Speaker 1: Let me give you a market that it's ten times
more manipulated than gold silver, and that would be bitcoin. Okay.
At two weeks ago on Friday, there was a flash
crash after Donald Trump had another tariff tantrum. Add Bitcoin
wiped out five billion dollars and leveraged accounts in the
thirty minutes.
Speaker 2: You're listening to, Carrie Let's says, financial survival Network, where
you get valuable information. You just can't find anywhere else
to thrive in today's trying times. You need the Financial
Survival Network now more than ever. Go to Financial Survivalnetwork
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Speaker 3: And welcome you are listening to and walk the Financial
Survival Network. I'm your host, Carrie Lutz. We've got a
legend with us. The proprietor of three two one gold
dot com. He's been a combat pilot, he's a kind
of ferrypilot and a real insider in the resource sector
and the confirmed skeptic and the cynic when it comes
to the government. I'm talking about Robert Mariarty. Bob, it's
great to finally have you on the show. And hey,
there's so much to talk about. But in the meantime, well,
gold was trading at over four thousand dollars an ounce. Conveniently,
gold and silver get attacked. I put that in scare quotes,
and all of a sudden, gold is less than four
thousand and silver is under fifty. And then they just
happened to cut rates the other day. And this is
the story of our lives here, this manipulation. It couldn't
be any more apparent and obvious to the trained eye.
Speaker 4: Don't you agree?
Speaker 1: I'm not sure I would agree with that. Can you
name a financial market that is not manipulated?
Speaker 3: Yeah, everything is rigged. We no longer have free markets.
I think Chris Powell said, we just have manipulations.
Speaker 1: Yeah, but that's always been true. I would say commodities
broker too. And one of the things to say teach
you before you take your Series seven, it's all markets
are manipulated, and they're manipulated by everybody, and who cares
because you know that it's happening. The correction in gold
and silver was predicted by Hamilton on my website, and
Clive Maud predicted it, and I predicted it to the
a you cannot go up nine weeks in a row
and not have it correction. So this is a correction.
It's no big deal. We're probably going to retest the highs.
I don't believe the correction is over, but I while
I can see there's manipulation, I also don't care.
Speaker 3: Same here because when you're holding physical uh, you're immune
to it. But when you're in the paper market, the
synthetic metals market, then it all means something, and by
all means like, I totally agree with you. When a
market goes parabolic or attempting to, it's going to take
a hit. And then they just time the manipulation for
the prime moment of technical weakness and they pile on.
And then you see silver go down three dollars in
a day, and you know it's not natural. It's just noise, right,
the manipulation, it's just noise.
Speaker 1: Let me give you a market that it's ten times
more manipulated than gold and silver, and that would be bitcoin. Okay,
And two weeks ago on Friday, there was a flash
crash after Donald Trump had another tariff tantrum, and bitcoin
wiped out five billion dollars and leveraged accounts in the
thirty minutes. Now that there are some things that are
so dangerous to do, And I get lots of people
telling me, I don't know what I'm talking about bitcoin,
but it's easily the most dangerous market I've ever seen,
because you can get a ten or twenty percent move
in a day, and anyone who has a leverage possession
in golden silver is being foolish, and anyone who has
a leverage position in the cryptocurrencies is going to get
wiped out. That the manipulation there is one hundred percent.
I look at the cryptocurrencies as ninety eight percent speculation
and two percent utility, And I know there's a lot
of guys who think it's the cat's whiskers, but it's
the most dangerous market that I've ever seen. And you
raised a really good point. Holding physical gold, physical silver,
you just have total safety and it doesn't make any
difference what the price is.
Speaker 3: Yeah, well, before silver started taking off, when it hit
thirty two bucks, I knew that was the hell of
Lujah time. But at the same time, I'm going on eBay,
and you know, like you do have to be careful
of fake product on eBay, But when you get the
right sellers and their coin shops not going to happen,
And you are still able to buy like forty percent
to Kennedy half dollars, and even ninety percent you were
able to buy it under milt value. Anytime you could
buy under melt value, you're kind of crazy not to
buy it right.
Speaker 1: Well, strange enough, I'm a contraria, and I deliberately called
the top in silver to the day in January twenty first,
nineteen to eighty, and people were paying a fortune for silverbacks,
and I called the bottom of silver. The bottom took
place in November of two thousand and one, gold bottom
in nineteen ninety nine. At like two fifty two fifty
three in nineteen ninety nine, nineteen, two thousand and two
thousand and one, you could buy war nickels that have
a gram and a half silver per nickel. You could
buy them at a discount. You could buy the forty
percent Kennedy half dollars at a discount, you could buy
the ninety percent pre sixty five coins at a discount.
