Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨SILVER Stackers!🚨 ALERT - Massive UPDATE! - (Gold Price too)
Transcript
- 0:01The optimistic factor supporting a much higher silver price
- 0:06continue to stack up for us, those of us who love silver and
- 0:11gold. In this video, we're going to
- 0:13talk about the number of reasons supporting much higher silver
- 0:17prices and gold prices, and we're going to have some fun
- 0:20while we do it because $60.00 silver, as I've predicted for
- 0:24April 1st of 2026, could actually happen a lot, lot
- 0:29sooner. Let's take a look at the first
- 0:31factor that we'll consider, and it's really astounding to
- 0:36consider this fact. From our friend Make Gold.
- 0:45Great guys Warren Buffett and Berkshire Hathaway could buy
- 0:51every single ounce of silver mined this year.
- 0:55Every single ounce of silver mined this year.
- 0:57Not one time, but 12 times over, right?
- 1:02And he brings up a great point. Give me just one billionaire
- 1:05with the guts to change the world and I'll give you a silver
- 1:10squeeze. So think about this, right?
- 1:15Warren Buffett alone could buy all the silver mine for the
- 1:19entire year 12 times over. But it's even crazier when we
- 1:23think about the fact that Warren Buffett at one point in the past
- 1:27actually did buy massive amounts of silver.
- 1:30Let's go take a look at that right now.
- 1:32This is some, again, unbelievable information about
- 1:36what has gone on in the past in the silver market.
- 1:40This comes from Discovery Alert. When did Warren Buffett make his
- 1:44major silver investment? Buffett made his first silver
- 1:47investment investment in the late 1960s and his second major
- 1:52investment in the late 1990s. A lot of people don't know this
- 1:57when he purchased almost 130,000,000 ounces of silver,
- 2:02representing over 25% of a global annual production.
- 2:07But how much profit did Buffett make from his silver investment?
- 2:11Despite selling a little earlier than optimal, Buffett still made
- 2:15over $500 million in profit from his silver investment in the
- 2:20late 1990s. Do you think Warren maybe is
- 2:24remembering right his good experiences that he had in the
- 2:27past with silver? What specific?
- 2:30This is where it gets interesting.
- 2:32What specific market condition triggered Buffett's silver
- 2:36purchases? And like think about this in
- 2:39terms of today, he identified 3 conditions, persistent supply
- 2:44deficits, right, production running 100 million oz below
- 2:47consumption, check. We know there's a major deficit
- 2:50now declining above ground inventories, check.
- 2:53We know that's the case. And limited production capacity
- 2:57with few primary silver miners. We know there's been a massive
- 3:01under investment in silver mining over the last several
- 3:05decades. Are today's silver market
- 3:07conditions comparable to when Buffett invested?
- 3:09Yes, all three of his original indicators are aligned again.
- 3:14Plus there's a fourth bullish factor from unprecedented solar
- 3:20energy demand that wasn't present during Buffett's era.
- 3:24And one final thing on Warren Buffett, we know this as well.
- 3:28Recently, he just absolutely shocked the world when he bashed
- 3:33the US dollar. Let's go down here, skip down to
- 3:37this, OK? The ace investor criticized this
- 3:39was at the recent Berkshire Hathaway Annual Convention where
- 3:42there were over 20,000 people in Omaha, NE to hear him speak and
- 3:48announce his retirement. At that event, he criticized the
- 3:52US fiscal behavior, calling it alarming and questioned the long
- 3:56term strength of the dollar. The weaker the dollar gets, the
- 4:01higher gold and silver will go. But that then went ahead,
- 4:05hinting that Berkshire Hathaway could take entry positions in
- 4:08foreign currencies next. There could be things happening
- 4:12in the United States that make us want to own a lot of other
- 4:17currencies. What does this tell us about the
- 4:21fragility of the silver market when one man's company can buy
- 4:26the entire annual world production of silver 12 times
- 4:30over, right? Silver could move and silver
- 4:33could move extremely quickly. And we're just scratching the
- 4:37surface, guys. OK, I mean, think about it.
