Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 💰 BIG Silver Price and Gold Price UPDATE 💰 - You Best LISTEN to this NEWS

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💰 BIG Silver Price and Gold Price UPDATE 💰 - You Best LISTEN to this NEWS · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:00
Warning, warning, there's warnings everywhere about gold
0:03
and silver. We're going to cover those, but
0:05
we're also going to talk about the big interesting reasons why
0:10
on an intermediate, maybe short term but definitely long term
0:14
basis, we are a OK when it comes to precious metals, gold, silver
0:19
and precious metal mining stocks.
0:21
We're also a OK When you join me down here in the basement, it's
0:25
a big deal that you come down here, you choose to be here.
0:28
Your time is valuable. I want you to feel like you
0:31
found a home away from home. You're always welcome down here
0:34
in the basement. Please subscribe to the channel
0:36
that's free. Leave a comment in the comments
0:39
section. We don't have to agree with each
0:41
other. That's actually how we can
0:42
learn. You won't believe how much you
0:44
can learn by reading the comments.
0:46
Anyway, let's talk about these warnings.
0:48
I promise in two hours we're going to hear about the Federal
0:51
Reserve's interest rate monetary policy decision.
0:55
We're expecting a 25 basis point cut.
0:58
Cut, not put, cut. It's an easy put.
1:02
Anyway, 25 basis points is a fancy way of saying a .25% cut
1:08
in interest rates if that's what we get.
1:10
And if we get dovish future commentary wording, whatever you
1:15
want to call it, it's going to be a OK probably in the short
1:20
medium interim for the gold and silver price.
1:23
If we get a half percent cut, it's going to be probably rough
1:27
and choppy, especially for silver.
1:29
And the reason why is because that would signal that there's
1:33
some difficulty in the markets or in the economy.
1:37
And I want to get proper credit. Phil Streibel from Blue Line
1:40
Futures is where I heard that. And it makes sense.
1:43
And I think he's one of the smartest, sharpest minds out
1:46
there. He puts out a video every
1:47
morning. And no, I'm not being paid to
1:49
say this. If we get no cut, obviously all
1:54
bets are off. But there's basically like, I'm
1:56
not even going to bore you by showing you the CME Fedwatch
1:59
tool. There's basically a 0 percent
2:02
chance of a 0% rate cut. There's like a 96% chance,
2:09
excuse me, 96% chance of a 25 basis point rate cut and about a
2:15
4% chance right now of 1/2 percent rate cut.
2:19
We could have some turbulence, we could have some, but the the
2:22
bottom line here guys is long term, medium term, we're golden.
2:26
OK, We're going to look at a bunch of reasons why we're
2:29
golden and silver and in this video, but we got one more
2:32
warning. Warning.
2:34
OK, look, I know I don't like to talk things that are scary about
2:38
gold and silver, but Marin Catoosa, you pull this up for
2:42
you. I am NPFC.
2:46
We're going to go to this one later, but I'll pull it up right
2:48
now. And now we will go to Marin
2:52
Catoosa. Make sure we got the right
2:55
screen up, OK? Yes, we do.
2:58
OK. Marian Catoosa is a guy that I
3:01
respect immensely in the precious metal sector.
3:04
He put out a caution, A cautionary tale.
3:07
Now remember, the golden gold and silver price aren't
3:10
connected at the hip. But obviously gold is the
3:13
granddaddy of all precious metals.
3:15
The grandpa the the leader of the pack.
3:18
He's got a cautionary tale as Gold hits $3700.
3:22
It's sitting at its most overbought monthly level since
3:26
the previous 1980 peak. Here's the other post that he
3:29
put out. Highway to the Danger Zone.
3:32
Gold is seeing its highest monthly RSI reading in 45 years.
3:38
So we've got gold in the RSI is down here on the bottom.
3:42
We can see that's pushing up into the 90s, but it is the
3:46
highest level. Well, it's circled in red
3:48
already for you since all the way back to 1980 when, you know,
3:55
that was, you know, the end of the 1970s stagflation era, very
3:59
similar to what we have right now.
