WEBVTT 1 00:00:05.480 --> 00:00:08.519 Welcome back, and we've got Tony Ardabin on the line 2 00:00:08.720 --> 00:00:10.759 of Wise Wolf Gold and he's set up David Night 3 00:00:10.800 --> 00:00:13.240 not Gold to take you there. Great place to buy 4 00:00:13.320 --> 00:00:17.239 gold and silver. You can also get group discounts and 5 00:00:17.280 --> 00:00:19.879 save regularly each month with a small amount or a 6 00:00:19.960 --> 00:00:22.079 large amount. He can handle that either way. When you 7 00:00:22.440 --> 00:00:24.000 buy gold or silver, it can be a small or 8 00:00:24.079 --> 00:00:28.199 large transaction. He can help you to set up whatever 9 00:00:28.199 --> 00:00:31.480 you want a part on a monthly basis and get 10 00:00:31.480 --> 00:00:33.679 a group buy and that's a great way to save. 11 00:00:33.799 --> 00:00:35.759 Just to accumulate this over a period of time. Thank 12 00:00:35.799 --> 00:00:39.280 you for joining us, Tony. I mean talking about accumulating 13 00:00:39.280 --> 00:00:40.799 stuff over a period of time. I mean, just look 14 00:00:40.840 --> 00:00:43.399 at this, the shock that just went through the market 15 00:00:43.640 --> 00:00:46.079 with the interest rate change from the Federal Reserve yesterday. 16 00:00:46.759 --> 00:00:48.520 What effect is it having on the gold market. I 17 00:00:48.520 --> 00:00:50.479 haven't seen the numbers this morning. 18 00:00:51.439 --> 00:00:54.359 Well pretty much in correlation. Immediately gold broke. It's all 19 00:00:54.399 --> 00:00:56.840 time high again. I'm losing track. When somebody asked me 20 00:00:56.920 --> 00:00:59.280 today how many times has gold broken in sull time 21 00:00:59.320 --> 00:01:02.479 high in the last six months, and I said, I 22 00:01:02.479 --> 00:01:05.799 don't know, actually lost track a while ago. So yeah, 23 00:01:05.840 --> 00:01:08.640 gold broke twenty six hundred dollars an ounce. WHOA, It 24 00:01:08.719 --> 00:01:10.680 is interesting, David. You know, you and I've been talking 25 00:01:10.680 --> 00:01:14.000 about this for a while. There was going to be 26 00:01:14.040 --> 00:01:17.079 a lowering of interest rates. They started to talk about 27 00:01:17.159 --> 00:01:20.560 that back I believe in as early as March, and 28 00:01:20.599 --> 00:01:24.560 they were supposed to be something by May that didn't happen, 29 00:01:24.879 --> 00:01:26.959 and then you know, June and July rolled around and 30 00:01:27.000 --> 00:01:29.760 didn't happen. You and I just started speculating even way 31 00:01:29.799 --> 00:01:32.680 back then that the closer we get to the election, 32 00:01:33.400 --> 00:01:36.200 when they look I think at the overall field of 33 00:01:36.560 --> 00:01:38.519 how all the politics are going to work and how 34 00:01:38.560 --> 00:01:40.760 that's going to play out, what the economy looks like, 35 00:01:41.200 --> 00:01:44.359 then they lower the interest rates fifty basis points. That 36 00:01:44.439 --> 00:01:47.040 was unexpected. It was only supposed to be twenty five. 37 00:01:47.079 --> 00:01:50.120 That's a very aggressive rate cut. Even the headline of 38 00:01:50.239 --> 00:01:54.280 Drudge just about two links down is saying that the 39 00:01:54.280 --> 00:01:55.920 Fed is very aggressive right now. 40 00:01:55.959 --> 00:01:58.079 So something something is going on. 41 00:01:58.400 --> 00:02:02.040 We know that they have stagflation, which is the high unemployment. 42 00:02:02.599 --> 00:02:06.239 They've got inflation, they got low economic growth, so they 43 00:02:06.280 --> 00:02:07.120 have stackflation. 44 00:02:08.159 --> 00:02:09.280 So what's the deal here? 45 00:02:09.639 --> 00:02:12.919 And they asked Palaf it was politically motivated, he said, 46 00:02:12.960 --> 00:02:15.960 he served all Americans. 