Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **Silver and Gold Investors** BIG Changes YOU Must Know - (precious metals news price update)

Transcript

**Silver and Gold Investors** BIG Changes YOU Must Know - (precious metals news price update) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  Hey guys, welcome to the live stream.
• 0:02
  Welcome to the basement, $4000 gold.
• 0:05
  We're going to talk about that in one second.
• 0:07
  A big brokerage house is calling for just that $4000 gold.
• 0:11
  Where do you think that'll put the silver price?
• 0:14
  We've got another analyst we're going to talk about here in a
• 0:16
  few days that's talking about $184 silver.
• 0:21
  Unbelievable developments, but we got other major stories to
• 0:25
  cover. 1st, I want to say thank you for joining me here in the
• 0:28
  basement. It's a big deal.
• 0:30
  When you come down here. I want you to feel like you're
• 0:32
  in a little home away from home, a little refuge from all the
• 0:36
  craziness that's out there in the world.
• 0:38
  This is not possible without you.
• 0:40
  Please subscribe to the channel, give the video a thumbs up and
• 0:43
  leave a comment in the comment section.
• 0:45
  If you don't agree with me, that's a OK Trust me, read
• 0:49
  through the comments. There's plenty of there's a
• 0:51
  diverse opinion about where we're heading in precious
• 0:54
  metals. I had my opinion, You have yours
• 0:57
  and we can all learn from each other.
• 0:58
  But let's talk about the biggest story of the week.
• 1:01
  President Donald Trump comes out with a game changer earlier this
• 1:07
  week, actually yesterday there's President Trump has now opened
• 1:13
  the door, open the door for four O 1K retirement plans to invest
• 1:20
  in private equity, equity, crypto and real estate.
• 1:24
  OK, so millions of Americans now with trillions of dollars in
• 1:29
  four O 1K plans are going to be open to investing in a much more
• 1:33
  risky side of the of the investment world.
• 1:37
  Couple thoughts on this. I want to get your opinion and
• 1:40
  see what you think about this as well.
• 1:43
  Hold on one second here. We're having some technical
• 1:46
  issues. Hopefully you guys can see me
• 1:49
  and hear me this morning. Hello Rios, hello Mark Pierce,
• 1:52
  hello GAIL. Hold on here trying to get this
• 1:55
  worked out. OK couple big things about this
• 1:58
  four O 1K money being able to go into crypto, real estate and
• 2:01
  private equity. Number one, it shows that people
• 2:04
  want to get away from the US dollar.
• 2:07
  The real value of the dollar is going down, which we know if we
• 2:11
  decide to price the value of our silver and gold to use the
• 2:15
  dollar as the unit of measure will only mean that the price
• 2:18
  that in dollars of gold and silver will continue to go up.
• 2:22
  But the big question is come on Donald Trump, when are you going
• 2:26
  to let people like fully invest their four O 1 KS into physical
• 2:32
  gold and silver that they can hold on themselves?
• 2:35
  I know a lot of stackers out there would like the idea of
• 2:38
  being able to self custody. They're silver and gold, but
• 2:42
  still hold it under that four O 1K umbrella.
• 2:46
  I wouldn't rule anything out. We'll see where that goes.
• 2:49
  We're going to keep a close eye on that.
• 2:51
  Certainly we are in a period of change.
• 2:53
  Do you feel it? I mean, it is becoming blatantly
• 2:56
  obvious to me that we are in a period of change financially in
• 3:01
  the world like no other in history.
• 3:03
  And maybe that's why Fidelity is calling for $4000 gold.
• 3:08
  Let's go look at that and I want you to think about what does
• 3:11
  that mean where I'll ask you the question, do we hit an all time
• 3:15
  high in the silver price when we hit $4000 gold?
• 3:20
  I'll go out on a limb and say yes, absolutely.
• 3:24
  I think that's what's going to happen.
• 3:26
  Once we get that 4K level in gold, silver will get to a new
• 3:30
  nominal all time high, somewhere above $50 per oz.
• 3:34
  But let's go see what the people with Fidelity are saying.
• 3:36
  It's very interesting and we got a lot more to talk about,
• 3:39
  including some focus on silver as well.
