Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **WILD Gold & Silver Price** You Best PAY ATTENTION to This 🎯 (COMEX + News Update)

Transcript

**WILD Gold & Silver Price** You Best PAY ATTENTION to This 🎯 (COMEX + News Update) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  Congratulations, silver and gold Stackers.
• 0:05
  It looks like we are moving into a historic period of time.
• 0:09
  We are moving into a historic period of time.
• 0:11
  We have a ton of information to cover today.
• 0:14
  Let's get started right off the bat with the COMEX.
• 0:17
  I could not believe this information that I learned about
• 0:20
  the Comex. We're going to start there, but
• 0:22
  like I said, we have a lot to cover in this video.
• 0:27
  This came from Bob the Bullion who said sometimes a picture is
• 0:34
  worth 1000 words. Unbelievable data from the COMEX
• 0:37
  Silver 2025, a record-breaking year in motion. 2025 deliveries
• 0:45
  have already broken the all time annual record with nearly four
• 0:51
  months still to go. That means that the silver, the
• 0:53
  electronic silver futures that's actually being delivered on the
• 0:57
  COMEX has already broken an all time record and guys were only
• 1:03
  2/3 of the way through the year. Every month, January through
• 1:07
  September of 2025 has delivered 1.5 times more silver than the
• 1:15
  same month did in 2024. Next, two of the all time top
• 1:22
  three delivery months happened in 2025 March and may #1 remains
• 1:29
  July of 2020, which was during the C-19 supply chain shock.
• 1:34
  The LBMA free float is tight. Comex is bracing for record
• 1:38
  delivery demands. So what we're hearing about the
• 1:41
  COMEX and the LBMA are some very interesting developments.
• 1:45
  That relationship between them, the EFP, which stands for
• 1:50
  exchange for physical, that's the difference between, excuse
• 1:55
  me, the New York futures price and the LBMA spot price is going
• 2:00
  crazy. Some people say there could be a
• 2:02
  short squeeze coming on, but I want to point out that according
• 2:06
  to the recent data that I've been able to find, the COMEX
• 2:09
  actually has a pretty big inventory of silver right now.
• 2:15
  But could that be because they're expecting massive more
• 2:17
  deliveries? I don't know.
• 2:18
  So what we do know is there is craziness unfolding right now in
• 2:23
  the precious metals markets in particular with silver and
• 2:27
  quickly will run out just to just to make sure nothing
• 2:29
  changed and see that on Friday, John.
• 2:34
  You've got a big super. Chat, Oh wow.
• 2:37
  Get it when you get a chat from from Debbie.
• 2:40
  Thank, thank, thank you Susie. Thank you Debbie for that big
• 2:43
  super chat. Wow, $50.
• 2:46
  I will celebrate today here in the Branstad house.
• 2:49
  Thank you very much, Debbie. The silver market traded on
• 2:53
  Friday almost about 375,000,000 paper oz, maybe a little half,
• 2:58
  but nonetheless, guys, this paper market appears to be
• 3:02
  coming to an end. We know it has a lot to do with
• 3:05
  going with what's going on in the Eastern countries, China,
• 3:08
  India, Russia. The world is changing, the
• 3:11
  monetary system is changing. Let's go take a look at the
• 3:15
  price update because that will be, I think should be very fun
• 3:19
  for us to look at today. Let's refresh this.
• 3:21
  We're out at CNBC and we're going to look at the gold and
• 3:25
  silver price. That's not it should be green
• 3:28
  when it comes up here. There we go wow Silver in the
• 3:33
  futures market, $41.05 up $0.85 per oz.
• 3:40
  I know that the spot price had also breached through 40 dollar,
• 3:45
  $40 per oz. This is Monday, this is Labor
• 3:48
  Day in the US, but the metals markets are open and trading all
• 3:53
  around the world. Let's go back and take a quick
• 3:55
  look at gold guys. Wow, This is very interesting
• 4:00
  developments here over the course of this year.
• 4:03
  But there's gold up almost $30 per oz in the futures market,
• 4:08
  well above 3500, trading right at 3545.
• 4:13
  Can you believe we sat down here, basement dwellers, I'm
• 4:18
  going to say it. I'm going to say it.
• 4:20
  Every time we sat down here, we paid our dues, right?
• 4:23
  We were, we were dreaming about getting the gold price above
• 4:27
  2500, right? What it feels like just what, 18
• 4:31
  months ago it was a dream. And now, and now we have the
• 4:36
  gold price above $3500. And there is more to come.
• 4:41
  But let's talk about what's significant about what happened
• 4:44
  on Friday with the silver price, because we have confirmation
• 4:48
  what we talked about potentially being the case.
