Inside The Silver Boom: Who Is The Massive Buyer?

Inside The Silver Boom: Who Is The Massive Buyer?

[Music]
Welcome to the Real Money show the number 18778 
silver the website guildhall wealth.com we’re  
going to be talking about physical precious metals 
my name is Jeremy wisman I’m joined by Jerry kah  
and Jerry we’ve got a full dance card today about 
things that we wanted to discuss hopefully we can  
get uh through it all talking about uh countries 
that are importing what China’s telling it’s uh  
investing public about precious metals want to 
get into the update on the Air Canada theft of  
physical gold and uh talk about some of the 
things that are happening uh politically in  
Canada as well and how Canadians can affect change 
um of the things that we’re seeing because I think  
the consensus is it’s a disaster at this point 
uh which is not a laughing matter at all but um  
that is what it is so uh that being said let’s 
start with what we’re seeing in the precious  
metals Market because we are seeing great things 
happening in the precious metals Market there is  
definitely opportunity all over the place when it 
comes to physical precious metals you know Jerry  
this this year alone gold started off at 2062 and 
I remember we were talking to our clients like hey  
take the win you know we’re trading at 2,000 it 
would be great if we can consolidate here for 6  
months and within 4 months we’re trading just shy 
of $2400 an ounce it’s a $350 move up it’s over  
it’s just over 16% gains in gold silver has been 
absolutely spectacular we started the year at 2379  
as we’re recording the show today it’s trading 
at 2875 that’s us spot price so that’s about a $5  
move or 20% gain and I can definitely tell you 
my own personal portfolio I watch my quest trade  
account and it’s up 20% it’s it’s really nice to 
see that uh especially given these times where  
it’s like you know we were talking before the 
show um I just moved and I got my hydro bill and  
I’m trying to ascertain is this because is this 
normal is this supposed to be normal or are there  
hidden taxes now like I don’t understand I don’t 
understand the pricing so I’m I’m asking you if  
if if it’s normal or if prices have just gone 
up mhm yeah it’s tough to it’s tough to gauge  
and it’s we’re in a new territory Jeremy I think 
I don’t think we’re we’re going back to the way  
things were yeah definitely uh it’s the economy 
stupid and prices are really hiking up all over  
the place so it’s nice to see an asset like 
physical gold and silver that is continuing to  
build continuing to build in value all the time 
and it’s very clear that this this year we have  
entered the bull market um just before the show 
you and I were talking about that this week again  
we’ve confirmed that the bull Market’s happening 
every analyst out there is saying confirmed we  
are now in a bull market especially since gold 
broke well above 2000 got above 21 got above 22  
it’s we’re in a bull market and we’ve seen a lot 
of clients who have had to have patience exercise  
patience in the silver market anyone who’s bought 
in the last year I mean congratulations you’re  
doing fantastically well if you bought maybe two 
years ago at $28 you’re back to break even you’re  
ready to go but I saw a lot of uh clients uh 
getting more product into the market happy  
with what they’re seeing yeah we saw that this 
week I’m just we’re just catching our breath  
it was such a busy week and congratulations 
to those it was a week of reviews and for me  
it was a week of review of spending some good 
quality time with some I call Legacy clients  
it was amazing to see these people exuberant 
regarding their portfolio just very excited to  
see where things have gone maybe some a little 
too early you know we are we we we read between  
the lines you know us us investors in Precious 
Metals we’re a little bit too early at times but  
we know the reasons why we’re buying gold and 
silver and today we know the reasons are paying  
off the reasons for gold and silver are screaming 
before our eyes the noise in the market right now  
we’re trying to filter through a lot of news you 
know just last night we’re recording on the Friday  
drone Warfare now we’re just seeing back and forth 
and it’s just you know we saw gold break through  
over 2430 and but it was a week of reviews going 
back to that a lot of people are reloading they  
they were they Tippy toed into the market you know 
your Mantra of crawl walk run for sure now people  
are walking and we’re getting into the run and the 
run is going to happen when that gold price we’re  
we’re inching over 2400 gold right now silver 
is going to break above 20 uh $29 into the 30  
when that happens this is going to be easy to 
do especially when gold because gold does not  
have resistance there’s no there’s no ceiling for 
gold right now so it’s going to be easy there’s  
no resistance and um you’re just going to see 
how things play out you know what’s going to be  
the breaker what will affect the other these are 
truly like Kevin says it’s a it’s a domino it’s  
a domino game we’re playing and dominoes are 
falling and there’s going to be a few dominoes  
left and we know which two dominoes The Dominoes 
