700% Increase in SILVER Demand! Your Gold & Silver is About to Become "Priceless" - Rafi Farber

Summary

This video script discusses impending economic turmoil, with the U.S. President's health and European political unrest causing market uncertainty. It highlights the Japanese Yen's decline, potential war implications, and the U.S. Midwest's industrial contraction as indicated by the Chicago PMI. The housing market's slump and sustained high silver premiums in Shanghai suggest a shift in the silver market. The script also addresses the intertwined fates of the Yen and Japanese bond market, predicting a challenging financial landscape in the coming months.

Takeaways

• 😨 Expect significant turmoil and substantial disruption over the next 4 months due to political and economic instability.
• 👴 The President of the United States is reportedly dealing with Dementia, adding to the uncertainty.
• 🏛 Political chaos in Europe is causing concern and is reflected in the currency markets.
• 📉 The Japanese Yen is continuously dropping, with the Bank of Japan yet to respond effectively.
• 🌐 Gold and silver are poised to respond dramatically to the current global turmoil.
• 🏦 Bank Reserves are dropping, and repo volume is increasing, indicating potential financial instability.
• 📊 The Chicago PMI indicates a significant economic contraction in the central United States, with the longest contraction period in its history.
• 🏠 Pending home sales have hit an all-time low, suggesting a struggling housing market.
• 📈 Shanghai silver premiums have remained above 10% for an unprecedented period, indicating strong demand or supply issues.
• 🗾 The Japanese Yen's weakness is directly correlated with the weakness of the Japanese bond market.
• 📊 The percentage of Bank Reserves taken up by repos has reached 60%, nearing the levels that preceded the 2019 financial crisis.

Q & A

What is the main theme of the video update?

The main theme of the video update is the significant turmoil expected over the next four months, with substantial disruption due to political chaos and economic challenges.

What health condition is the President of the United States reportedly dealing with?

The President of the United States is reportedly dealing with Dementia.

How is the political chaos in Europe affecting the currency markets?

The political chaos in Europe is unsettling the continent and is reflected in the currency markets, with gold and silver expected to respond dramatically.

What is happening with the Japanese Yen in relation to the Bank of Japan's response?

The Japanese Yen keeps dropping, and the Bank of Japan has yet to respond effectively to this situation.

What does the speaker mean by 'apocalypse happened at about 87%'?

The speaker is referring to the point at which 87% of Bank Reserves were taken up by repurchase agreements (repos), which led to a major financial crisis.

What is the significance of the Chicago PMI being below 50 for an extended period?

A Chicago PMI below 50 indicates economic contraction. Being below this threshold for an extended period signifies a prolonged economic downturn in the central United States.

What is the current situation with pending home sales according to the video?

Pending home sales have reached an all-time low, indicating a significant slowdown in the housing market and potential banking trouble in the future.

Why are Shanghai silver premiums remaining above 10% for an extended period?

The sustained high premiums suggest a significant change in the silver market, possibly due to increased Chinese demand for silver.

What is the relationship between the Japanese Yen and the Japanese bond market as discussed in the video?

The video suggests that the weaker the bond market, the weaker the Yen becomes, as the Bank of Japan owns a significant portion of the bonds, and the health of the currency is tied to the bond market's performance.

What does the video suggest about the potential impact of the Bank of Japan hiking rates?

The video suggests that if the Bank of Japan hikes rates to address the currency crisis, it could lead to a bond market crash, further weakening the Yen due to the collapse in bond value.

How does the video connect the increase in Japanese consumer prices to the potential actions of the Bank of Japan?

The video indicates that the rise in consumer prices could force the Bank of Japan to hike rates on its bonds, which would have a knock-on effect of crashing the bond market and weakening the Yen.