Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / I Warned You! 🚀 REASONS Why SILVER Price CAN DO THIS! 🚀 (Gold Price Too)

Transcript

I Warned You! 🚀 REASONS Why SILVER Price CAN DO THIS! 🚀 (Gold Price Too) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:01
$55 silver within weeks. Hard to believe.
0:07
Hey, listen, one of the world's top and our new favorite silver
0:11
analyst said just that. We're going to talk about it in
0:14
this video. Don't forget guys, anything and
0:17
I mean anything is possible. Silver has had parabolic moves
0:22
in the past. And when this guy talks, hey,
0:24
we're going to listen to what he says.
0:26
But right now we are at a critical juncture for over put
0:30
on your silver armor. I wore my special silver shirt
0:34
today because guys, we got a big battle ahead of us, $32 silver.
0:39
Let's go straight to the charts. But wait a minute before we do
0:43
that. Let's go straight to you.
0:45
Yes, you. I see you.
0:47
Thank you for being here. Welcome to the club.
0:49
Right? You're part of the group.
0:51
You're a basement dweller. We're going to talk about our
0:53
favorite subject. Gold, silver, precious metal
0:56
mining stocks. But it's really important you're
0:58
here. Thank you.
0:59
Your time is valuable. Please subscribe to the channel.
1:02
Give the video a thumbs up. You can share it with your
1:04
grandma, your grandpa, your neighbors, whatever you want to
1:07
do and super chats and super thanks are always super
1:11
appreciated. Put on your silver armor, boys
1:15
and girls. Here we are at Yahoo Finance,
1:19
right? Yes, Yahoo Finance.
1:22
Looking at A2 year chart of the silver price.
1:26
Something absolutely critical is going on here.
1:30
Let's break out our Crayolas, see if we can do this.
1:34
Had a little trouble yesterday and we're going to draw a line
1:39
right about here. OK, look at that.
1:42
Look how straight I drew that. That red line, folks, is the new
1:47
red line in the sand. That's about, oh, let's say 31,
1:52
fifty, $32 per oz. We have broken above that is can
1:57
be clearly seen by the fact that right now in the futures market,
2:01
the December 24th silver futures contract is trading at $32.42
2:08
per oz. OK.
2:09
We bumped up against that in May.
2:11
We bumped up against it in July. That's called a double top.
2:16
We bumped up against it just a little while ago.
2:19
That's called a triple top, OK. Triple tops are very rare.
2:25
We had one in gold I believe last year that it broke through
2:28
on the fourth attempt. But when anything, whether it's
2:31
a stock, anything bumps up against the level, bumps up
2:35
again, typically on the third time it breaks out and never
2:39
looks back. And it appears for now that
2:42
that's what's going on with the silver price.
2:44
So when we have this, our most favorite, the top silver analyst
2:49
in the world, we're going to elevate him temporarily to
2:52
dictator, silver dictator level. Talk about the prospect, right?
2:56
The possibility that we could see parabolic moves in silver in
3:01
the coming weeks. We're going to pay attention
3:04
now. Look, if silver drops back below
3:06
$32 again, it's not the end of the world, OK?
3:12
It's not the end of the world because gold actually did that
3:14
and then broke out, if I have this all correct, on its fourth
3:18
attempt. But what is this person saying
3:21
about silver? That, that, that that makes us
3:24
need to perk up? And before we get to that, I
3:27
want to tell you guys, I know this morning, the silver price,
3:31
I got up, right? I'm waking up, yeah.
3:33
I don't know how you wake up in the morning, but I wake up a
3:36
little groggy. And one of the first six things
3:38
I do is check the silver price. It was up like $0.80.
3:42
I'm like, Oh my gosh, it's happening.
3:44
It's big. This is big.
3:46
OK, what's going on? I want to talk to you for a
3:49
second about volatility, which means big price swings.
3:54
Basically, the reality is we have to accept volatility,
3:59
right? Nothing goes straight up.
4:01
I think right now let's run out and check on the let's do a live
4:05
updated channel sponsor pin backs.
4:07
I'm going to press the magic button last.
4:10
Last we were here, this is about 20 minutes ago.
4:12
Silver was up $0.29 and silver's now up $0.30.
4:16
See, every time we press that button, the price goes up.
4:19
Gold up $10 per oz. But volatility, we need to
4:23
accept it. We need to embrace it.
4:25
We are going to have wild swings in the price.
4:28
What's critical, right? I'll give I'll give you an
4:31
example. If the silver price goes up
4:33
$0.85 like it was this morning, pulls back to being up $0.15,
4:38
but ends the day up $0.45, that's a net positive day.
