00:06:36.480But I said, I'm actually like, I'm not some crazed leftist or crazed right wing, whatever.
00:06:42.480I said, I'm actually like a liberal from 1995, which was just kind of like extremist for today, which is now a right wing, crazy, whatever it is. But look, the thing is, is that they they backed off on retaliatory tariffs. They haven't made a deal. And whether or not they're they're either not good at negotiating or at or the worst case, they're trying to engineer another crisis.
00:07:12.480that they can blame so that they can lead towards another vote and say it's all his fault it's all
00:07:18.440it's all trump's fault that we couldn't get a deal done right like are they trying to engineer
00:07:22.680another crisis but either way the fact is is that they're not trying to make deals and it's only
00:07:29.000getting worse for for canadians they've either made it worse by shooting us in the shooting us
00:07:34.400in the foot with retaliatory tariffs or they're subsidizing using our money to subsidize and
00:07:40.540And what's happening? Well, these companies are either folding or they're going to the U.S. anyway.
00:07:45.880And so you're stuck with policies that you can't affect.
00:07:51.240This is why you need to hold physical gold and silver.
00:08:02.380And ultimately, these are bad policies that lead to, lo and behold, the dollars tanking in Canada. And what's the number one thing that gold and silver do is hedge against a devaluing currency. So as a Canadian, I think it's just very important to hold actual real money, physical gold and silver to hedge against bad policy.
00:08:27.820And the fact that you can't affect those policies either.
00:08:31.520It's an absolute insanity. When we are the only G7 nation now in a recession, the only G7 nation who has not been able to come to the table to discuss these tariffs, retaliatory tariffs, because all of the roads lead to the discussion of fentanyl, unfortunately, here in Canada, and why this has not been dealt with from the grassroots all the way to the top.
00:08:58.640The money is being followed and tracked. But people are looking for an escape hatch because they cannot change the policies. They can't do anything to change the income tax or the corporate taxes here in Canada. So they're leaving, unfortunately.
00:09:17.180the industrious and over the last three years our industrious clients our entrepreneurs have
00:09:22.760decided to leave rightfully so you have that right to do so but as investors if we if our
00:09:28.200fight is here in canada which we are my you know and we're going to be here we are in canada but
00:09:34.220the main idea would be to follow what countries have done with their money over the last few
00:09:39.700years it was years of sanctions why have we seen central banks replacing u.s treasuries
00:09:44.960This comes from a report from the European Central Bank last week that gold, physical gold ownership has replaced U.S. Treasuries as the number one reserve asset, amounting to up to 36,000 tons, which is the amount that was in the reserves under Bretton Woods.
00:10:04.260We're all leading there. But this is the main idea. When you have countries experiencing sanctions, we have we have been had accounts frozen. Money is just digital. The reason why countries need these reserves is because it provides that hedge, that escape hatch, escape out of fiat currencies, out of digital banking systems.
00:11:10.400Here's one example of a story I wanted to discuss, which is U.S. energy.
