Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / 🚨 BIG Gold & SILVER Price JUMP!🚨 THIS Is Why... You Best Pay attention

Transcript

🚨 BIG Gold & SILVER Price JUMP!🚨 THIS Is Why... You Best Pay attention · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  Major alert, the gold price and silver price are rocketing
• 0:03
  higher this morning. Are you happy yet?
• 0:06
  I'm happy. I hope you are as well.
• 0:08
  But what we really want to know is why we have all types of
• 0:13
  major predictions to look at today, including my prediction
• 0:17
  last night. I was thinking that a year from
• 0:20
  now, I can easily see the gold price at $3200 per oz.
• 0:25
  I think that might be a little conservative and silver price at
• 0:30
  $60.00 per oz. But let's talk about why the big
• 0:34
  moves today in silver and gold and see what the experts are
• 0:39
  saying and let's think about how we feel about it.
• 0:42
  Don't forget you got a good head on your shoulders.
• 0:45
  Just because somebody's a supposed expert does not by any
• 0:49
  stretch of the imagination mean they know more than you.
• 0:52
  Let's go take a look at what Kitco is attributing this
• 0:56
  morning's big move up in the gold and silver price, too.
• 0:59
  We got an article here by Jim Wyckoff.
• 1:01
  He's a great analyst. He said gold prices sharply up
• 1:05
  silver prices as well, Jim, on safe haven demand and bargain
• 1:09
  hunting. And he does talk about silver in
• 1:11
  this article. But he says gold prices are
• 1:14
  sharply higher and silver is posting solid gains in early US
• 1:19
  trading on Monday. Here we go for reasons why fresh
• 1:24
  safe haven buying and bargain hunting after recent selling
• 1:28
  pressure are featured to start the trading week.
• 1:32
  OK, so uncertainty, geopolitical uncertainty number one over the
• 1:37
  weekend, right? U.S.
• 1:39
  President Biden has authorized Ukraine to strike Russia using
• 1:44
  US supplied long range missiles. This decision will allow for
• 1:48
  attacks farther inside Russia and comes as Russian President
• 1:52
  Vladimir Putin positions North Korean troops along Ukraine's
• 1:57
  northern border to try to reclaim territory seized by
• 2:00
  Ukrainian forces. This has put heightened
• 2:03
  uncertainty into this major geopolitical event and prompted
• 2:07
  safe haven demand for gold and silver.
• 2:10
  So some people are being rather, maybe they're not, but a lot of
• 2:14
  people are talking about the N word, nuclear.
• 2:19
  Some people are talking about World War three.
• 2:22
  People are wondering why is Biden now that he's basically a
• 2:25
  lame duck president making such a major decision?
• 2:29
  There's all types of theories, speculation, but this is a major
• 2:33
  world geopolitical event and it is supporting the gold price and
• 2:37
  the silver price. But that's not just it.
• 2:40
  There's a lot more behind this big move that we're seeing today
• 2:44
  in the silver and gold price. But let's see what else our
• 2:48
  friend Mr. Wyckoff has to say because he has some great
• 2:50
  points. Here we go.
• 2:53
  Bloomberg, right? The Bloomberg the, the like
• 2:56
  financial news source, the number one source now is
• 3:00
  reporting that Goldman Sachs, the number one investment bank,
• 3:05
  has named gold as one of its top commodity trades for next year.
• 3:10
  And when gold goes up, guys, silver absolutely will follow.
• 3:15
  We know that. We know that to be the case now
• 3:20
  with an estimate, OK, for gold, they're saying there's an
• 3:22
  estimated price target of $3000 per oz by December of 2025.
• 3:28
  US basement dwellers will prove them wrong because we know we're
• 3:31
  going to get to at least 3200. It could be a lot higher guys,
• 3:35
  next year for the gold price. Goldman sided the uncertainty
• 3:40
  regarding the new Trump presidency and hit policies.
• 3:45
  All right, we're going to come back to that.
• 3:47
  OK, let's talk about that right now.
• 3:49
  There is so much uncertainty. The honeymoon's over.
• 3:53
  Not a political statement, but there is so much uncertainty if
• 3:58
  you if we ever this is a Black Swan, I know you may or may not
• 4:02
  agree with that and that's OK, but I think that the Trump
• 4:05
  landslide victory was a Black Swan, not a political statement.
• 4:10
  I'm not saying it's a bad thing. What I'm saying was the extent
• 4:13
  to which the Republicans nominated these elections when
• 4:16
  the American people spoke in an overwhelming matter.
• 4:21
  Shocked, right? Ask any Democrat, they're
• 4:24
  shocked. They don't understand.
• 4:25
  Turn on CNN or MSNBC. Nonetheless, what it's creating
• 4:29
  this massive uncertainty. You're having people now being
• 4:33
  appointed to the president's Cabinet committee, Treasury
• 4:37
  Secretary, Defense Secretary, that are shocking people.
• 4:42
  It's a Black Swan event. And guys, don't forget why it's
• 4:45
  important to to consider that it's a Gray swan event, whatever
• 4:49
  you want to call it, right, is because after Black Swan events
• 4:53
  or Gray swan events, we typically have major, major up
• 4:58
  moves in the silver price and gold price.
• 5:01
  So that couple weeks, it's been about two weeks now since Donald
• 5:04
  Trump was elected the next president of the United States
• 5:07
  of America was kind of a honeymoon period.
• 5:10
  Yeah. The stock market exploded,
• 5:12
  Bitcoin and crypto prices exploded, but we have all this
• 5:17
  major uncertainty, right? DVAC, Ramaswami, Elon Musk, Matt
• 5:23
  Gaetz, just major changes are coming.
• 5:26
  So much uncertainty about what's going to go on with tariffs.
• 5:30
  Ask President Xi in China. There's I read an article this
• 5:33
  morning he's in cold sweats trying to figure out what's
• 5:36
  going to happen. There is a lot of uncertainty,
• 5:39
  and uncertainty is absolutely a major driver for gold and
• 5:44
  silver. It's been that way for a few
• 5:47
  thousand years, and it will always be that way.
• 5:50
  All right, let's go back and see what Mr. Wyckoff has to say
• 5:53
  about silver. He says, All right, so Goldman
• 5:57
  Sachs, don't forget guys, something very important to
• 6:02
  remember about Goldman Sachs. The 1st 4 letters of their name
• 6:05
  are GOLD. I'll leave it at that.
• 6:08
  Let's go down to silver because I think Mr. Wyckoff had
• 6:11
  something to say about silver. Yeah, he says December silver
• 6:14
  futures bears have the overall near term technical advantage.
