Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **Successful Silver Stackers!** Agree With THIS (Price Prediction) 🦍🦍 Gold Price Update Too

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**Successful Silver Stackers!** Agree With THIS (Price Prediction) 🦍🦍 Gold Price Update Too · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  Unbelievable silver price predictions, 180 dollars, $260,
• 0:08
  even someone calling for $500 silver.
• 0:11
  But when you may ask, we are all ready for this.
• 0:15
  Some of these predictions are for the very near future.
• 0:19
  We're going to hear from the people that are calling for
• 0:21
  these super high silver prices and then decide for ourselves,
• 0:26
  do we believe it'll happen? And even more importantly, do we
• 0:30
  believe that it's possible even in the short term because we've
• 0:34
  got some crazy things happening right now in the precious metals
• 0:38
  markets. We're also going to dig into
• 0:40
  some news from China, big moves they're making in their gold and
• 0:45
  silver markets, regulatory moves which can have a major impact, a
• 0:50
  good impact on the future price of the precious metals.
• 0:53
  We got something from the Netherlands, The Netherlands,
• 0:57
  big news again, pointing in the direction that we are in an
• 1:01
  absolute new environment when it comes to silver and gold in the
• 1:05
  Wall Street Journal. We're going to really get the
• 1:08
  Wall Street Journal 'cause they put something out about gold
• 1:12
  that maybe we don't agree with. But again, I'll let you be the
• 1:17
  judge. Hey, thank you for joining me
• 1:18
  down here in the birthday, birthday basement.
• 1:21
  Today's my birthday. I got birthday on my mind, so
• 1:25
  it's a special day. I really appreciate you.
• 1:27
  Please, as a birthday present to me, you could subscribe to the
• 1:31
  channel or give this video, press that thumbs up button that
• 1:35
  helps us get the word out to more and more people.
• 1:37
  But when you subscribe and you hit that bell, you'll get
• 1:40
  notified every time we go live so you can come back to the
• 1:44
  basement and it's all free. And I love that you're here and
• 1:47
  that we're celebrating birthdays together.
• 1:50
  All right, all right, let's move.
• 1:51
  Let's go take a look at the silver price, and then let's
• 1:53
  look at these unbelievable silver price predictions that
• 1:58
  they're saying could happen soon.
• 2:00
  Here's an update. Hey, we're looking pretty good.
• 2:03
  We're up $1.00 in the silver market.
• 2:07
  Hold on here. There we go.
• 2:08
  Now we're back. You should be seeing that spot
• 2:11
  market $78.33 gold above $5000 per oz.
• 2:18
  Now let's go 7833 for silver. So the futures price should be
• 2:23
  higher, which it's not. It's $0.10 lower, which as you
• 2:29
  guys know means that technically barely, but it counts.
• 2:34
  We're in a state of backwardation, which shows
• 2:36
  stress in the market. I guess we could say.
• 2:39
  We're not really in backwardation.
• 2:40
  We're not really in contango. We're in a state of backward
• 2:44
  tango. But even backward tango where
• 2:46
  there's an equilibrium between the futures price, right?
• 2:50
  The March, that's the March futures price that we looked at
• 2:53
  that should be higher, OK, because there's cost storage
• 2:58
  cost for metals, all right, that's the normal state of the
• 3:01
  silver market should be the futures price, I don't know,
• 3:05
  should be a dollar or two higher than the spot price.
• 3:08
  The fact that it's even at equilibrium in a state of
• 3:11
  backward tango indicates that there's some stress in the
• 3:15
  market. And when we look at China, which
• 3:18
  we're going to talk about later, we've got major stress.
• 3:21
  We are in a new physical driven rally for the precious metals.
• 3:24
  But let's move on and talk about the man we got Dave.
• 3:27
  Oh, I forgot to tell you. You know that Bible story, David
• 3:31
  and Goliath where the little guy takes on the big guy in the
• 3:34
  little guy prevails. We don't have just one David
• 3:38
  verse Goliath story. We have two David verse verse
• 3:43
  Goliath stories that I'll extrapolate upon further here in
• 3:46
  just a few seconds. Let's start by a wild prediction
• 3:50
  from our friend Rashad, who's had a, let's just say a recent
• 3:55
  track record of being very, very, very accurate lately, and
• 3:59
  he says something that makes sense about silver.
