Gold news

 I just want people to understand that it's a whole lot more than just Trump tariffs or trying to take advantage of Arbitrage we are at a place right now where desperate times call for desperate measures we have $28 trillion in us treasuries that are doing three years dunan where do gold fit into all this don't know man but don't be surprised when you're surprised as to what shows its head in the coming days you're watching silver News Daily subscribe for more silver is standing at the edge of a

financial explosion and almost no one sees it coming the warning signs are everywhere Global debt at record highs central banks scrambling to contain the chaos and inflation eating away at savings like an Unstoppable wild B Wildfire but here's what the mainstream media won't tell you silver isn't just another commodity it's the one asset that has historically surged when the system starts to break and right now every indicator is flashing red in 198 0 silver skyrocketed from under $6 to

nearly 50 in a matter of months in 2011 history repeated itself silver surged from $9 to almost 50 again but this time the setup is even bigger experts are warning that we're heading into an economic crisis unlike anything we've seen before and silver is positioned for a breakout that could leave past bull runs in the dust the banks know it the Insiders know it the billionaires are quietly moving their money yet the average investor is still asleep by the time the headlines finally catch up it

will be too late so what's really happening behind the scenes and why are Financial Elites hoarding silver while telling the public to stay in stocks stay with me because once you see the full picture you'll understand why Silver's next move could be the most explosive in history then again um I've been doing this for 35 years and most of my let's say the first half of my career gold under $400 back then an American Eagle gold coin would have cost roughly 6% over the price of gold so let's just ballpark it

at 6% with $400 gold that's four and a quarter for a gold eagle and and even if you were paying a 15 or 20% premium for a 63 or four grade Liberty even call a $20 or 20% premium which is what they were most of my career on average a 20% premium on on $400 gold is 480 versus 425 so for a $55 premium you were able to get a coin that was 100 plus years old that had um safety from confiscation had better upset potential was a true piece of Americana just a cooler thing to own in my mind and nobody bought gold

bullion nobody um until I got to 2008 when it became obvious Obama was going to win all of a sudden the premiums went parabolic and will tell you that that I flew all around the country as I probably said on your show a week or two ago for for two years buying back numismatics and selling them to the auction galleries like stacks and spectrum and um and uh Heritage they were paying massive premiums huge premium 60 70 80 90% And I would call people up and say look you know I I sold you 500 of those

63 Liberties um and maybe a 20% premium to spot I'd like to fly out to your house and and bring you um 850 Gold Eagles it's never happened before and what I learned in that trade which I would go which to me there have been a couple big ones I've done similar to this in O even from Swiss Franks into gold and other things but they all center around one thing and that is recognizing and exploiting price anomalies anomalies even those that had that that that stay in force longer than one would expect you know the Old Market

ad markets can stay irrational longer than you can stay solvent but exploiting those anomalies really has has been I think the Cornerstone to the success of the largest trades I've ever done the ones that benefited my clients more than anything and I think it's it's the old adage this time it's different but you know when you talk about historical averages normally it's not different we could use silver right now as that example it's staying way out of whack longer than any of us would have thought

possible relative to the Global Financial system is unraveling before our eyes and most people are completely unaware Decades of Reckless money printing artificially low interest rates and skyrocketing National debts have created a ticking Time Bomb one that's now dangerously close to detonation central banks are trapped they can't stop inflation without crashing the markets and they can't keep the system afloat without devaluing their own currencies it's a lose lose scenario and

history tells us exactly how this story ends every financial crisis follows a pattern first the warning signs appear Rising inflation failing Banks and governments scrambling to keep confidence intact then the cracks widen currencies begin losing value investors panic and money rushes out of the system and finally when the Tipping Point is reached the collapse comes suddenly leaving the unprepared with nothing but worthless paper assets we saw it in the Great Depression we saw it in 2008 and we're seeing again today but this time

the stakes are even higher the dollar is losing its grip as the world's Reserve currency nations are stockpiling gold and silver like never before and the financial Elite are positioning themselves for what comes next the question is will you be ready because when the system breaks silver won't just rise it will surge like never before uh in terms of Premium above melt and um I think markets have a way of doing this they have a way of moving too far to One Direction correcting and then falling

too far to the other direction before they find that that perfect symmetry of where they should be now I know most of what we sold in fact I just got a message here let me see what they say um we have some but not that much probably not enough to to continue the the discussion on it but um you know in a couple weeks 11,000 ounces have disappeared and I think it was is overly Justified and I'm thrilled that that some of your listeners were able to take advantage of it I will go down on record

as saying I haven't seen something that advantageous to the customer um in a very long time if if not ever so exploiting uh price anomalies I is it's just it's it's been the key and I can think of five or six things that I have done throughout the years all of them centered on identification and and fast exploitation of those price anomalies it it's it's like I often mention you know I lived in Minnesota for 50 years and and it's funny I just got an email one of the golf courses I used to play in

