Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Calculate Your SILVER and GOLD Price Predictions THIS Way 🚨 Dan Tinkham

Transcript

🚨 Calculate Your SILVER and GOLD Price Predictions THIS Way 🚨 Dan Tinkham · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  Today we have a big prediction for silver and gold.
• 0:04
  We're fortunate to be joined by Mr. Dan Tinkum.
• 0:08
  He's a wealth strategist wealth preserver.
• 0:11
  Dan, welcome to Ron's Basement. Ron, it's a pleasure.
• 0:14
  Thanks for having me on. So you're watching these markets
• 0:17
  on a daily basis, the silver, the gold market, you're trying
• 0:21
  to position yourself, your family and I imagine your
• 0:24
  clients as well to preserve wealth during a time period here
• 0:29
  in the future that could be quite challenging.
• 0:32
  What are you seeing out there that's that's peaking your
• 0:35
  interest right now, Dan? Yeah, well, there's there's
• 0:38
  alarm bells going off everywhere.
• 0:39
  And it it's, I feel like a squirrel because as soon as one
• 0:43
  alarm bell goes off, another one goes off.
• 0:45
  And to try to keep up with the pace of information has become
• 0:48
  extremely challenging. But it's really important to
• 0:51
  listen to voices like yours, and if people resonate with, you
• 0:54
  know, my predictions and things I think are going to happen.
• 0:58
  Then I think it's important to start listening to those, those
• 1:00
  critical voices. At this juncture, there's a lot
• 1:03
  of things happening Biblically when you look around the world,
• 1:06
  potential global war, how does that relate to silver, the price
• 1:10
  of silver? You know, what is the military
• 1:12
  doing when it comes to silver? Things like that, you know.
• 1:15
  So I'm going to, I'm going to go out on a limb today and, you
• 1:17
  know, actually give your viewers some of my predictions, but not
• 1:20
  only had the predictions, but also how I got to those numbers
• 1:23
  to try to quantify and give some.
• 1:26
  You know, reasonableness because everybody throws.
• 1:28
  There's numbers all over the place.
• 1:29
  And I try to take a step back and say, all right as an
• 1:32
  observer, where silver now? Where, where should silver be?
• 1:36
  Where should gold? Because we know that gold
• 1:38
  ultimately kind of drives the bus and silver's along for the
• 1:41
  ride. But we all know how the ride is.
• 1:45
  Right now we're feeling pretty nauseous and people want to get
• 1:47
  off. And the key thing is right
• 1:49
  before you want to get off is right at the time where you want
• 1:52
  to stay on. So and I think we're in those
• 1:54
  days and timing. Don't try to time it, you know
• 1:57
  at the end of the day, and my belief it's God's timing.
• 2:00
  We can all try to predict and come up with different
• 2:02
  scenarios, but I'm excited to share with your viewers my
• 2:07
  thoughts on the price of where gold and silver should be.
• 2:11
  Yeah and and I and I liked what you said because I think it's
• 2:14
  true a lot of times when it feels the absolute hardest to
• 2:19
  hang in there or it feels the absolute hardest to maybe add a
• 2:23
  little bit to a position that you have.
• 2:25
  Often times, not always but often times that's the best time
• 2:30
  to add or to or to even just hang in there.
• 2:34
  You know, I was talking with Lynette Zang.
• 2:35
  It's been a while, 5-6 weeks ago and she said something that
• 2:39
  really resonated with me. And I think I heard you say the
• 2:42
  same thing and that is it feels real crazy out there in the
• 2:47
  world right now. And and she basically said it
• 2:49
  feels crazy because we're getting near the end and when we
• 2:53
  get near the end it starts to feel real crazy.
• 2:58
  So I appreciate you bringing that up.
• 2:59
  You touched on also military use of silver and and I don't know
• 3:04
  that anyone's an expert or a guru in that arena.
• 3:07
  But there's been a lot of talk, a lot of noise, especially now
• 3:10
  with this unfortunate circumstance we have with, you
• 3:13
  know, two wars going on in the world that the military, not
• 3:17
  just the United States, but that would be in the entire world
• 3:20
  that a lot of silver goes into and is critical component in a
• 3:24
  lot of these defense technologies.
• 3:29
  Yeah, yeah, I mean each each warhead missile has about a
• 3:32
  monster box worth of silver, about 500 ounces, just on one
• 3:35
  tip. Now mind you, it's not just our
• 3:37
  military, but the military's from around the world that need
• 3:40
  this supply. And so all of a sudden if we if
• 3:42
  this regional conflict becomes a global one.
• 3:46
  It really changes the name of the game and it would explain
• 3:48
  why a lot of these countries are really starting to hoard gold.
• 3:52
  Why are the central bankers hoarding gold while they're
• 3:53
  hoarding gold? Because they're going to have to
• 3:55
  have a mechanism to exchange to obtain silver.
• 3:58
  And I think silver is the key. Silver is the key thing that
• 4:01
  everybody's missing. It's such a small market cap.
• 4:05
  The market cap is almost micro cap for how much silver is mined
• 4:09
  on an annual basis. About a billion oz at 2025
• 4:12
  billion. That's a small to medium sized
• 4:15
  company on on an index. So for me that's, you know, from
• 4:20
  a military perspective, there's nuclear submarines, there's
• 4:22
  satellites, you know any, any form of electronic
• 4:26
  communications are going to require silver to the point
• 4:29
  where the Navy published something last April that said
• 4:32
  that they're in such a critical shortage that they're going to
• 4:36
  be relying on lithium instead of silver.
• 4:39
  Now look at the price of lithium.
• 4:42
  Lithium's gone basically parabolic.
• 4:43
  However, they can obtain supply. So if the military is that
• 4:46
  concerned about the supply at the current pricing and they're
• 4:51
  looking at alternatives for some of their technologies to to
• 4:54
  switch from silver to lithium, how rare is silver?
• 4:58
  And you know, Andy, Schechtman said recently he's dumbfounded
• 5:01
  by the retail. Numbers and how he's able to
• 5:04
  still and how precious metal metals dealers are able to
• 5:07
  supply the retail market. You know this could very well be
• 5:11
  a case of you know these mints around the world doing this last
• 5:15
  push to retail investors before the price goes up.
• 5:19
  You know because at the end of the day some some people within
• 5:21
  government a good and they want people to hold silver.
• 5:24
  I'm a big proponent that every household should have some form
• 5:27
  of physical silver at minimum and.
• 5:32
  You know, so from that standpoint, the affordability is
• 5:34
  there for the people now, but the time to prepare your homes
• 5:38
  is pretty much over. I mean we've, you know, a lot of
• 5:41
  people have been talking about preparation now really since the
• 5:44
  pandemic. You know, when prices everything
• 5:45
  kind of crashed and people were able to scoop up assets.
• 5:49
  You know, people should have been buying homes at this point.
• 5:51
  The game of music, I I look at it as a game of musical chairs.
• 5:54
  The game is almost over like the like you're kind of watching the
• 5:58
  person go over and they're about to push.
• 6:00
  Stop button on the music and but and there's only a few chairs
• 6:04
  left so like now is yesterday is when you should have been fully
• 6:09
  prepared. But today is better than
• 6:10
  tomorrow. Yeah.
