WEBVTT 00:00:00.000 --> 00:00:02.180 All right, everybody, welcome back to the deep 00:00:02.180 --> 00:00:05.080 dive. Today we're diving straight into the deep 00:00:05.080 --> 00:00:07.879 end of the pool with something that I know a 00:00:07.879 --> 00:00:09.800 lot of our listeners are going to be interested 00:00:09.800 --> 00:00:12.640 in, particularly those that have been following 00:00:12.640 --> 00:00:15.660 along for a while. And that's this recent action 00:00:15.660 --> 00:00:17.660 we've been seeing with gold and silver prices. 00:00:17.719 --> 00:00:21.789 Absolutely. all over the headlines and it's hard 00:00:21.789 --> 00:00:26.309 to miss. We figured we'd kind of take a little 00:00:26.309 --> 00:00:29.129 bit deeper of a dive into it today and also look 00:00:29.129 --> 00:00:31.750 at the idea that's kind of been floating around 00:00:31.750 --> 00:00:34.530 out there for years about this potential price 00:00:34.530 --> 00:00:36.869 suppression when it comes to gold and silver. 00:00:39.109 --> 00:00:41.829 You flagged a really interesting article for 00:00:41.829 --> 00:00:45.270 us. It's titled, Gold and Silver Break Free. 00:00:45.549 --> 00:00:48.250 The End of Suppression. Pretty catchy title. 00:00:49.130 --> 00:00:52.810 And this was published just recently, March 14th, 00:00:52.869 --> 00:00:55.969 2025. So we're trying to stay on top of things 00:00:55.969 --> 00:00:58.549 here on The Deep Drive. As always. So our goal 00:00:58.549 --> 00:01:03.359 today is really to get... Beyond just the headlines, 00:01:03.679 --> 00:01:05.439 you know, we want to really get into the historical 00:01:05.439 --> 00:01:07.519 context of what's been going on with absolutely 00:01:07.519 --> 00:01:09.719 silver Understand what's actually happening right 00:01:09.719 --> 00:01:13.200 now? And also take a look at what this article, 00:01:13.319 --> 00:01:16.239 you know suggests might be coming up on the horizon 00:01:16.239 --> 00:01:18.260 for these precious metals Yeah, I think a key 00:01:18.260 --> 00:01:21.900 thing today is to try and you know Look, we could 00:01:21.900 --> 00:01:24.260 talk about this for hours and hours. Oh, yeah 00:01:24.260 --> 00:01:25.959 and get really bogged down in all the details, 00:01:25.959 --> 00:01:29.980 but you know As always, we want to try and provide 00:01:29.980 --> 00:01:32.840 that clarity without, you know, overwhelming 00:01:32.840 --> 00:01:35.799 everybody with too much. Yeah, and there's a 00:01:35.799 --> 00:01:37.640 ton of information out there and we just want 00:01:37.640 --> 00:01:40.859 to try and cut to the chase. Exactly. Okay, so 00:01:40.859 --> 00:01:45.640 let's jump right in. The article kicks off by 00:01:45.640 --> 00:01:47.260 taking a look back and the first thing that caught 00:01:47.260 --> 00:01:50.180 my eye was this thing called the London Gold 00:01:50.180 --> 00:01:54.120 Pool back in the 1960s. Right. And this was something, 00:01:54.200 --> 00:01:56.260 I'll admit, you know, I had heard about it before, 00:01:56.280 --> 00:01:58.799 but I never really understood exactly what it 00:01:58.799 --> 00:02:00.959 was. So for those of you out there who maybe 00:02:00.959 --> 00:02:03.260 haven't heard about the London Gold Pool or don't 00:02:03.260 --> 00:02:05.200 really have a grasp on it, can you just give 00:02:05.200 --> 00:02:07.879 us a quick overview of what exactly the idea 00:02:07.879 --> 00:02:10.919 was there? Yeah. So the London Gold Pool essentially 00:02:10.919 --> 00:02:15.139 was a cooperative effort by a group of central 00:02:15.139 --> 00:02:19.719 banks. OK. And the idea was they were trying 00:02:19.719 --> 00:02:24.780 to fix the price of gold. at $35 an ounce. Wow. 00:02:25.740 --> 00:02:29.659 So can you imagine? Yeah, back then. That's crazy. 