Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **URGENT** Precious Metals Doing THIS Now! - (Silver Price & Gold News Update)
Transcript
- 0:01Absolute crazy activity in the precious metals markets are
- 0:06telling us that we are in for a good time as we head through the
- 0:10end. Of the year I'm.
- 0:11Going to give you all the reasons why in this video, but
- 0:15first I want to say thank you for joining me here in the
- 0:18basement. We're in the basement.
- 0:19We're together. We love to talk about precious
- 0:22metals, please. Subscribe to the channel.
- 0:25That is free. Give the video a thumbs up and.
- 0:27Share the word. About what's going on with
- 0:30precious metals. Let's start.
- 0:32By taking a look what Citibank is saying about silver.
- 0:35And then we got a lot more to talk about, including potential.
- 0:38Squeeze. And how the silver market is
- 0:41actually very similar. To what has just.
- 0:43Happened in the platinum market and gold from Goldman.
- 0:48Sachs and City and JP Morgan Chase guys.
- 0:53This is crazy. We got a lot to talk about, but
- 0:56let's start. By talking about city and hear
- 0:58what they're telling us to expect for Christmas as soon as
- 1:02Christmas, my fellow basement dwellers.
- 1:04City. Is bullish on the.
- 1:06Silver price with A6. To 12 month.
- 1:09Forecast raised to U.S. Dollar 4340. $3 per oz.
- 1:16But they say the gold gold price peak.
- 1:19They have ended due to a tightening.
- 1:21Physical supply of silver. And we're going to dig into that
- 1:25later. And escalated investment demand,
- 1:27City estimated silver. Prices to continue.
- 1:30Rising in the coming months the three month silver.
- 1:34Forecast has been. Raised from $38 to $40 while the
- 1:396:00 to 12:00. Month forecast has been lifted
- 1:42the US. Dollar 43.
- 1:43Dollars. So now Citibank.
- 1:46That right, one of the most. Respected biggest investment
- 1:48banks in the world 200,000 employees is telling us.
- 1:52Higher silver prices Let's. Talk about what's going on right
- 1:55now. And then we got a lot more to
- 1:56talk. About with these metals, but
- 1:58does it feel like. The summer doldrums.
- 2:01Remember that in Precious. Metals, the summer.
- 2:03Doldrums, right When everything slows down, think about how
- 2:07strong silver and gold have been.
- 2:09Let's go out and. Take a look at these charts.
- 2:11And then I want. To revisit this idea.
- 2:14Of summer doldrums. Here we are.
- 2:16Looking at. The silver chart.
- 2:20When I pull. It up for you there we go guys
- 2:24this is good this. Is A1.
- 2:25Year chart of silver. There is so much to unpack here,
- 2:29but there's one year when we look at what has happened.
- 2:33Over the course of this year, right, Of course.
- 2:37Here's our. Line at 30. $5 right, which we
- 2:40successfully broke through. Here was another line at 30.
- 2:44$6.30. $7.00 we successfully. Broke through.
- 2:47If this is the summer doldrums. I'd say we're doing.
- 2:51OK, how do you? Feel about that, right?
- 2:53We are up there. And when city?
- 2:55Talks about $4043 silver. Don't.
- 2:58Forget the move to $50 from there will happen.
- 3:02Very quickly, the other. Thing we want to look at on
- 3:05this. Chart is this area right here
- 3:10all right, which was critical. Again, for us to get.
- 3:12Through. Hold on a minute, let me get
- 3:14this pulled up on a shorter time frame for us.
- 3:17To look at. One month, 6 month, we'll look
- 3:23at the six month. You know, we had a lot of
- 3:25consolidation in this area. This 3630. $5 range and that
- 3:30were. Those were people.
- 3:32Who maybe didn't believe in the long term thesis behind Silver
- 3:35leaving but being replaced. With people who do.
- 3:39Believe in the long term thesis. The other critical thing to
- 3:41remember is right now. At $38.
- 3:44And $0.65 over in the futures market think.
- 3:47About it there aren't. Almost everybody is in the
- 3:50green. Are you in the green?
- 3:52On the silver that. You've bought over the.
- 3:54Last. Years or decades, everybody.
- 3:56Is in the green. Everybody is making profit.
- 3:59There are so. Few people out.
- 4:01There. And if you're one of them, my.
- 4:03Heart goes out to you. But hang in there 'cause you
- 4:06soon will be in the green. But there's just the.
