Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨STACKERS, WAKE UP! - You Can EXPECT This! 🦍🦍 (Gold Price and Precious Metals NEWS Update)

Transcript

🚨STACKERS, WAKE UP! - You Can EXPECT This! 🦍🦍 (Gold Price and Precious Metals NEWS Update) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:01
Silver, Wake up stackers. We are in a critical period in
0:06
what is already a historic time for precious metals, silver and
0:12
gold. We're going to talk about all
0:13
the reasons why in this video, but let's be real.
0:17
Here's a fact for you. You don't realize you're in a
0:21
historic time until after you're already through the historic
0:26
time. And all the evidence points
0:28
towards the fact that we are at a very critical, very crazy
0:33
period right now for precious metals in the history of the
0:37
world. And let's not forget, gold and
0:40
silver have always been the world reserve currency for
0:45
thousands of years. So what's unfolding right before
0:50
our very eyes right now really can make sense if we look at it
0:54
through a broad lens of history. But we're going to focus on the
0:58
right now because right now, right in front of us, and I
1:02
mean, maybe as soon as tonight, Sunday night, Super Bowl Sunday,
1:06
when the markets open, we could see some fireworks in the coming
1:10
weeks in the precious metals markets and in particular with
1:14
silver. There's nobody else that I'd
1:17
rather enjoy these fireworks with than you.
1:19
So I want to say thank you for joining me down here in the
1:22
basement. Seriously, what a great group of
1:25
people we have, basement dwellers we call ourselves.
1:28
Please do us a favor, subscribe to the channel.
1:31
That way you'll know when we go live, press the little bell
1:35
notification, then you'll get notified.
1:37
We want you to come back. We want to learn and grow
1:40
together on this wild, wild journey that we're having right
1:45
now in precious metals. And there's a super sharp guy
1:49
we're going to hear from Honza right now.
1:53
Without further ado, super sharp guy who's doing some
1:56
unbelievable analysis and he's pointing to us nine reasons, 9
2:02
reasons why things are crazy and not just like crazy with silver,
2:08
right? We had a silver sizzler.
2:09
We talked about that things are crazy right now.
2:12
Not two years, three years from now.
2:14
We are living in it together right now.
2:17
Let's go out and see what Hanza has to say because I think as we
2:21
work through what he's presenting to us, this will make
2:25
much more sense. And Yep, we got you up.
2:29
So Hanza, Saturday, the man himself tells you, Stackers,
2:34
wake up. This is the moment we've been
2:37
watching for years. The silver paper House of Cards
2:41
is starting to crack. February 2026.
2:45
That's right now sets the stage. March could be historic.
2:50
The paper price is lying. OK, all right now we're going to
2:53
walk through why he's saying this and we're going to talk
2:56
about this very important February 2026 Deliveries are
3:00
insane. In just the first few days,
3:02
19,000,000 ounces of paper silver have been taken
3:07
physically off the futures market.
3:09
That's nearly all of last year's February delivers deliveries in
3:13
a in under one week. Oh shoot, hold on here.
3:18
Even more telling, even more telling, 98% of the open
3:22
interest stood for delivery. Buyers don't want paper anymore,
3:27
they want real metal. Now look at March our month.
3:31
We're coming up on open interest 80,500 contracts.
3:35
That's over 400 million oz demanded Comex registered.
3:39
OK, deliverable silver is only 100 million oz.
3:44
Do the math, OK, There's 400 million oz outstanding.
3:48
There's only 100 million in the registered category at the
3:52
COMEX. If even 25 to 30% stand for
3:55
delivery, it's like like we're seeing now, there isn't enough
4:00
silver. And this is not isolated.
4:03
The drain is global. On the Shanghai Futures Exchange
4:07
and the Shanghai Gold Exchange, less than 30 million oz left
4:11
invisible vaults. They're absorbing metal
4:14
aggressively. LLBMA estimates about 150
4:18
million ounces of global free float total.
4:23
That's not in abundance. That's tightness.
4:26
OK, all right #5 silver lease rates have just spiked about 6%,
4:33
highest in years. This is the Canary in the coal
4:36
mine. Banks are paying up now to
4:39
borrow metal to cover shorts. Lease rates equal physical.
