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 and I think you have to kind of take a step back and see what the biggest players in the world are doing and the biggest players are the central banks who are who are massively dollariz and buying Commodities and I think that's kind of the thrust that fits hand and glove what zultan posar said we are heading into a a a new era based on Commodities and transparency not opaque debt instruments and promises that seem to fall short and you know I just think that this is something that um will will

be a very very you're watching silver News Daily like this video And subscribe to the channel for the best news that you don't want to miss now let's get straight to it imagine a world where the dollar no longer dictates the pace of global trade a world where silver isn't just a precious metal but the backbone of international Commerce this isn't a fantasy it's the future today we're unraveling how the potential collapse of the dollar and the Strategic Maneuvers by the brcs Nations could catapult

silver to become the most traded and valuable currency on the planet stay with us as we dive deep into this unfolding Saga where fortunes could shift and a new global economic order emerges don't miss out on this journey to the future of Finance I don't know that it happens in 2024 but I would say it's close damn near close to 100% that it does happen that is what they are intending to do barring any unforeseen events it is how you gain legitimacy when people say you know who's going to trust Russia or

they'll or China they'll say look at look at the European it didn't work well they didn't have the glue that that holds it all together and that glue would be a backing of something that is legitimate and if you back just enough to inspire confidence you still have the ability to expand the money and Supply to do monetary things that you know a one to1 ratio wouldn't do and I just think there is no way that these countries because of all of the points that are fair and valid about China

about Russia about all these countries that I think it's important to look at the way the rest of the world looks at the United States when we make that comment how do you think Iraq feels about the United States now again I'm a patriot I love this country I am not rooting for this to happen but I'm saying when you try look if you're if you are in an argument or you are in a debate class or you're an attorney if you only focus on your argument and don't look at their argument you're

going to lose and I think their argument is one that is is compelling and I think the only way to make it work to take all of that out of the equation the the lack of trust in a new system back based on who's backing it well fine I agree with that but what if you have a way to sidestep that and that is to pledge what is now according to the B the only other tier one asset to something like that is immutable like a blockchain and show the veracity of it so you can't screw with it as we stand

on the brink of a Monumental shift in global Finance the dominance of the US dollar a Cornerstone of international trade for decades is being challenged like never before the brcs Nations an influential block comprising Brazil Russia India China and South Africa are leading this charge frustrated by the constraints of a dollar dominated world they're seeking Alternatives pushing for trade in their local currencies and reshaping the financial landscape this isn't just a rebellion it's a strategic

move signaling a deeper discontent with the current Global Order as these nations convene proposing a new Financial Paradigm the question isn't if the Dollar's dominance will wne but when and as we peel back the layers of this complex narrative we uncover a startling beneficiary of this shift silver join us as we explore how G political tensions and the Quest for economic sovereignty could not only Dethrone the dollar but Elevate silver to unprecedented Heights remember this conversation isn't just

for economists or investors it's for anyone keen on understanding the future dynamics of global wealth and power I I I think it yes it is speculative I think ultimately it people will look at it as a store of value but you know you don't see a store of value go from 65,000 down to under 20,000 that's too volatile but what it is is you know it's um it's an alternative to the Fiat based system and for that I I respect it and you know Doug Casey made a a a a phrase very popular that one that I say all the time

and I give them credit for it because it's genius and and is that you know gold and silver are assets that are not simultaneously someone else's liability and in the world where counterparty risk is really growing I think that will become an ugly word ugly phrase in maybe this year or soon with the banks failing and whatnot I think Bitcoin have held properly in in a cold storage wallet or whatnot is the same thing and it's it's the removal of counterparty risk in a world where I think counterparty risk

will will be something that will dominate the news look bail-ins are something people need to understand Google it read about it and if a bank fails it's supposed to be bailed in which means you're an unsecured General creditor and nobody in this country understands that and they will understand very quickly how diabolical the phrase counterparty risk truly is so I think there's a lot to be said for it but I don't think it's the store of value that gold and silver are but I do