• 4:50
  And this is very bullish as we move forward with silver.
• 4:55
  This came from Stevie AG the silver breakout on a monthly
• 5:00
  chart is the real deal. So Friday was the month end for
• 5:03
  August guys banksters have trained have trained hedge funds
• 5:07
  sell every breakout but not this time.
• 5:09
  This chart can't be sold the highest monthly close for the
• 5:14
  silver price ever. Every tech fund is going to buy
• 5:17
  this shorts are forced to cover explosive.
• 5:21
  But what we want to look at on this chart, right, is that now
• 5:24
  on a monthly basis, according to Stevie, according to our friend
• 5:29
  Stevie TV, we're going to draw this with yellow because we
• 5:31
  cannot do this too much, guys, right?
• 5:34
  Going back to 1980, all right? And that's a Candlestick chart,
• 5:39
  all right? And this is a monthly, monthly
• 5:41
  close. As you can see in 1980, we
• 5:43
  closed right there. We went all the way down form
• 5:45
  that massive cup in 2011. We closed right there.
• 5:50
  Then we formed a big handle from 2011 through today and on a
• 5:56
  monthly basis, as you can see right here, we broke above.
• 6:00
  This is the cup and handle pattern.
• 6:02
  This is the most reliable chart pattern in the history of the
• 6:06
  universe. And the longer the period of
• 6:07
  time that the cup and handle forms over, the more reliable
• 6:10
  and powerful the breakout will be.
• 6:12
  And we love cup and handles. We're going to have to get some
• 6:15
  cup and handle coffee mugs printed up.
• 6:18
  Guys, what do you say? Now, one more thing, and I may
• 6:21
  have misspoke on this the other day, but there are some cup.
• 6:25
  I mean, you can kind of look here.
• 6:26
  Hold on, let's do this one more time.
• 6:29
  There's more. There's more in this chart, OK.
• 6:33
  Some people say there's more cup and handles within the chart,
• 6:37
  right, which is what we're kind of breaking out of right now,
• 6:40
  But even also so that there's cup and handle within the cup
• 6:44
  and handle. But on top of that, and I
• 6:47
  believe it's right here, it's kind of hard to see there's an
• 6:49
  inverse head and shoulder. So imagine like a guy standing
• 6:55
  on his head with that being the baseline that we've broken out
• 6:59
  as well. Wherever we look at it from a
• 7:01
  technical perspective, I think it's safe to say that we have
• 7:04
  never been. When we look at the charts,
• 7:07
  right? When we look at TA and there's a
• 7:08
  lot more that goes into it than that, right?
• 7:10
  Like the silver deficit, all the, you can't cover all this
• 7:13
  stuff in one live stream. I apologize.
• 7:16
  But from a technical perspective, I think it's safe
• 7:19
  to say that silver isn't is in better shape.
• 7:22
  I don't know if there's anything else out there in the world
• 7:25
  that's in better shape than silver right now.
• 7:27
  We know that gold is also in very good shape.
• 7:30
  And I want to take this opportunity, though, to mention
• 7:32
  to you, if you want to get your hands on some silver right,
• 7:36
  please there, that's the Las Vegas round from First Mint.
• 7:40
  First Mint is a sponsor of Ron's basement gold and silver
• 7:43
  content. First Mint is owned by First
• 7:46
  Majestic Silver, the massive silver mining company headed up
• 7:50
  by Keith Neumeyer. So they mine the silver in
• 7:54
  Mexico. The freshest silver you can get,
• 7:57
  right? Just harvested right out of the
• 7:59
  ground. They shipped the silver from
• 8:02
  Mexico to their mint First Mint in Las Vegas, NV, where it's
• 8:06
  transformed into world class silver bullion products.
• 8:10
  And then it goes straight to you remember that comex operation we
• 8:14
  talked about at the beginning of this live stream?
• 8:16
  They don't touch it right? The the paper make believe right
• 8:20
  sparkly silver, the the, the, the electronic, whatever you
• 8:25
  want to call it. They never get their hands on
• 8:27
  any of the silver that comes from firstment.
• 8:30
  These are all unique products. Again, that's their Las Vegas
• 8:33
  round. They got other rounds.
• 8:35
  They've got the year of the dragon year of the snake.
• 8:38
  They have a Buffalo round, they have bars, they have great
• 8:41
  prices, they have great selection, they have great
• 8:44
  service. It's a company you can trust,
• 8:46
  right? Headed up, owned by First
• 8:48
  Majestic Silver, Keith Neumeyer. You probably know that name if
• 8:52
  you've been in silver for a while.