that we play are silver and gold and they’re going  
to be standing at the end that’s for sure yeah 
so let’s talk about that a little bit the number  
18778 silver the website guildhall wealth.com 
if you want to own physical precious metals you  
give us a call you can do it in your registered 
account you can buy it direct you can put it into  
a depository and uh you know since people are 
going to be very concerned about capital gains  
you know this is an honor System thing we can’t 
give advice but we don’t report to the government  
cuz it’s a personal use use item uh certainly in 
the tfsa you don’t have to worry about that which  
you can buy physical gold in a tfsa but Jerry just 
to your getting back to your point here let’s talk  
about some of the there’s a lot of different 
factors there’s technical factors there’s the  
industrial side of the market let’s talk about 
the geopolitical factors that are driving the  
market and when I say geopolitical I’m talking 
more about the financial structures around the  
world that are driving the prices of the metals 
we’ve talked about the in inverted pyramid exter  
pyramid that there’s just so much debt there’s 
so many countries including Canada where you’re  
you’ve gone past the debt to GDP you can’t get out 
of it you cannot get out if the FED raised rates  
you destroy the economy they don’t the economy 
can’t take it if you lower rates you throw in  
the towel on inflation but if you raise rates it’s 
actually inflationary because everything ends up  
costing more right um and so you’re trapped in a 
Fed you’re in a a debt trap there is no way out  
there is no way out all of that borrowing just got 
a lot more expensive at the top of that pyramid is  
it ever and so how are you going to get out of it 
you’ve got to run to safety right absolutely and  
this is the reason why we’re seeing uh the run to 
safety not just people individuals we’re seeing  
countries running to safety we’ve seen the since 
the weaponization of the dollar against R against  
Russia the after the Ukraine uh you know the 
operation uh the gold pric is just decoupled we’re  
now seeing um a correlation between us yields and 
gold what is that yes we are seeing a correlation  
between that gold is showing the issues with the 
problem there were cracks all all along the cracks  
are getting wider well just talking about the 
the um the bond market the treasury market you  
would think that if you raised rates you would 
encourage people to oh I can get interest isn’t  
that one of the reasons why people don’t like gold 
because it doesn’t pay interest but if the real  
return on your GIC or in the States on your bond 
or treasury is you’re getting four 5% but in the  
real world you’re losing 5% then it’s no good you 
look for an alternative mhm the classic arguments  
um have become sort of null and void you know this 
is a different ball game the debts don’t matter  
until they do that this is a debt trap and there 
is only one way out which is the reval that’s the  
I’ve seen it the gold revaluation accounts are 
on top you know Yan Yu house talked about that  
brought that news up that the Central Bank of 
Netherlands has an account that will revalue  
gold like they did like they did before um you 
know from 20 Buck uh gold to 35 this can happen  
again and to me that would be the only solution 
well I was listening to an interview with Jim  
Willie and he’s a colorful character but he’s 
got some great information and he was talking  
about that Banks have been buying physical gold 
and they’re doubling up on their positions in  
other words they’re getting ready too because how 
are you going to pay for all these debts well if  
you’ve bought gold at 24 and it goes to 10,000 
you got yourself a good way out right um it’s  
good for the banks but they sell their clients the 
ETFs isn’t that funny yes yes and we’re going to  
talk about that we’ll talk about the demonizing of 
of gold a little later but um tell us about some  
of the ways that people can get involved in the 
market Jerry numerous ways we’ve been doing this  
since 20 and T people want to buy the physical 
they no longer want to buy the paper so you’re  
going to come in and pick it up if you’re away if 
you’re in um Vancouver if you’re you know we help  
Americans Canadians all across North America um we 
we deal remotely so if you want to take delivery  
we offer free shipping over a th000 right to 
your door or the closest Canada Post Office  
to your location tracking is provided it’s fully 
insured um and then you start allocating more if  
you want to hold it in the vault this is outside 
of the banking system uh fully allocated titled  
and if you have you know a portfolio talking about 
registered accounts rsps tfsas we’ve been handling  
rollovers just non-stop Guild Hall can do it in 
our in our sleep and we can do it really quickly  
for you and and on that point how liquid is it 
if someone’s buying physical gold in their RSP  
how how quick is it to for them to get out of the 
gold market you know I would think people like the  
paper because they feel like they can get in and 
out quick how liquid is holding physical metal in  
a in a portfolio such a happy story this this week 
