MarkZ (Uncut) 02-13-2025
Coffee with MarkZ and Andy Schectman. 02/13/2025
I should open it. Yep. And he said, let there be light, right? MJ, it’s good to see you.
How Chicago? Hello, Joe. Hello. We know God wins.
Diana hurts. Hello, turd and melt of Hess. Vegas.
Good to see you in the house along with Katja. Cowboy. Jeff Friese.
Big first birthday to Elias Hayes this morning. Happy hound. Good to see you.
Hello, dink. Happy hound. Send a massage therapist.
I’m sore. Hello, PGH. Hello, Ms. Ellen.
Hello, Bubba Kate and Gravity Warp Drive. Let me stay focused. We will get some Q&A time today before we get Andy because he’s joining a little bit late.
So you might get tired of me before the evening’s over. After an extremely warm summer of 2024, the saw a spike in power bills. Now households are seeing the same problem with heating bills.
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Congratulations. Ted, good to see you in the house. Hello, Sculpturo.
Hello, Tammy. Let’s see, my daughter Jasmine enjoyed the greetings. Now 28,000 people know it was my birthday.
Yep, and it was worth celebrating, too. Hello, Danny. See that one.
Morning, brother. Will you be able to divulge the payments to satisfy the prosperity? Let’s see, not certain I understand what we’re putting down here. Hold on.
Will you be able to divulge the payments to satisfy the prosperity? Oh, any truth to liquidation accounts to pay? All right, let’s back up here, Ed, because you weren’t with us last night or you wouldn’t have spent the super chat. Thank you, by the way. Wonderful.
We are hearing many of those same CMKX rumors. I was pointing out last night that we’re kind of like the dogs in 101 Dalmatians. When it comes to CMKX, we all start barking.
When there’s any movement, I have not been able to confirm with a plethora of CMKX anybody receiving dollars yet. We have heard from some folks that claim to be connected to trustees are saying, absolutely, the money is put in place. They have their updates and should be distributing soon.
Don’t know where to go on that one. Pass that one. When it is time and they start meeting anybody on prosperity, yeah, I’m going to scream like a stuck pig because got so many contacts in predominantly Omega, but also Heritage and some of the other prosperity and freedom, some of the other ones as well.
Plus, we have two of the original farm claim holders. Many farm claim holders are two of the original, and that’s a handful. So that’s pretty solid.
Rob J., love your ex-foes. They hate Rob, really. It is so much fun just to give them logic.
Grumpy Whiskey and Wisdom last night, it was hilarious. Phil McConnell was in rare form. We did pull it down off YouTube because, well, we wouldn’t be on YouTube anymore if we didn’t, but it is up on Rumble.
You can find it on Rumble. Common sense and logic, 17 Papa Bear. That’s what we got to run with.
Field is definitely a hoot. Birthday, February turning what? Any chances? Happy birthday, Jay and Amy, although I rather suspect it’s Jay’s birthday and not Amy’s birthday, but you straighten me out if I somehow have it confused. Let me say more thank yous, Drammy, and thank you for the super sticker.
Kind of, yeah. Let’s see, sixth birthday for Harper today to go with Elias Hayes and Jay. Feels like this every week on Jenny’s show.
Matthew, hey, don’t feel bad. We’re all pretty salty, but salty and in a good mood. Hopeful, but salty.
We’re kind of like sweet and sour today. Let’s see. Today’s a big day for our family.
Today’s our youngest daughter’s 12th birthday and mine and my wife’s 26th anniversary. Happy birthday to your youngest daughter and happy anniversary, OptiPrime, to you all. Marlo’s even celebrating a birthday.
Yeah, Bobo. Field doesn’t pull the punches, does he? Does not pull the punches. Let’s see.
Developing classic atmospheric rivers barreling into California tonight will be the strongest storm of the entire winter statewide. Kick you while you can, right? That’s what they do to you, unfortunately. Julianne, that is fantastic and you are welcome.
Looks like Frankie is celebrating a birthday as well. Hola, Miss LSU. Cash me outside.
- Herbie, that’s too funny. Cash Patel. After the vote, he’s going to be, cash me outside.
That’s great. You have not missed anything fun, Tennessee nurse. Trump conference at one.
Hopefully we’ll get something big. Let’s see. Carl, good morning.
Will there be a second basket? I do believe there will be a second basket. What I am watching right now, well, one, I’m watching a handful that could be in the first, might not be in the first. We’re talking about like Iranian currency, et cetera, on that one.
But what I’m mostly watching in the second round is going to be the central and north, northern and, well, CIFAs, central African currencies. There’s two different CIFAs. Both of them are very similar.
Both of them alike because that is one of the richest, wealthiest mineral locations in the world. So they’re going to have plenty to back it. Also like Mongolia, Afghanistan in the second one.
But we’ll talk about all that. There’ll be plenty of time. You’re not going to miss the boat on any of it.
Marcy, has anybody heard an update? My last update was RFK Jr. was a go. Has anybody seen something to substantiate that, that he was expected to win by three votes, 53 to 47 in the Senate? And of course, we did get toll seat confirmed. For some reason, I think cash was supposed to be today but might possibly be stalled until tomorrow.
That’s, don’t ask me why I’ve read so much that I’m just a little bit of congestion going on in the brain. Roxanne doing the birthday as well. Happy birthday to your sister, Roxanne.
Oh, hey, Ray, check this one out. 20th grandchild, a son to be born about 530 today, name pending his arrival, to be determined by his personality upon arrival. I can’t wait to see what he has to say about it, Ray.
Congratulations. Oh, wait, wait, wait. I’m from Tennessee.
It’s where LSU plays baseball, the T’s for trouble. Now that checks out. Yeah, you guys go right ahead and still cash me outside.
That was epic funny. Well, well played. Love the sense of humor in here.
Bernhard, I like that one with a name like cash. You should have been nominated for treasury secretary. Secretary cash.
That’s great. All right, let’s see. No, I do not have an update on Rod.
Rod, if you are watching or listening, please send us an update so that I can share them. And it is 1110. Let’s get to it.
Yeah, Denise, I’m with you. Well, I love chatting about that second basket. Let’s get the first one knocked out first.
I am with you on that one. Let’s hit news time banner. One of you guys shared this one with me and I’m going to share it.
I’ve not had the opportunity to do a deep dive to found that to find if it is officially attached to Doge or not. But there is a website out there for tracking the savings of Doge. I’ve not done any deep dive to find out who owns the site, if it’s Elon and crew, if it’s the Doge crew or not.
But overview, 506 days until July 4th, 2026. Not certain why they put that in there. But so far, taxpayer dollars saved are sitting at $37.89 billion.
And they continue to update it, take predictions on the Polly market, leaderboard, which group has had the most saved so far. Of course, the biggest is the early buyout program that Trump has put together, which has already saved $30 billion of that, which is just huge, huge numbers. And there have been so many wins in court.
You guys tired of winning yet? All right, let’s keep going. Let’s get into actual news that we can track, we can touch. The presidency of the Republic approves the controversial laws.
This has been a bit of a sideshow going on in Iraq, which has kept them from being able to pay complete attention to the most important things. Well, to us anyways, those financial reforms, budget articles, article 12, HCL, et cetera. Now off the, how do I put that one? Off the table, finished, done, finito.
President of the Republic ratified laws amending personal status, general amnesty, and the restitution of real estate to its owners. This has been a big stickling point that they now have out of the way. Let’s move forward.
Rashid Banks’ capital jumps from $2 billion to 50. What are the compelling reasons? Does timing have a relationship? Of course, it does. You know what that is? The bank has shown that it can be extremely, well, it can be trusted with capital, has done a good job transforming.
And then they’ve got an important one. This is underlying subject in almost all the banking stories overnight and this morning in Iraq, is they’re telling us that they’re moving to what they call the third part, the third and final part of their reforms, finishing, updating the banking system and governmental structures. Now, why is this important? Because when they gave us their white papers, when Sudani came on board and we saw what they wanted to do, and he told us he wanted to raise the purchasing power of all Iraqis, and that would be in the final third stage.
Here we go. They’re telling us throughout many different articles that they have now moved on to the third stage, and they will be completing the third stage over the coming months. So I thought that was just a fantastic one.
Specialists in Banking Affairs, this increased beginning of a restructuring of banks, especially Rafidain and Rashid Banks. We’re talking about government, partially government-owned banks. So it’s very important.
And make them at a level that meets the ambition of the current stage and be at the level of development, the level of need for the Iraqi economy. This one’s the big one, restructuring. This is part of what they told us in their white papers, so that they could lift the purchasing power of all Iraqis.
Yeah, that’s that same time, guys, that he was telling us that he was going to make it the father of the dollar again. He was going to restore it to its former glory as the most valuable currency in the world. Yeah, those things.
That’s what we’re watching right now, are those reforms. I’m pretty excited about what we’re watching. Here we go again.
Positive results of government reforms. Getting rid of the anti-laundering capabilities. Cleaning up.
Cleaning up, strengthen the banking sector so that we can move forward with that third stage. I mean, over and over and over, you’re going to see it in the stories. Government efforts to stop.
Oh no, I love this one. Basic economics, and they certainly seem to have a better grasp of it than we do. Or should I say, their government has a better grasp than our government has until recently.
Government efforts to stop import hemorrhage and revive the economy. At a time when import products are escalating into domestic markets, dependence on non-essential imports is emerging as a dilemma. All right, let’s just get to it, because there is a good quote in here.
