Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡WARNING⚡ Jefferson Foretells Future of Silver Price
Transcript
- 0:00We all want much. Higher.
- 0:02Value much higher prices for. Silver and Gold but.
- 0:06What is the wall? Street Journal telling us that
- 0:10should. Have us all very scared, but.
- 0:13Maybe not so scared. About the future value.
- 0:16In price of silver. And gold is the wall.
- 0:19Street Journal Predicting a depression We're going to dig
- 0:23into some fascinating data. That they put out.
- 0:26Over the. Weekend well at.
- 0:28Least I saw. It over the.
- 0:29Weekend, so in my mind they put it out over the.
- 0:31Weekend. I don't know when they really
- 0:32put it out, but I know. It's from October, so it's not.
- 0:35Too old, I bring. You the.
- 0:37Latest and freshest news that I possibly can.
- 0:41Also. Have you heard of this guy named
- 0:43Thomas Jefferson? Maybe you remember him from your
- 0:47childhood history? Classes.
- 0:50Thomas Jefferson said something. That should scare the boots off
- 0:54of all of. Us.
- 0:56And it has everything to do with what's going on, right?
- 0:59Now in the United. States of America, the.
- 1:03World's. Largest economy, he said.
- 1:06Something that hell is holding absolutely true today.
- 1:11And what does it mean for the? Price of silver and gold.
- 1:14Let's do a quick update on the silver pricing gold price this.
- 1:17Morning. Right before I came on.
- 1:19And by the way, I apologize for. Being a few minutes.
- 1:22Late, 'cause I was looking at the gold price and I'm like,
- 1:24hey, I'm supposed to be on a? Live stream right now.
- 1:28Gold's still up. A bit about 5.
- 1:30Dollars and the spot. Market silver up, guys.
- 1:34We have gold above $2000. If we can hold here for the next
- 1:39few weeks. We're going to get 21. $100 by
- 1:43Christmas do you notice? Anything different around me?
- 1:46The Christmas tree. With $2100, that's.
- 1:49What we are? Expecting by the holidays
- 1:53because we're consolidating now and when we get that 2100, you
- 1:57know we're going straight up to $2600 per oz and isn't it
- 2:01interesting? Remember.
- 2:03Remember what, everybody? Said that when gold.
- 2:06Shot up like what, 6? Seven weeks ago, gold.
- 2:09Went from 1800 to $2000 and. Everybody said the same.
- 2:13Thing all those pundits you heard?
- 2:15Them. I heard them.
- 2:16What were you thinking? They were all saying, oh gold's
- 2:19going to shoot up because of all this turmoil.
- 2:22In the Middle East. But then it'll drop right back.
- 2:25Down and quite honestly. I don't know.
- 2:27How you felt. But I've been surprised,
- 2:31pleasantly surprised, that the fundamental support has remained
- 2:37there. For gold.
- 2:38Gold. Didn't do what they.
- 2:40All said it would do. They all said it would drop.
- 2:44Right. I thought, you know, we'll see
- 2:47how it plays out. But gold has hung in there.
- 2:50When we talk about gold, we're talking about silver.
- 2:51And don't forget. A very interesting fact.
- 2:55About silver. Silver always lags gold.
- 2:59Meaning there's a little lag in the amount of time and silver
- 3:03always moves in a more. Exaggerated.
- 3:07Manner. So what does that mean?
- 3:08That means we could just now be starting to get this move for
- 3:12Silver, and it could move in a more.
- 3:14Exaggerated manner. And don't forget our old friend
- 3:16Buddy Rumble calls $30 silver. By new.
- 3:20Year's. We'll see if.
- 3:21Buddy's prediction proves. Accurate, but we are.
- 3:26Certainly in an. Interesting time because.
- 3:28Gold was supposed to. Shoot up when everything
- 3:31happened in Israel and then when things calm down, drop right
- 3:35back down. But it forgot about the drop
- 3:38right back down part. And as a matter.
- 3:40Of fact it feels like. With news over the.
- 3:43Weekend that things are. Starting to calm down a little
- 3:46more in the Middle East, but why do you ever?
- 3:49Ask yourself. Why is gold still?
- 3:51Hovering above $2000. Look guys, it's Monday.
- 3:55By Friday. Unfortunately, we.
- 3:57All know the truth. I don't want to.
- 3:59Be negative right I. Prefer to be positive.
- 4:02But we need. To be realist by Friday we could
- 4:05be. Talking about fighting to stay
- 4:08above 1900 for gold. I don't think that's.
- 4:11Going to happen. I don't think that the macro
- 4:14environment is in place right now to push gold back down to
- 4:181900, silver to 22 again. I mean silver's what hovering
- 4:22around 25. I think we're in good shape.
- 4:24I think what's exciting is that. Over these last.
- 4:27Weeks we've been consolidating, right?
- 4:31That means all the people. That wanted to get.
- 4:33Out have likely gotten out, and now we've built a strong base.
- 4:38For what could be a powerful move through the?
- 4:42End of the. Year.
