Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Robert Kiyosaki Warns: YOU Best LISTEN to This - Gold & SILVER Price News Update
Transcript
- 0:01Unprecedented, transformational silver and gold are going
- 0:06through those times right now, yet we get warnings from some of
- 0:11the top names out there, in particular about silver.
- 0:14We'll talk about what Robert Kiyosaki has to say, but more
- 0:18importantly, we've got big news stories coming out of places
- 0:21like the Comex, China, even mainstream media that are
- 0:26pointing us to the fact that we could still be very early in
- 0:30this rally for gold and for silver.
- 0:33We're going to cover it all. I want to say thank you for
- 0:36joining me down here in the basement.
- 0:37Please subscribe to the channel. We want you to come back.
- 0:41You can leave a comment, give us a thumbs up.
- 0:43All of it is much appreciated. But guys, we've got an
- 0:46incredible amount of information coming at us right now and what
- 0:51truly are unprecedented and transformational times for the
- 0:56precious metals. Let's dig in.
- 0:58We got a lot to go over. We're going to start here with
- 1:01news out of the Comex, the electronic exchange.
- 1:04We got several stories that we want to cover from the Comex,
- 1:07but this one first from Gold, Silver HQ.
- 1:10People want their physical. This is a physical driven rally
- 1:16in the precious metals right now.
- 1:18Hold on, we're having some tech issues.
- 1:20I want to make sure I got us on here.
- 1:22Stay with me for just one second, and if you can hear me
- 1:28and you can see me, please give me a 5 by 5.
- 1:33Hold on, one second. Maybe Susie can chime in on the
- 1:36walkie-talkie. I see the screen.
- 1:44I don't see you. OK, so you do see the screen.
- 1:49Hold on one second. Eight Silver HQ.
- 1:53OK, hold on just one second. OK, All right, I think you guys
- 1:58can see me and hear me. I'm sorry about that.
- 2:00We're doing this live. And as you know, any live
- 2:02broadcast will have its fair share of issues.
- 2:05But what you're looking at right now is Gold, Silver HQ.
- 2:08People want their physical. This is incredible data, and
- 2:12I'll explain to you why the COMEX delivery notices are
- 2:15already three times higher than in January of last year.
- 2:20These are people wanting their metal off the Comex.
- 2:24But wait, there's more, because he points out we're not even
- 2:28halfway through January. So when we look at this chart
- 2:32here we have 2024. Here we have 2025.
- 2:36On the left are all the months listed out as you can see 2026
- 2:42me erase that 2026 right here we are in January, we already have
- 2:486860. And if we look back in January
- 2:53of last year, we were at what 2300 that's the whole month of
- 2:58January. And when we compare this number
- 3:00in 2026, what the first not even two weeks of January to what we
- 3:06saw on a monthly basis back in 2, 1024, the only month right in
- 3:122024 that was higher was December, OK?
- 3:20And remember this number almost 7000 is only the first two weeks
- 3:25of January, OK, we're going to move fast guys, because we got a
- 3:28lot to cover, a lot more evidence as to what's happening
- 3:32this just this morning. Apparently the CME Group has
- 3:36decided that's the comex to launch 100 silver futures to
- 3:41meet record retail demand. So they're now going to launch a
- 3:45100 oz futures contract. Here's the the press release
- 3:48right here and it says it underlined in red.
- 3:51CME Group, the world's leading derivatives marketplace.
- 3:55Yes, that means make believe silver.
- 3:58Fantasy Island Silver today announced it will launch a 100
- 4:02oz silver futures contract on February 9th, pending regulatory
- 4:09review. Quote Silver is increasingly
- 4:11appealing to the retail traders looking to diversify their
- 4:15exposure across a wider range of metals.
- 4:18Why is this important? Because the, the comex is
- 4:21recognizing the incredible demand for silver.
- 4:24But #2 I think this will only hasten the, the, the, the coming
- 4:29to reality of the physical silver price, which we all know
- 4:33is much higher. And then we get this out of the
- 4:37out of the Chicago Mercantile Exchange, the COMEX, OK, TF
- 4:41Metals reports last night, and here you go.
- 4:43Another margin hike, which is the way they they tried to
- 4:48manipulate the price down, or at least that's the strong
- 4:51speculation that people have pointed to over the last number
- 4:54of decades. So they did another margin hike
- 4:57and this one's a little different.
- 4:58Instead of a fixed dollar amount, margin will now be
- 5:02computed as 9% of notional value.
- 5:06So what what they're doing it and that equates in, in in
- 5:10notional dollar terms to 15, a 15% hike.
- 5:13But I think this, this is super interesting.
