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⚡Robert Kiyosaki Said THIS!⚡Silver Investors PREPARE⚡- GOLD Price Update Too · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  A stunning statement about silver from Robert Kiyosaki.
• 0:05
  We're going to talk about why, but also today is a critical
• 0:08
  major day for the precious metals prices.
• 0:11
  It's the end of the month and it's the end of the quarter.
• 0:15
  And we want to look at the reasons why that is so critical
• 0:18
  as well, because we got a lot to look forward to in the coming
• 0:21
  months, quarters and years. And it just doesn't stop, guys.
• 0:26
  Big reasons why a billionaire has bought massive amounts of
• 0:30
  silver. And on top of it all, Texas.
• 0:35
  We love Texas. Hello, Jake from Jake's Custom
• 0:38
  Parts, right? Our friend in Texas is doing
• 0:41
  something crazy with silver and gold.
• 0:44
  We're going to dive into that as well.
• 0:45
  Thank you for being here. Thank you for being part of the
• 0:48
  basement. This is not possible without
• 0:50
  you. We love to talk about silver and
• 0:52
  gold. Please subscribe to the channel.
• 0:55
  Give the video a thumbs up. Super chat, super thanks are
• 0:58
  always never appreciated. Oh wait a minute.
• 1:01
  Never expected, but always appreciated.
• 1:05
  Oh well, we're live, right? OK guys, let's talk about Robert
• 1:08
  Kiyosaki first and why what he says can make us even more
• 1:12
  optimistic as we look at these month end and quarter end
• 1:16
  numbers. Let's go out to Robert
• 1:18
  Kiyosaki's most recent just over the weekend tweet where he says
• 1:23
  something stunning. Now Robert Kiyosaki is the
• 1:25
  author. Super rich guy.
• 1:27
  Author of A Rich Dad, Poor Dad, regarded as a financial expert,
• 1:33
  a financial guru. He says reminder, rich lesson,
• 1:38
  Your profits are made when you buy, not when you sell.
• 1:43
  And then he goes on to say silver is the best asymmetric
• 1:48
  buy today. Don't worry, I'm going to
• 1:50
  explain that to you. That means more possible upside
• 1:54
  gain with little downside risk. Silver price will explode in
• 2:00
  July. I agree with him on that 100%.
• 2:03
  How do you feel? Do you feel July is going to be
• 2:05
  an explosion in silver? Everyone can afford silver today
• 2:10
  but not tomorrow. Take care.
• 2:13
  OK, So what is an asymmetric? Buy real quickly.
• 2:16
  Asymmetric means a fancy way of saying not equal.
• 2:20
  It means the upside potential far outweighs the downside risk.
• 2:25
  For example, with silver, what he's saying is that currently at
• 2:28
  around 35 or $36 per oz for silver, by his estimates, maybe,
• 2:36
  maybe worst case scenario, silver could go down 3, four, $5
• 2:40
  per oz. But on the upside, it has
• 2:43
  potential to do something like double or triple in value.
• 2:47
  So the downside risk is nowhere near as equal to the upside
• 2:52
  potential. Now, again, that's all based on
• 2:55
  on people's estimates. I agree with it.
• 2:57
  Do you agree with it? I don't know.
• 2:59
  It seems very, very reasonable to me.
• 3:02
  Now I'm the guy who sat down here for years when silver was
• 3:05
  $1518 per oz and pounded the table.
• 3:08
  Remember basement dwellers saying silver's undervalued?
• 3:12
  Silver's undervalued. Do you still believe it is?
• 3:16
  I believe that it is. Now why is today June 30th such
• 3:20
  a critical, critical day for the precious metals prices?
• 3:24
  Because it's the end of the quarter, it's the end of the
• 3:27
  month. But in particular with silver
• 3:29
  today is critical. Let's go out to our friend bald
• 3:32
  guy Money who talks about the month end numbers today.
• 3:36
  Thought he brought up a really great interesting point here
• 3:40
  when he says on X if Silver holds above $35 on Monday, that
• 3:47
  would be today. That is a major confirmation of
• 3:50
  its breakout and the highest monthly close since August of
• 3:56
  2011. Yet some are panicking.
• 3:59
  OK, now let's talk about the quarterly numbers and why that's
• 4:03
  so important. We're going to go out to Tavi
• 4:05
  Costa. OK, Silver is on the verge of a
• 4:08
  major breakout in my view from one of the longest cup and
• 4:12
  handle formations I've ever. So when we look at silver, we're
• 4:15
  not quite here yet. But when we consider what, when
• 4:18
  we consider what Robert Kiyosaki said, when we consider that
• 4:23
  we're about going to have the highest monthly close since 2011
• 4:27
  because it's looking real good. And then we look at the
• 4:30
  quarterly numbers again on this chart from TAVI.
