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Gold’s OMINOUS Warning: A Global Monetary Reset That’ll BLINDSIDE Americans · Man in America Podcast

• 0:13
  Speaker 1: Welcome to Man in America, a voice of reason in a world gone mad. I'm your host, Seth Holehouse. Right now, there is a very significant event happening. And you can see all the indicators of this event if you look at what's happening with money, currency, gold and silver, stock market, Bitcoin, etcetera. It's not just an event where, oh, wow.
• 0:45
  Silver's going up or gold's going up or Bitcoin came down. It is so much bigger than that. And on this show, I had to say, I have a hard time figuring out the kind of topics I wanna cover. Because if you go I'll pull up the homepage of Rumble, you'll take a peek. And, you know, you've got Tim Pool, he's arguing with the liquid death CEO.
• 1:10
  You've got, you know, the quartering and, you know, Crowder arguing with the black men. You've got Cash Patel's devastating news. You've got John Bolton information. And I'm not downplaying these events because it's important to know what's happening day to day. But for me, I just I don't have much interest in these particular events.
• 1:30
  I I don't. Now some of them I try to cover, and I've thought for a long time about doing, a daily news show, but I am much more focused on what are the big, big, big things that are coming that will change our way of life or affect us in very significant ways. What are the signs that we can see? What are the indicators? And and that's just where my mind goes.
• 1:55
  And so right now, especially this past week actually, couple weeks or actually, realistically, the whole just the beginning of this year, we've seen some major things happening within the precious metals market. And, again, it's not just about precious metals. It's about precious metals are the canary in the coal mine for the global financial system. Earlier this year, we saw there are indications of mass amounts of gold being repatriated, you know, gold being flown back into New York. There's the idea of auditing Fort Knox, the idea of a gold revaluation.
• 2:32
  There were a lot of discussions about this. So, you know, I've I've done a lot of interviews talking about the LBMA and the paper markets and what's cracking. And even the show I did, this week, I did about silver and looking at what's happening with the silver markets and how the paper markets are basically crashing and, you know, explaining the the history of how we got to where we are with with the overall currencies. And so tonight's show is gonna go even bigger than that. Because if you look at, again, what's recently happened, which I'll show you a little tweet about kind of summary of what we're kind of experiencing, even looking at silver prices, even looking at the the paper market breaking, which, and if you hadn't watched my my show before this one, I highly recommend it because I'll give you a lot of information there that helps build up to this discussion.
• 3:18
  It's very, very important what's happening. But what I'll be getting into tonight is I think much larger. It's about something that experts refer to as a global monetary reset. This is what I believe is going on right now, is a global monetary reset. And I'll explain that in today's show.
• 3:42
  I'll explain what that means. I'll give you a lot of details and information to help you understand it because it's complicated stuff. It's taken me a lot of research, a lot of interviews, a lot of podcasts to even form an elementary understanding of what's going on. But I think I'm starting to get it. And I wanna share with you my understanding of what is happening.
• 4:03
  Because if I'm correct, it is probably the most significant event of our lifetimes in terms of changing the way that the world works and changing the way that we live and changing the way that we transact and the way that we invest in everything. It's that significant. But before I dive in, just a few quick things. First off, thank you for being here. I appreciate you being here.
• 4:29
  I really do. If you're watching on Rumble, big thumbs up to you for supporting a free speech platform. Make sure you hit that thumbs up button, it's really important, whatever platform you're on, make sure you hit it, but Rumble especially, make sure you hit that thumbs up button. Also leave a comment, I love reading your comments, I read almost every single comment, I'm not good at responding to them, but I at least I promise you, I read almost every single comment. So I thank you for that.
• 4:54
  Also, every show I do is done as a podcast as well. So if you wanna listen instead of watch, just go to your favorite podcast app and search for Man in America, you'll find me on there as well. Okay. I wanna pull up this tweet from mister Uppi, fun name, just as a kind of summary of what's happened with specifically the silver squeeze and everything. This helps kind of get us to where we're gonna start today.
• 5:15
  So mister Uppi says, for the first time, even retail buyers are starting to feel it. One investor shared that her bullion order from a major dealer usually shipped the next day was suddenly delayed five days. It might sound minor, but it is the first visible crack in what is it happening behind the scenes. Last Friday, October 10, the world's largest silver market in London completely seized up. Liquidity did not thin out or slow down, it vanished.
• 5:41
  The so called free float of physical silver available for delivery effective hit effectively zero. That's alarming because London is the heart of the global gold and silver price discovery. Every miner, refiner, and bank uses those daily benchmarks to fix their prices sorry, benchmark fixes to price their trades. But the system is not backed by real metal, it runs on unallocated paper claims that outnumber physical supply by staggering multiples. For decades, those paper promises create fake abundance.
• 6:12
  Billions of ounces traded daily in London's spot market even though global mine supply is only a fraction of that. The result has been chronic underpricing, chronic overproduction, and the slow depletion of real inventories. Now the paper system is breaking down. The zero liquidity event, backwardation, and 200% lease rates in London are the first clear signs of stress. It is what happens when too many people are holding IOUs silver demand delivery all at once and there's not enough metal to go around.
