🚨SHOCKING🚨 China's SILVER Price "RUG PULL" on the COMEX... (Gold Price Too)
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- čas přidán 12. 06. 2024
- In today's video, we are joined by Pat Holland www.mofree.org/ who breaks down yesterday's big news and uncovers the truth behind the headlines! We'll dive into the latest inflation numbers and the Federal Reserve's controversial decision to reduce rate cuts from three to one, exposing their ongoing deceptions. The real story is the theft of American wealth by the Federal Reserve-a sentiment echoed by historical figures like Thomas Jefferson and Andrew Jackson. We’ll explore the devaluation of the dollar, the situation in Shanghai’s silver vaults, and the declining gold supply impacting future prices. Plus, insights into the Chinese Central Bank’s gold strategy and what it means for global markets. Join us as we debunk the distractions and focus on the real issues affecting the economy and your financial future.
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Thanks for watching Basement Dwellers. Thank you to Mr. Pat Holland for being my guest today. Have a great day 😉
Hope your right
I put all my money in silver. Trying to offset my eventual inheritance being kept in cash.
SMART MOVE.
I was under the impression that "The Wizard of Oz" was about "The Crime of 1873" when silver was demonetized.
When majority of silver miners slow down production........silver prices will sky rocket......
People of Missouri needs to make poloticians like Dean Blocker accountable to them.
Thank's Pat, what a good voice for radio
Canadian here. Au & Ag are tax exempt, but very few Canadians use the PMs as savings and a hedge against inflation. Having said that, it’s highly likely we the people hold more Au collectively than the BoC… as the Trudeau family saw it fit to get rid of all our gold… made possible by Trudeau senior while he was in office and the remaining holdings of OUR gold sold off by junior at the beginning of his office in 2016. Its going to get really brutal here in Canada, all the remaining money is fleeing… as we’re getting taxed into poverty.
Silver will just break your heart and piss you off.
Silver is just another colour chip in this gambling World. casino
the phony paper price is a complete joke. these prices will be long gone as the next spike in dollar devaluation hits from the saudi oil petrodollar deal ending. I kind of hope the silver price drops a lot as we all know what the Reality is for supply and demand, so if the paper price goes down I get to buy more on the cheap!! Take it back down to 15!! I hope the gold price holds up so I can trade gold for silver and get More Silver too.
LIKE YOU SAID SUPPLY AND DEMAND ..................IF ITS NOT IN YOUR HAND YOU DONT OWN IT THATS SUPPLY AND DEMAND. LARRY C.
Silver at $28 and dropping like a rock
Comex n Lbma control prices not China
Lets see some of Rons silver and gold
When they can bring it down low enough to get the shorts out of the paper not untill.
It is neither funny, or sad. its pathetic, the last hurrah!
Pretty sure the flying monkeys in the Wizard of Oz must’ve represented our politicians…….😂😂😂😂😂😂😂
China $33, SD bullion $32.99 😂
USA is rich with sliver gold and oil to but not allowed to dig for right now
When you have crooks shorting the market all day every day this is what you get.
Ouch! Heading lower, lower, lower.
To buy More and More and More
Nope! Take profit. Wait till it goes back to $17, then get in again. Common sense amigo.
Great guest ron. Thank you pat!
I enjoy your content Ron. Our situation is not the best BUT still committed to buying no less than 10 ounces of silver each month for the rest of the year.
I may be in the minority BUT if the silver price is lower for a while, I am really good with it. We have enough already and the rest is gravy.
Having some stuff at a country house and the retirement in miners provides some peace.
Sleeping well is a good thing. Buy silver and buy gold (and have a relationship with God). That is my best hope for all.
Thank you Rob and for sharing your thoughts
Pat is always a great interview when he is on the show ! Thank you sir for always giving us your thoughts and time
Yes, Pat is awesome
Thanks for the updates
Making excuses for why silver prices are plummeting.
No matter what happens. Don’t sell Silver until it’s one to one for Gold!!
You can buy silver to gold ratio close to 80 to 1, but it's mined at 7 to 1, and the last hundreds of years it was mined at 17 to 1. Just think about it???
Never -lol.
Even if Silver was at $35+ Ounce, I wouldn’t Sale at All!!! I’ll be honest at 49+ Ounce might think about Selling half of my Silver Stack. And Invest in something else like in Stock or buy little Gold!!!
Only FED will be left to buy the debt.
lowering rates will unleash more inflation and the situation in the US is already so bad you will end up having a civil war once food prices surges another 30-40% with a weak dollar.
Always learn something new when you 2 get together!
I love rug pulls if I'm looking to buy. The massive increases in demand over several years has me hyped as I have also seen silver mines moth balled and other mines not built because they were non-economic at the sub $30 price. They kept the price manipulated down too long, now it has grown into a BIG DOG that is biting them in the cajones for several years to come. 2030-2032 looking veddy veddy "Gut" to me.
Thank you pat 🎉for all your wisdom & knowledge you provide us 🙏 blessings to you & your family & thank you Ron your channel is a blessing & blessing to you & your family as well 🙏🙏🙏
You are so welcome Alan
Great Informative & Entertaining Video
Glad you enjoyed it Oldstacker!
RON- IM WORRIED...SILVER IS REALLY RETRACING BELOW KEY $30 MARK. BANKS STILL MANIPULATING IN THIS ENVIRONMENT. JUST CRAZY. EVEN ANDY SCHECTMAN SAID THE SAME THING!
But worry solves nor helps ANYTHING, so do not worry.. BE PATIENT! it can go to or below $24 the next weeks, tho unlikely, this summer, it's possible. Summer, election year? All numbers are cooked by the LEFT.
