Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **SILVER Investors** You Best PAY ATTENTION to This! ⛩️⛩️ (Gold Price Also)

Transcript

**SILVER Investors** You Best PAY ATTENTION to This! ⛩️⛩️ (Gold Price Also) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:00
Massive big moves in the silver price this week, but there's
0:05
also massive big stories developing in the precious
0:09
metals world in specific to silver that when we put it all
0:14
together, creates an unbelievable great environment
0:18
for the silver price and the gold price as we move into the
0:23
end of the year. We're going to cover all of that
0:26
in this video. The reasons why the examples,
0:29
right, it's not just the United States guys, it's a great big
0:33
world and we look at what's going on out there and put it
0:37
all together. It is absolutely astounding,
0:42
exciting. You'll be blown away, you'll be
0:44
startled, you'll be rattled. You'll be all of that in more.
0:48
Thank you for being here. You are the most important part
0:51
of Ron's basement. Please subscribe to the channel.
0:54
Super Chad. Super thanks.
0:55
Are I super appreciated? Never expected.
0:58
And Oh yes, please give this a thumbs up so we can get the word
1:02
out. More basement dwellers.
1:03
The more basement dwellers we have, the more people who are
1:08
safe and sound and the more people who are protecting
1:12
themselves, buying silver and gold.
1:14
And I have a surprise for you at the end of the video, guys,
1:18
we're going to open this box. Check this out.
1:21
You'll never guess what's in here, but I'm going to do a
1:25
giveaway on December 30th of this year, the day before New
1:30
Year's Eve and you could win what's in that box We'll talk
1:33
about that at the end of the video Let's get into this
1:36
exciting news in the world of silver right now.
1:40
Let's start. We're going to go all around the
1:42
world because guys, it's not just the United States.
1:45
Silver is a worldwide market. Silver has permeated every
1:52
single inch of the earth. So when we think about the
1:57
silver market, yes, it's Indian farmers, yes, it's Chinese
2:03
people who work. In fact, it's everywhere.
2:06
It's Russia, it's South America, it's Australia.
2:09
You guys are joining from all over the world.
2:11
It's a big, big market. It's very important that we
2:15
recognize that. But why China is so important,
2:20
right? We know China from an industrial
2:22
perspective. Their usage of silver is
2:26
absolutely astounding. Solar panels, electric vehicles,
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they have all these electric vehicle companies that we have
2:34
never heard of. Your average American, I forgot
2:37
the name of the big one, TSM or BYD or something like that.
2:42
They're using unbelievable amounts of silver.
2:45
It's no wonder that the Chinese are going directly to Mexico,
2:50
right, to get silver concentrate so they can bring it over to
2:54
China, They refine it. The silver market is exploding.
2:58
The demand for silver is exploding in China.
3:01
And we know, right? We know what happened on Friday.
3:04
A big part of the reason why we had that massive move up $2.00
3:09
per oz in silver on Friday, a big part of that reason was
3:16
because there was optimistic Chinese economic data.
3:22
It came in a little better than expected.
3:24
And just that little bit sent shock waves through the silver
3:29
market in particular, but also copper and gold.
3:32
OK. And now people are thinking,
3:35
though, that those numbers weren't even good enough and
3:38
that the Chinese government will do more and more stimulus, more
3:43
and more money printing, more and more debt, whatever you want
3:46
to call it, guys, that's happening.
3:48
But that's not the big story out of China because the big, big
3:54
story about silver in particular in China is this.
4:05
This came from Peter Croft. Peter Croft is the the guy that
4:09
wrote the book on silver. I have it right here.
4:13
It's called the great Silver Bowl.
4:15
He's recognized as an authority on the silver market, and he
4:19
points this out from Citibank. OK, It talks about how
4:25
Citibank's bullish on silver. Oh, they're only calling for a
4:29
$40 per oz price next year, mid 2025.
4:35
And make sure I got you guys on there, which I do, he says.
4:39
Oh, yeah, of course. It's unique exposure to both
4:42
sides of the bifurcated China economy, energy transition and
4:47
OK, this is the interesting part.
4:49
And more recently, an increase in retail silver demand,
4:59
potentially as a store of value against the backdrop of a weak
5:05
local property market. They're having a housing crash
5:08
in China, sluggish consumer sentiment, and already record
5:12
high gold prices. Woof, that's a lot.
5:16
But I want you to think about this.
5:19
There's a lot of people in China, 1.4 billion people,
5:24
almost four times the amount of people, more than four times the
5:28
amount of people that are in the United States.
5:31
Yeah, what right, right. We have three 330 million * 4
5:36
would be what, thirteen, 1.3 million anyway, China has 1.4
5:44
billion people, four times the amount of people in the United
5:47
States and it's. We know the energy thing, we
5:49
know solar, we know EV. But just recently, retail silver
5:54
demand OK in China because gold's too expensive, because
6:00
their economy's in trouble, because people don't trust the
6:04
banks. I talked to Chinese I where I
6:07
work at night, there's a lot of Chinese people that are doctors
6:10
that are here doing high level Anyway, I won't go into that.