4:44
High lease rates equal physical scarcity.
4:46
Stress in the system. A classic squeeze set up in this
4:50
time. It's hold on here bigger.
4:53
OK, number 6 stackers, let's be honest.
4:56
While the world chased the Fiat illusion paper promises it's
5:01
just a pet rock narratives. You stacked real money.
5:04
You survived the deaths, the suppression, the mockery.
5:08
Now the system itself is blinking in the next two to
5:12
three weeks. OK, the first notice date for
5:15
delivery is February 27th. Possible outcomes massive short
5:19
covering violent price discovery, cash settlements or
5:24
worse. If March follows the three to 4X
5:27
delivery trend of recent years, 200 million plus oz could be
5:32
demanded. That's game over for the paper
5:36
market. To every silver stacker hearing
5:39
this, hold strong. Add if you can look.
5:42
We're not financial advisors. Always be responsible.
5:45
Remember why you stacked? Not for a quick flip, but for
5:50
generational wealth. The screen price lies until
5:54
physical forces the truth. Finally, we are weeks away from
5:59
potential default territory. Paper silver is being exposed.
6:04
Physical silver is reclaiming its role.
6:06
Stackers win, always. Who's still stacking in 2026?
6:11
OK, thank you, Hanza and guys. But wait, there's more, right?
6:16
He did a great job. I love what he had to say.
6:18
But wait, there's more. OK, if you think about this, I
6:23
don't know how you feel. But look, when I think about the
6:25
paper markets, the COMEX in the LBMA, it's been proven that
6:30
they've manipulated the price of silver and gold for decades and
6:35
decades and decades. In 1971, when President Richard
6:38
Nixon temporarily took the United States off the gold
6:41
standard, and prior to that, they've taken silver out of our
6:44
money. Think about it.
6:46
It's easy to think it's, it's times that we, we, it's the most
6:50
simple thing to understand. When they took the backing of
6:54
gold out of the dollar and the backing of silver out of the
6:57
dollar. At that point, silver and gold
7:00
became like, like they divorced like it was a divorce in the US
7:05
government wanted gold and silver to not be worthless at
7:09
that point. I mean, it does that, does that
7:12
make sense? I hope that makes sense.
7:14
That is what we're living through.
7:16
They turn the dollar and they turned the the paper silver and
7:20
gold markets into kind of a Ponzi scheme.
7:23
Now let's focus in on the paper silver market, right where
7:27
there's leverage of 23400 times, right?
7:30
There's 403 hundred paper ounces of silver for each one real oz
7:35
right like this right here, this beautiful one ounce silver round
7:40
from channel sponsor First met. That's a roulette wheel.
7:43
Isn't that beautiful on the back of their Las Vegas round?
7:48
But for each one of these, there's 3 or 400 paper oz.
7:53
It's kind of like a Ponzi scheme, OK.
7:55
And you know, a Ponzi scheme like Bernie Madoff ran, they can
7:59
go for a pretty long time. Bernie Madoff was real
8:03
successful at keeping that Ponzi scheme alive.
8:06
But eventually they crash. Eventually truth comes out.
8:12
Eventually the laws of supply and demand, Mother Nature wins.
8:16
And that's likely where we are right now.
8:19
On top of everything, OK, that our friend Hansa put pointed out
8:24
about what's going on right now in the COMEX, in the LBMA, we've
8:28
got this massive issue with the sky beyond the Chinese
8:31
billionaire who it's been exposed, thanks to Bloomberg
8:35
that he has a short position on the Shanghai Futures Exchange in
8:40
silver. That's equal to almost
8:42
15,000,000 oz. That is going to need to be
8:45
covered as well. Guys, we are living in a
8:48
absolute and we got it. We're going to talk about
8:50
Germany. We're going to talk about the
8:52
other big thing, probably the biggest factor when we lookout
8:57
long term for gold and silver that are going to be massively
9:01
impactful that nobody else is talking about.
9:03
We're going to get to all that, OK.
9:05
But we got to realize that right now, in these next few weeks, it
9:10
could get crazy. Right now it could be a nothing
9:13
burger. We've been, we've been down this
9:15
road before. And they are going to fight with
9:18
everything they have to maintain their sick little control over
9:22
the paper price of silver. Maybe they'll figure, maybe
9:26
they'll kick the can a little bit further down the road.
