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⚡WARNING⚡ Jefferson Foretells Future of Silver Price · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  We all want much. Higher.
• 0:02
  Value much higher prices for. Silver and Gold but.
• 0:06
  What is the wall? Street Journal telling us that
• 0:10
  should. Have us all very scared, but.
• 0:13
  Maybe not so scared. About the future value.
• 0:16
  In price of silver. And gold is the wall.
• 0:19
  Street Journal Predicting a depression We're going to dig
• 0:23
  into some fascinating data. That they put out.
• 0:26
  Over the. Weekend well at.
• 0:28
  Least I saw. It over the.
• 0:29
  Weekend, so in my mind they put it out over the.
• 0:31
  Weekend. I don't know when they really
• 0:32
  put it out, but I know. It's from October, so it's not.
• 0:35
  Too old, I bring. You the.
• 0:37
  Latest and freshest news that I possibly can.
• 0:41
  Also. Have you heard of this guy named
• 0:43
  Thomas Jefferson? Maybe you remember him from your
• 0:47
  childhood history? Classes.
• 0:50
  Thomas Jefferson said something. That should scare the boots off
• 0:54
  of all of. Us.
• 0:56
  And it has everything to do with what's going on, right?
• 0:59
  Now in the United. States of America, the.
• 1:03
  World's. Largest economy, he said.
• 1:06
  Something that hell is holding absolutely true today.
• 1:11
  And what does it mean for the? Price of silver and gold.
• 1:14
  Let's do a quick update on the silver pricing gold price this.
• 1:17
  Morning. Right before I came on.
• 1:19
  And by the way, I apologize for. Being a few minutes.
• 1:22
  Late, 'cause I was looking at the gold price and I'm like,
• 1:24
  hey, I'm supposed to be on a? Live stream right now.
• 1:28
  Gold's still up. A bit about 5.
• 1:30
  Dollars and the spot. Market silver up, guys.
• 1:34
  We have gold above $2000. If we can hold here for the next
• 1:39
  few weeks. We're going to get 21. $100 by
• 1:43
  Christmas do you notice? Anything different around me?
• 1:46
  The Christmas tree. With $2100, that's.
• 1:49
  What we are? Expecting by the holidays
• 1:53
  because we're consolidating now and when we get that 2100, you
• 1:57
  know we're going straight up to $2600 per oz and isn't it
• 2:01
  interesting? Remember.
• 2:03
  Remember what, everybody? Said that when gold.
• 2:06
  Shot up like what, 6? Seven weeks ago, gold.
• 2:09
  Went from 1800 to $2000 and. Everybody said the same.
• 2:13
  Thing all those pundits you heard?
• 2:15
  Them. I heard them.
• 2:16
  What were you thinking? They were all saying, oh gold's
• 2:19
  going to shoot up because of all this turmoil.
• 2:22
  In the Middle East. But then it'll drop right back.
• 2:25
  Down and quite honestly. I don't know.
• 2:27
  How you felt. But I've been surprised,
• 2:31
  pleasantly surprised, that the fundamental support has remained
• 2:37
  there. For gold.
• 2:38
  Gold. Didn't do what they.
• 2:40
  All said it would do. They all said it would drop.
• 2:44
  Right. I thought, you know, we'll see
• 2:47
  how it plays out. But gold has hung in there.
• 2:50
  When we talk about gold, we're talking about silver.
• 2:51
  And don't forget. A very interesting fact.
• 2:55
  About silver. Silver always lags gold.
• 2:59
  Meaning there's a little lag in the amount of time and silver
• 3:03
  always moves in a more. Exaggerated.
• 3:07
  Manner. So what does that mean?
• 3:08
  That means we could just now be starting to get this move for
• 3:12
  Silver, and it could move in a more.
• 3:14
  Exaggerated manner. And don't forget our old friend
• 3:16
  Buddy Rumble calls $30 silver. By new.
• 3:20
  Year's. We'll see if.
• 3:21
  Buddy's prediction proves. Accurate, but we are.
• 3:26
  Certainly in an. Interesting time because.
• 3:28
  Gold was supposed to. Shoot up when everything
• 3:31
  happened in Israel and then when things calm down, drop right
• 3:35
  back down. But it forgot about the drop
• 3:38
  right back down part. And as a matter.
• 3:40
  Of fact it feels like. With news over the.
• 3:43
  Weekend that things are. Starting to calm down a little
• 3:46
  more in the Middle East, but why do you ever?
• 3:49
  Ask yourself. Why is gold still?
• 3:51
  Hovering above $2000. Look guys, it's Monday.
• 3:55
  By Friday. Unfortunately, we.
• 3:57
  All know the truth. I don't want to.
• 3:59
  Be negative right I. Prefer to be positive.
• 4:02
  But we need. To be realist by Friday we could
• 4:05
  be. Talking about fighting to stay
• 4:08
  above 1900 for gold. I don't think that's.
• 4:11
  Going to happen. I don't think that the macro
• 4:14
  environment is in place right now to push gold back down to
• 4:18
  1900, silver to 22 again. I mean silver's what hovering
• 4:22
  around 25. I think we're in good shape.
• 4:24
  I think what's exciting is that. Over these last.
• 4:27
  Weeks we've been consolidating, right?
• 4:31
  That means all the people. That wanted to get.
• 4:33
  Out have likely gotten out, and now we've built a strong base.
• 4:38
  For what could be a powerful move through the?
