Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 🚨 Silver Will Do THIS SOON! 🚨 - Silver STACKER Alert... Elon Musk SAID This -🌞Gold Price News too

Transcript

🚨 Silver Will Do THIS SOON! 🚨 - Silver STACKER Alert... Elon Musk SAID This -🌞Gold Price News too · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  We are living through absolute historic times in the silver and
• 0:05
  gold markets and we're doing it together.
• 0:07
  We're going to look at all the reasons and examples why this
• 0:11
  will continue as we head into the coming months, quarters and
• 0:14
  years. $125.00 silver. Somebody saying that can happen
• 0:21
  next week. But it gets even more
• 0:23
  interesting when we look at the fact that all of this happening
• 0:26
  has even gotten the attention of Elon Musk.
• 0:30
  And we'll talk about why that is so important.
• 0:34
  But you know, the most important thing, Yes, the fact that you
• 0:38
  made the choice to join me down here in the basement, what a big
• 0:41
  honor that you're here. Please subscribe to the channel.
• 0:44
  It's still free. We're having the 2025 free
• 0:48
  subscription special. So press that subscribe button,
• 0:52
  hit the little bell so you get notified, leave a comment in the
• 0:54
  comment section because really it is a big deal that you're
• 0:57
  here. We're on this journey together
• 1:00
  and when you leave comments, that gives us an opportunity to
• 1:02
  learn from you. You don't have to agree with me.
• 1:05
  Trust me, thousands of people haven't over the years.
• 1:08
  We're all doing the best we can and let's start to dig in here
• 1:12
  as to all these reasons and examples why we can remain super
• 1:16
  optimistic about the price of silver and gold and the precious
• 1:20
  metals mining stocks as well. Hold on one second.
• 1:24
  I want to pull this up for you. We are getting piece after piece
• 1:29
  of astounding data. This came from Subu Trade who
• 1:33
  told us that the silver ETFI, know a lot of you aren't very
• 1:38
  fond of the silver ETF. There's a speculation that maybe
• 1:41
  they don't own all the silver they claim they do.
• 1:43
  But nonetheless the volume exploded yesterday, more than
• 1:48
  9.6 billion of SLV was traded. This is only happened twice.
• 1:55
  This is about the 10th time I'm going to say the word historic
• 1:58
  twice before April through May of 2011 and February of 2021.
• 2:05
  Guys, this signals to us that the generalist investors are
• 2:09
  joining us, those people who we affect, sheep warning, who we
• 2:14
  affectionately refer to as the sheeple, the other 96%, the
• 2:21
  sheeple. The reason why we want to pay
• 2:24
  attention to that is that when they join us, right when they
• 2:27
  try to get into the silver and gold lifeboat that we've been in
• 2:32
  already, there's not going to be any room.
• 2:34
  It could get crazy. We're going to keep an eye on
• 2:37
  it. All right, we got a ton more to
• 2:38
  cover. Let's go to 125 silver.
• 2:41
  And this guy has been accurate with some recent predictions, so
• 2:46
  we're going to see what he's saying right now.
• 2:49
  This says right here, based on today's price, silver is likely
• 2:53
  to gap up on Sunday night. Now remember guys, silver can be
• 2:58
  volatile on the way up and the way down.
• 3:01
  Please always be responsible. But a prop he's saying Sunday
• 3:05
  night probably into the mid 80s, man, it's going to be crazy
• 3:09
  tomorrow night and reach the mid 90s by Sunday night.
• 3:13
  Monday session could exceed easily $100 per oz.
• 3:18
  And if that happens, I would expect a 10 to $15 gap up on
• 3:22
  Tuesday, taking silver to $125.00 an ounce next week
• 3:27
  earlier than I expected. Well, we'll see how that that
• 3:31
  one plays out. And again, I want to remind you,
• 3:33
  please always be responsible if you're new to stacking or old to
• 3:36
  stacking. I'm not a financial advisor, but
• 3:39
  I will recommend dollar cost average in right, because you
• 3:42
  never know what can happen. Although just for the record, I
• 3:46
  want you to record this. I remain super optimistic about
• 3:50
  where this imagine where the silver price could be a year.
• 3:54
  I want you to think about that two years from now.
• 3:57
  I think we got a lot of great things ahead of us.
• 3:59
  And now guess what, right? The mainstream media, more and
• 4:04
  more people, more big influential people, smart
• 4:08
  influential people are joining us in the silver and gold
• 4:12
  lifeboat. OK, these are two big people.
• 4:16
  Mario Narfal, who's a super influential person in
• 4:20
  particular. Let me, let me let me get back
• 4:22
  to you in particular on the X platform and in particular with
• 4:27
  younger people. He's a younger guy, super
• 4:29
  influential, big and crypto. But he's also now drawing big
• 4:33
  attention to the precious metals and the crypto and the precious
• 4:37
  metals people share so much in common.
