Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 📢 THIS is Special about $UFD - (Cryptocurrency)

Transcript

📢 THIS is Special about $UFD - (Cryptocurrency) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 1:16
  None hey guys welcome to the live stream welcome to the
• 1:22
  basement. How's everyone doing today?
• 1:25
  Unicorn fart dust. We have a secret weapon and
• 1:30
  we're going to talk about that in this video and we got a lot
• 1:32
  more to cover as well. Guys, there is so much going on
• 1:36
  right now with Unicorn fart dust in the crypto world and in the
• 1:40
  general economy. Thank you for being here.
• 1:42
  Thank you for being part of the basement.
• 1:44
  I appreciate you. This is not possible without
• 1:46
  your participation. So thank you for being here.
• 1:51
  Please share this if you're on X, press the retweet or whatever
• 1:55
  button that may be. If you're on YouTube, please
• 1:58
  subscribe to the channel #1 thank you again for being part
• 2:02
  of this incredible journey that we are on together.
• 2:05
  And what is the secret weapon? You know, last night I was down
• 2:11
  in the basement talking to the guy named Gimmicks who put out
• 2:14
  this new NFT project. And I'm thinking what a high
• 2:17
  quality person. And then I was thinking about
• 2:21
  other people in our community, right?
• 2:23
  And how everyone who's sticking with UFD are the Super high
• 2:29
  quality people. Like, does that make sense?
• 2:31
  Do you ever just sense when you meet somebody that wow, they are
• 2:34
  like like good quality people, people like the bean people like
• 2:40
  DJ Litmus people like Crip wizard people.
• 2:42
  I mean the list can just Haley was the other one this morning.
• 2:46
  There's a one of our community members named Haley who's made a
• 2:48
  couple short videos about us and she sent me this really nice
• 2:52
  message, right? And she's like a class act that
• 2:55
  I think that's it. I think us unicorns, right horns
• 2:58
  up, by the way, are classy. But guys, that is our secret
• 3:03
  weapon is this community has forged right?
• 3:07
  And it is deep. That's probably one of the best
• 3:10
  words I can come up with to describe us is that we are deep.
• 3:13
  Like our bonds are deep. This is not some surface short
• 3:18
  term. It's almost like a family.
• 3:20
  You know, I was talking to Dark Duster last night and he was
• 3:22
  saying that he's like, it's like we're a family.
• 3:24
  And I'm like, you know, it is like, sure, we all have our
• 3:27
  organic families, our moms, our dads, our sisters, our cousins.
• 3:31
  I'm from Missouri, we have cousins, but like UFD has become
• 3:36
  another family that we all belong to.
• 3:38
  We all feel like we're part of and feel like we have a shared
• 3:43
  mission together. And what is that mission, right?
• 3:47
  Good attracts good doing doing good things in the world, really
• 3:52
  being a an example within the crypto world of what a
• 3:58
  cryptocurrency and a cryptocurrency community can be.
• 4:02
  And we're completely decentralized.
• 4:04
  We're completely driven by the community in setting a big
• 4:09
  example, but it only happens because of the I mean it's look,
• 4:14
  I don't think I'll say we have the best community period.
• 4:18
  OK, number one, number two, we have the highest quality people
• 4:22
  in this community. The people that are sticking and
• 4:26
  more and more and more are sticking.
• 4:29
  It's not people that are showing up for a short term visit.
• 4:32
  It's high quality people, right? And trust me, I'm a good judge
• 4:36
  of character. If you're here right now, if
• 4:39
  you're on this journey and, and, and, and, and you know, you know
• 4:43
  what we've been up against, right?
• 4:45
  Not just us, but the whole crypto sector, you know what
• 4:49
  we've been up against? We're the underdog.
• 4:50
  We've been facing overwhelming obstacles in going and going and
• 4:57
  going 1 hoof at a time. That's our secret weapon that
• 5:01
  sets us apart. Don't fool yourself and think
• 5:05
  that that's not important and that that won't make a
• 5:08
  difference. Quality and value always
• 5:13
  persevere always when in the end.
• 5:17
  So as we go through, you know, challenging times and it's been
• 5:20
  a challenging period in cryptocurrency right in this and
• 5:24
  we're only four months old. We're only four months old.
• 5:28
  Remember, that's our secret weapon.
• 5:31
  We've got that. Nobody, nobody can replicate the
• 5:35
  relationships that we have. Nobody can replicate the quality
• 5:39
  of people like you. I'm sorry, I'm calling you
• 5:42
  quality. How about a three second smile?