• 4:42
  End of the. Year.
• 4:43
  So I want to ask you a. Question and I'm going to answer
• 4:46
  it myself. Surprise.
• 4:50
  Were you surprised that gold has held?
• 4:53
  Up so darn well. Over the last let's say 2 weeks.
• 4:58
  I've been surprised pleasantly. Surprised, but very happy.
• 5:01
  Let's move on. We got a lot to talk about.
• 5:03
  Wall Street. Journal and Depression Thomas
• 5:06
  Jefferson. What's he got to?
• 5:08
  Do with $1000 an ounce silver Well, we're.
• 5:12
  Going to get to that, OK. I want to remind you, I heard
• 5:16
  this last night. This is look.
• 5:18
  West basement dwellers, we. Stick together and by the way.
• 5:20
  You can show your love by giving a thumbs.
• 5:22
  Up. That's much appreciated.
• 5:24
  I it's Cyber Monday and I'm having a.
• 5:26
  Big Cyber Monday Sale. On subscriptions to Ron's
• 5:30
  Basement, it's free. You know, it's always.
• 5:33
  Free, but please subscribe. I'll put out a new piece of
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  content every day for the. Rest of my life.
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  All you. Got to do is subscribe and press
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  the bell. Everybody keeps saying Ron and
• 5:41
  don't get notified when you go live.
• 5:43
  I think you're being shadow banned.
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  And Bah Bah no you need to subscribe and also.
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  Press the little bell so. That you get notified.
• 5:52
  Right, and you'll get. Notified every day for the rest
• 5:53
  of your life. It's like you got a new friend
• 5:55
  here in the basement. OK I.
• 5:57
  Want you to come? Back even more so I want.
• 6:00
  You to. Leave a comment.
• 6:01
  In the comment section. Below.
• 6:02
  And now I owe. You a favor because you guys
• 6:04
  have given us. Over 100 thumbs.
• 6:07
  Up 300 people on a Monday morning.
• 6:10
  What is going on? I owe you 10 rings of the Bell.
• 6:13
  This is the bell. Warning.
• 6:14
  If you don't like bells. Turn off your headphones.
• 6:16
  Or whatever you need to do go to a happy place.
• 6:18
  But. Ten rings of the bell.
• 6:23
  That's one ring of the bell for each ten thumbs up.
• 6:27
  Did you forget this, basement dwellers?
• 6:29
  There's nothing better for bartering if we get a zombie
• 6:32
  apocalypse. If everything goes horribly,
• 6:37
  don't forget. One ounce.
• 6:39
  Silver coins. One ounce.
• 6:41
  Silver bars. One ounce, silver, anything.
• 6:44
  Is gonna be your best friend for bartering, I heard.
• 6:47
  I think it was Lynette Zang said that last night.
• 6:49
  And I thought, you know, I haven't mentioned that to the
• 6:51
  dwellers. In a while.
• 6:52
  Because. People take like.
• 6:54
  You know, look if you got. One ounce gold.
• 6:56
  Coins more power. To you, brother.
• 6:58
  OK, but it's. Going to be hard to go to the
• 7:01
  grocery store and get a week's worth of groceries.
• 7:03
  With A1. OZ Gold coin, because they're
• 7:04
  not going to be able to give you change.
• 7:06
  So if you are preparing for the worst.
• 7:08
  Case scenario. The one that our.
• 7:10
  Friend, Maybe Thomas Jefferson is painting for us.
• 7:13
  Or the Wall Street Journal, which I.
• 7:15
  Promise I will get to. Right, you might want to have
• 7:18
  some one ounce silver stuff around.
• 7:20
  Do I have any? Here, hold on a second.
• 7:22
  Oh boy, it's all falling apart. Hold on.
• 7:27
  Yes, I do. Here's a one ounce silver
• 7:31
  that's. What I'm talking about.
• 7:33
  That's I got sent to me by. My my good friend coin shop.
• 7:36
  Chris, who's here? On the live stream.
• 7:39
  Now let's move on. Did you know gold is now a tier
• 7:45
  one asset in the banking? System.
• 7:48
  Yes. Tier one people talk about, oh,
• 7:51
  gold. That makes me so angry.
• 7:55
  I must say this. Briefly, OK.
• 7:57
  Don't forget what are the world central banks doing?
• 8:01
  Buying gold, OK? Give me 10 more seconds.
• 8:04
  What? Does that tell us?
• 8:06
  The world. Central banks are buying.
• 8:08
  A record amount of gold I didn't even tell you about.
• 8:12
  This this is a. Bonus feature banking crisis.
• 8:16
  Right. We're going to get to Thomas
• 8:17
  Jefferson. We're going to get to the Wall
• 8:18
  Street Journal. But there's a.
• 8:20
  Banking crisis, right There's. A lot of garbage on.
• 8:24
  The on the balance. Sheets of all these.
• 8:26
  Banks, right. But what about China?
• 8:29
  Did you? Hear this?
• 8:30
  Let's touch on this cause China's the second largest
• 8:32
  economy. In the World and Zheng Zhong no
• 8:36
  Zhong. XI.
• 8:37
  Bank is in big trouble. I'm going to read this to you
• 8:40
  briefly. Stick with me because what
• 8:42
  happens? In China, does affect the United
• 8:44
  States? This is from our friends at
• 8:46
  Yahoo Finance. Troubled China Shadow Bank Warns
• 8:51
  of a. $36 billion. Shortfall.
