Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Gold & SILVER Investor! 🚨 - YOU Ready for THIS - (MASSIVE Price Move Update for Gold & Silver)
Transcript
- 0:02The silver and gold markets are experiencing massive moves this
- 0:05morning. I'm sorry I was late.
- 0:07I was eating part of my $6 million banana.
- 0:11Guys, we have bubbles everywhere.
- 0:13Wait till you hear about the $6 million banana and why.
- 0:17I think it points towards the fact that we've got a major
- 0:20bubble that could burst in the future.
- 0:23And I have a big piece of artwork I want to unveil to you
- 0:27later as well. But this morning, the silver
- 0:29price. Was up $0.70 per oz.
- 0:32It was moving upward and upward and upward and then then the
- 0:37comex opened and what happened? Let's run out and take a quick.
- 0:40Look, get an update here on the silver price.
- 0:43Good morning, Thank you for being here.
- 0:45Happy Friday, basement dwellers. Let's go out the pin backs.
- 0:49This was yesterday's prices and remember that was yesterday.
- 0:56Today life goes on and we will do an update here.
- 1:00OK, silver of 43 cents. We'll take it.
- 1:03Yes, gold flirting with $2700. It's going to be an interesting
- 1:10day, but let's talk about quickly here.
- 1:13Why we? Can kind of point toward the
- 1:16fact that just maybe, just maybe, the silver price is being
- 1:20manipulated because our good friend the dude gave us his
- 1:22daily update which shows us that yesterday.
- 1:27I won't sing again. I apologize for that earlier.
- 1:30Or maybe I will sing again. That was yesterday, Thursday,
- 1:35the 21st of November, the the Comex and the LBMA.
- 1:39The silver paper market traded only 400 and.
- 1:42Why is it always a 39? We'll round up 440,000,400 and
- 1:4840 million paper ounces of silver.
- 1:51Take a deep breath and realize that represents 1/2 more than
- 1:551/2. Of the world's silver mining
- 1:59output for the year so you're going to tell us that the silver
- 2:03price is not manipulated it is by definition it is by
- 2:07definition let's go out and take a look at.
- 2:09This I was looking this morning, but I got to share this because
- 2:12we don't talk about this enough. We go to the US debt clock.
- 2:16We can get an update here. The paper to silver ratio now
- 2:20sitting at 410, 21400 and 10 paper oz traded for each one
- 2:27real oz and we look at what people like the dude are showing
- 2:30us right that there's 440 million more than half of the
- 2:34year's annual mine output traded in one day I'm I'm just.
- 2:38Going to say yeah, whatever this quote UN quote price is, is not
- 2:43the real price guys. That would be like you putting
- 2:46through a a. An online order or going through
- 2:50the drive through at McDonald's and ordering a Big Mac and
- 2:53getting to the window to pick up your Big Mac and them saying,
- 2:55sorry, we don't have it. We sold, we sold that same Big
- 2:59Mac to 400 other people. And while we're here, let's take
- 3:06a quick look at the dollar to silver ratio, one of our
- 3:08favorite numbers to track. Yes, still over a thousand, 1016
- 3:14paper dollars. We'll do our update here.
- 3:18Being created for each one ounce of real, real.
- 3:23Do you know there's something more I want to show this.
- 3:25I love the US debt clock. There's one more thing we need
- 3:28to look at. Let me circle back.
- 3:31Only 1000 paper dollars. Not much different than this
- 3:36stuff, right? Huh. 1000 paper U.S. dollars
- 3:40here. Here's a real here's a real
- 3:42paper dollar being created for each one ounce of silver being
- 3:46dug out of the ground. But let's go back to the debt
- 3:48clock, because I saw something very interesting on it this
- 3:51morning. I just stayed up all night
- 3:53staring at the debt clock and that had to do with the M2 money
- 3:57supply. Look at this guys.
- 4:00This is the current M2 money supply.
- 4:03That's like the M2 is like bank accounts, money market accounts.
- 4:07It's just all the like liquidish money in the economy, $21
- 4:11trillion and growing. Remember, they're creating a
- 4:15thousand of these for each one ounce of silver that's being
- 4:18created each year. But if you look down here, USM 2
- 4:22money supply in the year 2000 was under $5 trillion.
- 4:26It was less than 25% of where it is today.
- 4:32And then what I really found shocking was this currency and
- 4:35credit derivatives, $635 trillion.
- 4:39We know the we know Baxter's pyramid.
- 4:44And I've got a solid gold little video we're going to watch
- 4:48together from a guy who's got an MBA from Harvard that's going to
- 4:50tell you in no uncertain terms that the gold price and the
- 4:54silver price are going higher. But when we look at all those
- 4:58derivatives, it reminds me. Of this let's see if I can find
- 5:02it for you real quickly I'll just put you guys on the screen
- 5:10my. Piggy Bank after four years of
- 5:13by dynamics, that's what American, the average American
- 5:16feels like. And guess what?
- 5:17It's not going to get better. Uh oh.
- 5:21Maybe I don't have it here. Well, anyway, that's you
- 5:23leaving. I was going to pull up extras.
- 5:25Pyramid. Hold on.
- 5:26I think I can do it. Stay with me here, guys.
- 5:30Stay with me. OK, Add the stage.
- 5:33There's the massive cup and handle and silver.
- 5:37Look at all these charts. A little trip down there it is.
- 5:41OK. That, my friends, is extras
- 5:43pyramid. Don't forget that $635 trillion.
- 5:47That's just part of all of this. Wait till you hear what Larry
- 5:51Leopard, Harvard MBA, one of the smartest guys in the room, had
- 5:55to say about what we have coming for the silver and gold price.
- 5:59Let's go to it right now. Hopefully we will not have any
- 6:02technical difficulties. This is, I think, one of the
- 6:07most solid gold, 3 minutes of a person speaking about the
- 6:12reality that we'll come back to that.
- 6:15OK here. This is just so you know who
- 6:16we're talking about here. This is EMA Equity Management
- 6:20Associates. This is Larry Leopard's firm.
- 6:23Let me show you, Larry. I followed this guy for years,
- 6:27Lawrence Leopard. He's Harvard educated, super
- 6:30smart guy, big advocate of gold, I believe silver as well.
- 6:35He also likes Bitcoin. We'll forgive him for that.
- 6:37The Bitcoin bubble. We don't always have to agree on
- 6:40everything. And he also puts out, if you're
- 6:43ever interested, you can come to this website, ema2.com puts out
- 6:48these quarterly newsletters that are like 10 pages long.
