Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Gold & Silver Investors! 🚨 - THIS is BIG! - (Precious Metals Price NEWS Update)

Transcript

🚨 Gold & Silver Investors! 🚨 - THIS is BIG! - (Precious Metals Price NEWS Update) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  We can look forward to big days ahead. 4 silver, 4 gold for the
• 0:06
  precious metal mining stocks. We're going to talk about all
• 0:09
  the reasons why in this big update video today.
• 0:14
  But first, thank you for being here.
• 0:15
  Thanks for being part of the basement.
• 0:17
  You've chosen to spend your time here.
• 0:19
  I hope you feel like you found a little home away from home.
• 0:22
  Don't forget, please subscribe to the channel, leave a comment
• 0:26
  in the comment section. Trust me, a lot of people don't
• 0:29
  agree with me, if that's OK. You can read all about it down
• 0:32
  there in the comments. But let's start with something
• 0:35
  very fun. Let's talk about Silver 10X, and
• 0:39
  let's go check out what our friend Digger has to say and why
• 0:42
  this could be a distinct possibility.
• 0:45
  I hadn't seen it put quite this way.
• 0:49
  Digger says it's clear that silver.
• 0:53
  Here we go. Here we go.
• 0:55
  It's clear that silver's about to break out on the yearly chart
• 0:58
  and the cup and handle pattern. So now we're talking about where
• 1:03
  we close at the end of this year.
• 1:05
  We're already in July, guys. If we are look at this chart
• 1:09
  able to do a yearly close about where we are right now or
• 1:14
  possibly a little bit higher. We have definitely then on
• 1:18
  another time frame broken out of this.
• 1:21
  What is Epic cup and handle pattern.
• 1:23
  Of course, for those of you who don't know, well, he's got it in
• 1:26
  blue, but we'll follow it along here.
• 1:29
  There's the cup and there's the handle and it goes all the way
• 1:33
  back to 1980, which is 45 years old.
• 1:37
  These are yearly candles. So each one of these blocks
• 1:41
  represents A yearly close in the silver price.
• 1:43
  And if you look at it on a yearly basis, right, everybody
• 1:47
  says, oh, silver got the 50 that's on a daily basis.
• 1:50
  On an annual basis, the the R.E.M.
• 1:53
  Or the of the line that that that determines the cup and
• 1:57
  handle is closer to here, closer down to where we are right now
• 2:02
  in the silver price when we break out of this.
• 2:05
  That's why he's talking about a silver price.
• 2:08
  I believe his target up here is about $238 per oz, but but we
• 2:16
  will have to see what the rest of the year brings.
• 2:19
  We do know and we're going to look at the the most recent
• 2:21
  silver chart toward the end of this video.
• 2:24
  Do you feel that silver and gold for that matter, had been
• 2:27
  consolidating here for a while, building a platform from which
• 2:31
  they can? And I believe, just my opinion,
• 2:34
  I'm not a financial advisor, don't make any financial
• 2:37
  decisions based on anything that I say.
• 2:39
  I'm just a guy in his basement who loves to talk about silver
• 2:43
  and gold, but I believe we could be in for some really heady
• 2:47
  times. And let's look at some big
• 2:49
  reasons why right now. What about the Swiss banks?
• 2:54
  Remember, I'm 55 years old. I don't know how old you are,
• 2:57
  but when I grew up was always like, oh, the Swiss bankers, the
• 3:00
  secret Swiss bankers. Let's look at what the world's
• 3:04
  biggest Swiss bank is saying about silver in particular.
• 3:08
  And then we got news from hedge funds, southern wealth,
• 3:11
  sovereign wealth funds, central banks, and news about the Fed
• 3:15
  tomorrow as well. But let's go out here to
• 3:18
  investing.com and see what they're telling us about silver.
• 3:23
  Silver price outlook UBS. And I need to share the same.
• 3:29
  There we go. OK, Silver price outlook, UBS
• 3:31
  updates its price targets. Oh, really?
• 3:34
  OK. And then we're going to talk
• 3:36
  about who UBS is and why we need to pay attention to this.
• 3:39
  There's a reason why UBS strategist they're not analysts,
• 3:44
  they're strategists. Raise their forecast for silver
• 3:47
  prices to $42.00 an ounce across all tenors through June of 2026,
• 3:55
  siding stronger investment demand and a recovery in
• 3:59
  industrial activity. Guys, it can go way higher than
• 4:03
  that. Because when we do see the
• 4:05
  Western investor come back in full force, check, right?
