Rebel News Podcast - December 27, 2025


SPONSOR | The gold and silver reset has already begun


Episode Stats

Length

30 minutes

Words per Minute

184.71953

Word Count

5,676

Sentence Count

7


Summary

In this episode of the Real Money Show, host Jeremy Wiseman and his co-host, Jerrod Karaya, discuss the fundamentals of the gold and silver markets and why they think silver is undervalued compared to gold and why gold is the best hedge against inflation and depreciating currencies.


Transcript

00:00:00.000 welcome to another edition of the real money show thank you so much for joining us today on the
00:00:11.740 show we're going to cover basic fundamentals in the market and questions that we get a lot
00:00:17.220 from our clients in the market at guildhall we focus on actual physical precious metals
00:00:24.040 we don't do paper investment vehicles and we'll do some comparison on that and we deal also with
00:00:32.840 helping clients to own actual physical gold and silver in their registered accounts and we're
00:00:38.700 going to show you exactly how that works my name is jeremy wiseman i'm joined by jerry karaya jerry
00:00:43.560 how you doing this holiday season not bad how are you jeremy i'm very good very good so back on rebel
00:00:48.840 let's start with very quickly a review of the fundamentals why own gold why own silver
00:00:56.480 at this point in time well i think we have the fundamentals are still at play the old legacy
00:01:02.220 fundamentals as we always have done guildhall has been around since 2002 and um hosted the radio show
00:01:08.600 since 2000 uh 2008 so 16 years talking about the same thing we talk like a broken record
00:01:13.900 and uh that the fundamentals have always been currency debasement which is inflation supply and demand
00:01:20.960 and geopolitical risks and concerns so those are the four pistons and the four fundamentals or pillars as
00:01:29.060 we as we call them that support the market that support the cause and the why ownership of physical
00:01:37.260 we don't deal with proxies proxies add counterparties or layers of risk things like certificates there has
00:01:46.100 to be someone to give you the cash value of that or an etf or a pooled account all of these things do
00:01:55.260 not give you the titled unencumbered ownership what we provide to you at guildhall is direct ownership take
00:02:03.020 it home put it in your put dig a hole put in the ground and and the fundamentals have played out
00:02:08.980 nicely over the last 20 years gold's up uh in canadian dollars 900 silver's up about 800 we still think
00:02:16.120 silver is incredibly undervalued hopefully we'll give a little bit more reason on that uh throughout
00:02:21.080 the episode today and of course we think there's a lot further to go and one of the things that you'll
00:02:25.800 you would you would notice or we try to explain to people um is that it's not that gold has risen
00:02:33.620 it's that the currencies have fallen your purchasing power has gone a lot less over the years than it
00:02:40.560 really should be and that's that's both taxation and inflation i was talking to a client the other day
00:02:47.320 jerry and i was saying you know if you've made a couple hundred thousand dollars a year for 20 for 10
00:02:51.980 years you've you've given 800 000 to the government over a 10 year period i mean imagine keeping some
00:02:58.740 of that that's one of the reasons why we love the rsps because if you can save some of that money back
00:03:04.900 and make it work for you uh defer those taxes you'll be happy to pay those taxes later oh right you know
00:03:11.620 some people will say as well jerry to jump into this uh maybe a pricing conversation but also this is
00:03:16.940 what we do with with registered accounts is people will say well i don't want to pay the taxes that
00:03:23.180 i've deferred right but if if you ask them would you rather make a hundred thousand dollars or five
00:03:31.280 hundred thousand dollars the answer is always well i'd rather make five hundred thousand dollars
00:03:35.200 like you're going to pay a lot more taxes on that sure right well this is why having gold and
00:03:40.540 silver in a portfolio is so great because it it doesn't pay a dividend i know it doesn't give
00:03:47.960 you interest you have to pay to store it but there is a finite amount of it yeah you need blood sweat
00:03:54.600 and tears to take it out of the ground and it is de facto money it is has always been universal money
00:04:02.140 which is a store of value and it's been around for thousands of years and so if the currencies can be
00:04:09.740 printed out of nowhere and the currencies can just continue the debts can continue to balloon then
00:04:15.060 you want to have this asset that counters that that's right my background is in currency so i view
