Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 ALERT! 🚨 $25,000 Gold Price SQUEEZE - Precious Metals NEWS Update - (Silver Price too)

Transcript

🚨 ALERT! 🚨 $25,000 Gold Price SQUEEZE - Precious Metals NEWS Update - (Silver Price too) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:02
  Hey, guys, welcome to the live stream.
• 0:04
  Welcome to the basement. We have crazy interesting
• 0:06
  developments in the precious metals markets, almost too much
• 0:09
  for us to talk about, but we're going to cover it all today.
• 0:13
  In this video, $25,000 gold from a top analyst will cover that.
• 0:18
  A squeeze being talked about by one of the world's central
• 0:22
  banks. Are you kidding me?
• 0:24
  One of the world's central banks is talking about a gold squeeze.
• 0:28
  Maybe it'll go higher than 25, 5000.
• 0:30
  We'll have to see how that all plays out.
• 0:33
  Also, we've got big news out of China about precious metals,
• 0:36
  gold in particular, and finally, our old friends at Costco.
• 0:40
  So how are you doing today? Welcome to the basement.
• 0:43
  This is a piece of gold and silver focused content.
• 0:47
  It's a big deal. When you come here and join me,
• 0:49
  I hope you feel like you found a little home away from home.
• 0:53
  You're welcome here in the basement.
• 0:54
  Everyone's welcome. We love to talk about gold.
• 0:57
  We love to talk about silver, so please subscribe to the channel,
• 1:02
  the thumbs up or appreciated, like share, subscribe, you know,
• 1:05
  the whole thing. Let's get started by talking
• 1:08
  about $25,000 gold. Before I forget, I want to
• 1:11
  mention to you what we're also going to cover.
• 1:14
  Are these really scary? So if you have high blood
• 1:17
  pressure or a heart condition or anything like that, you may want
• 1:21
  to tune out 'cause there are some also very scary situations
• 1:25
  developing in the world financial, monetary and economic
• 1:29
  system, which will have a big impact on the precious metal.
• 1:33
  So we'll, we'll talk about that as well.
• 1:35
  Take a big deep breath. Let's get started here.
• 1:38
  Robert Kiyosaki is at it again. OK, the end is here.
• 1:43
  I warned you. What if you threw a party and no
• 1:46
  one showed up? That's what happened yesterday.
• 1:50
  This is huge news, guys. the Fed, the Fed held an auction for
• 1:54
  US bonds and no one showed up. I thought the Treasury
• 1:58
  Department held auction, but anyway, so the Fed quietly
• 2:03
  bought 50 billion of its own fake money with fake money,
• 2:07
  right? That's called monetizing of the
• 2:09
  debt. That means, oh, nobody wants to
• 2:12
  buy our debt, so we'll just print more money.
• 2:14
  All right. But the important part here,
• 2:15
  yellow, The party is over. Hyperinflation is here, Millions
• 2:21
  young and old to be wiped out financially.
• 2:24
  Wow. In red though, the good news,
• 2:27
  Gold will go to 25, $1000 silver to $70.00.
• 2:33
  I think that's low given $25,000 gold Bitcoin to 500K to a
• 2:38
  million. The big print, that's a book by
• 2:40
  Larry Leppard. I love Larry Leppard is the
• 2:44
  latest book on it. Please read it.
• 2:46
  The end I've been warning the world about is here.
• 2:49
  May God have mercy on all of our souls.
• 2:53
  Now, that's big enough, but what if one of the world's central
• 2:57
  banks, central banks warned of a gold squeeze?
• 3:01
  And don't worry, we're going to talk more about the end of the
• 3:03
  world later in this video. But what did the ECB, this was
• 3:08
  kind of swept under the rug, guys.
• 3:10
  But the ECB, the European Central Bank, right?
• 3:13
  They're the bank that runs all of the big European banks had
• 3:19
  some scary things to say about gold.
• 3:21
  ECB highlights gold, gold's increasing risks.
