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Speaker 1: You know, there's no way to pay off the debt.

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They're going to have to inflate it away. They're gonna

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have to print a whole bunch of new dollars in

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order to service those payments in nominal terms, but in

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real terms, obviously, they inflate the real value away. And

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that's beneficial for any real asset, anything else that can't

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be created out of thin air, and that of course

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includes gold, silver and bitcoin.

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Speaker 2: You're listening to Carrie Lutz's Financial Survival Network, where you

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get valuable information you just can't find anywhere else to

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thrive in today's trying times. You need the Financial Survival

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Network now more than ever. Go to Financial Survivalnetwork dot

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com and get your free newsletter and gift. Financial Survival

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Network now more than ever.

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Speaker 3: And welcome.

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Speaker 4: This is Financial Survival Network. You are listening to your host,

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Carrie Lutz, and with us is our good friend Allan

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Hibbard and Alan of course you find him at Goldsilver

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dot com on the YouTube.

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Speaker 3: Channel all of that. Alan. Great to have you back.

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Speaker 4: So we've had some major gyrations here in the market

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over the past.

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Speaker 3: Past month. Here.

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Speaker 4: Luckily, I've been traveling, so I've I've paid a little

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bit of cursory attention to it, but I haven't gotten

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too deep into the weeds. Why don't you tell tell

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us out there.

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Speaker 3: What has been going on and what you see happening.

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Speaker 1: Yeah, well, thanks carry good to be back. Thanks for

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having me, and I hope you enjoyed your vacation. I

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think that's sort of the way you want to live, right,

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You want to live first, and then all your financing

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and involvement with the markets should support living. So that's

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kind of what I like to do, even when I'm

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not on vacation, and when possible, I like to zoom

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out from the markets, not get caught up too much

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in the day to day. So as I look at

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what's been happening over the last few months and even years,

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I'm thinking that so much of the activity we're seeing

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and so much of the volatility in the markets is

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because of a lot of movement towards a new monetary system.

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So this is something that Donald Trump has hinted at,

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and this is something that his Treasury Secretary Scott Bessant

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has hinted at pretty strongly. And they both have said

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that they like gold. They're gold bugs and I think

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all this tariff shenanigans. I think it's kind of an

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agitate then alleviate situation. I think Trump wants to get

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everyone in one room and hash out a new monetary system,

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not just trade deals. I think it goes a lot

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deeper than that. So I think all that we've been

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seeing in the markets is all centered around a new

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monetary system and the uncertainty from a lot of big

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players around it.

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Speaker 4: All right, I'm going to run by a pet theory.

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I've written three articles about it. If they're on Financial

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Survival Network dot com if anyone wants to look. So,

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here's what I think he's up to. The strategic cryptocurrency.

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All right, Now, one investor to another, alan, what has

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been the best performing asset class.

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Speaker 3: Of all time? Well? Bitcoin? Right?

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Speaker 4: So Bitcoin went from almost a penny to one hundred

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five thousand, pulled back, but now it's going back up.

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Is it a stretch to think that bitcoin can go

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up one thousand? Uh, you know, basically a thousand times

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what it is now. It could be trading in the

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millions very quickly. Yeah.

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Speaker 1: I don't know if it can do a thousand x

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from where it is, like measured in today's dollars, but

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it certainly could do one hundred x and not like

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in a day. I mean, it would take a few

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years to get there. But if you think of it

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on one hundred CKX, yes.

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Speaker 3: Life steak yet x. But if there was an event

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that shook the markets, it could go up even faster.

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Speaker 1: Right, absolutely, I totally agree. And you know, the market

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cap is a right in the matter order of magnitude

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of like single digit trillions of bitcoin. It easily could

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be in the hundreds of trillions of dollars. That's not

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a stretch. So that would be a factor of one

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hundred acts. That's tours of magnitude. Very plausible.

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Speaker 4: All right, So let's go over this, because there is

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no way to pay off the debt unless you can

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find an asset that you got for next to nothing

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because you confiscated it, probably illegally from hapless holders like

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Sam Bankman Freed and Ross Aubrick and numerous other money

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wanderers and scammers who thought that their bitcoin was was

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unconfiscatable but found out other otherwise. And if you were

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buying up and accumulating bitcoin in the background, waiting for

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this day, and then bitcoin shoots up and you say

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you got a chance.

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Speaker 3: You got a choice here, guys.

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Speaker 4: You can take your bond re payment in bitcoin, or

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you'll hold on to it and you won't get any interest.

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Speaker 3: Yeah.

