Because of the leverage is so intense in London, it takes very few claims for people to basically, you know, blow up that pyramided Ponzi scheme that they have there.

And, you know, it takes one or two percent of the claim holders, I think, that just to say, you know what, we'll take the medal. And the whole scheme very, very rapidly comes down.

But along with that scheme coming down, comes down the banks who have been operating the scheme for all these decades.

And, you know, it was a fun party while it lasted for them.

But now the goods price inflation and the food inflation and the electrical inflation price inflation all starts to bite the average person.

And this is the very, very difficult situation.

All of these paper assets now start to say we'll take something real.

And because these vital assets are a fraction of a percent of all the paper financial

assets that are out there, the thing unwinds very quickly, Sean.

So as I said earlier, I think that

the multiplier is at least six. That was precious metals analyst David Jensen. He thinks the silver

multiplier in this case is at least six. That gets us to $300 silver just to reach equilibrium.

Friends, thanks so much for tuning in.

And before we start, just a quick word.

Guys, I tweeted this the other day, if gold was $20 per ounce in 1921 before it was confiscated and revalued at $35 per ounce in 1933, then what the heck is this when gold goes up over $100?

Well, to me it means gold and silver are likely going far higher when priced in melting

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