Rebel News Podcast - Middle East tensions, market chaos, and gold's BREAKOUT moment! ｜ SPONSOR

00:00:00.000 If you cannot hold it, you don't own it.

00:00:05.960 Central banks have been buying gold like crazy.

00:00:08.140 Value your wealth in ounces versus depreciating currencies.

00:00:15.940 Welcome to The Real Money Show.

00:00:17.500 My name is Jeremy Wiseman.

00:00:18.680 I'm joined by Jerry Coria.

00:00:20.460 And it's been a week of uncertainty, Jerry.

00:00:23.480 There's a lot of uncertainty regarding the conflict in the Middle East.

00:00:27.740 Peace talks are on their way.

00:00:29.280 We'll see what the outcome is politically in Canada.

00:00:32.520 There's a lot of frustration and, again, a lot of uncertainty overall.

00:00:37.080 And I feel like this is a good thing to talk about in terms of precious metals because we don't predict the future at Guildhall Wealth, but we certainly help people position for it.

00:00:49.520 And let's talk about all of the things that are uncertain.

00:00:52.540 Of course, along the way here, we'll discuss connecting the dots of things that we are seeing, for instance, redemptions in private funds, as well as central banks continue to acquire physical gold, and we'll give you a story on that.

00:01:09.860 But let's get back to this idea of uncertainty.

00:01:12.080 You know, Jerry, there's a lot of different narratives out there.

00:01:14.920 A lot of, you know, everyone seems to have an answer.

00:01:17.900 They know what the outcome is going to be.

00:01:19.760 Some people are negative about the outcome, that there's going to be a lot of money printing, the stock market's going to crash, very, very gray sky. Others are very positive about the future. They think we're on the verge of the Middle East peace, and that could mean prosperity and growth.

00:01:41.280 What's been your feedback throughout the week? And also, what's your take with regard to how gold should be navigating these type of waters?

00:01:48.560 Yeah, I think it's very important to know the role of gold and the why. I think when we see the trend of following the central banks around the world, around the globe, continually buying gold, the important reserve that is decoupled away from currencies that are uncertain, certain correlations have totally broken down.

00:02:11.160 the Canadian dollar used to be a commodity driven currency now that oil goes up the Canadian dollar

00:02:17.800 is going down bonds as well doesn't offer that diversification any longer which is why

00:02:23.080 even institutions like Goldman Sachs have allocated a position into gold for their clients

00:02:29.140 things have changed rapidly and in this change of dynamic gold is that fundamental gold is that

00:02:37.700 foundation where things change and uncertainty abounds gold is that certainty that people need

00:02:44.600 countries need even companies major corps you mentioned redemptions and we're gonna get into

00:02:50.840 that i think that's a huge one you want to have access to your funds and ultimately that's what

00:02:56.980 gold and silver physically owned unencumbered outside of the banking system provides to everyone

00:03:03.400 Well, let's talk about that in terms of redemptions because we're covering a lot of topics here. Over the past week, we had over $14 billion in private funds looking to get redemptions. About $7 billion were honored. And there were a lot of capital controls, effectively. There was a lot of blocking of people getting their money back.

00:03:27.360 And I'm sure I saw another one today. I'm sure there's going to be more redemption requests coming on board because it starts to feel like a bank run. I do wonder if there's a correlation between the Iran conflict and these redemptions as well. Like who is redeeming and why are they redeeming? What do they know? Do they know something or are they responding to emotion?

00:03:49.900 And I think ultimately, you know, gold doesn't necessarily depend on an outcome, but we are seeing these redemptions. So how does that play into precious metals? I noticed Turkey was selling gold. So gold is liquid versus equities.

