Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨$1728 SILVER! - You MUST Hear THIS - Precious Metals Just Had a MAJOR CHANGE

Transcript

🚨$1728 SILVER! - You MUST Hear THIS - Precious Metals Just Had a MAJOR CHANGE · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:00
We are living through a game changing moment for silver.
0:05
There's a lot of reasons why we're going to cover them in
0:07
this video and a lot of examples.
0:10
We are living through silver history.
0:12
We're going to talk about the COMEX.
0:13
We're going to talk about $1700 silver right now.
0:18
We're going to talk about the biggest under the radar story in
0:21
the world of silver. And things are changing on gold
0:25
and silver on a worldwide basis, like a scramble like you've
0:29
never seen before. And this includes big people and
0:33
big governments. Let's get started by the Comex.
0:35
Is the Comex the electronic exchange that's kind of
0:39
dominated the silver pricing structure?
0:42
Is it dying? We have some fascinating data to
0:44
look at. We're going to start with
0:46
William Middlecoup who told us this silver short squeeze
0:52
update. We haven't talked about short
0:55
squeeze for a while, he says it's official.
0:57
Since 2024 on the Comex, the the four largest silver shorters
1:04
have been forced to close almost half of their Comex short
1:09
possessions. Open interest has been declining
1:12
significantly making the COMEX less significant compared to the
1:17
Shanghai Gold and silver exchange.
1:20
The price discovery mechanism has now clearly moved from
1:24
Chicago to Shanghai and this is what we're looking at on this
1:28
chart. This is the days of world
1:30
production to cover short contracts and as you can see a
1:35
couple very interesting things. Silver is right here, silver is
1:41
no longer #1 on this chart, which again gives us proof that
1:45
the that the things are changing at the COMEX OK.
1:49
It also shows that we've had aggressive short covering OK and
1:54
and the amount held OK. The red bar are the is the
1:58
bankers, the four big traders. The green bar is the 8 largest
2:02
traders that the smaller speculators are beginning to to
2:06
cover their shorts. So guys, things are changing
2:10
rapidly at the COMEX. We could indeed be experiencing
2:14
right now the death of the paper market as things move to
2:19
physical. We got a lot more to cover in
2:21
this video about silver that demonstrate to us in no
2:24
uncertain terms that the physical market is taking over
2:29
from the paper market, that the East is taking over from the
2:33
West. But now let's talk about $1700
2:37
silver. This is shocking, but it's also
2:40
very, very be real. And what we're talking about is
2:43
the 1980 price in silver adjusted for inflation.
2:49
Whoa, whoa, whoa, wait a minute. Not adjusted for what the
2:52
government tells us, but adjusted for the real inflation.
2:56
Wait. And we're going to look at gold,
2:57
the gold price too. Let's look at the chart 1st and
3:00
then we'll talk about this more in depth and why it is so, so
3:04
important. So we're going to head out to
3:08
goldfish charts that showed us the CPI adjusted gold versus the
3:15
SGS. I'll tell you what SGS is in
3:18
just one second. CPI gold for December.
3:21
CPI adjusted gold gives a 1980 high of $3788.00.
3:27
That's according to your government.
3:29
That's the 1980 high price in today's dollars.
3:32
According to your government, the SGSCPI adjusted gold rate is
3:36
a 1980 high of $37,361.00. Now let's move on to silver.
3:45
The CPI adjusted silver 1980 high price, OK based on the
3:50
government numbers would be $175 today.
3:54
But if you use the SGS methodology, you get an adjusted
3:59
silver price from based on the 1980 high of 1728 dollars.
4:06
OK. The SGS is the shadow government
4:09
stats I'm going to give you. We're going to learn.
4:11
We're going to go to school briefly here in a minute.
4:13
We're going to learn more about what the shadow stats really is
4:16
and where they come up with these numbers.
4:18
But let's look at these charts first.
4:20
The first chart that we are looking at, and I'm sharing the
4:24
wrong screen. There we go.
4:26
I'm sorry about that guys. I just read you what was going
4:29
on now. You should be on the right
4:31
screen. I apologize.
4:32
This is the gold price versus CPI, OK.
