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🚨This Will Send SILVER SOARING! - Must HEAR Big Precious Metals NEWS · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  This will send silver flying like never before.
• 0:05
  We have some interesting stories.
• 0:07
  We have some fascinating stories.
• 0:09
  We also have some scary developments that.
• 0:12
  We're going to talk about. During this video and we're
• 0:14
  going to be. Real glad that we are.
• 0:17
  Invested in silver, gold and precious metal mining stocks
• 0:21
  because guys we are going through a period of time like no
• 0:25
  other in the history of the planet let's.
• 0:28
  Start by talking about the. Comex, there is.
• 0:30
  Major stress at the. Comex and I think this post from
• 0:34
  Bob Coleman sums it up better than any.
• 0:38
  He says this comex. Silver registered inventory
• 0:42
  alert. But there's a lot.
• 0:43
  Got on from every angle we are seeing what at minimum we can
• 0:47
  call a high. Level of stress on the.
• 0:50
  Paper make believe Comex Silver Market 6,000,000 oz left moved
• 0:56
  out of the registered. Category which backs.
• 0:59
  The Silver's futures contract. We've talked about that
• 1:01
  exhaustively. The amount of registered
• 1:03
  inventory is going down, down, down at the comex.
• 1:06
  I think for the last. Six months.
• 1:08
  We've seen what, like 20 million oz per monthly?
• 1:11
  But that's not the crazy part. In yellow, open interest is
• 1:17
  sinking #1 #2 trading volume has greatly declined.
• 1:23
  We're going to look at some data on that in a second.
• 1:25
  And trading outages are destroying confidence.
• 1:30
  Everywhere we. Look guys, the COMEX is is
• 1:33
  showing trouble. Open interest down.
• 1:35
  Trading volume down. And of course.
• 1:37
  These suspicious trading outages, one of which occurred
• 1:41
  on. Black.
• 1:42
  Friday, the day after Thanksgiving and the.
• 1:44
  Other that occurred just a week or so ago which they.
• 1:47
  Blamed on a technical glitch which only seemed to affect what
• 1:51
  the precious metals markets and. What was it?
• 1:54
  Natural gas. Anyhow, the exchange may have
• 1:57
  been forced to reduce margins, and that's the other thing.
• 2:00
  Did OK just just yesterday. On silver futures contract, in
• 2:06
  order to reduce carrying cost and bring back trading volume,
• 2:10
  the next leg higher in silver may simply come from the.
• 2:14
  Idea that the that the exchanges are.
• 2:16
  Losing relevance if metal continues to flow out now
• 2:21
  shifting over. Shortly.
• 2:22
  Or briefly here to Shanghai. The Shanghai Futures Exchange
• 2:26
  has also seen an enormous drop in inventories of silver, down
• 2:31
  to multi year lows of 272 tons. Versus December of. 2025 when it
• 2:38
  was more than three times higher at 900 tons so.
• 2:43
  Everything we look at, every. Angle there's.
• 2:44
  Other big scary stories that. We're going to talk about in the
• 2:48
  shadow banking sector this. Could be huge derivatives.
• 2:52
  I don't want to be the sky is falling guy and but this is.
• 2:55
  All. How do I say?
• 2:57
  This I'm going to say it properly to you, very positive
• 3:00
  for those of us that are. Invested in silver and gold.
• 3:03
  We're going to look at the most. Recent trading data from the
• 3:06
  Comex. Here in a second.
• 3:07
  But I almost forgot to say the most important thing.
• 3:10
  Thank you for joining me. And upstairs, Susie, the one and
• 3:14
  only down here in the basement. We are basement dwellers.
• 3:18
  We love our silver, we love our gold.
• 3:19
  We even get together on Saturday nights.
• 3:22
  It's Saturday Night Live, so. Thank you for being here.
• 3:24
  Please subscribe to the channel, give the video a thumbs up,
• 3:27
  leave a comment in the comment section.
• 3:29
  We want to hear from you. That's how we all.
• 3:31
  Learn is from each other. You don't have to agree with me.
• 3:35
  Trust me, I've heard it all in my five years on YouTube and
• 3:38
  that and thank you for being here.
• 3:40
  Let's go look at that interesting most recent.
• 3:43
  Data from our good. Friend the.
• 3:44
  Dude who shares with us. Here we go.
• 3:49
  Here's the dude Yesterday the silver market traded 200.
• 3:54
  And 51 million. Paper Oz, that's the comex,
• 3:57
  that's the paper. OK guys, while that's still.
• 4:01
  A lot. OK, that's almost 1/3 of the
• 4:04
  entire. World's Silver.
• 4:06
  Mining production, right? For one year, the entire silver
• 4:10
  mining that's miners can produce about 800 million ounces.
• 4:14
  That's almost a third of that. But it's actually much lower.
• 4:19
  Than what we've seen recently. He said the.
• 4:21
  LBMA had three. 170 deliveries the last three days don't look
• 4:26
  typical I really. Do think some false flag this
• 4:29
  month? Will be the excuse for.
