Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 SILVER UPDATE! 🚨 - THIS is Happening NOW! - (Gold Price News UPDATE too)

Transcript

🚨 SILVER UPDATE! 🚨 - THIS is Happening NOW! - (Gold Price News UPDATE too) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  An absolute epic time to be invested in gold and silver, and
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  we want to look at all the reasons why, all the big stories
• 0:10
  that are pushing the silver and gold price right now and what it
• 0:13
  means for the future of the precious metals.
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  We're going to do it together. Please subscribe to the channel.
• 0:19
  I want you to come back down here in the basement and spend
• 0:22
  some more time with myself and upstairs.
• 0:25
  Susie, I've got to do a quick update today because next I will
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  be interviewing, I mean, Jim McDonald.
• 0:31
  He's the CEO of Kootenay Silver. We're going to get his insights
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  on what's happening right now in the silver market.
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  Look for that video interview coming out later today.
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  He has decades of experience and some keen insights into what is
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  happening. But let's talk about right now.
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  Can you believe that physical silver is almost $20 per oz
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  higher in China? We're going to look at that.
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  We got to talk about the silver billionaire.
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  We got new news from him and we're going to hear it from
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  President Donald Trump right here we are in the basement.
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  Hold on one second here, guys. Sorry.
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  We are things are moving at the speed of sound right now.
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  All right, let's go out to China.
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  And this is incredible, absolutely incredible.
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  Our friend the Oriental Ghost. Hold on one second, right.
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  Hey, we got to ring the gong shares with us.
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  This the latest data from the Shanghai Gold Exchange, which
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  shows us in no uncertain terms that in China the physical price
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  for silver right now is 100 and almost $6 per oz.
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  Again guys, that's the Shanghai Gold Exchange.
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  That is their physical market. In their futures market, it's
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  actually a little bit lower, barely, barely, barely teeny
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  weeny itsy bitsy into backwardation, which is very
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  unusual. But compare this price right
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  here, the One O 559 to what we see when we go out to Kitco and
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  get the screen up for you there, $86 per oz.
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  Silver was up big this morning. Let's talk about that because
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  well, talk about two things. Number one, let that sink in for
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  a second, right? To buy one physical ounce of
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  silver in China cost about $105. Supposedly at the at the LBMA,
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  the spot market in the West, it cost $85, a $20 difference.
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  Now what happened this morning, we've been talking about how
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  important it is to be prepared. We are going to have volatility
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  in the silver and gold market, probably will go on for a couple
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  months as we consolidate. But guys, if we consolidate
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  above $80 per oz, possibly above $90.00 per oz, that is an
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  unbelievable receivable platform from which maybe two months,
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  maybe 3 months, maybe six months, but from which we could
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  blast off much, much higher. Let's go to Dubai.
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  There's something interesting happening in Dubai.
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  We're going to go on a little trip around the world together
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  right now. And here we go.
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  We get this from the Whale Insider, which is a huge account
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  on X 650,000 followers. They they break this news this
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  morning Justin silver shortage in Dubai, one of the wealthiest
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  countries in the world, as buyers are now paying a 15%
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  premium amid rising demand and that comes from the Khalid
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  times. We had reports yesterday right
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  from uh oh, hold on here, read reports yesterday from
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  Australia, from Singapore, from everywhere.
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  We're getting this news that there's a worldwide physical
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  shortage of silver. And why is that so important?
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  Because this is a physical driven rally.
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  This rally that we've seen in in silver is not based on the paper
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  market. The paper markets trying to push
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  it down, down, down. The physical market is pushing
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  it higher and higher. And as you know, that's
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  happening with the help of of our friends in China and India
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  who have really begun to take over the pricing mechanism for
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  silver. Look, it was 6 1/2 weeks ago
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  roughly that we sat down here in the Shanghai Gold exchange price
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  in the LBMA spot price were just about the same.
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  And I and we talked about like, wow, now it's really happening.
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  The actual paper market is being forced to recognize the physical
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  market that I believe will happen again, that the, that the
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  Chinese and the Indian markets will drag and the market in
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  Dubai, the physical market will drag kicking and screaming,
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  right? Those boys and girls at the
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  COMEX and the LBMA, they aren't going to like it.
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  They will be kicking and screaming, but it will drag the
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  actual paper price of silver to be much closer to the to the
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  physical price. Let's go out next.
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  Let's go, let's go to Singapore. We're going to go a little bit
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  out of order here. Then we're going to talk about
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  the latest from the silver billionaire Bullion Star.
