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⚡Silver Shock⚡ – You NEED to See This Before the Next Move! (Gold & Precious Metals Update)
In this video we break down the explosive moves in silver and gold as August comes to a close, with silver futures blasting past \$40 for the first time since 2011 and closing the month strong on the charts. We’ll revisit the historic silver run from \$5 to \$50, compare today’s DXY setup to 2001–2011, and look at whether a COMEX short squeeze could be underway as EFPs between New York futures and London spot prices skyrocket. From the cup-and-handle formation to Jesse Colombo’s breakout analysis, plus foreign central banks now holding more gold than U.S. Treasuries, the signals are stacking up fast. Even though holiday volume has been light, this rally could be setting the stage for something big—though the September Fed meeting may decide the next move. And yes, we’ll lighten things up with a funny story about Indian wives discovering their husbands secretly sold the family silver!
SILVER and GOLD
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RONS BASEMENT LLC is sponsored by MoonPay. Ron was a customer of MoonPay before the sponsorship, and is a current customer today. Ron is also sponsored by Ledger and uses their crypto security device. Ron is sponsored by First Mint and is a proud owner of several of their outstanding silver minted products. Ron is sponsored by First Mining Gold and has owned the stock for over 3 years. Any information shared in this video should not be construed as investment advice or a recommendation to buy or sell any company stock, meme coin or any other investment product (informational purposes only). Ron may receive compensation from affiliate links and discount codes provided.
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