Will Dove  00:00 In 1929 the rich and powerful, the owners of the central banks, intentionally crashed the stock market. Over the next 3 years it lost 89% of its value, and it took 20 years to recover. During that time, massive amounts of wealth were transferred out of the hands of ordinary people and into the hands of the ancestors of today’s global industrialists, those who are members of organizations such as the WEF, the Bilderbergs and the Club of Rome.   Will Dove  00:34 The past 4 years has been another exercise in wealth transfer. Small and medium sized businesses put out of business, while big box stores made record profits. Ordinary working Canadians losing everything after losing their jobs. And where did all of that wealth go? But all of that was just set up. The real financial crisis is still to come.   Will Dove  01:02 I am joined once again by financial experts Adrian Spitters, Bryce Wade and Warren Keane.   Will Dove  01:09 In my past two interviews, one last year and another earlier this year, we did the interview in 3 parts because of the large amount of ground to cover. This interview, their second quarter financial update we did as one long interview. Partly because everything is interconnected and it’s difficult to cleanly separate the discussion into 3 parts.   Will Dove  01:32 The financial collapse of commercial banks, which is already under way. A severe shortage of real estate, leaving the younger generation priced well out of the market while the wealthy continue to acquire rental properties. Dramatic increases in lending rates that is already leading to rash of foreclosures. A shortage of precious metals, especially silver as green energy and biowarfare increase demand and banks are often refusing to transfer money for the purchase of silver or gold as an investment. Disease X and the WHO’s pandemic treaty. War and unrest increasing around the world. Commodity shortages which are already affecting the manufacture of the parts and goods that power our modern society. The list goes on.   Will Dove  02:20 But what does it all mean? When will the collapse happen and what will be the imminent warning signs? And above all, how do you protect yourself and your family from what will undoubtedly be the greatest economic collapse in history?     Will Dove  02:41 Bryce, Warren, Adrian, it's a pleasure to have you back on.   Bryce Wade  02:45 Hey, man, thanks for having us again. It's always a pleasure talking with you.   Adrian Spitters  02:48 Yeah, thank you for having us.   Warren Keane  02:51 Thank you very much.   Will Dove  02:52 And boy, do we ever have a lot to discuss? Right guys?   Bryce Wade  02:55 Well, yeah, it's going to be quite the day today, my friend, because I got a lot of bad news and some good news. But I like to leave people with a little bit of hope at the end. So, we'll talk about that too.   Will Dove  03:05 Well, you know, with that, Bryce, I'm going to hand things to you to get us started.   Bryce Wade  03:12 Sure. So how we're going to do today is a little bit different from what we've done previously. Because last time we were doing, it was really segmented and kind of structured. So, this is a little bit more freeform. But what we're going to do is I'm going to overview for about five minutes, the things that I think are important, and we're just going to speak in generalities, all three of us to get an idea of what we're going to talk about today. And then where you can guide us down what you want to cover. And then if we miss anything, we'll just pull it back and kind of mentioned what we think is important for what's happening right now, how we got here, and what we think is coming down the pipeline.   Bryce Wade  03:43 So let me start by kind of overviewing the grand scale of thing as usual. So, World War III is getting off the charts. So, Russia's got nukes loaded on the borders of Ukraine. We're doing the same thing. We're doing Minuteman - three minimum and tests in the next couple of weeks. We got stuff flaring up in Taiwan, Taiwan is under attack by the CCP internally in their political structure. We've got stuff happening with Central Bank digital currencies all over the world. We just signed up for the WHO Treaty, which I'm not really going to cover today. But that is something that is happening in the background. So, it's very important and I'm sure you have guessed about that.   Bryce Wade  04:18 We're seeing all sorts of economic indicators that are telling us that everything's blurry, red, and there's emergencies happening, the commercial real estate bomb, the normies are finally starting to notice that, that is going to be a major problem. That's starting to hit the mainstream. We got lots of banks that are insolvent and have problems and silver squeezes happening, our decline is that - there's a decline in the supply of silver and gold. We're being regulated out of existence in Canada for the manufacturing, mining and energy production. So, there's a whole bunch of stuff that's happening.   Bryce Wade  04:51 And so, one of the things that I like to cover and something that I'll talk about specifically today because I did a presentation on it yesterday is what are we going to do about that. But that's the overarching, there's two overarching things that I'm going to structure this with was it’s what are we going to do about it? And what are we actually fighting? Those are the two things that I'm going to try and get across today. And so that's kind of my initial overview of what I'm going to be talking about today. So, I'll hand it over to Adrian. Adrian, give us a rundown of what you think is important right now.   Adrian Spitters  05:18 Well, what’s important is that the commercial banking crisis is actually getting worse. There was a bit of a reprieve for about a year when the US came out with the bank term lending program, which ended in March. The repercussions are just now starting to show up. I'm going to talk about how are banks are in just as much troubled, but our government has found ways to sort of prop them up. Chrystia Freeland is abled the capital gains budget, saying that because of their prudence, they're able to drop interest rates, we'll cover that.   Adrian Spitters  05:55 And talking about the attack on the food supply. We're having massive attacks on poultry farms; cows are now catching the bird flu, and they're wrapping up that now it's crossing to humans. Got a personal story of that. And now I'm just going to talk again, just finish up with the immigration and the shortage of housing for the immigrants and for locals. And that's basically what I'm going to cover.   Will Dove  06:29 All right. And Warren, do you have anything to add? Before we get into the details?   Warren Keane  06:32 Yeah, what I'll cover today is where we are with gold and silver, you know, the prices this year, the increases that you’ve seen and where we expect those to go in the future. I'd like to talk about the silver story, in particular, the supply and demand story there. And then on a global picture on, global level, what's happening. We have some countries repatriating gold, for example, back to their homeland in preparation for likely a new type of currency backed by commodities, that seems to be a continuing and maybe a bit of a de-dollarization. And move countries, moving away from the US dollar, and how it pertains to gold and silver. So that's pretty well what I'll stick to and some details within that.   Will Dove  07:25 Alright, so Bryce, you started off with a laundry list of things we need to cover. Gentleman, you're the experts. So, I'm going to let you decide what do you want to start with?   Bryce Wade  07:35 Cool? Well, I'll start with something that very, very specific and something that this is what everybody, everywhere faces across the western world, specifically, but the rest of the world in general, as well. So, I'm just going to share my screen really quick here. So, this is a meme that I like to post quite a bit on Twitter, because it's very effective way of illustrating very succinctly, what is happening with all the policies in the Western world. And what I mean by this is resources, right? So, when I talk publicly, it's basically talk about three things that you need to care about - skills, assets and resources and how you can use those to protect your family and profit from and prepare for what's coming down the pipeline.   Bryce Wade  08:15 And what this is essentially showing is our Western governments are essentially communizing or what's the word, seizing by the state a lot of our production of the important aspects of the economy, manufacturing, energy, minerals, processing, stuff like that. So, I think I got another slide for this. So, this is kind of how the economy works, right? So, civilization has these core things that you need to put together to create the modern world that we live in. So, energy, communication, healthcare, structure, law and justice, I didn’t include manufacturing, that's kind of in infrastructure, and healthcare is there as well, right? And so, when you have these things that are the core aspects of society, if you could regulate or choke off some of those things, they fall apart, and they die and wither on the vine.   Bryce Wade  09:06 And this is what's happening in Canada, in regards to our oil and gas, that the Trudeau Government is trying to regulate out of existence. And you just saw the NDP person the other day that was basically like, yeah, we just got to get rid of oil and gas right now, even though the vast majority of where we get our energy in gold, as Canada, right. And so, this is what I mean by these communistic policies that are really dictating what we're able to do. Okay? And so that's kind of the preface. Okay, so that's one-tenth of what's happening just in general, in all sorts of areas of the economy.   Will Dove  09:37 Bryce, can I step in just for one minute, and I'm honestly not wanting to nitpick. I'm just having to raise an issue that I'm sure it's going through the minds of some of the viewers. I think you've called this communism, and that can work. But I think technically the marriage of state and corporations is actually more referred to as fascism. That seems to be the direction we're going. And like I said, I'm not nitpicking on you and your charts and your diagrams. I just know that that's going into the mind some of the viewers right now, say that, what I think what it really means is fascism. And it is an important distinction because of how the government handles that.   Will Dove  10:10 And basically, taking power over everything. And that, of course, makes it all the worse. Under a communist system, corporations can still operate on their own, not with much freedom, but they can do that. Under a fascist system, the government is calling the shots. And that's really bad because of the things you're talking about UNDRIP, which I think we discussed last time, should probably get into a little bit again this time, because it has to do with the resources. So, I just wanted to clarify that before you continue. So, I apologize for jumping in, please go on.   Bryce Wade  10:39 No, that's fine. Let me actually, you guys had a good point. So let me explain this a little bit better. So, most people think of the political spectrum as this straight line that goes like this. It is not like this. So, I'm somewhere over here. I'm a centrist. I'm of this, I’m of that, whatever, it doesn't actually look like this. The actual political spectrum is kind of like that, omega assembled, it goes like this. And at the top, you have the normal people up here that are like above the kind of the normal line. And below that you have all the fascists and communists, people and authoritarians, and they basically all agree like we should separate people by class, or skin color, or sexuality or whatever. And they basically all agree that, hey, you're saying something I don't like, screw you, you shouldn't be able to talk.   Bryce Wade  11:18 And so, they all agree at the very bottom that these authoritarian, fascistic, communistic policies are essentially the same. What I say when I say communist, I mean, essentially state power, state control of things, regulation, and censorship and authoritarian policies that control people and things in companies by either decree or regulation, or what have you, or, you know, by the barrel of a gun in some cases, and what we've seen historically.   Will Dove  11:43 Yep, and I just wanted to run one comment on that. And I don't normally interrupt this much, guys, I promise I'll stop. But I just think it's important. Something I've been saying lately to people is, a liberal is someone who believes that society is responsible for the individual. And conservative is someone who believes the individual is responsible for society. So, when you talk about communism, fascism, all of those, those are all very liberal concepts taken to the extreme. That the government, the society, the government, should have control over everything. And it doesn't really and you're right, once you look at it that way, whether you call it communism, or fascism is semantics.   Bryce Wade  12:20 Exactly. And ultimately, how they show up in the world and how we experienced them are identical, doesn't matter if somebody's a fascist or communist, that they're pointing a gun at you and telling you to do what I say or else, it doesn't matter, right? Ultimately, it's an authoritarianism. And the way that I look at it is, you have to have the ability in a society to protect yourself. And that's one of the reasons that the US did so well, for so long is because everybody had that innate, right and ability to be like, “ what I think is best for my family to protect my family. And I have the legal protections to do so.”, which is what we're losing in the West. One of the many things we're losing in the West.   Bryce Wade  12:56 And so, the kind of the big thing that I think is important to realize is that these policies are being pushed all over the place. And so, I didn't want to get too political today. But I’m just saying that this is one of the aspects of what are the challenges that we're facing, because politics has an effect on everything, we're talking about economics, this is why we're on today, we're talking about the economics. While the politics of what we're dealing with right now has a big impact on those things, because these regulations are pushing down some industries or getting rid of them entirely and propping up other industries that shouldn't be there at all, and wouldn't be unless they were being propped up by the government.   Bryce Wade  13:29 And so, what I'm trying to get across with this point, is that you really have to look at what the policies that your politicians are pushing, and you have to fight back and push back on these things that are utterly ridiculous and destructive. And just as a simple example, because I'm here in BC, there was somebody recently that pushed the idea that we should refill, the Sumas Lake, which would wipe out huge amounts of farmland. It's the most ridiculous idea possible, in a time where our cost of food is going up. And they're trying to regulate farms out of existence. And so, Adrian is going to talk a little bit about the attack on farming, but why I'm bringing it up is that you can see this, when you look at anywhere, you can look at any of the things that I put on that slide with civilization. Look at any one of those things, and there are policies being pushed that are not good for us, the people.   