• 6:42
  Some call it logistics, but we have heard that excuse before. The truth is that the mountain of synthetic supply in London is collapsing and the physical market is taking control. When paper fails, metal reprices fast. Silver's real value is surfacing not as a speculative trade, but as a scarce monetary and industrial metal that has been suppressed for decades. The repricing has only just begun.
• 7:09
  Now, we're seeing this, right? We're seeing record gold and silver prices. You know, silver dropped a little bit today, but it's still well over 50. Gold is well over 4,000. And it's not necessarily the height it's at, it's how quickly it's achieving this height.
• 7:26
  And a lot of experts are seeing this as a very concerning sign. Now look, if you hold physical gold and silver, you look at that and like, Wow, like my silver's worth 40% more than it was a few months ago. Like, that's great. But something 100 bigger is going on here. I'm gonna pull up just a few different tweets here talking about what's actually happening.
• 7:46
  So Peter Schiff, he says, This is getting serious. Gold is at 4,070. It could hit 4,400 tonight. This was yesterday. That's a 10% move in just over a week.
• 7:58
  Something big is about to happen. And this is what today's show is. What is this big thing about to happen? When he says something big is about to happen, what does that mean? Here's another post.
• 8:12
  Gold has had these types of extreme gains in a short period only a few times in history. And each time it was due to something major breaking in the traditional finance system. Central banks, sovereigns, and whales know something is coming and they are hedging, but what exactly? That's what we're getting into in today's show. Here's a post from, Jesse Colombo, has a fantastic report called the Bubble Bubble.
• 8:41
  The spot price of gold surged 2.81% closing at a fresh all time high of 43.26. It's going parabolic at this point and I'm really concerned about the message it's signaling. Here's a good chart for you. This is showing from, July to current. That's not normal.
• 9:03
  That spike right there, that's showing something, something's happening. Here's one of my favorite accounts to follow, Ben Rickard account. Something ominous is coming, you can feel it. It will be made aware in the public consciousness soon. And here's a post from Zero Hedge, gold now full on full blown YMAR mode.
• 9:25
  Only thing left is for stocks to flip correlation and follow into the final debasement abyss. So I'm gonna be talking about this. Okay, what happened in Weimar Republic? We'll be getting into that. And I'll say, what's he referring to when he says, Only thing left is for stocks to flip correlation?
• 9:46
  We're gonna talk about that. So I've got a video to show you. This is a post from Gold Telegraph, And this is a video from about a year ago. And I'll play the video is about a minute twenty one seconds. One minute twenty one seconds.
• 10:01
  He says, Last year, billionaire and legendary mining entrepreneur Pierre Lassonde told me, the Shanghai Gold Exchange is going to turn into a casino and that's when we'll see real crazy prices. Fast forward to today. The People's Bank of China is using the Shanghai Gold Exchange to court central banks from friendly nations, encouraging them to buy bullion and store it inside China's borders. So I'm gonna play this for a little bit because now he mentions the Shanghai Gold Exchange, which I'll be talking about a lot in the second half of today's show, because you have to understand what's happening with China and the BRICS nations is very important to understand the overall situation right now. But part of what Pierre is going to explain in this discussion is what help us understand what zero hedge is talking about when the only thing left is for stocks to flip correlation.
• 11:00
  I'll play this for you now, a minute twenty one, and then we'll continue.
• 11:04
  Speaker 2: The Chinese have a real propensity for gambling, and my thinking is that the Shanghai Gold Exchange is gonna become a bit of a casino type of thing, and that's when we're going to see the crazy, crazy prices. When I say crazy, so one of the probably you've seen me talk about the Dow Jones gold ratio, okay?
• 11:26
  Speaker 3: Yeah.
• 11:27
  Speaker 2: And you can use the S and P if you want to gold, same difference type of thing. That ratio has been one to one over the last one hundred and ten years, and that was in 1980 when gold was $800 and the Dow was $800 And same thing happened in 1934 when the gold came up to $35 and the Dow, which was $3.6 came down to $36 Okay? Yeah. Well, today the Dow is 44,000. Okay?
• 11:58
  So if the Dow doesn't come down, you say like, can gold go to 44,000? I know the number sounds completely insane. Maybe the Dow will be cut in half, but that's still 22,000. Think about this. Okay?
• 12:17
  Can it go there? Absolutely.
• 12:25
  Speaker 1: So what he's talking about there is really, really, really important. He's talking about the ratio of the Dow to gold, the value ratio of Dow to gold. Now I've instead of me trying to explain it to you, I've got a fantastic article on Zero Hedge that really helps to explain this, but hammer this point home. This is actually via Schiff Gold published on Zero Hedge. And this is a very important article to understand what's going on right now.
• 12:59
  It says, Measure assets in gold, not dollars. It's not too long, so I hope you can pay attention to this. And this came out this morning. A new round of tariff announcements from the Trump administration sent markets reeling with gold dropping briefly, only to soar back to new record highs above 4,300 today, signaling collective doubt in the system itself as investors rush to protect themselves with hard assets. Collectively, markets are reaffirming gold's role at the center of sovereignty, monetary stability, and global reserve strategy, even as it has become a favorite target of Keynesian ridicule as everything from a barbarous relic to a waste of physical and financial space in investment portfolios and balance sheets.