• 4:40
  But let's go here. Wrong 1.
• 4:43
  Hold on here. Here we go.
• 4:45
  Here's Mario. I think he's got millions, 2.7
• 4:49
  million people follow him. Make sure I've got the right
• 4:53
  screen up, which we do. No, do we?
• 4:57
  Hold on one second here, everybody.
• 4:59
  Sorry, I'm flying solo this morning.
• 5:02
  Yep, he's up. OK, Mario says precious metals,
• 5:05
  but it's not just him. There's somebody else, somebody
• 5:08
  else very influential. Precious metals are surging and
• 5:11
  the reasons should worry Washington.
• 5:13
  Gold just hit all time highs. Silver nearly doubled since May,
• 5:17
  jumping from 38 to over 74 per oz.
• 5:19
  We know that's higher. Starting in January, China will
• 5:22
  require government licenses to export silver.
• 5:26
  You guys know all this, so I won't read the rest of this.
• 5:29
  But what he featured in this tweet is this guy not a
• 5:34
  political statement. I'm not a political channel.
• 5:37
  I happen to like Tucker Carlson, politics aside.
• 5:40
  But he's super influential, right?
• 5:43
  With 1,000,000 and millions of people.
• 5:46
  And let's listen for 40 seconds what Tucker has to say.
• 5:50
  You get it up on full screen. Here we go.
• 5:52
  If you check the spot price for gold, it is at an all time high
• 5:56
  in world history. Why is that?
• 5:59
  World History. Well, because it's the new
• 6:01
  global reserve currency. That's why countries are moving
• 6:04
  away from the dollar, and they're doing that because our
• 6:07
  national debt is exploding. The dollar has been used as a
• 6:11
  diplomatic weapon and in general, confidence.
• 6:15
  We say this with great sadness in our financial system is
• 6:17
  collapsing. People know something is wrong
• 6:20
  and they're looking for safety and gold and silver, but
• 6:24
  precious metals broadly. Hold on.
• 6:26
  I want to say one thing. What's happening right now is
• 6:29
  millions of people in the United States around the world are
• 6:33
  watching this. And the reason why that's
• 6:35
  important is there's millions of light bulbs going off in normal
• 6:39
  people's heads. Like, wow, maybe I need to do
• 6:42
  something. Maybe there's a reason why I
• 6:44
  feel uncomfortable about the dollar.
• 6:46
  Maybe I need to look at silver and gold?
• 6:50
  Have been a reliable store of value since the beginning of
• 6:53
  recorded history and people know that they're tangible.
• 6:56
  You check the spot price for gold.
• 6:58
  It is an. Alt OK, a 16.
• 7:02
  Hold on, I'll be right back. Lost you for a second there.
• 7:06
  Could we see a 16X in silver 16? You can check my math on this.
• 7:12
  This next one comes from Tavi Costa.
• 7:14
  Before we do that, I want to say thank you to channel sponsor
• 7:17
  Firstmint. They do an awesome job.
• 7:20
  So many of you have reached out to me telling me how pleased you
• 7:23
  are with your experience at Burstment.
• 7:25
  I call it a premium retail silver buying experience.
• 7:29
  First Mint is a silver mint in the United States, in Las Vegas,
• 7:33
  NV. They're owned by First Majestic
• 7:36
  Silver, Keith Neumeyer's big silver mining company.
• 7:40
  So they mine the silver in Mexico, ship it directly to Las
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  Vegas, NV, where it's made into these world class silver bullion
• 7:48
  products that then go straight to you.
• 7:51
  You don't have to worry about a futures contract on the COMEX or
• 7:54
  the LBMA or anything like that. No, you get premium silver,
• 7:58
  unique silver products from First Mint directly from the
• 8:02
  mine to the Mint to you. You can learn more about them
• 8:05
  here. I'll pull it up.
• 8:07
  Let's all say goodbye to Tucker. Goodbye, Tucker.
• 8:10
  And here is the First Mint website, firstmint.com.
• 8:14
  There is also a discount code that you as a basement dweller
• 8:20
  can use VIP like very important person RB, like Ron's basement
• 8:27
  VIPRB. Thank you.
• 8:28
  First meant for sponsoring Ron's basement channel and making our
• 8:32
  get togethers possible. Guys, give him a shot.
• 8:34
  I think you'll be very, very happy.
• 8:37
  Oh yeah, 16X in silver. Check my math on this right?
• 8:42
  Tavi Costa, one of the most respected names out there in the
• 8:46
  precious metal sector, shows us this.
• 8:49
  And here we go. I'm sure I've got you on the
• 8:54
  right screen, which we do, OK? Tommy says silver is making a
• 8:58
  statement move today after entering price discovery phase a
• 9:02
  few months ago. Keep in mind that silver
• 9:05
  adjusted for money supply is only now breaking out from a
• 9:10
  more than 45 year resistance level.