• 6:18
  Prices are trending down on the daily bar chart.
• 6:21
  Silver bowls next upside price objective is closing prices
• 6:26
  above solid technical resistance at $32.50.
• 6:31
  OK, so we talked about extensively the battle that
• 6:35
  silver had going on at $30 per oz OK, looks like we're in good
• 6:41
  shape for today on that. But what we need to get through
• 6:44
  next again is this 3250 range. And I'm telling you, this will
• 6:50
  be like the fifth time, the 4th time that we broke through this
• 6:54
  range and kind of the low 30s and, and man, the more times it
• 6:58
  takes to breakthrough, the more crazy the move to the upside
• 7:03
  will be. Guys, we got to remember this.
• 7:06
  There are not a lot of people. There's not a lot of people who
• 7:10
  bought silver for $35.00 an ounce.
• 7:13
  There's not a lot of people who bought silver for 38 dollars,
• 7:17
  $40 per oz. Once we get through and the
• 7:21
  momentum really kicks in, right, man, the price of silver could
• 7:26
  have an explosive move. Some people are talking about
• 7:29
  all the way to $50 per oz, and I'm talking in the near term.
• 7:34
  Now, look, don't make any financial decisions.
• 7:37
  This is just my opinion. But in my gut feeling, it's what
• 7:41
  I believe. It's what I believe in my heart,
• 7:43
  that that's where we're moving. I tried to write down like this
• 7:45
  morning, why is silver going crazy?
• 7:48
  I mean there are so many reasons and gold as well, but let's go
• 7:52
  do a price check. Let's make sure they're still
• 7:55
  up. Boy, wouldn't I be embarrassed.
• 7:57
  Let's go to channel sponsor pin backs and do an update here on
• 8:00
  the silver and gold price. I don't think these are prices
• 8:04
  as of a few hours ago, so take a deep breath with me.
• 8:08
  We're going to press the Pembac's magic button.
• 8:11
  You can do this for yourself on their website.
• 8:13
  You press this little gold triangle and we get wow, silver
• 8:19
  is up $0.88 per oz, Gold up $40 per oz Unbelievable.
• 8:27
  Now look, if you think the silver price and gold price are
• 8:29
  going to continue higher in the coming decade, in the coming
• 8:33
  year, the coming quarter, whatever your belief is it and
• 8:36
  you decide that you want to respond, possibly buy some
• 8:40
  silver or gold bullion or platinum group metals.
• 8:43
  I think you'll really get a huge, huge benefit by
• 8:47
  considering giving Pembex a chance.
• 8:49
  Just check out what they can do for you as compared to the other
• 8:53
  big online bullion dealers. Here's their website right here,
• 8:57
  Pi MB EX pembex.com. For your money, you'll always
• 9:01
  get a great selection and you will always work with a company
• 9:05
  that you can trust. But you need to figure that one
• 9:07
  out for yourself. And there we go.
• 9:10
  Now we're back. I think you can see me.
• 9:12
  Please, somebody give me a 5 by 5.
• 9:14
  If you can see me and hear me, I apologize and thank you,
• 9:17
  Patrick. It is a live stream and things
• 9:20
  happen. But if somebody could give me a
• 9:22
  5 by 5, that would be awesome. I think we're still alive.
• 9:27
  And where's Ron? OK, here we go.
• 9:29
  Is somebody. Yes.
• 9:30
  Thank you, Jake, from Jake's Custom Parts.
• 9:32
  OK, Citibank, Citibank, we're going to talk about this later,
• 9:37
  is calling Citibank. Their head of commodities
• 9:40
  research says $3000 gold within six months, $40 silver within
• 9:46
  six months. OK, We just did a live press
• 9:49
  price update. Let's talk about what Rashad is
• 9:52
  telling us. One of the top analysts that I
• 9:54
  like to follow is telling us this about gold, OK?
• 9:59
  He says I expect gold to rally above 2600.
• 10:02
  So far, he's right. OK, this is from yesterday.
• 10:06
  And then sell off towards month end to test 2500 area and then
• 10:11
  take off towards mid-december. So guys, remember we're going to
• 10:17
  have volatility. But here's his chart, right?
• 10:19
  He thinks we're going to go up all right and make sure we got
• 10:23
  you on the right screen, which we do.
• 10:26
  We're going to go up and then we're going to drop down here to
• 10:33
  2500 and then we're off to the races, OK?
• 10:36
  So I wanted to share that with you because we need to remember
• 10:39
  no matter what's going on, right, there will be volatility.
• 10:43
  I mean, do you remember, was it like 8-9 days ago on these days
• 10:46
  when silver was getting absolutely clobbered, what it
• 10:49
  felt like today? We're on the other side of that
• 10:52
  coin. That's called volatility.
• 10:54
  Yes, days like today will feel much better, but part of an any
• 10:58
  big major upward move in anything including gold and
• 11:03
  silver will be pull back. So let's stay with it.
• 11:07
  Let's run out and see real quickly.
• 11:08
  We talked about this last night, but Rashad is telling us $48,000
• 11:15
  gold. Are you kidding me?
• 11:18
  I'll ask you a question, my fellow basement dwellers.
• 11:21
  How does that sound? The idea of $48,000 gold?
• 11:26
  This comes from Graddy, another technical analyst that I love to
• 11:29
  follow. He says it's a simple chart.
• 11:32
  Back in 2016, he predicted $10,000 gold.
• 11:36
  Now he thinks that $48,000 gold very well could happen.
• 11:41
  The future gold price is not about what seems realistic
• 11:45
  today. It's about the structure of the
• 11:47
  coming monetary system. And he talks about this big
• 11:51
  ascending rising wedge, right? A rising wedge.
• 11:55
  These two blue lines you can see my pointer that are going up the
• 12:00
  inflations of the 70s, that's when gold shot up.
• 12:03
  We kind of consolidated, right? We had the second bowl phase
• 12:06
  from about 2001 through 2011 and what he's calling for now based
• 12:11
  on his on his analysis, technical analysis is that we
• 12:16
  could get this wild chart does say target is 48,000 and then
• 12:21
  parentheses he mentions which could be the approximate number
• 12:25
  if the US dollar into money supply was backed by gold 100%.
• 12:33
  OK guys. And I did some math last night
• 12:36
  comparing this crazy number $48,000 gold to the, to the
• 12:40
  price increase that we had during the 19 70s when gold went
• 12:44
  from $35 to $850, which is darn near a 25 times increase.
