China Just Broke the Banking Cartel’s Grip on Silver — Is the Great Financial Reset Entering Its Finale? - Man in America Podcast

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:15):
Welcome to Man in America, a voice of reason in a
world gone mad. I'm your host,Seth Holehouse. Right now,
something absolutely significantand wild is happening in the
precious metals market. Silverhas gone through the moon in the

(00:36):
past couple of days, the pastcouple of weeks. We're seeing
something very significanthappen.
And gold has followed as well,but silver is really starting to
break out, and we're gonna betalking about what this means
because this isn't a show todayon precious metals or investing.

(00:56):
It is so much bigger than that.Because in my quest to
understand what the heckhappened to this world, why is
it in this country of America, Ilook around and I see so many
things just not working right,so much suffering, so much
fighting, so much distraction?So much of this traces to the

(01:22):
financial system. And as you tryto understand and peel back the
onion of the layers of control,you come to a place where you
see that money in the financialsystem, in a fake, controlled
financial system, that wholething is one of the most

(01:43):
powerful tools that the elites,the cabal, whatever you wanna
call them, it's one of thosepowerful tools that they have to
control our society.
And when you understand that,and then you then start to
understand the relationship ofprecious metals and that
financial system that is a tool,a weapon to enslave the entire

(02:08):
world in this debt basedfinancial system, you understand
that precious metals are key tothis entire system, and that
what's happening right now withthe breakout of these prices,
with the change in the gold tosilver ratio, that what's
happening is signaling amassive, massive change in this

(02:32):
financial system and in thissystem that is being used to
control us. It's a capitalrotation event. There's there's
and there's so much more thanthat, which I'll be getting into
all of this and more on today'sshow. Before we jump in though,
a few quick notes. First off,thank you for coming and
watching.
If you're watching on Rumble,thank you for supporting a free
speech platform. Make sure youhit that thumbs up button. Make

(02:53):
sure you're following thechannel. If you're watching on
YouTube, which with this videowill go on YouTube because I'm
not talking about medical orthose kinds of things that
YouTube censors heavily, pleasego watch on Rumble instead.
YouTube is such a controlledsystem.
By by using YouTube, you'refeeding the beast system. So
please go watch on Rumble orBand. Video or Bit. Shoot.

(03:16):
YouTube is it's bad news.
It's very bad news. Also,reminder that every show that I
do is done as a podcast as well.So if you wanna listen instead
of watch, just go to yourfavorite podcast app and search
for Man in America and look forthe smiling guy with a beard and
click subscribe on there.Alright. So let's go ahead and
just dive into today's show.

(03:37):
I don't have any guests today.It's just me talking about this.
Now I've been talking aboutprecious metals since early,
early on in the Man in Americashow, and not only do I like
them, like, love the feeling ofholding a a nice solid 10 ounce
bar of silver, but to me, it isa much bigger thing. It's not
just about again, like Imentioned, it's not just about

(03:57):
investing or precious metals.This right here, understanding
this metal right here, if youunderstand this metal through
the lens of the global financialslave system that we live in,
you understand how significantthis right here let me pull up
this chart for you.
You understand how significantthis chart is right here. So

(04:21):
this is the silver price as ofyesterday. I'm recording this on
Saturday, December 27, this isDecember 26, day after
Christmas. In that one day,silver went up actually, that's
showing me the sixth month. Inone day, silver went up over
11%.
It is now close to $80 an ouncein the according to the COMEX

(04:46):
pricing, which will I'll begetting into COMEX, the Shanghai
Metals Exchange, and and a fewof these things. I'll be
explaining some of the,information behind this to help
give you context to understandwhat's happening. But looking at
this chart right here, this iswild. Silver at $80 an ounce. I
remember when silver startedreally breaking out, when silver

(05:06):
had crossed 50 only a few monthsago.
I mean, let's look at one year.Okay? So let's look at this one
year chart. I remember whensilver crossed 50 right around
gosh. That was only in October.
That was such a big deal forsilver to cross 50. And then if
you remember, it pulled backafter that. It got down to, say,

(05:27):
47, 46, and a lot of peoplestarted feeling nervous. You
know, even my mom actually, whohas followed my advice
consistently on precious metals,and she's been slowly just
buying a little bit here, alittle bit there, but she's been
buying silver since $22 anounce. And when it was at when
it crossed 50, I think it was at54, she bought a good chunk of

(05:48):
silver on my advice, and it thendropped.
A couple days after that, Idon't know if they say 47, 48,
and I felt, okay. Did I give herbad advice? I said, no. Because
this isn't like the last time ithit 50 when it came straight
back down. This is different,what's going on here.
This is the system itself that'schanging. The mechanisms of the
price control are breaking. Andso even though it felt like, oh

(06:12):
my gosh, she she paid so much at$54 an ounce, it's not doubled
since then, but it's gone upsignificantly since then, to $80
an ounce. That's a huge gain.Now this is a good thing, but
it's also a scary thing becausethis shows you a lot more of
what's happening.
So I wanna first start lookingat the silver manipulation, the

(06:37):
paper market. And I'll take astep back and just give you a
little bit of context for this.So there was an interview I did
with David Jensen. And it's oneof my favorite interviews I've
done, where he explained the,LBMA, he explained how the paper
manipulation works. And I'll trymy best to simplify it.