think it's it's maybe the next best alternative and it's certainly going to make you probably a lot more money than gold and silver would if it goes to where people think so take some of that profit and put it in in in money that's been considered money since the beginning of time and and that's a way to head you amidst this backdrop of financial rebellion and the search for an alternative to the US dollar The brcs Summit in Johannesburg emerges as a pivotal moment in history the brcs

nations are not just contemplating a new finan cial order they're actively forging it their Collective discontent with the Dollar's Reign has set the stage for potentially seismic shift in how global trade is conducted by considering the inclusion of other powerful economies like Saudi Arabia the world's second largest oil producer brcs is not only expanding its influence but also signaling a future where trade in Precious Metals could become the norm this strategic expansion isn't merely a

challenge to the West's Financial Supremacy it's a clear indication of the Block's aspiration to reshape the economic landscape in favor of a more balanced Equitable system as these nations lean towards trading in their own currencies and possibly even in gold and silver the implications for the Global Financial system are profound the Dollar's unchallenged Reign is under threat and in its place a new multi-polar world of Finance is beginning to take shape one where silver could play a starring role

in the annals of History silver alongside gold has served as the Bedrock of monetary systems a symbol of wealth and a Bull workk against economic turmoil this isn't just about Nostalgia it's about understanding the intrinsic value and stability that precious metals bring to the table especially in times of uncertainty as we delve into the past we find that gold and silver were not merely Commodities but were revered as the ultimate stores of value units of exchange that transcended the limitations of Fiat currencies the

renewed importance of silver in today's geopolitical chess game is no coincidence with the RCS Nations pushing for a departure from the dollar and exploring Alternatives that could include precious metals we're witnessing a Revival of interest in Silver's Timeless value this historical perspective isn't just academic it provides a crucial insight into why in a world brimming with digital currencies and volatile stocks Silver's aure remains undiminished as we stand at the cusp of potentially groundbreaking ships

in global Finance the enduring Legacy of silver as a safe haven seems poised to reclaim its place at the heart of economic transactions resonating with investors and Nations alike who seek stability in an increasingly unpredictable world I had a guy that worked for me uh his name was Andy Hoffman he he was maybe the most prolific writer I've ever met and he came to me many years ago and Bitcoin was 3 400 bucks an ounce then it started to really take off and he said listen I have this idea of Bridging the Gap

between you know these new Bitcoin Millionaires and old money gold I said that's a great idea and it it our things didn't really work out so well but the point of it is since the day it came out even though it was something that I didn't understand and owned a tiny tiny bit of I understood that we both and and as I was speaking with one of your Associates before this interview I said to her I said Anna they both came in through the same door the people who buy Bitcoin and the people who buy gold they

come in through the same door of understanding where the Divergence is is that I think the people who buy gold are looking to preserve rather than to profit and arguably the people who own Bitcoin are looking more to profit than they are to preserve so why not marry the two um why not take some of your chips off the table when you make a gain and put it into gold it doesn't have to be an either or because the ideologic thought process to get to you know push back against the the mismanagement of the of the dollar O of

inflation of of things that get people in through that door they're the same or damn near close to it where we diver is that people I don't sell gold and silver to people to get wealthy It Is wealth and has been for 5,000 years through every pandemic and two world wars and German hyperinflation and the Great Depression every Central Bank on the planet nearly owns it they're the ones buying it so that should tell you something but I don't disparage Bitcoin at all in fact I think it's intriguing

especially in light of what's happening to the dollars so my advice to people would be do not think either or do not be narrow-minded be more open-minded and you know I have a friend that I used to travel with our families would travel together we'd always end up in Casino somehow uh when our kids would go to bed and and he would every single time we left the casino he cashed in at the cage with tons of money I'm like finally I said how the hell do you do that every time I'm sitting there with you I I

don't I I'm watching you where do you come with all this money he says every hand I win Andy I put a green chip in my pocket 25 bucks every time and at the end of the night he got a pocket full of chips and that's the analogy here Bitcoin is very vable look what it did today because of rumors that the the SEC will not um that they're going to reject these these um applications for the Bitcoin exchange ETF exchange Trad F yeah and bang it went straight down but it bang it went straight up earlier in