Minnesota it's opening up for Walkers only here next week this weekend in February in Minnesota now you know I wouldn't expect because it's warm enough to walk a golf course in Minnesota this weekend I haven't looked at what the weather is going to be there but I did get an email Pioneer Creek is opening up for Walkers I wouldn't pull out my lawn furniture and start trying to plant uh you know tulip bulbs now because I know that it's an anomaly and that's what I mean so yeah um Kudos and congrats to

those who took advantage of it it's as good as anything as I've ever seen Silver has always been the financial world's secret weapon during times of crisis when economies spiral out of control when currencies collapse and when faith in the system shatters silver emerges as the ultimate hedge against chaos but this isn't just speculation it's a pattern that has played out repeatedly throughout history go back to the 1970s inflation was soaring the dollar was weakening and Trust in Fiat money

was crumbling what happened silver skyrocketed nearly 800% hitting an all-time high of 50d per ounce in 1980 fast forward to 2008 the Global Financial system collapsed on the Federal Reserve Unleashed trillions in stimulus soas to Silver once again exploded climbing from $9 to nearly $50 in just three years but here's the key difference this time the financial instability we're seeing today dwarfs anything from those previous crises governments have piled on trillions in debt central banks have lost control of

inflation and the cracks in the system are wider than ever meanwhile the supply of physical silver is dwindling creating the perfect storm for an explosive price surge Every Time Financial Panic sets in silver lags behind gold at first but when it catches up it does so with violent speed delivering gains that leave investors stunned the signs are clear history is setting up to repeat itself and this time silver could break through its old highs and enter Uncharted Territory the question is will

you be watching from the sidelines or will you be ahead of the curve before the next surge begins relative to Gold the gold silver ratio yeah context and I think it is the most undervalued asset as a result of it but in looking at the new mathmatics the reason that I did not recommend them for the entire time that you and I have been talking for over four years other than at one point we did some circulated coins never went into the uncirculated because they were too expensive and I have looked at the

world as a world that is becoming increasingly more frightening and I don't say that I say it in the in the respect of looking it through my kids eyes you have grandkids now and when you try and you know think about what's the world my grandkids are growing up in it we want a world of of opportunity and and and peace and prosperity and and for the last you know many years we I think have questioned what is the reality of that what are those prospects and instead of buying coins that were

collectible trading at high premiums I I favored getting as many ounces as possible while at the same time you know maintaining your liquidity instead of buying a a 10 o gold bar buy 10 Gold Eagles you're way better off anyways the the price anomaly of of um these premiums coming way back and look I I bought 11,000 plus ounces of those coins and um you're talking over $30 million worth and and so the the price that I was able to offer them to our clients for was ridiculous I mean was much lower than

all the competitors and I could have raised them higher but I didn't want to do that I wanted to pass on this opportunity uh to our clients and and it was truly is I mean I did it myself all right I I did it myself with 64 grade $20 Liberties I traded a bunch of my own stuff for them here recently on this trade I think it's the best trade I've seen since 2008 um I'll stand by that and um they're very opportunities that I have seen where you are able to buy a 63 or four grade Liberty or St Garden for

the same price in essence as a Gold Eagle maybe even less as a Gold Eagle that's never happened in my career never happened and back in ' 08 with a 64 grade $20 Liberty which would have been very high back then I mean usually I focused on 612 and three grade to maximize gold content while still getting the benefits that numismatics provide um I would have brought you 90% more gold and those auction galleries would have bought as many as I wanted to sell them um for almost two years and so

just as crazy as that was to the upside this was equally as crazy to the downside the word opportunity cost means you know what is it going to cost me above buying something like an eagle to buy something like this well nothing well I've never seen that ever in 35 years ever and so that's why I was so um enthusiastic about it I have learned by doing this for almost five years that if you go online and start making statements that are not supported with reality you end up Fading Into Obscurity

pretty quick um I would never do that and I will tell you again for those people who took advantage of it your listeners and mine um it's the best value I've seen in Gold um maybe ever in my career the banking system is more fragile than ever and the cracks are spreading fast we've already seen major institutions struggle to stay afloat with bank failures and liquidity crises becoming more frequent the truth is modern banking is built on a foundation of trust but what happens when that trust

disappears the entire system collapses like a house of cards look at what happened in 2008 the banking sector was drowning in toxic debt but most people didn't realize the danger until it was to too late when Leman Brothers collapsed Panic set in and within weeks the global economy was on the brink of total disaster the government rushed in with massive bailouts printing trillions to stop the bleeding but this time there's is a problem they don't have that option anymore banks are sitting on

massive amounts of unrealized losses their balance sheets propped up by artificially low interest rates but now that rates have risen their Holdings are crumbling and their ability to with stand another shock is near zero if another wave of banking failures hits the government will have to step in again but the only tool they have left is more money printing which will destroy the value of cash even faster smart money is already moving out of the banking system and into hard assets gold is surging silver is waking up the elite

