Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER NEWS!⚡ - You Best LISTEN to This! - Gold Price Update Too
Transcript
- 0:01Silver and gold major breaking stories, big news that we're
- 0:06going to cover in this video. We're going to change our
- 0:09perspective on precious metals by the time we wrap this up.
- 0:13There's so much going on. We're going to start with an
- 0:16update on the price because it is crazy.
- 0:18Today I was looking like an hour ago, silver was down more than a
- 0:22dollar. And then I just checked before I
- 0:25came on and it made quite a recovery.
- 0:27Let's go take a look at the silver price.
- 0:29We'll start with the spot price of silver and we're down $0.33.
- 0:36Gold is down $70 per oz. So we've made a bit of a
- 0:41comeback in the silver market. Now let's go over to the futures
- 0:45market where we can see what those fine folks at the COMEX
- 0:50are quoting for silver. Looks like over there we have
- 0:54$87.00. Wow, up $1.27 in the futures
- 0:58market. And I want to point this out,
- 1:00guys, I was looking at this right before we came on.
- 1:03Hey, look, you know, I know we've been through a bit of
- 1:07volatility as of late, but everywhere we look on this
- 1:11chart, we see upward trends. Now, of course, right this, I
- 1:16don't even, I don't know what you call this, this right here.
- 1:20Let's just talk about this real, real quickly.
- 1:23This part right here, right? Well, we had that move where we
- 1:27went up to $120.00. That was really a parabolic
- 1:30move. I won't call it a bubble per SE,
- 1:33but that was really a parabolic move.
- 1:35And it's natural when things like this occur that we have a
- 1:39pullback, the Super encouraging thing that we can see on the
- 1:43silver chart right now. And then we're going to talk
- 1:45about the Comex. Yes, we have a warning about the
- 1:48Comex. We've got proof of manipulation
- 1:52that we're going to look at here in a little bit.
- 1:53But the encouraging thing on this chart is right here between
- 1:59about 70, wow, we're all the way up at $87.00 right now, but
- 2:04between about 75 and let's say $85, we are in the process of
- 2:10building a strong base, right? We are consolidating within that
- 2:15range. And you know what, everything,
- 2:18any market, it doesn't matter what you're looking at after it
- 2:21consolidated, it builds a base. The people that don't want to be
- 2:24in silver anymore, the short timers, right, they're going bye
- 2:29bye. They've been going bye bye for
- 2:31the last two or three weeks. A lot of those people that
- 2:33joined right us in the silver camp when silver went from $85
- 2:39to $120.00, bye, bye, they're gone.
- 2:41They didn't mean to stick around anyway.
- 2:43They were just trying to make a quick buck now in the 75 to $85
- 2:48range. The real people, the real Silver
- 2:52Rangers, the real basement dwellers like us, right, are
- 2:55building a stronger and stronger foundation from which we can, I
- 2:59believe, expect to see much higher silver prices.
- 3:03Remember, I'm not a financial advisor.
- 3:05Always do your own research. But I am your friend.
- 3:08And on that note, I want to say something to you, my fellow
- 3:11basement dwellers. I'm honored and pleased on
- 3:14behalf of upstairs, Susie and myself to say thank you for
- 3:18being down here. We want you to come back.
- 3:20This is a friendly environment. We love silver and gold.
- 3:23We've got camaraderie, a sense of togetherness.
- 3:26Please subscribe to the channel. It's free.
- 3:29That way you'll know every time we go live.
- 3:32Hit the bell notification, leave a comment in the comment
- 3:35section. And please, please, please,
- 3:37super chats, super thanks. Donations never expected, always
- 3:41appreciated. Let's go see what's going on at
- 3:44the Comex. And then we're gonna look later
- 3:46on about some proof. I think we can call this that.
- 3:50The silver price is indeed manipulated at the Comex.
- 3:54But we're gonna go to our friend the International Stacker.