• 12:50
  If you multiply $2500 gold, which is lower than we are
• 12:55
  today. But that happened to be this
• 12:57
  other analysts downward target. If you, if you multiply 2500 *
• 13:01
  25, you get $62,500 per oz gold. And that's the move that we did
• 13:09
  have during the 70s. This isn't like, oh, I just
• 13:12
  think this could happen or it happened, buttercup, right?
• 13:18
  Gold went up actually 24 times, but I rounded up since I rounded
• 13:22
  down on the gold price, gold went up 24 times in value during
• 13:26
  the 1970s. And I would argue, I would argue
• 13:29
  strongly that the situation we're in right now
• 13:34
  geopolitically, right, monetarily, fiscally in the
• 13:40
  United States is as bad or worse than the 1970s.
• 13:46
  So think about that. If we're in a worser, worstest,
• 13:51
  most worthiest situation now than we were in 1971.
• 13:57
  I remember when my mother delivered me in February of 1970
• 14:01
  and I came out and I said, what is going on in this world?
• 14:04
  And then Nixon took us off the gold standard.
• 14:07
  I'm telling you, I was alive in 1971.
• 14:10
  We're in worse situation now than we were then in the 1970s
• 14:14
  because of stagflation. Stagflation.
• 14:17
  The S word, right? The S word that we love.
• 14:20
  Here in the basement, we had what did silver.
• 14:23
  So here I got it. Hold on a second.
• 14:25
  Let me pull this up. Keep all these notes in the
• 14:29
  1970s Silver rose. Sit down.
• 14:33
  Take a deep breath. Silver rose in the 1970s from
• 14:37
  $1.50 per oz. Yes, an ounce of silver started
• 14:42
  the 70s decade at $1.50 per oz all the way to a $50.
• 14:49
  OK, I don't even want to do that math.
• 14:55
  I might get kicked off the Internet for that one.
• 14:58
  Nonetheless, that's what we've got going on now.
• 15:00
  What could here's here's so we can talk about that, but here's
• 15:04
  what could happen. Man, I had a great conversation
• 15:06
  with Michael Gentilly, like the absolute smartest mind in my
• 15:11
  opinion in the precious metal sector this morning, but a
• 15:15
  little bit more about that later.
• 15:16
  We talked about the how there's no money in the precious metal
• 15:20
  sector right now. This this is crazy, this alone,
• 15:24
  right? This alone is is a shining star
• 15:28
  in the night for you, for all precious metals investors from
• 15:36
  the most unlikely place you ever noticed that in life, like
• 15:39
  things often times come from the most unlikely places, the most
• 15:43
  unlikely things like I never would have saw that coming.
• 15:46
  I never thought about that, Will.
• 15:47
  This is one of those situations and I want you to listen very,
• 15:53
  very closely because it has to do with money on the sidelines
• 15:58
  and it has to do with the price of silver and gold going up
• 16:02
  multiple times in value, the price of precious metal stocks
• 16:06
  going up 4X5X, whatever the case may be.
• 16:10
  OK, but listen to this. Wow, money market funds continue
• 16:14
  to hit all time highs, now clocking in at $6.7 trillion.
• 16:19
  I was told that this is all quote UN quote cash on the
• 16:22
  sidelines waiting for the Fed to cut rates.
• 16:26
  But the Fed is cut by 75 basis points and instead the pile
• 16:30
  keeps growing. This is Money that American
• 16:34
  people have sitting in money market accounts, safe money.
• 16:38
  They don't want to put it in the stock market.
• 16:39
  They don't want to buy risky real estate state or anything
• 16:43
  like that. No, look at this numbers, guys.
• 16:46
  Look at how I mean from from just what, eight years ago?
• 16:50
  Heck, not even that. Just six years ago, the amount
• 16:54
  of money was 2.5 trillion. If we look right here, it is
• 16:57
  skyrocketed almost to $7 trillion.
• 17:01
  Now, why is that a shining star for you and me as precious
• 17:06
  metals investors? I'll show you why, visually.
• 17:11
  Hold on here. One second.
• 17:13
  I can't. I can't get over this.
• 17:15
  I'm sorry. I got to show it to you again.
• 17:17
  That's me. Or you leaving the coin shop
• 17:21
  before they realize I gave them paper for silver.
• 17:27
  OK, Hold on. I'm going to tell you why all
• 17:29
  that money is a big deal. There's my girlfriend, Arabella,
• 17:33
  and that's not it. That's not it, That's not it.
• 17:36
  That's SpongeBob. Hold on, there's Woodrow Wilson.
• 17:39
  That's the reason why, guys. This is quite simply the reason
• 17:43
  why $7 trillion sitting in money market accounts can result in
• 17:48
  multiple, multiple time increases in the value of gold,
• 17:53
  silver, and precious metals. This is Extras Pyramid, which
• 17:57
  was created by John Extra, who worked for the New York, NY
• 18:00
  Federal Reserve, and he just died a few decades ago.
• 18:03
  So, and what this shows and what this man from the Fed showed us
• 18:06
  is that gold and silver are the base of all money.
• 18:10
  OK, Look right above it. You got base money.
• 18:13
  Oh, then you got bank money. Then you've got government
• 18:17
  bonds, bank money. OK, think about that.
• 18:21
  Oh, shoot, what happened here? Sorry, bank money.
• 18:25
  That's $7 trillion, 7 trillion. That alone, that's just bank
• 18:30
  money. That doesn't even count.
• 18:31
  Government bonds, whatever those trillions are. 36 trillion.
• 18:35
  Corporate bonds, trillions, non monetary commodities, trillions,
• 18:40
  derivatives, quadrillions. We did some calculations that
• 18:43
  have just like 1% of the derivative market.
• 18:47
  The nominal value was to go into gold and silver.
• 18:49
  The prices would go up like 5 *. I digress.
• 18:53
  We're talking about this bank money, OK, money that people
• 18:58
  have in $7 trillion. If just a little bit of that
• 19:03
  goes down and here's how it'll happen.
• 19:05
  It's going to happen when all those the sheeple right that
• 19:12
  don't watch Ron's basement that watch the children's news
• 19:15
  network, also known as CNN or MSNBC or even Fox News for that
• 19:20
  matter. They're asleep.
• 19:21
  They have no idea that this stuff right, not this, that's a
• 19:26
  silver certificate, but this is being printed into oblivion.
• 19:30
  And when they wake up, when they go to the grocery store in a
• 19:33
  gallon of milk cost them $12.00 and they're like I'm losing
• 19:36
  more. I'm my dollars are losing value.
• 19:39
  They're going to put the money into the stock market.
