Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Robert Kiyosaki WARNING!: YOU Best LISTEN to This - Silver & Gold price news update
Transcript
- 0:01Major craziness in the silver and gold markets right now.
- 0:05Major craziness in the world in general.
- 0:09Don't you worry, by the end of this live stream, we're going to
- 0:11make sense of it all and we're going to feel real good about
- 0:15gold and silver. We've even got a good warning
- 0:18from Robert Kiyosaki himself. But let's start by looking at
- 0:21what's happening right now in the markets, guys, because it's
- 0:25a surprise to many, although as we talked about yesterday, not
- 0:30really a surprise to us. Here we are in the silver
- 0:34futures market, woo, down $6 per oz to $87.00.
- 0:41Let's go out and take a look at the spot market for gold and
- 0:45silver. And here we see, OK, so silver
- 0:48at 88 dollars. Oh, interesting.
- 0:51We're going to talk about that, $88 in the spot market.
- 0:55The futures market for gold still green, about $14.00 per
- 0:59oz. I do want to point this out
- 1:01quickly. The spot price of silver at $88
- 1:04is indeed a little bit higher. We can officially say we are in
- 1:09a state of backwardation, but let's talk about what's
- 1:12happening in these markets right now and why this why this could
- 1:17be happening. OK, silver #1 is probably
- 1:21getting hit because of the economic industrial component of
- 1:26demand for silver. People are probably freaking out
- 1:29about the world economies with all everything going on in the
- 1:32Straits of Hormuz. We talked about that
- 1:35exhaustively last night, right? That's the artery for the
- 1:38world's energy supply. People are worried bottom line
- 1:42about the economy, so they maybe are worried about the the the
- 1:46demand component for silver coming from industrial demand.
- 1:51But guys, look, there's so much going on right now.
- 1:54We talked about this over the weekend that we could actually
- 1:58see a reverse reaction and that we could actually see a silver
- 2:03price lower by next Sunday. It's happening sooner than I
- 2:07thought. And I think I'll actually amend
- 2:09my prediction that now that since it's happening so much
- 2:13sooner, that will actually will see a higher silver price by
- 2:16next weekend. But the short term it's I, I
- 2:19actually look at this as a good thing.
- 2:22When wars break out, when there's massive events that
- 2:25happen, oftentimes gold and silver spike higher.
- 2:28We saw that with gold over the weekend.
- 2:30Silver, everybody was expecting over the weekend, oh, we're
- 2:33going to have $100 silver, 100. And OK, look, when that happens,
- 2:38that's usually very short term. We got to keep an eye on the
- 2:41long term fundamental story as to why gold and silver had done
- 2:46what they've done. OK, Another question for you.
- 2:50When it comes to uncertainty in the world right now, which is a
- 2:54big driver, overall uncertainty, the event hype, yeah, I know
- 2:58it's exciting, it's fun, but that doesn't give us we're
- 3:01looking long term at gold and silver.
- 3:03I want to I want to ask you a question.
- 3:05How do you think China is feeling about the United States
- 3:08right now? How do you think Russia is
- 3:11feeling about the United States right now?
- 3:13We basically have have severely curtailed China's ability to get
- 3:18crude oil for one thing from Venezuela, from the Middle East.
- 3:22This is not going anywhere the world.
- 3:25I'll ask you a simple question, right?
- 3:27If we, if we accept the fact that uncertainty, overall
- 3:32uncertainty and lack of trust is one of the major drivers for the
- 3:37gold price and the silver price going forward.
- 3:40Do you do you suspect that in the next year, the next five
- 3:44years that there's going to be a big breakout of trust in a good
- 3:49like do you think countries are going to start?
- 3:50No, right. The trend that we are moving
- 3:53toward right now is one that fosters more and more
- 3:56uncertainty. OK.
- 3:57So just hang in there often times.
- 4:01Here's another great example and then we're going to move on and
- 4:04talk about some big breaking stories.
- 4:06We got a ton to cover here, guys, OK.
- 4:08And you're going to feel better about gold and silver when we
- 4:10get when we get to the end of this.
- 4:12But, and before I forget, thank you for being with me down here
- 4:15in the basement. Seriously, it's important,
- 4:18right? Your basement dwellers.
- 4:19We are basement dwellers. We're going to be fine when it
- 4:22comes to the precious metals. We're going to be golden.
- 4:25If you don't mind me saying that, let's do it together.
- 4:28Please subscribe to the channel, give the video a thumbs up,
- 4:30leave a comment in the comment section and super chat.