• 8:54
  And there's a special discount code DIPRB.
• 8:57
  All right, let's move on. All right, Stevie, OK Oh, are
• 9:02
  you? I didn't even tease you with
• 9:03
  this. And we got more to talk about.
• 9:04
  We got things going on, big major news stories, big events,
• 9:10
  big facts happening right now in the precious metals market that
• 9:13
  we're going to touch on as we go deeper into this live stream.
• 9:16
  There's a lot for us to cover. It's like too much happening at
• 9:20
  one time. But where do you rank?
• 9:23
  Do you ever wonder, like when you think about the rest of the
• 9:25
  world, like the amount of silver that you have, where you rank
• 9:29
  with other people in the world? This is super interesting.
• 9:33
  You're going to find out right now where you rank.
• 9:37
  This came from traditional money.
• 9:38
  OK, and it's a chart and here we go.
• 9:44
  I got to share the right screen, which I did.
• 9:46
  Now you're looking at it. This is from traditional money.
• 9:50
  A silver you need to own to be in the top percentages.
• 9:54
  So if we go down to the bottom, OK, if you want to be in the top
• 9:58
  10% of people in the world, you need to own 50 ounces of silver.
• 10:04
  If you want to be in the top 5% in the world, you need to own
• 10:09
  just 150 ounces of silver. If you want to be in the top 1%,
• 10:15
  right? You want to be able to 1
• 10:16
  percenter when it comes to silver, you need to own 500
• 10:21
  ounces of silver. Where do you fit on this?
• 10:24
  And if you want to be in the top .1%, OK, point 1%, which would
• 10:30
  be what, one in 1000 people in the world, you need to own 5000
• 10:36
  ounces of silver, which if my math is correct, it $40 per oz
• 10:41
  silver would be about $200,000 worth of silver.
• 10:44
  But there's a big reason why I find this very interesting.
• 10:48
  If we go down here to the bottom, guys, look, if you want
• 10:52
  to be in the top 5% of people, you need to own 150 ounces of
• 10:58
  silver. What that tells me is that
• 11:00
  silver is not owned on a very dispersed level like the
• 11:06
  district District, easy for Ronnie to say distributed level
• 11:12
  that silver owners, right? If, if only if to be in the top
• 11:15
  5%, you only have to own 150 ounces of silver.
• 11:19
  And maybe that sounds like a lot to you.
• 11:20
  So I didn't want to make that sound like only because for some
• 11:24
  people that's a lot of silver. But still, that's not what is
• 11:27
  that? What's 40 * 150?
• 11:30
  Oh boy, hold on, I'll do that. I should be able to do that in
• 11:33
  my head. But for some reason when I'm
• 11:35
  live, I cannot do math in my head.
• 11:37
  Hold on here, 4040 * 150 that's not working. 40 * 150 that's
• 11:48
  $6000 worth of silver. People don't own silver.
• 11:53
  That's the important take away in this.
• 11:55
  But, but, and we're going to talk about this more later,
• 11:59
  right? That's actually a good thing
• 12:00
  that works in our favor, that hardly anybody out there owns
• 12:04
  physical silver. We do.
• 12:06
  We live in an echo chamber. So we think everybody owns
• 12:09
  silver, but the reality is hardly anybody owns silver.
• 12:12
  So when these other people do start coming in, it will be like
• 12:16
  trying to drain Hoover Dam with a garden hose.
• 12:18
  The floodgates will open. I'm warning you, warning,
• 12:22
  warning. There will not be silver at your
• 12:25
  local coin shop. OK, I've been through it.
• 12:28
  I've been in this for decades. I've been to my big local coin
• 12:31
  shop here in Saint Louis called Scotsman several times.
• 12:35
  You walk in, there's big glass cases full of silver.
• 12:39
  It probably is the case there even today, right now.
• 12:41
  But I walked in there several times over the last 20 years
• 12:45
  when the cases were empty. And it wasn't just them, it was
• 12:47
  all the coin shops, the amount of silver available for the
• 12:51
  retail investing public, we think it's huge, but it's just a
• 12:55
  sliver of the overall silver market.
• 12:58
  So be prepared. I'm not telling you, I'm not a
• 13:00
  financial advisor, don't make any financial decisions based on
• 13:03
  what I'm saying, but but I can tell you as a fact, right, the,
• 13:08
  the, the supply of silver available to the retail public
• 13:11
  can be very, very, very sensitive.
