**ALERT** GOLD & SILVER Prices: THIS could Happen!

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Welcome to our mind-blowing episode, where we delve deep into the mesmerizing world of the silver market! Prepare to be captivated as we explore the astonishing potential for price appreciation that awaits within this extraordinary realm. Join us as we are joined by the knowledgeable Coin Shop Chris, who will enlighten us on the breathtaking possibilities that emerge during periods of hyperinflation or significant currency devaluation. Brace yourselves for a riveting discussion on how the value of silver, when measured against fiat currencies, can skyrocket to unimaginable heights. Hold on tight as we embark on a thrilling journey, where prices as astounding as $800 or even $8,000 cannot be entirely dismissed. Get ready to be awestruck by the remarkable world of silver and its ability to defy expectations!

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FIRST MINING GOLD (additional information):
Website: https://firstmininggold.com/
Questions: paul@firstmininggold.com Director of Investor Relations
Stock symbol: OTCQX: FFMGF / TSX: FF / FRANKFURT: FMG

Paid Promotion Disclosure: RONS BASEMENT YouTube channel is sponsored by First Mining Gold. Any information shared in this video should not be construed as investment advice or a recommendation to buy or sell the company stock (informational purposes only). Ron does own a significant number of First Mining Gold shares, which were purchased years before the commencement of this sponsorship arrangement.

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#silver #silverprice #gold #goldprice #ronsbasement #stockmarket #economy #federalreserve #silverstacking #goldmines

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Silver, silver price, wall Street Silver, Gold and silver, silver and gold, silver stacking, gold vs silver, housing market, crypto crash, stock market crash

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Informational purposes only. Do not buy or sell anything, make any type of investment decision, adopt a puppy, get engaged or do anything based upon the information I share with you.

My current portfolio:
EQX, FSM, FFMGF, BBBXF, USAS, TSRMF, FSXLF, KGC, GOLD in order of highest to lowest position size.

ALSO hold positions in:
MMM, NOK

SILVER SPOT PRICE
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Treasury Metals TSRMF
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I follow Andy Schectman, Rick Rule, Keith Neumeyer, Frank Giustra, Michael Gentile, Eric  Sprott, Larry Lepard, Kitco, Stansberry, Brent Cooke, Peter Grandich, David Hunter, Daniela Cambone, John Feneck, Bill Powers, Stansberry Research, Rafi Farber, Charles Nenner, Greg Hunter,  Goldman Sachs, Tucker Carlson, Joe Rogan, Peter Schiff, Andy Schectman, Michael Oliver, Kai Hoffman, Steven Van Metre, Jim Rickards, Russel Brand, Gerald Celente, Ed Steer, Ron Paul, J Bravo, Michael Pento, Gregory Mannarino, Lyn Alden, Heresy Financial, Sorelle Amore, I LOVE PROSPERITY, Gareth Soloway, Graham Stephan, Parker Schnabel, Jeffrey Gundlach, Michael Maloney, Alasdair Macleod, Bill Holter

Gold stocks, Gold mining, Investing, precious metals, Silver Mines, Silver Mining
Silver Stocks Rick Rule
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Uranium, uranium stocks, uranium stocks to buy
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Reddit Wallstreetsilver

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47 Comments

  1. It would really help if u guys would give specific events building a strong case toward this on coming event. Im with you line of thinking but, im not hearing u guys say why. There is plenty of info out there that lines up

  2. And for what it's worth one more thing. You're not here to help. You're here to throw hype and to increase clicks. So your opinions and advice is greed for your own YouTube channel.

  3. You know what it's going to go down it's going to go up. How much I don't know. But in a lot of ways you're being ridiculous when you throw out these wild numbers. I'm interested in truth and facts. You might as well say goat cheese will turn into silver and gold. With your wild expectations. With that being said. You have no real benefit here to me. I buy silver and some gold when I can. But your advice and opinion is off the charts. And then make sure you two page not worth watching.

  4. 2 part question…If the US economy does fully collapse and we are forced to ditch all fiat monies…how do we convince and educate the general masses (those who have the goods/services we need to exchange our precious metals for) what the actual worth of the gold, silver, platinum etc. is? How do I get a hotel purveyor to trade me a weeks stay for a family of 4 for a troy oz of silver? Part 2…if silver were to go to $800 or $8000 per oz, who would ever buy it from me at that rate with this recency bias of our current fiat valuation? Bonus question: Does my family starve because not enough people understand the value of precious metals and we have a safe full of bullion?

  5. If you price silver and gold in dollars you are stuck with spot, if you index silver in a coin shop as "spot plus XX$", Chris is right we need to stop thinking in silver in dollars. I suggest we find something else. (if BitCoin had a physical coin, it would be even better, plus you could make better movies)

  6. Sorry guys …but you're both insane!! You should both seek help, seriously! Over the last 5000 years, Silvers previous high?!!! $50!! Common guys $50!! Why did i even watch this? Maybe I'm the crazy one?! Its a wankster bankster scam!! Way too manipulated!!

  7. Like Venezuela?🤣 Fear mongering BS. The US is strong in many sectors in regards to global trade. I encourage people to invest in silver but don’t buy silver out of fear, like this guy is trying to incite (not you Ron)

  8. Thank you for telling us about UPMA. I was looking for a metal backed debit card as another place to put my $$$. I like the idea that it is a co op, cheaper than most private vaults and that it is in Utah that is more independent from the abuse of power by the federal government

  9. Good clickbait for views but not really based in reality. Look at the historical chart. Silver has never gone over $50 (and we have been in some bad times) and it's only been there twice for short periods of time. Since 2005 the trend line is slow growth which is fine for most people looking to preserve wealth.

  10. My thoughts on gold and silver prices ! If silver goes to $8000.00 how much will a loaf of bread could cost then maybe $1000.00 ? $8000.00 an ounce would put gold at about $800,000.00 an ounce ? That is at a 10 to 1 ratio and the real ratio should be 7 to 1 based on how many ounces of silver come out of the ground on average with each ounce of gold ! If that ratio is correct silver should be at least $200.00 right now but it is not so it must be being controlled ! You cant compare the value of silver and gold to the soon to be worthless dollar unless you look at what silver and gold can buy ! The dollar cost of gold and silver is going to soar but it is caused by the buying power of the dollar that is dropping like a rock ! Based on that you could easily become a millionaire but still starve to death ! If you are really concerned about what is happening with this mess DO SOMETHING about it now! Maybe it is too late already ?

  11. If it takes $800.00 for an ounce that means that the USD has failed. That also means the global economy has caved in. Good luck with that.
    You will find out what you are made of then. Silver never changes. People and currencies change.

  12. I don’t believe coin shop Chris is doing your channel any favors. Personally, I don’t think he’s very intelligent. That’s my personal opinion, and I’m not trying to be disrespectful

  13. Way too high…the big boys will NEVER let it get there. They will short it so hard. Coin shop Chris is just
    trying to justify that kind of price movement to push hi product…happening all over right now in the
    metals industry…using the words "if", "what if"…

  14. Will $300 silver purchase any more goods or services than $30. Probably not. If so why do ppl want $300 silver with the probable social consequences?

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