- 5:16Hold on here. Sorry guys, little tech issue
- 5:20there. Again, this is super interesting
- 5:22because they're not doing it as a fixed dollar amount, but as a
- 5:27percentage of the price, the notional based on the notional
- 5:31amount. And to me that means they're
- 5:33saying, hey, look, this could go super high and we don't want to
- 5:37keep having to raise the margin by a fixed dollar amount.
- 5:40We'll just do it as a percentage to protect ourselves.
- 5:44Man, it is getting crazy. What about China?
- 5:46Did we hit $100 silver in China over for night?
- 5:50We're moving fast guys, cuz there's a lot of evidence for us
- 5:53to look at today. This one comes from Eric Yong, a
- 5:57King Kong 9888. Super reliable and respected
- 6:01voice in the world of precious metals.
- 6:04He says today's China Shanghai Futures Exchange silver price is
- 6:09at $99.28. I saw several people putting out
- 6:15info that it actually had hit 100.
- 6:17But nonetheless, here's the proof.
- 6:19And since we can't read Chinese, we're going to believe him.
- 6:23And there's the math where he can, where he gets it all broken
- 6:26down to down here at the bottom. The final result that in China
- 6:32on the Shanghai Futures Exchange, which is their futures
- 6:34market, excuse me, the silver price is we're just going to
- 6:38round up and say that it's at a dollar.
- 6:42OK, So we've got news out of the CME.
- 6:45We've got news from China about crazy silver prices.
- 6:48What's happening here in the United States?
- 6:50What about those good old American Silver Eagle coins,
- 6:53like the favorite of Western investors?
- 6:56Let's see how demand is for those.
- 6:58This I think, speaks volumes from silver trade yesterday
- 7:04breaking hold on here. Yep, breaking.
- 7:07US Mint announces now a one month delay on Silver Eagle
- 7:12coins. the US Mint released the 2026 Silver Eagle coins this
- 7:18morning and they're gone. They're already saying if you
- 7:23want to get your hands on some of those American Silver Eagles,
- 7:26well, they're gone. Oh, and by the way, guys, today
- 7:28is the 13th of January 2026. Some of you would ask for a time
- 7:33stamp. Now it gets even more
- 7:35interesting. Zero Hedge puts this out
- 7:37yesterday and for the first time ever, the physical is in triple
- 7:44digits. This was a screenshot from the
- 7:46Appmex website. Again, this was yesterday,
- 7:49American Silver Eagles for the lowest you could get them for.
- 7:54That's if you buy 1500. And again, this was as of last
- 7:58night, I believe, $99.69. So that's like buying in massive
- 8:03bulk, but also the absolute lowest price, right?
- 8:08The check wire price. Things are getting crazy.
- 8:12Let's go out and take a look at the spot silver price right now.
- 8:16OK, we're pulled back a little bit here.
- 8:18We're up $2.32 on spot silver and let's go look at the futures
- 8:25price in silver still guys, $88.14.
- 8:32Really, truly unbelievable. Now let's talk about new all
- 8:37time highs. We want to review that a very
- 8:39important concept for us. Well, thank you for the Super
- 8:43chats. I'll get to those at the end.
- 8:45Let's talk about all time highs. Let's talk about how crazy we
- 8:48got the warning from Robert Kiyosaki.
- 8:50We're going to look at that. We're going to look at some some
- 8:52technical analysis also from one of the top analysts about did we
- 8:57break out? Are we truly broken out in
- 8:59silver? There's some interesting
- 9:01insights there as well. But we got to remember one key
- 9:04concept as we break out the new all time highs in the silver
- 9:09price and the gold price. Remember this, rarely do you hit
- 9:13an all time high and then it's it right once once an all time
- 9:17high is hit, it becomes more and more likely that more and more
- 9:21new all time highs will be hit. Now, of course, right there will
- 9:25come a point where there's a peak and then it takes a long
- 9:28time to get back there again. Think 2011, think 1980 with
- 9:33silver. But typically as a as any asset
- 9:36hits new all time highs, whether it's Apple computer stock,
- 9:39Amazon stock, real estate prices, anything, once a new
- 9:43time, new all time highs are hit, the likelihood of more new
- 9:47all time highs becomes more and more likely.
- 9:50Okay, hey, I want to say thank you to channel sponsor first
- 9:53meant for making this broadcast possible, for allowing us to
- 9:57come together. OK.
- 9:59They're a mint silver, mint in Las Vegas, NV.
- 10:02They specialize in silver. They're owned by First Majestic
- 10:06Silver, who mines the silver in Mexico, ships it to Nevada where
- 10:10they minted into these world class silver bullion products
- 10:13like this one right here, the 10 oz Folds of Honor bar that's a
- 10:17folded American flag. It's so darn heavy.
- 10:20I can't hardly hold it up much longer, but absolutely beautiful
- 10:24in this line of products that they have.
