Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **Silver Price** Here's the FACTS! 🔥🔥 (Gold News Update too)

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**Silver Price** Here's the FACTS! 🔥🔥 (Gold News Update too) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:02
  Buckle up silver and gold investors, you aren't going to
• 0:05
  believe the massive stories that we had to talk about today.
• 0:09
  We are on the road to much, much higher prices for gold and
• 0:13
  silver and provide you with a multitude of examples.
• 0:18
  They're going to indicate to us that we are still very early and
• 0:22
  it can be a multi year, possibly decade or longer bull market for
• 0:27
  both gold and silver and the precious metal mining stocks For
• 0:31
  that reason, Most important, thank you for being here.
• 0:33
  Please subscribe to the channel, give the video a thumbs up, turn
• 0:37
  on the little bell, hit the little bell notifier so you get
• 0:41
  notified every time we go live. I want you to come back and join
• 0:44
  us here in the basement. We love to talk about this
• 0:47
  exciting, exciting world of precious metals that we're
• 0:51
  entering into. And Speaking of which, let's get
• 0:53
  started and let's do it together right now.
• 0:55
  We're going to go out and take a look at a update chart price.
• 1:00
  Hold on here. There we go of the silver price.
• 1:03
  Can you believe this? We're now looking at the March
• 1:08
  of 2026 silver futures price. But guys, let's get the crayons
• 1:15
  out because we got a lot to talk about when we look at this
• 1:18
  chart. So this is the hold on here.
• 1:22
  Here we go. This is the let me get rid of
• 1:25
  that. Hold on, hold on.
• 1:31
  OK, Now we're looking at the March of 2026 silver price.
• 1:36
  And do you believe what we're seeing, $57 per oz?
• 1:41
  Look back one year ago, we were just above 30s.
• 1:46
  So those of you who were priced at $57 per oz.
• 1:50
  But there's some very, very interesting things for us to
• 1:53
  consider right now when we focus in on silver.
• 1:58
  Number one, everybody out there, everybody, OK, even the new
• 2:02
  people that have been converted from being sheeple, right,
• 2:07
  Everybody that owns silver is basically in the green right
• 2:11
  now. So everybody's feeling good
• 2:13
  about their investment in silver.
• 2:15
  The other thing to consider is there's nobody out there because
• 2:19
  of that that is waiting for a certain price to sell.
• 2:22
  Anyone who said, I'm going to wait till silver hits $34 an
• 2:27
  ounce, I'm going to wait till silver hits $48 an ounce, they
• 2:30
  already sold, right? And when we look at that chart
• 2:33
  that we just looked at, we saw a steady progressive increase in
• 2:37
  the price of silver over the last year.
• 2:40
  This is not a spike, OK? Everybody who wanted to sell has
• 2:44
  sold. I was talking with Jake from
• 2:46
  Jake's Custom Parts this morning and we talked about how there
• 2:49
  was a lot of silver at the coin shops and that's a small segment
• 2:53
  of the overall silver market. But none the less, on the retail
• 2:56
  side, anybody who wanted to sell, I think most of them have
• 3:00
  sold. And now think about the strong
• 3:02
  base of silver holders that we have right now.
• 3:06
  And as we sit today, look, there's no guarantees about
• 3:09
  what's going to happen in the future, but everybody's feeling
• 3:12
  pretty darn good about their ounces of silver that they own.
• 3:17
  And even in the overall larger scale institutional investment
• 3:22
  side, they're feeling good about it too.
• 3:24
  And to reiterate one more time, so important, like the reason
• 3:29
  why we talk about this is because when there's a spike in
• 3:33
  the price of anything, right, when there's a spike up, there's
• 3:37
  usually a spike down. But with silver, we did not have
• 3:41
  a spike over the last year. It was a slow gradual with
• 3:45
  several consolidations that occurred.
• 3:48
  It's looking good. What about, oh gosh, I got to
• 3:50
  tell you guys, we got to talk about a lot about China, the
• 3:53
  Chicago Mercantile Exchange, we're at.
