Coffee with MarkZ and Andy Schectman. 01/09/2025
good morning all Jericho watch the water or the lack of water uh did do you ever feel like things just really really rhyme California Dei hires Mia police chief I mean a fire chief well actually fire chief’s not bad the mayor’s more uh MIAA but even the fire chief though was a hired not for their uh Merit uh they turn on the water uh go to the fire hydrants no water sounds like Hawaii uh the winds the push the but you can’t go here because of this environmentally I mean it really feels a lot like
Hawaii um already done we broached that yesterday on the Sudani one it is simply not what I’m hearing from any of my sources they have heard the rumors too they’ve heard the boards is it possible sure it’s also possible an asteroids going to hit the earth in about 3 minutes and the dinosaurs are all going to die again it’s possible but it is not in any way what I’m hearing hello Cosmic Soul wipping 18 degrees it’s a heatwave Anthony it’s good to see you in the house hello MJ hello Crunch Wrap whip Captain Peggy
hello Tom hello Raj hello beam me uh frigid 11 no way next equipment 32 degrees in Dallas with little sleep and snow hello Patricia hello Terry hello K short John from Texas yep SLE and snow mix let’s see it’s snowing in Archer City Texas hello Miss Linda we are supposed to have Andy today around the 30 minute Mark around 30 minute mark darson thank you very much that is kind uh Patriot says it’s beautiful in uh Patriot 14 says it’s beautiful in Utah Tucker car I have not seen I’ve heard it’s mesmerizing Jun know that I’m
hoping to get to do today I’m tired of being so pressed on time and you know Ed passing away uh believe a sudden heart attack in the evening head of a Cola Great wakeup call it carried a lot of the weight concern for others on his shoulders I do that those that do I mean it is it’s hard on your health got to slow down gonna have to figure out a way to get some mental relaxation in and instead of just the occasional I’m not going to do one tonight I need the downtime I got to do something I got to do something else
don’t know what yet uh Clinton you are catching on brother if Iraq’s increasing foreign trade Reserve or foreign reserves through corresponding banks in that International yes sir and that is why the people should be getting so excited right now new storm hitting Kim Marie for the you know it’s it’s kind of like Joe Biden and his preemptive pardons it’s a preemptive swear jar donation because you know it’s coming hello Patriot 50 Patriot 333 Renee happy birthday 58 trips around the Sun reading a few this morning we need
to get into I need to get into it oh my God I got got a funny comment coming out of Bill Clinton I got a funny you guys will appreciate at least I think it’s funny not all of you get my weird sense of humor but many of you do or at least you pretend and I appreciate that uh yeah cancelling fire Insurance a couple weeks before it’s something stinks in California and I could be the human feces on the sidewalks do yeah too soon too many people suffering and prayers are with them Scott saying Ed died from
complications from pneumonia yep space force see isn’t that perfect timing Bob you said space force we need them to uh come in and say see there you go I’m even I’m even supporting it all right stop what you’re doing and ask yourself this if the food supply collapsed tomorrow how long would you survive a week three days the harsh reality is most people want an even make it that long look around a catastrophic event of biblical portions is looming prices Skyrocket and crops failing cyber attacks natural
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many studies government’s done studies institutions have done studies it only takes about 72 hours for societal fabric to implode when people can’t get food and water then the nicest calmest neighbor is out there in the streets ready to shoot people not everybody some people prepare some forign video trip Tucker I’ll look at it see if I can figure it out um you can also just email me trip and I will for you to uh Stacy Z so she can give you a direct linkly a direct directly give you a link or give
you a direct link for now sharen there’s been an unusual request by Health and Human Services to the VA for emergency medical support for inauguration what heard this morning that there’s been an unusual request by HHS to the VA for emergency medical support that is weird uh Kathy thank you for the uh breaking update from from the Jimmy Carter mik suddenly muted itself that one’s weird Sharon said uh that is weird uh and Kathy giving us updates from the funeral yeah I’m hearing it’s interesting like it’s almost a repeat of
the last time letters went out Dave Mark what do you think we go on the 20th Q said it would be a three-day weekend 3-day weekend’s the easiest I do have some Bond contacts now saying that uh they believe their funds won’t release until the 21st as soon as the inauguration is complete we’ll see we’re going to go over all those all those things I’m hearing during the news block which is pretty much right now did it switch the mic as well after muting it let’s see guys oh my God it did switch the mic
just does it live it is the dink what do you think about Trump saying Canada becoming a state kind of funny I think he’s taken it too far it’s all about the Tariff thing do I think they’re going to become a state no do I think we need to reassess our relationship with them their government yes not the people of Canada but the government of Canada they charge us far more in tariffs than we charge them this is a fact this is easy to find out we are very much on the wrong side of that deal then we spend
about 200 billion in military um protecting them every year so I mean it’s kind of an abusive relationship we don’t get out of it what we put in it and that’s not against individual uh Canadian so many just world class fantastic whatever this is a government issue not the people uh what are your thoughts about wait what do you mean the January 19th rally I’m not going to any it’s going to be uh it’s not going to go well Trump does like to stir the pot and he does it for a reason he does it to force a better
negotiation okay let’s get to some more news um unprecedented fire Scorch 3,000 Acres we’re down what uh we’re actually sitting at about 25,000 burnt Acres now over 1100 structures structures meon and a half people without power uh what is it 300,000 or so that are being asked to um abandon flee I think only like 49 or 50,000 are mandatory the rest of them have just been requested to flee voluntarily uh it’s it’s a mess and I mean what do we talk about do we talk about how a year and a half two years
ago they sent all their spare equipment firefighting equipment to the Ukraine for the Ukraine to fight um now there’s no money federal government well we really don’t have any money this is the worst fire damage wise in American history uh since we became full-blown Nation with more Devastation I mean the largest of all time and there’s no dollars for it because we’re sending a somewhere else we’re getting ready to send another package uh to the Ukraine how does it feel the people in La just became the people of Western North
Carolina abandoned by your government largely abandoned not completely abandoned just largely abandoned and not a peep out of FEA right and they don’t have water they go to the fire hydrants turn it on nothing there it’s they dump it into the Pacific instead of using it Pacific really doesn’t need any extra it’s going to get there at some point no matter what you do it’s like gravity crazy all right let’s get to it oh man I got some funny Biden stuff coming I mean Clinton stuff coming foreign remittances
constitute 94% of Central Bank of Iraq sales today’s articles are good for those that really want to understand what is going on with auctions yes auctions no auctions how do they track we get some deeper Dives we had some deeper Dives yesterday and we have some deeper Dives today that I’m going to share article wise I’m only going to touch on them now for those that want to know the details the links will be up for you so that you can study it at your leisure um it is more of those they’re showing us how they are handling things
now internationally with corresponding Banks or not uh we’ve got a really good one on that one coming for you this morning this one also gives us the auction 269 m9915s so they are they are still occurring they are modified though the mechanisms are different and there here’s a great one aleri explains the difference I know I’ve taken a lot of heat by people that have not taken the time to study clarifies the new mechanism for external transfers after closing the platform the economic and banking adviser Samir Alan
