Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 📣 Silver and Gold Investors MUST Hear **You won't Believe THIS!** Precious Metals Price NEWS Update

Transcript

📣 Silver and Gold Investors MUST Hear **You won't Believe THIS!** Precious Metals Price NEWS Update · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  One guy has $500 million worth of silver.
• 0:06
  An unbelievable silver story. We're going to talk about why he
• 0:11
  is doing this. Does it sound like the Hunt
• 0:14
  brothers or Warren Buffett when they tried to corner the silver
• 0:17
  market? But also we're going to talk
• 0:20
  about recent data that he put out about silver in particular,
• 0:25
  which is almost too good to be true.
• 0:27
  Unbelievable, But the reality is it's based in fact.
• 0:31
  I know you love silver. I know you love gold.
• 0:34
  I know you love precious metal mining stocks.
• 0:36
  I do too. I also know that you chose to
• 0:39
  join me down here today in the basement.
• 0:42
  I really hope you feel like you found a friend, a little home
• 0:44
  away from home, a little precious metals refuge.
• 0:47
  Please subscribe to the channel. That's free.
• 0:50
  All you got to do is press subscribe, give the video a
• 0:53
  thumbs up, share it with everybody and leave a comment in
• 0:56
  the comment section below. You can pretty much say whatever
• 0:59
  you want. Speak your mind, OK?
• 1:01
  You don't have to agree with me. That's how we learn is from each
• 1:05
  other. Oh, and by the way, later in
• 1:07
  this video, we're going to do an unboxing.
• 1:10
  I've got a package whoa that I'm going to open.
• 1:13
  I knock Susie over there and I think there might be some silver
• 1:16
  in here. And I'll tell you a story from
• 1:19
  my past, from this book right here.
• 1:22
  All the wisdom in one place. But first we're going to talk
• 1:26
  about this silver guru who has a half a billion dollars in silver
• 1:32
  and then some like breaking new info that he's putting out,
• 1:35
  which is absolutely fascinating. So who are we talking about?
• 1:39
  This guy right here, David Bateman, He's a tech billionaire
• 1:43
  who's turned into a precious metals aficionado proponent.
• 1:48
  I don't know, he's putting his money where his mouth is.
• 1:51
  He now has almost a half a billion dollars worth of silver,
• 1:54
  almost 13 million ounces of silver.
• 1:57
  And if you do the math on that at $38 per oz, you come to $500
• 2:02
  million. But the important thing we want
• 2:05
  to look at is why he's doing this.
• 2:08
  And let's go out here to the sub Stack article.
• 2:12
  Sorry guys, we're doing a live recorded video here.
• 2:17
  Tech, tech, tech. Good old tech.
• 2:19
  There we go. Here he's talking about the
• 2:22
  reasons why he says the global monetary system is about to
• 2:25
  collapse. The Great Reset or the Basel end
• 2:28
  game, The biggest credit bubble in history will soon pop.
• 2:32
  Yes, we have $300 trillion in worldwide debt.
• 2:35
  Yes, a trillion is equal to 1 million * 1,000,001 trillion and
• 2:42
  we have 300 of them in the world.
• 2:44
  There's no way the United States of American can refinance.
• 2:48
  It's 28 trillion in maturing treasuries in the four years
• 2:52
  we're up a Creek without a paddle.
• 2:55
  Things in Washington are getting crazy.
• 2:56
  Gold and silver are the only meaningful life raft.
• 2:59
  Physical possession is everything.
• 3:01
  The whole world right now is a sophisticated game of musical
• 3:06
  chairs. The chairs are the precious
• 3:09
  metals. Crypto is a SIOP that's up for
• 3:13
  debate. Real estate, crypto, stocks, and
• 3:15
  bonds will all lose significantly compared to
• 3:19
  precious metals. The banking system has been
• 3:21
  meticulously designed to seize your assets to buoy up a
• 3:25
  collapsing banking sector. See the great taking?
• 3:29
  You have 0 counterparty risk with precious metals.
• 3:34
  Meaning if you hold silver in your hand, if you won't hold
• 3:37
  gold in your hand, you own it. You're not relying on anybody
• 3:41
  else for that value. If you own it, hold it in your
• 3:44
  hand, you own it. OK up.