• 3:44
  But we saw this yesterday. Here we go.
• 3:48
  OK, all right, this came from Fidelity.
• 3:52
  I apologize, guys. You know how technology can be.
• 3:56
  We're having some tech issues. But you should be looking at a
• 3:58
  metals and miners article and go back and check.
• 4:02
  Yes, you are OK. And it says right there,
• 4:04
  Fidelity gold price could hit $4000 by year end.
• 4:09
  There's a little confusion here. I never want to mislead anybody.
• 4:12
  I'm not sure if this is the big Fidelity that me and most people
• 4:17
  our age have accounts with here in the United States or a
• 4:19
  different one, or the Canadian arm of it.
• 4:22
  You can decide for yourself. But it says right here gold
• 4:25
  prices are heading towards 4K per oz by the end of this year.
• 4:30
  As the Federal Reserve by the end of the year begins to cut,
• 4:34
  rates in the US dollar continues its decline, according to a
• 4:38
  Canadian investment in a Canadian investment firm,
• 4:41
  Fidelity. In an interview with Bloomberg
• 4:43
  on Tuesday, fund manager Ian Sampson said the firm is still
• 4:47
  bullish on the precious metal, with some cross asset portfolios
• 4:51
  recently increasing holdings after prices ease from the all
• 4:55
  time high of 3500 back in April. The rationale for that was that
• 5:00
  we saw a clear path to a more dovish Federal Reserve, Sampson
• 5:05
  said, adding that some funds had as much as doubled their 5%
• 5:09
  allocation over the past year. We're going to go out in a
• 5:12
  minute here and look at the Fed Watch tool and see what we can
• 5:16
  expect for the next Fed meeting and our old friend Jerome Powell
• 5:20
  in just 40 days. But let's also revisit a little
• 5:23
  further down in this article, Goldman Sachs, because the
• 5:26
  bullish outlook for gold mirrors that of Goldman Sachs, which has
• 5:30
  made the case in recent quarters for an eventual rally to as much
• 5:34
  as $4000 per oz. OK, now they're talking about
• 5:39
  cutting rates. Let's look at this big story
• 5:42
  that came out this week. The Bank of England is now
• 5:46
  cutting interest rates. And guys, why is that important?
• 5:49
  We're not going to read much more in this, but that is
• 5:53
  important because believe it or not, those Brits are friends in
• 5:57
  Great Britain, home of the LBMA, the London Million Market
• 6:02
  Association. They still have major sway when
• 6:06
  it comes to the world monetary policy.
• 6:09
  The Brits are quite wealthy. That's the reality.
• 6:12
  And the other important thing, the other reason why we we want
• 6:15
  to pay attention to that is that these world central banks do not
• 6:19
  operate in a vacuum. So as more and more world
• 6:23
  central banks are cutting rates, the next to come will be our old
• 6:26
  friend Jerome Powell in the United States Federal Reserve.
• 6:30
  Let's go ahead and take a look in an update here.
• 6:32
  We're live on Friday morning, the 8th of August, 8/8 of 2025
• 6:40
  sooner it'll be 8/8/2020 8:00 and then we'll really be great.
• 6:44
  But let's take a look at CNBC and get an update on the gold
• 6:48
  and silver price. I think we were down a little
• 6:50
  bit earlier today. Here we go.
• 6:54
  Let me make sure I'm sharing the screen, which I'm not.
• 6:58
  You have to look. Watch me struggle.
• 7:01
  Here we go. OK, And gold.
• 7:04
  We want the gold price. Come on, CNBC.
• 7:07
  Oh, OK, we're up. Wow, I didn't realize that.
• 7:11
  So in the futures market, gold's up 36 an ounce, silver up almost
• 7:17
  $0.22 per oz. I apologize, I wasn't sharing
• 7:21
  the right screen with you guys there.
• 7:23
  Now next I am going to share this screen.
• 7:25
  We're going to go out and look at what the Feds got going.
• 7:27
  So in 40 days, you can see it right over here, lower right
• 7:30
  side. We will get the next Federal
• 7:33
  Reserve decision on interest rates, monetary policy.
