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With all due respect to Danny Boyle, here we are
twenty eight days later and these and some kind of
apocalypse has happened. So how are you doing, tom.
Speaker 2: Some kind of apocalypse? Yeah, for the Bank of England,
you know, And I'm okay with that, Like I've only
been I've only been hoping for this for like most
of my adult life. I guess I'm not sure. I
am I really sure? How are you?
Speaker 1: I'm doing good? How bad off are they? I mean
they're they have to be when you look at the
like the gold stats that have come out lately, just
that is a dagger, is a dagger in their heart.
So how bad are they?
Speaker 2: It's pretty freaking bad. I just got finished doing a
recording a podcast for my podcast with Eric Young and
Vince Launchy and Eric was going through the stats of
just how much gold has stood for delivery on the
comeax over the last three months, and it's insane, and
we all came to the conclusion that it's pretty obvious that,
you know, we've been living under a weird kind of
scio in the gold and libertarian community, thinking that it
would be that the Americans were the ones that were
defending the dollar by leasing out all their gold and
then using it to suppressed the price of goal and
under globalists like Bernaki and Yellen. I agree with that
completely under Powell. I don't think that at all. And
I know that's going to like, you know, that's going
to freak people out and everything else. But I'm going
to tell you this is the whole United States is bankrupt.
Thing is a British sy off. I'm now firmly and
thoroughly utterly convinced of this. And I didn't believe that
just a month ago, or even six weeks ago. But
when I really started to think about the you know,
I've been I've been talking for a long time about
there's plenty of ways to recapitalize the United States, and
you know, there's things that we can do with the
balance sheet and cash flow and cutting the budget and
all the and all this stuff. And it starts with
you know, Powell raising interest rates to five and a
half percent and all the stuff that I've chatted about
with everybody for the last three years was one thing.
But I never really had a good like really would
handle on like, Okay, how do we get out of this?
What do we do? I mean, I mean I knew
what we would do, like why would we do this?
And how would we not be subjected to you know,
countervailing forces? Because I didn't think anybody on Capitol Hill
or in the incoming from administration really understood the parameter.
And I didn't quite I hadn't quite put all the
pieces together. Right, It's really easy. It's all about the
lb m A and there in their ability to infinitely
REHYPOTHICID assets at par and then use that to manipulate
credit spreads, exchange rates.
Speaker 1: Tell everybody, Tell everybody with them. So yeah, tell everybody
what the LBMA is. Oh, sorry, the LBMA is the
London Billion Market Association. So there, it's the over the
counter you know, market for making you know, unofficial market
for making trades and gold. So they they call futures
and you know, and and that's so, and it's nothing really.
Speaker 2: Matter about the specifics here, okay, Like what matters is
that it's only over the last couple of years that
I've really come to understand that, you know, all roads
lead to London, and why all road roads lead the London.
And now I can actually talk about this stuff, you know,
kind of mechanistically as to where the attack vectors are,
where their vulnerabilities a lit And you know, we all
sat here going, well, the US is caught clearly insolvent
because it's thirty six twenty dollars that running a huge
seven percent of GDP budget deficit and blah blah, blah blah.
But at the same time, I was saying, yeah, but
we're run by vandals and traders, so why don't we
just stop being run by vandals and traders and see
what happens. And I was never really expecting the kind
of of frankly revolutionary at behavior out of the Trump administration.
I was. I was expecting some good things, but I
wasn't expecting anything like this. I wasn't expecting Trump to
come in like President Luongo and just like beating everything
over the head of the freaking stick with a vengeance.
And that's exactly what he's doing. And he's and I
think the word vengeance is a pretty good one because
once he unleashed Musk and his army of you know,
nineteen year olds with laptops to map the payment systems
of the US for the various departments for the last
sixty years, to find out just how badly these people
have been stealing our money and then using that stolen
wealth to enslave us to their will. Like at this,
I mean within four days, he had the entire country
properly outraged. And now he's got Now he can do
whatever he wants. And now he's got but on top
of that, he's got all the goods. Now, now you
notice that all of this will well, we're not going
to really let Trump do what he wants to do,
and everybody's acting like it's not that big a deal,
and now they're all freaking out. And notice how every
how the Republican the squishy Republicans, have all rolled over
on his cabinet. Does your biggest tell the only one
who's holding out is Mitch McConnell because he can barely
stand up, So you know McConnell. I mean, the over
under on McConnell's stepping down is about I don't know,
two weeks because he's just being just staying up there
to be spiteful until all the cabinets finished, and maybe
he'll stay around for to try and throw a dagger
in the heart of budget reconciliation, and then he's done.
He's out the door.
Speaker 1: So if London doesn't have any gold, they have nothing
to lend against. And from what everything I've seen, it
seems like all of that gold has been rolling into
New York and rolling into the United States for safekee. Okay, Now,
ten years ago, you probably could have made the argument
that Wall Street, even the Federal Reserve, was in bed
with the Bank of London, and if the Bank of
London was having problems, we'd just be shipping half that
gold over to them so they could stay in business.
That that that's not what happened.
Speaker 2: Now.
Speaker 1: Now there are people in charge here who hate the
City of London and who are actively at war with
the City of London. So what is that?
Speaker 2: How are we.
Speaker 1: Supposed to read that for the future going forward? And
what happens when what happens if who's the next chair,
who's the next FED share going to be? And will
they be able to turn it back to where it
was ten years ago?
Speaker 2: Okay, let's no. The short answer will be no, because
Trump will be in charge of Powell's term is up.
All the as I just told you, with the cabinet picks,
there is no organized resistance within DC on Capitol Hill.
By the time Powell's term is up, the midterms will
already happened. And if you think Trump has a durable
majority here because he's got Manila envelopes stacked the ceiling
against all these people. Then imagine what it's going to
look like after a midterm where he pledges to get
rid of the income tax. He'll have sixty seats in
the House, seventy seats in the House, like you should
have had in twenty eighteen, or you know what I mean, so,
or you should have had on you know, in November.
