Bill Holter: This Is The End Of The System; You're On Your Own
Liberty and Finance, Released on 10/26/22 (Recorded on 10/25/22)
Demand for physical metal has been extreme, almost completely wiping out wholesalers and depleting the major exchanges' reserves. "I would be surprised if there is metal available for fiat [currency] by the end of the year," says Bill Holter, contributor at JSMineSet. He believes a major economic crisis is ahead. The coming crisis is not a cyclical event, he notes. "This is the end of the system as we knew it."
0:00 Intro2:23 American bullion5:36 Moving to metals8:11 Preparedness14:29 Credit crisis20:15 Metals draining25:43 JSMineSet29:29 Miles Franklin
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair's Mineset in 2015.
Bill Holter: This Is The End Of The System; You're On Your Own added by Herman James on 10/26/2022View all posts by Herman James ?+'