Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **SILVER ALERT!** You Best PAY ATTENTION to This! ⛩️ (Gold Price Also)

Transcript

**SILVER ALERT!** You Best PAY ATTENTION to This! ⛩️ (Gold Price Also) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:00
Hey guys, welcome to the basement.
0:02
Welcome to a special edition. Yes, Smitty the Silver Bear will
0:06
have his blindfold removed. We will do that at the end of
0:10
the live stream. I'm going to move him down here
0:12
for a second so I don't knock him off the table.
0:15
We don't want to mess with him. It's his special day.
0:17
But there are so many big major stories developing in the world
0:22
of precious metals right now. We are in historic times and
0:26
we're doing it together. We're getting a report that
0:30
thanks are making it hard for people to wire money to buy
0:32
silver and gold. We're going to look at that.
0:35
We have a top analyst now, a respected top analyst telling us
0:40
$500 silver is possible in the very near future.
0:44
And we want to learn why. We're going to look at that.
0:47
Big news out of China, big news out of India, big news
0:51
everywhere. The biggest news is you decided
0:53
to join me down here in the basement.
0:56
Thank you for doing that. It's been a great ride together
0:59
so far. We will continue together.
1:01
And a good way to do that is to please subscribe, hit that
1:05
subscribe button, give the video a thumbs up, turn on the bell
1:08
notifications, leave a comment in the comment section.
1:11
That's how we learn is from each other and with each other.
1:15
And super chats are never, ever expected, please, but always
1:20
super appreciated. So let's get started.
1:23
And again, old Smitty, and there's a little surprise
1:25
underneath that, underneath that blindfold, Old Smitty is going
1:29
to get his silver blindfold off at the end of the show because
1:33
yes, indeed, we did close on the spot price in silver on Friday
1:39
over $85. You know what, let's go take a
1:41
look at that first and then we've got a ton of things to
1:45
look at here. But here we go guys, hold on one
1:48
second. Yep, we are.
1:51
Yes, we are on the spot price of silver at Kitco and as you can
1:57
clearly see, unbelievable. The weekly price, I'll circle it
2:01
for you, closed at $90.00 per oz.
2:05
Please, please don't forget that one year ago right now, we were
2:09
down here in the basement and we were talking about $30.00 an
2:12
ounce. I made a bold prediction back in
2:14
November of last year that we could get $65 silver by April
2:18
Fool's Day. Obviously, I was wrong.
2:22
No April Fool's joke with that one.
2:24
But let's talk about all these reasons and examples why we can
2:28
continue and then we'll take care of Smitty.
2:30
Let's start with China because the news and the data that we're
2:35
getting out of China is truly astounding.
2:38
Here's a simple chart from the Happy Hawaiian who compares
2:42
silver in China. The red line remains over
2:46
$101.00 and represents a $10 premium to the United States
2:51
price, which is the green line. Don't you worry, we're going to
2:53
look at it here soon. An extra bid under Western Metal
2:58
will continue as long as that arbitrage exists.
3:02
An arbitrage basically means a difference in price in the same
3:06
asset between two markets that allows people to buy it in one
3:11
market and sell it in another. So in this case, what that would
3:14
mean is these big fancy traders are buy will buy silver in the
3:19
United States or in the West and sell it in China for $10 more
3:24
per oz. That's a simple explanation of
3:26
arbitrage. But look at this chart again.
3:28
The red line represents the silver price in China, the green
3:33
line in the United States. They both are going up.
3:36
But guys, what we're getting out of China is absolutely
3:40
incredible. Let's look at the retail price
3:43
of silver in China right now. We go to Eric Young, King Kong
3:47
9888. He's a great source of
3:50
information, accurate information from the ground in
3:54
China. And if you're a retail customer
3:57
in China, this is what he has to say.
3:59
Legitimate Mainland China physical silver retails are now
4:03
quoting physical silver prices with the 13 percent VAT value
4:09
added tax included at $119.59. So what we're seeing and then if
4:17
we go down here, he points out that today in Shanghai the
4:21
here's our update from the Shanghai Gold Exchange silver
4:25
precious metal benchmark price without the value added tax was
4:29
at $100.09. The price of silver in China who
4:35
is becoming the source of price discovery is still significantly
4:40
higher than what we had in the United States.
