Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER Investor⚡- YOU Ready for THIS - (RED Alert and News Update for Gold and Silver Price)
Transcript
- 0:01This is just one of the reasons why silver investors and gold
- 0:05investors can be wildly optimistic about the future.
- 0:08We're going to dig into this chart and we're going to dig
- 0:11into a lot, lot more because there's a lot going on in the
- 0:14world of precious metals right now.
- 0:17But first, thank you for joining me today here in the basement.
- 0:20It's a big deal when you're here.
- 0:22Please subscribe to the channel, give the video a thumbs up,
- 0:25share it with your friends and family, but most important, make
- 0:29yourself at home, right? We love to talk about silver and
- 0:31gold and let's dig into what I think are many, many reasons why
- 0:36we can continue to be wildly optimistic, in particular about
- 0:40silver. I believe we will see $60.00
- 0:44silver 66 zero by April 1st, 2026.
- 0:50And this is just one of the reasons Peter shared this chart
- 0:53recently on Kitco. This is the gold to silver ratio
- 0:59in that red line that you see on this chart that represents an 80
- 1:03to 1 gold to silver ratio. Guys, this goes all the way back
- 1:07to the 1970s. As you can see, most of the time
- 1:11the gold to silver ratio is below that.
- 1:14Now if we had an 80 to 1 gold to silver ratio right now, we'd be
- 1:18in the 40 to $45 per oz silver price.
- 1:23But I would argue we're going to draw a couple different lines on
- 1:27here that if we got to this level here, let's look at 70,
- 1:32this green line that we have on the chart right now, that does
- 1:36not seem out of the question when looking at this time frame.
- 1:40But even better, let's go with a blue line at 60 to 1.
- 1:48I mean that is really not out of the question when we look at a
- 1:5150 year time frame as well. But let's just say we get to 70
- 1:55to one at a 70 to 1 gold to silver ratio.
- 1:59Let's get the calculator out here.
- 2:01We would be at, we divide $3400 / 70.
- 2:08We'd be at $50 silver, $48 silver.
- 2:11So this is something that we're not talking about enough.
- 2:14Now we've got other interesting developments.
- 2:17We're going to go get a live update on the silver price and
- 2:20talk about 3 big key things that are happening right now with
- 2:24silver that we need to keep a close eye on.
- 2:27Oh, and by the way, I do have a big warning for you at the end
- 2:30of the video. But guys, this gold to silver
- 2:33ratio alone, right? It's like a rubber band that's
- 2:37been stretched just to get back to normal levels could propel
- 2:41the price of silver higher because we know the gold price
- 2:44isn't going much lower from here either.
- 2:47Let's go look at the silver chart right now.
- 2:50And again, thank you for being here.
- 2:51Thank you for being part of the basement.
- 2:53What a what an honor to have you down here with me.
- 2:56And let's pull this up and we're going to update this chart and
- 3:01see we were up a tiny bit on the silver price and now, OK, we're
- 3:08up 7 cents in the futures market here in silver.
- 3:12But what we want to look at is this.
- 3:15OK, we got three big things going on #1 this is the one year
- 3:19chart on the Silver chart critical and we are going to
- 3:24beat this for the next couple weeks because we really need to
- 3:28keep an eye on this. We had 123 attempts 1/2 and then
- 3:35right here recently 3 attempts to breakthrough $35 silver right
- 3:41there guys, this is critical in the these are massive weeks and
- 3:46months ahead of us. If we can stay above $35 during
- 3:50that time frame, that is that that makes an environment where
- 3:54we will be off to the races for silver.
- 3:57Why you might ask? Because nobody.
- 4:01And let's see if we can show this on a chart.
- 4:05Almost nobody, this shark goes all the way back to what, 2004?
- 4:12Nobody bought silver up here between 50 and 40.
- 4:19Just these people right here, everybody else bought silver
- 4:25down in this range. So we have built this massive,
- 4:28massive base. We've consolidated between $30
- 4:31and $35 over the last year. If we stay above $35, these
- 4:37people are gone. This section right here, they're
- 4:40goners, OK? They're that little what, month
- 4:44or two back in 2011, maybe 3-4 months where we had the silver
- 4:47price. Those people, they gave up.
- 4:49They probably forgot they even own silver.
- 4:52So the key here is that as we get above $3536, again, this is
- 4:58the first time we've been this high in 13 years.