at a client that bought late just uh just before  
the summer last year or just sorry Midsummer 
last year and he’s like I got to sell it I’m  
buying a house um he had to put down a deposit 
in the afternoon he received the check from us he  
loved the investment Not only was he up 26% but 
he was able to get what he needed for the bank  
right away because you know when you’re applying 
for a morgage there is there there’s a you know  
time constraints so it’s immediate the liquidity 
is there normally it’s a t plus two trade day plus  
2 days but Guild Hall we get that money back to 
you right in your hands right away liquidity is  
the most important thing and most of our clients 
who are high net worth individuals which we help  
as well they can care less about all the all the 
all the inflationary talk stagflation talk that we  
talk about supply and demand at the end of the day 
Jerry when I need to sell and I need to get back  
into Cash how quickly can I get it well there’s 
no better thing than gold and silver for you  
it’s immediate access immediate liquidity yeah you 
give us a call we sell right away it’s very easy  
if you’d like to learn more give us a call 
18778 Silver the website guildhall wealth.com  
and we’ll we’ll take you through step by 
step it is amazingly simple but if you’ve  
never purchased precious metals before you got to 
start somewhere so you can even go to Guild Hall
18778 silver the website guildhall wealth.com 
more to come on the real money show on 640 Toronto  
welcome back to the real money show the number 
18778 silver the website guildhall wealth.com  
there is no doubt that these are fragile 
times these are um you know times that uh  
unprecedented in terms of what’s happening in the 
financial system what’s happening uh politically  
it’s just absolutely crazy and you want something 
that’s dependable you want something that’s strong  
something that has lasted for lifetimes and that’s 
where physical gold and physical silver really  
come into play they’ve outlasted civilizations 
how about that they’ve outlasted civilizations  
it’s real money because it’s a store of value 
you can’t destroy it you you cannot destroy it  
it doesn’t it doesn’t erode it doesn’t corrode 
you can melt it into something else so it’s got  
a function it’s got an innate value and this is 
why people are gravitating towards it but another  
reason they’re gravitating towards it Jerry is 
that the Federal Reserve can’t make up its mind  
and I I really do like listening to a lot of the 
real estate blog people because they’re really  
into this and it’s like oh we’re we’re on the same 
page with all these things in fact I I heard one  
guy talk about the gold to Silver the gold to 
house ratio okay and which is something I talk  
about with my clients every day that hey gold is 
becoming you’re you’re able to buy more house with  
your gold every year we love them both uh but 
what’s the ratio when do you have the perfect  
amount of when you have the peak purchasing power 
of gold but I digress let’s talk about the Federal  
Reserve for for a moment there are people who 
think they’re going to raise there’s people going  
to drop we’ve done the whole pivot talk right my 
personal opinion I think they’re stuck I think you  
raise rates it’s bad I think if you lower rates 
you’re throwing in the towel uh I look at the they  
did nothing for the better part of eight years uh 
so I think they’re not going to do anything either  
I think they’re going to talk and I think they’re 
going to try to do nothing until their hand is  
forced that’s my opinion I don’t know if they what 
happens in a crisis but I know that they’re not  
going to do anything until they’re forced to 
do something so to talk about oh they’ll just  
drop them yeah that’s I I don’t believe that I I 
agree I think they’ll they’ll wait until the very  
the 11th hour before they make a move the move 
will be down and this is my opinion um rate Cuts  
usually happen after rate hikes and that’s just 
what happens and um they’ve already hiked pretty  
aggressively to the point where now the the the 
servicing of all of that debt now exceeds this  
the the military budget which is insane um but 
you know what we’re seeing now is the the we’re  
seeing a support on both sides for for for cuts 
and and and for rate cuts and even a delay in  
rate Cuts I know for the last few weeks I’ve been 
saying rate Cuts is the thing that is supporting  
gold and silver but right now we’re seeing delays 
they’re pushing it from June cuts to September and  
who knows Paul’s saying we may not even see Cuts 
this year I argue that we will but it’s actually  
supporting gold and silver which is an anomaly 
you you’re saying the delay is supporting gold and  
silver yes so what we’re seeing right now is a is 
a stock the stock markets are on a losing streak  
gold is strong and this is because gold has been 
rising yes because of the safe haven becom because  
it’s a safe haven and has that appeal but it’s 
not as riing on rate Cuts as the stock market is  
the stock market is the market that they need that 
juice they need the juice they need the cut and if  
they’re not getting the cuts they’re jumping out 
