Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 👻 Unlimited Silver! 👻 - Silver and Gold Stackers BEST Listen Up! -- (COMEX, Precious Metals News)

Transcript

👻 Unlimited Silver! 👻 - Silver and Gold Stackers BEST Listen Up! -- (COMEX, Precious Metals News) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  Are you ready for $100 silver because it could be here a lot
• 0:06
  sooner than most of us want to realize Other analysts are
• 0:09
  talking about 203 hundred even as high as $600.00 silver.
• 0:15
  We're going to look at all the reasons why we can be super
• 0:18
  excited about not only silver but also gold and the precious
• 0:23
  metal mining stocks in this video.
• 0:25
  Thank you so much for joining me down here in the basement.
• 0:28
  It's a big honor when you choose to give us your time become a
• 0:33
  basement dweller, hang out down here because we have so much to
• 0:36
  look forward to when it comes to the precious metals.
• 0:39
  The only thing I'll ask is that you please subscribe to the
• 0:43
  channel that is free super chat super thanks are never ever
• 0:47
  expected, always very much appreciated, but most of all, I
• 0:51
  want you to come back. So please make sure you
• 0:53
  subscribe to the channel crazy charts.
• 0:56
  We're going to look at here 1st, and this has everything to do
• 1:00
  with physical demand for silver, which is going to play into a
• 1:03
  number of other things that we're going to talk about later
• 1:06
  in this video. Because we're going to hear from
• 1:08
  one of the gurus, one of the big veterans of the silver sector,
• 1:14
  and he has some startling things to say about what we can expect
• 1:18
  in the coming years. Truly, my friends, buckle up,
• 1:21
  buttercup, but take a look at these charts.
• 1:23
  These were shared by Roderuda on the X platform Silver Alert.
• 1:29
  Look at Africa's solar adapt adoption rate.
• 1:33
  Silver is an every panel so important for us to remember.
• 1:38
  I've heard heard numbers from anywhere from 1/3 of an ounce
• 1:41
  all the way up to a whole ounce of silver per solar panel.
• 1:46
  We've often said, we joked around years ago when this first
• 1:49
  started coming out, when you're driving down the road and you
• 1:51
  see one of those massive solar farms literally with thousands
• 1:56
  and thousands of solar panels, look at each one of those panels
• 1:59
  and imagine it as a little bar of silver because essentially
• 2:04
  that's what you're looking at. And it's even crazier.
• 2:07
  We're going to come back and I got to look you in the eye.
• 2:09
  It's even crazier when you hear about these solar farms that are
• 2:13
  being built in China and in India.
• 2:16
  Remember every solar panel that you see.
• 2:20
  You can think of this, right? This is a 5 oz silver bar from
• 2:24
  our channel sponsor First. Not quite 5 oz per each solar
• 2:29
  panel, but you get the point. By the way, thank you First Mint
• 2:32
  for sponsoring the gold and silver content here in Ron's
• 2:35
  basement. If you guys want to get your
• 2:37
  hands on some great world class silver bullion products, go to
• 2:41
  firstmint.com. You can use a discount code
• 2:46
  VIPRB. I'll tell you more about them
• 2:49
  later in this video. Let's go back though and look at
• 2:52
  what is going on in Africa with solar adoption, which is
• 2:56
  absolutely, well, we're going to call it silver adoption.
• 2:59
  Astonishing. Cheap silver equals massive
• 3:02
  asset misallocations. Buy cheap physical while you
• 3:05
  can. But look at this guys, look at
• 3:07
  these charts. Look at the the countries that
• 3:09
  are on here, Algeria, Angola, every single one of them.
• 3:13
  What you see is just an absolute skyrocket in terms of the number
• 3:19
  of solar panels that are being imported.
• 3:22
  And they're being imported into all these African countries from
• 3:26
  China. And we know that China and India
• 3:30
  are on the verge of becoming the dominant player in setting
• 3:34
  silver price discovery. OK, it's crazy what is happening
• 3:39
  right now. And again, we got the guru
• 3:40
  himself we're going to talk about later.
• 3:42
  But let's go back and let's just review a couple of the reasons
• 3:46
  why where we sit now, we can go much, much higher.
