Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Who Wants to BAN Silver and Gold Stacking 🚨 --THIS is Insane!

Transcript

🚨 Who Wants to BAN Silver and Gold Stacking 🚨 --THIS is Insane! · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  Silver and gold confiscation. Could your silver and gold be
• 0:05
  confiscated in modern times? We've got a big, big news story
• 0:10
  and I'm going to show you the reasons why.
• 0:12
  For the first time in my entire silver, gold, precious metal
• 0:17
  stacking career, I'm actually a little scared.
• 0:20
  For the first time, I got that feeling like, wow, this could
• 0:25
  really happen. We know it happened back in 1933
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  when President Roosevelt took away everybody's gold.
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  But do we have a news story today from Israel that indicates
• 0:36
  a trend that could be moving to the West?
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  Elimination of cash and not allowing people to hold on to
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  large amounts of silver and gold.
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  We need to pay attention to this.
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  I'm going to show you the reasons why I'm scared right
• 0:53
  now. Thank you for joining me here in
• 1:03
  the basement. You are the most important part
• 1:07
  of Rons Basement. This does not exist without your
• 1:10
  participation. So thank you.
• 1:12
  Please subscribe to the channel, give the video a thumbs up that
• 1:15
  gets the word out to more people.
• 1:17
  And super chats and super thanks are always super appreciated.
• 1:21
  We're going to go to a news article that gives some details
• 1:26
  on what's being proposed by Israeli leader Netanyahu.
• 1:30
  And it could strike the fear of confiscation into the hearts of
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  US silver and gold stackers. Take a deep breath, silver and
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  gold stackers, because things are about to get interesting.
• 1:44
  This comes from wynettenews.com. Kill Bill Netanyahu pushing for
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  quick phase out of 200 shekel banknote as part of a fight
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  against black market money. Officials considering
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  eliminating highest denomination of Israeli currency soon and
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  gradually phasing out cash entirely.
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  And we've been talking about how this move away from cash, from
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  physical money in the slow move to CBD CS is happening right
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  before our very eyes. And as far as I know, in terms
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  of Western ally countries with the United States, this is the
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  first example of a proposal to move very strongly in that
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  direction, getting rid of cash. Look, if you go to amusement
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  parks in the United States or if you go to Major League Baseball
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  games or NFL football games, they've already phased out cash.
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  Guys, this is real. And this is happening right
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  before our very eyes. But wait until you hear what
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  they're proposing with silver and gold.
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  It is genuinely frightening. Prime Minister Benjamin
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  Netanyahu instructed top officials on Thursday to
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  urgently discuss the immediate discontinuation of the 200
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  shekel banknote, the highest denomination of Israeli
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  currency. We go down a little further in
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  the medium term. The plan calls for a drastic
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  reduction in cash use, aiming to eliminate cash transactions
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  altogether within a few years, with payments to be made
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  exclusively through bank transfers or credit cards.
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  The initiative also includes a new voluntary disclosure
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  campaign, which would allow tax evaders to avoid prosecution if
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  they declare previously undeclared income.
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  Additionally, the plan proposes lowering the threshold for
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  transactions requiring pre approval from the tax authority
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  from 25,000 shekels to 5000 shekels, which is the equivalent
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  of 13150 U.S. dollars. That means anytime you want to
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  do a transaction above that level, you need to get pre
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  approval, a move that has drawn criticism from business groups
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  who argue it would burden the payment system.
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  Now, we're going to talk about the scary part, gold and silver
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  next. But can you see this move away
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  from monetary privacy into one where the government controls
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  and monitors every financial transaction that you do?
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  Are we moving towards a true CBDC system?
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  Is this Israel's first step? And remember, Israel is very
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  much allied with the United States.
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  This is downright scary to me. Next we're going to talk about
• 4:46
  their proposals, which sound a lot like confiscation to me.