• 4:09
  We know China, right? There's demand for silver,
• 4:12
  massive check, India check. When the Western investor comes
• 4:16
  back, it is going to, but it's going to open the floodgates.
• 4:19
  It's going to be like it's going to ruin the COMEX in the LBMA.
• 4:23
  It's going to be like trying to drain Hoover Dam with a garden
• 4:28
  hose. And I want to give credit to
• 4:29
  that guy, that analyst, somebody else made that up.
• 4:31
  But I love that because that's the situation that we're looking
• 4:35
  at. Short squeeze and silver.
• 4:37
  Has that ever happened before? Yes.
• 4:40
  Are we set up for a short squeeze like never before?
• 4:43
  Yes. Wait till we look next.
• 4:44
  We're going to look at some recent short squeeze type data
• 4:48
  here in one second. But first let's talk about the
• 4:51
  Swiss banker UBS. Why do we want to listen to the
• 4:54
  Swiss bank? There are global investment bank
• 4:57
  and financial services firm headquartered in Switzerland.
• 5:01
  Remember that Swiss bank accounts, it's one of the
• 5:03
  world's largest wealth managers and a leading universal bank in
• 5:09
  Switzerland, also offering asset management and investment
• 5:12
  banking services to a wide range of clients worldwide.
• 5:16
  So we have one of the world's biggest banks telling us silver
• 5:20
  is heading much, much higher. And we know they're under
• 5:23
  estimating it's even going to go higher than that.
• 5:26
  But let's look at some data that could indicate to us that we
• 5:29
  could be heading into the short squeeze.
• 5:32
  Another piece of the puzzle. This one was shared by Albert
• 5:36
  Herney, chartered financial analyst.
• 5:38
  Shorting SLV to zero. OK, Short volume spikes to 30
• 5:44
  million + 1,000,000 shares, close to an all time record
• 5:49
  high. That's PSLV.
• 5:50
  I'm sorry I didn't mention that over there on the left.
• 5:53
  Let me circle that. It's kind of hard to see, but it
• 5:55
  does say PSLV. That is the Spratt Physical
• 6:00
  Silver Trust. OK, That's the Canadian version
• 6:03
  of Rs SLVETF. Here in the United States,
• 6:07
  however, the Spratt Physical Trust is known and people are
• 6:11
  much more confident. There's some suspicion about the
• 6:14
  SLV, but the PSLV, there's much more confidence.
• 6:17
  They actually do own all the silver physical silver that they
• 6:21
  purport to own. People trust PSLV is the general
• 6:25
  consensus. I'm not saying anything, but
• 6:27
  that's the general consensus. But short volume is at an all
• 6:32
  time record high. Hold on here.
• 6:35
  Did you see that? Did you catch that all time
• 6:39
  record high? And we know that on the COMEX in
• 6:43
  the LBMA, there's also historic levels of shorts in the market.
• 6:48
  So, guys, we could easily be heading toward toward a short
• 6:52
  squeeze situation in the silver market.
• 6:55
  However, that's been predicted for decades and is really yet to
• 6:59
  really materialize. But it can.
• 7:02
  And many people think the smartest analyst think that it
• 7:04
  will indeed happen. But let's talk about the
• 7:07
  precious metals through the eyes of some other big players.
• 7:11
  We're going to talk about central bank, southern sovereign
• 7:13
  wealth funds, and we're going to talk about hedge funds.
• 7:15
  What did Ray Dalio say? Ray Dalio, right, the founder of
• 7:19
  Bridgewater Capital, started out of an apartment, one of the
• 7:22
  richer men in the world, Bridgewater Capital, if not the
• 7:25
  biggest, the most respected hedge fund in the world.
• 7:28
  And listen to what Ray said. This comes from our friend Make
• 7:32
  gold great Again. This is just recently Ray Dalio
• 7:35
  said, quote, if you were neutral, you didn't have a point
• 7:41
  of view and you are optimizing your portfolio for the best
• 7:44
  return to risk ratio, you would have about 15% of your money in
• 7:49
  gold or Bitcoin. I'm strongly preferring gold to
• 7:53
  Bitcoin, but that's up to you. There we have it, right guys?
