rob kirby on fiat currency failure, market crash, precious metals, market manipulation // stock market crash 2017, bond market crash 2017, stocks gold silver commodities investing trading tips strategies, silver shortage, market crash 2017, gld and slv, market collapse coming, silver investing 2017, silver investing news, silver investing today, silver investing for beginners, silver investment, silver investment 2017, physical silver, physical silver shortage, physical silver demand, physical gold and silver, gold shortage, physical gold shortage, gold silver shortage, stock market crash 2017, best silver investment speaking with markets and finance expert and i do not hesitate to call him an expert mr. rob kirby of kirby analytics com and we will certainly be talking
aapl nasdaq real time, about that website and mr. kirby's services but first we want to tap into his expertise today with the markets at or near all-time highs we're going to
ask about silver and other commodities as a hedge or as an investment and what the heck is just going on with this market so first of all mr. kirby thank you so much for joining me today pleasure to be with you david yeah absolutely i mean i i saw one of your interviews and i said this guy is on point i mean i knew that already but i
said well we got to get this guy and i'm very fortunate to be speaking with you today um first of all just real quick if you'd like to tell anybody in case they've been hiding under a rock who is rob kirby and what you know what is your expertise and what is your financial background my financial background after getting a degree in economics at york
university in canada i went to work in the institutional enter broker capital markets involved in institutional trading of foreign exchange and then money market instruments both canadian and then us as in the euro dollar deposit market and then i moved on to be involved in when when us dollar interest rate derivatives were being
conceptualized and incubated largely here in toronto canada by us banking institutions i had a good background in trading short-dated otc interest rate swaps and and subsequent to that i moved on into institutional bond brokerage both canadian and us government bonds so a bit of a bit of a spread of the institutional
gamut from foreign exchange through to money market and debt instruments and with a heavy emphasis on the on the derivatives markets so that's sort of my background and it's and that stems from the early 1980s through to the late 1990s of my time in the institutional markets absolutely and are there any mentors that you'd like to give a shout
out to oh boy you know what i've learned i've learned from an awful lot of people who who were very serious players at the very at the time when interest rate derivatives were being created and there's really just too many of them to list so i've sort of been it's been a bit of a sponge and good gathering it up from chroma hosts the characters through
the years so i totally i i think we're all taking influence from from so many people it's hard to give credit to them all i wanted to talk about kirby analytics com what will people see when they visit that website and what services are being offered at the moment well what i do is i right about the markets and i've written an awful lot
about the markets over the years and i would say the the emphasis of my writings have been on interest rates precious metals and with a probably with a pretty heavy overlay of energy as in crude oil and crude oil and natural gas markets and there's a there's a huge there's a huge inventory of materials that i've written over the years i
probably have over the years written eight or nine hundred maybe a thousand commentaries that are in the public domain but a lot of them are memory hold now but they're all up there all on the site in archival form for we're subscribers and i write i write new pieces when when i when i feel the i can make a contribution of you know
these days and i basically write for subscribers now and i spent a lot of time conversing with with my subscribers on issues that they have or questions they have regarding markets absolutely i'm looking at kerbey analytics com right now i see you've got goal to fix the real story on gold and i you know i'm assuming that that's available now
to anybody wants to order that yeah well that's what what ended up happening to be honest david with with that book when it was written i produced three manuscripts i had an agent who felt that he could get it get it placed with a with a publisher very very quickly and much to his chagrin after he took the manuscript and shocked it to it to a
number of publishers and understand the time frame when the book was written was 2004 and this was before any of the financial surprises we had and stemming from the collapse of the subprime mortgage market and the financial crisis of the mid double-oohs and he came back to me said this book will never be published anywhere which i sort of
laughed at because it was what i expected so the book actually never went to print and hard copy so what i do do is i i do distribute it to people free in electronic form if they if they request it so that's sort of the history of the book right that sounds great and i'm i'm looking at some of your articles i mean just the title watching fiat fail
while central back central bankers crapped their pants look at well this is this is this is an ongoing the ongoing a train wreck of p it money which witch is which is very interesting and just to make the point before we get going here on today's today's issues be is money by its very design and you know and it's and it's real and it's real creator in