4:43
And what does it mean? We're going to shift gears here
4:45
for a second that what is what has gone on in the silver market
4:50
has befuddled even the top, I mean, the top analyst out there,
4:56
Daniel Golly from TD Securities, right?
4:58
He's a guy who's I've got a lot of respect for, got burnt again
5:03
on trying to short silver. What is that telling us?
5:06
Let's read about what happened to Mr. Golly and TD Securities
5:09
because they tried to short silver again.
5:12
And there's a big reason why we're going to we're going to
5:15
look at this. We do not want to celebrate his
5:17
losses, but TD Securities takes a hold on here.
5:22
Here we go. Now we're on the right screen.
5:24
TD Securities from Niels Christensen at Kitco.
5:28
TD Securities takes a second hit on a silver short.
5:32
They tried the short silver a while back.
5:34
They took a huge loss. They tried again.
5:37
And wait till you hear the details of this because this
5:39
time they only lost $606,000 paper money, right?
5:44
It says blue in a note Wednesday one week.
5:47
One week after appreciating its silver short trade, commodity
5:52
analyst at TD Security said they exited the position with a in
5:57
orange 606 K loss. TD entered its short position at
6:02
78 an ounce and within one week, silver prices surged more than
6:07
19% in green. In the initial trade note last
6:11
week, Daniel Golly, who I have a ton of respect for, right?
6:15
Senior commodity strategist strategist at TD said the bank
6:21
was looking for downside momentum and silver prices to
6:24
pick up his annual index. Rebalancing was expected to push
6:29
5 billion out of the marketplace, which it did right.
6:32
That's the Bloomberg Commodity Index rebalancing.
6:35
The price of silver had gone up so much that that the
6:39
institutions were going to have to sell silver so that the the
6:44
the representation of silver in this index would come down to
6:48
it's an appropriate level. They did sell all that silver,
6:51
but in yellow. However, in his latest note,
6:54
Golly said index rebalancing has been well absorbed by the
6:59
marketplace. So what is that telling us,
7:02
right? One of the biggest potential
7:04
events. Even that guy, Steven Van Meter,
7:07
put out a big video. Silver's going to crash.
7:09
Silver's going to crash. And he's another highly
7:11
respected analyst out there, right?
7:13
TD Securities puts their money where their mouth is and bets
7:17
against Silver. Silver stands strong.
7:20
But wait, there's more. Because not only that, but we
7:24
also had the the the Comex, the CME Group raise margins during
7:30
this period and silver remained strong.
7:34
Sure, we're not at all time highs, but guys, we are at
7:37
$90.00 per oz. And for those of you just
7:39
joining me, we will take the blindfold off the Silver Barrel
7:42
Smitty, who's been blindfolded for years.
7:45
And we said we would take the blindfold off when silver hit
7:49
$85, which indeed it has. What about potential breakouts?
7:53
Let's take a look at this, OK? And oh, this is great.
7:58
This is this is actually exciting for the week coming up.
8:02
Before we do that, I do need and want to say thank you to channel
8:06
sponsor First Mint for sponsoring Ron's basement silver
8:10
specialist mint in Las Vegas, NV owned by First Majestic Silver.
8:16
The silvers mined in Mexico goes to Las Vegas.
8:20
They create world class silver bullion products like this right
8:25
one out silver round. You know, it's my favorite.
8:27
I love it. Look at the light when the light
8:29
hits it and it is just absolutely stunning.
8:33
OK. And they get shipped directly to
8:35
you from the mine to the meant to you.
8:38
I don't know of any other retail bullion supplier they can say
8:43
that, right? Literally, this is the freshest
8:45
silver that you can get your paws on from the mine to the
8:49
meant to you. Free shipping on orders over
8:51
$299. Check them out at first
8:55
mint.com. I'll show you their website for
8:57
just a few seconds and then we are going to go back to make
9:03
sure I've got the right screen. There we go.
9:05
Yep, we're going to look at a chart that is super exciting.
9:08
There it is right there. First, mint.com and if you go to
9:12
their store, you can see they have bars, rounds and other
9:17
products that are available to you directly to you from the
9:20
mine to the meant to you. And what is this telling us?
9:25
This is easy to understand from Gold Silver HQ Silver coiling
9:30
for a breakout $100. We're going to talk about $500
9:34
silver from the top analyst out there in a little bit and
9:38
actually listen to him for 60 seconds as he explains why.
