Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER Prediction!⚡- You Best PAY ATTENTION to This! 🔴 (Gold Price Also)
Transcript
- 0:01Let's talk about $60.00 silver today.
- 0:04I absolutely predict that by April 30th of 2026, mark my
- 0:10word, you can remember this, that we will have at least
- 0:14$60.00 silver. Now I could be wrong.
- 0:17I'm not a financial advisor. Don't make any financial
- 0:19decisions based on what I'm saying.
- 0:22But after you hear what I'm going to say in this video, I
- 0:26think you may, just may just agree with me.
- 0:30I've also got some incredible crazy information about gold and
- 0:34silver and how it relates to oil.
- 0:37This is going to knock your socks off and unbelievable
- 0:41information. Elon Musk says something about
- 0:44China that's absolutely shocking and I think tells us adds even
- 0:49more fuel to our fire as the why we could see much higher gold
- 0:54and silver prices as we move through the rest of the year.
- 0:58I'm most excited about silver right now, but gold also has the
- 1:02potential to do very well. And we got a big warning for
- 1:05you. Hey, thank you for being here.
- 1:07Thanks for being part of the basement.
- 1:09This is not possible without you.
- 1:12Yes, you right from wherever you are in the world.
- 1:15Thanks for joining us today. We love to talk about gold and
- 1:18silver. This is a precious metals
- 1:21focused live stream video and it's also for people in the
- 1:25crypto world who've expressed to me how interested they are in
- 1:29learning about precious metals. Now guys, let's talk about
- 1:32silver first, the $60.00 prediction.
- 1:36Do you believe it? I believe it and it's not just
- 1:39me. Let's take a look at what one of
- 1:41the top analyst is are saying and here we go.
- 1:48Let's start out by taking a look at this chart.
- 1:50What's very interesting and we're going to look at what he
- 1:52says about this. But if we look back to 2010,
- 1:56right, right before silver really blasted off into that $50
- 2:01range, look at that chart pattern.
- 2:03Look at how similar that is to where we are now.
- 2:07Will this repeat when you look at the big picture about what's
- 2:10going on out there from a fiscal perspective, from a monetary
- 2:15perspective, from AG political perspective, and we're going to
- 2:19get a lot more in depth about that later in this video, I
- 2:22think a repeat of what we saw in 2010.
- 2:27Let me draw this for you really quickly again.
- 2:30See, he's got that circled very similar to where we are now.
- 2:34And this resulted in that blast off.
- 2:37What we're seeing is a prediction of it resulting in
- 2:40that blast off. But let's read what he says.
- 2:43This is Rashid, our friend. Rashid, he says, I believe
- 2:47silver's parabolic run is unavoidable at this point after
- 2:51years of suppression. Yeah, we know the COMEX in the
- 2:54LBMA. They have a little habit of
- 2:56suppressing things. Upside price shock could happen
- 3:00anytime, faster and higher than most would imagine.
- 3:04Silver's sentiment. This is one of the big reasons
- 3:07why silver sentiment is terrible and that is why it could start a
- 3:12squeeze anytime. OK, the present setup is pretty
- 3:16much similar to 2010. We just talked about that, but
- 3:20let's talk about the other X Factor and that is silver
- 3:24sentiment guys, right? Have you noticed nobody in the
- 3:28United States is buying silver? The sentiment, even though
- 3:32silver has done so well, right? Built this massive base around
- 3:36$32 per oz, $33 per oz, nobody's buying it.
- 3:41The Costco moms, the Costco dads, they're buying a lot of
- 3:44gold, right? Not even really tons and tons of
- 3:47gold. But the sentiment for silver,
- 3:49everyone I talked to that's in this business of selling silver
- 3:53is like when are people going to wake up in the big, the big
- 3:57ticker, the bonus right the, the, the, the red button that
- 4:01can be touched is when the American people even slightly
- 4:05begin to realize that it's time to buy silver.
- 4:08It could create a massive, massive new wave of mine, $60.00
- 4:13silver by April 30th, 2026. To me, it's in the bag now
- 4:17again, I don't have a crystal ball.
- 4:19Don't make any financial decisions.
- 4:21You can throw eggs at me right? But remember, I'm the guy that
- 4:24sat down here with a blindfolded bear for years saying that gold
- 4:29would eclipse $2500. And people said that'll never
- 4:32happen. You're a, you're a shill for
- 4:34precious metals, right? You're, you're, you're trying to
- 4:37sell, sell, sell. And where are we sitting now
- 4:40with the gold price? Right?
