China and Russia Now Gold-Backed Will the U.S. Follow on July 4th?

➡ The article discusses the potential for the US dollar to become worthless due to inflation, suggesting a return to gold and silver as a solution. It also introduces a new weight loss peptide, retatrutide, which is said to be effective in reducing appetite and burning fat. The article then shifts to an interview with Dr. Robin McCutchen, an economics professor who shares her insights on the US and world economy, the potential for a gold and silver-backed currency, and the undervaluation of silver as a commodity. She also criticizes modern economic theories for being mixed with Marxism and not being applicable in the real world.
➡ The speaker discusses the importance of teaching critical thinking in economics, highlighting the flaws in theories and how they apply to the real world. They express concern about the lack of freedom of speech in universities, particularly for non-tenured professors, and the impact this has on student learning. They also discuss the misconceptions about free markets and the need for open discussions about different economic systems. Lastly, they touch on the issue of censorship on online platforms and the need for more platforms that truly allow free speech.
➡ The text discusses the global dominance of Google and YouTube, and the speaker’s personal experience with defamation and censorship by these platforms. The speaker feels forced to take legal action due to the damaging information spread about them. The text also touches on the issue of scam gold IRAs and the importance of working with trusted companies. Lastly, it delves into the shift away from the US Dollar and Federal Reserve by countries like Russia and China, and the potential implications of this change.
➡ The speaker believes that the US is preparing to replace the Federal Reserve System and its notes with a gold and silver-backed dollar, returning to constitutional money. This change is expected to occur on the 250th anniversary of the country in 2026. The speaker also discusses how China and Russia have already backed their currencies with gold, making them more valuable than the US dollar. Lastly, the speaker suggests that silver could become more valuable than gold due to its industrial uses and limited supply, and that the current market price of silver is undervalued, presenting a significant investment opportunity.
➡ The speaker discusses the negative impacts of war, suggesting it benefits only a select few while causing suffering for the majority. They argue that war is not a natural human instinct, but a tool used by some for personal gain, even at the cost of mass destruction and loss of life. The speaker also expresses a preference for peaceful trade over conflict and questions the intentions of multinational corporations. Lastly, they express a sense of mistrust and uncertainty about the truth in current events.

Well, first of all, I think this is just me. I think you have to print the dollar until it becomes totally worthless so that the people out there are saying, hey, my dollar is worthless and inflation is skyrocketing and we else, why don’t we go back to gold and silver. It’s got to be, I think it’s got to be a push or it has to look like a push or it has to look like it’s a solution to a problem. Just a short break from the program to share with you an amazing peptide to help you lose weight.

It’s stronger than Ozempic and why it’s because it not only reduces your appetite but it also burns fat. These other GLP1s on the market, they do not burn fat, they just reduce your appetite. This one retatrutide is stronger. It’s considered a next generation peptide because of that. And man, does this work. I’ve been using it for two and a half weeks and I’ve already lost 11 pounds and I cut my dose in half because I was losing weight too quickly and that kind of freaked me out to be honest. And so I also am taking this 5amino 1 mq in capsule form.

This helps by making sure that you lose fat, not muscle. And so in conjunction I’m using both of these. This will work whether you have this or not. And I am telling you it’s amazing. If you are interested in getting this, I have the link below or you can go to sarahwestel.com on the shop. You can use the coupon code Sarah to save 10%. If you have questions about your own use, you should either consult your doctor or you can join Dr. Diane’s tribe. And I have a link below to that. It is only a dollar for the first week.

You can ask her any question you want and get all your answers to this. How to take an injectable and there shouldn’t be any fear in doing that. It is easy and straightforward. Go to sarahwestall.com under shop or use the link below and remember to use coupon code Sarah. Welcome to business game changers. I’m Sarah Westall. I have Dr. Robin McCutchen coming to the program. It’s my first time having her on. I am so glad I found her. My friend Dr. Dave Janda just has nothing but positive stuff to say about her. I watched her on his show and his listeners were like she’s amazing.

We got to get her back. I think you’re going to appreciate her insight. She’s an economics professor One of those at the university that can, she says tenure. So she’s able to speak her mind and we talk about that a little bit. And one of the few that are understand free markets and teach it to students. And she’s going to give insight on what’s really happening with the US economy, with the world economy, with the reset, with the US dollar, with gold and silver. And she believes that we are going to switch out the dollar for a gold back and silver backed currency.

