Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 🚨 Gold & SILVER Investor! 🚨 - YOU Ready for THIS - (MASSIVE Price Move Update for Gold & Silver)

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🚨 Gold & SILVER Investor! 🚨 - YOU Ready for THIS - (MASSIVE Price Move Update for Gold & Silver) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:02
  The silver and gold markets are experiencing massive moves this
• 0:05
  morning. I'm sorry I was late.
• 0:07
  I was eating part of my $6 million banana.
• 0:11
  Guys, we have bubbles everywhere.
• 0:13
  Wait till you hear about the $6 million banana and why.
• 0:17
  I think it points towards the fact that we've got a major
• 0:20
  bubble that could burst in the future.
• 0:23
  And I have a big piece of artwork I want to unveil to you
• 0:27
  later as well. But this morning, the silver
• 0:29
  price. Was up $0.70 per oz.
• 0:32
  It was moving upward and upward and upward and then then the
• 0:37
  comex opened and what happened? Let's run out and take a quick.
• 0:40
  Look, get an update here on the silver price.
• 0:43
  Good morning, Thank you for being here.
• 0:45
  Happy Friday, basement dwellers. Let's go out the pin backs.
• 0:49
  This was yesterday's prices and remember that was yesterday.
• 0:56
  Today life goes on and we will do an update here.
• 1:00
  OK, silver of 43 cents. We'll take it.
• 1:03
  Yes, gold flirting with $2700. It's going to be an interesting
• 1:10
  day, but let's talk about quickly here.
• 1:13
  Why we? Can kind of point toward the
• 1:16
  fact that just maybe, just maybe, the silver price is being
• 1:20
  manipulated because our good friend the dude gave us his
• 1:22
  daily update which shows us that yesterday.
• 1:27
  I won't sing again. I apologize for that earlier.
• 1:30
  Or maybe I will sing again. That was yesterday, Thursday,
• 1:35
  the 21st of November, the the Comex and the LBMA.
• 1:39
  The silver paper market traded only 400 and.
• 1:42
  Why is it always a 39? We'll round up 440,000,400 and
• 1:48
  40 million paper ounces of silver.
• 1:51
  Take a deep breath and realize that represents 1/2 more than
• 1:55
  1/2. Of the world's silver mining
• 1:59
  output for the year so you're going to tell us that the silver
• 2:03
  price is not manipulated it is by definition it is by
• 2:07
  definition let's go out and take a look at.
• 2:09
  This I was looking this morning, but I got to share this because
• 2:12
  we don't talk about this enough. We go to the US debt clock.
• 2:16
  We can get an update here. The paper to silver ratio now
• 2:20
  sitting at 410, 21400 and 10 paper oz traded for each one
• 2:27
  real oz and we look at what people like the dude are showing
• 2:30
  us right that there's 440 million more than half of the
• 2:34
  year's annual mine output traded in one day I'm I'm just.
• 2:38
  Going to say yeah, whatever this quote UN quote price is, is not
• 2:43
  the real price guys. That would be like you putting
• 2:46
  through a a. An online order or going through
• 2:50
  the drive through at McDonald's and ordering a Big Mac and
• 2:53
  getting to the window to pick up your Big Mac and them saying,
• 2:55
  sorry, we don't have it. We sold, we sold that same Big
• 2:59
  Mac to 400 other people. And while we're here, let's take
• 3:06
  a quick look at the dollar to silver ratio, one of our
• 3:08
  favorite numbers to track. Yes, still over a thousand, 1016
• 3:14
  paper dollars. We'll do our update here.
• 3:18
  Being created for each one ounce of real, real.
• 3:23
  Do you know there's something more I want to show this.
• 3:25
  I love the US debt clock. There's one more thing we need
• 3:28
  to look at. Let me circle back.
• 3:31
  Only 1000 paper dollars. Not much different than this
• 3:36
  stuff, right? Huh. 1000 paper U.S. dollars
• 3:40
  here. Here's a real here's a real
• 3:42
  paper dollar being created for each one ounce of silver being
• 3:46
  dug out of the ground. But let's go back to the debt
• 3:48
  clock, because I saw something very interesting on it this
• 3:51
  morning. I just stayed up all night
• 3:53
  staring at the debt clock and that had to do with the M2 money
• 3:57
  supply. Look at this guys.
• 4:00
  This is the current M2 money supply.
• 4:03
  That's like the M2 is like bank accounts, money market accounts.
• 4:07
  It's just all the like liquidish money in the economy, $21
• 4:11
  trillion and growing. Remember, they're creating a
• 4:15
  thousand of these for each one ounce of silver that's being
• 4:18
  created each year. But if you look down here, USM 2
• 4:22
  money supply in the year 2000 was under $5 trillion.
• 4:26
  It was less than 25% of where it is today.
• 4:32
  And then what I really found shocking was this currency and
• 4:35
  credit derivatives, $635 trillion.
• 4:39
  We know the we know Baxter's pyramid.
• 4:44
  And I've got a solid gold little video we're going to watch
• 4:48
  together from a guy who's got an MBA from Harvard that's going to
• 4:50
  tell you in no uncertain terms that the gold price and the
• 4:54
  silver price are going higher. But when we look at all those
• 4:58
  derivatives, it reminds me. Of this let's see if I can find
• 5:02
  it for you real quickly I'll just put you guys on the screen
• 5:10
  my. Piggy Bank after four years of
• 5:13
  by dynamics, that's what American, the average American
• 5:16
  feels like. And guess what?
• 5:17
  It's not going to get better. Uh oh.
• 5:21
  Maybe I don't have it here. Well, anyway, that's you
• 5:23
  leaving. I was going to pull up extras.
• 5:25
  Pyramid. Hold on.
• 5:26
  I think I can do it. Stay with me here, guys.
• 5:30
  Stay with me. OK, Add the stage.
• 5:33
  There's the massive cup and handle and silver.
• 5:37
  Look at all these charts. A little trip down there it is.
• 5:41
  OK. That, my friends, is extras
• 5:43
  pyramid. Don't forget that $635 trillion.
• 5:47
  That's just part of all of this. Wait till you hear what Larry
• 5:51
  Leopard, Harvard MBA, one of the smartest guys in the room, had
• 5:55
  to say about what we have coming for the silver and gold price.
• 5:59
  Let's go to it right now. Hopefully we will not have any
• 6:02
  technical difficulties. This is, I think, one of the
• 6:07
  most solid gold, 3 minutes of a person speaking about the
• 6:12
  reality that we'll come back to that.
• 6:15
  OK here. This is just so you know who
• 6:16
  we're talking about here. This is EMA Equity Management
• 6:20
  Associates. This is Larry Leopard's firm.
• 6:23
  Let me show you, Larry. I followed this guy for years,
• 6:27
  Lawrence Leopard. He's Harvard educated, super
• 6:30
  smart guy, big advocate of gold, I believe silver as well.
• 6:35
  He also likes Bitcoin. We'll forgive him for that.