• 19:42
  OK, all right. They're not going to put that
• 19:44
  money. They're not something and say,
• 19:45
  well, I'm going to buy residential real estate's in a
• 19:48
  bubble. Commercial real estate,
• 19:51
  residential real estate bubble. Bubble.
• 19:53
  Can you say bubble? Say bubble.
• 19:55
  It's fun. It's one of my favorite words to
• 19:57
  say bubble. The stock market isn't a double
• 20:00
  bubble because you know why? The valuations, not the precious
• 20:04
  metal mining stocks, I'm not talking about them.
• 20:06
  They're the opposite of a bubble.
• 20:08
  But the general stock market, NVIDIA, Apple, Microsoft, you
• 20:13
  look at any I could bore you for hours and I won't.
• 20:17
  But I I'm an accountant. I work for a BIG4 firm.
• 20:21
  I can read financial statements. I know how valuations work.
• 20:24
  The general stock market is a bubble.
• 20:26
  But wait, there's more. It's a double bubble.
• 20:29
  Double bubble trouble, OK. Because not only are those
• 20:32
  valuations bubblicious, right? By any metric, by any
• 20:37
  measurement, no matter what ratio or however you want to
• 20:40
  compare Cape whatever priced earnings price to sales you.
• 20:46
  I mean, I promised I wouldn't bore you.
• 20:49
  Not only are they overvalued in that regard.
• 20:52
  So that's bubble #1 bubble #2 is the actual thing that they're
• 20:56
  valued in is a Ponzi paper. So you got the valuations that
• 21:02
  are nutso. But on top of that, what they
• 21:04
  use the value at the unit of measure is a is a this right?
• 21:10
  They don't. They don't quote stock prices
• 21:12
  and this do they, Huh. Oh, yeah.
• 21:18
  Apple stocks trading at 10 ounces of silver.
• 21:21
  No, no, they use this Unicorn fart dust.
• 21:26
  That's all it is. Is Unicorn.
• 21:28
  That's what coin shop Chris says.
• 21:29
  Unicorn fart dust. Unicorn fart dust paper, right?
• 21:34
  It wasn't always that way. I won't show this again for a
• 21:37
  week, but now I have to. It didn't used to be that way,
• 21:40
  guys. See member silver certificate.
• 21:44
  The dollar used to be redeemable on demand for silver back in the
• 21:51
  1930s, right when they made the Wizard of Oz, which is also all
• 21:55
  about gold and silver. But we won't go down that yellow
• 21:58
  brick road. And Dorothy's Ruby slippers were
• 22:02
  actually silver slippers, No. OK, when in a little bit, let's
• 22:08
  wrap this point up and then let's move on.
• 22:10
  What do you say when a little bit of that money, that 7
• 22:14
  tirillion, $7 trillion goes down and those people freak and goes
• 22:21
  into silver and gold? When the Costco dads become the
• 22:23
  Costco dad army, right? And then they realize they
• 22:26
  should buy their gold and silver from a specialist like a company
• 22:28
  like Pimbex. Anyway, I digress.
• 22:31
  It's going to be massive. The whole I was talking with
• 22:34
  Michael Gentilly this morning and he, he was like the whole,
• 22:38
  the entire, the entire precious metals mining sector, right
• 22:44
  market cap, the entire world precious metal mining sector
• 22:49
  market cap is like 1/3 of NVIDIA 1/3.
• 22:53
  I mean, we had this other, I haven't checked it lately, but a
• 22:56
  couple months ago, the entire silver mining sector market cap
• 23:01
  was less than Home Depot. And I don't like Home Depot.
• 23:04
  I don't like those big stores. But nonetheless, a hardware
• 23:07
  store chain of hardware stores is valued more richly than the
• 23:12
  world's entire silver mining sector.
• 23:15
  I mean, what are jokes? I just want to quit.
• 23:17
  I'm going to give up. I'll never give up on you.
• 23:22
  I forgot the most important part.
• 23:24
  You are the most important part. Thank you for being here.
• 23:27
  You have a name. I want you to think of your name
• 23:30
  right right now, cuz you're YouTube, you're part of this
• 23:33
  group, you're part of the basement.
• 23:35
  We're like a little tribe. So if you enjoy yourself, I'll
• 23:38
  recommend that you consider, subscribe and give this a thumbs
• 23:42
  up that helps get the word out to more people.
• 23:45
  And yeah, thank you for super chat, super thanks, PayPal
• 23:48
  donations, any of that. Never expected.
• 23:51
  I'm always much appreciated. What else did I?
• 23:55
  And now I listen, I love this guy, Michael Gentilia.
• 23:58
  I listen to an interview he did a couple weeks ago.
• 24:01
  Guys, from 2008 through today, the assets under management for
• 24:06
  precious metal funds like the ETS, that type of thing, these
• 24:10
  funds that invest in precious metal exclusive investments,
• 24:14
  this is crazy, are down 80 to 90%.
• 24:18
  That's the assets. That's the amount of money in
• 24:20
  those funds. That doesn't mean that they're
• 24:22
  down 80 or 90%, but the way things have gone in that sector
• 24:25
  is probably not too far off. That's 8090% of the money and
• 24:29
  not OK inflation adjusted, it would be even more OK.
• 24:34
  Now think about this. That is constant pressure.
• 24:37
  Nobody's it's, this is a good thing.
• 24:40
  Nobody cares. Nobody cares about the precious
• 24:44
  metals in the precious metal mining stocks in the West.
• 24:48
  That's going to change. That will change.
• 24:51
  And when that does, when people start realizing the opportunity
• 24:55
  in the mining stocks, that'll also bring big, big focus on to
• 24:59
  the actual metals themselves. Because think about it, This is
• 25:04
  why this is a good thing. The path of least resistance is
• 25:08
  because sentiment. It's gotten a little bit better
• 25:11
  for gold and silver here in the last couple months, no doubt
• 25:13
  about it. A little bit better.
• 25:15
  We went from an F to AD minus. Why is that?
• 25:19
  Why am I happy about that? I'll tell you why I'm happy
• 25:21
  about that. Because that means the
• 25:23
  opportunity, right? For more people.
• 25:26
  There's so few of us. You are part of an exclusive
• 25:29
  club, OK, If you own silver and gold in the United States, if
• 25:33
  you you're even part of a more exclusive club if you own like
• 25:37
  junior precious metal mining stocks, OK.
• 25:40
  I heard somebody say it's like a like a high school gymnasium
• 25:44
  full of people. That's the entire community that
• 25:46
  buys precious metal mining stocks.
