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The Biggest Risk to Silver Right Now 🦍🦍 (Critical Update for Gold Investors) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:01
Incredible moves in the price of gold and silver.
0:04
We're living that right now, yet we're getting warnings, in
0:08
particular for silver and in particular for the next three
0:12
days. Should we heed those warnings or
0:14
is there overwhelming evidence to the contrary and that we
0:19
together can remain very optimistic about the silver and
0:22
gold price? We're going to hear what Kitco
0:25
has to say. A respected name in the precious
0:28
metal sector above and beyond us here down here in Ron's
0:32
basement. We're also going to look at some
0:34
crazy data out of India and we're going to dig in.
0:37
We're going to make it real simple to understand what's
0:39
going on with this index rebalancing that everybody's,
0:42
there's all this fanfare, warning, warning, silver, red,
0:46
right? I've wore my red shirt going to
0:48
go down again. We're going to look at the
0:50
evidence to the contrary. The best thing we're going to
0:53
look at at is each other. Thank you for being down here in
0:57
the basement. Please subscribe to the channel.
1:00
It really helps us out. Give it a thumbs up, share it
1:03
with your friends, leave a comment in the comments section,
1:06
turn the bell notifications on and super chats are never
1:10
expected but always appreciated. And everything here is free.
1:14
So enjoy your time down here in the basement.
1:16
Really, it's not possible without you.
1:18
We're a community that loves gold and silver.
1:21
You're welcome here. A new friend in the basement
1:24
here in Saint Louis. Let's dig into what's going on
1:27
because there's a lot of big news happening right now in the
1:30
world of gold and silver. Oh, and Bark, a guy named Bark.
1:34
I'll talk tell you about him at the end.
1:36
He's saying that we could have a 25% increase in the silver price
1:42
in like the next two weeks. We'll see why he's saying that,
1:45
but let's get started. We are the people.
1:48
We have the power. Congratulations, you're
1:50
powerful. And silver has always been the
1:53
people's money. I'll tell you why that's
1:55
important. Let's go take a look at this
1:57
from Shibo. Silver fraud.
2:00
No, there's never been any fraud in the world of silver exposed.
2:05
The disconnect is painful while paper markets try to hold the
2:09
line. Excuse me, The physical world is
2:13
screaming. Now, I'm not going to vouch to
2:15
the accuracy of these numbers, but he's saying in China, 128 an
2:20
ounce, Japan 120 an ounce, Venezuela $114.00 an ounce, and
2:25
I ran $97.00 per oz. I personally think those are a
2:29
little bit skewed to the upside, but there's a big point that he
2:32
made that I want to touch on. He says the cell wall is a paper
2:36
tiger. Banks are naked, shorting a
2:38
metal that is physically disappearing.
2:40
When the vaults run dry, which they are, the paper price goes
2:45
to 0 and the physical price goes to the moon.
2:49
If you thought about that, that's something very
2:51
interesting when the vaults at the, at the COMEX in the LBMA,
2:55
the London Billion Market Association in London, England,
3:00
they've been playing with the silver and gold price for, for a
3:02
few years. When their vaults go dry, their
3:05
price goes to 0. But who cares, right?
3:08
Because the physical price is really what happens.
3:11
But what's really powerful here is that the people are taking it
3:15
back. And then he has a little graphic
3:17
there. And what's so important for us
3:20
to remember guys about this is that silver has always been the
3:26
people's money. Silver was actually used as
3:28
money before gold. The word for silver in many
3:33
languages outside of English, the word they use for silver is
3:38
the same word they use for money.
3:41
This is a physical driven rally in the silver price.
3:46
This is different. All this paper make believe
3:49
Comex LBMA and we're going to look at that here in a second is
3:53
just fluff. It's fantasy island silver.
3:55
We talked about that many times. A lot of you are around my age.
3:59
You remember in the 80's the hit TV show.
4:02
I loved it. Fantasy Island and that little
4:05
guy tattoo would go out and say boss deplane, deplane, right?
4:09
Everything was make believe in Fantasy Island.
4:12
That's what we have at the Comex in the LBMA, the exact same
4:16
thing. The big take away is silver is
4:19
the people's money right there. What's that saying?
4:22
Gold is the money of of the royalty.
4:26
Silver is the money of the people.