4:01
When gold skyrocketed from 1970 to 1980, silver went from like
4:06
$1.50 to $50 per oz. But the cautionary tale is this,
4:10
that we're sitting at this, at this very high RSI number.
4:15
Just to give you an idea, you know, I'm not a tech guru,
4:19
technical analysis guru, but the RSI just so we can learn
4:23
together. The Relative Strength Index is a
4:26
technical analysis indicator developed by Wells Wilder
4:29
Junior. I bet he was a wild guy that
4:32
measures the speed and magnitude of recent price changes in a
4:35
security. So speed and magnitude of
4:38
pricing changes in a security to detect overbought or oversold
4:43
conditions. Now let's go back real quickly.
4:47
Just want to point this out on this chart, you know, gold has
4:50
been overbought before and stayed overbought for long
4:54
periods of time. So even if we come back down,
4:57
you know, if it does it on a slow gradual way, we aren't
5:00
talking about a gold price correction.
5:03
I would be shocked. And look, I'm not a financial
5:05
advisor, don't make financial decisions based on what I'm
5:09
saying. I'm just usually right but
5:11
sometimes wrong. I would be shocked if we saw the
5:14
gold price ever print anything below $3000 again.
5:19
I would be real surprised. What do you think if even the
5:22
gold price got to 32133 hundred? So those are the reasons for a
5:26
worry. Let's move on to the reasons to
5:28
be happy. Before I do that, I want to say
5:30
thank you to channel sponsor First meant First Mint is owned
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by Keith Neumeyer's First Majestic silver.
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First Mint is in Las Vegas, NV in the United States where they
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They get their silver from First Majestic.
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cool packaging and when you open it up, it's the 1776 Freedom
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great case and I want to show you on their website where you
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can check this out for yourself. Hold on here, let's go out to
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1st mint and here it is on the website. 10 oz silver cast
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freedom bar and you know the price is reasonable for
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something that's very collectible, $467 for a 10 oz
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Keith Newmyer's the CEO of that company, right?
7:42
One of the most respected in honored names in the precious
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metal sector. So please check them out let
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them know you're from Ron's basement.
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Don't forget I didn't tell you already there's a discount code
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VIPRB. OK, let's go to the good news OK
7:56
there is money flowing into there's a reason why this is a
8:00
very important. There's a reason why this is a
8:02
big deal. There's money flowing into both
8:05
the gold and the silver ETS. The missing link on the demand
8:11
side of gold in a particular has been Western investment demand
8:17
and we're starting to see that pick up.
8:19
That's how I analyze this data. But let's take a look at it and
8:23
see for yourself again, right when we get that Western
8:25
investor who shows up, yeah, you can go to your local coin shop
8:30
and they got silver. They got it piled up on the
8:32
sidewalk out in front, right. But but the ETF that is more
8:38
oriented towards higher investors and institutional
8:43
investors, those types of people.
8:45
So that's a big deal. That retail side.
8:47
Look, we're important, no doubt. I'm not putting us down, but we
8:50
aren't really like the major contributor to the investment
8:54
demand. We love our silver.
8:56
And look, you know, I love silver, love holding silver as
9:00
well. But that ETF side is what we
9:02
really need to keep a look at, keep an eye on.
9:04
Sorry, we're going to go out to our friend Chris Marcus, guy
9:09
I've got a lot of respect for also.
9:11
He's been in the silver sector for years.
9:14
He's got a sub stack that you can subscribe to.
9:17
Our key Arcadia Economics Gold and Silver daily.
9:22
This headline. Gold and silver continue to flow
9:25
into the ETF. So I'm just going to bring you
9:27
down to the charts. You can subscribe and read this.
9:31
We're going to talk about the dollar here in a minute.
9:33
Here's Gold Holdings, Transparent Gold Holdings.
9:37
This goes back to 2023. I think it's a two year chart.
9:41
The blue line is the number of Oz millions of Oz of gold held.
9:45
The gold line is the gold price. As you can see, starting back
9:50
probably what, April of 2024, about a year and a half ago, it
9:54
started to go up, but then it really went up starting in April
9:59
of this year. Now wait, there's more.