• 25:48
  Why is that a good thing? Because guys, when you go from
• 25:52
  an F to AD minus, there's still a lot of room for improvement If
• 25:57
  we just get to AC plus right or B minus.
• 26:01
  That would be like multiples more money buying silver, buying
• 26:05
  gold. You are you're let me tell you a
• 26:08
  little story. If you were a passenger, if you
• 26:13
  had been a passenger on the s s Titanic, that ship that could
• 26:16
  never sink, right? That's like the Fiat money
• 26:18
  system. Oh, it could never fail.
• 26:21
  They got some new world we got, you know, blah, blah, blah.
• 26:23
  If you had been a passenger on the Titanic, you would have been
• 26:27
  in the first lifeboat. That's what silver and gold
• 26:30
  investors are. We are the first people.
• 26:33
  Welcome to the club, right? I'm glad you're here.
• 26:37
  We're the people that got on the very first lifeboat to get off
• 26:41
  the Titanic cuz we sensed something was wrong.
• 26:46
  Now we've floated away from the boat or a couple 100 yards away.
• 26:50
  We look back, join me here, We look back at the Titanic where
• 26:54
  everybody, 99% of the people are still on the boat.
• 26:57
  They don't know it guy, cuz it's happened very slowly.
• 27:00
  But the whole boat is starting to ship.
• 27:03
  But they're partying away, right Captain?
• 27:06
  Captain Biden and, and 1st mate, what's his name?
• 27:11
  Gomer Pyle, Jerome Powell. They're still partying.
• 27:15
  They're having drinks on the deck.
• 27:16
  The band's playing. You're just early.
• 27:19
  But now from a distance you can see it all right.
• 27:22
  And I'm telling you when, when just a few more people it
• 27:27
  doesn't, that's the the benefit of their only being so few
• 27:31
  people in the West in the metals.
• 27:33
  It's going to be, it's a lot easier for a number for 1% to go
• 27:37
  to 5%. OK, think about that than it is
• 27:41
  for if we were already at 5 or let's say 10%, right, and we
• 27:45
  wanted five times more people that would have to go all the
• 27:47
  way to 50%. So it's a lot easier to improve
• 27:51
  from a cruddy position is an easy way to sum that one up.
• 27:55
  And buddy, my friends, I believe don't make it.
• 27:58
  Look, I could be dead wrong. I'm a silver pumper, right gold.
• 28:02
  But no, maybe I am. I don't know.
• 28:05
  But I believe, I believe in the future of silver, the future of
• 28:09
  gold, in the future of the precious metal mining stocks.
• 28:13
  You need to ask yourself that question.
• 28:15
  OK, all right, let's go. What's Poland doing?
• 28:18
  Poland. Poland, Let's go to the J Post
• 28:21
  here real quickly and talk about what a major ally of the United
• 28:25
  States, a major European country, is doing.
• 28:29
  The Jerusalem Post has a great piece here I've got highlighted
• 28:32
  for you so you don't have to read it yourself.
• 28:35
  The Polish central bank becomes biggest buyer of gold.
• 28:40
  What? Why?
• 28:41
  Why are they doing that? Poland surpasses Great Britain
• 28:45
  in gold reserves now holding 420 tons as gold makes up 15% of its
• 28:52
  assets, the countries the country strengthens economic
• 28:56
  stability and ranks amongst the world's top holders.
• 29:00
  But why wait till you hear the reason why Poland entered the
• 29:04
  club? This is Adam Glapinski.
• 29:06
  He's the governor of the National Bank of Poland.
• 29:08
  That's their central bank. They now have 420 tons of gold.
• 29:12
  That's getting up there. OK.
• 29:15
  The top countries they ranked now is one of the top countries
• 29:18
  in the world when it comes to gold reserves, quote, Poland has
• 29:24
  entered the club of the world's largest gold reserve holders, he
• 29:28
  announced. But here, strategic goals for
• 29:31
  Poland's gold reserves. The governor confirmed the
• 29:34
  National bank's objective of raising gold to 20% of its total
• 29:38
  foreign exchange reserves. He says, quote, this move will
• 29:42
  align us with the world's leading economies.
• 29:45
  He noted currently gold constitutes approximately 15% of
• 29:49
  their assets. Guys, guys, we haven't talked
• 29:52
  about this for a month, OK? It kind of got beat to death,
• 29:56
  right? I mean, did you ever get sick of
• 29:57
  hearing this? Central banks are buying gold.
• 30:00
  Central banks are buying gold. I'm down here in the basement
• 30:03
  everyday. I'm like a puppet.
• 30:04
  I had a puppet, you know, wait a minute.
• 30:06
  I found a puppet mysteriously on the floor down here the other
• 30:09
  day. Hold on a second.
• 30:10
  What did I do with it? Here it is.
• 30:15
  Make one of Susie's cats even Winnie the Pooh.
• 30:21
  It's OK. We're going to have some fun
• 30:22
  today. Even Winnie the Pooh says,
• 30:25
  right. Central banks are buying gold.
• 30:27
  Oh, he's a golden bear. Look at him.
• 30:29
  Central banks are buying gold, right?
• 30:31
  Why is that a big deal? I don't know where that thing
• 30:34
  came from. It was just sitting on the floor
• 30:36
  in the basement. It's a big deal that central
• 30:40
  banks are buying gold because central banks are the most
• 30:43
  sophisticated financial institutions in the world, OK?
• 30:48
  They have access to more inside information when it comes to the
• 30:52
  world finances than anybody. So when we have China's central
• 30:57
  bank, when we have India's central bank, when we have
• 31:01
  Poland's central bank, when we have, I don't know, the list
• 31:05
  goes on and on. They're not, they're not buying
• 31:08
  Bitcoin. No.
• 31:10
  What are they buying? What are all these central?
• 31:12
  Think about it, man. We haven't talked about this for
• 31:14
  a while. This is like a double bonus day.
• 31:18
  We had so much room for in sentiment to improve with
• 31:21
  investors for gold and silver. But on top of that, guys, the
• 31:24
  central banks of the world are stockpiling gold, OK?
• 31:32
  I mean, that's like that's like a hot stock tip from Warren
• 31:37
  Buffett or something like that. Think about it.
• 31:40
  That's what's happening right now in our world, right as we
• 31:45
  move into this period of unbelievable uncertainty.
• 31:48
  Let's talk about what Citibank, hold on here.
• 31:51
  I want to pull up a slide for you so we can visually see
• 31:55
  what's going on. Here we go.
• 31:57
  Let's talk about this guy. OK?
• 31:59
  His name is Max Leighton, OK, he is.