• 3:55
  Robert Kiyosaki piped up again. Right, The rich dad, poor dad
• 3:59
  guy. And we're going to talk about an
• 4:01
  analyst who's pointing out that we could realistically see
• 4:05
  $350.00 silver. I think we could see Infinity
• 4:08
  silver. Nonetheless, let's get started
• 4:12
  with a great piece from Jesse Colombo in the Bubble Bubble
• 4:16
  Report. We're going to talk about the
• 4:18
  reasons why he's now pointing towards $72 silver, and I think
• 4:22
  he's saying it's going to happen for us relatively quickly.
• 4:25
  Are you ready? He says this.
• 4:30
  OK, yes, OK. Jesse Columbo, one of that
• 4:34
  bubble bubble report, one of the top analysts out there.
• 4:37
  He's got a sub stack. You can subscribe to it.
• 4:39
  I think he's got a special going on right now.
• 4:41
  Anyway, Silver broke out decisively from.
• 4:45
  We're going to look at the chart from its ascending triangle
• 4:47
  pattern today. That means it's about to surge
• 4:52
  to $72 fairly quickly. Check out my my now unlocked
• 4:57
  1120 report in the comments below.
• 4:59
  You can go back and read that on your own.
• 5:01
  This is the chart that he's pulling up and what he's talking
• 5:04
  about, which is very interesting.
• 5:07
  And there's something else on this chart that I want to show
• 5:09
  you. Is this right?
• 5:11
  The ascending triangle, that means a going upward triangle.
• 5:16
  And if you look at these two blue lines signs, right, they
• 5:19
  form a triangle and anything that gets compressed within a
• 5:24
  triangle eventually breaks out either to the downside.
• 5:29
  But we're going to erase that because we didn't break out to
• 5:32
  the downside. No, we broke out to the upside.
• 5:36
  I hope that makes sense to you. As you see is time goes by which
• 5:40
  is on this axis down here. I think that's the X axis.
• 5:45
  Eventually it's got to break out one way or the other and we
• 5:48
  broke out to the upside. Now something else that's on
• 5:51
  this on this chart that most people aren't talking about, but
• 5:55
  I think it's very important, right?
• 5:57
  We know there's a 45 year cup cup in hand all right, that
• 6:03
  usually breaks out to the upside.
• 6:04
  One of the most closely followed technical, but that looks like
• 6:08
  something else. But anyway, that's supposed to
• 6:10
  be a cup and handle. Pardon my drawing there.
• 6:14
  I'm going to get rid of that real quickly.
• 6:16
  OK, What we can see is going back to what mid-october about
• 6:21
  right here through today right here, almost December.
• 6:26
  We got a little miniature cup and handle.
• 6:28
  See that there's the cup, there's the handle and what
• 6:34
  happened from there, right? We are breaking out now again,
• 6:39
  guys, nothing is going to go straight up forever.
• 6:41
  We could get more consolidate. We will get we will get more
• 6:44
  consolidations, we will get more pull backs.
• 6:47
  However, right, Everything from a technical chart analysis
• 6:51
  perspective as far as I can see it and as far as what the top
• 6:54
  analysts are saying looks very, very positive for silver, not to
• 6:59
  mention the fact that the mines aren't keeping up with demand.
• 7:02
  We know all about that, all the big fundamental factors.
• 7:05
  The supply of silver isn't keeping up with demand, right?
• 7:10
  You know that. I know that the sheeple, they're
• 7:15
  going to wake up to it real soon.
• 7:16
  I made you the sheeple several times today.
• 7:19
  And on top of that, right, the demand is going through the
• 7:24
  roof, right? And we just talked about this
• 7:27
  the other day. Here's a few examples for you.
• 7:29
  These new architectural window coatings that reflect sunlight,
• 7:32
  silver, new solid-state batteries for cars that last
• 7:37
  twice as long as the current electric car batteries that
• 7:40
  weigh half as much, that charge twice as fast.
• 7:43
  I don't know. They don't they don't catch on
• 7:45
  fire is easy. They got a lot of silver in
• 7:47
  them. Everything is silver.
• 7:49
  Everything is silver. OK, but let's just take it this
• 7:53
  get ready, right? Check your size, hold on to your
• 7:56
  socks because we're going to knock your socks off with this
• 7:58
  next one. And don't forget guys, we got we
• 8:00
  are just getting started. We got a lot more to cover here,
• 8:04
  but here's some price information for silver.