- 4:43So I want to ask you a. Question and I'm going to answer
- 4:46it myself. Surprise.
- 4:50Were you surprised that gold has held?
- 4:53Up so darn well. Over the last let's say 2 weeks.
- 4:58I've been surprised pleasantly. Surprised, but very happy.
- 5:01Let's move on. We got a lot to talk about.
- 5:03Wall Street. Journal and Depression Thomas
- 5:06Jefferson. What's he got to?
- 5:08Do with $1000 an ounce silver Well, we're.
- 5:12Going to get to that, OK. I want to remind you, I heard
- 5:16this last night. This is look.
- 5:18West basement dwellers, we. Stick together and by the way.
- 5:20You can show your love by giving a thumbs.
- 5:22Up. That's much appreciated.
- 5:24I it's Cyber Monday and I'm having a.
- 5:26Big Cyber Monday Sale. On subscriptions to Ron's
- 5:30Basement, it's free. You know, it's always.
- 5:33Free, but please subscribe. I'll put out a new piece of
- 5:35content every day for the. Rest of my life.
- 5:37All you. Got to do is subscribe and press
- 5:39the bell. Everybody keeps saying Ron and
- 5:41don't get notified when you go live.
- 5:43I think you're being shadow banned.
- 5:45And Bah Bah no you need to subscribe and also.
- 5:48Press the little bell so. That you get notified.
- 5:52Right, and you'll get. Notified every day for the rest
- 5:53of your life. It's like you got a new friend
- 5:55here in the basement. OK I.
- 5:57Want you to come? Back even more so I want.
- 6:00You to. Leave a comment.
- 6:01In the comment section. Below.
- 6:02And now I owe. You a favor because you guys
- 6:04have given us. Over 100 thumbs.
- 6:07Up 300 people on a Monday morning.
- 6:10What is going on? I owe you 10 rings of the Bell.
- 6:13This is the bell. Warning.
- 6:14If you don't like bells. Turn off your headphones.
- 6:16Or whatever you need to do go to a happy place.
- 6:18But. Ten rings of the bell.
- 6:23That's one ring of the bell for each ten thumbs up.
- 6:27Did you forget this, basement dwellers?
- 6:29There's nothing better for bartering if we get a zombie
- 6:32apocalypse. If everything goes horribly,
- 6:37don't forget. One ounce.
- 6:39Silver coins. One ounce.
- 6:41Silver bars. One ounce, silver, anything.
- 6:44Is gonna be your best friend for bartering, I heard.
- 6:47I think it was Lynette Zang said that last night.
- 6:49And I thought, you know, I haven't mentioned that to the
- 6:51dwellers. In a while.
- 6:52Because. People take like.
- 6:54You know, look if you got. One ounce gold.
- 6:56Coins more power. To you, brother.
- 6:58OK, but it's. Going to be hard to go to the
- 7:01grocery store and get a week's worth of groceries.
- 7:03With A1. OZ Gold coin, because they're
- 7:04not going to be able to give you change.
- 7:06So if you are preparing for the worst.
- 7:08Case scenario. The one that our.
- 7:10Friend, Maybe Thomas Jefferson is painting for us.
- 7:13Or the Wall Street Journal, which I.
- 7:15Promise I will get to. Right, you might want to have
- 7:18some one ounce silver stuff around.
- 7:20Do I have any? Here, hold on a second.
- 7:22Oh boy, it's all falling apart. Hold on.
- 7:27Yes, I do. Here's a one ounce silver
- 7:31that's. What I'm talking about.
- 7:33That's I got sent to me by. My my good friend coin shop.
- 7:36Chris, who's here? On the live stream.
- 7:39Now let's move on. Did you know gold is now a tier
- 7:45one asset in the banking? System.
- 7:48Yes. Tier one people talk about, oh,
- 7:51gold. That makes me so angry.
- 7:55I must say this. Briefly, OK.
- 7:57Don't forget what are the world central banks doing?
- 8:01Buying gold, OK? Give me 10 more seconds.
- 8:04What? Does that tell us?
- 8:06The world. Central banks are buying.
- 8:08A record amount of gold I didn't even tell you about.
- 8:12This this is a. Bonus feature banking crisis.
- 8:16Right. We're going to get to Thomas
- 8:17Jefferson. We're going to get to the Wall
- 8:18Street Journal. But there's a.
- 8:20Banking crisis, right There's. A lot of garbage on.
- 8:24The on the balance. Sheets of all these.
- 8:26Banks, right. But what about China?
- 8:29Did you? Hear this?
- 8:30Let's touch on this cause China's the second largest
- 8:32economy. In the World and Zheng Zhong no
- 8:36Zhong. XI.
- 8:37Bank is in big trouble. I'm going to read this to you
- 8:40briefly. Stick with me because what
- 8:42happens? In China, does affect the United
- 8:44States? This is from our friends at
- 8:46Yahoo Finance. Troubled China Shadow Bank Warns
- 8:51of a. $36 billion. Shortfall.