He’s pointing out that if you import all of these things, you are bleeding and stealing from the people that you should produce in your own country as many goods as you can. Looking for, he had a good one in here. Ah, let’s see.
Economist warns that the continued import of industrial products that can be manufactured locally will weaken the national industry and increase unemployment. Duh, duh, duh. The left obviously doesn’t understand this, especially here in the states, because they are perfectly okay with global, global, global, global, global.
When you take out of your own economy what you could do nearly as well, as well, or better than, you are robbing your own people if you are not purchasing it within your country. In other words, eat local when you can. Buy local when you can.
Economists in Iraq seem to understand it. I think they went to the Austrian School of Economics. I don’t think they went to the Wizard of Oz School of Modern Economic Theory.
Absolutely love it. Common sense every time you turn around. Iraq is financially stable and does not need aid.
Just pointing this out, the Director of Middle East and Central Asia at the International Monetary Fund, Jihad Azhar, stressed that Iraq doesn’t need financial assistance such as that provided to fragile countries because it doesn’t suffer from a deficit in the balanced financing. In other words, we’re good. We’re the ones that help other countries now.
Maybe in the past we needed it, but we are safe and stable. Why do I keep pointing this one out? Because Shabibi always said, give me safe and stable and I will give you a new dinar. Loving what we’re watching.
All right, let me turn off that banner. We’ve got a few that I should probably wait until Andy, I’ll just briefly touch on them. And then we’ll put them in our pocket until he joins us.
See, 107 said he thought arrest would start 30 to 45 days after the inauguration. So basically by March 15th, hey, look, puts us a month away. I’m happy.
Victoria’s birthday. We’ll put Victoria in the list. Buddy, send me an email addressed to him and I will forward it to Field.
Make certain you include your contact information for the two of you and I will get it to him. He doesn’t want me handing out his email address or I would just be handing it to you. So I’m just going to put it in his court.
Send me an email. Don’t tell me everything you want to tell him. Tell him in the email and I will forward it to him.
Hulk, no, I’m talking about, well, we talked about the chatter from last night, Hulk, but no fresh chatter since yesterday evening on the bond and banking side. Guardian, is this our, so is it next week? I don’t think it’s this week, although we have seen a lot of progress. I do believe that money is very much in place and ready to go because I can tell you that based on what they will tell me and won’t tell me, I very much believe that we are in process.
If I had to make a guess, yeah, probably next week. If I had to make a guess. Yeah, Joe Halt, no, dear God, no.
Iwana Simon was talking about arrests. Nobody’s talking about anything being delayed or whatever or not happening until March 15th. Jeff, you should not have a problem.
I was told that they will give you a portion like day one, but maybe not all of it until you have proof of address. In other words, so that you have money to go square that away because some people are homeless or couch surfing or staying with family. They don’t really have their own real address.
Parliamentary Finance Committee expects to send budget tables next week, yeah, delayed by amendments and changes in values and the values for producing oil. We keep hearing, Greg, I keep hearing that they will be presented on Sunday. It’s running so fast, I can’t even keep up.
So, let’s just have a little fun, do a few more articles and we’ll go back to some questions. Bank of Scotland set to close more than 20 branches. Check to see if you are affected.
New system, you’re not going to need as many branches. At the same time, people don’t need the banks like they used to. There’s going to be a lot of bank closures throughout this process.
Part of it’s technology, part of it’s mismanagement. Just keep an eye on it. It’s one of those you want to pay attention, but you don’t want to go, oh crap.
Massive amount of physical gold moved from London to Comex. It is going to be an exciting one. If you guys did not join Whiskey and Wisdom last night, you missed a one heck of a final hour.
We pretty much went two hours last night. The first hour, Phil McConnell, I thought we were wrapping up saying goodbye to Phil and then Andy popped in the room. So, we kept going.
Got a lot covered and Andy has some bombshells for metals to drop this morning when he joins. Expected to join around 11th off the hour, 30 minutes or so. I’m really excited about it.
I’m going too fast. We’re going to have to slow down. Gold and silver flooding into U.S. warehouses.
At rates not seen since the pandemic years for emerging markets, central bank hoarding have likely created a shortage of physical metal in the West. But another less probable theory is that the U.S. is preparing to revalue its gold reserves, presently valued at $42 an ounce. Guys, I did some basic math and that quick math would show us dropping our national debt deficit down to about $500 billion.
Something that can be knocked out. In other words, we could have a balanced budget by revaluing gold to its market value. Guys, this is not voodoo economics.
This is not some clever ploy. This is not some bullshit crap where they take a copper coin and say it’s worth $40 trillion in payoff debt when it’s not. This is based on real market values of metals in today’s market.
This is sound economics and common sense. We first saw them float this one in house resolution 25 at 2025 or something like that. They’re talking about the change in the banking system and revaluing the gold.
Guys, it is playing out. You’re watching it. I mean, straight out of the Nasser Jasser playbook.
Whether it’s Nasser Jasser, I don’t know what to tell you, but straight out of the playbook. Mary Ann, I’m glad you enjoyed it. We certainly did too.
And when that happens, guys, you will probably see a collapse of all the paper, the GLD, SLD, SOE. You’re probably going to see a collapse of those and derivatives. I mean, he is, I think you’re going to see it.
And I’m glad I’m not the only person that is noticing it. U.S. are preparing to revalue its gold reserves. Buckle up.
If you can still get or move, well, it’s not financial advice. I was just going to say, you know, you’re smart. You can still move your 401k, your retirement, whatever.
It’s a good time for metals. Andy and the guys can help you. We’ll talk about that some when he comes on for anybody that can.
I think we’re about to see a historic opportunity. I could be wrong. This is for entertainment and education only.
I’m not a investment professional. In other words, I didn’t go pay for their license. Tariffs in China will set the geopolitical stage for Trump.
Modi meeting analysts say, I’m finding some things very interesting in who is where. Right now, we’re being told Sudan is in Prague. One of his top assistants or deputies is at the U.N. in New York.
And now we’ve got Trump sitting down with Modi. Let’s thank BRICS. Let’s thank World Court.
And let’s thank U.N. for monetary value change. So we’re talking World Court, U.N. I mean, it just it couldn’t get I mean, look, pretty much everybody’s where they should be to make something move. I’m pretty upbeat.
I’m enjoying watching the geopolitical moves right now. They’re going to meet this week. They’re going to talk about relations, trade, peace, you name it.
Currencies, imports, exports and keeping the friendly relations that we have with India. These two guys, these two did get along very well on a personal level, which is important. When you talk about world leaders, you can get a lot done, even if they may disagree on policies.
If they feel like they can trust each other from a character standpoint, then they can make great progress. And this one, I think, is going to be a very important relationship. Scuba scores.
I like Modi. I’m with you. Scuba scores.
He seems like a top notch guy and a very, very deep thinker, one that thinks through the all the layers of a decision, which is important. And speaking of just what we were talking about, the Kremlin confirms Putin-Trump summit on the way, as Zelensky warns against cutting Ukrainians out. Alessandra, I’m sitting at about an 80 percent.
What? Mika’s 14 today. It is a miracle and it is a blessing. The stream’s own Mika, that is just, didn’t think she was going to be here at all.
And then to have a 14th birthday and to be doing so well, it is, that’s a worthy praise report right there. Lee, thanks for pointing that out to me. I’m reading a few of these folks.
Shet-Depaul, that’s exactly, you’re watching it happen. All right, let’s get back to Putin. And they do respect each other, guys.
They may not agree politically on many, many things, but they do respect each other. And this is important. You’re going to cut deals, make deals, bring peace, sit at a table.
It certainly helps if you have trust and respect in the person sitting across from you to uphold their part. Changes a tremendous amount about negotiations. Putin had zero respect for Biden and Biden was very antagonistic.
I mean, yeah, Biden’s mouth put him in more trouble than Trump’s mouth puts him in. Everybody talks about on the left or the globalists or even independents, oh my God, if it just weren’t for Trump’s obnoxious whatever, if he didn’t just say these things that he says, they could support him. They like what he’s doing.
Were they not paying attention to the things Biden was saying, the names he was calling other world leaders that he needed to sit down with? Is Trump loud? A bit of a braggart? Controversial? Yes, but he wasn’t an idiot like the former president appeared to be. Some of the things that slipped out of his mouth damned the foreign policy of the United States. So all right, back to this one.
So yeah, we’re going to sit down. Yes, we are already in negotiations. Yes, talks have started talking.
Zelensky, question election is not an issue at the moment. It’s really nice that Trump called. It’s not really not very nice that Trump called Putin.
In other words, guys, right now Zelensky is the kid at the grocery store, pitching a fit on the floor, pounding the floor and thrashing right now. He’s having a wine fest and somebody needs to bring cheese and crackers because the grownups have sat down and he feels left out. I say that and it seems funny and I know that people are dying and that’s kind of my point.
He’s going to pitch a fit and thrash around on the floor and go, but, but, but, but, but. Meanwhile, people are dying while he pitches a fit, which has been happening for a couple of years now. Real people dying because of his absolute unwillingness to sit down across from somebody, look them in the eyes and make a reasonable, rational deal.
That was an enormous one, Helen Ryan. Thank you. Thank you.
Thank you. I don’t know how I missed that one when I was going through everybody else’s, but thank you. Let’s see.