• 3:47
  He's up 20% already. Good for you.
• 3:50
  This is not a drill. Your grandkids someday will
• 3:53
  either muse or lament this financial decision you're now
• 3:56
  faced with. Don't fail them.
• 3:59
  Not financial advice for educational purposes only.
• 4:02
  Hey, same here with Ron's basement.
• 4:04
  I'm not a financial advisor. This is not financial advice.
• 4:07
  Don't buy or sell anything. Gold, silver, stocks, bonds,
• 4:10
  mutual funds, crypto currencies. Don't get engaged.
• 4:14
  Don't make any decisions based on what I'm saying.
• 4:17
  This is for camaraderie and entertainment purposes only.
• 4:20
  But I do speak my truth and since this is still a free
• 4:23
  country, I can do that. Look at all that silver, that's
• 4:27
  Mr. Bateman's silver hoard, guys.
• 4:30
  We are talking about 13 million ounces of silver, maybe more at
• 4:36
  this point. Well, actually 12.7 I rounded
• 4:39
  up, but maybe more than 13 million.
• 4:41
  The guys probably buying more and more.
• 4:44
  Are they cornering the silver market?
• 4:46
  Is he correct? But what's really interesting is
• 4:49
  what he recently put out some crazy pieces of data that show
• 4:54
  just how undervalued silver is. Silver is on the verge, I think,
• 4:59
  right, of a floodgate situation where the floodgates open, where
• 5:04
  there's so many people trying to get their hands on silver that
• 5:08
  there won't be enough to go around.
• 5:10
  I know, right? I'm a silver pumper.
• 5:12
  I've admitted that many times. Yes, I do believe that.
• 5:16
  Silver, there he is, right? There are Silver Bear who's
• 5:19
  blindfolded with $85. We're going to take that
• 5:22
  blindfold off when silver hits $85 and I think it'll happen
• 5:26
  sooner than later. Right now we're going to open a
• 5:29
  package. I think I got some silver in the
• 5:31
  mail from our channel sponsor, First Mint.
• 5:34
  They're the mint in Las Vegas, NV, creating world class silver
• 5:39
  bullion products, all original. What's really cool about them,
• 5:43
  they're owned by First Majestic Silver, Keith Newmeyer's huge
• 5:47
  silver mining company. So the silver goes from the mine
• 5:51
  in Mexico to the mint in Las Vegas to you never on the COMEX
• 5:57
  or the LBMA. Maybe Mr. Bateman wants to learn
• 6:00
  about them. Right, Let's keep the silver off
• 6:02
  the COMEX in the LBMA. But they sent me a package and
• 6:06
  I, I started to open it and I thought, I want to show
• 6:08
  everybody just how cool their packaging is and even cooler
• 6:13
  what's inside. So this came from FedEx
• 6:15
  yesterday. OK, nicely packaged.
• 6:19
  I had to sign for it, had to make sure I was home.
• 6:23
  OK. And they send stuff in these
• 6:24
  cool little boxes, really like sharp boxes.
• 6:28
  And let me get the tape off here, all right.
• 6:34
  And what's cooler, Hopefully it's in here is then they pack
• 6:38
  it with this. I call it crinkle paper.
• 6:42
  See that That black crinkly paper and they wanted to send me
• 6:47
  Oh wow, this is cool. Check this out guys.
• 6:52
  Wow, very cool. I'm going to set the crinkle
• 6:56
  paper aside, but look at this really sharp nice black.
• 7:03
  This feels like feels like I'm opening like an iPhone or
• 7:05
  something and then inside here it's the old envelope.
• 7:09
  Sorry I'm doing this live. I don't want to RIP.
• 7:12
  Well, looks like I ripped it. You know what I'll do?
• 7:15
  Let me get out my scissors or cut this open.
• 7:24
  I could sing for you. OK.
• 7:30
  Oh my gosh. So inside this black envelope.
• 7:34
  Oh, cool. They sent along a capsule for
• 7:37
  me, but I think I haven't. I Oh man, this is so cool.
• 7:43
  OK, it's the new Las Vegas round with some awesome.
• 7:49
  Oh man, I just loved it. Oh, check this out.
