Latest / The Paul Barron Crypto Show / Silver Going PARABOLIC!… and Tokenized Silver Could Take It Even Higher!🚀Denario INTERVIEW
Transcript
- 0:00Speaker 1: The markets are moving a little bit, and silver is
- 0:02Speaker 1: one of the catalysts that is starting to make a
- 0:04Speaker 1: historical all time high. We'll break it all down for
- 0:06Speaker 1: you today. You don't want to miss it. Let's just
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- 0:54Speaker 1: Let's go over to a couple of points I want
- 0:56Speaker 1: to get on before we bring our guests in today.
- 0:58Speaker 1: And this, of course is the top of silver, which
- 1:00Speaker 1: is soaring to fifty nine bucks for the first time
- 1:02Speaker 1: in history. It has broken all things. This is like
- 1:05Speaker 1: Bitcoin breaking out and going into discovery. This is exactly
- 1:09Speaker 1: what's happening with silver right now, and it's outpacing gold,
- 1:13Speaker 1: south pacing most of the SMP. We're starting to see
- 1:16Speaker 1: movement right now that is very aggressive in terms of
- 1:20Speaker 1: the growth. A lot of people are asking why. This
- 1:23Speaker 1: of course was one of the headlines. We had a
- 1:25Speaker 1: ten hour CME halt, and I want to go to
- 1:27Speaker 1: a clip that recaps a lot of what was happening,
- 1:29Speaker 1: because this created kind of almost a fudstorm both pro
- 1:33Speaker 1: and against. Take a look.
- 1:35Speaker 2: Trading was halted across many of the CME mark as silver.
- 1:40Speaker 3: People came out and said, it's silver that broke the system.
- 1:44Speaker 1: I mean, you built infrastructure for thirty years, you know
- 1:47Speaker 1: how these data centers are built.
- 1:49Speaker 4: It took them to a Sunday evening to go hold
- 1:51Speaker 4: on them and it punktuk tunk i became so you know, oops.
- 1:55Speaker 3: It brought a lot of conspiracies out right to make fishy.
- 1:58Speaker 5: Could it be the powers? It be just pulled the
- 2:01Speaker 5: plug on the whole system while I try to sort
- 2:03Speaker 5: it out. You know, there is no way a quote
- 2:06Speaker 5: cooling issue can shut down the COMAX. Believe when I
- 2:09Speaker 5: say that that's impossible, it's complete bs.
- 2:11Speaker 3: Well, it also show you how weak our markets are.
- 2:14Speaker 3: If an air conditioner can bring down the market.
- 2:16Speaker 5: A delivery of two billion dollars worth of silver, this
- 2:20Speaker 5: is large Shanghai rather suggests that the stands Ford delivery
- 2:24Speaker 5: was a Chinese origy.
- 2:26Speaker 2: Perhaps an Asian trader who wanted over four hundred million
- 2:28Speaker 2: ounces of silver. Give it to me. Well, all of
- 2:31Speaker 2: a sudden, the cooling breaks down over Thanksgiving and one
- 2:34Speaker 2: of the most thinly traded markets of US. But just
- 2:37Speaker 2: those servers broke down right.
- 2:40Speaker 1: All right, So you can see a lot of fud
- 2:42Speaker 1: and a lot of speculation that this was an orchestrated event,
- 2:45Speaker 1: and of course silver is benefiting from that. We broke
- 2:48Speaker 1: this down with the Donari Team scenario team a.
- 2:51Speaker 3: Little bit ago.
- 2:52Speaker 1: We had their ceoon breaking down what was going on
- 2:55Speaker 1: in the silver market. At that point, he felt like
- 2:57Speaker 1: we would see one more last dip before we saw
- 2:59Speaker 1: a resurgent to the high. He was actually right on
- 3:02Speaker 1: his estimation, So we wanted to bring in another member
- 3:05Speaker 1: of the Onnario team to kind of break this down. Richard,
- 3:07Speaker 1: how are you.
- 3:08Speaker 3: I'm very well today. Thank you Paul for having me on.
- 3:10Speaker 1: Yeah, let's get into a couple of points right here.
