Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 🚨 ALERT 🚨 SILVER AND GOLD in Dire Economic Turmoil -- (Recession, Inflation, Stock Market Crash)

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🚨 ALERT 🚨 SILVER AND GOLD in Dire Economic Turmoil -- (Recession, Inflation, Stock Market Crash) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:00
We are having a very difficult day in the silver market and
0:04
gold market, but what do we have to come?
0:08
We'd expected this. We talked about it earlier in
0:11
the week. This was going to be the week
0:13
where the market became very scared that the Fed would
0:17
tighten monetary policy. But what big factors, including
0:23
things being said by people like Jamie Dimon from JP Morgan
0:28
Chase, what is Dr. Copper telling us about what's going
0:33
on? What is the Dow Jones Industrial
0:35
Average telling us about what's going on?
0:39
What is Moody's telling us about what's going on?
0:43
So when we look right now at the silver price, the gold price and
0:47
the platinum price, sure, we're going through a difficult day,
0:51
absolutely no doubt about it. However, we need to consider the
0:57
big picture. And guys, it's just the reality
1:01
that the economy is heading into a very, very difficult period.
1:06
And we're just going to go through a number of big facts
1:09
and and we're going to talk about the silver chart and the
1:13
silver price absolutely. But let's just run run through a
1:17
couple things that are happening.
1:19
Yesterday, the Dow Jones dropped almost 400 points.
1:23
Why? Because we had bad news on
1:26
consumer confidence. Go figure, right.
1:29
Wow. You think the consumer might be
1:31
under a little stress right now? Well, you know, their credit
1:35
cards are maxed out, their savings are going.
1:37
We've covered all that. We know that the consumer, the
1:40
middle class is suffering here in the United States, but we
1:44
also got big news about low sales in the new home market,
1:51
surprisingly low information. Again that employs a lot of
1:56
people throughout the country that required that that trickles
1:59
through to all types of manufacturing that a lot of it
2:04
goes on domestically here in the United States.
2:06
So things are not looking good in the US economy.
2:09
We're hearing about copper, we'll come back to that as well.
2:12
They call copper doctor copper. It's not a precious metal, but
2:16
it's a critical industrial metal.
2:19
Similar Ish in the same vein to silver in a lot of ways.
2:23
But we've got news about copper that that we need to pay to pay
2:28
attention to as well. What's a big name out there in
2:32
the market that everybody listens to when Jamie Dimon
2:36
talks? We may not like Jamie Dimon.
2:39
I'm not a big fan of Jamie Dimon.
2:41
You may not be a big fan of Jamie Dimon, the CEO of JP
2:46
Morgan Chase, but when he talks, people listen.
2:50
And now there are headline after headline coming out.
2:53
What is he talking about? What's what's that one economic
2:57
condition that will be the most fertile soil available period
3:03
for the silver price and gold price stagflation.
3:07
And he's warning the JP Morgan customers of a stagflation, airy
3:12
period ahead. If Jamie Dimon is talking about
3:16
stagflation, that's me. That's as mainstream as
3:19
mainstream gets, guys. You got to remember the last
3:22
time we had stagflation, most of us don't remember it.
3:26
I was a little boy. It was the 1970s.
3:30
Do you remember, Do you look, look back at what happened to
3:33
the silver price and the gold price during that stagflationary
3:38
period? It was absolutely crazy.
3:42
So days like today hurt. I get it.
3:44
You know, I'm hurting. My precious metal mining stock
3:47
portfolio has been decimated, especially over the last two
3:51
years, and the hits just keep on coming.
3:55
But nonetheless, we got to keep our eye on the big, big picture
4:00
of what's going on out there. And when we do that, we can see
4:04
that there's some. I've got to hold on a second
4:06
here. Bear with me.
4:07
Got a little technical problem. Bear with me.
4:10
There we go. Sorry about that.
4:12
My face was changing colors. I was like a like an Oompa
4:16
Loompa from Willy Wonka and the Chocolate Factory.
4:20
Nonetheless, we got to keep our eye on the big picture.
4:23
Yes, days like today are painful to own the metals.
4:27
And if you're somebody who is dollar cost averaging in and
4:31
buying more metals, a day like today could be a great, great
4:35
buying opportunity. But I've already got all the
4:37
metals I need, so I'm feeling pain.
4:40
You may be feeling pain as well. Things will get better.
