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Transcript

🎯 THIS Is All It Takes to WIPE Them OUT! - (Gold Price Too) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  Unbelievable fact about silver. One of you reached out to me and
• 0:04
  pointed this out something about silver that will knock your
• 0:08
  socks off and then there will be even more.
• 0:12
  What if I told you 5 oz. That's all it would take yes,
• 0:17
  you now I'm glad you're here with me right now in the
• 0:20
  basement. Basement dweller.
• 0:21
  We love to talk about silver. We love to talk about gold, but
• 0:24
  what if, what if it only took 5 ounces to wipe out all the
• 0:31
  world's mining supply for the entire year?
• 0:35
  We're going to talk about that in this video.
• 0:38
  And then there's a big bonus factor that I'm going to point
• 0:42
  out to you at the end, but you're ready to do your part
• 0:49
  with five ounces of silver. I have a sneaking suspicion
• 0:53
  you've already done your part and maybe even more.
• 0:56
  But listen to this. Last year, 26,000,000 kilograms
• 1:01
  of silver were mined worldwide. What the heck is 26,000,000
• 1:05
  kilograms? We know that equates to a little
• 1:08
  over 800 million ounces of silver.
• 1:12
  It sounds like a lot, but it is not.
• 1:16
  Consider an example to illustrate. the US debt clock
• 1:20
  shows that the United States has about 161 million workers.
• 1:25
  Let's go to the debt clock and check that out for ourselves.
• 1:29
  Have you found the total US workforce number yet?
• 1:32
  Look at all those numbers. Look at the one in the upper
• 1:34
  left hand corner, $34 trillion in national debt.
• 1:38
  But that's not what you're looking for.
• 1:40
  You're looking for the total number of people in the US
• 1:43
  workforce. It's right in the middle, right
• 1:45
  here. US workforce now, 161 million
• 1:51
  people. Do you know what 5 * 160 million
• 1:55
  is? Yes, 800 million.
• 1:57
  That's right. If every worker in the United
• 2:00
  States, not everyone, just those that are employed, those that
• 2:04
  are working, were to buy 5 ounces of silver during the
• 2:09
  course of the year. That would wipe out completely
• 2:13
  the entire amount of silver provided to the world by the
• 2:17
  world's mining sector. All the silver for the entire
• 2:21
  world would be gone lickety split.
• 2:24
  That's right, not even any silver available for non working
• 2:28
  or retired people in the United States, or the 1.4 billion
• 2:33
  people in China, or the 1.4 billion people in India who both
• 2:40
  love silver, nor for the rest of the world, Europe, South
• 2:45
  America, Africa, Australia. No more silver would be left
• 2:50
  sold out. None, not even one ounce, but
• 2:54
  there's a GBF, a great big bonus factor embedded in that data
• 3:01
  that I'm going to tell you at the end of the video.
• 3:02
  So make sure you watch to the very end.
• 3:06
  Before we go on, I want to say thank you to channel sponsor
• 3:09
  Pembex Pi MB EX. If you want to get your hands on
• 3:14
  your 5 ounces of silver and you want to do it right now, do
• 3:18
  yourself a favor, check out Pendex.
• 3:20
  You'll find they have the best prices, the best service, and a
• 3:24
  great selection. You can check them out at
• 3:27
  pmbex.com. But it's not just people like
• 3:31
  you and me that are wanting silver because we need to
• 3:34
  remember all industry requirements that need silver.
• 3:38
  Over 300 applications for silver, photovoltaic, solar
• 3:43
  demand that's going through the roof, electric vehicles,
• 3:46
  medical, military, and nobody knows how much silver the
• 3:50
  military uses, coins, bars, etcetera.
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  Nobody would have any silver left if just every working
• 3:57
  American were to buy 5 oz. We have another bonus factor to
• 4:02
  talk about, and then we'll get to the GBBF.
• 4:05
  The great big bonus factor at the end of the video, but the
• 4:09
  big bonus factor right now is that you've decided to join me
• 4:12
  in the basement. Thank you.
• 4:14
  Please give this video a thumbs up and it would be great if you
• 4:18
  subscribe to the channel. We'd love to have you come back
• 4:20
  to the basement where we love to talk about silver and gold.
• 4:25
  So all the workers buy 5 ounces of silver.
• 4:28
  We know industry is sucking up silver like never ever before
• 4:35
  and it might seem like a fancy fanciful scenario.
• 4:38
  However, right now all the annual mine supply is used up
• 4:44
  and has been for several years. Have no doubt silver is already
• 4:50
  in a supply deficit. That's a fact.
• 4:53
  The only source of silver right now to fulfill contracts or meet
• 4:58
  actual demand is dependent on historical silver reserves.
• 5:05
  That's the stuff they set aside for future use when there wasn't
• 5:09
  enough being produced and it's being eaten up at a near record
• 5:13
  pace. I think you need to ask yourself
• 5:16
  a very important question. How much longer can the
• 5:20
  historical silver last still be provided given the current low
• 5:26
  Fiat price? Not much longer.
• 5:29
  That's why it's important, in my opinion, for us to stack silver
• 5:34
  and consider this fact that the amount of silver being produced
• 5:38
  by the mining companies continues to go downward year
• 5:43
  after year. Now let's talk about that big
• 5:46
  bonus factor. Before I do that, I want to say
• 5:49
  thank you to channel sponsor First Mining Gold.
• 5:52
  You can check them out at firstmininggold.com and Fortuna
• 5:56
  Mining, you can check them out at Fortuna mining.com.
• 6:01
  So what about this big bonus factor?
• 6:05
  You've got to realize not everybody's going to run out and
• 6:09
  buy 5 ounces of silver after they watch this video.
• 6:12
  Sure, a few people will, but we don't even need that to occur,
• 6:18
  guys. If just on average, every worker
• 6:21
  in the United States were to buy one ounce or two ounce of
• 6:25
  silver, and again, that's just on average, you may have some
• 6:28
  people that buy thousands of Oz, some people that just buy one
• 6:31
  ounce. But if the average were to go up
• 6:34
  to one or two or three ounces of silver, it would break the
• 6:39
  Comex. It would break the electronic,
• 6:43
  overly leveraged Unicorn fart dust silver market.
• 6:47
  It would stop the Comex from having that stranglehold on the
• 6:52
  silver price that it's had for decades.
• 6:56
  To me, it's astounding just how sensitive and delicate the
• 7:00
  silver market really is. Most people don't realize it
• 7:05
  won't take a lot to throw things out of balance, and it's much
• 7:08
  easier for us to see that when it gets thrown out of balance,
• 7:13
  it's going to be in a direction that likely could result in much
• 7:18
  higher silver prices. Hey, thank you for joining me
• 7:21
  today in the basement. I hope you're doing well.
• 7:23
  I'll look forward to seeing you next time.