Jericho, I have a boy turning three on Saturday. He’s always asked. Oh, his name is Brock.
Jericho, you’ve got to keep reminding us between now and Saturday so that we can make it special for Brock. I see Jeff Pickerel being the big seven zero today. Let me make certain I get this one included.
I don’t want to mess up the Brock one. I’m going to make myself a note for Saturday. Bear with me, guys.
I fired my secretary. Oh wait, I’m the secretary. All right, now back at you.
UN saying world financial system’s unfair and outdated sounds like right. I mean, they’re not wrong. But when we talk about fairness and we talk about equity, we need to talk about equitable outcomes for equal effort.
In other words, we don’t just split it all up. It is merit based. It is one of those you have to work for, but you also have to be given the genuine opportunity to work for it and keep the fruits of your own labor.
Yeah, I think they would like a little. He would like a little cheese with that wine. A little worried it might like a few summer sausages to go with it, too.
How many emojis are allowed in YouTube? And once we get started to maybe three before we actually start and go live, they can have all they want. I don’t care. Ellen, I wouldn’t take that deal.
I said I have a friend going to Reno to exchange with the admiral to charge him 30 percent won’t be in the room to exchange your thoughts. Well, it depends. Is he doing it with another group? In other words, is there somebody aggregating their currency? Then if so, then that means he has a representative in the room.
I’ve been told over and over that our rates are going to be equal to that, the to what we take home, but that the admirals group has a deal cut with. And guys, the truth of this is out there. We don’t know how accurate.
But what I’ve been told repeatedly is they do have a deal where they are going to be able to make a larger portion for it. But that larger portion is going towards the wounded warriors project. In other words, the take home for the person exchanging with them is the same thing as the take home for the rest of us exchanging.
So what you take home doesn’t change, that their deal gets more money for charity on top of. That’s what I was told. Seems to make sense to me until we have real solid history to tell us what is right and what is wrong.
I’m going to leave it right there. Deputy Dan Fubar, my hubby had a 75th birthday yesterday. Well, happy belated birthday, Deputy Dan Fubars.
Trish, did you see? No, I didn’t see your chat or I would have already answered it. Has anyone gotten paid yet? I do know some facilitators that have received some payments, but I don’t have actual bond holders or currency holders that are telling me they have money. I do have a number of them that won’t tell me anything because they are under an NDA.
I mean, they’ll have a lot of conversations like, hey, you know, vacation went great. I enjoyed this or that. Hey, going here, how’s the weather? They’ll have a lot of conversations with you, but they won’t tell you that key piece.
Ms. Martinez, thank you. Maggie, Trump’s noon deadline on Saturday for hostages could be assigned for something else starting. Dear Hamas, this is not a deadline that you do not want to take seriously.
You’re not dealing with Joe Biden, where if it passes the deadline, he won’t even notice because he’s at the beach eating ice cream or letting ice cream melt on his belly as he falls asleep. There will be consequences of which you do not want to partake in. Just a heads up on that front.
Mike, I don’t want to sound stupid, but our national debt is so high, who exactly does the government owe that money to? Who do we have to give our money? Well, Mike, because they write them as IOUs against the future, we can make all kinds of sorts of claims saying, ah, those treasuries are owned. Some of them are owned by China, other countries, retirement funds, et cetera. But you and I as the citizens and the taxpayers, it’s us.
That’s who we owe the money to. We are writing an IOU to the future generations. We’re writing one, you know, I know you owe me money today, but, you know, let’s just cut a loan and I’ll pay you interest and I’ll just keep working.
That’s where we’re at. We are borrowing today, borrowing from tomorrow for today. Problem is we’ve started borrowing, hit the downward cycle where the fees are so much.
It’s like taking a payday loan. You’re $500 next week. Problem is you’ve already spent $400.
How are you going to get through the next week? Then you do the same thing the following week. Now you’re $800 behind. And unfortunately, you’re only going to make $500 the following week when you get paid.
But daggone it, you got to borrow another $400 just to be able to eat. And you see it just gets bigger and worse and worse and worse. And you are borrowing against the future generation, your future weeks of work.
And we’re doing that to our children, our grandchildren, their children, their grandchildren. So we owe the debt to ourselves. Since we can’t afford to pay it, why don’t we just cancel it? Karen, exactly.
I’ll pay you for hamburger Tuesday for one day. Cheeseburger today and I’ll pay you on Friday. Oh, this is great.
Fly to be free. Let’s have some money. Chuck Schumer just said the government has a lot of waste and does need to be cut financially, but not the way Trump’s doing it, which is with a meat ax.
All right. All right, Chuck. Let’s have a little heart to heart, Chuck.
Government needs to be cut. But everybody in Congress continues to vote for omni-spending plans, no budget, more programs. They don’t want you finding out where it needs to be cut.
Hell, they don’t even want you looking and seeing who you’ve been paying anything. In other words, you’re not allowed to audit. If it needs to be cut and you know it needs to be cut, why hasn’t it been cut? Do you have no balls? Do you have no political will? Do you not have the strength or the fortitude to make the changes that need to happen? I mean, you know it needs to be cut.
You know you can’t continue, it’ll go bankrupt. But you continue and let it go bankrupt. It really is absolutely insane that it took us, took an overthrow of the American government at the ballot box, a peaceful revolution at the ballot box to wake them up to admit what they already knew, but they’ve been fighting against.
And then today, he’s willing to admit, well, it does need to be cut, just not this way. Well, what way? If you knew what way, why haven’t you done it yet? If you gave a damn about immigration, why haven’t you changed it yet? If you cared about Roe versus Wade, why didn’t you change it yet? You’ve controlled the House, the Senate, and the executive branch many times in the last 20 years. Of course, so have the Republicans.
If they truly wanted to change any of those things, why have they not changed it? Because they don’t give a damn. If they did, it would have changed. To me, it’s absolutely nuts that nobody has figured this out.
So yeah, Chuck, you sound as pathetic as you are. Speaking of which, while I am on my soapbox, I’m going to enjoy this one. Dear Congress, dear Senate, dear President, why are we still getting spam calls? Can 99% of Americans agree that we do not want the intrusion on our personal time to be solicited over the phone? I understand free speech.
I pay for my phone. It’s not free. If they want to ride down the roads, oh, wait a minute, I pay the taxes, I don’t want to ride down the road.
But if they want to find a different way to communicate with me, feel free. Get creative. But do not call me and solicit.
Do you know how many older people get taken advantage from these call-up crimes from extended car warranties to your insurance to whatever? I mean, you name it. There are so many scams going. Are some legitimate businesses? Sure.
Well, I’m going to question if you’re legitimate, if you robocall like that, because to me, that’s not a legitimate business practice. Congress can’t even do that. Something that 99% of the American people want, and they can’t even do that.
They can’t even get together, pass a one-paragraph law making unsolicited phone calls illegal. They can’t even do the most simple of things. So you want to talk about pathetic.
Congress, look in the mirror. You’re effing pathetic. I mean, they suck.
That’s right. I’m mad enough to get out of the chair and slap Chuckie. I don’t know.
Am I irrational? Do you guys enjoy getting those phone calls because you have nothing else to do with your time? It seems that the outing of the household names by 47 today could be seismic. Seems like they have to be a trigger for some major shake. Oh, my God, it’s going to be a big one.
Every time I turn around, he does something even bigger and faster and shakier to really shake them up. I think the birth of the Texas Stock Exchange is great, similar to when Chicago launched the Mercantile Exchange. I think it can really, really shake things up and create a realistic or a more honest alternative to Wall Street.
Ed, they call me at 630. I mean, they call me at 6 in the morning. They call me at 11 at night.
They call me whatever. 90% of the time now it’s an AI. At least the AI somewhat speaks English.
The spoofing of numbers, just so that you’ll think it’s somebody local and call. No, it’s freaking criminal. Long be trick.
I’ll be traveling to a zero state redemption centers in Florida from California, one CRV. Long be trick one. I don’t think you’re going to need to because I believe tax laws will change, but I could be wrong.
So it’s a decent thought. I’ve been told 30 days repeatedly over and over for the last probably 10 years, you will have 30 days. So what do I think you’re going to have? 30 days.
Joseph, I get about 50 calls a day, any time of night, exactly. Roy, deleting 20 robocalls every day. Do you have any idea the drain on American productivity, communication systems, power, energy, that all those robocalls cost American? The loss in revenue, the money.
I mean, it’s criminal. Grumpy, is that 30? Yeah, that’s 30 days. Wendy, I’m with you on spam emails and junk mailers as well.
I know some people consider it legitimate advertising because it’s legal. I don’t think it’s ethical. And to me, ethical is far more important than legal because they can make it legal to rape, kill and pillage.
Oh dear. They have in the past, but it doesn’t make it right. So what’s right? Past laws that match so that you put legal and right in the same basket.
I’m jealous of all those that don’t get the constant calls. Hunter guy, you’re funny. It’s very possible.
Pam Patriot, my poor 95-year-old dad goes nuts every day answering the spam calls. Yeah, I’m telling you, Pam Patriot. I’m with your 95-year-old dad.
They want to see me take over the world, do whatever it takes, become a congressman, a senator, the president just so I can end robocalls. I’m in. Swanee, I’m so tired of using the do not call list because it does not work.