• 9:14
  We're going to go right down here to the chart, OK?
• 9:17
  And this is incredible guys, what we have here.
• 9:20
  Get the crayons out. Silver adjusted for money
• 9:25
  supply. So this calculates the silver
• 9:28
  price over the US money supply growth M2 money supply, which is
• 9:33
  like all the liquid money that's been created or should we say
• 9:38
  printed since way back here in the 1970s.
• 9:44
  This comes from Bloomberg analysis by Tavi Costa.
• 9:48
  OK. And as you can see, right, the
• 9:50
  ratio of silver to the US money supply has gone down, down,
• 9:55
  down. Now back here in the mid 70s,
• 9:58
  right, that big peak we had around the Hunt Brothers times,
• 10:01
  it was up as far as I can see. We're going to say .04 was the
• 10:07
  silver to the US money supply. It is dropped all the way down
• 10:10
  here now to this current level which you can see in white
• 10:14
  .0025. So if that were to go up by four
• 10:20
  times, that would make it .01. OK, It would have to go up in
• 10:25
  another 4 times from there to get to .04, which in my simple
• 10:31
  mathematics is a 16X. And that there's a cherry.
• 10:38
  There's a bonus kicker on that one.
• 10:41
  That would be if the M2 money supply didn't grow at all.
• 10:44
  And we've looked on the US debt clock many times.
• 10:46
  Like we know the US money supply is going up and up and up.
• 10:49
  You know what, What the heck? This is not planned.
• 10:53
  But let's just go out to hold on with me here.
• 10:57
  One second. We're going to go out to the US
• 11:01
  debt clock. And just to make sure I could be
• 11:05
  wrong. Oh, yeah, of course.
• 11:07
  The debt, yeah, we did get past 38 trillion, 500 billion.
• 11:11
  But the US, the M2 money supply, where it is right here, hold on,
• 11:17
  here is I'm circling it in red. The USM 2 money supply, which
• 11:22
  you can clearly see, right, is going up and up and up.
• 11:26
  Let's see how long it takes for the United States to print
• 11:29
  another 100,000. We're at 809.
• 11:32
  OK, 2345 about every six seconds the United States government is
• 11:40
  printing another. Another what?
• 11:44
  What is that $100,000 in money? Only takes 6 seconds.
• 11:49
  Crazy. OK, Now we just talked about the
• 11:54
  situation that unfolded in the 1970 the Hunt brothers, right?
• 11:58
  The last time silver went to $50 per oz, blah, blah, blah.
• 12:02
  But there's some big differences right now.
• 12:04
  And this is stunning. And we do have a chart to look
• 12:06
  at as well. But some key things that we want
• 12:09
  to consider when we look at here it is, we get this pulled up for
• 12:14
  you when we compare what's going on now to what happened in the
• 12:18
  1970's, the Hunt brothers, how does the current silver
• 12:21
  explosion in price compared to the epic bull market in 1979?
• 12:26
  OK, I'm trying to shorten this for you guys because there is so
• 12:30
  much to cover. What is different about this
• 12:32
  rally in yellow? There's a real supply issue now.
• 12:38
  Demand has exceeded global mine production for over 5 years.
• 12:41
  I think that's now six years in a row, industrial demand is
• 12:46
  consuming above ground reserves in the vaults.
• 12:49
  OK, the silver rainy day fund is what we called it down here in
• 12:52
  the basement. Whereas in 1980 there was no
• 12:57
  actual shortage of silver metal, no actual shortage of physical
• 13:02
  metal, Now there is a real possibility that demand cannot
• 13:06
  be met at current prices. That's the big difference.
• 13:10
  I'm talking to all the sharpest minds out there and we're going
• 13:13
  to go down and look at a chart here and a second guys.
• 13:15
  But all the smartest people there and they're all saying the
• 13:18
  same thing. This is a physically this this
• 13:22
  rally that we're having and silver is different.
• 13:25
  It's not based on futures. That's all falling apart.
• 13:27
  The COMEX and the LBMA, we'll touch on that in a little bit.
• 13:30
  And Elon, OK, but this rally is 100% physical.
• 13:36
  That's so different, OK. And then he says here, some
• 13:40
  people say we'll just open more silver mines.
• 13:42
  That's not how silver is produced.
• 13:44
  Silver's mined is a by product from copper, lead and zinc.
• 13:48
  And this is super interesting. Silver is a 1 to 2% by product
• 13:53
  of those metals. So 70% of the silver that's
• 13:57
  produced every year is a by product, right?
• 14:01
  But it's only a 1 to 2% by product.
• 14:03
  So it's not like they're going to say, hey, let's open a big
• 14:05
  new copper mine so we can produce a bunch more silver.
• 14:08
  A big new zinc mine or lead mine.
