Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / Transformative Discovery ROCKS Silver... and Automotive Sectors

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Transformative Discovery ROCKS Silver... and Automotive Sectors · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:03
  There is an unbelievable story when it comes to future demand
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  for silver, whether you're talking about electronics,
• 0:11
  solar, wind, electric cars. But is there breaking news right
• 0:17
  now? A new source of demand, A change
• 0:21
  in technology that could result in a massive increase in silver
• 0:25
  demand as we head into the coming decades.
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  Today, we are fortunate to be joined by Mr. John Little.
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  I like to call him the Ron's Basement Silver Guru.
• 0:36
  I don't know if he'll enjoy that or not, but nonetheless, he's a
• 0:41
  writer. He's done years of research on
• 0:43
  silver. You can check out his work at
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  the Silver Industry substack.com.
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  I'll let him tell you more about that.
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  But without further ado, John, welcome to Ron's Basement.
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  Hey, it's my honor to be banished in the basement along
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  with you where we belong. So that's right where we where
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  we belong. So there's this crazy story
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  about silver demand, right? So like we talked about solar,
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  we've covered it all. And I know you write extensively
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  about all of these subjects, but what's this new source of demand
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  that I think all silver stackers, silver investors
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  should be paying close attention to?
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  Well, we know there's a lot of attention about the transition
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  and net zero, and we've all agreed that there's probably
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  going to be a mix of some clean energy, some gas, some nuclear,
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  even coal, but with cars. You can't turn on the television
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  today. I would say 70% of the ads are
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  promoting electric vehicles. But the problem with an electric
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  vehicle is the time it takes to recharge the battery and the
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  expense of the batteries. We're just not sure that the
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  lithium ion battery is that good of a battery, especially
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  compared to a silver, zinc battery.
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  And I'll give you an example. During the Hurricanes in
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  Florida, when moisture interacts with a lithium ion battery, they
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  explode. That's why in a submarine you
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  only see silver zinc batteries. Another way of saying silver's
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  superior to the other metals for its coned connectivity and
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  thermal properties. So hydrogen fuel cell is even a
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  step above the electric vehicle because of quick refueling.
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  We're talking Minutes. And compared to sometimes ours
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  for an electric vehicle, you have an extended driving range.
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  You have high torque, which means, you know, when you step
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  on that gas, you're going to accelerate more, so higher
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  speed. And then they're super quiet,
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  you know, and the first time I was in an electric car, I'm
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  like, you know, this is comfortable.
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  It's just a quiet ride. But these are even quieter.
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  And then the emissions just vapor and much smaller thermal
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  signature but the. Obstacle in the marketplace was
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  the price, and the price was linked to the fact that they
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  were using platinum. Now platinum is about $1000 an
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  ounce, Silver is about $23.00 an ounce.
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  So silver is 98 times cheaper than platinum.
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  So now we've got Silver solving the problem, and you're going to
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  see. Oh, by the way, that's the
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  Silver industry.substack.com. Not to be nitpicking or anything
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  about it. So in the latest article, it was
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  just pinned yesterday by me. We get into how all of the big
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  manufacturers, Honda, Toyota, Hyundai, Volkswagen, even GM,
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  they're all in on these fuel cell cars because of these
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  physical characteristics. You know the.
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  Who doesn't want to have at the same price of an electric the
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  extended driving range in the quick refuelling time?
• 4:10
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• 4:14
  a favor and check out PIM Becks, the online precious metals
• 4:18
  bullion dealer and sponsor of Ron's Basement.
• 4:21
  I was a happy customer before they offered to support the
• 4:25
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• 4:27
  prices, quality and service. I think Pembex is best and you
• 4:32
  will too. And be sure to tell them that
• 4:35
  you're from Ron's basement. I want to circle back to
• 4:37
  something you started with talking about electric cars and
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  I have a question for you. Would another benefit to the
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  hydrogen fuel cell be that if you need to generate electricity
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  to charge an electric car, often times that electricity is
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  generated with fossil fuels, whereas the hydrogen fuel cell
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  it's an independent system within the car.
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  Is that accurate? Yeah, it's just another.
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  It's an emerging source of energy and not just for cars,
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  but we're looking at heavy duty machinery like you know, earth
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  movers because of the torque it can actually the payloads are
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  amazing and heating for homes too.
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  So it's this is going to be a game changer, just like.
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  I liken it to when we stopped. You see those pictures of the
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  pioneer women having to chop wood to cook you know or men
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  chopping down trees to for the steam.
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  Now that was basically coal you know then coal replaced chopping
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  down wood. Then the internal cut and bust
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  an engine replaces the steam powered engine.
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  So I'd say we're almost at one of those sorts of now I don't
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  have a degree in. Engineering energy, but I know a
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  little bit about it. So I would say this is a game
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  changer. And the fact that silver usually
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  people say in technologies, well we're going to use copper now
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  instead of silver even in solar, there's been discussions about
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  that. But then they sort of admit that
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  these aren't very good performing solar panels compared
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  to the silver load. So they end up reverting back to
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  the design that used calls out silver.
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  So in this case, if silver comes in 98 times cheaper than
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  platinum, and actually in the article you'll see where the
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  chemical mix is less sophisticated, making it easier
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  to manufacture so without sacrificing any of the
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  performance characteristics or physical characteristics.
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  All it's like equal for equal yet 98 times cheaper.