Does it help a little? Like if you do it once a month, every other month? Sure. Helps a little. Arlene, you were watching recorded last night to see last night’s talk suddenly go away.
We pulled the video off of YouTube. It is still available on Rumble. We had a lot of fun with Field, but our channel wouldn’t be here today if I’d have left that video up.
So it is over on Rumble. Let’s see. My 78-year-old brother-in-law has dementia and answers those calls and gives them his info.
Yeah, I mean, Nancy, it’s criminal because they do. They take advantage of people just like that. We need to protect the weak.
I’m not saying he’s weak, whatever condition. In other words, we need to protect the ones that can’t protect themselves. Now, if they’re just lazy and don’t want to protect themselves, totally different take.
You have a personal responsibility, but somebody needs to stand up for those that can’t stand up. Oh, wait a minute. That sounded really good until I thought about the fact I can’t stand up.
Ah, Dave, Arvie, there yet. Thank you for that piece of enlightenment. Elon volunteered to do doge until July 4th, 2026, hence the date countdown.
Then the six-month 250th anniversary party. I love that. Thank you for sharing that.
That’s why they’re going until July 4th, 2026, to see how much they can save. And then he’s good to go. Yeah, Michael, Field was kicked off YouTube before it was even cool to be kicked off YouTube.
Now, if you don’t have at least a couple of strikes or bands under your belt, you don’t have any cred. I got lots and lots of weeks where I had to not be on YouTube. Polly Collie.
Yeah, him showing his depends. That wasn’t that saucy or racy or whatever. It was some of the comments about particular individuals that the Alphabet Institute, meaning the owners of YouTube, will absolutely pull you down.
He gave his very strong opinions on some former presidential families and such. And was not embarrassed to use names. We will have Field on some type of more regular occasion as he’s available, guys.
Don’t worry. Natasha, I don’t know what to tell you on the president of Iran being dead. I’ve not seen anything.
All I can say is no say. I don’t know. I like the unfamiliar voice.
I answer my old man voice and troll him back. I do have fun kind of trolling him on occasion. There’s other times I need to be functioning, working.
I could be on a conference call that I need to take via Zoom on the phone. And those constant spam calls interrupt like legitimate business. Because yeah, no, you make me meltdown.
Spam calls will do it. I didn’t expect to get done this early. Hey, what do you guys want to do? Hello, Sergeant Thorne.
I started blocking the robocalls. It took a few weeks to stop them now to trickle. I’ve started doing the same.
I probably have 150 blocked numbers in my phone because of it. We are to have Mr. C tomorrow. We are expected to have Mr. C. Even though, as he said, he would not use the names he did.
Right, Barbara? I’m glad somebody else was paying attention. No, it was fantastic, guys. If you want one heck of a hoot with plenty of disclosure on the side, watch last night’s Whiskey and Wisdom.
It is over on Rumble. It was fun. And then it’s like a two for one.
Then we went pretty much another hour with Andy after he joined. So it was like two Whiskey and Wisdoms on one night. We even had, towards the end of it, Andy’s wife joined for a little.
Let’s see. I glued a brick to a return spam mail that said please return postage paid. I’ll let thee read.
Maggie, we are expecting Andy in the next 10 minutes or so. He said he would join right around 11 a.m. this morning. He’s jumping through hoops to make it happen.
Wow, bear. I have over 500 block numbers now. That is ridiculous.
That is nuts. All right. You know how I say sometimes the devil’s in the details.
I was lying, guys. It’s actually in the studio. No, I’m just messing with you, Andy.
It’s good to see you in the house. How’s my friend? I am good. Have you recovered? No.
You know, I’ve traveled two million miles on airplanes. Got all those medallions and stuff. I never had a problem.
I went skiing in Aspen last week. And I don’t know, man, my left ear, I feel like I’ve got 12 tons of styrofoam shoved in my ear. It’s driving me insane, man.
It’s like it’s the most maddening, non-painful, distracting thing. I keep saying what? What? What? I can’t hear anything. It’s just already going on five days.
It’s really annoying. Other than that, I’m good, man. What’s going on with you, brother? Hey, you know, for those that missed it, which are many because not as many, only 7,000 or 8,000, sometimes 10,000 join us for whiskey and wisdom.
They didn’t get to hear us at the end talking about gold and just what we’re saying with metals running to off. I mean, running to the vaults. Someone says it’s just a spider, but I got a family of spiders in my ear, right? That’s it.
That’s that’s all it is. Family. Oh, God, could you imagine? I mean, how many nightmares, times of people awaken to something like that, bugs or spiders climbing out of their ears or nose or mouth or.
Yeah, that that that would be mildly disturbing. Actually, I did get a spider bite once. I woke up and my eye was swollen shut when I lived in Minnesota.
I mean, it was I think I got it when I was golfing or something. I come home, take a nap. I wake up my eye.
It was that we went to the doctor and that’s that’s what they said. They thought it was a was a spider bite. So freak me out.
But no, this is just Aspen is six thousand feet at the base or the airport. I don’t know. Maybe it’s it happened on the airplane.
It’s just all messed up. Anyways, how are you, brother? Let’s what were you saying about about all the gold leaving, right? Yeah, just a massive amount going from London to the Comex. Just I mean, it seems to be that if you’re running with your gold right now, you’re either taking personal possession or you’re sending it to a vault stateside.
Although I’m also seeing because I’ve got contacts that we used to work with in Dubai and they are seeing massive influxes of physical gold into their vaults, too. So, I mean, London and a lot of it is being shipped from London to Dubai. We’re seeing a lot being shipped from London to the U.S. vaults in New York.
I’m trying to get an update from my person that works in repository in Shanghai as well. So I can see if they’re saying similar things or if they’re sending their gold out of theirs and sending it to New York or Dubai or somewhere. But we are watching like this is not something’s getting ready to happen.
And then our conversation last night, Andy. Now, check this one out. You’re going to like this one.
Let me let me find it. Bam. Let’s bounce right here.
Today, gold and silver are flooding into U.S. warehouses at a rate not seen since the pandemic. Years of emerging market central bank hoarding have likely created a shortage of physical metal in the West. But another less probable theory is that the U.S. is preparing to revalue its gold reserves.
According to Simon White, the Bloomberg macro strategist. Well, I wonder if Simon’s been listening to me because I’ve been saying this now for the last several days. In fact, I did a presentation in Vancouver a couple of two, three weeks ago.
People want to check it out. Go to the VRIC Vancouver Resource Investment Channel on YouTube and you’ll hear me say this three weeks ago that they’re going to revalue the price of gold. And I don’t think it’s the Trump tariffs.
There are too many things happening simultaneously that I’ve never seen before. And I know Jake’s custom part is on here. He’s heard me say this now for the last two days.
I’ve talked a lot about this. So, Jake, I’m sorry. You might want to tune in elsewhere as this is going to be redundant.
But yeah, I mean, so not only do we see really signs of market stress that are popping up in the gold system, 59,000 as an example, 296 contracts stood for delivery in COMEX for the February gold contract. That’s far surpassing the largest previous largest delivery ever, which was June of 2020 during COVID of 47,132 contracts. Each contract is 100 ounces of gold.
So you’re talking a difference of 12,164 contracts of 100 ounce contracts of gold. And so that means some entity stood for 5,929,600 ounces of delivery, or not maybe one entity, entities, but try and multiply 5,929,600 times today’s gold price of just over 2,900, your computer will flash up an E. You won’t be able to figure it out. So we are seeing at the same time JP Morgan say we’re going to deliver $4 billion worth of gold to COMEX in February, one of the largest shipments ever.
And Blythe Masters used to run their trading desk and she’s on YouTube saying JP Morgan doesn’t buy it for themselves, that it’s on behalf of customers. Well, who’s got $4 billion to buy gold? I would argue that’s exactly what that article is saying, that this is deeper than the Trump tariffs, which in my opinion is the ruse to bring it all home. At the same time, right around the end of the year, the United States has become a net importer of gold for the first time I can ever remember.
It started in November. All of our gold was flowing eastward and to the global south, and people would always say ultimately this will be a bad thing as he who has the gold makes the rules, and we were always a net exporter. Now we’re a net importer since November.
That’s interesting. What happened in November? Oh yeah, Trump got elected in November. Since November, about 12 and a half million ounces of gold have found their way into the US vault from London and about 45 million ounces of silver.
This is unprecedented. And one other thing worth mentioning, right around the same time, guess who took over custodianship of GLD? Now JP Morgan, who paid a $920 million fine for manipulating the metals market, always chafed my ass that they were allowed to be the custodian of SLV, the world’s largest silver trust. Well, now they’re custodian of GLD also.
So BlackRock and JP Morgan are now the custodians of GLD and SLV in two vaults, one in London, one in New York that JP Morgan owns. They house more gold than half of the G20 countries or more. You want to talk about confiscation.
I always said, no, they won’t confiscate like Roosevelt did over my shoulder. They’ll take the ETFs. And they can look the world in the face and say, well, we didn’t break any laws or infringe civil liberties.
This is what the prospectus gives us the right to do. You can’t take possession of the metal anyway. The money that we close these accounts from is now in everyone’s money market.
Go buy physical metal from a company like mine if you want. But it would allow them in one failed swoop to gobble up a massive stockpile of gold and silver administered or custodied by the criminal cartel banks and BlackRock that suppressed the price, paid fines, the largest fine the Justice Department ever handed out to that point for manipulating the market. Boy, doesn’t that seem like a logical custodian to you? Anyways, it would be easy for them to grab it.
