The End of the Fiat Experiment – Bill Holter
By Greg Hunter’s USAWatchdog.com
Financial writer and precious metals expert Bill Holter (aka Mr. Gold) has been sounding the alarm of the profound risk in the financial system. At the beginning of December, Mr. Gold warned about the record setting silver prices and said, “It’s pretty clear and pretty obvious that something behind the scenes is breaking.” What is “breaking” is the extremely leveraged futures markets with not enough physical silver to deliver. Fast forward to the end of the month, and new record highs in gold and silver are happening every day. Mr. Gold says, “They are gobbling up all the supply available because they understand this is the end of the fiat currency experiment that started August 15 of 1971. Fiats are collapsing. This is the Hunt brothers on steroids because you have the entire world buying physical. The Hunt brothers got into trouble because they were buying paper contracts, and COMEX changed the rules. COMEX can change any rules they want . . . it won’t matter because the rest of the world is buying cash and carry . . . they will not accept paper contracts. They want real physical metal.”
Here is where it gets both interesting and dangerous. What happens if the short sellers cannot deliver the silver promised? Mr. Gold says, “People say if they can’t deliver, and I am going to tell you at some point they will not be able to deliver, when that moment happens, it’s game over for the entire financial system. Silver, and I believe it will be silver that fails to deliver, silver is the blasting cap to the gold nuclear bomb. When silver fails to deliver, then immediately there will be a pile into COMEX gold, and they will not be able to deliver the gold. Once that happens, you have failures of contracts that are proven fraudulent. They are zeroed out and cannot perform. Then it spreads to cattle, pork bellies, grains and you name it. This is not to mention the financials of stocks and bonds. Once you prove fraud in silver, that’s going to spread to all the derivatives, and we will have a derivative meltdown. . .. The world wants gold and silver because those are the only two monies that cannot default.”
What you are seeing in the gold and silver markets now is far from a top. This is just getting started. Mr. Gold says, “These contracts are a zero-sum game. There is a winner and a loser. If the loser loses so big that they go belly up, then the winner becomes a loser because they can’t get paid. That is the problem. . .. When this actually hits and there is a failure to deliver, gold and silver will be wiped off the shelves, and there will be none to be bought. . .. This will be a run for safety, and fear is the greatest emotion there is. Fear is a far greater emotion than greed. . .. This is going to turn into a reverse bank run into gold and into silver because they cannot default in a world that is defaulting. . .. What you are witnessing is the end of trust. When you have the end of trust, the confidence breaks and credit is forthcoming only when there is trust. Once confidence breaks, the credit markets will begin to seize up. . .. When credit stops, it’s game over. You will see markets, institutions and stores shutter.”
Holter says you should be able to be self-sufficient for a while when the system shuts down. Storing up food and water is a good place to start.
In closing, Holter says, “This is the finale of the great financial reset. Make no mistake, what you are watching is the world resetting before your very eyes.”
There is much more in the 43-minute interview.
Join Greg Hunter of USAWatchdog as he goes One-on-One with financial writer and precious metals expert Bill Holter/Mr. Gold as the financial system begins its reset for 12.23.25.
To get a “Contagion Emergency Kit” from The Wellness Company, click here. You get $48 off (15%) and free shipping with the promo code USAWATCHDOG
After the Interview:
You can also call The Wellness Company at (800) 758-1584 where you can talk to a real human for help.
Bill Holter’s website BillHolter.com just keeps growing. There are lots of new free articles posted.
If you need to contact Bill Holter/Mr. Gold, his email is [email protected]
This segment is sponsored (in part) by Discount Gold and Silver Trading. Ask for Melody Cedarstrom, the owner, at 1-800-375-4188.







The videos are not coming up for me .
Nancy,
Your browser is blocking you. Try a different browser. Big tech hates USAW content.
Greg
Silver was $50 in 1980 and today around $70. $50 in the S&P 500 at the beginning of 1980 would be worth approximately $8,831 by the end of 2025, assuming all dividends were reinvested. This represents a total return of over 17,500% over the 45-year period. Every few decades the metals pop a little bit and Gold Bugs get out their pom poms. This will be no different than 1980 and 2011 for silver. My friends at the LBMA and the CME are ready to raise margin requirements hugely as well as throw hundreds of thousands of naked contracts at Silver which should put the final nails in silver’s coffin. Oh, and yes, I am hugely short silver 🙂
Excellent you guys,,and really cool camo Bill!!!! (dark timber ). If you owned 50 ounces of gold to start 2025 its up $1860 per ounce year to date = your up $93,000 on the 50 ounces of gold you own,,The Canadians sold off all of their gold reserves and only have around 77 ounces (bright bunch!😂),,,,,,Fort Knox is actually a military U.S. ARMY post…..The United States Bullion Depository is operated by the US Department of the Treasury and the Gold at Fort Knox is protected by the United States Mint Police,,,,,,which is a federal law enforcement agency,,,,,so the Mint Police are solely responsible for guarding the facility and its contents,,,including the gold reserves,,(The army also provides security),,,,,So if the Gold is missing,,,they have some answering to do (right?),,,,, Palladium is up $1093 an ounce year to date also,,,,,The red flags are everywhere,,,,,,,,,Bill,,,your signal feed is way way better you must have switched to Star Link or they are chem trailing heavily with Tio2 above where you are at to improve coms ground to satellite ??? Have a Merry Christmas Everyone!!! 🎄
2nd video in a row, the video never pops up
Jimmy,
The video it there. Your browser is blocking you. Change your browser.
Greg
G/S ratio right now, Tues, Dec 23, 2025 10:30pm PST : 62.13
I checked Miles Franklin out and they have an incredible selection of gold bars and coins and prices are excellent,,,, They match the local gold shop in my area but with a 100x better selection,, I never checked the silver but their gold selection is really super good,,,, I would stick with US gold coinage though if you buy !!! ( my personal opinion ),,,, Thanks again Greg $ Camo Bill !!! 💵 Greg’s sponsor Discount Gold $ Silver excellent also!!! I wish the sponsor Greg had with the night vision would sponsor Greg again,,, night vision will be invaluable when the Chevy hits the fan!!!
Will silver be confiscated for industrial and military use?
At what price will be the threshold? Hedge with gold and other physical assets just in case.
Will asteroid Apophis April 13, 2029 fulfill predictions effecting the sun and our magnetic fields and more? Are the worldwide dumbs for this threat? And, off planet transport? Maybe Weston can address this……and update what he has been watching….