Be Prepared Todays Chaos Rioting is The Calm Before a Much Bigger Storm w/ Bill Holter

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Summary

➡ The article discusses the potential for economic turmoil, suggesting that riots and instability could increase if banks and brokers close down. It also mentions a skincare line and its benefits, before moving on to a discussion about the economy. The author believes there will be a man-made economic reset, followed by a natural one, which could lead to disaster. The article ends with a warning about potential scams involving gold IRAs and the importance of checking your investments.
➡ The article discusses how markets can be manipulated to create illusions of stability or prosperity, often through the use of derivative contracts. It highlights the potential for a financial crisis due to the overvaluation of assets like gold and silver, and the potential for a failure to deliver on these assets. The article suggests that the real value of gold could be significantly higher than current predictions, and that silver could be the trigger for a financial collapse due to its deficit and high short position. The author recommends investing more heavily in silver than gold, as it has the potential to outperform gold.
➡ The global production of silver is less than its demand, causing a deficit. Many mines have shut down due to high production costs and low silver prices. This situation has led to a decrease in supply while demand continues to rise. It’s suggested that investing in silver could be beneficial, especially in times of financial instability, as it can be used for barter.
➡ The text discusses the potential collapse of the global financial system due to its reliance on debt, likening it to a Ponzi scheme. The speaker suggests that the system’s collapse could lead to a significant increase in commodity prices and cost of living, possibly resulting in a situation similar to the hyperinflation experienced in Germany’s Weimar Republic. They also speculate that the aftermath could involve a forced acceptance of Central Bank Digital Currencies (CBDCs) as a form of universal basic income. The speaker warns of potential social unrest and emphasizes the importance of self-protection in such a scenario.
➡ The speaker discusses the recent increase in gold coming into the country, suggesting it’s due to anticipation of a failure to deliver. They advise people to buy silver and to prepare for potential economic instability by ensuring they have basic necessities and removing intermediaries between themselves and their money. The speaker also warns that life may not return to normal quickly after a potential economic collapse.

Transcript

Sam Sa Just look at the, the LA riots and I don’t think that those are organic at all. I think those are being paid or sponsored. But if, but if you, if you have rioting craziness, this is during supposedly good times. What’s it going to look like when you know, banks are closing, brokers are closing and the system has come down. It’s going to look like Mad Max. You’re going to dial 911 and nobody’s going to pick up the phone. Just a quick break from the program to share with you this amazing skincare line called Mimi and I am I and I want to share with you why I like it so much because it is clean.

They don’t use any harsh chemicals. It’s really effective. They use the best effective ingredients on the market. You know that’s been clinically proven to really work and they share my values. They’re us made. They believe in freedom and faith and that’s important. So, so I’m always looking for the best companies to share and I’m really interested in anti aging because I’m getting older. People are always asking me what do you do to keep your skin looking like this? This is a foundational element. You want clean, effective skin care as a basis for everything that you’ okay, if you are interested in trying this and I highly recommend you do, you can save 10% by using the code Sarah.

If you do a subscription you save another 15 and if you bundle you’ll save up to 20%. So that’s a pretty big savings. You can go to nemiskincare.com that’s N I M I skincare.com and remember to use a coupon code Sarah and you will save 10%. And this summer is a really good time to start a really solid anti aging foundation for your skin. Welcome to business Game changers. I’m Sarah Westall. This is my Friday night review that I usually do with Andy Schectman but he was unable to join so I asked Bill Holter to come.

He’s really great. My friend Dave Janda has him on all the time and Andy recommended that I talk to Bill and I’m really glad I did. I think this is a really eye opening, a different perspective on what’s going on in the economy. He believes there’s a man made reset and then a natural reset. The natural reset is going to be a disaster. The man made reset is going to be put into place to try to kick the can down the road a little bit longer and give them more time. But at some point they got to stop kicking the can down the road and come up with a viable solution.

And I think the politics and the power structures are keeping that from happening. And so we are in for. You think we’re in a riled ride now with the chaos in la. What is the chaos going to be? Once we really have turmoil and people can’t feed themselves and there’s super problems now we’re going to see some serious turmoil and that’s what you got to prepare for. I don’t know when that’s going to happen. He doesn’t know when that’s going to happen. And it’s, people start feeling like fear mongers. But when you see more gold coming back into this country in a month than we’ve had all in history, you know there’s something happening and it’s important to pay attention.