• 4:31
  Force majeure. If you don't know what force
• 4:34
  majeure means, it basically means when a someone who's
• 4:36
  contractually obligated to do something basically.
• 4:40
  Throws up their. Hand so I want you to envision
• 4:42
  our good friends at the Comex. All those friendly.
• 4:45
  Boys and girls throwing their. Hands up and saying.
• 4:48
  Sorry, we can't. Deliver on all of our. 371
• 4:52
  Paper. Promises for each one actual
• 4:54
  silver oz Yeah, so that's. What he is saying could happen.
• 4:58
  Get your. Physical if you.
• 5:00
  Can and enjoy the. Reset.
• 5:02
  Let's make sure. Sure, I was right when I.
• 5:04
  Said that was. Yep, there it is, right there in
• 5:06
  the middle that. Was from Friday, so that's
• 5:10
  what's happening now, now. Let's talk about scary.
• 5:13
  Developments that could lead to massive expansion of the Fed
• 5:17
  balance sheet. Why is that important?
• 5:19
  Because of the Fed. Has to expand the balance sheet.
• 5:22
  Massively to deal with the financial crisis that.
• 5:25
  Will send the price of gold and silver also skyrocketing.
• 5:29
  Think about what we just talked. About with the COMEX, which is
• 5:32
  already an crazy precarious position.
• 5:35
  Open interest down trading volumes down the inventory the.
• 5:38
  Registered the actual. Silver, believe it or not, that
• 5:41
  tiny amount that backs it up down, down, down if we in there
• 5:45
  there are big scary signs happening right now in the
• 5:49
  shadow banking like the private credit section, which.
• 5:52
  We got to talk about this is. Front page news and this is one
• 5:56
  of the most important stories for Precious.
• 5:59
  Metals they could develop. Further, in the coming weeks and
• 6:02
  months, it could happen. Quickly, let's go to the.
• 6:05
  Headlines and we're. Going to talk about what's.
• 6:08
  Happening Here we go. We got a.
• 6:11
  Lot to cover on this subject. Something big just happened.
• 6:15
  BlackRock, the world's largest asset manager, just blocked
• 6:21
  withdrawals. OK, investors tried to pull 1.2
• 6:26
  billion from its 26 billion private credit fund.
• 6:30
  Remember that. We're going to talk.
• 6:32
  All you're going to learn, you're going to learn a lot
• 6:33
  today. Private credit fund BlackRock
• 6:35
  said. Nope and.
• 6:37
  Capped withdrawals at 5%. Nearly half of the investors who
• 6:41
  wanted out were denied their money.
• 6:44
  And at the same time, a separate company called Blackstone.
• 6:48
  And I'll tell you about the interesting relationship between
• 6:50
  BlackRock and Blackstone. Faced record withdrawals.
• 6:55
  And had to inject 400 million of its own cash.
• 6:59
  When the biggest funds on earth start limiting withdrawals, it's
• 7:05
  a major warning sign for the entire 1.8 trillion private
• 7:10
  credit market. OK man, I don't even know where
• 7:13
  to start. I may have to come back to that
• 7:15
  one. Guys, cuz there's a lot.
• 7:17
  To uncover here, this is not a good thing, not a good sign, OK,
• 7:21
  basically they're limiting redemptions.
• 7:24
  This is Money. This is the considered the
• 7:26
  shadow banking systems. And to explain what that means
• 7:29
  to you, shadow banking is the banking that goes on outside of
• 7:33
  the the mainstream banking apparatus.
• 7:36
  So this is not JP Morgan, this is not Citibank, this is not
• 7:40
  Montgomery Bank, This is not, you know, whatever Ron's
• 7:43
  basement bank. It's the shadow banking system.
• 7:47
  It's private. Credit.
• 7:48
  It's where sophisticated investors, it's Black Rock and
• 7:52
  Blackstone, OK. This there?
• 7:55
  There's big trouble. Brewing in the sector?
• 7:57
  Think about what happened. Black Rock.
• 7:59
  Is the world's biggest. Financial company.
• 8:02
  They have more assets under management than anyone.
• 8:05
  Else they just said. You want your money?
• 8:08
  Sorry, you can't have all your money.
• 8:10
  That's a big deal. Blackstone OK is a completely
• 8:16
  separate company. They said the same thing and
• 8:18
  Blackstone is almost exclusively involved in this private.
• 8:22
  Credit Shadow. Banking system they also get.
• 8:26
  Now the interesting thing is Blackstone, I think it was 1985
• 8:31
  when it was founded, was the first company BlackRock, right?
• 8:35
  The one in BlackRock is an example, runs the SLV and
• 8:39
  GLDETF. BlackRock was spawned from
• 8:42
  Blackstone. This is a big, big, huge deal.
• 8:46
  OK. And these are the premier
• 8:48
  companies in this. Private credit, Private equity
• 8:52
  Shadow. Banking system and if they're
• 8:55
  saying. You it's it's.
• 8:57
  I don't. Want to?
• 8:57
  I don't want to be overdramatic. About this, but it's.
• 9:00
  Kind of like a bank run everybody showed.