• 5:46
  When I say go, we're all going to smile at each other for three
• 5:49
  seconds. Go.
• 5:53
  You can even giggle keep smiling right?
• 5:56
  It feels good to smile. Share that with somebody today.
• 6:00
  You don't have to tell them it's a 3 second smile.
• 6:01
  Just look at them and smile for three seconds.
• 6:03
  They'll think that you're they'll be like you must have
• 6:06
  been watching the Ron's basement Unicorn fart does live stream
• 6:09
  this morning. By the way, this is not
• 6:11
  financial advice. Don't make any financial
• 6:14
  decisions. Do anything based on anything
• 6:16
  that I say. I am not a registered financial
• 6:19
  advisor, however I feel a certain way about Unicorn Fart
• 6:23
  dust and, and, and it is our biggest investment as a family.
• 6:28
  So you can rest assured that our horns are aligned when I'm
• 6:31
  talking to you about UFD and the future is absolutely bright.
• 6:36
  Don't forget we got the secret weapon, OK?
• 6:40
  And that's you. And that's quality.
• 6:43
  And nobody ever, ever can take that away.
• 6:45
  Nobody can take away our lore, right?
• 6:50
  We started this. I started it as an experiment
• 6:53
  and quality people like you showed up and created what is
• 6:57
  becoming probably the purest shining star, the one out of
• 7:04
  14,000,000 crypto currencies in the world.
• 7:07
  It is real guys. It is happening now.
• 7:10
  Look, I don't have a crystal ball, I have a Unicorn horn, but
• 7:14
  I feel like we have absolute unlimited potential.
• 7:18
  So let's keep up on the ride. Let's go take a look at some
• 7:21
  data. Hey, thank you to Mr. Life for
• 7:23
  that intro video. Crypt Wizard had posted that and
• 7:28
  and I wanted to share that with the community.
• 7:30
  And let's go take a look at social dominance update from our
• 7:35
  good friend Emma Bear. Emma Bear, another high quality
• 7:41
  person. As you all know, UFD social
• 7:43
  dominance is ranked 13th in social dominance today.
• 7:47
  That does put us ahead of Poise, Pengu, Peanut, SPX and Mug.
• 7:53
  UFD remains the only Solana based meme coin in the top five
• 7:58
  of holder metrics not valued under 100 million and that would
• 8:03
  be like a 4X from where we are right now.
• 8:07
  OK, just bear that in mind. UFD is still the only Solana
• 8:12
  meme coin whose founder is sponsored by Moon Pay and
• 8:14
  Ledger. Hold on a second.
• 8:16
  Yeah, we got the best sponsors around.
• 8:19
  Guys, think about this. We are sponsored by Ledger yes
• 8:24
  that Ledger right, the hardware wallet cryptocurrency security
• 8:30
  by far and away leader. They came to my rescue after the
• 8:34
  hack right? They helped me learn how to
• 8:36
  secure the beans that you guys all donated back to us.
• 8:39
  We've made some awesome training videos together.
• 8:42
  We have Ledger as a sponsor, OK? And we're doing great things
• 8:47
  together, and they love the UFD community.
• 8:50
  And of course, Moon Pay. I'm getting good at this with my
• 8:53
  finger. Moon Pay, right?
• 8:56
  The leader in fintech. Everybody knows Moon Pay,
• 9:00
  everybody knows Keith Grossman, everybody knows their CEO, Ivan.
• 9:04
  And the company's expanding, right?
• 9:06
  But what's even cooler about Moon Pay as a sponsor is that
• 9:10
  they're also an organic part of our story.
• 9:14
  Unicorn Fart dust does not exist without Moon Pay.
• 9:19
  That was my first ever crypto transaction.
• 9:23
  When I converted Fiat into Solana.
• 9:26
  I did that with the help of Moon Pay.
• 9:29
  So it's really awesome. We've got 2 leading companies.
• 9:33
  Nobody else can say that. Now let's go back-to-back to the
• 9:36
  data. I apologize.
• 9:37
  Thank you Moon Pay and Ledger for your generous sponsorships
• 9:41
  and helping us help and support the Unicorn Fart Desk mission.
• 9:46
  Here we go. A reminder that UFD social
• 9:49
  dominance is almost entirely driven by mentions on X.
• 9:52
  That means we have to focus on posting and using the UFD cash
• 9:55
  tag. Liking and re sharing is not
• 9:58
  enough guys. Don't forget right?