(06:59):
But, basically, in 1971, whenNixon pulled the dollar off the
gold standard, that meant thatthey could then start printing
as many dollars as they wantedwithout any kind of commodity to
back that, with nothing that wastying that dollar to physical

(07:19):
reality. So they could mean,guess their only limit was how
much ink and paper they had, butif you're the one printing the
money, you can buy as much inkand paper as you need. But what
happened is after he pulled thedollar off the gold standard in
'71, over the course of the nextdecade or so, we saw silver and
gold go on a massive run,increasing in price. And people

(07:42):
thought, oh gosh, wow, why whyare gold and silver going up so
much? But actually, washappening, as David Jensen has
explained, is that gold andsilver are the canaries in the
coal mine for inflation.
And so what happened was thatbecause they were printing all
those dollars, the prices ofgold and silver naturally were
rising with all the increase inmoney supply. And people

(08:05):
realized like, oh, the metal'sgoing up, it's a reflection of
overprinting. It's actually thedollar that's being devalued,
it's the dollar going down. Butthey had to hide that. So in the
eighties, they created somethingcalled the LBMA, the London
Bullion Market Association,which was handed over to the

(08:25):
Bank of England, which is theRothschilds in essence, and that
is where they introduced thepaper contracts.
Okay, so basically meaning thatinstead of this say you think
you own this $10 or say this 10ounce bar of silver, instead
they're gonna say, you knowwhat? No, here's a contract.
Here's a contract saying thatyou own this bar of silver. But

(08:49):
for every single bar of silver,they might sell a 100 contracts.
So this is their way ofartificially increasing the
supply of silver withoutactually having to increase the
physical supply of silver.
Right? This is you're gettinginto derivatives here. It's
you're betting on a bet on a beton a bet. You're trading on the
kind of multiples of something.And so right now, the current

(09:13):
paper to silver ratio Actually,I'll bring it up, let me bring
up, I think it's a U.
S. Debt clock, let's check itout real quick. So on here,
there's a lot of goodinformation here, but if you
scroll over to this side here,you can see right here. See that
in the middle, paper to silverratio now, paper to gold ratio
now. This is showing roughly howmany paper ounces there are for

(09:35):
every one physical ounce.
So they had this how muchthey've inflated the supply of
silver, so that every singlephysical ounce has 356 paper
ounces. And this is how theyhave created a mechanism to
suppress the price of gold andsilver. Now I want to jump into

(09:57):
an article here that explainsthis or not actually sorry, not
an article. It's a little it's apost here. I've got some really
good information, a lot of,stuff I found over on Twitter,
which actually I like calling itx.
It's called Twitter in my mind.X is think it's sort of
transhumanist agenda, I guess,to call things letters and and
and numbers. Anyway, it's adifferent different thing. Okay.
Anyway, this guy's explainingwhat's happening.

(10:20):
He says, the backbone of thepaper silver system is breaking
in real time. For years, silverprices were controlled not by
who owned the metal, but whocould borrow it. Here's how it
normally works in simple terms.Banks don't need to own silver
to sell it. They lease silverfrom large holders, vaults,
institutions.

(10:40):
They sell paper contractsagainst it and promise to return
the metal later. As long asmetal can be borrowed and rolled
over, paper supply looks endlessand prices stay calm. So this is
really this is the fundamentalof their system. It's the whole
thing. It's a Ponzi scheme.
Right? It is an absolute Ponzischeme that is just lies and

(11:00):
smoke and mirrors that they'veused, but this Ponzi scheme is
actually breaking now. As longas metal can be borrowed and
rolled over, paper supply looksendless and prices stay calm.
That system depends on onething, metal owners being
willing to lend. Now that'schanging.
When silver owners refuse tolease, even when offered higher

(11:23):
interest, they're sayingsomething very important, I
don't trust that I'll easily getthis metal back later. So this
is key, is that the paper systemis built off of, in many ways,
the lending, the leasing ofsilver. So say that, you know, I
own this $10 bar of silver, Ihave it in a bullion bank. Say,

(11:44):
I'm a bullion bank, and I havemy 10 ounce bar of silver. These
banks will quote unquote leasethis silver, and they'll sell
contracts on this silver,saying, look, we'll just you
know, we'll pay you back for itthough.
Okay? We're gonna lease thatsilver. We're gonna borrow that
silver and lend against it anddo all kinds of financial, you
know, effery. That's the onlyword I can think of, to make

(12:08):
some money and to scam peopleand to, you know, do what banks
do these days. But this is whathappens, Right?
He says that when silver ownersrefuse to lease, even when
offered higher interest so thebank might say, look, Seth,
we'll lease this piece of silverfor you for 5%. I say, no. I
don't I don't really trust you.They say, okay. We'll give you

(12:29):
10%.
I don't really trust you.Because if I lose it, I'm losing
more than 10% of the value ofthis thing. They must say, okay.
We'll give you 20%, 30%. No.
I don't trust you. So he says,when silver owners refuse to
lease even when offered higherinterest, they're saying
something very important. Idon't trust that I'll easily get
this metal back later. At thatmoment, the illusion of
abundance breaks. Paper marketscan still trade contracts, but

(12:52):
those contracts are no longerbacked by flexible pool of real
metal.
They become promises withoutshock absorbers. So what happens
next? Price has to do the jobthat leasing used to do. If
metal won't come out for yield,it must be pulled out by higher
prices. Not gently, violently.
This is why markets suddenlybecome extremely volatile,

(13:14):
unstable at opens, prone tosharp drops and even sharper
rebounds. It's not chaos, it'sstress transfer. Instead of
stress sitting quietly on bankbalance sheets, it moves into
the price. This is how papermarkets lose control, not
through defaults, not throughannouncements, but through
refusal. Refusal to lend,refusal to smooth, refusal to

(13:37):
pretend that metal is plentiful.
Once that happens, pricing powershifts slowly at first then very
fast. The simplest takeawayanyone can understand is this,
as long as silver can beborrowed, paper controls the
price. Once silver won't won'tbe borrowed, price must rise

(14:00):
until someone gives it up.That's where we are. That's so
key there.
As long as the banks can keepborrowing the silver, they can
use the paper to control theprice. But once the silver can't
be borrowed anymore, the pricemust rise to make me say, you

(14:22):
know, I'm not gonna lend it toyou for a 10% interest. But if
silver goes up to $75 an ounce,I'll just sell it. You can have
it. That's what's happening.
Another way of putting this is apost I have here from Cliff
High. He's a pretty brilliantguy, especially on metals. He

(14:42):
says, The agreement call to tryto save the Federal Reserve
note, right, the Dhar bill, theFern as he refers to it, and all
the derivatives based upon itsettled at $75 per ounce for
silver. It has already failed inless than nine hours. The
bullion banks are no longer incharge of the metals market.
It is the industrial users andspeculative investors who now

(15:04):
rule. That is the key. Thissentence right here, he's saying
the exact same thing as theother post, but the bullion
banks are no longer in charge ofthe metals market. It is the
industrial users, manufacturers,etcetera, and the speculative
investors who now rule. This isreally, really important.