- 4:08Only a few. Handful of people out there who
- 4:11bought silver at 42 or 43 dollars.
- 4:14Yeah, when we look at a long term chart.
- 4:16So there aren't many. People waiting for silver to hit
- 4:19a price where they can get. Out where they can sell oh,
- 4:22something. Also crazy about silver.
- 4:25Let's look at this. Let's just.
- 4:26Remember this if this is the summer doldrums guys.
- 4:29If we go back. One year ago right now.
- 4:32The silver price was in this like $28.00 per.
- 4:36Oz range we are up a full 10. Dollars 3035.
- 4:40Percent in the silver price in the last year.
- 4:43When we look at gold, it's even a little.
- 4:46Crazier. Let's pull this up.
- 4:49For us, look at. The one year.
- 4:50Chart of gold. I was shocked to realize when I
- 4:53went. Back a year ago.
- 4:54Right now we're. Looking at gold prices at Let's
- 5:00see. On on July 24th.
- 5:03Remember that day? That was a special day.
- 5:05Yeah, we did a live. Stream together, it's always a
- 5:07big deal. I forgot.
- 5:08To tell you you. Are the most important part of
- 5:10the basement. This is not.
- 5:11Possible without you SO. Thank you.
- 5:13In a year ago right now when you were down here in the basement
- 5:16with me. We had a gold.
- 5:17Price of two. $1400 Excuse me, ladies and gentlemen.
- 5:25Over the. Last year, the price of gold is
- 5:28up a. $1000 per oz, but this is the.
- 5:32Summer doldrums. Yeah, Yeah.
- 5:34Yeah, it's okay if we if this is the summer.
- 5:38Doldrums and we're holding. At a $3300 gold.
- 5:42Price and we're holding. Right a 37. $38.
- 5:47Over price through the. Quote UN Quote Summer doldrums.
- 5:51I'd. Say we're doing OK.
- 5:52And we know there's. Big, big, big reasons.
- 5:55To to to look. Forward to what's going to
- 5:57happen here in the future. Now what about this silver lease
- 6:01rates? Exploding.
- 6:03Have you heard about that? Right.
- 6:04That's kind of a. Recent news story, everybody.
- 6:07'S jumping on it, but it could be indicating for us that we may
- 6:10be in for a move similar to what Platinum had platinum.
- 6:14'S up like 40. Percent, OK, I mean.
- 6:17I. Look, I was sitting down here.
- 6:18I don't know. 5-6 weeks ago. And I was even looking at my
- 6:21local coin shop and I was thinking, I'm going to go buy
- 6:24some couple ounces of platinum. I didn't.
- 6:27And man was that a mistake because platinum skyrocketed
- 6:31from like under $1000 per oz. All the way to. 1400.
- 6:35But there was a big. Canary in the coal mine, and I'm
- 6:38going to show you the reason why that could.
- 6:40Relate. Directly to what's going on
- 6:42right now in the silver markets. Let's go out to.
- 6:45The Silver Academy, who shares some insights.
- 6:48For us. About what's happening here.
- 6:51Silver lease rates. Are surging over 6%, it says,
- 6:57just like Platinum did before. Its major breakout.
- 7:00Here we go. So in yellow silver shortages.
- 7:03Hit London, all those. We we feel so bad for the people
- 7:06over there at the. The The London Bullion Market
- 7:09Association, The LBMA, Right? Oh.
- 7:12Yeah, sorry guys, there's a silver shortage after all these
- 7:16years of you. Exerting what some people?
- 7:19Speculate could be unfair. Unfair trading practices.
- 7:25Now there's a little. Bit of a shortage.
- 7:27Fueling. Fears of a historic price
- 7:29squeeze. And a violent breakout
- 7:33reminiscent. Of platinum's explosive.
- 7:36Rally OK Tavi Costa. Brings this up.
- 7:40Silver lease rates are. Surging just like Platinum did
- 7:43before its major breakout. A few weeks ago, if you ask me,
- 7:48if it looks like a duck and it quacks like a duck, I'll.
- 7:52Answer that for you, Tavi and I love.
- 7:53Tavi great guy. Super.
- 7:55Great analyst. It if it looks like a duck.
- 7:58And quacks like a. Duck.
- 7:59It's probably a duck. Let's just read these.
- 8:02Few paragraphs guys 'cause this could get.
- 8:04Super exciting for Silver, the Canary in the coal mine.