• 3:50
  Look, when you compare like the 1980 all time high price $50.00
• 3:56
  for silver in 1980 and you adjust that for inflation, that
• 4:00
  would mean $200 silver today. That means that we are still 80%
• 4:06
  below the nominal high that was set back in 1980.
• 4:11
  But there's more, OK, remember this peak silver production, the
• 4:15
  ultimate most amount of silver, right?
• 4:18
  It's only been going down since the amount of silver being mined
• 4:22
  that occurred in 2016. We are in a years long silver
• 4:28
  deficit situation. And on top of that, we're in a
• 4:32
  situation where we have rapidly expanding industrial demand.
• 4:36
  Think about that's the reason why I showed you those graphs,
• 4:39
  all those African countries importing millions and millions
• 4:43
  of solar panels, right? The demand for silver, not just
• 4:47
  from solar. What about the batteries?
• 4:49
  What about Samsung, right? Do you know Samsung's working on
• 4:52
  solid-state EV batteries that some people claim will use up to
• 4:58
  1 full kilogram of silver per battery?
• 5:02
  And these batteries, they're like half the weight of the
• 5:05
  existing batteries. They had charged like in 10 or
• 5:08
  15 minutes. They have a range.
• 5:11
  They increase the range of EVs from, you know, around 350 miles
• 5:16
  up to as much as 700 miles. The world is hungry for silver
• 5:21
  and on, you know, and then on top of that, I got to go on a
• 5:24
  rant here. The world is hungry for silver.
• 5:27
  But because those boys and girls at the COMEX in the OBMA, the
• 5:31
  London Bullion Market Association over in London,
• 5:34
  England, have held down artificially the price of silver
• 5:37
  for decades, while we have this insatiable demand for silver or
• 5:42
  electronics, by the way, at the same time, because the price of
• 5:46
  silver's been held down for so long, there's been hardly any
• 5:49
  investment into silver mining. Think about it right in the
• 5:54
  coolest thing. On top of that, we got crazy
• 5:57
  demand going up, supply actually going down in silver.
• 6:02
  And on top of that, because there's been no investment, it's
• 6:06
  going to take decades for the silver mining industry to catch
• 6:11
  up. Most of the silver that's
• 6:13
  produced in the world right now comes from copper mines, right?
• 6:17
  And then the newer copper mines. I heard Ross Beatty himself talk
• 6:21
  about one of the legends in the mining sector say this over a
• 6:24
  year ago. But he said basically the the
• 6:27
  amount of silver and the new copper deposits that are being
• 6:31
  discovered now, because I guess they're a lot deeper.
• 6:34
  There's not as much silver that even exists with the with the
• 6:37
  newer copper deposits. So we've got a medal, right?
• 6:41
  They can't just turn the switch next year and say, oh, yeah, did
• 6:45
  you see the silver prices at, you know, $100 per oz?
• 6:49
  Maybe it's time we start, you know, creating more silver,
• 6:53
  mining more silver. No, it can't be done.
• 6:57
  It takes decades and decades. We might have a window of
• 7:01
  beautiness just like you. You're beautiful, right?
• 7:06
  You're important. You matter.
• 7:07
  I'm glad you're here. Don't forget to subscribe.
• 7:09
  But a decade of your beautiness and my beautiness, because
• 7:13
  doesn't it feel better when we smile?
• 7:16
  Where the silver industry is going to be is going to be
• 7:19
  racing feverishly to try to catch up with the man.
• 7:23
  Sure, you're going to hear all this stuff about all these new
• 7:25
  big silver projects. I've been following the mining
• 7:29
  sector for decades. And let me tell you something,
• 7:32
  it does take decades for a new precious metals mine to be #1
• 7:38
  explored, developed, permitted, and then to go into production.
• 7:42
  And even then, honestly, trust me, it's kind of a crapshoot
• 7:46
  whether or not they can actually get all the metals out of the
• 7:49
  ground like they're like they purport that they will be able
• 7:53
  to do during the development phase.
• 7:54
  So it's absolutely crazy on top of that, OK, the double dinger
• 7:59
  cherry on top, on top of everything, we're sitting in a
• 8:02
  situation let's with this gold to silver ratio guys right here.
• 8:07
  It's my one tube I keep at the house.
• 8:09
  There's a tube of 20 American Silver Eagles.
