Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **Silver's NEW REALITY** 🦍🦍 Hear What to EXPECT! - (Gold Price News UPDATE too)

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**Silver's NEW REALITY** 🦍🦍 Hear What to EXPECT! - (Gold Price News UPDATE too) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:01
  Silver price and gold price Vital update.
• 0:04
  Critical intelligence that tells us we will continue in this.
• 0:09
  What are historic times for the precious metals.
• 0:12
  We got a lot to cover. The most vital thing is that you
• 0:16
  decided to join me. I appreciate you being down here
• 0:19
  in the basement with me. It gets lonely when you're not
• 0:22
  around, so thank you. Thank you.
• 0:23
  Please subscribe to the channel. We're still running that
• 0:26
  special. Everything's free for 2026.
• 0:30
  Give this a thumbs up. Leave a comment in the comment
• 0:33
  section, Right. We appreciate you.
• 0:35
  You're intelligent. That's how we learn is from each
• 0:37
  other. You don't have to agree with me.
• 0:39
  That's great. And oh, yeah, super chats.
• 0:41
  Super thanks. Putting us in your will.
• 0:44
  None of that stuff is expected, but always appreciated.
• 0:47
  Let's get started right now. We got a ton to cover.
• 0:50
  OK, let's talk about volatility. It's the new norm.
• 0:55
  Get used to it. I know today we're up big on the
• 0:57
  silver price. It's going to move all over the
• 1:00
  place, but I'm going to tell you why and show you why right now.
• 1:04
  One big reason. And then we got a lot more to
• 1:06
  cover. China shortages, the jiggle
• 1:09
  wiggle in the middle, the $500 silver in a couple months.
• 1:13
  Guy gave us an update and that 1974 I've been promising and
• 1:18
  you're going to get to see it today that 1974 minimum that
• 1:22
  explains why we're going through what we're going through right
• 1:25
  now in the markets. But it looks good.
• 1:27
  The future deep breath is is bright for the precious metals
• 1:33
  prices. Let's start here.
• 1:35
  Let's go out and look at I believe our friend Rashad Rashad
• 1:38
  brought this up, but there's a powerful, powerful message in
• 1:42
  this silver's 45 year breakout. Hold on a second upstairs.
• 1:47
  Susie isn't here today so I got to check.
• 1:49
  All right, we got you up. Silver's 45 breakout could not
• 1:54
  end in two months. The move is just starting.
• 1:58
  I'm going to show you what he's talking about here in a second.
• 2:01
  Recent sell off is a desperate act to contain Silver's move,
• 2:05
  but it's going to backfire. Silver is just warming up and as
• 2:10
  we know, it looked like it backfired this morning.
• 2:12
  What he's talking about here guys, and it's been a couple
• 2:15
  weeks. I apologize.
• 2:17
  Is this 1980, 2011? This is the world's biggest and
• 2:23
  best ever cup. There's the cup, right?
• 2:27
  The highs in 1980, 2011. And here's the handle, OK, And
• 2:33
  we just right here broke out two months ago.
• 2:38
  The point is this. And then of course, we shot up.
• 2:41
  Who knows how high we can go? We're hearing 200.
• 2:44
  We're going to hear from the $500 guy later.
• 2:46
  But the point is this guy's this right here.
• 2:49
  Let me take that last line off. This cup and handle pattern is
• 2:54
  like the most epic textbook cup and handle in the history of
• 2:58
  technical analysis. It, it formed over 46 years,
• 3:04
  started in 198046 year patterns don't typically end extremely
• 3:10
  highly unlikely to end in a 2 month period.