• 9:02
  Up and said, hey, we don't trust you.
• 9:04
  With our money right now. Or we we well.
• 9:08
  We don't. We would like our money back.
• 9:11
  I'll. Leave it at that.
• 9:11
  And there and the big companies are saying sorry, sorry, sorry.
• 9:14
  Now, in their defense, they do sometimes have to limit.
• 9:17
  It because they they have to sell.
• 9:19
  Things and all that but there's been other major cracks in the
• 9:22
  system within the Shadow Bank banking system.
• 9:25
  If this happens, this could be and again the.
• 9:29
  Scary part about it. Think about it.
• 9:30
  This is BlackRock in Blackstone. They're the premier companies in
• 9:35
  this sector. What about all the other?
• 9:37
  Shadow banking companies and we're going to look at one from
• 9:40
  the in in England, they came out recently as well.
• 9:44
  And on top of that layer on top of that.
• 9:48
  Not directly related, but definitely related to.
• 9:51
  US in the gold and silver sector.
• 9:52
  The financial system. Now has take a deep breath. $845
• 9:59
  trillion in derivatives if these things if the shadow banking
• 10:04
  system again, I don't want to be sky is falling, but if it.
• 10:07
  Starts to fall apart. It's massive.
• 10:09
  It's almost $2 trillion. If that bleeds into the
• 10:12
  derivatives market, 845 trillion at least of derivatives and
• 10:17
  derivatives. Are like.
• 10:19
  Bets on bets on bets that these companies do with them.
• 10:22
  Warren Buffett called the derivative market weapons of
• 10:26
  financial mass destruction. Guys, we got to stay on top.
• 10:30
  Of this I got so many notes I want to make.
• 10:32
  Sure, that I covered. Everything here OK.
• 10:35
  Yeah, BlackRock was. I'm sorry, Blackstone.
• 10:37
  Was the 1st and and that's and that's all they do they had to
• 10:41
  inject $400 million of their own of their own money even here
• 10:46
  let's. Look at a couple other articles
• 10:47
  that are out about this because this has the potential to be
• 10:50
  huge. The Financial Times is covering
• 10:53
  it. Financial Times.
• 10:56
  Exclusive This is like the Wall Street.
• 10:58
  Journal of London BlackRock has limited withdrawals from one of.
• 11:02
  Its flagship flagship private credit.
• 11:05
  Funds following a surge and redemption request as investors
• 11:10
  retreat from the asset class and ask questions.
• 11:13
  About credit quality intensify people it's it was.
• 11:20
  I don't know how to explain this.
• 11:21
  OK, here I'll give you a great analogy.
• 11:24
  Remember the great financial? Crisis.
• 11:26
  That was all. Because.
• 11:27
  The banks were doing all this funny business with crappy home
• 11:30
  loans basically OK now. It appears maybe potentially
• 11:36
  the. Same thing is happening with.
• 11:38
  Private credit, right? Which is the the what do they?
• 11:41
  Call it the shadow banking system.
• 11:43
  This could be huge, and it's not.
• 11:45
  It's not just BlackRock and Black Blackstone, it's a bunch
• 11:48
  of other companies that are that are showing signs of.
• 11:51
  Stress, shall I say. And it's even happening over the
• 11:54
  pond with our friends in London, England.
• 11:57
  Bank of England is now investigating.
• 11:59
  The collapse of a 2. Billion dollar shadow bank.
• 12:03
  Over fears of here as fears about the sector RIP through.
• 12:09
  Stock markets, OK, guys again. The the big key take away here
• 12:14
  as a gold and. Silver Investor is a basement.
• 12:16
  Dweller is the fact that if we get.
• 12:19
  Potential some type of C? Word crisis that occurs with
• 12:23
  this, It will require the Fed. To expand their balance sheet.
• 12:29
  Also known as print money. Also known as inject liquidity.
• 12:33
  Also known as destroy. Further, the value of that paper
• 12:38
  dollar, which will be rocket fuel for the price of.
• 12:42
  Silver and gold, OK, so we're going to stay on top of this
• 12:45
  one. It's a major.
• 12:46
  Story Oh. Here you want the worst.
• 12:47
  Case one more the. Sky is falling, Jim Rickards,
• 12:53
  I'm going to let you listen to to some.
• 12:55
  Doom Prophecy here Jim Rickards who is worked for the US.
• 13:00
  Government. I think he worked.
• 13:01
  For the CIA. Worked for the Defense
• 13:03
  Department, wrote a best selling book.
• 13:06
  Super respected guy. In the world of of understanding
• 13:10
  how the financial, fiscal and monetary systems.
• 13:13
  Work. Let's listen to what he has to
• 13:15
  say about the worst case. I want to emphasize worst worst
• 13:18
  case scenario. This is only a few seconds long.
• 13:21
  This one came from Black Swan Capitalist Everything you.
• 13:24
  Need to know about black? Rock's plan Black Rock's plan
• 13:27
  for the financial. System just happened when
• 13:30
  liquidity disappears. They don't let the system.
