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🚨 Robert Kiyosaki Warns: YOU Best LISTEN to This - Gold & SILVER Price News Update · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  Unprecedented, transformational silver and gold are going
• 0:06
  through those times right now, yet we get warnings from some of
• 0:11
  the top names out there, in particular about silver.
• 0:14
  We'll talk about what Robert Kiyosaki has to say, but more
• 0:18
  importantly, we've got big news stories coming out of places
• 0:21
  like the Comex, China, even mainstream media that are
• 0:26
  pointing us to the fact that we could still be very early in
• 0:30
  this rally for gold and for silver.
• 0:33
  We're going to cover it all. I want to say thank you for
• 0:36
  joining me down here in the basement.
• 0:37
  Please subscribe to the channel. We want you to come back.
• 0:41
  You can leave a comment, give us a thumbs up.
• 0:43
  All of it is much appreciated. But guys, we've got an
• 0:46
  incredible amount of information coming at us right now and what
• 0:51
  truly are unprecedented and transformational times for the
• 0:56
  precious metals. Let's dig in.
• 0:58
  We got a lot to go over. We're going to start here with
• 1:01
  news out of the Comex, the electronic exchange.
• 1:04
  We got several stories that we want to cover from the Comex,
• 1:07
  but this one first from Gold, Silver HQ.
• 1:10
  People want their physical. This is a physical driven rally
• 1:16
  in the precious metals right now.
• 1:18
  Hold on, we're having some tech issues.
• 1:20
  I want to make sure I got us on here.
• 1:22
  Stay with me for just one second, and if you can hear me
• 1:28
  and you can see me, please give me a 5 by 5.
• 1:33
  Hold on, one second. Maybe Susie can chime in on the
• 1:36
  walkie-talkie. I see the screen.
• 1:44
  I don't see you. OK, so you do see the screen.
• 1:49
  Hold on one second. Eight Silver HQ.
• 1:53
  OK, hold on just one second. OK, All right, I think you guys
• 1:58
  can see me and hear me. I'm sorry about that.
• 2:00
  We're doing this live. And as you know, any live
• 2:02
  broadcast will have its fair share of issues.
• 2:05
  But what you're looking at right now is Gold, Silver HQ.
• 2:08
  People want their physical. This is incredible data, and
• 2:12
  I'll explain to you why the COMEX delivery notices are
• 2:15
  already three times higher than in January of last year.
• 2:20
  These are people wanting their metal off the Comex.
• 2:24
  But wait, there's more, because he points out we're not even
• 2:28
  halfway through January. So when we look at this chart
• 2:32
  here we have 2024. Here we have 2025.
• 2:36
  On the left are all the months listed out as you can see 2026
• 2:42
  me erase that 2026 right here we are in January, we already have
• 2:48
  6860. And if we look back in January
• 2:53
  of last year, we were at what 2300 that's the whole month of
• 2:58
  January. And when we compare this number
• 3:00
  in 2026, what the first not even two weeks of January to what we
• 3:06
  saw on a monthly basis back in 2, 1024, the only month right in
• 3:12
  2024 that was higher was December, OK?
• 3:20
  And remember this number almost 7000 is only the first two weeks
• 3:25
  of January, OK, we're going to move fast guys, because we got a
• 3:28
  lot to cover, a lot more evidence as to what's happening
• 3:32
  this just this morning. Apparently the CME Group has
• 3:36
  decided that's the comex to launch 100 silver futures to
• 3:41
  meet record retail demand. So they're now going to launch a
• 3:45
  100 oz futures contract. Here's the the press release
• 3:48
  right here and it says it underlined in red.
• 3:51
  CME Group, the world's leading derivatives marketplace.
• 3:55
  Yes, that means make believe silver.
• 3:58
  Fantasy Island Silver today announced it will launch a 100
• 4:02
  oz silver futures contract on February 9th, pending regulatory
• 4:09
  review. Quote Silver is increasingly
• 4:11
  appealing to the retail traders looking to diversify their
• 4:15
  exposure across a wider range of metals.
• 4:18
  Why is this important? Because the, the comex is
• 4:21
  recognizing the incredible demand for silver.
• 4:24
  But #2 I think this will only hasten the, the, the, the coming
• 4:29
  to reality of the physical silver price, which we all know
• 4:33
  is much higher. And then we get this out of the
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  out of the Chicago Mercantile Exchange, the COMEX, OK, TF
• 4:41
  Metals reports last night, and here you go.
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  Another margin hike, which is the way they they tried to
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  manipulate the price down, or at least that's the strong
• 4:51
  speculation that people have pointed to over the last number
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  of decades. So they did another margin hike
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  and this one's a little different.
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  Instead of a fixed dollar amount, margin will now be
• 5:02
  computed as 9% of notional value.
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  So what what they're doing it and that equates in, in in
• 5:10
  notional dollar terms to 15, a 15% hike.