9:29
But, but I think there's a big chance that in the next month
9:35
things could get super, super interesting.
9:38
And think about this on top of it all in the West, right?
9:42
We've got the situation in the markets between the spot market
9:46
and the futures market of backwardation that's occurring
9:49
on a regular basis. I think we're like about it
9:53
equal right now. But backwardation is when the
9:55
physical spot price of silver is actually higher than the futures
10:01
price, right? Usually the market should be in
10:03
the state of contango. But what we're seeing more and
10:07
more often is that it's in backwardation.
10:09
I don't know, guys, what do you think?
10:11
But when I look at this, when we look at all the facts that are
10:14
laid out there to me, we are living through an absolute
10:18
historic time. When we look at the evidence,
10:21
OK, and we're looking at this just on this little short term 1
10:24
month period, when we look at that evidence, it looks
10:28
historic. When we look at it on a broader
10:30
historic term like we started out talking about in this video,
10:35
gold and silver have always been and always will be the world's
10:43
reserve currency. They are the yardstick by which
10:47
everything else is measured. OK, I know we're, we're
10:51
brainwashed. I'm part of it, I fully admit,
10:53
right? We are brainwashed into thinking
10:55
into pricing silver and gold in U.S. dollars.
11:00
Think about 5000 years, right? Here's the start, here's the
11:03
finish. OK, gold and silver valuable.
11:07
Gold and silver valuable for 5000 years.
11:11
This little spot right here, right?
11:13
This little sliver in that 5000 years represents the amount of
11:17
time that the US dollar even existed.
11:21
And on that 5000 year timeline, there's all kinds of hundreds,
11:25
if not thousands of other paper Fiat currencies that came and
11:31
went. I love my country, I love the
11:33
United States. I love that the founding fathers
11:36
of the United States actually put gold and silver in the
11:39
United States Constitution. That doesn't mean cuz it's still
11:43
a free country where we can speak our minds that I agree
11:46
with what happened in 1971 when Richard Nixon temporarily took
11:51
us off the gold standard. It's going to get interesting.
11:53
We are living in historic times right now, guys.
11:57
Let's move over. We got it going.
11:59
It's what look, there is a physical scramble, a physical
12:06
scramble. I had Dan Wilton, the CEO
12:09
channel sponsor first mining gold on like 3 months ago and we
12:13
talked about it. That was the first time.
12:15
I think it's another term that we invented together down here
12:19
in the basement. We talked about, we use the word
12:21
scramble, right? We both agreed that it felt like
12:24
we were at that point, the beginning phases of a scramble
12:28
for precious metals all around the world.
12:31
We know what's going on in Russia.
12:33
We know what's going on in China.
12:35
We know what's going on in India.
12:37
Don't forget, last night we pointed out the fact that India
12:40
imported one in four of all silver Oz that were produced by
12:46
the mining sector last year. That's not the point, OK,
12:49
Because we never really talk about Europe.
12:51
What about Europe? What about Germany?
12:54
Isn't Germany the biggest economy in Europe?
12:57
I wonder what's going on with precious metals in Germany.
12:59
Yeah, we're going to find out right now, and you're going to
13:01
be shocked. Take your blood pressure
13:04
medicine. Let's head over to our friends
13:06
in Germany and see what they're telling us this came from.
13:11
This guys got to be German. Hans.
13:14
Zip, Phil. Hello, Hans.
13:16
Welcome to the basement. We love you, SOS.
13:20
We're going down the drain. Precious metals dealers are
13:24
struggling with shorts with supply shortages.
13:27
The Bayern LB, Germany's by far largest precious metals
13:32
wholesaler. That means they supply the
13:35
financial institutions and the dealers, says Quote.
13:39
We often get twice as many orders a day as we can process.
13:45
Doesn't that mean demand is greater than supply anyway?
13:49
Quote. The minting facilities which
13:52
stamp the raw material into tradable bars and coins are also
13:57
working at their limit. Consequences.
14:00
We call a minting facility and want to order 100,000 coins.
14:05
They're trying to catch up with you and your stack, right?
