It's beyond YouTube videos. It's beyond getting you to join my newsletter. It's beyond anything you've ever seen. The results of what is about to happen has started to play out. And this war is going to accelerate all of it. Everything is synergy. It's all one thing. It's beginning now. And people are now talking all about how this war on Iran that we're going to lose it. This is another example of what I always try and get you guys to see things my way. I believe we've already lost the


war. The war is already lost. And the way that Iran wins this war, regardless of how many bombs fall, how many bombs fall, how many bombs fall, the way that Iran wins this war, is by continuing to fire drones, even despite all of the aggression against them. The drones will keep on coming even from the Houthi rebels in Yemen, coming from Lebanon now. And a lot of these missiles are actually being aimed at nations like Saudi Arabia. We're looking for a quick war. And there's already expressions of,


okay, have you had enough? Let's talk. Are you ready to come to an agreement? Here's my question for you. How long is this war with Iran going to last? I have my opinion, and that's over 5 years. But let me hear from you. Tell me how long you think this war is going to last, and tell me why. Iran wants this war, just as Israel does. But Iran has an opportunity to stand up to the great Satan. And they've prepared for this for many years. And now this is what's playing out in front of our very eyes.


The worst of it is yet to come. This will not be a short war. Iran is going to be able to fight back significantly, a lot more than people in the West are expecting or are used to. And there's very little we can do as is displayed by when we went to war with the Houthi rebels in the northwestern area of Yemen. just one on-one, nobody else involved. And we still were not able to beat them. We actually turned tail and walked away. So now this war becomes about do we taco? But I don't think Iran is willing


to let us out of this. They know that we've stepped into a morass. They know we've stepped into it and they're not going to easily turn around and say, "Okay, now we'll negotiate." But I'm not going to say much more about this. You guys decide what you want. You see what you want. Just keep an eye on all this cuz this is why the markets are crashing pretty significantly today. Oil prices are going through the moon and we'll talk about how that affects the mining


companies in just one second. But as oil prices spike, I told you that puts pressure on everything, everyone, every business, every individual. from the cost of a piece of plastic, the cost of the gas you put in your vehicle, it'll put so much pressure on the markets that it's going to speed up what I've told you was coming that is now beginning. Everything is starting now. Everything led up to 2026 and the other day I was looking at the US dollar and it was up against every currency and that was because of the


flight to safety because of the war breaking out and it'll be a little bit of residual strength in that sense. But in 2026 we are going to have a US dollar crisis once the honeymoon period of the flight to safety because of the war wears off. This dollar throughout the year will continue to decline, making everything else seem like it costs more and the prices go up, such as commodities like cotton, coffee, precious metals, base metals like copper. And here's a great summary of the straight of hormones and how


important it is and what goes through the straight. I put a link to the video below this video and at the end of this video so you can see the whole thing. I suggest everyone watch it because it's a great summary. But here's a quick clip just to show you what it's like. So as oil affects everything, oil prices go up. That also affects the mining companies. The gold miners expenses are pretty heavily involved with energy. 8 to 20% of a company generally give or take is for fuel costs. And most of that


fuel cost is for diesel. And by the way, when you see one of those massive earthmoving trucks that are loaded, dump truck full of rock and they're dragging that out of the mine, how much you think it costs? How much diesel do you think is required to fuel that truck just to get up the hill? The answer is all of it. It's unbelievable how much diesel they use just to move the rock around. But the reason that there's such a big difference, whether it's 8%, 20%, that's a pretty big wide difference. It depends


on what kind of mine it is. This is an open pit mine, a really deep mine where they're going down miles into the ground. All sorts of variables and factors that affect that gives you a pretty big range of how much a company is using for fuel costs, most of which is diesel. But a general rule of thumb is if oil prices go up $10 per barrel as they have recently and they probably have a lot further to go because this war is only getting warmed up because Iran has now been using up all of their


leftover secondary munitions. Then you start to see the results of Iran strikes being more significant. But the general rule of thumb is if if a company's own sustaining costs, how much it costs to get an ounce of gold out of the ground. If the price of oil goes up $10, you're looking at an increase in the oil and sustaining costs of $ 20 to $60 per ounce. So, if a company takes $2,000 to take an ounce of gold out of the ground and the price of oil goes up $10, then it costs that company, we'll say