9:41
But this is showing us 100 possibly coming.
9:44
That was Friday or Monday and what they are pointing out is
9:48
that here on a short term chart of silver, as you can see in
9:52
yellow, we are in a wedge pattern and as far as I can tell
9:56
we are still in that. That will resolve one way or the
10:00
other. OK, up or down.
10:02
Now remember guys, anything can happen.
10:04
I think it's going up and I believe it's going up and I
10:07
believe we are going to see 304 hundred $500 silver.
10:12
But we can have some volatility. But the way a wedge pattern
10:15
works is right, eventually the price right as time goes on,
10:21
this is time heading this way. That's the price eventually,
10:25
because it comes to a point, it's either going to go up on
10:28
that green arrow or down on the red.
10:31
We'll see what happens tomorrow night when the silver market
10:34
opens. It is going to be absolutely
10:37
crazy. The silver, I'm sorry, the smart
10:41
silver stacker. Let's talk about a squeeze.
10:43
You know what? Let's talk about a silver
10:45
squeeze. Remember that, that word, silver
10:47
squeeze. We have not had a silver squeeze
10:50
yet. We've had a prolonged market
10:53
driven by physical demand, no doubt about it.
10:57
OK. As for fun, we like to say down
11:00
here in the basement we've had a silver squeeze, OK, over a long
11:08
period of time, but not not a squeeze, maybe a micro squeeze,
11:12
maybe a semi squeeze, I don't know, but not a silver squeeze.
11:16
We could. And at this point if we're to
11:18
see if we saw a squeeze in the silver market, we would talk
11:23
about silver going up unbelievable amounts and an
11:26
incredibly short period of time. But the smart silver stacker put
11:31
out in really awesome graphic that talks about the factors
11:35
that are leading up to a silver squeeze.
11:38
He said, this is what we're dealing with right now.
11:41
Excuse me, as silver approaches $100 spot price, silver squeeze.
11:47
Let me pull that up on the full screen.
11:49
We'll run through these correct quickly.
11:51
Direct pressure on the physical market.
11:54
Shanghai silver price nears $100.
11:56
That arbitrage that we talked about earlier, the US meant, Oh
12:00
my gosh, I need to talk. We're going to talk about this
12:02
later too. Apparently Silver Eagles on the
12:05
US Mint site selling for $170 will dissect that and see if
12:10
that's actually true and talk about what the what the Chinese
12:14
meant is selling their silver pandas for as well.
12:18
But nonetheless, that shows sign of stress in the market.
12:21
They can't even adjust to this new price of structure. the US
12:25
Mint, the CME Group, right, we haven't talked a lot about this,
12:28
but this is big. They, but they, they're
12:30
launching a $100 silver futures contract.
12:34
And what they're trying to do is to get retail to buy more paper
12:39
silver instead of buying real silver.
12:42
We've got a looming macroeconomic storm with the
12:45
Japanese, Japanese carry trade in, the Japanese soaring bond
12:49
yields. And then of course, right guys,
12:52
QE, I'll sum it up for you. What he says here, basically
12:55
money printing. Let's be real, OK, let's be
12:58
real. We're going to, we're going to
12:59
look at some paper money a little bit later as well, the
13:02
new one, the new $100 bill. But there's no way out right now
13:09
from the monetary and fiscal situation that the United States
13:13
is in without essentially whether you want to call it
13:16
money printing, dilution of value of the dollar, whatever it
13:20
is, the level of debt, the level of interest expense.
13:23
The deficits that we continue to run are creating a debt spiral.
13:28
And that will result in, again, whether you want to call it QE,
13:32
money printing, dilution of the dollar, whatever the case may
13:35
be, it's going to be a massive, massive think about this.
13:40
This is this. Put your thinking cap on and
13:43
join me for a little mental exercise, if you will.
13:47
Since 1971, when President Richard Nixon temporarily took
13:51
us, right? I was one year old.
13:54
I was pissed. My mom said I cried that whole
13:56
day, took us off the gold standard.
13:58
The the value of the dollar has gone down by 99% versus gold.
14:03
OK, But think about that was from 1971 through today, which
14:08
is what, 55? Yeah.