- 3:58I think that's the community that always has the crabs
- 4:00running around. We love them and actually
- 4:03somebody in the silver and gold community told me he met this
- 4:06guy, International Stacker, and he's a super nice, super high
- 4:10quality guy. So anyway, thank you for this
- 4:12info. International Stacker who says
- 4:14breaking the COMEX? OK, this is an update on what's
- 4:17going on at the COMEX, right? The March contract that's
- 4:20setting to expire, this big potential for fireworks that
- 4:25could happen. They just rolled another 6320
- 4:30silver contracts forward, but there are still 37,600 contracts
- 4:37hanging out there. That's equal to 188.2 million oz
- 4:45that are still demanding physical but, and I like big
- 4:49butts, I will not lie, while registered in the vaults is
- 4:53sitting just at 88,000,000. So I don't think we need to be
- 4:58Albert Eisenhower to do the math on this one.
- 5:01There's as of this morning 188,000,000 oz that are
- 5:06demanding physical but only 88 million in the vaults That would
- 5:10be let's do some complex math. Oh, there's 100 million out
- 5:14shortfall as of this morning. Paper promises verse real two
- 5:19times the claims on available supply.
- 5:22Look, I've shared with you my opinion on this situation.
- 5:26The comex very likely will not blow up.
- 5:29OK, they will find a way to kick the can down the road.
- 5:33However, what this tells us in no uncertain terms is that there
- 5:38is massive stress in the physical market for silver.
- 5:43And we're going to look at a lot more evidence that that's the
- 5:46case as we work our way through this live stream video together.
- 5:50But before we do that, let's talk about a massive sea change,
- 5:54a massive paradigm shift in the the overall markets.
- 5:59That's very, very good for the precious metals.
- 6:03And what I'm what I'm talking about is yesterday we had a
- 6:06pretty much major collapse in almost every segment of the
- 6:10overall markets, but with the exception of silver and gold.
- 6:15And let's go out and take a look and I'll tell you why it's so
- 6:18important and why it is such a big, big deal.
- 6:21See if I can get this to move up.
- 6:26OK from metals and miners. All right, Headline sea of red,
- 6:31a tide of gold, a sea change risk off as fear grips the
- 6:37market yesterday and the VIX spikes.
- 6:40The VIX is the volatility index. It measures basically how
- 6:43worried people are about the market.
- 6:46Stocks crater and gold, silver and the miners surge.
- 6:52There's a big reason why this is important and green.
- 6:54This was not a coincidence. It was a clear and undeniable
- 6:58signal that the great rotation. I'm calling it a sea change to
- 7:02go with this tide. Comment early or or paradigm
- 7:05shift, however you want to say it is firmly underway as fear
- 7:10grips the broader market capital is making a strong statement to
- 7:16the safety of real money. All right.
- 7:18And then they got a whole list down here, the market general
- 7:21market bloodbath, the VIX spiked.
- 7:24But the big take away here guys is look, traditionally gold and
- 7:29silver were safe haven assets. They used to react inversely to
- 7:33the overall markets. This was 20 years ago when I
- 7:36first got into the metals. It was like a like a hedge that
- 7:39you would use again. That kind of went away, but it's
- 7:42back now and it's not going to happen every single day.
- 7:46But the trend is definitely developing when the remember
- 7:49like five years ago, what everybody would say is, well, if
- 7:53the stock market crashes, gold and silver are going to crash
- 7:57too, blah, blah. And for a while that was kind of
- 8:01true. That happened during C-19.
- 8:03Remember when, when silver dropped like what, $12.00 per oz
- 8:07for like 1 day. But things are different now.
- 8:11We are in a different environment and more and more
- 8:14what we are experiencing is that when the general markets, when
- 8:18the stock market, when the bond market and these markets go into
- 8:21red like my shirt, right, Gold and silver are continuing to be
- 8:26strong and days like yesterday, today when everything was red,
- 8:30right, But silver and gold were green.
- 8:33That is a new going back to a trend that that that really
- 8:39never went away, right. In the fact that gold and silver
- 8:43can do well in these environments.
- 8:45It happened during the Great Depression.
- 8:47It happened during many other periods of time when gold and
- 8:50silver performing. And the reason why think about
- 8:53this, This is why because when investors are out there and like
- 8:58that article said, the capital flows and they're thinking, OK,
- 9:02do I want to put my money in the stock market?
