The big boom is going to come when the financial system starts to hit
the skids.
And people realize the normal safety Alternatives they have are not
going to be there.
And as they roll out, the Central Bank, digital currencies, a lot of
people aren't going to accept that and I think you're going to see
people rush into the metals, a large part of the population is going
to go to metals.
So, long story short, the guy get rid of cash.
They got to push it out, but they, but they know that people only
accept the banking system, and they also want to marry a sovereign
currency.
So they're going to create a digital dollar.
They're going to implement negative interest rates in the banking
system.
So that if for example, problems occur, they need money, they can
simply decrement your bank account for how much money and the way that
this works is so you have a direct deposit from your employer and they
deposit $100 into your account.
Well, as you know before you can utilize that money, it's decremented
by that negative interest rates.
So, say they decrement at 5% when they have $95 but their electronic
dollars.
And so now you're in that system and there's no way for you to get
around that tags, basically a tax on your income or attacks on your
labor, is no way to get around it.
I think that this is going to be State money.
So if you're going to transact, you're going to have to use it in any
sort of public transaction.
If you go to the coffee shop, I mean Starbucks is not going to say
yeah, we'll take older will take Bitcoin, more than likely more.
Likely corporates or going to be regulated, just like people are into
accepting this currency.
I do not think that they're going to ban or make a legal golden
silver.
I do not think they're going to ban or make a little bit coin at least
right now I think Bitcoin has been a tremendous help to them and
providing the technology they need and so they want that private
development in the private crypto space.
I do believe that they're going to regulate the private crypto space
and make it very hard for any of those private cryptos to come true,
alternative currencies.
Just like they didn't want
Gold and silver to come back and take on the dollar.
So I do think you can be able to use Bitcoin.
I do think you're going to be able to use gold and silver, most people
won't accept it.
So yes, there will be Alternatives outside the system, but you're
going to build your own network.
So going back to the history of your channel and reluctant Preppers,
going back to all the guys that said, the biggest, the best thing you
can do for yourself, is build your skills and build your networks.
I think you're starting to see that prediction from a lot of Preppers
come true because
Are going to be able to barter skills.
You're going to a bar gold silver, maybe Bitcoin, but you're going to
have to build your own network to do.
So it's not going to be part of the establisher accepted Network.
So, where you're interacting with a large corporate like, like, for
daycare or to buy coffee, you know, or the government to pay your
taxes in order to pay your auto registration fees, you're going to use
whatever system.
The state says you're going to use, but privately, you'll be able to
do some things I think legally.
But I think they're going to restrict it in many ways, they're going
to restrict how
and when Bitcoin can be used, and I think a gold and silver because
it's not electronic to can't
It's usage.
I think we're going to do is just tax.
They're going to put tax regime around it, that makes it very
difficult for people to get their full value out of gold and silver
in.
The only thing you'll be able to do then is basically not reported.
I'm not encouraging or discouraging people to do that.
You have to make your own choice there, but I think that's just the
path that we're headed down and I think the Preppers and the community
have seen this coming for a long time.
And I think their predictions about this have been correct.
Well, from a technical and a positioning standpoint on the derivative
markets.
Because if you look at spot prices we always
Have to remind people, it's not turned by physical trait, is
determined by comex, and London, and their price fixing, and the
trading, and all that kind of stuff.
My getting into the details, that is more of a function of speculation
on where the precious metals will go in the next few months, and it's
basically a rolling few month bet, I'm where the metals are going to
go, it's not necessarily indicative of the demand.
So as that market determines price, you can see movement up and what's
happened in both gold and silver is the bullion banks are what I call.
The shark money or the actually there, the sharks of the market, I
think it have more data and they know more have position, net long,
silver and they're moving long gold and that movement to the long side
has caused some upward price momentum because they hold the single
biggest positions of any single group on the market.
Now you do have people that have to take the other side of the trade.
And right now, it's the manage money.
It's the hedge funds and the financial houses are taking the opposite
side of the trade, but now that the bullion banks are moving along,
Long.
I think that's an indication that they expect price to go up and I
think some people in the market notice that and I think it's going to
cause other participants to say, hmm, they're going along.
They're really the sort of grand masters of this Market.
Maybe we need to take that position as well.
And so I think that word as it's gotten out to certain Traders, is
caused an increase in the price of gold and silver.
But 99.9% people don't pay any attention to any of that.
So until we
General public awareness of why the metals are important.
I don't think we're going to have that next huge.
Big leg of the cycle and that awareness will come when we have some
sort of financial event.
Now, let's financial event could be the announcement of a replacement
currency but I think will actually occur before, thanks.