• 3:14
  So let's keep that in mind right as we went through what was a
• 3:18
  historic, we aren't going to dwell on it, but on Friday,
• 3:21
  excuse me, January 30th, 2026, as you know, we had a historic
• 3:28
  down move in the silver price. We're still at $85 silver last
• 3:34
  time I checked. That little guy right there,
• 3:36
  that's Smitty, the silver bear. He had an $85 blindfold on for
• 3:40
  years. People said it would never come
• 3:42
  off. OK, it came off when, you know,
• 3:44
  we went to 120, we came back down, but we're still at $85
• 3:49
  silver. Let's take a deep breath and
• 3:51
  realize that and the fundamentals have not changed,
• 3:54
  but there will will be volatility.
• 3:57
  The big bankers, right, are fighting and we talked about
• 4:00
  this over the last month, right? They still have some tricks up
• 4:04
  their sleeve, but their tricks are starting to be a little bit
• 4:07
  lacking in potency. Don't worry, we got a lot more
• 4:11
  to cover and this is healthy. It's normal consolidation.
• 4:14
  Don't worry about it. That's what I think.
• 4:16
  Remember, I don't have a crystal ball.
• 4:18
  I'm not a financial advisor, but I have a knack for being right
• 4:22
  about things. Let's go on to the next.
• 4:24
  Let's talk about this manipulation in the markets.
• 4:27
  We're going to touch on that and I've got that incredible 1974
• 4:31
  memo we're going to look at here in just one second, but let's go
• 4:35
  see what Mr. Middle Coop had to say and some other just
• 4:38
  unbelievable. There's three big things in here
• 4:42
  that we're going to look at. Pieces of data that show us
• 4:46
  manipulations going on. This comes from now that I'm
• 4:49
  sharing the right screen. The Silver Academy.
• 4:53
  The silver revaluation, the largest repricing event in
• 4:57
  modern monetary history. The Great Silver reset has
• 5:01
  begun. The COMEX right in the LBMA.
• 5:05
  The London Bullion Market Association in London, England
• 5:08
  Vaults are bleeding dry as paper manipulators scramble to cover
• 5:13
  silver's explosive revaluation toward 15 to 1 gold to silver
• 5:19
  ratio is now inevitable. And he brings up this great
• 5:24
  tweet from William Middlecoup, who's in the Netherlands, I
• 5:28
  believe super smart guy, like one of the one of the one of the
• 5:31
  leading figures in the world of silver and gold.
• 5:34
  OK, now this is what he had to. He threw in his two cents.
• 5:38
  We are in a precious metals revaluation process where the
• 5:42
  COMEX and LBMA are being drained from physical gold, but
• 5:46
  especially silver. All the shorters now care about
• 5:51
  is low paper price, the comex slash crimex prices while trying
• 5:59
  to cover paper shorts and minimize their losses or losses.
• 6:03
  At the end of this process, the full revaluation will unfold and
• 6:09
  especially silver will be trading much higher, reaching a
• 6:13
  gold to silver ratio of at least 15.
• 6:17
  Wow. What if it gets to wait a
• 6:19
  minute? Let me let's do some quick math
• 6:20
  here guys and then we're going to go down.
• 6:22
  We got a lot more crazy data to look at here, but let's let's
• 6:26
  just make believe we've got up. That's hold on one second.
• 6:29
  I'm pulling out my calculator. Bear with me.
• 6:35
  Hold on, hold on. Hopefully you can still hear me.
• 6:40
  If we had a $5000 gold price and the ratio got that, Yeah, my
• 6:44
  math is right. I should be able to do that in
• 6:46
  my head. Let me look at you.
• 6:48
  Middle Coupe is calling for a 15 to 1 gold to silver ratio,
• 6:52
  meaning it would take 15 ounces of silver to get one ounce of
• 6:56
  gold if we got the 20 where it took 20 ounces of silver.
• 7:01
  One tube of of these here actually, Well, hold on here
• 7:05
  there, there's a tube of American Silver Eagles.
• 7:08
  I think there's 20 in there. I should count 20 or 25.
• 7:11
  You get the .20 ounces of silver to get one ounce of gold and we
• 7:15
  had a $5000 gold price that would put the silver price at
• 7:18
  $250. I digress.
