Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🔥 Gold & Silver Investors: This Could Be the Most Powerful Shift of Our Lifetime!

Transcript

🔥 Gold & Silver Investors: This Could Be the Most Powerful Shift of Our Lifetime! · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  We have historic developments in the gold and silver markets and
• 0:05
  the precious metal mining stocks as well.
• 0:08
  We're going to cover all of that in this video and we're going to
• 0:11
  talk about why Donald Trump, why we can now say is officially
• 0:15
  ushering in an absolute new era, a new decade for the precious
• 0:21
  metals. But the most important thing
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  that we need to talk about is you.
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  Thank you for joining me down here in the basement.
• 0:27
  Thanks for being part of this community.
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  We love gold. We love silver, But most
• 0:32
  important, it's a big, big honor when you choose to be down here
• 0:35
  with me, right? We are friendly people and we
• 0:38
  are on an awesome journey together.
• 0:39
  Please subscribe to the channel, give the video a thumbs up.
• 0:43
  You matter, your comments matter, everything matters.
• 0:46
  But let's talk about what's going on right now in the silver
• 0:49
  and gold gets. Let's run out to CNBC and get a
• 0:53
  quote on the current silver and gold situation.
• 0:56
  There's the general markets. We got some red in the Dow Jones
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  Industrial Average. But what we want to look at is
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  gold, which in the futures market is up $41.00 per oz and
• 1:10
  silver up another 40 cents, $41.47 per oz.
• 1:16
  Guys, look at this came out earlier today from our friend
• 1:20
  Chris Marcus at Arcadia Economics.
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  He's got the Arcadia Economic Substack, but he says we now
• 1:26
  have a $42.28 as the new silver high of the last 14 years.
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  We've not been this high in the silver market in 14 years.
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  And you know that that was a quick spike up.
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  Let's go back to that chart. This is very important for those
• 1:45
  of you out there who don't realize this yet, Let me go back
• 1:49
  and we're going to pull up a silver chart.
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  I want to point out something very important on this chart
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  which makes a big, big difference in where we are right
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  now. Come on, computer, there we go.
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  As opposed to what happened in 2011.
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  So if we go to this rather simple because we like to keep
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  things simple here when we're in the basement, simple as good
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  chart of silver. You can see that back in 2010,
• 2:14
  2011, these are these are quarterly closes.
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  See how it goes from three March of 2011, then skips back to
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  December of 2010. We did on this chart.
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  I'll draw on here for you get up to $50 up into this range.
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  However, what I want you to look at is the fact that from here to
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  where we got it was a real rocket ship, a spike straight
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  up. The difference this time, and I
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  like to draw this on this quarterly chart, all the way
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  back to probably early 2016 range, we had a nice gradual
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  smooth increase. Now if we do spike up, right,
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  which a lot of us think could happen, we could have some, but
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  it's not going to be a straight line up.
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  However, what's critical to see again is how nice and smooth
• 3:08
  this upswing is. What that means and why that's
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  important is that during that process there were some
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  corrections, right? We were down here in the
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  basement. We felt it ups and downs all in
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  between. But that allowed the weekends,
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  the weaklings, the people who don't have strong conviction.
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  Do you have strong conviction for silver?
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  But that allowed them to get out and be replaced by strong handed
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  people, people that believe in the long, people that believe in
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  $85 silver, like my friend the silver bear there who's
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  blindfolded and his blindfold will come off who knows how
• 3:43
  soon, but that will happen when silver hits $85 per oz.
• 3:48
  Just like we took the blindfold off the gold bear that said 2500
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  and we were scoffed at by everybody saying oh gold, we'll
• 3:55
  never get to 2500. Well it did and now like we just
• 3:59
  saw golds at 3500. But again guys, what that
• 4:02
  allowed is for people to come in to silver who believe with long
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  term conviction. There are other analysts out
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  there talking about $300 silver, $400.00 silver, you know the
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  whole story. But what we know today is that
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  we are at a 15 year high, 14 year high.
