Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **Big SILVER Story!** 🦍🦍 (listen closely) - Hear THE NEW Precious Metals reality
Transcript
- 0:00Silver and gold market, massive developments, things are
- 0:04evolving at the speed of sound. We've got a lot of reasons and
- 0:08examples that together we are going to look at today that I
- 0:12believe and I think you will believe also indicate to us that
- 0:16we are in for more great times ahead within the precious metals
- 0:20markets. Thank you for joining me here
- 0:22today. Thanks for giving your time.
- 0:23Please subscribe to the channel, give the video a thumbs up,
- 0:26leave a comment so we can learn from you, but let's dig into
- 0:30what is going on, guys. There are so many examples, so
- 0:33many pieces that we can look at the macro, the micro, the
- 0:36retail, the industrial, the monetary issues that again, when
- 0:41we put it all together and we'll do that, we can see a bright
- 0:45future for the precious metals. Thanks again for joining me down
- 0:49here. Let's start with some shocking.
- 0:51I mean absolutely I'm going to shock you right off the bat when
- 0:55it comes to what's going on in the silver market in particular.
- 0:59We have two pieces. This is 1 and then we got
- 1:02another one from Josh Phillip Fair.
- 1:04Who is he? He is the founder and chief
- 1:07executive officer of Scottsdale met.
- 1:10Get a load of this. He put this out first reason
- 1:13I've been so quiet since my 850,000 view post on Sunday.
- 1:19People are watching silver and gold.
- 1:21Almost a million people read his post from Sunday.
- 1:25He said he's been incredibly busy with my teams.
- 1:27Now, again, he runs a met that's sells silver both on the retail
- 1:32side and as a wholesaler. Wholesalers and most consumer
- 1:37direct shops of retail silver product are now sold out
- 1:42worldwide. More details to come.
- 1:46What does it mean when we have this massive silver frenzy and
- 1:50he's telling us on a worldwide basis?
- 1:53Well, wait until you hear what he had to say next.
- 1:57This is almost unbelievable, but we we do you believe in OK, here
- 2:01it is silver update from Scottsdale met October of last
- 2:06year was the busiest month of the entire year.
- 2:11So October of last year was their busiest month of the year.
- 2:16But in just four trading days into January, we've already
- 2:21surpassed that. Wait a minute, we're talking
- 2:24about we're talking about a tsunami of demand for silver.
- 2:31October of last year was the busiest month of the year for
- 2:35Scottsdale met the entire month of October.
- 2:38So far, the first four trading days of 2026, they've already
- 2:44surpassed what they did in their busiest month of last year.
- 2:48Guys, let's put this together, right?
- 2:50Look, and, and, and what's that? Oh, I thought Susie said
- 2:54something. Sorry, I'm hearing things.
- 2:58Silver's going OK anyway, that's big.
- 3:01It's a big sign that the retail wave is coming.
- 3:04The overall demand for minted products is coming.
- 3:08And that can be a turbo button to the overall silver price.
- 3:11Absolutely no doubt about it. We're hearing from all the big
- 3:15major, but I won't bore you with going out to all their sites,
- 3:17but all the big the big name bullion sellers have bright red
- 3:23messages across the top of their web pages saying shipping delays
- 3:28due to unprecedented demand for metal.
- 3:32Expect a one week expect I've heard some as far as five weeks
- 3:36out now shipping delays. It's happening.
- 3:39And we talked about why that you know why that's so important.
- 3:42And we've talked about this for years.
- 3:43Basement dwellers, right? We're, we're now the situation
- 3:48we're in now in this market compared to the silver markets
- 3:52of let's say 2011 even, but especially 1980.
- 3:57The other times when silver hit nominal highs is that now people
- 4:01can buy silver and gold online and they can buy it so much
- 4:05quicker. So things information spreads
- 4:08quicker like we're doing here down in the basement.