10:02
There's a lot more actually, this is a close up view of the
10:07
last six months. We can see the same thing.
10:09
I mean, look at that steady increase in the blue line.
10:11
That's GLD, I'm sorry, ETF and funds and Oz going up and up and
10:18
up. And here's the five year chart.
10:22
You can see like we still, we're not like at all time highs.
10:25
We got a big the, the, the take away from this chart is there's
10:28
still a good long way to go on the silver side.
10:31
Let's switch gears over to silver.
10:35
Let's see here. This is also a looks like a two
10:39
year, yeah, a two year chart of the blue line being the millions
10:42
of Oz. I mean it that really started
10:46
back in early 2024. So we're almost a year and a
10:50
half now of a let's just draw on this cuz we we got to get the
10:54
crayons out back in what maybe February around my birthday of
10:58
2024. Look at this steady upward
11:02
sloping increase. And again, the importance thing,
11:05
we talk about this all the time. What we don't see from that blue
11:09
line, Let me see if I can hear, I'll, I'll cheat, I'll make my
11:12
own blue line. What we don't see is this right,
11:16
a spike up because those spike up, spikes up are always
11:20
accompanied always, always, well 99% of the time by a big spike
11:26
down. Instead, as I previously drew
11:29
for you, hold on as we're having a nice steady and even kind of
11:35
an increasing upward trend on that chart.
11:38
OK, let's go back and look at the next one, see if this will
11:42
get us. Here we go.
11:44
All right, six months, there it is on a six month basis.
11:47
Again, that blue line represents the millions of Oz of silver
11:52
held in ETFs and funds. So there's money coming in,
11:57
right? There's money coming on.
11:58
There's the five year chart. Again, the big thing.
12:01
And we saw the same thing with gold.
12:03
With gold, it was even a little more pronounced where we are
12:07
right now, right? When we look back, what, four or
12:10
five years ago, that was probably the C-19 crisis.
12:13
We're not like in Nosebleed territory, right?
12:16
We're in healthy territory, no doubt about it.
12:18
And the big take away here, guys, is the fact that this
12:21
represents increasing interest, increasing demand from the
12:26
bigger players for physical gold and silver.
12:30
That is a good, excuse me, a good thing because as that
12:33
continues to go up and up and up.
12:36
And don't worry, for those of you who are just joining now, by
12:39
the way, thanks to you latecomers, this was a snap live
12:42
stream. Please subscribe to the channel
12:44
upstairs. Susie will be very grateful.
12:47
That's Susie, my wife, who occasionally yells at me through
12:51
the walkie-talkie. But the big thing, the big take
12:53
away, guys, if we get Western, this is the deal.
12:57
Take a deep breath with me. This is a huge deal.
13:00
This is so interesting, so exciting if the other people,
13:04
but sometimes like your neighbors that aren't into gold
13:07
and silver, you know those other people, sometimes we call those
13:11
sheeple, right when they wake up right in the Western demand
13:17
really when you go to your local coin shop and that they don't
13:20
have silver stacked up on the sidewalk in front, having a
13:24
sidewalk sale when there's none in the cases.
13:27
And the reason that's important is because we know that has
13:30
happened before. I remember over the last 1520
13:33
years going to my local coin shop.
13:35
It's huge and there's nothing. And they're like, if you want
13:39
silver, you're going to have to wait for six weeks.
13:42
We got to order it. We'll call you, pay us now and
13:45
we'll call you when it comes in. That can happen.
13:47
The exciting thing is when the Western investor really comes
13:52
back when the sheeple wake up and you know when they buy
13:56
silver. You've seen the cartoon, right?
13:59
People don't buy silver when it's 15 bucks an ounce, 20 bucks
14:02
an ounce like we were. No, they come rushing in when it
14:06
gets to 4840, nine, $50 per oz. I know today's a down day.
14:10
We're fine in the long term. That's the key take away there.
14:13
I forgot to do an update on the silver and gold price.
14:16
I apologize. Let's go check right now.
14:18
I know it's a it's a little bit and then, oh, I got something
14:21
big, a big important thing we need to talk about as well.