• 10:01
  We've got a great little Reddit page that is growing.
• 10:04
  We have our own new Unicorn Fart Dust YouTube channel.
• 10:08
  Please go out there and subscribe to that.
• 10:11
  That is allowing us to let YouTube know that we are a niche
• 10:15
  channel and that we are focused on getting content out to the
• 10:19
  UFD community on YouTube, but also the crypto community in
• 10:23
  general. It's a big benefit for us going
• 10:26
  down the road. OK, stay focused Dusters, let's
• 10:29
  pull this up. OK, there we are #13 on the
• 10:33
  list. Now what I found very
• 10:35
  interesting about this where the post afterwards there we are.
• 10:41
  There's our community, right? I love this one too from Emma
• 10:45
  Bear. Other communities are picking up
• 10:47
  their social activity to stay focused.
• 10:49
  Dusters look at that artwork. Beautiful.
• 10:52
  OK, and then somewhere in here we aren't that far out of being
• 10:56
  in the top ten guys. That was that was what I'd read
• 10:59
  as I read through those comments like it's only going to take
• 11:02
  another 3 or 400 or 500 mentions.
• 11:05
  Don't. I mean, it's a big deal what
• 11:07
  we're doing and we're and we are, we are letting the world
• 11:10
  know about UFD and about the good that we are spreading.
• 11:14
  Let's go out quickly and take a look at what is going on.
• 11:22
  This is not updated. Hold on here.
• 11:25
  I'm going to see where we rank. This is the number for some
• 11:29
  reason that I am. OK, so we're 24,000,000 market
• 11:32
  cap. We are number.
• 11:34
  Come on dusters. Here's the number that I'm
• 11:37
  really keeping an eye on and the number that will go down and I'm
• 11:41
  going to have a big party down here.
• 11:43
  When we break into the top 500 right now, we are the 734th
• 11:47
  largest meme coin in the world. OK.
• 11:52
  And yeah, I'm sorry, cryptocurrency, I made a mistake
• 11:55
  in the world. I'm going to tell you about the
• 11:57
  toilet seat. Just don't worry about that.
• 11:59
  That's coming up here in a little bit.
• 12:01
  But we are #734 crypto in the world.
• 12:04
  Let's look at our seven day chart.
• 12:07
  I'm sorry, one month chart. OK, guys, we can still, I'm
• 12:13
  going to draw it really quickly. We still, oh boy, this is
• 12:17
  exciting. Hold on here.
• 12:22
  And again, this is a one month chart, but if we draw a basic
• 12:25
  trend line here, OK, wow, hold on, let's do that again.
• 12:33
  I'm going to show you something very interesting.
• 12:36
  So we got this downward sloping trend line and we have attempted
• 12:43
  several times to breakthrough right right here.
• 12:49
  All right, that's the that's the start right here.
• 12:54
  OK, right here. And next time, what do you say,
• 13:00
  dusters, let's go through and keep going up.
• 13:03
  This would be a downward trending triple, triple
• 13:09
  rejection. And look, the reality is rarely
• 13:16
  are there triple rejections and even more rarely are there
• 13:19
  quadruple rejection. So be prepared.
• 13:23
  I think we can breakthrough that easily and and that we could be
• 13:26
  in for some wonderful, wonderful times going down the road with
• 13:29
  the price of our UFD. Let's go to the one of the big
• 13:33
  things that we love to talk about with UFD is the fact that
• 13:38
  we are borderless. And this is a great article that
• 13:43
  I think relates to us from Coinbase.
• 13:45
  Let's get that off the screen, OK?
• 13:49
  And cryptos listen to this this think about how this relates to
• 13:53
  our UFD cryptos 850 billion opportunity to reshape global
• 13:59
  remittance payments. Crypto is borderless, but the
• 14:06
  traditional financial system notoriously isn't right.
• 14:10
  The traditional financial system is not is centralized, which can
• 14:15
  make cross-border payment expensive and slow money sent by
• 14:20
  workers abroad back to their families and their home
• 14:22
  countries are an 850 billion plus market, nearly $1 trillion,
• 14:28
  and are increasingly catching the eye of crypto startups and
• 14:31
  governments alike is an industry ripe for disruption by block
• 14:36
  chains. For many people, these payments
• 14:38
  can be a financial lifeline. But sending money across borders
• 14:43
  via traditional methods can take days and cost an average of 6%.