Neri explained the closure electronic platform on uh well December 31st which was used by by the Central Bank uh gets into the details how it is working and he added the transfers in other countries will enable Iraqi banks that do not have corresponding Banks and American Banks to make their transfers in other words this is a new modified system there are still some auctions occurring but it’s only for those that don’t have corresponding but it is changing how they do it this is well underway let me see if I’ve got another
good one on that front because they did have a fantastic one if the bank has corresponding banks in America they don’t need to if they don’t they can for foreign purchases for companies now the new system tracks all of it and then forces that volume to go through uh Saudi Banks Emirates Banks Chinese Banks Etc that’s their way of forcing it through the traditional system it’s a very modified uh approach they’ve taken and it is working it is working they are now tracking it this was the problem with it before so
they have changed how they are doing it and it is working and bringing stability that’s the important part here and they’re using international banking mechanisms it should be exciting if you take the time to study it for those that are just really worried about the intricate details uh Todd rumors are HCL L HCL uh hits the floor of parliament this morning as they go back to work on it over the coming days I keep getting a scam call trying to call in I keep hitting the button it’s really annoying uh this is uh where I was well
where do we go on this one let me uh back up just a moment we’ll take this one off I am getting some very yo-yo is news news um I still have a number of banks expecting a rate now whether or not they’re allowed to exchange on that rate or whatever but I’ve got a number of them that are being prepped for a rate between now and Saturday sometime I hope that happens but it’s confusing because I have a couple of bond contacts telling me now that uh they were informed by their uh upline pay masters or whatever that they probably will not
distribute until the 21st Trump is as and they specifically said Trump so it’s possible I can’t imagine that he has that ability um that they are not expecting their funds until the 21st because they didn’t want the credit to go to Biden I mean this is to me it doesn’t make sense but it’s possible this is what I’m hearing from a couple of bond contacts uh most my banking side still believes earlier groups I’m getting silence uh for the last half day day or so on the group side uh so it’s the normal yo-yo stuff that they are all
talking about it that they’re still putting out the smoke this tells me that we’re still very close moving forward and they’re doing their best to Cloud the timing uh so is it the 21st is it by the 10th guys we don’t know we do know that they are doing the preparations that they need to do to make this happen I know somebody’s going oh my God shouldn’t they already have it all done already it is a Monumental task that will constantly be happening do you ever have your house clean when you have toddlers uh Craig the banking system
here in the UAE is fantastic I’ve heard that Craig William Mr C doesn’t have anything to do with Dinar revaluation his role is in the refunding of the US dollar from Fiat to asset backed uh that those events have been tied in together and now occur at the same time is why we pay so much attention to Mr he’ll be here tomorrow for you to quiz on that front William that’s uh Jason I won’t worry unless uh we hit about Jason just said if this gets post past inauguration I will start Tory there’s enough logic in this whole
inauguration thing for me and the credit that I will not panic if we don’t get it until after I won’t start panicking going oh my God all right what’s really going on and I’m still in I’m not bailing because I know the fundamentals tell me that it is a matter of time before the world resets to asset and commodities it happens it Cycles happens over and over and over throughout history I know that’s going to happen but the timing will start to worry me some if we get to you know February 1 and haven’t seen it
yet I’m not going to panic I’m just going to be doing some serious deep Dives uh let’s see I saw a great take on the renaming of the Gulf of Mexico to the Gulf of America Biden made it so that we cannot drill for oil in the Gulf of Mexico he’s made it where we can’t drill off the coast of the Carolinas Virginia uh which is enormous methane uh deposits and natural gas deposits uh he’s yeah no what he’s trying to do is us it’s almost kind of like he’s a Marxist or something I don’t know uh Jesus Freak question when the RV
happens what kind of currency do you recommend if we have a qfs system we have asset back currency it doesn’t matter which currency you get is that what you’re referring to meaning where do you hold it do you hold it in American dollars or something else it won’t matter they’re all going to be asset backed uh if you’re referring to like countries I think that are going to go later then I like the uh Central and West African cifas I like Afghanistan currency long-term because of the resources in the country love Mongolian
Mongolia for its long-term potential Tom says just thinking out loud here is it possible to get the rear on Saturday and get paid on the 21st absolutely possible that would be very similar to how Kuwait did theirs Tom uh they uh got a in a nutshell a rear and then 10 days later we start exchanging so we had is very possible that it could work that way Tom time to drill baby drill even the threat of drilling even the threat of more pipelines lowers the cost of your power simple economics if they don’t
believe they’re going to have any competition they don’t have to lower their prices if they believe there is a credible threat to their business then they have to take better care of their customer if they think America can go totally independent they’re not going to get any sales then they’re going to need to lower uh the cost of the energy so that it’s not conducive for us to go drill more we’ll be like okay it’s affordable enough we’re not going to panic we need to force them to panic a little so the cost of energy comes
down it’s like basic economics for anybody that thinks uh explain rear we boy we’ve explained rear so many times Guardian Morgans I don’t know if I have it in me again being honest with you here it’s real effective exchange rate it is feasible one that makes all kinds of sense math and is functional and accomplishes everything that needs to get accomplished that’s probably the shortest explanation we can do a longer one uh just give me a little while to pull a couple of articles for you so that you have some to read on
it so it’ll make more sense to you but that’s the short version of it all right we uh already did this the vital La fire uh fire firefighting equipment was handed to the uh Ukraine we’re used to that at this point Americans are used to getting ignored for other countries they’re used to not being able to eat or having Better Health Care or having homeless veterans because we need to do AG gender studies in Pakistan or we need to make certain that we pay all the pensioners in another country instead of in the US so
that you know we’re kind of used to it at this point to the folks in California welcome to the party it sucks Biden confirms he’s considering preemptive pardons now this one is where I get to have a little bit of fun boy I gotta hurry before we get Andy in here Biden confirms he is considering preemptive pardons the president has been report to be considering issuing pardons to people who have not been charged with a crime this will cause a constitutional crisis meaning the Supreme Court’s going to
hear it uh he is using powers that have no um precedence in American history so President Joe in a January 5th interview confirmed that he was considering whether to issue preemptive Bens uh some of your part now this one’s great because of who’s asking it some of your supporters have encourage you to issue preemptive pardons to people like Liz Cheney and Anthony fouchy will you do that question mark USA today’s Susan paage asked Biden during the interview do you think Susan Paige is trying to get her own preemptive that old Peter
strug all you know remember those things operation what was it called Crossfire something like that uh the whole uh make believe Russian collusion stories maybe she’s trying to get one herself so she’s like softball it without asking but I love this Biden referenced the meeting with Trump said hey look I tried that he had in the White House in November after the election I tried to make it clear there was no need and it was counterintuitive for his interest to go back and try to settle scores Biden said recounting the