4:45
Do yourself a favor, go back and look at the price of gold and
4:49
silver. Gold went up like 20 times,
4:52
silver like over 30 times from its low to its high during the
4:57
70s. Because you'll have inflation
5:00
with a stagnant economy. And man, it is just bad out
5:03
there. I'm tired of this, this BS about
5:07
how oh the economy is so resilient and and and labor
5:11
market is strong. Thank you Thomas for the Super
5:13
champ. My friend that the labor market
5:15
so strong and Bidenomics. I won't even go there.
5:19
I won't do my Joe Biden impression of it's working but
5:23
it's not working. OK, listen to this.
5:26
I thought this was interesting. I want to read you something
5:30
that that demonstrates the difficulty in the economy right
5:36
now. This was from Stansbury showed
5:38
up in my inbox last night. This guy said, did you know 57
5:43
American companies, most of them with 10 million to $1 billion
5:49
and assets went bankrupt last month.
5:52
In fact, we've we've officially hit more bankruptcies this year
5:58
than we did in the last two years.
6:02
That means America's bankruptcy rate is now on par with what we
6:06
saw basically during the great financial crisis.
6:09
Something that is something is just not right with the American
6:13
economy. And I know I'm not the only one
6:15
who feels that way. Even people I run to at
6:19
conferences or around the office say it feels like we're living
6:23
in some sort of silent depression.
6:28
I've never heard it put that way, and I unfortunately can't.
6:32
I didn't write the name of the author down.
6:34
It was an e-mail that came from Stansbury Research.
6:37
But a silent depression. I've heard recession, I've heard
6:41
stagflation, but that's a new way to say it, and I think it's
6:45
pretty darn accurate. It feels like we're in a silent
6:49
depression. I was talking to somebody last
6:52
night who has student loan debt, OK.
6:56
And they mentioned to me now I got to start paying back my
6:59
student loan debt. And I told him, I said, yeah,
7:03
you and millions of other people and there's big trouble out
7:07
there because like half. Did you know that half of the
7:11
people who have student loan debt in the United States,
7:14
they're going to have to start repaying on October 1st?
7:17
That's what, four days from now? They are saying they can't
7:21
afford to pay it? And why?
7:23
Well, because that money that three years ago they could use
7:27
to pay their student loan debts, that's now going to their
7:30
increased rent payment, food payment, gas payment, insurance
7:36
payments, all that. People don't have the money.
7:38
Is it a silent depression? And what does that mean for the
7:42
silver price and the gold price? Here's, here's what it means,
7:45
and we'll talk about this some more, right?
7:48
Remember, the Fed is always full of it.
7:51
There's no other way to really describe it.
7:55
Either they're really unintelligent or they're really
7:58
full of it, or they're just clueless about what's going on.
8:02
So the fact that right now they're saying, oh, we need to
8:05
be tough, we need to be tough and fight inflation, fight
8:07
inflation, well, that's great that they can say that, no doubt
8:11
about it. However, the reality is the
8:14
economy is slowing down in such a fast manner that they will
8:20
soon need to reverse course. And you've got analysts out
8:24
there that are saying that'll be the case as early as early 2024.
8:28
We don't know if things really get crazy.
8:31
If this 10 year bond yield continues to go higher and puts
8:36
such more stress on the consumer, on the banks, on
8:40
everything, they'll have to reverse course every.
8:43
I mean everybody's primed guys. We have been beat to a pulp by
8:47
the Fed silver and gold investors over the last two
8:51
years. I, I, I, I was.
8:53
I've been wrong and I'm the first to admit it.
8:56
This has lasted way longer than I or anybody else thought that
9:00
it would. OKA lot of that is because they
9:02
printed so much money. They presented, presented,
9:06
printed like 40, forty 40% of the US dollars that are in
9:14
circulation during the C19 crisis.
9:17
It's going to take a while. That was a unbelievable, massive
9:21
amount. OK, it's going to change.
9:24
And when it does, it's going to be rocket fuel for the gold,
9:28
silver and platinum price. We got 100 thumbs up.
9:30
I got to ring the bell. Look, we got a new spot for the
9:33
bells. What wrongs?
9:35
Wrong way. There's the bells.
9:42
Susie. Susie thought it'd be better.
9:44
I move them far away because some people, it hurts their ears
9:47
and I never want to hurt anybody in any way.
9:50
Hey, thank you for the thumbs up.
9:52
If you can give me a more thumbs up.
