Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER Investor⚡- YOU Prepared for THIS - (MASSIVE Alert and News Update for Gold and Silver Price)
Transcript
- 0:02We have big breaking news from Elon Musk that Will Rock the
- 0:06world's political, economic and precious metals sectors.
- 0:10We're going to dig into that in this video.
- 0:13We're also going to talk about $62.00 silver reasons why we can
- 0:18look forward to that possibly in the very near future.
- 0:21But most importantly, thank you for being here.
- 0:24Please subscribe to the channel. We're still running that special
- 0:27where it's free to subscribe. Duron's basement.
- 0:30It's a big deal when you're here.
- 0:32This is not possible without you.
- 0:34You are important. We value you.
- 0:36We want you to come back. How did you get in my basement,
- 0:39right? Please come back, subscribe,
- 0:40give this video a thumbs up. Enough of that stuff.
- 0:43Let's talk about $62.00 silver and then don't forget big
- 0:47breaking news from Elon Musk. But let's start with our feature
- 0:51of the day. Our friend Rashad who out on X
- 0:55is posting this. Silver has been trading within
- 0:5914 months. Hold on here, we're having some
- 1:02technical problems. There we go. 14 month rising
- 1:04channel. I think silver is going to break
- 1:07out higher from the channel very soon.
- 1:09If not next week move to $40 is going to be lightning fast.
- 1:15We like that. Rashad then pause for a week or
- 1:18so and parabolic run to the 58 to $62.00 level by mid August.
- 1:24This is not the financial advice from him or me for that matter,
- 1:29but when we look at his chart and what he's talking about
- 1:32here, we can see some very, very interesting developments right
- 1:36now. Two of which he has highlighted
- 1:39are these wedge patterns that are occurring.
- 1:42And guys, we've talked about it many, many times here on the
- 1:46channel. Once we get the silver price up
- 1:48above 3750 per oz, we will be off to the races.
- 1:53But then he brings up something I think even a little more
- 1:56interesting when it comes to investing.
- 2:00He says for silver to reach my $60.00 target, it will have to
- 2:04gain 60%. Imagine what happens to the
- 2:07silver miners, particularly to the junior sector.
- 2:12Real money will be made in minors, not silver.
- 2:16And I can tell you with no uncertain terms because I do own
- 2:20the silver miners, I do own a lot of the silver exploration
- 2:24stage companies. OK, I'm not giving financial
- 2:26advice, but companies like Dolly Varden and silver companies like
- 2:30Suma Silver, BlackRock Silver Silver 47, Capitan Silver down
- 2:35in Mexico, one of my other favorites, a Silver Mountain
- 2:39Resources, these, these stocks have not really moved yet.
- 2:42And these are companies that have a lot of silver in the
- 2:45ground, OK, And I'm not being sponsored, I'm not being paid to
- 2:49say this, but you can literally buy silver in the ground a lot
- 2:52of times for $0.50 or a dollar per oz.
- 2:56Now there's a lot that has to go on to get that silver from being
- 2:59in the ground to in this form right here, right, which is my
- 3:04favorite piece of silver of all time, the one ounce Buffalo
- 3:08round from our friends and channel sponsor over at
- 3:12Firstman. And while we're on that subject,
- 3:15yeah, look at that. I love this.
- 3:16This is my favorite piece of silver of all time.
- 3:19OK? It used to be the South African
- 3:21crew, Grant, everybody has their favorite right now.
- 3:23It's the one ounce Buffalo with the Indian Head from First Mint.
- 3:27First Mint is a very unique company, OK?
- 3:30Number one, they do sponsor Ron's basement, so thank you for
- 3:33that. But they're owned by First
- 3:34Majestic Silver, which is Keith Neumeyer's silver juggernaut
- 3:38company. So first, excuse me, First Mint,
- 3:42right, gets their silver from First Majestic Silver, who mines
- 3:46it in Mexico, ships it to Nevada, excuse me, to Nevada
- 3:53where the mint is located, where it's made into world class
- 3:57bullion products. They've got silver rounds, they
- 4:00have silver bars, but they're all unique to first met.