00:04:07.260 yes sometimes so it is that the bottom line it's a liquidity mismatch there is lack of liquidity

00:04:14.820 and when they're when the system begins to crack the oil that started to spike we had oil spikes

00:04:21.980 we had margin uh tightening uh margin rates rising lease rates rising it is overall a theme

00:04:30.000 of deleveraging anything that was used as speculative financials and a lot of this

00:04:37.600 over speculation is being dried out so as funds are looking to sell assets you're going towards

00:04:45.660 the liquid so people are looking to you know institutions are selling like turkey look to

00:04:49.740 sell look to the most liquid asset class which is gold to raise some funds but overall they're

00:04:57.260 continually buying. They have said that they're going to buy into the next few months. So nothing

00:05:01.960 has changed. It's a move away from paper and into hard assets as collateral. As far as these

00:05:09.960 redemptions go, who would have thought? Who would have thought that these institutions like Goldman

00:05:15.480 Sachs, we have Morgan Stanley. Before it was private or smaller regional banks that had the

00:05:23.880 issue last year but now we have moved into the the the goose egg the golden goose eggs nothing

00:05:30.360 could go wrong with these institutions but no as soon as confidence cracks and the sentiment or

00:05:39.420 confidence dries up they want to take their money out bottom line and again these the idea of

00:05:44.480 sentiment is outcome driven and to find out that your your funds aren't available would you have

00:05:51.880 that issue if you're holding investment precious metal products versus having physical gold and

00:05:59.880 silver products could you have the same issues in in that market that's such an important question

00:06:04.940 i think and people need to understand that what guildhall does it's a one-to-one ownership you're

00:06:11.900 owning physical bullion gold and silver outside of the banking system but in your name you have

00:06:17.420 title ownership of these bars unfortunately for the system and people that thought they had

00:06:22.880 exposure to gold and had this wealth insurance that you're looking for liquidity they quickly

00:06:27.640 realized that there are there are also derivatives many financials and instrument financial instruments

00:06:36.500 in gold are overly printed the gold the physical gold to paper ratio is about for whatever one

00:06:45.720 ounce there's about 200 paper ounces available so or printed so they're way off and as far as

00:06:53.680 silver is concerned there's about three to four hundred paper ounces for every one ounce of silver

00:06:57.900 so you don't want to be the last one to try to get out of that system gold and silver you don't

00:07:02.900 have that issue remember gold is the largest market in the world which is what makes it so

00:07:07.900 so special bearing the largest market cap in the world and silver as well it's a large market

00:07:12.960 uh battling for about two or three spot on the on the market cap but you have the liquidity and

00:07:18.880 that's what it comes down to yeah i think that the the key thing here is that if you're invested

00:07:25.400 with a company a fund for instance and you're asking for liquidity there's a counterparty risk

00:07:32.020 and they have the ability to say no redemptions we need the funds and they they hold the cards

00:07:36.680 and they say listen that's the risk that you took on with physical gold i'm talking physical not an

00:07:42.800 investment, it's a universal asset. It's a very homogenous asset. You can take it anywhere around

00:07:48.400 the world and sell it anywhere. You know, people that have purchased product at a company across

00:07:54.520 the country come to our offices and sell it to us, right? They might buy from, you know, anywhere

00:08:02.000 around the country, around the world. And if it's LBMA approved product, you can liquidate it. And,

00:08:07.360 you know, if it's not with Gildall, maybe it's with someone else. The point is, is that it's

00:08:11.180 universal and you can take it anywhere versus there are investments where, you know, if you've

00:08:16.580 bought it with a particular company, it, you have to buy it and sell it with them. If it's a pool

00:08:23.220 account, you're buying and selling it with them. You can't take delivery from that. Or you, you

00:08:27.840 know, if you do, it's a arduous process to do that. So we have to be, we want to create a

00:08:35.820 distinction here or help people understand that there's a difference between investing and

00:08:41.960 ownership. When you own physical bullion, that's yours. It's universal. It's private. You're

00:08:48.020 keeping your sovereignty. You can take it anywhere around the world and you can sell it to multiple,

00:08:53.140 multiple dealers versus when it's an investment, you're bringing on counterparty risk. And we're

00:08:57.700 not saying that that's a bad thing. There's reasons why you would do that. Maybe to keep

00:09:03.680 liquid maybe you want to trade it maybe you don't want to pay those costs to get into an asset and

