Speaker 1: Before politicians took over and humanity was free. I gets
you up if you try to tell me who to be.
Speaker 2: You are listening to Carrie Letz's Financial Survival Network, where
you get valuable information you just can't find anywhere else
to thrive in today's trying times. You need the Financial
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Survival Network now more than ever.
Speaker 3: And welcome you are listening to and watching the Financial
Survival Network. I'm your host, gry Lutz. Well, our good
friend at Gerald Celetti of Trends Research is with us now.
And Jerald, your cover of this week's Trends Journal is
residential reality show. It's the economy stupid. That kind of
sums it all up, doesn't it.
Speaker 1: Yeah, that was the phrase that the Clinton campaign used
back in nineteen ninety two. That was behind the scenes.
Things were going.
Speaker 3: Tough back then.
Speaker 1: You know, the pack of the crash, the market crash
in nineteen eighty seven. You know things are going down
and it's the economy. I mean, that's all the people
are really interested in, the main thing. And if the
economy stays where it is well, just goes down a
little bit. We're forecasting Harris is going to win. It
has to be something major, like a stock market crash,
you know, something to that effect, the real wildcard that'll
bring Trump in.
Speaker 3: And there's more to it.
Speaker 1: By the way, you go back to our trends journal
I'm going to May of twenty twenty two. The midterm
elections are going on in your trends journalist right there
in black and white, and you got to say black
and white because I don't have to call racist. Says
that Kamala Harris is going to be the heir to
the Democratic throne. This is going back to twenty twenty
two because Biden at seventy nine years old, is not
respected by the American people and because of the economic conditions,
and she's going to hit the campaign trail and the
major issue is going to be abortion. Really again, we
call it like it is not what you want, not
what you like, not what you wish for, it's what
is we said. Facts are right there twenty twenty two.
The Republicans are not going to do well in the
midterm elections because they should be doing great because of
the economy, because of their anti abortion stance for a
lot of people. It's the one issue election, right and
you look at the numbers and the vast majority of women,
Independents and Democrats are pro abortion. And you have the
Republicans coming out and Trump saying, you know that he
did more to destroy rovers way than anybody vance coming out.
You know anti that is going to be a big
winning ticket for Harris being a pro and by the way,
again not taking a stance making it clear the hypocrisy
from these repulsive kins like a little clown boy of
nothing like that. Mike Johnson, I'm not talking. I want
to make this clear for everybody listening. I'm not talking
about regular people. I'm talking about the politicians. Politicians like him.
Calls himself quote an evangelical Christian, and he's anti You
don't kill the babies while before they're born, but more
money for war kill them when they're alive. What hypocrisy?
What hip hoc price. Oh you know you're gonna anti option.
You don't want to kill a baby that hasn't been born,
but here's more money for the for the Israel war,
for the for the Ukraine war. Keep killing people all
over the place, but don't kill her before they're born.
That's the arrogance and stupidity of these little testa dicatsos,
as we would call them an Italian.
Speaker 3: All right, So so you really think she's gonna win?
But oh yeah, her campaign reminds me of that Seinfeld
episode where George is pitching the script for the movie
and they say what is it about? And he says,
it's absolutely about nothing. Yep, right, it's a reality show.
Speaker 1: And she she has again you go back to some
of our other trends general covers, you know, we we
we make fun of R and him, you know, and
and it's, uh, it's basically Mickey Mouse verse verse Donald
Minnie Mouse verys Donald Duck. I mean, yeah, she comes
out smiling and happy at and Trump goes out.
Speaker 3: Here right yeah, right right right out right. I mean,
I mean, yeah, how stupid can you be? Man? How stupid?
The thing is?
Speaker 1: Trump is so damn arrogant and narcissistic. His team knows
he shouldn't be doing what he's doing, but he doesn't
listen to anybody, and he listens to himself. And by
the way, I had lunch with his brother Robert, who
passed away back in twenty seventeen. And you know, Robert
was a nice guy, but you know these are daddy's boys. Yeah,
Robert told me his father father left almost a half
a billion dollars worth of properties.
Speaker 3: That's correct. Yeah. So what about this whole thing that
Trump wants to become a dictator and you know the
way that they're portraying him is that just does he
really want to be a dictator? I believe so. Again,
listen to his comments.
