AI Summary
5 min readMetals Are Signaling Something Big
The host of Ron's Basement opens with a warning: this week, every Federal Reserve governor will be wheeled out for speeches at economic clubs and fancy lunches, and their collective squawking — "like crows on a power line" — could move gold, silver, and copper markets in the short term. But the long-term picture, he insists, remains overwhelmingly optimistic.
Sentiment Is Awful — And That's the Point
The episode leans heavily on analysis from Jesse Colombo, who writes the widely followed Bubble Bubble Report on Substack. Colombo argues that after the Fed meeting, precious metals have "reset their overbought conditions" and are now positioned for the next leg up. His most striking observation: investor sentiment in precious metals is "awful once again."
The host agrees, grading current sentiment at a C-minus or D. "From the mud grows flowers," he says. Colombo views low sentiment as contrarian fuel — bull markets, he notes, have a "remarkable tendency to take as few investors along for the ride as possible." The January-to-August correction, in his view, was a healthy pause within a bull market that began only in 2024 and has "at least another eight years to run."
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What you'll learn
- 1 (01:01) **All-Clear Signal for Metals & Fed Speech Warning** - Host declares the all-clear for silver, gold, and copper, then warns that Fed governors' speeches this week could create market-moving volatility.
- 2 (02:31) **Jesse Colombo: Sentiment is Awful (Which is Bullish)** - Top analyst Jesse Colombo argues that terrible investor sentiment is a contrarian bullish signal for precious metals.
- 3 (06:14) **Colombo: Gold Support, 8-Year Bull Thesis, ETF Inflows** - Colombo identifies key gold support levels, reiterates his long-term bull market thesis, and highlights strong global gold ETF inflows.
- 4 (08:29) **Colombo on Silver: Healthy Consolidation After 27% Rally** - Colombo explains that silver's recent pullback is a normal consolidation after a sharp 27% rally in August, resetting overbought conditions.
- 5 (09:58) **Rashad's Wedge Pattern: Could Silver Go to $90?** - The host presents a technical wedge pattern on the silver chart that is expected to resolve within 3-4 weeks, with an upside target of $90.
- 6 (11:20) **Societe Generale (SocGen): 10% Gold Allocation & Commodity Bullishness** - The French bank SocGen recommends a 10% allocation to gold and remains bullish on commodities like silver and copper for Q4.
- 7 (14:26) **Copper: AI Demand, Supply Shortage, and Chile's Falling Output** - The host discusses growing copper demand from AI data centers and a significant supply shortage, highlighted by falling output from Chile.
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Guests on this episode
Show Notes
As gold, silver, and copper rally, structural supply deficits and macro headwinds are setting the stage for a massive commodity supercycle. Driven by surging central bank demand, a weakening U.S. dollar, and plummeting copper mine supply—the primary source for byproduct silver—capital is rotating rapidly into real assets. From China expanding its vault capacity to warnings of untethered bond markets, hard assets remain the ultimate truth teller against spiraling national debt and stagflation.🔴 Learn MORE about Oroco Resources Corp:https://orocoresourcecorp.com/🔴 Learn MORE about First Mining Gold:https://firstmininggold.com/or contact [email protected] 🔴 BUY Silver from FIRST MINT:🚨 DISCOUNT Code: VIPRB 🚨https://firstmint.com/ "From Mine to Mint"🔴 BUY DirtyMan SAFE ✅ https://www.dirtymansafe.com/ 🔥 Use discount code: RON10 for 10% off 🔥 🔥 Or use this DirtyMan link: https://affiliates.dirtymansafe.com/ronsbasement for 10% off and a free gift 🔥 👍DONATE to HOPE WALKS:https://hopewalks.org/Mailing Address: RONS BASEMENT LLC 36 FOUR SEASONS SHOPPING CTR Stall #117 CHESTERFIELD, MO 63017 CONTACTS: [email protected] ⭐FOLLOW ON 𝕏 (Formerly Twitter)⭐: https://twitter.com/BasementRon ⭐LISTEN ON SPOTIFY⭐: https://open.spotify.com/show/3AcS5O5y8GrnBEdsL92VTI⭐LISTEN ON APPLE PODCAST⭐: https://podcasts.apple.com/us/podcast/silver-gold-investing-global-economics/id1741078463⭐FOLLOW ON RUMBLE:⭐: https://rumble.com/user/RONSBASEMENT🌟You Can Donate To RONS BASEMENT: https://www.paypal.me/RONSBASEMENT THANK YOU! RONS BASEMENT LLC 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. Ron is sponsored by Oroco Resources Corp and purchased the stock early 2026. 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. ***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.***SILVER SPOT PRICEGOLD AND SILVERSILVER STACKINGSILVER NEWSGOLD SPOT PRICESPOT SILVERSILVER BULLIONSILVER SPOT PRICE TODAYGOLD SPOT PRICE TODAYINVESTING GOLDPRECIOUS METALS PRICESKITCOPRICE OF GOLD AND SILVERPRICE OF SILVER PER GRAMGOLD AND SILVER SPOT PRICESILVER OZ PRICEPRICE OF GOLD AND SILVER TODAYGOLD PRICE OZJ & M BULLIONBULLIONSILVER NEWS TODAYUS DEBT CLOCKSILVER PRICE PREDICTIONEquinox Gold EQXFortuna Mining FSMFirst Mining Gold FFMGFBrixton Metals BBBXFKinross Gold KGCBarrick Gold GOLDHecla HLFirst Magestic AGGDXGDXJHUI IndexNUGTJNUGWall Street SilverNasdaqStock marketRussel 2000Dow JonesFederal Reserve Bank
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