• 32:05
  Let me tell you what Max is. Max is the global head of
• 32:07
  commodity research at Citibank. Max was previously a managing
• 32:12
  director and head of European commodities research at Goldman
• 32:17
  Sachs. OK, He was on CNBC in America.
• 32:21
  He was on CNBC in India over the last month, even just very
• 32:25
  recently, I believe it was the CBCNBC India.
• 32:28
  Gold and silver are strong. He says he has a a price target
• 32:34
  for gold, $3000 in the next six months, OK Silver, $40 in the
• 32:41
  next six months. Why?
• 32:43
  OK? Because both gold and silver
• 32:45
  have been strong despite a number of major factors that
• 32:49
  were working against them. A number of major headwinds
• 32:52
  pushing against things like higher interest rates, right?
• 32:57
  We had strong payroll numbers because by Dynamics it's it's
• 33:00
  even working after they lost the elections by Dynamics just keeps
• 33:03
  on working. Yeah sure, whatever strong
• 33:07
  payroll numbers until they revise the numbers down in the
• 33:10
  subsequent months or years. Cuz don't forget guys, we just
• 33:14
  learned that between March of 2023 and March of 2024, the jobs
• 33:18
  numbers they gave us were overstated by at least 800,000
• 33:22
  jobs. Unicorn part does make believe
• 33:24
  jobs. I'm wondering all those people
• 33:27
  that had these make believe jobs, were they getting make
• 33:29
  believe paychecks? I digress.
• 33:31
  Also another factor working against gold and silver, gold in
• 33:36
  particular were lower Chinese that supposedly the Chinese
• 33:40
  central bank stopped buying. OK, but he brings up a very
• 33:43
  interesting point, right investment demand and I'm I'm
• 33:47
  adding some to this as well. Investment demand for gold in
• 33:52
  particular and silver. Have you noticed this keeps
• 33:55
  shifting from source to source right.
• 33:58
  The Eastern Chinese were were big buyers and still are.
• 34:02
  And then the Western investors started to pick up Western even
• 34:06
  like Poland, like we're seeing with them buying gold and moving
• 34:11
  from category to category, going from central banks to individual
• 34:15
  investors. OK, then he had something very
• 34:18
  interesting. Let's bring him back up to say
• 34:20
  about silver. He said silver, no matter how
• 34:24
  you adjust the numbers, meaning they looked at different supply
• 34:28
  demand scenarios and he was like, look guys, no matter how
• 34:32
  you adjust the numbers, we still see $40 silver.
• 34:36
  And he, you know, he made, he said like 38 to 40, but I like
• 34:39
  40 better. I'm sure you do too within the
• 34:42
  next 6 months. All right.
• 34:44
  And at the end of the day, guys, let's go out here at the end of
• 34:49
  the day, we know one thing for absolute shore, the value of of
• 34:54
  of the silver gold will continue to go up.
• 34:56
  Let's go do a quick check on the dollar index.
• 35:00
  And I don't think that is up to speed.
• 35:04
  How come I can't refresh this? Where did the my little refresh
• 35:07
  button go? Well, let's see here.
• 35:09
  Let's go to let's see what the dollar index is doing here one
• 35:14
  day. Nope.
• 35:15
  Let's go to five day. OK, it's down a little bit, but
• 35:20
  we're still super high on that dollar index that is working.
• 35:24
  I just want you to remember, no matter if Max says it or I say
• 35:28
  it, no matter who says it, the value of the paper dollars.
• 35:32
  I won't show you the paper dollar, the value of the paper
• 35:36
  yen, the value of the paper euro, the Swiss, whatever what
• 35:40
  you know any, any of these paper Fiat currencies, G7 currencies,
• 35:47
  OK, They're just they're just like competing against each
• 35:50
  other. It's like the B team or the C
• 35:52
  team, right League, right. They're just competing against
• 35:55
  each other and they are all this is critical.
• 35:59
  Take a deep breath and repeat after me.
• 36:02
  They are all simultaneously at the same time debasing
• 36:08
  themselves, printing, right, becoming worthless.
• 36:12
  So they can all say, oh, I'm worth they they can compare
• 36:14
  themselves to each other, but at the same time they're all
• 36:18
  debasing themselves. This, my friends, cannot debase
• 36:22
  itself. I've tried.
• 36:24
  I've tried photocopying it. You can't print this, sorry,
• 36:28
  right? You can't print gold.
• 36:30
  That's an absolute, absolute fact.
• 36:34
  OK, you know, are we headed for a recession?
• 36:37
  I'm going to have Oren from the Silver Hermit on next week.
• 36:41
  But he brought up a really, really fascinating chart that I
• 36:46
  want to show you right now that indicates that we could almost
• 36:50
  in uncertain terms be headed towards a recession.
• 36:54
  Hold on here. Bye bye Max.
• 36:56
  Everybody say bye Max bye Max. We appreciate you and we're
• 37:00
  going to, we'll bring pull you back up when we get to.
• 37:04
  There's SpongeBob, there's that little girl that's my cousin.
• 37:07
  We grew up together and that's his little 3 year old daughter.
• 37:10
  And here, let me show you this. Let's have some fun.
• 37:13
  Oh, then I got to show you that I got a couple things you're
• 37:15
  going to get mad about. There she is right there.
• 37:17
  When I told her paper dollars were more valuable than silver,
• 37:21
  that's what she did. She cracked up.
• 37:23
  OK, let's let's go talk about the oncoming recession.
• 37:27
  Spongebob's probably one of the best guys.
• 37:29
  Doesn't he look like SpongeBob? He gets mad when I say that, but
• 37:33
  we grew up together like literally 5 minutes.
• 37:36
  Our moms or sisters. OK, where did it go, Oren?
• 37:40
  I don't know. Slide 18.
• 37:43
  Oh, I screwed that one up. OK, I'll, I'll pull it up.
• 37:46
  Let me make sure I don't have it here.
• 37:49
  Nope. Nope, that's not it, is it?
• 37:52
  No, that's the CPI. Look at that.
• 37:54
  We'll talk about this briefly. We talked about this last night.
• 37:57
  This is a chart showing inflation since the year 1800.
• 38:03
  OK, did you notice something here?
• 38:06
  Between 1800 and when the Federal Reserve was founded, we
• 38:10
  actually had inflation that was decreasing since the Fed was
• 38:15
  founded in 1913 and has done nothing but explode higher.
• 38:20
  This was when the dollar was backed by silver and gold,
• 38:25
  basically 100%. We had like $20 gold coins.
• 38:28
  I'm not a gold guru numismatic guy.