6:13
But when I talked to them about the situation in China, they're
6:16
all like, oh, it's bad, It's bad.
6:19
I talked with John Lee, the CEO of Silver Elephant Mining right
6:23
there. Where is it?
6:24
Silver elephant, the elephant in the room.
6:28
He says when he talked to people in China that it was things were
6:31
challenging there. It's been a few weeks.
6:32
I think I got that right. Anyway, I can tell you I talked
6:35
to Chinese people, smart, successful, with great English
6:39
skills on a regular basis. Things are screwy in China and
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they all confirm for me, right? My friend Chen Len.
6:48
Chen Len. He says all around, we people in
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China love gold and silver. They love it because paper pay.
6:55
How does he say it? He says so funny.
6:56
Paper money. Paper money.
6:59
The Chinese are just like us. They're smart, OK?
7:02
And they're starting to buy silver.
7:03
And we've had reports that the Chinese government is even
7:08
encouraging the people. This could create a tidal wave
7:13
of demand for silver. OK, Now it's not just China
7:18
because we can go to Russia. OK, what about Russia?
7:21
This massive news story that the Russian government, the Russian
7:26
government is going to buy silver.
7:29
And it was like an official release from the Russian
7:32
government. Here we have from the Silver
7:34
Academy. Russia is adding silver to its
7:36
reserves, squeezing dwindling silver supplies.
7:40
Russia strategic move, adding silver to reserves to capitalize
7:45
on global supply shortages. Russia Central Central Bank
7:48
recently announced plans to purchase silver as part of its
7:50
reserves, a decision that could have significant implications
7:54
for the global silver market. Look at that.
7:58
Isn't that a cool picture? Look at oh, you got to love
8:02
silver. I love to look at it.
8:05
I, I actually prefer, I know gold is way more valuable.
8:09
I take a gold coin from you before I take a silver coin.
8:11
But I think silver personally is pretty.
8:15
This is particularly noteworthy given Russia's ranks as the
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world's eighth largest silver producer.
8:22
Did you know that that's a big deal?
8:24
With an annual output of almost 40 million oz, the decision to
8:28
accumulate silver, we'll have massively positive and explosive
8:33
impacts on the silver market and in red.
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This is the important thing. First and foremost.
8:40
This acquisition is likely to drive up silver prices
8:43
substantially, with some analysts predicting an increase
8:47
of 50% or more than the next year.
8:51
That seems a little high to me, but, and let's emphasize that's
8:54
speculation. Although Citibank is calling for
8:58
$40 silver in 2000 24, the global supply of silver is
9:03
already struggling to to meet rising demand and Russia's
9:07
purchases could further tighten and already curtailed market.
9:12
The big thing here is that historically, yes, there have
9:16
been countries that bought silver and gold, no doubt about
9:20
it. OK, but is Russia a leader?
9:25
Will other countries now follow suit and be like, you know, what
9:28
if Russia is strategically stockpiling silver, do we need
9:34
to start? the United States used to have a
9:36
strategic stockpile of silver. We have like a Fort Knox of
9:41
silver. We know there's 8000 tons of
9:44
gold at Fort Knox, although we've never really in our
9:47
lifetime been able to look at it.
9:49
We just have to believe and have confidence, just like we have
9:52
confidence in these things. Paper dollars, right?
9:55
Sure. Anyway, I digress.
9:59
The big deal here is who will follow Russia, and I want you to
10:05
think about this. Russia was kind of the lead a
10:10
couple years ago to start the big D dollarization movement
10:16
that is sweeping the world. We know what's going on later in
10:18
the week with bricks. We're going to talk about that
10:20
later, but this is big news, massive news because when other
10:25
countries follow guys, there is not a big supply of silver.
10:30
Remember that there's been a deficit for the last three or
10:34
four years. More silver is being consumed
10:38
than is being produced, OK. And the amount, right, that,
10:44
that excess amount that's being consumed over what's being
10:48
produced, that would be called the deficit and that's coming
10:52
out of the above ground slush fund, the above ground supply.
10:58
And we know one thing for sure, that above ground supply is
11:02
limited. And every year when they take a
11:05
piece out, they take a piece out, right?
11:08
Eventually that will go to 0. Eventually, the COMEX in the
11:12
LBMA, the London Million Market Association are going to be in
11:16
big, big, big trouble. What about India?
11:20
OK, we talked about China, we talked about Russia.
11:23
What about India? OK, they're over, what, 200
11:27
million? Look, look, this is insane.
11:29
Look at this from from our friend Bobby Costa.
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India imports of silver are at record levels.
11:39
Just take a look at this. India, another 1.4 billion
11:43
people. This is 12 trailing month data
11:47
updated monthly of silver imports.
