00:07:19.960On August 11th, 2025, we detected a cybersecurity threat.
00:07:24.940We took immediate steps to secure the environment
00:07:27.460worked with law enforcement, and this is the part that breaks me up, and hired cybersecurity
00:07:33.700experts to help us investigate. Like, after the fact, a company that has this kind of sensitive
00:07:43.720financial information from citizens nationwide, after the fact, is going to hire cybersecurity
00:07:50.420experts? Why weren't they already in place? After an extensive investigation, which included a
00:07:55.900complex review of the impacted data to identify affected individuals, our investigation now
00:08:01.360indicates that your personal information was accessed during this incident. Unfortunately,
00:08:07.360this includes your address, date of birth, social insurance number, and financial account number.
00:08:14.120And there's news reports that it says it went way beyond that to actually, you know, the personal,
00:08:20.520your personal financial information of your actual investments. This is what was breached
00:08:26.880and this is how they went about it. And the woman on the phone, when I was challenging her
00:08:31.360regarding this, she says, oh, you know, these, you know, you can't always, I said, why is it
00:08:36.040after the fact that you are hiring cybersecurity experts? She says, well, you know, if you had,
00:08:41.240for example, personal home security and you got broken into, well, you know, that's just,
00:08:47.020it's part of life it's going to happen I said well how about we pretend that my house is you
00:08:52.980know it's the house of the president or the prime minister how would you secure their home would we
00:09:00.000have the same level of security like you have the most confidential private information and so now
00:09:06.580this person has signed up for free or only two years that Equifax I did provide the whole letter
00:09:13.820down at the bottom here, and it's Equifax, and I forget the other name of the institution that
00:09:18.580they'll be monitoring the dark web to make sure 750,000 accounts, these people's information
00:09:26.440doesn't pop up at some point, and that there would be fraud, identity fraud or whatever else
00:09:34.180or whatever scams. And they so just, you know, tell the person to change their account. Well,
00:09:38.940it's not so easy to do all of this. Anyways, the reason I'm bringing this to your attention
00:09:43.560of course, is that the banks and the government want us onto these CBDCs and this banking data
00:09:51.320system and to remove our cash. And it's like, how can you possibly want us to trust you
00:09:56.220to take on providing you our information and being forced into a digital currency system
00:10:02.260if you can't protect our information? Next time, if it's digital currency systems,
00:10:07.440they would have wiped out our account and taken whatever finances we had in there. It's all about
00:10:12.500control. And we need to, I need to encourage you, if you don't use cash, it's like either use it or
00:10:18.820lose it. We've repeated this often enough. I had a couple of links here. There was no headline news
00:10:26.200other than a brief news report from CTV. Globe and Mail apparently reported on it, but you have
00:10:32.300to have an account. I didn't access that. The UK and other institutions provided information on
00:10:38.300this, but hardly a peep out of the Canadian mainstream media. Now, the final point, and it is
00:10:45.600in the information page that I've included here, is that multiple proposed class action lawsuits
00:10:52.040have been filed against CSIRO in Quebec and British Columbia. And so you can click on those
00:10:59.200links. I've already registered the person that was involved there in the beginning process
00:11:04.560of filing these. And then of course, there was one in data breach. This is the one that was from
00:11:10.800Quebec. So you can read more about that on Action for Canada's page. I guess I should show you if
00:11:16.680you're looking at this and a little bit shocked or you received that letter and you want to know
00:11:20.100more. I mean, somebody listening to this is going to end up having done it. Nearly a million people's
00:11:26.240accounts were breached with very highly sensitive information. So I'm sure that some of you are
00:11:31.500involved. If you go to call to action, drop down to weekly emails, you will see a headline that
00:11:38.340Steve Merrill is coming on the show today. It will be in the body of that email. And then finally,
00:11:43.940as I mentioned, this is what the email looks like. We try every time we have a guest on to give you
00:11:50.260within 10 minutes in education on whatever the guest is going to be speaking on. We provide,
00:11:57.260this isn't one where necessarily we would say, oh, we need to have solutions or a call to action
00:12:03.700campaign. But this one definitely has action that if you have been affected by this, you can go into
00:12:09.960and take some action for yourselves. And then one of the steps that you may wish to take after
00:12:16.920listening to this program is to reach out to Steve and invest in precious metals. We also,
00:12:23.000under current issues i'm just going to click on this for a moment as the drop down comes down
00:12:28.240uh just where is it you'll see at the top here finances if you click on that page
00:12:34.760we provide personal finances economics i've had guests on previously to cover these issues steve
00:12:42.840has been one of our top guests as far as rob anders and uh brett oland really really super
00:12:48.900presentations from then as well with a little bit more information on here as well as Tanner
00:12:53.360Nadei that was also an awesome presentation and from there you can also click on Steve's
00:12:59.860information to order precious metals from him we work together with Steve and so we appreciate
00:13:05.080if you would order from Steve because he also gives the preferential treatment to Action for
00:13:13.320Canada members and has also been very generous in donating a portion to Action for Canada.
00:13:21.700All right. So with that, Heather, I would like I'll just stop sharing screen and back over to you.
00:13:28.380Thank you, Tanya. We're so pleased that Steve Merrill is joining us once again.
00:13:33.600Steve is the owner of Sun City Silver and Gold Exchange in Kelowna, B.C.
00:13:38.180And as always, he consistently provides expert insights into economic trends in an effort to
00:13:45.100help you understand and navigate opportunities and manage financial risks. While this isn't
00:13:51.400financial advice or an investment seminar, our goal is to give you the information you
00:13:56.620and your family need to make the best decisions for your future. And now will you all please
00:14:02.460help me welcome Steve Merrill. Steve, thank you for joining us and welcome to the Empower Hour.
00:14:08.180thanks very much Heather it's great to be back it's really fun to be back and seeing everybody
00:14:13.640again yeah I didn't know we were so close yeah yeah that's awesome okay well thank you Heather
00:14:19.820and Steve yes welcome back my friend and I want to extend such a thank you to you when I went to
00:14:25.340Kelowna for this court hearing you came to court both on the Tuesday and Thursday and I so much
00:14:31.760appreciated your support it is definitely a very important case and then also the conversation
00:14:37.960tonight is going to be critical I look forward to your brief presentation and then we'll get
00:14:43.940into some Q&A I want to extend an invitation to our viewers that if you have questions for Steve
00:14:51.040you'll need to sign on with Zoom if you're not already on here with us and then just go into
00:14:55.940the Q&A and put your questions in and we'll try to get to those after the presentation
00:15:00.980And Steve, we know that based on the headlines, there has been a lot going on with precious metals, specifically silver in the last seven or eight months.
00:15:11.800I mean, we went to the highs and then these lows.
00:15:15.100A lot of Canadians are wondering what is going on with precious metals and how significantly undervalued it is compared to gold that it remains undervalued.
00:16:16.200So it's also a pretty rock, and it has stored wealth like gold throughout the ages.
00:16:22.780and it's also 9,999 other things and that silver has you know been reported to be
00:16:31.120a critical element over 10,000 industrial or commercial applications so as a commodity
00:16:38.280it's the second most widely used commodity on earth after oil so and it's also money and it's
00:16:45.220heavily, heavily suppressed by a group of bankers. We call them the gold cartel in our space.
