Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 💥 WARNING! 💥 $60 or $300 Silver... Hear Which to Expect NEXT - (Fed & Gold NEWS too)
Transcript
- 0:00Are we in for $60.00 silver or $300 silver?
- 0:05What about the crazy sentiment right now in the precious metal
- 0:09sector? Have you seen doom and gloom
- 0:10like I have? We're going to talk about that.
- 0:13We also have some very exciting news about a company buying
- 0:17silver as a treasury. Like instead of having cash,
- 0:21they're going to own silver. Probably one of the biggest
- 0:24stories that nobody's talking about.
- 0:25Oh, and by the way, is the Comex collapsing?
- 0:29We're going to hit on that one. Another massive story and yet
- 0:33another person calling for silver to go above $300.
- 0:37First, a couple warnings. We talked about many times the
- 0:41critical $72.50 level in silver. We did dip below that yesterday.
- 0:48We're back above today. You know, let's go take a look
- 0:50at the silver price right now and then I've got another
- 0:54warning for you. But yeah, hey, we're doing good.
- 0:57We're up over $2.00 per oz in the spot market at $73.49 gold,
- 1:05$4600 per oz. Look, guys, I know and we're
- 1:11going to get into sentiment here and the reasons why actually
- 1:15this horrible sentiment that we're experiencing right now in
- 1:18the precious metal sector could actually be a good thing.
- 1:21And look, I'm not just being Pollyanna.
- 1:23We got real data that will show us that to be the case.
- 1:26But the excuse me warning I have for you is please, when you're
- 1:32making decisions about precious metals, try to try to get
- 1:36emotions out of it. I know that that like the last
- 1:39few weeks have been pretty or the last week when we went from
- 1:42eighty $8283 down to 71 dollars are painful.
- 1:47And on the other side of the equation, we have big updates.
- 1:50It's a lot of fun. Hey, we're having fun today,
- 1:52right? But as you're making decisions,
- 1:55I'll never tell you to buy or sell anything.
- 1:58But the what I will tell you is please always try to remove
- 2:02emotion from decisions. It's a fact that anytime anyone
- 2:06makes financial type decisions based on emotion, they typically
- 2:10don't turn out real well. Let's see what Doctor Potassium
- 2:14have a little fun here tells us to do when it comes to silver.
- 2:18Got to love Doctor Potassium. This is short but powerful.
- 2:21He says medals down, excuse me, buy silver and take a hike.
- 2:27Metals up, buy silver and take a hike.
- 2:30It's easy and you don't have to know anything right?
- 2:34Like the and we've talked about this and many of you are in the
- 2:36same page. I am to me, silver, the long
- 2:40term prospects, it's generational wealth is the way I
- 2:43look at it now everybody's different.
- 2:45Maybe you're trying to trade whatever you're doing, that's up
- 2:48to you. But for me, any money that I put
- 2:50in the silver or gold for that matter, I look at it as money
- 2:55that I hope to someday value, real value that I hope to be
- 2:59able to pass on to my kids. All right.
- 3:02Whoa. Big story.
- 3:03This was huge. Vince Lancy, as far as I know,
- 3:06broke this story. A company buying silver as part
- 3:10of their treasury management program.
- 3:13What's treasury management? Every company has to manage
- 3:16their treasury, their bank account.
- 3:18And traditionally, that's just what it was.
- 3:21The cash the companies would have they would put into bank
- 3:24accounts. They might put it in money
- 3:26market accounts, U.S. Treasuries, whatever.
- 3:29But now we're starting to see companies move part of their
- 3:33treasury into silver. Get a hold of this.
- 3:36Think I got a little clip for you to share from Vents.
- 3:39Yes, I do Silver trade broke this story.
- 3:42This should be huge news in the silver community.
- 3:47This is the beginning of a trend.
- 3:49Silver as a treasury holding is a game changer 2 years into the
- 3:54Bitcoin treasury concept. Because remember there were
- 3:57companies that started buying Bitcoin instead of holding cash,
- 4:01they were buying Bitcoin. Now we've got companies doing it
- 4:04with silver. Let's listen to Vince.
- 4:06He's one of the smartest, most respected minds out there and
- 4:10see what he thinks about this. When corporations are allowed to
- 4:12own Bitcoin and they buy Bitcoin on the treasury balance sheet,
- 4:15you're going to to see more and more Bitcoin people.
- 4:17Well, here we are probably 2 years into that concept, into
- 4:20that meme. And now a company is buying a
- 4:22silver with an idea to buy rare earths as well.
