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**Silver STAMPEDE!** Look for THIS to Happen SOON! - (Gold Price News Update too) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  Silver and gold are experiencing unbelievable developments right
• 0:05
  before our very eyes. We're going to talk about the
• 0:07
  reasons and a lot of examples why we can remain optimistic.
• 0:11
  This morning we've had some volatility.
• 0:14
  The GDP numbers came out, if you believe those, right,
• 0:18
  Supposedly, then that lowered expectations for rate cuts.
• 0:22
  Guys, it's all a big mirage. We're going to talk about why
• 0:25
  later in this video. It's funny because I'd already
• 0:28
  had the plan to talk about this idea that gold and silver are up
• 0:33
  because of anticipation of rate cuts.
• 0:36
  You'll understand it after we talk about it.
• 0:38
  But first, let's go take a look at this.
• 0:40
  Just to reiterate that there is a scramble, right?
• 0:43
  A scramble for gold and silver all around the planet.
• 0:47
  This just popped up right before we came on.
• 0:50
  This comes from Bullion Star. They are a major silver and gold
• 0:55
  bullion dealer in Singapore, one of the biggest, one of the best.
• 0:58
  And they put this out this morning.
• 1:00
  There's a line around the block at Bullion Star as gold hits
• 1:04
  record highs, silver as well as you know, But look at this
• 1:08
  picture that they posted just a few short hours ago.
• 1:12
  That's what's happening around the world.
• 1:14
  And remember how important it is for us, right, to keep in mind
• 1:18
  the gold and silver are a worldwide market.
• 1:21
  It's not just the United States. Actually, the world is taking
• 1:26
  over when it comes to silver and gold, and that's a very good
• 1:29
  sign when we're seeing lines like that.
• 1:31
  Next, let's talk about something from Marin Catoosa that can give
• 1:35
  us a real optimistic feeling about what to expect for the
• 1:39
  silver market in the coming months.
• 1:41
  Before we do that, most importantly, thank you for
• 1:44
  joining me down here in the basement.
• 1:46
  You're a basement dweller when you're down here with me.
• 1:49
  You're welcome here. We'd love to talk about silver
• 1:52
  and gold. Please subscribe to the channel.
• 1:55
  It's free. We don't charge for anything
• 1:57
  here. Give the video a thumbs up.
• 1:59
  That thumbs up thing, share it with your friends and leave a
• 2:02
  comment in the comment section. But let's see Marin Katusa,
• 2:05
  somebody that I've always had massive amounts of respect for
• 2:09
  in the precious metal sector, and he pointed this out real
• 2:13
  simple, but real powerful. Yesterday, he said we are now
• 2:17
  entering the strongest months of returns historically for silver.
• 2:23
  So what this chart shows us is silver seasonality average
• 2:28
  monthly returns since 2000, so for the last 25 years.
• 2:32
  And as you can see on this chart, we are heading into this
• 2:37
  period, there's January through May.
• 2:41
  And as you can see on the chart, we are all green, OK, all green
• 2:46
  on average during those months. Jesse Colombo, probably one of
• 2:53
  the sharpest and and most followed minds analyst within
• 2:58
  the gold and silver sector has something big to say about gold,
• 3:02
  right. And there's a reason why we want
• 3:04
  to pay attention to gold. Gold is gold's the grandpa,
• 3:08
  right? Gold is the grand poobah of all
• 3:11
  the precious metals. And silver will follow.
• 3:14
  And we know there could be a slingshot move in silver as the
• 3:17
  gold to silver ratio compresses. But he's talking about now
• 3:21
  basically all clear for $5000 gold.
• 3:25
  Yeah, yeah, yeah, yeah. We know, we know.
• 3:27
  Don't worry. We're going to go look here and
• 3:29
  get an update on the gold and silver price in just one second.
• 3:32
  That GDP numbers through a small little wrench into, but last I
• 3:37
  checked we were still green. Again, we'll go check, but let's
• 3:40
  see why. Jesse says we we're all clear
• 3:43
  for $5000 gold and that will have a big impact on the silver
• 3:47
  price. He says this OK, gold's big
• 3:51
  breakout is here. Gold's breakout above the key
• 3:53
  4400 resistance level on Monday set the stage for a surge to
• 3:59
  5000 and beyond, possibly within a month or so.