00:02:29.699 --> 00:02:32.020 Yeah. It is crazy when you think about what gold's 00:02:32.020 --> 00:02:34.900 trading at now. Yeah. So how are they trying 00:02:34.900 --> 00:02:37.699 to pull that off? So they did this by pooling 00:02:37.699 --> 00:02:41.919 their gold reserves. OK. And then. Basically, 00:02:42.060 --> 00:02:44.580 they would actively intervene in the market by 00:02:44.580 --> 00:02:47.340 either buying or selling gold to keep it at that 00:02:47.340 --> 00:02:50.580 $35 level. So almost like trying to just put 00:02:50.580 --> 00:02:52.840 a ceiling on it. A lid on it, yeah. Trying to 00:02:52.840 --> 00:02:55.819 keep it contained. So it sounds to me like you're 00:02:55.819 --> 00:02:59.159 almost trying to hold back something really powerful 00:02:59.159 --> 00:03:02.520 with that. A powerful force, exactly. And so 00:03:02.520 --> 00:03:04.280 what ultimately happened with that? I mean, you 00:03:04.280 --> 00:03:05.879 can't just hold back the tide forever, right? 00:03:05.879 --> 00:03:07.419 You can't hold back the tide forever, and that's 00:03:07.419 --> 00:03:13.939 exactly right. as you can imagine, this demand 00:03:13.939 --> 00:03:18.520 for gold, particularly at that time, there was 00:03:18.520 --> 00:03:23.939 a lot of concerns about the US dollar. And as 00:03:23.939 --> 00:03:26.460 faith in the dollar started to waver, that put 00:03:26.460 --> 00:03:29.020 a lot of pressure on gold. So they were having 00:03:29.020 --> 00:03:32.680 to use more and more of their reserves to try 00:03:32.680 --> 00:03:35.599 and keep it at that level. And eventually it 00:03:35.599 --> 00:03:39.020 just became too much. And in 1968, the whole 00:03:39.020 --> 00:03:42.060 thing collapsed. Wow. So it couldn't be sustained. 00:03:42.139 --> 00:03:43.919 They couldn't hold it back. They couldn't hold 00:03:43.919 --> 00:03:46.759 it back. And that kind of shows you that, you 00:03:46.759 --> 00:03:48.439 know, you can try and manipulate things, but 00:03:48.439 --> 00:03:51.039 ultimately, the market's going to do what it's 00:03:51.039 --> 00:03:52.860 going to do. I think that's a really interesting 00:03:52.860 --> 00:03:55.900 takeaway from this historical example, because 00:03:55.900 --> 00:04:00.219 it shows you that, you know, markets, and we 00:04:00.219 --> 00:04:02.159 talk about supply and demand. Right. You know, 00:04:02.159 --> 00:04:04.360 it's not just a theory. Like, actually, when 00:04:04.360 --> 00:04:08.409 you try and, you know, sort of put artificial 00:04:08.409 --> 00:04:11.530 controls in place, ultimately. Supply and demand. 00:04:11.629 --> 00:04:14.289 Supply and demand went out. Went out. Yeah. And 00:04:14.289 --> 00:04:16.509 what happened after the gold pool collapsed was 00:04:16.509 --> 00:04:18.910 really interesting, because as you can imagine, 00:04:19.970 --> 00:04:23.009 once that control mechanism's gone, the price 00:04:23.009 --> 00:04:27.189 just exploded. So by January 1980, gold had reached 00:04:27.189 --> 00:04:31.689 something like $850 an ounce. Oh, wow. So it's 00:04:31.689 --> 00:04:34.810 this huge... Yeah, it's a big... Percentage increase 00:04:34.810 --> 00:04:37.750 in a relatively short period of time. Yeah, huge 00:04:37.750 --> 00:04:40.290 move. Huge move. Okay. So it kind of shows you 00:04:40.290 --> 00:04:42.490 what can happen when these kind of mechanisms 00:04:42.490 --> 00:04:46.129 break down. Yeah. Okay, so fast forward quite 00:04:46.129 --> 00:04:49.370 a few years. The article brings up these allegations 00:04:49.370 --> 00:04:52.329 by Andrew McGuire back in 2010. Right. And this 00:04:52.329 --> 00:04:54.319 is something that... a lot of our listeners, 00:04:54.579 --> 00:04:58.600 I think, will remember. And it seems much more 00:04:58.600 --> 00:05:02.139 recent. It seems more relevant to the whole discussion 00:05:02.139 --> 00:05:05.060 of potential suppression that's going on. Exactly. 