00:16:56.000And for all the reasons it's money and for all the reasons the bankers do it is to keep you
00:17:00.760away from it, to keep the news dull, to keep it boring, even though it hasn't been so boring
00:17:08.320lately. But, you know, I think the last time we were together, Tanya, we talked about a short
00:17:15.720squeeze and we talked about the movie Dumb Money, which portrays the live, you know, a real life
00:17:23.720event that portrays the short squeeze in the GameStop stock in early 2022. And I had a couple
00:17:31.860of big bankers, hedge funds, one, one of the biggest in the world called Citadel run by Ken
00:17:37.320Griffin and another run by Steve Cohen. These are Manhattan legends, if you will. And they got on
00:17:43.240the wrong side of this trade. They were shorting the stock. They were up against an army, if you
00:17:49.340will, of regular people, dummies, according to the bankers, who got together and weren't0.90
00:17:56.680intimidated by their antics. And they collectively held the line and didn't sell their stock back to0.83
00:18:05.960the market so that it could be scooped up at cheaper prices by these two big, giant hedge
00:18:09.720funds. Well, that's what was happening over the course of this last winter. The banks were being
00:18:18.380squeezed. And by mid-January, the banks were really feeling some pain because they've got
00:18:24.760forward contracts in this space that have silver priced at 30 and 32 and 34 and 35 and 43 and
00:18:34.300$45 and with silver pushing $100 like it was in January and then touching $121, I think
00:18:43.660it was by late January, the banks, especially a couple of big ones and names you know, one
00:18:50.400of which was fined $920 million back in 2016 for this exact type of shell game, were looking
00:19:03.740at red ink and blood all over the field and the regulators just like in the movie GameStop
00:19:11.940sort of acted at behest of the big money closed their eyes to the dummies the small money the0.68
00:19:19.620dumb money if you will and allowed these banks to escape and on January 30th we all remember we saw0.92
00:19:29.320the largest single-day drop in any commodity ever in commodity market trading history in New York.0.96
00:19:38.44034% moved down in a matter of a couple hours, really, in New York on the final trading day of
00:19:47.240the month, which is when these banks have to square up these options in these forward sales,
00:19:51.960these contracts which are all paper and um and allow them to escape the they actually turned
00:20:00.720off the machines uh on two occasions uh in january to ease the pain and to allow them to escape out
00:20:09.800the back door now did they escape not really they're still in the hook for a lot of these
00:20:14.480contracts but a lot of air was let out of the market obviously with a 34 collapse in a single
00:20:20.900day. Normally, under any other normal circumstance, a commodity moving down, especially as a
00:20:29.480commodity as widely traded as silver or any commodity like gold or natural gas or copper
00:20:35.320even, a 5% move down on a daily basis or even a few hours would warrant the regulators to halt
00:20:44.040the market, stop all trading, and investigate quickly whose fat finger hit the wrong button
00:20:49.900or whose fat finger, you know, didn't move off the zeros and they entered, you know, 12 zeros
00:20:54.520instead of two zeros. And that never happened. There was no halt in trading at all. The regulators
00:21:02.440kind of closed their eyes and just let this thing run till right to the end of the day in January
00:21:08.260and just destroyed what was, you know, one of the most epic looking bull commodity charts you've
00:21:16.860ever seen in your life, which is the chart we showed, I think, the last time we were together,
00:21:21.080which shows a 50-year, 55-year bull market building an ultimate cup and handle chart in
00:21:26.720silver that really is still intact and is still very much in play. Nothing's changed fundamentally.
00:21:36.840All that's changed is the paper positions of a bunch of banks who don't care much for silver,
00:21:42.340who want silver to be, and gold, to be sold as best they can so that they can either come in
00:21:53.340and scoop up cheaper metal, which they're short of, or, you know, dissuade people from looking
00:22:00.400at this space. And it gives a lot of financial planners and a lot of brokers a lot of ammunition.
00:22:05.560Oh, look what happened to silver. Look at the volatility. It's much too crazy for the average
00:22:10.540person. And they all sing that tune like songbooks, like, you know, lemmings, if you will,
00:22:19.160you know, the following week after the big move down in late January. But you've got a question.
00:22:24.520Yeah, well, I was going to add there that I think that as they were seeing people
00:22:29.340emptying their investments and moving from stocks and holding their money in the banks
00:22:36.260and pulling it out and investing in precious metals, specifically silver, I think that this
00:22:42.220was rocking the banks. And yourself and other individuals that I know that work with precious
00:22:48.800metals and selling them had even come against the obstacles of banks refusing to transfer the money
00:22:56.760to the investments, to yourself on behalf of your clients. And so the banks, I think,
00:23:04.460we're being rattled by this. I think the institutions knew they were losing control
00:23:09.660as that correction was finally, we were thinking, okay, that correction in the ratio between gold
00:23:15.020and silver was finally on the way up and going to happen. And what is it? I think you were talking
00:23:21.340in US dollars, but it reached somewhere around $150 Canadian. And I saw today it's down around
00:23:27.160$81 for an ounce of silver. And so I think the banks began to panic. I call them the central
00:23:35.140banksters. And you've got the central banks, the International Monetary Fund, the Bank of
00:23:40.720International Settlement. All of these institutions are like private groups that aren't working in
00:23:48.860the best interest of the financial institutions that they're supposed to serve, like the
00:23:54.300individuals within the countries. It's like they're serving the financial elites and they are
00:24:00.400about, I'm going to say it, I think that this is a massive wealth transfer. It is theft moving
00:24:10.420towards that direction on behalf of these institutions. I'm not sure if you agree or not,
00:24:15.180but there is lying and cheating and stealing going on, I think, in the background. And I think the
00:24:21.660only way for citizens to be in control of their investments is as as others in yourself have said
00:24:28.920if you can't touch it you don't own it and so what would you say because I I've been watching
00:24:34.120this volatility happen in these last months you know I I don't want to even say I was concerned
00:24:38.940about it because I feel very good about being invested in sil in silver and that the price
00:24:44.400will continue to whether it drops and then it will continue to go up once again
00:24:51.660Well, it's true, Tanya. We did have a really, really record fall and winter season. We actually had three or four weeks through December and January when we couldn't keep up with the orders. And these are orders from 1% of the 1% of the population who can think straight enough to even own a physical silver coin or gold coin.
00:25:17.500And we did experience and I think you and I talked about this a little bit, a couple of instances with one particular bank is a big name bank out of Vernon who refused outright refused to wire funds and thought that, you know, their client was being, you know, taken or scammed.