- 6:52But I'm telling you, you get a Harvard MBA just from reading
- 6:56them. But let's listen to what Larry
- 6:57has to say here. He's talking about the Fed.
- 7:01He's talking about how Jerome is in massive trouble.
- 7:05Guys, we are moving into an environment that is going to be
- 7:09like nothing we have ever experienced.
- 7:11Most of us. I'm 54, maybe you're a little
- 7:14older, but we are moving into the golden age, the silver age.
- 7:19And, and again, let's listen to what Larry has to say.
- 7:21And I'm going to add some commentary here as we go along.
- 7:26Here he is. Hopefully you can hear this
- 7:28Susie's on this live stream. Susie, if if people can't hear
- 7:31this, please let me know. He says we're going to get
- 7:35inflation back to 2%. He says we haven't lost control
- 7:38even though he has and the market believes him because the
- 7:42Ford swaps are at 275. OK, I'm not sure you guys can
- 7:45hear this. Let me know in the comments
- 7:48guys, if you could hear Larry talking, please.
- 7:51If not, I'll just tell you what he said.
- 7:54Hold on a second. What, sweetie?
- 7:58OK, All right. Sorry guys.
- 8:01Larry Leopard, what he said was basically the Fed is bluffing,
- 8:05OK? the Fed is up a Creek without a
- 8:09paddle right now. And when people realize what is
- 8:13going on and he said this, there's 450 trillion dollars as
- 8:20he put it in Fiat trash in the world.
- 8:24All the debt, all the made-up, all the make believe currency,
- 8:28all the everything, there's that that doesn't even count the
- 8:31derivatives, $450 trillion of Fiat trash.
- 8:36He brought up this point right. If only 10% of that money wakes
- 8:41up and people are going to wake up, and that's what he said, is
- 8:44that there's no way that the Fed is going to be able to stop the
- 8:49waves of inflation that are coming our way.
- 8:52And when your neighbors wake up, right, Wake up the neighbors.
- 8:56When the average American start to wake up, if even 10% of that
- 9:00money comes into things like gold, silver.
- 9:03And he also mentioned Bitcoin because he likes Bitcoin.
- 9:07I don't personally agree with that, but nonetheless,
- 9:09everybody's entitled to their own opinion opinions.
- 9:11And wait till you hear about this unbelievable $6 million
- 9:15banana that I think proves the crypto market is in a bubble.
- 9:19That will save that one for later when people wake up and
- 9:24start moving. Just 10%.
- 9:25That'd be $45 trillion moving into precious metals markets,
- 9:30mining stock markets that are tiny.
- 9:32It could be massive, massive increases in prices.
- 9:38For those assets. And again, it goes back to
- 9:43extras pyramid. All right, a fraction.
- 9:45Oh, and here's here's here's the reason why the big reason why
- 9:49this is fantasy is is Ron Ron's talking about $1000 silver.
- 9:54Ron's talking about $8000 gold. Ron's talking about silver
- 9:59mining stocks and gold mining stocks potentially going up by
- 10:02four 5-10 more times in value. Think about.
- 10:06This. Right, if we're talking about
- 10:08just 10% of all that Fiat trash paper money, all that we just
- 10:13saw it on the on the US debt clock, right, the M2 money
- 10:17supplies more than four times higher now than it was in the
- 10:21year in the year 2010%, just 10%.
- 10:26Guess what, the reason why we know that can happen is that
- 10:29because in 19 eighty 20%. Of the world's investable assets
- 10:34were we're in, we're in silver, gold and precious metal related
- 10:38investment. So yes, absolutely, undoubtedly
- 10:42it can happen and it will happen.
- 10:45I'll encourage you to go take a look at that, at that video with
- 10:48Larry Leppard, because he just hits it right in my opinion,
- 10:52dead spot on the head. OK.
- 10:56Now let's talk about what's going on.
- 10:57Let's get an update here on the silver and gold price.
- 10:59We've got an exciting morning, guys.
- 11:02This is big. Come on, we're going to press.
- 11:04This is the Pinbeck's magic button, right?
- 11:06You can do this yourself. You have to go to this website,
- 11:09Pi MB E x.com and press this little golden triangle.
- 11:14But that's not the only thing you can get at this website.
- 11:16You can also get like the best value going on silver, gold and
- 11:21platinum group metals at Pinbeck's.
- 11:23They're an online bullion dealer.
- 11:25They do a couple of things for you.
- 11:27They give you ultra competitive pricing.
- 11:30They give you great selection and they give you a company you
- 11:33can trust. And they give you our our group,
- 11:36Ron's Basement because they sponsor the channel.
- 11:39I worked with them before they sponsored the channel.
- 11:42You guys actually told me about them.
- 11:44So they're giving a lot to us. All I ask, never will I give you
- 11:48financial advice, investment advice.
- 11:50All I ask is if you ever decide that you want to buy some gold,
- 11:53silver, platinum group metals online and you want to get like
- 11:57the most metal for your money, just consider checking out
- 12:00Pinbacks. Now here's what we came for the
- 12:03Pinbacks magic button and come on.
- 12:07All right, Hey, Silver went up another penny.
- 12:11We're on a roll, basement dwellers.
- 12:13It's Friday morning. Gold and silver are up.
- 12:16Yes, yes, yes. Rob Keats brought up something
- 12:20very interesting on Twitter. Very simple, but this just
- 12:24totally struck a chord with me, so I want to share it with you
- 12:27here. He said those who panicked lost
- 12:30value. This market isn't finished yet.
- 12:34What's your 2025 gold price target?
- 12:37And, and there's a reason why that should strike a chord.
- 12:40Those who panicked lost value. Remember what it was like a week
- 12:44and a half ago when gold seemed like gold and silver were just
- 12:47going down, down, down. Now gold has gone up like 6 days
- 12:50in a row. Silver's doing very well.
- 12:52Let's go take a look at the silver chart, and then we're
- 12:54going to talk about why. This struck a chord with me.
- 12:59Is silver down? Hold on here, let's update this
- 13:03in the futures market. That would be weird, huh?
- 13:06That does not seem right, but none the less.
- 13:08We're up. Here we go.
- 13:10Maybe my computer's not. Here we go.
- 13:12All right, yes, silver, the December futures contract up
- 13:17$0.37. All right, let's look at A5.
- 13:20Day chart of silver and see how things have gone here over the
- 13:23last five days. Yeah.
- 13:26Well, you know we've been kind of we've been kind of hovering.