• 14:10
  No, Right. There's very few primary silver
• 14:14
  mines out there. OK, It's crazy.
• 14:17
  It's crazy. All right, let's look at this
• 14:19
  chart. This is fun.
• 14:21
  OK, get the crayons out. All right, this shows in blue.
• 14:26
  OK, see on the bottom. Those are the years from 1970
• 14:30
  through 1980 that was that big bull run in the blue line is the
• 14:35
  silver price and how it ran during those period.
• 14:39
  OK, the white line has the time frame up here on top.
• 14:44
  It's a little longer time frame. Well, actually almost three
• 14:47
  times longer, but isn't it crazy?
• 14:50
  Look at look at how these two time periods followed together.
• 14:55
  Oh, but guess what? This is where we are right now
• 15:00
  on the white time frame, the white line, which is the current
• 15:03
  time frame. Do you see that There might be a
• 15:06
  little potential? Actually, now that I'm looking
• 15:09
  at it, what this chart shows and what he's showing is potential.
• 15:13
  See me circling this to get the $661.00 silver, $661.50 silver.
• 15:23
  So we are in a different situation.
• 15:25
  The Hunt brothers back the last time that we had this massive up
• 15:29
  move in the silver price, that was a paper driven.
• 15:33
  They were able and now we've got, there's big news out of the
• 15:36
  Comex yesterday. We're going to talk about that
• 15:39
  and we're going to talk about Elon and we got a few more, a
• 15:42
  lot more to talk about actually. Oh my gosh, it's incredible.
• 15:46
  OK, Yep. So be careful, but do be
• 15:49
  careful. They are tricky.
• 15:50
  I want to tell you that, right? There's going to be draw downs,
• 15:53
  guys. It's not just going to be a
• 15:54
  straight up, there will be volatility.
• 15:57
  There will absolutely be volatility.
• 15:59
  OK. Next we're going to look at
• 16:01
  something out of China. Then we're going to get the Elon
• 16:03
  Musk, what he says about silver, which is interesting, and then
• 16:08
  look at a few other controversies going on right now
• 16:11
  in the silver and gold market. Before we do that, I want to say
• 16:15
  thank you to 1st Mining Gold for sponsoring Ron's Basement.
• 16:19
  That's a stock that I've owned for years, owned it long before
• 16:22
  they sponsored my channel. They're a development stage gold
• 16:26
  company. They have two projects in
• 16:28
  Canada, both of which have millions of Oz in the ground.
• 16:32
  They're moving them through the development stage.
• 16:34
  There are not many multi million ounce projects in great
• 16:38
  jurisdictions like Canada. You can learn more about them at
• 16:42
  firstmininggold.com, which I'm going to pull up their website
• 16:47
  for you right now. firstmininggold.com has so much
• 16:50
  information on the website. If you have any questions, check
• 16:53
  that out. Let's see what's going on in
• 16:55
  China. We've hardly talked.
• 16:57
  Hold on here, hold on. I may have lost you.
• 17:01
  We've hardly talked about China today, but China, right?
• 17:05
  It's crazy there. It's crazy in London, the LBMA,
• 17:08
  the London Billion Market Association.
• 17:10
  It's crazy in the United States of America, right at the COMEX,
• 17:15
  the LB are the COMEX, the CME, right?
• 17:18
  And it's also getting crazy in China.
• 17:20
  And this is just to show you how severe the situation has gotten
• 17:25
  in China. We get this news now.
• 17:27
  I got to find the right page. Hold, hold on here.
• 17:31
  Uh oh, uh oh, hold on. Did I put it up in the wrong way
• 17:36
  in the wrong place? Yep.
• 17:38
  Here we go. I got it right here.
• 17:41
  Make sure I got this up for you right.
• 17:43
  This came from XOX Echo X. This is not normal behavior.
• 17:48
  One of China's and we're going to look at the Bloomberg report
• 17:51
  on this next. The one of China's largest
• 17:54
  silver funds just stop taking new money, OK?
• 17:58
  Starting December 29th, Class C subscriptions are suspended in
• 18:02
  this fund. Investment caps are slashed on
• 18:05
  on Class A. So this is like a an investment
• 18:08
  fund in China where Chinese people and institutions, as far
• 18:12
  as I understand are able to buy in.
• 18:14
  It's like an ETF like we have here in the United States.
• 18:17
  And they're saying no more, no more because there's a little
• 18:21
  bit of a silver shortage here. It says right here official no
• 18:25
  reason to protect an existing investors translation.
• 18:30
  There's too much demand and not enough silver.
• 18:34
  And here's the article that came from Bloomberg on Christmas Day.
• 18:38
  UBSSDIC silver futures fund LOF meet, which means long only fund
• 18:45
  will suspend subscriptions while I read that to you.
• 18:47
  OK, so that was actually reported from Bloomberg and what
• 18:51
  that is showing us, OK, what that is showing us is that
• 18:55
  there's let's just say a, a physical shortage in China.
