Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / Exclusive INSIDE Scoop: Major Shifts in the SILVER and Gold Community... and a Word of CAUTION
Transcript
- 0:03Big changes in the silver and gold sector.
- 0:06We have an exclusive story this morning regarding Wall Street
- 0:11Silver, that organic community that grew out of the Silver
- 0:15Squeeze, big changes within that Reddick community.
- 0:19I'm joined by John Little. We're going to talk about that
- 0:21today. He knows a lot on the subject,
- 0:24but also we have a big warning, a big concern about what's going
- 0:29on in the silver and gold sector.
- 0:33We're going to talk to you about that as well.
- 0:35John, thanks for joining me again here in Ron's basement.
- 0:39Oh, it's always my honor. I've just been devouring your
- 0:42videos and again, it's just to be in the basement next to the
- 0:46Unicorn and the gorilla. It will hit the $2500 number for
- 0:51sure. Big Party when Gold hits $2500.
- 0:56Following this story, we've had a chance to go on some other
- 0:59networks, but we we feel more that you're you want you listen
- 1:03and are more aligned with our mission.
- 1:05So I'm real honored to be with you and you're awesome fans.
- 1:10So thanks, let's keep going. I can get right into this.
- 1:15Unless you have a question. Well, I wanted to point out to
- 1:18the to the viewers, we've got big changes at Wall Street's
- 1:22over and that's a huge community, right?
- 1:25I think 260,000 members. Had the Wall Street vets sort of
- 1:32launched the mean stocks like GameStop and AM C and.
- 1:38There was a shout out saying well this could probably work
- 1:41with silver given the fact that we, you and I discussed two
- 1:44weeks ago the shortage of silver and that it is a historically
- 1:48shorted position by usually bank bankers.
- 1:53So there an opportunity emerged and the Wall Street vets guy
- 1:58kind of said we don't want you talking about silver on our
- 2:01stock channel. So they ended up starting their
- 2:04own thing, and it did mushroom into a significant movement.
- 2:07Organic. Where people were allowed to the
- 2:11idea was let's all stack physical silver and drain the
- 2:16inventories thus silver raising and prices or calling these
- 2:21people on their naked short positions.
- 2:23So it's very smart movement and and it started off sincere and
- 2:28then what happened is the founders and I'm not going to
- 2:31drop names, people can research this but they sort of launched A
- 2:34GoFundMe scheme that was intended to.
- 2:38Do a variety of things like buy media, outdoor media, Internet
- 2:42ads, grow the movement, the funds.
- 2:47And there was supposed to be this Ledger that everyone could
- 2:50see full transparency and accountability.
- 2:53No one could produce the Ledger, the people in the OR the
- 2:56moderating role. So that led to some red flags.
- 2:59And then there was all of a sudden instead of talking about
- 3:02physical silver week after week after week on their YouTube
- 3:05channel, it seemed to be this. Pump and dump scheme for just
- 3:10various different obscure mining companies.
- 3:15So they took their eye off the ball.
- 3:17Then we found out later that they just didn't have the
- 3:19numbers. A lot of them were bots and you
- 3:22can spend money I guess and read and have these bots retweet you
- 3:26all the time on Twitter. So the analogy I thought of was
- 3:30if I said I'm printing the Wall Street Journal and I go to
- 3:35Cadillac and Gucci and. Audi and BMW and say, hey, we
- 3:39have a readership of 10 million. All of our people are high net
- 3:43worth people. All of our, they own two homes,
- 3:48they all have advanced degrees. And then you don't print the 10
- 3:52million papers. You only print maybe 500 of them
- 3:55and just send them to Cadillac, to your advertisers and act like
- 3:59these are my demographics, but they're not your demographics
- 4:02because you don't have that reach, because you paid for that
- 4:04reach through bots. So they stole that money from
- 4:08the fleece from the miners, freeze fleece from the silver
- 4:11citizens and then there was another layer of fleecing on
- 4:15this minted coin that they produced.
- 4:18They were supposed to share that proceeds and they it was over
- 4:23500,000 in revenue there that they didn't share.
- 4:27So it it totaled over $1,000,000 and worse than that and that's
- 4:32pretty egregious given how small the silver market is.
