This video features an in-depth discussion between Mario and Clive Mon, a seasoned technical analyst specializing in precious metals and mining stocks.

They analyse the current bullish trend in silver, gold, and related mining equities, emphasising a “meltup” phase in precious metals driven by the unique economic and geopolitical factors that we face today.

Clive highlights that although the market appears overbought technically, the unprecedented monetary environment fuelled by extensive money printing and looming geopolitical risks—such as a potential conflict involving Iran—are pushing these assets significantly higher.

They discuss various technical charts, including the HUI, GDX, and XAU indexes, and individual mining stocks like Royal Gold, TRX, Honey Badger Silver, and Magma, illustrating recent sharp price rallies.

Clive warns that despite possible short-term consolidation or corrections, the overall sector is in the early stages of a major bull market. He compares the current financial system to the Titanic, warning investors to get into “lifeboats” such as physical precious metals or mining stocks before the system collapses.

The conversation also touches on the manipulation of markets by central banks, the eventual failure of cryptocurrencies, and the likelihood of a revaluation of gold.

Clive encourages investors to view any dips as buying opportunities and to prepare for a sustained, possibly multi-year, meltup in precious metals.

Gold & Silver Are Financial Lifeboats

Not too far into the future, we’re going to see, you know, the tail of the Titanic tip up into the air. And I’ll put it this way, the the people who are still in fear at that time. When this thing goes down, the people who are still in fear are going to be like those people splashing around in the water after the the Titanic goes down.

What I’m trying to do is get as many people, as many investors, as many of my subscribers and viewers as possible into the lifeboats before, you know, cuz this thing’s going

to go down and it’s going to take a lot of people with it. >> Manco 64, home of alternative economics and contrarian views. Well, I’ve got Clive Mon back on. We spoke about three weeks ago. A and Clive is a technical analyst and I remember back in 2011 he he called the silver crash and we talked about that 3 weeks ago. But but he said at the time that he was mega bullish silver and it’s interesting that today Clive as we speak silver just traded above $45 in the spot price. I personally don’t

see too much resistance until 48 but anyway u welcome welcome back

thank you Mario glad to be back so what have you got for us are you now bearish or is it early days have we it on our profits and I guess it depends if you’re a trader or if you are paying physical silver or you’re doing the miners Right.

Well, I think there’s two points to make regarding that. One is that yes, the market is the the precious metal sector is massively overbought the stocks,

right? There’s no doubt about it, which is why we’re going to look at the the charts for the XA, the HQI index and the GDX to to start with. But it is massively overbought. But on the other hand, we’re in a unique unprecedented situation where what we’re seeing is a meltup which I believe is still in its early stages despite it despite this massive overall condition. rather a case and this was a a thing I had I got a a little bit too cautious about a week ago and I started thinking

you know that we might see a significant reaction but I’m rather of the opinion now that yes while we could see you know a bit of a shake out or a reaction or a consolidation the overall theme of this sector is that it’s going up and it’s going up vertically >> pretty much >> with the occasional pause to over unwind the overbought condition. >> Interesting you use the word meltup because I’ve been of the opinion that one day we’d have a meltup or what the Austrians call crackup boom or a

flight to real assets. I think in German is flu var I forgot van mises talks about it but anyway and of course silver and gold are monetary metals but do you want to start with the huy chart? >> Um yes I think the hui chart would be a good one to start with. >> Let me bring it up. So here we go. >> Ah right. Okay. Yes. Um now this is a very interesting chart because one of the important points to observe here is that we’ve already had clear breakouts in GDX which is the

market vectors gold miners ETF which you can see at the top of this chart and we’ve already had a clear breakout by the XAU index which is of course a measure of the large gold and silver stocks and as we know they’ve performed performed exceedingly well over the past few months, but we do not yet have a a completed breakout by the HU. And that’s really the reason I’m I’m showing this because it’s the last one to fall into line to follow suit if you like. And because it’s arrived at that