• 13:15
  And with what's developing right now, I don't have a crystal
• 13:18
  ball, but I could do you believe that I, I can foresee here in
• 13:22
  the next couple of months us getting back into one of those
• 13:25
  environments where it's hard to get physical silver.
• 13:27
  Do you remember, gosh, this is crazy How, how, how much it can
• 13:32
  change. Do you remember?
• 13:34
  What was it just like 2 years ago when if you wanted to get do
• 13:37
  I have an American Silver Eagle? Well anyway, make believe this
• 13:41
  is an American Silver Eagle, which it's not.
• 13:43
  But if you wanted to get your hands on an American Silver
• 13:46
  Eagle, the spot price of silver at the time was what like 20 or
• 13:50
  $25 and people were paying 40 and $50 each.
• 13:55
  OK, it can change guys and it can change very, very, very
• 13:58
  quickly. What about 300?
• 14:00
  I didn't need I got we got so much more to talk about.
• 14:03
  OK, but what about 3? When?
• 14:06
  You get a chance. I have a question.
• 14:09
  From the community. OK, OK, Susie has a question and
• 14:12
  thank you again, Debbie, for that super chat.
• 14:14
  Hold on here. I think I can pull it up.
• 14:16
  I want to recognize this. Super nice, never super
• 14:20
  expected, but super, super nice. OK, there it is.
• 14:23
  OK, And Susie, everybody say hi to upstairs.
• 14:26
  Susie, that's the wife, that's silver Susie.
• 14:28
  She loves her silver. Susie, you said there's a
• 14:31
  question from the community over, I guess.
• 14:35
  You know, you might be getting to it or you might not, but
• 14:38
  someone wanted to know if if there was a rate cut in
• 14:42
  September from Jerome Powell, how would that affect gold and
• 14:45
  silver potentially over? Thank you for the question,
• 14:52
  Susie. That's very insightful and I
• 14:56
  will address that immediately. Thank you over OK, I talked
• 15:01
  about this couple days ago. Here's what I think is going to
• 15:03
  happen and and today it's happening.
• 15:06
  We'll see how it plays out. It's always by the rumor sell
• 15:10
  the news OK, meaning I think that we're going to move up and
• 15:14
  up and up. I actually have a note for
• 15:16
  myself a week from this Wednesday to look at maybe
• 15:19
  trimming some of the mining stocks that I own.
• 15:22
  I've never sold an ounce of silver or gold.
• 15:24
  It's too expensive. I love silver right.
• 15:28
  I don't keep it here at the house, but I I love my silver.
• 15:31
  I love seeing it. And in 20 years I can look you
• 15:33
  in the eye and tell you I've only bought silver.
• 15:37
  Mining stocks are a different story.
• 15:39
  I can trim whatever. If I think to answer your
• 15:43
  question, right, yes, I believe that on September 17th will be
• 15:47
  the day that we get the announcement from this guy.
• 15:51
  You guys want to see him There He is Jerome Powell in the
• 15:55
  Federal Reserve. That's when we'll get the next
• 15:58
  decision on monetary, monetary policy, interest rates.
• 16:01
  I think here's what I think that the price of gold and silver
• 16:05
  will go up and up and up maybe until like Friday of next week.
• 16:09
  That would be a week from this Friday and then that we could
• 16:12
  see a bit of a pull back after they start cutting rates.
• 16:16
  Things move. Silver and gold are some of the
• 16:18
  oldest. You may not realize this.
• 16:21
  Silver and gold are some of the oldest markets in the world.
• 16:25
  I used to say they're the oldest markets in the world, but then
• 16:28
  somebody sent me this long mean e-mail telling me the fish
• 16:31
  market is older. So besides the fish market, the
• 16:35
  market for gold and silver are the oldest.
• 16:37
  That means they're wiser. What comes with age?
• 16:39
  I don't. How old are you?
• 16:40
  I'm 55. I feel a lot of wiser at 55 than
• 16:45
  I certainly did at 25. When you get older, you get
• 16:48
  aged. So the gold and silver market
• 16:49
  look out into the future. They don't just look around the
• 16:53
  corner, they look around two corners.
• 16:55
  So it's not unreasonable and I think a little more likely than
• 16:59
  not that maybe the day or two right before and then after we
• 17:05
  might get a little pullback in gold and silver.
• 17:07
  But wait, because I got good news for you, that's not going
• 17:11
  to slow down the overall rally in the precious metals.
• 17:14
  I believe that silver in particular, where is he?
