MarkZ Morning (Uncut) 04-23-2025
Coffee with MarkZ, joined by Andy Schectman. 04/23/2025
Good morning, all April 23rd year of our Lord 2025 read up. I’ve always been told somewhere between 30 and 40% would need to be done and processed for them to pull the trigger. Jeannie’s dad’s heavenly 108th birthday.
Fred, I don’t know, maybe you guys just pick out the clothes and it’ll go quicker. Freddie, happy birthday. Hello, Lala Mama.
Hello, Jill, Becky B, Freus, Tammy, Elvis, Jafer. Jafer’s saying check the mic, he’s thinking there’s a chance it is. It is.
It switched itself. Let’s fix that one and see if the sound improves. Hello, Ria.
Hello, Sissy Girl. Hello, Dade Stefano. Totally awesome.
Good to see you in the house. Captain Peggy. Two Terrys.
Matt C. Sacks. Hello, Miss Mary. Hello, Rod, Stuart, Fred.
Isn’t it amazing the difference in the mics? I think gold will still be worth buying at these prices. Personally, I do, yes. Very much so.
Do you think it’s the final melt-up? I’ve seen a few comments in there. Some real back and forth as we look at trends. We’re going to talk about that this morning, too, which will be kind of a segue into Andy.
Hello, Jay and Amy. Hello, Wally, Truck Tiny. It’s good to see you in the house.
Karen Bridgen. Yep, just got to get the right shirt going on. Milton, I’m going to have to get you to keep them straight for me.
White Wolf, always a pleasure. We’ll definitely talk about the market and the trends. Hello, Anaheim.
Hello, Raul. Hello, JB. Trying to catch up with that one.
What do you think? Well, one, I don’t know where Iraq stated that. I’ve never seen a 132, unless you’re talking about the 1320 they’re at and somebody’s just moving some periods. Oh, Robin, I’m glad you said that.
Glad you said that on the John Dowling front. Buen dia, Dana. Como esta? Me, I’m totally in.
I’m good. All right, John Dowling, he released it just a few hours ago, guys. I really thought it was a great one.
John brought a lot of material to the table. A lot of great, in my opinion, discussions on that front. I will drop the link for anybody that wants to join, watch that.
Give it a check out. I do enjoy my time with Mr. Dowling. Man of conviction, and I like it.
I appreciate it. Very much so. Lil Link enjoyed it.
Good, good. Dow up 1,000. Yep.
The futures were up about 700 points, so some of that will probably shake out, but Trapper, that is great. How did gold drop? That was easy. The market went up.
Fear of missing out, so a lot of people, whenever the market pivots like that, they think the market will move faster than gold up, so they make that move. They’ll try to catch the falling knife every time. Well, not every time.
Nearly every time. I hope Bruce is correct on this one. Tammy just said, Bruce says Don’s a lot higher than he thought it would be.
I keep being told that, too. Dale’s birthday. Happy birthday, Dale.
Dale joining Freddie so far, coming out of the birthday gates. Davey, it does look like a Mike Barra doll, but no. It is a Texas Renaissance doll that one of you guys sent.
I think he’s pretty cool. 40th anniversary of my 21st birthday. Melissa, happy birthday anniversary.
That’s pretty easy math, but I’m going to play dumb here, all right? It’s the least I can do for you. Whip could be some profit-taking, too, and most of the spike in gold price was seen because of paper money. Let’s see.
Andre, good morning. My beautiful wife, Rodika, just turned 49 today. Happy birthday to her.
Billy, I heard that Vietnam is talking with the U.S. Treasury. Now it’s setting things up. Billy, that is exactly one of the things going on.
Yes, Vietnam is in open talks with our Treasury. They’ve already said U.S. Trump team came out and said, yeah, they’ve got to stop manipulating that currency. It’s time to raise it.
Oh, Dagoo Man. Let’s see. Sunday, last week.
Good morning. Oh, no, this is Sand Racing. Sorry to catch you live.
Or Sandra. I see. Coffee and birthday.
Sandra, happy birthday. Dong has not RVed yet. We’re just starting to see some potential rates.
That’s not a question you’re ever going to have to ask in chat, guys. If something has revalued, I’m going to be screaming at all of you to go running that way. Richard Falls said Frank’s bank contact bluntly said new currency at the CBI.
Yeah, I’m hearing those stories, too, including cut sheets, but I haven’t seen one in circulation or released. So for me, do I believe that they are printed and ready? Absolutely, I do. Happy birthday to William Shakespeare.
The question is to be or not to be. Colorado Coyote. That’s a good question.
If you don’t mind waiting a month or two, you can order from Asia on either Fembenos or if you want faster. And there’s a discount, and it’s solidly priced. All American sources and laboratories and everything else.
You can use biozox.com. My suggestion is use the code MZ25 to get 25% off. Otherwise, it is not a good deal. But with the code, it’s a great deal.
So I’ll put that link in. Code MZ25 gets you 25% off. I’m having a tough time typing this morning, guys.
Yeah, put that in chat. Very solid good source. Petra.
Hear no evil, speak no evil. Actually, isn’t yours over the counter there already? Actually, it might not be after Trudeau and company. Message them.
Find out. I don’t have that answer. Let’s see.
Charlotte was my grandson’s high school baseball team. Had a shutout last night beating Texas high in a 10-0 win. Don’t you love those things? That’s just so much fun.
Daughter Terry celebrating 28. All right. I need to get to information so that we are ready for Andy.
So we’ve got a few things to touch on this morning. First in the links is going to be the podcast I did with John Dowling. He released it this morning.
Very informative. Very enjoyable. All right.
Trump calls Kashmir attack disturbing. Says U.S. stands with India against terrorism. This story was breaking as we were doing our podcast last night.
Had a chance to dive in. Still waiting for more details. But terrorist attack in a southern market tourist location.
Getting conflicting stories. OANN saying as many as 20 tourists possibly hurt. Indian government saying only two.
So waiting to get more information on that front. Terrorism. Not just restricted to the U.S., unfortunately.
Don’t want it anywhere in the world. Horrible. Now let’s get into the intel.
Let’s find that news time banner. Parliamentary finance rules out adjusting the price of the barrel of oil. I think this is probably better when Salih takes over the advisor and breaks it down into things we can understand.
Say, hey, look, we’re good. We’re secure. Right now there’s mechanisms in the budget to adjust all the way down to $60 a barrel based on spending.
Historically, it’s probably going to wind out the year, somewhere between 65 and 70. Stop panicking. We have mechanisms.
There is no need to panic. Salih just pointing it out, screaming at you folks. Hey, we’ve already worked this through.
We don’t need you armchair quarterbacks sounding off when you don’t know the deets. New line. Americans to extend their stay in Iraq for another three years.
With the possibility of ISIS gaining ground in Syria now has come apart, and there are active ISIS camps in western Syria. Well, kind of borders on eastern Iraq, right? They are worried about it. So rather than continue to worry and fight, Iraq is sitting down with the U.S. and saying, separate from the U.N., we would like some security guarantees.
So we’re going to extend some of this three years, but this is separate from the United Nations mission. So having them extend it and start cooperating more on military intelligence. The U.S. and a lot of Iraqis, well, when I say Iraq, certain commentators in Iraq have been concerned that the U.S. just wanted Israel to run all the Middle East ops, and they were offended by that notion.
Trump administration, sure, they would love to have somebody else take care of the Middle East and them not worry about it. So they can focus on here in the country directly instead of everything going on around the world. But he realizes that complete isolationism isn’t an option.
So they’re like, look, I don’t want to be there, but we need to be there. So we’re extending for three years. Real common sense in foreign policy, not something we have seen in the past when we were going into isolationist periods.
This one, very eyes wide open. In other words, we weigh and measure it. Are we better served by being there or better served by not being there? And they weigh and balance it.
Very smart approach coming from a very calm, levelheaded approach coming from the administration. This one, a little out of order, but I think it’s important. Chinese plastic factories face mass closures as U.S. ethane supply evaporates.
Isn’t it crazy how some stories just work together in a global sense? You don’t even know how they do. You’re just reading them all in one piece of the puzzle you find somewhere else. So Chinese plastic factories sitting, one of the necessary ingredients is ethane.
Majority of the supply China gets from the U.S., great financially for us. A lot of plastic containers, et cetera, are made in China where labor is cheap. That can cause all kinds of supply chain issues.
We’ll be able to have products, but nothing to put them in, to package them, to move them. But now flash forward over here to Iraq. Orientation towards the investment of natural resources and the revitalization of the mining sector.
It has been since the 1980s since these sectors were developed in Iraq, since they chased any kind of mining, finished products, petroleum products, rounding out their economy. And I found one thing that they mentioned in that article just today. Well, yesterday article, but I’m reading it today.