00:09:09.940 own it fair you know I explain it as hey well do you want to rent or buy that's right right if you

00:09:15.300 want to rent then you don't have to come up with a down payment so there can be lots of reasons and

00:09:20.140 lots of good reasons to have investments in the gold and silver area but I think the the core

00:09:25.880 foundation should be physical that is universal that you can take and sell anywhere of course

00:09:31.940 it's very liquid with guild hall as well and with guild hall we offer three ways to own physical

00:09:37.300 gold and silver you can buy it direct take it home you'll self-store it you'll have lots of options

00:09:42.620 in terms of selling down the road you can store it with us at lbma and irock approved accredited

00:09:52.120 facility now it's cirrock i think and it's fully secured fully insured you can easily liquidate

00:10:00.960 the product or buy more product on a phone call, whether you're in Canada or on vacation

00:10:06.240 or somewhere else in the world, maybe you've decided to move. We've got lots of clients

00:10:10.340 in different parts of the world now that call us up to sell some product here and there.

00:10:15.400 And we can also offer it within a registered account. And with that,

00:10:19.340 fully allocated, fully segregated, this is the key for both. It's held in a vault facility

00:10:25.600 outside the banking system. This is key. This helps keep your own sovereignty. This makes

00:10:31.680 sure that you have no counterparty risk. This is very important when you don't know what outcomes

00:10:36.060 are. This is a situation you can control. And we do that in registered accounts, a TFSA, RSP,

00:10:44.140 Lira, LIF, RIF. You hold the physical gold and silver. It's in the vault allocated to you. You

00:10:49.820 can go and visit your product. You can deregister it and take delivery, which we have taken home

00:10:55.140 clients do um you know they don't need their riff money so they say hey i'll take the physical

00:10:59.980 product or what i like they take out the the riff withdraw or lift withdraw and they put it into

00:11:05.460 their tfsa beautiful which is pretty amazing i love that they can do that or they take it out

00:11:10.380 and they i've had clients talk about taking the product out and giving it to their grandkids yes

00:11:15.180 so now we've got generational wealth and sell what you would like to sell as opposed to a riff

00:11:19.800 in another institution away from guildhall you would have to liquidate to get that cash withdrawal

00:11:25.620 that's the only option that you have whereas with us you can take the cash if you'd like option one

00:11:31.920 or option two a very unique thing is take the physical out in kind and we help you with the

00:11:36.800 entire process but i think jeremy going back to the whole redemption and this in the topic

00:11:41.640 i think the key takeaway is what we've noticed in the trend is there's more and more institutions

00:11:47.940 all of these institutions over the last two weeks there's there's a number of them um you know about

00:11:53.720 seven or eight institutions major ones and it seems like every single day it's a domino effect

00:11:58.540 a cascade of people looking to take their money out of the banking system we've seen that before

00:12:03.620 during the convoy where a lot of people had their was worried about getting their bank accounts

00:12:08.560 frozen but when we talk about keeping your metal your physical bullion outside of the banking

00:12:14.220 system. What does that mean? It's really about undigitizing your wealth. As Jim Rickards pointed

00:12:19.440 out years ago, he mentioned one of the biggest concerns and things that we need to hedge against

00:12:24.480 is potential hacks, potential freezing of accounts, people looking to get unbanked before getting

00:12:33.120 debanked or vice versa. Yeah. I had a client ask me today, we had a great meeting and he said,

00:12:37.660 let me ask you, what if they hacked into your computer system? Could they buy and sell my

00:12:43.100 metals right i said no because it's it's fully allocated in the vault this is a fully manual

00:12:50.260 system and it's the computer has no effect on it we're not trading in ones and zeros it's fully

00:12:57.540 physical and we're dealing in the physical realm i mean yes there's emails or whatnot but uh it's

00:13:03.300 all it's all purely physical all of the purchases you can't hack physical absolutely not it's sitting

00:13:09.200 there on the floor there is no freezing of those accounts if the lights go out after a while and

00:13:16.480 once the lights go back on and the power goes back on your bullion will be there as opposed to banks

