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The Real Money Show
Silver Source To New Heights: $50 In Sight?
Welcome to the Real Money Show, the number one eight seven seven eight silver in the website guildhallwell.com. My name is Jeremy Wiseman I'm joined by Jerry Cariah and This is going to be a very interesting show. There seems to be a lot of different things from different places happening and a lot of different information, so There's a lot of data we want to get to we want to talk about the significance of China's stimulus and their lowering of interest rates, which we might go into some some stuff about the Fed as well We want to talk about Jim Willy a financial expert put out some great content on X this week talking about a new financial system and we want to get into what he had to say and then Israel is looking to Potentially make gold illegal hmm while states one by one are Taking the taxes off and making it more of a legal entity so we'll get into that topic because there's a nice contrast between what's happening potentially in Israel, but Iran is taking a completely different approach to physical gold interesting con which is a very interesting contact contrast we'll get into that, but first Jerry a little bit of celebration shall we look silvers up 36% in Canadian dollars this year Gold's up 31% this year in Canadian dollars. That's that's really good What did we see this week and what were your thoughts on the action this week in the market really good action this week a very Positive week obviously for silver and gold both precious metals up and that word precious Connotates that they are monetary and we have a huge monetary a currency problem in the world So this is why we're seeing the move up in precious metals silver Rocketed higher this week up at but the dollar 50 was as high as six and a half percent hitting a 12 year high When it briefly hit thirty two dollars and seventy cents this could be getting close To that that breakout point and then gold up about fifty dollars or two percent this week gold futures actually broke twenty seven hundred so historic move this week and We saw these records hit Thursday morning after the overnight News of China's monster package of stimulus Helicopter money on the way our popcorn's popping they're going to be printing a hundred and forty two billion Now some are saying China is not printing one They could be spending us dollars from the reserves for the stimulus So this theme that China is de-dollarizing while simultaneously Stimulating their markets and we're seeing that that that that market is just on fire today Jeremy the Chinese market Surge this week up about ten percent in the last three days. That's bubbly and frothy to say the least It's credit crazy. It's crazy times. We're in popcorn is pop in Jeremy well I think in that case we always have to remember the difference between nominal and real you know nominal gains Versus real gains if the if the government saying interest rates are at two percent and they're celebrating They're win over inflation, but you're still going out to dinners or going to grocery or you know You just got your if you're in in Toronto where I am You know you just got your increase on your Property taxes. Yeah, I think it went up like nine percent So hard to tell me that inflation that they've won in inflation and at their two percent level So the real-world inflation is obviously much higher It could get worse because they're looking to lower interest rates and create more borrowing Yeah, more spending again, and so You know it's one thing to say oh, I'm getting 36% return, but if if inflation real-world inflation is at 8% you're taking a loss Yeah, so it's great to see that gold and silver have you know rocketed higher and Really done some great catch-up Over the the last 20 years. They've definitely completely obliterated inflation But it's more than inflation as to why people are buying it today. It's more about that Lowering interest rates means you're throwing throwing in the towel on inflation Stimulus says things are not good And so that means there's a lot of counterparty risk and you want to own gold and silver to protect against risk and also liquidity Mm-hmm, you know the fact that you know we have these discussions Gold holding gold outright versus ETFs. Yeah all the time ETFs They close at the end of day Right, you don't trade it and get out that minute. It's it's wait till the end of day and get it closed So you're you're already not getting quick trades. Yeah So that's not really liquid no, especially if the markets falling and you know we used to do financing and you'd have stops stop cells and You know it's one thing to have a stop-sell triggered. It's another thing to get it filled That is true You know we employ strategies of here's how you would get into the market here are here are signals and Specific criteria you can look to to figure out how to sell and when to sell and I do find and I'm sure you would agree that many people are very Black and white About about about how they're doing things. It's I want to put all of it in Okay, but hold on. We don't have to jump head-first into the yeah, right? Let's crawl walk run get a sense of how this works But you know people can't help having a binary approach to these things all or nothing, right? But you can ladder in you can ladder out and if you're expecting to always hold 10 15% of the gold and silver in your portfolio as a hedge because it's negatively correlated to the dollar then Then there's no need to have that large all-in mentality. So there's ways ways around it. Yeah, what are your thoughts on them? No, absolutely It is what it does come down