- 10:27The Folds of Honor actually benefits the Folds of Honor
- 10:30Foundation, which provides academic scholarships to
- 10:33children and spouses of fallen and deceased members of the
- 10:37first responder in military communities.
- 10:40You can learn more about First Mint at first mint.com right it
- 10:45literally with them. The silver goes from the mine to
- 10:49the mint directly to you premium retail experience.
- 10:52You guys are sending all kinds of everyday great positive
- 10:56feedback on your experience, experiences with First Mint.
- 10:59You can check them out for yourself again at First
- 11:01mint.com. OK, what's next?
- 11:04We got a lot going on. All right, let's talk about did
- 11:07we break out? What does what, what does one of
- 11:10the top analyst tell us about the big move that we've had in
- 11:15silver over the last few days? This comes from the Bubble
- 11:19Bubble Report. It's the free section.
- 11:22Jesse Colombo. OK, Silver, now he has something
- 11:25very interesting and a little a little bit of a word of caution
- 11:29on this, but Silver is breaking out.
- 11:31Silver broke out of its ascending triangle pattern.
- 11:34We're going to look at that in one second, indicating that a
- 11:37run to $100 plus has likely begun, though I'm looking for
- 11:41further conditions to be met, for more confidence, for more
- 11:46assurance. What are those further
- 11:48conditions? It's real easy, OK?
- 11:51As I explained yesterday, the top of the ascending triangle in
- 11:54COMEX silver futures was $83. Everybody was talking about $83
- 11:59resistance. That's the number we had to get
- 12:01through. We got through it, but but Jesse
- 12:04says I was looking for a breakout above that level on
- 12:07strong volume to confirm that the next leg of the rally had
- 12:12officially begun. That's where the little problem
- 12:16comes in, guys, because in red he says today we got that
- 12:19breakout, though volume was only average.
- 12:22I would ideally like to see more conviction behind the move,
- 12:26which may still come over the next few trading sessions,
- 12:30assuming the breakout holds. So here's the chart in this
- 12:34really explains it all. You can see OK, the triangle,
- 12:38there was this $83 resistance level which is right there which
- 12:43that green candle shows we broke out of yesterday.
- 12:46That was the wedge or the triangle pattern, right?
- 12:49It was either going to break to the upside or break to the
- 12:51downside. But the issue is down here,
- 12:55right? These bars that represent the
- 12:57volume, the trading volume, it was good average ish, right, as
- 13:01we look back. But what we really, I really
- 13:03want to see is some volume way up in this area.
- 13:07So Jesse Colombo, it's the bubble bubble report.
- 13:10It's a sub stack. He's like the most popular sub
- 13:13stack in the precious metals arena, as I'm aware of.
- 13:18What he's telling us is we're in good shape, but we'll be in even
- 13:22better shape when we get that volume number that goes higher.
- 13:26OK, now I want to talk to you about this guy because you know,
- 13:29not only are we getting some crazy predictions about the
- 13:33silver price, but there's some there's the Asian AI guy, which
- 13:36everyone is suspicious of. You probably seen him, but
- 13:39there's another guy and I'm going to show you why I think we
- 13:43need to be a little suspicious of what he is saying because,
- 13:48oh, hold on here, here we go. This video came out.
- 13:52A lot of people sent this to me. Leaked.
- 13:54OK, Did you hear about this leaked information?
- 13:58JP Morgan internal memo sparks a $412.00 Silver Alert forced to
- 14:06cover 6.2 billion oz. So we're going to watch this for
- 14:10just a few seconds, right? And battle stations.
- 14:14I mean, doesn't that not real? This is not maybe someday.
- 14:19This is not another YouTube monologue guessing what could
- 14:22happen. OK, fooled me.
- 14:25And then I started reading more about it and several people
- 14:28pointed out that they thought it was AI.
- 14:30And I want to share with you, if you go to this, this gentleman's
- 14:36YouTube description and go all the way to the bottom to the
- 14:39disclaimer, I highlighted it here in red.
- 14:41This video features AI generated content and a synthesized voice.
- 14:47Any resemblance to real people or events is purely
- 14:51coincidental. And I don't know, apparently
- 14:54this guy closely resembles, I think it's a British journalist
- 14:58or somebody who's older. So be careful out there.
- 15:01There's a lot of different information floating around in
- 15:04this AI stuff can become very hard to discern what is real and
- 15:10what is fake. I know when the Asian AI guy
- 15:12first came out, a lot of people thought it was real.
- 15:14I spotted that one right away. But this one, I kind of had me
- 15:18going for a few minutes. And I do want to give you
- 15:20assurance when you're down here with me in the basement, which
- 15:22by the way, it's a big honor. You are here.