- 8:54Embattled shadow banking giant Zhong.
- 8:57Shi. Enterprise Group has revealed
- 8:59the depth of its. Financial difficulties telling
- 9:02investors it is quote UN quote. Severely.
- 9:06Insolvent, do you think? Some of the banks in the United
- 9:09States might be. Severely insolvent if they.
- 9:12Had to. Mark to market the.
- 9:14Value of their treasury. Holdings and their commercial
- 9:16real. Estate.
- 9:17I digress. OK, there's a cat bugging.
- 9:21Me and I told Susie. I didn't want the cat downstairs
- 9:24and she said he won't bother you, We'll.
- 9:28See if he makes. A.
- 9:29A. Showing here tonight.
- 9:31Hold on a second here. Here an audit of Zonzi's.
- 9:35Debts total of 4. 160 billion. Yuan which?
- 9:40Is the. Equivalent of 64 billion U.S.
- 9:43dollars. Compared to assets of.
- 9:45CN¥200 billion, OK. So they've got debts of four.
- 9:51160 billion and they only have. Assets of. 200 billion.
- 9:56I'd say they are. Insolvent I would.
- 9:58Say that if our. Banks.
- 10:00In the United States. Weren't allowed to.
- 10:02Engage in Disneyland accounting. OK, Disneyland accounting that
- 10:09we would find similar search situations right now, but.
- 10:14Especially as we head. Into 2024, But we're not here to
- 10:16talk about Chinese banks. Right.
- 10:18We're here to talk about the wall.
- 10:20Street Journal and Thomas. Jefferson, did you know?
- 10:22The market. In the last month, the General.
- 10:25Stock market. Your 401K?
- 10:28Yes that four O 1K that. If you're like a lot of average
- 10:30Americans, you're now. Pulling money out of before
- 10:33retirement so you can afford to. Buy a couple cheap.
- 10:36Chinese Christmas presents for your family Anyway, that 4.
- 10:40O1K is. Up by 10% but because.
- 10:43Inflation's down. Right.
- 10:45What does that mean? Inflation's down, Inflation's
- 10:48down. Right.
- 10:49Well, yeah, inflation goes. Down when the country goes into
- 10:52a recession. Or a depression.
- 10:55OK, And we're going to talk about depression, All right?
- 10:58The dollar. 'S down.
- 10:59Well, of course it's been down. Oil is down in the last month
- 11:04from about. 85 to 70. $5 Why is oil down?
- 11:09You know why? Because people don't have.
- 11:11Money to buy gas. Because the whole world.
- 11:14Economy. Is slowing all right?
- 11:17So what's going to? Happen next Is the Fed's going?
- 11:19To have. To cut, the Fed's going to have
- 11:22to pivot. And when they pivot.
- 11:24But, but but inflation. Is going to really rage back
- 11:28now. I don't have a crystal ball, but
- 11:30the smart guys in the room talk about we had this big.
- 11:33Inflation. Pause.
- 11:34Another big inflation. Because the Fed.
- 11:37Is in a box. Our old friend Gomer Pyle down
- 11:40at the Federal. Reserve is.
- 11:41Going to be faced. With a huge recessionary.
- 11:45Economy, yeah, or. Maybe a depression?
- 11:49And what would? Make us think.
- 11:50That. Huh?
- 11:51Huh. And the real.
- 11:52Value of. The dollar will.
- 11:54Continue to crater. If you heard about the Great
- 11:58Black Friday. Numbers here let me read.
- 12:00This to you? OK.
- 12:02Sales. Yeah.
- 12:03Oh, things. Are great things are yeah.
- 12:04Sales are up, right? If.
- 12:07If. You if you.
- 12:08Measure it in 2019 dollars. Hello.
- 12:12This is 2023. Sure, sales are up, you know,
- 12:165%, ten whatever, right? But you're measuring that in
- 12:20worth. More worth less dollars.
- 12:22OK, Volumes are down. That explains why truckers are
- 12:27going out of business, because there's nothing to truck
- 12:31shipping companies are going out of business, 'cause there's
- 12:34nothing. To ship FedEx is.
- 12:36Telling their freight. Pilots to go fly.
- 12:38For the commuter airlines, because there's not AS.
- 12:41Much freight. To be flown around the country.
- 12:43Guys this is. Not looking good.
- 12:45Everything is smoke and mirrors. And then I'm going to get to the
- 12:49Wall Street Journal and Thomas Jefferson.
- 12:50We're going to bring it on home, baby.
- 12:52So stay with me, OK? It's all smoke and mirrors.
- 12:56It's like the shrink flation. OK, let's talk.
- 12:59About. I know one of your favorites.
- 13:01Oreo cookies. OK, it'd be.
- 13:03Like if if Oreo cookies raise their price.
- 13:07By 10% would you know it's gone up way more than that, right
- 13:11they raise. Their price by 10.
- 13:12Percent, but they're putting 20%.
- 13:15Fewer. Oreos.
- 13:16In the box, right? Instead of 40 oreos.