- 4:33Super thanks are never, ever expected, always appreciated.
- 4:37But let's talk about the opposite reaction.
- 4:39Remember 2 weeks ago when everybody was saying, oh, the
- 4:42Chinese market is closing for New year?
- 4:44I know it's old news, no doubt about it, but there's a big
- 4:47lesson in what happened there because everybody was saying,
- 4:51oh, with the the markets closed for Chinese New Year, the Comex
- 4:54and the LBMA are going to smash the gold and silver price.
- 4:57We went on a on a limb and said we thought the price would
- 4:59actually be higher. A week later, we were right.
- 5:02The opposite occurred. So we're going to, I'm going to
- 5:05drop this point after this, but don't read too much into oh,
- 5:09silver should have gone to $150 on the war in Iran.
- 5:13Whatever the case, and we don't like war either.
- 5:15I'm going to throw that in there.
- 5:17But guys, we got to keep our focus on the long term
- 5:20fundamental reason why precious metals are valuable and I
- 5:25believe will continue to be valuable and I believe will be a
- 5:28great place. Breaking news.
- 5:31This makes things much, much bigger when it comes to
- 5:34uncertainty what's happening in the Middle East, Iran.
- 5:37I'll just read it to you here. Let's go out here we go wrong
- 5:44button. Hold on a second hold on there
- 5:47we go. Now you got it on your on your
- 5:49screen from DD Geopolitics. Huge account with almost half
- 5:54million followers on X Breaking news.
- 5:56Iranian drones have struck. This is a big deal.
- 5:59Saudi Aramco's Rastanura facility Insanity.
- 6:03Rastanura is the single largest oil export terminal on the
- 6:09planet. OK, this is big on several
- 6:12levels. It handles roughly 6.5 million
- 6:14barrels per day. Nearly 7% of the global oil
- 6:18supply flows through this one facility.
- 6:21Oil is the backbone. Oil is the lifeblood of the
- 6:25world economy. It runs on energy.
- 6:28This is a big deal, right? Because what we're seeing here
- 6:31right now is this conflict in the Middle East.
- 6:35It's not just the United States and Israel against Iran.
- 6:39Now we're seeing Iran bomb other other Gulf nations and hitting
- 6:45them where it hurts the most. Saudi Arabia lives off oil, oil
- 6:50revenues. So this could be a huge, huge
- 6:53escalation in what's going on. We are going to keep a close eye
- 6:56on it. And guys, we can't underestimate
- 6:59how huge this facility is that is being bombed by Iran in Saudi
- 7:05Arabia. Keep an eye on that.
- 7:07All right, let's go to China because we did, we had
- 7:09fireworks. We're going to talk about what
- 7:11happened in China over the weekend.
- 7:13What's happening now in China? China is the king of gold and
- 7:17silver price discovery. Now, they may not like that at
- 7:20the COMEX in the LBMA where they've had a chokehold on the
- 7:24silver and gold price for decades, but the new reality
- 7:27that we are living in right now is that China, and you can even
- 7:31throw India in there with them. They are the kinks and there's
- 7:34crazy news coming out of China about precious metals.
- 7:39We're going to go through 4 examples right now and talk
- 7:42about why this is so important. First from the Oriental ghost.
- 7:48He's been on fire today. All gold miner stocks make sure
- 7:52we got that. I'd be OK.
- 7:53All gold miner stocks hit the daily limit up today in the
- 7:57Chinese market. Major banks are experiencing a
- 8:00buying rush with the accumulated gold.
- 8:03This is just beginning because China, wait till you hear this,
- 8:08has 336 trillion trillion yuan. OK, I did the math for you in
- 8:14savings. OK, So what he's saying is China
- 8:17has massive. The Chinese people have massive.
- 8:20They actually save money in China.
- 8:22And where are they going to put it?
- 8:23Are they going to put it in currency?
- 8:24Are they going to put it in the stock market?
- 8:26Are they going to put it in bonds?
- 8:27No, Chinese people, the reason this is a big deal and there's a
- 8:31kicker on top. I'm going to tell you in a
- 8:33second, but the Chinese people love precious metals, gold and
- 8:38silver. The kicker is this, That CNÂ¥336
- 8:42trillion, that is equal to 50 trillion U.S. dollars.
- 8:49Yeah, it's they could almost pay off the United States national
- 8:53debt, which is what, 39 trillion?
- 8:57Actually, they could pay it off. Anyway.