4:37
And as you can see at the 1980 high right here on this one, I
4:42
won't circle them on all these. So we got more to look at is
4:44
only $3700. That's because the government
4:47
CPI is gets called into question very, very low.
4:52
OK, now if we go and look at Yep, sorry about that, we are
4:58
all over the place. This is gold versus the the
5:02
shadow government stats, CPI numbers.
5:05
And as you can see right here on this chart, the 1980 high using
5:10
the real inflation levels for gold would be the equivalent of
5:15
37,000 / 37,000 dollars. Let's get the silver.
5:20
That's where it gets even more interesting and here we go.
5:25
This is silver versus the government's.
5:29
Hold on here. There we go.
5:31
Silver versus the government CPI numbers and we get a 1980 high,
5:36
OK, this is 1980 down here of $175, which hates that sounds
5:41
good, right? We're what about $85 in the
5:43
silver market right now. However, if we use the shadow
5:48
stats number and we're going to learn what the shadow stats, how
5:50
they calculate that in just one second.
5:53
We use the shadow stats number. This is where it's shocking
5:56
silver versus the SGS. And again, that's shadow
5:59
government stats and we go down to 1980 on there in the bottom
6:03
of the chart. We get an equivalent price right
6:07
when you adjust that 19 eighty $50 silver price for the shadow
6:12
government stats of $1728. Now let's look at what SGS is
6:19
Shadow stats is. Shadow Government stats is a
6:22
website run by an economist, Walter J Williams, that
6:25
calculates economic data using historical government
6:30
methodologies rather than the current quote UN quote official
6:35
standards. Williams argues that the Bureau
6:38
of Labor and Statistics, that's who puts out the official CPI
6:41
numbers, has altered its formulas since the 1980s and
6:45
1990s to artificially lower reported inflation.
6:50
OK. And then it goes into common
6:51
differences. But basically what they're
6:53
saying, look, guys, if you take that 1980 silver price and
6:57
adjust it for the real inflation, if you'd use the same
7:01
methodology to calculate inflation that they used in the
7:05
70s and 80s, we would have $1728.00 silver.
7:11
And I want you to think about it for a second, but my story is in
7:15
1980, I was 10 years old. I was thinking about this
7:18
earlier while I was digging into these numbers.
7:21
Back in 1980, a quarter, if you were alive like I was, a
7:25
quarter, $0.25 would buy you a soda, would buy you a big candy
7:29
bar, would buy so much, right? And today, those same things, a
7:33
soda out of a soda machine or a pop, whatever you call it, or a
7:37
candy bar, are like $2.00. When I go to the grocery store
7:40
and see what they want for a Snickers candy bar, you know,
7:43
$2.00. So this is real.
7:44
And I dug in. I asked AI, Google AI to
7:48
recalculate these numbers. These are real numbers.
7:51
If you take that $50 silver price from 1980 and apply real
7:56
live, real world inflation numbers, I mean that is it has
7:59
been what, 40-6 years? You get a price today.
8:04
That 1980 price in today's dollars would be $1728.00.
8:11
OK, we're going to talk about the biggest and silver that's
8:14
under the radar right now. OK, This is the this is a story
8:19
that nobody else is talking about.
8:20
And I'm telling you, please, in five years, you're going to
8:23
remember that. We talked about it now and what
8:26
a major, major story it was in the world of gold and silver.
8:30
And we got more news coming out in this arena from New Zealand.
8:34
And what I'm talking about is tokenization of silver and gold
8:39
that is backed up by real world silver and gold in a vault.
8:43
Let's go to New Zealand and get the latest on this.
8:46
And it's fascinating the developments that we are seeing
8:49
in the world of tokenization. And then I'm going to tell you
8:52
whether you whether you like tokenization, crypto, whatever,
8:55
doesn't matter, guys. This is going to be a massive
8:58
wave of demand for physical silver and gold.
9:02
Techmed, which is a big company, is launching tokenized gold and
9:07
silver bullion in New Zealand. All right, now let's just look
9:11
at a few of the details and why this is so important.
9:14
Techmed has selected Commonwealth Vault, a leading
9:18
bullion storage provider with vaults in New Zealand and
9:21
Australia as their preferred vault provider.
9:25
Guys, every one of these tokens, digital tokens that are created,
9:30
it's a digital token, but it's backed 100%.