At the same time, we’re seeing record amounts flow in under the ruse of a tariff. He will not tariff silver. It’s too much in structural deficit.
It will destroy industry. And he’s saying he’s going to tariff gold to run cover for all of the gold heading this way. And the last piece of the puzzle that I find quite interesting, two other pieces, actually, is that if you look at GLD, we’ve seen over the last few weeks 16 tons exit the fund, 16 tons of gold.
Now, the outsiders, the deep thinking mainstream analysts would say, well, that’s because of high interest rates or a stronger dollar or profit taking. And I say, bullshit, it is not. It is the insiders understanding that they need to cash out because the insiders, like the commercial banks, they’re allowed to take the gold out.
It’s called redeeming a basket. And the basket’s probably 50 million bucks or some huge number or more. I don’t know what the number is, but they’re allowed to redeem their shares for physical gold, which looks like people are selling and profit taking.
No, it’s not. It’s the insiders removing the physical gold, the wealthy elites, the central banks, the governments trying to consolidate control over these real assets before the shit hits the fan. It’s as if they know the playbook.
Of course they do. And then you put the last piece of the puzzle together. I’ve talked a lot about Judy Shelton wanting to issue treasuries ranging from two to five years, all the way up to 50 years, collared by gold.
I interviewed her. She told me that’s what Trump wants to do on July 4th, 2026, the 250th year anniversary. They discussed it in his first term.
She was his nominee to run the Federal Reserve, wasn’t confirmed. My bet is that she will be on the Federal Reserve this time, maybe even take over for Powell. But she advocates for 50-year treasuries and smaller treasuries as well in duration, backed by gold and redeemable in gold.
So you obviously need to get a whole bunch of gold back before you do something like that and potentially revalue it. Because as I’ve said a million times on your show, what’s the name of the account that gold is held in and every central bank balance sheet? Oh, yeah, the gold revaluation account. You can’t make that shit up.
No, you can’t. The head of the Dutch National Bank, members of the Bundesbank, Cynthia Loomis from Wyoming, talking about the Bitcoin strategic account. Let’s revalue gold, they all say.
Cynthia Loomis, a senator in the United States, let’s revalue gold to buy Bitcoin for the strategic account. All of these things start to connect the dots. And then you have Scott Pescent, the last piece of the puzzle, the Treasury Secretary.
And he says, gold is my largest holding personally, and I want to, we as the United States, are going to monetize the liquid assets on the balance sheet. Well, look at the US government balance sheet. It’s a mess.
The largest asset is student debt, 40 plus percent, one and a half trillion dollars or more. The next largest asset is, you’re not going to monetize that. The next largest asset is the military, the bases, the guns, the airplanes, the bullets, not going to monetize that.
Liquid asset. Well, we own a lot of real estate. Is it liquid? I guess you could say they could do things to monetize, but that’s not really liquid.
What about gold? Oh, held in the revaluation account. Oh, and everyone’s saying, let’s revalue gold. Oh, and JP Morgan now in custody of the largest silver trust and one of the largest gold stockpiles in the world.
And all the gold coming here and becoming net importers, all since November. Could it be, Mark? Could it actually be? Could it really be? Blythe Master says, we don’t buy gold for ourselves. Well, who the hell’s got $4 billion in their back pocket to buy gold? Could it be that Trump is using the ruse of a tariff to let all of these countries send their gold back to us a little bit more easily than saying, we’re going to back our treasuries in a new system with gold.
So everyone runs to it. Could it be? There’s a fine line between conspiracy and reality. We’ll find out.
Last point, you mentioned the United Arab Emirates and their gold hub, which is now, as far as I have recently heard, number two in terms of trade volume in the world. Interesting. They also are members of BRICS.
Interesting. Full members. If you take the Shanghai market, as you mentioned, if you take the cumulative volume of the Shanghai gold and the Shanghai futures, it’s right there with the Dubai exchange.
These are surpassing the Western exchanges. And when we speak of the Western exchange, the LBMA, where all this shit’s flowing from, they are a T plus one settlement exchange. Trade day plus one day.
Give me my damn gold day, the second day. Guess what? They’re now T plus six to eight weeks. Huh? What do you mean? It’s T plus one.
Where’s my gold? No, six to eight weeks. Sorry, we’re backed up. Bullshit, you’re backed up.
You don’t have it. It’s called rehypothecation. It means that you’re trading two and a half times the annual global mine supply every freaking day, of which 90 plus percent of those contracts are naked, meaning just a commercial bank with a shit ton of money that keeps shorting and shorting and shorting and overwhelming the physical side of it.
Stop and drop and think about that. How many times each day they’re trading? How many times the world output? When do they get called? When does somebody say, you know, I’ll call that bet? Well, yeah. And how many times have we talked about on your show for the last two years the amount of deliveries? And the deliveries were always going to China, Saudi Arabia, India.
And the game was being played quietly, where I argued that these countries understood what we’re doing. And I always bring back the discussion about the BRICS grain exchange, where the guy that’s running it says, look, you know, we produce and consume more grain than they do in the West, yet we can’t control the price. It’s controlled on COMEX.
But with the development of the BRICS grain exchange, that will change. Well, do you not think they know what we’re doing with gold and silver? Of course they do. And now they’re coordinated, motivated, sophisticated, and wealthy.
And they’ve been standing for delivery, exploiting the delivery mechanism, the delivery option that no one ever did. People would cash settle or use it to offset or hedge risk. No one really stood for delivery now.
You’re seeing massive deliveries. But they’ve always done it in a very methodical way to not cut off their nose to spite their face. It’s death by 1,000 paper cuts.
And the stupidity of the West to have continued to suppress the prices, allowing them to do this. I think Trump understands you can’t do that. He wants a weak dollar, right? So what happens if you let gold go way the hell up? You revalue it.
What happens to the value of the dollar? Gold goes up right here. Dollar goes down. You devalue the dollar.
That’s what Roosevelt did in 1933 by confiscating gold, devaluing the dollar by 40%. And gold went from 20 to 35. Well, OK, isn’t that what he would be doing by letting the price of gold rise? First, you need to bring it all home.
You have JP Morgan be the custodian of the largest trusts in the world. You incentivize everyone to bring it home. Hmm.
It’s interesting. I will just simply say to you that if I had a gun to my head, I would say this is way deeper than Trump tariffs. That’s the cover to run cover for, I think, transitioning to anchoring gold to the Treasury market.
And it just I’ve never seen anything like it, not even by a million miles. And the interesting thing about it all is that, as you mentioned, the American public’s asleep, being misdirected to shiny things like Bitcoin and NVIDIA and Apple and missing out in a level that I am shocked by because the premiums on coins is the lowest I’ve ever seen in my career. At the same time, there’s a mad dash scramble and six to eight week delivery delays for gold that really probably doesn’t even exist.
And they’re freaking out how they’re going to get it. I think it’s the most significant contrarian indicator I’ve ever seen in my career ever. Can’t hear you, baby.
We’ve seen so many clues over the last year or two. Of course, we had the president of Denmark, Danish Central Bank, come out and say, we’re preparing for an imminent arrival of a gold center. We know it’s coming.
We don’t know when. So we’re preparing. They just came right out and said it.
We had the president or actually VP of the Philadelphia Fed do the entire piece on our only answer is to bring in gold with about a 40 percent backing. And this is this is how you fix it. You revalue gold.
Exactly what it looks like they’re doing. You got Judy Shelton telling you, how many more people? I got contacts. The Japanese Central Bank said, yeah, we’re going back to Goldstein.
History tells us that every time the fractional debt based system, Fiat system breaks, it’s gold and silver every every time throughout recorded history. It’s the same playbook. The only difference is we’re adding some technology and possibly ledgers to it now.
Yeah, it’s it’s crazy, dude. I mean, this is so far outside of anything I’ve ever seen, ever seen before. And then you talk about potential market squeezes.
My God, my ears about ready to drive me insane. So look at S.L.V.. There is. Oh, I hope I’ve done a couple interviews with cash.
He might be the smartest dude I’ve ever talked to. No disrespect to you because you’re pretty smart guy. Yeah, no, I think the guy not only is he brilliant and you asked bang, he just boom.
Whoa, whoa. Where’d that come from? He just fires it right at you. His eyes, man.
I swear I thought he was looking into my soul when I was interviewing him both times. His eyes are just lit. It’s he’s he’s a guy we want in to to the FBI, which needs house cleaning for sure, based upon all of the stuff that we’ve heard over the last couple of years.
But S.L.V. right now has about a nine hundred and fifty million ounce shortfall of shorts. So you’re able to short these ETFs, which is so stupid. It’s setting up for a historic short squeeze because the B to borrow S.L.V. for this whole process in shorting has gone up from zero point five percent to twelve percent in the last couple of weeks.
Twenty four times increase. That’s not good for those that want to continue to short S.L.V. and the number of shares available to short have gone from ten million to ten thousand in just a few weeks. That’s a ninety nine point nine percent reduction.
This is setting up for something much bigger. You put it all together. You have massive vault movements from London to New York.
You see physical silver and gold demand accelerating globally at the highest levels. I think if these trends continue, we will see a failure to deliver scenario. And I mean, you could argue we’re seeing that in London already.
No, it’s just a backup. I promise. Bullshit.