2011 high, we could see a pause here. But I believe that there’s going to be probably going to be an attack on Iran by the US and Israel. probably in October be or you know for the next 6 weeks maybe 2 months or so and if that happens all hell could break loose and this thing is going to go up even more and I think yes we could see some consolidation here because it’s overbought because the HQI is at the 2011 highs but on the other hand the you know the overall situation is so is so extraordinary and so serious that I

think the sector is just going to carry on high and there is an interesting there’s another chart on this chart which is the one just below the chart for the HUI itself >> Clyde you you said you wanted to look at HUI index over gold this one here right >> yes yes because the point I want to make with this um Mario is that is that even though we’ve seen this really big rise in in precious metal stocks over the past few months look at this HUI over gold look at how the HQI index has

performed relative to gold during that period. is still incredibly it’s still not that far off its lows which means that there’s huge upside for the sector absolutely huge upside for the sector >> because >> I mean >> because because as we know as we know um you know once the speculative interests arise um then stocks are preferred over gold you know when there’s more interest in stocks and gold once people speculative players arrive so we’re going what this chart that HUI of a gold chart implies

is is that this bull market in stocks is remarkably is still in its early early stages despite the rise up to now. >> Yeah. And I’m not surprised, Clive, because the miners have been in such a in the doldrums for so long. and gold has actually done quite well since 200 late 2015. Um there’s another chart another well this is not a chart but you sent something a magazine cover. >> Yes. This is from 1982 which is >> the reason the reason I’ve included this

is because when I was learning this subject in London in the in the 1980s when I was working in the city technical analysis it was it was the the the the attitude towards it was Neanderthal in other words it was regarded as hocus pocus and that’s is that’s actually incredibly that’s a cover from the um that’s a cover from the investors magazine in 1982 basically saying that chartists or technical analysts indul engaging in voodoo. >> Yeah. >> It was it was pitiful. In fact, I got my

education from books that I ordered specially from the United States like um I a book technical analysis of stock trends by Edwards and McGee which is survival of technical analysis and also a very good book by Joseph Granville. I don’t know if you remember him, but um he was a very droid speculator in the old days, but unfortunately for old Joe, it all went to his head and when he got when he got old and he kind of went off the rails a bit because he became resolutely too bearish, not taking into

full account the how how the Fed was just printing money to keep the game going. So all many of his technical indicators were saying that there was going to be a crash and the market was going to drop a lot and it didn’t because of the um because of Fed intervention basically. And this is of course exactly the situation we’ve seen in recent years of team people calling for a market crash and it never happens because every time it looks like it’s going to happen the Fed steps in to protect the super wealthy who own the

vast majority of stocks. >> Yeah. And it’s interesting that it says here sterling on the sk on the skids time to sell and I think that was near the low for I think the pound reached 105 in the early 80s. So it was ex the exact wrong time to sell sterling. >> Oh >> but yeah this is interesting. I remember Clive I started in the markets in the late 80s but I only started looking at technical analysis when I joined uh GNI which was a commodities uh futures and options broker in 1993

and I remember my colleagues they were looking at support resistance uh the guy I worked with he used to write up all the supports and and resistances for the government born futures every day and I started doing it and then someone came to me and talked about Fibonacci and I was like who who is this Fibonacci you know and uh but then I I I started taking courses in technical analysis as well and I don’t think it’s voodoo but and I also like fundamentals and I think if you don’t know both you might miss

the fact that uh we are kind of in a meltup it’s a monetary phenomenon and that’s why I I agree with you. Um, uh, a lot of people are going to be Yeah. >> calling, excuse me, they’re all calling for the top now in gold and silver and the miners, and I think they’re going to be proven wrong. >> Oh, yeah. Exactly. And I I’ll just tell you something about this Fibonacci. You got me thinking. I went to a talk in the 1980s in London uh by a guy called Robert Preage Jr. who

was like an expert on Elliot wave analysis and he predicted everything that we’re seeing happen now. He predicted he was a bit he you could say he was too early but the reason he was too early because you can say is because of the monumental money creation and debt creation that we’ve seen since which has basically been to kick the can down the road as much as they possibly can. extend the whole thing. Extend and pretend they’ve extended the whole thing to the up to its ultimate limits. It’s like

stretching an elastic band. You just keep stretching it and stretching it, stretching it until it just goes snaps. And that’s the point we’re at now, which is why gold, silver, and precious metal stocks are really taking off. And when this thing snaps, Mike Maloney said this. He said silver’s going up to between 200 and 2,000 an ounce. Well, I agree with that. and he said 200 is a conservative estimate and you know we’re looking at still still looking at it in the 40s so silver is an incredible