Bryce Wade  14:14 And so, I just want to say that that is one of the temples. And the other thing, this is the other side of the things that I'm going to talk today, and why I wanted to be a little bit specific about this. I did a private session last week, about what are we going to do about it? That is the ultimate thing that I care about when I talk about stuff, is what are we going to do about it, right? And so, I created this as a simple framework that anybody can use at any level to achieve anything. And so, the Hand of Change is this, is that you have questions, answers, actions and results. And you can either start with a question, or you can start with as a result, either a result that you want, or a result that you're not happy with or you are happy with and work backwards from that and say, if this is the thing that I want or if this is the thing that we got, what caused this thing, or what actions do we need to take to get to that thing and what actions are required to do that? Well, that requires questions to get answers to, right? And the better questions that you could ask, the better answers and results that you're going to get.   Bryce Wade  15:06 And so, I'm offering this to anybody that wants to take this on. This is how you hold people accountable, you said, or you created or, you gave us this result, what actions were taken, and you can point to those actions, say you did this thing, or I'm going to do this thing. And when you say, when I take this action, this is the result that I'm trying to get with it. And then you can measure that result or that action. So, I just want to throw that out there for anybody that this is kind of the big things that we're facing. One of the many, and this is a strategy and a structure that you can use to work with people in your community to do something about it. Because if we don't do anything about it, well, we're not going to be saved by anybody.   Will Dove  15:45 So now, Adrian, I want to move to you because we're still kind of talking in generalities. But Bryce  has made this very good point that we're moving towards this totalitarian, authoritarian government system that's going to control everything. You're the financial expert. What happens to the average person and their money, their finances, when the government simply gets too much power?   Adrian Spitters  16:07 You basically lose the ability to function, the government's with CBDCs coming in, you're going to be controlling your purchasing of goods, you have inflation, your purchasing power, you get regulations that prevents you from running your business property. So, it becomes very difficult.   Will Dove  16:33 Alright, and Warren, a question occurred to me too while Bryce was talking that you can answer, because as Adrian just pointed out, we ended up in this situation, if we let the government get away with this, where we lose all control. And we've always seen precious metals, gold and silver as being kind of the secure thing to be into. But if the government gets that kind of control, is it?   Warren Keane  16:57 Yeah, you're right. It's always been that way with precious metals, it is received as financial sovereignty, because the government can't print it. I'll just pick it out of thin air like they're doing with the fiat system. I guess there is some level though of control. For example, if the Canadian government say repeated what happened in 1933, and banned gold and silver, you'd have to think well, they're going to close down the coin exchanges. So that limits our off ramp. How do we transact? But on the other hand, gold and silver have been one of the most, if not the most barterable elements. So, you would take that we would have, as people perhaps revolt against maybe a digital currency that we don't accept it. And we would have, hopefully, an underground market where we could barter with gold and silver.   Warren Keane  17:58 And for that I point to our friends, our American friends, and all the INROADS they've been making with the Sound Money Defense League. We have six states this year alone, Alabama being the latest one, on May 31. And what they've done is the United States, it's in their constitution, that any debt can be paid with gold and silver. It's basically that's what it says. And so, the states now are passing bills to make gold and silver legal tender again. And some, I think there's four or five of them now are saying, digital currencies, Central Bank digital currencies are unlawful invasion of privacy. So those are some lights, you know, bright lights out there. And hopefully, we can get some similar movements in Canada to protect us against the government potentially making it illegal.   Will Dove  18:58 Now, Bryce, I want to come back to you. And I'm going to ask a specific question, because we're talking about, really what I think we're heading towards this potential collapse of the financial system, kind of a repeat of what we saw back in 2008, with the commercial paper crisis, and it's all being manipulated. And I reported on something very interesting. Just last week, there was evidence that came out, it was in 2019, this was published, where somebody dug up something very important, and this is something that both you and Adrian can speak about, where the Bank of International Settlements brought into play this rule called mark-to-market. And I'm going to let Adrian explain what mark-to-market is because he can do a better job of that than I can. And Adrian, will you jump in on that please before we get back to Bryce.   Adrian Spitters  19:42 Well, mark-to-market means that you're basically booking your assets at the market value, which is right now the banks don't want to do because it would expose how deep in debt they really are. So, what the government's allowing them to do both in the state said in Canada is to show their asset at book value. So, they can basically give the illusion that the banks are in good shape. So, mark-to-market means is, exposing your assets but it's really worse.   Will Dove  20:14 Right? So, where I'm going with that, and I'm going to hand this back to you now Bryce with this, the conclusion that was drawn from that is, everybody, a lot of people have seen the movie…   Bryce Wade  20:26 The Big Short?   Will Dove  20:27 The Big Short, thank you. My wife will tell you I'm terrible thinking in the names of movies or famous people that I've never met. I remember the names of people I've met; I don't remember the name of the famous people. And it was The Big Short and that movie, you know, made it very clear, from their perspective that what happened here, which is recklessness and fraudulent behavior in part of the banks. But what this person concluded, after talking about this Bank of International Settlements mark-to-market rule that came in just months before it all collapsed. These banks were all forced to mark down the value of the mortgages, even though the vast majority of them were not at risk.   Will Dove  21:03 And so, it made the commercial paper crisis appear far worse than it was. And it may actually have been that Bank of International Settlements rule about mark-to-market that caused the commercial paper crisis far more so than, I mean, obviously, yes, there was negligence and recklessness on the part of the banks. But it may have been the Bank of International Settlements. And I think this is a really important thing to discuss, because it gets down to who has the power to destroy things. Adrian, do you want to say something?   Adrian Spitters  21:30 That was the Black Swan. Because the reason, one of the reasons why they justify the banks, booking their debt, mortgages and etc., at book value is if they hold those assets to maturity, nothing happens. During the period of holding those assets, they'll go down, and then they go back up. But on maturity, they basically get their money back. So, there is no risk if they can hold them to maturity. And as long as nobody defaults on those assets. So, what the Bank of International Settlements did, by forcing them to show they actual market value at a given time, it just shows to the general public that in many cases, a lot of these banks are in bad shape if all those mortgages went bad at the same time, or if they were forced to liquidate those mortgages to meet redemptions. So, they were just reading an article crisis, basically.   Will Dove  22:25 And if I may provide a much simpler example. And it might seem a little bit silly, but I don't think it is because I think we should be very clear. When I was, in my early 20s, I collected comic books, I have about 2000 of them. And up to date, some of them are extremely valuable. In fact, I'm having some of them graded and evaluated, right now I got a couple that could be worth as much as $5,000, when I paid $2.50 for it. But the concept I was always taught Adrian, in terms of finance economics is that you don't know the value of a thing until you sell it. I can sit there and I can talk all day about how okay, this comic book could be worth X, till you sell it, that means nothing. But mark-to-market changes that because it says that if somebody else has sold that same comic book for $5,000, that means mine is worth $5,000. It was no guarantee I'm going to get that.   Will Dove  23:17 So, this changes the game entirely. And so, with that clarification, Bryce, I want to come back to you because as we started out, when we're talking about this at the beginning of the interview, it's happening again. And the conclusion I drew when I reported on this Bank of International Settlements mark-to-market rule is if, and I'm not enough of a financial expert to really evaluate this myself. But if that was what caused the financial crisis back in 2008, they made it happen, which means they can make it happen again.   Bryce Wade  23:46 Yeah, and Adrian actually has a parallel for what's happened then as well, what's happening now that he'll get into it, and after I finish this, you can hop in and clarify that aspect that we were talking about before. So, you got to understand that the BIS the Bank of International Settlements is the Central bank of Central banks. They are the top dog, the highest authority in banking everywhere, all the time. And almost all countries apart from I think four, which is like North Korea, Iran, I think - I can't remember if Russia has a central bank that's Rothschild controlled, I can't remember.   Will Dove  24:21 I had to jump in with a very short but very important comment, who owns the Bank of International Settlements, 63 private Central Banks.   Bryce Wade  24:29 Exactly. So, they're the authority so in the same way this central bank is owned by other commercial banks and private investors. The BIS is owned by all the central banks. So, you see this self-creating, self-organizing hierarchy of we've got all the money and we control all the money, we do ridiculous system, but here we are, right? So, what essentially happens there, what they're essentially doing is what they've done before, is that when the price of credit is low, they flood the system with as much as they can get out. And this is what happened in 1929, and this is actually kind of a good segue into something that I brought up before.   Bryce Wade  25:04 So let me share this to illustrate this point. So, you've probably seen this in the other times that we've been speaking here that this is what happened in 1929. And this is what's happening right now, right? So, this is more or less where we are, this is where we were last year. So, we took a look for where we are. And this is what we found. Now, this is, I think, the best illustration possible of what's coming. Okay. Because we are at historic highs for the stock market. We're in a recession, we have massive immigration, we have massive debt that we've never had anything like this in history, how could this go anywhere else but down, right? It's simple math.   Bryce Wade  25:45 And when you've put a whole bunch of money out there, and it doesn't do what it was meant to do, and it fails and it goes bankrupt or whatever, it doesn't produce what was supposed to, well, that's a loss on somebody's balance sheet, right? And because we printed so much money, and I made this comment on another podcast, you got to understand that all of this money, went somewhere and did something. Now whether that was a positive for us, the community of the people or the civilization or whatever. Now that part is debatable, right? Because I can say that I gave Chrystia Freeland, a bajillion dollar for a company that didn't exist. Well, if that did something valuable means, hey, you can defend that. But if it didn't, then well, it's a loss on our balance sheet. Because it was money that was invested. There was a net loss, right?   Bryce Wade  26:25 So that money was put in somebody's pocket, and it didn't go where it was supposed to go. That's what matters at the end of the day, right? We have no really good way to track that because the government, and you know, finance, in general is so opaque in a variety of ways. Now, this fall right here, I want to I want to make this point, too, because Adrian was kind enough to find this. That part, right there is this. That's where this is right here is that time that we're looking at, this part is that part right there. So, when the stock market fell in 1929, it was a 90% drop over three years. And the amount of debt we have now that's out there, that's not producing what it should, that was loaned out at interest, is 829% more, right?   Bryce Wade  27:12 And so, we've shared previously on other podcasts, that there is a hierarchy of things collapsing, there's like, quadrillions of dollars out there that are on a balance sheet somewhere that are eventually going to break. And what this shows you is that regardless of what you think is happening politically, or economically, or financially, or whatever, there is a big correction coming, and you have to be prepared for that. So, when I talk publicly, I always say the same thing. Skills, assets and resources, money, gold, you only have four ways to get money or to sorry, to get resources, which is cash, bartering, gold, and silver, or eventually Central Bank digital currencies, those are your four options, and four options only.   Bryce Wade  27:53 So, if you only rely on one of them to get your resources, you're limited and pigeonholed into whatever that option can do, right? The first thing that we did as humanity was barter, you've got something that I want, I've got something that you hopefully want, we find a ratio of whatever those things are, and we trade and then a transaction happens. Done. And then we upgraded to some sort of monetary system, which was gold and silver for the majority of history. If so that I could just give you a coin, you say sounds good, you get this many of widgets or what whozits. And then I can take that gold coin or silver coin and then go and get something else. So that the transactions around the economy can move around, right?   Bryce Wade  28:33 And so now what's happening is the control of that ability for you to transact as an individual is under attack. And this is what I meant about the communism, creeping into everything, because it is a communistic idea to seize the means of production, seize the control of transactions, and limit people on what they can do, what they can buy and what they can transact with and who they can transact with. So, all of those things are happening right now.   