• 19:01
  I skipped by God, we have so much more to cover.
• 19:04
  Here's the news that came out about the margin changes from
• 19:09
  the from the electronic exchanges from Bob Coleman.
• 19:13
  Gold, silver, platinum futures alert Margin increases are
• 19:16
  effective on Monday, December 29th for precious metals futures
• 19:20
  contracts. Gold up 10%, Silver up 13.6%
• 19:25
  Platinum, which has been on its hair up 23%.
• 19:30
  This is what's important about this is is 1 uh oh, did I forget
• 19:35
  to share that screen? No, I got you on right.
• 19:38
  Yep, Yep, you're on the right screen.
• 19:40
  Now you're going to look at me. Why is this important?
• 19:43
  Why do we pay attention to this? Because this is the trick that
• 19:47
  the comex in the LBM and and I'm sorry, the COMEX was seeing me
• 19:51
  if used in the past to to tamp down the price of silver.
• 19:55
  They've done it during other silver squeezes.
• 19:57
  They've done it in the nickel. They've done it while they shut
• 19:59
  the nickel market down. But anyway, what's going to be
• 20:02
  super interesting is. Are they able to do it this
• 20:07
  time? Because like we talked about,
• 20:09
  this is a different situation. This isn't a rally driven based
• 20:14
  off the futures market. This is a rally that's been
• 20:17
  driven off of physical demand and not just from you and me,
• 20:23
  right? And silver stackers all around
• 20:25
  the world, right, But by industry and by countries.
• 20:28
  China hoarding China, right? China is putting export control,
• 20:33
  saying silver can't leave our country unless we give you like
• 20:36
  a stamp of approval, a license. the United States is moving to
• 20:41
  make silver a critical mineral, right?
• 20:44
  So it's not just like stackers around the world.
• 20:48
  This this is this is going on in a big worldwide basis with
• 20:53
  governments, with industry. We're going to listen to what
• 20:55
  Elon said here in a second that are saying we need the silver.
• 20:58
  We want the physical silver. They want this right.
• 21:02
  Here's the backside of one of the beautiful Let's do a little
• 21:05
  silver show and tell. That's the Chinese calendar.
• 21:08
  Right in the middle you can see the first mint Insignia, and I
• 21:11
  love, so there we go. You got to get it just right.
• 21:14
  Silver's hard to photograph because one of the qualities it
• 21:17
  has is that it's so reflective. But that's the backside of the
• 21:21
  first mint year of the Dragon coin.
• 21:24
  And the front of this coin is stunning.
• 21:27
  Look at that, man. And I'm not a dragon guy.
• 21:32
  OK. All right.
• 21:33
  So that's happening. Oh, here.
• 21:35
  Are they going to be able to tamp down silver?
• 21:37
  It's going to be interesting. OK, that there's a lot of
• 21:41
  differing opinions on that, but let's go.
• 21:45
  This is it right here. Hold on here.
• 21:47
  Sure. I got the right screen up.
• 21:48
  Yes, we do. This is funny.
• 21:50
  The banksters are in a world of hurt.
• 21:53
  For good record. This latest silver slam barely
• 21:57
  lasted 4 hours. OK, remember this?
• 22:01
  I was, what was it yesterday? It's hard to keep track of all
• 22:03
  this, but we did have was that early morning?
• 22:07
  I thought, yeah, early morning slam.
• 22:08
  I think when the GDP numbers came out and Oh my gosh, look,
• 22:12
  they took silver all the way down almost what $2.00 looks
• 22:17
  like. But four hours later boing, it's
• 22:21
  like a Weeble. Where's my Weeble?
• 22:23
  Here's my Weeble. Somebody sent me these from the
• 22:27
  from the basement dweller community.
• 22:29
  This is silver right now, right? Remember these from when you
• 22:33
  were a kid, lot of years old as me.
• 22:34
  This is a weeble. Somebody sent it to me, a bunch
• 22:37
  of them and I love it. Weebles wobble, but they won't
• 22:40
  fall down and that's kind of what the silver prices been
• 22:44
  doing lately. Don't forget we are going to
• 22:48
  have corrections. OK?
• 22:49
  It's going to happen. I was wrong.
• 22:52
  I thought like 10 days ago when silver, I think it reached 70, I
• 22:56
  was like, I think we're going to have this correct.
• 22:57
  I mean, these numbers are unbelievable, but nonetheless,
• 23:01
  it's going to happen. But the long term thesis behind
• 23:04
  why you and me love silver and gold absolutely remains in
• 23:10
  place. OK, All right, let's go to Eli
• 23:13
  and and see what Elon Musk is saying because this is now, this
• 23:16
  is getting very interesting. Hold on here.
• 23:20
  And is this it? Nope.
• 23:23
  Hold on. I'm going to find it.