I also want to tell you that I’ve had over 75 people come in now saying, you know, with their IRA gold scams, probably more than 100 because those are just the ones that have filled out the forms. A lot of people just went directly to Miles Franklin. But we have been helping a lot of people get their life savings back. So if that is, you don’t feel ashamed, just reach out, go to sarah westall.com Miles Franklin fill out that form. I hand give it to Andy. And we have been saving people’s life savings. And there are, I think it’s a tip of the iceberg because the most well known personalities in both the mainstream media, conservative media and in the independent media are selling companies that are scamming people.

So if you’re an affiliate listening to this, you should look at what your company’s doing. And if you are a person who have converted their IRA a gold IRA or silver, a precious metals ira, I would pay attention to what you do. Go look, see what the evaluation is today. You don’t have that much time. I would really look at it, see what it is and see if you can get your life savings back. It’s, it’s important that you look, see if you have quarter ounce gold coins. If you invested in investment grade silver or gold, that’s a red flag.

You need to look if your investment happened before this year and you didn’t see a gain and you’re underwater and that’s a red flag. So just take the time, go look at what your evaluation is in your ira. Contact us if you’re underwater. That’s a good indication that you have been scammed. Okay? Go to sarah wessel.com Miles Franklin fill out that form. If you are interested in getting gold and silver, you can also fill out that form. There’s a, there’s a private price list. So don’t hesitate to do this. It is a really good hedge against the dollar in this really turbulent time.

Okay, let’s get into my conversation with my first time having him on the show. He’s really, really smart. Bill Holder. Hi Bill. Welcome to the program. Thanks for having me. Sarah. You know, you have been on my friend Dave Janda show many times and you’ve been on a lot of other people’s shows. And I said, you know what, I need to get Bill Holter on because I know he has a good mind. And Andy couldn’t make it. And I always do a Friday review and I figured you would be one of the best to do, to sit down and talk about what’s going on just from a world financial standpoint because it’s really, we’re not in isolation here in the United States.

This is happening globally, right? Yeah. It’s a worldwide event. Yeah. And how do you see it? You know, we talked before we started that mathematically things are collapsing. You know, 15 years ago MIT did a report that said that just mathematically the algorithm was going to collapse on itself by 20. I think they said 2032, but they, that they also mentioned that, I mean, that was if it stayed at the same rate. But I think it’s been accelerating since then. So now we don’t, you know, what does that mean? Acceleration means that we’re talking many years before 2032.

Right. The piling out of debt has definitely increased, you could even call it exponentially over the last 15 years. So whatever study they did 15 years ago, that’s outdated. And the debt is running faster. The other thing is we’ve got to get, the markets have got to get to 2032 and there will be, there will be front running at some point in time. And because everything is so leveraged, that’s when you get the debt implosion. So I don’t think markets will, even if that Number was correct, 2032, I don’t think markets will allow things to get to that point in time.

The markets will front run the disaster and thus create the disaster. Yeah, I think it, it’ll collapse on itself because the markets will sense it, the people will sense it and then it’ll speed up once it happens. Some people think that Judy Shelton told Andy when he interviewed him that July 4th of this year there was going to be a triggered reset. She actually said that, which is incredible coming from somebody who Trump nominated to be the Fed chair. Are you familiar with actually, yes, I am. Actually, to me it’s not that surprising. We’ve always thought that there would be at least two resets.

The first one man made. And that’s what I believe what Judy Sheldon is talking about. They want to do a man made reset which keeps those who are in power now in power. But that’s going to fail. Any man made reset is going to fail. And then you’ll have a mother nature reset where asset prices, just like water, floats to its own level. The mother nature reset, asset pricing values, etc are going to find their real levels because derivatives have been used now. They figured out after the 87 crash that they could bully markets around. I mean, $6 million came in in 1987 and saved the system buying value line futures.

That’s, I mean, markets were not able to open that Tuesday morning, but they did get them open because there was one index that was open, that was the value line and they piled a paltry $6 million into it on the long side. And that’s what saved the system. So from that, wow, Genesis, they figured out that they can, they can bull bully all markets either upward or downward with derivative contracts. And they don’t have to use a lot of money to do that. And what the reason they do it is they paint the picture in the markets that goes along with the narrative.