(15:29):
So what's also happening withthis is that you have to
understand the suppression ofsilver as it relates to the gold
and silver ratio. So I'm gonnapull up a little graphic here
for you. So this is the gold tosilver ratio throughout history.
What this means really is it'sthe price of gold to silver. So
in Egypt, in February, it was aone to two ratio, meaning

(15:53):
hypothetically, if an ounce ofsilver was $20, an ounce of gold
was 40.
Right? It's a one to two ratio.Now historically, it's been, you
know, on average closer toaround one to ten, one to
twelve, one to 15. You can see,right, all throughout history,
this has been the ratio. I'mpretty I think that it comes out

(16:14):
of the mount of the ground ataround one to eight.
So it's actually reflective ofthat. I think it's every for
every one ounce of gold, it'sroughly, like, eight ounces
silver. Don't hold me to butit's somewhere in that range. So
you can see in under Caesar,right, forty BC, it was a one to
eight ratio. Egypt, one to nine,February.

(16:34):
So what's happening though, isyou have all this going up,
1500s is one to 10. 1600s is oneto 12. Right? As of November 30,
it was one to 75. Doesn't makesense.
It doesn't make sense. There'sthat's why I have a little clown
graphic. There's something goingon here. If you look at the
chart of this, right? So this isthe chart showing you the gold

(16:59):
to silver ratio.
So let me go to, one year onthis. So right around April 22,
April this year, it was atroughly a one to 100. Now, I
forget the exact prices. I mean,I actually, I can show you. So
right around April, if it's oneto one hundred, and we're

(17:19):
looking at April okay.
Let's go to one year. So April,I think it was around $30. Yeah.
Right. So it was around $30 anounce for silver, and it was
roughly $3,000 an ounce to gofor gold.
So 1 to 100. But this is what'shappening. That's breaking. So

(17:40):
let's look at, let's look whereit's at. So okay, again, at
April, one to 100.
Let's look at what we've done inthe last six months. Okay, so
six months ago, it was one toone to 90. Look at this sharp
decline here, okay? We're nowdropping down to a one to 57.
This is really significant.

(18:01):
The fact that this ratio ischanging, this is key. A lot of
people have been talking aboutthis. This is why for the past
couple of years, if anyone hasever asked me, Seth, do you
recommend gold or silver? I'vealmost always said silver.
Silver, silver, silver.
And I own gold, but I also my myportfolio is much more leveraged

(18:23):
here much more not leveraged,but much more in silver. Why?
Because one thing, looking atthe ratios of gold to silver,
silver has a lot more room tomove. So if gold doubles in
price, silver can quadruple inprice, or go 10 times the price,
and still not be breaking thethe proper ratio for gold to
silver. So right now with goldat nearing 5,000 an ounce, if it

(18:49):
was a one to 10 ratio, thatmeans that silver should be at
500 an ounce.
This is why a lot of experts aresaying that silver should be at
500 an ounce. You know, CliffHigh has famously said over and
over again, 600 an ounce. A lotof people that really understand
the system are saying silvershould be 500, 600, even $1,000
an ounce. People are saying thatgold will get to 10,000 an

(19:10):
ounce, and silver will be 1,000an ounce. And I happen to agree.
And when you see this happening,you can you can make sense of
it. But what's happening though,this isn't just this this big
this big change. It's not justthat the paper market is
breaking because people arelosing confidence, and they're

(19:32):
saying, look, I would ratherhold this in my hand than trust
that you're gonna deliver.Because if you remember, early
this year, you know, again,early twenty twenty five, there
was a time period when the, thethe bullion banks in London were
were taking, you know, weeks todeliver, and there's a lot of
speculation of where they wantrunning out of metal. Because it

(19:53):
used to be if you had your papercertificate, and you went to the
bullion bank, and you said, hey,I want my metal.
It might take you a couple ofdays, but all a it's taking four
weeks or six six weeks or eightweeks. And people are saying,
why is it taking so long? Arethe bullion banks running out of
the metal? Well, I think whatwe're seeing is that it's
probably what was happening, butthere's a much bigger thing
that's going on here, and it hasto do with China. So I've got

(20:16):
another really good post to readhere over on Twitter from,
Terrell Miles.
I'm gonna read this. This isvery important. I'll pull it up
for you. It says, China justbroke the silver market. And
this is very, very key tounderstanding what's happening,
and understanding why the papermarket is breaking.

(20:37):
In addition to the things wetalked about so far, this gives
you a very important context. Hesays, if you own silver, this is
a must read. Here's what nobodyis telling you about 01/01/2026.
Starting New Year's Day, Chinais restricting physical silver
exports, not slowing them, nottaxing them, restricting them.

(20:57):
And the price action that we'reseeing right now, it's not a
glitch, it's a warning shot.
Let me walk you through what'shappening in real time because
this might be the biggeststructural shift in precious
metals markets we've seen in ageneration. The impossible price
gap. Today, let me put this postout. On Christmas Eve, Shanghai
closed physical silver at $77.89per ounce. At the exact same

(21:24):
time, the COMEX, the westernbenchmark, so COMEX means the
commodity exchange, the westernbenchmark for silver was trading
at 72.
That's a $5.66 spread. To putthat in perspective,
historically this gap rarelyexceeds $2. Why? Because
arbitrage traders instantlyexploit any difference, buy
cheap in one market, sell highin another, rinse repeat, the

(21:45):
gap closes in minutes. Meaningk.
So if you could buy silver for,say, $50 an ounce at the COMEX,
and you could sell it on theShanghai silver market, you
could sell over in Asia for a$100 an ounce, then what you'd
have is almost instantly,everyone would buy all the
silver in the Comex, and they'dsell it all through the Shanghai

(22:09):
market, and they would doubletheir money. So historically,
the price between the twomarkets has been very, very
close. Right? As you're saying,you know, it's roughly, you
know, $2. It really exceeds $2.
I'm worried so I used to do alot of business over in Asia in
the jewelry industry. So thisis, you know, back 02/1112, I I
would go do, you know, tradeshows and whatnot over in Hong