• 17:18
  Right there, $85 on the silver bear that we're heading towards
• 17:22
  prices and silver within the next 12 to 18 months that we
• 17:26
  can't even imagine right now. So remember, nothing goes
• 17:30
  straight up, up, up, up, but down, a little bit up, up, up,
• 17:34
  down, a little bit, up, up, up. And there's no guarantee that it
• 17:37
  will continue up, up, up, although I feel more convicted
• 17:41
  that it will with silver in particular and gold than I ever
• 17:45
  have in my life. OK, well, we're not well here.
• 17:47
  You want to hear about $300 silver, there's a guy out there
• 17:52
  who's publicly saying let's see here.
• 17:54
  Thank you again, Debbie for that super chat that we are headed
• 17:57
  towards $300 silver and it's very interesting why?
• 18:00
  So let's take a look at his post, but also his chart that
• 18:06
  makes a little bit of sense and maybe makes a lot of big $300
• 18:10
  per oz silver cents. This came came from the great
• 18:13
  Marthas silver, $300 minimum. Oh my gosh, is this guy must be
• 18:19
  a silver pumper. A break above the ceiling in
• 18:23
  coming years will drive prices far beyond $300.
• 18:27
  And this is how he shows that. This is a long term chart of
• 18:31
  silver going all the way back. I think that says 19-O2.
• 18:36
  OK. And as you can see, he's drawn A
• 18:38
  trend line from here to the high that we hit in 1980, OK, there's
• 18:45
  the 19, eighty, $50 here, just for reference, is the 2011 $50.
• 18:52
  And don't forget that's a cup and handle.
• 18:54
  But I'm going to erase that. Hold on here.
• 18:57
  Cup, handle, boom. OK, so we start out 19-O2.
• 19:00
  That was the high. We go to 1980, we had $50.
• 19:06
  And what he's drawing is this trend line between those and
• 19:10
  projecting as we go into what the next probably 5 or so years
• 19:15
  that we could easily get up to this level, which is going to
• 19:19
  put us at, could you imagine not 3, not $30.00 an ounce silver,
• 19:24
  that sound like a good deal, just like what within the last
• 19:27
  two or three years? No, we're going to add a zero
• 19:30
  and we're going to make that $300 silver.
• 19:36
  Thank you, the great Martis, for that one.
• 19:38
  The other thing that caught my attention recently was a post
• 19:42
  from a guy named Marin Catoosa, who I don't, you don't.
• 19:47
  I used to follow him really closely and I didn't seem to
• 19:51
  hear much from him lately, but he put this out just the other
• 19:55
  day, which I thought was interesting to see him pop up.
• 19:58
  He said buckle up, Silver just did something it hasn't done in
• 20:03
  14 years. This monthly close is one for
• 20:07
  the generation. All right, We got a lot more to
• 20:09
  talk about. Three more big things that we
• 20:11
  want to talk about when it comes to what is happening in the gold
• 20:15
  and silver markets. But I would like to take this
• 20:18
  opportunity to say thank you to channel sponsor First Mining
• 20:22
  Gold. There are gold development
• 20:24
  stage. Company in Canada I've owned the
• 20:26
  stock for years years before they sponsored my channel OK, I
• 20:30
  always eat my own cooking guys all right I also work with
• 20:33
  Ledger and moon pay right also companies that I use myself and
• 20:38
  work with but back to first mining gold first mining gold
• 20:42
  has two massive multi million ounce gold development stage
• 20:46
  projects in Canada. I'm going to tell you why that's
• 20:49
  important here in a second but they have the spring pull
• 20:51
  project in Ontario in du parquet in Quebec.
• 20:54
  These are projects the gold it's already been drilled, it's been
• 20:58
  defined, there's millions of Oz of gold in the ground.
• 21:02
  But both of those projects are working through the development
• 21:04
  stage, the permitting phase, right, the catalyst rich
• 21:08
  environment. But there's a reason why that's
• 21:11
  so important. The big, big mining companies
• 21:14
  over the last decade plus have been focused on cutting their
• 21:19
  debt down. They haven't in in a nutshell,
• 21:22
  right, because the metals prices were lower and they had a lot of
• 21:25
  debt they had to service and get rid of.
• 21:27
  They didn't invest in their future pipeline.
• 21:30
  They didn't go out and explore and develop a future pipeline to
• 21:34
  replace the ounces of gold that they're now feverishly pulling
• 21:38
  out of the ground. So there's a very limited number
• 21:41
  of big development stage projects.
• 21:43
  But wait, there's more because there's even fewer in very
• 21:47
  favorable geographic locations like Canada.
• 21:51
  First Mining Gold has both of those big projects in Canada to
• 21:55
  the bigger development stage projects going right now.
