Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **ALERT** SILVER Just had a BIG Change

Transcript

**ALERT** SILVER Just had a BIG Change · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  I do believe that we could see $38 silver by May.
• 0:05
  I know that's three months from now, but we are witnessing and
• 0:10
  we may not realize it. But right now, I believe we're
• 0:13
  feeling a major shift in the foundational reasons why silver
• 0:19
  and gold go up in value, a major change in the weather pattern.
• 0:25
  However you want to say it, the tide has turned, my friends.
• 0:29
  We may not want to believe it, but the big underlying trend has
• 0:34
  shifted and will provide more and more support for the gold
• 0:38
  and the silver price as we go through the rest of this year.
• 0:42
  Hey, look, I could be wrong. Don't make any financial
• 0:44
  decisions based on anything that I say, but I believe that that's
• 0:48
  my truth. And it started back in December.
• 0:52
  Let's not forget Jerome Powell pivoted back in December.
• 0:57
  He basically said we are going to be instituting looser, more
• 1:02
  accommodative monetary policy, lowering interest rates in 2024.
• 1:08
  He pivoted. That was the big Why would he
• 1:12
  have said that, right? I mean, that's the last thing
• 1:14
  that he wants to say is they're supposedly fighting inflation,
• 1:17
  which they're really not. We've talked about that ad
• 1:20
  nauseam, but that's the big pivot that occurred back in
• 1:23
  December. But let's talk about now, let's
• 1:25
  look at some of the evidence of what's happened since then and
• 1:29
  how that relates to what I think can be a $38 silver price.
• 1:33
  Do you think that we could have $38 by May?
• 1:37
  Look, it's, it's a prediction that we're making.
• 1:41
  I believe it. I also think we can get the 2600
• 1:44
  in gold. I know it's very aggressive.
• 1:47
  I know the odds are likely against it happening, but I
• 1:52
  don't think we're giving it enough support, enough attention
• 1:57
  of the fact that guys we look I got news for you.
• 2:00
  Basement dweller #1, Thank you for being here.
• 2:04
  Number two, please give this a thumbs up #3.
• 2:08
  You can subscribe to the channel at any time.
• 2:10
  It's absolutely free and it helps us get the word out to
• 2:14
  more people. But the real message I have for
• 2:17
  you, precious metals investors is the prices can go up.
• 2:21
  It's OK. We've been beaten into
• 2:24
  submission over the years. In particular, if you're a
• 2:28
  silver investor, you've been abused.
• 2:31
  We've been we, we, you are the victim of abuse, price
• 2:34
  manipulation, right? A purpose, a purposeful action
• 2:41
  by the powers that be to induce volatility into the precious
• 2:45
  metals markets. It's on paper, right?
• 2:48
  We we can. People have spent their whole
• 2:50
  lives looking into it. The price of silver, the price
• 2:55
  of gold are manipulated. They purposely injected
• 2:58
  volatility into the futures markets to discourage people
• 3:03
  from investing, to demoralize them.
• 3:06
  OK, you've hung strong. I've hung strong.
• 3:09
  We're going to get into more of the evidence why we are.
• 3:11
  But I just want to tell you it's OK for silver to go to $38 by
• 3:17
  May. It'll be OK.
• 3:19
  We'll be OK. We can.
• 3:20
  We deserve it. The price should be at that
• 3:24
  level. It could go even higher, right?
• 3:26
  It could go even higher, but what other evidence do we have?
• 3:33
  So we know the Fed pivoted, but what's the next bit of the
• 3:36
  evidence that we want to look at?
• 3:38
  Let's just talk about the body blows that we've received over
• 3:41
  the last month or so. The first one was the Q4 GDP
• 3:45
  number that was supposedly do you believe that the Q4 GDP
• 3:50
  number was really as good as it was?
• 3:52
  Right. A lot of the increase was based
• 3:54
  on the sales of REC, recreate, REC, rec recreational vehicles.
