99% of COMEX contracts are settled in cash, with only 1% resulting in physical delivery of metals like silver and cotton.
An unusual increase in physical silver deliveries from COMEX signals potential higher silver prices and indicates larger market players recognizing the declining value of the US dollar.
The surge in COMEX activity suggests a “crackup boom” where people are hoarding physical assets like peanut butter and tuna fish instead of holding rapidly devaluing currency.
The erosion of monetary integrity is directly linked to the erosion of civil liberties, with currency debasement acting as “invisible handcuffs” on the middle class.
The battle over money control is reaching a critical point, determining whether future generations will be free people or managed subjects of a technocratic financial system.
The GENIUS Act, potentially introducing a new centralized monetary system, raises concerns about negative impacts on freedom similar to central bank digital currencies.
The sound money movement advocates for honest money in the system, aiming to empower individuals to determine their financial future through choice of currency.
While digital currencies offer convenience, they are viewed as more of a control mechanism, potentially limiting freedom and autonomy for those valuing volunteerism and individual liberty.
Armstrong’s computer model predicts a global contagion of economic collapse and war by 2026, similar to historical events like Rome’s overthrow in 509 BC, spreading to Athens, French Revolution, and Berlin Wall.
The EU and NATO are reportedly planning to cancel their currencies and introduce CBDCs by January or March 2026, with Spain already limiting cash withdrawals to 3,000 euros without government permission.
Stable coins backed by US government debt are essentially war bonds, as the Biden administration seeks new buyers after threatening China and Russia, with China dumping $50 billion in US debt.
The EU and NATO are allegedly attempting to regime change in Hungary by cutting off its energy supply, viewing it as a thorn in their side for blocking Ukraine’s NATO and EU membership under Article 7.
NATO has crossed every red line set by Putin, including providing long-range missiles to Ukraine, which is seen as a psychological attack designed to provoke a response from Russia.
China will not allow Russia to fall, with North Korea and China supporting Russia against NATO, recognizing this as a war with NATO rather than just Ukraine.
Trump’s unique value proposition lies in his ability to disassociate from the consequences of his actions, unlike career politicians who consider the greater good and collateral damage.
The EU’s technocratic elite is reportedly losing power as right-wing sovereigntist parties rise in various European countries, potentially preventing a war with Russia through diplomacy.
Russia and China are described as capitalist nations with billionaires and private property, contradicting the narrative of them being communist threats.
Pelosi’s Taiwan visit is characterized as a deliberate provocation, overthrowing a longstanding settlement and making war with China over Taiwan seemingly inevitable.
Armstrong predicts that Europe will stab the US in the back by wanting war, citing Zelensky’s claim about the Constitution forbidding giving up territory despite significant casualties.
Triple-digit silver prices are expected once the price breaks above $50, driven by short position holders covering their “horrific losses”.
Silver’s supply-demand fundamentals are extremely bullish, with demand exceeding supply by 100-200 million ounces for the fifth consecutive year.
Large commercial traders (mostly bullion banks) have been suppressing silver prices for “three or four generations”, but their short covering will eventually lead to skyrocketing prices.
China’s massive purchases of silver concentrate directly from miners, especially in South America, aim to starve US smelters of product and increase their own silver imports.
The silver mining sector is outperforming, with SIL and SJ ETFs up around 60% year-to-date, indicating big money quietly buying shares in anticipation of higher prices.
Billionaire David Baitman is standing for delivery of massive amounts of physical silver, believing in triple-digit silver prices due to supply-demand fundamentals and short covering.
The current gold-silver ratio of 89:1 is expected to revert to historical norms of 10:1 or 20:1, potentially leading to silver prices of $250/oz.
Central banks have been buying gold and silver for the last 3 years, signaling a potential end to the 50+ year price management scheme.
The global fiat currency system, in place since 1971, is on its “very last legs” according to Ed Steer, with China and Russia quietly accumulating gold.
Governments control education, deliberately avoiding teaching about the gold standard, potentially leaving 99% of the population unprepared for a financial reset.
Porter Stansberry forecasts a 75% market correction with stocks trading at 7-8 times earnings if 10-year Treasury yields reach 7-8%, signaling a major repricing of risk assets.
The US government faces bankruptcy with $37 trillion debt, $2 trillion fiscal deficit, and $100 trillion in debt and Social Security obligations over 15-20 years.
The Social Security “Ponzi scheme” is predicted to collapse in 4-6 years, potentially triggering civil unrest as the public realizes decades of government deception.
Automatic Social Security increases (COLA) mandated by law will accelerate trust fund insolvency as inflation rises, making it unaffordable within 2-3 years.
Gold mining stocks and streaming companies like Franco Nevada are recommended as hedges against dollar collapse and inflation.
Great businesses such as Hershey and Coca-Cola are considered the best inflation hedges, providing stability regardless of market conditions.
Insurance companies like WR Berkeley offer a way to invest in bonds without duration risk, providing safe income amid high inflation and government deficits.
Gold is not yet a crowded trade, presenting a compelling opportunity for portfolio diversification.
Assessing gold miners’ cost control and deposit quality is crucial for evaluating their potential in an inflationary environment.
A potential global flight from Treasuries, similar to the London gilt market crisis, could occur if US fiscal problems intensify and inflation remains elevated.
The housing correction is already underway but expected to worsen over the next 18 months, potentially surpassing the Global Financial Crisis impact.
New home prices ($400,000 median) are consistently below existing home prices ($435,000 median), signaling future market declines.