understand that Fiat money can be printed endlessly but real tangible assets like silver those are in limited Supply and when the banks start failing silver won't just rise it will become the Escape Route for those who see what's coming the question is will you be ahead of the collapse or will you be scrambling when the doors slam shut spread in uendo but if that were true um it would be very interesting and I asked I asked AI what would be signs of of the lbma breaking the first thing that said was

widening Divergence between paper and physical gold prices in in um indicating delivery stress well well it was at 82 bucks an ounce difference I don't know what it is now maybe 30 35 where in other words you can buy a contract in London and sell one in New York and get that Arbitrage well that's what a lot of people say that this is about it's the Arbitrage and and I don't believe that I yeah it's enticing for a Trader to do that but the cost of shipping it across the globe kind of pulls the incentive

away uh the second thing it said was um reports of delayed deliveries or or contract settlements well okay it's supposed to be t+1 it's now t plus 8 weeks and the bank of England says well we don't have enough trucks or Manpower really you don't have enough trucks and you're the bank of England all right you couldn't just go rent every truck uh from Ryder and U-Haul and whoever the hell you have to rent it from in London to do this don't believe it they also say well some of it

is refining backlogs no it's not because number three well number four was Major disruptions in Supply chains including mining refining or Transportation so check check check and then the other one number three was unusual gold lease rate spikes reflecting increased borrowing costs for physical gold they've shot through the roof they were at 10 20 30 basis points they're north of 6% now and and let's talk about lease rates for just one second I'm a jeweler and I need this this contract right I need this

gold bar to make my jewelary and and so I buy a contract and I know that I can stand for delivery it's going to take t plus1 in three days I'll have my gold what do you mean it's eight weeks I have orders what am I going to do well you can lease a bar from an lbma member now the lease rates have gone parabolic from 20 basis points to 6% well that doesn't make it very appealing but okay I'll do it so I lease that bar give it to the manufacturer to make my jewelry in8 weeks hopefully I get my bar to pay back

and I I'm made whole well okay check check check so all of these things have happened the last one that hasn't happened would be what Tom Longo is saying trying to blow up the lbma and the member banks and that many are saying that the US banks are kind of flipping the script here and are going long there which I can't validate but the last one is banking sector instability affecting lbma member banks or Clearing Houses so how close are we to a default could it really be that that is what the idea was to you know he

says it started with the flipping of lior to suur and that would his his signal that this was beginning to happen and then everything he's done since draining the the gold of silver out of a situation where if we look at the give you the number you know I often talk about silver that they have um 300 million ounce float trading the gold silver ratio is flashing a massive warning sign and history tells us exactly what happens next right now gold is sitting near record highs while silver remains deeply undervalued but if

you understand Market Cycles you know this setup is incredibly bullish for silver let's break it down the gold silver ratio simply measures how many ounces of silver it takes to buy one ounce of gold over the last century this ratio has typically ranged between 40 and 60 during normal market conditions but today it's hovering around 80 to 90 signaling that silver is severely underpriced relative to gold and here's the key every time the gold silver ratio reaches extreme levels like this silver

doesn't just correct thus it explodes in the late 1970s the ratio hit a similar Peak and what followed was one of the biggest silver rallies in history skyrocketing prices from $6 to nearly $50 in just a few years the same thing happened in 2011 when silver ran from $9 to nearly 50s the ratio collapsed from over 80 down to 30 so what does this mean today it means silver is long overdue for a violent catch-up move and when it happens the gains could be exponential analysts are already calling

for a ratio correction back to the mid-50s or lower which would imply silver doubling or even tripling in price just to return to historical Norms the mainstream media won't talk about this the financial Elite would rather keep it quiet while they accumulate but the numbers don't lie silver is sitting on the Launchpad and when the ratio finally corrects the surge will be fast furious and life-changing for those who saw it coming they changed the law recently on reportability dealer reportability on buyback of Jung silver

dimes quarters and a half dollars used to be reported my whole career if you sold back a thousand face or more not anymore it has to be sufficient enough to um to be able to cover or to um satisfied delivery on a comx contract chunk silver is not does not qualify like a kilo silver bar would or 100 ounce silver bar or a th000 ooun silver bar um and so they they pulled it out of reportability in terms of requirements by the dealer none of this um takes away the client's obligation to do the reporting just

means we won't do it on on their behalf and you know that's another example not only a silver you know historically undervalued not only is the gold to Silver ratio historically out of whack following the same thing I've just been saying um but these things are happening at a time when the biggest money in the world is is is rushing and scrambling to acquire physical metal and hold it themselves I mean and yet the public is asleep um I've never seen an environment like this ever the things that are happening on

