Topic: Market Collapse

Dr. Kirk Elliott revises his silver price forecast upward, citing massive industrial demand from electric vehicle manufacturers like Samsung and BYN. These companies are developing solid-state silver core batteries, which could consume up to 20% of the global silver supply annually. The combination of a liquidity crisis and supply shortages is expected to drive silver prices significantly higher than previous estimates of $120 to $140 per ounce.

Dr. Elliott concludes with a warning about the US housing market, noting that soaring insurance and replacement costs are not fully reflected in inflation data. He urges the audience not to be paralyzed by fear but to take action by securing physical assets. The program ends with a final call to contact Kirk Elliott Precious Metals to protect wealth before a potential systemic collapse.

Dowd points to the Japanese private bank Norinchukin raising $7.5 billion in equity as a sign of systemic instability. He notes that billionaires are currently building redoubts and bunkers in anticipation of a "polycrisis." The host and Dowd discuss how the elite plan to use a financial collapse to implement a cashless society and digital IDs.

A caller from Tennessee expresses concern about the potential implementation of a central bank digital currency (CBDC) and asks for advice on pushing back. The host suggests that a digital currency push will likely follow a financial collapse and encourages local political activism. The conversation briefly touches on homesteading and self-sufficiency as a means of independence from the global system.

A prediction for 2023 forecasts a severe economic collapse and a "rude awakening" for Americans who expected post-COVID relief. The analysis suggests that the market has yet to fully correct from Biden-era policies, leading to higher energy bills, gas prices, and the loss of middle-class luxuries. The divide between the "haves and have-nots" is expected to widen significantly as savings accounts are depleted.

An article by Brandon Smith at Alt-Market is discussed, arguing that leftists are psychologically incapable of surviving an economic collapse. The segment claims leftists rely on government systems and lack practical survival skills or mental toughness. It suggests that the "Great Reset" is being supported by those who will be most harmed by its implementation.

Turkey has halted all stock trading as its currency disintegrates, a trend Jones warns is spreading globally. He cites warnings that American households face thousands in additional expenses due to exploding inflation. Jones concludes the segment by thanking listeners for their support of Reset Wars, which he claims is essential for keeping the show on the air during these economic shifts.