Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Robert Kiyosaki Warns: YOU Best LISTEN to This - Silver & Gold price news update
Transcript
- 0:00Silver and gold history are being written right now.
- 0:04We're going to talk about major developments in the precious
- 0:07metals markets. We're going to focus in on
- 0:09silver in the developing squeeze that we have right now.
- 0:14Where will the price of silver be in one week?
- 0:16I'll tell you at the end of this video, but also, we have two of
- 0:20the biggest names in the financial world talking about
- 0:24silver in particular. And a big warning that could be
- 0:28good news for you if you hold the shiny white metal.
- 0:32But the most important thing is thank you.
- 0:34Yeah, you for being here. This is not possible without
- 0:38your support, without your participation.
- 0:40So it's a big deal when you join me down here in the basement.
- 0:43I hope you found like a community, a little home away
- 0:46from home where we love to talk. We love to develop
- 0:49relationships. Talk about silver and gold,
- 0:52please. All I ask is subscribe to the
- 0:54channel. I'll give you my sad eye look.
- 0:57That's the last time I'll ask you till the end of the video.
- 1:00Let's talk about Robert Kiyosaki, who puts out another
- 1:04massive warning, not just about the precious metals markets, but
- 1:08about the market in general that we need to listen to.
- 1:12Sorry guys, we're having some technical static come through.
- 1:15Let's get to that first. But he does say something very
- 1:17powerful about silver. And then again, we're going to
- 1:20talk about the major development in the in the silver market that
- 1:25could be putting us into the squeeze town.
- 1:30OK, here's Robert Kiyosaki. He says this.
- 1:33And again, he's the author of Rich Dad, Poor Dad, a very
- 1:37wealthy man, very well respected.
- 1:39He has no, you know, he he puts out a lot of his opinions, but
- 1:43does it just for the good of of mankind and womankind.
- 1:47He says this reminder, I predicted the biggest crash in
- 1:51the world history was coming. That was in my book Rich dad's
- 1:55prophecy that crash will happen this year.
- 2:00Baby boom retirements are going to be wiped out.
- 2:02Many boomers will be homeless or living with their living and
- 2:06their kids base. Sad reminder.
- 2:09I've been warning anyone who would listen not to save printed
- 2:13assets, not to save paper dollars.
- 2:16Invest in real assets in yellow. Reminder, For years I've been
- 2:21saying savers are losers. Inflation.
- 2:25Inflation turns savers. I'm sorry savers cash into trash
- 2:32reminder. Here's where we get a little a
- 2:35little insight into his thoughts on silver.
- 2:38For years I've been saying buy gold, silver, Bitcoin, and
- 2:41recently Ethereum. Today I believe silver and
- 2:46Ethereum are the best because they are stores of value but
- 2:51more importantly used in industry and prices are low.
- 2:56Please study the pros and cons and usefulness of silver and
- 3:00Etherium from haters and lovers of silver and Etherium and then
- 3:05invest with their with your own financial wisdom.
- 3:09That's how you elevate your own financial intelligence and get
- 3:12richer. So what he's telling us quite
- 3:15simply and no uncertain terms, is he prefers silver right now
- 3:19to gold because not only is it a monetary metal, but of all the
- 3:25host of industrial uses, technology, solar panels,
- 3:30antimicrobial qualities, the most thermally conductive, you
- 3:34know, the whole story. The the demand profile for
- 3:37silver is increasing like crazy. And on top of that, the supply
- 3:43coming from the mines, it peaked in 2016.
- 3:47They've yet to produce more silver in any given year than
- 3:51they did in the year 2016. So supplies going down, demand
- 3:57is going up, and we haven't even seen the retail explosion in
- 4:02demand. And again, later in this video,
- 4:04we're going to talk about the squeeze and look at what the
- 4:06LBMA is saying. What's going on with the Comex?
- 4:10It is getting downright crazy at this point.
- 4:12But another big name in the financial world, a guy by the
- 4:15name of Max Keiser. This is shocking, and I'll share
- 4:19with you the reason why. But Max is talking positively
- 4:23about silver as well. If you've been around the
- 4:25precious metal sector for decades like I have, you
- 4:28remember Max Keiser is being a major, major player in the gold
- 4:33and silver markets. OK, But I don't know, eight
- 4:37years ago or so he changed completely to crypto and
- 4:41Bitcoin. And you know, we'll tip our hat
- 4:44to him because he had pretty good timing on that.
- 4:47Bitcoin has gone up quite a bit, but now in a shocking move, he's
- 4:52talking very positively again and he's focused in on silver.
- 4:57Let's look at some evidence as to what's going on and then talk
- 5:00about why this is so important. This comes from our friends over
- 5:05at the Silver Academy Substack. There it is up top, Max Keiser
- 5:10reignites the silver movement in the crypto crowd is following.
