Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / $100 SILVER ALERT! 🦍🦍 VIOLENT Changes Coming NOW! (Gold / Iran / COMEX News)

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$100 SILVER ALERT! 🦍🦍 VIOLENT Changes Coming NOW! (Gold / Iran / COMEX News) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  $100 silver, $600.00 silver. We're going to talk about all
• 0:05
  the reasons and examples why that will soon be the case, at
• 0:10
  least during our lifetime together.
• 0:12
  Let's start with North Star bad charts because we've got a
• 0:15
  signal right now in the precious metal sector that has only
• 0:19
  happened four times in the last 100 years.
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  And let's go see what he's talking about.
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  Definitely one of the most respected Chartist out there.
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  He doesn't talk often, but when he does, people pay attention.
• 0:34
  He tells you us we congratulations, you're living
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  through the 4th signal in 100 years.
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  Don't mess it up by listening to fairy tale narratives.
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  What he's comparing here is the gold price, gold versus the SPX
• 0:52
  5 month total strength indicator.
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  And as you can see, right, if we look at this chart, there have
• 0:58
  been a couple times where the blue line crossed over the gold
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  line. That was what back in the 1930s,
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  We had it again in the 1960s and had a massive like 10-15 year
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  period of, of major price increases for gold and silver
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  and again in the early 2000s. But the thing we're paying
• 1:19
  attention to is right here, guys, because where we want to
• 1:23
  go is way up here. So hey, look, these types of
• 1:27
  indicators only come along so often.
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  And when North Star Bad Charts talks, we are going to listen
• 1:34
  again. He's one of the most respected
• 1:36
  chartists out there and we know it, We feel it.
• 1:39
  We know the fundamental reasons, we know what's happening, right?
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  We know the we know the money printing, all that.
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  We're going to get into all that.
• 1:45
  But we got more charts to look at when it comes to silver in
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  particular. Let's go out here and check out
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  what Shane Magura put out. He says silver broke out of its
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  Pennant last Wednesday, as I said, which means this initial
• 2:02
  move should take us to the $98 range.
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  Now there's some dispute out there and it really doesn't
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  matter. Is this a Pennant or is it what
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  I like to call a falling wedge pattern, right, that was coming
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  down here. The big key, no matter what we
• 2:20
  call it, is that we have broken out, OK, and most analysts are
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  talking about something on the short term between $98 to $100
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  per oz for silver. While we're out here, let's go
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  check on the silver Sprite price.
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  OK, We're doing all right. Gosh, earlier today we were down
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  almost a dollar. We're still within striking
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  distance of $80 per oz in the spot market for silver, $4800
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  gold price right now. But wait, there's more.
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  There's even more charts, this one a rounding bottom pattern
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  again shared by by Mr. Shane, I believe.
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  Yes. OK, that's pointing out.
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  Oh, wait a minute. Let's go back here.
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  The silver outline is playing out nicely over a weekend.
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  Don't be bearish in a bull market.
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  And if you look at this one, he's got a target of almost
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  $107.00 per oz. And this is that rounding bottom
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  that they're everybody's talking about right now.
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  We got cupping handles, we've got wedges, but we also have a
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  rounding bottom, which is showing us, or I like to call
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  the Frisbee, that we could easily get to $100 silver or
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  higher sooner as opposed to later.
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  But wait, there's more, right? Because another legend in the
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  world of silver, the happy Hawaiian, Apparently he was big
• 3:48
  in the Reddit squeeze. That happened probably around
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  the time of the C-19 crisis. He brings up something super
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  interesting that we want to pay attention to.
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  The DXY index, the dollar index has fallen below.
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  This was as of yesterday. We're going to do an update
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  $98.50 and now he says the path to 160 dollars silver is open.
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  Sorry I'm distracted. I have a four legged visitor
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  down here in the basement. We'll see if he wants to say
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  hello to you in a second. I feel like I'm trained to
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  expect a rug pull from years of abuse.
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  I guess we'll see. I'm going to show you something
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  very critical on the DXY Index. Hold on a second here.
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  Where did he go? OK, I'll apologize in advance.
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  I've got a furry 4 legged friend who's stalking us.
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  Let's go out to the DXY Index, excuse me, and talk about why
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  that's so important. This is massive and it's
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  actually lower even now. Let's get the right screen up.
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  There we go. As you can see, we're at 98 O
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  seven, OK? But what we really want to look
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  at on this, and again, this compares the US dollar to a
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  bunch of other cruddy currencies.
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  Wow, the dollars going down. That's a one day chart.
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  All right, let's just look at a one month.
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  As you can see, it popped up during the war, but where we can
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  get a big clue about what may come for the gold and silver
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  prices in particular is right here.