• 13:33
  Collapse. They freeze it right?
• 13:35
  Like we just saw OK access to. Your money becomes conditional.
• 13:40
  Now let's listen to what Mr. Jim.
• 13:42
  Rickards has to say about. Again, I want to emphasize what
• 13:46
  I what I. Think is worst case scenario.
• 13:49
  You be the judge. For yourself.
• 13:51
  When the next crisis hits, the elites are planning to freeze
• 13:54
  the financial system, and they'll replace it with a new
• 13:57
  system When the next crisis hits, the elites are planning to
• 14:00
  freeze the financial system, and they'll replace it with a new
• 14:03
  system 1 not based on the US dollar.
• 14:06
  When that happens, we'll wake up to a very strange and disturbing
• 14:09
  new reality. And for our viewers that are
• 14:10
  watching today, what might their reality look like that morning?
• 14:14
  How does this manifest? First, they'll have gone to bed
• 14:16
  knowing that a massive financial crisis was underway.
• 14:18
  But when they wake up, they'll find it has worsened and the the
• 14:21
  contagion has spread worldwide. When they go to withdraw money,
• 14:25
  their ATM will say close temporarily.
• 14:27
  When they go to sell stocks, their account will say
• 14:29
  transaction not available. When they go to their local
• 14:32
  business, that business will only accept cash if it's open.
• 14:35
  As citizens realize they're being borrowed from the money,
• 14:38
  riots will erupt. It's going to get really bad
• 14:40
  really quickly. How would such a freeze actually
• 14:43
  work when the next crisis? So I'm not predicting.
• 14:47
  I don't want that to happen. I know you don't want that to
• 14:49
  happen, but. That is the worst case.
• 14:51
  Scenario and Jim Rickards is not some goofball.
• 14:54
  Again, best selling author, had high profile positions within
• 14:58
  our government and government agencies.
• 15:00
  I think he worked with Ronald Reagan on the in the in like the
• 15:04
  economics department. Whatever the case may be, we'll
• 15:07
  see. How it all plays out, but guys
• 15:09
  we need. To stay on top of what's
• 15:11
  happening in this. Private credit sector, OK.
• 15:14
  And we'll be glad that we own some of this.
• 15:16
  Look at that. Isn't that beautiful?
• 15:19
  That's the back of the. Buffalo round from channel
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  sponsor first meant we're not able to do these live streams
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  without the generous support of our sponsors first meant.
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  Is the silver exclusive? Meant in the United States,
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  they're owned by First Majestic. Silver.
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  They mine the. Silver they ship it to.
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  Las Vegas. Nevada these world class silver.
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  Bullion products are created and then they.
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  Go straight to you. What I'm hearing from you, what
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  I'm experiencing myself in dealing with.
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  Is that it is? Truly a premium retail
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  experience for normal. People like us that.
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  Want to get our hands on some silver?
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  And as an added bonus, remember that electronic silver exchange
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  we. Talked about earlier the Comex.
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  When you buy silver from First Mint, it is never touched by the
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  Comex. Literally, it goes.
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  From the mine to the mint. Directly to you there's a
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  discount code. VIPR.
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  B. That you can use.
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  To get a little discount, let me show you their.
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  Website here real quickly. First, mint.com and there it is
• 16:26
  and what you're looking at right now.
• 16:28
  Is their year of the. Snake coin.
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  They got all kinds of products. You're the dragon I love.
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  All of these the Year of the Horse.
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  I just got one of those. It's brand new.
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  It's awesome. And of course, the Buffalo Round
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  with that Indian Head on the back that I'm just going to be
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  honest with you, it's one of the most beautiful.
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  Silver works of. Art that I've ever seen in my
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  life. Here, let's do a little.
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  Show and tell. Here's that.
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  Here's that. Indian Head one more time I
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  mean, who doesn't love before I came on live I was I picked this
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  up and I was like I. Just think it's absolutely
• 17:00
  stunning. Look at that.
• 17:02
  All right, enough of that. Let's talk.
• 17:04
  About the biggest story. That's happening with gold and a
• 17:07
  bunch. More as well.
• 17:09
  And we're going to talk. About oil you guys keep.
• 17:11
  Asking about oil. I made a big mistake.
• 17:13
  I owe you an apology. Yesterday during the live
• 17:15
  stream, I was wrong, I said. The price of oil.
• 17:18
  Had gone up by 30% and like the. Last week, the reality is it was
• 17:22
  50. Percent.
• 17:23
  It's gone from about. 60 ish 64 up to what?
• 17:27
  9092. Dollars per barrel.
• 17:31
  I'm so used to saying. Dollars per hours, dollars per
• 17:33
  barrel that. Is indeed, and that comes from a
• 17:36
  guy who has a degree in accounting and fancies himself
• 17:39
  to be good at math. That is indeed a 50%.
• 17:42
  Increase in oil roughly Oil is everything, oil is the.
• 17:47
  Lifeblood of the world economy. When oil goes up, it's.
• 17:51
  Just not your gas tank. That gets more expensive.
• 17:54
  To fill it's everything around you oil.
