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⚡ Precious Metals INVESTORS ⚡ THIS Will Make YOU FEEL Better - (Gold and Silver Price News) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  We're experiencing big price moves in silver and gold and not
• 0:06
  necessarily the price moves that we want to see on a daily basis,
• 0:09
  but we're going to talk about why we are just fine on a long
• 0:13
  term basis. But check, take a look at the
• 0:16
  silver chart today. It's actually kind of
• 0:19
  fascinating how quickly the new cycle can move the price of gold
• 0:24
  and silver. Here's silver trading around
• 0:28
  5:30 this morning at right about $75 per oz.
• 0:33
  Then boom, something happened and the price went down.
• 0:36
  Wow, all the way to about 7250, a massive drop.
• 0:41
  All right, What happened? And then again, we just saw it
• 0:43
  again recently here within the last half hour guys, here's
• 0:48
  what's being reported and then we're going to talk about why we
• 0:51
  don't really have to worry about this all too much.
• 0:55
  Here's the well, here's a, here's some other charts, but
• 0:59
  both theory put this out at the about 5:30 this morning,
• 1:02
  breaking two missiles reportedly struck AUS warship near Jask
• 1:08
  Island after it ignored early warnings from Iran.
• 1:12
  So that was the report it made oil spike, Bitcoin crash, the
• 1:16
  NASDAQ crash in the S&P 500, maybe not crash, but go down
• 1:21
  massively just on that news. And the same thing happened to
• 1:26
  the gold and silver market. Now later today, we got this
• 1:30
  news shared with us from Axios. Axios Iran ceasefire in peril as
• 1:36
  the United, the United Arab Emirates says it's under attack.
• 1:41
  This just coming out. Recently, the UAE reported that
• 1:44
  4 missiles were fired towards its territory from Iran on
• 1:49
  Monday. Interesting that the UAE was the
• 1:52
  the country that just announced they were leaving OPEC and that
• 1:58
  it was actively engaging with another missile and drone
• 2:01
  attack. There's also fires reported in a
• 2:04
  fuel facility in the UAE and on ships off its coast.
• 2:08
  Iran has not claimed responsibility for any of the
• 2:11
  apparent attacks. Why would that be a big deal?
• 2:14
  Well, because as we know, that would signal a re escalation in
• 2:20
  violence in the Middle East. But all this is noise guys.
• 2:24
  It's when it comes to gold and silver.
• 2:26
  I don't like it, you don't like it.
• 2:28
  We don't want to see the world blowing itself up, but we don't
• 2:31
  control what the rest of the world does.
• 2:33
  But from a silver and gold perspective, look, it's short
• 2:37
  term noise. All of this is bullish.
• 2:40
  Long term geopolitical turmoil is unfortunately a very bullish
• 2:46
  for silver and gold. The inflation that this is all
• 2:50
  creating, the oil crisis, the energy crisis like we've never
• 2:54
  seen in our entire lifetime is bullish for the gold and silver
• 2:58
  price. And don't you forget, we got a
• 3:00
  lot more to cover 2 top analyst with very bullish calls and
• 3:04
  reasons why for the silver price, the surprise factor that
• 3:09
  could create a very good environment for silver and gold,
• 3:13
  but silver in particular that nobody else is talking about.
• 3:17
  Citibank is telling us about $7000 gold and and we have a
• 3:22
  respected long time analyst putting out the case why we
• 3:26
  could get $15,000 gold. But before we do that, we've
• 3:30
  talked about this many times here in the basement.
• 3:33
  I'm a firm believer that $72.50 over is the line in the sand.
• 3:40
  I'm not going to worry about anything with the silver price
• 3:43
  in particular until we go below $72.50.
• 3:48
  I'll reassess things at that point.
• 3:49
  I'm telling you guys, it is like a line in the sand Now.
• 3:53
  Maybe I'll look like a fool if we go out and check the silver
• 3:56
  price right now if it's dropped below that.
• 4:00
  But no, we're still in in the spot market at $73.05 with
• 4:06
  silver. We are a OK look.