• 3:59
  They also did a little funny business with the math on it
• 4:02
  with the price deflator. They didn't really apply as much
• 4:06
  inflation into the numbers. So it made it look much, much
• 4:10
  better. OK, I know it's bionomics, we
• 4:13
  know it's working right. We know that.
• 4:16
  But nonetheless, that was bad for the price of gold, the price
• 4:20
  of silver, this great Q4 supposed GDP number, but what's
• 4:24
  next? Then we got the January jobs
• 4:27
  number. Remember that right?
• 4:30
  350 zillion jobs make believe jobs.
• 4:37
  They must all be in the land of Oz or something like that.
• 4:39
  But anyway, the Bureau of Labor and Statistics put out
• 4:43
  unbelievable jobs numbers. Bad for the price of silver and
• 4:47
  gold. Boom, boom, boom, right?
• 4:50
  Good Q. You know, good Q4 GDP, good jobs
• 4:52
  numbers, right? The the reality is, I've heard
• 4:55
  numbers as high as 2 million that the economy actually lost
• 4:58
  millions of jobs during January because they do seasonal
• 5:02
  adjustments to the numbers, right.
• 5:05
  They can come up with, oh, we created 350 zillion jobs, make
• 5:09
  believe jobs, right. I mean, Joe must be sitting
• 5:12
  around the White House looking around saying, hey, look at all
• 5:15
  these people working here, huh? Right.
• 5:18
  Yeah, whatever. UK whatever.
• 5:20
  Then we had the Fed meeting where they were more hawkish.
• 5:23
  What I'm trying to point out to you here guys is we have been
• 5:26
  hit right since the beginning of the year with news that was good
• 5:32
  for Bidenomics but bad for precious metals investors, OK.
• 5:37
  And the Fed came out and then they did their and I want to
• 5:40
  point this out to you have you has it has it sunk in to you yet
• 5:44
  that the Federal Reserve. I'm gonna ask you a question is
• 5:48
  the Federal Reserve is the Federal Reserve came out with
• 5:51
  there were more hawkish bad for gold and silver boom.
• 5:54
  You got hit again with a body blow right.
• 5:57
  But then they rolled out the clown show as we like to call it
• 6:00
  after Jerome talks. Then the following week, all the
• 6:03
  governors, all the Fed governors go out and they give their
• 6:07
  speeches and they were all hawkish.
• 6:09
  And we have to fight inflation. We are higher for longer, which
• 6:13
  is bad for the price of silver and gold.
• 6:15
  And there's a big kicker at the end of this list.
• 6:18
  So stick with me. But I want to ask you a
• 6:20
  question. Has it ever occurred to you that
• 6:23
  the Federal Reserve is now less of a bank and more of a public
• 6:28
  relations firm? If you think that the Fed has
• 6:31
  become more of a public relations firm than a bank, do
• 6:34
  what I'm doing. Participate.
• 6:37
  Put on your caps lock and type PR, public relations.
• 6:42
  Right. And if we were still on the gold
• 6:44
  standard, if our money still meant anything, think of think
• 6:48
  this, this is a key point to to, to that drives home why we buy
• 6:52
  silver and gold. If our money was still real,
• 6:56
  right? the Fed wouldn't have to be a
• 6:58
  public relations firm. The Fed wouldn't have to play
• 7:01
  mind games with the market. the Fed would just be managing the
• 7:05
  money supply. Everything would be tethered to
• 7:08
  real assets. And we might have another period
• 7:11
  of greatness in this country. But I digress.
• 7:14
  That's not the point of this video.
• 7:15
  The other thing now Boom, boom, boom, boom, boom, boom, boom,
• 7:21
  boom. Then they hit us this week.
• 7:24
  High inflation numbers, right? Oh my gosh.
• 7:28
  Inflation is going is, is. You know the headline high
• 7:31
  inflation numbers. The point is GDP, January jobs,
• 7:36
  the Fed, high inflation, all of those should be killing the
• 7:40
  silver price and the gold price. But I got news for you basement
• 7:44
  dwellers, OK, that's that, besides that UK flag.
• 7:48
  And I'm going to get to that in a minute.
• 7:50
  Getting my attention, I got news for you.
