Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **SILVER & Gold Price** You Best LISTEN to THIS! 🚨 (Robert Kiyosaki)

Transcript

**SILVER & Gold Price** You Best LISTEN to THIS! 🚨 (Robert Kiyosaki) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:02
  Can you see me? Can you hear me?
• 0:05
  Hello. Are we live?
• 0:07
  Yeah, we're live. Hey, thank you for being here.
• 0:09
  Things are getting critical. I mean, critical for silver.
• 0:13
  We're going to cover that. But also, Robert Kiyosaki says
• 0:17
  gold is God's money. Big, big story there.
• 0:21
  And another expert tells us that the US dollar is been replaced
• 0:26
  by gold as the world's reserve currency.
• 0:29
  Let's start talking about silver first, but before we do that,
• 0:32
  thank you for being here, right? You're very important.
• 0:35
  You're the most important part of this broadcast.
• 0:38
  So thank you thank you, thank you You're the apple of your
• 0:40
  momma's eye. Please like to share this
• 0:43
  subscribe to the channel. We would much appreciate it Now
• 0:46
  let's go take a look at what is going on Why things things are
• 0:50
  really getting critical for silver.
• 0:52
  Here's a one year chart excuse me of the silver price and guys,
• 0:58
  we are at a critical juncture right now.
• 1:00
  I still wholeheartedly believe that we are in for $60.00 silver
• 1:06
  by April of next year, but if we want hold on a second here, if
• 1:12
  we want this rally to continue, this is the red line in the
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  sand, right at about $35 per oz for silver.
• 1:21
  Shoot, hold on here. Hopefully you guys can see this
• 1:28
  having some technical issues this morning.
• 1:31
  There we go. That's about $35 for silver.
• 1:35
  OK, you can see that. Good.
• 1:37
  Thank you. All right.
• 1:38
  We have obviously went above $35 up in this range and we are
• 1:43
  heading back down. Don't forget that was the one to
• 1:49
  third time that we attempted to get above $35.
• 1:53
  Hopefully what we're going to see is a bounce upward here from
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  this red line which is now acting for the time being as
• 2:01
  support. But we are at a critical,
• 2:03
  critical period now. If we do indeed go back into
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  here into the 3433 area, the next time that we go up above
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  $35, it is darn near statistically impossible that we
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  don't continue higher. So I am saying with a high
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  degree of confidence, although I'm not a financial advisor so
• 2:23
  do not make any financial decisions based on anything that
• 2:27
  I say here today. But I am confident that if we do
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  go below, the next time we go above, we will really be off to
• 2:35
  the races. Because statistically speaking,
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  it's almost impossible to to have a triple top and not break
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  out for 1/4 time and keep going higher and higher, although not
• 2:48
  out of the realm of possibilities.
• 2:49
  Now let's look at the gold chart here guys.
• 2:52
  Look at this. Look, we're having some
• 2:54
  difficulties today in the precious metals markets, but a
• 2:58
  strong upward trend in gold. This is the one year chart of
• 3:03
  gold starting back in what, November, December of last year
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  where we started to make this big upward move in gold.
• 3:11
  The line in the sand for gold is going to be, in my opinion,
• 3:17
  right here, right around $3200 per oz.
• 3:22
  It appears there's some strength there.
• 3:24
  Look, I don't dive into all this crazy charting stuff, just kind
• 3:28
  of common sense charting. But don't you see that when you
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  look at this chart that around $3200 per oz for gold is the
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  line in the sand? So we're going to keep a close
• 3:38
  eye. I know today, so far today is
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  Tuesday, June 24th, 2025. Did I tell you already?
• 3:45
  Thank you for being here. Thank you for being here.
• 3:48
  It's been a challenging day in the precious metals markets.
• 3:51
  But Remember, Remember basement dwellers, nothing goes up in an
• 3:56
  absolute straight line. Pull backs are normal.