- 5:15A lot of people in the world follow him.
- 5:18Let's go down here. I just want to show you some of
- 5:19his his recent tweets introducing one of the most
- 5:23influential public figures, Max Keiser.
- 5:26He tweeted this recently. Remember buy silver crashed JP
- 5:30Morgan. He coined that years back.
- 5:32Destroying the banks by buying silver is still a viable play.
- 5:39Remember the silver squeeze on Reddit years back?
- 5:41Here's some more from Max. He put out a poll about if you
- 5:44were, if you were stuck on a desert island, what would you
- 5:47want to have? U.S. dollars, Bitcoin, silver or
- 5:50gold? Those are the results of the
- 5:52poll. But then this is what Max said.
- 5:56He said having a few silver 110th wart 1/4 ounce coins in
- 6:00your pocket might save your life during the Civil War. the US
- 6:04dollar will be worthless. Gold will likely get stolen and
- 6:08not easily divisible in desperate freaks more likely to
- 6:11steal your phone than to mess around with Bitcoin, right?
- 6:15But there's more from Max. OK, he's put this out.
- 6:19All right. What stopped the crash JP Morgan
- 6:22buy silver at $50 was the LBMA. And now they are.
- 6:28This is interesting and we're going to get into this.
- 6:30They've actually came out publicly and said they are
- 6:33monitoring the tightness in the silver market.
- 6:37The reason why that is so important, guys, is that the
- 6:40LBMA is recognizing tightness in the silver market.
- 6:44That is the last thing that they want to be doing.
- 6:48We'll talk more about that later, but here is Max.
- 6:52There's Max right there. Hello, Max, Welcome back to
- 6:54Silver. OK, in a recent interview, he
- 6:58declared the 300 year Fiat experiment over and he's
- 7:02retweeting tweets from David Bateman.
- 7:05Do you know who David Bateman is?
- 7:07He, I call him the new Hunt brothers, right?
- 7:09He's the guy that has almost or maybe even more than 13 million
- 7:15ounces of silver right now and and over over 1/2 billion
- 7:21dollars worth of silver and Max is retweeting him as well.
- 7:26All right guys, do you believe I'm going to say a silver price
- 7:31$1300? I believe absolutely during my
- 7:35lifetime that I will see that I'm 55 years old.
- 7:39But we had a recent tweet. I'm going to show you this right
- 7:41now from an influencer that brought up a very, very great
- 7:48point $1300 silver. Does that sound insane and make
- 7:55sure yet we're on the right screen.
- 7:57Does that sound insane? Well, they point out so did
- 8:0220,000 Bitcoin, $2000 gold and $50 oil until it happened.
- 8:11He points out silver is finite, essential, under owned monetary
- 8:16metal in the squeeze hasn't yet even started.
- 8:20OK, this we are when we when we talk about silver.
- 8:24I jotted some notes down on this one because I feel passionate
- 8:27about it. Tell me why not was be my first
- 8:30question right. People say, oh, it could never,
- 8:31never. Silver can go to almost
- 8:34Infinity. We could see $1 million silver
- 8:37if, and I'm not predicting this and I really don't want it to
- 8:40happen, but if the US dollar would completely collapse like
- 8:45this happened to almost every other Fiat currency.
- 8:48If you take all the Fiat currencies that have ever been
- 8:51created in the history of the world, the US dollar is just a
- 8:54small little part of it. All the other ones, most all of
- 8:58the other ones ended in collapse.
- 9:00So if the US dollar collapses, I know it's hard to comprehend and
- 9:04we don't want to really don't want to see that day come, but
- 9:08eventually event. Well, I'll leave it at that.
- 9:12I'll let your, your mind imagine eventually, right?
- 9:15The, the, the, the value of silver, the price of silver
- 9:19measured in U.S. dollars could go to anything.
- 9:22So I say tell me why not? And remember, silver has been
- 9:26there all along, right? Was used as money before gold
- 9:30was silver has survived and will survive the the the ups and
- 9:35downs of the US dollar and any other unit of measure that's not
- 9:40another real asset that you want to use to measure the price of
- 9:44silver. And so so this idea of 13
- 9:48people, people say, oh, you know, like, look, two years ago
- 9:52I sat down here and talked about the prospect of $50 silver,
- 9:55$60.00 silver, $45.00 silver. Don't you don't have to listen
- 10:00to what other people say. Use your own mind and look at
- 10:03what is going on realize right? Look, I don't like it.
- 10:07I liked when this was backed by silver and backed by gold.
- 10:11Let me show you something I haven't shown for those of you
- 10:14who are new. The the reason, the big reason
- 10:17why I say that is because when you look at this specimen right
- 10:21here, let me get it so you can read it and I'm going to hold it
- 10:26real steady. But if you look at the top of
- 10:29that, right below my finger, can you read that?
- 10:32Yeah, you can read that. It says silver certificate.