14:08
And get told back that we can only receive 10,000 coins, 10%
14:14
of what they want to order. And that only, and that's only
14:18
going to happen in six weeks. So think about that.
14:23
They try to order 100,000 coins, they only can get 10% of what
14:28
they want to order. But wait, there's more.
14:30
They got to wait six weeks to get it.
14:33
The shortage is real. Since New Year's, the physical
14:36
precious metals market has been in a state of emergency.
14:41
Excuse me. And even the crash in the
14:45
futures market does not ease the bottleneck in yellow.
14:51
The main interest is still on silver.
14:53
Quote, most recently, this is from somebody else.
14:56
The Australian Perth Mint, like the US, meant before it
15:00
announced that it will not accept any more orders until the
15:03
end of February. Now, this is from a guy from
15:06
Ophirum, OK? He's the founder and CEO.
15:10
His name's under critical critics.
15:12
Anyway, he's from Germany. Quote, for gold, delivery dates,
15:16
depending on the minting facility are now sometimes as
15:19
late as the end of April. For silver, availability is even
15:24
worse. Current delivery times here are
15:27
even further out. OK, everything we get in now is
15:32
already been sold out. OK, all of this in an
15:37
environment this is a worldwide scramble for resources, guys,
15:43
that includes gold. That includes silver.
15:46
The world central banks are holding more gold now than they
15:50
are U.S. Treasuries.
15:52
That's the first time and like forever that that's been the
15:55
case. But we know it's the case with
15:57
silver. We know it's the case with
15:59
minerals everywhere because this week we had this story come out
16:03
from Washington, DC. And here's a tweet from Catoosa.
16:09
The rise of America, critical and minerals, energy, soon base
16:14
metals and precious metals. The White House announcing a new
16:18
era, a new era of prosperity for America and its workers.
16:22
On Monday, the Trump administration announced Project
16:25
Vault, America's first domestic critical minerals stockpile.
16:33
It's happening. It's happening in real time.
16:36
And I'm telling you, I think these next few weeks are going
16:39
to be crazy for the metals. It's going to be volatile.
16:43
Be ready for big volatility in the metals markets.
16:47
I've been following these markets closely for decades.
16:50
I don't come on here. I don't think I've ever came on
16:53
and said it with as much conviction is today that I feel
16:57
like the next three to four weeks are going to be crazy.
17:00
Be emotionally prepared for big swings up down in between the
17:06
jiggle in the middle. Like Michael Oliver saying, by
17:09
the way, Michael Oliver, the the silver Swami, right?
17:13
I say that with much respect. Everybody worships the guy.
17:18
He's still talking about 3 to $500 silver by the summer.
17:23
Think about what's going on at the Comex.
17:25
Think about what's going on in China.
17:28
Think about what's going on with the Chinese billionaire.
17:30
Think about how it all kind of fits together potentially,
17:34
right? Please though, as your friend, I
17:37
want to tell you, no matter what you do, be responsible.
17:41
Don't expose yourself to too much risk.
17:43
If you're new to silver, dollar cost average and if you're new
17:47
to to gold, I will give that financial advice.
17:49
That's what I believe is the smartest way to do it.
17:51
Don't expose yourself to too much risk because things could
17:55
get volatile to the downside as well as to the upside.
17:59
I believe that it's going to be to the upside, but you know,
18:02
we'll see how that all plays out.
18:05
There's one big, big factor that I know and nobody else is
18:10
talking about it. Look, we talked about the
18:12
debasement trade before anybody else did, right, guys that
18:17
they're calling it, they're they're giving us a basement
18:20
dwellers a huge compliment. Everywhere you look now they
18:22
talk about debasement trade. We're going to look at that in a
18:26
in a second. But there's another something
18:28
else that hardly anybody's talking about.
18:30
We started talking about three months ago.
18:34
And I'm telling you 3 years from now, it is going to be the story
18:38
for gold and silver that everybody talks about, OK.
18:42
And it has to do with the tokenization of silver and gold.
18:46
Now wait a minute, wait a minute.
18:48
And I'm going to explain to you why that's the case.
18:51
But please, please, you don't have to like the blockchain.