• 4:00
  It shakes out the weak hands, it shakes out the scaredy cats and
• 4:04
  replaces them with people who know that the future looks very
• 4:07
  bright for the precious metals. The other thing that we'll touch
• 4:11
  on is the war premium. I said this in the previous live
• 4:15
  stream and I believe it wholeheartedly from years of
• 4:18
  experience following the precious metals.
• 4:21
  And that is quite simply this, that these one time event driven
• 4:25
  spikes in metals never seem to last.
• 4:29
  The basic fundamental fact is one thing the reason why
• 4:32
  precious metals will continue upward is because of, and I got
• 4:36
  a whole list here I'm going to read to you.
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  Dollar destruction, dollar devaluation, dollar weakening,
• 4:44
  dollar dilution. And why is that?
• 4:47
  Well, look, it wouldn't be a trip to the basement without a
• 4:50
  trip to the US debt clock. Let's just do a check to make
• 4:53
  sure sure that our government hasn't instantaneously paid off
• 4:57
  all of our debt. And as you can see here on the
• 5:00
  US debt clock, obviously, guys, big news.
• 5:03
  We have breached $37 trillion in debt.
• 5:09
  Don, the man was the one who told me this.
• 5:12
  Don't forget $1 trillion. Do you know how much $1 trillion
• 5:16
  is, $1 trillion is 1,000,000 * 1,000,000, just like a million
• 5:23
  is 1000 * 1000. A trillion is 1,000,000 *
• 5:27
  1,000,000. Obviously, interest on the debt
• 5:30
  is getting out of control. Now what?
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  The largest line item, blah blah, behind Social Security and
• 5:35
  Medicare. We're spending more on interest.
• 5:38
  Remember, we get nothing for that.
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  And that's one out of, if you look up here, the federal tax
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  revenue of 5 trillion. So one out of every $5 that you
• 5:49
  pay to your government if you're AUS citizen, one out of $5 is
• 5:53
  used just for interest expense alone.
• 5:56
  And of course, we always like to take a look at the dollar to
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  silver ratio, which is currently sitting at 1134.
• 6:03
  That means for each one ounce of silver that the world mining
• 6:07
  industry produces this year, the US government is doing a great
• 6:12
  job of printing 1134 U.S. dollars via the M2 money supply.
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  That number had been going up and up.
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  It's kind of stabilized right now, but still just completely
• 6:23
  out of control. And hey, while we're here, we'll
• 6:25
  check on the paper to silver ratio a little bit lower here
• 6:29
  where you see my yellow pointer. Oh yeah, you can see my little
• 6:34
  yellow pointer. 365 paper ounces of silver for each physical oz.
• 6:40
  It's really ridiculous in the paper to gold ratio.
• 6:44
  What's it's a little bit lower at 1:34 to 1:00.
• 6:47
  Hey, while we're on that subject of real silver, let's talk about
• 6:51
  real silver. Check this piece out.
• 6:53
  This is the Chinese lunar calendar on the back of this
• 6:57
  beautiful one ounce round that came from channel sponsor.
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  First meant right there. First meant let's go out to
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  their website. It's been a few days since we
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  did that and take a look at what first meant has to offer.
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  OK, there's what I just showed you, the year of the dragon with
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  the Chinese calendar on the back.
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  They have bars, 5 oz, 10 ounce, 1K.
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  Let's see what's next. What else?
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  Oh, they're Buffalo round with my favorite of everything, the
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  Indian Head on the background. Absolutely beautiful.
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  And there's one more, the year of the snake.
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  But what really. And this is their website,
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  But what makes First Mint so unique?
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  And what I love about them is they're part of First Majestic
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  Neumeyer. With First Mint, it's a very
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  unique proposition. They mine the silver in Mexico,
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  right? All that energy, all those
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  miners making that happen, they ship the silver from Mexico to
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  their mint in Las Vegas, Nevada, where they create these unique
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  world class, one-of-a-kind silver products.