- 4:04But what's really unique about First Mint is they are from the
- 4:08mine to the mint directly to you.
- 4:11There's no COMEX, there's no LBMA and they're producing Made
- 4:15in America, minted in America, really awesome products.
- 4:19You can check them out at First mint.com and they have a
- 4:22discount code. OK, Remember, Remember the
- 4:24discount code VIPRB, VIPI think RB maybe stands for Ron's
- 4:30Basement. Thank you, First Mint, for
- 4:32sponsoring us here. And yeah, these mining stocks
- 4:35have so much room for growth. It's absolutely incredible.
- 4:39Let's talk about what Rashad has to say about gold because gold
- 4:42is the granddaddy of all the precious metals, and he's got
- 4:46optimistic things to say about gold as well.
- 4:49We love Rashad. And, you know, do you agree with
- 4:51him? I agree with him on silver.
- 4:53And we got more to talk about with silver a little bit later.
- 4:57China, big news out of China with silver, but we also need to
- 5:01talk about what's going on. Big breaking news with Elon Musk
- 5:05that can really upset every apple cart out there.
- 5:08But when it comes to gold, Rashad says gold continues to
- 5:13hold above the 1.5 year channel for nearly three months post
- 5:19breakout. This setup looks extremely
- 5:22bullish to me and I expect it to start breaking out to new all
- 5:27time highs during the month of July.
- 5:29Let's pull this up. Wow, what a absolute beautiful
- 5:33chart. And we're going to look at
- 5:34another gold chart a little bit later, but this is what he's
- 5:37talking about right here, OK, That three month period where it
- 5:41has broken out and as he projects up to here, we've got
- 5:45big banks telling us that we could get a gold price of $4000
- 5:49by year end. I absolutely think it's
- 5:51possible. Look, I went through some very
- 5:54difficult times down here in the basement 234 years ago.
- 5:58I was we were together every single day when silver was 14
- 6:02fifteen, $16.00 per oz gold. Remember gold it would start to
- 6:07take off and pull back. We were down here when gold was
- 6:101600 eighteen $100 process. As a matter of fact, that bear
- 6:14right there, that big teddy bear, those of you have been
- 6:17basement dwellers for a long time.
- 6:19Remember the had a blindfold on that said $2500 and that we
- 6:23would take it off when gold hit $2500.
- 6:25Well, guess what that happened guys.
- 6:27When people give you a hard time about your bullishness about
- 6:30precious metals, OK, just remember, just remember gold was
- 6:35what like almost half of what it was right now not too long ago.
- 6:40Silver, same thing. OK, good things are coming.
- 6:43We know the underlying facts and we'll dig into more of those
- 6:46here in a little bit later. The other thing that we want to
- 6:49talk about are the gold mining stocks, which as well let's look
- 6:53at this other gold chart that I promised you because we just
- 6:56wrapped up the second quarter, OK, April, May and June, that's
- 7:00Q2 of the year for the gold miners, OK.
- 7:03And when we look at it at the at the price of gold over that
- 7:07period, what we can expect, because we're going to start to
- 7:10get earnings from these big mining companies soon is blow
- 7:14out numbers. And I'll show you exactly why.
- 7:17Right now. Here we go to Yahoo for a six
- 7:22month chart of gold and look at this absolutely beautiful piece
- 7:28of work by the gold price. There we go.
- 7:32Hold on here. All right, let's try that again.
- 7:36Uh oh. Hold on, folks.
- 7:39All right now, it'll work. OK.
- 7:42There's six months circled in red.
- 7:45This is the current gold price, $3346.
- 7:50This is a six month chart starting on January 1st, right?
- 7:54And ending Friday, if we look at the midpoint right here, OK,
- 8:01that's the March 30th, March 31st, March 30th.
- 8:05Anyway, the gold price, OK, as you can see, did very well
- 8:09during the first quarter, no doubt about it, but really was
- 8:12below 3000. On average.