00:25:36.500scammed so it was the fraud alert and uh this one old fella you know he's he wanted a thousand
00:25:42.800ounces of silver and he had an opportunity to to buy it all for about 65 000 i think and
00:25:49.020and during the heat of the moment you know uh two three weeks later he's beating on the door of his
00:25:54.980bank please wire the funds please wire the funds they kept refusing and he never did get the wired
00:25:59.920through and really the bank should be buying him a thousand ounces of silver in my opinion
00:26:06.400and delivering it to him at the price that he had agreed to with us but it's you're right i mean the
00:26:13.760bankers at the highest levels know what silver and gold are they are true money they're true
00:26:18.880wealth they represent true wealth they've been used to store wealth for thousands of years and
00:26:24.240throughout our generation you know we've been bamboozled a little bit to believe that dollars
00:26:29.820are wealth when dollars are in fact created as debt and uh you know when people say to me invest
00:26:35.300in silver, I say, you know, we don't really help people invest in silver. We help you trade
00:26:39.820a currency that is failing and anybody can see and feel that is failing and will fail completely
00:26:49.640for a currency or money, gold and silver, that has never, ever failed to store wealth and be
00:26:56.980money. So we're in that paradigm where, you know, the boomers especially tend to believe that,
00:27:04.160you know, wealth can be created from thin air. And, you know, the way we use our visa cards,
00:27:08.780our generation and, and borrow money and enable the banks to enslave us even further,
00:27:14.860suggest that we've, you know, they've done a good job on us. They've really done a good job
00:27:19.560on us. And it takes a lot to battle with your financial planner or your banker to get out of
00:27:25.260the banks and the banking system. Now, no one can be completely removed from it because we need it to
00:27:30.920often pay our phone bills online and different things, but you sure can remove your savings
00:27:37.440from the banking system. And in doing so, you reduce the amount of leverage that the banks
00:27:42.720are using to create even more money. The banks today in Canada can create unlimited sums of
00:27:49.480dollars with virtually nothing on deposit. We have one of the grossly obscene fractional reserve
00:27:55.620requirements, banking systems that I think the Western world knows. And as we've talked about
00:28:01.100before, our banks were bailed out back in 2010. I've got a slide at the end of this presentation
00:28:05.180to remind everybody that Canadian banks are in rough shape. You know, they've really gambled a
00:28:10.600lot and never really paid their debts. They've never been called out. And now as well, I don't
00:28:19.260know if people know, but in the last budget, starting actually pretty much as soon as the
00:28:25.040Liberals gained a majority back in 2015, I think it was the 2016 budget that they tabled
00:28:31.420in March and maybe it was 2019 actually. And it's now got, instead of a bank bail-in where
00:28:38.680the government will bail out a bank, it's now got a government bail-out, which means they go
00:28:44.720into our funds and our safety deposit boxes in order to get the bank out of trouble and so that's
00:28:55.140also one of the reasons why we've had been having these shows so that we could help educate citizens
00:29:02.460that your finances and your investments aren't safe within the banks and especially with how
00:29:09.400volatile everything has become. And so that's one of the good reasons why I think investing
00:29:16.640in precious metals is something for people to look at, at least for a portion of their investments.
00:29:22.800And you're right, like we do need to deal with the banks. You still need to pay your bills and
00:29:27.840no longer can you go to a Shaw store. Well, it's very hard to anyways. I guess you could technically
00:29:34.940maybe go to shaw and pay your phone bill or you know for your television but everything has been
00:29:40.680become auto auto payments and so we are reliant at some level on the bank so you do have to have
00:29:46.520some money in the bank you need some emergency money as well so before you go in into your
00:29:52.700presentation we'll have more conversation after after that as well steve is that you had noted
00:29:59.220that how important silver is as as far as its use in technology and other things and i was reading
00:30:06.400an update today and i never i never realized this is that we understand that silver is you
00:30:12.900is needed in cell phones and and and um what is an another one uh i i had some things written down
00:30:20.980like uh well the solar panels are the giant driver of late but ai and your smart tech and
00:30:31.360your drone tech and your war tech yes are consuming millions of ounces of silver that
00:30:38.620aren't being produced or mined each year and that's one of the slides we've got seven years now
00:30:45.280of worldwide silver deficits and that's how I started off you know as a as a straight supply
00:30:52.360demand commodity if you go down this rabbit hole and study silver you'll want to own some
00:30:58.660leave aside the fact that it's been money more often around the world than gold ever has been
00:31:06.580and and used to store wealth just like gold throughout the ages it's an it's an amazing
00:31:14.180story. It's an incredible story. Precious metals throughout history has always been a good
00:31:19.360investment. And with the validity and the lack of security and confidence that we have in our
00:31:26.100banking systems right now, this is something that we just want our members to be aware of so that
00:31:32.400if things go really south with the banks, you're not left without a backup system. So Steve, over
00:31:38.720to you. I look forward to your presentation. Well, folks, I'm just going to start with
00:31:43.060two big pieces of news from last fall. This one was one of the biggest. On the heels of
00:31:54.820a visit by the Trump team, his trade team, to China, there was an announcement, I think,
00:32:04.220within 24 hours of the team leaving China, that the Chinese government was going to step in and
00:32:12.920regulate the amount of silver, refined silver, leaving the country. And most people don't know
00:32:22.520this, 70%, almost 70% of all silver is refined to pure in China. And it's given the Chinese now
00:32:32.760quite a hold on who receives silver for their various industries. A lot of us have heard that
00:32:42.760China mines 95% of rare earths. They've effectively now included silver along with
00:32:50.120those 95% of rare earth elements and control them. And for their own processes, including
00:32:58.200solar panels, which are produced in China, and electric vehicles, which are being produced in
00:33:01.880China, silver is a vital ingredient. So there was a slide here from Bloomberg about China
00:33:10.240restricting silver exports and that the announcement actually said that Chinese
00:33:14.240government is going to issue the licenses to those exporters. So effectively have a de facto
00:33:19.400control of who in China is exporting silver. And by default, the Chinese government is in
00:33:31.860control of 70% of silver, refined silver that's used in, like I say, the 10,000 things that we
00:33:39.540needed for. Within days of the Chinese making that announcement late October, the U.S. Geological
00:33:46.680Survey made an announcement about adding silver and copper to their strategic metals list.
00:33:53.000And you can see the definition there of what constitutes a critical mineral or mineral
00:33:59.580essential to the economic and national security of the u.s which is true and that there would be no
00:34:06.700industry a war industry without silver so it is a critical element and some of you might remember
00:34:13.680that way back in the late 60s it was the military industrial complex and certain senators who worked
00:34:19.900on their behalf who were lobbying congress in the late 60s to remove silver from the coinage in the
00:34:26.480late 60s, which he ultimately did do because it was so critical an ingredient for the manufacturing
00:34:34.540of missiles and bombs and bullets and other tech. At the time, in 1968, the U.S. was consuming 100
00:34:41.740million more ounces a year of silver than they were mining domestically. You've got
00:34:48.360um a situation now where you know silver is on the critical list and for all the right reasons
00:34:56.780and something's up i mean some of you probably watched fox news here yesterday where scott
00:35:01.460besant was the treasury secretary was touring jesse waters around the treasury offices
00:35:05.920and showing some of the pictures of old silver certificates on the wall and made a statement
00:35:13.620about silver being part of the monetary system it's no longer and that your dollars your silver
00:35:20.900certificates were redeemable for silver. In times of financial uncertainty safeguarding your assets
00:35:29.440is increasingly important. In response to ongoing inflation economic challenges and market
00:35:36.360instability many Canadians are adopting the timeless strategy of investing in precious metals.
00:35:42.980Historically, gold and silver have held their value, safeguarding your assets against economic
00:38:03.680Remember, your decisions are your own, and we recommend doing your own research before making any investment.