• 13:48
  Yet confidence in US debt continues to decline, with the safe status of treasuries increasingly being questioned. That's why now, for the first time in decades, collective Central Bank gold holdings have surpassed the value of their treasuries. That's a very significant point to highlight there. The US dollar is the world reserve currency, so countries around the world have held US Treasuries as a way of backing their own currencies for trade, etcetera. But now, for the first time in decades, the central banks are holding more gold than the value of their treasuries.
• 14:25
  So when we talk about a global monetary reset, this is starting to show us what's happening. So he says, Central banks now hold 20% of all gold ever mined protecting themselves from the effects of currency debasement, even as they ironically cause it. Instead of earning yield by holding treasuries, they continue to stock up on gold, which is a powerful statement against the results of their own monetary experiments. Because gold is very difficult to manipulate compared to other asset classes and isn't subject to the whims of central bankers or the ability of an over indebted, overspending country to pay back what it owes, central banks are rushing to stock more of it. While uncontrolled debt and issuance, dollar weakness, and a massive sovereign balance sheet, central banks buy gold to protect themselves from exactly the same problems that were caused by centralized control.
• 15:15
  Meanwhile, investors, commentators, and asset managers love to sing about stock market highs while ignoring the problem. These stocks are being measured in a currency that's constantly being debased, and this is the key. You look at everyone talking, look how high the stock market is. It's at record highs, 45,000. Look at Bitcoin, record highs.
• 15:37
  We're measuring those things in the dollar. So if the dollar's losing its value, if the dollar is being debased, are the is the stock market really as high as we think? Is Bitcoin measured in dollars really as high as we think? He says, When you price them in gold, you're using a true measuring stick that hasn't been reconfigured by central bank wizards. Suddenly, denominated in real money, most other booming assets don't look nearly as good.
• 16:10
  Equity indexes like the S and P 500 are well off their normal highs when you measure them in gold instead of dollars. Even equities rise in even as equities rise in dollar terms zoom out and those gains often fail to meet gold's rise. He says that's because asset booms are being driven by manipulations in the form of money printing low interest rates and liquidity instead of real fundamentals. Here's a post here. It says Dow Jones gold to rate gold ratio sorry, Dow Jones to gold ratio is about to cross a level only seen three times in history, 2008, 1973, and 1929.
• 16:55
  So if you look at this chart right here, this is showing the Dow Jones to gold ratio. And what they're saying is that the ratio that we're seeing now has only been seen three times in history, 2008, '73, and 1929. And what that's telling you, those instances are when the ratio got was off and when the stock market, the Dow Jones became much greater in value than what gold was at that time. Oops, let me go back to that. So let me zoom back out here.
• 17:31
  Oh, I'm sorry, here we go. Okay, so continuing. Bitcoin is no different. Bitcoiners who love dunking on gold are celebrating recent latest all time highs, but love to ignore the fact that real gold is massively outperforming digital gold. A spectacular Bitcoin crash after Trump's recent tariff announcements brought Bitcoin down from its highs of over 125,000 down 107,000 while gold held its ground.
• 18:00
  He says Bitcoin is crashing. It just dropped below 12 112,000. In terms of gold, Bitcoin is down now over 25% from its record high in August. It still has a long way down to fall. Okay, so Schiff said on Twitter last week, he said, Today is another example of why Bitcoin is not digital gold or even digital silver.
• 18:21
  Gold closed the week up 3% above 4,000 and silver road 4.4% closing above $50 both represent record high weekly contract closes. In contrast, Bitcoin dropped over 5% double the decline of the NASDAQ. So he's saying that despite being the subject of status quo ridicule, gold is still the king of financial assets. Wall Street's reflexive scorn of gold is due to the fact that gold exposes the Kinsians as frauds and sometimes thieves and threatens the premise of existence of entire category of academics and professions, from Ivy League academics to mom and pop retail investment advisors. If a 5,000 year old rock performs just as well as a traditional sixtyforty stock bond portfolio, a lot of people are wasting their time and money.
• 19:08
  When you measure much of the financial gold in the much of the financial world in gold, many of the supposed winners lose their luster. Okay. So basically, what they're saying here is that if you measure the price, whether it's the stock market, or it is the Bitcoin, that when you measure them against gold because before gold became so suppressed, gold was the it was the clearing in the coal mine, same with silver. And so the gold before it should be staying in line with a lot of the other assets, But what's happened as they've suppressed the price of gold and that the dollar seems like the dollar is going up and up and up, and these assets are being met they're measured in dollars, the stock market, etcetera. They're booming, but they're also pumping an insane amount of money into the system, and the dollar is losing its value.
• 20:04
  And so this is one of the ways that people have been tricked. Okay? So continuing here. That's the tweet that we just opened. Gold is sending a message.
• 20:16
  We're saying that huge changes have started to arrive within the world's monetary system. The role for the dollar is declining while gold is slowly returning as a cornerstone to the international financial system. Monetary system resets like this happen only once or twice every 100 and takes years or even decades to unfold. So this is what we're witnessing. Okay, so similar to when the video I played, he mentioned that before, it was very, Dow to gold ratio was very similar, so almost one to one very often.