• 23:26
  Here it is. And now you're being moved to a
• 23:29
  post from Elon Musk. And this is interesting.
• 23:32
  What prompted this reply from Elon was this from Jesse Pelton?
• 23:37
  This is bigger. This is a bigger deal than it
• 23:40
  may seem. Starting on January 1st, China
• 23:42
  will restrict silver exports. We just talked about that the
• 23:45
  export silver, silver will need now need government licenses.
• 23:49
  Bull theory had posted silver prices are exploding due to a
• 23:53
  severe global supply shortage. Don't worry, we're going to hear
• 23:55
  what Elon says here. The physical market can no
• 23:59
  longer meet soaring demand. The physical market.
• 24:03
  And then Elon Musk, one of the most influential people in the
• 24:07
  world, says this, and he barely talks about silver.
• 24:11
  So this is a huge deal. He said this is not good.
• 24:15
  Silver is needed in many industrial processes.
• 24:20
  Yes. OK, Think about Elon Musk.
• 24:23
  And then we're going to talk about Samsung.
• 24:25
  But think about Elon Musk. He needs silver for Tesla, for
• 24:29
  all the electric cars. And if Tesla converts to the
• 24:31
  solid-state batteries, which you know they will, they could need
• 24:35
  almost a kilogram of silver for each battery.
• 24:38
  OK, Elon also has a big massive solar company.
• 24:43
  Solar panels use massive amounts of silver.
• 24:46
  Elon has other tech companies up to and including, right, the
• 24:52
  SpaceX, which uses a lot of silver.
• 24:55
  X with Croc, uses massive amounts of silver in the, in
• 24:59
  the, in the. What are those things called
• 25:02
  those database farms or what's that called?
• 25:05
  Data centers? Data centers to process all the
• 25:08
  information, all the high tech equipment needed in those data
• 25:12
  centers use. So yes, the most influential man
• 25:16
  in the world is recognizing what a critical situation we are in
• 25:21
  right now. And Peter Spina, I think it's,
• 25:23
  what is it? Gold seek silver seek again,
• 25:26
  right. Another top name in our industry
• 25:29
  said this. He said if Elon think about this
• 25:32
  interesting, if Elon is worried about silver prices near $80.00
• 25:36
  an ounce, what do you think you'll do when silver breaks
• 25:39
  past say 200 an ounce with extremely strained supplies,
• 25:45
  which can impact his businesses from operating in normal
• 25:50
  conditions? Yes, it's a very, very serious
• 25:55
  condition. Next, we're going to look at
• 25:56
  this controversial character who has shown up on the in the
• 26:02
  silver world. We'll take a look at that.
• 26:04
  Before we do that guys, I want to mention I'm not being paid to
• 26:08
  say this. I'm not affiliated anything, but
• 26:10
  there is a charity that I feel really good about and I would
• 26:13
  encourage you to check out. I'll show you their website
• 26:15
  really quickly. Hope walks.
• 26:18
  Hey, they are treating Pete kids all around the world who are
• 26:22
  born with a horrible condition called clubfoot, OK?
• 26:25
  And it happens. Think almost 200,000 a year.
• 26:29
  Our kids are born with clubfoot. Look in the West and the rich
• 26:32
  countries, kids get treated for it immediately.
• 26:35
  OK, Troy Aikman was born with clubfoot.
• 26:37
  Mia Ham was born with clubfoot. And you know what they were able
• 26:41
  to do after they received their treatment?
• 26:44
  Troy Aikman was a famous NFL quarterback.
• 26:46
  But in third world countries all around the world, developing
• 26:49
  countries, kids don't have the same access to treatment.
• 26:52
  Hope Walks is making that happen.
• 26:55
  You can go to their website herehopewalks.org.
• 26:58
  Learn more. And if you feel like doing
• 27:00
  something good, it's right there for you.
• 27:03
  OK, Have you seen this guy? Yeah, I, I got, I, I, I
• 27:10
  recognized him as being AI from the very beginning.
• 27:13
  And but a lot of people in the silver and gold community, I
• 27:15
  don't think, did not realize he was AI.
• 27:17
  But this guy is putting out some very, I'll say, speculative
• 27:23
  videos about gold and silver. We're going to watch just a few
• 27:27
  seconds of one of them, and then we're going to see if we can
• 27:29
  figure out what's going on with him.
• 27:32
  OK, here it is down here. Do you want, do you really want
• 27:36
  to know what the banks are doing about their silver situation?
• 27:39
  If you're holding silver, you better listen to this.
• 27:42
  This is not a video made by Deep Web Slinger.
• 27:46
  I don't believe I'm 99% sure, but this is the guy that
• 27:50
  everybody's talking about in the silver and gold sector right
• 27:53
  now. Hold on one second.
• 27:58
  Oh shoot, I forgot to share. All.
• 28:00
  Right here we go. I got it A.