00:04:20.040 with that lens everything is denominated in a currency and there is a great chart at goldprice.org
00:04:26.700 where you get to see what gold has done what silver has done over the past 15 years versus every single
00:04:33.080 major currency and gold has protected it's been your hedge against currency purchasing power loss
00:04:38.380 on average about 11 to 12 per year now this year we're fighting back because silver is up
00:04:43.680 approximately 120 and gold is sitting around 66 higher all supported with fundamentals the fundamentals
00:04:50.800 are now being remonetization revaluation scarcity driven growth industrial and monetary convergence silver
00:04:59.660 is being reintroduced as money gold is going into tech and aerospace and military applications and it's
00:05:05.880 moving from hedge to growth catalyst and it's you know it's very wise to start converting and seeing
00:05:12.700 you know valuing your wealth in ounces versus depreciating currencies that would be my message
00:05:18.140 because you know there was a a mba a stock guy his name is graham summers of game pains capital he
00:05:24.900 recently wrote that people like to point to stocks especially today as signaling that everyone is
00:05:30.620 wealthier and i heard of us uh what he's financial planners in toronto on bay street telling we're
00:05:36.640 just you know we're happily up a lot of us in this room are up a lot in a performance of doing really
00:05:42.720 well in stocks but those in the lower lower half of the consumer base they're struggling because of
00:05:47.180 inflation that's what he said i remember you telling me this in the office he was saying well you know
00:05:51.520 there's a headwind that there's basically there's lucky ones there's the wealthy ones and the headwind
00:05:57.280 is that that those who haven't been able to keep up aren't doing well right but with you know with
00:06:03.300 guildhall you can buy a 10 ounce bar of silver every month we have a monthly buyer's plan but here's the
00:06:07.580 point according to the charts the smp is 500 is up up over 400 percent over the last two decades
00:06:15.820 however stocks again are priced in u.s dollars and thanks to the true state of inflation not the cp lie
00:06:24.460 the u.s dollar has lost over 40 percent of its purchasing power during that time of the last 20
00:06:30.940 years and when you price stocks in gold which cannot be devalued or printed the smp 500 is down
00:06:40.380 actually is actually down since 2006 so gold has outperformed the smp gold has been a safer play
00:06:48.700 you're not chasing the the winning pick and it's what central banks are doing we want to become our
00:06:54.360 own central banks and build your own reserves outside of a digital banking system i i think
00:06:58.780 the biggest challenge of course is going to be the cost sure you know um there is a cost to buy
00:07:05.660 physical gold and silver and there's other options out there for you know some i'll always be talking to
00:07:13.420 clients and and uh this will come up a lot because you know price is always um we like when people are
00:07:19.460 price conscious we want them to be price conscious and they'll say oh can i do it can i do it less like
00:07:24.840 what what can you do data and you can do it for free you won't own anything but there are etfs that
00:07:31.680 you can't take delivery of there's pool accounts you can't take delivery of there's gold backed funds
00:07:36.860 you can't take delivery of i'm talking you have to be a very large client almost institutional buyer
00:07:42.300 to be able to have access to take delivery yes these vehicles aren't meant for you to take delivery
00:07:48.200 they're meant to put assets on the financial institution's balance sheet you pay for it uh but
00:07:55.000 you don't get access to the product so you own nothing and if you want to have an insurance for
00:08:01.560 your portfolio you actually want the asset and so yes you're going to pay for that but the reason
00:08:07.720 you're paying for that is because it's a retail product so let me just walk walk you through what
00:08:11.880 that means let's take royal canadian mint as an example they have to source this material raw from
00:08:19.240 a mine refine it to 99.99 percent purity i get the point right you think so okay that's almost 100
00:08:26.800 percent and and then they have to fabricate it into some sort of bar or coin they have to package it if
00:08:35.020 need be right maples get packaged on the silver side gold bars get packaged gold coins get packaged
00:08:41.540 now it's got to go to a wholesaler who's going to then store it they have to get it to their
00:08:49.020 properties shipping and then they have to ship it to their retailers and diesel has gone up over 400 to