- 3:12Speaker 1: I'm going to go to your tweet right here, Ja,
- 3:14Speaker 1: this is an interesting one. JP Morgan supposedly moved its
- 3:18Speaker 1: entire comx gold trading desk from New York to Singapore
- 3:22Speaker 1: last Thursday. This is no confirmation from JP Morgan Bloomberg
- 3:25Speaker 1: Ruters of course officially filing as of Desimber. First, what
- 3:28Speaker 1: we do know JP Morgan has been expanding into Singapore
- 3:31Speaker 1: for years, Asian Neil now buying fifty percent of gold,
- 3:35Speaker 1: so a lot of activity with some of the major
- 3:38Speaker 1: market makers in general. What do you make of this
- 3:41Speaker 1: right now? Do you feel like this is a trend
- 3:43Speaker 1: that we're going to start seeing more of this kind
- 3:45Speaker 1: of activity.
- 3:47Speaker 3: I do believe so.
- 3:48Speaker 4: But look, if we're talking about gold, I mean, look,
- 3:52Speaker 4: everybody in the world they want to get their hands
- 3:54Speaker 4: on this right now.
- 3:55Speaker 3: Same goes with Silva.
- 3:56Speaker 4: We personally see way more potential upside for s and
- 4:00Speaker 4: I was CEO, I was just talking to him today.
- 4:03Speaker 4: He's looking at three digit silver, you know, in the
- 4:05Speaker 4: coming years.
- 4:06Speaker 1: Coming years. Okay, so the possibility and the acceleration. Actually,
- 4:11Speaker 1: I'm going to go over to the chart real quick.
- 4:13Speaker 1: I want to just jump over to our silver chart
- 4:15Speaker 1: and take a look at something. Because you look at
- 4:17Speaker 1: this run up right here, I'm on the daily This
- 4:20Speaker 1: is when silver was trading at about.
- 4:21Speaker 3: Third absolutely beautiful.
- 4:23Speaker 1: Yeah, so you're talking April of twenty twenty five right there,
- 4:27Speaker 1: within the year, and you've seen a run up here
- 4:30Speaker 1: from the bottom of that mark to where it's trading
- 4:32Speaker 1: right now. This is doubling in less than eight months.
- 4:36Speaker 1: So why would you think a couple of years if
- 4:39Speaker 1: this kind of activity is actually going on and we
- 4:41Speaker 1: haven't even seen digital and token is silver just yet.
- 4:45Speaker 3: Yeah, and that's exactly what we do.
- 4:47Speaker 4: I mean, that's going to give people, you know, such
- 4:50Speaker 4: easy access to silver, you know, and precious metals as well. Look,
- 4:54Speaker 4: it's just a conservative estimate because a lot of analysts
- 4:57Speaker 4: they like to make different predictions, and it's just so
- 5:00Speaker 4: something that we're very comfortable predicted to predict is that
- 5:03Speaker 4: you know, in the next couple of years, a three
- 5:06Speaker 4: digit silver is just it makes all the sense in
- 5:08Speaker 4: the world. There are just too many things on the
- 5:10Speaker 4: table right now. If we look at recently crypto inequities,
- 5:14Speaker 4: they've been super volatile dropping recently, while gold and silver
- 5:17Speaker 4: they've held up comparatively better. And this really shows their
- 5:21Speaker 4: role as a flight to safety as assets. And then
- 5:24Speaker 4: we've got you know, the structural silver storage things like
- 5:27Speaker 4: physical silver inventories, the COMEX, LBMA, Shanghai versus demand very
- 5:33Speaker 4: very typeite now. And then you know, just recently the
- 5:36Speaker 4: futures expiring showed a really strong demand for the physical
- 5:39Speaker 4: delivery relative to registered stocks, and so that's the kind
- 5:44Speaker 4: of backdrop for the three digit silver expectation in the
- 5:47Speaker 4: coming years. On top of that, we've got the industrial demand.
- 5:51Speaker 4: Something that I'm personally very bullish on is central banks
- 5:54Speaker 4: because Russia is really front running this. As you can see,
- 5:57Speaker 4: the Russian Central Bank is looking to and they've reaffirmed
- 6:01Speaker 4: that commitment to five hundred and thirty five million dollars.
