Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⚡SILVER Stackers!⚡ THIS Needs Your Attention! (Debt Spiral, Fiscal Dominance, Iran, Federal Reserve)
Transcript
- 0:00Let's look at a chart that shows us $300 silver.
- 0:04It's just not a dream. You know what?
- 0:06Let's look at 2 charts because there's a lot of different ways
- 0:09that we can get to this three to $500 per oz silver mark.
- 0:13Remember, there will be short term noise.
- 0:16We're experiencing some today. Just my opinion.
- 0:19I'm not a financial advisor, but I believe 3, four, $500 silver
- 0:23is on the near term horizon. But we're also going to look at
- 0:26some crazy facts. The number one dominant force.
- 0:30Be prepared. It may scare you a little bit.
- 0:33That will propel the price of silver and gold much higher.
- 0:36But let's go out and look at these charts.
- 0:38We'll start here. This one came from our friend
- 0:40Digger. We love you Digger.
- 0:42This is a whole new way to look at $300 silver.
- 0:46And he says it's coming. This is a yearly log scale
- 0:50chart. Let me get the crayons out.
- 0:53OK, The log scale chart going all the way back to the 1970s,
- 0:57of course, right. We've got this, the cup and
- 1:00handle that we've looked at ad nauseam, but that's not what
- 1:04he's pointing out. That is so interesting.
- 1:07What he's showing is right here. You can barely see it, but I'll
- 1:11read it to you. It says we're going to have a
- 1:13copy of the 2003 through 2011 silver bowl.
- 1:19That would be this blue section right here.
- 1:23OK, I'm going to erase that box so you can see it.
- 1:26But as you can see, right, we had this big move up.
- 1:29What he's saying is that we are set up for the exact same thing,
- 1:34very similar, OK, based on his yellow lines and all crazy
- 1:38technical analysis to have that same box that happened from 2003
- 1:43through 2011 as we move into the coming years.
- 1:47Now excuse me, look guys, the target is actually $303.18.
- 1:53Sorry I cheated you out of $0.18, but it's going to take a
- 2:00little while to get there. As you can see, here's 2030 down
- 2:04below. Now it gets even more
- 2:08interesting when we go to this chart that was shared by Mr.
- 2:16Azogar 777. Let's read what he says because
- 2:20this is interesting, he said. In my humblest opinion, silver
- 2:23will go beyond $300 in this bull market and retain support
- 2:29throughout throughout annual candles body not Wicks the blue
- 2:34curve. Hence it will exceed this price
- 2:37way before the green line meets the blue curve.
- 2:40This is the model I used to make the call.
- 2:43OK. And again, these are Candlestick
- 2:45candlesticks, probably annual candlesticks going all the way
- 2:48back to what the 1960s, Oh my gosh, 1860s, eighteen 60s.
- 2:54And you can see, right, this total blue trend line in the
- 2:59silver price. So he's predicting that the
- 3:02silver price go even higher now again, right?
- 3:05We're out years, years in the future, 2044 right here.
- 3:10But remember, OK, couple things don't do you remember?
- 3:14I remember following some mining stocks that like 3 years ago,
- 3:18we're talking about, oh, in 2020, five, 2026, this is where
- 3:23we'll be this. And I thought it seems like
- 3:25forever, right? It was like 2000, 23 at the
- 3:28time. These time periods go by quickly
- 3:31and we could be at that higher silver price much sooner than we
- 3:35are anticipating. So there's a lot of different
- 3:38ways. Those are two different ways.
- 3:40We know what Michael Oliver saying.
- 3:41We know what David Hunter was out over the weekend talking
- 3:45about his long term prediction for silver at $1000.
- 3:49David Hunter has been right about everything for the last 10
- 3:53years. He's saying silver's going to go
- 3:56up, pull back down, and then we're going to have a rocket
- 3:59ship up like to $1000 per oz. It's going to get crazy.
- 4:03But let's run out to China. Let's get our update, our daily
- 4:06update on the Shanghai Gold Exchange because something very
- 4:09interesting happened there. Silver trade pointed this out.