the year so why not take some profit off the table and put it in in old money to guarantee that when you leave the casino you got money in your pocket to go to the cage and cash it out that would be my advice to people it's not either or their both important or or should be both considered and look at it as an either or rather than a one and look at it as a combination both rather than either the concept of a silver standard might seem like a relic of the past an echo from an arrow when the physical

value of currency was as tangible as the coins jingling in a pocket yet understanding this monetary system is crucial as we navigate the potential ships in global Finance today the silver standard a system where a country's currency value is directly linked to a specific amount of silver offers a stark contrast to the Fiat currencies that dominate our modern economy unlike fat money which relies on government regulation and faith in the issuing authority the silver standard's value is underpinned by the physical silver it

represents this concept isn't just theoretical it's a testament to the intrinsic value of silver as aite resource under the silver standard currency holders could in theory exchange their notes for a fixed amount of silver anchoring the currency's value in something tangible and crucially scarce this scarcity is vital in a world where central banks can print money in vast quantities the appeal of a currency backed by a physical commodity becomes clear it's a hedge against inflation a

Bull workk against the devaluation that can erode savings and destabilize economies yet as we stand in the 21st century No Nation operates under a silver standard the shift to Fiat money has been Universal a move towards greater flexibility in monetary policy allowing countries to respond more dynamically to economic crisis but this flexibility comes at a cost the risk of inflation and the potential for financial instability driven by the very policies meant to prevent it as we explore the possibility of Silver's

Resurgence in a world looking beyond the dollar the principles of the silver standard offer a compelling framework it's a reminder of the stability that tangible assets can provide in the Global Financial system in an age where digital transactions can move billions across borders in seconds the idea of currency back by physical silver might seem Antiquated but it speaks to a fundamental desire for assets with inherent value Silver's history is deeply interwoven with the story of Economic Development from ancient

civilizations to the bimetallic systems of the 19th century silver has played a pivotal role in Commerce and trade its Journey from the mindes to the mint from the vaults of Empires to the pockets of the populace is a saga of human endeavor and economic Evolution this isn't just about Nostalgia for a bygone era it's about recognizing the enduring value of silver in a world that seems increasingly detached from the physical realities of wealth the conversation around reintroducing a silver standard

or increasing the role of silver in our financial systems isn't merely academic it reflects a growing awareness of the vulnerabilities inherent in our current Financial architecture the debate underscores a yearning for a more stable predictable foundation for our economy especially as geopolitical tensions and technological advancements make the financial landscape more complex in this context the exploration of Silver's potential role isn't just about looking back it's about looking forward as we

consider the future of Finance the lessons of the silver standard remind us of the importance of gramming our economy and assets that hold intrinsic value this exploration isn't just for historians or economists it's a crucial consideration for anyone interested in the future of money as we Ponder the possibilities silver stands not as a relic of the past but as a beacon for a more stable tangible future in global Finance Minister from Russia has always said basket I've always reverted in my

mind to Gold why else would the bis after 70 years of it only being dollars and treasuries say gold is now tier one to me that's the ultimate and I think the basket of Commodities is is difficult because of the characteristics that gold um maintains if you go back and look at I think it's Aristotle's characteristics of money seven or eight characteristics of money that's what gold is and it's not like you can have bushels of wheat pegged to the system or barrels of oil I guess you could but I

think there's a you know there's a it would have to be rotated and all that kind of stuff so ultimately I would think it would be a a a a a goldback uh currency but I can't say that for sure because that's in that's in conflict with what the Russian Finance Minister has said candidly that it would be a basket of Commodities backing their new currency aspirations so I don't know but in my mind's eye I see it being gold uh and primarily gold so having having said that and having just confirmed all of

the data points that are moving in the direction of this happening and accelerating in 2024 we did see gold here to in alltime high in 2023 of around what $2,148 an ounce on December 3rd uh right now spot gold is trading at what $2,040 what's your outlook for gold in 2024 look I mean gold held up very well in the face of uh Rising interest rates and you say what you want about the real interest rates and say what you want about the changing of of the metrics by which we gauge interest rates and I

always tell people go to John Williams Shadow stats they'll tell you interest rate or inflation's at 10% so but let's just take the FED at their word and and and say that you know for the first time in a long time that theory of real interest rates completely and totally derailing the gold rally was wrong it held up incredibly well in the face of 11 straight increases in in rate in interest rates and uh I think that when you realize that the most not only the most well-funded but the most