- 8:59Let's take a look at what the prices were in the Chinese
- 9:01market over the weekend. This is the Shanghai Gold
- 9:05Exchange. In the Shanghai Futures
- 9:07Exchange, here's silver. This is their spot price on the
- 9:11Shanghai Gold Exchange that I just underlined.
- 9:13Oh, the spot price of silver overnight.
- 9:16Oh my God, I mean, Can you believe this 100, 108 dollars,
- 9:21what did we say? It was in the United States $88,
- 9:25a full $20 per oz more in the physical market.
- 9:30That's the Shanghai Gold Exchange.
- 9:31That is their spot physical market in China and it's even
- 9:35crazier because they're not and we are in a state of
- 9:39backwardation. I forgot to mention that
- 9:41earlier. China is not and I'm the
- 9:43Shanghai Futures Exchange. Silver closed at 110 dollars per
- 9:48oz and we still had a slight change in the inventories, but
- 9:53still on the Shanghai futures Exchange, the inventory, the
- 9:57vaults OK on their futures exchange only have what about 9
- 10:03million oz 309,000 kilograms. And if you multiply that by 30
- 10:09oz per kilogram, which is just a rough estimate, you come to at
- 10:13least less than or right around 10 million ounces of of silver
- 10:18backing their entire futures market.
- 10:21But wait, there's more out of China crazy news about the
- 10:25silver market. But let's talk about silver in
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- 11:09Who doesn't like looking at silver?
- 11:11Man, I tell you what, that is beautiful.
- 11:14This from First Mint was never touched by the Comex or the
- 11:18LBMA. You know, they spoof the price.
- 11:21So we could say that the silver you get from First Mint really
- 11:25truly is spoof proof. It's never been manipulated.
- 11:28No one's ever manipulated the price of that oz that I just
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- 11:55basement dweller community. Let's go back to China.
- 11:58We got more to talk about in China.
- 12:00It's it really truly never ends. Another one from the Oriental
- 12:05ghost. According to the China Finance
- 12:07and Economics Association, due to the rapid rise in the prices,
- 12:12many physical gold sales stores across China have stopped
- 12:17selling investment gold bars. They shut their doors.
- 12:21We heard about this from Thailand over the weekend.
- 12:24This happened as well. And only craft gold bars are
- 12:27sold at the equivalent of $6300 per oz.
- 12:33Guys, what this tells us is that there is a physical rush for
- 12:38people to get their hands on silver.
- 12:40But wait, there's more. One more from the Oriental Ghost
- 12:44this just then and there's a reason why this is huge.
- 12:47OK, so we just heard about their retail level cells, but that
- 12:51shops sorry. But now the Oriental Ghost tells
- 12:54us just in China's largest e-commerce platformjd.com, that
- 13:01is the Chinese Amazon.com, the equivalent of our Amazon.com
- 13:06China Gold stores on jd.com number one in China have been
- 13:11adjusted to the equivalent of $5574 per oz.
- 13:17The physical price of gold and silver is what the price is.
- 13:24Welcome to the new reality of silver and gold.
- 13:27Imagine that we have a special message to go out to our friends
- 13:31at the COMEX and the LBMA. Imagine just, I know it's mind
- 13:36blowing to those people at the COMEX, but imagine that the
- 13:40actual physical price of the metal is becoming what the
- 13:44actual value and price of the metal is.
- 13:47It's happening right now guys, and it's happening everywhere in
- 13:51the world and it's even beginning to happen here in the
- 13:54United States. One more piece of news out of
- 13:56China and it just keeps on going.
- 14:01OK, here we go. The COMEX isn't the only
- 14:04exchange that's breaking this morning in China.
- 14:10Jing Dong Finance and Zeshang Bank just hit the kill switch.
- 14:17The kill switch. Retail investors are being
- 14:20locked out as gold surges past the CNÂ¥1141.00 per gram.
- 14:28You can't log in because there isn't enough physical metal to
- 14:32back the digital accumulation promises.
- 14:36Guys, it's happening. We are, we are living through
- 14:40right now historic times on a worldwide geopolitical basis, on
- 14:44a worldwide financial basis. We got more debt than anything
- 14:47in the world. But but the important thing that
- 14:50we want to feel and knows it and you don't realize here's here's
- 14:53the here's here's the reality of the situation.
- 14:57You don't realize you're in historic times until after
- 15:02you've gone through those historic times.
- 15:04Right now, this just all kind of feels real.
- 15:07But trust me, five years, 10 years from now, we're going to
- 15:10look back at right now and realize that we are living
- 15:13through history and we're doing it together down here in the
- 15:16basement. And what a big honor it is.
