Liberty and Finance, Released on 8/15/24 (Recorded on 8/12/24)
Bill Holter warns of a collapse of the credit system and emphasizes the vital role of precious metals. He predicts that as the credit-based financial system fails, only tangible assets like gold and silver will retain value. Holter advises focusing on easily recognizable and hard-to-counterfeit forms of silver, such as constitutional silver, and cautions against relying on ETFs that may not hold physical metals. His message underscores the need to secure physical precious metals in preparation for a potential systemic collapse.
0:00 Intro
1:30 Market meltdown
5:30 Margin & derivative risks
18:20 Banking system risks
27:15 Using precious metals
31:29 Forms of precious metals
37:05 ETFs
28:25 Billionaires to buy physical bullion
43:17 If credit fails
49:19 Bill Holter
51:10 Weekly specials
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair’s Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair’s Mineset in 2015. Bill’s commentary can also be found at BillHolter.com.