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🚨SILVER Stackers!🚨 ALERT - THIS Finally Happened! · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  The dollar to silver ratio has crossed over $1000.
• 0:05
  Let's go take a look right now, guys.
• 0:07
  It is unbelievable the amount of money that our government is
• 0:12
  creating right now. Let me get out to the screen and
• 0:19
  take a look at this guy's hold on here.
• 0:24
  Here we go. All right, hopefully we're live
• 0:26
  and you can hear me. Yes, you can.
• 0:29
  OK. This just happened this evening.
• 0:32
  And if we go over here to the dollar to silver ratio has
• 0:36
  crossed over to $1000 per oz. So yes.
• 0:41
  And what that means is, of course, via the M2 money supply,
• 0:45
  the government is now creating $1000 for each one ounce of
• 0:50
  silver that is being created. Let me give you a visual because
• 0:55
  it's important. Thanks, everybody.
• 0:57
  Hello, Annie Oakley. Hello, Scott, Long John Silver.
• 1:01
  Wow, guys. Thank you.
• 1:02
  Todd Pauly, thanks for hopping on here.
• 1:04
  For those of you just joining big breaking news tonight, the
• 1:09
  dollar to silver ratio has officially crossed over 1000.
• 1:14
  So now we know that for each one of these wrong Oh boy, it's
• 1:20
  worth. Here we go.
• 1:21
  Here we go for each one of these being created.
• 1:24
  Isn't that pretty? That came from big Tim, the
• 1:27
  silver Shire. Who doesn't love silver?
• 1:29
  There's a thousand of these being printed.
• 1:33
  Let's go out and and and take a look at a good explanation.
• 1:37
  I thought of the dollar to silver ratio.
• 1:40
  This is from the the ITM trading website and they're talking
• 1:46
  about there's a gold, there's a gold, I'm sorry, a dollar to
• 1:50
  gold and a dollar to silver ratio.
• 1:53
  Here we go guys. And if we those of you just
• 1:57
  joining, here's the big breaking news.
• 1:59
  The dollar to silver ratio is now above 1000.
• 2:03
  Let's find the dollar to gold. The dollar to gold ratio now
• 2:08
  sits at 7305 S, Dollar to silver's at 1000.
• 2:14
  Dollar to gold is 7305. But what do these numbers mean?
• 2:20
  Let's let's get an explanation from somebody other than me and
• 2:24
  see what they say. The dollar to gold ratio, which
• 2:27
  is calculated the same way as the dollar to silver ratio, is a
• 2:30
  measure that compares the year over year increase in the money
• 2:34
  supply to the annual increase in gold production.
• 2:38
  Essentially, it helps quantify. Give us a number the amount of
• 2:43
  Fiat paper right make believe I've got a new Unicorn down here
• 2:47
  I'm going to show you guys in a second Fiat currency being
• 2:50
  printed relative to the amount of gold being mined OK.
• 2:54
  The dollar to silver ratio follows a similar calculation
• 2:59
  measuring the expansion of money supply relative to the
• 3:02
  production of silver. Historically, silver has
• 3:05
  mirrored gold's role as a store of value, and the growing
• 3:09
  divergent between these ratios signals a loss of confidence and
• 3:14
  Fiat currency. So again, when we go out here
• 3:18
  and we look $1000 being printed for each one ounce of silver,
• 3:22
  but I think there's a big difference that silver investors
• 3:26
  need to realize. When you're when you're, when
• 3:28
  you're comparing the dollar to silver ratio and the dollar to
• 3:31
  gold ratio, the dollar to gold ratio is at 7305.
• 3:36
  The big difference between silver and gold is 99% of the
• 3:40
  gold, right, that's created is stored, is never used.
• 3:45
  Whereas now we know, I mean we read, I think I read recently
• 3:49
  guys like 700 million ounces of silver are going to be used this
• 3:54
  year alone. By industry.
• 3:57
  I mean really it makes no sense. Then when we look at this dollar
• 4:01
  to silver ratio, because the entire mining sector is only
• 4:06
  going to is only going to produce about 850 million oz.