• 21:58
  You can learn more about them at firstmininggold.com or you can
• 22:01
  even reach out to probably the best investor relations person
• 22:06
  in the business, paul.morrispaul@firstmininggold.com.
• 22:11
  All right, back to silver. Interesting point came out to us
• 22:16
  this morning from Rafi Farber. Rafi has his in game investor
• 22:23
  sub stack. You can check it out here.
• 22:25
  This was in the free section, but the big news here is that
• 22:29
  silver, not only did it tag its 2011 highs, but Rafi pointed out
• 22:35
  it's also hit highs. Relative.
• 22:38
  I didn't hit 2011 highs. I apologize.
• 22:41
  The ratio of the silver to commodities ratio hit 2011
• 22:47
  highs, and that's before the rate cuts start.
• 22:49
  That's just a silver. That's the gold chart.
• 22:53
  This is the one we're going to look at.
• 22:54
  This is silver to the CRB index and the CRB stands for the
• 22:59
  Commodity Research Bureau. So this compares the price of
• 23:03
  silver to the price of commodities, OK, like oil,
• 23:07
  wheat, not hard assets. And as you can see, OK, we just
• 23:12
  tagged where we hit back in 2011.
• 23:15
  Interestingly, that's when silver on a nominal basis hit
• 23:19
  $50 per oz. Now you might be seeing this
• 23:21
  spike up here that happened during the the C 19 pandemic.
• 23:27
  That's probably the result. Remember when oil, the price of
• 23:31
  a barrel of oil actually temporarily went negative?
• 23:34
  OK, so that's really an anomaly when you're looking at long term
• 23:38
  data. What happened during those
• 23:40
  couple months during C-19, really it does need to be a
• 23:44
  thrown out in most cases. So the fact that the silver to
• 23:49
  CRB index is up this high is another very, very bullish
• 23:54
  signal for the precious metals, in particular for silver.
• 23:58
  Here's some fun, see if I can get this to pull up.
• 24:03
  And here we go. This came from make go.
• 24:05
  Great again. Did you bring a towel?
• 24:08
  That's the 2025 silver squeeze and down here, well, let's pull
• 24:15
  up the whole thing. This is great.
• 24:17
  It's a tsunami. The 2025 silver squeeze compared
• 24:22
  to the Hunt brothers. Silver squeezed on their blow.
• 24:25
  Why can't you guys see that, I wonder?
• 24:27
  Hold on here, hold on. You couldn't see that, could
• 24:31
  you? Uh oh, Oh, boy.
• 24:33
  Hold on, guys. I'm back.
• 24:35
  I'm back. Don't leave, don't leave.
• 24:36
  I'm going to pull that up again. Hold on one second.
• 24:40
  We're live and we're having technical problems, but let me
• 24:47
  go back here. Let's pull this up.
• 24:49
  OK? This is what we want to be
• 24:51
  looking at. And there we go.
• 24:57
  Hopefully you can see me and hear me.
• 24:58
  Hello. Hello.
• 24:59
  Maybe Susie, if she's watching, can let me know.
• 25:01
  I'm going to pull this up. Full screen.
• 25:04
  Here we go. Yeah, there we are.
• 25:05
  OK. 2025 silver squeeze. Right, the mask.
• 25:08
  See. I see the unsettled.
• 25:10
  Service squeeze. Yep.
• 25:11
  OK. Thank you, Susie.
• 25:13
  Thank you, sweetheart. A 2025 silver squeeze compared
• 25:17
  to the Hunt Brothers silver squeeze, which was the one that
• 25:20
  happened back in 1980. And we had one more I wanted to
• 25:25
  share with you. Hold on here guys, there it is.
• 25:28
  All right, this came from Peter Spina, another one of the top
• 25:31
  analyst in the precious metal sector.
• 25:33
  Something we can't forget about when we're talking about
• 25:35
  specifically the silver price. The silver price over $40.00 an
• 25:40
  ounce and the gold to silver ratio is still at a laughable 86
• 25:45
  ounces of silver to get one ounce of gold, right, guys,
• 25:50
  think about that. Think about that.
• 25:51
  If you're a silver and I love gold, OK, But we are still in a
• 25:55
  situation here, OK, I use this as a paperweight.
• 26:01
  That's that's a tube of American Silver Eagles.
• 26:04
  There's twenty of them in here. Are you going to trade four of
• 26:08
  these plus another 4 tubes of American Silver Eagles, plus
• 26:12
  another 5 ounces to get one ounce of gold?
• 26:16
  Some of you will, and that's great.
• 26:18
  You know, you know, gold, I love gold and gold's done awesome.