14:09
I'm 55 years old, 54 years, OK. Those were that happened that
14:14
way that that that occurred, OK, that that loss in value in the
14:18
dollar occurred during a period of time when we were
14:22
accumulating the debt. We didn't have all that debt
14:26
back then. It was all being accumulated.
14:29
So think where we are now, don't even think about the next 55
14:33
years, think about the next five years, right?
14:36
And, and, and think about that period of time from 1971 through
14:39
now where we basically China was not a super, India was not a
14:44
superpower, OK. Russia was in the process of, of
14:47
going down the tubes. They've come back.
14:50
We are in a whole new world. We're moving into a whole new
14:53
geopolitical world. But we now have an unbelievable
14:58
amount of debt. We were accumulating the debt
15:00
during that period. I hope that makes sense because
15:03
that's a very powerful concept that will undoubtedly, in my
15:08
opinion, continue to provide a solid, solid tail.
15:12
No win support, however the heck you want to say it.
15:16
Higher prices for silver and gold.
15:18
OK, what else do we have here? I bad news for you.
15:23
And yes, for those of you who are just joining, we will take
15:26
the blindfold off the silver bear Smitty because silver did
15:29
close above $85 in the spot market on Friday.
15:32
But I got some bad news for you that actually is going to turn
15:36
into good news. We aren't in a bull market for
15:40
silver. And Alex, I'll show you why
15:42
right now. Our friend Rashad, who I think
15:44
is maybe one of the more underappreciated analysts out
15:48
there in the precious metals world, said it himself.
15:51
Rashad, what are you saying in yellow?
15:54
He says that. Hold on here.
15:56
Yep, here we go. Most of the investors do not
16:00
realize that silver is not in a bull run.
16:04
Oh no, right, we haven't seen a squeeze.
16:07
We're not in a bull run. No, it is in a price reset.
16:12
That is absolutely true. I absolutely agree with them and
16:16
I wonder how you feel about that.
16:18
Classic analysis and approach won't work.
16:21
Here we are in a completely new reality and that my friends, is
16:27
the fact because the price of silver, think about it right,
16:32
The price of silver and gold, but not to the extent that
16:35
silver was the price of silver was managed down for decades.
16:40
It's been proven. OK, we've got a WikiLeaks
16:43
documents that came out from when they when they created the
16:47
the paper futures markets. We've had people that spent
16:50
their entire career, that guy Ted Butler.
16:53
I think it is proving that the silver price, we've got court
16:57
cases where JP Morgan was convicted of manipulating the
17:01
silver price. So what we're seeing now isn't a
17:06
bull run. It's really just at this point I
17:10
would say, and I'm curious what you think still just the price
17:14
getting to where it should be. And then when you look at all
17:18
the other factors, the monetary fiscal factors that we talked
17:21
about and the supply and demand factors, are you getting a warm
17:26
fuzzy feeling in your little silver heart?
17:28
Because I am, That's what we're talking about.
17:31
OK, this isn't, it is a bull run.
17:34
But what he's saying is so true. What we're seeing right now is
17:38
just the recognition of the suppression that we all endured
17:42
together. We went through the valley of
17:45
despair for years and years. I've been following silver very
17:49
closely for over 2 decades. A lot of you have as well.
17:53
Some of you are new welcome. OK, you're early in my opinion.
17:58
OK, If that's a super, super exciting fact that we want to
18:02
invite before I before I go any further, thank you First Mining
18:07
Gold for sponsoring Ron's basement.
18:09
OK, They're a gold development stage company with two huge
18:12
projects in Canada, millions and millions and millions of Oz of
18:18
gold in the ground in Canada. They're working 2 projects,
18:23
Spring Pole in Ontario and Du Parquet located in Quebec, OK
18:28
through the development stage. It's exciting, it's catalyst
18:31
Rich and there are not a lot of big, big projects like that in
18:36
good jurisdictions. They have to, they're in Canada.
18:39
You can learn more about the company at firstmininggold.com.
18:43
And Please remember, I'm not a financial advisor.
18:46
Do your own research, all that great stuff.
18:49
But in in Full disclosure, it's a stock that I owned long before
18:54
long, long before they sponsored Ron's basement.
18:57
I love the company and and the people there I think are
19:01
absolutely top notch. So check them out.