- 4:12China begins stockpiling silver. The Shanghai Futures Exchange
- 4:18inventory spiked by 50%. He says with the global physical
- 4:23silver shortage finally abating due to the Iran war, China is
- 4:27it's taking the opportunity to load up on silver as quickly as
- 4:32it can. So while we're out here, we'll
- 4:34get this from the Oriental Ghost, our friend.
- 4:37OK, look, silver on the Shanghai Gold Exchange, their physical
- 4:41silver market closed at $83.68. What he's talking about, this is
- 4:47the inventory change. This is the Shanghai Futures
- 4:50Exchange inventory vaults up by 36,000 kilograms now all the way
- 4:56up to 400 and 57,000 kilograms, which I believe equates to about
- 5:0215,000,000 oz. Still not.
- 5:05I mean, yeah, it went up by 15%. Where is it?
- 5:08Yeah, here it is right here. 14,700,000 oz.
- 5:12That's the total amount of silver that they have in their
- 5:17Shanghai Futures Exchange vaults to back up all the of futures
- 5:21contracts. Let's go get a look.
- 5:23Let's check on the silver price and check on backwardation.
- 5:26We're going to go out to Kitco and get the the spot price on
- 5:31silver right now, $74.22. Now let's go out and look at the
- 5:38futures price $74.22. So earlier I'm not sharing that
- 5:44with you. There we go.
- 5:45That's the May contract and silver at the COMEX, the futures
- 5:49price earlier today, we were in a slight state of backwardation
- 5:54where the spot price was actually higher than the futures
- 5:57price. Again, we're about we're we're
- 5:59hovering around this equilibrium.
- 6:01We're not in the normal state, which is contango where where
- 6:06the futures price would be higher than the spot price.
- 6:09And we're not in a back and we're not backwardated either
- 6:12where the spot price is higher than the futures price.
- 6:16We're in a state of backward tango, which is still unusual
- 6:19and still raises some suspicion, some speculation that maybe
- 6:24there's a little concern about the about the physical market
- 6:28being able to actually deliver the metal.
- 6:31But we got the big picture that we need to talk about right now.
- 6:34Two things. Big picture number $172.50 is
- 6:39the line in the sand for silver. OK, We are still above that.
- 6:44Now we've got a little bit of a buffer, right?
- 6:46If we get below 725072 into the 60s, then we can get a little
- 6:51concerned. We aren't concerned long term
- 6:53because guys, the reality is this, OK, in the long run, we're
- 6:59I'm going to read this to you where we are.
- 7:01If we are good, the good day for gold and silver will come.
- 7:05OK, where gold and silver begin to ignore the short term noise
- 7:09in the market. Yeah, we got some quote UN quote
- 7:12escalation in the Middle East conflict that made the oil price
- 7:15go up. I'm I'm sure the dollar went up
- 7:17as well. We're not even going to look at
- 7:18that, right? And that's, that's, that's
- 7:21hitting the gold and silver price.
- 7:23That will end the short term noise and and they will begin to
- 7:27heed gold and silver will heed to the realities of the
- 7:31financial system and that is fiscal dominance.
- 7:35We need to remember that term fiscal dominance.
- 7:38That will become a very common saying down here in the basement
- 7:42and let's go out. This is what because when when
- 7:45fiscal dominance takes over, that is when we are in a total
- 7:49new world for the silver price and gold price and just for a
- 7:53definition of fiscal dominance that occurs when a government's
- 7:57debt and deficit spending are so high that the central bank is
- 8:02forced to abandon inflation control to keep the government
- 8:06solvent. In this scenario, monetary
- 8:10policy, that's what the Federal Reserve is.
- 8:12That's the monetary policy becomes a tool to support the
- 8:16Treasury rather than to stabilize the economy.
- 8:21That is when we go into the opposite of freefall.
- 8:25What would we call that? Parabolic with the gold price
- 8:30and the silver price. Now we're going to look at a
- 8:31bunch of examples why fiscal dominance is taking over.
- 8:35OK, just how screwed up things are We're going to run through
- 8:39these. There's a lot to cover, but
- 8:41alright, gold Telegraph brings this up over the weekend.
- 8:44The president of the United States is open openly discussing
- 8:48a reset. Trump put out a tweet talking
- 8:51about a big reset, quote UN quote.
- 8:53Conflicts are breaking out across the globe.
