This Is The End Of The System; You're On Your Own | Bill Holter
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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."
JSMineSet: https://www.jsmineset.com
0:00 Intro
2:23 American bullion
5:36 Moving to metals
8:11 Preparedness
14:29 Credit crisis
20:15 Metals draining
25:43 JSMineSet
29:29 Miles Franklin
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