00:08:55.100 60 well we hope oil goes down we hope that goes down but um we're very positive that way um now however
00:09:03.860 the fact is is this is no different than cotton being turned into a t-shirt lumber being turned
00:09:10.760 into a desk uh your your favorite uh chocolate that you know into all these ingredients are put
00:09:18.200 together packaged wholesaled and then you're buying it at a gas station or shoppers drug mart so the fact
00:09:23.700 is is that these these things are fabricated and they move and they've touched all these hands and so it
00:09:30.660 is a retail object that you're buying and then once you own it now this is a difference okay think about
00:09:35.960 real estate you you buy the property let's say it's a million forget the new taxes uh and right and then
00:09:45.420 but you pay your agent you pay the land transfer you pay uh the lawyer fee then there's all of the
00:09:54.100 other incidentals that go along with it but a million dollar property might cost you one a million
00:09:58.780 seventy right you don't think about it you're fine with it why because you know it's going to rise in
00:10:05.780 value you're happy to hold it for a decade plus etc and so you figure well it'll all be absorbed in the
00:10:14.060 long term and that is absolutely the case you can't be price conscious today knowing where the market can
00:10:21.100 head in the next five years that's correct and we have to be very cognizant of who is buying as well
00:10:28.020 who is buying physical precious metals countries are buying physical precious metals i mean the
00:10:33.660 retail market has gone a little quiet because let's put it frank frankly you know the average
00:10:40.020 household is under a lot of financial stress so that has slowed down that has slowed down quite a bit
00:10:46.560 the buyers today in the precious metal space in the sector globally are the sovereigns countries and
00:10:52.740 central banks they're buying regardless of price they have made it their the goal and it is their
00:10:59.280 strategy of buying and acquiring physical especially silver regardless of price and if it's good for
00:11:05.900 them if it's good for millionaires like david bateman and others to buy physical not the proxy because
00:11:12.440 central banks in their countries require physical for two main reasons alone liquidity and to decouple
00:11:20.940 your wealth outside of debasement of currencies the digital banking financial system
00:11:27.200 banking holidays blackouts you know who knows so you want to buy something that you have in your
00:11:33.480 possession now what what should someone buy jeremy whenever you talk to someone and they're saying
00:11:39.360 well what should i go with coins or bars gold or silver what type of conversations are you having
00:11:45.880 right now well the first thing i i always recommend is is not all gold and silver is created equal
00:11:51.720 you want to stay away from uh niche mint uh sorry refiners like jerry's like jerry's bullying exactly
00:12:00.520 you you want to go with the world's largest most recognizable brands um there's there's about 66 gold
00:12:09.960 brands that are regulated to source ethically refined to the proper purity fashion to the proper weight
00:12:17.200 and can handle global business and what that means is is that you may pay a little bit more for this type
00:12:24.360 of product these globally respected and well-known brands and that's all we deal with at guild hall
00:12:30.400 but when you go to sell you're opening up your options it means you can sell it basically
00:12:36.820 absolutely absolutely anywhere right um you know your your coin dealer your bullion dealer your bank
00:12:44.000 anywhere in the world they're going to recognize that so like royal canadian mint for instance uh
00:12:49.460 perth mint all of those type of things uh valcambi pam these are types of products that we offer so
00:12:54.900 that's going to be number one you have to buy the right type of product number two it really depends
00:13:00.580 um on the situation so we really believe in crawl walk run start small build up and let's say that's
00:13:09.080 something that you want to take home with you tube of silver maple is great perfect right maybe even a
00:13:14.640 monster box if if you're you have the budget for that um we like one ounce bars of gold because those
00:13:20.740 have the lowest premium and the best turnover rate when you go to sell it down the road right
00:13:24.860 right right exactly if you're if you're a prepper and i know that many of our clients have been um and
00:13:31.040 have been programmed into thinking that they need to you know preserve and have something just in case