- 8:55We know that OK, central banks are monitoring private credit.
- 9:00That's a big deal and cyber threats.
- 9:02We got examples of both of those.
- 9:04We're going to look at this is the symptom of a broken system.
- 9:09And then we go to Zero Hedge who puts out this groundbreaking
- 9:13peace with six reasons. OK, six, the debt spiral ends in
- 9:18dollar destruction. The six hard truths that America
- 9:23can no longer ignore. They said let's take a look
- 9:26back. Let's take a look a step back
- 9:29and look at the big picture so we can assess the US
- 9:31government's financial situation.
- 9:34This is fiscal dominance, guys, when the money, when the math
- 9:38takes over, all right. And again, that is super good
- 9:41for silver, the gold, where it's likely headed and what the
- 9:44trends could mean. There's six big points here.
- 9:47Number one, it's politically impossible to cut spending.
- 9:51Our, our, our politicians are not going to be responsible.
- 9:54They haven't been for the last 50 years since Nixon took us off
- 9:57the gold standard. That's not going to change.
- 10:00OK point #2 ever increasing debt is the only way to finance the
- 10:06deficits because the politicians won't cut spending.
- 10:10The deficits will continue to grow and and the only way to to
- 10:14fund that is through more debt. Point #3 observation #3 Over
- 10:21half of the US Treasury debt matures by 2028.
- 10:25Look, we're, we're going to be close to being halfway through
- 10:282026, right? We've got massive debt that
- 10:31needs to be refinanced in this country.
- 10:34Point #4 and ever and ever growing interest expense fuels
- 10:39the debt spiral. Wow, look at that interest
- 10:42expense. We're going to look at that
- 10:43again in a second observation #5 surging interest expense forces
- 10:48the forces the Fed to ease monetary policy.
- 10:52The government can't afford high interest rates.
- 10:55It becomes a situation where the Fed monetizes the debt.
- 10:59And that quite simply means they print money.
- 11:02OK, They print money to buy their own debt.
- 11:06Number six, ever increasing current currency debasement is
- 11:10inevitable because of what we just talked about.
- 11:13They they get painted, it painted into a corner literally
- 11:17and all they can do, the only thing they can do is then print
- 11:21money to buy the debt for themselves.
- 11:23That's like a company buying products from themselves.
- 11:27It's like a, it's like a shell game.
- 11:29It's like a almost like a Ponzi scheme, right?
- 11:32It's almost like if your kid starts a company and, and, and
- 11:36you're, you're the only customer for the company, it just doesn't
- 11:39work out. Now let's look at the next
- 11:41point, because it all leads to this.
- 11:43After all those heady points, here's a graphic that describes
- 11:47what's going on, not just in the US, but around the world.
- 11:49And that is that the global money supply, the M2 money
- 11:53supply, the broader measure of money supply in the world is
- 11:57exploding. It was up over 12% as of
- 12:01February 2026, year on year 100 and 101 trillion.
- 12:07And let me remind you, a trillion is 1,000,000 *
- 12:101,000,000. But 101 trillion was printed by
- 12:13the top five central banks. The Fiat scheme must go on.
- 12:17And that's what's happening right there, right?
- 12:19Shoveling more and more paper money into the system.
- 12:23But let's go to the let's look, let's, let's hear what Jamie
- 12:26Dimon, right, CEO of JP Morgan, the world's most prestigious
- 12:31financial company. What does he have to say about
- 12:34what's going on? Well, Jamie Dimon says this from
- 12:37from Fortune. the United States had a national debt home run in
- 12:43its grasp, says Jamie Dimon, CEO of JP Morgan Chase.
- 12:47But the government did nothing and now it's best option is
- 12:52crisis management. OK, that came from Fortune.
- 12:56That's Jamie Dimon saying that the best situation that we can
- 13:00deal with right now is crisis management.
- 13:02And then we go out the money metals and miners.
- 13:05We're going to look at this. This is astounding, but just the
- 13:08headline alone, 9.6 trillion treasure Treasury maturity wall.
- 13:13That's what's coming due in 2026.
