Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨SHOCKING!🚨 Silver & Gold STACKERS Best Listen to THIS! - Precious Metals NEWS Update

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🚨SHOCKING!🚨 Silver & Gold STACKERS Best Listen to THIS! - Precious Metals NEWS Update · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:00
We are living through a historic time in the gold and silver
0:04
markets. We have a lot to be optimistic
0:06
about, big reasons why we're going to talk about the COMEX in
0:10
something breaking at the COMEX, but it's not what you think it
0:12
is. We got charts to look at, but
0:15
let's first just talk about what's happening today, which is
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nothing short of incredible in the silver and gold markets.
0:21
We're going to go out and take a look at the spot price right
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now, get a quick update, and then we're going to talk about
0:27
the reasons they are giving US for why we're having wow, up
0:33
$4.00 per oz silver at $77.62 gold at 4990.
0:41
But why? What are the reasons why we're
0:44
being told the gold and silver price are moving like they are?
0:48
OK, let's go out to Kitco and there's some really good news
0:52
embedded in what they're telling us.
0:54
Kitco, Our friends at Kitco tell us this, which is Gold and
1:02
silver rally on bargain buying. Remember that there's an
1:07
important reason why we're going to remember that Gold and silver
1:11
prices are sharply higher near midday Wednesday.
1:13
Prices are seeing corrective bounces from Tuesday's losses as
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well as some perceived bargain hunting.
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April gold was up 116 in March. Silver prices were up $4.30.
1:27
Guys, think about this. The reason why I wanted to bring
1:30
that up, if they're talking about gold being a bargain at
1:36
$5000 per oz, silver being a bargain at 77 dollars, $78 per
1:43
oz, the bargain hunters are coming in for $80 silver,
1:48
basically. That's a very good sign.
1:51
OK, that's actually a sign of a floor being put in, and there's
1:56
no doubt about it. If we can get a floor, let's
2:00
focus on silver at 80 dollars, $75 per oz.
2:04
Even if it takes, Oh my gosh, it would feel like forever, another
2:09
month or two or possibly even longer that we build a base in
2:13
silver at 7570, even possibly $80 per oz.
2:19
Do you realize where they could bring us?
2:21
We're going to look at a chart from a guy who's calling for
2:23
$159 silver by the end of the year.
2:26
But that's a very, very good thing when they're telling us
2:30
that it's bargain hunters. Take a step back and think about
2:34
it. Bargain hunters buying silver at
2:37
a spot price of $77 per oz. But wait, there's more because
2:41
there's speculation that a part of this big bounce maybe because
2:45
of a leak that came out. We're going to take a look at
2:48
that. Again, I want to emphasize
2:50
speculation, however, the silver trade put this out this morning.
2:56
The silver rally continues after the US critical minerals price
3:02
floor plan was leaked. And again, silver being on the
3:07
US Geological Association, whatever the heck it's called, a
3:11
critical minerals list. And now JD Vance has talked
3:14
about putting in price floors. Will that include silver?
3:18
Was there indeed a leak? Well, let's go out and see what
3:21
the Bloomberg headline says because Bloomberg has this.
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US agencies have developed critical minerals price floor
3:31
system. Oh, this is getting interesting.
3:34
OK, and there's a picture of a dump truck with some rare
3:38
earths. That's what rare earths look
3:39
like, by the way. But the important thing here is
3:42
that if indeed they do put out a a price floor, and if they
3:47
include silver, who knows what people know.
3:50
Again, I will Bloomberg said that.
3:52
But then I think anything past what Bloomberg said we could
3:56
label as speculation, but we aren't speculating even without
4:00
a price floor. But if they do put in a price
4:03
floor, that's going to be massively, it's recognition.
4:08
We're going to focus on silver. It's recognition just how
4:12
critical silver has become. We are living in a whole new
4:17
world for silver and gold guys in particular for silver with
4:21
everything that that's going on right now, let's look at a chart
4:25
that shows us and is calling for $159 per oz silver by year end.
4:32
And there's something really, really important for us to
4:35
remember when we look at this chart before we do that.
4:38
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4:40
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5:29
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The new year of the horse coin that they have available.
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5:44
OK, VI PRB. Now let's go look at this chart
5:50
that shows us something very, very, very optimistic about what
5:54
is happening in the silver price right now.
5:56
This came from a doctor, Doctor Potassium, and I believe he
6:02
really is a PhD. He says silver back to basic
6:05
parabolas aside, returning to the major trend line here would
6:10
still get us to my end of year target of $159 per oz on time on
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a linear basis. This chart is amazing guys.