47 00:02:16.520 --> 00:02:20.080 He serves himself as what he's doing, whatever they're doing. No, 48 00:02:20.400 --> 00:02:22.240 it did surprise a lot of people. What I saw 49 00:02:22.360 --> 00:02:26.560 was at ninety percent of all of the economists and 50 00:02:26.719 --> 00:02:29.039 experts and talking heads, ninety percent of then thought it 51 00:02:29.080 --> 00:02:31.560 was going to be twenty five basis points, and he 52 00:02:31.680 --> 00:02:34.800 came up with fifty basis points. It's like whoa, you know, 53 00:02:34.879 --> 00:02:37.599 So it really was not what they expect. That's why 54 00:02:37.639 --> 00:02:38.919 I thought there'd be a lot of moves in the 55 00:02:38.919 --> 00:02:41.039 stock market, moves in the gold market. But to go 56 00:02:41.039 --> 00:02:44.199 past twenty six hundred, that's pretty important because these are 57 00:02:44.280 --> 00:02:45.400 psychological barriers. 58 00:02:45.520 --> 00:02:45.759 You know. 59 00:02:46.680 --> 00:02:48.879 Once it starts getting up to people look at well, 60 00:02:48.879 --> 00:02:51.199 I don't know, I haven't seen it up to twenty 61 00:02:51.240 --> 00:02:54.919 six hundred, so maybe it's overvalued. I'm going to sell off, 62 00:02:55.159 --> 00:02:57.400 and so it you know, takes a while. But then 63 00:02:57.400 --> 00:03:00.039 when it jumps past that, then people get used to it, 64 00:03:00.400 --> 00:03:02.360 and then it starts to accumulating go to the next one. 65 00:03:02.439 --> 00:03:03.960 We had people who were saying, well, it's going to 66 00:03:04.000 --> 00:03:06.800 get to twenty seven hundred by first quarter of twenty 67 00:03:06.840 --> 00:03:09.479 twenty five. I don't know what's going to happen with that. 68 00:03:09.479 --> 00:03:12.240 I don't predict the future. But it's well on its way, 69 00:03:12.280 --> 00:03:15.319 isn't it. We had I think so, yeah, we had 70 00:03:15.400 --> 00:03:18.919 Mesas dot Org so an economy so strong that it 71 00:03:19.000 --> 00:03:20.759 requires crisis level fed action. 72 00:03:24.520 --> 00:03:27.439 We're doing so well and we've licked inflation. So you 73 00:03:27.439 --> 00:03:30.479 know what that means, David, we need inflation. Yeah, that's 74 00:03:30.520 --> 00:03:33.520 the again, this is this is the crazy part. And 75 00:03:33.599 --> 00:03:35.919 I think you know where Henry Ford said, if people 76 00:03:36.000 --> 00:03:38.680 understood the banking system, there'll be a revolution in the morning. 77 00:03:39.240 --> 00:03:42.000 It's really not complicated. They have a lot of technical 78 00:03:42.120 --> 00:03:43.360 jargon that they throw at you. 79 00:03:43.360 --> 00:03:46.680 You read these articles that you're talking about the interest 80 00:03:46.759 --> 00:03:49.680 rates or lowering or raising and what it does to 81 00:03:49.680 --> 00:03:52.599 the economy and all of the technical stuff. But at 82 00:03:52.599 --> 00:03:55.599 the end of the day, everybody's with baited breath watching 83 00:03:55.719 --> 00:03:57.960 Jerome Powell asking when are you going to give us 84 00:03:57.960 --> 00:04:00.879 some more inflation? Because that's what this is is the 85 00:04:00.919 --> 00:04:03.520 lowering of interest rates is going to be currency creation, 86 00:04:03.639 --> 00:04:07.560 it's debt creation. It increases the money supply. It's going 87 00:04:07.639 --> 00:04:12.919 to again further decrease the value of dollars. That's just 88 00:04:13.000 --> 00:04:16.480 what this is in a simplistic term. So yeah, that's 89 00:04:16.519 --> 00:04:19.199 the reason that gold broke its all time high again. 90 00:04:19.279 --> 00:04:21.639 Bitcoin is up, Silver is up. 91 00:04:21.759 --> 00:04:24.920 It's finally just I think found the threshold of thirty 92 00:04:25.000 --> 00:04:27.079 bucks and it's staying over thirty one, I believe. 93 00:04:27.160 --> 00:04:29.920 Right now. Let's see silver's. 94 00:04:29.800 --> 00:04:33.240 Right under thirty one thirty dollars and eighty seven cents 95 00:04:33.600 --> 00:04:37.079 a troy ounce for silver. So I think we're going 96 00:04:37.120 --> 00:04:40.439 to continue to see these moves and metals is more 97 00:04:40.839 --> 00:04:42.279 and more inflation against the market. 