bargain here we’ll look at its chart when we close actually because that’s that’s that is my favorite chart to be honest >> and uh Robert Prector yeah I I followed him years ago and I subscribe to his service and one thing that I think he got wrong as well is that he he looks like you said at the markets in terms of confetti which is what the dollar has become. Uh and he was always really bearish gold when it was at 400 or he said it was going to drop. So, but I think he he said the markets uh were

going to like a a bare market in 2000. And I think if he had looked at the markets, the Dow and S&P in terms of gold, he would have been right. Um because back in 1929 uh the markets were priced in gold not not in paper. Uh and there are others as well who have been calling for a big crash not just in the stock market but in gold and they’ve been proven wrong. U you’ve got a chart here of the GDX. Do you want to look at that too? >> Oh yes. Yes. The reason I want to look >> Yes. The reason the reason for bringing

that up, Mary, is because in relation to the HUI chart is because this is a reason why I was getting, you know, a little bit sweat and palmed you could say in the recent past because it is so overbought. If you took a take a look at the MACD indicator at the bottom of the chart, it’s >> Yeah, it’s record overbought by a country mile. >> It’s just incredibly overbought. But that doesn’t mean it’s coming down. It it will probably what we could see is some it’s like um you know when an

aircraft hits air pockets. I don’t think it’s it’s coming down. I think it’s it might zigzag around a bit, but basically I think this meltup continues and it’s we’re going to see pauses along the way, you know, like uh little flags and penants and consolidations, maybe a sharp reaction here and there just to freak everybody out. But basically this thing’s is it’s going up and it’s staying up and it’s going much higher. >> And the other thought the other point on

this chart is I put silver on towards the bottom of this chart again and you see a magnificent bowl pattern that’s formed in silver since I think since 2000 as far back as two the highs of 2011 and this bowl is projecting a huge breakout by silver above the resistance of $50. And and interesting the bull pattern itself, you know, the actual price track above the bull pattern is comprised of a a cup and handle. You could call it a base or a consolidation pattern. >> Yeah. >> But both of them are projecting a

breakout above 50 quite dollars quite soon leading to a massive rise. >> Yeah. It’s almost like you and I are back in 1922 23 in Germany looking at technicals not realizing that it didn’t really matter anymore if it was overbought because >> these metals have been uh well especially silver suppressed for decades >> and when the the top blows and and to me 50 is the line in the sand uh look out above >> well again as I learned from Mike Maloney some weeks back watching one of

his um one of his uh talks, one of his videos. Uh the short position in silver is massive, unprecedented, which is of course, you know, if this thing breaks through $50, we could see a tremendous short covering panic. I’ve heard from people as well that um that the short position by the bullion banks is actually u on behalf of the central banks and that um yeah uh >> well I think that what they’re doing and I think that what they’re doing is they’re qu they’re basically soaking

up as much of it as they can at low prices ahead of a thing blowing to the upside because you know central banks are net have been net buyers of gold I think since 200 2008 or so, they’ve been doing heavy buying in the last few years. And of course, if they’re buying gold, we can presume, reasonably presume that they’re probably buying silver as well. And they they’re using this shorting activity to keep a lid on it while they do complete their accumulation patterns. >> So before we proceed further with the

interview, I just want to give a a shout out to uh Dirty Man safe. So with traditional safes, uh their uh so-called advantage is that criminals can’t break into them. Uh but Dirty Man safe is different. Uh its advantage is that it’s undetectable. So they can’t even try to break into it. And uh that’s only one of the many features of Dirty Men safe. Um they provide three different sizes and uh you can uh bury uh your gold coins, silver coins, bars, uh important documents, jewelry, and anything that’s valuable

for for you. Uh so yeah, Dirty Men safe is affordable, convenient, uh provides you peace of mind, confidentiality, and sustainability. So, if you want to find out more, there’s a link uh below in the description. It will take you to a landing page and uh if you use that link, you get 10% off if you’re uh to decide to to buy a a Dirty Man safe. And they ship it to uh Europe as well, not just uh the United States. And just to let the viewers know, uh Clive has a really good service, clivemon.com.

