Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 🚨 SILVER'S NEXT MOVE! 🚨 - Hear the Man who PREDICTED The SMASH! 💥 - (Precious Metals NEWS Update)

Transcript

🚨 SILVER'S NEXT MOVE! 🚨 - Hear the Man who PREDICTED The SMASH! 💥 - (Precious Metals NEWS Update) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  Absolute historic moves in the gold and silver market.
• 0:05
  A lot of people are going to claim that they saw it coming,
• 0:09
  but I've got a special guest for you today.
• 0:11
  One of his associates reached out to me Tuesday of last week
• 0:16
  saying that he wanted to come on my show and give a warning that
• 0:19
  we could see a major pull back in the silver price.
• 0:23
  I then talked to him on Thursday.
• 0:26
  We arranged this live stream for today, Monday, but we all know
• 0:31
  what happened on Friday. His prediction came true.
• 0:34
  I'm starting to think this guy might have a crystal ball.
• 0:38
  I'm going to introduce you to Leor Gantz.
• 0:40
  He is the founder of Wealth Research Group.
• 0:43
  We're going to talk to him about why he saw this coming, but even
• 0:47
  more importantly, what he sees in the future.
• 0:50
  Leor, without further ado, welcome to Ron's basement.
• 0:54
  Thank you for joining us today. Thank you for running back.
• 0:57
  Yeah, so I told the story. What?
• 1:00
  What? What are the reasons why you saw
• 1:02
  this coming? Well, it's one I didn't want to
• 1:05
  be right on. But look, I, I think it's a
• 1:09
  combination of a number of things that we saw of course in,
• 1:13
  in the weeks leading up to last week, we we saw unbelievable
• 1:20
  type moves in gold and silver. They started with the export
• 1:25
  controls from China and then along with what happened with
• 1:31
  the the Fed and going to trial with one of the Fed governors
• 1:37
  that Trump wants to fire. And Powell actually went to the
• 1:42
  courthouse. So there was an open front
• 1:44
  between the Fed and the Treasury Department or the White House.
• 1:49
  Then you had Davos, where Jameson Greer, who effectively
• 1:56
  is one of the masterminds behind the Trump economic policies,
• 2:03
  basically told the globalists that their time is up and that
• 2:07
  America is going in another direction, and they can either
• 2:10
  follow that direction or they can go their own ways.
• 2:14
  And I want to address that and how important that is.
• 2:17
  And then all of that led me to say between everything we're
• 2:23
  seeing, it would take one more piece of news for this to all
• 2:28
  crumble. And, and then you had a Friday
• 2:31
  with three major news items. 1, you had trueflation coming in
• 2:36
  with less than 1% inflation. 2, you had the worst nomination.
• 2:42
  And three, you saw the easing of tensions between the US and and
• 2:47
  Iran. Those three things to me were
• 2:53
  basically the the justification for what we saw.
• 2:58
  And I think that it it it changes everything.
• 3:02
  And I'd like to explain more about what we heard in the
• 3:06
  cabinet meeting from Trump and then what this means for gold
• 3:10
  and silver. But yeah, for sure we are not
• 3:13
  not going anywhere near where we were for a while.
• 3:19
  Yeah, Yeah. So it's almost do you, do you
• 3:21
  think silver was in a bubble? Let me ask you that question.
• 3:24
  Do you think this was the the pen that that pricked the
• 3:27
  bubble? I think, I think it, it wasn't a
• 3:30
  bubble so much as so in other words, it wasn't a retail
• 3:35
  bubble. I do believe that that you will
• 3:39
  see retail coming back to silver.
• 3:46
  So I, I, I don't think that this was the retail bubble.
• 3:50
  You also see that there's a different price for silver in
• 3:53
  the West and in China. So this is definitely not an, an
• 3:57
  American COMEX LED silver bubble.
• 3:59
  So no, I, I don't believe that. I don't believe this was like a
• 4:02
  bubble pricking. I think this was a a a big
• 4:06
  washout to to build a new base and to go from there just so
• 4:11
  much more upside for both gold and silver.
• 4:13
  But I do think they that we will be in a range for the coming
• 4:18
  weeks and and perhaps even months.