well-informed Traders on the globe um have been buying gold hand over fist for the last two years it's very compelling and then when you take a look at what's going on right now well and two more things really one being yeah you're right it did hit all-time highs on GLD it did hit all-time highs on the London medals exchange and yet it's completely zero hype globally about it or at least in North America about it why is that that that doesn't make sense to me I do believe that this year there will be an

inflection point or soon anyway that the mainstream starts to realize what gold is and and the virtues of it maybe it has to do with the bank bailin which most people don't even know what the hell that is but it was written into law in The Dodd Frank act but here's something that a lot of people aren't talking about and I think it should be uh and that is that if we go back to the 27th of December just a few days ago and I don't have what it was on gold but I do have what it was on Silver but I can

give you anecdotal evidence on gold and that is the closing price of silver on the 27th on the Shanghai gold exch the Shanghai Metals exchange gold exchange was 2650 an ounce and on the CME or the lbma it was 2431 it's 10% higher in Shanghai now gold has been trading as much as over over $100 an ounce higher in Shanghai than it has on the ldma and it has on comx slowly methodically little by little turning up the heat arbitraging all of the gold and silver that that isn't nailed down and so I think the

bottom line is look from a technical standpoint $2,000 was the the resistance that could never be broken now it seems to be the floor so I would expect things uh to or the market to do well for gold here in 2024 but I think when people make predictions in a time frame it it and and Mr Rickards who I respect tremendously I think he paid the price for doing that I would just simply look at the at the macro and say yeah the chances of it happening whether it be this year next or the year after is is

the probabilities are huge but you're ready to call a bottom of at 2,000 I would say that it it from a technical standpoint it represents a floor now does that mean it could be broken look if you look at what happened today and and look at how the minute right of course the day that there's you know a Fed meeting the the minute it closed in Asia and it was on the upswing in Asia the minute it hit the corrupt AM and PM fix in London bang it just collapses hits comx open bang it collapses even more what I'm getting at

here is that the West controlling the metals price where in a market right now in terms of silver it is re hypothecated 1,500 % there's 1,500% more paper contracts than there are bars backing that's what the Hunt Brothers noticed and I think the legitimacy of of an exchange that can price oil at 4040 a barrel or can smash the price of silver like that where a levered Futures Market the tail wagging the dog controls the the ultimate commodity price is something that that these countries right now deeply resent but they're not

bitching about it because they're the ones buying it all and it is the price set setting mechanism of the world for now but wait until there's no metal or or Commodities anywh any of these price Commodities that will be delivered at these stupid prices and then watch how fast it shifts Eastward I think ultimately you'll see something like the Shanghai gold exchange or an exchange in Dubai take over for legitimate price setting rather than a comx market that is allows rehypothecation and naked

shorting all of these things that are creating distortions in in these in these ities that are not real as we pivot our gaze towards the current dynamics of silver prices within the financial markets it becomes apparent that we're navigating through a period of anticipation and speculation particularly in light of upcoming Federal Reserve decisions and economic indicators the price of silver traditionally seen as both a precious metal and a Haven asset is exhibiting signs of volatility influenced by global

economic sentiments and monetary policy expectations this fluctuation is not occurring a vac it is deeply intertwined with the broader Narrative of the US Dollar's dominance and the burgeoning efforts by the brcs Nations to challenge the status quo silver prices at the moment seem to be caught in a tug of war between bearish sentiments driven by the anticipation of Federal Reserve speeches and the potential bullish Catalyst stemming from geopolitical ships and the Quest for alternatives to the dollar the

resistance level at $23.55 becomes a focal point a threshold that could signify shift in Market sentiment pending the broader economic indicators and the fed's policy Direction This ongoing uncertainty underscores the market sensitivity to not just immediate economic data but also long-term geopolitical and financial Trends the intricate dance of silver prices in the shadow of Federal Reserve decisions highlights the complex relationship between monetary policy and commodity markets Federal Reserve