• 8:08
  OK, silver price currently at an all time high.
• 8:13
  Make sure we got this. There we go All right now you
• 8:15
  can see it 2007. So we're going to adjust the
• 8:19
  price based on the government's CPI.
• 8:22
  All right, I'm sorry, $207.00 per oz if we adjust it to the to
• 8:29
  the quote UN quote government CPI.
• 8:32
  But this is where it gets interesting.
• 8:34
  And this is where I think what really shows if we choose to
• 8:38
  value right or to price our ounces of silver in U.S. dollars
• 8:43
  based upon the increase in the M2 money supply.
• 8:46
  And he's most likely comparing this to the 1980 high.
• 8:50
  None the less, we would have $668 per oz silver.
• 8:55
  And this comes from gold silver HQ on X.
• 8:58
  Now this is the shocking one, $1700 silver.
• 9:03
  If we use the real inflation adjusted number to get this
• 9:08
  number today, if we used what shadow stats or the old CPI
• 9:12
  calculation. It's incredible guys.
• 9:14
  I mean, I know, I understand. I don't know how you feel about
• 9:18
  this. A lot of people feel like, oh,
• 9:21
  you talk about $100 silver, you talk about two hundred $300
• 9:25
  silver. Think back one year ago today
• 9:27
  when silver was what, 3435? Maybe an ounce tops.
• 9:32
  And we'd said then we would have had predicted that in one year
• 9:35
  we'd be talking about the current silver price, which is
• 9:39
  $57 per oz. That would wake a few of those
• 9:41
  people up. So to think that it can't go
• 9:45
  much higher even into the thousands, right, I know look,
• 9:49
  every Fiat money system ever created, any paper make believe
• 9:53
  money system ever created in the history of the world, right, You
• 9:58
  and me know this has failed and there have been hundreds if not
• 10:01
  thousands of them when that saying right, a favorite in the
• 10:04
  golden. So she's got piles of different
• 10:06
  paper currencies. Think about confederate.
• 10:09
  I was looking up confederate doll confederate money on eBay,
• 10:12
  right. It's worthless except for its
• 10:15
  collector value, but you can't use it.
• 10:17
  You can't take Confederate dollars and go to 711 and buy
• 10:20
  yourself a box of Twinkies. It just doesn't work.
• 10:23
  OK, so to think that the that the silver price can't go to any
• 10:27
  number, I think is a huge, huge mistake.
• 10:30
  All right, we got news out of China.
• 10:31
  We got news about the CME and Robert Kiyosaki.
• 10:34
  We're going to get to all that. Before I do that, I want to say
• 10:36
  thank you to channel sponsor First Mint.
• 10:40
  They're a mint, a silver mint located in Las Vegas, NV in the
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  Okay, They get their silver from the company that owns them,
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  This one here, right? This is the year of the snake
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  I mean, this I think in person even looks better than the
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  It never gets touched by the Comex or the LBMA.
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• 12:17
  Let's talk about the Chinese. Are there things going on in the
• 12:20
  Chinese silver market? Yes, right.
• 12:23
  The Chinese silver market is the most physical market in the
• 12:27
  world. But get a load of this breaking
• 12:30
  news story. This is big, and this is
• 12:32
  something that we're going to want to pay attention to anytime
• 12:36
  Eric Yong speaks. That's King Kong 9888-ON X
• 12:41
  everyone listens because he has the inside scoop on what is
• 12:44
  going on in China, where financial analyst with
• 12:47
  connections to the Shanghai Gold Exchange and Shanghai Futures
• 12:50
  Exchange Ctas, which are the commodity trading advisors have
• 12:54
  confirmed my report earlier from unnamed Chinese source.
• 12:59
  He's giving us a lot more detail.
• 13:00
  The videos dubbed in English. We're going to watch a little
• 13:03
  bit of the video, but this is what Eric had said earlier.
