Top Three Videos – July 31, 2023

Quick Summary Bullets:

Systemic Collapse and Financial Implosion

• “As a contributor to the gold Anti-Trust action committee, Bill Holter’s commentaries since 2007 shed light on the manipulation of gold prices, revealing the importance of understanding market dynamics.”
• The deliberate plan of the FED to raise rates and put stress on the system suggests a potential takedown of the financial system.
• The entire financial system is at risk of imploding, leading to the disappearance of the banking system and pensions due to the overwhelming amount of debt and bonds.
• To prepare for the potential collapse of the system, it is important to get out of the system and become self-reliant.
• “You have to prepare as if all networks that you rely on will be disabled for a while.”
• “The world is going through a bankruptcy and when all is said and done we’re going to look back and say holy cow governments went bankrupt and took the value of currencies with the bankruptcy of the governments.”
• Holding silver and gold can be reframed as undermining the banking system, potentially leading to negative consequences.
• The rise of entities like BlackRock accumulating vast amounts of resources and becoming parastatal entities of control and power highlights the need for individuals to understand and question the influence of such organizations in the global financial system.
• The U.S. treasury’s increasing debt service raises the question of where they will get the trillion dollars a year from, especially during bad times when tax revenues are declining.
• The financial system may only have another three to five years before it comes apart, leading to a potential man-made reset that will ultimately fail.
• “Any projection you’ve heard of already is too low and it’s the one thing I am aggressive on and I do see the potential for four-digit silver.”

Societal Chaos and Control

• The potential collapse of the system could lead to complete chaos, depopulation, and a Mad Max scenario where it’s every man for himself.
• The collapse of banks and loss of wealth, coupled with the implementation of universal basic income, could be a strategy to control people and ensure compliance with the agenda of those in power.
• The collapse of the standard of living in the West will lead to a population that is extremely pissed off, regardless of whether they rely on the government or not.

Implications for Individual Rights and Freedoms

• The gap between morality and illegality is widening, as the push towards a technocratic communism agenda threatens the rights and freedoms of individuals.
• The Second Amendment was written to protect citizens from their own government, not just for hunting or self-protection.
• The potential future scenario where biometric scans and surveillance are used to control access to healthcare services raises concerns about privacy and the erosion of individual rights.

Transcript Summary:

• 00:00 Individuals should prepare for a financial system collapse by becoming self-reliant, protecting their capital, and having access to necessities like food and water.
  • Bill Holter is a former stock broker who has extensive experience in the markets and has been a contributor to the gold Anti-Trust action committee.
  • Interest rates have been raised continuously by the FED, causing stress on the system, banks, brokers, and derivatives, leading to the intentional takedown of the system.
  • The entire financial system will collapse, causing the banking system to disappear, pensions to vanish, and a massive increase in deficits due to interest rate payments and reduced tax revenue, leading to a proliferation of new debt.
  • The financial system is bankrupt, with rising interest rates causing bond prices to drop and the foundation of the entire system to weaken, so people should prepare by getting out of the system and becoming self-reliant.
  • During a financial system breakdown, there will be a period of time where credit is unavailable, causing essential services to cease functioning, so individuals need to be prepared to be self-reliant, including having access to necessities like food and water, and protecting their capital by removing it from the system.
  • Hold stock certificates instead of stocks and avoid keeping a large balance in the bank to protect against potential bail-ins and ensure direct access to your money.
• 07:20 Be self-reliant, prepare with physical silver coins, and consider moving to a rural area to minimize reliance on fiat currency and prepare for a potential system breakdown scenario.
  • Be self-reliant and find a community with similar values to prepare for a potential period of network disablement by testing your plan and identifying any weaknesses.
  • Blockchain is coming, but it’s important to have something other than a digital currency like gold and silver, which cannot bankrupt in a bankrupting world.
  • In a system breakdown scenario, relying on cryptocurrencies and the internet will be ineffective, and the most basic and reliable form of currency will be physical silver coins, so it is advisable to have a plan that includes moving to a rural area, minimizing reliance on fiat currency, and preparing with metals, tools, and resources for self-reliance.
  • There is a lot to discuss about preparation and stress testing for when the system breaks, as there are many holes to consider, and the speaker has previously done a lengthy interview with a highly prepared individual.
  • The lack of knowledge about the impending crisis and the concentration of populations in cities will lead to chaos, depopulation, and a Mad Max scenario, with parents desperate to feed their children, leaving behind a compliant and greatly reduced population.
  • People need to take responsibility for their own actions and decisions, as there are not enough dwellings outside of cities to accommodate a mass exodus, and the value of commercial properties has plummeted, leaving no equity and raising the question of who will bear the losses.
• 17:30 The weaponization of those left behind has led to resentment and divide, creating a divide between “us” and “them,” but individuals can protect themselves by advocating for sound money, acting with integrity, and relying on physical security measures.
  • The problem is the weaponization of those left behind, leading to resentment and divide and conquer policies, resulting in the labeling and targeting of individuals who hold silver and gold and undermine the banking system, ultimately creating a divide between “us” and “them.”
  • Holter discusses the imbalance of power in the system, where those who protect themselves and advocate for sound money are persecuted, leading to a widening gap between morality and illegality, and the fear that the military will ultimately hold the power.
  • Avoid becoming pessimistic about the future and continue to act with integrity, even though the outcome may be uncertain, and in the United States, there is some fortunate aspect to help cope with this situation.
  • The Second Amendment was written to protect the American population from their own government, and the armed population in the US will eventually resist any attempts to disarm them and cross the line of their rights.
  • Lockheed Martin’s energy weapons and other advanced technologies may pose a threat, but individuals can protect their assets by keeping them off the grid and relying on physical security measures rather than being targeted by directed energy weapons.
• 24:10 Holter suggests that there may be forces behind us that want a significantly reduced global population, highlighted by the breakdown of food and supply chains, collapsing banks, and the promotion of universal basic income, leading to a concern about a smaller population in the future, while also discussing the potential consequences of giving up personal information and the importance of protecting future generations from the manipulation and control of the system.
  • Holter suggests that there may be forces behind us that want a significantly reduced global population, highlighted by the breakdown of food and supply chains, collapsing banks, and the promotion of universal basic income, leading to a concern about a smaller population in the future.
  • Larry Fink’s BlackRock has quietly amassed significant power and resources, becoming a transnational entity that no longer needs to comply with individual governments, signaling a shift towards a new world order money system.
  • Holter discusses the potential implementation of a global tax system, the emphasis on biometric identification for asset ownership, and the tokenization of all assets on the blockchain, but notes that the success of these initiatives depends on widespread support and a functioning financial system.
  • The US treasury is accumulating a trillion dollars a year in debt service, but during a financial implosion where everything paper is worthless, confidence in a digital currency may not be easily established, especially in rural areas where people may not be willing to give up physical goods for digital tokens.
  • Holter discusses the potential consequences of giving up personal information and the importance of protecting future generations from the manipulation and control of the system.
  • Holter expresses concern that people are willingly sacrificing their privacy and convenience for new technologies, which could eventually lead to a loss of freedom and control.
• 35:02 The US is experiencing high levels of populism and doubts about the legitimacy of the 2020 election, with a potential collapse of the standard of living leading to de-dollarization and a reset between East and West in the financial system.
  • Populism in the US is currently at its highest level ever, with doubts about the legitimacy of the 2020 election due to the discrepancy between the number of registered voters and the number of votes cast.
  • Biden outperformed Obama in swing states, showing that legitimate outcomes are no longer guaranteed, but there is still a majority of people in the country who believe in America First and populism.
  • The financial system will likely stay up and running for another three to five years, but there will be two resets – one man-made that will fail, and another done by Mother Nature where true clearing prices exist, with the West failing in the reset between East and West.
  • The collapse of the standard of living in the West will lead to a population decline and anger towards the government, potentially accelerating de-dollarization and leading to a reset between East and West.
• 39:54 A digital currency backed by hard assets may be used for trade settlement between nations and eventually on the streets, but governments will likely want control; a gold standard is unlikely, but a vague association with a commodity basket is possible; beware of NFTs and forced ownership takeovers; alternative systems like the brics currency may be better behaved; the new system offers initial improvements but is still not true money and will eventually revert to old habits; gold and silver prices will increase significantly, potentially reaching four-digit and even ten thousand levels, but this will not be the same dollar as before.
  • Holter predicts that a digital currency backed by hard assets, similar to the Euro, will be used for trade settlement between nations initially, and eventually a currency used in the streets, but governments will likely want to control it.
  • A gold standard is unlikely to be implemented as it would undermine the credibility of the dollar, but a more vague association with a commodity basket is possible, as history shows that convertible currencies tend to lose value.
  • Don’t let anyone put a proxy between you and your physical assets, as non-fungible tokens (NFTs) on the blockchain could lead to forced ownership takeovers and rental contracts.
  • The US has historically abused its privilege of being the world’s reserve currency, leading to the creation of alternative systems like the brics currency, which will initially be better behaved.
  • We are transitioning from one abusive system to another, but at least the new system offers some initial improvements and a cleaner slate, although it is still not true money and will eventually revert to old habits.
  • Gold and silver prices have been suppressed for decades, but once asset prices clear, the increase in purchasing power of gold and silver will far exceed expectations, with the potential for four-digit silver and gold going up to even ten thousand, but this will not be the same dollar as before.
• 49:05 Gold prices manipulated in the West, real money shifting to the East, potential reveal of Fort Knox truth leading to currency devaluation, China compensated for holding derivatives, large-scale blood gold industry in Africa.
  • Kissinger, a key figure in the new world order, is visiting China and likely discussing future plans, prompting the speaker to present various scenarios for consideration.
  • Gold prices have historically been manipulated in the Western trading sessions, resulting in a downward trajectory, while the Eastern trading sessions show a significant increase in value, indicating a shift of real money (metals) from the West to the East, which may eventually expose the true ownership of metals.
  • China, Russia, South Africa, India, and Italy may reveal the truth about Fort Knox, leading to a significant devaluation of currency.
  • China is potentially being compensated at a national level for holding derivatives, resulting in a wealth transfer from the West to the East.
  • China has a significant amount of gold, making them the largest holder in the world, and if they were to reveal their gold holdings, it would expose the Western Nations’ lack of gold.
  • There is a large-scale blood gold industry in Africa, particularly in Zimbabwe, where children are involved in dangerous and unofficial mining operations, with the majority of the gold being smuggled to China through a Dubai refinery.
• 56:31 The US national debt and the amount of gold it claims to have are questionable, as the gold would have to be valued at a couple hundred thousand dollars per ounce to cover the debt; new money creation is necessary to balance debt and trade deficits; the contradictory approach of tightening monetary policy while increasing liquidity is needed to prevent the collapse of the Ponzi scheme; the US running huge deficits guarantees a recession year; GDP is a fake number for measuring sustainable work.
  • Holter discusses the relationship between the US national debt and the amount of gold the US claims to have, noting that if the gold were divided into the debt, it would have to be valued at a couple hundred thousand dollars per ounce, but questions whether the US actually has the gold and mentions that the debt Clock website no longer reports the gold to debt ratio and the silver to debt ratio.
  • Holter discusses the discrepancy between official data on money supply and the analysis of Shadow stats, suggesting that new money creation is occurring and is necessary to balance debt and trade deficits.
  • Holter discusses the contradictory approach of tightening monetary policy while simultaneously increasing liquidity, highlighting the need to maintain money supply to prevent the collapse of the Ponzi scheme.
  • The recent period of contraction and undershoots in various economic indicators has led to a redefinition of recessions and a cautious approach by the Federal Reserve.
  • The US has been running huge deficits year after year, and if they ever ran a balanced budget, it would guarantee a recession year because the deficit money circulates into the economy and is part of GDP, showing that GDP is a fake number for measuring sustainable work.
  • To engage with Bill Holter and learn more about his views on the world and what actions to take, visit his website or contact him directly through his business email.