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🔥ALERT! - That GOLD CURSE Falls - (Silver Price Too) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  Major news in the precious metals market.
• 0:04
  This has not happened for seven years, and it's a good, good
• 0:08
  thing when we look at the price of gold and the price of silver.
• 0:13
  Silver on the $30 per oz launchpad.
• 0:17
  Silver hitting $44.00 before the end of the year.
• 0:21
  We're going to cover it all in this video because maybe you're
• 0:24
  a little scared. Are you feeling a little
• 0:26
  trepidation surrounding the precious metals prices?
• 0:29
  Do you feel like they may pull the rug yet again that we could
• 0:33
  have a down draft in the prices that none of us want?
• 0:36
  I'm here to tell you I've got a lot of reasons why we can be
• 0:40
  very optimistic. It's OK for us to be optimistic
• 0:45
  about the silver price and gold price.
• 0:48
  And it's to me undeniable evidence that over the next
• 0:52
  months and years we will continue to see upward movement
• 0:57
  in the price of the metals. 7 years, seven years of September
• 1:03
  pain. I'm going to pull up a chart
• 1:04
  here and then we're going to talk about something major
• 1:08
  that's going to happen Monday, OK?
• 1:10
  That hasn't happened in seven years, and it's everything to do
• 1:14
  with the price of precious metals going higher.
• 1:17
  Before we do that, thank you for being here.
• 1:19
  It is a big deal when you join us.
• 1:22
  We're like a family. We're like a group.
• 1:24
  You're welcome here. You belong here.
• 1:26
  If you love to hear about gold, silver, the economy falling
• 1:30
  apart and some happy good things as well, you're in the right
• 1:33
  place. You're part of the group.
• 1:34
  Please subscribe to the channel, give the video a thumbs up.
• 1:37
  Super chats and super thanks are always super appreciated as
• 1:42
  well. So at the beginning of
• 1:44
  September, I shared with you these charts that I actually got
• 1:48
  from Rodger over at Bald Guy Money.
• 1:51
  Great friend, great friend of the channel.
• 1:53
  September guys, we are in the cursed month.
• 1:57
  September is gold's worst month. This is average change over the
• 2:02
  last seven years for each month. As you can see February, my
• 2:07
  birthday month in June, maybe your birthday month.
• 2:11
  If you want to tell us what month you're born and put it in
• 2:13
  the chat, that's great are negative.
• 2:15
  But September over the last seven years took the poop crown
• 2:20
  right. On average, it looks like over
• 2:23
  the last seven years in the month of September, gold had
• 2:26
  dropped by almost 4%. And when we go to the next
• 2:30
  slide, this shows over the last 123-4567 years, each year
• 2:36
  starting at 2017 on the lower left corner ending in 2023.
• 2:42
  Just how much in each of those years during the month of
• 2:47
  September, the gold price had dropped 2%, four percent, 5%
• 2:53
  last year. But what is happening right now?
• 2:56
  Who better for us basement dwellers to consult than our old
• 3:00
  friend Neil's over at Kitco? He's got some very interesting
• 3:04
  information and and why is this such a huge?
• 3:09
  Let me get back to you. Why is this such a huge, massive
• 3:14
  deal? That gold is likely, very
• 3:17
  likely, unless it goes down by like $200.00 an ounce on Monday,
• 3:21
  going to break the seven-year curse.
• 3:24
  Let's see what Niels has to say, and then I'll share with you
• 3:27
  what I think the big key. Take away the reason why we want
• 3:31
  to pay attention to this. This is from Kitco Has Gold
• 3:36
  Broken its September curse? By Niels Christensen.
• 3:40
  Niels puts out some of the best literary material in the gold
• 3:45
  and silver world. Thank you.
• 3:46
  Niels, there's a picture. Is that you?
• 3:48
  Is that a picture from your basement?
• 3:50
  Basement dwellers, look at all that gold and silver you have.
• 3:56
  OK. At the start of the month, we
• 3:58
  warned investors that September can be a difficult month for
• 4:01
  precious metals. What we did here in the basement
• 4:04
  as well in recent history, well, I think it's safe to say at
• 4:09
  least for this year, the seasonal curse has been broken.
• 4:13
  OK? Just this week, December gold
• 4:16
  futures went above $2700 per oz. Okay.
• 4:22
  And the price dropped about 1% on Friday.
• 4:25
  It still has plenty of potential even with Friday sell off the
• 4:28
  metal seen a record weekly close.
• 4:32
  Now these are this a big deal guys, these weekly closes and
• 4:37
  the monthly closes are that that's like where the where gold
• 4:41
  and silver close at the end of the week and the end of the
• 4:43
  month that that determines how a lot of these traders play the
• 4:47
  metals. And we closed with a record
• 4:50
  weekly close in gold. OK, and we're going to have our
• 4:55
  monthly close on Monday. At the same time, the price of
• 5:00
  gold is up 5.6% this month. OK, Gold is looking at its best
• 5:07
  monthly gain since March. And remember, gold is the
• 5:10
  godfather. Gold is the leader of the pack.
• 5:13
  Silver will continue to follow and will continue to follow in a
• 5:17
  very exaggerated manner. When this unprecedented run of
• 5:22
  consecutive highs started, this is where it gets interesting.
• 5:26
  Silver Stackers Gold's run is impressive, and while it gets a
• 5:30
  lot of attention, it's time to look at other precious metals.
• 5:35
  While silver has seen some messy, excuse me volatility in
• 5:42
  recent weeks, it is starting to attract new momentum.
• 5:47
  OK, silver is ending Friday with some solid selling pressure
• 5:52
  after prices rallied to new 1212 year high at 33 an ounce, 12
• 5:58
  year high. December silver futures last
• 6:00
  traded at 3174 an ounce, down nearly 2% on the day.
• 6:05
  But when we stretch out the time frame, silver prices are up 4.6%
• 6:11
  last week and 8.8% for the month.
• 6:16
  OK, for the year, gold's rallied almost 30% while silver prices
• 6:20
  are up nearly 32%. And don't forget, the gold to
• 6:24
  silver ratio guys is still stretched right like it's almost
• 6:29
  never been before. When that catches up, when we
• 6:32
  get to a 60 gold to silver ratio, meaning instead of it
• 6:37
  taking 85 ounces of silver to get yourself one ounce of gold,
• 6:43
  it'll only take 60 oz. And at the current level that
• 6:47
  we're at right now, let's see, let's do some quick math because
• 6:52
  this, if we divide 2650 / 60 again, that gets us to our
• 6:58
  Christmas target of $44.00 per oz in silver.
• 7:03
  China launched their big stimulus that was the big
• 7:06
  driving force this week. We're going to talk a little bit
• 7:09
  more about China later. Unbelievable news out of China
• 7:13
  according to the Silver Institute.
