Podcast Summary: Rebel News Podcast — "The Gold and Silver Reset Has Already Begun"

Host: Jeremy Wiseman & Jerry Karia (Guildhall Wealth), via Rebel News
Date: December 27, 2025
Episode Focus: A deep dive into why physical gold and silver remain essential in the current financial climate, practical insights for investors, and how Guildhall assists clients in acquiring and holding precious metals, especially within registered accounts.

Main Theme & Purpose

The episode centers on the enduring value and significance of owning physical gold and silver as both an inflation hedge and potential growth asset. The hosts argue that true wealth preservation and opportunity come from direct, physical ownership—especially outside of traditional banking or paper-simulated vehicles—and discuss structural, economic, and geopolitical reasons supporting this thesis. They further contrast physical metal investments with proxies (ETFs, pooled accounts, certificates), emphasizing practical guidance for retail, registered, and institutional investors.

Key Discussion Points & Insights

1. Why Own Gold and Silver?

• Enduring Fundamentals:

  • Inflation (currency debasement)
  • Supply and demand dynamics
  • Geopolitical risks
  • Gold and silver as non-counterparty money

• Performance:

  • Over 20 years: Gold up 900% (CAD), Silver up 800%
  • Rise in metals is a reflection of fiat currency decline, not just metal appreciation

  “It’s not that gold has risen, it’s that the currencies have fallen. Your purchasing power has gone a lot less over the years than it really should be.” — Jeremy (02:07)

2. Registered Accounts and Taxation

• Investing through RRSPs enables tax deferral; hosts advise reframing tax concerns within the context of overall growth.

• Unlike interest/dividend assets, physical metals require storage and don’t generate income, but serve as universal, finite money.

  “This is why having gold and silver in a portfolio is so great…there is a finite amount of it. You need blood, sweat and tears to take it out of the ground. And it is de facto money.” — Jeremy (03:37)

3. Physical vs. Paper Investments

• Paper substitutes (ETFs, certificates):

  • Cannot take delivery
  • Counterparty risk
  • Designed to sit on institutional balance sheets

• Physical Metal:

  • Direct, titled ownership (can literally take possession)
  • Liquidity: quick and global sales possible with recognized brands

• Guildhall strongly recommends globally recognized refiners (e.g., Royal Canadian Mint, Perth Mint, Valcambi) for ease of liquidity and trust.

  “You can do it for free. You won’t own anything.” — Jeremy (07:02)

4. Cost, Pricing, and the Retail Experience

• Owning physical metal comes with fabrication, storage, and retail premiums—like most retail goods.

• Long-term perspective (as with real estate) makes these costs acceptable.

• Premiums are higher for coins (Maples) due to increased manufacturing detail.

  “You can’t be price conscious today knowing where the market can head in the next five years.” — Jeremy (09:48)

5. Current Buyer Trends & Global Demand

• Retail has slowed due to household strain, but sovereigns and central banks are buying record amounts, especially silver.

• Central bank interest highlights liquidity and desire to move outside of depreciating currencies and digital financial risks.

  “The buyers today in the precious metals space in the sector globally are the sovereigns, countries and central banks. They’re buying regardless of price.” — Jerry (10:23)

6. Practical Advice for New Buyers

• Buy globally recognized brands/weights for liquidity.

• Start small (“crawl, walk, run”), building exposure over time.

• Bars have lower premiums than coins; kilo and 100oz preferred for value and liquidity.

• Investors from regions with financial instability often prefer coins for potential use in crisis scenarios.

  “You want to stay away from niche...you want to go with the world’s largest, most recognizable brands.” — Jeremy (11:46)

7. Liquidity and Estate Planning

• Bullion is highly liquid: easy to sell or transfer.

• Registered accounts allow for in-kind withdrawals (e.g., gifting to family, moving to other accounts).

  “...you can deregister it and take delivery. So every year we have clients who...are happy to take delivery of the product.” — Jeremy (15:25)

8. Why Guildhall over Banks?

• Family-driven, transparent philosophy and tailored client service.

• Pioneers of physical metals in Canadian RRSPs.

• Segregated, allocated storage with serialized ownership—no bank-debt or counterparty entanglements.

• If Guildhall were to close, clients’ metals remain untouched and accessible through the vault custodian.

  “Ultimately...when you own physical gold and silver, there is no counterparty. So if it’s in the vault, it’s yours. We don’t have a claim on that.” — Jeremy (20:44)

9. Confiscation, Government Risk & Bail-in Laws

• Hosts argue the real “confiscation” is ongoing via taxes and inflation, not government seizure of physical metals.

• 1933 gold confiscation in the US saw only 30% compliance.

• Modern bail-in laws allow banks to seize depositor money in crises—precious metals held outside banks are immune.

  “They allowed the price to rise to a level where you said, ‘No, too much for me, too expensive’...what ended up happening? You didn’t own anything.” — Jeremy (22:15)

10. Market Outlook & Strategic Selling

• Bull markets measured by ratios (Dow:Gold, house value:gold ounces, gold:silver).

• Current ratios indicate major upside remains before historic peaks are reached.

• Selling guidance: monitor macro ratios and inflation. Never sell all your metals; maintain a core holding.

  “How do you know when you’re done? How do you know when you should sell the majority? ...You’re never going to sell all of it, but...You’re going to look at all those different ratios and see that it’s fallen into a nice territory.” — Jeremy (28:03)

11. Future Trends and Key Takeaway

• India’s massive silver purchases and pension reform signal globalization of new demand.

• Gold and silver expected to undergo remonetization and revaluation, forming core assets in future financial systems.

  “Gold and silver are the future for the financial system. We’re going to be seeing a remonetization to potential revaluation very soon. So you want to be a part of that.” — Jerry (29:56)

Memorable Quotes & Moments

• On fiat decline:
  “It’s not that gold has risen, it’s that the currencies have fallen.” — Jeremy (02:07)
• On physical vs. paper:
  “You can do it for free. You won’t own anything.” — Jeremy (07:02)
• On central bank demand:
  “The buyers today...are the sovereigns, countries and central banks. They’re buying regardless of price.” — Jerry (10:23)
• On risk of confiscation:
  “...They allowed the price to rise to a level where you said, ‘No, too much...’...what ended up happening? You didn’t own anything.” — Jeremy (22:15)
• On market exit:
  “How do you know when you’re done?...You’re never going to sell all of it...You’re going to look at all those different ratios and see that it’s fallen into a nice territory.” — Jeremy (28:03)
• On the future:
  “Gold and silver are the future for the financial system...” — Jerry (29:56)

Suggested Listening Timestamps

| Segment | Timestamp | |---------------------------------------------|-------------| | Fundamentals of Precious Metals | 00:49 – 04:17| | ETF vs. Physical Ownership | 07:02 – 08:57| | Retail vs. Institutional Costs/Trends | 09:48 – 10:23| | Registered Accounts & Liquidity | 15:25 – 16:22| | Why Guildhall Stands Apart | 16:22 – 20:44| | Confiscation, Bail-in Risks | 22:12 – 24:42| | Market Ratios and Exit Strategy | 26:09 – 28:17| | Closing Thoughts/Future of Metals | 29:16 – End |

Conclusion

This episode provides a thorough, practical, and at times impassioned overview of why physical gold and silver remain vital, especially as a hedge against inflation, currency risk, and political uncertainty. The hosts place strong emphasis on direct, physical ownership, offering both philosophical and tactical arguments, reinforced with memorable stories and hands-on expertise. Whether new or experienced, investors will leave with a clear understanding of the unique value, practicalities, and long-term strategy for precious metals in modern portfolios.