Financial Expert Warns: Precious Metals Manipulation Hides Global Currency Crisis

Kientz, who has been credited by the Gold Anti-Trust Action Committee (GATA) for his early work exposing market manipulation, quickly dismissed the recent drop, which saw gold spot prices fall 3.3% and silver 5%, as anything other than a planned action. He claimed the dramatic price slam-down is a necessity for the "big four banks" (naming JP Morgan, HSBC, Citigroup, and Bank of America) to conduct short covering and protect their massive short positions in the gold and silver markets.

"This is a short covering on the Comex in gold and silver while the regulator CFTC is on vacation. It needs a Department of Justice investigation at this point. Blatant manipulation."

He underscored the fact that these banks are not merely acting for themselves but are likely hired to manipulate the markets. Kientz argues that the ultimate beneficiary is any entity, chiefly the US government, the Fed, and China, that doesn't want the dollar to crash just yet, as higher precious metals prices signal the dollar's true, diminished value.

According to Kientz, the price suppression in gold and silver serves a critical, insidious purpose: hiding the crime of inflation and the repeated theft of American labor. The US government's inability to balance its books leads to inflation, which Kientz calls a "stupid ass" way to inflate the debt away. He believes the banks are then allowed to manipulate the metals market to keep gold and silver at artificially low levels, thereby concealing the severity of the dollar’s devaluation and the impending dollar crash.

"Americans have had to suffer the repeated crime of the theft of their labor because the stupid ass government can't balance its books and has to inflate them away. And then they allow the banks to go in and manipulate... so they can keep gold and silver where they want it so it can hide the crime."

He painted a dire picture of the global economy: "the whole global financial system is a train wreck, a dumpster fire with a nuclear bomb... about to go off any minute now." In this scenario, Kientz asserted that gold and silver remain the "only savior," not the government-backed Central Bank Digital Currencies (CBDCs).

The conversation segued into a more ominous warning about the development of a global digital control system. Kientz contends that the current geopolitical conflicts and trade agreements, which he describes as "Kabuki Theater", are merely distractions while governments worldwide accelerate the implementation of CBDCs and Digital IDs.

He suggests that the delay in the dollar's collapse is strategic; competitors like China and Russia are playing along because the global financial elite are not yet fully ready to roll out the digital system. Kientz warned that digital IDs have already been quietly implemented in 17 countries and are being digitized through existing laws like the Real ID in at least 11 US states, often without the knowledge of state legislators.

"The governments of the world want to put us in this digital prison, Danny... and they're not quite ready for that moment where gold is revalued."

This system, Kientz suggests, aims to monitor and control citizens, potentially locking down everything from employment and travel to bank accounts. Furthermore, he raised concerns about the tokenization of assets like homes and cars, asserting that citizens already don't truly "own" their vehicles once the Manufacturer's Certificate of Origin (MCO) is destroyed by the state.

Kientz ended with a passionate call to action, urging the public to stop merely watching videos and instead to actively engage with their state representatives to fight the rapid rollout of the digital ID and CBDC systems before they lead to a full-blown "1984-type of scenario" of tyranny.