4:43
We want to have a net. What we want is for the price to
4:47
continue in the upward channel and that's the situation we're
4:51
in right now. Guys, I'm telling you, buckle
4:53
up, buttercup. Now, if you do decide that you
4:56
want to get your hands, if you want to buy some gold, silver,
4:59
platinum, group metals and you're going to get it through
5:01
an online bullion deal or even if you're going to consider
5:04
getting it from a local coin shop, please consider supporting
5:08
channel sponsor Pinbex. And I can say that with a pure
5:12
heart telling you that I think you'll really benefit from
5:16
giving Pinbex a shot. What you'll find is ultra
5:20
competitive pricing, a great selection in a company you can
5:25
trust. And hey, look, compared to a
5:27
local coin shop, you'll save on gas money over the course of the
5:31
year. You could probably buy yourself
5:33
a couple couple free ounces of silver.
5:36
I've worked with Pembex myself for over one year.
5:39
And if you ever decide that you want to convert part or all of
5:44
an IRAI beg you. I'm looking you straight in the
5:48
eye. If you got an uncle, if you got
5:50
a neighbor, you got anybody. Whoever wants to convert an IRA,
5:54
please take your time, shop around, shop around.
5:58
Compare what all the different options can do for you.
6:01
Compare bottom line. How many ounces of silver, how
6:05
many ounces of gold are all those different options going to
6:08
get you right at the end of the day for the amount of money
6:11
Unicorn Fart does? Paper dollars, whatever you want
6:14
to call it, that you may or may not be deciding to convert.
6:19
And please, please make Pembex one of those options that you
6:23
check out. I think you could be shocked
6:25
compared to what they can do for you as opposed to what some of
6:29
the big highly advertised on the cable news channel companies can
6:35
do for you. I think you'll find that you can
6:36
come out way ahead dealing with a company like Pembex, but you
6:39
need to find that out for yourself.
6:41
I'm not giving financial advice. You know, that whole spiel.
6:44
OK, did I lie to you? Huh.
6:48
Am I sitting down here, silver stackers, am I lying to you?
6:52
Or did one of the top analysts, the guy that everybody respects,
6:57
talk about the prospect of $55 silver?
7:01
Not next year, not whatever. Hey, we're down here talking
7:04
about $44.00 silver by Christmas.
7:07
If he's right, we're going to blow through that by about 11
7:11
bucks potentially in the coming weeks.
7:14
I'm talking about Michael Oliver.
7:16
This guy is is loved. He is not a permeable, OK, I've
7:21
heard him. You know, he called tops in the
7:23
gold market. He's he's not constantly saying
7:26
silver's going to the moon, gold's going to the moon.
7:28
No, he's very pragmatic in his approach.
7:31
When I listened to him last night talk about the fact that
7:33
we could get $55 silver in the coming weeks, OK, he used the
7:39
word that they could go vertical.
7:41
You might be wondering about gold, He said.
7:44
Gold could go to 3000 in the coming weeks, but he recognized
7:50
the move in silver could be much more parabolic.
7:54
Same thing, by the way, for those of you who who invest in
7:58
precious metal mining stocks. Exact same situation in the
8:02
precious metal mining stocks. And I believe in what he's
8:05
saying absolutely no, no doubt about it.
8:09
He also pointed out something very interesting.
8:11
And we're, and I'm gonna give you the reasons why, a few of
8:13
the reasons why he thinks silver can go parabolic.
8:17
And I'm gonna give you a few of our reasons.
8:19
We'll add to it. Why silver can go parabolic.
8:22
Well, we know it just broke through that trouble top.
8:24
We'll make that reason #1 right. That chart we just looked at.
8:28
But realize this, let's let's let's go on a little side trip
8:31
briefly the the gold mining stocks, the GDX, that's the ETF
8:37
that tracks all the gold mining stocks.
8:39
Things are picking up, guys. There's going to be a little
8:44
wave, a little wave of money coming into the precious metals
8:49
sector. And guess what?
8:51
Just a little wave is all it's going to take because the sector
8:55
is so itsy bitsy, teeny weeny yellow polka dot bikini, the
9:00
silver market, the gold market, the gold mining stock market, so
9:04
small. Just a little wave, a little
9:07
wave of money, all right, It's going to make a huge, massive
9:12
difference, OK, if it all plays out in that manner.
9:15
But back to what I was saying. The GDX, the big gold miner ETF,
9:19
the tracks, the big gold miners. It's actually outperformed the
9:24
S&P 500 I have over the last five years.
9:26
But I think it was actually, he said over the last three years.
9:29
But it's still dirt cheap. There's still a lot of room for
9:33
that to run. OK, Where's the money going to
9:36
come from? It's it's going to come out of
9:39
the stock market. OK.
9:41
It's going to come out of the bond market.
9:43
And I want you to remember something.
9:45
OK? It's going to be looking for a
9:47
safe home and silver and gold. Everybody knows about it.
9:53
Yeah. I I challenge you, go out, walk
9:56
around your neighborhood, wherever you are.
9:58
Ask a random neighbor, ask anyone you run into.