• 6:37
  The Bitcoin bubble. We don't always have to agree on
• 6:40
  everything. And he also puts out, if you're
• 6:43
  ever interested, you can come to this website, ema2.com puts out
• 6:48
  these quarterly newsletters that are like 10 pages long.
• 6:52
  But I'm telling you, you get a Harvard MBA just from reading
• 6:56
  them. But let's listen to what Larry
• 6:57
  has to say here. He's talking about the Fed.
• 7:01
  He's talking about how Jerome is in massive trouble.
• 7:05
  Guys, we are moving into an environment that is going to be
• 7:09
  like nothing we have ever experienced.
• 7:11
  Most of us. I'm 54, maybe you're a little
• 7:14
  older, but we are moving into the golden age, the silver age.
• 7:19
  And, and again, let's listen to what Larry has to say.
• 7:21
  And I'm going to add some commentary here as we go along.
• 7:26
  Here he is. Hopefully you can hear this
• 7:28
  Susie's on this live stream. Susie, if if people can't hear
• 7:31
  this, please let me know. He says we're going to get
• 7:35
  inflation back to 2%. He says we haven't lost control
• 7:38
  even though he has and the market believes him because the
• 7:42
  Ford swaps are at 275. OK, I'm not sure you guys can
• 7:45
  hear this. Let me know in the comments
• 7:48
  guys, if you could hear Larry talking, please.
• 7:51
  If not, I'll just tell you what he said.
• 7:54
  Hold on a second. What, sweetie?
• 7:58
  OK, All right. Sorry guys.
• 8:01
  Larry Leopard, what he said was basically the Fed is bluffing,
• 8:05
  OK? the Fed is up a Creek without a
• 8:09
  paddle right now. And when people realize what is
• 8:13
  going on and he said this, there's 450 trillion dollars as
• 8:20
  he put it in Fiat trash in the world.
• 8:24
  All the debt, all the made-up, all the make believe currency,
• 8:28
  all the everything, there's that that doesn't even count the
• 8:31
  derivatives, $450 trillion of Fiat trash.
• 8:36
  He brought up this point right. If only 10% of that money wakes
• 8:41
  up and people are going to wake up, and that's what he said, is
• 8:44
  that there's no way that the Fed is going to be able to stop the
• 8:49
  waves of inflation that are coming our way.
• 8:52
  And when your neighbors wake up, right, Wake up the neighbors.
• 8:56
  When the average American start to wake up, if even 10% of that
• 9:00
  money comes into things like gold, silver.
• 9:03
  And he also mentioned Bitcoin because he likes Bitcoin.
• 9:07
  I don't personally agree with that, but nonetheless,
• 9:09
  everybody's entitled to their own opinion opinions.
• 9:11
  And wait till you hear about this unbelievable $6 million
• 9:15
  banana that I think proves the crypto market is in a bubble.
• 9:19
  That will save that one for later when people wake up and
• 9:24
  start moving. Just 10%.
• 9:25
  That'd be $45 trillion moving into precious metals markets,
• 9:30
  mining stock markets that are tiny.
• 9:32
  It could be massive, massive increases in prices.
• 9:38
  For those assets. And again, it goes back to
• 9:43
  extras pyramid. All right, a fraction.
• 9:45
  Oh, and here's here's here's the reason why the big reason why
• 9:49
  this is fantasy is is Ron Ron's talking about $1000 silver.
• 9:54
  Ron's talking about $8000 gold. Ron's talking about silver
• 9:59
  mining stocks and gold mining stocks potentially going up by
• 10:02
  four 5-10 more times in value. Think about.
• 10:06
  This. Right, if we're talking about
• 10:08
  just 10% of all that Fiat trash paper money, all that we just
• 10:13
  saw it on the on the US debt clock, right, the M2 money
• 10:17
  supplies more than four times higher now than it was in the
• 10:21
  year in the year 2010%, just 10%.
• 10:26
  Guess what, the reason why we know that can happen is that
• 10:29
  because in 19 eighty 20%. Of the world's investable assets
• 10:34
  were we're in, we're in silver, gold and precious metal related
• 10:38
  investment. So yes, absolutely, undoubtedly
• 10:42
  it can happen and it will happen.
• 10:45
  I'll encourage you to go take a look at that, at that video with
• 10:48
  Larry Leppard, because he just hits it right in my opinion,
• 10:52
  dead spot on the head. OK.
• 10:56
  Now let's talk about what's going on.
• 10:57
  Let's get an update here on the silver and gold price.
• 10:59
  We've got an exciting morning, guys.
• 11:02
  This is big. Come on, we're going to press.
• 11:04
  This is the Pinbeck's magic button, right?
• 11:06
  You can do this yourself. You have to go to this website,
• 11:09
  Pi MB E x.com and press this little golden triangle.
• 11:14
  But that's not the only thing you can get at this website.
• 11:16
  You can also get like the best value going on silver, gold and
• 11:21
  platinum group metals at Pinbeck's.
• 11:23
  They're an online bullion dealer.
• 11:25
  They do a couple of things for you.
• 11:27
  They give you ultra competitive pricing.
• 11:30
  They give you great selection and they give you a company you
• 11:33
  can trust. And they give you our our group,
• 11:36
  Ron's Basement because they sponsor the channel.
• 11:39
  I worked with them before they sponsored the channel.
• 11:42
  You guys actually told me about them.
• 11:44
  So they're giving a lot to us. All I ask, never will I give you
• 11:48
  financial advice, investment advice.
• 11:50
  All I ask is if you ever decide that you want to buy some gold,
• 11:53
  silver, platinum group metals online and you want to get like
• 11:57
  the most metal for your money, just consider checking out
• 12:00
  Pinbacks. Now here's what we came for the
• 12:03
  Pinbacks magic button and come on.
• 12:07
  All right, Hey, Silver went up another penny.
• 12:11
  We're on a roll, basement dwellers.
• 12:13
  It's Friday morning. Gold and silver are up.
• 12:16
  Yes, yes, yes. Rob Keats brought up something
• 12:20
  very interesting on Twitter. Very simple, but this just
• 12:24
  totally struck a chord with me, so I want to share it with you
• 12:27
  here. He said those who panicked lost
• 12:30
  value. This market isn't finished yet.
• 12:34
  What's your 2025 gold price target?
• 12:37
  And, and there's a reason why that should strike a chord.
• 12:40
  Those who panicked lost value. Remember what it was like a week
• 12:44
  and a half ago when gold seemed like gold and silver were just
• 12:47
  going down, down, down. Now gold has gone up like 6 days
• 12:50
  in a row. Silver's doing very well.
• 12:52
  Let's go take a look at the silver chart, and then we're
• 12:54
  going to talk about why. This struck a chord with me.
• 12:59
  Is silver down? Hold on here, let's update this
• 13:03
  in the futures market. That would be weird, huh?
• 13:06
  That does not seem right, but none the less.
• 13:08
  We're up. Here we go.
• 13:10
  Maybe my computer's not. Here we go.
• 13:12
  All right, yes, silver, the December futures contract up
• 13:17
  $0.37. All right, let's look at A5.
• 13:20
  Day chart of silver and see how things have gone here over the
• 13:23
  last five days. Yeah.
