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The Real Money Show
Silver Slams! Don't be distracted, Nothing Has Changed.
welcome to the real money show the number one eight seven seven eight silver and the website guildhallwealth.com if you've been watching the precious metals market this week hopefully you've been getting excited and just ringing your hands getting ready to make some purchases it's been a very interesting week in that regard and we want to get into the signal versus the noise and what it all means and is it a sign of of what's to come and what it all what it all means right Jerry exactly my name is Jeremy Wiseman I'm joined by Jerry Cariah the number one eight seven seven eight silver the website guildhallwealth.com and we want to welcome you to again to the real money show so Jerry the the overall commentary that I received from a lot of people this week who got a little bit concerned about the pullbacks in the markets was oh this is because of the of Trump coming in it's it's it's all a sign of Trump first of all I want to get your reaction to that well it's definitely a digestion from what from the results it was a landslide victory he's putting people into place that he said he would like him or hate him he's he's making moves and he's making he's doing what he's you know he's putting into position what he is he's focused on and people really need to really focus on on on on his crosshairs his crosshairs has always been a loose monetary policy and the market spinning it as it's going to be inflationary and he's gonna can balloon the mark he's gonna balloon the spending which is gonna destroy the Federal Reserve and one thing that's for sure he loved low rates he's always been critical of the Fed chairman Powell he even once stated he wanted negative interest rates so we're gonna watch his moves so I think what's being pushed is a narrative that he's gonna be inflationary but really what it comes down to the main focus is the Federal Reserve and his crosshairs are on the Fed okay so the Federal Reserve something we're gonna discuss a little bit further in the show and dig in on that my interpretation was this I was following on X tracking all of the analysts in the market and one of the biggest things I noted leading up to the election and post-election was that they were raising margin requirements on both gold and silver specifically on silver and we know what happens when you raise margin requirements on the metals it means it's more expensive to hold on to them and the idea is if they keep the the narrative reason to raise margin is to say oh we're trying to get rid of volatility in the market or whatever if they want to say okay at the end of the day we know why they're doing it it's because they want people to cough up the the long positions that people have taken in the market and if you make it more expensive for them to hold on to these positions they're just gonna let them go so you you soften them up right you're pounding the meat you're getting it nice and tender and then when you're ready you hit the market with 400 million ounces of fake product because yeah instruments how many people sold this week Jerry that was my question who sold I can tell you Jeremy who could who sold who sold according to Bloomberg record-breaking outflows hit gold ETFs after Trump's election the world's largest ETF gold the GLD which is not backed by physical that will never deliver the physical experience the biggest weekly outflow in over two years and according to the market pundits or market experts the gold ETF is the gold market apparently right so and and let's be clear that the people who are invested in ETFs don't own any actual physical product they are not what you would consider strong hands the fact that ease of liquidity of that because you don't own anything makes it very easy to knee jerk reaction out of that and I've got we've talked about that you know the having these financial options available for people who insist on owning precious metals these sorts of things that's fine what you have there is an investment not ownership so getting back to the margin requirements we saw them go up up up tender the tenderize the market got them to start letting go of their positions and then they moved in and shorted the market even more sold off a bunch of fake product into the market and that gets everybody at it right yeah the narrative is that people conflate what's actually going on in the world with turn in terms of behind the scenes in the market and they just look and say oh Trump won the election so it must have to do with that and they just completely misinterpret the signals of what's of what's really going on and then of course what yesterday or two days ago no I think it was yesterday we saw that well wouldn't you know it they started to lower margin requirements on the futures contracts for silver in other words they're getting right back on the train ready to push it back higher mm-hmm so you got forced out of liquidated forced out of your long position you know market comes down and now they're getting ready what's going to happen next according to Vince Lancy as he always discusses is now you want to see the pile on for those who want who think that oh it's just going to continue yeah the momentum is going to continue down where were you when it was at 34 we want to hit it when it's at 3050 and and start to short the market and that