So what they can do is they paint the markets and then they point at the markets and say, see, you know, it’s working, or, or whatever, they’re able to paint the picture and paint the narrative because the markets are, are. What happens in the markets typically is a stampede of emotion. Right, right. But since they’ve figured out that they can, they can move markets in whatever direction they want them to go. With derivative contracts, they’re able to calm down, panic, or create euphoria. They can paint the picture that matches their narrative. How long do you think they can do that though? I mean, that’s what we’re talking about here, where the mathematics doesn’t work anymore.

And so you can no longer just create illusions, the reality takes over. Yeah, I mean, that’s the big question everybody asks, well, when’s it going to happen? And I would say that it’s happening right before your eyes. And I’ve said all along the two most important markets where they’ve definitely tried to price the asset are gold and silver. I mean, there’s been a gold suppression scheme going back to at least the mid-1980s, probably into the 1970s. And I think that the most important market is the silver market simply because silver is going to act like a, call it a detonator to the gold market.

What I’m talking about is failure to deliver. I mean if you’ve got 100, 200, 300 paper ounces that are, are covered by only one real ounce, what’s going to happen when there is the stampedes with, with investors saying hey, I want my medal, isn’t that, then you have a feeling, isn’t that the big scam? I mean because I’ve been sharing with Andy the IRA scam and we’re trying to help people out of that. But that’s even a bigger scam, isn’t it? Well, it’s, it’s the biggest scam because yeah, think about this. What if, what if we, Sarah, if we had ten thousand dollar gold today or fifty thousand dollars gold today, how much would the US treasury be able to borrow under that scenario? Because gold is the mirror image or the anti dollar if you will.

It’s the opposite of the dollar. Dollar is fiat. Gold is real money and gold is the number one competitor to any fiat currency. So you had governments all over the world and in particular the US treasury or the US Fed wanting to keep the price of gold down. And for years they pointed at the price of gold and said see, there’s no problem, gold’s not even going up. But gold is a thermometer. And as, as it rises and now it’s, it’s starting to get out of control. We’ve had what, a 50% rise in gold in the last year.

And another way to say that is you’ve had a, a, a huge drop in purchasing power of the dollar and all other fiat currencies versus real money. Yeah. So do you think that’s going to happen? And how much do you think that. Well let’s start with this. How much do you think the gold will be revalued at? I mean that’s where we’re heading, right? Is gold being reevaluated at a significant higher level so that we can, we can function? Yeah, I have no idea. I would just say what, whatever number gold settles out at is going to be way higher than anybody’s predicting.

If you just do the math. Take the 37 trillion debt outstanding and that’s just on books debt. It’s not Fannie Mae, Jennie Mae, Medicare, Medicaid. That’s not all the promises, when you add those in, you’re over $200 trillion. But if you take just the $37 trillion and you divide that by the amount of gold ounces we supposedly have, and I say supposedly because we’ve not had an audit since 1956, but if you take the government numbers as Gospel, we have 8,300 tons and you put that up against 37 trillion. In order to cover that debt, gold would have to be north of $135,000 an ounce.

And again that’s just beyond books debt. That’s not all the other, it’s not all the other promises that the treasury has outstanding. And you could, could you see them feasibly doing this, doing that, reevaluating it at 150,000. Well, no, that will not be the man made reset. That will be, that will be mother nature doing that. And if one, I mean once you get, once they lose control of gold, then you’re going to have a derivatives complex problem. When I say complex, I’m talking about the entirety of derivatives. And derivatives now are over 2, over 2, $ quadruillion dollars.

So you think derivatives are the ones that are going to take us down ultimately? Correct. I’ve always thought that. Yeah. That’s what Ellen, if you know Ellen Brown, she’s been talking about, she’s awesome. Public banking. Yeah, she’s been talking about derivatives are the Achilles heel. Right. And I think, and as I mentioned, I think the detonator to the entire derivatives complex is going to be silver. I think there’s going to be a failure to deliver. And do you think silver is the most undervalued, appreciated commodity on the. And where do you think silver really should. Some people think silver should be worth more than gold.