If you want to look at it, I’m going to put a link uh below in the description. Um and um yes, Clive uh has provided me with a free subscription. That’s what I’ve gotten from this. I’m not getting paid or anything. And I just like speaking with Clive about markets. Uh but anyway, Clive, where do you want to uh go into now because quite a bit of a few charts here? Yeah, we what we could do u Mario also with respect to viewers time is quickly go through these before and after stock uh stock purchase and

sell buy and sell examples that I sent you. >> Yeah. So I’ve got here uh let’s see uh royal gold. Do you want to go through that? >> Um yeah I think they’re numbered aren’t they? So just start with the earliest number. >> Yeah they they weren’t in order. So uh >> Oh >> yeah. I mean, I’ve got two for royal gold, one shortterm chart and one long-term chart. >> Oh. Um, yeah, they should be paired so that you have a before and after, you know.

Uh, let’s have a look. Let me just start here with this one. Uh, yeah, I’ve got this one. Uh, royal gold. >> Yeah, they don’t have they don’t have to be in order. It’s not important. It’s just a Right. Yeah, Royal Gold. What happened is this was a classic situation back in the summer. Royal gold dipped back to its rising 200 day moving average which was a classic buy swap. So I put out a buy on it and then that’s what what happened afterwards. It went up uh 22% as you can see which not all

that great significant amount for that stock in a short space of time. Next. >> Yeah, we got this one here. Hold on. Let me get rid of that. And uh Royal Gold. There you go. >> That was the actual the chart from the time we bought it. >> Yeah. So, this is more long term. >> One of the good things for for viewers is they they can of course, you know, double back through the video or pause it or whatever to take a closer look at it. So, we don’t have to stay on it too long.

Yeah. >> Because they they can take their time, you know, go over it again or rewind it or whatever, you know, put it on pause. Um, yeah, that’s uh that was a that was really a classic of a a stock in a a steady uptrend reacting back to its surprising 200 day moving average where it was a buy and you can also see that it was heavily oversold. It’s MACD which was another reason for putting out a buy on it. >> Okay. And uh there’s one here uh which uh TRX which was Jim Sinclair’s company

10 royalty which I remember when it was trading at $7. Yeah, still have that stock. >> Well, I I I took I took some one or or which one do you want to look at first? >> Yeah, TRX. Yeah, look at this one first. >> Yeah, I took I took some flack over recommending TRX from grumpy grumpy old investors who you’d never made any money out of it and I think had bought it at much higher levels. So, but I could see this bubble pattern forming in TRX at a time when the sector was poised to take

a was this early August. So, I put this buy out on it saying it was ready to go up. And of course, take a look and see what happened in the next chart. >> Let me just get you. Oh, yeah. That’s it. >> Yeah. Yeah. It’s been It’s been It’s up 65% less than two months. So, that’s >> Are you still you’re still >> very bullish on it? Very, you know, even if if it reacts back a bit, just just add to positions or buy if you haven’t got it already. I’m very bullish on it.

Yeah. I think I think the thing interesting thing about old Jim Sinclair, he I used to talk to him sometimes. He he developed this buck reef mine in Tanzania, which is of course why it got the name Tanzanian royalty in the first place. And um he really believed in this mine and spent, you know, spent years and years developing it. And I think now it’s it’s coming of age where it’s I’m not sure where it is in relation to coming in production at the moment, but the timing really couldn’t be better because Yeah.

The sad thing is that old Jim never lived to see it because I think he died a couple of years ago. >> Yeah. And I think you got a little bit of flack because like like me, I mean, I was waiting and waiting and um >> Yeah. It seemed to take forever. >> Yeah. Yeah. That’s right. And you kind of wonder, will it ever uh do anything? >> We got another one here with the weird funny name. Honey Badger Silver. Uh >> oh, yeah. Yeah. >> Which one do you want to look at? This

one for >> that that one. That’s where we bought it. That’s right. The other one, Mary. Yeah. That that’s the after. >> Honey Badger. Okay. >> Yeah. Well, we bought it there at uh I think it was 16 and 16 cents. That’s right. Yeah, back in >> it was 27th of July. >> Yeah, back Yeah, back in July. That’s right. And at that time it really had a very favorable accumulation line. You can see that at the top of the chart and upside volume was building. Yeah.