And strange enough, I happen to think that's a really
good way to advist because it's portable, it's legal, and
it's you know, a ten set coin. God, I don't
even know what it's worked out. A ten set coin.
It's probably worth two and a half three.
Speaker 3: Dollars around there. Yeah, like a basically I've worked on this.
The formula is, for one dollar of face value, you
take the spot price of silver, you multiply it times
point seven one five, and that will give you your
silver milt value. There's additional milt in a coin, copper, nickel, whatever, zinc,
but you don't get paid for that.
Speaker 4: You get paid for the silver.
Speaker 3: So and then if you want to figure out the
forty percent, you just multiply that number that you come
up with zero point four to one, and then you'll
come up with forty percent silver content. And I was
I bought them back after the crash in the nine
when silver and gold really bottomed. I was buying those
those forty percent Kennedy half dollars at ten percent under milt.
And now they're worth the six times what they were then.
You know, for the dollar's worth of forty percent are
worth about fourteen dollars. So it's just funny the way
that markets can even misprice things that have real value.
And there's bargains, but now everything is trading at premium
on eBay, and that was also an indication that the
market was getting toppy, right, Benjamin Grant that absolutely.
Speaker 1: I followed the daily sentiment indicator, and it's the single
most valuable indicator sentiment that I've ever found. But there's
one hundred different indications of sentiment. And the premium or
the discount for ninety percent silver, it's an excellent measure. Now,
if you go to twenty twenty, when we had the
crash in silvery Bolt, you could actually buy the silver
ETF at an eight percent discount, so silver physical silver
got down to about twelve bucks, but you could buy
the ETF at the equivalent of eleven dollars an ounce.
And I looked at it and said, this is like,
that's a lotity. So I bought a bunch of the
ETF and in six months physical silver went from twelve
dollars an ounce to thirty dollars anounce. That's a one
hundred and fifty percent increase in six months. So this
latest move was a good move, But the move in
twenty twenty was even higher in percentage.
Speaker 3: Termed YEA, so Eric s brought says three hundred dollars silver,
and now he's saying even higher. I mean, obviously, in
terms of what's happening to the currency, the silver is
worth whatever it's worth, But then you get the demand
and for something of real value, and that makes it
go up way more than even the rate they're debasing
the dollar.
Speaker 4: Right.
Speaker 1: Well, the interesting thing about gold is I was buying
goals in nineteenth sixty six and nineteenth sixty seven for
thirty five dollars and ounce. When it went to forty
four hundred, that was a one hundred and twenty five
times increase. Now I make the argument, and it's in
my books, if you compare the price of gold to
houses or trophy wives, or loafs of bread, gaslane or automobiles.
For something to go up one hundred and twenty fivefold,
it's absolutely extraordinary. But I think that what's happening now
is a retreat from paper assets, and that is going
to be world changing, and there's going to be a
giant shift in economic power from the debtmate system of
the West to the resource based system of the global
South and the global East. So we're in for the
biggest financial change at five hundred years and very few
people see it. And I'd always argue that the purpose
for physical gold and silver is an insurance polypsy against
financial chaos, and you could certainly see it. How the
stock market can maintain its absurd valuation is simply beyond me.
But it does.
Speaker 4: Yeah, yep, it certainly does.
Speaker 3: And according to our good friend Martin Armstrong, it's going
to sixty two thousand by twenty thirty two.
Speaker 4: I think he said sixty two or sixty five. I
don't know.
Speaker 3: It's in the book that I wrote with him, The World.
According to Martin Armstrong, the update is coming out.
Speaker 4: You're gonna love the update, Bob.
Speaker 3: I'm going to send you a copy, a signed copy,
which is basically called the Armstrong Economic Code five, the
five truths investors must never forget.
Speaker 1: So I'm not going to have time to read it.
I've got another book that I'm reading right now.
Speaker 3: Oh okay, what's that? Ah Hey, that looks familiar. I've
seen that book. I got one of them, two.
Speaker 1: But I'll straighten it off. I got I got two
of them today. And Martin Armstrong's an interesting guy because
his how he comes to the conclusions he does is
unlike anyone else I know. He is in a class
of his own, and he makes some remarkable predictions. But
his prediction on Warran scared me.