00:38:13.980It was quite the statement that he made.
00:38:17.960Anyways, it seems that Treasury is quite aware, and Scott Besant, who apparently is the largest component of his hedge fund when he ran a hedge fund, was in gold.
00:38:27.260He understands the metals and a lot of buzz after yesterday's piece he did on Fox News.
00:38:56.480we had days where it was up 5%. We had days it was up 7% and 8%. And by late January, it had
00:39:02.600touched 121. And literally, the banks were looking at billions, not tens of billions,
00:39:07.620but hundreds of billions in losses. And lo and behold, with the Asian market closed and the
00:39:13.140London market closed, on Friday afternoon, the last trading day in January, we got the smackdown
00:39:19.280that a lot of us should have really been anticipating. Nobody would have thought they
00:39:24.660could do this in one day but this is this is the racketeering operation that they operate
00:39:30.080a whole bunch of paper was sold in a friday afternoon paper representing silver silver
00:39:38.180that's not in the vaults so there was nothing fundamentally changed about the silver market
00:39:44.480or the commodity that is silver there was no giant mine that was discovered that was going to reduce
00:39:48.660the shortage of silver coming to the market for industry every year nothing like that there was
00:39:55.460no announcement that that they're going to use gold instead of copper and all these batteries
00:40:01.500for these evs nothing like that nothing fundamental this was strictly a paper play we've seen it many
00:40:07.440many hundreds of times previously it generally always happens on a friday afternoon and generally
00:40:14.420always in New York, where there is no real physical market. It is a paper price setting
00:40:20.280mechanism only, and it's slowly losing all credibility, if not already. Nobody's looking
00:40:27.600to the COMEX for any physical metal, but there is still a lot of speculation going on there.
00:40:34.220Since this big drop, and since these games are being played, there's been a knockback of the
00:40:42.180open interest in the New York market that has fallen to about 20 years lows, which suggests
00:40:46.980that a lot of the speculators, a lot of the commercial traders who are just in it for
00:40:52.280ounces on the dollar either way and a dollar profit have left the system.
00:40:58.400But the comment here was really well written.
00:41:02.020It was an entirely engineered flush as the bankers were fatally trapped and caught in
00:41:10.480the mother of all short squeezes there, that second paragraph, you can read along the rest
00:41:14.440there. As silver hit 120, the leveraged banks were looking at their shoes and there was blood all
00:41:23.200over the floor and something had to be done. And effectively, they were bailed out by the
00:41:27.940regulators who didn't allow anything normal to take place in that they would have otherwise
00:41:36.740halted trading and figured out what the heck has just happened but no not with silver they allowed
00:41:42.060it to fall further than any commodity has ever fallen in a single day ever in our lifetime
00:41:46.540we'll leave that for a sec so here's a good graph that that reminds people that the for the last
00:41:55.460this one shows five years there's been an 800 million ounce deficit between what has been
00:42:01.880consumed and mined out of the ground. These numbers are produced by a group called the
00:42:10.120Silver Institute. And guess who runs the numbers? It's a heavily skewed survey
00:42:18.120where certain big banks are also are members of this club. So there's a lot of monkeying with
00:42:26.840the numbers. There's a lot of suggestion that there's a lot of actual evidence that they
00:42:30.920revised numbers backwards from previous years to make them look a little less dramatic in the
00:42:37.260current year. And one of those examples came in the case of solar. Solar installations were up
00:42:42.500some 73%, I think you can see. Well, it's not in this chart, but solar installations in China
00:42:50.680were up some 73%, I think, in 2025 over 2024. It was a huge number, but the Silver Institute
00:42:57.660suggested that silver consumption was only up 4% due to solar. So they really do fudge these
00:43:06.800numbers, but we still lean on them as evidence that silver is in a structural deficit. There are
00:43:14.760no large above ground stockpiles and the demand continues to grow. And it's especially coming
00:43:20.900from this new tech and these evs and so on and here's just a a quick example of what samsung
00:43:27.740announced last year and i i found this slide with the the number that was really startling on a
00:43:33.520conservative estimate it's the fourth paragraph down there if 16 million ev users chose to adopt
00:43:44.240this new battery which requires as much as a kilogram of silver in this new process the silver
00:43:50.520carbon process, it would require 514 million more ounces of annual silver demand, which is roughly
00:44:00.70060 to 65% of annual mine production. There's just no way that the mine production can keep up to
00:44:10.220this kind of demand. Mine production in silver peaked in 2016, folks. And because 70% of all
00:44:18.220mine silver comes to the market as a byproduct from other gold and zinc and copper and lead
00:44:24.720miners. There's no way to retool these big mines to add more silver. In fact, if all the stars
00:44:32.540aligned, I heard one analyst at the WRC conference in Vancouver saying, and he was a mining executive,
00:44:39.060if all the stars aligned, we could potentially revert to 2016 peaks for silver production
00:44:47.500by 2035. So there's really no new production on the horizon and only new demand. And it's
00:44:56.820startling new demand. And I could go on about the AI demand and the drone type technology that
00:45:04.740we're using in these ridiculous wars and the chaos around the world. These drones don't work
00:45:12.600without silver and and and uh they require more and more of it our cell phones are are uh and our
00:45:21.000keyboards and our and and everything else on the sun like i say is is growing and here's another
00:45:29.160chart that i picked up i think this is the one i was talking about the growth this year alone
00:45:32.680consumes about 11 percent of worlds of the world's annual silver supply and that's just china where
00:45:40.120China installed 464 gigawatts of new solar activity up 62%. I was wrong on 73 from the
00:45:48.720previous year. So it's smoking silver demand. And these banks who are short silver on paper
00:45:59.480are really starting to feel the pinch. Here's one example of what's happening in Asia.
00:46:05.580And there's been some big news in Asia, and that Asia's apparently for the big banks in Asia where you can trade silver are eliminating by July 24th, just a few days away, any margin that's allowed in the futures market trading in Shanghai.
00:46:24.140eye. The plan could be to eliminate speculation in China completely in the silver market and
00:46:35.060revert to a strictly physical market. You want silver on our exchange, you pay for it. It's the
00:46:42.520price it is, and we deliver it to you or you come and pick it up. This chart shows the disparity
00:46:49.000between the paper price in New York and the physical price in Shanghai, which has been
00:46:55.700consistent now for a year. We had some trading days and there's a lot of guys tracking this
00:47:02.680premium of real silver versus paper silver in China, where you can get delivered real silver
00:47:09.240and the paper price in New York where you can't. And currently, just as of the other day, it's a
00:47:50.680And there could be some real fireworks here this month as we see this transpire.
00:47:56.800The bottom line is slowly the paper players are walking away from this New York market
00:48:03.860and the physical silver market is moving to China.
00:48:07.900And in a pure physical market, like with gold, where dollars only ever expand and the amount of silver and gold are finite, you might never see the price ever fall.
00:48:22.820People ask me all the time, why is the price falling?
00:48:24.880I remind them it's the paper price that's falling.
00:48:43.100But I know a lot of you out there who listen to us and listen to people like me bought a lot of silver at well under $50.