10:01
Go to McDonald's, whatever floats your boat.
10:03
OK, Ask anybody what what's the most valuable thing in the
10:07
world? I guarantee you most people will
10:10
say gold. Most people will.
10:12
What are the two most valuable things in the world?
10:15
Everybody's already had the seed planted for?
10:19
They've been brainwashed not to buy it.
10:21
But it's just a few of these people.
10:23
Wake up, guys. It it can be absolutely
10:27
transformative for the gold and silver markets.
10:32
OK, let me get back on track here.
10:34
I apologize. Silver, right?
10:36
Why, why else do we think that silver can absolutely explode,
10:41
right? We know the whole list.
10:43
Where is it right, right. There's a whole list of reasons
10:46
why silver right? There's no overhead resistance
10:49
above this 3233 dollar level that we are fighting for right
10:54
now. What about the cup and handle?
10:56
Oh my gosh, right, right. What about the cup and handle
10:59
here? Let's pull that up and take a
11:01
quick look. It's been a while.
11:03
We drew this chart. Basement dwellers, right?
11:06
Remember we talked about this chart over the last 7-8 months.
11:11
If we get this move right and if this is the most powerful chart
11:15
pattern in the in the history of technical analysis, that's no
11:19
joke, right? In the longer period of time
11:22
that the cup and handle develops over the more predictable and
11:26
more powerful that it is. And this is one of the biggest,
11:30
purest. It's one for the textbooks.
11:34
That guy. Oh, shoot, I'm forgetting his
11:36
name. Byrne.
11:38
Jordan Roy Byrne. I'm I'm, I'm sorry.
11:41
I apologize. I'm horrible with names.
11:43
He's like one of the best technical analyst out there.
11:45
He says this is one for the textbooks.
11:47
OK, that's just one reason. Let's take a look at the other
11:51
there. There's another way to look at
11:52
the cup. See the cup and see the handle
11:56
and see the big arrow. So that that's one.
11:58
That's another one of the reasons, OK, we got all these
12:01
new stackers. They're going to be joining us.
12:04
The big bricks meeting, big news on the bricks.
12:06
We're going to talk about that towards the end of the video.
12:09
Brazil, Russia, India, China, South Africa.
12:12
OK, China just did a massive stimulus program that in
12:16
particular for silver. That's what we were waiting for,
12:20
right? That's what we were waiting for.
12:22
They're going to be buying more copper and silver than the world
12:26
can supply. We know the industrial demand.
12:28
We know on top of that there's been a deficit for the last five
12:31
years. We know that from a supply
12:33
perspective, Mexico, the world's biggest silver supplier, right,
12:39
is, is making it very difficult to mine silver.
12:42
And there it's almost like they don't want silver mines.
12:44
And that's like one of they're the world's biggest producer,
12:48
OK. And we know the situation of the
12:50
United States, right? Runaway debt runaway, the
12:53
financial conundrum that the United States is in, which will
12:57
only push the value of the US dollar down.
13:00
And on top of that, we've got a world geopolitical situation
13:04
like we've never had before. OK, But let's let's move on
13:09
because. And let's remember, right, this
13:12
Michael Oliver, respected analyst in the silver community,
13:18
not a guy who's just constantly bullish on silver.
13:23
Our gold is telling us that we could get $55 silver within
13:27
weeks. OK, look, you know, I think it's
13:31
a little bit of a long shot. How do you feel about it?
13:34
But I also know sometimes the long shots come in and whether
13:39
it's in the next few weeks or the next few years, I am very
13:43
confident that we will see that $55 silver arranged.
13:47
No, no matter what, embrace the volatility.
13:53
I want to get back to that. You're, you're a silver
13:56
investor, guys. Silver is always has always been
14:01
a very volatile metal. It moves, it has mood swings.
14:05
It's like bipolar, right? Some days it's in a great mood,
14:08
some days it's in a bad mood. We need to realize that we need
14:11
to continue to embrace the volatility, but the volatility
14:15
as of late, we can look at it, it's a good thing because that
14:20
volatility is occurring within a higher and higher and higher
14:25
price range. And we can get all fancy with
14:28
more technical analysis if you want.
14:31
But really it's quite simple, right?
14:33
We the, the, the big volatile moves and we've been saying this
14:37
for the last probably three or four months we've been talking
14:39
about this, right? The volatility is OK, right.
14:43
Maybe we have a day where the price of silver goes up.
14:45
How do those days when it goes up $1.40 or $1.30 or $0.98,
14:52
those days feel great. OK, we might have days then the
14:56
next day or the next week where it goes down by 74 cents, 68
15:02
cents, Whatever the case may be, as long as the big up days are
15:07
outweighing the down days, we are in beautiful, beautiful
15:12
shape. Because over a period of time,
15:15
it's going to be like this, The price of silver continuing
15:19
upward, just like we've seen, just like we've seen with record
15:23
new all time highs in the gold price.