So but let's let's back up for a second. What
I was trying to say at the outset is the
whole idea that the Americans have no assets left on
their that they have assets and only liabilities is a
SI off. And it was a SI of FED the libertarians,
because libertarians wanted to believe this, because libertarians wanted to
believe that everything was corrupt. And maybe while they and
maybe that analysis was trenchet at and and accurate and
on point up until Trump's first election and then Powell
being put in charge of the Federal Reserve. As I've documented,
you know, the hell and gone about all the moves there,
but just taking a step back and saying it's not
just the FED here, it's also it's everything else. At
some point when the liabilities are this high. I've been
telling you, I've been screaming to the high heavens. We
have all this gold. Why would you believe that the
gold's not at Fort Knox, or it's not in the
basement of the Marin Arcles building. Why would you believe
we would give this up when you can just rehypothecate
it through city of London. And everybody nudge nudge, wink wink,
knows that it's you know, it's all a game, It's
all shell game. No one ever expected New York to
go after London. I didn't, No one did. Why would we?
And it and the narrative of the US is at
the heart of suppressing the gold price because they're trying
to defend the dollar. Is a good narrative, It's even
it may have even been an accurate one at one point,
but it doesn't mean that it was being done strictly
through the Comax was always being done through London. So
it was always being done with you know, a wink
and a nod and hand in the glove. And when
globalists were send it right, Well, I've said this before.
When when the globalism is ascended, Look, they're not gonna
like stick their heads up and go no, no, we
don't want this. Now, they're going to go along to
get along because they've got financial responsibilities to their shareholders
and their boards and this, that and everything else. Everybody's
going to do what they need to do to survive.
And then hope that's something that the that the taxpayers
and the and the political process will change the direction
of things. But there's nothing they can really do about
it until the people get so fed up they're like yeah, no,
or the threat to their future business was put in
front of them. And as I've argued in the past,
the plan of the WEF and Europe and everything else
was to do away with commercial banking. And once you
say that, once you turn to the commercial banks on
Wall Street, you guys don't have a place at the
table anymore. Well, then the whaling of then we don't
get the We don't get the bullshit femimal and harpy
women nashing and whaling that we're seeing over the European
Union for being left out of the table, we left
at the kids table and the negotiations over the end
of Ukraine. No, we get the Titans of Wall Street
to turn around and go no, no, no, fuck you all.
You're our bitch now, and we're gonna go get the
might of the American Empire, and we're going to back
our play with the might of the American empire, military, political, diplomatic, financial,
all of it. And then they got their guy Trump
who put their guy Powell in place, and the rest
of it is history. And the rest of it is
all and all the backbiting that we've heard from our
libertarian brother, and as I'm going to put the call
another our shit libertarian brother and to go along with
the shit libs over over in the Democratic Party. Their
wally and nationing of teeth is it's not just cope,
it's learned helplessness. And we're now in a different world.
This is a world where we've always lived under one regime. Okay,
the government's corrupt, Yes, we know the government's corrupt. No
one's arguing the government's any less corrupt today than it
was yesterday. It's not working for its own survival. Trump's
going to do a whole lot of things, Pete that
libertarians are not gonna like, and even even former or
you know, post libertarians aren't gonna like. Okay, there's gonna
be a whole lot of public private partnership stuff that
we're just gonna look at and go, what are we
doing here? Is this is America? Well, when your finances
are as bad as ours are, you don't really have
much of an option. So that being said, I needed
to get that established. No one ever thought the FED
would become the guy in our corner to defend the
commercial banks against the ship bag communists over in Europe.
I still think there. I still get people yelling at
me that I'm full of shit. Most of them work
for six clearly, but that's fine, or they don't. If
they don't work for I six, they think all they're
talking points for six and then or the people at
the mesas who refuse to see the world for as
it is. I don't know. Okay, So let's do the
see the same math for the gold market. If Trump
is trying to do away with the income tax, if
Trump is trying to put up tariffs and fund the
country that way and get rid of the income tax
and move us to a domestic currency that trades at
a premium to the offshore dollar, and a domestic dollar
that trades at a premium for Americans with higher purchasing
power than the offshore dollar similar to China's by the way,
then he has to get control of the gold market
and he has to call in all the gold. London
never in a million years thought that we were going
to be the ones that you know, created the margin
call on them, and they thought they had their man,
Nigel Farage sidling up to Trump to make to make
sure that everything was on the up and up. Farage
is completely out of himself as a as a city
of London guy like through and through, and it's a
real shame, but it is what it is. So like
I don't care anymore because I understand that what's being
done right now is not being done just to liberate Americans.
It's being done to liberate the entire West and the
global South from this bullshit of these goddamn European boodles,
vampires and pedophiles and pediastus and every other p word
you can come up with. And that's what that's where
we are. And watching them lose their fricking mind over
Ukraine and the potential for peace to break out, that's
beyond the pale. And I'm sorry, but I'm tired of
being the help, So go fuck yourselves, golds ours and
we're gonna buy it all and then we're gonna stay
sovereign wealth time. We're going to monetize it, and then
we're going to fix the balance sheets of everybody currently
not currently making two hundred grandy or less, and everybody
else can take convend for themselves. But that's what's coming,
and I know how he's going to do it, and
we may or may not talk about it today because
I don't want to jinx anything. I want to get
through the budget process first.
Speaker 1: How does Vance's speech at the Munich Security Conference tie
into all this.
Speaker 2: Perfectly? I mean, in a word, it's the most consequential
speech given by an American since FDR said, you know,
we have no nothing to fear but fear itself. Literally
told all of all of hectoring animus possessed female Europe.
And I include Emmanuel Macrone in this, and here Starmer
in that in that. In that group, because they ain't men,
you're a bunch of Nazis, That's what Vance said. And
he flat out told them we don't have shared values.