• 7:58
  The smartest people in the room continue to tell us the precious
• 8:02
  metals are our life raft. Now let's go look at what the
• 8:05
  central banks are doing and why do we pay attention to the
• 8:10
  central banks. I'm going to tell you right now
• 8:12
  why we pay attention to the central banks because they are
• 8:15
  the most in the know. You think those Swiss bankers
• 8:18
  know a lot? You think those hedge fund gurus
• 8:22
  like Ray Dalio don't know a lot? The central banks, they control,
• 8:26
  right? They control the puppet show
• 8:28
  basically. So when they are doing
• 8:30
  something, we want to definitely pay attention.
• 8:33
  But before we do that, I do want to say thank you to our channel
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  Not only is it the freshest silver on the market, not only
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  is it beautiful silver, but it's never touched by the Comex or
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  It is absolutely beautiful, probably the most robust.
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  I love holding this in my hand like the most robust 5 oz bar
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  Excuse me, awesome products that they make.
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• 10:37
  What are the central banks doing?
• 10:39
  The central bankers. And then we're going to talk
• 10:41
  about Jerome Powell later because tomorrow's a massive
• 10:44
  Newsday for the world of precious metals.
• 10:48
  But when we go out here and take a look at what the central banks
• 10:51
  are doing, and that's not it, this is it.
• 10:55
  Here we go from make gold great again.
• 11:00
  I love this guy, he says. Reminder, every central bank on
• 11:05
  earth is buying gold right now. This is the funny part.
• 11:10
  Your financial advisor is quite the contrarian.
• 11:15
  So, so we know that all the data coming through relating to
• 11:20
  central banks, the most sophisticated, the most in the
• 11:23
  know in the world of finance, Fiat money, but we're Fiat
• 11:27
  fighters of silver and gold. But the but the central banks
• 11:31
  are buying gold handover fist. Don't listen to what they say.
• 11:37
  Watch what they do. Think about it, right?
• 11:40
  You know people like that in your life, right?
• 11:42
  They say one thing, they do something else.
• 11:44
  You learn real quickly. Watch what they do, not what
• 11:47
  they say. Let's apply that same logic to
• 11:49
  the world of central banks. The world central banks are
• 11:51
  buying gold hand over fist. And I got to give make gold
• 11:56
  great some credit. Let's give him a thumbs up,
• 11:58
  guys. Well, that's pretty darn funny.
• 12:00
  Your financial advisor at the Tranfi Traditional Finance
• 12:04
  Company is quite the contrarian. They don't The reason why you
• 12:08
  know why they don't talk about gold and silver at these big
• 12:12
  name brand financial services companies?
• 12:15
  Because they don't make any money off of it.
• 12:18
  If they put you in a mutual fund or whatever, they get a little
• 12:22
  Commission that goes on for years and years and years.
• 12:25
  Generally speaking, it's very difficult for them to pull that
• 12:28
  off in the world of precious metals.
• 12:30
  OK, we are contrarians, but we are also in the know about what
• 12:35
  real money is. We are the Fiat fighters.
• 12:38
  We don't believe in. We, you know, look, we love our
• 12:41
  country here. I love this.
• 12:43
  Let me show you this. It's been a while since we
• 12:44
  looked at this. We don't, we don't we're we're a
• 12:47
  little suspicious of this paper, right?
• 12:50
  This. Oh, this.
• 12:51
  Can this be printed? Yes.
• 12:54
  Right. But there's a reason why we
• 12:55
  don't like it. We like this here.
• 12:59
  That's upside down. Here we go.
• 13:01
  Let me show you that. OK, Look real closely.
• 13:05
  That's a dollar, right? No, it says at the very top
• 13:09
  silver certificate. And at the bottom it says this.
• 13:14
  I'll read it to you. It says $1.00 in silver payable
• 13:20
  to the bear on demand. I wonder if there's a year on
• 13:23
  here. I think there is 19 something 17
• 13:27
  anyway. Yeah.
• 13:28
  So you know, that's why. All right, let's get back on
• 13:31
  track. I apologize.
• 13:32
  Who else is buying are the SOB? So we've got the hedge funds, we
• 13:36
  got the world central banks. What about the sovereign wealth
• 13:38
  funds? Let's look at that, right?
• 13:40
  The big money controlled by countries, that type of thing.
