Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **ALERT** SILVER Just had a MASSIVE Change... (COMEX, LBMA & Gold Price News too!)

Transcript

**ALERT** SILVER Just had a MASSIVE Change... (COMEX, LBMA & Gold Price News too!) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  Massive excitement in the gold and silver markets right now.
• 0:05
  We're going to talk about a short squeeze.
• 0:07
  We're going to talk about big developments with Elon Musk and
• 0:11
  a lot more. But for most of us who've been
• 0:13
  investing in precious metals, we have never experienced a time
• 0:17
  like this in our years. It's been decades we've been
• 0:21
  waiting, and it appears to be happening right now.
• 0:24
  Let's run out first and look at a chart that was provided to us
• 0:28
  from our friend Jesse Lumbo, one of the top emerging analyst in
• 0:32
  the precious metal sector. But before we do that, thank you
• 0:36
  for being here. You are the most important part
• 0:38
  of Ron's basement. Please subscribe to the channel.
• 0:42
  It's free. Give the video a thumbs up and
• 0:45
  share it with your friends and family so that we can get the
• 0:48
  word out about what is turning into a super exciting time to be
• 0:52
  invested in precious metals. Let's go look at this chart from
• 0:55
  Jesse. It just shows us some things
• 0:58
  that are, I mean, really we imagine a year ago when a lot of
• 1:02
  us were down here, we could not believe what we are experiencing
• 1:07
  right now in the precious metals market.
• 1:09
  There's the bubble, bubble report, that's his sub stack and
• 1:13
  there's his picture up there in the upper left hand corner.
• 1:16
  But the chart is what we want to look at.
• 1:19
  And guys, this says it all. And there's a little secret
• 1:22
  factor that we can get even more excited about.
• 1:25
  But if we look here right, as he points out, we spent a lot of
• 1:29
  time getting through this 32 to $33 zone.
• 1:32
  Then I spent a lot of time fighting through this 34 to $35
• 1:38
  zone. Remember we talked about this
• 1:41
  many times. I think we tried like 3 times in
• 1:43
  total to get through this $35 the area.
• 1:47
  And now the next. We went up between about 3550
• 1:52
  and 3750. We talked about 3750 being a key
• 1:57
  area to breakthrough and look at what happened on Friday.
• 2:01
  Oops, here we go. We'll go back to that.
• 2:03
  Hold on here, we broke out, right?
• 2:06
  As you know, that's not breaking news.
• 2:08
  We broke out. But what makes it even more
• 2:10
  exciting and we're going to talk about a short squeeze here next.
• 2:14
  Three critical things that I think indicate we could be in
• 2:18
  for a short squeeze. But on this chart, as Jesse
• 2:21
  points out, OK, this all happened on Friday on very heavy
• 2:27
  volume. Look right here you can see a
• 2:30
  big, big green Cam candle. So everything is pointing toward
• 2:36
  a very healthy market for silver.
• 2:39
  And we're going to talk about the silver short squeeze right
• 2:41
  now, but the gold market is also doing very well.
• 2:44
  We're going to focus in on gold a little bit later.
• 2:46
  Let's talk about the short squeeze because the bottom line
• 2:49
  is this, my fellow basement dwellers, my fellow Fiat
• 2:53
  fighters, that's what we are. We're we're we're part of the
• 2:56
  FF, the Fiat fighting crew. The bottom line is this all
• 3:02
  right, when the massive shorts, OK, when there's massive shorts
• 3:06
  and there's a massive price increase that leads to massive
• 3:10
  losses for the massive banks, massive short position, which we
• 3:14
  have, OK, massive price increase creates massive losses for the
• 3:19
  massive banks. Let's go out here and take a
• 3:22
  look at some fascinating data about what is developing right
• 3:26
  now in the silver market. Here we go from Wall Street
• 3:30
  gold. The big eight banks are short a
• 3:32
  record 404,000,000 ounces of silver.
• 3:36
  That's more than 150 days of global mine supply, right?
• 3:41
  Almost half. They built this massive short
• 3:44
  position around $37.50 and now silver has surged to $39.00.
• 3:51
  They're trapped and bleeding. The breakout setup is explosive.
