Why the Western economy can’t survive [Video]
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In this week’s Live from the Vault, iconic financial commentator and life-long stockbroker, Bill Holter, joins Andrew Maguire to share his eye-opening examination of the West’s insurmountable debt.
As the Fed’s money-printing tactics start to closely resemble a Ponzi scheme, the precious metals expert explains, with mathematical certainty, why the current system is destined for bankruptcy.
Timestamps
00:00 - Start.
01:30 - Bill Holter - the introduction.
02:45 - Jim Sinclair’s “QE to infinity and beyond” going since 2008.
06:05 - 80% of all the dollars have been printed in the last 2 years!
09:05 - About Central Bank Digital Currency (CNBC).
10:50 - Bailing is already in place! How to get out of the system!
16:15 - Silver as the fuse to break the financial system!
20:00 - Silver short positions, nickel blowing up and the Rubicon line.
24:35 - What would Bill do if he came from Mars?
28:20 - Could silver and gold be confiscated?
32:00 - Silver’s Backwardation described.
35:40 - About Exchange of Futures for Physical (EFP).
38:30 - Final parting message From Bill Holter.
Author
Samuel Briggs
Kinesis Money
Samuel holds a deep understanding of the precious metals markets, and as an in-house journalist for 1:1 gold and silver-backed monetary system, Kinesis, he is chiefly responsible for updating the community with insights and analys