• 6:12
  Yeah. Like they've they've gone over
• 6:13
  and acted like they were going to push it a few Times Now.
• 6:16
  But the we know the push is coming because the game can't go
• 6:19
  on forever. So I have a question for you and
• 6:22
  AM, IA, AM IA Silver Pumper, right.
• 6:24
  I talk about silver all the time.
• 6:26
  Some people will excuse me, come back at me and say, oh, you're a
• 6:29
  silver pumper. But when I, when I hear what you
• 6:32
  just said and I factor into that equation of facts that I know
• 6:37
  that on an annual basis, the amount of silver at least last
• 6:40
  year being mined by the by the silver mining companies actually
• 6:44
  decreased. You know, I had the good fortune
• 6:47
  of talking to gosh, 4 CE OS in the last two weeks from silver
• 6:51
  mining companies. They all tell me the same thing.
• 6:54
  It's becoming, you know, it's harder and harder to find new
• 6:57
  silver deposits in the ground, cost a lot of money, takes years
• 7:00
  and years to develop it. That's if they are even able to
• 7:05
  find it. It just feels like the price of
• 7:08
  silver. I guess if we look at it like a
• 7:12
  game of musical chairs anyway, like they are getting ready to
• 7:15
  press the stop button and that we could see a big reset in the
• 7:18
  silver price. Yeah.
• 7:21
  And there's that's that's the $1,000,000 question right.
• 7:23
  There is is when you know when does that price go up and at the
• 7:27
  end of the day the bankers are really the ones that own the
• 7:31
  interest to a lot of these companies.
• 7:32
  They own the royal a lot of the royalties.
• 7:35
  You know I I've, you know I've worked for two separate you know
• 7:39
  trusts that ESTAB, you know they're they run out of Canada
• 7:42
  and then they run internationally and you know
• 7:45
  they're very intricately intertwined but a lot of these
• 7:47
  assets are owned by. You know, just a handful of a
• 7:50
  few players. You know, I I would say someone
• 7:53
  that's very wise right now to listen to would be someone like
• 7:56
  Rick Rule. I respect Rick tremendously.
• 7:59
  He's starting a bank, but he he has a lot of significant
• 8:02
  interests and he he has shown he's been someone that's been in
• 8:07
  this market for 40-50 years, far older than I am.
• 8:10
  And he has a lot of wisdom, and he's pretty much echoing how I
• 8:13
  feel is hey, look, we're almost there.
• 8:15
  You know can you time the bottom?
• 8:17
  No that's a fool's game. You might get lucky in dollar
• 8:19
  cost average in on the way down but you should never go all in
• 8:23
  or all out but have some dry powder prepared.
• 8:26
  You know personally I'm short the NASDAQ a little bit and I'm
• 8:31
  I've been raising cash for a year and a half and and I have
• 8:34
  mostly silver in my in My Portfolio and some some silver
• 8:38
  stocks you know and as a former financial planner you know
• 8:42
  having been in the industry for as long as I have.
• 8:45
  To most people that they would say you're breaking every rule
• 8:49
  that you know, you shouldn't put all your eggs in one basket.
• 8:52
  You should have this you know 6040 mix or whatever whatever
• 8:55
  that they're pumping out. And at the end of the day,
• 8:58
  these, you know, I I kind of want to stick my neck out and
• 9:01
  say look, no, I I am so in this that I and I totally believe in
• 9:05
  it that I'm going to put my money where my mouth is and
• 9:07
  actually allocate my money accordingly.
• 9:09
  And if I'm right, I'll do well. And if I'm not, well, hey, you
• 9:12
  know, Silver will still need. Be needed and practically every
• 9:15
  industry every application it's really you know it's it's it's
• 9:19
  the perfect it's I mean some people say it's the antidote to
• 9:22
  witches and Wizards. I mean that silver has no end in
• 9:25
  terms of its applications, medicines, the technology, it's
• 9:29
  the best conductor of electricity and that I mean what
• 9:32
  it what more is there to say about about silver?
• 9:35
  If everybody hates it, then I want to be the contrarian.
• 9:37
  And you know, if if anyone wants to call me a silver pumper, then
• 9:40
  I guess. And guilty as charged.
• 9:43
  So, so I, so I, so I have a question for you, Dan.
• 9:45
  That's 6040 mix you refer to. Like in my case, does that mean
• 9:50
  I have 60% in physical silver and 40% in mining stocks?
• 9:55
  Oh, I'm, I'm talking, yeah, I know.
• 9:56
  I'm talking. Yeah, the the old model of 60%
• 10:00
  stocks and 40% bonds that has not worked now for a couple
• 10:04
  years. I don't anticipate that to work
• 10:06
  here moving forward. And if you know what if?
• 10:10
  It's so hard to change habits and if you have a target date
• 10:13
  fund or you have an index fund in a 401K or it's just sitting
• 10:17
  there, it's so hard to change it and do something.
• 10:21
  So I always used to tell clients, look, if you can't do
• 10:25
  something all at once, work in baby steps. 10%, twenty percent,
• 10:30
  25 percent, 33%, come up with an allocation where you say, you
• 10:34
  know, if you look at it visually from a pie chart, OK, you know
• 10:36
  what? I can take a portion of this and
• 10:38
  I'll do something different with it in the hopes that I do well.
• 10:42
  And if I don't do well, then, you know, it's because precious
• 10:45
  metals isn't going to be for everybody at the end of the day.
• 10:48
  I mean that's to our benefit I guess.
• 10:50
  But every now if it becomes money, that's a different.
• 10:54
  Well, it is money, but if it if it becomes legal tender, again,
• 10:56
  widely accepted, that's a whole different story.
• 10:58
  But that'll probably take a few years anyways to to transition
• 11:03
  to a new kind of system like that and get full adoption.
• 11:06
  If you're looking to buy gold, silver, or platinum, do yourself
• 11:09
  a favor and check out PIM Backs, the online precious metals
• 11:13
  bullion dealer and sponsor of Ron's Basement.
• 11:17
  I was a happy customer before they offered to support the
• 11:20
  channel. You'll find they have the best
• 11:23
  prices, quality, and service. I think Pembex is best and you
• 11:28
  will too. And be sure to tell them that
• 11:30
  you're from Ron's basement. I'm not giving financial advice
• 11:33
  I'm I'm no longer Series 7. My CRD was 582-3070.
• 11:39
  I'm no longer active, so anything I provide is my opinion
• 11:44
  alone, right? Right.
• 11:46
  But but. And we've got a lot more to talk
• 11:48
  about in this video. But if people do want to talk to
• 11:50
  you, they can reach out through your website.
• 11:53
  Is that, is that accurate? Is that the best way?
• 11:55
  Yeah, absolutely. Yeah.
• 11:56
  Thank you. Yeah.
• 11:57
  So they can visit me. So it's www.danieltinkham.com,
• 12:01
  that's Dan, i.e. LTIN, kham.com.
• 12:07
  You can reach out to me for free.
• 12:08
  We can talk. We can set up a consultation.
• 12:11
  My full time job. I'm raising capital for an oil
• 12:13
  and gas company. So really I'm big into, I'm
• 12:16
  calling it the hard asset movement.
