Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / Big SILVER Breakout News 🦍🦍 You Must WATCH Out for This! — (Gold Price Too)

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Big SILVER Breakout News 🦍🦍 You Must WATCH Out for This! — (Gold Price Too) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  $300 silver, actually, I owe you an apology, $300 silver.
• 0:07
  We should be talking more like 4-5 hundred dollars silver.
• 0:10
  But today we will be conservative.
• 0:13
  And I just want to make it real clear, I believe in my lifetime
• 0:16
  we'll see numbers for silver and gold that would make our head
• 0:21
  spin. Right now.
• 0:22
  Silver, 1002 thousand, really it can go to Infinity.
• 0:26
  But in today's video, we're going to talk about some very
• 0:28
  interesting developments in the silver market, like a
• 0:32
  billionaire talking about over $300 silver, much sooner than
• 0:37
  you might expect. But not just a billionaire, a
• 0:39
  big bank as well. We got big news out of India
• 0:44
  about silver and gold. And on top of that, we're going
• 0:48
  to look at some startling information about the scramble,
• 0:51
  the silver scramble. Are we going to call it a silver
• 0:55
  squeeze? Are we going to call it a silver
• 0:56
  shortage? Are we going to call it a silver
• 0:58
  scramble? It doesn't matter.
• 1:00
  It looks real good for the future of demand for silver.
• 1:04
  But what looks even better is the fact that you.
• 1:08
  Yeah, you. I'm looking at you.
• 1:09
  Join me down here in the basement.
• 1:11
  It's a cold, dark, dingy basement without you.
• 1:14
  Thank you for being a basement dweller.
• 1:16
  Please do Upstairs, Susie, that's my lovely wife that talks
• 1:20
  to us over walkie-talkie. Make her happy.
• 1:23
  Press the subscribe button, leave a comment, press the bell
• 1:27
  button and #1 enjoy your time while you're down here.
• 1:30
  We got a lot. And then at the end we got the
• 1:33
  top secret nobody else is talking about.
• 1:36
  Reason why both gold and silver and precious metal mining stocks
• 1:41
  are going to do incredibly well in the coming 5 to 10 years.
• 1:45
  I have a bold prediction and again, something that nobody
• 1:48
  else is talking about. And that's what you guys like.
• 1:51
  Because like Google tells me, basement dwellers, yeah, you who
• 1:54
  are joining me, are highly sophisticated.
• 1:57
  Let's look at some incredible scramble.
• 1:59
  There's a scramble, and there's a reason why we're going to look
• 2:03
  at these three things going on in the world of silver right
• 2:07
  now. Let's pull this up first came
• 2:11
  from hold on here. Sure I got the right screen up
• 2:14
  for you, which I do. Oh, well, let's talk about this
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  first, then we're going to talk about that.
• 2:18
  This is the billionaire. He said this.
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  All right, be ready, OK. He said I'm with the market
• 2:24
  sniper and I am calling for a minimum 333.
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  See, look, it was even higher than the thumbnail promised
• 2:33
  Silver by August 1st or oh boy, this is bad news.
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  Only 222 dollar silver If we see a 20% plus correction in the S&P
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  500. Why do we pay attention to this
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  guy? Because he's the silver
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  billionaire. He's what we like to refer to as
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  the new Hunt brothers. Remember the Hunt brothers in
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  19801979 when they attempted to corner the silver market and
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  silver went to $50 per oz? More about that later, right?
• 3:04
  This is a smart guy. He owns over 13 million ounces
• 3:08
  of silver, so of course he's talking his own book.
• 3:11
  He's eating his own cooking, however you want to say it.
• 3:14
  But he's a very smart guy and he's talking about $333 silver
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  potential. But there's a big bank.
• 3:21
  We're going to talk about that later, saying something very
• 3:23
  similar, but he's talking about it.
• 3:25
  Did he say by August it could be a really good summer for those
• 3:30
  of us who are invested in silver?
• 3:34
  Thanks again for being here. It's a big deal.