• 8:12
  It takes four of these four. You want to take a peek inside?
• 8:17
  Do you let me get out my knife? Hold on.
• 8:24
  There we go. Get that open there.
• 8:27
  See those? That's silver.
• 8:30
  Yeah. You love it.
• 8:31
  I love it. OK.
• 8:31
  There's 20 American silver eagles in this tube.
• 8:36
  So if you want to trade silver for gold, are you really going
• 8:39
  to take four of these? I can hardly hold this up.
• 8:42
  It's so heavy, right? Four tubes of American silver
• 8:46
  eagles and another 5 or 6, whatever.
• 8:48
  The, the, the point is we're in a situation with a sky high
• 8:52
  gold. So we love gold and the higher
• 8:54
  gold goes hey, hey. And we're going to talk a lot
• 8:57
  about gold later. And as a special added bonus to
• 9:01
  you, today, we're going to talk about what the silver guru
• 9:03
  himself says about a shock. Yeah.
• 9:06
  Are you ready to be shocked? Right.
• 9:08
  Make sure you're grounded to the silver industry.
• 9:10
  But let's take a look at that ratio.
• 9:12
  Just to put this into perspective for you regarding
• 9:16
  where we stand right now. Here we go.
• 9:19
  OK, this is on macro trends, and we're not going to look at that
• 9:24
  advertisement. What we're going to look at is
• 9:27
  the gold to silver ratio. And this goes back 100 years.
• 9:33
  OK, So here we are now. Well, where are we?
• 9:36
  Let's go. We can see it for sure.
• 9:38
  While we were at 100 there, we're at about 85.
• 9:41
  Like I just said, guys, but look at this chart.
• 9:44
  What do you see when you look at this?
• 9:45
  What I see undoubtedly is that the average, OK, even if we look
• 9:51
  back, oh, let's say, where would that go to?
• 9:55
  I don't know, 1970s roughly, Does that kind of seem like the
• 10:00
  middle right, maybe even a little bit higher still
• 10:04
  nonetheless in that range of a 60 to say 50 gold to silver
• 10:09
  ratio, If the ratio was 50 right now, the silver price would be
• 10:15
  right, It would be $70 per oz. So on top of all those other
• 10:19
  factors we just talked about, right, just just the gold to
• 10:23
  silver ratio, getting back to a normal level would, would, would
• 10:27
  put us in very beautiful territory for the silver price
• 10:31
  and the gold price. You know what, while we're out
• 10:33
  here, I want to bring you out to the first mint website.
• 10:37
  We talked about that earlier. That's their hail to the chief
• 10:40
  round, one of my favorites. There's their Las Vegas round
• 10:44
  beautiful. These are all unique.
• 10:46
  The first mint, you're the snake, you're the dragon.
• 10:49
  And they also have, where are they?
• 10:53
  Well, they also have bars and some other unique products on
• 10:56
  their website as well. They are owned by First Majestic
• 11:00
  Silver. That means you've got one of the
• 11:02
  best names in the precious metals mining sector, Keith
• 11:05
  Newmeyer, behind this company. They mine the silver in Mexico,
• 11:09
  ship at the Nevada, United States, where it's minted into
• 11:12
  those products. And then it goes straight to
• 11:14
  you. It's never touched by the COMEX
• 11:16
  or the LBMA. Free shipping over $199.
• 11:20
  And Oh yeah, there's a discount code, VIP PRB.
• 11:24
  But remember, that silver that you get from Firstman is never
• 11:29
  touched by the Comex or the LBMA.
• 11:31
  And let's just go do a quick check, make sure nothing's
• 11:34
  changed. We love the dude.
• 11:38
  He gives us this data every day guys.
• 11:40
  Yesterday the silver market, the paper silver market, the make
• 11:45
  believe electronic silver market traded 375,000,000 paper oz
• 11:55
  yesterday. That would be Friday that again
• 11:57
  like that's actually low for lately.
• 12:00
  But does it seem strange to you that the paper silver market is
• 12:05
  able to trade close to half? All right?
• 12:11
  close to half of what? The physical trade in one day.
• 12:14
  OK, the paper market in one day can trade close to half, but the
• 12:18
  entire physical mining sector can produce and a whole year?
• 12:23
  I don't know, You know, what do you think?