One of the things that the natural gas is high in, one of the rare things that it’s high in, similar to the U.S. natural gas rate, it contains high levels of, well, come on, high levels of ethane. So Iraq is positioned to help with the plastics industry worldwide, containers, shipping, et cetera. They’re also squarely in what’s considered the phosphate belt, which runs all the way through there and partway into Iran, making it one of the best producers or potential producers of fertilizers in the world.
So they are meeting, sitting down. It is time to breathe life back into the mining sector and other natural resources from Iraq that have been sitting there laying fallow for many, many, many years, decades. This is a huge part of future value to support the future value or the value of their currency, guys.
So I bring it up, and I just found the ethane connection while China’s hurting for it, and we suddenly have that discovery there. It would certainly make sense why China is wanting to invest heavily in Iraq just like the U.S. is. All right, digital currency and dollar, this one is more for your information.
Get educated. Despite the failure of a BRICS group to find a solution to replace the dollar with its own currency and the operation of global payments and remittance system in order to get rid of the dominance of the dollar as a weapon hanging over the necks of countries in the searchable alternatives, Trump pushing them not to abandon the dollar and BRICS not have a currency, but they need options. What are those options going to be? Boy, I can tell you what, a simple gold-backed digital currency would fit that one.
I can make you one if anybody is interested. But they get into the future. How do they offset it? What do they trade back and forth? But now what I did find interesting is they’re talking about a future system that they are already working on, the Amberge system, and I’m trying to figure out what that is.
I just started that process, learning about the Amberge system. More on that later, just in case there’s something hidden there on the changes that we can expect. Trying to keep up with a few of these because I did not see a chat for a few hundred chats.
All right, let’s get into some other news while we can. Depression cycle is here. Charles Niener warns it will be much worse in 2026.
All right, guys, this is part of what has me concerned because I like history cycles. I pay attention to what the charts and the trends tell us. It’s telling me exactly this.
Without a reset, this is the world we’re facing. Without a move in our monetary system, this is the world we’re facing. A depression, a recession, a rough one.
Because I look at the cycles, I look at where we’re at, and it does. It is so similar to 1928, 1929 or so. This year feels like 2028.
If you study history, commodities, etc., the markets, the skew that’s going on in the market. And I think he does a really solid job just saying we’re in this. And a depression cycle is usually in a war cycle, and we’re hitting both at the same time, a war cycle and a depression cycle.
Without a reset, it is scary. It shows the necessity, the need to move this thing forward as quickly as possible. Do I think we have the right person at the right time in history to make it happen? I do.
But this is also, if we fail in this process or Trump fails in this process, I think this is a potential. That we see global conflict and severe extreme depression. That’s what has me very encouraged by what we’re hearing out of bond folks, what we’re seeing from the banks.
We’ve got Wells Fargo, some of the biggest banks in the world right now, especially in the country operating in the U.S., now actively working on processes for exchanging foreign currencies like ours, specifically ours. Why would this be necessary if those rates aren’t going to change? Why would they suddenly be training their people on how to take Vietnamese dong, to take Indonesian rupiah, to take Iraqi? Why would they be training many employees all over the nation in that process if they didn’t expect people to be exchanging them? It wouldn’t make sense. That would be like going to the guy that works for me down on my extermination shop and teaching them how to wire electrical outlets.
It makes no sense. Unless he’s going to need the skill, why? Why would I go to that effort? Why would I do it in such large numbers? Why would I develop protocols, training, software to do all those things if there was no need to do those things? Guys, we are preparing, which gives me great hope that they are planning on staving this off by resetting the system. They certainly are talking about it nonstop.
Rickards, if you were not with me last night. Redacted is planning on having Rickards on to talk about that 150T or 157T or whatever that number is in a sovereign fund from the U.S. that he says he has found, he has seen, and it could unleash prosperity in the U.S. like nothing we’ve ever seen before. Isn’t that just interesting timing? Interesting timing.
Karen, I couldn’t agree with you more. This is something we need to do anyways. It’s good for the soul.
It’s good for the planet. It’s better for our diet and our nutrition. Said plant a veggie garden, save your seeds.
That’s something we never should have stopped. How many of you folks’ family had a garden growing up? We always had a garden. Even my father had a garden.
He was a traveling salesman. He still had a garden before my grandparents moved down with us. Maybe it’s because of how I grew up.
I just think you’re supposed to have a garden. You’re supposed to have something growing, whether it’s just a few fresh tomatoes, a couple of pepper plants, something. Yep, we had a garden.
We still do. Yep, Jan, huge garden. Yeah, I think we are close.
Pope’s off the board. We’re close. God’s never late.
One of the Q drops, when all hope is lost, that’s when it’ll happen. They’re making it look that way. I’m just reading a few of your comments.
I’m going to dive back in. Don’t worry. A lot of folks asking on the tax question.
Again, no matter how many times I talk about it, guys, I’ve been told over and over, we won’t be. But until we cross the finish line, we truly do not know with 100% certainty. So you’re best to plan accordingly, one way or the other.
A lot of folks are rushing out, spending thousands. Some of them, $15,000, trying to get trusts put together to avoid it, possibly. Instead, I took that money and bought extra currency, figuring it was way cheaper.
And if we don’t have a tax, it’s more good I can do with the world. And if we do have a tax, that’s going to pay it. Ooh, green tea.
I have three community garden plots this year. Good for you. Love it.
Bond redemption. A lot of people continue to ask the question. It’s Wednesday.
I got some folks with some fund meetings coming today. We’ll see if they do indeed get their funding. I have seen great movement, and I continue to get daily updates with progress throughout the week and last week.
Question is, have we hit the crucial mark where we need to hit before they release currencies? That’s the question. I was always told that within days of crossing that threshold, we would get our announcements. And I think we are approaching that threshold now.
I’ll share everything I can on that front. You won’t have to ask me. Charlene, 70th February.
Had an apple tree. I was seven. My dad gave me a construction helmet and orders to climb it and shake it.
We were social services back in the early days. Heck, we played with lawn darts. It’s a great idea.
Hand a kid a dart with a 10-inch spike on it and let him throw it up in the air. Little Barb, I have no idea if they’re working this weekend at all. Don’t know what to tell you.
Yet. It’s only Wednesday. It’s too early to know.
Oh, probably too early to know. Meemawls, happy belated on your 68th. Whip, my only ad today, guys, is Freedom Forge Coffee.
I figured I would do a shameless plug for a company that I’m involved with, with my son and Jeremy. One we enjoy. I thoroughly enjoy a good cup of coffee.
And if you guys are going to treat yourselves, pricing is better on ours than it is for Black Rifle, some of these other companies. And one of the biggest differences, you know, on this one, that the money is going to people that love our country and our Constitution. Unlike some other coffee companies out there that sell to conservatives, troll the community, and then donate to liberals and globalists.
That is not us. It has been fun. It makes a little money, not much.
But I have thoroughly enjoyed it. This is one business that I have just enjoyed being a part of and helping to grow. So if you can, you get the opportunity.
You want an excellent cup of coffee roasted in the United States. We’re looking forward to a lot of 100% sourced in, grown in, roasted in, packaged in, you name it. American Coffee as this company grows.
A lot of great stuff. And just awesome tasting coffee. Awesome tasting coffee.
Mr. C checked in this morning. He has not been paid. Tammy! I think it’s important to celebrate those things.
I think it’s very important. And everything we’re doing, we can’t forget to live. Trying to read a few of these.
I missed something. I saw one about some breaking story. And here it is.
Let’s see. Breaking the Abu Dhabi Securities Exchange. Signing an agreement with the Iraqi Stock Exchange to join the Tabata platform.
What else have we seen that I did not bring to you today? Okay. Some pieces with security and borders. They have secured their commodities, their borders, their tariffs.
The system is 93% complete. Catching 93% of transactions going between ports, border crossings, etc. That was another thing to talk about.
As they have come up to international standards. Jerry. See, Jerry likes it.
Jerry’s a good author. If you ever want to read a good book, call Jerry. I have enjoyed his.
We’ve got a few authors. I’ve just got to figure out how to have enough time to start having them join us. Dink.
Please pray for my wife’s Aunt Pam who passed yesterday afternoon. Thank you. Dink asking for prayers for his wife’s Aunt Pam.
Jimbo. My dad broke me from gardening. We had 18 rows, 100 yards long, of okra one year.
And we did nine rows every other day. And we had okra running out of our ears. I think okra would do it to me too.
KG78. Something about MasterCard being suspended except for Iraq. Does that ring a bell? What they’re referring to, KG, is MasterCard.
Because of the bank handling the MasterCard transactions in Iraq may be sanctioned. Your MasterCard, if you are a MasterCard holder in Iraq, you may not be able to use your MasterCard out of Iraq. You’d still be able to use it domestically.
But if you were traveling abroad and you had a MasterCard tied to your account in Iraq, you wouldn’t be able to use your MasterCard. But if you were still inside the borders of Iraq, you could still use your MasterCard. It’s a story, but it’s not that much of a story.