• 4:02
  I'll explain that to you. He says silver price tripled
• 4:06
  within 3.5 months from September of 2025 to January of 2026, from
• 4:13
  $40 all the way up to 121 dollars.
• 4:17
  Now this is where it gets interesting.
• 4:19
  The next silver price tripling is going to happen within a
• 4:24
  lesser time frame as the bull run is entering A steeper cycle.
• 4:31
  I expect silver to reach my 240 to $260 target by May of 2026
• 4:41
  and he draws it out there on the chart.
• 4:43
  I think the important thing to remember is that when you look
• 4:46
  at wild, excuse me, asset price moves in any asset category,
• 4:53
  right? When there's a parabolic move,
• 4:56
  usually there's a big move, a pullback, A consolidation and
• 4:59
  then another move that happens even more quickly.
• 5:02
  But it's not just Rashad, right? Next we're going to talk about
• 5:06
  one of the most respected 50 years of experience on Wall
• 5:09
  Street analyst who's calling for $180 silver this year as well.
• 5:16
  It's getting, it's getting crazy interesting.
• 5:18
  And then we're going to talk about the David versus Goliath.
• 5:20
  So the next prediction that we're going to look at right now
• 5:23
  is from a guy named David Hunter.
• 5:26
  I've actually had him as a guest down here in Ron's basement
• 5:28
  before. He's super respected, been on
• 5:30
  Wall Street for like 50 years. I think he has a newsletter.
• 5:34
  I really like the guy and he's got a bold new prediction for
• 5:38
  Silver. And we got a little one minute
• 5:40
  video snippet. We're going to hear it directly
• 5:42
  from him. But before we do that, let's
• 5:45
  just review. Uh, oh, hold on here.
• 5:49
  Sorry guys, little tech issue there.
• 5:52
  Here we go. Now it's up.
• 5:54
  Let's review that the the pertinent and then we're going
• 5:57
  to hear it directly from him. David Hunter's mega mega bowl
• 6:00
  call Gold, gold. Oh yeah.
• 6:03
  Gold, gold $6800 and silver to 180 in 2026.
• 6:09
  Legendary macro strategist David Hunter with over 50 years on
• 6:13
  Wall Street, just dropped his boldest update yet on precious
• 6:17
  metals. Boldest yet and commodities amid
• 6:21
  a final market melt up, he's seen an explosive upside for
• 6:25
  gold, silver miners and the broader commodity sector before
• 6:31
  a major bust hits. And that's important to point
• 6:34
  out because he's been talking about this guy is as a again, an
• 6:37
  incredible track record of accuracy.
• 6:40
  He does not have a crystal ball. So, you know, don't don't make
• 6:43
  any big financial decisions, but he does have a really great
• 6:48
  track record. And what he's calling for is a
• 6:50
  major move up in gold and silver.
• 6:53
  And he's been calling for this for like the last two years that
• 6:56
  I followed him closely, but then a big pullback.
• 6:59
  So if you're going to follow David Hunter, just know, yeah,
• 7:02
  he's calling for $180 silver, but then a big pullback, but
• 7:07
  then another massive bull run after that that lasts for
• 7:11
  decades and decades. He says gold's now targeted at
• 7:14
  6800, which has been raised from 5500 during the recent weakness.
• 7:20
  Look, this guy was talking about $5000 gold like a year and a
• 7:25
  half ago, and people laughed at him.
• 7:27
  Silver jumped his prediction to 180, up from 1:25, with prior
• 7:33
  calls like 75 already crushed. These levels could hit as early
• 7:38
  as summer 2026 or sooner, like Rashad says.
• 7:42
  And it's not just Rashad. We got one more to talk about
• 7:45
  when we're done in a parabolic search, so let's listen to what
• 7:49
  David says. This is about one minute long
• 7:53
  and I'm going to play this for you on full screen.
• 7:58
  We actually went to the same college, David Hunter and I like
• 8:02
  you really care. You want to hear You want to
• 8:04
  hear about 180 Silver and here you go.