conversation really like you guys after Trump was out of office you spent four years and are still doing it trying to settle your old scor so Joe uh Trump did not respond directly to the advice according to the president he didn’t but he didn’t say no I’m not going to you know he didn’t reinforce it he just basically listened Biden said so you haven’t decided yet you’re still assessing the issue Paige asked no I haven’t B responded a little bit of it depends on who he puts in what positions uh Carolyn lit spokesperson
for the Trump transition team told The Epic Times that Biden is abusing executive power to protect those who led the unconstitutional and failed witch hunts against President Trump I agree if we’re going to stop law faar we have to Double Down Mutual assured destruction inquiries sent to employers of Cheney and fouchy were not returned Biden of course uh pardoned preemptively Hunter for 10 years whether he did anything or didn’t do anything which screamed screamed extreme guilt uh but let’s get into here’s the fun part
that I cannot wait to read and somebody’s response one person floated as a possible preemptive pardon candidate is Hillary Clinton the former Secretary of State Clinton who mishandled confidential emails and whose campaign funded opposition researched against Trump was included in the list compiled by cash Patel Trump’s nominee for FBI director the list Patel has said are participants in the so-called deep State Clinton’s husband former President Bill Clinton has said that he does not think Biden should
preemptively pardon his wife uh here’s a quote from bill I hope he won’t do that the former president said during a televised appearance on December 11th 2024 Clinton Foundation spokesperson did not return request for comment you know what makes this so epic come on we know Hillary’s guilty it’s not a question that any logical thinking individual that has seen any of the evidence or read any of the reports or paid attention she’s evil or at least vindictive and and God knows we’ve got enough people that have been close to
her that says she is a straight up b word um Bill’s comment no God no I hope not look I want to spend my last days in peace with a couple of interns I’m very excited that she might get locked up I really think that’s kind of what bill was thinking he was like please don’t pardon her please don’t pardon her I’m finally going to get some peace quiet and safety what do you guys think that’s what I think Bill was saying I think Bill was going please please please don’t partner please please Trump come
pick her up I think that’s what’s happening it’s that Bill wants to divorce Bill’s found a short way out Ronnie he just he’s like don’t pardon her and she won’t be here Platinum baby gold I think were hours days couple weeks stopped I think we’re so close Eric nailed it that’s what I as soon as I read that one I could not stop laughing because that’s exactly what I was like Bill’s like nope all right maybe another one and then we should be seeing Andy soon I hope uh I liked this one The Epic Times
on their premium report it’ll be available to everybody if you click and it doesn’t work this link should get you there though critics accuse poit well the grooming gangs of the United Kingdom an explainer this is a great one it gets down to goes back in time uh to what the the present Kur fuffle is the grooming gangs the background I just wanted to include that because so many people are talking about it but really don’t understand what we’re talking about or what is being talked about I should
say oh wait let’s uh catch this one I was with my dad at the ER last night the amount of people needing a medbed is mindblowing it is it truly is we are at a tough time uh reading a few of these yep not even an n95 they’re wearing yeah it’s the crazy signaling going on at the funeral yeah Jenny I don’t know how much more we got to survive oh coffee maker I should do birthdays early I am glad you put that in there of course if Andy bails on us will’ll be in bad shape but but coffee maker 2 coffee maker
2 Rene’s birthday let’s do that guys let’s go ahead and do birthdays just so that uh if Andy goes long we don’t forget or lose or you guys have to go cin first time live it’s awesome to see you here cin it’s good to have you in the house welcome sir yeah just I would love it uh William Nar is supposed to as we understand it happening at the same time with a revaluation rsb’s mom’s birthday happy birthday oh Melissa I kind of like this one this one’s pretty good I feel like it’s time to let Biden speak and do his
preemptive pardons because at least he’s working and pointing out the corrupt and guilty individuals it will save time and money you know you bring a point Melissa you won’t have any question everybody he gives a pardon is horribly horribly guilty most likely which means he’s gonna go ahead and find all the guilty people for you uh pamy K 1956 how long ago did Carter really die all right let’s play a little fun one here wait a minute ah Andy doesn’t see the link pretty certain I sent it but let’s get
that one going uh and sing happy birthdays while we were doing it so Andy doesn’t have to uh suffer through it yeah send it let’s send it again though can’t hurt all right you birthday people oh wait a minute sassy all right oh oh that is that one’s epic that too soon Lany too soon oh that one’s just great um I just got a chuckle from someone let’s do the birthday things Andy’s in the back office and I don’t think he wants to sing yet so coffee maker to Renee anybody else crating boy I’m looking
forward to uh quizzing Andy macro seems to be changing by the moment uh so they tell me it’s your birthday well happy birthday darling may you live may you love make all your dreams come true happy birthday happy birthday happy birthday to you happy birthday to all those celebrating all right now let’s bring Andy in let’s give him the cat bird seat over there what’s going on brother how are you oh I’m good how about yourself I am doing my my wife just walked by she said that was beautiful I don’t think she apprciate
happy birthday yet as often as I have oh God no you’ve heard it a ton how are you buddy happy New Year it’s been too long you look handsome hey I appreciate you brother uh how were your holidays I mean you’re even like dressed up is that a collared shirt under like a sweater or something yeah well you know it’s 45° down here in Florida it’s like I don’t I don’t quite get that and I turned the heat on in the place for the first time I’ve been here in four years and you know like the house is kind of like
yelling like what you heat on yeah it’s uh it’s 81 here just in case you uh it be 60 mid 60s later but I mean it’s this the whole country is cold right now with this polar vortex thing that’s going on yeah that Global uh warming is uh definitely uh kicking in yeah man it is it is so how you been no complaints no complaints right on what are we talking about today well I mean we got a lot of fun stuff for you and this is where I keep trying to uh point out to folks yes Trump may be in office but the fundamentals
are very messed up and here it’s a deeply damaged economy I mean you see the headlines left and right they’ve spent 30% of this year’s budget already first two months right well no I mean we’re we’re we’re sitting here what we’re on ninth day they said by the 20th um with all the outlays they’ve already set up by the time of the inauguration they will spent 30% of the 2025 budget right the first month I mean you do the math and they should have spent less than 10% of it so they spent three times which means there’s not going to
be a lot of extra money for other budget uh requirements for the rest of the year right well I mean in the first two months of the fiscal year uh nove uh October November or November December um they spent more money in the first two months of the year which came out to I think $585 billion do um it it it it is the highest deficit on record for the first two months of the year and that includes the craziness during covid it’s the worst two months fiscally for the country in the history of the treasury um that is
the the the economy that he is inheriting and and what Craig just wrote right there uh if you look at today’s headlines uh and right out of the AP um they are it says Elon Musk says where’ it Go Elon NBC News Elon Musk says Doge probably won’t find two trillion in federal budget cuts he says we’ll be lucky to find one trillion um the fiscal irresponsibility Grows by the day the number of of things to cut while seems very easy to do will come very diff with great difficulty and and I think that’s what he’s basically saying