Speaker 1: Maybe he said to the Christian people after this, you'll
have have to vote again when I get in there.
Speaker 3: Yeah, but he's got a twisted sense of humor too,
doesn't he Well again, what's right? What's the humor and
what's the facts? Well, how many people did he lock
up for doing offensive memes? How many websites did he
shut order shut down because they said bad things about him?
You know, he didn't really act that way his first term.
Is this one going to be different?
Speaker 1: Oh, let's look what he did the first term. He's
the guy that gave us the operation warp, speed, gene therapy,
and oculation. He's the guy that called a state of
emergency on March thirteenth, Black Friday, not being racist. That's
they call it Black Friday in twenty twenty. Yeah, he
was the guy that locked down everything. He called the
state of emergency.
Speaker 3: Yeah, so what are what do we do here? Like,
how do we get operation piece? What do we do?
Speaker 1: There's no peace? Piece is a dirty word. You're not
allowed to talk about peace. Look what they did to
Scott Ritter, a guy that's anti war, a real man,
woman marine, been on the other side. That's why he
hates war. And look what they did. FBI came in book.
Speaker 3: Yeah. Yes, so war is still a racket. Huh yep?
Speaker 1: And again, piece is a dirty word. Is anybody on
the media talking about peace? Did they have anybody out
there talking about peace?
Speaker 3: I haven't heard anybody talking about it.
Speaker 1: No, hequot little clowns like Lindsey Graham.
Speaker 3: He never met a military intervention he didn't love, right, yep.
So we take it back to Smedley Butler. Right, Ye,
war as a racket. Where's a racket? Nothing's changed here,
hows it? Nope? All right?
Speaker 1: Yeah, listen to a man again who's been on the
other side and knows the horrors of it. General Dwight D.
Eisenhower became president Supreme Commander of the Allied Forces in
World War II, five star general. He wants the American
people that the military industrial complex is robbing the nation
of the genius, of the scientists, the sweat of the labors,
in the future of the children.
Speaker 3: Here we are.
Speaker 1: Look at the money going to war. Look at the
hundreds of abilities, the trillions that we spent killing over
a million people in Iraq, Afghanistan, slurtering hundreds of thousands,
several trillion dollars as the country is riding in front.
Speaker 3: Of our eyes. I mean, yeah, I'm in New.
Speaker 1: Yorker, you know, I'm down the city a couple of
weeks ago. This is way worse than it was back
at the worst time in the seventies. Yeah, I know,
true garbage everywhere, up out, get down the streets.
Speaker 3: Yeah. I do my best to avoid going to New
York City. Yeah, like, whatever it takes to avoid that place,
I avoid it. But they're lying about all the crime
stats and everything else.
Speaker 1: Now too right, yep again, look look at the subway.
It's a night in Calcutt up. How about am crap
a little stupid tray we got They got high speed reil,
all of them at Japan, Gina, Europe, and we got
this crap. The country's rotting in front of our eyes.
Speaker 3: That's the truth. It really is rotting in front of
our eyes. So what's the individual? What are you and
I supposed to do here? Gerald Well?
Speaker 1: On September twenty eighth, I'm having a peace and freedom
rally up here in Kingston, New York and go to
occupied peace and you could see it having judgment of Politano,
Scott ritor Max Blouman to all any power, pill and
others as speakers. We want to get a million people
here to close down the streets. So we could they
hear our voice of piece.
Speaker 3: It's going to be the wood It'll be the Woodstock
of peace.
Speaker 1: Well, Woodstock is is It's lip to odd Land now
Woodstock Radio. They don't, they won't promote anything I do.
They're they're little cowards, their little arrogant, arrogant, arrogant, arrogate.
Not this little boys and hey.
Speaker 3: So remember when the Democratic Party was the Party of
freedom and uh civil rights and uh free speech and
all that stuff. Uh what happened to that party?
Speaker 1: Very simple again, One of my books Trends two thousands,
excuse me, trend tracking far better than Mega trends Time Magazine.
I wrote in the book to Decline of the Republic
the Democratic.
Speaker 3: Party, who is going to Happen?
