Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **Silver's NEW REALITY** 🦍🦍 Hear What to EXPECT! - (Gold Price News UPDATE too)
Transcript
- 0:01Silver price and gold price Vital update.
- 0:04Critical intelligence that tells us we will continue in this.
- 0:09What are historic times for the precious metals.
- 0:12We got a lot to cover. The most vital thing is that you
- 0:16decided to join me. I appreciate you being down here
- 0:19in the basement with me. It gets lonely when you're not
- 0:22around, so thank you. Thank you.
- 0:23Please subscribe to the channel. We're still running that
- 0:26special. Everything's free for 2026.
- 0:30Give this a thumbs up. Leave a comment in the comment
- 0:33section, Right. We appreciate you.
- 0:35You're intelligent. That's how we learn is from each
- 0:37other. You don't have to agree with me.
- 0:39That's great. And oh, yeah, super chats.
- 0:41Super thanks. Putting us in your will.
- 0:44None of that stuff is expected, but always appreciated.
- 0:47Let's get started right now. We got a ton to cover.
- 0:50OK, let's talk about volatility. It's the new norm.
- 0:55Get used to it. I know today we're up big on the
- 0:57silver price. It's going to move all over the
- 1:00place, but I'm going to tell you why and show you why right now.
- 1:04One big reason. And then we got a lot more to
- 1:06cover. China shortages, the jiggle
- 1:09wiggle in the middle, the $500 silver in a couple months.
- 1:13Guy gave us an update and that 1974 I've been promising and
- 1:18you're going to get to see it today that 1974 minimum that
- 1:22explains why we're going through what we're going through right
- 1:25now in the markets. But it looks good.
- 1:27The future deep breath is is bright for the precious metals
- 1:33prices. Let's start here.
- 1:35Let's go out and look at I believe our friend Rashad Rashad
- 1:38brought this up, but there's a powerful, powerful message in
- 1:42this silver's 45 year breakout. Hold on a second upstairs.
- 1:47Susie isn't here today so I got to check.
- 1:49All right, we got you up. Silver's 45 breakout could not
- 1:54end in two months. The move is just starting.
- 1:58I'm going to show you what he's talking about here in a second.
- 2:01Recent sell off is a desperate act to contain Silver's move,
- 2:05but it's going to backfire. Silver is just warming up and as
- 2:10we know, it looked like it backfired this morning.
- 2:12What he's talking about here guys, and it's been a couple
- 2:15weeks. I apologize.
- 2:17Is this 1980, 2011? This is the world's biggest and
- 2:23best ever cup. There's the cup, right?
- 2:27The highs in 1980, 2011. And here's the handle, OK, And
- 2:33we just right here broke out two months ago.
- 2:38The point is this. And then of course, we shot up.
- 2:41Who knows how high we can go? We're hearing 200.
- 2:44We're going to hear from the $500 guy later.
- 2:46But the point is this guy's this right here.
- 2:49Let me take that last line off. This cup and handle pattern is
- 2:54like the most epic textbook cup and handle in the history of
- 2:58technical analysis. It, it formed over 46 years,
- 3:04started in 198046 year patterns don't typically end extremely
- 3:10highly unlikely to end in a 2 month period.
- 3:14So let's keep that in mind right as we went through what was a
- 3:18historic, we aren't going to dwell on it, but on Friday,
- 3:21excuse me, January 30th, 2026, as you know, we had a historic
- 3:28down move in the silver price. We're still at $85 silver last
- 3:34time I checked. That little guy right there,
- 3:36that's Smitty, the silver bear. He had an $85 blindfold on for
- 3:40years. People said it would never come
- 3:42off. OK, it came off when, you know,
- 3:44we went to 120, we came back down, but we're still at $85
- 3:49silver. Let's take a deep breath and
- 3:51realize that and the fundamentals have not changed,
- 3:54but there will will be volatility.
- 3:57The big bankers, right, are fighting and we talked about
- 4:00this over the last month, right? They still have some tricks up
- 4:04their sleeve, but their tricks are starting to be a little bit
- 4:07lacking in potency. Don't worry, we got a lot more
- 4:11to cover and this is healthy. It's normal consolidation.
- 4:14Don't worry about it. That's what I think.
- 4:16Remember, I don't have a crystal ball.