- 4:26And they have blockchain technology and they have data
- 4:28mining. So the canard that gold is heavy
- 4:31or silver is bulky doesn't work anymore when you have a
- 4:33situation where you have blockchain verifying custody and
- 4:38you have distribution networks decentralized from D5.
- 4:41So there you have it. This should be this should be
- 4:43really big news in the silver community, but it's not yet when
- 4:46someone else reports it on the mainstream media, maybe it'll
- 4:49maybe it'll get some attention. But in the meantime, we're
- 4:51telling you that no matter how small the dollar amount is, no
- 4:54matter how important or marginal the company is doing it, it's
- 4:58the beginning of a trend. And the trend is that you can
- 5:00own real assets as treasury assets.
- 5:02Now think about it. If you're a company that is a
- 5:04hyperscaler, A legitimate hyperscaler and you're going to
- 5:06be building data centers, you're going to be doing data mining.
- 5:09And let's say you have. OK, so there you have it, guys.
- 5:13Think about it this way. It's not that much unlike you or
- 5:16me, right? I mean, we're talking about
- 5:18companies managing their cash. It's kind of like you or I,
- 5:22right? We could keep all of our money
- 5:24in a bank account, but some of us choose to store some of our
- 5:28liquid money to convert some of our paper dollars like these,
- 5:34the old paper dollar into real metal.
- 5:38And that's exactly what companies are doing.
- 5:40This could be a huge, huge, huge, massive trend like Vince
- 5:44just said. And and something that we're
- 5:47going to keep is probably one of the, if you ever noticed that in
- 5:49life, right, a lot of the biggest stories kind of get
- 5:53ignored at first. This could be a massive, massive
- 5:56story in the precious metals sector.
- 5:59And here one more way to look at it.
- 6:01It was actually covered by bar chart.
- 6:06And here's the actual press release.
- 6:08Hyperscale, an artificial intelligent data center company
- 6:13anchored by Bitcoin, today announced its wholly owned
- 6:17subsidiary, Alt Global Commodities Inc has completed
- 6:20its first purchase of physical silver, acquiring 10,000 ounces
- 6:25of .999 fine silver. And I did some more research on
- 6:30this. Right now they actually have
- 6:33they actually have plans to buy up to in their first round up to
- 6:39100,000 ounces of silver. Think about this.
- 6:42I mean that's, that's actually not insignificant.
- 6:45That's a 10% of 1,000,000 and there's only what 800 million
- 6:50ounces of silver created in the world every day.
- 6:53And again, these companies are going to wise up and start
- 6:57looking at it like you and I do when we know some companies hold
- 7:00gold on their balance sheet as part of their treasury, Soon
- 7:03they're going to be buying silver as well.
- 7:05And on top of that, think about the tokenization of silver.
- 7:09I'm telling you that will be one of the biggest drivers in the
- 7:13next 5 to 10 years, the treasury management side of silver that
- 7:18we just talked about, coupled with tokenization of silver, not
- 7:22digital silver. We're talking about real
- 7:25physical silver in a vault. OK, that's represented by what?
- 7:30Each oz is represented by 1 token that is the future,
- 7:35whether or not you agree with blockchain technology.
- 7:37It's not digital silver, it's not a cryptocurrency, OK, it's
- 7:42real tokenized real world asset where 1 token represents 1 ounce
- 7:47of silver. And and not unlike with your
- 7:50bank account, most of us have have bank accounts, right?
- 7:52What's a digital number on our phone on the app that's not even
- 7:57backed up by real physical dollar.
- 7:59So anyway, I digress. I'm super excited about this is
- 8:03the the world evolves, the silver evolves and more and more
- 8:06companies potentially start to put silver on their balance
- 8:09sheet incorporated into their treasury management system.
- 8:13The future looks super bright. Hey, there's a big sale right
- 8:17now. It channel sponsor first meant I
- 8:19actually just got back late last night and I'm sick from a trip
- 8:23to Las Vegas, but I visited the first meant a facility in Las
- 8:27Vegas, NV. It was incredible guys, and I
- 8:31saw how these rounds are made. I saw the care, the
- 8:34professionalism of everyone at their very impressive facility.
- 8:38But let's go out to 1st Mint because they are having a
- 8:42special sale right now. There it is, $2 off on one
- 8:47ounce. Let's go back to that $2 off on
- 8:50one ounce silver rounds and the prices that are shown already
- 8:55have the discount included. So you can go to their store,
- 8:59you can go to rounds and click on rounds and see everything
- 9:03they have to offer the Buffalo round.
- 9:05And again, those prices already reflect the $2 off the Las Vegas
- 9:09round, the Dragon round, the lunar horse and the lunar snake.
