Hello everyone. Welcome to Bald Guy Money. And as you can see, I'm joining you all from my hotel room here in Antalya, Turkey. But I'm pleased to be doing so. And we start this video off with silver, which made an explosive move on Friday, up $1.40 per ounce on the day, which translates into a 3.8% 8% gain and marks the largest move up for silver in US dollar terms since early June when it confirmed its price breakout above the key $35 level. And this moves us closer to my 2025 target of $42 an ounce and a new


nominal all-time high price in US dollar terms, which I've said to look out for in 2026 as the reality that many people around the world are already living with today, which is nominal record high prices for silver in their native currencies, even above the 2011 highs, becomes a US dollar reality. And a major sign that we are well on our way to achieving that is the fact that with silver's big move up on Friday, it officially closed above the April 2011 all-time monthly closing high in euros.


And this is a clear signal to me that we are getting closer to breaking price records for silver in each and every currency worldwide. And that is precisely what I want to talk about in this video. Starting with the very thing we need to look out for that will lead to the next explosive move to the upside for gold and silver. Followed by why this trigger is only going to push gold and silver up at a faster rate from here. And we'll finish this video on the topic of copper which is popping in


price right now. and I will tell you if it if copper is the next silver and if you need to be buying physical copper now. But just before we dive in, please remember to check out summitmetals.com if you want to buy gold and silver at a great price from a dealer you can trust, including 5 o of silver at spot when you use code new customer at checkout. Link to this deal is in the video description below. Okay, so jumping in. Last week marked the real start of the second half of 2025. And I want to bring your


attention to the US dollar, which maybe you've heard from other sources already, had its worst first half of a year since 1973, with the US dollar index, measuring the dollar strength versus other currencies, down more than 10% in the first half of 2025 and remains down 9.8% 8% year to date, despite getting a small bounce this past week with€1 buying you $1.17 today versus just $1.3 at the start of the year. Now, I've been warning you all to prepare for this decline in the US dollar since the DXY


was topping out in 2022. And what I said then was that a multi-year decline in the DXY was going to be the catalyst for a major gold and silver bull run. And you can see just how beautifully that's played out in this image here on the screen showing how the bottom for silver. And by the way, this is the exact same thing for gold coincided almost perfectly with the top of the DXY. and how continued moves down in the dollar index are fueling new moves up for precious metals across the board. Now, as we zoom out a bit more on the US


dollar index to the 5-year figures, let me say that there is no reason for the DXY to stop or even recover from here. and that a break below 97 is the exact trigger you should be looking for as a confirmation that the next move up for metals has started with a move down to 90 on the DXY. Very likely as that is the first major level of support after 97 and is precisely where the dollar was before the 2022 rake hikes. And why I am so certain that this is going to happen is because as the Federal Reserve plays


catchup in their rate cuts versus other central banks, the attractiveness of the US dollar relative to other things is going to go down. And this is why the dollar index was at 90 in 2021 to begin with. Now add to that concerns about the sustainability of US debt, the neutrality of the US dollar, and the fact that central banks added another 33 tons of gold to their reserves in the month of June despite record high prices. What you get here is a recipe for a much lower dollar than what we saw in 2021. And if the dollar can't


maintain its purchasing power, and I'm saying it's not going to, a lot of investors, especially non US investors, who are already at a loss on the S&P 500 index in 2025 in their native currencies due to the 10% drop in the US dollar, they are going to keep moving into things like gold, like silver that have an inverse or opposite relationship to the US dollar as a way to hedge their portfolios and protect the purchasing power of their money. And Americans, by the way, are going to follow suit. And


it seems they're starting to now with inflows to gold ETFs running positive in every geographical region in the month of June. And bullion dealers noting an uptick in physical silver sales, which unfortunately for many people watching this video is starting to impact the premiums, which were extremely low just a few months ago. So whether you've been hesitant to enter precious metals because maybe you thought we were already at the top or if you've pondered selling it all just to buy it back later


at a lower price. Let this data be an eyeopener for you that gold and silver are gaining momentum right now. This is a major momentum play. And to steal a line from the Bitcoin crowd, which is something I'll do from time to time to time, nothing stops this gold and silver train. And the best thing to do right now in my opinion is to get on board. Now, just before we dig into my update on copper prices and owning physical copper bullion, please remember that if you want to diversify your hard asset


portfolio into land, visit channel partnerofland.com. They have properties starting from under $1,000, but also offer larger plots of land like this 120 acre lot here in the silver state of Nevada for those of you looking to get into something maybe a bit larger as land prices like metals prices continue to remain very strong. So, if you want to know more about this or anything else they have, check out landofland.com or call them at the number on the screen and get something that can't be printed by the Federal