- 6:04Speaker 4: I believe it's December seventeenth, nineteenth where we're going to
- 6:07Speaker 4: have more clarity on this but if we see the
- 6:09Speaker 4: central banks start aping into silver for their reserves, we
- 6:13Speaker 4: think that this is going to you know, really create
- 6:15Speaker 4: a momentum around the world. And then of course this
- 6:18Speaker 4: happened just after the US added silver to their precious
- 6:22Speaker 4: metals list, so we had absolutely every reason to be
- 6:25Speaker 4: bullish on silver right now.
- 6:26Speaker 1: So you okay, So silver definitely pro obviously the supply
- 6:30Speaker 1: sides of this in terms of the shock that seems
- 6:33Speaker 1: to be hitting the system, The real question is this
- 6:36Speaker 1: a hulk? So are we seeing you know, manipulation because
- 6:39Speaker 1: in these kind of markets, these are kind of the
- 6:41Speaker 1: scenarios that traders are often looking at, especially with what
- 6:44Speaker 1: happened with Comax. What we saw for the weekend timing
- 6:47Speaker 1: was interesting to say the least, and of course now
- 6:51Speaker 1: silver benefiting from that. Do you feel like we could
- 6:53Speaker 1: see a major retracement on this?
- 6:56Speaker 3: To be honest, anything is possible.
- 6:57Speaker 4: What we're seeing right now is a lot of you know,
- 6:59Speaker 4: conspirae theories flying around. Some things they just don't add up,
- 7:02Speaker 4: like you showed them the clip, you know, cooling systems
- 7:05Speaker 4: going down and it just doesn't make sense. It feels manipulated.
- 7:10Speaker 4: But again, we don't have those official releases. It's very
- 7:13Speaker 4: strange that the news outlets particularly quiet on this, but
- 7:17Speaker 4: they've been particularly quiet also on China, you know, building
- 7:20Speaker 4: their reserves. I think only something like ten percent has
- 7:23Speaker 4: been officially reported. A lot of people are screaming about this,
- 7:26Speaker 4: but social media right now is very very noisy in
- 7:29Speaker 4: this way, and what we need is just more clarity.
- 7:31Speaker 4: But what we can see is this constant, huge demand
- 7:35Speaker 4: for both gold and silver, and together with our w
- 7:38Speaker 4: ways and tokenized assets, we feel extremely boodhish on this
- 7:41Speaker 4: because it's going to be able to give retailers incredibly
- 7:44Speaker 4: easy access. And you know, when we think about buying
- 7:47Speaker 4: gold bars and stuff like this, you know you need
- 7:50Speaker 4: to think about theft, storage insurance. Are you going to
- 7:53Speaker 4: have something that's fake, you know, tungsten that's sprayed with
- 7:56Speaker 4: gold and stuff like this. Whereas if we have tokenized
- 7:59Speaker 4: assets that are audited and verified, and then you can
- 8:03Speaker 4: move pretty freely around. As Michael Sala always says, try
- 8:06Speaker 4: to take gold bus through customs. They're going to automatically
- 8:10Speaker 4: assume that you stole this, and you know you're going
- 8:12Speaker 4: to get held up, and especially if you travel a lot,
- 8:15Speaker 4: that's incredibly problematic. You mentioned that at the beginning about tangent.
- 8:19Speaker 4: A big fan of tangum. I have one myself. By
- 8:21Speaker 4: the way, self custody is absolutely king and we can
- 8:24Speaker 4: just move around very freely and still have access to
- 8:27Speaker 4: all of the upside of precious metals, including commit.
- 8:30Speaker 1: Okay, so you you mentioned China for a second, because
- 8:34Speaker 1: I think this is something that a lot of people
- 8:35Speaker 1: are watching right now. They're blaming the US for quite
- 8:38Speaker 1: a bit of bitcoin in terms of a theft that
- 8:40Speaker 1: they had. Is this and of course China being very
- 8:43Speaker 1: pro gold, so precious metals in general. Do you feel
- 8:46Speaker 1: like this is just China's way of making a mark
- 8:50Speaker 1: back against the United States to continue to pressure into
- 8:52Speaker 1: precious metals.