00:13:35.600 you know a number a massive number of our clients have came on board recently work from from common
00:13:41.520 former communist regimes and they want to buy coins they want to buy silver coins we understand and we
00:13:46.500 don't scoff at the idea that you may have to prepare for a mad max type scenario but if you're also an
00:13:51.340 investor who is cognizant and worried about okay let's lower averages let's get more ounces for my
00:13:58.040 dollar you go with larger bars because going back to the premiums and fabrication it costs more to make
00:14:04.980 a maple and the artwork that goes into the coin but we're not doing numismatics we don't do
00:14:11.120 collectibles at guild hall where you have to be very concerned about touch you can't touch this or you
00:14:16.520 can't scratch that these are bars goes to the back of the safe you know liquidity is key as long as
00:14:22.460 you're buying yeah the you know major refineries and that's what guild hall brings to the table we
00:14:26.760 will not give you product that's going to compromise your wealth insurance you don't compromise in other
00:14:32.680 forms of insurance car insurance how home insurance lifer insurance you get the full policy
00:14:37.120 so with guild hall you you get it done you get it done with the product and you get it done the right
00:14:42.260 way there's a right way of ownership as well that's right and so within registered accounts
00:14:47.060 we do gold with serial numbers so we're looking at one ounce bars 10 ounce bars kilo bars and then for
00:14:54.920 silver we usually want to go with 100 ounce bars of silver kilo and kilo bars of silver yes so the
00:15:01.080 100 ounce bars really give you good economy and the kilo bar is close in price to the 100 ounce bar kilo
00:15:08.620 being a thousand grams 32.15 ounces and so that helps you with some of the liquidity you mentioned
00:15:14.740 liquidity before and that's really the big difference between owning a property asset and owning bullion
00:15:20.900 asset is yes there's a cost to buy into the market but it's liquid that's right right when it comes time
00:15:26.120 to sell your gold and silver it's automatic yes and i think the other thing about what's really unique
00:15:31.660 about the registered accounts is that you can deregister it and take delivery so every year
00:15:38.340 we have clients who have riffs and lif accounts and i think it's great that if they don't need the cash
00:15:45.520 they're happy to take delivery of the product yes whether it's because they're they're giving it to the
00:15:50.700 kids right they're giving it to the grandkids or they're just not ready to sell yes right so they're
00:15:56.580 moving the product from their riff account and they can either move it into a tfsa they can take
00:16:02.240 delivery of it or they could move it into a vault account with client all which is moving it into
00:16:07.540 private hands non-register respect so there's there's optionality there which you know you don't get that
00:16:13.280 type of option when you're holding a stock no it's sell and and go you can't take home that that stock
00:16:18.980 receipt or the stock certificates like wallpaper put up on your wall that's right so um let's talk about
00:16:25.120 the one question we'll often get is why guild hall why not why not go to the bank i mean we're if
00:16:31.620 you're if you're selling the globally recognized products then everybody's selling the globally
00:16:36.720 recognized products why guild hall yeah it's it's a very good question one that i want to get out of
00:16:44.840 someone when they approach us because i always believe transparency builds trust we believe that
00:16:50.580 that's our philosophy and you know cornering those of those objections is very important we want to
00:16:55.560 pull that out of you so why guild hall and what i found is we're a family-run business we're a privately
00:17:00.980 run organization we're not a bank we understand your concerns i mean we we were around for a very long
00:17:08.800 time and we were the pioneers that put the ability for you the canadian to actually own physical
00:17:16.220 precious metals within an rsp we partnered with a firm a self-directed rsp online brokerage to do that
00:17:25.440 and what you're getting is titled ownership segregated allocated serial numbers the right way there are
00:17:32.980 nine storage requirements and we hit them all it was jim sinclair who put that together and you want
00:17:38.520 to get our investor kit to find out our philosophy get the ways to get the gold and silver whether it be
00:17:44.380 to take it home buy direct deliveries or even put it into a registered plan it's been a very busy season
00:17:50.780 because it's rift season yeah people are removing physical because they're cognizant that the purchasing