And and the momentum was climbing but none of the ball. So I thought ah this is going higher. And if we look at the subsequent chart we can see that that is just what it did. And I think uh I said a few days ago that it looked to me it’s going to break out upside from this flag. Although you know the market a bit jittery. I think it’s been hanging around a bit. But I still think it’s going to take accelerate. Especially this is a silver stock. Of course the silver the silver breaks above $50. This

this is this is among the stocks that is going to do a moonshot. >> That looks interesting. I never heard of it. Honey Badger Silver. Uh hecka I’ve heard of. Uh so let’s have a look at that. Ah, there we are. That’s the chart from when it was recommended in at the end of August. And now this is interesting because if you look at this chart for the technical people >> uh will appreciate this people who into charting watching the video uh that pattern that formed in August I decided

it was a what’s called a running flag from partly from the accumination partly from the volume and you know the general look of the sector and that very high volume breakout early in August with a huge gap. You see that? >> Oh yeah. Yeah. >> That’s right. If you have a a breakout from above resistance of a huge gap like that on on on a big gap like that on huge volume, it’s very bullish. So I concluded that this was a running flag. So if we look at the next what happened

to it, well it took off higher. >> Wow. >> Yeah. So that was up 27% in less than a month. So that’s another good one. >> Yeah. I think it’s one of the uh oldest miners listed on >> Oh yeah. Yes, that’s right. Yeah. I think I think it’s up in Idaho. >> Yeah. Uh we’ve got now uh >> this venadium mining. >> Yes. This is a rare earth mineral stock. The reason I lighted >> Yeah. The reason I lighted on this one um only a few weeks ago was that it was

completing a large base pattern, but I saw that it was very heavy buying going on. Very heavy buying even though the accumulation line wasn’t rising much. And I thought this thing this thing’s building up to something. I did wonder if it would make a symmetrical right shoulder which would drag on a few weeks more which is why I put that question mark I suppose. But um I concluded overall that the whole the volume pattern especially was exceedingly bullish. So let’s see what happened to

it on the >> Oh my goodness. And and I just want to say something to the viewers. Um Clyde, this is not financial advice, right? This is just what I think it’s just act upon it and >> yeah. Yeah. It’s just entertainment, should we say? >> Yeah. Anyway, this is quite a big move that Bagger >> and are these stocks quite liquid to trade? >> Um yeah, I think this one is now. I think in the past it’s been fairly liquid, but you can see that volume building up in the past few months, so

it’s it’s reasonably liquid. Yeah. >> Yeah. All right. So, what have we got next here? Uh, hold on. >> That was up 200% in 12 days. So, that’s pretty good. >> That’s pretty good. Did you buy a nice car with it? >> He told me the story about one of your subscribers. Uh, >> oh yeah, that’s right. But in a silver crash in 2011, one of my I went visit him actually in California in Selenus. Guy called Tony. He was very pleased because he bought a he shorted silver

big time before before that crash called in September 2011 and he bought his his wife I think it was a a new Dodge Charger or something. >> Okay. He made it. >> So we got Kerr mining which was used to be called Kurden wasn’t it? >> Yeah that’s right there in Idaho as well. And uh this looks a little quite a lot like the hecka situation. >> It exactly it is. It’s the same thing. That’s why I put on there possible running flag and that was at when was that end of a Oh, it’s at the same time

as the heckler wreck which which is why it performed similarly if we if we look at the next >> because we don’t need to stay on these too long because viewers viewers could take >> 50% or 41% in the month. >> Yeah. In less than a month. Yeah. From that. Yeah. >> So all in all my subscribers are quite pleased at the moment. We got uh >> this one was >> magma. >> This one was just amazing. Just amazing. I picked up on that huge volume and that cup and handle base there. Beautiful

little cup and handle base which is best shown on a two-month chart. You see that? And the interesting thing is for the technicians watching this, look at how when the price declined in August into the lows, the volume built up to become climactic. That’s what’s known as capitulation. Basically what happened is all the the nervous nellies if you like got flushed out in that decline and then smart money seeing that it was undervalued knowing that the silver price was going up they were piling in dur from late August

through September midepptember and I thought uhoh this is and I watched the accumulation line you see at the top as well rising and I thought this thing’s going up big time what happened in the the following chart Wow. Yeah. Another >> we absolutely nailed it because we bought it the first at the open that day and it it rose immediately. Well, it doubled at the peak there and it’s just looked to me like it’s consolidating the small flag. >> I see. And >> it could react could react back a bit,

but >> first majestic. >> Yep. Whatever one next. Uh >> oh, let’s start here. Yeah. >> Ah, yeah. I spotted a diamond pattern forming. They never read any rare diamond patterns. >> Uh I spotted this diamond pattern forming in first majestic. I’ve only seen on a few occasions actually. And I thought this thing’s ready to break to the upside. And of course, you know, if it concurred with everything else I was seeing and uh if we look what happened to that.