• 7:53
  This is awesome. I'm going to show you this side
• 7:55
  first. I used to play this is the Las
• 7:58
  Vegas skyline. Sure you can see that really
• 8:02
  nicely and it's got like a poker chip design around the outside.
• 8:07
  But on the other side, I used to like to play roulette.
• 8:10
  It has the roulette wheel with the first Mint.
• 8:15
  That is so cool. I love it.
• 8:17
  All right, look at that. It's the roulette wheel with the
• 8:22
  first mint logo in the middle man, I am, so I need to be very
• 8:27
  careful with this. Put it over here.
• 8:31
  I'm so excited and everything came.
• 8:34
  I mean look at that packaging. I'm telling you, it felt like an
• 8:36
  iPhone when I was opening it up, but so excited, so grateful to
• 8:41
  have First Mint sponsoring our channel.
• 8:44
  Look, guys, I'm here. I'm able to do this because of
• 8:47
  the support of the sponsors. I'm going to tell you a story
• 8:50
  later about my personal life when I go into that book that I
• 8:54
  showed you all the all the wisdom in one place.
• 8:59
  But you know, this is how we support our family.
• 9:01
  And upstairs Susie, how do you guys know her, right?
• 9:05
  She talks on the walkie-talkie. You know she's a stay at home
• 9:09
  mom. So thank you anyway.
• 9:11
  Thank you first meant for sending me that round.
• 9:13
  Thank you for the sponsorship guys.
• 9:15
  It's great stuff. Everybody has been sending me
• 9:18
  emails telling me how excited they are.
• 9:20
  I mean they create all original high quality silver bullion
• 9:25
  products. You can check them out at first
• 9:27
  meant.com here let me pull up there.
• 9:30
  There's there's our friend Bateman silver bars, but here's
• 9:34
  their website and there we go. That's the year of the snake.
• 9:40
  These are all original. You're the snake round, the year
• 9:43
  of the dragon round. That's their Buffalo round.
• 9:46
  I say it every week, but that Indian Head design, I absolutely
• 9:50
  am in love with it. And there's the Las Vegas round
• 9:54
  that I just showed you with the new redesign on the back with on
• 9:57
  the roulette wheel on the back. So super cool.
• 10:00
  Again, thank you first meant Oh, and there's a discount code.
• 10:03
  OK, VIPRB, very important. Ron's basement, VIPRB free
• 10:10
  shipping over $199 and it's going to come to you right in
• 10:14
  those cool box and put the packaging that is just
• 10:17
  absolutely awesome. Oh, Bateman, he put out new
• 10:20
  stuff. The silver guy, the $500 million
• 10:24
  silver guy put out new information that it's just
• 10:27
  absolutely crazy about silver. Let's go take a look at that.
• 10:31
  If I can pull this up for you guys.
• 10:34
  Here we go. Here's a recent post.
• 10:37
  Silver Apes are betting that the historical silver to gold price
• 10:41
  ratio of 15 to one could return. Wow.
• 10:46
  Let's just do the math here real quick.
• 10:47
  If we did go to a 15 to one, just out of curiosity, we'll say
• 10:51
  $3300.00. So our gold divided by 15, that
• 10:56
  would be $220 silver. Would you argue with that?
• 10:59
  I don't think you would. I know I wouldn't argue with it,
• 11:02
  but that's not the really interesting part.
• 11:05
  This is crazy for the above ground physical silver ounces to
• 11:10
  reach 15 to one against above ground physical gold oz.
• 11:16
  That means if we got to a point where there was 15 times as much
• 11:20
  physical silver held in your basement, held in your vault,
• 11:24
  held in wherever, right, that there would.
• 11:26
  If we wanted to get to a point where there was actually 15
• 11:29
  times more silver above ground than gold above ground, it would
• 11:34
  take 100 years. And that's assuming a century
• 11:41
  passes without a single ounce of silver being consumed for
• 11:45
  industrial purposes. That would mean for the next 100
• 11:50
  years, all the silver that's mined is stacked up.
• 11:53
  It would take 100 years to get to a 15 to 1 silver to gold
• 11:58
  ratio with above ground silver. Oh, but there's more.
• 12:02
  And all the gold mining needs to stop immediately.