to is liquidity and I had this conversation with someone this week about the the going back to the ETF And why would I want to buy something physical where I can buy the ETF? We have to go over certain objections certain Understandings where we're not dealing in a stock. We're not dealing in paper We're dealing in liquidity here. We're dealing in wealth insurance and when you're buying insurance You're buying the physical and to get into physical. There is a there is a premium over the spot price and we get into these things so it's a it is a practice that we've employed to understand what where people are come from what their pain points are what the real concerns are and sometimes peeling off layers of the onion and as people crawl walk run run get into the 15% Usually what we find and when we'd share things like ratios and cycles and other strategies that we employ which is very exciting and And it becomes more than wealth insurance. It becomes yes. I want to partake I want to participate in the top side potential in these markets because yeah, it comes down to beating inflation inflation is not 2% What the Canadian government is telling us it's not 2% it's double digits and what? Can we use what can we employ in our portfolios to beat that rate of and rate of inflation? Which is double digits a GIC will not do that for you at four or five percent Do you really want to chase yield and take immense risks? There are bubbles left right and center if you look at this China stimulus It was furthering the bubble tear the bubbles that we're seeing in the real estate market in China's China's ghost town system that they have it's a very dangerous and people don't want to roll the dice these days I don't think they have been rolling the dice since 2008 people are getting very serious and looking at real tangible Assets that will perform when the system resets and we're going to talk about the resets in these systems and We want you to give us a call one eight seven seven eight silver the website guildhall wealth calm or guildhall precious metals calm We have new price alerts that we want to alert you to because you want to know when to take Action do you want to buy silver when it dips one percent? Do you want to know when when gold breaks out over? 2,700 do you want to know when silver breaks out over you know thirty seven dollars? Which could be that that breakout point point to the what we talked about the escape velocity last week? What is that escape velocity for silver? It could be the 37 mark We don't know, but check out the guildhall silver and gold alerts alerts. You want to get this information Text it to you or emailed and you know at the end of the day people might be looking at the the gains and precious metals recently and think just For its own sake. Oh large move it must be over large move it must be in a bubble but at the end when you start to dig a bit deeper into the demand on the metal and the reason Why and we talked about lack Being free of counterparty risk having liquidity. You know that central banks are continuing to acquire physical gold We'll talk about the bricks a little bit later as well in the the importance of gold as part of that whole system We see that UBS is has article an article out about why the gold rally may not be over And G is talking about the rally set to continue and there's just too many factors out there When you consider that gold is real money and silver is real money as to why? This run is completely not over I put a post out on X Jerry really early on in the week and it was a It was a chart showing what gold did in the 70s versus where we are on that chart And don't forget in the 70s the debt in the US was only one trillion China was not involved in that in that market at all. It was only a Western Western move you didn't have fast trading. No, you don't have derivatives. You didn't have a helicopter money yeah, it was just a completely different market and You know there was only like three billion people on the planet too, right? There was seven billion ounces of silver above ground or eight billion ounces of silver above ground That's not the case anymore today. So it's a much different situation and yet here's where we are on the chart And it's so early on To think about that gold could go another twelve hundred percent You know look getting to twenty seven thousand dollars is la la talk to many people and it is to me too But certainly seven eight nine thousand is starting to seem pretty reasonable When you look at gold's up over six hundred dollars in a single year. I mean It's it's so not over it's it's only just really starting to gain the momentum and we want to see as many people take advantage of that and We believe that the best way to do it is actual physical metal held either directly with you you buy it take it home We do have a vault facility in case you decide I want to travel, but I want access to the liquidity or I don't feel safe with having this much product at home. Then we do have a vault facility for that Again fully allocated fully segregated to you You own the product you can redeem that product at any time you can sell it at any time buy more at any time So you have a lot of freedom while maintaining the physical asset with no counterparty And then we also do that in registered accounts where you can have physical outright it is no counterparty risk held in a brinks vault outside the banking system But still within your registered account and we find that that's a very popular way to go I think most people find that it's reasonable in terms of value what it costs to do this within a registered account And of course there's been a lot of success The