its current form can be attributed to john teen who was a big promoter of this you know of this long hand of the government being involved in creating money out of thin air even even john maynard keynes admitted when questioned back at the time of the bretton woods conference towards the end of the second world war
because academics sort of cornered them and said you know your your scheme here of creating money out of thin air by its very design is guaranteed to fail at to which maynard keynes and that if i'm not quoting him word for word the gist of what he said in response to these to these questioners was that so what in the long run were dead we're all dead
anyway right well you know the problem with that is we're now we're now living in the long run and fiat money is failing and it's failing in spades and you know we have a we have we have a media mainstream media that invested its interests with the with the people in power and the people in power are controlled by the people who control
money and the people who control money don't want to see this see this little acts end where they get to be god and create money and you see this this is this is the struggle that humanity has now found itself and broiled in but but you know rest assured because money is failing and you know every fiat currency and there are literally hundreds of them
that have been conceived and they all end up or failing and the reason they end up failing is because by their very design they they're they're constructed on a platform that guarantees their failure and fiat money will fail just as sure as spring will fall a winter as summer will follow spring and fall will follow summer and winter follows fall
and so on and because because biet money has a life cycle it's born its birth it matures and it dies and we are now in the death throes of our current monetary fiat monetary regime globally and this is unavoidable and frankly how any academic worth their salt who studied economics could could make an argument
counter to this is absolutely ridiculous wow okay i can see why you've been called the johnny rotten of economics well the dose it's you know david i'm sorry it's a dose of reality yeah yeah and that's what we need no i like it i like johnny rotten and i like what you have to say absolutely speaking of a dose of reality the market has been at
or near all-time highs since basically since brexit we're talking about june july of last year we have not had any meaningful pull back since then unless you want to count the five percent overnights futures dip on election night which came right back up before the end of the trading day so you know with everything at all-time highs you know
should we be scared should we be worried should we be hedging what should we be doing as as retail investors and traders well i would i would have it that what we saw on election night when markets were surprised with the announcement of a trump win the initial reaction in the marketplace with the surprise announcement of the trump win was for
equity markets in at least in the futures market was for equities to sewer and they seward very hard the initial reaction was for precious metals to soar gold was up that evening a close to a hundred dollars and you see these these outcomes or these results in capital markets were not going to be tolerated by financial elites who who
have had an iron class grip on our financial markets for a very long time and they went to work about eleven o'clock at night on election night i'm talking that in like eastern eastern time zone reference right they showed up for work and they reverse this massive up which was which was clearly going to become my manic explosion upwards in
precious metals and they slammed that into reverse and by the next day middle of the next day gold was down i don't know it was down 40 50 60 bucks that was so we saw a swing we saw a swing probably of about 140 or 150 dollars and in the in the precious metals arena in gold and in the equities we saw horrendous soaring reversed and and
turned into a very very very stiff up and this this this has the earmarks of what some people would refer to as compliance protection team yeah i believe the handiwork is of what people refer to as the plunge protection team as an awful lot to do with a very secretive arm of the us treasury that exists it's called the exchange
stabilization fund or the sf and these these are these are the entities that have the heft and the resources to make markets literally dance on the head of a pin if they so choose and that night they really really chose to do so and they showed the power that they can exert on market in a very short period of time and it was in it literally it
was on display and its full glory just just how much control central authorities have over markets on that night yeah manipulation at its finest while scary stuff so what do we do i mean for exam i'm looking at possibly some you know slv gld i like the etfs because that you know i i do want a hitch i i do want to
you know get out of you know get out of the market as much as possible am i safe and investing in the commodities etfs or should i go with the physical stuff my my personal view on the etfs is that they are there their financial frauds the if you read the prospectus is on both gld and slv you will find an awful lot of legalese and ambiguous language
there's no reason for there to be like such heavy applications of legalese and ambiguous language regarding custody of metal that is purported to be held by these entities and and what and when i see language like that it makes me feel that something's being hidden and a nice and i suspect financial scam and the reason we know that such language is not