• 12:07
  Oh my God, guys, I'm telling you with silver, are we not just on
• 12:11
  the precipice? I mean, we know obviously the
• 12:14
  amount of silver being produced by the silver miners is going
• 12:18
  down. Output production overall is
• 12:21
  going down. There's no, you know, there was
• 12:23
  no investment in silver mining over the last, what, 1520 years?
• 12:28
  Very little except for the smart people like Keith Neumeyer at
• 12:31
  First Majestic and the guys at Zuma Silver and Dolly Vardon
• 12:35
  Silver and the Silver Mountain Resources down in Peru.
• 12:38
  But overall, there was very little investment going into
• 12:43
  future silver mines or future silver supply coming on board.
• 12:47
  And it's going to take another 10 or 20 years for any stuff
• 12:50
  that starts now to come to fruition.
• 12:53
  But we would have to have all the sit for the next 100 years,
• 12:57
  all the silver that's mined, none of it consumed, all of it
• 13:01
  just stacked up right in your basement.
• 13:04
  I'm not commenting, OK. And then all gold production to
• 13:08
  cease immediately. It takes 100 years to get to
• 13:12
  having 15 times as much silver above ground as we have gold
• 13:17
  above ground because obviously no gold is very little is used
• 13:21
  for industrial purposes. But we know again, two things,
• 13:25
  the amount of silver coming from the silver mines is going down,
• 13:28
  and we know that the amount of silver being consumed by
• 13:33
  industry is going up. This is insane, but it gets even
• 13:37
  crazier. Let's go to his next piece of
• 13:39
  information. Before we do that, I also want
• 13:41
  to say thank you to channel sponsor First Mining Gold.
• 13:45
  We're talking a lot about silver in this video, but the outlook
• 13:48
  for gold is also very bright. I think the outlook for gold
• 13:52
  development stage company companies is even brighter.
• 13:55
  First Mining Gold is a development stage company based
• 13:58
  in Canada. They have two big multi million
• 14:02
  ounce projects, Spring Pole in Ontario and Du Parquet in
• 14:08
  Quebec, both of which have millions of Oz of gold in the
• 14:12
  ground. They're working through the
• 14:14
  development stage, the permitting stage on these
• 14:17
  projects. And guys, guess what?
• 14:20
  Same thing with gold. There's hardly any big major
• 14:23
  gold projects available in favorable jurisdictions, and 1st
• 14:28
  Mining Gold checks both those boxes.
• 14:30
  You can learn more about them at First Mining Gold.
• 14:32
  Oh, and by the way, Keith Neumeyer, who's the CEO of First
• 14:36
  Majestic Silver, is the chairman of the board and the founder of
• 14:42
  First Mining Gold. It's a stock I've owned for
• 14:44
  years before they sponsored my channel.
• 14:47
  But again, I'm not a financial advisor.
• 14:49
  Buying silver, buying gold, buying precious metal mining
• 14:52
  stocks, buying anything in the world is risky.
• 14:55
  Do your own due diligence. Now let let's go look at the
• 14:58
  second piece of data out of Bateman that's absolutely mind
• 15:02
  numbing. Here we go and boom.
• 15:06
  OK. Oh wow, this is hot.
• 15:08
  This was today, August 10th out of the presses.
• 15:12
  This is crazy. It's simple.
• 15:13
  You know, sometimes the simplest things are the most powerful.
• 15:16
  If 10% of the demand for gold shifted to silver, it would eat
• 15:24
  up all silver mined on the planet and leave none for
• 15:28
  manufacturing. Just 10%.
• 15:34
  OK, 10% of the demand for gold shifted to silver.
• 15:39
  And I want you to think about that, right?
• 15:42
  Is that is that all that far fetched?
• 15:46
  Is that all that far out of the question?
• 15:49
  Right. Especially because we know how
• 15:51
  the sheeple react, right? You're not a sheeple.
• 15:55
  I'm not a sheeple. You're ahead of the curve, my
• 15:58
  friend. Basement dweller.
• 16:00
  I've always said the basement dwellers, right, have in general
• 16:04
  a little higher level of intellectual horsepower than the
• 16:07
  general population. The sheeple, they're all
• 16:11
  watching CNN. Nothing against CNN or MSNBC or
• 16:17
  whatever, right? They don't know what's going on.
