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💥SILVER Stackers -- You Best PAY ATTENTION to This! ⛩️ (Gold Price Also) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  Silver shortage, silver squeeze skyrocketing silver prices 60
• 0:06
  dollars 100 dollars $600.00 per oz.
• 0:10
  Are we relying on miracles or are we looking at mathematics?
• 0:16
  And do the mathematics tell us that we are definitively in for
• 0:20
  much, much higher silver prices? In this video, we're going to
• 0:25
  look at the reasons why you, as a silver investor can be
• 0:30
  optimistic about the future of the silver price.
• 0:33
  We're going to look at incredible data out of China and
• 0:37
  India when it comes to silver. This is real.
• 0:40
  This is happening right now in real time.
• 0:44
  We're going to look at NVIDIA. We're going to look at AI, how
• 0:47
  that could drive the silver price much, much higher.
• 0:51
  We're going to look at a little data from our friends over at
• 0:54
  the COMEX in the OBMA, the London Bullion Market
• 0:57
  Association, and we're going to look at the big picture of the
• 1:01
  secret factor that we often forget about.
• 1:04
  That is the overriding force that will help even more propel
• 1:09
  the silver price as we move into the coming months, quarters and
• 1:14
  years. Our friends over at Arcadia
• 1:21
  Economics, that would be Chris Marcus Gold and Silver Daily Sub
• 1:24
  Stack, to which I have a link in the description of this video.
• 1:28
  We're going to skip ahead to some silver data that he just
• 1:31
  published from India Silver imports.
• 1:35
  They pulled back to just over 500 tons.
• 1:38
  However, guys, and let's just pull this chart up and look
• 1:42
  here. The dark blue line is 2024.
• 1:46
  As you can see, October was right here about 500 tons.
• 1:51
  But what's important to realize is the annual number.
• 1:57
  And if we go a little further down in his article, he points
• 2:00
  out something very interesting, says this leaves India on track
• 2:05
  for a historically strong year of silver imports at
• 2:08
  approximately 7000 tons in 2024 with two months still remaining.
• 2:17
  So if we pull up this chart through September, we see that
• 2:20
  India has imported 6500 tons of silver.
• 2:24
  We know that October was another 500.
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  That puts us at 7000. If we conservatively estimate
• 2:31
  that they will import another 500 tons per month in November
• 2:36
  and December, we can easily come to a number of, yes, you got it,
• 2:43
  8000 tons. If we figure that 8000 tons of
• 2:48
  silver is equal to 256,000,200 and 56,000,000 ounces of silver,
• 2:55
  are you kidding me? That's more than 30% of the
• 2:59
  world's mine output alone this year being imported by India.
• 3:04
  Now if we go to China, it gets even more interesting.
• 3:08
  We're going to go to the Silver Academy for some data on China.
• 3:13
  Right now, China's industrial demand for silver comes in at
• 3:17
  almost 9000 metric tons. That equals almost 290,000,000
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  ounces of silver, almost 35% of the world's projected mine
• 3:31
  output for next year, 2025. Again, here's the the India's
• 3:36
  annualized number comes in at close to 40% guys, combined
• 3:42
  China and India demand for silver is eating up almost 75%
• 3:49
  of the world's projected mining output for 2025.
• 3:55
  Let that sink in for just one second.
• 3:59
  Unbelievable silver demand coming out of China make gold
• 4:03
  great on X points this out. The single city in China is
• 4:07
  consuming 8% of all the world's mined silver for a year.
• 4:14
  It's a city called Zhang Zhang, and it's an eco electric plating
• 4:18
  specializing zone. But guys, one city in China is
• 4:23
  consuming 8% of the world's silver that's mined on an annual
• 4:30
  basis. Now take one more step back,
• 4:32
  right? China, India consuming almost
• 4:35
  75% of the world's mine silver. But think about this.
• 4:39
  Both China and India are universally recognized as the
• 4:43
  world's two fastest growing economies, or some of the
• 4:47
  fastest growing. Nonetheless, you get my point.
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  They are expanding. Their consumer classes, their
• 4:52
  industry are all expanding and demanding more and more and more
• 4:56
  silver. They're already sucking up.
• 4:59
  Yeah, that's right, 75% of the world's silver.
• 5:04
  And outside of solar and electric vehicles, both
• 5:08
  industries where there's exploding demand for silver, we
• 5:11
  also have AI. We heard from NVIDIA last night
• 5:15
  of continued expansion, continued incredible demand for
• 5:21
  chips for processing, all related to artificial
• 5:24
  intelligence, all related to new technologies that are only only
• 5:29
  going to grow in popularity, grow in demand, and as a result,
• 5:33
  create growing demand for silver.