18:54
You don't have to like crypto, any of that to realize that this
18:58
is going to be a massive source of demand in the coming months,
19:03
quarters and years. And it's, I'm going to give you
19:05
a, we're going to look at examples that it's already
19:07
happening right now for gold and silver, because when they
19:13
tokenize gold and silver, they back it 100% with real physical
19:18
metal. That means people don't have to
19:20
store it at their house, store it in a safety deposit box.
19:23
They can store it in this world class vaults that the
19:27
tokenization companies have and then they can use their phone,
19:31
right? They don't have to go to a coin
19:33
shop if they want to use their gold and silver.
19:35
They can use their phone and sell even just small fractions
19:39
like of an ounce of gold or silver and not pay these crazy
19:43
spreads. Look again, you don't have to
19:45
like it. You don't have to agree with it.
19:46
That's fine. But there are a lot of people
19:48
who are all over the world and wait until you hear this because
19:53
the biggest company doing it, the biggest crypto company in
19:57
the world, tether. OK, this is unbelievable.
20:02
Let's just hit this and then we'll wrap up why this is so
20:05
important, but this came up wrong. 1 Hold on here guys.
20:11
Another one. From Tether.
20:12
I'm sorry. From Catoosa.
20:14
Mary Catoosa. Been around the precious metal
20:17
sector forever. Again, one of the smartest guys
20:20
out there. Here.
20:21
This is Juan Sartori from Tether.
20:24
Gold was asked for his gold price target.
20:27
All right, we want to listen to him.
20:30
I'll explain to you why. Big reason why in a second.
20:33
The man sitting on $20 billion.20 billion in physical
20:39
gold, buying 3 tons a week with 0 hedges, meaning they're buying
20:45
it. They're buying physical metal, 3
20:47
tons per week. His answer, I won't give you a
20:51
number, although we have it again when they asked him what
20:54
his price prediction was for gold because you're going to
20:58
think we are crazy. So he's thinking that the gold
21:01
price is going to go extraordinarily higher.
21:05
Let's go to this next one from Tether and then I'll explain to
21:07
you why this is so important. Tether, big news just late last
21:12
week. Now they're backing gold.com
21:15
with a $150 million deal. Tether is investing 150 million
21:22
to acquire a 12% stake in gold.com, partnering to
21:26
integrate If it's XAUT, that's their gold token and expand
21:32
accessible digital and physical gold.
21:34
The collaboration will allow users to purchase physical gold
21:40
using USD T, which is the world's biggest U.S. dollar
21:45
stable coin or the second biggest?
21:46
I think it's actually the biggest, aiming to bridge crypto
21:50
rails with traditional precious metals markets.
21:54
Why is this a big deal? For two reasons, right?
21:58
Tether is now the world's biggest buyer of gold outside of
22:03
the world central banks. The world central banks are the
22:06
massive they're the smartest people.
22:08
Think about this, right? The world central banks, right?
22:12
They've been buying gold hand over fist.
22:14
And some people speculate that maybe silver's in that mix or
22:18
soon will be in the mix anyway. Speculation.
22:21
They're buying gold hand over fist.
22:22
The world central banks are the world's most sophisticated
22:27
financial institutions, OK? Right behind them, the world's
22:31
biggest buyer of gold is Tether. OK, that's a big deal, guys.
22:37
And as it's not just gold, because what we're going to see
22:42
more and more of, and it's already begun, is silver being
22:46
tokenized. And again, when these companies
22:50
tokenize gold, tokenize silver, it is backed up 100% by real
22:56
physical metal that's in a vault in the next five years.
23:01
You don't have to agree with me right now, OK?
23:04
And I know a lot of people in the silver and gold community
23:06
are very skeptical of anything blockchain oriented.
23:09
Whatever this is along the same lines of what happened is big
23:15
reason why this is important with what happened when the gold
23:19
and silver ETFs came on the scene, right?
23:22
Or the gold and silver trust like the PSLV, the spot physical
23:26
silver trust and they've got a physical gold trust as well.
23:29
It created a massive wave of demand for the physical metals
23:35
because, and we won't debate this.
23:37
There's there's speculation that the SLV maybe possibly doesn't
23:41
have all the silver. They said whatever, all right,
23:44
But the fact is that as when when people buy the SOVETF right
23:49
now, it creates big demand for silver.