- 4:18I'm not a financial advisor, but I have a knack for being right
- 4:22about things. Let's go on to the next.
- 4:24Let's talk about this manipulation in the markets.
- 4:27We're going to touch on that and I've got that incredible 1974
- 4:31memo we're going to look at here in just one second, but let's go
- 4:35see what Mr. Middle Coop had to say and some other just
- 4:38unbelievable. There's three big things in here
- 4:42that we're going to look at. Pieces of data that show us
- 4:46manipulations going on. This comes from now that I'm
- 4:49sharing the right screen. The Silver Academy.
- 4:53The silver revaluation, the largest repricing event in
- 4:57modern monetary history. The Great Silver reset has
- 5:01begun. The COMEX right in the LBMA.
- 5:05The London Bullion Market Association in London, England
- 5:08Vaults are bleeding dry as paper manipulators scramble to cover
- 5:13silver's explosive revaluation toward 15 to 1 gold to silver
- 5:19ratio is now inevitable. And he brings up this great
- 5:24tweet from William Middlecoup, who's in the Netherlands, I
- 5:28believe super smart guy, like one of the one of the one of the
- 5:31leading figures in the world of silver and gold.
- 5:34OK, now this is what he had to. He threw in his two cents.
- 5:38We are in a precious metals revaluation process where the
- 5:42COMEX and LBMA are being drained from physical gold, but
- 5:46especially silver. All the shorters now care about
- 5:51is low paper price, the comex slash crimex prices while trying
- 5:59to cover paper shorts and minimize their losses or losses.
- 6:03At the end of this process, the full revaluation will unfold and
- 6:09especially silver will be trading much higher, reaching a
- 6:13gold to silver ratio of at least 15.
- 6:17Wow. What if it gets to wait a
- 6:19minute? Let me let's do some quick math
- 6:20here guys and then we're going to go down.
- 6:22We got a lot more crazy data to look at here, but let's let's
- 6:26just make believe we've got up. That's hold on one second.
- 6:29I'm pulling out my calculator. Bear with me.
- 6:35Hold on, hold on. Hopefully you can still hear me.
- 6:40If we had a $5000 gold price and the ratio got that, Yeah, my
- 6:44math is right. I should be able to do that in
- 6:46my head. Let me look at you.
- 6:48Middle Coupe is calling for a 15 to 1 gold to silver ratio,
- 6:52meaning it would take 15 ounces of silver to get one ounce of
- 6:56gold if we got the 20 where it took 20 ounces of silver.
- 7:01One tube of of these here actually, Well, hold on here
- 7:05there, there's a tube of American Silver Eagles.
- 7:08I think there's 20 in there. I should count 20 or 25.
- 7:11You get the .20 ounces of silver to get one ounce of gold and we
- 7:15had a $5000 gold price that would put the silver price at
- 7:18$250. I digress.
- 7:21Let's go back to this wonderful article and some shocking data.
- 7:25Friday's silver smash wasn't just another price raid, it was
- 7:29the most violent, one day engineered takedown in modern
- 7:34history of silver trading again over 2 full years.
- 7:38And we're going to look at the latest breaking data, data on
- 7:40this of global silver mine supply.
- 7:43Two years of global silver mine supply, 1.58 billion oz were
- 7:48dumped on the COMEX in a single session, the result of 40% price
- 7:54collapse in mere hours. But this is where it gets
- 7:57interesting. Very interesting.
- 8:00What happened after the smoke cleared is even more revealing.
- 8:05In yellow, open interest cratered from 317,000 contracts
- 8:10down to just 91,000 contracts, meaning 1.127 billion oz worth
- 8:17of paper silver was vaporized as positions were closed or rolled
- 8:23to avoid physical delivery. In purple.
- 8:26That's the whole point of the raid, the flush out the longs
- 8:30kill sentiment and wait till you hear this memo from the 70s and
- 8:35avoid facing the one thing the cartel truly fears actual
- 8:40delivery of physical metal. That extreme 345% turnover in
- 8:45March contracts, which is a major delivery month wasn't
- 8:48market efficiency. It was pure panic.
- 8:51Paper traders ran for the exits before the delivery clock
- 8:56started ticking. The manipulators succeeded in
- 8:59pushing the price down, but it but at a cost of annihilating
- 9:03their credibility in their own market.
- 9:07Now next guys, I've I've been promising this for hold on here.