No, I, I don’t believe that. I don’t think that you’ll see silver even at 10 to 1. The ratio right now has come down to about 91. 90, 91 to 1. What do you think it will be? It comes out of the ground at under 10 to 1. So that’s God’s ratio and just a little bit of history for ever and ever. I mean, thousand, two thousand, three thousand years, it was early on it was ten to one was what it came out of the ground at. But then they figured out that because you had to carry 10 times either by horseback or carriage or whatever, you had to carry 10 times more silver weight then you did gold.

So they discounted silver to 15, 16 to 1. And that’s, you know, in the Constitution, what is it, 1575 to 1. Why did they do that? I don’t understand. So if it was 10 to 1 and you had to carry 10 times, why would they discount it to 15 to 16? What would be the purpose? Because, just because of the labor involved in moving the same amount. I get it. To cover for the labor amount. Okay, right, exactly. Exactly. I, I don’t see it coming. I don’t see silver coming down below God’s ratio of whatever it is.

8, 9 to 1. It’s, it is under 10 to 1. Even if it has the technology usage that people are claiming that it has more value to the new future, our new tech future. That’s what people are saying. The reason why is because it’s a more valuable commod. Well, I mean, it’s used in all kinds of things. It’s used for medicinal purposes. It’s the best conductor there is. Like you said, you know, high tech. You’ve got solar, you’ve got, you know, the, you have military uses. I mean, think about, what is it? The cruise missiles? There’s like a monster box.

There’s like 500 ounces of silver in every warhead. So I mean, it’s like we’re launching monster boxes. So yeah, there are definitely more uses for it. But the bottom line is gold is pure money and silver’s a hybrid. Silver, Silver is a, is the money of the people and gold is, has always been the money of kings. So. But why do you think silver is going to trigger this whole collapse? Because silver is becoming. Why? Tell us why silver will, you think is the Achilles? Because it’s in a deficit. It’s in a deficit and the short position is enormous.

The short position as a percentage basis on silver is way higher than it is on gold. Well, it’s 90 to 1 right now. Right. The ratio, which is way out of whack. Right, right. And I mean, just use the number of 100 to 1. If the ratio comes down to 50 to 1, that means silver outperformed gold 2 to 1. So that’s why, I mean, I’ve, I’ve been recommending that people rely more heavily on silver than gold. And at a later date, look to swap some of your silver out even after taxes, you’re going to end up with more gold ounces than if you just bought the gold outright today.

Well, silver’s been going up lately, right? It’s, it’s at what, 36 yesterday. And Sean from SGT report posted out that the sheep, he calls them, the sheep aren’t paying attention that everything has started because silver is starting to really move up. Do you agree with him? Yeah, I think so. I mean, the ratios come down from 100 to 1 to 90 to 1 in literally, I call it 10 days, you know, two weeks. So, yeah, I think it has started. And all the markets need to do is smell some blood in the water. And what you’ll see is hedge funds, investors that in the past would never ever take delivery.

They’re going to demand delivery, and that’s going to exacerbate the problem. The problem is silver is such a small market. I mean, even at current prices, you’re not even. I don’t know. Pick the numbers. Between 25 and $30 billion a year. That’s the total global production. And global Production is about 850 to 900 million ounces, yet demand is 1.2, 1.3 billion ounces per year. So it’s in a structural deficit at this point. You’ve got pure minds that were shutting down left and right because their cost of production was too high. And that left basic, you know, that the bulk of the production comes from copper companies, nickel companies.

It’s a byproduct, in other words. So basically their. Their production was too high because they were suppressing the coin to the ounce. Silver too low. Right. The price was too low. And that created a problem for producers because the cost to produce was too high. What’s the natural production rate? Would you. Or the natural cost if you base it on. You can’t price something below cost. So what would you can. That’s what it sounds like they were doing. What would you say? Just naturally. I mean, I remember I had Ed Moy on years ago saying you.

He was talking about gold like it’s at the point where. And this was when it was like 1816, 1700. You can’t go lower than that because that’s the cost of production. What do you think is the cost of production of silver that it may. Should not go below this of. We were there. We were there, you know, when we were at the. During COVID During the 18 to $20 or ounce range. That was below the cost of production. But understand, these are huge aircraft carriers, if you want to call them. It takes forever to bring a mine into production.