• 7:15
  Silver demand. This blew me away.
• 7:18
  In photovatallic solar panels is projected to represent about 19%
• 7:24
  of global silver demand this year, the equivalent of 232
• 7:29
  million oz 19%. One in five of every ounce of
• 7:37
  demand for silver is going to be for solar only solar panels one
• 7:42
  out of five. But what makes it even more
• 7:46
  interesting is when we recognize the reality that that one out of
• 7:50
  five is not. That's not one out of five of
• 7:53
  the silver oz that are being produced every year because we
• 7:57
  have a massive deficit, guys, a massive deficit in silver.
• 8:04
  So that one out of five comes out of that total silver demand
• 8:07
  number. It's probably like one out of
• 8:10
  four easily actually. OK, one out of four ounces of
• 8:16
  silver that are being produced this year by the mining
• 8:20
  companies are going to be sucked up by the solar panel industry
• 8:25
  as well. And wait till later because now
• 8:27
  we have breaking news out of Australia about the world's
• 8:32
  newest biggest solar farm. And guess where they're going to
• 8:36
  get their solar panels? I'll let you think about that
• 8:38
  for a little bit. But guys, it's a big deal.
• 8:41
  This is a big the, the big reason why the seven-year curse
• 8:44
  is a big deal. It shows us in more uncertain
• 8:48
  terms just how strong the precious metals rally is 7 years
• 8:53
  straight and September has always been a horrible month for
• 8:58
  gold and silver precious metals. The fact that this year we're
• 9:02
  not just night like making little returns, we're talking
• 9:05
  like what 6% again? Unless they hey, look, we're
• 9:10
  here. Hold on, Let's let's, let's do
• 9:12
  it's almost October. It's time to get scary.
• 9:15
  Let's see how much the gold price would have to drop on
• 9:21
  Monday. OK.
• 9:23
  So unless gold drops by $160.00 per oz on Monday, silver
• 9:28
  probably dropped by $5, we're going to have a positive month
• 9:33
  for September. We haven't had a positive month
• 9:36
  in seven years. All.
• 9:38
  Do you feel, do you feel right, basement dwellers, do you feel
• 9:43
  the momentum? Is it time, right?
• 9:50
  Is it time to make some feathers fly?
• 9:53
  Is it time to put some boots on the warehouse floor?
• 10:00
  Is it go time? Let's go.
• 10:03
  You know we're ready. It can happen $44.00 silver by
• 10:08
  Christmas. Oh my gosh, I'm you're making me
• 10:12
  move my camera. But just so you all can see, see
• 10:17
  the Christmas tree back there and see the $44.00 silver.
• 10:22
  That's pretty much I guarantee that it's going to happen hold
• 10:28
  on here I got to straighten my camera out all right there we go
• 10:33
  thank you guys it's going to happen we are waiting Oh my
• 10:39
  we've it's unbelievable let's go look at the silver chart really
• 10:44
  quickly, because this will make you happy happy.
• 10:48
  This is a 5 year chart of the silver price and what do you
• 10:53
  see, huh? Here, let's get the Crayolas
• 10:56
  out. Get your Crayolas out with me.
• 10:58
  You can draw with me here. Five years starting back in
• 11:03
  what, about 3 years ago, July, August, right?
• 11:07
  You see the upward trend? Yes, you see it.
• 11:10
  OK, now let's go out to the Max because this is where it gets
• 11:16
  super interesting. This is the silver, $30 is the
• 11:21
  Launchpad, $30 is critical. OK, This goes all the way back
• 11:26
  to 2001. Let's not forget.
• 11:29
  Let's pull out our Crayolas here.
• 11:31
  OK, We are in quickly, I'll show you.
• 11:34
  This is half of the cup back here.
• 11:37
  It starts. We got this massive cup, OK?
• 11:41
  And then over here is our handle.
• 11:47
  That's where we're heading now. I want to point out to you as
• 11:53
  well, this is the handle within the handle.
• 11:56
  To me, it becomes very clear when we look at this chart that
• 11:59
  we have this inverse head and shoulders, right?
• 12:03
  We got to the shoulder, we got the head, we got the shoulder,
• 12:08
  and we have broken out of that. We need to stay above $30 per
• 12:14
  oz. We want to get to 44 by
• 12:17
  Christmas. We absolutely and I absolutely
• 12:21
  believe that we will. I guys look, $30 is the new line
• 12:26
  in the sand for the silver price.
• 12:29
  I don't believe that we will ever see a silver price starting
• 12:34
  with the number 2 until we get to $200 silver.
• 12:39
  I could definitely be wrong, but man, I feel it right.
• 12:44
  And I we talked about this four or five weeks ago.
• 12:47
  Once we get above 30, to me, 30 became essentially for all
• 12:53
  intents and purposes, the new all time high for silver.
• 12:56
  Because if we look at how much time over the last lifetime of
• 13:02
  silver from the beginning of time, the silver price is
• 13:06
  barely, barely spent any time above $30.
• 13:11
  We are in new territory. We so critical for us to
• 13:17
  remember as silver investors, you there are no people out
• 13:21
  there, nobody maybe one or two in the whole wide world sitting
• 13:26
  there with silver that they bought for 3839 when the price
• 13:30
  was 3839 dollars, $42.34, whatever that want to sell, OK?
• 13:36
  There will only be buyers and everywhere we look we have
• 13:40
  indications that that's what's going on.
• 13:43
  You know the what what's going to happen in the United States,
• 13:46
  OK, We are in a doom situation. Unfortunately, our government,
• 13:52
  our Federal Reserve will have no choice but to print money to
• 13:58
  dilute, to weaken the value of the US dollar.
• 14:02
  This is going to happen. It's happening right now,
• 14:05
  Buttercup. Hate to break it, right?
• 14:11
  And I'm not breaking it to you, but those other 99% that sheeple
• 14:15
  that are out there, they have no idea.
• 14:18
  They're like, why does bread cost more?
• 14:20
  Why does milk? Why don't you look at the US
• 14:23
  debt clock, Eisenhower, right? It's going to happen.
• 14:27
  We are going to have printing of the money.
• 14:29
  Let's see, let's this, let's see what Moody's has to say about
• 14:34
  the United States. OK, Now Moody's is the only US
• 14:41
  rating agency that has not downgraded the United States and
• 14:45
  we get this late from Reuters US fiscal profile.
• 14:49
  That means the the government spending fiscal set to weekend
• 14:56
  under the next administration. Moody's says Moody's is sending
• 15:00
  a big alarm and and they've got some scary things to say.