- 9:04Everybody knows the overall stock market, the tech stocks,
- 9:07the mag 7. It's a big bubble, bubble,
- 9:10bubble trouble. What about real estate,
- 9:13commercial real estate, it stinks, right?
- 9:15Residential real estate. I can't believe what Zillow or
- 9:19whoever says this house is worth, right?
- 9:21It's in a bubble. The bond market, who wants to
- 9:24buy, was that not the Chinese, not the whole world, right?
- 9:29The point here is that the the menu of attractive investment
- 9:34options is becoming a bit constrained and silver and gold,
- 9:39which have always been the world's reserve currency, are
- 9:43looking more and more attractive.
- 9:45So we are in the middle of a major sea change right now.
- 9:49We can definitely continue to see and I believe we will see
- 9:54that the precious metals will and can perform well despite
- 9:59whatever chaos the general markets throw at us.
- 10:02OK, let's talk about Mexico and then we're going to talk about
- 10:05what's going on at the COMEX. And proof, this is awesome proof
- 10:09that there's manipulation at the COMEX.
- 10:11But guys, Mexico, when we talk about silver, nothing's more
- 10:15important than Mexico. They produce more silver than
- 10:18any other country on the world. And there have been big, big
- 10:21problems in Mexico. And some people are speculating
- 10:25that this could have an impact on the supply of silver coming
- 10:30into the market. Now, again, we don't need to be
- 10:32Albert Eisenhower to remember that when supply goes down and
- 10:37demand goes up, which is the case with silver, usually that
- 10:41makes there's only one thing that fixes that.
- 10:43That's a higher price. So let's look at what's going on
- 10:46in Mexico right now. It has to do with the cartels.
- 10:49And I want to, but I want to emphasize one thing.
- 10:52This is happening in parts of Mexico.
- 10:55But people. So we don't want to be too
- 10:57sensational about this. But Hamza Serenade shared with
- 11:02us if cartel chaos spreads in Mexico.
- 11:05And again, this is not affecting all the silver miners.
- 11:08It's happening in parts of Mexico.
- 11:11Watch silver. All right.
- 11:12They're the world's #1 silver producer, almost 25% of global
- 11:17mine supply. But what they're doing down
- 11:19there are Rd. blockades plus logistic disruptions creating
- 11:25chaos. But even short term transport
- 11:28issues can tighten up an already structurally tight market.
- 11:34So look, you know, it'll be interesting.
- 11:36We, it's unfortunate we don't like to see any chaos or
- 11:40violence occurring in the world, but it is happening in parts of
- 11:43Mexico and it could have an impact on the supply of silver
- 11:46coming into the overall general markets.
- 11:49Are you ready for some COMEX manipulation and we're going to
- 11:52do that next First, I want to say thank you to channel sponsor
- 11:55right there. First Mint, right?
- 11:58They are the silver specialist mint in Las Vegas, NV, right?
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- 12:29That is just, I don't know, I love all silver.
- 12:32This is a beautiful coin, but then it goes directly to you.
- 12:35Never gets touched by the Comex, who we're going to talk about
- 12:37here in a second, who some people have accused of
- 12:40manipulating the price of silver.
- 12:42We'll talk about that in one second.
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- 13:05the Indian Head that I love and the Las Vegas round.
- 13:09Again, there's a discount code VIPRB.
- 13:12Let's talk about the COMEX. All right, and some
- 13:15manipulation. I've got a special treat for you
- 13:18today. The wrong 1.
- 13:21Hold on here, guys. Having a little tech issue now
- 13:24we're back, OK? Now we're going to go there
- 13:27right now. There we go.
- 13:30So this came from peak financial investing, OK, And this is a
- 13:35little video we're going to watch.
- 13:37The beginning of where this gentleman clearly shows that on
- 13:41February 16th, where we had a bad day in the silver market,
- 13:45clearly shows how this manipulation happens.
- 13:48Here we go. This is what happened here we
- 13:51are in the overnight markets, silver's just sort of this is
- 13:53trading comes up, goes down, people are trading.