23:51
So this is where we're going, right?
23:54
This is like when the the world is moving to the blockchain and
23:58
real world assets, OK, Like tokens, right?
24:02
A token, a digital token that's actually backed 100% by the real
24:08
metal. It's not unlike when e-mail
24:10
first came out. I remember when e-mail first
24:12
came around, people like, I don't want to get electronic
24:15
mail. I want to get letter in the
24:16
mail, in the mail physical. I want to go to my mailbox and
24:19
get it. And now most people, right, they
24:22
trust an e-mail just as much as they trust that physical metal.
24:27
The other thing to consider, and I'm not trying to sell you or
24:31
anybody else on the tokenization of gold and silver, but it's,
24:35
it's, it's kind of like a bank. Well, bad analogy.
24:40
These companies, that's all they're doing is storing the
24:44
metal. They are the specialist at it.
24:46
Like, Tether has a massive vault in Switzerland.
24:50
OK, state-of-the-art. I mean, they're going to do a
24:53
better job of protecting those metals than most people can do.
24:57
I'm not against. Look, I love, I love, I don't
25:00
keep much at the house at all. But I love physical metal.
25:03
And I understand completely if you don't hold it, you don't own
25:06
it mentality. But there's no denying that
25:09
there's going to be a massive wave of demand coming.
25:12
I'm going to say it one more time from the tokenization of
25:16
gold and silver. Oh, yeah, we got to talk about
25:19
they did steal the, the, the basement trade.
25:24
We talked about it for years. This is incredible, $1000 of
25:30
gold in what, 1971? Here.
25:32
I'll just read it to you what it would be worth today.
25:37
Hold on here. Make sure I got the right screen
25:39
up for you. How are you doing today, by the
25:41
way, guys, thank you so much. Again, on behalf of Susie and
25:45
myself, we want you to come back.
25:46
Please subscribe to the channel because we're going to learn
25:53
about interesting things like this.
25:55
The great debasement, There it is right there.
25:58
Hold on, debasement, let's make that a different color.
26:03
We'll make that cayenne. There we go.
26:06
The great debasement, $1000 of gold in 1970 is equal to $58,000
26:16
worth of gold today. The dollar went down by 93%
26:19
versus gold since Nixon severed the tie to gold.
26:22
The printing press is just warming up and why this trend is
26:26
far, far from over. And here's I guess the tweet or
26:29
the meme. What would the value be today if
26:32
you bought $1000 worth of gold at the bottom?
26:36
What would it be worth today if you bought a thousands worth in
26:39
1970? And look at that chart.
26:41
Almost 60. I was born in 1970, Man, just to
26:46
think that if my parents had bought a few ounces of gold for
26:48
me, where I'd be sitting right now, it'd be wonderful.
26:52
But the important key takeaways in yellow.
26:55
This is a story about the US dollar systematically and
27:00
relentlessly depreciating. We get it so mixed up.
27:04
It's so easy for us to do, to think all the the value of gold
27:08
is going up, the value of silver, the price of silver is
27:11
going up. No, right.
27:14
The value of the US dollar is going down.
27:18
Silver and gold are the benchmark.
27:20
Silver and gold have been the reserve currency of all time,
27:26
OK? It's not the value of silver and
27:28
gold going up and down. Silver and gold are the steady
27:31
line. They are the benchmark.
27:34
It's the value. It's the price.
27:37
It's the value of the US dollar or the euro or the yen or the
27:41
Confederate dollar or the Roman, whatever the heck they called
27:45
their currency, or the Dutch kroner.
27:47
I don't know. But you know what I'm saying.
27:49
Silver and gold are the benchmark, right?
27:53
They are the are the measure by which everything else is with
27:57
the standard by which everything else is measured.
28:02
Let's go talk about the billionaire in in China.
28:06
This is interesting. Vince Lancey brought up a very,
28:09
very interesting point just to show us how the mainstream media
28:13
in the West is not, is not giving the silver market the the
28:21
attention that it deserves. This one came from David
28:23
Bateman. He's the silver billionaire.
28:26
He has like 15,000,000 ounces of silver.
28:28
Now he says, yeah, come on, Bloomberg, what the heck?