comx and the lbma it's it's it's it's unbelievable and it's almost as if this giant Ponzi scheme of reh hypothecated gold and silver is coming to an end and that's what's you know interesting at the same time you got Warren Buffett who's who's sitting on you know uh 334 billion in cash he has right now 286 A5 billion of short-term treasuries that's that that's 91 billion more than the the Federal Reserve has and this is the greatest value investor of all time who has no

interest in holding Securities I mean he owns some still but but it shows you his mentality everyone is flocking at the Trump trade and you have the most legendary investor at all of all time having more cash than you know than than just about half of the the the um in fact more more cash than all but in terms of market cap his cash balance is larger than the market cap of all but 30 public companies in the world what does he see and and and why are we seeing such a massive drive to accumulate metal and it's interesting

too because I asked AI just for those people who haven't heard this I asked AI you know because everyone's saying well you know there there's a whole new threat out there you know that we didn't talk about done again last week about what I thought this gold coming back was for and there are people like Tom long Longo who will tell you this is being done to blow up the bank of England um I'm not saying I I believe that or not I I I it's in it's intriguing um that Trump is angry that he found out with

the aristocrats in England that were behind all of these problems with him with the election and that he's trying to get back at them by by exposing this fractional system in in London and and the rumor set the US Banks in London are now long I can't substantiate any of this okay I don't mean the Insiders know what's coming and they're quietly making their moves while the public stays distracted central banks billionaires and institutional investors aren't just watching silver they're buying it in

record amounts and if history tells us anything when the people who control the system start accumulating an asset it means something big is about to happen let's talk about the central banks first over the past few years they've been on an unprecedented gold buying spree stockpiling more gold than at any point in modern history but here's what they don't want you to know silver demand is surging right alongside gold Some central banks are even hinting at diversifying into silver as part of

their monetary reserves why because when currencies collapse gold and silver are the ultimate safe havens and they're preparing for what's coming but it's not just central banks billionaires and hedge funds are also making major moves take a look at some of the biggest names in finance people like Ray Doo and Stan drucken Miller who have been quietly increasing their positions in Precious Metals while warning about the risks of fiat currency and even more telling the silver market is experiencing massive

physical withdrawals with inventory levels dropping sharply from major vaults and then there's JP Morgan one of the most powerful financial institutions in the world they've spent the last decade quietly amassing one of the largest private silver hordes in history estimated to be over 600 million ounces if silver was just another commodity why would one of the world's biggest banks be hoarding it like their lives depend on it the answer is clear the big players see what's coming they know the

financial system is heading for a reset and they're positioning themselves before the Rush begins the question is will you V I've told you on on your show thousand times that you know my story of of the promise I made to my Dad buying every two buying something every two weeks for now 35 years best gift I've ever been given to learn the power of compounding um of time and and of of um interest and all that kind of stuff but um I've never once looked at gold as an investment yeah I'm very cognizant of

its appreciation which has been you know I remember when gold was 250 bucks an ounce in in early 20 thousands um but to me gold is wealth gold is wealth that has continued to appreciate forever I mean go back as far as you want you'll see that it's kept pace with the cost of living and in many cases outperformed it to me that's what it is it's wealth that if you need to use You're darn glad you have it and too many people focus on gold as a as an emergency hedge as a catastrophe hedge as the sky is falling

head sure I mean I guess you could say it does that too but to me it's it's wealth outside the system that is private that I can give to my kids if I don't need to use it and if I do need it I'm darn glad I have it and in an environment where not only are we lied to about inflation and and money creation as you know we're told it's 3o whatever percent now but John Williams would say put a eight in front of that and so you're at 11 or 12% inflation so they lie about that the dollar is

continuously being devalued and in a world of of of um you know overleveraged under capitalized Banks um in a world of of inflation and um dollar debasement that's what gold is it's it's wealth and it's it's there when you need it it's immediately liquid and it's Universal so I I mean I can't think of a better explanation of why to hold it the only caveat I would say is that when someone calls me and says look I'm buying a house in eight months should I do this I

I typically say no because there's too many too many variables I would say they buy you know buy um a six a six-month treasury right through treasurydirect.gov and and remove all of that silver isn't just a monetary metal it's an industrial Powerhouse and right now global demand is exploding While most people focus on gold as a safe haven they completely Overlook Silver's critical role in the modern economy but here's the reality the world is racing toward a high-tech future and silver is one of the most

indispensable elements fueling that transformation let's start with solar energy the global push toward clean energy has driven solar panel production into overdrive and silver is a key component in photovoltaic cells governments worldwide are pouring billions into renewable energy and there's no substitute for silver in high efficiency solar technology in fact solar demand alone is projected to consume over 140 million ounces of silver annually far more than current mining output can sustain then there's