• 15:04
  The US fiscal health is expected to deteriorate further as
• 15:08
  political polarization makes it hard for any new presidential
• 15:12
  administration to negotiate steps needed to reduce the
• 15:16
  national debt burden. According to the ratings agency
• 15:19
  Moody's, the US sovereign fiscal profile is likely to weaken
• 15:24
  under either of the candidates in the November 5th presidential
• 15:29
  election. Democrat.
• 15:30
  Wait till you hear what Kamala has planned and that will really
• 15:35
  get crazy. You gold will skyrocket if
• 15:38
  Kamala wins. That may be the silver lining.
• 15:41
  Not a political channel, just stating the facts And Republican
• 15:45
  Donald Trump, the agency said in a report issued on Tuesday.
• 15:50
  They said, quote, the incoming administration will face
• 15:53
  deteriorating US fiscal outlook as declining debt affordability
• 16:00
  will gradually weaken US fiscal strength, the report stated.
• 16:04
  In the absence of policy measures that can curb these
• 16:07
  trends and help limit fiscal deficits, deteriorating fiscal
• 16:11
  strength will increasingly weigh on the US sovereign credit
• 16:16
  profile. That means nobody's going to
• 16:19
  want our debts. Wait till you see the next
• 16:23
  graphic that I'm going to pull up for you.
• 16:25
  Moody's lowered the outlook on triple AUS credit rating to
• 16:29
  negative from stable in November.
• 16:33
  And this these were and now there's now they're telling us
• 16:35
  this. That came months after a
• 16:37
  downgrade in the sovereign credit profile by Fitch
• 16:42
  following political brinkmanship around the US debt ceiling.
• 16:46
  Moody's remains the last of the three major credit ratings
• 16:51
  agencies to maintain a top rating for the US government.
• 16:54
  OK, Fitch, both Fitch, the other two are Fitch and S&P have
• 16:58
  downgraded the US debt. Guys, this means one thing and
• 17:04
  one thing only. Moody's is like, like the last
• 17:07
  man standing that has a good rating on the US debt.
• 17:11
  They're the last one standing and they're telling us, what did
• 17:15
  they just tell us that no matter who gets elected president, it
• 17:19
  doesn't matter. We're going to downgrade the US
• 17:21
  debt. And why?
• 17:23
  OK, why? Let's take a look.
• 17:27
  And we're going to be here just for a second, right?
• 17:29
  Because of this 35 trillion debt, which makes this the
• 17:33
  interest expense get bigger, which makes this the US federal
• 17:38
  budget deficit get bigger. It's a it's a cycle never
• 17:42
  ending. Now, now guys, I went out of my
• 17:47
  way this morning for the basement dwellers.
• 17:49
  This, this is so important for us to remember, for us to
• 17:53
  understand that I have a new graphic that I want to share
• 17:56
  with you that just I think demonstrates and a new term to
• 18:01
  describe it, the absolute critical nature of what's going
• 18:06
  on. This is simplifies what we look
• 18:09
  at on the US debt clock in the upper left corner.
• 18:12
  National debt, 35 trillion, that green arrow that makes the
• 18:17
  interest expense get bigger. Current interest expense of the
• 18:21
  US government $1 trillion. Remember, Remember guys, we get
• 18:26
  nothing for that. Nothing.
• 18:29
  That's an interest expense, OK? That's like if you go rack up 10
• 18:33
  grand, $10,000 on your credit card and you don't pay it off
• 18:37
  and you're paying 25% interest over the course of 12 months,
• 18:41
  that would be $2500 in interest expense that you've been charged
• 18:46
  and you're getting nothing for it, OK?
• 18:49
  So as the debt grows, the interest expense grows.
• 18:53
  The other critical thing to remember is that interest rates
• 18:56
  are only going higher in nominal terms.
• 19:01
  Forget what the Fed these are. This is short term noise. the
• 19:04
  Fed unfortunately has lost control.
• 19:07
  Countries are going to demand higher interest rates if they
• 19:13
  if, if, if we want them to buy our debt.
• 19:15
  So this interest expense expense is not going anywhere.
• 19:19
  But the interest expense then the green arrow follows goes
• 19:24
  into the deficit. It makes the deficit get bigger.
• 19:27
  The fiscal situation that Moody's just talked about, the
• 19:31
  horrible situation our government is in, OK, that makes
• 19:36
  that the the the deficit get bigger and then the deficit
• 19:40
  follow the next green arrow, right?
• 19:42
  That makes the debt get even bigger and bigger, which makes
• 19:47
  the interest expense get bigger and bigger, especially when
• 19:51
  countries become less and less interested in owning our debt in
• 19:55
  that in turn, it is a debt spiral.
• 19:58
  Do you see the spiral there? OK, in a new term that I just
• 20:02
  heard this morning is a debt Whirlpool.
• 20:05
  That is where we sit right now in the United States.
• 20:09
  So as this is critical, this is critical information.
• 20:16
  So as our debt becomes less attractive to to investors,
• 20:22
  who's going to want to buy this stuff?
• 20:24
  They're already selling it. I got a little hint for you.
• 20:26
  OK, The Chinese, everybody's, nobody's buying U.S. debt like
• 20:30
  they had in the past. And it will become more and
• 20:32
  more. I'm sorry to have to break, you
• 20:34
  know, talk about this. It's very sad, right?
• 20:37
  You love your country. I love my country.
• 20:38
  But our debt will become less and less attractive, so the
• 20:42
  interest rates will have to go higher and higher, which will
• 20:46
  just it, it, it becomes a Whirlpool, not a washing
• 20:51
  machine. Buttercup.
• 20:52
  No basement dweller. I'm using buttercup too often.
• 20:56
  A Whirlpool, a debt Whirlpool, a debt doom cycle.
• 21:00
  And that's a debt. So at some point, right as
• 21:03
  interest rates go up and up and countries are like, I'm not
• 21:06
  buying AUS Treasury bond unless it pays 8% or 12% or 19%,
• 21:13
  they're not at that point. Then you know what's going to
• 21:16
  happen. The Fed is going to monetize the
• 21:20
  debt, which means the Fed will just print up imaginary money to
• 21:24
  buy the debt. And then it becomes debt spiral
• 21:29
  in in an unbelievable fashion. It's a Whirlpool of debt.
• 21:33
  It's coming. Now, what about the presidential
• 21:36
  election? That's the biggie, right?
• 21:38
  That's the biggie. That could really, really impact
• 21:42
  the silver and gold prices. And in particular, if we look at
• 21:45
  what one of the candidates is proposing, it's astounding.
• 21:49
  And we're hearing people who have never recommended to buy
• 21:55
  gold talk about the need to buy gold.
• 21:58
  And we have breaking news out of Costco.