- 4:4130 N of $3200 per oz All right let's have some fun let's talk
- 4:50about something that's absolutely crazy You need to I
- 4:54need I need you to do this first.
- 4:55I need need you to imagine that you're in anba basketball arena
- 5:00right or an NHL hockey arena. I think the NHL playoffs are
- 5:04going on right now. You're at center ice in an NHL
- 5:07hockey arena. There's 17,000 empty seats in
- 5:12that arena. I want you to imagine each one
- 5:14of those seats now having a complete barrel of oil in it.
- 5:20You're going to understand why. Let's go check this out.
- 5:23Could this comes from the Silver Academy.
- 5:25This is mind numbing. And then we're going to talk
- 5:27about what it means for silver as well.
- 5:30But right now, one ounce of gold gets you 56 barrels of oil.
- 5:35There's our friend Paris Hilton. That'll make sense.
- 5:37More later. Hi, Paris.
- 5:39Hi, Paris. And I'm on the wrong page.
- 5:43Here we go. Now we're on the right page.
- 5:46Apologize for that guys. Let's go back up.
- 5:49I need to upstair it. One ounce of silver, this comes
- 5:51from the Silver Academy for 56 barrels of oil.
- 5:54OK, this is where it gets interesting.
- 5:56OK, If you had a purse, OK, Paris Hilton had a purse, OK, it
- 6:02could carry the equivalent of 17,360 barrels of oil.
- 6:08Let me let me help you make sense of this.
- 6:10Specifically if you can put £20 into a sturdy well made purse.
- 6:15And that's realistic, right? That's what's the equivalent of
- 6:19320 ounces of gold. So you put 321 oz gold coins in
- 6:25Paris Hilton's purse, or your wife's purse, or your purse if
- 6:28you carry a purse that would be worth just over $1 million at
- 6:34today's price of $3255 per oz. But this is where it gets
- 6:39interesting. OK, at an oil price of $60.00
- 6:43per barrel, each one of those 320 oz would buy about 50-4
- 6:49barrels of oil. OK, that shows the math on that.
- 6:53That means that that one purse with 320 ounces of gold in it in
- 6:58theory could be exchanged for 17,360 barrels of oil.
- 7:06Is that just mind numbing or what?
- 7:08And wait till we do the math on silver.
- 7:10But think about that one purse. I used to have a purse.
- 7:15I don't know where the purse went, darn it.
- 7:17Anyway, I had one of Suzie's purses down here.
- 7:20Maybe she took it back. Anyhow, that one purse with 320
- 7:24ounces of gold, right, is enough gold as you're standing at
- 7:28center ice at that NHL hockey arena.
- 7:31One purse enough to buy every seat.
- 7:35Every all 17,000 seats has 1 barrel of oil.
- 7:38Can buy all that oil. What about silver?
- 7:42Well I did some math right and if you figure right now we have
- 7:45about 100 to 1 gold to silver ratio.
- 7:48Takes 100 ounces of silver to get one ounce of gold.
- 7:51That would mean that you would need 32,000 ounces of silver.
- 7:57That's only 64 monster boxes. You know what a monster box is,
- 8:01right? That's about this big.
- 8:03This big holds 500 American silver eagles.
- 8:07You take 64, just 64, right? Stack them 6 high in a row, 10
- 8:12long. Imagine that it's center ice
- 8:14that buys all the oil. What does that tell us about the
- 8:18value of silver, About the value of gold?
- 8:22And at this current 100 to one. Let's go take a look quickly and
- 8:27get an update on the gold to silver ratio at this current
- 8:33price, right Gold in the futures market, 3247 silver $32.
- 8:40That basically means the gold to silver ratios over 100.
- 8:46It's it's mind numbing. It's mind numbing the value one
- 8:49purse full of gold or right a little stack probably this long,
- 8:55maybe this high of American silver eagles can buy 17,000
- 9:03barrels of oil and you're going to tell me this stuff isn't is
- 9:06it valuable? All right, what did Elon must we
- 9:09know China China now controls the gold and silver markets.
- 9:14All right, we know the reason why night they've they've
- 9:17they've hoarded gold and silver for years and years.
- 9:20They appreciate it much more. The 1.4 billion people that live
- 9:24in China love gold and now we're starting to love silver.
- 9:28What does this mean for the future when Elon Musk points out
- 9:32something shocking? This absolutely shocked me when
- 9:36I heard this about the Chinese economy.
- 9:39This all started with Ray Dalio. Now, Ray Dalio is the founder of
- 9:43Bridgewater Capital. Wrong one.