Speaker 1: And talked about it more in this book Trends two thousand,
which is an international bestseller. So when they brought that
slime ball in, matter of fact, they even did a
T shirt when he was running in nineteen ninety two. Yeah,
how did you say that? Yeah, beware slick Willie. That
was the end of the Democratic Party when they.
Speaker 3: Brought him in. Was it hurt him or was it Hillary?
Speaker 1: No, no, it's him, or Hitlary Hilary Hitlary?
Speaker 3: Yeah?
Speaker 1: No, this is the guy that Norman NaSTA. They took
our jobs away from America. They brought it out to
cheap labor in Mexico. There's the skump that wire shine
into the World Trade Organization. This is a guy. Central
Communications Act nineteen ninety six were allowed that. Back in
the day, when we were young guys, there were thousands
of independent radio stations, newspapers, television stations, all locally owned,
the Big Zone everything. Now this guy he became, he
became the Republican. He killed a Democratic Party. Oh how
about how about Madeline, not all that right. The man
sheep brought in the l the former UN ambassador who's
on with Leslie Stall on sixty minutes and Leslie Stall
anybody could google it up Leslie Stall Madeline Albright, she
asks him, is the price of five hundred thousand a
rocky children under the age of five that have died
because of what Bill Clinton has done to Iraq? Worth
the price? And Madeline Albright says, yesterdays, all right, Oh
you like to you because of old war, the Yugoslav War.
Look at Bill Clinton. He changed the whole democratic part.
Speaker 3: It became the Party of War. Yeah. Remember, the only
good thing to come out of the Yugoslav War is
that they bombed the Hugo factory. So that saved a
lot of people from driving around the Hugos.
Speaker 1: And you know, people forget with the reason why they
they took out Yugoslavia because the the was the end
of the Soviet.
Speaker 3: Empire.
Speaker 1: When Gorbachev was in there, the whole and the other
clown and the whole thing started to die and all
the countries started going with the West, except Yugoslavia. They
wanted no part of it. They were going to be
their own there was still a socialist nation. People forget
the top diesel engines in the world were being manufactured
in Yugoslavia. It was a very advanced and and and
again my friends from Montenegro, from Croatia, they all say
how great things were going, and then they caused the revolution.
Speaker 3: Again.
Speaker 1: It's America getting involved in all these countries that we
should have no business. Again, the founding fathers George Washington's address,
don't become involved in any of this.
Speaker 3: We're going off the tenues. Yeah, yeah, so this whole
thing now, I want to switch gears to China. It
looks like everything in that country is like collapsing before
our very eyes.
Speaker 1: What are the trends saying there? Okay, let's go back
to twenty nineteen. China was doing great. Then they launched
the COVID War in January twenty twenty on their Chinese
little near New Year, the year of the rat Elms
and three years of zero COVID policy.
Speaker 3: They destroyed the country.
Speaker 1: We used to say before that that the twentieth century
was the American century, but the twenty first century will
be the Chinese century. Fine, because the business of America's
war in The business of China is business. But China
went to the COVID War. Let's go back again. This
is why I always say, is no such thing as
a few they'll be a predict the future.
Speaker 3: There too many wildcards.
Speaker 1: Twenty I mentioned about Bill Clinton bringing China into the
World Trade Organization. You look at and it came in,
by the way, two weeks after nine to eleven. You
look at China's GDP from like nineteen seventy to two
thousand and one, it's like this going like this thing right,
they get into the World Trade Organization, shoots.
Speaker 3: Up a requiz.
Speaker 1: All the manufacturers that could in Europe and America went
over to China for cheap labor to get this stuff made.
So with all booming economies they thirty some According to
the data, some thirty percent of China's GDP is related
to real estate.
Speaker 3: As with all booms, there's a bust.
Speaker 1: They made a bust, very bad, terrible by three years
as zero COVID policy. They destroyed their economy and the
second country to lockdown was Italy and America, and one
after another. The damage done by the COVID War is
in calcul in calculate.
Speaker 3: YEP couldn't agree with you more. And you know, looking
at China, so you know they've got a mess on
their hands. There's a rumor that she has been deposed.
I don't know if it's true or not. Impossible for
us to know these things. But so are they going
to invade Taiwan to distract from their problems there? Or
is that all a head fake? I don't know.