• 13:26
  Well, you know we've been kind of we've been kind of hovering.
• 13:29
  Now let's see if we're in a let's get a six month chart on
• 13:33
  silver. Yeah, see we are, I think we're
• 13:35
  getting into another one of those descending our wedge
• 13:40
  pattern, triangle patterns. Let's look at a year for silver.
• 13:44
  Oh boy, do you see this? Let's get our crayons out and
• 13:48
  take a look here. I'm going to draw a couple quick
• 13:50
  lines for you guys. Number one.
• 13:55
  Number one, if we go all the way back here to February, remember
• 13:59
  that it was cold outside and the silver price was around $22.00.
• 14:03
  Look at this man. Look, charts are are are not
• 14:09
  like 100% prediction of what's going to happen in the future,
• 14:12
  but it's undeniable that there is a major uptrend in the silver
• 14:17
  price. Wow, wow, wow.
• 14:19
  Now let's get rid of that and. Let's.
• 14:24
  Just look at this on a little longer time frame.
• 14:28
  What happened to the two year They used to give us 2 year Oh,
• 14:31
  here we go. Hold on here, Let's look at it.
• 14:38
  All right, there we go. Let's look at it on A5 year time
• 14:41
  frame. Man, if we go all the way back
• 14:44
  here, that was what 2022? I mean there's just a major
• 14:51
  uptrend and I also believe a, you know, we're consolidating
• 14:57
  right now in the silver price and that will absolutely,
• 15:01
  absolutely change. Oh, Rob Keats, here's what it
• 15:04
  here. Here's the other thing to
• 15:05
  remember, right, the weak hands look, the last couple weeks were
• 15:08
  challenging. Maybe you had a challenging time
• 15:11
  dealing with the silver price and the gold price, but guys,
• 15:14
  remember this two key things any.
• 15:17
  Bull market. Any market that goes up doesn't
• 15:20
  go straight up. There are corrections after
• 15:23
  corrections. A couple examples from like 2009
• 15:28
  to 2011 when the silver price was on an absolute tear when it
• 15:33
  peaked out at 50 dollars, $50.00 in 2011 dollars which is
• 15:38
  probably like 80 or $90.00 or $100 in today's money.
• 15:42
  Nonetheless, during that period where silver.
• 15:45
  Went up, up, up, up, up. There were multiple times when
• 15:49
  the silver price dropped even more than the 1213% drop that we
• 15:54
  experienced just over the last couple weeks.
• 15:58
  So it's normal, normal, normal. I mean it.
• 16:02
  And same thing with gold, right? Remember silver went in in 2000,
• 16:07
  from 2001 to 2011 from under $5 to over $50 went up 10 times
• 16:14
  during that 10 year period. 10X not ten percent, 10 times, times
• 16:19
  5 to 50. There were there were multiple
• 16:22
  occurrences where silver pulled back 14 percent, 15 percent,
• 16:26
  12%, just like we experienced. I know it's no fun and people
• 16:30
  are saying oh I'm going to give up and blah blah.
• 16:32
  Here's what the market is doing and it's a bull market and
• 16:36
  there's the same that I will slaughter for you right now that
• 16:40
  basically. The bull market try, it's like a
• 16:44
  bull rider at a rodeo. I'm from Missouri.
• 16:47
  You ever been to a rodeo? Honestly, I've never been to a
• 16:49
  rodeo. But anyway, they have bull
• 16:52
  riding. You've seen it right?
• 16:54
  These crazy guys get on these bulls and try to hang on that's
• 16:58
  the bull market. It's the same thing.
• 17:00
  The bull tries to buck as many people off as possible.
• 17:04
  That's made it now if we indeed are in for another 10 year bull
• 17:09
  market, right? I don't have a crystal ball, but
• 17:11
  I believe to be the case. I believe in $200 silver.
• 17:16
  Sorry. I believe in $100 silver.
• 17:20
  Sorry. You can, you can say whatever
• 17:23
  you want about me, right? I believe in, I believe in
• 17:27
  silver prices like we've never, you can't even imagine.
• 17:31
  OK, Anyhow, the bowl will buck up and that's normal.
• 17:36
  OK, that cleanses, that gets rid of the weaklings, the nervous
• 17:39
  nellies that are like, oh, I don't.
• 17:41
  I bought this. The silver used to be used to be
• 17:44
  worth $35.00 an ounce, and now this silver's only worth 31.
• 17:49
  I can't take it. I can't sleep at night.
• 17:52
  Oh, you need to sew. Oh.
• 17:53
  OK. And I'm not look, I've been
• 17:55
  there. I've had sleepless nights.
• 17:57
  I I understand, but you know what that clears out those
• 18:02
  people, the people that are left in the gold market, in the
• 18:06
  silver market, in the precious metal mining stock market are
• 18:09
  the are the strong hands, right. All drama aside, get rid of the
• 18:13
  drama Mamas and the drama. Boys, let them go.
• 18:16
  Let them go buy Bitcoin or or NVIDIA or whatever they want to
• 18:22
  buy the S&P 500 or index. OK, great, great.
• 18:27
  The people that are left are the.
• 18:28
  Strongholders, right, the real, real true believers.
• 18:33
  So I think that's critical for us to understand now what about
• 18:37
  and everybody's saying the views on the on this channel are doing
• 18:40
  really well. But a lot of the other silver
• 18:42
  and gold channels I hear complaining, saying nobody's
• 18:45
  like the sentiments horrible. I even think that Jesse Colombo
• 18:48
  guy had a post on on X the other day saying sentiments so bad the
• 18:53
  silver go and I'm like, I don't is it that bad?
• 18:57
  So I don't know. Do you think sentiment's bad?
• 18:59
  I don't think it's as bad as it was.
• 19:01
  It's certainly not good. And when it does this, is this
• 19:05
  guy's something? You can be super excited about,
• 19:10
  OK, you're going to be startled when this happens.
• 19:13
  What's going to it's even, it's going to shock us and it's going
• 19:16
  to be good for silver and gold and that's when.
• 19:19
  To mainstream and Larry Leppard talked about that in that video
• 19:23
  that I couldn't get the audio to work on anyhow when the
• 19:27
  mainstream comes back and guess who guess who I just want to
• 19:31
  briefly point this out to you is is talking about gold again and
• 19:37
  it would be hold on here here we go yes Yahoo Finance that's bad
• 19:45
  enough but the Wall Street Journal runs a headline saying
• 19:51
  gold futures rise shrugging off stronger dollar on safe haven
• 19:57
  demand OK and then of course. There's a paywall, but I'll read
• 20:03
  you the first paragraph. Gold was up more than 1% higher
• 20:07
  as safe haven demand outweighs a stronger dollar.
• 20:10
  FX Pro said the precious metal has returned to growth after
• 20:13
  nearly three weeks of declines, reversing last week's drop
• 20:17
  entirely. And what would it be without a
• 20:21
  quick visit to. We need to check on the dollar.
• 20:26
  This is going to be our. Friend, this Oh my gosh.
• 20:29
  Unbelievable guys this is crazy the US dollar index one O 7.51.