• 8:07
  Again, in my first quarter letter in January to 5500 and I
• 8:13
  just raised on this last sell off again, I tend to do it not
• 8:18
  with momentum, but the opposite. In this last sell off, I raised
• 8:22
  it again in a 6800. So I'm now at 6800 on gold,
• 8:27
  silver, I'm now at 180. And you know, went through a
• 8:31
  few. I was at 75 for a longest time,
• 8:34
  for several years, raised it to 100 probably in October, raised
• 8:40
  it to 125 I think in January. And then, you know, a month
• 8:46
  later I'm raising 280. So I am clearly bullish on the
• 8:52
  metals and I actually the week before the sell off or you know
• 8:57
  we had that spike to 122 on silver, I said we could see a
• 9:02
  very quick 30% sell off. It's not this is a peak, it will
• 9:07
  rebound from that when we got more than 30% and I do think
• 9:12
  this thing is also those targets could be seen by the summer.
• 9:16
  Those targets could be seen by the summer.
• 9:20
  So there we have it again, David Hunter.
• 9:21
  Super respected, great guy. I've always enjoyed when he's
• 9:25
  joined me down here in the basement.
• 9:27
  I highly recommend that you follow him.
• 9:29
  Now, it's not just that. What about the $500 silver call?
• 9:32
  We're going to get to that next after I say thank you to 1st
• 9:36
  Mint for sponsoring Ron's basement.
• 9:38
  Hey, today's my birthday so I can do show and tell.
• 9:41
  This is one of my favorite pieces of silver art, I will
• 9:46
  call it, that I've ever seen. It's the Buffalo round from
• 9:49
  First Mint, and that is the backside the American Indian it.
• 9:53
  I don't think the camera does it justice.
• 9:55
  It's absolutely beautiful. First Mint is a mint in Las
• 9:59
  Vegas, Vegas, Nevada that makes world class silver bullion
• 10:02
  products. You guys have been so thrilled
• 10:04
  with Firstment. If you are looking to buy some
• 10:07
  silver, please check out Firstment.
• 10:10
  When you're checking out other options that you have, you're
• 10:13
  going to have a premium retail experience.
• 10:16
  Trust me. Their packaging, I don't know,
• 10:18
  feels like I'm opening an iPhone every time I get something from
• 10:21
  them. And I think I might be getting a
• 10:22
  package today for my birthday because they have a new product
• 10:26
  out the Year of the Horse round that you can check out as well.
• 10:31
  Remember, it is the freshest silver on the market.
• 10:34
  They're owned by First Majestic Silver, who mines the silver.
• 10:38
  It goes directly to the mint and then it goes directly to you.
• 10:42
  And there's a discount code VIPRB.
• 10:45
  But I want to show you this new product they're coming out with.
• 10:49
  Well, I guess really, I guess officially it is out now.
• 10:52
  There's their Year of the Dragon coin.
• 10:54
  These are all beautiful. There it is right there, the
• 10:56
  Year of the Horse, brand new. I can't wait to see it.
• 11:00
  I'll be showing it to you guys in the coming days.
• 11:02
  First mint.com, thank you First Mint for sponsoring Ron's
• 11:05
  basement. So we I got to look at my list.
• 11:08
  We have Rashad talking about $260 silver, right?
• 11:11
  In the next few months. We got David Hunter, the David
• 11:16
  Hunter saying that we could have $180 silver by summer.
• 11:20
  But let's not forget about the silver Swami, the silver guru,
• 11:26
  the guy that even Eric Sprott looks up to, OK, Michael Oliver,
• 11:31
  who's talked about 300 to $500 silver by like May.
• 11:36
  OK. So as we, we, we know where we
• 11:39
  want silver to go. We know where the what we think
• 11:43
  is fair price if you choose to measure silver in U.S. dollars
• 11:48
  should be. And we've got major people
• 11:50
  talking about it. But we also have two David
• 11:53
  versus Goliath scenarios going on.
• 11:55
  The first one is our friend David Hunter at $180.
• 11:59
  He's up against Rashad, who's calling for $260 silver.