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  And we also know that when gold or silver did spike up during
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  that, that 2011 time frame, the last time it was higher than
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  now, it was very brief, it was very quick.
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  And what we're doing now is solid brick by brick building a
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  solid silver brick foundation for us to move much, much higher
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  now. Butter big.
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  This is crazy. Silver overtook Bitcoin and
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  market cap. Yeah, check this out.
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  Just saw this a few minutes ago. Part of the reason why I wanted
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  to hop on here and I like crypto.
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  I love gold, I love silver, I love them all.
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  But let's get the right screen up.
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  OK, Why is that? Oh, hold on a second here, guys.
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  Here we go. Now we got the right screen up.
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  This came from a guy named Chris Stein.
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  Silver enters the mag 7 of global assets.
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  All right, check this out at the very top.
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  You've got gold. It might be hard for you to read
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  it below that, NVIDIA, Microsoft, Apple, Google,
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  Amazon, and #7 now just below is our friend.
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  I'll circle it so you can see it #7 Silver.
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  All right, Will Silver continue to March up this because all
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  these companies, Amazon, Google, Apple, Microsoft, NVIDIA, some
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  people say that they are in a yes.
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  What did I just draw there? A bubble.
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  And at some point watch the screen.
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  The bubble will pop pop. That's why we choose hold on.
• 6:06
  I haven't some technical issues. We're live streaming.
• 6:08
  Hey, did I tell you thank you. Did I ask you to subscribe
• 6:11
  already? Please do subscribe.
• 6:12
  It helps the channel. We appreciate you Big, big news
• 6:16
  in the gold mining sector. The gold mining stock in this is
• 6:20
  is big for two reasons. We're going to look at that
• 6:23
  right now. Let's go out and it's going to
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  have an impact on the price of the metal.
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  OK, we're back. Hopefully you guys can see me
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  and hear me right now. We're live streaming.
• 6:35
  You can watch me fumble and struggle.
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  This came from Tavi Costa. Gold Miners ETF just reached
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  record levels in asset under management.
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  Gold Miners ETF reached record levels in assets under
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  management. A strong signal of renewed
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  interest in the sector. The reason why that's a big
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  deal, there's two big things. Number one, if you're invested
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  in gold or silver mining stocks, likely.
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  Again, I'm not a financial advisor, but the party has just
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  begun. But even more important, OK, it
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  will bring more attention to the overall sector.
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  Some people are just an into stocks, but when they start
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  looking at the gold and silver mining stocks, they'll also get
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  interested in the physical metals themselves.
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  It could become quite literally like a self feeding frenzy.
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  Let's read through this though. Even though precious metals
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  mining stocks have performed well over the past year, their
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  performance relative to gold suggests we could still be early
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  in the move. The gold miners to gold ratio is
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  still nearly 60% below its 2011 highs.
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  Guys investing in gold and silver, but in particular gold
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  and silver mining stocks and even more in particular the
• 7:58
  development stage companies has been like a ghost town for the
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  last 10 years, right? We were like, we were like part
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  of it. We used to refer to ourselves as
• 8:08
  the Navy Seals of investing, right?
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  Like an elite group of people. Now everybody's trying to hop on
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  the lifeboat. This is just beginning.
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  This could be a very good sign for what's to come in the
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  future. Here we go.
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  Let's pull up this chart and there you can see it right here
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  right record levels right now in the gold GDXETF assets under
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  management, a very good sign. Don't forget we're going to talk
• 8:35
  about Trump too later on in this video and why he is ushering in
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  what will be a historic period of time for anyone who's in the
• 8:45
  in the precious metal sector. Next up, I've been talking about
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  this guy a lot lately because I view him as like the leading
• 8:54
  analyst right now in the gold and silver sector, Jesse
• 8:58
  Colombo. But he talked about something
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  yesterday which is again very optimistic for the gold price
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  and the silver price. I think it is a couple days ago
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  Jesse was talking about silver when the cup and handle breaks
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  out, if it does right, going to $300.00.