• 3:25
  But what they're talking about, and we're going to cut right to
• 3:27
  the chase here, is a squeeze in the gold market or a potential
• 3:31
  squeeze in the gold market In blue gold continues to re
• 3:35
  establish its role as global monetary asset and the yellow
• 3:39
  metal is attracting the attention of the European
• 3:42
  Central Bank. Again, that's the European
• 3:46
  equivalent of our federal. In a paper published on Monday,
• 3:53
  the ECB acknowledged gold safe haven appeal and then rising
• 3:57
  economic volatility and geopolitical uncertainty.
• 4:01
  We'll go through all this just talks about how gold's been the
• 4:04
  best investment over the last decades compared to the stock
• 4:06
  market. You know, nobody talks about
• 4:08
  gold, but this gold is like outperformed everything over
• 4:12
  many recent time frames. But go talk to your neighbors
• 4:16
  about gold. May they look at you like you're
• 4:18
  crazy. All right, here's the good part
• 4:20
  in yellow quote. This is from the ECB report.
• 4:23
  Should extreme events materialize, there could be an
• 4:26
  adverse effect on financial stability arising from gold
• 4:31
  markets in red. Such vulnerabilities have arisen
• 4:34
  because commodity markets tend to be concentrated among a few
• 4:38
  large firms. Yeah, like the ones that
• 4:40
  manipulate the price. But we won't go there often
• 4:43
  involved leverage and have a high degree of opacity deriving
• 4:48
  from the use of OTC derivatives. OK, Yeah, we know the derivative
• 4:53
  market quadrillions, whatever margin calls and unwinding of
• 4:57
  leverage positions could lead to liquidity stress among market
• 5:01
  participants, potentially propagating the shock through
• 5:04
  the wider financial system. Additionally, disruptions in the
• 5:08
  physical gold market could increase.
• 5:12
  And I made that text big for us because, guys, this is the
• 5:16
  European Central Bank saying the risk of a squeeze, OK, could
• 5:24
  increase a risk of a squeeze in the gold market.
• 5:28
  Hold on, let's look at each other for five seconds.
• 5:34
  That is the European Central Bank telling us of a potential
• 5:37
  squeeze in the gold market. So maybe Robert Kiyosaki's $500.
• 5:41
  I'm sorry, $25,000 gold, $70 silver.
• 5:45
  Come on, Robert, you need to raise that, do you think?
• 5:47
  Right. Do you feel like doesn't $25,000
• 5:51
  gold equate more to like, I wonder what that would be?
• 5:55
  Let's say it's $25. Where's my calculator, $25,000
• 5:59
  gold? And let's say we get to a 50 to
• 6:04
  1 gold to silver ratio. This is all live.
• 6:06
  Thank you guys for being here. I apologize for the technical
• 6:10
  difficulties. It's always a challenge doing
• 6:12
  live streams. So we had $25,000 gold and a 50
• 6:16
  to 1 gold to silver ratio. Maybe you can do it in your
• 6:21
  head. I should be able to.
• 6:23
  I have a degree in accounting, but I got to use a calculator
• 6:25
  that would make a $500 silver price, 50 to 1 gold to silver
• 6:32
  ratio, $25,000 gold. These things are not out of the
• 6:36
  question. I know everybody thinks we're
• 6:38
  nutso. When we talk about the fact that
• 6:40
  in in April of next year, we're going to have $60.00 silver.
• 6:45
  That's my prediction. I say it every video.
• 6:48
  And if I'm wrong on April Fool's Day 2026, I'll come on here and
• 6:52
  gladly say I was wrong. But I think the price will
• 6:55
  actually be much, much higher. And what are we learning about
• 7:00
  China, right? I mean, everywhere.
• 7:01
  So we've got Kiyosaki, we've got the European Central Bank, but
• 7:05
  what's China telling us? Let's go see what's happening in
• 7:08
  China. Here's an article from Kitco.
• 7:12
  We got a couple. Kitco, is this from?