98 00:04:42.639 --> 00:04:45.079 Yeah, oh yeah, it is amazing. I want to talk 99 00:04:45.079 --> 00:04:48.879 about him making dramatic moves. Of course, that's what he's 100 00:04:48.920 --> 00:04:50.720 known for. When you go back and look at what 101 00:04:50.759 --> 00:04:54.000 happened with and I've got a chart here. This is 102 00:04:54.040 --> 00:04:59.240 also from Mesa's the FED hits the panic button. This 103 00:04:59.319 --> 00:05:02.720 is the FED five and so they show the interest 104 00:05:02.800 --> 00:05:05.040 rates going back to nineteen ninety two, you know, going 105 00:05:05.120 --> 00:05:08.120 up and down as they're manipulating the markets. And when 106 00:05:08.120 --> 00:05:09.720 you go back and you look at what happened in 107 00:05:09.759 --> 00:05:13.839 the run up to the Great Recession and the housing 108 00:05:13.879 --> 00:05:17.319 crisis and everything, you can see them raising at you know, 109 00:05:18.240 --> 00:05:20.360 gradually it looks like a stairstep going up and then 110 00:05:20.399 --> 00:05:22.959 all of a sudden everything pops and then they drop 111 00:05:23.000 --> 00:05:25.439 it down to basically zero. After that, it's like a 112 00:05:25.519 --> 00:05:29.639 spiderway up a stairway to heaven and then or to Hell, 113 00:05:29.680 --> 00:05:32.360 I guess. But then when you look at this most 114 00:05:32.360 --> 00:05:36.399 recent one, he goes way up higher. And not only that, 115 00:05:36.439 --> 00:05:38.519 but it's not a stairstep because he was raising it 116 00:05:38.759 --> 00:05:42.360 so rapidly in such short intervals and doing it not 117 00:05:42.600 --> 00:05:45.120 at a twenty five basis point increment, but at a 118 00:05:45.160 --> 00:05:49.199 seventy five basis point interval. It just goes straight up. 119 00:05:49.720 --> 00:05:53.319 It's absolutely amazing. So yeah, he's known for this type 120 00:05:53.319 --> 00:05:57.000 of stuff, you know, drastic move so in a sense, 121 00:05:57.040 --> 00:05:59.000 I'm not surprised about that. It'll be interesting to see 122 00:05:59.000 --> 00:06:02.720 how the politicians spent it. Of course, you know, the 123 00:06:02.800 --> 00:06:04.879 Republicans will say, well, it's evidence so we got a 124 00:06:04.920 --> 00:06:07.600 weak economy. They'll say, well, it's evidence that we have 125 00:06:07.720 --> 00:06:12.839 beaten inflation and so forth. So it's even the people 126 00:06:12.879 --> 00:06:15.519 are trying to excuse it or saying, well, yeah, I 127 00:06:15.519 --> 00:06:17.600 think we've got inflation under control, but you know the 128 00:06:17.680 --> 00:06:21.319 jobs are pretty shaky. Well that's not that's going to 129 00:06:21.399 --> 00:06:23.959 be hard for them to spend that for the average 130 00:06:24.000 --> 00:06:27.079 person then to their favor. But I don't really think 131 00:06:27.120 --> 00:06:30.519 the voting matters anyway. I think they're going to decide 132 00:06:30.560 --> 00:06:33.079 that they're going to pick who the president is regardless 133 00:06:33.120 --> 00:06:34.600 of what we think about it one way or the other. 134 00:06:34.639 --> 00:06:37.079 But it'll be interesting to see how they try to 135 00:06:37.120 --> 00:06:37.560 spend this. 136 00:06:37.800 --> 00:06:38.279 What do you think? 137 00:06:38.319 --> 00:06:41.000 Oh, I agree with you on that. And then what's 138 00:06:41.000 --> 00:06:43.879 been absenti ist in this election? Is any really talk 139 00:06:43.879 --> 00:06:46.720 over the economy? Yeah, it used to be the economy stupid, 140 00:06:47.040 --> 00:06:48.000 and it's not anymore. 141 00:06:48.920 --> 00:06:51.000 You know, you go back to that now the candidates 142 00:06:51.000 --> 00:06:51.639 that are stupid. 143 00:06:54.360 --> 00:06:58.680 James Carville was wrong. It's the candidate stupid that's the problem. 144 00:06:59.199 --> 00:07:01.519 And you go back you talk about the Great Recession. 145 00:07:01.519 --> 00:07:04.920 You know, I lived through that, had a real estate company. 146 00:07:04.959 --> 00:07:07.279 I was running the communience store at the time, and 147 00:07:07.560 --> 00:07:10.120 I remember again just kind of getting a crash course 148 00:07:10.199 --> 00:07:14.480 and fed intervention and what was happening. There was a 149 00:07:14.519 --> 00:07:17.279 lot of currency creation, was the housing market was hot. 150 00:07:17.279 --> 00:07:19.079 They had the subprime and all of that, all the 151 00:07:19.120 --> 00:07:22.720 derivatives that were going on. The difference between that market 152 00:07:22.759 --> 00:07:25.680 and this market is they started to raise rates and 153 00:07:25.680 --> 00:07:27.600 that kind of cooled things off, and then of course 154 00:07:27.639 --> 00:07:29.839 there was the crash. But there was a lot of 155 00:07:29.920 --> 00:07:33.800 consumer demand. That's why gasoline, if people remember, gasoline hit 156 00:07:33.879 --> 00:07:37.279 over four dollars a gallon during the peak of the 157 00:07:37.319 --> 00:07:40.480 subprime market. So what it happened is all that currency creation. 