• 4:51
  But before we do that, I want to say thanks to channel sponsor
• 4:54
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• 5:00
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• 5:03
  platinum group metals while we still can, you might want to
• 5:06
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• 5:09
  big online bullion dealers, do yourself a favor and compare
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  what you can get at Pimbex for the exact same amount of that
• 5:17
  paper Unicorn fart dust Fiat money that you're going to be
• 5:21
  converting from that into real metals.
• 5:24
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• 5:34
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  company that you can trust. And if you ever go, you ever go
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  to convert part or all of an IRA into precious metals, take your
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  PMBEX, see what they can do for you.
• 5:52
  Compare how many actual ounces of gold and silver you can get
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  from the different options that are out there for IRA
• 5:59
  conversions. And if you do that, I think you
• 6:02
  might just be shocked at what PMBEX can do for you.
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  This next section is not recommended for people with weak
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  hearts or who are prone to panic attacks.
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  Because wait till you hear what they're talking about with
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  silver and gold. Similar steps have been
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  implemented in other countries. In parts of China, the use of
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  cash has been completely banned in certain cities.
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  Oh Gee, so we're going to be moving towards China and how
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  they treat their citizens with CBDCS?
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  That sounds like a real great idea.
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  The plan includes several additional measures and this is
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  where we get the silver and gold.
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  Expanding reporting obligations for citizens with income to the
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  tax authorities. Launching a joint enforcement
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  program involving all relevant agencies, including tax
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  authority, anti money laundering authority, police, the
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  prosecutor's office, and the Counterterrorism Economic
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  Warfare Headquarters. Let that all sink in.
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  They also want to utilize artificial intelligence to
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  identify tax evaders, increasing oversight of non bank financial
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  entities, including currency exchange providers which handle
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  substantial amounts of black market money.
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  That sure seems a lot like that book I had to read in high
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  school. Was it called 1984?
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  I'll let you review that list on your own and come to your own
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  conclusions. The final bullet point is the
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  one that will strike fear into our hearts.
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  They also right, are considering this additional measure, banning
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  the holding of large amounts of cash alternatives such as gold,
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  silver medals and coins, banning your ability from what I read
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  here, to hold on to gold, silver medals or coins.
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  Guys, this is downright scary. And this is 2024, not 1984 and
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  not 1933. Now this is what's being
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  proposed. I'll emphasize in Israel, if it
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  goes through, are we next, are we going to see some type of so
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  a program in the United States to get rid of cash and ban
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  citizens from holding metals? I sure hope not.
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  How would you react? How do you think the precious
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  metals stacking community in the United States would react?
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  Don't forget, our founding fathers wrote gold and silver
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  into the into the most revered document of our country, the
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  United States Constitution. I think this is a very scary
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  proposition. Look, I'm not saying that we're
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  going to wake up tomorrow and be told that we can't stack silver,
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  stack gold. But it sure feels like this is a
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  scary, scary move by Israel, one that I'm sure our friends in
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  Israel who hold silver and hold gold aren't very keen of.
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  We'll have to keep an eye on this and see how this plays out
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  and we'll survive this, Basement dwellers, we always do.
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  Again, thank you for joining me. You are part of the group,
• 9:25
  right? We join up down here in the
• 9:27
  basement. We keep ourselves abreast as to
• 9:30
  what's going on throughout the world in the precious metals
• 9:34
  community because don't forget silver and gold, right?
• 9:36
  They're a worldwide market. We're friends from all around
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  the world. Please don't forget to
• 9:42
  subscribe, give the video a thumbs up and leave a comment so
• 9:46
  we can learn from you. I also want to say thanks to
• 9:49
  channel sponsor First Mining Gold for making this video
• 9:52
  possible. They're a Canadian gold
• 9:54
  development company with two multi million ounce projects in
• 9:57
  Canada. And our good friends at Fortuna
• 10:00
  Mining. They're mining silver and gold
• 10:03
  in Latin America and they're mining a lot of gold in West
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  Africa. Do me a favor, come back to the
• 10:11
  basement. I'll be looking forward to
• 10:13
  seeing you next time.