Rebel News Podcast - May 02, 2026


China and the UAE are stockpiling gold. Are you？

Topics
gold reserves trends oil prices and gold correlation physical gold and silver allocation
Guests
Jerry Karaya
Mentioned
Bretton Woods Judy Shelton Guildhall Wealth Henry Kissinger Tiff Macklin John Stipak Guild Hall Hyperscale Bloomberg Maduro Powell Hormuz Gold Paul
EZRA LEVANT ｜ Elon Musk bets a trillion dollars on a Mars colony for 1 million people EZRA LEVANT ｜ Over 300,000 Albertans sign petition calling for an independence referendum

Episode Stats


Length

30 minutes

Words per minute

164.55

Word count

4,946

Sentence count

355

Harmful content

Misogyny

1

sentences flagged

Toxicity

1

sentences flagged

Hate speech

4

sentences flagged


Summary

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

Central banks have been buying gold like crazy! Value your wealth in ounces versus depreciating currencies! Today's Real Money Show is hosted by Jeremy Wiseman and Jerry Karaya. In this episode, we discuss why central banks are piling up their gold reserves and why it could be a precursor to a return of gold to the monetary system.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 If you cannot hold it, you don't own it. Central banks have been buying gold like crazy.
00:00:08.000 Value your wealth in ounces versus depreciating currencies.
00:00:16.400 Welcome to The Real Money Show. My name is Jeremy Wiseman. I'm joined by Jerry Karaya.
00:00:20.240 And it is kind of a quarterly wrap up, but boy oh boy, we've got a lot to get into today.
00:00:26.880 So let's get started right away. Let's do it.
00:00:29.040 should we start with central bank reserves? I think we should go there.
00:00:33.560 Okay. So basically what we're looking at right now, especially from the microcosm of our desks,
00:00:40.600 is there's a lot of people who are concerned about the market. A lot of people thinking,
00:00:45.500 well, that's it for the bull market. It's probably over. We saw silver get up to 120.
00:00:50.060 We saw gold get over 5,000 and doesn't look like much is happening. So what gives?
00:00:58.220 And we're always thinking to ourselves, well, if you only knew what we knew, you would be extremely bullish.
00:01:04.780 So that's why there's a lot of stuff today to get to.
00:01:08.040 So let's start with reserves.
00:01:10.180 Reserves continue to build, Jerry.
00:01:12.740 There's been some great articles, a great article out by Deutsche Bank this week about reserves, how it's something historic.
00:01:20.560 Not in a way historic in a new historic sense, but in a this is how history goes.
00:01:26.120 Right.
00:01:26.420 Tell us a little bit about what's happening in the world of reserves adding.
00:01:31.540 Yeah, so we saw the reserves starting to get out.
00:01:33.780 We can go back 17 years ago with the move of de-dollarization and trade wars and all of a sudden certainty.
00:01:42.260 As you add uncertainty, you have the central banks beginning to accumulate reserves.
00:01:46.540 Now, what is a reserve?
00:01:47.560 It's capital, tier one capital that is decoupled from the banking system, from currencies.
00:01:54.400 and it's there for your liquidity. And we're talking about diversification here, obviously,
00:02:00.060 so we have to incorporate this in our own portfolio mindset as well.
00:02:04.780 Let's start with this. Why are they doing it? Why have they been accumulating basically on net
00:02:10.180 since 2008? They became net buyers of gold. Why?
00:02:14.660 Yeah, you have a lot of the deglobalization topic today. However, if we look back throughout the
00:02:21.300 last 15 to 20 years, we have a great chart from goldprice.org where we simply see what gold and
00:02:27.960 silver have done versus every single major currency in the world. And there is no secret now
00:02:34.160 that every central bank with their monetary policy and the government's fiscal policies
00:02:39.780 are on the course of devaluing their currencies, which means the loss of the country's purchasing
00:02:46.560 power. And more importantly to us, it's a loss of our currencies, our purchasing power. So these
00:02:51.280 are the reasons why we need to diversify. Countries are diversifying and converting. You're not buying
00:02:58.280 gold and silver. You're converting out of fiat paper currencies, and now you are valuing your
00:03:04.320 wealth in ounces. So this trend will continue because the trend has always been this way.
00:03:10.180 Going back thousands of years, all fiat currencies end up to go to the value of zero,
00:03:15.220 their intrinsic value. But as we are reviewing the last quarter, you know, we're into April,