and they’re heading where into the gold so it’s  
supporting the gold and the silver market it’s 
like you’re damned if you doing if damned if you  
don’t it’s all all roads are leading to gold right 
now it’s it’s a very interesting time so whether  
they cut now or if they hold it’s great for gold 
and silver so um let’s talk about Silver’s cup and  
handle Mike Maloney did a video you’ve obviously 
I think you’re part of the drinking game for cup  
and handle um I actually even had a client send 
me a joke email because he knows about your cup  
and handle um but when we talk about the cup and 
handle Mike Maloney who you know he’s a longtime  
analyst in the market has a company he’s he’s 
great if you’ve never checked out his stuff he’s  
really good at explaining things and uh the whole 
world of the metals so he was talking about the  
cup and handle looking at the full thing saying 
if you take one side of the cup it would be1 1980  
at $50 the second side of the cup is 2011 at $50 
silver and then over the last basically 10 years  
you have the you have the handle side of it and 
that it’s completed its handle and that from here  
the takeoff is going to be ballistic where can it 
go to he was positing can’t tell for sure you have  
to calculate all of the debts that have come into 
place since 1980 you have to calculate all of the  
the value of things since 1980 you have to take 
in CPI you have to there’s too many factors to  
look at but if you start to try to look at some of 
them you can come up with triple digit silver is a  
no-brainer it’s almost inevitable yes $50 silver 
is a joke triple digit silver is inevitable now  
is it 200 or 800 is the question that he was 
asking and then you have people who’ve looked  
at this cup and handle and said probably o Grady 
out of Switzerland or you know saying oh it could  
go to thousands yeah yeah that’s what grat said 
this week into the into the upper into the upper  
thousands and he he xed or tweeted as we like 
to say it’s a very big picture this is a massive  
diversion so it’s a this is a consolidation um 
the the cup and handle goes back this is a 40  
plus 43e cup and handle so longer something 
consolidates the higher the Excel the higher  
the Ascension so we don’t know but what what 
Octavio Costa does at crescat Capital you know  
he he built a good case for the demand for silver 
and why this is going to Triple digits and it was  
it was an amazing diagram that’s just you know 
where silver is in reference to the uh various  
parts of life you know silver is an inflationary 
asset it protects against inflation it’s also a  
monetary metal it’s historically undervalued 
and this whole green deal the Green Revolution  
all of these things captured together now you 
have amazing case for silver and the top side  
potential we don’t know where it’s going to go but 
it’s going to be it’s going to be epic silver is  
a coiled spring I personally see it heading into 
the triple digits and mid to upper triple digits  
when we don’t know it’s um I can I believe it can 
happen within two to five years to be honest with  
you well I I was listening to as I said earlier in 
the first segment I was listening to Jim Willie he  
said it could go be at $50 he didn’t say he was 
very confident he didn’t say it could be at 50  
he said it will be at 50 within months yeah and we 
have to we have to wrap our our minds around that  
that we’re going to be at these new levels before 
we even got up to 28 Jerry I thought it would take  
a year to get to $28 to be honest I thought we’d 
get up to 28 and then at some point we’re going  
to break through that 30 now this $30 price line 
is very integral to the overall Market because  
it’s really the Line in the Sand that the powers 
that be have been trying to keep you know there’s  
stories about um Janet Yellen flying to China 
tell them to please stop stop producing silver  
stop making stop buying it all meanwhile you know 
John Forest Little’s wife was in China and she  
was saying now I know it’s anecdotal but she was 
saying that there uh if you haven’t if you’re not  
familiar with John Forest little he’s been on our 
show a bunch of times uh go to YouTube and check  
out some of our interviews it’s amazing Stu what 
he’s been tracking and uh anyway his wife saying  
in China they are telling their citizens to buy 
silver and we know that they’re importing all of  
the silver and it’s moving from west to east but 
that isn’t even that isn’t even any of it forget  
that you’ve got billions of people that could 
be entering the physical Market if you thought  
Silver squeeze was crazy when we got up to $31 an 
ounce after the silver squeeze and they were able  
to quote unquote Tamp it down and when they did 
they changed the perspective on the ETFs saying we  
don’t really need to have physical metal in there 
for people buying which ironically now you look at  
the ETFs and there’s a there’s a Divergence why is 
why is open interest in the participation in the  
ETFs going up but the physical metal backing it 
is going down well that’s a pretty obvious problem  
right what if someone wanted to take delivery oh 
by the way you can’t take delivery from an ETF  
unless you’re unless you’re uh well well on your 