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  But I think this, this is super interesting.
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  Hold on here. Sorry guys, little tech issue
• 5:20
  there. Again, this is super interesting
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  because they're not doing it as a fixed dollar amount, but as a
• 5:27
  percentage of the price, the notional based on the notional
• 5:31
  amount. And to me that means they're
• 5:33
  saying, hey, look, this could go super high and we don't want to
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  keep having to raise the margin by a fixed dollar amount.
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  We'll just do it as a percentage to protect ourselves.
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  Man, it is getting crazy. What about China?
• 5:46
  Did we hit $100 silver in China over for night?
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  We're moving fast guys, cuz there's a lot of evidence for us
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  to look at today. This one comes from Eric Yong, a
• 5:57
  King Kong 9888. Super reliable and respected
• 6:01
  voice in the world of precious metals.
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  He says today's China Shanghai Futures Exchange silver price is
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  at $99.28. I saw several people putting out
• 6:15
  info that it actually had hit 100.
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  But nonetheless, here's the proof.
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  And since we can't read Chinese, we're going to believe him.
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  And there's the math where he can, where he gets it all broken
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  down to down here at the bottom. The final result that in China
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  on the Shanghai Futures Exchange, which is their futures
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  market, excuse me, the silver price is we're just going to
• 6:38
  round up and say that it's at a dollar.
• 6:42
  OK, So we've got news out of the CME.
• 6:45
  We've got news from China about crazy silver prices.
• 6:48
  What's happening here in the United States?
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  What about those good old American Silver Eagle coins,
• 6:53
  like the favorite of Western investors?
• 6:56
  Let's see how demand is for those.
• 6:58
  This I think, speaks volumes from silver trade yesterday
• 7:04
  breaking hold on here. Yep, breaking.
• 7:07
  US Mint announces now a one month delay on Silver Eagle
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  coins. the US Mint released the 2026 Silver Eagle coins this
• 7:18
  morning and they're gone. They're already saying if you
• 7:23
  want to get your hands on some of those American Silver Eagles,
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  well, they're gone. Oh, and by the way, guys, today
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  is the 13th of January 2026. Some of you would ask for a time
• 7:33
  stamp. Now it gets even more
• 7:35
  interesting. Zero Hedge puts this out
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  yesterday and for the first time ever, the physical is in triple
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  digits. This was a screenshot from the
• 7:46
  Appmex website. Again, this was yesterday,
• 7:49
  American Silver Eagles for the lowest you could get them for.
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  That's if you buy 1500. And again, this was as of last
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  night, I believe, $99.69. So that's like buying in massive
• 8:03
  bulk, but also the absolute lowest price, right?
• 8:08
  The check wire price. Things are getting crazy.
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  Let's go out and take a look at the spot silver price right now.
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  OK, we're pulled back a little bit here.
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  We're up $2.32 on spot silver and let's go look at the futures
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  price in silver still guys, $88.14.
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  Really, truly unbelievable. Now let's talk about new all
• 8:37
  time highs. We want to review that a very
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  important concept for us. Well, thank you for the Super
• 8:43
  chats. I'll get to those at the end.
• 8:45
  Let's talk about all time highs. Let's talk about how crazy we
• 8:48
  got the warning from Robert Kiyosaki.
• 8:50
  We're going to look at that. We're going to look at some some
• 8:52
  technical analysis also from one of the top analysts about did we
• 8:57
  break out? Are we truly broken out in
• 8:59
  silver? There's some interesting
• 9:01
  insights there as well. But we got to remember one key
• 9:04
  concept as we break out the new all time highs in the silver
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  price and the gold price. Remember this, rarely do you hit
• 9:13
  an all time high and then it's it right once once an all time
• 9:17
  high is hit, it becomes more and more likely that more and more
• 9:21
  new all time highs will be hit. Now, of course, right there will
• 9:25
  come a point where there's a peak and then it takes a long
• 9:28
  time to get back there again. Think 2011, think 1980 with
• 9:33
  silver. But typically as a as any asset
• 9:36
  hits new all time highs, whether it's Apple computer stock,
• 9:39
  Amazon stock, real estate prices, anything, once a new
• 9:43
  time, new all time highs are hit, the likelihood of more new
• 9:47
  all time highs becomes more and more likely.
• 9:50
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  mint.com. OK, what's next?
• 11:04
  We got a lot going on. All right, let's talk about did
• 11:07
  we break out? What does what, what does one of
• 11:10
  the top analyst tell us about the big move that we've had in
• 11:15
  silver over the last few days? This comes from the Bubble
• 11:19
  Bubble Report. It's the free section.
• 11:22
  Jesse Colombo. OK, Silver, now he has something
• 11:25
  very interesting and a little a little bit of a word of caution
• 11:29
  on this, but Silver is breaking out.
• 11:31
  Silver broke out of its ascending triangle pattern.