00:03:21.800 heading into May. Reviewing the last quarter, we saw, you know, prices shooting up in precious
00:03:29.020 metals driven primarily because of central bank buying, the dollarization, even the globalization
00:03:35.160 efforts. All of this uncertainty drives central banks towards accumulating precious metals.
00:03:40.100 Certainly hedging the decline of currencies, even your own currency, central banks have
00:03:48.740 been buying.
00:03:49.740 But there's also been a reaction.
00:03:50.960 They've been selling US treasuries.
00:03:54.180 They're de-dollarizing is a big theme.
00:03:57.520 That will play into the petrodollar, which we'll hopefully get a chance to talk to in
00:04:03.660 a little bit.
00:04:04.800 But they continue to buy as the world continues to move towards mercantilism.
00:04:09.860 Right. Let's just pull up. There was an article out by Deutsche Bank. I just want to read the
00:04:13.800 quote here. It says, but it's worth considering whether the buildup in physical gold in emerging
00:04:19.800 markets might be a precursor to a potential return of gold as an anchor for an alternative
00:04:25.640 future monetary system. Since the collapse of Bretton Woods, gold has not had a formal role
00:04:32.020 in international monetary architecture, but history has long alternated between periods
00:04:37.520 of fiat and physical backed money. It would be consistent with, not counter to, history
00:04:43.080 to expect gold to return at some stage. When we look back to the beginning of 2008 and
00:04:49.900 the financial crisis, and you start to see banks starting to accumulate gold, it's almost
00:04:55.580 an admission that, hey, this monetary regime is over. We have to get ready for the next
00:05:00.600 one. The next one is going to be, well, we have to go back to sound money. We need some
00:05:05.200 sort of backing, but here's the question. Okay, they've been accumulating gold, but how much is
00:05:11.340 enough? When have you accumulated enough? When will that stop being a big reason why gold's
00:05:19.140 prices keep rising? How much of a percentage does a central bank need to have? Well, this article
00:05:26.120 that Deutsche Bank wrote coincides. So the article that they wrote was called $8,000 gold and 40%
00:05:32.560 gold reserves. So we're talking about these reserves that central bank have.
00:05:37.040 Bloomberg echoed the very same sentiment a couple of days later. It was from Money Distilled
00:05:45.280 newsletter, John Stipak. He's one of the editorial editors. And he wrote that from the beginning of
00:05:52.640 the year, people don't really understand what's been going on. Gold's supposed to go up during
00:05:56.960 war. That's not the case. This is a bigger picture involving oil. Moving away from the
00:06:01.520 the petrodollar, we'll get into that a little bit. But as deglobalization and trade got
00:06:06.940 more uncertain and being sanctioned and kicked off the SWIFT system, central banks have been
00:06:16.380 net buying. And if we go back 17, 19 years ago, central banks have historically held anywhere
00:06:23.600 from as far as their central bank reserves go, the volume of the central bank reserves of gold
00:06:30.900 held anywhere from 40% to 70%. Now, in the last 10 to 15 years, these emerging market central
00:06:38.060 banks who have been acquiring gold, hand over fist, have seen their reserves now double.
00:06:44.240 So imagine us individuals holding gold, you've doubled your money. That would be amazing just
00:06:50.320 considering that this is collateral, this is money. That's growing. That's the price has risen,
00:06:54.540 the value's doubled, but then they've also added, accumulated as well.
00:06:58.180 They've accumulated. Now they're sitting at central banks are holding about 30% of their
00:07:05.880 central bank reserves are in gold. US dollar holdings, on the other hand, they're diminishing.
00:07:11.380 They're being slashed in half. People are moving away from currencies and industries and countries
00:07:17.140 are moving away from fiat currencies, holding neutrality, high quality liquid assets, which is
00:07:22.320 your reserve currency. Now, here's the question that Deutsche Bank poses. Deutsche Bank reckons
00:07:28.700 there has some way to go. And for a start, prior to the 1990s, gold share of central bank reserves
00:07:35.380 went 40% to 70%. That means there we have at least another 10% to go in order to revert to
00:07:42.700 the mean, the average. So here we go. If reserves for countries were to move up from 30% to 40%,