• 7:13
  No, this is from Ernest. Hello, Ernest.
• 7:16
  Thank you for your great article.
• 7:18
  Chinese gold demand returns with a vengeance as bullion purchases
• 7:24
  support stability. And we're going to talk about
• 7:26
  how crazy this is with the United States and what's going
• 7:30
  on here with silver and gold purchases.
• 7:32
  Don't worry, we're going to we're going to point out
• 7:34
  something ludicrous that's going on.
• 7:38
  All right. They returned with a vengeance
• 7:40
  as pulling prices support stability while fueling D
• 7:44
  dollarization. Woof.
• 7:46
  It's a lot to unpack there. Gold is getting a big boost from
• 7:49
  Chinese investors once again and mainland demand is helping to
• 7:53
  push the yellow metal closer to last month's all time highs as
• 7:57
  the level of Chinese Chinese system appear to be banking all
• 8:03
  levels of the Chinese system. I apologize, appear to be
• 8:06
  banking on bullion for the long haul.
• 8:11
  The latest customs data released Tuesday showed Chinese imported
• 8:14
  more gold last month than they had in nearly a year.
• 8:21
  What? That's crazy.
• 8:23
  And this despite bullion prices setting a new historic high of
• 8:28
  $3500 per oz in April. Wait a minute, did I read that
• 8:31
  wrong? Latest customs data to show
• 8:34
  China imported more gold last month than they had in nearly a
• 8:39
  year. OK, not I don't know.
• 8:42
  That's weird. Anyway, either they imported
• 8:46
  more gold last month than any other month in a year, or they
• 8:49
  imported more gold last month than the entire previous year.
• 8:53
  I think the former is most likely the case.
• 8:55
  But remember this about China. And when I talk about China,
• 9:00
  we're talking about India. China and India love gold and
• 9:04
  silver. China and India both have 1.4
• 9:11
  billion people each. Both China and India are the
• 9:15
  world's fastest growing economies.
• 9:17
  Both China and India will wrap it all back because This is why
• 9:21
  it's a big deal, right? Those people, silver and gold
• 9:24
  are ingrained in their culture. I know a lot of Indian people, I
• 9:29
  love them. I know a lot of Chinese people.
• 9:31
  I know more Indians than Chinese.
• 9:33
  But nonetheless, I love them all.
• 9:34
  They're great. They all, they love me because
• 9:37
  they all love gold and silver. They know like they know that
• 9:41
  it's a smart way to store wealth outside of the paper, you know,
• 9:46
  make believe La La Land Fiat money system.
• 9:51
  I digress. All right, so let's just let's
• 9:53
  just review quickly here. We got Robert Kiyosaki telling
• 9:56
  us this end of the world is here, the end of the financial
• 9:59
  system, $25,000 gold, $70 silver.
• 10:03
  We've got the ECB telling us that we could, we could, could
• 10:07
  have a gold squeeze. And now we hear about Chinese
• 10:10
  demand for gold despite the in fact, we're at record highs
• 10:13
  going through the roof. What about the United States of
• 10:16
  America, right? That great country that I live
• 10:20
  in and I love my country, no doubt about it.
• 10:22
  I don't like what our leaders have done over the last several
• 10:25
  decades. Gross financial mismanagement.
• 10:28
  That's not a political statement.
• 10:29
  It happened by both parties, right?
• 10:32
  We are up a Creek without a paddle.
• 10:34
  But do your fellow Americans, right?
• 10:36
  The ones that watch the, the cable news, the sheeple, are
• 10:44
  they are they clued in? That's a good question because
• 10:48
  I'm hearing from bullion dealers that like people are selling a
• 10:52
  lot more gold back to the coin shops, back to the bullion
• 10:56
  dealers, then they are buying. And then my question is, do you
• 11:00
  think you have the answer to this?
