Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 💰 SILVER Investor💰 - Short SQUEEZE - (CRITICAL Alert & News Update for Silver and Gold Price)
Transcript
- 0:01Explosive move higher in precious metals prices.
- 0:05Why is that happening? Will it continue?
- 0:08We're going to look at the reasons why we believe it will
- 0:12continue in this video. Thank you for joining me.
- 0:15We are living through historic times in the precious metals
- 0:19markets. Many of us have been waiting for
- 0:21decades to reach the point where we are right now.
- 0:24It's a big honor that you choose to join me down here in the
- 0:27basement. I hope you enjoy your time.
- 0:30We love to talk about gold and silver and special for you
- 0:34today. It's free to subscribe, so
- 0:36please press that subscribe button.
- 0:38But let's go take a look at what's happening out there in
- 0:41the markets right now because it certainly appears to be a
- 0:44historic time and a historic day for the metals.
- 0:48Let's go to gold here. 1st $3410 up $50 per oz.
- 0:55What we're looking at here is a one year chart of gold.
- 0:58OK. And as you can, you can clearly
- 1:00see it is a thing of beauty and all indications are that we'll
- 1:06continue in that direction. We'll talk about a lot of the
- 1:09reasons why here in a few moments, but let's go take a
- 1:12look right now at the silver chart because it is just as
- 1:18interesting. Here we go.
- 1:20Hold on here one second. All right, in silver again,
- 1:24we're looking at a one year chart.
- 1:26We are currently up $0.84 per oz.
- 1:30Unbelievable. Remember everybody who was
- 1:34telling us last week that we were going to have a correction
- 1:37in silver? Well, we had a correction, all
- 1:39right, and it definitely was to the upside.
- 1:42This was our key level of resistance that we broke through
- 1:46not too long ago. But then another level that's a
- 1:50little bit high. Hold on here.
- 1:51Another level of resistance here in this range.
- 1:54And as you can see now guys, we have clearly broken out.
- 1:58And the good news is that when silver gets above $40 at this
- 2:03point, right, we wanted to get through 35, we wanted to get
- 2:05through 37 range. When silver gets through $40,
- 2:09don't you feel that it's just going to absolutely take off?
- 2:14Remember the nominal high for silver is around $50.00, but
- 2:18that was set back in 1980 and also in 2011 when measured in
- 2:23today's. When we when we adjust that
- 2:25number for inflation, we could see the silver price, right?
- 2:30Where is he? There he is, right there.
- 2:32Smitty the bat. Smitty.
- 2:34Smitty. Yeah, Smitty the bear with his
- 2:37$85 blindfold. He's the silver bear.
- 2:40His blindfold comes off at $85. We could get there so fast,
- 2:45right, that it might make head spin.
- 2:47We've got people talking about $100 silver again, like it's
- 2:51coming in the near term. We'll see how it plays out, but
- 2:55let's talk about some reasons why.
- 2:56We want to know the reasons why this is happening.
- 2:59Before we do that. While we're here, I want to say
- 3:01thank you to our channel sponsor, Firstman.
- 3:04Speaking of silver, First Mint is a silver mint located in Las
- 3:08Vegas, NV. They're owned by First Majestic
- 3:11Silver, the huge silver mining company run by Keith Neumeyer.
- 3:16So First Majestic mines the silver in Mexico, ships it to
- 3:201st Mint in Las Vegas, NV, and they create these world class
- 3:25silver bullion products. This is their latest night.
- 3:29I think I'm falling in love. That is their Las Vegas silver
- 3:33round, but you can go out to their website, firstmint.com.
- 3:37They have other coins, have a Buffalo coin with an American
- 3:40Indian image on it. That is one of my absolute
- 3:43favorites. They have a year of a snake,
- 3:45Year of the Dragon. They have 5 oz bars, They have
- 3:4810 oz bars, and they have kilo bars.
- 3:51But what they don't have is silver that's ever been touched
- 3:55by the Comex or the LBMA. And we'll talk about the Comex
- 3:58in the LBLBMA here in a second. First Mint is direct, right?
- 4:03It is. It is the freshest silver on the
- 4:05market from the mine to the mint to you.
- 4:08Go check them out first mint.com and don't forget they have a a
- 4:12special discount code VIPRB. Let's take a look at maybe why
- 4:17the silver price is exploding today.
- 4:20We got a lot to cover guys. Again, I appreciate you being
- 4:23here. Don't forget to please subscribe
- 4:25to the channel this comes from, Bob Coleman Silver ETF alert,
- 4:31ETF alert. That's the big alert.