Yeah. >> Yeah. Same story very much. And First Majestic has been uh ever since 2021, it’s been kind of a dog, hasn’t it? And I mean, there’s still a lot of room on the upside, I think. >> Yeah, exactly. >> Yeah. Um what about we’ve got here Freeport? You want to talk about? >> Ah, Freeport. No, this is where are we done with the stock charts, Mario? Because >> Yeah, I’m I’m through. I’ve got Hy though as well. >> Okay. No, no, no. All right, let’s go on

to Freeport then, I think, because I um >> uh what this there was some very big news out of Freeport a day or two ago, which is actually quite tragic news because what happened was a gigantic I think it was I don’t know several hundred,000 tons of mud came um sliding down the mountain and went straight into the mine and filled it up. Basically filled it up with mud. So mud and rocks >> and of course >> copper miner. Yes. >> Yeah. I don’t know. I can’t remember

where it’s situ. I think it’s in Indonesia or something like that. I’m not sure. But it’s it’s called the Grassburg mine and in any any event it was a big copper mine which produced quite a substantial quantity of copper. >> And basically this this u they declared force majour. The mine is you know is kaput. It’s a bit like um Victoria gold. you know that that terrible Victoria Gold story about a year ago where you had a massive slump of a tailings basically wiped the mine out. Um

uh what’s happened is it’s put it’s put Grassburg out of production and the amazing thing is um some workers got killed of course the miners got killed when this all this mud uh flowed into the mine but the interesting thing just from a purely technical point of view is that uh well I wouldn’t buy Freeport here anyway not after an accident like that because at at the very best it will need time for sentiment to recover before the stock can rise again so as to be avoided. it for now and it could fall

it could drift lower of course but if we look at the what the interesting thing about this Mario is if the effect on copper because of of the grass binding being taken out of production because of the co looming uh or commencing copper supply deficit. If we look at the chart for copper now, which is it should you should find next to I recommended copper uh that I that copper will probably mark out a base here and then advance a new because of the looming supply deficit which of course has been exacerbated by

the free debacle and um it broke out yesterday anyway to start a new uptrend. >> Yeah, this looks quite bullish, doesn’t it? >> Yeah. Last time we spoke you said you’re mega mega bullish silver and silver has reacted. I mean uh as we speak here today silver is at 4450 the spot the high is 459. I I was looking um at some charts Clive uh that uh the last resistance really I had uh before we tested 48 which was like a key level in 2011 was 4420. So it it seems very very bullish to me

and uh gold as well has been a bit choppy but I think uh would you say gold is uh been a bit choppy the last few days because there’s an option uh expiry on comx today and I think the market makers are always trying to >> Yeah. Yeah. Yeah. That could influence it. I think that it’s very important about especially the the future outlook for gold and silver we keep the big picture in mind. And do you remember at the end of the Terminator movie movie when uh Sarah Connor drove south of the

border into Mexico at the end of the movie and she’s in a gas station and there’s an old guy there and he says he says to her there’s a storm coming and she looks back at him and she says I know. Well, that’s the situation we’re in now with regard to the you know the world economy, the dollar, the world markets, wars, all the rest of it. It’s really um a a perfect storm. And so what what my service seeks to do is to get as if think also of what happened to the Titanic, how it sank, right? What we’re

seeing now is as an a a a bankrupt economic system that is sinking like the Titanic. The nose is tipping into the water, but we are now at the stage where or or not too far into the future, uh, we’re going to see, you know, the tail of the Titanic tip up into the air. And I’ll put it this way, the the people who are still in fear at that time when this thing goes down, the people who are still in fear are going to be like those people splashing around in the water after the the Titanic goes down. What

I’m trying to do is get as many people, as many investors, as many of my subscribers and viewers as possible into the lifeboats before, you know, cuz this thing’s going to go down and it’s going to take a lot of people with it. And um I’m trying to get as many people into the lifeboats. There’s still space on the lifeboats. If you recall, in the Titanic film, the lifeboats weren’t even full >> and there weren’t enough. They didn’t have all the lifeboats either. No shortage.