• 4:05
  OK, basically all this stuff I've highlighted for you in
• 4:08
  color, I'm going to show you on a chart here next, basically
• 4:12
  says that the gold price broke out of a triangle pattern 1st
• 4:15
  and then broke out of a horizontal resistance level.
• 4:19
  He says here, let's just go to the last paragraph.
• 4:23
  This was yesterday. Today's 2.5% surge in gold
• 4:26
  pushed it decisively above the 4400 resistance level.
• 4:31
  OK, closing at an all time high of $4480 on COMEX.
• 4:37
  This is a strong bullish development and exactly what
• 4:40
  I've been anticipating in discussing in my recent updates.
• 4:43
  I believe this breakout now sets the stage for the next rally
• 4:47
  towards approximate $5200. Again, this is the bubble Bubble
• 4:52
  report, which is a sub stack that you can subscribe to.
• 4:57
  Super successful, probably the, you know, one of the most
• 5:01
  respected names right now in the precious metal sector.
• 5:06
  And I'm going to show you what he talked about in his article
• 5:11
  there. OK, talked about this.
• 5:14
  We had a triangle pattern that started back in October.
• 5:19
  Well, at least this is how I see it.
• 5:21
  Hold on. Let me let me fix that for you.
• 5:23
  Up, up, up, up. There we go.
• 5:26
  OK, so we had a triangle pattern starting back in October that
• 5:30
  went like this. OK, remember.
• 5:33
  Or a wedge pattern? Triangle pattern.
• 5:35
  Eventually, if there's a pattern like that, a wedge, the price is
• 5:39
  going to break out one way or the other.
• 5:41
  As you can see right here, that happened with gold, right?
• 5:45
  Right around what? The end of November, OK.
• 5:48
  The second big key is, I understand it that he's talking
• 5:52
  about is that we also broke out of this horizontal resistance
• 5:59
  level and now are really in the clear.
• 6:01
  And actually hold on here, it was a little bit higher than
• 6:05
  that because this is probably the daily closing prices that
• 6:09
  we've recently broke out of that.
• 6:12
  And from there, right what he's saying is $5000 gold or higher,
• 6:19
  which is awesome. Now let's switch over to silver
• 6:22
  and let's talk about, we'll call him the one of the one of the
• 6:25
  wise, one of the wise veterans of the silver world talking
• 6:30
  about triple digit silver. This is going to come out later
• 6:33
  today on Jesse Day's Commodity Culture, but there's a little
• 6:37
  clip where Bob Moriarty talks about, guys, how how crazy
• 6:42
  things are, how different things are right now in the silver
• 6:46
  market in particular. Let's pull this up and listen to
• 6:49
  what he has to say. And there's Bob, but let's make
• 6:54
  sure we give. There's Jesse Day.
• 6:56
  He runs the Commodity Culture YouTube channel.
• 6:59
  He says silver could be very close to $150.00.
• 7:02
  I don't think this is an ordinary market.
• 7:04
  I think this market is literally out of control.
• 7:08
  Let's listen to what Bob has to say.
• 7:10
  It's just 56 seconds long and it's packed with exciting
• 7:15
  information. At 53 to 1, silver could be
• 7:19
  $83.00 an ounce, and at 30 to 1, silver could be very close to
• 7:25
  $150.00. I don't think this is an
• 7:30
  ordinary market. I think that the market is
• 7:35
  literally out of control. It is not controlled by COMEX,
• 7:40
  it's not controlled by Chicago, but London, It's controlled by
• 7:45
  Shanghai and central banks. But the moves in gold, silver,
• 7:51
  platinum, I I think are actually very dangerous.
• 7:55
  And Fred used for made an interesting comment recently and
• 8:00
  said you don't really want to live in a world of $10,000 gold.
• 8:05
  And I'd say because it implies $40 a gallon gasoline at 53 to
• 8:14
  1. OK, guys.
• 8:15
  So we have that and on top of that of story getting a ton of
• 8:20
  news right now is basically that silver has called the Comex
• 8:25
  bluff. Bob just talked about it.