And once you close a mine, you don’t just snap your fingers and boom, production starts rolling again. It takes a long lead time to either start production or resume production. So the fact that they had for several years the cost too low, it put. It did put some minds out of business. It put a lot of juniors to do exploration out of business. There’s not been any big gold fines, there’s not been any big silver fines in the last what, 10, 15 years and I’m talking about world class deposits. So the problem is the exploration. The whole industry has lagged because they were dealing with pricing levels did made that made mining not economic and if you make it non economic then, then the supply starts to dwindle and supply is definitely peaked yet demand is continuing higher.

Yeah and there’s your supply equation. That makes sense. So if you were talking to a regular person would you tell them to buy silver right now is you think the, the, the, the best bet is silver. If you have $20,000 to invest, maybe you have a thousand dollars to invest. Would you say silver? Yeah. If you have no metal whatsoever you’re going to want silver. Because when this thing goes down you’re going to need some type of money to barter with. And when this thing goes down and then we go through the great taking and banks are closing, dollars are going to, going to lose value very quickly and once markets close I don’t think dollars are going to work after two or three weeks.

So if you have physical dollars you want to spend them and you know there will be a new system, it will reboot. But what do you do in the meantime? You’re going to have to have some type of money to barter with. And if you’re in the United States the ultimate money to barter with is junk silver. It’s dimes, it’s pre1965 dimes and quarters and dimes are the best because they’re the smallest denomination, takes 14 dimes to equal 1 ounce. I mean how would you for instance if you went to a, a farmer and you want, you needed a dozen eggs, your neighbor or whatever, how are you going to pay with a silver eagle or a one ounce bar or whatever as opposed to 14 dimes equals a full ounce.

You give them one dime, you get your heads now you’re not giving your farmer credit. It’s a completed deal. So what do you think is going to happen to the money that’s in someone’s bank account? I believe the banks are going to go down and I’m sure you’ve read and you know all about the great taking. I don’t know if you’re your listeners or watchers. David? Yeah, he’s been on my show, we’ve done a, I’ve had multiple people on regarding that. He was at The Red Pill Expo, the same time I was. And so we had spent some time together.

The great taking, I think is scary for people and hopefully that enough people are understanding what’s going on there. But do you think with the banks, you know that we already had a bank, I don’t remember what bank. It was in the, on the west, on the east coast, in one of the southern states that. The East. Yeah, the East Coast. Lincoln or something that took a haircut. It had something like eight. It was a smaller one. $8 million worth of deposits, but they took a 50% haircut. Yeah, I had not heard about that one. On the bottom line with the great taking is David Rogers Webb is, is spot on.

I mean, he footnoted everything. He footnoted all the laws. Those laws are on the books and the ink is dry. These, you know, the, the evil that runs the planet. They’re not going to put laws on the books that are, that they’re not going to use. I mean, these laws are on the books for a reason. And what these laws say is that if your bank goes down, you’re no longer a depositor, you are the most subordinate lender to the bank. So they’re going to use your funds to save the bank. Same thing with a broker.

Well, and that’s what happened. And that’s what happened in this bank. That it was the first time in the United States. And we, you know, I had Andy on, We were talking about the week that it happened. Where you, you saw it in Greece. Right. Where they took people’s funds and their bank deposits to, to fund the banks and to fund the, the system. That was the first time in the United States and maybe the only one at this point. Maybe it was a test run just to see how it worked, but it was an $8 million.

It was only $8 million. But they gave them 50% of what they had in their accounts. Yeah, I had, I missed that. I had not seen that. And I’ll send you a link to that. Yeah, I’m shocked that the Federal Federal Reserve allowed that to happen or FDIC allowed that to happen because that’s how bankruptcy. I mean, that, that’s, you know, if you want to spook the cattle, that’s the way to do it. I think that’s why they picked a small bank. Right. It was only $8 million. It wasn’t like they did it to Silicon Valley Bank.

