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 you see massive accumulation of gold and silver off the exchanges taking possession. So, let's put all of this together, right? So, what does it all mean when put together and let's think about the great reset. How do you get a great reset? Well, first you blow up asset prices to all-time highs at the lowest interest rates in human history. And then you incentivize [music] the world to find a backdoor because you watch what just happened to the Russians who 85% of the world is saying well

you're still okay to trade with because they don't like the way the west has handled things. [music] So they're all coalesing in this nation 147 countries on the belt road. All of these countries in um the the BRICS nations which amount to 90% of human population all of this together [music] and think of the fallacy of composition. All of these [clears throat] countries one by one can't stand up to the US. You put them all together and they will dominate the US. [music] So how does it all blow up?

Why do you own gold and silver? Why? Remember gold was classified the only tier one asset in the world next to US dollars. Remember the biggest money in the world, the central banks, the commercial banks, the sovereign wealth funds, the family offices, they're all buying it. They're all taking it off the exchanges, removing counterparty risk. You can see the draw down from all of the major exchanges. How does this all blow up? Simple. Saudi Arabia joins the BRICS nations. And Saudi Arabia says,

"Hey, US, thank you. It's been a hell of a ride. We appreciate it. As you know, we are being now protected by China and Russia. In fact, we struck a joint military cooperation agreement the day he pulled out of Afghanistan. You know what? It's in our best interest and all of OPEC who was on the belt road that we are going to open up energy purchases in other currencies including the the yuan the rupee the ruble maybe euro gold and dollars like that it's over because what happens

every country on the planet who has had to own dollars since 1974 dumps them because everyone will start dumping dollars as the dollar collapses that's pillar number Number one, the dollar value collapses. What happens when those dollars collapse and hit the US shores? Hyperinflation. What happens as an adverse reaction of hyperinflation? Interest rates spike. You have to have higher interest rates to compensate for the the loss of purchasing power. When everyone dumps dollars and and Saudi

Arabia and OPEC say thanks for the memories, folks. And everyone dumps dollars and interest rates spike, stocks, bonds, real estate at the same time collapse along with the dollar. The four pillars of wealth in this country, stocks, bonds, dollars, [music] and real estate will all collapse as interest rates spike and as the dollar is globally dumped. And this is your great reset. This is how fragile the system truly is and this is why you own precious metals. It is not to get rich is because we are on the cusp I believe

of a change. Now one last piece that I'd like to add to it. 75% of human population understanding on the belt road this new digital yuan. Well what is the digital yuan? To me it is a beta test. Just the other day, there was an article that came out by a man named Sergey Glazia. And he [music] is the Russian minister in charge of integration and macroeconomics for the Eurasian Economic Union. And he came out and he laid the fundamental principles by which the new US post economic postdoll economic system will be based.

And he goes on and says, and I [music] quote, that it will not be based upon any particular currency as with the Brettton Woods order, but rather a market basket of local currencies tied more deeply to an array of real commodities such as gold, other precious metals, grain, hydrocarbons, sugar, etc. So, think about the Chinese digital E1. What better way to roll out a distributed ledger technology [music] where you can show the world the veracity of everything that all of these countries have pegged. Why does the

European Union not work in theory? Because there's nothing pegged to it. And each country is moving in different directions. But how about all of these countries coalesing not only against the universal dislike of the western hedgeimonyy? So much so that we're seeing relationships being mended between Iraq and Iran where they're building a railway between Iran and Saudi Arabia. They're mending fences between countries who have hated each other for years. But you know the old statement, my enemy's enemy is my

friend. They are all coalesing against a central theme. But that's not enough. We need to peg it. Peg something. What are all the countries that own all the commodities? The bricks and all of the countries that are joining the bricks own all the commodities. So what better way to roll out distributed ledger technology but to show the pegging of all of the commodities pledged to the new bricks currency which they just announced is coming out. >> Welcome to Gold Silver 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. I've been working on a private road map for viewers who are more focused on protecting their wealth than speculating in uncertain markets. I'll share it at the end for those interested. 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. Why is gold tier one? You tell me. Did they understand that this was going to unfold? The inevitability and the arithmetic of the dollar's collapse. Is it going to serve as the central anchor for a new global reserve currency? What better way to demonstrate the immutability and the credibility of that peg than on a distributed ledger, the Chinese digital yuan, which I believe will function as the rails of a new system, the rails of a new bricks