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  Now let's talk about the scramble crazy news coming out
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  of Orlando, FL. I think even Mickey Mouse is
• 3:42
  going silver crazy at this point.
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  Let's go see what's happening in Orlando because this is nothing
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  short of stunning. And all right, we have three
• 3:53
  things to look at on this. This is from silver trade quote.
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  I've never seen anything like this in my 20 years I've been
• 4:00
  going to coin shows. So there's a big coin show, I
• 4:03
  think it's called the Fun Coin Show in Orlando, FL Look at the
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  line of people waiting to get into the coin show.
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  All right, this look, the line is one thing, but the reports
• 4:14
  that we're getting are nothing short of astounding.
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  Hold on here later and now we're going to go to SD Bullion who
• 4:24
  kind of ran this article. It says the huge crowds at the
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  FUN Coin Show in Florida show strong retail silver interest.
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  I mean, is that Pluto or Mickey Mouse I see down there?
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  I mean, everybody in Orlando must be at the coin show record
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  Fun Coin show attendance signals growth, growing US interest in
• 4:46
  physical silver thousands lineup.
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  We got a video we're going to look at next in Florida at the
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  Fun Coin Show. Easy for me to say, While paper
• 4:57
  silver prices continue to fall, there's even reports that Mickey
• 5:00
  Mouse, Pluto, and what's that Princess from Disney,
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  Cinderella, we're all there. And the seven dwarfs, for that
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  matter. Here we go.
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  The fun show is a market indicator that it's called the
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  Florida United Numismatics Coin Show.
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  I went to a coin show here in Missouri.
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  I don't know, back in July, it was not crazy crowded.
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  But here it says, veteran dealers and collectors, hold on.
• 5:26
  You want me to highlight for you in a color?
• 5:29
  How do you feel about orange today?
• 5:31
  All right, let's take a break. I know I need to slow down.
• 5:33
  I apologize. I'm going to allow that.
• 5:36
  OK, Orange veteran didn't work anyway.
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  Veteran dealers and collectors, many with decades of experience,
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  repeated A consistent refrain throughout the opening days of
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  the show. This has been going on for days.
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  I've never seen anything like this in my 20 plus years of
• 5:57
  attending coin shows. Let's go watch a little video.
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  This was shared by James Anderson who I think is
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  affiliated. I could be wrong with SD Boeing,
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  but anyway, he said record crowds reported recorded.
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  Wait till you watch this little video.
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  James Anderson's very highly respected in the silver and gold
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  community. Here we go.
• 6:20
  Look at the size of this crowd. Keep an eye out for Mickey Mouse
• 6:32
  and Cinderella thousands. I mean, look at this.
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  They're in line for a Taylor Swift concert.
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  They're in line for silver. Wow.
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  Hey, we love all you people. Really, really awesome.
• 6:48
  OK, let's go look at the silver price and get an update on what
• 6:52
  is happening there. And then we're going to look at
• 6:56
  some charts that are pointing toward $100 silver and somebody
• 7:00
  that says it could happen within 10 days.
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  And we got the big secret weapon at the end.
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  And we got India. We got a lot more to cover.
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  Let's go first out here and take a look at the silver price.
• 7:13
  Boop, wrong 1 here it is. OK, woo Hoo.
• 7:21
  That's the futures price, which currently sits at $79.46.
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  By this next chart we're going to look at is going to make us
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  smile. Let's look at the gold price
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  real quickly, 4498 flirting with 4500, but let's go look at the
• 7:39
  spot price of silver and gold as well.
• 7:42
  This is the spot Market gold 4492 silver again flirting with
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  $80.00. Do you think it will happen
• 7:54
  today? Guys?
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  It's going to be wild to see how we close and what is happening
• 8:00
  right now. Oh, darn it.
• 8:01
  Hold on here. I got a fine.
• 8:04
  Hold on. OK, here we go.
• 8:06
  We're going to go to this. Let me go to you first.
• 8:11
  Next we're going to go to the charts and look at how we could
• 8:14
  in a very short period of time have triple digit silver.