way the bullion banks get them on the other side as well or rather the big banks like Bank of America get them on the other side so we've seen this play out so many times that it's just you sit back you go uh-huh uh-huh and then as well I'd add two other things one when you look at the where the market has been over the course of the last 365 days remind yourself that back in less than a year ago the price of silver was trading at under $24 an ounce so it had a really really big move and it's okay and I was saying to you Jerry that just reminding ourselves that in January when the prices price of gold was $2,000 an ounce we're twiddling our thumbs completely twiddling our thumbs no one cared in January that the price had broken this new all-time high then it goes up all the way to $2,800 comes down to into the 2600 range and it's like I mean people aren't quite throwing themselves out of windows you know but they're very concerned all of a sudden and it's like but we're up $600 yeah this is a retest nothing ever goes up in a straight line although gold and silver we're rallying with that you know had that type of price action breaking all time high is almost every day in the gold market and I think it caught too much attention rapidly too quick and you're having major major institutions major banks piling into the gold and silver markets silver especially having Russia adding silver to its monetary reserves we're not just talking industrial reserves or a stockpile this is monetary reserves meaning this is here for liquidity purposes this is here for market setting and and market price scheduling so this is something that we just had to digest five days of digesting what's been going on post-election so I call this a digest I think we've already digested the news why do I say that well gold and silver are retesting the two-month low as the US dollar index the Dixie marches to a one year high as this market market is figuring out is Trump are these Trump tariffs inflationary and I think the market what the market experts and I say that with quotes on they're saying that they think that the tariffs are gonna be inflationary I mean you know if you look in the economic textbooks it may say that it is but we have to look at the overall policy now market experts are saying mainstream markets are somehow dismissing gold as a hedge right now Jeremy against inflation despite despite Trump's policies potentially raising US inflation so they're thinking that the tariffs are gonna be inflationary obviously if you're gonna put prices on imports coming in they could be they can they can the prices will be higher but it'll focus more on the domestic market let's boost the domestic side but he also brought up something earlier in the year about something that the forefathers had in their pocketbook which was impoundment and people often overlook that where you want to talk about it inflation and what was inflationary fiscal spending sending eighty five billion dollars a week to a country had nothing to do with the people and you're gonna keep pumping and spending eighty five we know was money laundering that was coming right back into their coffers impoundment clause that back it stops the spending so if you want to say that the tariffs are going to be inflationary you have to analyze it properly so looking back at the silver and gold market despite gold and silver retesting two months two month lows this is a good opportunity gold and silver is still up twenty four percent on gold twenty eight percent on silver the Fed signals are now in focus we got chair Powell chairman Powell speaking later today we're we're in recording on a Thursday but the thing that I focus on being in currencies is the Dixie the US dollar index because gold and silver are inversely correlated to this this strong dollar that we're seeing because the tariffs and inflation somehow we're gonna Trump is gonna raise interest rates when have we seen Trump ever say he wants to raise interest rate does he like being in a real estate a real estate model he's he loves low interest rates he wants to refinance that's what he does that's what he does so this strong dollar has peaked to a one year high Jeremy the US dollar index is at the peak level so we should be at a peak sell-off in precious metals this should be around the bottom here thirty thirty dollars and sixty cents US 3050 maybe on silver and gold as you mentioned around the 26 20 mark is a good support level so if you're for following the dips you want to play the dips and try to pick the dips this is something where I would would consider knowing that we have further interest rate cuts happening in the states in Canada that's coming up too so use your loonies wisely Canadian the number one eight seven seven eight silver in the website guildhallwealth.com if you want to acquire physical precious metals Guildhall is one of the best places to go to we only deal in LBMA approved product that means global liquidity is assured we also offer registered accounts so you can own it physically have it held in a vault facility outside the banking system fully allocated fully segregated to you you have direct ownership of your own physical precious metals within your RSP your TFSA your first-time home buyers account any type of account you can you can think of that's registered you can hold actual physical product and it's something that will show you how to do we walk you through the entire process will do all the heavy lifting and it's a great place to hold physical precious metals for the long term again one eight seven seven eight silver the website guildhallwealth.