Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER Investor⚡- THIS is the CULPRIT! - (MASSIVE Alert and News Update for Gold and Silver Price)

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⚡SILVER Investor⚡- THIS is the CULPRIT! - (MASSIVE Alert and News Update for Gold and Silver Price) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  Do you care about the price of silver and gold precious metal
• 0:04
  mining stocks? Well, there's one key fact that
• 0:08
  you need to accept and understand.
• 0:11
  There is nothing that will drive the price of all three of those
• 0:15
  gold, silver and the mining stocks like inflation, and we
• 0:20
  are heading into a period of inflation that likely most of us
• 0:24
  have never experienced during our lifetimes.
• 0:32
  Now, look, it may be a little confusing because we had
• 0:35
  inflation over the last few years and while the gold and
• 0:39
  silver price have done quite well, they didn't quite explode
• 0:43
  like many of us had hoped for. We have to understand that there
• 0:48
  are sometimes little periods, little quirky periods of time
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  where the dollar does actually when even when we have high
• 0:57
  inflation, maybe the price of gold and silver don't take off
• 1:02
  like they're supposed to. But I'll tell you what those
• 1:05
  periods of times that's like, if you're a gambler, do you like to
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  go to casinos? You go to the casino.
• 1:11
  Maybe you have a good night, maybe you even have a good
• 1:14
  little streak of luck at the casino where you actually beat
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  them. But you know, the reality, in
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  the end, the casino always wins. It's because of the laws of
• 1:27
  mathematics. Now, when we look at the gold
• 1:30
  and silver price and we look at these little periods of time
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  where maybe they don't quite react to the inflation rate like
• 1:37
  we had expected they would, we need to realize that's just like
• 1:42
  the gambler going to the casino and walking out with a little
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  extra money. It never last, right?
• 1:49
  The house always wins and when it comes to the price of gold
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  and silver, inflation always wins in the long run and will
• 1:59
  push up the price of gold and silver.
• 2:03
  Let's take a look at what Elon Musk is saying about inflation.
• 2:07
  Elon Musk had this to say about inflation recently.
• 2:11
  He tweeted The excess government spending is what causes
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  inflation and we know we have almost $2 trillion of excess
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  government spending right now. All government spending is
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  taxation. That is very important concept
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  to appreciate. It is either direct taxation
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  like income tax, right? You'll pay your income tax or
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  indirect taxation via inflation due to increasing the money
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  supply. When the government does not
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  have enough money to pay all their bills, what do they do?
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  They borrow. They increase the money supply.
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  What is an increase in dollars? What is an increase in anything
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  do it makes the value of the dollars go down.
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  And that, my friends, is the exact definition of inflation,
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  right? Devaluation of the currency
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  makes prices go up. When you go to your local
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  grocery store or you go to the gas station and at the end of
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  the day, the gold price and the silver price will react
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  favorably, will do a complete and proper accounting for the
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  devaluation of the currency. Not just in the United States.
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  No, this happened in ancient Rome.
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  It happened in the United Kingdom.
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  It's happened in Zimbabwe, it's happened recently in Venezuela.
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  The list goes on and on and on. Just because the United States
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  is the biggest and baddest doesn't mean that it's not
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  subject to the rules of mathematics.
• 4:03
  I could be dead wrong but if you think the value of the dollar
• 4:07
  might just go down and the value of silver and gold might just go
• 4:11
  up and you want to buy some bullion silver, gold or platinum
• 4:15
  group online, please do yourself a big big favor and just give
• 4:21
  channel sponsor pin backs a chance.
• 4:24
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• 4:29
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• 4:34
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• 4:37
  A company I absolutely trust. Thank you Pembex for sponsoring
• 4:41
  Ron's basement and making our group here possible.
• 4:44
  And while I have your attention, thank you for being here.
• 4:47
  Yes, you have a name. You're here.
• 4:50
  It's not Ron tube, it's YouTube. Thank you for being here.
• 4:53
  Please give this video a thumbs up.
• 4:55
  You can subscribe and become part of the tribe and super
• 4:59
  chat. Super thanks, PayPal.
• 5:00
  Donations never expected, always appreciated.
• 5:03
  So we talked about inflation. What's the next leg?
• 5:07
  What's chapter 2 to the whole story?
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  It gets even better, guys, because when we have inflation
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  coupled with a stagnant economy, that's called stagflation.
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  Now, you've likely heard that word and it just as the word
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  implies, that's what it means, a stagnant economy with inflation.
• 5:30
  I believe we could very easily be heading into that into 2025
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  and 2026. We're even starting to hear the
• 5:37
  mainstream media talk about it. Stagflation is the most fertile
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  soil. If you were a a corn farmer, it
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  would be the blackest, most fertile soil that you could
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  plant your corn seeds then. And stagflation is just that.
• 5:52
  For the silver and gold price, look no further than the 1970s
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  in the United States when the US dollar lost 75% of its value and
• 6:03
  the price of gold and silver skyrocketed.
• 6:06
  What do you see when you take a step back and look at the big
• 6:10
  picture? Doesn't it feel like being
• 6:12
  invested in gold, silver and precious metal mining stocks are
• 6:16
  a pretty good insurance policy. It'll be interesting to see how
• 6:19
  this will play out. I also want to thank channel
• 6:22
  sponsor First Mining Gold. They're a gold development stage
• 6:26
  company with two multi million ounce projects gold in the
• 6:29
  ground in Canada. You can learn more about them at
• 6:33
  firstmininggold.com and channel sponsor Fortuna Mining.
• 6:38
  They're an active producing silver and gold mining company
• 6:42
  operations in Latin America and gold mining operations in West
• 6:48
  Africa. Thanks for being here.
• 6:50
  Thanks for being part of the basement.
• 6:52
  Thanks for being part of the group of people that believe in
• 6:55
  the future of precious metals, the timeless value of silver and
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  gold. I appreciate you and I'll see
• 7:02
  you soon.