4:29
OK, I won't go down that path, but please always try to stay
4:32
out of debt. But debt is the currency of
4:35
slavery, whereas silver is the money of the people and the
4:39
people, right? Those lines of people we saw at
4:43
the big Orlando Coin show. If you didn't see the show, but
4:47
we did yesterday, there were just thousands of people lined
4:50
up to get into the Orlando Coin show.
4:53
People around the world in Australia, people at Singapore,
4:56
everywhere. Bullion Star guys, this is a
4:59
people driven movement. It's super exciting.
5:02
It truly is a once in a lifetime experience.
5:05
Now let's get to some hard data because you didn't just come
5:08
here to listen to me rant and ramble.
5:10
No, and I am glad you're down here in the basement with me,
5:14
but let's go here first. Our good friend Oriental Ghost
5:17
provides us an update from the Shanghai Gold Exchange where we
5:22
can see that on Friday, the price of.
5:25
I'm sorry, yeah, The price of silver, it was $83.62, the
5:30
Shanghai Gold Exchange. There's Silver AG on the
5:35
Shanghai Gold Exchange is a physical market.
5:38
Now let's compare that price. We're going to remember 84.
5:42
I have a hard time remembering non round numbers.
5:45
Let's go out here and look at the futures price.
5:48
This for those of you who are new, is the comex right?
5:53
The futures market, the real make believe leverage.
5:56
What I don't know 3-4 hundred to one.
5:58
This is for the March 2026 contract they're at.
6:02
I got to write this down. Hold on a second.
6:04
Where's my pen? So Shanghai is at 84, Comex is
6:10
at 80. I wonder what the spot price?
6:13
So that's the futures market. Let's go over and look at the
6:15
spot price next. And again, for those of you who
6:19
are new, this is on the Kitco website.
6:22
As you can see, that's the world spot price.
6:25
Here's silver and silver is 7996.
6:30
So the spot price for silver, right, the physical spot price
6:34
is indeed now slightly higher than what it is in the futures
6:38
market. That is unusual.
6:40
That's called backwardation. OK.
6:42
It's not severe, but it still is an unusual usually.
6:46
Usually the spot price, the immediate price should be lower
6:51
than the futures price. That's called contango.
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That's the normal state of any market.
6:57
When the spot price goes above the futures price, that's called
7:00
backwardation. But when you're pretty close to
7:03
the middle, we have a special term that we use down here in
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the basement where it's kind of teetering on in between.
7:09
We call it backward tango. If we have a big party, if I
7:15
show up at one of those big silver conferences, we'll make
7:18
up a a special dance while we're all celebrating with our, you
7:22
know, $945 silver jingling in our pockets per oz.
7:27
And we're going to call that dance the backward tango.
7:30
I'll let one of you more talented dance people make that
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dance up. OK, we got a lot more.
7:35
We're going to, we're going to, I'm going to explain it very
7:37
simply. I know you're sophisticated,
7:39
right? That's what Google tells me
7:41
about you, my audience. But I like to keep things simple
7:44
about this Bloomberg Commodity Index rebalancing.
7:47
Before we do that, we're going to play a special tribute to
7:51
something very important and that is India and what's going
7:54
on with India and silver. Before we do that, we're all
7:57
going to say thank you First Mint for sponsoring Ron's
8:00
basement that allows us to get together down here and hang out.
8:04
First Mint is a mint in Las Vegas, NV.
8:07
They have incredible silver bullion products.
8:11
And what's even best, Susie, she's upstairs Susie, who's not
8:14
here right now, She's taking That's that's for those of you
8:17
who are new. That's my wife upstairs Susie.
8:19
She communicates via walkie-talkie, but she's out
8:23
taking care of her 92 year old mother.
8:25
So I'm down here by myself. Oh, what I was saying is she
8:28
sent me a text, some screenshots of what you guys are saying
8:31
about First Mint. How pleased you are.
8:34
First Mint is awesome. It's a premium retail
8:36
experience. All their products are unique,
8:39
right? Like their Buffalo round, the
8:41
Las Vegas round, the year of the Dragon, the year for the Snake.
8:43
They've got the Folds of Honor campaign, which is awesome.
8:47
It actually benefits the Folds of Honor Foundation, which
8:51
provides academic scholarships to children and spouses of
8:56
fallen and disabled members of the first responder and military
9:00
communities. They've raised over like
9:02
$300,000. Here's where you go check out.
9:04
First meant, then we're going to India.