- 15:19Don't forget, please subscribe. It's free.
- 15:21All right, let's move on. What about what about JP Morgan?
- 15:25What about the big banks, huh? Well, let's, let's talk about
- 15:29what JP Morgan says is happening right now.
- 15:32That JP Morgan now the ones who are the, let's say, dominant
- 15:36force and pricing metals at the paper exchange here in the
- 15:40United States of America. But they've got something
- 15:43interesting, a bit of a warning to don't forget.
- 15:45We have Robert Kiyosaki with a good warning coming up in a
- 15:48little bit. Here's an article from Yahoo
- 15:53Finance. Gold touches $5400 is demand for
- 15:57safe haven asset jumps amid the Iran cotton claim.
- 16:02Price kind of going down today. Yeah, I already did.
- 16:06OK. Yep.
- 16:07Yep. You got it.
- 16:10You're OK. Thank you.
- 16:11That's upstairs. Susie chiming in.
- 16:13Yes, we we will talk more about why the price of the metals is
- 16:18going down, which is not a big deal guys, it's not OK, trust me
- 16:23JP Morgan analyst expect a risk premium jump in gold prices in
- 16:28the near term of more than 5 to 10% in the aftermath of the US
- 16:33Israel strikes on Iran over the weekend and counter attacks in
- 16:37the region. Two key things we want to talk
- 16:39about. However, those geopolitical
- 16:41price spikes quote can be sharp but hard to sustain.
- 16:46We talked about that and, and, and that's what Susie upstairs.
- 16:49Susie, I'll talk about it now, OK?
- 16:52Because it, this is very important.
- 16:54Gains could reverse if the conflict eases or equity market
- 17:00losses prompt investors to sell assets to cover losses or raise
- 17:05cash. I'm going to bring you back face
- 17:06to face here in a second. But what they're talking about,
- 17:09OK, is #1 here's the big people say, why is gold?
- 17:13People buy the rumor, sell the fact, okay?
- 17:16That's what happened with the Chinese New Year thing, right?
- 17:18People? A lot of times the opposite
- 17:21occurs. Okay, look, gold and silver are
- 17:25the smartest markets in the world.
- 17:27They probably foresaw what was going to occur in the Middle
- 17:31East, OK, Now that it's happening, it's normal.
- 17:33We're getting a little bit of a pullback, OK.
- 17:36We could be seeing some some signals that the conflict is
- 17:40easing. I don't think that's the case.
- 17:42We could also have people just liquidating everything.
- 17:46The equity markets were down earlier today a lot of times,
- 17:50right? It's it's been changing lately,
- 17:52but a lot of times people will just kind of do a sell
- 17:55everything and raise money and no better way to raise money
- 17:59than with the the gold and silver price here.
- 18:02Oh, I forgot to show you this earlier.
- 18:04Let's go out to silver and let's do a quick UPS come back a
- 18:08little bit. OK guys, this is a one year
- 18:12chart of silver. See that right there one year.
- 18:15This is the comex price. This is the may contract.
- 18:19I circled that in the upper left corner.
- 18:22This is where we are right now, $87.87.
- 18:27This is where we were one year ago, approximately 32.
- 18:33I'll draw it for you, $32 per oz.
- 18:38We have had a spectacular run in the silver price.
- 18:42We got to remember there's a lot of factors at play when it comes
- 18:46to the silver market. Like JP Morgan just said, with
- 18:49gold and silver, we could have an easing in the conflict and
- 18:53Iran, OK, we'll, we'll see how that how that all plays out.
- 18:57We can have people liquidating their positions, OK.
- 19:00But one of the biggest things to remember is that the metals
- 19:04markets, in particular the silver markets, are volatile by
- 19:08nature, OK? The volatility that we
- 19:11experience in the silver market is a feature, not a bug, not a
- 19:16problem. Volatility doesn't just go up
- 19:19and it doesn't just go down. It goes both ways.
- 19:22So when you strip out the volatility and you think about
- 19:25the fundamental reason I'm going to focus on silver, that we own
- 19:29silver, right? That it's the original form of
- 19:32money. It was used as money any before
- 19:33gold. It is the world's original
- 19:37reserve currency and still is. It never went away.
- 19:41It's seen all types of Fiat currencies come and go over the
- 19:45years. But wait, there's more.
- 19:47There's a bonus kicker, right? Because not only is silver and
- 19:50I'm focusing, but this is true for gold as well, the world
- 19:53reserve currency. But that monetary component is
- 19:57now has a turbo button on it, with silver in particular,
- 20:01because silver is the world's big.