number one eight seven seven eight silver the website guildhallwealth.com the new financial system What do we have to look forward to coming up on the real money show on 640 Toronto? Welcome back to the real money show the number one eight seven seven eight silver the website guildhallwealth.com Jerry, uh, I noticed it too and I was just before we went on air We were talking about Jim Willy's posts this week. I I used to subscribe to his His newsletter and it was great. He'd just constantly post here you know the the flood of news and this was ten years ago and he's kept up and he's got some great sources that he works with and really good financial analyst of and I would say in a way that He looks at different pools of knowledge It's not just what you see day-to-day or in the mainstream He does dig deeper and kind of brings it all together So tell us what Jim Willy was talking about on acts about a new financial system yeah, this week the the Move up in precious metals was stimulated by the massive Stimulus package that came out of China was 142 billion Which caused gold and silver to ratchet up higher hit records and the following morning They the Federal Reserve got into panic mode They sent out about eight of their fed members to go speak somewhere go speak go speak and hush this market back and bring Put a cat back on precious metals and even Powell was out there not just one lizard eight wizards eight wizards flying around And just trying to keep keep a lid, but it was the China injection into the market It's according to the financial expert Jim Willy. He really sounded the the alarm And it was a fire alarm. This is what he said. This is their first intervention Jeremy since the 2008 crisis So this is something huge they wouldn't be doing this unless something in within their spanking system within the global banking system Was on the verge of of collapse? I just want to interrupt there I totally agree with that because we've said many times the Fed doesn't doesn't do things proactively they do things reactively and Michael Oliver talked about this weeks ago. I mentioned it last week on the show that if the Fed is dropping rates It's because they're panicking about something. Yeah, it's usually the case and again in the first Segment people are commenting people China is actually not printing the one It's not their helicopter that they're using their you using the US's helicopter that they're spending US dollars from the reserve one of the biggest holders Besides Japan of US reserves for the stimulus China is de-dollarizing while simultaneously stimulating their markets But China is facing according to Jim Willy a Title wave of non-performing loans real estate sectors a ticking time bomb And they have trillions tied up in what we call shadow banking a completely opaque system with with unregulated high risk debt instruments The rot has set in and now they're flooding the banks with capital just juicing it just to keep the illusion of Solvency alive and how how much have we seen this a loose? Illusion happening with our own banking system with the with the rigging and the manipulation of numbers and figures But what is what is Jim Willy saying is going to result of that because I think when I hear that I think yeah But they've been buying gold hand over fist. I mean they could be doing this on the one side But on the other side, they're clearly preparing for a new system. Yeah, obviously with the bricks and the unit so There's a dichotomy happening. There's a split. There's there's This fake economy. They're trying to save and then there's this real economy that they're preparing for yeah He concludes that the how the global financial system literally is just a house of cards one by one They're all the like dominoes falling the cat this capital injection. It's nothing more than putting lipstick on a corpse The financial system's dead the entire financial system is hooked on cheap credit and it's coming to roost look at the Federal Reserve the ECB The Bank of Japan they're all in the same boat and what we're witnessing is the early stages of a monetary System collapse and it's happening real time and China's move is just a sign that they're out of options and Other central banks will soon follow suit and he talks about gold he chimes in on gold and the solution and he's so right You know if you're looking at what happened this week in Japan because my my mind is I'm focused on Japan I've been talking about that the yen carry trade for a long time and just this week We just today recording on the 27th Friday the yen surge this morning. There was a political veteran Shigeru is sheba as a leader. It was voted in some view this person as this is a ascension to end Abonomics, which is the easy monetary policy the the I guess the juicing of the yen carry trade was done under this type of policy Paving the way for more bank of Japan tightening and a stronger yen and we have to keep focused on Their next bank of Japan Decision the rate decision which is October 31st could be a rate hike and would make a really scary Halloween day with the with the zombie Bank of Japan unwinding the disastrous carry trades, so you would think you would think knowing this that they would that the Western banks would be able to front-run it so they've already got the warning shot across the bow the first time With the yen carry trade unwinding and it was a massive impact. It was just a few weeks ago I feel like Monday and it had a massive impact immediately and You would think the banks are probably more prepared for this given that this new This new administrator is sounding off that he's gonna be more Conservative We'll see you know, okay. He's