- 4:11Again, thank you for being here. But also, people can buy silver,
- 4:15make a purchase in 1980, if you silver, you had to hop in the
- 4:19woody wagon, drive all the way to the coin store, wait in line
- 4:23and buy yourself some silver or gold today.
- 4:27Heck, we could buy, you know, if we could find some and there is
- 4:30some out there still, I did look, there's some right?
- 4:33But we could buy silver lickety split in 5 minutes.
- 4:36So it's a big deal when we start to see it's a big like on the
- 4:40street type indicator when all the big bullion dealers are
- 4:44reporting shipping delays and a lot of them are out of a lot of
- 4:49their silver products as well. OK, Reports from coin shops.
- 4:52I've been talking to people in the, on the, on the on the
- 4:55street, real physical coin shops are that there's a big shift
- 4:59that's gone on, two big shifts #1 people are not selling metal
- 5:05now. It's shifted to more buying.
- 5:07If you remember like 6 weeks, 8 weeks ago, all the people, all
- 5:11the contacts were telling us that the people were selling
- 5:15silver, like some people said, 10 sellers to one buyer.
- 5:18Now that dynamic has shifted and we've got more buyers and less
- 5:23silvers sellers, silver sellers. Sorry, forgot that word to add
- 5:28in there. So, and, and, and we know this
- 5:31as well, Rick Rule says it all the time.
- 5:33For some reason, people, really people don't like to buy silver
- 5:37when it's on sale. I hope you did.
- 5:39I hope you got some silver at 2535, even 40 or $50.00, but
- 5:44that when the price goes up, people don't jump in.
- 5:46Oh, and yes, I know the price of silver's down today.
- 5:49We're going to talk about that as well, but that's not the big
- 5:52picture. These daily movements are not
- 5:54the big picture. We're talking about the big
- 5:57picture issues that we need to be focused on.
- 6:01Oh, the other interesting thing that I'm hearing from contacts
- 6:05is that also now more, not only are more people buying metal
- 6:09than selling metal, but also they're buying more silver than
- 6:13they are gold. Couple months ago it was also
- 6:16purchases were mostly gold. Now we're getting more silver
- 6:20buyers as well. What do we hear from Bullion
- 6:23Star? Let's go check.
- 6:24This is incredible. Bullion Star is like a major, if
- 6:28not the major, the bullion dealer in Singapore.
- 6:33They call themselves the premier.
- 6:35Singapore's massive in precious metals.
- 6:37This is hot off the presses from this morning.
- 6:42Hold on here. Hold on.
- 6:45I think I forgot to share the screen.
- 6:47I did. Now you see it.
- 6:49Sorry about that guys, Bullion Star says from Singapore.
- 6:53Silver demand is an absolute OverDrive at Bullion Star.
- 6:57Sales have exploded from a 5050 split on Monday to silver now
- 7:03out selling gold by almost 3 to 1.
- 7:06Global supply chains are seizing up and physical stock is
- 7:11becoming a rarity elsewhere. What about the price on Tuesday?
- 7:15Let's let's talk about manipulation.
- 7:17Critical for us to realize that the price of excuse me has been
- 7:24manipulated for decades. And we got some interesting
- 7:26insights. This one came from Larry
- 7:30Leopard, one of the most respected names out there in the
- 7:34silver and gold world. And he shared this.
- 7:37So on Tuesday, but today's Thursday, on Tuesday evening,
- 7:42there was a big dump. A lot of people are claiming
- 7:45manipulation. We're going to show that the the
- 7:47the evidence here, OK. But that was on Tuesday night
- 7:51when the silver price got hammered.
- 7:54Larry says this dump 50 million paper ounces, 8% of annual
- 8:02production in 30 minutes when trading is thin again, this was
- 8:06on Tuesday night. Sure the game is ending boys.
- 8:09People want the metal, not the paper.
- 8:12And this was in response to a post here from Peter Spina from
- 8:16gold seek. He said in one hour silver spot
- 8:18price chart to show the price smash in two phases.