• 8:18
  Before we do that, the guy who coined triple digit silver is
• 8:21
  Keith Newmeyer, the CEO of First Majestic Silver.
• 8:25
  First Majestic Silver owns our channel sponsor First Mint.
• 8:30
  So First Majestic Silver mines silver in Mexico, sends it to
• 8:34
  channel sponsor First Mint where they make world class silver
• 8:38
  bullion products and then they ship those products directly to
• 8:41
  you. It is truly a premium retail
• 8:44
  experience. I was looking over this morning.
• 8:47
  I know I just I'm, I'm, I'm, I love this thing at their Buffalo
• 8:50
  round in this Indian Head that's on the back.
• 8:54
  OK, This silver has never been touched.
• 8:57
  That's from Firstmint by the Comex or the LBMA.
• 9:01
  It came from a silver mine in Mexico to Las Vegas, NV, right
• 9:04
  here to my house. And I'm going to tell you, all
• 9:07
  of you are giving me the same feedback that I the same thing
• 9:11
  that I feel like it is a premium retail experience to buy silver
• 9:16
  bullion. You can check them out here.
• 9:18
  Let me show you their website and if I can get this to pull up
• 9:23
  properly for you. There we go.
• 9:25
  First, mint.com, free shipping on orders over $299.
• 9:30
  They have a whole array of products.
• 9:32
  Go to the store, bars, rounds, Folds of Honor, product
• 9:36
  offerings as well. Check them out and please help
• 9:39
  support our sponsor. First meant thank you, first
• 9:43
  meant for sponsoring Ron's basement.
• 9:45
  Now let's look at the chart that tells us we could be in for $100
• 9:50
  silver sooner as opposed to later.
• 9:52
  Let me get that pulled up for you.
• 9:53
  Give me one second here and Nope, Nope, here it is.
• 10:00
  All right, Gold, silver HQ break the previous $83.50 double top.
• 10:08
  Everybody's talking about this now, and 105 silver should be
• 10:12
  possible within 10 days. So look at this chart again.
• 10:18
  Everybody's talking about this level.
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  That yellow line right there, $83, I'll circle it and $0.50,
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  we hit it once, boom, we hit it again, boom.
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  Right now we're up in the 80 range.
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  What we want to see is breakthrough again.
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  And we could shoot up there saying to almost what, over $100
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  in the coming 10 days. Now I want to tell you something
• 10:43
  very important. I'm not, I don't claim to be the
• 10:46
  world's best chartist when it comes to precious metals or
• 10:50
  anything like that, but I want you to think about two key
• 10:53
  things #1 as we talk about all the time, once something hits an
• 10:57
  all time high, silver, gold, stocks, bonds, mutual funds,
• 11:01
  real estate, any asset, once it hits a new all time high, the
• 11:05
  odds are in favor of it hitting another new all time high
• 11:09
  relatively quickly. It's not like something hits an
• 11:12
  all time high once and then doesn't keep going up.
• 11:15
  The momentum is in its favor. But what's even more important,
• 11:19
  when we look at that chart, as you saw right, it hit 8350 once,
• 11:23
  hit 8350 again, it's very unusual for any asset to have a
• 11:29
  triple top, meaning 83508350 and then 8350 again.
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  It's almost not certain, but very likely that if we
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  breakthrough 8350 on that third attempt that we will keep going.
• 11:44
  Now if we don't, if we hit 8350 and come back down again, the
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  odds of a quadruple top from what I've learned and heard over
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  the years are very, very unlikely.
• 11:55
  So we are sitting good. We're having a great day and
• 11:58
  Silver, we're having a great day down here in the basement.
• 12:01
  Yeah, it's you, man. It's this is not possible
• 12:04
  without you. So thank you very much.
• 12:07
  Let's talk about. OK, two.
• 12:10
  I'm tired of this. Are you tired of this?
