Liberty and Finance, Released on 4/26/24 (Recorded on 4/25/24)
Bill Holter joins us to discuss what could happen in a worst case economic scenario. Assets remaining within the financial system are at risk, he says, and can legally be stolen to bailout (or bail-in) financial institutions. FDIC insurance means little, he notes, given that by the time depositors would receive their insured funds, the Dollar could be worthless. While many people are wary of investing in gold at these all-time high nominal prices, Holter says precious metals still provide insurance against financial chaos. In addition, he argues the bull market in gold and silver is just getting started.
0:00 Intro
1:30 Too late to buy gold?
5:45 The Great Taking
14:30 Debt crisis
21:00 Gold & silver update
29:12 Bill Holter online
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.
Another alarmist! Don’t any of these “experts” have anything original to say?
Oh yeah…nice hat, buckaroo!