🚨 SILVER Price Turmoil 🚨 - PAUSE or Permanent?... (Gold Price Too)

Рет қаралды 13,927

Ай бұрын

In this video, we delve into the dynamics of gold and silver prices amidst rate hikes and global economic shifts. Despite the recent dip in gold prices due to rising interest rates, we're witnessing a robust rally driven by demand from China, India, and South Korea. Younger generations in these regions are investing heavily in physical gold and silver, unlike in the West, where ETF holdings are down, and speculators are misled by the belief that higher rates diminish gold's value. We discuss key technical patterns, like the 45-year cup and handle, and highlight potential major market changes as Citi Bank warns of a possible crash. Stay tuned to understand why real assets like gold and silver are crucial in these turbulent times, and why a surge in their prices could awaken Western interest, potentially igniting a significant rise in mining stocks.
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Пікірлер: 85

@ronsbasement 28 күн бұрын

Want to revolutionize your approach to gold and gold mining stocks? Check out my webinar with Peter Grandich and Dan Wilton (CEO of First Mining Gold) 👉👉kzfaq.info/get/bejne/m9KKjaSoqK7Se4U.html

@conradlohutko4930 28 күн бұрын

Bank of America is betting its bank by shorting 1.2 billion ounces of silver.

@daveyjones5702 28 күн бұрын

it's the last twitching of the corpse of the old system. the fact that they are not able to push prices down to 25 or less for silver in a matter of days is a strong indication that the manipulators are loosing their power. but they won't loose it all overnight.

@lucyyang7722 27 күн бұрын

If black swan happened, all banks closed, does that mean Fiat currency will become papers? if Fiat currency become papers, does that means sliver and gold price will rise up to the sky? :)

@chandrikadalal5528 28 күн бұрын

The price of silver has gone down in London but the premuims have gone up..

@croatia-oprtalj 28 күн бұрын

The US is hyperinflating!!!

@holaclive 28 күн бұрын

The commercials are throwing derivatives contracts at the prices to knock them down. Basically you now have economic war between the US and the BRICS. The difference is the BRICKS have the physical metal

@theposhhead6308 28 күн бұрын

IMO, it's simply a test of the new $30 support level and it passed. I'm looking for some big moves northward in the coming days/weeks.

@iankingston480 28 күн бұрын

Yes let's end the Fed! I lost thousand in Retirement because of the Fed!

@pammartorano4018 28 күн бұрын

A good day for new stacker to buy!

@georgevillalvazo9154 28 күн бұрын

Hi Susie, and thank you for all that you do during Ron’s basement show!😇

@user-dt3mc4td3d 28 күн бұрын

The greenies are holding down the price of silver.

@MetalsGuru 27 күн бұрын

Ron you are Spot on!

@IvanButtkoff 28 күн бұрын

No manipulation, folks. Nothing to see here. Move along. 🥴🤔🤔🤔🤔🤔

@barbaragall469 28 күн бұрын

Every 4th Thursday or Friday is the lowest price every month. This is when to buy. Options expiry causes this. Unless a short squeeze occurs.

@Schneiw 28 күн бұрын

Its NOT the governments country either, its OUR country.

@mikebrown6854 28 күн бұрын

Great comment.

@C-130-Hercules 28 күн бұрын

It's a roller coaster 🎢..... the loop 🔁 is next. Hold on tight!

@rodneyprice2166 28 күн бұрын

Excellent info.

@ronsbasement 27 күн бұрын

Thanks Rodney

@iankingston480 28 күн бұрын

It's okay Ron. Issue to consider demand continues to increase worldwide supply decreas good and silver will increase.

@N8palmDeath 28 күн бұрын

Don't be scared. NOT AN INVESTMENT. You are simply preserving your wealth. DO NOT SPEND IT. It is there for comfort to spend your crappy dollars. You can spend them more comfortably knowing you are not broke

@kennethblackman3234 28 күн бұрын

Mom calls it hedging your bet .

@raygilreath552 28 күн бұрын

All my stocks are mining stocks except first solar which uses silver

@cherokeecowboy7558 28 күн бұрын

Thanks for your hard work!

@ronsbasement 27 күн бұрын

Thanks for the recognition 😊

@MalContent 27 күн бұрын

As long as Silver stays over $30 we should be fine.

@Schneiw 28 күн бұрын

Not quite sure what to make of it, but if you look at the daily chart for silver, there are long periods of flat lining and then one change and flatine again. Seems highly sus to me.