6:19
If the major trend line fails, that's a different story, which
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it has not and certainly has not after what we're experiencing
6:27
today. We'll cross that bridge if we
6:29
come to it. The bull market is still on.
6:32
Go back to bed you bears and take a look what he pointed out.
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Really easy to see right? The yellow line is the trend
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line going all the way back to probably August of last year.
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And guys that is absolutely, absolutely still in play and
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what he is looking at as we go through the rest of the year.
6:57
Because remember, on a chart like this, the time is on the
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horizontal axis, which of course, oops, hold on here, hold
7:05
on man, we are full of tech issues today, right here we are
7:09
right now. This goes all the way through
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December of this year. And if this trend line
7:16
continues, that's how he gets us to 159.
7:20
The important thing to remember look, the volatility in the
7:22
silver market that we've experienced over the last three
7:26
years is nothing short of it's, I don't know what's a word to
7:29
describe something beyond historic right?
7:33
It, it statistically was impossible what happened on that
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Friday, January 30th, that crash, that manufactured
7:42
manipulative price action that was orchestrated speculating
7:47
here, but probably by some of the people at the futures market
7:51
or possibly the LBMA. Nonetheless, the volatility that
7:55
we've experienced has been, has been hair curling to say the
7:58
least. But the big key thing to
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remember when we looked at that chart is that the long term,
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well, going back to what would we say, August of last year, the
8:08
trend is still in place. But even more important for us
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to realize in particular as silver investors, volatility is
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part of the game. Do you remember between 1970 and
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1980 when the silver price went from like $1.50 all the way to
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$50.00? Do you know that like in 1974,
8:29
there was a major correction in the silver price, 40 something
8:32
percent, I think 47%, right, in 1974 and then silver went up by
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like 10X from there. It's part of the game.
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Volatility in the silver market is a feature, not a bug.
8:50
It's part of the process. And again, the same thing
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happened between 2001 and 2011 when the silver price went from
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under $5 per oz to about $50 per oz.
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We had major pull backs very similar to what we just
9:05
experienced during that period. It feels like it's over.
9:09
It feels like the rally's over. It's done.
9:12
Let's take our silver toys and go home, right?
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It's normal for that to feel that way.
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That's that creates a new base, a consolidation that allows for
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the price to go higher. Look, I'm not a financial
9:24
advisor. I don't have a crystal ball.
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Always be responsible, OK? Don't make any big decisions.
9:30
But that's what I believe. And that's what not just, I
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believe that's what history has shown us, real numbers, real
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other situations, both of which occurred in the last 50 years.
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And think about this, when you're talking about silver,
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it's been around for like what, 4633 years?
9:54
OK. So 50 years is not that long of
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a time period within the broad scope of how long silver has
10:02
been, has been valuable. Next we're going to talk about
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the Comex. Oh my gosh, did you hear right?
10:08
The Comex is going to blow up. Is it?
10:10
Is the, is the Comex going to break the Clomx, the Crimex,
10:14
some people call it, or are our hearts going to break?
10:18
But still, there's a big positive take away from all
10:21
that. Let's say thank you to 1st
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10:25
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10:27
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They're a development stage company with two multi million
10:39
ounce big big projects in Canada, Spring Pole in Ontario
10:44
and Du Parquet located in Quebec, each of which separately
10:49
have millions of Oz of gold in the ground.
10:53
In Canada that's very rare. There aren't a lot of big, big
10:58
development stage gold projects in favorable jurisdictions like
11:03
Canada. A lot of things going on with
11:05
first mining gold. They're working through the
11:07
development process could be a catalyst.
11:10
Rich 2026, always do your own research.
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Remember, I'm not a financial advisor, but you can learn more
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about them at firstmininggold.com.
11:18
Now on to the COMEX. Everybody's clickbait,
11:21
clickbait. The Comex is going to blow up.
11:23
The Comex is going to blow up. It's going to break.
11:27
Or is it our hearts that are going to break?
11:29
Let's let's examine. Let's just say what the facts
11:32
are and you can be the judge for yourself.
11:35
Honza Serenade, one of our favorites, says this COMEX is
11:40
down to 92 million of registered inventory.
11:43
Remember, that's the ounces of silver held by the COMEX that
11:48
are available to satisfy the futures contracts.
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OK, there's another category called eligible.
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Those are already claimed. Those are owned by ETS.
11:56
Other people registered is what matters.
11:59
The March open interest is now at 285,000,000.
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He says. Do the math.
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That's about 193,000,000 more paper than deliverable metal.
12:10
But guys, I don't want to be Debbie Downer.
12:12
I don't want to be the bearer of bad news.
12:14
But trust me, the smartest people in the room are saying
12:19
that this probably is not going to happen.