(22:30):
Kong and China and Taiwan, and Iwas sourcing inventory over in
America and selling it over toAsia. Now at that point, if I
had silver or gold, say, goldnecklace, I was pricing it, say,
$2,000 an ounce based upon, youknow, getting it buying it in
New York, it was it was worth2,000 an ounce over in Asia.
Right? It's not like could buyit in New York for 3,000 or for

(22:53):
2,000 and sell for $33,000 inAsia because it's just how
commodities work.
Right? The price is veryconsistent. But listen to this,
so to put that in historically,this gap rarely exceeds $2. Why?
Because arbitrage tradersinstantly exploit any
difference, buy cheap in onemarket, sell high in another,

(23:14):
rinse repeat, the gap closes inminutes.
But when a $5.66 premiumpersists for hours on a half day
trading session no less, whichis what happened Christmas Eve,
something fundamental is broken.The arbitrage machine is dead.
It's dead because the physicalmetal cannot move the way it

(23:35):
used to. What Shanghai's priceactually means? Let me clarify
something crucial.
China isn't overpaying forsilver. Shanghai's $78 an price
reflects what silver costs whenyou need actual metal delivered
to your vault, not a contract,not a promise, not a cash
settlement. The Shanghai FuturesExchange operates on physical

(23:55):
delivery. When Chinesemanufacturers need silver for
solar panels, EVs, orelectronics, they pay Shanghai
prices. That's real demandmeeting real supply.
The COMEX, it's entirely adifferent animal. So COMEX
futures are heavily leveraged inpaper contracts. They're mostly
cash settled. They rarely resultin the actual delivery, means

(24:17):
people are just they're tradingon with cash and paper off the
silver. So they're not buyingthe actual silver to hold the
silver, they're buying acontract on the silver and then
trading those contracts andsettling that in cash.
So the silver's not reallymoving around much. It's it's
it's this monopoly money market.So the vault excess is

(24:39):
accelerating. So while marketswere winding down for the
holidays, the metal was movingout. Comex registered available
for delivery silver inventoriesjust posted sharp declines.
So these are the, you know,could few of the bigger bullion
banks. So the Asahi was, minus1,420,000.00 ounces. JPMorgan,
minus 600,000. C and Tdepository minus quarter million

(25:00):
ounces. So the total registeredstanding is 127,000,000 ounces.
So for context, global silverdemand runs approximately
1,200,000,000 ounces annually.COMEX registered represents
roughly 10% of annualconsumption. It's draining. It
isn't volatility. It isn'tseasonal adjustment.
This is what a modern bank runlooks like looks like. Except

(25:23):
instead of people lining upoutside branches, you've got
forklifts loading pallets on thetrucks headed east. And here is
why January 1 changes everythingso China's export restrictions
don't happen in a vacuum. Chinais simultaneously the world's
largest silver consumer forindustrial demand and a major
silver producer and refiner.It's also sitting on a depleting

(25:45):
domestic vault inventory.
By restricting exports startingJanuary 1, China is essentially
declaring whatever silver weproduce or refine stays here.
The immediate effect, Westernmarkets lose a critical supply
valve. For years, when the COMEXor the LBMA, which is out of
London so COMEX I think is outof Chicago, if I remember
correctly, so America or theLBMA in London when they needed

(26:08):
physical delivery, the metalcould be sourced globally,
including from China. Thatsafety net is about to
disappear. And the market ispricing this in right now, so
the premium tells the realstory.
Today, the physical premium inShanghai exploded to over $8 an
ounce above the Comex, $8. Thisisn't noise, this is structural,

(26:28):
an $8 difference wherehistorically it rarely exceeds
$2. Premiums spike when physicalbuyers are willing to pay
whatever it takes to securedeliverable metal. It signals
supply tightness, the vaults arerunning low, delivery urgency,
and industrial users can't wait,import barriers, getting metal
into China is harder and slower,and geopolitical hedging, smart

(26:50):
money wants tangible assets.When physical markets
consistently trade above papermarkets, history shows one
outcome.
Paper prices eventually chasephysical reality higher. So you
it might make sure youunderstand that with me. So when
physical markets consistentlytrade above the paper markets,

(27:11):
history shows one outcome. Thepaper has to chase the physical
price. Every major commoditybreakout starts this way, not
with hype, but with fundamentalsupply demand dislocations that
paper markets can't suppressanymore.
So East versus West, the twodifferent markets. Here's the
bottom line. The West pricessilver unleveraged. The East

(27:35):
prices silver on scarcity. COMEXreflects speculation, hedging,
and paper supply.
It is a derivatives marketmasquerading as a pricing
mechanism. In my view, it's ascam. I happen to agree.
Shanghai reflects realindustrial demand, vault
constraints, and physicaldelivery. And right now, the gap

(27:55):
between these two realities isscreaming one message: Physical
silver is separating from papersilver.
This is so important. Physicalsilver is separating from paper
silver. What this means is thatpaper silver is how they have

(28:15):
suppressed the price ofphysical. They have suppressed
the price of physical to hidethe fact that they are printing
the dollar hand over foot.They're just pressing on that
button, just burrowing out thatmoney nonstop.
But the paper they've used todisguise that inflation to hide

(28:37):
the fact that they'reoverprinting is breaking. So
you're go you're seeing thatreflected in the price of
silver, in the price of gold,and it's actually the price of a
lot of the commodities andmetals, which I'll be showing
you. This is showing you thefiat system is collapsing. The
fiat system is running its end.It's hitting the wall that

(29:01):
happens to all fiat currencies,and that's what this really
shows you.
When you see these prices goingup like this, that's what it
shows you. So what this meansfor you, if you're holding
physical silver, understandwhat's happening. The metal you
own is being repriced in realtime. Global supply chains are
fragmenting. The infinite papersupply narrative is colliding

(29:23):
with finite physical inventory.
If you're holding papercontracts, ETFs, or unallocated
positions, you might want to askyourself what you actually own
when settlement time comes.Because when Shanghai is paying
78 and the COMEX is printing 72,one of these prices is out right
lying. And it's not the onebacked by forklifts moving 1,000

