Rebel News Podcast - February 28, 2026


$7,000 gold? $300 silver? ‘Crazy’ forecasts are suddenly making sense | SPONSOR


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Length

30 minutes

Words per minute

167.0026

Word count

5,137

Sentence count

277

Harmful content

Misogyny

1

sentences flagged

Hate speech

2

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Jeremy Wiseman and Jerry Correa discuss the current state of the precious metals market and why the price of silver is still undervalued compared to gold and other precious metals. They also discuss the impact of the "end of monetization" in the world and its effect on the market.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Welcome to The Real Money Show. My name is Jeremy Wiseman. I'm joined here by Jerry
00:00:12.600 Correa, who's just finishing off some text messages. Jerry, we've got so much to cover.
00:00:18.240 I think it took longer to figure out how we're going to figure out what we're going to talk
00:00:22.480 about today because there's too much to cover. But I wanted to start with where we are in the
00:00:27.640 silver market right now because speaking to a lot of people who are thinking about getting involved
00:00:33.620 in the market and what they've seen over the last year as you know we're recording today on
00:00:39.420 Thursday February 26 but in the last year silver's up 176 year over year percent gold's up 80 percent
00:00:47.900 year over year and what a lot of people look at is they say oh it's gone up a lot time to take
00:00:54.980 profit. Whatever it is, why should I get in? It's gone up a lot. Just the observation that it's gone
00:01:01.720 up a lot. And I find myself having a lot of conversations with people discussing that
00:01:07.280 in the context of the last 50 years where silver was managed, and we're going to get into the end
00:01:13.600 of monetization in the world and its effect on the precious metals market, especially when it
00:01:21.200 comes to the demand from the US side especially. But it's been, as Michael Oliver, an analyst that
00:01:28.940 we follow a lot, that it's been in a box for 50 years. And so it's out of the box, but we haven't
00:01:35.640 hit price discovery mode yet. Meaning no one understands what the price of the metal is or
00:01:42.460 what it should be. And just before we went on air, we were talking about they're trying to measure it
00:01:48.980 in fiat currency when it's actually gold and silver are the measuring sticks.
00:01:53.980 Wrong measuring sticks.
00:01:54.980 So we're not even at the paradigm shift yet of understanding the value of anything.
00:01:59.360 Of course not.
00:02:00.360 Even if you were to talk to a lot of Canadians, what's the value of the Canadian dollar?
00:02:03.540 I don't know.
00:02:04.540 135 against the US?
00:02:06.940 What's that worth?
00:02:07.940 I don't know.
00:02:08.940 It's two ships in the night tied to each other.
00:02:11.360 We have no idea where we are.
00:02:12.640 We're just connected somehow.
00:02:14.440 Yeah.
00:02:15.440 And the barometer is broken.
00:02:16.440 The compass is broken.
00:02:17.440 Inflation data that we get here in Canada, the CPI reads two and a half.
00:02:20.920 The US read two and a half.
00:02:22.640 But if we go back to using real world math of calculating CPI from the 1970s, according
00:02:30.320 to the Bank of Canada Museum, their average rate of inflation was 8% in the 70s.
00:02:35.420 Imagine that, 8%.
00:02:36.600 And then they magically, or I should say they did some alchemy.
00:02:40.200 They took some, substitute some products out of the CPI baskets to artificially get that
00:02:45.700 number down to 2%.
00:02:46.840 But where did that artificiality come from? From financialization, which is ending.
00:02:54.360 That is ending.
00:02:55.140 So again, you're back to, well, what is the real price of things? And so you have to look at the
00:03:02.040 fundamentals and you understand that you don't have a specific price yet. You have gauges of
00:03:09.080 where we think we're going and there's new information that we didn't have several years
00:03:13.060 ago in the market as well. But if you think about silver, for instance, sixth year of deficit,
00:03:20.020 the demand coming out of industry, the end of financialization and the deleveraging of the
00:03:25.380 market, this is basically themes we're going to talk about today. You start to realize, oh,
00:03:29.620 we have a long way to go before people even start to understand what is the true value of silver.
00:03:36.040 There was a post on X a few weeks ago talking about throughout the history of time, a well-bred cow cost five ounces of silver.
00:03:48.280 Today, it costs 70 or 80, right?