00:13:21.600 not singling any bank out but it's all digital it's ones and zeros you've tried to take out more

00:13:26.840 than ten thousand dollars cash out of your bank you can't get it because the numbers that you see

00:13:31.280 there are just digital as jeremy mentioned ones and zeros binary code so it's all digital by

00:13:37.480 holding physical you are decoupling and de um i guess decentralizing your wealth away from that

00:13:46.500 system uh that is illiquid that is over leveraged in that we're seeing the cascading of events now

00:13:53.420 the big issue with those funds is that they promised liquidity but they've built it on

00:13:59.320 illiquid loans a lot of private capital um that are that is trying to be redeemed when too many

00:14:05.240 people want out at the same time. Jim Rickards mentions as well that would be called an ICE 9

00:14:10.140 event. We've seen the CME lockdown. They can just freeze your funds, and that's exactly what's been

00:14:15.640 going on. Imagine that you try to take your money out, and they say, nope, come back in two to three

00:14:20.160 years. And we are seeing the likes of BlackRock having to inject their own funds. They had to

00:14:26.340 actually inject 400 million of its own money to meet these demands, these A clientele looking for

00:14:32.780 their money right now well the cascade is happening the bottom line is with this liquidity mismatch

00:14:38.040 when the liquidity dries up which is the case around the world with turkey selling

00:14:43.880 it dries up in the credit markets and the playbook is always the same and gold reacts

00:14:51.180 either way you need more intervention more currency printing is on the way the helicopter

00:14:57.900 money is around the corner the federal reserve will need to cut interest rates sooner than later

00:15:02.520 actually i say they had to cut yesterday well even scott besant came out and said interest

00:15:07.440 rates should be lower exactly so ultimately more money printing is on the currency printing is on

00:15:12.680 the way and that's why this matters to myself and the staff on guildhall we want you to get in touch

00:15:19.320 to find out how you can own physical precious metals the right way outside of the banking

00:15:24.340 system and it's all broker assisted there's no buying and selling without your help without our

00:15:28.840 help we will be there for you to talk about the market and help you make the best decision on how

00:15:34.000 to allocate with a balanced approach and i think jerry beyond the illiquid illiquid liquid let's

00:15:41.600 just say liquidity issues beyond liquidity issues you have a lot of uncertainty right now with the

00:15:49.720 conflict in the middle east the political situation here in canada and i think people are emotionally

00:15:58.000 heightened right now. And I just want to remind our audience that gold is up over 900% in the

00:16:05.380 last 20 years. And in the last 20 years, we have seen, while gold has risen, there was a 10-year

00:16:12.480 bull market in gold where we saw a conflict in Afghanistan, a conflict in Iraq. We had the

00:16:20.240 subprime crisis. We had quantitative easing. And gold went from about $300 an ounce to upwards of

00:16:27.840 $1,900 an ounce. Then between 2012-13 to today, we've seen the everything bubble. We've seen

00:16:39.400 low interest rates, negative interest rates. We've seen continued money printing. We saw a pandemic

00:16:46.200 that led to, in Canada, the highest money printing per capita of any country. And the printing

00:16:53.700 presses have just continued. And now we have another conflict. And again, we don't know what

00:16:58.340 these outcomes are going to be. But through all of that, gold is up over 900%, silver's up over

00:17:04.360 700%. And these aren't investments, these are assets, because you can't control outcomes,

00:17:09.940 but you can control where you store your wealth. And clearly, over the last 20 years,

00:17:15.300 the trend is your friend. Now, the question here, Jerry, for the future, whether it's gray sky or

00:17:21.420 blue sky, which I'd like to move towards. Let's talk about some of the blue sky and the effects

00:17:26.260 on silver. But where are we at today? If prices are up 900 or the value of gold is up 900%

00:17:34.240 over the last 20 years, what kind of room is there to run moving forward, regardless of outcome,

00:17:40.500 good or bad? Yeah. Well, either way, I think you pointed out what's certain is that gold

00:17:46.560 acts as your hedge and acts as a performer when you position correctly in gold physically