• 12:04
  We'll see who wins that David versus Goliath or or David
• 12:08
  versus Rashad. But don't forget also we've got
• 12:11
  the silver billionaire in the United, United States, the
• 12:14
  modern day Hunt brothers, OK? David Bateman.
• 12:19
  He's got like, I don't know what, like 15,000,000 ounces of
• 12:23
  silver or something like that. Physical silver.
• 12:27
  David Bateman. OK, not like the Hunt brothers.
• 12:30
  There's one important difference.
• 12:31
  And because this is a physical driven rally, we want to pay
• 12:35
  attention to that. David Bateman is the the silver
• 12:38
  billionaire, the smartest guy in the room.
• 12:41
  Who's he up against? Our David Bateman in the United
• 12:45
  States is up against the Chinese paper tiger Beyond who's got
• 12:50
  like AI don't know, like 14 or 12 million paper short in China.
• 12:57
  But there's big news out of China that's going to have major
• 13:01
  impacts on the Chinese silver market and possibly possibly
• 13:06
  speculating or maybe likely on Beyond himself because China is
• 13:11
  changing the rules because there is a silver shortage in China.
• 13:17
  Let's look at the details. This one came out just recently.
• 13:22
  Silver Academy tells us China declares war on paper silver.
• 13:29
  The Shanghai futures tightens rules as physical stockpiles
• 13:34
  collapse The Shanghai Futures Exchange has ignited a global
• 13:39
  silver storm in a stunning announcement effective February
• 13:44
  27th. Why is that important?
• 13:47
  Oh yeah, that's right guys. Because China's on a week long
• 13:53
  holiday in all the major markets, silver and gold.
• 13:56
  The Shanghai Futures Exchange, the Shanghai Gold Exchange.
• 13:59
  I hope the Oriental ghost is having a great time over there.
• 14:03
  But they're all closed. So the silver and gold prize had
• 14:07
  been left in the the responsible and trustworthy hands of the
• 14:11
  Comex, or what some people call the Crime X in the United
• 14:16
  States. I don't call them that.
• 14:18
  I know you don't either, Right? We we trust the Comex Ha ha and
• 14:23
  the LBMA, the London million Market Association over in
• 14:26
  London, England. I can't wait to visit there.
• 14:29
  It's going to be fun. Okay, so effective February
• 14:32
  27th, when China comes back from there week long year of the
• 14:36
  horse holiday, the the Shanghai futures exchange will will
• 14:41
  impose brutal new limits on near term silver futures positions.
• 14:48
  I dug into this. What we're basically looking at
• 14:51
  is it now only pre approved players can actually take
• 14:56
  delivery of metal, OK in China. This is China hoarding silver
• 15:01
  because there's a supply shortage.
• 15:04
  OK. And and then the final note that
• 15:07
  I've from listening to all the experts on this is tough luck.
• 15:12
  Comex and LBMA, there will be no more physical silver from what I
• 15:17
  understand. And we know they have export
• 15:19
  controls and we know they refined 60 to 70% of the world
• 15:22
  silver. But think about it, what this
• 15:25
  could mean is that there's going to be no more silver going.
• 15:30
  Oh, thank you, Susie. That's upstairs.
• 15:33
  Susie, my lovely wife and assistant.
• 15:35
  There's going to be no more silver going from China to
• 15:40
  London or to New York. No more for you.
• 15:44
  No soup for you. No silver for you.
• 15:48
  I will get to the Super chats. We got a few more things we got
• 15:51
  to cover. Guys, man, we are having it's
• 15:53
  war, right? China declares war on paper,
• 15:56
  silver. What about what's going on in
• 15:58
  the Netherlands? I got a little inside scoop and
• 16:02
  I've corroborated this with a couple other people as well as
• 16:05
  the Wall Street Journal before we do that.
• 16:07
  Thank you. I'm not here without you, all
• 16:11
  right, And I'm not here without the support of my sponsors, one
• 16:14
  of which long time sponsor First Mining Gold.
