Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER Investor⚡- YOU Ready for THIS - (MASSIVE Alert and News Update for Gold and Silver Price)

Transcript

⚡SILVER Investor⚡- YOU Ready for THIS - (MASSIVE Alert and News Update for Gold and Silver Price) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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  Elon Musk is issuing you a massive warning and there's big
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  reasons why as a silver and gold investor, you want to pay very
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  close attention. So love him or hate him, Elon
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  Musk is a very successful, very smart person.
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  And when he talks the truth about what's going on right now,
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  it's going to have a big impact on the value of precious metals
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  as we head into the coming year and decade.
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  Let's talk about the warnings he's giving and the reasons why
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  they're so important to you and me.
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  He's declaring a financial emergency in the United States
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  of America. Before we get to that, I want to
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  say thank you for joining me here today in the basement.
• 0:56
  It's a big deal when you give us your time.
• 0:59
  Please subscribe to the channel, give the video a thumbs up,
• 1:01
  super chat, super thanks or never expected.
• 1:03
  Always appreciated PayPal donations, but please never
• 1:07
  donate anything more than you can afford.
• 1:09
  Why are we having a financial emergency and what does it mean
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  for the value of your silver and gold?
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  Here we go. Elon Musk says we have to cut
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  government spending immediately. The reality is that all
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  government spending is actually taxation.
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  Sometimes people think of it as taxation and some of it's not,
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  but it's all taxation because the part that's not covered by
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  tax revenue becomes inflation. And think about that, guys.
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  What do we know about inflation? Inflation is the number one
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  driver over any long period of time of the silver price and the
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  gold price. Because inflation is the same
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  thing as devaluation. Your money becomes less
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  valuable, which makes prices go up in gold and silver for
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  thousands of years, right, have kept up with all forms,
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  everything they've thrown at it of inflation.
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  So that's a big, big deal. Now, next, Elon had something
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  very interesting to say, a big warning about the debt level in
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  this country. Elon declared this a crisis. the
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  US national debt has increased by $473 billion just in the last
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  three weeks. It now stands at almost 36
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  trillion. As you're watching this, it very
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  well may have crossed over 36 trillion.
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  That's $100,000 for every American, but it's even worse
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  because it's actually almost $300,000 for every American who
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  is employed and pays taxes. This is unsustainable.
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  America is on the fast lane to bankruptcy.
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  And there's a chart of our national debt.
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  Look, just back to 2023. Do you see in the last year the
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  steady increase and then a big spike?
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  Guys, this does not work. This does not work, $36 trillion
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  in debt, $1 trillion in interest payments, which makes this
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  number, the US federal budget deficit, Bigger the deficit, OK,
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  And the deficit gets bigger, that makes the debt get bigger,
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  the debt gets bigger, that makes the interest expense get bigger,
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  bigger. It all gets bigger and bigger
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  and bigger and bigger and bigger in the only solution for that is
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  printing money, inflating away the debt like he talked about in
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  the previous example, right? It's either taxation or
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  inflation. And they will choose to inflate
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  away the debt and that will decrease the value of the
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  dollar. And that will that will make you
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  and me happy that we decided to protect ourselves with precious
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  metals. Hey, if you want to get your
• 4:04
  hands on some precious metals, if you think this could play out
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  the way that we're talking about, the way that Elon sees
• 4:11
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• 4:17
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• 4:19
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• 4:24
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• 4:36
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• 4:47
  that you can trust. Pi MB EX finbex.com Now let's
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  talk about the final warning that we got from our friend Elon
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  Musk. Federal government spending will
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  bankrupt the country unless action is taken to reduce
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  government waste. This is what causes inflation.
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  And how many times do we have to talk about this guys?
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  But inflation will absolutely drive the silver and gold price
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  higher over the next 10 years. I will gladly eat crow if I'm
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  wrong, but absolutely inflation will be the word of the decade
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  as we move through this next 10 years because it's a
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  mathematical impossibility unless there are major
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  structural changes which occur within our government and
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  monetary system that we are going to have skyrocketing
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  inflation. And here's here's just this is I
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  almost can't look at this, right?
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  It's bloody red. It's the US national debt from
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  the year 1900 through 2020. You can't even see it on the
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  chart in the early 1900s, really all the way up through the
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  1990s. But then look at what has
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  happened over the last 20 to 30 years, and it's not slowing
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  down. It's becoming higher and it's
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  becoming steeper and it's becoming less and less
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  manageable, right? It's becoming less and less
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  tenable or survivable for the monetary fiscal system, which
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  we've grown accustomed to in this country over the last 20 or
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  30 years. And guys, you know as well as me
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  that most of our fellow Americans are asleep at the
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  wheel. They don't even realize that
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  this is going on. It's going to create an
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  environment where we, you can call it one of two things, but
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  it's they're both the same thing.
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  We're either going to have or we will have high inflation and we
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  will have a devaluation in the US dollar.
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  I also want to take channel sponsor First Mining Gold,
• 6:55
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• 6:59
  ounce projects in Canada, gold in the ground in Canada and
• 7:05
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• 7:13
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  for their generous sponsorship of Ron's basement and of course,
• 7:30
  our friends at Pinbacks. Let's not forget about them when
• 7:33
  you want to get some gold, silver or platinum group metals
• 7:36
  delivered right to your door. One thing we know for sure will
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  be delivered right to our door in the next 10 years will be sky
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  high inflation. I think most of our fellow
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  Americans. Do you want me to do it?
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  Our fellow cheapo Americans who aren't paying attention like you
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  are and I am. So what's going on in our world
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  are going to be shocked. And you know what's going to
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  happen when they get shocked? They're going to come swimming
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  out to us in the silver and gold lifeboat.
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  We've already got a comfortable spot reserved on the silver and
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  gold lifeboat. And unfortunately, I think, you
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  know, maybe I'm wrong. I don't want bad things to
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  happen. You're like me, you love your
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  country, right? But as they panic and want to
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  join us, they may have a hard time finding a seat.
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  And that will be manifested by much higher, much, much higher
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  prices and real value, which is the most important thing, real
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  value for silver and gold. One thing for sure, we'll get
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  together, we'll make it through. No matter how this plays out, I
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  appreciate you joining me. I'll look forward to seeing you
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  next time.