9:33
But no, I'm not. I'm sorry, but I'm off today.
9:39
There we go here. Let's go back to the top guys.
9:42
Welcome to thank you upstairs, Susie, for saving me.
9:45
There's tech Med, there's the beginning.
9:47
What I just read you and then I'm not going to repeat, but
9:50
they're using one of the best bolts in New Zealand.
9:53
And the big, big take away here is this is real metal that's
9:58
going to be stored in real vaults and it's going to create
10:00
massive demand for silver and gold in red.
10:03
Each gold in Z Token represents 1 Troy ounce of investment grade
10:09
gold, while each Silver in Z Token represents 1 Troy ounce of
10:16
silver, both fully allocated and segregated in Commonwealth Vault
10:22
Secure New Zealand facilities. Token holders maintain
10:26
beneficial ownership rights under a bare trust structure
10:30
while enjoying the liquidity and efficiency of blockchain
10:34
technology. This is the future and this is
10:40
the future for silver and gold. OK, I look, I love the, I love
10:44
holding physical metal, no doubt about it.
10:47
But tokenization is going to create massive, massive demand.
10:52
And, and think about it, right? Think about, think about it like
10:54
a bank account. And I, and I think this will
10:56
make more sense to you, right? If you have cash, let's say you
11:00
have $20,000, are you going to keep all that cash stacked up at
11:05
your house? No, you're going to keep it in a
11:07
bank, right? Like I'm, I'm not a big fan and
11:09
a Fiat money, but I have a bank account.
11:11
I need a bank account. I keep cash in a bank, right?
11:14
When I look at the app on the phone and it shows dollars in
11:18
there, those are digital dollars that are represented by quote,
11:22
UN quote, real cash that's in the bank.
11:25
OK, Most of us trust banks enough that we keep a certain
11:28
amount of our liquid dollars in the bank.
11:31
But think about this. We're willing to trust that bank
11:34
app and those digital dollars. The actual bank that we have our
11:39
bank account in doesn't even really have all those digital,
11:42
all those real dollars in their vault.
11:45
You know that like that story, that Christmas movie about the
11:48
Christmas story, right? They might have, I don't know,
11:51
5%. It's called fractional reserve
11:53
banking. But with these tokenized silver
11:56
and gold products, each token is absolutely represented by 1
12:01
ounce of silver, one ounce of gold.
12:04
And there are big benefits to this, right?
12:06
Like you can travel with it, You can you can trade it without
12:09
paying massive commissions like you do at a coin shop or
12:13
anything else. You can sell small fractional
12:15
amounts. So it, whether you like crypto,
12:19
tokenization, any of that or not doesn't matter.
12:21
The big point here is that this will catch on more and more.
12:25
It's really the best of both worlds of the digital world and
12:29
the real world. OK, I digress.
12:30
That's my opinion. That's what I see coming.
12:32
I see a lot more good coming. We got big.
12:38
Are you part of the smart money or the dumb money?
12:40
We're going to cover that in a little bit.
12:41
We're going to talk about this worldwide scramble on a big
12:45
world for metals, for silver, silver in particular.
12:48
It's getting very, very interesting.
12:50
Even did the US government invest in silver mines?
12:54
We're going to talk about that. Before we do that.
12:56
I have a special sponsor today for this video, Kootenai Silver,
13:00
and I got a little video for you to watch.
13:02
There's a lot of great information in there about the
13:04
company, but also about what's happening right now in the
13:07
pressure metals market. I will be right back.
13:11
I'm going to four incredible pieces of data that show us the
13:17
potential upside that is still intact and remains with precious
13:22
metals. First, gold still covers only 3%
13:25
of government debt. To go back to the 1980 ratio,
13:29
gold would need to be priced for over $25,000 per oz.
13:35
Next, history shows that after every major geopolitical event,
13:39
like with Iran, gold is the best performer in the six month
13:43
period that follows. Third, institutions now know
13:46
that tariffs will remain in place, so the dollar sell off is
13:50
likely to continue. And finally, in 1968 and in
13:55
2000, the two previous times that US equities were this
13:59
overvalued Silver Sword 2500% and 1200% in the decade that
14:05
followed. What will happen this time?