• 8:27
  But there's even more evidence, right, that we are in new
• 8:30
  territory, a new day, a new paradigm for the silver and we
• 8:35
  know gold as well. But let's dig into what's going
• 8:38
  on, why people are saying that the Comex right?
• 8:41
  First the Fed kind of lost some control.
• 8:43
  Now that the Comex Fed lost control over over over over
• 8:48
  monetary policy and gold and silver, but now that the COMEX
• 8:51
  is possibly losing control completely over the silver
• 8:56
  price, let's head out here and see what our friend silver trade
• 9:01
  had to say. This is critical and this is
• 9:03
  this is getting a lot of attention.
• 9:05
  There's a reason why we want to pay attention to this, but also
• 9:08
  a warning that I want to give. You said on December 12th, So
• 9:11
  what? Just 11 days ago, the COMEX
• 9:15
  hiked silver margin rates 10% in a desperate attempt to halt the
• 9:20
  rally in the silver price. When the hit occurred, we stated
• 9:24
  it was likely silver would see a short term sell off as
• 9:27
  speculators were forcibly flooded, rushed out of the
• 9:30
  futures market. But shortly after physical
• 9:34
  accumulation would send silver prices higher.
• 9:37
  Ten days later, silver prices have rallied over 11% from the
• 9:41
  COMEX margin hike hit, touching a high of $69.51.
• 9:47
  So this is a long standing trick that they use at the COMEX to
• 9:51
  manipulate down the silver price.
• 9:54
  When things get very tricky, they'll raise the margin rates.
• 9:57
  OK, it didn't work this time. Now couple things, key things we
• 10:02
  want to we want to we want to talk about with this.
• 10:05
  All right, they may have more tricks up their sleeve, OK, they
• 10:09
  can do things like like limiting position sizes and other things
• 10:14
  along those lines. But at the end of the day, I
• 10:17
  think everyone now is beginning to realize that the physical
• 10:21
  market is taking over. OK, this is a big, big deal,
• 10:26
  right? We are in kind of a battle right
• 10:28
  now between the supermarket in the physical, like a turning
• 10:31
  point of a fork in the road where we're seeing the actual
• 10:35
  physical demand for the metal overtake.
• 10:38
  It's happening in London, it's happening in New York, it's
• 10:42
  happening in the United States, it's happening in in in China,
• 10:46
  right? It's happening all over the
• 10:47
  world. Russia, where physical demand
• 10:50
  eventually overtakes the paper price again, be forewarned.
• 10:54
  And they may have some other tricks that we don't even know
• 10:57
  about yet in an attempt to keep the silver price down.
• 11:00
  But at the end of the day, I'm confident.
• 11:03
  Remember that game? Rock, paper, scissors.
• 11:06
  OK. And then rock, paper, scissors.
• 11:09
  Paper beats rock, right? Paper covers rock.
• 11:11
  Well, now we have the opposite at this point.
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  Rock, right, the silver, the reel is beating paper.
• 11:18
  So hold on, it's going to be wild.
• 11:20
  Let's go out and do a price update and check on
• 11:22
  backwardation. We've gotten into a state of
• 11:25
  backwardation lately in the markets, and uh oh, did I
• 11:30
  forget? Oh, man, I forgot to show.
• 11:33
  There's that last Comex thing. Sorry about that, guys.
• 11:36
  All right, here we go. I'll share the right screen now.
• 11:39
  Sorry about that. Here is an update on the gold
• 11:42
  and silver price. I'm going to do a refresh.
• 11:45
  Let's see where we are, OK. Oh, come on, gold.
• 11:50
  Come on, don't be red. Oh, wow.
• 11:53
  OK, so look at that gold back up $16.00 per oz silver in the
• 11:58
  futures market. Boy, they, they can't even, they
• 12:02
  can't even push down the silver price with, with GDP numbers
• 12:07
  which are very, very, let's look at a one day chart and see what
• 12:10
  happened here. OK, wow, look at this guy's.
• 12:13
  This is a one day chart of silver.