9:06
Don't forget then we're going to the Bloomberg Commodity Index.
9:11
And here we go. This is the first meant website,
9:14
firstmeant.com. Like everybody else with the
9:17
craziness in the market right now, they have some slight
9:20
shipping delays, but you do get free shipping on orders over
9:25
$299. And here's their Buffalo Round.
9:29
I love that thing here. You know what?
9:30
I've got one. I'm going to tell you what,
9:32
don't you just love silver? When I'm sitting here, out of
9:35
the corner of my eye, I see something shining at me and it's
9:39
this. This is the Buffalo round at
9:41
first, and I'm telling you it is.
9:44
In my opinion, they're probably going to get tired of me saying
9:47
this, but one of the most beautiful pieces of silver, I
9:50
call it silver artwork. I mean, I, I was talking to
9:54
somebody this morning. I don't know how you feel about
9:56
it, but like, I love all the reasons to own silver.
9:59
I love that it's generational wealth.
10:01
But what I love even more is really the beauty of silver.
10:07
I don't keep much at the house, just a couple pieces.
10:09
And honestly, I've never been a big gold, physical gold buyer at
10:13
all. I own gold mining stocks.
10:15
But still, something about silver is absolutely beautiful.
10:18
You're not here to hear about my personal likes and dislikes.
10:22
You're here to talk about why silver's on fire, OK, And we get
10:27
news out of India. India, 1.4 billion people, they
10:31
love silver and gold. It's ingrained in their culture.
10:34
They use it as money, as a way to store value.
10:37
They're basically monetizing it here in early 2026 because now
10:41
their banking system is going to allow them to use silver as
10:45
collateral. But that's not the big the big
10:48
point is this crazy data out of out of India with silver.
10:53
This comes from hold on, let's get the right is this the right
10:57
screen? Hold on here, guys.
10:59
And yes, it is Peter Spina from gold seek silver seek pointed
11:06
this out India. I'm going to tell you why this
11:08
is important. Silver ETFs added 22.54 million
11:15
ounces of silver over the last four weeks.
11:22
In four weeks, 22 million. How many weeks are there in a
11:26
year? Yeah, 52.
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So you divide 52 by 4, you get 43.
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Hold on a minute. Let's do the math.
11:35
If they were to keep up 43. Hold on, guys.
11:41
Hold on here. Hold on.
11:43
And then also the SLV and the PSLV also added another what,
11:48
14,000,000 But hold on here, this is we're going to do this
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live. I'm going to bring you back, OK,
11:54
We're going to round. I'll make sure my math is
11:56
correct. Hold on, I'll show you this in
11:58
one second. This is an incredible go to the
12:02
where's the damn phone? OK, calculator 52 / 4 equals.
12:08
I was right, 13 weeks. That's not what we're looking at
12:10
now. We want to do 13 * 22 one
12:17
231230. My gosh, if they were to keep up
12:22
that pace, which I'm not saying they are, but maybe it'll go up.
12:25
You never know. They would.
12:26
The silver ETFs in India. Can you see that?
12:30
I don't think you can see that. You got to believe me here.
12:36
Almost 300 million oz, OK, That's like what, 43% of the
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entire world's silver mining production?
12:45
India's the sleeper. Tokenization of gold and silver,
12:49
that's the sleeper. We've talked about that before.
12:51
Tune into future episodes. I'll keep talking about it.
12:54
India, OK, that's just their ETFs.
12:58
That doesn't count industrial demand.
13:00
That doesn't count China, that doesn't count all this stuff.
13:03
But I want to move on because we got a lot more to talk about.
13:06
Guys, let's talk about the warning.
13:08
Red. Oh, my gosh, the Sky's falling.
13:10
Silver's going to crash, right? Are you hearing that We're
13:13
getting all these reports, Even this guy, Steven Van Meter, let
13:17
me pull this up. This is a lot of you were
13:20
getting very concerned when you saw this.
13:24
Steven Van Meter puts this video out.
13:26
Get out now with pictures of silver melting.
13:29
Now I'm going to give you a warning, OK, but this guy has
13:33
like 300,000 subscribers on YouTube and I've watched him
13:37
before. I don't watch him as much now as
13:39
I used to years ago and he's a pretty knowledgeable guy.