- 8:14I would say we were about 29. That's a ugly 90.
- 8:21Wow, $2900 per oz this period from here to here, which is the
- 8:26quarter that we just wrapped up. If we look at that, I would say
- 8:31that we've had an average gold price of around $3100 per oz.
- 8:38Now I need one of you who's really smart to do some advanced
- 8:40mathematics for me. But according to my
- 8:42calculations, that means that in the second quarter, the gold
- 8:45price averaged about 200, $200 per oz higher.
- 8:54Why is that a big deal for a gold mining company?
- 8:57Because basically guys in the second quarter, that extra $200
- 9:02is pure profit. Their expenses did not go up.
- 9:06As a matter of fact, when you look at the oil price, their
- 9:08expenses overall may have gone down a little bit.
- 9:11We are going to get blowout numbers in the second quarter
- 9:15from the big gold mining companies, numbers that are
- 9:18going to shock Wall Street. Why is that good for the gold
- 9:21price and the silver price as well?
- 9:24Because that will bring more attention to the overall
- 9:27precious metal sector, which we know in no uncertain terms has
- 9:32been neglected, right? It's been like the the forgotten
- 9:35stepchild, the whole precious metal sector for for decades.
- 9:40And when the attention comes back, it could be explosive in
- 9:44particular, in particular for the junior mining sector, both
- 9:49in the gold and silver mining areas.
- 9:50Now that gives me a great opportunity to say thank you
- 9:54right there to our friends at First Mining Gold.
- 9:56They are a junior gold mining development stage company.
- 10:00This company is awesome. They have millions of Oz of gold
- 10:04in the ground in Canada. Where else would you want to
- 10:07have your gold, right if you're not going to hold it right?
- 10:09Like I don't hold any gold here at home.
- 10:11I own gold mining stocks. I'd like to have that gold in
- 10:15the ground in Canada. It's been drilled, it's been
- 10:17determined that it's there First.
- 10:20Mining Gold has two huge projects, Du Parquet in Quebec
- 10:24and Spring Pole in Ontario, and they have a third project which
- 10:29has about a million ounces of gold in the ground.
- 10:31The Cameron project, also in Canada, they're working through
- 10:36the development stage, the permitting stage.
- 10:38It's this drilling. Decades of drilling have been
- 10:41done on both of these projects, hundreds, over $100 million
- 10:45invested in drilling to determine that the gold is
- 10:48actually there. Now they are working through
- 10:51what's called the development stage, which is getting the
- 10:54permits, advancing the permits, very exciting company.
- 10:56It is a stock that I own. I am not a financial advisor.
- 10:59I'm not giving financial advice, but in Full disclosure, it's a
- 11:03stock that I owned well before they sponsored my channel so do
- 11:07your own due diligence. I'm excited about the prospects
- 11:11OK for physical gold, physical silver and for the mining stocks
- 11:16OK guys, let's talk about Elon. It's that time, right?
- 11:20Big breaking news over the weekend, right?
- 11:22Happening right now. Elon Musk has announced that he
- 11:26is starting a new third political party here in the
- 11:29United States. This could send shock waves, and
- 11:32I'm going to give you the reasons why through the
- 11:34political system, through the economic system, and I believe
- 11:38ultimately through the precious metals sector as well.
- 11:41But let's go out and get the latest updates that we can on
- 11:45this breaking news story and we'll go to 0 Head.
- 11:49She says it's official. Elon Musk's America Party is
- 11:54what it's called registers with the Federal Election Commission.
- 11:57We got a lot to cover here. A new filing with the FEC
- 12:00confirms America's party is now official is.
- 12:04The billionaire sets out to challenge the entrenched
- 12:07uniparty duopoly in Washington. Musk has voiced deep
- 12:11frustrations with GOP lawmakers over their failure to codify the
- 12:16doge cuts and President Trump's big, beautiful bill, which was
- 12:20signed into law on in Independence Day.