Speaker 3: Same here he basically said, Ukraine's going to disappear, Europe
wants World War three, Europe's in a protracted state of decline,
and the neocons are running the asylum. And you know,
Martin Armstrong, most amazing person I've interviewed, besides you, of course,
because when I first found out about him, Jim Sinclair
was smuggling his newsletters out of jail. And I'm reading
this and it's written, you know, it's on a like
a written on an IBM Selectric typewriter, and he's got
hand drawn charts and like, I never encountered anything like
it before, and I, frankly I didn't know understand it.
I thought it was fairly smart, but I realize I
had no idea my understanding of the world, the economic world,
until I started reading his work. And you know, the
amazing thing, pop is they did everything they could to
destroy the guy.
Speaker 4: He gets out of jail, he's not bitter at all.
Speaker 3: All of his old clients I presume, have retained him again.
He can't run a hedge fund because he's got a record,
But he doesn't even need to. He's basically a consultant
to everybody. Probably the most of the world's billionaires won't
admit it. I'm sure he's got to sign NDAs, but
he's in consultant as sovereign wealth funds, central banks, huge companies,
and it's agnostic. It doesn't matter if they're in China,
or they're in Saudi Arabia or in the United States
or wherever. You know, they all come to him in
the end. So he's been vindicated. The only thing that's missing.
I would love to see President Trump pardon the guy.
Speaker 1: Well, here's what's interesting. He's actually a consultant to Trump.
Speaker 4: I know I'm not allowed to say that, though.
Speaker 1: Yeah. Well the instinct thing is I believe if anybody
deserves pardon, it would absolutely be Martin Armstrong. He has
contributed a lot, and he's brilliant in his own way.
Now I don't agree with one hundred percent. I mean
he says, but I don't believe one hundred percent of
what I say.
Speaker 4: Yeah, hey, isn't that the truth?
Speaker 3: Like he's believing everything you say, then you are making
a big mistake because we're wrong all the time. That's
our human nature is to be wrong and then acknowledge
our errors, learn from them, and move on. But two
thirds of population never wants to admit they're wrong about anything.
Speaker 1: Bob, Well, the really instinct thing is if someone makes
a mistake, makes a prediction and it doesn't come true,
that's not a measure of that person being a fraud.
It's a measure of that person being human. Now, I
absolutely was convinced that we were going to have something
major happen by the end of October, and I've said
that several times in interviews. And the good news is
I've still got one day.
Speaker 4: And it's Halloween too. One more Ye, it's Halloween, right.
Speaker 3: It's the human condition, you know, And it's the proof
that God has, if there is a God, whether you
believe it or not, has a sense of humor, that
it programs us to do all these things. Let me
ask you a question, Bob Blake. You're a student of
humanity here, what's your take on AI.
Speaker 1: Well, first of all, it's like rare Earth elements. The
name is a misnomer. It is not artificial intelligence. It
is pattern recognition, and there's a giant difference between pattern
recognition and artificial intelligence. It has some giant flaws. It
scares me because it's something that could easily be misused,
and I think it is being so I will tell
anyone watching this, you can go to YouTube right now
and half the videos that are up produced by AI,
and some of them are absolute nonsense, And whoever made
the videos knows their nonsense, and they're feeding crap to us.
So it's scary because it looks very realistic and a
lot of people will buy into it. It's very, very
difficult right now to figure out what's truly happening because
the government and the mainstream media lies about everything. I
just did an interview and somebody said, what's the first
thing you do when you go on the internet, And
I said, well, I go to CNN. And he said,
wait a minute. You think that the mainstream media is
always lying? And I said, they are always lying, but
I want to see what it is they're saying, because
I know that's the opposite of the truth. Up. We
live in a precarious time, certainly financially. If you see
what's going on, you need to go back, and you
need to pick up a copy of Decline and Fall
of the Roman Empire. The Western death base system is collapsing,
the American Empire is collapsing. The amount of corruption is
just absolutely staggering, and we are being lied to at
every end, and I think that's a good chance. I
have sent you some articles about Robert F. Kennedy at vaccines,
and as cynical as I am, I totally missed it.
But there was a study done by the henry Ford
Institute or henry Ford Hospital, and they've studied thousands of
people vaccines, and the conclusions they came to was that vaccines,
these seventy three vaccines that American kids have to go through,
are exceptionally dangerous and they are why the American society
is so sick physically. When Robert F. Kennedy started looking
into it, he went to the CDC and the FDA
and he said, I want to see the records of
the safety trial on these vaccines. They essentially said we'll
get back to you later. They finally said, we never
did any safety studies. Clearly, you could see it with COVID,
you could see it with these so called vaccines. It
was a bio weapons program. It was designed to kill
as many people as possible. Had to take control the vaccines.