definitely He's definitely Very he's he wants to hike interest rates, so he's a hawk He wants to rain in on the the the the loose monetary policy and he wants to save the the yen But as we know the the yen carry trade was a popular investment strategy where investors can borrow the Japanese yen at negative rates and then use that capital to invest globally in higher yielding assets and now as The those rates start to rise You got a borrowed you got to buy back the yen at higher yen It's it's a disastrous trade it will erupt the the massive toxic derivatives market the whole thing's a joke though Like really I mean you think about the you think about all these central banks buying gold and the Netherlands saying we're gonna Reval you it that's all you have to do if you need to you know I get it though You still have these countries going into debt and spending money and saying well We need to to give a hundred and this billion dollars here and another hundred billion dollars there and their scandals and all of these things But you know what the fix is and so I want to spend a few moments talking about Jim Willy's fix in the new system I Feel like the fix can be easy. You got a revalue gold Right the doll why is there inflation because the the currency that you're using has lost its purchasing power That's right and how are you gonna pay back the debt with this when? if the you don't have any economic prosperity you need economic activity and you know that The markets were extremely successful when there was a gold standard. So let's talk about the good stuff Yes, Jim Willy expecting in a new financial system That we can expect gold to rise. Yeah prepare yourself incoming gold and silver prepare yourself with gold and silver because the great Reset is coming and it's not gonna be some utopian a digital currency future, right? Yeah, Canada Yeah, the Bank of Canada is just squashed that idea just like shelved it Well, the squat they shelved the arrive can app as well and whereas that it's on the very very top shelf somewhere And we're never see to see that again, right? It's like the end of like the end of Indiana Jones Like really put in way like it's on a way way back show. Yeah, maybe I mean look at the end of the day They felt enough pressure against them and all the money that they spent to do it That they felt enough pressure that they can't go forward with that plan. That's a win for all of us. Yep, absolutely So he is saying get prepared with precious metals The reset will be chaotic. It could be catastrophic for those who are not prepared The winners in this collapse will be those holding real assets Gold silver and tangible wealth the losers will be those holding fiat paper and worthless promises from a dying and dead system So he's expecting a collapse of sorts and the conclusion is the silver revolution It's inevitable the storm is brewing and at the heart lies silver the financial system is unraveling and fiat currencies are living on bar time Silver is the solution not just as a hedge against inflation, but as the very foundation of a new financial era This is not merely a prediction. It's impending reality. Those who prepare now will emerge victorious in the coming upheaval Those who ignore these signs will be left scrambling trapped in the ruins of a collapsing system. The silver standard is not a possibility It is an an inevitability and when it arrives those who possess silver will command the future It's the time to act is now the silver revolution has already begun and don't get left behind it's a silver squeeze and it's happening and Those who have those who have the gold even the silver will make the rules the number one eight seven seven eight silver The website guildhall wealth calm you can go to guildhall precious metals calm. It's our east or you can pick up a tube of maples announce a gold set your price alerts great tool guildhall precious metals calm and Jerry does he say why there would be a silver standard? Well, it's It he didn't mention in his in his spiel's this week when his he just went off on tweet after tweet He didn't mention on that particular tweet, but he does bring in the the bricks already setting up their system and as commodity status granny on on On X often comments the next monetary system will come from the bricks and we're seeing that and we're gonna be meeting the brick Summit is happening on october 23rd And it's just gonna be just that and we're having systems being set up the emberage as you mentioned the unit These things have already been put into place long before we're just seeing everything being rolled out And you know as the arbitrage Continues to ramp up the vacuuming that is happening out of the western vaults is real This is what's happening when you have a higher price in Asia You can buy low in North America at our peril and sell it over there at a profit, but you have to ship it out This is why we're seeing vaults being emptied The western vaults from London to this LME the comics even the NIMEX things are being drained You need the physical and you need the tangible asset. We're not talking about ETFs or certificates You need something that is that undervalued historically one could buy 15 50 ounces of silver with one ounce of gold and today it's about 83 to one This is the best opportunity to capitalize on this is to look at that silver to gold ratio get your hands on an Undervalued asset when everything is a bubble when everything's frothy when everything is risky You'll find your solace in some silver even some gold and move into the next financial system The number one eight seven seven eight silver the website guildhall wealth calm in the next segment Let's