Speaker 1: Especially with silver the people's money. You know, it's been
suppressed for so long people don't even really consider it
to be money anymore. But then again, for those who
are awake and aware and know and understand importance of possession,
you possession beats price any day.
Speaker 2: You are listening to Carrie Lutz's Financial Survival Network, where
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Speaker 3: More than ever, and welcome you are watching and listening
to the Financial Survival Network. I'm your host, Carrie Lutz.
It's October seventh of twenty twenty five, and I got
my good friend Mike here from Rethinking the Dollar. And Mike,
I love the time title of your site, of your channel,
because certainly the world is rethinking the dollar right now
as we speak. And if you don't believe it, look
at the price of gold almost four thousand dollars a
hair's breath away and silver a mini raid. It's down
to forty eight dollars, but it's going to blow pass
fifty dollars. Martin Armstrong says seventy five. Eric Sprott says
three hundred. I'm of the opinion somewhere between seventy five
and three hundred is where it's going to be. Assuming
there is a dollar left, there will be a dollar.
But again we're talking reset here, right right, right, one
hundred percent. Okay, thank you for having me on the show.
Speaker 1: And as I mentioned before, we win live mat just
so many stuff happening, and it's very interesting times. And
so in reference to the spot price that you just mentioned,
especially with silver, the people's money, you know, it's been
suppressed for so long, people don't even really consider it
to be money anymore. But then again, for those who
are awake and aware and know and understand important of possession,
you possession beats priced any day. And outside of the
spot price, we're seeing at forty eight dollars or so,
to actually get possession in your hand today, it's well
above fifty because you have the premium. And then also
I'm noticing a difference or a decoupling of the Western
and Eastern hemisphere actual physical possession price. And so here
in the US we can get possession of silver just
by going online and grabbing it, because this appears to
be a nice supply. But what I'm seeing in Europe,
from what I've witnessed, a lot of people post screenshots
of either limited supply or restrictions on how much you
can buy because of the unavailability of silver rounds especially
and even bars in a lot of European countries. So
the price for Spot physical in your hand out in
Europe is close to the fifties five, fifty six, efty
seven and so literally that to me is more of
what the real price is. So we've already surpassed fifty
in my opinion, but it just hasn't been reflected in
the total number of federal reserve units that I believe.
Speaker 3: Will one day.
Speaker 1: I have to be accounted for in the real price,
you know, Spot price wise. So yeah, but yeah, it's
interesting times.
Speaker 3: I just got to tell you a funny, funny story.
You know. I was at the SPOT conference in Florida,
and I was talking to somebody who's an expert in
medals bullion dealer silver gold, and said, what do you
think of forty percent Kennedy half dollars? Oh? Oh, nobody
wants them. They trade below spot and they're undesirable. I said, well,
then I'm not even going to mention war Nichols. And
you know, I'm just laughing because the last time when
silver got down to eight to ten dollars an ounce,
right after the crash, I picked up a bag of
forty percent Kennedy's one thousand dollars face value. I think
I picked it up below spot at the time for
around two thousand and now that thing is worth I
think around six thousand without and it might be a
little bit under melt value now. I use spot and
melt interchangeably, so if I confuse you out there, I'm sorry,
but it's probably right at melt value now and I
bought it. I think around ten percent below milt when
I bought it. And so the point is when there
is a silver shortage, when the supply is tightening, people
just want the metal, and you know, they're not worrying
about how much a smelter is going to change to
charge to melt the thing down. And that's a change
in perspective. One thing you said, I want to make
clear about most people not remembering when silver was money.
I was eight years old or seven years old, and
I think probably eight years old when they took silver
out of coinage in the United State. That means that
most of the people alive today don't remember when silver
when you actually drop the coin and you got that
chime because it's got silver in it, they don't know.
So there's a relearning process taking place here, Mike that
I think you and I and many of our colleagues
out there are assisting with. And for ten twelve years,
they just kind of laughed at us because everything seemed
to be under control. Silver was, you know, at twenty
bucks and most of the What they didn't realize is
that most of the deposits around the world were uneconomical
from a pure silver perspective. I mean, there's a company
I saw their mine out in Nevada. They were sitting
on like fifty million ounces that was almost exposed in
leech pads, and there was like they couldn't they couldn't
make a go of it. It wasn't economically feasible, even
with the government paying the money to get rid of
a super fun site. So my point is a remodetization
of silver is definitely on its way, and all the
metals I mean, look what's happening with platinum. It's over
sixteen hundred dollars an ounce. For years, it's been under
a thousand, and I keep saying there's no way it
can stay there. Of course I didn't buy it. The
reason I didn't buy it really is because it's just
people don't understand it. And that means that if you
need the liquidity of it, it's going to be hard
to sell it. You're better off with silver. It appreciated
more than platinum has. But that's the story for another day.