• 20:37
  This is insane on many, many levels.
• 20:42
  Wow. Let's look at a one year chart
• 20:44
  on this. Look at this.
• 20:46
  This is the highest, but significantly.
• 20:49
  That the dollar looks like it got the one O 6 back in what
• 20:53
  nature this should mean the gold and silver are completely should
• 20:58
  completely be in the toilet. You can see over here on the
• 21:01
  right hand side gives us one O 7.66.
• 21:05
  Unbelievable. Let's look.
• 21:08
  Remember this is when Jerome Powell cut rates.
• 21:12
  OK, when the Fed cut rates when the dollar index was at 100, the
• 21:17
  dollar index should have gone down.
• 21:19
  We are living in crazy, crazy land now.
• 21:22
  The reason why? The fact.
• 21:25
  That we're at one O 8 is reason is is reason for you to be
• 21:29
  celebrating right now is because we've got gold beating on the
• 21:34
  door of 2700. We have silver hanging in there,
• 21:37
  tight and strong At 31 it should.
• 21:41
  Be if if if if you'd shown any trader this chart right?
• 21:46
  And told them that the dollar was in the matter of two months
• 21:49
  the dollar was going to go from 100 to 108.
• 21:53
  They would have told you that the the gold price would be
• 21:56
  maybe at best 23124 hundred silver would be back $25 per oz
• 22:02
  and that has not happened. Now there's.
• 22:05
  This is this. This is so critical for you to
• 22:09
  understand. OK, so critical for you to
• 22:12
  understand. And I will show this every day
• 22:15
  until we we do get our 10 year bull market guys where we sit
• 22:21
  right now and that at this chart is it's more like up here at
• 22:27
  this point, OK that that's the dollar over 40 years, remember
• 22:32
  this. Is the only time that we were
• 22:34
  higher, OK, about around 2000 to 2001, 2002.
• 22:39
  Now this is so much fun because because from this period to this
• 22:48
  period, we had a bear market in the dollar.
• 22:52
  Oh, and that's also the same period when gold skyrocketed and
• 22:56
  the price of silver went from under $5 to over $50.
• 23:01
  I promise I won't say that again and I'll try not to show that
• 23:04
  chart, but that is, that is like, you know the, the, the
• 23:09
  jaw-dropping chart that all silver and gold investors need
• 23:15
  to look at. OK, let's go out and check on
• 23:18
  our friend the Shanghai Ghost and see what is going on.
• 23:24
  Nope, Nope, Nope. Yes, here we go.
• 23:27
  Let's check on the Shanghai Gold Exchange.
• 23:30
  And the only reason why I emphasize the highs because the
• 23:33
  price always just seems to be higher in Shanghai.
• 23:36
  OK, Susie doesn't like me saying Shanghai, but I.
• 23:40
  Just I have to say it. I'm sorry, Silver.
• 23:43
  Right there, OK, on the Shanghai Gold Exchange, $33.32, Wow,
• 23:51
  things are moving in the world. Remember, China is taking over.
• 23:55
  We're going to run out here to channel sponsor pin backs and
• 23:58
  check on the silver price of 42 cents.
• 24:03
  OK, So I don't know, Shanghai's up what, $2.00 an ounce more
• 24:07
  than us. OK, so let's shift gears.
• 24:10
  Let's talk about basement dwellers.
• 24:12
  We have a serious subject to talk about and then we're going
• 24:15
  to talk about the $6 million banana.
• 24:19
  Uh huh. This is real in the bubble, the
• 24:23
  potential bubble in the crypto industry.
• 24:25
  But first, basement dwellers, let's be sophisticated and talk
• 24:29
  about UBS, maybe mentioned Goldman Sachs while we're at it,
• 24:34
  OK, The big boys are talking about precious metals and we
• 24:37
  need to pay heed. They're at the club, they're
• 24:40
  over at the club, They're at the club talking about gold and
• 24:43
  silver. You know, when they start
• 24:46
  talking about it at the club, then eventually that will filter
• 24:50
  down to us as peasant men. Nonetheless, no offense anyone
• 24:58
  who's. Who goes to a club?
• 25:00
  The UBS. Who is UBS?
• 25:03
  USUBSUBS is the largest private bank in the world and the
• 25:10
  largest Swiss bank institution. They're Swiss bankers OK it has
• 25:16
  over 100,000 employees and operates in more than fifty
• 25:19
  countries, and they're known for their their discretion and
• 25:22
  keeping their client information private.
• 25:25
  What are they saying about gold? Let's go talk out and let's when
• 25:29
  they're. Talking about gold.
• 25:31
  Maybe they're talking about silver as well.
• 25:34
  Boy, the old computer is not cooperating this morning.
• 25:39
  Hopefully we still have a hopefully we're still alive.
• 25:41
  There we go. OK, OK.
• 25:45
  UBS now they're in the company that also just recently bought
• 25:49
  Credit Suisse. Remember, that was like a part
• 25:51
  of the big banking financial. Crisis that we had back like 18
• 25:55
  months ago. So UBS joins Goldman.
• 25:59
  Sorry, I yelled in the microphone.
• 26:00
  UBS joins Goldman and forecasting gold's rally is not
• 26:05
  over. And you know, that's good for
• 26:06
  silver as well. They say gold will rally to
• 26:10
  $2900.00 an ounce by the end of next year, according to UBS
• 26:15
  Group AG, Echoing a call from Goldman Sachs.
• 26:19
  Echoing a call from Citibank. Citibank has like 200 employees.
• 26:23
  Goldman Sachs, you know, they're the most.
• 26:26
  A sophisticated investment banking firm in the world.
• 26:29
  And now we have UBS, you know, the giant Swiss banker telling
• 26:34
  us $2900 gold. Let's look at why.
• 26:37
  Couple things I want to mention here.
• 26:40
  The United States red sweep, strong diversification, buying
• 26:44
  interest and elevated global uncertainty to continue to
• 26:48
  support prices gains should be driven by continued strategic.
• 26:53
  Gold allocations and official sector purchases in a backdrop
• 26:57
  of high macro volatility and persistent geopolitical risk.
• 27:02
  Woof. Is your head spinning?
• 27:04
  What they're basically saying is we got a lot of uncertainty
• 27:07
  coming down the down the Pike. OK, uncertainty, Goldman Sachs.
• 27:12
  Forecast this week that the precious metal gold would climb
• 27:15
  to $3000 an ounce, not to be outdone by UBS by the end of
• 27:20
  next year. The bullish view hinged on
• 27:22
  higher demand from central banks plus flows of exchange traded
• 27:26
  funds as the Fed cuts rates. Guys.
• 27:30
  We haven't beat this this There's a big reason why the
• 27:36
  central bank purchasing of gold is a huge deal.
• 27:41
  A huge deal, OK, because you can talk about crypto currencies,
• 27:46
  you can talk about the stock market, you can talk about Fiat
• 27:49
  paper money being printed, blah blah blah.
• 27:53
  But at the end of the day, right?
• 27:55
  The mothership of the world financial system are the world
• 28:01
  central banks. And think about this.