00:48:50.820So even under at those rates that you paid, you know, $90 silver like we are today Canadian or close to it.
00:48:57.800It doesn't look like a bad return, but we did get excited over the winter, that's for sure.
00:49:03.360And the premium is still in place in Shanghai, and it's likely going to get a lot narrower as people, a lot greater as people walk away from this New York market who actually need real silver.
00:49:17.940Another stat out of China, just this last March, China imported more silver than any other month in 20 years.
00:49:25.580Now, they've been exporters of silver for a number of months, you can see on the chart, in that they are the world's largest exporter of silver.
00:49:37.300Seventy percent of all refined silver, as we just learned, originates in China.
00:49:42.860All the refining capacity is there, and it's no good to anybody, any industry, not Samsung or Toshiba or anybody until it's refined.
00:49:49.040So here we've got a situation where possibly China has exported all the silver they possibly can in refined form for their large industrial customers and is forced to, as we saw this last March, import now and compete with everyone else looking for silver, which is likely to cause even further deficits.
00:50:15.260I had another, you know, interesting slide here regarding India, which is the largest consumer of silver. A lot of the refined silver then ends up in India, originates in China. Well, the Indian government decided they're going to curb imports.
00:50:32.700Now, a lot of Indians import silver like they do gold, with gold at higher prices.
00:50:38.280A lot of silver is being imported in bullion form to hedge against the rupee and to hedge against the falling rupee.
00:50:45.100And most Indians are fully aware that gold and silver are money.
00:51:21.760And we saw some incredible numbers, you know, last fall of how much silver is being imported into India, both by industry and by Indians, a billion people who know darn well that the rupee isn't a place to store any value.
00:51:35.300just another bullish uh stat there and here's the long-term chart that you know i referred to
00:51:44.160earlier this incredible cup and handle chart that some chartists and known technicians call the
00:51:49.000greatest commodity chart they've ever seen is still very much in play uh and the suggestion
00:51:55.420here is that 120 was a breakout we did break through finally after decades uh through that
00:52:02.200$50 glass ceiling that had been holding since 1980, somehow, despite falling supply everywhere
00:52:09.640and increased demand everywhere, but a giant paper market that has been skewing the true
00:52:18.560Well, we broke through that this last fall, finally, and ran up to 120.
00:52:24.980But the chart is still very much in play.
00:52:27.040And the suggestion here is that the 120 run was a breakout and the breakout is holding and the real run has just begun.
00:52:38.620And there's some indicators that, you know, when this starts to move again and it can move very quickly, that silver is going to cause a lot of pain for these banks that are remaining in these positions.
00:52:50.420And a lot of industry is going to be chasing silver.
00:52:55.200and fortunately a lot of us already own it i wouldn't dare sell any unless i really had to
00:53:01.620buy my granddaughter a new car and that's not happening anytime soon
00:53:05.020um we're we had noticed over the last two or three weeks a lot of new people a lot of existing
00:53:12.700stackers who really do watch this market closely are coming back to us and i think last week alone
00:53:18.160i sold 4500 ounces of silver 5500 ounces of silver to existing people buying another box 500 ounces
00:53:24.620buying another two boxes thousand ounces and uh and loading up again and i've i've been witness to
00:53:31.540it this last chart is just kind of a fun one of you know where's the dollar going well when the
00:53:37.580dollar was anchored to silver it used to buy a lot more than it did today in the in the 60s when
00:53:42.760the u.s dollar was still anchored to silver you could buy a a gallon of gas with with uh
00:53:49.060I think you could fill your tank with a gallon.
00:53:53.400The fiat dollar has obviously replaced the silver dollar.
00:53:56.840We've got about a 90% loss in purchasing power just since the late 60s,
00:59:37.580Just today, I quoted $84.75 Canadian on a silver bar.
00:59:43.860The best price showing on the website was just over $86 an ounce for that same silver bar.
00:59:49.260So the wholesale buying power that I have with Silver Gold Bowl that I'd love to pass along to my awake and supportive friends at Action for Canada is available to you.
01:00:00.040We're going to save you a little bit of money.
01:00:01.160we guarantee delivery and we set up an email account so that we can track all the inflows
01:00:06.600that come through the action for canada network so that you get a discount and you get a little
01:00:09.960bonus and it's a4c metals at proton.me and or my phone number is down there as well
01:00:15.520and just the last shot there's a little picture my little shop in colonna where you know back in
01:00:21.3602001 we put a sign on the door and got a little press for rejecting people that were wearing a
01:00:26.700mask or were vaccinated and the fake news in Kelowna blew it up and we had some fun with it
01:00:32.800but I like to remind people that we're on the side of truth and long have been and I was happy
01:00:40.380to sit with Tanya in the courtroom for as long as I could and sit beside that on the one side of the
01:00:47.660aisle who really does need to be called out and really does need to be shut down and I'm sure
01:00:54.120hopeful for a positive decision here in in september so i'll i'll wrap it up there you know
01:01:00.220i've been a little long i didn't plan to be that long but again you know at the end of the day
01:01:04.500the silver's long-term trend is very much in place and uh really the fun you know we had a
01:01:11.100we had a lot of fun over the winter and it's been and it's been a bit uh slow but it's picked back
01:01:17.140up again extremely it's it's you know it's not quite like the winter it's funny the nature of
01:01:22.160crowds how people jump on bandwagons but i tell you 80 of the orders i did tanya over the winter
01:01:27.240when things were so busy for for existing people people had bought it ten dollars and twenty dollars
01:01:31.600and thirty dollars weren't afraid to buy it a hundred dollars because they too felt this was
01:01:36.000it this was the big breakout and uh so we did fill a lot of orders for a lot of existing people at
01:01:42.300those prices but there's really nothing to worry about and for so many of those people they've
01:01:47.120just stackers it's in their nature and the ten dollar and twenty dollar and thirty dollar silver
01:02:39.600And then as well, you have been so ready to give of your time to come on with Action for Canada,
01:02:45.140give these presentations, help to educate, you know, our fellow Canadians who we want to be
01:02:51.140in a good position if by chance the banks fail and let them down. And so when you're talking
01:02:58.000about the price of gold right now, in comparison, the ratio to silver, I understand you've said
01:03:04.740seven to one, it should be at least seven to one, which if an ounce of gold right now is $6,000,
01:03:10.040am I hearing you right in saying that an ounce of silver should therefore be $600 per ounce
01:03:16.700if it's 10 to 1? Is that what we're talking about? Absolutely. Yeah. And so I want people
01:03:23.840to understand the calculation of the corruption that's going on in prohibiting the price of silver
01:03:30.500to actually reach its worth, what its actual worth has been in history. And so that's really
01:03:39.720important to remember. And that's why we believe, I do believe that Trump is taking some major steps
01:03:46.140in the US. And I think that he's strategically, you know, addressing Iran, Britain, we're seeing
01:03:53.920the news, you really have to listen to legitimate people in the background who can lay out the
01:03:59.320strategy and plan. But it looks like he understands very clearly as a businessman, what's going on
01:04:05.760financially. And he is taking some serious steps to turn that around and bring wealth back to
01:04:12.800Americans, not only through their jobs and manufacturing, but also resetting and dealing
01:04:19.400with these banksters. And as I said at the onset, I believe that the monetary fund and the World
01:04:28.220Bank, they have taken advantage of people because they had the power and control to do that.