Will Dove  28:58 Right. Now, you mentioned the hierarchy of collapse. And you also mentioned that it was Adrian who found all of this so Adrian, I’ll asked you that, what is the hierarchy? What order are we going to see things collapsing when this happens?   Adrian Spitters  29:15 I would say the first thing you're going to see is while the dollar keeps on sliding down, you're going to see possibly some mortgages go down, because it runs on the banks, which means you're going to see deposits being seized as banks go under. Then you're going to start seeing the stock market reacting to that and you're going to start seeing overvalued stocks. Starting to correct right now we're in a massive bubble on the tech stocks, The Magnificent Seven, which is basically driving the market. And those are going to start collapsing and then they're going to start taking down other maybe safer stocks, but you'll start seeing a snowball effect going down. At the same time, we're probably going to see interest rates going higher because inflation is not under control. So, we're going to start seeing bond value start going down further.   Adrian Spitters  30:21 So, you're going to be left with owning either real estate, not residential real estate, it’s going to go down because of the mortgages, because of the resets in the mortgages are coming, that's going to affect residential, so then that's going to get hurt. And then eventually, the only things that are going to be safe would-be owning farmland or productive assets that are income generating assets, like income generating real estate, or precious metals.   Will Dove  30:51 Yes. And owning farmland also has the advantage that you can be growing food on it. Yes. Now, just before I get to the question that I think is really going to send us down the rabbit hole, gentlemen, Warren, we've been talking about mark-to-market. And I'm curious, does that principle in any way currently affect precious metals?   Warren Keane  31:08 Okay, Will, I'll answer it a little bit different. Because to be honest about mark-to-market, I'm not an expert, I'm really what that is, I get the gist of it. With precious metals, you know, recognized by every country in the world is money. The market is, on one sense, it's very liquid. And not every country recognizes it, but it's not liquid at our sort of daily life level. You can't go to the grocery store and buy today, a loaf of bread with some silver. So, you know, there's that aspect. There is also this paper market, and it really grew up in 2006, when they created those two ETFs, the iShares ETF, SLV is a silver one, GLD is the gold. And what that's done is really given the financial system, the ability to manipulate the prices, I would say control the prices by using the paper markets. And it's almost I see parallels to the banking system where we have fractional reserve, where a bank can lend - you deposit your money in the bank, the bank can lend it out 10 times? Well, parallel to that in the precious metals paper market, they were selling, now, not all of these ETFs in the precious metals market have this characteristic. Some of them actually are backed by physical gold and silver. But those two big ones are not.   Warren Keane  32:49 And so, what it gives, it allows for the financial system to manipulate the prices by using that paper market selling for example. Spoofing is one thing we know what's happened. Spoofing is the act of creating sales orders, which never really go through, you pull them back at the last minute. So, imagine, you put all these sales orders out there for gold and silver at the paper market. And that kind of pressure brings down the price, then you pull back the orders you don't follow through with them. That's spoofing. And, you know, there's been big banks that have been charged for this, manipulation of precious metals here in Canada, and in the United States. So, there's definitely a manipulation.   Warren Keane  33:37 But at the same time, and especially with silver, which I talked about some time here today is this, the fundamentals we say went out, in particularly with silver, because the demand, the industrial demand with silver continues to rise. And eventually, the financial institutions who are shorting precious metals, manipulating the price, their ability to do so gets less and less. And we see the fundamentals went out. And we really see that happening with silver. Yeah, it's a very interesting story with silver that way, and that global demand.   Warren Keane  34:20 And here, let me just show you one thing here, and I'll take it for a run of - but let me just show you this. This is The Silver Institute. It is the world body independent, recognizing the tracking, the flows and inflows and outflows of silver around the world. Well, the key headline here is right here where we see demand, worldwide demand, a second highest on record and the highest was 2022,1.2 billion ounces. So, this is the demand and it's really fueled. The increase in industrial demand is really fueled by solar panel production, electric cars and the whole green energy movement that has been mandated by governments in the West.   Warren Keane  35:14 And so, we have this demand, but here, just let me scroll down and find the fact of how much we're mining, we're mining about 850 million ounces a year right there. So that's the global mining production, it hasn't changed a lot in the last 10 years. It's quite inelastic, actually, silver in particular, because silver, I'm going to throw this over here now. Silver is, you know, approximately 25% of the world's silver comes from silver mines, the rest of it comes as a byproduct of lead, copper, and zinc mining.   Bryce Wade  35:54 And just as an addendum, as a quick aside to what he's saying. So, the military is the other big demand for silver. And the reason that supply is not increasing is because some of our supply of silver, because majority of silver comes from other types of mining are declining. So, the silver only mines. Yeah, exactly. Here you go.   Warren Keane  36:13 Only a quarter of the world's silver comes from silver mines, and mostly Mexico. Now China is moved in position to in front of Peru, Peru for supply. So now, China's the number one of gold, so number two in silver. But as you can see, the majority of silver comes from these other mites, gold, silver, lead and zinc. So, it makes the supply elastic and makes it even more problematic. So yeah, we have a situation where we're down a couple 100 million ounces every year, we see four years of deficits now under - and all points to big upside in prices in silver.   Warren Keane  37:00 And so, I guess I'll tie a bow on there with the manipulation, and that are the markets and that we're getting closer to a true price discovery, which is in precious metals in particular silver, which is you know, where we're measuring real supply and demand. And the ability of the financial institutions to suppress the silver price, their ability to do so is decreasing. So yeah, silver's a very interesting story. And one analogy if I could lead you with silver in the market is that, and it's my, one of my mentors in the industry is Andy Shipman. And what he says, this analogy with silver, so it's like Niagara Falls, Canadians will understand that your falls, you're in a boat, and you're going towards the falls. You know you we're running out of supply. And you're getting there, getting there, and one day, boom, you fall over the falls. One day, we can't get any silver. And this is what could happen with this situation.   Bryce Wade  38:14 What will happen because it's happened in the past, and this is one of the big things. And to mention Andy Schectman, let me bring this up as well, because it's a great point that Warren made. So, Andy Schectman, is a really smart guy. He was at the VRIC this year, I talked to him, really smart guy, really knows his stuff. And he does a regular appearance on this channel called Liberty and Finance. So, if anybody wants to get more involved in listening to some of the experts that we listen to, a fantastic channel that really digs down into kind of the technicalities of how the system works. And Andy Schectman has a really good example of that.   Bryce Wade  38:45 But one of the big things that's happening right now that he is talking about, and we're just talking about as well, is the COMEX, which is the main so commodity exchange in the US and LBMA in London, is being drained of their available assets. A lot of this stuff is going to China, a lot of it is going to central banks, a lot of it's going to private individuals, like the prudent people that are preparing for this, but the ultimate fact is to say is that the amount of metal that is currently available is going down. And that means that all of that, at the current price that it is which has gone up I think Warren said like 22% or something on a year for silver. It was right, Warren? 22% this year?   Warren Keane 39:23 Yeah, that's what we have. Yeah, we recently had a little pullback and overall, yeah, the price for silver is up above 20%, yeah.   Bryce Wade  39:30 Right. And that's with manipulation. And so, what they're doing right now is they're pulling what's available off of the exchanges and putting it into private hands in somebody. So, whatever I speak about supply and demand, there's a very simple concept that you need to understand, everybody needs to understand this. It doesn't matter how much it cost, if you can't get it, it's priceless, right? So, if you're in the desert and you want water and somebody has a bottle of water, well how much are you going to pay for that bottle of water to save your life? Whatever you have on your back? Give me that water because it's something that I absolutely need.   Bryce Wade  40:03 And so, when it comes to stuff like this, and I use the example of toilet paper, because we're in Canada, so toilet paper in 2021, when everybody just decided we're going to run out, right? That was a demand side problem, right? Well, what happens if it's a demand side, an actual supply problem on the supply side? Totally different ballgame, right? And what's happening right now is both, so you have a massive increase in demand, and you have a decline in supply. Well, what does that mean for prices? There's loss of supply and demand eventually win out over manipulation, because that's what - there's a great saying that I love, that you can ignore reality, but you can't ignore the consequences of reality. And this is what we're facing right now is the consequences of reality that we put into place over the last 20, 30, 50, 100, 150, odd years of humanity. Now, they are all coming to a head now.   Will Dove  40:52 Okay, now, just a few minutes ago, I was going to ask a question, it was going to take us down the rabbit hole. But I know there's a question that is going to be going through the minds of the viewers who either are investing in precious metals or thinking about it. Warren, so I need to ask you this before we move on. You were talking about the precious metals paper market, which is like any paper market, it’s just numbers. You know, it's the commercial paper crisis that caused the 2008 crash. So, kind of a two-part question. One, if you're holding actual precious metals, long-term, I would assume it doesn't really matter what that paper market does, because eventually it's just going to go away, like leaves in the wind. And those who actually hold that physical asset, they're still fine. Two, would you therefore recommend that people should not be investing in the paper market and precious metals?   Warren Keane  41:51 Okay, so number one, yeah, correct, physical precious metals have this intrinsic value, and no counterparty risk. And what we mean by that is, if, you know, you don't need customers, you don't need – if I apply about a property and the tenants have business, I need revenue. If I have a paper ETF, I need that company who's distributing that ETF to be in business, like if they if they fold, and, you know, potentially a big lawsuit, they go bankrupt, where's your ETF? It's all questionable. So, there's no substitute for physical that way that it will endure, you know, the financial systems, the ups and downs, especially with fiat. And I think that's really one of the reasons why we see in Asia so much, and other parts of the world, the Global South, even to Asia, in particulars, they have a lot more physical precious metals than we do here in North America. Because I think they've seen governments come and go, so there's this enduring intrinsic value that is, with no counterparty risk with physical. You cannot say the same thing about the paper market. At the second part of that question, can you repeat that again, Will? Just the second.   Will Dove  43:15 The second part of the question is, would you therefore recommend that people should not be investing in paper, in precious metals?   Warren Keane  43:23 Okay. So, you know, with us now, say I'm biased in one sense, and that for newer precious metals, all we do is physical precious metals, you have multiple solutions. But I'm going to answer it very objectively, like, so right now, and Adrian can attest to this is that we're seeing liquidity come into the market again, it's an election cycle. Right here in Canada, what do we have? We have an interest rate decrease, you know, this stimulates the economy. So now, to own an ETF, you're probably going to do good because the market is going to do good, just in general.   Warren Keane  44:04 But where is this going to lead? This is more kicking the can down the road as a whole liquidity, introducing liquidity, but this is what's happening, because this is what we've done for a long time, every election cycle, right? We pump it up, it's a cycle. And so, I guess I would to educate our viewers, with an ETF, unbeknownst to some, you know, owners of ETFs, there's often small, small print, fine print. Where the ETF this - the value of this ETF may or may not equal the value of the underlying asset. And with particularly with silver and gold - and the gold ETFs too, the big, the SLV and GLD. They're oversold many times, oversold more than…   Bryce Wade  44:53 400 to 1.   Warren Keane  44:55 With silver. Yeah. So, at that point to it I think because of the precariousness of the whole global financial system, because of this extreme debt leveraging over $300 trillion, globally, that it makes sense to have assets out of that. So, we believe physical gold and silver is the best bet. But acknowledging that in a short cycle here, that in the short term, and Adrian, maybe you comment on this, but you can do well on these ETFs as well, because we're pumping up the whole system again.   Will Dove  45:33 Adrian, we'd like your thoughts on that, please.   Warren Keane  45:35 Yeah, Bryce, I just want to go back to that chart you had up about the 1929. I think this will tie into where we are today as well. It's the - that, yeah, that, okay.   Will Dove  45:49 And then, Bryce, when he's done. Stay on that because my rabbit hole question is relevant to that.   