the electric vehicle Revolution every EV on the road requires silver for its electrical systems from battery contacts to charging stations major automakers are rolling out aggressive production targets and with each vehicle requiring up to 50 grams of silver demand is only going to Skyrocket and it doesn't stop there silver is everywhere in 5G networks medical devices semiconductors and even military technology unlike gold which is is mostly stored and hoarded silver gets consumed meaning the available Supply is

shrinking fast but here's the real problem mining output is not keeping up after years of underinvestment and declining or grades silver production is struggling to meet this surging demand this is a perfect storm booming industrial use shrinking Supply and a financial crisis that's driving more investors toward precious metals The Squeeze is already beginning silver inventories are being drained from major vaults and analysts are warning that a supply shock could send prices into Uncharted Territory the mainstream media

isn't talking about it yet but when they do silver could already be on its way to record highs the time to act is before the shortage becomes a crisis the window is closing fast you know we don't know a lot about it yet and I I hope I'm given the right credit I think it was Yan Newan house who's a fantastic writer um and and even more than that he's a um investigative journalist and I think it was him and if not I'm so sorry but I think it was him um who wrote an article

about the audits in the past using the Freedom of Information Act and all sorts of information that basically said if you trust the Auditors those that have done this you're making a massive mistake and I read the article last night and it's one of these things you got to read three or four times basically saying that those it's all there's so many things that contradict what what Scott pent just said that it's been audited every single year that they're massive massive um red flags

that that contradict this that they need to do a real deep dive audit um that that the seals that should have never been broken were broken several times and and there were there was um statements that were contradicting and all sorts of stuff going all the way back to the 70s uh the audit to be a whole lot more than Elon and Trump walking in to see what looks like I mean how the hell do you count you know um that much gold you don't it would take a I've done audits for our Brinks facilities in Montreal and other parts

of of North America where you have no idea how long this takes and how how how much time it takes and even trying to count thousand ounce bars on a pallet it's very hard I mean because the way that stacked and and you you don't want to double count it you got to look at the bar numbers it's not easy it's a real process so that isn't an audit as much as it is um maybe publicity I don't know but I don't think the gold repatriation has anything to do with that it it's certainly a

smokees screen um but it's it's long overdue I mean that should be the first step of a real audit that is is in um that is done independently third party and with great oversight that's what really needs to be done um but I find it interesting because it's been a Hot Topic hot button Topic in in this industry as for as long as I can remember the silver Supply crisis is accelerating and the world is sleepwalking into a catastrophic shortage right now physical silver is disappearing from vaults at an alarming

rate and the numbers don't lie we are running out of available silver look at the London bullion Market Association lbma and comx two of the largest silver storage hubs in the world over the past few years their inventories have been drained with physical silver withdrawals reaching levels we haven't seen in decades just recently registered silver inventories on comx fell to their lowest level since 2017 and the pace of outflows is only increasing and it's not just institutional storage the retail

Market is also feeling the pressure dealers are struggling to keep up with demand premiums on physical silver are soaring and delays for delivery are becoming the norm if you've tried to buy silver bullion recently you've probably noticed it's not as easy as it used to be here's the real issue silver mining is not ramping up to meet demand unlike gold where production has remained relatively stable silver output is declining major silver producing countries like Mexico and Peru are facing dwindling reserves

or a grades and aough ER regulations meanwhile industrial consumption is at record highs and investment demand is surging this is a setup we've seen before the last time silver shortages hit in the 1970s and 2011 the price exploded with silver spiking nearly 10 fold in just a few years but this time the situation is even more extreme Global debt is higher inflation is worse and silver inventories are being drained at a pace we've never seen before once the public we up to this crisis it won't

be a question of How High silver will go it will be a question of how fast by the time the shortages make headlines the opportunity to buy at today's prices will be long gone as much as they say 290 million but they say it's 10 times understated so 2.9 billion ounces of silver off of 300 million ounce float I I couldn't find gold but I did now and for gold they have total of about 279 million ounces on paper stored the bank of England on behalf of the lbma of which of which only 36 million ounces uh

are are available right the float is 36 million ounces against 380 million ounces in outstanding contracts they're about 90% short on their ability to deliver but it's just trucks and Men right so could it be could it be I I I don't know it seems a little bit out there but Tom who is a brilliant guy is basically saying this is his way of in essence blowing up this paper scheme and if we reshore all of the gold here you know I don't know I just want people to understand that it's a whole lot more

than just Trump tariffs or trying to take advantage of Arbitrage and the possibilities whether it be gold revaluation whether it be blowing up the the banks in London who who who Gordon Brown sold almost all of their gold so you revalue the price of gold well it ain't going to benefit London in the UK I know it seems a little bit out there but I'm just passing on information that I've heard because it's interesting to let your mind expand a little bit and think because look we are at a place