• 20:51
  But now we've got gold at sort of 4,000 and Dow's, gosh, over 40,000, right? It's the ratios have come completely unhinged, which that shows us if we look at the role that gold has played as a stable monetary instrument aside from the suppression, but what it does is it showed us the real value. And so when you see Bitcoin surging, the stock market surging, it's a warning sign because those it's like the dollar is losing its value, and they're pumping so much into the money supply. So continuing. Central banks have been loading up on gold since 2002, they know what's coming.
• 21:37
  When trust and fiat fades, gold becomes the anchor. Own gold or be owned. This right here is a cumulative change in reported central bank holdings of gold. So starting in 2008, you can see that there has been a massive increase in the central bank holdings of gold. And so when we talk about a global monetary reset, as I'll continue to point out here, what I think is happening is that the dollar as the world reserve currency is being replaced.
• 22:14
  It's being replaced in a lot of ways by gold. Now, I'm not saying that it's there's been an official announcement, but if you look at what the countries are holding, then they're holding more gold than US treasuries. This is a significant change. This is a global monetary reset that's happening. But you you start to see though that a lot of it ties into the BRICS nations.
• 22:40
  Now I've been talking about de dollarization for a long time here, and there's been a lot of speculation about are the BRICS nations going to be unveiling some sort of, you know, currency that's tied to precious metals or tied to commodities in some sort of particular way. And that's what we're seeing. So looking at China, here's a post says, From Bloomberg, Beijing has been accumulating gold reserves for a decade and is now seeking to woo other nations to store gold in China's bonded warehouses and trade the metal on the Shanghai gold exchange. So this is showing the leading buyers of bullion and the change from 2000 to 2024. You can see that Russia and China both very, very intertwined in a lot of ways.
• 23:26
  Since 2000, they have massively increased their amount of gold bullion and they're buying of gold bullion. Then you have India, Turkey, Japan. The US is actually running at a negative in terms of the their acquisition has dropped since 2000. Okay, so continuing. So this is an interview with Doctor.
• 23:48
  Judy Shelton. There's a post who says China's gold strategy, the quiet accumulation. Doctor. Judy Shelton told me something striking. China, the world's largest producer and consumer of gold is almost certainly not being transparent about how much it really holds.
• 24:03
  Through the Shanghai Gold Exchange, Beijing has quietly built the infrastructure to merge gold and the Yuan, setting the stage for settlement through digital instruments or stablecoins. Xi warned that China may soon propose a new international monetary system anchored to gold, a move that could redefine global finance. Her message was clear. We still have the world's largest gold reserves. Let's do that.
• 24:27
  Let's use that to our advantage before China does. Again, Xi warned that China may soon propose a new international monetary system anchored to gold, a move that could redefine global finance. Redefining global finance, a global monetary reset. And that is what I think that we're seeing here. Here's a post from Darth Powell, great account over there next.
• 24:56
  You know what's coming. Okay, this is a chart. This is China's gold stock levels from 2009 to 2025. What is China preparing for? This is insane.
• 25:11
  Look at that spike. What is China preparing for? And he says, you know what. Now I wanna continue here. If you wonder what's going on with gold, here is a much want here's a must watch breakdown from Sorenthek.
• 25:28
  This is he's the account VBL's ghost. He's a publisher of Goldfix. He's a professor of finance. So here is a must watch breakdown from from him from his appearance on TFTC this week. Things have been in motion behind the scenes for fifteen years.
• 25:43
  So this right here, this is about five minutes. I'm gonna play this for you. What he's explaining here is he's explaining what's happening and the fact that this video only has 36,000 views is mind boggling because if you look at the scale of what's happening here and how important it is and how a global monetary reset changes everything about our way of life, the fact that no one's paying attention to this is crazy. But that's also why I'm doing this. That's why I'm doing this show because I'm saying, hey, you know, I know it's, you know, the John Bolton stuff is really cool, and that's really important and everything, but there is a much bigger thing happening, and I hope I can help bring it to your attention.
• 26:25
  So I'm gonna play this video. It's five minutes long. I might play the whole thing. I'll see. Either way, I'll full screen it so you can just you can kind of see it and there's good captions on there for you.
• 26:35
  So five minute twenty three, let's go and play that for you.
• 26:39
  Speaker 3: I did deep dive research on the Bricks behavior at their summit this year in May. And that summit, which did not get a lot of press this year, there wasn't a lot of hype for various reasons, but I wrote five articles on it. And one of the articles was I identified from piecing together articles everywhere. I'm talking to two sources of Mainland China, from talking to someone in Hong Kong, that China, to assuage fears of the other BRICS people, had said, look, we want you to use the yuan for currency. And, you know, let's say you're a Saudi Arabian, like, I'll use it.
• 27:13
  I'll use it. But you know what? I may not trust The US, but the US dollar is better than yuan. What are you backing it with? Well, we're backing with our economy.
