Rebel News Podcast - November 14, 2026


Gold under $4,000? The price on your screen isn't the whole story | Presented by Guildhall Wealth

Doerkson Calls Bureaucrats Back, Liberals continue mass immigration | Rebel Roundup

Episode Stats


Length

30 minutes

Words per minute

166.21

Word count

5,027

Sentence count

388

Harmful content

Toxicity

1

sentences flagged

Hate speech

2

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00 If you cannot hold it, you don't own it.
00:00:05 Central banks have been buying gold like crazy.
00:00:08 Value your wealth in ounces versus depreciating currencies.
00:00:16 Welcome to The Real Money Show.
00:00:18 Great to have you with us this afternoon.
00:00:21 We're going to talk about physical precious metals.
00:00:23 As we're recording the show here on Friday, November 12th,
00:00:28 The price of gold is down below $4,000 an ounce U.S.
00:00:33 Silver has just dipped below $50 an ounce U.S.
00:00:38 And we thought, hey, let's bring in some actual product because what you're seeing on the screens and on the TV is just paper.
00:00:47 It's just a digital price, paper price, but there is an actual physical product behind those prices.
00:00:54 This is a one ounce bar of gold.
00:00:56 Jerry, how are you doing?
00:00:57 Thank you very much.
00:00:58 Very good, Jeremy. Great to be back on The Real Money Show here.
00:01:01 Nice to see you.
00:01:01 Nice to see you. Been here the whole time.
00:01:05 This is a 100-ounce bar of silver, nice and shiny, and weighs about six and a half pounds.
00:01:12 So you can use a lot of synthetic supply, paper supply, the futures contracts,
00:01:19 to pretend like there is a whole bunch of this in the world and try to push the prices down.
00:01:24 but what will happen is eventually you hit the physical world and the physical world says
00:01:30 this has to be originally sourced from somewhere you have to source the physical product from
00:01:36 somewhere raw then you have to refine that material and then why don't you hold on to that
00:01:43 for a little while about your workout jerry this is how we start our morning then you have to refine
00:01:47 it, you have to make it 99.99% pure and fashion it into a bar coin. And like the gold, you have
00:01:56 to actually package it. Now, then at that point, after the costs for that have been expended,
00:02:02 you now have to store that physical product and ship it to a wholesaler. The wholesaler is going
00:02:08 to probably pay for that shipment. And then they're going to store this physical product
00:02:12 that requires security and insurance.
00:02:15 And then they're going to ship it somewhere
00:02:16 to a retailer like Guildhall or anyone online.
00:02:22 And by the way, if you want one of these type of bars,
00:02:24 you can go to guildhallpreciousmetals.com.
00:02:26 We have them on our e-store.
00:02:28 Really great product.
00:02:29 This is the Kilo Bar.
00:02:31 So for all of that, that is real.
00:02:35 This is real hold-in-your-hand metal.
00:02:37 Now, as JP Morgan once said,
00:02:40 gold is money, all else is credit.
00:02:41 And you can try to mess with the paper price, but eventually would you rather have this or would you rather have a paper promise? And that's what we're here to discuss today. That's what this is. Physical gold and silver are real money. They are not promises of anything.
00:02:57 And in a world where last week we talked about Paraguay's bank going under, what was it, four or six million people not having any access.
00:03:06 And just this morning we were talking about, isn't it odd that Bill Gates is going around having interviews about computers going on?
00:03:16 And lo and behold, as we're recording the show, Microsoft has been down for hours.
00:03:21 The timing of it all just is exactly what is expected. When Jeremy highlighted a big concern, a big problem, the moral hazard of fractionalizing money. When you fractionalize collateral over and over again, and we recommend going to the usdebtclock.org and look at the ratios at the bottom right.
00:03:44 There's a silver to paper ratio and a gold to paper ratio, and those have been hovering around for silver to paper, around 400 paper ounces sloshing around, which would be ETFs, futures, options on futures, certificates, because it's just too hard to buy the stuff.
00:04:05 Why pay the little extra to get the physical?
00:04:08 You could just buy the paper and have it in the act and just be hacked and held.
00:04:15 It's not funny, actually.
00:04:17 It's a counterpart even.
00:04:18 Your counterparty is the bank because when you want to take, well, you can't take physical delivery of ETFs or certificates.
00:04:25 You will have to get the equal amount in dollars.
00:04:28 But that's another issue.
00:04:30 You're now denominating this portion, which should be the wealth insurance of the portfolio. It must be decoupled from the currency systems. So you're converting out of paper into something tangible, physical, in your hands, no one else's liability but yours.