Speaker 1: You know, as I say, when all those fails, they
take you to war exactly, And they may do that.
But here's the other thing that China is going to
do the same thing that Russia did. Let's go back
when twenty twenty two when the Ukraine War began and
the United States and Europe put severe sanctions on Russia,
and Biden said, Putin will pay the price.
Speaker 3: No, they did.
Speaker 1: Their economy went up strong. You know why they became
self sustaining.
Speaker 3: Right.
Speaker 1: They have the human and natural resources to do it.
The same thing with China. They don't want to be
they don't want made it. They want the people. They're
going to push into the people's brain only buy made
in China. Now, what do you got in America? At
three hundred and thirty two million people, where you got
Europe about four or five hundred million. What do you
have in China one point four billion? So one point
four billion buying and trading with each other and nothing. Yeah,
they're going to go more self sustaining.
Speaker 3: The nationalism. Yeah bye. But you know, China and Russia
really don't like each other much. It seems like nobody
likes anybody. And one trend that I know you've commented
to Don a number of times is I don't care
where the person is on the planet, what country, wherever.
They hate their government. They absolutely loathe their government.
Speaker 1: Right yep, wrote I wrote something the other day, just
wrote this down before politicians took over and humanity was free.
Speaker 3: I left you up. If you tried to tell me
who to be.
Speaker 1: Oh no, no, I'm Gavin Newsome. I'm a little arrogant boy.
My daddy worked for the Getty Dang.
Speaker 3: Oh.
Speaker 1: I have all these successful businesses because the Getty's gave
me all that money.
Speaker 3: I'll tell you what to do.
Speaker 1: I'm a little Andy Cuomo, another little daddy's boy.
Speaker 3: My daddy was Mario.
Speaker 1: Lock down your business, close down your go stand six
feet apart, bendover, yes, sir, yes, sir, all right.
Speaker 3: I gotta tell you a story. I once went to
a political breakfast for Andy Cuomo when he was Attorney General,
and you know, it was very friendly. He seemed like
he was a bright guy, seemed like he really wanted
to fix the systemic problems of New York. And I said,
do you know, like, Hey, I've been running business that
is in New York since I'm eighteen years old. And
the one thing I can tell you is, whether you're
a small, medium or large, New York hates you and
they do everything they can to help you fail. And
you know, he didn't disagree. And then like three weeks later,
my law firm got a subpoena from his office. There
you go, hey, And RFK Junior is another story. I
used to work out in the same gem as him
in Westchester, andous to me, it's obvious they've never taken
him as a serious threat because none of the stories
that I have personal knowledge of have ever hit the airwaves. Yeah,
so he's just a part of the reality show. He's
the outlaw. You know, you always need a villain, right,
Every show needs a villain. If you don't have a
villain in a reality TV show, it dies right.
Speaker 1: Yep, and it's all it is. It's a reality again.
It's a freak show. We got a bunch of freaks
tell us what to do, and a bunch of little,
arrogant little nobodies.
Speaker 3: If they knew what they were talking about, that would
be one thing. But these people are not the brightest people.
They're not our best. Look.
Speaker 1: I was the assistant to the Secretary of the New
York State Senate at twenty six years old.
Speaker 3: Yeah, no, you know.
Speaker 1: I used to work on political campaigns in Westchester County.
Speaker 3: That's how I began my career.
Speaker 1: I designed it and instructed a course by the way
welled American politics and campaign technology, how to run political campaigns,
and I taught out of Saint John's University. When I
was a number two guy running at Major Trade Association
at thirty years old, I had a photo I picked
up Ronald Reagan at the Chicago Hilton and we had
to put on a trade show at McCormick Place, and
he was our speaker. This is two days before he's
announcing he's running against Gerald Ford for the nomination. Nineteen
seventy six. I've been with President's Prime Minisism, Princes I've
been on the other side. I know what it looks like.
There are a bunch of these are the people I
hated in high school and college, that wanted to be
class president, who had his counsel.
Speaker 3: You got it. I knew exactly what you mean. I
totally do. And you hate those people. Yep, kiss ass
brown those you know. I was trying to explain to
somebody who spoke Spanish what a kiss ass was. So
finally I had to pull up a meme of a
guy with his She said, oh now I understand. Oh yeah,
that's how you get ahead. To get get ahead, to
go ahead, you got to get ahead along.