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 in the website guildhallwealth.com well Jerry it's that time again nothing goes up in a straight line and so the market has pulled off a little bit and we have to we've got to ask ourselves what in the world has changed so let's let's ask ourselves have have we gotten rid of the three hundred plus trillion dollars in global debt no that's actually going up did did the US debt that's getting that's closing in on 36 trillion dollars has has that disappeared overnight no has the money printing stopped around the world no as far as today is concerned not today okay are our central banks around the world did they stop accumulating gold all of a sudden or are they continuing to acquire physical gold as we speak aggressively no one selling off any gold or silver what they're selling off is the paper silver and gold but heavy aggressive purchasing of physical precious metals okay did did the bricks nations throw in the white towel and say okay guys we we give up the dollar is going to be strong we need to stop meeting like this we can't have any more meetings we can't do this unit we can't keep creating trade deals with each other we just need to stop we need to stop right now are the bricks done no okay so fundamentally speaking the debts have already been incurred they have to be paid off somehow and it's very interesting because I was listening to an interview today with David Kranzler who's a great analyst in the market and and Chris Marcus on Arcadia and they kind of got into it a little bit really yeah because as you know I very much strongly believe you look at the bricks nations you go you look at everything that's happening you say we are headed towards a monetary reset 2008 there was a crisis they kicked the can down the road but they didn't solve anything they just bought themselves some time and now it's time to actually fix the monetary system around the world and we've seen it starting to collapse everywhere which is why the bricks have come on so strong why are they so strong you know if they if if it was Larry Summers strong dollar policy of the 90s and a country in Africa decided that they wanted to join the bricks they would have been facing down the barrel of a gun that's right right if you look at Sam Hussein or Gaddafi when they made moves to say well maybe we're anti-dollar here the US showed them what was what and that was the quote-unquote strong dollar policy that people are attaching to Trump now last I checked when I remember by the way when Larry Summers joined Obama yeah I remember seeing that and thinking oh app forget change nothing's going to change absolutely nothing's going to change he's got the same money people that was there two days ago exactly so the strong dollar policy was based on the fact that there was nothing backing the dollar except military might and that's gone yep right now not in the sense of military might is gone but in the sense of trying to keep the dollar strong or we will hurt you or yeah bully you around and kill you yeah so so those things are those things are done getting back to this discussion so Chris Marcus says to Dave Kranzler he says well talks about Judy Shelton she wants to do a goldback treasury this could be a great sort of monetary reset return to common sense return to the Constitution and return to a gold standard of sorts and Kranzler lost his mind he completely lost his mind he was basically basically saying the current system could not support it that's not how the current system works and I'm thinking that's kind of the point Dave is that the system no longer works and it needs a big change and having big change doesn't necessarily mean everything falls apart overnight it just means that okay you've got to stop and his whole thing this was where it got crazy Jerry he said if you stop government spending like the market will crash it's like who's gonna build a road if if you're addicted to drugs yes you have to you have to stop and you know they're you're gonna have to deal with those results right you know we know of it yeah so you're just like no no no the idea here is not a strong dollar policy by the way and in my opinion my humble humble opinion it's it's no it's no manipulation of currencies it's we want proper trade deals where the currencies don't fluctuate and you can't manipulate your currency to undermine the deal we just did so that we can make long-term economic decisions this isn't another four-year administration they're building for a longer term gains for of course for not just the u.s. but for everyone and I think the bricks will come into that as well I don't think they're an enemy in this no I think they're moving out they're working together in tandem on a same goal because I think what I quote often but Volter said it you know paper money of eventually returns to insentrinsic value of zero and when we talk when we say zero sure the value is zero you potentially lost 97% of your purchasing power with the Canadian dollar and the in the u.s. dollar but zero credibility and I think by going back and making Judy Shelton's you know system you're making the dollar you know the dollar strong again you're making the dollar credible again credible