• 4:20
  Yeah, Yep, Yep. So I want to reiterate to our
• 4:22
  office or to our audience, I'm sorry, our office, we're in the
• 4:26
  basement, the basement office. But that Leor, and correct me if
• 4:29
  I'm wrong, you are still very much long term bullish on the
• 4:33
  metals, gold, silver and I'd imagine copper as well.
• 4:37
  I I am and and this doesn't change that.
• 4:42
  Yeah, at all. In fact, my year end target for
• 4:48
  20/25 was 47. So we are, we're definitely much
• 4:53
  better than than that. It's almost, it's funny you're,
• 4:57
  you're seeing like silver $76 right now and you're like with
• 5:03
  mixed emotions. But anybody you tell them one
• 5:06
  year ago, hey, how about on Trump's second inauguration?
• 5:11
  They like the one year anniversary silver is above 75.
• 5:14
  What do you think? So I think we're, we're, we're
• 5:18
  in the bull market for commodities.
• 5:20
  We're in a bull market for precious metals.
• 5:24
  And I think what you saw was a release valve for many
• 5:28
  speculative bits and and leverage bits.
• 5:32
  But the fundamentals have not changed in in the least.
• 5:38
  Do you, do you think that because I'm hearing, you know,
• 5:42
  people throw around terms like 10 Sigma like this was a 1 and I
• 5:47
  don't know, 10 quadrillion billion chance it could happen.
• 5:50
  You think it was engineered and maybe you were insinuating that
• 5:55
  as you were just speaking that that that that this was somewhat
• 5:59
  possibly engineered to help save some of the shorts.
• 6:02
  I hear that theory being floated around quite a bit.
• 6:06
  I'm sure, I'm sure there are irregularities with the moves up
• 6:12
  and down. I, I don't, I can't ascribe
• 6:15
  trillions of dollars moving hands just to, to a few, you
• 6:23
  know, spoofing trays or whatever else.
• 6:26
  This, this wasn't that. This is a big deal.
• 6:29
  So in the cabinet meeting, what Trump announced was the new
• 6:35
  deal. There was FD Rs new deal that
• 6:39
  basically created or or birthed the nanny state in America in 19
• 6:45
  in in the 1930s and LED to many of the structures of society and
• 6:50
  the economy that we have with us today.
• 6:54
  And Trump is erasing that and rewriting a new new deal.
• 7:02
  Trump's New Deal or the Republican New Deal, as he calls
• 7:04
  it. And I think that the most
• 7:07
  important part about it is that both Besant and Wash were both
• 7:15
  mentored by Stanley Druckenmiller.
• 7:17
  And Stanley Druckenmiller hates Kenyanism and, and does not
• 7:25
  believe that the Fed should have so much power to do QEQT, to
• 7:31
  send rates to 0, etcetera. And now you have a Fed
• 7:35
  treasurer, a Secretary of the Treasury with a nominated Fed
• 7:39
  chairman that both believe that the Fed's balance sheet should
• 7:43
  shrink dramatically, that the Fed should stick to doing the
• 7:48
  very basic things that a central bank should do and not override
• 7:53
  the Treasury and, and definitely not be independent of the
• 7:56
  Treasury. So that is a huge revolution
• 7:59
  because it, it means the ends of bail.
• 8:01
  It's the end of bailouts. It's the end of the liquidity
• 8:04
  injections. It's the end of trying to
• 8:07
  intervene in the free markets. And, and you know, when you
• 8:12
  really understand how much of A revolution this is, This is why
• 8:16
  Wall Street really is in a panic, because this generation
• 8:21
  of Wall Streeters that came up from 2008 up until now, all they
• 8:27
  know is that the Fed is on their side.
• 8:30
  So for them to see a Fed treasurer or a Fed chairman that
• 8:36
  has the, the interest of Main Street at heart and what's the
• 8:40
  work with the Treasury Department, that is a massive,
• 8:43
  massive change between that and what you saw with inflation.