00:11:15.380one of they right now have a hundred gigawatts of power through nuclear and they want to bring
00:11:22.760it up to 400 gigawatts of nuclear so if you're going to run your ai data centers and anything
00:11:28.660else that comes beyond that as you know we're they're just getting started maybe in terms of
00:11:33.120manufacturing another manhattan project maybe i don't i hope not um but they want to they want
00:11:40.380to increase that. Of course, if you're going to build a major nuclear facility, there's 56,000
00:11:47.340ounces of silver that's going to be used in that, which is close to two tons that gets locked up
00:11:53.060in that facility forever, right? Maybe not completely forever, but for a very, very long
00:11:58.920time. And while that doesn't necessarily compete with the type of industry use that might be going
00:12:06.300into electric cars or the electric batteries themselves it's just one example of a growth
00:12:14.060industry for silver and that's just in the united states what if germany decides that they want to
00:12:21.020go back to nuclear right what if what if the iran situation is resolved iran is in control
00:12:30.460by its people and they decide that they want nuclear facilities for energy and they say
00:12:36.820america we're happy to open our borders you help build it i'm sure america would love that
00:12:42.480and but how many ounces of silver would be used around the world to create nuclear energy
00:12:47.660safe nuclear energy and there's micro there's i don't are they called micro sites smaller sites
00:12:53.380right right so this is just one example of where silver is going to be used it's going to be locked
00:12:57.980up for a very long time and it's another one of those growth industries absolutely absolutely
00:13:04.140it's a lot of things going on surrounding energy and a decoupling away from just oil and the petrodollar
00:13:11.120it's linked when you have the collateral of petro being removed or the dependency on just
00:13:18.520petro if you can create other forms and use actually use proven forms of energy and diversify
00:13:26.420away from just oil you reduce your dependency you naturally reduce inflation on oil the central
00:13:32.920bank will be freed from fighting inflation and they can go ahead and get back to what they do
00:13:37.780best and kick the can down or in print which is what they have to do but remember the deal that
00:13:42.500was done last year in december with japan when they signed the 500 billion dollar nuclear deal
00:13:48.780with the u.s they were investing in nuclear so the trends are already moving very fast very rapidly
00:13:55.740and it does have to do with energy and national security at national security because if you're
00:14:03.000going to build these things where are you going to get the silver from where are you going to get
00:14:06.400that's where they put silver on the critical mineral list now you've got a now you have to
00:14:11.820secure a line of of product coming into the country but you also have to secure the refining
00:14:20.080capacity which is also quite small in the united states there's backups i mean i've heard that
00:14:25.240people are still waiting for product that they bought in in january which is terrible that is
00:14:30.140not any of our clients by the way uh they did not wait but some competitors they waited
00:14:35.660and but you need that physical product and you need the refining capacity which they're also
00:14:41.540building and i could only imagine how much silver goes into the into building of a refinery itself
00:14:47.520right right and the technology that goes into that goes into that you need silver so silver
00:14:52.160silver to refine silver and then and then as well maybe just maybe that's just the tip of the
00:14:58.360iceberg because they've also put forth the silver act and if the silver act is something that even
00:15:04.340gets close to being put through and i think besant said that they can work towards it even though
00:15:10.900it's not been passed it's just been put forth but what the silver act is about is putting
00:15:17.120exchanges in every time zone across America. And that would also mean having refining capacity
00:15:24.040across all those time zones. So you could start to see this industry could be breaking out in a
00:15:30.620big, big way. So it's not just nuclear, but also all the different industries that it could be
00:15:36.280involved in. And if you're the type of person that, you know, invests in the picks and axes
00:15:42.320and shovels of it all this is a great place to consider having physical silver because you know
00:15:48.840it's going to be used monetary uh industrially not to mention what happens when gold goes to
00:15:53.6808 000 correct how much more appealing silver becomes at 150 200 an ounce because gold's
00:16:00.000trading at 8 000 see when you buy physical you're buying the the sure bet you know it's tough to
00:16:05.580pick the right winner which is the right one gold and silver when you buy physical you're not dealing
00:16:10.820with an etf or one of these etps or futures or options on futures things that we don't do these
00:16:17.880are just financials and this is a movement away from financials which have through the central
00:16:22.800banking system created fractional reserve banking there's always a fraction of your collateral in
00:16:28.220the bank that is left over and they use the entire your entire balance sheet to finance things and
00:16:34.240this is the way the system has been built against us savers so when you're buying the physical you're
00:16:39.980not only diversifying away but you're now making your portfolio if it is for your portfolio
00:16:46.300investing but you're now creating a relevant reserve because gold and silver are going to be
00:16:53.160introduced very quickly and speedily acts these clarity acts genius acts silver act project
00:17:00.620forge being globalized with the bis this is all going to happen very quickly and this is
00:17:07.220the meshing of technology with resources with the treasury all culminating together and this has to
00:17:15.020happen because the again if we go back to monetary policy and to grow these things there's no on
00:17:22.260switch for silver supply there's six years structural deficits out of silver there's not
00:17:28.180enough silver in supply to quell the demand we need more and more silver for ai and chat gpt
00:17:34.080And the forecast is, right now, there's a deficit of about 820 million ounces of silver deficit since 2021. By 2030, it could be $1.5 billion in deficit.
