Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **ALERT** SILVER Just had a MASSIVE Change... (LBMA & Gold Price News too!)

Transcript

**ALERT** SILVER Just had a MASSIVE Change... (LBMA & Gold Price News too!) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:02
  Truly astonishing developments in the world of precious metals.
• 0:05
  Right now, we're going to cover a multitude of stories which
• 0:08
  will indicate to us the price of gold and silver will go up, they
• 0:13
  will go down, but ultimately they will go up, up, up much
• 0:16
  higher. Thank you for joining me.
• 0:18
  Thanks for being part of the basement.
• 0:20
  This is not possible without your participation and it's a
• 0:24
  big deal when you join every single day.
• 0:26
  Please subscribe to the channel that's free.
• 0:29
  Give the video a thumbs up, leave a comment in the comment
• 0:32
  section. Trust me, you can read a lot of
• 0:34
  comments where people don't agree with me.
• 0:36
  We just want to hear from you. We want to learn from each
• 0:38
  other. Let's get started.
• 0:40
  We got a ton to cover on both bold and crazy information about
• 0:44
  silver, 50-60 dollars silver. I think it can be here a lot
• 0:48
  sooner than most of us anticipate.
• 0:51
  But let's talk about gold first, then we'll get on to silver.
• 0:54
  This comes from Jesse Colombo from the Bubble Report, and he
• 0:59
  points out a very interesting fact that back in 2024 during
• 1:05
  the winter, we had a triangle, as you can see in the blue
• 1:08
  lines, and the gold price a big break out.
• 1:11
  And he points out that we're seeing that same thing again
• 1:14
  here. And Jesse's talking about the
• 1:16
  gold price potentially heading much, much higher from here.
• 1:21
  I know it's been a bit of a consolidation really in gold and
• 1:25
  silver here for the last few weeks, but that builds a good
• 1:28
  base that gets rid of the people that aren't fully convicted to
• 1:32
  the precious metals. We get rid of the people who are
• 1:35
  short timers and add more people like you and I that know that
• 1:39
  the future for silver and gold look very, very bright.
• 1:43
  But let's go take a look next at what?
• 1:44
  Citibank. Oh, yeah.
• 1:46
  Oh, Citibank. They only have what, 200,000
• 1:50
  employees, one of the biggest banks in the world.
• 1:52
  And we got news this week that they're raising their gold
• 1:55
  forecast to $3500 per oz amid U.S. economic concerns.
• 2:01
  But what's really interesting about this is that it's on a
• 2:04
  short term basis. It's a three month gold price
• 2:07
  forecast, a rise to $3500 per oz.
• 2:12
  The expected trading range has also been adjusted from 3300 to
• 2:16
  3600 dollars 4 oz, up from 31 to 3500.
• 2:22
  So again, these big banks are typically a little more
• 2:25
  conservative with their estimates, so we'll keep an eye
• 2:28
  on what's going on there. Let's look at what our friend
• 2:31
  Mr. Tim Hack is saying out on X. This is interesting.
• 2:36
  Gold adjusted for inflation, hasn't even reached its 1980
• 2:40
  high. Calling for a pullback here is
• 2:43
  delusional. It's way more likely that we
• 2:47
  test the previous high next and then go absolutely vertical.
• 2:52
  We'll take a look at his chart there.
• 2:53
  OK again. And I can see a a cup, a cup and
• 2:56
  handle forming within that. But let's start to talk about
• 3:00
  silver here for a second because the data in the silver world is
• 3:05
  even more astonishing right now. We know we've had some muted
• 3:10
  demand for silver from the Western investor, but what about
• 3:13
  the East? And what about the silver
• 3:16
  deficit? Is it continuing?
• 3:19
  We're going to look at that right now.
• 3:21
  Let's talk and see what our friend Chris Marcus over at
• 3:26
  Arcadia Economics had to say. This came from, I believe it was
• 3:31
  Metals Focus said while North American demand weakness was
• 3:35
  very much an undercurrent at the IPMI conference, so North
• 3:39
  American demand low, Some optimism was evident in a
• 3:43
  presentation by Metals Focus Managing Director Nicos
• 3:46
  Cavallis. He delivered a paper
• 3:48
  highlighting the still robust nature of gold retail investor
• 3:52
  demand across South and East Asia.
• 3:55
  In contrast, the weakness seen in other markets.
• 3:58
  I spoke to this earlier, OK, finally that was on the gold
• 4:02
  side. Finally, the Metals Focus is the
• 4:05
  group that piles the supply and demand data for the Silver
• 4:07
  Institute's World Silver Survey. It was interesting to have a
• 4:12
  glimpse of how they see things lining up this year.
• 4:15
  This is the silver part. Demand overall is easing back in
• 4:19
  the silver market. It's still comfortably exceeding
• 4:22
  supply. This will lead to 2025 being
• 4:25
  another successive year of sizable deficits.
• 4:29
  The reason for this persistent deficit has been the record or
• 4:33
  close to record highs seen for silver industrial demand.