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  As you can see, hold on here. All right, there's 1000.
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  Shoot, hold on, guys. OK, there's 100.
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  We're going to draw a line at 100 on the DXY Index.
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  As you can see back all the way to 1985 S Over the last 40
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  years, the DXY index has spent very little time above 100.
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  So even while we can talk about the dollar going down recently,
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  the reality is historically it's still in a higher range.
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  It's spent much more time right down here down below 100.
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  And when the dollar goes down, that is good for the price of
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  gold and silver. Now what's critical for us to
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  realize is it one of the most recent periods from 2001 through
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  about 2011 when the dollar dropped precipitously down all
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  the way to 75. During that period of time, the
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  silver price went from under $5 to over $50.00.
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  So as we look out as to what could happen here over the next
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  5 to 10 years, when we look at what North Star Bad Charts said,
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  when we look at the potential for even the DXY index, even
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  though we don't really pay attention to the DXY index, the
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  reality is we could be in for like a 10 year period.
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  I know we all like to watch the silver and gold price on a
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  daily, some of us an hourly basis.
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  But when we look out 10 years from now, right, that'll be
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  what, 2036, right? We could be in for a 10 year
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  period, a bull market. There's going to be ups and
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  downs. There's going to be short term
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  noise. There's going to be volatility.
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  I forgot to warn you at the beginning, there's going to be
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  volatility in the next month. But when we look at over a long
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  period of time, all the fundamentals are aligned for
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  higher and higher prices. Oh man, so much to cover.
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  OK, let's go out to the dude and do a check on the paper.
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  How much paper silver was traded yesterday?
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  Only 375,000,000 oz were traded, right?
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  In the paper markets, right? The LBMA, the Comex, the the
• 7:41
  make believe markets. Remember, that's almost half of
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  the total annual production of silver from all the silver mines
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  in the entire world traded in one day, right in the paper
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  markets. The physical market is what
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  matters at the end of the road. the IT it, when, when the hens
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  come home to roost. No matter how you want to say
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  it, slice it, or dice it, the physical demand for the metals,
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  for gold and for silver is what will determine the price.
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  Let's go do a quick update on the price of silver in China.
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  And why does that matter? Well, it matters because as we
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  can see, thanks to our friend the Oriental Ghost yesterday, we
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  are approaching $90.00 per oz right there at $89.19 in the
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  physical market in China, the Shanghai Gold Exchange, their
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  physical market, right, their futures market a little bit
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  higher. They're about like we are
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  basically not in a state of contango, not in a state of
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  backwardation. Next, let's talk about 6000
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  dollar gold from a very important source, someone
• 8:52
  telling us that we're going to have $6000 gold by the end of
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  the year. Before we do that, I do want to
• 8:58
  say thank you to channel sponsor Brixton Metals.
• 9:01
  They're a Canadian metals exploration company for big
• 9:05
  projects in the United States and Canada.
• 9:08
  Of course, our friends at First Mining Gold, Canadian
• 9:11
  development Stage Gold Company 2 huge projects both with multi
• 9:16
  million ounce deposits in Canada, Spring poll in Ontario,
• 9:20
  Du Parquet in Quebec. And our friends at First Met,
• 9:24
  the premium retail experience for us normal people who want to
• 9:29
  get our hands on some silver that can never be touched by the
• 9:33
  Comex or the LBMA. Because First Met is owned by
• 9:37
  First Majestic Silver who mines the silver in Mexico, sends it
• 9:42
  to the first mint facilities in Las Vegas, NV, and then it goes
• 9:46
  directly to you world class silver bullion products.
• 9:50
  You guys love them. I love them.
• 9:52
  They got a discount code you can use VIPRB like very important
• 9:57
  person Ron's basement, great price, great selection, great
• 10:00
  everything $6000 gold, but it's real important.
• 10:04
  Who's saying it? This is new.
• 10:06
  OK, I'm going to. Let's let's learn first.
• 10:09
  Who's saying it? Someone who I had not really
• 10:12
  heard of. Hold on here.
• 10:15
  Here we go. UUBP.
• 10:19
  Have you heard of UBP? Union banker Prive Sounds fancy.
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  Because it is. They are the premier Swiss
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  private bank specializing in wealth asset management for
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  private and institutional clients, blah blah, blah.
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  This is according to my sources, like, you know, remember Swiss
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  bankers, they're like the, the secret Swiss bank accounts.