You're doing the same thing. We are a six society
physically because kids are being given shots that they have
absolutely no need for. But the pharmaceutical industry controls the government.
Speaker 4: Yeah.
Speaker 3: Well, the hepatitis BE vaccine. The only time that is
required for an infant is if the mother was an
IVY drug user. Otherwise an infant has no chance of
getting hepatitis B. This isn't my findings. These are doctors
that have said it, and I couldn't agree with you more.
But you know the other thing, Bob, is our food
supply is completely contaminated. I mean, you know in the
United States, even the so called organic foods, you got
to really question. You go to Europe and you have
a piece of bread, and man, that thing is like
a full meal. It's delicious, has this flavor, and you
don't get fat from it. In the United States, it's
like the worst thing you can eat sometimes.
Speaker 1: Well, strange enough, do you know technically why that's true.
Speaker 3: Well, it's because of fertilizers, I assume, and pesticides.
Speaker 1: They have changed the wheat.
Speaker 4: Yeah, that's going to say, could do.
Speaker 1: The same thing that the MSG does. MSG makes you hungry.
So when you're eating Chinese food and they put MSG
in it, it is designed to make you eat more
and exactly the same thing. It's true, it's wheat. They've
introduced up jeans that make you want to eat more. Statistically,
I think sixty percent of Hispanics born to will die
of diabetes. And it's because of the wheat. Okay, And
that's that's simply. And I live in Europe and the
really strange thing is I can go to bakery, I
can buy a bag out for one year ten cents.
I get to eat it for two days, and then
it's rock hard and it goes bad and it's got uh,
nothing but wheat and water yeast in it. If you
look at the ingredients and all of the products in
the United States, it is absolutely disgusting. The crap Americans
should be fed. And interestingly enough, Robert F. Kennedy has
make America healthy again, and the pharmaceutical industry does everything
they can to make him look bad.
Speaker 4: Oh yeah, it's a real syop. And yeah there were things.
Speaker 3: Definitely, pharmaceutical industry it's earlier years did right, but now
so many of these drugs, like the trials all questionable,
but I think a lot of people waking up to it.
And like the saying in the US is when you
go to a supermarket, you don't go to the inner aisles.
You go around the periphery of the supermarket because that's
where the whole foods are, and you stay away from
the inside because ultra processed food the worst thing in
the world. And you know, like when we were kids
growing up, we'd have junk food, but.
Speaker 4: A it tasted better. I always say, the.
Speaker 3: You know, b it was like there was no GMOs,
there was no chemicals in it. And I always say, now,
the first biohacked food was the barbecued potato chip because
it had salt, vinegar and sugar and the crunch. And
basically they learned from that that you could just get
people to keep eating and shut off all signals that
you're full society sits right right, shut them off and
that I bet you can't eat just one was the
beginning of a movement. But I think we're we're going
against it now and the more people are kind of
waking up to this. I know I did a few
years ago.
Speaker 1: What what Robert Kennedy is doing is truly historic, okay
and heroic, and I absolutely salute him for the app
I hope for a lot more out of President Kennedy,
President Trump that we've actually gotten. But Robert F. Kennedy
is doing something that's wonderful for American health. And I
had no idea until us Henry Ford study came out
how how dangerous the values were and the fact that
they're required. And somebody showed me a number. If you
can get approved by the FDA CDC for a vaccine
that's worth a billion dollars a year, and the god
you have literally sold their soul to make more of money.
At that's scene.
Speaker 4: Here this was a picture that I took when I
was in d C.
Speaker 3: I was lobbying against algorithmic suppression by the big tech platforms.
And uh, that's the uh. I guess that's HHS building.
And he put a mural on it and it says, MAHA,
make America healthy again. And here it says real food,
real people, real health.
Speaker 4: MAHA.
Speaker 1: See that and absolutely amazing. If you're correct, Europeans would
not eat the crap that Americans are forced to eat.
Speaker 4: Yep.
Speaker 3: And he eliminated the petroleum based dies in food. Basically,
it might not be gone yet, but he gave him
a brief amount of time, and there wasn't one lobbyist
nobody who came out and said, no, we need them,
it's good for people. And you know, that's just the start.
I think, Look, Bob, we've got a situation where the
doge thing that's gone. Perhaps I don't think it's really gone,
but what they planned to do is get rid of
half of the federal regulations by January. That's the aim.