158 00:07:40.600 --> 00:07:42.920 People were able to get easy access to liquidity. They 159 00:07:42.959 --> 00:07:45.680 were borrowing against homes, they were selling homes, buying homes, 160 00:07:45.959 --> 00:07:48.279 so all that currency hit the market. People were buying stuff, 161 00:07:48.279 --> 00:07:51.079 and they were buying cheap goods from overseas. That caused 162 00:07:51.079 --> 00:07:53.079 a lot of factories to use a lot of energy. 163 00:07:53.360 --> 00:07:55.639 Energy prices went up. People had to decide if they 164 00:07:55.639 --> 00:07:57.759 were going to pay for their heating bill or their 165 00:07:57.800 --> 00:08:01.759 gasoline or their groceries. They started choosing more domestically, buying 166 00:08:01.839 --> 00:08:05.079 less and less, and that caused the whole thing to collapse. 167 00:08:05.680 --> 00:08:08.519 It's interesting Nowadavid, they have again the same kind of 168 00:08:08.800 --> 00:08:12.360 liquidity in the market, but the consumer confidence is down, 169 00:08:12.439 --> 00:08:15.519 so a lot of these things aren't as hot. These sectors, 170 00:08:15.600 --> 00:08:18.560 especially energy, and in these other places, the demand isn't 171 00:08:18.560 --> 00:08:21.600 the same, so they're trying to again, it's more like stagflation, 172 00:08:21.639 --> 00:08:25.160 where you've got low economic growth, you've got inflation and 173 00:08:25.240 --> 00:08:27.560 high unemployment, so really all these things are going on 174 00:08:27.639 --> 00:08:30.160 at once. So him cutting rates aggressively like this. It 175 00:08:30.160 --> 00:08:33.519 really singles something else. I don't think anybody I didn't 176 00:08:33.519 --> 00:08:36.840 expect fifty bases points and I think we, you and 177 00:08:36.879 --> 00:08:39.240 I expected them to do it. But right before the election, 178 00:08:39.360 --> 00:08:42.120 which is pretty much right on queue with the fifty. 179 00:08:42.519 --> 00:08:43.320 That's something else. 180 00:08:43.600 --> 00:08:46.519 And I wonder, you know again, is it the markets 181 00:08:46.519 --> 00:08:48.639 are moving a little bit. It's going to take a 182 00:08:48.639 --> 00:08:50.679 while for all of that to kick in because this 183 00:08:50.720 --> 00:08:53.799 is going to be about cheap money entering the system. 184 00:08:54.440 --> 00:08:56.480 But I think it'll be whatever happens will be short 185 00:08:56.519 --> 00:09:00.679 lived and we may have may have even more rate 186 00:09:00.799 --> 00:09:03.320 raising on the horizon, depending on who gets elected. 187 00:09:03.600 --> 00:09:03.919 Yeah. 188 00:09:04.000 --> 00:09:07.279 Yeah, it's crazy zero hedge in terms of you know, 189 00:09:08.720 --> 00:09:11.360 people put in air quotes a political Yeah right. 190 00:09:12.320 --> 00:09:13.200 They tweeted out. 191 00:09:13.120 --> 00:09:17.279 It's amazing what eight hundred and eighteen thousan downward jobs 192 00:09:17.320 --> 00:09:21.000 revision that nobody could have seen coming because the economy 193 00:09:21.039 --> 00:09:22.799 was so strong, and then we have this happen. 194 00:09:24.360 --> 00:09:26.799 Yeah, it's political. It's it's absolutely political. 