Point is the things that were taken as valueless for
so long are now considered valuable. And that's a big deal.
Speaker 1: Right right, you're true, And I think a lot of
that has to do with the mis education or the
misdirecting of information, and it happened to be centered around
the whole idea of financial literacy, Like financial literacy has
always been geared towards you know, whatever you earn and
then putting into the hands of somebody who can operate
on your best interests supposedly, but it's always into the
legacy trad fied markets with buying products such as indexes
or funds or whatever that might be never about the
true essence of what money was, is and will always
remain in this da nag. So financial literacy was literally
designed to distract people to where That's why this generation
they understand in the ports of metal. So you know,
that's why I kind of coined the phrase, you know,
monetary literacy. If people understood the monetary journey of what
a dollar is, you'll see how easy it is to
really appreciate the affordability of silver right now, especially a
fifty dollars. It's extremely cheap given you know where it
should go in the future. So yeah, education has been key.
Speaker 3: Man, and that's we're really in the educational business, the
education in street. When you get down to it, we're
using monetary history to explain to people what's going on today,
why you need to prepare, because it's not just the dollar.
It's every piece of paper, digital or otherwise out there
that purports to be a store of value and a
medium of exchange. You know, the dollar is still a
medium of exchange, but its store of value is greatly diminished.
I don't think it's going away tomorrow, but the trend
is inexorable. And whether Martin Armstrong's right, and it's twenty
thirty two, whatever it might be. This way, you need
to buy this book. Here. I'll get in a little
book plug here. The world according to Martin Armstrong Conversations
with the Master Forecaster, because twenty thirty two is it right? Now?
Everything appears to be normal to the untrained eye, though, Mike,
how do you how do you explain to your your
people out there that it's not what they think it is?
Speaker 1: Well, I would first point to just a lot of
the what appears to be distractions, Like I always looked
at look at you know, I know that a lot
of the agenda is to distract people from paying attention
to key issues. And so they're they meaning whoever's you know,
they're they're they're ready to navigating, you know, these times
we're in, they're throwing distractions of all kinds. And so
you have the technological a distraction. So we got the
AI situation with Sora and deep fakes and all those
things on one side. Then you have the whole military
conflicts and geopolitical events, so that's another issue. Then you
have the political rifferent rap between the left and right paradigm.
And so now we got a government shut down and
then you have you know all, you know, just the
the financial issues that our government has with you know,
the deficits and the dad and so it's more so
pick whatever you know resonates most with you. Where do
you personally feel that you're being shafted or being lied to?
And just start with that. And so everybody might be different.
Everybody's sitting in a different position these days, experiencing a
different level of irritation and frustration. And so once you
can pinpoint that, now dive deeper. And then that's where
you get to the education side. Because once you dive deep,
you got two choices. You can stay and attach to
the mainstream narrative or you can then go to the
alternative contrarian point of view, where you'll be more than
likely to get some counter narratives to the lives that
we're being told from the mainstream media. And then from
there it's like, okay, then what do you do with
that information? Because it's definitely going to disrupt your conventional
way of thinking. And now with that extra information you have,
what are you going to do with it? Are you
going to put it to action? And it alstomately leads
you to realize that you're responsible for yourself. No one
in a suit and a tied the podium can make
the change that you know we need as a people
and spell especially individually.
Speaker 4: So it all boils down to education once again.
Speaker 1: So once once I lay all that out, then at
that point the next response is okay, so what do
you do what pains you most?
Speaker 4: And then that's when I go back to rethinking the dollar.
Speaker 1: The whole idea of just starting my channel was the
narrative of b dollarization, like witnessing the removal of the
dollar out of the world system bit by bit, and
as you mentioned, the dollar's not going to where of course,
but every fiat currency is literally being rebranded right now,
and so de dollarization has been my primary focus. But
what we're witnessing now, I believe with the response of
gold and silver, you know, probably getting more attention that
you know, the people in power would like for it
to be. I think it's more so to do with
what I call the defiatization, where every government's in the
same boat looking for similar solutions. And that's why I
believe a lot of this is coordinated efforts by governments
in a unified sense to try to create disruptions, distractions
because ultimately debasement is all that can take place, and
that's where we get into the digital slide of thing.