• 4:10
  That means almost all of the silver that's being produced
• 4:15
  this year is actually being consumed likely to never be seen
• 4:20
  again because I think like there's a hardly any silver
• 4:23
  that's recycled. So even when we look at the
• 4:26
  dollar to silver ratio and compare it to the dollar to gold
• 4:29
  and the dollar to gold ratio is astounding as well, right,
• 4:32
  $7000. But when we look at that dollar
• 4:35
  to silver ratio and realize that from a monetary perspective, you
• 4:41
  could almost say that there's almost no silver being created,
• 4:45
  right? Because 700 million out of the
• 4:48
  800,000,800 and 50 million that's being produced, 700
• 4:51
  million of it's being being consumed is this make it makes
• 4:56
  no sense, right? And as our government continues,
• 4:59
  absolutely continues to print more and more money, right, this
• 5:05
  situation's only going to get worse.
• 5:07
  Guys, the dollar one last time. For those of you who are just
• 5:11
  joining those who have been here, I apologize for repeating
• 5:13
  this, but this is big news. The dollar to silver ratio has
• 5:17
  officially crossed over to 1000. Before we forget, and before I
• 5:23
  forget, sorry. Here we go.
• 5:26
  We are all over the place tonight.
• 5:27
  All right, let's get on the right screen and let's go look
• 5:33
  at the dollar to silver ratio again, dollar to gold ratio 7305
• 5:39
  and let's do the official update here.
• 5:42
  We've been tracking this. We've been tracking this since
• 5:48
  since not even a month ago it was a, it was near 700, just a
• 5:53
  little over 700 on the 21st of October.
• 5:56
  We're not even, we're on the 16th of November, we're three
• 5:59
  weeks later, we've gone from $700 being printed per ounce of
• 6:04
  silver all the way up to 1000. Now we are not saying basement
• 6:08
  dwellers, We are not saying that that means the price of silver
• 6:13
  should absolutely be $1000 today because we all know the price of
• 6:17
  silver should be more like 3000. No, on a serious note, we're not
• 6:22
  saying this is the ratio, right? We will say that this indicates
• 6:26
  to us just how undervalued the silver price, and the gold price
• 6:31
  for that matter, actually are. Let's go out back and finish
• 6:35
  reading what they say. Why these ratios matter, why the
• 6:38
  dollar to silver ratio and why the dollar to gold ratio matter.
• 6:43
  These ratios are not just abstract numbers.
• 6:46
  They reveal a deeper relationship between Fiat
• 6:49
  currency and true forms of money like gold and silver.
• 6:54
  Gold, unlike the US dollar, cannot be created out of thin
• 6:58
  air. They could have said silver as
• 7:00
  well, but they chose not to. Gold's production is limited by
• 7:04
  natural supply constraints. So is silver's, which
• 7:07
  contributes to its long term stability.
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  On the other hand, the US dollar is continually devalued as the
• 7:15
  government prints more currency to meet growing debt and
• 7:19
  spending obligations. Think about this guys.
• 7:23
  I want you to think about this. This is so critical to
• 7:26
  understand. There's only so much of this on
• 7:30
  planet Earth. Happy Saturday night, by the
• 7:33
  way. Happy Saturday night.
• 7:35
  There's only. So this is a 1 oz silver round.
• 7:37
  One of my favourites came from Big 10, the silver shark.
• 7:40
  I got another one down here. Listen, hear that?
• 7:44
  That's the sound of silver. This one came from my friend
• 7:47
  Coin Shop Chris. OK, whatever.
• 7:50
  Isn't that cool? Isn't that cool?
• 7:52
  Silver is so cool. Anyway, you've got silver.
• 7:55
  OK, over here, silver and you've got paper.
• 8:00
  You can print unlimited amounts of this.
• 8:03
  OK, Now why has silver been in the dumps lately?
• 8:07
  Because this has gotten more valuable.
• 8:09
  Oh really? Right.
• 8:10
  The paper dollar has gotten more valuable.
