Lanci’s book argument, compressed into one line from this interview: “People think the global financial system runs on money… it runs on collateral” (2:05). For decades that collateral was Treasuries. His case is that the crown is changing heads: “It’s the collateral war that I care about, and right now I think gold is starting to win” (6:34).
The receipts: Asian central banks that held 10-12% of reserves in gold are now at 20%, Poland is heading to 30%, “and they’re probably all going to go to 30%. So they’re not done buying gold” (7:38). And where does silver fit? Lanci calls it the Goldilocks metal: “It is monetary, it is precious, and it is industrial” (7:58). Which is why Russia is adding it to the balance sheet, and why he expects silver to enter collateral baskets after gold. “You’ll see like a bimetallic standard return” (8:21).
Near term he’s more boring than the book: he believes a floor sits under silver around $70 (his belief, stated with “I have no proof”) and sees the metals rangebound for a couple more months (31:30). Long term is the reason to hear the whole interview above.
As Good As Gold: The Return of Real Money author Vince Lanci joins the SilverTrade Insider for a MUST WATCH interview on why the ULTIMATE COLLATERAL is displacing Treasuries.
The international monetary system is not built on currencies.
It is built on collateral.
Lanci STIRS UP THE HORNET’S NEST - it’s not about the DOLLAR MILKSHAKE or GOLD, it’s about WHO WINS THE COLLATERAL WAR!
Lanci maintains that SILVER SITS IN THE SWEET SPOT, & we will see a gold & silver bimetallic standard return!!
Pick up a copy of AS GOOD AS GOLD here:
