"We Track the Financial Collapse For You, so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Safeguard your financial future. Get our crucial, daily updates.

"We Track the Financial Collapse For You,
so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Top Three Videos – July 18 2023

Why a Texas Gold-Backed Currency Is a Stand Against the Fed- Nomi Prins
Stansberry Research

Texas proposing a gold-backed digital currency could challenge the authority of the Federal Reserve and create a more equal global trade system.

Quick Summary Bullets:

Key insights

  • The potential and possible peril of AI has captured the world’s attention, with predictions of job displacement and trillions of dollars in new wealth.
  • “Our growth has already slowed down, so I think the FED is going to have to reduce rates sometime next year.”
  • The banks are still teetering on the edge of not having enough capital to meet deposit runs, highlighting the fragility of the current financial system.
  • “The reason they are like throwing us off the scent…is that we had a financial crisis in 2008 2009. That’s where Bitcoin effectively came to be. We don’t want a Fed based currency situation and the FED is saying on the one hand hey that’s not us and on the other hand we got to be in control of it.”
  • The BRICS countries are planning to introduce a gold-backed trading currency, posing a potential threat to the dominance of the US dollar.
  • The idea of a gold-backed currency is seen as a way to dilute the power of the US dollar and create a more level playing field for countries in global trade.
  • The potential creation of a gold-backed digital currency in Texas is a game changer in the world of money and real assets.
  • Texas is taking a stand against the power of the Federal Reserve by introducing a gold-backed currency, ensuring the security of the currency with a reserve amount of gold.

Transcript Summary:

  • 00:00 Prins questions the accuracy of the Federal Reserve’s handling of inflation data and suggests that replacing the Fed with AI could lead to better understanding, while also discussing the insignificance of the Fed’s actions on inflation.
    • The potential and risks of AI have captured global attention, with predictions of job loss and trillions in new wealth, leading to a race to commercialize AI for profits, as Wall Street legends Mark Chaikin and Dr David ifrig team up to discuss the impact of AI on money and wealth growth.
    • Mark and Doc will go live on Wednesday July 19th with all the critical details, so make sure you’re on their list for updates.
    • Prins questions the accuracy and transparency of the Federal Reserve’s handling of inflation data and suggests that replacing the Fed with artificial intelligence could lead to better understanding and processing of information.
    • She discusses how the incremental monthly numbers indicate inflation coming down and that any additional 25 basis point movements by the Fed will not change anything, as inflation will do what it will do regardless.
  • 04:23 The Federal Reserve’s actions and focus on inflation are unnecessary and investors should not be concerned about potential rate hikes, as they are unlikely to have a significant impact on the cost of money.
    • The Federal Reserve’s actions and focus on inflation are arbitrary and unnecessary, as employment numbers have returned to pre-pandemic levels, and there are conflicting interpretations of what will happen next.
    • Ignore the Federal Reserve’s actions as an investor because they will not affect the quality or performance of investments, and understand that the Fed has paused and there may be incremental adjustments in the future.
    • Investors should not be concerned about potential rate hikes as they are unlikely to have a significant impact on the cost of money, and the next rate change is expected to be a downward revision in 2024.
    • The speaker discusses the potential for a prolonged economic slowdown and the need for the Federal Reserve to reduce rates, as well as plans to increase capital requirements for banks.
  • 08:11 Texas creating a gold-backed currency faced criticism, while the Federal Reserve reported that many major banks are insolvent; banks are struggling to meet deposit demands while the Fed holds over a trillion dollars, and they are requesting help to avoid future money creation, but the Fed still has a significant amount of money in the banking system; a digital payment system is necessary for establishing a digital currency to ensure quick and traceable transactions.
