Gold and silver prices have come down pretty strongly lately and a lot of people are worried. They're saying, "Should we sell? They're crashing. What do we do now?" And this video is absolutely for you. And I'm going to explain to you one time, and you're not going to like this. But the real reason why gold and silver are going to do what they're going to do in this video. I'll tell you exactly what that is. Everyone is still missing the points. Everyone is still looking at the wrong things. Even


the people I agree with who say gold's going and I like their outlook where it's going to go and I agree with them. The reasons that they're citing are not the main overriding reason. There's still and this is why we did so well with this trade because so many people were looking at the wrong things in this video. I'm going to tell you what everybody's missing and how serious of a moment this is. And if you're like me, you don't like when you're watching a YouTube video and they've got a


sponsorship. If you like the fact that we don't have sponsorships, please click like. And for supporters of the channel from the weekly letter, this is where I detailed a lot of this. So, I'm going to read you the most important parts of this and you'll understand a different way to think about gold and you won't be so worried about it. And I'll remind you that I don't know where anything's going to go. I don't know where gold prices will go. I don't know where silver


prices will go. I only can tell you what I believe based on my analysis, historical precedence, logic, and probability, and extensions of the current trend. In the short term, anything can happen. I'll never say that gold prices will go up tomorrow. And in fact, maybe gold and silver keep on dropping. Maybe they keep going lower in the short term. But the longer out you look, the more forgiving that outlook can be as long as you're looking at the right things. And that's the whole point


of this video. Everybody who's talking about this trade, talking about war, talking about central bank buying, everybody has their variables that they put into their analysis or their expectations. But they're still not talking about the main thing. The main thing. And this is a once in a-lifetime thing. And it's huge. And the whole point of the video, and you're not going to like it, but I'm going to just tell you. I just tell you stuff. It's not that I'm always in favor


of it. I say that there's going to be boots on the ground. Then people come to me and say, "Israel has a right to exist." I'm like, I didn't I'm not I wasn't I don't have a horse in this race. I'm just telling you stuff. And then you act on it. You do what you want to do. There's a tremendous number of ways you can benefit yourself and profit in this horrible time in the world, especially because of this horrible thing I'm talking about in this video.


That is what everyone's missing about what is going to be happening with precious metals prices. And from the weekly team letter for supporters of this channel, I can tell you that I don't know where prices are going to go. I only know where I believe they should go based on the analysis I put into them. I've got a pretty darn good track record, especially when it comes to the precious metals prices. But all that analysis, all this logic and probability, it doesn't guarantee that the prices


will cooperate in the way that they should. So yes, there's hundreds of millions of ounces of silver needed each year more than is produced. That doesn't mean silver prices go up. It just means that if they don't go up, they're going against what has happened almost every time when you're talking about supply and demand with any kind of asset. But based on what I believe is going to happen to the US dollar, first of all, we'll start there. In 2026, I believe that there will be a currency crisis for


the US dollar and that's going to add a lot of weight and power to things like precious metals. But based on that, if that plays out as I expect, then the trajectory or the destination actually for precious metals prices is not only higher but strongly higher from current levels. And I also went on to say that I believe the ddollarization worldwide is still chugging along and countries that have already started backing away from the dollar like China can do it more aggressively. Say for example by telling


their banks to start being okay with unloading US treasuries which are just basically IUS. China or Japan will give us money to cover the cost of the things that we've already consumed and spent money on so that we can avoid another government shutdown. And they don't have to do that. What they get is a promise that we're going to pay them back. But now they're realizing, wait a minute, they're going to be paying us back but with dollars that have less value because they're diluted because they


created so many more. But this isn't even the thing that this video is about. I'm trying to get to it through this weekly team letter. I want to get to the main point of it. And if you're a supporter of the channel, you already know what this is all about and you get what I'm saying here. And time out. If you want to get more videos like this, please subscribe to the channel. And even as this commodity super cycle begins, which will affect all commodities, like some of them, such as


helium and copper are already flying along pretty good. Precious metals too, except for in the very recent past. Anything can happen in the short term. And after a long run in an asset class that no one's really understanding it the right way, yeah, you're going to have a drop back. Well, there are a few reasons for this most recent decline, which includes a strengthening of the US dollar in times of chaos. Usually, you go to gold in times of war, but that hasn't kicked in yet because people are


still not getting this. There's a belief that maybe we won't be lowering interest rates this year as aggressively as we previously thought. But the one thing that everybody will cite because if they're just coming along, this is the first thing they say. They talk about central bank buying. Central bank buying was relevant 10 years ago when I was talking about it. Central bank buying was relevant when I told you that China and Russia were pigging out on gold. Central bank buying was relevant when