01:04:34.580We're paying taxes. We're paying interest. That interest, it should just not be on the shoulders of Canadians or the future generations. And so what we see the government making announcements where they have spent billions of dollars, say, helping people in Africa or in India, that you can see that that money and you hear that it's not actually making it to the people that are in need.
01:05:00.640Where is that money going? Well, we're seeing, I believe, this wealth transfer where I say it's the biggest theft in the history of the world that we're witnessing. And that if these people were to go to jail, our debt should be wiped out because it's a fabricated debt. And so this is something very, very critical and serious.
01:05:21.900Now, I want to also make sure people know you ended with saying that in BC that you operate and do business, but I want our members to know that you help people Canada-wide.
01:05:33.600You can help anybody from any province in either buying silver, gold, transferring some of your investments.
01:05:41.440And I also agree with you as far as the RSPs and RIFs. We all thought that was a good plan maybe 30 years ago because I call it some sort of Ponzi scheme because they say, oh, yeah, you know, invest in an RSP and we're going to give you a little bit of money up front, but then get to retirement.
01:05:59.540And the penalties on people to pull that money out is quite extreme. And you can take out your maximum every year after retirement. But for myself, I've been helping another individual with their retirement that they'd had in a RIF.
01:06:20.140Sorry, I know I'm covering a lot of things here after your presentation, but I've been dealing with this myself with someone that I've been assisting, and if they take a hit on money that they've transferred from stocks and bonds into silver under a rift, now it's like I'd like to in kind remove that silver from a rift.
01:06:41.440you're still going to end up paying the government upwards of 30 percent taxes if you take that whole
01:06:48.620lump sum money out but because of where the price of silver is you wait a couple of years you're
01:06:55.120going to gain back that money that you've just lost having to pay taxes to the government and
01:07:00.120if it reaches six hundred dollars you're going to far surpass that and the government doesn't
01:07:03.940get a penny of it because now you've removed it from your rift is that are you following what i'm
01:07:09.760saying? Oh, 100%. I mean, you're taking advantage of a commodity that happens to be money that's
01:07:20.140at an all-time low, really. You look at just the chart, adjusted chart for inflation for silver
01:07:28.280from 1980, and you'll see it's about $4. I mean, adjusted for inflation, silver's never
01:07:39.180been cheaper. How many houses can you buy today for the same price you paid for 1980?
01:07:47.400Exactly zero. Your house has inflated 20 times since 1980 in so-called value. Silver has just
01:07:55.860breached its 1980 high last fall and is hardly over that today. And you can thank almost five
01:08:05.940decades of intervention by the same bankers who would rather you be plugged 100% into their system
01:08:11.760than plugged into a sovereign system like silver and gold for that gift. They have made silver
01:08:19.640on sale to the 1% of the people, the public who have the ability to spell silver, which is our
01:08:27.600crowd. So take advantage of it. Yeah, you might take a hit on an RRSP withdrawal, but I believe
01:08:34.480you're going to likely, I believe 100%, you're going to make that back when all this washes out.
01:08:41.280And silver is repriced according to its true fundamentals. And if it's ever priced again,
01:08:46.160like gold is, as a monetary asset, not just a commodity, we buy it as a monetary asset.
01:08:52.900Well, if it's a monetary asset, it should be trading against gold, like it has historically
01:08:57.340at about a 10 to 15 ratio but it's in the ground that silver is coming out at a seven to one ratio
01:09:06.840and that's in mexico where 30 of all mines silver so it's just not it's just not visible all the
01:09:12.500silver coming out of the ground is being consumed and then some all the gold that's been that's
01:09:17.820coming out of the ground is still above ground none of it is ever destroyed whereas just about
01:09:24.040all the silver coming out of the ground is used in industry and then some and a lot of it is never
01:09:29.920recycled like with your torpedoes that are laying waste of you know 500 ounces of silver every
01:09:34.640tomahawk laying waste in the desert it's not being recycled it's not being recovered
01:09:39.100okay so the ratio that we're at right now 65 does not make any sense at all on a historical basis
01:09:47.380right okay so uh yeah thank you for that steve i'm gonna just go through a few questions that
01:09:54.360are coming in and uh then it's we're at the top of the hour here so we'll wrap up the show
01:10:00.060and uh anyway so somebody said regarding fraud which type and brands of silver are more common
01:10:07.460being fake so people can be careful buying on the street oh oh boy you know a canadian mint
01:10:17.060uh one ounce bars are very popular and can be knocked off by certain chinese parties and i've
01:10:24.740seen a few myself um you know if if you're buying something off the street uh at the very least have
01:10:33.140a digital scale with you you know a 25 digital scale that you can buy at walmart i think will
01:10:39.180help you if it's properly calibrated at least weigh that coin or bar to the 31.1 grams that
01:10:49.060it should weigh if it's an ounce if that weight on a properly calibrated scale is even off by
01:10:55.320you know uh a gram then there's cause for concern a 30 gram gold bar is not a legitimate bar if
01:11:05.820your scale's working properly uh short of having a scale um you know there's there's some fancier
01:11:15.480equipment there's apparently on amazon i've heard about this it's called a a pinging machine and it
01:11:20.200it uh works with an app on your phone and you put the coin in this little uh it looks like an ice
01:11:26.760cream scooper almost and it sits in there and you flick it with your finger or you tap it with this
01:11:32.360little bar and it resonates the frequency that's heard by the app on the phone and it tells you if
01:11:38.500that's a 90 pure coin or a 80 pure silver coin if that's the case you like you know can in canada
01:11:46.600we had 80 pure coins that's one way but you know you might also meet at a coin shop in your local
01:11:54.160town too if you're you know buying something off the street and you know i wouldn't mind if you
01:11:59.620know i love when people you know can get a deal on facebook marketplace or something and if
01:12:04.160if you're in my area and you want to come into the shop and i've got a you know a two thousand
01:12:08.900dollar machine i'll you know i'll verify that it's pure and real okay but failing that maybe
01:12:15.100find your local coin shop guy he might have a testing you know a piece piece of testing equipment
01:12:20.900that will help verify that item yeah it's a very good question it's a very um you know legitimate
01:12:27.240concern. I know we were talking about the banks and fraud earlier about why banks are now sending
01:12:33.460alerts to people in transferring their funds to you. Fraud is one side of it. I know that banks
01:12:39.960also are wanting their customers to buy precious metals through them. There has been a bit of that
01:12:45.620but I was in the bank yesterday again with an elderly person who wanted to take out $5,000
01:12:51.680and they were rejected from doing so and the one branch didn't give the courtesy of explaining to
01:12:58.620them look you know what you know because they said why are you taking this money out she kind
01:13:03.720of went none of your business and then finally said for a car what kind of car and and they saw
01:13:08.780that it wasn't a habit of this person to take up the cash so on the one side i appreciate you know
01:13:16.100the security system that now is in place. But on the other side of it, this is because we know
01:13:22.020that especially the Indian community within India are putting out these scams, convincing individuals0.99
01:13:28.400to buy cards and to provide them cards and using the cash to do that. And it's become very, very1.00
01:13:35.520concerning. Our elderly are usually hit for that. So I want our members to know, don't get irate
01:13:40.360with your bank if they're saying, no, we don't want you to remove that money. But there does
01:13:43.900come to a point, say, you know what? No, this is not fraud. I'm not being coerced. And what I do
01:13:48.820with my money is my business. And, you know, you may need to go through that process. I'm just
01:13:54.000giving you a little bit of our members, a little bit of an experience, you know, that we've had
01:13:58.720and that we've had to face and that you may face if this is your first time in reaching out to
01:14:05.540Steve and making a purchase. And so is there any other warnings you can think of or any other
01:14:12.240situations that you would want to bring to members' attention if they are going to
01:14:19.280purchase metals through you, Steve, for the first time?