• 22:01
  We got a lot more to cover. Thank you, guys.
• 22:03
  Hey, it's a big deal when you come down and join me in the
• 22:07
  basement. Thank you for being here.
• 22:09
  Thanks for for the support. Thank you for everything.
• 22:12
  Thank you to Pembex, our channel sponsor, for making our little
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  meeting our big meeting, our group, our pow wow, our family.
• 22:20
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  dealer where you can buy silver, gold, platinum, group metals,
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  but not just buy it, buy it at a great value.
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  Minbex has a great selection of all the name brand sovereign
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  coins. You name it, they have it all.
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  But what they also have are unbeatable prices, ultra
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  competitive prices, right? Maybe you can find you search
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  hours and hours on the Internet. Maybe you can find a price
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  that's a a few cents cheaper, whatever.
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  But but for me, what's important is I like going to a one stop
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  shop. I like the fact that I know I'm
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  getting ultra competitive pricing.
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  That's why I always feel so great telling you guys about
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  Pembacs because you know what I learned about Pembacs from the
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  basement dweller community. And if you ever you talk about
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• 23:26
  into precious metals, warning, warning, take your time, shop
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  around, talk to all your different options, OK?
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  Please, please talk to the guys at Pmbek's and compare what they
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  can do for you on an ounce by oz basis to some of these big,
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• 23:50
  All right, here we go. This is where it gets absolutely
• 23:53
  crazy with the upcoming presidential election.
• 23:57
  We're talking about the potential.
• 23:58
  We looked at what's going on with with with the debt
• 24:02
  situation in this country, with how the dollar that gold and
• 24:05
  silver can absolutely unfortunately or fortunately, I
• 24:11
  guess skyrocket based upon what's coming up with this
• 24:14
  election. Setting aside the political
• 24:17
  turmoil and chaos, if Kamala is elected, here's what she's
• 24:21
  proposing. OK, She's proposing raising
• 24:26
  personal income taxes, raising capital gains taxes, raising
• 24:32
  corporate taxes, taxing unrealized gains.
• 24:36
  That means if you have a big profit in a big position, OK,
• 24:40
  and price controls. Trump is proposing 100% tariff
• 24:45
  on countries that are de dollarizing everybody.
• 24:49
  And we just heard Moody's talk about this.
• 24:51
  Everybody's saying that no matter who really who wins this
• 24:54
  election, this is not a political channel.
• 24:57
  But in particular, OK. What Moody says is we're up a
• 25:01
  Creek without a paddle. That Whirlpool, what the
• 25:07
  smartest guys in the room are saying that if if Kamala is able
• 25:10
  to implement these these these ideas that she has, the things
• 25:16
  that she's putting forward that she wants to do, that we could
• 25:19
  see the stock market potentially absolutely crash that we could
• 25:26
  see the value of the dollar absolutely crash that that that
• 25:30
  the precious metals could just do unbelievably well under that
• 25:36
  situation. I hate to say it.
• 25:38
  I mean, and it's almost here, right?
• 25:40
  It's like a month away that no matter how this plays out, guys,
• 25:45
  it doesn't look, it looks very good.
• 25:47
  Let's be positive. It looks very optimistic for the
• 25:50
  silver price and gold price. That's just based on the policy.
• 25:54
  That's based on the math. OK, I'm going to ship out of a
• 25:58
  couple calculators to Washington, DC.
• 26:00
  What do you say right and say, hey guys, here's a calculator.
• 26:04
  You might want to use this while you're looking at what's going
• 26:06
  on in our country because no matter what happens, but we're
• 26:10
  in a scenario, right, where the US dollar and we're is going to
• 26:15
  go down in, in real terms. And the price of silver and gold
• 26:19
  will go up and up and up. Because nobody wants to address
• 26:24
  the elephant in the room, right, which is the national debt.
• 26:29
  OK, it doesn't work. We are going to be moving into
• 26:32
  Are you ready? We are going to be moving into
• 26:35
  an environment in the next 5 years where we are going to see
• 26:39
  the, I word inflation like most of us have never seen during our
• 26:44
  lifetime. We got a little taste, a little
• 26:47
  taste back in what was that 2022 when officially inflation went
• 26:52
  to 9%. We are going to see an inflation
• 26:56
  is going to drive the price of gold and silver higher like you
• 27:01
  had never experienced in your lifetime.
• 27:04
  It's going to it could it we very likely will see a replay of
• 27:09
  what happened in the 1970s. Because when people when the I
• 27:16
  can't do it sheeple right start to pay $6 for a gallon of
• 27:23
  gasoline when they start, when the when the gallon of milk that
• 27:27
  in 2024 cost them $3.40 suddenly cost $8.80, that's when they
• 27:35
  wake up. That's when we have a wave of
• 27:39
  people in the first little wave will be the lucky ones.
• 27:44
  Those are the ones who actually will be able.
• 27:46
  People are going to come running to the precious metals.
• 27:50
  OK, we're seeing it already. I think one of the biggest
• 27:53
  barometers of what's going on is what's going on with Costco.
• 27:57
  There's no doubt about it. Let's go take a look at what
• 28:00
  Costco had to say because they're giving us a very
• 28:05
  interesting insight into what is happening with the average
• 28:10
  American. And, and there's a hidden bonus
• 28:16
  within this as well. Costco still selling gold bars
• 28:22
  like hotcakes as prices surge. Costco, can you, could you
• 28:27
  believe three years ago if I'd sat on here and I didn't?
• 28:31
  I'm not going to claim I did. If I sat here and told you guys,
• 28:34
  right? If, if in 2021 we were talking
• 28:37
  down here in the basement and I said, hey, you know what?
• 28:40
  I bet in three years, in 2024, I bet Costco's even selling gold
• 28:46
  and silver. You would have said I was crazy.
• 28:49
  But they are selling gold and silver and they're not just
• 28:53
  selling some of it. No, they are putting boots on
• 28:57
  the warehouse floor. They're selling a lot of it.
• 29:00
  A lot, a lot of it. And think about, think about as
• 29:03
  we go through this, what that tells you about the average
• 29:10
  American. Interesting.
• 29:15
  We're up double digits in the most recent quarter, Costco CFO
• 29:21
  Gary Miller Chip told analyst on the earnings call Thursday.
• 29:25
  Whoa, whoa, whoa, whoa, whoa, wait, 2 critical things to talk
• 29:29
  about there. Number one, sales of gold were
• 29:32
  up double digits. Is that 18 percent, 38 percent,
• 29:38
  98 percent, 99%? All right, Those are double
• 29:42
  digit numbers in the just the last three months.
• 29:48
  OK. But think about this.
• 29:50
  These big Costco's a big, huge company, massive, right?