Speaker 1: To go along, right, you got to suck up and
bow down and take a crap. When I quit to
send it was one of my best friends, Brian Donniu,
may rest in peace. His wife became a lieutenant governant
under the attacking standing in the back of the chamber, right,
and he got this fat slob opening the door. Senator
Frank Jones, Senator Tom McNeil, what's this crap with this
guy opening the door. People can't open the door by themselves.
Speaker 3: They look at me.
Speaker 1: Then we'd be talking and my buddies would follow the
senators to the seat when they came in, pull out
the chair and help him sit down.
Speaker 3: You can blow up. You got it, Royalty.
Speaker 1: They come back, I say, hey, man, what's the matter?
Cat can't sit down by himself. He needs some help. See,
you know, Gerald, you have that kind of an attitude.
You're not going to make it here. I just listen, man,
this ain't my trip.
Speaker 3: I quit. They could believe when I quit, I'm not
going to do this crap. No, you know, I was
in the Austria a couple of summers ago and looking
at the Habsburg Museums stuff. I mean we got like
the same thing, except that our people aren't royalty, but
they seem to have been in bread uh you know,
as part of this effort to get them where they are.
Speaker 1: Yep, I think the Churment just said royalty. Why royalty
a crime syndicate murdering people all over the world.
Speaker 3: Oh, we don't peel pooh, we're royalty very much? What
made up this royalty clap? All right? I'm afleet. So
we're going to have this global collapse, right, I mean
that's baked in the cake. They seem to want it, right,
This is what their their game plan is, how do
you survive it?
Speaker 1: I don't think it's a game plan. Uh, it's going
to be a collapse. And again, when nobody's talking about
and going back to the COVID War and only in
your trends journal, go back to May of twenty twenty
when they started locking down the country.
Speaker 3: I remember it well. I didn't pay any attention to it,
but I still couldn't go out to a restaurant to
go eat.
Speaker 1: And you couldn't go to work. Your office vacancy rate vacant,
I asked adad just came out in New York City
forty percent vacant.
Speaker 3: It's a ghost.
Speaker 1: How San Francisco, you're all of the offices like eighty
or something there. Oh, just all the that's just the
office vacancy rate, but all the commercial I'm not putting
the commercial in. It's lower when you put the commercial in,
it's only about In New York it's about twenty four percent.
But the office vacancy is forty percent San Francisco. Before
the COVID War, your office vacancy rate excuse yeah, the
office vacancy rate was five percent right time in New
York wasn't there. New York was nine digits. New York
was higher. Now it's thirty four point five percent. The
hotels are doing terrible, the streets of silver crap and people.
Now I'm mentioning this because there's going to be massive
to faults on commercial real estate. Oh yeah, particularly the
office buildings. No one's talking about this, No one, not
the mainstream media. They won't refuse to report on it.
Let's go back to twenty twenty three. Three banks went bus,
Silicon Valley, Conman Bank, first Republican signature. Yeah, gold prices
skyrocketed and the market was tanking. Three banks. You have
four trillion dollars worth the commercial real estate loans coming
up in the next over the next two years, there's
going to be default like like you've never seen. Here's
a fact, you know, New York, fiftieth Street mid Towen,
a building that sold for three one hundred and twenty
million dollars in two thousand and six, two weeks ago,
went up for auction. They sold it for eight point
five million dollars.
Speaker 3: I saw that. You saw that. Yeah, So.
Speaker 1: The office building bus is going to cause the banks
to go bust. That's going to crash the global economy,
the equity markets, and ramp up World War three because
when all those sales, they take you to war. Just
go back to the Great Depression again. People don't know this,
you know. I do podcasts with Judge Adrewopolitano eachure on
the Gerald celenty Channel, and when we're talking about in
World War two, he said, oh, yeah, you said the
Americans and the British cut off all the oil supply
going in.
Speaker 3: Mostly that's not true. No to Japan. Oh, to Japan,
that's what triggered it. Yeah, but there was still trading
with the Nazis throughout World War two. Right.