14:25
OK, here we go. Share this tab.
14:27
All right, so gold is gold's crashing down, $1.90 per oz.
14:35
I'm not used to red on these silver.
14:37
OK, taking a little bit on the chin today.
14:40
But here's the important thing, guys.
14:41
Here's what we got to remember about what is going on.
14:44
That's gold. Let's go out here to Silver, and
14:48
we share this with you. This is from our friends at
14:51
CNBC, the authority on financial news.
14:55
Sure. This is the December 2025
14:59
contract. OK, We're down 54 cents.
15:04
OK, let's just remember. Let's go.
15:06
All right, We'll do it right here.
15:07
This is perfect. Let's remember we're at $42.40
15:11
per oz in the futures market one year ago.
15:14
Right now. I want you to think back because
15:17
a lot of you were down here with me in the basement one year ago,
15:19
one year ago today, What was the price of silver?
15:23
See if I can get it to come up. About 30 bucks an ounce, OK,
15:27
We're at $40.00 an ounce plus and we were at $30 per oz one
15:32
year ago. So maybe today, you know,
15:35
doesn't feel good. Yeah, we're going to get the big
15:37
fed thing. You know, I mean it.
15:39
Look, I don't even want to think this way.
15:41
Don't get mad at me for saying this, but you know, even if like
15:44
the worst case scenario were to unfold here, the worst case,
15:49
which I don't think is likely, I'll say that right now, but
15:52
let's say we get back to 3435, thirty $6 per oz.
15:56
We're still in golden shape with silver.
15:59
OK, we're still in great shape with silver.
16:02
All right, let's move on. Bank of America is telling us
16:06
again. And there's a reason why this is
16:08
important. The more focus comes into the
16:11
gold and silver sector as a whole.
16:13
The gold and silver sector includes the physical metals,
16:17
but hey, it also includes the mining stocks because a lot of
16:21
the generalist investors, the mining stocks, are making money
16:24
like we've never experienced before.
16:26
The big miners, remember they're making like $2000 per oz every
16:31
time they dig up 1 stinking ounces of gold out of the ground
16:35
and they sell it for 3637 hundred dollars.
16:38
Their cost to do that is only around 15 or $1600 per oz.
16:43
They're making $2000 per oz. They they got the magic money
16:48
printing machine right now. And when the generalist
16:50
investors and when Wall Street and CNBC start to wake up to
16:55
that, that's going to bring more money into the overall precious
16:58
metals ecosystem. And now we have Bank of America.
17:03
There's a reason why this is important is telling us we have
17:07
an article from our friend Neils at Kitco, Neils Christensen, we
17:13
love his work. He's a great guy used to make
17:15
videos a long time ago but now just as written, but wonderful
17:20
content that he puts out. Thank you, Neils on behalf of
17:23
myself and all my fellow basement dwellers.
17:26
Bank of America sees nearly 1 trillion market cap potential
17:31
for gold miners. This is coming from Bank of
17:35
America, right? One of the biggest, most
17:37
respected, they're saying they're, they're drawing
17:40
attention into the gold sector. A note published last week.
17:44
Analysts said growing investor interest has pushed the total
17:47
market cap of the global gold sector right now to just over
17:50
500, five, 150 billion. However, Bank of America also
17:55
noted that compared to global equities, the mining sector
17:58
represents about .4% of the total global market cap.
18:03
OK, .4% this is the asset gold that like the world central
18:09
banks are buying hand over fist. This is anyway the the oldest,
18:14
one of the oldest besides silver forms of money.
18:17
Roughly in line with the levels seen five years ago, but well
18:20
below its 2011 peak of .71%, they say.
18:24
We wonder if the current market cycle were to continue for a
18:28
sufficient period of time, could the .71% be reached again?
18:32
It seems possible in our view. The analysts said assuming no
18:35
change to the current world equity total market cap, the
18:38
global gold sector at .71% would would equal 990 billion.
18:45
Guys, what's good for the gold mining and silver mining sector,
18:49
right where there are still values abound is good for the
18:52
overall gold and silver ecosystem, as we like to call
18:56
it, the basement system. Hey, well, I've got your
18:59
attention in that sector. I do want to say thank you to
19:01
channel sponsor First Mining Gold.