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  Just put this out, quick update on the ground.
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  Bullion Star is the biggest or one of the biggest, I believe
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  the biggest bullion dealer in Singapore, one of the richest
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  countries in the world. The physical market is under
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  serious stress. The physical market, silver
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  especially near impossible to source.
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  Mints are closed, refineries are backlogged, and most competitors
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  are empty. OK, they have inventory and
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  they're talking about how premiums are skyrocketing.
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  So we're getting news from one of the biggest, most reputable,
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  trustworthy bullion dealers in Asia in Singapore, one of the
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  richest countries around. But what's interesting, and
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  we're seeing this in Dubai, we're seeing it in Singapore
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  from Bullion Star, premiums are rising.
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  Premiums are how retail demand is measured.
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  And on a worldwide basis, it's beginning to explode.
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  Are we going to see it even more so on the online bullion dealers
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  in the United States? We'll be keeping a close eye on
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  it. But remember the big key take
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  away here guys, this is a physical driven rally in the
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  metal. Oh, and by the way, the mining
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  sector, the amount of physical they've been producing for
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  almost the last 10 years now, since 2016, has been going down,
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  down, down. It hasn't collapsed, but the
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  silver production from the world's mining sector has been
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  going down. What about the billionaire David
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  Bateman, The new Hunt brothers? This is crazy.
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  We have an update, excuse me, on just how much silver he actually
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  has right now. This came from the Silver
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  Academy. Bateman outsmart outsmarts JP
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  Morgan, and I'm sorry, Bateman outsmarts the JP Morgan silver
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  crash. He bought their engineer dip
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  while everyone else panicked. And again, what happened on
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  Friday can't. There's no other way to explain
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  it except that it was engineered.
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  Read another big article this morning.
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  A10 Sigma event is not naturally hat cannot naturally happen.
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  It has to be engineered. But is Wall Street dumped into
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  the manufactured smash? Bateman quietly scooped up
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  millions of Oz at fire sales, fire sale prices, turning their
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  cartel playbook into his personal wealth machine.
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  And now look at this guy's. This is what's crazy.
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  Today's spot price. It was 9150 when this was
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  written. Bateman's 4 silver strikes now
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  look like a master class and conviction.
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  He has 15.77 million, almost 16, 1,000,000 ounces of silver and
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  this guy is smart and he is not buying.
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  Again, the big key take away here is he's not buying paper
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  silver. He's not buying futures
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  contracts on the COMEX, he's not buying LBMA silver.
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  He's buying the actual physical silver.
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  And last week, he put out a message that said he was ready
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  to buy $200 million in junk silver, 90% constitutional
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  silver. He's serious.
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  He means business and we're going to keep a close, close eye
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  on it. Now let's talk about the big
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  story of the day. Before I do that, Thank you to
• 8:43
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• 8:50
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• 8:52
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• 8:55
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• 8:59
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• 9:03
  Mining Gold. Canadian gold development
• 9:06
  company with two multi million ounce projects.
• 9:08
  Spring poll in Ontario, Duke Parquet in Quebec, millions of
• 9:11
  Oz of gold in the ground working through the development phase.
• 9:15
  You can learn more about them at firstmininggold.com.
• 9:19
  But the big story we're going to hear from President Trump
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  himself, not a political channel.
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  I'm just reporting what's going on, but they're talking about a
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  12 billion dollar critical mineral stockpile.
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  Let's get into this. We got three things to look at.
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  First and foremost, we had this come out from the New York
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  Times, so mainstream media, and now I'm sharing the right
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  screen. Sorry about that, guys.
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  There it is. New York Times.
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  Trump unveils $12 billion critical mineral stockpile.
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  The quote, UN quote project Vault initiative is intended to
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  reduce US reliance on China for key technology components.
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  Then it's getting covered by mainstream media again.
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  CBS News, Trump says today we're announcing the creation of the
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  US Strategic Critical Mineral Reserve, the first ever
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  stockpile of critical minerals that you've been hearing so much
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  about. OK.
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  And he says just as we've long had a strategic patrol, oh, I'm
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  not sharing the right screen. Sorry, guys, here we are now
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  we're on CBS News. You don't need me to show you
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  that last paragraph I read and let's go.
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  What the heck? There it is.
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  Just as we've long had a strategic petroleum reserve and
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  a stockpile of critical minerals for National Defense, and that
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  is going on right now. Something very interesting we're
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  going to point out after we listen to President Trump
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  himself talk about what's going on.