They bailed them out. This bank they let fail. Right. But I mean, if you’re taking a 50 haircut, it doesn’t matter whether it’s 8 million or 800 billion. You know, if you lost half your money in the account, that’s, you know, that’s a sting. Oh for sure it was and that’s why we covered it. But it was like it was weird. We were covering it, we’re talking about it, but the media didn’t cover it. Nobody picked up on it and it just kind of went away like so many weird news items. I mean it really did happen but it didn’t create any kind of ripple effect.

Well, what they’ve always done in the past is that they would merge the sick bank with a solvent or supposedly solvent bank and, and make everyone whole. But just understand or, or your listeners need to understand that the great taking is not a speculation, is not somebody’s opinion. It’s absolutely real. And everything that he put on there was footnoted. A quick break from the program to share with you. 7075 Coffee. They are giving away starter kits at reduced prices. You can get three bags of coffee and a bunch of goodies for $99. While coffee prices have increased by 30% or more nationwide, these guys are reducing their prices so that you can try it.

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Or you can choose a reusable K cup filter. No matter what kind of coffee you drink, you can choose between whole bean, ground or pods. Support a company that supports your values. They support freedom, they support anti censorship and they support the first amendment. I support them because they support me. Go to 1775 Coffee.com Sarah and reserve your kit. Give it a try. Drink longevity blend and reduce your aging. Every time you drink coffee, what do you, what do you suggest people do? I’ve had him on. I’ve had the director of the movie he did. I had Julie Ocon who is a South Dakota state representative who’s been Working with different representatives across the country to try to bring, you know, get the state representatives to do something in their own legislators.

What should people do? I mean, it seems like it’s. There’s no interest. They don’t believe it’s going to happen. They don’t understand it. And nothing is going on in that front other than some fringe people like us talking about it. Well, I mean, it, this is from whatever vantage point you look at this from, it’s going to happen. I mean, the entire system is a Ponzi scheme. One of the things I talked about with Doge, my biggest fear was that now you’re not, now all that money is no longer hitting the streets. And because the system is a Ponzi scheme, what happens to a Ponzi when new money dries up? It collapses.

And I mean, that’s where we are. Whether, whether you’re looking at it from the government debt standpoint, whether you’re looking at it from the real estate standpoint or, you know, the entire economy, the, the entire system has been built on debt. Debt is the foundation. It used to be that gold was the foundation and it was a solid foundation. Now you’ve got literally the entire world’s financial system is sitting upon sovereign debt, primarily U.S. treasury debt. And the U.S. is clearly an insolvent entity. I mean, we have to borrow, what, 2, 2.5 trillion per year just to keep things status quo.

What would have happened over the last 20 years had we not built up an additional 30, 35 trillion in debt? I mean, that money gets spent, it goes into the economy, it gets registered as GDP. If that 35 trillion, and I say 35 trillion, it’s probably 33, 34, because sure, I think 2,000, we had 3 trillion in debt, if I’m not mistaken. It keeps growing. Yeah, but my point being, if that 35 trillion had not been spent, we would have had negative growth, we would have had contraction year after year after year. And we, we didn’t because they were able to borrow and thus spend the money well.

And inflate the money well. Correct. Well, now you’re going back to Richard Russell’s inflate or die. That’s the bottom line. They either have to inflate the system. If they don’t inflate the system, then you have a debt liquidation. You have debt upon itself. And I mean, that’s, that’s where we are now is that we’re at that point where they’ve got a, they’re going to have to inflate again. But the question is, this time around, what’s that going to do? What’s that going to do to fiat currency values? And you’re going to see that in commodities, you’re going to see that.

You’re going to see that in the cost of living and the bottom line. And I’ve talked About this probably 20 years now, that the end game, you would see deflation of the things you have already and inflation of the things you need to live on. Well, what do you think? You know, Janda always says that, and I would agree with him, but he says that Friday night this is going to happen and you’re going to wake up Monday morning and the whole system’s been reset. Fourth of July, I believe, is a Friday this time. So do you think that that’s.

Yeah. You’re not going to wake up Monday morning and find the system reset. You’re going to wake up Monday morning and find out that they’re not able to mark open markets and that’ll happen all around the world. Or the collapse, I shouldn’t say recess. The collapse occurs over a weekend. Right, Right. What will happen is you’ll go to bed Friday night and they won’t be able to get markets open Monday morning. And then when they finally do get markets, once you get markets open, then you will see, you’ll be looking at price and you’re like, that can’t be right.