- 4:33OK, walking into the beginning of trading this morning and
- 4:38there are no available shares to borrow in the silver ETF again.
- 4:44Shorts, what you going to do? To quote the great Bob Marley,
- 4:48what you going to do? Shorts, what you going to do
- 4:50when they come for you, you bad boys, bad boys at the COMEX in
- 4:54the LVMA? All right, So guys, when there
- 4:57are no SLVETF shares to short, that means they can't short any
- 5:04more silver via that that mechanism.
- 5:07OK, things are unraveling in the precious metals markets like
- 5:11we've never seen before. We're going to talk more about
- 5:14China, Russia and India toward the end of this, but we are
- 5:18living in historic times for the silver and the gold price.
- 5:21What about what about 13,975 dollar silver?
- 5:27Is this the reason why we're seeing metals explode while
- 5:31we're seeing silver explode today, our friend Make Gold
- 5:36Great Again shared this one. There's that $13,975 silver, but
- 5:40why again? This comes from Make Gold Great
- 5:43Again on X Update July 21st, 2025.
- 5:50There are now 363 paper derivative ounces of silver for
- 5:56every real 1. Welcome to the did he say it?
- 6:00Did he say the S word? The silver squeeze?
- 6:04Yes, he did and we love it. I love make gold great again.
- 6:09Here's this graphic, 363 to one. OK, paper to real on the right.
- 6:16OK, hypothetically. Hypothetically.
- 6:20Hold on a second here I have a little technical problem.
- 6:24Hold on, hypothetically in red, the big red box at the bottom,
- 6:28Silver's price per oz if all the paper was converted to physical
- 6:34and that's look, you know, when a when a when a when, when the
- 6:40final silver squeeze unravels, guys, we could see things get
- 6:44super. I hope they say they're going to
- 6:46settle for cash and whatever. And yes, that's, I'm not saying
- 6:49we're going to have $13,975 silver next week or anything
- 6:55like that, but we could. And you know what, during my
- 6:59lifetime, I get in a lot of trouble.
- 7:01I get a lot of Flack. I don't care because in my
- 7:05lifetime, or at least in my children's lifetime, we can see
- 7:09silver prices of 13,025 thousand, even $50,000 pounds.
- 7:15Let me ask you a question. How much does silver cost in
- 7:19Confederate dollars? Infinity, right?
- 7:23How much does silver cost in any other of those thousands of
- 7:27paper currencies that have failed Fiat paper currencies
- 7:32that weren't backed by anything that have failed in Infinity?
- 7:36What about in Zimbabwe dollars? What about what about think
- 7:40about this? What about in Venezuelan?
- 7:43What are they bully bars? Remember we looked at that
- 7:46chart, I mean it went from like 500 to, I don't know, 500,000 in
- 7:51a very short period of time. So yes, we could see an
- 7:55environment where we get, but we're not going there right now.
- 7:58We'll focus on getting the $40 silver because when we get the
- 8:01$40 silver, it is Katie bar the door.
- 8:04But it's really going to get exciting for the mining stocks,
- 8:08both the gold and the silver mining stocks and in particular
- 8:12the junior sector. We're going to, I'll talk about
- 8:15that in one second, But right now I do want to say thank you.
- 8:18Speaking of mining stocks to 1st Mining Gold, they're a Canadian
- 8:21gold developer. They've got 2 massive multi
- 8:25million ounce projects in Canada, Spring poll in Ontario
- 8:29and Du Parquet in Quebec. And they have a third big bonus
- 8:33project, the Cameron project, also in Ontario.
- 8:36We're talking about gold in the ground in Canada, right?
- 8:40And probably the safest vault that you could ask for in the
- 8:43world. They're working through the
- 8:45development phase, they're working on the permits.
- 8:47They're doing more drilling and, and, and discovering more gold
- 8:51and defining the gold deposits even more.
- 8:54But it's a stock I've owned. I'm not a financial advisor.
- 8:57Don't make any financial decisions based on what I say.
- 9:00It's a stock I owned long before they sponsored my channel and I
- 9:04love the opportunity presented by the overall development stage
- 9:09companies, both in the silver and the gold sector because
- 9:12you're getting metal in the ground in those stocks.
- 9:16That sector, I believe, have yet to really catch up to where the
- 9:20gold and silver prices have gone.
- 9:22Again, I'm not giving financial advice, but I'm telling you my
- 9:25truth as I see it. And it's a big honor for me to
- 9:29have first mining gold as a sponsor here in the basement.
- 9:32And I'm not the only one that thinks that there could be a
- 9:35great opportunity in the future with the mining stocks.
