Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **SILVER ALERT!** 🦍🦍 The Global Scramble for Resources Has Begun! - Gold NEWS Update too

Transcript

**SILVER ALERT!** 🦍🦍 The Global Scramble for Resources Has Begun! - Gold NEWS Update too · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:01
Historic, unbelievable price action in silver and gold.
0:05
And we have some major news stories to talk about today.
0:09
Big news out of China, $200 silver this year from one of our
0:15
favorite analysts. We're going to take a close look
0:17
at that a new way for us to look at the relationship between gold
0:22
and silver that I had never seen before and I want to share with
0:25
you and I think gives us even more reason to be optimistic not
0:29
only about about gold, but silver as well.
0:32
And of course, I've got a big warning for you that we'll go
0:35
over at the end of this live stream video.
0:37
The most important thing is of course, you, right?
0:40
This is not possible without you being here.
0:42
So thank you for joining me down here in the basement.
0:45
You're important, you're special, your time is valuable.
0:47
Thank you. Please subscribe to the channel,
0:50
give the video a thumbs up and turn on the little bell.
0:53
Hit the little bell thing. That way you'll get notified
0:55
every time we go live because with all this breaking news that
0:58
we're going to cover now, right? It's it's I have to hop on here
1:02
sometimes just to connect with you.
1:04
But welcome to the basement, to the new people and even to maybe
1:08
some of the sheeple who have just now joining us.
1:11
All right, let's get started. Let's go to China.
1:13
The world is scrambling for precious metals.
1:16
The world is scrambling for resources.
1:19
This is getting serious. But let's go to China in the Shu
1:23
Bay. This is one of two that we're
1:25
going to watch from this gentleman today.
1:27
Eric Young, King Kong 9888 shared this on X.
1:32
It's a short video from someone at the Shu Bay Silver Market.
1:35
Again, we got another one, a different one we're going to
1:38
watch later, but let's watch this first 42 seconds.
1:41
Urgent notice An urgent announcement for everyone.
1:44
You absolutely must secure your 1 kilogram silver bars and 15
1:47
kilogram silver plates. Do not under any circumstances
1:49
be influenced by others and sell them off too hastily because our
1:52
fellow traders here in Shu Bay are now actively buying back
1:54
silver bars and silver plates from other traders at very high
1:57
prices. I'm not entirely sure what the
1:58
situation is, but everyone is offering a considerably higher
2:01
premium. Therefore you must firmly hold
2:03
onto your physical investment. Silver bars, please, please
2:06
don't let it affect you. And for friends who haven't yet
2:08
bought into silver, your first purchase can be a 1 kilogram
2:12
silver bar. Don't get carried away and
2:14
instantly buy 15 kilos of silver bullion.
2:18
All right, remember to follow Duge.
2:19
For the latest Tree Bay Golden Silver.
2:21
Hello, Gugge. OK, we will certainly do that.
2:24
But what's super interesting about what he's saying are 15
2:28
kilogram bars. If my math is correct, that's
2:32
about 500 ounces of silver. That's a darn big bar.
2:35
They call them plates in China, but apparently there's massive
2:39
demand, massive premiums being paid for these big bars.
2:43
We talked about this yesterday in the United States.
2:46
Some of the big online bullion dealers were sold out of 1000 oz
2:50
bars. What does that tell us?
2:52
That's not retail, guys. That's not us.
2:56
I don't own 1000 oz silver bar. You probably don't either.
2:59
Maybe you do. If you do, congratulations.
3:02
Those are big investors. That's industrial demand and big
3:06
investors sucking up all the silver.
3:09
It's happening here. It's happening in China.
3:11
And we got a ton more to talk about, about this, this scramble
3:14
that's going on. Even Bloom, Bloomberg, Bloomberg
3:19
is reporting it. Let's look at their headline.
3:24
Here we go from Weimar silver Baron.
3:26
China is using silver as an economic weapon.
3:32
What that means for investors and prices from Bloomberg OK,
3:37
synopsis of their article. I looked it up.
3:39
China is restricting silver exports.
3:42
We know that requiring government approval for for
3:44
refiners to export and has set qualification thresholds that
3:49
will keep most current exporters from exporting.
3:52
This is from Bloomberg, OK China keeping their exporters from
3:57
exporting. What's interesting here, China's
4:00
new export license regime means 60 to 70% of the globally traded
4:07
refined silver supply will now require Beijing's permission to
4:12
leave the country, giving China control over the metal.