• 8:51
  I think that really changes how Wall Street will behave going
• 8:55
  forward. To them, this adds a lot of risk
• 8:59
  to the table because now they, they know the Fed will not be
• 9:01
  there for them. I think that that will really
• 9:05
  change the way they allocate their portfolio between 6040,
• 9:09
  they will probably go to 202525252525 or, or some
• 9:14
  combination of that. And, and we are in a revolution
• 9:18
  for, for the investment class. So that is the early innings of
• 9:24
  it and you will see a lot more of it as we proceed in 2026
• 9:29
  because a lot more is coming. Yeah.
• 9:31
  So, so, So what you're saying is this habit that a lot of retail
• 9:37
  investors Wall Street have gotten into of thinking that
• 9:40
  there's a Fed put that that you know, buy the dip, whatever that
• 9:45
  are you saying that we could be in for some interesting times in
• 9:48
  the general markets as well going forward?
• 9:50
  I do. I do because see the, the
• 9:54
  inequality of incomes and of wealth in America has left the
• 10:00
  younger generation very confused about whether or not America
• 10:04
  works because they see the the generation above them and they
• 10:08
  see that it's, it's very hard to reach the wealth that the
• 10:11
  boomers have had. But what they don't understand
• 10:14
  is that the boomers got rich not because of the American system,
• 10:18
  but because of the globalist system.
• 10:20
  And so they, they false, they falsely reject the idea of
• 10:25
  America when all they're really saying is whoever hijacked
• 10:29
  America, we, we, we reject that. But they don't understand all
• 10:36
  the intricacies. And so they think that either
• 10:39
  Trump represents that rotten America instead of really
• 10:44
  represents rotten America. And they don't and there are
• 10:47
  many even in the right or in in the Trump camp that don't
• 10:51
  believe in government in general and just want to be left alone.
• 10:53
  And they're very isolationist. They're like, I don't care.
• 10:56
  Like the government cannot do any good.
• 10:59
  As if, you know, somebody like Scott, the center ran the number
• 11:02
  one hedge fund in the world, all of a sudden comes to the
• 11:05
  Treasury Department and he and he's a different person now.
• 11:09
  He's has different attributes. So they're they're this
• 11:13
  generation is very much rejecting any idea.
• 11:19
  And it will take time for America to come back together
• 11:22
  and understand that what really the real success of America was
• 11:30
  when they were able to become independent of the British
• 11:33
  Empire in terms of not just winning the the independence
• 11:39
  war, but also becoming industrialized by way of tariffs
• 11:44
  and having a massive, massive industrial base starting at
• 11:49
  right after the the civil War. And all of the people that
• 11:55
  wanted to detach themselves from the British Empire were
• 12:00
  assassinated. Alexander Hamilton, Abraham
• 12:03
  Lincoln, and then the president that that President Trump is, is
• 12:07
  basically trying to emulate the most William McKinley.
• 12:11
  So, and Trump almost was assassinated for this.
• 12:14
  So we are moving back into what works for the United States of
• 12:20
  America and what that is, is having full control over the
• 12:25
  Western Hemisphere, looking to do good in the other hemispheres
• 12:31
  in in the old continent and in Asia.
• 12:33
  But not by shaping them to our way of life in America, but by
• 12:39
  telling them you are the Chinese, you are the Japanese,
• 12:42
  you are the Turkish, you are the Russians.
• 12:44
  You have your own cultures. We believe our culture and our
• 12:48
  economy and everything else is, is better than yours.
• 12:50
  But we will not come and, and and try to change you by nation
• 12:55
  building or toppling. We are here to extend our hand.
• 12:59
  We will not be suckers anymore in terms of financing all of
• 13:06
  your mistakes. And on the flip side, we will
• 13:08
  not ask you to become US. And and so I think that that is
• 13:14
  really the change. We are going back to what made
• 13:16
  America really rich between the 1870s and the 1910s when you saw
• 13:21
  the Rockefellers and the JP Morgan's and all these
• 13:24
  industrialists, Henry Ford, Thomas Edison, the Wright
• 13:29
  Brothers, etcetera. This is where America excels,
• 13:33
  where it can innovate for the rest of the world, but not
• 13:40
  believe that it has to do for the world what it has to do for
• 13:45
  itself. So that is I think that the the
• 13:48
  crux of it, that's why you're seeing so much manufacturing
• 13:51
  coming back to America. You know, you have the the first
• 13:54
  aluminum smelter in 50 years, you're doing, you're producing
• 13:57
  more steel than Japan for the first time in 25 years.