required in a precious metals etf because there are examples of etfs with very clean language that pre-existed the creation of gld and flv and then i look at the people who are who are who act as the custodians and the managers of both gld and slv and these these are institutions that are known to be serial shorter's naked shorter's in futures
form of both silver and gold and this this to me frankly the creation of both tld nso v was when is when the regulators literally literally put the fox in the precious metals gold silver and gold henhouse and and told us all that you know all would be well and told us and told the investing public that you could invest safely in physical
metal by buying gld and sov and iii believe that these the these entities were created to deflect institutional serious money away from buying real physical metal and into paper products that claim to but do not really stand for true alike true physical precious metal so that's my view of them they're there i know there
are people who would disagree with me but the prove to me is in the pudding the language the language is not consistent with with something that's clean and decent and fair and and and the players involved tell me tell me that there's something very nefarious those both of those entities gotcha so holding holding the physical silver gold
what do you think is that the way to go i am a huge proponent of owning physical birth coin in precious metal and i'm also an advocate of people storing them in or creating non-bank storage solution for their physical looks got you all right right now we've got gold hovering at around twelve hundred silver at around 17 i've heard you know different
predictions what can we expect from gold and silver prices in the let's say the short to medium-term and as well as the long-term well i would i would have it that gold and silver made nominal highs back in nineteen eighty of 850 us dollars for gold and roughly fifty dollars the u.s. in for an ounce of silver and that was back in nineteen
eighty i would suggest that currency as in the us dollar has been seriously d based on a relative basis where the dollar in theory should be much much much weaker relative to gold and silver today than it ever was back in nineteen eighty and if we take nine katie price's or highs achieved in both metals and adjust for inflation using
the government bogus inflation statistics which are dramatically understating the true level of inflation you come up with a number something like a hundred and fifty dollars at least should be the price of silver right now in nineteen eighty dollars and a price of around i think its twenty four hundred dollars a us for gold and that
would just be in nineteen eighty dollars constant to today i mean i look i look i live in toronto canada and i know what the price of a home was in nineteen eighty and like a price of a home that was was four hundred thousand dollars in nineteen eighty is today trades at around 1.2 million in nominal terms so it doesn't it doesn't really seem
ridiculous to me at all to think that the price of silver per ounce could be three times what it was in nineteen eighty and the price of gold could be three times it's because to me they just naturally should be and and i would have it that the reason that they're not has been intervention why i believe it's the us treasury that does the intervention i
believe the arm of the treasury the exchange stabilization fund is the tip of the spear in suppression of precious metals prices and the reason the suppression is done david and to your listeners the reason the reason why banking authorities or financial elites want want to suppress the price of precious metal is they serve as
alternatives to their failing fiat currency and the failing fiat currency can are indeed failing and they don't want us to recognize how badly they're failing because if if we do realize or if humanity collectively realizes all at once how badly they're failing they will seek alternatives so what what the game is is to make the natural alternatives
the historic alternatives look like they are not worthy but you know the reality is the way they the way they suppress the prices is through is through selling let's just say paper claims on the underlying thing as in the case of gold they sell comex gold futures to suppress the price of what we pay for a physical ounce of gold and tend to put this into
perspective the amount of selling in gold in paper form from about eleven o'clock on election night through to friday which was three days forward in paper form there was there was three times global physical gold production sold in paper form to arrest and and to keep the price of gold from going up and you see when you got people being
allowed to sell three times global physical production of gold for a year in three in 33 days or two and a half days this this is not a sustainable course of action you see and in no other commodity in the world is this kind of behavior allowed like nope no entity would ever be allowed to sell wheat futures amounting to three times global
production of wheat in two days or three days it's not a lot and you see and the reality is there is commodities lon place that's supposed to prevent people from doing these things and commodities law is supposed to be enforced by a group called the cftc which is the commodity futures trading corporation which is the regulator over the futures