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  And then it gets shipped to you. So it goes from the mine to the
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  mint to you like the freshest silver on the market.
• 8:20
  But wait, there's more. Think about it, that silver that
• 8:24
  you get from First Mint has never been touched by the Comex
• 8:28
  or the LBMA. It's Comex and LBMA free.
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  Check them out. OK, again, they're creating
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  world class products made in the USA, minted in the USA.
• 8:38
  First mint.com. Now where are we going next?
• 8:41
  So much going on man. OK, let's talk about these two
• 8:44
  gurus, 2 gurus who are telling us very interesting things about
• 8:49
  gold and silver. We'll start with this one.
• 8:52
  Nasim Taleb puts out a statement that is really kind of shocking.
• 8:58
  This comes from the Daily Hodel where he says that the US dollar
• 9:04
  is now effectively been replaced as the world's reserve currency
• 9:10
  by this asset. According to Black Swan author
• 9:12
  Nasim Taleb, very interesting economist and best selling
• 9:17
  author, says single asset has overtaken the US dollar's
• 9:20
  position as the world de facto reserve currency.
• 9:24
  Now we know officially the US dollar is still the world's
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  number one reserve currency, followed by gold.
• 9:30
  It overtook the euro not too long ago.
• 9:32
  But Naseem has something very, very interesting to say about
• 9:36
  his perspective on that matter. In an interview with Bloomberg,
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  he said that the US dollar has lost its status as a reliable
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  safe haven asset, noting that people prefer to invest in the
• 9:49
  stock market rather than hold a currency that declines in value
• 9:53
  over time. Think about the US debt clock,
• 9:55
  which we just looked at. America's sweeping sanctions
• 9:59
  against Russia were a catalyst for this.
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  But according to Taleb, gold is now the world's reserve
• 10:06
  currency, highlighting that the dollar's credibility eroded
• 10:10
  after America and its allies weapon not weaponized. the US
• 10:14
  dollar, says quote that would end up being reflected in stocks
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  in the slow decline of the dollar.
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  And effectively there's a second risk.
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  The first one is the deficit. The second one is effectively
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  the dollar is losing its status as a reserve currency.
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  You can see the accumulation of gold in the reserves and the
• 10:35
  behavior of gold over the past 12 months, he said.
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  Gold is effectively now the reserve currency transactions
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  take place, dollars and EUR, usually dollars and at the same
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  rate. However, they get converted back
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  into gold and we can see that from the accumulation of
• 10:56
  reserves. So what he is saying basically
• 10:59
  is, yeah, the, the, the world still uses dollars to conduct
• 11:02
  trade, but then they're quickly converting those dollars into
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  gold. That's what we're seeing with
• 11:08
  the Shanghai Gold Exchange, right?
• 11:11
  Becoming more and more popular, building gold warehouses all
• 11:15
  around the world. The world financial system,
• 11:18
  guys, is changing right now before our very eyes.
• 11:22
  It's happening slowly, like they boil a frog or whatever that
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  that analogy is, but it's happening day by day by day by
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  day. The world is losing confidence
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  in the US dollar. I don't like it.
• 11:36
  I live in the United States. The founding fathers set the
• 11:40
  system up in a great way, but unfortunately, let's just say
• 11:45
  over the last few decades some of our politicians have made
• 11:48
  some pretty bad decisions that are leading to the US dollar
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  losing confidence with other countries around the world.
• 11:57
  Now don't forget also coming up in early July, we have a massive
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  bricks conference going on in Rio de Janeiro, Brazil.