So you know, everything is interconnected. But you know, gold
and silver is revealing truth because they are monetary constants
and they're not going nowhar but the price that we
perceive them as is based upon the destruction of the
fie currency. So yeah, and that's why that's what excites me, man,
just realizing that we're literally in the midst of a reset,
but not the way.
Speaker 4: Most people might typically think of it to be so exactly.
Speaker 3: Could not agree with you more. I mean, there's so
many things happening, and like you say, a lot of
noise out there, but the reality is that something big
is happening here, and you know you need to be
aware of it because the who the heck knows what's
going to happen here right.
Speaker 4: Right, right right.
Speaker 1: And so the good thing is and I'm sure you
know with Martin Armstrong and his forecast, you know it's
it's it's possible to get an idea based upon trends,
based upon the continuous reactions of those that are in
positions of power and this where I go back to
the dollar concept, realizing the journey of what we call
a dollar. We've witnessed the debasement as well as the
degrading of our financial structure for decades now, so that
it doesn't take a PhD to realize that there's only
so much readily available purchasing power left and what we
call a dollar. And that's why I also continue to
remind people that not all dollars are created equal. And
so what I'm holding my hand is a Federal Reserve note,
and so if you look at it from a technical standpoint,
it's a debt instrument, and all debts must come do
and so if you look at it from that standpoint,
then obviously there's a day of reckoning coming for that
unit there. But then also there's the American silver Eagle
version of a dollar, and on the back of it
it says a dollar as well. Now that has been
the recipient of the debasement of this note here, And
so just from that technical standpoint there you can see
what one you might want to hold onto a little
bit longer. But you know, narratives make a world of
difference as well as terminology at this point because every
little detail matters, I believe.
Speaker 3: Oh yes, that's for sure, and you know, they tell
us everything's fine. And that's that's why I got into this,
because the disinformation after the financial collapse, you know, eight nine,
was like staggering, and many of you out there didn't
understand what was taking place. So I felt like, that's
why I got into this. And now it's kind of inescapable,
isn't it. Right?
Speaker 1: Right, we were beyond any point of return, and a
lot of it has to do with you know, the narrative,
of course, and propaganda. Propaganda will pick up intensively in
the next couple of years because the goal is to
distract the masses from truth while keeping them hopeful of
some type of positive outcome. And so one again, I
don't necessarily mean to be critical of any individual person, candidate,
political party, but you have to realize that we didn't
get to this problem that to this point in history
without there being a lot of problems compounded upon each
other throughout the last decades. And it's been a left
and right paradigm issue. And so whether you left wing,
right wing, it's all a wing on the same bird
heading in the same direction. And so the question is like,
what are some key indicators that really really pay attention
to to witness this change as it unfolds. And I
believe it has everything to do with this current administration,
the team of advisors around him, the ongoing encroachment of
the government and.
Speaker 4: To our lives.
Speaker 1: We're hearing narratives about digital ID, We're hearing the investment
of our government buying actual publicly traded companies for the
sake of making our country data great again. But they're
not telling you the ultimate agenda, which I can go
down that rabbit hole, but I want to be too
doing gloom. But you see all these narratives for me
and with special tariffs, tariffs have been very hard on
the average John Jaye, because someone's gonna eat those costs,
and I doubt it's the people who are in business
to make a profit at the end of the day,
so they're just going to pass those costs on to
other people, i e. The consumers. And then you have
the government fiasco to shut down. So all these things
here point to a day of collision where we're going
to either have a public that gets tired of being
lied to as they find out truth and they're going
to push back or you're going to have a government
that loses the ability to control and deceive the masses
to where they now have to up the anti And unfortunately,
whatever you up to, Annie, it's usually to keep people
within the as the quote unquote sheepspan of control with
a much bigger distraction, similar to the health event we
had a couple of years ago which got everybody to
obey and comply and stay within the lines, and every
other event we've had, so there's always some type of
com that brings things back front center for the powers
that be I aka the government's and you know, the
special interest group. So I foresee an event coming because
you can't continue this current pathway without there being a
bubble bursting of some kind, and then that'll be an
excused for the next round of you know, plans and
operations for this reset that we're experienced.