- 15:25Your time is valuable. Thank you, thank you, thank you.
- 15:28I am not AI. I've been making YouTube videos
- 15:31down here for four years. And when I first started, people
- 15:33said, is he AI? No, this is all real.
- 15:36Everything you see behind me is a real basement, right?
- 15:39And I keep things simple. I had this conversation with
- 15:41somebody yesterday who said, well, you're like very unique,
- 15:44You're very different. I'm like, hey, I'm just me.
- 15:47And yes, I have a deep, I have AI, have a degree in accounting.
- 15:51I work for a BIG4 fancy accounting firm.
- 15:53I can use all the fancy terms. I could have a fake Wall Street
- 15:56background behind me, but I like to keep things simple and real
- 16:00because that's what most people are.
- 16:02So I really appreciate you appreciating that.
- 16:05We love all the kind and comments and upstairs, Susie,
- 16:07the one and only, she appreciates you too high five
- 16:10guys, right, Because most of these concepts actually are
- 16:14pretty simple and pretty easy to understand.
- 16:16All right, Treasury Secretary beset man, what does it mean
- 16:21when the US government's getting freaked out?
- 16:23Remember, they put silver on the critical minerals list and then
- 16:27we get this right from the government Yesterday, Nostra
- 16:31House of Gold chaired the US Treasury Secretary Scott beset.
- 16:37Oh, hold on a minute. I'm not sharing the right screen
- 16:39now. I am Scott percent is having
- 16:41secret meetings with financial ministers about silver.
- 16:45But wait, there's more. OK, because this came from the
- 16:49US Department of Treasury. Secretary Besent convenes
- 16:52Finance Ministerial on securing critical mineral supply chains.
- 16:57We're going to look at some data about where silver comes from,
- 17:00how much gold people own here in a second.
- 17:02But the big key here is he, that's the, he, he convened from
- 17:06what I understand, the G7, which is like the United States,
- 17:11Japan, Italy, Germany, and there's one of maybe France,
- 17:16like the big seven Western economy.
- 17:19He, he summoned their leaders, but also had from, from, from
- 17:23what I've read, the leaders of Australia and 1:00 in India come
- 17:28in as well. Like they are freaked out about
- 17:31the future supplies of these critical minerals, including
- 17:35silver. And remember what we know what
- 17:38the Chinese are doing right now with silver.
- 17:43Uh oh, hold on here. All right, Now we're back.
- 17:45What the Chinese are doing right now with silver is incredible,
- 17:49right? Export controls.
- 17:50They did this with the critical minerals.
- 17:53They did it with with copper and all.
- 17:56I mean, it's a very interesting world in which we live in where
- 17:59there's really truly a scramble for resources.
- 18:02And silver's where we're seeing it most acutely right now.
- 18:05And let's look at some interesting data on silver.
- 18:09If I have this hold on here, we're going to get there.
- 18:17We're going to get there. Here we go.
- 18:20OK. These are the world's top silver
- 18:23producers. Mexico, who were, I guess you
- 18:26could say, friendly with China. Where's the United States on
- 18:29this list? Peru, Bolivia, Poland, right
- 18:32here's the United States all the way down here.
- 18:35Does this explain? Right there we are.
- 18:38There's our level of silver production compared to the top
- 18:42three. There's the number three and two
- 18:45and there's number one, Mexico, Mexico look at the look at the
- 18:48amount of silver produced in Mexico as opposed to the the
- 18:53smaller amount that we have in the United States, which would
- 18:57lead us to understand why when the foreign when the Chinese are
- 19:03making big moves in the world of silver, that maybe now the
- 19:07United States is waking up after all these years, right?
- 19:10We've been trying to tell them right, Silver's of the in a in a
- 19:14state of deficit. The silver price has been
- 19:16manipulated down. Nobody's been exploring or
- 19:19developing new silver mines because of the price being kept
- 19:23down. And now we're seeing it all come
- 19:26to a head. All right before our very eyes.
- 19:29And let's go over here. Interesting quick date data
- 19:34point he who and then we're going to talk about gold.
- 19:37But he who has the gold makes the rules.
- 19:40Official gold reserves in ounces per person in each country.
- 19:44Where does the United States fall on this list?
- 19:47All the way down here. Here's the United States.
- 19:51If you're an American citizen. OK, your government has the
- 19:55equivalent of 3/4 of 1 ounce of gold for you, which is what,
- 20:00roughly $3000? Interestingly, at the top of
- 20:03this list. You've got Switzerland at almost
- 20:064 oz. And there's Germany, right?
- 20:09There's Italy, also with significantly more.
- 20:12There's France, right? There's the Netherlands,
- 20:16Austria, Singapore, all these countries where per capita they
- 20:20have much, much more of gold per person than what we have in the
- 20:27United States. And there's the actual list.