• 26:23
  But I historically speaking, that ratio is closer to 50 to 1.
• 26:28
  I mean, what, what does that make?
• 26:30
  Hold on, I'll get the calculator out here.
• 26:33
  Right now we're at 86 to 186 ounces of silver to get one
• 26:36
  ounce of gold. It's absolutely ridiculous.
• 26:39
  If we're at, let's say, $3500 gold and we divide that by 50,
• 26:44
  that would be $70 silver today just to get it back to that 50
• 26:49
  to 150. Would you?
• 26:50
  I mean, look, would you trade two of these and a half of
• 26:56
  another 1-2 of these and 10 more American Silver Eagles to get
• 27:01
  one ounce of gold? I mean it look, you know, maybe
• 27:04
  that's why I've always bought silver.
• 27:08
  Some people say I'm frugal, which is a nice way to say a
• 27:11
  tight wad, or I'm resourceful, I like to say without talking to.
• 27:16
  Me. Over okay, I won't that Susie
• 27:19
  chiming in. I need to talk to her one more
• 27:20
  time here before we go. So it's very, I think the
• 27:23
  biggest thing though, the biggest advantage that we have
• 27:27
  right now being silver investors and gold investors, and I'm
• 27:31
  going to tell you the reason why, is the number of the few
• 27:35
  people that are now invested in the metals still.
• 27:39
  I believe, you know, if this is a nine inning baseball game,
• 27:42
  we're in like maybe the second inning.
• 27:45
  But the big advantage that we have guys, and we'll make it
• 27:49
  real simple. Let's say 1% of the people in
• 27:52
  the United States are actively buying silver and gold, 1%.
• 27:57
  And that might be, that might be a little low, a little high, but
• 28:02
  it's probably pretty darn close, actually probably pretty
• 28:04
  conservative. Think about this.
• 28:07
  Think about this. If that number goes from 1% to
• 28:11
  2%, that double s the number of people.
• 28:15
  If that number goes from 1% to 5%, that goes up 5X.
• 28:20
  If it goes from 1% to 10%, where one in 10 people are buying
• 28:25
  silver and buying gold and buying the mining stocks, right?
• 28:28
  That goes up 10 times. There's not enough metal out
• 28:33
  there. There's not enough mining stocks
• 28:35
  out there. OK?
• 28:36
  It is absolutely a big advantage.
• 28:40
  I call it the law of small numbers, right?
• 28:42
  If we already had, if we already had 10%, which we don't, but
• 28:47
  let's say we did have 10%, well, think about your neighborhood.
• 28:50
  If one out of 10 people already bought silver, already bought
• 28:54
  gold, to double just to double that would have to go to 20%.
• 28:59
  That's much harder to do than it is to go from 1% to 2%.
• 29:04
  But there's a another reason why that's so important historically
• 29:09
  speaking, right, usually, and there's all types of numbers on
• 29:12
  this, but you know, the amount of financial assets that are
• 29:16
  invested in silver and gold, blah, blah, blah.
• 29:18
  We are way low. We are way, way low over any
• 29:22
  time frame where we are right now, we are way low.
• 29:26
  But guess what? Huh.
• 29:28
  Guess what, buttercup? We're also early.
• 29:33
  But the most exciting thing happening right now is that it
• 29:38
  is starting the moment the engine is started.
• 29:41
  If gold and silver were a Formula One race car, right?
• 29:45
  It's been sitting in the garage gathering dust for the last
• 29:48
  what? I don't know, decades and you
• 29:51
  can certainly say since that little bump we had during the
• 29:54
  C-19 crisis, it's been sitting in the garage, air gone out of
• 29:58
  the tires, the engine oil, it gotten goopy.
• 30:01
  But right, what's happened here this year is that the mechanics
• 30:05
  came in, they changed the oil, they put on some new tires, and
• 30:09
  right now they just fired up the engine.
• 30:12
  OK, we are getting ready to roll.
• 30:14
  Let's check in with the real true boss of Ron's.
• 30:18
  Oh, I forgot, guys, please subscribe to the channel.
• 30:21
  It's free. We don't charge anything, OK?
• 30:24
  We love when you come join us. I respect that you choose to
• 30:27
  give us your time and hang out here in the basement.
• 30:29
  This channel, Ron's Basement on YouTube is exclusively about
• 30:34
  silver and gold. I've been loving it for decades.
• 30:37
  I'd love if you came back, please.
• 30:39
  And thank you for the Super chats.
• 30:40
  Never expected, always appreciate it.
• 30:42
  Thank you again, Debbie. But we got to check in with the
• 30:44
  boss. So let's check in with upstairs
• 30:47
  Susie right now. Hello, Susie, are you there?