00:07:50.300 that's 10% allocation shift. That's a 33% price hike in gold. That alone takes gold from where
00:07:56.760 we're at today, 4,600 US per ounce to 6,100 US per ounce. That's simply just because of
00:08:02.780 participation. And that's barring retail flows, institutional front running, and even derivative
00:08:10.580 squeezes, silver squeeze, gold squeezes alike. But that was the 40% range. Let's talk about the
00:08:17.820 70% range allocation. If central banks were to bump up their allocation of gold reserves to 70%,
00:08:23.720 that'll bring gold to 10,700. And these are forecasts that we have seen, barring even
00:08:29.620 revaluation. And if we bring in the whole system of revaluing gold, remember under Bretton Woods,
00:08:37.160 under a gold standard, gold wasn't at 5% to 10% reserves, which is probably what your financial
00:08:42.360 Planet recommends, maybe even two or not even any at all in reserves. The smart money is piling
00:08:48.720 into gold. Right now, we're holding 30% into gold. But back in Britain's word system, it was 50% to
00:08:55.400 70% of the entire system. That pushes gold anywhere from $20,000 up to $46,000. It depends
00:09:00.840 on what we need to back up, the N2 money supply. But the theme here, we're seeing reserves being
00:09:06.180 accumulated. This is continuing and going on into the push of the second half of the
00:09:12.840 second quarter. But these trends will continue. Central banks will continue to buy. They bought
00:09:20.600 even despite prices dropping. And this should encourage us as well to continue to convert out 1.00
00:09:26.100 of fiat currency. Yeah. And this comes from Gold Telegraph. Central banks added gold holdings at
00:09:30.720 fastest pace in more than a year in the first quarter. Now, another country that has been
00:09:37.320 accumulating physical gold is the United Arab Emirates, who just left OPEC. Now we're starting
00:09:48.800 to connect dots here. So last year, the UAE accumulated, added I think 30% to their holdings.
00:09:59.220 We're talking tens of billions of dollars.
00:10:01.500 They've continued to do that through this year.
00:10:05.220 And then bang, they said, ah, we're pulling out of OPEC.
00:10:09.280 They set up their hedge prior to, and what BBC called it, 0.66
00:10:13.020 it was a great headline, the United Arab Emirates
00:10:17.100 leaves the oil cartel, OPEC, a cartel.
00:10:21.420 They called it a cartel.
00:10:23.200 The BBC called OPEC a cartel.
00:10:26.340 And now we're getting word that it may not just be the UAE, but Venezuela might leave too.
00:10:34.480 So all of a sudden, you're turning the tap on.
00:10:38.020 They have no reason to hold back and be part of the cartel.
00:10:41.660 And this starts to lead to, I mean, by the way, that almost seems like these dominoes were set up well ahead in advance.
00:10:48.920 Certainly, you have seen that.
00:10:50.060 Venezuela, Maduro taken out.
00:10:52.140 Cuba.
00:10:52.440 Right, Cuba lifts sanctions from Russia, oil.
00:10:56.340 or LNG, and then now the UAE, and then you also have the pipeline through Saudi Arabia.
00:11:03.080 So it's a complete identity shift for, if you think about the United Arab Emirates,
00:11:06.100 the identity of many of these, the Arab League has always been oil. 0.74
00:11:10.340 But when you think of oil, you think of, okay, the straits opening and closing,
00:11:14.840 volatility, maybe even rumors of war and war that can dictate central bank moves.
00:11:21.100 The oil prices are rising.
00:11:22.860 It's hitting 120. So therefore, the Fed, like this week, could not cut interest rates. They had to keep rates higher for longer to show that they're actually trying to fight this inflationary zombie. But things are also changing there as well.
00:11:37.100 You're talking about all these narrative changes, right? Is the U.S. protecting the petrodollar where they have the military hold guns to people's heads on what they want to do? That seems to be changing. All these countries are selling the U.S. dollar without any repercussion. No consequences if you decide you don't want to hold U.S. treasuries.
00:12:00.560 You have, I think to your point, central banks coming out and wanting to keep interest rates high and fight that, quote unquote, inflation.
00:12:08.420 And then even Tiff Mecklum, the Bank of Canada, was discussing, well, you know, oil causes inflation.
00:12:16.060 Well, what an admission all of a sudden.
00:12:18.360 And maybe you should lower the taxes on it if that's the case.
00:12:21.300 Or, you know, if gas prices have doubled, then guess what?
00:12:24.820 You're paying twice as much in taxes too.