• 17:56
  Is used for everything, so it could usher.
• 18:00
  In a new wave of major inflation, which again is so
• 18:05
  positive. For gold at.
• 18:06
  The end of the day. The value of gold and silver,
• 18:09
  it's real. Simple.
• 18:11
  When you when you boil it all down, there will be short term
• 18:14
  noise, but devaluation of the US dollar, which is the same thing
• 18:20
  as inflation. You can call it inflation or you
• 18:24
  can call it devaluation of the US dollar.
• 18:26
  It's 6 or. One half dozen.
• 18:29
  The other they're they're. They're the same exact thing and
• 18:32
  that is what is going to happen. As if the price of.
• 18:37
  Oil, even. Stays where it is, right?
• 18:39
  Now at $90.00 per. Barrel but some people.
• 18:42
  Are talking about 150 even $200 per?
• 18:46
  Barrel oil. So we're going to keep a.
• 18:48
  Close eye on oil. We're going to keep a close eye
• 18:50
  on the shadow banking system. And of course, we're going to
• 18:53
  keep a close eye not only on you.
• 18:55
  Don't forget to subscribe please.
• 18:57
  But also on the comex. Because.
• 18:59
  There's some problems in the paper metals.
• 19:02
  Market. Let's talk about a.
• 19:03
  Big developing situation in gold.
• 19:06
  That could be. The signal, according to Rafi.
• 19:08
  Farber, who I've got a lot of respect for.
• 19:11
  Of the end game actually occurring and I had.
• 19:14
  No idea this. Was actually happening right
• 19:18
  now. Here we go.
• 19:20
  So we're going to start on this, OK, That was first meant you
• 19:25
  were looking at again from the gold, silver.
• 19:27
  HQ physical gold shortage plus Fiat crisis ahead.
• 19:33
  What they're talking? About is the relationship.
• 19:37
  In the gold market, between the futures and the spot, the blue
• 19:40
  line or the carry, the contango? Versus the red.
• 19:44
  Line we're going to look at this chart next, which is the D carry
• 19:47
  or the backwardation discount OK when Spot gold cost more than
• 19:52
  futures. If the lines cross gold enters
• 19:55
  backwardation. Physical gold becomes even more
• 19:58
  scarce. People distrust paper promises
• 20:01
  and want real metal now signals. Extreme tightness in supply or
• 20:06
  loss of faith? In the dollar Fiat system,
• 20:11
  excuse me and Rafi. Farber is who brought this up,
• 20:14
  he said. Once the blue line in the red
• 20:18
  line cross. Gold.
• 20:19
  Will be in backwardation again guys.
• 20:22
  Backwardation means when the. Spot price gets higher.
• 20:26
  Than the futures. Price.
• 20:28
  Permanent gold backwardation equals the end game by
• 20:32
  definition. I believe what he means by that,
• 20:35
  and this makes sense to me, I hope it makes sense to you as
• 20:38
  well, Is that when gold get, when gold goes into
• 20:41
  backwardation and people want gold now and are willing to pay
• 20:45
  a premium now as opposed to waiting for the.
• 20:47
  Future that has shown. The gold has overtaken the Fiat
• 20:51
  currency. There's been a lack of or or a
• 20:55
  breakdown in. Trust that people would say.
• 20:58
  I would rather have my gold now than in the future.
• 21:01
  We followed this closely in the silver markets, in the silver
• 21:04
  market. Is a little.
• 21:05
  Bit different because of industrial demand.
• 21:08
  If this happens in the gold markets, this is a major, major,
• 21:12
  major. Issue which could be what Rafi
• 21:15
  refers. To as the end game, which is
• 21:17
  kind of the as I understand at the end or the destruction of
• 21:20
  the Fiat currencies and think about this guys, you know, I
• 21:24
  know it's not pleasant to think about and I'm not actually
• 21:28
  rooting for it to happen, but things that.
• 21:31
  You know these Fiat currencies. For thousands of years, the.
• 21:34
  U.S. dollar is not the world's first Fiat currency.
• 21:37
  It's one in a long line of hundreds, possibly thousands in
• 21:41
  all the previous ones. Right, they got a.
• 21:44
  Perfect record of failing. OK, so when we look at this and
• 21:48
  it seems. We are.
• 21:50
  We are. Dealing with the situation.
• 21:52
  I haven't we got. A condition.
• 21:54
  I'm going to diagnose you in a good way, and it's OK because
• 21:58
  almost everybody, every human has.
• 22:00
  This It's called recency bias because the dollars always been.
• 22:04
  Valuable throughout our entire lives.
• 22:07
  It's lost a lot of its value, but we still believe it's
• 22:10
  valuable because of recency bias.
• 22:13
  And I'm not saying it's going to happen tomorrow.
• 22:15
  It could. It could, but.
• 22:17
  Realistically, no, very most likely no, right.
• 22:20
  And maybe not even in my lifetime.
• 22:22
  But at some point, OK, we know one thing for sure, the dollar
• 22:26
  will continue to. Lose its value and we.
• 22:29
  Cannot rule out. We can't rule out.