• 7:21
  Let's go back to this wonderful article and some shocking data.
• 7:25
  Friday's silver smash wasn't just another price raid, it was
• 7:29
  the most violent, one day engineered takedown in modern
• 7:34
  history of silver trading again over 2 full years.
• 7:38
  And we're going to look at the latest breaking data, data on
• 7:40
  this of global silver mine supply.
• 7:43
  Two years of global silver mine supply, 1.58 billion oz were
• 7:48
  dumped on the COMEX in a single session, the result of 40% price
• 7:54
  collapse in mere hours. But this is where it gets
• 7:57
  interesting. Very interesting.
• 8:00
  What happened after the smoke cleared is even more revealing.
• 8:05
  In yellow, open interest cratered from 317,000 contracts
• 8:10
  down to just 91,000 contracts, meaning 1.127 billion oz worth
• 8:17
  of paper silver was vaporized as positions were closed or rolled
• 8:23
  to avoid physical delivery. In purple.
• 8:26
  That's the whole point of the raid, the flush out the longs
• 8:30
  kill sentiment and wait till you hear this memo from the 70s and
• 8:35
  avoid facing the one thing the cartel truly fears actual
• 8:40
  delivery of physical metal. That extreme 345% turnover in
• 8:45
  March contracts, which is a major delivery month wasn't
• 8:48
  market efficiency. It was pure panic.
• 8:51
  Paper traders ran for the exits before the delivery clock
• 8:56
  started ticking. The manipulators succeeded in
• 8:59
  pushing the price down, but it but at a cost of annihilating
• 9:03
  their credibility in their own market.
• 9:07
  Now next guys, I've I've been promising this for hold on here.
• 9:12
  Hopefully you can still see me and hear me.
• 9:15
  Are you there? Hello, are you there?
• 9:17
  Somebody give us a 5 by 5 in the comments section.
• 9:20
  I've been promising this for a while.
• 9:22
  This is is true, OK, the manipulation, the induced
• 9:27
  volatility to to, to have everybody lose their spirit,
• 9:31
  right. We're not going to lose our
• 9:33
  spirit, but those maybe the short timers who are here, you
• 9:36
  know, for a short vacation in the gold and silver sector lost
• 9:39
  their spirit. That's exactly what they're
• 9:41
  trying to do in There's proof, and then there's even more proof
• 9:44
  that we're going to look at because this is a memo.
• 9:50
  Hold on here, make sure I got you up, which I do.
• 9:55
  This is a memo that came out during the WikiLeaks link leak.
• 9:59
  And this was when they were setting up the futures market in
• 10:03
  1974. And this is communication
• 10:06
  between leaders in in the United States and leaders in London
• 10:12
  about what they want to do with the futures market.
• 10:15
  The reason behind it. This is very important for us to
• 10:18
  to understand, OK, it says to the dealer's expectations and I
• 10:23
  believe this was from London to the United States will be the
• 10:26
  formation of a sizable gold futures market.
• 10:31
  Thanks Silver as well. OK.
• 10:32
  A futures market, each of the dealers expressed the belief
• 10:37
  that the futures market would be of significant proportion and
• 10:42
  physical trading would be minuscule by comparison.
• 10:46
  So the futures market and that's where we get these numbers like
• 10:49
  347 paper ounces to 1 real physical oz, right, That the
• 10:54
  futures market would be huge compared to the physical market.
• 10:57
  They also expressed also expressed was the expectation
• 11:01
  that large volume futures deal would create a highly volatile
• 11:08
  market and then in orange in turn comma the volatile price
• 11:13
  movements would diminish the initial demand for physical
• 11:18
  holding and most likely negate long term hoarding by U.S.
• 11:24
  citizens. So this was all unfolding in the
• 11:28
  wake of the 1971 decision by President Richard Nixon to take
• 11:33
  the United States off the gold standard.