• 12:12
  Right. People saying Silver's at an all
• 12:15
  time high. Very important thing for us to
• 12:19
  remember, silver is at a nominal all time high, right, $80 per
• 12:25
  oz, Yeah, 8384 wherever we get, yes, that's a all time high
• 12:30
  measured just in dollars just looking saying dollars nominal
• 12:35
  means number in real terms. If you adjust those, those
• 12:39
  prices that we hit in 1980, if you, if you adjust the prices,
• 12:43
  the $50.00 in 1980, alright, for inflation and get the real
• 12:48
  silver price where it really should be now in 1980 dollars,
• 12:52
  it's way higher. So I just wanted to wanted to
• 12:56
  point that out. But also even more important in
• 12:58
  that regard is that silver right now is adjusting for decades and
• 13:05
  decades of price manipulation. So if we adjust that 1980 high
• 13:10
  and some people say it's in current U.S. dollar terms, that
• 13:14
  would be more like I've heard 150 up to 200 somewhere in that
• 13:18
  range. OK.
• 13:20
  But also consider that the price is adjusting for $50.00 of or 50
• 13:25
  years of manipulation. And the cherry on top, if you
• 13:30
  consider the fact that the macro environment for silver now
• 13:34
  compared to 1980 or 2011, the, the, the deficits that are being
• 13:39
  run, the overwhelming growth in demand for silver that that is
• 13:45
  coming from industry, the monetary components.
• 13:49
  And there's even more like things really are different now,
• 13:53
  things information flows more freely.
• 13:56
  People can buy, we can get silver shortages faster and
• 14:00
  faster now because you don't have to hop in your woody wagon
• 14:03
  and go to the local coin shop and wait in line for two hours.
• 14:07
  No, you can buy silver almost instantaneously on any number of
• 14:12
  available websites. You know, I prefer and recommend
• 14:16
  you check out first Mint. But nonetheless, you get my
• 14:18
  point. Things happen on so many levels,
• 14:22
  things really, really they really are guys different this
• 14:26
  time. Now remember we're going to have
• 14:28
  volatility. I'm not a financial advisor.
• 14:30
  Always be responsible. I'm your friend, OK, Dollar cost
• 14:34
  average is what I recommend, although I'm not a financial
• 14:37
  advisor. And if you're going to sell
• 14:39
  silver dollar cost average out, you know, I'd hate to see
• 14:43
  somebody sell all their silver and then the price continue up
• 14:46
  to these targets that billionaires and bankers.
• 14:49
  And we're going to talk about those bankers in a little bit
• 14:51
  that are talking about over $300 silver.
• 14:54
  But there's news out of India. There's a news about this, the
• 14:57
  worldwide scramble. Oh my gosh, there's a lot we got
• 15:00
  to talk about. Let's talk about India in this
• 15:02
  like shocking report that came out about the price of silver.
• 15:07
  We don't talk about India enough.
• 15:08
  I'm sorry, basement dwellers, right?
• 15:11
  We don't talk about India. We talk about China all the
• 15:13
  time. But don't forget, India's got
• 15:16
  just as many people and their economy is growing like I
• 15:21
  believe faster than that of China, like 910789 ten percent
• 15:26
  GDP growth per year. And the people in India, do you
• 15:30
  know any Indian people? I do, OK.
• 15:32
  I know a lot of them. They love gold and silver, and
• 15:37
  they don't trust paper money. The rupee has been a very bad
• 15:41
  investment over the years. And they're also very smart,
• 15:45
  right? So they're like you.
• 15:46
  They're highly sophisticated, like Google tells us.
• 15:48
  But let's get a shocking report about what the price of silver
• 15:52
  is on the street in India. See if I can get this pulled up
• 15:56
  for you. Oh, shoot, Where'd it go?
• 16:00
  Oh, darn it. OK, we're going to, I'm going to
• 16:01
  have to just verbally tell you about this, but we have reports
• 16:06
  on the street in India that if you want to buy silver, you're
• 16:11
  looking at over 130, a $137.85 per oz that was reported by the
• 16:18
  Silver Academy. It was, how do I say this?