A lot of people are going to read that one and totally miss it. I started to cover that just in case I got a question. And I was like, you know, I doubt anybody’s even going to ask.
And then you asked. I should have covered it. Jayfer.
Third book just published. I also have a coffee company. Community Company.
Oh, Jayfer, you got to love that one. Eat plug, plug in, plug in, Jayfer. If I told you where some of the biggest coffee companies’ coffee comes from, you probably wouldn’t be too impressed.
Boy, I’m enjoying that. Dubai already has ATMs that disperse gold. Yep, actual gold.
Yes, they do. You can go buy little gold pieces. China.
A lot of countries around the world do that. Gold and silver vending machines. Silver should make a breakout.
That is one thing that I should point out. Let’s back up a touch before it’s time for… Oh, man, it’s almost time for Andy. I got to hurry it up.
That’s one of the things that Charles was talking about. Niener here, the economist. He was talking about the rise in metals.
He still considers gold a great play. He says silver should break out in the coming month or two to catch up to the historic climb of gold. Let’s see if I can find that one.
Silver is behind, but starting in May, we expect silver to start catching up finally. This is Niener’s take. He still likes gold long-term and has been predicting its rise.
On silver, Niener says silver is behind, but starting in May, we expect silver to start catching up finally. That may give you some good, safe potential returns. I am not a financial advisor.
This is for entertainment education only. Call Andy. We’ll ask him that same question.
One I really want to touch on very quickly. Mug and tuck. World Economic Forum investigates Klaus Schwab over in-room massages and other allegations.
They even had the forum, the financing, the group behind the WEF buy a luxury mansion beside their headquarters for $30 million, spent $20 million renovating it, turned into the private pad for he and his bride. It seems his bride was taking advantage of a lot, and so was he, with a lot of luxury things on the company dollars. So not only did he step down and resign, but it appears he’s doing so in shame.
Couldn’t happen to a more deserving fella in my book. There’s Jeremy. Everybody, send him all kinds of questions.
We were just talking about Freedom Forged. All right, let me sing happy birthday, because we should have Andy in the house at any moment, and then I’ll just answer questions until then. Freddie, Dale, Melissa, Rodica, Sandra, Terry, Charlene, anybody else getting a farm’s birthday, Hell Steps, asking coffee questions.
Coffee, it’s very difficult to get a certification for organic coffee, and it’s kind of meaningless. We prefer to go to the farm, look at how they do things, check it all out. We can give you great details.
Very, very healthy, non-GMO coffee. And yes, we sell whole bean as well. Making the organic claim is near impossible, and it’s not that cool.
Once you understand, I know. We’re going to have some of the growers on the podcast at some point for you guys to talk to. Then you can ask them, and they can explain all of that.
Niece’s Sarah’s birthday. Terry is celebrating 55, not to be left out. So they tell me it’s your birthday.
Well, happy birthday, darling. May you live, may you love. May all your dreams come true.
Happy birthday, happy birthday, happy birthday to you. We’ve got a few people celebrating. We even have Forever Pharaoh jumping in there.
And Brad’s celebrating their 41st anniversary. Congratulations. April, yeah, Wanda Wanda.
April’s still very much in play. None of us know the exact timing, but if bonds continue to develop the way they appear to be right now, it’s very much in play. Donna Stanley’s celebrating.
I’m looking at some of these. Let’s see. Happy birthday, twins Laura and Beth.
Greg, I mean, it’s coffee farming. Ho and I grew all organic. That was 86 to 89.
No, really. And most coffee farms are or close enough that you could claim it. They’re on land that hasn’t been fertilized or, I mean, because usually it’s growing mountainside and et cetera.
It doesn’t fit for like, you know, the tractors and plows and agriculture like that. We definitely need to do a podcast on coffee sometime just for fun. Like a post podcast.
So you guys that just aren’t interested, you don’t have to watch. Tater. Tater Tot’s one years old.
Debra, I love that. A.K.A. Tater Tot. I would totally call him Tater Tot.
Totally call him Tater Tot. Booger. I just I do my best to send in a troll on regular occasion just to keep you all busy.
It’s getting difficult, though. I mean, there’s a lot of unemployed trolls out there, but most of them have, you know, in depression, gone into the basement and turned off their computers. Reading a few.
Do I need to paint my whip? Trolling is fun. Trolling is fun on occasion. I have seen Klaus Schwab’s replacement.
He’s scary. He may be scarier than Klaus Schwab. Free seeds.
Kukla, thank you for doing that. WKW. Yeah, I don’t know.
Jonathan, I spoke last night on the Red Light podcast. We are going to speak immediately after and try to set a time. Unfortunately, he ended up with a time constraint.
Originally, it was going to be next week. Now we need to figure out how to do it quickly and squeeze it in. So it’s going to have to be either some point this afternoon, possibly this evening and abbreviated.
He could come on early for the news update before Whiskey and Wisdom, or he’d have to join tomorrow afternoon because we already have Stacy Z on Thursday. So I’m having a massive time crunch because of his change in schedule, and I’m trying to figure it out and still meet all my obligations of the day job. Out of here, you little shit.
Yeah, that was perfect timing. I mean, seriously, every damn time. I mean, I swear to you, it’s the craziest thing.
The minute I go online, my littlest dog screams. She doesn’t just bark. She screams every single day.
It’s crazy. Because she wants your attention. No, she sees anything move outside like a leaf, and the alarm bells start ringing.
What’s going on, brother? You know, it’s a tough job she has protecting the Sheckman family from all the baddies down there in Florida. It is. It is a tough job.
She does. She and her two sisters do a good job of it. Did you ever think you were going to be the guy with little puffy dogs? Well, you know, it’s not the way I drew it up when I’m laying in bed with my wife and three girls.
It’s not the way I drew it up in my head. But, you know, they are cuddly. That’s for sure.
I saw you on with John Dowling the other day. Oh, yeah, you were on with John. John and I recorded one day before yesterday.
Yeah, no, I saw that. I saw you doing that. I thought it was cool.
A lot of fun. I enjoy my time with John. I’m glad to hear that.
You both think a lot alike. So what’s going on with you today, man? Well, you know, I’ve been having a little fun watching the markets, watching the trends, looking at how the potential it is to be scary or the potential to make, you know, historic changes to a system and how it’s one of the two is going to happen. We’re going to either reset or crash.
Well, I guess either way we reset. But I was reading an interesting piece over at USA Watchdog. They got it on at Zero Hedge reprinted depression cycles here.
Charles Nainer warns it’ll be much worse in 2026. Short of something, you know, huge happening. All the bells are ringing, World War and depression.
But I did find a kick. Nainer still likes gold long-term, is predicting its rise on silver. Nainer says silver is behind.
But starting in May, we expect silver to start catching up finally. What do you think? Well, in a depression, you know, he or she who loses least wins. Everyone loses in a depression.
All asset prices drop. But those without counterparty risk probably do better, especially in an environment where we’re so indebted. Maintaining or servicing the debt becomes next to impossible.
That’s why gold actually performs better in a massive deflationary depression than in a massive inflationary environment. Because all things rise in inflation, but all things fall in a depression in a very indebted atmosphere. It becomes exponentially bad on the downside because people can’t service.
And then you have the systemic nature of that massive credit contraction wreaking havoc. So, yeah, I think, you know, most people look at gold as an inflation hedge. And it is.
But it actually has been proven. There was a report written by a man named Roy Jastrom, who was, I believe he was the head of the economics department, I want to say, at Georgia University. And he wrote a report and basically showed that gold performs best in a depression.
I did an interview with Martin Armstrong the other day. And his Socrates computer is eerily accurate. And he he said we are heading into stagflation, perhaps hyper stagflation, which is rising prices, rising inflation and slowing economic little or no slowing economic growth.
That’s the worst of both worlds. He also you talk about World War Three. He also talked about his biggest concern is a false flag emanating out of Europe, trying to make it look as though Putin attacked a NATO country.
Therefore, being able to to go to war against Russia. I mean, these guys are out of their fucking mind, period. And I said to him, I said, you know, Martin, I said the last four years, all I’ve been saying is it’s too stupid to be stupid.
Do you think that they were trying to drag us into war by parading Nancy Pelosi to Taiwan, threatening the one China policy or funding the Ukrainian war or the last three weeks before, you know, Biden left, allowing long range missiles that we provided into Russia? And he said, absolutely, 100 percent. That’s his biggest concern. It’s a scary time.
No question about it. It’s I hate I hate looking at the world that way, but it is. So, you know, to his point, these are these are real threats.
Let’s hope it doesn’t come to that for sure. You know, we haven’t talked about the BRICS for a while. A couple of interesting things happened recently with the BRICS that I thought I’d mention.
People’s Bank of China, Mark, just rolled out their new digital renminbi, their cross-border settlement system. This is the Enbridge, right? The Enbridge, which now has a different name. They just call it the bridge.
