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🔴 ALERT! 🔴 THIS Silver "Dark Horse" Can CHANGE Everything · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

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  25% of the world's mined silver every year. 25% is used for this
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  silver jewelry. I had no idea.
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  Do you like silver jewelry? Well, after you watch this
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  video, you very well may because it could lead to skyrocketing
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  prices for physical silver. Let's go out to the Silver
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  Institute and take a look at what they're showing us in
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  regards to demand for physical silver for the jewelry industry.
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  We'll get on the right screen here.
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  Here we go, guys. OK, this is a recent report from
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  the Silver Institute that shows us in no uncertain terms just
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  how crazy the situation is becoming.
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  So this is supply in 2024, OK, the mining sector provided 823
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  million ounces of silver. If we go down here to demand and
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  we find jewelry, I had no idea this number was so huge.
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  Starting in 2015, we had about 202 million oz, OK.
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  This is all measured in millions of Oz, but if we go all the way
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  over to 2024, we see it still maintains a level above
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  200,000,200 and 11,000,000 ounces of silver.
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  More than 25% were demanded just for jewelry alone.
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  Now there's something astounding about this and that has to do
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  with the growing popularity, and I can sense it and I'm going to
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  give you some more information on that here in a little bit.
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  The demand for silver, popularity of silver is on the
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  rise. This piece that I showed you,
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  right? This came to me from my friend
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  Bullion Betty. You know what?
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  While we're out here, we'll just go take a look at her Etsy page.
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  She's not paying me to show you this, but this came from Bullion
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  Betty's and it's absolutely beautiful.
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  This piece that I'm going to show you right about now, this
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  is a 1 oz silver coin. OK, I added this.
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  Beautiful sterling silver necklace to it.
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  But I'll tell you from everyone that I'm talking to and from
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  what I'm observing, the demand for silver jewelry is increasing
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  and I had I mean really no clue that 1/4 of all the silver mined
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  every year is already being used in jewelry.
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  If we see a major uptick in demand for silver jewelry, it
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  could create a, you know, it could create or could accentuate
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  what is already the massive silver deficit that we have
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  right now. Not only is it, are we looking
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  at demand from jewelry, but we have all these other, other
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  components of demand listed right here.
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  Jewelry is a part of it, OK, but but a not, not necessarily right
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  Industrial demand during that same period from 2000, what was
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  that 2015 through 2024 rose from 457,000,000 ounces to 710
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  million oz, that's in total, OK. So we have that number which
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  continues to increase. We know, right?
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  Solar panels, electronics, batteries, new solid-state
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  battery technology is providing robust demand for silver.
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  But if on top of that we get a new source of growing demand
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  from jewelry that could, that could really upset the Apple Car
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  cuz we already have the silver deficit for the last four years.
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  The world's already consuming more silver than it's producing.
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  And on top of that, what if this lackluster demand from investors
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  in the West just goes back to normal?
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  We've had below average demand in the West for silver from an
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  investment perspective. What if people actually start
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  buying in mass 5 oz 10 oz kilo silver bars, right?
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  American Silver Eagles, all that.
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  Again, this could easily upset the apple cart.
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  While we're on that subject, I want to say thank you to channel
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  sponsor First Mint, OK? They are part of First Majestic
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  Silver. So First Mint has a very unique
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  proposition. OK, they have a silver mint in
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  Las Vegas, NV, but they get their silver from the Mexican
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  silver mines that First Majestic runs in Mexico.
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  So the silver goes from the mine to the mint to you.
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  I think that's very unique in the silver bullion sector.
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  Where else can you buy silver that you know is fresh right out
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  of the ground, but even more importantly has been free from
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  the hands of the traders at the COMEX and the LBMA?
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  But most importantly, first mints producing really world
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  class silver bullion products. This is their Buffalo round.
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  I've been showcasing this this week.
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  Look at that absolutely beautiful piece of silver.
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  However, the other side is what I love the most, right?
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  This beautiful American Indian image on the back that is just
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  absolutely stunning and isn't silver.
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  Silver is just I love it. I absolutely love it.
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  I can imagine this right in in this necklace.
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  Maybe at some point I'll get one right because I love that Indian
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  Head right. There's a nice piece of silver
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  jewelry nonetheless. Check out first meant I'll run
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  you out to their website here real quickly and there's their
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  year of the dragon round. It's beautiful.
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  I'll be showing you that in the coming weeks.
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  There's their bars, they have a 5 ounce, A10 oz and a kilo bar
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  that you can buy. There's the Buffalo round that I
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  just showed you and the year of the snake round.