• 8:54
  Embattled shadow banking giant Zhong.
• 8:57
  Shi. Enterprise Group has revealed
• 8:59
  the depth of its. Financial difficulties telling
• 9:02
  investors it is quote UN quote. Severely.
• 9:06
  Insolvent, do you think? Some of the banks in the United
• 9:09
  States might be. Severely insolvent if they.
• 9:12
  Had to. Mark to market the.
• 9:14
  Value of their treasury. Holdings and their commercial
• 9:16
  real. Estate.
• 9:17
  I digress. OK, there's a cat bugging.
• 9:21
  Me and I told Susie. I didn't want the cat downstairs
• 9:24
  and she said he won't bother you, We'll.
• 9:28
  See if he makes. A.
• 9:29
  A. Showing here tonight.
• 9:31
  Hold on a second here. Here an audit of Zonzi's.
• 9:35
  Debts total of 4. 160 billion. Yuan which?
• 9:40
  Is the. Equivalent of 64 billion U.S.
• 9:43
  dollars. Compared to assets of.
• 9:45
  CN¥200 billion, OK. So they've got debts of four.
• 9:51
  160 billion and they only have. Assets of. 200 billion.
• 9:56
  I'd say they are. Insolvent I would.
• 9:58
  Say that if our. Banks.
• 10:00
  In the United States. Weren't allowed to.
• 10:02
  Engage in Disneyland accounting. OK, Disneyland accounting that
• 10:09
  we would find similar search situations right now, but.
• 10:14
  Especially as we head. Into 2024, But we're not here to
• 10:16
  talk about Chinese banks. Right.
• 10:18
  We're here to talk about the wall.
• 10:20
  Street Journal and Thomas. Jefferson, did you know?
• 10:22
  The market. In the last month, the General.
• 10:25
  Stock market. Your 401K?
• 10:28
  Yes that four O 1K that. If you're like a lot of average
• 10:30
  Americans, you're now. Pulling money out of before
• 10:33
  retirement so you can afford to. Buy a couple cheap.
• 10:36
  Chinese Christmas presents for your family Anyway, that 4.
• 10:40
  O1K is. Up by 10% but because.
• 10:43
  Inflation's down. Right.
• 10:45
  What does that mean? Inflation's down, Inflation's
• 10:48
  down. Right.
• 10:49
  Well, yeah, inflation goes. Down when the country goes into
• 10:52
  a recession. Or a depression.
• 10:55
  OK, And we're going to talk about depression, All right?
• 10:58
  The dollar. 'S down.
• 10:59
  Well, of course it's been down. Oil is down in the last month
• 11:04
  from about. 85 to 70. $5 Why is oil down?
• 11:09
  You know why? Because people don't have.
• 11:11
  Money to buy gas. Because the whole world.
• 11:14
  Economy. Is slowing all right?
• 11:17
  So what's going to? Happen next Is the Fed's going?
• 11:19
  To have. To cut, the Fed's going to have
• 11:22
  to pivot. And when they pivot.
• 11:24
  But, but but inflation. Is going to really rage back
• 11:28
  now. I don't have a crystal ball, but
• 11:30
  the smart guys in the room talk about we had this big.
• 11:33
  Inflation. Pause.
• 11:34
  Another big inflation. Because the Fed.
• 11:37
  Is in a box. Our old friend Gomer Pyle down
• 11:40
  at the Federal. Reserve is.
• 11:41
  Going to be faced. With a huge recessionary.
• 11:45
  Economy, yeah, or. Maybe a depression?
• 11:49
  And what would? Make us think.
• 11:50
  That. Huh?
• 11:51
  Huh. And the real.
• 11:52
  Value of. The dollar will.
• 11:54
  Continue to crater. If you heard about the Great
• 11:58
  Black Friday. Numbers here let me read.
• 12:00
  This to you? OK.
• 12:02
  Sales. Yeah.
• 12:03
  Oh, things. Are great things are yeah.
• 12:04
  Sales are up, right? If.
• 12:07
  If. You if you.
• 12:08
  Measure it in 2019 dollars. Hello.
• 12:12
  This is 2023. Sure, sales are up, you know,
• 12:16
  5%, ten whatever, right? But you're measuring that in
• 12:20
  worth. More worth less dollars.
• 12:22
  OK, Volumes are down. That explains why truckers are
• 12:27
  going out of business, because there's nothing to truck
• 12:31
  shipping companies are going out of business, 'cause there's
• 12:34
  nothing. To ship FedEx is.
• 12:36
  Telling their freight. Pilots to go fly.
• 12:38
  For the commuter airlines, because there's not AS.
• 12:41
  Much freight. To be flown around the country.
• 12:43
  Guys this is. Not looking good.
• 12:45
  Everything is smoke and mirrors. And then I'm going to get to the
• 12:49
  Wall Street Journal and Thomas Jefferson.
• 12:50
  We're going to bring it on home, baby.
• 12:52
  So stay with me, OK? It's all smoke and mirrors.
• 12:56
  It's like the shrink flation. OK, let's talk.
• 12:59
  About. I know one of your favorites.
• 13:01
  Oreo cookies. OK, it'd be.
• 13:03
  Like if if Oreo cookies raise their price.
• 13:07
  By 10% would you know it's gone up way more than that, right
• 13:11
  they raise. Their price by 10.
• 13:12
  Percent, but they're putting 20%.
• 13:15
  Fewer. Oreos.