• 4:34
  What we see guys, I'm going to show this to you every day like
• 4:38
  I did with the gold chart back in the day until it happens and
• 4:42
  it will happen. We're going to, we're going to
• 4:44
  pick. We're going to pick.
• 4:46
  Let's do light blue today. I think that'll show up nicely
• 4:49
  on this chart. This is the quarterly.
• 4:53
  That's not good. Hold on, sorry, we're live.
• 4:57
  How are you today? Hopefully you guys can still see
• 4:59
  me and hear me. There we go, circled quarterly
• 5:01
  candle. So each one of these candles is
• 5:04
  a quarterly close here is $37. We most likely are not going to
• 5:10
  do it today, however. However, when we look at a long
• 5:14
  term chart going all the way back to 1980, there's the cup,
• 5:18
  there's the handle, OK, there's $37 next quarter, third quarter.
• 5:24
  Will we break up here? Because if we do, guys, this is
• 5:28
  the most beautiful longest cup and handle pattern people are
• 5:33
  saying in the history of the world.
• 5:35
  It could be absolutely exciting as we move into these next three
• 5:41
  months, be prepared, be prepared.
• 5:44
  People that have laughed at us for saying we thought silver was
• 5:47
  going to go to the moon. People who laughed at us when
• 5:50
  silver was $1815 per oz and said, oh, you're crazy, silver.
• 5:55
  Silver will never break out. We could be seeing it and we
• 5:59
  could be seeing it very, very soon because there just isn't
• 6:03
  hardly any resistance up above those levels.
• 6:06
  OK, let's talk about the billionaire.
• 6:08
  What did he say about silver? All right, this is a a
• 6:11
  billionaire and we'll go out here to the Gray Rabbit Finance,
• 6:18
  Gray Rabbit finances Substack. I think it's our first time
• 6:21
  featuring them here on the channel.
• 6:24
  And it says The Dark Knight of silver meet the billionaire
• 6:27
  betting a billion dollars on monetary collapse.
• 6:30
  Who is David Bateman and why is he hoarding 12 million ounces of
• 6:34
  silver as as the $300 trillion debt bomb text talking about the
• 6:40
  debt bomb that we have in the world.
• 6:42
  OK, meet David Bateman. Not Bruce Wayne, but close.
• 6:47
  He's the billionaire tech founder of Intrata and now
• 6:51
  apparently the newest self self styled guardian of sound money
• 6:55
  and his recent moves Or any indication he's not waiting for
• 6:58
  the collapse, he's positioning for it.
• 7:00
  There he is, right there. Looks like a young smart guy.
• 7:03
  He is a billionaire. In a tweet that feels more like
• 7:06
  a financial manifesto, Bateman casually revealed over the past
• 7:09
  six months he has invested close to $1 billion.
• 7:13
  Is he the new Hunt brothers? Is he the new Warren Buffett in
• 7:17
  precious metals, including a purchase of almost 13 million
• 7:21
  ounces of silver. Hey guys, I want to mention to
• 7:25
  you, if you want to get your hands on some silver, it's time
• 7:27
  for us to say thank you to channel sponsor First Mint.
• 7:31
  They make this gold and silver content possible as a matter of
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  in fact, I have a 5 oz bar I'm going to show you right now from
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  First Mint. And I got to let you out a
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  little secret. This is Susie's upstairs,
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  Susie's favorite. It is beautiful, but it's not
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  just bars. They have unique rounds they
• 7:49
  produce as well. You can check them out at their
• 7:51
  website, firstmint.com. Now they're owned by First
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  Majestic Silver. That's Keith Newmyer's
• 7:58
  juggernaut silver mining company.
• 8:00
  So with First Mint, you get a unique proposition, right?
• 8:04
  They're probably probably the only meant I know of that mines
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  their own silver. They mine the silver through
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  First Majestic in Mexico. It goes straight to their mint
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  in Las Vegas, NV where they create world class silver
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  bullion products. And then where does it go?
• 8:20
  It goes directly to you. Did you notice anything?