13:42
But he put out this big video about how the holy poop 14
13:46
billion silver sell off starts tomorrow and he put this out, I
13:51
don't know, 2 days ago and it's all about this Bloomberg
13:54
commodity index rebalancing. Let's go to this one here and
13:59
then we'll come back and I'm, and then we're going to, we're,
14:01
I'm going to simply explain to you what this is and what it
14:04
could mean for silver and where we are in the process because
14:08
it's critical that we know this. But Silver Netug put out it's
14:12
Friday in the first of five days.
14:15
I think it was actually the second of five days where
14:18
balanced net index funds will sell off 5 to 7 in five to $7
14:22
billion in silver futures because they need to rebalance
14:26
their positions based on this. TD Securities, right?
14:30
That guy Golly, who's been pretty accurate about silver and
14:34
others, said we would see a massive drop in the silver
14:37
price, recommending shorting silver.
14:41
Well, congratulations, you are now short and the silver price
14:44
is up 3 1/2% today. We don't want to take a victory
14:48
lap on this yet, guys. But look at this little, There's
14:51
the silver grip, there's the bankers in there.
14:55
Help me, help me. OK, but let's talk about this
14:59
rebalancing where we are and, and then we're going to talk
15:03
about Niels Christensen from Kitco, what he said about it,
15:05
which is like boom goes the dynamite and then we got bark
15:09
who's telling us we could go up 25% and what the next 10 trading
15:13
days for silver. But here real quickly, I have
15:17
this for you. We'll read through it and then
15:19
I'll tell you the key thing here.
15:21
This came from Gemini, which said the 2026 Bloomberg
15:26
Commodity Index rebalancing is scheduled to run from January
15:31
8th through January 15th, which is through Wednesday of next
15:36
week and from my understanding actually started Thursday of
15:39
last week because silver's weight in the index is being cut
15:43
significantly, dropping from 9.6% to 4%.
15:47
And the reason why it's dropping is a good thing, it's because
15:51
the price of silver went up. So the the amount or the
15:54
percentage of the index that silver was taking up because of
15:58
the new high price environment that I think is permanent that
16:02
we are in became too high. So they needed to get rid of
16:05
some of the silver to more be more reflective of the entire
16:09
commodity basket. It's a basket of a bunch of
16:12
different commodities. Passive funds are currently
16:15
forced to sell billions of dollars in silver futures.
16:18
Here's the key dates. The window, the rebalancing
16:22
occurs over 5 business days. It began Thursday of last week,
16:26
January 8th and will continue through next Wednesday, January
16:30
15th. So think about that, but we'll
16:33
just read this next week. You should expect continued
16:35
technical selling pressure in high volatility through the
16:38
middle of next week is the final stages of the roll period are
16:42
completed. And finally, one more thing,
16:45
selling volume analyst estimate between 3.8 and 6.8 billion of
16:50
silver will be sold during this window representing roughly 9 to
16:54
13%. I think this is one of the key
16:57
things. And then we're going to talk
16:58
about what Neil's from, from Kitco had to say in our, he
17:03
reported in an article. But guys, the reality is number
17:07
one, hey, we went up, up. Hold on, let's get full screen
17:12
so we can see each other. Friday was OK.
17:15
This happened Thursday, Friday of last week and will happen
17:18
Monday, Tuesday, Wednesday. So we're already 40% through
17:22
this. We're almost halfway through
17:23
this period where silver was supposed to crash.
17:27
Furthermore, silver didn't crash on Friday, right?
17:32
We know silver went up in the up, up, up, up.
17:34
The price of silver went up, the price of gold went up because
17:37
this is happening for gold as well.
17:39
So warning, I will give a warning.
17:43
We're not out of the woods yet in terms of this, but it's just
17:47
it's not it's not selling because of fundamental reasons.
17:51
It's selling because they just need to rebalance the the, the
17:56
silver representation in the overall commodity index, which
18:01
has silver, gold, I don't know what else.
18:03
All kinds of commodities, probably oil, wheat, I don't
18:06
know everything OK. And silver, because the price of
18:09
silver went up so high, they were like, whoa, right, we need
18:12
to get rid of some of the silver in here because it's over
18:15
represented from a dollar perspective.
18:18
So it's only being sold because of technical reasons.
18:21
We're almost halfway through. I don't know, you know, who
18:24
knows what can happen next week. Always be responsible with
18:27
interview. I'm not a financial advisor, but
18:31
all this hubbub about Oh my God, silver's not happened so far.