• 7:52
  It's not killing the price of gold and silver.
• 7:55
  Gold and silver are like Rocky Balboa at the last 15 minutes of
• 8:00
  the movie when he's on the mat and you think, Oh my gosh,
• 8:02
  Rocky's finally going to die. No, gold and silver are still
• 8:06
  there. They're still strong.
• 8:07
  They're like a big brown bear. You ever go to the zoo and look
• 8:12
  at those big brown bears now? They're big.
• 8:14
  They're mean. They're golden.
• 8:17
  They hibernate. Gold and silver have just been
• 8:20
  hibernating. They haven't lost any of their
• 8:22
  strength. And the good news is that over
• 8:24
  the last month and a half since, this horrible 2024 so far has
• 8:30
  started, despite everything but the kitchen sink being thrown at
• 8:35
  you and me, precious metals investors, I'm animated today.
• 8:39
  I don't know why none the less, huh?
• 8:42
  The price of gold and silver are holding strong.
• 8:44
  Now if you want to get your hands on some gold and silver
• 8:46
  before it's all gone, or if you think the price is going to go
• 8:49
  up as measured in Unicorn fart dust dollars.
• 8:52
  If you want to convert some of your hard earned cash into
• 8:55
  something real, baby, something like this A1 oz coin that will
• 9:01
  hold its value as long as I hold it.
• 9:03
  Real money, real wealth, do yourself a favor and go check
• 9:07
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• 9:13
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• 9:30
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• 9:33
  But you need to find that out for yourself.
• 9:34
  So next time you're looking to buy some silver, gold, Platinum,
• 9:38
  or Palladium, maybe. I'm not sure if they have
• 9:39
  Palladium, so don't quote me on that.
• 9:41
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• 9:43
  I think Pinbex is best. Pi, MB, EX.
• 9:46
  Pinbex. It's fun to spell, it's fun to
• 9:48
  say, and it's fun to save money and get more metal for your
• 9:52
  money at Pinbex. I digress.
• 9:55
  Here, here's the here's the here's the here, here.
• 9:58
  Are you ready? Here it is.
• 10:00
  This is it. This is the meat, a week that
• 10:03
  saw hotter than expected, CPI and PPI.
• 10:08
  We're going to talk about why today.
• 10:11
  OK. We're sitting at the precipice.
• 10:13
  The precipice, OK. In a week where we had a high
• 10:17
  CPI number, that's consumer inflation and a high PPI number,
• 10:22
  that's wholesale inflation. So CPI is what you pay.
• 10:25
  That's what you're worried about.
• 10:27
  Oh, and we know prices haven't gone up, right?
• 10:30
  No, it's bionomics, it's working and PPI, producer price index,
• 10:36
  that's the prices that businesses sell things to each
• 10:40
  other. It's like the wholesale
• 10:41
  inflation, both were super high, OK.
• 10:46
  And and we had weaker than expected retail sales, OK.
• 10:52
  Industrial production, housing activity, CPI inflation, up PPI
• 11:00
  inflation, up retail sales and industrial production and down
• 11:07
  housing activity. And and they're even talking
• 11:11
  about it now. Our old friends at CNBC
• 11:16
  Stagflation. The S word.
• 11:23
  Remember that, basement dwellers?
• 11:25
  There'll be a quiz at the end of the year.
• 11:28
  What is the S Word? Stagflation.
• 11:32
  The most fertile soil in the history of the universe for the
• 11:36
  silver price and gold price. Everything's been thrown at us.
• 11:40
  GDP ever Bubba, Silver, gold doing well.
• 11:43
  Now they're all talking about stagflation.
• 11:47
  I saw it on Yahoo Finance. See, I heard them on CNBC.
• 11:51
  I got a big TV right up behind you that I listen to sometimes
• 11:55
  in the morning. I listen to CNBC for about 10
• 11:56
  minutes. Stagflation, just like the
• 11:59
  1970s. And do, you know, is my mic on?
• 12:03
  Can you hear me? Do you know what happened to the
• 12:06
  price of gold and silver in the 1970s?