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  There's no COMEX, there's no LDMA in that process from the
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  You can learn more about them at first mint.com and they have a
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  I think you'll be happy. They've got great service
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  selection and they're a company you can trust, right?
• 8:46
  Keith Newmeyer, highly regarded in the precious metal sector.
• 8:50
  Let's get back to this billionaire and, and, and see
• 8:53
  why he is buying silver. Let's just go straight to his.
• 8:56
  There's all these other tweets that came out after he disclosed
• 9:02
  that he has a billion dollars worth of silver.
• 9:04
  Let's just read through this. It's scary.
• 9:06
  Here's the reasons why I've invested close to a billion
• 9:10
  dollars in precious metals, gold and silver over the last six
• 9:14
  months. OK, including the purchase of
• 9:17
  1.5% of the annual global silver supply.
• 9:21
  First, he says the global monetary system is about to
• 9:24
  collapse. The Great Reset OK, the Basel
• 9:27
  end game the next The biggest credit bubble in history will
• 9:30
  soon pop over $300 trillion. Next.
• 9:34
  There's no way the US can refinance its 28 trillion in
• 9:38
  maturing Treasuries in the next 4 years without an obscene
• 9:42
  amount of printing. Trump tariffs are hastening the
• 9:45
  collapse. Gold and silver the only
• 9:47
  meaningful life raft. Physical possession is
• 9:51
  everything. The whole world right now is a
• 9:54
  sophisticated game of musical chairs.
• 9:56
  The chairs are precious metals, he says.
• 9:59
  Crypto is a psyop, okay. Real estate, crypto, stocks, and
• 10:03
  bonds will all lose significant value compared to precious
• 10:07
  metals. The banking system has been
• 10:09
  meticulously designed to seize your assets to buoy up a
• 10:13
  collapsing banking sector. The great taking?
• 10:16
  You have 0 counterparty risk with precious metals, meaning
• 10:20
  when you own silver, when you own gold, and if you hold it in
• 10:23
  your possession, there's no other person you're relying on
• 10:26
  for that value. There's no counterparty risk, he
• 10:29
  says I'm up 20%, blah blah blah. OK, Some people may or may not
• 10:34
  agree with his thoughts on crypto.
• 10:37
  I do think that crypto that does represent a form of value
• 10:42
  outside of the Fiat paper money system as well.
• 10:46
  But nonetheless, that's a billionaire.
• 10:49
  Take a step back, a young billionaire, a smart
• 10:52
  billionaire. He's talking very positively
• 10:55
  about gold and silver. Now we're going to talk about
• 10:58
  big news out of Texas next. But first let's talk about first
• 11:02
  Mining gold. They also sponsor the Ron's
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  basement content. They make it possible for me to
• 11:07
  be here with you for us to hang out.
• 11:10
  First Mining Gold is a gold development stage company with
• 11:13
  two multi million ounce projects in Canada, Spring pole and on
• 11:18
  Ontario and Du Parquet in Quebec.
• 11:21
  They got millions of Oz of gold in the ground.
• 11:24
  Tons of money were spent over decades to drill and define that
• 11:29
  this gold is in the ground. So now first mining gold is in
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  the process exciting process with catalyst involved of moving
• 11:37
  these projects through the permitting the development
• 11:40
  phase. You can learn more about them at
• 11:42
  firstmininggold.com. But let's move down now to Texas
• 11:48
  and talk about big news we get from Texas.
• 11:50
  A couple things we want to look at here is just over the
• 11:54
  weekend, what does it mean when the governor of Texas tweets
• 12:01
  this? OK, Greg Abbott just yesterday,
• 12:05
  yes, June 29th, puts out a tweet where he states I signed a law
• 12:13
  authorizing Texans to use gold and silver as legal tender in
• 12:18
  day-to-day financial transactions.
• 12:21
  Gold and silver as legal tender in day-to-day financial
• 12:25
  transactions. It fulfills the promise of
• 12:28
  Article 1, Section 10 of the US Constitution.
• 12:32
  Now, let's go over here and dig into this just a little bit.
• 12:36
  This is Texas, guys. Who alone, right?
• 12:39
  Texas, if it were its own country, right, their economy
• 12:42
  would rival that of most of the other countries in the world.
• 12:47
  OK, Texas authorizes gold, silver as legal tender for daily
• 12:52
  transactions in yellow Texas made a significant move in the
• 12:59
  in the realm of Financial Policy by authorizing gold and silver
• 13:02
  as legal tender for daily transactions.
