Silver is a monetary metal with huge industrial use! Silver and gold are the safest and possibly the only way to transfer your wealth to the new dystopian reality! 😮 God help us all!🙏 😢
I agree, when you look at constitution silver or on coins such as a silver eagle there is a denomination on them and they are in fact legal tender it would just be stupid to use as legal tender because of the Silver value in them but they are legal tender.
Gold is the foundation for personal wealth. Silver might turn out to be a good speculative investment. PM miners have succed for the last 8 years. It's better to just buy physical metal.
I love this interview. Andrew is full of conviction and I love it when precious metals advocates actually believe in the metal, instead of this 5 or 10 percent nonsense. He fully understand the problem with the paper metals/miner trades.
I think it was the pay off for the US supporting the Canadian banking system during 08. I think it was done to support the US dollar. Backdoor schemes. IMHO. Same with the UK selling their Gold in 2000'ish. Gotta Support Insolvent Uncle Sam and the "GLOBAL RESERVE CURRENCY". Trudeau is a Kneeling Snow Blower 💦☻️
Thank you, Jesse, for your channel. I learn so much from you and your guests. It astonishes me that so few a awake to w hat is going on. Too many distractions. Thanks again.
The blueprint was put in place long ago. You know? This is the writing was on the wall for decades now. When you have asset hyperinflation, I mean, basically that's what it is. I mean the defecit is exponential growing now. There is no way out of this other than hyperinflation. That's what happens when you have asset bubbles that carry on for years, pop, reinflate. If you don't want high inflation, you have to stop or prevent speculative bubbles from forming all of the time. The labor market can not keep up to that level of inflation.
10:58. Exactly. Who will buy Treasuries from a bankrupt and failing corporation? Perhaps only the Fed soon. Risk is too high of major loss from inflation or total loss from default. Treasuries are far from safe. Just ask Russia and all of the struggling banks that stuffed their portfolios with them. A sovereign bond is an exchange of current issue “IOU nothings” for a promise of future issuance of “IOU nothings” (with reduced purchasing power, even after yield is considered) from a bankrupt corporation. If that’s not bad enough, your Treasury holdings can effectively be defaulted on if you fall out of favor by the regime and Uncle Sam slams you with sanctions or if a social credit scheme deems that you are naughty. Now is the time to reduce as much counter-party risk as possible and be a contrarian, not try to pick up dimes in front of a steamroller.
Question... So how much do you have in your stack ? You talk about all the sales you have and obviously you buy and sell but how much do you hold of your gross valuation in metals as to real estate or any other investment ?
Last place to hold anything of value is a bank safety deposit box. When they close you have no access to it and history has shown the boxes are emptied and taken. Look at your agreement it states "they are not responsible for the contents of your box" So why are you paying for it? Regards, Andrew
I want to know what was it that made him realize what and why makes Silver and Gold the REAL MONEY ? For me its easy to understand .. We cant have any of our society today without Silver and gold but more so silver... Next is its not endless supply like say a tree leaf... Next is it takes both physical and mechanical labor to extract and the more you extract it the less there is and the more expensive it is to extract... Then the last is it doesnt break down much over a very long period of time... This is why we cant use say Lemons as money.. Lemon has its Value but it cant be used as money ... So The Metals fits to reasons why its used as MONEY... THE BS PAPER FIAT As well Digits will show as they always do is POOR Misused representation of that money... So I strongly urge people to put some kind of 5 of their gross worth into metals and dont worry about it. Look at it as Insurance on your wealth and HOPE Never to need it... Because the day we do need it well we can take a look at other places and have a good idea what life will look like when SHTF day comes to America.
Work =Energy =Labour =Money =Energy =BTU/CAL =Value. Currency = Corruption ! Currency ≠ Energy ≠ Value I hope these terms will be used more accurately going forward. In 1971 $1 CAD bought @ $0.99+ USD. USD was $35/1oz 2024 $3300 CAD/1oz CAD has lost @98% of its *VALUE* since 1971. ... The Gold/ Silver ratio should ideally represent the amount of ENERGY/WORK required to recover the material from the Earth. Silver is a byproduct of Copper/Zinc/Tin/Gold Mining. Therefore it requires less energy to recover, irregardless of it's Planetary Crustal Abundance. As such its VALUE is less than its elemental ratio would imply. IMHO. ENERGY is the Master commodity. Lets go nuclear ⚛ Energy is Wealth Energy is Prosperity.