- 9:16And I you may, I'm not sure if you, I'm pretty sure you'll be
- 9:19able to. We have a discount code
- 9:22especially for our community VIPRB.
- 9:26Try using that as well. And you're going to get some top
- 9:29notch silver from First Mint at a great price.
- 9:32And I'll say it every time I do a live stream, the best thing
- 9:36about being us being sponsored by First Mint is the positive
- 9:40feedback that you, the basement dweller community have given
- 9:44Susie and I based upon your experiences with First Mint.
- 9:48They are a first class organization, really a premier
- 9:52premium retail silver buying experience.
- 9:55OK, let's talk about sentiment. Have you noticed right
- 9:59sentiment. Everybody's, everybody in
- 10:01precious metals is down and out, OK, everybody's talking about
- 10:05it. Everybody knows what's going on.
- 10:07But there's something very interesting actually a big
- 10:10silver lining to the fact that recently we've had a a bit of
- 10:16challenge within the within the sentiment in precious metals.
- 10:20Let's go out there, Rashad, he talks about it first, but then
- 10:24we've got more to talk about that as well.
- 10:26He says with the terrible sentiment in the precious metals
- 10:30market, particularly after January and March 2026 dumps,
- 10:37most of the investors have given up on metals exactly at such
- 10:42extreme negativity and bearishness, Bull runs are born.
- 10:46Metals are getting very close for a stable in nice rally in my
- 10:51opinion in the very end of April and into early May.
- 10:55And guys, that's the way it works.
- 10:58I've been following these markets for 20 years.
- 11:00Sentiment does not just go straight up or straight down.
- 11:04Sentiment is always like a wave. And right now we're on the lower
- 11:09end right sentiment in the gold and silver sector.
- 11:11It's kind of like on the floor down here in the basement.
- 11:14Back in January, it was up on our near, near the roof on the
- 11:18second story of our house. But it always goes up and down.
- 11:22So the good thing is think about this, even with the negative
- 11:26sentiment that we've had in the pressure metal sector here for
- 11:29what feels like four or five weeks, the prices are still
- 11:33great. Like if we're if we are enduring
- 11:37this period of negative sentiment with silver for
- 11:40instance, and we're at $76 silver, think about what happens
- 11:45when the sentiment starts to improve.
- 11:48I can't, it could be absolutely incredible.
- 11:51And we're going to let's go get another perspective on this.
- 11:54This comes from curious Marco Lens.
- 12:01He said silver makes big targets look ridiculous.
- 12:05First, a few weeks ago, silver was trading near 83.
- 12:09Today, it's closer to 73. And compared with the January
- 12:13high of 121, the draw down feels even more brutal.
- 12:17That's why big silver targets sound almost ridiculous right
- 12:21now. But this is also how silver
- 12:24works. It does not give people a smooth
- 12:27path. It makes the bullish case feel
- 12:30very uncomfortable at first. Then when positioning in
- 12:34momentum shift, the same targets suddenly stop sounding
- 12:38impossible. JP Morgan sees silver ad
- 12:42averaging $81.00 in 2026. That's the calm forecast.
- 12:47Bank of America is outlined a 2026 bowl case of 135 all the
- 12:54way as high as $309. That's the upside scenario.
- 12:59OK, now and we're going to go, we're going to go in a little
- 13:02bit and we're going to hear from a new top analyst who's telling
- 13:06us about $300 plus silver. The 300 Club, I, I looked it up
- 13:12before I came on. Do you remember the 700 Club?
- 13:15I guess it was a religious radio show or something.
- 13:18Well, in silver we got the 300 Club.
- 13:21They skipped right over 200 and we've got Matt Pipenberg.
- 13:26He's like the man, and I've got a little clip we'll watch from
- 13:29him. He now also is talking about
- 13:32$300 silver. But before we do that, we're
- 13:35going to talk about the Comex, right?
- 13:37Big news out of the Comex is the Comex collapsing.
- 13:40We'll get to that. I do want to say thank you to
- 13:42Brixton Metals for sponsoring Ron's basement.
- 13:45Brixton is a Canadian metals exploration company.
- 13:48They've got 4 big exploration projects, all in Canada, in the
- 13:53United States. You can learn more about them at
- 13:55Brixton metals.com and our good friends at First Mining Gold,
- 14:00Canadian development stage Gold Company.
- 14:03They've got 2 huge multi million ounce development stage projects
- 14:07in Canada, Big gold in the ground in Canada working through
- 14:12the development process. You can learn more about them at
- 14:16firstmininggold.com. And don't forget, there aren't a
- 14:18lot of big multi million ounce development stage projects in
- 14:22Canada right now. Now let's talk about the COMEX,
- 14:26the big news. Everybody's talking about this.