9:53
We got over 300 people on a Wednesday morning in the
9:56
basement. Hey, this is awesome.
9:58
Thank you. You guys are making my day and
10:02
we got way more to cover. Things are screwed up out there,
10:07
all right? I'm not.
10:08
I I I don't like it. You didn't cause it.
10:10
I didn't cause it. But things are absolutely
10:12
screwed up and people don't have a clue.
10:15
Have you noticed that a lot of your friends, family, coworkers,
10:20
a lot of people just in general, are just like asleep and have no
10:24
clue how difficult things are? But even more critical.
10:29
Even more critical. How difficult they can become
10:34
because we've got so much debt now.
10:36
That's the other major catalyst that we have for the precious
10:41
metals. It's like a trick up our sleeve.
10:44
Hey, sneaky sneaky boy. Sneaky girl.
10:48
We got a lot of women Stackers, Lady Stackers that have been
10:51
joining us. You got a trick up your sleeve.
10:55
You haven't even. We haven't even had the benefit
10:58
in the precious metals market of the big awakening.
11:02
That's what we'll call it, the big awakening, when suddenly all
11:07
those other people, the other 99% of the people wake up to the
11:10
fact that our country is bankrupt.
11:14
I'm that. That's not an unpatriotic for us
11:17
to say that, guys. That's a mathematical fact.
11:20
Our country is bankrupt. Nobody's talking about it.
11:24
Everybody is asleep. But when people do wake up, and
11:28
I heard this, that was not an original thought.
11:31
I heard that mentioned by a top analyst at Invesco last night,
11:35
She said, When people wake up to the fact that our country is
11:40
bankrupt, what does that mean long term for the value of our
11:44
dollar? What are the BRICS countries
11:47
realizing about the dollar? And maybe that's why they're
11:50
selling. They sold a trillion dollars and
11:52
and U.S. Treasuries last year, they're
11:54
buying gold. They're woken up when Americans
11:58
wake up because now America, you know, we're like, we're buying
12:01
our own debt At this point when Americans truly wake up and
12:04
realize the country is bankrupt, oh, maybe, maybe I need to put
12:10
my money into something that's real, that will store value,
12:14
that guys can be a major. That's the big take away.
12:19
A major, huge catalyst for the precious metals prices?
12:25
Absolutely. So hold on there.
12:28
Do we need to remember that bitch downgraded the United
12:32
States recently? OK.
12:34
Well then what would it mean if the only remaining credit rating
12:39
agency, there's three big ones, The only remaining one who
12:43
hasn't downgraded the US debt recently came out and said
12:48
especially if they can't get this government shutdown
12:52
situation rectified that it's going to put, it's basically
12:56
going to put the US credit rating on the chopping block.
12:59
And who was that? That was Moody's bitch
13:02
downgraded the debt. S&P got downgraded the debt.
13:05
Now Moody's. So when people wake up, you've
13:09
woken up. Good morning.
13:13
Wakey wakey, right. Wakey wakey.
13:16
It's when it's wake up time for everybody else and they're
13:19
forced to, to realize and recognize how bad things are.
13:25
They're going to want to get out of those dollars because they're
13:28
going to realize, just like Brazil, just like China, just
13:32
like Russia, just like India, just like Saudi Arabia, right?
13:36
Remember when the Middle East? They were kind of our allies,
13:40
but they're all waking up and saying we don't think we want to
13:44
have our our value, our wealth stored in that paper asset that
13:49
you have that continually goes down in value.
13:53
Not to mention that if you get mad at us, you can just
13:57
confiscate it whenever you want. All right.
13:59
Yeah. Today's hard for silver and
14:01
gold. Yeah, but I'm telling you guys,
14:03
when the pivot happens, let's just.
14:06
I hate that word pivot. You want to make me mad?
14:09
Send me an e-mail. You want to make me mad?
14:11
Some bright pivot in the comments.
14:15
But when the pivot does happen, maybe we'll warm up to that work
14:19
is the pivot will happen in real terms no matter how they, no
14:25
matter how they slice it and dice it and call it whatever
14:28
they want and make up whatever. The feds in trouble, the feds in
14:31
a box. Jerome Powell is in a box.
14:34
I'm hearing everybody copy off me now.
14:36
I'm not bragging, OK? But I'm hearing other Youtubers
14:40
and other content creators, another top analysts are all
14:43
suddenly saying Jerome's in a box.
14:45
I think what they've been doing. Hold on a second.