4:17
I'm tempted to repeat that guys, but basically China now controls
4:22
60 to 70%. They're limiting 60 to 70% of
4:26
the globally traded refined silver.
4:29
Let that sink in. China's restriction on silver
4:31
exports is seen as a strategic move to control the metal, which
4:36
is crucial for the clean energy transition.
4:38
And Western manufacturers may need to negotiate with Beijing
4:43
to access the metal. And this.
4:46
Why is this so important? Couple, hold on here, hold on,
4:51
hold on. I think I lost you.
4:52
But now we're back. Hopefully we're still alive.
4:55
So much breaking, so much going on.
4:58
But it's a big deal because that's what we talked about, the
5:02
physical price, the physical demand for, for silver is now
5:06
overtaking, nullifying, right, taking the lead, determining
5:11
where the silver price goes over the paper, the COMEX in the
5:15
United States and the LBMA in London, England.
5:19
And we feel so bad for those guys at the COMEX in the LBMA,
5:23
right earlier today. And we're going to look at this
5:25
in a second. We're going to look at it right
5:28
now, right? The the Beijing silver price,
5:31
the Shanghai Gold Exchange silver price was like at $82 and
5:34
the price was still at like 7270370475. the United States,
5:39
what we're seeing today, right? And we're going to look at it
5:42
here in a second is that the actual actually now the Shanghai
5:46
Gold Exchange, and we've talked about this, that it's sucking
5:50
the price of the Comex and the LBMA up to their level because
5:55
they are taking over. Let's run out and take a quick
5:58
look at the data. Here it is from our friend.
6:01
The Oriental Ghost puts it out everyday.
6:04
We love it. For those of you who are new
6:06
because we have a lot of new people coming into the silver
6:10
world, this is the Shanghai Gold Exchange, the SGE, which is
6:15
their physical market. The the SHFE is the futures
6:19
exchange. We don't pay too close attention
6:21
to that, but here we go. AG, which is silver on the
6:25
Shanghai Gold Exchange closed at almost $82.81, 62 last night.
6:32
It is now sucking the paper price up toward it.
6:36
We talked about this several weeks past when the when the the
6:40
difference between the Shanghai Gold Exchange in the Western
6:44
COMEX and LBMA, it wasn't that much.
6:47
And and at that point, what we said was that now, right, the
6:50
COMEX and the LBMA are forced to more follow what's going on, on
6:54
the SGE. That's my theory, right.
6:57
And if what we're seeing today holds true, that is what is
7:01
happening. I will stand by that.
7:04
Let's look one more thing here, that's the Shanghai Gold
7:07
Exchange and on the Shanghai Futures Exchange, wow.
7:13
So they're in backwardation, as you can see up here, right,
7:16
8162, the spot price is actually not huge backwardation, but
7:21
higher than the futures price. This futures price, which I've
7:25
double circled, should be higher than the spot price.
7:29
This is an unusual market, which means people are willing to pay
7:33
a premium to get their hands on hold on here on silver right now
7:39
as opposed to wait for the futures market to catch up.
7:42
Let's go out and look at the spot price in the USA.
7:45
This is from Kitco. As you can see, we're up three
7:50
$8176.70 in the spot price in the US and in the futures price
7:59
$76.60. This is the March contract for
8:04
silver up $5.55 triple nickel. Let's look here 7657.
8:11
Wow. So we are, we are about equal in
8:14
the West between the spot price and the futures price again,
8:20
right. The futures price should be
8:21
higher. We're not at we're like right in
8:23
equilibrium. We're not in contango, which is
8:26
the normal market condition, right where the spot price is
8:30
lower than the futures price and we're not in backwardation,
8:34
right where the spot price is higher.
8:35
We're right in the middle where we are in a state of what we in
8:38
the basement called backward tango and it, but it really
8:44
should be that the futures price is much higher.
8:46
OK, let's keep going. So let's go update #2 from our
8:50
friend Joe Kwan. I can't pronounce his name from
8:53
China cuz he put out another update this morning and see if
8:57
we can get this pulled up. Here we go.
8:59
I believe this was also from yes, King Kong 9888.
9:04
I believe these are coming from Chinese social media.
9:08
This one is again 46 seconds long and we get to watch.
9:11
Didn't I tell you yesterday? Don't just casually sell the
9:14
silver plates and boss you hold. Don't listen to what some people
9:16
say like you must, you must, you must sell it.