- 14:29Let's cover it from a couple different angles.
- 14:31Rafi Farber was the first person that I saw talking about it.
- 14:35He said silver open interest is likely to break below 100,000
- 14:41contracts tonight for the first time since 2009.
- 14:46This was yesterday. For those who don't know what
- 14:48this means when when Jupiter aligns with Mars and something
- 14:53something the planets. This is the dawning of the age
- 14:57of silver. Long, beautiful silver hair.
- 15:00Now, we got a couple more pieces of data to consider when we look
- 15:04at this, but guys, this is a big, big deal, OK?
- 15:07It's like making major headlines within the silver community.
- 15:12Well, let's just go right to it. I believe this.
- 15:15This is the hold on. Yep, International Stacker, our
- 15:20friend says major breaking news. Comex Yep Yep comex Silver open
- 15:28interest just crashed to a 12 year low. 2 interesting points
- 15:33about this. Total open interest has
- 15:35collapsed the 99,000 contracts. This is the lowest I've ever
- 15:39seen one of the lowest levels since 2013 while paper traders.
- 15:45This is the key here paper traders run for the exit exits
- 15:50and open interest gets destroyed physical silver continues to get
- 15:55vacuumed up, especially in Asia. The comex vaults keep draining.
- 16:01OK, this is the big point guys. The paper market, the the
- 16:04electronic market is drying up and in the the smartest minds
- 16:09out there are pointing out that this is because the physical
- 16:13demand from the east is draining, is draining the the
- 16:18the paper markets. This is a big deal, OK, the
- 16:21comex is a sinking ship. This is the other key thing.
- 16:24Even after they just lowered margin rates, that was Friday of
- 16:28last week, they lowered margin rates to try to bring traders
- 16:32back in paper interest continues to collapse.
- 16:36This is a classic setup. The paper market dying plus
- 16:40physical demand roaring equals recipe for a violent move
- 16:45higher. So yes, the physical demand is
- 16:49taking over right. We've talked about this many
- 16:52times. The, the, the big rally that we
- 16:55had in 2025 was because of physical demand and the fact,
- 17:02right, that they lowered margin requirements on Friday and we're
- 17:06still hitting like like historic low levels of venture open
- 17:10interest on the COMEX. That's a big deal.
- 17:13OK, Is it going to die? I'm not saying it's going to
- 17:16collapse this week. No, nobody knows.
- 17:18Nobody knows. But most of the smartest minds
- 17:20out there saying that eventually the COMEX will fall apart.
- 17:24Last I heard there was like a 7 to 1 paper to physical in the
- 17:29futures market, 7 paper claims for each one out there.
- 17:33I don't know, we're going to keep a, a a very close look, but
- 17:38some are speculating that the traders are losing faith in this
- 17:43paper Comex market. We know, right, Even though it's
- 17:47come back a little bit, it's come in a little bit.
- 17:49But we know that the physical price for silver in China is
- 17:53significantly higher than the paper price in the United
- 17:57States. So we'll keep a close eye on it.
- 17:59Let's go to the 303 Hundred Club.
- 18:02This comes from Matt Pipenberg. He's with gold, silver
- 18:06Switzerland. He's like, he's like one of the
- 18:08rock stars of the precious metal sector.
- 18:11And now he is talking about the potential for $300 silver.
- 18:17Let's pull him up. He was with Jesse Day on
- 18:19Commodity Culture. We got a short clip to hear what
- 18:23Mr. Pipenberg thinks is going on in the silver market.
- 18:27It's about one minute long and I'll get the right screen on for
- 18:31you. There we go, here we are.
- 18:32Silver's going to outpace gold in that next bull run.
- 18:35It doesn't mean gold or silver go in a straight line.
- 18:39You can say silver's broke a lot of hearts, but if you bought it
- 18:41at 15 or 20 or 30, you know, or you're not entertained.
- 18:44Even with the pullbacks, if you are a long term investor, you're
- 18:46not the least bit worried. If you're a trader or trying to
- 18:48get out and get into mining, that's you have to call it.
- 18:50I think at some point. We always think of gold though
- 18:53as the ultimate preservation asset.
- 18:55And silver, as Egan says, can is not for widows and orphans.
- 18:57It can break hearts, but when you get to ratios, the gold,
- 19:01silver ratio, I think we're going to see new compression,
- 19:03new record compressions in the next real bull market in gold.
- 19:06And at some point, as we say, you'll make a very good return
- 19:10on silver. We don't like the price target
- 19:12because we're measuring that in Fiat currencies.
