Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 💥 SILVER & GOLD 💥 - THIS Is the TRUTH About Paper FIAT Dollars!

Transcript

💥 SILVER & GOLD 💥 - THIS Is the TRUTH About Paper FIAT Dollars! · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  There is an epic battle raging right now between paper Fiat
• 0:06
  money. Yes, that would include the US
• 0:09
  dollar and precious metals, silver and gold.
• 0:13
  It's going to take a while, but if history is any indicator, we
• 0:18
  know that the precious metals always prevail.
• 0:23
  As an example, you can look at numerous instances in world
• 0:28
  history where there was paper money, where a country who was
• 0:33
  probably the leading power, the powerhouse of the world, had
• 0:37
  decided we no longer need to back our money with real money,
• 0:41
  with, with metals, with gold and silver.
• 0:44
  No, we're so powerful, we're so great that we can make paper
• 0:49
  money. The Chinese did it, the Rome,
• 0:52
  everybody did it. The Spanish did it.
• 0:54
  The everybody. Every single time.
• 0:59
  Every single time it ends in ruin.
• 1:04
  Hey everybody, welcome to Ron's basement, and I'm glad you're
• 1:07
  here for my daddy's show. What we're witnessing right now,
• 1:14
  right? The battle Royale between the
• 1:17
  paper, U.S. dollar and silver and gold.
• 1:21
  This same fight has gone on hundreds of times throughout
• 1:24
  history, and silver and gold have won every single time.
• 1:29
  I want to pull up a chart for you, a picture, a graphic that I
• 1:33
  think will demonstrate this. You're looking at a picture of a
• 1:37
  Monopoly dollar, AUS paper dollar, and three one ounce pure
• 1:45
  silver coins. I want you to think about this
• 1:49
  for a second. Two of these three are very,
• 1:53
  very similar to each other and one stands out as different.
• 1:59
  Think about your answer. Of course, the paper Monopoly
• 2:04
  money and the paper US Fiat money are much more similar to
• 2:10
  each other than to the three ounces of pure silver.
• 2:14
  The paper Monopoly money, right? It's only worth anything when
• 2:19
  the game is being played. The paper U.S. dollar, Can't we
• 2:24
  make that same argument? It's only worth anything when
• 2:27
  the game is being played, when there's confidence in it.
• 2:32
  Other than that, it's just a piece of paper.
• 2:35
  And just like Milton Bradley can print as many paper Monopoly
• 2:40
  dollars as they want, our Federal Reserve can print as
• 2:45
  many paper dollars as they want. Silver.
• 2:50
  I don't think we can print that now, can we?
• 2:53
  And for definitive proof why we are printing money, let's look
• 2:57
  at the US national debt. 35 trillion $800 billion Interest
• 3:04
  expense almost $1 trillion AUS federal budget deficit official
• 3:10
  of $2 trillion. As the debt goes up, the
• 3:14
  interest expense expands, explodes, That makes the US
• 3:20
  budget deficit get bigger, that makes the US national debt get
• 3:23
  bigger, and it all turns into nothing more than a big debt
• 3:28
  spiral. But to see money printing in
• 3:31
  action right now, let's go down to the M2 money supply right
• 3:36
  here, $21 trillion. And do you notice?
• 3:40
  It's hard to, it's hard to keep up with it, but it's expanding
• 3:44
  at a ever increasing pace. If we want to see how that
• 3:48
  relates to the physical silver market, we can head over here.
• 3:52
  As of the recording of this video, the dollar to silver
• 3:56
  ratio now stands at 734. That means that for each one
• 4:02
  ounce of silver that's being dug up each year throughout the
• 4:06
  entire world, for each one ounce of silver, there are 734 paper
• 4:14
  Fiat Unicorn fart dust dollars being created through that M2
• 4:19
  money supply. And you may not be a farmer.
• 4:23
  Maybe you are a farmer. Regardless, the hens are coming
• 4:28
  home to roost. Let's take a look at Extras
• 4:31
  Pyramid for a visual as to what we can expect happening in the
• 4:36
  coming years. This upside down pyramid diagram
• 4:41
  was developed by none other than John Extra, who worked for the
• 4:45
  Federal Reserve. He only died about 20 or 25
• 4:49
  years ago. What it shows is graphically how
• 4:53
  the whole entire world monetary system works, how it's always
• 4:58
  worked, how it always will work. And at the bottom, the base of
• 5:02
  this upside down pyramid, you can see gold and silver.
• 5:07
  Everything above that is synthetic man made.
• 5:10
  Things like base money, bank money, government bonds,
• 5:13
  corporate bonds, non monetary commodities, derivatives, and
• 5:18
  even crypto currencies. It's all man made.
• 5:22
  It all rest on a very small base of gold and silver.
• 5:29
  So as this battle continues between gold and silver and
• 5:33
  between the Fiat dollar, Fiat money throughout the world, it's
• 5:37
  so critical for us to understand that the actual amount of
• 5:41
  physical gold and silver, whether based on oz or even
• 5:47
  measured in Fiat dollars is minuscule when compared to all
• 5:51
  these other man made synthetic forms of quote UN quote.
• 5:56
  Currency, money, whatever you want to call it, that all rest
• 6:00
  upon the gold and silver. What's super interesting is to
• 6:04
  consider that only a minute fraction, less than 1% of any or
• 6:12
  all of those man made things like derivatives, for instance,
• 6:16
  just a tiny fraction of that nominal value.
• 6:20
  Searching, coming back to the real source, gold and silver
• 6:24
  could have explosive results in the price of gold and silver as
• 6:30
  measured in Fiat money, dollars, EUR, whatever you want to look
• 6:35
  at. Gold and silver have always been
• 6:38
  valuable. They will continue to be
• 6:41
  valuable. Look, if you want to get your
• 6:43
  hands on some gold, silver or platinum group metals, please
• 6:47
  help support channel sponsor Pimbex Pi, MB, EX, They really
• 6:52
  check all the boxes. Ultra competitive pricing, great
• 6:56
  selection and what's most important, the foundation of it
• 7:01
  all is that it's a company you can trust.
• 7:04
  I'll never tell you what to do, but I will recommend that you
• 7:07
  may benefit from checking out pin backs next time you're
• 7:10
  shopping around for some gold, silver or platinum group metals.
• 7:14
  I also want to say thank you to channel sponsor First Mining
• 7:18
  Gold, Canadian gold developer with two multi million ounce
• 7:21
  projects in Canada, gold in the ground in Canada and and a
• 7:26
  producer a mining company that's producing gold and silver right
• 7:30
  now Fortuna Mining. They have silver and gold
• 7:34
  operations in Latin America and exciting expanding gold mining
• 7:40
  operations in West Africa. You can learn more about all
• 7:44
  these companies at their respective websites, to which I
• 7:48
  will have a link in the description of this video.
• 7:51
  It's going to be a wild ride, guys.
• 7:54
  Don't forget paper dollars, paper Monopoly dollars.
• 7:59
  Aren't they pretty much the same in a lot of ways?
• 8:03
  Silver and gold, they stand out. Hey, look, you're a real stand
• 8:08
  out. I appreciate you being here.
• 8:09
  Don't forget, subscribe to the channel, give the video thumbs
• 8:12
  up. Financial support through super
• 8:15
  chat. Super thanks, PayPal, whatever's
• 8:17
  always appreciated. Never expected.
• 8:20
  But I do expect you to come back and join me again soon here in
• 8:24
  the basement. Take care and I'll see you soon.