11:50
India has never imported this much silver ever, ever, ever.
11:55
I mean, look at this, it's like, and it does go up and down, but
12:00
do you see the trend from left to right?
12:04
It is going up. It is at record levels.
12:06
And as India becomes more and more, here's the thing with II.
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Let's go back to that chart. Hold on, I apologize.
12:16
Oh boy, here we are. Are we there?
12:18
There we are. OK, India back back here was
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their economy was, was a fraction of what it is now.
12:27
India's economy is exploding. OK, India right now is what
12:33
China was 15 years ago. Remember like when you thought
12:38
of China 15 years ago, you just thought of like really cheap
12:42
stuff that you bought at the dollar store when everything
12:44
used to only be a dollar at the dollar store.
12:47
OK, India is exploding economically.
12:51
They're going to have more people moving into the consumer
12:54
class than any like 100 million people in the next 5 years.
12:57
Some crazy number. Why is that important to you as
13:02
a silver investor or a gold investor?
13:05
Because Indians love silver and gold, love it like nobody else
13:10
on the planet. I call it the the precious
13:12
metals capital of the world. I know a lot of Indian people.
13:16
My kids go to school. I have Indian people live in my
13:19
neighborhood. Wonderful, nice people, very
13:21
smart. But what I like most about them
13:25
is their love of precious metal. So is you're talking 100 million
13:30
people, that's a third of the United States of America, 100
13:36
million people moving into the consumer class.
13:39
Not only will they be have discretionary income to buy
13:42
silver and gold as an investment, as a store of value,
13:45
they'll also be buying automobiles, houses with air
13:50
conditioners and TV's. Guys, think about silver isn't
13:55
all of that. It is happening now on top of
13:58
that with India. It's incredible.
14:03
Not just that, right? And not just all the solar
14:06
panels they're building. They have solar farms the size
14:08
of Paris. I mean it's and don't forget
14:11
each solar panel has 2/3 of an ounce of silver in it.
14:14
I digress. It's even more astounding when
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you realize a long known fact about India.
14:24
Indian farmers, Indian farmers. This is a different 100 million
14:31
Indian farmers love that they use silver as a bank account.
14:36
They use silver as a way to store value.
14:40
I wish I had a a, a grab I could show I'm I'm going to try real
14:43
quickly. Hold on with me here.
14:45
And then we got to open this box for those of you just joined.
14:49
We're going to open this box and you could win yes, you could win
14:54
what's inside there. We're going to do a giveaway on
14:56
December 30th, but Indian farmers, the known fact love
15:06
silver's store value. Now this year I have it on good
15:11
word that there's been a very good harvest for Indian farmers.
15:16
What are they going to do with all that money?
15:18
They're going to a lot of them are going to buy silver.
15:22
OK, Now realize too, and I went into the Indian government
15:27
database and got this. I actually did research on this.
15:30
There's 100 million farm families in India.
15:36
What if each of them buys 4 measly ounces of silver?
15:40
You know, I mean, that's not that much.
15:43
Hey, thank you. Way stacking surfer.
15:46
Great to hear to you, man 76 Subs.
15:49
All right, That is awesome, buddy.
15:52
Thank you. I'll pull down.
15:53
I'm going to pull him up later. What if each of those 100
15:55
million Indian farmers bought 4 ounces of silver?
15:58
You know what that would be, Buttercup?
16:01
It'd be 400 million. I know we do very complex math
16:06
here in the basement. Did I tell you thank you for
16:07
being here yet? Thank you for joining me.
16:10
Please give the video thumbs up, Subscribe.
16:13
And what else? Oh yeah.
16:14
Super chats, PayPal, whatever. Very much appreciated.
16:17
Never expected. I never want you to give any
16:19
money that you can't afford to give back to the Indian. 100
16:23
million Indian farmers here by this much.
16:29
OK, see that? That's 2 oz.
16:32
Here's first Majestic, there's 3 oz.
16:35
And that right, the pocket pair, 4 ounces of silver.
16:40
That's all we need each Indian farmer to buy.
16:44
You know what that represents? Half.
16:47
That's 400 million oz. Yes, 400 million.
16:50
Then it represents half of the entire world's production of
16:56
silver for the entire year. And don't forget, there's
17:01
already a deficit. I mean, it's unbelievable what's
17:04
going on right now here. Look at this.
17:07
And we know. We know that they're importing.
17:09
This is shocking. Get ready to be shocked.
17:13
Sorry. Make gold great again.
17:16
One of my new favorite guys breaking this was from a little
17:20
while back, but still India just imported 45.
17:24
They in August alone, India imported 45,000,000 ounces of
17:28
silver in one month, guys, 45,000,000.
17:32
If you annualize that and then it's not going to be that same
17:35
amount every month, but just for example purposes, that would be
17:38
540 million oz or 65% of the silver mining supply per year.