14:50
See, they've been watching Jerome.
14:54
Everybody say hi. Hi, Hello, Hello to Jerome.
14:58
Jerome is in a box. He's got a recession and he's
15:02
got inflation and he's got a bad case of stagflation.
15:08
And buddy, I'm gonna say it for the 4th time.
15:11
You can call me repeater Ron, just like Susie does.
15:14
That's OK. Stagflation is the most fertile
15:18
soil for the gold price, and the silver price bar none.
15:21
All right, so hold on, Hold on. Commercial real estate?
15:26
Nobody talks about that anymore. That's a bomb about ready to go
15:31
off in this country, especially as we head through 2024.
15:36
Be prepared. Banking crisis.
15:39
And this is what's going to happen during the banking crisis
15:41
that unfolds next year. Yeah, the big banks will get
15:45
bigger. They'll start to move us more
15:47
towards everybody. You know, just a couple of big
15:50
banks. Be prepared, be prepared for
15:53
digital money. Did you hear about this
15:57
Australian bank, $250 billion bank that it announced that
16:02
starting 2024, basically no more cash, You can't deposit cash,
16:08
You can't go into the branch and get cash.
16:10
You're not even going to be able to do telebanking.
16:13
The only way if you need cash out of this $250 billion bank is
16:18
if you go to one of their ATM's. They'll give you like 2000
16:22
Australian dollars, but you can't deposit cash.
16:25
OK. So we're going to head into a
16:28
very difficult time. It's going to be a banking
16:31
crisis. And how are they going to save
16:34
it? Right.
16:35
How are they going to save it? the Fed is going to save it, but
16:37
how is the vegan? They're going to save it with
16:39
your money. Yeah, they're going to print
16:43
money out of thin air. They're going to dilute you even
16:46
further so the likes of Jamie Dimon and Bank of America and
16:50
Citigroup can get bigger and bigger.
16:53
And the Fed will say, oh, we had to institute this new operation
16:57
Lollipop or Operation Zingzong or whatever they'll call it.
17:02
But it at the end of the day, what it'll be is further
17:06
dilution of the US dollar. And we'll see lower interest
17:09
rates and we will see higher silver and gold prices because
17:15
the real meat of what's going on right now out there is that
17:19
things are screwed up. And that's just speaking
17:23
domestically in the United States.
17:26
You didn't create it. I'm going to remind you, this is
17:29
not your fault. You are in no trouble.
17:31
OK. I didn't create it.
17:33
These quote UN quote leaders, Some people may refer to some of
17:37
them as crooks, and some of them are crooks created.
17:42
Excuse me? That's the reality.
17:45
And there's only and they're not going to let it all fall down
17:47
completely. So don't even worry about that.
17:51
They're going to come in and they're going to dilute it.
17:53
And it's going to be good, good days for for this inflation's
17:58
not going away, right? What's it like to be in?
18:01
I heard somebody talking about this the other day.
18:03
The like, the median home price in the United States now is
18:06
like, I don't know, 300, four, $100,000.
18:10
And the average income is like 60-70.
18:13
People can't afford houses. The middle class is getting
18:16
destroyed in this country just barely trying to make ends meet,
18:21
OK. And they won't let it stop.
18:24
They will lower rates again. They will liquidate the system
18:28
and gold and silver will fly and let.
18:30
There's something else going on guys that we haven't talked
18:34
about much that will have a big impact on how the FedEx, how the
18:39
economy acts in the coming 12 months could you know what I'm
18:43
talking about? We don't talk.
18:45
We know it's going to happen, but I don't know that we really
18:48
put the numbers together and remember what it's going to mean
18:53
for what the Fed does and what type of stimulus is created over
18:59
the next year. That's right, one year from now,
19:02
13 months from now we've got a presidential election.
19:07
You think they, I mean do you think that do you think they
19:09
pulled out a bunch of tricks during the during the during the
19:14
midterms Be prepared. There's going to be all kinds of
19:18
monkey business leading up to this next presidential election
19:23
not to OK. So that will be that will be a
19:26
bullish. That's a good sign.
19:28
That's a good supportive factor for the metals prices because
19:32
whatever they do to stimulate or to make things better, however
19:38
you however you want to say it, it's going to result in in, in
19:42
in in in free money being created to 1 degree or another.
19:47
We don't have to agree with it, disagree with it.
