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🚨 Robert Kiyosaki WARNING!: YOU Best LISTEN to This - Silver & Gold price news update · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

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