• 3:57
  And look at these. Those are those wonderful
• 3:59
  bankers. Don't it's OK, we can poke fun
• 4:01
  at them guys, 'cause we are the Fiat fighters.
• 4:03
  They're not real happy, OK? I mean, remember every time
• 4:07
  silver goes up, what a dollar per oz they're they're out
• 4:10
  another $400 million. And let's go to the next piece
• 4:15
  from Wall Street gold. What a week for silver futures
• 4:18
  hit a high of $39.22 close strong above $39.00 at 39 O 7.
• 4:25
  The big eight banks are a record short and now deep underwater.
• 4:28
  The squeeze is on and it's just getting started.
• 4:31
  Silver bowls, enjoy the weekend. The fireworks are far from over.
• 4:34
  Stay ahead of the herd. Join our sub stack.
• 4:37
  OK, let's go to this one. This, I thought, had Hold on
• 4:41
  here. Oh, I I got to share.
• 4:45
  That's the one. Here we go.
• 4:47
  Now we are on the right screen. Yes.
• 4:50
  OK. Wall Street gold.
• 4:51
  What happens when the big eight bullion banks finally run out of
• 4:57
  paper tricks? They're sitting on a 400 million
• 4:59
  oz short. That's 150 days.
• 5:01
  OK. The physical buyers demand
• 5:03
  delivery. Margin calls will turn into
• 5:05
  margin infernos. Remember 1980?
• 5:08
  The Hunt brothers sent silver to $50.00 in 1980.
• 5:12
  What's that today? What's that in today's dollars,
• 5:15
  you know, something like 180 a $190.00 per oz by cornering
• 5:20
  roughly just 100 million oz. Multiply that pressure by 4 and
• 5:26
  today's soaring industrial demand record ETF draws and
• 5:31
  world de dollarizing. Q the mother of all squeezes,
• 5:35
  man, that just like MIC drop. Good job there.
• 5:38
  Wall Street gold. I mean think about it right?
• 5:40
  The short position now we're talking is 4 times larger.
• 5:44
  We have soaring industrial demand, way more than 1980
• 5:48
  record ETF inflows. We'll talk about that later and
• 5:52
  world de dollarizing and right a fiscal situation that's out of
• 5:56
  control. It's nuts.
• 5:58
  A forced cover now wouldn't just tag $50, it would blow right
• 6:02
  past triple digit price. Discovery Bank shorts are
• 6:05
  torched. The COMEX, right?
• 6:08
  We're the Fiat fighters. We can, we can, we can make fun
• 6:11
  of the boys and girls at the Comex.
• 6:12
  Vaults are drained, Mints are bone dry.
• 6:16
  When the spark hits, you won't be buying oz, you'll be chasing
• 6:21
  grams. And what they're saying is that
• 6:24
  we could be in a situation where if you own physical silver right
• 6:28
  now, you may be very, very, very high.
• 6:31
  So I've heard different reports. There's so much going on right
• 6:35
  now about whether or not the it's officially right now at a
• 6:38
  record high from the COT report. Nonetheless, there's this
• 6:41
  massive short, but there's something else that that
• 6:44
  nobody's talking to. Another one more reason why we
• 6:47
  can be so excited about silver when we compare it to 1980, when
• 6:51
  we compare it to 2011, you know what it is.
• 6:55
  Think about it. OK, now we've got China and
• 6:59
  India back then, right? Even in 2011, they weren't the
• 7:04
  major players that they are today.
• 7:06
  Both of those countries with their 1.4 billion people each
• 7:10
  and their insatiable demand for silver for industrial purposes,
• 7:16
  for investment purposes are a whole new X Factor.
• 7:20
  Guys, this could be crazy. Where is he, huh?
• 7:22
  Where is he? Hold on, there he is.
• 7:24
  You see him right there? That huh, That's Smitty.
• 7:28
  I think his name is the Silver Bear.
• 7:31
  He's got a blindfold on that says $85.
• 7:34
  I look, a month ago I sat on here and said that I believe we
• 7:38
  can get $60.00 silver by April Fools Day 2026.