17:46
Probably nothing he says, right? There's Modi, Prime Minister, I
17:51
guess he's called India's August silver imports are at a rate of
17:55
65%. Just the one month alone is
18:01
absolutely astounding. OK, now we're going to go to
18:06
Mexico. Why does Mexico matter to you?
18:09
You're you're a silver investor, right?
18:12
Damn. Why would you care about Mexico?
18:15
Because most of the silver that you hold in your hand right now
18:20
came from Mexico. Mexico.
18:24
Mexico is the world's leading producer of silver.
18:29
Peru is another big producer of silver.
18:32
But what if? What would it mean if the amount
18:39
of silver coming from Mexico suddenly took a big nose dive?
18:43
Remember, now we're in a situation where the world is
18:46
already demanding a lot more silver than the mining industry
18:51
can produce. We already have a big deficit.
18:56
We already know that there's some explosive potential with
19:00
Russia, China, India, all through any of those.
19:04
Any one of those three things that we talked about could,
19:07
could completely potentially upset the very delicate balance
19:13
that we have in the silver market in the world right now.
19:18
But what if so? Then what if the world's number
19:20
one producer of silver was curtailing, making it extremely
19:25
difficult for new silver mines to be built?
19:28
Had a president who pretty much explicitly has said I'm against
19:34
silver mining what would that tell you I mean do you not feel
19:39
a warm and fuzzy I know you're feeling warm and fuzzy because
19:42
we're all together here in the basement a snap live stream on a
19:46
Saturday night we have 500 basement dwellers.
19:49
Thank you for being here. You choose to be here and I
19:52
appreciate that because you are important.
19:55
If it nobody ever showed up, we wouldn't have this.
19:57
So thank you. On a very serious note, on
20:00
behalf of my. Myself and Suzanne, my lovely
20:03
wife and Co host. Thank you.
20:05
Now let's go take a look at this, see if I can do this
20:11
right. Sometimes we have technical
20:13
problems. There we go.
20:15
That was a funny 1A comment a few days back from one of our
20:19
fellow basement dwellers. He said by Dynamics is working
20:22
in the USAA hundred, 100% of people are paying the inflation
20:29
tax. He meant to say tax all pay tax,
20:32
right? We've all paid.
20:33
That's off subject. Let's go over here.
20:35
We got to get to that picture. I got to get to the graph.
20:38
I'm in Pfc, that's for tomorrow. That's me.
20:44
I got on the roof today. Guys, hold on.
20:47
There we go. All right, here we are.
20:49
This is Mexico's annual silver production.
20:55
Look at what is happening and it's going to keep going down,
20:58
down, down, big time down guys. That's this is the number one
21:06
producer of silver in the in the world.
21:10
And you know what, when you look at Peru, who's another major
21:13
producer of silver, it's going down.
21:16
When you look at the numbers in aggregate all together, the
21:20
entire world mining production, it peaked in 2016.
21:26
I believe it is. We are in for it.
21:29
We what? What that tells us is that if we
21:33
have made this decision to to own physical silver, OK, that
21:40
we're in just like this prime spot right now.
21:43
Think about the next 10 years because it gets even better.
21:47
Hold on, somebody's texting me, make sure I didn't miss
21:50
anything. OK, It gets even better.
21:53
It gets even better, right? Because the where we're heading
21:57
to, all of those factors only point towards a massive
22:01
imbalance in the world between what the world can supply for
22:06
silver and the what the world is demanding.
22:08
Now on top of that, let's talk about something very happy.
22:11
On Friday, we broke above what, 33?
22:16
We're almost at $34 here. Let's go out the channel sponsor
22:20
Pinbacks and get an update. Let's see how much the how much
22:23
the price has changed. And here we are at Pinbacks.
22:27
We're going to press the button. OK, $33.74.
22:34
So on top of that, on top of everything we're talking about,
22:39
and there's more cuz next we're going to talk about the Big
22:41
Short and some very accurate data that I have from Arcadia
22:45
Economics regarding the current state of the short position in
22:49
the silver market. But on top of everything, we
22:52
have broken free. Let me just say, I'm going to
22:55
talk about that, but I want to say thank you to channel sponsor
22:58
Pembex. They make this live stream
23:01
video. Our club, however you want to
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think about it, they make it possible.
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I wouldn't be able to be doing this without the financial
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support of our sponsors, Pinbecks.
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Thank you for sponsoring Ron's Basement.
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But what's most important about Pinbecks to me is how good I
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feel about having them as a sponsor and recommending that
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you give them a chance. Just give them a chance.
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Next time you're going to think about buying silver, gold or
23:27
platinum group metals. To me, it's a one stop shop.
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I bought silver from them before they sponsored the channel
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several, but it to me were big purchases.
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OK and everything went off without a hitch.
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And I always know right to me it's that one stop shop, ultra
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competitive prices, OK, great selection.