If it’s T plus one, it’s T plus one, not T plus eight weeks. Bullshit. I call bullshit.
So anyways. Yeah, man, this is this is a crazy, crazy time. And this is why I think you don’t freak out about anything related to gold or silver.
There are big plans in store for it. Hang on tight. You haven’t seen anything yet.
Yeah. Diamond hands right now. Historic opportunity.
I mean, we’re talking about gold, but you look at the gold silver ratio and you just think about the potential. It’s nuts. I don’t think I’ve seen one analyst that doesn’t think we will see three thousand dollar gold and fifty dollar silver this year.
And these guys are playing it conservative because, you know, where we’re already at. I mean, we’re we’re knocking on the door already on gold. I’m but I’m just excited with where we’re at, getting to watch it all play out.
It’s being part of history. It would be like in the early. What was it, 90 or 91? It would be like sitting there in Germany as they’re tearing down the wall.
Yeah, I mean, and while you’re talking about transitioning to an entirely new monetary system is really what we’re talking about. And I don’t know. I mean, it seems like maybe Trump understands that if the U.S. fails to monetize gold before the BRICS do, we risk losing dominance in the global financial system.
It’s like he’s tried to beat them to the and not alert them by saying it’s tariffs and all of these naked contracts and in New York. So just so people understand. All right.
Let me use some props here. Take this Trump bar silver and we’ll pretend this is a contract, right? It’s naked if I have nothing behind it. But my checkbook, I got nothing behind.
I can keep writing checks to short more paper if I have it covered that the metal behind it, then I don’t care what happens. It’s a covered hedge, right? One goes up, one goes down. Naked means you got nothing behind it, but the ability to cash settle or to buy the metal to cover.
And so what you’re seeing is all of these naked contracts on COMEX, the rehypothecation where there’s no metal behind it. They’ve sold these contracts over and over and over to where there’s 2000 percent rehypothecation. In other words, 19 out of 20 contracts are backed by nothing.
Well, if they do put a Trump tariff on and you have a 25 percent tariff, you’ll go bankrupt trying to cover that. So you bring it home before the tariffs are enacted. That’s what everyone is believing.
Bullshit. I think it’s deeper than that. I think it’s substantially different than that.
I think they’re trying to front run a new shift, perhaps into backing treasuries with gold to reestablish confidence. This is significant, Mark, one way or the other. Going to a net importer from a net exporter, seeing all this stuff happen, JP Morgan take over, Scott Bessent saying we’re going to remonetize the liquid, liquid, liquid, liquid assets of the balance sheet, not just the assets.
All of these things, it’s like you got a whole bunch of dots. You can connect them in and of themselves. They’re relevant.
You connect them and it’s like, huh, yeah, no, that sure looks like they’re setting up for something a lot bigger than just calling a tariff. So how do you play it? You own physical gold and silver in your own possession, period. That is how you play it if you believe that’s what’s happening.
And I do. I think it is happening. I guess we’ll see.
I asked Judy Shelton that question. Is there any reality where we finally get Fort Knox audited? She said to me, you know, Andy, it’s a stupid answer that they always give us, she said, that it’s too logistically challenging, too expensive. And I’m like, you know, that’s bullshit.
She’s like, yeah, you’re right. She’s like, we’re the United States of America, for God’s sake, spend a few million bucks and get it together and audit it. It’s just lip service.
So then I also asked her, do you think that they’ll revalue gold? And she more or less said, yes, I do. Do I see a problem with metals in storage? It’s always secondary to having it in your possession as long as you have it segregated, not just allocated. Segregated in Mark Z’s name, segregated in my name, segregated in your name.
Definitely feel free to segregate your gold in my name. I’m just messing with you. Yes.
Hold on one second. I have a fire I need to put out. Just a second.
What is gold up right now? It’s up 1370. Holy crap. That is the right wire address.
Okay. Sorry. So the gold that FDR confiscated was melted down.
That’s FDR right over my shoulder there, if you can see that. Was melted down and turned into bars, supposedly held at Fort Knox. So that’s supposedly what they did with it.
So $300 and gets you a lot in gold. It gets you about a 10th ounce gold eagle. Maybe a good way to own glint, which allows you to buy as little as a dollar’s worth of gold to kind of democratize gold, have it available.
It’s not as good as having it in your physical possession, arguably, but it is good. So 300 bucks in gold is better than nothing in gold. And if you’re able to do that on a continual basis, 300 each month or 300 every few weeks, that’s letting the laws of compounding be your friend and work for you rather than against you.
Um, yeah, so you do put Andy 24 in that, uh, in that box. If you contact glint, um, remember they’re in the UK, there’s six, seven hours ahead, but, uh, that is, I’m sure they will do that for you. Um, but that would be the way that I would buy gold with 300 bucks is on something like glint.
I’d be think you’d be better off buying silver right now at that level. Um, just to get greater bang for your buck. Yeah.
And then, and then when that historic gap between the, uh, values, then you turn your silver into gold. That’s kind of how I’m viewing mine. I don’t know that silver will surpass gold.
I don’t think it will, but in terms of performance, it could outperform it in terms of percentage gain before it’s all said and done. Uh, yeah, we buy it. Um, yes we do.
Um, you could, we can buy scrap gold and silver. We have the smelter and all of that stuff. Um, really not, not a bad way to do it.
Um, to get rid of gold that you, or, or like silver flatware, that kind of stuff that you really don’t ever use and put it into something liquid and useful. But we, yes, we do. We do do that.
Um, boy, here’s a tough one. Uh, because the manipulation, all we can do really here is guess I’ve tried to apply a lot of math and reasoning to it, but I’m having a difficult time coming up with what I think gold and silver would be without the manipulation. It’s impossible to answer that question because it’s been manipulated for so long.
Um, substantially higher than it already is. I mean, if you, I mean, let’s talk about silver for a moment. It’s, I don’t know, upwards ends of 2000% rehypothecated on Comex, meaning they’re selling 20 contracts to, to 20 different people.
In essence, everyone thinks they have the right to it, but there’s only one contract worth of silver backing it. Um, similar environment with gold. And then on the LBMA they’re trading, they have 300 million ounces of silver available for delivery and they’re trading upwards ends of 3 billion ounces of silver per day, uh, in contract form.
So that distortion is, is extreme. Same thing is true with gold. It distorts its real value.
And if it were allowed to trade freely, um, it would be substantially higher. So I don’t think it’s really easy to answer that question, but simply to say higher than most people would think possible would be my guess. It’s not legal.
Uh, it’s just ignored by the CFTC and the regulators because the reason that they’ve been shorting the price of gold and silver, I would argue is at the behest of the Western authorities who wanted to, uh, in the case of silver support, the military industrial complex, we’ve talked about this on your show plenty, how there’s 500 ounces of silver in the cone of a Tomahawk cruise missile. That’s just one kind of missile. Anything that’s, that’s high tech aerospace or military in 1942, they were using 200 million ounces of silver per year.
They used to for military, they used to report it in the supply demand numbers. They stopped reporting it. I would argue this is the only reason why you have eight Western banks stupid enough to suppress the price of silver to this degree.
They’re being told to do it. Just like if people watch the video I’ve talked about on Chris Marcus or Andrew McGuire, um, both of them within a few days were interviewed. Um, Bart Chilton, the former head of the CFTC money futures trading commission who admitted a lot of these things that, that JP Morgan, uh, was called it.
Uh, what’s his name? Um, Jamie diamond was called into the office of Hank Paulson and Ben Bernanke when Bear Stearns failed. And they said, Jamie, you need to take over their short position. It’s the massive largest short position on Comex.
I’ll do that guys, but it would be JP Morgan would be in violation of position limits. Well, that’s okay. Jamie, we’ll give you a period of time to get it in order and, and, and, you know, okay, fine.
I’ll do that. At the end of that period, Bart Chilton, who was the head of the commodity police goes into his superiors, which would have been Hank Paulson, treasury secretary, Hank, um, they’re in violation of our agreement. In fact, they didn’t get their house in order.
They increased their short position. And he said, um, um, back down, Bart, it’s a political decision. He admit, he admits this on these two podcasts and then he dies a week later.
He kind of outed JP Morgan. Now I’m not saying there’s a direct causation there. Maybe it’s just coincidental, but the only time he ever admitted it on two podcasts within a few days tells the world that yes, he was told to back down.
There was a political decision. So I don’t know. I think that, um, I think that where there’s smoke, there’s fire in terms of numismatics.
It’s the best value I’ve seen in 35 years right now, right now. And I don’t say that lightly. I’m sitting on a massive stockpile.
I mean, the biggest that I’ve ever owned over 11,000 ounces of numismatic coins, um, gold, um, and the prices are less than, than bullion, uh, coins largely. Um, you can trade gold Eagles right up straight up for 63 grade St. Gaudens and not lose anything. When I tell you, I’ve never seen that.
I’ve never seen that never to me. They are the most undervalued best value in gold, 1000% right now. And if anyone is interested in it, send us an email at info, Miles Franklin, tell us what kind of numismatics you’re looking for.
Um, our prices are unbeatable. Our selection is unbeatable. It’s in stock.
You want to trade gold Buffaloes or Eagles straight up for 62 liberties, 63 saints, whatever, or even higher, we can do that too. So I I’m very bullish on them right now because the premiums are so stupidly low. At the same time, there’s a mad dash scramble at the highest level, uh, for things like a hundred ounce bars that are becoming impossible to find and thousand ounce good delivery bars, which are being impossible to find, at least in terms of, um, Colmex and, and the LBMA.
