Soar Financially, Released on 10/24/24 (Recorded on 10/21/24)
In this interview, Bill Holter discusses the current state of the economy, government deficits, and the role of the Federal Reserve in propping up the financial system. He explains why he believes the U.S. dollar is losing value and how gold and silver are poised for significant growth. Holter also touches on the shifting global landscape, particularly how Eastern nations like China and Russia may soon control gold pricing, potentially rendering Western markets like COMEX obsolete. Viewers can expect insights into why precious metals are becoming a critical hedge against economic instability and what may happen to the dollar in the near future.
00:00 – Intro
03:11 – State of the Economy
05:42 – Government Deficit Spending
09:21 – Artificial Growth and Inflation
10:12 – Government Jobs and Inflation
12:22 – Unsustainable Debt Levels
15:50 – Is the U.S. Dollar Under Attack?
20:19 – How Close Are We to Economic Collapse?
25:57 – The BRICs Meeting and Gold
29:03 – What 40% Gold Backing Means
32:27 – Geopolitics and Global Economics
36:36 – The Momentum of Gold
38:08 – Other Asset Classes to Consider
39:26 – Closing Remarks
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.