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And what really is important guys, is it that it's a company
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that you can trust. And I feel confident telling you
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that it's a company you can trust because I've received
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literally hundreds of emails, overwhelmingly positive, OK,
24:06
from the basement to other community regarding your
24:10
experiences with silver. Now, who knows where this is
24:15
going to go, But what we do know is that we did breakthrough
24:18
guys, we did it, OK? We did it.
24:21
Now next week is going to be crazy and be ready.
24:24
Buckle up, buttercup. OK?
24:26
Next week in the precious metals market is going to be crazy
24:30
exciting. One week from now, are we going
24:33
to be higher? Are we going to be 3536 thirty
24:37
$8 silver? That is very possible because
24:42
everybody said once we broke through that what 32 dollar 3250
24:48
that it was off to the races. There's no overhead resistance.
24:53
It doesn't it that you can talk to the the person working the
24:56
drive through at McDonald's. All right, go up there and pay.
25:00
What's your order? I just have a question for you.
25:03
Is there any overhead resistance in the silver market above $33?
25:07
And the even the, the drive through McDonald's artificial
25:10
intelligence guy would say it's home free baby, we're off to the
25:14
races. I mean, seriously, And it makes
25:18
sense and we've covered that ad nauseam, but let's just
25:22
recognize right now we could be on the cusp, oops, on the cusp
25:29
of some very big, big, big moves in the silver market.
25:33
And what could fuel that? What could really be the rocket
25:37
fuel? A short squeeze.
25:40
Now nobody talks about it anymore.
25:42
Is that a bad word? Oh, no, Am I in trouble?
25:45
Sell for short squeeze. I'm going to give you some data,
25:52
my friend Chris Marcus from Arcadia Economics.
25:55
Most of you know who he is. So he's he's been doing this
25:59
longer than me. He's probably one of the most
26:02
trustworthy, respected people in the silver market.
26:05
He actually started a new sub stack.
26:07
We're going to go out and take a look at this because he has some
26:11
data on the silver market in the short position that we just want
26:16
to see. This is his new sub stack Arcade
26:18
Arcadia Economics Gold and Silver Daily.
26:21
There's a link to it in the description of the video.
26:24
OK, where you can go sign up? He's got a free version.
26:28
He's got a paid version. It's like $910.00 a month.
26:33
To me, this is like the sub stack is like for those of you
26:37
who don't know, it's like the modern version of of a
26:40
newspaper, right? When you would pay for a
26:42
subscription to a newspaper, he puts out like Chris Marcus is
26:48
very well connected with the smartest people in the silver
26:51
market. So he gets some really good news
26:56
that that most people don't get. None the less, OK, this was his
27:01
most recent substat. Gold surges to another record
27:03
high ahead of the bricks meeting.
27:06
Silver jumps over $2.00. We're going to come back to the
27:09
bricks news. Let's go down to silver.
27:11
There's that bricks pay thing. OK, Let's talk about gold very
27:17
quickly. This is from the COT report,
27:20
right? And this is the kind of stuff
27:22
that Chris does. That's the commitment of traders
27:24
report. It shows how the big bullion
27:26
banks are positioned. The bullion banks like JP
27:30
Morgan, Goldman Sachs, all that that was released on Friday
27:34
showed that the banks once again increased their gold short
27:39
position this time by 5000 contracts, just a week after
27:45
reducing by 19,000 contracts. So the gold short went up, but
27:49
we want to talk oops about silver and this is crazy, OK, In
27:58
silver, the banks actually reduced their short position
28:03
over the over the last reporting week.
28:06
Although the four largest traders do remain short over 278
28:14
million ounces of silver. Can we round that up and say 300
28:21
million? Now this is going again, Chris
28:23
Marcus, Arcade Economics. This is the real data.
28:26
There's all kinds of I hear some people say, oh, the bad is short
28:30
600,000,800 million, 400 million.
28:33
This is this is the real number. I feel more confident in this
28:37
number than any, but still, that's a lot. 278, they're
28:41
short, OK? That means they sold that silver
28:45
and at some point they got to cover their shorts.
28:48
They got to buy it back. OK, In a market where he points
28:52
out where the mine supply is likely to come in at or around
28:57
820 million ounces and the overall market is expected to
29:02
run one of the largest deficits yet.
29:05
Even with this, which really honestly is like the most
29:08
conservative, but I think probably accurate representation
29:13
of what the short position is. Hold on behind the scenes, I'm
29:16
doing some complicated math 278 / 820.
29:23
That's still 1/3 guys, 1/3 of the year's annual mine
29:31
production of silver is currently sold short in a market
29:35
like Chris Marcus says where there's a deficit.
29:38
And did I tell you there's a link to his sub stack, his new
29:40
sub stack. It's in the description of this.
29:42
It'll be in all my videos. Help support Chris Marcus.