• 11:34
  We're going to look at that in one second, indicating that a
• 11:37
  run to $100 plus has likely begun, though I'm looking for
• 11:41
  further conditions to be met, for more confidence, for more
• 11:46
  assurance. What are those further
• 11:48
  conditions? It's real easy, OK?
• 11:51
  As I explained yesterday, the top of the ascending triangle in
• 11:54
  COMEX silver futures was $83. Everybody was talking about $83
• 11:59
  resistance. That's the number we had to get
• 12:01
  through. We got through it, but but Jesse
• 12:04
  says I was looking for a breakout above that level on
• 12:07
  strong volume to confirm that the next leg of the rally had
• 12:12
  officially begun. That's where the little problem
• 12:16
  comes in, guys, because in red he says today we got that
• 12:19
  breakout, though volume was only average.
• 12:22
  I would ideally like to see more conviction behind the move,
• 12:26
  which may still come over the next few trading sessions,
• 12:30
  assuming the breakout holds. So here's the chart in this
• 12:34
  really explains it all. You can see OK, the triangle,
• 12:38
  there was this $83 resistance level which is right there which
• 12:43
  that green candle shows we broke out of yesterday.
• 12:46
  That was the wedge or the triangle pattern, right?
• 12:49
  It was either going to break to the upside or break to the
• 12:51
  downside. But the issue is down here,
• 12:55
  right? These bars that represent the
• 12:57
  volume, the trading volume, it was good average ish, right, as
• 13:01
  we look back. But what we really, I really
• 13:03
  want to see is some volume way up in this area.
• 13:07
  So Jesse Colombo, it's the bubble bubble report.
• 13:10
  It's a sub stack. He's like the most popular sub
• 13:13
  stack in the precious metals arena, as I'm aware of.
• 13:18
  What he's telling us is we're in good shape, but we'll be in even
• 13:22
  better shape when we get that volume number that goes higher.
• 13:26
  OK, now I want to talk to you about this guy because you know,
• 13:29
  not only are we getting some crazy predictions about the
• 13:33
  silver price, but there's some there's the Asian AI guy, which
• 13:36
  everyone is suspicious of. You probably seen him, but
• 13:39
  there's another guy and I'm going to show you why I think we
• 13:43
  need to be a little suspicious of what he is saying because,
• 13:48
  oh, hold on here, here we go. This video came out.
• 13:52
  A lot of people sent this to me. Leaked.
• 13:54
  OK, Did you hear about this leaked information?
• 13:58
  JP Morgan internal memo sparks a $412.00 Silver Alert forced to
• 14:06
  cover 6.2 billion oz. So we're going to watch this for
• 14:10
  just a few seconds, right? And battle stations.
• 14:14
  I mean, doesn't that not real? This is not maybe someday.
• 14:19
  This is not another YouTube monologue guessing what could
• 14:22
  happen. OK, fooled me.
• 14:25
  And then I started reading more about it and several people
• 14:28
  pointed out that they thought it was AI.
• 14:30
  And I want to share with you, if you go to this, this gentleman's
• 14:36
  YouTube description and go all the way to the bottom to the
• 14:39
  disclaimer, I highlighted it here in red.
• 14:41
  This video features AI generated content and a synthesized voice.
• 14:47
  Any resemblance to real people or events is purely
• 14:51
  coincidental. And I don't know, apparently
• 14:54
  this guy closely resembles, I think it's a British journalist
• 14:58
  or somebody who's older. So be careful out there.
• 15:01
  There's a lot of different information floating around in
• 15:04
  this AI stuff can become very hard to discern what is real and
• 15:10
  what is fake. I know when the Asian AI guy
• 15:12
  first came out, a lot of people thought it was real.
• 15:14
  I spotted that one right away. But this one, I kind of had me
• 15:18
  going for a few minutes. And I do want to give you
• 15:20
  assurance when you're down here with me in the basement, which
• 15:22
  by the way, it's a big honor. You are here.
• 15:25
  Your time is valuable. Thank you, thank you, thank you.
• 15:28
  I am not AI. I've been making YouTube videos
• 15:31
  down here for four years. And when I first started, people
• 15:33
  said, is he AI? No, this is all real.
• 15:36
  Everything you see behind me is a real basement, right?
• 15:39
  And I keep things simple. I had this conversation with
• 15:41
  somebody yesterday who said, well, you're like very unique,
• 15:44
  You're very different. I'm like, hey, I'm just me.
• 15:47
  And yes, I have a deep, I have AI, have a degree in accounting.
• 15:51
  I work for a BIG4 fancy accounting firm.
• 15:53
  I can use all the fancy terms. I could have a fake Wall Street
• 15:56
  background behind me, but I like to keep things simple and real
• 16:00
  because that's what most people are.
• 16:02
  So I really appreciate you appreciating that.
• 16:05
  We love all the kind and comments and upstairs, Susie,
• 16:07
  the one and only, she appreciates you too high five
• 16:10
  guys, right, Because most of these concepts actually are
• 16:14
  pretty simple and pretty easy to understand.