• 11:35
  When they took the US off the gold standard in 1971, gold
• 11:39
  suddenly became, for no other way to say it, the enemy of the
• 11:43
  dollar. OK, It was in competition with
• 11:46
  the dollar. So they wanted to find a way to
• 11:48
  induce volatility and diminish the desire for normal Western
• 11:53
  people to hold physical metals. That's what it did.
• 11:57
  Now I've got this one more brief point we're going to look at.
• 12:01
  This was actually from, from, from AII asked about about to
• 12:06
  tell me what happened. It said the 1974 memo titled the
• 12:10
  Gold market Make sure I got this up, which I do, discusses how
• 12:14
  creating a futures market could dampen private gold demand and
• 12:19
  silver. U.S. officials believe that high
• 12:22
  volatility and the ability to trade on margin would discourage
• 12:27
  long term hoarding by private investors, thereby supporting
• 12:31
  the dollar stability. After the collapse of the
• 12:34
  Bretton Woods system, which was us in 1971, taking the US dollar
• 12:40
  off the gold standard, which by the way, worked really well
• 12:43
  because since 1971 when President Rickson Nixon
• 12:48
  temporarily took the United States off the gold standard.
• 12:52
  Since then in 1971, right, the dollar has lost 99% of its value
• 12:59
  versus gold. OK, it's just the way it works.
• 13:02
  Next we're going to look look at the at the up to date comex
• 13:05
  figures. We got the $500 silver guy real
• 13:08
  soon with the jiggle jiggle in the middle.
• 13:10
  We're going to look at that and big updates on shortages.
• 13:13
  We got a lot to cover First. I do want to say thank you to
• 13:16
  channel sponsor first meant I'm here, we get to get together.
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  There's their store. You can look at all their bars,
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  that I believe in. And you guys have given
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  unbelievable positive feedback. Now, we talked about, right, the
• 14:54
  idea that when they set up the futures market, they wanted to
• 14:57
  manipulate the price of gold and silver.
• 15:00
  OK, speculation, I don't know you saw the memo, but let's look
• 15:04
  at the most recent data, because what we learned about yesterday
• 15:09
  was this from our friend the dude, OK?
• 15:12
  Just yesterday, kind of a normal quote UN quote day in the silver
• 15:15
  market, the silver market traded over 1 billion paper oz OK, it's
• 15:23
  and at the bottom he says hopefully the miners can get
• 15:26
  some gains today after the artificial crash.
• 15:29
  The important take away here is that guys, over the last month,
• 15:34
  we have seen more and more days when on one day the paper
• 15:38
  market, the Comex or his middle coupe called it the crime X.
• 15:43
  But in one day, right now, it's becoming more of the norm.
• 15:46
  They are trading more silver than the entire mining sector
• 15:51
  produces in the course of the year.
• 15:53
  What does that tell us, right? It's make believe.
• 15:55
  It's not real, OK, it's fantasy island silver, right?
• 15:59
  It, it's, it's not, it's, it's, it's, it just makes sense that
• 16:04
  there maybe is a little bit of just speculating manipulation of
• 16:08
  the silver price. We know that that crash.
• 16:11
  I'll say it one more time because this is proof, in my
• 16:15
  opinion, a strong indication, if not proof.
• 16:20
  Right on, on Friday, January 30th, when the silver price had
• 16:24
  this epic historical crash, we'll just call it what it was.
• 16:29
  That was a 10 Sigma event. The odds of that happening are
• 16:33
  one out of one with 24 zeros behind it.
• 16:37
  Years, OK, it's incredible. OK, it's just it's it it it's
• 16:42
  anyone who follows statistics as the only way things like that
• 16:45
  happen are because they're engineered.
• 16:48
  So take take it for what you will.
• 16:50
  Let's go check on what's going on in China with the silver
• 16:54
  price right now. We go to see our friend the
• 16:56
  Shanghai Ghost, where we still have a hold on here.