• 16:17
  I actually own the stock personally, long before they
• 16:20
  sponsored my channel. Actually, if you dig into some
• 16:23
  old videos that I made, some of my very first silver videos and
• 16:27
  gold videos were about first mining gold because I love the
• 16:30
  company. I love the stock anyway, I'm not
• 16:32
  a financial advisor. Do your own research, all that
• 16:35
  great stuff. But First, Mining Gold is very
• 16:38
  interesting. They've got 2 huge development
• 16:42
  stage gold projects in Canada. Yeah, OK.
• 16:48
  Each of which individually spring poll in Ontario and Du
• 16:52
  Parquet located in Quebec, both of which individually have
• 16:57
  millions of Oz of gold in the ground.
• 17:00
  They've been they've been worked on for a decade or longer, each
• 17:04
  drilling millions and millions of dollars spent drilling all
• 17:09
  over these projects and then scientifically putting together
• 17:13
  a resource estimates that again each of these projects
• 17:16
  separately have millions of Oz of gold in the ground.
• 17:19
  There aren't any big major development stage projects in
• 17:23
  the world and there are very fewer located in good
• 17:27
  jurisdictions and there are very fewer located in Canada, which
• 17:31
  is quickly becoming a major jurisdiction, a major favorable
• 17:34
  jurisdiction for building gold mines.
• 17:38
  One last thing, the big gold mining companies, the huge ones
• 17:43
  that are producing gold all the time, they got to refill their
• 17:46
  pipeline, right? Every time they dig up an ounce
• 17:48
  of gold, they got to fill that pipeline up and they're making
• 17:53
  so much money right now. The big producers are right that
• 17:56
  they're also looking to grow. So you got to refill the
• 18:00
  pipeline and they're trying to show investors that they're
• 18:02
  growing as well. I think the future looks very
• 18:05
  bright for first mining gold. You can learn more about them at
• 18:08
  firstmininggold.com. But please don't forget,
• 18:11
  everything's risky. Do your own research and I can
• 18:15
  tell you my truth, but I'm not a financial advisor.
• 18:18
  What about the Netherlands? The nether regions?
• 18:23
  I love people from the Netherlands and I love this
• 18:26
  news. I think you will too.
• 18:28
  That we got from William Middle Coop.
• 18:31
  And we're gonna, we're gonna dig in to see cuz he's another one.
• 18:34
  There's like 20 people that I say are like the most highly
• 18:37
  respected, highly regarded in the in the precious metal
• 18:40
  sector. And William Middlecoup, this is
• 18:43
  short but powerful says I'm hearing several credible first
• 18:49
  hand report reports that a Dutch bullion dealer doesn't take any
• 18:56
  new orders. A Dutch bullion dealer doesn't
• 18:59
  take any new orders because the bars are quote UN quote needed
• 19:07
  in London. I wonder if that has to do with
• 19:10
  China saying no, we have export controls now and now we got new
• 19:14
  rules on the 27th. No more silver for you.
• 19:17
  So now those fine people that you'll be in a million market
• 19:21
  association, they're trying to scrounge up silver any way they
• 19:24
  can. What he's saying is that Dutch
• 19:26
  bullion dealers are saying, sorry, we can't sell you silver
• 19:30
  because we got to ship at the London because they're in a
• 19:33
  desperate situation. That's what I'm speculating.
• 19:36
  And who is William Middle Coop? I'll just show you right now.
• 19:40
  He's from, he's Swiss, he's a Swissy, and he's the Oracle.
• 19:44
  They call him the Oracle from Amsterdam.
• 19:48
  And he also coined the term that Bitcoin is virtual gold back in
• 19:52
  2014. Interesting.
• 19:54
  He wrote a book called The Big Reset that's available in eight
• 19:57
  languages. And again, super, super popular
• 20:01
  book that people refer to all the time.
• 20:03
  And he's a discovery, discovery investor.
• 20:06
  He manages over $200 million. So very interesting guys.
• 20:12
  There's a shortage of silver. That's what that's telling us
• 20:14
  all over the world. But don't trust.
• 20:17
  Do you think the price of gold and silver are manipulated?