• 14:48
  So that means if you want to send a hundred a $1000, if
• 14:53
  you're working in the United States and you want to send
• 14:55
  $1000 to your mother back in Mexico, you're going to pay
• 14:59
  $60.00 fee. Instead of sending $1000 right
• 15:04
  through Western Union or whoever it may be, a centralized bank,
• 15:07
  whatever, you're going to pay a wire fee, you're going to pay a
• 15:10
  fee. And instead of $1000, going only
• 15:13
  940 is what your Mama is going to get, OK?
• 15:18
  Due to the inefficiencies in the existing payment system, block
• 15:22
  chains and stable coins can cut those costs by more than 90%.
• 15:27
  So that means that if you want to send $1000 to your mom and
• 15:30
  you're going to do it in crypto, she's going to get more like
• 15:33
  $998 or $999, OK, Could say they're estimating it could save
• 15:40
  individuals as much as 54 billion.
• 15:42
  It goes on to talk about how all these companies are looking at
• 15:45
  that. That is one of the best things
• 15:48
  about crypto. And the guy Kyle Chassy is who
• 15:52
  really turned me on to this when I was doing an interview with
• 15:55
  him. This decentralized nature of
• 15:57
  crypto, right? Right now, if you want to send
• 16:00
  U.S. Dollars again from the United
• 16:02
  States to your Mama in Mexico, you're going to pay out of that
• 16:07
  $1000 a $60.00 fee if you want to swap or send or transfer some
• 16:12
  Unicorn fart dust, right? What are you going to pay like
• 16:16
  less than 1%, maybe less than point O 1%.
• 16:20
  That is the beauty of crypto in general is this decentralized
• 16:25
  nature. It's cutting out all these
• 16:28
  middle men, these banks and fees and all this crud and right
• 16:32
  there on a on a phantom wallet or with your Ledger live app
• 16:35
  like I have, right, you can, you can transfer crypto for almost
• 16:41
  nothing for free. OK, if that's what they call
• 16:44
  decentralization, it's it's the same thing that I happen to love
• 16:48
  about silver and gold as well. There's nobody in charge, right?
• 16:52
  If you give it to somebody, whether it's crypto or precious
• 16:55
  metals, it's theirs. They have it.
• 16:59
  That's a big, big deal. It levels the playing field
• 17:03
  because remember, right of most people, a lot of people in the
• 17:07
  world do not have access to bank accounts.
• 17:10
  If you're watching this, maybe you're in the United States, but
• 17:13
  if you're watching this somewhere from Africa, hello to
• 17:16
  all of our friends in Africa or India or other parts of the
• 17:20
  world that are developing, right?
• 17:22
  A lot of those people do not, I'm sorry, but if you don't have
• 17:26
  access to a bank account, but everybody think about it,
• 17:32
  everybody almost now has access to one of these and some form of
• 17:37
  Internet access. And when you have one of these,
• 17:40
  you can transfer value money funds.
• 17:43
  You can work in, in, in in Saint Louis as a landscaper and make
• 17:49
  money right, and send through this that money, that value back
• 17:54
  to your family. That is a big deal.
• 17:56
  That is that is changing the world.
• 17:59
  That is decentralization, that is fairness, that is
• 18:03
  democratization, right? And that's what we love about
• 18:06
  UFD. What's our why with UFDI?
• 18:11
  Asked you that question earlier. Why are you in UFD?
• 18:14
  Why? Why do you want to be here?
• 18:15
  It's a fair shot. It's fair, right?
• 18:18
  Honest, transparent. It's fun, OK?
• 18:21
  Honesty, integrity, prosperity. A community focused on good in a
• 18:25
  community that is deep, deep, deep.
• 18:28
  Now I got to make a confession. I can only do this today because
• 18:33
  Susie's not here. Susie is not here.
• 18:35
  I cannot turn. I've tried and tried to turn
• 18:38
  Susie on this morning, but she's not here.
• 18:42
  So everybody say hi to Susie, give her a high 5.
• 18:45
  She's over to her mother's house.
• 18:46
  But something came out about me from my past.
• 18:50
  OK, it's a little embarrassing. I'm going to share it with you
• 18:52
  here. As you know, I made YouTube
• 18:55
  videos for many years. And I'll explain to you what's
• 18:58
  going on right now. Hold on one second.
• 19:08
  OK, here we go. Our friend John Piss.
• 19:12
  And remember that last name because that kind of relates to
• 19:14
  what's going on. Brought this to the to the
• 19:17
  community's attention. Let me play this for hang.