Communications are scrutinized for any hint of ships and policy that could influence the economic landscape the delicate balance the FED seeks to maintain between stimulating economic growth and controlling inflation has direct implications for the value of silver as investors and central banks alike assess the FED stance the price of silver becomes a barometer for expectations around inflation currency devaluation and the overall health of the global economy the resilience against the hegemony of the US dollar

the Strategic importance of silver in this emerging multi-polar currency World cannot be overstated as Nations increasingly seek to diversify away from the dollar Centric trade and Reserve systems silver alongside gold emerges as a pivotal element in this diversification strategy the potential for silver to act as a stabilizing Force amidst currency fluctuations is gaining recognition reflecting a collective anticipation of a future where the traditional Financial paradigms are appended is my friend you know there was

a report that wasn't well publicized but you'll find it if you look and that is that you know XI jingping and MI on the sidelines at at the uh at the the summit and and basically said that look we will do all we can to resolve our border disputes of course you mentioned Iraq and I mean Iran and and Saudi Arabia and building embassies in each other's countries and uh the first Railway and Road being built between Iran and Iraq and look it's not going to be easy but that's why I believe when you have a a

system like they are set up or they're setting up or have set up it lends itself to cooperation and the respect that the presidency as an example rotates each year you mentioned it goes to Russia just left South Africa each year the the main countries then get to take over the presidency and I think the way that you resolve that is to not make any one country a dominant central figure and that's where blockchain and that's where where Commodities that are pegged to a blockchain come into play to

give everyone equal voice equal footing equal say at the table um look I I would simply say this when you look at the way things are being done in large part and the Belt Road initiative is a good example they are being done in a mutually Cooperative manner where you know everyone is winning in in the Endeavors of of increasing the infrastructure of Building Bridges and Roads and Maritime channels and building oil refineries and and Gold and Silver Mines and all of the things that help these countries industrialize it's not

going to be easy certainly not but I do believe it will be one that will be built on cooperation and the very fact yes they may have suspended flights over a technical uh issue but again you know this is not something that you can just snap your fingers and say okay it's all fixed but you can see the drive to make it work and look if people if countries don't agree with the us we just come in and we do things in a more more coercive manner these countries are at least trying to do it diplomatically I'm not

saying that this is going to be something that will be easy but what I am saying is that for the first time in history there is a coalition forming and if done the right way uh using transparency using Commodities you using Mutual beneficial um tactics where no one country rules the roost then indeed I think it has a very very strong probability of working at least working out their their differences enough to allow them to um you know know at least try and reach their their ultimate goal and and that is of having a a um a group

of countries that is not beholden to the west and to the West's IDE ideology right I mean you know one of the counts this shift towards a multi-polar currency landscape is marked by the growing inclination of Nations to conduct bilateral trade agreements and local currencies thereby diminishing their Reliance on the dollar the Strategic expansion of the brcs block and its flirtation with alternative trading currencies underscore a broader trend of dollarization this is not merely an economic maneuver but a geopolitical

statement reflecting a desire for greater Financial autonomy and a rebalancing of global economic power in this context silver Air is not just its historical status as a store of value but also its potential role as a Lynch bin in a new Financial order that seeks to challenge the dollar Supremacy the implications of the shift are profound not just for the precious metals Market for the Global Financial ecosystem at large as central banks and investors pivot towards assets that offer stability and a volatile currency

landscape Silver's role is magnified the volatility in exchange rates coupled with the Quest for assets that can Safeguard against currency devaluation position silver as an increasingly attractive option this is not just speculation it's a strategic realignment of investment priorities reflecting a deeper understanding of the vulnerabilities inherent in a unipolar currency World more moreover the potential for silver to serve not just as an investment asset but as a medium of Exchange in international trade

cannot be dismissed lightly that historical precedence for using silver in trade combined with its intrinsic value and wide industrial usage make it uniquely positioned to play a significant role in the emerging Financial architecture as Nations and blocks like brcs explore alternatives to the dollar the conversation around silver transcends its immediate investment appeal touching upon its viability as a Cornerstone in a new era of global trade this exploration into the Strategic importance of silver in a

