Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 🚨 ALERT - SILVER Just had a MASSIVE Change... ($70 Potential)

Transcript

🚨 ALERT - SILVER Just had a MASSIVE Change... ($70 Potential) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  The silver price could easily hit $70 per oz within the next
• 0:05
  12 months. What do you think about that?
• 0:07
  In this video, I'm going to share with you the reasons why I
• 0:11
  believe that by April 1st, 2026, we could easily see silver at
• 0:18
  $70 per oz or higher. Hey everybody, it's Ron from
• 0:22
  Ron's Basement live on the log flume.
• 0:24
  Say hi girls. Thanks for joining me here in
• 0:33
  the basement. Look, this is not possible
• 0:35
  without you, the viewer. I hope you feel at home.
• 0:38
  I hope you feel like you found a new friend here in the basement.
• 0:42
  Please like this video, subscribe to the channel, share
• 0:45
  it with everyone you know because we love to talk about
• 0:49
  silver. I've often called silver the
• 0:51
  original cryptocurrency, the physical version of
• 0:56
  cryptocurrency. And when I look at the next 12
• 0:58
  months, I am highly encouraged by what I think will be major
• 1:03
  moves in the silver price. Let's go over all the reasons
• 1:06
  why in this video, and let's get started by talking about
• 1:10
  manipulation. We know, right?
• 1:12
  Silver's been manipulated for decades.
• 1:15
  But get a load of this data that came out from Friday.
• 1:19
  Our friend the dude over at Twitter tells us that on Friday
• 1:25
  the silver market traded 745,000,000 paper oz.
• 1:31
  Guys, that is insane. Think about that.
• 1:35
  The entire mine output for an entire year, all the mining
• 1:39
  companies, all the silver mining companies in all the world
• 1:44
  produce about that much silver. And in one day, the electronic
• 1:50
  exchanges at the COMEX and the OBMA, the London Million Market
• 1:54
  Association, trade a whole year's worth of physical silver
• 2:00
  production in one day. And you're going to tell me that
• 2:04
  the price is not manipulated and that that's not going to have an
• 2:07
  impact as we move forward and maybe some of these shorts get
• 2:12
  squeezed a little bit. We know the other fund
• 2:16
  fundamental underlying demand reasons why silver will go
• 2:20
  higher and higher. We know about the deficit.
• 2:23
  We're not even covering that in this video.
• 2:25
  You are already know that more silver is demanded and consumed
• 2:30
  way more hundreds of millions of Oz every year than the mining
• 2:34
  sector can provide. But the dude is telling us, huh,
• 2:39
  in one day, the electronic exchanges traded as much silver
• 2:45
  as is produced in one year. It's absolutely crazy.
• 2:49
  Now, if we want to put our macroeconomics hats on, it gets
• 2:52
  even more interesting. Let's talk about two periods of
• 2:56
  time when the silver price absolutely exploded.
• 3:01
  And the reason why when we compare it to today, we have
• 3:05
  every reason to be super, super optimistic.
• 3:09
  The first one is everybody. Now, Now look, hey, those of us
• 3:13
  basement dwellers, those of us have been hanging out here in
• 3:16
  the basement for a while now. We've been talking about
• 3:18
  stagflation for over a year. But now the mainstream media is
• 3:23
  talking about it. Here's the bottom line on
• 3:26
  stagflation, guys. We are in stagflation.
• 3:29
  We have a stagnant economy, right?
• 3:34
  Even those government numbers, they put out those accurate
• 3:39
  government numbers. We know even they're saying that
• 3:42
  the economy is stagnating. But the inflation side is very
• 3:46
  scary because we already have inflation right now.
• 3:51
  But we also have an environment where the President Donald Trump
• 3:55
  is, is, let's say, providing some strong encouragement to our
• 4:00
  old friend Jerome Powell, the Federal Reserve, to cut interest
• 4:03
  rates. And on top of that, when they
• 4:06
  cut interest rates, that'll make inflation shoot up.
• 4:09
  But the bone is cherry on top of everything else is also we have
• 4:13
  these massive tariffs that are also going to be putting
• 4:17
  massive, massive amounts of new inflation into the system.
• 4:21
  So we have stagflation. I almost forgot to tell you
• 4:24
  here. Let's go.
• 4:25
  Look, here we are looking at a long term chart of silver.
• 4:30
  All right, let's draw on here for a second.
• 4:33
  We'll just use red. This is a chart that starts
• 4:37
  around the 19 early 1970s. As you can see, the silver price
• 4:42
  absolutely exploded during that period, hitting that what, 1980
• 4:47
  high of about $50 per oz, but it started around a dollar or two
• 4:51
  per oz. We had a massive upside movement
• 4:54
  25 times or more for 45 knows, whatever it is.
• 4:58
  It was massive. Not not 45%, not 25 percent, 25
• 5:03
  times. And that's a very similar
• 5:05
  environment to what we are in right now with stagflation.
• 5:10
  But let's talk about something else that a lot of people don't
• 5:13
  like to talk about. But Jim Cramer, yeah, the Kramer
• 5:17
  guy, not a big fan personally, but I think he makes a very good
• 5:21
  point. And this has everything we give
• 5:24
  you. The reason why this has
• 5:25
  everything to do with another big factor why the silver price
• 5:29
  is bound to take off. Hexep.
• 5:31
  What did I say, $70 per oz? Let's say $85 per oz.
• 5:36
  That's what we had that silver bear blindfolded at Jim Cramer
• 5:41
  is saying. And what does this have to do
• 5:44
  with silver? Investors should follow
• 5:47
  thepost.com bubble playbook. OK, Why is that important?