12:22
Anything's possible eventually. Do I think the comex will go
12:25
bye, bye? Yeah, I do.
12:27
I don't think that it's I don't think they can keep it up for
12:29
much longer. But let's go look at what what
12:32
some of the smart people are saying and I'll explain to you
12:35
why we should not be anticipating that the Comex is
12:41
actually going to blow up Ole Hansen says This this chart is
12:46
dry and Ole's very highly respected.
12:50
This chart is drawing considerable attention, showing
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us the SIH 6 open interest Stillwell above the volume of
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registered Comex. I'll tell you what that is in a
13:01
second. Held silver available for
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delivery. So he's basically saying what
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Hansa just said, right? There's a lot more futures
13:09
contracts out there then there are actual ounces of silver
13:12
available to satisfy that demand, he said.
13:16
With 9 days remaining before the 30 day delivery window opens, he
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says in yellow. In the coming days, open
13:24
interest will likely decline sharply through roll activity,
13:30
which means they move the March contracts to May or outright
13:36
position closures, meaning people buy out their position
13:39
basically themselves, sell it, close it, whatever, whatever the
13:42
case may be. OK, let's look at his chart
13:47
which shows us this. OK.
13:50
Eligible is in orange, that's this orange silver up here and
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over here, right, millions of Oz 600,000,500 million, 400 million
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registered is in blue. And as you can see right now,
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OK, that's the present moment down in the lower right corner,
14:09
yes, the blue, the registered inventory is going down, down,
14:13
down down to what 93,000,000 I think, right that about right
14:18
there 93,000,000 somewhere in that range, OK.
14:21
However, what we need to look at here is the SIK 6 and the SIH 6.
14:29
This is the May, I'm sorry, I'm sorry.
14:33
The SSIH 6 is the is the current contract, the March contract, as
14:39
you can see, right, because of what Hans they talked about roll
14:43
that it's some of it rolling and some of it being actually closed
14:47
out. It is going down.
14:49
But the Gray line represents is the May contract here.
14:53
I'll circle it right there. OK, as you can see, that is
14:57
going up. I'll just tell you what the
14:59
smartest people in the room are saying because look, I'm I'm I'm
15:03
I'm smart and I follow this stuff closely, but I don't spend
15:06
endless hours trying to understand the intricate details
15:09
of the Comex or the LBMA for that matter.
15:12
But essentially what's going to happen is that Gray line, OK,
15:16
this Gray line that you can see there, which is the May contract
15:19
is going to continue to go up while the black line, the March
15:24
contract will continue to go down.
15:26
And it is very likely, OK, very, very likely that we are not
15:31
going to see the Comex break. I know it seems you can look at
15:34
these numbers right now and say, oh, it's going to break and it
15:37
could happen. No, I look and I'm I'm not going
15:40
to be I'm not going to be sad if it happens, no doubt about it.
15:43
But, but very most likely it's going to all work out.
15:47
They'll work, they'll work their paper games, they'll kick the
15:50
can down the road a little bit further and you know, we'll go
15:55
to. But the reality is the, the
15:57
despite all that, the, the silver market is in a whole new
16:02
world. The whole new operating system
16:05
has been installed and that operating system is called
16:08
physical demand. And here's a little something
16:10
real simple to see that shows us in a new way to look at
16:15
something that we've looked at before, but shows us in no
16:18
uncertain terms that we are still in good shape when it
16:22
comes to silver. Five straight years of silver
16:26
deficits. This is interesting.
16:28
I didn't realize this. Five straight years we've had a
16:31
silver deficit, 773,000,000 ounces in deficit.
16:37
When you add it all up, when you aggregate it or you get the
16:40
cumulative #773,000,000 ounces in deficit since 2021.
16:47
That's nearly one full year of global mine supply erased,
16:54
right? Because the the whole world
16:56
produces only about 800 million ounces of silver per year.
17:01
And this was a chart put out by Silver Elephant mining.
17:04
Just a little bit different way to look at it when you see it in
17:07
a list format like that. Red, red, red, red, red, red.
17:10
So again, since 2021, so we are now in the fifth year of
17:14
deficit, more proof that we're OK when it comes to silver.
17:18
But there's some scary stuff going on in the world.
17:20
You know, silver and gold are safe haven assets.
17:25
They thrive on uncertainty, right?
17:27
They've been around for 5000 years.
17:29
They've had everything, including the kitchen sink,
17:32
probably many kitchen sinks thrown at them.
17:36
They've seen every form of Fiat money come and go.
17:38
They've seen it all. Silver and gold have survived no
17:41
problemo. But there is some potential big
17:44
uncertainty. And I'm going to put this under
17:46
the category of speculation. And I never like to see war.