- 13:56All of a sudden somebody starts to put their foot on the gas
- 13:58pedal and you can see here since this is 1000 contracts right
- 14:01here. So that's nearly, it's a 1400
- 14:04contract. So that's about 7,000,000 ounces
- 14:07of silver was sold in a single five minute candle, 5 minutes of
- 14:12time. And so that's just like a huge
- 14:15smash and then it sort of bounces back and then this
- 14:18smash. These are what we call price
- 14:19setting. If you were legitimately Paul
- 14:21had a position you wanted to get out of, you would never push the
- 14:25sell button at 8:00 at night and throw them all into the market
- 14:28at that exact moment because you would get an absolute worst
- 14:31price unless your intent was just make the price go lower.
- 14:35That's price setting, not price discovery.
- 14:38And so we saw smash after smash, smash.
- 14:40Look at these big giant bars, right?
- 14:43So that's that's what and you know, do we actually have that
- 14:48much silver to sell? No, no we don't.
- 14:54Man, I love that. What a great video.
- 14:56Like he said. All right, those, all those big
- 14:59red candles. But the first one, it was what,
- 15:038:00 PM at night when nobody's trading?
- 15:05OK, 7,000,000 ounces of silver sold in 5 minutes.
- 15:11Whoa, stop. Think about this.
- 15:14OK, 7,000,000 ounces is almost 1% of the entire year's mine
- 15:20supply of silver in 5 minutes. An entire year. 1% of an entire
- 15:27year's worth in 5 minutes. I mean, to me, that video,
- 15:30probably one of the best I've ever seen, clearly demonstrates
- 15:34that the price of silver is managed.
- 15:37I think the word was definitely not free market price setting,
- 15:41right? Like who wants to sell 7,000,000
- 15:43ounces of silver just randomly at 8:00 on a Tuesday night?
- 15:48It doesn't make any sense. And again, that data was that he
- 15:51was showing was from February 16th.
- 15:53You want to get more excited about silver We got 4 reasons
- 15:57when we look at this the silver deficit chart that we're going
- 16:00to look at right now to get excited, I got to look at my
- 16:04list, but let's pull this up one of my favorite charts that all
- 16:08of us right This gives us so much great optimism about what's
- 16:13going on in the silver market. The silver supply demand model
- 16:17is broken, OK, and I'll just go down here and I'll read this to
- 16:21you I'm going to pull this up on the screen.
- 16:23So this guy's the red part on on this graph is the silver
- 16:29deficit. Where's my markers?
- 16:31There they are. And we will go with I think you
- 16:35want gold today. What the heck, right?
- 16:38OK, so this part right here, that's the silver deficit.
- 16:42Now, obviously, these are the years down here, right up
- 16:47through 2025, we've had five years of a silver deficit.
- 16:53You probably knew that already. But what I want to point out to
- 16:56you is 4 reasons why we can be super excited about what's going
- 17:00on. One more thing, the top line
- 17:03here, right? That's demand.
- 17:05As you can see right there, this line down here obviously is
- 17:10supply. But when we consider four
- 17:15factors, we can get even more excited about what's happening
- 17:19in the silver market right now. Number one, we hit peak silver
- 17:23production way back here, OK? Right.
- 17:28You can see it on the line. There's the supply, as you can
- 17:31see, silver production not collapsing, but definitely on a
- 17:36downward trend. The other big critical thing to
- 17:39remember about this is that Phillips Baker, the CEO of
- 17:43former CEO of Hekla Mining, United States of America,
- 17:48largest and oldest silver mining company, he recently said on
- 17:52Kitco that silver output from the mining sector is not going
- 17:57to start to trend upward again until the year 2030.
- 18:01So that's we hit peak in 2016. We aren't going to start going
- 18:05up until 2030. We've got this massive deficit.
- 18:08OK, but on top of that, was it UBS that just came out earlier
- 18:14this week or over the weekend and said now they're estimating
- 18:17that for 2026, the silver deficit could be 300 million oz.
- 18:23So one more time I'm going to pull that chart up for you
- 18:26because when we look at this guy's, this is absolutely crazy.
