Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡ Precious Metals INVESTORS ⚡ THIS Will Make YOU FEEL Better - (Gold and Silver Price News)

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⚡ Precious Metals INVESTORS ⚡ THIS Will Make YOU FEEL Better - (Gold and Silver Price News) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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