@cherokeecowboy7558 28 күн бұрын

I love the dips to accumulate more PM's. The lower the price now the better off we will all be when our Fiat Dollars dies. I'm not hopeful for "to the moon". I want more while its doable 😊

@PaulR-lk9ry 28 күн бұрын

Oh Ron thought it was going to $200 an ounce soon as 😂😂😂😂😂

@jshatfield115 28 күн бұрын

It is

@Schneiw 28 күн бұрын

I'm going ot go ahead and guess that chart for Gold Discovery, the exploration side, is in Nominal terms. Would be interesting to see it inflation adjusted. If its nominal, it would be quite misleading, as most stats are :)

@lawrencecole6527 27 күн бұрын

I think the chart will show silver is correcting off the higher highs projection. Speculators who sold on the high might see a greater than premium return on the coming dip. Nobody can make solar use less, the crust have more, Mexico produce more. (Wouldnt it be cool if we started a super effective relationship with Mexico's silver.)

@DanaWebb2017 28 күн бұрын

It looks like they pushed it down to the trend line.

@aramanookian9202 28 күн бұрын

It's a good time to sell Ag and buy some Au...

@billysmith6284 28 күн бұрын

I hope and pray silver goes down to $15.. I’m gonna buy a truckload if it does.. 😊

@theposhhead6308 28 күн бұрын

You should have bought it at $15 when it was there. $20? $25? At $100 you will be saying "I should have bought it at $30? Silver is not an investment. It is a hedge against a failing fiat system of debt. It is asset protection.

@billysmith6284 28 күн бұрын

@@theposhhead6308 I did buy it at $15

@PlasticPellets 28 күн бұрын

Fortuna Fish

@plasticdadaii8225 27 күн бұрын

Don't you reckon that there is going to be a day when stackers will force a gold standard in commercial dealings during a SHTF moment, which seems to play a part in this area, long before the government gets around to it? Who else will demand a Gold Standard first?

@plasticdadaii8225 27 күн бұрын

Massie demands End the Fed, so they voted against CBBC instead. Good step. Slugs move slowly. Slugs, to a vending machine operator, clog the money chute.

@iankingston480 28 күн бұрын

Inflation will not affect increases overall!

@gabrielshaw4729 28 күн бұрын

Gold has dropped $100 in the last 2 days...this is due to the dollar getting stronger....In Asia gold is continuing to go up!

@TheChristonline 28 күн бұрын

100% correct. All the Nations wanting to join BRICS (43) & the 20 that formally applied have all been devaluating their own currencies to strengthen the dollar so as to purchase all the West’s gold & silver.

@faithwalker2313 28 күн бұрын

The dollars will rise as the system crashes. Entities enter into the dollar to save what they have left... not truely knowing what is going on. The naysayers that the Fiat dollar will never die, the govt will always fix it. Those days are DONE!

@daiton-jon-f8179 28 күн бұрын

Our dollar is on life support all the vital signs say last rights. A dollar up or down on metals isn't an excuse for a hissy fit.

@johnnagle7702 28 күн бұрын

Dxy only at 104 ?

@19phift4 28 күн бұрын

104 sitting on a very unstable floor.

@plasticdadaii8225 27 күн бұрын

The older one gets, the higher they want to see it. And the older ones just getting in now, are thinking like everyone when they first got in. And the young newbies can't wait for a crash.

@Jrome3 28 күн бұрын

It's just a pause 😎

@FarrellHamann-dt5tz 28 күн бұрын

🎉having a daffy duck

@lotsofthisandthat9791 28 күн бұрын

Glad I waited to pull trigger. Gonna sit tight until I can get it at $24 or better.

@jasonnash3164 28 күн бұрын

You will be waiting for ever not happening SHORTY!!!

@lotsofthisandthat9791 28 күн бұрын

I’m not short. I’m patient.

@19phift4 28 күн бұрын

@@lotsofthisandthat9791 There will be a day in the coming months that you will not be able to buy precious metals with dollars. My opinion

@lawrencecole6527 27 күн бұрын

I think they need a Centralized Digital Bank Currency so that Ai can trade it at super human speeds and for cheaper than dollars.

@lotsofthisandthat9791 28 күн бұрын

Silver getting crushed. Glad I waited to buy. Waiting for $24’s

@billysmith6284 28 күн бұрын

👍it could drop to $20..

@Jrome3 28 күн бұрын

@@billysmith6284, 😂 Never. 30 is the new support. If that fails then 26-27 will hold. That's the bottom.

@ronan310 28 күн бұрын

From what i understand....JPMorgan and BofA have a huge naked short positions....more than even exists....and there is also a huge arbitrage between the silver in the West and the East....price in East is $35...so this price action is strange...