- 8:22The first wave they they sold 30 million digital oz Fantasy
- 8:27Island Silver over 15 minutes. It's the second wave, another 20
- 8:31million paper oz traded over another 15 minute period.
- 8:35So here you can see it on this chart that Mister Spina
- 8:38highlighted for us, the 30 million paper oz dump.
- 8:42In the 20 million paper oz dump, all of that occurs over the
- 8:47course of a 30 minute period. And that's equal to almost 10%
- 8:53of the entire annual, well, 8%, let's be accurate, 8% of the
- 8:58world's entire annual mine output.
- 9:01It's crazy. And then again, we can go, let's
- 9:04watch us get an update on, on the, on the paper markets from
- 9:07our friend the dude. More evidence, right?
- 9:10The silver market traded 878,000,000 paper oz yesterday.
- 9:16That's the equivalent of an entire 365 day a year output
- 9:22from the mining sector. This is paper.
- 9:25This is a manipulation at its greatest.
- 9:29I mean, how in the world can they trade at the Comex right?
- 9:34In one day, the equivalent, one day, the equivalent of an entire
- 9:38year's output. I know I say it every time we go
- 9:40live, but we can't hear it enough.
- 9:42It's proof to us that the paper price is not real, and we got
- 9:47more proof. We're going to look at some
- 9:48charts. We're going to look at all kinds
- 9:50of stuff because there's so much happening right now.
- 9:54But let's go to the silver billionaire, David Bateman, the
- 9:57guy that owns over 13 million ounces of physical silver.
- 10:01Super smart guy. See, a super chat came through
- 10:04there. Hello, Matthew Mazur.
- 10:06Thank you. All right.
- 10:08Oh, yeah, I'm going to touch on that.
- 10:10I'm going to pull his what's going on in the United Arab
- 10:13Emirates as well. But before we do that, we'll go
- 10:15on a little side trip to Mr. Bateman.
- 10:18Who had something kind of funny to say, but true Bateman said
- 10:23this He said now that there's no silver left, I guess we'll just
- 10:30have to buy the silver miners. And hey, look, I'm not a
- 10:33financial advisor, you know that I own some silver mining stocks.
- 10:37But he's got a great point, right?
- 10:38Like if you can't actually buy the physical metal anymore and
- 10:43it's almost getting to that point, really the next best
- 10:46thing is to buy the silver miners who have a bunch of
- 10:50silver in the ground. What are your other options,
- 10:52right? Are you going to buy?
- 10:54Are you going to buy futures contracts, make believe silver?
- 10:56No, right. So very interesting, very
- 11:00insight. Speaking of physical silver, I
- 11:03do want to say thank you to channel right there, right?
- 11:05My finger is channel sponsor First Mint right there, a silver
- 11:10mint located in Las Vegas, NV. They've got a great selection of
- 11:14products. They're owned by First Majestic.
- 11:16So the silver you get from First Mint is the freshest on the
- 11:19market market, right? First Majestic mines the silver
- 11:23in Mexico, sends it to Nevada, Las Vegas, NV to 1st Mint where
- 11:28it's transformed into these world class silver bullion
- 11:31products and then they go straight to you.
- 11:33That last data point we looked at 878,000,000 paper oz.
- 11:38They aren't touching the silver from First Mint.
- 11:41It literally goes from the mine to the mint to you check them
- 11:46out at first mint.com. You pull up their website here
- 11:49for you so you can see where to go first. mint.com, there's
- 11:54their store. They have bars, rounds and a
- 11:57Folds of Honor campaign that you can check out as well and free
- 12:00shipping on orders over $299. And it looks like they are due
- 12:05to high sales volume their, their shipping is delayed only 5
- 12:09to 10 business days, which is generally what we are seeing at
- 12:14minimum. That's actually a pretty short
- 12:16window across the entire retail bullion sector.