• 22:31
  I don't want it to happen. I don't want complete, utter
• 22:34
  mayhem going on in the world. I know you don't either.
• 22:37
  But we can't absolutely rule that out either.
• 22:40
  And we take a step back and think about what's happening in
• 22:43
  our world right now. I mean, my gosh, guys, we have a
• 22:47
  major war going on in the middle.
• 22:50
  East, we got a major. War going on in Europe.
• 22:54
  We just, like, invaded Venezuela.
• 22:57
  We were. Talking about taking over
• 22:58
  Greenland not too long ago, but on top of that, internally
• 23:02
  within the United States, I heard somebody on one of the
• 23:05
  mainstream media news. Show say it the other day we
• 23:07
  have like the. Equivalent of almost.
• 23:09
  Tribal warfare be. Between like people that have
• 23:13
  vastly different views. Of how the world should be.
• 23:16
  You know, and I'm not a this is not a political show.
• 23:19
  I'm not saying pro or con anybody, but things are a
• 23:22
  little. Bit crazy.
• 23:24
  Right now. And then on top of that, think
• 23:26
  about what? We talked about with what's.
• 23:28
  Going on at the Comex, the will be will be nice and say they're
• 23:32
  under a little. Bit of stress so from a silver
• 23:35
  perspective as well. I don't know man.
• 23:37
  It's looking absolutely. Let's say optimistic or or or
• 23:43
  maybe the right way for us to. Say it is that we can feel.
• 23:46
  Good about the fact that we've. Decided to put some of our money
• 23:48
  into silver and gold. We got more data to look at.
• 23:51
  First I want to say thank you channel sponsor First Mining
• 23:54
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• 23:57
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• 24:00
  with two multi million ounce projects in Canada.
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  They're working through the development process, but it's
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  separately have. Millions of Oz of gold in the
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• 24:22
  jurisdictions. You can learn more about First
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  Mining Gold at firstmininggold.com, but please
• 24:29
  always remember I'm not a financial advisor.
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  Do your own research. Get professional help, all that.
• 24:34
  Great stuff. All right, let's go.
• 24:36
  Out and look next at some interesting data that's flowing
• 24:41
  through about silver and gold. But there's something even more
• 24:45
  interesting about this. I'll say for the end the best
• 24:47
  performing commodities over the. Past year.
• 24:50
  Silver up to 100%. Gold up 84%.
• 24:54
  I had no idea. That's not the interesting part,
• 24:56
  but I it is interesting, but something even more interesting
• 24:59
  to come. I had no idea that gold and
• 25:01
  silver, I mean look at this, have just absolutely killed it.
• 25:05
  That was through. The end of February I mean
• 25:08
  copper is in 3rd. Place at 32%.
• 25:12
  But everything else kind of down.
• 25:14
  And then even some of the commodities, corn, lumber,
• 25:17
  sugar, even coffee was down. Wow.
• 25:20
  I don't know about you, but when I go.
• 25:21
  Buy coffee at the grocery store. It certainly doesn't.
• 25:24
  Feel like the price of coffee went down?
• 25:26
  Over the last year. Anyway, I digress.
• 25:29
  The Really. Interesting thing about this
• 25:32
  post is who it's from and guys this is big 737,000 followers on
• 25:42
  X. That is.
• 25:43
  A massive, massive account. But what's even more interesting
• 25:47
  about it is right, he's not a gold and.
• 25:50
  Silver maxi OK, the point here is that we.
• 25:54
  Are getting more and more new people.
• 25:56
  Maybe you're new to silver and gold.
• 25:58
  Welcome to the basement, I hope. You feel like you found some
• 26:01
  friends down here. Right, you're always.
• 26:03
  Welcome. More and more new people are
• 26:05
  joining the silver and gold movement.
• 26:08
  More and more people are waking up now.
• 26:11
  You know, cheap, cheap noise warning.
• 26:13
  You know, right, that up until now in the United States, only
• 26:18
  like 1 or 2% of us knew about the wonderful attributes of
• 26:24
  investing in silver and gold and precious metal mining stocks.
• 26:28
  And the other 98% when when they would ask us or they've never
• 26:32
  asked, but when we tell them about.
• 26:33
  Silver and gold, their eyes. Would kind of.
• 26:35
  Gloss over. They're like.
• 26:37
  No, my, my, my financial planner never talks about silver and
• 26:41
  gold. But there's a reason why.
• 26:42
  Because they don't make any money off selling you silver and
• 26:44
  gold. But I digress. 98% of the people
• 26:48
  out there don't know, but they're starting to wake up.
• 26:51
  It's a big. Herd of people that we like to
• 26:54
  call the sheeple. And when they wake up and say I
• 27:03
  want to get into silver and gold and they're starting to wake up,
• 27:06
  maybe you're a recently converted sheeple.
• 27:08
  Welcome. OK, but more and more.
• 27:10
  It's going to be a. Stampede of sheep.
• 27:13
  And guess what? There's just not going to be.