Reserve before the Federal Reserve starts printing. Okay, so moving on to this week's viewer question, and it comes from Money Metals Moore, who left a comment this week on a video of mine about copper. And listen to this. That video is from February 23rd, 2022 where I told my viewers, and believe me, there weren't many of you back then, to avoid buying copper bullion products. And what this person wants to know is they want an update on that and to know whether that message that I said back in 2022 is


still valid today. So, let's start from the fact that the price of copper has moved around a bit between then and now, but it is up 24% since I released that video and up 72% versus the 2022 lows. Although both gold and silver have outperformed copper on a spot basis during both of those time frames, copper has made a new nominal all-time high and was up significantly this past week due to the announcement of a 50% tariff on copper imports, which also apparently covers semifinished products that have


left traders and importers scrambling to get copper before the tariffs take effect. And as a result of copper getting a little bit of the spotlight this week, many of my viewers who often see copper bullion products for sale on popular metals websites, much like the ones you see on the screen right now, want to know if this is the time to buy these products, especially considering the fact that they're so affordable right now at only $1.99 for an Avoir Dupa ounce versus more than $40 for a troy ounce of silver today when we


include those higher dealer premiums. And just as an important side note, copper is sold in avoir dupa ounces and they are slightly lighter than a troy ounce in that one avoir dupa ounce of copper is about 0.911 troy ounces. And I say that to make sure that all of you know what you're getting if you want to buy one of these and so you know what you have in case you've already purchased one. Now, considering all of that information, including the upward momentum for copper that I've already covered and growing popularity


of these physical copper bars and rounds, have I changed my mind since that February 2022 video where I said to avoid these physical copper products at all costs? Well, the answer is no. Because despite the notable rise in copper prices since I made that video and even the 2022 low, the fact is that this price here of $560 is measured in Avoir DuPa pounds. And there are 16 Avoir DuP ounces in an Avoir Dupa pound. And you guys are going to be sick of me saying Avoir Dupa after this video, I'm sure. But all of that


means that when you buy a full pound of copper, so 16 of those 1oz rounds from an online dealer, you are paying almost $32 for a pound of copper, which comes out to a $469% premium above the spot price of copper today. making those fascinating and seemingly affordable copper rounds that only cost $1.99 per piece a big fat ripoff and not the deal they seem to be as each one is only worth 35 today. And I suppose that's why since I made that video telling people not to buy these products back in 2022 that the


price for them hasn't changed at all. not one red cent as these 1oz copper rounds are still being sold at $1.99 despite the major fluctuations we've seen in copper prices since that video back in 2022. And if you don't believe me that this was the price of those products, then I will leave the link to that video below. You can check it out. Keep me honest. But the price of these copper rounds, as I just said, literally have not changed. And neither has my opinion on them. avoid these awful


products and consider buying gold and silver instead. And if you like my work here and you'd like to support my channel, I hope you'll choose to do that at summitmetals.com. So, at just a little bit past 1:00 a.m. here in Turkey, I want to thank you all for watching this video. Just a kind reminder that if you want to have a video consultation with me to discuss your portfolio strategy, precious metals, real estate, anything that you'd like to discuss, the deadline to sign up for my Patreon is today. I'll leave the


details for that below in the video description. But I want to thank you all for joining me in these videos. As you can see, even though I'm on vacation, it doesn't mean that the work I'm trying to do for you all comes to an end or or stops or takes a pause. These videos are very important to me as I know they're very important to many of you out there watching them. So, thank you very very much for your continued support. I want to wish you all a fantastic week ahead. And as I say at the end of all of my


videos, please remember to take care of yourselves and take care of each other. It's time for me to get back to my vacation.