- 8:54Speaker 3: Yeah, I think you summed it up perfectly. I couldn't
- 8:56Speaker 3: agree more. That's our stance as well.
- 8:58Speaker 1: Okay, when you look at because you're talking about everything
- 9:02Speaker 1: from token i's gold. We haven't seen a true tokenied
- 9:05Speaker 1: silver like that's tradable out there on the open market
- 9:08Speaker 1: outside of what you guys are doing. But you look
- 9:10Speaker 1: at xaut being tether tether gold, this of course being
- 9:14Speaker 1: one of the most popular starting to move dramatically. I
- 9:17Speaker 1: was looking at if you look at current volume right
- 9:20Speaker 1: now at bitcoin around seventy seven billion, then you could
- 9:22Speaker 1: jump over here eighteen billion right now on just xaut
- 9:26Speaker 1: So Token i's gold. Now you imagine if this could
- 9:30Speaker 1: happen on Token I silver. How close do you think
- 9:33Speaker 1: we are of companies coming to market with token I silver.
- 9:37Speaker 4: You know, it's something that everybody wants access to, and
- 9:40Speaker 4: it's exactly why at decenario we are more focused on
- 9:45Speaker 4: silver specifically because of its upside it has, you know,
- 9:49Speaker 4: and the margins are way bigger as well as in
- 9:52Speaker 4: comparison with gold. Definitely gold at a thirty trillion dollar
- 9:56Speaker 4: market cap, you know, it's the largest asset in the world,
- 9:59Speaker 4: but we do think that the upside for silver is
- 10:03Speaker 4: just way more attractive for investorsing, and so that's why
- 10:07Speaker 4: we're specifically focused more right now on silver, although we
- 10:11Speaker 4: do offer tokenized gold as well.
- 10:15Speaker 1: So you feel like silver is going to continue to
- 10:17Speaker 1: outpace gold in terms of growth right now, at least
- 10:20Speaker 1: in the near future.
- 10:21Speaker 4: Yeah, exactly, And the gold to silver ratio, as we
- 10:24Speaker 4: can see, you know, it's closing.
- 10:26Speaker 1: Yeah, all right, So with that being said, those two
- 10:28Speaker 1: assets and a lot of people right now are holding
- 10:31Speaker 1: tokenized gold. You've got Peter Schiff launching that he's doing
- 10:34Speaker 1: a tokenized gold product. I think he's also possibly going
- 10:37Speaker 1: to be doing a silver product eventually. But I'm kind
- 10:40Speaker 1: of curious when you look at that along with what
- 10:42Speaker 1: you guys are doing, is there a market for that
- 10:45Speaker 1: out of traditional crypto investors that have been buying you know,
- 10:49Speaker 1: whether it's bitcoin, ethereum, Salona XRP, could they actually be
- 10:54Speaker 1: in the market for gold and silver if it's tokenized.
- 10:56Speaker 3: Yeah.
- 10:57Speaker 4: Absolutely, as we know Larry Think, is you know, going
- 10:59Speaker 4: more around the world. He's talking about tokenization, Larry think
- 11:02Speaker 4: because a winner. I wouldn't bet against that guy, And
- 11:05Speaker 4: what are they going to be tokenizing? Okay, stocks, bonds? Fine,
- 11:09Speaker 4: but it just makes just perfect sense. I think that
- 11:12Speaker 4: gold and silver, these are going to be the front
- 11:14Speaker 4: runners when we do have that adoption. We've got the
- 11:16Speaker 4: Genius Act, We've got the Clarity Act, and actually they
- 11:19Speaker 4: do provide the rails for the RWA that we would
- 11:23Speaker 4: all like to see.
- 11:24Speaker 3: I think gold is going to.
- 11:25Speaker 4: Be first, but everybody knows that there's more upside, more
- 11:28Speaker 4: potential upside. I just can't say that enough times for
- 11:31Speaker 4: silver and so I think that we're going to see
- 11:33Speaker 4: huge demand for tokenized assets of gold and silver.