00:17:55.860 power in the loonies three five years from now to be buying much much less well i think it's not just
00:18:02.100 you're protecting i really think it's about the generational opportunity here of where gold and silver
00:18:07.580 are being revalued to yes it's a really exciting opportunity it shouldn't be something where you
00:18:12.920 know i i i'm really disliking these days this idea of like yes i know you're going to hold it for
00:18:17.640 inflation but it's not about the defense side of it it's about we talked about right at the top of
00:18:22.700 this show that you've given so much to taxes how are you going to get it back you need to make it back
00:18:27.280 somehow that's right here you have an opportunity with these assets that have been suppressed for a very
00:18:32.400 long time and that's ending globally and there's all these moves happening around the world you know
00:18:37.760 check out the real money show to to find out on a weekly basis but to to talk about why guild hall
00:18:43.840 over other other firms or at the bank one of the big things is that we do have these discussions yeah
00:18:49.960 that we talk to clients and we tailor to work towards their needs right when are you going to need
00:18:54.520 the product how much liquidity do you need is it a short-term thing do you want to buy a house in a year
00:18:59.800 you know you just sold a house and you want to get jump back into the market a year from now what
00:19:04.280 type of product should you buy i'll have people who will will say i want to do all maples in my tfsa
00:19:10.540 or something right as an example and you say so you're going to pay two dollars more an ounce
00:19:15.940 you're not going to get allocation you're probably not taking delivery why not do 100 ounce bars and if
00:19:22.940 you need those maples down the road you could pay the difference swap it and swap it then yeah oh that
00:19:28.440 sounds great let's do it so it's that type of understanding experience knowledge and also
00:19:33.860 caring about the the client and one thing that i forgot to bring up yeah my guild hall wealth
00:19:38.700 and i think that should be the number one question that you ask if you are looking for a trusted
00:19:44.140 precious metals dealer yeah we were the first back in 2015 to put together the rsps the physical
00:19:48.760 precious metals rsps we've been around since 2002 and we're private but we don't borrow from the banks
00:19:54.800 and when people ask well what happens if guild hall goes down well why would we go down
00:20:00.600 a company goes down because they have debts they have liabilities to the bank the banks can change
00:20:06.620 the capital requirements the margin requirements really quick and they can call that loan instantaneously
00:20:11.400 and because we do not borrow on consignment everything that we own at guild hall whether it be the precious
00:20:17.240 metals or the natural fancy gold diamonds we have under ownership we also own some crypto as well
00:20:22.640 you know we have other things we have growth potential so gold and silver with guild hall we
00:20:29.340 want to position you for the new fundamentals and you know set up that hedge especially if you don't
00:20:34.740 have precious metals right now set up that hedge but it's moved from just wealth protection you want
00:20:39.880 to position for that growth catalyst that's what it's going to provide your portfolio and ultimately
00:20:44.680 the thing is is that when you own physical gold and silver there is no counterparty so if it's in the
00:20:50.640 vault it's yours we don't have a claim on that whether it's um through a depository account or
00:20:56.300 through a precious metals account uh with registered accounts we don't have guild hall doesn't have a
00:21:01.640 claim on that so the product remains at the vault and you would need a new custodian and either brinks
00:21:07.980 would give you a new custodian because we work with brinks um the custodian of the registered accounts
00:21:13.280 would then either take it over or provide a new custodian the fact is is that it's your product it's
00:21:18.900 not we had don't have a claim on it um there's no reason to end up cashing clients out yeah so let
00:21:25.620 let's move on one of one of the things because that that leads to another question which is confiscation
00:21:30.660 which is a question that we'll often get well won't the government take it from us
00:21:34.880 and i'll start off please do um i find that funny because i always like to frame the question with
00:21:42.160 they take 35 to 45 of your income tax they charge you after tax here in ontario hst 13 and then there's
00:21:51.580 the hidden inflation which is probably eight nine percent when they say it's two percent so they got