• 17:01
  Yep, we got up. Shoot, hold on.
• 17:04
  Hopefully you guys can see me and hear me.
• 17:06
  Yes, OK, We have a silver price in China right now as of their
• 17:12
  close last night of almost $97.00 per oz.
• 17:17
  And we look at their futures market 9612, OK.
• 17:21
  This is the SGE, which is their physical market.
• 17:25
  They do things a little different in China on the
• 17:27
  Shanghai Gold Exchange. This right here is an actual
• 17:32
  physical market, and things are really getting crazy in China
• 17:36
  with these investment funds and all kinds.
• 17:38
  I mean, the whole silver market, which to me indicates that we're
• 17:42
  in for some great times ahead. There are dislocations almost
• 17:47
  everywhere, everywhere we look. Rob Keats had this to say.
• 17:54
  Hold on one second. He's from the Freedom Report.
• 17:56
  Much respected voice in the silver and gold sector, he said.
• 18:00
  I've been saying this is happening.
• 18:01
  Exclamation point replying to this tweet from the China Pulse.
• 18:05
  Just then, China bought billions of dollars worth of silver and
• 18:11
  gold during the massive price drop on Friday.
• 18:14
  China was in there. There's a vacuuming sound that
• 18:17
  we are hearing. Do you hear the vacuum is
• 18:21
  upstairs Susie home? Is she running the vacuum right?
• 18:24
  No. That vacuum sound that we are
• 18:26
  hearing are China and India sucking in all the world's gold
• 18:32
  and silver. But wait, there's more.
• 18:35
  It's the physical silver. The physical gold, right?
• 18:40
  Because we're in a situation now like no other time in history.
• 18:43
  Geopolitically, the world and economically, the world has
• 18:46
  changed. It's really not accurate for us
• 18:49
  to compare on 2 important categories what's happening now
• 18:54
  in the precious metals markets to 1980 or even 2011.
• 18:59
  We are in a total different world right now, OK,
• 19:04
  geopolitically, right? China and India, from economic
• 19:08
  perspective, are powerhouses and are sucking in all the world's
• 19:14
  physical metal. It's going to continue to be
• 19:16
  super, super interesting. Next we're going to talk about,
• 19:19
  yeah, the guy who said we could have $500 silver sooner as
• 19:23
  opposed to later. We'll get to that next.
• 19:24
  First, I do want to say thank you to channel sponsor First
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  Mining Gold. It's a stock I owned long before
• 19:31
  they sponsored the channel. I made videos about First Mining
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  well. It's a company that I have a ton
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  of respect for. They have two multi million
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  ounce development stage gold projects in Canada, Spring Pool
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  These are development stage projects, but it's been
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  established that the gold is in the ground, millions of Oz of
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  gold in the ground in each of those separate projects and the
• 20:02
  big mining companies, they're going to need to get their hands
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  on more and more. Or gold to refill their
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  pipelines as we move into the next 10 years.
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  And there just aren't a lot of great projects in great
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  jurisdictions. You can learn more about first
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  mining gold at firstmininggold.com.
• 20:18
  And again, do your own research. I'm not a stockbroker.
• 20:21
  I'm not a financial advisor. I'm just sharing my personal
• 20:25
  opinion with you. Now let's go and see what the
• 20:29
  Michael Oliver, right, the king of technical analysis, Eric
• 20:35
  Sprott, who's founded Sprott, Sprott Resources, the big Sprott
• 20:40
  company up in Canada, always talks about Michael Oliver,
• 20:43
  super smart guy. He gave us an update kind of
• 20:46
  what's going on, $50 silver. We'll talk about that first.
• 20:50
  But let's remember Michael Oliver said that there's still a
• 20:53
  good chance, right, that we could get to unbelievable levels
• 20:57
  in the silver price during the first or second quarter of 2026.
• 21:03
  Let's pull, pull this up. We're going to start.
• 21:06
  Hold on here. Right here and hear what Michael
• 21:09
  Oliver has to say. You make sure.