(29:45):
ounce bars out of the vaults,which is what we're seeing over
and over again out of China. Thebreakout is starting. This isn't
the end of silver's move.
This is how breakouts begin,headlines, not with retail FOMO,
fear of missing out, withstructural breaks in the
plumbing of global markets, withpremiums that shouldn't exist,
with vault inventories thatcan't be replaced. China's

(30:07):
export restrictions go live ineight days. The market is
already reacting. The questionisn't isn't whether silver is
going higher. The question iswhether you're positioned for
what happens when paper marketsfinally admit what physical
markets already know.
There isn't enough metal to goaround. Know what you hold. So

(30:31):
I'm gonna bring up another posthere. Okay? What does it mean
when all these metals are goingup like this?
It's showing us that the dollaris dying. It's one of many
things. But again, if you tracethis back, there's a reason why
I started talking about whathappened in this in '71, in

(30:54):
leading the creation of theLBMA, I think it was in 1986.
They created that mechanism tosuppress the true inflation of
the dollar, so people couldn'tsee how much overprinting was
happening. But now thatmechanism is dying, and the

(31:15):
world is now seeing the dollarfor what it is because now it
has a benchmark.
That canary in the coal mine haslong been dead. You look at it,
it's like smoking. It fell outof its cage, and it's in there,
it's smoking, and it caughtfire. And you're like, Yeah,
that's not good. That's not goodat the canary that's gonna warn

(31:36):
us if we're gonna die is dead inlike in a burning pile of ash in
the bottom of its cage.
That's what's going on here. Sothis person on Twitter says,
This is not good at all. Look atthe screen. Now here's the
screen he's talking about,right? These prices.
Gold, up. Crude oil, up. Silver,up. Copper, up. Platinum,

(32:01):
palladium, okay.
So let me continue. Look at thescreen. Gold up, silver up,
copper up, platinum andpalladium up, even oil. This
almost never happens at the sametime. Historically, when every
major commodity ralliestogether, it means stress is
intensifying.
Here's why this matters. Inhealthy expansions, commodities

(32:22):
move selectively. Industrialmetals rise with demand and
energy follows growth. Preciousmetals usually move very slowly.
But when everything movestogether, it's a sign of the
capital rotating out offinancial assets and into hard
assets.
We saw the same setup before the2thousand,uh,.com bubble, the
two thousand seven globalfinancial crisis, and twenty

(32:43):
eighteen repo market crisis.There's no example when this
didn't lead to recession. Thisterm here, the capital is
rotating. My limitedunderstanding of this is it's a
capital rotation event, meaningthat money is leaving the stock
market, leaving the kind offinancial institutions, and the
people are moving their moneyout of these digital numbers and

(33:07):
paper games. Like, that's theentire financial system.
It's numbers and papers andzeros on a screen. People are
losing faith in that, so they'repulling their mind. The capital
is rotating from the imaginaryworld of banking and modern
banking and derivatives into thereal world of hard assets. And

(33:28):
that's what you're seeing here.So I want to read a short
article here.
There's an interview that, GregHunter did with, Bill Holter,
AKA Mr. Gold. He sums up verywell what's happening here.

(33:48):
Very, very well. So I'm gonnaread a good chunk of this.
Financial writer and preciousmetals expert Bill Holter, aka
Mr. Gold, has been sounding thealarm of the profound risk in
the financial system. At theDecember, he warned about the
record setting silver prices andsaid, quote, it's pretty clear
and pretty obvious thatsomething behind the scenes is

(34:10):
breaking. Whatever is breaking,he says, What is breaking is the
extremely leveraged futuresmarkets with not enough physical
silver to deliver. Fast forwardto the end of the month and new
record highs in gold and silverare happening every day.
Mr. Gold says, quote, they aregobbling up all the supply

(34:31):
available because theyunderstand this is the end of
the fiat currency experimentthat started 08/15/1971. Fiats
are collapsing. This is the Huntbrothers on steroids. So if
you're not sure, the Huntbrothers, they famously tried to
corner the silver market, andthen the Comex, they changed the

(34:52):
rules, and there's you had a bigcrash in the silver markets.
So this is something bigger.Okay? He says, this is the Hunt
brothers on steroids because youhave the entire world buying
physical. The Hunt brothers gotinto trouble because they were
buying paper contracts, andComex changed the rules. COMEX
can change the rules they whenthey want.
It won't matter because the restof the world is buying cash and

(35:12):
carry. They're so okay, whatyou're saying now is that the
COMEX can change the rules theywant, but it doesn't matter
anymore because the rest of theworld is buying cash and carry.
They will not accept papercontracts. They want real
physical metal. So when peopleare this is me talking not him
anymore.
So when people are playing thispaper game, they're bound by the

(35:34):
rules of the paper game. So ifyou're trading in paper and
you're buying in papercontracts, the COMEX controls
that game. It's like you'replaying monopoly with their
money, and they can changehowever they want to. But people
are exiting the game. Like, howdo you how do you win at the
game versus these these elitebankers?
You don't play their game, andthat's what's happening. It says

(35:55):
people will not accept papercontracts. They want real
physical metal. Articlecontinues, here's where it gets
both interesting and dangerous.What happens if the short
sellers cannot deliver thesilver promised?
Mister Gold says, quote, peoplesay if they can't deliver, I'm
gonna tell you at some pointthey will not be able to
deliver. And when that momenthappens, it's game over for the

(36:17):
entire financial system. Silver,and I believe it will be silver
that fails to deliver, Silver isthe blasting cap to the gold
nuclear bomb. When silver failsto deliver, meaning if you have
a contract at the COMEX for a100,000 ounces of silver, and
you then want that silverdelivered, right? Because you

(36:40):
put all that money into thosecontracts because you believe
those contracts are backed byreal silver.
But if the COMEX cannot deliverthat silver to you, if they
can't get ahold of those 100,000ounces of silver to you, that's
when the whole thing breaks, andthat's exactly what's happening.
So he says that when silverfails to deliver, immediately