00:03:51.320 Again, the measuring sticks.
00:03:53.380 So I think over time, people are going to realize that it actually is still very much undervalued here, which I think is a good segue to move into forecasts.
00:04:03.940 And then we'll talk about the background and the happenings in the market that show why these forecasts are bang on.
00:04:12.340 Right. I think it's very important to get another compass to understand where we are in this market.
00:04:18.020 Of course, we're going to ask ourselves, Jerry, I haven't bought precious metals yet, but I'm interested.
00:04:23.620 What's all the hoopla about? Should I be getting into this market? Absolutely.
00:04:27.520 It's about converting out of your fiat currencies, valuing your wealth in ounces, which is what the smart money is doing.
00:04:33.560 not just central banks, which need the liquidity and independence, creating a moat around their
00:04:40.940 wealth, away from, decoupling from currencies, decoupling from digital banking systems that can
00:04:46.860 be frozen or hacked. But we have to follow the trends. We follow the trends with smart money.
00:04:52.380 We look at the information from Michael Oliver using his momentum structural analysis. So we
00:04:58.360 follow him, forecast anywhere from within the next 12 months. We're going to go through some
00:05:02.780 for some majority right now, gold forecast, Jeremy.
00:05:07.540 And then we can do the math.
00:05:08.720 I'll have my calculator ready.
00:05:11.000 Okay.
00:05:11.640 But Michael Oliver sees $200 to $600 within silver price
00:05:15.780 within the next 12 months.
00:05:17.540 Then we have Goldman Sachs pricing in $7,000 US per ounce
00:05:22.840 for gold by the end of the year.
00:05:25.100 HSBC, $7,000.
00:05:27.200 Moving on up to Bank of America, $7,000.
00:05:30.240 higher for John Ng and Correlation Economics $8,000. We have Wisdom Tree pricing gold at
00:05:38.640 $9,000 US per ounce. We have World Bank at $9,500 US by the year end. And then we have ING
00:05:46.460 $10,000 US and ABM Amro at $10,000 US dollars. And what is, you know, these are just forecasts
00:05:54.480 highlighting the remonetization of precious metals they even cite de-dollarization and
00:06:02.260 the trend of moving into physical things you know building out the physical space
00:06:09.060 and the the convergence of gold which is which was once just monetary converging into tech space
00:06:17.480 and then vice versa you have silver that's been notoriously known for just industry electronics
00:06:24.160 solar data center ai build out huge news this week by the way but silver is also getting back
00:06:30.480 into you know the banking industry re-monetization of gold and silver heading back into the banking
00:06:37.040 system going into technical you know technical markets so these are the new fundamentals that
00:06:42.440 i play the old fundament fundamentals remain nothing has changed as far as the fundamentals
00:06:48.640 the price paper price may whipsaw but the fundamentals have not changed in fact we have
00:06:53.600 four new fundamentals at place. So we're well supported. So, okay, before we move on to the
00:06:59.020 fundamentals, you said $7,000 gold by the end of the year. If we were to go from, right now,
00:07:06.700 I think we got back to a 60 to 1 ratio, silver to gold. If we were to come down to 40 to 1,
00:07:11.400 which as the markets rise, that ratio shrinks, at 40 to 1, that would bring silver to 175.
00:07:17.360 at 30 to 1. So again, gold at 7,000 by year end at 30 to 1. That puts gold, silver in the $233
00:07:26.440 range. You mentioned a couple of forecasts there at 10,000. 40 to 1 ratio would put us at 250.
00:07:36.620 That's, by the way, it's pretty easy math, divided by four. And then 30 to 1 would put us at $330
00:07:44.420 an ounce. So some of these crazy forecasts on silver actually don't start to, they seem not
00:07:51.320 so crazy once you put it into that perspective and how quickly it could rise. It's funny, I was
00:07:56.800 talking with some clients this week who their accounts have gone up for 300%, 400%. And they've
00:08:07.960 moved from i was just looking at one today a client you know 250 000 the accounts were 700
00:08:15.640 650 now and a 35 a 35 increase will double his money again i mean 250 right um and so you just
00:08:25.480 see how the bigger it gets the easier it gets right and this goes to what jim rickards was
00:08:30.920 talking about in terms of how gold could get to 10 000 that each thousand dollar move up from here
00:08:37.400 becomes a smaller move. Yeah. So if you're buying it now, you're getting the advantage of that by