• 12:27
  I think it relates to this, which is one of the funniest
• 12:29
  memes I've seen in a long time. It's about gold, but you know,
• 12:33
  it's even more more relative to the silver.
• 12:37
  This comes from Make Gold Great Again on X.
• 12:40
  This is hilarious. This is the entire global
• 12:44
  financial system. And as you can see, like her
• 12:49
  breast RB is being held up by 137 paper ounces of gold for
• 12:56
  every real 1. And you know, with silver, I
• 12:59
  think what it's 400 to one. I thought that was hilarious.
• 13:02
  Hey, we got to laugh a little bit, but we're laughing in the
• 13:05
  face of what is proving to be some very, very great times.
• 13:09
  Let's listen to right Look, somebody who's been around the
• 13:14
  silver sector, someone who's been CEO of America's biggest
• 13:19
  silver mining company is coming out on Kitco with some shocking
• 13:25
  revelations and predictions about what we can expect in the
• 13:28
  silver market. Let's run out the Kitco and look
• 13:31
  at a few of the highlights that came out.
• 13:34
  I would recommend when you get a chance watching this interview,
• 13:37
  it was Jeremy Safran and Phillips Baker, former CEO of
• 13:42
  Hekla Mining, who is the biggest silver miner in the United
• 13:46
  States, and he was there for a very long time, he says.
• 13:49
  Let's quote this insider warning that a silver price shock is
• 13:54
  incoming as insatiable physical demand continues to drain global
• 14:00
  supply. Long time, long time silver
• 14:04
  investor. Frustrated right like we are by
• 14:06
  past rallies that failed to hold their gains.
• 14:09
  A top industry insider argues that the market has
• 14:13
  fundamentally and structurally changed.
• 14:20
  Phil Baker, also known as Phillips Baker, the former
• 14:23
  chairman of the silver institute.
• 14:25
  OK, that's good and retired CEO of hecla mining says the current
• 14:31
  silver market is unlike the failed breakouts of 2011 and
• 14:37
  2020, pointing to an unprecedented multi year supply
• 14:41
  deficit and a profound shift in investor psychology.
• 14:45
  Let's investigate guys. OK.
• 14:48
  He talks about four consecutive five years of deficits, OK.
• 14:52
  He also says you have roughly demand of about 1.2 billion oz
• 14:57
  and you have supply from mines of about 800 million oz.
• 15:03
  Remember what we just looked at earlier as well yesterday the
• 15:07
  paper Comex make believe market traded 375,000,000 oz, almost
• 15:13
  half of the 800 million physical ounces of silver that the mining
• 15:18
  sector has to scratch and dig to produce every year.
• 15:22
  Recycling puts maybe another 150 million oz, but it does not fill
• 15:27
  the gap in purple. A key, a key pillar of Baker's
• 15:31
  this time is different thesis is a behavioral change also in the
• 15:35
  physical silver buyer. This is very interesting.
• 15:39
  He points to new data showing that heirs are no longer
• 15:44
  liquidating their inherited silver, a stark contrast
• 15:47
  contrast to previous cycle. So people aren't selling their
• 15:51
  silver When when, when you inherit your silver from grandpa
• 15:56
  or your mom and dad. In the past, pretty much people
• 15:58
  would immediately liquidate it. Now what we're seeing is people
• 16:04
  are holding it OK on the ground. This is interesting evidence
• 16:09
  from Australia. Baker, who now advises San
• 16:13
  Cristobal Mining, recently saw this physical demand first hand
• 16:17
  during the trip to the Perth Mint in Australia.
• 16:21
  That's their sovereign met, he says.
• 16:23
  Quote, what they said was they've had more demand over the
• 16:27
  course of the last five years than they've have ever
• 16:31
  experienced in the history of the mint.
• 16:36
  Wow, guys, everywhere we look, we're getting crazy good news
• 16:40
  about silver. We're going to now shift gears a
• 16:42
  little bit and talk about gold because gold's the granddaddy of
• 16:45
  the precious metals and there's big news to talk about in gold
• 16:48
  as well. Before we do that, thank you to
• 16:50
  1st Mining Gold right there. A development stage company in
• 16:54
  Canada. They have two multi million
• 16:56
  ounce projects, spring pull in Ontario, du Parquet in Quebec,
• 17:01
  and they have another project with about 1,000,000 ounces of
• 17:05
  the Cameron project also located in Ontario.