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  So this is very bullish for silver, silver mining and silver
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  stackers too because where are we going to get the silver right
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  now As we know, the data by the Silver Institute, a great group
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  of people doing this research we all need, shows these monstrous
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  deficits year over year in the millions of Oz.
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  So and each day I'm publishing a new.
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  Piece on trains, on robots, on satellites, aerospace, military.
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  I just don't see where we're going to get this silver.
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  So, so so the so the the game changing component of this
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  hydrogen fuel cell situation is that and this has just been
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  coming out in the in this week, in the last few days is that
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  they've they've discovered there's a new discovery a way to
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  substitute silver for the platinum that had previously
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  been used to create these hydrogen fuel cells And and and
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  that this technology really has the ability and has some real
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  material benefits even when compared to electric cars.
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  Is that is that a safe statement?
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  First, Mining Gold is a development company advancing
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  two of the largest gold projects in Canada, Spring Pole in
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  Ontario and Duparque, located in Quebec.
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  Each already has 5 million ounces of gold reserves, but
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  exploration initiatives are underway at both projects to
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  find even more gold. First, Mining is well financed,
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  has zero debt and owns an interest in four additional
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  Canadian Gold development projects.
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  If you were to look at Honda's marketing material, they'll show
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  that they're stopped. They're almost phasing out
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  internal combustion. And then the next phase is they
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  go to the more manufacturing emphasis on hybrid vehicles and
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  then a traditional just 100% electric for the 0 emission
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  technology. And above that in terms of their
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  production schedule starting in about next year is what they're
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  calling the Clarity Fuel Cell. So it's just going along the
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  evolution. We're gonna, I think the
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  traditional electric vehicle is gonna be the the Dodo bird
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  dinosaur. But you know and when and when
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  you think about electric cars it takes a long time to charge
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  them. They use a tremendous amount of
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  critical minerals and their battery composition And and I
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  wanna come back to this, I think it's important to remember too
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  that that, you know, unless you have solar panels on your roof
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  that you're using to generate electricity to charge your car,
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  if you're a typical suburbanite in a large city, that
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  electricity that's being used to generate your car is likely
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  being generated by the burning of fossil fuels.
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  And. And I want to go back to this
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  idea that the hydrogen car doesn't require that burning of
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  any, any fossil fuels. Is that is that what you think?
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  I'm not saying. I don't think I'm going to say
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  that because I need to. I'm writing out my articles
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  focused on silver substituting for platinum and hydrogen being
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  less charging time, more torque, more speed, more range.
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  So you know, anytime you start, I'll give you an example there,
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  the recent scientific discovery where.
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  Allegedly they were able to ZAP some fusion and get more energy
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  out of it. Then allegedly they put in, but
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  they forgot to calculate this sort of burning of fossil fuels
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  from the grid that went into the zapping.
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  So it's it's like what you just said.
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  When we see the guy driving around his Tesla, we got to
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  remember that it it was most likely a coal burning power
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  plant that fed the energy grid in most in most jurisdictions.
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  So I'm not going to go as far to say that this is doesn't have a
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  fossil fuel equipment, almost everything does.
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  There is no way. There is no perpetual motion
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  machine, just like nuclear energy to build a nuclear plant.
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  We're talking look how much steel you got to put in there,
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  look at how much concrete you got to put in there.
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  All of that takes an enormous amount of fossil fuel just like
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  when you mine for silver and gold.
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  That's one thing comfortable to me about holding gold and silver
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  is knowing that all that diesel and fossil fuel that goes in to
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  mining, it puts a floor underneath the price of silver
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  and gold because the all in sustaining cost of mining.
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  Is very close to the spot price now for silver it's about 22
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  bucks and I think Steve Saint Angelo just pinned a piece last
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  week that the top 10s with the exception of Fortuna, most of
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  them were right in right at that floor of because of because of
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  diesel and labour. It's it's certainly interesting
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  as we head into this next decade with the green energy
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  revolution, how that will play with the silver market and the
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  other precious metals markets. I want to remind our viewers if
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  you want to read more of John's writing he puts out a piece
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  almost every day feels like always focused on an interesting
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  component to the silver market. You can check that out at the
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  silver industry.substack.com Did I get it right that time And and
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  I and you know what I'll even put a correct link in the
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  description of this video. John, on behalf of all of our
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  viewers, you know you've come back to the to the basement here
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  several times. Thank you so much.
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  You're a wealth of knowledge and you know the fact that you'll
• 13:06
  spend some time with us here in the basement and share that is
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  is greatly appreciated. Well, no, it's totally vice
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  versa. I mean, it's my honor and I'd
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  love. I'm one of your basement
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  dwellers. Let me just say that you're
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  always welcome here. Again, on behalf of everyone,
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  thank you and we'll look forward to seeing you next time.
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  And everybody buy the dip. Buy the dip.
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  Just keep dollar cost averaging into your silver positions.
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  That's right. See you, John.
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  Thank you. Thank you.
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  You are a big deal. And it's a big deal to me that
• 13:43
  you have decided to join me here in the basement.
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  If you want to come back, if you want a new piece of content
• 13:51
  focused on the silver and gold market every single day, I'm
• 13:55
  going to put out new video once a day for the rest of my life.
• 13:59
  Please subscribe to Ron's Basement.
• 14:01
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• 14:05
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• 14:08
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