Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 🚨$1728 SILVER! - You MUST Hear THIS - Precious Metals Just Had a MAJOR CHANGE

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🚨$1728 SILVER! - You MUST Hear THIS - Precious Metals Just Had a MAJOR CHANGE · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 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
  The ticker symbol is KOOYF and it's available on Schwab,
• 15:58
  Fidelity, Interactive Brokers and E*Trade.
• 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
  for Kootenai Silver Research Capital with $2.70 Canadian and
• 16:16
  Red Cloud with $3.20 Canadian, which is the equivalent of
• 16:20
  roughly two US dollars today, with silver up more than 100%
• 16:26
  from when this was published. Kutney shares are about $1.37
• 16:32
  U.S. dollars. Conduct your due diligence on
• 16:35
  Kootenay Silver Symbol K0 0YF, which owns 4 silver projects
• 16:41
  containing one of the largest resources of any junior
• 16:45
  explorer. Kootenay Silver captured my
• 16:48
  attention because of the following catalyst.
• 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
  you right now. James McDonald, Kootenai
• 17:59
  Silver's President and CEO, is definitely ready for this bull
• 18:04
  market in commodities. Check this out.
• 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.