• 13:44
  And we're going to go out to the Silver Academy for this one.
• 13:48
  And the headline was half of all SWS, that stands for Southern
• 13:56
  Sovereign Wealth Fund, plan to increase gold allocations in
• 13:59
  2025. Sovereign wealth funds are
• 14:02
  joining central banks and accumulating gold as a strategic
• 14:05
  reserve asset and hedge against mounting global risk.
• 14:09
  And we know what's good for gold is good for silver.
• 14:12
  What's good for the goose is good for the gander.
• 14:14
  All that great stuff. Here we go.
• 14:16
  Institutional investors think pension funds, funds, insurance
• 14:22
  giants and Middle Eastern sovereign wealth vehicles are
• 14:25
  entering the melee. Even hedge funds have amped up
• 14:29
  gold exposure. We looked at that a few days
• 14:31
  ago. Hedge funds are buying more and
• 14:33
  more and more gold. OK, magnetized by the metals
• 14:37
  resilience against inflation. Oh, I didn't realize it.
• 14:40
  Did you realize that the gold and silver protect you against
• 14:43
  inflation? They only been doing it for 4000
• 14:47
  years. Financial system tremors and
• 14:50
  mounting global risks. Goldback ETS have just posted
• 14:54
  their biggest inflows since 2020.
• 14:57
  That was during the C-19 crisis. Nearly 400 metric tonys, or
• 15:03
  about 38 billion, signaling a groundswell of confidence in
• 15:08
  gold's role as a bedrock amid worldwide volatility.
• 15:14
  OK, now it gets even and more interesting.
• 15:16
  This is a bone, a bonus. I didn't even tease for you
• 15:19
  guys, but how about silver in the 70s?
• 15:24
  You like the sound of that, but you don't know what I'm talking
• 15:27
  about. Silver in the 70s.
• 15:29
  Am I talking about the silver price in the 70s?
• 15:32
  Well, or am I talking about silver during the 1970s or are
• 15:37
  we talking about both at the same time?
• 15:39
  We're going to talk about that next.
• 15:40
  But I also want to say thank you to channel sponsor First Mining
• 15:46
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  They're moving these projects through the development stage.
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  It's exciting, right? Big opportunity for big
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  millions, 100 million plus has been spent on defining these
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  projects. The gold is in the ground.
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  Look, I'm not a financial advisor.
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  I'm not giving financial advice, but it's a stock that I've owned
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  for years and years. And I like the fact that I know
• 16:37
  that I've got gold in the ground in Canada.
• 16:40
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• 16:43
  What about the 70s? Well, here's big breaking news.
• 16:45
  Let me read this to you. The dollar, the US dollar, that
• 16:51
  paper thing that flew across the screen earlier is off to its
• 16:54
  worst start to a year since 1971, 1971, I was one year old.
• 17:04
  How old were you? That doesn't really matter.
• 17:07
  What matters is starting in 1971 through 1980, right when they
• 17:16
  had the, the, the, the a comparable horrible start to the
• 17:20
  year with the dollar from 7/19/71 to 1980, the price of
• 17:25
  silver and gold absolutely went through the roof.
• 17:31
  Now it might be hard for you to visualize that since we're down
• 17:34
  here in the basement together. And I'll tell you again, thank
• 17:36
  you for being here. Don't forget to subscribe to the
• 17:38
  channel. It's free.
• 17:40
  Give it a thumbs up, leave a mean comment in the comment
• 17:43
  section. But in the 1970's, the last time
• 17:46
  the dollar collapsed like this to the to start the decade, the
• 17:50
  price of gold and silver went through the roof.
• 17:52
  And why? Well, those of you who've been
• 17:55
  down here in the basement with me suffering through for years
• 17:59
  together, realize that we've been talking about the S word.
• 18:03
  Now do you know what the S word is?
• 18:05
  Stagflation. That's what drove the price of
• 18:09
  gold, drove the price of silver, and we're talking like went up
• 18:13
  not 2030%, but like 20-30 times in value.
• 18:18
  We are in that exact same situation right now, but it's
• 18:21
  even worse because back then you didn't have China and India and
• 18:27
  Russia gobbling up all the world's gold and silver.
• 18:30
  And guess what? But wait, there's more.
