Bill Holter () warns of a collapse of the credit system and emphasizes the vital role of precious metals. He predicts that as the credit-based financial system fails, only tangible assets like gold and silver will retain value. Holter advises focusing on easily recognizable and hard-to-counterfeit forms of silver, such as constitutional silver, and cautions against relying on ETFs that may not hold physical metals. His message underscores the need to secure physical precious metals in preparation for a potential systemic collapse.
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INTERVIEW TIMELINE:
0:00 Intro
1:30 Market meltdown
5:30 Margin & derivative risks
18:20 Banking system risks
27:15 Using precious metals
31:29 Forms of precious metals
37:05 ETFs
28:25 Billionaires to buy physical bullion
43:17 If credit fails
49:19 Bill Holter
51:10 Weekly specials
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