If your shared values are you put people in jail
over mean tweets, which is what have I been saying
for five years. Pete, We're not Europeans. Where the Europeans
who fucking left because europe ship or Europe's leadership is
ship and the European people have been subsidized by Americans
for all of our lifetimes to then look down their
noses at us with a you know, and and I'm
I'm at the point now where I can describe this
as a family system problem or narcissistic abusers or all that.
But that's what's playing out. The kids are waking up
all around the world, and they're saying they're turning to
their narcissistic, abusive parents and saying, it's my life now,
and you can't shame me for who I am. You
know what. Yeah, we're Americans. Yeah you're gonna boo our
national anthem. Put it on the ice boys, pick up
your chicklets and don't miss a shift. But they did
what they what they did at the at the US
Canadian hockey game. Hilarious.
Speaker 1: Yeah, but that's anyone who knows hockey knows that we boo,
that we boo oh Canada. I've seen I've been's hockey
games where we where the crowd is boot Oak Canada.
And you've you've seen anyone who's watch hockey as long
as I have, who played hockey. It's a rivalry. It's
just what it is. And the and those fights in
the first in the first nine secon seckens.
Speaker 2: That's that's just hockey. It's literally hockey.
Speaker 1: But you know, come on, I wanted to so I've
been seeing some Europeans on the timeline spurging out, especially
over people talking about the city of London. Do you know, Tom,
did you know that there are many places in the
world to laund your money, like the entire Third world
more or less? Why is the city of London so important?
I mean, isn't it just kir Starmer trying to assume
the mantle of king of the globalist network?
Speaker 2: Maybe well, now he's just doing He's just he's a lieutenant.
I mean, let's not let's not get ourselves. He's a
lieutenant and he thinks he's gonna come to tell Trump,
like to tell Trump is business and yeah, and they are.
It's nothing but a big money wandering operation that has
its has a tentacle goll around the world. Hong Kong Singapore,
the Caymans, blah blah bah everywhere, and every time anybody
attempts to break down that network, you'll notice that they
get some of that Color revolution over and over again.
I bring up Hong Kong, go back to twenty eighteen
and the extradition treaty. Why was there such a hue
and cry over the extradition treaty in twenty eighteen that
wound up with you know, wound up with soy boys
and black block, you know, terrorizing Chinese business that Hong
Kong is the Umbrella Revolution? Was that the Umbrella revolution
or the Yellow Yeah? The governor at the time passed,
they passed a law to extradite people back to mainland
China if they broke the law in Hong Kong, and
we got a color revolution. And I wrote about it
back in twenty eighteen and said, this is I six,
this is this is City of London trying to protect
their their assets at you know, there are guys at
Standard Chartered. By the way, I know you're going to
be shocked to hear this, but there are guys at
Standard Chartered, and at Barclays and at Northern Rock and
all these other freaking British banks that they have the
title of Senior VP of Operations over Vietnam. They work
for six They launder money for whomever, like that's what
they do. And the Chinese were putting a rule in
place that they could take those guys and they get
extra out them back to China and question them. This
shit's been going on for a long long time. Every
time there's piece is going to break out between China
and India or Indian Pakistan, somebody dies, car bombing, some
weird thing happens. Same thing here in the US, like
the other day that even the Munich Security Conference, they
got some freaking arab on SSRIs to drive into a
fucking crowd.
Speaker 1: In a Mini Cooper.
Speaker 2: Yeah, oh, in a Mini Cooper. It was a Mini Cooper,
German made British icon of of automotive, of automotive history.
Couldn't pick a better piece of couldn't pick a better
car for that, No way you could have picked a
different They picked that car on purpose. People are evil
and they're done and we need to stop. We need
to stop thinking that that they matter. They settle thirty
percent of the four X trade in the world. The
British pound does. That's their vulnerability because it's the only
thing they have left. They strip mind everything else, Like
it's the returns industry there, their their marine industry, and
their their shipbuilding what the remnants of the shipbuilding industry
and four X trading. That's it.
Speaker 1: You have a lot of people who are going to
die screaming Israel Israel. Uh Donald Trump? Has Donald Trump
is owned by Israel? Has there been a president who
has done more to damage their the money flow and
their power in the United States than Donald Trump has?
Twenty eight days later.
Speaker 2: No, because you you because you get because you talk Israel.
You have to talk to Sidon of London.
Speaker 1: Like most people don't realize. Israel cannot exigest. Israel cannot
exist without the city of London.
Speaker 2: Right, this is why, This is why I always like
whenever somebody said to me, well, just named the Jew,
just named like why the British are worse? And yeah,
some of them happened to be Jews, Like I know this,
Like I'm not, I'm not, I'm not unhipped to this, folks,
I get it. But it's bigger than that. There are
plenty of Anglo Saxons involved in this that aren't Jews, Like,
it's not that, it's that Israel was always their land
based aircraft carrier to sow discord and protect the maritime
sea routes around the most important sea routes in the
world where all the energy happens to be at the
same time. Like, you don't have to be you know,
you don't have to be Jewish to want to control that.
Like I'm sorry you don't. But it's a convenient cover
story to then deflect the evil onto a different group,
just like they've deflected a lot of their foreign policy
goals onto US. I'm not saying that Trump isn't. I
don't think Trump is going to allow Israel to be destroyed,
But I don't think he's going to start World War
three over it either. It would be kind of dumb. No. Actually,
if you really stop to think about what like ludicrous
proposal for Gaza is, it's to take away the religious
claim to Gaza from the Jews. No, it's ours now
we're gonna rebuild it. It's ours. If we're gonna rebuild it,
it's ours. You don't, you don't get the claim religious,
And so nobody gets to claim religious you know, ownership
of the land because we taudry Americans are going to
come in and we're gonna put hotels on it, and
we're gonna draw all the oil off the and all
the oil and gas off the shore, and we're gonna
take the profits. So we're stick at the Sovereign Wealth Fund.
We're gonna pay now our debt with it. Oh you
don't like that plan, do you have a better one?