- 9:39Let's go out and see what Tim Hack has to say.
- 9:42He says silver is less than a dollar away from beginning its
- 9:45parabolic rise. This means that mining stocks
- 9:49will suddenly take off with extreme force once silver
- 9:53crosses the $40 mark. Yeah, 40 is going to be the next
- 9:57level of, let's say, expansion for the silver price.
- 10:04I mean, it's it's kind of blatantly obvious.
- 10:06And I think we're going to go from 40 to 50 faster than we can
- 10:11even imagine, guys. We're now at a level where you
- 10:14have to expect very big numbers in a very short period of time,
- 10:19or in other words, vertical. The final breakout is eminent.
- 10:23OK, so I called Jake from Jake's Custom Parts this morning, asked
- 10:27him if he knew like what's going on?
- 10:29What's your opinion? What are you hearing out there?
- 10:33What he shared with me was a a lot of different information
- 10:36about what's going on in the gold and silver sector.
- 10:39But I think what we boiled it down to is it like the dollar in
- 10:42real terms is just continuing to go down?
- 10:46I'm but I'm thinking like, is it the DXY index?
- 10:49Is it the Let's take a look and see if the DXY is giving us any
- 10:54hints as to why we are moving the way we we are today.
- 10:58Here we go. We're out at MarketWatch.
- 11:00The dollar index healthy below. Yeah.
- 11:04Oh yeah. OK.
- 11:05So it's probably a good part of the reason why we are having
- 11:09this big move today. The dollar index down.
- 11:11That's a huge move for the dollar index down .71%.
- 11:16But it's been a few weeks guys, since we've looked at this.
- 11:20Let's remember something very critical when it comes to the
- 11:25dollar index and what this means directly for the silver and gold
- 11:29price. We talked about this ad nauseam.
- 11:32I'm drawing a line. This is a chart that goes all
- 11:35the way back to hold on here about 1985.
- 11:42So that's what about 40 years worth of data.
- 11:45This that red line is the 100 level on the DXY.
- 11:49We broke down below that, as you can see right in here just
- 11:53recently. However, however, what's
- 11:57critical for us to remember about this is that let's just
- 12:00talk about silver from 2001. So about right here through
- 12:052011, about right here. As you can see that DXY index
- 12:11went down, down, down. During that period of time,
- 12:15silver went from below $5 per oz all the way to $50 per oz.
- 12:25OK, Now when we look at this chart and I'm going to erase
- 12:28some of this so we can point out something very exciting about
- 12:33the silver potential. When we look at this chart, look
- 12:38where we are right now at about 97.
- 12:41When you look at a 40 year time span, as you can see we only
- 12:45spent this period of time and really this period of time
- 12:50barely above 100. We spent a lot of time in this
- 12:55range down here, which is more in the probably 90 to 75 range.
- 13:01So the, you know, the future as we look out like over the next
- 13:0410 years. Are you feeling a warm and fuzzy
- 13:07about the US dollar? Well, let's go look at this and
- 13:10see if this helps you understand what is going on.
- 13:14And this is the US debt clock. No, we don't feel good about the
- 13:18long term value of the US dollar.
- 13:20We are, we are patriotic people. We believe in what our founding
- 13:24father said, but we don't agree with what the US Federal Reserve
- 13:28and our recent slew of politicians have done over the
- 13:31last several decades to work to destroy the real value of the US
- 13:36dollar. Because don't forget that DXY
- 13:38index we just looked at that just compares the dollar to a
- 13:42bunch of other cruddy Fiat currencies.
- 13:44When you add in the bonus factor, which is that we've
- 13:48racked up debt at a level now that is truly unsustainable, we
- 13:53are truly in the kind of end game, period.
- 13:56I mean, look at this, huh, $37 trillion in debt, We're only
- 14:01going to see the value of the dollar continue downward.
- 14:05And at the end of the day, that will provide massive, massive
- 14:08support for the metals. But on top of that, but wait,
- 14:11there's more. How are you guys doing today?
- 14:15Again, thank you for being here. All 400 of you were talking
- 14:18about the reasons why gold and silver just today are having
- 14:22what feels like more, you know, let's say substantial, I'll say
- 14:25historic moves, but that why we are continuing continuing to to
- 14:30believe that that will will be the future movement in the
- 14:33metals as well. What I'm trying to say is thank
- 14:36you for being here, right? Basement dwellers, Fiat
- 14:39fighters, we'd love to talk about this.
- 14:41Please don't forget, subscribe to the channel because there's a
- 14:44bonus factor on top of that, on top of the world has changed.