- 13:19Now there's only 30. 2 Oreos. And they say well.
- 13:23Our sales are up, Bob. Everything's.
- 13:25Here's the deal with that. Guys, OK, that can only go on
- 13:28for so long. It can only, they can only fool.
- 13:32Everybody for so long. About how many Oreos?
- 13:35They put in the Oreo bag about the fact.
- 13:38That our GDP grew. By 5 point whatever.
- 13:42Four percent, 6%, they said in the third quarter.
- 13:45That unemployment's great now that everybody has to work four
- 13:48jobs just to get food. On the table they can only pull.
- 13:52It off for. So long, OK, And I'm telling you
- 13:55most of. Their cards have been.
- 13:57Played. We're heading into some very
- 13:59interesting times and it's going to make the value of.
- 14:03Your silver and gold. Go through the Gazonga.
- 14:06OK, let's talk about Americans giving up.
- 14:10Are we giving up? If we.
- 14:12Surrendered. I mean, look, I was born.
- 14:14Here. I didn't choose to be born here,
- 14:16but I was born here. And I do.
- 14:18Love my country. I'm only complaining like this.
- 14:22Because I think. It's an abomination.
- 14:23Of what our founding? Fathers.
- 14:25Wanted for the country, OK. And I'm trying to.
- 14:28Focus, but I got a cat chewing on my knee.
- 14:31Thanks to my I love the cats here in the house.
- 14:34Now let's get to. This let's talk about the The
- 14:38Wall Street Journal. Hold on a second.
- 14:41Hold on. Well, now he's hiding in the
- 14:46Christmas tree. Yep, there he is.
- 14:51Come here. He's a fast little.
- 14:54Sucker. I'm going to get him by the end
- 14:56of the live stream. I'll get him on camera.
- 14:58Let's make sure. We can see, Yeah.
- 14:59You guys wait. There.
- 15:01Oh. First, mining gold.
- 15:03Our. Sponsor Thank you.
- 15:04Go check out the. Company if you want.
- 15:06A Canadian gold developer with 13 million ounces of gold.
- 15:10In the ground in Canada, go check out first mining gold and.
- 15:14Reach out to Paul Morris. I've.
- 15:17Got his e-mail address in the description.
- 15:18Of this in every. Video He'd be happy to talk to
- 15:21you. With any questions you may have
- 15:23about the company now let's go. To the Wall Street Journal bear.
- 15:29With me? Hold on, I'm going to have a
- 15:30drink of coffee. Don't forget to give it a thumbs
- 15:39up. It's like a virtual hug.
- 15:40It's something nice. You can feel good about it.
- 15:42Are we in a depression? And what will that mean?
- 15:46What will that mean for? The value.
- 15:50Of silver and gold, I'm gonna tell.
- 15:52You but first let's. Let's let's go.
- 15:56To this article, this is. Very this is.
- 15:58Depressing about what's happened to this country.
- 16:01It's from Zero Hedge. Only 36% of Americans still
- 16:05believe in the American Dream. I still.
- 16:08Believe, OK, a Wall Street Journal poll has.
- 16:10Some interesting questions and answers.
- 16:13About what people think. About the economy and whether.
- 16:16Hard work is recorded, so listen.
- 16:18To these only four and this will.
- 16:20This will this will. Open your eyes.
- 16:23To what your fellow? Americans are thinking right now
- 16:27what has gone wrong in this country.
- 16:30OK, only 36% of Americans still believe in the American Dream.
- 16:36Here was the question. Do you think that that the
- 16:38American, do you think the small writing do you?
- 16:41Think the American. Dream that if you work.
- 16:43Hard. You'll get ahead.
- 16:45Still holds true, never held true or once held true but.
- 16:50Not anymore. OK, 40. 5.
- 16:54Percent of people say that it no once held true, but not anymore.
- 16:59Not anymore. The American Dream does not hold
- 17:02true anymore. 18% said that it never.
- 17:06Held true. That is 63%.
- 17:09That's two. Thirds of people have lost the.
- 17:12American Dream, OK, the American Dream that you could.
- 17:15Do better that you if you work hard that you'll be rewarded.
- 17:18Right. Remember work.
- 17:19Work, work, work, work. Well now it's work.
- 17:22Work, work, work, work. Just to make the minimum.
- 17:25Payment on your credit card just to maybe eat.
- 17:27Some cruddy food. From the dollar store, right?
- 17:31It's not the same American dream that many of our parents.
- 17:35Were gifted with it's. Drastically change?
- 17:38What does that mean for the price?
- 17:39Of silver and gold. Strength of the US economy.
- 17:42Let me see if I can get. This bigger Oh, here we go.
- 17:46Do. You think the American Dream?
- 17:47Oh, wait a minute. I already read that one.
- 17:53OK. How would you rate?
- 17:55The. Strength.
- 17:56Of the US economy. I want you to think your answer
- 18:00OK. How?
- 18:01Would you rate the? Strength of the US economy.