• 28:04
  I need to look you in the eye when we when we say this
• 28:06
  because, you know, we haven't talked about this enough lately,
• 28:10
  my friends, right. The world central banks are
• 28:14
  buying gold. Think about it.
• 28:19
  They're not buying crypto, They're not buying stocks.
• 28:23
  They're not buying dollars, not as much as they used to.
• 28:27
  They're not buying U.S. Treasuries.
• 28:30
  The world central banks are buying gold.
• 28:34
  And oh, by the way, Russia, right, just started buying
• 28:37
  silver as well. And they're kind of regarded as
• 28:40
  the leader of the Renegades. But we need to remember that,
• 28:44
  OK, that is critical. Critical.
• 28:47
  And it's not just because of the price of gold and the price of
• 28:50
  silver. It's.
• 28:52
  Critical to know and to remember, right?
• 28:55
  And I'm sorry, I apologize, I've not, I've not talked about this
• 28:58
  enough with you lately, but the central banks are a big, big
• 29:02
  deal, right? They are the insiders.
• 29:06
  They know the inside information.
• 29:09
  They know more than anybody than the hedge.
• 29:12
  Funds. Think of people like Warren.
• 29:14
  Buffett. Right or Ray Dalio, although Ray
• 29:17
  Dalio is pretty darn smart, but it's a big deal and we need to
• 29:20
  we need to at least once a week. You guys need to remind me to
• 29:23
  remind you to remind everybody that the central banks are still
• 29:27
  a big deal. UBS also flagged more by and
• 29:31
  then the other thing is ETFs and they're both saying that there's
• 29:34
  money going into the ETFs and wait when I wait till you hear
• 29:37
  what this guy Fred Hickey had to say.
• 29:39
  We'll go there next. UBS also flagged more buying
• 29:42
  from monetary authorities. The official sector, which tends
• 29:45
  to buy physical gold bars is likely to continue adding two
• 29:48
  reserves for diversification purposes and amid geopolitical
• 29:52
  tensions and sanctions. Many are we going to have World
• 29:55
  War Three break out this weekend?
• 29:56
  Some people, I guess you can say that now I don't want to get in.
• 29:59
  Trouble. But like mainstream media,
• 30:02
  people were starting to talk about World War Three.
• 30:04
  The Hill said that. I mean geopolitical tensions,
• 30:08
  many central banks, gold reserves remain small as a
• 30:12
  percentage of total assets. I think that's all.
• 30:16
  We want to talk about there. So, yeah, obviously, and this is
• 30:21
  not a political show or a geopolitical show, but guys,
• 30:26
  there's has been major escalation in Ukraine.
• 30:30
  It seems that our president when he's not focused on by dynamics.
• 30:36
  Has decided that now that his political party lost the
• 30:40
  election that now might be a good time to start and and
• 30:44
  massively escalate right the war in Russia now take a step back
• 30:51
  right it's it's already big enough bad enough let's just
• 30:54
  point out something here these missiles that are being fired
• 30:59
  are made in the West they're also.
• 31:03
  Require intelligence from the West.
• 31:07
  They all. I mean, I don't look, I love my
• 31:11
  country OK, but I'm not real fond of of, of.
• 31:15
  World War Three and now we have Russian President and their
• 31:19
  defense minister, right we're we're hearing we're hearing
• 31:22
  we're hearing some scary things right we're hearing in the
• 31:25
  mainstream media mention of. World War Three, we're also
• 31:29
  hearing even scarier. Nuclear so I don't want to scare
• 31:37
  you. I don't want to be and I'm not
• 31:39
  predicting, you know, and I don't want any of this, but we
• 31:42
  are living. In a very uncertain world right
• 31:45
  now, bar none, in a very scary situation that I think most
• 31:50
  people don't even really realize the potential severity of what
• 31:55
  we're looking against. Hopefully it all gets worked
• 31:58
  out. Now let's get back to gold and
• 31:59
  silver. What did Fred Hickey have to
• 32:01
  say? Fred Hickey's one of the top
• 32:03
  analysts, another one of the top respected people out there.
• 32:07
  He said this. We're going to skip through.
• 32:08
  He puts out a newsletter. This is on X Fred HTSF Hickey is
• 32:14
  his handle. He says something unusual has
• 32:17
  happened over the past five days.
• 32:19
  He's referring to the gold market since gold's low occurred
• 32:23
  on November 14th. So that was eight days ago in
• 32:27
  the low 25 hundreds. Gold is now rallied for five
• 32:30
  consecutive days. Today would make 6.
• 32:33
  Even as gold futures interest has continued to decline all
• 32:37
  five days, speculators have reduced their position.
• 32:41
  Which is a good. Thing while gold has rallied
• 32:44
  sharply that's a strange thing, right?
• 32:47
  They pulled back on their paper gold.
• 32:49
  It's not just bargain hunting overseas buyers that may have.
• 32:52
  Caused the sharp gold rebound to $2670 in red.
• 32:59
  There have been 5 consecutive days of inflows into the US
• 33:03
  based gold ETF, the largest gold ETF in the world, totaling 10
• 33:08
  tons. There have also been over 10
• 33:11
  tons of inflows into the IAUETF, which is the second largest gold
• 33:16
  ETF over the past nine days with 0 outflow days.
• 33:22
  Guys, there is money. Go, this is weird.
• 33:25
  And I've said this, I've noticed this.
• 33:28
  There's the speculators and the paper gold are going away.
• 33:32
  People are moving money into the gold ETS.
• 33:36
  And the third weird thing if you notice this is that there was
• 33:40
  this this strange phenomenon a couple days where the gold price
• 33:44
  was up significantly and silver was flat or down.
• 33:49
  OK, it doesn't make sense. And the gold to silver ratio.
• 33:52
  Which we'll go. Look at here in a second.
• 33:54
  Is just. Is just pretty much exploded
• 33:57
  again. Conclusion.
• 33:59
  OK this is his conclusion. I was planning to wait for the
• 34:02
  mid-december seasonality to kick in which is the best gold demand
• 34:06
  period of the year like mid-december through the end of
• 34:08
  the year to the end of February before putting my cash pile back
• 34:12
  to work. Now I'm reconsidering.
• 34:14
  I hope to have he has a newsletter.
• 34:16
  I hope to have the answer in my upcoming HTS December letter.
• 34:20
  I've decided in the if I've decided in the affirmative, I
• 34:23
  may accelerate the publishing date to just after Thanksgiving
• 34:27
  rather than the usual first week of December.
• 34:31
  OK, Fred, very interesting. So, so weirdness, right?
• 34:37
  Big money speculators are moving out of the electronic gold
• 34:41
  market. But we're getting big inflows
• 34:45
  into the gold ETF and I don't forget Bill Streibel of Blue
• 34:49
  Line Futures pointed this out right after the first Fed rate
• 34:52
  cut that typically about 30 days if I remember this correctly
• 34:56
  after the first rate. Cut is when we start to see big
• 35:00
  inflows developing within the ETFs.