    • The move by Texas to create a gold-backed currency was met with criticism, and the Federal Reserve’s recent report stated that 722 major banks in the country are technically insolvent.
    • Banks are struggling to meet deposit demands while the Federal Reserve holds over a trillion dollars available to the largest banks in the country.
    • Banks are requesting help from the Federal Reserve to avoid looking foolish when they have to create money in the future, but the Fed still has a significant amount of money in the banking system that it is not asking for back.
    • To establish a digital currency, a digital payment system is necessary to create a quick and traceable transaction history, which is crucial for analyzing payment behaviors and ensuring financial efficiency.
  • 11:49 Prins questions the Federal Reserve’s hesitation towards a Texas gold-backed currency, suggesting dishonesty, and highlights the importance of the Fed’s involvement in developing central bank digital currencies to maintain control over money.
    • Prins questions why the Federal Reserve is hesitant about a Texas gold-backed currency and suggests they have been dishonest about the backing of the system.
    • She discusses how central banks, including the Federal Reserve, are considering the development of central bank digital currencies (CBDCs) in response to competition from cryptocurrencies like Bitcoin, and emphasizes the importance of the Fed’s involvement in order to maintain control over money.
  • 14:04 Prins believes that the recent crackdown on cryptocurrency platforms is intentional, as the Federal Reserve competes with Bitcoin while trying to avoid being seen as such, and discusses the possibility of a gold-backed currency in Texas as a stand against the US dollar.
    • Prins believes that the recent crackdown on cryptocurrency platforms is intentional and that the Federal Reserve is competing with Bitcoin while also trying to avoid being seen as such.
    • She discusses the control of money and the ability to capture information through digital currency, and mentions that the BRICS countries are planning to introduce a gold-backed trading currency as a stand against the US dollar.
    • Prins discusses the possibility of a gold-backed currency in Texas and the potential timeline for its implementation, referencing a meeting in Shanghai with officials involved in the development of the BRICS bank.
  • 16:41 Texas is proposing a gold-backed digital currency to challenge the power of the Federal Reserve and create a more equal global trade system.
    • The idea of a gold-backed currency allows nations to trade effectively and dilute the power of the US dollar, creating a more equal playing field among countries.
    • The impact of a Texas gold-backed currency on the dollar is expected to be minimal and will likely not happen in our lifetimes, but there is a gradual decrease in the dollar’s influence in global trade.
    • Texas legislature has introduced bills to create a gold-backed digital currency in the state.
    • Texas is taking a stand against the power of the Federal Reserve by proposing a gold-backed digital currency that would be accepted for state payments and would require a reserve amount of gold to secure the currency.
    • Texas is considering creating its own gold-backed currency, which could have significant implications for taxes and gold prices in the state, as well as potentially challenging the authority of the Federal Reserve.
  • 21:07 A bill in Texas gaining support for a gold-backed currency could challenge the Federal Reserve’s authority, while Florida has chosen not to accept digital currencies for state payments.
    • A bill in Texas to introduce a gold-backed currency has gained support and could potentially challenge the Federal Reserve’s authority to issue a digital currency.
    • Texas has the power to allow the use of a digital currency backed by gold, while Florida has decided not to accept digital currencies for state payments.
  • 23:03 A Texas gold-backed currency would limit the use of a central bank digital currency for state payments, but wouldn’t have jurisdiction over federal or state-to-state transactions.

Burisma emails and Biden Ukraine escalation
The Duran

There is mounting evidence linking Joe Biden and his son to Burisma and Ukraine, raising concerns about potential corruption and a conflict of interest that should be further investigated.

Quick Summary Bullets:

  • The email from the Hunter laptop suggests a conversation between a barisma executive and Hunter Biden, discussing the need for positive PR and handling “prosecutors” in Ukraine.
  • The lack of proper disclosure to the American people regarding the situation in Ukraine and the Burisma scandal is concerning and highlights the need for transparency.
  • The sensitivity of the Ukraine issue and the first impeachment raises questions about why it is so sensitive and calls for an explanation.

Transcript Summary:

  • 00:00 The Burisma emails reveal requests for positive PR and gratitude for gifts, potentially implicating Joe Biden and his involvement in the affair.
    • Hunter Biden’s involvement with Ukrainian company Burisma and his father Joe Biden’s role in firing a prosecutor are discussed, with emails from Hunter’s laptop revealing requests for positive PR and gratitude for gifts from Burisma.
    • The speaker discusses the potential implications of the Burisma emails and suggests that if similar evidence had been presented against a US official in the past, the media would have heavily covered it as a smoking gun.
    • The transcript discusses the significance of the Burisma emails as evidence that proves the case against Joe Biden and his involvement in the barisma affair, highlighting the clear connection between Hunter Biden and Joe Biden.
  • 03:57 Further inquiry should be made into Joe Biden and his son’s involvement with Burisma, as there is mounting evidence suggesting a case to answer, yet it remains unclear if anyone is asking the necessary questions.
    • The transcript discusses the significance of an email regarding Burisma and suggests that further inquiry should be made into Joe Biden and his son’s involvement, as well as the media’s lack of coverage on the matter.
    • There is mounting evidence suggesting a case to answer regarding Burisma and Biden’s involvement, but it remains unclear if anyone is asking the necessary questions.
  • 07:08 There is evidence linking the Biden family to Burisma and Ukraine, raising concerns about a potential conflict of interest, which should have been disclosed during the 2020 election.
    • Evidence has emerged that supports the speculation that there is a serious case regarding the ties between Burisma, the Biden family, and Ukraine, and it is concerning that this is not being further pursued.
    • The information connecting Biden to Ukraine and the potential escalation of conflict should have been revealed during the 2020 election due to the clear conflict of interest and the fact that the FBI already had possession of the laptop containing this information.
  • 09:41 Joe Biden’s involvement in Ukraine and his son’s plea bargain raise concerns about a conflict of interest, questioning his legitimacy as president and his ability to make decisions regarding Ukraine.
    • Joe Biden’s involvement in Ukraine and his son’s plea bargain raise concerns about a conflict of interest that calls into question the legitimacy of his position as president.
    • Biden should not be president because he delegates decisions about Ukraine to someone else due to his conflict of interest, which is a clear indication that he is unfit for the role.
    • The president’s obsession with Ukraine and neglect of other issues may be explained by his animosity towards the country, and the lack of disclosure to the American people raises questions about hidden motives, while the conflict in Ukraine involves the collective West.
  • 12:55 No world leader questions the potential corruption involving Hunter Biden and Burisma, despite the impact it may have on their own countries and Europe as a whole.
  • 14:28 European media is ignoring verified emails about Burisma and Biden’s involvement in Ukraine, and there is a lack of discussion and questioning about the escalating situation, with European leaders afraid to ask Biden important questions.
    • The media in Europe is not covering the verified emails about Burisma and Biden’s involvement in Ukraine, and there is a lack of discussion and questioning about the motivations behind the escalating situation.
    • Biden’s bad temper and bullying behavior make European leaders afraid to ask him important questions, and if he has an explanation for the Burisma emails, he should provide it.
  • 16:28 President Biden should address the Burisma emails and his involvement with Ukraine, as it is a significant issue that could be addressed through a press conference or special counsel appointment, while the speaker suggests that Trump’s investigation into Ukraine threatened the neocons’ plan to provoke conflict with Russia, leading to his impeachment.
    • President Biden owes an explanation to the American people and the world regarding the Burisma emails and his involvement with Ukraine, as it is a significant issue that should be addressed through a press conference or a special counsel appointment.
    • The speaker suggests that the neocons were upset with Trump’s investigation into Ukraine because it threatened their plan to use Ukraine as a means to provoke conflict with Russia, leading to Trump’s impeachment.
  • 19:20 The speaker discusses the Burisma emails and the escalation of Biden’s involvement in Ukraine.

Vince Lanci: What The Silver Vault Levels Are Telling Us
Arcadia Economics

Pay attention to silver vault levels and monitor the flow of inventory, as well as the use of silver in solid state batteries, to gauge the potential bullishness of silver in the future

Quick Summary Bullets:

  • “Now the Vault matters and it still matters…you need to pay attention to that.”
  • Scientists have discovered that running a current through common minerals with molecules of silver creates a unique state where the minerals act as both a solid and a liquid, potentially leading to the development of solid-state batteries.
  • The movement of silver molecules in solid state batteries is compared to ball bearings freely moving back and forth within a shallow well, which could have bullish implications for silver in the future.
  • The concept of a material that exists between both the liquid and solid state, like a complex lattice, is surprising and intriguing.
  • The concept of stock and flow is important in understanding the dynamics of silver and gold markets, as well as other areas such as economics and warfare.
  • It is crucial to pay attention to the stability of the Silver Vault levels, as fluctuations within a range of plus or minus three million ounces can indicate potential market trends.
  • The silver squeeze in 2020 highlighted the need to pay attention to the depletion of silver and consider it as a flow model, emphasizing its importance beyond just being a precious metal.
  • Understanding the flow of metal in and out of the vault is crucial for analyzing the silver market.