00:04:51 This is yours, unencumbered, with serial numbers, and this is what we do here at Guildhall.
00:04:56 Since 2002, we've been providing real solutions, real vehicles for Canadians and now Americans, even global citizens around the world, to be able to own physical precious metals to take home.
00:05:10 If you have too much at home or you're not comfortable having it at home, you can have it in a non-registered private account, outside of the digital swift banking system.
00:05:20 own ounces outside but you have access to it you can visit audit check those serial numbers
00:05:26 don't take our word for it that it's there right when when eventually when the credibility of
00:05:31 the systems which is rearing its ugly head with how many hacks and digital issues we're seeing
00:05:40 and it's accelerating people are again more concerned about the return of their money
00:05:46 than the return on the money and what are the real returns like today?
00:05:51 You know what else is happening besides these hacks and outages that we're experiencing seemingly at a rapid rate this past week
00:06:00 from when we just recorded last week is the growth in the gold market itself.
00:06:07 Central banks continue to accumulate gold.
00:06:10 I think they've accumulated about 6% more this year than they did last year.
00:06:16 in the third quarter. And it's a tremendous amount. I've got the information here, actually.
00:06:21 I'll fill it up in a moment. Yeah, it's right here.
00:06:24 So what do you got?
00:06:25 So the global central banks bought approximately 321 tons.
00:06:30 Just in the third quarter.
00:06:33 Third quarter.
00:06:34 So the world is buying gold at higher prices. It's up more than they were buying gold five
00:06:40 years ago. They're buying more this year at the higher prices. When I first bought gold,
00:06:44 Jerry, I bought it around, I want to say below $500. I remember it was around like $480 or
00:06:50 something like that. You are a winner. And what I wanted at the time is I just thought I want to
00:06:55 have 10, 15 ounces of gold in a safety deposit box and hope I didn't have to touch it. That was
00:07:01 the idea. And what I figured was, is if I had to go to a safety deposit box, okay? So I have to go
00:07:07 to the bank, go talk to someone, right? Open the safety deposit box, pull this out, then close the
00:07:15 safety deposit box, put it back in, drive somewhere, because you don't really sell them at the bank,
00:07:21 drive somewhere, and then sell it. I figured that was enough of a deterrent to say, why am I doing
00:07:31 this? Am I selling this because I need to sell it? You know, have we become Venezuela? Do I have
00:07:38 to get out of here? Right? I'm going to take this. This is just in case. You think you need 10? You
00:07:44 probably need 30 in that type of scenario, right? And I know there's lots of hypotheticals. Or
00:07:49 is it an opportunity? Am I selling this because of a business opportunity? Oh, I found the perfect
00:07:58 house i need i'm willing to sell the gold and i'll tell you another little one about this one
00:08:03 so my wife and i did a renovation uh about three years ago now and one and and you know you have
00:08:12 a budget and eventually you know the um the contractors are like you got to come up with
00:08:16 money you got to come up with money of course and and um my wife was like was was saying oh i want
00:08:22 to buy this or that. And all of it was based in gold for me. I was like, that $20,000 couch,
00:08:28 if I have to sell this for that $20,000 couch, it's going to cost me $50,000 because I sold this
00:08:37 and I know where this is going. Right. So with that said, let's talk about where gold is going,
00:08:41 Jerry. Right. Because, okay, we're sitting at just below $4,000 an ounce on paper. It could
00:08:47 go down further i don't know but it's certainly probably oversold right now and certainly under
00:08:53 the 200 day moving average so no one i don't think you'd find anyone challenging that it's it's not a
00:09:01 good value right now absolutely not but where can it go ultimately okay and i think it's important
00:09:09 to understand as well do you mind if i keep going please i'm so intrigued right now the other thing
00:09:15 that i find interesting do you remember the bitcoin debates always okay we haven't talked
00:09:20 we haven't had to have a we were a coin debate at the office for a while now um but but there
00:09:26 were a couple periods of time where we had a lot of discussions with with people about it
00:09:30 and obviously it was a great thing to get into early um i got into it at surprisingly actually
00:09:37 it was around 250 by the time i sent all the thing or whatever it was like 450 around the
00:09:42 same price of gold. But the thing is about Bitcoin is there is no barrier to entry. You
00:09:52 can buy it fractionally. So gold, there's a barrier. You have to come up with the full
00:09:59 4,000 plus cost of doing business converted to Canadian dollars. If you want the ounce,