strong strong is is relative correct and the funny thing was is Dave Kranzler by the way he said oh so you're you're you know I'm not going pervade him but he he said oh so you're assuming that the u.s. has the eight thousand tons of gold it's like yeah you mentioned that so you're a conspiracy theorist now it listen one day they will one day they will open the door of that vault and there will be product there because that vault it could be may not be Fort Knox it may not be West Point depositories but it's there you know they do have they probably have eight more than eight thousand tons and the fact of the matter is Jeremy when you did bring this up we've looked at others other countries who report their quote-unquote reserves we know that China for example reports 4,000 tons but off the sheets they have maybe 25,000 tons and they do it through military because the military doesn't report their purchases nor do they report how many ounces they have in reserves why for national security purposes and similarly I'm not going to tell you how much gold I have at home or civil right I have at home I don't want you on my my house mind you I don't right I'm in the industry it's all in the vault but for for these privacy reasons you don't you don't disclose all of your holdings no but I think it's part of a I think I think it's something that's going to be coming down the pike I think that it's all about transparency now right transparency of where the money is being spent transparency of who did what when the ideas to just start you know releasing JFK stuff or you know all 9/11 things it's all it's all about transparency and letting people know what the what the real story is of what's happening and I think one of the one of these days it's also going to be okay if we're going to open the vaults and show you what we got everyone's going to have to lay their cards on the table but certainly if central banks are buying it the US is going to participate in some way though I do wonder what happened to the gold that got airlifted out of Libya and airlifted out of Iraq out of Iraq and out of Ukraine when the revolution happened in 2014 so who knows where that gold went and who who really owns it you know we'll have to we'll have to find out hmm we have to find out that I got me thinking could it be on that strange island we don't know what island another time okay all right speaking of of islands and those living completely free of any context this silver Institute had a meeting recently and this is the silver silver Institute that our friend John Forrest little got kicked out of one of their events because he has done a ton of research and looked at the industrial value of silver in military usages and of course the silver Institute came out with their new report Jerry and and is have they talked at all about the military usages mm-hmm no not at all silver Institute report came out this earlier this week as they hosted their annual silver industry dinner in New York City where the precious metals consultancy firm presented their review of their market so we have the report here and the global industrial demand is on track for silver for a new record high in 2024 the silver market is set to see a sizable structural deficit for the fourth consecutive year global silver demand is suspected to rise one to two percent industrial demand forecast is is rising 7% in 2024 to surpass seven hundred million ounces for the first time on record so we're talking world record stuff here not just Russia adding silver to the reserves industrial demand but omitting once again military applications the the the canary in the coal mine the the biggest you know whale in the sea is being omitted they're not being focused on this is the big user the military and they're not they're not doing their job the silvers thanks for the info by the way I do want to know what about jewelry Jeremy silver jewelry and silver is going up to so it's kind of a report where you're saying your favorite team won but they didn't they didn't they didn't beat anybody down yeah it's like you're yeah okay silver is going to continue to rise but it's it's not it's not taking names right it's not going crazy crazy they won't admit what what the other usages are why do you think that is by the way why do you think they just don't want to tell you the full scope of the usages well you then you then put a dent you know if you're taking the silver away from the military and you take these you know the the military industrial complex we're talking about a major arm of you know control and hegemony in the u.s. in the world in the world they need they need the prices to remain tempered but when you have the the prices being usurped and sent overseas through the Shanghai gold exchange and the the Indian Bullion exchange who are pricing higher than the North Americans in London we have a big problem we have a big reset happening not just resetting with the US dollar but we're having a bigger reset with the physical commodity space and it's ultimately when we go through this exercise and we look at the silver institute we do appreciate the data but it does just coincide with what with what Bloomberg talks about earlier this week when they were digesting the Trump Trump election data pulling back in metals you know even today we're looking at five consecutive days down this is a good dip to be buying on they cited the fundamentals the fundamental