But it’s gonna be right. I mean, the prices are not even a resemble where they are where they were on Friday. Yeah, it’s gonna, I mean, there’s gonna be a fundamental change from Friday to Monday where Suddenly silver was 36, and now it’s 120 or something. Yeah, 120 on its way up. Yeah. And you know, a cup of coffee was, was $2, now it’s $10. I mean, this is gonna affect everything. It’s not just the commodity prices. I mean, it’s, it’s going to flow through the entire system. Are we going to see a Weimer Republic? Are we going to say what happened in Germany, that kind of inflation, or are we going to see a managed system? I mean, they’re in front of it this time.

Or are, I mean, do we have competent enough people in front of it? They’re not in front of it in any way. I mean, they’ve, what they’ve been trying to do is kick the can down the road now for 20, 30 years and they’re definitely not in front of it. And yeah, they, I, I do believe they will try A man made reset. But that man made reset is not going to go nearly far enough. Like I said, it’ll keep those who are in power in power down the road a little bit longer. Will it be able to kick the can down the road another year or do you think it will, it will spook people.

I mean, it could do either or, right? I think, I don’t think the man made reset will last any more than six months. And it may only last a couple weeks or a couple months. And the reason I say this. Yeah, the reason I say this is because derivatives are going to blow up. And the problem with derivatives is, you know, you, you’ve got a winner and a loser, but if the loser loses so badly that they go bankrupt, they become insolvent, the winner loses because they don’t get paid. Yeah, that’s right. And this is supported, this whole thing is supported by the Federal Reserve, which is an insolvent entity.

They have negative equity. Do you think the Federal Reserve will be shut down in this new economy? Do you think that the older powers are going to go away and there’ll be a new set of powers or do you think it’s the old powers will just figure out how to, to restructure themselves into power again? That’s a tough question. I think. What’s going to happen, you have to understand there’s, there’s more to it than just the entities you’ve got. You have these forces that want to monitor everything that you’re doing. Yep. And that’s how, that’s how they’re going to force the CBDCs on the public.

Yep. They’re gonna, I believe they’re gonna crash the markets and you’ll see bail ins and you’ll see people completely wiped out and you’ll have the population begging for help. And that help is going to be probably universal basic income with central bank digital currencies. That’s the way people, people will be forced to accept. And this was the theory that we were all talking about like six months ago. People are going to be forced to accept the CBDC or you don’t eat. Correct. I think that’s true. It’ll be a sad day. Okay, so where. Sarah, let me go ahead.

I just want to mention one thing. Just look at the L. A Riots. And I don’t think that those are organic at all. I think those are being paid or sponsored. But if, but if you, if you have rioting craziness, this is during supposedly good times, what’s it going to look like? When you know banks are closing, pokers are closing, and the system has come down, it’s going to look like Mad Max. You’re going to dial 911 and nobody’s going to pick up the phone. Well, I hope you have some ammunition and some firearms to keep yourself safe.

Yeah, God, guns. Golden Grub. I know we sound like we’re, we’re fear mongers, but we are getting closer to this, aren’t we? Well, I’ve, I’ve looked at it from the debt standpoint all along and you know, I was, was accused. I’ve been doing this for 10, 15 years, doing podcasts and writing before that and you know, was called a, a fear monger, you know, a spreader of fear porn or whatever. A conspiracy theorist. Well, hell, how many of the conspiracy theories have not been proven to be correct already? Well then now they say it’s. Yeah, they say it’s a six month lag time between being a conspiracy theorist theorist and being a truth teller.

Right, right. That’s, that’s. Well, and, and the, the people, you know, the trolls, if you want to call them that, the trolls, their side of the story has become so incredible. I mean it, they don’t, they don’t even use logic. Well, what would you say is the common troll comment that is just so full of crap? Well, I mean, the most common troll comment is, you know, so, and so has said this for, for 10 years and it hasn’t happened. But the point is it’s happening right before your eyes. Well, we’ve seen, we’ve seen more gold come back to this country in this month than we’ve seen all of history, which is that it’s been tracked.