- 10:36And then down here at the bottom underneath $1.00, I'm going to
- 10:40read to you what it says it says in silver.
- 10:45So this says $1.00 in silver payable to the bearer on demand.
- 10:52OK, right. It was different then this, this
- 10:55new stuff, this is the new dollar.
- 10:57They made them look exactly the same.
- 10:59This is just based on nothing paper, confidence, promises.
- 11:04I'm not even going to pull up, but you can do it yourself.
- 11:06Put the US debt clock. That's what it's based on $37.8
- 11:11trillion in U.S. debt. Let's go take a we'll look at
- 11:14it. What the heck?
- 11:15I lied to you. We're going to look at it
- 11:16anyway. Oh, give me one second here and
- 11:19I'm going to share the screen US.
- 11:21Let's just make sure they didn't pay the the national debt off
- 11:25here. This This is why silver can go
- 11:32to $1300 per oz right here guys up in the upper left hand
- 11:36corner. I'll circle it for you several
- 11:40times, 37 trillion, $857 billion.
- 11:45And if you come to this website, the US debt clock on a regular
- 11:48basis, you'll notice something very interesting occurs.
- 11:51That number continues to go up and up and up.
- 11:55OK, let's talk about the reasons why that I did share the right
- 11:59screen. There's absolute dislocation,
- 12:04absolute chaos, absolute. I would almost say I will
- 12:08speculate panic in the markets right now when it comes to
- 12:13silver between the the LBMA, excuse me, the spot market in
- 12:18London, England, the boys and girls and we're going to see one
- 12:21of the girls here in a second in London, England and the COMEX in
- 12:26the United States, right. They're hitting us right now
- 12:29with all kinds of propaganda. Well, influential news stories,
- 12:34one of them that talks about gold.
- 12:36But I want to point this out because this is what the big the
- 12:39Financial Times is, the big London newspaper.
- 12:42We're going to look at that first about gold, then we're
- 12:44going to be absolutely focused on silver.
- 12:49Hold on a second here. Here we go.
- 12:52All right, this came from Wall Street gold.
- 12:55The bankers are in panic mode. Again, the Financial Times,
- 12:59which is like the Wall Street Journal of London, just called
- 13:03gold a bubble, OK, And urged central banks to sell their
- 13:08reserves. This came from the Financial
- 13:10Times. The gold bubble should prompt
- 13:13central banks to sell their metal.
- 13:17Nice try, Financial Times. The world is a thoughtless
- 13:21prisoner of history when it treats bullion as a desirable
- 13:27store of value. Yeah, I don't know what to say
- 13:32to that one. But what I'm what I'm what I'm
- 13:34trying to demonstrate for you here today is that possibly the
- 13:38mainstream financial media in an effort to help coordinate A
- 13:43tamping down of the metals prices.
- 13:45We may see some articles coming out that are, let's say, oh, in
- 13:51my opinion only maybe not not factual when it comes to the
- 13:55precious metals, but we do have Bloomberg.
- 13:58Now let's get into the silver squeeze coming out with big
- 14:03articles and recognizing that we have massive trouble in the
- 14:08silver market. This came from Weimar silver
- 14:10Baron. This was the fourth highest
- 14:12story on Bloomberg probably would have been I was this
- 14:16morning or yesterday morning. But he says I guess people are
- 14:20buying the ETFPSLV to 'cause this since so far this year it's
- 14:26taken 20,000 London good delivery bars off the market.
- 14:31The PSLV is the Sprott physical Silver trust.
- 14:35It's A and it's from Canada. They don't call them ETSI think
- 14:40they call them ET NS. Anyway, it is 100% backed by
- 14:44real physical metal and here we go.
- 14:48This is the Bloomberg article. Silver traders are rushing bars
- 14:53to London as a historic squeeze rocks the market, says the The
- 14:58London silver market has been thrown into turmoil by a massive
- 15:02short squeeze. This is Bloomberg turmoil, short
- 15:05squeeze driving prices about $50.00 an ounce.
- 15:09For only the second time in history, benchmark prices in
- 15:12London have soared the near unprecedented, unprecedented
- 15:16levels. That's the spot market over New
- 15:19York, which is the futures market with traders describing a
- 15:23market where liquidity is almost entirely dried up.
- 15:29OK, Yeah. So that's the backwardization.
- 15:32That means that when the spot price in London is significantly
- 15:38higher than the futures price in New York, that means people are
- 15:42scrambling to get their hands on physical metal.
- 15:45The squeeze has been driven by a combination of factors,
- 15:48including a wave of investment into silver.
- 15:51I don't think we've really seen a wave yet, at least in the
- 15:53United States. And I'll tell you more about
- 15:56what I heard from my local coin shop yesterday here in a second.
- 15:59And a sudden jump in demand from India and we'll talk about that
- 16:03and a dwindling supply of available bars to trade.