• 29:53
  Massive company, provides all kinds of things to middle
• 29:56
  America. But this was during their
• 30:00
  earnings call where like every stock analyst in the world,
• 30:05
  hundreds of them are listening to it.
• 30:07
  And what are they hearing? They're hearing about, excuse
• 30:12
  me, gold, silver, they're hearing about precious metals,
• 30:19
  all these analysts, everybody's starting to wake up.
• 30:23
  OK, Miller Chip went on to add that gold was a quote UN quote
• 30:29
  meaningful tailwind to e-commerce sales in the quarter
• 30:35
  or something else on here. Nope.
• 30:39
  I guess that's it. It's the whole, it's the old
• 30:43
  Costco gold story, a big, big, big, big deal.
• 30:47
  Now, my thought on that is these are average Americans.
• 30:54
  These are your neighbors. OK.
• 30:56
  These are middle and upper middle class.
• 31:00
  I, I don't want to sound like, like I live in an upper middle,
• 31:03
  upper middle class part of Saint Louis, Chesterfield.
• 31:06
  I live in Chesterfield. We live in the, the less
• 31:10
  affluent part of Chesterfield, probably the more middle class
• 31:13
  anyway. My neighbors, they're mostly
• 31:15
  professionals. They're pharmacists, they're,
• 31:18
  you know, business owners, they're managers at Fortune 500
• 31:23
  companies, that type of thing. They all go to Costco.
• 31:27
  They all, they don't go to Sam's, They go to Costco.
• 31:29
  Seems like it's like kind of the like a like they think it's a
• 31:32
  notch above Sam's. We go to Sam's anyway.
• 31:34
  And I love Sam's and I've never been in a Costco.
• 31:37
  My kids have I've never been. But what I'm saying is these are
• 31:40
  middle, upper middle class Americans that are waking up to
• 31:43
  the gold and silver story. Now.
• 31:45
  What? What what me personally, I've
• 31:47
  never bought gold from Costco, never bought silver from Costco.
• 31:50
  Nothing against anybody who has. OK.
• 31:53
  I would rather buy it from a specialist.
• 31:55
  I remember when Costco was selling American Silver Eagles
• 31:59
  there were some complaints about like how it was packaged and
• 32:02
  whatnot. I would buy my physical metal
• 32:05
  either from a local coin shop or from a company like PMBEX, a
• 32:10
  company that specializes not in selling, you know?
• 32:13
  Hey like the article said right? A Costco selling gold like
• 32:17
  hotcakes? Costco's really good at selling
• 32:20
  bulk boxes of pancake mix and chocolate candy bars, but I
• 32:24
  wonder how good they are at selling gold bars.
• 32:27
  Apparently they're getting better, but still, I'd rather
• 32:30
  buy my chocolate bars from Costco and my gold and silver
• 32:33
  bars from a company like Pinbeck's or one of the other
• 32:36
  reputable dealers. Either a local coin shop or a
• 32:39
  big online bullion dealer. Now we'll see how that all works
• 32:46
  out. I got to give you guys an update
• 32:47
  on some stocks that I bought. We'll get to that in a second.
• 32:50
  Oh, hey, hey, hey, what's going to, we know what's driving the
• 32:53
  silver price, What's going to drive the silver price to 4445?
• 32:58
  We looked at the charts, unbelievable data that probably
• 33:02
  right now as we speak right throughout the world for
• 33:08
  everyone. I'm sorry, every four of these,
• 33:12
  isn't that beautiful? I think I came from Coin Shop
• 33:15
  Chris. We're going to be on later
• 33:16
  today, very likely get some good stories from the coin shop, Coin
• 33:21
  Shop Chris YouTube channel. Check it out.
• 33:23
  Please subscribe to him. He's a good friend of our
• 33:25
  channel. But for every four of these that
• 33:28
  are being dug up today, think about that every four.
• 33:32
  There's four of these today being created, right?
• 33:36
  One of them is going into solar panels right now.
• 33:41
  But wait till you hear this, because every time we turn
• 33:43
  around, we know that in China, they have solar farms that are
• 33:48
  the size of Paris. We know that in India, they have
• 33:52
  solar farms that are the size of of, of Brooklyn.
• 33:55
  And I don't know all these compared, I mean, millions and
• 33:57
  millions. Guys, I'm going to want you to
• 34:01
  look at this one more time. If you took that coin right and
• 34:07
  sliced off a third of it, the 2/3 of a coin coin shop Chris
• 34:12
  would kill me if I sawed this, if I sawed it off 2/3 of this
• 34:17
  coin. This one out silver round are in
• 34:20
  every solar panel 2/3 and when it goes into that solar panel,
• 34:28
  bye bye. It's gone for 20 years. 20.
• 34:35
  The ultimate silver stackers are the solar farms.
• 34:38
  Next time you drive, you're going down the highway.
• 34:42
  Maybe you're driving to Costco, hopefully not to buy yourself
• 34:45
  gold and silver. I'd recommend Pendex
• 34:47
  nonetheless. Hey Daniel, solar farms are the
• 34:50
  future. I agree on many levels.
• 34:52
  Thank you for that super chat. And you see a solar farm, don't
• 34:55
  look at it like a solar farm, right?
• 34:57
  And they're all over the place now.
• 34:59
  Look at it like a giant collection of two third ounce
• 35:02
  silver bars. And there's going to be one in
• 35:06
  Australia that is absolutely going to blow everything away.
• 35:12
  Absolutely everything. Uh oh.
• 35:15
  Hey, there's Annie Oakley. Thank you, Annie.
• 35:18
  Thank you, Jake from Jake's Custom Parts.
• 35:19
  Thank you big time, the Silver Shire and Silver Susie for
• 35:23
  helping moderate the channel. Now I want to go and hold on
• 35:30
  here. Oh, here we go.
• 35:36
  Our friend Mark sent us this article, World's largest.
• 35:41
  So thank you, Mark. Guys, the articles you send me,
• 35:44
  the comments you leave matter, right?
• 35:46
  We feature comments, we feature articles that are provided by
• 35:50
  you. So thank you.
• 35:51
  Thank you for your help. Yeah, right.
• 35:53
  Like, like I need your help on this journey.
• 35:56
  You know, you're always welcome in the basement.
• 35:59
  You're down here with me right now.
• 36:00
  But we do need your help. So thank you for the assistance
• 36:04
  that you do get. It's always very much
• 36:06
  appreciated. World's largest solar project.
• 36:11
  We'll send Australian energy to Singapore.