- 12:22This is not a political channel. I'm just reporting the news,
- 12:26Okay? But this is very interesting.
- 12:28Here's the paperwork registered at #1 Rocket Road.
- 12:33And that's where SpaceX is also headquartered.
- 12:37They've got their CFO from I believe Tesla, who's the like
- 12:42the head guy on this. There's the actual paperwork.
- 12:45All right, let's get down to some more meat here.
- 12:48Here we go. This was one day after his Musk
- 12:51put a poll on X asking his followers whether USA needs a
- 12:55new political party. Elon Musk announced on Saturday
- 12:58that the Americas Party was formed.
- 13:00So he put a poll out. He said by a factor of 2 to 1,
- 13:03you want a new political party and you shall have it, Musk
- 13:07wrote Today. The America Party is formed to
- 13:10give you back your freedom. So the whole point here is this
- 13:14idea that basically the Republican and Democratic Party,
- 13:17they call it a duopoly, right? That that they and that I'm not
- 13:21saying anything again, not a political channel, but that they
- 13:24both have basically kind of to a certain degree become the same
- 13:27thing. Maybe some people might
- 13:29speculate controlled by the the big money people, but I'll leave
- 13:35that one alone. When it comes to bankrupting our
- 13:37country with waste and graft. We live in a one party system,
- 13:41not a democracy. That's what Musk said.
- 13:44OK. The announcement comes after
- 13:461.25 million people voted yes to whether he should create the
- 13:52America Party. Independence Day is the perfect
- 13:55time to ask if you want independence from the two party
- 13:58or some would say uniparty system should we create the
- 14:02party. The announcement comes one day
- 14:04after Trump signed the signature tax and spending bill, which
- 14:07must was vehemently opposed to for weeks, which resulted in a
- 14:10very public falling out with Trump, whose campaign must spend
- 14:14hundreds of millions of dollars promoting.
- 14:16And then Steve Bannon attacked him also in his calling Elon
- 14:22Musk, Elmo the MOOC MOOC. I don't really get that.
- 14:26But anyway, so that's the latest there in Bannon Elmo the MOOC
- 14:32formerly Elon Musk is at it again today.
- 14:35The goal for him as a foreigner to run on Twitter poll about
- 14:38starting an American political party.
- 14:40News flash, you're not I mean, it's it is getting vile in this
- 14:43country. You're not an American.
- 14:45You're a South African billionaire meddling in our
- 14:47politics. So guys, big major news coming
- 14:50outlook. We got to remember the reason
- 14:54why we need to pay attention to what Elon Musk is doing.
- 14:57Elon Musk, love him or hate him, has had some major, big
- 15:00accomplishments in his life. He started SpaceX, which is
- 15:04basically replaced NASA. He started Tesla from scratch,
- 15:08right, which has become a very successful electric vehicle
- 15:12company. And there's a whole other list
- 15:14of major successes that he's had in his life.
- 15:17So to think that this situation is not something that we need to
- 15:21keep very close tabs on, I believe would be a huge, huge
- 15:26mistake. And some of the ideas that he's
- 15:28talking about, I believe obviously do resonate with a
- 15:32large percentage of the American population.
- 15:35I mean, we're spending so much money, right, and racking up so
- 15:39much debt. And again, not a political
- 15:40statement, but the, the, the debt and deficit situation and
- 15:44even what this most recent legislation is going to do is
- 15:47leading us down a path of ruin. That's why we talk about why,
- 15:52how this could impact the, the value of precious metals, right?
- 15:55There's almost no way out that doesn't result in a further
- 15:59dilution and devaluation of this thing.
- 16:03This old boy, oh, here it comes. Woo.
- 16:06It's floating across the screen, the paper dollar.
- 16:09So we're going to keep a close eye on that.
- 16:11A big big developing more developing big news.
- 16:15Nobody's talking about it. And that's why I think this
- 16:17could be wind up being one of the biggest news stories you
- 16:19ever noticed that like the things that turn into the big
- 16:22news stories nobody saw coming, right.