• 14:01
  You have 18 trillion in foreign investments committed.
• 14:06
  And I think that that's just a start.
• 14:08
  The second part of this is what will happen when GDP starts
• 14:13
  sprinting 456 percent. Americans will be like, shocked.
• 14:19
  And then you'll have a Fed chair that says, I don't see the
• 14:22
  problem. Why are we going to stop this
• 14:25
  boom economy? Because what what Bernanke and
• 14:30
  Yellen and Powell taught Wall Street and America general is
• 14:37
  when you have rising wages, that creates inflation.
• 14:40
  That is so much bullshit it's, it's not even funny.
• 14:44
  When you have rising wages, that means the money is flowing from
• 14:47
  Wall Street to Main Street. And I think that Warsh will not
• 14:51
  stop that. In fact, you may see higher and
• 14:53
  higher GDP prints with lower and lower rates.
• 14:57
  And if that creates productive deflation, that's what you're
• 15:00
  going to have in America. So I, I really think that in the
• 15:03
  next 3-4 months, there'll be a lot of uncertainty regarding all
• 15:07
  of this. That's why I think gold and
• 15:09
  silver will trade sideways for, for a bit here and churn, maybe
• 15:13
  even the dollar gets stronger as, as portfolio get portfolio
• 15:17
  portfolios get liquidated a little bit because when you
• 15:21
  settle mostly US equities, you're selling dollars.
• 15:24
  So there's going to be a technical demand for dollars,
• 15:28
  but right after Warsh is allowed to give his vision, I think
• 15:35
  he'll have a lot of clarity as to where America's going.
• 15:39
  And in, in my, in my view, that will actually be the restart of
• 15:44
  the second phase of this bull market for silver and gold.
• 15:47
  So, so as I'm listening to you speak and you give a great,
• 15:51
  like, I think overview of a lot of things that are going on that
• 15:57
  I think represent that we're going through a period of change
• 16:00
  that maybe, you know, me, I'm 55 years old.
• 16:03
  And a lot of our viewers, like we're going through a period of
• 16:05
  change right now like we've never really seen in our
• 16:08
  lifetime. Like I've, you know, from 1970
• 16:11
  when I was born up until feels like two or three years ago,
• 16:16
  things were pretty stable. But it feels like now over the
• 16:20
  last couple years and especially now based on what you're saying,
• 16:23
  that we really are going through a period of massive change that
• 16:28
  a lot of us may not realize until we've already gone through
• 16:32
  it. But but the, but the
• 16:35
  conventional wisdom, Leor has always been that liquidity and
• 16:38
  money printing are, are good for gold and silver.
• 16:42
  And what I'm hearing you say is that maybe that won't be the
• 16:45
  case. And correct me if I'm wrong, but
• 16:47
  maybe with this new regime and this new kind of vision for the
• 16:50
  United States that we won't have as much as many bailout programs
• 16:55
  and liquidity injections. How do gold and silver do well
• 16:59
  in this new environment? Well, the the real important
• 17:06
  thing to understand is that gold and silver have been LED through
• 17:11
  this 55 year period of Fiat currency system to a place that
• 17:16
  is not natural for them. Silver is not even money
• 17:20
  anymore. Some people buy it as because
• 17:24
  they say this is a precious metal.
• 17:25
  I want to own it, but governments have made it so that
• 17:29
  it's not money. And so and even gold to a degree
• 17:34
  is, is a reserve, but it's not you can't really now you have
• 17:39
  countries settling in in, in gold.
• 17:41
  That's true. But they're they're not even
• 17:43
  settling in in silver. So my answer to you is as the
• 17:49
  dollar continues to lose it's hyper globalized era role, which
• 17:57
  is where it's been from 1999, from 1993 onwards, when you had
• 18:02
  Clinton opening China into the World Trade Organization, you
• 18:06
  had basically after 2008 a whole new financial system.
