It goes far enough back that it that we're all programmed to use money
and we are programmed to see gold and silver as the money.
So when there is a panic that is where people go.
Not even because they're thinking about it, that's just because that's
what they do.
So if you want to have any do it before the rush because once the rush
happens, you're not getting any.
Well, what's happening is, what happens in any Market, where you have
premiums in different direction.
Always follow the money and commodities go where you get paid most for
them or any product goes for the prices highest, which is why certain
areas bit up, prices of whatever, I mean, because they want more of
it.
So right now, the the prices are high in the in the physical stacker
markets, you know, and coins because the the premiums for a coin for
90% silver.
Junk silver, I think is still around 45%.
And they've come down from about 50 since since, I guess a week ago,
two weeks ago, something like that, but it's still higher than 2008,
the peak of 2005 financial crisis.
And, and silver eagles are still about 65 percent instead of 75
percent still higher than the financial crisis.
So yeah, they'll come down as the spot price comes up, just because
the prices of physical coins, don't move as fast.
There's a little bit of a lag.
So what I what I've noticed is that over the past, let's say since
2000 2006 and like that whenever the price of silver or gold Falls,
then the the supply in comex in New York tends to fall with it.
The registered Supply especially tends to fall with it and when the
the, the price of gold rises again, then the Spy tends to rise.
I mean, there was there was one big exception.
Option to this.
And that was the, the Mars 2020 lockdowns, for whatever reason.
You know, they just fly just started like pouring into New York and I
think that was a function of the lockdowns and I can't really explain
exactly what was going on.
I don't think anybody really can, but aside from that, it's it goes
up.
It goes up with the supply, goes up with the gold price and down, and
down with the gold price.
That's that's generally what happens.
So what I'm looking for now, is if gold and silver are headed back up
for the longer term, for let's say, this is a set.
Month Trend, or even several years, several year Trend if we last that
long and its monetary system.
I don't think we will.
But if we're on a trend, what's gonna happen with the supply?
Is it going to stay?
Is it going to go higher?
Or is it going to stay low or meaning, are the stackers going to keep
bidding up the, the physical prices.
So that the, the supply goes out of the, the big, the big collections
in New York and goes to the little tiny stacker vaults, wherever they
are in the world.
So I'm looking
at the, I'm interested to see where
The supply goes now and so far it hasn't gone up as gold.
And silver have risen over the past two weeks.
They've said they're still drains coming out slower, but it's still
happening.
So I want to see that continue and that means that that the stackers
are not, you know, selling or trying to make a buck.
They're just they just keep buying.
That's what I want to see what we'll see, if that's true.
We don't know yet the totality of of everything that they are doing.
Doing is certain that I mean the bailouts of 2020, giving everyone
checks and telling them they couldn't work.
That's all you.
That's all you got to know.
I mean, I mean I was listening to to Neel Kashkari the the most dovish
of fed guy in the fomc.
And he had, he had a, you know, a softball question from one of the
guys in the audience.
Think he was in the University of South Dakota or something and
saying, do you think you'e affects prices and
No, I don't think so.
I think it's a is demand when you have too much demand, not enough
Supply, that's what causes prices to rise.
I don't think he has anything to do with it.
I'm not sure if you actually believed himself or if he just, he's just
saying that it could be either.
I mean, I think the guys crazy, I mean, it could be but just look what
every every currency that's ever collapsed.
You see that it's the same.
Curve, it's the same curve.
It's is the exponential curve and they try to get off of it, you know,
every now and then and when they try to get off of it, you have a
financial collapse and you got to go right back on the curve.
So you just just it's the same with the money supply.
Now, the money supply is now, it's now slowing down, right?
There's no more expansion in the money supply, at least not since
April, May something like that.
So a pyramid that, that that
I was by growing and growing and growing.
When you stop growing, then the pyramid will fall over eventually very
soon and then they'll have to print again.
So what are the what's the fit doing?
What is the Fed doing that?
Caused the 2008 financial collapse?
They stopped Printing and then there was a collapse.
So what are they doing now?
They have stopped.
They have basically stopped Printing and it's going to cause another
collapse and when it does there going to go vertical again.
So,
The question is how a vertical or they going to go?
Because people in 2008 thought that was vertical but it wasn't in
2020.
I thought maybe this is it, is this it it was it was you know, started
to go vertical.
Then it stopped again.
Is this one going to be it?
I think it will be.
I don't see them being able to print what was it last time was like
three trillion.
So now it has to be like, five times that's going to be fifteen
trillion or something like that.
I mean these
Murmurs don't, you can't even fathom them.
And at a certain at a certain point, it's like, people just gave up is
like, forget it.
I'm just, I'm getting out of the dollar.
So yeah, it's I think it's months away at this point.
I can't say exactly when.
Well, they will get.
I mean, if you, if you want,
To reconnect when the entire pyramid Falls over right.
There's going to be something left.
Human civilization is not going to end and I'm not that much of a
pessimist.
I'm an in that I am the endgame investor in so far as that is my
calling card or whatever you want to call it.
That's me being optimistic.
Because the worst thing that I could Envision is this system
continuing for years on end as the middle class, gets poorer and
poorer.
And
Poorer and and gets and devolves into eating bugs.
Which is clearly the direction that they want us to go in.
And I hope we don't, we don't take it.
And I hope there's enough people that Rebel to not to not take it.
So if you this, what is good.
The question is, what is going to be left?
When this thing Falls over the things on the top, the derivative of
the derivative of the derivatives, they're not going to be there,
they're going to be valueless, but the dollar itself,
The dollar itself is a derivative because it derives its value from
money.
And if you want money you're going to have to get at these exchange
rates.
If you want it, you're gonna have to get it now because once once the
FED turns for One Last Time II believe and might not sound rational.
But I think it is very rational that one night, you know, somewhere in
Asia.
There's going to be
Be some kind of, you know, breakage in the system and gold and silver
and maybe on the Shanghai exchange, I'm just making it a making, I
don't know exactly where that somewhere is going to go up like five,
six, hundred dollars a night and then Americans going to wake up and
say, like, what the hell just happened and then a bunch of nervous,
people as they as they see their stock portfolios tank, they're going
to go to gold and silver in any way they can and then you just you're
not going to be able to get any.
If you remember, March, 20 2008.
Remember it very clearly like I was I when I went to coin shops and
I'm like, okay this is good, this is it.
So I'm going to make a big order now, while you know, silver is that
like $12 or whatever and I made a big order and it said we will you
only get your order in like six months, so imagine that.
But like ten times worse, you only get your order in what five or six
years.
How was that?
What goods that going to do to you?
Everyone's going to attack at the same time, we saw it.
We saw it in.
And silver squeeze that that one day were there was like a or there
was some kind of panic and don't know exactly what caused it, but
everyone went to Silver even people that weren't Silverbacks.
They just decide.
Okay, I'm gonna just buy
Over because it's wired into us.
We evolved in a monetary economy by using these things.
So just like we evolved, you know, it's it doesn't go as far back as
our body parts, but it goes far enough back that it that we're all
programmed to use money and we are programmed to see gold and silver
as the money.
So when there is a panic, that is where people go.
Not even because they're thinking about it, that's just because that's
what they do.
So
So if you want to have any do it before the rush because once the rush
happens, you're not getting any.