29:45
He's a great guy. And it's been somebody who like
29:48
from the original silver squeeze has been out there and, and, and
29:52
on top of that, you know, the guy has, I believe, super good
29:57
guy, high quality and like really great quality
30:00
information. But a third of the year of the
30:03
annual mining production sold short.
30:05
Don't forget they got to cover their shorts at some point.
30:08
Basement dwellers. OK, that could be interesting.
30:11
Now let's go back and take a look at this though about the
30:15
bricks meeting, because there was something else that he
30:19
pointed out that I've heard nobody else talk about.
30:22
OK. There's that new bricks Pay and
30:25
there's some people that have posted this picture that you can
30:30
actually use gold on this if they have like all the different
30:33
currencies listed, one of which is gold.
30:37
Very interesting. Here we go.
30:40
All right, yet another significant aspect to the large
30:45
moves is the timing. These talking about the large
30:47
moves that we had in the silver and gold market as this is
30:51
happening with the BRICS Summit now only a few days away, 3 days
30:58
away right now to be exact. Pepe Escobar, excuse me, who's
31:03
been reporting on potential BRICS plans for a gold backed
31:07
payment settlement currency shared an update today in which
31:12
he suggested to be prepared for quote OK, this is Pepe.
31:16
And then we're going to tell you why Pepe Escobar saying this is
31:20
a big deal and why you want to pay attention to Pepe Escobar,
31:24
quote, big news coming next week from Kazan.
31:29
That's the city in Russia where they're having the BRICS Summit,
31:32
where, you know, the president of India, China, Iran.
31:36
We'll all be in Russia meeting with Vladimir Putin.
31:41
Hold on a second here. I got a text from Jake.
31:44
Oh, Arcadia is in the chat. Hello, Arcadia.
31:48
Economics. Always a big honor to have you
31:50
here. So why do we want to pay
31:52
attention? There's the BRICS pay card.
31:55
OK, This is the key. So far, everything else he has
32:00
reported in regards to the Bricks plans has either
32:04
occurred, BeenVerified, or remains on track as a legitimate
32:09
possibility. So this isn't just some guy
32:11
who's out there saying crazy stuff.
32:14
Oh, there's going to be this, There's going to be that.
32:15
No, what he has said has happened.
32:17
And what he did say is be prepared for big news, OK?
32:21
And this, the latest comment indicates that he's still
32:25
expecting substantive updates to be released at the summit.
32:29
So there we go. Well, we got Arcadia in the
32:32
chat. You guys can ask Chris questions
32:34
if you like, or say hello. He's a great friend of the
32:37
channel. Don't forget, I have a link to
32:39
this in the description of the video Arcadia Economics Gold and
32:43
Silver Daily. You can sign up there.
32:46
And let's get back at it here. All right, guys, final thing we
32:50
have to do, I am going to do a giveaway on December 30th of
32:55
what's in this box. OK, I'm going to open it up for
32:58
you and, and we're going to talk about this and why I think it's
33:01
it's something that that I'm gaining interest in.
33:05
I'll leave it at that. So this box has never been
33:08
opened. You're going to have to bear
33:09
with me. Hopefully this won't be too big
33:12
of a cluster bomb. We've had a few of those here in
33:15
the basement in the past. Oh, yeah.
33:20
See, I should have pre opened this, but then it really
33:23
wouldn't be. You can watch me practically cut
33:27
my fingers off. OK, hold on.
33:42
All right. Here it is.
33:43
That's what I thought it was. I'm excited about this.
33:53
Who knows what that is? Get the paper out of the way.
34:01
Paper out of the way. Oh boy, it's wrapped up.
34:04
It's wrapped up like a safe in this, my friends.
34:11
Is The Dirty man safe? You want me to open it up more?
34:17
I'll go ahead. I'll open it up more.
34:18
What the heck? Now, maybe you've seen these.
34:27
I've seen them. They've been around for a little
34:29
bit and I was kind of fascinated by them, saw some videos.
34:34
But you know, the one big thing that I realized as I've started
34:39
thinking about this thing is that you bury this in your yard.
34:47
I'll show you here in a few seconds.
34:50
But very interesting. Oh, wow.
34:53
Wow, This is really this. This is the this is I believe,
34:58
The Dirty girl. They have 3 sizes.
35:01
Dirty man, which is the medium size, dirty girl, which is the
35:06
smaller size, and then The Dirty old man, which is like the big
35:10
one. OK.
35:13
Oh, wow. This comes with all kinds of
35:14
stuff. I know I should have prepared
35:18
more for this. Hold on.
35:23
But and I thought, oh, you know, I could do that myself.
35:27
I could just get some PVC pipe and PVC glue.
35:32
I'm a do it yourself guy, right? As you saw, I was on my roof
35:35
earlier today trimming trees and and I've done some plumbing
35:41
work. I know how to glue PVC together,
35:45
but the more I thought about it and the more I thought about all
35:49
the different parts, and this is actually patent pending as well,
35:55
I became a little more fascinated.