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Speaker 1: I think that's exactly the boat that we're in. You know,

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there's no way to pay off the debt. They're going

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to have to inflate it away. They're gonna have to

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print a whole bunch of new dollars in order to

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service those payments in nominal terms, but in real terms, obviously,

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they inflate the real value away, and that's beneficial for

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any real asset, anything else that can't be created out

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of thin air, and that of course includes gold, silver,

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and bitcoin. So yeah, that is one of the things

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that could cause them to go up a lot.

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Speaker 4: In price, and they don't have to print any money

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to do it. Alan and assume that they're holding a

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million bit coins, right, I don't think that's a stretch

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to think that they're doing it. Because we don't have

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the ability to know how much they're holding. We can

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make guesses three fifty to five hundred thousand, but I

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think it's closer to a million. So you get that

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thing up, you know, what's a million worth right now,

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it's a I can't even count that high. But if

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you get it up another one hundred times, you know,

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you pay off the debt or a chunk of it,

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and then you say, oh, you know, we got all

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these other bitcoins left, let's put them into social security,

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recapitalize it with bitcoin, and then privatize it.

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Speaker 1: Yeah, they might be doing that absolutely, but again, if

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you're on the receiving end of that, you're you're not

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going to get You're not going to get anything of value, right,

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So you know, that's why it makes sense that if

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you're if you're a regular citizen, or if you're going

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to be a Social Security recipient or write a pension

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fund recipient, whatever, that's why it makes sense to just

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go after those hard assets yourself, like just acquire them

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now and then you don't have to worry about what

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kind of shenanigan's.

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Speaker 4: Gone exactly, and then you know, hey, everybody's happy.

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Speaker 3: They didn't have to do it.

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Speaker 4: Basically found an infinite gold, mind right. They took that

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gold and just said, all you people that owe us money,

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all you entities, were giving you this gold.

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Speaker 3: It's digital gold. But it's just as good. It's accepted worldwide.

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Speaker 4: Right, And you know, this is the kind of thing

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that it's the only choice they have if you think

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about it, Alan, right, I mean, they don't really there

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is nothing else they can do, is there.

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Speaker 1: Well, so so that first piece, you're basically saying, confiscate

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bitcoin and other digital assets from money launderers and criminals

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and so forth.

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Speaker 4: I wind fall profits taxes on on taxpayers like you,

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and I.

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Speaker 1: Yes, absolutely they could do win fall profits tax and

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I think you'd get a lot of people that dodge

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those taxes.

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Speaker 4: Honestly, I thought that's okay because there'll be a lot

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that don't and it's not really going to matter, you.

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Speaker 3: Know, yeah.

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Speaker 1: I mean, and another thing is just currency creation, right,

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so the fund to fund deth suspending and to inflate

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away the real value of the debt. So it's it's

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kind of a combination of choices. But but there's no choice.

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They have to do some combination of all that. So

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it all it all points in the same direction. Get

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a hold of the hard assets that no one can

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control and and then just live your life.

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Speaker 4: Yeah, but you know that they'll try something sneaky like this, right, yes, absolutely,

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that's what governments do. So and they have choice. Well

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choice is default just default? Great, you know basically express default,

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inflation is implied or inferred default. Or find an asset

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that's that's rarer and worth more than gold and revalue

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all of your debts and that because you've confiscated and

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grabbed it and you'll win fall profits tox it, right,

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and and that's how you do it.

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Speaker 1: Yeah, absolutely, absolutely, So we kind of we kind of

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know what set of choices they have, and all of

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them lead in the same direction.

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Speaker 4: Yeah, well, it's just another form of default, but it's

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a it's a classier form of default, shall we say, right, Yeah, I.

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Speaker 1: Guess that's sort of it's a pick your poison situation.

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Speaker 3: Yeah, I love it.

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Speaker 4: It's like, you know, this is why you need to

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be a free thinker, a critical thinker. Well, you can't

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buy into the narrative because the narrative is out there

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to control you. It's out there to make you not think. So, Alan,

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here's a simple question for you. How did you wake up?

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Speaker 3: How did I wake up to what they're trying to

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do to the system?

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Speaker 1: All right, I think when I started studying the Federal Reserve.

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And when I watched Hidden Secrets of Money by Mike

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Maloney and that that sort of woke me up.

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Speaker 3: That was a great one. Yeah, that will live in history.

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Matt times like that.