- 16:08And then we had this from Yahoo Finance, a different article,
- 16:12but again from Bloomberg on Yahoo Finance.
- 16:17That said, historic silver squeeze deepens as prices soar
- 16:22in the London market. So the mainstream media is
- 16:25beginning right to to recognize what is happening right now.
- 16:30Our friend Oren the Silver Hermit shared this just to give
- 16:34you perspective on what is going on with silver backward ization.
- 16:40He says silver has entered extreme backwardization, which
- 16:44means that the spot price is traded well above the futures
- 16:47price. OK, that which is very unusual
- 16:50guys. This chart which goes back to
- 16:521998 shows you how unusual this situation is.
- 16:56It basically means that people are willing to pay extra to get
- 16:59silver now, probably because they are fear, fearful that
- 17:03there won't be any physical silver to deliver in the future.
- 17:08Ladies and gentlemen, this shows how a silver squeeze looks like.
- 17:12And again, that's from Oren Elbaz on X on Twitter.
- 17:17But let's look at this chart and check this out, OK?
- 17:23This is kind of the normal range of backwardization that we're in
- 17:29at most, right. Actually, let me that's that's
- 17:31not accurate. We're more down like in this
- 17:34area right here. OK, and here's here's the zero
- 17:39mark right here. This OK, this Yeah, I just want.
- 17:46To correct you. It's backwardation.
- 17:48It's not backwardization. OK, Thank you, sweetheart.
- 17:52That's OK. I have a habit of pronouncing
- 17:55things wrong. And upstairs Susie, my lovely
- 17:58assistant, corrected me. Backward is backward.
- 18:02Backwardation. Yeah, OK, backwardation.
- 18:04I'll still keep pronouncing it wrong like I do Vladimir Putin
- 18:08and war and everything else. But anyway, look at how backward
- 18:12look at that bar. OK, guys, this, this is historic
- 18:18what we are dealing with right now when it comes to I even
- 18:21spelled it wrong in my notes backwardation.
- 18:24Is that right? Hold on a second.
- 18:25Let's get let's get upstairs Susie on the line.
- 18:28Hey, thank you guys again for being here.
- 18:30I'm so happy you're in the basement with me.
- 18:31It's a cold and lonely basement when I'm down here by myself,
- 18:34but when you're here, I feel warm and fuzzy and silver,
- 18:38right? We're check with upstairs Susie
- 18:40in a second. But I'm going to say thank you
- 18:42to our channel sponsor. That's a 5 oz bar, a real beauty
- 18:47from First Mint. Who is right here, Right there's
- 18:50First Mint. You can look them up there, a
- 18:53silver mint in Las Vegas, NV here in the United States of
- 18:56America. They are owned by First Majestic
- 18:59Silver, Keith Newmeyer's massive silver mining company.
- 19:02So they mine the silver in Mexico, ship it to Las Vegas,
- 19:06NV, create these awesome products, and they go straight
- 19:09to you. They don't get caught up in
- 19:11backwardation it the comex in the LBMA.
- 19:17No, they never get touched. The silver you get from first
- 19:20mint right? Not only is it the freshest
- 19:22silver around because it was just dug up out of the ground in
- 19:25Mexico, but it's also completely free and clear of any of the
- 19:30Comex in the LBMA game. So you can check them out at
- 19:33first mint.com here. I'll show you their website real
- 19:36quick and there is a discount code that you can use when you
- 19:41go out to the website. Here is first met.
- 19:48Here we go. That's their Folds of Honor
- 19:50campaign. They have a Folds of Honor line
- 19:53of products. There they are right now.
- 19:55These products are super special because they support spouses and
- 20:00children of fallen and disabled members of the military and the
- 20:05first responders community. They support them with academic
- 20:08scholarships. And these are beautiful.
- 20:10They have this American flag Folds of Honor, and they've
- 20:13raised over $375,000 in funded 75 plus scholarships.
- 20:21That's first meant with these Folds of Honor products that
- 20:26they sell. And if you go up here to their
- 20:27store tab and go down to the second from the bottom, you can
- 20:31find Folds of Honor. But they've got a lot more on
- 20:34their website, all unique products.
- 20:37There's their Hail to the Chief Buffalo round, which I
- 20:40absolutely, I love all these. I have all of them.
- 20:43This is their Las Vegas round with a really cool new design.
- 20:47You can see there they have the year of the Snake round and they
- 20:51have the Year of the Dragon. And of course they've got bars,
- 20:54all kinds of products. And again, this silver comes
- 20:57directly from First Majestic silver directly from Mexico.
- 21:01And there is a discount code you can use.
- 21:06VIP, like very important person RB, like Ron's basement.
- 21:11OK, let's get into some more. The CEO of the LBMA, the London
- 21:16Bullion Market Association, things are getting hairy, OK?