35:57
Wow. OK, so this is the sleeve.
36:01
Let me show you here that goes this.
36:05
This is heavy, heavy duty stuff and there's like some silica gel
36:10
and other things inside here, but let me get the actual safe.
36:14
This is the small one. Wow, this is really cool.
36:21
OK, so dirty man safe. OK, and look at this.
36:33
There's an o-ring on there. I don't know if you can see that
36:36
or not. You probably can now.
36:40
Oh man oh boy look at this man. Welcome to the safe.
36:49
They sent a nice coin here as well.
36:51
I wonder what that coins made of I'll have to do some research on
36:54
that and let you guys know. And here's some coin holders
36:58
very nice. And there's the safe itself.
37:00
Now what I'm why I'm interested. This is this is right.
37:07
This is not gluing APVC pipe with two caps on the end.
37:10
This is is different. And I what would really
37:13
fascinates me about this is the ability to have buried treasure
37:19
in my yard. OK, wow, guys, this is cool and
37:24
like well, let me let me read. Hold on here right.
37:27
So you saw the safe. Here's the sleeve.
37:31
This is heavy duty. That's the lid I'll show you
37:36
real quickly and then I'll, I'll show you some pictures.
37:38
But this you, you bury this in the ground, you dig a hole, bury
37:42
that in the ground, lower your safe in there and then this goes
37:46
on top of that. And when you want to get your
37:49
safe out, you pull it up like this.
37:53
Now, what I've been told is as long as you bury this 12 inches
37:58
below the ground, so your ground would be up here.
38:01
This cannot be detected with a metal detector.
38:04
OK. And that this is like super high
38:06
grade stainless steel #1. It'd be like having some buried
38:11
treasure in the backyard, which is part of the reason why I'm
38:15
kind of fascinated by it #2 it's actually accessible, right?
38:24
I mean, if you don't want to bury it, like if you just want
38:26
to put keys in it or something, like maybe you want to pack it
38:29
full of gold and silver, that's great.
38:31
Then I definitely would bury it 12 inches.
38:34
But if you want to put like keys in there or something that you
38:39
might want to get access to from time to time, I think it's, it's
38:44
just pretty cool. And no, they're not cheap,
38:48
right? No doubt about it.
38:49
But I'll tell you what, I'm a do it yourself guy.
38:52
It would take me, it would I, I could not replicate that.
38:56
And it would take it would take me just a massive amount of
39:01
time. And just the idea that I could
39:04
have some buried treasure in the ark is like, you know, OK, think
39:09
about this as you let's say you have a safe in your house or
39:13
maybe you have a safety deposit box.
39:15
Like I don't store my silver at my house.
39:18
OK, it's at an off site location, right, Because you
39:22
want to diversify. Let's say you're a person who
39:24
has a big safe at your house. Well and you have a safety
39:27
deposit box. Well, then you could also have
39:30
some silver or gold buried in your yard.
39:33
And I can't get over this idea of having buried treasure in my
39:36
yard. Now I am going to bury that on
39:39
the day that I do the giveaway. They sent me a couple of them.
39:43
I get AI got a dirty girl, a dirty man and a dirty number.
39:46
There's 3 sizes. That was dirty girl.
39:49
That's the smallest one. Dirty man's a little bigger,
39:52
dirty old man. But on, on December 30th, I'm
39:55
going to bury one of them and I'm going to give one away.
39:59
But I'm going to bury one in the yard and we're going to bury it
40:02
for one year and then we're going to dig it up one year
40:05
later. So what I want from you is to
40:06
send me an e-mail. Let me know what you want me to
40:08
put in there. I'm sure I'll put a little
40:11
silver in there. Not a lot because I'm going to
40:14
have to bury it and you know, just maybe 1 silver round.
40:17
But anything else that you're curious like how it will last,
40:21
I'd be happy to do that. Let me see here, let me see
40:25
here, here, let me show you quickly.
40:27
Here's their website. There it is.
40:32
They have all kinds of information out there on The
40:35
Dirty Man safe home, OK and unmatched security.
40:44
Like think about it. You're the only one who knows
40:49
where this is hidden. Like you don't want to like go
40:53
out and and and when you're digging a hole in your yard to
40:56
bury it, like tell all your neighbors or anything like that,
40:58
Just do it discreetly. And you're the only one who
41:01
knows where it's heading here. I have some pictures that I put
41:08
together. Here it is add the stage.
41:12
Oh yes, and if you buy it, yes, I am an affiliate, so I do would
41:16
make a small Commission for anybody who buys one.
41:19
But you can get 10% off with this code here.
41:23
Ron 10. All right, but here's some quick
41:26
pictures of how this thing works There it is.
41:28
So you dig a hole, you put that sleeve down into the hole.