• 12:18
  So precious metals is your base, that's your solid foundation,
• 12:22
  that's your real money that you obtain pretty much anything you
• 12:25
  want. If you have 1000 ounces of
• 12:27
  silver, you're going to you know pretty much have your own
• 12:30
  Kingdom in your in your little area of the world more than that
• 12:34
  and you'll you'll do even better.
• 12:36
  So that's going to be your base, but.
• 12:38
  Well from that you need energy. So for me leaving the the former
• 12:42
  business I was in to come to work for an oil and gas company
• 12:44
  was super exciting because not only do I believe in oil and
• 12:48
  gas, but the whole mantra of ESG is a load of is a load of crap.
• 12:53
  You know people are really starting to wake up to the black
• 12:55
  rocks, the Vanguards, the state streets, their hidden agendas.
• 12:58
  They've been pushing this ESG and the the solar and and you
• 13:03
  know what, I'm not against solar.
• 13:04
  I'm, you know, I am kind of against wind.
• 13:07
  But solar can have its applications, you know,
• 13:11
  particularly with, you know, certain power tools and you
• 13:13
  know, household equipment, things like that.
• 13:15
  But the the free market should dictate and determine you know,
• 13:18
  how much someone's willing to pay instead of trying to
• 13:20
  incentivize the the whole credit system.
• 13:22
  But for oil and gas you need, there's 6000 different products
• 13:25
  that require oil in one way, shape or form.
• 13:29
  My home's heated with home heating oil which is diesel.
• 13:32
  You know, it's so it's it's something that's never going to
• 13:35
  go away. I was reading something that
• 13:38
  there's been over $5 trillion spent on ESG over the last 30
• 13:42
  years and what they have to account is that oil, gas and
• 13:46
  coal has gone from 82% to 81%, right?
• 13:51
  Was that a good investment? You tell me.
• 13:52
  I don't know. We're 33.7 point 8.930.
• 13:56
  I don't know. It goes up by, it seems like 100
• 13:58
  billion today. Lately, you know, pretty soon
• 14:00
  we'll be talking about 40 trillion.
• 14:02
  And you know our shiny will just keep getting shinier and you
• 14:06
  know but for oil and gas it's to me it's it's a, it's a clear
• 14:10
  winner. And so I'm representing a
• 14:12
  company that's raising capital and we've already raised 120
• 14:16
  million and we're going to raise 200,000,000 by the end of the
• 14:19
  year. So we're looking for accredited
• 14:20
  investors who believe in domestic production.
• 14:24
  We're only in Texas, Colorado and Wyoming.
• 14:27
  So we don't do anything international, we don't do any
• 14:29
  federal land. So we try to control.
• 14:31
  What we can control, but most of our operations is in Texas,
• 14:34
  which is basically in and out in and of itself, its own country.
• 14:37
  So no matter what happens throughout the rest of the
• 14:39
  United States, Texas is really still going to be the lifeblood
• 14:42
  of the people. At the end of the day, we can
• 14:44
  export, you know, through the ports around the world.
• 14:47
  And so I'm super excited about oil and gas.
• 14:50
  And then I have no vested interest in telling anyone other
• 14:52
  than I really like uranium. I haven't quite pulled the
• 14:56
  trigger on anything yet for Full disclosure, but the physical
• 15:00
  uranium as well as different uranium ETFs, again, it's a play
• 15:06
  on energy. And there's going to be small
• 15:08
  nuclear reactors that are going to be built under Trump's
• 15:12
  executive order. His last day in office, he
• 15:14
  signed an executive order allowing for much smaller
• 15:16
  nuclear plants. So by 20292030 those are going
• 15:20
  to become much more commonplace. And the malinvestment in uranium
• 15:25
  has just been, you know, you know, awful.
• 15:28
  And you look at Kazakhstan, there's a lot of problems at the
• 15:32
  the the national uranium company there.
• 15:36
  So the supply issue is only probably going to get worse and
• 15:38
  so NS brought keeps buying up more the physical you know so
• 15:43
  for me it's precious metals oil and gas uranium hunker down you
• 15:47
  know do you want 25% of that in your portfolio, 50% you know
• 15:51
  100% you know that's really up to you as an investor.
• 15:55
  You know, I I allocate things my way be just from how I see
• 15:58
  things. But every everybody should sit
• 16:00
  down with someone have a good understanding of their situation
• 16:03
  you know and just. To make sure that you're on the
• 16:05
  right track, I've I've I've been buying silver for decades now
• 16:09
  and I've never sold an ounce of silver.
• 16:12
  Not that I wouldn't convert some in the future, but more now than
• 16:16
  ever. When I think about the physical
• 16:18
  silver that I hold, I feel like is there downside risk?
• 16:23
  Certainly right. But realistically, I'm very
• 16:26
  confident that it will at minimum maintain its real value
• 16:30
  right where it is right now and that there's an opportunity that
• 16:34
  and it's not just with silver, I think it's with with oil and gas
• 16:37
  like you mentioned and and and uranium as well.
• 16:40
  But for me, with silver, I just feel like it's going to hold its
• 16:43
  value. And then there's this option
• 16:46
  that it could save me at some point.
• 16:48
  And when I'm being saved me, it could literally save, you know,
• 16:51
  could be used for, for, for, for basic necessities and even an
• 16:55
  option that it could realize even greater real value as well.
• 16:59
  And I don't know, I I just, I feel, I feel comfortable with
• 17:03
  that. Let me ask you this question.
• 17:05
  We know what's going on geopolitically in the world,
• 17:08
  right? We could talk about that for
• 17:10
  hours. Things are very contentious
• 17:12
  right now and the world is changing.
• 17:13
  Bifurcating bricks, bricks, plus all that good stuff.
• 17:17
  If we just focus in on the United States, you had some
• 17:19
  really interesting thoughts and and ideas that you share with me
• 17:25
  regarding kind of what's going on fiscally, monetarily within
• 17:30
  the United States. Do you care to talk about that
• 17:32
  at all 'cause I thought you had some good insights that that you
• 17:36
  know, we do live and many of the people joining us right now are
• 17:39
  U.S. citizens. And I think that that most of
• 17:43
  our cohorts are asleep and don't even realize the the kind of
• 17:47
  contentious, I don't know if that's the right word, scary
• 17:51
  situation that we're in. Any any ideas on that Dan?
• 17:55
  Yeah. So for me, I was, I was taking
• 17:58
  some notes here last night, and I'm pretty convinced that pretty
• 18:01
  much everybody within government and mostly elites are either
• 18:04
  Marxist, communist, fascist or Rhinos.
• 18:07
  And I, you know, I'm calling for basically pretty much rounding
• 18:11
  most of them up. And you know, the message needs
• 18:14
  to be sent that treason doesn't pay.
• 18:17
  And I see treason all over the place.
• 18:19
  It's like almost mine. It's like numbing.
• 18:21
  And to me, that's just, you know, I have five children.
• 18:25
  You know, someday I'll have grandkids and great grandkids.