- 18:04Excellent. Or.
- 18:06Excellent. Good.
- 18:08Good at. Good or.
- 18:09Excellent. OK.
- 18:10Or not so good? Poor.
- 18:13All right, I want. You to put your.
- 18:14Answer in, and then I'm going to tell you what your fellow
- 18:16Americans said. I say poor, OK?
- 18:2235%. Of you.
- 18:25Said. That it's excellent and.
- 18:27Good, right. That's.
- 18:28One in three, the other two in three.
- 18:31Of you, my fellow Americans, I I joined you today from the
- 18:35basement to tell you. That 65.
- 18:39Percent of you said the US economy.
- 18:41Is either not so? Good.
- 18:43Or poor it gets more startling. Remember there's only four of
- 18:47these. OK.
- 18:49In general would? You say that.
- 18:51Life in America, that. OK, I'm.
- 18:54Let's act like you and I are. Talking and I have AI.
- 18:56Have a question? For you, OK.
- 18:58All. Right, you basement dweller.
- 19:00Thank you for being here. Thank you for the thumbs up.
- 19:03I'll ring the cowbell when we get to 200.
- 19:05Let me get through this. Startling Wall, Street Journal.
- 19:07Information and what it means for silver and gold, but we're
- 19:10having a little drink of. Coffee together.
- 19:13So glad you could join. Me in general would.
- 19:17You say that. Life in America.
- 19:18Today is better, worse, or about.
- 19:22The same as it. Was 50 years ago for.
- 19:26People like us. OK, three out of. 1030% Would
- 19:34say it's better. Now remember.
- 19:36This is 50. Years ago we've had.
- 19:38I'm I'm 53 since I. Was a little 3.
- 19:41Year old, right? 30% of people say life.
- 19:45Is better but 50%. Say life is worse.
- 19:51Now than it was. 50 years ago. And about 20% said about the
- 19:56same. All right.
- 19:59OK. Final question for you.
- 20:01Final question. We take a sip of our coffee and
- 20:05I ask you. The economic and political
- 20:08systems. Economic and.
- 20:11Political systems. In the United States.
- 20:14Are stacked against people like us.
- 20:18Are the economic and political systems stacked against you?
- 20:22Ask yourself that question 50. Percent of people strongly.
- 20:28Agree or somewhat agree the. Economic system and political
- 20:33system is stacked against you. 50% of people say that.
- 20:38Guys. What this tells me is that
- 20:42American, the mood in America is not good right now.
- 20:46The mood in America, whether you're talking about the
- 20:49political system, the legal system, the economy is not good
- 20:54right now, people. Are already depressed.
- 20:57And depressions are. A state of.
- 20:59Mind if we had into? This depression, we've already.
- 21:03Talked about you and. We didn't even ask.
- 21:06People about the national debt, we didn't ask.
- 21:08People about the. Fact.
- 21:10How do you feel that as an? Average American Your government
- 21:13has overspent 100. Or 200,000.
- 21:16Dollars. A year of money that your
- 21:17children and grandchildren will be.
- 21:19Required to pay back? It's depressing.
- 21:22I'm sorry. It is OK.
- 21:25The value of the. Paper dollar the value.
- 21:28Of the electronic dollar. To the Unicorn fart dust.
- 21:31Is being diluted OK now what does that mean?
- 21:36I promised you what? I I would share with you what
- 21:38that. Means for the.
- 21:39Value of your silver. And gold that.
- 21:42Means if you're sitting. On some silver, if you're
- 21:44sitting on some gold. And I happen to think I could
- 21:46throw in precious metal mining stocks.
- 21:48With that as well that you're. Doing pretty darn good, right?
- 21:53Because. It's this.
- 21:53System. Not to mention what's going on
- 21:56geopolitically? We're not even.
- 21:58We're not. We'll just throw.
- 22:00It in there briefly geopolitically in the world, we
- 22:03have massive change going on. Don't forget when president.
- 22:08G. And President Putin were.
- 22:10Together just like 6. Months ago, the last.
- 22:12Thing they said. To each other is they warmly
- 22:16parted. Ways, right.
- 22:17Their buddies now was. We are moving through a.
- 22:20Period of world. Change that neither of us have
- 22:24seen during our lifetime, and we are.
- 22:26At the forefront. Of that change, things are
- 22:29different right now. We're going to be in for some
- 22:31interesting times, right? Look, I'm a patriotic American,
- 22:36right? I don't have to like I'm obvious
- 22:38part. Of that we get our first.
- 22:39Amendment right of free. Speech.
- 22:41We don't have to like what's going on that.
- 22:44Gives us our right to speak out. You have a voice.
- 22:47I have a voice. OK.
- 22:49We can talk that we're not. Happy with what's?
- 22:52Gone on all right. The situation that our supposed
- 22:57leaders have gotten ourselves into.
- 22:58And I digress. Right now it's cowbell time.
- 23:02So this is the cowbell warning for.
- 23:04Those of you with? Sensitive ears.
- 23:06Which is fine, I understand, but I'm.