• 28:02
  Global head of commodities at. Hold on, I'm going to get this
• 28:05
  full screen for you. This is about a supposed call
• 28:09
  that went on between all the bankers in the middle of the
• 28:12
  night about the silver price. Again, I'm going to say I'm very
• 28:17
  suspicious, but at best I would say in just my opinion, I could
• 28:21
  be wrong, that this is speculation, but here we go.
• 28:24
  While you slept, the Secret 1:34 AM Deal to kill Silver at $75.
• 28:31
  At 1:34 AM Thursday morning, Christmas Day, while you were
• 28:35
  sleeping, six of the most powerful people in global
• 28:38
  finance held a conference call. The global head of commodities
• 28:41
  at JP Morgan. The head of derivatives trading
• 28:43
  at HSBCHSCEO of the CME Group. The senior official from the US
• 28:47
  Treasury. Representative from the Bank for
• 28:49
  International Settlements. The chairman of the London
• 28:52
  Bullion Market Association. Man, he had covered all the
• 28:55
  bases. JP Morgan, HSBC, the LBMA, the
• 28:59
  CME, and the Bank for International Settlements.
• 29:03
  Wow, I don't know about this. I could be wrong, but I'm not
• 29:06
  too sure about this. But let's listen to him for just
• 29:08
  a few more seconds. The call.
• 29:09
  Lasted exactly 47 minutes. No official record was taken.
• 29:13
  No press release was issued. But I know what they discussed
• 29:16
  because a source who was on the call sent me a message at 3:15.
• 29:20
  AM. The message had 4 words.
• 29:23
  They agreed on $75. This wasn't a casual
• 29:26
  conversation, this was a coordinate.
• 29:27
  So anyway, supposedly his buddy. Hold on, I'm just screwing
• 29:33
  everything up today. His buddy who was on the call
• 29:38
  with the head of the CME Group, the head of the LBMA, the head
• 29:41
  of JP Morgan Chase, the Bank for International Settlements, was
• 29:45
  on the call or somehow overheard it and supposedly they agreed on
• 29:49
  $75 silver. You know, after listening to
• 29:52
  that, again, I'm going to say I'm highly suspicious.
• 29:55
  But again, I could be wrong, but I'm not suspicious about this
• 29:59
  next guy because he's a billionaire.
• 30:01
  He is over 13 million, 13 million ounces of silver that
• 30:06
  rivals your stack, right? But he had something to say that
• 30:09
  I think we need to listen to about what is happening right
• 30:13
  now. This is David Bateman, OK, I
• 30:16
  call him just me, just my opinion.
• 30:18
  He's the new Hunt Brothers, but he's the physical version of the
• 30:21
  Hunt Brothers because like we discussed earlier, this is a
• 30:24
  physical driven market and he's buying physical metal, gold and
• 30:29
  silver and huge amounts of it. This guy is super successful,
• 30:33
  successful and super smart and has some incredibly insightful
• 30:37
  things to say, one of which we're going to talk about
• 30:40
  together right now. This came from David Bateman.
• 30:44
  OK, very simple. Sometimes all this is great.
• 30:48
  Sometimes, and I said I've said this all along, sometimes
• 30:53
  there's nothing riskier than investments considered to be
• 30:57
  traditionally safe. I'll explain that in a second.
• 31:01
  Loaning anyone money for interest during a monetary
• 31:05
  collapse makes you the sucker at the card table.
• 31:08
  OK, what he is saying is this, OK, sometimes what people think,
• 31:15
  look, I'm guilty of it. I know like my parents are
• 31:17
  guilty of it. Anybody born in the 1930s,
• 31:20
  forties, 50s, sixties, 70s or 80s, right?
• 31:23
  We've all been kind of, I'll give it just one example to
• 31:26
  think that money in the bank, putting your money in a
• 31:29
  traditional bank, that's the safest place around, you're not
• 31:32
  even going to make any interest on that.
• 31:34
  But nonetheless, like that's the safest place in the paradox.
• 31:38
  The irony of it is, is that a lot of times what the average
• 31:41
  person is thinking is the safest place to have their money is
• 31:46
  actually the riskiest, especially if we get into a more
• 31:51
  severe situation where we have an even further deterioration of
• 31:56
  the value in the US dollar. People that have their money and
• 32:00
  a lot of people I know and a lot of people you know, and I have a
• 32:03
  bank account, don't get me wrong, and it feels safe, right?
• 32:07
  I don't have a lot of money in it, but it feels safe.
• 32:11
  A lot of people, I think, are going to be shocked if things
• 32:14
  unfold like it appears they're going to based upon what we can
• 32:18
  see on the US debt clock and based upon what we can figure
• 32:23
  out if we can. You don't have to be a MIT
• 32:25
  graduate mathematician. You don't have to be Albert
• 32:28
  Eisenhower to be able to figure out that our government's
• 32:31
  printing money. We looked at the M2 that if
• 32:33
  things do go bad, right or. And I'm not saying like we're
• 32:37
  going to wake up and we're all going to be zombies walking
• 32:39
  around, you know? No, all I'm saying is that we
• 32:42
  don't even need that. It happened already since 1971,
• 32:46
  when Richard Nixon took us off the gold standard.