18:36
And we can say that that's what we know right now.
18:39
Now next we're going to look at some powerful Niels Christensen
18:42
from from Kitco knocked it out of the park with this next
18:46
article. There's like 4 great things in
18:48
there that we need to talk about.
18:50
And we need to talk about Mr. Bark telling us that we could
18:53
have a 25% rally in silver real soon and we'll look at his
18:57
reasons why. Before we do that, I want to say
19:00
thank you to channel sponsor First Mining Gold.
19:04
It's a stock I've owned for years and years, long before
19:07
they sponsored my channel. I'm not giving stock picking
19:10
advice, stock advice. I'm just sharing my experience
19:14
with the company, which is I like what they're doing because
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they have two big massive development stage gold projects
19:22
in Canada. That's big gold in the ground in
19:25
Canada, right? They aren't mining yet, they're
19:28
in the development stage. But over $100 million easily has
19:32
been spent over the years, decades on determining that this
19:36
gold is in the ground and it's in Canada.
19:39
The big mining companies, the big active mining companies are
19:42
always needing to replenish their pipelines.
19:46
And now with this new price environment that we're living in
19:50
with gold and silver, they also want to grow.
19:53
And there aren't many big projects in Canada.
19:56
First Mining Gold has spring pull in Ontario and Du Parquet
19:59
in Quebec. You can learn more about them at
20:01
firstmininggold.com. And I always have to remind you,
20:04
I'm not a financial advisor, OK? Do your own research, all that
20:07
great stuff. What I will share with you is
20:10
what I believe. So anyhow, thank you.
20:15
All right, let's move on. Oh, yeah.
20:17
Boom, boom, boom. Kitco.
20:19
What are they saying? What did Niels Christensen say?
20:23
Kitco's one of the more respected names out there in the
20:26
world of metals. I got some stuff highlighted for
20:29
you on this one. There's our friend Niels.
20:31
We love him. Gold and silver refuse to
20:36
flinch. All right, now let's dig into
20:38
this. Talking about what's going on in
20:41
the world of gold and silver. It says in green, the resilience
20:44
of silver has been particularly impressive as short term
20:48
downside risks have started to pile up in the marketplace.
20:53
A little bit of headwinds for the silver price.
20:56
The Gray metal has bounced back from its sharp drop last week
21:00
after the CME Group, well, we forgot about this, raised margin
21:07
requirements to tap down speculative momentum.
21:11
So the CME Group, let's remember these things and we're then
21:14
we're going to put it all together.
21:16
The CME Group raised margin, but several times.
21:19
Now that's kind of what they did during other times where there
21:23
were big silver up moves like the silver squeeze, the
21:27
situation that happened around 2011, the situation that
21:31
happened during the C-19 crisis. And even when they when they
21:35
defeated the Hunt brothers in the late 1970s, early 80 time
21:40
period, that's what they do. They raise margins.
21:43
But what let's just just make a note of that.
21:47
That's all I want you to do in red.
21:49
Meanwhile, both gold and silver will be extremely sensitive to
21:54
annual index rebalancing. That's what we just talked
21:58
about, right? The Bloomberg Commodity Index.
22:00
But wait, there's more. There's a lot more guys in blue.
22:04
However, the good news you want, you want some good news, that's
22:08
what you're here for, is that this rebalancing will be
22:11
finished next week on Wednesday. Neil's like we know down here in
22:15
the basement. And despite the downside risk,
22:18
many analysts have said that the broader fundamentals supporting
22:23
the metal remain firmly in place.
22:26
Hold on one second, here we might be.
22:28
Hopefully you guys can still see me and hear me.
22:32
We seem to be having some tech issues.
22:34
Let me know in the comments if you can see me and hear me give
22:37
me a 5 by 5. OK, so the rebound.
22:39
So there's two things right? This.
22:42
Well, all right, let's go index rebound.
22:44
Let's talk about this and then we'll come back and wrap it all
22:46
up. Index rebalancing may not make
22:49
headlines, but it has a habit of reminding markets who is really
22:55
in charge. Specifically for silver, it is
22:59
difficult to see any significant downside as industrial
23:04
consumption and investor demand continue to compete for
23:08
dwindling supplies. No silver mine can be built in
23:13
the next couple of months to alleviate the ongoing supply
23:17
crunch, no matter how much the market might wish otherwise.