• 12:10
  You need to look it up. Don't trust me, right?
• 12:13
  Trust yourself. And if you look it up what
• 12:15
  you're going to find, Silver went from $1.50 to $50 And that
• 12:21
  $50.00, that silver hit in 1980. I was 10 years old.
• 12:27
  I remember that day very well. I was very happy, right Silver,
• 12:31
  that $50. According to Coin Shop, Chris
• 12:33
  and his vast statistical knowledge, that $50 silver that
• 12:38
  you got back in 1980, in today's dollars that would be like
• 12:41
  $187.13 or something like that, $184.
• 12:47
  Who cares? Anything over 150, we're happy.
• 12:50
  All I'm saying is $38 by May. What do you think?
• 12:54
  I think it's absolutely, absolutely possible.
• 12:58
  Now it gets even more. Get ready, OK, Make sure you're
• 13:03
  sitting down for this. And this is the absolute truth
• 13:08
  I'm going to share with you right now.
• 13:10
  I talked to the Silver Hermit earlier in the week.
• 13:14
  Oren, OK. I think he's one of the
• 13:16
  brightest minds in the precious metal sector.
• 13:19
  He's just getting started. His channel is growing like
• 13:22
  crazy. He makes unbelievable great
• 13:24
  videos. And I consider him, you know,
• 13:27
  we're not best friends. We just met, but we're
• 13:29
  developing a very good friendship.
• 13:31
  And who doesn't like friends, right?
• 13:32
  You like friends. That's why you're here in the
• 13:34
  basement. So give this a thumbs up.
• 13:36
  Hey, we got a hundred, a hundred thumbs up.
• 13:39
  We got a honey and don't forget to subscribe.
• 13:47
  Now Oren and I, this is big news for the silver and gold world
• 13:53
  and I'm not going to put words into Oren's mouth because I
• 13:55
  haven't confirmed this with him yet.
• 13:57
  However, Oren and I talked, I don't know, Tuesday of last week
• 14:01
  and I actually have a video that's out a shorter we.
• 14:04
  I made a long form and I made a short like 8 minute video with
• 14:07
  Oren and Oren. We're talking, he said.
• 14:08
  I told everybody two years ago, this was before what we had
• 14:13
  happen last week, he said. When we get like high inflation
• 14:17
  numbers and gold and silver go up, that's when everything's
• 14:24
  changed. And I'm kind of putting in a
• 14:26
  synopsis, everything's changed for the precious metals markets.
• 14:31
  That's stagflation, OK? Oren said that on Tuesday.
• 14:34
  Do you know basement dweller What happened this week?
• 14:39
  We had high CPI, high inflation and high PPI.
• 14:42
  High inflation. And what happened?
• 14:45
  Gold went up yesterday. Silver went up.
• 14:48
  We are in a new. It's OK.
• 14:52
  It's all I know, right? We've been it.
• 14:54
  It's like if you've got a dog that got beat over and over
• 14:57
  again, OK? And you get him from the shelter
• 15:00
  and you bring him home. His name's Silver and Gold.
• 15:04
  It's US, Silver Investor. His name's Silver Investor.
• 15:07
  And you know, you go to pet him and he cowers back.
• 15:11
  It's like, no, it's OK. You're safe now.
• 15:13
  You're loved. Are we now in that situation
• 15:17
  ourselves? We can't believe it.
• 15:19
  Lucy has pulled the football so many times on us.
• 15:24
  Are we? Are we unable to accept the fact
• 15:27
  that best possibly we are in a new environment?
• 15:30
  I've been beating the table for a year.
• 15:32
  Sorry, I was early. Like I say, don't make any
• 15:34
  financial decisions based on anything I say.
• 15:36
  Just my opinion, Don't buy, sell anything.
• 15:39
  Don't get engaged. Don't adopt A puppy or a cat
• 15:42
  based on anything I say. But I've been saying for a year
• 15:45
  that we're going to have stagflation.
• 15:48
  It's the only way it works. We're going to have inflation.
• 15:51
  Guys, Jerome's lying to you. Jerome.