00:08:42.460 buying in early. Yes, absolutely. We're going to be looking, folks, we're going to be looking back
00:08:47.220 a year from now, looking at all of these forecasts. These are just cycles that we're talking about,
00:08:53.320 technical cycles, momentum cycles. And I'm going to share, I shared an image earlier. This is the
00:09:00.140 the three cycles of gold and silver, we are technically in the third cycle of gold. The
00:09:07.120 first cycle began from 1970 to 1980, 10 years, and then 2000 to 2010, another 10 years. And then
00:09:13.760 the third cycle began in 2016, when gold hit a low of 1,050. So it's a 10-year cycle. So somewhere
00:09:22.480 around 2026, oh, that's this year, we should see something like the first two cycles. Now,
00:09:28.520 what did the first two cycles do for gold? From low to high in that 10-year cycle, 1,470% from low
00:09:35.560 to high and 2,200% for silver. That would put gold at the end of this year, according to Jim
00:09:40.460 Rickard's cycle, the third cycles, 14,700 US per ounce. We will be looking back a year from now
00:09:46.560 and you are going to be so thrilled and excited that you followed your gut, you listened to us,
00:09:54.580 you followed the smart money, and you were critically thinking about what's going on in
00:09:59.860 this world, filtering through all the noise and disinformation. But this is real money and real
00:10:05.120 money moving back into real things becoming relevant once again. And honestly, the future
00:10:11.940 is precious and it revolves around and involves precious metals. And at Guildhall, we only deal
00:10:16.520 in physical metal. So you can give us a call and we'll show you how to get involved in the physical
00:10:22.060 metal market whether you're buying it direct using our e-store doing it over the phone and then as
00:10:29.420 well we also offer physical gold and silver in registered accounts where it's fully allocated
00:10:34.300 segregated and what that means is that you're going to end up with physical gold and silver
00:10:40.380 held in a brinks facility in your own sub account with the listing of your serial numbers
00:10:45.740 held outside the banking system but as part of your retirement fund and uh obviously you know
00:10:52.700 when you're thinking about registered accounts jerry as well the game of rsps deferring the your
00:11:00.540 income so you're not paying those taxes today you'll pay them later keep your money make it
00:11:06.940 stay and play with you and then gold and silver over the last 20 years actually gold yesterday
00:11:14.780 I looked at it. In the last 20 years, it was up 999.9%. Imagine having something like that in an
00:11:23.920 RSP portfolio that is hedging the devaluation of the currency. And when you see the way a government
00:11:31.880 just spends money, sends $2 billion overseas, that's your money, right? When they're paying
00:11:39.240 for others to stay it's all your money right these aren't government funded it's your funded
00:11:44.180 you have funded it and so how do you protect against that and so i i believe strongly in the
00:11:50.000 rsp especially because we've seen how well it's worked for clients and you know some people
00:11:55.880 complain oh you know pay the taxes at the end yeah well i'd rather pay taxes we all have having
00:12:02.100 made the money right you know it's a lot easier to pay the taxes if you're up 800 000 500 percent
00:12:08.680 than if you didn't do anything at all.
00:12:11.320 And I think most people, if they look at,
00:12:13.260 well, what did you do?
00:12:14.340 Did you save money?
00:12:15.420 Did you put it away instead of...
00:12:17.120 You can't.
00:12:18.660 You're saving with after-tax dollars
00:12:20.620 as opposed to saving with your own,
00:12:22.720 with your tax dollars.
00:12:24.640 And in fiat currency,
00:12:25.720 something denominated in a fiat currency
00:12:27.120 that's dropping at least 13% every single year.
00:12:30.320 So we're in a war.
00:12:31.100 You have to protect yourself,
00:12:32.200 especially with this government
00:12:33.380 that we're seeing job losses, job losses today,
00:12:36.780 importing oil, things that just don't make sense. We have another $2 billion going to Ukraine.
00:12:44.700 You know, the manufacturing base here in Canada is leaving. It's dropped 3%.
00:12:49.580 We're on the outside looking into the US where deals are being made, things are happening,
00:12:55.080 movers and shakers. You know, this is just a phenomenal time to keep an eye on the precious
00:13:00.320 metal sector because this is the relevant part that's driving the world market.