But it now is connecting 10 of the ASEAN countries, which are the countries in Southeast Asia, and six Middle Eastern countries. It’s 40 percent of global GDP right now, and it enables settlement outside SWIFT, which is predominantly U.S. dollars, will now be settled directly in digital renminbi. But the interesting thing about it is that the SWIFT system takes three to five days and several intermediary banks.
This takes seven seconds with a 98 percent reduction in handling fees. But the interesting thing about it, the article says, well, the advancement is part of China’s broader strategy to internet and internationalize renminbi with initiatives like the Belt and Road, which we’ve talked about for a long time. But there was another article that followed it up that I think is really the key to everything.
And this is talking about Sergey Lavrov. He’s one of the Russian finance ministers. And he’s talking about the Brazil summit, which is coming up.
Actually, it’s in July, I want to say. I want to read something just verbatim, because I think it hits home. And this is where things begin to get interesting.
Think the Belt Road on this. Think the Eurasian Economic Union. These are two groups that, including the ASEAN countries, these are three groups that are not all in BRICS.
Most of them aren’t, but yet they’re aligned with them in every single way. Right. So think about this expansion.
He says, as the 2025 summit chair has proposed a new BRICS payment platform, that is the bridge that I just mentioned, for both member and non-member countries, non-member countries. This system would be independent of SWIFT, the U.S. dollar, the euro, and the British pound. Russian Foreign Minister Sergei Lavrov emphasized that it will be open to non-member nations, potentially accelerating de-dollarization on a global scale.
Russia’s financial messaging system is cited as a model, secure, independent, and already functional. There is an opportunity to form payment platforms independent of external influence. Countries outside of BRICS will have access when they’re created, Sergei Lavrov.
What is the name, Mark, of ISO 2022? Is that what the number is? Yeah, that’s exactly what the number is. Okay, so all of these independent systems that have been created are all ISO 2022 compliant, and they all connect seamlessly with their bridge technology. So in essence, what happens is that every one of these countries, including now non-member countries, this is what no one was prepared for who analyzes the BRICS or who poos the BRICS.
Yeah, well, it’s just these countries, blah, blah, blah, blah, blah. You now have the majority of human civilization, 75% of it just on the Belt Road, right? And then the Eurasian Economic Union countries, which are all the ones that end in stan, basically, Kazakhstan and all those. And then others like these Southeast Asian countries, you’re talking the majority of human population and global GDP.
They are not to mention three of the four largest nuclear arsenals on the planet. The majority of the commodities, the majority of the rare earths, the majority of the refining of the rare earths. I mean, all this stuff.
And as we mentioned, Indonesia just became a full member. They have the largest in-ground supply of nickel. Vietnam just became the 45th country to formally apply to BRICS.
45 countries have applied. You put all this together. That’s some scary shit.
It really is, because now you have the ability for all of these countries to develop this ISO 2022 digital platform for their central bank trading. They’ll trade back and forth with one another on that. And when they do that, they will settle.
So independent of the unit settlement token, which the head of the BRICS New Development Bank, the former president of Brazil, Delmaroussa, said we’ve agreed in principle to it. That’s coming. That is coming.
But until it’s fully operational, which in essence it is, but until they roll it out, all of these countries will settle trade imbalances in gold, which is the only other tier one asset, which all these countries are buying. So now you are opening up a cross-border payment system free of SWIFT, which is seamless in seven seconds, without having to convert to dollars, go through intermediary banks, can be picked out of the system if, well, if Trump is mad at you or whatnot. Now they’ve really, I think, stumbled onto something big, potentially very, very, very big.
At the same time, you got all this gold acceleration that is going on with China. China supposedly only bought five tons of gold for its fifth straight month, but Goldman Sachs just came out and said it’s at least 10 times higher, 50 tons in February, 50 tons in March. Things are getting interesting as far as I’m concerned.
So when you add a new independent payment system with the accelerated gold accumulation and this global shift away from dollars is accelerating. What is this Amberg system that they’re supposed to be trying to go to? I am unfamiliar. Amberg system? Amberg, I think.
I have not heard. Let me look and see. They were talking about the potential of it being a replacement instead of going to the common bricks currency.
I’ll try to get you whatever I can find on it so that you can dive in as well. Yeah, I’d like to see it. I haven’t seen it.
I have not seen it. Finance versus, say, the Amberg system reduces a lot of costs and time in exchange for moving money back and forth. The Amberg system is adopted by China, Saudi Arabia, United Arab Emirates, successful operation.
Wait, is this the one? Maybe it’s got a similar name. But yeah, it’s in here. Let’s see.
The Amberg project was established. We may have to call it the Amberg project. It was established by the Bank of International Settlements, China and the UAE.
It sounds like the BIS is not working for America’s favor anymore. Not that I think it ever did. The BIS, I mean, I think the BIS is a Western institution.
I think it’s certainly not working in the BRICS favor. And we saw that by Augustus Karsten’s pulling out of Amberg at the 12th hour. So it’s interesting.
He said all of that stuff when he was in the United States. And then he got back to Switzerland and kind of changed his tune a little bit and said, well, it’s advanced enough. Well, they don’t need us anymore.
But before that, when he was in the U.S. and at the IMF meeting, he’s like, yeah, we can’t be involved in anything that we’re countries. We can’t allow this Amberg technology to help countries like Russia avoid sanctions. Well, how stupid can you be? Four years they developed the technology and Russia was right in the heart of it.
You know, it’s interesting. I’m sure you’ve talked about it. If I know you, you probably talked about it before it got on here this morning.
But, you know, the U.S. has become a massive net importer of gold, right? And if you look at the import numbers before January of this year, they’re just poultry. But we imported as much gold in January as we probably did in the whole year before. This will be the most gold the United States has imported since World War II, just after when we became the World Reserve currency.
And it’s continued nonstop, hundreds and hundreds and hundreds of metric tons. And then, you know, we’ve talked about gold is the only other tier one asset. We’ve talked about everyone saying gold needs to be revalued.
The head of the Dutch National Bank, members of the Bundesbank, Senator Loomis from Wyoming. We talk about Judy Shelton, who’s told me flat out, Andy, that Trump will issue gold-backed treasuries July 4th, 2026, the 250th anniversary. She’s told him that or he’s told her that.
I think she’ll run the Federal Reserve this time when Powell’s tenure is up. And when you talk about something’s not right about that, that one right there, I’ll have to hold that up there, OK? And when you put it all together, massive importing of gold, tier one asset, 50-year treasuries. Scott Besant came out recently and said that he believes within the next four years he will see a new monetary order, a new Bretton Woods.
He came out and flat out and said that. He’s also a self-proclaimed gold bug. This is the Treasury Secretary of the United States.
You put all this together, and Trump came out with a tweet two days ago on Easter Sunday, rather. I don’t know. Did you see that? You asked the gold? Yeah.
The golden rule of negotiating excess, he who has the gold makes the rules. Thank you. What does that really mean? Nothing else.
Nothing else. And so if you were to talk about how this would all play out, ultimately, you go back to – now, I was watching an interesting interview with Mike Maloney. And he was talking about how when the United States dollar was redeemable and backed by gold, it was only M1 that they used.
In other words, M1 is the currency in circulation. So M2 is the broader measure of the money supply, which is 92% bank credit and 8% Federal Reserve notes. So it’s credit.
In other words, it’s not currency. It’s credit. In other words, all your money in your bank account, that’s credit that they agree to pay you Federal Reserve notes, but it hasn’t been converted into it at that point.
Anyways, if you look at M1, it’s $2,365,000,000,000. That’s what M1 is. And if you took the 261 million ounces of gold and divided it into that, you get $9,044.
That’s what he said gold would be. Now, he said the U.S. would want a little wiggle room. His guess is that he said this year, if he were to take a big-time guess on what it could go to, he says $10,000.
Now, I know that seems insane, especially today with gold down $84. But is it really insane? Are we moving to a new monetary system, like Trump said, where gold would be backed? Now, Judy Shelton has a different way of doing it. She backs the Treasuries.
But you put it all together, gold is Tier 1. And if they do revalue gold, it benefits who? All of the central banks who are buying this Tier 1 asset and shedding Treasuries. It would ensure confidence in the system. So, I don’t know.
Things are happening with gold, Mark, that I’ve never seen before. And I just happen to think that we’re going to see gold outperform people’s expectations. As far as silver, 100-plus-to-1 ratio, and I think it just topped at 106-to-1.
And I don’t think you’ll see it go higher, looking at technical analysis. But at 106-to-1, it’s only in the past 150 years touched 100-to-1 three times, this being the third. And every single time it’s got anywhere near there.
In 1944 or so, it was just under 100. But every single time, it’s got anywhere near that. The ratio’s collapsed, which means silver goes on a protracted run.
