Below is an interesting interview with Bix Weir who we’ve been keeping an eye on recently as he has some really interesting theories on the silver and gold markets. Warning though that some of his thoughts may seem extreme. In this interview he covers:
- How if you hold wealth outside the system as in physical silver and gold, no one can take it from you.
- How the world is melting down. Bank runs currently in Greece. 26 downgrades in Italian Bank stocks
- Spain and Portugal are also heading down the toilet
- How JP Morgan’s $70 trillion in derivatives is blowing up
- JP Morgan and its massive short position in paper silver
- Silver is in ‘backwardation’ – that is that the physical silver price is higher than the futures price
- There is no transparency in banks, especially from Jamie Dimon at JP Morgan
- Chinese are massive silver buyers at the US$25-US$26 levels (we’ve just seen silver bounce from this level in recent days)
- How no one should be selling their physical silver
- That you should stay out of the ‘paper system’ and hold your physical silver
Author at Gold Survival Guide
Glenn Thomas is the co-founder of Gold Survival Guide, which he launched in 2009 after years of active involvement as an investor in the precious metals markets. With over 20 years of experience in the sector, Glenn has become a trusted authority on gold and silver investing. Since 2011, he has written and published a weekly gold and silver newsletter, with over 650 editions and counting. Additionally, he is also the author of more than 300 blog posts covering the why, what, when and how of buying gold and silver. As a result he is the creator of new Zealand's most comprehensive repository of precious metals investment information.
Glenn's dedication to educating individuals on wealth protection through precious metals has helped over 2400 clients from New Zealand, Australia, USA and Europe to safeguard their financial futures. Passionate about financial independence and lifestyle freedom, Glenn’s mission is to empower others with the knowledge and tools to thrive in today’s volatile economic environment. When he's not advising on precious metals, Glenn enjoys spending time with his family and pursuing outdoor adventures.
Education: University of Auckland Bachelor of Science
Linkedin: https://www.linkedin.com/in/glenn-thomas-0984a4310/
Glenn's dedication to educating individuals on wealth protection through precious metals has helped over 2400 clients from New Zealand, Australia, USA and Europe to safeguard their financial futures. Passionate about financial independence and lifestyle freedom, Glenn’s mission is to empower others with the knowledge and tools to thrive in today’s volatile economic environment. When he's not advising on precious metals, Glenn enjoys spending time with his family and pursuing outdoor adventures.
Education: University of Auckland Bachelor of Science
Linkedin: https://www.linkedin.com/in/glenn-thomas-0984a4310/
Latest posts by Glenn Thomas (see all)
- Why Buy Gold? A New Zealand Guide to Protecting Your Wealth - August 11, 2026
- When the Crowd Loses Interest, Who Keeps Buying? - August 5, 2026
- If the US Dollar Was Linked to Gold Again, What Would It Mean for New Zealand? - August 3, 2026