19:04
firstmininggold.com. OK, what else is going on here?
19:07
We got more. OK, all again, there's this big
19:10
controversy in the silver community right now about the US
19:14
Mint selling eagles for $170. We're going to get to that next.
19:20
Before we do that, what's interesting.
19:22
Congratulations. Do you own any American Silver
19:25
Eagles? Because if you do, here's one
19:28
right here able to find one, borrow one, OK, If you own that,
19:34
that is the new $100 bill. That paper money, there's $100
19:41
bill. I had to borrow that from
19:42
upstairs. Susie, by the way, upstairs,
19:44
Susie, everybody please say hi to her.
19:46
She is out with the kids, taking care of the kids.
19:49
So I'm, I'm flying solo today. But I do see that I have the
19:52
microphone on and she did let me borrow one of her hundos.
19:56
OK, This let me think about this.
20:00
Can you believe it that the American that upside down, Yep,
20:04
it's upside down. Sorry, this this is the new
20:09
this. I went out and looked at SD
20:12
bullion, right? They always have great prices.
20:14
They're known as being one of the best price bullion dealers
20:17
out there in American Silver Eagles.
20:21
It's at as low as like $101.00, right?
20:24
That means you got to buy like 15 zillion of them and pay with
20:27
cash. But it's not just them.
20:28
It's all the bullion dealers are selling American Silver Eagles
20:33
for $100. Now there's this big controversy
20:36
about the US Mint. Let's dig into that and see if
20:39
there's any meat there. And I'll tell you what I've
20:42
learned about that situation because apparently I didn't want
20:45
to pull up anybody's particular post because there's a lot of
20:48
controversy out there about this right now.
20:52
And here it is. OK, this is from the US Mint
20:58
website. And as you can see, they've got
21:03
2025 Eagle Proofs for $173, American Eagle 2024 one ounce
21:10
silver proofs for $173, OK? And people like, oh, the Mint's
21:15
selling eagles for, well, those are proof coins and proof coins.
21:19
I'm not a coin collector. Good for you if you are.
21:21
I'm not a numismatic or anything like that.
21:23
I'm like a pure silver guy. I love the but I'm not one who
21:27
tries to buy coins that are going to be worth more or rare,
21:30
whatever. But that's what these proofs are
21:32
for, right? They're like a higher rated
21:35
level of the coin, however you want to say it.
21:37
But what's interesting is that they've got American Eagle 2024
21:42
one ounce silver uncirculated coins.
21:45
That does not say proof, that just says uncirculated and those
21:50
are selling for $169 each. There's people out there that
21:58
said they like ordered some of these, I don't know like early
22:01
last week and then their orders got cancelled and and then they
22:05
were offered to be able to buy them for that amount.
22:07
I don't know, but it minimum it's very, very curious what's
22:11
going on with the Mint and their pricing right now.
22:14
The other thing I want to point out to you is if you look up
22:17
here also not available, not available, not available, silver
22:26
gone. OK, but it's not just there
22:28
because then again, a guy who we have a ton of respect for what's
22:33
going on with China in their in their sovereign coins.
22:37
The People's Bank of China, we got it.
22:40
Yep. OK.
22:41
The People's Bank of China Panda, that's called the Silver
22:44
Panda, which you pretty much can't get in the United States
22:46
anymore. Silver coins are now selling at
22:49
around 177 U.S. dollars per Troy oz equivalent.
22:55
Now this gets very interesting. They were selling at $129 and
23:00
that's what people said about the US Mint coins as well, like
23:03
they were selling at, I don't know, $99.00 or $89.00 just
23:07
earlier last week. And then the prices got, you
23:10
know, pumped up if a lot, let's say the word what we just looked
23:14
at. And that's the same case here
23:16
with the People's Bank of China and the Panda coins.
23:19
They were, they're currently at 177 U.S. dollar equivalent.
23:23
They were just at $129 on Friday.
23:27
OK, today's what Saturday it, but it gets more interesting in
23:31
red because these 30 Grand Panda coins are bullion, not special
23:37
editions or proof coins. And then he goes through the
23:42
math and and shows that and he's a very reliable source of
23:46
information when it comes to silver in China.
23:51
I skipped forward on us here. Hold on one second.
23:56
Hold on one second. You want to hear about $500
23:59
silver? Hold on, guys.