way to being way past accredited investor you’ve  
got to be a whale cuz they won’t touch you right 
there’s no reason for them to accommodate this  
is their product don’t you understand it’s their 
product you paid for it thank you very much now  
someone else is buying it and we don’t know who 
the big buyer is they’re saying it’s probably  
Asia as the big buyer but there is a new buyer in 
the market this is beyond all of the other issues  
that we’ve talked about that we just happen to 
have also a new buyer now check this out Jerry  
Bix we who does great research he’s saying India 
imported over $8 billion worth of silver in the  
past year 8 billion that’s 320 million ounces 
that’s more than half of the entire production  
of silver for the year and they imported it into 
India so you’ve got India and China acquiring mass  
quantities of silver oh and by the way China’s 
putting it all into into solar power which I  
think is a misallocation mhm but me personally but 
you don’t have enough to cover the solar power the  
green New Deal anyway it’s a that’s a ideological 
type of pursuit very virtuous yes very virtuous  
which we’ll get into soon so this is what’s going 
on the demand is massive and we’re sitting at $28  
I’ve got to rethink this I’ve got to get used to 
to $50 silver myself cuz I’ve been at this way too  
long I got to get used to it you have to you have 
to try to picture what’s happening we’re talking  
about the entire country that China it was fun it 
was when the country was encouraging just seeing  
this seeing a country encouraging own some gold 
guys own some gold whether it be in South Korea  
whether it be in in in Vietnam buy gold buy gold 
that was the that was the go-to I’ve have some  
advice buy some gold now they flip the switch to 
silver this is exciting stuff because remember  
what we’re talking about we’re talking about 
Global Financial assets here an extras pyramid  
if all of those assets at the top jump into the 
finite Market at the very tip now of silver the  
Silver Bullet Market you will eliminate the ounces 
so this is the this if you yeah the silver squeeze  
this is going to be um you know times infinity 
here okay I’m going to take the other side well  
Jerry then how come the price hasn’t taken off 
yet well you know there’s there’s a lot of uh the  
old guard that has to relent uh right now the 
pricing mechanism there we’re seeing a contra  
cont between East versus West obviously and you 
know financial planners even know this in Toronto  
we have uh Carrasco talks about all the time from 
canor genuity we see this this is a big Divergence  
they’re going to let go um but we’re going to have 
to see something happen on the with the comics was  
with as the ETFs get drained if the big whale 
who comes and cannot take delivery of their of  
their silver we have a big problem at our hands we 
have the the cascading of the derivatives market  
and can get very ugly so things have to happen in 
the paper Market first and this is the reason why  
countries they’re telling people get into the gold 
market not ETFs they didn’t tell their clients or  
their C the citizenry to get into the gold ETFs 
do yourself a favor and get physical silver that  
was the that was the go-to so remember that when 
you want to get your your hands on some physical  
silver it’s in the phone number 18778 silver 
give us a call today go to the website guildhall  
precious medals.com we have combos if you’re not 
too sure what you want to buy you want to get a  
little mix of silver bars and some silver coins 
there’s no better gift to get someone get get your  
kid started with with a silver combo we have a 50 
ounz combo 100 ooun combo and Guild Hall we have  
the best prices in silver go check out CCO give us 
a call and then we can we can do something on the  
price the number again 18778 silver the website 
guildhall wealth.com it’s essential to protect  
yourself it’s essential to protect your family 
you’ve got home insurance car insurance life  
life insurance time to get that wealth Insurance 
we’re running out of time to be able to really  
take advantage of this opportunity because it’s 
going to get harder and harder to get the physical  
metal and you’re only going to have to pay higher 
and higher prices with higher and higher premiums  
give us a call it’s time to get involved again 
you can do it in a registered account you can  
buy it direct take it home you can buy it hold it 
in a vault for ease of liquidity and insurance and  
security guildhall wealth.com it’s the real money 
show on 640 Toronto more to come welcome back to  
the real money show the number 18778 silver the 
website guildhall wealth.com precious metals  
really shelter you from the economic disasters 
that we are going to see and if you think that  
the multiple debts if you think that adding 
a 100 uh adding what is it a trillion dollars  
every hundred days to the debt in US is not going 
to affect you you’re you’re kidding yourself I  
see a lot of people Jerry blackpilling a lot of 
people black pilling okay what’s a black pill so  
everyone knows Matrix red pill blue pill red 
pill is you wake up you’re going to find out  
what really is happening and blue pill go back 