01:14:24.300Well, you know, 90% of people paying us, Canadian people at least, are making bill payments
01:14:31.160to us. You know, at the height of the busy winter we had, we were doing apparently almost 1,200
01:14:39.860bill payments per day. Silvergold bulled at over $5 billion last year. It's a significant player
01:14:49.760now in this space. Based in Alberta, a real success story with 70 people working in the business.
01:14:58.320And everything's verified. Everything we ship is guaranteed. And everything that you receive
01:15:05.840is 1,000% guaranteed to be pure and real, bullion.
01:15:12.960If there was ever an incident where it wasn't,
01:16:53.460So I often warn customers to let your bank know if you're going to be making a bail payment over $50,000.
01:16:58.920Let them know you're sane. Let them know you've done this before and you're buying precious metals and you're buying them from this company and do not block my account because quite often a fraud alert can lead to they want you to come in and visit the branch and re-verify your identity.
01:17:14.280And for some people, that means driving an hour into town and wasting a bunch of time showing up at a bank teller after standing in line in a bank lineup just to show your face and get your account reactivated.
01:17:24.720Right. OK, thank you for clarifying that.
01:17:26.580somebody has asked when silver hits high then how do we sell so say it goes to six hundred dollars
01:17:32.220an ounce so you would go to somebody like steve and you would uh put forward that transaction
01:17:37.820is that correct steve absolutely all right there's there's there's actually a button on the website
01:17:42.760to sell to us where you can see all our live buy prices if you're ever in that position where
01:17:49.060you need some fast cash okay although it won't be fast cash it will be in silver gold bulls case a
01:17:55.520wire or a or a direct bank transfer if you want fast cash you might look to a neighbor
01:18:02.280a local marketplace a local coin shop like mine where i'm happy to pay fast cash if you've got a
01:18:09.620coin to sell okay and then can you purchase physical silver within a conventional rrsp
01:18:15.540from a bank? No, you can only buy physical silver through an RSP enabled by Questrade.
01:18:27.580Correct. Okay. Yeah. And so that's where people can reach out to you and they can transfer
01:18:33.280whatever their RSP is currently under, probably like a paper asset of some sort and transfer that
01:18:40.900into silver is that correct your first step if you're not with quest trade is to activate a new
01:18:47.940quest trade rsp okay and then have your existing provider shuffle some assets over there
01:18:54.280you know the stock or bond or the cash and then once there is cash in that new rsp we can help
01:19:01.660you deal with it okay but but know that you're never going to own it yourself you're never going
01:19:07.860to hold it, I should say, yourself. You're going to pay a facility like ourselves to store it and
01:19:16.620insure it. And the government, who's a counterparty to your registered RSP, which, you know, the word
01:19:26.440register means a signed legal title, will be fully aware that you're holding precious metals inside
01:19:31.160your RRSP. Correct. And so I understand that when you move to that paper asset under an RRSP or RIF
01:19:41.960into hard silver, that hard silver, then you own that. It's hard silver and it's stored generally
01:19:48.020in brinks. Now, I've also learned that if you decide to no longer just, even if you had paper
01:19:56.520assets in a RIF and you sold them, that money would be transferred into your bank account.
01:20:02.060You can, if you have now transferred into a silver asset that you hold, you can do it in kind. You
01:20:09.200can sell it in kind from silver into silver and store it in whatever facility. If you don't want
01:20:15.440to store it in Brinks, you can store it in another facility because there are other facilities that
01:20:20.460store these assets and then it would no longer be under a riff and you would own that silver
01:20:26.540outright unless people had some sort of other home security wouldn't you know recommend that
01:20:33.240if you have a large asset in silver but that was something that I'd learned as well you don't have
01:20:38.920to keep it because the next question here was what will stop the government from taking private
01:20:44.140silver and gold if they pass some kind of law because they want to get their grubby hands on
01:20:49.140everything right and they knew that this is this is really of great interest to people pulling
01:20:55.200their money out they see that that's happening the regulators weren't punished for doing nothing
01:21:00.140in january so who will stop these people from robbing us all and then goes that's that insecurity
01:21:06.220again right in the institutions well they can only rob the assets that are in the accounts
01:21:14.040that they can seize or suspend silver and gold in your own possession really
01:21:22.080is is the safest way to insulate yourself from any robbery in my opinion
01:21:27.540they they can't i i think the government especially in canada would be as successful
01:21:36.020getting your gold and silver or at least my gold and silver out of my hands where i have it
01:21:41.060as they have been with their gun grab you know i just don't see any of our crowd buying into that
01:21:47.100nonsense and and to me you know they know like i know that it's less than one percent of canadians
01:21:54.920who have these kinds of assets in their own possession and most of us have them in our own
01:22:01.940possession we don't broadcast it to the government so i think the government's going to go after the
01:22:07.420easy stuff first that's going to be the stuff in your bank account and the stuff in your rsb
01:22:12.060yeah and when i was talking about bail-ins um or bailouts previously it was if you'll remember in
01:22:19.2202015 there was that um in greece there was the international bailouts and and the they they
01:22:27.200actually shut the bank accounts of um individuals for up to three weeks and they had like strict
01:22:34.840daily withdrawal limits imposed to prevent a total bank run amid, you know, fears of I think
01:22:41.420it was some euro exit and default. So that is the bank bailout that I have in my mind. And so when
01:22:49.580the government put that in the budget, that's what I'm concerned about is that they will shut down
01:22:55.400your ability to access your assets. And that's why it's very important to have to be prepared for
01:23:01.920that if you couldn't get to your bank today are you prepared somewhat in order how would you live0.96
01:23:07.860how will you buy groceries are you prepared for that and that's what I just really want Canadians
01:23:12.840to hear and that's the purpose of this show tonight is to do a service to our members to
01:23:19.540Canadians that you need to diversify a bit at this time again we're not giving you any advice on what
01:23:26.740you should do with your finances. We're trying to educate you on, you know, what potentially is
01:23:33.480coming and are you prepared for that? Food is another asset. And due to what is happening with
01:23:40.720the interruptions in our food chains, there are farmers who would generally, their business is
01:23:46.640wheat. And because of not being able to get all of the means to grow wheat in the volumes that
01:24:00.040they had, they are saying that there is going to be some problems in the future as far as being
01:24:06.920able to access flour and other goods. Of course, I was listening to a podcast the other day.