24:02
Upstairs Susie is not here. We're having some tech issues.
24:05
I hope you can see me and hear me still.
24:08
Oh, boy, things go off the rails when my old trusty companion
24:12
upstairs, Susie, that's my wife. She did say give everybody a
24:15
high 5. We are going to take the
24:17
blindfold off Smitty the silver bear here in just a few seconds.
24:21
OK, but $500 an ounce silver possible within the next few
24:29
months, I think he says a handful of months.
24:32
This is one of the most respected by far analyst in the
24:38
precious metal sector. I've been following this guy
24:41
probably I can say now for decades.
24:43
I'm getting old. We're all getting older, right?
24:46
But I can tell you what's critical.
24:49
The reason why I always listen to him is because I remember
24:53
listening to him many times where he would say I think the
24:56
price of silver is going to go down or I think the price of
24:58
gold is going to go down. And I was like, Michael, no, no,
25:02
don't say that, right? You know what it was like the
25:04
valley of despair that has precious metals.
25:06
Well, now he's talking about the possibility of $500.00 an ounce
25:11
silver. And this is new and we're going
25:13
to listen to it right now about a minute of what he has to say.
25:17
Listen closely. Hold on, here we go.
25:22
I've got you on the right screen.
25:24
And because it it, we're going to start right here at the 15
25:28
minute, 56 second mark. Prior to this, he was talking
25:31
about the previous rallies and silver 2011 and I believe 2020
25:38
around the C-19 crisis as well and how they were rather short
25:43
lived and more spiky in nature. But then listen to what he says
25:47
about what is happening right now.
25:49
This is a treat for our ears. Dynamically for a couple
25:54
quarters, OK, we've now blown out the old archival 5044
26:00
dollars to 50 dollars, $4.00 to $50 range that persisted for 1/2
26:04
century while most markets were well above that comparable
26:08
range. By the way, copper, even lead,
26:11
gold never stopped at the 1980 high and 2011 and went way above
26:15
it. Silver did OK and silver only
26:18
just recently went through that box.
26:20
Silver is stating to us long term momentum and its relative
26:24
valuation levels that it's going to entire entirely new reality
26:30
and I'm going to suggest the following.
26:32
In the next handful of months, expect to see silver in the
26:35
couple hundreds and quite possible the three to 500, and
26:43
also see those old spread relationships between silver and
26:46
gold. 6 1/2% of the price of gold, 3.1% of the price of gold
26:51
to be challenged and possibly even taken out.
26:55
You do the math on that. If gold were to merely replicate
26:59
it's old eightfold move and go to a high this year, let's say
27:03
8000 or something, I think it'd go way past that.
27:06
But let's just assume it does it again, OK?
27:09
Ho hum, what's 3% of 8000? What's 6 1/2% of 8000?
27:17
OK, did you hear what I heard? OK, I took some notes.
27:22
We are in a new reality for silver, a new reality for gold
27:28
in the next couple of months, handful of months, there's a
27:32
possibility we can get the 300 to $500 silver price.
27:37
But what he says that's even as exciting or more exciting about
27:41
it all is the relationship between gold and silver.
27:45
Silver being what, what it, what it, you know, silver's
27:48
percentage price of gold right now, which is maybe what two, 3%
27:52
that that could change, right? That relates to the gold to
27:55
silver ratio. So buckle up guys, we are in a
27:58
new, new reality and it's time for us as part of this new
28:02
reality to take the blindfold off our old friend Smitty.
28:06
I want to say thank you to you guys.
28:08
OK, Smitty's not blindfolded. If it's not for you.
28:11
The community of people in silver and gold who have
28:14
supported this channel. I think we have more than 70,000
28:17
subscribers right now. By the way, if you've not
28:20
subscribed, please do so. But today's a big, big day.
28:23
I never would have thought that we would be taking this off so
28:28
soon. I kind of thought it was
28:29
possible, but I didn't really think that it would be this
28:33
soon. OK, But I want to reiterate to
28:36
you, right? I'm down here, we get to have
28:38
all this fun. We get to do this today because
28:41
of the community of people that are in silver and gold and the
28:45
community of basement dwellers, those of us who like to hang out
28:48
down here in the basement and become friends and create a
28:51
community that have made all of this possible.