- 9:46Here we go. And all right, hope you guys are
- 9:52still there. We're having a little technical
- 9:54glitch. Hello, hello.
- 9:56Hello. Are we there?
- 9:57Somebody give us a 5 by 5. All right, Here we are.
- 10:02This came from Yahoo Finance. Elon Musk reacts after Ray Dalio
- 10:07warns of US decline, says, OK, let's let's just get into this.
- 10:11So Ray Dalio says, hey, it's basically over for the United
- 10:15States. China has become a power.
- 10:17But Ray Dalio did say one thing that I think we need to pay
- 10:21attention to. This really sums it all up,
- 10:24right? What's going on in the world
- 10:25right now? Dalio argued that the United
- 10:29States cannot indefinitely over consume right and rely on
- 10:35foreign lending. Assuming he says that one can
- 10:39sell and lend to the US and get paid back with hard, not
- 10:43devalued dollars is naive. So what he's saying is, guys,
- 10:47the gig is up, right? The Chinese and a lot of these
- 10:51countries are like realizing like, OK, so we can sell you a
- 10:56bunch of widgets, but then you force us to lend you money so
- 11:00that you can buy more widgets so that we can lend you more money.
- 11:05In the end, that's not a good thing for those countries, OK,
- 11:09he says. Again, assuming that one can
- 11:11sell and lend to the US and get paid back with hard, not
- 11:15devalued dollars is naive, he said, calling for coordinated
- 11:19engineering and implementation to avoid a disorderly collapse.
- 11:24All right. Now, then, then, then, then
- 11:28unbelievable what Elon Musk says.
- 11:31Elon Musk swiftly pushed back on one of Dalio's central premises,
- 11:37the Tesla CEO wrote. Quote, correction, China is a
- 11:42much bigger consumer of manufactured goods than the
- 11:45United States. This is, this is it.
- 11:48This is crazy, guys. This year, this is according to
- 11:51Elon Musk, who's in the automobile industry.
- 11:54This year, Chinese consumers will buy more cars than America
- 12:00and Europe combined. What did you know that I had no
- 12:06idea, right? China.
- 12:08Chinese consumers are going to buy more automobiles than the
- 12:12United States. And you're all of Europe
- 12:15combined. So is it any wonder, right?
- 12:18Is China, because we don't realize this, but China has a
- 12:21pretty huge automobile manufacturing industry.
- 12:25They're not allowed. I don't know why you ever
- 12:27wonder. I mean, why aren't Chinese
- 12:30companies allowed to sell their cars in the United States?
- 12:33Because I know the Ford CEO, there's a video of him driving
- 12:36one of these, these Chinese electric cars.
- 12:38And he's like, wow, this thing is awesome, right?
- 12:42So they're not available in the United States.
- 12:44And from what I understand, if they were, they'd be like half
- 12:48the price of what we pay for cars.
- 12:50I don't know, maybe there's something going on there.
- 12:53But what this does tell us, we know, we know how much silver
- 12:58goes into automobiles, standard automobiles.
- 13:02But to think how much goes into all the electric cars that
- 13:05they're building, guys, it's no wonder that China is taking over
- 13:10the precious metals markets. I mean, it's there, especially
- 13:13with silver. What does that tell us about
- 13:15silver? There's, there's $60.00.
- 13:19I don't know, again, am I wrong? Right.
- 13:21Remember the old silver bear right there, $85 and the silver
- 13:26bear gets his blindfold off just like the old gold bear got his
- 13:30off at 2500. And everybody thought that was
- 13:32crazy, that would never happen and it happened.
- 13:36OK, let's get ready. We got more to talk about.
- 13:39But first, I want to say thank you to channel sponsor Ledger.
- 13:44They are the hardware wallet crypto, crypto currency security
- 13:50leader, great company based in Paris, France.
- 13:53Again, they're a leader in crypto security.
- 13:56You can learn more about them at their website.
- 13:58They've got a great app Ledger Live.
- 14:01Also, I want to say thank you to sponsor Moon pay.
- 14:04Moon Pay had big news out this week about now making available
- 14:09Tether Gold. If you have any interest in
- 14:11learning about tokenized digital gold, check out Tether Gold.
- 14:16Check out Moon Pay. OK, tokenized gold has a lot of
- 14:20benefits right now. We know there's big benefits to
- 14:23holding physical gold. There's also some benefits to
- 14:26holding tokenized gold as well. And again, this is from Tether,
- 14:30the company that's behind the USDT stable coin.
- 14:34OK, you can check them out at their website.