- 13:16How the 2026 debt Cliff, the 39 trillion U.S. debt crisis, and
- 13:21the 1.2 trillion interest expense guarantees a massive
- 13:26repricing of hard assets. We aren't going to go through
- 13:28all the details on that because we covered them in the previous
- 13:32Zero Hedge article. But guys, just look at this
- 13:35chart. This is United States government
- 13:39federal interest expense going all the way back to 1880, right?
- 13:44I mean, flat, flat, flat. I mean, look at how it is just
- 13:47exploding higher. The big key take away, the
- 13:50reason why this is important is because that will add to our
- 13:54national deficit and his interest rates go up is fewer
- 13:57and few countries want to own U.S.
- 13:59Treasuries, right? That makes the interest rates go
- 14:02even higher and higher, which the government can't afford.
- 14:06So to repeat the point that I made earlier, the only option is
- 14:10to print money. OK?
- 14:11So there's no no, there's no, there's no surprise.
- 14:18And I'll show you something funny about Jerome Powell the
- 14:20minute that he's going to be glad to be getting out of the
- 14:23hot seat at the at the Federal Reserve.
- 14:27One more thing going on, right? Because on top of everything
- 14:30happening right now, we get this.
- 14:34Jerome Powell and Scott Besent discussed Anthropics Mythos AI
- 14:39cyber threat with major U.S. banks.
- 14:42We've got major issues possibly with the banks in red.
- 14:46Fed Chair Reserve Jerome Powell and Treasury Secretary Scott
- 14:50Besent met with major U.S. bank CE OS this week that would have
- 14:54been late last week to discuss the possible cyber risk raised
- 14:58by Anthropics Mythos model, CNBC confirmed on Friday.
- 15:03OK, I think this was reported by both Reuters and and.
- 15:08Oh my God, I'm forgetting. It was Reuters and Bloomberg.
- 15:12I'm sorry. OK, alright.
- 15:14Here's who was in attendance, Brian.
- 15:16Brian Moynihan from Bank of America.
- 15:18Jane Fraser from Goldman Sachs CEO David Solomon from Goldman
- 15:23Sachs. I'm sorry.
- 15:24Citigroup CEO Jane Fraser, Morgan Stanley's Ted Pick, Wells
- 15:30Fargo Scott, Charlie Scharf, we're all in attendance,
- 15:33Bloomberg reported, citing people familiar with the
- 15:36meeting. Bloomberg and Financial Times
- 15:38were the first to report the meeting with bank executives.
- 15:42They are getting scared. They're also getting very, very
- 15:45scared about what's happening with the private credit
- 15:48situation and on top of that, right, just to show the
- 15:52situation that we're in. Kidco reports and this is from
- 15:56Reuters. Middle East war to cut growth,
- 16:00deliver cascading and impact, the World Bank chief says.
- 16:05But there's a there's, there's, there's a bonus.
- 16:09We got 2 little paragraphs to read here, but then there's a
- 16:12bonus. The war in the Middle East will
- 16:14have a cascading impact on the global economy, even if OK,
- 16:19remember this, the fragile ceasefire announced by the US
- 16:22President Donald Trump takes hold, World Bank President AJ
- 16:25Bonga told Reuters in an interview on Friday.
- 16:29Basically said the world economy is in a world of hurt even if
- 16:34even if the truce holds. And the damage will be far
- 16:38deeper if if the ceasefire fails and the conflict escalates, he
- 16:43said. So think about that, right?
- 16:46We now know the ceasefire did fail and we're waiting to see if
- 16:50the conflict escalates. Put all of this together with
- 16:54what is happening right now, OK, out there, right, in terms of
- 16:58fiscal dominance, what's going on in the Middle East, what's
- 17:02going on with the financial situation in the United States?
- 17:05And we're looking at the potential for the dollar to
- 17:08become devalued even even even further.
- 17:11So let's have a little fun and see how Jerome Powell feels
- 17:15about the fact that he gets to leave the United States Federal
- 17:18Reserve. Hold on.
- 17:21We're going to pull him up here. This is our our Federal Reserve
- 17:25chair, Jerome Powell. This is made by AI, it says down
- 17:29here on the bottom. And let's see how how Jerome
- 17:33Powell feels about the fact that he's leaving the Federal
- 17:35Reserve. Boom, boom, boom, boom, boom,
- 17:39boom, boom, boom, boom. Yeah, I would say Jerome Powell
- 17:42is probably happy that he is going to be out of the catbird
- 17:47seat. See you later, Jerome.
