I mean the whole thing is going to be a mess, a huge great mess and trying to manage your way through that I think is going to be very very challenging. But my strategy I think would be you know get gold now because there is absolutely no doubt it won't be available at anything like these prices once these things happen. And silver incidentally well I know it's not a monetary metal but you know if you look at a gold silver ratio of what 8384 I mean this is plainly ridiculous it should be 30 or


lower. any trader that would dump billions upon billions upon billions upon billions of gold and silver at the most illquid time of the of the evening when New York is not open. No traders there to catch that. All you're doing is triggering sell stops that drive the price way down. You are guaranteeing yourself guaranteeing the worst settlement. >> Welcome to Economic News, your go-to destination for all things economics and finance. Whether you're an experienced investor, an inquisitive student, or


just someone who wants to stay ahead in today's everchanging economic landscape, you've come to the right place. Now, we'll show you the best clips of the latest interview. But first, smash the subscribe button, hit the like button, and send us super thanks if you find our daily recaps valuable. Enjoy the episode. >> You know, you're paying them a 60 basis point management fee. You can store in one of our Brinks facilities for a fraction of that. real real stuff which you can never take possession of of SLV


or GLD. It is expensive. But through all of this and even this month where we've seen a big fall back of 10%, 58,639 contracts taken off. Multiply that times 100, you'd have 586,000 ounces of gold. No, 5,863,900 ounces of gold taken off the exchange. And multiply that times 4,000. So, you're talking an awful lot of money worth of gold coming off just this month, but it's been that way every month since November. So, what what's the takeaway? Well, the takeaway is this. Starting in 2017 or 161 17, the


central bank started buying and repatriating their gold. And then it proceeded to be the the the family offices, the hedge funds, the um sovereign wealth funds. Now it's it's the the commercial banks are telling us this. Um and at the same time, but that that that excluded the New York traders all this time until November of this year. And now every month you're seeing deliveries like this of of millions of ounces of gold and silver every single month. Billions of dollars worth every


single month. And again using call it reverse psychology. use it. Contrarianism, that's a word. Um, why isn't anyone talking about this on the mainstream? Why do you not hear about the record deliveries? Who's taking billions upon billions upon billions? I mean, keep on going. Billions upon billions every single month. Who's doing it? Who's bleeding dry the LBMA? Why is there no talk of this? It is because the lack of journalistic integrity or effort on their behalf to tell anyone what's truly happening,


including the people who are trying to decide which way to to um invest is ridiculous. And it's just like this pullback that we've seen, right? The mainstream media is all over it. And a lot of the things they said are valid. A lot of them are. It was overbought. It had gone up for nine straight weeks. It had blown through moving averages. it was in need of a correction. They capitalize on all of that and then they'll put a cap on and say maybe it's topped and it's over just like in 2011


and 1980 before that. But what they failed to mention which invalidates all of it is that you know the snowball that was pushed down the hill to start this going in the access market when New York was closed when there were no markets open before Asia open when no trader Alistister will tell you that trader would be fired and shot not in that order. Any trader that would dump billions upon billions upon billions upon billions of gold and silver at the most illquid time of the of the evening when New York is not open. No traders


there to catch that. All you're doing is triggering sell stops that drive the price way down. You are guaranteeing yourself guaranteeing the worst settlement. And then of course, who did I mention? Bank of America and Morgan Stanley. Well, Michael Lynch says they came right in and scooped up physical shows the numbers and silver went right up. So, this is all a game that is being done for maximizing the effect. the fear and there is not one rational trader on the planet that would do that would dump it in the


access market. They would dump it over hours or days slowly bleeding it into the system not telling these traders how much they want to sell slowly so that the demand would would be commensurate with the supply. But they failed to tell you that they should have said all of these things are true but but they dumped it. and dumped it when there was no market open. So everything they say is invalidated and all the sell stops triggered freaking everyone out getting all what's going on with gold, what's going on with silver.


They never called when gold was going up for nine straight weeks in a row. And I think the powers that be understood we were entering a period of time where the public was waking up. That's a bad thing when you have a wicked short position. It was damage control. It was short covering. It was fagazy. And you'll see it right back up, I promise you, before the music stops. If this had been done the right way, slowly bled out over days and weeks in New York trading, I'd be less confident.