23:21
Man, I love it Neils. I absolutely love it.
23:25
Brother. That is awesome, huh?
23:27
Let's all give Neils a virtual hug.
23:29
Welcome to the basement. You're a fan favorite down here.
23:33
But he said two things. Let's just take a little step
23:36
back. We can look at the big macro
23:38
factors affecting silver, gold, all that great stuff.
23:41
OK, yeah, money, printing, geopolitical safe haven, all
23:44
that. All that's working in our favor.
23:46
But if we even look at these immediate factors, just think
23:49
what they've thrown at silver in the last month #1 the CME Group,
23:55
the COMEX, right, who's had a habit of, let's just say
24:00
exerting unnecessary downward authority on the silver price
24:05
has raised margins several times.
24:09
Did that hurt silver? Nope, not at all.
24:12
What about #2 now we got this big rebalancing thing, and all
24:16
the top names are saying, oh, silver's going to crash.
24:19
Silver's going to silver's going to be red, as red as Ron's
24:21
shirt. Did that affect silver?
24:24
No. So take a step back, think about
24:27
the big macro factors, the money printing that's going on, all
24:30
the craziness, right, the geopolitical issues in the world
24:34
that all support the silver price.
24:37
And then even what people are saying are like big things
24:40
happening on a little bit lower level, but things that should
24:44
boom be like body blow, body blow to the price of silver.
24:48
The CME Group raise, body blow, body blow, raise margins, right?
24:52
Oh, the Bloomberg Commodity Index has to rebalance.
24:56
They're going to sell all the silver Bob, body blow, body blow
24:59
right to now. What we can say right now on
25:02
Saturday, January 10th, 2025, it hasn't made them flinch not even
25:10
1 little bit. And then yesterday let's talk
25:13
about this and then we'll talk about bark telling us that we
25:15
could have this incredible move and silver real soon.
25:19
We like you bark, you're bark. We like the way you bark bark.
25:23
But yesterday we get this big news here.
25:25
I'll just I'll pull up the headline for you, but then I'll
25:29
tell you why this is very, very important.
25:33
Another one from Neil's Gold breaks $4500 as cooling labor
25:39
market strengthens the bowl case.
25:42
OK, again, this is a situation. These are not massive macro
25:47
factors in terms of reasons why, but these are kind of
25:51
intermediate factors, right? The labor market and how it will
25:54
impact the feds interest rate decisions going forward but
25:59
yesterday what this comes down to guys one of our favorite
26:03
subjects that we love to talk about money printing debasement.
26:07
You know what they're calling it now they're calling gold and
26:10
silver. They, they took our term.
26:12
We said this like 3-4 years ago. We said gold and silver are the
26:16
basement debasement trade. And now everybody, even on Wall
26:20
Street, they're saying gold and silver are the debasement trade.
26:24
So couple things. We get this employment data
26:27
yesterday, which was lower than expected, less jobs were
26:29
created, blah, blah, blah. Consider this, those numbers
26:34
that we get from the BLS, the Bureau of Labor and Statistics
26:39
are going to be skewed. You know, there's so much
26:42
pressure. We know that that over time,
26:45
over over years, the data has shown that the number of jobs
26:48
that they say are created aren't actually the number.
26:52
So the numbers that we got were bad, which will add fuel to the
26:55
higher for money printing for lower interest rates on top of
27:00
that. OK, we get news this week when
27:03
it comes to money printing. President Donald Trump, not a
27:06
political statement, says he wants to increase the defense
27:09
budget from like 1 trillion to 1.5.
27:12
He wants to raise the defense budget by half a trillion
27:15
dollars. Where's that money going to come
27:18
from? Because you know what?
27:19
Last we checked on the US debt clock, our government is already
27:23
spending what, 2 trillion more? I know it's crazy.
27:27
We have a deficit. We're already spending more than
27:29
we're bringing in. So the only way they're going to
27:32
get that extra 500 billion, which is the same thing as 1/2
27:36
trillion, is by printing more money.
27:38
OK, that's it. That's the reality.
27:40
Then on top of that, we get news that they're that they're going
27:44
to inject 200 billion in, in buying government.
27:49
I'm, I'm sorry, mortgages, right?
27:52
The money. The big take away here is the
27:54
money printer is going to be on the value of the US dollar.