• 13:16
  In the box, right? Instead of 40 oreos.
• 13:19
  Now there's only 30. 2 Oreos. And they say well.
• 13:23
  Our sales are up, Bob. Everything's.
• 13:25
  Here's the deal with that. Guys, OK, that can only go on
• 13:28
  for so long. It can only, they can only fool.
• 13:32
  Everybody for so long. About how many Oreos?
• 13:35
  They put in the Oreo bag about the fact.
• 13:38
  That our GDP grew. By 5 point whatever.
• 13:42
  Four percent, 6%, they said in the third quarter.
• 13:45
  That unemployment's great now that everybody has to work four
• 13:48
  jobs just to get food. On the table they can only pull.
• 13:52
  It off for. So long, OK, And I'm telling you
• 13:55
  most of. Their cards have been.
• 13:57
  Played. We're heading into some very
• 13:59
  interesting times and it's going to make the value of.
• 14:03
  Your silver and gold. Go through the Gazonga.
• 14:06
  OK, let's talk about Americans giving up.
• 14:10
  Are we giving up? If we.
• 14:12
  Surrendered. I mean, look, I was born.
• 14:14
  Here. I didn't choose to be born here,
• 14:16
  but I was born here. And I do.
• 14:18
  Love my country. I'm only complaining like this.
• 14:22
  Because I think. It's an abomination.
• 14:23
  Of what our founding? Fathers.
• 14:25
  Wanted for the country, OK. And I'm trying to.
• 14:28
  Focus, but I got a cat chewing on my knee.
• 14:31
  Thanks to my I love the cats here in the house.
• 14:34
  Now let's get to. This let's talk about the The
• 14:38
  Wall Street Journal. Hold on a second.
• 14:41
  Hold on. Well, now he's hiding in the
• 14:46
  Christmas tree. Yep, there he is.
• 14:51
  Come here. He's a fast little.
• 14:54
  Sucker. I'm going to get him by the end
• 14:56
  of the live stream. I'll get him on camera.
• 14:58
  Let's make sure. We can see, Yeah.
• 14:59
  You guys wait. There.
• 15:01
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• 15:03
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  Got his e-mail address in the description.
• 15:18
  Of this in every. Video He'd be happy to talk to
• 15:21
  you. With any questions you may have
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  about the company now let's go. To the Wall Street Journal bear.
• 15:29
  With me? Hold on, I'm going to have a
• 15:30
  drink of coffee. Don't forget to give it a thumbs
• 15:39
  up. It's like a virtual hug.
• 15:40
  It's something nice. You can feel good about it.
• 15:42
  Are we in a depression? And what will that mean?
• 15:46
  What will that mean for? The value.
• 15:50
  Of silver and gold, I'm gonna tell.
• 15:52
  You but first let's. Let's let's go.
• 15:56
  To this article, this is. Very this is.
• 15:58
  Depressing about what's happened to this country.
• 16:01
  It's from Zero Hedge. Only 36% of Americans still
• 16:05
  believe in the American Dream. I still.
• 16:08
  Believe, OK, a Wall Street Journal poll has.
• 16:10
  Some interesting questions and answers.
• 16:13
  About what people think. About the economy and whether.
• 16:16
  Hard work is recorded, so listen.
• 16:18
  To these only four and this will.
• 16:20
  This will this will. Open your eyes.
• 16:23
  To what your fellow? Americans are thinking right now
• 16:27
  what has gone wrong in this country.
• 16:30
  OK, only 36% of Americans still believe in the American Dream.
• 16:36
  Here was the question. Do you think that that the
• 16:38
  American, do you think the small writing do you?
• 16:41
  Think the American. Dream that if you work.
• 16:43
  Hard. You'll get ahead.
• 16:45
  Still holds true, never held true or once held true but.
• 16:50
  Not anymore. OK, 40. 5.
• 16:54
  Percent of people say that it no once held true, but not anymore.
• 16:59
  Not anymore. The American Dream does not hold
• 17:02
  true anymore. 18% said that it never.
• 17:06
  Held true. That is 63%.
• 17:09
  That's two. Thirds of people have lost the.
• 17:12
  American Dream, OK, the American Dream that you could.
• 17:15
  Do better that you if you work hard that you'll be rewarded.
• 17:18
  Right. Remember work.
• 17:19
  Work, work, work, work. Well now it's work.
• 17:22
  Work, work, work, work. Just to make the minimum.
• 17:25
  Payment on your credit card just to maybe eat.
• 17:27
  Some cruddy food. From the dollar store, right?
• 17:31
  It's not the same American dream that many of our parents.
• 17:35
  Were gifted with it's. Drastically change?
• 17:38
  What does that mean for the price?
• 17:39
  Of silver and gold. Strength of the US economy.
• 17:42
  Let me see if I can get. This bigger Oh, here we go.
• 17:46
  Do. You think the American Dream?
• 17:47
  Oh, wait a minute. I already read that one.
• 17:53
  OK. How would you rate?
• 17:55
  The. Strength.
• 17:56
  Of the US economy. I want you to think your answer
• 18:00
  OK. How?
• 18:01
  Would you rate the? Strength of the US economy.
• 18:04
  Excellent. Or.
• 18:06
  Excellent. Good.
• 18:08
  Good at. Good or.
• 18:09
  Excellent. OK.
• 18:10
  Or not so good? Poor.
• 18:13
  All right, I want. You to put your.