14:09
1 billionaire who called the 2000 silver market is Mr. Eric
14:13
Sprott. He stands as one of the most
14:15
legendary figures in precious metals investing.
14:18
To me, his name is synonymous with unwavering conviction in
14:22
gold and especially silver. He founded Sprott Asset
14:26
Management, growing it into a global powerhouse managing
14:30
billions and precious metals focused funds, including some of
14:33
the world's largest physical silver trust.
14:36
He now predicts silver could reach 150 to $300 plus in this
14:42
cycle. I can believe that the it's gold
14:47
silver issue should go back to 15.
14:49
OK, it's only mined at 8:00 to 1:00, right?
14:52
It's in the Earth's Crescent, like 10 or 11 to one.
14:55
Why in the hell should I should it have traded at 100 to 1?
14:58
And it's already down at what, 6768 to 1?
15:02
I think it's going right to 15. One to 15.
15:04
OK, so let's say if the gold price is 4500, which is near
15:08
makes the the the calculation easy.
15:11
Silver should be at $300. That's where it should be.
15:16
That's without a physical shortage.
15:17
OK. Now we throw the physical
15:19
shortage on top and the shortage of silver stocks to buy.
15:23
I mean it just the runway is so wide open that I can see nothing
15:30
but clear sailing for silver. I looked at which companies that
15:33
Eric Spratt is a shareholder of where the main metal is silver.
15:38
Pure plays on silver and there's very few of those.
15:42
Eric Spratt owns roughly 4% of Kootenai Silver, the sponsor of
15:46
today's video and our newest Pureplay Silver for 2026.
15:52
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16:01
Back in mid 2025, when Silver's price was half of what it is
16:06
today, these two analysts published these price targets
16:10
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16:16
Red Cloud with $3.20 Canadian, which is the equivalent of
16:20
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16:26
from when this was published. Kutney shares are about $1.37
16:32
U.S. dollars. Conduct your due diligence on
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16:41
containing one of the largest resources of any junior
16:45
explorer. Kootenay Silver captured my
16:48
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16:51
First, Kootenay Silver owns 4 silver deposits.
16:55
Quality silver assets are scarce, yet Kootenay Silver owns
16:59
four of them. They are proving to be the
17:02
exception, A staggering 223 million ounces of silver
17:06
equivalent in the measured and indicated category and an
17:10
additional 111 million oz silver equivalent in the inferred
17:15
category. The physical shortage and
17:17
deficits are mounting as well. The global silver market has
17:21
entered its 6th consecutive year of structural deficit, with the
17:25
2026 shortfall projected at 67,000,000 ounces.
17:31
This chronic imbalance follows a massive 2025 deficit of 149 to
17:37
230 million oz, contributing to an accumulated gap of nearly 900
17:44
million oz since 2021. Only a handful of companies
17:49
globally control deposits of this scale and grade.
17:54
This is the most important piece of information I can share with
17:57
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17:59
Silver's President and CEO, is definitely ready for this bull
18:04
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18:06
James McDonald, now CEO of Kootenai Silver, played a
18:10
pivotal role in creating Alamos Gold Inc, a company that
18:14
delivered quadruple digit returns during the early to mid
18:18
2000s gold bull market. From its inception in 2003
18:23
through 2012, the company's share price soared dramatically,
18:27
rising from penny stock levels to well over 10 to $15 by the
18:32
early 2010's peak, multi 1000% gains for early shareholders.
18:38
Kutney Silver is a pureplay silver.
18:41
The company is positioned so well for this bull market with
18:45
James McDonald leading it, and in 2020, still a full 2 years
18:51
before the company's most successful drill hole, which was
18:54
done on September 8th, 2022, Eric Spratt bought shares for
18:59
$4.00 Canadian, double their current price.
19:03
And in 2025 Eric Spratt added more shares.
19:07
I'll show you black and white mathematical valuations below.
19:11
As you can see as of January 1st, 2026, when comparing
19:16
between various silver companies, their enterprise
19:19
value which is their market cap that when deducting cash and
19:23
debt divided by the size of their resource ounces of silver
19:27
equivalent. We see the Kutney silver is
19:30
priced at only $0.36 per ounce of silver equivalent, whereas
19:35
the average of the select 15 companies is $2.18 per oz.