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  They're like the premier. They're like the the bankers who
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  are in the know. They're right up there with the
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  world central banks. Well, this is like apparently
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  the premier of the Swiss, They're talking about $6000 gold
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  by the end of the year. And Bloomberg, Bloomberg is even
• 10:59
  covering it. Let's go out and see what
• 11:01
  Bloomberg has to say. They say the Swiss bank UBP
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  buying gold again, forecasting $6000 by year end.
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  Hey, that's a pretty good increase guys.
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  That's what, 20% from where we are?
• 11:16
  UBP is buying gold again after cutting a significant position.
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  So they'd sold in response to the Iran war induced slump,
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  saying it believes the long term outlook remains intact.
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  Remember, what's good for gold is good for silver.
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  The bank is gradually adding bullion to discretionary client
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  portfolios. After cutting exposure to 3%,
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  they cut all the way to 3% from around 10%.
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  With bullion positions now quote quite balanced.
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  UBP still sees a gold price rising to $6000 an ounce by the
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  end of the year due to structural demand including
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  central bank buying and geopolitical tensions.
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  So hey, you know when, when, when the premier Swiss banker is
• 12:04
  telling us we can get $6000 gold by the end of the year.
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  We're going to listen. Let's get to some more basics of
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  what's going on right now. This was interesting from a big
• 12:14
  crypto influencer who's realizing breaking there's AUS
• 12:18
  debt crisis. Nearly $1.00 out of every $5
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  that our government brings in now goes to pay interest.
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  Hold on here, hold on, forgot to share that.
• 12:29
  There we go. Goes to pay interest within the
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  next 10 years, one in $4.00 will be going just to pay interest on
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  our debt. Think of the printing they'll
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  have to do to mitigate this absolute disaster.
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  OK, now we talked about UBP. We're going to go back to
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  Switzerland today. I should have worn a Swiss, one
• 12:52
  of those Swiss hats. We're going to go back to
• 12:54
  Switzerland. We know UBP, we learned about
• 12:56
  them, right? They're, they're like the secret
• 12:58
  Swiss bank account. So we hadn't really heard of
• 13:01
  them. But UBS, right, the biggest
• 13:04
  bank, like the big Swiss banker, they're not quite saying $6000
• 13:09
  gold, but they're saying $5900 gold.
• 13:12
  And I, I, I screenshot this to share it with you.
• 13:15
  It was shared by Swen Lorenz. But I wanted, this is what UBS
• 13:20
  is saying about gold from their report.
• 13:22
  Did you know gold tends to perform best when growth
• 13:26
  expectations fall in central banks cut rates leading to lower
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  real yields, usually during the second phase of a crisis.
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  And we're going to get to their prediction here in one second.
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  Interest in exchange traded funds tied to gold are expected
• 13:41
  to remain high. We project inflows for 2026 to
• 13:45
  reach 825 metric tons, an increase from our previous
• 13:49
  forecast of 750 metric tons. So more people moving into the
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  ETS, this is the important part. Again, this is UBS investment
• 13:59
  view. We see gold as a strategic hedge
• 14:02
  within an invest within an investment portfolio.
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  We believe mid single digit portfolio allocation is optimal
• 14:10
  for those with an affinity for gold.
• 14:12
  We expect the price of gold to end the year around $5900 per
• 14:18
  oz, but let's revisit we believe a mid single digit portfolio
• 14:24
  allocation. OK, Remember what we learned
• 14:28
  yesterday? I think it was Pierre Lassan
• 14:30
  said if 1% of the world's 1%, OK, UBS is saying mid like 4-5,
• 14:38
  six percent. Pierre Lassan told us if one,
• 14:41
  just 1% of the world's wealth were transferred into gold, that
• 14:45
  the gold price would be $25,000 per oz.
• 14:51
  OK. But UBS still is telling us
• 14:55
  regardless that we can get a $5900 gold price by the end of
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  the year. You know what, when I see the
• 15:02
  only thing this is great, the only thing that matters when it
• 15:06
  comes, this is from correlation economics.
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  The only thing that matters for gold is the 440 trillion in
• 15:13
  debt. Everything else really truly is
• 15:16
  just noise. I mean, look at that guys.
• 15:18
  That's the total public debt, that's the United States debt.
• 15:22
  Do you see a trend that it keeps going up at a faster and faster
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  rate? You can complicate things.
• 15:28
  We can look at every chart in the book.
• 15:30
  We can look at at at inventory reports for silver, whatever.
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  But at the end of the day, right, that equals money
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  printing. And what you see right there in
• 15:39
  front of you tells us in no uncertain terms that that's
• 15:43
  where we're heading. Now, I want to scare you.
• 15:45
  I don't mean to scare you too badly, but we got some really
• 15:49
  scary information about the US economy.
• 15:52
  Look, the United States economy is a consumer based economy.