• 16:19
  We know what's going on when they wake up and they're like,
• 16:23
  hey, Sally, we need to get some silver.
• 16:27
  What do you think? Let's go.
• 16:29
  How do we buy silver? Oh, they're going to be asking
• 16:31
  you and me. It's just 10% of the demand for
• 16:37
  gold shifts to silver, right? It's going to be absolutely
• 16:41
  crazy. Look, this guy's a billionaire.
• 16:44
  He's got a $500 million investment into silver.
• 16:50
  He laid out his thesis, which I happen to agree with for the
• 16:55
  most part, right? And we all don't agree with each
• 16:59
  other on everything. But he's talking about this data
• 17:03
  that is just absolutely Can you believe, right, that if we
• 17:06
  wanted to get to a point where we had 15 times as much above
• 17:10
  ground silver as we have gold, a 15 to one, just 15 to one.
• 17:15
  Hell, the current ratio is what, 85 to 1 from a price
• 17:19
  perspective, the gold to silver ratio.
• 17:21
  But if we just wanted to get the 15 to one, it would take 100
• 17:24
  years. No more silver being consumed by
• 17:28
  industry over that 100 years and no gold mining period just to
• 17:33
  get silver up to that 15. It's crazy.
• 17:36
  It's absolutely insane. But we know we aren't absolutely
• 17:40
  insane. We know the real reason, the
• 17:43
  real story about what's actually happening, right?
• 17:47
  There's other people, great, let them do what they want.
• 17:50
  But according to Bateman, and I agree with them, right, we could
• 17:54
  see a point in our lives. I'm 55 years old.
• 17:57
  I'm hopefully going to be around for a few more decades.
• 18:00
  I think there's going to come a time when we feel really, really
• 18:03
  good about our decision to invest in precious metals.
• 18:06
  Now let's do story time. OK, If you don't want to hear a
• 18:09
  story, stop watching. But I've got this book.
• 18:14
  It's called All the Wisdom in One Place.
• 18:17
  And I love this book written by Sean D Williamson.
• 18:21
  Actually, I'll put a link to it in the description of this
• 18:24
  video. And it's all he wrote this book.
• 18:27
  He was ACPA, very successful self-made guy.
• 18:30
  He's like Bateman, you know, like made a lot of money, blah,
• 18:33
  blah, blah. But he wrote this book where he
• 18:35
  kept all over the years, all of what he thought were the wisest
• 18:39
  sayings, the wisest things. I wanted to read 1 to you and
• 18:42
  then share a little bit of my personal life with you.
• 18:45
  OK, here we go. Here it is.
• 18:49
  Strength. This is on page 97 if you want
• 18:52
  to read along with me. Oh, you don't have the book yet?
• 18:55
  You can get it. It's in the description of the
• 18:56
  video. Strength does not come from
• 19:00
  physical capacity, it comes from an indomitable.
• 19:06
  You know the word I'm trying to say.
• 19:07
  I'm going to start over. Strength does not come from
• 19:11
  physical capacity. It comes from an indomitable
• 19:15
  will, OK. And what that means to me is,
• 19:20
  you know, you can be as strong as you want physically.
• 19:23
  You can be you. You can you.
• 19:25
  You can be the smartest person around.
• 19:28
  But if you don't have the will to make something happen, you're
• 19:32
  not going to get anywhere. And let me share a story with
• 19:34
  you in my life. I'm 55 when I was like 5152.
• 19:38
  I'm not rich, but, you know, we were doing OK, but I was at a
• 19:42
  point in my life where my twin daughters were going off to
• 19:45
  school and I was like laying on the couch and I was just like, I
• 19:48
  want to do something with my life.
• 19:50
  I was kind of feeling bad about myself.
• 19:51
  I'm like, you know, I feel like I can contribute more.
• 19:54
  I can give people some value. I could create something.
• 19:57
  I've been a creative guy and I decided to start a YouTube
• 20:00
  channel called Ron's Basement. Decided to focus and I knew.
• 20:05
  I knew that it would be hard, right guys?
• 20:07
  This is not easy. Anyone who's had a successful
• 20:10
  YouTube channel will tell you actually doing this.
• 20:13
  I know I'm like you. I used to watch videos and they
• 20:16
  go so much fun. They just turn the there's a lot
• 20:19
  of things that go on a lot of work that goes into this.