Um, wait, where do I even go? There’s so much, uh, uh, to, uh, to touch on, um, our update just passed. There you go. Finally, you’re getting some movement within the system.
I’m just like, Whoa, RFK pass. Of course, Kasha Patel makes it out of committee today. Um, it’s been a bit, it’s been a big week.
Yeah, it has. Um, just Joan Jett asks, are these like PSLV? I don’t know what SGOL is, but a PSLV and PHYS are the Sprott funds and yeah, they are theoretically backed by it. You can take possession of PSLV if you want to take 10, 1000 ounce silver bars.
So yes, they’re back, but they’re not very, um, um, very easy to, to take possession of what is the difference versus bullion and purity between what are we talking? Do you think Mark? Um, well, it really depends. I mean, the only thing that I can, I mean, they’re all Mark bullion or not. If we’re talking gold, just about everything is 24 carat gold bars, maple leafs, buffaloes, Phil harmonics, kangaroos, pandas, um, Britannia is they’re all 24 carat.
The American Eagle is 22 carat. Uh, so it’s the Kruger end and that people will say, well, why would I want to buy the American Eagle? If it’s 22 carat, isn’t 24 carat better? Um, the American Eagle has one ounce of pure 24 carat gold in it. Plus a 10th of an ounce of silver and a little bit of copper alloy sprinkled onto it, which increases the net weight to 1.1 ounce decreases a purity to 22 carat makes it more resilient.
That’s it. Not everything is 24 carat when he says resilient, meaning, you know, they start, they, they add impurities to make it stronger, but you’re still paying for an ounce physical gold. Um, gold is very soft.
Yeah, it is. And, and so you could drop, you can play poker with gold Eagles. They’d look brand new at the end of the night.
You play with a 24 carat coin. They look a hundred years old. That’s what I said.
Kruger ends are not 24 carat. They’re the only other ones. And they’re mostly copper alloy added to it.
Um, and they are 1.1 ounce as well. Oh yeah. I haven’t sung happy birthday yet.
Folks reminding me. Uh, but Andy jumped on, so he could sing. How are you? Nice to see your face.
You’re probably off today. Nail bed count to 60. Wow.
I’ll do anything. Cause I feel like I have styrofoam in my left ear and I’ve traveled a lot. 2 million miles.
Never had this problem once. That’s just unreal. Um, what else is going on, bro? Yeah, I’m just looking.
Yeah. We didn’t see silver explode last year, like we thought, but it, it, it ran on the edge of a breakout, uh, pretty much the last couple of months of the year. And now we’re watching gold breakout.
Um, yeah, we are. We are watching gold breakout substantially. I don’t, let’s see what the futures market is saying about gold right now.
Uh, silver or gold, silver futures are pretty well flat. Um, 32 69. Let’s see if the gold future, the futures market is what I like to look at because it shows.
So they have the gold futures market up 16 bucks to 29, 44 60, uh, which is about 30 bucks above the current spot. So, um, that’s kind of interesting. The futures market is saying for the April contract yet, 29, 44 60.
Uh, to me, the best investment on silver bullion right now, surfer is junk silver pre 65. I mean, it’s the cheapest I’ve ever seen ever. I’ll sell it to you guys for a dollar 49 over spot.
Um, it’s cheaper than I’ve ever seen. The American Eagle is what I like the best, but it’s not the best value. The, um, it’s the pre 65 dimes and quarters.
I don’t think they’ll revalue silver. I think silver will revalue itself. Exactly.
I believe once they pull the peg off of gold, silver will just, uh, once they revalue gold, silver is just going to, it’s going to be a run. Exactly. That’s exactly what it would be.
It will be a run. So, um, I, uh, I think that the market will do it in and of itself. Not, um, so like for example, um, you know, Roosevelt revalued gold in, in, uh, 1933 by devaluing the dollar right away in 1971, when we went off the gold standard, gold was valued at 35 bucks an ounce.
So, uh, when we closed the gold window, the market revalued gold took a long time. Here we are at 2,900, but you know, uh, so be it. Um, so that’s kind of my point, Richard, is that it, all of these, all of this gold coming in JP Morgan delivering 4 billion worth of gold.
So in other words, is that 4 billion worth of gold that they had imported and what’s called exchange for physical, uh, with, with, um, London to cover that maybe, probably. Uh, but in other words, exchange for physical due to the fungibility of these contracts, it goes both ways. You can have a contract issued in the United States, uh, and stand for delivery in by giving them the contract.
If you want, you can stand for delivery in London, or you can have it shipped here and stand for delivery in, um, in New York. So they take these contracts, they exchange them for physical, they stand for delivery here in New York. They’re preemptively preparing for that.
And not only did you see 4 billion worth of gold sent back to JP Morgan is sending back to the February contract. We see 16 tons of gold taken out of the ETFs. Now it’s not the investor selling, it’s the insiders pulling that gold out.
Does that mean it could be JP Morgan pulling it out to protect? Absolutely. So I think that’s what they’re doing. They’re preemptively preparing for this and cleaning up their house.
Could it be? Yeah. Could it be nothing more than taking advantage of the, the premium in, in New York over London? Sure. Could it be the tariff? Sure.
Just feels like it’s a whole lot more to me. Uh, if you buy physical metals, how do you sell it the same way in reverse? That guy’s got your picture. Did you notice that I didn’t even pay attention? Oh, probably not.
Well, I sell mercury dimes at a buck 49 over spot. Maybe let me look. Um, we, I know we have a bunch of mercury dimes in stock right now.
In fact, it actually intrigued me yesterday when I saw this, I thought maybe I should buy a bag myself because I don’t own a bag of mercury dimes. Hang on. Let me check.
I’ll tell you right now. Give me a second. Mark, I need a friend.
No, I’m here for you. But while you’re checking mercuries of gold, what one mama squirrel, there’s a, there’s a flaw in the thinking here. If gold isn’t going to be revalued until 2026, I don’t think anybody thinks it’s going to take that long before they revalue it.
Then would it make sense to have the RV when it happens? RV reset, monetary system change, whatever you guys want to call it. Or it might be gold back at that point instead of now. Yeah.
Um, I mean, I think that if you’re going to peg treasuries to gold in 2026, July 4th, you have to have the gold in hand first. So it’s a process. Uh, the mercury dimes, um, I can do at in stock, a dollar 49 plus $20 69.
I mean, that’s damn, damn, damn cheap for mercury dimes. Um, I mean, these are dimes. Let’s look at what I think they were made.
Like it started in 1917. Uh, let’s see. Let’s date range of mercury dimes, 1916 to 1945.
I was close. So, um, they’re a hell of a deal. I love them.
I mean, normally they’re way more expensive than that. Most people have never seen a mercury dime. A numismatics would be something like this.
This is a coin from 1904. That was $20 worth of money in 1904. It’s a coin that has numismatics to me is, is value in above melt contact.
It’s like the collector side of an, of a coin. Uh, I don’t believe in modern numismatics to me, that’s lipstick on a pig. Anything that’s brand new.
Uh, I use baseball cards as an example. I often show my baseball cards over there, Babe Ruth’s and Cy Young and Ty Cobb and baseball cards from the early 1900s that I have on my wall there and old Mickey mantles from 1952 and stuff like that. Um, kids didn’t know to take care of it.
People didn’t take care of these. Uh, this was money. Those were cards to put in your bicycle spokes.
Most of the tobacco cards I have, they came one at a time in a pack of tobacco that dad’s dad smoked and gave the kid the card. Um, and all of those cards, you know, if you look at them, I don’t know if you can see them, but they, uh, they are what I would call numismatic. If they were coins, it’s, it’s value in and above.
Um, same thing with these coins. I mean, there’s basically an ounce of gold in it, but the value is the fact that it’s a hundred plus years old, 120 years old and is uncirculated. And that’s what numismatic means.
Yeah. They’re they’re, they’re pristine beanie babies in the original packaging. Holy shit.
That’s all I need to hear. I don’t need to be deaf in one ear. What? Yeah.
Yeah. Um, as some of these questions don’t make any sense to me. So I would trade, I would trade, uh, gold bullion for St. John’s.
I wouldn’t trade. I mean, I don’t know what new miss numismatic silver he has other than Morgan dollars, um, Morgan or peace dollars. So I wouldn’t do that.
I would trade. Um, I would trade gold, uh, bullion like American Eagles or Buffaloes for St. John’s yes. A dollar 49 or a dollar 69 over on the, um, Mercury dimes.
Now is that based on weight? So if you’re getting like a dollar 69 over per dime based on the weight or per ounce of dimes, I mean, No, you take, um, uh, you take, hang on one second. They won’t leave me alone. My operations.
I’m on a podcast. Oh, we’ll hurry and get you out of here, Andy. No, that’s okay, man.
I’m a master of juggling shit all over the place. I’ve kind of gotten good at multitasking. Um, practice.
So what’d you ask me? Um, like, uh, so how many dimes would that work when you say a buck 60? Okay. In a bag of, of, of junk silver, if it was brand new uncirculated, there’d be 723 ounces. But the industry says that because of all of these coins being sent through coin counters for the last 50 years, 60, 70 years in the case of those almost a hundred years over a hundred years that, um, up to seven ounces of silver has worn off per thousand dollar face value bag.