- 11:37Speaker 1: All right, So one of the points I was getting
- 11:38Speaker 1: at there, if you look back at the clip that
- 11:40Speaker 1: we played early, Yes, these are not typical people that
- 11:44Speaker 1: are on our show. These are have been silver bugs
- 11:46Speaker 1: that are coming out. How they would work now with
- 11:48Speaker 1: obviously silver flying And I think that's the question is
- 11:52Speaker 1: are we going to see just the group that has
- 11:55Speaker 1: been into silver all this time simply shifting over to
- 12:00Speaker 1: know whether it's a token is silver or a digital
- 12:02Speaker 1: silver of some format? Or would we see new market
- 12:06Speaker 1: entrants that are coming in from crypto? Because I'm thinking bitcoin,
- 12:09Speaker 1: do you think that gold kind of give you a
- 12:11Speaker 1: comparison here? Do you think gold could actually flip bitcoin
- 12:15Speaker 1: in terms of volume? I mean we saw it right there,
- 12:17Speaker 1: almost eighty billion versus almost twenty billion, and we're talking
- 12:21Speaker 1: about a movement right now where gold is I think
- 12:24Speaker 1: at forty two hundred right now?
- 12:25Speaker 2: What are your thoughts?
- 12:26Speaker 4: Yes? Correct, Oh that's a beautiful question. I love this
- 12:29Speaker 4: one first and foremost. If we take a look this
- 12:32Speaker 4: cycle is very very different. If we just look at crypto, okay,
- 12:35Speaker 4: and the last cycle, what we saw is that people
- 12:37Speaker 4: could gamble on NFTs, but then they'd rotate them and
- 12:40Speaker 4: they just go down the risk cup. A lot of people,
- 12:43Speaker 4: you know, they for example, bought Ethereum Salona at the
- 12:47Speaker 4: very top and then they had to diamond hand it
- 12:49Speaker 4: all the way through the bear market. And what we're
- 12:51Speaker 4: seeing now a lot of people are waking up to this.
- 12:53Speaker 4: What are they going to do with their profits if
- 12:56Speaker 4: you do get out, you know, near the top or
- 12:58Speaker 4: something like this, are you going to rotate them into
- 13:02Speaker 4: l one coins or mean coins?
- 13:03Speaker 3: I don't think so.
- 13:04Speaker 4: And especially with this growing narrative of tokenization, people need
- 13:08Speaker 4: to understand inflation and a hedge against inflation. And if
- 13:12Speaker 4: you had DCA dolar cost averaged into gold and silver,
- 13:15Speaker 4: like you just said at the beginning of the year,
- 13:17Speaker 4: you know, it's up almost two x and this is
- 13:21Speaker 4: a very stable asset of where you're going to put
- 13:24Speaker 4: your profits. And that's what we'd like to see more
- 13:27Speaker 4: and especially with easy access if we take a look
- 13:29Speaker 4: at something like gold, A lot of people for average
- 13:32Speaker 4: retailers for example, and this is why I think we're
- 13:34Speaker 4: going to see a lot of demand from retailers. They're
- 13:37Speaker 4: going to have much easier access to tokenize gold and silver.
- 13:41Speaker 3: A lot of retailers they think that, you know, gold.
- 13:44Speaker 4: Is something that's only for rich people, and to buy
- 13:47Speaker 4: and to store it, this is a complete pain. But
- 13:49Speaker 4: if you have tokenization and it has all of that upside,
- 13:52Speaker 4: it's a flight to safety, you know. I think people
- 13:56Speaker 4: are going to have very very easy access to this
- 13:58Speaker 4: and it will be somewhere that they rotate their profits
- 14:01Speaker 4: into comfortably as a hedge against inflation.
- 14:04Speaker 3: Well, we can up to inslation now.