Speaker 1: Why in other words, why the Japanese bomb pro abit?
So like google up, you could anybody google up Franklin
Roosevelt seizes a Japanese assets.
Speaker 3: Google it up.
Speaker 1: History today comes up.
Speaker 3: Again.
Speaker 1: When all those fails, they take it to war. There's
the Great Depressions going on. In July of nineteen forty one.
President of Franklin Roosevelt seized all Japanese assets.
Speaker 3: In America July twenty sixth.
Speaker 1: Because there was dirty Japanese invaded French Indo China. Wait
a minute, French Indo China. I think that's called Vietnam
and Laos and Cambodia, right, And what the hell are
the French doing over there? Oh, we're stealing their tin,
their rubber, greape, pillage robbing. How dare those Japanese go
in there? Oh?
Speaker 3: Yeah, the French Foreign Legion?
Speaker 1: Then you google it can right there, the Dutch and
the UK with the United States cut off three quarters
of Japan's global trade, right, and eighty eight percent of
their imported oil, the only imported on you.
Speaker 3: I see it right here, yeah, right right there. Yep.
Can't understand why. I'll put the link in the show
notes here, Gerald, I think that's really important. I didn't
know this. I didn't know this until two years ago.
I knew they cut off the oil, right, I didn't
know the other parts. But at the same time, throughout
World War two, our great corporations were all trading with
the Germans, all of them gm Ford. I mean, the
archives are full of this, and so it makes you
wonder what the heck the war was really about. It
wasn't about what they said.
Speaker 1: It was.
Speaker 3: Oh how about Prescott Bush, Yeah, Union Bank right, a
Switzerland right director wandered Nazi.
Speaker 1: Money again I didn't know this. Again, when all else fails,
they take you to war. Yeah, and then you and
you read that thing. And the Americans also, they also
are angry about the French the Japanese going into Vietnam.
They took over a Cameron Air Force basis is it
right there, which was eight hundred miles away from the
United States troops in the Philippines.
Speaker 3: What now were we doing in the Philippines? Oh?
Speaker 1: Oh, and the British were in Singapore? What now? Oh?
The sun never sets on the British Empire.
Speaker 3: Forgot?
Speaker 1: They could kill anybody, anyone everywhere.
Speaker 3: I have a great book for you if you haven't
read it already, and I know you're like an avid reader.
It's written from a real lefty perspective, but it was
so so spot on. It's called Gangsters of Capitalism. Smedley
Butler the Marines and the Making and Breaking of America's Empire.
I mean, he goes through every single military intervention the
United States did from after the Civil War up to
and including World War One, and Smedley Butler was at
each of those military incursions, which is why like when
we like, where was it in Costa Rica or Guatemala
where we basically invaded the country to save United fruit
because they were nationalizing the plantations. And it's like there's nothing,
this history never got written, you know.
Speaker 1: Nope, No, it's so sad, you know, it breaks my heart.
And but anyway, that's again, like you said, I what
are you going to do? I'm doing everything I can do.
You're doing what you can do, and everybody has to
do what they can do. And again, you know, as
I said, if the billionaires, if a billionaire donated to
our occupied peace movement, we'd had peace. We have billion
dollars a piece.
Speaker 3: Hey, so what about Elon Musk? Give us your take
on there, you.
Speaker 1: Guys onto his own ego trips.
Speaker 3: I see it, well, you know, but I don't know
who's behind to them. What is real deal is? You know,
electric vehicles all right, you could say what you like
about them, but honestly, I think they're better than gas
powered ones. Not that they're going to save the world,
because that's a ridiculous notion. Uh Man's very nature, very
existence is an attack on nature, right, we have to
we have to subvert nature to survive. We can't just
get along with nature and have the population, stay the same,
or go up electric vehicles.
Speaker 1: We had one of our top trends for twenty twenty
four was EV's go fu. We've been writing about the
evs since the beginning. You're looking at a battery that
the batteries were invented in eighteen hundred, I dare it's
they're the sales are going down everywhere except in China,
and they're going up in China because they're giving the people,
you know, money to buy these things.
Speaker 3: But they're not.
Speaker 1: And again, sixty percent of China's energy, by the way,
comes from coal, so you know, the pollution rates are
still very high.