195 00:09:26.840 --> 00:09:29.679 And of course Gerald Slinty had been saying he was 196 00:09:29.679 --> 00:09:32.480 surprised that they hadn't actually done more of these. I 197 00:09:32.559 --> 00:09:36.639 guess he thought that they would do. You know, several 198 00:09:36.720 --> 00:09:41.519 of them spaced out to you know, several twenty five moves, 199 00:09:41.639 --> 00:09:44.879 but they waited and did one fifty later on, you know, 200 00:09:45.000 --> 00:09:47.799 just a single fifty. So I guess that's the way 201 00:09:47.840 --> 00:09:50.759 they're going to play it. But again, it just shows 202 00:09:50.799 --> 00:09:54.320 how manipulative the Federal Reserve and the and the federal 203 00:09:54.360 --> 00:09:58.279 government is. I mean, the problems with the economy really 204 00:09:58.320 --> 00:10:03.200 began with them, and and everything they do is seems 205 00:10:03.200 --> 00:10:07.200 like it's almost calculated to destroy things. Yes, and even 206 00:10:07.240 --> 00:10:09.279 if a short term it looks like they're doing something 207 00:10:09.360 --> 00:10:10.159 help themselves. 208 00:10:11.600 --> 00:10:13.600 Well, you have to wonder what all these motivations are for. 209 00:10:13.720 --> 00:10:16.639 We're losing again, that's the big picture. You step back 210 00:10:16.679 --> 00:10:18.639 and look at it. Take the politics out of this 211 00:10:18.799 --> 00:10:22.960 and domestic issues with our currency. Why are we losing 212 00:10:22.960 --> 00:10:25.720 the world's reserve currency status, which is huge. It's prop 213 00:10:25.799 --> 00:10:27.759 the dollar up. It's one of the reasons why we 214 00:10:27.799 --> 00:10:30.639 have this. We can write all these checks, you know, 215 00:10:30.720 --> 00:10:33.559 we can write these blank checks all the time. It's 216 00:10:33.600 --> 00:10:36.360 because again the world is using our currency, but there's 217 00:10:36.799 --> 00:10:40.399 rapidly dumping it and we do nothing to stop it. 218 00:10:40.559 --> 00:10:42.440 As a matter of fact, there's headlines that come out 219 00:10:42.480 --> 00:10:45.759 that the Saudi's are really having some deep talks right 220 00:10:45.799 --> 00:10:49.000 now with the Chinese about the Petro you want. At 221 00:10:49.080 --> 00:10:52.039 least if it's not the Petro you want, it's something 222 00:10:52.080 --> 00:10:54.679 related to bricks. It's something that's in the periphery of 223 00:10:54.840 --> 00:10:58.519 those nations trading within you know, their cross border payment 224 00:10:58.559 --> 00:11:01.840 systems outside of the United States and anything that has 225 00:11:01.879 --> 00:11:03.639 to do with the West, and it's sanctions. 226 00:11:04.120 --> 00:11:05.120 So that's happening. 227 00:11:05.240 --> 00:11:07.120 A matter of fact, there's another article I saw that 228 00:11:07.120 --> 00:11:12.279 the Saudi government is secretly they have transcripts of this 229 00:11:13.679 --> 00:11:17.879 of money Metals found this through some research that the 230 00:11:17.919 --> 00:11:22.200 Saudis are buying gold off the books secretly through Switzerland. 231 00:11:22.399 --> 00:11:24.080 Yeah, so all these countries. 232 00:11:23.720 --> 00:11:26.120 That are in the bricks right now are just accumulating 233 00:11:26.159 --> 00:11:30.360 gold massively. We're not the United States, is not Canada, 234 00:11:30.399 --> 00:11:32.639 is not the West in general, it's pretty much not 235 00:11:32.720 --> 00:11:33.399 buying gold. 236 00:11:34.279 --> 00:11:37.360 But these bricks nations are as a reason for that. 237 00:11:37.679 --> 00:11:38.840 Yeah, I talked about that. 238 00:11:39.000 --> 00:11:40.960 You know, the guy doing the detective work and find 239 00:11:40.960 --> 00:11:43.159 out that they're actually trying to conceal the goal that 240 00:11:43.200 --> 00:11:45.320 they're buying, saying that it's a consumer and that type 241 00:11:45.320 --> 00:11:47.799 of thing. So playing the same game that China is 242 00:11:47.840 --> 00:11:50.600 doing but of course the petro dollar is already dead 243 00:11:51.279 --> 00:11:54.879 because they they're accepting a payment in other currencies. That 244 00:11:55.000 --> 00:11:57.279 was the essence of the petro dollar. But then you 245 00:11:57.360 --> 00:12:00.720 find out that they're accumulating gold in a massive scale 246 00:12:00.799 --> 00:12:05.120 and doing it secretly and not attributing it to the 247 00:12:05.159 --> 00:12:07.879 Central Bank China doing the same thing. And now as 248 00:12:07.879 --> 00:12:09.759 you're talking about, if they set up some kind of 249 00:12:09.759 --> 00:12:12.159 a petro you want, and what that does is that 250 00:12:12.240 --> 00:12:15.440 pivots from