15:26
And what about a speculative mania silver, right?
15:32
Maybe within the next 6 months, $65 per oz, $85 per oz.
15:37
I want to ask you a question, right?
15:39
Why do you think it's OK that we have speculative manias in the
15:46
tech stocks, NVIDIA, Apple Computer?
15:50
I would even argue stocks like Microsoft are way, way
15:55
overvalued. Why is it OK to have speculative
15:59
manias in the crypto currencies, right?
16:02
What's great news? This is great news for US silver
16:07
and really gold investors as well.
16:09
But we're going to hone in on silver, right?
16:12
We're the opposite of that right now, OK?
16:15
The last few years are the we're the opposite of a bubble, the
16:20
opposite of a speculative mania. The good news in that?
16:25
The silver lining? You love Silver Linings.
16:30
I do too. Is that from where we are being
16:34
on the floor, right, There is so much room for improvement,
16:38
right? It's going to be really hard for
16:40
these tech stocks, the NASDAQ 100 to continue this big massive
16:44
upward growth trajectory. But for the silver price, even
16:49
at $32 per oz right now, it's not so difficult.
16:54
We are on the floor, OK, We started to move.
16:58
We're coming up, so I have to lay on the floor to demonstrate
17:01
this. It's like if the silver price
17:03
were Ron's basement, right? I have a two-story house above
17:06
me, but I'm in the basement right now.
17:09
The silver price is about right right here, about 1/3 of the way
17:14
between the floor and the first floor, $150.00 silver is the
17:20
tippy top of my roof. I promise you I'll you know
17:24
what? When we get to $85 silver, I'll
17:27
do a live stream from the tippy top of my roof and it's scary up
17:30
there. I've been up there a number of
17:31
times. The good news is we got a lot of
17:34
room to run those tech stocks, the cryptos, they're already up
17:38
on the roof. Heck, they're jumping, they've
17:40
jumped out higher off the roof. So we've got a lot of big room,
17:44
a lot of big room to run within those.
17:46
And what? What proof?
17:47
Let's go. Let's look at more proof.
17:50
We got more reasons why, and we will go on a little field trip.
17:58
This is a great article on Zero Hedge.
18:01
What is this telling you Goldman Commodity traders?
18:05
Gold buying on our desk has been relentless and silver is
18:10
starting to move too. This is a huge article.
18:13
I just want to show you 2 charts that that they give us no and no
18:19
uncertain terms can tell us where we're going, OK?
18:23
This one, gold versus the gold ETFs started about two years
18:28
ago. The price of gold is the blue
18:31
line. You can see right from about
18:33
what mid 2022, the price of gold has shot higher.
18:38
The amount of money going into the ETS has gone down.
18:41
But, and if you look back over time, right, and this is true of
18:45
all the precious metals, the price had followed very closely
18:51
the amount of money flowing into and out of the ETS.
18:54
Well, then we had big outflows, but the price of gold continued
18:58
higher. Again, this is good because now
19:02
we know that money is starting to come back into the gold ETFs
19:06
and that will be an even bigger source of wind in the sails for
19:11
the precious metals. Let's go to this next slide and
19:20
it shows something even more interesting.
19:24
Gold price against the same same basic chart.
19:27
OK, OK, not wrong chart. Actually that's the same chart.
19:34
Let's go down a little further here.
19:36
Basement dwellers, here we go. We want the one with the green
19:38
and the red box, OK, On this chart, guys, this shows in blue
19:46
the blue line. So follow that blue line, that's
19:49
the gold price, the red line, I'm sorry, the green line.
19:52
So blue is the gold price, green is the ETF flows like we just
19:58
looked at. But what's interesting here is
20:00
they added a red line, which is managed money futures.
20:04
OK, this is it says right here regime 2.
20:09
This is when things changed. Gold price now Co relates with
20:13
gold managed money. Those are hedge funds investing
20:18
in gold. This is also Co relates, relates
20:22
directly to central banks buying gold.
20:25
Again, the green line is the ETF.
20:27
When this green line continues to go up, it's going to send the
20:31
price of gold and silver for that matter, even more, even
20:36
more crazy to the moon. What other, what other you know,
20:40
we talked about, you want to hear about why gold should be at
20:44
$5700? There's a ratio, right?
20:48
The S&P 500, right, which is about 5700 right now.
20:53
The S&P 500 index, a ratio of the S&P 500 to gold.
20:58
Right now it's about 2:00 to 1:00 because gold's about half
21:02
the price of the S&P 500. If we look back over 100 years
21:06
and I've got a whole video coming out tomorrow, it's very
21:10
common. Actually, the long term 100 year
21:13
average is for the S&P 500 in gold to be at parity.
21:19
Parity that means equal 1 to 1. So easily right now if we were
21:24
to have A1 to 1S and P500 to gold ratio, we'd have $5700
21:28
gold, we'd have much higher silver.