00:05:05.199 --> 00:05:08.740 So what exactly did McGuire claim was happening 00:05:08.740 --> 00:05:13.060 back then? So McGuire, he'd been working as a 00:05:13.060 --> 00:05:17.850 commodities trader. OK. And he... basically came 00:05:17.850 --> 00:05:20.949 forward very publicly and made some really serious 00:05:20.949 --> 00:05:24.269 allegations of manipulation in the gold and silver 00:05:24.269 --> 00:05:26.949 markets. His main point was that - What did he 00:05:26.949 --> 00:05:28.709 say they were doing specifically? He was saying 00:05:28.709 --> 00:05:33.209 that major banks were using these huge quantities 00:05:33.209 --> 00:05:37.170 of paper contracts. So things like futures and 00:05:37.170 --> 00:05:41.970 options to artificially depress the price of 00:05:41.970 --> 00:05:44.199 physical gold and silver. So instead of reflecting 00:05:44.199 --> 00:05:46.339 true supply and demand, they were just... Exactly. 00:05:46.360 --> 00:05:48.699 He was saying this is not about genuine hedging. 00:05:48.759 --> 00:05:51.199 Right. You know, this is about basically keeping 00:05:51.199 --> 00:05:54.160 the price artificially low so that they could 00:05:54.160 --> 00:05:56.500 profit from that. OK. And so this all led to 00:05:56.500 --> 00:05:59.920 a CFTC investigation, right? It did. The Commodity 00:05:59.920 --> 00:06:02.040 Futures Trading Commission. Right. They launched 00:06:02.040 --> 00:06:05.060 an investigation. And what came of that? I mean, 00:06:05.079 --> 00:06:06.819 obviously, these things are kind of complex, 00:06:06.959 --> 00:06:08.620 right? They are complex. And, you know, often 00:06:08.620 --> 00:06:11.040 you don't get a huge amount of transparency on 00:06:11.040 --> 00:06:13.600 these investigations. Yeah. You know, what we 00:06:13.600 --> 00:06:16.680 have seen is that financial institutions have 00:06:16.680 --> 00:06:20.019 faced penalties for manipulating commodity markets 00:06:20.019 --> 00:06:23.920 in the past. OK. But not necessarily directly 00:06:23.920 --> 00:06:27.579 admitting to, you know. You don't often see a 00:06:27.579 --> 00:06:31.199 direct admission of, you know, this kind of widespread 00:06:31.199 --> 00:06:33.939 conspiracy to suppress gold and silver prices. 00:06:33.939 --> 00:06:37.959 Right. But certainly, Maguire's allegations. 00:06:38.490 --> 00:06:41.490 I think really added fuel to the fire. Yeah, 00:06:41.670 --> 00:06:43.689 for those who already suspected that something. 00:06:44.009 --> 00:06:46.170 Exactly, for those who already had those suspicions. 00:06:46.209 --> 00:06:48.129 Was going on. Yeah. And it makes you wonder, 00:06:48.329 --> 00:06:51.410 right? Makes you question. If it's even possible 00:06:51.410 --> 00:06:55.180 to manipulate things. You know how transparent 00:06:55.180 --> 00:06:57.879 and fair are these markets? Yeah, it's a big 00:06:57.879 --> 00:07:00.060 question. Big questions. Yeah. Okay, so that 00:07:00.060 --> 00:07:02.300 gives us some really good background and historical 00:07:02.300 --> 00:07:04.800 context. Yeah. Now let's kind of shift to what's 00:07:04.800 --> 00:07:07.360 happening in the here and now. And the article 00:07:07.360 --> 00:07:10.240 mentions some pretty significant price jumps, 00:07:10.720 --> 00:07:13.779 both for gold and silver. It does. So can you 00:07:13.779 --> 00:07:15.939 kind of walk us through what we've been seeing 