I think the dollar will fail or start to fail.
Everybody's already talking about it, you'll even have the United
States government Central Bank saying.
Yeah, the systems fail when your replacement and then they'll bring
out the cbc's and I think along that pathway up.
Plenty of opportunities for people to get into gold and silver and I
think along that path as well.
We're going to have a lot of bank failures and failures of the debt
system.
So as you look at the end of the fiat currency system, what has to
die.
What's the flip side of the same coin of that is the debt system
currency is created through the issuance of debt.
So is that that currency and debt system fails, it's going to cause
people to move into safe assets, like gold and silver because not be
able to move into Bonds in the dollar now.
This is all going to go in stages.
Other worldwide currencies will fail.
First then the u.s.
from well and then
Rolling out the cbc's and along that way.
You'll see much bigger Rises and gold and silver.
And I also predict there's going to be so much uncertainty in the
system because think about people have been trained a lot easier for
100 years, go to safety, bonds and cash.
If they can't go to bonds and cash and the can't go to Chinese Yuan
because it's had its problems and they can't go to the pay, so they
can't go to all these things.
Where do they go?
They can't go the FX spot Market.
Where are they going to go to Arbitrage?
The risks are going to go to metal.
So I think that there's going to be
This time, unlike the last few crises and recessions this time, I
think there's going to be an absolutely Stampede into the metals and
it's going to be just a massive movement of people saying.
I need something safe and I think the way that we're going to see of
the generalists, not only buying the volume, but buying mining stocks
and anything related to the metals is going to go absolutely nuts at
some point because people as we go through, it's different, this time
of larger, we're going through a Currency Reset in a financial system
reset.
And it's not just the u.s., it's the entire world.
What you're going to see people grabbing for the metals as going to be
truly unprecedented.
I think before then we could see Rises as people reposition and some
general awareness occurs.
But we're seeing awareness in the commercial players we're seeing
Awareness on channels like ours.
But if you look at this Elijah you guys have probably, you know, over
100,000 subscribers or whatever, you're up to.
Now, I have, you know, 50,000 across my social media, even if we took
this video and put it on all the alternative media, we may be lucky if
we reach no million two million viewers, maybe a little
More than that.
Well we have what 370 whatever the number is million people, according
to latest census in nine states and we have almost 8 billion people in
the world so to reach that level of awareness takes time.
So a lot of us are aware.
But what we need to do is be an army of reporters and go out and tell
our friends and family news that network network effect and then as
more people know than you'll get that rise in Precious Metals.
But I again I've said this many times the last couple years, the big
boom is going to come
Financial system starts to hit the skids and people realize the normal
safety Alternatives they have are not going to be there.
And as they roll out, the Central Bank, digital currencies, a lot of
people aren't going to accept that, and I think you're going to see
people rush into the metals, a large part of population is going to go
to metals.
And I actually think at that point, the government's going to panic a
little bit and say, oh no, we've got an issue.
And I think that's when the the penalties on owning precious metals in
the forms of taxes and other restrictions is going to come when the
big movement comes in.
In then the government's going to try to restrict at that point.
I don't think it's going to matter because if people are moving a lot
of their wealth, in the precious metals, I think a lot of people are
going to voluntarily not adhere to some of those government guidelines
on taxes because they don't have a choice.
If they need to pay day care and pay day, care and buy food, they're
not be able to afford to pay those taxes and they're going to be
panicked about what's going on in the system.
And I think all of that is coming and I think the last point I would
make is expect a lot of volatility, the precious metals going forward.
We could easily see
Hundred two hundred dollar a day movements up and down and go back and
forth.
And we could see, you know, four five, six bucks and silver.
And the key thing is don't get shaken on that because what that will
be is the market figuring out where to go and that time that period of
time would be highly, volatile and scary for a lot of people.
But it's it's happening for a good reason because the markets trying
to figure out where to go and I think people will go there.
So lots of volatility ahead, lots of uncertainty ahead, I think at
some point the
the financial the mainstream Financial media is going to freak out
about what's going on and it's going to cause a lot of panicked
feelings and just remember come back to the alternative Media, Watch
This Channel, watch my channel.
We're going to guide you through the process, Don't Panic, you know,
don't give up your precious metals, hold them through that time.
And then on the other side, you'll be one of the few that has those
alternative options.
I actually think you'll have a lot of buying power then as well.
I think you'll have incredible, purchasing power with your medals and
I'll offer you an advantage and it will be not only
For your own Financial well-being but also helping out your neighbors
and friends and family who maybe didn't get in on time.
And I think that period to get in is shrinking and I think people want
to do it now.