• 12:16
  As you can see those GDP numbers came out which were supposedly
• 12:20
  good. We went way down, but we are
• 12:23
  coming back up. Now what we want to pay
• 12:25
  attention to is the price in the futures market, which is let's
• 12:30
  say $69.85 compared to the spot market, OK, we are, we are in a
• 12:39
  state of backwardation. The spot price it now it's $70.
• 12:43
  Hey, we're unbelievable. We're at $70 silver in the spot
• 12:47
  market in the spot market is now higher than the futures market.
• 12:51
  That is backwardation that is very unusual that signals that
• 12:56
  there is concern about the potentially for silver to be
• 13:01
  delivered on those futures contracts which are out into
• 13:04
  March that we just looked at earlier.
• 13:06
  Mainstream media is joining us, man.
• 13:08
  We got a lot to cover today. Hold on here.
• 13:11
  All right, just want to pull this up quickly and then talk
• 13:14
  about why what mainstream media is saying about silver is wrong
• 13:20
  and why we can be super optimistic about how this will
• 13:23
  play out. But here's an article from Yahoo
• 13:25
  Finance. Why is silver outperforming
• 13:28
  gold? What to know before you invest
• 13:30
  alright, they talk about the gold to silver ratio.
• 13:33
  They talk about expectations Remember this, this is the big
• 13:36
  key there everybody's now talking about it we're going to
• 13:38
  see what Bloomberg says next. Expectations of rate cuts in the
• 13:42
  future so let's go straight to Bloomberg and see this headline
• 13:47
  from Bloomberg. Gold and silver hit all time
• 13:51
  highs as geopolitical tensions rise.
• 13:54
  OK, now this is short. We'll read it.
• 13:56
  Gold and Silver Sword is escalating geopolitical tensions
• 13:59
  and bets on further US rate cuts.
• 14:02
  But we're going to look at something here that shows that
• 14:06
  that that's not really the case and that when it actually does
• 14:09
  happen, it could be a yet another tailwind for the price
• 14:13
  of silver and gold and bets on further US rate cuts.
• 14:17
  Added momentum to the best annual performance in more than
• 14:20
  4 decades. Bullion climbed as much as 2.4%,
• 14:24
  surpassing the previous record for gold of 4381, while silver
• 14:29
  rallied as much as 3.4%, closing in on $70.00 an ounce.
• 14:33
  And as we just looked at that's the case, so they're telling us,
• 14:37
  let's let me tell you the reason why this is so important.
• 14:40
  They're trying to feed the normal people out there who we
• 14:44
  like to affectionately refer to as there's a sheeple warning,
• 14:48
  the sheeple, the herd, right? That hey, hey, the reason gold
• 14:53
  and silver are going crazy is because everybody thinks
• 14:55
  interest rates are going to go down.
• 14:57
  Well, really, let's go look at the Fed watch tool and see what
• 15:00
  expectations are for interest rates from the Fed next month.
• 15:05
  But also, we'll go all the way out to October of 2026, and
• 15:09
  we're going to see, I think that that's not actually the case
• 15:13
  right here. Hold on, Let me make this a
• 15:16
  little more. Here we go.
• 15:18
  Get you on the right screen #1 #2 make this a little smaller so
• 15:23
  you can see it better. Here we go.
• 15:25
  OK, this is from the Fed Watch tool.
• 15:28
  You can go hear yourself. CME Group Fed watch.
• 15:32
  The next Fed interest rate decision will be in 36 days.
• 15:36
  It'll be as you can see on this chart.
• 15:40
  Here we go it will be on the 28th of January that I've
• 15:46
  underlined in red there. The current rate that the Fed
• 15:49
  has is 3.5 to 3.75 guys, there is a 86 percent, 85%, I'm sorry
• 15:58
  chance that rates are going to remain the same down here 3.5 to
• 16:02
  3.75. So this idea that gold and
• 16:06
  silver are going up because of, of of of imminent interest rate
• 16:10
  cuts is a much a bunk. But it gets even more
• 16:13
  interesting when you go up here, these Gray tabs, you can see at
• 16:17
  the top, I'm going to go to October of 2026.
• 16:21
  All right, here we go. We pull out the crayons for you.
• 16:24
  There we go. October 28th of 2026 again, the
• 16:29
  current rate 3.5 to 3.75 basically.