• 7:37
  But what we want to look at, it's a little further down here.
• 7:43
  There we go. OK, so 89%, there's the current
• 7:47
  rate in the middle, middle top tells us 4.25 to 4.5 and right
• 7:52
  now the market is pricing in an 89%.
• 7:57
  Make that smaller for your viewing pleasure.
• 8:00
  There we go. That should work.
• 8:06
  Sorry, I didn't have that ready. 89% chance that we are going to
• 8:11
  see a rate cut here. Just so you guys who don't know
• 8:16
  how to read this, this is the current rate right?
• 8:19
  4.25 to 4.5. We have an 89% chance that rate.
• 8:25
  Hold on here, it's a live stream, bear with me.
• 8:31
  There we go. That rates are going to get cut
• 8:34
  by 1/4 of a .10% chance over here.
• 8:38
  As you can see that rates are going to remain exactly the
• 8:42
  same. So we're going to keep a close
• 8:44
  eye on that. That will be again, very, very
• 8:48
  good for the price of gold and silver.
• 8:51
  And we had some interesting news this week from UBS, the big
• 8:55
  Swiss banker, again, this time talking about gold, reiterating
• 9:00
  a $3500 price target in the near term for gold.
• 9:04
  What's interesting are the reasons why they said that.
• 9:07
  Now again, this is UBS. This is the big Swiss bank,
• 9:11
  right? Remember secret Swiss bank
• 9:13
  accounts? The Swiss are known for their
• 9:15
  money management skills. They are bullish on gold.
• 9:18
  But most importantly, most interesting are the reasons why.
• 9:23
  And they listed these a weaker dollar, a weaker U.S. economy
• 9:28
  and a weaker job market and higher, higher odds of the
• 9:32
  Federal Reserve rate cut. It's coming, guys.
• 9:35
  Be ready. But what UBS said about silver
• 9:38
  is even more interesting. We talked about this in a
• 9:41
  previous live stream, but you guys have overwhelmed me to kind
• 9:47
  of dive into this one a little bit more because UBS also said,
• 9:54
  OK, silver price outlook. UBS updates its price target.
• 10:04
  I got this all highlighted for you.
• 10:06
  Their UBS stretch raise their forecast for the silver price to
• 10:09
  $42.00 per oz across all tenors through June of 2026, so 10
• 10:15
  months from now, citing stronger investment demand and a recovery
• 10:19
  in industrial activity. With these new forecasts, we
• 10:29
  reiterate our preference to stay long silver and view price
• 10:32
  pullbacks as buying opportunity. That was from Dominic Schneider
• 10:35
  and Wayne Gordon, they wrote in a note.
• 10:38
  Silver exchange traded fund inflows remain solid, bringing
• 10:41
  total known holdings to around 786 million oz.
• 10:45
  Regional trends and retail demand show strength in India
• 10:49
  and a recovery in Europe. However, conversely, which I
• 10:54
  think means oppositely, the US market has faced head with
• 10:57
  retail demand estimated to have fallen by at least 30% year to
• 11:03
  date, the strategist noted. OK, that is important guys,
• 11:07
  because just if the United States, if the United States
• 11:12
  investment demand for silver goes back to normal, all we want
• 11:17
  is for it to go back to normal. Hold on here, boy.
• 11:21
  Sorry guys, my computer is acting crazy.
• 11:25
  Here we go. Hold on now we're back up.
• 11:28
  I apologize. We just wanted to go back to
• 11:31
  normal and we will have a massive influx of new money into
• 11:38
  the into the silver markets. Sorry, though, we're going off
• 11:42
  the rails a little bit this morning Stream yard and my
• 11:45
  Internet is acting up. Also silver is that there's a
• 11:53
  supportive backdrop with dollar diversification, but also silver
• 11:58
  is in its 5th consecutive year of annual deficit estimated at
• 12:01
  118 million oz for 2025. This brings the cumulative
• 12:07
  cumulative shortfall since 2021 to around almost 800 million oz,
• 12:13
  reinforcing the positive price outlook.
• 12:17
  OK, why is that important? That's important for us to
• 12:21
  remember because hold on one second.