right now where desperate times call for desperate measures we have $28 trillion doll in us treasuries that are due in three years dunan in three years that's 28 trillion to get the tax revenue will be under 15 trillion and so you take all that tax revenue over the next years even call it 5 trillion a year which is under that now and he wants to lower taxes but give him the benefit of the de 15 trillion even cut some spending and all that stuff we owe 28 trillion so we're halfway there and that doesn't

account of all the debt we accumulate over the next three years we're already at over 800 billion in debt for this year and it's only February so the moral of the story is how do we address this problem and so look desperate times call for desperate measures where's fit into all this don't know man but I think people should be don't be surprised when you're surprised as to what shows its head in the coming days and weeks ahead I think it will be something um a little bit

more grandio and than what the the media is lead um uh leading us to believe a historic short squeeze is brewing in the silver market and when it detonates prices could Skyrocket overnight for decades major Banks and financial institutions have been manipulating silver prices artificially suppressing them through an intricate web of paper contracts but here's the problem the system is breaking and when it snaps Silver's price suppression will be obliterated in an instant let's talk about how the scam

works right now the silver market operates on a highly leveraged paper system meaning that for every ounce of physical silver in existence there are dozens sometimes hundreds of paper claims on that same ounce this allows Banks to flood the market with synthetic silver keeping prices artificially Low by creating the illusion of excess Supply but here's the catch this only works as long as nobody demands physical delivery and that's exactly where the system is starting to unravel over the

past year massive amounts of silver have been withdrawn from comx and lbma vaults and more investors are opting for physical silver instead of paper contracts if this trend continues and it will there won't be enough real silver to back the paper claims tree triggering an epic short squeeze we've seen this before in 1980 The Hunt Brothers attempted to Corner the silver market by buying up massive physical supplies forcing a squeeze that sent silver to $50 per ounce nearly 10 times its starting price in just a few years more

recently in early 2021 the Reddit silver squeeze movement sent shock waves through the market exposing just how fragile the silver manipulation scheme truly is now the cracks are widening again banks that have been shorting silver for years are being caught in their own trap and a physical demand keeps Rising they will have no choice but to cover their positions buying silver at any price to avoid total collapse when that moment arrives we won't be talking about $30 silver or even 50 silver we'll be looking at an

explosive breakout that shatters every historical price ceiling the time bomb is ticking the banks are playing a game they can't win forever and when the final short squeeze ignites Silver's price suppression will vanish leaving nothing but pure unrestrained price Discovery then again when you're in an IRA I don't know what options you truly have you anything you do is being reported to the IRS that's what the custodian's job is to do the only way to do that would be to start taking

distributions of the metal in kind in my mind and get it out of the system when you're dealing with an IRA you are part of the system you're in The Matrix and like I told you before in 2009 after the great financial crisis there was a bill that was floated all the way down to the house floor was rejected but it talked about taking Ira money if there ever was another great financial crisis and and converting it into everyone's Ira into like a a guaranteed annuity of sorts backed by treasuries to stabilize the treasury

market to stabilize the dollar um and and so you're in the system and in fact a custodian is is if I understand this correctly is the owner of the IRA you are the beneficiary of all the income so until you leave the Matrix you're part of the game so you know I think the way to do it I mean if I were going to if I were going to do it I I I have found that new Direction and I don't get paid or have any dog in the fight I work with all the custodians and to me they're the only ones that have earned my expect

enough cuz quite frankly most of them suck and suck worse than others some have made me so angry I've lost my mind um but they have proven to me to be the best and and I have faith and confidence in them and and you always want to choose a depository that physically segregates your metal but remember you have the ability to stand for delivery in your metal as a distribution or liquidation and um it's a taxable event but but in reality that is the only way to incre increase your privacy and to

remove counterparty risk uh in the meantime when you're in the ira you must choose a depository that that physically segregates not just allocates right allocate is all the metal from this Ira custodian is held in this bucket no I want dunigan's bucket right here and Andy's bucket right here and Jim's bucket right here it has to be your own name it has to be physically segregated not just allocated and so that is the only way but truth be told it is a great way it is a great way to

make a bigger Splash in the gold pool but understand if you ever sense anything's about to get a little bit uh unported shall we say the ability to stand for delivery and take possession and pay your taxes is never a bad idea in that scenario the Global Financial system is heading toward a monetary reset and silver is poised to play a critical role the warning signs are everywhere Fiat currencies are losing value debt levels are unsustainable and central banks are quietly positioning themselves for what comes next the

current system simply cannot survive and when it collapses the world will be forced to return to real tangible assets and silver will be at the center of it all look at what's happening right now Nations like China and Russia are actively reducing their Reliance on the US dollar moving toward a new monetary system backed by hard assets at the same time central banks are hoarding gold at record levels D A Move That signals a potential return to a gold and silver backed Financial order throughout history every major