• 12:06
  And is it a sleeper because you're not hearing a lot of
• 12:09
  people talk about it. Remember last year we sat down
• 12:12
  here and, and, and, and we talked about how there was all
• 12:15
  this speculation that they were going to announce a new world
• 12:19
  gold backed reserve currency and it kind of turned into a nothing
• 12:23
  burger. Could this year be the sleeper
• 12:26
  surprise where they come out with the some type of big
• 12:29
  announcement announcement? Now we know at minimum that
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  there will be in depth discussions at minimum amongst
• 12:36
  the BRICS countries about trading outside of the US dollar
• 12:40
  in using their own currencies. And don't forget the BRICS,
• 12:43
  Brazil, Russia, India, China, South Africa, but also right the
• 12:47
  other countries, Iran, I guess Saudi Arabia is kind of out of
• 12:52
  it this point. Egypt and a host of others, they
• 12:55
  are interested in moving away from using the dollar for trade.
• 12:59
  So it's going to be very interesting to watch and see
• 13:02
  what happens. Robert Kiyosaki calls gold God's
• 13:06
  money. Let's get to that first, next.
• 13:10
  But first, if you you want a company that has millions of Oz
• 13:15
  of gold in the ground right there.
• 13:17
  First mining gold. It's a stock I own.
• 13:20
  I'm not a financial advisor, don't make any decisions based
• 13:23
  on what I say. But first Mining Gold is a
• 13:26
  Canadian development stage company that has millions of of
• 13:30
  Oz of gold in the ground in Canada.
• 13:33
  They have the spring pull project in Ontario, they have
• 13:36
  the du Parquet project in Quebec, and they have another
• 13:39
  Canadian gold project called Cameron.
• 13:42
  When you add them all together, you're talking about 9:10 or
• 13:46
  more million ounces of gold in the ground in Canada.
• 13:50
  Unbelievable amounts of money were spent over decades and
• 13:54
  decades to drill and define that that gold is in the ground.
• 13:59
  And guess what? They're there aren't many big
• 14:01
  development stage gold projects in Canada in the big mining
• 14:05
  companies are soon going to be clamoring to get their hands on
• 14:09
  these defined resources that are in the ground.
• 14:12
  You can learn more about the company at firstmininggold.com.
• 14:15
  And if you want, and I might recommend you do this, you want
• 14:18
  to talk to a real person at the company, you can actually reach
• 14:21
  out to Paul Morris. He's their director of Investor
• 14:24
  relations. You can call Paul, or better
• 14:27
  yet, send him an e-mail at Paul at First mininggold.com.
• 14:31
  Now, what did Robert Kiyosaki have to say about gold and why
• 14:35
  do we want to pay attention? Let's go out and check this out
• 14:39
  because it is very interesting. Here we go.
• 14:45
  This came from our friends at Yahoo Finance.
• 14:49
  Robert Kiyosaki believes that civil war has begun in the
• 14:53
  United States, and he wants Americans to put their cash into
• 14:57
  something precious. I wonder what he's talking
• 15:00
  about. Let's dig in here.
• 15:02
  Rich dad, Poor dad. Author Robert Kiyosaki has just
• 15:05
  issued A dire warning for Americans.
• 15:08
  He says civil war has begun. ICE raids in Los Angeles erupt
• 15:13
  into mass violence. Well, then we know we had
• 15:15
  another war that begun that apparently maybe is over at this
• 15:18
  part. But anyway, he recently wrote on
• 15:21
  a post on XI believe we in the world are in for a long, hot,
• 15:26
  violent summer. OK.
• 15:28
  California governor Governor Gavin Newsom recently accused
• 15:31
  Trump of wanting a civil war on the streets.
• 15:35
  Hold on, it gets better, OK. Amid the escalating tensions,
• 15:39
  Kiyosaki link the turmoil to the 4th turning a generational
• 15:43
  theory by author Neil Howe and William Strauss.
• 15:47
  According to the theory, society moves in roughly 80 year cycles
• 15:51
  marked by periods of upheaval that reset political and
• 15:55
  economic systems. And doesn't that kind of seem
• 15:58
  like I'm 55 and now that I'm learning more and live longer
• 16:01
  and looked at history like all these things kind of happen in
• 16:05
  cycles. Kiyosaki pointed out the
• 16:08
  previous 4th turnings, including the included the American
• 16:12
  Revolution, the Civil War and the Great Depression, World War
• 16:17
  Two. He believes the current cycle is
• 16:20
  about redefining 1 fundamental concept.