- 13:29Now let's see if we're in a let's get a six month chart on
- 13:33silver. Yeah, see we are, I think we're
- 13:35getting into another one of those descending our wedge
- 13:40pattern, triangle patterns. Let's look at a year for silver.
- 13:44Oh boy, do you see this? Let's get our crayons out and
- 13:48take a look here. I'm going to draw a couple quick
- 13:50lines for you guys. Number one.
- 13:55Number one, if we go all the way back here to February, remember
- 13:59that it was cold outside and the silver price was around $22.00.
- 14:03Look at this man. Look, charts are are are not
- 14:09like 100% prediction of what's going to happen in the future,
- 14:12but it's undeniable that there is a major uptrend in the silver
- 14:17price. Wow, wow, wow.
- 14:19Now let's get rid of that and. Let's.
- 14:24Just look at this on a little longer time frame.
- 14:28What happened to the two year They used to give us 2 year Oh,
- 14:31here we go. Hold on here, Let's look at it.
- 14:38All right, there we go. Let's look at it on A5 year time
- 14:41frame. Man, if we go all the way back
- 14:44here, that was what 2022? I mean there's just a major
- 14:51uptrend and I also believe a, you know, we're consolidating
- 14:57right now in the silver price and that will absolutely,
- 15:01absolutely change. Oh, Rob Keats, here's what it
- 15:04here. Here's the other thing to
- 15:05remember, right, the weak hands look, the last couple weeks were
- 15:08challenging. Maybe you had a challenging time
- 15:11dealing with the silver price and the gold price, but guys,
- 15:14remember this two key things any.
- 15:17Bull market. Any market that goes up doesn't
- 15:20go straight up. There are corrections after
- 15:23corrections. A couple examples from like 2009
- 15:28to 2011 when the silver price was on an absolute tear when it
- 15:33peaked out at 50 dollars, $50.00 in 2011 dollars which is
- 15:38probably like 80 or $90.00 or $100 in today's money.
- 15:42Nonetheless, during that period where silver.
- 15:45Went up, up, up, up, up. There were multiple times when
- 15:49the silver price dropped even more than the 1213% drop that we
- 15:54experienced just over the last couple weeks.
- 15:58So it's normal, normal, normal. I mean it.
- 16:02And same thing with gold, right? Remember silver went in in 2000,
- 16:07from 2001 to 2011 from under $5 to over $50 went up 10 times
- 16:14during that 10 year period. 10X not ten percent, 10 times, times
- 16:195 to 50. There were there were multiple
- 16:22occurrences where silver pulled back 14 percent, 15 percent,
- 16:2612%, just like we experienced. I know it's no fun and people
- 16:30are saying oh I'm going to give up and blah blah.
- 16:32Here's what the market is doing and it's a bull market and
- 16:36there's the same that I will slaughter for you right now that
- 16:40basically. The bull market try, it's like a
- 16:44bull rider at a rodeo. I'm from Missouri.
- 16:47You ever been to a rodeo? Honestly, I've never been to a
- 16:49rodeo. But anyway, they have bull
- 16:52riding. You've seen it right?
- 16:54These crazy guys get on these bulls and try to hang on that's
- 16:58the bull market. It's the same thing.
- 17:00The bull tries to buck as many people off as possible.
- 17:04That's made it now if we indeed are in for another 10 year bull
- 17:09market, right? I don't have a crystal ball, but
- 17:11I believe to be the case. I believe in $200 silver.
- 17:16Sorry. I believe in $100 silver.
- 17:20Sorry. You can, you can say whatever
- 17:23you want about me, right? I believe in, I believe in
- 17:27silver prices like we've never, you can't even imagine.
- 17:31OK, Anyhow, the bowl will buck up and that's normal.
- 17:36OK, that cleanses, that gets rid of the weaklings, the nervous
- 17:39nellies that are like, oh, I don't.
- 17:41I bought this. The silver used to be used to be
- 17:44worth $35.00 an ounce, and now this silver's only worth 31.
- 17:49I can't take it. I can't sleep at night.
- 17:52Oh, you need to sew. Oh.
- 17:53OK. And I'm not look, I've been
- 17:55there. I've had sleepless nights.
- 17:57I I understand, but you know what that clears out those
- 18:02people, the people that are left in the gold market, in the
- 18:06silver market, in the precious metal mining stock market are
- 18:09the are the strong hands, right. All drama aside, get rid of the
- 18:13drama Mamas and the drama. Boys, let them go.
- 18:16Let them go buy Bitcoin or or NVIDIA or whatever they want to
- 18:22buy the S&P 500 or index. OK, great, great.
- 18:27The people that are left are the.
- 18:28Strongholders, right, the real, real true believers.
- 18:33So I think that's critical for us to understand now what about
- 18:37and everybody's saying the views on the on this channel are doing
- 18:40really well. But a lot of the other silver
- 18:42and gold channels I hear complaining, saying nobody's
- 18:45like the sentiments horrible. I even think that Jesse Colombo
- 18:48guy had a post on on X the other day saying sentiments so bad the
- 18:53silver go and I'm like, I don't is it that bad?
- 18:57So I don't know. Do you think sentiment's bad?
- 18:59I don't think it's as bad as it was.
- 19:01It's certainly not good. And when it does this, is this
- 19:05guy's something? You can be super excited about,
- 19:10OK, you're going to be startled when this happens.
- 19:13What's going to it's even, it's going to shock us and it's going
- 19:16to be good for silver and gold and that's when.
- 19:19To mainstream and Larry Leppard talked about that in that video
- 19:23that I couldn't get the audio to work on anyhow when the
- 19:27mainstream comes back and guess who guess who I just want to
- 19:31briefly point this out to you is is talking about gold again and
- 19:37it would be hold on here here we go yes Yahoo Finance that's bad
- 19:45enough but the Wall Street Journal runs a headline saying
- 19:51gold futures rise shrugging off stronger dollar on safe haven
- 19:57demand OK and then of course. There's a paywall, but I'll read
- 20:03you the first paragraph. Gold was up more than 1% higher
- 20:07as safe haven demand outweighs a stronger dollar.
- 20:10FX Pro said the precious metal has returned to growth after
- 20:13nearly three weeks of declines, reversing last week's drop
- 20:17entirely. And what would it be without a
- 20:21quick visit to. We need to check on the dollar.
- 20:26This is going to be our. Friend, this Oh my gosh.
- 20:29Unbelievable guys this is crazy the US dollar index one O 7.51.
- 20:37This is insane on many, many levels.