28:32
So Vince Lancey said this, isn't it interesting how we have a guy
28:36
named David Bateman who's a billionaire who almost doubled
28:40
his money in silver, right? He is a huge he's our new Hunt
28:43
brothers for a time of not one story on it right.
28:49
There's no been no big news stories about David Bateman, the
28:52
silver billionaire. But as soon as the Chinese
28:57
billionaire shorts it right, This is the 15,000,000 out short
29:01
that the paper tiger has. Bloomberg is all over the story.
29:07
OK, that and that that's a good thing for us.
29:11
You know why? Excuse me?
29:17
Allergies are getting bad here in Saint Louis Because the
29:20
snow's melting. That's a good thing because,
29:26
excuse me, that shows us we've got a lot of room for
29:29
improvement, a lot of room for growth in the precious metals
29:32
markets. All right, guys, have a great
29:35
day. Thanks for being here.
29:36
Don't forget, subscribe to the channel.
29:38
Thank you for the Super chats. Let me make sure we didn't get
29:40
any super chats today. Oh, my gosh, we did.
29:43
Hold on a second here. Holy moly, $20, TWO, 09.
29:50
Thank you so much for that super chat, my friend.
29:53
Wow, that is awesome. Happy Super Bowl Sunday, we got
29:56
one for 999 from OK Here we'll talk about this great point from
30:02
Disco. Glad you mentioned the
30:04
tokenization of gold. The SWIFT system will go away
30:07
and Ripple XRP will be how transactions are done.
30:11
I recommend stackers look into that.
30:13
What do you think? I don't know a lot about XRP,
30:16
but I will say that I do know that there are a lot of people
30:20
who think that XRP will, like you said, replace the
30:23
international banking system. Right now, the SWIFT system, I
30:26
get international wires sent from time to time.
30:29
It's cumbersome, it's complicated and it's expensive.
30:34
And yes, blockchain technology and a lot of people think XRP,
30:38
from what I understand is the answer can like make
30:41
instantaneous transfers of money all over the world and it almost
30:47
zero expense now it feels like there's like what, a two or
30:51
three or 4% charge anytime I get a wire, especially an
30:55
international wire, it is ridiculous.
30:58
Thank you Disco for the for the Super chat.
31:02
And I do agree with you, Kelly. Oh my gosh, you guys are super
31:05
generous today. Silver will hit over $100 this
31:09
week. So excited for the markets to
31:12
open. I hope you're right, Kelly, and
31:14
I certainly think that that could be a strong possibility
31:17
here very, very, very, very soon.
31:21
But please, everybody be responsible and be prepared for
31:25
big volatility. But yes, you know, I kind of
31:28
covered a lot of it in this live stream.
31:30
I've never seen a set up like we're in right now, right?
31:35
And remember, you know, we are living in historic times for the
31:39
precious metals and we often don't realize history is
31:43
happening until after the fact. Did in wow, you did in ducked on
31:48
diving ducked on diving ducked on says how is silver not work
31:54
worth more than gold when it's needed for so many things?
31:57
That's an argument a lot of people make.
31:58
Thank you for the Super chat. Diving ducked on.
32:02
Yeah. Like right now you hear
32:04
different numbers, but for each one ounce of gold that's dug up
32:09
out of the ground, there's somewhere between 7 and 10
32:12
ounces of silver. The ratio of mining is like 1
32:16
gold to let's say 10 for silver. And we know that the gold to
32:20
silver ratio from a price perspective is what, 5650,
32:25
somewhere in the 50 to 60 range right now.
32:28
But when you couple that with the fact that, yes, most of the
32:31
silver now that's coming out of the ground is being consumed by
32:36
industry or a large portion of it, it doesn't make sense,
32:39
right? It makes no sense at all.
32:42
We got the guy. I mean, just from a ratio
32:45
perspective. So I agree with you, diving
32:50
duck, Don, it makes no sense. So to think that we couldn't go
32:55
to a 15 to 1 or even a 20 to 1 gold to silver ratio.
32:59
If we were to 20 to 1 gold to silver ratio, meaning it only
33:03
took 20 ounces of silver, one tube of American Silver Eagles
33:08
to get one ounce of gold, we would have a silver price close
33:11
to $250 per oz. OK.