Speaker 3: Now, evs aren't the answer.
Speaker 1: Again, if we took the money again, as Eisenhowers said,
we're robbing the nation of the genius, of the scientists,
sweat of the labors, in the future of the children.
If we put this money rather than going into war,
into research and development, we'd be we'd have a real
clean energy cars and clean energy life. But again, let's
go Yeah, I'm the Hudson River over here. How you
like all those PCBs in it?
Speaker 3: Gee? Thank you? Ge? Yeah?
Speaker 1: How about how about all the microplastics? I mean, how
about how about all the ultra processed foods that people
gulped down with all that crappy food.
Speaker 3: That's a that's a manufactured product. Process food should not
be called food. Yep.
Speaker 1: I remember when we were young guys, there used to
be a thing called the Wringling Brothers in Bottom and
Bailey circuits. Yeah, it went out of business. You know what,
you get to save the elephants. No, you don't have
to step right up, step right up. See the fat man,
see the tattooed lady, see the beauty lady. You don't
have to pay for it anymore around the street everywhere.
Speaker 3: So they couldn't take the competition. Huh No, they're everywhere. Hey,
do you know what Edison's most profitable invention was the
alkaline battery? All right? That was way more profitable than lighting,
than electric, than anything else, because you know who the
biggest the purchaser of the alkaline batteries were the US
military War two, and he made them in his factory
in New Jersey, And that's just where I grew up.
If you've never gone to Edison's lab, it really is
worth going to. He had his faults as a person,
but you will do yeah, yeah, we're none of us
are saints here, let's face it. But you know it,
really that was his most profitable invention. Forget movies, forget
phonograph records, forget light bulbs and power generation because he
screwed that up. And Tesla, the original Nikolai Tesla, was
really the behind a lot of the electrifications. So so
you know, nothing really ever changes. Hey, one thing about
these empty skyscrapers, you know, for are screwed up society
where a single parenthood seems to be the norm. Honestly,
the lockdowns and the remote working where it's possible really
helped these single parents a lot because they don't have
to go to the office every day, assuming they still
have a job. Right.
Speaker 1: Yeah, but again going back to those buildings, all of
the buildings again, that one on fifteenth Street did non
convertible into housing. They get it's in the middle of
the block, so you got this big empty space, you
got no windows. All these are clay store These things
are just they're just empty, big empty steel and glass.
Speaker 3: They're not convertible. Yeah, their maximum floor space. They didn't
care about views. Like the old buildings, like the Empire
State Building, the Chrysler building. All could be converted because
they the distance from the core of the building where
the elevators are is perfect. And that's why they converted
all those buildings down in Wall Street. They were perfectly
re repurposed. But you can't take these office buildings. How
are you going to take the old GM building on
Fifth Avenue had turned that into housing. It can't be.
Speaker 1: Done no, by the way, New York Times in the
Metropolitan section.
Speaker 3: Just about a month ago, the Salives.
Speaker 1: Had a major story about Joseph pel Lombardi, who redid
Liberty Tower that's right near it's about nineteen I think
it's nineteen oh seven or nineteen ten building that he
bought in nineteen seventy eight. I believe he was the
only one to bid on it. He paid under a
million dollars for it and converted it into beautiful apartments.
That's my cousin, oh really, yeah. My second cousin is
my mother's Yeah, and that's who They called them a visionary.
It's my mother's cousin's son. Each other, and I know,
forget his father. We used to come visit us, who
was such a kind man. But anyway, he's They called
them a visionary. So the visionaries in the blood and
uh yeah, so.
Speaker 3: Oh that that's so true. Yep soy. So is there
any place you can hide, any country you can go to. Yeah,
it's gonna be safe, Costa Rica, Thailand, U. So stay
where you are.
Speaker 1: I bought you know, I own three of the most
historic buildings in America. It's the only corner. Anybody could
google it up, most historic four corners in America.
Speaker 3: King in New York.
Speaker 1: It's the only place with pre revolutionary warstone buildings. Yeah,
seventeen fifty, seventeen sixty three and seventeen seventy four. The
other one's sixteen eighty one, and that's a museum.
Speaker 3: That's amazing.