• 5:53
  That's very important because whenthe.com bubble burst around
• 5:58
  2001 through 2011, OK? Which is what Kramer is saying
• 6:03
  we should be playing because it's very similar to what's
• 6:05
  going on right now. The price of silver went up
• 6:09
  magnificently from like $5.00 an ounce again all the way to $50
• 6:14
  per oz. You don't believe me?
• 6:15
  I'll give you some proof. Here's 2000, 2001, all right?
• 6:21
  And look at what silver did during this period.
• 6:24
  Here's here's about 2001 and here is 2011, very similar again
• 6:32
  to the situation we're in. And silver went up about 10
• 6:36
  times from about $5 to $50 per oz.
• 6:41
  Are you seeing a steady repeating pattern here, guys?
• 6:46
  We are moving into an environment where it's hard to
• 6:49
  imagine that the silver price doesn't go higher.
• 6:53
  All right, What about the gold to silver ratio?
• 6:56
  Let's take a look at that look that measures how many ounces of
• 6:59
  silver it takes to get one ounce of gold.
• 7:02
  Are you willing? Are you, are you willing to part
• 7:05
  with 100 ounces of silver, 100 of these, right, To get one
• 7:13
  ounce of gold because that's what it takes right now. 100 You
• 7:17
  know my favorite, right, Huh. The Krugerrand.
• 7:21
  South African Krugerrand. Isn't that beautiful?
• 7:24
  Isn't that this? Oh, don't we love silver?
• 7:26
  I love silver. I don't have hardly have any
• 7:29
  physical gold in the silver that I do have.
• 7:32
  I don't keep here at the house, but I keep a couple pieces
• 7:34
  around because we love silver. Are you going to trade 90 or 100
• 7:41
  of those for one ounce of gold? The gold to silver ratio is so
• 7:46
  stretched, guys, it's like this. Remember, Remember, if this is
• 7:50
  the gold price and this is the silver price and this is an
• 7:54
  elastic band, it has been stretched and stretched and
• 7:58
  stretched. And I'm telling you, there's a
• 8:00
  lot of tension in that. And historically, what it's been
• 8:03
  around 30-40, you know, I mean, there's only 7 ounces of silver
• 8:08
  mined for each ounce of gold. So when this tension, right, is
• 8:12
  let free, we could have a slingshot move with the price of
• 8:18
  silver. Here's an article from Kitco,
• 8:20
  our good friend Niels Christensen.
• 8:22
  The gold to silver ratio hits A5 year high above 100 points as
• 8:28
  economic fears drag down the silver price.
• 8:32
  Like this temporary move down that we saw in silver.
• 8:36
  I think it's just that temporary, OK.
• 8:38
  I think when we look at all the factors involved, everything
• 8:41
  going on that we are in for much, much higher silver prices.
• 8:46
  Let's go back to that chart one more time because there's one
• 8:49
  more big reason why we can be optimistic about silver.
• 8:54
  This right that we've been looking at this long term chart
• 8:57
  of silver shows the cup and handle formation that's been
• 9:01
  forming for like what, 45 years? For those of you that don't
• 9:05
  know, here's the cup and here's the handle, and we're about
• 9:11
  right here, right now. Now, this pattern, the cup and
• 9:15
  handle pattern is regarded as being one of the most
• 9:18
  predictable, most reliable in the technical analysis field.
• 9:22
  The longer period of time that the cup and handle forms over,
• 9:26
  the more powerful and predictive it is.
• 9:29
  You don't get much longer than 45 years.
• 9:33
  People look at cup and handle patterns on a monthly basis, a
• 9:36
  yearly basis, but when you're looking on a multi decade basis
• 9:39
  like we are, this is a very, very optimistic prediction that
• 9:45
  what we'll eventually see is the silver price way up here.
• 9:50
  See that over there? That says 180, right?
• 9:53
  So that's what we have to look forward to in silver.
• 9:56
  I believe when you take everything together, compare
• 9:59
  where we are now to the 1970s, compare where we are now to
• 10:03
  thepost.com bubble, compare and consider how manipulated the
• 10:07
  silver prices. I mean, for crying out loud, in
• 10:10
  one day they trade as much electronic silver as the entire
• 10:18
  the mining sector produces over the course of a year.
• 10:20
  Are you kidding me? Am I?
• 10:22
  Am I dreaming? Is this really going on?
• 10:25
  Right? We got a long term cup and
• 10:27
  handle formation. We've got the gold to silver
• 10:29
  ratio stretched into record territory in 12 months, I
• 10:36
  believe don't make any financial decisions based on anything I'm
• 10:40
  saying. But in 12 months, I believe that
• 10:43
  we're going to look at $70 silver, maybe $85 silver, maybe
• 10:48
  even higher and realize that right now, right this short term
• 10:53
  pain that we've been feeling in the silver market when we
• 10:56
  dropped from 35 down to 30 was just that, hey, I could be
• 11:01
  wrong. I am like 28% of the time, but I
• 11:04
  feel very strongly about this prediction.
• 11:07
  Again, not financial advice, but I will give you this piece of
• 11:11
  advice. If you enjoy coming here to the
• 11:13
  basement, I want to, I want to invite you to come back again
• 11:17
  anytime. We love to talk about all kinds
• 11:20
  of things, silver, gold, crypto, macroeconomics, subjects, but
• 11:26
  most importantly, we like to come together.
• 11:28
  You're part of the family, you're part of the tribe when
• 11:31
  you're here, OK? Take care of yourself and I'll
• 11:34
  see you soon.