Whether or not they buy gold or silver or listen to what I'm saying.
I will simply say this if you own nothing, but dollars and dollar base
Investments, when this switch is flipped, you are destined to go broke
period.
A lot of the things that we've seen quite frankly.
I don't know how more commentators didn't jump all over it and didn't
notice it and, you know, taking a slight journey back in time and
talking about the things that we've talked about for a long time.
If you take a look at them.
Now in retrospect, they really start to make sense going back to 2017.
When the bundesbank told the New York fed gave us back our gold and
within a few months.
Of that happening, the bank of Austria.
The Dutch national bank bank of Poland turkey and many others
requested, their gold back from the bank of England in the New York
fed.
And so repatriation of gold at a time when for the entire six years
leading up to 2017.
We were in the midst of a pro, you know, of a bear Market of a market
that no one was buying precious metals.
They were buying cryptocurrencies and
Now Stocks and all of a sudden, the bank's they send us back, our
gold, why are the banks repatriating their gold?
Why all of a sudden, are they buying it?
And then of course, in 2019, the single biggest event of my career up
to that point.
The reclassification a goal is a tier 1, Reserve asset.
I saw, and I only prints think I'm spelling as saying her name
correctly.
Just wrote about this today and it brought my mind back to cash.
We were talking about that in 2019, where
That reclassification of gold as a tier one Reserve asset.
The only other one in the world next to US Dollars and treasuries, a
riskless asset.
As far as central banks are concerned, should have sent that the bells
ringing for everyone, that why did they choose gold?
Why did they not choose special drawing rights from the international
monetary fund or a Euro or Yen, or any other currency or vehicle?
Why choose gold after almost 80 years of
Of it just being dollars and treasuries as a tier one Reserve asset.
We move to 2020.
We see more warning signs.
We see the IMF which is 190 countries around the world saying we want
a new Bretton Woods.
How do people not see that Gold's reclassified?
The banks are we are recalling it, they're purchasing it.
Number two huge event in my career.
How do people not think that this is a big deal.
Of course, the lack of media coverage is
Is enough, you know, most people you meet on the street.
Have no idea what the Belt Road initiative is yet.
It is connecting, 75%.
A human population between Asia and Africa.
Three out of four people on the planet will be.
Sing a new Chinese digital.
You wan settling contracts from everything from infrastructure to
settlement and energy outside.
The US dollar, you had this world bank and Klaus Schwab come out of
nowhere saying we want a great reset and I'll get to that in a minute.
But back at the time seemed foolish.
It doesn't seem so foolish anymore.
And you saw the rise of the manage money, others, as they're called on
the comex traders.
Take 300 million ounces of silver off the comex market in 2020 and a
whopping, 825 metric tons of gold off the market in 2020.
That's 10 years worth of deliveries up, the comex market.
The trend continues to accelerate it.
So, what we are seeing on a very, very large scale is D dollarization,
and there's a part of me that wonders in the recesses of my mind, you
know.
Was this plant.
Do they want to create an environment via weaponizing of the dollar?
First telling their cohorts in the central bank community that there
will be a day of reckoning.
We're going to reclassify Gold.
So start getting your gold home and start buying it.
We're going to continue to manipulate the price to run cover for you
all to D dollar eyes and reposition into gold.
And and then we are going to wear.
Open eyes the dollar and push people into finding Alternatives.
Look at what we've done by weaponizing, the dollar and pushing the
Russians into the Open Arms of the Chinese and their sip system, the
cross interbank payment system.
You have really incentivized people around the world.
Who are wondering, are they the next person to face sanctions?
Are they the next person's to be kicked out of Swift to find
Alternatives and when you realize it all of this money,
It was created in the past few years, a good majority of it has found
its way into Financial assets Ludwig.
Von mises would call this the crack up.
Boom, where a massive expansion in capital arm credit, rather creates
Miss allocations of resources and of investment, creating distortions
creating anomalies in price where price Discovery becomes impossible
and all of the Assets in this country are in
Inversely correlated to a rise in interest rates.
On the other hand.
You have the Federal Reserve claiming.
They're going to get tough on inflation.
Know, they're really not.