9:19
Sell. It now I've already.
9:20
Told you those in the same trade are buying back silver bars and
9:23
silver scrap from each other at high prices.
9:25
So do you think Jewelers who've been in the business for over 10
9:27
years are foolish? That's impossible, right?
9:30
So everyone, HR, you are one, make sure you've had a good meal
9:33
today. And also regarding the Tree Bay
9:35
market today, I really feel that the higher the price climbs, the
9:37
more everyone seems to be buying and rushing to snatch things up.
9:39
So I strongly advise everyone to remain rational.
9:41
Please, if it's your very first purchase, just buy one piece
9:44
just to get a feel for it. Don't buy too much.
9:46
And especially please don't go buying those 15 kilograms silver
9:48
slaps. All right, Do you hear me?
9:50
OK, remember to follow Joe Kwan for real time gold and silver
9:53
market. Follow Joe Kwan and he is
9:56
reporting, as I understand it, from the Shoe Bay market, which
9:59
is a huge precious metals market.
10:01
We've looked at footage from there in the past in China.
10:04
But I like what he says and I say the same thing.
10:06
Remember, guys, I'm not a financial advisor.
10:09
I tell you what I believe what I love, which are gold and silver,
10:13
but always, please, please, please be, be responsible, OK,
10:16
But it's not just China. We got some word on the street.
10:19
I did some digging. Like what's going on in that
10:21
other, you know, that other country north of the United
10:24
States of America? And a lot of you basement
10:26
dwellers are from Canada. Welcome to our Canadian friends.
10:29
But apparently you can't find any silver in Canada.
10:33
Take a look at this. OK, We're going to look at a
10:36
couple parts of this is very interesting.
10:38
Daniel said we can't even get any here in Canada.
10:42
He's talking about silver because here he was responding
10:46
to this, which shows that JM Bullion silver bars are in very
10:50
short supply. So he says we can't get any of
10:54
this in Canada anymore at all. All the banks, Costco websites
11:01
are all sold out completely or on back order until February.
11:08
And then this guy says his TD sold out already, blah, blah,
11:11
blah. He says all gone.
11:13
OK. It says, yes, you can try Kitco.
11:15
We talked about this yet, but in Canada, apparently it's becoming
11:18
even harder to get your hands on silver.
11:21
I'm still not going to say sensationalize this and say
11:24
there's a silver shortage. We're going to have a silver
11:26
squeeze. No, it's even better this time.
11:31
And I'll tell you, there's a big reason why this is better.
11:33
Yes, the silver retail silver market is definitely under a
11:37
little stress, sheep warning noise.
11:40
OK, because the sheeple haven't shown up yet.
11:43
The the sheeple, right? The other 98% of people out
11:49
there retail, we're just now starting to wake up.
11:52
I was at my local coin shop on Saturday over the weekend.
11:55
It was crazy busy, I'll put it that way, OK.
11:58
But the fact that we don't have a retail silver shortage is
12:01
actually really, really good. Again, it it reinforces the fact
12:06
that this is a global silver scramble and it's happening on a
12:11
much larger scale than just retail.
12:14
Look, I'm not putting you or me down, OK?
12:16
But the reality is, guys, we don't control the silver price.
12:20
The big players control the silver price.
12:23
And all the data is telling us that the big players, right, are
12:27
making big, big moves in the world of silver and gold for
12:32
that matter, as well. When the retail side, the retail
12:35
will be like the little, you know when you're playing a video
12:37
game and you get like 3-3 times you can press the turbo button.
12:41
Well, that's going to be like the turbo button, right?
12:43
When the herd of sheeple join the party, it's going to be
12:47
absolutely crazy. Next we're going to talk about
12:50
being able to print silver. Really.
12:53
Is it possible? Before we do that, if you want
12:55
some non printed silver and you want some real silver, I'm going
12:59
to show you this. It's a Buffalo round from
13:02
channel sponsor First Mint. I absolutely love this round.
13:06
Look at that Buffalo. I like looking at it from the
13:08
side even, I mean, if the lights right and you can, I have this
13:12
sitting on my desk and there's an Indian, Indian face on the
13:16
other side. It's absolutely beautiful.
13:18
First Mint right there. They're owned by First Majestic
13:21
silver. They mine the silver in Mexico.
13:25
It goes to Las Vegas, NV to 1st Mint facilities were transformed
13:29
into world class silver bullion products.