• 11:02
  I bet you do. Where do you think all that
• 11:04
  gold's going, right? If Americans are selling it and
• 11:09
  the Chinese and the Indians are buying, maybe all that gold is
• 11:16
  going from here to there, right? Hold on right here, here's a
• 11:21
  beautiful piece of silver. This is beauty.
• 11:23
  This is one of my favorite of all time.
• 11:25
  This is from First Mint. It's a one ounce silver round.
• 11:29
  Hold on to it tight guys. I'm telling you because because
• 11:33
  the Chinese are trying to suck all the gold and silver.
• 11:36
  Oh, I'm on the fake background. Hold on a second everybody and
• 11:43
  then we're going to talk about about first minute.
• 11:44
  Let me see if I can fix this hold on settings.
• 11:49
  How did that happen? Virtual background and what the
• 11:54
  heck happened there? That is weird None.
• 11:58
  Let's see if that fixes it all right, I'm back.
• 12:00
  Can you see me better now? Sorry about that, guys.
• 12:05
  Yeah, I had a virtual background.
• 12:07
  Anyway, let's look at this again.
• 12:08
  This is a Buffalo round from First Mint.
• 12:10
  First Mint is get a coin again. I am.
• 12:14
  There we go. Thank you, Susie.
• 12:16
  Everybody say hi to Susie. She's on the walkie-talkie.
• 12:19
  That's the that's the Buffalo side.
• 12:21
  But this got to be careful. Here is absolutely.
• 12:25
  It's my favorite silver picture in the whole wide world.
• 12:28
  That Indian look at that isn't that beautiful.
• 12:31
  See where it says First Mint at the top.
• 12:33
  So First Mint is sponsoring there it is right there, the
• 12:37
  gold and silver focus content. You know that First Mint is
• 12:40
  owned by First Majestic Silver, right, led by Keith Neumeyer.
• 12:44
  So the silver that you can buy from First Mint comes from First
• 12:50
  Majestic Silver. It comes from their mines in
• 12:54
  Mexico, right? And then that silver gets
• 12:56
  shipped to Las Vegas, NV, which is where First Men is located,
• 13:00
  where it's turned into world class silver bullion products.
• 13:04
  And then from there it goes directly to you.
• 13:07
  So it's really cool. This is like brand new silver
• 13:10
  from the mine to the meant to you.
• 13:13
  Do you notice there's something missing there?
• 13:16
  Yeah. There's no comex, no LBMA.
• 13:18
  This right this beautiful show you one more time.
• 13:21
  You got to check this out. I just, I honestly love, love,
• 13:25
  love that this silver right here has never been touched by the
• 13:30
  Comex or the LBMA. And I salute Mr. Keith Newmeyer.
• 13:34
  Look, go back and check. 2-3 years ago, I would call him the
• 13:38
  royalty of the silver world, right?
• 13:40
  He was triple digit silver. That's a big deal.
• 13:43
  You can go to their website, firstmintfirstmint.com, a free
• 13:48
  shipping over $199. And as a special bonus for you,
• 13:54
  they have a special discount code VIPRBVIP Ron's basement.
• 13:59
  I want to say thank you to Firstment for sponsoring the
• 14:02
  gold and silver content. Guys, I'm not able to be here,
• 14:05
  not able to be on without the help of the sponsor.
• 14:08
  So go check them out. Thank you.
• 14:10
  What else is going on? So we heard about what Kiyosaki
• 14:12
  said. This is big.
• 14:14
  This is the scary part. Warning you.
• 14:16
  OK, I'm warning you. Oh, you know what?
• 14:19
  First, let's go here, we got to talk about the United States,
• 14:24
  right? All that gold and silver that's
• 14:27
  being sucked out and this so this doesn't make another one
• 14:29
  from Ernest. Thank you, Ernest.
• 14:31
  Costco just announced A2 bar per 24 hour limit on gold purchases.
• 14:38
  So that's the, that's the, that's what's going on here in
• 14:40
  the United States. They introduced the new limit on
• 14:43
  how much gold its members can buy.
