Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 Gold & SILVER Investor! 🚨 - YOU Best Listen to THIS - (Gold Bugs in Washington DC)
Transcript
- 0:00Startling information for all gold and silver investors.
- 0:04Is President Donald Trump's recent nominee for the Treasury
- 0:08Department, Scott Besent, a gold bug?
- 0:11We have clear evidence that that could indeed be the case.
- 0:15Some would say is the case. I'm going to lay it out for you
- 0:18in this video. But this is the person who's
- 0:21replacing Janet Yellen to head the Treasury Department.
- 0:25And wait until you hear what he said about gold.
- 0:29Let's dive right into this and there's even more interesting
- 0:32information coming out on just what this could mean for the
- 0:36gold price and the silver price guys, we are in for some good
- 0:39times heading down the road. Thank you for being here thank
- 0:42you for being part of the basement.
- 0:44I appreciate you and your time that's why they call it YouTube.
- 0:47Please subscribe to the channel, give the video a thumbs up.
- 0:50But let's go see what Mr. Bescent said.
- 0:54That should have all of us as gold and silver investors
- 0:57extremely excited. We'll head out first to X in and
- 1:02get some breaking. This was breaking news this
- 1:05morning. This came from make gold great
- 1:08again. He said breaking Trump's not
- 1:10Trump nominates a gold bug for the USA treasurer.
- 1:15OK, USA's new treasurer said, quote, and I'm going to play
- 1:19this video for you where he said this.
- 1:21He said, quote, this is Scott percent.
- 1:23He's a billionaire investor. This is the man that Trump is
- 1:27nominated to replace Janet Yellen.
- 1:29And Scott percent said just a few weeks ago, quote, we are in
- 1:32a long term bull market in gold. It's my biggest position.
- 1:39Again, billionaire investor Scott percent soon to be the
- 1:43head of the Treasury Department. And I want to point out also
- 1:46that Peter Spina from gold seek is who initially pointed this
- 1:50out. Now let's go to this video in
- 1:53here exactly from his own mouth. What Scott percent said just a
- 1:58little over 3 short week weeks ago.
- 2:00This was an interview he did on a, on a podcast called the Macro
- 2:04Maven. It's like a high end web, you
- 2:06know, a podcast for where billionaire investors talk.
- 2:10I'm going to play this for you. He was talking about China.
- 2:13But then in just a few seconds, you're going to hear what he has
- 2:16to say about gold. Function in the market that
- 2:21would allow for a sustainable Chinese economy then I think we
- 2:27are in a long term bull market in gold I think we're seeing
- 2:31reserve accumulation by central banks I follow it closely it's
- 2:37my biggest position and even I was surprised the other day when
- 2:41the central Bank of Poland came out and said that they want to
- 2:44take their gold reserves to 20% and you know Ted over my career
- 2:49some of my. OK guys, there we have it.
- 2:52Straight from his mouth, right? He follows gold very closely.
- 2:58It's his biggest position. He's also a billionaire
- 3:02investor. This is also the man who will be
- 3:06heading up the Treasury Department when Donald Trump is
- 3:10placed as president of the United States.
- 3:12This is good for the gold and silver price.
- 3:16But wait, there's even more. Let's go out and see about a
- 3:21rumor, our speculation. I want to emphasize on this
- 3:24behalf, what I just showed you was fact, right?
- 3:28It's his biggest position and it's something that he follows
- 3:31very closely. But Ronnie Stoferly, who all of
- 3:34us know, one of the leading voices in the gold and silver
- 3:37community, had this posted this on X question for the X
- 3:41community. I heard rumors.
- 3:44I want to emphasize rumors. That's what Ronnie said.
- 3:46Rumors that Zoltan Pulsar his recently written about Scott
- 3:51Bassett's plans to revalue gold and issue 100 year century
- 3:58bonds. Does anyone have concrete
- 4:00details on this? So apparently there are rumors.
- 4:04I want to emphasize rumors going around about this idea of gold
- 4:08backed bonds. You've got some comments in
- 4:11here, but then somebody also pointed this out.
- 4:15Judy Shelton, who we talked about on a regular basis on this
- 4:18channel, she wasn't nominated to be a part of the Federal Reserve
- 4:22by Donald Trump in his previous administration.
- 4:25She didn't get through, but she's proposing 50 year Treasury
- 4:29bonds convertible into gold. So things are getting very
- 4:33interesting. Guys.
- 4:35I want to reiterate, OK, this is this is stranger than reality
- 4:40for us precious metals investors.
- 4:42We have a Treasury Secretary, nominated Treasury Secretary who
- 4:47just three weeks ago, three weeks ago, disclosed that gold
- 4:52is his biggest position and he's a billionaire and that he
- 4:56follows gold very closely. Let's also check this out about
- 5:01Mr. Besant because this is interesting information for us
- 5:04to consider as well. He would be if if his nomination
- 5:09goes through, he would be the first gay man to hold that
- 5:14position. If confirmed by the Senate,
- 5:17hedge fund manager Scott Percent would become the highest ranking
- 5:20out gay man in American history. President-elect Donald Trump 10%
- 5:25to be the next Secretary of Treasury, a Cabinet position
- 5:29that is fifth in the presidential line of succession.
- 5:33But it gets even more interesting when Trump describes
- 5:36Besant about this, saying that he would, quote, usher in a new
- 5:41golden age for the United States.
- 5:45Golden age again, Scott Besant, who just three weeks ago said
- 5:50gold is his biggest position in that he watches it very closely.
- 5:54And then we have president-elect Donald Trump saying that Mister
- 5:58Besant would issue in a new golden age.
- 6:01And we have lots of talk about the possibility.
- 6:05Some rumors, speculation about gold backed U.S.
- 6:09Treasury bonds as I think we are in for some very interesting
- 6:14times. And just this fact alone, I'm
- 6:17sorry, I have to repeat it one more time, that our incoming
- 6:21Treasury Secretary appears to be someone who is up, shall we say,
- 6:25fond of gold, could make for some interesting developments
- 6:29within the gold and silver sector as we head into 2025.
- 6:33Now, if you want to get your hands on some gold, silver or
- 6:36platinum group metals before the price potentially goes higher,
- 6:42please consider sponsoring. Consider supporting channel
- 6:47sponsor Pimbex Pi MB EX. They're an online bullion
- 6:51dealer. What they give you is a great
- 6:54selection of products, really ultra competitive pricing and
- 6:58most importantly a company that you can trust.
- 7:01They make Ron's basement, they make these videos in the live
- 7:04streams possible. And also please check out first
- 7:07mining gold channel sponsor Canadian gold developer with two
- 7:11multi million ounce projects in Canada, gold in the ground in
- 7:15Canada and Fortuna Mining. There are producing gold and
- 7:19silver mining company with operations in Latin America and
- 7:23they have an expanding gold mining operation corporation in
- 7:27West Africa. Thanks for being here.
- 7:29It's going to be a great ride. Take care of yourself and I'll
- 7:32see you soon.