28:54
I also want to say special thank you and I won't cry.
28:56
I could cry right now, but to upstairs, Susie, my lovely wife,
29:01
you guys know her. She's the the walkie-talkie in
29:03
the basement who's usually on. I'm not here without her.
29:07
Best person and we've been married over 20 years.
29:10
Best person I've ever seen in my life.
29:13
I got some great friends out there in the silver and gold
29:16
YouTube community. Bald guy money, check him out.
29:18
You guys probably already know him.
29:20
Wonderful guy. I consider him a good friend and
29:24
I want to say thank you to him and also Pound to Gold, the
29:26
other channel where I'm great friends with Chris Marcus from
29:30
Arcadia Economics, somebody I have great deal to respect for
29:34
and help me on this journey as well.
29:37
Of course, my sponsors first mining gold first meant OK and
29:42
companies that previously sponsored me Pinbecks, right,
29:45
still a great company, a great place to check out to buy gold
29:48
and silver and Fortuna Mining great companies, still a stock
29:52
that I own. They supported me along on this
29:54
journey as well. And I think that's it.
29:58
So without further, there's a special surprise behind that
30:01
blindfold. Guys, this is Smitty the Silver
30:06
Bear. And today he gets to see.
30:10
Let me let me pull him up here for you so you can see him.
30:13
All right. And let's I'm going to carefully
30:16
pull off when let's all count to 3 together and I'll carefully
30:20
pull off the blindfold and there's a little surprise
30:23
underneath. So on the count of 3123, oh, oh,
30:28
Oh my gosh, look at his eyes. Oh my gosh, I knew there was
30:35
something special about. Hold on, there he is.
30:38
Look at his eyes. He's got 110th oz 110th oz
30:44
Silver. Britannias actually bought those
30:46
from Pimbex years ago. That are are his eyes.
30:51
I knew I was missing two of those.
30:54
And now we know. Oh, and Susie warned me she's
30:57
not here. I need to take off his handcuffs
30:58
too. Sorry, buddy.
31:00
There you go. He's been, he's been, he's the
31:04
only thing handcuffed down here in the basement, but he's been
31:07
handcuffed down here in the basement for a long, long time.
31:12
We're going to keep him around, right?
31:14
Because he's a part of our community, a part of our show.
31:17
And I think, right, I don't know, we'll have to figure out
31:20
something else to blindfold. But maybe the next one will be
31:23
$500 silver because I know that I can be sitting down here
31:27
someday in the future talking about 500 dollar silver.
31:33
I really appreciate you, each and every one of you.
31:36
I want to say thank you for the Super chats.
31:38
Hold on here. Wow.
31:41
OK, number one, Disco laser. Yeah.
31:44
Disco laser. So glad I caught you live
31:46
finally. Hey, thank you.
31:47
Yeah, usually I do my shows earlier in the day.
31:49
So thank you, disco laser for that super chat.
31:52
And oh, hold on. I won't be able to read this.
31:56
Oh, yeah, I can. Richard Boland.
31:58
We are winning. Woohoo.
32:00
Yes, guys, we are in the new reality when it comes to silver
32:03
and gold. We are winning.
32:06
We are doing very, very well. For those of you that own the
32:09
mining stocks also like I do, it's been a a bit of a tough
32:13
road, right, Certainly a tough Rd. over the number of years,
32:16
but we are absolutely winning. Thank you Richard for the Super
32:19
chat. Let me pull up this one as well.
32:22
That one came from our friend Disco Laser.
32:24
All right, guys, have a great Saturday.
32:26
Thank you so much for being part of this community, right?
32:30
We share this bond that we have this deep, deep, deep
32:33
admiration, respect for each other and for precious metals.
32:38
OK? I'm going to look forward to
32:39
seeing you. Yes, you right.
32:43
And remember, this is only possible because of you.
32:46
I'll see you next time. Don't forget too.
32:49
If you want a fun Safeway to store things at your house,
32:52
check out Dirty Man Safe and use discount code Ron 10.
32:56
And if you want to do something nice, there's a great charity
32:59
that I love supporting called Hope Walks.
33:04
Hope Walks, they help solve the problem of clubfoot for children
33:08
all around the world. Number one, most important.
33:11
Have a great night. Thank you.
33:13
And yes, I will see you. Yes, you next time.