- 21:20They're the ones saying that they're monitoring the
- 21:22situation. But we've got a little video
- 21:25we're going to watch here of hold on here.
- 21:29I'm getting you right to it. When she spoke previously about
- 21:35the silver squeeze, this she said here we go.
- 21:37There This is from am I sharing? Nope.
- 21:40There we go. Now you're on the right screen.
- 21:42Sorry guys. This is from Solve Nettag, who's
- 21:46a great contributor to the silver community.
- 21:48This is the CEO of the LBMA in February of 2025.
- 21:53She says this and we're going to watch her say this.
- 21:55Trying to squeeze the silver market is like trying to drain
- 22:00the ocean. Like you can't do it now, in
- 22:03October of 2025. Today with $3 backwardation, it
- 22:09is backwardation. I was pronouncing it wrong.
- 22:12We, we are actively monitoring the tightness in the silver
- 22:16market. They're getting a little uptight
- 22:18and tight at the LBMA. But let's listen to what she has
- 22:22to say. We start over at the beginning.
- 22:24This is only 40 seconds long. And again, I believe this is
- 22:27from earlier in the year. But listen to her kind of smugly
- 22:30talk like you can't squeeze the silver market.
- 22:33I thought you were going to talk about the the Reddit squeeze.
- 22:37If you remember, it was like the year after.
- 22:40I think my favorite comment from that period of someone saying
- 22:43trying to squeeze the silver market is like trying to drain
- 22:46the ocean and silver's out there.
- 22:49Just depends on how much you want to pay to get it in.
- 22:51If you want to put it on a plane, private jet, that's
- 22:55easily done. It's just most people prefer to
- 22:57ship it by, you know, I see for that.
- 23:00That's a very good point that's right and you know, the people
- 23:04that did that may might have been able to move a small stock,
- 23:09but when it comes to the silver market, when it comes to gold
- 23:13and silver, it's quite quite the other quite the other issue I.
- 23:17Thought you were going to talk about the.
- 23:18Hold on, let's pause her. I've had enough of her.
- 23:21Yeah. See, that's, that's what they're
- 23:23saying. They're the financial people in
- 23:25London are saying you can't squeeze the silver market.
- 23:28You can't create problems. Well, Bloomberg, as we already
- 23:32looked at tell, tells us differently.
- 23:34Let's look at the next piece of information that we have here
- 23:38again from the Silver Academy. The LBMA even panic at the same
- 23:45time that refiners have stopped refining silver backlogs
- 23:50mounting spot silver now trades above futures, a sign of
- 23:54physical shortage. That's backwardation.
- 23:56Bullion now forced to change hands at increasing premiums.
- 24:00Refiners cannot keep up. And there's Max, we already
- 24:04looked at him right now even he's back in the silver camp in
- 24:07yellow. The global silver markets are
- 24:09experiencing unprecedented turbulence as physical supply
- 24:13tightens, refining and financing grind to a halt and price
- 24:18signals breakdown across leading exchanges.
- 24:21Reports within the last hour signal outright alarm from
- 24:25London Bullion Market Association, the LBMA, the
- 24:28London Million Market Association.
- 24:31Oh, did I? Oh, you guys are watching me.
- 24:34You're not on the right screen. I'm sorry.
- 24:37Let's get there. We're in the middle of this
- 24:38yellow paragraph. The London Bullion Market
- 24:41Association, which confesses it's actively monitoring the
- 24:45market stress and unusually candid admission that the
- 24:49world's primary over the counter precious metals hub is running
- 24:54dangerously low on metal. OK, guys, it's and I think
- 24:59that's all up now. Here we go.
- 25:00Oh, this is great. Almost forgot this.
- 25:03So now we've got North American refiners halting silver buying.
- 25:08This came from the Silver Deejun club right?
- 25:10Alarm refiners in America have stopped buying silver.
- 25:15I've received the following message from a very large North
- 25:18American refiner. FYI, the silver markets shut
- 25:23down last night. To my knowledge, there are no
- 25:26large refiners buying right now. Accordingly, we are not able to
- 25:30buy silver until further notice. Bullion is still trading, though
- 25:34high demand with backlog refining has caused spot price
- 25:38to exceed the futures price, likely causing dysfunction in
- 25:43the hedge market. As soon as we learn anything
- 25:45more, we will let you know. Wow guys, the hits keep coming
- 25:50and then we get this. I've got, we've got a couple and
- 25:54very important pieces of news from the street, right, People
- 25:58on the street, normal people like us that also are, are
- 26:01indicating that there could be some stress out there in the
- 26:04market. But before we do that, I want to
- 26:06say thank you to 1st Mining Gold for also sponsoring the Ron's
- 26:10basement gold and silver content, their development stage
- 26:14gold company in Canada. They have two massive gold
- 26:17projects in Canada, Do Parquet, which is located in Quebec and
- 26:22Spring Pole, which is located in Ontario.