• 13:04
  Governor Greg Abbott signed a law that recognizes these
• 13:08
  precious metals as a form of currency, making Texas the first
• 13:14
  US state to implement this initiative on a large scale in
• 13:20
  purple. This development offers Texans a
• 13:24
  new financial choice, integrating gold and silver into
• 13:28
  the state's legal tender system. All right, finally in red, the
• 13:33
  law enables day-to-day, day-to-day transactions through
• 13:37
  the Texas Bullion Depository. Oh yeah, that's right.
• 13:42
  Texas built their own bullion safe.
• 13:45
  But the depository Suppose whatever which is overseen by
• 13:50
  the state comptroller's office, OK, so it's regulated.
• 13:54
  While this move does not immediately impact crypto
• 13:57
  currencies, it does open the door to potential long term
• 14:01
  market implications, especially if these metals are tokenized
• 14:06
  through the blockchain technology.
• 14:08
  This is very interesting guys, because Texas, which has a a
• 14:12
  regulated and audited state depository, there's potential
• 14:17
  that they could tokenize that gold, right?
• 14:20
  Not unlike what, what, what they've done with, with XAUT
• 14:24
  where there's a crypto token that is absolutely backed up by
• 14:29
  real gold, real silver. It's very exciting what Texas
• 14:33
  could be doing here. OK.
• 14:35
  The immediate effects are primarily financial, influencing
• 14:38
  market perceptions and reflecting broader political
• 14:41
  motivations. This step underscores Texas's,
• 14:45
  Texas's, Texas's Texas unique approach to finance, which is
• 14:52
  largely independent of federal oversight.
• 14:56
  So Texas, OK, apparently told this guy, where'd he go?
• 15:02
  Here he is, our old friend. He's going to be giving a
• 15:04
  speech, I think tomorrow, Jerome Powell, the Federal Reserve,
• 15:08
  that we're going to follow the Constitution.
• 15:10
  We're not real fond of this stuff here, right?
• 15:13
  Paper money. OK.
• 15:16
  So very interesting development. Texas, again, is a huge economy
• 15:22
  standing on its own. It rivals that of like a lot of
• 15:25
  the big major countries of the world.
• 15:28
  So much going on. This is a big, big, big, big
• 15:31
  time period that we are living through right now for precious
• 15:36
  metals, for any investments, even crypto.
• 15:38
  They're outside of the Fiat paper money system.
• 15:42
  Listen to what the billionaire said, right?
• 15:45
  Hey, this thing's doomed. I don't want to be, you know, a
• 15:48
  profit of doom. Who knows how much longer it can
• 15:51
  go on? But simple math and a calculator
• 15:54
  will tell us, right, that the US dollar is facing some serious,
• 15:58
  serious challenges. Then on top of that, we know
• 16:03
  what's been happening when we when we decide to measure the
• 16:06
  value of this right precious metals, there's that 5 oz bar
• 16:11
  from First Men. When we decide to use the US
• 16:13
  dollars, the unit of measure, which we've all been pretty much
• 16:16
  brainwashed into doing throughout our whole lives.
• 16:21
  We know we know that where we are right now with silver from a
• 16:26
  month and close perspective and we're going to get it right.
• 16:29
  I mean, unless they like if they bash silver below $35 today, I
• 16:34
  think, you know, people will go nuts, crazy, OK?
• 16:39
  And what we have to look forward to on a quarterly basis when we
• 16:43
  listen to people like Robert Kiyosaki, who's telling us about
• 16:47
  the asymmetric opportunity right now in silver, all precious
• 16:52
  metals are in for some very, very good times ahead.
• 16:57
  I want to say thank you for joining me today.
• 16:59
  I really do appreciate it. We'd love to talk about the
• 17:02
  precious metals. We'd love to protect ourselves.
• 17:05
  I think that's what we're really after ourselves, our loved ones,
• 17:09
  right? But I want you to feel like
• 17:10
  you're welcome here in the basement because you are right.
• 17:13
  This is a, this is the, the, the miracle of technology that
• 17:17
  allows us to get together, hang out right and talk about what's
• 17:21
  going on out there. This is a community.
• 17:24
  You're a critical part. I want you to come back.
• 17:27
  Please don't forget, subscribe to the channel #1 take care of
• 17:30
  yourself. Be well and I'll see you soon.
• 17:33
  And oh, and one more thing. Let's go Silver.
• 17:37
  Hi, ho Silver.