• 17:08
  Great company, great stock, one that I've owned for years, long
• 17:12
  before they sponsored the channel.
• 17:14
  And let's just say having a lot of gold in the ground in Canada
• 17:19
  is something that I personally find very, very attractive.
• 17:22
  But remember, whether we're talking about silver, gold
• 17:25
  mining stocks, anything, I'm not a financial advisor.
• 17:29
  So please, you know, do your own research, do your own due
• 17:33
  diligence, don't make any financial decisions based on
• 17:36
  what I've said. But let's just say, right, the
• 17:38
  evidence, the real concrete evidence shows that the mining
• 17:42
  stocks are doing very well. We're going to look at that in a
• 17:45
  little bit as well. But let's talk about what's
• 17:47
  happening in the gold market. Hey, Reuters is talking about
• 17:51
  gold. Let's look at this headline that
• 17:53
  came out of Reuters. And then we got a little more
• 17:55
  evidence that supports what they're saying.
• 17:58
  Reuters, OK, how many people follow Reuters?
• 18:01
  Oh, my gosh, 25 million people. Reuters says this.
• 18:07
  This is short, but this is powerful.
• 18:10
  Gold's rise in central bank reserves appears unstoppable.
• 18:16
  OK, we know, right? Listen.
• 18:19
  Listen. The central banks are the most
• 18:21
  sophisticated, the smartest players in the world.
• 18:25
  They set the monetary policy. They set what happens.
• 18:30
  If anybody knows what's going on, it's the world central
• 18:34
  banks. I got another big secret for
• 18:36
  you, though. Don't listen to what the central
• 18:39
  banks say, OK? They have a history of, let's
• 18:42
  say, sometimes stretching the truth.
• 18:45
  Watch what they do. And what do we know that it
• 18:49
  means when we watch what the central banks are doing?
• 18:53
  And they are buying gold hand over fist.
• 18:56
  And we're even starting to see a little bit of trickle right with
• 18:59
  Russia, some people say of possibly Saudi Arabia of world
• 19:04
  central banks also buying silver.
• 19:07
  Here's a great one that came out.
• 19:09
  I think this might be from make gold Great again.
• 19:11
  Here it is right here, right? Corroborating what we just
• 19:14
  talked about Poland, who I, I, I view as a very innovative
• 19:18
  country and innovative central bank.
• 19:21
  Poland, Poland major gold horde increase.
• 19:25
  Look at this. Apparently there's a proposal
• 19:29
  for increasing their gold reserves at their central bank
• 19:32
  from 20%, which is already pretty good, pretty high all the
• 19:37
  way up to 30% and something interesting about Poland and
• 19:41
  gold. Hold on here, guys, Glad I
• 19:44
  didn't lose you that nobody realizes and very few people
• 19:50
  talk about Poland has recent history of being kind of invaded
• 19:55
  and overtaken. World War 2 was very, very
• 19:57
  difficult for Poland. And some people say, look, they
• 20:00
  know what it's like. They know what uncertainty looks
• 20:03
  like. And so it's no stretch to
• 20:06
  imagine why the central Bank of Poland is acquiring gold at a
• 20:11
  rate that I think is one of the leaders in the in the world.
• 20:14
  Very, very, very interesting development, bald guy.
• 20:18
  Our friend, bald guy, bald guy money.
• 20:20
  One of my, look, I love Jesse. I love reading Jesse Colombo's
• 20:24
  bubble bubble report. As a matter of fact, I just got
• 20:27
  an e-mail earlier talking about that.
• 20:29
  There's a 30% sale going on right now.
• 20:33
  I'm too cheap to buy a subscription.
• 20:35
  But he also gives a good chunk of information and I share it
• 20:37
  with you guys. And you know, I think he's one
• 20:39
  of the one of the best written analyst, a rising star within
• 20:44
  the gold and silver sector. I'm not being paid to say that,
• 20:46
  OK, but the he, I did notice he sent out an e-mail he's got over
• 20:51
  10,000 subscribers on his sub stack.
• 20:54
  Again, it's Jesse Colombo, the bubble bubble report.