Well, I think it had it had half capacity because they never thought it would sink. That was one thing, >> I guess. And then they >> the lifeboats, physical gold, silver, the miners. >> Exactly. >> And uh >> Exactly. the playing the the tech stocks in crypto is uh you instead of uh jumping out off the ship, you go to the uh to >> Davy Jones >> the ballroom and uh dance champagne. >> Davy Jones. And I’ve I’ve heard uh >> I’ve heard that there’s a plan basically

that what they’re trying to do is is corral the normal investing public into cryptos and then they’re going to pull the plug on the whole thing. They they’re using it to seduce people into cryptos partly as a means of easing them into CBDC’s and eventually they’re going to pull the pull the plug on the whole thing cryptos. They’re going to devalue cryptos massively and revalue gold. >> I’m not surprised, >> which is why >> Let me tell you one thing though. Uh I

know the Trump uh brothers are pushing crypto a lot, but uh did you know that Don Donald Trump Jr., he he’s an affiliate. He he work he’s working with a gold uh >> gold bullion company. I forgot the name now because one of my viewers sends me the stuff that he writes. So, at the same time they’re telling young people, everyone to to buy crypto. Uh they’re they seem to be buying gold on the quiet. >> Yeah. Yeah. Well, I think what they’re going to do is they’re going to pull the

plug on crypto. They’re going to re rather like it’s very interesting. You remember the story of uh I think it was Franklin D. Roosevelt 1933. Basically the the government with the complicity of the people they were dumb enough to give into it if you like they stole their gold. They basically stole it. They said you got you got a few weeks or something to hand in all your gold or you go to jail for 6 years or whatever it is or 10 years and there’s a huge fine >> executive order 6102. Yeah. They they

say, “Oh, we we didn’t really steal it because we gave them Federal Reserve notes for it.” But like you said, there’s a $10 $10,000 fine or uh imprisonment. I I mean, that’s quite coercive, isn’t it? >> Well, to to put it mildly, what what gets me is that after they they got all that gold in, they revalued it about a year later. >> Yeah. >> But 50% all of a sudden the the government’s gold coffers became 50% more valuable. And I think what they’re

doing now, these central banks, is they’re buying gold hand over fist. They’re sucking the public into cryptos. They’re going to pull the plug on cryptos and revalue gold. And that if you if you like, that’s my argument for getting my people, anyone who’s interested into gold, silver, and gold uh precious metal stocks. >> Yeah, it was great speaking with you again uh Clive. And uh so meltup uh coming. Hold hold on to your hats, I guess. >> Yeah. So don’t my a final message to to

to viewers is that don’t allow yourself to be freaked out by you know sudden violent drops or consolidation patterns or I don’t think it will drop much this sector but if we do any drop should be taken as buying opportunities basically because I think we’re in a long-term meltup situation that car could carry on for say as as long as two years or so or even more. I I yeah I want to show you a chart which I’ve been following for for years. And uh if you actually look at it, it looks a lot like the gold chart

since uh the year 1998. >> Yeah. >> And this is like the breakout that we’ve had at 2000. >> Uh and we’re kind of around here or maybe here a little. >> Oh, exactly. >> I mean, it looks like the same. Well, because if if it’s actually worth very much worth including this chart because then readers will appre viewers will appreciate this because you know you might say, “Oh, well, you know, gold’s gone up a lot already.” But what happens if if uh you know the Fed money creation

is going exponential, the dollar is going to collapse, right? The only reason it’s not collapsing at the moment is because every other currency is collapsing, which is why gold’s going up against all currencies. But as this process of of money creation, not just in the US, but everywhere, accelerates, money becomes increasingly worthless. And so, gold in all these currencies will continue to accelerate to the upside, eventually going vertical. >> Yeah. And I just saw today uh these uh

economic numbers, GDP in the US was revised to almost 4% like 3.8. uh and despite that that they’re cutting rates and uh the budget deficit to GDP is like 7%. It’s crazy that they >> Well, I think the important thing to bear in mind as well is that a lot of these economic data is fiddled and I think um you know if you I think you know John Williams shadow stats I think he shows what the real you know the real real data is when before it’s been meddled with. >> Yeah, I agree.

Okay. Yeah. Yeah, shadow stats is good. Uh anyway, uh Clive, thank you for your time and uh we’ll keep in touch and talk again uh soon. >> Okay. Um right. Okay. Thanks very much, Mario. And uh if uh your if uh viewers are interested in making big money in the sector, simply subscribe as we have done the last few months, simply come come along and subscribe to clivemort.com. You’re very welcome. We’d be pleased to have you on board.