drivers repressus metals are still in place nothing as you mentioned has changed the fundamental drivers remain supply and demand currency printing manipulation of the interest rates manipulation of the inflation data you know I was driving the other day and I was listening to some Canadian radio station and last week while I was driving and and and the report the this expert was talking and he said we have inflation now under control despite rising prices I'm like what a moron what a oxy moron that would be and how they have you know read just reprogrammed everything and redefined everything we are living today in the biggest clown world we got we got about 30 seconds do you think that in the states they might go back to is there a potential to go back to the John Williams reporting of inflation speaking of transparency and things like that do you think they might put their foot down and say let's be real with the American public yeah I think because it was away from the John Williams shadow stats reports like he's doing his job but this reporting was actually replicated by Larry Summers group so it's going into the government coffers now this is government papers that you're not you're under reporting inflation you can no longer use that inflation's under control inflation's not even a control because as you print four times the size of the Canadian economy you just blasted inflation you can't just squirt a an inferno with a squirt gun and start cutting interest rates you know we're cutting interest rates in December December 18 for Canada December 11th for the US they're cutting so there does they're just trapped they're gonna continue to manipulate everything so what a clown world it's in other words it's it's already done it's it's been printed it's in the mail if you want to hold some physical precious metals buy on the dip it's a low-risk entry point costs you less it's you've got every reason to be thinking about acquiring maybe if you hold it already acquiring some more on the dip if you've never purchased again you want to buy in a low-risk environment where the lower it is that's more low-risk entry point it's also a cheaper time to get involved this is absolutely the best time to get involved in physical precious metals you can buy direct with Guildhall you can acquire it and have it stored physically for ease of liquidity and security something all Canadians need to be concerned about these days and as well hold it physically allocated in your registered account so much more to come on the real money show the number one eight seven seven eight silver in the website guildhall wealth calm you're listening to the real money show on 640 Toronto we'll be right back welcome back to the real money show the number one eight seven seven eight silver and the website Guildhall wealth calm physical gold and silver has no counterparty risk you own it you're the only one who owns it if you're acquiring it in an ETF or a goldback fund a certificate there's lots of different ways to get exposure to the market most of those I would say 99% of them is not ownership it's actually an investment that means there's a counterparty in some way and that means that you don't actually own it so the the saying goes if you can't hold it you don't own it with Guildhall you acquire it you take it home you own it if it's in a vault facility you can go to the vault personally audit hold it in your hand take delivery anytime if you're holding it within your registered account you get your serial numbers specifically for your account that's held in a sub account as well you have ability the ability to go to the vault personally audit I said personally audit your holdings which means you can hold it in your hand a lot of times Jerry people will listen to their favorite gold analyst and they say if you can't hold it you don't own it which is interpreted to mean unless you're buying it physically and taking it home it's under your mattress and it's under your mattress that's the only way to go and that's that's not true there's lots of other analysts in the market who talk about listen if you're gonna hold a lot of it you need a vault you need security and you just want to make sure that the vault security that you're using has certain requirements and these are the requirements allocated ability to go visit ability to take delivery these sorts of things so we're happy to review all that with you if you have any questions so Jerry this came across my feet and I want to use this as a segway to talk about crypto and precious metals as it relates to crypto because there's as usual there's been a lot of comparisons this week on on that topic Nvidia accounts receivable have moved from 9 billion to 15 billion to show growth this this is posted by the coastal journal AR means they've claimed sales but haven't collected the money if Nvidia keeps receivables to hit its QTR quarter beat it can face accounting issues in the next 10k filing hmm that's very interesting I'm I'm gonna be very curious to see how that plays out that all this growth is account receivables but they haven't actually got the money artificial growth okay so this week Jerry let's just something to note do your own research we're not we're not advisors Bitcoin moved up a lot we know that that Trump Trump has embraced the crypto community that he said he would be the crypto president he would support them and I guess my first comment