- 20:29Man, somebody ripped on me for screwing up with the screen
- 20:32shares. I'm really screwing it up today.
- 20:34Again, there's the list I just showed you guys.
- 20:36Sorry about that. Next.
- 20:40Oh man, this one's powerful. Super popular social media news
- 20:47source for younger people is talking about in in almost
- 20:53mainstream is talking about silver.
- 20:56Let's go take a look at this. Came out from BOOP.
- 21:02Here we go Mario. Mario, Nafal.
- 21:07OK, who on the X platform has almost 3,000,000 followers?
- 21:13Right? This is about I am now.
- 21:16Yes, I screwed up earlier. Sorry guys.
- 21:18And again, I apologize. We're doing this live.
- 21:20It can get messy, but we get the information across.
- 21:25Mario now fall says Silver at 85 dollars, people are buying
- 21:30insurance against everything collapsing and green.
- 21:33He says silver just broke 85 for the first time ever, up 19% in
- 21:3712 days. It was $29.00 in January of
- 21:422025. Let that sink in guys.
- 21:46One year ago right now, we were down here in the basement
- 21:49talking about silver when it was $29.00 an ounce.
- 21:53Now it's 85. That's 180% gain in one year
- 21:57while the S&P 500 has barely moved.
- 22:01But the big key take away from this is Mario now fall.
- 22:05He's like a, you know, a good looking young guy.
- 22:07Hey, look, I'm 55, I'm older number one.
- 22:11He's more mainstream media ish, but also so his audience is
- 22:16younger people. And when we get more younger
- 22:19people, when we get more mainstream people, those people
- 22:23who we like to affectionately refer to right now as the the
- 22:30sheeple that join us in the silver and gold world, it's it's
- 22:35going to be it, it's just going to take a little bit joining us,
- 22:38which is going to make a massive, massive move.
- 22:41OK, Next up, Oh, Robert Kiyosaki, warning, warning.
- 22:45That's what's coming up next, right?
- 22:47For silver, in particular that Robert Kiyosaki from Rich Dad,
- 22:50Poor dad, putting out a big warning before we get to that.
- 22:54Thank you. First Mining Gold also for
- 22:56sponsoring Ron's basement development stage gold Company
- 23:01in Canada. Two big, huge multi million
- 23:04ounce projects, Spring Pull in Ontario, du Parquet in Quebec.
- 23:08Guys, there are not many big multi million ounce development
- 23:12stage gold projects in favorable jurisdictions and 1st Mining
- 23:16Gold has two of them. You can learn more about them at
- 23:19firstmininggold.com. What's Robert Kiyosaki trying to
- 23:23scare us for? Let's go see what he says and
- 23:25then I've got an important point I want to make to you about
- 23:28about his warning. But Robert Kiyosaki, hold on
- 23:33here. Yep, here we go.
- 23:38I'm going to get the right screen up for you.
- 23:40And Robert Kiyosaki put this out yesterday.
- 23:43Please be careful, which I think is true, guys, right?
- 23:47Everything can be volatile. Silver can be very volatile, no
- 23:51doubt. But he says silver is peaking.
- 23:54There will be a major pullback before it begins climbing again.
- 23:58I stand by what I'm doing. I buy silver all the way up to
- 24:02$100 and I wait. If and when silver crashes, I
- 24:07will be patient and wait till the silver market tells me what
- 24:11to do next. OK, He says in orange, millions
- 24:15of silver speculators are selling.
- 24:18As prices go up, the sellers will crash the silver market.
- 24:23Always remember rich dad's wisdom.
- 24:25Pigs get fat, hogs get slaughtered.
- 24:28And then he brings up, besides, if you sell, you get paid in
- 24:32dollars. And what a great point, right?
- 24:34Like I've never sold an ounce of silver.
- 24:37Have you ever sold silver? I mean, a lot of you have and
- 24:39that's fine, that's great. But any ounce of silver that
- 24:42I've ever accumulated over the years, I've never sold.
- 24:45I look at it as generational wealth.
- 24:48And then I think, well, if I were to sell silver, what would
- 24:50I do with the money, right. And, and we won't go too far
- 24:53down that path. But if you do sell silver, you
- 24:56may want to consider putting it into some other real asset
- 24:59because if you sell it for paper dollars, you know, if unless
- 25:03you're really good at timing the market and lucky right, you're
- 25:07buying, you're putting your money into something that's
- 25:10going down in value. So a lot of people say if you
- 25:14sell silver, you know, make sure you convert into something real
- 25:18like real estate or maybe oil or oil stocks or something, maybe
- 25:23gold, right? I'm planning on trading.