00:13:04.180 So let's talk about that. We've talked about some forecasts, why we think the RSPs are great. Lastly, one little thing before we get on to the world thing, because you did a good segue there on where we're headed with this, is why physical over paper?
00:13:20.060 and you know oftentimes we've talked about the idea of um no counterparty risk right they can't
00:13:31.260 they can't be taken from you when the chips are down you take delivery of it right uh these sorts
00:13:37.080 of things but i actually think i've been thinking about this recently i think more importantly what
00:13:41.260 it prevents is that because there's a barrier to entry because you actually have to pay to buy the
00:13:47.080 real thing, it makes you a long-term holder. It's like a property, right? You don't day trade your
00:13:53.000 house. So with precious metals, if you buy paper investments, that's an investment in the paper,
00:14:01.420 exposure to the market as opposed to ownership, it's a lot easier to fall prey to the fear trade.
00:14:08.160 Of course. Right? The greed trade and the fear trade. But if you own it outright,
00:14:13.420 you ride through it because the cost to sell, the cost to buy it back, you just go,
00:14:19.640 no, the reason I bought it is clear for the long term. I'm a long-term holder. You can have your
00:14:26.060 emotions with the ups and downs of the market, but you ride through them. So when you see people
00:14:31.980 have held for a long time, you just see the big results as opposed to trying to swing in and out
00:14:37.020 of the market. Would you agree? Absolutely. It's about understanding and knowing your why of why
00:14:42.260 physical precious metals you want to decouple your wealth from all the financial madness that
00:14:46.640 is going on the currency devaluation position yourself with what's coming the growth the
00:14:51.840 supply and demand uh factors that are just shining for silver especially silver today
00:14:58.160 silver is scarce gold is not as scarce as as as silver but these are monetary metals we have had
00:15:05.880 a monetary problem a currency issue for decades this is why precious metals the the word precious
00:15:11.800 connotates that they are monetary metals so you want to have something relevant for your portfolio
00:15:16.980 yeah it's not really precious if you know you got parking tickets that are more than the cost of
00:15:22.240 silver right now right exactly so exactly but you got to have skin in the game you know um you know
00:15:28.540 you you bought something it costs a little bit more to buy the physical the fabrication and the
00:15:33.920 supply and demand factors and then you even had to lug that those silver bars into your car you
00:15:39.000 put some labor, blood, sweat, and tears into bringing that into your house and dug a hole
00:15:43.900 to put that in the ground. It's on a day trade, and that's the problem with the paper. The paper
00:15:49.160 is just a derivative, and that is the problem with all of the frothy markets, the excesses.
00:15:55.340 This is the financialization that has ballooned, and that's being called for a reset and backing
00:16:02.220 up the system to prepare for that reset and going back to an equilibrium and to a ratio.
00:16:07.620 Okay, so let's talk about examples of resets.
00:16:12.160 Okay.
00:16:13.340 I didn't even know about it.
00:16:15.360 I didn't know about it.
00:16:16.720 You just mentioned it to me before we jumped on air,
00:16:19.820 and you said the mainstream hasn't talked about it.
00:16:23.360 What is this U.S.-India summit?
00:16:26.340 Okay.
00:16:27.000 I'm going to do a lot of reading because Vince Lancey broke the news.
00:16:29.700 It was not in the media over the last few days,
00:16:32.600 but this past week there was the U.S.-India summit,
00:16:36.500 and it was all about AI and building that out. It was a shift. It signaled a shift away from
00:16:43.240 the way that the US has competed over the last few decades since the Cold War. It was all about
00:16:51.260 maintaining the world's reserve currency. Currency devaluations, manipulation with the euro dollar.
00:16:57.700 Does that have to do with the strong dollar policy?
00:16:59.520 Yes.
00:17:00.000 Do you know who the architect of the strong dollar policy was?
00:17:02.680 Is that Larry Summers?
00:17:03.820 Larry Summers, the man who just had to step down from Harvard.
00:17:08.020 Yes, he was on the list.
00:17:09.960 Interesting times.
00:17:11.320 But yeah, the method of control and hegemony was we got to maintain the US dollar.
00:17:17.000 We have to maintain the Kissinger, the petrodollar.
00:17:20.260 But this is a shift.
00:17:22.280 We're seeing that policy is losing control now as we see China, the de-dollarization,
00:17:29.060 the BRICS moving away from the US dollar dominance.