Speaker 3: I believe it is so correct, and you know it's uh,
it's it's always sleight of hand. You see this hand,
watch out for that one, and that that's kind of
where we're at here. So best way is to prepare
for this. And by the way, uh, bitcoin, as I
knew was going to happen. I wrote articles about it.
It's in the midst of a short squeeze. And whether
it's an illusion and it's going to collapse and only
gold and silver will prevail, or whether it is the
digital gold of the future. That's for you to decide.
But certainly having a small exposure to it not one
that if it goes to nothing is going to break you.
It's in't such a bad idea, is correct? I agree?
Speaker 1: And so another little phrase I coined prior to this
administration is to be on the lookout for what I
consider to be the Maga wealth effect. And so, knowing
Donald Trump non highly operates, you know, he wants to
literally leave a lasting impression, and he loves to boast
when things go well, and then he loves to blame
when things go wrong. And I believe he wants to
own what he would consider the biggest boom in American history.
And I think crypto is a part of that bold
And so right now we're witnessing rents of all time
highs and everything priced in USD terms, and so you
have to look at it from the standpoint of are
they really appreciating and value that much from a utility standpoint,
from a you know, a benefit to mankind standpoint, or
is it our currency literally is being deflated away that
much faster from on a global scale to where you
have nations that are sitting on stockpiles of our AKA
reserves deciding to dispense some of those things for their
benefit and protection as well. So crypto is gonna go up,
Goals gonna go up, mine is gonna go up, Stock's
gonna go housing might go up, and so like that
to me is the truest sign of distortion awhere. Because
of this monetary reabity we in, we can't really decipher what.
Speaker 3: Will stick and what will not.
Speaker 1: That's why having some skin in the game, you know,
especially at a proportion that you will be willing to
lose if it was to be Yeah, I exposed as
a fraud or phony, you know, won't really hurt you,
hopefully as long as you got gold and silver as anchor.
Speaker 3: I believe. Yeah, this is it, man exactly, and you
need to you need to be aware of this stuff
because it's real. This is not your imagination or my
imagination or delusions. I mean. The fact is the dollar's
value since the Federal Reserve. It's virtually been completely debased.
The only thing that saved it and kept it where
it is obviously the military, but also technology, and maybe
AI is going to be the next step. Look, I
thought we were head for collapse at the beginning of
the two thousands, but then we got this thing called
the internet, right, and the Internet dramatically boosted productivity in
ways that the bean counters at all the various departments
in the government are unable to calculate. You know, when
I'm sitting here and when I had my IBM original,
IBM PC or clone, and I waited for it to
do something, it took like a minute to do it.
Now it's instantaneous. So my productivity has gone up. And
now with AI, my productivity has gone up one hundredfold.
Like literally, I've written six, actually nine books in the
past six or eight months. Not have the AI writing
them for me because that doesn't work because it has
hallucinations and stuff. But the ability to write my material,
dictate it and then have it put it into a
first draft where I can really get to work on
it and clean it up. And you know, that's how
I partly wrote the world. According to Martin Armstrong. I
took all my interviews, I transcribed them through an app.
Then I took the AI and cleaned up, got rid
of the o's and o's, and edited the pertinent parts
of the conversations. Then I wrote summaries and takeaways all that,
and then I had to clean it up. And then
I had a human editor go through all of it
and fix all the stuff it couldn't do and that
I missed because I'm better writer than I am editor.
But I would say, man, I would urge anyone in
this business write a book because it will have untold
advantages that you will know ever ever anticipate. So like
three predictions for the coming let's say year for twenty
twenty six, what you see happening?
Speaker 4: Okay, man, Okay, that's a good one.
Speaker 1: So finished off this year, I see, of course, golden
silver touching all the time highs that we you know,
wouldn't have foresaw happening this fast.
Speaker 4: So that's one.
Speaker 1: I want to get price predictions just because you know,
I could be proven work. But everything will continue to
go up. As I mentioned before, I think Trump's legacy
is at stake here, so he's going to do whatever
he can to make sure the things continue to trend out.
Speaker 4: So from a financial standpoint, you know, if you got
skin in the game, you should be good.
Speaker 1: One of the issues with that is also realizing that
it can't last whatever, So how do you either get in,
get out x or whatever.
Speaker 4: That that's gonna be a strategy in of itself. Okay,
second thing I would.
