Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 😲 Busted! 🚨 MORE Shocking Precious Metals Purchases!
Transcript
- 0:00Wow, there is so much going on in the world of gold and silver
- 0:04right now. AUS congresswoman buying a
- 0:06silver mining company Russia. Big precious metals news for
- 0:21you. Whether you prefer gold, whether
- 0:23you prefer physical silver or even the precious metal mining
- 0:28stocks, I've got three big stories that have surfaced over
- 0:32the last week or so that aren't getting the attention they
- 0:35deserve and do point toward what we know we do deserve as silver
- 0:40investors, gold investors and precious metal mining stock
- 0:44investors. Yeah, that would be much higher
- 0:46prices. Let's talk about it right now.
- 0:53Russia, Poland and AUS. Congresswoman, we're going to
- 0:56cover it all in this video. But what's even more important
- 1:00than that? Yes, that's right.
- 1:02You. You're the most important part
- 1:04of this video of Ron's basement. It's a big honor that you give
- 1:09me your time. Come down here.
- 1:11Join me in the basement. Welcome to the club.
- 1:13You're a basement dweller. When you're down here, please
- 1:15subscribe to the channel. That way you'll get notified
- 1:18every time we put out a new video, which we do most
- 1:21everyday. Please give this a thumbs up and
- 1:23super chat. Super thanks are always super
- 1:25appreciated. What did we learn from AUS
- 1:29Congresswoman? You know these Congress, these
- 1:32people in Congress and Senate, they kind of do what a lot of
- 1:35people consider to be insider bidding buying, insider trading.
- 1:39They get the news before everyone else.
- 1:42There are websites that are dedicated to tracking the trades
- 1:46of people like Nancy Pelosi, but wait till you get a load of this
- 1:51and it has to do with silver. United States Representative
- 1:55Debbie Wasserman Schultz just bought stock and Hecla Mining
- 2:00Company. Hecla Mining is the biggest and
- 2:04oldest silver mining company in the United States of America.
- 2:09Why is this a big deal? Let's go up here to this tweet
- 2:12from the Nancy Pelosi stock tracker that says here's why
- 2:16it's a big deal. OK.
- 2:18She was the second best political trader in 2022.
- 2:23Also, this is her first new buy of stocks since January of this
- 2:28year. And finally, she just happens to
- 2:31sit on the Environment, Manufacturing and Critical
- 2:35Minerals subcommittee. If you think the world central
- 2:39banks have access to inside information, the US Congress and
- 2:43Senate has proven over and over again that they have this
- 2:48uncanny ability to predict where the markets are going to to to
- 2:53run. And the fact that she is buying
- 2:55stock in a silver mining company is something that us as silver
- 2:59investors, whether physical or in the precious metal mining
- 3:03stocks need to pay attention to. It's a very good sign.
- 3:07But with It's not just our US congresswoman who's making buys.
- 3:11We got big news just last week that Russia Vladimir Putin is
- 3:16making moves into the silver market.
- 3:20We can't look at this meme enough.
- 3:22Vlad kicks off the new silver trend.
- 3:25Vladimir Putin, love him or hate him in a fancy silver suit,
- 3:30Russia's central bank is 1st to buy silver.
- 3:34OMG let's run over to this tweet from Silver Santa.
- 3:39He said This is a game changer for silver.
- 3:41If Russia's decision to include silver in its reserve portfolio
- 3:46becomes a broader trend amongst governments, it could
- 3:48significantly impact demand and prices in the years ahead.
- 3:53Silver may prove to be a crucial element in the evolving global
- 3:58economic landscape, joining gold as a hedge against inflation and
- 4:02a tool for nations seeking to navigate financial challenges.
- 4:07The potential for silver to take on a larger role in the world's
- 4:11financial system is now on the table.
- 4:16Do you remember any other government or central bank in
- 4:20the last two decades announcing that they're going to buy
- 4:23silver? This could be one of the biggest
- 4:26silver stories of the next decade.
- 4:29We'll be keeping a close eye on it.
- 4:31But it's not just them. What about if an ally of the
- 4:34United States, a quote UN quote Western government, Western
- 4:39country is bragging about how much gold they're having going
- 4:44against the kind of the, the, the main thrust of the G7, which
- 4:48is to say gold, silver, it's nothing.
- 4:51What if Poland is bragging about how much gold they have?
- 4:56Let's explore that. Right now.
- 4:58We hear all about India, China, the BRICS countries buying
- 5:02massive amounts of gold, but this is really one of the first
- 5:05big stories I've heard from a Western government buying gold
- 5:09and it is a big deal from Zero Hedge.
- 5:10Poland now has more gold reserves than the United
- 5:15Kingdom. Adam Galinsky, president of the
- 5:18National Bank of Poland, announced at a press conference
- 5:21on Thursday that quote on behalf of all Poles.
- 5:26The bank now has 420 tons of gold, making it part of the
- 5:31quote exclusive club of the largest holders of gold reserves
- 5:36in the world. We have symbolically exceeded
- 5:40the resources of Great Britain, which has always been kind of a
- 5:43reference point, he said, adding that the gold purchases would
- 5:47continue. He also emphasized the
- 5:50importance of gold reserves as an economic stabilizer and state
- 5:55reserve. Quote, in accordance with the
- 5:58resolution of the board, we're striving for 20% of our currency
- 6:03reserves to be in gold, Then we will find ourselves in in such a
- 6:09close exclusive club as the best economies in the world.
- 6:13Noting that the quote, best economies in the world are
- 6:15usually not frontline economies in war zones.
- 6:19Referring to the war in Ukraine, the National Bank had made sure
- 6:22to mention that Poland has some 200 billion in currency reserves
- 6:27as well. Quote, none of our trade
- 6:29partners and investors can doubt our credibility and solvency
- 6:34even when a dramatic situation is unfolding around us.
- 6:38What he's saying is gold rules even when they're on the border
- 6:43of a major war that's going on right now in Ukraine, that
- 6:48Poland can stand strong because they have gold and a lot of it
- 6:53in their reserves. Wow, there is so much going on
- 6:57in the world of gold and silver right now.
- 6:59AUS congresswoman buying a silver mining company.
- 7:03Russia buying silver as a strategic asset in Poland
- 7:09singing the praises of gold. Hey, if you want to get your
- 7:11hands on some gold, silver or even platinum group metals like
- 7:15all these people and countries are doing, do yourself a favor
- 7:19and check out Pimbex right here. Pi MB EX pimbex.com They're an
- 7:24online bullion dealer where you will find a great selection of
- 7:28precious metals, but even better, you'll find them at
- 7:31prices that are ultra competitive and I believe you'll
- 7:37find them to be a company you can trust.
- 7:39It's a company I trust. It's a company I worked with
- 7:42before they sponsored Ron's basement.
- 7:44Also want to say thank you to channel sponsor First Mining
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- 8:02lot of gold in West Africa. You can learn about all these
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- 8:09a link in the description of this video.
- 8:11Thanks for being here. Don't forget to subscribe.
- 8:14Thumbs up and I'll see you soon.