making you from the petro dollar to the 251 00:12:15.480 --> 00:12:18.879 petro you want, that makes China the reserve currency. This 252 00:12:18.960 --> 00:12:23.360 has always been the game, in my opinion, to make 253 00:12:23.519 --> 00:12:28.519 China the largest economy. They want to use them as 254 00:12:28.519 --> 00:12:32.519 a beta test site for the CBDC type of stuff 255 00:12:32.519 --> 00:12:36.039 with their social credit system and everything else. They want 256 00:12:36.080 --> 00:12:40.000 to have an economy that runs off of slave labor 257 00:12:40.120 --> 00:12:42.759 like they have in China. You know, another aspect of 258 00:12:42.799 --> 00:12:48.320 the Chinese economy was always intellectual property theft. That sounds 259 00:12:48.360 --> 00:12:50.600 awful a lot like the business model of YouTube and 260 00:12:50.639 --> 00:12:53.240 all the AI companies, doesn't it. I mean, it's like 261 00:12:53.440 --> 00:12:58.440 intellectual property theft, currency manipulation, and then using the scare 262 00:12:58.480 --> 00:13:02.480 tactics of the climate change garbage to make sure that 263 00:13:02.559 --> 00:13:05.480 they've got yet another component of all this stuff, which 264 00:13:05.519 --> 00:13:07.919 is of the China price, which is going to be 265 00:13:08.279 --> 00:13:11.080 cheaper energy, far cheaper energy than anybody else had they 266 00:13:11.240 --> 00:13:14.120 always have had. The sentience goes back to Kissinger and 267 00:13:14.440 --> 00:13:16.039 the jee politics of all this stuff. 268 00:13:17.480 --> 00:13:20.919 Well, you're absolutely right, I mean and Justin Trudeaux certainly 269 00:13:21.000 --> 00:13:23.480 would love to see more growth in China and China 270 00:13:23.559 --> 00:13:26.320 taking over. Well, that's his favorite place, that's his model. 271 00:13:26.360 --> 00:13:28.440 And yeah, that's the way a lot of these World 272 00:13:28.440 --> 00:13:32.120 Economic Forum stooges are. They love they love China. That's 273 00:13:32.240 --> 00:13:34.200 again you hit the nail on the head. You go 274 00:13:34.279 --> 00:13:37.799 back to nineteen forty nine, the Rockefellers and Rothschild's popping 275 00:13:37.919 --> 00:13:41.639 up Maw making it possible for communists China to take 276 00:13:41.720 --> 00:13:45.799 power there. The communist government under Mao and you know 277 00:13:45.879 --> 00:13:49.080 Nixon open China in seventy two, but the year following 278 00:13:49.080 --> 00:13:50.919 that is the birth of the Trilateral Commission. 279 00:13:50.919 --> 00:13:52.960 I don't think these things are an accident. 280 00:13:53.000 --> 00:13:54.960 They have a test model, they want to set it up, 281 00:13:55.360 --> 00:13:58.159 and everything has been a pivot away from us in 282 00:13:58.159 --> 00:13:59.759 the West and the United States. 283 00:14:00.000 --> 00:14:01.919 Really going going to China. 284 00:14:02.000 --> 00:14:05.120 You can see the trade deficits that we've racked up 285 00:14:05.159 --> 00:14:07.799 since nineteen seventy four, and we ran our last trade 286 00:14:07.799 --> 00:14:09.799 star plus and all that's gone over to China, the 287 00:14:09.879 --> 00:14:15.480 manufacturing base again, the debt that we've incurred, you know, 288 00:14:15.559 --> 00:14:19.000 borrowing China, owning our debt, now dumping our debt. There 289 00:14:19.039 --> 00:14:23.159 is something interesting too, and it is there's something about 290 00:14:23.200 --> 00:14:25.759 the stealth of this has always caught my attention. But 291 00:14:25.960 --> 00:14:29.080 you know, the Chinese the beginning of this century started 292 00:14:29.080 --> 00:14:33.600 buying massive quantities of gold and off the books. So 293 00:14:33.639 --> 00:14:35.720 that's interesting. Why would you not want the world to 294 00:14:35.799 --> 00:14:38.279 know what you own? Wouldn't you want to, you know, 295 00:14:38.440 --> 00:14:41.399 be perceived as more wealthy or have that kind of strength, 296 00:14:41.639 --> 00:14:43.480 and they would buy stuff off the books. They still 297 00:14:43.519 --> 00:14:46.080 buy things off the books. They have sixty thousand gold mines. 