• 15:57
  Every economic economist, every economist will say that and
• 16:03
  we're getting some information about the consumer that is and
• 16:07
  everybody. Do you feel it?
• 16:08
  I feel it, right. Like people are scared out there
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  on top of the fact that they get really scared when they go to
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  the grocery store or to a Walmart or anywhere else and try
• 16:18
  to buy things that they need just to survive.
• 16:21
  But wait until you see this and then there's an extra added
• 16:25
  bonus kicker that could tell us that we could be in for some
• 16:28
  downright nasty times in the near future.
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  This comes from Liz Ann Saunders.
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  Liz Ann Saunders is the chief investment strategist at
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  Schwab's Center for Financial Research, right?
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  She's got 553,000 people that follow her.
• 16:48
  Follow her on the X platform. She says this the share of
• 16:51
  consumers who are saying that her financial situation is worse
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  compared to a year ago due to higher prices jumped to 54% in
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  April versus 47% in March, now the highest on record.
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  We are a consumer based economy when people are saying right
• 17:14
  that their that their financial situation is worse by a huge
• 17:19
  amount over just one month, that's not a good sign.
• 17:22
  But I want to point something out to you on this chart.
• 17:25
  As you can see this is super, super interesting and I don't
• 17:29
  know anybody else who noticed this yet, but this goes all the
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  way back to 1980, right? Can you see where it peaked?
• 17:36
  And remember, that's when gold and silver peaked after that
• 17:39
  period of the 1970s, right when we had oil and oil crisis.
• 17:43
  Sound familiar? We had high inflation.
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  OK, All right, that's the last time that that number peaked.
• 17:49
  People feeling poor. Then we go over here to about
• 17:52
  what after the great financial crisis, 2010, 2011, did I
• 17:58
  mention to you another period of time when gold and silver
• 18:02
  peaked? And then we go to where we are
• 18:05
  today where it's popping back up.
• 18:07
  But that's not the big key. I'm going to change colors for
• 18:11
  you. We often talk of the cup and
• 18:14
  handle pattern on this channel. If you look, do you see a cup,
• 18:19
  right? Kind of very similar to when the
• 18:23
  the cup and handle pattern and the silver price starting around
• 18:26
  1980 ending around 2011. Do you see a handle that formed
• 18:33
  as well from 2011 to period to the current period?
• 18:37
  Do you see just almost like the silver price, right, a breakout
• 18:43
  that has occurred. See if I can draw an arrow there
• 18:47
  for you. OK, so this is actually a very
• 18:50
  scary situation on the Wedge. I will, Susie, I'm sorry.
• 18:58
  I promise you guys, I'll get the wedgie, the underwears thing
• 19:01
  out. I'll look for it as soon as I'm
• 19:02
  done. It's hidden somewhere in a pile
• 19:04
  of papers. Oh, on top of what we're what we
• 19:07
  just saw too. Remember earlier in the week we
• 19:11
  got scary news from Home Depot, the world's biggest home
• 19:14
  improvement retailer, who said people are shifting from
• 19:17
  spending money on big ticket items like wash machines and
• 19:21
  $5000 refrigerators, and they're spending that money instead on
• 19:25
  things like plumbing supplies and electric supplies.
• 19:28
  Maintenance, maintenance issues. We're also seeing a big shift.
• 19:33
  Walmart's doing pretty well because a lot of upper middle
• 19:36
  class, high end consumers are shifting from name brands to
• 19:40
  places like Walmart and you know, the dollar store, which is
• 19:43
  no longer the dollar store, it's now the dollar 50 store, excuse
• 19:48
  me, or dollar 25 store, but there's no inflation and the
• 19:53
  amount of candy you get in the candy packages, there's gone
• 19:55
  down anyway. They're they're saying people
• 19:58
  are going from Walmart to the dollar store and CarMax.
• 20:02
  You know, CarMax is the United States by far biggest used car
• 20:06
  dealer. They're having that massive
• 20:09
  issues because all these people out there, there's so many
• 20:12
  people that have like they're upside down on their car loans.
• 20:16
  They have, you know, like normal middle class people and I feel
• 20:18
  for them. You got to be careful with
• 20:20
  consumer debt. I hope you are.
• 20:22
  Please always be responsible. But none the less, there's a lot
• 20:25
  of people out there that just can't afford cars.
• 20:28
  There's people that owe like $75,000 in car loans and have
• 20:32
  cars that are worth like $40,000.
• 20:36
  It's called being upside down on your loan.
