Kinesis Money, Released on 8/30/24

In this week’s episode of Live from the Vault, Andrew Maguire and former stockbroker, branch manager and GATA contributor Bill Holter dive into the upcoming BRICS gold-backed currency: The Unit. The precious metals experts share views on the current geopolitical climate and the rising threat of war, discussing how gold and silver markets have been manipulated to control the behaviors of certain groups.

00:00 Start
03:30 Bill’s skepticism of US politics
07:00 The rising threat of war
10:45 The manipulation of markets as a tool to control conservatives
17:30 Gold and silver are the only money without counterparty risk
23:30 The BRICS 40% gold-backed currency unit
34:00 Sanctions and derivatives
52:00 Kamala Harris’ proposed price controls
56:15 Is silver the most important money?

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.

Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund managers, bullion banks, directors and metal traders globally.

  gold, precious metals, silver