• 36:15
  What? Let's go down to the highlights
• 36:18
  here. 3 standouts Several superlatives stand out about
• 36:23
  this project A A Powerlink will build the world's largest solar
• 36:29
  farm on a remote island of Australia's NT The world's
• 36:34
  largest solar farm. We already know there are solar
• 36:37
  farms out there bigger than the city of Paris, huh?
• 36:41
  And this one's going to be bigger.
• 36:44
  We're talking that mean that has to be like millions of Oz of
• 36:49
  silver, OK. And when we say no millions of
• 36:53
  Oz, blah blah, there's only 800 million ounces of silver that
• 36:58
  the mining sector can can create produce every single year.
• 37:04
  It will also include the world's largest battery near the
• 37:07
  territorial capital of Darwin that'll probably have a boatload
• 37:11
  of silver in it too. Maybe they'll get Samsung to use
• 37:13
  one of their one of their solid-state batteries that's
• 37:17
  going to use 1 kilogram of silver or 30 oz plus for each
• 37:21
  battery that could be put into new electric vehicles.
• 37:25
  Oh, and by the way, Toyota, the world's biggest car
• 37:28
  manufacturer, is right now testing those batteries and
• 37:33
  there's speculation, or hence more than speculation that
• 37:39
  they're going to roll it out initially in their Lexus brand.
• 37:42
  I got off track. But guys, silver is getting
• 37:45
  sucked up everywhere we turn around.
• 37:49
  It will also feature the world's largest submarine power cable,
• 37:53
  which will probably be made out of silver.
• 37:57
  I'm just joking. Probably aluminum.
• 37:59
  I think for long, long distance energy, they, they, they use
• 38:04
  aluminum. Now I want to talk to you about
• 38:06
  something that I think is fascinating about solar that I
• 38:10
  don't hear anybody else talk about.
• 38:12
  Could be solar farms are one thing, but the other big benefit
• 38:15
  to solar panels if you put them on your house and we don't have
• 38:20
  solar panels on our house, right?
• 38:22
  I'm going to what the heck, I'll stack some silver on the roof to
• 38:26
  think about it. If, if, if the world had solar
• 38:29
  panels on the roof of every houses, We don't need all that
• 38:33
  expensive energy transit. What do you call it?
• 38:37
  Transmission infrastructure. All those cables, all those
• 38:42
  wires that crisscross the world, the delicate, if you have solar
• 38:47
  panels, your power plant is right there, right where it's
• 38:51
  consumed. If they're on the House, I think
• 38:54
  that's the future. Solar panels, probably they'll
• 38:57
  make them. They'll use more silver and make
• 38:59
  them more efficient. They'll generate the power right
• 39:02
  there where it's going to be consumed and we'll have
• 39:04
  batteries that'll have a lot of silver in them.
• 39:07
  That'll store that. That right, we'll all have this
• 39:09
  suitcase thing that'll store enough electricity for years.
• 39:13
  Does that make that's the future?
• 39:15
  I absolutely believe that all these wires running everywhere
• 39:19
  are gone. I can see it like I'm not and
• 39:23
  tell me if you think I'm crazy but all this expensive wires
• 39:27
  like in my neighborhood and they they made it better.
• 39:29
  But it used to be every time it like it thundered the power went
• 39:33
  out OK. It was horrible, right?
• 39:35
  If I had solar panels on my roof and a battery at my house right
• 39:40
  there, I don't need it, right? Unless a tree hits the solar
• 39:43
  panel. Whatever, right?
• 39:45
  Does that make sense? The other thing that I believe
• 39:47
  the future will be as well, getting rid of all these wires,
• 39:51
  is we will get our data. Right now I'm talking to you and
• 39:55
  it's going through spectrum Internet, OK?
• 39:58
  We'll get our data all wirelessly like we already do on
• 40:01
  our cell phones. OK, that's the future.
• 40:04
  That's what's going to happen, no doubt about it.
• 40:07
  OK, guys, another. Major massive driving force.
• 40:12
  We have so many things that are coming together.
• 40:17
  There's almost nothing negative out there when it comes to
• 40:21
  looking at the precious metals like we have so many tailwinds.
• 40:25
  But we sat down here and talked years ago, 2-3 years ago, a lot
• 40:31
  of you join me down here and I and what we talked about back
• 40:34
  then was silver and gold were facing a lot of headwinds and
• 40:39
  they were doing good and they did do good.
• 40:41
  That's so exciting about how well the silver price and gold
• 40:45
  price did over the last two years, OK, up until, you know,
• 40:50
  about six months ago, silver and gold were in the battle against
• 40:54
  so many things, high interest rates, you name it, right, there
• 40:58
  were headwinds. Now it's like everything has
• 41:01
  shifted. Initially, back in December of
• 41:04
  2023, we talked about how the headwinds stopped and we were
• 41:08
  just like a sailboat sitting out there with no wind.
• 41:11
  Now, baby, we got the wind in our tails, sails.
• 41:18
  And there's one thing I'm ever drinking coffee.
• 41:20
  There's one thing that could turbocharge that, and I'm going
• 41:24
  to show that to you next, OK? And that's the US dollar.
• 41:33
  And what we are seeing right now, we are on the cusp of the
• 41:38
  US dollar index breaking below 100.
• 41:43
  There it is right there, 100.42. The lower this goes, absolutely.
• 41:52
  That will act as a major force, a major tail, a head tailwind,
• 41:57
  wind in the sails for the silver price and the gold price.
• 42:01
  That's just a one day chart. Let's look at a three-year
• 42:04
  chart. OK, We were back below 100 just
• 42:09
  back in 2021, but we look at this about once a week because
• 42:16
  it is so important. We're going to get the Crayolas
• 42:18
  out one more time on this. If we look on a long term basis
• 42:24
  and move this out of the way where we are right now at 100
• 42:30
  and if we draw a line on that chart, guys, we have spent the
• 42:37
  majority of the last 40 years below 100 and that likely is
• 42:45
  where we're heading. And that's the DXY this is, this
• 42:48
  is is could be super crazy supportive for the gold and
• 42:53
  silver price. And this is just a comparison
• 43:03
  right of the of the of the three best horses in the glue factory.
• 43:08
  And what I also want to show you on this chart is we experienced
• 43:17
  an unbelievable run in the gold price and the silver price from
• 43:23
  about 2001 through 2011, silver alone went from being under $5
• 43:29
  per oz to over $50 per oz. What caused that?
• 43:34
  What was one of the biggest was this right here.
• 43:37
  OK, this from about 2001, 2002 through 2011, you see how the US
• 43:46
  dollar index dropped from being above 100 all the way down to
• 43:51
  75, right? That during this period is when?
• 43:56
  Let's see if I can draw this for you.