- 9:12Hopefully you can still see me and hear me.
- 9:15Are you there? Hello, are you there?
- 9:17Somebody give us a 5 by 5 in the comments section.
- 9:20I've been promising this for a while.
- 9:22This is is true, OK, the manipulation, the induced
- 9:27volatility to to, to have everybody lose their spirit,
- 9:31right. We're not going to lose our
- 9:33spirit, but those maybe the short timers who are here, you
- 9:36know, for a short vacation in the gold and silver sector lost
- 9:39their spirit. That's exactly what they're
- 9:41trying to do in There's proof, and then there's even more proof
- 9:44that we're going to look at because this is a memo.
- 9:50Hold on here, make sure I got you up, which I do.
- 9:55This is a memo that came out during the WikiLeaks link leak.
- 9:59And this was when they were setting up the futures market in
- 10:031974. And this is communication
- 10:06between leaders in in the United States and leaders in London
- 10:12about what they want to do with the futures market.
- 10:15The reason behind it. This is very important for us to
- 10:18to understand, OK, it says to the dealer's expectations and I
- 10:23believe this was from London to the United States will be the
- 10:26formation of a sizable gold futures market.
- 10:31Thanks Silver as well. OK.
- 10:32A futures market, each of the dealers expressed the belief
- 10:37that the futures market would be of significant proportion and
- 10:42physical trading would be minuscule by comparison.
- 10:46So the futures market and that's where we get these numbers like
- 10:49347 paper ounces to 1 real physical oz, right, That the
- 10:54futures market would be huge compared to the physical market.
- 10:57They also expressed also expressed was the expectation
- 11:01that large volume futures deal would create a highly volatile
- 11:08market and then in orange in turn comma the volatile price
- 11:13movements would diminish the initial demand for physical
- 11:18holding and most likely negate long term hoarding by U.S.
- 11:24citizens. So this was all unfolding in the
- 11:28wake of the 1971 decision by President Richard Nixon to take
- 11:33the United States off the gold standard.
- 11:35When they took the US off the gold standard in 1971, gold
- 11:39suddenly became, for no other way to say it, the enemy of the
- 11:43dollar. OK, It was in competition with
- 11:46the dollar. So they wanted to find a way to
- 11:48induce volatility and diminish the desire for normal Western
- 11:53people to hold physical metals. That's what it did.
- 11:57Now I've got this one more brief point we're going to look at.
- 12:01This was actually from, from, from AII asked about about to
- 12:06tell me what happened. It said the 1974 memo titled the
- 12:10Gold market Make sure I got this up, which I do, discusses how
- 12:14creating a futures market could dampen private gold demand and
- 12:19silver. U.S. officials believe that high
- 12:22volatility and the ability to trade on margin would discourage
- 12:27long term hoarding by private investors, thereby supporting
- 12:31the dollar stability. After the collapse of the
- 12:34Bretton Woods system, which was us in 1971, taking the US dollar
- 12:40off the gold standard, which by the way, worked really well
- 12:43because since 1971 when President Rickson Nixon
- 12:48temporarily took the United States off the gold standard.
- 12:52Since then in 1971, right, the dollar has lost 99% of its value
- 12:59versus gold. OK, it's just the way it works.
- 13:02Next we're going to look look at the at the up to date comex
- 13:05figures. We got the $500 silver guy real
- 13:08soon with the jiggle jiggle in the middle.
- 13:10We're going to look at that and big updates on shortages.
- 13:13We got a lot to cover First. I do want to say thank you to
- 13:16channel sponsor first meant I'm here, we get to get together.
- 13:19We, I love the precious metals, right?
- 13:22But it's because of the support of my sponsors.
- 13:24First Mint is the silver specialist mint in Las Vegas,
- 13:30NV. You guys have provided me with
- 13:32unbelievable positive feedback about your experiences with
- 13:36first Mint and I have experienced it for myself.
- 13:38It really is a premium retail silver buying experience.
- 13:44And there's something real unique about First Mint because
- 13:47with them, right, the silver that you get, it comes directly
- 13:51from the mine because First Mint is owned by First Majestic
- 13:55Silver, who mines the silver in Mexico.
- 13:58The silver literally goes from the mine to the mint to you.
- 14:02OK, guess what? Did you notice something?