• 38:31
  Silver obviously was part of our money for long periods of time.
• 38:35
  I'll tell you the other thing around this time is when that
• 38:40
  book, first it was a book the Wizard of Oz was written and
• 38:43
  then subsequent to that, the movie was created.
• 38:46
  It was all about the battle between silver and gold and the
• 38:50
  big nasty. Oh, it you got to dig into it
• 38:53
  sometime. I, I won't go into it then that
• 38:55
  now, but it was all about the battle between silver and gold.
• 38:59
  The average man, the working the farmers and Kansas and and the
• 39:03
  big British Bankers. And they did.
• 39:05
  The bankers did some nasty, nasty stuff, including including
• 39:11
  creating the United States Federal Reserve.
• 39:13
  I'm sorry, that's just a fact. And even Woodrow Wilson, we
• 39:16
  showed his quote last night after he had signed of the
• 39:19
  legislation to create the United States Federal Reserve, said
• 39:23
  that it was the biggest mistake of his life.
• 39:25
  Hey, thank you, Dan W Thank you for the incentive.
• 39:29
  Yes, it does help. Yes, thank you, Dan, helping to
• 39:33
  incentivize Ron to keep it up. OK, let's move on.
• 39:39
  This is crazy. This is why we could see like a
• 39:42
  big collapse on our country. And this is I actually downright
• 39:45
  angering. We're going to talk about wealth
• 39:47
  disparity and stay with me on this, right.
• 39:49
  And this goes along with the Wizard of Oz thing, the book and
• 39:52
  then the movie like what, 100 years ago or more that the
• 39:56
  middle America, if you're part of a middle America, protect
• 40:00
  yourself with gold and silver because the big bankers are out
• 40:05
  to get you and wait till you see this.
• 40:07
  This made me. Very, very angry.
• 40:11
  Let me just start with this. Yes, breaking news for you.
• 40:14
  This comes from a Time magazine article from four years ago.
• 40:19
  This is four years ago. The top 1% of Americans have
• 40:23
  taken 50. The top 1%, one in a hundred
• 40:26
  Americans, they've taken 50 trillion from the bottom 90%.
• 40:32
  And that's made the United States less secure.
• 40:35
  OK, now, but wait, there's more. This, I just want to warn you,
• 40:40
  if you have high blood pressure and you get mad easily angry,
• 40:43
  don't watch this next segment, OK?
• 40:47
  Because I want to show you first this and then there's a slide
• 40:52
  that is going to blow you away, OK?
• 40:55
  Now this comes from that, Fred, I think is the Federal Reserve
• 40:59
  of Saint Louis and I forget who I got this from.
• 41:05
  Notes added by Charles Hughes Smith Afton wins.
• 41:08
  OK Total assets held by the point 1% in the United States.
• 41:14
  The point O 1%, I apologize. Let me remind you, 1% is one in
• 41:20
  100. So point O 1% would be one in
• 41:25
  10,000, is that right? If 1% is one in 100.1% would be
• 41:31
  one, Yeah, one in 1000 people. This shows OK.
• 41:35
  The red line shows if the top one in 1000 people.
• 41:39
  Well, they kept pace with inflation.
• 41:42
  It should have been from 1990, should be about 4.3 trillion
• 41:47
  instead, right? The top one in 1000, the
• 41:50
  billionaires now have $20 trillion.
• 41:54
  But that's not, that's not the crazy thing, guys.
• 41:57
  That's not the crazy thing. This is going to, I'm, I'm
• 42:01
  warning you again, if you have high blood pressure or a bad
• 42:04
  back or anything like that, I have a bad back.
• 42:06
  Don't watch this next segment because this, my friends, is
• 42:10
  absolutely sickening. What is going on in our country.
• 42:15
  OK, this chart, this pie chart shows the share of stock
• 42:19
  holdings. This is like all the stocks in
• 42:22
  the United States. And think of all the stock
• 42:24
  market. Well, there's a big pie, and
• 42:26
  you're looking at that big pie right now.
• 42:30
  OK, The bottom 50%. Think of 100 people.
• 42:35
  I want you to think of 100 people.
• 42:36
  I wish I could get this thing. I can't see the bottom of it.
• 42:39
  Hold on here. Does that work?
• 42:41
  No, Hold on. Nope.
• 42:44
  Hey, Max, good to see you once again.
• 42:46
  Oh, shoot. Hold on here, guys.
• 42:50
  What the heck? We're going to get back to it.
• 42:54
  Give Ronnie a second. Hold on.
• 43:00
  I went the wrong way. There we go.
• 43:02
  OK, I'm sorry about that, guys. So look at the at that.
• 43:05
  That's 100 that, OK, that pie, let's start over, represents all
• 43:09
  the stock market wealth in the United States right now.
• 43:13
  OK, so think of it like a big pie.
• 43:15
  I want you to think of 100 Americans that would represent
• 43:19
  the entire country, OK, the bottom 50%.
• 43:23
  So 50 out of 100 Americans would own just that little sliver at
• 43:28
  the top, that little blue sliver.
• 43:30
  OK, barely a bite, fairly even. A taste of the whole pie.
• 43:35
  That's the bottom 50% of Americans, 50 out of 100.
• 43:39
  That's all they own. Is that little blue spot.
• 43:42
  OK, the next. OK, so that's 50 out of 100.
• 43:46
  You add another 40 people to that number, so 90 out of 100.
• 43:52
  And you add these two green sections, so 9 out of 10 or 90
• 43:57
  out of 100 of Americans, OK, just own this little bit, which
• 44:02
  is what, maybe 10% of the entire amount, OK?
• 44:07
  That means that the big red section, OK, And the big Gray
• 44:12
  section, again, that's all the United States stock market
• 44:16
  wealth. 10 out of 100 of the people, one in 10 own that great
• 44:22
  big section, 1 in 10 Americans own.
• 44:25
  I mean, that's probably 90%, but it's even more insane when you
• 44:31
  consider the Gray section. Half of all the stock market
• 44:36
  wealth in the United States is owned by just 1%, or one out of
• 44:42
  those 100 people. So one out of 100 people own all
• 44:47
  this amount, half of the pie, right?
• 44:49
  They can feast away. They're they're doing great.
• 44:51
  Remember that last chart that we just looked at wrong 10 there.
• 44:56
  I got to go to that as well, right?
• 44:58
  That's the that's one in one in what 1000 Americans, that's
• 45:02
  their wealth that went up, right stole like Time magazine said
• 45:06
  four years ago, 50 trillion. God only knows what that number
• 45:11
  is now. It one in 100.