• 14:45
  They did this just on Friday of last week.
• 14:47
  Customers attempting to buy three or more of the company's
• 14:51
  one ounce gold bars will now receive the message limit of 1
• 14:55
  transaction per membership for with a maximum of 2 units per 24
• 15:00
  hours. So I mean, we already know that
• 15:03
  on a big worldwide basis, the whole gold market in particular,
• 15:07
  we know what's going on with silver.
• 15:09
  And now Costco's only letting people buy too.
• 15:12
  People that shop at Costco though are, are a little, I
• 15:14
  don't know. I, I always say they seem to be
• 15:17
  the, the, the, the smarter people out there.
• 15:20
  So maybe they're ahead of the curve, the Costco moms and
• 15:24
  Costco dads and wanting to get their hands on some gold and
• 15:28
  silver. OK, major news last Friday,
• 15:31
  Moody's downgraded the United States debt.
• 15:33
  You know that, right? What we didn't get, didn't get
• 15:36
  much attention is Moody's then subsequently also downgraded the
• 15:40
  debt of the big banks. This situation that is happening
• 15:44
  right now with interest rates could really, and this is what
• 15:48
  Kiyosaki is talking about, really tear apart.
• 15:52
  But what is happening in the world right now?
• 15:55
  Hold on here, view tab. Why is that not there?
• 15:59
  It is. OK, Now you can see it.
• 16:01
  Moody's downgrades JP Morgan, Bank of America and Wells Fargo
• 16:05
  after the US credit rating is cut.
• 16:08
  So big news out of Reuters that's not getting any
• 16:11
  attention. Guys, look, here's the
• 16:13
  situation. The bond yields are going up
• 16:16
  because no one wants to buy because the world knows nobody
• 16:19
  wants wants to buy a debt from a bankrupt country, basically.
• 16:24
  I hate to be so blunt about it, but that's just what's going on.
• 16:29
  As a result, interest rates are going higher and higher and
• 16:32
  higher. Let's go out and take a quick
• 16:33
  look and see where we sit today on the 10 year and the 30 year.
• 16:39
  And let's go back here. Make sure I got you shared,
• 16:44
  which I do bonds. OK, All right, Wrong screen.
• 16:52
  I know Susie, I'm going to do it right now.
• 16:54
  Here we go guys. Sorry about that.
• 16:56
  We're on CNB CS website right now.
• 16:58
  OK, so the 10 year has dropped a little bit.
• 17:05
  Hold on, there we go. OK, so you see the 10 years back
• 17:11
  at what, 4.547 getting about 4.5 was a big deal.
• 17:17
  Shoot, they're not showing us the 30 year.
• 17:20
  The 30 year had gotten above 5%, but the 10 year is really the
• 17:25
  bellwether. Now the big situation here, the
• 17:27
  big problem is that look, just five years ago we had interest
• 17:32
  rates at .5%. Interest rates have gone up like
• 17:36
  9 times right from .5 to 4.5. That is sending massive, massive
• 17:43
  reverberations through the economy.
• 17:45
  Think of this, if you borrowed money at 1%, a $100,000, OK,
• 17:51
  let's let's just say $1,000,000 you, you borrowed $1,000,000 at
• 17:55
  1%, you're going to be paying about $10,000 a year in
• 17:59
  interest. If that rate goes to 5% or 6% or
• 18:03
  7%, your interest expense goes up by 5-6 times to 50 thousand
• 18:09
  $60,000. That's exactly what's happening
• 18:12
  right now to the United States government.
• 18:14
  We don't have to pull up the debt clock.
• 18:16
  Just imagine it, right, $37 trillion in debt, right?
• 18:21
  And that all that debt has to be refinanced, that rolls and rolls
• 18:25
  and rolls. It is going to create a massive
• 18:28
  increase in interest expense for the US government that the US
• 18:31
  government cannot afford. OK?