27:58
The real value will continue to go down and the real value of
28:04
things like silver and gold will continue to go up, just like
28:07
they've done for thousands of years.
28:08
Let's talk about Bark Bark's barking.
28:11
And we like what Bark's, you know, usually barking, barking
28:14
is a little bit annoying, but let's listen to what Bark says.
28:17
And Bark, you know, I don't know him, but he does have, what,
28:23
100,000, no 250,000 followers on the X platform.
28:28
He says Silver projected predicted to make a 25% gain in
28:34
the next two weeks. Why?
28:36
Well, Bark says Silver is currently in a textbook uptrend
28:39
and set to continue historic rally from here.
28:42
The path to 100 is a 25% gain. The macro environment has become
28:47
the perfect storm for this move to occur by the end of January.
28:52
Again, this is Park saying this. What's driving the game, the
28:56
supply shock dealers are selling far above spot or on 6 month
29:00
back order. Safe haven capital is
29:03
aggressively rotating out of risk assets into metals, $3
29:08
debasement. They're all using our term now.
29:10
The basement, we always knew gold and silver was the basement
29:14
trade continued bed printing is mathematically guaranteeing a
29:17
lower dollar and the extreme scenario if these catalysts
29:22
accelerate the models project an overshoot.
29:25
We just don't hit $100. We likely spike to 130 in the
29:30
same time frame. Do not bet against silver.
29:34
Hey, look, we'll see how it plays out.
29:36
Mr. Bark does not have a crystal ball.
29:39
I don't have a crystal ball. Nobody has a crystal ball.
29:42
So my final warning to you is please always be responsible
29:46
with any investments that you make, whether precious metals,
29:49
tax bonds, mutual funds, real estate, marriages, adoptions,
29:53
puppies, whatever. Please, seriously, always be
29:56
responsible. Don't expose yourself to too
29:59
much risk. Silver can be very volatile.
30:01
I believe in my heart, right, that we are in for much higher
30:06
prices. But I can tell you right, I'm
30:08
usually right, but I am sometimes wrong.
30:11
And there's one thing for sure, as we go up and up and up with
30:14
silver, there will be volatility we're going to have.
30:17
Didn't Friday feel good? Didn't yesterday feel good?
30:20
Yeah, it did, absolutely. But there's going to be downward
30:24
volatile days as well. What's critical in two things is
30:28
that is that we continue on an upward trend, which is what we
30:32
are doing. And that you and I as
30:33
individuals realize that even on big up days, that big down days,
30:38
it can become very emotional. And we want to strip our
30:41
emotions out, right? Use logic, use strategy before
30:45
we make any decisions. OK?
30:47
I just want everybody to be safe and to be happy.
30:51
Thank you guys. Hey, and don't forget, I want to
30:53
say thank you also to a company that I'm affiliated with, which
30:57
is Dirty Man safe. If you're looking for a way to
31:00
store something precious to you, maybe you have a safety deposit
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box, maybe you got an attic, maybe you have a fireproof safe,
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whatever. But another great option is
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this. Let me pull this thing out.
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There's a discount code you can use on their website.
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Ron 10 OK, but this is a safe that you bury in the ground.
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Now who do you know that ever buried precious things on the
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ground? That was a very effective and
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Safeway to do so. That's right, are are the
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pirates. Don't you worry, I'll do the
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sheep noise next live stream. But right, burying things on the
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ground keeps it safe from from natural disasters, fires,
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floods, thieves, everything else.
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It's worked for thousands of years.
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OK, these things are so cool, so robust.
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When I first had one, when I first had one delivered to me, I
31:58
was shocked. I'm like, wow, it exceeded my
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expectations. You unscrew the bottom, put
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whatever you like, and this is one of their smaller versions.
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They've got like a micro crypto type version as well.
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Put whatever you want in there. I got a little plastic Unicorn,
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but I think maybe some type of metal might fit in there as
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well. You seal it up and then it's got
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another tube of sleeve that you bury.
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It's got a cap. It's got everything is first
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class on these products. You can learn a lot more about
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it at their website, dirtyman.com.
32:28
Thank you for being here. Don't forget, please subscribe
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pass along. That's her.
32:35
All you new people, that's upstairs Susie.
32:37
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32:41
everybody to say hi and hi 5 to all the to all of our basement,
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33:00
Thank you. OK.
33:01
And I'm going to look forward to seeing you, yes, you next time.