You think thats bad / Bond market. HA... What you think is going to happen to all those Retirement funds thats in them and wont get paid out ? Good by Cities and say HELLO To Chaos ...
buy now tomorrow it is too late. But this week we have a special offer, limited supply of course. Oh and at the end of the rainbow there is a pot of gold. Maybe true, maybe the oldest trick in the bazaar. In Germany dealers moan because too many people sell to them and we have the lowest premiums in 6 years.
@@princessdumbarton9877 I f you are an optimist , you say: The little guy, sometimes called dumb money sells, this is a sign for higher prices to come, but who knows?
So a salesman of precious metals is telling us to dump all our investments and put it ALL into precious metals that he sells. Do people actually fall for this?
@@davidfranklin4534 Be very suspicious of anyone telling you to go all in on any one asset. Especially an asset that they are trying to sell you. Their motive is driven by their own profit not yours.
Silver is a monetary metal with huge industrial use! Silver and gold are the safest and possibly the only way to transfer your wealth to the new dystopian reality! 😮
God help us all!🙏 😢
I agree, when you look at constitution silver or on coins such as a silver eagle there is a denomination on them and they are in fact legal tender it would just be stupid to use as legal tender because of the Silver value in them but they are legal tender.
@@artjogounless 1 silver dollar becomes worth 100 or 1,000 green backs 😉
I understand your point tho-even worse for gold.
5:25 This is what I did, sold all my stocks, started cashing out everything. Moved it all into Gold, Silver and Crypto.
Gold is the foundation for personal wealth. Silver might turn out to be a good speculative investment. PM miners have succed for the last 8 years. It's better to just buy physical metal.
Excellent interview! Thanks for having Andrew on.
Glad you enjoyed it!
I love this interview. Andrew is full of conviction and I love it when precious metals advocates actually believe in the metal, instead of this 5 or 10 percent nonsense. He fully understand the problem with the paper metals/miner trades.
Glad you found it useful and thanks for watching.
Gold is waaaay undervalued
Definitely agree with you there.
Great interview!
Glad you enjoyed it and thanks for watching!
AWESOME IM IN AND SUBBED UP
22:35. On target. Leave in the system whatever wealth you are comfortable losing.
Who ever allowed the sale of Canadian gold supply should be charged with treason............how could that of been allowed.........
I think it was the pay off for the US supporting the Canadian banking system during 08. I think it was done to support the US dollar. Backdoor schemes. IMHO. Same with the UK selling their Gold in 2000'ish. Gotta Support Insolvent Uncle Sam and the "GLOBAL RESERVE CURRENCY". Trudeau is a Kneeling Snow Blower 💦☻️
Not sure what you mean...Gold id traded like any other commodity and is sold globally. Its free enterprise
Very bizarre move for sure.
england did the same
This is one seriously sobering conversation.
ALL CANADIANS ALERT PLEASE BUY METALS TO SURVIVE WHATEVER THIS IS.GOD BLESS
Thank you, Jesse, for your channel. I learn so much from you and your guests. It astonishes me that so few a awake to w hat is going on. Too many distractions. Thanks again.
The blueprint was put in place long ago. You know? This is the writing was on the wall for decades now. When you have asset hyperinflation, I mean, basically that's what it is. I mean the defecit is exponential growing now. There is no way out of this other than hyperinflation. That's what happens when you have asset bubbles that carry on for years, pop, reinflate. If you don't want high inflation, you have to stop or prevent speculative bubbles from forming all of the time. The labor market can not keep up to that level of inflation.
10:58. Exactly. Who will buy Treasuries from a bankrupt and failing corporation? Perhaps only the Fed soon. Risk is too high of major loss from inflation or total loss from default. Treasuries are far from safe. Just ask Russia and all of the struggling banks that stuffed their portfolios with them. A sovereign bond is an exchange of current issue “IOU nothings” for a promise of future issuance of “IOU nothings” (with reduced purchasing power, even after yield is considered) from a bankrupt corporation. If that’s not bad enough, your Treasury holdings can effectively be defaulted on if you fall out of favor by the regime and Uncle Sam slams you with sanctions or if a social credit scheme deems that you are naughty. Now is the time to reduce as much counter-party risk as possible and be a contrarian, not try to pick up dimes in front of a steamroller.