• 19:21
  I highly recommend you keep in stock hold on this.
• 19:24
  I have to say this is from like 8 years ago.
• 19:27
  OK, but it's come out it's true and I'll give an explanation in
• 19:32
  a minute 30 seconds. We recommend you keep in stock
• 19:37
  and hold on. I catch a lot of Flack about
• 19:40
  this, but I'm going to show you anyway.
• 19:42
  Hang. I highly recommend you keep in
• 19:44
  stock and I catch a lot of Flack about this, but I'm going to
• 19:48
  show you anyway. I think every house needs to
• 19:51
  have one of these. That's a spare toilet seat.
• 19:55
  Toilet seats where they always do.
• 19:58
  I have twin 7 year old daughters.
• 20:00
  They are kind of hard on toilet seats and so I'm I know that I'm
• 20:06
  going to need this at some point in the future.
• 20:08
  From past experience, I actually had bought like 3 spares.
• 20:11
  I'm down to my final toilet seat.
• 20:14
  Hang on. OK, let me explain because I
• 20:19
  caught a lot of Flack over the years.
• 20:20
  I used to actually have that toilet seat hanging right there
• 20:23
  by the steps. And I would have CE OS of big,
• 20:28
  big, big gold and silver mining companies on and they would
• 20:31
  always laugh and say you got a toilet seat.
• 20:33
  And I would say, well, that's because the gold and silver
• 20:35
  price are in the toilet, but it's going to come back
• 20:38
  eventually. Susie convinced me to take the
• 20:41
  toilet seat down. But I just want to, I just want
• 20:43
  to make it clear to everyone who, who may be wondering, I do
• 20:48
  indeed still have that very, that very same spare toilet
• 20:54
  seat. So I thought it was ironic that
• 20:57
  a, one of our community members who I love and I think it's
• 21:01
  funny and I think it's great. I'm I'm I'm warning you, that's
• 21:04
  the tip of the iceberg in regard to some of the old content that
• 21:08
  I made. But then a guy named John piss
• 21:11
  think about it. And I had to bring up my toilet
• 21:14
  seat video. So you know, that's, that's a
• 21:17
  part of my past. I just wanted to explain that to
• 21:19
  you guys. I made a variety of videos until
• 21:22
  I decided to focus in on gold and silver, the precious metal
• 21:25
  sector. You know, the rest of the story.
• 21:28
  I still love gold and silver, but in December of last year,
• 21:32
  Unicorn fart test is an experiment.
• 21:34
  I created it and now I'm a gold, silver and crypto guy and I will
• 21:41
  still make money and I will live with my past.
• 21:44
  I'll never take an old video down right including the old
• 21:47
  toilet seat. So hey, look, you know, remember
• 21:51
  like I was during periods of time when the gold and silver
• 21:53
  price literally were in the toilet and I told people this is
• 21:57
  real, this is going to get better.
• 21:59
  And it did get better. OK, it did.
• 22:01
  I'll talk a little bit more about gold and silver later.
• 22:04
  I believe the same thing. And I would say back then, don't
• 22:07
  make financial decisions. I don't have a crystal ball, but
• 22:10
  I feel that same way right now about UFD.
• 22:14
  Let's do duster of the day. I want to recognize you for
• 22:17
  being here. You are the duster of the day.
• 22:20
  But today, we've got a special duster who I want to recognize
• 22:23
  here, and that is our friend Calvin.
• 22:32
  Calvin, thank you for everything you're doing right here at the
• 22:35
  top of his page. UFD, UFD Maxi nominated Calvin
• 22:40
  to be Duster of the day. I know you're a critical part of
• 22:43
  our community, right? We are nothing without these
• 22:47
  quality people like you, Calvin, and like the other people who
• 22:51
  are joining us today on this live stream.
• 22:53
  So today you are duster of the day.
• 22:56
  That means you get to wear the covenant Golden Horn.
• 22:58
  Everybody help me out here. Let's get that golden horn and
• 23:02
  install it on Calvin and I almost forgot, guys, Horns up,
• 23:07
  horns up, dusters, right, horns up.
• 23:10
  We got 500 of us together on what a Thursday morning Web
• 23:14
  trends. We were nominated to be the Web
• 23:20
  trends meme coin of the day yesterday in their free
• 23:24
  Spotlight newsletter. So thank you to Web Trends for
• 23:28
  for doing that to us. Let's talk about let's talk
• 23:32
  about Bitcoin and Bitcoin being called digital gold.