(37:01):
there will be a pile into theCOMEX gold, and they will not be
able to deliver the gold. Oncethat happens, you will have
failures of contracts that areproven fraudulent. And that's
the key. They're proven fraud.
This this is a bank run. This isit's equivalent of bank run.
Right? When that bank is onlyholding a 5% reserve or, you
know, reserve, and you go thereand you want all your money, and

(37:22):
your neighbor does too, and yourneighbor does as well, and you
all go there and, you know,collectively the bank owes you a
$100,000, they come out and theysay, sir, we only have $10. It's
proven fraudulent.
They are zeroed out and cannotperform, then it spreads to
cattle, pork, pork bellies,grains, and you name it. This is

(37:42):
not to mention the financials ofstocks and bonds. Once you prove
fraud and silver, that's goingto spread to all the
derivatives, and we will have aderivative meltdown. The world
wants gold and silver becausethose are the only two monies
that cannot default. This iskey, is that the paper game
they're playing with silver isnot just silver.

(38:04):
They're doing it on, as youmentioned, cattle, pork bellies,
grains, you name it. This is whythe derivatives market isn't in
like it's a hundreds oftrillions. Like, literally, the
derivatives market, I think it'slast I checked, it was, you
know, got 300,000,000,000,000 orsomething insane like that,
maybe even more. So again, onceyou prove the fraud in silver,

(38:26):
that's going to spread to allother derivatives, and we will
have a derivative meltdown. Theworld wants gold and silver,
because those are the only twomonies that cannot default.
They'll never lose their value.They never have. They never
will. They've had value sincethe beginning of time,
basically. 5,000, they werestill treated as money.

(38:50):
What you're seeing in the goldand silver markets now is far
from a top. This is just gettingstarted. He says, These
contracts are a zero sum game.There's a winner and a loser. If
the loser loses so big, they gobelly up, then the winner
becomes a loser because theycan't get paid.
That's the problem. When thisactually hits, and there's a

(39:12):
failure to deliver, gold andsilver will be wiped off the
shelves, and there will be noneto be bought. This will be a run
for safety, and fear is thegreatest emotion there is. Fear
is far greater emotion, is a fargreater emotion than greed. This
is going to turn into a reversebank run into gold and silver
because they cannot default in aworld that's defaulting.

(39:33):
What you're witnessing is theend of trust. When you have the
end of trust, the confidencebreaks and the credit is
forthcoming only when there istrust. Once confidence breaks,
the credit markets will begin toseize up. When credit stops,
it's game over. You will seemarkets, institutions, and
stores shutter.
Holder says that you should beable he says you should be self

(39:55):
sufficient for a while when thesystem shuts down. Storing up
food and water is a good placeto start. I couldn't agree more.
In closing, Holder says this isthe finale of the great
financial reset. Make nomistake, what you're watching is
the world resetting before yourvery eyes.
And this is exactly why payingattention to what's happening

(40:18):
with precious metals is soimportant, because that system
is collapsing. And the mechanismthey've used to disguise the
corruption of the system, thatmechanism is breaking, and
everybody around the world isseeing the wizard for what it
is. Oz is not some great andpowerful thing. It's this old,

(40:43):
frail man behind a curtain usingmagic and manipulation and
sleight of hand to maintaincontrol. And that curtain is
being pulled back, and peopleare seeing it for what it is.
And so, again, this is why forme personally, I don't have a
bunch of money sitting at thestock market and bonds, any of

(41:05):
that. I look at, this is thereal store of value. If I have a
little extra money, I'm buying100 ounces of silver, or 30
ounces of silver, or five ouncesof silver, right? If that time
comes, I don't want to havemoney sitting in the financial
system, because that system isfailing, and the wheels are
coming off. And so there's aquestion of, like, what do the

(41:27):
prices go to?
And this is a question I've I'vepondered a lot. I've asked a lot
of smart people, like MartinArmstrong or David Jensen, Cliff
High. I think I've even askedhim that. And one of most
consistent answer I've gotten isthe price goes to unobtainium.
The price goes to something youcan't even obtain anymore
because it becomes so valuable.
But it's not just because itbecomes so valuable, it's

(41:48):
because everything else losesvalue. And that's what happens
when the dollar, when themarkets, when these financial
systems, all these numbers andzeros on digital screens, when
those are revealed for what theyare as a a Ponzi scheme, a
monopoly money fiat Ponzi schemethat's been used to enslave
mankind with debt and credit andinterest rates. When that whole

(42:09):
system starts breaking apart,people will be fleeing into hard
assets, which is why it's notjust silver and gold. It's land.
It's food.
It's the things that actuallyhave real value, and this is
what's happening. This is thisis the the silver lining, pardon
the pun, is that the world isgoing back to truth, and I
really believe this. I reallybelieve that they, these elite

(42:30):
bankers, they wanted to use thisreset to usher us into digital
currency, but I don't thinkthat's gonna work. Their
system's not ready yet, andpeople are seeing through it.
People don't trust it anymore.
They don't trust those systemsanymore. Yes, some people do,
and they'll go along with it,and they'll walk right into the
doors of the slaughterhouse. Butfor a lot of the people,
especially those of you that arewatching this show, you see that
there's just some tired old man,decrepit old man behind the

(42:54):
curtain, pretending to be Oz thegreat and powerful wizard.
There's a bunch of scummy oldmen. That's what's going on
here.
And so this is why a lot ofpeople are returning back to
what's real, which is amazing.Right? People are we're we're
exiting the education system.We're returning to
homeschooling. We're exiting thethe the fake pharmaceutical

(43:17):
system, the pharmaceuticalindustrial complex, and we're
actually returning into naturalhealing and holistic healing.
Like, people are leaving thesefake institutions they've built
to control us. And they'reseeking and they're returning to
what is real. And I think thatreturning back to a society
governed by gold and silver I'mnot look, I'm not a crypto guy.