- 20:42Wow. Let's look at a one year chart
- 20:44on this. Look at this.
- 20:46This is the highest, but significantly.
- 20:49That the dollar looks like it got the one O 6 back in what
- 20:53nature this should mean the gold and silver are completely should
- 20:58completely be in the toilet. You can see over here on the
- 21:01right hand side gives us one O 7.66.
- 21:05Unbelievable. Let's look.
- 21:08Remember this is when Jerome Powell cut rates.
- 21:12OK, when the Fed cut rates when the dollar index was at 100, the
- 21:17dollar index should have gone down.
- 21:19We are living in crazy, crazy land now.
- 21:22The reason why? The fact.
- 21:25That we're at one O 8 is reason is is reason for you to be
- 21:29celebrating right now is because we've got gold beating on the
- 21:34door of 2700. We have silver hanging in there,
- 21:37tight and strong At 31 it should.
- 21:41Be if if if if you'd shown any trader this chart right?
- 21:46And told them that the dollar was in the matter of two months
- 21:49the dollar was going to go from 100 to 108.
- 21:53They would have told you that the the gold price would be
- 21:56maybe at best 23124 hundred silver would be back $25 per oz
- 22:02and that has not happened. Now there's.
- 22:05This is this. This is so critical for you to
- 22:09understand. OK, so critical for you to
- 22:12understand. And I will show this every day
- 22:15until we we do get our 10 year bull market guys where we sit
- 22:21right now and that at this chart is it's more like up here at
- 22:27this point, OK that that's the dollar over 40 years, remember
- 22:32this. Is the only time that we were
- 22:34higher, OK, about around 2000 to 2001, 2002.
- 22:39Now this is so much fun because because from this period to this
- 22:48period, we had a bear market in the dollar.
- 22:52Oh, and that's also the same period when gold skyrocketed and
- 22:56the price of silver went from under $5 to over $50.
- 23:01I promise I won't say that again and I'll try not to show that
- 23:04chart, but that is, that is like, you know the, the, the
- 23:09jaw-dropping chart that all silver and gold investors need
- 23:15to look at. OK, let's go out and check on
- 23:18our friend the Shanghai Ghost and see what is going on.
- 23:24Nope, Nope, Nope. Yes, here we go.
- 23:27Let's check on the Shanghai Gold Exchange.
- 23:30And the only reason why I emphasize the highs because the
- 23:33price always just seems to be higher in Shanghai.
- 23:36OK, Susie doesn't like me saying Shanghai, but I.
- 23:40Just I have to say it. I'm sorry, Silver.
- 23:43Right there, OK, on the Shanghai Gold Exchange, $33.32, Wow,
- 23:51things are moving in the world. Remember, China is taking over.
- 23:55We're going to run out here to channel sponsor pin backs and
- 23:58check on the silver price of 42 cents.
- 24:03OK, So I don't know, Shanghai's up what, $2.00 an ounce more
- 24:07than us. OK, so let's shift gears.
- 24:10Let's talk about basement dwellers.
- 24:12We have a serious subject to talk about and then we're going
- 24:15to talk about the $6 million banana.
- 24:19Uh huh. This is real in the bubble, the
- 24:23potential bubble in the crypto industry.
- 24:25But first, basement dwellers, let's be sophisticated and talk
- 24:29about UBS, maybe mentioned Goldman Sachs while we're at it,
- 24:34OK, The big boys are talking about precious metals and we
- 24:37need to pay heed. They're at the club, they're
- 24:40over at the club, They're at the club talking about gold and
- 24:43silver. You know, when they start
- 24:46talking about it at the club, then eventually that will filter
- 24:50down to us as peasant men. Nonetheless, no offense anyone
- 24:58who's. Who goes to a club?
- 25:00The UBS. Who is UBS?
- 25:03USUBSUBS is the largest private bank in the world and the
- 25:10largest Swiss bank institution. They're Swiss bankers OK it has
- 25:16over 100,000 employees and operates in more than fifty
- 25:19countries, and they're known for their their discretion and
- 25:22keeping their client information private.
- 25:25What are they saying about gold? Let's go talk out and let's when
- 25:29they're. Talking about gold.
- 25:31Maybe they're talking about silver as well.
- 25:34Boy, the old computer is not cooperating this morning.
- 25:39Hopefully we still have a hopefully we're still alive.
- 25:41There we go. OK, OK.
- 25:45UBS now they're in the company that also just recently bought
- 25:49Credit Suisse. Remember, that was like a part
- 25:51of the big banking financial. Crisis that we had back like 18
- 25:55months ago. So UBS joins Goldman.
- 25:59Sorry, I yelled in the microphone.
- 26:00UBS joins Goldman and forecasting gold's rally is not
- 26:05over. And you know, that's good for
- 26:06silver as well. They say gold will rally to
- 26:10$2900.00 an ounce by the end of next year, according to UBS
- 26:15Group AG, Echoing a call from Goldman Sachs.
- 26:19Echoing a call from Citibank. Citibank has like 200 employees.
- 26:23Goldman Sachs, you know, they're the most.
- 26:26A sophisticated investment banking firm in the world.
- 26:29And now we have UBS, you know, the giant Swiss banker telling
- 26:34us $2900 gold. Let's look at why.
- 26:37Couple things I want to mention here.
- 26:40The United States red sweep, strong diversification, buying
- 26:44interest and elevated global uncertainty to continue to
- 26:48support prices gains should be driven by continued strategic.
- 26:53Gold allocations and official sector purchases in a backdrop
- 26:57of high macro volatility and persistent geopolitical risk.
- 27:02Woof. Is your head spinning?
- 27:04What they're basically saying is we got a lot of uncertainty
- 27:07coming down the down the Pike. OK, uncertainty, Goldman Sachs.
- 27:12Forecast this week that the precious metal gold would climb
- 27:15to $3000 an ounce, not to be outdone by UBS by the end of
- 27:20next year. The bullish view hinged on
- 27:22higher demand from central banks plus flows of exchange traded
- 27:26funds as the Fed cuts rates. Guys.
- 27:30We haven't beat this this There's a big reason why the
- 27:36central bank purchasing of gold is a huge deal.
- 27:41A huge deal, OK, because you can talk about crypto currencies,
- 27:46you can talk about the stock market, you can talk about Fiat
- 27:49paper money being printed, blah blah blah.
- 27:53But at the end of the day, right?
- 27:55The mothership of the world financial system are the world
- 28:01central banks. And think about this.