• 18:11
  These are all symptoms of a bad system and as we're going and
• 18:18
  correcting that system, you will see gold continuing to assert
• 18:22
  its place and there's no fair market value where you can think
• 18:29
  of of gold. What you can say is, OK, how
• 18:31
  much would it take to cover 100% of the currency supply, 50% of
• 18:35
  the currency supply, 20% of it? You can, you can make your own
• 18:38
  fair market value metrics for it, but there is really nothing
• 18:44
  that is important. What's that's definite, what's
• 18:49
  really the best way to do it is to say how much gold do you need
• 18:53
  to own personally and then stick to that program.
• 18:56
  For me, I have always maintained that I want either 24 months
• 19:03
  worth of family, household living expenses in saved in gold
• 19:07
  and silver. In other words, just to give you
• 19:09
  like a round Number, let's say it's $5000 a month of limited
• 19:13
  expenses, so 24, that's $120,000.
• 19:16
  And then you convert that to Fiat physical gold and silver.
• 19:20
  You can do your own kind of mix. And when that number becomes
• 19:26
  less than 5% of your net worth, you should increase it to 5% on
• 19:29
  your net worth. And that has always been the
• 19:31
  goal for me. So, so I carry in ounces in
• 19:36
  other words, now silver because it's demonetized in such a large
• 19:41
  degree, it has so much upside. If any government even one would
• 19:46
  reinstitute it as money that would make the the price surely
• 19:52
  double from here to go to towards the 150 a 160.
• 19:56
  So I think that is really important to to realize that
• 19:59
  that upside still exists with silver that re rating as money.
• 20:05
  So, so will they work better or or less better if there's no
• 20:11
  bailouts is a is a great question.
• 20:14
  But the the answer is we have 5000 years of gold and silver to
• 20:23
  rely on. And what we know is that they
• 20:26
  are great at holding their value.
• 20:28
  And that is why. And that is why you should own
• 20:32
  them, but not the way that, that you think in your mind, you're
• 20:38
  owning them because, because Fiat currencies are debasing.
• 20:42
  What happens if you go to a system where where Fiat
• 20:46
  currencies are not debasing as much?
• 20:48
  The answer is still the same. If you want to hold your, your
• 20:52
  purchasing power, you, you need to own some gold and silver.
• 20:56
  So, but nominally, a lot of things can happen.
• 21:00
  Yeah, Yeah, I think it's a difficult concept for for
• 21:04
  anyone, right. There's 2000 people that are
• 21:07
  joining us live right now, even me, right.
• 21:09
  And I'm, I've been a gold and silver bug enthusiast for 20
• 21:13
  years. I still think of this ounce of
• 21:17
  silver in terms I price it in U.S. dollars like like like the
• 21:22
  dollar is the is the money you would say and the reality is
• 21:26
  different, right? Like you said for 5000 years,
• 21:29
  gold and silver had been the money.
• 21:31
  Why not price the dollar in terms of gold and silver if that
• 21:34
  makes sense? Like.
• 21:35
  Or, or even better, you should look at at the Dow to gold
• 21:40
  ratio. Yeah, yeah.
• 21:43
  Right now when you hear President Trump saying, hey, the
• 21:45
  the S&P 500 is trading at all time highs.
• 21:48
  It had fifty all time highs last year.
• 21:50
  It's true, but in gold terms it's in a bear market.
• 21:55
  It's back to where it was like 6 years ago.
• 21:59
  So again, the idea is when you own gold and silver you retain
• 22:07
  real value and not nominal value.
• 22:09
  So if the market tanks 30% but gold only goes down 10% in a
• 22:14
  deflation, you've done much better by owning gold or silver.
• 22:19
  So, and I, and I think maybe another way to say it is gold
• 22:22
  and silver are the measuring stick, right?
• 22:25
  Like I think we sometimes get confused and look at the Dow or
• 22:28
  look at the dollar or the yen or whatever.
• 22:30
  No, gold and silver have always been the measuring stick, right?
• 22:34
  These things over any extended period of time have come and
• 22:39
  gone and in gold and silver, like you said, right, have been
• 22:42
  around for five, 5000 years. I know you're running short on
• 22:46
  time, Leor. What?
• 22:48
  What? What did I forget to ask you?
• 22:50
  What else do we need to communicate with the audience
• 22:53
  today? Well, I think if you're asking
• 22:57
  for some sort of a closing remark, I, I and and my wife got
• 23:04
  a new cat. I.