(43:39):
I think I think crypto is a aSIOP that's being used to pull
us into getting us ready for adigital a digital currency
system. I think that Bitcoin hasvery nefarious origins, so
that's not my thing.
Sorry if I offend you, but Idon't I don't wanna have all my
money stored in some digitalwallet. What happens if the grid
goes down? What happens if Ican't, you know, access it

(44:00):
because of social credit scores?I can't even access my Bitcoin
wallet. I don't trust that.
Like, if I have to, will takethis 10 ounce bar of silver, I
will go bury it in the woodsbehind my house under some tree,
and only I know where it's at.That's what gives me security.
Right? Not some complexblockchain key. Like, I don't
trust that stuff.

(44:20):
Call me old school. I just don'ttrust it. I trust things I can
hold, that I can I can smell?You know, it doesn't have a
smell to it, but that's what Itrust. But anyway, on on the
idea of, where are prices going,I have one post I think is
quite, rational in hispredictions.
This guy, doctor Potassium, isactually a a brilliant guy if

(44:41):
you look at a lot his analysesand stuff. Again, this is one
person's opinion, so take it forwhat it is. He's saying these
are his end of year forecastsfor, metals. So he thinks that
gold will be at close to 7,000an ounce by the end of year. He
thinks silver will be at 159 anounce with a gold to silver
ratio of roughly 43.

(45:03):
43 to 15, he says there.Platinum, he thinks is between
5,007 thousand an ounce, andpalladium between 4,006 thousand
an ounce. He says by the 2026,gold will have risen to at least
another 53% to $6,889 an ounce.This rise will be driven by
central banks around the worldcontinuing to trade USD for gold

(45:24):
as the international reserveasset of choice. He says based
on its ongoing trajectory, thegold to silver ratio will be
approximately 43.15 at thattime.
Silver therefore will be roughlyone, 159 an ounce. This may be
too conservative for silver, butI will stick to it based on the
math for the sake of theargument until proven otherwise.

(45:45):
And I I happen to agree. Mean,again, I'll remind you, this is
not financial advice. Do yourown research.
I'm not trying to convince youof anything, but sharing my own
opinion, the same opinion that Iwill share with my closest
friends and family. He's sayingsilver could be at $1.59 an
ounce by the end of next year. Imean, I honestly, it could be at
200 an ounce. It could be at 300an ounce. It could be at 500 an

(46:08):
ounce in a couple of years.
And and it's I mean, if someonein, say, mid year let's go back
to our silver price. If someonein let's just say six months
ago, say in June when silver was$36 an ounce, if you told me
silver was gonna be at $80 anounce by the end of the year, it
would have seemed reallyextreme. Like, oh man, that's

(46:29):
that's just that's too much. Butmaybe it's possible. So that's
just where we are.
So I mean, yeah, it could be,think, by the end of next year,
gold could be silver could be at$15,200 an ounce easily. And
I've explained the reasons why.It's like, why? Well, because
the system that has beensuppressing the price is

(46:49):
breaking, and people aredemanding physical. Not to
mention all the increase in theindustrial demand for AI data
centers and solar, electric carbatteries, you know, I think
Samsung has a new a new, silverbattery that's coming out.
The industrial demand for silveris this going through the roof.
And at the same time, people areno longer trusting the paper
contracts. They're wantingphysical, so everything is

(47:11):
pointing to the fact that it'sgonna keep going up. He also
gets into the golden, goldenplatinum ratio, the platinum to
silver ratio, etcetera. Butanyway, I I actually I genuinely
think that this guy has prettyreasonable, conservative price
estimates.
I I think that gold could be goup much higher than that. Yeah.
I think that we could see goldat $7.08, 9,000 an ounce, maybe

(47:32):
even 10,000 an ounce. You know,made with silver, you know,
maybe we we could get to thatone to 20 ratio with, say, gold
silver at, say, $2,200 an ounce.And, was it silver at 200 ounce?
Was it anyway, I'm not gonna tryand do that math quickly on the
fly here. But anyway, I happento agree with this. So, this is

(47:56):
what's going on. This is whythis is so significant, this
information. The system ischanging.
And as we're heading in nextyear, it's kind of wild because
I just bought some more silver acouple of days ago, and I think
I got it at $71 an ounce. Not awhole lot, but I was thinking,

(48:19):
am I just crazy? Like, I gothrough these thought processes,
am I crazy to buy $71 an ounce?I thought, no, it just my gut
tells me it's gonna keep goingup. I don't think I'm crazy.
It's gonna keep going up. Andhere we are, only a couple days
later, it's at close to $80 anounce. It's already up at 10% in
a couple of days. And I thinkit's gonna the thing is, is even

(48:41):
though it's $80 an ounce, I'mgonna keep buying it. Not in
huge amounts, you know, as Ican.
I'll keep buying it. So, I also,I, you know, I hear some people
saying in the comments, and Ialso, I want to acknowledge
this, look, for a lot of people,even buying three ounces of
silver in a month is difficult.And I don't want to imply to

(49:03):
anybody that if you can't affordto buy precious metals, that
you're screwed. No, that'sabsolutely not it. I think that
there's a lot of things that youcan do, and maybe you have a
couple of ounces, and that's it.
I can tell you that even if youown, say, even five ounces of
silver, that could be a lifeboatto you, honestly. So don't feel
downtrodden. Don't feel likethat, know, because you can't,
you know, build a huge portfolioof precious metals that you're

(49:24):
that you're you're you're kindof screwed. Absolutely not. Not
to mention, I just believe thatat the end of the day, what
allows us to get through thethrough to the future, what
allows us to get throughdifficult times is not how many
assets that we have.
If if that was what was drivingit, then the the elites would
always be the ones that survive.I think that what's our greatest
asset is virtue and faith. Ihonestly believe that. I really

(49:44):
believe that. I think that isthe most important asset you
could possibly own, is a heartof gold, and a heart that is
just full of faith and a life ofseeking virtue.
Because I believe that that'sthe time that we're in now,
where we are gonna experiencesome difficulties ahead. I think
the bad people, regardless ofhow wealthy they are, will be
met with retribution for theiractions, and the good people

(50:06):
likewise. So I don't want to,you know, discourage those of
you out there that arestruggling to get by and find
this to be something depressing.Because look, I've been there at
different stages in my life. Andagain, even if you put even if
your goal is to have five or 10ounces of silver put away over
the next couple of months or so,it's a great goal.