• 18:33
  On top of that, we've got all this news about the new whatever
• 18:38
  spending bill that's being passed, and that's going to
• 18:40
  increase the deficit. It's a big mess.
• 18:42
  But those higher rates also affect consumers.
• 18:45
  Those higher rates also affect corporations, right?
• 18:49
  If their interest expense, corporate America has trillions
• 18:52
  of dollars in debt that they need to refinance, that will
• 18:56
  make their interest expense go up, which will make their
• 18:58
  expenses obviously go up, their profit go down, and that could
• 19:02
  have a very constricting effect on the overall stock market.
• 19:07
  OK, It's not a good situation. And the cherry on top is the
• 19:11
  banks, right? There are the banks, Bank of
• 19:13
  America, you all these big massive banks that bought right
• 19:17
  a ton of these U.S. Treasuries at .5 or 1%, and his
• 19:23
  interest rates go up, the value of those treasuries go down.
• 19:26
  If you heard of a banking crisis, OK, it's a big deal.
• 19:30
  It's scary. OK, let's look at what Kobassi
• 19:33
  had to say about this. Here we go And.
• 19:45
  OK, the Kobesi letter says what just happened.
• 19:49
  This was yesterday at 1:00 PM. Yesterday the S&P fell nearly 80
• 19:54
  points and 30 minutes without any major news.
• 19:57
  What actually happened was a week 20 year bond auction which
• 20:01
  sent U.S. Treasury yields soaring.
• 20:03
  OK, so yesterday, right, they had a 20 year bond.
• 20:06
  Hold on here guys. There we go.
• 20:12
  They had a 20 year bond auction. And nobody showed up.
• 20:15
  Nobody. the US government was like, hey, we want to sell a
• 20:18
  bunch of U.S. Treasuries.
• 20:19
  Nobody showed up, right? It was a failed auction because
• 20:24
  people are waking up. And what happened as a result?
• 20:28
  We saw a little like flash crash or a not a good situation
• 20:33
  basically in the S&P. What's the S&P 500 at right now?
• 20:37
  Hold on, let's go take a look, Right.
• 20:42
  The S&P 500 is right now at about 58, about 6000.
• 20:50
  So more than 1 1/2 percent. Oh, oh, where did it go?
• 20:55
  There it is a drop in the market, right, because the bond
• 21:01
  market is failing. It's up.
• 21:05
  Susie was going to say something to me, but she decided not to,
• 21:08
  right? But so that's what's going on.
• 21:09
  This is this is, this is what Robert Kiyosaki's talking about.
• 21:14
  This is what Larry Leopard is talking about.
• 21:16
  This is what Ray Dalio is talking about, right?
• 21:19
  The founder of Bridgewater Capital, right?
• 21:23
  The the one of the biggest hedge funds in the world.
• 21:25
  He started it out of his apartment, it grew.
• 21:28
  And the guy is smart, right? The system is not sustainable.
• 21:32
  Now, what does that mean for gold?
• 21:33
  What does that mean for silver? Look, at the end of the day, if
• 21:36
  we're using dollars as the unit of measure, right, to say how
• 21:41
  valuable this is, an ounce of silver or an ounce of gold, the
• 21:46
  only thing that can happen is printing of money, dilution of
• 21:51
  the currency, big inflation, right?
• 21:54
  So if we're going to use the dollar to measure as a unit of
• 21:57
  measure for gold and silver, we will see much higher prices.
• 22:01
  I know, right? Look, look, I've been down here
• 22:04
  making videos about gold and silver for what, four years now?
• 22:08
  And and back in the day, see the old bear back there, that bear
• 22:11
  used to be blindfolded and the blindfold said $2500.
• 22:16
  A lot of you remember that. And you, that's when gold was
• 22:19
  14112 hundred 1600. And people would say, Ron,
• 22:23
  you're nuts. You're lying to people that gold
• 22:27
  could ever get to 2500, right? You're a shill.
• 22:30
  You're trying to sell gold then, which I wasn't.