• 7:43
  I think, I think we've got a shot right within the near term
• 7:47
  future, I'll say a year that we could be having a massive party,
• 7:52
  us Fiat fighters, basement dwellers down here, taking off
• 7:55
  that blindfold. That blindfold will come off
• 7:57
  Smitty the Silver Bear when we get to $85 per oz.
• 8:01
  What a great opportunity to point out our sponsor of the
• 8:04
  silver and gold content, First Mint.
• 8:07
  OK, First Mint is owned by First Majestic Silver.
• 8:11
  That's Keith Neumeyer's massive silver mining company.
• 8:14
  First Majestic mines the silver in Mexico, all right, ships it
• 8:19
  directly to 1st Mint in Las Vegas, NV, where it's minted in
• 8:26
  Korea and they create world class silver bullion products.
• 8:29
  Let me show you an example. This is hot off the mint, hot
• 8:32
  off the presses. I think that's the accurate way
• 8:34
  to say it. This is their new Las Vegas
• 8:37
  round. All the all the products that
• 8:40
  are created by First Mint are unique to them.
• 8:43
  Absolutely beautiful. This is the new Las Vegas round.
• 8:47
  It's got a poker chip design on that side and on the other side,
• 8:51
  I was a big fan of roulette at one point in my life.
• 8:54
  Look at that beautiful design and it has the roulette wheel
• 8:58
  around the outside and everything I get from First Mint
• 9:01
  I absolutely love. They've got competitive pricing,
• 9:05
  great service. It's a company you can trust.
• 9:07
  It's headed up by Keith Newmeyer.
• 9:09
  They've got thousands of happy customers.
• 9:11
  Don't forget also, guys, you can go out to their website, right,
• 9:14
  firstment.com, and there's a discount code, OK?
• 9:19
  VIPRB, think Ron's basement. All right, let's move on.
• 9:23
  We got a lot more to talk about. I want to give you a warning,
• 9:27
  OK? I don't want to be Debbie
• 9:28
  Downer, but but while we are super excited and I believe we
• 9:32
  are headed higher and higher with the silver price, there's
• 9:36
  always a chance that these guys are going to try that they've
• 9:38
  done for decades one more time to smash down the price of
• 9:43
  silver. I'll tell you right now, how do
• 9:45
  you feel if that happens? What if they're able to smash
• 9:47
  silver down to $30 per oz? Guess what?
• 9:51
  I want to tell you guys that the Comex and the LBMA, I'll be
• 9:54
  scraping up every loose penny I have to buy more silver at that
• 9:58
  point. And I think there's a big wave
• 10:00
  of people out there that would be as well.
• 10:02
  I think it's time for the beach ball to blow up out of the water
• 10:06
  and for us to see potential returns in the silver price like
• 10:10
  most of us have never experienced.
• 10:12
  Oh, OK, we got the deficit and silver growing demand.
• 10:15
  We covered all that, and it wouldn't be right.
• 10:17
  What do we always want to look at as silver investors?
• 10:20
  It wouldn't be a fun live stream unless we went out and saw yet
• 10:25
  another iteration of our favorite, our favorite chart
• 10:30
  pattern, Tobby Costa. But listen to what Tobby says.
• 10:33
  A lot of you and me were in the same boat as him.
• 10:36
  We've believed in silver for many years, decades even.
• 10:40
  And he says this the time has come when your invest in your
• 10:44
  investment thesis holds. Lean in with confidence.
• 10:49
  Since mid 2019, we've been aggressively acquiring what we
• 10:52
  saw as undervalued assets with strong silver exposure,
• 10:56
  consistently backing our conviction with the in the metal
• 10:59
  at times. And then I want you to ask
• 11:02
  yourself this as a silver and a gold investor, it felt like a
• 11:06
  lonely stance, but markets always have the final word.
• 11:11
  Mother Nature always wins. Markets always win.
• 11:13
  More importantly, this is one of the largest cup and handle
• 11:17
  formations that I've seen in my career.
• 11:20
  So let's just briefly look at the cup and handle, right?
• 11:24
  Another way to look at it here from TAVI guys.
• 11:27
  Oh boy, we can't resist. OK.
• 11:30
  This goes back to 1980, right, when they had a quarter of this
• 11:35
  position we have now. There's the cup to 2011, there's
• 11:39
  the handle. And if I could go any further,
• 11:41
  my cursor is going off the screen almost out of the
• 11:45
  basement under the first floor. Susie upstairs.
