from, Sprott Money:
In this episode, Andrew Sleigh from Sprott Money unpacks the deeper implications of Canadian tariffs on China, the accelerating gold and silver markets, and what a weakening USD means for everyday Canadians. He explains how the rising gold price reflects a global loss of confidence in fiat currencies, and how the silver price could surge as more sectors underperform and investors seek real assets. From the looming CBDC rollout in Europe to how the elite may be preparing for a monetary reset, this is a deep dive into the state of our global financial system — and why owning precious metals might be your safest move.
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As the conversation begins, the topic shifts quickly into Canadian tariffs on Chinese electric vehicles (EVs) and the reciprocal tariffs on Canadian agriculture. Andrew shares a broader view of how tariffs are used as a geopolitical tool.
“Tariffs are just another way of global warfare. And it’s designed to create another tax on the people involved, you know, the Canadian citizens, the Chinese citizens to make it more expensive to live.”
He emphasizes that tariffs are essentially disguised taxation mechanisms that directly impact the cost of living. In his view, this aligns with a globalist agenda:
“The globalist agenda is really to make it tougher on everybody and impoverish the middle class. Like the WEF, you’ll own nothing and be happy by 2030.”
Buy Gold And Silver As Fiat Currencies Weaken
Andrew strongly ties the economic trends to the weakening of fiat currencies and the resulting implications for gold and silver prices.
“People start looking at, okay, well, there’s no place safe or any blue chips worth investing in anymore. Where else do I put my money? Sooner or later, they’re going to start looking at gold and silver, which will, of course, then will force pricing up.”
He recalls past statistics highlighting Canada’s economic dependency on the automobile sector, which is now under pressure due to international tariffs.”If we have a problem trying to ship south of the border to the US because of tariffs, that’s going to have a massive impact on our economy, which is already in tatters.”
Gold Outperforms Financial Markets
Discussing the recent trend of gold outperforming key sectors, Andrew drops a striking data point: “There are 12 sectors that have now entered into a bear market versus gold. That has only happened four times in the last hundred years.” The shift signals not only a decline in sector strength but a broader confidence crisis in fiat-backed financial systems. He adds:
“This is probably the biggest news since the LBMA, aka defaulted in gold deliveries two months ago. Not that they want to admit that, but I mean, go from a two-day delivery to up to eight weeks.”