• 18:14
  Answer in, and then I'm going to tell you what your fellow
• 18:16
  Americans said. I say poor, OK?
• 18:22
  35%. Of you.
• 18:25
  Said. That it's excellent and.
• 18:27
  Good, right. That's.
• 18:28
  One in three, the other two in three.
• 18:31
  Of you, my fellow Americans, I I joined you today from the
• 18:35
  basement to tell you. That 65.
• 18:39
  Percent of you said the US economy.
• 18:41
  Is either not so? Good.
• 18:43
  Or poor it gets more startling. Remember there's only four of
• 18:47
  these. OK.
• 18:49
  In general would? You say that.
• 18:51
  Life in America, that. OK, I'm.
• 18:54
  Let's act like you and I are. Talking and I have AI.
• 18:56
  Have a question? For you, OK.
• 18:58
  All. Right, you basement dweller.
• 19:00
  Thank you for being here. Thank you for the thumbs up.
• 19:03
  I'll ring the cowbell when we get to 200.
• 19:05
  Let me get through this. Startling Wall, Street Journal.
• 19:07
  Information and what it means for silver and gold, but we're
• 19:10
  having a little drink of. Coffee together.
• 19:13
  So glad you could join. Me in general would.
• 19:17
  You say that. Life in America.
• 19:18
  Today is better, worse, or about.
• 19:22
  The same as it. Was 50 years ago for.
• 19:26
  People like us. OK, three out of. 1030% Would
• 19:34
  say it's better. Now remember.
• 19:36
  This is 50. Years ago we've had.
• 19:38
  I'm I'm 53 since I. Was a little 3.
• 19:41
  Year old, right? 30% of people say life.
• 19:45
  Is better but 50%. Say life is worse.
• 19:51
  Now than it was. 50 years ago. And about 20% said about the
• 19:56
  same. All right.
• 19:59
  OK. Final question for you.
• 20:01
  Final question. We take a sip of our coffee and
• 20:05
  I ask you. The economic and political
• 20:08
  systems. Economic and.
• 20:11
  Political systems. In the United States.
• 20:14
  Are stacked against people like us.
• 20:18
  Are the economic and political systems stacked against you?
• 20:22
  Ask yourself that question 50. Percent of people strongly.
• 20:28
  Agree or somewhat agree the. Economic system and political
• 20:33
  system is stacked against you. 50% of people say that.
• 20:38
  Guys. What this tells me is that
• 20:42
  American, the mood in America is not good right now.
• 20:46
  The mood in America, whether you're talking about the
• 20:49
  political system, the legal system, the economy is not good
• 20:54
  right now, people. Are already depressed.
• 20:57
  And depressions are. A state of.
• 20:59
  Mind if we had into? This depression, we've already.
• 21:03
  Talked about you and. We didn't even ask.
• 21:06
  People about the national debt, we didn't ask.
• 21:08
  People about the. Fact.
• 21:10
  How do you feel that as an? Average American Your government
• 21:13
  has overspent 100. Or 200,000.
• 21:16
  Dollars. A year of money that your
• 21:17
  children and grandchildren will be.
• 21:19
  Required to pay back? It's depressing.
• 21:22
  I'm sorry. It is OK.
• 21:25
  The value of the. Paper dollar the value.
• 21:28
  Of the electronic dollar. To the Unicorn fart dust.
• 21:31
  Is being diluted OK now what does that mean?
• 21:36
  I promised you what? I I would share with you what
• 21:38
  that. Means for the.
• 21:39
  Value of your silver. And gold that.
• 21:42
  Means if you're sitting. On some silver, if you're
• 21:44
  sitting on some gold. And I happen to think I could
• 21:46
  throw in precious metal mining stocks.
• 21:48
  With that as well that you're. Doing pretty darn good, right?
• 21:53
  Because. It's this.
• 21:53
  System. Not to mention what's going on
• 21:56
  geopolitically? We're not even.
• 21:58
  We're not. We'll just throw.
• 22:00
  It in there briefly geopolitically in the world, we
• 22:03
  have massive change going on. Don't forget when president.
• 22:08
  G. And President Putin were.
• 22:10
  Together just like 6. Months ago, the last.
• 22:12
  Thing they said. To each other is they warmly
• 22:16
  parted. Ways, right.
• 22:17
  Their buddies now was. We are moving through a.
• 22:20
  Period of world. Change that neither of us have
• 22:24
  seen during our lifetime, and we are.
• 22:26
  At the forefront. Of that change, things are
• 22:29
  different right now. We're going to be in for some
• 22:31
  interesting times, right? Look, I'm a patriotic American,
• 22:36
  right? I don't have to like I'm obvious
• 22:38
  part. Of that we get our first.
• 22:39
  Amendment right of free. Speech.
• 22:41
  We don't have to like what's going on that.
• 22:44
  Gives us our right to speak out. You have a voice.
• 22:47
  I have a voice. OK.
• 22:49
  We can talk that we're not. Happy with what's?
• 22:52
  Gone on all right. The situation that our supposed
• 22:57
  leaders have gotten ourselves into.
• 22:58
  And I digress. Right now it's cowbell time.
• 23:02
  So this is the cowbell warning for.
• 23:04
  Those of you with? Sensitive ears.
• 23:06
  Which is fine, I understand, but I'm.
• 23:07
  About Ready to Rank? Cowbell for All the viewers 4.
• 23:11
  100 and. 65 people on a Monday take.