- 14:36It's called Tether gold, right? And digital gold, you know,
- 14:40here, here's a few of the of the advantages #1 it's easy to
- 14:44transport #2 it's divisible. It's divisible down to like 6
- 14:49decimal points. It's tradable 24 hours a day,
- 14:52seven days a week. It's redeemable.
- 14:55It's backed each one of the tokens, each one of the XAUT
- 15:00tokens that you can get on Moon Pay, each one token is backed by
- 15:041 ounce of gold. LBMA, good for delivery gold
- 15:08that's in a vault in Switzerland and you can verify that it's
- 15:12there and all that. So it's very interesting, you
- 15:16know, digital tokenized gold kind of combines the benefits of
- 15:19physical and tokenization. You can check them out.
- 15:23The best part is right, you can get it on Moon Pay.
- 15:25Moon Pay has worked with over 30 million customers.
- 15:30They are the fintech leader, the on ramp for people that are
- 15:33converting their Fiat paper money into crypto.
- 15:37Speaking of converting, big warning, one more big warning
- 15:41for you guys, and that comes from CNBC.
- 15:49So a lot of people apparently, I don't know if you heard this,
- 15:53I'm starting to see it, see the signs pop up everywhere.
- 15:55With the gold prices being so high, a lot of people are
- 15:58selling their scrap jewelry. A lot of people who don't know
- 16:02really a lot about gold, they don't know the difference
- 16:04between 24 karat gold, 18 karat gold.
- 16:07There's big bad stories of people getting ripped off.
- 16:12OK, here's the headline. Here's what experts say about
- 16:14selling gold jewelry for cash. Gold hitting at record highs for
- 16:19For some consumers, it makes sense.
- 16:21It's a good opportunity to sell high carriage jewelry, which may
- 16:25be melted for cash. But experts say to proceed with
- 16:29caution and recommend having a rough idea of your gold's value
- 16:33before you try to sell it. I'll tell you two things.
- 16:37Two big things you need to do before you sell any scrap gold
- 16:41jewelry #1 educate yourself. It's take you about an hour to
- 16:45learn the difference between 2024 karat gold, 18 karat gold,
- 16:50how the measures do the measurements are, how close the
- 16:53spot price you you should get. OK #2 and I think most
- 16:57important, right? It's kind of like, I hate to use
- 17:00this analogy, but it's kind of like trading in a used car.
- 17:04Shop around, OK, at least go to three places.
- 17:08If you've got a substantial amount, anything over whatever
- 17:12substantial to you, right, Get two or three offers before you
- 17:17decide the the cash in your scrap gold, because that
- 17:20business has a bit some people. There's some people out there
- 17:24that maybe aren't the most honest and ethical, so proceed
- 17:28with caution in that regard. The other thing, what's going
- 17:31on, we talked about China. We've seen gold and silver get
- 17:35smashed a little bit in the last week or so.
- 17:38Don't worry about it. Let's remember we still have
- 17:40$3200 gold. But also remember that we are in
- 17:44a Chinese holiday until I believe May 5th or 6th, Monday
- 17:48or Tuesday of next week. So all the Chinese metals
- 17:52markets are closed. This is not unusual when they
- 17:55close the Chinese markets because the Chinese have been
- 17:59driving the price, driving the demand for precious metals that
- 18:04when those markets are closed, the our friends over at the
- 18:07COMEX in the LBMA, the London Million Market Association, they
- 18:12tend to have a little habit of tamping the price down.
- 18:15It kind of gives them a period of time where they can, oh, not
- 18:18that anyone would ever manipulate the price of precious
- 18:21metals. We don't believe that now, do
- 18:22we? No, but if there were any
- 18:27emphasis on putting the price down that it's a little bit
- 18:31easier when the Chinese markets are closed.
- 18:33So bear that in mind. The other thing I want to point
- 18:36out right we there's a big chart going around about Trump's first
- 18:41100 days during his first 100 days in office.
- 18:46Gold is like the only thing that's done well, OK, so does it
- 18:51make sense, right? Does it make sense to us that
- 18:54also just last week Trump put out a a post on what is it true
- 18:58social that basically he reiterated the golden rule.
- 19:02He who holds the gold gold, he who holds the gold makes the
- 19:07rules. I think we're in for a
- 19:09wonderful, wonderful remainder of the year for gold and silver.