19:03
They make these broadcast possible.
19:05
That's the stock I owned long before they sponsored my
19:08
channel. Like I said earlier, the big
19:10
gold miners are printing money right now.
19:13
First Mining Gold is a development stage company.
19:17
That means they've defined, they know they have gold in the
19:20
ground. What's interesting about them,
19:22
they're too big. And I mean big, big world class
19:26
size projects are in Canada, the Spring Pull project in Ontario
19:32
and the Du Parquet project in Quebec.
19:34
These are both massive multi million ounce gold development
19:38
stage projects, which means they're working.
19:40
They're not mining yet. They're working through the
19:43
permitting process and making them eventually into mines.
19:47
But these big gold mining companies that I talked about
19:50
earlier, there's a little secret, right?
19:53
They didn't invest a lot of their money over the last 1520
19:56
years in their future pipeline. They weren't doing a lot of
19:59
exploration or development work. As a result of that, they are
20:03
getting to a situation potentially where they're going
20:06
to need to buy other companies that have been doing that.
20:10
There's potential that first mining gold could be there to
20:13
fit. That bill, OK, it's a great
20:15
company. Dan Wilton, CEO, Paul Morris,
20:18
their director of investor relations can actually talk to
20:21
this guy, right? He's he's the world famous and
20:24
illustrious paul.morrispaul@firstmininggold.com.
20:28
Look, I'm not a financial advisor.
20:30
I do own the stock, but stocks are risky, there's risk of loss,
20:35
all that good stuff. Do your own research.
20:37
But like I said, it's a company that I like that I've personally
20:41
and Full disclosure have invested in long before they
20:44
sponsored the channel. When the dollar, let's talk
20:47
about the dollar. There's a reason why we want to
20:49
keep a close eye on the value of the dollar because it has a lot
20:52
to do with the price measured in dollars of gold and silver.
20:57
We're going to talk about some big news out of China.
21:00
And then and then and there's always more, man, there's so
21:03
much more to talk about. But the dollar, let's go up to
21:06
the bubble, bubble report. The dollar, the US dollar has
21:08
been breaking down. And hold on here.
21:13
Oh, wait a minute. Did I forget something?
21:14
Well, we'll come back to this. Let's talk about the dollar
21:17
first, and then we're going to talk about some shocking news
21:19
about the Fed. And this comes from the bubble.
21:23
Bubble report, the guy who has emerged as one of the absolute
21:27
top analyst in the precious metal sector.
21:32
And you can check this out, the bubble Bubble report sub stack.
21:36
But he says this is about the US dollar.
21:38
Back in April, the dollar index broke below the critical 100
21:42
level, which it served as key Technical Support going all the
21:45
way back, all the way back to 2023.
21:47
That signaled to him, to Jesse, a further weakness was likely
21:52
ahead. The dollar index has started to
21:54
break down from the seven month consolidation pattern.
21:57
The next key, because we're guys, the dollar is going down.
21:59
The next key confirmation would be a decisive close below 96
22:04
support level that formed at the July 1st low.
22:07
Look, it wasn't too long ago that we were keeping a close eye
22:10
on the DXY index to see when it would go below 100.
22:13
Now we're talking about 96. That's important because
22:16
horizontal support levels generally carry more weight than
22:20
diagonal ones. If that breakdown occurs, it
22:22
would signal the start of a major leg down accompanied by
22:26
significant increase in volatility.
22:29
And there's been kind of a compression in volatility within
22:32
U.S. dollar. He he, we're going to go back
22:34
and look at this chart. But he says assuming such a
22:36
breakdown occurs, the next immediate level to watch of
22:39
support would be 90. So here is a chart that Jesse
22:43
shared of the dollar index. The blue line there represents
22:47
the 100, the 100 level. Remember we kept a close eye on
22:51
that over the last number of of months.
22:58
Finally, right, we fought, we fought, we broke below it down
23:01
into this range, we consolidated and there was even a bit of a
23:04
like a triangle wedge pattern. But now we have decisively kind
23:08
of moved into this territory. There's the 96 level and what he
23:13
is saying is from there we could go down to 90.