- 23:07About Ready to Rank? Cowbell for All the viewers 4.
- 23:11100 and. 65 people on a Monday take.
- 23:32A little bell break. $2100 gold by Christmas.
- 23:36It's common you. Know it, aren't we?
- 23:40Taught that Thomas. Jefferson was like one of the.
- 23:42Smartest guys. And he was.
- 23:44What did he say That has everything?
- 23:47To do with silver and gold. What did he warn?
- 23:52Right. He's put out.
- 23:54A. A very stern.
- 23:56Warning it's. Like the guy could predict the
- 23:59future. Imagine that.
- 24:02I know. We think when.
- 24:03Thomas Jefferson was alive. Hold on, I'm going to try to
- 24:06catch a cat. Come here, Benny.
- 24:08Come here, come here, come here. Oh, I got him.
- 24:20Everybody say hi to Benny. Benny.
- 24:23Say hi. Hey, look, hey, look.
- 24:27Look. Uh oh.
- 24:29Say hi, Benny. Well, anyway, this is Benny.
- 24:34He's half. Silver and half gold, everybody.
- 24:37Say hi to Benny. There's not supposed to be.
- 24:41Cats. Down here when I'm doing my live
- 24:43streams. Anyway, what did Thomas?
- 24:45Jefferson have to. Say this should have us all
- 24:48shaking. In our boots, that makes it.
- 24:51OK, for us. Right basement.
- 24:54Dwellers Silver and gold. Investors to be.
- 24:57Verbal and a little not happy about what has gone on in the
- 25:01country and what does it. Mean for.
- 25:03Silver and gold. Let me read to you what Thomas
- 25:06Jefferson wrote for you and me. And this is a.
- 25:11Big, big deal, he. Said.
- 25:13I believe that banking institutions are more dangerous.
- 25:20To our liberties. Than standing armies, Jefferson.
- 25:25Wrote. Quote if the American.
- 25:27People ever allow private? Banks, hold on a second, Isn't
- 25:33the federal? Reserve a private.
- 25:35Bank. Am I allowed?
- 25:37To say this right, isn't the federal?
- 25:40Reserve a private. Bank if the American people ever
- 25:44allow. Private Banks to Control.
- 25:47The issue of their currency. Doesn't the Federal Reserve
- 25:53control the issuance of more paper Unicorn fart dust dollars
- 25:59he? Says then first by inflation do
- 26:04I need to say anything? And then by deflation, the banks
- 26:10and corporations. That will grow up.
- 26:14Around these banks will. Deprive the people of all
- 26:20property. Until their children wake up
- 26:24homeless on the continent that their fathers conquered.
- 26:29Let that sink in. OK, Come back.
- 26:32Later, watch the replay of this video.
- 26:35And listen, listen to that again, then, he said.
- 26:37Quote the. Issuing power of currency.
- 26:41Shall be taken. From the banks.
- 26:43And restored to the. People to whom?
- 26:46It properly belongs OK. So what does that?
- 26:53Mean for the value. Of silver what?
- 26:55Does that mean for the value of gold, we almost have 500 people?
- 26:59I tell. You what, guys?
- 27:00Hey, let's get the 300 thumbs. Up and remember I'll ring the
- 27:04gong. When we get the three. 100
- 27:06thumbs up this. Is free.
- 27:08Press that it's free. And don't forget, right?
- 27:11Pray That's like a virtual. Hug we.
- 27:13Work Susie works? Really.
- 27:14Hard on this. So she really loves when you
- 27:16give. Don't do it for me, do it for.
- 27:18Susie. OK, but but and we.
- 27:21Almost have 5. 100 people on this live stream which is
- 27:24awesome gold and silver enthusiasts.
- 27:26We are strong. We're.
- 27:28Elite I was talking to Daniel Diaz.
- 27:31This morning from the citizens. For sound money, guys, we got
- 27:35big. Movements going on across the
- 27:37country right now for legal tender legislation?
- 27:42Big. Big things are happening.
- 27:44I've got some videos coming out later in the week.
- 27:46Have you heard of the state call?
- 27:47I'll give you a little, a little teaser.
- 27:49Have you heard of a state called Florida?
- 27:52How about Texas? OK.
- 27:55Have you heard that their economies have done very?
- 27:57Very well over. The last 10 years.
- 28:00They're. Innovative economically in many
- 28:03ways. Florida, Texas.
- 28:06I got some news coming out later in the week.
- 28:09Make sure you just stay. Tuned OK none the less.
- 28:14What? Jefferson told us was.
- 28:16They will destroy. The average American with paper.
- 28:20Money with Unicorn fart dust, right?
- 28:23Big banks. Big.
- 28:25Corporations. We don't have any big
- 28:27corporations. In this country, do you we only.
- 28:29Have. We only have.
- 28:31Like 7 companies on the S&P 500 that make up like what, 90%?
- 28:36Of the. Market cap now.
- 28:37If you're not NVIDIA or Amazon or Muda or Microsoft or
- 28:43whatever, well then you're peanuts, right?