• 32:49
  I was one year old. I was pissed, my mom said.
• 32:51
  I cried for weeks. Since 1971 when we went off that
• 32:56
  gold standard, the US dollar has lost 99% of its purchasing power
• 33:02
  relative to gold. OK so it's happening already.
• 33:06
  The Federal Reserve has it in their plan right?
• 33:09
  Best case scenario with the Federal Reserve is 2% inflation.
• 33:14
  That means that you get robbed the dollar.
• 33:16
  This the paper right make believe fantasy island money is
• 33:21
  going to lose 2% of its value under the best the situations
• 33:26
  and we know that's not been the case officially from our
• 33:29
  government. But when you look at the real
• 33:31
  inflation numbers as provided by sites like the shadow stats,
• 33:35
  it's happening right in front of us.
• 33:36
  So people so many of the other people that I'm going to give
• 33:39
  you I'm going to do it again. I'm going to do it again.
• 33:41
  I'm going to make the sheet noise so many of the average
• 33:44
  people that watch just watch cable TV and watch all those
• 33:48
  damn pharmaceutical commercials and car insurance commercials.
• 33:52
  They should outlaw both of them. I bet I spent like a whole 5
• 33:55
  months of my life watching pharmaceutical and car insurance
• 33:58
  commercials. Anyway, when they're those
• 34:01
  people we like to refer to them as the sheeple, right?
• 34:06
  They have no idea, right? They just think I'll put my
• 34:09
  money like it's very, it's a very scary situation.
• 34:11
  It'll be interesting to see how how it plays out.
• 34:13
  But the dollar, do you think the dollar suddenly is going to
• 34:16
  like, do you think that this right, a $1.00 bill?
• 34:19
  Do you remember this when you were a kid?
• 34:22
  I do, right? I could take this to the store,
• 34:24
  to the Del Monte store by my house and I could get like 4
• 34:28
  candy bars. Do you think we're ever going to
• 34:30
  be able to take this to the store and get 4 candy bars?
• 34:32
  No, I can walk to a big grocery store from where I live.
• 34:36
  I I can't even get one. I don't know what I I don't know
• 34:38
  if I can get anything for this. OK.
• 34:40
  It's it's unfortunate. It's a sad situation.
• 34:43
  Again, I don't think we're going to wake up in a zombie
• 34:45
  apocalypse and, you know, everything's but whatever.
• 34:49
  Now, if you do want to protect yourself, OK, Right there.
• 34:51
  Where is it? Right there, hanging right is a
• 34:55
  dirty man safe. You guys love them.
• 34:57
  I love them great people. It's a safe that you can bury in
• 35:01
  the ground wherever you at your discretion and don't tell
• 35:05
  anybody, but you can. You can store things like, I
• 35:08
  don't know, whatever you might want to store in the ground.
• 35:12
  I know the pirates kept silver in the ground and it worked
• 35:14
  pretty well for hundreds if not thousands of years.
• 35:18
  You can do that yourself. Here's a dirty man right here.
• 35:22
  I love these things. They are so cool.
• 35:25
  There it is. This is their small version of
• 35:27
  The Dirty man safe. There's a discount code Ron 10,
• 35:30
  but these are so cool. If you're anything like me, they
• 35:33
  go it's just a piece of pipe. No, it's way more than that.
• 35:36
  It comes with a sleeve that you bury a cap that goes on top.
• 35:40
  Everything about this is like sturdy industrial strength
• 35:44
  stainless steel cable. There's a handle, right?
• 35:47
  You dig a hole, you put the sleeve in the hole to big white
• 35:50
  sleeve. This goes into the sleeve, the
• 35:52
  cap goes on top and you've got this handle that's then also
• 35:56
  buried and you got to remember where you buried it.
• 35:59
  But it's super cool, these things.
• 36:01
  I just love it. Okay, there's mine.
• 36:03
  I got a little Unicorn inside this one.
• 36:06
  You can learn more about them at Dirty Man Safe.
• 36:09
  Dirty Man safe.com. You know how to Google it.
• 36:11
  And don't forget there's a discount code.
• 36:13
  Ron 10. All right, guys, have a great
• 36:15
  day. Wow.
• 36:17
  I think I might be back on tomorrow.
• 36:18
  There's so much going on right now in the world of precious
• 36:21
  metals. I appreciate you being here.
• 36:23
  OK, Have a great day. Crazy, crazy times.
• 36:28
  We got ahead of us, and I will see you.
• 36:30
  Yes, you soon.