And now all of a sudden, the minute he put
that out there, now the Arabs are coming to the
table and net and Yahoo is in, you know, in
political trouble and in Israel. You know, the whole thing
is I'm not saying that, you know, like but but
there's a lot of people out there who will accept
nothing less than Israel being wiped off the face of
the planet as an acceptable outcome. And to those people,
I say, well, you know, that's nice, but you're irrelevant
and maybe just maybe you're carrying water for people you
profess to hate what you can't be a useful idiot, Like, really,
have you read some of the tweets that are coming
out of some of the people who you know, I
had formerly had a lot of respect for, and they
just keep outing themselves as just anti American shit bags,
people just hate their own country. And I'm like, wow,
I didn't I really didn't know that, you know, took
a paycheck from the Russians or from this one or
that one, whether you realize it or not. But I'm
so over it, Like you know this, it's it's not
a black and white world. Donald Trump is gonna eventually
carve a piece out p A P E A C
A piece out of both Ukraine and the Middle East.
He's got Putin for buy in, He's got he's got
g for by it. Does everybody not realize that there's
a Yalta too, is like six weeks away? Eight weeks
away because it's risk staring in the face folks, or
was it late February ten weeks away? You know what
I mean by that? Right? What's in ten weeks? I'm
not following victory over Europe Day in Russia the equivalent,
if not more so, than our Fourth of July where
Putin has invited both Trump and g And did you
check the readouts from the initial talks between Rubio and
Lavrov Four and a half hours worth of talks and
they want to end sanctions. They want to normalize diplomatic relations,
they want to open reopen trade, They want to do this,
they want to do that. Really, And who's the only
people on the planet calling Trump a Putin puppet? The
same goddamn people that am calling them a Putin puppet
for eight goddamn years, nine goddamn years, City of London.
It's not hard, folks. Your media is all we've just had.
They must prove to us that all of our media,
every bit of it that matters, is owned and operated
and run by our NGOs that you paid for to
gaslight you into believing that your country had no future.
And if you haven't gotten that memo yet, if you
haven't gotten that TLDR through your head yet, you might
spend too much time on fucking reading or in you know,
at a Libertarian party meeting.
Speaker 1: Yeah, I've been. We were going over examining one of
the quote unquote right wing thing things and came across
the name of Paul Singer, and Paul Singer is basically
responsible for the Steele dossier. And who puts together the
Steele dossier? Well, what intelligence outfit puts together the Steele dossier?
Speaker 2: I think that was my six.
Speaker 1: Oh yeah, oh yeah, last.
Speaker 2: Checked, didn't Yeah, Chris Christopher Steele ran the Russian desk,
the Moscow desk for I six, Like, guys, and Trump
knows all this. Do you think Trump doesn't know who
tried to set him up for eight years, who got
rid of who probably routed all the freaking fake votes
and everything you think did this? They always run with
pausible deniability. These these these freaking people. It's it's it's
beyond it's it's and here's the funny part. Everybody then
try tries to what I've heard. Everybody keeps trying to
turn it around and goes, no, it's really the Masade.
Do you have chapter in verse on that? I know
what I can point to just staring us in the face.
Speaker 1: You have saying massages You might have, you might even
have a point, But saying responsible and saying Massad is
responsible for like the Steele Dosier is just you're basically
working off of presuppositions. Your presupposition is that massage responsible
for everything. I mean literally some of the people who
some of some of the people, some of these people
who want to point to the Jews as doing everything,
they're bigger Zionists than than most of the Zionists in Israel,
because they think they're superheroes. They think they're like they
can they can contry roll everything, like and it's like,
well who can? It's this is you know, I have
I've been really I haven't grown tired lately of reminding
people that Miriam Maidelson is not the person who's given
Trump the most money in his life, and neither is
Elon Musk. It's been Saudi Arabia. Saudi's have been responsible
for getting out. Tucker just had on the richest man
in Saudi Arabia who they actually just brought up the
fact that, oh didn't you, Bry didn't you buy Donald
Trump's yacht? Wasn't that you who bought Donald Trump's yacht?
And then remember they what was it, his second bankruptcy?
They were the ones who bailed him. It was some
Saudi's who bailed him out. I mean, why do you
think all these why why do you think this peace
Summit's happening in Saudi? Why do you all of this thing,
all of this power?
Speaker 2: Yeah good, well I was gonna say, is yeah, well,
Mary Maidleson gave him a hundred million dollars. Yeah, that's
that's the that's the price of access to the Trump
white House. Now that's not I control the white House.
That's that's the price of access to the White House
for her. That's all she was doing. She was having
to pony up like it's you know, every version of
a meeting or a money flow or this, it can
always be spun, can always be spun one way, and
then it can be looked at him. You can always
reframe it look at a different way. Like I used
to have a guy on Twitter used to follow me
around like every time I tweeted about the FED and
kept saying, why did Larry Fink meet with Powell eight times?
If he wasn't given Powell his marching orders and blah
blah blah blah. I'm like, why do you believe that
Larry Fink can give to your own Palell was marching orders?
What evidence do you have of that when Powell's clearly
at five percent interest rates? Maybe it's the other way around.
Maybe it's Larry Fink going hat in hand is your
own Powell and saying, come on, man, I thought we
were on working on this team here while he tries
to you know, schmooze his way back into Powell's good
graces to get him to cut interest rates to bail
out fucking London and Brussels, who he really works for.
And Powell was like, just close the fucking door anyway out, please, Like,
why why would you want? I mean, it's the same
thing here. Why does the fact that Miriam Madelson gave
Trump money? I mean, it's it's prima facial evidence of
of of corrupt, you know, I mean of whatever it is.
It can mean a number of different things. And from
the moment I heard that talking point repeated over and
over and over and over again by bitcoinners, by libertarians,
by zionists, by this one, by everybody, I'm like, oh,
that's the talking point. It's the I six equivalent of
Emily's list for going after Trump. You know what Emily's
list is, right, the Democrats talking point generation system that
they get together on Sunday night and then they publish
Emily's list on Monday, and then they get their talking
points for the week. Well, you know, Trump is moving
so fast that the fucking you know Emily's list is
is uh is outdated. The talking points are outdated by
Tuesday which is phenomenal. Right, So it's the same, it's
the same kind of thing. I this is, I'm done
with this whole, with all that stuff, because it's clearly
we're moving in a different direction. So clearly Trump is
trying to extricate us from this mess. He may not
do it perfectly. And of course the people who are
just like, come on, dude, I mean like, why does
Nick point Thees have a freakin' platform still? You know why?