- 4:36But worse than that is, it left a bad taste in the mouth of the
- 4:40sponsors as well as the Stackers.
- 4:43So as of yesterday, the some of the original moderators and you
- 4:49let me let me let me interject quick.
- 4:51I'm sorry, because I would. No, it's okay.
- 4:53No, I just want to mention, I think it's a real shame that you
- 4:57had this organic community of people that were interested in
- 5:03growing awareness of silver. People, individuals donated
- 5:07money. You know, I think like you said,
- 5:10on many levels people felt, I mean it's hard enough to to to
- 5:17educate people on silver and gold for that matter.
- 5:20But then when you have situations like this, which at
- 5:22its very base root was a grassroots movement to to
- 5:27support silver and gold, that it wound up this way.
- 5:31And I can tell you from my own personal experience, I had a
- 5:34couple companies tell me, companies that I own stock in,
- 5:39companies that I was interested in working with that said we're
- 5:42holding off, we got burnt by Wall Street Silver.
- 5:45We had a bad experience and that's a fact and that's the
- 5:48truth. And it's just a real shame that
- 5:52it that it took took that turn. But there is some good news and
- 5:56before I cut you off, I think you were going to allude to that
- 5:58about what's transpired regarding some of the original
- 6:01people coming back and and and and taking over.
- 6:06Well, I'm really glad you interjected that because that it
- 6:10seems like you're discovering a pattern and I think we should
- 6:13touched on that pattern because it goes to the yeah, I kind of
- 6:17want to, I want to go there a little bit and then come back to
- 6:19what you just said. If if only 1/2 of 1% of U.S.
- 6:25citizens believe that silver and gold are a worthwhile investment
- 6:32because there's all the other asset classes have done pretty
- 6:35well. Because when you print a lot of
- 6:37money, those that money printing sort of flows into equity
- 6:42markets and real estate markets and people have choices for
- 6:46where they hold their wealth. So it's always been an uphill
- 6:49battle since. You know, at least since Nixon
- 6:52closed the gold convertibility option to get people to invest
- 6:56in gold and silver. So the last thing you want is to
- 6:59have this outcropping of thieves and bandits and fraudsters and
- 7:04villains. Say they have some version of
- 7:08gold, whether it's in a fund or in some other manifestation or
- 7:14business plan. And then?
- 7:17They usually target the elderly. They usually do so on TV ads.
- 7:22There was a guy named Lucas Asher Fashion himself is sort of
- 7:27a, you know, a sun shade wearing leather coat, rock and roller.
- 7:34He had a company called Barrett Capital or Chase.
- 7:39Metals, you know, they always kind of give you these confusing
- 7:42names. And there was a character named
- 7:44Tyler Gallagher of Regal Assets, and I did a story on them.
- 7:48There's ten of these citizens just recently, so they're
- 7:52targeting the elderly. And if it leaves that kind of
- 7:55stain, think how much harder than the people that are
- 7:58reputable have to work then to remove that tarnished
- 8:03reputation. So circling back to and and and
- 8:08and you bring up a great point. I've been in this business now
- 8:12for about a year and a half and I've been presented with you
- 8:16know 10s of 4050, sixty different sponsorship
- 8:20opportunities or affiliate programs.
- 8:23And without exception everyone that I've looked into.
- 8:27I think well, I wouldn't do business myself with this
- 8:31company. So I'm not going to represent it
- 8:33to my audience because you, you, you are dealing with elderly
- 8:38people. You are dealing with another
- 8:40segment of the population that are unsophisticated investors
- 8:44that don't understand. And and I think that those
- 8:48people are being taken advantage of.
- 8:51And I want to, I want to emphasize, I think a point that
- 8:54you that you made, right. Like gold and silver are already
- 8:57fighting an uphill battle, right.
- 9:00And and there's this, I don't know if it's an organized
- 9:03effort, but this overall message, I guess we'll say that
- 9:10we get generally in society that gold and silver are, you know,
- 9:15are are used by bandits and pirates and drug dealers and the
- 9:19Wagner group and and and and the fact that unfortunately there's
- 9:27a segment, not everybody, right. There's a lot of great people in
- 9:30this business. Right.