• 23:32
  A little bell break. $2100 gold by Christmas.
• 23:36
  It's common you. Know it, aren't we?
• 23:40
  Taught that Thomas. Jefferson was like one of the.
• 23:42
  Smartest guys. And he was.
• 23:44
  What did he say That has everything?
• 23:47
  To do with silver and gold. What did he warn?
• 23:52
  Right. He's put out.
• 23:54
  A. A very stern.
• 23:56
  Warning it's. Like the guy could predict the
• 23:59
  future. Imagine that.
• 24:02
  I know. We think when.
• 24:03
  Thomas Jefferson was alive. Hold on, I'm going to try to
• 24:06
  catch a cat. Come here, Benny.
• 24:08
  Come here, come here, come here. Oh, I got him.
• 24:20
  Everybody say hi to Benny. Benny.
• 24:23
  Say hi. Hey, look, hey, look.
• 24:27
  Look. Uh oh.
• 24:29
  Say hi, Benny. Well, anyway, this is Benny.
• 24:34
  He's half. Silver and half gold, everybody.
• 24:37
  Say hi to Benny. There's not supposed to be.
• 24:41
  Cats. Down here when I'm doing my live
• 24:43
  streams. Anyway, what did Thomas?
• 24:45
  Jefferson have to. Say this should have us all
• 24:48
  shaking. In our boots, that makes it.
• 24:51
  OK, for us. Right basement.
• 24:54
  Dwellers Silver and gold. Investors to be.
• 24:57
  Verbal and a little not happy about what has gone on in the
• 25:01
  country and what does it. Mean for.
• 25:03
  Silver and gold. Let me read to you what Thomas
• 25:06
  Jefferson wrote for you and me. And this is a.
• 25:11
  Big, big deal, he. Said.
• 25:13
  I believe that banking institutions are more dangerous.
• 25:20
  To our liberties. Than standing armies, Jefferson.
• 25:25
  Wrote. Quote if the American.
• 25:27
  People ever allow private? Banks, hold on a second, Isn't
• 25:33
  the federal? Reserve a private.
• 25:35
  Bank. Am I allowed?
• 25:37
  To say this right, isn't the federal?
• 25:40
  Reserve a private. Bank if the American people ever
• 25:44
  allow. Private Banks to Control.
• 25:47
  The issue of their currency. Doesn't the Federal Reserve
• 25:53
  control the issuance of more paper Unicorn fart dust dollars
• 25:59
  he? Says then first by inflation do
• 26:04
  I need to say anything? And then by deflation, the banks
• 26:10
  and corporations. That will grow up.
• 26:14
  Around these banks will. Deprive the people of all
• 26:20
  property. Until their children wake up
• 26:24
  homeless on the continent that their fathers conquered.
• 26:29
  Let that sink in. OK, Come back.
• 26:32
  Later, watch the replay of this video.
• 26:35
  And listen, listen to that again, then, he said.
• 26:37
  Quote the. Issuing power of currency.
• 26:41
  Shall be taken. From the banks.
• 26:43
  And restored to the. People to whom?
• 26:46
  It properly belongs OK. So what does that?
• 26:53
  Mean for the value. Of silver what?
• 26:55
  Does that mean for the value of gold, we almost have 500 people?
• 26:59
  I tell. You what, guys?
• 27:00
  Hey, let's get the 300 thumbs. Up and remember I'll ring the
• 27:04
  gong. When we get the three. 100
• 27:06
  thumbs up this. Is free.
• 27:08
  Press that it's free. And don't forget, right?
• 27:11
  Pray That's like a virtual. Hug we.
• 27:13
  Work Susie works? Really.
• 27:14
  Hard on this. So she really loves when you
• 27:16
  give. Don't do it for me, do it for.
• 27:18
  Susie. OK, but but and we.
• 27:21
  Almost have 5. 100 people on this live stream which is
• 27:24
  awesome gold and silver enthusiasts.
• 27:26
  We are strong. We're.
• 27:28
  Elite I was talking to Daniel Diaz.
• 27:31
  This morning from the citizens. For sound money, guys, we got
• 27:35
  big. Movements going on across the
• 27:37
  country right now for legal tender legislation?
• 27:42
  Big. Big things are happening.
• 27:44
  I've got some videos coming out later in the week.
• 27:46
  Have you heard of the state call?
• 27:47
  I'll give you a little, a little teaser.
• 27:49
  Have you heard of a state called Florida?
• 27:52
  How about Texas? OK.
• 27:55
  Have you heard that their economies have done very?
• 27:57
  Very well over. The last 10 years.
• 28:00
  They're. Innovative economically in many
• 28:03
  ways. Florida, Texas.
• 28:06
  I got some news coming out later in the week.
• 28:09
  Make sure you just stay. Tuned OK none the less.
• 28:14
  What? Jefferson told us was.
• 28:16
  They will destroy. The average American with paper.
• 28:20
  Money with Unicorn fart dust, right?
• 28:23
  Big banks. Big.
• 28:25
  Corporations. We don't have any big
• 28:27
  corporations. In this country, do you we only.
• 28:29
  Have. We only have.
• 28:31
  Like 7 companies on the S&P 500 that make up like what, 90%?
• 28:36
  Of the. Market cap now.
• 28:37
  If you're not NVIDIA or Amazon or Muda or Microsoft or
• 28:43
  whatever, well then you're peanuts, right?
• 28:46
  Those are the only. We.