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  These are unique products to first met.
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  You can check them out. They have free shipping on
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  orders over $199. They have a discount code,
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  VIPRB, very important, Ron's basement, VIPRB, a great
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  service, great selection. It's a company you can trust,
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  right? This is owned by First Majestic
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  Silver, headed up by Keith Neumeyer, who's one of the most
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  respected names in the precious metal sector.
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  But let's get back to this idea that demand for silver jewelry
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  is doing well. I want to bring you to an
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  article, another one from the Silver Institute.
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  And let's make this a little bigger so you can see it a
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  little better. There we go, the Silver
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  Institute. This is hot off the presses
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  recently shared this silver shines and delivers strong
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  result results for US Jewelers. Remember guys, we're talking
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  about 25% of the demand for all the silver that was mined last
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  year. So silver jewelry, silver
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  jewelry has the highest margins compared to other product
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  precious metals, according to a recent survey in blue.
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  With global silver jewelry consumption on the rise, the
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  Silver Institute commissioned a survey of US jewelry retailers
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  to gauge their view of the silver jewelry market in 2024.
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  The survey showed that silver jewelry sales continued to
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  deliver results for US jewelry retailers, with 53% reporting
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  marginally marginally increased sales over the last survey which
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  studied the 2022 market. So here in green silver
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  experienced the best maintained margins for the holiday season.
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  As we can see in 2024 silver jewelry accounted for 61% as
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  opposed to 38% in 2002 thousand 22.
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  A lot of that came from decreases in bridal jewelry.
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  Also, big decreases went from 18% in 2022 to 5% for gold
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  jewelry, probably because gold jewelry is becoming
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  prohibitively expensive. 71% of the retailer said they increased
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  their silver jewelry inventory in 2024 by an average of 15%.
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  This represents a 10% growth over the last survey.
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  Retailer said their jewelry sales as a percentage of their
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  overall jewelry sales average 31% of unit volume.
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  In 2022, that was only 28%. The average store growth for
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  silver jewelry sales was 20% in 2024, verse 14% in 2022.
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  Why are people buying silver jewelry?
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  80% report affordability, Design options.
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  It's a precious metal. Versatility, better
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  craftsmanship, Can look dressy or casual, multiple pieces can
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  be worn together, easier to match with white gold or
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  platinum, and it makes a great keepsake.
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  I would say It also, I might say makes a good investment too.
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  According to the retailer survey, the age groups buying
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  the most silver jewelry are 20 to 40, followed by 41 to 50.
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  So younger people are buying silver jewelry, but 92% of
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  retailers say they're optimistic that silver jewelry sales will
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  continue to grow for the next several years.
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  Silver jewelry offers the consumer many options at a price
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  point that is friendly to the wallet.
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  Interest in big and bold silver jewelry with increasingly
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  stylish designs is leading many consumers to choose silver
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  jewelry. That's from Michael Derren
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  Derienzo, President and CEO of the Silver Institute.
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  Guys, we're talking about one in four oz, one out of every 4 oz
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  that the mining industry produces of silver every year.
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  One in four right now is going into silver jewelry.
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  We know there's a huge growing demand in the industrial sector,
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  but if silver jewelry takes off and I'm I'll just tell you right
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  now, I have a gut feeling that it will and that it is and that
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  it will become more and more popular.
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  More and more people are loving, are loving silver jewelry,
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  right? And you can't blame them.
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  This stuff is just absolutely beautiful.
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  That's a one ounce coin, right? Matched with this beautiful
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  silver chain. And when I hold it in my hand,
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  OK, it feels real, it feels robust, it feels heavy.
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  And on top of that, it's just absolutely beautiful.
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  I've, I've always been partial to silver as my favorite
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  precious metal. I love the way silver looks.
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  I love the way it feels. I love the fact that you decided
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  to come join me here in the basement today, right?
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  Basement dwellers, we'd love to talk about silver, gold,
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  precious metals, the economy. You are the most important part.
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  Please subscribe to the channel, give this video a thumbs up, but
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  most importantly, be well and please come back right.
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  How'd you get in my basement? You're always welcome to come
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  visit with me on the videos in the basement.
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  You belong, you're part of the group.
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  Have a great day. It's going to be interesting to
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  see what happens with silver. You know my prediction, $60.00
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  silver by April Fool's Day 2026. And if everybody's buying silver
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  jewelry for Christmas 2025, that could very well become a
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  reality. Take care and I'll see you soon.