00:17:54.380 and another thing that is certain is the printing press it's the same playbook they're going to do

00:18:00.100 in good times or in bad times if there is a crisis they print and if things are good it's usually

00:18:06.520 because of that printing press providing extra stimulus into every single market so where are

00:18:14.520 we headed. One thing's for certain, the U.S. Federal Reserve, which has the world's reserve

00:18:19.940 currency and everything is still priced in U.S. dollars, all rests upon their shoulders and laps

00:18:25.660 right now. The responsibility is theirs. They are caught between a rock and a hard place between

00:18:30.820 keeping rates higher for longer because of higher oil or cutting interest rates. And all of these

00:18:38.580 institutions right now that we mentioned before they require liquidity and when that occurs

00:18:45.320 they're going to be slashing interest rates i think this evening they're going to be announcing

00:18:49.580 the federal deficit and depending on that number there is a projection of bringing back the forecast

00:18:56.520 and projections for further rate cuts remember at the beginning of the conflict all of these fed

00:19:01.640 members reduce their expectations for interest rate cuts which is super bullish for precious

00:19:07.200 metals by the way it weakens the currency there was definitely a counterintuitive reaction

00:19:11.680 why do you think that was well in the metals market well when you have the the oil price

00:19:17.960 then the narrative is is inflationary when you have higher oil that means it's inflationary the

00:19:24.580 federal reserve has to get off their high horse and start and get to work which means keeping

00:19:28.820 rates higher for longer which is pushing the u.s dollar up and gold and silver as a trade is

00:19:34.520 negatively correlated to the u.s is to the u.s dollar so right now if you're newer to the market

00:19:40.600 silver and gold are not acting like this crisis hedge i mean it's coming to right it's coming to

00:19:45.100 life right now um it's acting like what it truly is though it's the deepest most liquid market in

00:19:51.980 the world and when uncertainty abounds when when countries need liquidity and they need funds

00:20:00.320 to to get by yeah they have to unfortunately sell their gold positions and repatriate get that gold

00:20:09.020 back into your possession and that's another trend that we're seeing is repatriating get

00:20:12.900 positioned in that goal well i mean we can talk about that i i think you know price is a real

00:20:18.800 driver of when people get into the market you see more people buying at higher prices than you do

00:20:25.120 through a fear factor of oh my gosh there's a conflict in the middle east i should be buying

00:20:29.380 gold you just don't see that you know by the microcosm of your desk true you just don't see

00:20:35.080 that you see people buy when the price is high they want to get into the market and if the price

00:20:39.600 comes down it can be disappointing but i want to i i remind people all the time it's it is

00:20:45.820 like they say in real estate it's time in the market you know uh there's been plenty of times

00:20:50.960 we've bought at higher prices and you know if everyone is buying at higher prices that's when

00:20:57.220 we are usually making more so we're buying it at higher prices but it never bothers me

00:21:01.200 and i tell i i tell people who are new to the market especially that you know because when

00:21:07.380 you're buying into the market you're always going to be price conscious and i was talking to a um

00:21:12.800 a client the other day i said you're not going to remember what you paid in 10 years but you'll

00:21:18.120 count how many ounces you have and what they're worth today right in 10 years so let's let's so

00:21:25.080 with that note, you know, that made him feel better. Let's talk about some of the positive

00:21:29.740 things. Let's say that things do end up positively in with Iran that there's that the peace talks are

00:21:36.360 successful, the straits open, there's prosperity, there's peace. What does that mean for the metals?