• 18:33
  On top of that, the other reason why things could even be crazier
• 18:37
  now is the United States was actually, believe it or not, I
• 18:42
  know it's going to be hard for you to believe this, but the
• 18:44
  United States was actually in better financial condition back
• 18:47
  then. So we're moving into an
• 18:48
  environment very similar to the 1970s, but we are in a much more
• 18:53
  precarious position. But no, you don't want to.
• 18:59
  No, don't. You don't want to own any silver
• 19:02
  gold. I'm not telling you what to do.
• 19:04
  You guys have your brains, right?
• 19:05
  We know the basement dwellers typically have, and I've learned
• 19:09
  this through the YouTube analytics, typically have a
• 19:12
  little more intellectual horsepower than the average
• 19:15
  bear. But guys, we are headed into an
• 19:17
  unbelievable interesting time. We're going to talk about Jerome
• 19:21
  Powell and the Fed. That's tomorrow.
• 19:24
  I'll tell you what to expect. OK, yes, I have a crystal ball.
• 19:28
  I know the secret's out. It works like 63% of the time.
• 19:34
  But first, let's just talk about what's been going on in the
• 19:37
  silver price. Let me pull it up, and the gold
• 19:39
  price for that matter, as well. Let's take a look at this chart
• 19:44
  from our friends at Yahoo. Silver's up $0.11.
• 19:48
  Wow. OK, but have you noticed?
• 19:51
  Right. Like we have been consolidating?
• 19:52
  This is a one day chart. Let's go.
• 19:55
  Let's go to a one month chart of Silver.
• 19:57
  Yeah, yeah, you can see it. Let me draw some lines on here
• 20:00
  for you. But is it just me?
• 20:03
  Why is that not working? Uh oh, I lost my ability to draw
• 20:08
  lines. Well, I guess hold on here.
• 20:12
  There we go. Now she's working.
• 20:13
  We have been. What's this back to, Oh, let's
• 20:18
  say the yeah, it's been like 2 weeks, OK, that silver's been
• 20:23
  holding this 38 and this is in the futures market 38 range.
• 20:27
  Now, of course, we got up here to 39, but we've been in this
• 20:31
  channel this what's important here, OK?
• 20:35
  This kind of staying within a range, that's consolidation.
• 20:38
  So what that means is all the people, not you not talking
• 20:44
  about you, not talking about me, we're talking about those people
• 20:47
  that maybe don't believe in the silver thesis as much as we do.
• 20:53
  Those people are like, oh, silver got the got it.
• 20:55
  It didn't get through 40. I got to sell my silver.
• 20:57
  I got to sell my silver. All the scaredy cats.
• 21:00
  Bye bye. They left.
• 21:02
  Bye bye. And good luck to them.
• 21:04
  Maybe they're right, like my crystal ball only works 64% of
• 21:08
  the time. But those people that left,
• 21:10
  that's why they call it consolidation, have been
• 21:13
  replaced by Fiat fighters, silver stallions, basement
• 21:18
  dwellers, whatever we want to call ourselves.
• 21:20
  People that have strong conviction for the future of
• 21:23
  silver, don't forget this is the truth.
• 21:27
  This is the reality. When silver now breaks above $40
• 21:32
  per oz on many levels, we're going to be off to the races.
• 21:36
  We're going to be down here, I'll be doing live screen
• 21:38
  streams, I'll be spinning around in the chair because we're going
• 21:41
  to go from $40 silver to $50 silver lickety split.
• 21:46
  And then 50 is going to be another resistance point, no
• 21:49
  doubt about it. Oh, thank you, Susie.
• 21:53
  That's upstairs, Susie. I guess she's decided not to use
• 21:56
  her walkie-talkie. For those of you who don't know,
• 21:59
  that's upstairs Susie. That's my wife.
• 22:01
  She loves Silver. You guys know her.
• 22:03
  You guys love her. Usually she talks to me on the
• 22:05
  walkie-talkie, but she just alerted me that we're almost to
• 22:08
  100 thumbs up, which means, yes, that big special treat, I'll
• 22:12
  ring the Golden Dawn. But let me get back to my
• 22:14
  thought, which is $40 silver. It's a psychological level.
• 22:19
  But guess what, right? All the people that got silver
• 22:22
  at that point, most all of them, right are, are those new people
• 22:26
  that have joined us already that know the future of silver.
• 22:30
  And there's hardly anybody out there that's left that bought
• 22:35
  silver above $40.00. So that means there's no, not
• 22:39
  going to be many sellers. There might be a few, right?