00:07:15.939 --> 00:07:18.319 lately in terms of the price movements? Sure. 00:07:18.759 --> 00:07:22.579 So the article says that gold recently hit an 00:07:22.579 --> 00:07:27.639 all -time high. It's broken above $2 ,900 an 00:07:27.639 --> 00:07:32.480 ounce. Wow. Yeah, that's pretty remarkable. That's 00:07:32.480 --> 00:07:35.800 a huge milestone. Yeah. And what's really interesting 00:07:35.800 --> 00:07:38.220 is that the technical analysis that they talk 00:07:38.220 --> 00:07:42.180 about suggests that once gold broke through these 00:07:42.180 --> 00:07:45.360 key resistance levels... Okay, you can kind of 00:07:45.360 --> 00:07:48.300 think of those as those price ceiling price ceilings 00:07:48.300 --> 00:07:51.000 Yeah levels that it's struggled to break above 00:07:51.000 --> 00:07:52.699 right in the past and once it breaks through 00:07:52.699 --> 00:07:54.300 that once it breaks through that There's not 00:07:54.300 --> 00:07:56.540 really a lot. Yeah, you know technically speaking. 00:07:56.660 --> 00:07:59.139 Yeah, stopping it from going even higher Wow, 00:07:59.220 --> 00:08:02.720 so potentially even beyond $3 ,000 so $3 ,000 00:08:02.720 --> 00:08:05.699 is kind of a you know, it's a big big psychological 00:08:05.699 --> 00:08:08.240 level psychological barrier Yeah, yeah. Okay. 00:08:08.279 --> 00:08:10.259 So gold's been on the move gold's been on the 00:08:10.259 --> 00:08:12.199 move and silver hasn't been slouching either. 00:08:12.439 --> 00:08:14.660 Okay It's seen some pretty big moves as well. 00:08:15.079 --> 00:08:17.939 Yeah. Yeah. So what about silver? What's been 00:08:17.939 --> 00:08:21.240 going on there? So silver's climbed above $33 00:08:21.240 --> 00:08:26.579 an ounce. OK. And the article points out that 00:08:26.579 --> 00:08:29.439 analysts are seeing a lot of upside potential 00:08:29.439 --> 00:08:32.440 for silver. So it could keep. Yeah, especially 00:08:32.440 --> 00:08:35.320 if you buy into this whole suppression area that 00:08:35.320 --> 00:08:37.639 we've been talking about. OK. Because the thinking 00:08:37.639 --> 00:08:40.840 is that silver has kind of lagged behind gold. 00:08:41.629 --> 00:08:44.210 You know, gold's had these huge moves. Right. 00:08:44.250 --> 00:08:45.950 Silver's kind of been playing catch up. So they 00:08:45.950 --> 00:08:47.909 think there's still room for silver to run. Potentially 00:08:47.909 --> 00:08:50.190 a lot of ground that it could make up. Okay. 00:08:50.210 --> 00:08:52.929 Yeah. The article also brings up this gold to 00:08:52.929 --> 00:08:56.490 silver ratio. Yeah. And it says that it's currently 00:08:56.490 --> 00:08:59.970 around 88 .9 to one. That's right. What does 00:08:59.970 --> 00:09:02.429 that number actually tell us? So the gold to 00:09:02.429 --> 00:09:05.610 silver ratio is basically saying, you know, how 00:09:05.610 --> 00:09:08.909 many ounces of silver does it take to buy one 00:09:08.909 --> 00:09:12.370 ounce of gold at the current prices? So right 00:09:12.370 --> 00:09:16.350 now, you'd need almost 89 ounces of silver to 00:09:16.350 --> 00:09:19.149 buy one ounce of gold. Now, historically, that 00:09:19.149 --> 00:09:23.190 ratio has been a lot closer to around 65 to one. 00:09:23.669 --> 00:09:25.570 So what that suggests... It's a little out of 00:09:25.570 --> 00:09:27.990 whack. It's a little out of whack, yeah. And 00:09:27.990 --> 00:09:31.950 it suggests that potentially... Silver is undervalued. 00:09:32.029 --> 00:09:35.370 Silver is undervalued relative to gold. Interesting. 