13:32
And then where does it go? It doesn't go to the LBMA.
13:36
It does not go to the COMEX. It goes directly to you from the
13:39
mind to the meant to you overwhelming crazy positive
13:44
response from everyone in our community who's who's given a
13:48
first Mint a try. It's really is a premium retail
13:51
experience. You can learn more about them at
13:53
first mint.com. This is kind of funny, but this
13:57
is also very powerful. This next piece that I'm going
14:00
to show you right now. So take it deep breath, take
14:03
your blood pressure medicine. We've got a breaking picture of
14:06
Jerome Powell and there's a big message in this from Make Gold.
14:11
Great. Hold on, let me pull it up on
14:13
full screen for you. Here we go.
14:17
Hello, Darkness. My old friend and I got either.
14:22
I have a soft spot for Jerome Powell, but nonetheless, there
14:26
he is trying to print silver on a Xerox machine and he has a
14:31
very concerned look on his face. Guys, the powerful message in
14:35
this is we got to remember they can print dollars, they can
14:39
print Fiat money till the sun goes down, whatever they want to
14:42
do, but they can't print silver. It is so simple.
14:46
We won't go deep into this, but just for fun, we'll do a quick
14:50
review, right? The demand for silver is far
14:53
outweighing the supply that's being brought to market every
14:56
single year from the mining sector and the recycling sector
15:01
combined. We are borrowing silver every
15:04
year for what, 6 years straight now?
15:06
Five years straight, right from the my dad, when I was a kid, my
15:10
dad used to hide money and he called his rat hole money,
15:13
right? We're we're borrowing silver
15:15
from the rainy day fund. Well, guess what, have you
15:19
thought about it? Rainy day funds don't last
15:21
forever, right? And now that the physical market
15:24
is overwhelming the paper market because poor Jerome, he looks
15:28
sad. He just found out he can't print
15:30
silver. We are in a new paradigm for
15:34
silver and also for gold as well, because all this always
15:38
holds holds true to gold as well.
15:40
All right, next we're going to talk about $200 silver.
15:43
Yes, but this guy's had a real real knack for being accurate
15:48
with his prediction. So we're going to pay attention
15:51
and look at his chart. Before we do that, we're talking
15:53
about gold. My other channel sponsor first
15:56
mining gold, the stock I own long before they sponsored my
16:00
channel development stage Gold company in Canada, 2 huge multi
16:05
million ounce projects, spring pull in Ontario, du Parque in
16:09
Quebec, millions of Oz of gold in the ground.
16:12
They're working through the Catalyst Rich developed stage
16:16
and there are not many big development stage projects left
16:20
in Canada. More and more, right, we're
16:23
talking about this, the scramble around the world of countries
16:27
wanting to, to are fighting over resources, right?
16:31
Jurisdiction where deposits are, are mattering, are mattering
16:35
more and more. You learn more about first
16:38
mining gold at firstmininggold.com.
16:41
Let's talk about $200 silver. Then we're going to talk about
16:44
this big mad scramble going on. And I got a warrant warning for
16:48
you as well about gold and silver.
16:52
But let's start here. Let's go out and see what Rashad
16:55
is up to now. And I, I love following Rashad
16:59
and I happen to agree with him. He says it right here.
17:03
I expect silver initially to run into into the triple digit area
17:08
around 114 to 120 per oz and it's he's predicting this could
17:13
happen soon, which is going to be a shocker for most senior
17:18
silver miners could push around the 120 level along with silver.
17:22
Then I expect a scary pullback in silver back to under $100.
17:29
Whoa. Which should take the SIL which
17:33
is the silver miners ETF a lower for a retest of the 2011 high.
17:38
If one survives the pullback then he she has a chance to ride
17:43
the wave in silver up to $200 plus.
17:47
OK, and I, I love his chart. Hold on, let's pull it up here.
17:54
But what I really like the most about this chart and about this
17:58
prediction is you can see what I'm circling in the lower right
18:01
corner. That is right here.
18:03
That is December 2027. What he's talking about is this
18:08
move here. That could happen very soon,
18:11
right? To get Silver up to this $100
18:14
range that I have circled right there, a scary pullback and then
18:18
another blast upwards into the $200 range.
18:23
But all of that, he's speculating, right?
18:27
Again, guys, be careful and I got a warning for you later, but
18:31
he's speculating. This could all happen by the end
18:35
of 2027, so we'll keep a close eye on that.