• 18:28
  I don't want them to be slaves. And at the end of the day,
• 18:31
  silver is really the only key that I've seen where they're not
• 18:36
  going to be slaves. And you know, yeah, all these
• 18:37
  other projects, you know, oil and gas, uranium, everything
• 18:40
  else that's, it's great. But silver at the end of the day
• 18:44
  is going to make sure that my grandkids aren't, aren't, aren't
• 18:46
  slaves. I built my house on gold and
• 18:49
  silver. And I would actually encourage
• 18:50
  you, Ron, to. Try to sell some of your silver
• 18:53
  sometime. I've been buying silver since I
• 18:55
  was 14 years old. I was it was 2003, it was $5.00
• 18:59
  an ounce, but people were giving it away for a dollar, $2.00 and
• 19:03
  I was hoarding it and I just. I held on to a lot of it and I
• 19:06
  sold it in 2011 for 48 bucks an ounce.
• 19:09
  When I I saw the signs and I said hey wow, I can actually
• 19:12
  buy. I can buy real estate with what
• 19:14
  I've been able to save. And I was only I was 20.
• 19:17
  I was 22 at the time and so that's how I set my foundation
• 19:20
  was. You know, when that opportunity
• 19:22
  exists to spend it, then spend it.
• 19:25
  And I've actually and I and I did that years ago and you know,
• 19:28
  it it self perpetuates. And now I've been able to build
• 19:30
  a beautiful home, build a family with with what I've had.
• 19:34
  And I'm essentially kind of I'm doing the same thing in reverse.
• 19:37
  I'm just holding on and you know when my silver can buy me, You
• 19:40
  know, if if a few 100 ounces can buy me, you know, a nice
• 19:43
  townhouse or or home where I can start investing in real estate,
• 19:48
  you know, silver's going to tell me.
• 19:50
  The silver and the marketplace will tell me the price, you
• 19:53
  know, when it makes sense for me to sell, you know, and I don't
• 19:56
  look at it as sell. I look at it as spend, you know,
• 19:58
  and there's two key takeaways there.
• 20:00
  When you use the term sell, now all of a sudden, you know, now
• 20:04
  the IRS is like, oh, you sold something.
• 20:06
  We're looking for profit. No, I didn't sell it.
• 20:07
  I spent it because it's money and you know, so therefore you
• 20:12
  know it shouldn't be, shouldn't be taxed.
• 20:15
  Which is there's lots of legislation, lots of people that
• 20:18
  are fighting that good fight and and that really should be done
• 20:21
  at at a state level, but ultimately on a federal level,
• 20:24
  you know, gold and silver really need to be returned as as money.
• 20:27
  But that can't happen until the Federal Reserve and the IRS are
• 20:30
  decommissioned and, you know, essentially eliminated from from
• 20:34
  the picture. Yeah, yeah.
• 20:36
  Or convert. I like, I like to use the word
• 20:38
  convert. You know, I, I, I again don't
• 20:42
  give financial advice to my viewers or the people watching
• 20:44
  here, but. The last thing that I want to do
• 20:47
  is is sell my silver for Fiat money.
• 20:52
  At some point I say if there if the window like you talked about
• 20:55
  and congratulations because you you you had a you did a good job
• 20:59
  of recognizing a good time to harvest value from your silver
• 21:02
  when it was $48 that if we if we do have a situation where the
• 21:07
  market gives us an opportunity. To convert some silver into
• 21:12
  something like you said, real estate or some other real asset,
• 21:16
  but not necessarily to convert it into paper money because in
• 21:20
  the law, I mean you may have to temporarily do that to
• 21:23
  facilitate a transaction occurring, but you wanna convert
• 21:26
  it from one thing to another real thing.
• 21:29
  Exactly. First, Mining Gold is a
• 21:31
  development company advancing 2 of the largest gold projects in
• 21:35
  Canada, Spring Pole in Ontario and Duparque, located in Quebec.
• 21:40
  Each already has 5 million ounces of gold reserves, but
• 21:45
  exploration initiatives are underway at both projects to
• 21:48
  find even more gold. First, mining is well financed,
• 21:53
  has zero debt, and owns an interest in four additional
• 21:57
  Canadian Gold development projects.
• 21:59
  You're going to convert it into really one of really a few.
• 22:03
  So I look at this as a form of dynastic wealth.
• 22:06
  So what? What is dynastic wealth?
• 22:08
  Dynastic wealth is 300 years. So basically someone accumulates
• 22:12
  enough assets and then they use it in the right way where it'll
• 22:16
  actually last for hundreds of years.
• 22:18
  I think there's a, there's a trust in England that I think
• 22:21
  it's King Edward the 7th or there's a trust that's been in
• 22:26
  around since like 1450 and that trust still has lots of assets.
• 22:29
  So from a dynastic wealth standpoint, it's it's gold, it's
• 22:33
  real estate and it's super rare collectibles.
• 22:35
  That's kind of your three legged stool for wealth.
• 22:38
  Now I use silver as that mechanism now because I'm
• 22:40
  eventually going to be able to exchange my silver into gold at
• 22:44
  a far better ratio. So my target.
• 22:47
  So I'm going to, I'll start giving some predictions but I'll
• 22:49
  drip them in slowly. Silver will be between 12:50 and
• 22:54
  20 to one. That's historically the norm.
• 22:56
  We're at what, 80 to 180 something to 1.
• 22:59
  So we're so if gold, if if they do nothing, my silver is going
• 23:04
  to go 4X for me just observing that and recognizing that.
• 23:08
  And when it comes back to its real average, you know, I'll
• 23:11
  make a 4X return by literally doing nothing.
• 23:14
  So then I'll exchange it into gold.
• 23:16
  Some other things I'll exchange into real estate.
• 23:18
  So I'm going to be looking at high quality real estate.
• 23:21
  I prefer local. You know some people have
• 23:23
  different philosophies on that you know go invest in Texas or
• 23:26
  Tennessee or Florida or dabble wherever.
• 23:28
  I'm a little bit more of a creature of habit.
• 23:30
  I've, I live 8 miles from where I grew up.
• 23:33
  I tend to know the Southern New Hampshire real estate market
• 23:36
  very well. So at that point I would be
• 23:38
  looking at unique opportunities in you know, Southern New
• 23:42
  Hampshire, northern Mass, things like that and then super rare
• 23:45
  collectibles. It's and that that's a lot
• 23:48
  harder to ascertain. If you ever come to New
• 23:51
  Hampshire and come visit the basement, I'll show you some
• 23:53
  super rare collectibles that I won't put on camera.
• 23:56
  OK. Yeah.
• 23:57
  So that those are real, but those are all real assets you're
• 24:00
  talking about. Those are real assets that
• 24:02
  people will want no matter, no matter what the circumstances,
• 24:05
  you know, So if the wealth is in Saudi Arabia or the wealth is in
• 24:08
  China or the wealth is, you know, anywhere, you know,
• 24:11
  there's a group of people around the world that you own an asset
• 24:14
  that is so rare that everybody wants it and they'll pretty
• 24:18
  much, you know, it. It almost becomes a case of,
• 24:21
  well, oh, you pay a million, I'll pay 2 million.
• 24:22
  And that's where you see the the art market kind of going haywire
• 24:25
  because there's only so much artwork from from 1700 that's
• 24:29
  hanging around that is considered a masterpiece.