• 8:13
  Let me tell you something very critical to understand that,
• 8:18
  that the what they what you keep hearing is how the dollars gone
• 8:21
  up in value. The dollars on is on a record.
• 8:25
  You know, it's gone from 100 on the DXY index to 106.
• 8:29
  That's the dollar. And if I had some yen, some
• 8:32
  euro, I think some Swiss francs, I don't know, some who knows.
• 8:36
  That's all that is, is comparing, right?
• 8:38
  A bunch of paper money, a bunch of paper money to each other,
• 8:43
  paper money that are those all of those, all of those
• 8:47
  currencies are in a massive debasement race.
• 8:51
  So over here, right, over here, you've got silver, right?
• 8:56
  Listen, OK, Real money. Can you hear that?
• 9:00
  I don't know if you can hear that or not.
• 9:01
  Over here, you've got infinite printed paper money, my friends.
• 9:07
  This is absolutely going to win, no doubt about it.
• 9:12
  And the fact that right now, as we speak, they're printing 1000
• 9:18
  US paper dollars for each for each one ounce of silver.
• 9:23
  I want you to think about this for a second here.
• 9:26
  Here's a beautiful Morgan silver dollar.
• 9:32
  Remember back in the good old days?
• 9:34
  Yeah, you can't see it too, OK. And yeah, you can.
• 9:36
  You can see it as. You got to love that.
• 9:38
  Back in the good old days, a dollar was silver, right?
• 9:43
  Remember back in the good old days.
• 9:45
  We haven't looked at this for a long time.
• 9:47
  Is this a dollar? Look at what it says at the top.
• 9:51
  It's going to focus. Be patient.
• 9:53
  There it is. See that says silver
• 9:56
  certificate. This is from 1937.
• 10:03
  Look at what it says down on the bottom.
• 10:06
  OK, $1.00 in silver payable to the bearer on demand.
• 10:14
  OK, They aren't. It used to be that for each, you
• 10:18
  know, one ounce and maybe it's off a little bit, maybe it was
• 10:21
  .7, but none the less, each time they got an ounce of silver, if
• 10:26
  they wanted to print one of these, they had to have this to
• 10:29
  back it up, Buttercup, Right, right.
• 10:33
  If you wanted, if you wanted to print a paper bill 'cause it was
• 10:37
  more convenient, they had to have one of these.
• 10:39
  Now, for each one of these that they have, they get to print
• 10:44
  1000 of these. This is not a silver
• 10:47
  certificate. This is a dollar.
• 10:49
  You've been brainwashed, right? One more time.
• 10:53
  One more time, Buttercup. It's Saturday night, huh?
• 10:58
  We're having some fun. It used to be right that if you
• 11:04
  wanted to make one of these silver certificates, you needed
• 11:09
  to have this to back it up. Right?
• 11:13
  Silver. The silver now.
• 11:16
  Now, in today's day and age, right, If you've got for each
• 11:21
  one of these that used to be 1 silver certificate, now you get
• 11:25
  1000 of these and sooner it'll be 2000, then it'll be 3000, and
• 11:30
  then you know what's going to happen.
• 11:32
  People are going to wake up, right?
• 11:35
  People are going to wake up. Look, I have a neighborhood
• 11:37
  swimming pool. It's closed now for the winter.
• 11:40
  But during the summer when I'm up there, everybody knows I'm
• 11:43
  the silver guy, the gold guy. And my neighbors want to talk.
• 11:46
  They come talk to me. And you know, if I start talking
• 11:49
  about silver, gold, they swim away, which is fine, right?
• 11:54
  What's going to happen is when is when that, that number of
• 11:58
  dollars being printed, right? Instead of it being 1000 paper
• 12:03
  dollars being printed for each one of these, instead of it
• 12:07
  being 1000, when it turns into 2003 thousand and they go to
• 12:11
  their grocery store and they try to buy a gallon of milk and it's
• 12:14
  $12.00, guess what? They're going to be swimming up
• 12:17
  to me in the neighborhood swimming pool and say, could you
• 12:20
  tell me about more about silver, where I can get some silver?