• 16:16
  All right, Treasury Secretary beset man, what does it mean
• 16:21
  when the US government's getting freaked out?
• 16:23
  Remember, they put silver on the critical minerals list and then
• 16:27
  we get this right from the government Yesterday, Nostra
• 16:31
  House of Gold chaired the US Treasury Secretary Scott beset.
• 16:37
  Oh, hold on a minute. I'm not sharing the right screen
• 16:39
  now. I am Scott percent is having
• 16:41
  secret meetings with financial ministers about silver.
• 16:45
  But wait, there's more. OK, because this came from the
• 16:49
  US Department of Treasury. Secretary Besent convenes
• 16:52
  Finance Ministerial on securing critical mineral supply chains.
• 16:57
  We're going to look at some data about where silver comes from,
• 17:00
  how much gold people own here in a second.
• 17:02
  But the big key here is he, that's the, he, he convened from
• 17:06
  what I understand, the G7, which is like the United States,
• 17:11
  Japan, Italy, Germany, and there's one of maybe France,
• 17:16
  like the big seven Western economy.
• 17:19
  He, he summoned their leaders, but also had from, from, from
• 17:23
  what I've read, the leaders of Australia and 1:00 in India come
• 17:28
  in as well. Like they are freaked out about
• 17:31
  the future supplies of these critical minerals, including
• 17:35
  silver. And remember what we know what
• 17:38
  the Chinese are doing right now with silver.
• 17:43
  Uh oh, hold on here. All right, Now we're back.
• 17:45
  What the Chinese are doing right now with silver is incredible,
• 17:49
  right? Export controls.
• 17:50
  They did this with the critical minerals.
• 17:53
  They did it with with copper and all.
• 17:56
  I mean, it's a very interesting world in which we live in where
• 17:59
  there's really truly a scramble for resources.
• 18:02
  And silver's where we're seeing it most acutely right now.
• 18:05
  And let's look at some interesting data on silver.
• 18:09
  If I have this hold on here, we're going to get there.
• 18:17
  We're going to get there. Here we go.
• 18:20
  OK. These are the world's top silver
• 18:23
  producers. Mexico, who were, I guess you
• 18:26
  could say, friendly with China. Where's the United States on
• 18:29
  this list? Peru, Bolivia, Poland, right
• 18:32
  here's the United States all the way down here.
• 18:35
  Does this explain? Right there we are.
• 18:38
  There's our level of silver production compared to the top
• 18:42
  three. There's the number three and two
• 18:45
  and there's number one, Mexico, Mexico look at the look at the
• 18:48
  amount of silver produced in Mexico as opposed to the the
• 18:53
  smaller amount that we have in the United States, which would
• 18:57
  lead us to understand why when the foreign when the Chinese are
• 19:03
  making big moves in the world of silver, that maybe now the
• 19:07
  United States is waking up after all these years, right?
• 19:10
  We've been trying to tell them right, Silver's of the in a in a
• 19:14
  state of deficit. The silver price has been
• 19:16
  manipulated down. Nobody's been exploring or
• 19:19
  developing new silver mines because of the price being kept
• 19:23
  down. And now we're seeing it all come
• 19:26
  to a head. All right before our very eyes.
• 19:29
  And let's go over here. Interesting quick date data
• 19:34
  point he who and then we're going to talk about gold.
• 19:37
  But he who has the gold makes the rules.
• 19:40
  Official gold reserves in ounces per person in each country.
• 19:44
  Where does the United States fall on this list?
• 19:47
  All the way down here. Here's the United States.
• 19:51
  If you're an American citizen. OK, your government has the
• 19:55
  equivalent of 3/4 of 1 ounce of gold for you, which is what,
• 20:00
  roughly $3000? Interestingly, at the top of
• 20:03
  this list. You've got Switzerland at almost
• 20:06
  4 oz. And there's Germany, right?
• 20:09
  There's Italy, also with significantly more.
• 20:12
  There's France, right? There's the Netherlands,
• 20:16
  Austria, Singapore, all these countries where per capita they
• 20:20
  have much, much more of gold per person than what we have in the
• 20:27
  United States. And there's the actual list.
• 20:29
  Man, somebody ripped on me for screwing up with the screen
• 20:32
  shares. I'm really screwing it up today.
• 20:34
  Again, there's the list I just showed you guys.
• 20:36
  Sorry about that. Next.
• 20:40
  Oh man, this one's powerful. Super popular social media news
• 20:47
  source for younger people is talking about in in almost
• 20:53
  mainstream is talking about silver.
• 20:56
  Let's go take a look at this. Came out from BOOP.
• 21:02
  Here we go Mario. Mario, Nafal.
• 21:07
  OK, who on the X platform has almost 3,000,000 followers?
• 21:13
  Right? This is about I am now.