00:10:08 you can't say, well, I'll put up 10%, right? You could buy a gram, right? There's 32 grams in an
00:10:14 ounce. You could buy a gram, but there's not a lot of grams being produced, right? They produce
00:10:21 a lot more of these than they produce the grams. So I just find that like with a crypto, for
00:10:26 instance, you can't conceive of the limit because you're not obligated to put in the money. Now,
00:10:33 if I said to someone, well, this costs $70,000, who do you think is going to buy that for $70,000?
00:10:41 Nobody. Right. Right. There's a limit to what this is. What do I mean by that? If there's 32
00:10:46 grams, well, 31.15 grams in an ounce, if this was trading at $31,000, one little gram would be
00:10:53 a thousand bucks. You'd sit there and you'd say, I think I can find better value somewhere. I think
00:11:01 I can find better value, right? Of course. So there's actual economics in it, which is a good
00:11:06 thing too. We're not promising that gold can go to a million dollars an ounce. I heard this video,
00:11:14 you know, George Gammon. Of course. He's great. We love him. Rebel, yeah. What was it? Capitalist?
00:11:19 Rebel Capitalist. He does the whiteboard stuff. He's fantastic. And he was talking about...
00:11:23 Was it the trip in Argentina? No, he was talking about this secret agreement between the treasury
00:11:29 and the Fed to revalue gold. And he was showing, well, it could go to eventually 50,000, which he
00:11:36 didn't think it could go to. But the idea was, what does it need to go to to put everything right?
00:11:42 What I thought about when he was talking about this was the debt clock. Because the debt clock
00:11:47 starts to say, well, what about all these other commodities you own? If you're going to say the
00:11:52 debt to gdp is 120 to one but you're not including how much oil the country has or how much production
00:12:00 they have of this that and the other right um then you know that would offset what you would
00:12:05 actually need the uh the price of gold to go to which leads me to a question i was thinking about
00:12:12 what's up then uh equally i was watching an ezra levant video uh his one from this week you know
00:12:18 the quote from
00:12:20 Trudeau,
00:12:23 right?
00:12:24 Like, get the production going
00:12:26 and the deficit will take care
00:12:28 of itself.
00:12:29 Yeah, the deficit will take care of itself. That was amazing.
00:12:32 I kind of agree.
00:12:35 With the
00:12:36 if you incorporate the revaluation
00:12:38 of the assets. No, like if you actually
00:12:40 unleash production in this country,
00:12:42 the debt would take care of itself. Very true.
00:12:44 We've seen that. They just don't.
00:12:46 That's the thing. Right.
00:12:47 And that's a huge topic that we talked about a little bit with the Chevron Act and the Chevron Accord, just keeping that ability for countries for some reason to not do the obvious, use common sense, use the riches that you have and the resources that you have.
00:13:05 But we had the Chevron Accord that held the U.S. back since 1984, which was recently struck down in 2024 by the Supreme Court.
00:13:12 This gives the U.S. talking about George Gammon.
00:13:16 And it's also not a secret anymore because Jim Rickards is discussing this, where gold is going to be going.
00:13:22 And it's really going back to how the original dollar was supposed to be backed.
00:13:27 We're talking about a discipline having a peg, not endless fractions of financials, 400 to 1 silver paper ounces to 1 ounce or 100 gold paper ounces to 1 ounce.
00:13:43 You eliminate that. Prior to the creation of the petrodollar in 1971, you had the gold peg. And how that worked is in 1945, America had to maintain at least 25% of their debts in gold. So that was a ratio that was used.
00:14:10 So they're at $40 trillion now, right?
00:14:13 Right now, they're at $40 trillion.
00:14:15 And that was just backing up Federal Reserve notes.
00:14:18 So if you were to revalue up back up to 25%, you would put gold price to $6,800.
00:14:23 But as a currency guy, that's not my concern. 0.99
00:14:26 My concern is the M2 money supply.
00:14:28 So look at the debtclock.org.
00:14:29 Look at the M2 currency supply.
00:14:32 That equates to $23 trillion in debt.
00:14:36 That's a big chunk.
00:14:37 And notice that the US is also looking at a lot of debt, looking at a lot of where the
00:14:42 money, how it was created, where the money went.
00:14:46 You're talking about the frauds.
00:14:47 Yes, elimination of that debt, and then backing it up with this potential gold peg.
00:14:52 But if you back up the $23 trillion, 25% of the M2 coverage puts gold at $22,000 gold.
00:15:00 When you have the gold and when you have resources into the sovereign wealth fund of the U.S.,
00:15:06 this becomes very real.
00:15:09 And the reason why I think we have the conversation
00:15:13 and the inclusion of Tether with the U.S. Treasury,
00:15:16 we have two opposing systems happening right now,
00:15:19 which is the reason why we're seeing a lot of digital issues around the world.