Warren Keane  45:58 In the roaring 20s, we saw a massive run up in the market, free spending, lots of money floating around, and all that money went into the stock market. And one of the reasons why the stock market went so high so rapidly, is that they had a form of leverage where you could buy into blind pools, and you would put 10% down and borrow 90%, and that would then buy the stocks. And then they had blind pools, that we’re buying blind pool, so another blind pool would have 10% down, and then would buy into this blind pool. So, in effect, that blind pool will only have 1% of actual equity, and the rest was all leverage. So, it just, you know, all that liquidity that was generated during the ‘20s, the roaring ‘20s, will link to the stock market. Then what they did is they actually engineered the crash. And what happened is, the small guy who bought all the socks are left holding the bag, and the banking elite and the insiders, wound up owning and are getting out of the market before it happened, putting it in the hands of the shoeshine boy, whatever.   Warren Keane  47:08 And then when the market crashed, they got back into the market. But one way to launder all that liquidity is get the average person to leverage up, get trapped, and then crash the market. That's what basically happened in the ‘30s. There was, you know, they closed banks, and they had preferred banks were the preferred banks, you didn't lose anything. But the other banks that were not preferred banks, even very wealthy families lost everything, because those banks were never opened up again. So that was just a way of shifting the wealth from the middle class to the elite.   Warren Keane  47:45 So, coming back to today, we have in today's market, we have a super bubble, forming, we have all this liquidity from, you know, years of money printing, but especially in the last couple of years, during COVID, that moneys got to go somewhere. So that money is basically going into the stock market, and the biggest chunk of it is going into ETFs which represents the market itself. And we now have the Magnificent Seven, which are capturing the biggest slice of the assets or the money that's flowing into the markets. So, the Magnificent Seven represents around 50% of the value of the S&P index. Now within that there's a lot of stocks that are undervalued, like commodity stocks aren't participating because the money is not going, commodity stocks are going into more of the popular stocks.   Warren Keane  48:45 So, the next step would be - the other thing you're having is that young people are also putting all their money into the market because they don't see any hope of getting a house and they see that the stock market is a play or a casino I guess, where they can just bet it all and somehow make a big score. So, you're getting all the young people buying into the stock market, which they never, ever really did before. The other thing with ETFs is because the markets going up, you're getting a lot of people borrowing just like they did in the ‘20s, they're borrowing money to buy more ETFs and that's just keeps driving the market up, so a lot of that liquidity is being mopped up into the market and at some point are going to pull the plug and then ship those assets from those who have at the middle class into the into the elite, the banking elite.   Will Dove  49:45 Alright, so now Bryce, I'm going to knock this back to you. I'm going to hit you with the rabbit hole question, the million-dollar question. We're looking at these charts, and we're seeing very strong indications that we are on the verge of what happened at the stock market crash. And now in 1929, 89% of value lost in three years, took 20 years to recover from that. But that whole system was being controlled by, I will say the globalist by the private central bankers, the same people who were controlling it today. It was a system based on fiat currency and fractional reserve banking. But this time around, they don't want that, they want to replace it. They want to replace it with CBDCs. BRICS is another possibility. I think you mentioned another currency, that's a possibility. So how does that affect things? If we see this kind of a crash this time? I don't think we're going to see the same thing we saw last time.   Bryce Wade  50:42 No. No. And I'll just kind of add one point to everything that Warren and Adrian were saying, is that this was caused by the central bank itself, because in 1913, that's when the Federal Reserve was created, and the IRS and all the other stuff, and they started this process. And so, they flooded the market with additional money that was printed out and nothing loaded interest into the end at all, what ended up in people's hands, they put it in the stock market, did what Adrian just said, and crashed the market intentionally so that they could buy everything up at pennies on the dollar, seize control, seize people's gold, and then build up from there. And so, then we had another war. And then we had another war. And now we're in another war, right?   Bryce Wade  51:21 And so, this is a playbook that has played out throughout history. There are two major differences now. Okay, number one, is that we can see it now. And we're aware of it. Well, some people are aware of it, I'm aware of it, you're aware of it. There are some people that are aware of it, right? And we can share this at scale and at speed. And thank you, Will, for doing this service to humanity and showing people how screwed we are, unless we do something about it. And second is that this is the endgame. So, all other things in history, this was to get to the endgame. Well, now we're in the endgame. And let me show you exactly what the endgame is, because I think this is important.   Bryce Wade  51:55 So, this is to me what the endgame means for everybody. And this is what it will look like, right? There were four aspects, or four pillars of the enslavement issue are Digital IDs, Central Bank Digital Currencies, Microchips in the hands, and 15-minutes Cities. Now, how does this connect to what we're talking about is this, this is the intermediary between everything else. We use money as an intermediary for resources, skills, assets, and everything that we do in society. And if you choke off in control, your ability as an independent citizen to decide what you spend your money on, where, when and with who, you have lost a vital and one of the most important aspects of the economy and of the Western world and what we believe in as freedom, right?   Bryce Wade  52:42 And so, I can't stress this enough is that Central Bank Digital Currencies are a coup, and in the actuality of what that word means of all of the things that we care about, because we've already seen that our incompetent leaders don't know how to manage money that they already have. And that's an opaque system. So, taking it to another level, where not only do we have zero ability to see what they're doing, it's an unelected entity that controls everything and gets to decide, hey, if you bought too many of X, Y, and Z, you can't buy any more of that X, Y, and Z. And more importantly, if we don't like to think you bought it, you can't transact at all. Oh, you didn't get your jab, so you didn't do this, you said a bad word, he made somebody feel bad - banned from society. That is what this gives the power that gives them the ability to ban people from society, essentially, without due process, and essentially, without any way to fight back. Because once you're in this system, it's over, right?   Bryce Wade  53:39 And I can't stress this enough, that when I go back to those four things that you have the ability to transact with, barter, cash, Central Bank, digital currencies, or gold and silver is those are intermediaries between things that keep you alive. You have a very limited time to do something about this. And so, I kind of talked about it from a political standpoint where, we’re citizens, we have to do something about this politically and logistically. We're also talking about it from a financial point of view, where you have to protect yourself and prepare for this. One of the things that you have is gold and silver, but I talked about hard assets as well. But ultimately, this is a decision and this kind of goes back to what I was talking about before. So, you're going to have to make a choice between options, right?   Bryce Wade  54:19 So, the options that you have, are essentially reliant or relegated to what they're trying to give us. So, they want to give us only one option, which is Central Bank Digital Currencies. And the way that they're going to do that, and what I'm kind of illustrating with our talk today, is that what we currently have has to crash so that the whole Great Reset thing that they're talking about, well that has to - that reset button is the collapse of what we currently have so they can roll out the next level or the next step, which is the endgame. Central Bank Digital Currencies are the endgame and if you don't want to be in that system, you better have another option.   Will Dove  54:52 Yes. And for people who don't understand perhaps just how dire vote threat this is. Many people don't know, there's already a country that has a digital ID, which would you need to do anything. It's Iceland. They've had it for years. They beefed it up about five years ago in 2019. I recently reported on a gentleman there who went online and talked about it. He said, you can't pay your utilities, you can't pay your mortgage, you can't sign on your computer, you can't buy gasoline, you can't buy food, you can't do anything without your cell phone, and your digital ID. And I've combined that with CBDC's, which they can control through AI's and connect to your social credit score. And the AI can simply say, no, you can't buy whatever, you can't go wherever, because your social credit score isn't high enough. And it's all automated. And that’s what they’re trying to go.   Bryce Wade  55:48 Yes. So, I want everybody to ask themselves this question. Okay? If you can think of the most horrific dystopian nightmarish world possible, what would that look like? What would be happening in that world? What ability to live your life would you have if you had an authoritarian, evil, insane, oligarchy or government that was lording over you and dictating what you could do, and where, and when, and why, right? What would that look like? Well, you only have to look to China right now to figure that out. Because that's what's happening there. And what happens in China is if you say anything, against dear leader, or the Communist Party, or whatever, you get removed, because they watch everything, they see every single piece of information that leaves your phone. And like, if you're near anybody, they can listen to you, they can listen to me, this is 1984 on steroids, right? So, I can't stress this enough. Whereas if you are a freedom loving person that wants the good for your fellow man and woman, and cares about people in the world and doesn't want to live in this dystopian insanity, this is what's coming down the pipeline, like that Great Reset, they wrote a book about it, right?   Will Dove  56:57 That won’t even stop there. Someone reported on a few months ago, and I know this sounds like science fiction, folks. But this is true. They now have a technology, where using just triangulated Wi-Fi signals, they can see through walls, they can see what you're doing in your own house. And it's so precise, it can read writing. They can monitor everything. If they get this kind of power. You know, they get the CBDCs and the social credit scores, they’re not going to stop there. They're going to want to monitor every single thing you're doing.   Will Dove  57:28 I reported last week on a patent that was filed back in 2019 for a system that would be tied to something like a cell phone, but what it is, it's a body monitoring system based on how the phone is moving. It doesn't just measure where you are, it measures what you're doing. So, for example, are you just walking through a park? Or are you walking through a park carrying a sign? Maybe surrounded by a bunch of other people carrying signs? You know where you’ll go for the file to that patent? Microsoft.   Bryce Wade  57:59 Yeah, of course.   Will Dove  58:01 Yes. So, folks, if some of you who were there listening to this interview, and you're thinking we're all crazy conspiracy theorists. No. It's all there. This is all very factual. Now. Excuse me, Adrian, before we move on, though, I think there's a very important economic aspect of this we need to look at. Most of my viewers know that everything's happened in the last few years has been a giant money grab by the globalist, yet another way to take money out of the hands of the common people put it into their hands. Same thing happened in 1929, but this time around, once again, it's probably going to be different. If they get away with what they're going to do, market crashes, now they replace it with CBDCs. Where did all those assets go? What is the mechanism by which they're transferring it into their hands?   Adrian Spitters  58:51 What it is for like with the stocks is going to be tokenization of stocks, those assets or if you want to talk about the collateralization of the assets in the hands of what we call super creditors, like right now, you as an individual actually don't own the asset you have. When you put money in a bank, it's put on the books of the bank, if you put money in a brokerage account with your stocks or bonds, they're held on the books of the of the bank. So, if something happened to the bank, those assets are captured by the bank. You have a claim on them. You have the right to use those assets, but you don't own them as long as they're in the banks. And if that bank was under - then there's another layer of creditors above that, ultimately, it would be the IMF or the, I think the IMF or the Bank of International Settlements. That's the final creditor that actually owns the assets. And this has been in the works for many years and it really got started in 2008.   Adrian Spitters  59:58 So ultimately nobody owns anything already, it's already in place. The only thing you can do to protect yourself is - I always talk in order of asset destruction. What assets are going to go down first? Bank deposits, government treasury bills, bonds, etc. But if you're owning assets, like stocks, or maybe even bonds, if you hold them in what's called custodial form, they may survive a little longer than if you had them at a brokerage insurance. With ownership of land, use a little bit more protection. Ownership of real estate, a little bit more protection, because it's not on the stock market, it's not tied to the banks, you have that paper, but then there again, you are not the actual owner, there's another level of creditor that can actually take those assets. So, at some point, every asset is going to be affected.   Adrian Spitters  1:01:04 But there is an order of destruction, that the easy assets will go down first. And the ones that are removed from the obvious, could go down at a later time. And ultimately, owning precious metals is your ultimate safety. But then just like in the ‘30s, the government could confiscate your precious metals as well. So…   Bryce Wade  1:01:28 Why politics is still important.   Adrian Spitters  1:01:30 Nothing is safe from a total destruction because you own nothing, and or they control where you have your assets.   Will Dove  1:01:35 Alright, but that's of course, getting to the endgame. Let's talk about not quite there yet. And an allegory you've given in the past is your car. You own your car, but what if the dealership that sold you that car has that car listed as an asset and they owe money to somebody? And under the Bank of International Settlements rules about preferred creditors, well, no, sorry, you don't own that car. That preferred creditor gets to take your car. It’s essentially correct. Okay, if that's correct, then the question that I want to get into, is there any way to protect yourself against that? I mean, and I think the car is a great example because you have to have a car, you got to be able to get around.   