• 16:24
  Money. OK, in Orange.
• 16:28
  The issue, according to Kiyosaki, is our bankers are
• 16:31
  stealing the wealth of people, people via fake money,
• 16:35
  counterfeit money. The central bankers print,
• 16:38
  right? Print.
• 16:39
  They can just print, print, print, print.
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  Dilute, devalue the US dollar, he said.
• 16:43
  I trust the era of bankers ripping off the world is coming
• 16:47
  to an end. Sound money, gold, silver and
• 16:51
  Bitcoin. Take away the power from the
• 16:53
  corrupt bankers. Stop saving fake money.
• 16:58
  Save gold, silver and Bitcoin. God's money.
• 17:02
  As I've said for years, gold and silver are God's money.
• 17:08
  Kiyosaki, the famed author has been advocating for precious
• 17:11
  metals for decades. Here in October of 2023, he
• 17:16
  predicted on X quote gold will soon breakthrough $2100.
• 17:22
  Remember guys, this was what, 18 months ago?
• 17:25
  And then take off. You will wish you'd bought gold
• 17:28
  below 2000. Next stop, gold $3700 OK, now
• 17:34
  let's switch over quickly to Ray Dalio, right the guru, founder
• 17:38
  of Bridgewater Capital. Bridgewater Associates, the
• 17:41
  world's largest hedge fund hedge fund, just back in February told
• 17:44
  CNBC people don't have typically an adequate amount of gold in
• 17:50
  their portfolio, adding when bad times come, gold is very is a
• 17:54
  very effective diversifier. So we've got Naseem Taleb
• 17:59
  talking about the end of the dollar is the world's reserve
• 18:02
  currency. We we have Robert Kiyosaki
• 18:05
  telling us in no uncertain terms now get into silver and gold,
• 18:11
  God's money and Ray Dalio from Bridgewater Capital saying most
• 18:16
  people are under allocated into gold and silver.
• 18:19
  I'm a big believer. I believe silver will reach
• 18:23
  $60.00 per oz by April Fool's Day 2026.
• 18:28
  I'm out on a limb. That's my prediction, most of my
• 18:31
  predictions, addictions have come true.
• 18:32
  I feel very strong. My instincts tell me my
• 18:35
  intuition. How do you feel about it, right?
• 18:38
  Right now, we are in a very critical period for the silver
• 18:42
  price and the gold price, but we're in it together, right?
• 18:45
  And please don't forget, I appreciate you being here.
• 18:48
  Please subscribe to the channel video thumbs up would be much
• 18:51
  appreciated. Share it with your friend, share
• 18:53
  it on X wherever you like. But this critical time that
• 18:57
  we're at with silver, $35 must hold gold.
• 19:02
  I'm saying 3200. If we go below those levels, it
• 19:06
  is not the end of the world. Because as we looked at the
• 19:10
  reason why, the big reason why as we looked at earlier on the
• 19:15
  US debt clock, the fiscal and monetary situation in this
• 19:19
  country is critical, critical, bad at this at this time.
• 19:25
  So we will move whether we want to look at another year from
• 19:29
  now, five years, 10 years down the road, we will move into an
• 19:33
  environment which will be very challenging for most of our
• 19:37
  fellow Western citizens, American citizens, but we'll
• 19:41
  also be extremely conducive to higher precious metals prices.
• 19:46
  Again, thank you to all of our sponsors.
• 19:49
  First meant first mining gold. Also want to say thank you to
• 19:52
  channel sponsor Ledger. Ledger is the cryptocurrency
• 19:56
  hardware wallet security leader. And to our friends at Moon Pay,
• 20:01
  they're the leading fintech company going right now, growing
• 20:05
  and innovating like no one else #1 thank you for joining me here
• 20:10
  in the basement. It's a big deal.