They're not going to get tough on inflation.
If they were, they would have stopped adding to, their balance sheet.
After they admitted that inflation was transitory.
They wouldn't wait until the next meeting in 45 days to start, selling
off what they say is going to be a, you know, a billion dollars a
month in in in
Watch back Securities and government treasuries.
They would start raising rates now and not by a half of these are 50
basis points meant by two or three percent two or 300 basis points.
When you see today's clip of almost 9 percent inflation on the CPI.
These numbers are getting out of control and I think that what you are
witnessing is a massive form of D dollarization, but could it be that
it was planned?
Could it be that they
They realize we've gotten so far down the road with a hundred plus
trillion in funded and unfunded liabilities with the inability to
never pay it back to incentivize a mass T, dollarization to
incentivize energy, to be, to be settled, in other currencies, to
create this masty dollarization, which, which spikes interest rates
immediately, and plummets, the value of the dollar has all of those.
Dollars, come home.
See there's more dollars outside.
The US and is inside the u.s.
Is every country has to own dollars to buy oil.
But if that changes, and now, you can buy oil with you on, or with
Ruble, or with Euro or with local currencies, all these dollars come
flooding home.
We blame the Russians and the Chinese.
We are no longer the scapegoat for creating the problem.
Just like Putin is being blamed for high energy costs yet if you look
at it prior to
This happening.
You had boil up.
150 60% and natural gas way up.
The energy.
Prices are way up before the war in Ukraine happened.
But now you have a villain when everything collapses and interest
rates spike in the dollar comes home.
Everything.
Inversely correlated to a rise in interest rates stocks bonds and real
estate collapse.
And so, does the Dollar has its being globally forsake?
And there's a debate.
Is it?
Is there?
Plenty of silver out there or is it just
Inability for the refineries to keep up with the demand.
I'll just simply say this.
I am beginning to think that there is a plenty of silver out there.
Yes, there is a log Jam in Refinery, but if every single day and for
two years straight, the demand is outstripping.
The supply that the refiners can keep up with all roads lead to the
same place.
And that is a market that is beginning to lose the ability to keep up
with demand.
Ultimately ending in more.
Demand than there is Supply, whether it be refining or just actual
Supply, these governments.
When you look at these governments, you only thing that they do that's
profitable to sell gold and silver.
I mean, to a degree.
I mean, it's one of the most profit Center driven areas of the entire
US government.
And yet they can't keep up with demand nor can any of the other men's.
I just see a trend that's continuing where the biggest money in the
world has been using the misdirection another
We've talked about for a long time of holding down the paper price on
comex, running cover for the bullion Banks, to do it at their behest,
and allowing their cohorts, to central banks to pickpocket the world.
Reposition D dollar eyes, and we're going to wake up one morning.
If I had to bet to a new reality where the dollar is challenge for its
singular World, Reserve status, and then you will understand what
supply chain problems really are.
Then you will understand what Christ.
Inflation, really is as the dollar is dumped and interest rates Spike.
And there's a leveling of the playing field as all these asset classes
come tumbling down.
That's when you see gating in money, markets, as we've talked about
before, that's when you see bail-ins with banks, the linear
progression of events that I start talking to you about that.
I saw happen in 2017, starting with the German bundesbank out of
nowhere, repatriating their gold, and all the way up to now to the
Belt Road initiative.
To to Saudi Arabia, diverging away from its Petro dollar promised.
These are all massive signposts on the road to to a destination that
is it is not just paved with US Dollars and I think that's something
people need to understand whether or not they buy gold or silver or
listen to what I'm saying.
I will simply say this if you own
Nothing, but dollars and dollar base Investments.
When this switch is flipped, you are destined to go broke period.
When the market says, you know, what we're sick, and tired of a
country, that is debasing their currency that is in, that is
weaponizing, their currency that is telling the world how to live in
their hypocritical in the way.
They do things.
Let's go our own way.
When we see gold.
Reclassified as a tier one Reserve, when we see the dollar losing its
petrol Reserve status when we see our fed.
Chairman say there's
Room for more than one Reserve currency.
If you don't start to mitigate your exposure to the dollar in anyway,
I think you are making a generational mistake.