- 12:21So thank you. First meant for sponsoring Ron's
- 12:23basement man, we got a lot going on.
- 12:25Let's look at some charts. We're going to look at what
- 12:27Rashad says. We're going to look at what a
- 12:29very interesting projection or scenario laid out by Jesse
- 12:34Colombo from the Bubble Bubble Report.
- 12:36But let's go to Rashad first, who shares this with us, which
- 12:41is Nope, here we go. Hold on, we're almost there
- 12:45guys. Nope, wrong one and all right,
- 12:49here we are. Rashad, who I'd love to follow,
- 12:52brings this up. OK, some profit taking and
- 12:55silver pushed the price lower after it tested all time highs
- 12:58overnight. In fact, I'm glad that the
- 13:01silver corrected is it needs to pause and consolidate its recent
- 13:05games around 7:00 and you're right.
- 13:08Thank you, Susie upstairs, Susie, save the day.
- 13:11Well, you heard what I said. I'll just keep reading, then
- 13:13we'll look at the chart to pause and consolidate around 75 to $80
- 13:19before it pushes to my first major target of $96.00.
- 13:24So look at that trend line. This is a short term graph, but
- 13:28look at that trend line that we still have intact for silver.
- 13:32The big key number that all the tech analysts are talking about
- 13:36is around $70 around this area right here, right?
- 13:40If we go below that, which will not be the end of the world, we
- 13:44may go a little bit lower, but if we bounce off that, it could
- 13:49provide us with the the platform that we are needing right now to
- 13:54push even higher as we head into 2026 with the silver price.
- 13:58Now let's look at a different time frame from Rashad.
- 14:04He says once the sell off in silver is over, I expect
- 14:08resolution to the upside toward my $96 target.
- 14:11So a little bit longer time frame here.
- 14:13But what you see those the the two sections with the 2 back
- 14:17black lines are wedge patterns, OK.
- 14:20And again, what he's expecting and again that this is kind of
- 14:25the bounce zone that he highlights on this should be
- 14:28maybe a little bit lower. But nonetheless that that we
- 14:31will break out of those wedge patterns.
- 14:33And if it's to the upside guys, it is off to the races because
- 14:38as we consolidate, right, there's two key things that we
- 14:42want to talk about right now. What's going on with the chart
- 14:44on silver? Number one, we're consolidating,
- 14:47OK? It's very critical.
- 14:50It's a normal healthy thing to have happen in a market.
- 14:53Nothing goes straight up forever, OK?
- 14:55It's true. Look at the look at the price of
- 14:58Amazon stock over the last 10 years, Apple stock, anything
- 15:01stocks, commodities, anything that's in a bull market, it goes
- 15:05up over time, but it does not go up in a straight line.
- 15:08Actually, we've been pretty spoiled over the last what, 6-9
- 15:12months with silver. It's pretty much been a real
- 15:15steady increase. There's been some periods of
- 15:18consolidation like when around October, November of last year.
- 15:21Even if we consolidate, if we look, here's the good news.
- 15:25If we consolidate around the 7075 range that provides, I mean
- 15:31Can you believe it, that provides like a massive platform
- 15:34to move higher in. The critical thing for us to
- 15:38remember is there is not much overhead resistance.
- 15:41Next we're going to look at what Jesse Colombo's talking about
- 15:44like a key number to get through.
- 15:46But the reality is not a lot of us bought silver at $80 per oz.
- 15:52Not a lot of people out there are sitting around saying when
- 15:54silver hits, don't worry, honey, I know I spent the, you know,
- 15:58the, the, the college fund on $80 silver.
- 16:02And when it gets back to 80, I'm going to sell, I'm going to get
- 16:05my Fiat back. Those are the short timers and
- 16:08there's very, very few of them. The reality is very simple, OK?