• 13:07
  Hold on here, OK, he said. And I just got news from in
• 13:11
  China that the Shanghai Futures Exchange, someone closed a huge
• 13:16
  short position almost 3 to 4% above the silver futures Friday
• 13:21
  closing price. They know what's coming.
• 13:25
  Now let's let's listen to what this Chinese man has to say.
• 13:31
  See if I can get him to to speak for us.
• 13:33
  It's about a minute long, but it this may be worth listening to
• 13:36
  the entire thing. Here we go.
• 13:38
  Now we lack physical silver with no inventory left to replenish.
• 13:42
  We lack physical silver with no inventory left to replenish.
• 13:47
  Last night two other things are worth noting. 1 was the Huyin
• 13:49
  2512 contract where at 153 AMA huge 156 lot short covering
• 13:54
  trade occurred. Transaction took place at one
• 13:57
  thing 789 a 9.9% increase. The amount of information here
• 14:01
  is enormous. Time wise, last night was the
• 14:03
  first trading day for the Hui in 2512 contract delivery month.
• 14:07
  In terms of trading direction, sure that previously open short
• 14:10
  positions either didn't have or didn't want physical delivery,
• 14:13
  so they were forced to close out.
• 14:15
  In terms of trading volume, 156 lots was yesterday's largest
• 14:18
  single trade, equivalent to 2.34 tons of silver.
• 14:22
  In terms of price, 13789 was an instant 9.9% gain, while
• 14:26
  yesterday's close was only 5 point O 7%.
• 14:29
  You could I would say this was a bulls fat finger error, but is
• 14:32
  it possible the long side is willing to buy up short
• 14:34
  positions at such a high price? Accepting all comers this signal
• 14:38
  is very clear. Is this a short squeeze now?
• 14:42
  Squeeze. OK, so that's from China.
• 14:44
  What about in the United States? What about if the Chicago
• 14:48
  Mercantile Exchange, the CME, the futures market, the COMEX,
• 14:53
  are they, are they experiencing some issues?
• 14:55
  This is very, very interesting and very, very scary for them or
• 15:01
  for people who are trading on that platform because we get
• 15:04
  this news and this comes from Homes of Serenade, the COMEX
• 15:11
  Silver Shock. OK, 12.5 million oz leave
• 15:16
  registered in one day. I'm going to explain to you what
• 15:19
  registered means. This is on the paper market.
• 15:23
  This is on the futures market, right?
• 15:25
  This is on the COMEX where they're trading Fantasy Island
• 15:29
  silver, right? The plane, the plane.
• 15:31
  Look, boss, there's the silver. If you remember Fantasy Island
• 15:34
  from the 1980s, the latest CME report from November 26th, 2025
• 15:39
  revealed one of the most most significant single day moves in
• 15:44
  recent COMEX Silver history. It's getting crazy.
• 15:48
  Over 12.5 million oz or 8.3% of all registered silver were
• 15:55
  removed from the inventory category that backs the futures
• 15:59
  contract. Remember.
• 16:01
  OK, well let me let me go further to understand the scale.
• 16:04
  Registered inventory is the pool of metal available for futures
• 16:08
  delivery. This is the fraction of the
• 16:11
  paper market that's back. This is the real silver.
• 16:14
  It's just a fraction of the paper market and it's getting
• 16:18
  drained. When ounces are transferred to
• 16:20
  eligible, they no longer support the paper market.
• 16:25
  They become private property off limits for contract settlement.
• 16:30
  So the registered inventory guys is going way, way, way, way
• 16:34
  down. But remember this, it was
• 16:36
  already just a fraction. So the registered inventory is
• 16:40
  this little fraction that supports all the paper futures
• 16:44
  contracts. And that little registered
• 16:46
  inventory just got littler, unfortunately.
• 16:52
  OK, now the way to think about this, the way to think about
• 16:56
  this, the best analogy I've ever come up with.
• 16:58
  You can help me out. I hopefully let me know if this
• 17:00
  makes sense to you. But if you think about it like
• 17:03
  Walmart and Walmart's got their big distribution center and
• 17:07
  let's say they have 10,000 boxes of Twinkies at the distribution
• 17:11
  center. But on all their individual
• 17:13
  store websites, when you combine them all, they show that they
• 17:18
  have, I don't know, instead of 10, they only have 10,000 at
• 17:21
  their warehouse. But at all their individual
• 17:23
  stores, when you combine them all together, they show they
• 17:26
  have a million Twinkies available, right?