• 4:09
  I look at all the different charts, all the wedges, cup and
• 4:13
  handles, all the different technical stuff, all the
• 4:16
  fundamental stuff, which to me is equally, if not even a little
• 4:21
  bit more important. I've been digging into this for
• 4:24
  years and years. I'll tell you right now, if we
• 4:27
  go below $72.50, I will eat crow and I will reassess where I
• 4:33
  think silver can go. Will we see a price that starts
• 4:37
  with a six like as in the 60s? It could happen, right?
• 4:41
  But I think it's much more likely that we'll see a number
• 4:45
  our our price starting with six when we're talking about $600.00
• 4:49
  silver. But we'll see how that how that
• 4:52
  all plays out. Let's look at some technical
• 4:54
  things right now. 1st, right? This is shocking when it comes
• 5:00
  to what is happening in silver right now and this was shared by
• 5:07
  Carl Carl Merx. I didn't realize the silver's
• 5:11
  200 day moving average has been hitting a new all time high
• 5:17
  every day for more than a year. That's a bull market, guys.
• 5:22
  That's the average, the the most recent 200 day average or the
• 5:26
  average of the most recent 200 day price for silver that rolls
• 5:30
  forward every day and for more than a year.
• 5:34
  But when I looked at this, I don't know how you're seeing it.
• 5:37
  It looks like it starts about right here.
• 5:41
  Maybe it dipped a little bit in this range, but even at that
• 5:45
  right, that is like early 2024. It looks like to me we've had
• 5:51
  two years at least Maybe we could even argue three years of
• 5:55
  an upward sloping trend in the 200 day moving average that
• 6:00
  shows massive strength and silver.
• 6:02
  I know when it goes down right, volatility goes both ways.
• 6:06
  Volatility right is A2 edged sword.
• 6:08
  It can go to the upside, it can go to the downside.
• 6:11
  But when we we take a a little bit of a, when we step back and
• 6:16
  zoom out a little bit, we still have a 200 day moving average,
• 6:20
  which is a powerful indicator going to the upside.
• 6:23
  Now let's talk about two of the top analysts out there and what
• 6:28
  they're seeing in the silver market.
• 6:30
  And I was so happy to see this from the one and only Jesse
• 6:34
  Colombo, right? This guy is look, in the last
• 6:37
  two or three years has become, if not the top one of the top
• 6:42
  analyst in the silver world. He says.
• 6:45
  I'm counting down to silver's next major breakout.
• 6:49
  Today I want to share something inspiring and exciting that
• 6:52
  flies in the face of the pessimism that permeates the
• 6:55
  precious metals world right now. While many retail investors as
• 7:00
  well as prominent commentators are like lemmings saying in
• 7:05
  unison that silver surge in late 2025 and early 26 was merely a
• 7:11
  bubble that has now burst. I have been adamant that there
• 7:15
  is no bubble and that it didn't burst and that silver is just a
• 7:19
  couple of years into a long term bull market that should last at
• 7:24
  least a full decade. OK, He talks about the
• 7:29
  consolidation that we've been through and then he says for
• 7:31
  this bullish scenario to be validated, talking about the
• 7:34
  triangle of of formation, for it to be validated, A decisive
• 7:39
  breakout from the pattern must occur accompanied by heavy
• 7:43
  volume. OK, and he's got a tutorial.
• 7:45
  He's got a, a, a sub stack that you can subscribe to as well.
• 7:48
  This is the teaser section. He says assuming that happens,
• 7:53
  Silver's bull market should resume making fools of the
• 7:57
  naysayers, smashing through the $121.00 peak from January and
• 8:03
  advancing to fresh all time highs.
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  OK, and there's the chart with the triangle that we've looked
• 8:10
  at many, many times. The one thing I want to point
• 8:13
  out on this chart is we still have, right?
• 8:17
  We could even go down into the 60s, which I don't think is
• 8:21
  going to happen. I'm calling 7250 the line in the
• 8:24
  sand and still be OK, right? Even if we do have to
• 8:28
  consolidate a little further. Finally, he says this.
• 8:32
  As I've previously explained, Silver's correction over the
• 8:36
  past few months was necessary to flush out excessive bull bullish
• 8:42
  speculative sentiment and overbought conditions.