00:15:23 Let's just go through them really quickly.
00:15:25 You had branches in Japan.
00:15:28 You had the Paraguay issues.
00:15:30 There was France.
00:15:31 There was like $150 million in France.
00:15:33 They even had issues with fridges for blood material or plasma.
00:15:41 They were raising the temperature on it. 0.51
00:15:43 And the thing is, is that, you know, you're told, oh, it's all North Korea.
00:15:46 But do you know that?
00:15:49 How do you know this?
00:15:50 You don't really know.
00:15:51 The new boogeyman.
00:15:52 There's always a boogeyman, right?
00:15:53 There's going to be the hack and you're going to blame this country over there and sanction them and lock bank accounts.
00:15:58 And this mess will continue to go on and on.
00:16:02 For me personally, it really hit home for me
00:16:04 when I'm at home watching the baseball game or ball game.
00:16:08 It was a hockey game.
00:16:09 You see this commercial for the insurance company
00:16:12 that covers the banks.
00:16:15 You're showing me that.
00:16:16 Wait, hold on.
00:16:16 So when you're watching a hockey game,
00:16:18 you're getting advertisements for fast food and insurance.
00:16:23 Is that right?
00:16:24 That's right.
00:16:24 Just wanted to check.
00:16:26 The Canadian Deposit Insurance Corporation.
00:16:28 Okay.
00:16:28 So it covers the banks.
00:16:30 Yeah.
00:16:30 And they're saying, in the event of a banking collapse, just know you're not going to lose your deposits, even though we've had 43 banking failures.
00:16:38 Well, I'll tell you the irony of that.
00:16:41 What do you need the Canadian Deposit Insurance Corporation to tell you that the digital money that you have in your bank that's losing, what, 8% a year to inflation, that you're not going to lose it if there's a bank issue?
00:16:57 You're missing the point.
00:16:58 Yeah. The fact is, is that if you have your wealth in currencies, those currencies are nothing more than a unit of exchange. They don't hold their value. We know that. So you're forced to take risk, right? If you don't take risk, you're probably in something that is not keeping up with the real pace of inflation.
00:17:21 And if you think that, you know, look, our our feeling and belief is that the government's being disingenuous about inflation rates.
00:17:29 The irony is as well is that these central banks come out or central bankers come out and say, we have to raise interest rates because of inflation.
00:17:37 It's like, buddy, what are you what are you talking about? Right. There's no growth. Right. Right.
00:17:43 You can let inflation go. There's no growth. But you know what happens? They come out, they say, oh, the economy is too hot.
00:17:51 Forget the money we've printed. We have to raise interest rates so everybody's cost of doing business goes up all over the place and there's barely any economic growth anyway.
00:18:03 That's right.
00:18:03 But you know what it does more importantly is the paper price of this gets hammered algorithmically, which I think is a word.
00:18:13 It's a good word.
00:18:13 And so, okay, you deal with that short-term trend.
00:18:17 the long-term trend is central banks are buying gold. They're developing more of an infrastructure
00:18:24 for the gold market. You see things like the Silver Act coming out, which we'll talk about
00:18:29 in just a moment. And you know that the market is poised to go much, much higher. And great.
00:18:36 So we're retesting what I call the rim of the cup. You had a major cup and handle. We went
00:18:42 well above it. We're testing the, testing the rim of the cup right now. And look, I think it's a
00:18:48 bargain. And I think that this is the best time to get involved. If you want to pick up, you know,
00:18:53 a kilo bar of silver or a tube of silver maples, we just got in the quarter ounce silver gold
00:18:59 maples. You can go to guildhallpreciousmetals.com. That's our e-store. Check it out. A great place to
00:19:05 pick up the first few ounces that you're ever going to hold. If you want to protect your retirement
00:19:11 account the wealth for your family you can hold physical gold and silver this exact bar could be
00:19:17 put into your registered account held at a brinks facility outside the banking system you own it you
00:19:23 get the serial numbers you can go to personally audit your holdings we'll always send you an
00:19:28 inventory report you can buy and sell on a phone call but this can't get hacked this can't disappear
00:19:35 The lights could go out.
00:19:38 There could be a bank holiday for six months.
00:19:42 This is still sitting in a vault behind lock and key, behind people with guns, or we should call them firearms.
00:19:49 Firearms, please.
00:19:50 For YouTube.
00:19:52 And protected.
00:19:54 Hey, there's no password to lose.
00:19:56 You own it.
00:19:58 So very exciting stuff.
00:20:00 If you can, if you have the means, you should definitely be getting involved at this point in time.