00:12:27.320 So that means that the government is causing its own inflation, which in some ways just leads to this idea that they're trying to hold on to this narrative.
00:12:35.860 And you want to know another narrative?
00:12:37.380 I was just reading Judy Shelton.
00:12:39.340 You should look up Judy Shelton on X.
00:12:41.740 She was talking about, you know, nowhere in the law does it actually say that the Federal Reserve is independent.
00:12:48.740 No.
00:12:49.000 It doesn't say it anywhere.
00:12:50.360 It's just something that they would say to Congress to protect themselves.
00:12:54.140 But it's been such a popular thing.
00:12:55.860 A popular thing to say.
00:12:57.600 Here's the thing.
00:12:58.760 So it turns out for the first time, I didn't know this, Powell didn't show up to testify to Congress.
00:13:08.380 That's craziness.
00:13:09.680 And now he refuses to step down.
00:13:11.480 Why are they getting so desperate that they're shirking the rules?
00:13:16.780 And it's these institutions that are all on the front line to Federal Reserve.
00:13:23.260 You have OPEC.
00:13:24.720 you have the un you even have nato for example yesterday there was a tweet that commented that
00:13:33.160 he that u.s may be signaling the end of u.s involvement in nato and to pull out the troops
00:13:39.880 out of germany so this whole effort and this links back to this petrodollar should petro
00:13:46.180 oil be the collateral for the u.s dollar was that ever in the constitution is oil a collateral
00:13:53.060 Actually, no. It was Henry Kissinger that put the petrodollar into place, and it really gives a very small entity a lot of power, the power that controls the nation's money, and it controls the choke points, the Strait of Hormuz choke point.
00:14:09.160 Or the COMEX choke point.
00:14:10.560 Oh, the COMEX choke point.
00:14:11.700 We haven't even told everyone about the Silver Act.
00:14:16.680 They put forth a bill called the Silver Act, and the whole idea behind it is to create competition outside of the comics in New York.
00:14:25.940 Now, it's easier said than done because it's a place where all of the liquidity resides.
00:14:31.240 So, you know, wholesalers, you know, delivery, all of the logistics of everything, it all resides, refiners and such, it all resides in New York.
00:14:41.900 But what it does open the door to is with enough political will or deep enough pockets, you could eventually say, well, you know what?
00:14:51.920 We want an exchange here down in Texas.
00:14:55.140 And all of a sudden that opens up the competition.
00:14:57.620 So if we're talking about choke points, that's a choke point too.
00:15:02.080 Now, with that said, there seems to be a war on that choke point because they used to have like 300 million or 200 million ounces.
00:15:09.720 they're down to about, I think, less than 70 million ounces of silver. If you don't have
00:15:14.740 physical silver in there, you can't do the paper. And if you can't do the paper,
00:15:19.880 you're making it less volatile. And someone out there, a lot of companies and a lot of nations
00:15:25.560 are saying, we need that silver really bad. One such company is Hyperscale. Talk to us about
00:15:32.700 Hyperscale. Now, Hyperscale, they're known for their technology. They're well known in the 0.73
00:15:38.780 technology space for their ai developments and this is the probably the third as we call it and
00:15:44.680 as many are calling it the third um the third tectonic force for uh things converging in
00:15:52.000 precious metals and all roads lead to hard assets this company called a hyperscale just added silver
00:15:58.360 now get this they need silver because they're an ai not only do they need silver they need copper
00:16:03.760 They need iron. They need steel. They need the whole list, aluminum, graphite, nickel, lithium.
00:16:09.800 The list goes on of all these critical minerals.
00:16:12.020 And the latest one that was added to the critical minerals list was silver late last year.
00:16:17.860 And whether the AI is a bubble or not, the fact of the matter remains is that all of these countries from the US to big tech to China are fully committed to commit 600 plus billion dollars a year to scale out the AI.
00:16:33.520 Whether you use it or not, it is something that is going to be funded. And when Grayscale, when this company, Hyperscale rather, starts adding it to their monetary treasury, this is a huge signal for even us.
00:16:50.600 Many people just think silver is just here for industrial purposes.
00:16:55.600 No, silver is actually your collateral, collateral being high-quality liquid assets.
00:17:01.200 And this is the reason why things are moving back.