- 28:46Those are the only. We.
- 28:47Don't have big banks. We don't have a private.
- 28:49Bank right. The federal.
- 28:51Oh, wait, the federal Hold on a second.
- 28:53Let's ask. Let's ask.
- 28:54Jerome. Or is it Jerome?
- 28:56I always get confused. Is it Jerome Powell or Gomer
- 28:59Pyle? Anyway, Jerome, we all have a
- 29:07question for you. Is the Federal Reserve.
- 29:10A private bank or a public bank? Is it owned?
- 29:13By the United States citizenry, or is it owned by?
- 29:15Private interest. It is owned by private interest,
- 29:20OK? I guess Jerome Powell doesn't
- 29:26believe in Thomas Jefferson. But doesn't it feel?
- 29:29Like what Jefferson said. Is happening right now.
- 29:33I digress at the end of the day. When they screw.
- 29:36It all up. Because the snake will eat its
- 29:38own tail. And we're at that stage right
- 29:41now, I. Listen to Lynette.
- 29:42Zang and Daniela Cambodi, 2 of my favorites, talked last night
- 29:48and it's like we. Are at that point.
- 29:50When I talked to Lynette saying when she.
- 29:51Was a gracious guest here in the basement.
- 29:54She said. Ron, I said.
- 29:55Lynette, why does do you feel crazy?
- 29:57Do you? Let me ask.
- 29:58You that. Question Does it feel?
- 30:00Crazy to you? Out there right now.
- 30:02I'm going to answer it. The last.
- 30:04Time I asked you to type. Anything.
- 30:06Move your fingers. Your Fitbit will register one
- 30:09walk a step. If you think.
- 30:11Things are crazy. Type Crazy.
- 30:13In the in the chat. But her?
- 30:16I've heard Lynette. She said it to me.
- 30:17I heard her basically saying this to Daniella.
- 30:20Camboni as well, like. Hey.
- 30:22It feels crazy because. We're at the crazy stage.
- 30:25We're at the. End stage.
- 30:27I heard Lynette say, like, I didn't think that maybe it would
- 30:30even happen during my lifetime. And it's it's.
- 30:33Happening right now, it's. It is, it feels.
- 30:36Crazy because it is crazy. There's so many.
- 30:39There's so much smoke and so much mirrors.
- 30:42Right. That it's it's that's.
- 30:45Why? It doesn't make sense.
- 30:47So what Jefferson said, right? Is it happening right now?
- 30:53OK. OK.
- 30:56The banks will? Deprive the people of all.
- 30:59Property until their children wake up homeless on the
- 31:05continent that their fathers conquered.
- 31:09Isn't it a shame? Unless.
- 31:13Unless. The people hold.
- 31:15Some silver and gold and that's what guys.
- 31:18Like Pat. Holland guys like Daniel Diaz.
- 31:21Are. Working tirelessly to help
- 31:23states on a state by state basis, pass legal tender
- 31:27legislation, come up with functional, modern ways to use
- 31:32silver and gold as money. OK, to protect us.
- 31:36From the. Potential, right.
- 31:41I guess I I. From the potential downfalls.
- 31:45Of big banks. Now look, I didn't say it.
- 31:47Don't don't get mad at me. Thomas Jefferson said it.
- 31:51Yes, that Thomas Jefferson. What was?
- 31:54That place called Monticello. Yeah, that Thomas Jefferson.
- 31:57People like Lynette. Zhang right.
- 31:59And I think Daniela Cambodi agrees.
- 32:02With her right? And.
- 32:03And isn't it interesting that now?
- 32:05As we get to this point. That we're.
- 32:07That we're. That we're.
- 32:08Getting more and more. People that are starting.
- 32:11To wake. Up to just how fragile, how
- 32:14delicate, how? Screwed up everything is Oh.
- 32:17Man, a super chat. Thank you Stacker Factor.
- 32:21Super. Chats are super appreciated
- 32:23because they helped. Me pay for.
- 32:24Christmas for my twin 11 year old daughters.
- 32:29Everything's more expensive now. Right.
- 32:32Let's talk about. Inflation.
- 32:33For a second, everything's more. Expensive and on top.
- 32:36Of that right as kids. Get older.
- 32:39They eat more. They want more.
- 32:41But I'm not here to. You're not here to hear me
- 32:42complain about about how? Much it costs to raise a family.
- 32:45Because, you know, it's not just me.
- 32:48It's. You too, how difficult it is.
- 32:51And when we have. States.
- 32:54Working to help you. Right to facilitate your
- 32:58ability, protect your wealth with.
- 33:00Silver and gold. We can cheer them on.
- 33:02Look guys. These have to be grassroots.
- 33:05Movements, and they are grassroots movements, and your
- 33:08involvement definitely matters, right?
- 33:11We got a lot going on in the world right now, a lot going on
- 33:15in this country we want to protect.
- 33:18Ourselves with silver and gold, we.