• 4:37
  OK. So on the gold side, and I
• 4:39
  apologize for that, we are still seeing somewhat muted demand in
• 4:44
  the West, North American demand, we're seeing huge gold retail
• 4:48
  demand from the East. And on the silver side, with the
• 4:52
  metals focus, people are telling us and they're the ones who put
• 4:55
  together the demand data for the Silver Institutes annual World
• 5:00
  Silver Survey is that we are going to see another sizable
• 5:05
  deficit. We are also getting news, I
• 5:09
  apologize, I pulled up the wrong screen there, that we're seeing
• 5:12
  a little more robust demand on the silver side, obviously from
• 5:16
  the Eastern countries as we've talked about many times, both
• 5:20
  China and and Asia. But let's take a look at this
• 5:24
  next piece of information. This came from Homes on
• 5:27
  Serenade. This is World Global silver
• 5:31
  production for the months of May of January through May since
• 5:35
  2021. Guys, the amount of silver being
• 5:39
  produced is going down and going down precipitously.
• 5:44
  Look at this. Unbelievable.
• 5:46
  OK, since 2022. Do you see what I see on this
• 5:51
  chart and I'm not showing you the chart.
• 5:56
  There we go. Pardon me.
• 6:00
  What we're seeing here is a big, big decline in output or silver.
• 6:07
  And again, this is from 2022, first five months of 2022 and
• 6:14
  this is the first five months of 2025 S Over the last four years,
• 6:19
  we've seen a pretty major decrease in output from Mexico.
• 6:25
  But remember, Mexico is the world leader in silver
• 6:29
  production, but the amount of silver being produced is heading
• 6:33
  down and heading down in a big, big way.
• 6:36
  Let's go out here to this next one from Silver Academy silver
• 6:43
  shockwave. This is the vaults.
• 6:44
  What about the vaults at the LVMA London silver is vanishing
• 6:49
  global production is collapsing like we just saw from the Mexico
• 6:53
  production and three overlooked miners are set up for meteor
• 6:57
  meteoric gains. They have the mining sector
• 6:59
  could be just meet could be explosive as we head in through
• 7:04
  the end of the year. When we look at the mining
• 7:07
  stocks, they've just been ignored for so long.
• 7:10
  So few people are in them. They could take off.
• 7:12
  But here's what we want to look at.
• 7:14
  That's gold at the top at the LBMA, but look at the silver
• 7:18
  data. Silver held at the LBMA Vaults
• 7:23
  is absolutely in a massive downtrend.
• 7:27
  OK, again, this could lead to a potential silver short
• 7:32
  situation. We'll see how that all plays
• 7:34
  out. It'll be interesting to keep an
• 7:36
  eye on this as we go through the end of the year.
• 7:40
  And that brings us to this next one, which I think sums it up
• 7:44
  very nicely from Make Gold Great Again says I'm posting a picture
• 7:49
  of a bar of silver just to ruin a banker's day.
• 7:55
  There we go. That picture there alone will
• 7:58
  will absolutely ruin a banker's day.
• 8:01
  You know, and I wanted to say this to you guys.
• 8:03
  I was thinking about this earlier.
• 8:06
  Silver and gold were a good investment for your grandpa.
• 8:09
  Silver and gold were a good investment for your great
• 8:12
  grandpa, and they were also a great investment for your great,
• 8:15
  great, great, great, great grandpa.
• 8:17
  Think about that, right? Hundreds, thousands of years.
• 8:20
  So what we're talking about when we look at the gold and silver
• 8:23
  market right now is the fact that we are set up in an
• 8:27
  unbelievable situation. We know what's going on with
• 8:30
  silver supply going down, demand going up, gold being gobbled up
• 8:35
  by the World Central Bank. But when we zoom out a little
• 8:38
  further and we look at this from a perspective of hundreds or
• 8:42
  even thousands of years, what we undoubtedly see is that we are
• 8:47
  in a very safe, safe investment. Just my opinion.
• 8:50
  I'm not a financial advisor. And while we're on that matter,
• 8:54
  if you have an interest in getting your hands on some
• 8:57
  silver, I'd encourage you to check out our channel sponsor
• 9:01
  first met or run you out to their website here real quickly.
• 9:04
  Oh limited offer special deal dollar off the lunar round.
• 9:09
  The First Mint is a mint located in Las Vegas, NV, creating world
• 9:13
  class silver bullion products. We are here on their website,
• 9:18
  firstmint.com. They're owned by First Majestic
• 9:22
  Silver, Keith Newmeyer's massive silver miner company.
• 9:26
  So First Majestic mines the silver in Mexico, then sends it
• 9:31
  to Las Vegas, NV where they create these wonderful products.
• 9:34
  And then it goes directly to you from the mine to the meant to
• 9:38
  you. It's a great company, great
• 9:40
  prices, you can trust them a free shipping over $199 and
• 9:46
  there's a discount code which is for all my friends out there,
• 9:50
  VIPRB. So don't forget to get your
• 9:53
  discount when you when you check out first met.
• 9:57
  Kitco's also telling us that retail demand is coming back in
• 10:01
  the gold market. Let's look at that hopefully.
• 10:05
  There we go. Hold on one second, hold on one
• 10:14
  second. Here we go.