- 16:25Remember last year the big all the hula hoopra hula hoorah
- 16:31around the bricks summit. Oh, we're going to get a gold
- 16:34backed currency and blah blah and all this speculation about
- 16:37what was going to happen. It was kind of a nothing burger.
- 16:40Well, the exact opposite is happening right now because you
- 16:43may not even realize unless you're digging in deep to the
- 16:46news that right now the BRICS Summit is happening in Rio de
- 16:50Janeiro, Brazil. OK.
- 16:53I think that what we can expect out of this BRICS Summit could
- 16:57be some major big news. And let's talk about why I think
- 17:01that could be a big deal for precious metals because because
- 17:06while last year everybody was was was so excited about this,
- 17:10the gold backed currency that was going to come out.
- 17:13Guess what's happened over the last year.
- 17:15Think about it is not the world kind of shifted more.
- 17:20And we said this a year ago, we're on we're look, we don't we
- 17:24you don't you got you have superior intellectual
- 17:27horsepower. We look around the corner a
- 17:29couple times We saw this a year ago.
- 17:32We said the world doesn't matter if they officially announce it.
- 17:35The world is kind of sort of moving towards the gold standard
- 17:38anyway. And what if we seen over the
- 17:41last year nothing but increased more and more central bank
- 17:47buying of gold? Heck, the Russians are even
- 17:50buying silver for their strategic reserves.
- 17:53The world is moving back to the gold standard.
- 17:56It doesn't have to be official. And I've made the argument that
- 18:00really the world's always been on the gold standard.
- 18:02Yeah, there's the short term mirage, you know, make believe
- 18:06systems, Fiat systems that pop up for a couple 100 years here
- 18:10and there, all of which eventually fail, right.
- 18:14So when we look back three weeks, 4 weeks from now, Bob,
- 18:17what's happening with this Brick Summit?
- 18:19I think the expectations are so low for any big news story to
- 18:24come out that we're going to be shocked.
- 18:26There's going to be some shockers that come out of this
- 18:29because the world is moving away from the dollar and moving back
- 18:33to the gold standard. You cannot, absolutely cannot
- 18:37argue that. OK, and what about China and
- 18:40silver? Let's talk about silver one more
- 18:42time. What do you say?
- 18:43Like China, like, like some people say, the biggest economy
- 18:46in the world, at minimum, they're the second biggest
- 18:49economy in the world. They're going crazy over silver.
- 18:52Wait till you get a load of this.
- 18:54If you like silver, you're going to like this.
- 18:56Oh, I forgot to show you here. Spend all this time getting this
- 19:01ready. Here we go, guys.
- 19:02Are we on the right screen? Hopefully this pulls up.
- 19:05Brick Summit opens in Brazil and nobody's talking about it.
- 19:09Overshadowed by Trump's tariff policies and Middle East
- 19:12tensions. I'm not going to waste your time
- 19:14reading you any details. That's from The Associated
- 19:16Press. If you get real bored later, go
- 19:18out there and and take a look at it for yourself.
- 19:22Hold on here. Uh, oh, hello.
- 19:25Hold on. Are we there?
- 19:28Something happened. Yeah, I know something happened.
- 19:31Hopefully we're still live. Hello.
- 19:32Can you see me? Can you?
- 19:34OK, Hold on, guys. I don't know what happened
- 19:37there. We had a little technical
- 19:38glitch. And let's go to the AP real
- 19:43quickly. Share.
- 19:45OK. Are we on there?
- 19:48There I am. Can you guys see that right now?
- 19:51Hopefully, Huh. Come on.
- 19:52Basement dwellers, it's a live stream.
- 19:56You never know what's going to happen.
- 19:58I haven't cursed yet. And if I told you how much I
- 20:00appreciate you being here, seriously, all of you who are
- 20:03here in the basement, how did you get in my basement, huh?
- 20:06Yeah, because we love to hang out.
- 20:08I hope you feel like you found a home way from home.