(50:28):
And the reality is is that mostAmericans don't even own silver.
So if you own even 10 ounces,you're already in in a small
population of the Americans. Andthe thing is, is when this whole
system flips, even an ounce ofsilver, an ounce of silver might
might who knows what it's gonnabe? It's hard to say. It's hard
to say what happens.
So all that being said, again,not not financial advice, but

(50:52):
the advice I give my myself thatI follow, and I tell my friends
and family, this is this is it.Like, you want to be sitting in
silver. I'd say silver overgold, especially because I think
of the potential for it toincrease. I think it'll increase
multiples beyond what gold canincrease. So if you have someone

(51:12):
that you can trust, that'sgreat.
Be very cautious, though. Like,I I used to I used to have a
business before I started thepodcast. I had a business, and I
was buying over the counter goldand silver. Like, I've I've
always loved precious metals. Bevery cautious though, because
even your local coin shop maynot be able to test things
properly.
I'm seeing I'm I'm a lot I'm ina lot of different precious
metals groups on Facebook, andI'm following what's happening.

(51:34):
I can see a lot of people areshowing, oh my gosh, I see these
pictures of like a gold bar cutopen with tungsten in the
middle. And or someone said hehad a bunch of platinum bars
that he'd bought from a localcoin shop, and he posted them on
Facebook and his group, andsomeone identified and said,
look, that one platinum bar doesnot look correct. He took it
back to the local coin shop,they cut it open, and it
actually wasn't. It wassomething else inside.

(51:54):
So what they do is actually theytake a bar, for gold, they make
the bar out of tung, I thinkit's tungsten, because it's the
same, weight and density, andthey'll put a layer of gold over
top of it. So you might stillhave a good amount of gold in
there, but actually the core ofthat, probably sixty, seventy,
80% of that bar is actuallytungsten. So that's the way that
they create fakes. So just becautious if you're buying. Be

(52:15):
very, very cautious of whoyou're buying from.
If you need a recommendation,right, the the company that I
recommend to my friends, myfamily is Noble Gold. Colin
Plume is the owner, he's a goodfriend of mine, solid guy. They
have very fair pricing. They'reexceptionally good at IRA and
four zero one ks transfers. Ifyou want to pull your money, say

(52:37):
you've got all your moneysitting in an IRA, and you want
to transfer it and have itsitting in precious metals
instead of sitting in stocks andbonds and other financial
instruments, They can do that inways that you don't get hit with
any penalties.
They're the best that I've foundin the industry at doing that.
So if you're exploring this, goto goldwithseth.com, which is

(52:57):
this website here, or just call(877) 646-5347. So it's
goldwithseth.com, or (877)646-5347. Again, their pricing
is fair. You can also just do adirect purchase, say you want to
call them up and say, Look, Iwant to get 100 ounces of
silver.
They can, in a day, they can,you know, collect payment, get

(53:19):
shipped out to you very fast,very secure. And you know that
you're getting real stuff.There's a lot of fake on the
market. So again, just becareful if you're going to your
local coin shop, just becareful. Because I used to
again, I used to be that kind oflocal coin shop kind of guy, and
there were even things I hadcoming in that I wasn't sure
whether they were real because Ididn't have the expensive
equipment that some of thepeople that were using, to test

(53:40):
had.
And sometimes the customerwouldn't allow me to cut the
piece of gold in half to see ifit's gold on the inside. So it's
kind of tricky. So just makesure you're buying from someone
that you trust. The links forNoble Gold I'll put into the
show description, that we hadthe phone number and the website
there. But I I'm excitedpersonally, because I'm looking
at this thing, like, I think Ican see what's happening.

(54:02):
And this is a way for me oftrying to secure my wealth for
my family, so I have somethingto pass on to my kids. And
that's that's what I view thisas. I look at it as it's like
the ultimate savings account. Itit's also good because when I
put my if I get some extra moneyin a month, and I put it in a
little bit of silver, I don'tspend it. Right?
I just leave it sitting there.So it's it's a great way of me,

(54:22):
saving and squirreling away mynuts for winter. So that's it.
Thank you so much for joining metoday. We've got some really
exciting exciting thingshappening in the in the New
Year.
I I can't wait to tell youabout, some really exciting
things. You know, we'relaunching our community. I think
I have the book that we're stilldoing. We're doing some big
updates to Man in America. SoI'll be telling you about those

(54:44):
things as we, you know, get intothe New Year.
So I I appreciate with yourpatience on these things. I know
I've been slow on rolling somesome stuff out, like the
community and the book, and,yeah, I've had two actually,
three deaths in the family.Gosh, if I so, my dad passed in
November. My uncle passed, hisbrother, a week a few weeks

(55:04):
later. My grandfather passed,like, three weeks before or four
weeks before.
And it's just been verytumultuous. So I'm looking
forward to next year and justbeing really settled and
focused. So, thank you again forwatching the show. Thank you for
supporting. If you enjoyed this,please share the content, send
it to your friends and family.
And I try to approach this in away that it's easy. I try to

(55:26):
make these complex ideas, likethe precious metals markets and
global financial system. I trymy best to break them down in
ways that my simple mind canunderstand them, so hopefully
that it's easy for you tounderstand as well. And again,
thank you. Thank you so much forjust being along with me on this
journey.
I'm very excited for the yearahead. Merry Christmas to you.
Happy New Year. I'll I'll stillhave another show or two coming

(55:47):
up before the New Year hits, butyeah, just thank you. There's a
lot going on, and I'm actuallyreally, really optimistic and
excited about 2026.
So look forward to, walkingthrough it with you. All right,
take care, and God bless.

All Episodes

China Just Broke the Banking Cartel’s Grip on Silver — Is the Great Financial Reset Entering Its Finale?

Episode Transcript

Popular Podcasts

Two Guys, Five Rings: Matt, Bowen & The Olympics

iHeartOlympics: The Latest

Milan Cortina Winter Olympics

.css-15opob5{left:0;position:absolute;top:0.8rem;} All Episodes

.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}China Just Broke the Banking Cartel’s Grip on Silver — Is the Great Financial Reset Entering Its Finale?