And historically, silver lags behind gold. We know that, right? But to me, the gold-to-silver ratio is your timing signal. And with the historic average being 16-to-1 for 5,000 years, now for the last 100-plus years, the average man’s ratio has been 42-to-1.
That 16-to-1 for 5,000 years coincides with geologic ratios. But now that geologic ratio is 7-to-1 because the low-hanging fruit was picked a long time ago. At 100-to-1, to me, this is one of those opportunities you don’t see very often in life.
Yeah, once in a lifetime. Once in two lifetimes. Yeah.
No, it’s true. And so let me see if I can send you something. I’m going to send you a quick email.
You can post this just to give you a reference of what I’m talking about. Let me put this right here. You can show this.
Take a look at this. Why don’t you show everyone this, and you’ll see in a visual sense what I’m talking about. Medina Creative, email me so I can forward that to the right people.
Get you an answer on that one. I’m sorry? No, I was talking to someone in the background there. You are allowed to ignore me on that one.
And I will follow up. The other person who said her check cleared on April 9th. That’s who I was referring to.
I was going to have her email me so I could forward it to you. If you pay by check, it will clear a day after we receive it. But we’re not allowed to ship anything until 10 days after, which is seven business days, because checks can be stopped.
If you paid by wire, it would ship right away. Something doesn’t seem right on that. I don’t know what she ordered, but if she would like to.
Yeah, well, I don’t know. I mean, we look at Easter weekend. I’d say there’s a good chance it is probably already shipped.
But if you’re not allowed to ship 10 days, the soonest you could have shipped would have been the 19th or 20th, and it’s only the 23rd, and we just came off Easter. So I don’t think that’s too unusual yet. Yeah, and the Easter weekend plus Monday was a holiday too, which I didn’t know, but it is.
Yeah, it is. We’re in day two of the work week since you were finally allowed to. So my guess is, but we follow up.
That way nobody has to worry. All right, here’s your gold, silver, and eight. So that goes back to, I don’t know, 1900 or so.
But look at that. And that 100, it didn’t quite touch it the first time. The second time it did.
The third time was March 2020, and here we are right now. So it’s the fourth time in about 100 years. Look what happens every time.
March 2020, it kind of head faked. And you could argue that that’s a head and shoulders right there and is about ready to collapse down. So in general, we would expect that ratio to fall much lower.
Now, if you put a piece of paper at 42 to 1 and only look at the bottom, you’ll see the majority of the time leading up to. But for the last few years, it’s been in the low 40s as an average. So as far as I’m concerned, you could argue that trading gold to silver is the right thing to do right now.
Anytime you’re above 80, it signals that you should be in silver. And anytime, conversely, that you’re in the 40 range, you could argue it should be the other way around. But I don’t know, just food for thought.
I think silver is poised for a massive snap. I do too. And if gold goes to 10,000 an ounce, what’s silver if you look at historic ratios? Well, if you take that 42 range and that 42 would put it at 238.
And that would be at the low end. Yeah, you take 10,000 and divide it by 7, that’s 1,428. That’s what it’s coming out of the ground at.
Yeah, if you look at some of the historic levels right now, silver should be almost 1,000 bucks an ounce. And gold should be about 8,000, 8,000, 9,000. You were just talking about the dollar versus gold.
By the way, Kevin just texted me, silver is up $1.20 today. I didn’t even notice that. That’s a big move in silver.
And maybe that is every damn time. I mean, every time. Get out of here.
So I don’t know. Maybe this is the beginning of the move for silver. I don’t know.
But it’s certainly long overdue as far as I’m concerned. Knock it off, Byron. One of these days, it’s going to outperform.
Silver is definitely overdue to outperform. You know, we talk about, I don’t think Trump is, I think he’s trying to do something differently than it appears on the surface with these tariffs. They’ve come out and acknowledged the fact that being, I mean, the White House wrote something on an article on their website, I believe, that said, We basically understand that being the world reserve currency, we will always have trade deficits.
It’s impossible not to. This is known as Triffin’s Dilemma. Triffin’s Dilemma basically says that if you’re the world reserve currency, the world needs dollars.
And they need more dollars than we can possibly use by selling stuff, right? And so there will always be more dollars in circulation than would be just by us selling stuff or exporting stuff. So there will always be a trade imbalance. They more or less understood that.
They said they do. And so when you realize that it’s this fact that this world reserve status has enabled us to have cheap goods, low interest rates, high asset prices, because we’ve expected them to use dollars and reinvest in treasuries. It’s like they’re trying to move away from that.
They realize these trade imbalances will never change being the world reserve currency. So now you bring in all the gold. You have Scott Besant, who’s a gold bug, saying, yeah, we need a new Bretton Woods, and it’ll happen over the next four years.
He was just quoted as saying that. Judy Shelton talking about backing the treasuries by gold. All of this stuff, it just seems we’re on the verge of a new system.
This is the reset you’ve been talking about for a long time. What does it look like? I have no idea. But it’s coming.
And you can feel it. And you follow the dots. You can see it.
Reach out to his person, to his company. So the first thing you need to do is to open up an account with New Direction, ndtco.com. Once you open up an IRA there by rolling over your existing, then you can just reach out to me or to anyone here, and we will take care of you. But the first step is to move it to one of the custodians out there that allow for it.
New Direction, to me, is the best. If you want your hand held, just send an email, info, at milesfranklin.com. Tell them what you’re thinking about doing, and let somebody get back to you. I mean, 2,000 ounces of silver would be more than 99% of the world holds.
99 and a half. So how much is too much? That’s a debatable question. It depends on their own finances.
Right, it really is. And I always say I don’t tell people to buy silver to get wealthy. It is wealth.
That’s kind of my little trite statement. But truth of it is, it is a generational opportunity. I mean, it truly is.
Asymmetrical, we call it. Low downside, high upside. I don’t think you find many asset classes that offer that kind of setup.
Good, New Direction is who you use. That’s good. Good, good, good.
John is your guy. Awesome. Thank you for saying that.
I just saw another one there. Where did it go? What does blackpilled even mean, Mark? You have no idea. I mean, I know redpilled.
Redpilled, waking you up. Blackpilled, maybe taking the uncomfortable medicine. I’ve never been blackpilled.
Look, I come from a different thought process, a different paradigm. But I think what differentiates me from most people in my position is I’m very open-minded. And whether it be to cryptocurrencies, you know, I’m friends with Natalie Burnell and Mark Moss.
And these are Bitcoin people. I’m speaking at the XRP conference. I’m not a crypto guy.
But I think our community should be united. I didn’t learn about the RV until I met you. And I don’t exactly know what to think of it.
But I remember sitting at dinner with you and your son at the Hard Rock Casino. And you told me about what happened in Kuwait. Blew my mind.
When I started hearing about the Dinar years ago, long before I knew you, I thought it was nothing but a scam. When I first heard it, I dismissed it. And more and more and more people talk about it.
I don’t know what to make of it, but I’m open-minded enough. I’m on your show. I’m on John Dowling’s show.
I’m on others who talk about it. And I acknowledge it. And I hope it happens.
I do. I mean, it would be great for everybody. I think it’s easy to dismiss things until you open your mind and listen.
There are very few shows I do as often as yours. And I love you like a brother. And I respect what you’re doing.
And I hope you’re right. I do believe that there will be a new monetary order. That I do believe.
And what does that look like? I’m not positive. But I do agree with you. There will be a reset of some fashion.
It has to be. What do you think it looks like, Mark? History always teaches us those who hold assets is who wins when there’s a reset. And that’s all I’m pushing.
Hold assets. Well, assets are what the wealthy people own. I mean, I’m being straight-up honest with you.
This is as honest as I can be. When you told me that, I looked at things very differently. You kind of opened my eyes to that.
But what do you think a reset looks like? Do you think, independent of what it does here in the United States, what do you see? If you had to make one statement of what a reset looks like, what do you think it is? Usually, it’s where everybody loses faith in fiat. It collapses. And then they embrace commodities.
Historically, over thousands of years, when it’s happened before, from Rome to China to England to the Dutch to the Spanish, it’s what happens every time. It goes to hard metals. Hard metals soon go into letters of credit, etc.
And then once they figure out they can create money out of nothing, they do it until people lose faith. And then it all goes back to commodities. And in the past, any country that was wealthy in commodities came out ahead until the wealthy could figure out how to steal it again and wash, rinse, repeat.
That’s why I like the countries we like because they’re way undervalued. No, and I agree, and I understand that. And I respect that.
But the pure play is just hold gold and silver. That’s the pure play. Well, but I respect that point.
It’s just not leveraged. No, I respect it, and it makes sense. And that’s what I mean about being open-minded instead of saying that’s bullshit.
I want to try and answer Becky’s question here in a cryptic way. One of the things that I really do not like about equity, really do not like, and I want you to think about all the things that I have said regarding IRAs in the past several weeks. And I’ve been on several shows, Sarah Westall.