• 24:32
  So from that standpoint. Let me let me let me interject
• 24:36
  something quick 'cause you you talked about this concept of
• 24:38
  dynastic wealth, 300 year wealth, I think it's important
• 24:41
  for us to point out that no one has ever achieved, and the
• 24:45
  correct me if I'm wrong, dynastic wealth by investing in
• 24:49
  Fiat paper money 'cause if you think about the last 300 years,
• 24:53
  I don't know the exact number, but you can probably could
• 24:56
  probably refer to hundreds, if not maybe even thousands of
• 25:00
  different. Paper money, temporary Fiat
• 25:03
  money systems that have come and gone during that, during that
• 25:06
  period. And I want to point out
• 25:07
  something else as well. You talked about earlier that
• 25:09
  you converted some of your silver at $48 per oz.
• 25:14
  Back in 2011, that would be had you converted that silver into
• 25:21
  paper U.S. Dollars at that point and held
• 25:25
  them. Right.
• 25:26
  Held paper, you know, stack of $100 bills today, Those $100
• 25:30
  bills would be worth significantly less than they
• 25:35
  were in 2011. Yeah, yeah, absolutely.
• 25:38
  And there's a book written by Ralph T Foster.
• 25:41
  He lives in Berkeley, CA. He's probably one of the only
• 25:43
  sane people left in Berkeley. He runs a coin shop there and he
• 25:46
  actually wrote a book. There's over 1000 currencies
• 25:49
  that have all gone to 0, every last one.
• 25:51
  So there's 100% probability that if we don't have anything
• 25:54
  backing our dollar. And some people say, well, it's
• 25:57
  full faith and trust in the United States government.
• 25:58
  Some people say it's the military, both of which I say
• 26:01
  are not looking too good right now.
• 26:03
  And ultimately, if that trust is broken, eventually something's
• 26:07
  gonna have to step in. Even in the Weimar Republic they
• 26:10
  eventually had to come in and say, OK, we're going to, you
• 26:12
  know, try to peg it to something to to to balance things out.
• 26:15
  So gold and silver, if it's a 10% backing, 20% backing, you
• 26:19
  know, they won't go straight to 100% backing.
• 26:21
  But when I give you some of these predictions, I'll I use
• 26:24
  some assumed models around if they back at 10%, if they back
• 26:27
  at 20%, things like that. But yeah, that's a great book to
• 26:31
  to. I mean the dollar is on its way
• 26:33
  to to zero at some point. It's a it's a slow bleed.
• 26:37
  You know it's it's been 98% over the last you know 110 years and
• 26:42
  then that last one to 2% it can drip, drip and then all of a
• 26:45
  sudden it just happens and it can happen a lot faster and it
• 26:48
  will happen a lot faster cause back in the day, you know word
• 26:51
  still traveled fast but not nearly as fast as it does today.
• 26:55
  We're essentially within, you know, a few hours, the whole
• 26:58
  world can pretty much know almost everything that's going
• 27:00
  on. Yeah, that's a great point.
• 27:02
  I know that even played a factor in the Silicon Valley Bank.
• 27:07
  The bank run, I heard somebody say.
• 27:08
  Like, it used to be if there was gonna be a bank run, everybody
• 27:11
  had to line up outside the bank on Monday morning.
• 27:14
  Now they get on their phone and transfer all their money out in
• 27:18
  the matter of an hour. So yeah, it's a virtual, it's a
• 27:21
  virtual bank run. And that's the scary thing too,
• 27:23
  is that any, any bank can have a virtual bank run.
• 27:26
  And especially where, you know, the the Fed is introducing, you
• 27:29
  know, CBDC Light, you know where they're saying, well, it's a,
• 27:32
  it's a faster payment system, it's an instant payment system.
• 27:35
  Well, if it's really instant, you know that game of musical
• 27:38
  chairs is that just, you know, it basically broke the whole
• 27:42
  game because now everybody can move money, you know, extremely
• 27:45
  quickly. If anything, the slowness of the
• 27:49
  system is what kind of kept it in line, which, you know, do we
• 27:52
  want the system to come down? We we do.
• 27:55
  But we don't want it to collapse society.
• 27:57
  We want to be able to transition into something in an orderly
• 28:00
  manner. So the collapse can't be, it
• 28:02
  can't be too slow, but it can't be too fast either.
• 28:04
  It's a, it's a delegate situation and we're in the thick
• 28:08
  of it. We're in the fog of war.
• 28:09
  And if people kind of, if people are sitting there wondering, you
• 28:12
  know, Gee, things seem a little foggy or I don't, I'm not sure
• 28:15
  what to do. Or you're you're not the only
• 28:18
  one in that boat. And you know, I have a good pair
• 28:21
  of night vision goggles, you know, where I can see things
• 28:24
  that other people can't. And you know, God has given me
• 28:26
  that discernment and and that training to be in in the system
• 28:31
  that I was in for as long as I was.
• 28:33
  And you know, I just consider that a gift, and I'm sharing it
• 28:36
  with your followers today. Yeah, well, we, we certainly
• 28:39
  appreciate it and we want to get to your predictions.
• 28:41
  But I I want to. I want to say this if things
• 28:44
  seem a little foggy. That's because things are a
• 28:48
  little foggy. And if things seem a little
• 28:49
  crazy, that's because things have gotten a little crazy.
• 28:53
  So yeah, when they declare we're in a recession, we're actually,
• 28:57
  we're already in a depression really.
• 28:58
  So when they declare recession officially, if they call if it's
• 29:02
  a depression now, I wonder what they'll call it when it's
• 29:05
  actually a recession. Oh, come on, come on, Dan.
• 29:07
  You know, we just heard the economy is expanding at 4.9%.
• 29:11
  Everything's great out there. We're in great shape.
• 29:13
  Everything's wonderful. I'll go out on a limb and say
• 29:15
  that I think the Fed's going to raise rates in November.
• 29:19
  Oh, really? OK I so I don't know it's I
• 29:22
  think the odds definitely went up.
• 29:23
  I'm I could be wrong, but I think they're looking at that
• 29:27
  that GDP number, what was it 4.9?
• 29:29
  4.9 Yes, that's that. Yeah, that's totally fictitious.
• 29:34
  You know something that the Chief Growth Officer of the
• 29:36
  company I work for recently discussed was that we were, we
• 29:41
  only, we only didn't go into a technical recession last year
• 29:46
  and this year because we've been exporting so much oil and
• 29:50
  natural gas overseas. So those numbers have been abled
• 29:53
  because the export, any any export gets added to your GDP.
• 29:57
  So they've been selling, you know, a whole lot of oil and
• 30:00
  natural gas including draining the SPR.
• 30:03
  And I think that that could have added to GDPI.
• 30:06
  Don't know the technicalities around it, but yeah, you know
• 30:09
  that's yeah, it's, it's all at this point it's all the numbers
• 30:12
  are manipulated. You know that I know.
• 30:14
  That yeah yeah that's what I'm and I I I probably shouldn't go
• 30:18
  down this rabbit hole but I'm gonna try and then we can cut
• 30:20
  this off if it doesn't work. But none the less you talked
• 30:24
  about the potential for the Fed actually raising rates which is
• 30:27
  you know 97 for the the the the odds are 97% chance that they're
• 30:32
  not and and I and I understand why you're saying that but I
• 30:35
  want to get see if this makes any sense to you whatsoever.
• 30:39
  Could we get to a point where the Fed is on a nominal basis, I
• 30:44
  guess you would say raising rates.