• 8:46
  Basically get rid of the short timers right as over the last
• 8:50
  what few months we've we've consolidated anybody who wanted
• 8:55
  wanted to sell did sell and most of them have been replaced by
• 8:59
  people who have a a constructive long term perspective on where
• 9:04
  the silver price will go. And now it is no longer
• 9:08
  overbought. It is much it's in a much
• 9:10
  healthier position for the bull market to resume.
• 9:14
  Now let's go to the Savage, Gary Savage who has this to share
• 9:18
  with us. I love Gary Savage.
• 9:20
  He says almost similar to what what Jesse said.
• 9:24
  No analyst think metals will do anything for months and some are
• 9:29
  even calling for a year or more to churn.
• 9:32
  That's a safe bet. The trolls aren't going to
• 9:35
  eviscerate you for non committal for non committal calls like
• 9:38
  that, right? If you just say, oh, silver's
• 9:41
  going to stay where it is, well, nobody's going to call it out.
• 9:43
  Well, listen to what Gary has to say in his last paragraph here.
• 9:49
  He says I expect metals to start generating some momentum in May,
• 9:54
  and by and by July or August we should be back to extreme FOMO
• 10:00
  during the final weeks of this intermediate cycle.
• 10:03
  He says he's guessing on gold 6500 to 7000.
• 10:08
  I think that would get us past that $121.00 silver price.
• 10:12
  Then we repeat it all again with another harsh correction,
• 10:16
  producing bleak sentiment that sets the stage and builds the
• 10:21
  fuel for the next rally. So guys, look, to me, it's
• 10:29
  almost undeniable. It's just my truth, right?
• 10:32
  Remember, I don't have a crystal ball, but man, I've been
• 10:36
  studying these markets. I've been following the silver
• 10:38
  market for decades. When we look at the technical
• 10:40
  indicators, when we look at the fact that we've been
• 10:43
  consolidating for a while and most importantly, when we look
• 10:46
  at the unbelievable number of fundamental factors supporting
• 10:52
  both gold and silver from geopolitical levels to supply
• 10:56
  and demand numbers to any of it, it's incredible.
• 11:00
  But I want to point out something very interesting about
• 11:03
  silver for you next, something that that very few people are
• 11:07
  talking about, but it's going to make total sense and could
• 11:10
  create a a little more of an imbalance in the supply demand
• 11:14
  picture for silver. Before I do that, I want to say
• 11:17
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• 11:20
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• 11:56
  first mint.com. Now let's let's go out to this,
• 12:03
  another one from Karl Marx. This is this.
• 12:06
  There's there's a secret bonus in this, OK?
• 12:09
  He says retail investors have sold 73,000,000 ounces of silver
• 12:15
  through the ETS this year. If they come back, silver
• 12:20
  explodes. Silver has moved sideways for
• 12:25
  months during the selling pressure.
• 12:28
  The only thing needed for the next leg?
• 12:30
  Higher retail investors to stop selling.
• 12:35
  I want to yell and scream, but I'm having some voice problems
• 12:38
  lately. But guys, think about it.
• 12:40
  Silver has maintained this 70 to $80 range over the last several
• 12:46
  months in the face of retail silver investors selling
• 12:51
  73,000,000 oz. Now where it gets really
• 12:54
  exciting, right? And the reason why we want to
• 12:57
  get, we want to look at that number is to consider we don't
• 13:00
  need retail to start doing net buying.
• 13:04
  We just need retail to stop selling.
• 13:07
  I remember hearing Rick Rule talk about that with silver a
• 13:10
  year ago, two years ago, he said we don't need the, we don't need
• 13:14
  the investment world to love silver.
• 13:17
  We just need to, we need the investment world to stop hating
• 13:21
  silver so much. So if they just stop selling,
• 13:25
  OK, OK, that's gonna, that's gonna put a, a 73,000,000 oz and
• 13:31
  that's what they've sold so far this year, reduction in the
• 13:35
  supply of silver. Right now, there's been silver
• 13:39
  being supplied back into the market because people have been
• 13:42
  selling ETS. If they just stop selling, OK,
• 13:45
  that's a big net positive for the supply demand dynamic.