- 5:00We don't have anybody. Everybody's in the money.
- 5:03Essentially. Everybody's up on their silver.
- 5:06Congratulations, right? Unless you're one of those
- 5:08people that bought back in 1980 when it popped up above or in
- 5:132011, right, you're up on your silver investment, you are in
- 5:18the green. You aren't thinking about
- 5:21selling because silver investors are very, very, very reluctant
- 5:27to ever, ever sell their silver. So we've got the strong base and
- 5:32we don't have a lot of people up there.
- 5:33Now. The other thing that we need to
- 5:35talk about was silver is just the general macro environment
- 5:41and we could not ask for a better macro environment for
- 5:45silver. I'm going to tell you all about
- 5:47that in one second, but first I want to say thank you to channel
- 5:50sponsor First Mint. They make our gold and silver
- 5:53broadcast possible. First Mint is a silver mint
- 5:56located in Las Vegas, NV. They're owned by First Majestic
- 6:00Silver, that's Keith Neumeyer's juggernaut silver mining
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- 6:11Majestic. I may have said First Men.
- 6:14If I did, I apologize. First Majestic silver mines in
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- 7:01shipping on orders over $199. So when we think about silver,
- 7:06right, we just looked at the charts, it looks good, right?
- 7:09But we think about these fundamental factors that are
- 7:14going to press the silver price up, it gets even more exciting.
- 7:18Guys, we are going to spend a lot of time talking about this,
- 7:21but let's go to the industrial demand quickly.
- 7:28Here we go. OK, so on this screen, this
- 7:33comes from the Silver Institute. This shows you supply and demand
- 7:39figures for silver going back all the way to 2015, all the way
- 7:45here to 2024. We know the industrial demand
- 7:49numbers are going through the roof, right?
- 7:53I mean, when you look at the the the the total demand industrial
- 7:58speaking down here right 560,000,588 million, 2020 two
- 8:06650,002,020 three 710 million, but that's not what gets me
- 8:12excited. We know that's there that's a
- 8:14big deal that will that will continue electronics all you
- 8:17know the whole story, right? What really gets me excited?
- 8:22Uh oh, I can't move here. There we go.
- 8:26Let's go down here. And there's two things on this
- 8:33chart right here. Let's draw a line.
- 8:39And that would be net physical investment #1 and #2 jewelry.
- 8:50OK, now so we know industrial demands going through the roof.
- 8:55I made a whole video about the fact that jewelry demand, which
- 8:58I had no idea as you can see last year, jewelry demand for
- 9:02silver for jewelry was over 200 million oz.
- 9:07And demand for silver jewelry is going up.
- 9:10I've spoken to Jewelers that I know the trend is the friend for
- 9:14demand for silver for jewelry, but this is the, the, the number
- 9:20we really need to look at net physical investment.
- 9:23OK, investor demand for silver has been pathetic lately.
- 9:28What back in 2020, let's see, this is 2423, this would be
- 9:342022. If I move the screen, it's going
- 9:37to move. But a couple times we had
- 9:39investor demand over 300 million oz.
- 9:43The last year we were at a pathetic 212 million ounces.
- 9:48However, however, while that may be perceived as a bad thing, and
- 9:54I get it, I understand, right? Investor demand is going down.
- 9:59The only way to go is up. OK, the the, the room for
- 10:02improvement in both silver jewelry and in investment demand
- 10:08these things, right? Investors buying silver rounds,
- 10:11silver eagles, silver bars. I think I have.
- 10:14I do keep a couple things around the house here, right?
- 10:17There's a 10 oz. Bar has been pretty pathetic.
- 10:22But the good news is the lining, if you don't mind me saying it
- 10:25is that there's so much room for improvement, OK?
- 10:29And we know industrial demand, it's not going anywhere.
- 10:33Even if it flatlines, we could see investor demand take off.
- 10:37We could continue to see this increased robust demand profile
- 10:42for silver jewelry as well. So we are still early and now
- 10:46quickly a big warning for all of us out there, OK?
- 10:50These are the big reasons why I want you to think about this,
- 10:53why you own silver and gold here.
- 10:55Just acute the, the few reasons why this financial crisis right,
- 11:00is that we're that we're going into is for real things that
- 11:03will support the price of gold and silver going forward.