They're basically just going to cancel them out. Hopefully the
diet stuff that allows them to put all this crap
into our food and into our bodies. Hopefully those regulations
are going to fall by the wayside, because you know,
we are the most unhealthy country in the world. And
you could just go to a shopping center, a mall,
or a casino or any place where people gather and
you see the physical state of people and it's depressing.
Speaker 1: Well, if you ever lie through Atlanta, many times you
will think you're the San Diego Zoo because there's more
hippos running around. If you watch the movie, he super
sizes me. Okay, yeah, sure, that was an absolute classic.
And the theme of Supersize Me was a guy who
was going to eat nothing but McDonald's for an entire month.
F it's lunch and dinner. And if they ask him
if he wanted supermicide that he would have to say it.
He was doing this in Houston, and supercise French fries
is a pound of French fries. Oh. He was going
through regular physical examinations and every one of the doctors said,
you got to cut that shit out. This stuff will
kill you.
Speaker 4: You're going to die.
Speaker 1: You know, every indication, your blood pressure, your weight, everything
is saying it's going to kill you. You can't continue.
Speaker 4: This for a month.
Speaker 1: And it took him six months or a year to
recover back to what it was. And that's some food
that Americans eat daily.
Speaker 3: No, that's not food. I call that what passes for food.
What they're giving us, the telling us is food is
not food, all right, It's some food kitchen conglomeration that
is designed to hack your brain and get you to
eat more than you otherwise would and adversely impact your health.
That's what passes for food, all fast food. Although I
will say, like certain ones, I don't really do fast food,
but certain ones when they have meat sandwiches, I'll toss
the bread, put my own bread on it, and I'll
eat it. So really appreciate your coming on. You find
Bob's work over at three two one gold dot com.
That really is the go to place for our sector,
for people that care about value, about things that really
matter about investing and everything else. Appreciate you coming on.
We will definitely talk to you again soon. And I
can't thank you enough for everything you've done for me
for posting my articles over the years. It really makes
a difference.
Speaker 1: Well, actually, and I'm glad that you brought that up.
When Bourbon and I started three to one goal dot cop,
we'd find our goal as to help the industry, and
I will support anyone who has a reasonable point of view.
Nobody has to agree with me. And our readers have
found your work and you get some very brilliant people
to interview, and actually it's quite an honor to be
interviewed by you.
Speaker 3: Well, I appreciate that. Well, if I wasn't suppressed by
big tech for the past thirteen years, my show would
be like probably thirty or forty times bigger. When I
put it in to Google's Gemini ask them why Financial
Survival Network is being suppressed. The first thing it said was,
I'm borderline. That's how they classify it. That I'm an
advocate of Austrian economics and I encourage people to buy
gold and silver as part of their investment strategy. That's
what makes me borderline. So I guess it's a badge
of honor. But right now I am in the process
of putting together a lawsuit against a certain large tech
company that I won't name because they'll just censor this,
and it's going to be filed in the next couple
of weeks and then the funnel begin. So I'm representing myself.
I call myself America's top recovering attorney. Thirty five forty
years of it, I had enough, and I've been doing
this for fifteen years and there's nothing else I'd rather
be doing because I get to talk to people like
you who who don't buy into the syop. It's all
a big syop, and you know, we're all part of it.
Sometimes we get sucked in. Sometimes we can escape it.
But it's going on all around us.
Speaker 4: Bob.
Speaker 1: Some battles are worth fighting. And that's what's all predicted
in the book Forth Turning, and I highly advise people
to read the book because it predicted exactly what's happening today.
And I believe at the end of the day will
be Okay. Now what form the United States exists in then,
I don't know, but I know there's a gigantic shift,
a five hundred year shift in economic power.
Speaker 3: Yeah, no doubt, no doubt. I think there's a decentralization
trend coming. And once the shift comes about, nobody will
trust paper money, Fiat money, nobody will trust government. That's
one of Martin's five truths that investors must always remember,
is that governments lie, but markets don't.
Speaker 1: That's a good point, excellent point.
Speaker 3: So hey, well keep your eyes open. I will shoot
you out of book The Armstrong Economic Code. Appreciate everything
you did. A shout out to your trustee assistant there, Samara.
She's been amazing and a pleasure to work with all
these years.
Speaker 4: And thank you to you.
Speaker 1: Okay, thank you anytime.
Speaker 2: Thanks for listening to carry Letz's Financial Survival Network, your
solution to today's trying times. For the latest, go to
Financial Survivalnetwork dot com. Financial survival Network now more than
ever