• 20:57
  I get some great information about gold and silver, what's
• 21:01
  going on. I share a lot of it with you
• 21:03
  just from the free section as long alone.
• 21:05
  But the few times I've been able to look at the whole thing, it's
• 21:08
  incredible. And again, 30% off, pretty good
• 21:11
  deal. But the bald guy I also hold is
• 21:14
  one of the top analyst. He's more video oriented, but on
• 21:18
  X he put something out. This is true for gold, but true
• 21:21
  for silver as well. OK, there he is.
• 21:25
  Bald Guy money, our friend and someone I've got a great deal of
• 21:29
  respect for that old cartoon. I don't think bald Guy drew this
• 21:35
  himself, but he shared it and it's a great one.
• 21:38
  Right When Gold's at $3500, people are lining up.
• 21:42
  When gold's at 2000, nobody wanted anything to do with it,
• 21:45
  and he just put out one word. Yep.
• 21:47
  And you know, it's even more true with Silver and could
• 21:51
  actually provide us that rocket fuel for the silver price.
• 21:56
  Rick Rule says it all the time, right?
• 21:58
  Silver investors love to buy silver when the price gets
• 22:02
  expensive, OK? They don't like buying it when
• 22:04
  it's cheap, which is what this cartoon is indicating is the
• 22:09
  case with the with the gold price as well.
• 22:12
  Let's talk about the gold mining stocks.
• 22:14
  We've got some pretty big developments going on in the
• 22:16
  gold mining stocks. Silver mining stocks are also
• 22:20
  taking off like crazy. You guys asked me, you know what
• 22:23
  my favorite gold mining stock? Of course, there it is right
• 22:25
  there. First mining gold on the silver
• 22:28
  side. I'm more into the explorers and
• 22:30
  the developers because that was such a ghost town I've loved for
• 22:35
  a long time. Silver Mountain Resources down
• 22:38
  in Peru. What are some other ones?
• 22:40
  Dolly Varden Silver. They're exploring for Silver up
• 22:44
  in British Columbia, if I have that correct.
• 22:46
  Another one that I own. A few others.
• 22:48
  Oh, Silver 47, which recently merged with Asuma Silver and of
• 22:56
  course BlackRock Silver, which is a big, huge deposit out in
• 23:00
  Nevada. There's a couple more, but the
• 23:02
  gold mining stocks are also taking off.
• 23:04
  And why is that important? Right?
• 23:06
  OK, maybe you maybe you're not in the gold mining stocks.
• 23:09
  I am and I'm into the silver developers as well.
• 23:12
  But but remember something, the more attention the generalist
• 23:17
  investor that gets gets pointed toward, the more attention that
• 23:21
  gets focused in on these gold mining stocks.
• 23:24
  That's good for the entire precious metals ecosystem.
• 23:29
  It brings more people generalist money in.
• 23:32
  And what Phillips Baker told us, right, Like people are starting
• 23:34
  to wake up and look at what happened with the GDX.
• 23:38
  Lot of people are are making a big, big deal out of this.
• 23:41
  So I got to share it with you. This is the GDXETF.
• 23:46
  So this is in ETF which tracks the big gold mining companies,
• 23:53
  the Vanek Gold Miners ETF, GDX and OK, what we see right now,
• 24:01
  what we closed at 6634 on Friday that we have now surpassed the
• 24:07
  high that went all the way back to 2011.
• 24:11
  There was no GDXGDA back in 1980, the last time that we got
• 24:16
  the a really high prices in the precious metals.
• 24:20
  But this is a big, big deal guys, because when you compare
• 24:25
  just with gold alone where the gold price is today compared to
• 24:29
  2011, there's massive, massive room for that number to get even
• 24:34
  even higher. So final thing, and this is this
• 24:39
  is crazy big warning out there about the economy.
• 24:43
  I believe the economy is slowing down precipitously at this
• 24:46
  point. But we got jobs numbers on
• 24:49
  Friday and it is insane what is going on with the with the data
• 24:55
  that we're getting. Look at these, this is just,
• 24:59
  I'll be quiet and I'll just read you the headlines.
• 25:02
  This comes from the Kobesi report.
• 25:06
  Hold on here, subscribe. No, I don't want to subscribe.
• 25:09
  Here we go absolutely insane. OK.