• 15:55
  Where is Jerome? Should we find Jerome?
• 15:56
  Let's find Jerome. He he is not.
• 16:04
  He is not telling you the truth. The only way the system works is
• 16:09
  with high inflation, right? By inflating away the debt, by
• 16:14
  devaluing the US dollar as we have, that at the same time that
• 16:18
  we have a slowing economy, we have stagflation and we have
• 16:22
  rocket rocket fuel. And it's OK.
• 16:25
  It's going to be OK, right? You need to start thinking, what
• 16:28
  are you going to do if your silver goes up in value and
• 16:32
  measured in dollars? Well, you know, get a plan
• 16:35
  together, Buttercup. Trust me, you need to have a
• 16:39
  plan, right? Are you going to never sell?
• 16:42
  Are you going to sell all of it? Are you going to sell half?
• 16:45
  I always recommend sell half and hope you're wrong.
• 16:47
  Sell half and then hope the price continues to go up if you
• 16:50
  decide to sell. I'm not recommending selling.
• 16:53
  Everybody's different, but none the less you need to be prepared
• 16:57
  because trust me, this is important.
• 16:59
  You like to sit around. I know you, you know, you know,
• 17:03
  silver is undervalued. It's the most asymmetric.
• 17:06
  Asymmetric. Andy Scheckman said it the other
• 17:08
  day. The most asymmetric risk
• 17:11
  opportunity probably. I'll say this, he didn't say
• 17:15
  this. I'm going to say in the history
• 17:17
  of the world, you know, the whole story.
• 17:20
  Demand through the roof, supply going down, blah, blah, blah.
• 17:23
  You know, have a plan because when it does go up
• 17:26
  significantly, I know we like to dream about it.
• 17:29
  But when it actually happens, it's going to be a very
• 17:33
  emotional time for you and you don't want to make decisions
• 17:37
  based upon emotion. So we're in the stagflationary
• 17:42
  environment. Inflation is not going anywhere.
• 17:45
  The economies are not. What proof, you may ask, Ron,
• 17:50
  what proof do you have that the economies of the world are
• 17:53
  slowing? Well, if we just look at the
• 17:55
  United States of America, we know when we hear from trucking
• 17:59
  companies call somebody the trucking company, I got a lot of
• 18:02
  inside contacts, look at what UPS did look at, look at all the
• 18:07
  companies laying off, right. When UPS and FedEx are saying
• 18:11
  our freight volume is down, those are real numbers.
• 18:15
  They can't lie about OK, they can't lie about right.
• 18:20
  But it gets even more interesting.
• 18:22
  You might be wondering, why does Ron have the British flag in the
• 18:25
  background? I'm an American.
• 18:28
  I do love the country. But you know the US economy.
• 18:32
  It's if we don't believe, Joe, that Bitonomics is working, OK,
• 18:36
  but then we want to broaden our scope and look at the rest of
• 18:39
  the world. What do we know?
• 18:40
  Let me go through the list. Germany.
• 18:43
  Are they in a recession? A lot of people say absolutely.
• 18:46
  Germany's in trouble economically, right?
• 18:49
  They're one of the biggest economies in the world.
• 18:52
  Japan just announced, technically, now in a recession.
• 18:57
  And they printed Unicorn fart dust yen.
• 18:59
  That's their currency like we've never seen before.
• 19:02
  They actually make Jerome Palm, the Federal Reserve look like a
• 19:05
  responsible banker. Nonetheless, okay.
• 19:09
  Who else is in a recession? China.
• 19:12
  We hear about China having economic problems.
• 19:14
  I haven't looked at their market.
• 19:15
  I need to do that. But like as of a week ago, their
• 19:18
  stock market was down like 2025%.
• 19:22
  They don't have the magic that we do.
• 19:24
  The Magnificent 7 in the United States that makes the S&P 500
• 19:28
  just always go up and up and up and up and up and up and up.
• 19:31
  No, but the cherry on top thanks to my friend Sean, right?
• 19:36
  My old roommate in college. He's the one who alerted me.