- 8:10Just weeks ago, the. Platinum market provided a.
- 8:12Stunning warning to metals investors.
- 8:15Lease rates for. Physical, platinum began.
- 8:18Spiking in late spring. Ultimately peaking above 22% in
- 8:23June as supply tighten and above ground inventories plunged to.
- 8:28Multi year. Lows.
- 8:31Does that sound? Familiar.
- 8:33This was a flashing warning. Signal for those watching
- 8:36precious metals. And it didn't take long.
- 8:39For prices to. Platinum surged from under 1000
- 8:43to. Over 14. $100.00 an ounce.
- 8:46Gaining 40. Percent in just a few months and
- 8:50hitting 11. Year highs.
- 8:54The pivotal. Cause a squeeze and available
- 8:58supply driven by mining disruptions in South Africa and
- 9:02booming industrial and jewelry demand.
- 9:07Does that. Does that.
- 9:08Sound familiar? Silver investors triggered a
- 9:12scramble by refiners and manufacturers.
- 9:15To secure. Physical metal at any cost.
- 9:18The Canary in the coal mine for precious metals.
- 9:21Is this? Happening in the silver market,
- 9:24this is happening in the silver market we know.
- 9:29The plethora. Of reasons why there is this
- 9:31massive imbalance in the silver market right now, right an
- 9:36imbalance between the make. Believe paper silver.
- 9:40That they like to trade over there at the.
- 9:41LBMI, the London billion. Market association and those.
- 9:45Fine men and women at the Comex here in the United States.
- 9:49Of America, right? Oh boy.
- 9:52Aren't we going to feel sorry for them when the?
- 9:55Physical market overtakes the. Electronic paper market for.
- 9:59Silver we've seen. What's happened in gold?
- 10:02We've seen what's happened in platinum.
- 10:04Is silver to be next? Silver.
- 10:07Is to be next. It's going to be very, very
- 10:10interesting. Oh, and by the way, don't don't
- 10:13tell anybody, but there's a couple other X factors right
- 10:18now, one of which. Is this?
- 10:20Little country called China who has an insatiable appetite for
- 10:26silver. Yeah, they're.
- 10:27Buying the concentrates. Directly from the miners now in
- 10:31South America. Oh, and there's another country
- 10:34called India. Both of which were.
- 10:37Pretty much non. Factors 10 years.
- 10:39Ago both of. Which now have like the fastest
- 10:42growing. Economies in the world.
- 10:44In an insatiable. Appetite for a dwindling supply
- 10:49of silver Oh, and there's another factor that we.
- 10:52Need to talk about. Right, that is the.
- 10:54Fact that is, demand for silver continues to.
- 10:57Skyrocket. Because of that.
- 11:01Price suppression. Those people at the.
- 11:02Comex and the LBMA, they shot themselves in the foot.
- 11:06They kept the price. Down nobody.
- 11:08Invested very few people. Invested in new silver.
- 11:11Mines it wasn't economic right for most.
- 11:14Companies to go? Out and drill.
- 11:16To find new silver. It takes a decade for a new
- 11:20silver mine to come on board. So while this demand skyrockets
- 11:25in the in, this imbalance gets corrected.
- 11:28Now, I'm not a financial advisor.
- 11:29Don't make any financial decisions based on what I'm
- 11:32saying. I'm just telling you how.
- 11:33I see it. But as this happens.
- 11:36OK. And.
- 11:37Even if the price does skyrocket, well, guess what?
- 11:39Because there's been no real investments made into silver
- 11:44exploration or development. It's going to take a long time.
- 11:48We're going to have a wonderful. We're going to have a.
- 11:53The best party for 345? It's going to take.
- 11:56Years for the silver. Mining sector to increase their
- 12:00production. They can't just flip a switch.
- 12:03OK, it could be. Very, very interesting.
- 12:05Now if you want to get your hands on some silver right now,
- 12:09I want to say thank you to channel sponsor.
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- 14:23Let's move on here to the next. OK, now we've got.
- 14:25Massive, massive. Influencers in the precious
- 14:30metal sector calling. For big.
- 14:34Major moves in There's another one here we go there's.
- 14:39The silver lease rates. Exploding again, that's not what
- 14:41we're going to look at. We're going to go here and we're
- 14:44going. To go to North Star charts.
- 14:46Look at this massive influencer on XA 116,000 followers talking
- 14:51about 200. Dollars silver Let's.