• 16:34
  OK, if we draw a line here, right here's here's a quarter
• 16:39
  percent cut, OK, there's a 30% chance that rates are only going
• 16:44
  to be 1/4 percent lower. Everybody's all crazy about what
• 16:48
  Trump is saying, that I'm going to lower rates to 1 percent, 1%.
• 16:51
  These are the actual big money odds.
• 16:54
  This is what the futures market is telling us of, of what to
• 16:57
  expect in October of 2026. And right now, right, they're
• 17:02
  saying, oh, here there's a 33% chance that rates will be only a
• 17:08
  half percent lower and only a 20% chance that rates will be
• 17:13
  what, three quarters, 75 basis points lower.
• 17:17
  So think about that. If we actually do get if that,
• 17:21
  if those, if those charts actually do change, we have not.
• 17:25
  I don't believe Bloomberg, I don't believe Yahoo Finance.
• 17:27
  I don't think the gold and silver are up because if people
• 17:30
  were thinking the big money would have the odds of the rate
• 17:34
  cuts of being more, more severe, of having lower rates next
• 17:38
  month, in January or October 2020.
• 17:42
  Sixth, much, much lower, if we even get close to what Trump is
• 17:46
  talking about 1% rates. That's what Donald Trump is
• 17:49
  saying. He wants interest rates at 1%.
• 17:52
  I mean, guys, this idea of $10,000 gold, $200 silver is, is
• 18:00
  in our sights, I guess. I guess that's the best way to
• 18:03
  say it. OK, Is there a shortage of
• 18:06
  silver out there? There's a bunch of stuff going
• 18:08
  around. I'm going to show you.
• 18:09
  These are from a day ago, but still I think pertinent for us
• 18:13
  to look at and it's has to do with kilo bars of silver and,
• 18:18
  and people claiming that they're sold out.
• 18:20
  Silver tray put this out. And I think at the time this was
• 18:23
  true Top precious met metal dealer JM Bullion sold out of
• 18:27
  all kilo silver bars. Now again, this was on December
• 18:30
  21st, then there's another one, OK, JM Bullion was sold out now
• 18:37
  that at this point, and then this was on looks like the 21st
• 18:41
  as well that there was a shortage or an apparent, you
• 18:44
  know, developing shortage in kilo silver bars.
• 18:49
  Couple key things for us to remember about this.
• 18:51
  I went out and looked before I came live.
• 18:53
  It looks like there's still a lot of kilo bars available.
• 18:56
  Although I'm not taking away from what they posted.
• 18:58
  I believe what they posted was accurate at the time.
• 19:02
  But I think what's critical, the reason why we want to pay
• 19:04
  attention to this is because think about it, in the United
• 19:07
  States, US Americans, we buy 10 oz bars, 100 oz bars.
• 19:12
  One, we buy everything in ounces.
• 19:14
  The kilo bars are more popular on a worldwide basis.
• 19:19
  And again, it's so important for us to realize, right?
• 19:23
  I know I live in Saint Louis. Everybody, if you're Americans
• 19:26
  think America's like it, right? No, the whole world is involved
• 19:31
  in the silver and gold market. And on top of that, the other
• 19:35
  thing, I'd be interested to hear what you think about this, but I
• 19:39
  know that the kilo bars are also a lot easier to meltdown.
• 19:43
  I've heard that from people I've talked to like the bigger bars
• 19:47
  they like if they need to repurpose them into the big
• 19:50
  giant bars that go on to the the Comex and the L BMA.
• 19:54
  And that's what's happening right now in America.
• 19:56
  The refineries are backed up, right, because they're melting
• 19:59
  down junk silver, they're melting down silver that some
• 20:03
  Americans, and we're getting different reports on that as
• 20:06
  well, are cashing in and then shipping that metal.
• 20:10
  So a lot of people speculate over to China and India that are
• 20:14
  like, yeah, yeah, yeah, yeah, yeah.
• 20:15
  We'll take it. We'll take it, send it our way.
• 20:19
  We'll take your silver, please, America, send us your silver.
• 20:23
  So we'll keep an eye on that. And the other thing to remember?
• 20:27
  Not to throw water, because I can get a little overly
• 20:30
  exuberant too, About all silver shortages at your local coin
• 20:33
  shop. You know you're going to go in.