Don't quote Andy Schectman....it makes you look foolish. A bear flag is forming. Soon, you will be able to buy $20 silver again.
Pat❤️
The Big Debt Problem is Always "at Least Years Away" From Being a Problem. "Not This Year or Next" For Decades. The Fed Could Easily be Doing Covert Monetization
I put solar on my house
Love it
Live in Florida so it’s great
That is awesome!
The Fed is lost in space! Powell is doing a financial tap dance!
Brother silver maximum down price brother
Current low Silver prices benefit Stackers. Historical Silver reserves are being used up faster than expected (even a short while ago) by Industry & the Global PV expansion. The current Silver price offers Stackers (maybe a final window) to accumulate Silver at an affordable price. And, as Silver reserves become more depleted, anyone that NEEDS Silver will HAVE to "COMPETE" to buy it. Ultimately: Scarce Silver = More Expensive Silver.
That was an awesome analogy LoL
What was?
Life was much better during the cold war There was balance throughout the world No one overstepped their boundaries everyone kept each other in check Life was better when we were on the gold standard Governments could not get the fat bankers to print
Scrip, the US is issuing Scrip to be used at their company store at two percent less efficient than you make it so it never quite saves up.
THE VERY BIG MOVE IN SILVER IS NOW CONFIRMED THE CHARTS HAVE SILVER GOING UP NEAR $50 OVER THE NEXT 3 MONTHS BUT COULD BRAKE AT ANYTIME NOW AND MOVE VERY FAST.
Ron can u do a discussion on storing metal in vaults vs at hand. Are vaults safe. Which ones
"I don't think that is going to happen..." lol - it's closing below $29.
$29.62 AT 6.45pm
👍👍👍👍👍👍👍👍👍👍👍👍👍
Dorthy’s slippers were ruby slippers not silver
Ron silver is getting ready to explode trust me.
yea like bubble wrap
This Pullback Got My KAG Purchase Order Paying w/ KAU Filled on Kinesis. No Gvt Currencies Involved, Can Also Use Kinesis Tokens to Buy Kinesis Mint & "SilverBack PM" Rounds. ... I Wish Ron Would Cover This System
The SILVER rush is coming !!! 😋Mmmm!!
LOL @ Shanghai LOL Ron.
I'm still laughing.
We asked Mexico for their silver in exchange for dollars. This arrangement has worked last 100 years but now Mexico told us to pound sand. Comex is short silver. Buy silver eagles at your coin shop. Sell gold buy silver
Why silver eagles and not rounds?
Best buy price silver
What happened to the cup and handle and the once we break 30 it’s off to the races scenario
He doesn't know a cup and handle from a bear flag...lol.
yes but it does not go up or down on purchases or sale of physical metals it is all through criminal activity
Ron… where can we find the calendar for 2024 Bank Failure Schedule?
You know there is one!
“They” know which bank is in trouble, because they know who used the BTFP. So where’s the calendar??? 🤡😊. We’re doomed!
28 support
Ron when something don’t make sense something is wrong I trust that referring to Shanghai situation they will buying it up tonight 😊
They don't seem to be. Silver continues to plummet.
I hope we can chalk up the current pullback, in part, to the usual summer doldrums in the metal markets. Not looking for an uptick till after the election toward next year. Just hold it for now.
Proper state of mind.Get out, but u the dips, Enjoy SUMMER, Travel, rendvous, explore, enjoy life, travel. Don't worry, patience..
If it goes under 30 again it's to get the week hands... problem is not many left most are holding til 100
Yep silver walks over gold
Doesn't seem to be.
@@ryanausterlitz8864 patience
Don’t worry. Must remember silver is a very fickle lady. She always has been. But she’s just so darn pretty
Best reason I've heard yet!
Your mom should bake you cookies to eat in the basement. 🙂
Lookout below buy at 22.50 couple more weeks and I'll jump back in😊
If your right, many junior miners will go under. The shortages would put big pressure on the price. I think 28.00 is the new base.
Lol
WE are heading for a major Crash
Back up the truck
Garbage talk. Why Comex can smash silver price down $2/ Oz in a few trading hours. They control the market not this buying of physical by Shanghai gold exch as portray. On 5 billion $ will buy a year production in physical. A drop in this pail of world casino gambling. Good entertainer
$26 would be a nice dip
got silver?
The ice is melting. We need more solar and wind. And conservation. Our kids deserve a planet that is not 125 degrees.
And the ice is getting thicker in the south pole why is new york not under water more jokes you spread
It's apparent that Ron is a great guy, but he's out of the loop just like the rest of us.
Hi, Ron. I know you you like the playfully mispronounce words, but so many people mispronounce “hegemony”, I thought you might check google to see how it’s correctly pronounced in USA!
Heh-gem-ony!
That's actually one word I seriously can't pronounce 😸
If silver wants to go to 26 on every payday, I’m cool with it
Your paydays are ending amigo. Silver is going a lot lower than 26.
Hey Ron I love your channel and all the information that you give to us for absolutely free! But why do you always Mock and make fun of certain people all the time? Like the way you say Shanghai in a very condescending way. Or when you talk about the people in England or something you always have have to do a weird accent. I don't know I'm sure other people find that offensive
I apologize. Never my intention to offend, be condescending or make fun of anybody. I have a unique sense of humor, to say the least. Some may not like that and that is perfectly fine. Appreciate you sharing your thoughts.
Fed to lower 0.25 at next meeting. Bank on it.😉
Still dropping! Bear flag forming.
Looks like a bear flag.