• 35:03
  Everybody take a little break with me and have a sip of
• 35:05
  coffee. I forgot to tell you the most
• 35:11
  important thing. Thank you, guys.
• 35:12
  We got 600 people on a Friday morning.
• 35:15
  Thank you for being here. Thank you for being part of the
• 35:17
  basement. You.
• 35:18
  Yes, you. You're important.
• 35:20
  You're smart, you're loved by many, and you're part of this
• 35:23
  group. You're part of the tribe.
• 35:25
  I hope you subscribe. Hey, What?
• 35:28
  What? My friend Jim.
• 35:30
  Thank you. Wow.
• 35:32
  I got a crazy big super chat. Thank you.
• 35:35
  Merry New Year. Yes, thank you.
• 35:39
  And Susie and I are having our 20th anniversary.
• 35:41
  Wow, I don't know what to say, but thank you for the support,
• 35:44
  guys. Thank you for that massive super
• 35:46
  chat. I am blown away yet again.
• 35:50
  OK, the weirdness is I just really believe that we are in
• 35:54
  good shape within this gold and silver market.
• 35:57
  We are going to talk about the $6 million banana, OK, but but I
• 36:03
  want to go, I want to take a look at the gold to silver
• 36:05
  ratio. Let's go out the pin backs.
• 36:07
  We'll get an. Update and we'll calculate
• 36:09
  together. Thank you for the Super chat.
• 36:13
  Very much appreciated. Super appreciated.
• 36:16
  OK, let's do an update and then let's calculate.
• 36:19
  I'll do it here. The the gold to silver ratio is
• 36:23
  getting out of hand. How many ounces of silver does
• 36:27
  it take? So we'll divide 2700.
• 36:31
  Divided by 31.25. OK guys, look at this.
• 36:38
  This is. Crazy.
• 36:39
  I have to ask you a question. OK, that that was live.
• 36:45
  Can you see that 86.4 we divided the gold price by the silver
• 36:51
  price. That means that if you want to
• 36:54
  trade right this, I don't have any gold after that big nice,
• 36:59
  generous super chat, maybe I'll get some.
• 37:02
  If you want to trade this for gold, you're going to have to
• 37:06
  take 86 of these to get one ounce of gold.
• 37:11
  I mean look, I love gold. I'm not putting gold down here.
• 37:15
  There's a whole here's a tube of those you're going to take four
• 37:19
  of these. That's a tube of American Silver
• 37:22
  Eagles. And then.
• 37:23
  Six more, so four of these 1234 and six of these more to get one
• 37:33
  ounce of gold. It's out of control.
• 37:36
  And look, I love gold and I'm all for gold going higher and
• 37:39
  higher and higher, but the silver price has a lot of
• 37:42
  catching up to do. Remember, historically speaking,
• 37:44
  the reason why we want to keep an eye on this gold to silver
• 37:48
  ratio, historically speaking, it's average recent history.
• 37:53
  We're talking about the last hundred 200 years, maybe in the
• 37:56
  last 50 years at around 50. Here, let's do the math.
• 38:01
  Let's do the math quickly. So if we have $2700 gold, OK,
• 38:07
  and we divided by 50, Oh my gosh, is that right equals 54,
• 38:15
  we would have 54 or I'll put it back up there for a 2700 / 50
• 38:24
  2700. Dollar gold price divided by a
• 38:28
  50 to one gold to silver ratio, we would have $54 silver right
• 38:35
  now. I'm sorry, you know, and, and
• 38:39
  oh, oh, that's I know, right. I understand.
• 38:42
  You're going to call me a silver pumper, A gold pumper.
• 38:45
  I don't know. You know, could we get to $54
• 38:49
  silver soon? I believe we could.
• 38:51
  Could we get to $100 silver soon?
• 38:53
  I believe I had a great talk yesterday with Gary Thompson.
• 38:58
  He's the CEO of a new silver company, Silver Silver 47.
• 39:04
  OK, they have a big project up in Canada or I'm sorry, Alaska.
• 39:08
  He talked about the fact he believes that we could see
• 39:11
  triple digits over. It's not out of the question
• 39:13
  because what about Bitcoin, $100,000 Bitcoin.
• 39:17
  And to make it even crazier, this is we are living.
• 39:20
  We are living right now in what I would call a Fiat.
• 39:25
  Fiat paper, right? Paper dollar Fiat.
• 39:28
  Pat Holland, thanks for being here.
• 39:30
  Good to see you. I saw your tweet and I talked
• 39:32
  about it yesterday during my live stream that the
• 39:34
  legislation's getting getting rolling in Missouri to bring
• 39:38
  gold and silver. Back as legal tender
• 39:40
  legislation. If you want to learn more, you
• 39:42
  can go to mofree.org and talk with Pat, sign up for his
• 39:47
  newsletter. All that great stuff.
• 39:49
  We'll have Pat on the show here real soon, but we are living Pat
• 39:53
  Holland for the Missouri Freedom initiative.
• 39:55
  We're living in a Fiat right paper.
• 39:58
  What else? Debt and I believe crypto bubble
• 40:01
  because now they're using Tether.
• 40:02
  I don't even understand it. It's crazy.
• 40:05
  But what? What proves?
• 40:06
  It to me is this you can sit down because this this I think
• 40:10
  proves that we are in a A and and now it seems like everybody
• 40:14
  I know is talking about crypto. Are we having the shoeshine boy
• 40:17
  moment with crypto? I know Bitcoin exploded after
• 40:21
  Trump got elected, blah, blah, blah.
• 40:23
  What? Whatever, right?
• 40:24
  But it feels like everybody, you know is like I, I don't, I'm,
• 40:30
  I'm, I'm not anti crypto, but I just feel like maybe we're in a
• 40:34
  bubble. And when I saw this article, I
• 40:38
  have to admit this, this, this to me feels like a potential
• 40:43
  shoe. Crypto investor pays $6 million
• 40:48
  for a banana and plans to eat it.
• 40:52
  OK, crypto investor Justin Soon paid $6.2 million for a banana
• 41:00
  duct taped to a wall. OK Sotheby's auctioned off the
• 41:05
  infamous piece of work titled Comedian, created by Italian
• 41:08
  artist and cultural prankster Maurizio.
• 41:10
  Catalan son will get This is what he gets a roll of duct tape
• 41:16
  instructions on how to install the banana and he gets a
• 41:20
  certificate of authenticity guaranteeing it as an original
• 41:25
  work. But the banana is not included
• 41:28
  since it will rot. We're going to come back to
• 41:31
  this, but I want to give you a visual of what is going on right
• 41:34
  now in our world, in our Fiat make believe that base world.
• 41:38
  Hold on just one second. And then I have a a piece of
• 41:40
  work that I'm going to be auctioning off up until
• 41:44
  Thanksgiving at 10:00 AM myself for the crypto community.
• 41:48
  But hold on one second. This is what the crypto guy paid
• 41:54
  $6.2 million for. A banana, OK, and some duct
• 42:00
  tape. This duct tape, I'll give him a
• 42:02
  free plug, comes from our friends at ALDI.
• 42:04
  It's been sitting down here in the basement for a while.