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  This is one minute long. Here we go.
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  For years, American businesses at risk running out of critical
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  minerals during market disruptions.
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  Today, we're launching what will be known as Project Vault to
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  ensure that American businesses and workers are never harmed by
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  any shortage. We don't want to ever go through
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  what we went through a year ago. Just as we although it did work
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  out. Thank you.
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  Just as we have long had a strategic patrol in reserve and
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  a stockpile of critical minerals for National Defense, we're now
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  creating this reserve for American industry so we don't
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  have any problems. This historic initiative will
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  combine $10 billion dollars in export import bank financing
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  with $2 billion in private sector financing.
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  And we even expect the American taxpayer to make a profit from
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  the interest on the loan used to start the Project Vault.
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  It's an amazing thing. They've been talking about it
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  for years, other presidents say. A lot of talking, but they
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  didn't do anything. OK, guys, so what's the big take
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  away here? OK.
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  And apparently there's like leaders from 50 countries in
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  Washington, DC right now talking about critical minerals.
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  Silver is on the critical mineral list.
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  OK, Think about what's happening right now.
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  This is real. The scramble for for, for
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  critical metals, including silver, is real.
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  The world has woken up. The Chinese woke up.
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  The Indians woke up. All those people in Singapore
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  woke up. All those people in Dubai woke
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  up. All those people queued up, You
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  know, they don't call it lines in Australia.
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  They call it queues queued up in Australia have woke up to the
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  fact that there is a shortage and now a scramble for silver,
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  which explains to us why this current rally that we have in
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  the silver price is physical driven.
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  The paper price. Yeah, sure.
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  We'll look at it. We're, you know, used to it,
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  brainwashed, whatever you want to say, but it is becoming less
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  and less significant. What really matters is how much
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  does it cost to get our paws on one of these, right?
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  An ounce of physical silver. That's the back of the Las Vegas
• 13:12
  round from channel sponsor first meant, and it's real now.
• 13:16
  I was laughing because I thought, well, President Trump,
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  you know, if you want to get a strategic reserve of silver,
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  maybe you're going to have to talk to our favorite silver, the
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  new Hunt brothers. But he's doing it with physical
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  silver. The gentleman we talked about
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  later or earlier. I'm sorry, Mr. Bateman, we are
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  in a new paradigm for the metals.
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  We may consolidate for a while. That's OK, guys.
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  If we consolidate at $80, if we consolidate at $90.00, if we
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  consolidate and it's $70, it's all OK.
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  This is not a day by day by day thing.
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  We have a long term perspective just like we had two or three or
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  four years ago. Let me ask you a question.
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  Where do you think the silver price, if you choose to use the
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  US dollar as the measuring stick, where do you think the
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  price of silver will be in three years, in five years?
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  Look, everybody has to answer that for themselves.
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  I'm not a financial advisor. Don't make any financial
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  decisions based on what I'm saying.
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  But if I choose, if we choose to use the US dollar paper, right,
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  this, this stuff, right, to measure the value of silver,
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  when I look out three to five years, all I can say is or look
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  out even 10 years, the sky is literally the limit, right?
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  We've got a fundamental story with silver and with gold.
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  But a fundamental story with silver, guys, we are using more
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  silver than we produce every year.
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  That's been the case for five years in these mining companies.
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  Again, I'm going to be talking to Jim McDonald here in a
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  second. I'll put the interview out
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  later. But but these, these mining
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  companies, they can't just turn a switch and turn and make more
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  silver, OK? It's going to take years and
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  years. Phillip Baker Phillips Baker,
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  the former CEO of Hekla Mining, the United States oldest and
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  largest silver mining company. He said it would be 20-30 at the
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  earliest that the mining sector could actually start to have any
• 15:22
  kind of material increase in their output of silver.
• 15:27
  I don't know. It seems interesting to me.
• 15:29
  I got to run. Thanks for being here.
• 15:31
  Please subscribe to the channel. It's free.
• 15:34
  We got the whole the big special going on again for 2026.
• 15:38
  It's free to come join me in the basement.
• 15:40
  It's a big honor when you do look.
• 15:43
  This is not possible without your participation.
• 15:45
  Your time is valuable and I appreciate you coming down here
• 15:49
  today. Take care, OK?
• 15:51
  And I will see you. Yes, you.
• 15:54
  I'm looking at you next time.