19:49
We're all entitled to our own opinions but it's going to be
19:52
diluted to the currency and and and here's another thing, the
19:58
contention, the fighting, the vicious vileness that goes on.
20:03
This is not a political show, all right, but the reality of
20:06
between the ultra conservative and ultra liberal side of
20:10
things. Is not going to be a.
20:14
It's going to create an environment of uncertainty,
20:17
possibly like we've never experienced before in this
20:20
country. And when there's high levels of
20:22
uncertainty, Silver, Gold, Platinum are safe haven assets
20:27
that people want to run to. Hey, while I have your
20:30
attention, thank you for being here.
20:32
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21:15
What else is going on? It, you know, here.
21:18
But you know how screwed up is the US economy, right?
21:22
We know I read something the other day trade this it's it's
21:26
laughable the way especially the mainstream media presents this.
21:30
It was talking about trade with China over the last year was
21:34
down by 3% and then it said something about oh and usually
21:40
that's indicative of a recession.
21:42
I'm like really? Really.
21:44
You think when trade drops by 3% between the first and second
21:49
largest economies in the world that maybe that could be a sign
21:53
of contraction? Isn't -3% contraction?
21:58
You know, things are nasty out there.
22:00
And when we look at the United States, is that enough?
22:04
What's going on here? Fiscally, monetarily,
22:07
politically, socially, everything?
22:10
All the debt, all the government debt, corporate debt, student
22:13
debt, all the debt, everything. How screwed up it's become.
22:18
But if we broaden our horizons a little bit when it comes to
22:22
uncertainty and and really tragedy going on right now in
22:28
the world, can we see, can we can we just look, just look at
22:31
one thing and that's the war going on right now in Europe.
22:37
Can you believe it? I said this yesterday, five
22:39
years ago if I we you and I. If if I told you that in five
22:43
year but there would be a all out war going on, would you have
22:47
believed me? Probably not, right.
22:50
I mean, it's just incredible what is happening.
22:54
What? It's incredible what's happening
22:57
in the Middle East. I'm going to tell you about
22:58
something that you if you're like most people and including
23:03
myself, because quite honestly, three years ago when people
23:07
talked about this, I was like, what?
23:09
Well, OK, yeah, you know, I've heard of that.
23:12
But what's the big deal? What's going on in the Middle
23:15
East right now is a massive, massive deal.
23:20
The United States economy derived massive benefits guys
23:25
since the mid 1970s from what's called the Petro dollar, from
23:30
forcing the world to trade oil in dollars that is unraveling as
23:37
we speak. Saudi Arabia. the United Arab
23:40
Emirates, right? No longer buying U.S.
23:42
Treasuries? That's sign #1.
23:44
What's sign #2? How about the fact that Saudi
23:47
Arabia and the United Arab Emirates are joining the BRICS
23:51
alliance? Things are coming apart, not
23:54
only domestically, potentially in the United States, but also
24:00
on an international scale, on a geopolitical scale.
24:05
We've got change like we've never seen, I'm 53, we've never
24:10
seen in our lifetimes. Be prepared, right?
24:15
Yeah, sure. Silver's getting clobbered.
24:17
We might be in for more pain in the gold price, in the silver
24:21
price. I mean, it's hard.
24:23
Is it hard for you? It's hard for me right now to
24:26
imagine, let's say, gold going below 1850 or silver dropping
24:30
below 22 or maybe even $20.00 an ounce right now.
24:36
But short term, they can play some serious, serious games.
24:41
The Comex and the LBMA can play serious games with the price of
24:48
the metals. But long term, as we look at
24:51
what's going on, I mean, remember what we talked about?
24:55
People in the United States, They aren't like you.
24:58
They aren't like me, right? They don't even They don't.
25:01
They don't. They don't.
25:03
They could care less about the national debt.
25:06
As long as they can, you know, eat their Burger King for dinner
25:11
and then watch TV for three hours at night, they're fine.
25:15
But when they start to wake up, when they start to really feel
25:18
and realize, Oh my gosh, we've got serious problems in this
25:22
country, that's when we're going to see people running to the
25:26
precious metals running. And like I just said, you and
25:30
me, what does it mean that were one in 200 people, one in 100
25:35
people that are that are making the decision to invest into
25:39
precious metals. That means that that number is
25:42
way below the longterm average, way below the longterm average.