00:17:31.440 They're not trusting it as much, but they're financing ports, their power grids, telecoms,
00:17:36.440 and they're now building out AI.
00:17:38.280 This is India.
00:17:39.140 This is China. 0.86
00:17:40.120 Oh, China.
00:17:40.760 This is a big threat against the US dollar. 0.61
00:17:43.500 Got it.
00:17:43.840 In response now, the US dollar, the US is now building the AI, the Project Vault,
00:17:51.160 calling silver a critical mineral.
00:17:53.660 The US has been activated.
00:17:55.160 the funding massive ai compute supporting minerals and sovereign data infrastructure
00:18:01.620 to influence the new supply chain rails which the 21st century trade the future of payments
00:18:08.440 and innovation will run canada unfortunately as we know is left out the u.s's effort to preserve
00:18:14.620 the dollar alignment through deployment and partnership as globalization guys gives way
00:18:20.760 The globalization efforts is failing, and to me it has failed already, to a more regionally negotiated economic order, not Carney's dream of a new world order.
00:18:33.320 Sorry about that.
00:18:34.340 This is about saving the dollar.
00:18:35.840 How?
00:18:36.720 The U.S. in this summit is pairing money with real infrastructure.
00:18:40.900 The goal, control payment, compute, and supply chain rails.
00:18:44.680 It's a strategy shift. Reinforce dollars and the relevancy through deployment, not just financial integration or manipulation like the yen carry trade. Financing the world's bubbles by keeping your interest rates low. That's done. The message the US dollar is no longer assuming countries will stay in dollar aligned automatically. It's building the alignment.
00:19:08.520 So we're moving from monetary gravity to physical presence through China's belt and
00:19:15.060 row approach.
00:19:15.900 It's bundling financing with turnkey physical deployment.
00:19:19.260 We're moving from financials, Jeremy, in summary, over to physical build-outs, re-industrialization.
00:19:26.100 And you need the physical silver.
00:19:27.780 You need the relevancy of all that.
00:19:29.660 And this is where, according to Vince Lancey, this is coming from Goldfix, where money becomes
00:19:34.200 infrastructure.
00:19:35.100 This is key.
00:19:35.600 What has also changed is the character of money itself. Monetary systems are becoming more infrastructural and programmable and less on legacy dollar pipes.
00:19:45.840 between blockchain pilots, regional payment systems, tokenized deposits,
00:19:52.020 Enbridge, BRICS, successor with commodity-linked settlement,
00:19:56.680 and bilateral trade clearing, including India settling portions of energy trade
00:20:01.360 outside the SWIFT system banks, emerging markets now possessed options
00:20:06.900 that were less viable in prior decades.
00:20:09.960 They're now included, Jeremy.
00:20:11.500 This development weakens the earlier posture in which financial integration alone provided alignment.
00:20:19.380 So this is a move away from the financials that Britain, the British imperial banking system had.
00:20:24.320 They created financials.
00:20:25.900 And J.P. Morgan's talking about this now, giving forecasts of $8,000 to $9,300.
00:20:30.320 If the U.S. were to peg gold to its U.S. dollars, gold will need to be $9,300.
00:20:36.000 The very bank whose J.P. Morgan himself said gold is money and everything else is credit.
00:20:43.800 That's correct.
00:20:44.580 Everything else is a derivative.
00:20:46.260 Everything else is just a promise to pay.
00:20:48.620 Gold is money and collateral, and it's moving things forward.
00:20:52.040 I think it's interesting.
00:20:53.260 So it sounds like these are things that came out as part of US policy at this summit.
00:20:59.280 But it's interesting.
00:21:00.060 I saw on X a couple of days ago through Reuters that India is no longer going to use the LBMA
00:21:06.620 as a source for pricing their silver. So they don't trust that system. I think in this context,
00:21:14.980 that seems like a pretty good signal. Yeah, it's right here. So India markets regulator changes
00:21:19.700 gold silver valuation for mutual funds. So it wants a better price. It wants a credible pricing.
00:21:25.540 They have the silver. They have the gold. London doesn't have it. So they're shifting.
00:21:30.560 Well, let's talk about that. Yeah, let's talk about that. You just mentioned London. So
00:21:33.740 about this time last year, we were under the narrative of the tariffs, because I think that's
00:21:39.560 apropos this week. And the idea was, well, because of these tariffs, there's all this draw of the
00:21:47.360 physical product from the LBMA to the US, which it hasn't gone back. In fact, the physical demand