- 26:25These are big multi million ounce development stage
- 26:29projects. The gold has been drilled,
- 26:31hundreds of millions of dollars spent, defined.
- 26:33It's in the ground now they're working through the development
- 26:36stage. It's a very exciting company.
- 26:39It's a company I've invested in before.
- 26:41They sponsored my channel, but I'm not a financial advisor.
- 26:44Don't make financial decisions based on what I say.
- 26:47But if you want to check them out, you can go to their
- 26:50website, firstmininggold.com. Thank you.
- 26:53First mining gold. Thank you.
- 26:55First meant for sponsoring Ron's basement.
- 26:57Now, guys, look, people, I'm getting all types of mixed news
- 27:01reports, mixed input from from you.
- 27:04And I appreciate all of it about your ability to get physical
- 27:07silver and gold. I talked with a friend of mine
- 27:10who actually works at a Costco here in Saint Louis the other
- 27:13day and I said, are you at work? And he said, yeah, I'm at work.
- 27:16And I said, hey, do me a favor, Go see if there's any gold or
- 27:19silver available. And he went and he came back.
- 27:22He said, we have one ounce of gold in inventory right now.
- 27:25One ounce. I said, OK, thank you.
- 27:27I've heard that. He's like, yeah, that's what I'm
- 27:28hearing, too. Then about an hour later, he
- 27:31sent me another text. He said now it's all gone and we
- 27:37and and and and I don't think they know when they're going to
- 27:39get more. So across the USA, Costco, we've
- 27:43got that going on. What about the United Kingdom?
- 27:46This is very interesting what's happening in the UK right now
- 27:51with gold and silver. I'm sorry, more with silver.
- 27:54I just saw there's over 1000 people on this live stream.
- 27:57I'm in shock, you guys. Whoa, you blow you're blowing me
- 28:01away here. This came from Reddit, OK, from
- 28:04the silver Dejan club. This guy says I've been stacking
- 28:08since 2013, so over 12 years and I have never seen this before
- 28:14and he pulls up a screenshot here from bullion by post, which
- 28:18is I understand. Oh there it is right there.
- 28:20The United Kingdom's number one, I'm going to circle that the oh,
- 28:26here we go. the United Kingdom's number one online bullion
- 28:32dealer. OK, and what does he have
- 28:34highlighted right over here, here, we'll use a different
- 28:37color. We'll use the old yellow or
- 28:39whatever. He circles this read this Due to
- 28:44market volatility, silver trading has been suspended until
- 28:50markets open on Monday the 13th of October 2025.
- 28:56And this was posted yesterday. So the biggest number one UK
- 29:01online bullion dealer is suspending sales of silver
- 29:05because of market volatility. Yeah, sure, sure.
- 29:10There's nothing to see here, right?
- 29:13Right. But it gets even more
- 29:15interesting, my friends. I'm going to tell you about that
- 29:17in one second before I do that, huh.
- 29:20Don't forget Dirty Man Safe. If you want to be like a pirate
- 29:23and bury some silver or gold in your very own backyard, check
- 29:27out Dirty Man safe. Here, I'll show you one, Right.
- 29:29Here it is. I'll show you one right now.
- 29:32I got all kinds of bags of tricks below me here.
- 29:35This is The Dirty Man, safe. Dirty man.
- 29:40OK, this is actually called The Dirty girl.
- 29:42It's their small The Dirty girl that yes, it's The Dirty girl.
- 29:47Susie's on a delay, so she didn't get to hear me.
- 29:50This is dirty man safe. That's where you go.
- 29:53But they have The Dirty Man, which is their normal size dirty
- 29:56Girl, which is this little cutie, and they have a bigger
- 30:00one called The Dirty Old Man. But they're it comes with a
- 30:02tube. You can look it on their
- 30:03website. You bury it in your yard and
- 30:05it's the coolest thing ever. When I first got this, I was
- 30:08like, wow, I didn't, I thought, oh, it's just a piece of pipe
- 30:11with a lid on it. But no, this is robust.
- 30:14This is cool. Like I said, it comes with a
- 30:16sleeve you bury in the ground and then you put whatever you
- 30:19want inside there. I have a little Unicorn right
- 30:21now, but there's a discount code Ron 10 if you want to get one
- 30:27for yourself. This is exciting though.
- 30:31This is this is exciting when it comes to what we're seeing in
- 30:36the silver market right now. This is actually, you may think
- 30:39this is bad news at first, but I'm going to explain to you why
- 30:43it's good news. So yesterday, Saturday, I called
- 30:46my local coin shop, right? It's a big coin shop, big, big,
- 30:50big coin shop known across the country here in Saint Louis.
- 30:54And I made believe, yes, I fibbed.
- 30:56I'm you know what, that's not good.