diversifying global economy is not an exercise in Nostalgia it's a forward-looking analysis that recognizes the evolving nature of global Finance the growing discourse around silver fueled by geopolitical Maneuvers and economic policy shifts points to a broader revaluation of what constitutes a reserve asset in the 2st century as we delve deeper into this narrative it becomes clear that the Resurgence of interest in silver is more than a market Trend it's a reflection of a world in transition searching for stability in an

era of unprecedented economic and geopolitical flux in this Dynamic landscape the aure of silver extends Beyond its immediate monetary value it embodies the broader quest for a more balanced and Equitable Global Financial system as we stand at the crossroads of History witnessing the potential recalibration of the world's economic order Silver's prominence in this narrative is a testament to its enduring value and versatility the journey ahead for silver is not just about Market speculation it's about understanding its

role in shaping the future Contours of global trade and finance look like look these bricks Nations wouldn't even have to do something that provocative although I think they may they could say one or two things they could they were taking other currencies besides dollars and just that admission alone but they said that they they've practically said that they they said we're open to it but they haven't said we're going to anyone we can we'll take these five or six currencies or maybe it's more along the

lines of they just say to all of the bricks members which represent the majority of human population is that we're going to trade in local currencies or we're going to trade in gold or whatever it may be if the desire or the need to hold US dollars is waning to that degree or in fact is completely disent uh disincentivized yeah it creates a massive massive problem for the US and I think look a country that has chosen inflation over austerity the way that we have a country that is when you factor

in unfunded liabilities 150 trillion in the whole with 5 trillion in assets a country that is in essence insolvent that goes around the word [Music] [Music] bullying [Music] as the geopolitical landscape continues to evolve the Ripple effects on precious metal markets particularly silver are becoming increasingly significant the Strategic Maneuvers by the brcs Nations to diminish the reliance on the US dollar and to explore alternatives for global trade and financial transactions are not just creating waves but

potentially setting the stage for a new era in the precious metals Market the growing interest in silver fueled by these geopolitical ships points towards a profound transformation the valuation and utilization of this metal the inclusion of powerful economies into the brcs fold such as Saudi Arabia a major oil producer adds another layer of complexity to the Global Financial equation this this expansion is not merely symbolic it represents a tangible shift towards creating a counterbalance to the dollar dominated world the

potential for these nations to promote trading oil and other Commodities in currencies other than the dollar or even in precious metals like silver could dramatically Elevate the demand for silver altering its status from a mere investment asset to a pivotal player in global trade Dynamics this evolving scenario underscores a broader trend of diversification away from traditional Financial systems and assets as Nations and central banks seek to hedge against the volatility and uncertainty associated with fat currencies

particularly the dollar the Ure of silver grows stronger the Metal's dual role as both an industrial commodity and a financial asset makes it uniquely positioned to benefit from both economic growth and financial hedging strategies the anticipated surge in demand for silver driven by its increased role in a multi-polar currency world could lead to significant ships in its market dynamics moreover the Strategic importance of silver extends Beyond its immediate financial implications the metals

industrial applications from Electronics to Renewable Energy Technologies mean that its demand is not solely contingent upon investment and monetary policies but is also deeply intertwined with broader economic and technological Trends this dual demand stream for silver both as an investment and as an industrial commodity compounds its potential for growth in a world that is increasingly looking for stable tangible assets amidst Financial uncertainty the scenario we're exploring where silver

becomes a Cornerstone of a new global economic order is not without its challenges the transition from a dollar Centric world to one where silver plays a significant role in global finance and trade will require not just ships and policy and practice but also a revaluation of the Global Financial mindset it calls for a departure from conventional wisdom embracing a future where precious metals regain their historical role as pillars of economic stability as as we navigate through these geopolitical and economic shifts

the conversation around silver and its place in the future of Finance becomes more than speculative it becomes a critical analysis of how we understand value trade and stability in a rapidly changing world the journey ahead for silver characterized by potential volatility and unprecedented opportunities mirrors the broader quest for a more Diversified stable and Equitable Global Financial system in conclusion the rise of silver in response to geopol iCal ships and efforts to diminish Reliance on the US