- 19:14You know, I'd rather measure silver and gold in how many
- 19:16barrels of oil it can buy, how much real estate it can buy, how
- 19:19much assets can buy. Not with the monetary prices in
- 19:21some Fiat currency, but $300 silver, $400.00 silver.
- 19:24These are exaggerations. If you're playing the long game
- 19:26and you're not trading, it's just a question of when, because
- 19:29the fundamentals for the monetary system and for paper
- 19:31currencies haven't changed. Wow, OK.
- 19:35I've always been a massive, massive fan of Matt Pipenberg.
- 19:39Couple key things that he said. If you bought silver at 1520 or
- 19:4330, no sweat, right? Some of you may have bought it.
- 19:46We're the higher than the prices now still long term.
- 19:50Trust me, I bought silver years ago sometimes at 30 seems like
- 19:5440 and I was down right in my mind for a year or two.
- 19:59But the fundamentals carried us through.
- 20:01And if you did buy 15 or 20, congratulations.
- 20:05He's talking about a new regime when it comes to the gold to
- 20:08silver ratio currently sitting around 60 to one.
- 20:12But the fact that that that that that ratio will be compressed, I
- 20:17mean, if we get to a a 30 to 1. Gosh, what is that?
- 20:21Hold on, if we had 30 to one, Let me get the calculator out
- 20:25here guys. If we're at $4500 gold, wow.
- 20:32If we had a 30 to one, wanted to make sure my math was correct.
- 20:36Gold to silver ratio right now, we would have $150.00 plus
- 20:41silver. And 30 to one, from a historical
- 20:45perspective, is still high. Yeah.
- 20:48I mean, you know, look, we're talking about gold and silver
- 20:51having a relationship to each other for thousands of years.
- 20:56This little blip that we've had since, you know, 1971 or even
- 21:00the last 100 years in the United States in the, in the, in the,
- 21:05in the within the context of thousands of years that gold and
- 21:08silver have had that relationship.
- 21:10That's really truly what it is, just a short blip in all that
- 21:14history. The other thing he talked about,
- 21:16this is critical for us. Come on, basement dwellers.
- 21:19By the way, on behalf of myself and upstairs, Susie, the one and
- 21:23only, thanks for joining us today.
- 21:25Please subscribe to the channel. But the other key thing that is
- 21:30critical for us to remember that we all make the mistake.
- 21:33I'm guilty, right? We, we, we tend to think of the
- 21:38value of gold and silver in terms of U.S. dollars.
- 21:43We price it in U.S. dollars. I've been showing you charts.
- 21:46We looked earlier at the price, but like Matthew said, the key
- 21:51thing is don't think of think of silver in relationship to
- 21:55barrels of oil or think of silver in relationship to real
- 22:00estate. That's the real key thing.
- 22:02That's the real right key comparison pricing silver in
- 22:09dollars is just a nominal number thing, right?
- 22:12Dollars weren't around 300 years ago, right?
- 22:15But other real assets were. Silver was around, gold was
- 22:20around. And you could trade silver for
- 22:23wheat, you could trade silver for land 300-500-3000 years ago.
- 22:29That's something that we, we and I understand because I do it.
- 22:33I'm as guilty as anybody else. But we think of gold and silver
- 22:36and Matthew talked about it, I think often erroneously in terms
- 22:41of U.S. dollars. And he says 300 to $400.00
- 22:44silver is not crazy, not out of the question.
- 22:47So we are going to officially now include Matt Pipe, Mike,
- 22:51Matthew Pipenberg in the 300 Club, not the 700 Club.
- 22:55We're the maybe we are a little religious about silver, but you
- 22:59get my point. So we have Michael Oliver,
- 23:02right, who's saying that we could get $300 silver by this
- 23:04summer. We got David Hunter, who's
- 23:07calling for 180 now, but then 304 hundred out in the future.
- 23:13Alistair McLeod, the the legend, James Anderson mentioned it the
- 23:18other day, Egon Van Geyers, Matthew Pipenberg, and I need
- 23:22the the add. Our friend Rashad is in there as
- 23:26well calling for extremely high silver prices.
- 23:30Guys, it's going to be a wild ride.
- 23:32Thanks for joining us down here in the basement today.
- 23:35I believe believe that we are in for some really great times in
- 23:39the precious metals market. But what makes it special is
- 23:42getting to do it with you down here in the basement.
- 23:46Take care of yourself and I'll see you.
- 23:48And yes, upstairs Susie, she's watching and I we see you.
- 23:52We'll see you soon. Bye bye.