- 20:03Biggest energy metal ever, right?
- 20:06It's everything. It's the world's most conductive
- 20:08of electricity. It's it's everywhere.
- 20:10It's the future. So we're OK.
- 20:13Volatility will happen. That's what I believe.
- 20:17I'm not a financial advisor, don't make any financial
- 20:20decisions based on what I'm saying, but that's what I see
- 20:23happening. And we've got mayhem in the
- 20:24world going. We're going to bounce all over
- 20:27the place and we are going to get the Kiyosaki.
- 20:29But look at this. I mean, think about what's
- 20:31happening right now. Dubai is one of the world's by
- 20:35far. Hold on one second.
- 20:39Here we go. Yep, Dubai is, is one of the
- 20:42world's major, major major. We don't talk about it enough.
- 20:46We talk about China, the COMEX in the LBMA, but Dubai and
- 20:50actually some of you basement dwellers have called me out on
- 20:52this. I don't talk about it enough.
- 20:54I apologize. I'm doing the best I can, but
- 20:57Dubai is by far one of the world's biggest precious metals
- 21:02hubs in here, right with what is going on right now from Reuters.
- 21:06Dubai gold flows, curved silver flows also, my friend, as
- 21:10flights halted due to US Israeli strikes on Iran.
- 21:15And I just want to read this one sentence.
- 21:17Dubai's trading hub is in. This is from Reuters is a major
- 21:21gold supplier to Switzerland, Hong Kong and India.
- 21:26A major consumer gold travels by plane due to security and
- 21:32insurance issues stemming from its value to weight ratio.
- 21:36OK, now on top of that, there's so much going going on right
- 21:40now. Look, guys, I'm telling you, we
- 21:43had a major change over the weekend that I noticed myself
- 21:47and then I saw an actual article that pointed this out.
- 21:51Tokenization of gold and silver will be the major driver, OK of
- 21:58demand, one of one of the but one of the most underestimated,
- 22:03underappreciated future drivers of major demand for gold and
- 22:08silver over the next 5 to 10 years like you've never seen
- 22:12before. You don't have to like
- 22:14tokenization. You don't have to like crypto.
- 22:17That's besides the point. The, the fact is that if you
- 22:21like gold and silver and you want to see the price go up,
- 22:25this is great, great news. OK.
- 22:27And it's being recognized now. And something major changed over
- 22:32the weekend. And what that was, was people
- 22:35were going and looking at the price of tokenized gold.
- 22:39There's a company called Tether that has a product called XAUT.
- 22:43It's tokenized gold. 1 token is equal to 1 ounce of real
- 22:47physical gold in a real vault in a real country called in
- 22:52Switzerland. It's backed up 100%.
- 22:54It's audited. Tether has become the world's
- 22:57largest buyer of gold besides central banks.
- 23:00But what happened this weekend was that for the first time I
- 23:04saw massive numbers of people looking at this tokenized gold
- 23:08product XAUT. Remember, each one token is
- 23:12equal to 1 ounce of gold to get the up-to-the-minute price in
- 23:15gold. And it's a big, big deal and a
- 23:18big change. And the same thing I believe is
- 23:22going to happen with silver as more and more tokenized silver,
- 23:26These, these, the, it's, it's the, the companies that are
- 23:29making these products. It's their absolute requirement
- 23:35that they prove to people that these tokens are backed up 100%
- 23:38by the metal. So it is there, right?
- 23:41And, and now people and it's tradable 24 hours a day.
- 23:44We're going to get to the article.
- 23:45Let's go there right now, because it points out some very
- 23:49interesting information. Uh oh, here we go.
- 23:54This came from coin market cap, tokenized gold controls the
- 23:58weekend price discovery, says Theo CIO.
- 24:02Basically this first paragraph says that yeah, like you know,
- 24:05the western, the comex and the LBMA, they stopped trading on
- 24:09Friday night and they don't start trading again till Sunday.
- 24:12So in the past everybody was in the dark about what the actual
- 24:15gold and silver price was. What he points out is the
- 24:19private over the counter trades in Asia, Asia, there's some of
- 24:22that, but basically what that leaves is tokenized gold assets
- 24:26like the other ones called PAX G&XAUT as among the only
- 24:31continuously traded 24 hours a day, seven days a week.
- 24:35Publicly visible instruments tied to gold prices over the
- 24:38weekend. Quote.