• 30:46
  But at the same time, I guess because inflation and because
• 30:52
  the devaluation of the dollar still is continuing at a more
• 30:58
  rapid pace that in real terms the the, the, the, the system is
• 31:04
  still continuing like if we gotten to a point because
• 31:07
  there's so much debt that. Yeah, sure. the Fed can raise
• 31:10
  rates another 2% from here. That's great.
• 31:13
  But on the other side, things are falling apart to the extent
• 31:16
  that it doesn't matter that they raised rates by two, another 2%
• 31:20
  or 3% or whatever or does that make any sense?
• 31:22
  They'll try to put lipstick on the pig on the other side.
• 31:24
  So what I think they're going to do is they're going to raise
• 31:26
  rates and they're going to go from QT back to QE.
• 31:31
  So they'll do both. They can rate.
• 31:32
  I mean that's the thing they the Fed always says, Oh well we have
• 31:34
  tools in our toolbox while they can raise rates and print money.
• 31:39
  And I haven't really heard anybody talk about that concept
• 31:42
  and I don't quite know they if they if they have or not.
• 31:46
  But there's a lot of central bankers in there.
• 31:48
  Again, they're they're part of groupthink.
• 31:50
  They have usually one mindset when somebody introduces a new
• 31:52
  idea. You know it has to get run
• 31:54
  through the gauntlet with the central planners who the gurus
• 31:58
  of the world. But at the end of the day I
• 32:00
  think that's probably if to try to hang on to their system as
• 32:03
  long as they can they'll probably keep raising rates and
• 32:08
  and and money and do the money printing And then the the next
• 32:11
  round of money printing is going to be spectacular beyond what
• 32:15
  any what anyone because again if they have to what if they have
• 32:17
  to bail out half of all the banks.
• 32:20
  I mean now we're talking into the many, many, many trillions
• 32:24
  and and they and again they conveniently passed a measure
• 32:28
  where there's no debt ceiling now until January 2025, so.
• 32:33
  Yeah, yeah, I'm here too. My silver likes that, I mean.
• 32:37
  Yeah, yeah. Well, let me let me ask you.
• 32:39
  So. So my analogy for what you just
• 32:41
  described is like, it's like the Fed has a fire in their house
• 32:45
  and they're trying to put it out And in one hand they have a fire
• 32:48
  extinguisher. But then secretly with their
• 32:50
  other hand, they're fanning the flame, right, like, oh look,
• 32:53
  we're trying to put the fire out.
• 32:54
  Or you know, a couple years ago, I have twin 11 year old
• 32:58
  daughters. They they wanted a magic set for
• 33:00
  Christmas. I bought them a magic set that
• 33:02
  has. 48 different tricks they can do right?
• 33:05
  And they learned how to do like two of them and and isn't that
• 33:08
  like the Fed like you you talked about more tools in their
• 33:11
  toolbox But maybe is it also accurate to say like they've got
• 33:15
  more tricks in their magic set? Because really, when you think
• 33:18
  of tools, you think of actually fixing something.
• 33:21
  But when you think of a magic set, you think of illusion and
• 33:24
  trickery and and I think maybe it's more accurate to say that a
• 33:28
  lot of what they do is illusion and trickery.
• 33:30
  Yeah, their tricks are a facade. So it it's actually quite
• 33:34
  simple. I've broken that down into the
• 33:36
  most simple common to denominator.
• 33:38
  It's it's problem, it's reaction and then it's solution.
• 33:41
  So they spend sometimes years to create the problem they know is
• 33:45
  going to happen and then when the problem does happen,
• 33:49
  everyone reacts and then they have the solution for it and
• 33:52
  that's what they're going to do with CBDC.
• 33:54
  And people have to resist and say no, we're not, we're not
• 33:58
  doing it paper cash, I know it's a Federal Reserve Fiat note.
• 34:02
  I know no one likes them. But the paper is still we still
• 34:06
  have to use paper currency as much as we can at least until
• 34:09
  the new system transition somehow, which I have some
• 34:12
  theories on on that. But for right now, if if we just
• 34:15
  stick to the all digital, they're going to usher us right
• 34:18
  into the full CBDC. And then and then they'll just
• 34:21
  be able to decide if, Ron, you had too much meat last week.
• 34:25
  So you can't have meat this week and you'll go to the store and
• 34:28
  guess what? It won't work.
• 34:31
  As long as they don't cut, long as they don't cut me off on my
• 34:34
  As long as they don't cut me off on my ice cream, that's ice
• 34:37
  cream and chocolate. Those are my downfalls.
• 34:41
  Nothing like a good coffee Oreo with 16% butter fat.
• 34:45
  Right, exactly. So, so, So what are, what are
• 34:48
  some of your predictions for what we might see coming down
• 34:50
  the Pike? Yeah.
• 34:51
  All right, here's we're going to get to the fun part.
• 34:53
  So for gold, I came up with a few different scenarios.
• 34:56
  So for gold, the absolute minimum it should be at right
• 34:59
  now under the current Fiat system is is 3400.
• 35:03
  And I come up with that number pretty simply.
• 35:04
  So I looked at the 1980 peak and I it was about 850 and we're at
• 35:09
  30% to GDP. What are we at now?
• 35:12
  We're at 121.6, we'll call it 120 for rounding, that's a four
• 35:16
  XI did 850 * 4 because that's how much the debt has gone up.
• 35:21
  So when we get 3400 for that, you could essentially do the
• 35:25
  same multiple for silver. So if you use the same, if you
• 35:29
  use the same formula for silver, silver should be at 200 under
• 35:33
  the current under that current formula, really no exception.
• 35:36
  So the fact that they're keeping it down, it's all it's all
• 35:39
  derivative based. Now I've also I've used the,
• 35:43
  I've used some assumptions but you guys you know as as your
• 35:46
  fault as your viewers and you can you can play around with the
• 35:49
  numbers. I used an assumption of 100
• 35:52
  trillion in debt. So it's going to cover all the
• 35:55
  government debt, all the, you know, credit cards, you know,
• 35:58
  pretty much everything for the most part except for
• 36:00
  derivatives. And then I'm taking that number
• 36:02
  and I'm trying to estimate how much gold is in the United
• 36:04
  States and you know, how much is owned in Fort Knox, how much is
• 36:07
  owned in, you know, private hands.
• 36:11
  So I I'm assuming there's 8000 tons at Fort Knox.
• 36:14
  Let's not go down that rabbit hole and I'm assuming that the
• 36:17
  population has a similar amount, let's call it another, you know,
• 36:20
  150 million ounces of gold between, you know, the the whole
• 36:24
  population. Maybe it's more or less, but
• 36:26
  let's say it's here. So I just take the 100 trillion
• 36:28
  divided by 300, which is 300 million oz by the way.
• 36:33
  So I added, you know how much 8000 tons private, 8000 tons at
• 36:38
  Fort Knox. So that comes up to 300 million.
• 36:41
  Take 100 trillion. You know, if you've ever done
• 36:42
  the math before, it's 1212 zeros.
• 36:48
  It's a let me, let me, let me. Let me interject something that
• 36:51
  one of my viewers repeatedly reminds me of.
• 36:53
  A trillion is a million million. Mm hmm.