• 20:35
  And I've been through that. If you've been through that.
• 20:37
  I've gone into my local coin shop in the in the display cases
• 20:41
  were empty several times in the last 10 years, one strain C-19,
• 20:45
  and there was another period as well.
• 20:47
  But we got to remember something very important.
• 20:50
  Yeah, we want to keep an eye. We want to look at the lines of
• 20:52
  people outside the the Bullion Star in Singapore, all that
• 20:56
  great stuff. But the reality is this guys,
• 20:59
  the retail silver, it does have an retail silver demand does
• 21:03
  have an impact on the silver price, but really it's not the
• 21:06
  main driver. The main driver are the big, big
• 21:09
  exchanges and the big physical demand coming through from
• 21:14
  industry and other sources as well.
• 21:16
  So let's go look, Can you believe this?
• 21:20
  Can you believe what's happening?
• 21:22
  Let's go take take a look at what the price of silver closed
• 21:24
  at in China. Hold on here, get the right
• 21:28
  screen up for you. There we go.
• 21:30
  This comes from, I'm going to give him credit, our friend, the
• 21:33
  Oriental ghost who puts this out every day.
• 21:36
  I will look at this other screen as well, which makes no sense to
• 21:39
  me, but unbelievable that yesterday, OK, just a few short
• 21:44
  hours ago on the Shanghai Gold Exchange, which is China's spot
• 21:49
  market for silver, Silver AG on the Shanghai Gold Exchange
• 21:55
  closed at $72.65. That is a physical market.
• 22:02
  Now what's interesting about this, right, is this that's
• 22:07
  higher than where we were when where we are in the United
• 22:10
  States. Let's go hold on here real
• 22:11
  quick, share this. There we go.
• 22:14
  OK, so we're at $70.20 in the spot market in the United
• 22:19
  States, as you should be seeing on your screen.
• 22:22
  However, OK, Of course, in China it's a little bit higher.
• 22:27
  But guys, remember this was it about a year ago, a year and a
• 22:31
  half ago, even maybe nine months ago, there were times I remember
• 22:35
  where the physical price for silver in China was 1015% higher
• 22:41
  than what it was on the spot market in the United States.
• 22:45
  What that is telling us is OK, is what something very important
• 22:50
  and that is that now China, right?
• 22:53
  The fact that the COMEX is catching up and getting closer
• 22:57
  and closer and closer to the Shanghai Gold Exchange, it's
• 23:01
  proof in my opinion, and I know it's true that the Chinese
• 23:06
  markets, right, the Eastern markets are now having much more
• 23:10
  significant impact on the price of the metals.
• 23:14
  The, the, the LBMA, I'm sorry, the LBMA and the COMEX are being
• 23:18
  forced more to follow the Chinese.
• 23:21
  The Chinese market was way out of headway higher at one point
• 23:24
  now, right? The COMEX and the LBMA are being
• 23:27
  forced to follow much more closely what's going on there.
• 23:31
  And it gets even more interesting because don't forget
• 23:33
  this. We've got something exciting
• 23:35
  coming our way in the world of silver.
• 23:38
  Make Gold great again points out something super interesting.
• 23:43
  And some of us may say, excuse me, exciting Chinese silver
• 23:50
  export controls. Export controls start in 11
• 23:55
  days. This was from yesterday.
• 23:57
  So yeah, now we can say, gosh, when was this from?
• 24:00
  Hold on the 21st. Yeah, so it starts in less than
• 24:04
  10 days. The world's largest
• 24:06
  manufacturer, China. The world's largest metals
• 24:10
  refiner, China. I didn't know that.
• 24:12
  The world's second biggest silver miner.
• 24:15
  Miner China. The world's largest solar
• 24:19
  manufacturer. China.
• 24:21
  This is fine dumpster fire, right?
• 24:25
  Saying China, saying no, sorry West, we are not going to
• 24:29
  replenish your vaults at the LBMA.
• 24:32
  We aren't going to replenish your vaults at the COMEX.
• 24:35
  You are on your own. Remember something powerful.
• 24:39
  OK, hold on here. Having some tech issues.