Resort towns like Las Vegas are experiencing significant price drops and inventory buildup, serving as bellwethers for the broader housing market.
The aging Boomer generation is offloading multiple properties, with 15.6 million Boomers expected to exit the housing market between 2025-2035.
Household sizes are increasing due to affordability issues, with 30-year-old married homeowners declining from 50% in 1950 to 13% currently.
FHA borrowers are showing weakness since June 2023, with those taking partial claims 5-7 times more likely to become delinquent.
40% of FHA borrowers have student loans, with over 10% of student loans in delinquency, potentially leading to a surge in foreclosures.
Non-bank lenders like Rocket Mortgage face liquidity issues due to higher refinancing rates and constrained consumer choices.
Investor purchases of single-family homes contribute significantly to ownership imbalance, with a small number of investors owning many properties.
The government’s distortion of the housing market through generous FHA lending is diminishing, potentially leading to a surge in inventory.
Limiting foreign investors and large institutions from buying single-family homes could help address affordability issues.
The government should not subsidize housing investments through FHA loans due to widespread occupancy fraud.
The K-shaped economy concentrating wealth among the wealthy who invest in housing could lead to an aristocratic landlord class, exacerbating the affordability crisis.
Social Security’s trust fund is projected to deplete in 7 years, with a loss of nearly $3 trillion in 12 years under both political parties, as government debt replaced with IOUs runs out.
The Congressional Budget Office estimates Social Security deficits of $6.3 trillion in the first 10 years post-bankruptcy, doubling every decade thereafter, on top of regular deficits of about $2 trillion annually.
To stabilize a bankrupt Social Security, options include a 20% benefit cut, increasing taxes to apply 15% Social Security and Medicare taxes on all income, or raising the retirement age.
If Social Security were managed like a 401k, allowing investment and keeping it from political interference, returns could quadruple, potentially resulting in an $18 trillion surplus and nearly $1 million per American household if implemented since the 1930s.
The likely outcome of Social Security bankruptcy is tens of trillions in debt, forcing the Federal Reserve into permanent inflation to manage the financial burden.
The US-China trade war is a battle for global hegemony, with the US trying to maintain dominance while China aims to rise on the world stage, resulting in a mutually symbiotic relationship.
A surge in reshoring efforts has seen companies like GE, Intel, Apple, Toyota, and Samsung announce plans to bring manufacturing back to the US, creating new jobs and reversing the flow of capital and labor.
Despite initial concerns, tariffs have not led to price increases for many imported goods, with Chinese automakers absorbing the costs to maintain market share.
The US Congressional Budget Office projects that Trump’s tariffs will generate over $3.3 trillion in revenue over the next decade, potentially helping to reduce the deficit.
The EU has agreed to Trump’s terms, implementing tariffs of 15% on most goods and 50% on steel and aluminum, while the UK has set 10% tariffs on most goods and 25% on autos.
Canada, led by Mark Carney, negotiated a deal including 35% tariffs on non-USMCA goods and 10% on energy and potash, despite initial resistance.
Trump’s tariff policy is a key part of his national security and geopolitical strategy, aimed at achieving domestic and global goals beyond pure economic impact.
The US has secured significant trade deals with countries like the UAE, Qatar, and Saudi Arabia, committing to $1.4 trillion in US investments, strengthening Trump’s position in the trade war.
The UK is a “powder keg” of social tensions, with researchers warning of potential unrest reignition unless urgent action addresses polarization and division.
The British government and media are engaged in a campaign to silence online voices and censor information, attempting to control the narrative and limit communication between ordinary people.
The UK’s economic decline is attributed to the AI revolution, leading to job losses and necessitating either radical systemic change or continued cultural destruction and disempowerment of indigenous populations.
The COVID-19 pandemic exposed how easily freedoms can be suspended, with its fallout now erupting in the streets through economic decline, political betrayal, and manipulated division.
Free speech is identified as the central issue in the UK, with its absence exacerbating polarizing issues like migration and Palestine, making it impossible for people to live freely.
The UK is in a state of “despair and decline”, with successive governments failing to take sustained proactive measures to address social cohesion, leading to a “doom loop” of inaction, crisis, and piecemeal response.
The UK is witnessing “unprecedented and terrifying” authoritarianism, including centralized power, digital ID, bank account freezing, and medication mandates, veiled by bureaucratic pedantry.
Recent protests for and against Palestine continue to cause division, with protesting in favor of a Palestinian state being made illegal, leading to absurd forms of protest and arrests.
Metalla’s Q2 2025 royalty revenue surged 208% YoY to $2.7M, driven by 840 attributable gold equivalent ounces at ~$3,289/oz.
The company’s adjusted EBITDA increased significantly to $1.5M in Q2 2025 from $200,000 in the prior year, with Endeavor Mine achieving cost targets in its first full production month.
Endeavor Mine restart, Amalgamated Kirkland ramp-up, and La Parrilla restart are expected to drive substantial near-term growth in the next 12-18 months.
2026-2027 is anticipated to be a major catalyst period with the Cotay royalty and Goslin integration coming online.
Metalla aims to reach $100M+ in annual revenue by decade’s end, focusing on larger, cash-flowing acquisitions using its credit facility and equity while prioritizing reduced dilution and accretive transactions.
The company’s portfolio includes a 5% royalty on 2M+ ounces of gold at Equinox Gold’s Castle Mountain, expected to be permitted by end of 2026 and produce 200-240k oz/year of gold.
Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.