- 11:07The ballooning debt, right, the US debt clock, we're approaching
- 11:10$37 trillion in debt, exploding interest cost.
- 11:16We've got a looming commercial real estate crisis in this
- 11:20country. All those commercial real estate
- 11:22loans that were taken out five years ago are coming due, are
- 11:26going to need to be refinanced at much higher rates, and the
- 11:30value of the commercial real estate that underlies it are
- 11:33going down. Now, another thing that nobody's
- 11:35talking about is the residential real estate market that exploded
- 11:39over the last three to four years and how that could create
- 11:42massive problems for the economy.
- 11:44Because you know what, people are cashing out on their houses,
- 11:47What do they call them? Helocs, HELOC, home equity,
- 11:51lines of credit. That's what people are living on
- 11:54now. They're cashing out their
- 11:55houses. So people are, are, are
- 11:57leveraging up their houses more and more.
- 11:59What's going to happen right when real estate prices go down?
- 12:04Because we know all the recent data shows us, right?
- 12:07There's a ton more houses on the market.
- 12:10I think 60% of real estate, residential real estate markets
- 12:14actually had a price decline in the last quarter, OK, The labor
- 12:21markets are weakening. Don't listen to what the Bureau
- 12:24of Labor and Statistics said on Friday, right?
- 12:27Remember, they go back and readjust the two previous months
- 12:30every time, OK? And the consumer is broke.
- 12:33What's the big thing right now? Buy now, pay later, right?
- 12:37Credit cards are maxed out. People are living beyond their
- 12:40means. So now people are resorting,
- 12:42right the cashing out their houses and buying things on buy
- 12:46now, pay later. The joke in the financial world,
- 12:49because those numbers aren't really tracked all that closely.
- 12:52It's not buy now, pay later. It's buy now pay never.
- 12:57I mean, guys, it's ugly out there.
- 13:00So the dollars decline, OK, which is happening right now.
- 13:04We're living through it is no mistake.
- 13:06The the value of silver and gold when you choose and it is a
- 13:10choice to value your silver and gold using the US dollar as the
- 13:15unit of measure using these things, right?
- 13:18We're all brainwashed. There it is, right.
- 13:21The paper dollar, when we use the paper dollar, is the unit of
- 13:25measure to measure the value of that an ounce of silver.
- 13:29Is it any wonder? Hold this, go here, you can do
- 13:31this at home. Everybody go get yourself one of
- 13:34these here paper dollars. Hold on to it tight because it
- 13:37might just fly away and get one of these right.
- 13:40These can be printed into Infinity and beyond this right
- 13:46This this actual piece of silver from first meant was mined by
- 13:50people toiling in mines in Mexico, working hard, hard
- 13:54working men and women. This can't just be created out
- 13:57of nothing right? This is a value battery.
- 14:01This is a piece of paper. Most of it's electronic.
- 14:04Oh, it'll fly away. So it's no wonder that the
- 14:07dollar is losing its value, everything that's going on.
- 14:11And look, it's not your fault. Not my fault our founding
- 14:14fathers are rolling over in their graves.
- 14:16I love my country. You can be a patriotic American
- 14:19and not be happy about what your leaders have done about the
- 14:22dollar. Put me in that camp.
- 14:24I don't know where you stand on that one.
- 14:25Before I forget, very important. Also, I want to thank First
- 14:30Mining Gold for also sponsoring Ron's basement gold and silver
- 14:34content. They're a gold mining
- 14:37development stage company with two huge projects, Millions of
- 14:41Oz in the ground in Canada, spring Poll in Ontario and
- 14:45Duparque located in Quebec. Oh, and by the way, they have
- 14:48another million ounce project, the Cameron project, also in
- 14:52Canada. They're moving these projects
- 14:54through the permitting phase. It's gold in the ground in
- 14:58Canada. Hundreds of millions of dollars
- 15:00were spent developing these resources.
- 15:03It's a company that I think very highly of, not a financial
- 15:06advisor, but if you're going to check out a gold development
- 15:10stage company, check out First Mining Gold.
- 15:12If you have any questions, reach out to
- 15:13paul.morristheirdirectorofinvestorrelationspaul@firstmininggold.com. One final warning, this one, I
- 15:22saved it for last because this just absolutely blew me away.