• 42:07
  Anyway, 6.2 million US paper Unicorn fart dust dollars for
• 42:13
  this. And some instructions and a
• 42:16
  certificate of authenticity. So you're going to tell me we
• 42:20
  aren't living in a fantasy world right now?
• 42:23
  I mean, I'll duct tape anything, anything, including anything on
• 42:27
  my body to the wall for $6 million.
• 42:31
  I mean, come on, man. Let's get back to this article
• 42:34
  because this is just insane. Let me just.
• 42:39
  Read here. Here's a picture.
• 42:41
  There's a picture. OK.
• 42:43
  I mean, this is real. This is happening in our world
• 42:47
  right now. This.
• 42:50
  OK, here we go. There's another close up picture
• 42:55
  of it if you want to do it. You know you could probably do
• 42:58
  that for yourself if you like, OK.
• 43:01
  But here's what he said. He said this is not just an
• 43:03
  artwork, it represents a cultural phenomena that bridges
• 43:07
  the worlds of art, memes, and cryptocurrency community.
• 43:12
  I believe this piece will inspire more thought and
• 43:14
  discussion in the future and will become a part of history.
• 43:19
  I'm honored to be the proud owner of this iconic work and
• 43:22
  look forward to it, sparking further inspiration and impact
• 43:26
  for art enthusiasts around the world.
• 43:28
  No, Jason, you just paid. $6 million for this, some duct tape
• 43:34
  and a banana. And you, my friend, like I want
• 43:38
  you to think about something Jason soon.
• 43:41
  That's $6 million. You could have done a lot of
• 43:43
  good with it. You could have bought, you could
• 43:45
  have built like 60 nice houses for homeless people or done
• 43:50
  something. But no, you bought a banana
• 43:52
  with. Duct tape.
• 43:52
  So I have my own piece of crypto art that I know and I'm not.
• 43:57
  I'm going to auction it off. The auction ends on Thanksgiving
• 44:00
  morning at 10. AMI will hand it over to
• 44:03
  Sotheby's if the if the bid price gets above $10 million.
• 44:08
  Otherwise, I'm going to handle it on my own.
• 44:09
  But this is for the crypto community, OK?
• 44:12
  And I call this, hold on, I'll grab it.
• 44:15
  Was up all night working on this.
• 44:21
  Here it is the big unveiling. OK, this is called the only
• 44:27
  Bitcoin bubble, and I will include a certificate of
• 44:31
  authenticity with this as well. This is for all the people who
• 44:36
  said Bitcoin's a bubble. So if it's a, if it's a crypto
• 44:39
  billionaire, they can keep this in their office.
• 44:42
  And when Bitcoin goes to $13 million like Michael Saylor says
• 44:46
  it is, they can keep this and laugh and look at it and think,
• 44:49
  oh, I remember when people said Bitcoin was a bubble.
• 44:52
  It's a Bitcoin bubble gum dispenser.
• 44:56
  And again, the bidding on this will start at $6.3 million and
• 45:01
  the bidding will wrap up on the dot at 10:00 AM on on
• 45:08
  Thanksgiving morning. And and again I will hand this.
• 45:10
  Over to Sotheby's as the once the price gets above $10
• 45:17
  million, I mean are. You kidding me?
• 45:20
  Are you kidding me? It's unbelievable.
• 45:22
  OK, now let's go back. Let's talk about we haven't
• 45:24
  talked about CBD, CS and digital money.
• 45:27
  Are we heading towards a digital currency environment?
• 45:31
  Guys, cash is going away. You know, I mean, like we all,
• 45:35
  I, I know your, you got your life.
• 45:37
  I got my life. We deal with stuff and, you
• 45:39
  know, but you, you get bombarded with emails from your health
• 45:44
  insurance company and your, and they always, they always stink,
• 45:48
  right? Like I get, ours is mine's Cigna
• 45:51
  and I'll see something from Cigna and I'll be like, oh God,
• 45:54
  it's never like, hey, we got good news.
• 45:56
  We owe you $100. It's always a bill or something.
• 45:59
  It's like, it's crazy. OK, you get these emails.
• 46:02
  I got one yesterday from my, I guess the doctor's office, the
• 46:06
  health group and and again more. Proof.
• 46:10
  I'm going to show you this quickly or prove that we are
• 46:13
  moving. We know like Major League
• 46:16
  Baseball is moving away like a baseball stadiums, you can't use
• 46:20
  cash anymore. We know of places like Six
• 46:22
  Flags. The list grows and grows.
• 46:24
  This is I took a screenshot. This is my personal health
• 46:27
  information here from my doctor's group.
• 46:30
  Effective November 25th, BJC Medical Group Practices
• 46:34
  implemented a cashless payment system.
• 46:37
  To collect co-pays for your convenience.
• 46:40
  You can submit your payment prior to your appointment via my
• 46:43
  chart and E check in if you prefer.
• 46:45
  If you prefer to pay the day of your visit, we accept debit
• 46:48
  cards, credit cards, Apple Pay. If you do not bring a credit or
• 46:51
  debit card, a statement will be sent to you, blah blah blah.
• 46:54
  We understand that not everyone is comfortable with electronic
• 46:57
  payments. Yes, right, we're not.
• 47:00
  If you have any concerns or need assistance setting up a payment
• 47:03
  method or have inquiries, blah blah blah.
• 47:06
  The point here guys, is it's happening.
• 47:10
  It's happening in real time right now.
• 47:14
  And if the government really doesn't even have to like shove
• 47:19
  it down our throats, I don't think we're going to have cash.
• 47:22
  I don't think that this stuff right is going to be around 5
• 47:26
  years from now. I'm sorry.
• 47:28
  I think that I think that not only cowbell.
• 47:31
  OK, thank you, Susie. I'll ring the cowbell one
• 47:33
  second. It's, it's like the, it's like
• 47:36
  every it's, it's the businesses are doing it on their own.
• 47:40
  OK. And on top of that, people are
• 47:44
  doing it on their own. Most young people I know don't
• 47:46
  carry cash around anymore. We are going to a completely
• 47:50
  electronic. World and the next step from
• 47:52
  that will likely be some attempt, right?
• 47:55
  They've got the plumbing in place to get us on to some type
• 47:57
  of CBDC arrangement. I don't think it's good.
• 48:02
  I do think though, as the reason why is a silver and gold
• 48:06
  investor. I know we're very anti CBDC in
• 48:10
  general, very much against like the cashless society.
• 48:15
  But guys, when we go completely electronic, when money goes
• 48:19
  completely electronic, yes. Everything will be tracked.
• 48:23
  Yes, Big Brother will be watching.
• 48:25
  Think about it. What's the only thing left right
• 48:29
  that that will offer you? A hint or it?
• 48:33
  Not just a hint, but really true financial privacy.
• 48:37
  Where'd it go? Not this.
• 48:39
  Not a duct tape and a banana. 6,000,000.
• 48:41
  Yeah, I'll sell you. Look, I'll send you this for
• 48:44
  $6000. Where'd it go?