- 14:06Speaker 1: Because exactly, I think the debasement trade is a real thing,
- 14:10Speaker 1: and we are seeing people under the age of forty
- 14:12Speaker 1: that have literally just detached from the financial system. But
- 14:15Speaker 1: to your point, yes, tokenization has really kind of changed
- 14:19Speaker 1: the way because I mean it's done it. We've been
- 14:20Speaker 1: able to do that in crypto, whether it's ethereum or bitcoin,
- 14:23Speaker 1: buying a fractional portion of those tokens now you can
- 14:26Speaker 1: do that obviously with some of these assets. I'm really
- 14:28Speaker 1: looking forward to seeing what you guys are doing when
- 14:31Speaker 1: you launch. So you are now launched on your platform,
- 14:33Speaker 1: I'm looking at that right now where you can buy
- 14:35Speaker 1: Denario silver and if you guys didn't watch our last video,
- 14:39Speaker 1: you can learn a lot more about Denario. Go back
- 14:41Speaker 1: to that video because their CEO kind of breaks down
- 14:43Speaker 1: a little bit about how you guys use industrial grade silver.
- 14:46Speaker 1: Part of that as the reserve asset for this. But
- 14:48Speaker 1: you can log on by DSc within it. What else
- 14:53Speaker 1: can I do in the platform itself?
- 14:55Speaker 3: Yeah?
- 14:55Speaker 4: Okay, So on the platform you can go in. It's
- 14:57Speaker 4: very easy to set up. There's no cave, I see.
- 15:00Speaker 4: All you need is an email address, a phone number
- 15:03Speaker 4: and you'll be able to get in. You are limited
- 15:07Speaker 4: to how much you can buy because we it's basically
- 15:11Speaker 4: a buffer. Yeah, so it's one thousand dollars. Yeah, that's
- 15:16Speaker 4: one thousand dollars per month. Yeah, one thousand dollars, can
- 15:19Speaker 4: get colors. That's what you can get right now. We
- 15:23Speaker 4: do want to have as we move forward, we are
- 15:25Speaker 4: going to have full KYC requirements, but it's right now
- 15:29Speaker 4: it's just because of the Swiss AML law threshold. If
- 15:32Speaker 4: it's well, it's actually one thousand Swiss francs and so
- 15:36Speaker 4: I think that's about one thousand, two hundred dollars, and
- 15:39Speaker 4: so that's the kind of limit per month. But what
- 15:41Speaker 4: we do have is a prefer and earn program, and
- 15:44Speaker 4: so it's really easy to understand.
- 15:47Speaker 3: If you can just get on there, you'll take a
- 15:49Speaker 3: look at your dashboard.
- 15:50Speaker 4: You get your own QR code, and for example, if
- 15:52Speaker 4: someone signs up using your code, then they get zero
- 15:55Speaker 4: point one, which is DSc the Denario Silver coin.
- 15:59Speaker 3: And just as people buying, you.
- 16:00Speaker 4: Can accumulate as well, so actually you'll just be adding
- 16:03Speaker 4: to your stack of silver instead of getting paid in
- 16:07Speaker 4: you know, staple coins.
- 16:08Speaker 1: All right, So okay, just what I'm seeing in the
- 16:12Speaker 1: market right now is if Tether or other major companies
- 16:16Speaker 1: go to market with a token I silver, this is
- 16:19Speaker 1: going to wreak havoc on your company. I mean, I'm
- 16:23Speaker 1: looking at XAUT, which is dominating right now. We've already
- 16:26Speaker 1: seen it. If you're you're maybe you're a tangent wall
- 16:29Speaker 1: or you can get x AUT right there on it
- 16:32Speaker 1: being able to trade in and out of gold like that.
- 16:35Speaker 1: Silver has been the missing link because we haven't seen
- 16:37Speaker 1: true token I silver coming in from a major player.
- 16:41Speaker 1: My ex estimation is we're going to see demands coming
- 16:44Speaker 1: at it pretty hard. I was looking at a couple
- 16:46Speaker 1: of tweets here, no Token I silver available right now.
- 16:49Speaker 1: This was one tweet out there, people are asking it,
- 16:52Speaker 1: what's token ied Silver's ticker. These are the kind of
- 16:55Speaker 1: things so there's estimation, or i should say expectation of
- 16:58Speaker 1: where to what can I Silver needs to come from?