dollar represents a fascinating convergence of History economics and geopolitics the potential for silver to emerge not just as a key asset but as a lynchpin in a new Financial Paradigm is a narrative that encapsulates the complexities and uncertainties of our times as we delve deeper into this unfolding Story the significance of silver in shaping the future Contours of global finance and trade becomes increasingly clear offering a glimpse into a world where the value of currency is r rooted in tangible assets and where

the Dynamics of power and prosperity are redefined for the Modern Age it certainly is I mean look even the West acknowledges that I mean crystalina georgeva the head of the IMF in the report they wrote right around the time that you and I had our our interview in Vancouver gold A barbarous Relic comma uh or gold an international Reserve currency comma barbarous Relic no more something to that extent and then she came out a few months ago and said any Central Bank digital currency not pegged to something is Fiat well what would be

pegu uh and when you talk about uh about could this happen in October in Russia sure it could absolutely and I think the way that they they would do it because see deal president deal who drained a good portion of the gold from our treasury in in 1970 1971 um proved that convertible currencies convert so what blockchain does is allow the the immutability and the veracity of which each country pegs to be there without having it convertible in other words maybe you Peg 10% or 20% of each currency unit to Gold

held on the blockchain and audited by independent International Auditors you can do that if you are open and transparent and do it the right way you still have the ability to transact monetary policy because it's not a one: one but a small percentage but just enough to tether it because given the choice politicians will do what all politicians have done forever even going back to Roman times when they clip the coins that's why there are ridges on the rout on the side of gold coins because

they would clip it and make it just a little bit smaller you do that enough you have enough to make more coins well going back to the beginning of of money politicians will choose inflation over austerity so yeah I think this is how you give it credibility in a system that I believe has already lost a good amount of credibility in fact and is losing it rapidly across the globe so yes the marriage of blockchain and the marriage of of Commodities together um gives inspires confidence and that's why when

people say you know who's going to trust well you don't have to if you do it the right way and have it audited have it transparent and everyone pledges the same thing to the distributed ledger to the blackchain you got a real fighting chance and you asked me when we were in Vancouver what could the West do and I brought up christalina Geor jaa's report and at that point she hadn't made the comment but now she has and she said cbdc not Peg to something is Fiat well how does the West maybe stop this how

does the West maybe pull up from this nose dive do that get some legitimacy and credibility back into this system um one that that is lacking it and is lacking trust and in indeed I mean talk cryptocurrency again it's about it's about confidence if you have no confidence in whatever it may be then you're waiting for a rug pull you're waiting for something to to collapse and we I think no one will drink the Kool-Aid ever again the next time around unless it is pegged to something with transparency Zan posar

calls this Breton Woods 3 A system that will be dominated by Commodities and transparency this is the way to do it without having it convertible immediately by anyone who walks into a bank like they could do back here when this $20 gold certificate was the same thing as a $20 coin and it's funny because now it says in God we trust but back in back then before 33 it says payable to the bearer on demand and gold coin so it used to be one toone conversion I don't think you'll see that again but what gold will do when it

marries with blockchain is to show exactly what every country has in the union PL pled to this in this final exploration of Silver's ascended role amidst the geopolitical and economic appeal challenging the US dollar suprem pry we reached the Apex of our narrative the profound implications of the brcs nation's strategic expansion and their concerted efforts to diminish Reliance on the US dollar paint a vided picture of a whirl on the brink of a financial paradigm shift this movement is not

merely a speculative for a to economic wha ifs but a tangible shift towards a reality where silver could very well become the most traded and valuable currency on the planet the potential transformation of silver from a precious metal to a central figure in global trade and finan is underpinned by a Confluence of factors that extend beyond the realm of Market speculation the brcs blocks push for a multi-polar world order where economic power is more evenly distributed and less Tethered to the Fiat of any single nation especially

the US signifies a deeper discontent with existing Financial structures this discontent coupled with the Strategic inclusion of Nations like Saudi Arabia into their fold not only diversifies the Block's economic base but also enhances its capacity to challenge the Dollar's dominance directly this challenge to the dollar articulated through the brcs nation's exploration of alternative trading and Reserve currencies is not an overnight Endeavor it represents a series of strategic paper cuts as