• 12:22
  And you know what? I'm going to tell them.
• 12:24
  I'm going to say, look, I know a great place you can get some
• 12:26
  silver. They actually sponsor Ron's
• 12:28
  basement. Make our community what it is
• 12:31
  right? Without their support, we
• 12:32
  wouldn't be here tonight if they're called Pinbex Pi MB EX
• 12:37
  online bullion dealer. All right, let's just make sure
• 12:41
  the price hasn't changed on us, which it has not right.
• 12:45
  But look, if you're, if you're looking, what would Pinbex
• 12:48
  offers you if you're shopping for gold, silver or platinum
• 12:51
  group metals, Great selection, right?
• 12:55
  More importantly, ultra competitive pricing.
• 12:58
  So when you buy from Pinbacks and you get one of these boxes
• 13:01
  in the mail that's going to be wrapped up like Fort Knox, it's
• 13:04
  going to weigh a little heavier than if you'd spent the same
• 13:06
  amount of paper. Unicorn fart does paper money at
• 13:10
  one of the other big online bullion dealers.
• 13:12
  Because with Pinbacks, a lot of times I found I can get an extra
• 13:16
  oz or two or three or four with all the money that I saved.
• 13:20
  Their prices are you get more metal for your money.
• 13:25
  But what's even more important and most important is that you
• 13:29
  work with a company you can trust.
• 13:30
  Whoever you work with, right? Make sure it's a company you can
• 13:34
  trust. I know I can trust Pembex.
• 13:36
  I know from the overwhelming positive response that I've
• 13:39
  received from the basement dweller community that you can
• 13:43
  trust Pembex as well. But you need to do your own due
• 13:45
  diligence. I'll never, ever, ever tell you
• 13:48
  what to do. Silver is going to take off
• 13:52
  absolutely. Let's go take a look.
• 13:55
  This is getting crazy to go look at.
• 13:58
  I was looking at this chart of silver earlier.
• 14:01
  Australia 30 year silver price history.
• 14:05
  Do you know silver? The same thing, The same thing
• 14:11
  happened with gold. We were talking about this last
• 14:14
  year right now we were pulling up charge of gold in Australia,
• 14:18
  gold and I don't know, Singapore, all kinds of
• 14:21
  different countries all over the world.
• 14:23
  Gold was hitting new all time highs and we were sitting around
• 14:26
  with like 1900 trying to get through $2000 gold.
• 14:30
  OK, remember that was just a year ago.
• 14:33
  But gold was making new all time highs in all these different
• 14:36
  countries. And we kept saying it's just a
• 14:38
  matter of time till we get a new all time high in the United
• 14:43
  States. Hold on a second.
• 14:43
  I'm going to have a a drink of lemonade.
• 14:51
  And we did remember, right, we almost, we had 2800 intraday
• 14:58
  high on gold. We did get all right.
• 15:00
  Is that what's coming next for silver?
• 15:03
  OK, can we look at other countries, right.
• 15:06
  And let's just look at Australia, another advanced
• 15:09
  country like ourselves. And look at this silver chart
• 15:12
  from Australia, guys, going all the way back to 1994, when
• 15:17
  silver was, what, 5 Australian dollars?
• 15:20
  What, what did it hit in 2011? Oh, it got all the way up to
• 15:25
  4344 Australian dollars. That's when in U.S. dollars, we
• 15:32
  got all the way up to 50. Look what's happened, right?
• 15:35
  This is their cup. Let me draw.
• 15:38
  If this chart were bigger, what you would see is this is their
• 15:43
  that's not a good color. Hold on, hold on, hold on.
• 15:46
  Bear with me. Let's get let's go green.
• 15:52
  This is their cup, cup and handle.
• 16:01
  OK, Now what you can see is they have broken out definitely on
• 16:09
  their chart of the cup and handle.
• 16:14
  Hold on here, let's do this. OK, you can see they're above
• 16:21
  it. They're still above it as you
• 16:23
  look right here, they were at 40.