• 17:30
  Because they know not everybody's going to buy them
• 17:32
  and want those Twinkies at once. OK, But but if everybody were,
• 17:37
  if there was a Twinkie mania that broke out, wanted all those
• 17:40
  Twinkies, Walmart would have to have to say, sorry guys, we
• 17:44
  don't actually have them. We don't actually have the all
• 17:46
  those Twinkies that we said we did at all our stores.
• 17:48
  And that's exactly what is going on.
• 17:51
  Well, close anyway to what's going on with the CME with the
• 17:55
  registered inventory. The registered inventory is the
• 17:58
  amount of metal that can be used to settle those contracts.
• 18:02
  Like we looked at earlier. Right now, if you go to CNBC,
• 18:05
  you're looking at the March 2026 silver contract, but it's a
• 18:09
  small fraction that registered inventory of the actual number
• 18:14
  of contracts that are written. What's it that means levered up?
• 18:17
  I hear all kinds of numbers, but at least by 100, I'm confident
• 18:21
  in saying, correct me if I'm wrong.
• 18:23
  So the fact that that little registered inventory is
• 18:26
  shrinking. There's big things going on
• 18:29
  between the paper market and the physical market, and the
• 18:31
  physical market is winning. We just heard from China now.
• 18:35
  We just heard what's going on at the CME.
• 18:38
  And what did Robert do? You want to get rich in silver?
• 18:40
  Let's listen to what Robert Kiyosaki said.
• 18:43
  We'll do that next. But I do want to say thank you.
• 18:45
  Look, I'm able to do these live streams.
• 18:48
  We don't charge anything. All I ever ask of you is that
• 18:50
  you subscribe to the channel, give the video, thumbs up, all
• 18:53
  that great stuff. So thank you for doing that.
• 18:55
  Thank you for being down here. But we also have sponsors.
• 18:59
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  right, the gold's in the ground, they're going through the
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  development stage, but it's big gold deposits in the ground in
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  it's like owning gold that's in the safest place in the world,
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  buried in the ground. And on top of that, the big
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  mining companies, the big producing mining companies are
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  going to be looking to replenish their pipelines, right?
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  The every time a big miner mines an ounce of gold out of the
• 19:51
  ground, they got to, they got to think about the future in new
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  jurisdiction. And these big miners are also
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  going to be looking to grow because now they're basically
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  the big mining companies are printing money.
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  So you can learn more about first mining gold at
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  firstmininggold.com. Remember.
• 20:09
  I'm not a financial advisor. Always do your own research.
• 20:14
  And thank you. First, mining gold for the
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  sponsorship. Robert Kiyosaki.
• 20:18
  Do you want to get rich? This is rich Dad.
• 20:20
  Poor Dad. He's a rich man.
• 20:22
  So we'll listen to what he says. Do you like Robert Kiyosaki?
• 20:26
  But listen. Listen to what he's telling us
• 20:28
  about silver right now. He said the the Japan carry
• 20:33
  trade is dead. Yeah, we've been hearing a lot
• 20:37
  about that lately. That was the fact that Japan had
• 20:40
  basically 0% interest rates forever.
• 20:43
  It is sending some quakes through the market, he said.
• 20:46
  Watch out below bubble markets about to deflate in yellow.
• 20:50
  Standing by my mantra buy gold, silver, Bitcoin and Ethereum.
• 20:55
  More recommendations on how to get rich while the world
• 21:00
  collapses will follow in in future tweets.
• 21:03
  Yes, you can get richer while the world gets poorer.
• 21:08
  And when we talk about the prospects for silver in
• 21:11
  particular and what it can do, especially relative to gold, and
• 21:17
  we're going to look at that, that's the other thing.
• 21:19
  We're going to look at 3. Don't worry, we're still going
• 21:22
  to talk about $350.00 silver. Maybe we can get rich.