market in america but because it's the government involved in suppressing the price of gold to protect the value of the da it's viewed in view to be in in the interests of national interest for the for the for the preservation of the dollar as a global trade settlement a currency they turn a blind eye and they
and they don't enforce existing commodities law and they effectively allow the government to commit crime well you know that's all and well until until the physical market decouples from the fraudulent paper trading entity and that you know and this is coming because what we have seen over the last 15 years is a constant drain of physical gold
away from western the western world and into the hands of the chinese and the russian and the end the indians because these people realize the fraud that's being committed by western financial powers and they don't want to buy or own the paper promises of precious metal they want the real stuff right and at some point we hit a wall and the day we
hit the wall and the data chinese and the russians stock getting their physical metal and are told that they're going to just get paper that's when that's when you're going to see these paper paper markets fail and they will fail yeah so that's what's in our future and i can't tell you what day it's going to happen but you know what it's it it's
guaranteed to happen because the amount of gold that comes out of the earth's crust every year is finite and the amount of gold that's in in central bank vaults in what in the western world is is finite and frankly i think the number of ounces the central banks in the western world the number of ounces they claim to hold i think is probably very
fictitious at very best and the amount the true amount of gold that's the sovereign states in the western world the true amount that they hold is chris powell the secretary-treasurer of data is said that this information is more closely guarded than nuclear secrets of country and and and the reason it is so closely guarded
is as follows if if central banks don't have the amount of gold in their vaults that they claim to have which we know that in large part days they don't the run on physical metal could intensify in a very very short period of time which could could bring lees which could bring these exchanges like comex and lbma entered into a default position and the
reason we know that they don't have the gold that they claim to have is because central banks are actively involved in leasing metal and when they least metal the metal leaves the vault it gets sold into the open market and they and they replace the gold that left the vault with an iou and but they count the they count the gold that has left the vault
in lease form as an iou they counted on the same line as gold that is present in the vault so when banks tell you when central bank's tell you they have x number of ton of gold in their vault some percentage of that or maybe the vast percentage of it might be in an iou form which means it isn't really physically present in their vault and
this is called if you and i were to wear to conduct such accounting and try to pass it off as you know valid we would be accused of fraud and we would be put in jail central banks do this as a matter of practice and it's tolerated and it and i would i would even hazard to say it's encouraged so you know central banks have different rules that
apply to them with their accounting method than what you you and i or what court or the corporate world would be subject to write wow you've given me more than than i could ask for today that this is great a little scary but in a good way this is what we need is a dose of reality one last question if i may because you've been so generous
with your time today i'm not i'm not going to ask you to be a top collar but you know what when is this this dream or nightmare going to going to end i mean you know are we nearing a swan song for the for the market here in my view david it could it could come any time but i've you i've you what's occurred in a in a perverse way it's given given everybody
an opportunity to do what a precious metals affection ado's refer to as stack i believe i believe that gold and silver silver maybe even more so than gold are two of the most underappreciated asset on the planet and when you have the ability to to buy them at super super depressed prices it makes sense to buy a little bit you know whenever you can so
my view is there's never such thing as a bad data by physical precious metal and the you know the more that you own the better off i believe you will find yourself long-term and i do believe that i'm going to live to see a day when wealth is measured not in dollar but an out-group so my question to you if you want to feel wealthy or want to be
wealthy in the future you might want to start considering how many ounces you have in your possession yeah that's powerful powerful words great advice you heard it here i've been speaking with mr. rob kirby from kirby analytics kirby analytics com if people want to tap into more of your knowledge and insight how is should they contact you through
kirby analytics or what's the best way best way is through my website and i'm on the web at kirby analytics com gotcha and of course i will throw that link up into the description of the video here on youtube and mr. rob kirby you've given me so much in my audience i'm sure so much to think about so much to digest and that's what it's all about this has
been really informative and i want to thank you so much for your generosity of your time and insight today sir no problem at all david pleasure meeting you awesome okay thank you