- 16:14There's, there's not a lot of overhead resistance and when
- 16:18things hit a high mark anything stocks, bonds, mutual funds,
- 16:21gold, silver, oil. When things hit a new all time
- 16:24high, they typically it doesn't just happen once, OK, it
- 16:29happens, it happens. And we've been seeing that and
- 16:31silver and I believe the odds are over a longer period of time
- 16:36and I'm talking like 6 months to a year that we will continue to
- 16:40see more and more higher, higher highs.
- 16:43OK, let's go to Jesse Columbo then.
- 16:46We're going to talk about something going on in China,
- 16:49United Arab Emirates, and there's a lot for us to cover,
- 16:53but first let's go. Oh yeah, this is great.
- 16:57Jesse Columbo from the Bubble Bubble Report sub Stack put this
- 17:02out despite make sure you're on the right screen, which you are.
- 17:06Despite recent volatility in both directions, There's a good
- 17:11chance that Silver will gun for $100 soon, but confirmation is
- 17:19needed through a decisive high volume breakout above the $83
- 17:24resistance level. So what he's talking about here
- 17:28on this chart, you can see in blue he has the $83 resistance
- 17:33level. See if I can circle that all
- 17:35right, Which is right here, which is the top of this candle
- 17:38that occurred twice. These are called candlesticks.
- 17:41When it's red, that means the the price opened at the body of
- 17:45the candle, closed at the body of the candle and the and the
- 17:49Wick and the Wick is the top part, the bottom parts called
- 17:51the tail. On that day, the silver price
- 17:54went all the way up here to 83 dollars.
- 17:57OK. But closed way down here now.
- 18:00We had a similar occurrence just a few days ago up here at
- 18:04$83.00. So what he's saying is we need
- 18:07to break above that $83 mark, but we also need to do that with
- 18:13heavy volume. I'm circling that down here at
- 18:15the bottom. Those bars at the bottom show
- 18:18the volume. And as you can see, right, it's
- 18:21been mediocre ish, maybe a little higher than average
- 18:24volume, but we need to get above that $83 mark with some high
- 18:28volume two, then have a move that could bring us to $100 or
- 18:34plus in the in the silver market.
- 18:37OK, All right, let's go to the next fun thing that happened
- 18:41here. Man, there's a lot to cover of
- 18:44going on with silver and gold right now.
- 18:47This was a few days ago. It's probably not the case still
- 18:51right now, but, and I'll tell you why this is important for a
- 18:55couple reasons. Breaking news, silver did
- 18:58surpass NVIDIA to become the second largest asset by market
- 19:02cap. Let that sink in guys.
- 19:04Silver became the second most valuable asset in the world,
- 19:10above NVIDIA, above Apple, above the whatever they're called, MAG
- 19:147 stocks, whatever. OK, couple reasons why that's
- 19:18very important #1 hold on here. Hopefully you can still see me
- 19:23and hear me. I think you can't.
- 19:25Yep. Number one, that brings more
- 19:28attention into the silver market.
- 19:30But again, like, like, like silver hitting all time highs,
- 19:34once that has occurred with silver that it became #2 it's
- 19:38more and more it's, it's not real likely that that just
- 19:41happened one time yesterday or the day before when it occurred,
- 19:46right? And that it's never going to
- 19:47happen again. Think about that.
- 19:49All right, take a deep breath. I know we've had some challenge
- 19:52today, the last few days, little bit of challenge in the silver
- 19:54market. But come on guys, think about
- 19:57it. Think about a year ago right now
- 19:59when we were down here in the basement talking about a 33,
- 20:02roughly silver was like 33, maybe $35 per oz.
- 20:07And right now we're sitting at, let's go out and take a look
- 20:10what the heck at where we are in the futures market.
- 20:13And Oh my gosh, it's getting better baby.
- 20:16Hey, we're going to stay alive right now.
- 20:18Silver's, it was down like 4 dollars $5 earlier.
- 20:23Anyway, right now we're sitting at a silver price of $75.00 in
- 20:28the March March 2026 futures contract.