00:17:03.900 When the collateral fails, when the US Treasury is just backed by paper, and when oil is not
00:17:09.400 being trusted, or when countries don't want to be known for just oil, they want to revert
00:17:14.880 and change their whole identity.
00:17:16.460 like the UAE that's known for oil for centuries is now saying, you know, we're going to start
00:17:22.680 accumulating gold. That's it. So accumulating silver, let's talk about that. If Hyperscale
00:17:29.080 is accumulating it, they're a public company. This is huge. And they're making it known that
00:17:34.180 they're doing it. They're not the first. But let's talk about what China's doing with silver,
00:17:39.040 because we've been talking a little bit about geopolitical. We've been talking a little bit
00:17:44.320 about hedging, dollar devaluations, et cetera. And also we have to get into is lower oil good
00:17:52.400 for the price of gold. But let's talk about silver. China, this is according to Peer Metals
00:18:00.400 on X, China's silver stockpiles hit 40 million ounces. They've got 735 kilograms on one exchange,
00:18:09.300 518 on another combined for 1.25 kilograms. They've banned exports. They restricted refining
00:18:17.200 chemicals. They've imported a record amount for the last three months. There's been a lot of
00:18:22.920 people on X noting the chart because the amount of imports has been off the chart in the last
00:18:28.740 couple months. So they're now sitting on 40 million ounces. They are happy to pay it at
00:18:34.100 higher premiums. The question is, and I love that he said this, this is not investing. This is
00:18:39.320 preparation. What are they preparing for? Is it because they need to retain this? Is it because
00:18:45.800 they're losing access to South America? Maybe they're losing access to Mexico. They're saying,
00:18:51.340 look, we need to secure this for all of the things that we produce and money perhaps,
00:18:57.780 but why accumulate at such an aggressive pace and you're seeing the the product come off the
00:19:04.280 exchanges as well right i mean it could be a number of things it could be a way to just hedge
00:19:09.180 against the currency devaluation number one and obviously with countries very close to you know
00:19:14.940 combating the very you know the central bank system you better be hedged you know many presidents in
00:19:22.580 the past have gone against the central banks. You can't go straight on. You have to hedge yourself
00:19:28.340 and be prepared for potential retaliation like the United Arab Emirates. They acquired gold years in 0.99
00:19:34.260 advance before moving away from OPEC. This is a big move, but they're also positioning for what's
00:19:40.120 to come. Let me ask you this then. If OPEC starts to fall apart and you start to see more oil come
00:19:50.160 on board. We talked about increasing Venezuela production. And let's say UAE decides, hey,
00:19:58.360 we're just going to turn it on and open it up. By the way, that's a great counter to
00:20:03.620 the straits being closed. What does that mean for gold? If oil prices come down,
00:20:11.780 is that bad for gold? Shouldn't that be bad for gold? Well, what we've seen since the beginning
00:20:16.560 of the year, when gold and silver went through to their all-time highs, silver hitting $120,000,
00:20:21.340 gold $6,000, what we saw was the complete reversal. When the Iran war began, oil prices
00:20:30.360 went up and gold, silver went down because central banks have to look like they're going to fight
00:20:34.620 inflation now and say, we're going to keep rates higher for longer. Well, gold and silver are
00:20:39.560 inversely correlated to US dollar strength. And the strength comes from the raising of interest
00:20:45.400 rates see this manipulation how they control these things um where gold doesn't you know gold
00:20:51.260 just doesn't move up any anymore because of war so they have they have kind of reprogrammed that
00:20:56.720 based on the oil but now as you have if you have oil prices coming down uae is leaving the opec
00:21:04.080 you have other countries who are going to go they don't want a quota they want to pump as much oil
00:21:09.200 as possible they've actually spent 3.3 billion to create a secret pipeline to flood the market
00:21:15.020 with cheap oil. Okay. So what happens when cheap oil floods the market? Does gold go up or down?
00:21:20.700 Oil moves everything. So when oil falls, transport falls. The cost of manufacturing
00:21:25.700 falls. Shipping falls. Consumer costs falls. So industry goes up.