• 5:38
  And all of this fits quite nicely into this chart provided
• 5:41
  to us from Mining Visuals, which points out silver market trends,
• 5:46
  rising deficits and soaring prices from the year 2015
• 5:52
  through 2024. Take a look at this guy's the
• 5:56
  black line is the soaring silver price and the rust colored bar
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  that's the size of the silver deficit over the last four
• 6:07
  years. As you can see over 200 million
• 6:11
  ounces in two of the last four years.
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  This is the big picture in which we're working where the mining
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  sector just cannot keep up with the increase in demand for
• 6:22
  silver. And guess what?
• 6:24
  There's been almost no investment into the silver
• 6:27
  mining sector over the last 10 years.
• 6:29
  It's not like there's a bunch of new projects that are just
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  waiting and ready to be turned on.
• 6:35
  It's going to take probably a decade for the silver mining
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  industry to catch up with demand from all the other industries.
• 6:44
  And the only thing that's going to fix that and make that happen
• 6:47
  is price. Price fixes everything We have
• 6:52
  two more big factors to talk about which will propel the
• 6:56
  price of silver and gold higher. But if you think we're in for
• 7:00
  higher prices in the metals, do yourself a favor and check out
• 7:04
  channel sponsor Pimbex Pi MB EX. It's an online bullion dealer
• 7:10
  where you'll find a great selection of products, but
• 7:15
  you'll find them at ultra competitive prices.
• 7:17
  The same exact bullion products that you can get from the other
• 7:21
  big online bullion dealers, but at pin backs.
• 7:25
  If you do a little investigative work, you're going to see that
• 7:27
  they'll provide you with ultra competitive pricing.
• 7:31
  You will get more metal for your money and it's a company you can
• 7:35
  trust. Let's move on now and talk about
• 7:37
  the next factor, which could definitely lead to higher silver
• 7:42
  and gold prices and that would be a potential short squeeze at
• 7:46
  the COMEX or the LBMA guys. They are trading insane amounts
• 7:52
  of paper silver right now in our world.
• 7:56
  Take a look at this from the dude on X.
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  This is just one kind of averageish day trading of paper
• 8:03
  silver. He said the silver market traded
• 8:06
  almost 360 million paper oz yesterday.
• 8:10
  Again, this is data from Wednesday, November 20th, 2024.
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  That means in one day, right? The paper LBMA COMEX markets,
• 8:21
  they're trading like 4045% of the entire annual year's mining
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  output of silver. And one big final factor that
• 8:32
  maybe you forget to remember, you're a, you're a slow learner
• 8:37
  and a fast forgetter if you're anything like me.
• 8:40
  And that is that when we talk about the price of silver for
• 8:43
  the big picture, the overriding force that will also contribute
• 8:48
  to higher prices. If we choose to measure the
• 8:51
  silver price and paper Unicorn fart dust Fiat dollars, that's
• 8:56
  that the dollar is going to go down in value.
• 9:01
  It's an absolute mathematic certainties is true is 2 + 2
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  will always equal for the more dollars that are created and
• 9:10
  there's no other option for the monetary authorities not only in
• 9:15
  the United States, but in the other western worlds that are
• 9:17
  drowning in debt. They've no other option but to
• 9:21
  print money as we head into the coming quarters, years and
• 9:26
  decades that will provide a healthy tailwind to the precious
• 9:31
  metals prizes. I want to say thank you to
• 9:34
  channel sponsor Whoa First mining gold, Canadian gold
• 9:37
  developer with two multi million ounce projects in Canada and
• 9:41
  Fortuna Mining. They're an operating mining
• 9:44
  company, silver and gold mining in Latin America and an
• 9:50
  expanding gold production profile in West Africa.
• 9:53
  You can learn about them and channel sponsor Pinbecks, the
• 9:57
  online bullion dealer at their respective websites, to which I
• 10:00
  will have a link in the description of this video.
• 10:04
  We're in for some good times in the precious metals market.
• 10:08
  We focused a lot on silver today.
• 10:11
  It's going to be a fun year decade ahead.
• 10:15
  I'll look forward to seeing you more here in the basement.
• 10:18
  Thanks for being here right now today, right?
• 10:20
  It's YouTube. So thank you.
• 10:23
  Take care and I'll see you soon.