00:21:43.020 Is that bad for gold? Is it positive for silver? Great question. I think this couples into why the

00:21:50.640 why the forecast still remain the same for major institutions we have michael oliver still calling

00:21:56.800 the very you know the three to six hundred dollars silver price we still have forecasts for anywhere

00:22:02.260 from 10 up to twenty thousand dollars u.s per ounce for gold all of these projections still

00:22:08.720 remain and that's by the end of this year we have two important call options by the end of this year

00:22:14.220 that point to silver ending the year at 500 us per ounce and gold over close to 20 000 us per ounce

00:22:23.300 so the forecasts have not have not changed they haven't closed these positions they're still

00:22:28.700 they're still there because why because these institutions understand the next move the move

00:22:35.700 is to cut interest rates so you mentioned uh the situation in iran when that crisis subsides whether

00:22:42.500 it be a ceasefire deal or some sort of deal oil prices will drop and the federal reserve will be

00:22:48.440 free free from fighting that inflation the oil price hike as oil drops they are free to cut

00:22:55.740 interest rates and they're going to be cutting rapidly and printing rapidly but what this means

00:23:01.000 is it's inflationary and the u.s dollar could possibly hyper inflate and the that's not very

00:23:09.340 that's not very blue sky jerry it is though the next step to how do we solve that problem of

00:23:16.240 hyperinflating that currency you need to safeguard that currency move away from oil which is not

00:23:23.180 collateral and the discussion is and it's a serious discussion of backing the u.s dollar

00:23:28.820 with gold backing the m2 money supply with gold backing the debts with gold so back to the ratio

00:23:35.680 of where it once was so so what you're saying is is that if if the conflict is in the rearview

00:23:42.360 mirror then then the solutions to the monetary problems like the current monetary setup um

00:23:51.400 gets back on the table and we have to then reassess where that is because it really ended

00:23:58.360 in 2008 somehow you know they weakened at bernie's it i turned it into a verb um that they that they

00:24:05.960 were able to kind of kick the can kick the can make it seem like this system's still alive printed

00:24:10.760 money to back it and keep it afloat but it's reached its its end here and you've got to create

00:24:16.440 a new monetary system and we don't know what that's going to look like but with all these central

00:24:20.920 banks buying gold all roads seem to be leading there absolutely they continue to buy consistent

00:24:27.880 buying you have um turkey selling as you know as a result of their need for for liquidity but you

00:24:34.380 have the czech republic continually buying 36 consecutive month you have china going into the

00:24:40.680 market very deep uzbekistan um france just repatriated talk about that a little bit that's

00:24:47.320 a very interesting story and now when we think about taking profit uh france had gold stored

00:24:53.980 in the u.s fed in new york yep um and what did they do they wanted their gold back so they aimed

00:25:02.040 to repatriate or bring the gold back to france what did they really own in new york truth be

00:25:08.540 told the gold was actually rehypothecated a number of times which means that's speculation we don't

00:25:14.260 know for sure but they sold what they had yes they sold their position right and it generated

00:25:20.620 roughly 13 billion dollars in profit and what did they do did they buy some other share did they

00:25:27.660 invest somewhere else did they buy some land or did they invest in you know infrastructure for ai

00:25:34.120 no they went right back into gold they purchased their the profits they used their profits and

00:25:40.160 proceeds to purchase the physical gold from switzerland to bring it home so what does that

00:25:46.000 tell us they took their profits from this paper instrument. I'm going to say it. It was a paper

00:25:52.720 instrument that was in the Federal Reserve because their need to get the collateral back

00:25:57.940 within their reserves was of the utmost importance. Understanding that the currencies are going to

00:26:04.100 depreciate rapidly. It doesn't matter which currency you're in. All currencies are moving

00:26:08.820 down versus the ounces it's basically a replay of 1971 and charles de gaulle france said we want our

00:26:17.340 gold back and they said well we'll give you our dollars and then they turned around and said okay

00:26:21.860 we're gonna have to take those dollars and buy the gold with it so you know how else can you

00:26:26.400 speculate other than to say that for whatever reason they couldn't deliver the gold to france

00:26:33.160 and they were forced to give them the cash.

00:26:36.740 And then France didn't just say,

00:26:39.580 okay, we'll take the cash and divest it.

00:26:41.300 They actually bought the metal back.

00:26:43.700 And I think that that's a huge sign.

00:26:46.300 I mean, we know Poland wants to increase.

00:26:48.580 We know the central banks are continuing to buy gold.

00:26:50.800 That's fantastic.

00:26:51.960 It says a lot about they see where the future's going.