00:17:50.020Is it possible then a lot of these type of engineered pullbacks or, you know, whether it's margin calls or it's engineered, however you want to, you know, it's a guessing game right now why the prices come down.
00:18:03.880Is it that people need liquidity? Is it that there's margin calls? Is it that, you know, they're taking profits and it kind of just becomes a self-fulfilling prophecy on the way down?
00:18:14.440But does it help industry or those that need to supply industry with trying to get people to cough up the metal as well? Is that part of it?
00:18:25.420Well, I don't think many people or entities, because silver is a critical mineral and a national security issue, that they're allowed to sell the physical silver.
00:18:36.820It's a national security mineral that it needs to be accumulated and acquired at any cost at all times, just like lithium.
00:18:43.980Would they do at all costs, meaning let's get it off of retail?
00:18:50.280If you purchase your physical on margin, then you would be open to those margin call risks.
00:18:55.920And this is why the yields are spiking.
00:19:05.320First, but first, let's talk about what we do at Guildhall Wealth, which is we help clients to hold physical metals strategically.
00:19:13.980We definitely believe in crawl, walk, run.
00:19:16.900If you've never acquired physical gold and silver, one of the best ways to do it is to just start small, get that one ounce of gold in your pocket, see what it's like to acquire it for the first time.
00:19:28.100We often find that a big part of the paradigm shift is that clients go from the concept of investing to asset ownership.
00:19:37.080And asset ownership has different types of costs involved.
00:19:39.540When you think about real estate, you think about land transfer, paying the agent, the lawyer fees, and then there's ongoing costs. There's a lot less ongoing costs with precious metals, but it's asset ownership.
00:19:53.540And as well, when you think about investing, there's your, you know, 10, 11 sectors, owning an asset is outside of that, right? You know, even if real estate is one of those sectors, gold is the hedge against it all. It's the insurance policy.
00:20:10.380So at Guildhall, we help people to own it strategically. Maybe you've moved beyond holding some silver maples and some one ounce bars of gold, but you're thinking, okay, so should I have it in my TFSA or my lira account? What's the best way to go about it? And we talk with our clients, we figure out what they're going to need it for, what their timelines are, and help them to guide them to the best strategy of holding precious metals.
00:20:35.780You know, some people will say, hey, I want to do all gold. And we might discuss it and say, yeah, you know, have you considered a little bit? Or sometimes they come in and they say, I want all silver. And you say, listen, it's a million dollars. You might want to have focus on the gold, which is less volatile, as an example, easier to store, those sorts of things. So we really help people strategically in the market. So give us a call and we can have a discussion and see what might be the best route for you.