21:30
OK, and it and you know this chart, but I need to pull it up
21:33
for you one more time because this shows this is insane reason
21:39
why silver is absolutely bizarrely undervalued.
21:46
And this is if we compare the silver price to the NDX, the NDX
21:51
are the big tech stocks, that's the NASDAQ 100.
21:55
And when we look at this, I like to call this the big butt
21:59
pattern. You may call it something else,
22:02
but we are at like historic lows.
22:05
This again, one ounce of silver as compared to 1 unit of the
22:09
NASDAQ 100 index. You can see back here, right,
22:14
what just back in the 1980s, it was at .05, OK, that was when we
22:20
had the high in silver. All right, $50.00 an ounce.
22:23
Here's silver's 2011 high. Same thing.
22:26
Now we're all the way back down here.
22:29
If we were to get just back to the silver 2011 ratio point O2,
22:36
I mean we're talking multiples, OK, multiple higher silver
22:41
price. If we go all the way up here, if
22:43
we want to get all the way back up to the all time highs, that
22:47
would mean silver out pour outperforms the NASDAQ 100 by
22:52
30X. That's what 3003 thousand
22:58
percent return that means 30 times that's I did the math
23:03
actually, you know what here Yep, wrong one.
23:08
I did the math right. If the NDX, the NASDAQ 100 were
23:12
to stay where it is right now, it's probably higher because
23:15
tech stocks are up again today and we're, and we were to get
23:18
this ratio back to point O 55 silver would be $1100.
23:24
I mean, it's mind numbing guys. This really happened.
23:27
This ratio right here .055. Remember this is where we are
23:31
now roughly .016. All right, So that would be 30X
23:36
and we're with the NASDAQ 100 at 19,800.
23:40
Silver when I made this was a 31.
23:43
It's crazy, even if we split the difference, OK, and let's say
23:47
the NASDAQ 100 dropped by 50% to 10,000, OK, If we wanted to get
23:53
back to that .055, that would put silver at $550 per oz.
24:01
It's unbelievable, OK. And again, what do we know
24:08
that's happening in the world right now with silver, Silver's
24:13
reaching all time highs and so many other currencies.
24:16
OK, I got to show you one more time.
24:19
And I know it's a repeat, but it's worth it.
24:21
Trust me. Hold on here.
24:25
I got to get to the right chart. Here we go.
24:28
I'm getting good. I'm taking notes.
24:29
Basement dwellers. Hey, thank you, Jake Gold for
24:32
the win. Yes, thank you, Jake from Jake's
24:35
custom parts and thank the guy moderates and he is given a
24:40
super chat. You know what, Jake?
24:41
I'll ring the bell a little early for you.
24:45
Hey, guys, please. Yeah, don't forget, give us some
24:47
thumbs up. Susie's out for a walk.
24:49
So I can't get an update, but here's Canada, our friends up
24:54
north, we have reached new all time highs in the silver price
24:58
in Canada and it's happening all over the world.
25:02
We can't emphasize this enough, OK, Argentina, China, I mean
25:08
India, everywhere, new all time highs in silver.
25:13
The the the last to show up to the party will be the United
25:17
States. But guess what?
25:19
Guess what, little secret for you?
25:22
That's the same thing that happened in the gold market over
25:26
the last six months. You know who was the last to
25:29
show up for the party in the gold market?
25:32
the United States of America, right?
25:36
And that's the exact same thing, right?
25:38
That's going to happen with silver if it all plays out.
25:42
Don't make any financial, I believe this.
25:45
I can sit here and look you straight in the eye.
25:46
I believe it 150%. But every once in a while I'm
25:52
wrong. So don't make any big financial
25:54
decisions based on on anything that I'm saying.
25:57
The only thing we need, I feel like this is Flashback Friday,
26:02
but it's Thursday, guys. And this is what Michael Oliver
26:06
was, was somewhat talking about, but it's very important for us
26:12
to always remember, right? Extras, pyramid gold and silver
26:16
are tiny little itty bitty markets compared to and they're
26:20
the base of everything and they're real.
26:23
We know that everything else above it, that's everything's
26:26
based on gold and silver, bank money, base money, government
26:31
bonds, corporate bonds, I'll even say stock market
26:34
derivatives. Some people even say cryptos.
26:37
It's only going to take a drip of this money, 1%, heck .5% of
26:43
this money moving into the metals markets, the mining
26:49
stocks, for there to be big, big, big, big moves.
26:53
I'm not talking about like double, I'm talking about like
26:57
4445 times, OK? I mean, hey, we'll even take
27:02
50%. Although don't forget being very
27:05
critical for you to remember the silver price has been up by 50%
27:14
over the last one year. Now I'm going to do something
27:18
right which can make some of us a little nervous.
27:22
We're going to take a risk, we're going to go back out to
27:24
pin backs and we're going to do another update on the silver
27:28
price. This is a big day for silver.