right now it’s in it’s today’s news yep um and then on top of that that you have he’s inheriting um a an economy that is by all measurements in a recession um and every metric that’s ever been successful at identifying a recession has been triggered for example the yield curve which had been um inverted for two years the longest inversion ever um has now uninverted every time that’s happened happened right at the point of uninversity Sam yeah that’s that was one of my favorite yeah and that’s when the
the um unemployment level moves up by 50 basis points off the 12 month moving average or off of the previous 12 months that was triggered uh then there’s also the total assets and money markets uh as the money markets typically go higher it portrays a recession and what do you know we’re at record 7 plus trillion in money markets by every measurement we’re in a recession you can talk about the everything bubble the buffet indicator as an example which is at 140 excuse me 206 which is 142% above its long-term
average of 85 dating back to 1971 and to me me there’s all of these metrics uh price to GDP and all of these things are way out of whack maybe the biggest one to me is the um uh Insider selling numbers there are six people selling on the inside for every one Insider buying that’s that’s record you’ve seen uh beo sell what was the number that he sold uh let me see at 12 B billion dollar I believe uh he sold bzo sold 122.5 billion in 2024 of Amazon stock Zuckerberg out of meta stock sold 2.5 billion in
2024 and year-to dat sales in Nvidia um two billion Nvidia CEO came out and said look it’s 5 10 probably 15 years away from like household use of quantum Computing there’s a better chance that traditional computers will advance uh considerably faster than the quantum but hey it’s going to happen but boy the stock market wasn’t happy about that no and they were counting on it to save them yeah in every on every level um whether it be fiscal irresponsibility debt accumulation or the metrics that we’ve always used to
gauge are we in a recession or the the stocks overvalued um are signaling screaming and then you have the banks that are wickedly overleveraged and under capitalized and you have rates in the tenure moving higher again and so as they’re moving higher again that’s exactly what the banks bet against again and so you know the whole thing is very tenuous um and then you look at the lengths to which Biden is going to disrupt the things that Trump is trying to do the executive order on drilling on offshore um Coastal um selling the
border wall for 5 cents on the dollar letting still people in another 500 million dollars yesterday sent to the Ukraine as people in California are suffering my assistant her family is very wealthy live in Palisades their $25 million home gone gone now they’re fortunate they’re success he’s a successful Guy and um but most of the people in that area uh aren’t so lucky in the respect that many of the major insurers have pulled out within the last month because just like hurricane insurance and stuff here
in Florida fire insurance is there many of these people who have lost everything have no insurance many of the people who have insurance have it at 60% coverage for Wildfire because of because of this and the destitute is unbelievable so as people are suffering in California people suffered in Ohio with a train derailment people suffered in North Carolina uh with with the hurricane people suffered in lahina with the fires and this idiot and I’m sick of calling him Mr President he’s just an idiot just
an I’m with you is uh is giving money to the Ukraine that we have to borrow going deeper and deeper and deeper into debt as the people in this country are suffering it is so upside down and backwards it’s it’s disgraceful and all of it is being done against what president Trump wants and um you know like I was saying to someone earlier this morning and everything that we’ve been told by this Administration is a lie and he could have put an end to it all by just pardoning Trump when he pardoned his son and he could have said
look I’m a dad I screwed up I should have told you all I’m gonna pardon my kid I haven’t been able to sleep at night but you know what I’m going to put an end to all this and no more infighting Trump you’re pardoned and we’re a country that needs to unite right now to make this thing right it’s the division that’s unbelievable look at what’s happened in Los Angeles this this moronic mayor uh and this moronic Governor the idiot governor who’s thrown his name into the 2028 election already diverts all of the water into the
Pacific Ocean instead of letting it come into California to save one little fish instead you just lost so much uh five people dead think of all the wildlife dead and all of the homes gone and the buildings gone and the schools gone and everything gone and um I talked to my assistant yesterday she said yeah the high school that I went to is now gone and it’s a mile from our house their house is now gone and and and there is no water in half of the fire hydrants in these areas um because of it and the mayor uh or the
um the fire chief in Los Angeles is the first LBGTQ um fire chief who wanted to hire more more gay and lesbian firefighters and and fired a whole bunch of the existing ones because they wouldn’t take the covid shot and all of this is coming back to haunt us now and what makes it worse is that they’re trying their hardest to disrupt Trump from achieving his goals and his goals of reuniting the country of bringing back our culture is what I long for more than anything and if you’ve listened to me
talk over the last few years you know that’s been my biggest gripe is is the what’s happened to our society and our culture one where I outworked people in athletics in in business I’m not the smartest and I wasn’t the best athlete but I achieved high levels of Success Through working outworking people Everyone first one in the gym last one to leave first one at the baseball field first one in the office and last one to leave last one to shut my lights off at night and that’s how I got successful
but that didn’t matter anymore in this current Administration it’s what’s your lifestyle what what what preferences do you have that kind of stuff has to end but the the um fiscal and the monetary side he’s inheriting a bees nest and it’s only getting worse by the um by the ridiculous decisions of of a bitter bitter angry scile man um and I guess that’s giving him too much credit my guess is that there are people pulling the strings behind him that are trying to make this difficult and it makes me
wonder if they’re going to this kind of length to to mess with him before he takes office what are they going do when right and that’s the part that bothers me and concerns me the most and that’s why I think we should all be cautiously optimistic y very Optimist cautious only a oneyear deal for 15 million like I always say to people you know baseball has been my life and uh I I was 17 when the when the um Twins won the world World Series in ‘ 87 it was one of the greatest times and this is right in the
Heyday of my baseball playing and senior in high school and oh you muted yourself Andy yeah you muted yourself yeah is there a switch on the mic the there you go got that goes under the my table we got a new puppy it’s about this big and she likes to pull yeah we’re gonna need to see that at some point let me grab it where is she I don’t know about you guys but you know hey Andy it’s great to see you but we get to see a pet even cooler oh my isn’t she something yeah she’s great anyways um uh anyways to his point Kirby Pucket
signed the biggest contract in sports history uh for three million a year in 1988 so um you know my how times have changed my how times have changed but yeah I think we need to be optimistic for what he will bring to the table culturally but very cautiously optimistic for and I’ve said it on every podcast I’ve been in it reminds me exactly of shos Shank Redemption Andy duin has two miles of to crawl through and uh and while the the the prison is behind us that being the cultural disruptions hopefully
that the the the fiscal and monetary tube of of of gross is still in front of us and we still got to crawl through it to get out the other side someone said they missed the puppy she’s really sweet she thinks she’s a a 200 pound Doberman she’ll go right to sleep on my shoulder now she’s just awesome oh that is just fantastic I love that show more puppy yeah um I am looking it’s like I’m look since since we’ve had you last it’s been a while because the holidays um I’m looking at the consolidation the prices
and I do I feel like this is the last great opportunity to I don’t know buy your insurance if you haven’t already silver gold Etc um what do you take with this consolidation do you think it’s going to stay this kind of sideways for a while um for me it looks like it’s consolidating getting ready to take a massive jump up but well it sure could I mean I I wouldn’t discount anything um there are some very interesting things that have happened uh that would lend uh credibility to it not going that way um