I’ve been on Kyle Serafan, the FBI whistleblower. I went on Mike Adams, the health ranger. Mike was offered $100,000 a month by some companies to promote them.
A month. He said this publicly. I’m still kind of left out.
Try to say it because he said it publicly. I know he’s bigger than me. I only got for $20K.
Yeah, well, here’s the thing I don’t like about equity. And I use them if I have to. I don’t like the fact that they have on their website preferred metals vendors.
I’d like people to read between the lines there, if possible. And first of all, they’re not supposed to have any preferential vendors. As far as I’m concerned, they should be impartial, as New Direction is.
I send New Direction tens and tens and tens and tens of millions of dollars. They’ve never done a damn thing for me. But treat me and my clients with respect.
And that’s all I ask for. But I’m not on their website as a preferred vendor. There is a video.
I sent you that video, Mark, right? Yeah. And that’s the video that everyone should watch. Who may have gotten tangled up with companies that are not legit.
This is a whistleblower for one of those companies. He was their CFO. And you listen to this shit, and you won’t believe it.
And he mentions another company in there, too. He mentions it. They’re one of the companies that I would love to debate their president, along with this company.
The name of it. Are we better just sharing the video? Yeah, go ahead. Yeah, give me a minute.
I’m getting it moved over to… Kevin just sent me a picture of myself. Evan Alley, that’s his way of saying he’s watching. Yeah, it’s a little creepy, isn’t it? There he is right there.
Hey, that’s me, Kevin. That’s him. You think this is funny.
I could show you a picture of Kevin. You know, he joined us while you were off in Europe. That’s what he told me, but he’s afraid to do it again.
You know, he’s scared, I think. We had a good time with him. Maybe he’ll join again tonight.
Ooh. Kevin. Yeah, one of the comments there, Andy Strub.
Yeah, I mean, watch the video that Mark’s going to show you. Mark, can you show that video? Yeah, yeah. I won’t be able to play it live without getting a copyright violation.
No, but just can you show it so people can take it out and watch it themselves? Absolutely. I’ve got it pulled up. I’m going to share the link and all the formats.
If you guys are considering, this is one of the best videos I’ve seen. Andy knows the CEO of Holland Gold. I’m not sure who Holland Gold is.
You all need to watch this video. It’s a shocking video, but it’s everything I’ve said on your show and others without mentioning names. Now, he will tell you he was the CFO of one of these companies and mentions another one.
One of the most interesting things that I heard in that video, I may have said on your show before, Mark, about my friend named Eric who used to work at Stratton Oakmont. Did I ever mention that on your show? No, I don’t think you’ve mentioned that one. My buddy Eric, who’s a very good dear friend of mine, worked at Stratton Oakmont.
For those of you who don’t know what that is, that is the wolf of Wall Street. I said, Eric, he told me some stories that are just unbelievable, and then he finally learned what was going on there early on. I said, Eric, did you get in trouble? He said, no, I left as soon as I found out what was going on.
He said, but many of the guys that I joined with, they left too, but instead of leaving, they opened up their own shops and did the exact same thing that Jordan Belfort was doing. They all went to jail. I drew the same analogy.
I said, there’s got to be something similar going on here because the handful of companies that are doing this, they all sell the same shit, every single one of them. Quarter-ounce gold coins, that range between 900 and 1,200, from mints that we all know, but coins that we don’t know. They’re proprietary because they can send the Royal Canadian Mint money and buy an exclusive coin, like a quarter-ounce smiling owl.
Whatever it is, it can’t be something that the Royal Canadian Mint lists themselves, but if you do that, you have exclusivity to it. Now they try and tell you that it’s special, and they can control the premiums. If it gets sent back to any company that’s legitimate, they’ll say, well, we’ve never sold a smiling owl in our career.
We don’t know what the hell it is. It’s going to sit on our shelf forever. No one’s going to buy it, so we’re going to melt it down and pay you 99% of melt value.
That’s the truth. He goes into this, and he talks about this. He does a great job on this video.
I strongly suggest people check that out. Please watch it. Please.
It’s worth your time. Andy, you better hang on to Kevin and let him get away to the podcasting. Yeah, Kevin, there you go.
They’re all saying you should do podcasting. If you weren’t so afraid, you’d be on here right now with Mark. That’s right.
Why don’t you come on, Kevin? Come say hi. If you want, Kevin, I’ll email you. We’re still trying to get Josh to join.
My son Riley even said he would join if Josh would join. I would love that. That would be fantastic.
We can have a father-son thing. Maybe we can get your dad, your sons, my sons, my dad. We’ll just have a father-dad thing.
Then maybe we’ll do father-daughter night one night for Whiskey and Wisdom. Well, I have some very interesting things happening in the company that I’ll be able to announce soon. It’s probably time for me very shortly to talk to Riley, because there are some very, very intriguing things happening.
If he’s watching, we’ve had a hard time connecting, but I think it’s time that we do, so maybe make that mention to him when you get a chance. These are interesting times, to say the least. I just think a lot of the stuff that I’ve talked about, a lot of it seems to be happening, and a lot of it I think ultimately will happen, whether it’s the continued formation of the BRICS and now expanding it in their payment system into non-BRICS nations will greatly accelerate things.
Part of me feels like Trump is trying to reset the system by pushing these tariffs and pushing this agenda, knowing that being the world reserve currency, we will always have trade imbalances. You could argue what he’s trying to do is noble onshore manufacturing and whatnot, and there’s no reason to buy all of our medication from China. Kevin, I need a friend.
You could also argue he’s suicidal. The last president that talked about this big a change got shot while he was driving through Texas. Well, I think that what are the odds of him making it four years? Let’s pray to God that he does, but change is coming, and when their treasury secretary goes on an interview and says within four years we’ll see a new Bretton Woods, a new monetary order, we’re going that way.
Judy Shelton just last week came out and said, yes, we will soon see a gold standard, and then she talked about it could be as late as 2026 when they do a 50-year gold-backed treasury. Right, right. Since you talked to her, she has come out and said the same thing.
Yeah, no, we’re in the process. The world’s in the process. How many more people need to know you? His double did it, not him.
That’s funny. Abundant Davery, with everything you’ve said, what about investing in mining stocks? I think now is the time to do it without question. They’re all in sustaining cost.
It’s as low as it’s ever been because oil is really low and gold is really high. They’re finally catching a bid. The Swiss have a… Kukla, thank you for the card.
That was very nice of you. I appreciate it. They have a… Sorry.
Yeah, he’s got all these. And I know they get tough. We need like a… How do I phrase this one? This person asked, Andy, have a metals higher rate with Strata Trust at Wellington, Delaware, not segregated.
Would you recommend moving new directions? We should have some of your knowledgeable brokers, maybe even somebody from New Directions on, and just do a Q&A. Not on a regular podcast, a separate freestanding, because a lot of people are very specific, and I think it’d be great if some of your brokers were willing to have some of the conversations too. I don’t know what you think on that one.
It just seemed like a good idea. I think that’s a great idea. You could ask Strata if they use other depositories.
The guy that last I heard, I don’t know if he’s still there, but last I heard one of the guys that I used to talk to at New Direction opened things up at Strata. The reason I don’t like Delaware Depository for IRAs is because they don’t segregate their silver, and that can be a very big problem. I’ve seen it be a very big problem.
So if they were to segregate their IRA silver, then they would be fine. But if they don’t allow that, yes, you could move it to New Direction if they don’t have a depository that segregates. So IDS of Dallas or Delaware segregates, Dakota Depository segregates.
You must have your metals segregated. To me, it’s silly not to. And a vendor, dude, but I have you as a vendor.
Am I okay where I am? Yeah. I mean, Andy, what depository are you in is the question. New Direction is great.
Been with them for five years. That’s great. Everyone thinks the euro is going to take the place of the dollar.
Not only did he say that, but he said they could also take over for protecting Europe with nuclear weapons, take over for the dollar. And that’s what Martin Armstrong said. He thinks that because they’ve instituted mandatory drafts and they’re talking about war, that his biggest concern, and he uses that Socrates computer system, is that there will be a false flag attempt to, a false flag to attempt to drag NATO into war with Russia.
And we’re talking about all of the natural resources that Russia has. And I mean, these people are absolutely psychotic. Truly, they are.
This whole neocon system is just absolutely psychotic. You’re good, brother. Just the only notion is that we have to go to war.
There’s no other option to me. I mean, that’s just insane. What do you mean there’s no other option? Yeah, it’s just crazy.
Anybody out there want to see how many times the U.S. has war-gamed a war with China? We lose. We don’t lose right away, but we lose every single time. Can you only imagine a billion-man army? Of course, they still have a billion people, but hey, let’s just err on the side of caution and don’t poke the dog.
Can you just imagine being invaded by the Chinese army? Stephen Bacon, J.M. Bullion is a legit company. My prices will be much lower than they are, but they are legit. I got nothing bad to say about them.