• 20:21
  Do you think? The mainstream media maybe is in
• 20:28
  on the game, possibly. What about the mainstream of
• 20:33
  mainstream, one of the probably the world's most most popular
• 20:39
  piece or paper media source when it comes to the financial
• 20:43
  markets? What did they have to say about
• 20:46
  gold? This is very interesting.
• 20:48
  The Wall Street Journal. Look what they said back in
• 20:52
  2022. Wait a minute, What am I?
• 20:56
  I forgot to show you something here.
• 20:59
  Hold on. Yep.
• 21:01
  No, it's right here. It's right here.
• 21:03
  OK, so the Wall Street Journal on September 20th and not that
• 21:08
  long ago, 2020, two, 3 1/2 years ago.
• 21:12
  Front page article. Gold.
• 21:14
  Wait till you see this graph. Gold loses its.
• 21:17
  I remember when this came out. Gold loses its status as a
• 21:21
  haven. OK, I remember this article was
• 21:24
  a big deal and we're going to come back to this graph, OK, But
• 21:28
  here it is right here. You pull it up on the full
• 21:30
  screen in the business and finance section again, October
• 21:35
  of 2022, massive article basically saying you're a fool
• 21:40
  if you buy gold, right? Yeah, it's done.
• 21:42
  Nobody cares about gold anymore. It's a pet rock, whatever.
• 21:45
  You know Who's that? Bernanke.
• 21:47
  Ben Bernanke that said that? Now look at this, look at this.
• 21:52
  This is why we don't put a lot of credence in what the big
• 21:55
  mainstream media. They rarely say anything about
• 21:58
  gold and silver, and usually when they do, it's not very
• 22:02
  favorable. So right here on this chart, I'm
• 22:05
  going to use a different color, haha.
• 22:07
  Wall Street Journal. OK, have fun with your buddies
• 22:11
  at the Comex. OK, there we go.
• 22:13
  Right there on the chart is when they put the article out.
• 22:16
  That would be back in 2022. The gold is no longer a safe
• 22:21
  haven. Gold.
• 22:22
  Yeah. You know, let's just say they
• 22:24
  didn't say many good things about gold.
• 22:26
  What happened to the price of gold since they said that?
• 22:30
  Do you get my drift? I think it went up, up, up.
• 22:39
  Yeah, I'm sorry. Thank you, Susie.
• 22:41
  Oh, my gosh. I apologize, everybody.
• 22:44
  Thank you upstairs, Susie, for saving the day.
• 22:46
  This is the chart that I was just talking about for the last
• 22:49
  5 minutes. Guys, I apologize again.
• 22:52
  This little spot. I'll do it real quickly.
• 22:56
  This is when the Wall Street Journal put the article out that
• 22:59
  gold was not a safe haven anymore.
• 23:01
  And this is what happened to the price of gold in the 2 1/2 years
• 23:06
  after they put the article out. Let's just say again, that's why
• 23:10
  we don't put a lot of credence into what we hear from the
• 23:14
  mainstream media when it comes to precious metals.
• 23:18
  Oh, I want to say thank you. Yesterday, Key West Kim sent a
• 23:22
  very nice donation to Susie and I on PayPal.
• 23:25
  Thank you, Key West Kim. Let's go out and see what what
• 23:28
  kind of comments we have going on here in the comments section
• 23:32
  and hold on. Oh boy.
• 23:36
  Oh wow, 4 super chats. Wow Twas 09.
• 23:40
  Thank you for the Super chat. I'll put you on the screens
• 23:43
  there he is that's your you're famous on the Internet.
• 23:46
  Good looking man there. OK, North of 49 Stacker.
• 23:52
  And let's see there a question. Happy birth.
• 23:54
  I can I can read. Happy birthday.
• 23:56
  You're my first subscription. Enjoy every time I'm here.
• 23:59
  You are the best. Thank you.
• 24:00
  North of Stacker. And guys, it really does matter.
• 24:03
  I appreciate when you say nice things.
• 24:05
  I can be a bit of a delicate flower, so thank you.
• 24:08
  Let's get you up on the screen. It's your time to be famous and
• 24:11
  shornangle. Wow, what a night.
• 24:16
  What's that? Yes, I am sorry.
• 24:18
  Susie's on like a 15 second delay.