• 16:21
  It was the most extreme ish example.
• 16:24
  But the point is, and we're getting this, the reason why we
• 16:27
  want to pay attention to this is critical.
• 16:29
  We're getting these reports from the United Arab Emirates.
• 16:33
  We're getting reports from all around the world that the real
• 16:37
  price to get your hands from China.
• 16:39
  We looked at it yesterday in the Shu Bay market that they
• 16:42
  actually get your hands on the physical metal.
• 16:46
  It's significantly higher than what's being reported in China,
• 16:51
  even on the Shanghai Gold Exchange and of course, much,
• 16:54
  much higher than what's being reported on the COMEX and the
• 16:58
  LBMA, although we just looked at the and COMEX and we have almost
• 17:03
  an $80 per oz silver price. Look, we like to have fun.
• 17:06
  We like to joke around, we like to look at.
• 17:08
  But on a very serious note, guys, this situation in silver
• 17:12
  and gold is like nothing in my 55 years and then my 25 to 30
• 17:17
  years and I've been following the gold and silver market that
• 17:20
  we have ever seen before. Buckle up, it's going to
• 17:24
  continue to get wild. What about the world?
• 17:27
  OK, this is interesting. Eric Young King Kong 988 see if
• 17:32
  I can. There we go.
• 17:33
  I've got that one for you. Points out something he's like
• 17:36
  one of the most in the know people in the silver and gold
• 17:40
  sector and he says when he says wow, we're going to listen.
• 17:44
  He said this just came in from my source.
• 17:48
  He has been accurate on almost everything, all global
• 17:53
  sovereigns. That means countries are now
• 17:55
  rushing to secure physical gold and silver.
• 17:59
  And he put a screenshot up, obviously protected his sources,
• 18:02
  anonymity that said he heard yesterday that the ECB, the
• 18:06
  European Central Bank, was buying a lot of gold and silver.
• 18:11
  It looks like the EU is starting to feel very, very vulnerable.
• 18:17
  It is why what? What is this telling us?
• 18:19
  That there's a scramble. A scramble.
• 18:22
  And I use that word first like four months ago.
• 18:25
  Now I'm hearing it everywhere, A real live scramble on the behalf
• 18:29
  of countries around the world to get their hands on the metals.
• 18:33
  We know what's been going on with the central banks
• 18:37
  scrambling to get their their hands on physical gold for what,
• 18:40
  like 18 months, two, 2 1/2 years, the trend that's going on
• 18:44
  there. But now we're hearing the
• 18:46
  possibility of silver, according to that last report.
• 18:49
  It's getting interesting. But where are they going to get
• 18:51
  the silver? I got a fun chart for you to
• 18:53
  look at for you and me, because the silver's got to come from
• 18:56
  somewhere. I'm sure the US, right?
• 18:59
  the United States is number one in everything.
• 19:01
  I'm sure we got all the world's silver in the ground.
• 19:05
  This. I was shocked by this.
• 19:07
  And I think you're going to be interested to look at this chart
• 19:09
  as well. That shows us where all the
• 19:12
  world's silver is actually located.
• 19:14
  All the world's silver reserves by country in one visualization
• 19:19
  in this, right. Peru is is by far number 1.
• 19:24
  I had no idea it was this extreme.
• 19:27
  If you look down here, you can see that Peru, the country of
• 19:31
  Peru, OK, holds that big, massive, like the purple area, I
• 19:36
  would imagine represents South America up here.
• 19:40
  OK, This is how much the United States has.
• 19:44
  The blue would be North America. OK, Look at how much the United
• 19:48
  States has compared to all of South America, which there's
• 19:54
  varying degrees of. And right, that Big Blue section
• 19:58
  includes Mexico, which a lot of people are concerned about the
• 20:01
  relationship with Mexico right now.
• 20:04
  Look at Australia. This is Europe in orange over
• 20:07
  here. And of course China has a big
• 20:09
  chunk as well. The big point here is, is the
• 20:12
  United States is scrambling now, and we got more interesting news
• 20:16
  in that regard to get its hand on on silver.