• 21:26
  Like I never really thought about getting rich off silver,
• 21:30
  but we hear stories, good pieces of evidence from history in
• 21:35
  history. It doesn't always, it's not
• 21:36
  going to repeat itself exactly, but history does have a a
• 21:40
  history. History has a history of
• 21:46
  repeating itself or rhyming at minimum, right.
• 21:49
  And back during previous times in history, people were buying
• 21:52
  houses with 100 ounces of silver.
• 21:55
  Look, I'm not, you know, don't make any financial decisions
• 21:58
  based on what a guy in Saint Louis is saying.
• 22:01
  But that's not out of the question in the future.
• 22:05
  There are some people out there, I've heard, Rafi Farber, we've
• 22:07
  talked about this in the past as well.
• 22:09
  But we could get to a point right where you could buy a
• 22:13
  house. I mean, heck, if I could buy
• 22:14
  another house for 1000 ounces of silver, I'd be happy.
• 22:17
  Scrappy, I'd have a room for you.
• 22:20
  We'd have dual basements. Anyway, more big news.
• 22:23
  We are going to talk about the 300.
• 22:26
  Gosh, we got a lot more to talk about.
• 22:28
  OK, let's talk about silver. Bro, this is this.
• 22:32
  Hold on to your wait a minute, it's a sock alert.
• 22:36
  Hold on to your socks because your socks are about ready to
• 22:38
  get knocked off. Let's go over here.
• 22:41
  Look at this, and this is all as far as I know, based on fact OK
• 22:45
  in 1980, you remember 1980, I was 10 years old.
• 22:49
  I was more interested in BMX bikes and I used to love to
• 22:53
  watch Fantasy Island deplane deplane.
• 22:56
  Little did I know that we'd be in an environment of Fantasy
• 22:59
  Island Silver pricing with the Comex and the LBMA.
• 23:03
  But I digress because in 1880 the Dow was at 850 OK $850, and
• 23:11
  the price of silver was 50 OK. Now Fast forward today, the Dow
• 23:16
  was at 47,716. Silver would have to hit 2806
• 23:25
  dollars to reach the same ratio of 17 to one.
• 23:30
  Let me highlight that for you in blue.
• 23:33
  OK, $2800 silver. If we just went back to the
• 23:40
  ratio, which is a historical fact of what we had in 1980,
• 23:46
  right when it was at what? What do you say, 17?
• 23:48
  Yeah, 17 to one. That is absolutely crazy.
• 23:52
  In 1980, a house was about average house.
• 23:56
  A house was about $55,000. Today a house is 450,000 silver
• 24:02
  would have to reach 409 using that ratio, right, to reach the
• 24:07
  same ratio of OK, right. So guys, these are the facts.
• 24:13
  Again, when we talk about incredible, incredible silver
• 24:16
  prices, this is not out of the question.
• 24:20
  What's next? We got so much more, the gold to
• 24:22
  silver ratio. This is big news, breaking news.
• 24:26
  I should have started the show with this.
• 24:28
  Wow, we got 1300 people here. This is incredible.
• 24:31
  You know what that means, guys? This is a record number of
• 24:34
  people on Iran's basement live stream and I've been doing these
• 24:37
  for four years. That means more people.
• 24:40
  Well, it means I'm I maybe I'm, I don't think I've gotten better
• 24:43
  looking and I certain certainly haven't gotten funnier or
• 24:46
  smarter. But nonetheless, what it does
• 24:48
  mean, what you mean being here right now, is that we've got
• 24:52
  record numbers of people starting to pay attention to
• 24:55
  Precious. Uh oh, I just knocked the sign
• 24:58
  over. Hold on a second.
• 24:59
  Oh no, they're going to get mad at me.
• 25:00
  I knocked my sponsor sign. Don't forget to check out first
• 25:06
  man. I got a wooden parrot holding it
• 25:09
  up. Oh boy.
• 25:12
  You never know what's going to happen on a live stream.
• 25:15
  Nonetheless, we've got a record number of people in silver.
• 25:18
  More people are coming to the silver lifeboat.
• 25:20
  More people, more. Wait a minute.
• 25:24
  I just thought about something. We might have some sheep
• 25:28
  converts, new people, The sheeple, we call them the
• 25:31
  sheeple in a very nice way. It's not putting anybody down.