• 19:38
  I like to give credit where credit is due. the United
• 19:43
  Kingdom? Don't forget Pinbex.
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  Pinbex is best. But we're going to talk about
• 19:47
  the United Kingdom. The UK is technically in a
• 19:52
  recession. They too are one of the biggest
• 19:54
  economies in the world. What does it mean when all these
• 19:59
  big economies? All over the world are in a
• 20:04
  recession. Do you think that will impact
• 20:07
  the United States? I know we're exceptional.
• 20:10
  We're exceptional. Yes, it will impact the United
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  I don't know why, but I do go. I do want to go to Peru.
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  That rhymed. But Fortuna also has gold mines.
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  OK, Lindero, They also have a gold mine in Burkina Faso,
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• 21:50
  Remember that song? You guys are about my age.
• 21:53
  The world is a vampire anyway. The world is a vampire.
• 21:57
  We are going into some crazy crazy time.
• 22:00
  Zimbabwe. Did you hear about Zimbabwe?
• 22:04
  They're big. They're Africa.
• 22:05
  Africa is not a country, it's a continent.
• 22:09
  Zimbabwe is a country within Africa.
• 22:12
  You know what? I have to be honest, if you
• 22:14
  would have popped, quizzed me on that a year ago.
• 22:18
  So I heard somebody say I probably was Africa as a
• 22:21
  country, knowing that it's not, but just like not thinking about
• 22:24
  it. Anyway, Zimbabwe is backing
• 22:27
  their currency with gold to fight off inflation, right?
• 22:32
  To put a tether on their money to get real wealth for the
• 22:36
  country. And they've got a lot of gold in
• 22:38
  Zimbabwe by the way. A lot of gold.
• 22:42
  Wasn't it Uganda that said they had found enough gold, like
• 22:46
  equal to like the all the other gold that's ever been discovered
• 22:49
  in the world. None the less, I digress.
• 22:54
  Don't you forget, Okay, in 5 minutes we're gonna have a
• 22:57
  premiere video. Okay, go back to Rons Basement
• 23:01
  Channel. And I actually put a link to it
• 23:02
  in this description. Pat Holland and I talking about
• 23:06
  the 15 states. But now there's more. 5 minutes.
• 23:10
  Susie yelling at me where we have legal tender legislation.
• 23:13
  OK. And I'm gonna be on there in the
• 23:15
  comments, too, So you can rip me.
• 23:16
  You can do whatever you want. All right?
• 23:19
  Trust me. I've been doing this two years.
• 23:21
  I've heard it all. Yes.
• 23:23
  I'm not a robot. I'm real.
• 23:24
  This is all real. Behind me, by the way.
• 23:28
  OK. Hey, please give this a thumbs
• 23:30
  up. We got 300 people here.
• 23:32
  I'd like to see 300 thumbs up. That helps.
• 23:34
  That helps us. That helps us get the word out
• 23:37
  to more people. Silver.
• 23:39
  I got to run through this stuff quick.
• 23:40
  You guys ready? Huh.
• 23:42
  Silver. Silver. $22.00 an ounce.
• 23:45
  Really. Silver are 23.
• 23:47
  It had a good week. Silver 23.
• 23:51
  If. Here's what I'm going to say to
• 23:53
  you, world, Not you, basement dweller, Silver stacker, Silver
• 23:57
  enthusiast. What I'm going to say to the
• 24:00
  world To the Comex. Comex.
• 24:02
  I have a question for you. Comex if you if if you price
• 24:07
  Unicorn fart dust paper silver at $23.00 an ounce.
• 24:12
  Riddle me this Comex. Why then is there such a
• 24:18
  deficit? Why is there is there not enough
• 24:21
  silver to supply all the demand? Because if a market is working
• 24:25
  in a healthy manner, if there's more demand than supply, the
• 24:31
  price goes up, right? So now we're in this $22.00
• 24:34
  silver situation, $23 silver situation, I apologize.
• 24:41
  And we got much more demand occurring.
• 24:44
  OK, then supply and and the supply continues to shrink
• 24:50
  because silver miners can't make any money.