- 18:31That would be way bigger of a deficit.
- 18:34I think this one here was 250 million.
- 18:37So we could, we could be talking about demand going way up and
- 18:42and obviously supply continuing right at best to to meander
- 18:49along roughly where it is right now.
- 18:51And on top of that, as Hamza says in his post, demand for
- 18:58silver does continue to accelerate and shows no signs of
- 19:03breaking down. OK, period.
- 19:05All right. And on top of that, one more
- 19:09thing when we look at that, that's industrial demand for
- 19:12silver. We haven't even seen investment
- 19:15demand come back yet. Remember, remember, this is
- 19:19something we love to talk about down here in the basement.
- 19:22We are like the Green Berets of the investing world.
- 19:25We're like the, the, the, the, the, the Navy Seals, right?
- 19:29We're like the top 2%. Most people have no clue about
- 19:34silver Go. So we could see.
- 19:36We could, I think we will, but we could see a big wave of new
- 19:40people coming into the precious metal sector in the West.
- 19:44We know in China, we know in India, it's already there.
- 19:47I'm talking about the West. I'm talking about your, your
- 19:50uncle Fred and your your Co worker Billy, right?
- 19:53Those people who have no clue, we love those people.
- 19:57We like to affectionately refer to them as the sheeple and when
- 20:03they come. It could be too late.
- 20:07OK, that could be the bonus on top fundamental.
- 20:10Just wanted to do a quick review.
- 20:12Fundamental factor behind. Thank you Upstairs, Susie
- 20:15upstairs Susie said we got some super chance.
- 20:17We'll get to those in a little bit.
- 20:18But fundamentally, the story for silver is never ever been
- 20:23better. And what about China?
- 20:25Oh gosh, just so we want to make sure China reopened.
- 20:28I'm sorry, should have made it so I wore my red shirt today.
- 20:31China reopened their their Shanghai Gold Exchange, Shanghai
- 20:35Futures Exchange, and let's just do a quick update to make sure
- 20:39nothing's changed when it comes to the strange phenomena that in
- 20:43China, where they have a much more physical market, the price
- 20:47of silver for some strange reason is significantly is
- 20:51higher than in the United States.
- 20:54Here we go. This came from William Middle
- 20:56Coop, who says the Shanghai Silver is still trading at a 10%
- 21:02premium. Happy Chinese New Year.
- 21:06Yes, welcome back to all our friends in China.
- 21:08And on this chart, the red line is the Shanghai spot price.
- 21:12The yellow line is the Western price.
- 21:14And as you can see, the Shanghai price.
- 21:17We're going to look at that here in a second 9721 in the United
- 21:21States or the western price, $88, a full $9 or 10% lower.
- 21:27And we missed him. We love him, right?
- 21:29He's a legend in the precious metals community.
- 21:32Our good friend the Oriental Ghost gives us an update for
- 21:37today, February 24th from the Shanghai Gold Exchange and the
- 21:41Shanghai Futures Exchange. For those of you who are new,
- 21:45that's the SGE and the SHFE. This is the SGE is a 99%
- 21:53physical market, OK? And if we go here and look at
- 21:58AG, which is silver on the Shanghai Gold Exchange, we see
- 22:01$96.99. Why couldn't they just bump it
- 22:05up another penny for 97? But what's crazy on this chart,
- 22:09guys, is this number right here, $100, right?
- 22:16That's U.S. dollars right there, $100.79.
- 22:21That's the silver price on the Shanghai Futures Exchange.
- 22:25So we can officially celebrate that we have $100 silver in
- 22:30China. But wait, there's more because
- 22:34we can look at the the different Chinese markets, whatever.
- 22:37But a really smart way to look at what the real price for
- 22:41silver is in China is to hear what the recyclers are paying
- 22:45for it for scrap silver, 99% pure silver, what they because
- 22:50these guys, the recyclers like if you take aluminum cans to
- 22:54your local recycling center, if you live in the United States,
- 22:57they're going to give you like the lowest price they can for
- 23:00your aluminum cans with the same thing is true with a silver
- 23:04recycler in China. Whatever price they're giving,
- 23:07you can rest assured that's like a very accurate price of what
- 23:12silver quality silver scrap is selling for in China.
