Liberty and Finance, Released on 1/6/26

Bill Holter explains that the extreme volatility in gold and silver is being driven by tightening physical supply, rising global demand, and growing stress in the broader financial system. He highlights the breakdown of the Japanese carry trade and sovereign gold repatriation as signs that trust in fiat currencies and credit markets is eroding. Holter warns that paper precious metals markets are moving toward irrelevance as physical metal becomes the true price setter. He cautions viewers about AI generated financial commentary, noting that while much of the logic may be sound, dates and figures are often wrong and can cause unnecessary panic. His advice to investors is to plan ahead, act deliberately, and avoid emotional decisions under pressure by using measured steps rather than all or nothing moves.

0:00 Intro
1:27 Market volatility
11:25 Retail gold & silver availability
28:50 The path forward
34:17 Bill Holter online

Bill Holter was a stockbroker for 23 years and a branch manager for 12. He retired and moved his family out of the U.S. to Costa Rica in late 2006. He returned to Texas in 2011. He was a contributor to GATA since 2007 and began writing for Miles Franklin from 2012 to 2015. He then joined with Jim Sinclair and the Holter/Sinclair collaboration from 2015-2022. Bill is a precious metals expert and broker, he clears through Miles Franklin. His work can now be found here at BillHolter.com.

  silver, silver shortage, silver squeeze