• 21:13
  Oh, here we go. Wrong one.
• 21:14
  There we go. Should be on your screen now.
• 21:18
  And hold on. Hold on.
• 21:22
  Yeah, Here we go. Could you see a silver dropping
• 21:26
  or testing 50? No, I don't.
• 21:29
  It doesn't make sense to me. The the I'd be looking right
• 21:35
  now. Our daily stuff is overdone.
• 21:37
  OK. We know that daily moment.
• 21:39
  Short term. Yeah.
• 21:40
  And even the weekly says, hey, yeah, look for a low real soon.
• 21:43
  So if somebody had not invested in silver gold up to this point,
• 21:47
  Yeah, for whatever reason and and is thinking about it, of
• 21:51
  course, now they think, well, see, I'm glad I didn't.
• 21:53
  Well, of course, you know, where would you have bought it?
• 21:56
  Did you buy if you bought silver in the 30s and 40s?
• 21:58
  OK. Are you doing bad?
• 21:59
  OK, well, yeah, if you bought it at 110, maybe you're hurting.
• 22:03
  You got to regard this pull back as an opportunity because I see
• 22:06
  nothing that argues that that we're at the top.
• 22:10
  You you think this downturn could last long?
• 22:15
  What monetary? Metals in the metals.
• 22:16
  Yeah, No, I don't think so. No, I, I think it's, it could be
• 22:20
  very quick numbing. Yeah, I don't think we've got a
• 22:24
  top and I think this is just the jiggle in the middle and.
• 22:27
  Jiggle in the middle. All right, we heard it from our
• 22:32
  friend Michael Oliver. We are just at the jiggle in the
• 22:35
  middle. I wrote some notes down when he
• 22:37
  was talking. He doesn't think that we were at
• 22:40
  the top, right, $120.00 silver is not the top.
• 22:43
  He called it the jiggle in the middle, right.
• 22:45
  Well, they have a little silver jiggle dance for that one.
• 22:48
  And he also said something very important and that is he doesn't
• 22:51
  think that this little correction that we're on, we're
• 22:55
  in is going to last long. There's different opinions on
• 22:57
  that. You know, we could be with $80
• 23:00
  if we build a base. Look, me personally, I don't
• 23:03
  know how you feel, but if we build a base in the silver
• 23:07
  price, even if it takes months and months at $80, you realize
• 23:11
  what that can set us up for as we head into the coming quarters
• 23:15
  and years. Look, Michael Oliver does not
• 23:17
  have a crystal ball. He's super highly regarded,
• 23:20
  probably the top, OK. But nonetheless we are in a new
• 23:25
  paradigm. We are in a new weather system
• 23:28
  when it comes to silver and gold.
• 23:30
  Let's look at some crazy data coming out about gold and then
• 23:34
  we're going to do some, should we say stress in the market or
• 23:38
  shortage, right. Are we getting evidence?
• 23:40
  Yes, we are. I've got several pieces of
• 23:42
  evidence that indicate to us that throughout the world there
• 23:45
  is still unbelievable robust demand for the physical metal.
• 23:51
  And don't forget, this is a physical driven rally.
• 23:55
  I'm going to give credit to Keith Newmeyer, the CEO of First
• 23:58
  Majestic. I heard him say it about 3 or 4
• 24:01
  weeks ago is one of the first. He pointed out that, hey, this
• 24:04
  is a physical driven rally. But before we get to that,
• 24:09
  because we've got some crazy data, even another little video
• 24:12
  to watch, let's talk about what's going on with gold right
• 24:16
  now because this is another piece of data, another data
• 24:19
  point for which we can be very optimistic, says from Gary Bohm.
• 24:24
  Data recently released by the World Gold Council, OK for the
• 24:30
  full year 2025 paints a picture of a market in the throes of a
• 24:35
  of a historic demand driven bull run.