• 20:21
  We don't have a lot domestically relative to the rest of the
• 20:25
  world. All right, let's move on to the
• 20:26
  next critical point. Go Bessie reporting silver lease
• 20:31
  rates. Why do we talk about silver
• 20:32
  lease rates? Because when the rate to lease
• 20:35
  anything, whether you're talking about leasing an apartment,
• 20:38
  leasing A minivan or leasing silver, when those rates go
• 20:43
  historically very high, that only means one thing.
• 20:46
  And that means that there's a bit of a supply constraint or
• 20:50
  possibly a shortage of the asset that is being leased.
• 20:54
  In this case, what we're talking about is silver lease rate,
• 20:57
  lease rates, which have gone up significantly.
• 21:02
  As of this report, it was at 7.3%.
• 21:05
  But we got some more recent data that we can look at.
• 21:09
  I believe this also came from James Anderson.
• 21:11
  Yes, it did. And we look at the lease rates
• 21:15
  for silver AG on this chart and over here on the left gives us
• 21:22
  the time frames. So at one month you're going to
• 21:24
  pay 3.34%, but at 12 months you're still paying almost 6% to
• 21:31
  lease silver, which is historically high and which only
• 21:37
  means one thing, and that is that the world is in a scramble
• 21:42
  for silver right now. We're going to talk about the
• 21:45
  top secret. We're going to talk about not
• 21:47
  just the billionaire, but remember I promised you the bank
• 21:50
  calling for $300 silver. But before we do that, I do want
• 21:53
  to say thank you to channel sponsor First mining Gold.
• 21:59
  Yes, right there First Mining gold, they're a Canadian
• 22:03
  development stage gold company with two right.
• 22:07
  They have massive amounts of gold in the ground, two big
• 22:10
  development stage projects, millions of Oz of gold in the
• 22:14
  ground at their spring pool project in Ontario and their Du
• 22:18
  Parquet project located in Quebec, right?
• 22:21
  We're talking millions of Oz, millions and millions of dollars
• 22:25
  have been spent over decades to establish that the gold is in
• 22:29
  the ground. Now they're in the development
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  stage, which can be catalyst rich right where they're working
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  through permitting all the things involved to get mines
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  built. It's a great company that I
• 22:41
  personally own. I've owned it before they
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  sponsored the channel. Remember, I'm not a financial
• 22:46
  advisor. Do your own research.
• 22:48
  Any stocks, any assets, anything you buy can always be risky.
• 22:52
  But First Mining is a company that I really like, have liked
• 22:55
  for years. You can learn more about them at
• 22:57
  firstmininggold.com. Let's move on to our next fund
• 23:02
  point, guys. Man, there's so much going on.
• 23:04
  Does it ever feel a little overwhelming to you?
• 23:06
  But overwhelming in a good way when it comes to silver and
• 23:10
  gold. And this, I think speaks
• 23:13
  volumes. We're going to read between the
• 23:15
  lines on this one from Make Gold Great Again.
• 23:18
  He put out this big news breaking story.
• 23:20
  The Pentagon secures 40% of a smelting facility for critical
• 23:25
  minerals like silver. Tells you everything you want to
• 23:28
  know about where this is going. PS For those of you who don't
• 23:32
  know, every time a missile explodes, there's silver in it.
• 23:35
  And this is in relation to the big news story that came out
• 23:39
  that the Department of Defense was taking a 40% interest in a
• 23:43
  massive new smelting facility. Guys, there is a scramble going
• 23:47
  on. These are big macro factors on
• 23:50
  top of the fact that our government has $38 trillion in
• 23:53
  debt and everything else. That's a big macro factor.
• 23:56
  But the biggest macro factor happening right now is this
• 23:59
  recognition around the world that the country went to get
• 24:03
  their hands on as many resources as possible.
• 24:07
  Next, let's go to the big bank. Remember, the billionaire told
• 24:11
  us $300 silver. And we got this just the other
• 24:15
  day, again from our friend Ernest Hoffman at Kitco.