- 4:41OK, and let's go back quickly. I, I missed a key point in this
- 4:44Warren Buffett and that was from Make Gold Great Again, as we go
- 4:51down here, we see the big black section is Warren Buffett's cash
- 4:54hoard, $347 billion, the annual silver mining output about $28
- 5:00billion, the red dot being silver, the black representing
- 5:05Warren Buffett's cash that he owns.
- 5:07But what about the charts, right?
- 5:09Let's do an update on the silver price and take a look at the
- 5:11charts. Are the charts showing us that
- 5:14we can head to $60.00 silver sooner as opposed to later?
- 5:19We're going to run out here to our friend Rashad who shares
- 5:26this with us. OK, believing silver Silver's
- 5:30parabolic run is unavoidable after years of suppression.
- 5:34This is a long term chart we're going to pull up.
- 5:37But he brings up something very critical, right?
- 5:39One of the critical facts supporting a future silver run.
- 5:43Silver sentiment is terrible and that is why it could start a
- 5:48short squeeze soon. The present setup is pretty much
- 5:51similar to that of 2010 when we know shortly thereafter the
- 5:56silver price did rally all the way up to $50 per oz.
- 6:02And I am hold on here. There we go.
- 6:07Let's pull this up, Look at this chart and get out the markers.
- 6:12This is what he's talking about back in 2010.
- 6:15You can see that activity, right, which is extremely
- 6:19similar to what's going on right now.
- 6:21Now, the other critical thing for us to remember is that this
- 6:25section right here is a handle in a cup and handle formation.
- 6:32That's the handle. The cup goes over here.
- 6:36I'm going to shoot, you know, way over here all the way back
- 6:39to what was it, 1980, right? And this cup and handle is one
- 6:43of the biggest, most powerful chart patterns that anyone has
- 6:47ever seen. They're saying it's one for the
- 6:49textbooks, basically goes all the way back, what, 45 years?
- 6:53If this breaks out OK, above this $50 level where we are here
- 6:59roughly guys, it will be 1 for the record books.
- 7:04Let's look at one more chart that Rashad shares with us here
- 7:08and very interesting silver three-week consolidation, not
- 7:12much progress, but the formation is very bullish.
- 7:16So what he is showing us here is that we are basically in a
- 7:22consolidation pattern. You can see the two parallel
- 7:27somewhat downward sloping lines, but that is actually bullish.
- 7:31So silver has been consolidating.
- 7:33What that means is and, and why that's good for the silver
- 7:37price. Look, nothing goes straight up,
- 7:39right? We've been in this range of
- 7:41what, 33 to $31.00 seems like forever, but really it's been
- 7:45what, two or three weeks? But what is happening during
- 7:49this period, right where we've got this bouncing around inside
- 7:54there? Think about it.
- 7:57People who want to sell, people who think, oh, get nervous and
- 8:02mill. Maybe silver's.
- 8:03Maybe it's true. Maybe silver's going nowhere.
- 8:05They're all selling, being replaced by new buyers who are
- 8:10building a new base from which the silver price can go higher
- 8:15and higher and higher. And again, the key, right, The
- 8:19big critical thing for us to remember is that silver is doing
- 8:23this in an environment where sentiment is not good,
- 8:27historically weak. Now that goes in cycles and
- 8:31phases. It'll come back.
- 8:33There will be another silver mania.
- 8:35Remember, silver squeeze, silver will have its day in the sun
- 8:39again. The reality though is that what
- 8:42silver is doing, which is, which is providing and providing us
- 8:46and and showing the market that it still has a lot of strength.
- 8:50It's doing it in an environment where overall sentiment,
- 8:54particularly in the West, has been really, really down.
- 8:58So just think about what silver can do when when the sentiment
- 9:03level comes back. Hey guys, I have a big
- 9:05announcement today. I have a new sponsor for the
- 9:08gold and silver focus content. And by the way, before we get to
- 9:11that, thank you for being here, right?