Will Dove  1:02:17 The problem with that is you don't even know that they have, you could buy a car for cash, and you have no loan on it. Because you think, okay, I borrowed to buy the car, so then the car was pledged as an asset to the bank, right? And then the car is paid off, and then you no longer have that asset as collateral for the bank, for the car. But the dealer, when they buy the cars, they take the card out as inventory, they're all listed as collateral, because they're borrowing money to buy the cars from the actual manufacturers. Well, that collateral is never removed from the dealership, apparently, which I found out recently. So, if a dealer goes under, they could basically go after your car if their credit needs aren't met. So, you never really physically own your car.   Will Dove  1:03:09 My suggestion for those who are watching, who are concerned with, what do I do about this? If you have a $60,000 car, sell it, buy a used $6,000 car and invest the other 54,000 into precious metals, farmland, whatever, something safe, don't have that much money sitting in something that they could potentially just come and take away from you. Does that sound about right?   Adrian Spitters  1:03:31 Yeah. I mean, right now with dealerships going under, our car sales are plummeting, so you're going to see a lot of dealerships go under and then your expensive car is going to be at risk. So, I would be de-risking by getting rid of assets that are at the at the peak of being repossessed.   Will Dove  1:03:51 So, Bryce, any comments in regards to what Adrian was just talking about?   Bryce Wade  1:03:56 Yeah, and so, there's a really important video that I think everybody should take a look at if you have the opportunity. Now this guy is George Gammon, fantastic Financial Analyst. He's been in the game a long time, really understands on a deep level how a lot of things works. And this in particular, is one of the best videos I've seen. That is the technical specific, but simply stated and explained how a central bank digital currency will work in actuality. And Digital ID like this QR code right here that's connected to every asset, every person, everything in the world, and so that they can monitor it, track it and control it from afar and from around. You never know who, what, how, when, where, why, whatever is doing the things that's happening with that asset, right. So, that's the genesis and that's the importance with it.   Bryce Wade  1:04:45 So, the other thing is that what we're kind of moving into now is the manufacturing aspect, right? So, all human civilization is based on physical assets. We're physical being in a physical world and we require physical things like food, water and utensils and stuff to live our modern lives, right? And so, what is happening right now is that those industrial assets and those assets that we use for all sorts of different things throughout our lives are trying to be seized control of by various different means. If you ask about how this could potentially work? So, one of the things that is happening, and one of the good examples of the communism that I continually talk about, is, if I force you to sell an asset, the value of that asset goes down, because you have to sell it to make whole whatever your debts are, right?   Bryce Wade  1:05:36 So, there’s a really great saying that I heard long time ago that – “Gold is the currency of kings. Silver is the currency of artisans. And debt is the currency of slaves.” Well, our entire civilization is now in debt to who? The central banks, right? And so, if they call in that, debt, you owe us a whole bunch of money, right? Well, where are we going to get that money from? Well, we got to sell assets, because that's what's worth any amount of money. And so, the capital gains, bringing it back to Canada that they just implemented. So if I have to sell a bunch of stuff, and I made a capital gains, well, they’re taking two-thirds of that! That is insane, that anybody could defend that stats that I should give the government two-thirds of whatever I need on my personal asset, took all the risk, and then you get two-thirds of it, because you said so? Bro, get out of here with that man. That is absolute insanity.   Bryce Wade  1:06:22 And so, what I'm making a point of here is that if you have to sell something, to survive, the value of that asset goes down. If everybody's selling that same asset at the same time, it's going down real fast, real-quick. And that's what they're banking on, is that this is how they're going to get all of these assets as they're sitting flush with cash right now. They just printed out bajillions of dollars. So, let's think there's $100 billion in society, right? If I print $500 billion, while I can go buy $100 billion with assets, pretty easily, right? Because I have all this money sitting in this account. Now I was like, hey, would you sell this for 20 bucks? No. 200 bucks? No. 2000 bucks? No. 2 million bucks? Sure. Well, I've got so much money that I can do that with. I don't care what price I get it at. It's a discount to me because I have so much sitting there printed out of that air, right?   Bryce Wade  1:07:11 And so, this is one of the core things that is happening throughout, not only the Western world, but in the world in general, that all assets are being bought out, if you will, from this printed money. So, this is the disease of central banking, is that it allows sovereign states to have an unlimited checking account that they can print into reality without a commensurate and equal increase in the value of the economy. And it distorts what the actual economy and reality of transactions are. And that's what's happening right now is that they are preparing for this, when that crash happens, they're going to deploy all that money, buy everything up, and hand it over to the central banks or whatever. I don't know that part of the plan yet. But regardless, is it's not going to be in your hands, it'll be in their hands.   Will Dove  1:07:56 Yes. Now, so far, gentlemen, we've been talking about assets, really, in the sense of, of what people would think it was a personal asset. But of course, it gets this picture is much bigger than that. Earlier, before the interview, we were talking about resources, and manufactured shortage of resources. And an extremely important point that we have to keep in mind. And it was, Bryce, you pointed this out to me. It's not just the resources themselves, for example, gold and silver, we tend to think of that as an investment. But precious metals are used in manufacturing all the time. And any kind of technological society, as you pointed out, Bryce, if you shut down manufacturing, you shut down the society. So, if there's no resources for them to manufacture with, now, we have an even more fundamental problem.   Bryce Wade  1:08:46 Yeah, and I think one of the core aspects to that is what is the things that we produce. And so, food and water are always something that I go back to because it is the base minimum of all human civilization. We were an agrarian civilization for, basically, the vast majority of the time of humanity, maybe not if you go like pre-agrarian, I guess, like so we were like roving bands of hunter gatherers and stuff, right? But as a civilization, which basically started truly in the agrarian epoch of humanity, you produced very little, but you were self-sufficient. You were sustained by the land that you were on. And now we've moved into a postindustrial where we have industrial, but we've moved beyond that being the core aspect of our civilization. Now we're into attack and information and monetary, we’re essentially in a monetary epoch right now.   Bryce Wade  1:09:42 And so, what would it look like if we were to re-secure all of these assets and have us as individual citizens have true property rights and the ability to live a free life and all these types of things, and how the precious metals fit into that. And then Warren makes a good point that this is financial sovereignty. And your ability to transact and your ability to secure assets and industrial assets and manufacturing and stuff we have in Canada, all of the things necessary in history to be self-sufficient and powerful and not give a shit about whatever's happening around the world. We have all the energy that we need, we have all the lighting that we need, we have all the food that we need, we have all water that we need, we have literally everything that we need to be completely self-sufficient. And the only reason that we're not is because garbage policy put us here.   Bryce Wade  1:10:25 So, I want to make that really, really important point is that we can be exactly what we want, we have to organize and take steps to oppose all this nonsense that’s happening. And you kind of see that and this just happened over the weekend, actually, is that all across Europe, people are like, these idiots got to go. And so, they voted out a whole bunch of different people that were on the far left pushing these communists and policies, and they're like, no more of this garbage. And so, Canada specifically has to do the same thing and be like, I'm not happy with how things are, I got to get involved in, I got to be part of the solution to really affect this change and protect myself and my family and my community, and my country, and my society and my civilization, and ultimately, our species.   Will Dove  1:11:02 Right. Now, Warren, I want to come back to you, because we were just talking about this about precious metals, they're not just an investment. They're used a great deal in manufacturing. Of course, it's not just gold and silver, there's platinum, there’s whole bunch of other ones. And we're going to get to a conclusion here very quickly, folks, if you haven't already picked up on this, these shortages of these resources, it's being manufactured, it's being made to happen. So, Warren, how does that affect people investing in these precious metals?   Warren Keane  1:11:31 I made sure on the screen before, but it really holds trough. It's a solid overview. So, the industrial demand for these metals, so, we obviously know that the monetary demand, interesting to know, because I'm going to talk about silver, your silver was used as coinage before gold. Like it's longer, longer history of using it. The Romans, for example, paid their troops, paid their civil workers in silver, not gold. So silver, the industrial demand for it is approaching 60% now. And a lot of it's to do with these things here, the solar panels in particular. They keep the usage growing proximately 20% a year. And the forecast is that will continue at least till 2030. The governments in the West have all these targets.   Warren Keane  1:12:30 There's also of course, electric cars. Now electric cars have got a setback where some manufacturers in North America actually curtailed the production and so on. But nonetheless, they need silver. And also, this is even bigger, which is microelectronics. So silver is still the most conductive element, the most thermally conductive and ductile, so it's used in all microelectronics, these computers we’re on today. And what we're seeing lately is a new thing where we have industrial companies like Tesla, like Samsung going and making deals with refineries and mines to secure their allotment of silver because of the shortage.   Warren Keane  1:13:26 And silver also has this medicinal qualities, medicinal uses. You might recall that that one either the bottle in the middle there, maybe your parents, maybe even yourself, your grandma, perhaps had colloidal silver in the cupboard because of its anti-microbial properties. And now we're using it for, in the middle there, for hip implants and all kinds of things, again, because of its anti-microbial properties. So draping demand for silver yet we have this kind of thing. Now to switch, this here is a letter written to the Ministry of Energy and Mines in Canada. And it's from the mining industry. 20 mining executives have signed this document. I'll show you that down here.   Warren Keane  1:14:20 So, these are all the mining executives who signed this. They did a similar thing in France and the US where they are imploring the governments, they want them to recognize silver, designate silver as a critical mineral because the governments are mandating the others green energy. Things like here, like our national transition to a sustainable low carbon digital economy, whether you believe in this or not, this is what the governments are mandating in the West. And so, we need more silver and unfortunately, well, I guess we have obvious environmental concerns, you know, open pit mining. And we have a lot of stakeholders, we have First Nations in Canada, we have, you know, a lot of different stakeholders, and they all need to be - we all need to work together as a nation.   Warren Keane  1:15:20 But basically, there's a big shortage of silver. And so, there's this disconnects between the mining industry and the government. The government wants to mandate all these things yet, like you guys, I think, like Bryce was talking about before. We have the resources here in Canada. In fact, when Biden came up to Canada, a year ago, year and a half ago now, he explicitly mentioned mining, as we have sort of the world shifting, you know, the whole power system that's shifting, we're moving away from, say, China who has mined a lot of critical minerals, we need to take up the slack ourselves. So that's what's going on with silver. How else can I answer or what do you want to ask there, Will.   Will Dove  1:16:15 You might curse me, Warren, because I'm going to put you on the spot now to do some math on the fly. Because I'm putting together some things that you've already said in this interview. Earlier on, you showed us the projected need of 1.2 billion tons of silver this year, and a projected production of somewhere over 800 tons, sorry 800 million tons, which by my simple quick math says we're 30% away of what we need to be producing. And then we're going to go to that pie chart you just showed, where sure that 56% of the demand is industrial. And I was looking at your notes on that. A lot of that is solar panels, as you were talking about, medical uses, and a lot of that stuff is being driven by a false narrative, the green energy narrative, the fearmongering over viruses, etc., etc.   Will Dove  1:16:59 I'm going to go now to the other direction from where we were earlier, we were talking about, well, let's assume what happens if the globalist wins and they get everything they want. None of us here believe that's actually going to happen, folks, we all believe the globalist are going to lose, they're already losing. They're just too arrogant to know it yet. So, let's go the other way and say so when they lose, and all of those ridiculous narratives go away? What kind of impact does that have on the demand for silver? When you take all of that out of the industrial market?   