• 25:35
  But most people don't know about gold and silver.
• 25:37
  The fact that we've got 1300 of you on here right now, a record
• 25:41
  for Ron's basement, that represents the fact that the
• 25:44
  world is waking up to silver. The world's waking up now.
• 25:47
  Breaking news. Sorry, I went on there.
• 25:50
  I do appreciate you being here, down here in the basement with
• 25:52
  me, the cold, dark, lonely place without you.
• 25:55
  Breaking news. OK, this is massive.
• 25:59
  We're going to look at 2 pieces of information because we are
• 26:03
  breaking out on a very, very important chart.
• 26:07
  This is from our friend Rashad Hajijev.
• 26:11
  I really love what he puts out. It says the gold to silver
• 26:13
  ratios. 14 years support officially and legitimately
• 26:19
  broken. OK, so those of you who don't
• 26:21
  know, let me look at you real quick.
• 26:22
  Then we're going to look at this on from two different
• 26:25
  perspectives, one of which tells us about $350.00 silver.
• 26:33
  I know you like the the sound of that, but for those of you who
• 26:36
  may be new, the gold to silver ratio measures how many ounces
• 26:40
  of this beautiful metal silver you need to get one ounce of
• 26:46
  gold, and it got in the size 100 as of late, but it's breaking
• 26:49
  down. The lower that ratio goes, the
• 26:52
  lower it goes. That means relatively
• 26:54
  comparatively speaking, the higher the silver price is with
• 26:58
  gold, but gold's not going down. Gold's going up, but the ratio
• 27:03
  is going down in this, right when we look at this chart shows
• 27:08
  it very clearly. But on the next piece that I'm
• 27:11
  going to show you is what? There's some shocking,
• 27:13
  interesting information, but there we go, breaking down.
• 27:17
  OK, let's just go to the next piece because I love this.
• 27:21
  And this comes from our friend Oren.
• 27:23
  Look, I'd highly recommend you follow him, Oren Elbaz, the
• 27:27
  silver Hermit. He also has the silver Hermit
• 27:30
  YouTube channel. I think he's right now is one of
• 27:34
  the big up and coming. And also I think underrated
• 27:37
  analyst, very smart guy, very good guy.
• 27:38
  I've talked to him several times over the years, but it says it's
• 27:42
  not every day. OK, this is his post.
• 27:45
  This is great. It's not every day that you see
• 27:47
  a trend line that held for almost 15 years breakdown.
• 27:51
  And remember, the lower the gold to silver ratio goes, the better
• 27:56
  that is for silver. And we love gold too.
• 27:59
  And we're rooting for gold to keep going higher because that
• 28:01
  drags this even higher and higher as the ratio comes down.
• 28:05
  The gold to silver ratio, which was stubbornly high in recent
• 28:08
  years, finally broke down. In my view, this means that the
• 28:11
  rally and precious metals has only just begun because that's
• 28:15
  another reason why we're paying attention to this during big
• 28:19
  precious metals rallies, the gold to silver ratio will be
• 28:22
  going down. But the crazy thing is in red,
• 28:25
  OK, subtracting the amplitude of this monstrous, monstrous
• 28:30
  Pennant that started in 2020. So what he's talking about is
• 28:35
  that, right? The Pennant formation that you
• 28:38
  can see on that chart below the blue lines, which is roughly 66
• 28:43
  from the breakdown level of 78, gives us a target of 12.
• 28:48
  That's 12, OK, That's right, 12. That's what he said too.
• 28:52
  Like in ancient times, guys, the gold to silver ratio at times
• 28:57
  throughout history has been 12 and I think even lower.
• 29:00
  OK, when silver circulated as money.
• 29:05
  Whoa whoa. When silver circulated as money
• 29:08
  and was properly appreciated by the public.
• 29:11
  With gold trading right now at 4218 an ounce, such a ratio
• 29:17
  today would give us a price of silver of over.
• 29:22
  Oh, I underestimated over $350.00 per oz.
• 29:27
  But of course, by the time the ratio reaches such a value, the
• 29:32
  price of gold itself will be much higher.