• 11:47
  Susie's up there looking around saying is that the silver price
• 11:51
  coming up out of the basement? I mean, guys, and we used to
• 11:53
  talk about that, right? We used to talk about being down
• 11:56
  here in the basement, like the sentiment in the metal sector.
• 11:59
  Like I would say, I would lay on my floor and be like, nobody
• 12:03
  cares, There's nobody, but this is the best investment ever,
• 12:06
  right? We would lay on the floor
• 12:07
  together, right? We stuck together.
• 12:10
  I agree with what Tavi says, right?
• 12:12
  But us here in the basement, we stuck together through all of
• 12:15
  this and we'll stick together with whatever they throw at us
• 12:18
  in the future. But don't, doesn't it feel like
• 12:21
  it's becoming very evident that the future looks super bright
• 12:25
  for the metals? OK, what did Neil's have to say?
• 12:29
  There's so much going on, man. Here's our friend Neil's over at
• 12:36
  Kitco and he says the on Friday silver rallies about $38 and
• 12:41
  quote, an incredible breakout. There's some key things we need
• 12:45
  to look at in this article. To 13 year highs, actually.
• 12:50
  Yeah, that was on Friday. We already talked about a lot of
• 12:53
  that. But here in yellow, this is from
• 12:56
  Phil Streibel. He's been on my show before with
• 12:59
  Blue Line Futures. This guy is super sharp.
• 13:02
  Again, I put him up there with Jesse Colombo, one of the
• 13:05
  sharpest analyst in the metal sector.
• 13:07
  He says it's an incredible technical breakout, said Phil
• 13:11
  Streibel, chief market strategist of Blue Line Futures.
• 13:14
  Streibel noted that silver is benefiting from rising gold and
• 13:20
  copper prices. We don't talk about that, but
• 13:22
  copper is also doing extremely well.
• 13:25
  The grey metal referring to our friend silver is viewed as both
• 13:29
  a critical monetary asset and an industrial commodity.
• 13:34
  We get the best. Remember that song, the best of
• 13:39
  both worlds. You're probably as old as me.
• 13:41
  Remember that we're getting that.
• 13:43
  We are in that catbird seat right now.
• 13:46
  Silver investors. From a monetary perspective,
• 13:49
  silver is thriving from an industrial perspective, silver
• 13:53
  is thriving from a supply and demand perspective, silver is
• 13:56
  thriving. Silver is just absolutely
• 13:59
  thriving. Same with gold.
• 14:01
  Same with gold. There was a few more things.
• 14:03
  OK the the gold to silver ratio, right?
• 14:07
  The renewed momentum in silver has pushed the gold to silver
• 14:11
  ratio all the way down to 88. Hold on a minute here guys.
• 14:16
  You know what the gold to silver ratio is That represents the
• 14:20
  number of Oz of silver that you need to buy.
• 14:24
  One ounce of gold currently sitting at 88.
• 14:27
  OK, Well, historically speaking, and you can look at broad,
• 14:32
  broad, you know, Millennium, hundreds of years, decades,
• 14:36
  whatever. It's not unusual on a long term
• 14:39
  basis for that ratio to get down to 50, OK, at 50 to one, right,
• 14:45
  meaning it would only take 50 ounces of silver to get one
• 14:47
  ounce of gold. We would have a silver price
• 14:50
  well above $160 per oz right now.
• 14:55
  There's no reason why we, we couldn't, excuse me, why we
• 14:59
  couldn't be there. OK, it's a, it's a, it's A and,
• 15:03
  and we aren't, we aren't hearing much lately about the gold to
• 15:06
  silver ratio, but that's another factor that's pointing us
• 15:09
  towards the fact that silver has a big long way to run.
• 15:13
  And on top of that, the outlook for gold is incredible.
• 15:17
  So if gold continues to go higher, it will also continue to
• 15:22
  bring silver higher. And as that ratio goes down, it
• 15:25
  it'll just, it'll be like a, like a double whammy, like a
• 15:28
  turbo, a silver turbo button. OK, let's get back to Tobby.