• 23:38
  Well, guess what? If Bitcoin is digital gold,
• 23:42
  Unicorn fart dust is digital silver.
• 23:46
  Now, you know, I consider us Unicorn fart dust to be the
• 23:50
  grandson or granddaughter, right Baby Bitcoin, Absolutely.
• 23:55
  And so doesn't it make sense that we're going to call Bitcoin
• 23:58
  digital gold, that we're going to call Unicorn fart dust
• 24:01
  digital silver? But it's even more interesting
• 24:04
  because I want to show you something.
• 24:06
  It's funny the the, the lore behind unicorns is that Unicorn
• 24:11
  blood is actually made of silver.
• 24:14
  And I pulled this up so that I could show it to you in no
• 24:20
  uncertain terms. This is from ChatGPT.
• 24:23
  Silver is often associated with purity, the moon, and magical
• 24:27
  properties. Unicorns themselves are
• 24:30
  mythological creatures that represent innocence and grace,
• 24:34
  so silver colored blood enhances that otherworldly divine feel.
• 24:39
  Visual description In stories when unicorns bleed, it's
• 24:43
  described as silver blood because it glows, shines, or has
• 24:48
  a metallic Sheen. It's not literally silver, but
• 24:51
  it looks like it may be like liquid mercury or moonlight.
• 24:56
  Mystical properties. OK, so, so we're going to go
• 24:59
  with this fact that silver is Unicorn blood, but I want to
• 25:04
  tell you something about silver. It is so undervalued right now
• 25:09
  in the marketplace. The silver, you may not know
• 25:13
  this, but it takes 100 ounces of silver, 100 of these here.
• 25:19
  Oh, here I wanted to show you this.
• 25:21
  I found this yesterday. Look at this.
• 25:23
  It's in a plastic that is the Unicorn.
• 25:28
  That's a one ounce silver coin. Isn't that beautiful and looks
• 25:34
  like it's from Coglia meant here.
• 25:42
  I'll let you look at the back. Isn't that beautiful?
• 25:48
  It's a really beautiful coin. I forgot who gave this to me
• 25:51
  over the years, but the point is that's one ounce of silver.
• 25:56
  It takes one of these, right? One out a hundred of these, I'm
• 26:00
  sorry, one ounce silver coins to buy one ounce of gold.
• 26:05
  So imagine a hundred of those to buy one ounce of gold.
• 26:08
  That is historically crazy. OK, let me give you some
• 26:14
  context. On average, that ratio is
• 26:17
  usually somewhere between 50 and 80, depending on the time frame
• 26:20
  that you look at. Historically, it was around 15
• 26:24
  to 1. OK.
• 26:25
  And on top of that, what's even more interesting is that when
• 26:29
  the world every year produces gold and silver, for every one
• 26:34
  ounce of gold that the mining companies dig out of the ground,
• 26:37
  there's only 7 ounces of silver. So they're both precious metals,
• 26:42
  right? And for each one ounce of gold,
• 26:45
  there's 7 ounces of silver. So in theory the price of silver
• 26:50
  should really be 1/7 that of gold, right?
• 26:54
  And if that were the case with gold around 3233 hundred, that
• 26:59
  would make silver in the $450 per oz range.
• 27:04
  OK, Now the gold to silver ratio, the the 100 to one ratio
• 27:08
  that we have now hasn't been down that low forever.
• 27:11
  But but that just gives you an idea of those are both precious
• 27:15
  metals and they're both being mined at that ratio, how far off
• 27:19
  the actual price of the metal is.
• 27:21
  And on top of that, what's even more interesting is that all the
• 27:25
  gold that's produced is typically not consumed, whereas
• 27:28
  a lot of the silver is now being used in industry.
• 27:32
  So you guys tell me, you like to hear more about precious metals.
• 27:35
  We love to talk about Unicorn part dust, so I'll continue to
• 27:41
  touch on the precious metals here.
• 27:42
  I'll continue to put out some gold and silver focus material
• 27:47
  on Ron's basement as well. And you know, most importantly,
• 27:50
  guys, thank you for being here. Don't forget you are the secret
• 27:54
  weapon, right? You are the most important part
• 27:57
  of UFD, the quality of the people that are here, the core
• 28:02
  community and it will continue to expand and the market will
• 28:07
  wake up. That's my opinion.
• 28:08
  OK, Have a great day, be good to yourself and I'll see you guys
• 28:12
  soon. Thank you.