- 23:16And wait till you hear this. And I think they I think they
- 23:19named this market after us. Shoot.
- 23:22Hold on here. No, hold on, guys, hold on.
- 23:28We got a little. Here we go.
- 23:30I'm back. OK, now we're back.
- 23:36Right. OK.
- 23:37Cool. Wall Street bulls.
- 23:38Sorry about that tech issue. Hopefully you can see me and
- 23:41hear me. Shanghai Silver Squeeze alert.
- 23:46OK, while the official exchanges are closed, Shenzhen's here it
- 23:52is. Here's the company they named it
- 23:54after us. Ron Kitong Gold is flashing a
- 23:58massive warning sign. Their physical buyback price has
- 24:03hit $95.40 per oz. Wow.
- 24:08A direct signal that the industrial demand is panicking
- 24:12for supply. And actually, I may have been
- 24:14wrong. That's not a recycler.
- 24:16That's even a better sign. That's like at the market
- 24:19itself. None the less, if they're
- 24:21willing to pay $95 per oz physical, that's physical metal.
- 24:28And that's what that's like when you go to the coin shop in the
- 24:31United States, whatever they're buyback prices, they're gonna
- 24:34pay you as little as possible. So if as little as possible in
- 24:38China for the buyback price is $95 per oz, who knows?
- 24:43And that's if you're selling to them, what do you got to pay to
- 24:47buy it? Maybe that $100 per oz that we
- 24:50looked at one second ago. I do want to say thank you to
- 24:531st Mining Gold also for making this live stream possible us to
- 24:57be able to get together. They are a development stage
- 25:00gold mining company in Canada. They have two multi million
- 25:04ounce projects, Spring Pole in Ontario and Du Parque located in
- 25:10Quebec. They also have a Cameron project
- 25:12located in Ontario. They have big development stage
- 25:16projects with millions of Oz of gold in the ground in Canada
- 25:21that is a rarity. Canada is becoming a premier
- 25:25gold mining jurisdiction and 1st Mining Gold is working these
- 25:28projects through the the development stage.
- 25:32You can learn more about them at firstmininggold.com.
- 25:35And thank you First Mining Gold for sponsoring Ron's basement.
- 25:38And remember guys, I'm not a stockbroker, I'm not a financial
- 25:42advisor. Always do your own research.
- 25:44There's risks involved with any investment decisions.
- 25:48OK, Next up, what about India? Let's go to India and see what's
- 25:52happening there. India is announcing.
- 25:56All right. This is getting a ton of
- 25:58attention. Gold imports just printed a new
- 26:02record. Strong buying from the East adds
- 26:05another eight layer of confluence to gold's momentum as
- 26:09physical flows tighten and macro drivers stay supportive.
- 26:13I believe that this is from Tavi Costa.
- 26:16But look at that guys, this is India.
- 26:19This is gold being imported into India.
- 26:22You know, we don't need to be like a big chart technical
- 26:26analyst to see an overall massive upward trend, right?
- 26:32And remember, there's 1.4 billion people in India, all of
- 26:37which essentially love gold and silver, OK?
- 26:41It is embedded within their culture.
- 26:44It's also embedded within the Chinese culture.
- 26:47So whoa, take a step back. That's a big, big deal because
- 26:51there's 1.4 billion people in each of those countries.
- 26:56Together, China and India have nearly 3 billion humans, all 99%
- 27:03of them that love silver and gold.
- 27:06But wait, there's more. Because consider the fact that
- 27:10both China and India have two of the most rapidly growing
- 27:13economies in the world, people who suddenly find themselves
- 27:17with a little extra money that they don't just have to spend on
- 27:21food and housing, and they're using that to buy physical
- 27:25metal. Because the other interesting
- 27:26thing about China and India is generally speaking, from what
- 27:30I've been told and what I've, what I've discovered from
- 27:34talking to people from those countries, they don't trust
- 27:37paper money, especially India, right?