- 15:26I had no idea this was the case. the US Treasury market right
- 15:31now, right? The, the debt, the debt level
- 15:34that we have right now, the Treasury market is 6 times
- 15:38larger than before the 2008 financial crisis.
- 15:43Guys, the hens are coming home to roost.
- 15:46Silver and gold investors, when we look at the big picture, when
- 15:49we look at what's going on right now with the gold to silver
- 15:54ratio, OK, it's starting to come back into line.
- 15:58And remember, if we get to a 70 to 1 gold to silver ratio, which
- 16:02is very normal, very, very normal, and gold stays in the
- 16:073330430500, if it's $3500 gold and it's a 70 to 1 gold to
- 16:14silver ratio, right? That means it'll take 70 of
- 16:17these to get one ounce of gold. This, my friends, will be worth
- 16:22$50 each in the spot market. Think about it.
- 16:28It's absolutely crazy what's going on.
- 16:31We have broke out into new territory with silver.
- 16:35We have broke through the $35 ceiling.
- 16:39OK, this was the third attempt. Now if warning, if we go back
- 16:44down to $3332 per oz, $30 per oz, I don't think, do you think
- 16:49we're ever going to see a silver price with that starts with a 2
- 16:53again until we get to 200. I think 200's the next time
- 16:58we're going to see a silver price starting with two.
- 17:01But if we do right cuz anything's possible and then we
- 17:05have to go try to get through 35 again.
- 17:07That would be the fourth attempt to breakthrough a a top that
- 17:13that would be a quadruple top. Quadruple tops are almost
- 17:17statistically impossible, meaning that it that that that
- 17:21the price getting rejected on the fourth attempt just really
- 17:24couldn't happen because we're all in the money.
- 17:26Are you in the money on your silver?
- 17:28Are you most everybody is 99.9. I know you are.
- 17:33I am right. We everybody is in the money on
- 17:37their silver. Nobody is wanting to sell.
- 17:39There's, there's very few people and if you're one of them, hey,
- 17:44listen up, wake up, but you're not, there's very few people
- 17:48that are sitting around saying if silver hits $36 or if silver
- 17:54hits $38 or if silver hits $44, I'm going to sell.
- 17:59No, right. And now at this point, and
- 18:01that's when people we haven't even started think about this.
- 18:05We've not even had a taste. We've we, we're in an in an
- 18:09environment where the general public, excuse me, hasn't even
- 18:13begun to wake up to silver. When they do remember those
- 18:17investment level numbers we just looked at right investment and
- 18:21talk to your local coin shop, talk to your bullion dealer.
- 18:24Investment demand for silver the last few years has been
- 18:27pathetic. When that just gets back to
- 18:30normal or goes into the into like a a a reasonable range,
- 18:36when more and more people wake up, it's going to be Katie bar
- 18:40the door. OK, All right guys, thank you
- 18:42for being here. Thanks for joining me.
- 18:44Please remember, give this a thumbs up.
- 18:46Subscribe to the channel. I really appreciate when you
- 18:49come down here and spend some time with me when we get to talk
- 18:52about silver gold, non Fiat related investments.
- 18:57OK, and and and the last thing I'll say is this do your best.
- 19:01Excuse me, I should have muted the microphone.
- 19:04I apologize if I hurt your ears. Try to try to not think of this
- 19:09in terms of Fiat. Don't think of this is in terms
- 19:12of dollars. We all do.
- 19:14But really, this is an ounce of silver.
- 19:16This has been around for thousands of years.
- 19:18This was money before gold was money.
- 19:22This. In many languages around the
- 19:24world, the word silver is the same word they use for money.
- 19:29This will be valuable 1002 thousand, 5000 years ago.
- 19:35I don't know what we can say about this right now.
- 19:37Look after one final, final thing when it was this.
- 19:42This is always very interesting to me.
- 19:45This is not AUS dollar. This, if you look closely at the
- 19:49bottom and the top is a silver certificate from when the dollar
- 19:54was based on silver and gold for that matter, right?
- 19:58the US dollar was backed by real money.
- 20:01Oh man. And now you got me going.
- 20:02And that's going on already all over the world.
- 20:05So the Chinese people are saying they're going to be.
- 20:08We'll save that for another video.
- 20:09Have a good night. Take care of yourself as always.
- 20:12Thanks for joining me here in the basement and I'll see.
- 20:15You next time.