This Is The BIG ONE_ Gold _ Silver Warning _ Francis Hunt

Well, I'm thinking of your viewers, Elijah, and I'm thinking, you know, gold and silver people out there, sound money people out there, and hearing all of this.

And the first reaction, of course, with the reheat on the Hormuz narrative is going to be the oil price people will think first.

So I will show you that, but this is not the full story.

This is the start of the story.

I want to highlight how much we've come down first.

You know, most of mid-March, through April into May, we were spending most of our time at around 87 and a half to 102 and a half.

That's the box we were in.

We've actually come right the way down to 67 and a half, and we're now at 75.

So we haven't even put 10 bucks on.

What's that? It's about seven and a half dollars to get up to 75.

And the key thing that has immediately responded is actually the debt markets.

And that's where I want to take you.

So yes, Hormuz reheat, oil a bump after selling off quite substantially.

And we got a benefit out of that for being short for a while.

But the big news for everyone watching is, this is not necessarily immediately good for gold.

It's long-term good for gold.

The debt markets are coming into focus.

And if I take you in here, just clean our face and get a bit more real estate, I'll bring you into the setup.

You know, viewers that have been watching us and our appearances with you over the last, goodness, it must be a number of years now, will know that in September 20, we said, that's it for debt.

It's going to be a busted flush.

It goes largely down by value, sideways for a bit, and then down further.

That means rates are higher.

It's going to be the most significant call we've ever made because it's the end of the debt-based, the fiat debt-based system.

Most people thought that was sort of high jinx drama, being a drama queen, sort of, you know, a little bit extremist.

But the debt markets and the fiat and debt markets underpin absolutely everything.