• 30:50
  Silver Susie upstairs. Susie over, yes.
• 30:53
  I want you to get that 173 lights one more.
• 30:58
  It keeps going. So I think you should bring
• 31:00
  maybe the cowbell or the gong, and then I think you should say
• 31:04
  hi to some people. OK, OK.
• 31:06
  That would be great. All right, OK, Thank you.
• 31:10
  OK, I don't know where the cowbell went.
• 31:13
  Hold on a second. I used to have a cowbell down
• 31:17
  here. I found it.
• 31:20
  All right, So when we get to 200 likes, right, That came from Joe
• 31:25
  F. He delivered that here to the
• 31:27
  house. When Susie lets me know we got
• 31:29
  the 200 likes, I will ring the cowbell.
• 31:31
  Hold your ears. It's very loud.
• 31:33
  OK, We don't do it every time, but I'll warn you if you're
• 31:37
  listening with headphones on and live.
• 31:41
  Here we go. OK.
• 31:43
  Hello, Susie's house. Hello, Shaquille.
• 31:44
  Shaquille. Hello, Jonathan Nunez.
• 31:48
  Hello. You know what, guys?
• 31:50
  We need more cowbell. So when we get to 200 likes,
• 31:52
  yes, Susie will let me know. Can you see it?
• 31:54
  There it is. And I will bring the cowbell.
• 31:57
  But what I want you to do right now in the comments so we all
• 32:00
  can know. Thank you.
• 32:02
  Yes, thank you. Susie.
• 32:04
  I was just going to do that in the comment.
• 32:06
  Tell me where you're from. I'll try to read your name.
• 32:08
  OK. Because we are everywhere.
• 32:10
  Silver is decentralized. It's all over the world.
• 32:16
  All right, guys. Come on.
• 32:17
  Shoot. Let's see where you're from.
• 32:19
  Hello, Justin. Hello, Eric.
• 32:21
  Hello, Daniel. Hello, Johnny.
• 32:23
  Wisconsin. Jake Revelowski.
• 32:25
  Mark Petty. ODBG.
• 32:27
  Whoop. Whoop.
• 32:28
  Oh, dirty bastard. Garage.
• 32:29
  If I miss you, put it in again. Mariners.
• 32:32
  Rich, Thank you for subscribing. Riverside, CA.
• 32:35
  Scott, Netherlands. I love the Netherlands.
• 32:37
  Hello, Lily. Lynn Lowe.
• 32:39
  Hecta Slack. Good to see you, Debbie.
• 32:42
  Adam Romero from New Mexico. Timothy Morrison, Elton, right
• 32:47
  across the river from me. Hi, buddy.
• 32:49
  I can't read them while they're going so fast.
• 32:50
  Hold on here. Let me go up, see if I can.
• 32:53
  All right, here we go. Howdy.
• 32:54
  From Texas Thermal Cowboy Jonathan Nunez from Miami.
• 32:58
  How do I get this darn thing? Hold on.
• 33:01
  See if I can get this. Oh, shoot.
• 33:03
  All right. Hold on, guys.
• 33:05
  St. Paul, MN, man.
• 33:07
  You guys are everywhere. Fullerton, CA.
• 33:10
  Anthony Neil. Socal.
• 33:12
  Richard Albert from Phoenix. Omaha.
• 33:16
  Oh my gosh. Adam Adan from New Mexico.
• 33:21
  Wow. I mean, you guys, this is
• 33:24
  incredible. New York.
• 33:25
  Dennis Lee, Toronto. I love China.
• 33:30
  I've been in Toronto a few times.
• 33:31
  Hong Kong. Hello.
• 33:33
  Kaniki Chow. Brian Welsh from Northern
• 33:37
  Michigan. Johnny Wad, Sweden.
• 33:40
  Hey, Susie Swedish. Christopher Erickson.
• 33:43
  Nice to see you in New Hampshire.
• 33:44
  Ben Gad. All right, guys, Thank you for
• 33:47
  being here. If I didn't read your name, send
• 33:49
  me an e-mail. I'll read it next time.
• 33:51
  You are important. You are the most important part
• 33:55
  of. I forgot to ring the cowbell,
• 33:58
  man, I'm losing it. All right, guys, we did get 200
• 34:00
  thumbs up. Let's ring the cowbell.
• 34:08
  It's been months since we did that.
• 34:10
  We are in for a wild ride. I look forward to seeing you
• 34:13
  next time. Thanks for being here, OK?
• 34:16
  Take care of yourself and I'll see you soon.