You know why? It's an act as a disinformation agent,
that's his job.
Speaker 1: I don't attack people who don't it's me, so I don't.
Speaker 2: I don't.
Speaker 1: I don't say anything bad about people until they attack me.
And Nick's never said anything bad about me, So you know,
I let other people do what they do. And there's
a lot of people I just ignore. But but fair enough.
Speaker 2: But but I look at so I look at these
things happening, and certain people come back into the zeitgeist
and then are allowed to do their thing, And you're like, oh, well, clearly,
I mean, it's clearly has there's clearly an agenda. Like
you know, Steve ban has never gone after me or
there any he doesn't even probably doesn't even know my name,
but I know he works for. I know who he
works for because it's pretty freaking obvious because he's still
trying to gin up a freakom war with China.
Speaker 1: I've come to the opinion that the reason why the
Bank of London can't really do what they do anymore,
and why Israel is Israel's power, and you know, even
any kind of power European power, power centers out of
Europe can't exist anymore. It's just because they're anachronisms. They
it's just not the way business is done anymore. I mean,
you could you could scream all day that money's even
more fungible now than it's ever been. But still it's
you're there's a certain level of control because everything's so
out in the open, and you also have basically it's
like people are still trying to It's like they're still
trying to operate using Usenet while we have the Internet,
while we have the World Wide Web, and that's why
they're failing. It's an anachronism. It was it's bound to fail.
Israel is Israel's bound to become I don't think Israel's
going to be destroyed, but I think it's going to
become something else. I think it's just going to become
like another Western country that's multicultural, and they're eventually going
to have to let people in. And because they're an anachronism,
they can't exist the way they exist anymore. You can't
have a country that pretends to be Western that's warring
all the time against their neighbors. And who's you know,
who's like, Oh, we're going to expand we're going to
take this or we're going to take that. It's like, well, no,
you're saying. I mean, it's amazing to me that Putin
is not allowed to have the don Bass, but Israel
the same person who says they're they're they're not allowed
to have of the don Bass and they shouldn't be,
they shouldn't be invading another country. Israel can go and
do whatever the fuck they want. And they're like, oh,
but that's you know, that's divine mandate or some other
kind of bullshit.
Speaker 2: It's madn this the same argument. I mean, you know,
this is one of the it's one of the areas
of this of of distinct disagreement between myself and Dexter White.
You know, my my partner gold gouts and guns is
about Putin's invasion of Ukraine, and like, well, if we're
going to redraw, we're going to use force to redraw
political borders. I guess that's the world we live in now.
I said, well, you should have mentioned that, you know,
I should remind you know, if you're going to get
angry about that, then you should remind NATO about what
they did in Yugoslavia. Okay, like.
Speaker 1: National endow by the way, National Endowment for Democracy, by
the way, that is having all of their funds taken
away from them.
Speaker 2: Yeah, like the whole like you know, you know, we're
all fond of saying like history didn't start in twenty fourteen,
It didn't start in twenty twenty two. Wh I got
news for you. It didn't like and you can't cut
you know, you can't cut it off, like and you
know I'm not you know, and you'll be the first
one not to defend Israel and they're uh their use
of you know, they're you know, changing borders and everything else.
But like, you know, you can't just hide behind the
who was the one who crossed the border first? As
the as the arbiter of who's in the right and
who's in the wrong in these kinds of situations when
you clearly have people crossing into that border or like beforehand,
and ginning up unrest and ginning up civil war and
ginning up all of these things, like and then say,
well they they didn't. You know, we didn't. You know,
Russia invaded Ukraine. Ukraine didn't do anything wrong. Yeah, but
Ukraine was bombing the don Bass and denying people their
free association for years, and then they were talking about
getting nuclear weapons. Like I'm sorry, but certain things, you know,
the arbitrary political board. This is kind of where you know,
you can actually make that whole libertarian argument about you know,
arbitrary political borders being valid, Like it's an arbitrary political border.
The bomb crossed the fucking border, and you're going to
sit here and you're going to use that as the
demarcation because you need to have some legal framework for this,
but there is no legal framework. Ukraine unilaterally decides that
the don Bass, that the people of the Donbass are
not allowed to form their own country, and are willing
to bomb them and invade them in order to do so,
And you're okay with that. And then when the West
lies about the ceasefire and the purpose of the ceasefire
and everything else, and then continues to build an army
to invade those people with and you are going to
fall back on some arbitrary political border. What about the
fucking people? Like, sorry, this is clearly a war of
aggression on one side versus the other. I don't you know,
like it or not? Or you can just say everybody's
in the wrong, and whoever fucking beats the other one
up more and fights and and and and out maneuvers
the other one strategically and effect is the you know,
is the winner and there's no right, there's just winners.
And you can not like that, but it is what
it is. But you can't justify it. You can't, on
the one hand, justify Ukraine's actions, you know, and and
denigrate Russians Russian's actions any more than you can denigrate
Russian you know, you can. You can justify Russia's actions
and denorate Ukraine like they're both in the if you
want to, if you want to play that game, they're
both in the wrong, and the Russians are gonna win.
And then you don't like the outcome and so now
it's going to be you know, Putin's mess. I got
news for you. Putin is going to get reparations from
the West, and Trump's gonna give it to him. It's
not going to be the other way around. And he's
going to And this is why I think Europe is screaming. Now.
I just popped into my head why they're screaming so hard,
because Trump is gonna be like, look, we're gonna get
our money. Is where that of fucking Ukraine? Putin gets
to have what he wants, and yeah, we'll probably give him,
you know, we'll give him whatever whatever he wants in
order for us to get what we want, and then
Europe can like figure it out from from there. And oh,
by the way, the Russians should get their money back
they install or if you're not going to give it back,
well then you stole three hundred billion dollars from these guys.
