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Unveiling the Precious Metals Paradigm Shift: What's Changing in the World of Gold and Silver? · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

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  $45,000 gold, $5000 silver Lately we've heard some
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  outrageous claims about where the precious metals prices could
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  be heading, but I want to ask you a question.
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  Is there something weird going on out there?
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  We're going to dig into recent activity within the silver and
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  gold sector and uncover a couple factors which I think will
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  indicate to us that there's some strange things going on right
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  now in the world of gold and silver.
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  All of this is going on without a crisis.
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  We're going to dig into that as well.
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  We're going to think about, we're going to put some pieces
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  together that more are going to make us give us some clarity on
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  the precious metal sector, but also give us some optimism about
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  why we hold silver, gold and platinum.
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  Wherever you are joining me from today, thank you for being here.
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  You're a basement dweller. Congratulations for the next
• 1:09
  little bit of time. You're in the basement.
• 1:12
  We call ourselves Basement Dwellers.
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  I'm glad you are here. You are the most important part
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  of Ron's basement. You're the most important part
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  of a lot of things. So give yourself a little pat on
• 1:22
  the back. And if you want to do something
• 1:24
  nice, give this a thumbs up. That helps us get the word out
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  to more and more people. $45,000 gold, $5000 silver.
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  I know, preposterous. But remember, if the dollar
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  crashes, nothing is off the table.
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  But what the heck is going on? Let's try to let's try to do a
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  little looking at the forest through the trees Right now.
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  We can look at all the little individual stories that do
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  impact the silver price and gold price, but let's talk about the
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  big picture because there's some weird things going on right now.
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  Have you noticed that Okay number one, coin shops and
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  online bullion dealers are experiencing big sales increases
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  right now? I want you to think about that
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  because I will tell you this is a fact that is unusual behavior
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  during a period where the price gets smashed down.
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  If you're looking to buy gold, silver, or platinum, do yourself
• 2:24
  a favor and check out PIM Becks, the online precious metals
• 2:27
  bullion dealer and sponsor of Rons Basement.
• 2:31
  I was a happy customer before they offered to support the
• 2:34
  channel. You'll find they have the best
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  prices, quality and service. I think Pembex is best and you
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  will too. And be sure to tell him that
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  you're from Ron's basement. We've had a price smash right in
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  the last week, week and a half. Two weeks in silver and gold.
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  Especially in silver. I know I feel your pain, right,
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  but the Here's the fact Rick Rule has said this.
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  I've heard all the top people. I've talked to people at the big
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  online bullion dealers. I've talked to the local coin
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  shop. Typically when there's a price
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  match, retail investors, individual investors, do the
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  exact opposite of what they should do when the price goes
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  down. They sell their silver, sell
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  their gold, they get scared. They think it's going to zero
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  and they sell. That has been the pattern for
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  decades, guys. Something's different, right?
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  Now put on your something different pants okay change
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  because it's changed now just recently when we're seeing this
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  beat down and it's the only way we can say it in the silver
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  pricing, gold price. I talked to the guys at Pinbex,
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  their sales are up, up, up, Okay.
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  I've talked to coin shop. Chris, he'll tell you at his
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  shop, sales the last week have been going a little crazy.
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  Everywhere you look, people on the West Coast, people on the
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  East Coast are saying sales are going crazy right now.
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  That is different and that's a big deal.
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  We can move into a new paradigm for the silver and gold market.
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  It absolutely can happen. Retail investors flocking to
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  coin shops, right we're we're hearing about cabinets at the
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  local coin shops being pretty barren right now.
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  This is going on, all this weirdness.
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  But we're not in a crisis. There's no quote, there's no
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  official crisis. This is going on with what I
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  would call the eye of a hurricane type environment.
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  We're seeing demand for metals skyrocket.
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  Bizarre behavior in the price, but it's all happening when at
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  the same time everything's calm. Just ask Janet Yellen or Jerome
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  Powell from the United States Federal Reserve.
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  The economy is strong. Ask Joe Biden, He'll tell you
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  Bidenomics is working. We'd like to thank our sponsor.
• 5:03
  First, Mining Gold. They're a Canadian Gold
• 5:06
  developer with two world class projects in Canada.
• 5:11
  They also have a handful of other projects.
• 5:14
  When you total up all the gold in their resources, it comes to
• 5:19
  over 12 million oz. They're worth checking out.
• 5:23
  I'll put a link to the company's website in the description
• 5:26
  below. But all this weirdness, guys,
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  think about it. Take a step back, OK, We got to
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  look at the big picture. You're a deep thinker.
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  I know you. You're a basement dweller.
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  We're deep underground right now.
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  We're we're figure, we're putting the pieces together.
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  All this weirdness is going on, and it's happening in an
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  environment where there is no big official crisis.
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  Imagine. Imagine if we have another
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  banking crisis. It gets exposed because we do
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  have a banking crisis right now. But if it officially becomes
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  exposed, what do you think is going to happen for the price of
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  the precious metals in an environment like that?
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  The interesting article last night says that a majority of
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  Americans distrust the system. Do you distrust the system?
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  I do, OK, I I I. My.
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  Unfortunately, the the, the, the the recent decades with the
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  leaders have taught me is to distrust the system.
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  But a majority of Americans distrust the system.
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  Now add that into the fray. Crazy behavior in the precious
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  metals markets we know well. We already covered that.
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  OK, there's no official crisis right now.
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  And at the same time, you have Americans who are increasingly
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  saying they distrust the system. Is that why people are heading
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  to Costco? Everyday, average people, they
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  trust Costco to buy ounces of gold.
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  Think about the big picture of what's going on and what we
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  could be hit with in the future. It's a scary, scary scenario.
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  It's horrible what they've done to precious metals.
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  You know, we know the price manipulation, we know all that
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  stuff that goes on. But we got to keep in in within
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  our minds, within our context, the big picture of what is
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  happening out there. Again, no wonder.
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  I mean, I think we are moving into a new paradigm for silver,
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  gold and platinum and it's just starting to percolate right now.
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  It's like when you turn on a Crockpot, it's just starting to
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  heat up in that we could be in for a long period of very
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  supportive environment for the silver price and gold price.