- 20:10Don't forget to subscribe, give the video, thumbs up, all that
- 20:13great stuff. Anyway, that's the bricks.
- 20:15What wrong? Wrong way.
- 20:16Can you see me? That's the brick stuff right
- 20:19there. That's going on right now.
- 20:21But let's talk about China and silver.
- 20:23This is absolutely. Fascinating.
- 20:26And this comes from our friends over at the Silver Academy.
- 20:31Chinese media promoting cheaper alternatives to gold.
- 20:35OK, wait a minute. This is why it's so important to
- 20:39keep an eye on China. Not only is China maybe the
- 20:41biggest economy in the world or the second biggest economy in
- 20:44the world, not only are they growing at a very fast pace,
- 20:47they have 1.4 billion people. But guess what?
- 20:50The other big reason why we need to pay attention to them if we
- 20:54love gold and silver is quite simply this.
- 20:57They don't have as many investment alternatives.
- 21:00And gold and silver have been interwoven into their culture
- 21:04for, for, for the Millennium. But they have real estate and
- 21:08the Chinese real estate market stinks.
- 21:10Stocks. They don't really trust the
- 21:12stock market. And guess what?
- 21:14Those Chinese people, they're smart right over there at the
- 21:17Shanghai Gold Exchange, right? They don't trust banks either.
- 21:22So what do they have left? Oh, I don't know.
- 21:25Oh, what's shine? Hold on.
- 21:26There's something shining over in the corner.
- 21:29Yeah. Oh, yeah.
- 21:30And they have this. Let's show them one more time.
- 21:32My favorite from first met, that Indian Head.
- 21:35I love that they got this. And the Chinese are are
- 21:40developing a bit of a, let's say, fascination with silver,
- 21:44right. So they don't have many other
- 21:45options. It's been interwoven in their in
- 21:48their in their culture. They're the fastest growing
- 21:52country in the world. They got 1.4 billion people like
- 21:544 times. But the United States of America
- 21:58and I love my country. But guys, we got to pay
- 22:00attention. And when they start loving
- 22:02silver, Katie, bar the door. All right, here we go.
- 22:07This is from the Silver Academy. This is a Chinese, Chinese media
- 22:11article. Golden substitute is selling
- 22:13like hotcakes. The increase is higher than that
- 22:17of gold. They talk about how the silver
- 22:19price in this article in the Chinese media is taking off like
- 22:23crazy here in yellow. For decades, Western banking
- 22:27institutions treated silver as a strategic vulnerability and
- 22:31playing a wide range of tactics to suppress its price and
- 22:35discourage widespread ownership. This has included persistent
- 22:38short selling, spoofing and frequent rule changes at the
- 22:41COMEX and the LBMA, the London Bullion Market Association of
- 22:46which have served to demoralize and disincentivize retail
- 22:51investors in the West from holding silver.
- 22:53The mainstream media has largely maintained a blackout on
- 22:56silver's true potential or said that it's for pirates, further
- 23:00reinforcing the narrative that silver is an unworthy asset for
- 23:04the average person. In stark contrast, China has
- 23:08recognized unique value of silver and is now actively
- 23:11promoting it as poor man's gold. By encouraging retail Chinese
- 23:15investment in building strategic reverse reserves, China is
- 23:19positioning itself to benefit from a surge in physical demand
- 23:23while Western markets remain mired in paper based price
- 23:27suppression. This shift in narrative is
- 23:31fueling a wave of retail FOMO fear of missing out in China as
- 23:37ordinary investors rush to acquire silver, sensing both its
- 23:41intrinsic value and its potential as a hedge against
- 23:44financial instability. As the old mechanisms of price
- 23:47control lose their grip, China's proactive stance is poised to
- 23:50reshape the global silver market.
- 23:54OK. And it goes on and on.
- 23:56Great article. An article published in Cena
- 23:59Finance, right, explores and talks about the big benefits of
- 24:05silver, right. And then we're not even, we're
- 24:07not even talking about India. OK, briefly, let me tell you,
- 24:12everything I just said about China is true about India as
- 24:16well. I know a lot of Indian people.