• 21:16
  Yes, I screwed up earlier. Sorry guys.
• 21:18
  And again, I apologize. We're doing this live.
• 21:20
  It can get messy, but we get the information across.
• 21:25
  Mario now fall says Silver at 85 dollars, people are buying
• 21:30
  insurance against everything collapsing and green.
• 21:33
  He says silver just broke 85 for the first time ever, up 19% in
• 21:37
  12 days. It was $29.00 in January of
• 21:42
  2025. Let that sink in guys.
• 21:46
  One year ago right now, we were down here in the basement
• 21:49
  talking about silver when it was $29.00 an ounce.
• 21:53
  Now it's 85. That's 180% gain in one year
• 21:57
  while the S&P 500 has barely moved.
• 22:01
  But the big key take away from this is Mario now fall.
• 22:05
  He's like a, you know, a good looking young guy.
• 22:07
  Hey, look, I'm 55, I'm older number one.
• 22:11
  He's more mainstream media ish, but also so his audience is
• 22:16
  younger people. And when we get more younger
• 22:19
  people, when we get more mainstream people, those people
• 22:23
  who we like to affectionately refer to right now as the the
• 22:30
  sheeple that join us in the silver and gold world, it's it's
• 22:35
  going to be it, it's just going to take a little bit joining us,
• 22:38
  which is going to make a massive, massive move.
• 22:41
  OK, Next up, Oh, Robert Kiyosaki, warning, warning.
• 22:45
  That's what's coming up next, right?
• 22:47
  For silver, in particular that Robert Kiyosaki from Rich Dad,
• 22:50
  Poor dad, putting out a big warning before we get to that.
• 22:54
  Thank you. First Mining Gold also for
• 22:56
  sponsoring Ron's basement development stage gold Company
• 23:01
  in Canada. Two big, huge multi million
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  ounce projects, Spring Pull in Ontario, du Parquet in Quebec.
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  stage gold projects in favorable jurisdictions and 1st Mining
• 23:16
  Gold has two of them. You can learn more about them at
• 23:19
  firstmininggold.com. What's Robert Kiyosaki trying to
• 23:23
  scare us for? Let's go see what he says and
• 23:25
  then I've got an important point I want to make to you about
• 23:28
  about his warning. But Robert Kiyosaki, hold on
• 23:33
  here. Yep, here we go.
• 23:38
  I'm going to get the right screen up for you.
• 23:40
  And Robert Kiyosaki put this out yesterday.
• 23:43
  Please be careful, which I think is true, guys, right?
• 23:47
  Everything can be volatile. Silver can be very volatile, no
• 23:51
  doubt. But he says silver is peaking.
• 23:54
  There will be a major pullback before it begins climbing again.
• 23:58
  I 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
• 24:07
  will be patient and wait till the silver market tells me what
• 24:11
  to do next. OK, He says in orange, millions
• 24:15
  of silver speculators are selling.
• 24:18
  As prices go up, the sellers will crash the silver market.
• 24:23
  Always remember rich dad's wisdom.
• 24:25
  Pigs get fat, hogs get slaughtered.
• 24:28
  And then he brings up, besides, if you sell, you get paid in
• 24:32
  dollars. And what a great point, right?
• 24:34
  Like I've never sold an ounce of silver.
• 24:37
  Have you ever sold silver? I mean, a lot of you have and
• 24:39
  that's fine, that's great. But any ounce of silver that
• 24:42
  I've ever accumulated over the years, I've never sold.
• 24:45
  I look at it as generational wealth.
• 24:48
  And then I think, well, if I were to sell silver, what would
• 24:50
  I do with the money, right. And, and we won't go too far
• 24:53
  down that path. But if you do sell silver, you
• 24:56
  may want to consider putting it into some other real asset
• 24:59
  because if you sell it for paper dollars, you know, if unless
• 25:03
  you're really good at timing the market and lucky right, you're
• 25:07
  buying, you're putting your money into something that's
• 25:10
  going down in value. So a lot of people say if you
• 25:14
  sell silver, you know, make sure you convert into something real
• 25:18
  like real estate or maybe oil or oil stocks or something, maybe
• 25:23
  gold, right? I'm planning on trading.
• 25:25
  That's what he says, my silver for gold.
• 25:28
  So he kind of gives us a warning, right?
• 25:31
  Talks about the silver price. Sorry, the streaming software is
• 25:36
  acting funny today. Talks about the silver price
• 25:40
  going down, warns people, right, who are selling on the way up
• 25:44
  because maybe they're being impatient, whatever.
• 25:47
  But he gives a little bit of a mixed signal about things.
• 25:50
  But I want to make an important point, OK, everything, it's a
• 25:54
  common, it's a common knowledge whether you're talking about
• 25:57
  stocks, bonds, silver, gold, anything that often times big
• 26:01
  rallies climb a wall of worry, meaning as they go up, up, up,
• 26:06
  up, up, you're hearing all kinds of people putting out warnings,
• 26:10
  caution, whatever the case may be.