• 12:30
  OK, I'm back. I apologize for the technical
• 12:32
  issues. This is live streaming.
• 12:34
  Yeah. We're hitting the important
• 12:35
  points though, aren't we, Dusters?
• 12:37
  By the way, don't forget, if you like watching me struggle on
• 12:40
  live streams and you like hanging out in the basement
• 12:42
  knowing that I'm a real human, please feel free to subscribe to
• 12:46
  the channel. That would be greatly
• 12:48
  appreciated. I think we got some I think we
• 12:52
  got some slow down. Hopefully you can hear me.
• 12:55
  What's important to realize about the silver deficit in the
• 12:58
  silver situation, those quite simply this OK, there's only so
• 13:02
  much silver above ground period. And as we move forward, OK, year
• 13:09
  by year by year is that we're taking more silver out of the
• 13:12
  above ground stockpiles. Eventually it runs out.
• 13:16
  Eventually there's no more a grandma silverware to be melted
• 13:20
  down. There's no more silver that's
• 13:22
  available. And that's when the only thing
• 13:24
  that will fix that situation will be the what will be a
• 13:30
  higher price. Next up, let's talk about the
• 13:33
  fact that the silver and gold paper markets.
• 13:37
  I'd like to try to share my screen, but I think we are
• 13:40
  having some pretty nasty issues right now with technology.
• 13:47
  I'm going to try anyhow. This came from Arcadia
• 13:50
  Economics, our good friend Chris Marcus and I think we're up
• 13:59
  almost. Yep, there we are.
• 14:01
  OK, we've got still in the paper markets a very, very Barry.
• 14:10
  There's arcade economic sub stack gold and silver bank COMEX
• 14:14
  short positions remain near all time highs.
• 14:17
  Let's go down here and take a look.
• 14:21
  As you might imagine given the current price levels, the short
• 14:25
  position held by the banks in both gold and silver markets
• 14:28
  remain near the extreme end. The current level for both
• 14:32
  metals is slightly off the all time highs and I would imagine
• 14:37
  that would remain the case again this Friday, which will be today
• 14:41
  when we get the latest top report.
• 14:43
  So the the short position in the paper markets for both gold and
• 14:47
  silver are near all time highs. This is gold.
• 14:51
  As you can see he's he's circled that in red where you can see
• 14:55
  the near record all time highs on the gold short position.
• 14:59
  And then here is silver from the cop report again near looks like
• 15:04
  I guess if we go back a number of years, I think this went back
• 15:07
  to is that June? No, I looked here earlier back
• 15:11
  to 2007, but again, we are at or near a record all time highs in
• 15:16
  the short position in the silver market as well.
• 15:20
  Let's do a quick check of the here we are.
• 15:23
  I think we're back now. Sorry guys, we have been having
• 15:26
  some some streaming issues this morning, but let's go take a
• 15:31
  look at the silver price over in China.
• 15:34
  This comes from our friend the Oriental Ghost and is showing us
• 15:39
  in no uncertain terms. Come on, there we go.
• 15:48
  This is the Shanghai Gold Exchange, OK, The Chinese
• 15:52
  market, the physical market for silver and gold in China.
• 15:56
  And when we look at silver, which is AG on the chart on the
• 16:01
  SGE, the Shanghai Gold Exchange, which is again pretty much their
• 16:05
  physical market, right, we are at a price of $40 per oz.
• 16:11
  What if we go back to, let's go back to CNBC here for a second,
• 16:17
  see if we get this to pull up. Yeah, silver in the United
• 16:22
  States in the futures market, $38.54, probably a bit less in
• 16:28
  the spot market. So guys, the the physical price
• 16:32
  of silver in China, which we all know is where the the current
• 16:38
  price setting mechanism is moving, continues to be
• 16:42
  significantly higher than what we have in the United States.
• 16:46
  It's absolutely crazy. On top of that, there are so
• 16:51
  many fundamental factors driving the silver price forward.
• 16:54
  I'm going to talk about one of them next.
• 16:57
  But before I do that, I do want to say thank you to 1st Mint for
• 17:00
  sponsoring the gold and silver content There a silver mint
• 17:04
  located in Las Vegas, NV owned by First Majestic Silver.