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  But he talked about something very interesting that's
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  happening in the gold market, critical to the potential
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  continued rally in the gold price.
• 9:24
  We're going to get to that next. I talked about the gold mining
• 9:26
  stocks a second ago. I want to say thank you to
• 9:28
  channel sponsor First Mining Gold, their development stage
• 9:32
  gold mining company in Canada. They have two massive multi
• 9:36
  million ounce projects, Spring Pool in Ontario and Du Parquet
• 9:41
  in Quebec. OK they're working through the
• 9:43
  development stage. That means they define the gold
• 9:46
  in the ground, but it's critical to remember that gold is in the
• 9:49
  ground in Canada. It's a stock I've owned for
• 9:52
  years before they sponsored my channel.
• 9:55
  OK. The other real interesting thing
• 9:57
  about about First Mining Gold and where they're positioned is
• 10:01
  that the big gold miners, they've kind of ignored
• 10:04
  exploration and development. Not kind of they did over the
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  last decade because because they were in a very difficult
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  environment. So there's very few development
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  stage projects. Those big companies, those big
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  miners are going to need to replace their projects going
• 10:19
  forward. And it could be a situation
• 10:21
  where First Mining Gold is kind of in the catbird seat.
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  They've got a couple of huge projects, but those projects are
• 10:27
  also in a very favorable, favorable jurisdiction, which is
• 10:32
  Canada. You can learn more about the
• 10:33
  company at firstmininggold.com and you can even send an e-mail
• 10:36
  to their investor relations guru,
• 10:40
  paul.morrispaul@firstmininggold.com. Let's go take a look at what
• 10:45
  Jesse pointed out that happened yesterday in the sorry, I got a
• 10:51
  spam phone call coming through on my phone there.
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  That's the bubble bubble report. This is his sub stack.
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  Go up there. Gold and silver officially
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  confirm their breakouts. And what he points out as I'm
• 11:05
  sharing the wrong screen. Sorry about that guys.
• 11:08
  There's the bubble bubble report with Jesse.
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  Hopefully that's going to come up here soon.
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  Yes, there we go. Let's go down here.
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  What he's pointing out, this is a gold futures chart, OK?
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  And this is on the free section of his sub stack.
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  But what he points out, right? Well, first we'll look at this,
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  the triangle, all right, which the gold price broke out of.
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  Let me erase that so you can see it.
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  OK? Look at the blue lines.
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  That's the triangle. The price was compressed.
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  The gold price broke out. As we know, it's even doing more
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  today. And wait till you hear about
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  silver here in a second. And we're going to talk about
• 11:49
  Trump. But what's critical is this.
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  Down here, we had the spike in volume and there was some
• 11:55
  concern because the volume had been lower on some of those
• 11:58
  earlier days. But those were days leading up
• 12:01
  to the Labor Day holiday here in the United States.
• 12:04
  So again, another very solid, very good sign for the gold
• 12:11
  price. Now remember guys, I'm not a
• 12:12
  financial advisor. Time for my quick disclaimer.
• 12:16
  I can't predict the future. All I'm talking about is what I
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  see and other analysts see out there.
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  I'm I believe that we're in for much, much higher prices in the
• 12:25
  precious metals. I don't know what you believe,
• 12:28
  but please, whatever you do with any investing, whether it be
• 12:31
  stocks, bonds, mutual funds, crypto, whatever, don't do
• 12:35
  anything based on what I say down here in my basement, even
• 12:38
  though I've been right for the last couple years, I'm only
• 12:42
  right about 66.4% of the time. What else is happening here?
• 12:47
  Let's talk about the Trump situation.
• 12:50
  Before we do that, I do want to say thank you to channel sponsor
• 12:54
  First Meant. OK, there's First Mint's Las
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  Vegas round coin, First Mint right here, right above my right
• 13:02
  shoulder is a mint in Las Vegas, NV.