- 17:49We love him. OK.
- 17:51It's an interesting scenario that we are in right now guys.
- 17:55But it all adds together this idea of fiscal dominance.
- 17:59When you hear that term fiscal Dom, like the United States
- 18:02could be in a situation of fiscal dominance.
- 18:04At first when I heard it, I was like, well that means we're
- 18:07dominant where we control the world, we're the world reserve
- 18:10currency about. No, it means complete opposite.
- 18:14It means that because of the debt, because of the deficits,
- 18:17because the monetary policy has to be adjusted to deal with a a
- 18:22fiscal and monetary situation that has gotten out of control.
- 18:27Look, when you have almost $40 trillion in debt and you're
- 18:31paying, you know, these new, this new data saying over a
- 18:34trillion in interest alone and you've got a deficit that's
- 18:38running what, 2 trillion, 1.5 trillion, All of that feeds on
- 18:43each other. And as the world moves away from
- 18:47the dollar, I don't like it. I live here.
- 18:49It's my country, I don't agree with what the politicians have
- 18:53done. Like the previous articles
- 18:55pointed out, right, The politicians have no strength, no
- 18:59desire or fortitude to change things.
- 19:03It's just going to get worse and worse and worse.
- 19:06Fiscal dominance essentially means that the fiscal situation
- 19:10dominates what a country is able to do.
- 19:12It wouldn't be unlike you and your spouse if you're married or
- 19:16whatever, being in a situation where you have so much debt,
- 19:20right? A mortgage, car payments, credit
- 19:22card payments, student loan payments, I don't know, layaway
- 19:25at Walmart, anything, whatever you got right?
- 19:27And you get to a point where you're like, Oh my God, all we
- 19:29can do is like, try to pay all these interest.
- 19:32You know, those, those TV commercials where you see people
- 19:35like, oh, you know, what am I going to do?
- 19:37It's the same thing, right? Mathematics shows 0 forgiveness
- 19:42on the altar of truth. All right, guys, thanks for
- 19:45joining me today. Don't forget, please subscribe
- 19:48to the channel. We want you to come back down
- 19:50here in the basement and spend time with us.
- 19:52We're going to be fine when it comes to gold and silver.
- 19:55That's what I believe. Please always do your own
- 19:57research. Oh, and thank you to our channel
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- 20:20Please support the sponsors Susie and I upstairs Susie and I
- 20:24appreciate you. Hey, let's have some fun right
- 20:26you we, we are the hardcore basement dwellers.
- 20:29Why don't you tell me I'm going to try to read off where
- 20:33everybody is from. I can see the comments section.
- 20:36Tell me where you're from and I'll read it off.
- 20:38Just so we see how spread out the gold and silver enthusiasts
- 20:43are, the basement dwellers are all around the world.
- 20:46I'm waiting, I'm waiting. Stack on, says Randy Miller.
- 20:50Hey, there's customs Duster. Good to see you.
- 20:53OK. Virginia, Fredericksburg West,
- 20:55TX. Wow, that is wild.
- 20:58Kentucky, East Tennessee. OK, thank dad for a big, big
- 21:04Seattle. We we are covering the country
- 21:06so far. Pennsylvania, Canada and
- 21:11Springfield, MO Hello Rick. Albuquerque, Sweden.
- 21:17I knew it we would get we would get somebody.
- 21:19Susie Swedish upstairs. Susie Wow, guys.
- 21:23Bloomington, IL Tampa, FL Well, it's running too quick now.
- 21:27Birmingham, AL Washington. I can never pronounce that.
- 21:31Snackowich, Australia man. And it's wild, the people we
- 21:36have all Taiwan. All right, guys, thanks again.
- 21:40Don't forget, please subscribe. Keep up the great work.
- 21:43Taiwan, Sweden, Ohio. You guys are the best.
- 21:48Take care, OK? And I'll see you.
- 21:50And yeah, we see you. We'll see you down here in the
- 21:52basement next time. Bye.
- 21:54Bye.