go to sleep right you you don’t want to know you  
don’t know live in The Matrix you don’t want to 
know anything that’s happening um there’s a lot  
of people still like that let’s be honest but you 
know when you see the economic Times that we’re  
going through you see the criminal criminality 
things that you’re going through it wakes a lot  
of people up but when you wake up blackpilling 
in my mind okay so the red pill is waking up  
to what’s going on the black pilling in my mind 
is when if you’ve seen The Matrix Neo wakes up  
and you’re wearing you know I I liked it I’m very 
diesel uh you know they’re wearing these clothes  
you go I got to eat this drool for the rest of my 
life I’m on this Nebuchadnezzar like where’s the  
flowers it it you doom out right you think oh 
my gosh this is not living this is this is I’m  
losing yes and that’s that’s blackpilling but I’ve 
come to realize that blackpilling is a lot of it  
is just cognitive dissonance it’s that you have a 
certain way of thinking about the world and that  
is being very much questioned and you’re you’re 
learning and like listen my 5 and a half-year-old  
he hates learning he flips out and then he kind of 
eases into it but that initial like we’re going to  
learn something right now can’t handle it so much 
resistance and then you get over the hump and then  
you’re ready to you’re ready to take it all in 
it’s amazing to watch that’s what’s happening  
right now to a lot of people a lot of people you 
know you see what’s going on um in Canada that  
they’re hiking they’re hiking taxes inflation is 
destroying the economy the policies are destroying  
the economy me and the funny thing is is people 
think it’s going to buy votes I don’t want to get  
too political but you can’t buy votes if you’re 
being robbed on the subway or your car is being  
stolen you can’t buy that vote no gone they’re not 
giving the government isn’t handing out Mercedes  
ben right you can’t you can’t buy that vote back 
exactly but they still don’t want you to own gold  
H so we were talking before the show about this 
Air Canada event or happening that big shipment  
from Zurich comes into through Canada and it gets 
stolen they’ve they found most of the perpetrators  
who are now all released out on bail by the way 
how about that catch and release how about that  
but they’ve used but in every article I can’t 
help but feel like they’ve demonized gold that  
it’s not something you want to own because either 
it can be stolen or what is it it turns into black  
market like tell me you’re fueling the black 
market right it’s because of its ability to  
be melted down and turned into um other assets 
oh like cash could be like don’t use cash cuz  
that could be Black Market that’s right you know 
that’s where I draw the line you know I have to  
you know we’re seeing this I’m seeing this trend 
of demonization we’ve been talking about it you  
know don’t buy gold now now if you’re thinking 
of gold maybe hesitate a little bit because your  
the gold market is potentially being used to to 
funnel you know funnel crime money elsewhere but  
um this is just ultimately where we are today it’s 
crimer ridden Society is breaking down because  
the currency once the government and the powers 
that be Rob us of our purchasing power societies  
throughout history get dismantled and this is what 
we’re seeing we’re seeing crime through the roof  
all this this Heist is a heist and it looks like 
corruption on the inside absolutely connect the  
dots these guys are free they’re they’re they’re 
smiling and who knows where the gold is right so  
you know well I’ll tell you this though the gold 
won’t end up in your product that’s in your RSP  
or your tfsa or you buy it direct from us because 
it has to be lbma approved which means it’s got  
to be ethically sourced so RC Royal Canadian Mint 
has to Source the product ethically and then that  
that’s the product that goes into this product so 
there’s look there there are there are container  
bins full of cash us cash sitting in in ports all 
around the world ready to be deployed to whatever  
they want to use it for dark op stuff okay I know 
that’s kind of crazy to think about but that’s  
how the world works okay it works with cash and 
dirty money so they could do the same with gold  
but it’s all it’s trapped it’s trapped until it 
gets seized just like the cops seized a lot of  
um cash and and guns and things like that it gets 
seized right so that’s what we’re hoping for that  
the that that uh the people can be made whole 
again um but we have to stop this criminality  
but one of the things that’s criminal I’ll tell 
you besides taxation is inflation the fact that  
they steal it by stealth now everybody can see 
it they’re stealing your money by printing by  
deficit spending and the only way and you want to 
know who told you this Greenspan the head of the  
Federal Reserve in the 90s told you this the 
only thing that you can prevent the theft  
through inflation is physical gold that’s right 
and that’s what it is it’s ever since 1970 it’s  
been a campaign and um of demonizing the gold 
market but we have the lbma lover or haum have  
implemented um safeguards to ensure that the metal 