Warren Keane  1:17:29 Yeah, I mean, that's a good point, you know, that is like, and let's just say overall silver, it is more a smaller market than gold, is approximately eight times smaller, it is more volatile in pricing, it always has been. It's also behaving right now, like it has behaved in the last couple of secular bull markets in our lifetime, which is gold leads the way, gold starts ratcheting up, and then silver comes behind it. But I think, Will, we're getting to your point is really good that if the need for this industrial demand decreases, you know, does that suddenly, will that help? How's that going to affect the market? The silver. And this comes back to supply and demand.   Warren Keane  1:18:18 Right now, the statistic I read the other day was, we have about 2 billion ounces above ground. And if you're taking out, we have a deficit based on those numbers, 850 million ounces of production, 1.2 billion in demand, you know, the shortfall there approximately is 350 million ounces. And a couple of years that goes away. Four or five years, our deficits, the ground supply is gone. But to answer your question a bit more, yeah, sure, if we stopped producing solar panels, of electric cars, because we don't believe that and we end those plans. The demand assert is going to go down, I believe solar panels about 20% of the industrial demand. But microelectronics, there's no substitute for it, still.   Warren Keane  1:19:13 Copper is a great conductive metal, but nowhere near like silver. And also, silver's very, what's it called, there's a better word for it, malleable, like you can stretch it very thin and get wires for microelectronics. Let's talk about a development. These AI plants, they need tons of silver. The military, as Bryce alluded to before, needs silver. So even if we knock out 20%, let's say 25% of the industrial demand from the green economy, we still have all this other stuff. And here's one word thing on this question, Will, is that mining. So, mining of silver, you'd say, well, we live in this abundant land, we probably have some of the most - we're number four in production, Canada in gold, I'm not exactly sure where we are with silver. But we have silver mines all over. Our silver in the earth in Canada all over the place.   Warren Keane  1:20:25 The thing is, though, it takes many years from finding silver, to mining it. Part of it is the whole permitting. But it's very capital intensive. Just imagine you need all these experts, these geologists, you need to pay these people, you need to - I heard a statistic from Keith Neumeier the other day. He's a Canadian, really big in mining, something like an average mine will take $20 million a year just to keep it going. And it might take 10 or 15 years to actually start refining silver. So, it's not a switch, we can just turn it on overnight. So, we really don't see, even with you know, going back to your question, if we had a curtailment of the need for solar panels, electric cars, we still have a problem.   Will Dove  1:21:23 Alright, Adrian do you want to add?   Adrian Spitters  1:21:25 I just want to add with AI, there's going to be explosive growth in server farms just to basically do all the calculations and maintaining the databases that run AI and I don't think AI is going to go away. If they fail, and we win, we will be able to capture and use AI for good purposes instead of bad purposes. So, I don't think it's a technology that's going to go away. The other thing is the ETF market, a lot of the price of silver is artificially kept down for a number of reasons. One is that the central banks and even like J.P. Morgan, want to keep the price down, so they keep buying it. But then also from an industrial perspective that keeps the prices down for industrial production. If they lose, if, you know, we win, then maybe the silver contract, like 400 pieces of paper for one ounce of silver, disappears. And then the true value of the silver is reflected in demand.   Adrian Spitters  1:22:25 So, we got two things that could possibly make up that difference. So, I don't think, like Warren says that there's an issue with silver prices or gold prices may be coming down, because the true value is not really reflected.   Will Dove  1:22:42 Bryce, did you find out anything else before we move on to what I'd like to go next, this Disease X, avian flu, but did you have anything else you want to add before we do that?   Bryce Wade  1:22:50 Yeah, just really briefly, a couple of things to consider to add to this aspect of the conversation. So, he mentioned military because I mentioned military, right? So, the military aspect of this is, so silver is the number one conductor, and it is the standard. So, if there's a rating scale of 1 to 100, the silver is 100, I think gold is second and copper is third, and copper is at like 93 or something. So, the difference is about 10% roughly, of the kind of the conductivity. But silver has that industrial demand because of its connection to electricity. That's why it's valuable.   Bryce Wade  1:23:23 And so, in military aspects, there's a lot of silver in military aspects as well. And so, the parts that I consider about this when we're talking about supply and demand, you have to think for a second that we operate and we've operated our entire - everybody here, everybody's watching this, our entire lives have been operated on the Bretton Woods system that was America's superpower and only superpower but more or less superpower because the USSR essentially collapsed. They weren't really the worldwide superpower, the Americans were because of their navy, right? And so, under that system, we could essentially get anything from anywhere, go anywhere with it, and you have this very integrated global system. Well, that's breaking down right now, not the least of which because they want it to, but because of our bifurcation of the of the economy, right?   Bryce Wade  1:24:05 And so regardless of if there's not enough supply on the other side of the planet. If there's not enough supply here where we can access it, that demand is still high, because we can't get it right, because remember, China is the main processor of most of the heavy metals and rare earths gold and silver as well, to some degree, maybe not so much anymore because of the China is trying for isolation that's happening right now. But ultimately, the demand for these materials is going up. And the only thing that's going to curb that demand, and this is something that nobody is talking about. So, you know, FYI, but the only thing that's really curb that demand is a decline in population.   Bryce Wade  1:24:50 So, under all of human history except for the Black Plague, we had an increasing population which increased the demand on all of the things that we produce and increase the knowledge and the stuff that we could do because we could hyper specialize in this stuff. Well, if you have a whole bunch of people die, and a whole bunch of people not making babies, which is happening all over the world right now, for various reasons. Well, that's a problem for the economy that is based on growth. And if you don't have as much people buying stuff, you don't have as many people with money to buy stuff. Well, the demand for everything falls, right?   Bryce Wade  1:25:19 And so, what we're really looking at further down the line is when that problem truly starts to rear its head, which is happening in China, right now, it's coming down the pipeline in our country, and all the western countries right now. But in another 5 to 10 years, that will be one of the major problems of the economy, is who's going to be buying stuff. Because if you don't have kids growing up, you don't have people in their 20s and 30s, working hard to advance their life, and you only have people that are retiring, that are trying to save everything, or hold on to something and just enjoy their lives, while our economy is inverted. And we've never been in a situation like that in history. And Peter Zeihan, if anybody knows that, touches on and does a good presentation on this, called the “A Peak Past, The End of The World”.   Bryce Wade  1:25:58 I don't like him for a couple different reasons. It's kind of a political hack to some degree, but on demographics, and economics of the logistics of how our economy works. He's really good on that stuff. And that's one of the examples that he gives is, this is something that nobody's really dealing with. And so, to bring it back to precious metals, let's put a bow on this, is that the precious metals that you hold in your hand, and will always be valuable to some of you because it's a physical asset, right? And so that's something that nobody can take away from you and your family unless they’re trying to kick the door in, which has happened in the past. But it's better than just having the ability for them to push a button and take all everything you own.   Bryce Wade  1:26:35 So, my last thing that I'll say on this is, if you think that any of the things that we've talked about are a problem, go talk to your financial advisor and ask them about any of this stuff. What do you think of this? What do you think of that? Have you thought about this? Have you thought about that? And I'll ask them the ultimate question. What do you think about precious metals? And if they say it's a bad investment, they don't know what they're talking about.   Will Dove  1:26:54 I could have added more to this discussion about the manufacturer shortage of materials and how it's affecting manufacturing. But we're only having about a half an hour left, and we have some very important points still to cover. So, we're going to move on. Adrian, I’m going to be kicking this back to you in a minute after a little bit of a preamble. You and I have traded a heck of a lot of emails about H5N1 Avian Flu. I recently released an interview while actually by the time this comes out, it will have been recently released an interview with Dr. Peter McCullough, who was absolutely convinced based upon the evidence that H5N1 is Disease X, the WHO’s Disease X. But here's the important thing, they're fearmongering with this because we’re talking about Avian Flu, and historically how in the last 20 years or so there's been about 800 recorded cases of it globally. And it's had a 52% case fatality rate, which sounds scary as hell.   Will Dove  1:27:42 But Dr. McCullough makes some really good points. Most of those deaths happened in underdeveloped countries, poor nutrition, poor access to medicine, and of course, right now, the only way you can get H5N1 is to come in contact with an infected bird. It is not an aerosol; you can't breathe it in, people can't pass it amongst themselves. And so, the question that I asked both Dr. Malone, who's interview was already out, and Dr. McCullough about this is once they're done monkeying with it and we know they are, they've been doing gain-of-function with it since 2021, at the very least probably longer. We had the extra rector of the CDC, Robert Redfield talking about how he could have weaponized this thing in a few months and made it so it could infect humans and passed between humans.   Will Dove  1:28:31 And so, the conclusion that Dr. McCullough and I came to was they probably already have, they just haven't released it yet. But the question I asked was, once they're done monkeying with it to make it something that can be aerosol transmitted to humans, passed between humans, how virulent is it going to be. And the opinion of both Dr. Malone, and Dr. McCullough is another flu. Which means that once again, the entire narrative is going to be based upon fearmongering. And I want - because I know you pay a lot of attention to this, Adrian, and I really want your opinion possibly beyond the scope of your knowledge of finance, just your whole knowledge of all of this because I know that you've looked into this deeper than I have. How are they going to get away with that? When essentially what we're looking at here, from what I'm hearing, if the doctors are right, it's another COVID. Well, they already pulled that trick once. How are they going to do it again?   Adrian Spitters  1:29:29 Well, they're using the farmers this time. They're basically using the Avian Flu as a way to fearmonger the farmers into complying. They're basically burning down massive farms. They're taking down farm by testing a single farm with you know, does a bird have the affection and when they identify an infection, they not just destroyed out one bird or the immediate birds around, they will then tell that the farmer has to basically destroy all the birds. So, they're actually attacking, or they're doing a twofold thing. They're attacking the food supply by burning buildings down. They're attacking the food supply poultry by creating this infection. And I can have a personal story here. The next slide is that one of my clients who operates a fairly large farm, last December, had the Canadian Food Inspection Agency or CFIA identify a dead bird in a ditch on the side of a road which is like a thousand feet from any closest barn.   Adrian Spitters  1:30:55 And because there was a debt wild bird adjacent to the property, they said, “We got to test the birds in the barn.” And these birds are inside of a barn, there's no exposure. So, they come into the barn, they test two birds, client said that he asked for the test results, and they refuse to show the test results. They said that the birds were infected and was ordered to destroy all the birds on the whole farm. And this was a substantial size farm.   Adrian Spitters  1:31:34 So, without evidence, without the client seeing the actual evidence, they had to basically destroy all the birds. And they have to fumigate or they have to euthanize the birds or gas them, then they have to spend a lot of money to burn the birds, then they have to disinfect the whole barn, they have to take all the feed that was there, they have to destroy that, they have to basically everything has to be removed. So, the farmers use the auto production for about three to four months before the - and they don't earn any income while they're out of production. And they say, Will, if a farmer has to destroy the birds, they will get compensated. But in reality, they might get a quarter of what the cost is in loss.   Adrian Spitters  1:32:27 So, the big problem is going to be and this is why I think they're using the Avian Flu as Pandemic X is that the farmers are very fearful of CFIA, they're going to comply. Most of the bird, most of the farmers believe it's very, very contagious. It's something that has to be dealt with. With COVID, when we isolate ourselves from the sick people, so that we don't spread it, in case we're asymptomatic. With the farms, and here's a catcher, when a bird is detected of having the flu, which is by the way they used the PCR tests to test them. So, we know where the PCR test goes, right?   Adrian Spitters  1:33:18 Nowhere have they ever said that the meat is an edible. You can eat the meat, so you have a bird that's infected, you cook them, you cook the meat, and the bird is edible. So why are they killing the whole flock for one or two birds that test positive? And there's no indication that they have even really tested positive other than they use the PCR test to create a false positive. So, the farmer has no choice but to comply. So that is how they're able to create the fearmongering, is that they're going to basically hold the farmers to go along with the narrative.   