- 24:40In terms of publicly visible price formation on chain markets
- 24:45are responsible for virtually 100% of the weekend price
- 24:50discovery. This is a guy named Loppy.
- 24:52Here he is. I forgot to tell you who Loppy
- 24:54is. This is Iggy Loppy.
- 24:57Interesting name, former chief investment officer at Credit
- 25:02Suisse, OK. And currently the CIO of at
- 25:06liquidity infrastructure firm Theo.
- 25:08This guy was a chief investment officer at Credit Suisse, OK.
- 25:13He's telling us that tokenized gold has taken over the weekend
- 25:18pricing mechanism. He added the price movement on
- 25:21blockchain markets during the weekend are frequently reflected
- 25:25when the CME right. The Chicago Mercantile Exchange,
- 25:29who owns the Nymex, who runs the COMEX, resumes on Sunday
- 25:33evening. Here's where it gets even.
- 25:36This is proof right that this is taking off.
- 25:39The shift is occurring alongside rapid growth in the tokenized
- 25:43gold sector. The combined market cap of
- 25:45tokenized gold expanded from approximately 1.6 billion to 4.4
- 25:52billion just over the last year. That's almost a 180% increase
- 25:58that outpaced both the broader gold market and most major Spot
- 26:04gold ETF. Yes, the number of holders
- 26:07nearly tripled, adding more than 115,000 new wallets.
- 26:13Guys, it is growing like crazy. Again, you don't have to like or
- 26:17dislike tokenization, crypto, any of that.
- 26:20But the fact remains that these companies have tokenized gold
- 26:24that is backed 100% by real gold and it's growing like crazy.
- 26:28OK, the number of people holding these products tripled, right?
- 26:33And the amount of money in the the products went up at a crazy
- 26:37amount as well. Let's go check out the big
- 26:39banks. The big banks have some good big
- 26:42news when it comes to gold and silver.
- 26:45We're going to talk about that. We're going to hear what Robert
- 26:47Kiyosaki says, Silver slingshot, silver book book.
- 26:54We're in good shape when it comes to silver.
- 26:56I do want to say thank you to channel sponsor First Mining
- 26:59Gold. They've sponsored my channel for
- 27:01years, but I've owned their stock for an even longer time.
- 27:05Remember, I'm not a financial advisor.
- 27:08Always do your own research, all that good stuff.
- 27:10But I like first Mining Gold because they have two huge
- 27:14development stage gold projects in Canada.
- 27:18OK, Spring Pull in Ontario and Du Parquet located in Quebec,
- 27:23each of which separately have millions of Oz of gold in the
- 27:27ground. In Canada, big major gold
- 27:31projects in good jurisdictions are becoming increasingly scarce
- 27:37and our friends at First Mining Gold have two of them.
- 27:39They also have a third project with around 1,000,000 ounces of
- 27:42gold in the ground that's called Cameron.
- 27:44You can learn more about the company at firstmininggold.com.
- 27:47Now we're going to learn about what the big banks are saying
- 27:50and this and there's and this comes this.
- 27:52Oh hell, let's just go do it, man.
- 27:56I love when you guys join me down in the basement.
- 27:58I'm the luckiest guy on the planet.
- 28:00Thank you for being here. Lark Davis?
- 28:02Who's Lark Davis? Well, he's got 1.4 million
- 28:07followers on X yes, that's 1.4. He's an entrepreneur and a
- 28:13Bitcoin investor. Interesting.
- 28:15So he's got massive following. He's a crypto guy and he's
- 28:18talking about gold and what he's saying about gold and when he's
- 28:21telling us the banks are saying is music to our ears, $6000 gold
- 28:26price target incoming. Bank of America now forecast
- 28:30gold hitting 6K per oz within the next 12 months, driven by
- 28:34Fed policy uncertainty, fiscal deficits and low investor
- 28:38allocations, and an increasing amount of uncertainty in our
- 28:41world and a lack of trust. I don't know if you saw this the
- 28:45other day, but this is crazy. Hold on, we're going to come
- 28:47back to this. Uncertainty is a massive driver.
- 28:52Lack of trust is a massive driver for the precious metals.
- 28:56And there was a big report that came out from Zero Hedge.
- 28:59I looked at it earlier today. In 1964, seventy 7% of Americans
- 29:05said they trusted their government, 77%, OK, they asked.
- 29:12In 2025, October, they asked the same exact question to the
- 29:16American public in the amount of people that trusted their
- 29:20government today versus 1964 dropped from 77% all the way
- 29:28down to 17%. I had to tell you that before I
- 29:32forgot, right? There's a lack of trust in the
- 29:34world. And when there's a lack of
- 29:35trust, guys, right, people don't trust things like paper money.