01:24:13.660I can't remember what state it was in and they were just traveling through the states and seeing
01:24:19.420fields and fields of corn and soy and thinking oh look at all of this this agriculture isn't this
01:24:26.300great but no you can't do a lot with corn and soy and that those fields used to be filled with cattle
01:24:32.560and of course they're wanting to dissolve the beef industry as well and so yeah you know we need to
01:24:40.720be prepared for these things as well. And that all of this, in the end, we see that housing is
01:24:47.820so inflated right now. We hear about the bailout of Kearney, just total corruption with the Chinese1.00
01:24:55.180communists running these condo buildings and the developers behind them. I mean, it is just so1.00
01:25:02.720disgusting. There is no bailout that should take place with our money, with Canadians' money.
01:25:07.920these companies need to go belly up and learn from their bad decisions. And that market needs
01:25:13.600to fall so that our kids can afford to get into the market again. And all of this is working
01:25:19.120together with the financial system. Everything's inflated. And that in fact, once silver has
01:25:24.900reached these highs, and I love how you say in buying silver, you're buying gold, because if
01:25:31.900you get in at silver right now, gold is so elevated at $6,000 an ounce. It's like, how are you saying
01:25:37.540that I'm buying gold with silver, is that's because when silver increases and reaches its
01:25:42.840full capacity, you can then transfer that silver into gold and you'll own gold, if that's what you
01:25:48.200want to do, when silver reaches its capacity. So just in case people weren't following what you
01:25:53.560were saying at that point. So these are a lot of areas to look at with our finances, what these
01:26:00.380corrupt individuals, the globalists are trying to do to interfere with our food chain, with our
01:26:07.600housing and with our finances. And we need to be aware of that and prepared. So when the market
01:26:12.780crashes, when our silver reaches capacity, you may be in a good position to also then transfer and
01:26:18.180start buying property. That's kind of the cycle of where it goes. So just stay informed. And Steve,
01:26:25.620I just want to thank you so much for coming on the show.
01:26:29.760And in closing, is there any final message that you want to give Canadians tonight in protecting their financial future?
01:26:39.040Well, I don't have to explain to your listeners, you know, how corrupt, like you just said, how corrupt things are.
01:26:45.880This government, this liberal, you know, nightmare is, you know, they've shown their hand.
01:26:52.420They're going to steal as much as they can.
01:26:57.000You know, it really has become, especially in BC, I feel like we're living in one of the most communist jurisdictions in the world today, if not the most.
01:27:05.640And the history of communism is to steal your wealth through inflation and then hyperinflation.
01:27:13.080and i fully anticipate that we're going to see a loony crisis that's going to make the
01:27:18.700the peso crisis in argentina or the bolivar crisis in venezuela uh look like a walk in the park i
01:27:26.820mean there's there's nothing different between the argentinian and the venezuelan economy and
01:27:33.480the canadian economy when they were run by socialist crazies uh the amount of printing
01:27:38.560they were resource rich both these countries but they were run by complete biscuit heads and0.56
01:27:43.400basket cases and and they just drove everything into the ground uh bailed everybody out like0.98
01:27:49.720you're saying tried to supply everything to everybody uh dissuade work and dissuade hard
01:27:55.860work and dissuade entrepreneurs and what do you end up with a worthless currency yeah and i saw
01:28:02.920Canadian dollar the other day at 69.3 or 69.7 and i don't think that's the bottom folks
01:28:09.720no no i agree with you we're in a dire state here in canada but we are not helpless
01:28:15.400and there are solutions and i personally truly believe in this is only my own my own personal
01:28:21.620position is that every penny that i can to get invest into silver is definitely going to make
01:28:27.960the future easier and i just encourage everybody to consider that for themselves and their families
01:28:35.060and to do uh you know stock up on food as well so steve thank you so much for coming and spending
01:28:42.540the time with us all of the information to constant tech steve will be in the description
01:28:47.340of this video when we launch it tomorrow so i'm going to encourage you to even just give steve
01:28:54.320a phone call and just ask them some questions if we weren't able to answer those tonight so steve
01:28:59.560thank uh thank you so much and god bless you and all the work that you're doing and and being so
01:29:03.580generous and kind to canadians okay same to you dania all right happy to do it thanks thanks very
01:29:10.280much okay thanks so much all right all right okay well thank you everyone uh next week uh i'm really
01:29:16.960excited about the guest that's coming on we've been talking a lot over the last uh well years
01:29:22.800about the coronation oath and that this can save Canada if we'll only make sure that our
01:29:28.860leaders are going to comply with it. And we've got to hold them up. You know that we've been
01:29:35.540doing since December, we came out against Bill C-9, against the governor general advising her
01:29:42.800what her limits and her duties were under her oath to the king. And a lot of people were kind
01:29:48.060of papooing it, oh, the coronation oath is just ceremonial. And we're saying, no, no, it's not.
01:29:53.480It's a binding agreement to govern the commonwealth according to Judeo-Christian biblical principles.
01:30:01.560And wouldn't you know, a couple of months ago, that Bishop Dewar ended up making this incredible
01:30:09.160announcement that the king was in violation of what? The coronation oath. And saying that it's
01:30:14.960binding agreement and not just ceremonial. And in fact, he wrote a letter to the king and it was
01:30:20.840brilliant. In the call to action, the weekly email that I send out this Sunday night, I include that
01:30:29.340video of the bishop reading that letter. And like I say, it was brilliant. You're not going to want
01:30:35.580to miss this. And so I think that Britain is across the pond, but we are very closely united
01:30:43.980under this oath. And we're going to have a serious conversation about why this oath needs to be
01:30:51.860respected in Canada and what the battle is truly about against these globalists. Yes, it's a battle
01:30:59.300against good and evil, but it's against the globalists, the communists, the Islamists,0.78
01:31:05.160whatever group you want to call it. This is a battle for Christianity. And the Commonwealth0.66
01:31:11.840is founded on biblical Christian principles, and I'm asking people to pick a side. Would you rather
01:31:19.780live under tyranny or under freedom? And Christian nations have historically been the only nations to1.00
01:31:27.720offer freedom and democracy. So, you know, it's a no-brainer to me. I've already chosen my side,
01:31:34.720So get off the fence and join us. All right. So the Bible verse for today as well, I think it just
01:31:42.960suits very well to the conversation tonight. And it's from Proverbs 27, 12. It says the prudency
01:31:49.840danger and take refuge. So just think about the prudency danger and take refuge, but the simple
01:31:56.660keep going and pay the penalty. And so you got to think of the magnitude of that, right? Like we're
01:32:02.060telling you, there's the danger, there's the possibility that the banks are not going to be
01:32:07.180serving you well in the future, that the Canadian dollar may not hold up under the pressure. And so
01:32:12.320that's exactly why we host the programs like this, not to create fear, but to equip Canadians with
01:32:19.240the knowledge that they need so they can make wise, informed decisions for themselves and their
01:32:24.400families. And so I'm just praying, like, may God grant each of us the wisdom, discernment, and
01:32:30.000courage in the days ahead. And so as always, I love to end the show and I mean it from the
01:32:35.380bottom of my heart. God bless you and God bless Canada.
01:33:00.000I'm going to thank our founding fathers for giving their lives and sacrificing so much