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  What makes them unique is that they are owned by First Majestic
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  Silver. That's Keith Neumeyer's giant
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  silver mining company. So First Majestic Silver mines
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  the silver in Mexico, ships it to the United States, to Las
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  It's a company you can trust, right?
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  a discount code that you can use VIP RB think VIP Ron's basement.
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  Thank you first meant thank you first mining gold for sponsoring
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  my basement. Hey guys, look, let me show you
• 13:56
  this chart real quick and we're going to talk about Trump and
• 13:59
  what's going on and why we oh, and then we're going to talk
• 14:02
  about crazy silver data. I got that too.
• 14:04
  Sorry, but this was a a chart that's been going around.
• 14:09
  Very popular out there the in the social media circles.
• 14:13
  Ray Dalio sees the future. You want something worse than a
• 14:17
  recession is coming, but he pulls up.
• 14:19
  Gold prices are soaring while the US dollar index is
• 14:22
  collapsing. Take a look at this chart.
• 14:24
  This is incredible. This shows the percentage change
• 14:28
  in the US dollar index in the first half of the year since
• 14:32
  1986. So all those little Gray lines
• 14:37
  all represent one year from 1986 up till now.
• 14:41
  You can see the dollars been all over the place.
• 14:43
  Some years it was positive, OK, some years it was negative.
• 14:49
  But that red line represents the current year.
• 14:54
  The dollar has been collapsing. Now, why does that matter?
• 14:58
  That matters And, and, and, and from a big picture.
• 15:01
  Let's talk briefly about big picture here and then we're
• 15:04
  going to go look at some crazy silver data.
• 15:06
  But from a big picture perspective, Donald Trump, the
• 15:09
  current administration in Washington is up a Creek without
• 15:13
  a paddle, $37 trillion in debt. Trump is going to liquidate.
• 15:18
  He's going to open the liquidity floodgates.
• 15:21
  We already know that's what he wants to do.
• 15:24
  We know publicly the attacks that have gone on our old friend
• 15:28
  Jerome Powell at the Federal Reserve.
• 15:30
  We know that gold and silver can see that coming.
• 15:34
  We know this about Donald Trump as well.
• 15:38
  He has a history over his, what, 80 years of life in the business
• 15:42
  world of loving debt, of loving easy money.
• 15:46
  That's what's going to happen. We've got things going on in the
• 15:49
  crypto world now with the US debt as well, with the USDCI.
• 15:53
  Just want to make it I can officially say at this point,
• 15:57
  OK, that Donald Trump's administration is going to be
• 16:01
  even more positive for the precious metals prices as we
• 16:06
  move forward. I don't just blame him.
• 16:08
  And this is not a political statement, not a political show.
• 16:11
  You can look at Democrats, Republicans.
• 16:13
  You can go all the way back to 1971 when Richard Nixon really
• 16:18
  started this whole thing by taking the United States off the
• 16:21
  gold standard. But now everything's come to a
• 16:24
  head. Donald Trump is a agent of
• 16:27
  change. Donald Trump is no stranger to
• 16:30
  drama and big, big change, big events.
• 16:34
  OK, just take a look at his life.
• 16:36
  And we are now living through what I think could be one of the
• 16:39
  most volatile periods of time when it comes to monetary
• 16:43
  policy, fiscal policy. But to wrap it all up in the big
• 16:47
  take away from it all, no matter how you slice it or dice it, the
• 16:52
  liquidity floodgates are going to be open and it is going to be
• 16:56
  a very favorable time to be invested in the precious metals,
• 17:01
  possibly some other assets as well.
• 17:03
  Let's go take a look at some crazy.
• 17:05
  Let's end here with some crazy data about silver.