• 27:23
  We're not gonna back it with gold, but I'll tell you what we will do. We'll do something The US doesn't do. We'll let you convert it into gold freely. No problem. And Saudi Arabians said, everyone just for instance,
• 27:37
  Speaker 1: they
• 27:37
  Speaker 3: said, that's great. Where will the gold stay? This is like five years ago. Where will the gold stay? Well, it'll stay in China.
• 27:44
  They're like, nuh-uh. That's not gonna work. We don't want right? We're just we just ended this problem with The US. Everyone's pulled their goal back.
• 27:51
  And so China comes up with a plan. And the SGE, which is the Shanghai Gold Exchange, just their physical exchange, they create an international division. SGE International, SGEI. And the s g e I starts partnering with vaults in various BRICS countries, and they create a network. So I'm Saudi Arabia, I give them my oil, they give me your wand, and I say, you know what?
• 28:18
  I wanna convert this into gold. Will you make me a market? And they do, China. And the one, Yuan gets converted to gold. Where's the gold go?
• 28:26
  It goes into their vault. So in a sense, in a crypto way, they decentralized the or not a crypto, you say, they diversify the geographic risk of ownership of the physical metal, but they're still accounted for it in a in a you know, it's it's like it's like old school blockchain. It's like, you know, Fred Flintstone chain. But and so that made the Saudis and the other countries in the Bricks more comfortable holding yuan. I could convert it to gold.
• 29:04
  I could have I could see the gold. I don't have to worry about it going anywhere. I don't have to worry about it. You know, I don't have to worry about an accountant going in and auditing them, you know, to an extent. And and they gradually got more comfortable with it.
• 29:15
  At the same time, they got less comfortable with US treasuries. And so at the bricks of it, the Chinese the Chinese had homework, and their homework was to internationalize the yuan and to internationalize gold ownership. And this is what they announced. Hong Kong, Singapore, the golden card I'm not sure if I named that or they named that, but there's like a golden card or Singapore and Macau all along this area, the the Shanghai Cooperative Organization. And they're saying all these vaults are now connected, which means you could arbitrage back and forth, which means every country can have their gold close enough to see to visit.
• 29:54
  And I went, this is great. I see what they're doing. They're making sure people are trustworthy in gold. And I said, well, what are they doing about the volatility in gold?
• 30:01
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• 31:25
  Speaker 3: Right? Well, because The US can spoof it lower. Anyone can spoof it lower. It's not that deep. Well, turns out they solved that too.
• 31:34
  Now I don't know if it's gonna work, but they solved that. Their solve was the gold will be carried on everyone's balance sheet according to a moving average, not according to the price at the end of the day. So two hundred day moving average. And let's face it, over the long run, gold holds value because it's gold. Right?
• 31:50
  I mean, there's no synthetic gold yet, at least not not not not in large size yet. Okay. So so they create the network of vaults, and I go, alright. This is for the bricks summit. They address the concept of price volatility.
• 32:04
  I go, alright. That's good. And then I read something. I wrote on it. I went, oh, shit.
• 32:12
  This is what they're gonna do next. And this is what they're gonna do. They announced that they're gonna be partnered with vaults in countries that need to build infrastructure. So you're thinking about the African BRICS countries. Right?
• 32:26
  Why? Well, I'm a country in Africa, Ghana, and I've got a shit ton of gold, and it's just sitting there. And if I wanna use it, I have to give it to the IMF, and they give me treasuries, and I borrow money, and I build a road. Right? Right.
• 32:39
  But I wanna do business with China. China is building roads and airports and cutting deals because they're just they're colonizing economically. We know that. China says, you can use your gold. So I'm an African country that needs an airport built to simplify it, and I've got gold.
• 32:59
  I put it in the vault, which is in the system of the Shanghai exchange setup, and then China loans me the money on the gold directly, not through treasuries, not through some swap deal. The the gold is there. Trying to trust them, and then I take the yuan and I go back to China and I say, build me an airport. And so what they've done is they created project financing.
• 33:30
  Speaker 1: So perhaps hopefully, that makes sense to you, but this is so important to understand what's going on here. Because our US dollar, right now, I'm having to show you, but I'll hold up as an example, our dollar was pulled off the gold standard in 'seventy one. And since then, what's given the dollar its value primarily has been because it is the world reserve currency. It's a it's a petrodollar. Countries have had to use hold the dollar for trading in oil.
• 34:03
  The countries have held US treasuries to back their own currencies. That's what it's it's it's a reserve it's a global reserve. That's what has given the value. It's what has propped up our dollar. How is it you think that the politicians and the bankers and the Federal Reserve, they can print so much money, like trillions and trillions and trillions of dollar.
• 34:22
  It's like monopoly money. How can they keep doing that, yet the dollar still has its value? You know, of course, we know that groceries are more expensive and, you know, houses are more expensive, the stock market's higher. Those are all indicators that the dollar is losing its value. They're all indicators.
• 34:41
  So when you get excited, it's like, oh my gosh, wow, my house is up. You know, it's worth an extra $200,000 in the past three years. Okay, great. But so is the cost of groceries, so is everything else. It's like, that's why that article I showed you from zero heads talking about I'll pull it up again just to just kinda highlight that.