23:16
Look what the gold and silver price would be at 90, who knows?
23:19
But let's just say that I think we can say with a very high
23:22
level of confidence that it would be very supportive to the
23:26
silver price and the gold price. And that personally I could see
23:30
at a 90 DXY index that we could have the silver price reaching
23:35
for that coveted $50 level that we all are ready for.
23:39
What about the big man, the new Hunt brother, as I like to call
23:44
him? He's the triplet.
23:45
Remember the Hunt brothers? They're the ones that cornered
23:47
the silver market back in what, 1980?
23:50
I think that was when it went to $50 per oz.
23:53
Well, we've got David Bateman, this multi millionaire, maybe a
23:56
billionaire, I don't know, But the guy has almost 13 million
24:00
ounces of silver in his possession.
24:02
Probably a little bit of a bigger stack than you and I
24:05
have. But he said something that is
24:08
fascinating about what is going on in the world right now.
24:12
Yeah, that's right. If you do the math calculator
24:15
out yet, he's got over $500 million worth of silver.
24:19
Very interesting. But let's listen to what he had
24:21
to say and think about this, why this is so important as we think
24:26
about the context of where we are with the current gold price
24:30
and of course silver price as well.
24:32
He says, isn't it odd? The only relevant central, but
24:36
hold on a minute here, I'm having some tech issues.
24:38
Here we go. I'll start over.
24:41
Isn't it odd the only relevant central bank not buying gold,
24:46
not buying gold is the Federal Reserve of the United States,
24:50
who could just print the world's reserve currency and buy it for
24:55
free? Think about that, right?
24:57
They could just print money and buy gold, right?
25:01
He also says, isn't it odd that the US government is encouraging
25:06
its own citizens now to buy crypto tokens that compete with
25:10
its own reserve currency while simultaneously implementing
25:14
policies that are driving most foreign countries away from the
25:20
dollar? That I think what he's saying
25:23
here and why we why this is important within the context of
25:27
the silver and gold price. And a lot of people are saying
25:30
this right speculation. But based on some fact, doesn't
25:34
it feel like the current administration wants a much
25:37
weaker dollar? And why would they want a much
25:41
weaker dollar? We know why, right?
25:45
Because the only way they can pay back that 37 1/2 trillion
25:50
dollars in national debt is with a weaker dollar.
25:55
Think about it. Which will create inflation.
25:58
And today we're going to get a cut in interest rates.
26:02
It's all a bunch of smoke and mirrors.
26:04
It's all like a big carnival funhouse.
26:06
I'm telling you guys, that's the reason why we want to pay
26:10
attention to all these pieces, right?
26:13
All these little clues, these scraps.
26:15
Andy Scheckman said that. I haven't heard him say it
26:18
lately. But like, there's all these
26:19
little scraps, all these little hints.
26:22
And every once in a while, do you experience that yourself?
26:24
Like it all comes together in this big gold and silver light
26:29
bulb goes off inside your head, right?
26:34
Trust me, the sheeple, I'm doing a lot of sheeple today.
26:38
They aren't doing that right. They aren't getting it.
26:41
But when we put it all together, it does make great, great sense.
26:45
And now we get news out of China, right?
26:48
That has to do with gold. And Vince Lancy brings up
26:51
another great point. We love Vince, He's beloved
26:55
within the the gold and silver community.
26:57
Super smart guy. I had the honor of having him on
27:00
my channel once before in the past.
27:03
He put this out BBL's ghost on X.
27:07
He says, you know what this is? This is big news out of China,
27:10
by the way, this is the replacement plan for the dollar.
27:15
We're now seeing how they're rolling it out, exactly how
27:19
they're rolling it out and what they're doing to institute the
27:23
change. And this came from the South
27:25
China Morning Post Hong Kong to explore boosting tokenized gold
27:29
trading in city. Then it says the move can help
27:34
shield the city against U.S. dollar dominance amid rising
27:38
geopolitics, sources say, Look, tokenize gold.