27:31
This is not the updated price. OK?
27:34
We were up $0.30. We need to stay above 32.
27:38
Not the end of the world if we don't get it, but there we go.
27:41
OK, we're doing it, baby. Hey, the pin box magic button is
27:46
working today. All righty what a deal.
27:56
Let's move on to bricks. This is, this is a huge, huge,
28:01
huge developing situation. And I mean, these dates come up,
28:06
we've we have the massive United States election coming up here
28:11
in what about six weeks, 5 weeks.
28:14
But what could be even much bigger than that is what's
28:18
happening with the BRICS meeting in Russia in just a few weeks.
28:23
And we've got some more and more people.
28:27
I still say speculation, some people.
28:29
Do you believe it is it is, it is 100%.
28:32
You know what, here I'll say this, I'm just going to give
28:35
you, I think there's about a 62% chance, OK, we're going to that
28:42
we're going to get news, official news from the bricks
28:46
about a gold backed currency that will send absolute shock
28:51
waves throughout the world financial system.
28:55
It's essentially a return to the gold standard.
28:59
And the more news we get about what's going on with bricks, and
29:02
I'm going to, and I'm going to share with you a scary article
29:06
from the United States talking about the bricks.
29:09
But the more news we get, the more it feels like it's becoming
29:12
more and more likely that the world will be moving back on to
29:16
the gold standard. And don't forget, if a majority
29:18
of the world's population and economic power and the bricks
29:23
are huge, start migrating, right?
29:27
Coming back to the real true forms of money, silver and gold,
29:32
it's going to give the United States no other option.
29:35
By default. We will be forced.
29:37
They'll be like, hey guys, you have fun with your paper dollars
29:40
over there, right? If you want to, if you want to
29:43
play ball with us in the bricks, we need something real.
29:47
Baby. Let me show you something real.
29:49
It's time for The Daily Show and tell.
29:52
I'll show this one of my favorite pieces of silver
29:55
because #1 she's beautiful, but #2 this one ounce real money
30:02
came from my good friend coin shop Chris.
30:06
Need I remind you he has his own YouTube channel.
30:09
I said web page one time and he he got a little hot under the
30:13
collar YouTube channel. So go to YouTube.
30:15
Not now later type in coin shop Chris.
30:19
He tells some great stories from what goes on at the coin shop
30:23
and I usually have him on once a week to do kind of a highlight
30:26
video, but go to his channel and subscribe.
30:28
He's he's doing done a great job and he's helping get the word
30:31
out right and he knows a lot about junk silver.
30:34
None the less, the brick situation could force the United
30:40
States to recognize the true real value of silver and gold.
30:45
OK, and guess what? I got news for you a little
30:48
secret. They aren't talking about this
30:53
on CNN, the children's news network.
30:58
They aren't warning the general United States public or not
31:03
necessarily warning them, but even letting them be aware that
31:07
this is going on. This is happening.
31:09
This is happening, guys, and it is big.
31:13
This is kind of like if your bank is failing, you aren't
31:16
going to go into your bank and the teller say, hey, you know, I
31:20
think the bank's failing. No, right.
31:22
No, they're going to say everything's great.
31:23
You want to open a new platinum gold checking accounts right
31:26
now, right? This is happening right now in
31:30
our world. President Xi of China, I want
31:34
you to think about this. All right, put two and two
31:37
together. This was like a year and two
31:39
months ago. It was meeting with Vladimir
31:42
Putin, the president of Russia. And as they were embracing each
31:47
other and a warm show of affection as they were leaving,
31:52
right, President G whispered into President Putin's ear.
31:56
The world is changing like no other time in history, and we
32:01
are at the forefront of it. This is real.
32:03
This is really happening. What's the foreign?
32:05
Is the United States scared? They better be right.
32:09
This is big news. OK.
32:11
And here, listen to this. This is from the Foreign Policy
32:16
Research Institute. Because we only go to the
32:18
highest levels when we're going to talk about what's happening
32:21
in our world right now. All right?
32:24
And it's going to give you a couple reasons why the United
32:29
States is is scared. And this.
32:31
Yeah, this comes from the Foreign Policy Research
32:35
Institute. A nation must think before it
32:38
acts. Okay, Anyway, here's the bottom
32:42
line. They're talking about the
32:43
bricks, okay? Brazil, Russia, China, India,
32:47
South Africa, the United Arab Emirates, Saudi Arabia, which
32:51
that's wrong. They're not officially in Iran,
32:53
Ethiopia, Egypt, led by China. Those bad people is challenging
32:59
the rule, rules based international order of the G7,
33:03
challenging the ruling empire. Do you know who the G7 is?
33:07
Canada, France, Germany, Italy, Japan, United Kingdom, the
33:11
European Union and the United States, led by the United
33:15
States. So they're making this out that
33:17
it's the United States against China.