• 13:50
  If they actually become net buyers, Katie, bar the door,
• 13:54
  right? All those people out there who
• 13:56
  we affectionately refer to as the sheeple, it could be, it
• 14:03
  could be really wild, really exciting.
• 14:05
  OK, we're going to talk about Citibank next with gold and then
• 14:09
  we're going to talk about $15,000 gold from the man Clive
• 14:13
  Thompson himself before we do that.
• 14:16
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• 14:19
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• 14:29
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• 14:38
  Let's go out and see what Citibank is saying.
• 14:40
  I created a a brief synopsis of this for you and it is
• 14:45
  fascinating. Citigroup analyst have
• 14:48
  highlighted a scenario where gold prices could reach $7000
• 14:53
  per oz by 2027, driven by a confluence of stagflation, high
• 15:00
  U.S. debt, and protracted geopolitical risk.
• 15:03
  While this is not their base case scenario, it is a credible
• 15:07
  bull case. They're giving it a roughly 30%
• 15:10
  probability within their framework of a vertical
• 15:13
  repricing of gold as currency debasement accelerates.
• 15:19
  Key aspects of their $7000 gold case.
• 15:22
  Stagflation. City notes that gold thrives
• 15:25
  under stagflation, characterized by high inflation.
• 15:29
  Which is coming, guys. Inflation is going to drive
• 15:32
  everything and stalling growth. Similar to the 1970s where gold
• 15:37
  and silver had their most dramatic price increases in
• 15:41
  history. Long term projection.
• 15:43
  The $7000 target is a medium to long term forecast with 6000
• 15:48
  predicted for 2026 and 27 bull case verse bowl case, base case,
• 15:55
  first bowl case. While 7000 is the bowl case.
• 15:58
  City's base case, which is a 50% probability, sees gold grinding
• 16:03
  to 5000 per oz with a smaller 20% probability for a bear case
• 16:09
  going towards 4000, which still isn't that bad.
• 16:13
  That is not the end of the world.
• 16:15
  Geopolitical volatility. The forecast is underpinned by
• 16:18
  persistent geopolitical stress, such as conflicts in the Middle
• 16:22
  East which contribute to safe haven buying.
• 16:25
  OK, let's review the most important aspect that will drive
• 16:31
  the precious metals prices in the coming years and decade is
• 16:35
  one thing, and that's inflation, and inflation is here to stay.
• 16:41
  Inflation will drive real interest rates more negative
• 16:46
  because they calculate real interest rates.
• 16:48
  You subtract inflation from the prevailing interest rates.
• 16:53
  Then here's the good news, guys. Everybody wants a rate cut.
• 16:56
  A rate cut to make rates more negative.
• 16:58
  Who cares, right? Rates are at 3%.
• 17:01
  They, you know, they could maybe in a wildly crazy environment,
• 17:06
  drop them to 1%. That's only a 2% impact on the
• 17:09
  real interest rate calculation. Here's the good news.
• 17:13
  I'm not rooting for it. I don't like inflation, but
• 17:16
  we're we got to accept reality. Inflation can't be capped while
• 17:22
  interest rates can only drop a little bit.
• 17:24
  The inflation rate got it could go to 10%, it could go to 12%,
• 17:28
  it could go to 40%. Who knows, right?
• 17:31
  And that will drive it is the only really thing that from now
• 17:36
  on we need to keep an eye on. We used to look down here in the
• 17:40
  basement, you basement dwellers. We used to follow the Fed so
• 17:43
  super closely. My opinion is that the only
• 17:47
  thing that we really got to keep an eye on as we move into the
• 17:51
  coming year and decade is inflation, because it will be
• 17:55
  the major, major driver. And all the other things, money
• 17:59
  printing, yeah, all that's going to happen.
• 18:02
  But the number we need to keep an eye on is inflation.
• 18:05
  Then we'll keep an eye on the official number from the CPI,
• 18:09
  but we'll also keep an eye on the shadow stat number, which is
• 18:13
  much, much, much higher. OK, let's talk about $15,000
• 18:17
  gold from Clive Thompson. I've got about a 62nd video clip
• 18:21
  for us to watch where he lays out the math behind how we would
• 18:26
  get to $15,000 gold. This comes from memes and
• 18:30
  markets, he said. If you've been watching the gold
• 18:32
  prices lately and wondering what's really going on, this is
• 18:36
  important to watch. Former Swiss wealth manager
• 18:40
  Clive Thompson spent 50 years in banking.