• 15:33
  I'm sorry. Neil's article.
• 15:36
  OK, on Thursday. Oh, the Silver Institute, every
• 15:40
  God, it doesn't stop. Everywhere we look, there's good
• 15:45
  news. The Silver Institute reported
• 15:48
  that physical holdings in global silver backed ETF rose about
• 15:54
  rose to 1.13 billion ounces in the first half of 2025, just 7%
• 16:02
  below the peak of 1.21.21 billion oz set in February of
• 16:08
  2021. So the E people investors are
• 16:12
  coming back into silver. And let me point out, right,
• 16:15
  that that billion oz that's like the entire 1.13 billion ounces
• 16:20
  is darn close to the entire supply of silver provided to the
• 16:27
  world on an annual basis. That comes from 2 components,
• 16:30
  mining like our friends at First Majestic Silver that we talked
• 16:33
  about earlier and recycling combined.
• 16:37
  That's being held right now in ETFs and supposedly they're
• 16:41
  supposed to have, there's some speculation to the contrary,
• 16:45
  however, they're supposed to own all of that silver.
• 16:49
  Things are getting quite interesting.
• 16:52
  Thanks to all 600. Hey, please give this a thumbs
• 16:54
  up for those of you that just joined.
• 16:56
  We have a big special going on here in Ron's basement.
• 17:00
  OK? We're the we we're, we're doing
• 17:02
  that. It's free to subscribe the
• 17:04
  special. We want you to come back.
• 17:06
  We want you to enjoy visiting here in the basement with me and
• 17:10
  with our fellow Fiat fighting basement dweller friends.
• 17:13
  We got people from crypto that are wanting to learn about
• 17:16
  silver and gold. This community is growing and we
• 17:19
  want you to be a part of it. So thank you for being here on
• 17:23
  top of that. Okay, now we got to talk about
• 17:25
  we're going to talk about Elon Musk.
• 17:27
  Crazy what this could do. But also let's talk about the
• 17:31
  Fed and Jerome Powell and Donald Trump because Trump is attacking
• 17:35
  Powell and now there's unbelievable speculation about
• 17:40
  what might be happening at the Fed here in the coming days.
• 17:43
  But we'll go to this first. The White House ramps up
• 17:48
  pressure. Let's move this down from NBC
• 17:51
  News. The White House ramps up
• 17:53
  pressure on the feds, pal. Three weeks before the next
• 17:56
  interest rate decision. So we're going to have an
• 17:58
  interest rate decision here in three weeks.
• 18:00
  There's our friend Jerome. You know what?
• 18:01
  We're going to get him out here in a second.
• 18:04
  Basically. Guys, we're.
• 18:05
  I'm not going to bore you with that.
• 18:07
  We'll have more fun. For those of you who are new,
• 18:10
  we've been doing this for almost 2 years now.
• 18:13
  We have a Jerome in the box. Yeah, we're not supposed, you
• 18:15
  know what's in there. We're not supposed to open this
• 18:18
  right? I think he's cute.
• 18:21
  Got a cute picture of him. That's our friend Jerome Powell.
• 18:24
  He controls. Yeah, this right.
• 18:27
  The printing press, toilet paper, paper money, Fiat.
• 18:30
  We are the Fiat fighters. Well, Trump is attacking Jerome
• 18:35
  Powell like no president has ever attacked any poor guy.
• 18:40
  He's going to. He's.
• 18:40
  You might be getting put in his box for good.
• 18:43
  He's never attacked the Federal Reserve Chairman.
• 18:46
  They want to cut rates. If they cut rates, Trump is
• 18:48
  talking about a 3% drop in the Fed interest rate is what he's
• 18:53
  wanting. That could be crazy.
• 18:56
  But to make it even more insane right now, look at this when it
• 19:01
  comes to what's going on with the Fed.
• 19:05
  Wrong one, wrong one. Oh, shoot.
• 19:07
  Hold on here, guys. Trillions, Elon.
• 19:10
  No, wrong 1. Bear with me.
• 19:15
  OK, well, hold on, hold on. Let me see what you guys are
• 19:19
  looking at. All right, I'm going to let you
• 19:21
  watch me struggle live. Welcome to live streaming.