Hold my beer.... Silver up folks!
Question... So how much do you have in your stack ? You talk about all the sales you have and obviously you buy and sell but how much do you hold of your gross valuation in metals as to real estate or any other investment ?
When this financial crisis happened, are the bank safe deposit boxes accessible or can they seize the contents?
not always. yes
Last place to hold anything of value is a bank safety deposit box. When they close you have no access to it and history has shown the boxes are emptied and taken. Look at your agreement it states "they are not responsible for the contents of your box" So why are you paying for it? Regards, Andrew
Nothing in the banking system is safe, it's all based on fraud. Be your own bank.
Thanks!
Thank you for watching and for the contribution, I'm happy you're getting value from the channel!
I want to know what was it that made him realize what and why makes Silver and Gold the REAL MONEY ? For me its easy to understand .. We cant have any of our society today without Silver and gold but more so silver... Next is its not endless supply like say a tree leaf... Next is it takes both physical and mechanical labor to extract and the more you extract it the less there is and the more expensive it is to extract... Then the last is it doesnt break down much over a very long period of time... This is why we cant use say Lemons as money.. Lemon has its Value but it cant be used as money ... So The Metals fits to reasons why its used as MONEY... THE BS PAPER FIAT As well Digits will show as they always do is POOR Misused representation of that money... So I strongly urge people to put some kind of 5 of their gross worth into metals and dont worry about it. Look at it as Insurance on your wealth and HOPE Never to need it... Because the day we do need it well we can take a look at other places and have a good idea what life will look like when SHTF day comes to America.
Work =Energy =Labour =Money =Energy =BTU/CAL =Value.
Currency = Corruption !
Currency ≠ Energy ≠ Value
I hope these terms will be used more accurately going forward.
In 1971 $1 CAD bought @ $0.99+ USD.
USD was $35/1oz
2024 $3300 CAD/1oz
CAD has lost @98% of its *VALUE* since 1971.
...
The Gold/ Silver ratio should ideally represent the amount of ENERGY/WORK required to recover the material from the Earth. Silver is a byproduct of Copper/Zinc/Tin/Gold Mining. Therefore it requires less energy to recover, irregardless of it's Planetary Crustal Abundance. As such its VALUE is less than its elemental ratio would imply.
IMHO.
ENERGY is the Master commodity.
Lets go nuclear ⚛
Energy is Wealth
Energy is Prosperity.
You think thats bad / Bond market. HA... What you think is going to happen to all those Retirement funds thats in them and wont get paid out ? Good by Cities and say HELLO To Chaos ...
Need to even out the volume. Host voice is way louder and have to crank it down when he talks
Andrew Sleigh is a Sales Representative at Sprott Money
buy now tomorrow it is too late. But this week we have a special offer, limited supply of course. Oh and at the end of the rainbow there is a pot of gold. Maybe true, maybe the oldest trick in the bazaar.
In Germany dealers moan because too many people sell to them and we have the lowest premiums in 6 years.
Maybe people are selling because they're broke and need money.
@@princessdumbarton9877 I f you are an optimist , you say: The little guy, sometimes called dumb money sells, this is a sign for higher prices to come, but who knows?
@@tatagata6268 Maybe. The central banks and countries are buying tons of gold.
So a salesman of precious metals is telling us to dump all our investments and put it ALL into precious metals that he sells. Do people actually fall for this?
check out parallel systems on RUclips, or don't.
It's your responsibility anyway, not mine.
IOUs which are property of the u.s. treasury. aka, it's not yours.
True it may seem like a conflict of interest - he is talking his book- but he explains why he sees it this way. And a good explanation IMHO.
@@davidfranklin4534 Be very suspicious of anyone telling you to go all in on any one asset. Especially an asset that they are trying to sell you. Their motive is driven by their own profit not yours.
Do you REALLY own those stocks?
Great more fear porn