- 19:14I am more optimistic about silver, but still optimistic
- 19:19about gold, right. I think the gold by the end of
- 19:21the year we're either going to see something closer to 3000 or
- 19:254000. But I absolutely believe that as
- 19:28we move into 2026 and as we move through the remainder of the
- 19:32year, we're going to see a a period of renewal for our friend
- 19:37silver. It just can't happen any other
- 19:40way. That gold to silver ratio has so
- 19:43much energy stored up in it, right?
- 19:45And on top of that, all the other fundamentals supporting
- 19:49silver are in place. And look at what's going on in
- 19:52China. Can you believe what Elon Musk,
- 19:55right, taught us this week, right, that the Chinese auto
- 19:59market, the Chinese consumers are going to buy more cars than
- 20:04the United States and Europe combined.
- 20:06Remember, Elon knows, right? He has factories, he has Tesla
- 20:10factories in China. He knows what's going on over
- 20:13there. We're going into we guys, we are
- 20:15just in the the, the biggest period of change.
- 20:19That most of us have ever lived through.
- 20:21It's going to be crazy, crazy interesting.
- 20:25And I believe wholeheartedly it's going to be very good for
- 20:28the precious metals. Hey, thanks for joining me down
- 20:30here in the basement. You know, you're always welcome
- 20:33here. OK?
- 20:35This is where we come, where we can hang out, right?
- 20:37You are the most important part of this.
- 20:39I'm not down here doing this without your support.
- 20:42I've always enjoyed the support of hi to a few people.
- 20:45Say hi to a few people. Hey, you guys.
- 20:49Look who's talking. It's it's Susie.
- 20:53Everybody gives Susie a high 5. That's upstairs, Susie, you
- 20:57know, you guys know Susie, you'd like me to say hi to a few
- 21:00people. Hey, everybody.
- 21:04OK, See if I can pull this off. Hopefully we won't have
- 21:07technical difficulties. Yeah.
- 21:11So let me see here if I can go through the chat.
- 21:14Hey, thank you, Lay Dana. Hello, Daniel.
- 21:17Daniel Cassilly. Good to see you, my friend.
- 21:20See if I can figure out how to do this.
- 21:22Jeremy. All right.
- 21:24Here we go, Level 1. Hello, Hanak again.
- 21:30Hello, Michael Elhom. Hello, Michael Hicks, Level 1
- 21:36Mark Petronode, Susie's house. There's Daniel Castley again.
- 21:40Level 1 Daniel Daniel, Level 1 Michelle.
- 21:43Good to see you, Michelle. All right, guys.
- 21:46And the Rios 7 O 18 Jeremy Barton.
- 21:50And let's see where everybody's from today.
- 21:53Hey, Rodney. All right, guys, here's your
- 21:55chance, right? Please in the chat, put where
- 21:59you're from, where you're joining from.
- 22:01I will put where I'm from. It always blows me away that we
- 22:05have so many people. Kansas City.
- 22:08All right, it's KC. All right, Let's see if we can
- 22:11get a few people. Just where?
- 22:12New York. Hello, Jest.
- 22:14Wisconsin. Hello, Lee.
- 22:15I love Wisconsin. I love.
- 22:18What if the silver was reissued? How much silver?
- 22:21I'll try to get to that. Tomahawk, Finland.
- 22:23All right, Susie's in the family room.
- 22:26Level 1 in Florida, Los Angeles. Detroit.
- 22:30Wow, Susie, Let's elope, don't you think?
- 22:34My Susie. Miami.
- 22:36Hello, Jonathan. Alabama.
- 22:38Hello, Drake. Man, we are everywhere.
- 22:40Isn't this crazy? Alvarado, TX.
- 22:44It just blows me away like I'm 55 years old.
- 22:47Denmark. Hello.
- 22:49That that that 30 years ago. Carol Stream, IL.
- 22:53I'm a DePaul University graduate, my friend.
- 22:56That we can do this right. Modesto Silver will be the last
- 23:00to fly. Carol Stream, Huntsville.
- 23:03We love Alabama also. I've been to Gulf Shores many
- 23:07times. Orange Beach, St.
- 23:10Louis. Hello, Paul, You're a local.
- 23:12Nice to see you, my friend Texas.
- 23:14Mr. Eric. Wow.
- 23:16All right, guys, Have a great day.
- 23:18It is awesome we get together. I appreciate you being here.
- 23:21Take care of yourself, OK? Be good, and I'll look forward
- 23:25to seeing you next time. Don't forget, like, share,
- 23:27subscribe. I forgot.
- 23:28I'll give this a thumbs up. That helps.
- 23:30We appreciate it. Subscribe to the channel.
- 23:32We'll see you soon. Bye.
- 23:33Bye.