• 24:53
  And when they don't make any money, guess what, Buttercup?
• 24:56
  Guess what? They don't invest in drilling.
• 25:00
  They don't invest in exploring. They don't invest in trying to
• 25:03
  find new silver mines. They don't invest in trying to
• 25:06
  develop them and get them permitted.
• 25:09
  And they sure as heck don't invest into building new mines.
• 25:15
  It's like a handful of companies, and I'm buying them
• 25:18
  all because that will change, OK, that will change.
• 25:22
  Same thing with copper. But this, this is just crazy.
• 25:27
  Demand going up, supply going down, Price, artificially low.
• 25:31
  Supply is going to keep going down.
• 25:33
  It's going to take 15 years for the silver world to catch up
• 25:37
  with the demand that's needed. OK, all right, hold on.
• 25:40
  We got 3 minutes, 3 minutes, 3 minutes.
• 25:43
  The gold to silver ratio. Let's just look at this one more
• 25:46
  time very quickly because this is awesome.
• 25:49
  That's a chart, a long term chart of the silver to go.
• 25:52
  I call it the silver to gold ratio, 90 to one.
• 25:56
  OK, here we are. Right here, right?
• 25:59
  Yes. I had it upside down.
• 26:03
  Oh, boy. Welcome to Ron's basement. 90 to
• 26:06
  one. That's where we are right now.
• 26:08
  OK, this is 50 years of silver to gold.
• 26:12
  It takes 90 ounces of silver to buy one ounce of gold.
• 26:17
  Crazy. I imagine taking 90 American
• 26:20
  Silver Eagles and trading it for one ounce of gold.
• 26:22
  We love gold, but that's a crazy ratio.
• 26:25
  Look at it all the way up there. Look where it's been.
• 26:28
  Look at that range. OK.
• 26:29
  This right there, that circle is 60.
• 26:33
  That's kind of the average over the last 40 years.
• 26:36
  We're at 90 now. Sixty.
• 26:38
  OK And thank you for the Super chats, my friends.
• 26:40
  Super appreciated. If we get back to a 60, if, if
• 26:46
  the silver to gold ratio were where it should be right now, we
• 26:49
  would have silver at $33.33. OK, and look, Stan
• 26:58
  Druckenmiller. Duckenmiller.
• 26:59
  Druckenmiller. He's a billionaire.
• 27:01
  He's a hedge fund manager. He's the smartest guy in the
• 27:04
  room, OK? He's way smarter than Warren
• 27:08
  Buffet or Bill Gates or Stanley Druckenmiller.
• 27:13
  Look him up. Guess what he did?
• 27:14
  He's buying a gold mining. He's buying gold mining
• 27:18
  companies. I know, right?
• 27:20
  Mulatto, you aren't into gold mining stocks.
• 27:22
  But the fact that he's moving money in his family office into
• 27:26
  gold? Sold Amazon, sold tech buying
• 27:29
  gold mining. What does that tell us, huh?
• 27:31
  The smartest guy in the room besides you and me.
• 27:35
  Hey, guys, Thank you for being here again.
• 27:37
  Please give this a thumbs up. Don't forget to subscribe to the
• 27:40
  channel and then you can support the channel.
• 27:43
  There's a PayPal link and there's super.
• 27:45
  Thanks Super Chat, everything Super appreciated #1.
• 27:49
  Thank you to the moderators. Annie Oakley, Jake from Jake's
• 27:52
  Custom Parts. I got to go to this live
• 27:54
  premiere that we have. So you guys come on over and
• 27:58
  join us there. Like I said, there's a link in
• 28:00
  the description of this. And if you go to the channel,
• 28:04
  it'll probably pull up now because it's going to be going
• 28:06
  live here any second. And I believe that Patrick
• 28:10
  Holland is actually going to be there and in the chat as well.
• 28:13
  Thank you. You are the most important part
• 28:15
  of this channel. You're special, You're unique,
• 28:18
  and it's a big honor to meet when you join me here in the
• 28:20
  basement. I'll see you soon.