00:20:05 Yes, exactly. Because as you're watching Rebel News, you're obviously aware of these things. I would say the majority of the viewers are in tune with these truths, with these trends that have just been accelerating. At a time, we've been actually anticipating this.
00:20:22 you know from the you know when the a few years ago when alex mooney just you know put and tabled
00:20:28 the gold standard restoration act that was alarming for me i knew we were heading in the
00:20:33 right direction but they're also going to be the other side that wants to keep you on the swift
00:20:37 system to tokenize and to keep you in digital format unbacked they want to continue to use
00:20:43 your deposits in this fractional reserve system but there is a reason for doing what jeremy is
00:20:50 mentioning is to prepare just in case for these types of scenarios. If you want to buy some silver
00:20:56 maple coins for the Mad Max scenarios, you need those as well. There comes a point where you want
00:21:01 to graduate and head into preserving and locking in the value of your wealth with gold bars like
00:21:07 that, with even 10 ounce gold bars, or even kilo bars of gold. This is real world collateral that's
00:21:13 being re-monetized. In many of our seminars before, we would often talk about the four
00:21:19 fundamental drivers of precious metals since 2002 those haven't gone anywhere right jeremy
00:21:24 you still have the devaluation effect because of inflating currencies you have you still have
00:21:29 geopolitical shifts um you still have well let's apply in demand let's update political when we
00:21:36 started it would be geo geopolitical issues and the number one geopolitical issue we used to talk
00:21:42 about you know 18 years ago was well you know they could shut the straits of Hormuz oh well right
00:21:48 We kind of evolved that over time to be, look, when debts are rising, countries stop trusting each other. And look what happened. As a result, you get de-dollarization. Countries all around the world are saying, give me my gold. I'm buying more gold. I'm not going to just count on the U.S. dollar fiat system.
00:22:08 Of course, that's because they weaponized it against countries. And so everybody is using it for the geopolitical risks that we pointed out years ago. So you have inflation through money creation and you have geopolitical unrest and then you also have supply and demand.
00:22:28 Now, with silver, we're in our sixth year of deficit in mining, which is why it's a critical mineral now through the United States, why they're building two major refineries.
00:22:40 You don't build billion-dollar…
00:22:42 No, in building anything.
00:22:43 Yeah, you don't build $2 billion facilities to refine rare earths and critical minerals.
00:22:51 If it was in the future.
00:22:52 If you don't think that you're going to need it to grow.
00:22:54 So the AI bubble could burst. Maybe it's happening right now. Who knows? But the dot-com bubble burst, and it didn't stop the internet. We all use it every day. So AI is here to stay. Whether or not there's a temporary bursting of the bubble, you're still going to need the energy to produce. You're still going to need the facilities and all of those things, the AI data centers, et cetera.
00:23:22 And so the demand for the metal is not going to go away. And I would say this, that silver has always been this particular element that is in most new inventions. You think about the technological world, okay? Anything digital, anything electronic, there's silver in it.
00:23:43 So, the most patents pending on new things are with silver in it, and that is only going to continue. It's only going to continue. If AI can invent a whole bunch of new things, guess what? They're going to invent a whole bunch of new technologies that have silver in it.
00:23:59 Exactly.
00:24:00 Right?
00:24:01 So I think growth begets growth.
00:24:04 I think inventions beget inventions.
00:24:06 And silver conducts electricity the best.
00:24:12 It stays cool.
00:24:13 It naturally absorbs bacteria.
00:24:16 So you think of various different industries, and you're thinking about silver.
00:24:20 It's in there.
00:24:21 And don't tell me, Jerry, that copper is going to somehow replace it.
00:24:25 And they've tried this before, and it's failed.
00:24:27 They will continue to try.
00:24:28 It's a unique element on the periodic table of elements. Those fundamentals haven't moved, the legacy fundamentals, but we have been introduced with the advancements of technology, with the shifts in geopolitics and alliances and unions and in the shifts of credibility.
00:24:47 you have new driving fundamental forces that were moving just from safety and protection which is
00:24:54 always always key having something just in case and hoping and praying you never have to use it
00:25:00 but you also have new fundamentals supporting gold and silver moving forward which supports
00:25:07 the forecasts that are in the thousands for for gold tens of thousands for gold into the hundreds
00:25:13 again for silver. We're at a 50% pullback right on the launch pad where we were last year for silver