• 43:58
  Hold on. That is when silver went to
• 44:16
  $50 per oz. Important to remember that can
• 44:23
  happen again, OK? But it gets even more exciting
• 44:27
  when we realize the truth and that is that other things going
• 44:31
  on, right? That right now, like
• 44:35
  geopolitically, like the bricks, OK, like the world bifurcating,
• 44:40
  like the unbelievable amount of debt that the United States has,
• 44:44
  that our corporations have, that our households have, right?
• 44:47
  What happened from O1 to 2011 can happen again, but it could
• 44:53
  actually happen in an even more exaggerated fashion because we
• 44:58
  have issues now that we didn't have back then.
• 45:02
  Things really are different right now, but they're different
• 45:06
  in a way. They could exaggerate that move
• 45:09
  in the precious metals prices way beyond what we saw from O1
• 45:14
  to 2011. So when everybody thought when
• 45:17
  you know that when, when, I mean, do you feel this like, you
• 45:21
  know, sure, silver, 30 bucks an ounce and that's great.
• 45:25
  I'm very happy we got to stay above $30.00.
• 45:28
  But when we think about $90.00 silver and, and people kind of
• 45:34
  shake their heads and they go, you're dreaming, you're a silver
• 45:37
  pumper, you're a, you're a dreamer, you're a, you know, a
• 45:40
  nut case for thinking about that.
• 45:42
  Really. OK, well, how about what 2020
• 45:46
  years ago, 2001, the silver price went from $5 to $50.
• 45:52
  That's a 10X. Even if we started from like the
• 45:57
  recent low ish area of let's say 16 dollars, $20 and we do 10X of
• 46:04
  that, that's $160.00 per oz silver.
• 46:08
  That's $200 silver and I agree. I'm with you, baby, right?
• 46:14
  We need to help each other here, right?
• 46:16
  That seems crazy. I agree 100%, right that I mean
• 46:20
  to think to think that this isn't that a beauty?
• 46:27
  I tell you what, the other one I love is this one that came from
• 46:30
  Big 10, the Silvershire and also has a an Indian look at that.
• 46:36
  Isn't that absolutely beautiful as the eagle on the back?
• 46:43
  OK, to think that this what I'm holding in my hand right here,
• 46:47
  priced in paper and this, I don't feel like I have anything
• 46:51
  in this hand. Oh, hi, everybody.
• 46:53
  It's my daily, my daily. Hello.
• 46:55
  Who is that? Who is that?
• 46:57
  George Washington? I should know that, right?
• 47:01
  That is not a silver certificate, right?
• 47:05
  To think that this could go to 160 or $200.00 an ounce in paper
• 47:10
  dollars. I mean, really guys, look, I'm,
• 47:12
  I'm a firm believer. You think, you think $200.
• 47:16
  I think in my lifetime that it's with the right set of
• 47:20
  circumstances, we could see $2000.00 an ounce silver.
• 47:25
  We could see $20,000 an ounce silver.
• 47:27
  And I agree, the world could be a very scary place under that
• 47:32
  scenario, but it's absolutely not out of the question.
• 47:36
  Don't forget, right? This is proof.
• 47:39
  This is absolute, utter proof that what is happening right
• 47:44
  now, we are in a situation that cannot be solved.
• 47:49
  Unfortunately, We are in a debt spiral.
• 47:51
  We are in a debt Whirlpool. There is no doubt about it.
• 47:56
  And you know what? I want to show you something
• 47:58
  else here. While I have you here, I'll just
• 48:01
  pull you up. Look at I got to.
• 48:02
  I got to organize these slides better.
• 48:04
  Oh, yeah, you're silver. Here's our friend silver.
• 48:07
  This is the ratio of silver to the NASDAQ 100.
• 48:11
  That's where we are right now at the top point OO16, OK.
• 48:15
  We've been as high as point O55 in the last 40 years.
• 48:20
  If we were to do that again right now, this is real.
• 48:24
  We really were at that point, Point O 55, OK?
• 48:28
  We would need silver to be at $1100 per oz.
• 48:32
  OK, and there's the big butt chart that shows it on a chart
• 48:36
  basis, but that's not what I want to show you.
• 48:38
  OK. Oh, there's silver and Indian
• 48:41
  rupees, new all time high breakout cup and handle.
• 48:45
  I mean, it's happening everywhere.
• 48:47
  Not what I want to show you. There's there's Barbie, there's
• 48:53
  a there's some click bait $550 silver.
• 48:57
  Come on, Ron, are you crazy here?
• 49:01
  All right. Credit card debt hits all time
• 49:03
  high in the United States. If BY Dynamics was a swing set,
• 49:08
  not a political statement. If Bill Back Better was a beer
• 49:12
  that comes from our friend Don Indris.
• 49:14
  It's not what I want. This is the one that just
• 49:18
  continues to blow my mind. One purse, one Gucci purse like
• 49:23
  I have here in the basement. Our gold bear back here has a
• 49:26
  Gucci purse. I'll show it to you in a second.
• 49:28
  This bag can carry 600 ounces of gold, 600 ounces of gold, 601 oz
• 49:36
  gold coins, 600. That equals 22,000 barrels of
• 49:41
  oil. Are you kidding me?
• 49:44
  Really. Are you kidding me?
• 49:47
  OK, wait a minute. Wrong one.
• 49:49
  That's not what I really wanted to show you.
• 49:51
  You know what I really want to show you was this.
• 49:53
  Hold on here. Nope.
• 49:55
  That's our drain. Oh, shoot.
• 49:58
  I know what I needed to show you guys.
• 50:00
  I apologize. Hold on here.
• 50:03
  Not that. Hold on.
• 50:06
  Don't get dizzy. We're going to get there.
• 50:09
  This this came from our friend Chris Marcus at our Not, not
• 50:12
  that, not that. Hold on.
• 50:16
  This came from our friend Chris Marcus.
• 50:18
  This all this debt that we're talking about.
• 50:21
  Chris Marcus at Arcade Economics had this in one of his little
• 50:24
  newsletters came from Mining Visuals and Gold We trust, OK?
• 50:30
  We talked about all this debt that we have in our country
• 50:33
  right now, OK, right, 35 trillion.
• 50:37
  But you know, and it's only going up and up.
• 50:39
  So if we look at the gold and debt, right, gold is the yellow
• 50:47
  line. See how the price of gold went
• 50:49
  up and up. This isn't a percentage up and
• 50:52
  up and up, OK? The price of gold rose over 50
• 50:55
  times from 1966 to 2023, driven by the end of the gold standard
• 51:01
  inflation crisis and stability and rising investment demand.
• 51:06
  So there's yellow. Look at the yellow line if you
• 51:10
  see how it is directly related to the black line, which is from
• 51:15
  1966 to 2023, debt grew 1 hundredfold reflecting increased
• 51:23
  reliance on borrowing to fund government operations.