- 29:39People don't trust things like promises or faith and confidence
- 29:43or any of that stuff. No, they trust what's been
- 29:46trustworthy and with which there is no counterparty risk for
- 29:51thousands of years. And that would be gold and
- 29:53silver. Let's go back and hear what more
- 29:54of those banks said, and then we're going to talk about Robert
- 29:57Kiyosaki. All right, Do I have it up?
- 30:00Yes, hold on here. OK, so it's not just Bank of
- 30:03America, but what's this guy's name?
- 30:06I forget Lark. I like that name, Lark.
- 30:08Lark also said, and he told this to his 1.5 million followers,
- 30:13that other banks are even more bullish.
- 30:15JP Morgan says 6300 by year end 2026, while UBS, the giant Swiss
- 30:22bank, well, they're a little bit lower.
- 30:24It's 6200 with an upside scenario of 7200.
- 30:28Where do you think that puts silver?
- 30:32Look, we, we talked mostly about silver on this channel, but we
- 30:35also pay close attention to gold.
- 30:37Why? Because gold is the granddaddy
- 30:41of all the precious metals. And as gold continues its March
- 30:45higher, it will bring silver with it.
- 30:48And could that happen in a slingshot manner?
- 30:51Let's hear what our good friend Robert Kiyosaki has to say.
- 30:54But don't forget, I want to say thank you to a company I'm
- 30:57affiliated with, Dirty Man Safe Company.
- 31:00OK, if you have something precious that you want to store
- 31:04and maybe you've got a fireproof safe, maybe you have a safety
- 31:06deposit box, maybe you hide things in the rafters.
- 31:09I don't know, none of my business.
- 31:10But you bury these in the ground at a, in a location that only
- 31:15you and maybe one other person know about.
- 31:17It's the way that pirates, it's the way the treasures have been
- 31:20kept safe for thousands of years, safe from fire, flood,
- 31:23all that stuff. Remember the Los Angeles fires,
- 31:25a lot of people that thought they had quote, UN quote,
- 31:28fireproof safes discovered they weren't quite fireproof.
- 31:31When you've got stuff in the ground and you bury these in the
- 31:33ground, right, there's one right there hanging from the ceiling
- 31:38anyway, they're safe from all forms of natural disaster.
- 31:41Those people in Los Angeles, if they've had, if they've had a
- 31:44dirty man safe, right? Whatever they had in their quote
- 31:47UN quote, fireproof safes that may have been destroyed would
- 31:50have been kept safe. Anyway, these things open,
- 31:53excuse me, super cool. At the bottom, you put whatever
- 31:57you want inside there. I've got a you.
- 31:59You can put whatever you want in there.
- 32:01I'm not going to ask questions. You seal it up.
- 32:04There's a there's a sleeve that comes with it and a cap.
- 32:07These things are very robust. Oh, I almost forgot
- 32:10dirtyman.com. Ron 10.
- 32:13See that? Ron 10 and you'll get a 10%
- 32:16discount and you might just get another little special gift as
- 32:19well. OK, let's go to Kiyosaki.
- 32:21Slingshot move. OK, this is this is short and
- 32:25this is powerful, but Robert Kiyosaki commands a lot of
- 32:29attention out there and here's what he had to say.
- 32:33He says gold was booming. This is 2O clock in the morning,
- 32:36up $128.00 in one day. Better news is silver and he
- 32:41says Bitcoin. All right, up to you.
- 32:43Whether you believe in Bitcoin or not, are about ready to blast
- 32:47off. Hang on.
- 32:49And why is he saying that? He's saying that because silver
- 32:53is do for a sling shot move, OK, whatever gold does as we move
- 33:00into the next year or two, it's, you know, like a slingshot, it's
- 33:03like gold will be moving and as it pulls silver with it.
- 33:06But then we're going to have what's referred to as a
- 33:09slingshot move because we will likely see a gold to silver
- 33:14ratio that approaches 20 within the next two years.
- 33:18I believe that to be absolutely the case when we look at
- 33:22everything going on and right now in the world, a level of
- 33:26uncertainty like we've never experienced before
- 33:30geopolitically. And then you layer on top of
- 33:33people don't trust each other and they don't trust each other.
- 33:37They go to what they do trust in here.
- 33:39Here's a shining example of what they do trust.