33:15
But yeah, all the gold that's ever been mined in the history
33:19
of the world, pretty much all of it.
33:22
Some of if it's been lost, some of it's sank in pirate
33:25
shipwrecks, pirate shipwrecks, whatever, all the gold is still
33:29
around. It's sitting in vaults.
33:31
It's maybe it's at your house, I don't know.
33:35
But a lot, most of the silver right, is now being consumed.
33:39
And then on top of that, we know every single year for the last
33:45
five, maybe now six years straight, the world is consuming
33:50
more silver than the, the mining sector can produce.
33:55
So essentially for the last five to six years, the world has been
33:59
borrowing silver from the above ground silver rainy day fund,
34:05
right? All during a time where since
34:07
2016, almost 10 years, the the amount of silver being produced
34:12
by the miners has been trending downward, not falling off a
34:16
Cliff, and I'm not going to say that, but trending downwards.
34:19
And we know on top of that, because the silver price has
34:24
been manipulated, some people speculate by the COMEX in the
34:28
LBMA for decades, like that 1974 memo that talked about inducing
34:33
volatility in the precious metals market.
34:35
So people wouldn't want to buy precious metals, right?
34:38
Because the price of silver has been kept artificially low.
34:43
No one, there's been no incentive, very little
34:46
incentive. Only the sharpest cookies were
34:49
out there exploring for silver. OK.
34:52
And so the pipeline of new projects is very limited.
34:56
Tomorrow I'm going to be interviewing Galen McNamara, the
34:59
CEO of Silver 47, right? They've got like 3 huge silver
35:04
projects, all in the United States, one in Alaska.
35:07
I almost said Canada. Canada is not part of the United
35:10
States. One in Alaska, one in New
35:14
Mexico, Mogian and one end of the Hughes project in in Nevada.
35:20
But not many people have been exploring for silver.
35:23
And to make things even crazier, right?
35:27
You know this already, but I'll share it with you because that
35:30
makes us feel warm and fuzzy. 70% of the world silver that's
35:35
produced every year actually comes as a by product of mining
35:40
of things like copper, lead and zinc.
35:43
OK, So they can't just like they aren't silver explorers, they
35:47
aren't silver producers. They can't just turn the knob
35:50
and say, well, you know what, the silver price is up.
35:53
We're just going to dig up silver.
35:54
No, OK. And copper mines, which is one
35:57
of the biggest sources, guys, it takes like, and there's a copper
36:02
shortage too. OK, There's going to be a copper
36:04
shortage. There is.
36:05
It takes like decades and decades to build a new copper
36:10
mine. They're massive, right?
36:11
And to make even more interesting, I heard Ross Beatty
36:16
say this years ago. The new copper mines, they don't
36:20
have as much silver in them as the older ones.
36:23
I think the newer ones are deeper in the ground, like all
36:26
the easy silver. Think about this.
36:29
All the easy silver, all the easy gold, all the easy copper.
36:34
It's already been mined, OK? The stuff that was near the
36:39
surface that was easy to find and easy to mine.
36:43
Bye, bye. It's all been gone.
36:45
Now the world is in a scramble to get its hands on silver and
36:50
gold. You know, look, let's just say
36:53
basement dwellers, my, my fellow gold and silver enthusiasts, we
36:58
are on the forefront. And most people haven't even
37:02
woke up to this yet, right? The world has grown
37:05
exponentially. The world has become wealthier.
37:08
The world needs more and more and more silver and copper,
37:13
right? And at the same time, the world
37:15
financial system is in a state of array.
37:18
The world needs more gold because gold, right, has always
37:23
been the world's reserve currency.
37:25
I think we got a lot of great things to look forward to.
37:28
I'm sorry I went on so long this morning, guys, but man, these
37:32
next few weeks in particular for silver, have the potential to
37:37
get very, very interesting. Buckle up.
37:40
OK? It's going to be a wild, wild
37:42
ride, but we'll do it together, please.
37:44
Again, we're trying to get the 80,000 subscribers.
37:47
Really appreciate you. Right.
37:49
It's a big deal. Thanks for being here.
37:51
Take care, and I will see you. Yeah, you soon.
37:56
Thank you.