- 24:19They're very smart, they're very motivated, and they love gold
- 24:22and they love silver. And I think the argument can be
- 24:25made that right now India is even developing at a little
- 24:28faster clip than China. OK, you're talking.
- 24:34Hold on. Do you guys know who this is?
- 24:36That walkie-talkie just talked to me.
- 24:38That is the boss that is upstairs.
- 24:41Susie, she had something to say, but I couldn't understand her
- 24:44because she was holding her walkie-talkie too close to her
- 24:46mouth. Susie, we didn't quite get a
- 24:49copy on what you said. Over.
- 24:54OK, You got to hold the button when you talk. 100, Mike.
- 24:59Oh, thank you. Thank you, Susie.
- 25:03We got 100 likes, guys. That means that in a few
- 25:05seconds, the moment you've been waiting for, we're going to ring
- 25:10the golden gong. Put it there to tease you.
- 25:13But India, no joke. Like India, they love silver and
- 25:16gold more than China in India. Like, they're going to have 100
- 25:20million. That's like a third of the
- 25:21United States entire population, 100 million people moving into
- 25:25the consumer class in the next, what, five years is what it is.
- 25:30OK, you know why? And look, the reality is
- 25:33Americans are selling. Americans are selling their
- 25:36gold. OK, there's a big report out of
- 25:39New York on Jeweler's Row, right?
- 25:41Americans are selling their silver.
- 25:44Listen to what the, the coin shop people are telling you,
- 25:46right? People are bringing in their
- 25:48silver, cashing it in. Guess what?
- 25:50All that silver, do you hear a big sucking noise.
- 25:54It's being sucked over to China and I1 More quick thing we want
- 25:58to talk about this is massive implications for the precious
- 26:02metals markets, including silver.
- 26:04Is this quick point right here? We're only going to read 1
- 26:07paragraph, right? Huawei, which is the massive
- 26:10Chinese tech company, says it's new solid-state EV battery.
- 26:14Can give you 1800 miles and I'm sharing the wrong screen.
- 26:19Now we're on the right screen. Sorry guys, make sure this pulls
- 26:24up. Here we go.
- 26:25Huawei says it's new solid-state EV battery.
- 26:30It can give you 1800 miles of range and charge in less than 5
- 26:33minutes. Imagine that, an electric car
- 26:36that can go 1800 miles before it needs to be recharged and it
- 26:42only takes 5 minutes to recharge it.
- 26:44It all has to do with what are called solid-state batteries.
- 26:47You probably have heard a little bit about them.
- 26:49Look at that picture from that. That's a cool looking car.
- 26:52I got to say Huawei is the latest in a growing list of
- 26:56automakers and tech companies that are exploring the possible
- 27:00benefits of fitting an EV with solid-state batteries, with the
- 27:04likes of BMW, Mercedes, Volkswagen, BYD and Stalantis
- 27:09all publicly touting the tech. This is a big deal because most
- 27:16all of the information that's available out there that talks
- 27:19about solid-state EV batteries mentioned silver.
- 27:23Some of the batteries that are being developed by Samsung and I
- 27:27believe are being now tested by Toyota's Lexus brand actually
- 27:32have almost a kilogram of silver in each battery.
- 27:36A kilogram just for your refreshing is equal to about
- 27:403233 ounces of silver. The future looks bright.
- 27:44We got major news today out of Elon Musk.
- 27:48And but the biggest news is that you're here.
- 27:51You joined us. We got 100 thumbs up.
- 27:53Hey, let's ring the Golden Gong 3 sometimes.
- 27:55Listen to it resonate. You're important.
- 28:02OK, Thanks for being here. I'm going to look forward to
- 28:05seeing you next time we are on a wild ride with the precious
- 28:08metals. Take care of yourself and I'll
- 28:11see you soon. Bye.
- 28:12Bye.