• 16:27
  OK, so they are getting back close to it, but the price of
• 16:31
  silver in Australia had definitely broken out,
• 16:34
  definitely broken out to new all time highs.
• 16:38
  The other thing to look at, which is the same thing we have
• 16:40
  in the United States is you draw one more picture on here for
• 16:45
  you. As you can see an inverse head
• 16:48
  and shoulders pattern, right? Shoot, wrong color.
• 16:53
  Hold on, here we go. All right, right here, that also
• 17:04
  broke out to the upside. Now, if we go just for fun to
• 17:08
  look at Argentina, look at the price of silver, 10 year silver
• 17:13
  price in Argentina, just 10 years, guys.
• 17:17
  We're not talking about, you know, A50 year chart or anything
• 17:21
  like this goes back to 2014. As you can see, as recently as
• 17:26
  like what three years ago, the price of silver in Argentina was
• 17:31
  somewhere in the two or three thousand Argentine peso per oz
• 17:35
  range. Look at where it is today, all
• 17:39
  the way up here, OK, which is about 3000.
• 17:44
  It has gone up 10 times in price in Argentine peso.
• 17:49
  So, you know, that's what happens when you have a country
• 17:54
  that mismanages their money and Australia is is not as bad as
• 17:58
  Argentina, but Argentina got itself into a financial crisis,
• 18:04
  financial hardship, OK, in the value of their currency, they
• 18:08
  had hyperinflation, which is the same exact thing as their
• 18:12
  currency going down precipitously in value.
• 18:16
  Let me show you what a currency crisis looks like.
• 18:21
  I hate that. I don't want to be negative
• 18:23
  about my own country. You know, I love the United
• 18:26
  States of America. For instance, if you look behind
• 18:29
  me right here, right next to the pin backs box, I have a self
• 18:33
  waving American flag, right? I got this flag up here, but
• 18:37
  there's an elephant in the room. Do you see him back there?
• 18:41
  We're going to talk about the elephant here very soon, right?
• 18:44
  Because you can't just print Unicorn fart this money forever.
• 18:48
  I mean, come on, man, you know? Right.
• 18:51
  So here's what a currency crisis, the makings of a
• 18:54
  currency crisis look like. Yeah, We'll go back one more
• 18:57
  time, $36 trillion in debt. We've gone through this so many
• 19:02
  times. This will be the next big.
• 19:04
  It won't be a celebration. Tonight's really not a
• 19:06
  celebration tonight. I mean, I guess if you're a
• 19:09
  silver holder, yes, to realize there's $1000 now being printed
• 19:13
  for each $1.00. But when we get to an interest
• 19:16
  expense of a trillion dollars, that's what a currency crisis
• 19:21
  starts to look like. OK, a lot of people think it's
• 19:26
  heading to the United States. I, I, you know, based upon math,
• 19:32
  based upon my knowledge of accounting and finance, of which
• 19:36
  I have a, a pretty deep knowledge, it's hard to see,
• 19:41
  barring any some kind of miracle or strange something happening
• 19:48
  that we don't go into a full blown inflationary.
• 19:53
  It it's, it doesn't matter what you want to call it a
• 19:55
  hyperinflation or a, a, a major devaluation of the dollar.
• 20:01
  It's six or one half dozen the other.
• 20:03
  It's really, really the same darn thing.
• 20:06
  So that's where we're heading. It's not looking, it's not
• 20:10
  looking optimistic, I guess you would say for the United States.
• 20:13
  And don't forget every Fiat currency, right?
• 20:18
  This was not a Fiat currency. It will focus a silver
• 20:24
  certificate. This was not a Fiat currency.
• 20:27
  This was backed by silver. Remember down here says you can
• 20:30
  redeem this for silver. This is from 1935.
• 20:37
  Those were the good old days, right?
• 20:39
  OK, now, right. If you got one of these, an
• 20:44
  ounce of silver, you can print 1000 of these Fiat paper,
• 20:51
  unfortunately based on nothing but no more really than
• 20:55
  confidence. And the reality is OK.