- 14:49We got news out of Russia in regards to their new gold
- 14:53exchange. But guys, we are in a climate
- 14:55now. We talked about 2011, $50 silver
- 14:59in 2011 dollars. That's like $8090.00 now.
- 15:04We talked about $50 silver back in what, 1980?
- 15:08That's like A150160 in, in today's dollars.
- 15:12OK, But things were different then.
- 15:15OK, thanks. We didn't have all that debt,
- 15:17number one, that we looked at, OK, we didn't have, we have the
- 15:22debt to GDP ratio that we have now we didn't have.
- 15:25But on top of that, what we didn't have is a whole new world
- 15:30order and a whole new world order that puts way, way
- 15:36different value on precious metals in the 70s and 80s,
- 15:40right? In 2011, the United States ruled
- 15:43the financial world and and and suppressed the price of gold and
- 15:48silver. Now, thanks to countries like
- 15:51China with their 1.4 billion people and rapidly expanding
- 15:56economy and population, well, maybe not population, but
- 15:59economy and their love of precious metals.
- 16:03In India, with 1.4 billion people and an expanding
- 16:06population and an expanding economy and an expanding middle
- 16:11class and their absolute adoration of precious metals,
- 16:16right. We didn't have all that debt in
- 16:18the United States. We didn't have China.
- 16:20China and India have really only emerged over the last few years,
- 16:25right, The last decade. And India is just really
- 16:28beginning to emerge. We are moving into a period of
- 16:31time like no other in history for precious metals.
- 16:35These countries are de dollarizing.
- 16:38Yeah, I can say that because Goldman Sachs recognizes it.
- 16:41JP Morgan, the world recognizes it.
- 16:43They're saying bye, bye dollar. They're selling our bonds.
- 16:47OK, Right. And what are they doing?
- 16:49They're moving to precious metals.
- 16:52That's when I was talking to Jake earlier.
- 16:54That was the other thing said that silver on the Shanghai Gold
- 16:57Exchange is trading at over $40 per oz.
- 17:01We'll go look at that in a second.
- 17:02But let's look at this first And here we go, this right, Russia
- 17:15to begin trading gold. So we talked about China and
- 17:18India, but Russia also emerging as a major and I didn't know
- 17:21this hold on here. Russia is the world's second
- 17:25largest gold producer is to free itself from the current
- 17:29dependence of gold price on the London Stock Exchange, the LME,
- 17:34the LBMA and plans to launch gold trading on the Saint
- 17:38Petersburg exchange. Guys, I'm hearing reports today
- 17:43that that's actually occurred, OK?
- 17:45The world is totally, totally changing when it comes to the
- 17:51value placed on the precious metals.
- 17:54It's absolute historic times that we're living through.
- 17:58It's happening, remember, like we always knew and put the
- 18:04pieces together. Andy Scheckman, I've heard him
- 18:07say, like the crumbs of information or the Jenga board.
- 18:11It's it's happening, likely happening now.
- 18:13Maybe I'm wrong. Maybe a year from now I'll be
- 18:17sitting down here saying, well, I was wrong and I'll gladly
- 18:19admit if I was, but we've been right so far.
- 18:22Let me tell you something right now.
- 18:24You see that bear right there? That bear had a blindfold on.
- 18:28For those of you who are new, you don't know this.
- 18:30For you long term basement dwellers, you remember it.
- 18:33That bear was blindfolded and it said 2500.
- 18:37Just like huh, That little silver bear has an $85 blindfold
- 18:42on right now. But that was the gold bear that
- 18:44we were going to take the blindfold off.
- 18:46When the gold price got the $2500 in three years ago, I
- 18:50would get hate mail from people telling me I was nothing but a
- 18:53metals pumper and that I was up to no good.
- 18:56None of which was true, right? And the gold would never get the
- 19:002500 when gold was at 16118 hundred.
- 19:03Well, guess what? Guess what?
- 19:06Huh. OK, thank you.
- 19:13Hi to some people and thank you for the 100 likes.
- 19:15I'll ring the gong here in a second.
- 19:17Thank you, Susie, in all seriousness, that this is about
- 19:20the people. This is about us getting
- 19:22together, right? You choose to be here.
- 19:25Your time is important. OK, so when we talk about about
- 19:30gold prices going to 4005 thousand, remember they scoffed
- 19:35at us, right? I tell a story.
- 19:38We have a neighborhood swimming pool and I would go to the pool
- 19:42and if somebody swam up to me like that, I didn't really
- 19:45prefer to be talking to one of those neighbors that maybe I
- 19:47just didn't really want to talk to.