- 9:14I know you love silver. I know you love gold.
- 9:16I'm doing twice weekly content on the Ron's basement channel
- 9:20focused in on silver and gold. We have a lot of people joining
- 9:23us from the crypto community who are also interested in silver
- 9:26and gold. Thank you to everybody for being
- 9:29here. Thank you for your support.
- 9:31Don't forget share this subscribe to the channel Super
- 9:34chat super thanks are always super appreciated, but it's a
- 9:37big deal that we have a new sponsor for the channel for the
- 9:40gold and silver content first meant OK, they are in meant
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- 9:49silver bullion products. They got a couple things about
- 9:53them. They're very unique that I'm
- 9:54very excited about #1 they are actually part of a large silver
- 9:59mining company, publicly traded First Silver.
- 10:03You may have heard of them, right?
- 10:04They're a juggernaut in the silver industry, and they're
- 10:07headed up by one of the most respected names in the silver
- 10:11industry, Keith Neumeyer. So I'm very excited to have
- 10:15First Men. I'm going to be telling you all
- 10:16about them in the coming months, but a couple quick points that I
- 10:21think are are very interesting about.
- 10:24First mint, OK. They pride themselves on being
- 10:28from the mine to the mint. What does that mean?
- 10:31They're like the only silver mint that actually sources their
- 10:34metal directly from their own minds.
- 10:37Yeah, they mine silver in Mexico.
- 10:39It gets shipped to Nevada where it's minted into these world
- 10:43class bullion products. They're like the only mint that
- 10:47I know of, the only bullion supplier that you can buy from
- 10:50where you know that silver, right, came from Mexico from the
- 10:55ground, went directly to their own mint and then directly to
- 10:59you. I want to show you one of their
- 11:01products right now. This is one of the coins I got a
- 11:04lot that I'll be showing you over the next.
- 11:06This is the dragon coin, the dragon route.
- 11:08Look at that. Isn't that absolutely beautiful?
- 11:12I was so excited to open this. I got a great package, well
- 11:17packaged very securely in the mail from them.
- 11:23And I want to go out to the website here and show you.
- 11:27They have free shipping over $199.
- 11:32And here is the first Mint website where you can learn a
- 11:38lot more about the company. There's their Buffalo round, OK,
- 11:42a number of their different products, the Year of the Snake
- 11:44Round, these are world class bullion products exclusive to
- 11:481st Mint, right? They're making these these on
- 11:50their own. And don't forget, guys, this is
- 11:52silver, right? That First Majestic is mining in
- 11:56Mexico. It goes directly to the mint.
- 11:59It's create, you know these great products are created and
- 12:02then it goes directly to you. They've got great prices, great
- 12:05service, and can you trust them? Well, of course, right there,
- 12:08part of First Majestic Silver. They also have free shipping,
- 12:12but I didn't tell you that already on any orders over $199.
- 12:18I'm super excited to have them as a sponsor.
- 12:21I'll be telling you a lot more about the company in the coming
- 12:25months, but please help support the sponsors.
- 12:27You can go out to their website. Let's get back there one more
- 12:30time, which is First mint.com to learn more.
- 12:36Check it out. OK, please help support the
- 12:38sponsors. Thank you First Mint for
- 12:40sponsoring the basement. We got a great community of
- 12:43silver lovers here, so I'm sure they're going to be excited to
- 12:46go check out all the different products.
- 12:48And guys, I got a different product that I'll be showing you
- 12:51each day here for the next 5 or so days.
- 12:54OK, what about back to the silver price, $60.00 silver?
- 13:00OK, what about the gold to silver ratio?
- 13:03Let's take a look at that. Let's see what's happening
- 13:06within the within the gold to silver ratio that we need to pay
- 13:10close attention to. This is an article from the
- 13:16Silver Academy. All right, and they are talking.
- 13:20I have this part highlighted here about the gold to silver
- 13:23ratio. A ticking clock historically,
- 13:27right, The gold to silver ratio has been 55 to one.