• 20:57
  The reality is that every one of these that has ever been
• 21:01
  created, every single one of them OK, has failed.
• 21:06
  It works for a little while. You can fool people for a little
• 21:09
  while, but eventually, eventually the laws of nature,
• 21:13
  right, things like like 2 + 2 = 4, right?
• 21:18
  Mathematics begins to show no forgiveness on the altar of
• 21:23
  truth and the truth does come out.
• 21:25
  All right guys, hey, thank you for being here.
• 21:26
  Let me but you know what let's have some fun.
• 21:29
  Let's. We got 506 hundred people on a
• 21:31
  Saturday night, basement dwellers, silver lovers, You
• 21:35
  know what I'm going to do my best.
• 21:37
  I want to say I want to say where you're from.
• 21:39
  Let's show each other where we're from.
• 21:42
  Some of the people that were earlier were telling me good
• 21:44
  morning. It's like 9:00 where I type
• 21:47
  where you where you're from in the in the comments section.
• 21:52
  I'm going to start I'll say Saint Louis and I will try to
• 21:57
  say them all. OK.
• 21:59
  Virginia, Washington state, Pismo, California, St.
• 22:03
  Louis, Tampa AC130. Good to see you.
• 22:06
  Florida, Florida Deer Park, Colorado insane asylum, Oregon.
• 22:12
  I'm Nova Scotia. Wow.
• 22:13
  Hawaii, Texas Mountain Hope Hawaii, New Zealand Phoenix, AZ
• 22:19
  Chicago. I went to DePaul.
• 22:21
  Dennis Lodi, NY Texas, Ottawa, Salish Sea Wall Street,
• 22:28
  Arkansas. Florida Ass OK.
• 22:31
  New York City. Hello Wilhong Uranus, South
• 22:35
  Carolina. It's 3:45 AM Hello, Fritz From
• 22:38
  Germany. Oregon.
• 22:40
  Wow. C130 Dover, AR South Pole, The
• 22:44
  Lone Star State Kathmandu, South Carolina British Columbia,
• 22:50
  Canada Marsh, Mass. Good to see you.
• 22:52
  Yuma, AZ, Louisiana, Yosemite National Park.
• 22:56
  Man, that's awesome. Kent, WA.
• 22:59
  Think about this guys, We are silver and gold lovers, right?
• 23:03
  We're coming together. It's Saturday night.
• 23:04
  I mean, isn't it wild? North Dakota Grants Pass OR
• 23:08
  North Pole, North Pole and South Pole in the House Bend OR
• 23:14
  California Oblast. Wow.
• 23:17
  Washington area. Hey, while I'm doing this,
• 23:20
  Alabama, I just got back from Alabama.
• 23:22
  Gulf Shores. You're the best.
• 23:24
  Oh, thanks, Kip. Thank you, my friend.
• 23:26
  Brecksville, OH, Annie Oakley, Sunflower State.
• 23:30
  I grew up. OK.
• 23:31
  Annie Oakley, thank you for your for being a moderator.
• 23:34
  Jake from Jake's custom parts and Big 10, the Silvershire and
• 23:37
  Susie Willcox. Arizona.
• 23:39
  Wow. Great Lakes, Thailand.
• 23:41
  Name my buddy Brian Anderson's in Thailand.
• 23:44
  He's the head of the Rotary Club.
• 23:47
  Mount Shasta, Colorado. 600 people on YouTube and X.
• 23:52
  Yeah, I know. It's crazy, guys.
• 23:54
  I mean, we're together on a Saturday night.
• 23:56
  Thank you for being here. Tootsville.
• 23:59
  Millersburg. If I missed you, I'm sorry.
• 24:01
  I'm doing the best I can. You matter.
• 24:03
  You guys all matter. Oh, man, I love the hotel room
• 24:06
  set up. Yeah, we were in a place called
• 24:10
  the Turquoise Place. Michigan.
• 24:13
  You're an international dog. Yeah, well, I'm not.
• 24:16
  You are. But you're right, Kip.