• 26:12
  So it, it could be the case that hey, all these warnings,
• 26:15
  remember last week we were told that the silver price was going
• 26:19
  to crash because of the Bloomberg Commodity Index
• 26:22
  rebalance that goes on through tomorrow.
• 26:25
  According to my day. That wraps up tomorrow.
• 26:27
  Correct me if I'm wrong. And I could think that it's up
• 26:30
  to now we've yet to see a real silver crash.
• 26:33
  So while Robert Kiyosaki warns us, right, the price and silver
• 26:37
  is doing what it's doing. And I think is, is, is up for
• 26:42
  more and more to come. I want to show you a data point
• 26:44
  now that I think drives home the fact that we are still early in
• 26:51
  this rally for gold and silver. Remember, I'm not a financial
• 26:55
  advisor. I can be wrong.
• 26:56
  I just share with you my truth. But I think this chart says a
• 27:00
  lot about where we are right now in this process.
• 27:05
  And this came from Jordan Roy Barn from the Daily Gold
• 27:10
  Podcast, and he had gotten this chart from
• 27:15
  goldgold.topdowncharts.com. And what this shows us, OK,
• 27:21
  implied allocation to gold stocks.
• 27:23
  Why do we want to look at that? Because gold is the granddaddy
• 27:27
  of all precious metals. And what we're comparing here,
• 27:31
  OK, is USETF market share of the minor ETF, the miners, the gold
• 27:37
  miners versus the overall equity ETF assets.
• 27:42
  So like what percentage of all ETF outs, ETFs out there are
• 27:47
  represented by the by the gold ETF?
• 27:50
  And if you look down here at the red line, we can see something
• 27:53
  very, very interesting. Right back in 2011, right, that
• 27:58
  percentage was up, almost got as high as 1.5% up in this range.
• 28:05
  We still right now are just below .5% and we have record
• 28:15
  prices in gold and silver. OK, that was a good, a good
• 28:20
  period right back in 2011, basically got the $50 silver,
• 28:24
  for instance. But look at where we are now
• 28:27
  with the price of the metals and the fact that the the miners
• 28:30
  have not kept up at all. What that tells us, and there's
• 28:34
  a big reason why this is important is that there's a lot
• 28:37
  of catching up to do. The general market, the general
• 28:40
  investors have not yet woken up to what is happening right now
• 28:45
  in the silver and gold market, right?
• 28:47
  Really, truly, we made the sheet noise earlier.
• 28:50
  But the sheeple, the giant herd of people that just thought is
• 28:54
  by S&P 500 and it goes up every year and good for them because
• 28:59
  it has for a number of years, but that's likely topping right
• 29:03
  now that I heard Michael Oliver talking about that earlier
• 29:07
  today. Like the general leaders in the
• 29:09
  general market, right? The people just think, oh, I
• 29:12
  just buy this. They have not woken up
• 29:14
  completely to silver and gold. And when the mine, when we start
• 29:18
  to see the mining sector, the mining stocks getting the
• 29:22
  attention that they deserve, that's going to bring more and
• 29:25
  more attention to the overall precious metals ecosystem, the
• 29:30
  physical metals, right? And up to and including the
• 29:34
  mining stocks, which have a long way to catch up, right?
• 29:38
  I mean, the mining stocks, I heard somebody say this, like
• 29:40
  with silver, the silver mining stocks are acting like the
• 29:44
  silver price is like $33 an ounce right now.
• 29:47
  OK, Trust me, I own some of them and I know the, I mean, I look
• 29:51
  and I've owned them for, for years and years, decades, some
• 29:54
  of them. And I'm thinking, wow, they are,
• 29:56
  I mean, they're like priced the same that they were when the
• 30:00
  price of silver was 2830, $3 per oz.
• 30:03
  So when the general, and this is this is a powerful point for us
• 30:09
  to remember that when the general investors wake up to
• 30:12
  what we already know and there's that mad rush, we are in a
• 30:17
  sector that is still right. Gold's the most valuable asset
• 30:21
  in the world. Silver is probably now again,
• 30:24
  the second most valuable asset in the world.
• 30:27
  But when you look at them as a whole, right?
• 30:30
  And then when you look at the mining sectors as well, just the
• 30:33
  smallest amount of money in the silver market, even though it's
• 30:37
  the second biggest asset in the world, is still very, very, very
• 30:41
  small. It's there's not a lot of room
• 30:44
  in the silver and gold lifeboat, right?
• 30:46
  That you and I and and others in the precious metal community, we
• 30:51
  got our seat, but there's only so many seats in that boat.
• 30:54
  So the, the here, here we go. Well, thank you.
• 30:59
  Oh, I need to go hold on here. And then we're going to talk
• 31:02
  about the Sleeping Giant man, you guys have been super
• 31:04
  generous. Super chats, never expected,
• 31:07
  always appreciated. We got one here from Renegade
• 31:11
  Silver. Thank you my friend.