described by analysts aimed at gradually eroding the Dollar's hemony these efforts include bilateral trade agreements in local currencies the establishment of alternative payment systems and potentially the promotion of silver and gold and trade settlements such Maneuvers Do not spell the immed mediate demise of the dollar but signal a clear intent to transition towards a financial ecosystem that values diversity and stability characteristics inherently embodied by silver the scenario where silver emerges as a

dominant force in this evolving landscape is bolstered by its intrinsic qualities Silver's historical role as a medium of exchange its finite availability and its broad industrial applications make it a uniquely veral asset as Nations and central banks augment their reserves with silver and as Industries continue to rely on it for technological applications the demand for silver is poised to escalate this escalation is not merely a function of its physical attributes but a reflection of a collective search for a reliable

store of value in increasingly uncertain World moreover the potential for silver to serve as a medium of exchange and international trade particularly in a context where confidence in traditional Fiat currencies is wavering cannot be overstated the adoption of silver in this capacity would represent a radical departure from contemporary Financial Norms harking back to an ARA where the value of money was as tangible as the metal it was mitted from this returned to tangibility in a digital age characterized by virtual currencies and

ephemeral assets offers a gring Counterpoint to the volatility and abstraction that pervade modern Finance in concluding this narrative it is essential to recognize that the journey towards a silver Centric Financial system is fraught with challenges and uncertainties the transition requires not just economic adjustments but a the fundamental shift in how value and stability are conceptualized within the Global Financial system yet the potential rewards of such a shift increase Financial stability reduce

Reliance on any single nation's currency and a more Equitable global economic order are compelling as we stand on the precipice of this potential Financial Revolution the message to Silver holders and financial observers alike is clear the future of silver is not just bright but foundational to the vision of a diversified stable and resilient global economy this is not Financial advice but a speculative exploration of a future where silver reclaims its place at the heart of global Commerce reshaping The

Contours of power value and stability and a world Hungry for Change and with that we conclude our journey to the potential future of silver in the global economy remember the Realms of finance and investment are always fraught with uncertainty and it's crucial to approach them with a blend of informed speculation rigorous analysis and prudent risk management don't forget to subscribe for more insights into the ever evolving landscape of global Finance ad Mission an outright statement from from OPEC we're not taking dollars

anymore I mean Brazil just applied to OPEC you have the majority uh of of all of the oil production in the world if they say we don't want dollars any longer it it creates a very very very big problem why would they do that why would they say we don't want dollars anymore well because I mean look at what happens if you end up on the wrong side of of the Western um ideology you you can have your assets Frozen and in in fact even in the case of of what's now being discussed is to confiscate those

assets and use them to to rebuild the Ukraine look at look at what we did to to Iraq we went in there under the under a false pretense 20 years ago and we uh were still occupying their country they made 90 billion in oil Revenue last year they asked the government this year for $1 billion and we said no really so a a but Andy is moving away from dollars the same as saying we're no longer using dollars I mean I can see from the bricks plus uh perspective the incentive to reduce the Reliance on the dollar and as

we discussed the weaponization of it certainly hasn't helped but why go to the extreme of saying we're not accepting dollars at all because I think Michelle there's a large P portion of the world a large portion a lot much larger portion of the world than is found here in nor America that is tired of 500 years of Western dominance and suppression and and coercion and I think that this is the rallying cry that's bringing everyone to the table that people want to to I think have the

standard of living and and uh and not be told how to do things this rule-based order where we're the ones setting the rules and everyone else has to follow by them and when you see the way all of these countries are pushing back against against the west and and our ideological viewpoints maybe don't mesh so well with a large portion of the world but a lot of these countries who may have felt this way haven't had the ability to do this in and of themselves on their own like a country like Venezuela who has

the largest known oil reserves in the world they just formally applied to Bricks so you find safety in numbers and I think that's kind of what it is it's it's this is our shot to have the life that we want and to do it under our terms and they are finding safety and numbers I believe so not to mention that I mean look at it this way why would you want to sell your oil for dollars a currency that is is being inflated away uh literally as we as we sit here and watch it literally lose value

precipitously why would why would they want to do that and then and then reinvest them into treasuries that have been a disaster and then if you don't do what they tell you to do or you end up doing something to defend in your mind your own interests your own political or or rather your own border interest or your