- 25:25That's what he says, my silver for gold.
- 25:28So he kind of gives us a warning, right?
- 25:31Talks about the silver price. Sorry, the streaming software is
- 25:36acting funny today. Talks about the silver price
- 25:40going down, warns people, right, who are selling on the way up
- 25:44because maybe they're being impatient, whatever.
- 25:47But he gives a little bit of a mixed signal about things.
- 25:50But I want to make an important point, OK, everything, it's a
- 25:54common, it's a common knowledge whether you're talking about
- 25:57stocks, bonds, silver, gold, anything that often times big
- 26:01rallies climb a wall of worry, meaning as they go up, up, up,
- 26:06up, up, you're hearing all kinds of people putting out warnings,
- 26:10caution, whatever the case may be.
- 26:12So it, it could be the case that hey, all these warnings,
- 26:15remember last week we were told that the silver price was going
- 26:19to crash because of the Bloomberg Commodity Index
- 26:22rebalance that goes on through tomorrow.
- 26:25According to my day. That wraps up tomorrow.
- 26:27Correct me if I'm wrong. And I could think that it's up
- 26:30to now we've yet to see a real silver crash.
- 26:33So while Robert Kiyosaki warns us, right, the price and silver
- 26:37is doing what it's doing. And I think is, is, is up for
- 26:42more and more to come. I want to show you a data point
- 26:44now that I think drives home the fact that we are still early in
- 26:51this rally for gold and silver. Remember, I'm not a financial
- 26:55advisor. I can be wrong.
- 26:56I just share with you my truth. But I think this chart says a
- 27:00lot about where we are right now in this process.
- 27:05And this came from Jordan Roy Barn from the Daily Gold
- 27:10Podcast, and he had gotten this chart from
- 27:15goldgold.topdowncharts.com. And what this shows us, OK,
- 27:21implied allocation to gold stocks.
- 27:23Why do we want to look at that? Because gold is the granddaddy
- 27:27of all precious metals. And what we're comparing here,
- 27:31OK, is USETF market share of the minor ETF, the miners, the gold
- 27:37miners versus the overall equity ETF assets.
- 27:42So like what percentage of all ETF outs, ETFs out there are
- 27:47represented by the by the gold ETF?
- 27:50And if you look down here at the red line, we can see something
- 27:53very, very interesting. Right back in 2011, right, that
- 27:58percentage was up, almost got as high as 1.5% up in this range.
- 28:05We still right now are just below .5% and we have record
- 28:15prices in gold and silver. OK, that was a good, a good
- 28:20period right back in 2011, basically got the $50 silver,
- 28:24for instance. But look at where we are now
- 28:27with the price of the metals and the fact that the the miners
- 28:30have not kept up at all. What that tells us, and there's
- 28:34a big reason why this is important is that there's a lot
- 28:37of catching up to do. The general market, the general
- 28:40investors have not yet woken up to what is happening right now
- 28:45in the silver and gold market, right?
- 28:47Really, truly, we made the sheet noise earlier.
- 28:50But the sheeple, the giant herd of people that just thought is
- 28:54by S&P 500 and it goes up every year and good for them because
- 28:59it has for a number of years, but that's likely topping right
- 29:03now that I heard Michael Oliver talking about that earlier
- 29:07today. Like the general leaders in the
- 29:09general market, right? The people just think, oh, I
- 29:12just buy this. They have not woken up
- 29:14completely to silver and gold. And when the mine, when we start
- 29:18to see the mining sector, the mining stocks getting the
- 29:22attention that they deserve, that's going to bring more and
- 29:25more attention to the overall precious metals ecosystem, the
- 29:30physical metals, right? And up to and including the
- 29:34mining stocks, which have a long way to catch up, right?
- 29:38I mean, the mining stocks, I heard somebody say this, like
- 29:40with silver, the silver mining stocks are acting like the
- 29:44silver price is like $33 an ounce right now.
- 29:47OK, Trust me, I own some of them and I know the, I mean, I look
- 29:51and I've owned them for, for years and years, decades, some
- 29:54of them. And I'm thinking, wow, they are,
- 29:56I mean, they're like priced the same that they were when the
- 30:00price of silver was 2830, $3 per oz.
- 30:03So when the general, and this is this is a powerful point for us
- 30:09to remember that when the general investors wake up to
- 30:12what we already know and there's that mad rush, we are in a
- 30:17sector that is still right. Gold's the most valuable asset
- 30:21in the world. Silver is probably now again,
- 30:24the second most valuable asset in the world.
- 30:27But when you look at them as a whole, right?
- 30:30And then when you look at the mining sectors as well, just the
- 30:33smallest amount of money in the silver market, even though it's
- 30:37the second biggest asset in the world, is still very, very, very
- 30:41small. It's there's not a lot of room
- 30:44in the silver and gold lifeboat, right?