- 33:42Silver, OK. And on top of that, take a step
- 33:47back and think about this. We are in a financial situation
- 33:51in the world right now, over $300 trillion in debt.
- 33:56Central banks around the world are printing money, devaluing
- 34:00Fiat currencies like never, ever before.
- 34:03We are going to have a slingshot move and silver, that's what I
- 34:07believe. Again, I don't have a crystal
- 34:09ball, but I'm mostly right most of the time.
- 34:12And I think that we could be in for silver, silver prices that
- 34:16are unimaginable. We know Michael Oliver, he's
- 34:19talking about 3 to $500 silver before summertime.
- 34:24I'll tell you what, basement dwellers, if he's even half
- 34:27right, we are going to have a major, major party.
- 34:30Our old friend right there, Smitty, the silver bear, he's
- 34:33going to be like those Grateful Dead bears, you know, dancing
- 34:36around. But this is all within the real
- 34:39realm of possibility, these things.
- 34:42Here's the thing. Silver and gold, all right?
- 34:45Since they've been around for several thousand years, they've
- 34:48seen all this crap. Excuse my language.
- 34:51They've seen all this stuff many, many, many times before.
- 34:56OK, OK. Thank you.
- 35:04There's upstairs Susie. For those of you who are new.
- 35:06That's my lovely wife upstairs Susie, who says hello.
- 35:09Give her a high 5. High 5 for upstairs Susie, but
- 35:14we've almost got a 400 thumbs up.
- 35:16Please give this a thumbs up. I will ring the Golden Dawn 4
- 35:19times. But guys, that the setup that we
- 35:22are in right now is really, really like nothing but oh,
- 35:26here's what I was saying. Think about this.
- 35:29There's a reason why this is so important.
- 35:32Silver and gold are the world's original reserve currencies.
- 35:39OK, I know you. How long have you been alive?
- 35:41I've been alive 55 years. This thing, right?
- 35:45I'm brainwashed. I'll fully admit it, right?
- 35:48I still think this has value. But if we take a step back and
- 35:52think about it, OK, for the last I'm 55 For the last 55 years,
- 35:56this has had some value to it. It was worth a lot more.
- 35:59In 19801975, my mom and dad gave me one of these.
- 36:03I was excited. Now it's kind of like a buck.
- 36:05Whatever. OK.
- 36:06But the point is silver and gold have been valuable for those
- 36:11thousands and thousands of years.
- 36:13Silver and gold have seen hundreds and hundreds of these
- 36:17Fiat currencies come and go, bye bye during that period.
- 36:22OK, OK, So the battle that's going on right now between the
- 36:27precious metals in the world Fiat currencies is 1 The gold
- 36:31and silver. It's a fight they've been in
- 36:34multiple, multiple times. And guess what?
- 36:36Gold and silver have a perfect record.
- 36:38Now, I love my country. I really loved what the founding
- 36:42fathers set forth. And I'm sure you did as well,
- 36:44right? The gold and silver, they didn't
- 36:46like central banks. They put, excuse me, gold and
- 36:49silver in the United States Constitution because they knew.
- 36:55So hang in there. I'm going to run out real quick.
- 36:58Hey, hey, hey. And say thank you.
- 37:00Wow. Wow.
- 37:02I got a super chat from Miss P. Thank you.
- 37:06I'm going to put you up. You're going to be famous on the
- 37:07Internet. Thank you, Miss P.
- 37:10Right. Did I get that right?
- 37:11Sorry. My eyes aren't good.
- 37:12Thank you. Thank you.
- 37:13I'm going to ring the golden gong.
- 37:14We're going to do it four times. OK.
- 37:23That brings good luck to the precious metals prices, guys.
- 37:27Volatility is part of the ride. We aren't even going to look at
- 37:31the price right now. We'll look at the price we're a
- 37:34year from now, OK? Of course, we'll keep a check on
- 37:37things right on a day by day basis.
- 37:39But what we really need to remember is that as we move
- 37:43forward, right as we go through these what will be choppy seas
- 37:48at times for precious metals, that the fundamental story
- 37:51remains intact, that you joined us down here today.
- 37:54Please don't forget, subscribe to the channel, give it a thumbs
- 37:57up, share it with everybody. Let's get the word out to more
- 38:00and more people. The people that are still
- 38:02getting into precious metals now are still early.
- 38:05You were way ahead of the curve. And it's been a great honor to
- 38:09spend this time with you. I'll see you next time.
- 38:12Take care. I'll see you.
- 38:13And yes, I see you. I'll see you soon.