Abundant Navy, what is the Socrates computer system? It’s AI before there was AI. Martin Armstrong, check him out. He’s a brilliant guy.
That’s just like BlackRock’s Aladdin, AI before there was AI, or AI before there was public AI. Yes, yes. Computer systems.
What else we got? I found J.M. to be a decent company. Yeah, they are no problem at all. They’re a decent company.
I’ve heard good things about J.M., good things about MoneyMetals, larger purchases. You know, 100%, I’m always going to tell you, Andy, if you’re just looking for an IRA, Noble Gold doesn’t seem to do a bad job. This is just my take from what you guys have said.
I always buy my metals from either Andy or, well, I haven’t bought from MoneyMetals. Don’t say it, Martin. Don’t say it.
I’ve only bought from you. MoneyMetals is a good company. I think Stefan’s a great dude.
Look, here are the legit companies. There are lots of them, but MoneyMetals is legit. AppMax is legit.
SD is legit. J.M. is legit. Of course, we’re legit.
These are the ones that most people would know. There are other legit ones out there, but when you call us to buy, you can always compare us with any of those companies and say, hey, they’re offering it at this, and if they are and we’re hired, tell us. We’ll never, you know, we’ll always strive to give you the best price.
Most of the time we’ll be lower, and if not, we’ll attempt to be lower, match it at least, because sometimes a dealer can buy, you know, I had 11,000 ounces of Numismatics a few months ago. Well, I could offer them cheaper than anyone else could, but sometimes you get things in secondary that you can turn around and offer at a great price. That happens, but you’ll find that our prices will be as good as anyone, but all of those companies, J.M., SD, AppMax, MoneyMetals, they’re all legit, and there are a lot of companies out there that are not legit.
If you go to a company and the first thing you see is IRAs, put on your shoes, as Kevin says, and run. These are the companies with high-paid spokespeople that focus on IRAs and stealing from the elderly. Watch that video that Mark put up there.
Yeah, watch that video and then ask questions. I’ve not heard of AP Max’s bullion debit card. Is that their attempt to compete with Glint? It’s similar, except they give you cash back in the form of gold, but it’s really kind of disingenuous in the respect that you’re getting it back, and they’re giving it to you at retail prices, that 4% cash back.
I mean, it’s fine. Their prices are high. So when you get it back, it’s really not 4% because what you’re paying for the coins is 4% towards what they’re selling stuff at.
But look, AppMax is a legit company. They’re one of the biggest in North America. I have no problem with them, but our prices should be much, much, much better than they are, if that matters.
Well, I’ll tell you about Sprott Money, and I have no problem with them. Larissa’s a nice gal. That’s Eric Sprott’s daughter.
They’re not connected to the Sprott family of funds. Eric opened it up for her as kind of a pet project, but you can read between the lines here. For the past 15 years, Sprott Global in Carlsbad, Sprott USA, has run all their business for precious metals through me instead of through Sprott Money.
They’re not a bad company, but I always found it to be a little interesting that that was the case, and Rick Rule’s a very good friend of mine. He’s no longer the CEO. He retired and is running Rule Investment Media.
But I’ve been running and helping Sprott Global clients since they became Sprott. Prior to that, they were Global Resource. So anyways, I don’t have a bad thing to say about Sprott Money.
They’re a fine company, but they are in Canada. So if you’re buying in Canada, check out MFBullion.ca. Now does that say it for Miles Franklin? Well, that’s kind of the inference, but due to something called Nexus, which is something that we can’t get involved with because of our storage programs in Canada, one of my very good friends, maybe one of my best friends in the industry, someone who I have other business dealings with, is one of the two primary Royal Canadian Mint distributors in Canada. And he more or less takes care of all of my people.
And he’s setting the price cheaper than the other Canadian companies on his website. So it’s not my company, but I push people there, let’s just say. And they’re for good reason.
And I trust this person with my life, so you’ll get the best price up there. I think he was specifically referring to the gold IRA companies, some of them. Yeah, I’m not talking about IRAs.
I’m talking about the companies that specifically focus on gold IRAs, with the picture of a high-paid spokesman saying, you should buy from this company. Typically, those are the companies, without mentioning any names, that we have seen very grotesque things. As far as I’m concerned, criminal.
And you watch that video, you’ll understand. Boy, there are a lot of companies out there selling the small or the breakaway ones, etc. To buy fractional silver, you’re paying monstrous premiums.
Oh, this? Yeah. You’d be better off buying pre-’65 silver, dimes and quarters, which are even more fractional than that. 14 dimes equals almost exactly one ounce of pure silver.
So each dime is roughly a 14th of an ounce. And you’ll pay far, far, far, far less. So, yeah, typically you get inordinately high premiums on fractional silver and fractional gold.
But if you’re going to buy fractional gold, just stick with the American Eagle. 10th quarter or half ounce American Eagle, you can never go wrong. Period.
Ever. Or you can always just buy glint. You can buy glint.
I have an interview with Jason later today. Yeah, I mean, glint, it democratizes the whole gold industry. You can buy $5 worth if you want.
Yeah, Roe, that’s right. Junk silver is what it’s called, pre-’65. Yeah, how long do we have you? I mean, you’re running into somebody else? I mean, you know, a different friend you got to go hang out with? Say that again, buddy? I didn’t hear you.
I’m just checking your time schedule because we’re getting close to the hour mark. Yeah, I have an interview with a really sharp guy named Greg Weldon in 30 minutes, so I’ll hang with you for another 10. Here’s a question for you, and I like when people give us their experience with different companies, and that may be a better way than asking Andy his opinion because it really does put him in a bad place when you ask him his opinion.
So I’m kind of more curious for you guys to share your experiences with some of these other companies. Yep, these are, I didn’t say it, but again, I think they’re trying to tell people to buy modern minted numismatics. To me, modern minted numismatics are lipstick on a pig because there’s no reason to certify something that is already MS-69 or MS-70.
Glint does not charge a fee, a monthly fee. We could almost create a company just for helping people recover when they were ripped off from some of those companies. I would tell that person to get in touch with us, and Kevin can help them on what to say.
Guys, Kevin has been a trooper for at least two from our community that really got bent over, and he really helped them recover a lot of what they would have lost or did lose on the deal. So I guess if he helped them recover, that means they didn’t necessarily lose all, but he’s been huge. He’s been a lifesaver to a few people in our community.
I think Mr. Bill is talking about Eric Angeli, and if that’s what you’re talking about, yes, he is still there. He’s who I work with, have for a very long time. Look at what Julia said.
Julia Gayden Trueluck. Again, I didn’t say that. It puts him in a really tough spot, guys, when you ask him these questions, so please, you share what your experiences were.
Yes. Let’s see. I have two grandchildren and a third on the way.
Will Miles Franklin help me with a drop ship for delivery on or close to the particular date? Absolutely. We can do that. That’s easy to do.
Again, when we ship it, you will get tracking, so we can get it. If it’s gold, we can get it overnight. Silver goes ground usually, so we’ll get it pretty dang close.
If you’re going to use ACH instead of a wire transfer, just remember it does take longer, so plan accordingly. Yes. Some of you guys are asking some gold line, Bishop Gold, all these questions.
To me, it puts you in a tough spot to answer a lot of those. Yes. Money Metals is trustworthy.
SD is trustworthy. SD makes it easier to purchase than I do for a reason. I don’t go online like they do, but our prices will be better.
They’re a very legit company. I like the fact that I get to call somebody instead of just doing it online because it’s that important a purchase to me. I know in today’s world, it’s awfully convenient, especially if you’re only getting maybe 10 ounces or something like that.
Even that’s expensive in today’s world. I understand why some people like it. I just like to be able to call and say, hey, this is what I need, and somebody gives me a back and forth.
Well, have you thought about this? It might be better bang for your buck right now. They just give me no pressure options and then let me decide. I think relationships are important.
I know all of Kevin’s clients have his cell phone. All of mine have mine. There’s something to be said for accessibility in a world that is very fluid.
I was golfing with Kevin the other day. I’m like, man, your phone rings more than mine does. He gives everyone his cell phone number.
That’s why you have Kevin. We don’t use UPS anymore for that reason. We use FedEx.
UPS had some big problems as far as I’m concerned with shipping. Thank you, Roy, my baseball brother. Appreciate that.
You’re getting a few accolades there. I appreciate it, man. I will always be straight with your clients, your listeners, and we’ll do the best we can.
It’s something that we’re very good at in the UK. I don’t know any in the UK, to be honest. The only one that I know of in the UK, and I went there with Kevin when we were there.
What the heck is it called? Sharps Pixley. That’s the only one I know. They’re right in the city there in London, right by Piccadilly Circus.
Any good UK companies for golf? Glint is in the UK. Do what? Glint is in the UK. We should get a list of favorite golf companies from around the world where you’re not allowed to sell for folks in our community from other ones.