• 28:47
  Don't have big banks. We don't have a private.
• 28:49
  Bank right. The federal.
• 28:51
  Oh, wait, the federal Hold on a second.
• 28:53
  Let's ask. Let's ask.
• 28:54
  Jerome. Or is it Jerome?
• 28:56
  I always get confused. Is it Jerome Powell or Gomer
• 28:59
  Pyle? Anyway, Jerome, we all have a
• 29:07
  question for you. Is the Federal Reserve.
• 29:10
  A private bank or a public bank? Is it owned?
• 29:13
  By the United States citizenry, or is it owned by?
• 29:15
  Private interest. It is owned by private interest,
• 29:20
  OK? I guess Jerome Powell doesn't
• 29:26
  believe in Thomas Jefferson. But doesn't it feel?
• 29:29
  Like what Jefferson said. Is happening right now.
• 29:33
  I digress at the end of the day. When they screw.
• 29:36
  It all up. Because the snake will eat its
• 29:38
  own tail. And we're at that stage right
• 29:41
  now, I. Listen to Lynette.
• 29:42
  Zang and Daniela Cambodi, 2 of my favorites, talked last night
• 29:48
  and it's like we. Are at that point.
• 29:50
  When I talked to Lynette saying when she.
• 29:51
  Was a gracious guest here in the basement.
• 29:54
  She said. Ron, I said.
• 29:55
  Lynette, why does do you feel crazy?
• 29:57
  Do you? Let me ask.
• 29:58
  You that. Question Does it feel?
• 30:00
  Crazy to you? Out there right now.
• 30:02
  I'm going to answer it. The last.
• 30:04
  Time I asked you to type. Anything.
• 30:06
  Move your fingers. Your Fitbit will register one
• 30:09
  walk a step. If you think.
• 30:11
  Things are crazy. Type Crazy.
• 30:13
  In the in the chat. But her?
• 30:16
  I've heard Lynette. She said it to me.
• 30:17
  I heard her basically saying this to Daniella.
• 30:20
  Camboni as well, like. Hey.
• 30:22
  It feels crazy because. We're at the crazy stage.
• 30:25
  We're at the. End stage.
• 30:27
  I heard Lynette say, like, I didn't think that maybe it would
• 30:30
  even happen during my lifetime. And it's it's.
• 30:33
  Happening right now, it's. It is, it feels.
• 30:36
  Crazy because it is crazy. There's so many.
• 30:39
  There's so much smoke and so much mirrors.
• 30:42
  Right. That it's it's that's.
• 30:45
  Why? It doesn't make sense.
• 30:47
  So what Jefferson said, right? Is it happening right now?
• 30:53
  OK. OK.
• 30:56
  The banks will? Deprive the people of all.
• 30:59
  Property until their children wake up homeless on the
• 31:05
  continent that their fathers conquered.
• 31:09
  Isn't it a shame? Unless.
• 31:13
  Unless. The people hold.
• 31:15
  Some silver and gold and that's what guys.
• 31:18
  Like Pat. Holland guys like Daniel Diaz.
• 31:21
  Are. Working tirelessly to help
• 31:23
  states on a state by state basis, pass legal tender
• 31:27
  legislation, come up with functional, modern ways to use
• 31:32
  silver and gold as money. OK, to protect us.
• 31:36
  From the. Potential, right.
• 31:41
  I guess I I. From the potential downfalls.
• 31:45
  Of big banks. Now look, I didn't say it.
• 31:47
  Don't don't get mad at me. Thomas Jefferson said it.
• 31:51
  Yes, that Thomas Jefferson. What was?
• 31:54
  That place called Monticello. Yeah, that Thomas Jefferson.
• 31:57
  People like Lynette. Zhang right.
• 31:59
  And I think Daniela Cambodi agrees.
• 32:02
  With her right? And.
• 32:03
  And isn't it interesting that now?
• 32:05
  As we get to this point. That we're.
• 32:07
  That we're. That we're.
• 32:08
  Getting more and more. People that are starting.
• 32:11
  To wake. Up to just how fragile, how
• 32:14
  delicate, how? Screwed up everything is Oh.
• 32:17
  Man, a super chat. Thank you Stacker Factor.
• 32:21
  Super. Chats are super appreciated
• 32:23
  because they helped. Me pay for.
• 32:24
  Christmas for my twin 11 year old daughters.
• 32:29
  Everything's more expensive now. Right.
• 32:32
  Let's talk about. Inflation.
• 32:33
  For a second, everything's more. Expensive and on top.
• 32:36
  Of that right as kids. Get older.
• 32:39
  They eat more. They want more.
• 32:41
  But I'm not here to. You're not here to hear me
• 32:42
  complain about about how? Much it costs to raise a family.
• 32:45
  Because, you know, it's not just me.
• 32:48
  It's. You too, how difficult it is.
• 32:51
  And when we have. States.
• 32:54
  Working to help you. Right to facilitate your
• 32:58
  ability, protect your wealth with.
• 33:00
  Silver and gold. We can cheer them on.
• 33:02
  Look guys. These have to be grassroots.
• 33:05
  Movements, and they are grassroots movements, and your
• 33:08
  involvement definitely matters, right?
• 33:11
  We got a lot going on in the world right now, a lot going on
• 33:15
  in this country we want to protect.
• 33:18
  Ourselves with silver and gold, we.
• 33:19
  Are trying our hardest here at Ron's Basement to get let's get
• 33:23
  500 people, please. Don't leave this live.