• 35:00
  The importance of, as he says, measure assets in gold, not dollars. Because if you measure assets in gold, the truth is revealed. You can see how deflated our currency has become. And if you look at that and you couple that with what's happening with the LBMA and the breakdown of the paper market and the loss of trust in paper and ETFs and the fiat currencies, I think that China has been strategically waiting for the right moment to do this. And right now, if you look at a lot of the discussions about what's happening with the price of gold and currency and the dollar, China's not really in the discussion.
• 35:40
  People are very focused on what's happening with BlackRock and their silver ETFs and look at what's happening in London and, you know, the bullion dealers. But what's happening, what we're seeing though is that there is a global shift. As I point out, I think one of other, tweets I was showing you before let's see. Let me kinda pull it up again. Where are we?
• 36:09
  Let's see. Here we go. Yep. Here we go. This makes this make more sense to you now.
• 36:17
  Gold is sending a message. Huge changes have started to arrive within the world's monetary system. The role for the dollar is declining while gold is slowly returning as a cornerstone to the international financial system. Monetary system resets like this happen only once ever once or twice every hundred years and takes years or even decades to unfold. So this is what I think is happening right now.
• 36:42
  And I think that China is watching this. I'm sure they've played a part in this. They're watching a global, just sudden and intense lack of faith in paper and fiat. This is why central banks are now holding more gold than US treasuries. They see the writing on the wall.
• 37:04
  They know what's happening. They know what's happening. So continuing continuing here. Okay, we played that video. This is a post from Eric Jung, or Eric Jung, Hong Kong Jung.
• 37:22
  Now it's a video of a guy that's talking, I'm not gonna play it because it's just in Chinese, but what he translates what's happening here. He says, The Shanghai Gold Exchange authorized participant old man is spilling information again. This time he's telling us the possible upcoming locations of the next SGE, Shanghai Gold Exchange offshore gold vaults. Quote, the Shanghai Gold Exchange plans to establish overseas gold delivery warehouses, and I predict four cities will be prioritized. Hong Kong, China Singapore, the hub of the Southeast Asia Zurich, Switzerland, the European hub and Dubai, UAE, the Middle Eastern hub.
• 38:01
  These four cities impose no tariffs, value added taxes, goods and service taxes or declaration quantity restrictions on the import and export of 9,999, which is pure gold bars and ingots. Gold trading is highly active in these locations. Among them, Zurich, Switzerland serves as the global center for gold refining and storage. Additionally, gold ingots imported into the EU are also exempt from tariffs. For gold bar transactions in these four cities, anti money laundering declarations and purchase documentation are required.
• 38:32
  Furthermore, the Industrial and Commercial Bank of China and the Bank of China have branch vaults in all four cities, making the storage and withdrawal of gold bars and ingots ingots highly convenient. So you can see what they're they're not necessarily introducing a gold backed yuan, right? They're not coming out and saying, look, we're backing our yuan with gold directly, like as a pinned, you know, one to one value or whatever ratio. But what they're doing is they're they're saying that we're now going to just allow you to exchange the yuan for gold directly. And they're setting up these hubs, as the guy mentioned in that video I played.
• 39:07
  They're not they're not saying, hey, we're gonna keep all the gold in China. I wouldn't trust that. But say you live in Europe and you know that, hey, actually, the Shanghai Gold Exchange has a vault in Zurich, and I can keep my gold there and then get the yuan in exchange for it and use that as a currency. This is directly undermining the entire dollar system, which is the global reserve currency. This is absolutely significant.
• 39:33
  But what's crazy though is that here in America, people just don't they don't see what's happening. That's why I said in the headline, I think I put that Americans will be blindsided. That's the case. Americans how many Americans hold physical gold and silver? So few.
• 39:50
  If you're watching this and you hold if you have a couple ounces of silver, maybe an ounce of gold, you're already in like the elite class of American precious metal owning. Because Americans, they just don't know. They've got their money tied up in the 401Ks and the banking system. They've got their money tied up in the dollar. And that's the key, is that their assets are sitting in the dollar, whether it's the stock market, which is dollar based, whether it's your bank account, your four zero one k, whatever it is, Americans by and large have their assets sitting in a place that is tied directly to the US dollar.
• 40:29
  And that's why silver and gold are keys because they bridge the gap. So if that currency, so if the U. S. Dollar fails, you don't lose your all your assets because your assets are tied into this metal which has a global value. And actually what you will see is that if the dollar continues to go down like this, you're gonna see the price of silver and gold can completely go up.
• 40:54
  That's just how it's gonna work. It's you're seeing this inversion happening. That's why the guy was talking about, could we see a, you know, $22,000 gold and $22,000 Dow Jones? Absolutely. That's what happens because the inversion is happening.
• 41:08
  It's flipping. It's flipping. So this right here, as an example, this is a scene at Bullionstar before opening hours. I think this post is from this morning. Bullionstar is a big dealer out of Singapore.
• 41:22
  They've also got some European and American stuff they're doing, but this is the scene for people in Singapore lining up at the opening hours to buy gold. You don't see this in America. So why is this? What are you seeing there? These people know what's happening.