• 24:40
  For the first time in history, total annual gold demand
• 24:45
  breached the 5000 ton mark. And hold on a second.
• 24:48
  My phone is blowing up. We're doing this live.
• 24:52
  I want to make sure upstairs Susie's not trying to, OK, She's
• 24:56
  not. I make sure we didn't have some
• 24:58
  tech issues or something going on.
• 25:00
  Guys, the World Gold Council tells us, right?
• 25:03
  First time in history annual gold demand breached the 5000
• 25:08
  ton mark. The demand at the demand for
• 25:11
  metals, gold and silver, both are going through the roof.
• 25:15
  But what about on the retail level?
• 25:17
  What's going on around the world?
• 25:18
  You know, the story in the United States, the local, the
• 25:21
  whole coin shop guys are all saying, oh, demand for metals,
• 25:25
  you know, subdued. It's not great.
• 25:28
  We've talked about this, right? What we really want to look at
• 25:31
  are the online bullion dealers in the United States which are
• 25:34
  reporting, you know, it's take, we can't ship it for a week or
• 25:38
  two. We've got order minimums, right?
• 25:41
  We know the take away there is the demand in the United States
• 25:44
  from the online bullion dealers is robust, but what about
• 25:49
  throughout the world? We got it.
• 25:50
  We're going to have some fun. We got a lot to look at here
• 25:53
  because we have a lot of evidence telling us that there's
• 25:56
  great demand coming in from around the world.
• 25:59
  First, we'll look at this right, just Dario put this out
• 26:02
  yesterday that points out again that right, these are the online
• 26:06
  bullion dealers. 1 kilogram silver bars were sold out on
• 26:11
  Amex, 11000 oz bars sold out on Bullion Star and only 20
• 26:18
  available for pre sale. Kilogram bars sold out on JM
• 26:23
  Bullion kilogram. 1000 oz bars sold out on SD Bullion in 1000.
• 26:28
  Oz bars sold out on Kitco. So I'm not going to say there's
• 26:32
  a shortage, but we will definitely say stress in the
• 26:36
  market. Now if we go overseas.
• 26:38
  This came out from the Perth Mint.
• 26:40
  Important notice this is Australia to their distributors.
• 26:44
  Due to increasing worldwide demand for silver bullion
• 26:47
  products, we have a large backlog of orders for the 2000
• 26:51
  26 Kangaroo one ounce silver bullion coin.
• 26:54
  That's their flagship silver bullion coin.
• 26:57
  As a result, in red, we have decided to pause taking
• 27:01
  wholesale orders for this coin from today until the 23rd of
• 27:06
  February. OK, now let's go hear more from
• 27:10
  Australia and don't worry, we got a video to watch.
• 27:13
  David Taylor says huge gold line.
• 27:16
  They say the word Q in Sydney at ABC Bullion.
• 27:21
  Look at the size of that line, guys.
• 27:23
  OK. Now, again, we don't know for
• 27:25
  sure that those people aren't possibly selling, but based on
• 27:30
  what he said, I think most of them are there to be buying.
• 27:34
  Now, we got a little video to watch, OK, from David, David,
• 27:40
  David Taylor Gold mines at Sydney's Martin Place.
• 27:44
  Now, let's take a look at this. And I want to reiterate to you
• 27:48
  this, these people aren't in line for Taylor Swift concerts.
• 27:51
  And I had to laugh because I thought the only time that we
• 27:54
  would have an interest in watching a 32nd video about
• 27:58
  lines is that what when, when you when we know the lines are
• 28:02
  of people lining up to buy gold and silver.
• 28:05
  Let's take a watch. Let's take a look at this.
• 28:08
  Where's the line? Oh, there's the line.
• 28:14
  Are you guys here for the Taylor Swift concert tickets?
• 28:18
  Look, then the line breaks. Oh, oh, the line continues and
• 28:23
  continues. And we have some news from the
• 28:35
  mainstream media about crazy old and silver demand.