- 14:53Talk about the reason why, OK. Why did he say that?
- 14:56Because if you think. Silver at 40, 50 or 60.
- 14:59Is the end. Think again.
- 15:02It's. Barely the beginning.
- 15:04Only the beginning. Silver.
- 15:07We're going to sing a lot. When we get the $200 silver
- 15:11should. Fly.
- 15:12After stock markets have bottomed in 2026 or 2027, think
- 15:18102 hundred and you'll be a. Lot closer.
- 15:21To the mark and they do in depth technical analysis.
- 15:24This right here shows. Us the handle, all right on the
- 15:29world's biggest and prettiest, most wonderful cup and handle
- 15:33pattern that we've ever seen, but again, calling for silver.
- 15:37Prices as high. As $200 per Oz.
- 15:41A major influencer on X and let's go to the next one here.
- 15:46This. Really shocked me.
- 15:48This is AD bait Aurora OK. Ed bait happens to.
- 15:51Have. 200,000 followers on X, but what's even more?
- 15:56Interesting is that he's a. Student of the market since
- 16:002001. Some multi baggers, many
- 16:03lessons, always learning. But look at this silver.
- 16:08Forming A45 year cup and handle which is one of the rarest and
- 16:12most bullish long term panners ever seen in commodities.
- 16:15As per. Experts prices are.
- 16:16Nearing the neckline and. If it breaks out.
- 16:19This won't be a small move. I'm super bullish on silver just
- 16:22because we can't get enough of this.
- 16:26The 45. Year, cup and handle.
- 16:27But wait guys, there's. Reason.
- 16:29Even more reason to be optimistic about.
- 16:31This because. People like Mike Maloney, other
- 16:34analysts had pointed out the fact that on a on a on a 12
- 16:37month rolling annual basis, a six month basis and even a.
- 16:41Quarterly basis silver has. Broken out, OK, on those levels.
- 16:46Silver has broken out of this cup and handle formation.
- 16:50Look, I know it's the summer doldrums, right?
- 16:53We you know. Everybody's, whatever.
- 16:55We are hanging so strong with the silver and the gold price.
- 16:59There's great, great, great. Things to come and then what?
- 17:01Does Tommy Costa show us even more?
- 17:04You want another. Reason to be excited about the
- 17:07precious metals, including silver.
- 17:09Here we go. This was.
- 17:11Posted by Gen. X Tina she says the.
- 17:13Silver Bull Cycle. Is just getting started and I
- 17:18need to share the right. Page.
- 17:19There we go. However, what she shares is this
- 17:24great, great, great. Chart from Tavi Costa showing
- 17:28silver prices 10 year rolling changes as a percentage.
- 17:34OK. 10 year rolling change. As a percentage, here's the
- 17:38percentages over. Here you can see 1000 from a.
- 17:41Zero. Here's the long.
- 17:43Term starting back in 1970. OK, as you can.
- 17:46See obviously up here. In 1980, when silver, that was
- 17:51the that was the one of the rims of the cup, right, the 10.
- 17:54Year so this. This measures the 10 year kind
- 17:57of average rolling change in the in the price.
- 18:00Of silver. As we can see, again, it shot
- 18:03up. All the way to like a. 1000% in
- 18:062000. 11 if we circle. That down there, what are we
- 18:10seeing right now? Let's circle this a bunch of
- 18:13times. What we're seeing right now.
- 18:15Is that that? 10 year rolling average.
- 18:18Right here. OK, guys.
- 18:20Is starting to move up and if it continues and I.
- 18:24Believe that it will. That will spell much, much, much
- 18:28higher prices. For the silver price.
- 18:31And just in case this was a great comment from one of you
- 18:33basement dwellers on the most recent video, this came from his
- 18:37higherness. 8472. Talking about the beach ball
- 18:42held underwater. Hold on a minute here.
- 18:46There we go, the beach ball held underwater in the silver.
- 18:50Market OK, he said. Remember the beach ball being
- 18:54held underwater? Is filled with.
- 18:56Helium thanks to our friends over at the COMEX in the in the
- 19:02in the LBMA. We're going to talk about gold
- 19:04next, but I want to say thank you to channel sponsor First
- 19:07mining gold. They help sponsor the gold and
- 19:10silver content here in the basement First Mining.
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- 19:14The stock that I own, I have owned for years.
