If Derivatives Blow Up, Everything Will Go Under | Bill Holter
Liberty and Finance, Released on 9/9/22 (Recorded on 9/8/22)
If the derivative bubble collapses, then everything on the planet goes under, says Bill Holter, contributor at JSMineset. "Everything runs on credit," he says, "In a complete financial collapse - which is where we are headed - credit will not be available." His message to everyone is: "You need to become as independent and self-sufficient as you can."
0:00 Intro2:11 Economic environment8:49 Food crisis12:35 Derivative collapse16:38 West vs East22:00 Owning metals24:07 Bartering metals26:11 CBDCs & silver30:34 Gold nationalization32:40 Mining shares35:50 American coins38:26 Favorite liquor38:44 JSMineset
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.
If Derivatives Blow Up, Everything Will Go Under | Bill Holter added by Herman James on 09/10/2022View all posts by Herman James ?+'