- 14:05There's no COMEX involved. When you buy silver from First
- 14:09Mint, there's no LBMA involved. It just literally goes from the
- 14:13mint from the mine to the mint to you.
- 14:15They've got wonderful products. There's a discount code that you
- 14:19can use VIPRB like very important person Ron's basement.
- 14:24Let me show you quickly where to go to check them out.
- 14:28Here is the First Mint website, first mint.com.
- 14:33There's their store. You can look at all their bars,
- 14:36rounds, all kinds of accessories, all kinds of cool
- 14:38stuff available. And, and like I said, like one
- 14:43of the things that makes me, I will only work with sponsors
- 14:47that I believe in. And you guys have given
- 14:50unbelievable positive feedback. Now, we talked about, right, the
- 14:54idea that when they set up the futures market, they wanted to
- 14:57manipulate the price of gold and silver.
- 15:00OK, speculation, I don't know you saw the memo, but let's look
- 15:04at the most recent data, because what we learned about yesterday
- 15:09was this from our friend the dude, OK?
- 15:12Just yesterday, kind of a normal quote UN quote day in the silver
- 15:15market, the silver market traded over 1 billion paper oz OK, it's
- 15:23and at the bottom he says hopefully the miners can get
- 15:26some gains today after the artificial crash.
- 15:29The important take away here is that guys, over the last month,
- 15:34we have seen more and more days when on one day the paper
- 15:38market, the Comex or his middle coupe called it the crime X.
- 15:43But in one day, right now, it's becoming more of the norm.
- 15:46They are trading more silver than the entire mining sector
- 15:51produces in the course of the year.
- 15:53What does that tell us, right? It's make believe.
- 15:55It's not real, OK, it's fantasy island silver, right?
- 15:59It, it's, it's not, it's, it's, it's, it just makes sense that
- 16:04there maybe is a little bit of just speculating manipulation of
- 16:08the silver price. We know that that crash.
- 16:11I'll say it one more time because this is proof, in my
- 16:15opinion, a strong indication, if not proof.
- 16:20Right on, on Friday, January 30th, when the silver price had
- 16:24this epic historical crash, we'll just call it what it was.
- 16:29That was a 10 Sigma event. The odds of that happening are
- 16:33one out of one with 24 zeros behind it.
- 16:37Years, OK, it's incredible. OK, it's just it's it it it's
- 16:42anyone who follows statistics as the only way things like that
- 16:45happen are because they're engineered.
- 16:48So take take it for what you will.
- 16:50Let's go check on what's going on in China with the silver
- 16:54price right now. We go to see our friend the
- 16:56Shanghai Ghost, where we still have a hold on here.
- 17:01Yep, we got up. Shoot, hold on.
- 17:04Hopefully you guys can see me and hear me.
- 17:06Yes, OK, We have a silver price in China right now as of their
- 17:12close last night of almost $97.00 per oz.
- 17:17And we look at their futures market 9612, OK.
- 17:21This is the SGE, which is their physical market.
- 17:25They do things a little different in China on the
- 17:27Shanghai Gold Exchange. This right here is an actual
- 17:32physical market, and things are really getting crazy in China
- 17:36with these investment funds and all kinds.
- 17:38I mean, the whole silver market, which to me indicates that we're
- 17:42in for some great times ahead. There are dislocations almost
- 17:47everywhere, everywhere we look. Rob Keats had this to say.
- 17:54Hold on one second. He's from the Freedom Report.
- 17:56Much respected voice in the silver and gold sector, he said.
- 18:00I've been saying this is happening.
- 18:01Exclamation point replying to this tweet from the China Pulse.
- 18:05Just then, China bought billions of dollars worth of silver and
- 18:11gold during the massive price drop on Friday.
- 18:14China was in there. There's a vacuuming sound that
- 18:17we are hearing. Do you hear the vacuum is
- 18:21upstairs Susie home? Is she running the vacuum right?
- 18:24No. That vacuum sound that we are
- 18:26hearing are China and India sucking in all the world's gold
- 18:32and silver. But wait, there's more.
- 18:35It's the physical silver. The physical gold, right?
- 18:40Because we're in a situation now like no other time in history.
- 18:43Geopolitically, the world and economically, the world has
- 18:46changed. It's really not accurate for us
- 18:49to compare on 2 important categories what's happening now
- 18:54in the precious metals markets to 1980 or even 2011.