- 28:04I need to look you in the eye when we when we say this
- 28:06because, you know, we haven't talked about this enough lately,
- 28:10my friends, right. The world central banks are
- 28:14buying gold. Think about it.
- 28:19They're not buying crypto, They're not buying stocks.
- 28:23They're not buying dollars, not as much as they used to.
- 28:27They're not buying U.S. Treasuries.
- 28:30The world central banks are buying gold.
- 28:34And oh, by the way, Russia, right, just started buying
- 28:37silver as well. And they're kind of regarded as
- 28:40the leader of the Renegades. But we need to remember that,
- 28:44OK, that is critical. Critical.
- 28:47And it's not just because of the price of gold and the price of
- 28:50silver. It's.
- 28:52Critical to know and to remember, right?
- 28:55And I'm sorry, I apologize, I've not, I've not talked about this
- 28:58enough with you lately, but the central banks are a big, big
- 29:02deal, right? They are the insiders.
- 29:06They know the inside information.
- 29:09They know more than anybody than the hedge.
- 29:12Funds. Think of people like Warren.
- 29:14Buffett. Right or Ray Dalio, although Ray
- 29:17Dalio is pretty darn smart, but it's a big deal and we need to
- 29:20we need to at least once a week. You guys need to remind me to
- 29:23remind you to remind everybody that the central banks are still
- 29:27a big deal. UBS also flagged more by and
- 29:31then the other thing is ETFs and they're both saying that there's
- 29:34money going into the ETFs and wait when I wait till you hear
- 29:37what this guy Fred Hickey had to say.
- 29:39We'll go there next. UBS also flagged more buying
- 29:42from monetary authorities. The official sector, which tends
- 29:45to buy physical gold bars is likely to continue adding two
- 29:48reserves for diversification purposes and amid geopolitical
- 29:52tensions and sanctions. Many are we going to have World
- 29:55War Three break out this weekend?
- 29:56Some people, I guess you can say that now I don't want to get in.
- 29:59Trouble. But like mainstream media,
- 30:02people were starting to talk about World War Three.
- 30:04The Hill said that. I mean geopolitical tensions,
- 30:08many central banks, gold reserves remain small as a
- 30:12percentage of total assets. I think that's all.
- 30:16We want to talk about there. So, yeah, obviously, and this is
- 30:21not a political show or a geopolitical show, but guys,
- 30:26there's has been major escalation in Ukraine.
- 30:30It seems that our president when he's not focused on by dynamics.
- 30:36Has decided that now that his political party lost the
- 30:40election that now might be a good time to start and and
- 30:44massively escalate right the war in Russia now take a step back
- 30:51right it's it's already big enough bad enough let's just
- 30:54point out something here these missiles that are being fired
- 30:59are made in the West they're also.
- 31:03Require intelligence from the West.
- 31:07They all. I mean, I don't look, I love my
- 31:11country OK, but I'm not real fond of of, of.
- 31:15World War Three and now we have Russian President and their
- 31:19defense minister, right we're we're hearing we're hearing
- 31:22we're hearing some scary things right we're hearing in the
- 31:25mainstream media mention of. World War Three, we're also
- 31:29hearing even scarier. Nuclear so I don't want to scare
- 31:37you. I don't want to be and I'm not
- 31:39predicting, you know, and I don't want any of this, but we
- 31:42are living. In a very uncertain world right
- 31:45now, bar none, in a very scary situation that I think most
- 31:50people don't even really realize the potential severity of what
- 31:55we're looking against. Hopefully it all gets worked
- 31:58out. Now let's get back to gold and
- 31:59silver. What did Fred Hickey have to
- 32:01say? Fred Hickey's one of the top
- 32:03analysts, another one of the top respected people out there.
- 32:07He said this. We're going to skip through.
- 32:08He puts out a newsletter. This is on X Fred HTSF Hickey is
- 32:14his handle. He says something unusual has
- 32:17happened over the past five days.
- 32:19He's referring to the gold market since gold's low occurred
- 32:23on November 14th. So that was eight days ago in
- 32:27the low 25 hundreds. Gold is now rallied for five
- 32:30consecutive days. Today would make 6.
- 32:33Even as gold futures interest has continued to decline all
- 32:37five days, speculators have reduced their position.
- 32:41Which is a good. Thing while gold has rallied
- 32:44sharply that's a strange thing, right?
- 32:47They pulled back on their paper gold.
- 32:49It's not just bargain hunting overseas buyers that may have.
- 32:52Caused the sharp gold rebound to $2670 in red.
- 32:59There have been 5 consecutive days of inflows into the US
- 33:03based gold ETF, the largest gold ETF in the world, totaling 10
- 33:08tons. There have also been over 10
- 33:11tons of inflows into the IAUETF, which is the second largest gold
- 33:16ETF over the past nine days with 0 outflow days.
- 33:22Guys, there is money. Go, this is weird.
- 33:25And I've said this, I've noticed this.
- 33:28There's the speculators and the paper gold are going away.
- 33:32People are moving money into the gold ETS.
- 33:36And the third weird thing if you notice this is that there was
- 33:40this this strange phenomenon a couple days where the gold price
- 33:44was up significantly and silver was flat or down.
- 33:49OK, it doesn't make sense. And the gold to silver ratio.
- 33:52Which we'll go. Look at here in a second.
- 33:54Is just. Is just pretty much exploded
- 33:57again. Conclusion.
- 33:59OK this is his conclusion. I was planning to wait for the
- 34:02mid-december seasonality to kick in which is the best gold demand
- 34:06period of the year like mid-december through the end of
- 34:08the year to the end of February before putting my cash pile back
- 34:12to work. Now I'm reconsidering.
- 34:14I hope to have he has a newsletter.
- 34:16I hope to have the answer in my upcoming HTS December letter.
- 34:20I've decided in the if I've decided in the affirmative, I
- 34:23may accelerate the publishing date to just after Thanksgiving
- 34:27rather than the usual first week of December.
- 34:31OK, Fred, very interesting. So, so weirdness, right?
- 34:37Big money speculators are moving out of the electronic gold
- 34:41market. But we're getting big inflows
- 34:45into the gold ETF and I don't forget Bill Streibel of Blue
- 34:49Line Futures pointed this out right after the first Fed rate
- 34:52cut that typically about 30 days if I remember this correctly
- 34:56after the first rate. Cut is when we start to see big
- 35:00inflows developing within the ETFs.
- 35:03Everybody take a little break with me and have a sip of
- 35:05coffee. I forgot to tell you the most
- 35:11important thing. Thank you, guys.