spend some time on the path to fifty dollars. We've seen silver sore We want to take a look at what the path of higher prices and silver could look like and perhaps maybe even talk about What a silver standard could look like and as well as more on the bricks There's a lot to come. We've got a lot to talk about here with with silver with its gains where it's going The number one eight seven seven eight silver the website guildhall wealth calm give us a call We'll show you how to hold physical gold and silver in your registered accounts This is a great time to be getting involved and protecting your wealth more to come on the real money show on 640 Toronto Welcome back to the real money show the number one eight seven seven eight silver the website guildhall wealth calm if you've been Kind of following the precious metals market if you're sort of new to the market You've seen some really good moves silver is up 36% this year in Canadian dollars gold also up 30% These are pretty big moves if you look at the last 20 years Jerry There's there's only been a handful of times where it's it's moved up over 20% in a year But it does happen. We've seen even bigger moves in silver for instance I've seen moves in years where silver was up over 70% in a single year. So it's not completely uncommon Obviously great to see one of the things when we're talking about Silver getting to $50 and beyond because I believe that if there is going to be some sort of silver standard whether or not we need that Ultimately in terms of the fundamentals and silver how much product is out there? How it's going to get out of the ground in the future all of the demand for it in industry Whether it's in your car or in the electronics that you're using and all of the new things that could be invented over the next several years What does the path to $50 look like and I want to start the conversation off Jerry with the premiums Premiums it during the pandemic Sky rocketed you were looking at $4 over spot for a hundred ounce bar of silver per ounce Today we're not seeing that and I was talking to Paul about that and I think I'm pretty sure I know what the reason is And I'm not sure how long the window is going to stay open and I want to get your opinion. I Believe that right now we have We have a lot of people buying a lot of big entities buying but at the retail level I think you have a combination of sellers and buyers. Yes. I think you have people who are selling because It's getting tough out there in the middle class that the government has encroached way too much They've made it way too difficult for people to get by and they need that liquidity that we talked about that's so important in that first segment We discussed it So they're selling some some some precious metals on the other side. You see People who have probably been in the market for five six years That they finally see the price get over $30 and all of the frustrations that they've lived through to get the big move They feel like this is my chance to get out Right, which I wouldn't agree with that obviously we'd hope to have a conversation because we'd want to show how much Further it has to go, which is what we're talking about here So I think that the retailers are not depending on the wholesalers as much and so that's why the wholesalers haven't raised premiums But I don't think that that's gonna be a long-term Situation, what are your thoughts? Definitely agree with the balance of the market right now. You have tremendous buying and huge demand from You know from family offices to just families then you also have that the man coming from the rollovers from IRAs and our RSPs TFSAs lira's huge accounts that are coming in and They're going more aggressively Exceeding the the norm quote-unquote 10 to 15% allocation No, we're arguing just like Egon von Greer's who is one of our one of my digital mentors As I call him. I read his stuff all the time Back in 2022. He says the world was in a different different The world was in gov in a government deficit and a one-run array bank credit crisis at that time Egon von Greer's advise his investment clients to put up 50% of their assets into physical precious metals today I would argue that would be a lot higher and that's what we're seeing huge buyers But it's being tempered by a lot of cells and we're helping people if they need to sell They have to sell we want to show them the opportunities or some of the missed opportunities that would be had But we understand you know life because of the Bank of Canada printed about four times the size of our economy things have become too expensive but we're showing people that you know there are options to Unlock some of their wealth without selling their assets a new program that we're going to be launching soon and we're very excited about But you know selling has been has been something that we're seeing but with tremendous demand It's going to put Issue on the supply side and talking about premiums There are two factors that go into the premiums when guildhall buys from wholesale and we do what the largest wholesale So you're dealing with the largest and the best in the world when you're dealing with guildhall Two factors would be the fabrication or the whole mining and logistics and and and fabricating into a product That's one Right, but then you have the market factor which would be the supply and demand side That's going to shift and change and as we saw what you mentioned the lockdowns in in 2020 that happened and and our market got hit And the premiums skyrocketed from where we are today at around a buck 20 up to four five dollars literally overnight and This this type this is the type of market in