• 22:33
  But anyway, if none of that was true, I believed that we would
• 22:36
  see 2500, and it came right around the time frame that I'd
• 22:40
  looked at. Now we've had, we've hit $3500
• 22:45
  gold, and I'm going to tell you something about silver, and I'm
• 22:48
  going to tell you that right now.
• 22:49
  OK, Listen up, OK? Silver has even more to run than
• 22:54
  gold, in my opinion. I don't buy this idea.
• 22:57
  Somebody said it the other day that, oh, silver's not just
• 23:00
  becoming it really silver, right?
• 23:03
  Silver was money before gold was right.
• 23:08
  Look it up, send me an e-mail if I'm wrong, but I know I'm right.
• 23:12
  Silver was used as money in this world before gold.
• 23:15
  Silver is a monetary metal. Oh, the fact that it's an
• 23:18
  industrial metal, well, that's just a cherry on top.
• 23:21
  That's just a bonus. Okay, so that's where I think
• 23:25
  we're going. If if you look $60.00 silver by
• 23:28
  April Fool's Day 2026, I'll sit down here and say I'm the fool.
• 23:33
  I don't mind, right? But I think I'm going to be
• 23:35
  right. Let's go take a look.
• 23:36
  The other big thing happening right now, Japan's bond market
• 23:41
  is imploding and you've heard of the yen carry trade that's
• 23:45
  imploding. That's when people were
• 23:47
  borrowing yen very cheaply and using it to buy other assets or
• 23:51
  investments that made more money.
• 23:53
  It's not good. It's not it's not a good
• 23:55
  situation. Let's go take a quick look at
• 23:59
  the DXY index guys, and you know what?
• 24:02
  We'll go look at the debt clock for fun too when we're done
• 24:05
  there. Oh boy, the DXY broke above 100
• 24:09
  again. This is the key level that we
• 24:12
  are watching, and there is a big fight going on.
• 24:15
  This right here is a big deal. The DXY index, the DXY index,
• 24:21
  for those of you who don't know, is an index.
• 24:24
  So it just compares the bunch of cruddy Fiat currencies.
• 24:28
  It compares the dollar with the yen with the euro, I think the
• 24:32
  Swiss franc few other currencies.
• 24:34
  It is not a it is not a measure of value and let me explain to
• 24:38
  you why And very easily we can see that if we look at like a 50
• 24:43
  year chart of the DXY index. Look, we're at 100 right now.
• 24:48
  We were at 100 back in 1986. We were at one O 7.
• 24:54
  We were at, oh, here, look back in 1986, you were probably alive
• 25:00
  then. The DXY index was at 116.
• 25:04
  So I'm going to circle that. This is critical to understand
• 25:08
  this concept right here. OK.
• 25:10
  This was 1986. So that means that in 1986
• 25:18
  measured by the DXY index, the dollar index was 115.
• 25:23
  The dollar was 15% stronger in 1986.
• 25:28
  So I ask you a question. If you took that means in theory
• 25:34
  that if you took $100 bill today to the grocery store, that you
• 25:39
  should actually be able to buy 115% of the groceries that that
• 25:45
  same $100 bill would have bought you in 1986.
• 25:48
  You know that's foolish, right? $100 bill in 1986 would probably
• 25:55
  have bought you at least two if not three times as many
• 25:59
  groceries. So nonetheless, you didn't ask
• 26:02
  for that bit of education. This is critical, this is key.
• 26:06
  This will will have an impact on the metals as we go forward.
• 26:10
  But right there is the 100 level where I underlined and I will
• 26:15
  draw a line across here. As you can see in this area
• 26:19
  right here, I kind of draw a line on top of it.
• 26:22
  We've been fighting to stay above 100.
• 26:25
  The lower that index goes, the the more favorable, the more of
• 26:30
  a tailwind that will be for the precious metals.