• 24:43
  Make sure we're back. Are we back?
• 24:45
  Yeah. Did I say thank you for being
• 24:47
  here? And then we got something very
• 24:48
  powerful to talk about. Yeah.
• 24:50
  You OK? Seriously, you're the most
• 24:53
  important part of this. Without you being here, I
• 24:55
  wouldn't be in the basement doing these live streams.
• 24:57
  It's unbelievable. We got 1000 people on with us
• 25:00
  right now. More and more people are coming
• 25:04
  into the precious metal sector. Welcome to the newcomers, us
• 25:08
  veterans. Be nice to the newcomers.
• 25:10
  Teach them about precious metals.
• 25:13
  All right, we got 200 bikes. OK.
• 25:16
  Sounds great. Thank you.
• 25:18
  This is upstairs, Susie, for those of you who are new, that's
• 25:21
  my wife. She helps and she loves to give
• 25:24
  you a high 5 S, high 5. But yeah, thank you.
• 25:27
  Thank you for being here. We don't ever charge for
• 25:29
  anything. Don't forget to please subscribe
• 25:32
  to the channel and right support our sponsors like First Mint.
• 25:37
  They're producing world class silver bullion products right
• 25:41
  here in the United States in Las Vegas, NV.
• 25:44
  Please check them out. They're owned by First Majestic
• 25:47
  Silver, right? So when you get silver from
• 25:49
  First Mint, it's from the mine to the mint to you.
• 25:53
  You can check them out at First mint.com and our sponsor First
• 25:56
  Mining Gold, Canadian gold development stage company with
• 25:59
  two multi million ounce projects Massive, 2 Massive projects gold
• 26:05
  projects gold in the ground in Canada.
• 26:08
  You can check them out at firstmininggold.com.
• 26:12
  I'm going to ring the golden gong.
• 26:13
  We're going to say hi to some people.
• 26:15
  But before we do that, the most powerful thing going, OK, this
• 26:19
  is a big deal. Silver doesn't get any love
• 26:24
  until it really starts taking off.
• 26:26
  And we are still in the early stages of take off.
• 26:30
  That's just my opinion, whether we're talking about stocks,
• 26:33
  silver, relationships, whatever. I'm not a marriage counselor.
• 26:37
  I'm not a financial advisor. Don't do anything based on what
• 26:41
  I say, but I believe we are still in really.
• 26:44
  Maybe I don't know what you think, but it feels like to me
• 26:47
  we're I'm going to say we're still in the second inning if it
• 26:50
  was a nine inning baseball game and as people start to catch on
• 26:55
  not only in the world, but in the United States as well and
• 26:59
  not only a we got a super chat. Thank you older a old dirty
• 27:04
  bastard garage. Good to see you ODBG.
• 27:07
  But as people start and not just people, but the overall
• 27:11
  investment community, right? I was talking with Rodger,
• 27:16
  another very, very, very well respected smart person in the
• 27:21
  precious metal sector this morning and we both pretty much
• 27:24
  agreed, right? The generalist investor still
• 27:27
  hasn't shown up to the precious metal sector, to the precious
• 27:31
  metal mining sector. And when they come into the
• 27:34
  precious metal mining sector, that's going to be good for the
• 27:37
  whole gold and silver ecosystem. And what's good for the gold and
• 27:40
  silver ecosystem is good for the.
• 27:43
  It's a wonderful, wonderful thing.
• 27:45
  But the big key take away here is silver hasn't really started
• 27:50
  to get the attention that it deserves on a worldwide basis.
• 27:53
  It's a little better than the United States.
• 27:55
  But in the United States, I can tell you, right, my neighbors,
• 27:59
  my cohorts, I live in a middle, upper middle class, you know,
• 28:03
  area. I talked to people that are
• 28:05
  intelligent, right? Average, intelligent Americans,
• 28:08
  if that's such a thing. And people still are not waking
• 28:12
  up to the fact that the dollar is printed out of paper,
• 28:16
  digital, whatever, and going down in the gold and silver,
• 28:22
  been the place to be for years and years is more and more of
• 28:25
  those people wake up. OK, look, you know it is.
• 28:29
  And again, I'll go back to what I said earlier.
