1:30:41 And if you're going to buy anything there, become a VIP. $30 a month, cancel any time for free. Get $40 to spend instantly in the store, special deals, special offers, you name it. So become a VIP for those special offers and special deals and the free $40. The auction is for our comments, not a commitment, you can cancel anytime. All right. I've been trying to get him on for days because man, is he vindicated. 14 years ago, I told listeners I'm out of the silver and gold market. We were selling it with a sponsor wholesale. There was such small margins they couldn't even make a profit unless it was a bull market. I made the decision. I said, I think this was speculative before. Still good to have some silver and gold, but I said, I'm out. And 12 years later, I look at all the market indicators and the industrial issues and everything, and I say, now is the time. And well, we got to go find all those clips. And a lot of you saw it and heard it.
1:31:30 And I said, now's the time. So I go out and I get the highest rated top gold and silver broker in North America because he has the best quality, best, it's wholesale every day. You know, wholesale price, you don't have to imagine. And you boom, get it. It's amazing. But we're not really pitching things right now. KPM.com forward slash gold. and the toll free number, get a free consultation on the phone or sign up for email and they'll call you and they can roll over all these financial issues as well. But there's nothing that's performed as good as silver and gold in the last two years. Exactly as I said, because that's what all the indicators and market indicators are.
1:32:08 And so Dr. Elliott, wow, silver all-time high, gold all-time high. You were on a few weeks ago and it had corrected. We said, look, that's just profit taking, ladies and gentlemen. They've run out of silver. They need it more than ever for nuclear reactors, for all these new batteries, for everything. Like you said, silver is the thing that's been underperforming. It's gonna have the most growth. Gold's great as well. You've been proven absolutely right. You sent me a giant list of documents and proof here, but bigger than just people, Getting silver and gold for the best place. That's important. The other indicators of what this means for their overall markets that this is happening. Dr. Kirk Elliott, economist. Thank you so much. Oh, it's my pleasure. You know, last time we were on, um,
1:32:51 Well, silver like 54 or something like that, right? So 58. I mean, so what happened on Thanksgiving when they shut down the CME COMEX because of a cooling tower issue, it's like, okay, how could you have a cooling tower issue when the markets weren't even open? It's not that there was a lot of activity, right? So on Friday, silver went from 54 to $58 an ounce. after Thanksgiving. So- Yeah, I mean, and so you're a businessman, I'm a businessman. If we've got the largest exchange in North America, we're going to have a redundant cooling system for crying out loud, right? So, brakes, you turn on the second one, plan B, within two minutes, right? But this was closed for ten hours. To me, this was the fabricated story because if they didn't halt market trading,
1:33:53 Silver is gonna go up so much. Some of these big banks would have probably defaulted, Alex. So what's the better option? This is all my opinion, right? It's like of the story, it's like, let's just shut down trading. Just halt trading, right? It's a better option than defaulting. Cuz all these banks are so short when silver really started to move, which we talked about, right? So for the last year, Right, I've said on your show and we've talked about this, I think silver is gonna be 67 to 75 by the end of the year, right? And like two months ago people, this is my interpretation, it's like, hey, Dr. Kirk,
1:34:31 Are you smoking crack? It's like 40 something. Is it really gonna go that high? It's like, yes, you don't understand. Silver is not like gold. Gold is a financial metal, right? It thrives on chaos and uncertainty, inflationary pressures. When silver runs out and the manufacturers of the world still need it for flat screen TVs and solar and electric vehicles and everything else. they're gonna start offering almost any price. So this is what we started to see on Friday after Thanksgiving. There's a big signal that was breached on Friday that I wanna talk about. But I laughed this morning, literally 10 minutes ago, I was looking at your text, cuz you texted me on Tuesday at 5.14 PM. I was on the phone, I couldn't talk. And you said silver at 60, boom. It's like,
1:35:20 You know what, Alex, that was two days ago. Silver's now at 6440. It's like this is just insane. It is going through the roof. So year to date, silver's up 115% year to date. And the year's not over yet. And here's the thing, as great as this has been, the best is yet to come. And this is where I get so excited about all the info warriors that are watching that have allocated into bullion. I'm not talking about this rare coin garbage and commemoratives and high premium stuff that I hear horror stories about every single day. All we do is bullion, right? Low cost maximize your ounces. It's the only way to do it. But here's where
1:36:05 A signal was breached on Friday where silver broke through the broad-based stock market index on a chart. You know, we don't have to get into the technicals, the moving averages, everything that it broke through. I remember, like a month ago, you said if it goes past, when you say 57, then it's over. And then you literally said last week, I'm changing my forecast. I think it's gonna go up even more, even faster, because obviously there's a run on it. It's obviously run out at all these key facilities. I think it's a no-brainer to say we've just seen the beginning of this. In fact, let's play a clip of you, November 6th, predicting exactly what has now happened a little over a month later. Here it is. How long till this attempt to manipulate this downwards, they can cover all their positions, unravels? It looks like it's already unraveling.
1:36:55 It's unraveling now. It's going to be a progression of unraveling probably within two months by the end of the year. We probably have silver pushing 67 to 75 and by late spring early summer probably 120 to 140. That would be my guess. Talk about nailing it, Dr. Elliott. But it's not, I mean, you just have the top silver and gold brokering firm in 25 years, overnight success story. My job's easy. Who has the best track record of being right? Who has the best ratings? That's why, I mean, people ask how I'm always so right. I just go to the people that are right. My job's so easy.
1:37:34 Well, I mean, to me it's like we don't know where this is going to get to. Because when it runs out and it's needed for manufacturing, it's literally like sky's the limit. So those kind of projections were not hard for me to make. Because I see the supply every single day. Well, you just had only told me if they run out. Well, you said three months ago, you know, they're running out. They claim in five months, you predicted it was actually quicker than they said. So potentially have more of a run out. My God, it could go completely parabolic. Well, yeah, because so when I started in this industry, Alex was in 2002 and 2001, literally a few months before I got into this industry.
1:38:15 The signal that we just saw on Friday happened, right? So it hasn't happened since 2001 where silver broke through the S&P 500 broad based index on a chart. That created a 10 year bull run, where silver went up 10x. It went from 458 an ounce or so to 48 in 10 years. So by 2011 it was 48. Now, what's the new starting point? The signal was just breached on Friday after Thanksgiving. The new starting point wasn't 450, it's $54 an ounce. I don't care if we get 10x, what if we get 3x, what if we get 2x? I mean, this is where silver in the hundreds of dollars a month- You're saying, undoubtedly, the new mega bull market has begun.
1:38:59 Yes, and I don't think it's the beginning of the end. I don't think it's the end of the end I don't think it's the end of the beginning. I think this is just starting This is the beginning of the beginning of what I think is a decade-long bull market in commodities Which gold and silver are commodities right and and we're seeing well, we know because they all that all the top People, I know you know this, but listen to me now. We're not stopping inflation, okay? We can grow out of it with an innovation plan of Trump or the stagflation plan. So they're committed to inflation, so it's a no-brainer. Commodities are gonna go up. Well, what's the one commodity that's gotta be used in all the computers and things? It's silver. What's been the most undervalued? It's the sweet, I mean, it's the holy grail, as you predicted.