more and more countries bought more and more gold or more and more countries started buying gold for the first time. And I talked about it the whole time and now we get here and everybody's telling you that it's about central bank buying. Central bank buying has declined in recent days. Here's a chart of it to show you. The top half is all the buying of central banks. The bottom half is all the selling of central banks. And you want to look at that line because the line is showing you the difference. And


you can see that it's still net positive, but it has declined compared to quarters and quarters ago. It's very close to flatline right now, but it is declining. It's still net positive. There's still more gold being bought by central banks than sold, but it's not a meaningful amount. But what's happening that you don't see in the chart is that the breadth of the purchasers is widening. What that means is that there's more central banks that have never bought gold that are jumping into


this and buying for the very first time. And there are some countries that haven't made a move for over a decade to have some gold in their holdings. Haven't done anything. They're sat there quietly watching. All they're popping their heads up to buy some gold for the first time in a long time. But all their price drivers to push gold prices up. so strongly in such a short window of time, faster and more meaningfully than ever in the history of mankind in the shorter window of time that's ever happened. All


those price drivers are still intact. There is still net central bank buying less positive. There's still escalating war. There's still going to be a deterioration of the dollar. I do not believe the trend and strength in the dollar is going to be able to maintain. And it went on to say that so far it's significant that gold and silver have both held significant levels. Gold's over 5,000, silver's over 80. And you say, "Oh my gosh, silver's coming down. Silver was at $22." You


realize you're looking at a shortterm window of time. And this is what I go on and on about with investing, how it's boring. You guys are so spoiled because precious metals, which we've been talking about, and then the other thing we've been talking about is oil. You can say gold prices are higher because if you look back far enough, but they're not higher than two days ago. So when you say should we sell, is gold crashing? It depends on your time frame outlook. As long as you're not looking


at a short-term time frame, stick with precious metals. But I'm going to tell you why though. And it's bigger than you think. And the prices are going higher than you think for all the wrong reasons, which will be horrible and you won't be in a better place when this happens. But you better hook on to this or else you're going to be in a lot of trouble. We're almost getting to the point of this video which you're not going to like. Something that's very bullish for gold is war as well. The


mining company's earnings are coming up in about less than a month number of weeks. It's earnings season. And I told you that when they do quarter 4 and it makes the annuals, but when they do the quarter 4 results, the release, that's based on the price of gold up to the end of December 31st, how much money they made, the cash flow that they're producing, the profits that they're just dumping onto the shareholders. All of that is based on the price of gold throughout the quarter


four of this year, which is dramatically higher. And that's all going straight to the total revenues, which then trickles down to the profit margins if they're managing the company properly in the operational sense. And those profit margins are going to be going up so much higher. And as I always tell you, when the operations get going, the share price often follows suit. And if you like what we're talking about, please subscribe to the channel. So between the earnings coming up and more


both of those should be very bullish for gold irrelevant of the slowing down of the central bank buying. So the way I look at it there's no way that no question in my mind and I'm wrong 100% of the time I don't know what I'm talking about. You got to make your own decisions. And why do I always say that? I want you guys to start having a little more confidence to make your own decisions. You don't need to check with me for everything because I'm not perfect. You need to make your own decisions


because then if it goes badly you blame yourself. If it goes well, you get to keep all the glory of that. I can help guide you and I hope I do. But I want you guys to start relying not on me so much. I'll give you a path or direction. I'm wrong lots of times. I'm mostly right about this stuff. I'm usually right given enough time because my outlook is always longer than most people's outlook because they're just coming along to investing and they want to see quick gains. which is why all


these quick gains we saw in precious metals has been such a negative thing because now people are expecting that's normal and it's not normal. And I'm obviously making a point to try and drive this into your head that you've been spoiled and just trust in the process. Position yourself appropriately based on what you think is going to happen, which I'm going to explain to you in this video how big this is and how far it's going to go. And then wait for the prophets to come


to you. Then you take the profits and you help your loved ones. You help yourself and you get through what's going to be a terribly difficult time coming up soon in a lot better shape. We're all going to be hit by this. We're all going to be affected by this. But as I always tell you and I tell you and I tell you, more millionaires are made in the Great Depression than any other time. This will be exactly the same thing. It's almost though even now the mining stocks are still unloved even after they've


doubled or tripled most of them, the good ones that we follow. And by the way, if you're a subscriber to the newsletter, I'm going to go through all the stocks that I own personally that are precious metals companies. And I'm going to release a report to you. And I was hoping to get it out today, but forget that. This place is crazy. I'm so surrounded by cords and beams of wood and power tools. I don't have a kitchen or a bathroom now. But my point is that a lot of these precious metals companies