- 13:30That's over the past five decades.
- 13:33Today's 100 plus anomaly signals silver's deep undervaluation.
- 13:40Similar extremes preceded sharp reversals like the 2011 drop to
- 13:4535 to one right? In 2011, silver skyrocketed the
- 13:50$50 per oz in 2011 dollars, which is probably more like 70
- 13:55or $80.00 per oz now. During the commodities boom.
- 13:58Market mechanics suggest a correction is inevitable, right?
- 14:02What are the market mechanic mechanics?
- 14:04We know there's physical shortages above ground.
- 14:07Inventories are dwindling. Industrial users can't
- 14:10indefinitely. Why on the paper tricks.
- 14:16We also know investor awareness, rising retail and institutional
- 14:21demand for physical metal will strain manipulated markets.
- 14:26We talked about this earlier night.
- 14:28If, when, when, not if, but when sentiment for silver improves in
- 14:34the West. Katy bar the door I mean it it
- 14:38will create a flood. We know what's happened.
- 14:41We know the silver shortages that have occurred in the past
- 14:44right during C 19 during the the great financial crisis.
- 14:48We know what happened Silver becomes almost immediately gone
- 14:53right and one good thing about our sponsor first meant right.
- 14:56They know where they can get their silver from.
- 14:58They can get it from from the from from their their own silver
- 15:02mines, the run by First Majestic down in Mexico.
- 15:06All right, regulatory pressure and conviction of JP Morgan
- 15:10traders for spoofing, highlighting growing scrutiny of
- 15:13bank LED manipulation. You know, OK, you may be
- 15:16thinking, yeah, great Ron, but what does that have to do with
- 15:18$60.00 silver? Or remember what that article
- 15:21said. Over the past five decades, the
- 15:23gold to silver ratio is averaged around 55.
- 15:27For those of you who don't know, the gold to silver ratio
- 15:29represents the number of Oz of silver that are needed to trade
- 15:34for one ounce of gold. Again, right now that sits
- 15:37around 1:00 100 if right now with current gold prices around
- 15:41$3200 plus we went back to the five decade average of 55, right
- 15:4955 instead of 100 ounces of silver to get one ounce of gold,
- 15:52we only needed 55 ounces of silver to get one ounce of gold.
- 15:56The the the 50 year average, the price of silver at a 55 to 1
- 16:02gold to silver ratio would be who can guess?
- 16:05Yeah, $60.00 right now. OK, so we should have $60.00
- 16:11silver right now. Do you agree?
- 16:14I, I agree. I think silver's the most
- 16:17undervalued asset on the face of the earth.
- 16:19And I hear all the other top analysts saying the same thing.
- 16:24The silver price is just absolutely crazy low.
- 16:28All right, let's talk about Chinese demand.
- 16:30We haven't even talked about that yet, right.
- 16:33Let's take a look at this. Another great, great.
- 16:40Here we go. This one came from believe it
- 16:43was make gold great again as well.
- 16:45This is this. This sums up what is going on,
- 16:48right? Make gold great.
- 16:49Oh, we need to pull up the Oriental Ghost too.
- 16:52OK, He says, you have some silver and I have a straw.
- 16:56There it is a straw. You see it?
- 16:58My straw reaches across the room or across the ocean from China
- 17:03to the United States and drinks your silver.
- 17:06I drink your silver. I drink it up.
- 17:08And then here, here's the here's the visual.
- 17:11Take a good hard look at that one, OK?
- 17:15There's Chinese silver. And the key thing to look at
- 17:18here and what they're, what they're illustrating for us is
- 17:21that in China, the silver price on a physical level right at the
- 17:26Shanghai Gold Exchange is typically way higher than the
- 17:30United States. So in China, they're paying $35
- 17:34on their massive metals exchange, the the Shanghai Gold
- 17:38Exchange, which is a physical market way different than the
- 17:41COMEX and the LBMA, OK, $35 were in the West.
- 17:47The price is always so, so much lower.