00:25:18 in November. Regardless of all the noise that we're talking about, bottom line, 40 years of
00:25:25 data shows gold and silver simply go up during the November and December where we took off last
00:25:32 year. This time, the explosiveness, the pullback is the launch into an area where it will likely
00:25:41 break through the resistance and head into an area of unexpected territory.
00:25:47 Yeah, I think we all run into this, right? Where we think what is happening today is permanent,
00:25:53 right? The price on the screen is permanent. Let's talk about that.
00:25:56 We don't think where it could be in the future and why we're acquiring it today for those reasons.
00:26:02 And that's why we're saying, look at the bigger picture of what's happening around the world
00:26:06 with accumulation of the metals, with the demand for the metals, that it should be an easy decision
00:26:12 to protect your wealth. And we're not the only ones. Billionaires like Ray Dalio tell you to do
00:26:18 it, right? Gunlack tell you to do it. Even Scott Besson is considered a gold bug. There's lots of
00:26:26 very wealthy people, much wealthier than us, who put their money where their mouth is. Sprott,
00:26:33 you have David, what's his name? Bateman. David Bateman. Guys of a multimillionaire
00:26:40 buying it. Jim Rogers from Hot Commodities. He loves silver, right? And he'll say, look,
00:26:47 I've got enough. I'm not buying any more unless the price goes down. Well, listen,
00:26:50 if you put probably multimillion dollars into precious metals years ago, you don't need to
00:26:56 buy more, right? So it's kind of a silly question to ask a guy like that. But there's lots of people 0.77
00:27:01 who are excited about this market. And we just want to share that excitement with you. And then
00:27:06 as well, most importantly is making sure that you do it the right way. There's two ways to go about
00:27:12 it. There's ownership and there's non-ownership. One is a promise. One is actual hold in your hand,
00:27:20 physical gold and silver. If you can't hold it, you don't own it. So with all the things going
00:27:25 on in the world, it's nice to have a little bit of safety and know, hey, I've got something they
00:27:31 can't take from me. Some people might talk about confiscation. Look, we're happy to have that
00:27:38 conversation. Give us a call. We're not going to cover it in the next two minutes.
00:27:42 Not at all. No, but what we can cover is that we have the new fundamental drivers. It's a
00:27:48 remonetization of precious metals, a reevaluation approach. This is what you're going to wake up to
00:27:53 in reevaluation. You wake up to a higher number in your portfolio. We're not fixated at price.
00:27:58 We laugh at the price when the price drops, because right now the prices come from two places, London and New York, that probably don't have the metal. They do no mining. And we're so thrilled to know that the Silver Act, which is known for system integrity through license, vault expansion and resilience, an acronym for Silver Act, which is HR 8007, it's growing and gaining momentum in Congress.
00:28:24 And what this does, it provides competition, more and more exchanges for price discovery, more infrastructure of physical to eventually render the paper pushers, these futures and options and futures pushers, fractional gold pushers, and price manipulators, what they really are, deemed redundant, and we will have a true price discovery.
00:28:50 So this is around the corner. You have to support the mining companies because if you drop the market $3, they will not let go of the silver that is being used in military applications, in solar, in your AI.
00:29:03 Yeah, they'll just say, sorry, we're not selling it.
00:29:06 Your goal is to build out the data centers. You've gone all in trillions, and it's a potential bubble. You better get that silver. You better support the silver mining industry, which is why we're so excited about crawl, walk, run, do it the right way, buy the physical only. If this is wealth insurance, you need to get the physical, and we want you to give us a call so we can help you to do it the right way.
00:29:26 Yeah. And look, we start off the show by saying eventually the rubber hits the road. And it's true. The price can only go down so far before wholesalers say, we didn't buy any at that price. We're not obligated to sell it at that price. And you know what happens? Premiums start to rise. It happened in 2008 when it pulled back. It happened in 2020 when it pulled back. And it can happen again. There is a limit to how far down it can go. And that means there's a prime area where you're going to get the best bargain for it and still pay lower premiums.
00:29:56 Absolutely.
00:29:56 That's the type of expertise you get when calling and speaking to Guildhall Wealth.
00:30:02 Listen, it's been a lot of fun today discussing this with you, and we look forward to speaking with you guys real soon.
00:30:10 And we look forward to talking to you about precious metals here on The Real Money Show.