to you and I want to get your opinion obviously is that being pro doing whatever you want in the market is not necessarily saying I love this I want everyone to own it correct right he can't come out and say those things just like he can't come out and tell you go buy property in Florida you know around Marlago he can't tell you what to do he cannot do those things so embracing the ability to say look we don't like Gary Gensler guess what neither do we you know who does who does you know we'd like the manipulations to end in the market just as much in our market as in as in any other market but don't you think then that that the that much not all but much of the crypto world has misinterpreted that I think so I think a lot has been misinterpreted I think with I think there needs to be acceptance and I think with with any crypto for it to be successful you need adoption and I think by having Trump supporting the growth even regulation getting some clarity about what it is and and he's all for it is a it's freedom you know similar to offering in El Salvador people the ability to use Bitcoin use us dollars you're giving people options you're not just being off to authoritarian and you could only use this and that's it or going to Cuba and you have a local currency and then you have the main currency it's not it's not like that you're given you're given options so you're freeing it up so you're getting support and it's and it's I'm all for it you know we as a company we we have some reserves I think everyone should diversify and I think overall when we look at the crypto space and why we embrace it as well I mean we embrace precious metals as well because it's been through crises among crises and it's still around today it's it's the currency it's going back to the currency you you lose credibility and trust you start decimating the currency by over printing you have to give people an option off ramp so well and and one of the things about about Bitcoin you know first of all it's always valued in us dollars it's not valued on its own and I hate to be making a comparison but since people never seem to understand it gold is a measurement it's it's measured by weight it's not measured it's not measured by price and gold was the original money constitutional money the dollar is a derivative of if you think of like putch Cassidy and the Sundance kid it's like there's gold in a vault somewhere and we're using these pieces of paper and the reason that the pieces of paper have validity is because there's proof effectively that there's physical gold in a vault that represents these pieces of paper and you that's represented by the pieces of paper and you can redeem it and you know the reason why the dollar is still used is not just because there's a a value placed on it that comes out of nowhere it's it's the fumes of that old system that that people are misplacing and a lot of it is the miseducation of just somehow they they separated the two and that people still aren't sure how that all works so then they take that and they apply it to crypto now now Bitcoin is a derivative of the dollar so that means that if you put sanctions on Russia Russia can say okay well I'll just use Bitcoin it's it's valued in US dollars it's like using US dollars and there's less of it so it obviously if there's less of it the price can go up so it's this is this is why I think the argument coming from a gold guy I just think so many so much of the time that the argument for for crypto is just erroneous it's like you could you can focus on good things hey it's a derivative of a dollar that can't be printed infinitely so in a way you could curl back around through crypto to bring value back to the dollar and get rid of all the dollars because they're basically the same when people compare them by the way it's like if the dollar's a derivative of gold and Bitcoin's a derivative of the dollar it's like you're comparing the son to the grandfather yeah let oh let's let's let's versus the grandson versus the grandfather what what is it they're the same tree judge the yeah you judge the what gives it value by the fruit you judge the fruit by the trees what gives it value and then the best I still and I love this one they go you can't there's an absolute limit but you can increase the gold supply by one and a half percent a year okay one and a half it will take you almost a hundred years to double the supply what side of the scale are we on guys like these arguments are pretty loose you know so it's a currency people like it they're financializing it you know good for them you we accept it we're not in competition no no we do accept we do accept Bitcoin as payment for for gold and silver natural fancy color diamonds and just going back to general you know in general terms this is another diversifier we diversify with the various assets we believe in diversification but going heavyweight into something that is undervalued and that is finite and looking at the silver institute's data we see that silver is hard to come by right now this is insurance against inflation and over and and paper money that is just being that's losing its purchasing power by dominant central bankers who don't have your interests in hand they're printing it and they're printing it on the back of your children's and your children's children this is future inflationary pass on and you know to to cite a market analyst this week this is Exynity's