- 19:49I could just, I was like instant repellent.
- 19:52I could just start talking about gold or silver and they would
- 19:54swim away. Now they all swim toward.
- 20:00Say, Ron, tell us some stories about gold and silver.
- 20:04Yeah, well, they've only been valuable for thousands of years.
- 20:07Guys, we are in a new era. This is new time.
- 20:11And, and we've waited a long, long time for this.
- 20:15So, you know, buckle up. It's going to be a wild, wild
- 20:18ride. And according, and this is
- 20:20upstairs Susie, for those of you who are new, that's my wife.
- 20:24We talked be a walkie-talkie here in the show and she helps
- 20:28out when I forget to share screens.
- 20:30So everybody say hi to Susie. Say hi 5 Susie high 5 silver,
- 20:34Susie silver Upstairs Susie High 5.
- 20:38All right, let's go say hi to some people and I got to ring
- 20:40the gong. I'll do do that here in a
- 20:41second. Who can I say hi to?
- 20:44John Townley. Nice to see you, Chet.
- 20:47OK. Hey, why don't you guys Bill,
- 20:50why don't you guys look, we are all over the world.
- 20:53Silver and gold are valuable everywhere in the world.
- 20:56That's called being decentralized.
- 20:58In the crypto world, they call that defy because crypto's the
- 21:01same way. It's valuable everywhere in the
- 21:04world. What?
- 21:07OK, hold on a second. Let's check in.
- 21:10You want me to shout out to somebody?
- 21:21Franken beans, Franken beans. Shout out Franken.
- 21:27All right, you're making Susie laugh.
- 21:29That's that's that's priceless. Franken beans.
- 21:31Thank you. What I want you guys to do
- 21:34because we are everywhere in the comments, say where you're at,
- 21:38say what country you're in, what city, what state, whatever you
- 21:40want to say. And I'm going to try to read it
- 21:42out as as fast as I can to show us that we are everywhere.
- 21:46Gold and silver are valuable everywhere and they always have
- 21:51been. South Dakota.
- 21:52Chet, good to see you. OK, Oklahoma.
- 21:55Eric snacks. See I can do it.
- 21:57Bill from New Jersey. Bill 457.
- 22:00Hello from Montana Mountain Grizzly.
- 22:02Good to see you. Alvarado, TX The Rios 718 Happy
- 22:07Monday. Jason from Jackson, TN Let's see
- 22:11here. The UK baby.
- 22:13Go with the vibes. United States.
- 22:15Arizona retire with silver. Louisville, KY.
- 22:18Lee, Texas. Jake from Jake's Custom Parts.
- 22:21The one and only Tennessee. Sri Lanka.
- 22:24Wow. Upstairs.
- 22:25Susie's upstairs. Ronnie's army on the move.
- 22:28Montana. Let's go baby.
- 22:31Tennessee. Randy Duckman from North
- 22:33Carolina. Ted Femur.
- 22:35Good to see you, Ted. Livermore, CA Emma Jiffy from
- 22:40Jiffy, Australia Jiffy from Australia, Australia, Minnesota
- 22:44Ottawa, Iowa, Texas Denny from Las Vegas, Luxembourg, Fort
- 22:49Worth, Bulgaria. If we made our point, we are
- 22:53everywhere. A silver and gold investors.
- 22:56Tucson and Arizona still stacking.
- 22:58I like the basement. I like the basement too.
- 23:01WA, Perth, Nebraska, Pacific, Canada, California, Winnipeg.
- 23:06Like the bomb. Yeah.
- 23:08Red Deer. All right, guys.
- 23:11Jake from Jake. Hey, I want to say a special
- 23:13thanks to Jake from Jake's Custom Parts.
- 23:15He's been with the channel. Great guy.
- 23:18Well, oh, yeah. Thank you, Susie.
- 23:20Well known. I got to ring the gong.
- 23:22Thank you, Jake for. And Jake, I called him before I
- 23:25went live here to get some info. Jake's connected, by the way.
- 23:30OK. And Jake loves Vinny and and I
- 23:34know Chris Marcus as well. Vince Lanchey.
- 23:37I always pronounce his name wrong.
- 23:38I love Vince. I had him on the show.
- 23:40He's a good guy. Good people.
- 23:42Let's ring the gong. Thank you for all the thumbs up,
- 23:44guys. The golden gong.
- 23:50Have a great day. Let's go gold.
- 23:52Let's go silver. All right, take care of
- 23:54yourself. I'll see you next time.
- 23:56Thank you.