• 22:42
  Because there were times when silver got the 50 back in 1980.
• 22:45
  Do you really think, do you really think that there's a lot
• 22:51
  of people out there that bought silver in 1980 for $45.00 an
• 22:56
  ounce and are sitting waiting saying if it ever gets back to
• 22:59
  $45.00, I'm going to sell? No.
• 23:02
  So that what that means in very complex technical terms is
• 23:05
  there's very little overhead resistance.
• 23:08
  Now let's check with Susie and see if we got to 100.
• 23:11
  Thumbs up. Susie, are you on over?
• 23:18
  OK, she's not there. Hold on, I'll yell at her.
• 23:21
  Oh, she says we got it. She yelled at me down the steps.
• 23:25
  OK, She wants. I will say hi to people.
• 23:27
  Hi to people. Let me ring the golden gong.
• 23:30
  Then we're going to talk about Jerome and what to expect
• 23:32
  tomorrow. And then I'll say hi to some
• 23:34
  people. People because people matter.
• 23:38
  You're all special. You're all individual.
• 23:40
  I'm going to ring the golden gong because we got a golden
• 23:42
  future. And on top of that, look at that
• 23:45
  thing. That cool.
• 23:50
  I appreciate you for coming to the basement.
• 23:57
  I love the way it resonates. And no, it's not really made out
• 23:59
  of gold. OK.
• 24:02
  I don't know what it's made out of.
• 24:04
  Brass. Brass.
• 24:06
  I don't know. I'm not.
• 24:08
  You know, I know it's not made out of gold.
• 24:10
  I don't think so anyway. All right, let's talk about the
• 24:13
  Fed. Tomorrow's Fed day.
• 24:14
  Be ready. We'll be scared.
• 24:16
  We could have big movements in the market tomorrow.
• 24:20
  Odds are, let's run out. We'll take a look.
• 24:22
  I'll tell you what to expect, OK?
• 24:24
  I know I do all the work. You just get to sit there and
• 24:27
  laugh at me. Laugh with me.
• 24:31
  Oh, wow. So tomorrow, this is the Chicago
• 24:35
  Mercantile Exchange Fedwatch tool and what it tells us that
• 24:38
  isn't in exactly one day, zero hours and 42 minutes on the dot
• 24:44
  almost, we are going to hear from our old friend Jerome
• 24:47
  Powell at the Federal Reserve about interest rates.
• 24:50
  But don't be worried because as I'm going to show you right
• 24:54
  here, there's a 96% chance that rates are going to remain the
• 25:00
  same. This last circle I'm making is
• 25:02
  the current target rate. So we got like a 3% chance.
• 25:07
  That would be what, 1 and 33.3 that we will have a rate cut
• 25:11
  tomorrow. Oh wow, 3.1% chance.
• 25:14
  However, however, let's go see what they're saying.
• 25:17
  We can expect in September 17th, which is like 6 weeks away.
• 25:23
  They are now saying that we have a 2/3 chance.
• 25:27
  Come on, why are you not working?
• 25:28
  There we go. 65% chance that we will have a rate cut, OK, down
• 25:34
  to 4% from the current rate, which is 4.25% and about a 30%
• 25:42
  chance over here that rates will remain the same.
• 25:47
  I think there's more than a 3% chance tomorrow that they'll cut
• 25:51
  rates. I think that with all the
• 25:53
  turmoil going on between the White House and Jerome Powell,
• 25:56
  did you see when when Trump visited the Fed, it was the
• 25:59
  first time that AUS president visited the Federal Reserve in
• 26:02
  over 20 years? Let's just say it did not look
• 26:05
  like a comfortable meeting between Jerome Powell and and
• 26:10
  Donald Trump. OK, so tomorrow what's
• 26:14
  important, not so much what they do, but what they say, the
• 26:18
  algorithms will be going through all the words that are in the
• 26:21
  official statement. I I presume that Powell will do
• 26:26
  a press conference afterwards if he says anything bullish or
• 26:30
  hawkish or whatever. Tightening, loosing, loosening
• 26:33
  that could have a big impact. Tomorrow could be a big day in
• 26:36
  the precious metals market. So buckle up my friends, it
• 26:40
  could be a very, very interesting day.