currency crisis has ended the same way with a reset that reintroduces precious metals as the foundation of value but Silver's role in this reset goes beyond just being a hedge against inflation unlike gold which is primarily stored and hoarded silver is also a critical industrial metal which means supply shortages could make it even more valuable in a new economic system if central banks moved to incorporate silver into a new standard demand could overwhelm the already shrinking Supply sending prices into Uncharted Territory

this isn't just speculation it's a pattern that has played out time and time again when Fiat currencies fail when trust and paper money evaporates the world returns to real money and that means gold and silver the shift is already happening but most people won't see it until it's too late when the financial system resets will you be holding real wealth or will you be left clinging to paper that no longer holds any value the time to prepare is now risk but if someone says look I I have a

lot extra money um I don't know what to do with it I want to put it somewhere safe for the future yeah there is no better place to put it in my mind than an asset that is continuously I mean since 2000 it's average 99.9% per year compounding was up almost 30 % last year and and and this so far this year it's up eight straight weeks in a row there hasn't been a down week yet doesn't mean it will always do that I just it just means that what gold is is a vehicle to maintain your standard of living and we

can go back to you know 30s with revelt go back to Roman times and there's always those analogies and and they they are true you go back to the 70s you know in 1971 with with uh what is it with uh $35 gold right when he closed the gold window uh a a 100 ounce you know Cox look at a 400 ounce gold bar from London in in 1971 would have been uh what $14,000 and today with gold at 2951 uh that that bar is 1,1 8,400 did did gold go up or did the dollar lose all of its value and I say you know in

1963 when my dad graduated college he was making under $6,000 a year and he said your mother and I could live comfortably on that just the two of us we were married then he said well how the hell does anyone live on six grand a year Well back then you could did the dollar or did the cost of living go up or did the dollar go down I mean so in essence what this is is Insidious continual inflation eroding the value of the dollar and gold finds a way somehow to um to maintain your standard of living in some cases accentuate it so

you don't buy gold to become wealthy you buy it because it is wealth better than holding it in a bank these days that's for darn sure Silver's historic price ceilings are about to be shattered and the numbers don't lie for years analysts have pointed to 50 as Silver's ultimate resistance level but this time the setup is different this time the forces driving silver are far stronger than anything we've seen before let's put this in perspective the last two major silver bold runs 1980 and 2011 both

ended around $50 per ounce but those rallies were driven by speculation and inflation concerns today we're dealing with a global debt crisis a collapsing banking system industrial demand surging Beyond Supply and the the very real possibility of a monetary reset this isn't just another cycle this is a paradigm shift analysts from major investment firms are already raising their silver price targets some predict $75 silver by the end of this decade others like saxo bank and TD Securities

believe $100 silver is not only possible it's likely and if we apply inflation adjusted pricing to Silver's 1980 Peak we're looking at a Target closer to $150 per ounce but here's what most people don't understand silver doesn't move slowly when it breaks out it moves with violent speed we saw it in 1979 when silver quadrupled in under a year we saw it again in 2010 when silver ran from 18 to 50 in just 8 months once silver clears 50 resistance it could launch into price discovery mode meaning

there's no telling how high it could go this isn't about hype it's about history data and Market mechanics silver is still one of the most undervalued assets on the planet but that won't last forever the smart money is already preparing the question is will you be ready when silver breaks free from its chains that means but in terms of liquidity if you have the ability to keep let's say a certain percentage whatever that amount means to you in a depository where you have immediate

liquidity physically segregated like in one of our Brinks depositories yeah you would then have instant liquidity within just a couple of days at worst where we can wire you your funds one spring smoothes of metal rather than leaving it inside of a a a under uh capitalized over Leverage banking system where you know the fractional Reserve System is that if everyone runs to that bank to get their money just a couple will get it that's just like we're seeing on the lbma right now that's just like Bernie made off

that that's just it's a scam and it is and yet no one's ever done that because usually you don't see a run on the banks but are we watching a run on the lbma in real time does that maybe open people's eyes maybe we're not maybe we are only time we'll tell but it's this type of of of what we're seeing certainly could be looks like it could be and we'll see how it all plays out but um I don't find those kind of decisions crazy what I will tell you is that if you are one of

the people who wants to do that don't go to anyone mainstream and tell them what you're doing they're going to lock you up I mean again people would think I'm crazy for doing what I've done and I've done it for over 20 years and I've never missed a minute of sleep and I've turned out just fine um trust your gut and and in the end you only have yourself to blame so um I think these kinds of decisions that are unconventional even though it makes sense to you all and a

guy who said that probably is fairly well read in in in this type of information instead of the people like an adviser who's well read but reading the wrong stuff reading stuff that would tell you it's all about the kenian experiment which many of us believe are coming to an end so it's one of these deals where you're going to have to go It Alone and trust your gut everything I've done since I was a young man I've done alone because the adviser would say um a you're nuts and B I don't want to work