19:41
With silver above $70 per oz and with global all in sustaining
19:46
cost of mine silver sitting just below $25 per oz, the viability
19:51
of advancing projects into production is far higher than
19:56
one year ago, and Kutney Silver is scheduled to drill about
20:00
70,000 meters. In the coming 12 months, as you
20:04
can see, no other silver company has so much drilling planned and
20:09
underway with that low of a market cap.
20:12
Research Kutney Silver and do your homework on it as we are in
20:16
a silver bull market that is front and center guys up up
20:24
here. We are welcome back.
20:27
We got a lot more to talk about, big money, smart money coming
20:29
into silver, big money, smart money talking about silver and
20:34
on top of that, the US government, are they getting
20:37
into silver mining? I want to say thank you again to
20:39
Kootenai Silver for sponsoring this video.
20:42
Please remember, I'm not a financial advisor.
20:44
Always do your own research. But let's talk about the big,
20:47
smart money that's doing big things with silver and what is
20:51
the not so smart money doing? Some people call it the dumb
20:55
money. I don't like to use that word,
20:57
but that shows us something very important of where we are right
21:01
now in this silver bull market. Let's pull this one up.
21:05
We have a great, great piece of information from metals and
21:10
miners talking about the great silver Divergent professionals
21:15
are draining the COMEX. We looked at that earlier every
21:19
single day. I think the registered
21:21
inventory, the actual metal at the COMEX has been down like on
21:25
average 20 million oz per month over the last six months.
21:29
While retail is selling, they they have another term for that
21:33
that we're not going to use the not so smart money, not you, not
21:37
me, right, But overall retail and wait till you hear this
21:41
data. Another reason why silver is
21:43
going much higher in blue. Excuse me?
21:47
One of the most powerful signals in any market is a major
21:51
divergent between the smart money and the retail crowd.
21:56
Right now, we are witnessing one of the most profound divergences
22:02
in the silver market in over a decade.
22:05
While professionals, institutional buyers are quietly
22:09
and relentlessly draining physical silver from the Crimex
22:14
warehouses, retail investors are more bearish than ever, dumping
22:20
silver backed ETFs and driving the spot.
22:23
Physical silver Trust the PSLV. That's the they they call them.
22:29
What's the it's the Canadian ETF that invest in real physical
22:33
silver to a steep discount in red.
22:36
This is not a minor anomaly. It's a glaring flashing signal
22:41
that the real physical drill driven silver bull market has
22:46
only just begun. Now here we go.
22:50
This is interesting. What you need to know.
22:52
The smart money is taking delivery and that's very obvious
22:56
to us because registered deliverable silver inventories
22:59
at the Comex have been in a steep decline.
23:01
A clear sign that large buyers, cuz that's who buys on the Comex
23:06
and takes delivery, are demanding physical metal, not
23:10
cash. That's common sense, right?
23:12
That makes total sense. But retails asleep at the wheel.
23:16
The Spratt Physical Silver Trust is trading at an almost 6
23:19
percent discount to its net asset value.
23:22
This is direct real time measure of retail sentiment.
23:26
It shows that retail investors are net sellers, not buyers of
23:30
physical silver. But here's the whopper.
23:33
OK, this is the opposite of 2011.
23:37
The big 2011 run up in silver of the silver bull market peak was
23:43
driven by a frenzy of Western retail buying.
23:47
During that time, the PSLV traded at a massive premium,
23:52
averaging 17.3% for the full year as investors chased
23:59
physical silver at any price. This is a huge deal guys because
24:04
think about it, what we've had go on in the silver market going
24:08
from $30 to $85 over the last what, 6 months basically has
24:13
been driven by big institutional buyers.
24:17
And wait till you hear the data. We're going to look at next
24:20
about what's going on with a worldwide scramble for the
24:23
metals. But think about the turbo secret
24:26
under the radar. Not only do we have
24:28
tokenization, but no, another major thing is when the Western
24:32
retail investor does wake up the flood of money, it's going to be
24:37
like trying to drain Hoover Dam with a garden hose.