just for simple math, $280. But if you want to get even more conservative, let's call it $100. Say it costs a company $100 more because the increased price of energy and fuel. Here's a chart of gold prices. So, if gold prices are here and you drop back $100 an ounce, that puts it right there. So, you still have all this benefit of the massive rise in gold that has been so monumental up to this point that it doesn't matter if they're all in sustaining costs go up $100, $200 an ounce. It only puts us back less than a


month to where even that point the companies are going to be spitting out cash because of the higher price of the underlying assets or the underlying commodities. That's why I always tell you don't worry. And silver has been acting like an idiot lately, just bouncing around higher and lower and higher and lower day by day. Oh, wait. Okay, we're good. It's up 6% today. Next day it's down 6%. This is not at all at all normal. This is not market driven. Something else is going on here. It's


all about people treating silver prices and gold prices not like a commodity, more like a meme stock. This is ridiculous. I've been around a while. This is my third decade doing exactly this. But just remember that silver will always trail gold. Gold has been increasing really strongly. Silver will always trail gold. Not on a day-to-day basis. clearly on a week- toeek basis. Maybe monthtomonth more likely, year to year, absolutely month to month generally if gold goes up, silver will try and catch up or outperform it.


But again, what I tell you is don't even worry about it because there's a time when gold was at $2,000 and then the whole way where silver was at $44 and the whole way people are asking, "Oh, it's gone up so much. Should I take profits?" And we'll get into all of that too in just one second. But think about how all of that volatility happened over time and over time. And I told you that it only matters when you eventually sell it. None of that volatility matters in the meantime. So, you could have ignored


all that if you bought it at an earlier price and now you're just waiting and you're watching it bounce around. You can ignore it and take a nap, play with your kids, go fix your car, clean your garage, do something more productive with your time. You don't have to focus on this stuff. It's all stress. Stress is a killer. You can invest really well and really smartly and really effectively without giving up all your mind's time and your mental space to stare at things and think that it matters so much. If silver


prices drop 5% in a day like they are doing today right now. If they go up 5% none of that matters. It doesn't matter. Ignore it. When you invest in something then you're investing. If you're trading sure then if you're trading don't ignore it. and try and jump in on those trades and try and make every single penny. I think that anyone who tries to make every single penny makes a lot less than they would have if they didn't try to make every single penny. But if you're


an investor, you buy the thing and the money you get out of it on the other end is all about when you sell it and everything in between does not really matter. Keep an eye on it. Sure. Make sure it's going in the right way, right direction. But just think about when you buy it and when you sell it. And I wanted to mention that when you buy something, that's when you make or lose the money, not when you sell it. If you buy something, say silver at $35, you've made money. Whatever happens,


whatever you decide to do, if you buy a really high quality stock that's going to increase in price, then you're making money. If you buy a stock that is a bad idea, like try and get in on the SpaceX IPO or anywhere have any involvement at all or any big name IPO like that, you've lost by the time you tried to squirm in there and try to figure out how to put money there to help make it grow. That's not investing. That's just jumping into the mob, the trampoline crowd that's all putting


their money in one place because it sounds like it might be a good thing. Kind of like a lot of these pumping out stocks would always be talking about we're going to cure for cancer for children. Yeah, it's a great idea. I hope they do it, but they're just doing that to get you to put your money in there because you're saying, "Well, I've invested in something that's a really good idea, but really the company itself is just bleeding cash and it's going to cost you money because you lost money on


it the moment that you bought into that idea. You just didn't realize it yet and you'll realize it when you eventually have to get out of that trade. But silver will trail gold and it will resume its rise. This is a blip and it'll be a little bit of hard times and there will be a lot of negativity in the market. What I've been talking about for years leading up to this point to this year 2026, there will be a lot of pressure on gold and silver mining stocks. There'll be pressure on gold and silver maybe out


with a bath water. People are just capitulating and dropping things or covering margin calls. A lot of times the selling isn't even their own decision, but they have to sell because that's the only asset they have in their account. and a broker saying, "You're blowing out your margin account, so you owe us more money within 3 days or else we're going to start selling stuff for you." But the other day, I was looking at the dollar. It was up across the board against everything. That's a


temporary thing. It was a shock because of the war breaking up. People realizing that what I'm telling you that this war is going to be a lot bigger and more significant. And the thing is that Iran does not want the war to end because as long as this war goes on, every day is another further loss for the American forces. The way for Iran to win this war is just to still exist after all the bombs are done falling and they're still there shooting missiles at boats in wherever or shooting missiles at Saudi