Use that to rebuild Ukraine. Mazel Tov like, I think
that's what's going to happen, and that's why they're so
freaking angry.
Speaker 1: Yeah, I think what's going to happen is that basically
this will come to an end. Russia will get what
they want. And I think one of the biggest fears
you're seeing now, especially in Germany. I don't know if
you've seen this video of these these people being interviewed,
these these prosecutors being interviewed saying, yes, if anybody says
a lie on the Internet, we have to prosecute them,
because that lie is forever. It can't you know, if
you're not going to take it down, then it's there forever.
I think the biggest fear is that, and it's the
and it's a fear that goes back we're talking about
a historic fear is the AfD is going to get
power in Germany and they are going to make a
deal with Russia, and Russia is going to start sending
them resources and Germany is going to start building back
into the into the main European power that they were
always destined to be. And that scares the shit out
of the City of London, international jewry everyone, yep, yep, yeah,
And but I and I honestly think that is what's
going to happen.
Speaker 2: Yeah, no, I I don't disagree with you on that point.
I'm just going to broaden the scope of that point
because it's a it's a it's the full crum on
which everything else is. Like I said earlier, do you
not understand that the new Yaulta is coming. One of
the things that I don't remember if I said it
first in either public or I remember chatting with Alex
Craner about this one day and I said, Alex, at
some point we just need to look at a map
of the world and we lay them the world out flat.
We don't have Europe at the center of it anymore.
Take the center of that map and shift it to
the Pacific Ocean. Now, the problem with that is it's
not a particularly compelling map because it's just a big
blue body of water. But around the edge of that
map are your three major powers for the rest of
the twenty first century, the United States, Russia, and China.
And the Russians are going to control eastern Europe, but
they're going to control eastern Europe willingly this time with
Germany eventually as a partner. And the United States is
going to have their backyard taken care of. They're all
fighting over the Arctic. Why we have to go after
Canada and Greenland is absolutely about the Arctic Sea routes. Okay,
and to ensure that there's no Chinese access to the
maritime sea routes of the Polar region and the Russians
in the Americans are gonna are gonna go back to
alex is convinced of this. He wrote a big, great
substack on it the other day and did a and
it's done a couple of interviews with this. He's like,
they're gonna revive They're already reviving the idea of the
Moscow to Anchorage rail line with the tunnel between them.
And guess who's gonna build that tunnel, mister tunnel man
Elon musk Okay, Like this is coming, folks, like everything
that's that Trump and Rubio have talked about and read
the readouts from Alexander mc kiros that Duran did a
great video on this the other day, and I get
I give alex credit because he actually has the stomach
to read diplomatic readouts and I don't. I mean no seriously,
And you know they laid it out in like the
bald face terms. We're gonna normalize relations with Russia. We're
gonna give them their property back to the Obama stall.
We're gonna do this. We're gonna do that. It's gonna
be lovely, it's gonna be great, it's gonna be a
golden age. And that means the kids in one in Brussels,
they sit at the kids table and they take and
they are price takers here, they're not pricemakers. They're gonna
be price takers on this and they hate it, and
that's fine, but they have nothing to do. What's France
gonna do. Put troops in Greenland fight the Americans. That'll
be hilarious. What about the Brits. This is why Starmar
is trying to come over to the United States, and
he's gonna try the classic British two steps. Look, we're
gonna go in there as peacekeepers and we're just gonna
and we're not gonna let Russia get any more territory
but we don't have, but we're willing to do that.
And then if you're there as a guarantee of our safety,
it'll work. Starmers are all but said that. I'm like,
Trump's gonna look at him and go no, because you
clearly can't be trusted. You clearly want a wider war,
and you clearly want us to fight that war for you,
and we're not going to do it, and we're not
going to put our boys in the way. Like since
Trump was elected, we've been pulling men in material out,
material l out of Europe, folks. It's been happening. See
one thirties full of shit leaving Europe, troops coming home,
all of it. It's already happening. When they're complaining about
these things, it's because they've already happened. You only hear
about it after it's already done. So the Europeans have
their big like their big emergency meeting, and they pledged
seven hundred billion dollars to build a new military, which
they've been screaming. They wanted it forever anyway, they just
didn't want that to be able to do that until
after the United States impaled itself on Russia and the
two of them knock each other out. Well, they're not
knocking each other out, folks. Now they have to print
that seven hundred million dollars out of thin air. And
good luck, right, I mean good luck that your bond
markets are not going to emplode, good luck that your
currencies aren't going to your currency isn't going to implode.
They have to go for fiscal integration. You've got at
least four different countries are like yeah, no, like you
got all these countries in the European Union that aren't
on the euro How are you going to do fiscal
integration with Hungary refusing to give up the foe rent
or the Poles refusing to give up the Salatti. Yes,
I happen to know what the the I happen to
know what their their freaking currencies are because I'm a geek,
talk about sperking out. Sorry, I mean they're not going
to do it, so then what? And the Italian's one
out of this mess? And the only reason the Italians
haven't jumped ship yet is because Sergio Madarala, the freaking president,
is doing everything again to neuter every Meloni. And that guy,
I don't think his term is up until he's like
eighty four years old too. He's another one of these
freaking olds, that camp that you know, he can barely walk,
you know, but he's but he's owned and operated by
these you know, by the old the old structure. So
the other thing guy to really do is wait for it,
wait them out. If he's probably not going to win
this weekend thinking back to Germany, but they are going
to probably do well enough to force a crisis mode
in German politics. I also suspect, and given the size
of the stakes, I firmly suspect that there's going to
be shenanigans. They have been uncovered shenanigans in the Saxony elections,
by the way, that allowed the Greens to get five
point one percent. Apparently that was a lie because in
Germany he had that five percent. You have to get
at least five percent to be considered for inclusion in
any state or federal government, right, so that so the
Saxony government can't you know, the Greens don't qualify and
some other things. So the right people have already been
pushing to ensure that transparency is restored to the German
election system. But there they've been working with the German
election system just as hard as they've been fucking with ours.