• 24:20
  I'm saying this and you're hearing it 15 seconds later.
• 24:25
  Bear that in mind when I show the the the price of gold and
• 24:28
  silver. OK, And our friend Shanago,
• 24:31
  Shane Nagle. Shane Nagle.
• 24:34
  All right, you're famous on the Internet, Leah, that another
• 24:36
  good looking guy. Thank you.
• 24:38
  Thank you. And hey, Ron, Jordan Seiberg
• 24:42
  says, Hey, Ron, I'm 22 and still learning.
• 24:44
  Hey, buddy, I'm 56 today and I'm still learning.
• 24:48
  I'm more on that in a second. OK, Thinking about adding 80 oz.
• 24:53
  Would you personally buy here or wait for a better entry?
• 24:56
  Well, I let me put you up on the Internet, my friend.
• 25:00
  Hold on a minute here. Hold on and that yeah, Jordan
• 25:04
  Berg, I said the name Jordan what I look, I can't give
• 25:08
  financial advice. I don't have a crystal ball.
• 25:10
  I believe for me personally that 10 years from now, we wouldn't
• 25:15
  believe what the silver price could be at.
• 25:18
  Okay. But that being said, what I
• 25:22
  always recommend to people who are looking to get into silver,
• 25:26
  you know, it's easy to get super excited.
• 25:29
  I'm super excited about silver and run out and and want to make
• 25:32
  a big purchase. What just my opinion.
• 25:35
  I could be wrong, but what a lot of people recommend doing, and I
• 25:38
  would recommend as well is dollar cost average, right?
• 25:42
  By a certain amount every month or by a certain amount every
• 25:46
  week if that's what you want, or by a certain amount every three
• 25:50
  months, every quarter, something like that.
• 25:52
  Look, you could go buy if any. If somebody came to me now said
• 25:56
  I have $100,000 I want to put into silver or gold, they could
• 26:00
  put that 100,000 in today and the price could double in six
• 26:04
  months and they'd be like, wow, that was smart.
• 26:06
  I'm the great, but the price can go down too.
• 26:09
  OK, it could go down by I don't like to talk about this, but
• 26:13
  let's say 30%, right? And now the 100 KS worth 70K if
• 26:19
  you if you buy in a little bit chunk by chunk over the course
• 26:23
  of years, look at it as long term generational wealth.
• 26:27
  Me, me personally, I always recommend like never buy metals
• 26:33
  with, with money that you think you're going to need at some
• 26:37
  point in the immediate future. OK, I look at it as generational
• 26:41
  wealth. I've never sold an ounce of
• 26:44
  metal period. I was joking around the other
• 26:46
  night. I said, you know, I know a lot
• 26:48
  about silver and gold. I do.
• 26:50
  I'll give myself a little credit.
• 26:52
  I know a lot about buying silver and gold.
• 26:54
  More on that in a second. I, there's some key, two key
• 26:56
  things you need to remember, but I, you know, I know that very
• 27:00
  little about selling because I've never sold any silver or
• 27:03
  gold, right? The one thing I would recommend
• 27:05
  is shop around if you ever go to sell silver or gold and have a
• 27:09
  plan with what you're going to do with that Fiat paper money
• 27:13
  that you're going to trade your silver or gold for and make sure
• 27:17
  that you're getting the best price that you can.
• 27:20
  OK, it's kind of like, I don't know, selling a car, trading in
• 27:24
  a car, whatever may be a bad analogy, but when you buy
• 27:27
  silver, you always, I mean, you want to make sure you're getting
• 27:30
  it from a reputable source, right?
• 27:32
  Like I love first met, OK, But there's other great reputable
• 27:35
  sources out there in the precious metal sector.
• 27:39
  But you always want to get my opinion.
• 27:41
  I always wanted to get the the price that I could get that is
• 27:44
  closest to spot. I think that's very, very
• 27:47
  important. So all right, guys, Hey, thanks
• 27:49
  for being here. Thanks for being part of the
• 27:51
  basement. I hope you have a great, great
• 27:54
  day and I will see everybody next time.
• 27:58
  I'll see you next time. Thank you.