• 19:24
  Sometimes things don't go. We might be having a little
• 19:26
  technical problem. So hold on.
• 19:28
  Maybe Susie can let me know if you guys can see me and hear me.
• 19:33
  Let's go back here. Hold on here.
• 19:35
  White House ramps up pressure. Uh oh.
• 19:38
  Oh, No, Hold on. Susie's calling me.
• 19:41
  Hello. What?
• 19:44
  I'm on. OK.
• 19:50
  Oh, OK. Thank you, sweetheart.
• 19:53
  Yep, I love you. I got to get back to the live
• 19:55
  stream here. Hold on.
• 19:57
  Why did you call me on the phone?
• 19:58
  Do you want to say hi to everybody?
• 20:00
  Susie? I'll.
• 20:01
  Say hi, Hi. Thank you, everyone.
• 20:03
  Welcome, new and welcome to everyone who's been here before.
• 20:07
  Thank you so much. OK.
• 20:10
  All right. See you, sweetie.
• 20:11
  Love you. Bye.
• 20:13
  Bye. Bye.
• 20:13
  Bye. OK, guys, hold on here.
• 20:16
  I wanted to find this article. Elon, hold on here.
• 20:19
  White House post. So for shorts.
• 20:22
  Oh, darn it. This is going to drive me crazy.
• 20:24
  I don't know what happened here, basically.
• 20:29
  Oh, here it is. I found it.
• 20:31
  I found it. Thanks for thanks for bearing
• 20:33
  with me and let me get back here and let's share this.
• 20:38
  OK, let's go back here. Let's click on this and see if
• 20:43
  this works. And OK, should be looking at
• 20:50
  metals and miners. Bill Pulte, there we go.
• 20:54
  Thank you, guys. Bill Pulte, chairman of the
• 20:56
  FHFFA. Fed Chair Jerome Powell, is
• 20:59
  considering resigning. This would be unprecedented.
• 21:03
  OK? A senior Trump administration
• 21:05
  official on Friday said that Jerome Powell is, quote, UN
• 21:09
  quote, considering resigning as pressure grows for an
• 21:12
  investigation into whether he lied to Congress about the
• 21:15
  central bank's Palace of Versailles.
• 21:18
  I think I pronounced that Versailles.
• 21:20
  Versailles. Anyway, renovations to its
• 21:22
  headquarters in Washington, DC. So it is getting turning into a
• 21:28
  monkey show. I don't know a circus, but in a
• 21:31
  toxic way in Washington, DC. This is the Fed that controls
• 21:35
  the monetary policy for our country.
• 21:38
  And guys, if things are getting nuts and then on top of it all,
• 21:41
  Elon Musk is talking about starting a political or has
• 21:45
  started a political party. Why does this matter to silver
• 21:48
  and gold investors? I'll give you the reason why.
• 21:51
  Silver and gold are the safe harbor during times of
• 21:54
  uncertainty. And right now you're talking
• 21:57
  about Elon Musk, who by the way, from scratch started a company
• 22:01
  called Tesla, who, by the way, from scratch started a company
• 22:04
  called SpaceX and a number of other massively successful
• 22:08
  initiatives is now starting a political party because he's at
• 22:12
  war with President Donald Trump. This could create, we already
• 22:16
  have social unrest. We already have economic turmoil
• 22:22
  in the world, monetary, massive monetary policy issues, massive
• 22:26
  fiscal issues with the United States.
• 22:28
  We haven't even touched on the national debt today.
• 22:30
  And now we're talking about the potential for massive political
• 22:34
  issues as well. OK, The world is changing like
• 22:38
  never before. Silver and gold will be the safe
• 22:41
  harbor, right? Gold price has been doing very,
• 22:44
  very well. Let me, I forgot to share this
• 22:46
  with you. Hold on here.
• 22:50
  This is the data regarding Elon Musk.
• 22:55
  Elon Musk's new political party could be a major blow to
• 22:58
  Republicans, apparently. Here we go.