• 41:45
  Whether they know directly, or whether their government has encouraged it, I can tell you because I used to do a lot of business over in Hong Kong, and China, India, Singapore. They understand gold and silver like no Americans do, very few. They hold on to it, they know its value, they keep it. When you get married, they give it as a wedding dowry, like they understand it. So this is Singapore, okay?
• 42:09
  Right here, people lining up since 5AM in Vietnam to buy gold at all time high. I'm not gonna play the audio here, but you can see, again, people lining up to buy gold in Vietnam. You don't see this in America, largely because our media and our government has been so corrupted. Not to say the Asian governments aren't corrupt, but they don't want this. They don't want us to do this.
• 42:36
  They want us to keep our assets in the stock market. So this is what's going on here. And this is this is why this is such a significant event because this isn't like the Weimar Republic, where it's just an isolated currency that entered into hyperinflation and collapsed. What happens if the US dollar does that? The US dollar, which is the global reserve currency.
• 43:00
  We're talking about a global financial event that we've probably never experienced on earth before. Now, as we conclude, I want to show you a very good video, which someone made based upon a conversation of some people talking about what happened with the Weimar Republic. So here's a post from Orban, Orin Elbis who says, why is the price of gold skyrocketing? Let history be your god. I wanna play this for you.
• 43:28
  It's a little bit less than five minutes long explaining what was happening in the Weimar Republic and what it looked like there. There's a lot of very important lessons for us to learn from this. So I'll full screen this for you. That way you can just you can enjoy it without having to stare at me. And again, it's about five minutes long, so I'll play the whole thing for bit.
• 43:49
  Please pay attention to this because this is very important. And what is this saying? Is that those who don't learn from history are doomed to repeat it? Oh, here we go. This is history.
• 43:58
  Let's watch it together.
• 44:00
  Speaker 4: At the rural district, they went on strike and the government is though paid their salaries and they did that of course through printing some more money. So this was like, you could say the final blow to the paper mark and then the price of gold goes absolutely, you know, bananas. You see it rising to a million marks, then 10,000,000, then a 100,000,000, then a billion, then 10,000,000,000, a 100,000,000,000. And eventually it reaches all the way to 1,000,000,000,000 paper marks by the 1923. So you have this hyperinflation taking place.
• 44:45
  It's very, very rapid. It happens within the span of one year. And just imagine, I mean, like even if you sold your gold for a billion marks. Yeah, you bought it at one mark. You sold it for a billion marks per one gold mark.
• 45:04
  You're under the impression that you made a killing, but in fact you lost everything because within a few months it's going to be a trillion. You already lost 99.9 or whatever of your money.
• 45:18
  Speaker 5: It is just hard to comprehend that it that it could move along that quickly.
• 45:24
  Speaker 6: Yeah. I mean, it it would be the equivalent if my, like, rough math is is about right. They'd be, like, $38,000,000,000,000 per troy ounce
• 45:35
  Speaker 4: in US Yes. Dollars inside the
• 45:37
  Speaker 6: Yeah. It would be absolutely insane. The money would be obviously, like, worthless at that point.
• 45:46
  Speaker 4: When you see such a thing, it's not happening because gold is more valuable. It's because the currency is collapsing and you get these absurd numbers. Now people are not equipped to even, you know, comprehend such numbers. I mean, if you were following the price of gold in recent year here, you expect it to be somewhere between 1,000, 2,000. Okay.
• 46:07
  It went above 2,000. Okay. 2,100, 2,200. Suddenly we've
• 46:13
  Speaker 1: Just a quick note, this video I think was recorded. They're showing the pricing of gold in May 12 earlier this year. I think this video was made around May year, but it doesn't mean it's any less relevant. It's actually even more relevant considering what's happened to the price of gold since then.
• 46:26
  Speaker 4: Recently reached 3,500 and it happened very rapidly. I mean, like people are scratching their heads, but what if this is just the beginning? This is the point of the exercise. Why am I bringing up this story about Weimar Germany? Because I want people to start imagining that just because the price of gold doubled or almost doubled, it doesn't mean it can double again.
• 46:51
  It doesn't mean it can go up tenfold. It doesn't mean it can go up a thousandfold. It can. It certainly can if the dollar is indeed collapsing. I'm not saying that this is exactly what we're seeing right now.
• 47:02
  It hasn't happened yet, but I'm just entertaining the possibility. You know what I mean?
• 47:07
  Speaker 5: Absolutely. And so in these situations it can be hard to imagine but what the best thing to do would be is just hold on. Just dig your nails in and hold on to all of your precious metals for as long as you possibly can. And hopefully until the point that it seems like there's going to be some sort of monetary reset that this fiat system that you're currently enduring is going to get replaced with something else.
• 47:36
  Speaker 4: Yes. Really in that year, in 1923, you saw those absurd scenes like children playing with stacks of banknotes and people burning them at the fireplace for heat because they were cheaper than firewood. And people, you know, with wheelbarrows of cash in order to buy the most essential items. And for the population, such a thing is incredible suffering because people can lose all their savings almost overnight. And people who don't have the experience of hyperinflation, they have difficulty imagining such a thing.