33:19
OK, The BRICS is challenging the established international order
33:24
in three ways. We're really most concerned
33:27
about the first, which is through an independent economic
33:30
system. How dare they?
33:33
That will heavily influence the global market.
33:39
Guys, think about this, OK? This is the Foreign Policy
33:45
Research Institute saying this again.
33:48
They're not going to talk about this on MSNBC or CNN or probably
33:53
even Fox News for that matter, OK.
33:55
The second is with artificial intelligence governance
33:59
framework that would jeopardize privacy, accountability,
34:02
transparency and human rights. Well, what about what Israel's
34:06
doing? They're, I guess, not part of
34:07
the G7, but they're definitely one of our big allies.
34:10
They're wanting to eliminate cash all together, make
34:13
everything electronic and ban people's abilities to hold gold
34:18
and silver, but I digress. The third threat from the bricks
34:23
is the is the military regional security alignments that could
34:27
change the balance of power in regions vital to the US national
34:32
security interest and economic interest oil.
34:38
Anyway, this this is this is interesting Third Point.
34:42
If the United States fails to act, the BRICS is likely to grow
34:47
in strength, align foreign policies against US interests,
34:51
and have the potential to disrupt the global order that
34:55
thus far averted major conflicts.
34:59
Feels like we've had some pretty major conflicts, doesn't it?
35:04
We've had major conflicts despite what's going on.
35:07
So that's, that's that part of the BRICS.
35:09
OK, now listen to this in Russia while they're talking about this
35:15
potential for going back to the a form of the gold standard,
35:19
does the, the, the prospect of going back to the gold standard,
35:24
who's going to be there? Indian President, The Indian
35:27
president is coming in the president of India. 1.4 billion
35:31
people, the fastest growing economy in the world, the most
35:34
number of people that are going to be moving into the consumer
35:37
middle class over the next 10 years.
35:39
India, the precious, the precious metals capital of the
35:46
world. India, I don't care what they
35:48
say. I believe undoubtedly India
35:52
rules the world's precious metal market.
35:55
They have officially, officially 25,000 metric tons of gold
36:01
hidden in their houses. OK, that's the official number.
36:05
There's speculation that the actual number is way higher than
36:09
that. Need I remind you, that's more
36:12
than three times the amount of gold in India in houses more
36:16
than three times greater than what the United States
36:20
supposedly has at Fort Knox. So the president of India, whoa,
36:26
whoa, whoa, whoa. India basically at this point is
36:30
bought like over a third, almost 1/2 of all the silver that's
36:35
been produced in the world this year.
36:42
The president of India will be attending in person the BRICS
36:46
summit in Russia at the end of this month, actually the end of
36:51
well, next month. But you know what I'm saying?
36:54
Less than four weeks away, basement dwellers.
36:56
Who else will be there? Oh, President Xi of China, mic
37:03
drop, right? Big step.
37:04
They they are stimulating the OK 1.4 billion people in China, 1.4
37:10
billion people in India. They all love 2.8 billion
37:14
people, silver and gold. Their governments love silver
37:17
and gold 2.8 billion that's like 8.6 * 8.6 times the amount of
37:27
us. That's me.
37:29
You may be joining from somewhere all over the world.
37:31
Wherever you are, Thank you for giving us your time and being
37:35
part of the silver and gold fanatic club, the basement
37:39
dwellers. All right, thank you.
37:41
OK, nonetheless, China and India, the gold and silver
37:45
fanatic countries, they got like 8.6 times the amount of people
37:49
like me, right? I'm an American.
37:52
Look, look, I have a self waving American flag.
37:55
You know I go to no ends to entertain you people.
37:59
My fellow basement dwellers. Do you know how expensive self
38:02
self waving American flags are? None the less, they got all
38:06
those people are going to be in person in Russia talking about
38:10
going possibly to the gold standard.
38:14
But it gets even crazier because now guess who's going there,
38:18
right? Our arch enemy, Iran, the
38:20
president of Iran. I was shocked, flabbergasted,
38:25
blown away, flummoxed when I saw this.
38:29
Look at this from Reuters, Reuters Reuters Iran's president
38:39
to attend the BRICS summit in Russia.
38:42
What? This is a massive slap in the
38:45
face to the United States. Iran's President Masood
38:48
Pozekskian will attend the upcoming BRICS summit in Russia,
38:53
state media cited. Tehran's ambassador to Moscow
38:56
was saying on Sunday amid tensions.
38:59
That's an understatement with the West over military
39:02
cooperation between the two countries.
39:04
US Secretary of State Anthony Blinken said on Tuesday that
39:08
Russia had received ballistic missiles from Iran and was
39:12
likely to use them in Ukraine within weeks.
39:16
Cooperation between Moscow and Tehran, that's Iran, a
39:20
threatened wider European security, he said.