00:21:30.720 Industry goes up. And what happens? Your sentiment starts to, you start feeling more confident. You
00:21:35.480 don't want to hold and hoard your cash. People feel better at the pumps. They don't really care.
00:21:39.920 okay, the prices of gas goes down, costs start going, you start feeling better. And ultimately,
00:21:46.660 when inflation falls, the central bank is free. And this is where we go back to,
00:21:51.320 they're going to print. They're going to go back to the printing press.
00:21:54.200 But they wouldn't have to go back to the printing press.
00:21:56.980 Well, it allows them to facilitate that if you peg the currency, you peg it back to the gold,
00:22:04.860 You lower prices through the lowering of oil.
00:22:09.300 You control inflation that way.
00:22:11.000 And then you also have to peg the currency to gold to safeguard it the next round of money printing.
00:22:16.760 Because you're going to have to spend $600 billion plus per year just for AI.
00:22:21.400 Okay, so what you're saying is when you free the dollar and interest rates from oil, when oil is no longer a narrative in which you can control interest rates and such, now all of a sudden you go, hey, we're not burdened by the past.
00:22:41.480 Oh my God.
00:22:43.000 Why be burdened from the past?
00:22:46.340 No, you're no longer burdened by it.
00:22:48.120 No, you now can say, hey, oil is not a problem for us.
00:22:51.900 We can lower interest rates.
00:22:52.920 Exactly.
00:22:53.500 And when you lower interest rates-
00:22:54.580 And industry goes up, that means, hey, you need more silver for the industry.
00:22:58.120 But also, well, how are we going to tie all this, right?
00:23:01.780 And that's where we come right back full circle to Deutsche Bank.
00:23:05.580 We go, hey, we need to get back to the system that existed before the petrodollar, and that
00:23:13.160 brings us back to gold, and you need more gold in your holdings.
00:23:16.680 and I would say add a little bit of a trump card on there. It's a great way to revalue
00:23:24.720 the assets on your book and to mitigate your debts. So all of a sudden, yes, we've got debts,
00:23:32.520 we need to deal with them. But by the way, our balance sheet looks great. You know whose balance
00:23:36.660 sheet doesn't look good, by the way, is Canada's balance sheet. We're over a trillion in debt and
00:23:41.580 somehow we've got money for a sovereign wealth fund.
00:23:45.060 Oh yeah, $25 billion.
00:23:45.560 I just need to put it out there because of our audience here. 0.63
00:23:48.360 We all know that that is complete and utter nonsense.
00:23:51.620 It's complete BS.
00:23:52.600 You can't have a sovereign wealth fund when you don't have any wealth.
00:23:56.940 So we know the scam that's going on there.
00:23:59.460 We'll track that as it becomes more apparent.
00:24:02.820 But what that does mean is that more money is coming out of the debt coffers in Canada,
00:24:09.980 which is bad for our dollar. And one of the things that you can do to protect your dollar
00:24:14.660 and protect the purchasing power of your dollar is to own actual physical gold and silver. Now,
00:24:20.160 today we've talked about central banks are buying gold. The petrodollar looks like it's on its
00:24:27.940 deathbed. This is actually going to be good for gold because it means more accumulation for gold.
00:24:32.420 It means growth for industries, which is also, as we've talked about, one industry, AI,
00:24:38.900 with hyperscale, adding physical silver, and you can see silver being accumulated all over the
00:24:45.320 world at a very fast pace. This is also very, very good. We're in a six-year deficit in silver
00:24:51.900 coming out of the ground. And as you mentioned with the reserves, Jerry, they're not even at
00:24:59.400 30% yet, or they're just around 30%. They need to get to 40% or even 50% just to start to get
00:25:05.660 back to a historical mean as Deutsche Bank thinks that we are moving to a new monetary system which
00:25:12.340 is actually an old monetary system and that is the way of history. So if you want to be involved in
00:25:19.800 this bull market in physical gold and silver you can contact Guildhall Wealth and we will show you
00:25:25.320 how to do it. Now at Guildhall what we do is we help clients to own actual physical gold and silver.
00:25:30.380 This isn't investments. This isn't paper. You know, you didn't see Hyperscale buying the ETF. You didn't see them buying, you know, a gold fund or, you know, they actually had to accumulate the actual physical silver. And that's what we help clients do at Guildhall, where you can buy it direct. You can hold it in a Brinks facility, fully allocated, segregated. You have access to go and personally audit the holdings.