- 9:31And I'd like to think that I'm one of them.
- 9:33I'm not perfect, but I'd like to think that I'm one of them.
- 9:36But we're almost playing into what the general message is out
- 9:42there, like we're already fighting an uphill battle And
- 9:45then you've got all these conflicts of interest that I
- 9:48tend to see people, you know, engaging in price gouging scams,
- 9:52hustles, pumping up scams on penny stocks.
- 9:56And and it's like we're playing into the message that that, Oh
- 10:01yeah, gold and silver are, you know, it's a, it's a I don't
- 10:05know the right way to phrase it, but it's a dirty area.
- 10:07And don't you know, you don't want to buy gold and silver,
- 10:10right. That's what the general message
- 10:11obviously you know when one out of 300 people or whatever the
- 10:15number is in the United States own gold and silver, there's not
- 10:19a lot of that. There's not a lot of awareness
- 10:21and and and you know what I fear is that we could be running down
- 10:26like the like like we're almost like crypto.
- 10:29You know like Sam Bankman freed type situation where all of a
- 10:33sudden if if the government really wants to they could come
- 10:36in and and and say Oh my God look at all this.
- 10:39We told you gold and silver were bad.
- 10:41Look at all this fraud and corruption going on.
- 10:43I'm done. Well.
- 10:44You could build that if. A lot of these people, I think
- 10:49the story I wrote within the last six weeks was I think my
- 10:53list was up to 10 and that's that I found through research of
- 10:57I think I called it beware of gold and silver scams and again
- 11:03like you said if it we're fighting an uphill battle.
- 11:07We know that the people that don't want competition for their
- 11:12money are is the Federal Reserve in the US government.
- 11:16They want to be the issue issuers of the paper note it's
- 11:20always been that way in the Bank of England.
- 11:22Same thing when they wrote that contract with King George who
- 11:26wanted to fight France. They, the 40 businessmen, did
- 11:29loan him the money so he could fight France.
- 11:31But in the contract it said we will now have the monopoly on
- 11:34issuing the currency. And that isn't that long ago,
- 11:37like 200 years ago or so. Well, a little more than that,
- 11:40so. That practice, like you say, we
- 11:43already have that uphill battle of of fighting the Federal
- 11:46Reserve. So in a way we are like you say,
- 11:49we're sort of cannibalizing each other through that plan of let
- 11:54the let the villagers fight amongst themselves and then they
- 11:58don't have to do anything. So it is a perfect analogy to
- 12:01bring up crypto. There's over 1000 crypto
- 12:05products, right? Or even more?
- 12:07And most of them go to 0. The only ones that haven't so
- 12:10far really are Bitcoin in Ethereum.
- 12:13And then you see Richard Hart of HEX.
- 12:16He's always turned in on Twitter.
- 12:18He'll show up every now and then buying Gucci Rolex watches in
- 12:25these bizarre track suits and founting as well.
- 12:29Like he's some rapper with gold chains.
- 12:32And it's really gaudy, tacky, materialistic.
- 12:35And the optics are stupid. And he's almost saying, see, I
- 12:39ripped you off. Now come find me in Dubai
- 12:41hiding, right. You know, so we're seeing that
- 12:44again. The other irony I've seen is
- 12:46with a lot of the gold and silver celebrities, I'm not
- 12:49dropping names that I grew up, you know, admiring because they
- 12:53were smart people and they did some great research in terms of
- 12:57looking at. You know, trends on gold and
- 13:00silver and technical analysis and historical moving averages
- 13:05and Elliott Waves and Fibonacci patterns and lines of resistance
- 13:10and all these sorts of technical things as well as.
- 13:15How silver does relative to the Dixie and I.
- 13:18Then I go and find out that a lot of these people also have
- 13:21launched their own weird side projects that aren't physical
- 13:26gold, but sort of representations of gold.
- 13:28Almost like paper in a way. And it's funny because all they
- 13:32have spent their whole career bashing on Jamie Dimon, bashing
- 13:36on Jerome Powell, Janet Yellen, Christine Lagarde, any president
- 13:41they can find or Congress member.