• 24:18
  What? This shows why it's important,
• 24:20
  why I love to do that. Texas.
• 24:22
  Arizona is to show how we are spread out all around the world,
• 24:28
  all around the world, all around the United States.
• 24:32
  Nevada, Texas. Arizona, Texas.
• 24:35
  Love silver, gold. The point of this is, right, the
• 24:38
  point of this is, number one, it's awesome that you're here,
• 24:41
  wherever you're from. It's awesome that we're able to
• 24:44
  do this. But guys, even more importantly,
• 24:46
  what that shows is how silver and gold have permeated the
• 24:53
  world, right? It's one of the big key
• 24:55
  attributes that we love about silver and gold.
• 24:58
  Not only is it timeless, right? It's been a value for thousands
• 25:02
  of years, not ten years or 15 years like some electronic forms
• 25:08
  of things that are out there and very popular now, no, but
• 25:12
  thousands of years, right. The silver that's in this silver
• 25:17
  round right here, the silver that's included in this very
• 25:22
  well may have been mined 3000 years ago.
• 25:27
  Who knows, right? And I'm going to tell you
• 25:29
  something back then, the people that went into like the Potosi
• 25:33
  mine in Bolivia, like only half the people came out of these
• 25:37
  mines. I mean, there, there there is
• 25:39
  blood and and toil and energy that goes into each one of
• 25:46
  these. And think about this, right?
• 25:48
  Ball guy money was the first person I ever heard.
• 25:50
  Look at that. Isn't that beautiful?
• 25:52
  That came from coin shop Chris, by the way, he's got his own
• 25:55
  YouTube channel coin shop Chris. You can check that out right,
• 25:59
  but bald guy money, he was the and that is really getting to be
• 26:03
  a nice picture man. Get a little closer.
• 26:06
  Come on, see if it'll focus on that.
• 26:09
  Wow, wow, look at that guys. Who doesn't love silver?
• 26:16
  Wow, wow, man. OK, anyway, oh, coin, not coin,
• 26:26
  Chuck Chris ball guy money said it's a it's a battery.
• 26:30
  It doesn't store energy like a like a AA or a AAA battery.
• 26:34
  It stores value, right? Think about that.
• 26:37
  Isn't that cool? You know, this, this has been
• 26:40
  valuable for thousands and thousands of years.
• 26:43
  Now, guys, we get 10 more likes. We'll get to 200.
• 26:47
  Hey, tell me when we're at 200. I'll ring the cowbell.
• 26:49
  I've been doing that too much lately.
• 26:51
  I will not stop until we get 200 thumbs up and then I will ring
• 26:55
  the cowbell. And I really appreciate you
• 26:57
  being here. OK, let me let me back up.
• 27:00
  Let me slow down. OK.
• 27:02
  Thank you for being here. Thanks for being part of the
• 27:04
  basement. You're the most important part.
• 27:06
  More on that later. The the the silver market OK is
• 27:12
  timeless, right? Thousands of years like we just
• 27:15
  talked about stores that value, but is stored this silver, you
• 27:21
  know, it was mined 3000 years ago.
• 27:24
  It stores the all that value every year, every moment.
• 27:29
  But on top of that, not just over all that time, but what you
• 27:33
  guys just proved to me. Thank you.
• 27:35
  I'm going to ring the bell. Well, I'm going to ring it for
• 27:37
  you will. OK.
• 27:39
  But what you just proved to me, it's not just timeless, it's
• 27:41
  also permeated the entire planet.
• 27:45
  I've got a I've got a you know what's interesting?
• 27:48
  Wow, this is wild. I just realized something.
• 27:51
  OK, I've like my grandpa died, I don't know, five years ago.
• 27:56
  I was really close to him. He was a great guy.
• 27:59
  And I and, and anyway, I got a couple things from him that I
• 28:03
  can see right now. And this is blowing my mind that
• 28:06
  this is happening because like I just said, right, silver and
• 28:11
  gold are timeless. Hold on.
• 28:12
  And I've showed you guys this before.