- 35:12We got 600 people on a Friday morning.
- 35:15Thank you for being here. Thank you for being part of the
- 35:17basement. You.
- 35:18Yes, you. You're important.
- 35:20You're smart, you're loved by many, and you're part of this
- 35:23group. You're part of the tribe.
- 35:25I hope you subscribe. Hey, What?
- 35:28What? My friend Jim.
- 35:30Thank you. Wow.
- 35:32I got a crazy big super chat. Thank you.
- 35:35Merry New Year. Yes, thank you.
- 35:39And Susie and I are having our 20th anniversary.
- 35:41Wow, I don't know what to say, but thank you for the support,
- 35:44guys. Thank you for that massive super
- 35:46chat. I am blown away yet again.
- 35:50OK, the weirdness is I just really believe that we are in
- 35:54good shape within this gold and silver market.
- 35:57We are going to talk about the $6 million banana, OK, but but I
- 36:03want to go, I want to take a look at the gold to silver
- 36:05ratio. Let's go out the pin backs.
- 36:07We'll get an. Update and we'll calculate
- 36:09together. Thank you for the Super chat.
- 36:13Very much appreciated. Super appreciated.
- 36:16OK, let's do an update and then let's calculate.
- 36:19I'll do it here. The the gold to silver ratio is
- 36:23getting out of hand. How many ounces of silver does
- 36:27it take? So we'll divide 2700.
- 36:31Divided by 31.25. OK guys, look at this.
- 36:38This is. Crazy.
- 36:39I have to ask you a question. OK, that that was live.
- 36:45Can you see that 86.4 we divided the gold price by the silver
- 36:51price. That means that if you want to
- 36:54trade right this, I don't have any gold after that big nice,
- 36:59generous super chat, maybe I'll get some.
- 37:02If you want to trade this for gold, you're going to have to
- 37:06take 86 of these to get one ounce of gold.
- 37:11I mean look, I love gold. I'm not putting gold down here.
- 37:15There's a whole here's a tube of those you're going to take four
- 37:19of these. That's a tube of American Silver
- 37:22Eagles. And then.
- 37:23Six more, so four of these 1234 and six of these more to get one
- 37:33ounce of gold. It's out of control.
- 37:36And look, I love gold and I'm all for gold going higher and
- 37:39higher and higher, but the silver price has a lot of
- 37:42catching up to do. Remember, historically speaking,
- 37:44the reason why we want to keep an eye on this gold to silver
- 37:48ratio, historically speaking, it's average recent history.
- 37:53We're talking about the last hundred 200 years, maybe in the
- 37:56last 50 years at around 50. Here, let's do the math.
- 38:01Let's do the math quickly. So if we have $2700 gold, OK,
- 38:07and we divided by 50, Oh my gosh, is that right equals 54,
- 38:15we would have 54 or I'll put it back up there for a 2700 / 50
- 38:242700. Dollar gold price divided by a
- 38:2850 to one gold to silver ratio, we would have $54 silver right
- 38:35now. I'm sorry, you know, and, and
- 38:39oh, oh, that's I know, right. I understand.
- 38:42You're going to call me a silver pumper, A gold pumper.
- 38:45I don't know. You know, could we get to $54
- 38:49silver soon? I believe we could.
- 38:51Could we get to $100 silver soon?
- 38:53I believe I had a great talk yesterday with Gary Thompson.
- 38:58He's the CEO of a new silver company, Silver Silver 47.
- 39:04OK, they have a big project up in Canada or I'm sorry, Alaska.
- 39:08He talked about the fact he believes that we could see
- 39:11triple digits over. It's not out of the question
- 39:13because what about Bitcoin, $100,000 Bitcoin.
- 39:17And to make it even crazier, this is we are living.
- 39:20We are living right now in what I would call a Fiat.
- 39:25Fiat paper, right? Paper dollar Fiat.
- 39:28Pat Holland, thanks for being here.
- 39:30Good to see you. I saw your tweet and I talked
- 39:32about it yesterday during my live stream that the
- 39:34legislation's getting getting rolling in Missouri to bring
- 39:38gold and silver. Back as legal tender
- 39:40legislation. If you want to learn more, you
- 39:42can go to mofree.org and talk with Pat, sign up for his
- 39:47newsletter. All that great stuff.
- 39:49We'll have Pat on the show here real soon, but we are living Pat
- 39:53Holland for the Missouri Freedom initiative.
- 39:55We're living in a Fiat right paper.
- 39:58What else? Debt and I believe crypto bubble
- 40:01because now they're using Tether.
- 40:02I don't even understand it. It's crazy.
- 40:05But what? What proves?
- 40:06It to me is this you can sit down because this this I think
- 40:10proves that we are in a A and and now it seems like everybody
- 40:14I know is talking about crypto. Are we having the shoeshine boy
- 40:17moment with crypto? I know Bitcoin exploded after
- 40:21Trump got elected, blah, blah, blah.
- 40:23What? Whatever, right?
- 40:24But it feels like everybody, you know is like I, I don't, I'm,
- 40:30I'm, I'm not anti crypto, but I just feel like maybe we're in a
- 40:34bubble. And when I saw this article, I
- 40:38have to admit this, this, this to me feels like a potential
- 40:43shoe. Crypto investor pays $6 million
- 40:48for a banana and plans to eat it.
- 40:52OK, crypto investor Justin Soon paid $6.2 million for a banana
- 41:00duct taped to a wall. OK Sotheby's auctioned off the
- 41:05infamous piece of work titled Comedian, created by Italian
- 41:08artist and cultural prankster Maurizio.
- 41:10Catalan son will get This is what he gets a roll of duct tape
- 41:16instructions on how to install the banana and he gets a
- 41:20certificate of authenticity guaranteeing it as an original
- 41:25work. But the banana is not included
- 41:28since it will rot. We're going to come back to
- 41:31this, but I want to give you a visual of what is going on right
- 41:34now in our world, in our Fiat make believe that base world.
- 41:38Hold on just one second. And then I have a a piece of
- 41:40work that I'm going to be auctioning off up until
- 41:44Thanksgiving at 10:00 AM myself for the crypto community.
- 41:48But hold on one second. This is what the crypto guy paid
- 41:54$6.2 million for. A banana, OK, and some duct
- 42:00tape. This duct tape, I'll give him a
- 42:02free plug, comes from our friends at ALDI.
- 42:04It's been sitting down here in the basement for a while.