• 26:33
  But again, the key thing to remember here is that
• 26:37
  essentially what we're talking about with the DXY index is
• 26:42
  comparing, you know, the best four cars on the worst used car
• 26:47
  lot in your, in your hometown. Or another way I've heard some
• 26:51
  people talk about the DXY, it's like, it's like 4 guys jumping
• 26:54
  off the top of the Empire State Building and then comparing
• 26:57
  themselves. Like who's falling faster, who's
• 26:59
  falling slower? Doesn't matter.
• 27:01
  They're both headed for the same eventual demise.
• 27:05
  Other big stuff going on right now, the world geopolitically is
• 27:09
  not calming down. Yesterday we had this word that
• 27:12
  they're considering 500% tariffs.
• 27:15
  Russia in the United States. I apparently aren't getting
• 27:19
  along too well again. So we're talking about 500%
• 27:23
  tariffs, not on Russia, but on countries that buy energy from
• 27:27
  Russia, big countries, I think Turkey was in the list,
• 27:30
  whatever. So on a geopolitical level, we
• 27:32
  are still in a very precarious situation.
• 27:36
  So everywhere we look, guys, look, I remain totally
• 27:39
  optimistic, bullish on the precious metals.
• 27:42
  I love precious metals. I always have, always will.
• 27:45
  You know, they're the timeless store of value.
• 27:48
  Kiyosaki is talking about 25K gold.
• 27:51
  The ECB is talking about fragility in the system that
• 27:55
  could lead to a squeeze in the gold market.
• 27:59
  We've got China importing gold at a feverish pace, right?
• 28:04
  And on top of that, Costco has decided to limit the amount of
• 28:07
  gold that their customers can buy.
• 28:10
  Hey, thank you for joining me. I do want to say thank you.
• 28:12
  My other channel sponsors Ledger.
• 28:14
  Ledger is the hardware wallet. Don't forget to say hi to the
• 28:20
  people in the chat. Sorry to interrupt.
• 28:23
  You're fine, Ledger. Thank you, Susie Ledger is the
• 28:28
  hardware wallet crypto security leader and Moon Pay, right?
• 28:33
  They are the most innovative and fast growing company in the
• 28:37
  fintech sector. Those are companies you're going
• 28:39
  to hear about in the future. Also, Susie would like me to say
• 28:43
  hello to some people and I would like to say hello.
• 28:45
  So let me pull up the comments here.
• 28:47
  If you want me to say hi to you, say hi.
• 28:52
  Tell me where you're joining from, whatever.
• 28:54
  Hey, Debbie, good to see you. Hey, SOV, all right, there's
• 28:58
  Jerry gerrymandering. All right.
• 29:01
  I'm waiting for the comments to come through.
• 29:04
  There's run gun gerrymandering. There's Susie.
• 29:09
  Hey, Randy, good to see you. Hey, Jerry again.
• 29:12
  All right, let me go down here. Anybody wants to say hello?
• 29:17
  This. Oh, hey, ODBG.
• 29:20
  Old dirty bastard Garage. One of my original favorite
• 29:23
  usernames ever. ODBG.
• 29:26
  Good to see you, brother. Hello, SLV.
• 29:28
  Alita Papajado. Debbie S All right, guys,
• 29:33
  Ronski. Yeah, we're back.
• 29:35
  Run gun. You got it, guys.
• 29:37
  All right, thanks to Jake from Jake's Custom Parts.
• 29:39
  I don't know if he's on here, but he's usually on.
• 29:41
  Great, you know, foundational member of our community.
• 29:46
  Guys, it's going to be interesting.
• 29:48
  You know, it's going to be interesting to see how all this
• 29:51
  plays out. One thing for sure, we can all
• 29:54
  be there for each other. You're always welcome in the
• 29:56
  basement. I want you to feel like you
• 29:58
  found a home away from home again.
• 30:01
  Please, if you haven't already, subscribe to the channel.
• 30:04
  Share this with your friends. Be careful out there.
• 30:07
  All right? Take care.
• 30:08
  And I will see you. Yeah, you next time.