- 27:42They've been through some major currency devaluations.
- 27:46So good news still to come from there as well.
- 27:50JP Morgan tells us $8000 gold. Let's touch on that at JP
- 27:55Morgan, right? The ones who've been oh, let's
- 27:59say, let's say influential in the precious metals prices in
- 28:04the past, they say they see a case this comes from the
- 28:07Gladiator for $8000 gold. Let's read this quote.
- 28:11Even with the recent near term volatility, we remain firmly
- 28:16bullishly convinced in gold over the medium term on the back of
- 28:21clean structural continued diversification trends that has
- 28:25further to run. All right.
- 28:28And for your shoot, I forgot to show the screen.
- 28:34Hold on. You had to look at me looking up
- 28:35at the ceiling. Hold on, guys.
- 28:37That's what we were just looking at.
- 28:39Thank you upstairs, Susie, but we got one more.
- 28:41I'm going to share this one for sure because I think this
- 28:44describes you. Yeah, you, you basement dweller.
- 28:48Don't forget. Subscribe to the channel.
- 28:50Let's go check this one out. It's hilarious.
- 28:52Mike Maloney, Right. Put this one out here.
- 28:55Here's to the Crazy 1. So a little girl sitting on
- 28:58Dad's lap says, Daddy, how did you get so rich?
- 29:01And Dad says, I realized that the financial system was a Ponzi
- 29:06scheme and made a big bet on silver while everybody else
- 29:10called me crazy. And the little boy on the bottom
- 29:13says, you freaking legend, Dad. Hey, guys, please, please also
- 29:16don't forget if you're looking for a fun and very effective way
- 29:20to store something valuable, maybe you've got a safe at your
- 29:23house. Maybe you have a safety deposit
- 29:25box. Maybe you store stuff in the in
- 29:28the rafters of your house. But you can also consider this
- 29:32right here, The Dirty man safe. OK, I love these things when
- 29:36they first sent it to me. See it right there, dirty man
- 29:39safe. You bury these in the ground.
- 29:42They come with a tube as a cap. This is the coolest thing.
- 29:46They open at the bottom. OK, you can put whatever you
- 29:49choose inside there, right? And bury it and don't tell
- 29:52anybody where you buried it except maybe one person.
- 29:55Don't tell me, right? And you can store and save
- 29:59things in a safe in the ground. Does that sound familiar?
- 30:03Yeah, That's because that's what the pirates did for years and
- 30:06years. And people are still trying to
- 30:09find a buried pirate treasure. Why?
- 30:12Because the Earth is the best place to store things, safe from
- 30:16fire, safe from flood, safe from all forms of natural disaster.
- 30:21Again, you can check them out right there.
- 30:23Dirty man safe.com. Oh, and the discount code, Ron
- 30:2710, Ron 10, and you'll get a discount and maybe a few other
- 30:31goodies thrown in there as well. All right, that's it.
- 30:34Thank you. Thanks for being here.
- 30:36Big oh, super chance. Yeah.
- 30:38Thank you, Susie. Man upstairs.
- 30:40Susie, everybody, please. For those of you who are new,
- 30:43that's my lovely and talented wife upstairs, Susie.
- 30:47She communicates with us via walkie-talkie and reminds me
- 30:51when I screw up. And let's go out here to the
- 30:54comments right now. Wow, okay, renegade designer,
- 30:59thank you. You're famous on the Internet
- 31:01and you're always giving me super chats and I just want to
- 31:04say thank you. We appreciate it.
- 31:06And Jimmy Blue to you, silver and crab cakes perfect together.
- 31:11Yeah, that's the international stacker guy, the crab guy.
- 31:16I think that's what you're referring to.
- 31:17And like I said, he's loved in the silver and gold community.
- 31:21Everybody I've asked about him, they're like, Oh yeah, he's
- 31:23super cool, super nice. Great channel, great content.
- 31:26Hey, what's great is that you decided to join us down here in
- 31:30the basement. Have a great, great day and I'll
- 31:33look forward to seeing you. Yes, I see you.
- 31:37I'll see you next time. Take care.