41:34
OK, then you lower your dirty man safe and then you put the
41:40
cap on it. So the the safe itself is inside
41:43
that sleeve. You put the handle on top and
41:48
then you bury it. You're done.
41:49
And then when you want to dig it up, if you need, like you lost
41:52
your keys or you want to check on your silver or I don't know,
41:55
whatever you put in there, I want to ask any questions.
41:58
You pull. OK, thank you, Evie.
42:01
My daughter just said we have 200 likes.
42:03
You pull it up and it's it's pretty darn cool.
42:06
All right, there's some stats on it here.
42:10
You know what? I'm going to read you something.
42:14
Well, you know what? We'll do more.
42:16
What I'm going to do is promise you that I'm going to do a
42:20
giveaway on December 30th, the day before New Year's Eve.
42:24
I'm going to send one of those go to you.
42:26
I'm going to put together a giveaway video.
42:28
You know how we do giveaways on the channel.
42:30
So I have a little short 2 minute video that you'll you'll
42:33
go to and you'll just in the comments section put the word
42:37
dirty man, all one word. That video's not up yet.
42:40
I'll keep you posted on when you can do it.
42:43
Let me just read this to you because I am a little fascinated
42:47
with these things here one more time, right?
42:53
I just pulled it out of the ground.
42:56
I mean, this, I don't know how thick this thing is.
42:59
What? But it's thick.
43:02
And this is heavy duty. There it is.
43:06
And that's the little one, OK? It's not as D as Y as it
43:10
appears. And trust me, I'm a DIY kind of
43:13
guy, all right? And absolutely.
43:18
But this house keys, precious metals, legal documents,
43:21
keepsakes, money, anything that's important to you.
43:23
I think the big thing is it's like a diversification of where
43:27
you have things hidden. Of course, you need to remember
43:29
where you bury it, no doubt about it, OK?
43:32
It's made entirely of non metal detectable materials, so only
43:36
you know where it's hidden. Therefore, only you can open it.
43:42
OK, it's easy to remove it out of the ground, right?
43:45
Unless you bury it like 6 feet deep or something.
43:49
It's protected for this is what I also I didn't think about
43:52
this. It's protected from humans.
43:55
It's in the ground. It's like buried treasure in the
43:57
ground, protected from humans natural disasters.
44:00
It's hidden buried treasure. I was thinking that if you
44:06
filled it with gold and silver and buried it, it'd be like the
44:10
ultimate seed, right? Stuck in the ground growing and
44:13
like a giant money Fiat money tree would come growing out of
44:17
it. Excuse me if you decided to to
44:20
fill it full of silver and gold, right, like a big giant seed.
44:25
All right guys, have a good Saturday night.
44:28
Thank you for being here. Oh, I forgot about my super
44:30
chat. Hold on.
44:32
Stacking Surfer, 76 Subs away from hitting 10K.
44:38
Wow. Hey guys, go out and check out
44:41
Stacking Surfer. That's awesome.
44:43
Long time no see buddy. We need to talk.
44:46
He's out in California and he's almost at 10,000 Subs.
44:50
Maybe we can help him out. Basement dwellers.
44:52
He's a great friend of the precious metals community.
44:55
Thank you, Stacking Surfer. Thank you to Arcadia Economics.
44:59
Also my friend Chris Marcus. Right, one of the I'll tell you
45:02
something about Chris Marcus. Yeah, watch he put he has a
45:05
video that he made about his new sub stack coming out telling
45:09
just telling people about it and you know, and it's like 999 a
45:13
month or something like that. And, and then he said something
45:15
that I thought, but to me really reflected the kind of guy that
45:20
he is. He said, but if you're having,
45:22
you know, if your money's tight or you're having financial
45:25
issues, whatever, just send me an e-mail and I'll take care of
45:29
him. I'll get you on there for free.
45:31
And I've met Chris in person and I've talked to him, one of the
45:33
first people that I talked to when I started this channel.
45:37
He's a great, great guy, super high quality guy, respected by
45:43
not just me but a lot of people, if not everybody in the precious
45:49
metals community. So thank you.
45:50
Thank you guys for being here. Have a great Saturday night.
45:53
Thank you to Jake from Jake's custom parts.
45:56
Thank you to Annie Oakley, thank you to big 10 the Silvershire,
46:00
the moderators, Susie. Oh, I got to ring the bell.
46:02
This is for you, Jake. 200 thumbs up.
46:06
Thank you guys have a great night.
46:08
If you want to learn about The Dirty Man save, I've got a link
46:12
in the description of the video and there's also like some other
46:16
page you can go to to get some other small free things.
46:19
So check it out. But don't forget, we're going to
46:21
do a giveaway on December 30th and we're going to bury it.
46:25
So you need to let me know what you want me to put in here.
46:27
Send me an e-mail, make it appropriate.
46:32
All right, see you guys, have a good night.
46:35
Bye bye.