it it would say that no we’re going to see um stronger prices in the future but I wouldn’t discount anything for example uh we can talk about the amount of gold accumulation by the central banks that’s that’s one place to start uh and and we’ve seen more gold accumulated by the central banks recently in fact 53 tons in November that’s the most in 14th months that marks the 18th consecutive monthly purchase by central banks um and they purchased 794 tons in the first 11 months of 2024 the the December numbers
aren’t out yet that’s the third largest this Century um and so they in the month of November uh the numbers were double the 12month moving average so even after Trump had um won the election the central banks are buying more than than ever um and that’s something that that that gives me pause we also saw China they reported to only buy five tons that’s what the People’s Bank of China said um but they actually the import export numbers kind of busted them and said no it was 55 tons that means that China is report Under
reporting 10 times what they admit to the public um they bought a thousand tons just out of London since the beginning of the Ukraine war um and at the same time they’ve sold 250 billion in treasuries they’re accumulating one and and selling um the other one other thing that I find interesting is that in in um the month of December alone uh we saw 45.8 million ounces of silver delivered off of comx who’s got that kind of bread who’s got that money where’s it going we continue to see the banks um the central
banks stand for delivery and drain the exchanges um and the central banks aren’t stopping at all one thing that’s very interesting and a a potential Catalyst for a massive uh spike is that in London um they have right now 3.86 billion ounces of silver claims um and with total vaed Holdings of 850 million ounces so how does that work it’s they have four times as many claims as they do metal behind it and that’s why you’re seeing all of these countries stand for delivery they realize they have to do this fast before the whole
thing blows up so yeah I I think we’ll see prices move higher look gold was up 30% for the year silver not quite that much but still very positive and uh it goes largely unnoticed um this will continue and um look I I think the banks the the commercial Banks and the the short positions wanted to uh Square their balance sheets heading into the into the new year so they pushed it down below those round numbers $ 2,629 and U it shoots right back through them here so I would expect even modest would be 10% which would put it at 3,000
bucks by the end of the year and that should be much higher and I would say modest 10% it’s average 9.9 for the last 25 years so um we may look if I’ve learned anything Mark over the last four years it’s that everything that you think you know you don’t and things will will move as they’re supposed to move now you can use lots of logic and the crumbs and the economics and get close I’ve been fortunate enough to get close on some and not so close on others unfortunately but I do think that the trend of accumul gold is not
stopping it’s doubling down by the biggest money in the world and that’s the most important thing the central banks they’re not running hand over fist to buy Bitcoin they’re they’re running hand over fist to buy Commodities that number um when you said 10 times more than they reporting I remember reading the Articles uh going back about a year and a half ago or so where they were worried that they were accumulating two times more than they reporting and the effect that might have globally on Bank
Ing and Fiat you hear those kinds of numbers and you know that something’s about to hit the fan and it probably going to smell great well not only that you know they’re the largest producer of gold in the world the second largest producer of silver yet they’re flying all around the world buying Dora and concentrate as we’ve talked about before Dora being crudely refined bars from the miners concentrate being the byproduct sludge 77% of all of China’s um industrial silver applications like solar panels come from concentrate
purchases that they’re buying from the miners which disintermediate the market they’re buying from all of the exchanges around the world rather than taking it off of comx religiously although we did see 55 million ounces taken off in December that’s a huge amount um they’re buying from the exchanges in Brazil or uh in Dubai or in Shanghai and the deliveries are extraordinary because those don’t set the price the comx does or buy it from the miners that Andy that’s a conversation I had with some of the you know some of the
Chiefs some of the folks that we used to buy from um with me with our company and they are meeting the Chinese now have buyers going directly we’re talking villageo Village in mly and Ghana and many others buying directly from from the tribal leaders in their towns and buying it as dust before it even turns into Dory and thenly it out privately it intermediates the marketplace they don’t know how much they’re buying and as we’ve said if the pla the people’s Liberation Army buys it they’re under no
obligation to report to the IMF uh if the um commercial Banks buy it as a proxy nor are they and if the metal like the DOR or the the concentrate is purchased um that isn’t 999 pure it doesn’t have to be reported and they’re lying about what is being reported and they’ve got caught both China and Saudi Arabia tried to say Saudi didn’t report it they got caught by the import export numbers sorry we made a mistake everything is supposed to be reported to the IMF and and China said they they stopped
buying they didn’t you can see the import numbers are extraordinary and uh and then when they said we’re we only bought five tons no it’s 55 tons and the import export numbers are are showing that so the moral of the story is it’s a concerted effort to accumulate as much as you can without anyone knowing so I mean Russia’s doing it they’re taking payment for tankers of oil in physical gold right why not they’re not putting it on the books right Iran’s doing the same thing they’re not putting it on the
books and look at look at how smart that would be Gold’s going up by 10% per year as the Dollar’s going down by 10% per year that’s a net 20% swing each year minimum and that’s just average numbers um money creation and whatnot and the inflation numbers that we see are such a lie it’s not even funny it’s not 3% that’s a lie and here we are 70% away from their target rate of 2% and they’re pivoting and lowering rates again and that’s why the back end of the Market’s puking and going higher no they say
we’re not going to we know what you’re going to do we will take much higher rates exactly what the banks have bet against uh as far as the Silver Eagles there are a few it’s a scam by online companies who try and and say that these back dates have a premium you buy back back dates for me I’ll sell you sealed mint boxes back dates for less than the current issue they do it Opposite that’s this is an industry where you have to do tremendous volume or you’d go out of business um it’s a very thinly margined
business um so the ones that do the 1996 I think is the the rare one as is the 2021 type one those will both have higher premiums the 96 most of my career I haven’t looked at it lately but was always double everything else they were made in very small quantities but in general you want to buy back dat mint boxes or silver eagles from you I’ll sell them to you less than current year oh wow all right you heard that first here um I I like that um of course it’s a way for the companies that it’s way for them
to make more money by telling a story and it’s not true it’s a bad one I don’t like that at all um that’s see I’m with you I definitely prefer physically holding your medals the same time sometimes it’s not realistic uh how how has demand gone lately in the metal side as we hit holidays is that like usually a Slowdown not a Slowdown people stop start I’m just like trying to piss with with the economy going where it’s going right now it’s been ridiculously slow it’s been slower than I would care for
I’m just wondering if people have already in other words have we already hit the wall and now we’re just waiting to you know slide down it and peel ourselves off the ground other words is the economy already tanks is everybody pretty much already moved into Metals that’s going to move into Metals no I don’t think that’s even it I think that there’s an optimism surrounding Trump that is is irrational it’s rational in the respect of getting our cult our country back in our culture it is irrational think he will fix what ills