- 13:43Yet if you say one thing about one of these celebrities, you
- 13:47know, it's like hands off me, you know, so it's kind of like,
- 13:51you know, well. If you're in a glass house, you
- 13:54may not want to be throwing those stones around so
- 13:57frequently. Or put away your slingshot.
- 13:59Yeah, your little whippersnapper anyway.
- 14:04But yeah, it just gets me thinking like we're already
- 14:06fighting an uphill battle in this industry.
- 14:10We need, we need help, right? We don't need you to steep in
- 14:13the hill for us. And when you have like, what was
- 14:15the most pure grassroots movement within within the
- 14:21silver sector, I was there. I was there at the Silver
- 14:24Squeeze, right. I was there, you know, pretty
- 14:28early as a member of Wall Street Silver.
- 14:30It felt good. It was pure.
- 14:33When you have even something like that, I was able to get
- 14:36corrupted, right. Let's just say there was some
- 14:40corruption, scandal and controversy.
- 14:43But now? But now there's a new day.
- 14:46And I won't say maybe new day is a bad way to say it.
- 14:48There's been a reclamation by some of the Is that an accurate
- 14:52way to say it by some of the original?
- 14:54Yeah, some of the the OG moderators we could say stand
- 14:59for old guy, is that right? Original Original.
- 15:02OK, yeah, that's funny. No, these guys are the opposite
- 15:05of I'm an OG, I'm an old guy. Yeah, I'm you know, if half
- 15:09these people found out I was a boomer, they would stop reading
- 15:12the pickaxe. For good reason.
- 15:15Because you know we anyway. Yeah.
- 15:18So Silver Diegen Club. You know you've had Conrad and
- 15:23Media and illuminated Avon and they are.
- 15:27And there's a bunch of them that are just genius like Meme
- 15:29Sergeant Spliff and chief banana JAMA.
- 15:33That I mean, I can't. I don't want to name all the
- 15:36names because it I'll forget a few and then.
- 15:39Bad on me, but content over there is sort of going to be
- 15:42like this where if you want edgy memes that are think of like Mad
- 15:48magazine before it's time it kind of offended some people
- 15:51because it was maybe or even political cartoons at the turn
- 15:54of the century could offend people.
- 15:57We don't. You know how certain art forms
- 15:59Andy Warhol may have offended someone, We don't know David
- 16:03Bowie. You're right, we can go on and
- 16:04on so. I'd say the edgy stuff will be
- 16:09on the Silver Degen Club channel and then Wall Street Silver will
- 16:14just be only silver stacking pictures.
- 16:18Let's get away from the politics, get away from the hate
- 16:21speech, get away from anything that isn't, you know, just want
- 16:26to keep it really traditional. And I hate to use the word clean
- 16:30because that infers that silver legions are not.
- 16:33They're right. What they're trying to do is
- 16:35move the needle. And sometimes when you have a
- 16:39real serious topic like silver, you're talking about systemic
- 16:42risk, geopolitical risk, the dollar losing, purchasing power.
- 16:47It's very sad news. So they try to do so with the
- 16:50with some humor, irreverence, and cynicism as a way to.
- 16:56The attention of a young stacker, because if this just
- 16:59stays with the boomers, what's going to happen when they go and
- 17:04the new generation isn't aware of of silver and gold, they're
- 17:08just going to get into equity trades and and crypto.
- 17:11So this they do have a mission of sort of that's why a lot of
- 17:15their means look like video games and stuff like that.
- 17:18They're trying. It's a it is a very well
- 17:21executed plan. But you had a question, Wall
- 17:27Street Silver. Let's say someone was involved
- 17:32with the group, involved with the original movement.
- 17:34They've been disheartened. What would your message be to
- 17:37them? Can they expect transparency?
- 17:40That you won't see ads on Wall Street Silver, for example.
- 17:44There won't be. If they are, they're going to be
- 17:47sponsors that aren't tied to, you know, they're going to be
- 17:51sort of more. I hate to say the little guys,
- 17:55but I would stay more like boutique industries.
- 17:58You know, there's some people out there that are just melting
- 18:01their own, doing ham pours, doing things like that.