Arabia. That's how they win. And they're set up to go for many, many years. And unfortunately, we're all going to watch this play out exactly in front of us. either Trump tacos or we get closer to boots on the ground. I'm going to let you learn more about that. I'm just telling you based on everything I've seen, everything I know what's going to happen. I've got a pretty good track record of calling this stuff out before it happens. But regardless of the dollar strength, it is


going to do exactly what I told you it's going to do this year. But if it's your first time here, I guess I'll tell you what I have recently told you. Besides US dollar decline, I also mentioned that as we approach the earning season for all these mining companies, which is in about 1 month from now, depending on the company, they're all going to be reporting results based on the higher price of the underlying commodities. [clears throat] So, if gold prices are over 5,000, silver is over $80 or whatever it's at


right now compared to what it used to be, the numbers that they're going to be reporting are going to be explosive. Greater profits, which feeds into the profit margins, and the greater the profit margins go, the more valuable the investment, the higher the stock goes. Profit margins go up 1%, stock will go up 5, 10%. Profit margins go up 40%, stock will go crazy. But I also told you that that's a widely known thing. Everybody in their grandma knows that profits are going to be reported really


strongly just as they were last time I told you this about Newmont Mining where I first told you where the profit margin is going to be reported so strongly this quarters ago and the stock guys tremendously outperformed since they reported that as have all mining companies. There's a reason I put you guys into precious metals mining companies the high quality ones that pass 29 point leads analysis. There's a reason that I put you into oil companies which you're seeing play out worldwide


right now. In timeout, I didn't put you into anything. I gave you my opinion only. You made your own choices, your own decisions. But me personally, I put 80% of my investments into gold and silver related companies and physical precious metals. 49's pure, 99.99%. And the reason it's not 100% is because there's a legal reason because a fly might have landed in the molten gold while they're processing it. But it's close enough. That's pure gold and silver. Anything else is not pure gold


and silver. So physical silver, every single person can own physical silver today. If you want to buy physical gold, do it through Costco. I actually went and looked and the gold's absolutely pure and fine. You can get gold through anyone that has a good reputation that you can trust. Like you go to Peter Schiff's website, Lynette Zang, but they get more into the numismatics, which is more collectibles, but collectibles can't be confiscated. If you're worried about that, you go to


Mike Maloney's goldsilver.com. That's reputable. I've bought gold through them as well. And there's a few others online. Just make sure they have a good reputation and it's pure real physical metals. But as the mining companies are about to report their blowout earnings, it's a widely known thing. And so that pushes the prices up right until the date. And then when they release it could be a buy the rumor solact event where they say yeah we did have blowout earnings but everybody expected that and they already


drove the price up and so the price actually comes down on the good results. That happens all the time in the stock market. Just keep that in mind and that'll be a temporary thing anyways. I'm not playing the trades. I'm just investing and then being clear of mind going about my business working on moving. You guys will notice that I'm back at the studio. I took off from where the boat was. It's was too cold there and I ran out of laundry and also part of it was for pain management and


they had a hot tub and a tub in my room. The tub in my room didn't have a drain plug that worked and I don't feel like talking to them about fixing it. The hot tub wasn't hot enough. So, I'm back. But if you are new here, I want to tell you what I have told you. Over two decades ago, I was talking about in publications about the problems of this economy, the weakness of it, how it's all fueled by debt. And one of my articles got picked up by the US Library of Congress's blog,


The Hill, called America has passed the point of no return. And the point of the article was that we weren't yet past the point of no return, but there's things we could do to get this ship back on the tracks. I don't know if that's a real analogy or metaphor or whatever. There's things we could have done to fix it then. That's yesterday's news and people didn't know about this or pay attention to it or were aware of it. And now everybody is starting to notice, oh


wait, there's a problem with the debt bomb. There's a problem with the economy and they're still so far behind the they're still so far back because as you guys know, it's already too late because they're just realizing it now. They being most people are realizing, oh wait, there's a problem with the economy. it is weak even though they told us it was strong and they didn't realize and now they realize and so they say okay so I guess we have to fix this what can we do they're so far behind on


this whole thing we're too late now there is no way zero way there is absolutely no way to fix this economy now I really want you to let that sink in right plenty of the time I'm wrong point of the time I'm right about this. So what does that mean? Well, it means markets are coming down. The economy will get weaker. Unemployment will go double digits. Inflation will go double digits. And one decade ago, I was telling you to get involved with gold. That's what I went fully in on gold and