- 19:17I'm not a financial advisor, I'm not giving financial advice, but
- 19:20First Mining Gold is a Canadian gold mining company, a
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- 19:38Quebec both have multi million ounce deposits of gold that have
- 19:42been determined. It's like buying gold.
- 19:45In the ground, you know, I don't own a lot of.
- 19:48Physical gold OK, however. I own that stock.
- 19:52Because I. Like the idea of owning the gold
- 19:54and the ground, and they're going through this exciting
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- 20:00The permitting process for those mines, so there's a lot of
- 20:03potential catalyst coming down the road.
- 20:06They also have another project in Canada called Cameron, which
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- 20:15He's the chairman of the board and he continues.
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- 20:23Newmeyer just made a. Large purchase of.
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- 20:27I'm super excited about the company.
- 20:30But also a very appreciative. Of them for helping sponsor Ron
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- 20:35the company, you can actually reach out to their Director of
- 20:38Investor Relations, the one and only, Mr.
- 20:41paul.morrispaul@firstmininggold.com but.
- 20:44Let's talk about. Gold and what Goldman Sachs and
- 20:48JP Morgan are saying what we can.
- 20:50Expect in the gold price we get this.
- 20:53From Jesse Colombo, Emerging who's Emerging is one of the top
- 20:58analyst in the precious metal sector.
- 21:00This guy puts out. Great information.
- 21:02He asked how realistic. Are Goldman and JP Morgan's hold
- 21:07on here? There he is.
- 21:08Sorry about that. There's.
- 21:09Jesse in the upper. Left corner How realistic are?
- 21:12Goldman's and JP Morgan's $4000 gold targets and.
- 21:18There we are, despite gold strong price.
- 21:21Gains over the past 15 months Goldman Sachs on Monday
- 21:24reaffirmed its. Forecast for gold to.
- 21:26Reach $3700 by the end of 2020. 5 Hey guys, how do you?
- 21:31Feel. About that I feel.
- 21:32Pretty good right? We're what, 3350 ish right now?
- 21:353700 sounds good and 4000 by mid 2026.
- 21:42That's just 12 months from now. OK.
- 21:46This is interesting. JP Morgan agrees with Goldman
- 21:49and Last. Week predicted the Goldman
- 21:51average 3670. Five an ounce in the 4th.
- 21:53Quarter of this year still good. Rising to 4. 1000 in the.
- 21:58Third quarter. Of 2026 again about 12 months
- 22:02from now. Previously, the firm didn't
- 22:04expect gold to reach. 4000 at all Next year.
- 22:08Natasha Kaniva reminds me of Evil Knievel, head of global
- 22:14commodity strategy at JP Morgan. Explained that the.
- 22:16Risk of a recession and global trade tensions make 4000 target
- 22:21even more achievable quote from Natasha we remain deeply
- 22:27convinced of a continued. Structural bowl case for gold
- 22:32and raise our price targets. Accordingly, Thank you, Jesse.
- 22:36Thank you, Natasha. Thank.
- 22:37You gold market. Because when the gold.
- 22:40Price goes up. It's going to bring the silver.
- 22:42Price with it. We love silver.
- 22:44We love gold. And as the gold to silver.
- 22:46Ratio continues to compress. Let's do some quick math.
- 22:52If we get 4. $1000 gold right and we get.
- 22:57Let's say A50. To 1.
- 22:59Gold to silver ratio which? Historically is very.
- 23:02Normal, so don't. Throw eggs at me, OK?
- 23:05Don't throw your your American Silver Eagles.
- 23:07At me, those things. Hurt when you throw them through
- 23:09the screen is my math. Correct 4. $1000 gold 12 months
- 23:14from now. Let's just, let's just.
- 23:17Imagine. Let's.
- 23:18Go on a little trip together $4000.
- 23:21Gold like JP? Morgan and Goldman Sachs are
- 23:24saying 12 months from now. And and and we got a 50 to 1.
- 23:31Gold to silver ratio. Meaning it would only take. 50.
- 23:35Ounces of silver to get one ounce of gold.
- 23:39Which is historically. Within the realm of normalcy,
- 23:43that would make. The silver price $80 per oz.
- 23:49Look, I have a degree in accounting.
- 23:51That's right. Audit me, right?
- 23:54The future looks super bright for gold.
- 23:58The future looks super duper bright for silver.
- 24:02The future looks bright for us, those of us.
