We are coming to the end of a monetary era, which means all bubble assets and paper assets will go down in real terms by 50, 70, 90 percent, or even 100% (particularly bonds, including sovereign bonds, many of which will become worthless).

Most major currencies have lost 97-99% of their value in the last 50, 70 years, or since the creation of the Federal Reserve in 1913.

Gold at $4,500 is 'very, very cheap' and silver at $75 is 'massively cheap' relative to the anticipated currency collapse, and one should buy silver and gold 'with both hands' (aggressively and comprehensively).

This pattern of monetary system collapse and currency devaluation is not new but has happened repeatedly throughout history without fail at the end of every single monetary era.

Voltaire said in 1729 that 'Paper money eventually returns to its intrinsic value zero,' and a graph showing all major currencies from 1910 to today demonstrates this pattern with 97-99% losses.

The German mark valued in gold went from 100 to 100 trillion, with the biggest move happening at the very end, showing that exponential money printing produces exponentially accelerating devaluation.

The final bit of currency collapse will be massive, and many people will lose most of their money because they will not protect themselves and will continue to invest in bubble assets rather than converting to real assets.

Nixon lied when he said the dollar would be worth as much in the future as it was at the time of the gold window closure in 1971, as the dollar has actually lost 99% of its value since then.

Politicians always lie to save their skin and buy votes, and people fall for these lies because they do not realize they should protect themselves from decisions like Nixon's that fundamentally alter the monetary system.

Gold is not actually going up in real terms; rather, it is the value of paper money that is going down. Gold maintains constant purchasing power, so asking 'What price will gold reach?' is an irrelevant question.

There is no use measuring gold or bubble assets (stocks, bonds) in dollars, euros, or yen because you are measuring them in units that are losing value every day.

The price of a cow has remained constant in real money (gold) for 5,000 years, ranging between half an ounce and 1 ounce of gold, demonstrating stable purchasing power across millennia while nominal prices have risen millions of times.

Nobody (or almost nobody) owns gold today, despite warnings for 25+ years that individuals will lose all their money if they do not protect it with physical gold and silver.

The speaker and their firm bought gold at $300 per ounce in 2002, and gold is now at $4,500 per ounce, demonstrating a 15x appreciation, with further acceleration expected.

The decision to protect wealth through physical gold and silver is the most important choice individuals will make, and most people will take the 'wrong road' leading to 'perdition' by failing to convert paper assets to real assets.

Converting paper assets to real assets (especially gold and silver) now will protect your fortune, not just for yourself but also for your family and future generations.

Most investors are unaware they are standing on the edge of a precipice because they believe bubble assets will continue to grow indefinitely, but they will lose everything as the current monetary era ends.

The German mark, pound, yen, dollar, and euro have all crashed by over 90-95% since 1970, with only 1-3% remaining before they reach zero, and this final collapse will happen within the next few years with absolute certainty.

The current monetary era will likely not produce the extreme hyperinflation of Weimar, but will instead produce inflation levels similar to the 1970s in the UK (15-17% per year for up to 7 years), and this level of inflation will totally kill currencies in the US, UK, Germany, France, Japan, and many other countries.

History does rhyme and repeat itself, so paper money will inevitably die in this monetary era, and anyone who does not protect their investments now will lose most or all of their money within the next few years, especially if holdings are in paper assets.