- 20:32Let's just look at the one year chart.
- 20:34Wow, OK, I know you're dying for me to do it.
- 20:39Let's get the crayons out. I mean, this really started when
- 20:43back around April time frame and look at this beautiful trend
- 20:50that we have. And again, we want to point out,
- 20:52this was not like, oh, silver started going up in April, June
- 20:57time frame. Well, there's the April all the
- 21:00way back there. And really that line goes all
- 21:02the way back there. I'll fix that.
- 21:03And oh, in July we had some crazy, you know, paper event and
- 21:07the price spiked and came back down.
- 21:10No, because when things spike, they do come right back down.
- 21:13You can almost see that in miniature form right here on the
- 21:16chart. OK.
- 21:18Well, instead what we had was a nice steady progression in the
- 21:22silver price where we had periods like right here where
- 21:27the price consolidated for a while, right here the price
- 21:30consolidated for a while, even right here miniature
- 21:33consolidation, even right here miniature consolidation.
- 21:37And why those consolidations are so important is because it gives
- 21:42the silver price a little rest, but it also lets people who are
- 21:46short timers, right? People that aren't really
- 21:49feeling a strong conviction for silver.
- 21:51They get out of the market and they're replaced by new
- 21:54investors who have fresh perspective in a deeper
- 21:57commitment to the long term viability of the silver price.
- 22:00All right, let's go to China. We hit, we hit $90.00 on in the
- 22:06Chinese market the other day. Let me see if I have this up for
- 22:11you. And here we go.
- 22:16I'll just pull this up right now.
- 22:18Silver hits $90.00 in Shanghai, set a new record all time high.
- 22:23And I get that up. There you go.
- 22:28And then next, this is very interesting, OK, very
- 22:33interesting insight. There's there's a big key take
- 22:36away in this post that came from Pablo Himan.
- 22:40We're just going to read the first couple of parts of this
- 22:43post, but it's very insightful, he said.
- 22:45I went to the largest gold and silver retail market in the
- 22:49world on the weekend, largest in the world, the Shu Bay in China.
- 22:55And at least two jewelry makers confirmed to me that they now
- 22:58have to pay a premium just to get their hands on bricks of
- 23:03silver, gold and bricks of silver, gold and platinum.
- 23:08They used to just pay the Shanghai Gold Exchange price,
- 23:12but starting about six weeks ago, even they have to pay a
- 23:15premium. For example, silver was about 17
- 23:18yuan, $75 per gram spot price. But the jewel jewelry makers
- 23:23have to buy for around CN¥19 or $84.
- 23:28OK. It's significantly higher than
- 23:30the spot price. Why?
- 23:31And then they sell it for 100. But anyway, why is that
- 23:34important? I'll tell you why that's
- 23:36important, OK? Because think about this, as
- 23:40we've covered at nauseam, the Shanghai Gold exchange price
- 23:44that that's the physical spot market for silver in China is
- 23:48always and especially now already significantly higher.
- 23:53You got the COMEX price right here.
- 23:55You got the Shanghai Gold exchange price right here.
- 23:58The physical market in China, which is higher.
- 24:01But wait, there's more. Because what he's reporting is
- 24:04that for, for people to actually get their hands jewelry makers
- 24:08on silver in China, they're paying even higher than the
- 24:12Shanghai Gold exchange price. Guys, it is absolutely crazy,
- 24:17crazy times right now. OK, Thank you for joining me
- 24:21down here in the basement. I want to say that as we move
- 24:24forward, right, we are going to have some interesting
- 24:27developments that occur in the gold market, in the silver
- 24:30market. Speaking of gold, I do want to
- 24:31say thank you to 1st Mining Gold for sponsoring Ron's Basement,
- 24:35their development stage company with two multi million ounce
- 24:39projects in Canada, Spring Pool in Ontario, Duparque in Quebec.