Speaker 1: I bought them because I was looking to leave the
country back in twenty ten, and everywhere I went, man,
it's not.
Speaker 3: Going to work exactly.
Speaker 1: And I came back from Berlin on April seventeenth, twenty
April twenty seventh, twenty twenty twelve. I'd never been to
Berlin before. I spent a lot of time in Paris.
I used to date Mary Pierre. Berlin was granther than
Paris before they bombed out, right, And I'm saying to myself.
We were the peeple. How can they didn't stop this?
You're losing. Why didn't the people stop it? Came back
in one of the buildings in seventeen to fifty Franz
Roganhouse and up to sale when I was away, and
I bought it, and I bought the other three because
the seeds of democracy was selling here. Kingston was the
first capital of the New York State. I bought for
jewelry duty. And the guy running the show said, see
that picture of behind me, that painting, that's John Jay.
Speaker 3: John Jay was right, sure, here's the Chief Justice. Yeah,
he was a judge joking.
Speaker 1: Here the Constitution I was written for New York State
and Kingston right across the street, over seventy percent of
America's constitution, he said, consent Constitution. I bought those buildings
because the scenes of democracy was sewn here. And by
the way, that's where I had the rally, and I
said to myself, I can't run away, love her to
leave it, though you leave it. I'm only me because
of monopoly. Donald born in the Bronx. Want to be free.
Don't tell me what to do. I will tell you
what to do. Exact if you try to tell me
what to do, you got to fight on Eyams.
Speaker 3: So we be alone.
Speaker 1: That's why I bought these buildings, and that's why I'm
still here.
Speaker 3: I think I mentioned to you my mother was born
in Kingston, so and her family was all in Beacon,
all along the river there well the tank farms World
War two is where they made all their money with
the tank farms there, Wow, right on the Hudson still
there to the well. As of twenty years ago. The
last time I was by there, they were still there.
So Beacon.
Speaker 1: I had gone through a divorce in the late nineties
and I was living out in Rhinebeck and I was
living in a country. I got to get out of here.
So it was hes going to be Hudson, Beacon or Kingston.
Back when I came to Kingston, I bought the building
on Now in two thousand and two, Beacon was one
dead street.
Speaker 3: I know, I remember it. Now it is alive and
it is beautiful. That's great to hear. It's beautiful.
Speaker 1: And the train stops there, both the Amtrak and the
Metro North yep So people come back and forth to
the city, come up there on the weekends. Beacon is
doing great, beautiful, great places to go to. I enjoy
going there a lot, so I wouldn't own what I own,
but I would have had a better time having fun.
They beacon because they got music, nightlife, and they have
to by the way, with COVID. Now nine o'clock everything
is dead. Nine o'clock everything is dead.
Speaker 3: Well in Florida. Here, that's when things are just getting started.
But old people like me got to go home at
that point. Gerald. One partying piece of advice to all
of you listening out there.
Speaker 1: What would it be, Do everything you can to get
the best shape you can physically, emotionally and spiritually. You're
in the fight for your life, all right. I like you, yeah,
And by the way, I don't give financial advice. One
of our top trends for twenty twenty four was a
golden year for gold. Gold prices are up now over
four hundred dollars an ounce since we made that forecast,
we skeep going much much higher.
Speaker 3: Couldn't agree with you more. We'll see if the mining
industry ever comes back to life, though, Because I love
the mining industry, I've worked with the companies there, but
it's so hard to ever bring a mind online nowadays,
you know it's virtually impossible. So all right, Trends Research
dot com Trends Journal, subscribe to it. It's must reading.
All these things that Gerald you've been talking about is
all spelled out there many years ago. None of it
would be surprising you now if you had been a subscriber.
I am and hey, got a question for Gerald myself?
Shoot me an email Klatcarrie LUTs dot com. And while
you're at the site, you'll find a link to the
Trends Journal, and please sign up for your free newsletter.
Jerald always a pleasure. Can't thank you enough for taking
time out to come on the show.
Speaker 1: Oh, and thank you so much what you do. I
really appreciate it. And I got to take a trip
to Florida and have some fun with you. I'll see
you soon, hopefully.
Speaker 3: All right soon, Take care.
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 Survivalnetwork dot com. Financial Survival Network now more than
ever