So and don't expect a FD to do anything other
than fight the final results, because they will and and
they'll begin the right on this. But you're what you're
looking at in Germany is a wipeout of one of
the two major parties, either the CDU or the SPD.
Most likely the SPD on the Social Democrats and the
Greens are done and in the end it's really going
to come down to it's a CDU a FD dominated Germany.
And maybe not for this election, but certainly by the
time it's all said and done, you know it will
be and they'll have no choice but to deal with it.
And watch what's going on in Austria and how the
coalition talks. They are broken down as well because they're
continuing to try and run this mercle court on saned Haire,
around the firewall, around the around the populist Nazi parties,
which is all bullshit and everybody knows it. But I
still think the Americans are gonna wind up owning the
nord stream pipeline.
Speaker 1: By the way, all right, I am I have to
ask you this. Look, there were a bunch of things
that we talked about that led up to the election
and led up to the inauguration that could have been
could have jinxed what was going on. I don't think
we're going to jinx what's going on? Tell me your
theory about the income text.
Speaker 2: Oh okay, it's not hard. Trump is already setting up that.
I mean, we're already. Now we now have I just
saw a tweet from somebody this afternoon that they're openly
talking about big tax refunds for all the stolen money. Right,
I get people properly pissed off that they've all stolen
trillions of dollars on us and that we should get
our money back. And we paid this money, and then
why should we pay it back? There's we don't need
the income tax, and we don't need a government that
spends seven trillion dollars a year. We barely need a
government that spends two trillion dollars a year. Listen to
what Listen to Trump's words, Hey, Russia, Hey China, why
don't we get together in all pledge to drop our
devense spending about fifty percent. It's killing you know, China
doesn't doesn't doesn't need to be spending there with this
amount of money on this. The Russians clearly don't, and
we don't. So let's bring the temperature down. That's a
lot four or five hundred billion dollars off the process there. Okay, Now, it's.
Speaker 1: Also a war. It's also a war on special interest
within all of those countries.
Speaker 2: Bingo, Yes, it's a d oligarch d olig oligar causation
of all three countries, right, which is also or a
depowering of the oligarchs, the oligarch class, which again gets
back to James Burnham, the managerial state, all of this stuff,
tariffs can We're gonna put capital controls around gold. I've
been Vince Lanchi and I have been talking about this
for a year and a half, on and off. They're
already going up. They're already pretty much up. And that's
part of what the lb m A story is all about.
Bring all the gold home, erect erect soft capital controls
around the gold that we're going back out again, depreciating
the comex so that it's only a physical delivery market domestically.
So it's kind of like the Shanghai futures market is
today the sheet over a shefi. The Shanghai market is
a physically settled market, but none of the gold leaves China.
Gold can commit to China, but it can't. They can't leave.
It's like a roach motel, right, It's like hotel hotel,
you know, Goldifornia saying we're setting up the same thing
here and g l D will be the repository of
the gold that's available to trade as in order to
for people to hedge their FX risk using gold X
being four x being foreign currencies, which is a valid
use for the private for gold, but it's been it's
been perverted to aida by City of London and in
the past, and comas and the boion banks and everything else.
That's all ending. So we don't need an We don't
need that anymore. We have we have all the gold.
They're gonna dump, They're gonna monetize the gold and dump
and use the sovereign Wealth Fund in ways to start
retiring debt. And I don't need to go into the
specifics of this. Let Trump and Descent lay this out
all out for you. But you know, my good friend
Vince Launchy has bombed onto the idea of Alexander Hamilton's
sinking fund, and you should look that up, and it's
it's it's a it's not a hard argument to make.
But the gold, there's going to be a cash for
equity swap in housing in the United States, you're going
to be able to I firmly convinced that at some
point Descent has already talked about this he's going to
do something akin to a zero percent he locked against
the equity in your house of throw an eighty percent
of the evaluation is a kind of a standard he locked,
but it'll be issued by the government. But as opposed
to you taking your getting cash to then spend however
you want, you're not going to get cash. You're going
to get treasuries, probably slightly under the market rate. But hey,
you're going to be able to unlock the equity in
your house for zero cost, and then you're going to
get a positive three or four percent yield spread. So
they'll get a zero percent helocked from the government. The
government will then turn around, take that money and issue
you treasuries and then pay you the coupont right four percent.
So think about that and think about how that now
monetizes a lot of things. Think about how that is
now a wealth transfer back to the lower middle classes.
Because most of the people that we're dealing with here,
we're talking about here are not most of the homeowners
where most of the equity is in our houses. It's
all people in the lower and middle income strata, right,
because that's where most of their wealth is. It's in
their home equity, so being able to monetize that home
equity and use it without having to sell their house
to get the money to then you know, leave their
grandchildren in the lurch because they've got to go become
they got to sell their condo and Sarasota and go
move to some you know, cheap state in order to
live like all the things that you see people doing,
which is derastinating the country. That's going to completely flip
on its head because you'll get a treasury of some
maturity and they'll come with two caveats. One, you know,
you can't sell your house until the boondo matures, and
two you can't resell the mortgage and you can't take
on any can't take on the second mortgage against any
appreciated appreciated value. But hey, you sit here and you
look at it, and you say, you're a you're in
a good market where say your house is worth four
hundred grand, you got two hundred and fifty thousand dollars
in equity. Let's make the math eas you know, eighty
percent fifty two hundred thousand to urning ten thousand, something
like that, whatever it is, twenty thousand right now, it's
two hundred thousand. Yeah, so two hundred thousand dollars you're
going to getwo hundredusand dollars worth of equities. A treasury is
paying four percent a year. That's a check for seven
hundred dollars a month. It's a reverse UBI. What are
you thinking of das for.