that we that we deal with at Guild Hall is is a  
chain it’s a Clos Loop chain of Integrity you’re 
not getting in this chain you know they even have  
training on how to how to receive the shipment 
it’s all about the exchange how we’re going to  
hand off um unpacking verifying weighing storing 
they have databases and plus to be a part of the  
lbma you got to pay some enormous fees so it’s a 
huge club and it’s a club that helps us keep the  
market liquid and trustworthy anything outside of 
that I really don’t want any any lbma product do  
you jer no not at all and that’s it has to be lbma 
approved to be RSP eligible and we only deal in  
uh lbma approved product but listen they’ve been 
demonizing since 1971 when they lifted the gold  
standard and handed the keys to the printing press 
people because what they did is they said gold is  
a pet rock it doesn’t pay you a dividend it’s it’s 
volatile so you don’t want to own this but if you  
really do if you must insist then please go with 
this financialized um option vehicle that we have  
an ETF a gold back fund a certificate a gold fund 
no offense to the financial people who run these  
things but you don’t own any of that product when 
you in quote unquote invest in those Vehicles so  
what happens well the gold stays and plays with 
the financial operators and so if you must insist  
on acquiring the gold do it through an investment 
that’s that that’s their Safeguard that’s if the  
demonizing didn’t work meanwhile gold is up 450% 
over the last 20 years in Canadian dollars I don’t  
know if you really need needed anything else but 
in terms of protecting it’s continued to do that  
over the last few years and wait till you see 
where the prices go from here because it’s still  
incredibly undervalued you want to learn more 
about that give us a call well we’re happy to  
talk as you can tell about this subject the number 
18778 silver the website guildhall wealth.com stay  
tuned one more segment to go and you will not 
want to miss it it’s the real money show on 640
Toronto welcome back to the real money show 
the number 18778 silver the website guildhall  
wealth.com there is no doubt there is less 
dollars to go around and every dollar counts  
so Make It Count go with real money actual 
physical gold and silver now I know there’s  
going to be a cost to do that it’s a retail 
fabricated product it’s like buying new mugs  
at the at the store it’s like buying uh any 
retail item like a t-shirt there’s costs that  
go into to source that material fabricate that 
material package it get it to a wholesaler get it  
to a retail I understand that there’s a cost to 
buy real money in this sense it’s a lot cheaper  
than buying jewelry where you’re paying retail and 
you’re paying for Branding and and you’re paying  
for the craftmanship of it there’s nothing wrong 
with it but we’re talking about owning real money  
and so bullion does that and there’s different 
ways to do it you can buy larger bars like 100  
oun silver bars then you move into kilo bars 10 
oz bars and then if you’re just getting started  
or maybe you want that extra liquidity you could 
do coins gold same thing you can go with a huge  
not it’s not a huge product but a kilo bar it’s 
over $80,000 uh it’s about the size of a cell  
phone great way to secure wealth you can store 
it yourself but you know you can also go with 10  
oz bars or 1 o bars the larger the bar the lower 
the premium but we’re going to work with we work  
with our clients to figure out a way to really 
do our best to get them the best price but but  
just like real estate Jerry you don’t make money 
when you sell you make it when you buy you got to  
get into the market you got to get it while it’s 
low and I truly believe that as this Market Rises  
I’ll tell you in silver specifically the mines 
are not operating you know they’re closing down  
mines in in in Mexico they’re closing down open 
pit mining there’s other mines that have closed  
since covid and never really reopened you know 
the mining stocks are are suffering right now  
it takes 2 years to get a mine up and going mhm 
so when everyone decides they want to own silver  
and the price is slingshotting you can’t get 
any and the premiums are going to go through  
the roof so you don’t want to wait till seeing 
is believing you don’t want to wait to $50 to  
finally believe it can get there dip a toe in the 
water get started get a feel for what it’s about  
and start building those relationships absolutely 
you know with the premiums is is the premiums are  
already showing that they’re they’re showing some 
top side um acceleration the smaller the smaller  
items being the coins and the 10 ounce bars are 
usually the ones that start moving higher on the  
premiums Jeremy so this is showing that the silver 
demand and the product is just simply not there  
the turnaround is is is getting tighter premiums 
will rise and it’s you know we’re building those  
relationships with people who are you know we’re 
positioned in some minors as well but we’re also  
scratching our heads like the price of silver is 
going through the roof the the price of gold is  
going through the roof now breaking all-time highs 