• 23:01
  Republican support for a Musk America Party is significant to
• 23:05
  the context of US electoral electoral dynamics where third
• 23:09
  parties have historically acted as spoilers, particularly for a
• 23:13
  party from which they split. Now, basically, there was a
• 23:18
  poll, OK, Overall, 40% of respondents said they were
• 23:22
  either very likely 14% or somewhat likely 26% to support
• 23:29
  the America Party candidates. So this is real Elon Musk, and
• 23:34
  this is not a political show, never has been, never will be.
• 23:38
  I'm not professing support or disdain for anybody out there.
• 23:41
  However, however, right, we're going to look at the facts and
• 23:46
  what we know is that what Elon is doing could create major
• 23:50
  political upheaval in this country.
• 23:52
  OK, gold is here to stay. I also want to say thank you to
• 23:56
  channel sponsor First Mining Gold.
• 23:59
  Guys, I'm not a financial advisor.
• 24:01
  This is not financial advice, whether I'm talking about
• 24:04
  silver, gold or gold mining stocks, but I do own gold mining
• 24:07
  stocks. I have for decades.
• 24:09
  First, mining gold is one of the stocks that I own.
• 24:12
  They also sponsor the channel. They are a Canadian gold
• 24:15
  development stage company. They have two massive
• 24:19
  development stage projects in Canada.
• 24:22
  Hold on here, she's calling again.
• 24:26
  I'll, I'll finish my spiel in one second.
• 24:28
  You're on speaker, so let me Sure you say.
• 24:30
  Hi to. Everyone.
• 24:32
  And thank Rob Mirage. For the Super chat, Yes.
• 24:36
  OK. All right, I will.
• 24:37
  Thank you. Thank you.
• 24:38
  Thank you. Thank you.
• 24:40
  OK, what would I do? She has a walkie-talkie.
• 24:44
  Is your walkie-talkie not working?
• 24:48
  Apparently not. OK, first mining gold, right?
• 24:51
  Two massive development stage projects, gold in the ground in
• 24:54
  Canada, we're talking millions of Oz.
• 24:57
  OK, I don't own a lot of physical gold, but I like owning
• 25:00
  stocks and companies that have a lot of physical gold in the
• 25:03
  ground in Canada. And that's what you get with
• 25:06
  first mining Gold. Plus, they're moving these
• 25:08
  projects through the development stage, the permitting stage, and
• 25:12
  the big gold mining companies have not done a real good job of
• 25:16
  keeping their pipeline of future projects production filled.
• 25:21
  So they're going to be looking for good projects, big projects
• 25:24
  and good jurisdictions that could work out very well for our
• 25:28
  friends at First Mining Gold. You can learn more about them at
• 25:31
  First Mining goldnow.com. Now, thank you, Susie, for
• 25:36
  reminding me. Let me pull up the comments and
• 25:39
  say hello. Somebody gave a nice super chat.
• 25:43
  Hold on here. Here it is.
• 25:45
  Oh, wow, wow, wow. Look at that guys.
• 25:49
  Somebody gave us $140 super chat.
• 25:51
  Thank you, Rob. And I need to make this bigger
• 25:54
  so I can read what you said on my screen.
• 25:57
  Oh, shoot, I can't see it. Rob Mirich shoot.
• 26:01
  OK, maybe Susie can call me and tell me what.
• 26:06
  Oh, here, keep up the good work. Thanks, Rob.
• 26:08
  Wow, thank you for the support. Super chats super appreciated.
• 26:12
  Right. We support our family through
• 26:13
  this. Never expected, but thank you.
• 26:16
  OK, Thank you very much and thanks to everybody who's here
• 26:19
  today. I see Mark Hazley, I see Bill
• 26:23
  457. What a crew.
• 26:24
  We are the Fiat fighters, the basement dwellers, OK?
• 26:29
  I, we do not, we've been, we've been at this for a while.
• 26:32
  I think we've got a great chance for a short squeeze and the
• 26:35
  silver market in particular as we move into the coming months.
• 26:39
  No matter what happens, right, always be responsible with how
• 26:43
  you invest. I can give that financial
• 26:45
  advice, OK, But we're going to be keeping a close eye later
• 26:48
  today is going to be interesting when these markets open.
• 26:50
  Have a great day, guys. Thank you for being here.
• 26:53
  OK, Thank you, Thank you. Be good to yourself and I'll see
• 26:57
  you next time. Bye bye.