• 17:08
  This is unbelievable guys. I I don't look at this every
• 17:12
  single day. However, our friend the dude on
• 17:16
  X pointed out yesterday that the paper silver market traded
• 17:21
  675,000,000 paper oz yesterday. And again, we know it was a big,
• 17:27
  big update for the silver price. So there's two big things, two
• 17:31
  big reasons why we want to look at this data #1 the fact that it
• 17:35
  was a big update and then it happened on big volume confirms
• 17:39
  the move. Add some solidity to the move
• 17:42
  that we've had in silver. But also, guys, just think about
• 17:46
  that. Look at that #675,000,000 paper
• 17:50
  oz traded yesterday on the make believe electronic paper silver
• 17:56
  exchanges. That is approaching what the
• 18:00
  entire silver mining sector produces in one year.
• 18:04
  I don't know what is it, 70% set 65 percent, 75%?
• 18:10
  It's absolutely crazy how decoupled the paper silver
• 18:15
  market is from the physical market.
• 18:17
  We know in China, right in the East where the new pricing
• 18:22
  mechanisms are coming into place that the oh, thank you, Susie,
• 18:26
  upstairs. Susie, I'll ring the gong here
• 18:28
  in a second. But we know that the in the
• 18:30
  physical markets in China, the silver price is always much
• 18:34
  higher. What is that telling us?
• 18:36
  What is it telling us that in one day the paper market in the
• 18:41
  United States and London can trade the amount of silver?
• 18:46
  It's getting pretty darn close to what the entire mining sector
• 18:48
  produces in a year. What does it mean?
• 18:51
  And then I'll ring the gong. OK, but what does it mean?
• 18:54
  Right? This is so critical.
• 18:56
  Here's a beautiful one ounce silver coin from our sponsor
• 18:59
  first met. But what can we say for sure
• 19:02
  about this about silver? Oh, it's beautiful.
• 19:05
  Oh, it's Bah, Bah. We can say one thing for sure
• 19:08
  that today, right now is you and I are together down here in the
• 19:12
  basement. And please don't forget,
• 19:13
  subscribe to the channel. But today, right now is we're in
• 19:18
  the basement. There's less of this on the face
• 19:21
  of the earth than there was yesterday.
• 19:25
  Think about that, OK? We have a silver deficit.
• 19:28
  There's less of this on the face of the earth than there was
• 19:32
  yesterday because this is precious and it's one of the
• 19:36
  most useful metals in the world. But not only is there less of
• 19:41
  this on the face of the earth today than there was yesterday,
• 19:46
  That's just not happened today. That's happened every single day
• 19:51
  for the last, what, 4-5 years that we've been running a silver
• 19:56
  deficit. If you're not feeling warm and
• 19:58
  fuzzy about silver right now, I can't help you any further.
• 20:02
  But I do appreciate you joining me down here in the basement
• 20:06
  today. Hey, whoa, whoa, whoa, whoa,
• 20:07
  whoa, whoa. Uh oh, There it is.
• 20:14
  I lost the that was a pre ring. What is this thing called that
• 20:19
  you hit a gong with? I'm going to hit the gong.
• 20:21
  We got 100 thumbs up. Thank you, guys.
• 20:24
  OK, hold on. The golden gong.
• 20:31
  Hey, it's working. It's bringing us luck.
• 20:33
  Thank you for being here. Thanks for being part of this
• 20:36
  community. Thanks for believing in the
• 20:38
  metals. Thanks for understanding,
• 20:40
  putting the work in to realize, right, That the Fiat money
• 20:45
  system. Look, I love the country.
• 20:46
  You love the country. All that great stuff, right?
• 20:49
  We are real, true patriots. We are aligned with the founding
• 20:53
  fathers of the United States, right?
• 20:56
  They are giving us a big thumbs up.
• 20:59
  OK, things can change. Things can get better in the
• 21:02
  future. We're going to be here.
• 21:04
  I'll be here for you on a regular basis.
• 21:07
  Most important, have a great day.
• 21:09
  Take care of yourself, and I will see you.
• 21:12
  Yes, you. You matter.
• 21:14
  I'll see you soon.