with you because you're a risk to me or you know I don't like that kind of of deviation from from protocol or from what's normal but in my mind it is normal and it is normal to be your own bank and to be your own retirement account and to um rely on no one but yourself I think think it's always seemed normal to me so I would tell that guy to go ahead and do it and Trust his gut and uh and certainly you know D again and I are here to help help Foster you uh to get through that um it's it's

not as crazy as it sounds even thinking it sounds kind of crazy but when I think about it that's that's me that's what I've done for a long time and that's you so not so crazy after all what happens when the dollar collapses most people don't even want to consider the possibility but history tells us that no fiat currency lasts forever and the warning signs are flashing brighter than ever if the dollar loses its status as the world's Reserve currency or inflation spirals out of control the

financial system as we know it will never be the same again and when that moment arrives silver won't just rise it will become one of the last remaining stores of real wealth look at what's happening globally nations are moving away from the US dollar China and Russia are conducting trade in gold and other currencies central banks are dumping US debt and alternative Financial systems are being built to bypass dollar dependency if trust in the dollar erodes further it could trigger a rapid

devaluation destroying the savings of anyone still holding cash or paper assets this is why the elite are hoarding hard assets they know that during a currency crisis wealth doesn't disappear it simply transfers to those those who prepared in the past we've seen how precious metals have acted as a Lifeline during hyperinflation and economic collapse in vimar Germany Zimbabwe and Venezuela people who held silver and gold were able to preserve their wealth while their National currencies became

worthless but this time the situation is even bigger the entire Global Financial system is built on unsustainable debt Reckless money Printing and artificially low interest rates governments can keep up the for a while longer but at some point reality will take over and when it does silver's value won't be measured in dollars it will be measured in purchasing power and those who own it will be in a position of strength so when the dollar collapses will you be holding real money or worthless paper

the time to act is before the crisis begins not after because once the Panic sets in silver won't just be an asset it will be a Lifeline God bless you and you know you keep enough money in the bank to pay your your monthly bills and and if you need to sell gold and silver to add to your cash stash you can do that a glint is a is you know I I talked with Jason about that today uh the CEO of glint and the founder to me the real utility in glint is is just what you said you know I mean I got extra money

and I use it for certain things but I don't want it in in the banks that are WI L over leverage and under capitalize and I I think too many people have let that problem go by the wayside and it's not resolved yet um I I think there'll be more bank failures so keeping it in in a um an account uh in in Zurich rather than in a a bank account um here in the states is not a bad idea but look how do you become your own your own I your own um annuity how do you become your own your own bank how do how do you

do all of that you do it by accumulating assets and and like gold and silver which then can be monetized if you need to it's keeping it out of the system it's not an easy thing to do and it's rather unconventional um I am not the poster child for finance 101 and quite frankly neither are you but yet I would argue we probably both sleep well at night and our portfolios have probably done better than most of the IND the you know like the the uh Index Fund um certainly better than the S&P much

better and um without the counterparty risk so you know you're your own bank I'm My Own Bank uh if you are doing that it's it's it's important I think to have a good portion held in a depository to give you immediate liquidity and and you don't want to have you know your house filled with gold and silver security risk and those kinds of things I mean you can have some certainly whatever degree that makes you feel comfortable but uh our Brinks programs are a perfect um vehicle for that where you know I

have a lot of people who have a lot of metal in Brinks and they'll say I need $100,000 this week please sell you know 40 ounces of gold for me done bang and we wire them their money so in essence they are their own bank but in a world that is becoming far more complex far more interconnected the the term you use the systemic um it becomes a challenge but it's not a bad idea I think that Breaking Free from the traditional Norms of what is normal what is um conventional is something I've never had

a problem doing and and it's typically worked out well I think it means trust your gut and if your gut tells you get the hell out of the system then do it and to whatever degree Silver's explosive breakout isn't a matter of if it's a matter of when the financial system is cracking under the weight of its own debt inflation is eroding the value of paper money and Industrial demand is outstripping Supply at a pace never seen before the warning signs are everywhere but only those paying

attention will be ready when the storm hits we've seen this play out before every major economic crisis has led to a surge in precious metals and silver with its unique combination of monetary and Industrial value stands to be the biggest winner of them all the gold silver ratio is screaming that silver is historically undervalued the banks are running out of physical silver to deliver and central banks billionaires and institutions are quietly preparing for what's coming the window to act is

closing fast once silver breaks past its old highs it could enter a parabolic rally leaving behind those who hesitated the moves we've seen in the past 400% 800% even 1,000% gains could look small compared to what's coming the signs are clear the pieces are in place and the next phase of silver historic rise is about to begin so the question is will you be prepared or will you be left chasing silver when it's too late the time to position yourself is now before the masses wake up to what's happening

because once they do the opportunity will be gone and remember this is not Financial advice always do your own research and consult with a professional before making any investment decisions