silver mining companies. I'm exposed more to oil now a little bit, but it's mostly everything I own. Pinpoint investing. It's not like I diversify and have a little bit of everything. That's what everybody else does. That's why everybody gets a little bit of what everyone else gets. That's why when you look at your neighbor, they did about as well as you did. I don't have any interest in doing the average. I'd rather go broke trying to do better. And so I pinpoint invest and it's not a good


strategy for anybody. I pinpoint invest where I'll put most of my investments in one concept which for now is gold and silver and it's working out pretty well and oil which is working out tremendously well. And then about 3 years ago or so, I told you about all of this complete demand on silver beyond the production capabilities. And I talked about how it led up to this silver squeeze beginning video, which was the best financial call that I've seen in my opinion. And I know I'm


talking up my own book or talking my own talking myself up, whatever, however you want to look at it. But I did make that call and it was tremendous. And if I don't talk about it, who's going to talk about it, right? I got to do a little bit of self-promotion. Sorry if it bothers people. Sometimes it does. And over the last couple years, we got into lithium and uranium, which both worked out tremendously well with some pretty great timing on those. And what do we talk about over the most recent year?


I've been begging you not to sell. And I can't say that I was trying to encourage you to do anything. You got to make your own decisions. But I was begging you not to sell. Gold and silver did so well. People say, "Should we take profits because it's suddenly a big profit over a short time frame?" And I kept saying it's not yet the time. And there is going to be downside for gold and silver mining stocks. But in the longer term, I am personally holding for the longer term.


I believe that the US dollar will continue to decline especially this year and that's going to feed into a strong spike in gold and silver prices, copper prices, cotton, pork bellies, coffee beans, liquid natural gas, name a commodity, pick your poison. And I also said over the last year, you haven't seen anything yet. And that's what I tell everyone, including newsletter subscribers, my own family, my friends, and the Peter Leads team members. I tell them that, too. And I encourage you to become or join the


Peter Leads team, which gets all these videos happening without sponsorships. Nothing's more annoying than a sponsorship, especially when you're trying to sleep listening to a video and they start talking about some natural supplement. What else I've told you over the last year is ignore the chaos. If gold drops $1,000 an ounce, ignore it. It doesn't affect you at all, except that on paper, maybe your assets decline a bit. But look at how silver, for example, drops 10%. You might panic and


say, "What should we do? We got to unload this." Next day it goes up 10%. Ignore it all. It's all irrelevant until you sell. Think about all the time that you spent when you bought gold or silver and it bounced around and you freaked out and thought, "Should I buy more? Should I sell more?" And just bouncing along. It's all about when you bought it and then when you eventually sell it. I'm going to sell my silver and gold. When the stock market does what I told you exactly what it's going to do, which


is drop about 80%. When the S&P 500, Russell 2000, the Magnificent 7 stocks are all capitulating. Nobody wants anything to do with them. There's no buyers. That's when you're selling some of your gold and silver mining companies and you're moving that money into a lot of these tremendously undervalued highquality top level American corporations, blue chip companies. Everything I've been telling you and directing you towards and explaining to you has led up to this year right now. It's all playing


out. It's time to duck and run and protect yourself. And the way to do that, in my opinion, is to have been listening to me. And if you haven't been now and at least in this video, you understand what I've been saying this whole time. And my angle here is not to sell you some healthc care supplement or get you to click my video and talk about stuff that's relevant so that then you get to see the ad that some company paid me to do. There's no ads here. And I'll be honest with you, when you join the


Peter Leads team that helps us be adree, sponsorship free, but that's irrelevant kind of in the sense that I'll never put ads or sponsorships. I don't want to say never, but I have no interest at all in trying to feed somebody an advertisement. I just want to help you land on your feet because I see exactly what is about to happen. It's beyond YouTube videos. It's beyond getting you to join my newsletter. It's beyond anything you've ever seen. The results of what is about to happen has


started to play out and this war is going to accelerate all of it. Everything is synergy. It's all one thing. It's beginning now. People are going to be saying, "I should have listened to you." Okay, granted, but some of you have listened to me. I'm trying to get everybody onto this life raft. And if I can get a few people on the life raft before the storm rolls in and the waves start crashing us all into the rocks, then that's a victory for me. It's a victory for you, too, I hope. And


that means that you can take the benefits of all this knowledge and information that you learn that helps you and therefore then pass it on to help the people you care about. Don't forget to tell me how long the war with Iran is going to last in your opinion and why. And we'll compare what you say to everybody else. And again, I think it's going to last at least another 5 years. And if you want the Peter Leadeds app, the only place to get it is through the Peter Leadeds website. All the


information now with graphics and images in your pocket wherever you go.