• 33:26
  Stream. It would be a real.
• 33:27
  Virtual hug for. Me to get the 500 and we're
• 33:29
  going to get. 300 thumbs up, OK? We're, we're, we're, we're,
• 33:36
  we're. Working to get the 30,000
• 33:38
  subscribers we're. Working our Darndest, please.
• 33:41
  Subscribe to the channel. Don't forget I got a.
• 33:43
  Cyber Monday deal on subscriptions.
• 33:46
  They're free. Right now, press subscribe.
• 33:50
  But remember, press the bell too.
• 33:52
  Underneath the subscribe. That way you get notified every
• 33:55
  time we put out a new video. We're working.
• 33:57
  To get to 300 thumbs up and. I'm going to ring.
• 34:00
  The gong, huh? I'm going to ring the gong.
• 34:03
  Daniella Cambone, Lynette Zhang. Andy Scheckman, Rick Rule.
• 34:09
  You know everybody. Has their own perspective on
• 34:12
  this. What?
• 34:12
  I would. Recommend for you, Ron from
• 34:14
  Ron's basement right Coin. Shop Chris Jake from Jakes
• 34:18
  Custom. Parts, Annie, Oakley, all these,
• 34:21
  all of us. We all have our.
• 34:22
  Own perspective on things. Share your perspectives with
• 34:27
  your fellow. Basement.
• 34:28
  Dwellers, share your listen. To what all these different
• 34:31
  people say, and then formulate your own thesis.
• 34:34
  Okay, that's a big. Big deal.
• 34:37
  And Oh my gosh, we got the three. 100 thumbs up, I am going
• 34:40
  to ring the gong. OK, a few.
• 34:42
  More quick. Things go to ronsbasement.com
• 34:45
  register. For the chat room.
• 34:46
  It's free. Also use the same username that
• 34:51
  you use here on YouTube. That way you can go to
• 34:53
  ronsbasement.com 24 hours. A day, seven days, a week, 364
• 34:57
  and a. Half.
• 34:58
  Days a year and. Connect with other basement
• 35:01
  dwellers. Yes, we're trying to go for
• 35:02
  30,000 Subs. Yes, it does mean something to
• 35:05
  us. Yes, super.
• 35:07
  Chats are very much appreciated. Never expected, did I?
• 35:11
  Forget something? I don't know.
• 35:13
  OK, 2100. Dollar gold by Christmas.
• 35:16
  And we got to ring the gong three times because we.
• 35:18
  Got the three? 100 thumbs up.
• 35:26
  The. Golden gong this.
• 35:29
  Is you all? Right.
• 35:39
  I do love the gong that that came from a basement dweller.
• 35:43
  He sent it to me. All right.
• 35:45
  Guys have a good. Day.
• 35:46
  Let's hope, let's hope, let's hope that we get higher.
• 35:50
  Silver and gold price by the end of the day.
• 35:52
  But let's be real. It doesn't matter, OK?
• 35:55
  Little movements here and there hit her.
• 35:57
  Tether. Whatever.
• 35:59
  It's going to be, however, very exciting the longer we can stay.
• 36:04
  Above 2000. The more we are building.
• 36:06
  Thank you, Shadow. Work for the Super.
• 36:08
  Chat my friend. Super.
• 36:09
  Appreciated. The longer we can stay above
• 36:13
  2000, the more. Of a base we are.
• 36:16
  Building to catapult to new all time highs.
• 36:19
  I think it's going to happen next year.
• 36:21
  I don't. Have a crystal ball.
• 36:22
  Don't make any financial decisions based upon what I'm
• 36:25
  saying, I. Need to thank our sponsor
• 36:27
  Pembax. Right.
• 36:29
  If you want to get your hands on some silver and gold, right?
• 36:32
  Now go check out Pimbex P. I MB E.
• 36:36
  Xpimbex.com I did my own due. Diligence you do.
• 36:42
  Your own due diligence. Develop your own.
• 36:46
  Thesis right decide for. Yourself.
• 36:49
  Is Pimbex trustworthy? I say.
• 36:52
  Absolutely yes, I learned. About it from fellow basement
• 36:55
  dwellers. Which is a really.
• 36:56
  Good sign I trust Pembex. OK, I also know that I can
• 37:01
  trust. That their prices are always
• 37:04
  ultra. Ultra competitive?
• 37:07
  I can't. Say they're always the best on
• 37:09
  everything. All the time.
• 37:11
  But usually they are. And what I like.
• 37:14
  About that. Is I have a.
• 37:16
  Company I can trust and I don't have to shop around a zillion
• 37:20
  websites when I'm looking to buy some silver, right?
• 37:23
  And then if I find it. Cheaper, which I usually don't,
• 37:26
  but if I. Could find it cheaper somewhere
• 37:27
  else. Then I got to dig.
• 37:29
  In for hours to make sure the company that I'm looking at is
• 37:32
  trustworthy. With Pinbex, I know they're
• 37:34
  trustworthy. I.
• 37:35
  Know the prices. Are great.
• 37:37
  And I'm a satisfied customer. You do your own homework and
• 37:40
  decide. For yourself we've got.
• 37:42
  More and more women joining us here in the basement.
• 37:44
  Again, you're always welcome. June 14th, International Women's
• 37:48
  Silver. Day Have a great day.
• 37:50
  Thank you for being. Here and I'll see you soon.