- 17:51OK, so the Chinese are literally literally draining the physical
- 17:56silver from the West to the East.
- 17:59OK, that's another thing I forgot to mention.
- 18:02And I've got a lot more to talk to you about our sponsor First
- 18:05Mint as we move through here. But that silver, think about
- 18:08that silver that you can get from First Mint, right?
- 18:10It's mined in Mexico by First Majestic, who then sends it to
- 18:14their mint, First Mint in Nevada and then it goes directly to
- 18:18you. It never touches the LBMA or the
- 18:22Comex, the paper markets. One more really cool thing about
- 18:26First Mint that makes them unique amongst any of the other
- 18:30mints or bullion dealers that are out there.
- 18:32Let's get back to let's go look at the Oriental.
- 18:35Did I pull it up? Hold on here, let's do an update
- 18:39on the silver price. Here we go.
- 18:44Sure, we've got him up. There he is.
- 18:48OK, let's go out and check on the price of silver in China
- 18:52right now. We'll go to the Oriental Ghost.
- 18:56There he is, our friend every day giving us an update.
- 19:00Let's see what the most recent data shows when it comes to the
- 19:03silver price. This froze.
- 19:06That was from May 7th. Is that the most recent?
- 19:09We have no. Hold on here.
- 19:11Here we are May 9th, OK, so silver, you can see my yellow
- 19:17arrow right there on the Shanghai Gold Exchange was 35
- 19:25dollars 3499. We'll give him an extra penny.
- 19:28Let's head out and see what the futures price is in the United
- 19:33States and we are at below $33 in the futures market.
- 19:43The spot price is actually going to be lower than that.
- 19:45So we are continuing absolutely continuing to see the the
- 19:51Chinese markets, physical markets, right, actually have a
- 19:56much, much higher silver price than what we have in the paper,
- 20:01right, the LBMA in the COMEX markets in the West.
- 20:04Let's head out here to talk about what could be coming right
- 20:08now. We're going to shift over to
- 20:09gold for a second. And we love gold.
- 20:12We're talking a lot about silver, but we love gold and we
- 20:15believe the gold price will go much, much higher.
- 20:19I don't have a current prediction for gold right you.
- 20:23Know that I predicted 3000 gold and then $3500 gold.
- 20:27It was bashed quite a bit over the last two years for that was
- 20:30called a a pumper and all kinds of dirty names because I believe
- 20:34that the gold price would get above 2500, which is when we
- 20:37took the blindfold off the bear and then 3000 and even 3500 that
- 20:44I predicted for earlier this year.
- 20:46So gold I'm very bullish on. I don't have a current gold
- 20:50prediction, but the current silver prediction just to review
- 20:54is $60.00 per oz by April 1st of 2026.
- 20:59My disclaimer, I'm not a financial advisor.
- 21:01Don't make any financial decisions based on anything that
- 21:03I say. Don't adopt A puppy, get
- 21:06engaged, buy silver, buy stocks, buy crypto, do anything.
- 21:10Just my opinion. Although I have a a healthy
- 21:13track record of being correct if I'm wrong.
- 21:16On April 1st, I'll let you guys come up with a punishment for me
- 21:20if we don't indeed meet or exceed $60.00 per oz silver.
- 21:24But in gold, people are getting very excited about the July time
- 21:29frame for gold. And again, with this current
- 21:31gold to silver ratio of this gold price continues much
- 21:35higher, it's going to pull silver at minimum with it,
- 21:39right? And as we see a contraction of
- 21:41that gold to silver ratio, gold could, I'm sorry, silver could
- 21:44really slingshot relative to the gold price, but the gold price
- 21:48is healthy. And are you hearing about this
- 21:50July gold revaluation? Let's pull this up and take a
- 21:55look at what they're talking about.
- 21:58Is gold front running a July revaluation, Basil 3 gold in
- 22:03July. I'll explain that to you in a
- 22:04second. Bretton Woods anniversary, US
- 22:07Independence Day, they're supposed to be some big
- 22:09announcement and the BRICS summit, the BRICS, right?
