Kinesis Money, Released on 10/13/23
In this week’s episode of Live from the Vault, Andrew Maguire is joined by precious metals broker Bill Holter to discuss how a 100-year plan being implemented by the West is coming to an end with rising interest rates and the looming spectre of CBDC. The precious metals experts delve into potential delivery failures hindering the gold wholesale market, why silver is the “go-to” barter currency if the global financial system fails, and the risk of holding your wealth in cash in a credit collapse.
00:00 Start
03:03 Global yields and interest rates peaking
07:25 Do the powers that be want to introduce CBDCs?
09:40 Debanking and censorship being used as a threat
14:50 You don’t need dollars to buy commodities anymore
19:05 The West’s 100-year plan for control
20:27 Where is the explosive inflection point for the financial system?
26:40 Would a public $10bn gold order collapse everything?
34:29 Who would win if the financial system collapses?
40:07 The US has lost its bargaining power
43:00 Silver the “go-to” barter currency in a collapse
47:18 Is going into cash the best option?
51:23 Advice for a potential credit collapse
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.