- 30:57I should've just anyway, I said, hey, I'm thinking about buying
- 31:00some silver. I was curious, do they have any
- 31:02silver in stock? And I'm too lazy to drive there.
- 31:05So I called and I said, do you have any silver?
- 31:07I'm thinking of coming in Monday.
- 31:09This was like Saturday afternoon.
- 31:11They were getting ready to close.
- 31:12He said, yeah, we've got silver, We've got plenty of silver.
- 31:14What are you looking for? I said probably some 10 oz bars
- 31:17said, Oh yeah, we'll have some Monday morning.
- 31:19We should have our stock ball. I said, OK.
- 31:21I said have you seen a lot of activity?
- 31:22Said, yeah, we have seen a lot of activity.
- 31:25But I was surprised. What I was, what I was hoping to
- 31:28hear is that he'd say, no, we're all sold out.
- 31:30There's no silver. It's gone, you know, like, you
- 31:32know, like everybody's talking about.
- 31:34But but the fact that they still have some retail silver
- 31:40available and he kind of indicated that the stock was
- 31:43getting a little stressed. I guess you would say to me,
- 31:46guys, think about this. There's a reason why that's good
- 31:48news that shows that in the West it's happening everywhere in the
- 31:53world. You can't even buy it in the
- 31:55United Kingdom from their number one online bullion dealer right
- 31:58now. Maybe you I mean, that was
- 31:59yesterday, maybe you can now. I don't have time to check on
- 32:02all this stuff, but anyway, we know all over the world there's
- 32:05like no silver. We're going to talk about India
- 32:07before we get off here, guys. I can't believe we got 1200
- 32:11people. Thank you for being here.
- 32:13Please subscribe to the channel subscribe it's free.
- 32:16But the fact that we've not even seen the lines at the coin shops
- 32:21in the OK, everybody say hi to UPS.
- 32:28I will say hi to a few people then that for those of you who
- 32:31are new, that's my wife upstairs, Susie.
- 32:34She says hi to everybody. She helps out because I'm down
- 32:38here trying to run these live streams by myself.
- 32:40I forget to share screens. Anyway, back to the good news.
- 32:45It hasn't even started yet in the West and we are the biggest
- 32:49retail silver market out there. Premiums are going up.
- 32:53Well, I, I misspoke. It's just just, it's just
- 32:58getting started. That's the good news.
- 33:02That's why I was glad to hear my local coin shop say, yeah, we
- 33:06still have some silver because that indicates we've got a big
- 33:10runway everywhere else, India, China, you know, you know that
- 33:14all the stories people are lining up, people are draining.
- 33:17They can't even get their hands on silver India.
- 33:20Well, anyway, we're going to get to India here in one second
- 33:22before we're done. So buckle up, butter cups,
- 33:25because we got a big, big, big, big, big runway ahead of us.
- 33:29Let's go to India. We'll run through this crazy
- 33:32crazy India 1.4 billion people India crazy over silver.
- 33:37Hamza Serenade shares this with us.
- 33:40A thread on India just days before Diwali.
- 33:43I can't pronounce these names. I can't even say backwardization
- 33:46correctly. Bullion traders and Jewelers
- 33:50halted silver orders halted silver orders reason no physical
- 33:55metal left. Traders refused new bookings,
- 33:58not because of weak demand, because of, but because of a
- 34:02real supply shortage. There's a new newspaper article.
- 34:06Bullion traders, Jewelers halt silver orders as price spike
- 34:10triggers shortage. All right, Number 2I silver
- 34:14price just went vertical. Yeah.
- 34:17Well, I'm going to take your word on that.
- 34:19That's an 18. OK.
- 34:20So there's an 18 to 19% premium for physical metal.
- 34:26That means if the wow, 20% of 50 is 20, that would mean if the
- 34:32silver price is $50, they're paying $70.00 an ounce.
- 34:37Let that sink in. People are paying almost $6 per
- 34:41more per oz to get real silver, $6 more.
- 34:44I don't. I think if it's 20%, it's 20.
- 34:47But anyway, I won't argue with you, Hamza.
- 34:49Meanwhile, fun houses paused issuing new silver ETF units.
- 34:55Yeah, they put a, they put up the kibbutz.
- 34:57They the ETF. They said you cannot create any
- 35:01more ETF any more silver ETF in in India, meaning they can't
- 35:06source the metal to back new shares.
- 35:08That was a big story last week, right?
- 35:10The big Indian silver ETF said no more silver, no more.
- 35:14We won't sell anymore. Welcome to the paper verse
- 35:17physical disconnect. Now look what happened next, OK,
- 35:21Indias gold and silver imports nearly doubled in September,
- 35:25according to The Economic Times. Despite record prices, importers
- 35:29are scrambling to secure supplies before the festivals
- 35:33let that sink in. Prices store soar.