39:24
Wow, new sanctions. I mean, every time we turn
39:28
around, what's what's critical guys, absolutely critical for us
39:33
to remember, we are likely right now, take a deep breath.
39:37
This may startle you, but we are likely right now in the set and
39:42
in the middle of a major financial system reset in the
39:48
world. Again, they aren't going to tell
39:51
you about it in the mainstream Western media.
39:54
I could be dead wrong, but when do you feel this?
39:58
When you look at all the data, everything going on, can you
40:02
just feel that it's happening and remember this?
40:06
There's a major cataclysmic event that you as a silver and
40:10
gold investor could find yourself being very, very happy
40:14
that you've held on to silver and gold.
40:15
But remember this. You don't realize how big
40:21
something is like this until after the fact.
40:24
Five years, maybe three years, maybe two years, maybe 8 years
40:28
from now. The world is changing at a rate
40:31
like we've never, ever seen before.
40:34
OK, the other moves that we're going to see here, let's talk
40:37
about CBD CS, right? Because that's part of what is
40:41
going on with the bricks as well.
40:43
This, this, the, these new systems are absolutely coming.
40:49
I'm going to warn you, in five years, I believe undoubtedly we
40:54
will no longer have cash. We saw the experiment, the
40:58
proposal in Israel. Let's get rid of cash and let's
41:01
eliminate people's ability, which struck a lightning bolt of
41:06
fear into this guy's heart. Ban Israelis ability to hold on
41:14
to silver and gold. This is happening right now in
41:18
our world. Now some people think right.
41:21
They speculate that the that the implementation of the CBDC in
41:27
the Western world could happen in beneath the backdrop of major
41:34
crisis, be it a financial crisis, a geopolitical crisis
41:39
where people are scared. Just be ready, right?
41:43
I don't want bad things to happen.
41:44
Look, I love this country. I love what our founding bother
41:47
set out for us, but they're going to likely try to shove the
41:51
CBDC down our throats at some point in the future.
41:54
I could be dead wrong, I could be dead wrong.
41:57
And I certainly, I don't even want to think about right now if
42:02
our government decides to confiscate people's silver and
42:08
gold. I don't want to bring up a
42:10
source. A sore spot for you, right?
42:13
But in 19, was it 33 that happened in our country during a
42:17
crisis, the Great Depression? OK.
42:21
So we got to keep our minds open to anything that could happen.
42:26
Will there be another crisis? Will they?
42:28
I mean, it could get very, very, very interesting very quickly.
42:33
But the key to remember here is the global financial resets do
42:39
happen. We had the Bretton Woods in 1944
42:43
and that worked actually pretty darn well.
42:44
We were on the gold standard after World War 2.
42:47
America ruled the world. The dollar was backed by gold.
42:51
It was one of the greatest multi decade periods of economic
42:55
growth and prosperity. The middle class did well,
42:58
right? But then in 1971, we had a big
43:01
reset, basically are a major change when President Nixon took
43:06
us off the gold standard. Are the BRICS countries putting
43:10
us back onto the gold standard, right?
43:13
The world, right? You know, there's no reason why
43:19
not, OK. And it's gonna be a very
43:22
interesting set of circumstances that we're gonna see play out as
43:26
all of this happens. We always think, don't we?
43:30
Like it'll never happen. Even in my mind, I'm like, you
43:34
know, we have recency bias. I want to use this analogy,
43:38
right? The fact that we think all we
43:39
couldn't go back onto a gold standard or all we couldn't have
43:42
a major financial reset or a major changes in the world, OK?
43:47
It's kind of like I live in Saint Louis.
43:49
I live about a mile from the Missouri River.
43:51
Let me tell you something. You can get land really cheap
43:54
down in the floodplain, and you could build yourself a house
43:57
down in the floodplain, OK. And you know what?
44:00
For the last 30 years, it hasn't really flooded down there.
44:05
So I got this nice where we're living in this nice house down
44:07
by the river. Everything's awesome.
44:10
But about every 50 years, about every 100 years, OK, the river
44:14
floods. It happens.
44:16
It's going to happen. But it hasn't happened for 30-40
44:19
years, 50 years, 100 years. That's exactly the situation
44:24
that the world finds itself in right now as it thinks, oh,
44:28
there could never be a big financial reset.
44:30
We could never see anything like that happen.
44:33
It's going to be interesting. I want to say thank you for
44:35
being here. I need to say thank you also to
44:38
channel sponsor First Mining Gold.
44:39
They make this possible. They're a Canadian gold
44:42
development company with two multi million ounce projects in
44:47
Canada and Fortuna Mining. They're an active gold and
44:51
silver mining company, big operations in Latin America,
44:55
silver and gold, and West Africa where they're mining gold.
44:59
It's several operating efficient gold mines.
45:04
Thank you for being here. Please don't forget to support
45:07
pen backs for your online bullion needs and I'll see you
45:10
soon. Thank you.