- 18:04So it's not, it's more or less going to be like an I hate to
- 18:09use the word grassroots now because that even has a stain on
- 18:12it. Let's just say that the
- 18:13community will remain true. It won't be a pump and dump
- 18:18scheme, you know, commercialized.
- 18:22Yeah, I would say that it's been demonetized that you know, and
- 18:28let's that way people don't feel like they're just ponds if if
- 18:33every day you got up and you were selling, you know, a
- 18:36deodorant, a Cologne. Some sort of new sheets for the
- 18:41your bedding and all of a sudden Ron's basement turns into Ron's
- 18:45garage sale of you know like a QV C channel.
- 18:49I think you're pretty soon you would start seeing some comments
- 18:52in the field like hey Ron, quit shilling the, you know, Ron's
- 18:56windows. These are double pane windows
- 18:59with low glazing. Your house feels warmer in the
- 19:03winter and cooler in the summer with Ron's windows.
- 19:06OK, back to our program. You know you're not doing that.
- 19:09It would get a little bit annoying, right?
- 19:12Well, you know, I don't have a problem with sponsorships or
- 19:16even you know, affiliate programs that are if.
- 19:22You vet them, yeah, if you vet them and they don't.
- 19:24You know what? You know what the big key is to
- 19:27me? Do you eat your own cooking,
- 19:29right? Like, I had a sponsor and I'll
- 19:32have them again here toward the end of the year.
- 19:35A mining company that I'd actually made videos about for
- 19:39years before they sponsored me? Okay.
- 19:42And I've owned the stock, right? I've owned the stock and what is
- 19:45to me, a significant portion of my net worth is invested in that
- 19:50company. So do I feel okay talking about
- 19:53that company? Absolutely.
- 19:55Do I tell people that I don't have a crystal ball?
- 19:58And had I had, I, I would have told you a year ago that I
- 20:01thought it was a smart investment and you would have
- 20:03lost 40% like all mining stocks. Absolutely.
- 20:07Right. Full transparency, you know.
- 20:11So, you know, I think that that there's nothing wrong with
- 20:14people in this business trying to.
- 20:18You know, sponsor things and make money.
- 20:20But but you know, like you said, have you vetted them?
- 20:23Is it something that you have put your own money into?
- 20:27Would you put your own money into or are you just, you know,
- 20:32selling yourself out for anything that comes along?
- 20:34And I think that that there's that there's a fine line there
- 20:37to a certain extent. And I understand because I get
- 20:39calls all the time. Hey Ron, we'll we'll pay you,
- 20:43you know, three $4000 to make a video about this company.
- 20:48And then I look into the company, I'm like, well, I
- 20:49wouldn't buy that stock in a million years.
- 20:51So I'm not going to promote it to my audience, right.
- 20:55But it's hard to turn that down because to me, 3 or $4000 right
- 20:59now is a pretty good amount of money, you know?
- 21:01Yeah, it is for anyone. And right there is a let's say
- 21:05that's always tempting. I'm a Ghostwriter for some
- 21:09subscription services and. They do pitch you very
- 21:14aggressively, you know, but there's things you got to look
- 21:16at. You want to see how much cash do
- 21:19they have on hand? You want to see how much of that
- 21:22do they burn through in a month. That's called their burn.
- 21:27That way they're not just raising money than diluting the
- 21:30shares. Then you know the other due
- 21:34diligence is do are they in a good jurisdiction, let's just
- 21:37say we're talking you know, right.
- 21:39You know recently Mexico banned open pit mining, but that's
- 21:43that's pretty risky right. Whereas there's some I wrote
- 21:49about a silver company that had some good or grade in Nevada and
- 21:53New Mexico and so those are safer jurisdiction wise then you
- 21:58want to look at their management team, have they?
- 22:01Been able to because only one in 2000 mines ever make it to the
- 22:05market. So you want to make sure that
- 22:08even with this discovery do they have the management team and
- 22:13business savvy to to bring it to market?
- 22:15And lastly, is their geologist worth his?
- 22:19Well, I mean you got to have a great geological team.
- 22:22So there's so many things these penny stocks in general do not
- 22:26have that They just have, you know.