group chief market analyst hand-in he said mainstream markets are somehow dismissing gold as a hedge against inflation I'm sorry you know you can say that all you want but this is historic gold has protected against the dollar silver has if you go to gold price org gold has defended against currencies devaluation by an average of 10 percent since 2009 we're using this data that I have in front printed today Thursday November the 14th gold price performance versus these basket of currencies which is the dollar index US dollar Canadian dollar Swiss Frank Chinese won euro pound on average 10% per year gold does protect against inflation and currency devaluation right now there is a push to dissuade people away from gold and silver and we're just here to tell you that don't be dissuaded the market is moving towards gold and silver there's a standard coming follow the yellow brick road because all roads lead to bringing credibility back to the dollar and since Dorothy left the Oz capital oh little Z little Zed Australia let's let's yeah thank you let's in the next segment discuss if the Federal Reserve will outlast the next four years the number one eight seven seven eight silver in the website guildhallwell.com it's a real money show in 640 Toronto welcome back to the real money show the number one eight seven seven eight silver in the website guildhallwell.com very important to have an asset that's negatively correlated to the dollar that has no counterparty risk and that means having an actual hard asset in your portfolio something that cannot disappear and that is physical gold and physical silver give us a call we'll show you how to hold it in your portfolio show you how to get it into a registered account Jerry last week chairman of the Fed Jerome Powell said he can't be fired well can the Fed exist within the next four years your thoughts. I'm definitely going to change we're going to see some huge changes happening with the Federal Reserve the gloves are off Powell said he would not resign even if Congress moves to audit the Fed and see where all that money went the showdown is coming today we're going to hear what he has to say Powell probably still has his gloves on he's probably going to be very defensive against the crosshairs that are on the Federal Reserve they are totally in panic mode which is why we're seeing in my opinion you know markets going crazy let's not look at gold and silver let's look at this market let's look at that market no let's focus on the Federal Reserve the very entity that once said give me the power to create the nation's money and I don't care who makes its laws they're throwing every trick in the book to dissuade gold and silver acquisitions but who are selling nobody. Powell Powell though he's not backing down he said he's going to stay independent even stating he's not going to resign as you as you said even though they just cut rates again they're going to keep cutting rates the markets saying that Trump's are Trump's tariffs are going to be inflationary which means that under Trump's presidency they're going to keep rates high but they're at they're a bargaining tool they're bargaining tool it's a last if if we can't get the deal done you hold that back as here's the consequences let's get a deal done right the ideas to avoid them not have them put into place anyway I think that the memes like Tyson and Paul right with the fight coming up I think we're gonna see those with Jake Paul I think we're gonna see those with with Jerome Powell and and and Trump as they battle for control over the over the monetary system of the United States so listen that's gonna be a show it's a showdown ultimately the debts are in place all the fundamentals have not changed call us email us we're happy to talk to you about all of those things and find out why we're so excited about where gold and silver are headed over the next several years because none of the fundamentals have changed and it only means that the prices can go much much higher from here if you want to get involved in the market go to our website guildhall precious metals calm if you want to get involved in the registered accounts you can go to guildhall wealth calm if you've missed a show you can check us out on YouTube you can check us out on rumble please follow us on X there's some cool stuff that we're putting out and reposting some great information there Jerry great to have you back great to chat with you this week I want to thank everyone for joining us and again the number one eight seven seven eight silver the website guildhall wealth calm thanks for joining us here on the real money show on 640 Toronto the preceding was a paid commercial program unless otherwise identified the guests on the program are employees of or otherwise represent the advertiser the opinions expressed there and are those of the advertiser and do not necessarily reflect the views and policies of chorus entertainment what if you could have a streaming service that added new shows and movies every day 365 days a year tune in on Monday and watch traumas like fight night the million dollar heist Tuesday watch reality shows like top chef Canada and Wednesday enjoy comedies like Ted and it just keeps going and going every single day no matter when you tune in there's always new entertainment for you to discover stack TV new shows streaming every day try it free applicable membership required restrictions apply