- 24:06Who've been through the fire? Those of us who.
- 24:08Withstood right the. Heckles in the insults from our
- 24:13relatives. Our neighbors.
- 24:15Our pastors. What are you buying silver for?
- 24:19What are you buying gold for? It's a barbarous.
- 24:21Relic. Oh, really?
- 24:23Right, I've always said. Silver is the original form of
- 24:25cryptocurrency. OK, but none the less.
- 24:29We have withstood the hackles. Do you feel like?
- 24:34Maybe the tide is. Turning Do you feel like maybe
- 24:41it's time for your day in the sun?
- 24:43Right, You stood by your convictions now in the beautiful
- 24:49thing of the. Guys, the beautiful.
- 24:50Thing of it is. We became such a.
- 24:52Small tight knit community. The precious metals community.
- 24:56The beauty of it. Is that right now right?
- 24:59We, we, we were small as people. It's it's.
- 25:03It's not going to take many people joining us.
- 25:06Here's one more, one more secret for you.
- 25:09It's not going to take many people joining us.
- 25:12They have a major. Impact on the demand.
- 25:15For gold, silver and the gold and silver mining stocks, look,
- 25:22I don't have a crystal ball, but I'm just.
- 25:24Telling you what's happening right now.
- 25:26Right before our very eyes. Because we know what's happening
- 25:31in the world. We know, we know that this
- 25:35thing, oh, should I open this? Maybe I shouldn't open it?
- 25:38Yeah, let's open it. Poor guys under attack.
- 25:41From the President. OK, thank you.
- 25:44That's upstairs. Susie say to hello.
- 25:47Hello to some people. This.
- 25:50Poor guy's under attack from the president, but we know.
- 25:53That at the end of the day, the more of these that he prints
- 25:58here, let's get his picture up. The more of these, the more of
- 26:01these that he prints. I wonder if I can pull it out
- 26:03of. The box not, but it'll RIP.
- 26:05Don't want to RIP our door, right?
- 26:07Right. The more valuable this.
- 26:14This beautiful Las Vegas silver. Round from channel sponsor first
- 26:17meant the more valuable this becomes, that's the real.
- 26:23Susie, hey. Everybody say hi to upstairs.
- 26:25Susie for those of. You who are new because we got a
- 26:28lot of new people joining us. By the way, subscribe to the
- 26:31channel, it's free. We got a special.
- 26:33Going for you? Right, we never charge.
- 26:35Anything. You can choose to be.
- 26:37Here, and it's a big honor you're here, but.
- 26:39Please subscribe to the channel. Give it a.
- 26:41Thumbs up and press. That button upstairs, Susie,
- 26:44that's my wife. And she just said something.
- 26:49Let's see if we can get her on the.
- 26:50Walkie-talkie here. Susie, did you say we almost had
- 26:53a? 100 likes you need.
- 26:56Three more. Open.
- 26:58Oh, come. On guys, can you?
- 26:59Please give us 3. More likes and I'll read it 100
- 27:01and. Three, OK.
- 27:04Thank you over all, right. We got a. 100 likes.
- 27:07I will do it. I will ring the golden gong and
- 27:09then we're going to look and say hello to some people.
- 27:13Who's some people? All right, you're a.
- 27:15Person. You're an individual.
- 27:16You're special. Let's ring the gun.
- 27:18We got 100 thumbs up. Listen to it resonate.
- 27:27It's still resonating. Can you hear it?
- 27:29All right, let's say hi to some of the basement.
- 27:32Dwellers. And before we do that, guys,
- 27:36don't forget. These guys are so nice at this
- 27:38company and I love this thing. Dirty man safe.
- 27:42You might have a safe in your house.
- 27:44You might think it's fireproof. You might have a safety deposit
- 27:46box at the. Bank.
- 27:47You might think it's safe. You might hide stuff in your.
- 27:49Walls, but if you. Really want to keep things safe?
- 27:52You got to do. What's been working for
- 27:54thousands of years are. That's what the pirates did
- 27:57They. Buried their treasure in the
- 27:58ground and it's proven a safe and.
- 28:00Effective way to keep your valuables out.
- 28:04Of harm fire can't. Touch it.
- 28:05Flood. Can't touch it, Nothing can.
- 28:07Touch it right and you're 2 feet down a dog.
- 28:10Can't dig it up, nothing. Dirty man safe.