• 25:13
  In five days, the Bureau of Labor and Statistics is set to
• 25:18
  revise US job numbers for the 12 months ending March of 2025.
• 25:23
  So we're going to get a revision to the jobs numbers that were
• 25:26
  given to us, right? The all those numbers that would
• 25:29
  make the silver price and the gold price sometimes crash
• 25:32
  during those periods are go down precipitously.
• 25:35
  However, you'd like me to say it, OK, but during that one year
• 25:38
  period they're going to adjust all those numbers and according
• 25:41
  to Goldman Sachs, a downward revision of up to 950,000,
• 25:47
  almost 1,000,000 and it very well maybe over 1,000,000 jobs
• 25:52
  is coming, OK. This would be the biggest
• 25:55
  downward revision all the way since 2010.
• 25:59
  It is nuts, but then we get this and then I'll comment.
• 26:03
  You can't make this up, OK? This was in response to the
• 26:06
  recent numbers that came out on Friday, which gave us the jobs
• 26:12
  numbers for the month of August alone.
• 26:14
  Last month, the May and June jobs reports were revised were
• 26:18
  revised lower by almost 260,000 jobs.
• 26:21
  Today the BLS revised the June jobs number lower again by
• 26:26
  another 27,000 jobs. That's a total of 285,000 jobs
• 26:33
  that were wrong, right make believe jobs that were revised
• 26:37
  down in two months. I only have one question.
• 26:41
  Everybody I'm talking to says the job market is screwy, is
• 26:46
  bad, really bad, OK. People, especially people that
• 26:50
  we're accustomed to making over 100K per year are having very
• 26:54
  difficult times finding jobs. These numbers that we're getting
• 26:58
  the potential for a million jobs to be revised, it's crazy.
• 27:02
  I just have one question. All those people that had those
• 27:06
  make believe jobs, did they get the cash, their make believe
• 27:09
  paychecks? OK, we protect ourselves with
• 27:14
  precious metals. It's working right now.
• 27:17
  Look, when we look at everything out there, just the fundamental
• 27:20
  factor supporting the silver price and the gold price, we've
• 27:23
  got really, really good days ahead for us from almost every
• 27:28
  perspective. We have truly turned the corner.
• 27:30
  Look, 2-3 years ago, we would talk about how the silver and
• 27:34
  gold price were like a sailboat sailing into the wind, right?
• 27:38
  They could make some progress, but they had all these
• 27:41
  headwinds. Now, guys, based on everything
• 27:44
  that we talked about today, to me, it's crystal clear that the
• 27:48
  winds have shifted. We now have the winds in the
• 27:52
  sail of the precious metals sailboat, OK?
• 27:55
  Please remember that. And as we move forward in this
• 27:59
  coming year, five years, I think as long as 10 years that we
• 28:04
  could be in for some wonderful times and precious metals.
• 28:07
  Before I forget, you guys keep asking me about this.
• 28:11
  This is The Dirty man safe. OK.
• 28:13
  They've been supporting our channel, our work for years now.
• 28:16
  Well, about a year. That was a bit of an
• 28:18
  exaggeration, but I love this thing.
• 28:20
  If you've got something that you want to store safely, maybe you
• 28:24
  have a safe in your house. Maybe you have a safety deposit
• 28:26
  box. But if you want to do right
• 28:28
  what's been proven to be an effective way to keep things
• 28:32
  very, very safe, free from flood, free from fire, free from
• 28:35
  everything, do what the pirates did.
• 28:38
  You ever wonder why people are still searching all over the
• 28:41
  world to find pirate treasure? Because the pirates buried it in
• 28:45
  the ground. And that's just what you do with
• 28:46
  this. The Dirty man safe.
• 28:49
  OK, there's a link to it in the description.
• 28:51
  There's also a discount code Ron 10.
• 28:54
  Go on to their website and check them out.
• 28:56
  I love this thing. This is called The Dirty girl.
• 28:59
  It's their smallest 1. Anyhow, most important, thank
• 29:04
  you for being here, OK? Thanks for being part of the
• 29:06
  basement. We're in for some fun times
• 29:08
  ahead. I want you to take care of
• 29:10
  yourself, OK? And I will look forward to
• 29:13
  seeing you next time.