- 33:19Are trying our hardest here at Ron's Basement to get let's get
- 33:23500 people, please. Don't leave this live.
- 33:26Stream. It would be a real.
- 33:27Virtual hug for. Me to get the 500 and we're
- 33:29going to get. 300 thumbs up, OK? We're, we're, we're, we're,
- 33:36we're. Working to get the 30,000
- 33:38subscribers we're. Working our Darndest, please.
- 33:41Subscribe to the channel. Don't forget I got a.
- 33:43Cyber Monday deal on subscriptions.
- 33:46They're free. Right now, press subscribe.
- 33:50But remember, press the bell too.
- 33:52Underneath the subscribe. That way you get notified every
- 33:55time we put out a new video. We're working.
- 33:57To get to 300 thumbs up and. I'm going to ring.
- 34:00The gong, huh? I'm going to ring the gong.
- 34:03Daniella Cambone, Lynette Zhang. Andy Scheckman, Rick Rule.
- 34:09You know everybody. Has their own perspective on
- 34:12this. What?
- 34:12I would. Recommend for you, Ron from
- 34:14Ron's basement right Coin. Shop Chris Jake from Jakes
- 34:18Custom. Parts, Annie, Oakley, all these,
- 34:21all of us. We all have our.
- 34:22Own perspective on things. Share your perspectives with
- 34:27your fellow. Basement.
- 34:28Dwellers, share your listen. To what all these different
- 34:31people say, and then formulate your own thesis.
- 34:34Okay, that's a big. Big deal.
- 34:37And Oh my gosh, we got the three. 100 thumbs up, I am going
- 34:40to ring the gong. OK, a few.
- 34:42More quick. Things go to ronsbasement.com
- 34:45register. For the chat room.
- 34:46It's free. Also use the same username that
- 34:51you use here on YouTube. That way you can go to
- 34:53ronsbasement.com 24 hours. A day, seven days, a week, 364
- 34:57and a. Half.
- 34:58Days a year and. Connect with other basement
- 35:01dwellers. Yes, we're trying to go for
- 35:0230,000 Subs. Yes, it does mean something to
- 35:05us. Yes, super.
- 35:07Chats are very much appreciated. Never expected, did I?
- 35:11Forget something? I don't know.
- 35:13OK, 2100. Dollar gold by Christmas.
- 35:16And we got to ring the gong three times because we.
- 35:18Got the three? 100 thumbs up.
- 35:26The. Golden gong this.
- 35:29Is you all? Right.
- 35:39I do love the gong that that came from a basement dweller.
- 35:43He sent it to me. All right.
- 35:45Guys have a good. Day.
- 35:46Let's hope, let's hope, let's hope that we get higher.
- 35:50Silver and gold price by the end of the day.
- 35:52But let's be real. It doesn't matter, OK?
- 35:55Little movements here and there hit her.
- 35:57Tether. Whatever.
- 35:59It's going to be, however, very exciting the longer we can stay.
- 36:04Above 2000. The more we are building.
- 36:06Thank you, Shadow. Work for the Super.
- 36:08Chat my friend. Super.
- 36:09Appreciated. The longer we can stay above
- 36:132000, the more. Of a base we are.
- 36:16Building to catapult to new all time highs.
- 36:19I think it's going to happen next year.
- 36:21I don't. Have a crystal ball.
- 36:22Don't make any financial decisions based upon what I'm
- 36:25saying, I. Need to thank our sponsor
- 36:27Pembax. Right.
- 36:29If you want to get your hands on some silver and gold, right?
- 36:32Now go check out Pimbex P. I MB E.
- 36:36Xpimbex.com I did my own due. Diligence you do.
- 36:42Your own due diligence. Develop your own.
- 36:46Thesis right decide for. Yourself.
- 36:49Is Pimbex trustworthy? I say.
- 36:52Absolutely yes, I learned. About it from fellow basement
- 36:55dwellers. Which is a really.
- 36:56Good sign I trust Pembex. OK, I also know that I can
- 37:01trust. That their prices are always
- 37:04ultra. Ultra competitive?
- 37:07I can't. Say they're always the best on
- 37:09everything. All the time.
- 37:11But usually they are. And what I like.
- 37:14About that. Is I have a.
- 37:16Company I can trust and I don't have to shop around a zillion
- 37:20websites when I'm looking to buy some silver, right?
- 37:23And then if I find it. Cheaper, which I usually don't,
- 37:26but if I. Could find it cheaper somewhere
- 37:27else. Then I got to dig.
- 37:29In for hours to make sure the company that I'm looking at is
- 37:32trustworthy. With Pinbex, I know they're
- 37:34trustworthy. I.
- 37:35Know the prices. Are great.
- 37:37And I'm a satisfied customer. You do your own homework and
- 37:40decide. For yourself we've got.
- 37:42More and more women joining us here in the basement.
- 37:44Again, you're always welcome. June 14th, International Women's
- 37:48Silver. Day Have a great day.
- 37:50Thank you for being. Here and I'll see you soon.