27:43
Whether you like crypto, don't like crypto, I'm not here to
27:46
debate that. But tokenize gold when it's
27:49
backed up 100% by the real metal right is a real solution for
27:55
places like China is they want to move further and further away
27:59
from that U.S. dollar dominance. Now, why is that important to
28:03
us? It's important because tokenized
28:06
gold and there's the biggest stable coin company in the
28:09
world, Tether, right? They're behind USDT, the US
28:13
dollar stable coin. They also have UAXTI believe it
28:18
is. I may have that wrong AUXT, I'm
28:21
sorry, which is their gold backed stable coin go backed by
28:26
like every one of those coins that's been issued on the
28:29
blockchain is backed by a real ounce of gold in a vault in
28:34
Switzerland. Audited.
28:36
It can be it can be withdrawn, anything like that, but it
28:41
allows people and that's what China's doing.
28:43
Again, I'm not getting into the crypto debate.
28:45
Not not going there, but tokenized gold and silver for
28:49
that matter, allow people to hold the physical metal, but be
28:53
able to have it, say, save, saved, stored safely in a place
29:00
and bring it with them wherever they go.
29:02
Trade it 24 hours a day, whatever the case may be.
29:05
And you know the other thing to think about when it comes to
29:08
that, I'll just say this because I, I do think it's true and I'm
29:12
open to your thoughts. Leave a comment in the comment
29:14
section. But the other benefit people
29:16
say, well, no, if I don't hold it, I don't own it.
29:19
And I totally get that OK, I don't keep much metal here at
29:22
the house at all, but the metal I do hold here here here's a 5
29:26
oz bar from channel sponsor first met, right.
29:29
This is Susie's favorite right? I love holding it, but I would
29:34
think that a vault like in Switzerland or so it's kind of
29:36
like like using the cloud in the war in the, in the, in the in
29:40
the modern age of technology, right?
29:42
Like Amazon Web service, whatever.
29:44
Like they have better security than a company can do for
29:47
themselves. And I think that's something to
29:49
consider for metals investors as well, like if you're going to
29:52
keep a bunch of gold at your house, maybe a vaulting service,
29:57
maybe they, they know a little more about the security than we
30:00
do individually. Not up for debate.
30:02
I know, right? There's all kinds of, and I
30:04
respect everybody's opinion, no doubt about it.
30:06
The point here, I didn't mean to get off on that tangent, is
30:09
simply this, that the China is exploring tokenized gold, right?
30:15
That will make gold, it makes it more functional within the
30:19
Chinese economy. And if you heard the news that
30:22
you know, China, India also, they got like 1.4 billion people
30:27
and they have a real, let's say love for gold.
30:30
As a matter of fact, I got a special treat for you.
30:33
You want to go for a want to go for a trip to the Chinese gold
30:36
market while in the United States.
30:39
There's a reason why this is important in the United States.
30:42
While we go to our local coin shop and they got gold and
30:44
silver piled up on the sidewalk, having sidewalk sales in China
30:49
it's a little bit different story.
30:51
And don't forget they are the major emerging, I mean is the
30:55
major price discovery Center for the precious metals.
30:59
But even when we look at what's going on on the retail side in
31:04
China, take a look at this crazy interesting.
31:07
Let me see. I'm going to get this up on full
31:09
screen for your viewing pleasure because you deserve only the
31:12
best when you come to the basement.
31:13
I don't know if the volumes working, but this is 23 seconds
31:16
long and then I'll read what I think it's David Lee said about
31:19
this. But this is the Chinese retail
31:22
gold market. At my local coin shop, I want to
31:32
go there you guys want to go on a field trip I mean look at that
31:38
I've been to some big coin shows lately.
31:40
I've been to the local coin shop and I'm not seeing anything like
31:44
that. Hello to all our fellow gold and
31:47
silver stackers over in China. Let's go see what he said about
31:52
this. And I'll give you the exact
31:55
location of where that was. That's from David Lee.
31:58
That's the Shenzhen Shubai Gold Market on Saturday, just last
32:02
Saturday, Shenzhen, today's high, it's 91°.
32:06
People continue to enjoy free AC OK?