Transcript Summary:

  • 00:00 Pay attention to silver vault levels and don’t expect silver to go to zero; Toyota’s breakthrough in solid state batteries, which contain silver molecules, suggests potential bullishness for silver in the future.
    • Pay attention to the Vault levels and don’t hope for silver to go to zero.
    • Toyota has made a breakthrough in solid state batteries, which are more energy dense and less prone to catching fire, and while not made of silver, they contain molecules of silver that serve as carriers of electrical current.
    • Toyota may be using minerals that contain silver molecules that can move back and forth like a pinball machine when a current is run through them, creating a solid-state battery.
    • Solid state batteries have the advantage of being more compact, but liquid batteries have less wear and tear; a recent study describes the movement of silver molecules within a mineral as a shallow well, suggesting potential bullishness for silver in the future.
  • 04:27 The increasing price of silver may be attributed to its use in solid state batteries and ceramic solid electrolytes, while home batteries using this technology are expected to be available by 2025.
    • Silver is being used in solid state batteries as a lattice system and researchers are also exploring the use of ceramic solid electrolytes with silver, which could explain why the price of silver is increasing.
    • Home batteries, specifically Lithia Meyer’s prototype cells and pilot line, are expected to be available by 2025, with Toyota likely working on a similar project.
  • 06:49 Changes in silver vault levels are crucial to monitor as they reflect the intricate dynamics of supply, demand, import, export, and other factors in the silver market.
    • Changes in silver vault levels are important to monitor as they indicate the complex status of supply, demand, import, export, and other factors in the silver market.
    • Silver is considered a stock model because it is always there, unlike flow models such as troops and wars or QE.
  • 09:00 Pay attention to silver vault levels and monitor the moving average to gauge asset stability; when silver starts depleting, view it as a flow model, especially when used industrially, and focus on high to low levels indicating supply and demand flow in the market.
    • Lanci emphasizes the importance of paying attention to the silver vault levels and suggests monitoring the moving average of the vault to gauge the stability of the asset.
    • When silver starts to deplete, it should be viewed as a flow model rather than a stock model, especially when it is used industrially.
    • The amount of silver in the vault is not as important when it is low, but rather when it is high and going to low, as it indicates the flow of supply and demand in the market.
  • 11:56 The flow of inventory in the silver vault is important to monitor, as unallocated metal could indicate a problem for the comics, while the vault serves as both storage and certification for easier buying and selling of silver.
    • Watch the flow of inventory by observing the front door or driveway for new deliveries, while being aware of any unallocated guests.
    • The metal in the comments is spoken for, and if it’s not, then there is a big problem for the comics.
    • The silver vault serves two purposes: storage and certification, making it easier to buy and sell silver and ensuring its acceptability worldwide.
  • 14:58 CTAs and momentum funds buying silver have caused a spike in open interest, suggesting a potential upward trend, but it is uncertain if bigger funds are buying or selling, so it is advised to trade silver rather than being committed to it.
    • Lanci  discusses the inflow and outflow of silver in the vault, emphasizing the importance of knowing where the silver is coming from and where it is going, and mentions the spike in open interest in the market.
    • There is a seasonality in Precious Metals that revolves around the time of year and the actions of the Fed, with buying silver, copper, and stocks when the Fed eases and selling them when the Fed tightens, as shown by the charts and the actions of the ctas.
    • CTAs and momentum funds buying silver has caused a spike in open interest, indicating a potential upward trend, but it is uncertain if bigger funds are buying or selling, so it is advised to trade silver rather than being committed to it.
  • 18:19 Based on chart analysis, the speaker suggests being bullish on the market and buying when it settles below certain levels repeatedly bought by big money, with a potential run up to $30 expected if it settles where it is now or higher.
    • Lanci suggests that based on the chart analysis, one should be bullish on the market and consider buying when the market settles in or below certain levels that have been repeatedly bought by big money.
    • If the market settles below a certain level, the speaker is not long, if it settles inside that level, the speaker is long and nervous, and if it settles where it is now or higher, the speaker treats it as a bull flag and expects a potential run up to $30.
    • Silver is expected to become more volatile, and the speaker thanks Vince for sharing his perspective on the silver fix report.
  • 21:22 First Majestic’s first quarter production numbers showed 2.5 million ounces of silver and 60,594 ounces of gold, with the shutdown of Jared Canyon potentially impacting earnings, but a higher silver price in the second quarter could benefit the company.

Contact Us

Send Us Your Video Links

Send us a message.
We value your feedback,
questions and advice.



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.

This field is for validation purposes and should be left unchanged.