- 42:07Anyway, 6.2 million US paper Unicorn fart dust dollars for
- 42:13this. And some instructions and a
- 42:16certificate of authenticity. So you're going to tell me we
- 42:20aren't living in a fantasy world right now?
- 42:23I mean, I'll duct tape anything, anything, including anything on
- 42:27my body to the wall for $6 million.
- 42:31I mean, come on, man. Let's get back to this article
- 42:34because this is just insane. Let me just.
- 42:39Read here. Here's a picture.
- 42:41There's a picture. OK.
- 42:43I mean, this is real. This is happening in our world
- 42:47right now. This.
- 42:50OK, here we go. There's another close up picture
- 42:55of it if you want to do it. You know you could probably do
- 42:58that for yourself if you like, OK.
- 43:01But here's what he said. He said this is not just an
- 43:03artwork, it represents a cultural phenomena that bridges
- 43:07the worlds of art, memes, and cryptocurrency community.
- 43:12I believe this piece will inspire more thought and
- 43:14discussion in the future and will become a part of history.
- 43:19I'm honored to be the proud owner of this iconic work and
- 43:22look forward to it, sparking further inspiration and impact
- 43:26for art enthusiasts around the world.
- 43:28No, Jason, you just paid. $6 million for this, some duct tape
- 43:34and a banana. And you, my friend, like I want
- 43:38you to think about something Jason soon.
- 43:41That's $6 million. You could have done a lot of
- 43:43good with it. You could have bought, you could
- 43:45have built like 60 nice houses for homeless people or done
- 43:50something. But no, you bought a banana
- 43:52with. Duct tape.
- 43:52So I have my own piece of crypto art that I know and I'm not.
- 43:57I'm going to auction it off. The auction ends on Thanksgiving
- 44:00morning at 10. AMI will hand it over to
- 44:03Sotheby's if the if the bid price gets above $10 million.
- 44:08Otherwise, I'm going to handle it on my own.
- 44:09But this is for the crypto community, OK?
- 44:12And I call this, hold on, I'll grab it.
- 44:15Was up all night working on this.
- 44:21Here it is the big unveiling. OK, this is called the only
- 44:27Bitcoin bubble, and I will include a certificate of
- 44:31authenticity with this as well. This is for all the people who
- 44:36said Bitcoin's a bubble. So if it's a, if it's a crypto
- 44:39billionaire, they can keep this in their office.
- 44:42And when Bitcoin goes to $13 million like Michael Saylor says
- 44:46it is, they can keep this and laugh and look at it and think,
- 44:49oh, I remember when people said Bitcoin was a bubble.
- 44:52It's a Bitcoin bubble gum dispenser.
- 44:56And again, the bidding on this will start at $6.3 million and
- 45:01the bidding will wrap up on the dot at 10:00 AM on on
- 45:08Thanksgiving morning. And and again I will hand this.
- 45:10Over to Sotheby's as the once the price gets above $10
- 45:17million, I mean are. You kidding me?
- 45:20Are you kidding me? It's unbelievable.
- 45:22OK, now let's go back. Let's talk about we haven't
- 45:24talked about CBD, CS and digital money.
- 45:27Are we heading towards a digital currency environment?
- 45:31Guys, cash is going away. You know, I mean, like we all,
- 45:35I, I know your, you got your life.
- 45:37I got my life. We deal with stuff and, you
- 45:39know, but you, you get bombarded with emails from your health
- 45:44insurance company and your, and they always, they always stink,
- 45:48right? Like I get, ours is mine's Cigna
- 45:51and I'll see something from Cigna and I'll be like, oh God,
- 45:54it's never like, hey, we got good news.
- 45:56We owe you $100. It's always a bill or something.
- 45:59It's like, it's crazy. OK, you get these emails.
- 46:02I got one yesterday from my, I guess the doctor's office, the
- 46:06health group and and again more. Proof.
- 46:10I'm going to show you this quickly or prove that we are
- 46:13moving. We know like Major League
- 46:16Baseball is moving away like a baseball stadiums, you can't use
- 46:20cash anymore. We know of places like Six
- 46:22Flags. The list grows and grows.
- 46:24This is I took a screenshot. This is my personal health
- 46:27information here from my doctor's group.
- 46:30Effective November 25th, BJC Medical Group Practices
- 46:34implemented a cashless payment system.
- 46:37To collect co-pays for your convenience.
- 46:40You can submit your payment prior to your appointment via my
- 46:43chart and E check in if you prefer.
- 46:45If you prefer to pay the day of your visit, we accept debit
- 46:48cards, credit cards, Apple Pay. If you do not bring a credit or
- 46:51debit card, a statement will be sent to you, blah blah blah.
- 46:54We understand that not everyone is comfortable with electronic
- 46:57payments. Yes, right, we're not.
- 47:00If you have any concerns or need assistance setting up a payment
- 47:03method or have inquiries, blah blah blah.
- 47:06The point here guys, is it's happening.
- 47:10It's happening in real time right now.
- 47:14And if the government really doesn't even have to like shove
- 47:19it down our throats, I don't think we're going to have cash.
- 47:22I don't think that this stuff right is going to be around 5
- 47:26years from now. I'm sorry.
- 47:28I think that I think that not only cowbell.
- 47:31OK, thank you, Susie. I'll ring the cowbell one
- 47:33second. It's, it's like the, it's like
- 47:36every it's, it's the businesses are doing it on their own.
- 47:40OK. And on top of that, people are
- 47:44doing it on their own. Most young people I know don't
- 47:46carry cash around anymore. We are going to a completely
- 47:50electronic. World and the next step from
- 47:52that will likely be some attempt, right?
- 47:55They've got the plumbing in place to get us on to some type
- 47:57of CBDC arrangement. I don't think it's good.
- 48:02I do think though, as the reason why is a silver and gold
- 48:06investor. I know we're very anti CBDC in
- 48:10general, very much against like the cashless society.
- 48:15But guys, when we go completely electronic, when money goes
- 48:19completely electronic, yes. Everything will be tracked.
- 48:23Yes, Big Brother will be watching.
- 48:25Think about it. What's the only thing left right
- 48:29that that will offer you? A hint or it?
- 48:33Not just a hint, but really true financial privacy.
- 48:37Where'd it go? Not this.
- 48:39Not a duct tape and a banana. 6,000,000.
- 48:41Yeah, I'll sell you. Look, I'll send you this for
- 48:44$6000. Where'd it go?