• 48:48
  Well, here. This this stuff will offer you
• 48:53
  financial privacy in the eyes right in the reality, the new
• 48:57
  reality when everything is electronic, even if we don't go
• 49:01
  to a official CBDC, if all dollars are now electronic,
• 49:06
  everything will be tracked. And for people that want any
• 49:08
  form of financial privacy, only silver and only gold are going
• 49:12
  to offer that, you know, and then if we segue that into what
• 49:16
  our friend Pat Holland with the Missouri Freedom Initiatives
• 49:20
  working on. But Daniel Diaz with the
• 49:22
  Citizens for Sound Money that are trying to, to, to, to
• 49:26
  advance this legislation, not just in Missouri, but in a lot
• 49:31
  of other states around the country as well, to legally
• 49:35
  ensure that citizens of the states that get these laws are
• 49:40
  able to use gold and silver as legal tender, right, right.
• 49:44
  That's why it's so important. But.
• 49:48
  When we, when we talk about silver and gold specific to this
• 49:52
  move to complete electronic money, right, silver and gold I
• 49:57
  think are going to be massive, massive beneficiaries.
• 50:00
  All right, guys, thanks for being here.
• 50:02
  Let's go, Let's go. Hold on here.
• 50:04
  I got bananas everywhere. Things are going nuts this
• 50:07
  morning. Oh, cowbell.
• 50:09
  Sorry. Thank you, Susie.
• 50:13
  That's for all the basement dwellers.
• 50:15
  Old school. Let's go check the.
• 50:18
  Let's go check the silver, make sure I got the right thing up
• 50:22
  here, I do OK, let's go do an update come on, take your blood
• 50:27
  pressure medicine and OK. Gold is above $2700 per oz
• 50:34
  Silver 3126. I want to say thank you to
• 50:38
  channel sponsors. The first mining gold, Canadian
• 50:43
  gold developer. If you want gold in the ground
• 50:45
  in Canada, that's what they have two development stage projects,
• 50:49
  so they're working through the permitting process where they
• 50:51
  have multi million ounce deposits in Canada, one in Q1 in
• 50:55
  Ontario. You can learn more about them at
• 50:57
  firstmininggold.com. Fortuna Mining has been doing so
• 51:01
  great this year. They're an active mining
• 51:03
  company. They mine silver and gold in
• 51:06
  Latin America and they have an expanding gold mining operations
• 51:12
  in West Africa. You can learn more about them at
• 51:15
  Fortuna mining.com. Don't forget channel sponsor pin
• 51:18
  backs if you want to get some silver, gold or platinum.
• 51:21
  And of course, Dirty Man see it. Hang in there, dirty man.
• 51:25
  Safe, dirty man. Let me show you real quickly if
• 51:30
  you buy the six $6 million banana.
• 51:35
  Right, you can bury it in your backyard like the Pirates.
• 51:39
  Did. Right there it is, dirty man
• 51:41
  Safe. You can bury it in your backyard
• 51:45
  like the pirates did. Safe from flood, fire, anything
• 51:48
  else. I'm telling you, I got a.
• 51:50
  Thing for this little safe. I really like it.
• 51:53
  There's there's the Unicorn. Don't put Unicorn fart dust in
• 51:56
  this. Put silver and gold in this.
• 51:59
  There is a discount code if you decide to get one for yourself.
• 52:03
  I think it's a good Christmas idea.
• 52:06
  Right, for a stacker, just an idea.
• 52:08
  Somebody's hard to get a gift for Ron 10, Ron 10.
• 52:14
  And here let's show you the I want to show you real quickly.
• 52:18
  Just a couple quick pictures of it slides.
• 52:23
  There we go, Dirty man. OK, there you go.
• 52:26
  Dirty man. Safe.com 10% off Code Ron 10.
• 52:30
  Right there it is that it comes with the sleeve and the cap and
• 52:33
  the safe. Dig a hole, put the sleeve in,
• 52:37
  slide that down in there, put the cap on top, cover it up and
• 52:41
  boom, when you need it, you just dig it right back up.
• 52:45
  I don't know, I think they're cool.
• 52:48
  All right, guys, let me. How do I get back to you?
• 52:51
  There we go. What did I forget?
• 52:53
  Did I forget anything? Have a great weekend.
• 52:56
  Hopefully I'll see you guys over the weekend.
• 52:58
  Let's go gold, let's go silver. And you know what?
• 53:02
  Hey, we'll go a little. Extra today I want to say hi to
• 53:05
  everybody. Tell me tell me your type, your
• 53:08
  first name in the comments section and I'll see if I can
• 53:11
  say all the first names. It starts moving fast.
• 53:14
  So thank you, O Lee Sheet. I can't believe I said that.
• 53:21
  Pop, Pop off. Hello.
• 53:23
  Take care all. Thank you, Jackie.
• 53:25
  Jim. Good to see you, Jim.
• 53:26
  Jim, thank you again for that super chat.
• 53:29
  Super appreciated. OK, Mick, Mark, Pop.
• 53:32
  Dude. Nick, Patrick, Patrick.
• 53:35
  Lol. Terry.
• 53:38
  Yeah, there you got me. Holy Terry.
• 53:40
  Texas. Hey, Jake.
• 53:42
  Jake from Texas. Jake's custom parts of me Hoff.
• 53:45
  Brad, are you guys quilt? James wow, look at all you guys
• 53:50
  from everywhere whole Annie Oakley, thank you for
• 53:54
  moderating. Jake from Jake's Custom Parts.
• 53:57
  Thank you for moderating. Susie, the my lovely talented
• 54:01
  wife and Co partner, whatever you want to call it.
• 54:04
  Thank you. Beverly from Canada.
• 54:06
  Got to go. Have a good day.
• 54:08
  See you Todd. See you Jake that guys look at
• 54:10
  that Roy's here. Georgia South Georgia little
• 54:14
  little penny. Thank you again, Jim.
• 54:17
  Wow. All right, guys.
• 54:20
  Todd, Todd, Paulie, good to see you, man.
• 54:23
  Look at all these Titusville, FL man, people just from
• 54:28
  everywhere. We are all spread out Alaska,
• 54:31
  man. George.
• 54:32
  Good to see you Ray, from Indonesia, all over the world.
• 54:36
  Manchester, United Kingdom. Mr. Holy, you got me on that
• 54:43
  one, brother Miami. Yeah, yeah, yeah.
• 54:47
  And don't forget, guys, tell all your billionaire crypto friends
• 54:50
  that were auctioning off this wonderful piece of art they only
• 54:55
  have until Thanksgiving morning. It's the Bitcoin bubble gum
• 55:00
  dispenser. And, oh, it comes with four
• 55:02
  pennies. OK, I don't know if you can see
• 55:05
  that down there. There's 4 pennies.
• 55:07
  And maybe they'll make a dirty man safe that's big enough to
• 55:10
  bury that thing. All right, guys, have a great
• 55:13
  day. OK.
• 55:14
  Thank you for being here. Thanks for being part of the
• 55:16
  basement. Thanks to the moderators.
• 55:18
  I'll see you soon. Bye.
• 55:19
  Bye.