• 36:58
  Let that sink in, OK. Sorry, I won't interrupt you
• 37:01
  anymore. No, I I appreciate that.
• 37:03
  You know 'cause now what's 100 hundred trillion is then 10
• 37:07
  million, a hundred trillion is 10 million million.
• 37:11
  OK, now that we've got and pretty soon we should.
• 37:14
  So the next, the next level is quadrillion.
• 37:16
  So in a hyperinflation quadrillion and then quintillion
• 37:19
  and then septillion. OK.
• 37:20
  So we hopefully, hopefully we won't get down that road.
• 37:23
  But so if we do 100% backed gold, 100 trillion / 300
• 37:27
  million, that comes up to $333,333 per oz.
• 37:32
  Let's say there's a billion oz that are backing that at 100
• 37:36
  percent, 100 trillion / a billion, that's 100,000 an
• 37:40
  ounce. So I'm kind of, so I'm going to
• 37:42
  be very conservative and let's say there's a billion oz, It's
• 37:44
  over in the US OK? And let's say it's 100% backed,
• 37:47
  that's 100,000 at 40% backed would be at 40,020% backed will
• 37:53
  be at 20,000. So let's say the government says
• 37:54
  you know what we're going to back at 10% the price should
• 37:58
  spike up to 10,000 but let's say they do 20% back that's a 20,000
• 38:03
  ultimately that's going to cause force majeure.
• 38:05
  All the derivative all the derivatives contracts nullify to
• 38:09
  me. The way I look at it is it think
• 38:11
  of in science terms think of matter and antimatter when they
• 38:15
  collide there's only one in a billion left.
• 38:17
  The derivatives contracts when they when they blow up
• 38:19
  essentially the the regulators can come in and say oh there's
• 38:22
  our little magic trick, we're just going to cancel all of them
• 38:24
  and then there might be a handful left that they can
• 38:27
  figure out what they're going to do with you know, but the gold
• 38:30
  with the gold silver ratio being at between 20 to 1:00 to 12:50,
• 38:33
  so let's say it's 20 to one and let's say we're using a 20%
• 38:36
  backed that's $1000 silver. So that's that's where I'm
• 38:41
  getting those numbers. So I'm saying very conservative
• 38:43
  for silver 200 at a 20% backed system should be 1000 could be
• 38:50
  more or less than that but those are kind of the and those are
• 38:53
  long term numbers that could be that could happen in two days
• 38:57
  that could happen in five years it could take another generation
• 39:02
  if if if the bad guys keep the system going the way it is.
• 39:05
  So it's it's really hard to know but at $1000 silver now now we
• 39:11
  can start talking and you know everybody can start you know
• 39:14
  rotating their wealth and other things that cuz people need
• 39:17
  money and again what is real money it's gold and silver it's
• 39:21
  like this catch 22 it goes it just keeps going round and round
• 39:24
  so and those that can recognize it can actually do something and
• 39:28
  then be patient about it will fare far better moving forward
• 39:33
  and. And and I, and I think a lot of
• 39:36
  us and a lot of people want probably everyone watching this
• 39:40
  video. We've been so conditioned.
• 39:44
  That the value of if somebody's in Europe, the euro someone's in
• 39:48
  the United States the dollar that it that it has this quote
• 39:51
  UN quote value to it. We forget about the fact that
• 39:54
  it's it really is like you said. I mean it's make believe.
• 39:58
  It's based on nothing at this point except confidence.
• 40:02
  And so we hear these numbers and I get, I get blasted all the
• 40:07
  time for saying, oh, we can get $65 silver and people like, oh,
• 40:10
  you're crazy you know how could we get see I'm like.
• 40:13
  We could get $650 silver. We could get, we could get six
• 40:17
  $6500 silver. It's just, you know, go talk to
• 40:20
  someone in Venezuela, go talk to somebody in Turkey about what
• 40:25
  happened with the gold price over the last five years.
• 40:28
  You know, I mean, like these things do happen.
• 40:31
  Am I saying it's gonna happen today, Tomorrow.
• 40:33
  No. I mean, you know, could it
• 40:35
  happen? Could it happen next month?
• 40:37
  Possibly. Could it happen next year?
• 40:39
  Could it happen 10 years from now, You know, But the reality
• 40:43
  is, I mean and like you said earlier, you know, hasn't the US
• 40:46
  dollar already lost 98% of its value since, what, 1913,
• 40:51
  roughly? Yeah, perception is reality.
• 40:54
  You know, I think to that point, the people in Argentina, the
• 40:57
  people in Venezuela, the people in Turkey, they get it when they
• 41:00
  come here. You know, even people from you,
• 41:02
  Cuba, you, you go down to South Florida and a lot of people
• 41:05
  understand gold and silver. They're wearing it.
• 41:08
  You know, you'll see, you know, people around the world that
• 41:11
  wear their wealth around their neck because they don't, you
• 41:14
  know, if if the government wants it bad enough, well, they're
• 41:16
  going to have to, you know, rip it off, you know, my neck to
• 41:18
  basically take it. And you know, especially II by
• 41:21
  far and away has the most gold and silver on the planet.
• 41:25
  I like, you know, particularly I like, I really like the oil and
• 41:28
  gas project I'm on now because it's a mechanism where oil will
• 41:32
  be traded for gold. And then gold can be traded for
• 41:35
  dollars. So if you if you can be, it's
• 41:37
  like you know George Collins said it's one giant club and you
• 41:39
  ain't in it. Well, that's going to be the new
• 41:41
  club and if you can get in before the, you know, the club
• 41:44
  really starts and the bouncers out then you're you're in.
• 41:47
  And that's really those mechanisms you want to align
• 41:50
  your portfolio with things that are going to be part of that new
• 41:53
  system no matter what happens. And that's really the the beauty
• 41:56
  of of that. Yeah.
• 41:58
  Yeah. Well, this is, this has been
• 41:59
  great, Dan. I have two.
• 42:01
  I can't help but I have two quick things I want to mention
• 42:04
  and we'll we'll talk about this maybe in another video.
• 42:07
  But I was, I was meeting with a couple kind of top level analyst
• 42:12
  in Toronto couple weeks ago when I was up visiting a a gold
• 42:15
  mining project and one of them explained to me how really
• 42:18
  effectively right now in China you can sell oil for gold
• 42:24
  because of this Petro Yuan contract.
• 42:27
  And then with the Shanghai Gold exchange immediate
• 42:29
  convertibility that like if Saudi Arabia sells oil to to
• 42:34
  China they can then you know take immediately take that yuan
• 42:39
  and convert it into gold. That there's essentially right
• 42:41
  now the very beginnings of a of a oil for gold, I guess more
• 42:46
  within this bricks framework, but that it's happening right
• 42:49
  and oil is huge. Oil dwarfs any other market as
• 42:53
  far as I know and that's a big deal.
• 42:55
  Yeah, over 100 million barrels a day are consumed multiplied by,
• 43:00
  you know, $85 a barrel. Just do the math and that number
• 43:03
  is only going to go up by 20-30, it's going to be over 110
• 43:07
  million barrels per day and virtually all of the increase is
• 43:13
  coming from developing countries.
• 43:15
  So we pretty much most of the G7 is more flat at this point.
• 43:20
  We're consuming about the same amount.