- 22:29You got to be real careful. Yeah.
- 22:31Yeah, so. What's That's Ron, I think what
- 22:34you're saying when you said, would you invest in it or will
- 22:36you eat your own cooking is what I like to say.
- 22:39Do you have skin in the game, right?
- 22:41Is that sure? Yeah, exactly.
- 22:44That's a great you know we got we got way off we got way off
- 22:47subject because we're we're here to announce the new day at Wall
- 22:50Street's over but I want to interject what the heck where
- 22:52I'm going to go further off subject on you.
- 22:55The other thing that I see a lot of people make a mistake with is
- 22:59inside ownership. They'll be a tiny gold mining
- 23:03company and they'll say, oh this wealthy individual owns 20% of
- 23:09the company or or the CEO owns you know 15% of the stock, which
- 23:16is not bad. Okay.
- 23:17I'm not saying that's bad, but I think we're people make a big
- 23:20mistake is what's more important to me is how much of the CE O's
- 23:25personal net worth is invested in the company.
- 23:29Because you can have a CEO who owns 25% of the company's stock
- 23:34and that might equal $5,000,000. Now that's $5,000,000 is a lot
- 23:38of money, but if the guy's worth $800 million, that's a big
- 23:43difference between a CEO that has $1,000,000 in the company,
- 23:48right? A lot less, but he's only worth
- 23:501.5 million right? He's got 2/3 of his personal net
- 23:54worth in the company. I personally would rather be
- 23:57with the guy who only has a million in but it equals 2/3 of
- 24:00his of his net worth. Anyway I.
- 24:03Got that's actually that's relevant because I think we're
- 24:06allowed. I think I know you're alluding
- 24:08to there's a billionaire in Canada it sounds like, and he
- 24:13has, he owns every silver and gold company, a little bit of it
- 24:17and they all say. We've got him to invest and they
- 24:19all drop the name like well he's in then I should get in too And
- 24:24it's just so I got you let's get back to Wall Street Silver I
- 24:29really like the way you think the Ron you you said that this
- 24:34is just an anecdotal situation that happened to be a very
- 24:38popular movement and touched all of our daily routines and social
- 24:42media experiences. But if we can weave a take a
- 24:46bigger lesson out of it like. Why are we cannibalizing each
- 24:50other? You know, why is the infighting?
- 24:52It could lead to undermining the very thing we believe in, which
- 24:56is honest money. And then why are we tolerating
- 25:00dishonesty? So I to me, those seem like
- 25:03incongruent themes fighting each other.
- 25:07So philosophically, we have to just sort of transcend above
- 25:11that and say, let's warn each other or let's do our due
- 25:14diligence. Before we just are gullible
- 25:18folks and I think your people are savvy and they, you know the
- 25:22whole idea. If you don't hold it, you don't
- 25:25own it. And it's that's sort of a good
- 25:27basic rule of thumb. Yeah.
- 25:29Well, I think the issue is we have an industry that likes to
- 25:34run around saying look at what the feds doing.
- 25:37They're, you know, they're they're, they're good.
- 25:39Look at what the government's doing.
- 25:40They're, you know, the the, the monetary and fiscal situation is
- 25:44horrible and you need to have pure, honest money.
- 25:47But then when you peel the covers back, not everybody, not
- 25:52everybody, but this, this beacon of, you know, that's supposed to
- 25:57be the the safe and the honest place to go.
- 26:00There's some, you know, at times monkey business from some of the
- 26:04actors going on within that sector and it could just, it
- 26:07could really easily undermine the whole movement.
- 26:11It's like, hey guys, enough is enough.
- 26:13Right. And nobody's perfect.
- 26:15And and and there's there's some Gray areas and nuances that are
- 26:19involved in this situation. But I mean, you know, if you're
- 26:22going to, if you're going to preach one thing, well then you
- 26:25need to practice it yourself. You know, it reminds me of this.
- 26:31I recently moved to Pittsburgh that grew up in the Southwest
- 26:34and there was a school in Albuquerque, NM called Highland
- 26:37High. And as it turns out, they were,
- 26:40they had started importing a lot of the athletes for their
- 26:44basketball team and and football team and these kids were like 2
- 26:48years older than all the other kids.