00:21:54.020 of silver off the exchanges has just been consistent and beyond comprehension. Even this
00:22:01.520 month alone, billions of dollars has been taken off of the exchanges of physical. And we don't
00:22:07.900 know who's doing it. And we don't know where they're putting it. I can put my conspiracy hat
00:22:12.640 on and say, well, if the US has put it on the critical mineral list, and they've signaled that
00:22:18.020 they want to stockpile and they brought all this product in from from europe from the lbma and now
00:22:24.260 it's being pulled off the exchanges i'm thinking west point because that's where the the metal
00:22:31.220 silver was originally held for the manhattan project wow so that's that's my that's a shiny
00:22:37.080 i'm throwing it out there we'll see we'll see what it says but then there's also there's also
00:22:41.100 jane street has entered the picture do you want to talk to us quickly about jane street well they
00:22:45.420 just became uh who's who is jane street uh they're a quantitative uh financial tech firm and they just
00:22:52.680 bought uh yesterday uh an immense amount the most amount of slv shares just in time over three
00:22:58.940 percent just in time for a major delivery so it kicked the can down the road um for these the cme
00:23:05.740 what happened yesterday um so they don't have to deliver it's all about deliveries and this
00:23:11.360 just before yesterday's news on jane street uh this happened so you had the cme group which is
00:23:17.920 the the commodities metals exchange or chicago mercantile exchange halting for the second time
00:23:23.200 within two months this is a joke this is no glitch but this is what we call an empire of glitches
00:23:30.140 um you know this is just turn off the turn off the switch we can't deliver it's because they had
00:23:36.000 more deliveries than they had metal so they had to shut it down and do a bunch of backdoor deals
00:23:42.080 and figure out how am i going to push this guy out how am i going to cancel this one how am i
00:23:46.480 going to cash out this one on the side and the last time it happened the last time the comics
00:23:51.360 metal went down silver went on a multi-month rumble it just happened again guys technical
00:23:56.400 technical glitches cooling issues whatever the case may who knows what their stated reasons are
00:24:01.280 but metals is offline was offline it's back online they did some shenanigans but this is
00:24:07.200 a desperate move for those who are losing control and you get control he who has the gold or silver
00:24:13.680 makes the rules and if you have the physical you need not worry anytime you see price dips happen
00:24:20.880 over the last three two other super cycles and silver please remember don't be alarmed when you
00:24:26.480 you see a pullback, it did have two or three 30% pullbacks to ultimately excel to 2,200% for silver
00:24:34.420 and 1,400% for gold. Who do you think Jane Street is buying for? Is it for themselves or do you 0.62
00:24:39.860 think they're buying for someone else? Well, they have been in news before. I think Trump media
00:24:43.880 called them out before for manipulating the markets. I think one in the same, we could be
00:24:50.940 seeing kayfabe once again. It looks like they're opposition, but they're moving in the same
00:24:55.680 direction of moving away from uh you know moving away from the paper shenanigans and price slammings
00:25:03.040 and manipulations exposing it and then fixing it so we're going to watch this trend as it plays
00:25:09.240 it's moving really quickly all these forecasts are happening within the year this is not a long-term
00:25:14.720 thing this is a once-in-a-lifetime opportunity that's within 12 months guys so we want you to
00:25:21.020 You know, really look and perceive what's going on and give us a call and find out how you can roll out that RSP.
00:25:29.400 We can work for you to move the funds laterally over from one institution over to the institution that we work with.
00:25:35.460 We were the pioneers to put the physical precious metals within RSPs so you don't have to pay the tax.
00:25:41.860 But no, you don't want to hold the gold and silver in a bank.
00:25:45.280 It just defeats the whole purpose.
00:25:47.200 You want to hold it outside of the banking system, which is what we do.
00:25:49.740 we handle everything for you providing the bar numbers and this is all about segregated
00:25:54.060 allocated title ownership if you can't hold it you do not own it and that's what we provide
00:25:59.480 jeremy was a was the architect behind this so he's the man to thank but uh you want to deal