• 28:39
  We're going to look at that next.
• 28:40
  So there we go. That looked like a pretty long
• 28:44
  line of people to me, all wanting to get their hands on
• 28:49
  some gold and silver. But what about the mainstream
• 28:52
  media? Is this just some guy in his
• 28:54
  basement cherry picking little videos off the Internet to say,
• 28:58
  oh, there's big lines? Well, let's see what Bloomberg
• 29:01
  has to say about retail silver demand and one of the most
• 29:05
  important countries in the world.
• 29:08
  And we get this from Bloomberg, right?
• 29:10
  Bloomberg Business only 9 .7 hold on a minute here yeah 9.7
• 29:17
  million followers on X and they said this people were still
• 29:22
  queuing, which means lining up to buy gold in Singapore even as
• 29:28
  prices plummeted, showing the extraordinary resilience in
• 29:34
  retail demand for precious metals.
• 29:37
  Well, Hallelujah. Thank you Bloomberg for pointing
• 29:40
  that out right Bloomberg again almost 10 million followers on
• 29:45
  the X platform recognizing Singapore.
• 29:48
  Why is Singapore important huh? You know, the reason why is
• 29:51
  because Singapore is one of the wealthiest countries in the
• 29:56
  world, right? It's a little country, but one
• 29:59
  of the wealthiest, especially when you measure it based on per
• 30:03
  capita income. All throughout Asia, we're
• 30:06
  seeing massive, massive demand for the physical metals when it
• 30:10
  starts, right? And it's, I guess somewhat
• 30:13
  started in the United States, But think about what can happen
• 30:17
  when it occurs in the United States, when those other people
• 30:20
  sheep noise warning. I apologize for all of you
• 30:23
  who've been complaining. I haven't made the sheep noise
• 30:26
  for a while. But you know, here in the United
• 30:28
  States, we're we're the exception.
• 30:30
  We're not the rule. It's different in China and
• 30:33
  India. In China and India, gold and
• 30:35
  silver are ingrained into the fabric of the society.
• 30:40
  People in India, they use silver.
• 30:42
  The poor farmers use silver to save money so that the monsoon
• 30:47
  season's bad. They can they can cash in their
• 30:49
  silver and survive. It's a worldwide commodity.
• 30:55
  It's a worldwide store of value that is so, so critical for us
• 31:00
  to understand, right? And these are big countries,
• 31:03
  China and India. And then one more funny.
• 31:06
  We're going to have we're going to have a little laugh here.
• 31:08
  This is a great one. I love it.
• 31:12
  This is hold on, let me pause it.
• 31:16
  A new from Nastra House of Gold, a new silver investor
• 31:20
  experiencing their first big attack by the bankers.
• 31:24
  This is how a new the new silver investors.
• 31:27
  Hold on here. Get this down.
• 31:29
  Get this on full screen that this is you.
• 31:32
  This is me when they're attacking silver.
• 31:48
  I just got a text from my friend Mr. M, who's out on the eastern
• 31:52
  part of the United States. He said he's watching the live
• 31:54
  stream. Hello.
• 31:56
  But most importantly, thanks to all of you for being here.
• 31:59
  OK, look, we've talked about this before, right?
• 32:02
  The, the, the, the course ahead for silver and gold.
• 32:06
  There's going to be some choppy waters, no doubt about it.
• 32:09
  But we know the underlying fundamentals as to why we have
• 32:14
  decided, and everybody makes up their own mind.
• 32:16
  Listen to me, listen to other people, listen to yourself first
• 32:20
  and foremost. But we can navigate these choppy
• 32:22
  waters together. I know we will.
• 32:24
  Please don't forget. Subscribe to the channel that
• 32:27
  makes Upstairs. Susie, happy.
• 32:29
  But most important, have a great, great day and I'll look
• 32:32
  forward to seeing you. Yes, you.
• 32:35
  Yeah, you next time.