• 48:15
  That the currency which they worked so hard to acquire, you know, all their lives suddenly loses all value. So, I think that's something we should be aware of because at least as far as, the people in charge are behaving, they're behaving as though the currency is worthless. So why shouldn't we?
• 48:39
  Speaker 1: So I wasn't showing you that to scare you, that video. I was showing it just to show you what's happened before. What happens before when a currency loses its value, when a currency enters into hyperinflation? And with the amount of money printing of the US dollar, what's stopping it from doing that? Well, one of the main things stopping it is the fact that it's been a global reserve currency, and people are holding on to it.
• 49:08
  But what happens when people start switching away, which is what we're seeing right now, when they start moving to other currencies, when they start moving to physical gold? What happens to the value of the US dollar when they've printed it so much, yet no one really wants it anymore? So do I think that the dollar is gonna enter into hyperinflation and we're gonna see, you know, a chicken costs, you know, $10,000? I don't know. I hope not because it means a lot of suffering for people, a lot of suffering.
• 49:40
  But I think it's a possibility. I think it's a possibility. And the indicators that I'm seeing that I presented here are what make me personally believe that it is a very real possibility that we could see that in our lifetimes and maybe even much sooner than you might expect. Especially when you look at what's happening with the paper market, with the whole pyramid scheme of, you know, silver and ETFs and all these promissory notes, that's collapsing. But when you add in what China is doing with the Shanghai Gold Exchange, and you look at that, and you look at the long term plan they've had of the de dollarization campaign, that's what sort of clicked for me.
• 50:23
  Because this show wasn't gonna be initially about that. This show is gonna be covering what was happening with gold and silver and give an update. We're seeing, you know, some regional banks, you know, getting hit, and there's some, you know, ideas of bank runs, etcetera. But as I started, pardon me, digging into this and seeing what what China was doing, and it all clicked for me. It's like, oh my goodness.
• 50:42
  I think this is what's happening, is that China is making a move. They've made it move for a while. They're very strategic. They're very long term in their thinking, way more long term than most of us here in America, your Western countries. And I think that they are working to replace the US dollar with gold, but then make sure their own currency is very, very, very closely tied to that gold.
• 51:10
  And so I think that could we see silver go to $500 an ounce, a thousand bucks an ounce, $5,000 an ounce? Yeah, I mean, could, right? But like, what's that mean though? Because we're still we're using the broken measuring stick to measure it. Could gold go to $20,000 an ounce, dollars 50,000 an ounce in US dollars?
• 51:34
  It absolutely could. It doesn't mean that gold has gone up 10 times in value, it means the dollar has lost 10 times of its value, basically. And so, this is this is why I'm focused on this topic, and I have been for quite some time now, because this is absolutely significant. Now look. Maybe Trump has some plan for this, and maybe he's like Judy Shelton said, you know, he's really building up our own our own reserves and goal, and there's a strategy there.
• 52:01
  I hope that he is. I hope that he's got a way to counter this. There's been speculation of it, but we'll see. But what China's doing and what's happening with the paper markets out of London and what's happening with the price of gold and silver and what's happened to the fact that so many bullion dealers can no longer fulfill their orders because the demand for gold and silver has been so high, especially outside The United States, these are all indicators that the current monetary system is breaking down and it's being replaced and maybe it's a good thing, right? As tough as this, maybe it's a good thing to go back to a monetary system that's closely tied to gold.
• 52:33
  You know, to me my perspective is gold is God's money. Gold is God's money. Silver, it was here on Earth, well before man. So that is the show. Don't wanna scare you, but just wanna educate you.
• 52:52
  If you still have a lot of your assets sitting in paper money, bank account, four zero one ks, etcetera, I'm not giving you financial advice, do your own research, gold could come back down tomorrow, you know, so again, don't just do your own research. But for me, I'm looking at it as I'm trying as much as I can to not have hardly any money in the bank and trying as much I can to keep all my money in gold and silver, because that is an asset that will bridge this system. I don't want to lose everything. So anyway, but if you're looking to do that, if you have someone you can trust, great. If you're not sure where to go to either buy gold and silver directly, have them delivered to you, or do like a four zero one ks, like say you want to move a portion of your four zero one ks, your IRA into physical gold and silver.
• 53:40
  The company that I work with, trust completely is Noble Gold, the CEO, Colin Plume. Good friend of mine, honest guy. Goldwithseth.com will take you there. You can learn more. You can fill out the form, get a wealth protection kit.
• 53:56
  Call them up at (877) 646-5347. They are the best in the industry, especially when it comes to IRA and four zero one ks transfers. So that's an important thing to kind of throw out there for you, is that if you have all my sitting in 401 Ks, they can walk you through that step. It's very easy to transfer in the ways you can avoid the fees. But anyway, make do your own research.
• 54:17
  You take everything that I say with a grain of salt, do your own research. But I'll have all the links, for that goldwithseth.com and the phone number in the description to the show below. Alright. Thank you. And don't forget to share this.
• 54:29
  If you enjoyed it, make sure you like, comment, all that good stuff. Alright. Thank you. I'll see you again next time. Let me ask you something.
• 54:36
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• 54:53
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• 55:30
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• 55:54
  Again, it's pplx.ai/mia. So take back your time and take back the truth online.