framework leading to a bricks currency. And when that occurs, God help us in this country. The reclassification objective of tier 1 is massive. You know, just to briefly touch on that. And everyone in my field always believed that if anything ever ascended to the level of dollar dominance, it would be something like special drawing rights from the IMF. Maybe it makes a bit more sense why central banks are accumulating and taking ownership of gold because of its risk-free elevated tier one designation. So anyway, the dollar was

backed by gold as far as governments were concerned. We promised that any gold we were holding on your behalf, you could trade your dollars or even simply the dollars you possessed for gold at a fixed price of $35 whenever you chose. Toward the end of the Vietnam War, President de Gaul of France realized that we were issuing increasing amounts of dollars and treasuries to finance the war, undermining those promises. So he sent warships loaded with dollars to New York Harbor and told President Nixon,

"We want our gold returned in exchange for these dollars." And we gave it to him, draining a significant portion of the gold held by the US Treasury. And at that point, Nixon said, "Okay, August of 1971, that's it. The window is closed temporarily, though it never reopened, and we renegged on our commitment to the world." And from that moment on, the dollar was backed by nothing. And so the question I ask people out there, and it's astonishing how few know the answer, is what has made the dollar the

world's reserve currency ever since? And you hear a wide range of responses, usually focused on our military strength or the size and robustness of our economy or something similar. And you could argue some of that has merit. But what actually made the dollar the global reserve currency was that three years later, Henry Kissinger was sent to Saudi Arabia where he made a pledge to the Saudis. He said, "How about this? We will support you. Let's call it a joint military cooperation agreement and we

will stand behind you. We'll supply munitions and assistance. No one will ever threaten the Saudi kingdom. In return, OPEC will price oil globally in dollars." Okay, they agreed. And so since 1974, virtually every country on earth has had to hold dollars in order to purchase oil. This created a synthetic demand for the dollar known as the petro dollar and establish the dollar as the world reserve currency. If you want to power your nation, you must hold dollars. It is the protection of the Saudi kingdom

and by extension the relationship with OPEC that has allowed the dollar to remain the global reserve since 1974. Because 3 years earlier the link to gold had been broken. The dollar was at that stage fiat backed by nothing and clearly we all know how that story has unfolded. Yes valued viewers. Now I will share today's developments in the economy and precious metals. Gold and silver markets remain the center of global financial attention as we kick off the trading week. Live market data shows gold

holding near $4,900 per ounce, while silver is trading around $80 to $85 per ounce, reflecting heightened volatility and a significant draw down from recent record peaks. Last week saw dramatic swings in precious metals pricing. After gold reached near all-time highs above previous resistance zones and silver spiked above $120, both metals plunged sharply. The drop followed the US president's announcement of a new Federal Reserve chair nominee, which strengthened expectations for a more orthodox monetary policy and pushed the

US dollar higher, undercutting safe haven demand. Silver has been especially sensitive. Recent data shows it fell sharply into the $80 range, wiping out a large portion of earlier gains as investors booked profits and shifted capital as global equities and other assets rallied. Analysts remain divided on the outlook. Some view the current weakness as a technical correction after an extraordinary rally fueled by inflation fears and geopolitical risk, while others maintain a bullish long-term case pointing to central bank

gold purchases and persistent macro uncertainty. On the broader US economic front, markets are reacting to mixed signals. Recent employment indicators showed softer labor data, reinforcing expectations for potential Federal Reserve easing later in the year. However, equity markets are choppy with benchmark indexes showing mixed weekly performance as profit taking and sector rotations shape trading. Global markets are also contending with low risk appetite due to political uncertainty domestically, including concerns around

fiscal policy and government operations. Investors are watching upcoming PMI manufacturing data closely for indications of global growth momentum. Commodities beyond precious metals are under pressure as well with energy and industrial metals prices sliding amid softer demand forecasts and easing geopolitical tensions in some regions. This broader commodity slump reflects a cautious risk environment and reinforces safe haven contrast between real assets and cyclicals. In summary, gold and silver prices are already off recent

record highs and trading with large intake swings. Market sentiment is driven by shifts in US monetary policy expectations, technical profit taking and broader macroeconomic risk dynamics. Global economic indicators remain mixed, keeping volatility elevated across asset classes. If your priority right now is not chasing returns, but protecting what took decades to build, I've put together a private road map linked below. If your priority right now is not chasing returns, but protecting what took

decades to build, I've put together a private road map linked below. Oh