• 18:43
  His $15,000 gold price target is not a guess, it's based on a
• 18:49
  mechanism that the US Treasury has used before.
• 18:53
  He walked through the whole play belt on the show.
• 18:56
  I fast forwarded to the part where he lays that out.
• 18:59
  Let's listen to Clive right now. We'll know the we're we're
• 19:03
  potentially getting towards the end game, but you start to see
• 19:06
  asset prices, in particular gold, rising rapidly.
• 19:09
  The reason I put a $15,000 price on gold was not because I think
• 19:13
  we climbed to it, but rather I think there's the the price of
• 19:16
  15,000 will be engineered. And that's my number.
• 19:18
  And I know a lot of people that much higher number, but my
• 19:20
  number will be engineered by the Treasury because by revaluing
• 19:24
  their gold reserves at that kind of level, doing a bit of
• 19:29
  financial jiggery poker, which I explained in the video, they
• 19:32
  will be able to effectively repay several trillion dollars
• 19:36
  of U.S. debt, kicking the can down the road for a a couple of
• 19:40
  years. In other words, allowing the
• 19:43
  system that we know it to last a little bit longer.
• 19:45
  And then of course in a couple of years they could do the same
• 19:47
  trick again. But I won't go to the details of
• 19:49
  how it works, but basically if you take the gold, revalue it,
• 19:52
  you can actually reduce your debt and keep the gold and.
• 20:17
  There we go. The microphone's back on.
• 20:19
  Thank you. Upstairs, Susie.
• 20:21
  Upstairs, Susie, save the day. Please don't forget, like he
• 20:26
  said, right, they will kick the can down the road.
• 20:29
  Important for us to remember our Treasury Secretary Scott Percent
• 20:34
  is a huge gold bug. We are in a situation in the
• 20:38
  United States, unfortunately right now, which is referred to
• 20:42
  as fiscal dominance. And while on the surface that
• 20:45
  sounds like that's a good thing, the US, we're the world reserve
• 20:48
  currency. We have fiscal dominance.
• 20:50
  No, it's different. What fiscal dominance means is
• 20:54
  that when the monetary and fiscal situation of the country
• 20:59
  become a slave to the actual numbers, where the debt has
• 21:03
  become so large, where we are in a debt spiral, that the
• 21:09
  government has to become subservient right to the current
• 21:13
  fiscal situation. It's not unlike if you as an
• 21:16
  individual or a family or a household racked up so much
• 21:20
  debt, mortgage debt, car debt, credit card debt, student loan
• 21:24
  debt, I don't know, whatever else, casino debt, whatever the
• 21:27
  case may be. And you got to a point where
• 21:30
  your interest payments were becoming as big as your income.
• 21:34
  You become a total slave to your personal monetary fiscal
• 21:39
  situation. And that is very close to where
• 21:42
  we are now. We got news last week that the
• 21:45
  US debt is now larger, OK? The debt, the total debt
• 21:49
  aggregate number is now larger than the entire country's GDP,
• 21:55
  OK? So look, when we go through days
• 21:58
  like today, remember volatility goes both ways.
• 22:01
  It goes up and it goes down. But we need to remember there
• 22:05
  are massive driving forces that are much powerful than the short
• 22:09
  term noise like we're experiencing on days like today.
• 22:13
  OK, we're going to make it OK. We appreciate upstairs, Susie
• 22:18
  and I, you joining us down here in the basement.
• 22:21
  We'd love for you to come back. Please subscribe to the channel,
• 22:24
  give the video a thumbs up. We're going to have a lot of fun
• 22:28
  in the coming decade as we navigate what will be a time,
• 22:32
  the choppy waters that will occur within the precious metal
• 22:36
  sector. But I can't think of a better
• 22:38
  place that I would want to be. And I love being here with you.
• 22:42
  Take care. Have a great day and we'll see
• 22:44
  you. Yes, you.
• 22:46
  We'll see you soon. Bye bye.