00:21:56.960 you for almost 60 or higher and you're worried about them confiscating actual physical assets and
00:22:03.480 then in the meantime the price is rising and if you don't own it you're not gonna own it you're gonna
00:22:09.600 own nothing and i don't think you'll be happy so or you're just rising is satisfied with the yield
00:22:15.340 right but the price rising is a confiscation yes if you're not getting into the market there's nothing
00:22:21.200 to confiscate you confiscated yourself yes they they allowed the price to rise to a level where you said
00:22:28.180 no too much yeah too too too too much uh flavor for me too expensive so and what did that what ended up
00:22:36.460 happening you didn't own anything yeah well it worked you know they've been on a the the powers
00:22:40.860 that be you know the bankers oh you want to call them they want to keep you away from physical sorry
00:22:44.820 by the way in 1933 when they did it yeah only 30 percent of the people complied non-compliance we
00:22:53.320 know all about with the threat of going to jail 30 percent yeah said okay i trust the government
00:22:58.600 you're backing our currency very different time basically no income tax at the time very different and
00:23:05.260 all of a sudden the you know 30 said i believe 70 believed in the american system that said no
00:23:12.080 you're not taking my guns and you're not taking my silver you know it's private wealth it remains
00:23:17.660 private wealth to this day yes this has been you know under attack the ownership side of things we
00:23:23.460 know that they want you to own nothing and you will somehow be happy and since the 70s or the 60s when
00:23:30.020 they remove the silver standard and they remove the gold standard there's there's been a tremendous
00:23:34.360 campaign to keep you away from gold physical gold and silver ownership saying it's too difficult
00:23:39.760 who's gonna buy it who's gonna sell it gold and silver the most liquid markets gold is the largest
00:23:44.760 market globally market cap traded around the clock around the world silver as well number five passing
00:23:49.980 microsoft recently but you have liquidity in the market but since the 70s it's worked to the to the point
00:23:58.120 where in north america less than two percent of the population own any physical precious metals so if
00:24:04.380 they do decide to confiscate they'll end up with nothing and the fact of the matter is the government
00:24:09.340 has already showed their hand they've already passed a bail-in law where if your money is just
00:24:15.360 sitting there in a banking system catching a three to five percent yield because that's safe for you
00:24:20.200 and it's beating inflation which is not inflation's closer to double digits so you're actually losing it
00:24:25.940 after one year the bank's bail-in clause how can they just bail in money of course we went back and
00:24:32.000 forth with some lawyers is not in black and white well which account are they going to bail in jerry
00:24:36.380 they're not going to tell you which bank account they're going to use you won't keep your money in
00:24:40.140 that bank that bank account if they told you where is the rsb whereas if it's for example in a registered
00:24:45.140 account and it's physical it's held in a vault facility outside the banking system this is not ones and
00:24:52.580 zeros it's not paper it's not in the computer and this is something that actually when it comes back
00:24:58.220 to the cost of doing business we also have to explain that these are manual trades right we're
00:25:03.100 manually going to submit that to quest trade their team's going to work on it that's who we work with
00:25:07.660 and then they're going to submit that to brinks and then the the workers at brinks have to physically
00:25:13.980 put it into a vault record the serial numbers put it into put the zip tie on it put it up on the on
00:25:19.640 the shelf in gold they put it into a segregated safe that's a vault inner vault and they need two
00:25:25.480 two people with two keys it's like um it's like um uh the hunt for red october you know 100 and um
00:25:34.000 so there's a lot of work that goes into making sure that you own the product and have access to the
00:25:39.980 product it's a lot of work because you do have to deregister it to take delivery which you can but
00:25:43.800 which you can and if you've made a lot of a lot of money in it you know it's it's relative yes right
00:25:49.340 we'll have people we'll talk to them they'll say oh i don't want to pay the the taxes to the
00:25:53.720 government but what do you what do you have 100 000 okay so you don't want to pay 30 000 to the
00:25:58.520 government that's right okay make 130 sell it when it's worth 130 then you can pay the taxes and you