17:50
I don't like war. But you know, there's a lot of
17:53
uncertainty in our world right now.
17:54
And this came out this morning, which is a little bit scary.
17:58
OK Oh, wait, wait, wait, wait. Hold on.
18:01
We'll come back to that. Wow.
18:03
We got more to talk about about silver.
18:06
I forgot more good news about silver.
18:07
But first, this Eric Young, who's super respected, super
18:12
reliable, put this out. What is going on, Question mark?
18:17
And this was a tweet from the war monitor.
18:20
They said just insane. Well, they said this 1st 25
18:24
tankers are now seeing airborne carrying US assets to Europe.
18:29
Excuse me, in the Middle East, just a huge airlift is going as
18:34
ongoing, blah, blah, blah, blah, OK.
18:36
And then he updated it saying just insane.
18:40
Five more tankers have launched in the past hour.
18:43
Can't emphasize enough how big this airlift is.
18:47
And some people speculate that when these, and they track all
18:51
these these things, excuse me, sorry about that, they track all
18:58
these things. And when these big airlifts are
19:00
going on, they, you know, sometimes that's a precursor
19:04
that there may be some major world events that are going to
19:08
occur. Again, gold and silver safe
19:10
haven assets. But there's even more reason for
19:13
us, more data that tells us silver in particular has a very
19:19
optimistic runway ahead. And the reason is this.
19:22
Let's check this one out from Hanza again.
19:26
Silver isn't overcrowded, right? You hear that?
19:28
Oh, silver is in a bubble. Silver.
19:30
No, it was a physical driven rally that didn't have a bit of
19:33
a little bubblicious type activity there for about four
19:37
weeks. But silver is not in a in a
19:39
rally and I'm sorry, in a bubble.
19:42
It's in a rally. It's bare, also barely owned
19:46
according to the In Gold We Trust report by Ronnie Stoferly.
19:51
That's the man right there. Only .03% of global wealth is
19:59
allocated to silver today. Back in 2011, OK, back in 2011
20:06
when silver was less, that was actually point O 6.
20:10
And if my mathematical skills are correct, to get to from
20:13
point O3 to point O 6, we would need nearly a double right in
20:19
the, in the silver price basically at this point to make
20:22
that point O 6. If the silver price doubled,
20:27
right, if silver went to 160 an ounce, well, then we'd be back
20:30
at the 2011. And guess what?
20:33
There's nothing saying when we look at all these ratios, the
20:35
gold to silver ratio, the amount of world wealth that's invested
20:39
in silver, There's nothing saying that they can't go higher
20:43
than what these previous highs had been.
20:46
All right, guys, look, we got a lot of great stuff that's going
20:49
to happen in the world of gold and silver.
20:52
I want to say thank you to a company that supports Ron's
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basement. Don't forget dirty man safe.
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the pirates did are right, check out dirty man safe.
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they first sent this to me, I was like, wow, this is cool.
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OK, it's dirty man safe and there's a discount code.
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where is it? Right there about first mining
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yard. Look, a safety deposit box is
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great as fireproof safe is great.
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But you can also diversify and keep things in the ground
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because let's just say that burying things in the ground has
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been the time proven way to protect valuables.
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Just ask any pirate who's been around for 800 years, They'll
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tell you, maybe they'll tell you where they got a little bit of
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that treasure buried as well. All right, guys, thank you for
22:05
joining me today. All right, please subscribe to
22:07
the channel. I forgot to ask you that.
22:09
That means a lot to me. And upstairs, Susie.
22:13
Oh, and thank you. Hey.
22:14
And please, you know who this is?
22:17
That's my wife upstairs Susie. I wouldn't be here without her.
22:21
Happy belated Valentine's Day. But she also just informed me
22:25
that we have a super chat. So let's go out and check that
22:28
out. Super chats are always super
22:30
appreciated. Never expected.
22:32
Hey, renegade designer man, you are consistently very, very
22:37
generous. On behalf of myself, Susie,
22:39
thank you. OK, we're actually going to head
22:42
out to lunch and maybe I'll buy her a Diet Coke with that.
22:45
So thank you. No, seriously guys, thanks for
22:49
being part of this community. We love to get here.
22:52
We call ourselves basement dwellers.
22:54
I'll be back tomorrow. Let's let's hope for continued,
22:59
right? We don't need to hope long term,
23:01
but short term, we can hope for continued strength in the
23:04
precious metals prices. After everything we talked about
23:08
today, after everything we've been talking about, the future
23:11
looks bright. OK.
23:12
Take care. OK.
23:13
And I will see you. Yeah, I see you.
23:16
I see you right now. But I'll see you next time as
23:19
well. Bye.
23:20
Bye.