Adrian Spitters  1:33:58 And recently there was a video that came out where Dr. Tam and the health ministers on around Canada, they had a zoom call about how to basically push the narrative. And what they were talking about is how they're going to start testing the milk supply as we've already heard that, apparently, that the bird flu has now passed throughout the cattle in Texas. She was making this point, she was on the show and she just wanted to make a comment that the bird flu passing out the cows is maybe in her mind, what she's saying is that the cows aren't infected with the bird flu, but they are vaccinated with, you know, the vaccines which are made through with using - which contain the actual virus in it.   Adrian Spitters  1:35:09 And so now the vaccine contains the virus, so they're actually testing for the virus that's injected through the vaccines. So now you have cows that test positive, but they're not sick, right? There's no indication that the cow, how do they even know that it's the bird flu? A cow does get sick, they get watery eyes, they get pinkeye, they get all kinds of things, but none of it really is tied to the bird flu. But now they're making that tie. But they're testing positive, because they are vaccinating for it. So, her suspicion is that the cows are not infected, they have, the markers of it from the vaccine itself.   Will Dove  1:35:54 Now, Adrian, as you're telling that story, and based on some conversations we've had, and a gentleman in BC, who you put me in touch with, who has been paying very close attention, and is gathering data on it. It's very significant. First, all the testing was done based upon finding an infected bird in a ditch distance from the farm. Okay, we have no evidence or proof whatsoever, that that bird found its way there naturally. Or even that it actually was infected.   Adrian Spitters  1:36:23 That, he never saw the bird. He just said it, they just said it.   Will Dove  1:36:27 Right. And now they test two birds in his massive farm. And I got two things that I learned from the gentleman who you put me in touch with, is that these barns are almost hermetically sealed. The processes they go through to keep those barns sterile, to protect the health of the birds are ridiculous, we don't have time to go into it. But they destroyed every bird on this farm, when the likelihood that that infection could affect more than one of those barns is extremely low. It's extremely low, cost effective, and they killed all of them. That's insane. Now, this expert you put me in touch with, and we were talking about 6 million birds pulled in BC in the past year. And I asked him to do the math, and it came back. He said, well, it's actually only 4% of the total production. I said, well, that seems kind of low. And he said, well, not really, not if it's a psyop, as you've been talking about to prepare the farmers for the idea that they are going to get hit with culling their birds as you said, they're afraid of the CFIA.   Will Dove  1:37:26 And so, what we're looking at in this picture, to me is a model of that, where they're going to come in and they’re going to destroy all the birds and all of these barns, even though the likelihood that there could be an infection, more than one of those is almost nil. So that they can then come back later, having primed that psychological pump and say, well, we're finding these infected birds across the province. So, we have to destroy all the chickens, everywhere.   Adrian Spitters  1:37:51 It is now killing people; the death rate is 60% or higher than what they're claiming. So now we got to destroy everything to eliminate all trace out this virus and all the flocks in a particular area. So, most farmers do not understand that this is all been manipulated. I came across a video the other day that on redacted that they've been doing gain-of-function on bird flu for almost 20 years. So, they're doing the same thing. And bird flow was probably the main flu that they were working on for years and COVID was a test for the big one. Because here we have massive compliance, the farmers are afraid to CFIA, whether they believe the virus is real or not, they will comply because they will lose their ability to farm. And they have so much money invested in the quota alone. And the infrastructure that most farmers would not survive if they were prevented from shipping.   Will Dove  1:38:54 Unfortunately, one's got to go in a few minutes. So, we need to wrap up. And all of that was background, folks, because what we're here is talking about finances, economies. So, what we need to do now is I'm going to go around all of you gentlemen, I want to - because we need to wrap up. I'm going to ask not just to talk about what's going on with  the Disease X, the Avian Flu, but everything we've discussed today, how it all comes together. And then for each of you as you finish that comment, your recommendations to our viewers on what they should be doing to protect themselves. Warren, your comments first.   Warren Keane  1:39:27 One thing I've noticed, in my travels, or in my day-to-day actually with gold and silver is that we're seeing a lot more friction with financial institutions, funding allowing people to fund their purchases of gold or silver. It's really telling that, for example, many people will wire us money. So, they’ll wire us money to buy gold and silver and they have bank accounts, any banks in Canada. And we see more and more of these banks resisting and saying, well, we don't want to wire that money for you. Who is this company? And furthermore, whenever I've made overtures to speak to the financial institutions like maybe a teller at the branch or a bank manager, saying, this is what we do, we're a Canadian company, we are an Alberta based Canadian company with a long track record, they won't hear it. And so, I think it's very telling that it's almost, like the banks even though in Canada, compared to our, say, our friends down South, our banks are more capitalized. We have more regulations up here; I think they have liquidity problems.   Will Dove  1:40:45 And what reason are they giving?   Warren Keane  1:40:49 Well, with the wiring, they'll say things like, we don't trust this, this doesn't look good. We've even had some people like, say, this is this is fraud. Some institutions, this is fraud, but like I say, we politely and calmly, want to speak to those institutions, like it's usually a bank manager. What usually happens in real-life, so I'll get a customer phoned me and say, “Warren, I'm at my bank, my credit union, trying to wire money. They're saying this is fraud.” So, I have, you know, because this has happened multiple times, we drive things like, okay, you can speak to our bank manager, TD Bank for example. Or let me speak to them, and I'll explain who we are, what we do, and you never did any of that. And they resist it. So, to me, it's just very telling that maybe financial institutions don't want us to have gold and silver because it is financial sovereignty, because it can't be printed. But also, maybe because the banks are starting to have trouble themselves.   Warren Keane  1:42:01 Adrian would probably know more about that. I mean, in the US, it's a lot more overt, right? They've had bank failures, got five last year, and we're starting out this year. Canada, we don't have so many banks, and they are more capitalized. But we do know that you may have bailed on legislation up here. We do know that two of the major six banks have been designated as G-SIB banks, which means globally systematically important as if they're too big to fail. But yeah, and I guess, as far as the banks go, we know that a lot of them, especially credit unions, smaller institutions are exposed to the commercial real estate sector. You know, they lend money out to the commercial real estate developers, and that sector is in trouble. So, through the association of banks are in trouble, too. So, I guess I see that in my travels more and more. So, to me, my message is getting some of your holdings into gold, silver now, while we can still acquire it.   Bryce Wade  1:43:11 Don't wait to be last right? Don’t wait to be the last.   Warren Keane  1:43:15 I got a couple of slides here. I'll just sell keep it short and sweet of just what we're offering. What we offer as a precious metals broker. Okay, so…   Will Dove  1:43:24 While he's doing that, so just to kind of give a quick summation of everything. The gold and silver that you have the ability to get now will not be there at some point in the future. So, when I say, be first not last, every time in history, this has happened. And it has happened lots of times throughout history, not the least of which in 2007 and 1929, there was a run on the bank and the people that were last, they realized last year, found out about what was happening last, they lost. So don't be last. If anything that we've talked about makes sense to you today, you want to take action, take action on protecting your family, getting food, protecting your family, buying assets, getting gold and silver, whatever you think is the best choice to go and do something about these problems that we face, go do it and do it now.   Warren Keane  1:44:08 Okay, I’ll start over. Okay. New World Precious Metals is a Calgary based company, Canadian. Have been in business since 2016. The founder Greg Mather, he has been in precious metals for 30 years. So, we got a lot of depths in our company that way. And I follow a lot of people in the space and Greg is great, as good as any of them. He's really, really knowledgeable about precious metals and seen bull markets come and go. One thing to mention here is that we have an international flavor. So, we also have clients and places like the UK and Greece, South America, Venezuela, Belize, Panama, I've just dealing with a client right now in Panama. And so, we have as well as every province in Canada, we have customers outside Canada.   Warren Keane  1:45:04 The other thing here is, we're a broker that can make that distinction. So, we're not a gold dealer who buys precious metals, and then sells it to the public. We work with the largest suppliers in North America and find the best deals for our clients. It's what we do. We're also a partner with Questrade. And we've been with them for almost eight years. Questrade is the largest independent broker in Canada, not owned by the big banks. And we work with them. So, you can hold physical precious metals in your Canadian registered accounts, such as an RRSP, or a TFSA. LIRA, those kinds of accounts.   Warren Keane  1:45:49 We also have an equivalent in the United States with GoldStar Trust, we have to follow all the FINTRAC rules, of course of anti-money laundering, anti-terrorist financing, the Better Business Bureau. Now, it's important to say who we pick, we are not as well, we are not financial advisors, we are registered as a precious metals broker. But even though I believe, I feel sometimes that I know as much as my own financial advisor, certain things, we are not officially financial advisors. So those are our two partners. I mentioned Questrade already. The other partner here is Precious Metals International.   Warren Keane  1:46:31 So, on those two entities, we are brokers with those companies. And Precious Metals International, is the provider of our international wholesale program, which is physical gold and silver, with an international flavor. Here's the three things. And I, you know, I don't want to bore everybody with these details right now. But we have this International Wholesale Account with Precious Metals International. We believe it's the Best Overall Value, and we're getting a lot of people, it's very attractive to people now, because of the international flavor, you can actually have precious metals delivered to you outside the country. And you can sell your holdings at any time and so on.   Warren Keane  1:47:17 We have this Registered Account, again, where you can take for example, your RRSP store physical precious metals in it. And also, we have home delivery of precious metals. And one thing about that International Wholesale Account is it works also for companies. So, for individuals and companies. So, for corporations, if they choose to invest in physical precious metals in keeping something on your balance sheet and a physical tangible asset. So, we have some of the big companies actually in Alberta, in that International Wholesale Account. And for what it's worth for your investors, for our audience today. I'm an investor in this platform, as well as our most of the brokers in our company.   Warren Keane  1:48:12 So, it's very liquid. We like this about it. What does that mean? It's easy to buy and sell. You can withdraw fiat currency right now, and have that sent to any bank account in the world including the bank accounts in Canada, but you can also get physical delivery. You can see your account online. This system, this international system, they have vaults all around the world. They have vaults in Canada, the United States, Caribbean, Singapore, Switzerland, Australia and they are secure vaults. Another thing we can do with this program is do a collateralized loan, because they have your physical precious metals as collateral, they will lend you no questions asked up to 80% of your holdings.   Warren Keane  1:49:04 It's not free money by any stretch of the imagination. It's up 12 and a half percent now for that. What I like about this program, and another thing I like about it is it's transparent. These are the fees to buy it and those are the fees to sell and you could compare buying, say, silver today. At any exchange around Canada, you'll pay - I looked yesterday for customers 14%. So, 10% to 15% for sure right now for silver compared to 5% to 7% in this program. There are storage fees 1.4% and its fully insured includes Lloyds of London.   Warren Keane  1:49:45 Another thing I'd like to add here, it's not a new company. This is not a new thing. Precious Metals International has been in Canada for 23 years and it is outside the banks. We, as a company, regardless if you go with this offering, or if you just come and have precious metals delivered to your home from us, for example, we enroll you into our newsletter, and it comes out bi-weekly right now, it used to be monthly. Now, it's bi-weekly, I think.   Warren Keane  1:50:17 And I'll just end with this. Why should we do precious metals now? You know, why now? Like, Bryce said earlier today, it is a little bit of watch what they do, and not so much what they say. And central banks around the world are by record amounts of precious metals. We've had bank failures; these are facts. We have government overreach, you know, we've had that everyone knows about the trucker convoys what happened, they froze bank accounts. We know central banks; central banks are working on digital currencies. There are over 100 countries working frantically right now. We've talked about this. This is another reason to protect your wealth. Tangible. Inflation is a very real thing. I'd like to lose out on the inflation front that the government likes to give us to statistics that they're patting themselves on the back right now and say, yeah, we're taming it in Canada, and we're lowering the rates a little bit lower to just 25 basis points there the other day. But this inflation is systemic.   