32:10
He says there's nothing to do in a collapsed economy.
32:12
That's interesting. But I think the key take away
32:15
there is, remember, the world is bigger.
32:20
I love my country. I love what the founding father
32:22
set out. I'm sure you do too.
32:24
But the reality, guys, right now in 2025 is that the world is
32:29
much bigger and the world is changing like never before in
32:34
our history. The president of China, when
32:36
meeting with Vladimir Putin, said it a year ago.
32:39
And I think it's even more pronounced now, like the world
32:41
is changing more now than it has any other time in 100 years.
32:46
What are the facts that we know, right?
32:49
The Chinese central bank is hoarding gold where the world
32:52
central banks are hoarding gold. But China is is emerging, India
32:57
is emerging. You can even say Russia, right,
33:01
is more of a world power. The world is becoming more of a
33:04
fair and level playing field. But the big point that we need
33:08
to remember is that those countries, they place a total
33:13
different level of importance on precious metals, right?
33:19
They know the value, they know history, OK?
33:23
And like we looked at earlier, like David Bateman showed us,
33:25
right, the United States Federal Reserve is the only major world
33:30
central bank who's not buying gold right now.
33:33
Heck, the Russian, the Russian government is even buying silver
33:37
right now. And there's speculation that
33:39
there's going to be other central banks buying silver.
33:42
I think we're in for a wild, wild ride ahead.
33:45
Look, we got big news coming up in a very short time, little
33:48
over an hour from the US Fed. No matter what happens, take a
33:52
deep breath, OK? We could have some massive moves
33:55
in the market. It could be a nothing burger
33:58
important thing for us to remember.
34:00
Look out three months from now. Look out six months from now.
34:04
How does that make you feel about the fact that you're
34:07
invested into silver, gold, and maybe even the precious metal
34:11
mining stocks? I think you're going to feel
34:13
real good if you are invested in silver and gold.
34:16
Let's say you got a safe. You have a safe at your house,
34:19
huh? Maybe you don't believe in those
34:21
Goldback Silverback stable coins.
34:23
To each their own, no doubt. But let's say you got some gold
34:27
and silver. Do you have a safe at your
34:28
house? Do you have a safety deposit box
34:31
at the bank? Well, now there's another option
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You know what? I got to hypnotize you Because
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right there, right behind me is another dirty man safe.
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Hold on. Yes, I'm wearing shorts.
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Sorry. There it is right there.
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All right there. Remember when they hypnotize
34:57
you, I'm going to swing it back and forth.
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This is The Dirty Girl safe. This is a safe that you bury in
35:02
your yard. Same thing the pirates did.
35:04
That's worked for thousands of years.
35:05
Where do you bury? Right.
35:06
Where did Mother Nature bury all the gold and silver in the
35:09
ground? There's a tube.
35:11
You can go to dirtymansafe.com and learn about this.
35:14
This is The Dirty girl. OK, But if you look on there,
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there's a discount code. Ron 10 Now remember for first
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You'll get a 10% discount. These things are cool.
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This is the smallest one. They make The Dirty girl
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whatever you might want to put near gold, silver, valuables,
35:38
keys, whatever, whatever floats your boat.
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None of my business. I've got a Unicorn inside this
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one, but it's super robust, it's super cool.
35:47
You seal it up, bury it in the ground.
35:50
You don't tell anybody, all right, anybody where you did it
35:54
in your yard. Maybe you tell your spouse,
35:56
whatever. But you can check them out at
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dirtyman.com. Thanks for being here, guys.
36:01
Please subscribe to the channel, Susie.
36:04
And I want to say thank you for coming down here.
36:06
Really the most important part of this channel is you.
36:09
If there weren't, if there wasn't this community that came
36:12
together right there be no point in me coming down here.
36:15
And I know we share a lot of the same perspectives on what's
36:18
going on in the world. And of course, we differ on some
36:22
other ones as well. That's OK.
36:23
Like I've said before, right? That's how we can learn is by
36:26
listening to each other. I'm always here.
36:29
I consider you a friend. I want you to take care of
36:32
yourself, OK? And I will see you soon.