24:41
We what we've done to this point, what we've experienced in
24:45
the silver market to this point has been with a glaring absence
24:50
of investors from the West. And it can't really get much
24:54
worse than it was than it is. It's gotten a little better, but
24:57
it's still real bad. Your neighbors, OK, the other
25:01
98% of people in the West or wherever you live in the West,
25:06
if you're in the West, some of you are everywhere.
25:08
We're all over the world that that join me down here in the
25:11
basement. But you know, all, all 98% of
25:14
people don't understand metals don't own metals.
25:17
They just, they like paper Fiat money.
25:21
I like paper dollars. I like paper yen, I like paper
25:25
EUR, whatever. When those people wake up who we
25:28
affectionately like to refer to as the sheeple, when they wake
25:36
up and come running and want to get in, that's what happened in
25:40
2000. But basically what happened in
25:42
2011. We've got like 20%, maybe 15% of
25:47
that. It could get real interesting
25:49
real quick. Do what?
25:50
But we have that. It's starting because other big
25:54
people are starting to pay attention to the precious metals
25:59
market. Let me show you this as some
26:01
great proof as to what's happening there.
26:04
This one blew me away. OK, you read this right, but I'm
26:08
going to tell you why this should blow you away.
26:10
Here's a post from Coin Telegraph.
26:12
Very simple. Huge, huge news.
26:15
People's Bank of China extended its gold buying streak to 16
26:21
months. Hey, that's big news, right?
26:23
Right, China. No, that's not the big news.
26:26
The big news is who's talking about this?
26:29
Who published this post? Which is absolutely stunning
26:33
because Coin Telegraph has three million, OK, 2.9 million people
26:40
that follow them. And Coin Telegraph is a quote UN
26:43
quote trusted crypto media source since 2013, news,
26:49
research, podcast and more. That's a crypto media outlet
26:54
that is talking. I mean, the news about China is
26:57
great, but think about this, guys.
26:59
This is a big, massive account. And it's not just them.
27:03
We're seeing example after example of influencers, smart
27:08
people who six months ago could care less about silver and gold
27:12
from all different niches, from political niches though, I mean,
27:16
and they're all starting to say, wow, look at silver, wow, look
27:20
at gold when that starts to catch on.
27:23
And that's really we are in the second or third inning right
27:26
now, right when the Western investor, if they even do half
27:30
as much, right, you're those people, those sheeple that we
27:34
talked about earlier, do half as much as they did in 2011 as much
27:40
as they did in 1980. It's going to be crazy.
27:43
And think about this, because this is gets even more exciting
27:46
when you consider the fact that when when these people catch on,
27:50
it's going to happen like wildfire because the world that
27:54
we live in right now where information is shared instantly,
27:58
where people can make purchases instantly.
28:02
Think about it when when people start to win the win A and look,
28:05
I don't have a crystal ball, but if or when it happens, when
28:11
people start to really create a mania around the metals in the
28:16
West, that information in 1980, even in 2011, right information
28:21
people would would talk at work or pick up their telephone and
28:25
you know, dial the phone and say, did you hear about gold and
28:28
silver? Did you read about it in the
28:30
newspaper today? There's an article in the paper,
28:34
right? No, Now you got these things.
28:38
Information gets shared instantly.
28:40
But even more critical is that when people start to wake up and
28:45
they want to get gold and silver, oh, they can use these
28:47
things to buy gold and silver instantly as well.
28:52
It could go lickety split. I mean, and we've seen this
28:56
happen. It happened a little bit
28:57
recently. It happened during C-19.
29:00
It happened before where there's no physical metal available
29:03
because literally right right now, we could open this up and I
29:07
could buy 100 ounces of silver in the next two minutes.
29:11
You couldn't do that in 1980. You had to get your woody wagon,
29:15
right? Take, take honey.
29:16
I'm going to take the kids to the coin shop.
29:18
We're going to buy some silver, you know, go to the coin shop
29:21
and wait in line for an hour, right?
29:24
And then find out that they didn't have any silver left.
29:26
So think we're living in a different world, a new world.
29:29
We got a worldwide scramble. This is interesting.
29:32
Is the United States government the United States?
29:35
Well, I'm going to say it. United States government getting
29:38
into the silver mining industry. You be the judge.
29:41
But this is a worldwide scramble for metals.