- 22:13Brazil, Russia, India, China, South Africa, that is not
- 22:18getting a lot of attention. But guys, the D dollarization
- 22:21move is still going on. Don't forget is the world D
- 22:26dollarizes, right? The value of the dollar, the
- 22:29real value will continue to struggle and that will
- 22:34absolutely result in higher prices for any commodity,
- 22:38including silver and gold. Basil 3, right?
- 22:42That's a big deal. That's like the the big
- 22:44international banking accords in July.
- 22:48The United States banks will be required to classify gold as a
- 22:53tier one asset. Apparently this could be a
- 22:56massive big deal that'll put it up there with government bonds
- 23:00and cash. As I understand it, in the
- 23:03United States really drugged their feet in terms of adhering
- 23:08to these new rules that came out.
- 23:10There's some big people, big powerful people that think this
- 23:14Basil 3 implementation in the West at the United States banks
- 23:20could be a huge, huge deal. We'll see how all that plays
- 23:23out. The other final thing I want to
- 23:26show to you when it when it comes to gold, which is
- 23:29interesting and I think something that we need to
- 23:32consider another one from make Gold great.
- 23:34Wow. He is like knocked it out of the
- 23:35park today. We get this where he says if
- 23:42Trump is bold enough to do worldwide tariffs by Greenland
- 23:47and threatened to cut income taxes to 0%, do you think he's
- 23:52not bold enough to revalue gold to $10,000 an ounce?
- 23:57Think about that, guys. That's the world that we're
- 24:00living in right now. Things are changing like no
- 24:03other time in history. Do you feel it right?
- 24:07I mean, in terms of the United States financial condition, the
- 24:12hens have come home to roost. You know, we're approaching 37
- 24:16trillion, $38 trillion in debt this world, right?
- 24:22And, and nobody's talking about one of the more important, most
- 24:26important things going on again coming up this summer is yet
- 24:29another bricks summit. Remember the past years when
- 24:32everybody was like, oh, the bricks, the bricks.
- 24:34They're going to announce a gold back currency and, and it was a
- 24:37nothing burger. I have a feeling that this
- 24:40year's bricks currency is going to provide us with some real
- 24:44fireworks, which are going to be in particular interest to those
- 24:48of us who invest in silver and gold.
- 24:51It's coming, it's going to happen.
- 24:53We are living in a period of change, like like most of us,
- 24:58right? I'm 55 years old, have never
- 25:01experienced, right, Most of our fellow Americans, the sheeple,
- 25:09they have no idea what's going on, right?
- 25:11They just watch the mainstream media news.
- 25:14They don't realize that the world right now is going through
- 25:17some serious cataclysmic changes, right?
- 25:21When it comes to geopolitical order, when it comes to how the
- 25:25world financial system is working, right, The days of the
- 25:291970s and the 1980s are long gone.
- 25:32It's going to be interesting to see how this all plays out.
- 25:35I'll be here with you through it all.
- 25:37I also want to say thank you to channel sponsors are Ledger.
- 25:40They are the hardware wallet crypto security leader.
- 25:44You can learn about them at ledger.com and our friends at
- 25:47Moon Pay. Moon Pay is the Fintech
- 25:51financial technology leader, OK. They also, by the way, now offer
- 25:56people the ability to buy digital tokenized gold.
- 25:59XAUT, that's Tether gold, right? That's from Tether, the same
- 26:03company that brings the world the USD stable coin.
- 26:07Hey guys, thanks for being here. Thanks to all the sponsors.
- 26:11It's going to be an interesting ride and gold and silver, I
- 26:14believe, are in for an incredible and incredible run
- 26:18over the next 10 years. We didn't even talk about
- 26:22stagflation. We'll save that for next time #1
- 26:25be well. Please.
- 26:26Again, like the video share, subscribe to the channel.
- 26:30I really appreciate you being here and I'll look forward to
- 26:33seeing you. Yeah, you next time.
- 26:36Thank you. Bye.
- 26:37Bye.