• 26:42
  But when we look at the big picture, when we look at the
• 26:44
  fact that the silver price in particular, gold is gold is just
• 26:49
  awesome. Gold is gold.
• 26:50
  And no doubt about it, when we look at the silver price and
• 26:53
  realize that we are breaking out of a 45 year cup and handle
• 26:58
  pattern on many different time frames.
• 27:01
  And then we consider all these different factors that we looked
• 27:04
  at. When we consider the fact that
• 27:06
  the world central banks, when we consider the fact that the world
• 27:09
  sovereign wealth funds, the big Swiss bankers, UBS, right, UBS,
• 27:14
  Warwick, I don't know whatever it's called, right, we've got
• 27:18
  wind in our sails. Ask yourself, right, where would
• 27:23
  you, where, where would you? And what did Ray Dalio said he
• 27:26
  was like? If you could erase your brain,
• 27:29
  any dummy would realize you want to have at least 15% of your
• 27:32
  money in gold, and I'll say silver as well.
• 27:35
  But that's just my opinion. I'm not speaking for Mr. Dalio.
• 27:39
  I think the future looks bright. And then when we consider just a
• 27:43
  little cherry on top, right, when we look at the US debt
• 27:46
  clock and we realize more than $37 trillion in debt, that our
• 27:52
  dollar is now basically backed up by debt, and they're trying
• 27:56
  to find new and creative ways to issue more debt, right?
• 28:00
  This new budget, whatever, it's all, you know, it's getting
• 28:04
  absolutely insane. Oh, I promised I'd say hi.
• 28:07
  OK, here's the funnest part of the live stream, 500 people.
• 28:10
  And this was a, what do you call it, a snap live stream.
• 28:14
  You guys are awesome. I'm glad you're here.
• 28:17
  You are important. You are special.
• 28:18
  What I want you to do is in the comments section, tell us where
• 28:22
  you're from. I'm going to spend exactly.
• 28:24
  Say hey, Jake from Jake's Custom Parts.
• 28:26
  Thank you for being part of the basement.
• 28:29
  Jake has been a critical member and supporter and moderator.
• 28:33
  Thank you, Jake. Good to see you, brother.
• 28:34
  OK. Yeah.
• 28:36
  Everybody loves Jake. Tell me where you are from.
• 28:39
  OK. Like your city, your state, your
• 28:41
  country, your planet, whatever you're happy with, and I will
• 28:44
  spend 60 seconds. Montana.
• 28:46
  Boom. Boom boom boom boom.
• 28:49
  OK hey thanks. Ron.
• 28:51
  Dallas, TX Texan Intelligible Montana, Utah John Townley,
• 28:57
  Texas Jake's Custom Parts Communist Republic of the United
• 29:00
  Kingdom North Carolina Texas Oklahoma, Canada RT Burns
• 29:05
  Crestwood, Missouri Ron. Hey, Neighbor.
• 29:07
  North Carolina. Marion, Spirit Lake.
• 29:11
  Idaho, Indiana. Netherlands.
• 29:13
  Ramon from the Philippines. I love the Philippines.
• 29:17
  Fort Myers, FL man. Unbelievable.
• 29:20
  Albania. West Virginia.
• 29:23
  Pune, India. Hello, Hemant.
• 29:25
  Good to see you, Stacy. 30 miles north.
• 29:28
  All right, so that would mean 30 miles north.
• 29:31
  Missouri or Illinois anyway. Maryland, Alabama.
• 29:36
  Where else? Texan intelligible.
• 29:38
  Washcot Front, Waswasa. I don't know where that is.
• 29:42
  OK. All right, All right, guys,
• 29:47
  Wherever you are, you might be in your family room, your living
• 29:50
  room, your car, your spaceship. I don't know.
• 29:53
  Maybe you're on an airplane. You can get Wi-Fi on airplanes.
• 29:56
  Now, if I'm flying somewhere, please let me know.
• 29:59
  I'd like to go somewhere nice. You're important.
• 30:02
  I appreciate you being here. On behalf of myself, on behalf
• 30:05
  of Susie, I wish you a pleasant remainder of your day.
• 30:08
  Let's go silver. Let's go gold.
• 30:11
  OK. Be good to yourself and I will
• 30:13
  look forward to seeing you. Yes, you don't forget.
• 30:16
  Subscribe next time. See you guys.
• 30:19
  Bye, bye.