29:44
OK, The Trump team, we're going to start with Venezuela.
29:47
Let's see what's happening here. This is big news and again, with
29:51
everything else going on, it's not getting the attention that
29:55
it should be getting. Let's make sure I got the screen
29:57
up, which I do. I apologize earlier for having
30:00
the wrong screen up. I appreciate you guys being with
30:02
me down here in the basement. Basement dwellers the Trump team
30:06
brokers a gold deal with Venezuela up to 1000 kilograms
30:14
which yeah, each kilogram has about 32 oz Troy ounces in it is
30:19
headed to U.S. markets. This is a big, big deal, OK.
30:24
The agreement first reported on Axios involves the sale of
30:27
between about 1000 kilos of gold, which are semi refined
30:32
blah blah blah, from Venezuela's state owned mining company Min
30:37
Minarinven Minarinven anyway to the global commodities trailer
30:42
Trafigiora. The gold is destined for
30:44
refineries in the United States, marking a shift in Venezuela
30:49
resource exports towards America.
30:53
Now let's think about this on a big worldwide scramble for
30:57
precious metals basis and then we're going to talk about silver
31:00
in some shocking news about the US government and silver.
31:03
But Josh Phillip Fair who is the CEO and Co founder of Scottsdale
31:07
met if I have that correct, yes, had something very important to
31:11
say. The Venezuela deal for the USA
31:14
is much bigger than a single $150 million buy.
31:18
What was formerly sanctioned and flowing to Russia and China is
31:23
now being diverted to the United States.
31:27
Massive change that signals more to come. the US is squeezing
31:33
metal flow away from the Chinese.
31:36
Guys, there is a oh hold on, I may have lost you.
31:39
Hopefully you can still see me and hear me.
31:43
I, I can see you. Can you see me?
31:47
There's a massive, massive change going on in the world
31:51
right now in the, in the, in the, in terms of people
31:54
scrambling for these medals like nothing before.
31:58
China and India are scrambling to get as much as they can. the
32:01
United States is scrambling to get as much as they can.
32:04
What about silver? Major announcement this week
32:07
with the United States government announcing an initial
32:10
investment of $5 million into a Peruvian silver project called
32:15
Cerro de Pasco, $5,000,000. But the potential for as much as
32:20
$300 million to be loaned for this Peruvian silver mining
32:26
project. What's interesting about it is
32:28
this project, Cerro de Pasco was one of the world's biggest
32:31
silver mines ever. It's was in operation since the
32:34
1600s. JP Morgan himself was a big
32:39
investor in this project, like 120 many years ago.
32:43
It had so much silver in it that they wouldn't even mind a lot of
32:47
the ore they dug up. They would just kind of set it
32:50
aside. And now there's massive, massive
32:53
amounts of ore on the ground that still contains significant
32:57
amounts of silver. the US government is investing in this.
33:01
OK, let's look. I'll give you a proof right
33:03
here, right now, Cerro de Pasco, it's located in the Central
33:10
Highlands. Hold on.
33:11
Yep, we got you up, up Peru, about 300 kilometers, that's
33:17
1000 meters north of Lima. OK Regarding U.S. government
33:22
involvement this is what we want to get to recent investment and
33:25
this is breaking news in March of 2026 the US International
33:29
Development Finance Corporation, the DFC I've never heard of that
33:34
before it must be new signed an agreement to prop to provide up
33:38
to 5 million in development funding to Cerro de Pasco
33:41
resources potential loan. The DFC is also considering a
33:45
long term direct loan of up to $300 million to to to support
33:52
the construction of the Quilo coca tailings project.
33:57
The US government, you know, right, having recently included
34:01
silver in the list of critical minerals, is scrambling to get
34:05
its hands on metals. OK, It's a big deal.
34:09
We got a lot going on. Hey, the biggest deal is that we
34:12
are in for great, great times ahead in the silver and gold
34:16
markets. And I really want to say thank
34:18
you for coming down here and enjoying this time with me in
34:21
the basement. You are the most important part
34:23
of this. Please, if you've enjoyed your
34:25
time and you want to come back, hit that subscribe button.
34:28
I super appreciate you. Have a great day and I will see
34:32
you. Yes, see you.
34:34
I'll see you soon. Take care.