00:21:03.760let's talk about uh the yields jerry um so this is a story about what can trigger the market
00:21:12.000for gold to go much much higher yeah right now the story is basically the fed is gonna hold rates
00:21:18.260for longer that is the story okay is that is that story well-founded no i mean they will
00:21:26.400we're talking about the federal reserve their two job their two mandates is to keep inflation
00:21:31.360down and employment up and they've done a horrible job of doing this to the point where credit for
00:21:37.440the for the recent jobs report i don't even know maybe i mean it could probably did they do anything
00:21:42.440to create those jobs i would say it's more of the commerce department and department of the treasury
00:21:46.040and lowering taxes ultimately and it's in you know inspiring uh creativity but what we're seeing
00:21:52.000with the bond yields they're seeing that that issue once again it's flaring up the bond yields
00:21:57.440indicate that, number one, there is no liquidity in the market. Number two, it costs to service
00:22:04.780the debt. And we know the US is around $39 trillion, not to mention consumer debt,
00:22:10.240corporate debt. Every entity from the top down feels that stress. So when you see
00:22:15.920the bond yields flashing like they did in 2008, it's a big warning signal. And this indicates
00:22:22.240that the rates are too high why are they high the fed is trapped they're keeping it high to posture
00:22:28.080and to um they're keeping rates high keeping the rates higher for longer to fight this inflation
00:22:34.120that they have they ever won a round in this fight they've always been beat and beat up beat up and
00:22:40.080battered what have they done throughout the decades when it push comes to shove when the fed
00:22:46.160is trapped and they are totally trapped between keep trying to look like they're fighting inflation
00:22:50.580by keeping rates higher but it's hurting everything else we've seen margin calls over the last five
00:22:55.560five you know five months we've even seen gold and silver margin private capital you know private
00:23:01.480capital not being able to take deliveries or withdraw money and redeem your own money out of
00:23:08.000an institution a matter imagine that this is the issue with fractional reserve systems but
00:23:13.020what this means is when the fed has to decide whether it's to fight inflation or to control
00:23:20.800the system and orderly you know orderly uh you know i guess a dismantling of of the problem
00:23:29.640they will cut rates they will say forget inflation we need to cut rates we need to
00:23:34.520stimulus but this is more and more of the same thing kicking the can down the road currency
00:23:39.620debauchery but to offset we're also seeing the offsets defending against what david hunter said
00:23:46.820in order to fund the unfunded liabilities and losses on these banks balance sheets because
00:23:51.720there's a statistic that came out the u.s right now is spending 43 percent of all its personal
00:23:57.260in corporate income taxes everything that it's bringing in 40 of that is going towards paying
00:24:02.400the interest on all of the debt you're not growing so you need interest rates to come down to
00:24:07.560renegotiate all the debts and lower those payments, which would help you down the road.
00:24:16.720Right. Which Canadians won't see. We have the five-year mortgages. The US has the 30 to 50
00:24:21.620year mortgages, but it's all about handling it and sustaining the credibility of the US dollar.
00:24:28.800The US dollar will weaken. People will begin to distrust the dollar more, but there are things
00:24:34.500that are moving in the right direction which keeps us very optimistic when we look about the these
00:24:39.320acts that were passed the clarity act genius act if we look at the european central bank report
00:24:44.320recently the number one buyer of gold on the list outpass surpassing india uh china poland
00:24:54.460the number one entity was tether tether the very crypto company that was that the u.s treasury
00:25:02.040department was very interested in it with the genius act making sure things are one-to-one
00:25:06.920not a fraction we're going back to one-to-one and then this is going towards why we're very excited
00:25:12.760it sounds it sounds to me that that the federal reserve or the u.s with the federal reserve needs
00:25:19.960to take a step back to take a step forward that fighting inflation isn't going to help you if
00:25:27.000Everything is being sacrificed like growth.
00:25:30.520You need to let inflation run a little bit.
00:25:33.640You need to lock in lower rates for these loans, et cetera, the debt.
00:25:39.400And then figure out how you're going to bring back validity or respect back to the dollar because everyone's flooding to gold, which has become a massive reserve asset because people are saying, well, first of all, it's backed by nothing.
00:29:41.220Speaking of getting there, we've arrived at the end.
00:29:44.160If you want to get involved in the physical gold and silver market, please give us a call.
00:29:49.020We'll walk you through how to hold physical gold and silver direct or in a depository account for ease of liquidity or even as part of your registered account where it's fully allocated, segregated.
00:29:59.280You have ease of liquidity and you even have access to go and personally audit your holdings because if you can't hold it, you don't own it.
00:30:08.020And thank you, everyone, for joining us here on The Real Money Show.
00:30:20.020Catch The Real Money Show here on Rebel News, Saturdays at 1 p.m.
00:30:24.140If you've missed an episode, you can also catch The Real Money Show on our YouTube channel at Guildhall Wealth or follow us on Spotify and follow us on Twitter as well.
00:30:33.840The number again, 1-877-8-SILVER, the website guildhallwealth.com.
00:30:38.480Learn how to have physical gold and silver in your portfolio and we look forward to speaking with you soon.