00:09:35.509 --> 00:09:37.889 Based on their historical relationship. So if 00:09:37.889 --> 00:09:41.240 that historical balance were to... come back 00:09:41.240 --> 00:09:44.759 into play, then that could mean that silver has 00:09:44.759 --> 00:09:47.240 a much bigger percentage increase potentially 00:09:47.240 --> 00:09:50.000 than gold. Okay, so here's where I think things 00:09:50.000 --> 00:09:53.019 get really interesting. The article then goes 00:09:53.019 --> 00:09:55.820 on to talk about some of the real shifts that 00:09:55.820 --> 00:09:58.259 are happening within the financial system itself 00:09:58.259 --> 00:10:01.539 that might be contributing to all of this price 00:10:01.539 --> 00:10:03.700 action we've been seeing. The first thing that 00:10:03.700 --> 00:10:07.950 it mentions is this surge in demand. for physical 00:10:07.950 --> 00:10:10.330 gold. It's not just on paper anymore. It's not 00:10:10.330 --> 00:10:13.990 just people trading contracts. It's people actually 00:10:13.990 --> 00:10:15.990 wanting to hold the metal. Yeah, they want the 00:10:15.990 --> 00:10:17.690 real thing. You want the real thing. Yeah. So 00:10:17.690 --> 00:10:19.029 what do you make of that? Well, I think it's 00:10:19.029 --> 00:10:22.429 really interesting because the article highlights 00:10:22.429 --> 00:10:28.149 this big increase in investors, particularly 00:10:28.149 --> 00:10:31.669 in places like New York, big financial centers. 00:10:32.009 --> 00:10:34.889 They're actually wanting to hold physical gold. 00:10:35.389 --> 00:10:39.470 OK. So, you know, that could mean a couple of 00:10:39.470 --> 00:10:41.889 things. I mean, maybe there's a lack of trust. 00:10:42.129 --> 00:10:44.649 Yeah, a lack of trust in the system. In the system, 00:10:44.769 --> 00:10:47.070 yeah. Maybe they're just worried about what's 00:10:47.070 --> 00:10:48.870 happening in the economy and they want something 00:10:48.870 --> 00:10:51.529 tangible, something they can actually hold. Makes 00:10:51.529 --> 00:10:53.490 sense. And when people actually want to hold 00:10:53.490 --> 00:10:57.230 the physical commodity instead of just a derivative 00:10:57.230 --> 00:10:59.769 of it. That's going to put upward pressure on 00:10:59.769 --> 00:11:02.730 the price. Right. Yeah. And it's not just individual 00:11:02.730 --> 00:11:05.230 investors either, right? No, it's not. I mean, 00:11:05.309 --> 00:11:08.549 the article talks about central banks. Central 00:11:08.549 --> 00:11:10.669 banks are buying a lot of gold. They're buying 00:11:10.669 --> 00:11:13.289 a lot of gold, like a lot. Yeah. I think the 00:11:13.289 --> 00:11:15.289 article says it's one of the strongest periods 00:11:15.289 --> 00:11:18.269 of gold buying we've seen in recent history. 00:11:18.490 --> 00:11:20.250 What does that tell you? I mean, to me, that's 00:11:20.250 --> 00:11:22.549 a pretty big deal. These are the institutions 00:11:22.549 --> 00:11:25.009 that are supposed to be managing our national 00:11:25.009 --> 00:11:27.830 reserves and making sure everything's stable. 00:11:28.269 --> 00:11:30.070 And they're basically saying, you know what, 00:11:30.090 --> 00:11:33.350 we want gold. We want real assets. We want real 00:11:33.350 --> 00:11:37.190 assets. Yeah. Yeah, maybe we're not so sure about 00:11:37.190 --> 00:11:40.009 these fiat currencies anymore. Makes sense. So 00:11:40.009 --> 00:11:43.870 you've got individuals wanting to hold the actual 00:11:43.870 --> 00:11:46.870 metal. You've got central banks loading up their 00:11:46.870 --> 00:11:49.519 vaults. I mean, that seems like a pretty The 00:11:49.519 --> 00:11:51.840 shift in... Fundamental shift in demand. In demand, 00:11:52.059 --> 00:11:54.399 yeah. Yeah. It really is. Okay, so then the article 00:11:54.399 --> 00:11:57.039 goes on to talk about what some of the major 00:11:57.039 --> 00:11:59.159 