• 23:06
  Don't know you can. Hear that?
• 23:07
  It's it's funny. I can.
• 23:09
  Hear it Oriental, it's an Oriental cat and it's I didn't
• 23:12
  even know it was here. It's a it's like a little puppy.
• 23:16
  It's OK, you can. You can show them to the
• 23:17
  audience if you want. It's funny because one of our
• 23:19
  it. Looks like a bat.
• 23:20
  You don't want to see that thing.
• 23:22
  One of our cats broke into the basement during the first 3
• 23:25
  minutes of our live stream. I thought, oh God, I've.
• 23:28
  Never had this. Knock the camera over or
• 23:30
  something so. Well, I, I, I think, I think
• 23:34
  that really if you, if you think about 2026 and what you have
• 23:40
  between a new Fed chairman that is gonna rewrite and, and it's
• 23:45
  not just the Fed chairman, it's the way the Fed works.
• 23:47
  It's the way the Treasury works. It's the way that America goes
• 23:51
  back to work. I think that you are heading
• 23:55
  into if this is done right, into a prosperity period, not just
• 23:59
  for America but for the rest of the world.
• 24:01
  Because for the last 30 years, America was selling its parts
• 24:06
  off. The elites were enjoying life,
• 24:09
  but the average American was going nowhere.
• 24:12
  He was becoming just a normal westerner.
• 24:16
  He didn't have anything unique to to to bring to the table.
• 24:20
  He was sacrificed in endless wars in the Middle East.
• 24:26
  Is the rules change on him? On housing, He saw housing go
• 24:30
  down by 50%. He saw everything.
• 24:34
  If America goes back to greatness, that is great for
• 24:37
  everybody. Yeah.
• 24:38
  When America is great, it's great for the world.
• 24:42
  It's even great for China and for Russia.
• 24:44
  So that's nuts. I'm sorry about this.
• 24:49
  You're. Fine, they can't.
• 24:52
  They can't. Wants to.
• 24:53
  Might have something to say, no doubt about it.
• 24:55
  Might, it might be looking for some silver under the under the
• 25:00
  Metras. I think Ron, I'll, I'll, I'll
• 25:03
  let you go. And if you want to check out
• 25:07
  Wealth Research Group 3 * a week, Sunday, Tuesday and
• 25:11
  Thursday, we publish 5 to 6 minute reads, including my
• 25:15
  personal portfolio, What I think about geopolitics.
• 25:18
  Thank you for that. What I think about geopolitics,
• 25:20
  where I'm where gold and silver are going, etcetera, etcetera.
• 25:24
  This is it that, that's where you should subscribe.
• 25:28
  And this is our 10th year running.
• 25:31
  Yeah. And again guys, this is Wealth
• 25:33
  Research group.com, great site and full of really super
• 25:38
  interesting articles. You can learn more about about
• 25:42
  Leor there as well. Next time I talk to you, Leor, I
• 25:45
  want to talk about I read your back story, which was
• 25:48
  fascinating. I know you don't have time to go
• 25:50
  into it today, but you've you've LED quite a interesting and
• 25:55
  successful life and would love to hear more of that story and
• 25:59
  kind of what got you to where you are today.
• 26:01
  And I want to say thank you for joining me again, guys.
• 26:04
  This is the organs, the founder of Wealth research group.
• 26:08
  He reached out to me, one of his associates Tuesday of last week
• 26:12
  saying he wanted to come on today because he was concerned
• 26:15
  about the silver market and his prediction was correct.
• 26:19
  And like you said, we you don't want to be correct.
• 26:21
  You're not you're you're a long term silver, gold, copper bowl.
• 26:25
  But but you did a great job this time.
• 26:29
  I wish I'd listened to you and I bet a lot of people do earlier
• 26:33
  last week. But I think the the message that
• 26:36
  we got today is that long term, the precious metals are still a
• 26:41
  great place to be. And thank you so much, Leor, for
• 26:45
  joining me on behalf of myself and all of our viewers.
• 26:47
  Big honor to have you on here and thank you.
• 26:50
  Thank you very much all. Right, buddy, We'll see you next
• 26:52
  time.