00:25:55.720 And this is great because it secures your product. It allows you to sell and buy on a phone call. Instant liquidity. That means you could be anywhere in the world. You could be on vacation. You could be at Little League. You could be doing anything and it's, hey, great opportunity comes along. Pick up the phone and get the liquidity you need.
00:26:16.360 And then finally, we also have clients in registered accounts. This is where you can hold
00:26:21.440 it physically allocated, segregated. You own it. You can go to the vault, personally audit your
00:26:26.680 holdings. And it's such a great thing to have an asset that has just continued to grow over time,
00:26:33.040 knowing that the biggest benefit of it is that it's hedging the devaluing of the dollar, which
00:26:38.900 unfortunately in Canada, that's something you really need to be concerned with because it
00:26:43.860 doesn't look like the debt spending is about to end. So if you want to hold physical gold and
00:26:49.740 silver in your retirement account, whether it's an RRSP, a lira, a lift, and also at the end,
00:26:55.820 you can take delivery. Once you convert your RRSP to a RIF, you can say, hey, instead of taking
00:27:02.040 the funds out, I'll take the physical product. That's a way to go. Now, there's all regulatory
00:27:07.900 rules, but ultimately you can get that physical product back in your hand. So give us a call.
00:27:13.140 We'll show you how to do it, and we've been doing it for over a decade in registered accounts,
00:27:17.680 and we've been helping clients get into physical metal for over 20 years.
00:27:21.220 Jerry, we've got a couple of minutes left.
00:27:23.220 What are your thoughts on what's going on in the world?
00:27:24.960 Jeremy's so modest.
00:27:26.060 He's so modest.
00:27:26.800 Actually, back in 2015, it was Jeremy and his dad, Paul, president of Guild Hall, family
00:27:33.940 to us, to myself.
00:27:36.500 They were the pioneers that put the ability for Canadians to find the solution to hold
00:27:42.360 capital, hold wealth outside of this digital banking system by holding real precious metals,
00:27:49.940 what we're talking about, unencumbered in your name, not on our name, not on our balance sheets.
00:27:54.040 If you can't hold it, you don't own it. And we have the guide to do it. There is a nine
00:27:59.040 storage requirement. If you're going to hold the metal outside of your own hands,
00:28:03.120 outside of your own possession, these are nine storage requirements that we follow. And if we
00:28:10.900 offered just eight of the nine, we would say just take it home. But it's all about not compromising
00:28:16.700 on your wealth insurance. We don't compromise on our life insurance, our car insurance.
00:28:22.700 This is real world wealth insurance, not just to hedge, but to set up what we see and we feel with
00:28:28.700 many other analysts that this is a once in a lifetime opportunity. When you have Bank of
00:28:33.960 America calling $300 to $400 silver within a few months, when you see the new future, the call
00:28:39.140 options which is a it's a great barometer and it's a it's a it's a uh it's a precursor for
00:28:47.080 future bull runs calling silver anywhere from a thousand to two thousand an ounce by next year
00:28:53.800 and twenty thousand plus gold all within 12 months you know we're not talking about long
00:29:00.080 term yes it is about generational wealth building and passing on safely to our next generation
00:29:05.320 but you you want to have the ability to get your rebate back we paid so much in taxes they're not
00:29:11.940 changing it for us they haven't even given us the rebate you know only because we we begged for it
00:29:17.920 but you could take action now convert out of the banking system and again if you cannot hold it
00:29:24.060 you don't own it and give us a call we want to walk you through the steps we're always here to
00:29:29.160 help give us a call that website is guildhallwealth.com and that famous number 1-877-8-SILVER
00:29:35.740 and we look forward to speaking with you soon and that does it for another edition of the real money
00:29:40.880 show it's been an absolute pleasure we hope that next week will be even more jam-packed with
00:29:45.700 information and reasons to enjoy and get involved in the bull market in gold and silver see you next
00:29:51.700 time you cannot hold it you don't own it central banks have been buying gold like crazy value your
00:30:00.740 wealth in ounces versus depreciating currencies