the country financially and or that he’s capable of fixing it in two seconds flat well even that’s what they’re betting on yeah well they already came out today and said that that they’ll be lucky to get one trillion in in cuts out of Doge and so I mean yeah it’s it’s irrational and um his policies are inflationary and they’re antagonistic and there are ramifications for that you can’t tell the world we’re going to 100% tariff you if you don’t do this that is not not a tariff that is a sanction that’s more of
what has crystallized these other countries into their resolve into joining the bricks Indonesia just became a full member the world’s largest producer of nickel um a country that is calling for OPEC style cartel of rare Earths president do think about that because the entire nickel Market went haywire when Russian sanctions happened because they’re one of the largest nickel producers not the largest but one of the largest yeah I I wrote that down they are uh so Indonesia is number one um Russia is
number Banks won’t accept glint transfer that doesn’t make sense to me it sounds like you need a new bank um yeah boy I tell you here’s a article I really need to send you coinbase uh Chief legal officer FDIC was trying to cover up its actions aimed to debank crypto client conservatives Patriots Etc or people that are trying to buy large amounts of metals they went in they had like loky sent not Loki but hey you’re not allowed to share this you’re not allow had sent documents uh and redacted documents
telling folks uh uh to not take the sales not do the transf they’ve done everything they can to kill anything but the Fiat dollar uh medals I I’ve got to send this one to you read that one make sense it just doesn’t make sense yeah and and Joe I tell Joe I would I would find a new bank you’re you’re you’re transferring it to a legitimate company who’s um you know it’s highly regulated especially in the UK and they’ve got over 250,000 people on the platform um this is what’s so aggravating about the
banks this is your money and they uh they’re making it difficult doesn’t make sense um you can also use a credit card but of course that comes with the fees uh so yeah that that’s crazy anyways in terms of uh Indonesia they are number one Russia is where the hell did that go what the hell I did with it oh here we go uh Russia is number three in nickel ch CH number seven Brazil number eight and Cuba one of the nine new countries that just became partner States or partner members including bellus Bolivia Indonesia which
is now a full member Kazakhstan which is the largest producer of um uranium in the world Cuba Malaysia Thailand Uganda usbekistan they’ll all join as bricks partner countries um and Kazakhstan and usbekistan big in natural resources they me members of the Eurasian economic Union uh bellarus which is another one of the new nine partner countries has called for a meeting to get the Eurasian economic Union and the Shanghai cooperation organization into the bricks fold uh so yeah I I think that um things
are going to start to get very interesting very very soon and the moves that that Trump is making to threaten and sanction these countries is having um con consquences some will will give in and others will push back and and only crystallize their Coalition um it’s interesting watching all this play out we’re we’re at a catb bird seat for history right now um which will be fine as long as we’re protected uh oh fiery Leo you know that’s a great question they were making me one but I I didn’t follow up on the
glint front but I know I’ve been going back and forth with um with them over there and just you know world class group I’ve really enjoyed since since we had the CEO on a lot of your people over 500 signed up with him he was so happy so as far as I know anyway but yes uh Jason will get you that code and you should I I’ll mention it to him as well to to send it to you but um no he was very happy about that now I have a glen account now I’m pretty excited did you get the credit card I do not have it yet
uh yeah anyways I drugged my feet getting the account finally went through they had a a hiccup with the system on my verification stuff we got through that just like yesterday or whatever so um card incoming right on um you know someone put in the notes that um that she thinks that Trump knows what he’s doing and that I’m wrong I I not I’m not making any statement upon him my my only statement would be and and people might not like this but I think if you haven’t learned anything over the last four years to question everything
you haven’t learned anything is that is he the Trojan Horse or is he riding on it does he want to blow up the system as the expert in bankruptcy and restructuring um issue a cbdc which would be the wrong path or issue a currency Peg to constitutional money like gold and silver in uh and marrying it to to a digital blockchain different than a central bank digital currency that would be pegged by nothing rather than something pegged by something constitutional money I don’t know but I do think that there are a lot of things
that one must consider in terms of uh what he does represent to the system I mean he’s already talking about the digital ID take a look at who has the patents on digital ID 2020 it’ll freak you out it’s Bill Gates it’s the Rockefeller foundation and that that group I always forget their name um the WF the world form no it’s the big it’s the big vaccine group um Mna fizer no nope nope NOP hang on I’ll tell you right now um just a minute I think we have to acknowledge the Monumental task in front of trump or anybody trying to
fix it and then you know with Judy Shelton talking about going gold back silver backs stuff like that and he’s definitely had this conversation and says that’s the future in the past we’ve had people like Gaddafi say that in Africa we’ve had people like John F Kennedy say that in the United States the last president in the US to question it Ronald Reagan got shot quickly uh after the grace report when he started questioning it so I mean you got to acknowledge that the deck is stacked against him and
us 100% um doesn’t mean he you know that we can’t win just means we need to be realistic about what’s Gabi I think it’s called something like that Gabby something like that uh Cave gavi I don’t know it’s the big vaccine Corporation and and so the idea behind the 2020 ID was to marry the um uh marry the crypto or the your digital ID with your passport your bank records and your health record what did that last one just say uh just uh they had gone to where uh they had taken their money out of where it wasn’t
segregated uh and put it where it’s allocated and they went to segregated storage with you guys that’s huge you don’t ever want to be anything but segregated ever never um yeah with your with your physical yeah no I’m totally with you there um somebody just Gaby Gaby that’s it so so it’s Gaby it’s Rockefellers and it’s Microsoft and they all have patents on that ID 2020 and I said on your show a year ago that they would issue the a digital ID because of election Integrity not knowing it would be like this but
that is what he just came out and said and if you look at all the comments on Twitter people like yeah yeah yeah let’s take let’s take it but it’s it’s the surveillance state it is it’s the it it is the first step and if you look at the patents surrounding it the ability to connect your money the ability to collect connect your health records and your passport and all your information facial recognition um just think of all the data accumulation companies that could just mine that data and sell it for you
know they know how long you were at Starbucks for they know you know where you went after that what you spent your money on what you typically do all of that stuff see I I’ll pull out cash I will often leave the phone sitting at home go pick up a coffee a pastry a bite teat or whatever just because I know it’s crazy it’s probably not very effective but I I want some things in my life to be private so of course and fast dead 2953 the idea behind it I guess is is you know you can’t um you can’t carry 10
grand worth of gold and spend that right so instead you you have it backing your your currency to give you utility um that’s the idea behind it but in essence she’s right or he’s right rather that um I’d much rather Own It physically and have confidence in my currency you know you look at this new proposal in Texas this gold back digital currency and there there could come a time where if it had so and it’s it’s redeemable they they there would be so much Trust In A system that has allowed redemptions and utility and mass