- 18:59We are in a total different world right now, OK,
- 19:04geopolitically, right? China and India, from economic
- 19:08perspective, are powerhouses and are sucking in all the world's
- 19:14physical metal. It's going to continue to be
- 19:16super, super interesting. Next we're going to talk about,
- 19:19yeah, the guy who said we could have $500 silver sooner as
- 19:23opposed to later. We'll get to that next.
- 19:24First, I do want to say thank you to channel sponsor First
- 19:28Mining Gold. It's a stock I owned long before
- 19:31they sponsored the channel. I made videos about First Mining
- 19:34Gold 5-6 years ago. I know the management team there
- 19:38well. It's a company that I have a ton
- 19:40of respect for. They have two multi million
- 19:43ounce development stage gold projects in Canada, Spring Pool
- 19:48in Ontario and one called Du Parquet in Quebec.
- 19:53These are development stage projects, but it's been
- 19:55established that the gold is in the ground, millions of Oz of
- 19:58gold in the ground in each of those separate projects and the
- 20:02big mining companies, they're going to need to get their hands
- 20:05on more and more. Or gold to refill their
- 20:08pipelines as we move into the next 10 years.
- 20:11And there just aren't a lot of great projects in great
- 20:14jurisdictions. You can learn more about first
- 20:16mining gold at firstmininggold.com.
- 20:18And again, do your own research. I'm not a stockbroker.
- 20:21I'm not a financial advisor. I'm just sharing my personal
- 20:25opinion with you. Now let's go and see what the
- 20:29Michael Oliver, right, the king of technical analysis, Eric
- 20:35Sprott, who's founded Sprott, Sprott Resources, the big Sprott
- 20:40company up in Canada, always talks about Michael Oliver,
- 20:43super smart guy. He gave us an update kind of
- 20:46what's going on, $50 silver. We'll talk about that first.
- 20:50But let's remember Michael Oliver said that there's still a
- 20:53good chance, right, that we could get to unbelievable levels
- 20:57in the silver price during the first or second quarter of 2026.
- 21:03Let's pull, pull this up. We're going to start.
- 21:06Hold on here. Right here and hear what Michael
- 21:09Oliver has to say. You make sure.
- 21:13Oh, here we go. Wrong one.
- 21:14There we go. Should be on your screen now.
- 21:18And hold on. Hold on.
- 21:22Yeah, Here we go. Could you see a silver dropping
- 21:26or testing 50? No, I don't.
- 21:29It doesn't make sense to me. The the I'd be looking right
- 21:35now. Our daily stuff is overdone.
- 21:37OK. We know that daily moment.
- 21:39Short term. Yeah.
- 21:40And even the weekly says, hey, yeah, look for a low real soon.
- 21:43So if somebody had not invested in silver gold up to this point,
- 21:47Yeah, for whatever reason and and is thinking about it, of
- 21:51course, now they think, well, see, I'm glad I didn't.
- 21:53Well, of course, you know, where would you have bought it?
- 21:56Did you buy if you bought silver in the 30s and 40s?
- 21:58OK. Are you doing bad?
- 21:59OK, well, yeah, if you bought it at 110, maybe you're hurting.
- 22:03You got to regard this pull back as an opportunity because I see
- 22:06nothing that argues that that we're at the top.
- 22:10You you think this downturn could last long?
- 22:15What monetary? Metals in the metals.
- 22:16Yeah, No, I don't think so. No, I, I think it's, it could be
- 22:20very quick numbing. Yeah, I don't think we've got a
- 22:24top and I think this is just the jiggle in the middle and.
- 22:27Jiggle in the middle. All right, we heard it from our
- 22:32friend Michael Oliver. We are just at the jiggle in the
- 22:35middle. I wrote some notes down when he
- 22:37was talking. He doesn't think that we were at
- 22:40the top, right, $120.00 silver is not the top.
- 22:43He called it the jiggle in the middle, right.
- 22:45Well, they have a little silver jiggle dance for that one.