Speaker 1: Like to put out there is a probability of a
military conflict, some type of event as a distraction away
from the market activity if it doesn't happen to go
in a favorable way that this administs would want to go.
I believe that there's always the threat of some type
of conflict that could be an instantaneous boost for the
markets because our government then.
Speaker 4: Has to borrow and create and we're off the races again.
Speaker 1: And then next I would imagine I'm keeping an eye
on this, you know, Middle Eastern conflict. I think that's
going to be a real determined as to how the
rest of the world responds in reference to whether it
be military, financial, whatever, because you know that you know,
issue between Gaza and Palasinian and the Israelis, that's really
something to keep an eye on. Also, from a spiritual
standpoint as well. So those are three areas that I
think will be hot topics from here on out. And
the outcome could be favorable for those that are aware
ahead of time, but you know, uneventful unfortunate for those
that catch it on too as late. So yeah, educate yourself,
take action today people. Time is taking all right, man.
Speaker 3: I love it. And I think Armstrong says, look out
for Ukraine, whether it'll still exist because the Russians will
not accept the defeat there because that will be the
collapse and the splitting up of the Russian continent subcontinent.
They won't accept it. They're not going to allow it.
And that's something that you absolutely have to be aware of.
And I would say that bitcoin. I think bitcoin is
part of the plot to reset the dollar, and that's
why you had these stable coins and that's why you've
had all this acceptance. I was at the Bitcoin conference
Mike in Las Vegas, Bitcoin twenty twenty five and Trace Mayor,
one of the original Bitcoin whales. If I had only
listened to him, I would own my own island now.
He said that over half the contributions coming to the
Republican Party are from crypto interests. All right, and that
is a switch because those are younger people. Alignment of
the parties is totally changed. Not that I care about
the parties that much, but my point is that I
think they're going to inflate bitcoin to fifty million dollars
a coin and then use it to pay off They'll
issue a stable coin because the US government sitting on
a huge hoard of bitcoin. We don't even know how much.
We are totally clueless about it. It's hundreds of thousands
of coins. But if you would put a dollar into
bitcoin in twenty ten, it'd be worth one point two
five million dollars now. So for them to make that
thing go up another twenty or thirty times, isn't that hard?
Maybe fifty times. You do that, then you issue a
stable coin backed by bitcoin, you pay off all that debt,
and you reset social Security the leftovers, and the problem solved.
Whether the rest of the world goes along with it
or not is another issue, but that's what I'm predicting.
In any event, just tell us where we find you,
your website, your social media, all that good stuff, good stuff,
good stuff, good Carrie.
Speaker 1: Thank you as always for having me rethinking a dollar
just type in the search engine and it'll take you
to YouTube to rumble and then read thinking a dollar
on all the socials is where you can find me.
And I try to do any news updates, interviews, you know,
you name it. Any way I can to get information
is not common knowledge into the hands of the people
so that they can have a choice as to what
type of information they want to receive. So readthink a dollar,
just google it, you'll find you my friend.
Speaker 3: Thank you all right, then it's been a pleasure and
appreciate you coming on. And you really are making a difference,
even though there was a period of time where we
felt like we weren't making a difference. We really are,
aren't we a right? One hundred percent?
Speaker 1: There's more people waking up, and it's a clear indication
by go to silver activity right now. You know when
people want family and friends wain contacting me in a
minute on this subject matter reaches out. Yeah, they were
listening back in the day.
Speaker 3: And the sad thing is that the power that be
have have really suppressed our message, done everything in their
power to stop us, and yet the message still has
gotten out. We've still managed to get this thing done.
Here Man that's pretty I'm pretty proud of it because
you and I both know the suppression is real. Uh,
you know, certain big tech platforms still suppressing us after
all these years, man, and uh somehow we've managed to
to still actually get it done mat So that's off
to you. Appreciate you coming on. If you've got a
question for Mike myself, shoot me an email kl at
Carrie lets dot com. Financial Survival Network dot com is
now a stub a substack site because I just got
tired of maintaining the site. It was costly. Honestly. Substack
does ever everything all in one, so it's khl FSN
substack dot com or Financial Survival Network dot com. Mike
as always appreciated. We'll talk to you again, so for sure.
Thanks Gerry, having a good day.
Speaker 2: Thanks for listening to carry Letz's Financial Survival Network your
solution to today's trying times. For the latest, go to
Financial Survival Network dot com. Financial Survival Network now more
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