Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡Silver Price ALERT!: Critical Info Every Investor Must Hear! (Gold NEWS Update + Robert Kiyosaki)

Transcript

⚡Silver Price ALERT!: Critical Info Every Investor Must Hear! (Gold NEWS Update + Robert Kiyosaki) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  Unbelievable developments right now in the precious metals
• 0:05
  markets, the silver price, the gold price, just getting
• 0:09
  started. We're going to look at the
• 0:10
  reasons why. We're going to look at examples
• 0:13
  why we can confidently say that's the case, but we're also
• 0:18
  going to look at a big warning from Robert Kiyosaki and a
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  hidden message in his warning that tells us we're in good
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  shape when it comes to silver and gold.
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  The best shape we're in right now is that you're joining me
• 0:31
  down here in the basement. I really appreciate you choosing
• 0:35
  to be here. I hope you feel like you're part
• 0:38
  of the community, part of the basement.
• 0:39
  Please subscribe to the channel, leave a comment in the comment
• 0:43
  section. Give us an opportunity to learn
• 0:46
  from you and please come back and join us.
• 0:48
  Let's get started by some big news on Friday when it comes to
• 0:52
  silver. It was the highest monthly close
• 0:55
  ever for the silver price. Why does that matter?
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  I'm going to show you right now, very important that we take a
• 1:02
  look at this wonderful piece of artwork that is the a cup and
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  handle pattern that we have in silver.
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  And guys, remember this pattern, right?
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  Here's the cup. Starting back in 1979 when we
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  had around $50 silver forming a big cup, going all the way up to
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  2011 where we went through a little down period, right?
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  We went through the desert and created a handle.
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  So as you can see, right here's the cup, here's the handle.
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  OK, remember something very critical.
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  This is one of the most reliable, one of the most looked
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  at technical analysis chart patterns in the world.
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  In the longer the period of time that the pattern forms over, the
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  more reliable, the more predictable, the more powerful
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  the breakout is. And when we look right here,
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  let's draw one more time. And like we just said, this is
• 2:02
  weekly closes. But as you can see right here,
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  we broke out and we should continue to go higher and higher
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  and higher. Now look, all that's great, but
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  we've got other big, big major developments, as you probably
• 2:19
  have already heard ad nauseam, going on in the paper markets at
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  the COMEX in the United States of America, in the LBMA, the
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  London Bullion Market Association in London.
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  Big dislocations, big problems, backwardation is back when.
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  What that means, right, is that right now in the futures market
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  in New York, silver is more expensive than it is in the spot
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  market. The last I checked it was about
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  $0.50. That tells us something very
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  important and that is that people are worried about getting
• 2:54
  their hands on the physical silver.
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  Let's look at a couple big examples that show also that
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  what's happened in the last week or so has been nothing more than
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  a papering over over, pardon the pun, of the problem.
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  Let's go out and take a look at a couple great pieces of
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  evidence. This first one comes to us from
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  Eric Yuong, King Kong 9888. He says also the Shanghai Gold
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  Exchange and the Shanghai Futures Exchange silver vaults
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  combined now have less than 1600 metric tons, only around 51
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  million Troy ounces of physical silver.
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  Robert Gottlieb just said that the LBMA needs at least another
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  120 million Troy ounces of silver to get back to normal
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  normalcy. Good luck, LBMA, and why are we
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  wanting to pay attention to this?
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  Very simply, guys, they are papering over the problem.
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  I'm hearing reports that by December, the the hens could
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  come home to roost, let's say, for the LBMA.
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  They've been doing this for years.
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  They've been doing this for centuries.
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  But the big key thing we want to remember is the fact that at the
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  end of the day, right, they've manipulated the price of silver
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  down over and over and over, and they can only last for so long.
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  It's like holding a beach ball underwater.
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  Let's go out to another piece of evidence that shows us that
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  there's stress out there in the markets and make sure we got you
• 4:31
  on the right screen, which we do.
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  Another one from King Kong 988. This he's points out that Bruce
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  Ikamizu, David Jensen and my China sources are all saying the
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  same thing. The LBMA is literally living on
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  borrowed time via least physical silver and they will have to
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  that they will have to return this time.
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  This time they're doing it in a deteriorating physical silver
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  supplies condition. What's critical about this is
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  and we let's look at what Bruce said here.
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  Bruce pointed out about the contango and the backwardation,
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  but he said but the deficit of silver in the silver market is
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  still there and upward price pressure stay for a long term.
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  What they are pointing out is that they can paper over the
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  problem all they want, but we know there is a structural
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  deficit in the silver market right now.
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  And when these hens come home to roost, when the beach ball comes
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  up from being held underwater, we could see silver prices like
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  we could only imagine. Next, let's go to see what
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  Robert Kiyosaki is saying. He's putting out a big, big
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  warning. Now, remember, Robert Kiyosaki
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  is a very wealthy man. He's also a best selling author
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  of books like Rich Dad, Poor Dad.
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  And he's saying something, giving us a big warning, but
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  also a message about gold and silver.
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  Let's head out to his post and here we go Robert Kiyosaki puts
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  this out just two days ago massive crash beginning millions
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  will be wiped out protect yourself with silver what's he
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  put first in the list notice that gold Bitcoin and Ethereum
• 6:26
  investors will protect you take care so there's a lot of talk
• 6:31
  right now about a potential for a crash in the market.
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  We know just how screwed up everything is is out there.