- 22:48And he also said something very important and that is he doesn't
- 22:51think that this little correction that we're on, we're
- 22:55in is going to last long. There's different opinions on
- 22:57that. You know, we could be with $80
- 23:00if we build a base. Look, me personally, I don't
- 23:03know how you feel, but if we build a base in the silver
- 23:07price, even if it takes months and months at $80, you realize
- 23:11what that can set us up for as we head into the coming quarters
- 23:15and years. Look, Michael Oliver does not
- 23:17have a crystal ball. He's super highly regarded,
- 23:20probably the top, OK. But nonetheless we are in a new
- 23:25paradigm. We are in a new weather system
- 23:28when it comes to silver and gold.
- 23:30Let's look at some crazy data coming out about gold and then
- 23:34we're going to do some, should we say stress in the market or
- 23:38shortage, right. Are we getting evidence?
- 23:40Yes, we are. I've got several pieces of
- 23:42evidence that indicate to us that throughout the world there
- 23:45is still unbelievable robust demand for the physical metal.
- 23:51And don't forget, this is a physical driven rally.
- 23:55I'm going to give credit to Keith Newmeyer, the CEO of First
- 23:58Majestic. I heard him say it about 3 or 4
- 24:01weeks ago is one of the first. He pointed out that, hey, this
- 24:04is a physical driven rally. But before we get to that,
- 24:09because we've got some crazy data, even another little video
- 24:12to watch, let's talk about what's going on with gold right
- 24:16now because this is another piece of data, another data
- 24:19point for which we can be very optimistic, says from Gary Bohm.
- 24:24Data recently released by the World Gold Council, OK for the
- 24:30full year 2025 paints a picture of a market in the throes of a
- 24:35of a historic demand driven bull run.
- 24:40For the first time in history, total annual gold demand
- 24:45breached the 5000 ton mark. And hold on a second.
- 24:48My phone is blowing up. We're doing this live.
- 24:52I want to make sure upstairs Susie's not trying to, OK, She's
- 24:56not. I make sure we didn't have some
- 24:58tech issues or something going on.
- 25:00Guys, the World Gold Council tells us, right?
- 25:03First time in history annual gold demand breached the 5000
- 25:08ton mark. The demand at the demand for
- 25:11metals, gold and silver, both are going through the roof.
- 25:15But what about on the retail level?
- 25:17What's going on around the world?
- 25:18You know, the story in the United States, the local, the
- 25:21whole coin shop guys are all saying, oh, demand for metals,
- 25:25you know, subdued. It's not great.
- 25:28We've talked about this, right? What we really want to look at
- 25:31are the online bullion dealers in the United States which are
- 25:34reporting, you know, it's take, we can't ship it for a week or
- 25:38two. We've got order minimums, right?
- 25:41We know the take away there is the demand in the United States
- 25:44from the online bullion dealers is robust, but what about
- 25:49throughout the world? We got it.
- 25:50We're going to have some fun. We got a lot to look at here
- 25:53because we have a lot of evidence telling us that there's
- 25:56great demand coming in from around the world.
- 25:59First, we'll look at this right, just Dario put this out
- 26:02yesterday that points out again that right, these are the online
- 26:06bullion dealers. 1 kilogram silver bars were sold out on
- 26:11Amex, 11000 oz bars sold out on Bullion Star and only 20
- 26:18available for pre sale. Kilogram bars sold out on JM
- 26:23Bullion kilogram. 1000 oz bars sold out on SD Bullion in 1000.
- 26:28Oz bars sold out on Kitco. So I'm not going to say there's
- 26:32a shortage, but we will definitely say stress in the
- 26:36market. Now if we go overseas.
- 26:38This came out from the Perth Mint.
- 26:40Important notice this is Australia to their distributors.
- 26:44Due to increasing worldwide demand for silver bullion
- 26:47products, we have a large backlog of orders for the 2000
- 26:5126 Kangaroo one ounce silver bullion coin.
- 26:54That's their flagship silver bullion coin.
- 26:57As a result, in red, we have decided to pause taking
- 27:01wholesale orders for this coin from today until the 23rd of
- 27:06February. OK, now let's go hear more from
- 27:10Australia and don't worry, we got a video to watch.
- 27:13David Taylor says huge gold line.
- 27:16They say the word Q in Sydney at ABC Bullion.
- 27:21Look at the size of that line, guys.
- 27:23OK. Now, again, we don't know for
- 27:25sure that those people aren't possibly selling, but based on
- 27:30what he said, I think most of them are there to be buying.