298 00:14:46.080 --> 00:14:47.639 I know I've said that before on this show, but 299 00:14:48.200 --> 00:14:49.960 it's estimated, you know, sixty thousand. 300 00:14:50.039 --> 00:14:53.679 They're not a net exporter. They keep most all of 301 00:14:53.720 --> 00:14:54.080 it there. 302 00:14:54.120 --> 00:14:56.759 I think they're looking for the and they China plans 303 00:14:56.759 --> 00:15:00.440 for the long term. As we know through history, what 304 00:15:00.559 --> 00:15:04.120 did Napoleon say, China is a sleeping dragon. You should 305 00:15:04.200 --> 00:15:08.679 let it sleep, you know, keep it slumbering. So that's 306 00:15:08.720 --> 00:15:11.080 something that we haven't done. We basically woke it back 307 00:15:11.159 --> 00:15:13.240 up and then you know, infused it with all this 308 00:15:13.639 --> 00:15:17.440 globalist capital and an encouragement from the globe. 309 00:15:17.559 --> 00:15:18.399 You're exactly right. 310 00:15:18.399 --> 00:15:21.200 I think it's the test model, and everything's been pivoted 311 00:15:21.200 --> 00:15:23.960 away from the United States. And maybe that's one of 312 00:15:24.000 --> 00:15:27.519 the reasons why we did nothing to stop that fifty 313 00:15:27.600 --> 00:15:31.200 year agreement from lapsing with the petro dollar. 314 00:15:31.120 --> 00:15:34.559 Yeah, yeah, yeah, and climate change, you know, the Paris 315 00:15:34.559 --> 00:15:38.480 Climate Accord. But yeah, depopulation. I mean, they were always 316 00:15:38.519 --> 00:15:40.679 on board with that. It's like, you know, whatever the 317 00:15:40.720 --> 00:15:43.679 globalists wanted. Yes, sir, you know, how high do you 318 00:15:43.679 --> 00:15:46.840 want us to jump on this thing? They've always been there. 319 00:15:46.840 --> 00:15:49.519 As you point out Justin Trudeau, Yeah, I love China. 320 00:15:49.600 --> 00:15:52.960 You know you can just do if you got something 321 00:15:52.960 --> 00:15:54.320 that you need to do, you can just do it. 322 00:15:54.360 --> 00:15:55.879 George W. Bush said the same thing. 323 00:15:56.320 --> 00:15:58.919 I mean, you know, we look at this Wait a minute, 324 00:15:59.039 --> 00:16:02.360 this conserved Republican George W. Bush said that he'd like 325 00:16:02.399 --> 00:16:04.159 to be like the Chinese dictators, just to be able 326 00:16:04.200 --> 00:16:05.559 to tell people what to do. Yeah, he said that, 327 00:16:05.679 --> 00:16:08.759 just like Justin Trudeau, because they're both globalists. And these 328 00:16:08.840 --> 00:16:12.600 labels don't mean anything. These elections don't mean anything, folks. 329 00:16:13.000 --> 00:16:15.879 It's all rigged, it's all planned. These people are all 330 00:16:15.919 --> 00:16:19.200 working for the same It's like the professional wrestling. They 331 00:16:19.240 --> 00:16:22.440 all work for mcmahnon or whatever the guy's name was. 332 00:16:22.480 --> 00:16:24.559 I don't follow wrestling that much, but yeah, it's all 333 00:16:24.639 --> 00:16:27.519 about that. And I've got a question for you. Though 334 00:16:28.559 --> 00:16:31.440 this is on Rumble, don't frag me. Bro says, please 335 00:16:31.639 --> 00:16:36.360 ask about linked cards for using medals for purchase power. 336 00:16:36.840 --> 00:16:40.080 I had on yesterday, I had Aaron Day and he 337 00:16:40.240 --> 00:16:43.440 was talking about how he's working really hard to try 338 00:16:43.440 --> 00:16:47.759 to find cryptocurrencies and even ways that he can make 339 00:16:47.840 --> 00:16:50.799 private the transactions and the wallets when he's doing something 340 00:16:50.799 --> 00:16:54.279 that's not private like bitcoin. No, but he's focusing on 341 00:16:54.600 --> 00:16:59.200 Monaro and other ones, and he was talking about different 342 00:16:59.279 --> 00:17:02.159 process and how he's constantly evolving. 