financial institutions are saying about all of 00:11:59.159 --> 00:12:01.820 this, and it specifically mentions Goldman Sachs 00:12:01.820 --> 00:12:07.000 and JP Morgan. Yeah. So these are, you know... 00:12:07.000 --> 00:12:10.120 pretty influential players. They're big players 00:12:10.120 --> 00:12:12.120 in the market. Yeah, they can definitely move 00:12:12.120 --> 00:12:14.240 markets. They move markets. So what are they 00:12:14.240 --> 00:12:16.700 saying? So what's really interesting is that 00:12:16.700 --> 00:12:19.620 they've actually, you know, they've revised their 00:12:19.620 --> 00:12:22.820 outlook on gold clicks. It's bullish. Yeah, and 00:12:22.820 --> 00:12:25.139 they've increased their price targets. Wow. So 00:12:25.139 --> 00:12:26.580 they're saying... Yeah, so they're basically 00:12:26.580 --> 00:12:29.720 saying, you know, we think gold's going to go 00:12:29.720 --> 00:12:33.580 higher. Higher. Yeah. Interesting. So I think 00:12:33.580 --> 00:12:35.639 that's a pretty big deal. Because they're basically 00:12:35.639 --> 00:12:39.220 admitting that they might have been wrong before. 00:12:39.460 --> 00:12:42.059 It's possible, yeah. Or that maybe the game has 00:12:42.059 --> 00:12:44.100 changed. Or that the game has changed. Maybe 00:12:44.100 --> 00:12:46.220 they're seeing something that wasn't there before. 00:12:46.559 --> 00:12:49.779 Yeah. OK, so it seems like the article is making 00:12:49.779 --> 00:12:52.480 this case that maybe this isn't just short -term 00:12:52.480 --> 00:12:55.580 volatility. These breakouts in gold and silver 00:12:55.580 --> 00:12:58.059 prices that we've been seeing, maybe this is 00:12:58.059 --> 00:13:01.149 the start. of something bigger. Maybe they're 00:13:01.149 --> 00:13:05.350 finally starting to move towards a price level 00:13:05.350 --> 00:13:09.990 that reflects their true value. Would you say 00:13:09.990 --> 00:13:11.870 that's a fair assessment? I think that's a really 00:13:11.870 --> 00:13:14.370 good summary of what the article's saying. They're 00:13:14.370 --> 00:13:16.870 saying, look, we've got all this historical precedent. 00:13:17.509 --> 00:13:21.470 We've seen how hard it is to actually control 00:13:21.470 --> 00:13:24.789 these markets. We've got this current price action. 00:13:25.799 --> 00:13:28.740 gold and silver on the move. You've got this 00:13:28.740 --> 00:13:32.320 huge demand for physical gold. You've got the 00:13:32.320 --> 00:13:34.379 central banks buying it up. Right. And you've 00:13:34.379 --> 00:13:36.700 got these major institutions changing their tune. 00:13:36.740 --> 00:13:39.019 Yeah. So you put it all together. It does seem 00:13:39.019 --> 00:13:41.519 like we could be at a turning point. OK. And 00:13:41.519 --> 00:13:44.779 specifically for silver, the article reiterates 00:13:44.779 --> 00:13:48.220 this historical pattern of silver really kind 00:13:48.220 --> 00:13:50.700 of taking off once it starts a sustained move 00:13:50.700 --> 00:13:55.210 higher. Yeah. So. historically silver has tended 00:13:55.210 --> 00:13:58.750 to outperform gold in terms of percentage gains 00:13:58.750 --> 00:14:02.090 when you have a bull market. So if gold really 00:14:02.090 --> 00:14:05.289 is entering this bull market. If gold really 00:14:05.289 --> 00:14:09.070 is taking off, silver could potentially see some 00:14:09.070 --> 00:14:11.990 really big gains. Yeah, and it's interesting 00:14:11.990 --> 00:14:16.669 to note that even some of the analysts and investors 00:14:16.669 --> 00:14:19.950 who have been vocal in the past about this whole 00:14:19.950 --> 00:14:23.940 suppression narrative, They're viewing this as 00:14:23.940 --> 00:14:26.779 kind