00:26:05.440 still get to net 100 yeah how's that sound oh yeah i had a conversation so let's talk about where
00:26:10.560 it's going we've got just a couple minutes left so let's talk about where gold and silver are headed
00:26:14.700 um we don't necessarily look at price we're looking at value and the way you can ascertain that
00:26:23.520 is you want to look at how much gold and how much silver does it take to buy blank so for example
00:26:30.080 in prior bull markets the gold market peaked at one to one against the doubt doubt in 1980 doubt
00:26:38.460 traded at 850 points gold traded at 850 that's a one to one ratio in 2011 this the dow was coming
00:26:48.300 off its lows that's right and we hit a four to one ratio today we're currently i believe around 11 to
00:26:56.180 one ratio okay so we have a long way to get down to one to one or even four to one so there's a lot
00:27:03.220 of room to grow another is uh property how much how many ounces of gold should it take to buy a house
00:27:09.560 forget what the price of the property is how many ounces of gold should it take what what should my
00:27:15.220 income be in gold comparatively over the decades right and then you also look at silver and you say
00:27:23.020 okay well what's the what's the historic ratio oh it's 16 to 1 they pulled out 16 ounces of silver
00:27:28.360 for every ounce of gold what are they mining it at eight to one right now right well what's the
00:27:32.740 current rate as we record this episode it's 68 to 1 67 yeah 67 we have a long way to go to get into
00:27:41.440 the ballpark of 16 to 1 and so we want to look at all of these criterias together and then as well as
00:27:50.400 price to start to triangulate the following and this is going to be a big takeaway for the entire
00:27:56.900 episode which is how do you know when you're done how do you know when you should sell the majority
00:28:01.220 i believe you should always keep some of it yes right you're never going to sell all of it but
00:28:05.160 what how do you know when it's over right those criteria you're going to look at all those different
00:28:10.620 ratios and see that it's fallen into a nice territory and then you also want to say what's resolved
00:28:16.820 true has inflation come down significantly meaning are you paying 40 50 to fill up your gas tank
00:28:23.920 this type of thing yeah uh is there more money in your pocket are you saying hey sweetie let's go
00:28:28.880 on those vacations that we've been missing the last 10 years it's getting better hey you know what i
00:28:34.120 feel like shopping for jewelry you know i feel like giving i feel like hey let's all go out for dinner
00:28:39.640 these type of things this quiet like tightening of the belt that oh oh go do all of these things is
00:28:46.960 only for for lucky people right right no once you start to feel yeah i feel like these things are
00:28:53.000 resolved i'm not saying we need world peace but a semblance of it um would be nice but again yeah
00:28:59.900 inflation the stock market's rolling where you don't feel like well look at these valuations they're
00:29:04.780 massively high i don't feel comfortable buying these stocks with uh you know that the valuations are way
00:29:11.460 way too high so uh jerry we got about 20 seconds left i'm sorry i took a little bit of time no i think
00:29:17.020 what are your final thoughts well yeah to know where we're going we have to use these cycles we have to
00:29:21.380 use the ratios that have surpassed the data that i think the data that we use is is junk i mean the
00:29:27.880 cp lie amongst other things we cannot use these metrics we have to go back to historic metrics the
00:29:33.840 silver to gold ratio and we follow technicals and cup and handles are still alive uh the 160 year
00:29:40.020 cup and handle the 50 year super cycle chart that suggests gold and silver have tremendous top side
00:29:46.640 potential based on the charts but we also have to add in with the fundamentals to know who's buying
00:29:51.340 india's remonetizing silver india's pretty much cornering the silver market and they've just allowed
00:29:57.620 the people to own gold and silver in their pensions so things are happening gold and silver are the future
00:30:04.400 for the financial system we're going to be seeing a remonetization to potential revaluation very soon so you
00:30:12.000 want to be a part of that thank you so much jerry uh again my name is jeremy wiseman we are coming to
00:30:18.380 you from guildhall wealth working with rebel news here and we hope you enjoyed the show on the
00:30:23.940 fundamentals of gold and silver and a little bit about how to acquire it for yourself directly as
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00:30:42.080 you soon on the real money show