343 00:17:01.799 --> 00:17:02.320 And he's doing that. 344 00:17:02.399 --> 00:17:04.960 He's also talking about how I uses gold and silver 345 00:17:05.079 --> 00:17:09.480 and how especially there in New Hampshire, people understand the 346 00:17:09.880 --> 00:17:11.960 goal certificates that you hand down. He said, I'll leave 347 00:17:12.039 --> 00:17:14.839 him there for the tips for people so they start 348 00:17:14.880 --> 00:17:17.880 to see that. But he talked about various ways that 349 00:17:17.920 --> 00:17:21.519 he was trying to get out of the system and 350 00:17:22.279 --> 00:17:25.279 use what he had stored up with either crypto or 351 00:17:25.400 --> 00:17:29.640 gold or silver. So again the question is what about 352 00:17:29.680 --> 00:17:32.160 linked cards for using metals for purchase power. Do you 353 00:17:32.160 --> 00:17:35.079 know anything about that that you could tell him. 354 00:17:35.480 --> 00:17:36.960 I believe what he's referring to. 355 00:17:37.000 --> 00:17:40.079 I believe is there are some programs where you can 356 00:17:40.720 --> 00:17:43.400 buy gold and then against that gold you can get 357 00:17:43.400 --> 00:17:46.599 a Visa card or a master card, and in real 358 00:17:46.640 --> 00:17:49.640 time that you can use funds from your supply, like 359 00:17:49.680 --> 00:17:51.519 if you're going to purchase something and then the gold 360 00:17:51.559 --> 00:17:52.759 comes out of your account. 361 00:17:53.200 --> 00:17:56.119 I do know. There's an author of a book called 362 00:17:56.680 --> 00:17:57.440 Pirate Money. 363 00:17:57.839 --> 00:18:00.640 Yeah, and it's really about the fact in the United 364 00:18:00.680 --> 00:18:05.759 States and our linkage to the Spanish conquest of the 365 00:18:05.759 --> 00:18:07.839 New World, and how the gold and silver flooded the 366 00:18:07.880 --> 00:18:11.720 market and that's where the modern dollar really comes from, 367 00:18:11.799 --> 00:18:14.440 and the weight and measurements of that you can it's 368 00:18:14.440 --> 00:18:17.720 an it's an interesting book, and he had some ties 369 00:18:17.759 --> 00:18:22.640 to the building of the Texas Depository for gold and silver. 370 00:18:23.799 --> 00:18:25.480 I'll have to have him on the show. I read 371 00:18:25.480 --> 00:18:27.720 the book recently. I thought it was really good. But 372 00:18:27.759 --> 00:18:29.799 he talks about that, and he's got one of those 373 00:18:29.960 --> 00:18:31.200 those same link cards. 374 00:18:31.200 --> 00:18:35.039 So maybe I'll do a Babe back next week and 375 00:18:35.160 --> 00:18:37.000 talk about it. Could be a good guests for the 376 00:18:37.000 --> 00:18:37.480 show too. 377 00:18:37.640 --> 00:18:39.200 Yeah, yeah, I need to get him on. I had 378 00:18:40.039 --> 00:18:43.880 Serenader Nicely sent a thing to me saying, hey, you 379 00:18:43.960 --> 00:18:45.039 got to read this book. 380 00:18:46.440 --> 00:18:47.079 I downloaded. 381 00:18:47.079 --> 00:18:50.119 I haven't had time to read it yet, and so yeah, 382 00:18:50.200 --> 00:18:52.640 it's I knew of it, but I haven't read it. 383 00:18:52.960 --> 00:18:54.680 So you're a little bit ahead of me on that 384 00:18:54.720 --> 00:18:57.359 in terms of having read it. But yeah, that's the idea, 385 00:18:57.440 --> 00:18:59.960 is that, And that's what Nicely was saying. He said, 386 00:19:00.039 --> 00:19:01.640 there needs to be some way that we can start 387 00:19:01.680 --> 00:19:05.759 to normalize the use of gold. And you know that's 388 00:19:05.799 --> 00:19:08.119 as I was talking to Aaron Day. You know, it 389 00:19:08.359 --> 00:19:14.799 just had an interesting comment. He said, the older generations 390 00:19:14.880 --> 00:19:18.279 understand privacy and they value it, but they don't understand 391 00:19:18.279 --> 00:19:19.000 the technology. 392 00:19:19.039 --> 00:19:19.319 He said. 393 00:19:19.319 --> 00:19:22.039 The younger in generations understand the technology, but they don't 394 00:19:22.160 --> 00:19:24.119 value privacy. 395 00:19:24.240 --> 00:19:26.799 That's the problem. Got this disconnecting. 396 00:19:26.880 --> 00:19:30.799 It's like, yeah, that's really accurate, because I do value privacy, 397 00:19:30.839 --> 00:19:35.839 but I really don't trust my valuation knowledge of this 398 00:19:36.039 --> 00:19:39.880 constantly evolving technological aspect there. You know, how do you 399 00:19:39.960 --> 00:19:42.599 keep this stuff safe and and you know what, what 400 00:19:42.680 --> 00:19:44.119 is the government going Because one of the things he 401 00:19:44.160 --> 00:19:46.920