- 35:37Prices soar. Shelves store shelves empty.
- 35:40Imports explode. That's the classic footprint of
- 35:43a structural shortage, not a temporary glitch.
- 35:47India imported about 410 tons of silver in August, worth four,
- 35:52451 million, and still needs more.
- 35:55Even industrial users are competing for supply, making the
- 35:59squeeze a steeper speculation on what happens next.
- 36:03When the world's biggest silver consumer, the world's biggest
- 36:09silver consumer, starts panic, import starts panic importing
- 36:13despite record prices. Oh, did I not share the screen?
- 36:19I'm not going to go back and read all that to you.
- 36:21I'll just continue from where we are.
- 36:24For proof, let's see here when the world's biggest.
- 36:28The world's biggest. That's OK Yeah.
- 36:32So upstairs, Susie, drop the ball there.
- 36:34I dropped the ball. That's all right.
- 36:35Starts to panic importing despite record prices.
- 36:39The ripple effect hits London and the COMEX.
- 36:41Spreads widen, premium surge and futures lag spots.
- 36:45Spreads widen, premiums surge. And that's what we're seeing.
- 36:49We are seeing that in the United States.
- 36:51Premiums going up, up, up from the last research that I did and
- 36:54that shows retail demand is going up.
- 36:58OK. This isn't just about India,
- 37:00it's a warning sign for the global silver market, where
- 37:04paper oz may soon face their physical limits.
- 37:07Oh, this is a long one. If bullion houses in India stop
- 37:10taking orders while the country double S imports, you're looking
- 37:13at the early stage of physical dislocation.
- 37:17The disconnect phase begins here, begins when ETF creation
- 37:21halts. Check.
- 37:22Domestic shelves go empty. Check.
- 37:24Import costs skyrocket. Check.
- 37:26Futures ignore physical reality. Check.
- 37:29Check. Check.
- 37:30It is happening. OK, guys, unroll.
- 37:33All right, Thank you. Woof.
- 37:35Great reporting, John Forrest Little says.
- 37:37We have a fire up on the up the base.
- 37:40Try to get Max Kaiser back in the game.
- 37:42Well, Max is back in the game. So guys, everywhere we look and
- 37:46on top of that, remember the secret weapon that we have in
- 37:49our favor, nobody else is talking about, right?
- 37:53Right. And that is demand for silver
- 37:55jewelry. I think this Christmas is going
- 37:57to be the silver jewelry Christmas.
- 37:59And remember one in five oz, I said it first, I predicted it.
- 38:04I don't claim a lot, OK, But I did, I did predict that and I
- 38:07know it's going to be true that a year from now, six months from
- 38:11now, you're going to be hearing all over the place how how
- 38:14demand for silver jewelry skyrocket.
- 38:16And that is a significant component of the overall silver
- 38:20demand picture. I want to say hi to a few
- 38:22people. C130.
- 38:23Good to see you, C130. And who else we have on here
- 38:27today. OK, Shaky.
- 38:30Shaky and the Rios 7 O 18. Brian Knepper.
- 38:34Good to see you, Mr. Mr. Good to see ya, Caspaki.
- 38:38OK, I'll do it. I'll do it just so you can watch
- 38:40me struggle, throw up a comment, tell me where you're at, and
- 38:43I'll try to say your name. And I'm going to try to watch
- 38:46this as fast as I possibly can. And I got to ring the golden
- 38:51gong. Hold on here.
- 38:53Let's ring the gong. That's for everybody that's here
- 38:59tonight. Don't forget, guys.
- 39:00And hey, we don't know. I'm not a financial advisor.
- 39:03We could see a pull back in the silver market.
- 39:06Who knows, right? Hold on.
- 39:07Let me get down to the bottom here.
- 39:10But I remain super optimistic. Silvershire, good to see you,
- 39:14buddy. Thumbs up.
- 39:16Good to see you, Charlotte. OK, all the way up, Casper Key
- 39:21man, Silvershire. Why is it Won't let me get to
- 39:24the most recent comments. There we go.
- 39:27All right, Ron is the happiest basement prisoner ever.
- 39:31All right, guys, have a great day.
- 39:33Thanks to each and everyone of you for being here.
- 39:35Right. Like I said, this is a cold and
- 39:37lonely basement from down here by myself and we are together.
- 39:40We are part of this community. We're on a wild ride when it
- 39:44comes to silver and gold and the precious metal lining stocks
- 39:47together. I really appreciate you coming
- 39:49down here. Don't forget to subscribe that
- 39:51is free. Leave a comment in the comment
- 39:54section, man, Tomorrow we're going to talk about $2900 silver
- 39:59and like why? When you compare it to the Dow,
- 40:02that's not out of the question. We got a lot of fun things
- 40:05going. Take care, OK?
- 40:07Be good and I will see you, yes you next time.