- 17:01Speaker 1: What would it take for you guys to launch maybe
- 17:05Speaker 1: in a let's go move Denario to Asia, you know,
- 17:09Speaker 1: get something going here though, you guys can really advance
- 17:12Speaker 1: up in terms of tokenied silver definitely.
- 17:16Speaker 4: You know, for example, Singapore is definitely a hot spot.
- 17:19Speaker 4: It's a market that we would like to explore. But
- 17:21Speaker 4: at the same time, the US. I think the US
- 17:23Speaker 4: is going to be a huge market for this as well.
- 17:25Speaker 4: And just as we get that tokenization trend going look
- 17:29Speaker 4: at the end of the day, right yes, xaut is
- 17:31Speaker 4: dominating right now. Number one, there's always room at the top.
- 17:34Speaker 4: Number two, we need it to be accessible for people.
- 17:37Speaker 4: And that's something because right now, the Denario silver coin
- 17:40Speaker 4: it's on Polygon. We're on the Polygon network and what
- 17:43Speaker 4: we'd like to do is find we're looking for another
- 17:45Speaker 4: home for the Denario silver coin. We are looking at
- 17:49Speaker 4: Arbitram as one of the candidates because Arbitram right now
- 17:52Speaker 4: they're getting into the RWA. They don't have any tokenized
- 17:55Speaker 4: gold and silver at the moment on there, and so
- 17:58Speaker 4: I think that we could be better positioned there. And
- 18:00Speaker 4: also if we could get some you know, kind of funding,
- 18:03Speaker 4: some help with marketing, I think that could really help
- 18:05Speaker 4: to push it and put this in a very good position.
- 18:08Speaker 1: Okay, So a couple of points I would hit on
- 18:10Speaker 1: is if you're shopping for chains, I would probably look
- 18:12Speaker 1: at Solana. Obviously, the community there would support something like this.
- 18:16Speaker 1: We've already started to see quite a bit of move
- 18:19Speaker 1: out there already, and I think when you look at that,
- 18:22Speaker 1: you could often if you're looking at communities, because that's
- 18:25Speaker 1: the key here, if you're looking at communities being able
- 18:27Speaker 1: to grow it. I'm just looking at your TVL right now.
- 18:30Speaker 1: This obviously a small TVL. You would have to grow
- 18:33Speaker 1: this dramatically. But maybe Solana or maybe even XRP would
- 18:37Speaker 1: be the kind of platform that would give you exposure
- 18:41Speaker 1: to a really large investor base of being able to
- 18:44Speaker 1: get it to the next level. So I don't know,
- 18:46Speaker 1: just something to think about when you guys are no,
- 18:48Speaker 1: we did.
- 18:49Speaker 3: We've done a full analysis about this. We really broke
- 18:52Speaker 3: it down definitely. Solana was on the list.
- 18:54Speaker 4: We hadn't put XP on that actually, but we did
- 18:57Speaker 4: have like arbitram optimism, and so right now we just
- 18:59Speaker 4: need to make that decision.
- 19:01Speaker 3: But yeah, absolutely right.
- 19:03Speaker 4: The Solana ecosystem the very supportive and that could really
- 19:07Speaker 4: help give us a push as well.
- 19:09Speaker 1: I'm going to be watching it because you've got gold
- 19:11Speaker 1: over now on Solana, the tacker name where you can
- 19:14Speaker 1: get it, get tokenized gold over there available within that.
- 19:17Speaker 1: So I think this is going to be something to
- 19:19Speaker 1: kind of pay attention to in general. What price of
- 19:23Speaker 1: silver do you think we're going to see in terms
- 19:26Speaker 1: of the demand right now? You're saying that it's much
- 19:29Speaker 1: greater than what's happening with gold. Where is the window
- 19:34Speaker 1: that we see either parabolic moves or possibly a pullback.
- 19:39Speaker 1: What's kind of the forecast here for silver?
- 19:43Speaker 3: Yeah?
- 19:43Speaker 4: So for me, like I said, it's the Russian Central Bank.
- 19:46Speaker 4: They've already reaffirmed their commitment, like I said, five hundred
- 19:50Speaker 4: and thirty five million dollars that they're putting on the
- 19:52Speaker 4: table to start stacking silver. We're going to get clarity
- 19:55Speaker 4: about that. Like I said, I think it's December seventeenth
- 19:58Speaker 4: or nineteenth.