• 17:09
  First Majestic Silver mines the silver in Mexico, sends it to
• 17:13
  Las Vegas where it's minted into world class silver bullion
• 17:17
  products. You can check them out at First
• 17:20
  mint.com. They have all original pieces,
• 17:23
  great customer service, free shipping on orders over $199 and
• 17:28
  there's a discount code you can use VIPRB.
• 17:32
  But another factor that you don't hear a lot of people
• 17:35
  talking about with silver is the actual production of silver
• 17:39
  coming out of the mines has been going down, down, down, OK.
• 17:44
  We're seeing that in Mexico. We're seeing that on a worldwide
• 17:47
  basis. At the same time, when demand
• 17:50
  for silver continues to go up, we are getting set up for an
• 17:53
  absolute perfect, perfect storm and the silver market is so
• 17:59
  small. Wait till you see this.
• 18:01
  This was an excellent piece that I saw that I wanted to share
• 18:04
  with you that just demonstrates how unbelievably undervalued.
• 18:11
  Hold on here. Where did it go?
• 18:14
  Hold on one second, guys. I'm going to let you look at the
• 18:17
  Shanghai Gold Exchange while I go back and pull up.
• 18:22
  Here it is. No.
• 18:24
  Darn it. Where did that?
• 18:25
  Where did that go? I think this is it.
• 18:29
  Yep, here it is. Comparing.
• 18:31
  This is incredible, an incredible fact about our friend
• 18:34
  silver. We're waiting.
• 18:46
  We're going to wait. We're patient.
• 18:48
  We're silver and gold investors. We've been patient for years.
• 18:52
  It's almost here, guys. I won't sing for you or anything
• 18:55
  like that. Come on.
• 18:56
  Pull up. There it is from Horna Honza
• 19:00
  Serenade. One Amazon.
• 19:02
  OK, the company Amazon. One Amazon is worth more than
• 19:06
  the entire global silver market. OK, here it's a look at this.
• 19:11
  OK, silver. He says 2.1 trillion.
• 19:14
  Humanity has mined all the silver on Earth over thousands
• 19:18
  of years, and yet its total value doesn't even exceed that
• 19:22
  of of a single U.S. company that ships boxes most people throw
• 19:27
  away within six months. And still some insist silver is
• 19:32
  a bubble. Here we go.
• 19:35
  All the silver ever mine is worth 2.1 trillion, and one
• 19:40
  Amazon is worth 2.3 trillion. And this was from a few days
• 19:43
  ago. So with knowing how the stock
• 19:45
  market's been going, it's probably even more exaggerated
• 19:50
  at this point. Let's look at another crazy fact
• 19:54
  that we have when we compare the gold price.
• 19:56
  This shows how gold has performed since 1999 comes from
• 20:02
  our friend Make Gold Great Again.
• 20:05
  He says almost nobody on the planet Earth realizes that
• 20:08
  stocks are down 60% versus gold since 1999.
• 20:14
  And the way he's presenting this?
• 20:17
  Is simply this the Dow to gold ratio?
• 20:20
  So how many, how many ounces of gold does it take to buy one
• 20:24
  unit of the Dow was at its top in 1999, right?
• 20:29
  Almost 45 ounces of gold to get one unit of the Dow.
• 20:32
  Today we are at 17.77 and that appears to be going down.
• 20:38
  He's got a target of .5. But basically when you compare
• 20:43
  the value of the Dow versus the value of gold, we've had a major
• 20:48
  significant decrease since 1999. It's going to be interesting.
• 20:53
  It feels like we are continuing down what it what, what is a, a
• 20:57
  very supportive path for the precious metals, for the value
• 21:02
  of the precious metals. We know it's worked for
• 21:05
  thousands of years. It's likely to continue working.
• 21:09
  Thanks for joining me. Thanks for being part of the
• 21:11
  basement. Don't forget to subscribe.
• 21:13
  Leave a comment in the comment section.
• 21:15
  You don't have to be nice. That's how we learn is from each
• 21:19
  other. But I want you to have a great
• 21:21
  day. Take care of yourself guys, OK?
• 21:23
  And I will see you soon.