• 43:22
  Some countries are even going down a little bit, but the the
• 43:25
  vast majority of the growth will be that the developed nations.
• 43:28
  So the developed nations really have a vested interest to join
• 43:31
  the Bricks Alliance to be able to, you know, be part of that
• 43:34
  mechanism. Do they want to be part of our
• 43:36
  system or do they want to be part of that other system.
• 43:39
  And I think more countries now every day are looking at it as,
• 43:43
  hey, let's join the bricks and and I'm sure they'll be flaws
• 43:46
  and you know there's trust there.
• 43:48
  There has to be trust mechanisms, you know, instilled
• 43:51
  within those marketplaces for them to function effectively.
• 43:54
  But think of it kind of like starting a really old car.
• 43:57
  You're tuning it up, maybe it's it's got a carburetor, you got
• 43:59
  to clean it, you got to go through it all and then finally
• 44:01
  you go to start it and it's, you know, you know, it's really
• 44:04
  hard. It's that's where we're at right
• 44:05
  now with that particular market where they're starting something
• 44:09
  that's antiquated, that hasn't been used in a long time, that
• 44:12
  basically there's a whole new generation of of mines that I've
• 44:14
  never really. They're like, oh, what's this
• 44:17
  old barbaric relic? Even, you know, folks within the
• 44:21
  industry I work in? It's it's just trying to teach
• 44:23
  them about here's what it can do.
• 44:25
  And, you know, but I'm, I'm, you know, I'm excited to see how
• 44:29
  that plays out. I hope the United States can
• 44:32
  beat bricks to the punch and say, hey, you know what, we're
• 44:33
  going to make our own system. We're going to make it better,
• 44:35
  and we want to maintain the reserve currency.
• 44:38
  Do I think that's going to happen?
• 44:40
  Imminently. Probably not.
• 44:42
  You know, it is, especially with the government that that is
• 44:45
  currently running the show. Now, if they're depending on
• 44:47
  what happens next year, then all bets are off.
• 44:50
  If great ideas come to the table and we can actually start fixing
• 44:54
  this country again, we can save our Republic.
• 44:56
  Yeah. Yeah, yeah.
• 44:57
  And you know, I'm not speaking for Dan when I say this.
• 45:01
  I'll speak for myself. But I have a suspicion that you
• 45:04
  you share this. You know we're we are critical
• 45:07
  of what's currently going on in our country and and I think that
• 45:13
  at least for myself when I say that like I'm I'm AI consider
• 45:18
  myself to be a very patriotic American more patriotic though
• 45:23
  like in the form of what our founding fathers had envisioned
• 45:27
  for our country and not necessarily what seems to have
• 45:30
  happened in let's say the last 50 years and some of the
• 45:34
  decisions and actions that have occurred by our current
• 45:39
  politicians. But I do consider I'm AI mean I
• 45:41
  love America and I want you know I I think back to like pre 1971
• 45:48
  in in periods in our country's past when we were using gold and
• 45:52
  silver as money that we had a lot of success and and that it
• 45:56
  saddens me and you said this earlier you have you have
• 45:58
  children I have children will have grandchildren I want my
• 46:01
  kids to live in a in a fair just world where where where that
• 46:10
  that's maybe free from some of the manipulation that we've seen
• 46:13
  in the last manipulation and illusion that we've seen in the
• 46:17
  last several decades. Yeah and it takes one person at
• 46:21
  a time and and I do believe that one person can change the world
• 46:24
  and it's just really about sharing ideas that are that are
• 46:27
  worth sharing at the end of the day.
• 46:28
  And you you took a risk to start your channel and now it's
• 46:32
  morphed into what it is and you know you'll you'll keep going
• 46:36
  along as you said you're going to be online every day until the
• 46:38
  day you die. So I'm trying to help and and
• 46:41
  you are you're on every day So it's a it's a blessing to have
• 46:44
  you here and you know now that we're all in the this virtual.
• 46:48
  World. I hope we get to meet up
• 46:49
  someday. Come visit my basement and we'll
• 46:52
  hang out, have a cup of coffee and if I make my way to Saint
• 46:55
  Louis, I'll swing by. Absolutely.
• 46:57
  You're you'll be, you'll you'll be a an honored guest here in
• 47:00
  the basement. Dan and I get a lot of Flack.
• 47:03
  I've actually had made several friends up in your area because
• 47:06
  I say New Hampshire and it's New Hampshire, correct?
• 47:10
  It depends, yeah, New Hampshire. If if you're from the if you're
• 47:14
  from the Mingya Merrimack Valley, which is where my
• 47:17
  ancestors have lived for last 150 years.
• 47:20
  Or it could be the proper New Hampshire.
• 47:22
  But it's definitely not New Hampshire.
• 47:24
  Well, you know. You know you know me.
• 47:26
  I'm in the basement. I am Mr. Prim and Proper.
• 47:29
  So I'll. I'll make sure I practice my
• 47:30
  pronunciation on behalf of everyone who's joining us right
• 47:35
  now. Right 'cause it's you and I
• 47:36
  talking, but there's a viewer here as well, and I know on
• 47:39
  behalf of them, Thank you. This has been a great
• 47:42
  conversation and we'll look forward to doing it again in the
• 47:46
  future. I'm gonna put contact
• 47:49
  information up on the screen a couple times during the video
• 47:51
  where they can go to your website if they wanna reach out
• 47:54
  to you. You're a wealth strategist, a
• 47:56
  wealth preserver, and I know there's a lot of people out
• 47:59
  there who are, who are, you know, confused and scared right
• 48:03
  now. And you know, hopefully after
• 48:06
  listening to us talk, they've got a little clearer view on
• 48:08
  what, what's going on. Yeah, there's a lot of confusion
• 48:11
  out there. Happy to talk to anyone about
• 48:12
  anything. If you have a question about
• 48:14
  what should I do with my savings or I'm I'm just here to talk to
• 48:17
  you not as a financial advisor but just as a human.
• 48:21
  You know, we need to bring that human element back And you know,
• 48:24
  by by removing my Series 7 from the equation, that's really been
• 48:28
  able to bring that human status back and not a robotic status.
• 48:32
  You know, you as God says you can only serve God or mammon.
• 48:36
  And you know, I chose, I've chosen to serve God.
• 48:39
  And so at the end of the day, I'm following my heart with
• 48:42
  which is the truth which is a person, not not an idea.
• 48:45
  But yeah, I'm. You know, I'm open to talking to
• 48:49
  anyone. Again, it's Daniel tinkum.com.
• 48:51
  There's a spot where you can send me a message, you can type
• 48:54
  away or just have me, you know, give you a call.
• 48:57
  Happy to set up a time to talk. If you're interested in, you
• 49:00
  know, the hard asset movement, if you want to talk about oil
• 49:02
  and gas or if you're an accredited investor where your
• 49:05
  net worth is at least $1,000,000 excluding your primary
• 49:09
  residence. Our minimum investment is 50,000
• 49:12
  and I'm happy to send you some information our presentation.
• 49:17
  And PPM if you'd like as well, sounds great.
• 49:19
  Dan, we'll we'll look forward to talking to you soon.
• 49:22
  Thank you. Thanks, Ron.
• 49:24
  It's a pleasure.