that pass 29 point leads analysis are still unloved. it feels like even after they've risen so quickly because the underlying fundamental factor that's pushing them the price of the metals themselves is a real thing that increased. A lot of times you'll see a stock goes up 100% and you go and check why did it do that. And a lot of times it'll be for a reason that isn't going to be lasting. But if you see a stock go up 100% and you look and you say, "Oh, the thing that they mine is now worth


three times as much as they used to be," then yeah, that gain will be lasting. But when you ask, "Wow, precious metals prices are crashing. What should we do?" Some guy came on the or a lot of people actually came on the comments below the video says, "Silver's going down, gold's going down." So I just reply and say, "Well, then sell it. That's what I'm talking about. Stop leaning on my shoulders. You can do your own research. You have access to all of the


information on the entire earth at your fingertips right now. As long as you have working Wi-Fi. If you're a weak hand, then sell. If you're among the weak hands, that's what everybody else is going to be doing. And this is why a lot of the stocks are coming down. The weekends are getting shaken out. Is it a buying opportunity? Of course it is. This is part of the reason why I always tell you that even if gold drops $2,000 an ounce one day, don't even worry about it. Don't even worry about


it. All this stress and all this focus, you have other stuff you could be doing. You got other ways you could be feeling. Just truly believe what you believe in and act on it. And it's important that you believe in yourself always, especially when nobody else does. Here's a chart of central bank gold purchases, which are off to a slower start in 2026. If you take out the outlier of Russia, who they dumped about 9 and a half tons of gold, then we're back to strongly net positive for the central bank buying.


But more realistically, if you take the highest outlier and the lowest outlier, then that's a more realistic scenario about how much gold buying is happening and it's still mildly net positive. That can increase, especially if this war expands. But even if they start selling, that's just them making a mistake because you'll understand the mistake they're making in about 2 seconds. We're almost there. And if you can't handle a vicious drop in gold and silver or the mining stocks, or if you're a person who


expects them to always increase because they have been for quite a while now, then you need to step back and rethink about your entire investment approach. We've all been spoiled by an unreal momentum that has seen precious metals prices spike strongly, and now they're taking a breather. But here's the point. Here's the point. Here's the point. And people won't believe it. Just like I said, we'll have boots on the ground and Iran will decide when the war ends. And people don't believe it at first because


they don't want to or they think that I have a horse in this race, which I don't. I'm just telling you. But here's the whole point with gold that will answer all your questions. I'm going to read it so I don't say the words wrong. The market has the entire gold and silver space wrong right now because there's still a lack of realization of what is truly going on. We are in the beginning days of the decline of an empire. Part of that involves the revamping of the entire global financial


system. Exactly at the same time as the US dollar is beginning its decline phase. People are not understanding how significant of a moment this is as United States is seating the top spot to China in terms of military, political, manufacturing, financial, economic, technological. Everything is playing out almost exactly the same way as it has many, many times over and over again in history, provably, demonstrabably. All of this is absolutely nothing new, which is why it's so weird to me that no one's


seeing it. Some people have talked about a little bit, but by some people, I mean a couple maybe. The last stage for any declining empire always involves war and dilution of the currency. The last stage for the decline of any empire involves a war at top the pile of rapidly multiplying currency units. This setup applies to the Spanish or the British or the Portuguese or the Ottoman or the Roman empires etc etc. This is absolutely nothing new. And the decline will involve the dollar going down strongly. The decline will involve


precious metals prices going up ridiculously strongly. Venezuela had the best performing gold market and best performing stock market has entered hyperinflation. And I'm not calling for hyperinflation. I'm saying that as a nation declines, it manifests in certain ways. Just like when you push down on a water bed, as our nation declines, this is going to be pulling the dollar down dramatically. By extension, precious metals prices are going to go well beyond levels which very few yet even recognize


except for you. But you do. You recognize it. So now you can benefit from that position yourself to help the people that you care about and yourself. You have all the information just given to you for free watching a video. What could be better? I know that you don't agree with me. I know that a lot of people are going to push back. That's irrelevant. I'm just telling you what's going to happen, what is happening now. I'm not trying to stand up for anything or get you to think any


way. I'm just telling you if things play out as they always play out when there's a war and a massive increase in the currency being produced by the nation or a watering down or dilution of the currency at the time of war. War is actually a manifestation of what happens when a nation enters decline. That's a lot of the ways that nations will try to hold on to what they used to have. And it's hard to take it this way, hard to hear, and you probably really dislike me for saying all this. Again, it's


irrelevant. I have nothing but love for you guys. And I'm just trying to help tell you what I see. If I'm right again, you're going to be grateful to have paid attention to this right now as you have.