a silver squeeze environment where There's just not enough silver above ground silver to you know satisfy the contracts to satisfy the huge buyers and to be honest with you the psychology and the What we call the escape velocity in silver has not been peaked yet So the excitement is just not even there yet even though the market's hitting all-time highs chair me almost every day The psychology is going to hit people are going to realize they can't get the silver and when that happens you're going to see higher premiums Yeah, well, we'll stay on this topic about the path to fifty dollars and beyond I think that um, yeah, you know, look there's there's been a mix of buying and selling. It's you know, that's good It's good for business. I don't mind that but um, you know, you'd like to see people be able to hold on to their metals and um, I think that That is going to change and we're we're going to see a lot more buyers coming into the market overall as as sort of the selling subsides and panic sets in Um as well as let's be honest some greed as well as when you know There's no doubt that when you see momentum in the market you want to get in on momentum It's very difficult to buy in a market that's going nowhere up to 28 back down to 26 up to 27 down to 20 680 it's not a market that That presents itself to uh, being a part of yeah, right but when you start to see momentum You really want to get a part of it and I think that that's going to be a major changing factor for silver going forward and what i'm My point is Is that don't expect premiums to stay low just because the price is rising? I think it's going to get into a situation where it's only going to get more expensive The price is rising and the premiums are rising Um, which is going to be a mix that could just drive prices even higher in a way The number one eight seven seven eight silver the website guildhallwell.com again. Well, let's stay on this If you want to pick up some silver right now Go to our east or guildhall precious metals.com and you can even set some alerts if you're looking for a lower price or a trigger price You can sign up for that on guildhall precious metals.com more to come on the real money show on 640 toronto Welcome back to the real money show the number one eight seven seven eight silver the website guildhallwell.com This is a great time to be thinking about making some changes in your portfolio Consider having some physical gold and silver. We always recommend a crawl walk run strategy It's great to get your feet wet understand this market But we always find that when people do that they get more energized about the market more confident about the market and they Want to get more involved and that's really the key here. We've seen some great moves It's it's always a beautiful thing to see people being up, you know 30 40 100 in some cases or higher You know gold's up over 500 in the last 20 years and silver is not far behind now. Can it go much higher? Yes, of course it can $50 silver, which only matches the all-time high from 1980 Is ridiculous in and of itself. There's less silver above ground. There's more people in the world There's more need for it and as the price of gold gets higher and higher and this is one of my paths To $50 jerry as the gold price gets higher Silver is going to start to look more attractive as people make that economic decision to say Hmm gold's a little pricey for me I think I can buy a lot more silver and I see it moving up kind more rapidly because it's a smaller market What do you think about that are people going to? Decide I think I'll buy more silver than gold. I know I need metals but I'm more They want that metal more. Yeah, you're going to see more participation in the market People who are who have gone from crawl walk in and now running and they're adding to their allocations because they know That the psychology of getting into the market is is now in full effect Especially the people remember less than 1% less than 1% of the population in north america own physical precious metals We don't have a lot of people in the market yet But when the system shows the signs and I heard I read a quote the other the other day And I'm thinking the yen carry trade because it's just that massive on october 31st It could be that point where they raise interest rate it rattles the derivatives market And someone said that we will see the importance of power money Which was the the inverted pyramid the very tip was power money you have gold the very small market But at the very tip was the silver market silver coated the silver coated tip And people will see the importance and what extras pyramid is all about And when you see all that money that's sloshing around 200 300 trillion plus derivatives Wanting wanting to flow into a finite market of of 8 trillion? Forget about it. You will you're gonna you're not going to get your hands on it And then the cycle psychology triggers you couldn't get your toilet paper during the pandemic the lockdowns Well, silver is much more important and that's where we're going to see the escape velocity and the ramp up happening the silver And gold cycles are at play You know, we talked I did mention to this to someone who was about you know asking should I put it into a TFSA? Of course, you know this most people maximize their TFSA because First of all, it's tax-free. Yeah, you don't have to worry about those extra capital gains I don't want to put a dud in a TFSA that's not going to do or go go backwards That's not the whole point is to get something that's going to grow and silver and gold will experience This growth and you will maximize your TFSA with it because of certain cycles Like