- 20:00Speaker 3: That could be a.
- 20:01Speaker 4: Massive bullish catalyst for silver, because that's going to be
- 20:04Speaker 4: the first time a central bank is really adding silver
- 20:07Speaker 4: to their reserves. If that can create game theory, a
- 20:10Speaker 4: chain reaction, and then everybody around the world starts doing it,
- 20:13Speaker 4: then it's just a massive race is on and we're
- 20:16Speaker 4: just going to see that there just isn't there isn't
- 20:18Speaker 4: the supply to meet this insatiable hunger, this insatiable demand
- 20:23Speaker 4: for silver. And together with tokenization, that's really the next
- 20:27Speaker 4: step because that's what gives the accessibility and we're going
- 20:30Speaker 4: to start seeing that more.
- 20:32Speaker 3: And we just need eyeballs on this, people to see
- 20:34Speaker 3: and to understand it.
- 20:35Speaker 4: And then, like I've said enough times, hedge against inflation,
- 20:39Speaker 4: rotating profits and things like this, because people understand, now
- 20:42Speaker 4: if you're rotating your profits into the dollar, then you know,
- 20:46Speaker 4: just due to inflation and so forth, purchasing power, you're
- 20:49Speaker 4: just actually you're losing money.
- 20:51Speaker 1: Okay, those are the key. So you're saying, keep an
- 20:53Speaker 1: eye on central banks. Is there anything else that would
- 20:55Speaker 1: be a catalyst for this to grow in the near term?
- 21:00Speaker 1: We saw with this hoax on the CME and what
- 21:02Speaker 1: was going on over the weekend.
- 21:04Speaker 4: Yeah, if we see more manipulation like this JP Morgan
- 21:07Speaker 4: for example, you know, moving their gold around on the client.
- 21:10Speaker 4: If we see more things like this, this is of
- 21:12Speaker 4: course it's bearership creates fud in the market and people
- 21:15Speaker 4: start to panic. But when they panic, we see that
- 21:18Speaker 4: people fly to safety. So where you're going to rotate
- 21:21Speaker 4: your silver profits too? Okay, people could sell look to
- 21:24Speaker 4: you know, buy in a dip, but ultimately where you're
- 21:28Speaker 4: going to put your profits.
- 21:30Speaker 1: I'm going to track the Nation States because obviously we
- 21:33Speaker 1: had the move States Maloney, who of course is trying
- 21:37Speaker 1: to get control of her three hundred billion. This is
- 21:39Speaker 1: Italy's prime minister. There are a billion gold reserves, and
- 21:42Speaker 1: that would be interesting because this is the EU. It
- 21:44Speaker 1: starts to change things up dramatically in the EU if
- 21:47Speaker 1: we start to see control out of the ecb as
- 21:49Speaker 1: for some of these precious metals, especially calling delivery on
- 21:53Speaker 1: some of these things. So silver could play into this
- 21:56Speaker 1: whole situation that we're seeing, not only within the EU,
- 21:59Speaker 1: but as you mentioned, possibly even into some of the
- 22:02Speaker 1: other countries that are holding silver as one of the
- 22:05Speaker 1: key assets for their fund. So we're going to keep
- 22:08Speaker 1: a close eye on this. First of all, thanks so
- 22:10Speaker 1: much for coming in. We appreciate it. Good luck to
- 22:12Speaker 1: what you guys are doing over at Dinario.
- 22:15Speaker 3: Thank you very much.
- 22:15Speaker 4: Paul, hope you'll go through register, please get your own
- 22:18Speaker 4: referrable code.
- 22:19Speaker 3: More than happy for you guys to be with us.
- 22:21Speaker 1: Thank you, all right, excellent, all right, you guys know
- 22:23Speaker 1: what to do. If you're not in our own private group,
- 22:26Speaker 1: make sure and jump in on that. It's the bear
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- 22:32Speaker 1: there on X at Paul Baron. We'll catch you next
- 22:34Speaker 1: time right here on The Paul Baron Show.