- 30:46That you and I and and others in the precious metal community, we
- 30:51got our seat, but there's only so many seats in that boat.
- 30:54So the, the here, here we go. Well, thank you.
- 30:59Oh, I need to go hold on here. And then we're going to talk
- 31:02about the Sleeping Giant man, you guys have been super
- 31:04generous. Super chats, never expected,
- 31:07always appreciated. We got one here from Renegade
- 31:11Silver. Thank you my friend.
- 31:12Good to see you again. We got one from GMTH 1.
- 31:17The $85 bear is ready to see. Yes, the $85 silver bear right
- 31:22there. See him?
- 31:23For those of you don't know that Smitty, the silver bear, he's
- 31:26got a blindfold on that says $85 here.
- 31:29Let's get him. He's kind of cute.
- 31:31I'll tell you when it's going to come off and he's in this, by
- 31:43the way, that's a silver plated. I don't know.
- 31:47What do you call that chalice trophy?
- 31:49Anyway, that blindfold comes off when the weekly spot close is
- 31:54above $85 on a Friday night if we get a close above $85.
- 31:58So thank you for that super chat and practical preps.
- 32:02Can you put prison bars on the Jerome Powell box?
- 32:09Let me show you what he's talking about.
- 32:11Yeah, so I haven't talked about that much, but what a bizarro
- 32:15world in which we live in uncertainty, right, where we
- 32:18have the Justice, Justice Department investigating our old
- 32:23friend Jerome Powell. All right, I kept him in a box,
- 32:27and now they're talking about. I don't know if they're going to
- 32:29put him in jail. Whatever.
- 32:31I don't want to. I don't want to speculate on
- 32:32that. But there's Jerome.
- 32:34Hey, that's a great idea. This is Jerome.
- 32:37He's been in a box. I put him in a box years ago.
- 32:41Those of you who've been around for a while, inside his box is
- 32:44his favorite thing to do, right? Right.
- 32:46The old print, the old toilet paper money.
- 32:50But I put him in this box. Man, we haven't talked.
- 32:52This is critical. This is big.
- 32:54We haven't talked about this forever.
- 32:56OK, oh, I got another super chat, Susie says.
- 33:03Oh I do okay, I'll say thank you to that in a second.
- 33:05This is critical to understand. The reason why Jerome is in this
- 33:09box, which says do not open right, is because of one of the
- 33:13most powerful forces that we are experiencing right now.
- 33:17And we talked about it years ago and that is stagflation.
- 33:21He's in a box literally because that's what he's in.
- 33:25He's got a a tough economy and R for recession on one side.
- 33:29And on the other side, he has an I for inflation.
- 33:32Stagflation is the scariest situation in the world for the
- 33:36Fed. If you want to, if you want to,
- 33:38like even the rats will leave that fancy new Federal Reserve
- 33:42building that's being rehabbed in Washington.
- 33:45If you walk into the lobby of the Federal Reserve and yell
- 33:48stagflation, they run because there's nothing they can do.
- 33:54He literally is in a box, right? Because when you have a
- 33:57recession and you need to cut rates, which is what Trump's
- 34:00trying to force him to do, cut rates, cut rates.
- 34:03Trump's talking about 1% interest rates next year.
- 34:06If you do that in an environment where you already have big
- 34:09inflationary pressures, that makes inflation go through the
- 34:13roof. And then and so then you got
- 34:15inflation going through the roof.
- 34:17You got to deal with that, which is raise rates.
- 34:20But if you raise rates, that makes the economy go down, it
- 34:23becomes like a seesaw of doom. And that's what happened.
- 34:27The reason why it's so important, this is critical to
- 34:29understand, is because in the 1970s in the United States,
- 34:34that's what we had was a stagflationary environment.
- 34:37And by the way, during that period where we had stagflation,
- 34:41don't tell anybody, silver went from like what, $1.50 all the
- 34:45way to $50.00 in $1980, which if we adjust that for the CPI
- 34:51report, we get to a number closer to $200 per oz now.
- 34:56And on the back of the box, just serving at the solution right,
- 34:59I've cut a little slot is this I didn't show you that that's a
- 35:04beautiful Buffalo round from first met right, that's that's
- 35:08the solution. You put that in the box.
- 35:10Hey, we got another super chat. Wow, you guys are being super
- 35:13generous today. Thanks practical preps.
- 35:16Oh my gosh, Boru 1326 man, thank you for that generous super
- 35:22chat. Long, long overdue.
- 35:24Laugh out loud. I made.
- 35:28OK. Wow.
- 35:29Thank you. Thank you.
- 35:30Boru. Boru.