• 20:11
  I always appreciate you giving me your time.
• 20:14
  We're in for good times with the precious metals.
• 20:18
  Period, right? Remember, guys, remember,
• 20:21
  nothing goes straight up. Today's been a challenging day
• 20:24
  for silver and gold, no doubt about it.
• 20:26
  That's OK. That's normal.
• 20:28
  What do you see when you look out one year, five year, 10
• 20:32
  years from now? Remember, we were down here
• 20:34
  three years ago when silver was what?
• 20:37
  Let's go see where silver was three years ago.
• 20:39
  That'll be interesting. And then if you want me to say
• 20:42
  hello to you, I'll pull up the comments.
• 20:44
  I'll spend a few minutes. Say, say, say, put a comment.
• 20:47
  Tell me where you're joining it's from and we'll check that
• 20:50
  out. But let's go out here to the
• 20:52
  silver chart and let's look at a five year chart of silver.
• 21:00
  Where were we three years ago? That would be what, June of
• 21:03
  2022? Nope, here we go.
• 21:09
  Wow. Well, here, look at this.
• 21:12
  Unbelievable. Back in August of 2022, we were
• 21:16
  at silver at $18.00 per oz, roughly half of where we are
• 21:22
  right now. OK, where were we about a year
• 21:26
  ago? 624, where is it 627?
• 21:33
  OK, we were at $20 silver. So guys, you know and look where
• 21:37
  we've gone from there. We will draw one quick, one
• 21:40
  quick line on this chart because we need to remember where we
• 21:45
  where we come from. Wow, look at this.
• 21:49
  Do you notice something? OK, that was three years ago,
• 21:52
  $18.00 silver less than three years ago.
• 21:56
  Look at that uptrend. All right, we are in for some
• 21:58
  continued good times in the silver market.
• 22:02
  Let's go out and look at some comments.
• 22:03
  Say hello, see who's out there. OK.
• 22:06
  Hello, Mark. Mark Holdman, South Africa, my
• 22:09
  friend, my grandpa's from South Africa.
• 22:12
  Mark, hold on. On screen.
• 22:16
  Mark, hold them. And then.
• 22:18
  Yeah, my grandpa Rademeyer's from South Africa.
• 22:21
  He was a bore. Fought in the bore war, came to
• 22:23
  Saint Louis for the World's Fair.
• 22:25
  That is awesome, man. Got some S Africans in the
• 22:28
  house. OK, Angel.
• 22:30
  Angel Eyes. Good to see you.
• 22:32
  Jerry Mandarin. Sign up, Mark from South
• 22:36
  America. All right, guys.
• 22:38
  Texas. Rudy.
• 22:39
  All right. Good to see you, Texas, Rudy and
• 22:43
  Jerry Mandarin. All right, anybody else?
• 22:46
  Jake from Jake's Custom Parts. Man, I forget to say thank you.
• 22:49
  Jake is a moderator here on the channel has done a great job for
• 22:53
  years. Appreciate you, Jake.
• 22:55
  Everyone loves you in the precious metals and even the
• 22:58
  crypto communities. Jake from Jake's Custom parts. 2
• 23:01
  thumbs up and make sure I didn't I didn't miss anybody.
• 23:05
  There's Michelle. Good to see you, Michelle.
• 23:08
  OK. Hi.
• 23:09
  There's Barton from Canada. Hello, Bart.
• 23:12
  Hello, Rabba. Dabba Debbies from England.
• 23:17
  Awesome, my friend. All right, guys, have a great
• 23:20
  day. Thanks again for being here.
• 23:22
  I'm going to look forward to seeing you next time.
• 23:24
  Take care of yourself. I'll see you soon.
• 23:26
  Bye. Bye.