- 48:48Well, here. This this stuff will offer you
- 48:53financial privacy in the eyes right in the reality, the new
- 48:57reality when everything is electronic, even if we don't go
- 49:01to a official CBDC, if all dollars are now electronic,
- 49:06everything will be tracked. And for people that want any
- 49:08form of financial privacy, only silver and only gold are going
- 49:12to offer that, you know, and then if we segue that into what
- 49:16our friend Pat Holland with the Missouri Freedom Initiatives
- 49:20working on. But Daniel Diaz with the
- 49:22Citizens for Sound Money that are trying to, to, to, to
- 49:26advance this legislation, not just in Missouri, but in a lot
- 49:31of other states around the country as well, to legally
- 49:35ensure that citizens of the states that get these laws are
- 49:40able to use gold and silver as legal tender, right, right.
- 49:44That's why it's so important. But.
- 49:48When we, when we talk about silver and gold specific to this
- 49:52move to complete electronic money, right, silver and gold I
- 49:57think are going to be massive, massive beneficiaries.
- 50:00All right, guys, thanks for being here.
- 50:02Let's go, Let's go. Hold on here.
- 50:04I got bananas everywhere. Things are going nuts this
- 50:07morning. Oh, cowbell.
- 50:09Sorry. Thank you, Susie.
- 50:13That's for all the basement dwellers.
- 50:15Old school. Let's go check the.
- 50:18Let's go check the silver, make sure I got the right thing up
- 50:22here, I do OK, let's go do an update come on, take your blood
- 50:27pressure medicine and OK. Gold is above $2700 per oz
- 50:34Silver 3126. I want to say thank you to
- 50:38channel sponsors. The first mining gold, Canadian
- 50:43gold developer. If you want gold in the ground
- 50:45in Canada, that's what they have two development stage projects,
- 50:49so they're working through the permitting process where they
- 50:51have multi million ounce deposits in Canada, one in Q1 in
- 50:55Ontario. You can learn more about them at
- 50:57firstmininggold.com. Fortuna Mining has been doing so
- 51:01great this year. They're an active mining
- 51:03company. They mine silver and gold in
- 51:06Latin America and they have an expanding gold mining operations
- 51:12in West Africa. You can learn more about them at
- 51:15Fortuna mining.com. Don't forget channel sponsor pin
- 51:18backs if you want to get some silver, gold or platinum.
- 51:21And of course, Dirty Man see it. Hang in there, dirty man.
- 51:25Safe, dirty man. Let me show you real quickly if
- 51:30you buy the six $6 million banana.
- 51:35Right, you can bury it in your backyard like the Pirates.
- 51:39Did. Right there it is, dirty man
- 51:41Safe. You can bury it in your backyard
- 51:45like the pirates did. Safe from flood, fire, anything
- 51:48else. I'm telling you, I got a.
- 51:50Thing for this little safe. I really like it.
- 51:53There's there's the Unicorn. Don't put Unicorn fart dust in
- 51:56this. Put silver and gold in this.
- 51:59There is a discount code if you decide to get one for yourself.
- 52:03I think it's a good Christmas idea.
- 52:06Right, for a stacker, just an idea.
- 52:08Somebody's hard to get a gift for Ron 10, Ron 10.
- 52:14And here let's show you the I want to show you real quickly.
- 52:18Just a couple quick pictures of it slides.
- 52:23There we go, Dirty man. OK, there you go.
- 52:26Dirty man. Safe.com 10% off Code Ron 10.
- 52:30Right there it is that it comes with the sleeve and the cap and
- 52:33the safe. Dig a hole, put the sleeve in,
- 52:37slide that down in there, put the cap on top, cover it up and
- 52:41boom, when you need it, you just dig it right back up.
- 52:45I don't know, I think they're cool.
- 52:48All right, guys, let me. How do I get back to you?
- 52:51There we go. What did I forget?
- 52:53Did I forget anything? Have a great weekend.
- 52:56Hopefully I'll see you guys over the weekend.
- 52:58Let's go gold, let's go silver. And you know what?
- 53:02Hey, we'll go a little. Extra today I want to say hi to
- 53:05everybody. Tell me tell me your type, your
- 53:08first name in the comments section and I'll see if I can
- 53:11say all the first names. It starts moving fast.
- 53:14So thank you, O Lee Sheet. I can't believe I said that.
- 53:21Pop, Pop off. Hello.
- 53:23Take care all. Thank you, Jackie.
- 53:25Jim. Good to see you, Jim.
- 53:26Jim, thank you again for that super chat.
- 53:29Super appreciated. OK, Mick, Mark, Pop.
- 53:32Dude. Nick, Patrick, Patrick.
- 53:35Lol. Terry.
- 53:38Yeah, there you got me. Holy Terry.
- 53:40Texas. Hey, Jake.
- 53:42Jake from Texas. Jake's custom parts of me Hoff.
- 53:45Brad, are you guys quilt? James wow, look at all you guys
- 53:50from everywhere whole Annie Oakley, thank you for
- 53:54moderating. Jake from Jake's Custom Parts.
- 53:57Thank you for moderating. Susie, the my lovely talented
- 54:01wife and Co partner, whatever you want to call it.
- 54:04Thank you. Beverly from Canada.
- 54:06Got to go. Have a good day.
- 54:08See you Todd. See you Jake that guys look at
- 54:10that Roy's here. Georgia South Georgia little
- 54:14little penny. Thank you again, Jim.
- 54:17Wow. All right, guys.
- 54:20Todd, Todd, Paulie, good to see you, man.
- 54:23Look at all these Titusville, FL man, people just from
- 54:28everywhere. We are all spread out Alaska,
- 54:31man. George.
- 54:32Good to see you Ray, from Indonesia, all over the world.
- 54:36Manchester, United Kingdom. Mr. Holy, you got me on that
- 54:43one, brother Miami. Yeah, yeah, yeah.
- 54:47And don't forget, guys, tell all your billionaire crypto friends
- 54:50that were auctioning off this wonderful piece of art they only
- 54:55have until Thanksgiving morning. It's the Bitcoin bubble gum
- 55:00dispenser. And, oh, it comes with four
- 55:02pennies. OK, I don't know if you can see
- 55:05that down there. There's 4 pennies.
- 55:07And maybe they'll make a dirty man safe that's big enough to
- 55:10bury that thing. All right, guys, have a great
- 55:13day. OK.
- 55:14Thank you for being here. Thanks for being part of the
- 55:16basement. Thanks to the moderators.
- 55:18I'll see you soon. Bye.
- 55:19Bye.