That’s incredible. Well, yeah, that was the month of April. Well, and they said, they said it was because of the tariffs and I never believed it was because of the tariffs. Wasn’t maybe a lot of gold? No, I think April was, was the most and then May was still high, but not as. Okay, keep going. Right, but you saw it in both gold and silver. And it’s my belief, and if you look at the, the COMEX numbers and if you look at the LBMA numbers, the amount of deliveries have been greater than, than any time. So the powers that be are trying to head off a failure to deliver by getting gold here before the deliveries.

They see it coming. Is, is. I, I think that’s what’s happened. I see that’s what’s happening. But then there’s no way the mathematics, because it’s the, the Paper market is like fractional reserve currency where it’s a 10 to 1 and so you can only. How much is it? How much is it? It’s way, way more than. It’s over 101. 101 when you’re talking about 101 is bad. So as soon as you start having a little bit of a stampede, you’re done. Right. All they’re going to do is be able to hold off for a little bit.

Correct. And they’re trying to get gets back to what you said at the very beginning. They’re trying to hold off long enough to change the emotion on it, to not create the stampede. Right. That, that’s, that’s been the game plan. That and the reason being if they, if they had allowed gold to float freely, there’s no way that the treasury could have borrowed $37 trillion because 10,000, 50,000 million dollars an ounce gold would say, hey, there’s real risk in that paper and you would not have had the funding that they had. Well, what do you suggest people, you suggest they buy silver? Because that’s probably the most rational thing right now.

And where can people follow you and learn more about you? Because I know you work with Miles Franklin as well as I do. Right. And, but, but you are also a broker and you help people do this, but you’re a financial expert, you write blogs, you go on podcasts and you share information. Where can people find you? Where’s the best place they can find you? You can go to my website, billholter.com there is a way to contact me on that if you, if you want to new precious metals business or if you’ve got, you know, questions on finance, the economy.

You’re asking me what do people do? You need to have a mindset that you’re going to be on your own. Nobody else is going to protect you. The only one who’s going to protect you and your family is you. So you need to have a mindset that you’re going to be on your own. I don’t know if it’s going to be two weeks, two months, God forbid, six months or two years, but you’re going to be on your own, which means you need to have a way to make sure you have clean water, you need to have a way for power, you need to have food, you need to have a way to protect yourself and you need to get your wealth out of the system.

I worked with Jim Sinclair for, for many years and Jim coined the phrase gots get out of the system. And the whole idea is, don’t have intermediaries between you and your money. If you’ve got, you know, big bank balances, buy gold, buy silver, hold it yourself, they cannot bankrupt. And when your bank goes down, they can’t take your money. If you’ve got stocks with a broker, you want to get those certificates because the way it stands right now, the broker, the shares that you buy with your broker, they’re not in your name, they’re in the broker’s name for your benefit.

But if the broker goes down, those are the broker’s assets, they’re not yours. So you want to get the intermediaries out of the middle between you and your money. You want to get your money out of the system. So we need some basic necessities so you can survive. My understanding is that it, it won’t last. From people I’ve talked to, it’ll be, you need to have like a week or two. It probably won’t last much more than a couple weeks. But what is your assessment? Because maybe that’s not the same as what you believe. Yeah, that’s a dangerous bet.

I mean, I would. It’s going to go down. And I mean, if we only go down for a week or two weeks and things come back up and start writing themselves, which I can’t really see because you’ve got a derivatives con complex that’s going to collapse. I mean, you literally have trillions, you have hundreds of trillions of dollars that are going to default. So I don’t see any way that it’s going to be, you know, a week or two weeks and then life’s going to be normal again. Life. Once this happens, your life is never going to be the way it was.

I guess the way to put it is, you know, leave it to Beavers not on TV anymore. Leave it to Beavers not on tv. It’s not going to be the, the Jetsons or, or no, not the Jetson. Maybe it will eventually be the Jetsons and what it was the name of the Leave it to Beaver family. I can’t remember. I was thinking Cleavers. Cleavers. Yeah. It’s not going to be the Cleavers anymore. Right. Okay. So what’s your website? It’s, it’s just billholter.com okay. Thank you so much for joining today. I really appreciate we’re going to have to have you back in the future.

Thank you, Sarah. I enjoyed it. Sam.
[tr:tra].

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