• 45:15
  OK, 10 out of 100 own the big Gray section and the red
• 45:20
  section. It really is truly sickening
• 45:22
  that I forgot about this. I got a great comment from one
• 45:25
  of you, one of the basement dwellers that said the 1% has 60
• 45:31
  trillion in wealth. Think about that one 1%, one in
• 45:35
  100, no now going on 70 trillion.
• 45:39
  They are very happy, right? They own NVIDIA, they own all
• 45:42
  the real estate, they own all the land, OK, they're real
• 45:45
  happy. They pay some income tax.
• 45:48
  And Warren Buffett has said right, like I pay a higher tax
• 45:51
  rate than my secretary and and Warren Buffett, I give him
• 45:54
  credit, has called out that this wealth distribution sickening
• 45:59
  situation we have in this country is completely unfair.
• 46:02
  I think Bill Gates may have said that as well.
• 46:04
  But anyway, they do pay some income tax, but no Social
• 46:09
  Security or Medicare, right? The slaves pay that.
• 46:14
  I'm part of it. I call myself that.
• 46:16
  They simply suck us dry and pay little back.
• 46:20
  Thank you, Dan. WO is that Dan W that gave the
• 46:23
  Super chat today? It is that's a pure coincidence.
• 46:27
  Thank you Dan for that great comment and thank you Dan for
• 46:30
  that great super chat. So, right, look at this chart,
• 46:34
  guys. This is the entire wealth in the
• 46:36
  United States. This is the amount, the red and
• 46:39
  the Gray, that nine, I'm sorry, one out of 10, the other 9 out
• 46:44
  of 10 people, me and you, we get this little bit in that little
• 46:48
  blue part right there, right? That's what 50% of the people
• 46:53
  get. Hardly nothing.
• 46:55
  It really truly, it's like this, right?
• 46:58
  It's not fair. And I can say that it's still
• 47:00
  America. I'm still protected by the
• 47:02
  United States Constitution, right?
• 47:04
  The powers that be may not like it, but it's really not fair.
• 47:08
  And at some point people just give up.
• 47:10
  People get so angry. The system is so stacked against
• 47:15
  them. What made this country great, I
• 47:17
  firmly believe is that it what we had gold and silver backing
• 47:22
  our money, right? That period that we looked at
• 47:25
  right from roughly 1800 to 1900, one of the greatest periods of
• 47:30
  of progress and and and and advancement of any civilization
• 47:35
  in the history of the planet. Because you know what we had
• 47:38
  real money. If a guy went out and worked an
• 47:41
  hour and made this back in the year 1825, it held its value,
• 47:47
  right? It held its value.
• 47:49
  Now the whole system's a bunch of Unicorn fart dust and smoke
• 47:53
  and mirrors and blah, blah blah and leverage and credit, and
• 47:57
  it's a big, big, big, big mess. And I can say that that's what I
• 48:02
  believe. Maybe you don't agree with me.
• 48:04
  That's OK, But what made this country great was probably
• 48:08
  nothing's perfect, but it was a much more fair and level playing
• 48:14
  field. During that period when we were
• 48:16
  backed by by real metal, our money system was was backed by
• 48:21
  silver and gold, right? It created a level playing field
• 48:26
  where people were paid off for hard work.
• 48:28
  Well, now you got people, don't you know, I know people that are
• 48:31
  working two jobs 8090 hours a week just to make ends meet,
• 48:35
  driving Uber, driving Lyft, working a full time job, working
• 48:39
  at AI mean whatever. It's really a shame.
• 48:41
  I'm sorry I got off on a tangent.
• 48:42
  That's just what I believe. I also believe we're going to
• 48:45
  get higher silver and gold. Let's go do a quick update on
• 48:48
  the silver and gold price. Before I do that, I do want to
• 48:51
  say thank you, the channel sponsor, First Mining Gold,
• 48:55
  Canadian gold developer with two multi million ounce projects,
• 48:58
  gold in the ground in Canada. OK.
• 49:01
  They're development stage, they're working through the
• 49:04
  permit process and Fortuna Mining.
• 49:07
  They're an active mining company producing silver and gold in
• 49:10
  Latin America and an expanding gold project profile in West
• 49:16
  Africa. Mining stocks are risky.
• 49:19
  I'm not giving financial advice. All stocks are risky.
• 49:22
  Life is risky in general. Those are two companies that I
• 49:25
  personally own. You can learn more about them at
• 49:27
  their respective websites, a link to which I have in the
• 49:30
  description of this video. Let's go do a quick update on
• 49:34
  the silver and gold price. Let's take our blood pressure
• 49:38
  medicine. Let's hope it's still green.
• 49:40
  We're going to press the pin backs magic button and OK baby.
• 49:44
  Silver is up $0.90, gold still up $38.80.
• 49:51
  I also want to remind you guys that I've got a giveaway coming
• 49:56
  up on December 30th. We are going to give away one of
• 50:04
  these dirty man safes and there's a promo code 10% off if
• 50:10
  you ever decide to buy one. Ron 10, you can save 10% on your
• 50:13
  dirty man safe. But let me let me come back to
• 50:16
  you here. Here's a dirty man safe I got
• 50:20
  strategically hanging from the ceiling.
• 50:23
  It's a safe that you can use to bury silver, gold, platinum,
• 50:27
  whatever you want in your backyard.
• 50:28
  You can do what the pirates used to do.
• 50:30
  The other way I like to think of it is it's like a giant seed,
• 50:34
  right? Fill that thing with silver,
• 50:36
  bury it in your yard and you know, over a decade or so, you
• 50:40
  might just have a money tree that grows up right.
• 50:43
  You get my point that that that silver in the ground is going to
• 50:46
  be going to be expanding and growing.
• 50:50
  Very interesting product. You can learn more about him at
• 50:52
  dirtyman.com, dirtymansafe.com. And don't forget we got the Ron
• 50:56
  10 promo code. Thank you to Jake from Jake's
• 50:59
  Custom Parts for helping with moderating today.
• 51:02
  Annie Oakley, the one and only, our good friend, big Tim, the
• 51:06
  Silver Shire. I appreciate you being here.
• 51:09
  Hey, it's a good day in the silver and gold market.
• 51:12
  You know the best day right now, right?
• 51:15
  Because we got to get together, hang out.
• 51:18
  You know, it's a big deal. They call it YouTube because of
• 51:21
  you. It's not Ron Tube.
• 51:23
  It's YouTube. Thanks for being here.
• 51:25
  I'll look forward to seeing you again soon.
• 51:27
  Thank you.