Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 ALERT - SILVER Just had a MASSIVE Change... ($70 Potential)

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🚨 ALERT - SILVER Just had a MASSIVE Change... ($70 Potential) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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