- 24:44But look, as we move forward, be prepared, be emotionally
- 24:48prepared that there's going to be a lot of big up days and a
- 24:51lot of big down days. The key is to stay somewhere in
- 24:55the middle. Rationally think about it and
- 24:58everybody makes their own decisions.
- 25:00I'm not a financial advisor, you know, all that great stuff, but
- 25:03rationally think about why you made the decision to buy metals.
- 25:07OK, the emotions can get very turbulent when things get crazy
- 25:13like they are. Trust me, I'm human just like
- 25:15you. But you want to keep a a a
- 25:17strong, rational vision as to why you hold silver and gold.
- 25:23All right, I'll be here with you through it all.
- 25:25Please don't forget, subscribe to the channel.
- 25:27Thanks for being down here. I appreciate you and I'll see
- 25:30you. Oh, oh, oh, oh, wait, wait,
- 25:32wait, wait, wait, wait, wait. Let's get this super chat up.
- 25:37I apologize. This came from our friend.
- 25:41Have a hard time reading on the screen.
- 25:43Hold on here, let me pull that up.
- 25:45Let me pull this up. This came from our friend
- 25:48Matthew. Darn it, I still can't read it.
- 25:51Matthew Mazar, IE gold AE in the United Arab Emirates, 1 oz
- 25:55silver is listed for 431 AED, which equals wow, 117 U.S.
- 26:02dollars. Awaiting for arbitrage traders
- 26:05to pick up the tab. Yeah, that's true.
- 26:07We're we're seeing these incredible, I mean absolutely
- 26:11incredible price quotes from around the world, a lot of them
- 26:17coming from the United Arab Emirates, but that's a huge gold
- 26:20and silver market and seeing silver like in the 90s.
- 26:25Yep, OK, Yep, Upstairs Susie's here is not uncommon.
- 26:29And the the the reason why that goes along with what we just
- 26:32said about the Shoe Bay metals market, the biggest one in the
- 26:36world where the Jewelers are saying we're not just paying the
- 26:39Shanghai Gold exchange price for silver, we're paying a premium
- 26:43on top of that. If we want to get they call them
- 26:45plates, by the way, 15 kilogram plates, right.
- 26:51That that eventually this is a physical driven market, a
- 26:54physical driven rally. You can't that's, that's the
- 26:58natural market forces right now what we're seeing in the
- 27:03physical market. And you cannot OK, permanently.
- 27:07And I got to give, we got to give some credit to those boys
- 27:10and girls at the Comex. They did a good job for a number
- 27:12of years and maybe they got more tricks up their sleeves, but you
- 27:16can't permanently. And we're going to say hi to
- 27:18upstairs Susie, defeat the the natural forces of the market
- 27:24supply and demand. And that's what we're, I
- 27:27believe, dealing with right now. Did you need something,
- 27:30sweetheart? Just going to point out a
- 27:34comment in the chat from the person in China so that the
- 27:37buying is a frenzy at the jewelry shop.
- 27:41Well, there we go. From.
- 27:44Snooper, snooper. OK, Thank you, Susie.
- 27:48We appreciate that information from the street in China.
- 27:51So you just heard it upstairs, Susie, man, she's on it, right?
- 27:55Says that there's a comment in the comments section from
- 27:57someone in China saying that the buying is insane.
- 28:01What did we see in Singapore, guys?
- 28:03Singapore is huge, right? What did we get from Bullion
- 28:06Star, right? The sales are through the roof.
- 28:08We've got pictures coming in from Australia of people lined
- 28:12up at, what is it ABC Bullion? I mean, it's incredible.
- 28:16It's an incredible time. Again, thank you for joining me
- 28:19down here. All right, it's really an honor
- 28:22to have you with me in the basement.
- 28:24We're going to we're going to, I used to say this three years
- 28:27ago, right? We're we're, we, we will sail
- 28:29the sometimes choppy seas of precious metals together.
- 28:34All right, have a great day and I'll see you.
- 28:36Yes, you next time.