Oil, gas and mining

**ALERT** Silver Price and Gold Price FOREVER Changed… (Tide has Turned, Debt, War, JP Morgan)



Step into the dynamic landscape of precious metals as we navigate a new era for silver and gold prices. The global geopolitical shifts are reshaping our world at an unprecedented pace, while the G7 nations, notably the United States, grapple with escalating fiscal, monetary, and social challenges. Dive deep into the intricate web of events, exploring the profound impact on precious metal markets. Uncover the staggering revelations surrounding JP Morgan’s influence, crowned as the king of metals price manipulation, and witness the startling comparisons with the silver mining industry that will leave you astonished. Join us on this eye-opening journey through the complexities of the current economic and geopolitical landscape, where the silver and gold markets are at the forefront of transformation.

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Do you scoff when you hear the mention of $40 silver what about $2600 gold many people laugh it off and think it’s never possible in this video we’re going to talk about big underlying factors major currents that have shifted that will make prices like $40 silver and $2600 gold seem like nothing

Major shifts that have occurred in the world in just the last few years guys things are changing like no other time in history and we have to work harder and harder to stay on top of what is going on because it will have a big impact on the silver and the gold price

And I know you love to talk about silver and gold that’s why you come here to Ron’s basement it’s a big honor that you’ve joined me here today please give this video a thumbs up and it’s free to subscribe to the Channel all the content is free although we will say thank you

To our sponsor Fortuna Silver Mines you can check them out at fortunas silver.com but what are these massive changes that we’re experiencing right now in the world they’re going on on a worldwide basis and domestically in the United States and in many of the G Seven Nations you

Hear all about the symptoms that cause short-term fluctuations in the silver price and the gold price I want you to think about it like this in the ocean there’s big currents that exist under the surface on the top there’s waves that can be affected short term by things like wind boats whatever we’re

Going to talk about the big currents that exist under the surface that are supportive for much higher silver and gold gold prices $40 silver $2600 gold one of the biggest issues one of the biggest causes underlying currents that will keep the precious metals prices much much higher is

Geopolitical turmoil and we have that like no other time in history right now I’m recording this video on January 12th 2024 and we have escalation in the war in the Middle East Like We Never could have imagined just a few years ago the United States is bombing Yemen Yemen

Here I’ll read this headline to you the hotties are undeterred after the US Coalition pummels over 60 targets with tomahawk missiles and air strikes the hotties have now vowed imminent response saying the Coalition will quote unquote pay a heavy price and you know the hoodies are essentially Iran ran the

Whole situation in the Middle East from a geopolitical perspective is a huge huge Powder Keg we’ve talked about that many many times but what is one of the biggest fundamental drivers Safe Haven status of gold that will continue to drive the price higher and the world is not becoming a more

Peaceful uh Community type organization we are seeing Strife in turm oil at a level that most of us I’m 53 years old I don’t know how old you are but we have never experienced this in our lifetimes and it’s going on in Europe with Ukraine it’s also going on in Asia with China

And Taiwan guys we have to realize right there’s a lot of noise on the surface but one of the biggest supportive factors for higher silver price and gold price are the safe haven asset that means these countries that aren’t getting along when the world’s not getting along people don’t trust each

Other it happened during World War II right the United States would often require payment in Gold we’re seeing it now the central banks are the Insiders of the financial World they know more than anyone else the world central banks are acquiring record levels of gold for a reason another major current that will

Support higher silver and gold prices are domestic issues in the United States in the G7 Nations we have monetary issues yes our friends at the Federal Reserve who have a little habit of printing money anytime a trouble period arises we also have fiscal issues in the United States a government that has

Racked up$ 34 trillion in debt and continues to run deficits which are absolutely my numbing and we have social and political turmoil domestically within the United States like never before hey those two factors alone worldwide turmoil domestic turmoil in the United States are enough to propel

The silver price to $40 even higher this year in 2024 gold I like to predict by $2600 uh in May and just when you thought things couldn’t get any crazier let’s talk about our old friends at JP Morgan this one will blow your mind they reported their 2023 profit number this morning $50

Billion that’s a new alltime world record Universe high for profit made by any Bank in the history of the world what makes that so crazy is that 2023 was also a year that we had banking crisis a horrible year for banks supposedly 2023 saw bank failures that

Were more in dollar terms than the worst year of the great financial crisis does any of this make any sense whatsoever what’s even crazier is when you look at that $50 billion profit number and you compare that to the 16 or 17 billion total market cap total value of every

Silver Mining Company in the market that means JP Morgan made three times as much in profit alone in 2023 three times more than the total value of all the silver miners whether you look at it on a worldwide basis a domestic basis in the United States or you take a crazy

Example like JP Morgan Chase I think we’re in for much much higher go gold and silver prices as we head through 2024 yes it’s 2024 if you want to get your hands on some silver or gold before everybody else does and maybe the price goes up maybe the availability goes down

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26 Comments

  1. Right on the 12 count on the paper white they create the ETF electricity. Simultaneously, there was conflict geopooitically with tanking if electronic etf and bullflag today on the paper. Odd coincidence dear Watson.

  2. The truth is the United States of America is a warring nation. A simple review of historical fact reveals it has been at war with someone, including itself for more than 200 of it 248 year existance. Not all of it can be justified. I know of no other nation with that kind of track record.

  3. Big Ron…I appreciate the enthusiasm, but a daily mystical Silver Price is hard to take.
    26, 40, 300, 1,000.
    Until the paper market burns….no telling where $ilver market will stabilize

  4. It was 24$ 22nd Dec 2023. It's down 3% if compared. Over a year back, Silver was 23.60$. If anyone was hording silver over a year period, that person lost more than 10% of his saving. That is considered a big loss. The S&P 500 has gained about 10.7% on average annually since it was introduced in 1957.

  5. Ron… yesterday you had a video for 4% decline, then a 3% increase in silver price. For whatever reason beyond our control, silver is bein maniuplated and undervalued. I think when the perfect storm of them saying "whoops, where did the silver go?" and the dollar crashes, then the banks that have been hoarding it (and the silver stackers) will reap the rewards.

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