• 10:17
  We're going to share the right screen and all right guys, now
• 10:23
  you're on the right screen. This is an article from our
• 10:25
  friends at Kitco and came from Neil's.
• 10:29
  Our friend Neil's Retail Gold Rush investment demand roars
• 10:32
  back amid global uncertainty. That's from the World Gold
• 10:35
  Council Q2 demand trends. Again, when we talk about gold,
• 10:40
  we're talking about silver. Q2 gold demand Trends a report
• 10:44
  The World Gold Council highlighted broad based demand
• 10:46
  for gold during the in the second quarter even as prices
• 10:49
  reached all time record highs. Total gold demand, including
• 10:53
  over the counter investment rose to 1 point 1249 tons between
• 10:58
  April and June, marking a 3% increase from the second quarter
• 11:03
  of 2024. The World Gold Council
• 11:06
  attributed the surge primarily to strong investment demand and
• 11:09
  gold backed ETS. However, the report also noted
• 11:13
  robust bar and coin demand, a segment that typically struggles
• 11:17
  in high, high price environments.
• 11:19
  So we're getting more and more optimistic news about demand for
• 11:24
  gold and demand for silver. We know that for silver in the
• 11:28
  West, retail, on the retail side, right, the local coin shop
• 11:32
  side, there's been what we would call subdued demand, but that
• 11:37
  gives us such a massive opportunity for growth in that
• 11:41
  area. Gold on a worldwide basis, the
• 11:44
  overall demand picture appears to be a lot more, let's say
• 11:47
  solid at this point. But guys, when the retail
• 11:50
  investor, when your neighbors come back to the silver market,
• 11:54
  you know, when you're at the neighborhood pool or church or
• 11:57
  the Country Club or wherever it is you go and people that know
• 12:00
  that you love precious metals start asking you about precious
• 12:03
  metals models. It is a massive, massive
• 12:06
  opportunity for growth in demand.
• 12:08
  We're both gold, but also silver as well.
• 12:12
  And remember, when the retail investor comes back into silver,
• 12:16
  they do it with reckless abandoned, OK.
• 12:20
  And in the past, that retail side of silver demand has been
• 12:24
  one of the largest components of overall demand for silver.
• 12:28
  So it gives us a really, really great opportunity for growth.
• 12:32
  We have the underdog advantage. OK, Absolutely.
• 12:36
  Hey, I also want to say thank you to channel sponsor First
• 12:39
  Mining Gold. I'm going to pull up their
• 12:41
  website for you here. They're a development stage gold
• 12:44
  mining company in Canada. They, they're the spring pole
• 12:47
  project in Ontario and the Dupart, a project in Quebec.
• 12:52
  Let's get the right screen up. Here we go.
• 12:55
  They have gold in the ground. They're working through the
• 12:58
  permitting, the development stage.
• 13:00
  There's a lot of great opportunity for big Catalyst, a
• 13:03
  lot of great opportunity for potential capital appreciation
• 13:07
  as well. You can learn more about them at
• 13:09
  firstmininggold.com. I forgot to give you my
• 13:12
  disclaimer. Look, I come on here and talk
• 13:15
  about my truth. I'm not a financial advisor.
• 13:18
  I've been doing this for years. I talked about silver when it
• 13:21
  was $20.00 an ounce. I talked about gold when it was
• 13:24
  fourteen, $1500 per oz. But at the end of the day, I'm
• 13:28
  not a financial advisor. Always do your own due
• 13:31
  diligence. I'll always share with you what
• 13:33
  I believe we have coming down the road for the price of
• 13:36
  silver, for the price of gold and for the precious metal
• 13:40
  mining stocks. I think the future looks ultra
• 13:43
  bright when you look at the big picture, when you look at the
• 13:46
  fact that right now in this country we have $37 trillion in
• 13:50
  debt. If we choose to use the US
• 13:54
  dollar is the unit of measure for the value of our ounces of
• 13:58
  silver, ounces of gold. The real value of the dollar,
• 14:02
  mathematically speaking, has nowhere to go but down, down,
• 14:06
  down. We don't like it.
• 14:07
  We didn't 'cause it, OK, We're patriotic.
• 14:10
  Those of you joining me from the United States are patriotic
• 14:13
  Americans. But people from all over the
• 14:15
  world are observing also what's going on within the situation
• 14:20
  for the US dollar. We just want to make the
• 14:23
  smartest investments that we can to safeguard, to keep our
• 14:26
  families safe and secure. But again, always do your own
• 14:30
  due diligence. Hey, appreciate you joining me
• 14:33
  here in the basement. OK, There's a lot going on in
• 14:36
  the gold and silver world. It's hard to keep track of it
• 14:38
  all. Sorry if I get a little
• 14:40
  scattered on you from time to time, but I want you to feel
• 14:43
  welcome here. I want you to come back.
• 14:45
  Don't forget we got a big special going right now on
• 14:47
  subscriptions. They're free.
• 14:49
  All you got to do is press that subscribe button.
• 14:52
  Most importantly, I want you to come back and even more
• 14:54
  importantly, I want you to be well.
• 14:57
  Take care of yourself, OK? And I will see you soon.