• 20:38
  So when we look at all this data, when we pull it all
• 20:40
  together, when we look at the charts, OK, remember what we
• 20:45
  looked at at the beginning from our friend North Star bad
• 20:48
  charts, right? We're getting a signal that's
• 20:50
  this is only the 4th time we've had in the last 100 years.
• 20:55
  When we look at what's going on with the consumer and compare
• 20:58
  that to, to to what the cup and handle that we have in the
• 21:01
  silver price. When we look at the DXY index,
• 21:05
  right, and all the dollars going down the and look, it is, it's,
• 21:09
  it's like comparing horses in a glue factory.
• 21:12
  But nonetheless, the DXY index does have a big opportunity to
• 21:16
  fall much more from where it is. When we look at the charts of
• 21:21
  the US debt exploding, right? And then think about that within
• 21:24
  the context of the value of the dollar.
• 21:27
  Doesn't it feel good that we are invested in the precious metals?
• 21:32
  Let's check in with upstairs, Susie, and see if I forgot
• 21:34
  anything. Upstairs Susie, Are you there?
• 21:36
  Over. I'm here.
• 21:40
  OK. Did I forget anything,
• 21:42
  sweetheart? No, I'm just trying to get
• 21:46
  people to get to 200, Mike. All right.
• 21:49
  Been wearing the cowbell today. I'll bring the cowbell.
• 21:52
  Hey, come on, guys, let's do it. You know what?
• 21:54
  Let's hang out in the basement together for a little while.
• 21:57
  All you got to do is give it a thumbs up.
• 21:59
  When we get to 200 upstairs, Susie will let me know.
• 22:03
  But in the interim, we're going to have some fun.
• 22:05
  This is your chance to be famous on the Internet.
• 22:08
  Tell me where you're joining us from.
• 22:10
  I'll try to read them as fast as I can.
• 22:12
  And once we get to 200, I will ring the cowbell.
• 22:15
  I see it. I'll get it.
• 22:17
  It's ready to go. Let's go.
• 22:19
  Let's go, basement dwellers. Oh, and don't forget, please
• 22:22
  subscribe to the to the channel. OK, Ontario.
• 22:27
  OK, Northridge. Hold on, Ontario.
• 22:32
  Thank you, Iron Ball. You guys are the best.
• 22:35
  Scottsdale, AZ. Maybe it's Netherlands.
• 22:39
  Wow. Atlanta, GA.
• 22:40
  I mean, we are everywhere. Crown Point IN You are famous.
• 22:44
  Washington State. Ohio.
• 22:46
  Amherst. OH, welcome.
• 22:49
  Wisconsin's Washington state. The moon.
• 22:52
  All right, my friend. Netherland.
• 22:55
  Bethlehem, PA. I want to go there.
• 22:57
  Our niece went to that college there.
• 22:59
  I forget what it's called. Anyway.
• 23:01
  SA Awesome man. California, Utah.
• 23:05
  Corpus Christi. Moore Cowbell.
• 23:08
  Yeah, let's ring that cowbell. Melbourne, Australia.
• 23:11
  Dalton, GA Mars. Oh, my gosh.
• 23:14
  Newton. I can't read that.
• 23:16
  Bethlehem, PA, Texas, California.
• 23:20
  Oh, my gosh. It's incredible.
• 23:22
  North Carolina. All right, Susie, where are we?
• 23:25
  Can I ring the bell? We need 7 more thumbs up.
• 23:30
  Come on. You can't press it twice.
• 23:32
  Yeah. Pacific, California.
• 23:34
  Communist Canada. North Carolina.
• 23:37
  This is incredible. Oh, man.
• 23:40
  Hey, look at that. We got a super chat.
• 23:42
  You're you're going to be real famous on the Internet.
• 23:45
  Hold on. There we go.
• 23:47
  Edina 75. Happy Wednesday from Florida.
• 23:50
  Thank you for the Super chat. Susie's going to update me when
• 23:54
  we get to our 200 Thumbs up. British Columbia, Franklin
• 23:58
  County. That's awesome.
• 23:59
  Missouri. That's where I am.
• 24:01
  Thank you, guys. Kansas City.
• 24:03
  And you got it. We got it.
• 24:06
  OK, so just part of the lore of Ron's basement.
• 24:10
  This was a cowbell that one of our base fellow basement
• 24:13
  dwellers brought by like 2 years ago.
• 24:16
  We ring it when we get to 200 thumbs up and it's loud.
• 24:21
  This is a real cowbell. All right, guys, thanks for
• 24:23
  being here. I look forward to seeing you
• 24:25
  again. Your time's valuable.
• 24:28
  On behalf of Susie and myself, thank you.
• 24:30
  Please, if you don't mind, subscribe to the channel and
• 24:34
  we'll see you soon. Thank you.