- 26:51You know, they've never gone to middle school anywhere.
- 26:54They were just sort of. Plucked from different urban
- 26:57situations and they dominated, you know, So if you're cheating
- 27:01to win a high school basketball championship or if you, it'd be
- 27:06like, you know, shooting a bunch of kids on Little League with
- 27:09steroids just so they can throw the ball 90 mph.
- 27:13You got when when are you going to?
- 27:14What can you do that's not corrupt?
- 27:18I mean, can we just have some degree of values and morals?
- 27:24Without sounding sanctimonious, I mean and what you alluded to
- 27:27was is just pure hypocrisy. If you're always pointing the
- 27:30finger at Jamie Dimon but then you have in your own little
- 27:34cabal and syndicate and do the exact same thing, then that's
- 27:38hypocritic. You know that kind of behavior
- 27:41is just what's discovered. It's almost like when you when
- 27:45some of these Tele evangelists. Went down and inglorious, you
- 27:49know, right? Always asking for money.
- 27:52Then you see that they got these gigantic mansions and then they
- 27:55have like 5 girlfriends on the side.
- 27:58You know, it's like, come on anyway.
- 28:01Yeah, well, you know, or, you know, I was trying.
- 28:03I was thinking like, you know, like the high school
- 28:05valedictorian who's the head of the student council and then,
- 28:09you know, two weeks before graduation, you also find out
- 28:13that she's the biggest pot dealer at the high school.
- 28:17I guess pot's not that big of a deal anymore, but, you know,
- 28:20it's and it's not. Again, it's not everybody.
- 28:22It's not everywhere. But gosh darn it, if we're going
- 28:25to preach this is pure money, you know, however you want to
- 28:29say it, this is the real, this is honest money, right?
- 28:32Well then be honest about it. And the real simple you know, I
- 28:38have to shout out to Steven Saint Angelo if he's just.
- 28:42He's always been very, very weary of anything.
- 28:45He's techn. He's very modest.
- 28:48He charges, you know, very little for his service.
- 28:51It's just fantastic. And he just, he's always been
- 28:55warning people along the way about some of these sorts just
- 28:59to to protect the integrity. It's almost like in golf.
- 29:04You don't allow your part. You can't say to your partner.
- 29:07He's 10 feet away from the Cup going, oh, you don't have to
- 29:10putt that, that, that putt's good.
- 29:12It's like, it's not fair to the 70 other people that are on the
- 29:15golf course at the time playing in the same tournament.
- 29:18You got to protect the field that it's that simple.
- 29:22And I think and I think the big warning is that if Wall Street
- 29:26silver could have evolved into a situation where there was such
- 29:33scandal and controversy right that and and and really they are
- 29:39the they were I mean they were a pure member driven movement.
- 29:45If Wall Street silver could have moved into that arena.
- 29:50You know, you know that's like to me that's like like you said
- 29:54like the televangelist or what you know or or the OR the high
- 29:57school valedictorian. You know, experiencing some big
- 30:00kind like we need to be careful and you know I'm I'm excited
- 30:04that there's new leadership there.
- 30:07I'm looking forward to a new era there and and and transparency
- 30:12and in accountability. If you see anything that starts
- 30:16to look a little like they're in Dancing in the Gray zone, post
- 30:21about it. The first warning signal with
- 30:23the with the bad Guys was when people did question it.
- 30:27Then all of a sudden they were banned, they were disappeared.
- 30:31Yeah, they were censored. Or they were blocked.
- 30:34So that would be the first. That's when we knew things were
- 30:37trouble for Jimbo and Ivan is when we started seeing that they
- 30:41were censoring those. Always the 1st just like we've
- 30:46seen recently with you know we'll talk about big tech or
- 30:50whatever, what other questions did we that's it.
- 30:54Thank you on. Behalf of everyone watching,
- 30:56you've got, you know, a keen level of insight and always
- 31:01enjoy talking to you John. I appreciate it and hopefully
- 31:04we'll see you again real soon. Yeah.
- 31:07Great to be with you, Ron. Thank you.