Speaker 1: Let me let me ask this. That's a rock part
of the plant. Yeah, that's only part of that plan. Okay,
Black Rock, State Street, Vanguard. They've all said by twenty
twenty six that they want to own more than fifty
percent of the private houses in this country. They already
own I think up to ten to eleven percent. How
that has to stop, That has to come into an end.
Power has to be used in order to put them
to heal and to cause them to liquidate what they
already own.
Speaker 2: Yeah, well, or they're just going to have what they
have and they're going to move on with and they're
going to move on with their bad selves. They've said
that's what they wanted when they had a globalist infrastructure
in place to bankrupt Americans. That's what was going to happen.
Because they're not going to be the ones that they're
not issuing these heaylocks. They're not going to own these homes. May,
to be honest with you, the government doesn't even own
your home at that point. The government just said, look,
we would like the cash, and we're willing to pay you,
you know, coupon payment. You know, it's a savings account.
It's it's like you know, it's it's a reverse heatlock.
You still own your home. The government has you know,
taken out, You've just lent your you know, it's like
want your liquidity to your your your equity. It's like
it would be like me, me saying to you, Pete,
I've got you know, you want to borrow two hundred
thousand dollars with a gold from me. Not that I
have two hundred thousand dollars with the goal, but you
want to borrow two hundred thousand dollars with the gold
from me. I'm like, okay, fine, it's a private loan.
Four percent. Don't pay me. I get to keep the gold. Right,
So government don't pay me the coupon payment. You don't
get my house. We're only used to being debtors having
to go out and buy into the capital markets and
buy everything at that funds plus that's not what's gonna
happen here. But the government is right with the government,
the pscent is gonna offer us is a slightly lower
than market return, at least in nominally, but you're still
exposed to the upside on your house. But now you're
gonna get a chunk of change that shows up every month,
and you're gonna use that how You're gonna pay gas
with it, You're gonna you're you're you're gonna buy food
and this and that. You're gonna the money is gonna
circulate locally. It's gonna bring money back to the local economies,
not sending it out. Then there's no need for you know.
And for those in the middle income trap, it'll wipe
out their income taxes. Now you may not be the
income tax might not go away, but your income tax
bill will go will be you know, basically you'll be
taking off the tax rolls because you're going to get
in return. You got four hundred thousand dollars over the
equity in your house. You know, you make one hundred
grand a year or one hundred twenty grand a year
and your you know, your two kids and your net
your adjusted gross income is sixty thousand dollars, and you
got a marginal tax rate to say, thirteen percent. You know,
got news for you got three hundred and twenty grand
at four percent. You know, thirteen thousand dollars in taxes,
You're gonna get twelve thousand dollars from the government all
of a sudden, the government's paying your tax bill. I
mean literally, just pull those numbers out of my ass.
Speaker 1: All right, I know, I know you have an out.
Let's do let's uh, let's come back in twenty I'm
gonna hit you up again in twenty eight days and
we'll come back and see what else is happening. And
so just plug, plug the website and the patroon and
we'll get out of here.
Speaker 2: Sure, one last point for everybody on your Sure, just
one last point before we go, which is the following
Right now, the budget deadline date for reconciliation is the key.
March fifteenth. They've got to get a budget through reconciliation
by March fifteenth. The Democrats are going to try and
stop that from happening. But if they get that done,
they can do a lot. I'm going to talk to
Peter Saint ONNS next week for the podcast, and we're
going to talk about his discussions about how we can
suspend the income tax under reconciliation and among other things.
Are going to go bound to get Peter to put
a little bit more meat on those bones. But as
always TfL seventeen twenty eight on Twitter slash x slash
elon Musk's personal you know bouncy fund room patroon slash
gold Goots and Guns, where you can sign up for
you know more of me ranting into a microphone two
three times a week, along with the monthly newsletter and
uh the blog over Goldgods and Guns dot com which
is for all intentsive purposes now a repository for the
podcasts and other things.
Speaker 1: That's a right now, I guess next time I'm going
to ask you this unless you think you can answer
it in five seconds. Sure, who put this plan together?
Speaker 2: A very smart group of people, and not just Trump.
The Trump was absolutely yeah, Trump was involved in it.
The crypto guys, I haven't even gotten into the crypto
side of it. I don't know about percent, but I
know I know people close to the transition team, like
I mean or and now they're not the transition either
of the administration, And we've been theorizing personally behind the
scenes for a long time about was gonna happen. I
haven't even gotten into Fanning and Freddy. We'll leave that
for another day. But bringing them out of conservatorship is important.
But who put this together? I'll be honest with you.
It was probably a mix of guys like Powell and
Diamond and you know, all of them. They all just
sat down in a room together and said, what can
we do? Bessent is you know, he's a guy who
knows where all the bodies are buried, and he knows
how to you knows how to deal with stuff. And
Trump is really good with that, folks. He's a master
at this, and he's a master putting deals together. And
Donald Trump is no dumby they like the pay they
paint him is like some crazy He's not like. Baron
Trump is a certified one i Q one seventy fucking genius.
For Christ's sake. It's a scary kid. The Baron Trump
memes are hilarious, by the way. I mean, they really are. Well.
I don't know if you guys, if you've seen some
of them, they're just like wow, And they make me
laugh every time, but they're true. And and you know,
Trump is motivated by a number of things, but the
main one, I think, not just revenge against the people
who wronged him. That's secondary too. We're going to fix
all of the stuff because everyone has been victims of
these frickin' people and it needs to end. In this
period of history itself needs to come to an end,
this era, and I've been calling it the central bank era,
and I think it comes to an end. And I
don't know that the FED survives it. But if the
FED does survive, it will survive it much in a
form that's much closer to its original conception as the
lender of last resort, and that means a repeal of
the Banking Act in nineteen thirty five. Okay, so we'll
leave it there and we'll talk.
Speaker 1: Don't cut off yet. I have something to say to you.
Five seconds for five seconds after we after we sign off,
all right, Tom, thank you, I appreciate it.
Speaker 2: Thank you.