adoption and more redemptions that ultimately people say well you know it’s so easy to transact I can always get my gold back I’m going to send my gold into the depository and have them credit my account you could see that moving in inverse um where the the state of taxes um has received so much in the way of trust that that people don’t want to hold the physical anymore and rather just have the currency and have the gold that they own held at the Texas bulling depository and the ability to transact
off of it I could see that happening but we’re a long ways away from ever establishing that kind of trust again oh long way away from establishing that kind of trust a lot of people going wait a minute go Titan uh this is confusing with the Trump or whatever doesn’t getting rid of Fiat fix this depends on how they get rid of our present Fiat do they go to a even worse version a central Bank digital version of Fiat or did they go to an asset back Ledger that’s the truth is that’s that’s the difference that’s what I mean by is it
the horse or riding on the horse if it’s assat back digital Ledger like that he’s riding on the horse if it’s a cbdc he is the horse and that’s kind of what I’m getting at and I look I voted for him I thank God every day he’s president or will be um I can’t tell you the disdain I have for the current Administration and what they’ve done to our culture um but you know I think if you don’t question these things then you’ll never learn because after what we saw the last four years just about everything they told us
wasn’t true and I’m not you know I’m not trying to to to compare the two but you have to at this point Linda those aren’t silver dollars they would be half dollars and if they’re minted 19 64 and earlier they’re 90% silver roughly 20 times face value if they’re 65 through 69 um then they’re 40% silver and roughly um a third the cost of value of uh the other so the other half dollars are worth 10 plus bucks those would be worth three three and a half bucks if they’re 65 through 69 yeah big brother yeah just talk about
it I talked I was talking to somebody about golf clubs I can’t golf suddenly everything in my feed um you know from social media whatever is all about golf I learned that the hard way last year my in-laws were here we were out in my backyard when I was a kid when I was 13 I worked in a health club um like the Men’s Health Club attendant which was a killer job when I was young and um there was a gal there her name was nits pritz nits and I hadn’t seen nits in I haven’t seen her in 25 years and or longer but I
I saw I see her every day as a kid and grew up down the street for me loved nice gal her younger sister was really good friends with my wife and and and I both my wife and I knew the parents as did my in-laws um they they emmigrated from Russia together knew him for years and years and years and and we’re sitting in my backyard and my father-in-law says how sad it was that Mr pritsky passed away and and and then the conversation turns to the younger daughter who my wife was good friends with and then I
said oh used to see nits all the time she’s an awesome girl blah blah blah the next thing next morning my wife gets a Facebook thing that says you should be friends with n pritsky she hadn’t said that name in 25 years either and just like that so yeah the um the fact that that happened was very scary the first time ever even knows when you’ve been like physically around somebody your phone’s been close to theirs so they know that you guys were there and suddenly boom I I get that in Puerto Rico all the time well the first time it
happened we were talking about SUVs and I said to my wife we were we were sitting in our bedroom in Minneapolis at the time I said yeah that new Jaguar ftype SUV is really affordable and very cool and 20 minutes later again on Facebook pops right up an ad for the Jaguar F type it it’s very frightening if you think about that that we are being listened to no question about it so no I I agree with what he’s saying I don’t think there is a daily Silver Purchase limit at Clint I do not believe so no I’ve never I mean I only buy it in
small amounts um quite often but never tried to buy a big one you’d have to have money in your account to make a big purchase yeah but if you’re gonna make that kind of a purchase arguably it’d be better to own the physical um unless you know I tell people look they’ve got all the physical they want they just don’t want to leave their money EXP exposed in a banking system that’s fragile I’d be far you’d be far better off having your money held in gold in a vault in Zur with the ability to transact it on your
MasterCard um than than uh leaving it in the bank and and here’s the card and works all over all over the country it’s awesome so they yeah cball told us how many people have told us they monitor every communication we have both the government and private corporations we live in a corpocracy we were we are bought and sold daily yeah um I I agree no I I agree it’s it is and and that’s why you know um not that I’m concerned about it certainly i v vocalized my opinions on online I’m sure you know I’m sure they have a file about
me but um I know they got one about me you it’s a little discon uh Jules a lot of people asking uh number companies trying to come out um similar to a to to a glint but uh glint to me is a great hybrid between the older Financial world and the new one uh but there are some cryptos coming out and they represent physical Metals uh the to me the only way that I even jump into anything new like that and I did made the same discernment with glint is is where is it being held in what form and can you take possession of it
um and that’s why I told Jason that look you know um if if we’re going to do this I want people to be able to liquidate their metal their accounts into physical metal that’s what we’re going to do for them in the United States uh at the same time I wanted to know who was holding it uh and that was Brinks Switzerland I’ve worked with Brinks for 30 years very closely for the last 18 um my business was founded on Swiss Investments I’ve spent many many hours with Swiss bankers and and and understand the way that they look at
finances the way that we look at baseball and apple pie so you couldn’t ask for a better setup in an imperfect World um so a lot of these digital crypto gold back stable coin cryptos whatever who’s holding it who’s auditing it um what is the liquidity can you take possession all of those things mean something something to me so a really good uh digital crypto gold back thing would allow those things you would know where it is held by a reputable Source you would know in what form and can you pull your money out in the form of the
metal and and that uh glint has checked all those boxes so it takes an awful lot for me to put my name behind something and that was one of them that that I’m proud to say I did um I enjoyed learning anymore we need to get we need to get him back in again soon for another he asked me the other day he’d like to come back so happy to to arrange that uh yeah I’ll we we’ll talk about that one off here rather than uh clog everybody up with it no problem my sister was looking at nail polish in a store when she got out of
her car she had an advertisement for nail polish I mean it’s oh boy well and now you put in facial recognition into it all and um yeah the stores will know where you were at yeah I think so they will all of them and then you think of the just the value in Saving that uh or selling that stuff is extraordinary yeah I’ve had the privilege or disprivileged of watching and this is at least 12 years ago uh somebody that works on computer systems and facial recognition for the NSA and I was with my father and we were
talking to him um and he just asked me a few questions and then he turned his laptop he was just typing on his laptop asked a few questions my uh uh he was a consultant that worked uh alongside my father on some stuff and turned around and showed me inside of businesses showed me all about my I mean it was freakish um they knew more about me than I knew about me how many files I mean you name it inside of businesses places I had been this was that long ago think of how far Technology’s gotten it’s
yeah it’s orwellian and growing no question about it no question about it big dog need to turn Siri off yes yes I I would love to have her never on my phone again I turn her off but she somehow finds a way to come back I’ll be saying like I’ve said things in podcast and and I’ll say something that sounds like Siri and the next thing you know it’s answering question come here it’s answering the question um that I never asked it so yeah it’s a little it’s a little scary um sorry uh some stuff over there hello