• 27:16
  Especially physical silver. It is such a sensitive market on
• 27:21
  the retail side. They're going to, they're going
• 27:23
  to go online and they're going to see the big online bullion
• 27:25
  dealer saying, yeah, you can buy silver and gold, but there's a
• 27:29
  eight week shipping delay. They're going to go to their
• 27:31
  local coin shop and go inside in those.
• 27:35
  Cases. Are going to be barren.
• 27:38
  I don't know, they're going to have Beanie Babies in there or
• 27:42
  something instead. Because there's not.
• 27:43
  Going to be any. Physical silver especially.
• 27:46
  Around it'll happen, I believe just my I know it's going to
• 27:50
  happen, so it's my. Belief.
• 27:51
  I can say it. It's going to happen to Silver
• 27:53
  first, right? And then?
• 27:55
  We're likely to see it. Happen to gold as well.
• 27:57
  The world is already scrambling to get their hands on all the
• 28:02
  gold and all the silver they can.
• 28:04
  You know what's happening in India?
• 28:06
  Importing like record levels of. Silver India and China getting
• 28:10
  their. Your hands on all the And those
• 28:12
  are the world's. Massive economies, but with
• 28:17
  massive numbers of people and economies that are growing.
• 28:20
  I don't know, man, I'm are you feeling good?
• 28:24
  I hope you are because I'm feeling.
• 28:26
  Good about what we're experiencing.
• 28:28
  Right now. In the silver and gold.
• 28:30
  So that's a the big, the big point is there's a guy.
• 28:33
  I'm sorry, Charlie, the guy we just looked.
• 28:35
  At right there's a guy with almost 800,000 followers on X,
• 28:40
  and all these people that like Next Level are all starting to
• 28:44
  talk about silver and gold. It's very, very, very
• 28:48
  interesting. What about?
• 28:49
  Rashad, you want some good news? Smiley news?
• 28:51
  We're. Going to talk about gold a
• 28:53
  little bit. More but remember, gold is the
• 28:55
  king granddaddy of. Precious.
• 28:58
  Metals and our good friend. Rashad pointed out.
• 29:00
  We're going. To look at a chart that'll make
• 29:02
  you smile, every triangle formation and Gold's bull run
• 29:05
  resulted in a 30% gain. Post breakout, he says given
• 29:10
  the. Gold is approaching the apex of
• 29:12
  the present triangle. That's where it comes together.
• 29:14
  I'll show you in a second. The breakout.
• 29:16
  Is likely going to happen at the end of March.
• 29:20
  With average advancing period of.
• 29:22
  Almost two months. So at the end of March, Rashad
• 29:25
  is saying that we're going to have a breakout and that that
• 29:28
  breakout is going to last for two months.
• 29:30
  I. Expect gold to reach what?
• 29:33
  A minimum 7000 by mid-May. I think Rashad's also.
• 29:38
  Calling for definite like 100. Dollar plus silver as well.
• 29:42
  Breakout is drawing closer every single day.
• 29:45
  Let me show you what he's talking about.
• 29:47
  And it's it's. True, right here, he's got.
• 29:50
  One triangle back then, second triangle back then third
• 29:55
  triangle back then. As you can see, after the first
• 29:58
  triangle we went up 30%, second triangle 30%, third triangle we
• 30:04
  went up 34% so. Here we are today.
• 30:08
  My fellow basement dwellers yet again finding ourselves in
• 30:11
  another triangle when when it it at some point, right because as
• 30:17
  time goes by down here on the. X axis.
• 30:21
  This is the X axis. This is the Y axis as.
• 30:26
  Time goes by eventually. The price has to break.
• 30:29
  Out either to the downside, OK, we're going to erase that
• 30:33
  because we don't want that to happen or the upside and if it
• 30:36
  goes up 30%. Wow, he's wow, that guy.
• 30:41
  Isn't that? Hard if it goes up. 30% from
• 30:44
  here we're talking about gold price of $7000 and that just hit
• 30:49
  me. I'm like.
• 30:49
  That can't be right, but that is right.
• 30:51
  Let's go look. Let's go look at the gold and
• 30:53
  silver price. Real.
• 30:54
  Quickly and then we'll recalculate those numbers.
• 30:57
  We're going to go to the spot market here first.
• 31:01
  And what we see is yes, right? $5200 gold if you multiply that.
• 31:07
  By 30%, you're basically yeah, you're going to get.
• 31:12
  You're going to get about $1700. You're going to get about 6900.
• 31:16
  Dollar gold so. $7000 gold is definitely within reach.
• 31:21
  I apologize. Let's circle that again. 5174 we
• 31:25
  need to compare. Because we talked about this
• 31:27
  potential for. Backwardation in the gold
• 31:30
  market. So it 5000 if gold is
• 31:33
  backwardated, which it's. Not right now, but we're going
• 31:36
  to look at how. Close it is the futures price
• 31:39
  would be lower. Than 5174.
• 31:43
  Dollars. And that is not the case.
• 31:47
  But it is as you can see. Real darn close.
• 31:51
  OK. This is the the gold futures
• 31:54
  price. There it is, right?