- 27:34Now, we got a little video to watch, OK, from David, David,
- 27:40David Taylor Gold mines at Sydney's Martin Place.
- 27:44Now, let's take a look at this. And I want to reiterate to you
- 27:48this, these people aren't in line for Taylor Swift concerts.
- 27:51And I had to laugh because I thought the only time that we
- 27:54would have an interest in watching a 32nd video about
- 27:58lines is that what when, when you when we know the lines are
- 28:02of people lining up to buy gold and silver.
- 28:05Let's take a watch. Let's take a look at this.
- 28:08Where's the line? Oh, there's the line.
- 28:14Are you guys here for the Taylor Swift concert tickets?
- 28:18Look, then the line breaks. Oh, oh, the line continues and
- 28:23continues. And we have some news from the
- 28:35mainstream media about crazy old and silver demand.
- 28:39We're going to look at that next.
- 28:40So there we go. That looked like a pretty long
- 28:44line of people to me, all wanting to get their hands on
- 28:49some gold and silver. But what about the mainstream
- 28:52media? Is this just some guy in his
- 28:54basement cherry picking little videos off the Internet to say,
- 28:58oh, there's big lines? Well, let's see what Bloomberg
- 29:01has to say about retail silver demand and one of the most
- 29:05important countries in the world.
- 29:08And we get this from Bloomberg, right?
- 29:10Bloomberg Business only 9 .7 hold on a minute here yeah 9.7
- 29:17million followers on X and they said this people were still
- 29:22queuing, which means lining up to buy gold in Singapore even as
- 29:28prices plummeted, showing the extraordinary resilience in
- 29:34retail demand for precious metals.
- 29:37Well, Hallelujah. Thank you Bloomberg for pointing
- 29:40that out right Bloomberg again almost 10 million followers on
- 29:45the X platform recognizing Singapore.
- 29:48Why is Singapore important huh? You know, the reason why is
- 29:51because Singapore is one of the wealthiest countries in the
- 29:56world, right? It's a little country, but one
- 29:59of the wealthiest, especially when you measure it based on per
- 30:03capita income. All throughout Asia, we're
- 30:06seeing massive, massive demand for the physical metals when it
- 30:10starts, right? And it's, I guess somewhat
- 30:13started in the United States, But think about what can happen
- 30:17when it occurs in the United States, when those other people
- 30:20sheep noise warning. I apologize for all of you
- 30:23who've been complaining. I haven't made the sheep noise
- 30:26for a while. But you know, here in the United
- 30:28States, we're we're the exception.
- 30:30We're not the rule. It's different in China and
- 30:33India. In China and India, gold and
- 30:35silver are ingrained into the fabric of the society.
- 30:40People in India, they use silver.
- 30:42The poor farmers use silver to save money so that the monsoon
- 30:47season's bad. They can they can cash in their
- 30:49silver and survive. It's a worldwide commodity.
- 30:55It's a worldwide store of value that is so, so critical for us
- 31:00to understand, right? And these are big countries,
- 31:03China and India. And then one more funny.
- 31:06We're going to have we're going to have a little laugh here.
- 31:08This is a great one. I love it.
- 31:12This is hold on, let me pause it.
- 31:16A new from Nastra House of Gold, a new silver investor
- 31:20experiencing their first big attack by the bankers.
- 31:24This is how a new the new silver investors.
- 31:27Hold on here. Get this down.
- 31:29Get this on full screen that this is you.
- 31:32This is me when they're attacking silver.
- 31:48I just got a text from my friend Mr. M, who's out on the eastern
- 31:52part of the United States. He said he's watching the live
- 31:54stream. Hello.
- 31:56But most importantly, thanks to all of you for being here.
- 31:59OK, look, we've talked about this before, right?
- 32:02The, the, the, the course ahead for silver and gold.
- 32:06There's going to be some choppy waters, no doubt about it.
- 32:09But we know the underlying fundamentals as to why we have
- 32:14decided, and everybody makes up their own mind.
- 32:16Listen to me, listen to other people, listen to yourself first
- 32:20and foremost. But we can navigate these choppy
- 32:22waters together. I know we will.
- 32:24Please don't forget. Subscribe to the channel that
- 32:27makes Upstairs. Susie, happy.
- 32:29But most important, have a great, great day and I'll look
- 32:32forward to seeing you. Yes, you.
- 32:35Yeah, you next time.