rum boostbot welcome to the show uh can we still join glint and get the card like before do we have to have a code for the card be Andy 24 for now you want to reach out to Jason I’ll do it on behalf of you and get you your own code but yeah we’re keeping TR all of the ones that came in as andy2 24 will be attributed to you anyway uh it’s very interesting a lot of people are wondering about gold revaluation um it’s it keeps being brought up Cynthia Lumis the senator from Wyoming the head of the Dutch
national bank they keep talking about revaluing the price of gold and um which which it’s held on every central bank balance sheet in What’s called the gold revaluation account um JP Morgan has been the custodian of G SLV for years uh the largest stockpile silver in the world and even after paying a $920 million fine the largest adjust Department ever handed out they they still get that privilege uh I find it interesting because HSBC has always been the custodian of GLD the fourth maybe largest stockpile of gold in the world
well JP Morgan just took that over now they are the custodian of GLD and are moving everything into their own vaults they have more gold in their vaults now than almost all the G20 Nations um if you wanted to revalue gold and Peg it to a new system without confiscating physical metal the thing to do would take the ETFs because it would allow them to have their cake and eat it too without you the perspectus really doesn’t allow us to take possession only the huge basket accounts like the commercial banks that fund it
theoretically can so you now have JP Morgan who is an entity of the government in essence who paid that huge fine for manipulating the silver market who gets to still run the world’s largest silver trust is now holding you know this massive stockpile of gold and if they ever wanted to use that to meld the two together to revalue gold as Judy Shelton more or less told me yes that’s what they will do after they first audit it she thinks they will issue on July 4th 2026 50-year treasuries which is the 250
year anniversary her and Trump have talked about it repetitively that they will issue that those collared uh treasuries backed by gold in 2026 it’s interesting I mean they could come in and close the those accounts and all of that gold would then go to the treasury um it’s an interesting thought without enacting um eminent domain and confiscating so I don’t know these are the things that make me think there’s a fine line between conspiracy and reality and um would not surprise me one bit to see them do something like that to to
bring gold back into the fold to have it stand behind the currency uh and now with JP Morgan holding the largest stockpile silver in the world and the third or fourth largest of gold makes you go hm that’s interesting so Food For Thought one of the one of the things that I thought was very very interesting um heading into uh into the new year can’t hear you buddy there’s a lot of interesting things happening right now like there’s so many balls in the air as everything getting juggled I’m just waiting to see
what Falls what catches which direction we’re running I’m prepared either way but sure it would be nice to have a little more stability to know which way we’re running yeah no it is and but I don’t think we’re going to get that here for a little bit I think 2025 will be a year where the volatility surprises people uh there’s there’s irrationality I think surrounding the Euphoria uh much of it is Justified some of it I think is naive to to think that it won’t be and like we were saying if they’re putting this much
effort in disrupting his agenda now what will they do once he takes office I mean lot of people what did they do the first time well and and that’s what I asked by the way for wkw I asked Judy Shelton that why haven’t they audited the gold well it’s too expensive they say and and it’s logistically challenged and she’s like that’s all crap she’s like We’re the United States spend a few million dollars and audit it that would be step number one um and the question being if if you know why wouldn’t they audit it
it hasn’t been audited for over 70 years and it’s supposedly the people’s gold so um that can we do a petition We the People petition to uh audit our gold do you think it would do any good I don’t know why we the people would would would usurp at the time you know Ron Paul who was a member of Congress and he wanted to do it and was shot down twice I think so and and yeah I mean maybe get a petition I don’t know how that works but Judy Shelton said that would be her ultimate goal I asked her about revaluing it and she didn’t
say yes but in so many words but basically said yes in the way she answered the question and the one interesting thing that she said to me about all of that she said and then I could see them making stable coins back by the gold back 50-year treasury so you can see the the thinking of of someone like Judy who is an Austrian Economist who is a supply side Economist who who gets it and um understands that if we don’t do something to reins um Trust uh were in trouble and and it starts with transparency like blockchain and
gold so that would be the question if there is a reset does he come in and do it with constitutional money or does he do it with the central bank cbdc that’s the question that has to be answered yet I would like to think and I do think that they will do it with sound money and constitutional money medals but at the same time I have to consider that I am being horribly naive uh possibly yeah well I mean it’s easy it’s easy to be naive right now after what we’ve all lived through the last four years it is
I mean we we live through such Insanity that to see someone come in and talk Common Sense the way that he is is intoxicating I get it I’m all for it but I think we also have to understand that um it’s not going to be so straightforward and so easy um and I think there has to be a reset period what better better person to bring in than the master of the bankruptcy and the reset to reorganize the whole system um part of me feels that this is all intended it’s all understood and he is pushing us down that path um for a reset
and when you look at all of the debt it’s owed to the American people 90 plus percent of it Medicare Medicaid Social Security government military pensions and as the world been dumping us treasuries we’ve been buying them 7 trillion in money markets that’s all backed by treasuries the insurance companies um you know the Pension funds they’re all loaded with treasuries and now the crypto market with the state wait are you saying you’re saying all of our treasuries and pensions are backed by a bankrupt Corporation yes I am I am
I am indeed uh so yeah I think the fund just begins um but it’s all good man you know that it’s we’re onward and upward as they say uh yeah no I’m with you I I firmly believe we’re going to come out the other side the question is how rough is it going to be on the way out not easy how much crap like let’s just go right back to your Shaw Shank how much craps in the l two mile crawl a lot a lot we’re the largest de nation in the world and um there’s a lot uh and the asset prices that have all been suppressed
through low interest rates when they find equil equilibrium in the rising interest rate environment that’s when things get really really really interesting um I guess we’ll see I guess we’ll see I’m GNA have to run in a minute here I have that’s okay I have an 11:30 with Dr Paul Craig Roberts uh which will be an interesting one to chat with um yeah that will be and uh but I I will uh I will come back and see you real soon yeah when do we get you next we’ll talk about that later go you got to be there in two minutes um
you will you will see me real soon and um hopefully next week the following week I am in speaking in Vancouver um at the Vancouver resource investment conference and the week after that I’m back in the in the saddle so uh but I’ll be in touch we’ll talk some more I owe your son a call to life is just so busy for me we will catch up and uh and and you know the inauguration will will give us plenty to talk about and from that point forward I think it it it becomes interesting so it does uh Happy New Year to you and yours brother
uh I miss talking to you I look forward to seeing you again real soon and thanks for having me on take care see you buddy the illustrious notorious now Infamous Andy sheckman from Miles Franklin much appreciate all right folks I will see you this evening at 7 pm Eastern 7 PM Eastern we do have Dr Scott joining us scuro Canada’s handling it the same way we are we’ll we’ll do a little more deep dive on that one uh if you would like uh we can ask um Dr Scott this evening as well if you want multiple takes on it
but in nutshell you’re handling things the way we’re handling things the whole world is all right guys see you all this evening 7 PM Eastern