• 31:12
  Good to see you again. We got one from GMTH 1.
• 31:17
  The $85 bear is ready to see. Yes, the $85 silver bear right
• 31:22
  there. See him?
• 31:23
  For those of you don't know that Smitty, the silver bear, he's
• 31:26
  got a blindfold on that says $85 here.
• 31:29
  Let's get him. He's kind of cute.
• 31:31
  I'll tell you when it's going to come off and he's in this, by
• 31:43
  the way, that's a silver plated. I don't know.
• 31:47
  What do you call that chalice trophy?
• 31:49
  Anyway, that blindfold comes off when the weekly spot close is
• 31:54
  above $85 on a Friday night if we get a close above $85.
• 31:58
  So thank you for that super chat and practical preps.
• 32:02
  Can you put prison bars on the Jerome Powell box?
• 32:09
  Let me show you what he's talking about.
• 32:11
  Yeah, so I haven't talked about that much, but what a bizarro
• 32:15
  world in which we live in uncertainty, right, where we
• 32:18
  have the Justice, Justice Department investigating our old
• 32:23
  friend Jerome Powell. All right, I kept him in a box,
• 32:27
  and now they're talking about. I don't know if they're going to
• 32:29
  put him in jail. Whatever.
• 32:31
  I don't want to. I don't want to speculate on
• 32:32
  that. But there's Jerome.
• 32:34
  Hey, that's a great idea. This is Jerome.
• 32:37
  He's been in a box. I put him in a box years ago.
• 32:41
  Those of you who've been around for a while, inside his box is
• 32:44
  his favorite thing to do, right? Right.
• 32:46
  The old print, the old toilet paper money.
• 32:50
  But I put him in this box. Man, we haven't talked.
• 32:52
  This is critical. This is big.
• 32:54
  We haven't talked about this forever.
• 32:56
  OK, oh, I got another super chat, Susie says.
• 33:03
  Oh I do okay, I'll say thank you to that in a second.
• 33:05
  This is critical to understand. The reason why Jerome is in this
• 33:09
  box, which says do not open right, is because of one of the
• 33:13
  most powerful forces that we are experiencing right now.
• 33:17
  And we talked about it years ago and that is stagflation.
• 33:21
  He's in a box literally because that's what he's in.
• 33:25
  He's got a a tough economy and R for recession on one side.
• 33:29
  And on the other side, he has an I for inflation.
• 33:32
  Stagflation is the scariest situation in the world for the
• 33:36
  Fed. If you want to, if you want to,
• 33:38
  like even the rats will leave that fancy new Federal Reserve
• 33:42
  building that's being rehabbed in Washington.
• 33:45
  If you walk into the lobby of the Federal Reserve and yell
• 33:48
  stagflation, they run because there's nothing they can do.
• 33:54
  He literally is in a box, right? Because when you have a
• 33:57
  recession and you need to cut rates, which is what Trump's
• 34:00
  trying to force him to do, cut rates, cut rates.
• 34:03
  Trump's talking about 1% interest rates next year.
• 34:06
  If you do that in an environment where you already have big
• 34:09
  inflationary pressures, that makes inflation go through the
• 34:13
  roof. And then and so then you got
• 34:15
  inflation going through the roof.
• 34:17
  You got to deal with that, which is raise rates.
• 34:20
  But if you raise rates, that makes the economy go down, it
• 34:23
  becomes like a seesaw of doom. And that's what happened.
• 34:27
  The reason why it's so important, this is critical to
• 34:29
  understand, is because in the 1970s in the United States,
• 34:34
  that's what we had was a stagflationary environment.
• 34:37
  And by the way, during that period where we had stagflation,
• 34:41
  don't tell anybody, silver went from like what, $1.50 all the
• 34:45
  way to $50.00 in $1980, which if we adjust that for the CPI
• 34:51
  report, we get to a number closer to $200 per oz now.
• 34:56
  And on the back of the box, just serving at the solution right,
• 34:59
  I've cut a little slot is this I didn't show you that that's a
• 35:04
  beautiful Buffalo round from first met right, that's that's
• 35:08
  the solution. You put that in the box.
• 35:10
  Hey, we got another super chat. Wow, you guys are being super
• 35:13
  generous today. Thanks practical preps.
• 35:16
  Oh my gosh, Boru 1326 man, thank you for that generous super
• 35:22
  chat. Long, long overdue.
• 35:24
  Laugh out loud. I made.
• 35:28
  OK. Wow.
• 35:29
  Thank you. Thank you.
• 35:30
  Boru. Boru.
• 35:32
  Sorry, my eyes are bad. 1326. Let's ring the Golden Dawn for
• 35:37
  good luck, right? Don't don't forget, guys.
• 35:39
  Good days, bad days. One minute.
• 35:43
  Hold on. OK.