00:26:05.340 with guild hall we've been doing this for over 20 years now yeah it's just it's just getting started
00:26:09.500 yeah and i i disagree i don't think it's just a 12 month thing okay because i think holding the
00:26:15.160 metals is a long-term thing. But I think in terms of having to prune the portfolio and make changes
00:26:24.260 and pivot later on, I think it's important to have the physical. I look at gold and silver
00:26:29.700 as the base of a portfolio. A lot of people wait until there's trouble, and then they decide to
00:26:37.360 get insurance. But you can't buy insurance after the fire. You have to get it before. You've got
00:26:43.140 to be prepared. Whether you're blue sky or gray sky, I think they're both leading in the same
00:26:48.920 direction. I know Ray Dalio is kind of a gray sky or the world order is breaking up and there's
00:26:53.600 going to be lots of upheaval and you should own gold in your portfolio. He's talking at least
00:26:58.060 10 to 15%. So I think that, and then we're talking blue sky because we're looking at silver and
00:27:05.040 we're saying all the industry that's going to be built. And we're looking at gold saying it's
00:27:09.520 to be revalued. There's no ifs, ands, or buts. There's a reset that's going to happen. And you
00:27:15.200 might get to a stage where gold goes up, silver goes up, and they plateau. It's not the same
00:27:20.880 paradigm of a market that's been controlled, where it goes up and falls back down. That pullback
00:27:27.520 in this case, when we were talking about the re-monetization of gold and silver back to the
00:27:32.400 the monetary system it's the back debts whether it's the m1 or m2 money supply if it's including
00:27:39.280 if you're also including debt jp morgan's call just backed the u.s currency in circulation at
00:27:45.420 ninety three hundred ninety three hundred dollar gold price that is the currency so if you peg it
00:27:51.760 at a certain percentage and just remember back in uh during the the back by world war was it uh
00:27:58.720 world war ii 20 of the debt had to be had to be gold if we do the math today that would put gold
00:28:06.560 at around 47 000 per ounce so it depends on what the u.s or what the world wants to peg to
00:28:12.880 and you can't just raise it to that peg and then take it back and there could be deflation
00:28:18.560 i think you will see deflation any any type of market or asset class that has been ballooned
00:28:23.200 because of the excess and the froth and the yen carry trade and just easy money excesses has to
00:28:29.220 go back to the means. And we know one thing is for sure. Gold and silver are not in a bubble
00:28:34.700 territory. You cannot bubble up gold and silver. You can bubble the derivatives market, which is
00:28:38.360 about to blow up. How can you say it's in a bubble if the physical metal is still very difficult to
00:28:43.900 get, right? If you're in a six-year deficit in the market, it's hard to say it's in a bubble
00:28:49.980 and you haven't even seen the industry really start to take off and have the visible evidence
00:28:56.980 of it yet in the States. Although I truly believe that that's coming. I've seen what they've been
00:29:03.740 doing in the factories that they've been building. And just knowing things like, you know, all the
00:29:08.220 copper wires are often silver plated before they go into the tubes and into the rubber and
00:29:13.640 everything like that. So I think the demand on it is just going to be extreme for silver. It's
00:29:19.560 not going to let up. This is just the beginning. It just got out of the box and it's going to start
00:29:25.920 running before anyone starts to understand what the actual value of the metal is. Absolutely.
00:29:31.000 Remember, it's all about setting up, building that foundation. As Jeremy mentioned,
00:29:35.720 that extras pyramid is an inverted pyramid. Gold and silver are your power money. Gold and silver
00:29:40.700 will insulate you from the mechanical failures of the market, the paper risks of every single
00:29:45.620 market, the excesses, the currency devaluation and risk, and any drops that you see in the market.
00:29:50.740 It's outside of that, but you're also positioning for what's to come. The growth, the build out,
00:29:57.280 the wealth that will be built off of this. The future is precious and the future revolves and
00:30:03.520 involves physical precious metals. And we'll love to have you on board to give us a call.
00:30:07.840 And that does it for another episode of The Real Money Show. We thank you so much for joining us
00:30:12.160 and we can't wait to speak to you soon here on The Real Money Show.
00:30:15.620 Transcription by CastingWords