18:39
Do we think that silver can go that high?
18:43
Well, you know, just remember my fellow basement dwellers, it was
18:47
just a year ago when silver was in the 25 to $35 range that that
18:52
we talked about 7070 five $80 silver.
18:56
People laughed at us, people scoffed at us.
18:59
OK. And now we've got more and more
19:02
people. Unbelievable amount of snap live
19:04
stream over 1000 people. Hey, thank you for being here.
19:07
Those of you who are new, please subscribe to the channel and
19:10
turn the bell on. It would be much appreciated
19:13
stairs Susie, my wife says thank you to you as well.
19:16
And OK, let's let's move on. We got we had a call.
19:20
This was just something interesting.
19:22
People are really roasting him for this.
19:24
But Robert Kiyosaki last night said that he predicted that
19:28
silver could open at $100 today and go to all time highs.
19:33
What do you think? OK, went as crazy as that may
19:37
seem and sound, you know, with what's going on in the the fact
19:42
that there is massive, massive stress.
19:45
Hold on. Hopefully we're still alive.
19:50
Are we here? Yeah, we're here.
19:51
I see you. Thank you.
19:52
Massive stress right now in the paper markets, we cannot rule
19:59
anything, anything out. OK, So the Venezuela situation,
20:03
guys, let's be real here, OK? Not political, not and not make
20:08
any kind of political statement, but I believe, and I'll be
20:10
curious how you feel about this, that what we saw over the
20:14
weekend is only going to increase geopolitical tensions
20:19
around the world. OK, The world, parts of the
20:22
world aren't happy about what went on.
20:24
I'm not saying anything pro or con, not political at all.
20:28
But the reality is that there's some people around the world who
20:32
are upset it's increased geopolitical tension.
20:35
And guess what? When geopolitical tension
20:37
increases, people run to safe haven assets.
20:41
Is there a safe haven asset out there that's better than gold
20:45
and silver? It's only they've only been
20:47
around for thousands of years. They've held their value.
20:50
They've been a safe harbor during times of geopolitical
20:54
tension for not hundreds, not even 1000, but thousands of
20:59
years, and it's igniting A worldwide scramble.
21:02
I've got a couple interesting things we're going to look at
21:05
right now that indicate to us that there's a worldwide
21:09
scramble for resources. Some people speculate that maybe
21:13
even the situation with Venezuela was at least partially
21:18
motivated by the fact that we wanted some of their resources.
21:22
I'm not going to cast any judgement on that.
21:24
But there's more that we're getting from around the world in
21:27
this regard as well. Big breaking news out of
21:30
Indonesia. OK, here we go.
21:33
Gold Telegraph. And this is actually is reported
21:35
by Bloomberg. I'll show you in one second.
21:38
Indonesia seizes 10 million acres, 10 million of mining
21:46
concessions, plantations and processing facilities.
21:50
Gold Telegraph says the scramble for resources is very real.
21:56
This is why, like we talked about earlier, jurisdiction is
22:00
key. All right?
22:01
And here's the source right here from Bloomberg.
22:04
It says on the here it is from bloomberg.com.
22:07
Indonesia Titan's grip on resources with a Switzerland
22:11
sized land grab. OK, we've got a worldwide
22:17
scramble for resources and we have a world that is
22:21
experiencing geopolitical tension like no other time.
22:24
But then we come back to the United States and what's going
22:28
on here. We know, we know that the United
22:31
States is in the process of, of establishing silver as part of
22:36
the critical minerals list, which we've been, we've been
22:39
yelling about for decades. Should be the case.
22:42
Now everybody wakes up. Now the United States is waking
22:46
up and saying we need our resources.
22:48
Look at this. Hold on.
22:50
This came from, I believe, Vince Lancy.
22:52
Yeah. The United States secures A
22:57
smelter deal to process Latin American metals financed by no
23:02
other than our good friends at JP Morgan and jointly owned by
23:07
the United States government Department of Defense.
23:11
Under the plan, the US Department of Defense will hold
23:15
a 40% stake in the JP Morgan Finance smelter joint venture.
23:21
We'll read just the first part. Koreas Inc plans 7.4 billion
23:25
investment to construct a large scale non ferrous metal smelter
23:30
in Clarksville, Tennessee, a project that U.S. officials say
23:34
will materially expand domestic critical minerals process
23:39
capacity and strengthen supply chain security.