But any idiot, st stupid stupid idiot that would dump it like that when there's no traders, well, that invalidates everything that the media said, no matter how rational and logical and and valid those statements may be otherwise. That's just my two cents. >> Well, I actually want to just pick up on an earlier point you were making, Andy. The largest mine in the world is Comx because this year so far it's delivered around about 1,200 tons. That's three times three times China's total gold mining


effort, annual effort. >> There you go. And who is it? And why don't why don't we hear who it is? >> Well, >> when Bredenwoods concluded, there was a massive extensive propaganda campaign by the US Treasury to convince everyone that gold was no longer part of the financial system. Now, I believe it's essential to understand that that actually contradicts common law. Common law dictates that gold is ultimate settlement and everything else is debt. And this traces back to the first


collection of laws created in Rome which were at 448 BC that was refined by jurists in the ensuing decades following centuries and then included in Justinian's pandex. And naturally out of the Roman Empire came all the nations the European states from the Eurals if you prefer from Russia all the way to Portugal who went out and colonized the globe including the great US of A. So everyone's common laws outside you know China and so forth which is somewhat distinct everyone's common laws held the


same principle and that is that physical bullion gold silver was conclusive settlement and everything else was debt including paper currencies. That's the crucial point, their obligations. And the worth of a fiat currency relies on two factors. First, the amount of its issuance and second, the confidence its users have in the value of that currency. And the issue is that fiat currencies inevitably reach an end. And we've had this system now based on propaganda, nothing more, for 54 years.


It's approaching its conclusion, in my opinion. Why is it approaching its conclusion? It's doing so because governments employ fiat currencies always as a method of amassing debt without having to, if you will, keep the worth of that currency linked to gold, which restricts it, limits their maneuverability. It truly does constrain a government's freedom. So, you always see that these fiat currencies culminate in a towering mountain of obligation that then implodes in terms of its value


or counterparty or bankruptcies or whatever, whatever, whatever. And so, are we nearing that point? I believe we're getting very close to it in my view and when it occurs everything shifts absolutely everything changes and I think you know I'm very thankful I don't actually oversee money anymore but it appears to me that this is going to be extremely difficult for portfolio managers to navigate and this is why I mentioned you know I've tried to convey earlier and I know people have joined


since we began this that the first thing to note is the deflation of the credit bubble which has been fueled fundamentally by the expansion of bank credit That's where bank lending has been flowing. That's why the S&P has soared by what 50 60 70% or whatever in the last 2 3 years. That's the initial thing. Now when it deflates, when it bursts then you will see that everything which people possess in portfolios will be liquidated particularly where they've got profits because they will you know


it's human instinct you know when it comes to the losses. Oh you just endure them. But what you do is you sell off the things that have been performing strongly, you know, that you earn solid returns on. So I believe even gold producers would be sold out. But the one thing they don't possess is physical bullion. They don't own the metal, ETFs, etc. And I think that when the bubble bursts, I mean, you might have to count to 10 or something before it materializes, but the next phase will be


bond yields increasing, making the circumstance worse. Liquidations in the market. You'll find foreigners will be dumping what to them are foreign equities. And remember, they've got 16 trillion invested in US equities. I mean, the entire thing is going to be chaotic, a massive, enormous disorder. And trying to steer your way through that, I believe, is going to be very, very demanding. But my approach, I believe, would be, you know, acquire gold now because there is utterly no doubt it won't be obtainable at anything


like these values once these things unfold. And silver by the way well I know it's not a monetary metal but you know if you observe a gold silver ratio of what 83 to 84 I mean this is clearly absurd it should be 30 or below so the two monetary elements I believe you take a position in those and then you've got to navigate the collapse of the bubble something profounder is occurring beneath the surface of the gold sector a subtle yet potent shift away from paper assets while headlines emphasize


short-term price drops. The real narrative is the steady transfer of physical bullion out of the financial framework and into private, national, and institutional hands. Every extraction from exchange vaults erodess the illusion of plenty that the paper arena relies on. Behind the curtain, major participants are bracing for a different monetary order, one where leverage and derivatives won't command the same influence they once did. The current retracements, abrupt and conveniently timed, appear more like a


handoff of ownership than a shift in sentiment. Informed capital isn't selling, it's repositioning. The broader perspective indicates fatigue in the credit structure itself. Years of inexpensive borrowing have inflated everything from equities to property. But when liquidity contracts, confidence vanishes alongside it. That's when tangible assets demonstrate their genuine worth. Gold and silver aren't just protections. Their exits from a financial regime constructed on obligation. What this period symbolizes


is a global reappraisal of faith, a migration from digital assurances to physical evidence of wealth. And as this transformation quickens, the question becomes whether the public will perceive it in time or awaken only after the vaults are bare and the paper claims are valless. So stay tuned. If you're into authentic data supported insights on the financial sphere, hit like and subscribe so you don't miss the weekly briefings. Thank you for the support and I hope you enjoy the Don't forget to like our video and


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