• 28:31
  Retail investment isn't the major driver, but it is a
• 28:35
  driver. And it's going to be a situation
• 28:37
  where the average person, unfortunately, is going to have
• 28:40
  a very difficult time getting their hands on physical metal.
• 28:43
  That's what I think's going to happen.
• 28:45
  That's what I think we're going to see in the next couple years.
• 28:48
  I'm going to say hi to a few you guys in one second.
• 28:50
  Let's ring the golden gong. Got over.
• 28:52
  This is our good luck golden gong.
• 28:54
  For those of you who are new, you can hear it resonate just
• 28:57
  like the the sound of higher golden gold and silver prices
• 29:03
  are going to resonate. OK, and that's the golden gong.
• 29:12
  And here's the old silver bell. Yeah, new all time highs and
• 29:17
  silver. Yeah.
• 29:18
  Another day in paradise. Right, guys?
• 29:20
  All right, I want to say hi to a few of you guys, please.
• 29:23
  What I want you to do in the comments section is tell me
• 29:26
  where you're joining us from. I'm going to try to do my best
• 29:30
  to get get out five or ten. Hello, Mark Guerra and old Dirty
• 29:34
  Bastard Garage. Merry Christmas.
• 29:36
  Thank you for the Super chat, my friend.
• 29:38
  OK, there's Katie. Hey, there's C130 Hercules.
• 29:42
  Good to see you. Long time Jess Studios, West TX,
• 29:46
  Connecticut, southern Manitoba, Arizona.
• 29:50
  Hello Susie, Montana, Idaho, Silverback, Cleveland, OH.
• 29:57
  I love Cleveland, New Jersey. Wow, I can't even get Portland
• 30:00
  OR's Suntan Valley, West Palm Beach, the Netherlands, Spokane,
• 30:05
  WA, Silverton OR the UK. the United Kingdom silver 600
• 30:11
  inbound. I like that.
• 30:12
  Vermont, West Virginia, Tennessee.
• 30:15
  Germany. All right.
• 30:16
  Yeah. We are everywhere in the world.
• 30:18
  Western Kentucky, man. Guys, imagine that.
• 30:21
  Pennsylvania, New Plymouth, New Zealand.
• 30:23
  Susie and I went to New Zealand. Loved it.
• 30:25
  Venice Beach, Sussex, England. Oh, man.
• 30:30
  California. You're making me lose my voice,
• 30:32
  guys. Venice Beach, Florida.
• 30:35
  And we are the. The globe is lighting up South.
• 30:38
  Georgia, Grandview, MO. I'm in Missouri.
• 30:41
  The state of Missouri, California, Ireland, Bama,
• 30:46
  Alabama. We go to Orange Beach every
• 30:48
  year. Love Alabama, South Carolina,
• 30:51
  Slovenia. Wow.
• 30:52
  Germany. Wow.
• 30:54
  Texas, Lithuania, North Bend, WA Halifax, San Diego, Florida.
• 31:02
  I can't even think about trying to say all your names.
• 31:04
  Utah, Turkey, Minnesota. Man, maritimes in Canada, nor.
• 31:10
  This really warms my heart. I'm seeing the whole globe light
• 31:13
  up. Florida, England, Essex,
• 31:16
  England, Netherlands. I'm Dutch.
• 31:18
  Did you may not know that? My great grandpa?
• 31:20
  They were boars. South Africa, gold, Boer War.
• 31:24
  Anyway, Virginia, Illinois. Merry Christmas.
• 31:27
  All right, guys. Thanks for being here.
• 31:28
  Thanks for being part of the basement.
• 31:30
  OK. I appreciate you have a
• 31:32
  wonderful, wonderful holiday. If I don't see you beforehand,
• 31:37
  take care of yourself, all right?
• 31:39
  And it's going to be a wild, wild ride.
• 31:41
  And precious metals. We're in it together.
• 31:43
  It's a big, big honor to have you here.
• 31:45
  Take care, and I'll see you. I'm talking to you, OK?
• 31:49
  You're important, all right? You're the apple of your mama's
• 31:52
  eye. And I want to see you back here
• 31:54
  again in the basement. Bye.
• 31:55
  Bye.