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Speaker 4: I wish I had a better stage presence and they

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could do something like it. But but Mike like knocked

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it up out of the park. I think I interviewed

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him right around the time he did it, too, So

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so you need a little help, in other words, to

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get out of the mindset that the almighty dollar is

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going to be with us, like the Marine Corps, you

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know from Full Metal Jacket and the drill sergeant said,

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men will live and die, but the Marine Corps is forever.

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Ment'll live and die, But the dollar is forever.

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Speaker 3: But it's not.

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Speaker 1: Yeah, we act like it is, but it's not. Every

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few currency goes to zero. There have been one hundred

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that they probably even thousands throughout history that have gone

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to zero. And the only ones that haven't are the

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ones we currently have. But you know, it's only a

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matter of time. So yeah, I totally agree with you.

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How did you wake up, by the way, how did

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you wake up to the scam of the dollar?

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Speaker 4: I was born awake to some extent based on who

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my father was. But I watched Milton Friedman's and Rose

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Friedman's documentary or special on PBS Believe It or Not,

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which basically attacked everything that PBS holds near and dear

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called Free to Choose because at that time they were

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free to choose whatever they wanted to play. And he wasn't.

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He was a monitorist, but he was one of the

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smartest guys in the world. And well he didn't maybe

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embrace gold and getting rid of Fiat currencies, and he

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played the game for the system because he invented withholding

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tax and some other kind of devious tools that were

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used in World War two to finance the war. But

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in any event, it got me thinking, like because it

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opens up. He's in Hong Kong before the Chinese took

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it over, and it's like, hey, this little piece of

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land here, little rock, has no resources whatsoever other than

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its people. But unlike in England, they actually led it

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to exist as a free market haven and it became

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one of the wealthiest places on Earth till you know,

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the Chinese decided to destroy it recently. So that's what

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set me down the path and then I looked for

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I found the Austrians, you know, von Mesis, I read

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Human Action, Percy Greeves, Murray rough Board, and Hayek. And

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I always knew the system was going to go bust,

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but during the eighties and nineties it looked like it

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was doing okay. And not until we hit the GFC

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that I realize the jig is up.

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Speaker 1: Yeah, and of course during the eighties and nineties, that's

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when the price of goals was tanking, drop seventy percent

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in those two decades.

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Speaker 3: So yeah, so what do you think.

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Speaker 1: Do you think we're going to get a new monetary system?

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Do you think Trump and Gang are going to work

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something out?

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Speaker 4: Yeah, well that's what this is all about. Subduing China,

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reconnecting with Russia, all right, bringing them back into swift

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and bringing them back into the economic system. And I

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think that's going to happen. It's probably going to require

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our coup in Ukraine. But hey, you know that's what

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the deep state does best, is coups, right, So we're

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going to get a coup in Ukraine shortly, because as

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long as Lenski's there, nothing's going to happen here, you

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know it seems obvious. So we're going to get a coup,

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We're going to get a peace deal in Russia, and

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we're going to split it from China because they don't

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really like China. China just wants to call in a Siberia.

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That's their dream because Russia is a land without people

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and China is a people without land, and they're on

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the border of Siberia and they've been trying to collinize

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it for years and now Russia is so in the

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hole to them that they need an out, because you know,

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that's what stopped them from even trying to take over

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all of Ukraine. They could have done it, I believe,

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but it's kind of they're in a box. They do that,

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they'll never have approachment with the West and then they'll

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be pushed further into China's pocket. And these are smart

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people here. I think Putin's a stone cold killer, but

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he's a smart killer. And g is on his way

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out and Trump is digging his grave as we speak.

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Plus I don't want to get into all this because

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it's getting attracting, but just look up tofud drag in

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China on Google or whatever you're using AI, and you

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will find out the truth about China anyway.

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Speaker 3: So get back to gold here, how you think it

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can go.

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Speaker 1: Well, measured in dollars, it depends how many dollars they create,

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So so you know this, this guy's the limit. I

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think I think it easily could go to ten thousand,

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you know, a merror tripling from where it's at. That

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seems pretty reasonable. And if we sort of take the

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dollar out of the equation, cut out the middleman because

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it's a fictitious unit, and measure gold against real stuff.

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If you look at the Dow gold ratio, absolutely there's

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there's a long way to go until we revert to

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the mean. And usually when we revert to the mean,

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we continue past it and then spring back in the

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other directions. So another doubling or tripling in the price

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of gold relative to the DOO or just relative to

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stocks in general is a gimme, right, that seems obvious

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to me. Over what time period I don't know, but

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you know, next few years sort of depends on world events.

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But yeah, it's gold is extremely undervalue compared to stocks

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right now, even despite the big moves we've seen lately.