• 20:22
  By the way, I'm the writer, director, cameraman, audio
• 20:25
  engineer, editor. I got to make thumbnail anyway,
• 20:28
  I'm not complaining. I love it, OK, But I knew I
• 20:31
  wanted to do something back to that and I was feeling kind of,
• 20:34
  you know, crummy about myself. So I'm going to do it and I'm
• 20:37
  going to stick to it for a year. And I know it's going to be fun
• 20:41
  at first, but I know it's going to stink.
• 20:43
  But I got to have the will to succeed.
• 20:46
  And guess what? After about 5 or 6 weeks of
• 20:48
  doing it, it was not that. I love what I'm doing.
• 20:51
  I'm very grateful and I love the community and I love all this,
• 20:55
  but it's hard work. And the shiny red ball part of
• 20:58
  it went away. And I'm like, I don't, I don't
• 21:01
  want to do this. But I told myself that I'd make
• 21:03
  a video every day for a year. And then I try to learn
• 21:07
  something every day. And I hit that point and I was
• 21:09
  sitting right here. It was like 5-6 weeks.
• 21:11
  And I'm like, I don't feel like doing this.
• 21:14
  What am I doing? You know?
• 21:16
  And then and then you start thinking things like, I'm making
• 21:18
  a fool of myself, you know? But guess what?
• 21:21
  Nobody cares, OK. And I yeah, I did.
• 21:24
  I stuck with it. I kept going.
• 21:26
  I worked through the dip, right, knowing that on the other side
• 21:31
  that I would, that that there could be success and there could
• 21:33
  be fun. And you know what I learned over
• 21:36
  that year? I had several dips and I still
• 21:38
  have dips. I've been doing this now for
• 21:39
  four years. There is massive, massive
• 21:43
  benefits to believing you can do something, showing up every day,
• 21:47
  being willing to learn, being willing to grow, and you're
• 21:50
  never too old. So let me repeat that, that
• 21:54
  saying again, this is the book and it's got like 500.
• 21:57
  If you guys like this, you can tell me in the comments or if
• 21:59
  you don't care about this stuff, just let me know.
• 22:02
  But if you like this, maybe once a week or so, I'll I'll read one
• 22:06
  of these because this book is full.
• 22:08
  This book should be called How to Avoid Pain because it's full
• 22:12
  of wisdom from people like Abraham Lincoln, Gandhi, all
• 22:17
  kinds of people, everybody. What's that guy, Benjamin
• 22:20
  Franklin, all those, all those types of people.
• 22:23
  Their strength does not come from physical capacity.
• 22:26
  It comes from an indomitable will, right?
• 22:30
  Like that same right. Like you're going to miss 100%
• 22:33
  of the shots you don't take. I want to read you the next one,
• 22:37
  but I'm not. I'm going to save that one.
• 22:38
  There's I mean, is this one's from Gandhi?
• 22:41
  I'll read it next time, OK. And that's kind of, you know,
• 22:44
  also relates to people that invest in precious metals.
• 22:48
  We've been through hack, we've been through fire together over
• 22:51
  the last what I've been, I've been in precious metals for 20
• 22:54
  years. We've been through some UPS, but
• 22:56
  a lot more downs, a lot more challenges.
• 22:59
  And a lot of us stuck through it and had a strong will knew that
• 23:04
  what we were doing, that we believed in it and that it could
• 23:06
  all work out. OK.
• 23:09
  So hey guys, as always, I I thank you for being here.
• 23:11
  All right, I do want to say thank you also to channel
• 23:13
  sponsor Ledger. They are the cryptocurrency
• 23:17
  hardware wallet security leader and Moon Pay, right?
• 23:21
  They're like a leading edge fintech company.
• 23:24
  You're going to hear a lot about both of these companies in the
• 23:26
  next 10 to 20 years. They are leaders in the in the
• 23:30
  crypto industry and Moon Pay continues to innovate, continues
• 23:34
  to grow. But most important, I want to
• 23:36
  say thank you for joining me. OK?
• 23:38
  It's a big deal when you join me down here in the basement.
• 23:41
  Be good to yourself and I'll see you soon.
• 23:44
  Bye, bye, bye.