Warren Keane  1:51:31 And we all know groceries and energy are costing us. And we believe the stock markets overvalued. We've talked about this today, industrial demand of silver, increasing, resulting in a supply deficit. And I guess, ending with that one, is that gold and silver have this long history of humanity of protecting your wealth. This is the number one reason to hold physical precious metals, as wealth protection, although sometimes, throughout history, there's been a chance to actually grow your wealth. And we believe we're in one of those times. But the main reason you should think about investing is to protect what you have. So, I'll end there. And I just want to thank you very much, Will, again, for the opportunity to share this information. And yeah, it was great. And thank you to Bryce and Adrian as well.   Will Dove  1:52:27 Thank you, Warren. And I think one thing that I should, I would bet more to mention, that I know would be appealing to any investor, regardless of its $5000, or $500,000, because you are a wholesale brokerage, and the fees are so much lower, that means the value doesn't have to go up by nearly as much to make a profit.   Warren Keane  1:52:47 Yeah, in particular, that wholesale program gives people a lot of options, you can still get from the wholesale program, you can take delivery, but we see a lot of Canadians now. I mean, I want to come in and say right now, I still love this country. I love Canada, I will be optimistic that we can turn this around. We all know this is very real, though, what's happening, and a lot of Canadians are moving outside of the country, even in relative snowboarding or getting another passport. And so, this international program gives you that option. I like to stress the options of it, you know, not everyone's going to try to move out to Canada.   Warren Keane  1:53:28 But if you do, you can access this account and have physical delivery, or sell and have the money placed in the bank account inside or outside the country. So, it's flexibility and options at a time when we need those options. Do you notice that? The government overreach is very real. We all know this. We're talking about this today.   Will Dove  1:53:50 Thank you, Warren, I realize you have to go so if you just throw your logo up, and I'll continue with Bryce and Adrian. Alright, so Adrian, I appreciate your patience, because we decided to do this in reverse alphabetical order. So, Bryce, your closing comments, please?   Bryce Wade  1:54:03 Sure. So, everybody probably knows me at this point, I kind of talked about the big huge scale of things and what it really means for us, right? So, the overarching underlying things that we're facing right now. And I want everybody to understand this really, really strongly is that we are at worse. People have told you and shown you that not only do they want to come and take everything that you hold dear and everything that you own, I can't think of a better description of what a war is, that is all or nothing, right? And so, you really have to internalize this idea that these people that are your enemies have declared war on you. And is that domestic, is that external international banking system, some communist, some lunatic on the other street somewhere, it all connects to the same thing, which is that we have lost our ability as a community, as a civilization, as the West to assert our authority over ourselves.   Bryce Wade  1:54:54 We're losing the ability to control our own bodies, because that's trying to be regulated out of existence to try control our money. They're trying to control every aspect of our civilization and personal life so that they can control and decide what they do with it. And part of that decision will be to end it. So, what I'm talking about, and what I talked about when I speak publicly now is that you have these things that you got to think about, right? So, this is civilization, right? This is how we exist.   Bryce Wade  1:55:21 In modern times, every aspect of this, and more things beyond this list is under attack right now. So regardless of what, wherever you are in the economy, you are part of this. And we were just talking about people leaving the country, there's nowhere to run to, right? This is a global phenomenon that is going to enslave or kill, or submit or be defeated by every person on this planet, okay? And so, to get to that point, this is what they're trying to do. This is what they're trying to roll out. And for this to happen, what we currently have has to crash.   Bryce Wade  1:55:52 And as I showed earlier, that is going to happen at some point. I don't mind making predictions at all, because I'm doing the math, what I can see, I can see a whole bunch of different things that are going in the wrong direction, the wrong people in charge of things that are not going to solve these problems. And that is the ultimate thing that I care about is what the hell are we going to do about it, which is this, to handle change. This is what you have to have. Your hand needs to be on the levers of power to some degree. And that power might only include you in your life, but you do have power and one of the powers that you have is to ask a question, you have the power to take an action, you have the power to make a choice. And ultimately, those things will result in a result happening at some point.   Bryce Wade  1:56:30 And I did a presentation about this last week, that's where this kind of stuff comes from. So how to change the political landscape in a divided society. So, if anybody wants, they can scan this QR code and watch the presentation for free. I'm not putting it out on the internet kind of openly, but this probably be one of the few places that I put it out on the internet openly. But if you're interested in seeing what I talked about, more than happy to show you that. And if you want to connect with me, you can do so in this way.   Bryce Wade  1:56:58 But I'll leave you with this, this last thing that I'll make, is that you are running out of time, right? And I encourage everybody to go and watch the Canadian Prepper on YouTube that has a very ear to the ground on what's happening with the war, but the war is against all of us. And if you don't fight, you will lose. Because if somebody's telling you that they're coming to kill you, and then they show you that it's going to kill you, if you don't do anything about that, you die. And I don't want that for our civilization, I don't want that for humanity, the West, our species, all that good jazz. I think that we have all of the technology necessary to be a superpower and to eventually organize our society in a way that we don't have to kill each other and fight each other for survival.   Bryce Wade  1:57:39 And that civilization, that society, that structure, that system needs to be built. And it's not going to be built by the people that are trying to kill us. It's not going to be built by the people trying to destroy us. It's not going to be built by the idiots that are already too incompetent and corrupt, to do anything, even regardless close, even remotely close to that. And so, what that really leaves is you, me and everybody in between that says this is bullshit, what are we going to do about it? So, I hope that everybody that watches this is to some degree in that camp of - we got to do something about this, because if we don't, things going to be really bad for us real quick.   Will Dove  1:58:11 Now, Adrian, Warren made allusion to the fact that he's not a financial consultant, but you are. So, at the risk of offending Bryce, I'm going to suggest rebuffed the best for last, like your closing thoughts, but especially your recommendations on what people shouldn't be doing to prepare.   Adrian Spitters  1:58:27 Okay, so let me start off with, I'm just going to share my screen. I just want to start with that the banking prices is not going away. Commercial real estate is getting worse. And we're at a point now that another 63 US banks are on the verge of collapsing. So, the last time we did an interview, we talked about the bank term lending program ending in March 11th. And some of the commentators were saying that it would take up to three months before we start seeing the ramifications of that. We are in basically the third month of that. And we're now starting to see that the commercial banks and if you look at it, a debt right here in 2008 was the residential mortgages that collapse that caused the 2008 market crash. We're sitting on these humongous unrealized losses on the books of banks and that is going to be exposed at some point. So, US banks are in trouble and it's just getting worse as the commercial real estate continues to collapse because of the work in our environment.   Will Dove  1:59:37 And folks, we discussed this chart in detail in my first two sets of interviews with these gentlemen. So, we won't do that again here. If you want to understand better about that chart, you can go back and look at the previous interviews.   Adrian Spitters  1:59:48 Yeah, in this new chart, why are we not seeing the Canadian banks? Our debt situation, to leverage situation, to commercial debt is worse in Canada because our real estate values are a lot higher and our incomes are comparable to the US. Why aren’t the Canadian banks are reporting that they're in trouble? Well, part of the reason is a very same thing that CMHC did back in 2008 is that they were basically the securitizes, that securitized the mortgages. They were buying the mortgages off the books of the banks, packaging them up, wrapping their insurance on those mortgages, and then selling them to investors. So that if a mortgage gets suck a default, then CMHC, which is basically taxpayer money, because they don't have the money, the money comes from the taxpayer, we are basically backing the mortgages that they're buying from the banks.   Adrian Spitters  2:00:41 And look at this year alone, $90 billion of mortgages were bought from the banks are taken off the bank's books. They were given in cash for those mortgages, and then repackaged and then sold to investors and pension funds. So, you might have it in your pension fund or foreign investors. So that's what's happening in Canada. But the thing is, how much longer can they continue to do this, to backstop Canadian commercial mortgages? So, it's coming, right? The other thing I would just say is, residential real estate is going to be a problem as there's a massive amount of mortgages that are going to be coming due in the next two years, whether they're resetting of the variable rate mortgages or mortgage that we're getting, your five year mortgages taken out in 2019-2020, that's going to come due.   Adrian Spitters  2:01:30 And a lot of those people, you know, going from a 1.9% mortgage to a 5% or higher mortgage, they're not going to be able to refinance. So, there's going to be massive pressure on owner occupied residential real estate. So, my recommendation is, instead, there's an opportunity, in addition to buying precious metals is to do what they do, not what they say. In that, they say you're going to own nothing, well, who's going to be owning the rental real estate? There's a massive shortage of housing supply being – maybe we should do it this way, that there's this massive wave of immigration coming into Canada.   Adrian Spitters  2:02:11 And there is no end in sight. The government wants to bring in a lot of immigrants partly to change the voter base. But another problem is they're bringing in potentially as workers to pay for all the entitlements, that the boomers as they retire aren't able to generate anymore, so they need workers to pay for it. But the problem is, we have a massive, massive shortage of rental housing. So, what's going to happen is, a secondary investment or option would be investing in multifamily rental properties as a way of protecting assets. And in addition to or diversifying away from both, I would say, have gold and you have income producing property because there's a massive opportunity in Canada specifically, because our immigration situation is 10 times worse than the US. And, and they have an immigration problem there. But we have 10 times more of a shortage cause for the debt.   Adrian Spitters  2:03:14 So now the other thing I want to just quickly summarize with is Warren brought up the point that we're starting to see a number of clients complaining about their banks, or brokerage firms, or even mutual fund companies not willing to cooperate to let the client redeemed money from their accounts and buy precious metals to the New World Precious Metals or putting all kinds of roadblocks. I've had three clients right now that have had that situation where they said I'm done with my broker because he thinks that I'm making a big mistake, there’s something wrong with me or this is fraud, but they're doing everything in their power to stop the client from making the precious metals purchase.   Adrian Spitters  2:04:01 So, if the audience here is experiencing that, I think that's going to happen more and more, I think the banks are in trouble, that they don't have the cash, they don't want to see the money lead. So, we're able to facilitate that. I work with a very, very, very well-known in the private sector, private Portfolio Manager, we can manage client portfolios on a large scale from investment so you can move your accounts for your brokerage account, your bank account or from your mutual fund advisor. We can accommodate that. We also offer multifamily rental property syndications that takes you out of the banks. These institutions I work with are not bank owned or not run by the banks.   Adrian Spitters  2:04:55 And the other thing is, when you have your money sitting with a bank or a brokerage firm, those assets in law, are on the books of the banks and brokerage firms, and are subject to - if there's a problem with those banks, or brokerage firms, those assets would be taken as collateral. And then you're up to - with us, there's at least a custodial relationship where the assets are held in trust by a third-party trustee. So that if something happened to our private Portfolio Manager, those assets are still held in trust on your behalf. If something happened with these real estate syndications, those are actually trusted arrangements, again, you own those shares. They're not commingled with a broker. So, there's a layer of protection. It's not the perfect answer, because as assets start declining, or as things start collapsing, you want to own those assets that are least likely to be taken away, or the last asset standing.   Adrian Spitters  2:05:51 So, if we win, and we're successful, you're going to be owning precious metals, you're going to be owning assets that have another layer of protection before things collapse, and hopefully we don't get there. So…   Bryce Wade  2:06:04 And if we fail, you steal have precious metals.   Adrian Spitters  2:06:05 And the ultimate at the end, and then if it gets that bad, I would then be just you'll say, okay, it's time to start moving those assets into precious metals as the ultimate layer of protection. But we have layers to go through before we get there. For those who are experiencing pushback from their brokers, then I'm here to help, we can accommodate. And if you're interested in getting a quote from us as to how we would manage the money, we would work with you to buy the precious metals without question. We don't, I mean, I believe in it. I recommend precious metals to my clients. So, there is going to be no pushback from us at all.   Will Dove  2:06:47 Gentlemen, thank you very much, once again for your time, your expertise. And this is our second quarter update 2024. Assuming that the globalist hasn’t won and we're not all slaves, or dead three months from now. We will convene again and do a third quarter update.