Maybe they’ll give Andy a referral for suggesting because he’s on the podcast. Yeah, they should. RMJ4011, I would tell you to read the prospectus, pages six through 12, titled Risk Factors.
You’re paying a 40 basis point management fee to BlackRock and JPMorgan to run that for you. You can never take possession of it. If people ask me about confiscation, I’ve always thought that’s why they made GLD and SLV.
You have two funds that are held by, in essence, the cartel, the metals cartel, that could confiscate those two funds, close them down, be sitting on the largest stockpile of silver in the world and one of the largest of gold, again, held by JPMorgan and BlackRock. JPMorgan, who paid a $920 million fine for manipulating the metals market, close it. The United States then takes all that metal.
And JPMorgan just became the primary custodian of GLD. They’ve always been a vessel. I find the timing peculiar with all the stuff going on, being that importer and stuff.
But in two vaults that they own in London and New York, they have more gold than most of the G20 countries. But yeah, you can never take possession of it. You’re paying a management fee.
You pay the 28% collectible tax rate when you sell it. I think GLD and SLV are complete and total horseshit, and I would sell it as fast as you could and buy the real thing. And that’s the truth, whether it be from me or anyone else.
I agree. I like that idea. We can have like a Miles Franklin team day.
Meet the team. We could do that. I’d be happy to do that.
And Duran has a remarkable past. He graduated from Wharton School of Business. He has a master’s degree in business administration from Temple.
His father-in-law started a business. He was in charge of running it and then selling it, private equity. He’s well, well, well overqualified for doing what he’s doing.
In fact, originally, I hired him, brought him in. His brother-in-law is one of my best friends. We won this together in a golf tournament, his brother-in-law.
And I originally brought Duran in to maybe be the CFO of my company. And after sitting around and talking to him for an evening, I’m like, you’d be far better off as a broker, which I think made him very sad. But he’s done a whole lot better than he would have been if he was a CFO of my company because he’s very smart and very polished.
So I’m glad to hear that it’s been good with him. I’m not surprised by that. We just had somebody asking questions.
So I thought I would share your information. So I was just trying to spit that one out. I don’t know what silver notes they’re talking about.
I assume they’re talking about when Kennedy had the silver certificate. That’s the $5, $1. We don’t sell them.
I have a bunch of them if someone really wants to buy them, but we really don’t sell them. We probably get them. Those are cool.
Those are the silver certificates that say payable to the bearer of demand in silver instead of in God we trust. Those are cool. They’re not that expensive.
Yeah, I bought one from somebody going, hey, have you seen this strange bill? He’s like, yeah, it’s a silver certificate. Aren’t they cool? What are they worth? Pretty much face value. You might get a little extra if you jump through some hoops.
Thank you, Greg Straub. I appreciate you, brother. Thank you very much.
I try. I mean, I try. I try my hardest.
And I think about that. It’s like you don’t want to sully your children’s name and go online in front of everyone and be disingenuous. And that’s not only stupid, it’s dangerous.
And I try my best. I really do. Glint is good for any amount.
That’s what’s unique about it. Just remember, you’re not physically holding it. It’s held for you, but it’s not in your possession.
But it’s far more portable, spendable. Yeah. That’s the neat part about it.
It democratizes, I call it. It allows anyone to purchase it. All right, I got time for two more, my brother.
Thank you, Penny. I love you, too. Yeah.
Floyd just wants to know if someone possesses silver certificates, should they redeem them now rather than later? Yeah, good question. We don’t even know for certain whether they will be able to redeem them later. They’re not redeemable anymore for real silver.
I have a $100 bankrolled strap that’s uncirculated. I don’t think you could bring them in and get silver anywhere. Richard Ansell from Fred.
I go back to junior high with Richard. He’s a sweetheart. He was a financial advisor at one point.
Most of the people who were, Kevin ran a, what the hell was the name of it? A brokerage, one of the, I forgot the name. What the hell was it? He ran a brokerage. I forgot the name, the branch name.
But all the people who work for me, just about all of them. John, someone mentioned John. He worked on Wall Street.
Most of the people who work for me are my friends, first and foremost, but have distinguished backgrounds. Texas Precious Metals, never heard a bad word about them. I would tell you if I did.
Glint does silver. Well, how does that work? They do silver in the UK, not here yet. They do it here.
You just can’t spend your silver yet. You can spend your gold, but you can buy it instantly. Which is cool.
Remember, when you go on, if you’re opening a Glint account, type in Andy24 and you’ll get a free MasterCard. Yes, it is okay to use the Andy24 code. Everybody’s like, yeah, but where’s your code? Just use the Andy24 code.
Yeah, Mark, you and I should talk about that. But you are being credited for it, just using the Andy24. It’s the only place I’ve mentioned it is on your show.
Yeah, somebody asking the glintpay.com. If you’re in the U.S., forward slash U.S. If you’re not, just glintpay.com will take you to the UK site. Right now, it’s only available, correct me if I get this wrong, in the U.S. and in the UK. I’m thinking Canada also.
Canada also. I mean, you can buy it anywhere. You just can’t use the Glint card, the MasterCard everywhere.
But you can buy it in any country you want. Get the app and buy it. You just can’t use the card.
Gotcha. I’d like to tell you all, come on. Guys, it’s not a credit card.
It doesn’t work that way. They don’t give you a line of credit. It’s prepaid.
You put money in, they hold it in the metal. It’s like a debit card. More like it.
But they hold it in gold or silver. Really cool system that he’s developed. It’s not perfect.
But with the current regulations and banking, et cetera, it’s a really cool idea to kind of merge that historic true money of metals and our traditional banking system. It’s pretty cool. Well, you know, I had meetings with Jason in London.
And I was blown away in the presentations and his staff and everything. But then we went to lunch, and he’s like, let me pay for it. Glint does not have monthly fees.
And he’s like, watch this. And he opened up his phone so I could see it. He gave the waitress a credit card.
She paid him. Bang, just like that. Gold just disappeared.
You could see the numbers turning and how much gold he had used to buy lunch. In a matter of milliseconds, it already connected with his app. The technology is pretty dang amazing.
So, no, I think it’s really neat. Does Glint have monthly fees? No, not that I believe, no. I like those.
But does that make more of an apprentice card instead of a master card? Dot. When using the Glint card, will it pay with silver or do we have to, Rick, I know that you’re in the U.S. So, yeah, you’d have to convert your silver somewhere else because it doesn’t let you spend your silver balance in the U.S. yet. Right, right.
Well, I think that’s all I got for you, bro. Yeah, I think it’s time. You know, I always say I want to come on.
If I can come on, it will be towards the end. I’ll send you the link as normal if you make it great. If not, forward it to Gavin.
Send it to me, please. Please send it to me. And I will hopefully see you tonight.
You know, I love you. I appreciate you, brother. Yeah, Tolving, that was an interesting one.
I met Hannes Tolving. I went to his office and I met him in Newport Beach. That was before he went to prison for stealing everyone’s gold and silver.
But $50 million disappeared. He was always the cheapest in the industry. Why can’t you compete with Tolving? Why can’t you compete with Tolving? I’d say, listen, I know what he’s paying.
He’s paying what I’m paying. I know who he’s buying it from. And he’s paying for overnight shipping with silver.
Overnight with silver. I’m like, no one ships overnight with silver. He did.
And he’s in prison. So if it seems too good to be true very often, it is. Yep, not always, but very often.
Mark, you’re supposed to tell me not to go because you need a friend. Yeah, but see, I know you’re still going to be my friend. And I know you’ve got to go do another podcast.
And I still have all these friends. Ah, so that’s how it’s going to be, huh? I just, I appreciate your busy schedule. And maybe I can get a friend tonight.
Yeah, I’ll try and come on. Because I could definitely use a strong whiskey by the end of tonight. I have, I got a long day.
Let’s see what I got, and then I’ll let you go. I got Greg Weldon at noon. Jason at 1. My daughter’s art show at 2. Sarah Westall at 4. Someone named Darcy Ungaro at 6. Something at 8. And then I will come and see you, hopefully, by 9 o’clock.
You’re still on at 9, right, Eastern? Yeah, we end about 9. Unless you join, then we go long. And the mods get upset with us. But we have fun.
Right on. Well, I will jump in. I promise you that I will jump in to say hi tonight.
Even if it’s just for a quick sip of a cocktail. Sounds like a wonderful idea. I appreciate you, Andy.
To the rest of you folks, I’ll see you at 7 this evening. Later, Ben. Love you.
Love you, Andrew. See you. I am still talking with Jonathan, trying to get, we went back and forth while Andy was speaking a couple times.
I don’t have it nailed down yet. I’ll let you know, though, immediately. I’m going to jump on that soon as I hit the end button.
See you guys tonight at 7. Again, whiskey and wisdom.