of a yeah, like it's confirming validation 00:14:26.779 --> 00:14:28.480 of what they've been saying what they've been 00:14:28.480 --> 00:14:30.759 saying all along Yeah, so it's interesting to 00:14:30.759 --> 00:14:32.620 see how you know how the narratives evolving 00:14:32.620 --> 00:14:34.399 right? Yeah, you know you have these guys who've 00:14:34.399 --> 00:14:37.840 been saying for years Yeah, gold and silver are 00:14:37.840 --> 00:14:40.600 undervalued. Yeah, because of all this manipulation 00:14:40.600 --> 00:14:42.679 now. They're saying they're being proven right 00:14:42.679 --> 00:14:45.120 well. This could be it yeah This could be the 00:14:45.120 --> 00:14:48.559 moment. OK. So as we wrap things up here, let's 00:14:48.559 --> 00:14:51.100 just kind of recap some of the key takeaways 00:14:51.100 --> 00:14:54.480 from this article. Gold and silver break free. 00:14:55.279 --> 00:14:58.659 The end of suppression. Really? So we've looked 00:14:58.659 --> 00:15:03.379 at the history of attempts to control gold prices. 00:15:03.600 --> 00:15:06.320 We looked at some of the allegations of manipulation 00:15:06.320 --> 00:15:09.220 in the markets. We looked at these huge price 00:15:09.220 --> 00:15:11.440 surges we're seeing right now in both gold and 00:15:11.440 --> 00:15:14.960 silver. The fact that people actually want to 00:15:14.960 --> 00:15:19.120 hold the metal, the physical gold, that central 00:15:19.120 --> 00:15:22.320 banks are loading up their vaults and that these 00:15:22.320 --> 00:15:25.039 big institutions are changing their tune. It's 00:15:25.039 --> 00:15:27.480 a lot to digest. It is a lot to digest. But I 00:15:27.480 --> 00:15:30.220 think the article does a good job of laying out 00:15:30.220 --> 00:15:32.539 this argument that potentially we are coming 00:15:32.539 --> 00:15:35.860 to the end of this period where gold and silver 00:15:35.860 --> 00:15:38.700 have been artificially suppressed and that they're 00:15:38.700 --> 00:15:41.620 going to start to move towards their true value. 00:15:41.740 --> 00:15:45.049 And it makes you wonder, right? if all of this 00:15:45.049 --> 00:15:47.830 is happening. It's a big if. Yeah, it's a big 00:15:47.830 --> 00:15:51.169 if. But if it is, what does that mean for the 00:15:51.169 --> 00:15:54.409 bigger picture? What does that mean for our understanding 00:15:54.409 --> 00:15:58.409 of value? What is value? What is value? What 00:15:58.409 --> 00:16:01.409 is money? What is money? What does it mean for 00:16:01.409 --> 00:16:04.470 the stability of the entire system? I mean, are 00:16:04.470 --> 00:16:09.110 we seeing this kind of reassessment of the role 00:16:09.110 --> 00:16:12.529 of precious metals? A shift. Yeah. It's something 00:16:12.529 --> 00:16:14.289 to think about. It is something to think about. 00:16:14.529 --> 00:16:17.669 So I want to thank everybody for tuning in. Yeah. 00:16:17.929 --> 00:16:20.830 To this Dipe Dive. As always. You know, we've 00:16:20.830 --> 00:16:23.190 just kind of given you a snapshot here of what 00:16:23.190 --> 00:16:25.129 this article is saying. Just a taste. Just a 00:16:25.129 --> 00:16:28.809 taste. Yeah. But there's a lot more to explore. 00:16:29.230 --> 00:16:30.730 There's a lot more out there. There's a lot more 00:16:30.730 --> 00:16:32.990 out there. So keep digging. Digging. Keep asking 00:16:32.990 --> 00:16:35.470 questions. Do your own research. Yeah, and you 00:16:35.470 --> 00:16:37.950 know. Yeah. Let us know what you find. Let us 00:16:37.950 --> 00:16:40.409 know what you find. All right, everybody, we'll 00:16:40.409 --> 00:16:43.289 see you next time. See you next time. On the 00:16:43.289 --> 00:16:44.190 deep dive.