• 24:20
  Hold on here. Yep, I got it up.
• 24:23
  I'm sorry, I thought I was on the wrong screen.
• 24:25
  He's talking about gold. But he also says that in 2026,
• 24:30
  Bank of America and their analysts, Mr. Widmer, are
• 24:35
  calling for a potential for silver to top out somewhere
• 24:39
  between 135 and 309 dollars. I mean, is it?
• 24:46
  Is it hard to believe it's almost like we're living in a
• 24:50
  dream, right, that we've got Bank of America talking about
• 24:54
  silver potentially hitting $309 in 2026.
• 25:00
  Let me remind you of something. One year ago, sheep noise
• 25:03
  warning, the sheep noise is coming.
• 25:06
  One year ago right now, we were talking about $30 silver.
• 25:11
  We were talking about silver's potential to breakthrough 40 and
• 25:15
  go to 50 and there'd be, and today we're talking about $7879
• 25:21
  silver. To imagine that a year ago right
• 25:23
  now, we would have told each other that in a in a year on
• 25:28
  what is today, January 9th, 2025, that Bank of America would
• 25:34
  be talking about the potential for silver to hit over $300.
• 25:40
  It's crazy. But again, we have to take a
• 25:43
  step back and realize we are in on almost every level, from big
• 25:48
  macro factors to supply and demand, everything else, a new
• 25:52
  world for gold and a new world in particular with a lot of
• 25:57
  focus on it right now for silver.
• 26:00
  It's going to be an interesting ride.
• 26:02
  Now I want to share with you something top secret.
• 26:04
  So don't tell anybody. We want to keep this amongst
• 26:07
  ourselves down here in the basement because nobody else is
• 26:10
  talking about it. But I'm going to tell you I
• 26:13
  believe and I know just my truth.
• 26:16
  I don't have a crystal of all that.
• 26:17
  This will be a major driver of demand and price for gold and I
• 26:24
  think even more particular silver in the coming 5 to 10
• 26:28
  years. All right, we can look out.
• 26:30
  We're smart. We like to look out a little
• 26:31
  further than the next 5 to 10 minutes or five to 10 days and
• 26:35
  the next 5 to 10 years. And we got a big breaking story
• 26:38
  from one of the big crypto companies this week.
• 26:43
  Tokenization of silver and gold are going to create a massive
• 26:48
  amount of demand for the metals because when they tokenize gold
• 26:53
  and silver, that means they create a token, a digital token
• 26:56
  for it. But it has to be backed up 100%
• 27:00
  by real metal. The biggest crypto company in
• 27:04
  the world, Tether, is already doing it with XAUT.
• 27:07
  That's a, that's a, a crypto where each one of the coins
• 27:11
  represents one ounce of gold, but each ounce of that gold is
• 27:15
  in a vault in Switzerland and you can go there and pick it up
• 27:18
  for yourself or those ship it to any address in Switzerland.
• 27:21
  I heard before, guys, this could be on a worldwide basis, right?
• 27:26
  Because there's a lot of people and I'm not, you don't have to
• 27:29
  like crypto or just like crypto. No, I, I'm not here to make that
• 27:32
  argument whatsoever. But what I'm saying is more and
• 27:35
  more people are moving into crypto and more and more people
• 27:38
  around the world are becoming keenly interested in tokenized
• 27:42
  gold and silver. And it could be something I
• 27:45
  believe will be me personally believe will be something that
• 27:49
  will create a massive amount of demand for the metals.
• 27:52
  Doesn't mean you have to buy it. I have to buy anybody does.
• 27:55
  I'm just saying on a macro level, be prepared and you can
• 27:59
  say that you heard it here first.
• 28:01
  Hey, thank you for joining me, guys down here in the basement
• 28:04
  today. It's a big deal.
• 28:06
  Be good. Don't forget, subscribe to the
• 28:08
  channel, OK? Take care of yourself, number
• 28:11
  one, and I'll see you, yes, you next time.