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  But what he's telling us, right? And there's also there's also a
• 6:42
  lot of chatter right now about this Hindenburg OMEN, which is a
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  a big crash indicator OMEN that compares the number of stocks
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  that are hitting 52 week highs to the number of stocks hitting
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  52 week lows. But what's the hidden message?
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  What's the message from Robert Kiyosaki?
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  It is protect yourself with silver and gold.
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  Next, we have big stories, four of them from around the world
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  that tell us these are examples showing us that this historic
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  move in metals, this new paradigm that we are in right
• 7:15
  now is only in the beginning, only gaining steam.
• 7:19
  Before we do that, I do want to say thank you to channel sponsor
• 7:22
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  Basement and allowing us all to get together.
• 8:23
  Now, let's go for a little trip around the world because
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  remember, silver, gold, those are worldwide assets everywhere
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  in the world. We're not just talking about
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  certain countries where they're valuable.
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  They're valuable everywhere. They're worldwide markets.
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  They're old markets. And we are getting some
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  astonishing stories from all around the world.
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  Let's go out here and look at this one from the Moscow Times
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  headlines. Russians snap up record amounts
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  of gold as sanctions reshape their savings habits.
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  And I'm seeing all types of different charts and, and
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  information about this. But basically, the Russian
• 9:02
  people had been buying up gold like there is no tomorrow.
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  Let's go out to our next one here.
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  What about the world central banks?
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  And this comes from Bloomberg. OK, Wall Street map, even with
• 9:15
  gold prices at $4000 per oz all time highs, central banks
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  continue to buy more. What's going on?
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  What are they prepare, preparing for?
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  It's a mystery. Ha, ha.
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  Not really. They know.
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  And again, this comes from Bloomberg, right, the mainstream
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  of mainstream media. And the headline says simply,
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  central banks step up gold purchases despite record high
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  prices. And you know, what's good for
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  gold is good for silver. And what about China?
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  Oh, I'm sure China's slowing down, right?
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  Let's watch this great video that gives us some insight into
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  what is going on at the Chinese gold and silver markets.
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  This is the Shenzhen Shubai Gold market on Saturday, just
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  yesterday around 5:00 PM, crowded with shoppers as usual.
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  All right, let's take a look at this.
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  I. All right, guys, And what else?
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  Right. So like he says, the flow of
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  people is increasing everywhere in the world.
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  People are buying gold, people are buying silver.
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  We got so much more. What about one more from King
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  Kong? Who tells us simply this?
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  Because we've already covered Russia, we've already covered
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  China, we've covered the world central banks.
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  Now King Kong 9888 says this. Wow, good luck, LBMA.
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  Get ready to get wrecked. Here's a statement.
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  My friend who has a lot of contacts with central bankers
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  just told me the Gulf cooperation countries, Saudi
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  Arabia, United Arab Emirates, Kuwait just bought another 33.5
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  billion of gold this morning and at the Bank of Korea bought 8
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  billion. He used to deal in US trip
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  treasuries with these guys. So guys, everywhere throughout
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  the world, we're getting these unbelievable stories, but
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  believable in factual stories that the world, the world is
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  moving. This is not just a United States
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  thing, really, it barely is a United States things.
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  This is a worldwide move into precious metals.
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  Next we're going to look at a headline big article from Time
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  magazine. Remember Time Now, who reads
• 12:21
  Time magazine? We'll talk.
• 12:22
  We'll talk about that. I'll give you a hint, but before
• 12:27
  we do that, I also want to say thank you, the channel sponsor,
• 12:30
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  investor relations, Paul Morris, at paul@firstmininggold.com.
• 13:02
  What if Time magazine is putting out articles about gold?
• 13:07
  Right, Who reads Time magazine? Look, they're the people who
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  generally don't invest in gold and silver.
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  But what it's telling us is something very important, and
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  that is that the mainstream media is now starting to cover
• 13:22
  the gold and silver movement and doing it in a big way.
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  Let's go out here to Time where we get the headline.
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  Ray Dalio. Gold is the safest money.
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  We've covered all of this ad nauseam, guys.
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  But the big take away here, right, is that the US dollar is
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  going down in value and that things like gold and silver are
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  going to help protect all of us as we move into the coming
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  months, quarters and years. But who reads Time magazine?
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  Because remember, only what about two out of 100 people in
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  the United States actually invest in physical gold and
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  silver. It's those other 98 people out
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  of 100 who don't. What do we refer to those people
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  as? They're the sheeple.
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  You got to excuse me, I've been battling a little bit of an
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  illness, so my sheeple voice instrument isn't quite as sharp
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  as usual. But when these people come into
• 14:26
  the precious metals in the United States, and I believe
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  it's bound to happen, it is going to be a flood.
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  It will be. There will be no more silver, no
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  more gold at your local coin shop, right?
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  People will be scrambling to find the precious metals.
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  Now, look, I don't have a crystal ball, but I've been
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  following the sector for decades and that's what I see happening.
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  Always do your own research. Always do your own due
• 14:53
  diligence. Remember, I'm not a financial
• 14:55
  planner, but I am your friend down here in the basement who we
• 14:59
  are together on a wild, wild, fun ride when it comes to
• 15:03
  precious metals. OK?
• 15:05
  I'm going to look forward to seeing you back here again in
• 15:07
  the basement. Don't forget, please subscribe
• 15:09
  to the channel, be good to yourself and I'll look forward
• 15:12
  to seeing you. Yes, you.