the ones we're in right now You have the rate cut cycle and then the super cycles and precious metals the number one eight seven seven eight silver and the website guildhall wealth dot com I think another path to fifty dollars jerry is as more people see the price rise You get you get a growing Momentum and you get more participation because people become interested as the price rises I hate to say it, but people like to buy at higher prices. So at $50 silver when we're at an all-time high People will be looking at it. I think it's going to be interesting They're going to look at it and say all-time high when was the last time you hit it 1980 what's the difference what are the fundamental differences and I think at that point It's going to shine a light on the market and that's going to bring a whole new set of participation Now that's just that's just sort of FOMO stuff and that's cool And they're going to learn about the market and the reasons to be in the market The other pathway to it is also as we're kind of touching on I think you're kind of touching on it is the panic mode That if there's a meltdown in stocks if there's a continuing meltdown and continuing inflation Which we know we're going to have they were lowering rates You have a stronger motivation to be in a medal that is there specifically to protect The devaluing of your currency and to protect your wealth and grow it at the same time. So I think you have I think you have Stronger participation as the market rises higher prices is going to bring More people. I think as you hit $50 people are going to say oh well Bring a whole new interest into the market And and it's it's going to move quickly because it's a small market. Yeah. Yeah, it's a that's the type of The the characteristics of this market is very unique. It's not like any other. It's the other markets We can we can call them what they are. They're bubble territory You don't have a bubble in precious metals. They're very undervalued And they will perform when the system gets rattled and when the investors get rattled and they finally make a move into the market it's going to be It's going to be fantastic the gains that are coming and when the and you know if the system does go through another panic Cycle what they're going to do is continue to cut and slash interest rates Which is detrimental to the paper currencies and only very good for metals and where do we go? Where do you think we go at 50? Do you just reevaluate? Do you look at the ratios? Do you Consider, you know the the gold to silver ratio. Do you consider the the Supply demand where do we go from there? Yeah, you factoring all those It will go leaps and bounds because I believe if the escape velocity The resistance level is the 4950 then it becomes easier to make all-time highs So we'll I think we'll easily double from that point $100 200 $300 silver is inevitable. That's where we're going to be going Yeah, I think I think ultimately to that point the psychology of the market is You know you need silver to get close to 50 break 50 and I think once it breaks 50 you're in a whole new realm of Of ranges all of a sudden it's a 60 to 70 range instead of a 31 to 34 range in other words the ranges get much bigger in dollar terms And that's why it's important to get in early Right you don't want to be buying at 60 and waiting for the price to get to 120 to double your money If you can buy in at at 35 knowing it can go to 70 and 140 And higher that you could ultimately have a chance to really Increase the increase your purchasing power. Yeah, that's the key here That is the key here and I think a lot of Canadians and we're gonna go back to the whole 2000 ounce Of silver can buy yourself a house the bank of Canada with um, sorry the regulators this week Scrap the the whole stress test making it a little easier for Canadians to afford a home But remember if you do want to own a home You could do it with silver just a measly 2000 ounces of silver which is just under 100,000 today We'll be able to buy you a home like we did in 1980 2000 ounces could do that again with these cycles that are at play. We have the rate hike cycles plus a super cycles in play We can show you the charge and this is what we want to do because As harry brown the permanent portfolio investment strategist said when the paper money systems begin to crack at the seams The run to gold and silver could be explosive and that's exactly where we're gonna seem we want you to be a part of it Give us a call we're here to walk you through it and the number is one eight seven seven eight silver the website guildhallwealth.com This is a great time to get involved. We'll walk you through it. We're very supportive of our clients We're very customer service oriented and we'll show you how to get into your registered account how to open it How to fund it how to own physical gold and silver within it. We're there with you every step of the way You just have to call the number one eight seven seven eight silver the website guildhallwealth.com If you've missed an episode you can check us out on youtube on rumble or follow us on x jerry Thank you so much. Great stuff this week. There's so much more to talk about. We want to thank all of our listeners for joining us this week and we can't wait to speak to you next week here on the real money show on 640 toronto The preceding was a paid commercial program unless otherwise identified the guests on the programmer employees of or otherwise represent the advertiser The opinions expressed therein are those of the advertiser and do not necessarily reflect the views and policies of chorus entertainment
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