23:44
This is what's happening all around the world right now.
23:48
But when we look at silver, there's a big key take away
23:52
here. It's going to take many years,
23:55
right, for new refining capacity.
23:58
Remember, China now controls 60 to 70%, according to Bloomberg,
24:03
of the world's refined silver. And they put a little thing
24:06
called an export control on it, which is the same playbook they
24:10
used with the rare earth metals. OK.
24:13
Now suddenly everybody's waking up and like, we need these
24:16
metals. We need these metals.
24:17
Oh, my gosh. Well, silver and particular,
24:20
here's the fact, nobody's been exploring for silver, nobody's
24:24
been building or developing new silver mines, just a handful of
24:28
companies. It's going to take a long, long
24:31
time. And the good news, the take away
24:34
for you, and this is right again, no crystal ball, but
24:39
we're not talking about July of this year that there's going to
24:44
be a bunch of new expanded silver refining capacity or a
24:49
bunch of new silver. It takes years.
24:52
Some people say as long as a decade to get through that whole
24:56
process. Even if they super speed it up
24:59
right like they did with the stuff that happened during the
25:02
C-19 crisis, it's still going to take forever.
25:05
So the big the good thing is what I see as silver and even
25:10
gold investors is the world scrambles for gold, right, is
25:13
that we've got this window of time where there's going to be
25:19
continued way more demand for these metals than supply that
25:24
can be provided from the mining sector and the other critical
25:29
component now the refining sector.
25:31
Think about it, OK, it to me, it looks really, really, really
25:35
cool. Warning, time, warning, warning,
25:38
warning, warning, warning. I'm not a financial advisor.
25:42
I speak my truth, what I believe in when it comes to precious
25:44
metals. I can say this, please with
25:47
silver in particular, be prepared.
25:50
The silver price can be volatile.
25:52
We've got some top analysts upstairs.
25:55
Susie was, was walkie-talkie to me right before we went on
25:58
saying that we could pull back to $55, maybe even $50 at some
26:03
point. OK.
26:04
I, I, I do not have, I, I like to look out and I think you do
26:07
too over a longer time frame, which I think will be very good.
26:11
The warning I have for you is if, if you're going to be in
26:15
silver in particular, just be careful, be responsible, avoid
26:20
leverage, meaning avoid borrowing money to buy metals,
26:24
borrowing money to buy stocks, options, futures, any of that
26:27
stuff. You do whatever you want.
26:29
I'm just giving you my warning, right, because we can have big
26:32
price moves. I like any of the silver that I
26:35
bought that I store off site, I always bought as a like a
26:39
generational investment. I've never sold an ounce of
26:41
silver in my life. I've used money that I don't
26:44
think I'm going to need for anything immediately or I had in
26:47
dollar cost average. The same goes if you decide to
26:50
sell some metals. OK, just my opinion, just my
26:54
theory, right? But just like you, it's a it's
26:56
usually something to consider dollar cost averaging and you
27:00
can also dollar cost average out and have a plan if you do
27:04
decide, right. I'm not recommending it.
27:10
I mean, who could who would want to get rid of that?
27:12
That is so beautiful. That's the Indian, the Indians
27:16
at the backside of that Buffalo round.
27:19
I love It sits on my desk and when I look at it an angle, it's
27:22
like 3D. It's very cool.
27:24
But if you do decide and everybody's free to do whatever
27:27
they want, right? Nope.
27:29
Nope. No worries.
27:30
I understand. But have a plan what you're
27:32
going to do if you're going to convert silver into Fiat into
27:35
paper. Just my thoughts.
27:38
You might want to consider like reinvesting into something else
27:41
that's real. I don't know, land real estate,
27:43
pay off your mortgage, pay off credit card debt.
27:46
I will give that advice. If you got credit card debt and
27:49
you own some metals, you may want to consider paying off some
27:52
credit card debt because if things go hyperinflation, land
27:56
credit card interest rates are adjustable.
27:58
They can go hyper high as well. All right, nothing that you
28:01
didn't ask for my advice or theories on things.
28:07
I know one thing's not a theory, right?
28:09
And that's that it's a big deal. We appreciate when you join us
28:12
down here in the basement. Thank you for being here.
28:14
Please subscribe to the channel. Thumbs up.
28:17
Most important, have a good rest of your day and I'm going to
28:20
look forward to seeing you. Yes, you next time.