almost um every every uh um every day why why are  
the miners uh you know stalling out here I believe 
the miners will eventually go but when you see  
prices going up when we you know when prices for 
diesel starts going through the roof you the mines  
the expenses to run that mine and the operation 
it just it just becomes too far to handle and you  
know when it comes down to quarterly earnings 
many of the stocks are just not meet meeting  
and beating the street any longer so it’s going to 
take a little bit of time but I do feel that there  
is some potential a lot of potential in the miners 
don’t get me wrong but with the prices you know  
we’re seeing prices going going up through the 
roof already you know just the signal the start  
of spring into summer uh we got summer fuel coming 
in to the gas stations now another rise in the gas  
pumps but this is this is not a peak in the bull 
market this is the beginning of the bull market  
I think people have to understand that that this 
is the beginning of something this isn’t the end  
you’ve just seen a a little bit of a of a a nice 
move up 20% 15% that’s the beginning it’s not the  
end you need to keep looking at the value of 
the metals so look at the value for a moment  
you just mentioned oil Jerry bang on for you they 
you know you talked about draining the Strategic  
oil reserves and you said there’s going to be a 
problem guys and guess what now there’s a problem  
they haven’t filled it back up and the prices 
are rising so how are they going to get them  
back down again you’ve already sold it off and 
and now they’re heading into more geopolitical  
Uprising yeah we’re seeing drones but this thing’s 
going to escalate even further um into potential  
you know War um that’s the that was the whole 
point of the Strategic reserves the petroleum  
reserves was for times of War this was obviously a 
method to try to keep the inflation down inflation  
keeps rising and it’s only going one way this 
is a bad move um but it’s it’s showing that the  
the country the countries are losing control of 
the currency they’re losing control of of the of  
the of the narrative and you know the truth is 
is going you know we’re circling right back to  
the truth and where the value is it’s in precious 
metals and resources so here’s the truth just as  
we talked about earlier India is has acquired over 
8 billion ounces of silver China is telling people  
to buy silver Mike baloney is saying the cup and 
handle technically is completing itself and we are  
ready for a massive takeoff in silver the FED is 
trapped raise rates inflation lower them inflation  
pick your poison they’re they’re trapped there’s 
no way out of any of this you need hard assets you  
need real money this is why we call it the real 
money show it’s physical gold physical silver  
and also I know we didn’t talk about it today but 
also the color Diamond Market will start to take  
off pretty big it’s been pretty decent recently 
I think that’s going to be another Market where  
people are going to realize you got to put your 
money somewhere where it’s safe and physical gold  
and silver are one of the safest places if you own 
it yourself you’ve got to own it yourself and if  
you can’t hold it you don’t own it now what does 
that mean it means that with Guild Hall you can go  
to the Vault and personally audit your Holdings 
you can hold it in your hand and if it’s an RSP  
and you want to pay the withholding tax you can 
take delivery of that specific product that is  
the asset test if you cannot hold it you don’t 
own it it doesn’t mean if you can’t hold it on  
your person you don’t own it it means that if you 
can’t go to that Vault and personally hold that  
physical product in your hand you don’t really own 
anything the idea is that that’s what you want to  
do and that’s what we offer here at Guild Hall 
wealth if you’ve missed a show please check out  
our YouTube channel we’re also on Rumble we’re 
also on telegram come join us on telegram we’re  
putting some great content there as well as on 
X we’ve been putting some great content out on  
X uh just Gathering all of the great information 
that you heard today on the show get it first on  
X and just see what’s happening in the physical 
Market Jerry want to thank you so much uh you  
brought some great stuff with you today and 
I want to thank uh our audience for joining  
us as always on the real money show and we really 
look forward to speaking with you next week again  
the number 18778 silver the website guildhall 
wealth.com it’s the real money show on 640 Toronto
[Music]

Inside The Silver Boom: Who Is The Massive Buyer?

In today’s video we look into the unprecedented surge in physical silver demand, driven by rapid acquisitions and China’s urging of its citizens to secure physical holdings. With the potential for triple-digit silver prices looming closer than expected, we explore how gold and silver, as timeless stores of value, have weathered the rise and fall of civilizations. Join us as we examine why gold and silver stand as the ultimate refuge amidst economic collapse, offering viewers invaluable insights into navigating uncertain times.

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