- 28:13Dirty man safe. And there's a discount code Ron
- 28:1710. There's a link in the
- 28:19description of this video. These things are awesome.
- 28:22You know when I first got it. I was way.
- 28:24Exceeded my expectations I. Thought, oh, a plastic tube that
- 28:27I. Bury in my yard when you get
- 28:29these and it comes with this big.
- 28:31Sleeve. Right.
- 28:33You put this sleeve. You put this sleeve.
- 28:37You put this sleeve in the ground, all right, and then this
- 28:40fits down inside of it, and there's a cap that goes on top.
- 28:44There's a handle. It's really a cool product.
- 28:47And then? It's very robust.
- 28:50You open her up on the bottom. It's got a giant, giant O-ring
- 28:54on there, and you put something in there.
- 28:56I got a little Unicorn in there. Something valuable I want to
- 28:59ask. About your valuables.
- 29:01And only you know where it's buried in your yard.
- 29:04But again, safe from fire, flood, everything else.
- 29:06Let's let's say hi to some of the dwellers.
- 29:10All right, let's pull up some comments here.
- 29:13Who should I say? Hold on here, Suzanne.
- 29:17Is there anyone or? Upstairs, Susie is there.
- 29:19Anyone you recommend that I say hello?
- 29:20To I see. Josh Josh Lynch from Queensland,
- 29:24Australia, I think. Susie and I went there trying
- 29:27to. Say hello to everyone.
- 29:33There was a question from. A person named Ron from.
- 29:36Crestwood, Ron. From Crestwood.
- 29:37All right, well, let me see if I can go through these comments.
- 29:40Wow, I'll be digging up your yard.
- 29:43Yeah, mine's in the basement. Randy.
- 29:45You funny guy? You.
- 29:47Hello. Randy, Randy Dandy.
- 29:49Hello. All right.
- 29:50Mountain grizzly in Montana. Wow.
- 29:53I'm in Saint Louis. Gong is sweeter than the bell.
- 29:57Yeah, I love the gong. Thank.
- 29:59You BS tard shush. We used to have a guy here named
- 30:03Old Dirty. Bastard.
- 30:03There's Who's this? Oh, look at this.
- 30:06That's upstairs, Susie. Let's pull her up.
- 30:08Hi, Susie. I think she really wanted me to
- 30:11say hi to her. Tom Bartard.
- 30:13I'm looking through Magic Moon Mountain.
- 30:15Grizzly Mr. Tom Randy Miller. Hello.
- 30:20Abraham Taylor. Hey, Abraham.
- 30:22Good to see you, buddy. Ron, hello.
- 30:24From Ron and Crestwood. Hold on a minute here.
- 30:27Let's see if I can pull this up so I can see it.
- 30:31Let's see. Oh, shoot.
- 30:33I can't read it. All right, hold on, guys.
- 30:36We're having some technical problems here.
- 30:38Sorry. I can't read that.
- 30:42Well, OK. Hello from Rod and Crestwood.
- 30:44Do the banks have any SLV? Short.
- 30:48Positions remaining to sell, I think they're out of options and
- 30:52agree the end of the short position is nearing to an end
- 30:57from what I understand. And I think new data will come
- 30:59out today this cotton report commitment of traders, but we've
- 31:03been at or near record. Level shorts.
- 31:06By the big banks, OK. Basically for those of.
- 31:09You who don't know a short is when they.
- 31:11Sell the silver. Thinking that in the future they
- 31:15can buy it. Back at a lower.
- 31:16Price and make a profit. But if the price goes up the
- 31:20opposite way that they're. Hoping for they have to buy.
- 31:23The silver back that's called a short squeeze right at this
- 31:26price starts to take off. So I don't know, you know, the
- 31:30banks. Look, the reality is we've got a
- 31:33lot. Of weird dislocations right now
- 31:35in the silver market, however the banks will can never cease
- 31:41to amaze. Us.
- 31:42So we'll have to. See how that one plays out?
- 31:44All right, guys, I'm going to sign off.
- 31:46Thank you for joining me in the Basement.
- 31:48It's always a big pleasure, seriously.
- 31:50Right. The most important person here
- 31:52right now is you. It's a big honor, Susie.
- 31:55And I say thank you. For your support.
- 31:57At the channel, OK. Be good to yourself, don't
- 32:00forget. Please subscribe.
- 32:01And we'll see you soon. Have a great day and let's.
- 32:04Go hi ho Silver.