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So it's very exciting. Yeah, exciting and you know, so

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you play it with mining stocks, you play it with

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buying gold, all of the above. For me, I start

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with physical, and I want even more physical than I

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currently have. So I haven't gotten into mining stocks yet,

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but I could see obviously how that would be attractive.

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And they've been so beaten down lately that they're they're

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practically free to get a hold of, so I could,

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I could see how miners would be attractive. I'm still

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leaning towards more physical at this point, but make it

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into miners.

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Speaker 3: In the future. Yeah, I'm with you, man, I definitely

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see it.

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Speaker 4: But I think this year there's a cap because there's

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all these other things happening. I think maybe we get

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forty five hundred by the end of the year. I

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think that's pretty reasonable and respectable. You shouldn't expect any

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more than that. And hey, even if you even if

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you don't get to it, it doesn't really matter, right, Yeah.

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Speaker 3: I agree with you.

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Speaker 1: And you know, keep in mind, Goal has already done

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twenty percent in the first third of the year, so

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if it does twenty percent two more times before the

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year is up, that's adding another seven hundred bucks to

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the price. Almost twice, so adding another fourteen hundred puts

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us just shy of five thousand. But like you said,

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even if it doesn't get there, you know by December

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thirty first, who cares. It doesn't really matter. You know,

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the future is sort of written. It's just a question

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of how fast do we get to the future.

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Speaker 4: You know, this reminds me when I started getting into

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this space, Allen, I read a quote from somebody, and

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I love quotes, but I don't remember it verbatim, but

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it said that things take a lot longer to occur,

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and you ever thought, ever thought was going to happen,

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but when they happen, they happened much faster than you

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ever believed possible.

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Speaker 1: Yeah, and I know that quote you're talking about. I

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can't I can't tighten it up, but I know the

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one you're talking about, yes, exactly.

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Speaker 3: And that that is the the absolute truth here, right.

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Speaker 1: Yes, Yes, it's a close cousin of gradually then suddenly.

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Speaker 3: Yeah, yeah, how did you go broke? Was that? Was

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that Hemingway emingway? Right?

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Speaker 1: How did you go broke? Two ways? Gradually then suddenly suddenly?

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Speaker 3: Yeah?

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Speaker 4: Slowly and quickly exactly in difference. Yeah, Well, I think

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we will leave it at that, just to tell us

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where we find you, how do we connect with you

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on the web, and how can we find out more

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about getting gold and getting our assets in order?

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Speaker 1: Yeah, so if you want to connect with me personally,

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probably Twitter or acts is the best way to do it.

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My handle is my full name, Alan Hibbard. And for

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everything goldensilver related, go to goldsilver dot com. That's that's

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00:18:58,279 --> 00:19:00,839
our website, that's our YouTube channel. You can find so

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much free educational content, and of course you can buy

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you can buy gold and silver.

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Speaker 3: Hey, you know, it might's done such a service with

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that site.

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Speaker 4: So many people have woken up to what's really happening,

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you know, but but nothing goes in a straight line,

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so they might have figured it out and then they said, oh,

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everything's fine, Gold's going down, and then all of a sudden,

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gold's going up. Besides bitcoin. Gold's been the best performing

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asset over how long has it been, Oh, certainly ten years,

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but certainly it's best five right, Yeah.

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Speaker 1: You could probably even go back twenty five years, roughly

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the year two thousand, you know, the dot com crash

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after that, you know, the next twenty four to twenty

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five years Gold has outperformed everything.

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Speaker 3: Yeah, yeah, all right, Hey, it's been great having you on.

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Speaker 4: If you've got a question for Alan myself back from vacation,

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I'm rechorged. Just shoot me an email kl at Kerrie

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lets dot com. Link to Alan's site is in the

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show notes to this interview on Financial Survival.

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Speaker 3: Network dot com. Uh, just go there.

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Speaker 4: When you do, we just ask that you sign up

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for your free newsletter which will give you a lot

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00:20:10,400 --> 00:20:16,519
of this information unfiltered, unfettered, uncensored. And if you got

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00:20:16,640 --> 00:20:19,319
questions about this and just shoot the email, we'll be

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there for you.

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Speaker 3: Alan. Great to see you, talk to you soon.

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Speaker 2: Thanks Garry, thanks for listening to Carrie Letz's Financial Survival Network,

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your solution to today's trying times. For the latest, go

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00:20:31,279 --> 00:20:37,200
to Financial Survivalnetwork dot com. Financial Survival Network now more

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00:20:37,279 --> 00:20:37,799
than ever,