• 51:27
  This is undeniable proof right? That the more debt that the
• 51:33
  government racks up, OK, the more the more deficit spending
• 51:38
  that they do, the more that our government spends more than they
• 51:41
  bring in, the more the debt level goes up, the more the
• 51:44
  precious metals, the gold price and the silver price will go up,
• 51:50
  no doubt about it. There was one more I wanted to
• 51:54
  show you guys forget. Here we go.
• 52:00
  This came from one of the big, big, big insiders, OK.
• 52:05
  And it came from the big massive with the with the big mining
• 52:10
  companies. Go and have a big pow wow every
• 52:13
  year. It's gold and you can say silver
• 52:16
  as well. The return of the king Bull
• 52:18
  markets are born on pessimism, grow on skepticism.
• 52:23
  And that is where we are right now.
• 52:25
  People are still skeptical, not you and me, right?
• 52:29
  They mature on optimism. That's when we get silver at at
• 52:34
  $8075.00 an ounce and die on euphoria.
• 52:39
  That's when we want to quickly convert some of our silver.
• 52:43
  I'll never convert all of mine into other real assets because
• 52:47
  at that point we will have in both gold and silver relative to
• 52:53
  other real assets, an opportunity to convert things at
• 52:57
  very, very, very attractive price levels.
• 53:02
  Hold on here. Here we go.
• 53:08
  Hopefully we're still alive. There's there's the price of
• 53:14
  silver in, in, in Canada all the way back.
• 53:17
  See how I mean, everywhere in the world we're getting new
• 53:21
  multi year ties. This is an Australian dollars.
• 53:24
  OK, look at look at this silver price in Australian dollars.
• 53:30
  Do you see the cup, the big cup formed in the middle?
• 53:33
  Do you see the handle? Do you see how silver is
• 53:36
  breaking out and it continues to break out all over the world?
• 53:46
  I want to say thank you to channel sponsor.
• 53:49
  Oh, I got to tell you guys about the stocks I bought.
• 53:50
  I'll do that in just one second. First, mining gold.
• 53:54
  Canadian gold developer with two multi million ounce projects in
• 53:57
  Canada. Gold in the ground in Canada.
• 54:00
  You're not going to stack it in your basement or your garage or
• 54:03
  a vault. You might as well have it in the
• 54:05
  ground in Canada. Fortuna Mining, they're
• 54:08
  operating gold and silver mining company with operations in Latin
• 54:13
  America and West Africa and they're just wrapping up their
• 54:18
  third quarter right now. But the first two quarters, the
• 54:20
  first half of the year had been phenomenal for Fortuna Mining.
• 54:24
  I appreciate the support of all our sponsors.
• 54:27
  You can learn more about them at their respective websites, which
• 54:30
  I will put a link to in the description below.
• 54:33
  I think silver is greatly undervalued right now.
• 54:39
  I think gold is undervalued right now, but the silver price
• 54:44
  has a lot of catching up to do OK and we're going to see that
• 54:47
  here through the end of the year.
• 54:49
  That's what I think I could be wrong.
• 54:51
  Don't make any financial decisions based on anything I'm
• 54:53
  saying don't buy a stock, buy gold or silver, adopt A puppy,
• 54:58
  get engaged, don't do anything. You need to do your own due
• 55:01
  diligence. But I also think that the mining
• 55:04
  stocks where I have a a lot of money, look, I eat my own
• 55:07
  cooking. I own a lot of that stock first
• 55:10
  mining gold. I own a lot of Fortuna mining.
• 55:13
  I believe that the mining companies right now are vastly
• 55:17
  undervalued. I would have said the same thing
• 55:19
  two years ago and I was dead wrong.
• 55:22
  OK. But nonetheless, in particular,
• 55:26
  the junior sector of silver miners, gold miners are way
• 55:29
  undervalued. So just to bring you guys up to
• 55:31
  date I did this week buy some more Fortuna Mining stock and
• 55:38
  1st mining gold. I eat my own cooking right.
• 55:41
  If I'm if I'm going to be sponsored by these companies, I
• 55:43
  need to believe in them 100%. I need to have my own money, my
• 55:48
  own skin in the game and I do again, I'm not giving
• 55:52
  recommendations. You need to look at these things
• 55:55
  talk to financial advisors do whatever you got to do do it on
• 55:58
  your own, but I do like to keep you guys updated.
• 56:01
  I also bought two other stocks that I don't talk about a lot,
• 56:06
  Suma Silver, they have a big silver exploration project in
• 56:11
  Nevada, OK, Tonopah, and they have the Mogion project in New
• 56:16
  Mexico. And I'm actually going to be
• 56:19
  talking to the CEO of that company next week, Galen
• 56:21
  McNamara or the following week. We're working on getting that
• 56:26
  scheduled with his investor service Rep.
• 56:28
  But he's a guy that I have a lot of respect for and a lot of
• 56:31
  people tell me that that he's like a super go getter, super
• 56:36
  hard worker. But they have silver in the
• 56:39
  ground in the United States, OK, a lot of silver in Nevada, in
• 56:45
  New Mexico. And he is a sharp guy.
• 56:47
  And they're exploring for more and more and more.
• 56:50
  The other company that I bought was Cantera CANTERRA.
• 56:56
  They've got big mineral claims in Newfoundland and I chatted
• 57:01
  with the CEO this week. After talking to him and doing
• 57:04
  my own research and digging in, I was excited about that one as
• 57:08
  well. So just wanted to give you guys
• 57:09
  an update on what I've been doing with my stocks.
• 57:13
  I hope you are doing well. OK, Thank you for being here.
• 57:19
  Oh, other. I forgot the biggest breaking
• 57:21
  news of the day. Your kids are going to love
• 57:24
  this. Your grandkids are going to love
• 57:27
  this. This comes from Gary Lee, a
• 57:30
  world famous cello teacher. Gary Lee.
• 57:35
  He tortures me every week with this.
• 57:37
  But this is big breaking news. Apparently, if you like
• 57:43
  margarine, you know that stuff you put on your toast or
• 57:45
  whatever, you better stock up. Not because of the longshoreman
• 57:49
  strike or anything like that, but I have it on good word that
• 57:53
  they're going to ban margarine. Big breaking news story.
• 57:58
  They're going to ban margarine all throughout the world.
• 58:00
  And you know why they're going to do it?
• 58:02
  Because they want to make the world a butter place.
• 58:09
  Get it? Anyway, hopefully I don't lose
• 58:12
  too many subscribers from that one.
• 58:14
  Thank you Gary Lee, world famous cello teacher for sharing that
• 58:17
  one with us. Everybody have a great day, OK?