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**THIS is BIG!** 🦍🦍 SILVER & GOLD Just had a MASSIVE Change... (Shock!) - Precious Metals News

August 21, 2026

AI Summary

5 min read

Silver Touches $70 as Gold's Structural Case Hardens

The host opens with a striking observation: silver rallied from roughly $55 in mid-July to touch $70 this morning—a move that feels different from the 2025 rally because it follows a six-month "Valley of Despair" from January through July when sentiment bottomed out. "Rallies always climb a wall of worry," he notes, and the current frazzled feeling among investors is actually a bullish signal.

Bank Targets, COMEX Volume, and LBMA Suspensions

Two major bank updates frame the near-term outlook. UBS says silver's rally has further to run, citing falling rates, a weaker dollar, and a widening supply deficit—the first time that language has appeared in a while—and targets $80 by late 2027. Citibank is more aggressive: $75 in 75 days, a call they made about ten days ago, meaning roughly $75 by late October. The host emphasizes that banks tend to be conservative, so these targets matter.

COMEX volume tells a parallel story. The silver market traded 500 million paper ounces in a single session. For context, global mining produces only about 800 million ounces per year. "You're gonna try to tell me that's real silver? No, that's make-believe silver," the host says, calling it "Fantasy Island silver."

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What you'll learn

  • 1 Navigation Outline
  • 2 (01:01) **Radical Moves in Silver & Gold** - Host introduces the episode, noting powerful rallies in silver, gold, and mining stocks, and promises to explain the confluence of factors driving the moves
  • 3 (05:14) **Big Bank Price Targets for Silver** - Vince Lanci reports that UBS and Citibank have issued new bullish silver price forecasts
  • 4 (07:29) **COMEX Paper Silver Volume Explodes** - The COMEX traded 500 million paper ounces of silver in a single session, dwarfing annual mine production
  • 5 (09:27) **LBMA Suspends Chinese Refiners** - The London Bullion Market Association has suspended two Chinese metal companies from its good delivery list
  • 6 (11:02) **$25,000 Gold from Pierre LaSon** - Legendary precious metals analyst Pierre LaSon explains how just 1% of world savings moving into gold would send prices to $25,000
  • 7 (14:16) **Mainstream Media Waking Up to the Debt Crisis** - The host shows photos of mainstream TV coverage about $40 trillion national debt and commodity investing

+ Full timestamped outline available in the app

Show Notes

As the global monetary landscape shifts, precious metals are building a massive bull rally on a foundation of negative sentiment and exploding national debt. From mainstream media waking up to $40 trillion in US debt to paper silver markets trading hundreds of millions of ounces, institutional giants like UBS and Citi are eyeing aggressive price targets while gold's share of global reserves triples. Discover why dollar devaluation, failing intervention attempts, and massive paper leverage could drive gold to $25,000 as mainstream capital rotates into physical bullion and gold miners.SILVER and GOLDhttps://www.youtube.com/playlist?list=PLpCsTbtWwMeruS1YlOoWey5wzIFwiofGs 🧼 25% OFF! Sugar Mountain Trading 🧼Handcrafted curated soaps, shampoo and lotions from Mount Vernon, Kentucky https://sugarmountaintrading.com/🚨 DISCOUNT CODE: RON25 🚨➡️ BUY Silver from FIRST MINT:🚨 DISCOUNT Code: VIPRB 🚨https://firstmint.com/ "From Mine to Mint"🔴 Learn MORE about First Mining Gold:https://firstmininggold.com/or contact [email protected]🔒BUY a Ledger Crypto Security Device: https://shop.ledger.com/?r=7ffa4498bb22&tracker=MY_TRACKER 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. 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 EQXFort

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