• 35:51
  Are you guys married? Do you have a wife that talks to
• 35:53
  you on a walkie-talkie while you're trying to do live
• 35:55
  streams? Hold on, let's put that up
• 35:57
  there. Hold on.
• 35:59
  I I didn't hear the last thing you said.
• 36:01
  Susie over just say why don't you just say hi real quick on
• 36:05
  the chat? OK, All right.
• 36:07
  Hey, guys, I'm going to say hi on the chat.
• 36:09
  This is this is big because one of the critical reasons, besides
• 36:13
  the fact that silver and gold have been valuable for time
• 36:18
  eternal, right, 4005 thousand years.
• 36:21
  Besides that fact, right, that they've survived every form of
• 36:24
  government. I was having this discussion
• 36:26
  last night with one of the sheeple.
• 36:28
  They've survived every form of government, every financial
• 36:31
  crisis. They've survived every war,
• 36:34
  every change in politics, you name it.
• 36:36
  Besides that fact that they're timeless in that regard, they're
• 36:40
  also valuable everywhere. And we're going to prove it to
• 36:43
  each other right now because what you're going to going to do
• 36:46
  is in the chat, tell me where you're joining from.
• 36:50
  And I'm going to do. I won't be able to get
• 36:52
  everybody, but I'm going to try my best to read these.
• 36:54
  OK, Go. I'm waiting.
• 36:56
  Want me to sing for you in the interim, Here we are, Johnny.
• 37:01
  Hello, Mega. Hello, Alan.
• 37:04
  Satoshi Greenspan. Oh, boy.
• 37:06
  Haha. Oh, that's Susie.
• 37:08
  OK Texas. Johnny Come lately.
• 37:15
  Alabama. Wow.
• 37:16
  Michigan, California, Washington, DC Manitoba, United
• 37:20
  Arab Emirates, Poland, Kansas City, Ohio Singapore.
• 37:26
  Trenton, MI Bakersfield. Oh my gosh.
• 37:29
  I can't. Sturgeon, Michigan again.
• 37:32
  Idaho, Houston, TX Wales. Wales.
• 37:35
  Wow, that's awesome. Chicago, Georgia, Florida.
• 37:41
  We're all here. Yeah, you're all in the
• 37:42
  basement. Bakerfield, Portugal.
• 37:45
  Wow. West Virginia, Algeria.
• 37:51
  That's awesome. New York City, Illinois,
• 37:53
  Indiana. Pukuga County, CLT, Louisiana.
• 37:57
  If I'm not reading it, keep putting it up there.
• 37:59
  Toronto, Denmark, Virginia, Sweden.
• 38:02
  Suzy. Swedish South Korea.
• 38:05
  Oh my gosh. Tampa, FL, Sheffield, England,
• 38:07
  North Carolina, Indiana, London, England, The home of the OBMA,
• 38:11
  Chicago. I'm at DePaul, Grand India,
• 38:14
  South Carolina, Scotland. My buddy is the president of the
• 38:19
  Dundee Soccer Club. John Nelms.
• 38:22
  I went to college with him and played in high school anyway.
• 38:26
  Ireland, Wisconsin. Colorado.
• 38:28
  San Francisco. Orlando, Wisconsin.
• 38:30
  Chile. New Orleans.
• 38:32
  Keep going. If I didn't read you fun
• 38:34
  basement. Vancouver, Honolulu.
• 38:37
  Leverskun, Bulgaria. Pismo Beach, Friesland, North
• 38:42
  Carolina. Your basement is an amazing
• 38:45
  size. Yeah.
• 38:46
  Estonia. Sacramento.
• 38:49
  Wow. Chile, Chili.
• 38:52
  Arizona, Miami, FL Man, you guys, it's awesome.
• 38:55
  Thanks for being here. Daytona Beach, Dubai, Michigan,
• 39:00
  Montreal. You're not stopping.
• 39:01
  California, USA, Antarctica. Wow, dude, that's awesome.
• 39:07
  Slovenia, Texas. We've covered the globe.
• 39:12
  Is Texas a state or a country? Antarctica.
• 39:15
  Leeds, UK, Ireland. Man, guys.
• 39:18
  Egypt. Do you see what I'm talking
• 39:20
  about, right? Silver and gold are valuable
• 39:22
  everywhere, right? Paper money.
• 39:25
  One country does what? What's the Russian ruble worth?
• 39:28
  the United States, Florida. Texas.
• 39:31
  The Moon. Fort Bragg, NC.
• 39:33
  Thank you for your service. Puerto Rico.
• 39:35
  The Republic of Texas. My eyes hurt.
• 39:39
  Oh. Susie says.
• 39:40
  My eyes hurt. Susie's ears hurt.
• 39:42
  All right, guys, have a great day.
• 39:44
  OK? Thank you for joining me.
• 39:47
  And I'm going to look forward to seeing you.
• 39:49
  Yes, you next time.