- 35:32Sorry, my eyes are bad. 1326. Let's ring the Golden Dawn for
- 35:37good luck, right? Don't don't forget, guys.
- 35:39Good days, bad days. One minute.
- 35:43Hold on. OK.
- 35:51Are you guys married? Do you have a wife that talks to
- 35:53you on a walkie-talkie while you're trying to do live
- 35:55streams? Hold on, let's put that up
- 35:57there. Hold on.
- 35:59I I didn't hear the last thing you said.
- 36:01Susie over just say why don't you just say hi real quick on
- 36:05the chat? OK, All right.
- 36:07Hey, guys, I'm going to say hi on the chat.
- 36:09This is this is big because one of the critical reasons, besides
- 36:13the fact that silver and gold have been valuable for time
- 36:18eternal, right, 4005 thousand years.
- 36:21Besides that fact, right, that they've survived every form of
- 36:24government. I was having this discussion
- 36:26last night with one of the sheeple.
- 36:28They've survived every form of government, every financial
- 36:31crisis. They've survived every war,
- 36:34every change in politics, you name it.
- 36:36Besides that fact that they're timeless in that regard, they're
- 36:40also valuable everywhere. And we're going to prove it to
- 36:43each other right now because what you're going to going to do
- 36:46is in the chat, tell me where you're joining from.
- 36:50And I'm going to do. I won't be able to get
- 36:52everybody, but I'm going to try my best to read these.
- 36:54OK, Go. I'm waiting.
- 36:56Want me to sing for you in the interim, Here we are, Johnny.
- 37:01Hello, Mega. Hello, Alan.
- 37:04Satoshi Greenspan. Oh, boy.
- 37:06Haha. Oh, that's Susie.
- 37:08OK Texas. Johnny Come lately.
- 37:15Alabama. Wow.
- 37:16Michigan, California, Washington, DC Manitoba, United
- 37:20Arab Emirates, Poland, Kansas City, Ohio Singapore.
- 37:26Trenton, MI Bakersfield. Oh my gosh.
- 37:29I can't. Sturgeon, Michigan again.
- 37:32Idaho, Houston, TX Wales. Wales.
- 37:35Wow, that's awesome. Chicago, Georgia, Florida.
- 37:41We're all here. Yeah, you're all in the
- 37:42basement. Bakerfield, Portugal.
- 37:45Wow. West Virginia, Algeria.
- 37:51That's awesome. New York City, Illinois,
- 37:53Indiana. Pukuga County, CLT, Louisiana.
- 37:57If I'm not reading it, keep putting it up there.
- 37:59Toronto, Denmark, Virginia, Sweden.
- 38:02Suzy. Swedish South Korea.
- 38:05Oh my gosh. Tampa, FL, Sheffield, England,
- 38:07North Carolina, Indiana, London, England, The home of the OBMA,
- 38:11Chicago. I'm at DePaul, Grand India,
- 38:14South Carolina, Scotland. My buddy is the president of the
- 38:19Dundee Soccer Club. John Nelms.
- 38:22I went to college with him and played in high school anyway.
- 38:26Ireland, Wisconsin. Colorado.
- 38:28San Francisco. Orlando, Wisconsin.
- 38:30Chile. New Orleans.
- 38:32Keep going. If I didn't read you fun
- 38:34basement. Vancouver, Honolulu.
- 38:37Leverskun, Bulgaria. Pismo Beach, Friesland, North
- 38:42Carolina. Your basement is an amazing
- 38:45size. Yeah.
- 38:46Estonia. Sacramento.
- 38:49Wow. Chile, Chili.
- 38:52Arizona, Miami, FL Man, you guys, it's awesome.
- 38:55Thanks for being here. Daytona Beach, Dubai, Michigan,
- 39:00Montreal. You're not stopping.
- 39:01California, USA, Antarctica. Wow, dude, that's awesome.
- 39:07Slovenia, Texas. We've covered the globe.
- 39:12Is Texas a state or a country? Antarctica.
- 39:15Leeds, UK, Ireland. Man, guys.
- 39:18Egypt. Do you see what I'm talking
- 39:20about, right? Silver and gold are valuable
- 39:22everywhere, right? Paper money.
- 39:25One country does what? What's the Russian ruble worth?
- 39:28the United States, Florida. Texas.
- 39:31The Moon. Fort Bragg, NC.
- 39:33Thank you for your service. Puerto Rico.
- 39:35The Republic of Texas. My eyes hurt.
- 39:39Oh. Susie says.
- 39:40My eyes hurt. Susie's ears hurt.
- 39:42All right, guys, have a great day.
- 39:44OK? Thank you for joining me.
- 39:47And I'm going to look forward to seeing you.
- 39:49Yes, you next time.