• 31:56
  There Gold comex April 20265000 barely above the futures price
• 32:02
  in gold is barely. Above the spot price, let's look
• 32:05
  at silver. So I think Silver's back in
• 32:08
  contango. As well.
• 32:09
  So silver. In the futures market closed.
• 32:12
  At 80. $4.70. Which is.
• 32:18
  Hold on here. Yep, about $0.10 higher than the
• 32:21
  current spot price. So we basically in the silver
• 32:24
  market and the gold market we're in a state of.
• 32:28
  What I like to call it like. Equilibrium, which is very
• 32:30
  weird, very strange in and of. Itself, but us basement
• 32:34
  dwellers. Besides coining the term
• 32:37
  debasement. Trade that everybody else uses.
• 32:39
  Now, we also coined the term to describe when the futures and
• 32:44
  the spot market are balanced, which is unusual in and of
• 32:47
  itself, but we call that backwardation, a combination of
• 32:53
  backward backwardation and contango.
• 32:56
  All right, we got a few more things to look.
• 32:57
  At here guys, it gets. More and more interesting.
• 33:01
  As the days go by. Make gold great again with a
• 33:04
  friendly reminder. Silver's down 30% from its all
• 33:07
  time high. A little.
• 33:08
  Over 34 days ago. But up 177% from a year ago.
• 33:14
  We are doing really, really good in the world of silver and gold
• 33:19
  as well. And.
• 33:21
  Right, we got to look at this. This is a big.
• 33:24
  Picture deal, but when foreign central banks now own more gold
• 33:28
  than US? Treasuries.
• 33:30
  There's a big. Reason why this is important.
• 33:32
  For the first time in almost 30 years, I want to point something
• 33:36
  out to you. OK, the yellow line.
• 33:40
  I'll get the crayons out. The yellow line, as you can see
• 33:43
  is. Gold.
• 33:44
  The blue. Line is U.S.
• 33:45
  Treasuries. But what's?
• 33:47
  Really. Important to see.
• 33:49
  OK. Number one, it's interesting now
• 33:51
  that gold makes up more of central bank's holdings than
• 33:55
  Treasuries. But right.
• 33:57
  This. Was 1995 when it when, when
• 34:01
  treasuries overtook gold and now we are in 2026, we're 20 years
• 34:07
  later. These numbers, these these
• 34:10
  trends. Don't flip flop right as.
• 34:13
  You can see this goes all the way back to 1970.
• 34:17
  Gold was always much higher. It went down, it went back up.
• 34:20
  What I'm saying is we're not seeing a crisscross in these
• 34:23
  levels. The fact that we are now in a
• 34:26
  really relatively and they've got it circled.
• 34:28
  But I'll circle. It for you as well in a
• 34:29
  relatively healthy way. This will most likely continue
• 34:33
  up and up and up and that will continue.
• 34:37
  But there's a big reason why that's important, big reason
• 34:40
  that will continue to be. Supportive for the gold price,
• 34:43
  but also the silver price as well.
• 34:45
  But the big take away there is. That's the world central banks.
• 34:50
  I got an important secret for you.
• 34:52
  The world central banks are the most in the know.
• 34:55
  They're the most insider oriented.
• 34:58
  They write. The rules.
• 34:59
  They know more about what's going on in the world financial
• 35:02
  system than anybody. So think about it, right?
• 35:06
  They know more than the hedge funds.
• 35:08
  They know more than BlackRock, right?
• 35:10
  If the world central banks are continuing.
• 35:13
  To buy gold which they. Are we just got some data, new
• 35:16
  data out of China, I'll. Cover that tomorrow, I've
• 35:18
  already. Taken up enough of your time
• 35:19
  here here on a Saturday night. OK, if the if the.
• 35:22
  World central banks are continuing to buy gold.
• 35:25
  They're the smartest. Guys in the room think about it,
• 35:30
  you know, like if you're hanging out with your neighbors.
• 35:32
  At a BBQ. Right, eating some fried chicken
• 35:35
  or whatever the heck you are. Barbecued chicken.
• 35:38
  And one of your neighbors comes up and you got one guy in your
• 35:40
  neighborhood that everybody knows is super rich and super
• 35:44
  smart, but your other neighbors come up and like, hey, did you
• 35:47
  hear? And his name's Charlie.
• 35:49
  And they said, hey. Did you hear what, Charlie?
• 35:50
  Was telling people what he's buying right now.
• 35:53
  People are going to. Perk up, right?
• 35:54
  Because Charlie. Knows.
• 35:55
  Well, guess what? The central banks know and that
• 35:58
  explains why the world central banks are buying gold like never
• 36:03
  ever, ever before. If you enjoyed your time down
• 36:06
  here in the basement with me, I've really enjoyed having you
• 36:09
  here. Please say hi to upstairs.
• 36:11
  Susie in the comments, but subscribe to the channel.
• 36:14
  That way you can come back. We can hang out some more.
• 36:17
  Have a great. Night and I'll see.
• 36:19
  You. Yes, I see you.
• 36:21
  I'll see you.