25:49
And when those people, when just a few of them join us, when you
25:53
go from one and 200 to 10 and 200, you're talking about an
25:58
avalanche of money. You're talking about not being
26:01
able to find precious metals to buy any longer to convert your
26:07
paper money. You're talking about showing up
26:10
at your local coin shop and them saying, sorry, we don't have
26:14
anything and we don't really know when we're going to get
26:16
anything. And is that crazy to think that
26:19
that could happen because that happened during the C19 crisis,
26:22
it happened again earlier just this year, six months ago.
26:27
So yes, it can happen. It doesn't take those those were
26:31
prob. Those I think could be minor
26:34
occurrences in terms of demand increase relative to what we
26:38
could see in the near future. It could get super interesting
26:43
for gold and silver investors. And that's when you get, when
26:47
you get a wave of new people coming and that's when you get
26:49
those little windows of opportunity, those little
26:52
bubbles that can occur. Look, if you ever sold any of
26:56
your medals, I have never sold. I've lost a lot of money on
26:59
mining socks. My hands up, right, if I ever
27:03
sold any real metal, any real silver because I'm a silver guy,
27:07
no, I never have. But if you get that little
27:11
window of opportunity and be mentally prepared, OK.
27:14
And I never recommend, and I don't give financial advice, but
27:18
I don't ever recommend selling everything at once.
27:22
You can do whatever you want. I don't recommend buying
27:24
everything or selling everything.
27:25
But if we get a little window of opportunity where it's
27:29
unbelievable what you can trade some ounces of silver for in the
27:35
free market, you may want to consider doing it a third, a
27:38
quarter, 10%, half, whatever, whatever floats your boat.
27:42
But I would be mentally prepared for a bubble type opportunity.
27:48
And I I look, you know when I say bubble, I don't mean that in
27:52
a bad way, I just mean that the price just it gets to an
27:56
unbelievable value proposition in real terms, right?
28:02
I was talking to somebody the other day.
28:04
Like right now you can buy what, 10 loaves of bread for an ounce
28:07
of silver? If we get to a point where you
28:09
can buy 500 loaves of bread for an ounce of silver.
28:13
I don't know what the heck you do with 500 loaves of bread.
28:15
Have a big bread party. But you get my point.
28:18
It might be a wise decision to do some conversion of silver
28:22
into more other real assets at the time.
28:24
Maybe real estate maybe. Whatever the case may be.
28:27
It's an interesting time guys. I wit.
28:30
Oh here, here. This is crazy as things are
28:33
changing, right? The BRICS countries are selling
28:36
their treasuries. They're all dumping their
28:40
treasuries, OK? And what are they doing?
28:42
They're buying gold. What's super interesting?
28:45
I think it's Tavi Costa has this new chart out for the first
28:49
time, for the first time in 45 years.
28:55
OK, bonds are more volatile than gold.
28:59
What is that telling us right now?
29:02
What is that telling us? Well, you know what?
29:04
That's what we look at when we try to pull all this together.
29:08
What's going on in the United States.
29:10
What's going on in the world. And then the big, big picture
29:16
days like today that are painful for silver and gold investors,
29:20
painful for investors in precious metal mining stocks
29:24
become a little more tolerable. Look, I don't have a crystal
29:28
ball. I could be dead wrong.
29:30
Don't make any financial decisions based on anything I'm
29:33
saying. I would like to get the 200
29:34
thumbs up. I'll beg you one more time.
29:36
Please press the thumbs up. That would be awesome.
29:39
Hey, and other sponsor I want to talk about first mining gold.
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Everybody knows Keith Newmeyer started the company.
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Keith Newmeyer's continued to buy stock in the company over
30:02
the year, over the years in the free market, OK, they've got 25
30:06
million ounce projects, development stage projects in
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Canada. They've also got four other
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projects and they are right now on top of the two 5 million
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ounce projects drilling to find even more gold.
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So check them out. It's an interesting,
30:23
unbelievable value opportunity and 1st mining and all the
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development stocks. But mining stocks are risky,
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right? I'm not giving financial advice.
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I'm just telling you it's something that I own and I've
30:35
owned for years. The stock symbol is FF MGF.
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Frank. Frank.
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Mary George. Frank.
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All right, guys, Thank you for joining me today.
30:45
I hope you're doing well. Let's hang in there.
30:48
Things will get better in the precious metals.
30:51
Oh, I got to ring the bell. Oh, my God.
30:53
Hold on. Let me know if that's too loud.
31:05
Okay. But you guys are awesome.
31:08
Thanks for being here. I will see you tomorrow.