00:26:56.600 Maybe part of it is protecting their own sovereignty,

00:26:59.420 knowing that, hey, there's a lot of chaos,

00:27:01.120 A lot of counterparty risk out there. We talked about the wealth funds. They're feeling that too. If you own gold, you're outside the system, you have your own wealth, you're sovereign, you can now have a seat at the table to help make those decisions.

00:27:14.960 And I think it's very key. They're the smartest people in the world. You don't have to like them. I get that a lot of them are governmental, and we can all take issue with government. But at the end of the day, they understand what's happening to the monetary system, and they see the forest for the trees. And I think it's important for us to follow that lead as well.

00:27:37.440 On the silver side, I know we didn't get to much today on the silver side. But ultimately, if there is a good outcome from peace talks, and you have growth and prosperity, silver is an industrial metal. And ultimately, what that means is you're going to need the demand on silver is going to be immense. It already is six years of deficits, critical mineral list.

00:28:05.760 They're talking about putting a floor under the pricing, which would be helpful for any sort of manipulation that could be occurring in the market and help us get to true price discovery.

00:28:16.380 And I think as well, I know we've got just a few seconds left here, Jerry, but in terms of where prices are going, we're not yet in a price discovery place.

00:28:24.300 You know, people are trying to figure out where the price of gold and silver should be in dollars.

00:28:31.320 Right.

00:28:31.400 They don't understand that gold and silver are the ruler.

00:28:35.060 They are the measuring stick.

00:28:36.540 Once they can figure out, well, how many ounces of gold should it take to buy that?

00:28:40.640 Is it an ounce of gold to buy a suit?

00:28:42.840 Because I can tell you a Brunello Cuccinelli suit is not five grand.

00:28:46.700 It's more than that.

00:28:48.260 So you can start to say, okay, there's room to run here when you start to see it as the measuring tool and not the other way around.

00:28:57.060 So I think there's room to grow there before we even get to a price discovery place.

00:29:02.000 Right.

00:29:02.180 30 seconds, sir.

00:29:02.920 The participation is still down.

00:29:04.960 Silver and gold are very much undervalued.

00:29:07.540 And understanding when they start printing and cranking up the printing press, the money system cracks, the paper system cracks, and the flow out of the riskier assets will flow into a finite market of gold and silver.

00:29:21.380 a very small market in silver in fact which is the reason why bank of america is calling you know

00:29:27.440 two to three fifty for silver this year focusing primarily on the silver to gold ratio so we use

00:29:35.280 these metrics because unfortunately the measuring sticks are broken inflation measurements are

00:29:40.460 broken we don't know what the currency supply is but you get control of your money when you take

00:29:46.240 your money outside of the banking system you maintain that control the access the sovereignty

00:29:51.280 and you decouple your wealth away from the whipsaws of the day-to-day conflicts conflicts come and go

00:29:57.260 but your gold and silver will remain the same same for yourself and the future generations to come

00:30:03.540 yeah you you you can print as much money as you want but you can't print gold

00:30:07.660 ultimately gold is a safe haven it's got great performance and a long way to go so if you want

00:30:15.260 to own physical gold and physical silver, contact Guildhall Wealth. We'll show you how to get

00:30:20.040 involved in the market, whether you want to take it home or store it or even put it as part of your

00:30:24.740 retirement portfolio. That does it for another edition of The Real Money Show. Thank you so

00:30:29.140 much for joining us. Can't wait to speak to you soon.

00:30:31.480 catch the real money show here on rebel news saturdays at 1 p.m if you've missed an episode

00:30:45.400 you can also catch the real money show on our youtube channel at guildhallwealth or follow us

00:30:50.480 on spotify and follow us on twitter as well um the number again 1-877-8-SILVER the website

00:30:57.420 guildhallwealth.com learn how to have physical gold and silver in your portfolio and we look

00:31:02.600 forward to speaking with you soon

Rebel News Podcast - April 11, 2026

Middle East tensions, market chaos, and gold's BREAKOUT moment! ｜ SPONSOR

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