So if you have a thousand dollar face value bag that, that the industry would tell you is 715 ounces, not 723. They were uncirculated 723. So it’s a thousand face at 723, $1 phase or 715 ounces.
$1 face would be 0.715 ounces per dollar face. So you take the price of silver, you add a dollar 69 and multiply it times 0.715. That will tell you how much it costs for $1 face value, 10 Mercury dime. So let’s just say silver is 32.35 plus 1.69, 3404 times 0.715, $24 and 33 cents, 34 cents per dollar face.
Divide that by 10. Each silver dime has $2 and 43 cents worth of silver in it. In essence, that’s more or less each silver dimes were $2 and 43 cents.
Um, Hey, I’m glad you did the math. My brain was starting to melt. Uh, Andy, what does it cost? I kind of thought that too, Frank, that I’m a master of market, uh, or, uh, multitasking.
What’d you say? I have short term memory issue, you know, from all my years of being a derelict, but, uh, I still can do a lot of things at once. It’s, it’s the sheer amount of volume that your brain is processing. It has to throw some out.
You don’t beat up on yourself. You’re, you’re not getting forgetful. You’re just processing a massive amount of information.
Carson city, Morgan silver dollars can be worth a lot. Depends. There’s about 20 different ones, but they’re my favorite.
They’re the neat ones. They’re the rare ones. They’re the scarce ones.
Um, depends what year it is and what mint, uh, well, it’s Carson city, man. So it depends what year, uh, there are a couple of really rare ones, but, um, I don’t know. And, and when you say pretty good, what does that mean? Is it a U is it XF the Carson cities are sometimes worth certifying if they’re good enough.
Um, we’re having issues with the coins making the one ounce coins. We’re not good at it yet. We’re much better with the bars.
Hopefully soon I can still do the bars though. I’ll start working on a couple of designs to send your way. So at least you’re prepared.
Once you’ve got the system down, Pat and the over 50 is half, half timers, not Alzheimer’s. That’s funny. Half timers.
I like that one. What are we talking about again? Sylvia can’t find the mercury dimes on your site. Do you remember? And that’s why this is kind of a thing that pisses some people off as art.
We don’t really publish stuff on our site. Not enough. Um, I’ll tell you right now.
I mean, that’s why if you, if you reach out, you reach out to us and you want our, our inventory list and we can always do that for you, but just to give you an idea of what we have in mercury dimes. Um, and yes, we do have them right now. I have, I got way more than that.
Wow. Uh, 30. I have 25.
No 24. No stupid system. I have, looks like 20 bags in stock thousand face.
So I have a $20,000 face value. So, um, that’s a lot. I have 20,000 of the, um, so what would that be? 20,000 face times 10.
I have 200,000 mercury dimes in stock. Um, all right. Now Tammy wants to know is, well guys, if you’re, I’m going to share his contact and Mark, if they really Mark Jamieson says SD has him at a buck 49, our shipping is free too.
If it’s over a hundred, I do it over. Well, let’s just say the most shipping will ever cost you is $15 depending upon what you buy. It’s usually going to be less than that or free.
Most cases free depending upon how much you buy. But let me see. He says they’re at buck 49.
I got no problems with SD. They’re a good company. Um, and there they are on sale.
Um, I would match that price. Uh, let me see. 24 20.
They’re at 24 20 divided by 100. Oops. 100 equals 24 times.
So that is divided by 71.5. I think they’re a little bit higher than that. Hang on 32.36 plus 1.49 equals times point. Yeah, they are.
They’re at a dollar 49. I’d match that. If anyone wants them, I’ll match it.
I’ll do it at a buck 45. How about that? Beat him by 4 cents. Cause it was purchased bars instead of coins.
And then we’ll get to two or three more. I don’t think so. I think that right now the pre 65 silver is the best value period, period, period.
And guys, when he feels like bars are the best period, he tells you. In other words, he just, he’s like, if it were him, this is what I’d be doing and why. And I appreciate that one.
A lot of people have suggested picking up some ear can. If you ever had done ear candling, never have. It really is wild how well it works.
What is it? It’s just like cone wax cone and they stick it in your ear. They put a little plate around it. So the wax doesn’t drop.
They light it and it’s a hollow candle. It pulls everything in your ear out like wax and crap and it unclogs your ear. I got to pick them up.
Any health food store out there is going to have them. Heck, if you have a better grocery store, they probably have them in their vitamin section. No kidding.
Plus it’s kind of fun. And suddenly you can hear better. It’s what if you, yeah, exactly.
Never done it. It is absolutely worth doing for, uh, the freaking out man. Uh, yeah, I will do that.
Um, remember people want our prices, send an email info, miles, Franklin, ask for the priceless. And even that priceless, we can often do better on our competing with companies. I guess D is not a problem for me.
They’re a great company. Got nothing but respect for Tyler and his company. Same with money metals and jam and at max all good, all good companies.
I can usually beat all of them, but I have nothing but respect for them. Uh, yeah, I have them. Uh, depends what name brand, you know, just depends what brand, but you know, cheap, as cheap as they’ve ever been premium wise.
Um, could be again, it depends what brand, but Oh, I would say in general, um, anywhere from a dollar 40 over to two bucks over, depending upon what brand you’re getting. Um, that just had to Paul Amazon. I’ll look up a link for one and send it to you.
Cause you can probably have one today or tomorrow and you don’t have to go to the store. You can have them delivered to your doorstep, Andy. I may freak out between now and then.
Yeah, that’s up, but I’ll look, and then you’ll be able to show a picture and go to the store if you want and get someone says, put onions on the bottom of your feet. I almost sound like I’m being punked there. No, I hear you.
Um, all right. Yeah. Oh, four, one K rollovers.
And then let me make certain. I put Roy Hobbs is saying what’s the best. What did he say? Yeah, I saw Bergman.
He’s a good ball player. Good third baseman. Uh, what is the best metals IRA in your opinion? I would open it up with any company that doesn’t tell you that’s all they do period.
Those companies for the most part are scams and just they are. And, um, on many levels, but, um, I use new direction in Louisville, Colorado, same thing with the 401k. You roll it over to a self-directed IRA.
New direction is a third party IRA custodian. Once that is done, then we fill it with gold and silver and send it to a depository. It’s very easy to do.
Uh, we will sell you gold and silver bullion, nothing rare, nothing special and fancy. And if you’ve got tied up with a company, that’s telling you to buy quarter ounce gold, rare shit that you can’t find anywhere. And one to two ounce silver coins that are huge premiums between 60 and 110 over or whatever you you’ve been screwed.
Call us. We’ll help you get out of it. Um, that’s just the bottom line.
And there are these companies out there that are honest to God, they should all go to jail. They’re they’re criminal and they know who they are and you don’t see any of their CEOs sticking their face out online because they know, um, they don’t want to be seen. It’s just gross.
It’s a non-regulated industry. You guys, your reputation is everything. Pennywise and pound foolish is stupid.
And just because some of these companies have fancy spokespeople, a very good friend of mine, one you would all know, all of you would know was offered 40,000 a month by one of these companies, which I won’t mention out of professional courtesy to promote them. I said, if you do this, you will blow up your career. Fortunately, he didn’t do it, but that’s kind of what they’re saying to people.
I’ll give you 40 grand. I’ll pay you a half a million a year to, to promote me. I mean, come on, like who’s paying for that.
So yeah, I was offered really good money to do the same, not quite 40 grand, but I was offered good money to kick you to the curb and not let you on the show. Yeah. Well, I love you for that buddy.
And I’ll never screw any one of your listeners. I will always, always, always, um, do for others as I would want done for myself. It’s very simple way to be good at business, do the right thing.
Um, you know, yeah, but, uh, I take it. He’s in Canada. We, if you are in Canada, go to mfbullion.ca mfbullion.ca, you’ll get the best prices in Canada.
It’s just too funny. All right. I need to wrap you.
Cause I can’t wait to see you in person in a few weeks in, um, Cape Canaveral. And, uh, do you tell everyone where you and I are going to be the first people talking economics and Mars we’re taking up in Cape Canaveral. Yeah.
We’ll be at Cape Canaveral. We’ll take off guys. We plan on being the, uh, the initial, if Andy will let me sweep the floors, the very first metals company on a Mars.
Yes. No, you’d be my spokesman, man. Uh, I will see you soon, bro.
Thanks for having me. I hope everyone stays well. Thanks for all the, uh, the ear advice y’all.
And, um, Hey man, look, something’s different. Something’s going on. Pay close attention.
I’m sure there’ll be lots to talk about over the next few weeks. Um, much respect Mark. Stay well, bro.
You too. And check your texts. I sent you one for ear candles.
Just, you know what they are. Thanks dude. All right.
See you. All right guys. The, uh, the illustrious, notorious Andy Sheckman.
Um, hopefully if you guys have any interest, uh, we put his information in there. Let’s do birthdays real quickly and then call this one a wrap. Jeff Elias Hayes, the big one year old Harper, Marlo, Frankie, Roxanne, Victoria, Mika, our own Mika.
So they tell me it’s your birthday. Well, happy birthday, darling. May you live.
May you love me. All your dreams come true. Happy birthday.
Happy birthday. Happy birthday to you to all those celebrating enjoy. And I’ll see you this evening at seven with Dr. Scott.