• 29:35
  And so there's no telling how high the price of silver may go.
• 29:41
  Let's look at his chart here, right?
• 29:44
  And he put the old celebrating emoji on there.
• 29:46
  And again, like we looked at from Rashad earlier, this is the
• 29:52
  breakdown. OK, this bottom line, the X axis
• 29:56
  is time. OK, this is the ratio.
• 30:00
  But the lower this ratio goes, that means the lower the number
• 30:05
  of Oz of silver you need to get yourself one ounce of gold.
• 30:09
  Hey, it's almost the holidays or it is the holidays officially,
• 30:12
  right? That the old gold bear there's
• 30:14
  got a Santa hat on. Please don't forget about this.
• 30:17
  I think it's a great gift idea. This is the new Dirty Man Safe.
• 30:22
  They're calling it the crypto edition.
• 30:23
  Some people call it the micro edition, but I've worked with
• 30:26
  Dirty Man Safe for a long time. Don't forget behind me, right,
• 30:29
  you see that right there? It says Ron 10.
• 30:31
  You can get a 10% discount on a Dirty Man safe.
• 30:34
  They got a number of different sizes.
• 30:36
  This is actually their small size.
• 30:39
  OK, this one here is the micro or the crypto edition.
• 30:43
  I'm going to show you that. But here's the smaller side.
• 30:45
  Don't forget Ron 10 or there's a link in the description of the
• 30:49
  video, but this is their newest product.
• 30:51
  I think it's like 100 and 2000 and $30.00, but you'll get a 10%
• 30:56
  discount. You dig a hole.
• 30:58
  OK, let me pull the safe out. You put this sleeve down in the
• 31:02
  hole in your yard. This is what the pirates did to
• 31:05
  protect their treasure from flood, fire, everything under
• 31:09
  the sun. Maybe you have a safe, maybe you
• 31:10
  have a safety deposit box. Maybe you hide valuable things
• 31:14
  in your wall. I don't know, empty soda cans,
• 31:16
  whatever. But the pirates have proven that
• 31:20
  burying things in the ground works very well.
• 31:22
  Also, this is again, their smallest one.
• 31:25
  I love little things. And you open up the bottom of
• 31:28
  it. These are so cool.
• 31:31
  You put your valuable in there. Here we go.
• 31:34
  Hold on. Oh, look what I have in this
• 31:36
  one. Look, just as an example, this 5
• 31:41
  oz silver bar fit in there very nicely from channel sponsor
• 31:48
  first met. What do you know Anyhow, super
• 31:54
  robust product. I'm always super impressed with
• 31:56
  the quality of The Dirty Man saves when I order them.
• 32:00
  You screw this on, it's like airtight, watertight.
• 32:03
  Remember, this is underground. So imagine we're underground
• 32:06
  right now. You drop this down in there.
• 32:08
  Everything about this is quality.
• 32:10
  In first class, you got a handle there.
• 32:12
  You put this cap on top, don't forget we're underground right
• 32:16
  now. And then you fill in some earth
• 32:18
  on top of it and very critical that you remember where you hit
• 32:21
  it. OK.
• 32:22
  And then whatever. I mean, you can put keys in
• 32:23
  there. You could put, you could
• 32:24
  probably put about, I don't know.
• 32:26
  I would imagine $100,000 worth of gold if you wanted to.
• 32:30
  Nonetheless, none of my business.
• 32:31
  Don't tell me or anyone. Yeah, if you get a dirty man
• 32:34
  safe and where you hide it. But it's a cool product and
• 32:37
  could be a great gift idea for a stacker you may know and love.
• 32:40
  Hey, I know and love you. Thank you for being here.
• 32:42
  We're in for some great times with the precious medals.
• 32:45
  OK, Enjoy the rest of your weekend.
• 32:47
  Thanks to all of you, really. Seriously, it's so much fun to
• 32:50
  be down here. It's a great community of people
• 32:52
  in the medals. Have a great rest of your day
• 32:55
  and I'll see you. Hold on.
• 32:57
  Yes, you next time. Thank you.
• 33:00
  Don't forget to subscribe. Bye.
• 33:01
  Bye.