Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **WAKE UP** China and Russia Preparing to SHOCK Precious Metals

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**WAKE UP** China and Russia Preparing to SHOCK Precious Metals · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

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  The BRICS countries could revalue gold to $3000 per oz,
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  Silver easily 50 or $60.00 per oz.
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  Remember all that talk over the summer about a bricks unified
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  gold backed currency that turned out to be an absolute nothing
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  burger? Well, everybody seems to have
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  completely forgotten about that. But do we need to pay attention
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  to not a gold backed currency, but just a revaluation by the
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  BRICS countries that are growing in power, a revaluation of the
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  gold price and the silver price that could send things moving
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  and moving quickly. Let's look at all the evidence,
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  get the answers in this video, and let's do it right now.
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  Hey, it's a big deal. When you decide to join me here
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  in the basement, I will put out a piece of content every single
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  day for the rest of my life. You're always welcome here.
• 1:02
  It's a big honor when you join me.
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  I want you to come back. Please subscribe to the channel.
• 1:07
  Give this video a thumbs up. Now, what's the first glaring
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  sign that we could be in for this revaluation of gold and
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  silver by the bricks? We need look no further than the
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  price action in gold and silver over the last few months.
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  For the first time in a long time, the manipulators who were
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  always able through the Comex and the LBMA to tamp down the
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  price of silver, tamp down the price of gold are running into
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  stiff, stiff resistance. Their ability to sell silver
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  short, sell gold short has been encumbered over the last few
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  months in the face of a strengthening dollar.
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  The price of silver. The price of gold had remained
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  very stable and in the case of gold, very high, holding above
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  $2000 per oz. The manipulators are getting a
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  little nervous, and the game that they've played for decades
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  isn't quite as accommodative. And this is because the bricks
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  are growing in power. Brazil, Russia, India, China,
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  South Africa, Iran, Saudi Arabia, Egypt, Ethiopia, the
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  United Arab Emirates and a host of other countries that have
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  explicitly said they want to join the BRICS are growing in
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  power and transforming the precious metals markets.
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  So while the West tries to sell, sell, sell silver and gold, the
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  East, the BRICS countries are more than happy to absorb all
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  that selling and in many cases buy even more.
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  Which is why we've seen the gold price hold above $2000.
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  Why? We hear that the wholesale
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  market for silver, the big 1000 oz bars, remains robust.
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  But what explicit signs have we heard from these Eastern
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  countries who are transforming the market?
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  Haven't they told us explicitly that they want to move away from
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  the dollar? DE dollarization, a term coined
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  by Goldman Sachs almost a decade ago, is becoming a real
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  phenomena right now. And we have concrete proof that
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  it's going on as countries are selling their U.S.
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  Treasuries, buying things like gold, and on top of that,
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  conducting an ever increasing number of financial transactions
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  amongst themselves in their own native currencies.
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  But that's where it gets real interesting.
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  Before I talk about that, let's say thank you to channel sponsor
• 3:52
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• 3:55
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• 4:02
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• 4:06
  and best ServiceNow what's this big, big factor we need to
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  consider when we're talking about the bricks and them doing
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  transactions de dollarization? They may not trust the United
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  States or the US dollar because it's been weaponized, but they
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  also don't really trust each other either.
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  So if they're not going to trust the dollar and they're not going
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  to trust each other and each other's currencies or at least
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  have a fair level of suspicion, what do you think they would
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  trust? Do you think they might decide
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  to trust our old friend? Gold and silver that have been
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  money have been a way to facilitate financial
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  transactions over decades, centuries, really over the
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  millennia? I think they would.
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  Does that maybe explain to us why we have the world central
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  banks buying gold at a faster pace than really almost any time
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  in history? Well, at least since like 1950.
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  Does it feel like to you we have a growing number of countries
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  with growing economies that are explicitly moving away from the
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  dollar, moving toward gold that we don't really need an explicit
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  gold backed official currency, although that's not off the
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  table. But we could certainly expect
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  any time that they could decide to revalue gold to get it up to
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  a level where they feel it's priced fairly.
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  True price discovery because we've heard from these countries
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  in the case of both gold and silver many times that they
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  believe the price is artificially low.
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  So while we may not get the full blown gold backed currency
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  between them, if they're able to revalue their goal, they then
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  have a foundation, a tether to their currency that they can use
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  when doing business with each other.
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  I hope you enjoyed this video. I want you to come back.
• 6:09
  Please come back to the basement.
• 6:11
  I'm here every single day. It's a big honor when you join
• 6:15
  me, and I'll look forward to seeing you soon.
• 6:18
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