• 28:14
  I don't know why. This was my grandpa's clock.
• 28:18
  Like a little kids clock and I swear to you it's a free plug
• 28:22
  for Energizer batteries. This battery has been in this
• 28:26
  clock for like, I don't know, 20 years and it just keeps on
• 28:30
  ticking. It's a Timex silver and gold are
• 28:34
  just like are just like my grandpa's clock.
• 28:36
  Timeless. They even outlasted grandpa.
• 28:39
  OK, but on top of that, the other crazy thing is that, and
• 28:43
  I'm not going to bore you and get up and get it, but guys, I'm
• 28:47
  looking at, I also got a globe from him when he died of the, of
• 28:51
  the planet Earth that I keep up there.
• 28:54
  And I even wrote on it. It's about them when I started
• 28:57
  this YouTube channel. Like people from all over the
• 28:59
  globe, silver and gold are timeless, but they're also been
• 29:02
  valuable all over the globe. And that's what you proved
• 29:04
  earlier. The the silver market is
• 29:07
  massive. The gold market is massive
• 29:10
  compared to other markets. Do you know that the gold, the
• 29:13
  market cap of gold? I was talking to bald guy the
• 29:15
  other night and he brought the point.
• 29:16
  He's like, I think it's and don't quote, I'm not quoting him
• 29:19
  on this, but like the value of all the gold in the world is
• 29:22
  still like 10 times bigger than all the Bitcoin, right, All the
• 29:27
  Bitcoin, right? It's 10 times bigger.
• 29:30
  Gold is I think Bitcoin just from a market cap perspective
• 29:35
  perspective got to be as big as silver, but nonetheless, right.
• 29:39
  What does that tell us about precious metals everywhere,
• 29:43
  right, for all times. I got to ring the bell before I
• 29:45
  forget that's the 200 thumbs up bell for a Saturday night ring.
• 29:53
  You are the most important part. Thank you for being here.
• 29:56
  Thanks for hanging out. This is a snap live stream for
• 29:59
  those of you who just joined us. Breaking news will go out one
• 30:03
  more time before we sign off to make.
• 30:05
  Hey, maybe it went up, you know, maybe it's in 1001.
• 30:08
  Now wouldn't that be funny? Earlier today during the live
• 30:13
  stream, it went from 998 to 999. No, it has not, but there's the
• 30:20
  dollar to silver ratio now, OK, the five year average is even
• 30:26
  higher, 1500 per oz and that's because of all the money.
• 30:31
  Do you know that during COVID C19, however I'm supposed to say
• 30:35
  it, the US government, the Fed printed 40% of the dollars that
• 30:41
  were ever created in the history of the US dollar.
• 30:44
  I mean, 40% in like what, a nine month period?
• 30:48
  It's really, really crazy. All right, you take it easy.
• 30:52
  Thanks for being here. Thanks for giving the thumbs up.
• 30:55
  You know, you can subscribe, come back to the basement.
• 30:58
  I should be back on tomorrow morning, late tomorrow morning,
• 31:00
  my time. They're going to keep printing
• 31:03
  money while we sleep. Who knows what the dollar to
• 31:06
  silver ratio will be when we wake up tomorrow.
• 31:09
  But guys, this is, you know, this is happening in real time
• 31:13
  right in front of our faces. And, you know, let me say this
• 31:17
  because everybody's saying, you know, the dollar's going up and,
• 31:20
  and, and Donald Trump being elected is going to fix
• 31:23
  everything in the world and everything's going to be fine.
• 31:26
  Donald Trump is going to want a lower dollar.
• 31:29
  And that alone will provide a big catalyst.
• 31:34
  All right, as we go through 2025 to help support the silver and
• 31:39
  gold price. What we're going through right
• 31:40
  now stinks, but it's normal, OK? It's going to be OK, right?
• 31:46
  Things are going to turn around. You watch, right?
• 31:49
  And you know, I think we will see that $40 price before we
• 31:53
  know it. Thanks for being here.
• 31:54
  Thanks for being part of the basement.