And that’s going to happen maybe like Judy sheldon says on July 4th, our 250th anniversary. Wouldn’t that be amazing? And it will change everything as far as what our goods and services are priced at and valued at. Right now our dollar is diminishing and has very little value. She says it has, it’s not worth anything. And that overnight China’s and Russia’s yuan and ruble are worth more than the dollar once they made it back. Two months ago, China made it backed by gold and so it’s worth more than our dollar. She’s going to explain all of that.

We also talk about how silver is the most undervalued product. It’s a commodity, but it’s the most undervalued. It is such a wonderful opportunity to buy. If you have not even at $100, it is a screaming deal. Just from a plain old product standpoint. We explain that why from a product standpoint it is not even a money standpoint. How it’s so extremely undervalued and that it’s still a wonderful time to buy. If you are interested in buying, I, I tell everybody, go to Miles Franklin, you can trust them. They are not going to gouge you. They are going to treat you like a sophisticated metals buyer and give you premiums that they would give somebody that knew what they were doing.

It’ll be very competitive. They claim it’s the most competitive in the country and in fact it’s so competitive they do not print their price list. You need to email them and get their price list and you can do that by going to Sarah Westall and dot com Miles Franklin fill out that form and get access to their special price list which is not publicly available. We don’t know how when this readjustment is going to happen, but it, I mean it’s going to happen at some point. Here we see it’s already tripled this year. I think, you know, it’s gone from what, 25, 30 up to 100.

It’s, it’s going to keep going in that direction. So just don’t lose an opportunity. Of course I’m not. I can’t give you investment advice, so you need to be responsible for yourself. But the writing’s on the wall. Take advantage of it right now. Even if you have a little bit, it’s really worth investing. Also, if you have been scammed in your ira, be sure to look and if you’re underwater and with the amount it’s gone up, if you are still underwater, you have been scammed. If you haven’t significantly grown, you have been scammed. Look at your IRAs.

If you have fill out the form, we can help you. We’ve helped hundreds of people get their life savings back again. Sarah westall.com Miles Franklin okay, let’s get into this really intriguing conversation that I have with Dr. Robin McCutchen. Hi, Robin. Welcome to the program. Hi, Sarah. Thank you so much for having me. And thank you for sharing your audience with me. Well, you have come highly recommended. My friend, Dr. Dave Janda just has nothing but positive things to say about you. And his audience loves you and says that, you know, we need more of you.

And I said, holy crap, I was listening to one of your interviews with them. I said, this is really good stuff and people need to listen to you more. You are one of the rare ones that teach economics at a university and are able to actually speak your mind and talk about your background and how tenure we’re going to talk about tenure to a little bit. Why that allows you to actually have a voice. Okay. Well, I’m a full professor at Marshall University at the Brad D. Smith School of Business. And this is my 17th year there.

But I’ve been teaching economics for a long time. And with respect to tenure, it’s important because when you have tenure, you can’t be fired just because you’re speaking your mind. And we need, we need to have tenure in our universities because we need to have all sides of a conversation. So, for example, when I was a student, PhD student, my goal was in researching the theories that we were learning. My goal was to find the holes. Where did they fall down? Where did the originator of the theory not take in something else into account? And what I found is that most of the theories that we have currently, like macroeconomic money and banking theory, labor economic theory, international trade theory, all these theories that I’ve been studying, most of them that originated after the 1880s, are mixed with a healthy dose of Marxism.

And it started in the 1880s, you would say before that they were different before that, they were different. The theories that were coming out of the 1700s, like the Adam Smith theories of free market trade. Those theories were twisted after Marx’s book came out and then began circulating through the European continent and then was branch brought over to the United States to the Ivy League universities like Princeton and Harvard and Yale and, And steadily from 1880 forward, those theories were mixed with Marxism to the point where they don’t, they don’t make any sense. If you try to apply them in the real world, they, they don’t work.

And a, in my opinion, an economic theory should work if you take it and apply it broadly in the real world. Otherwise, what are you teaching people? Right? You’re teaching them hogwash, right? Exactly. Well, maybe some of that was the point. I mean, if you’re, if you’re teaching hogwash, if you’re teaching students propaganda, how can you teach them then to think? If you’re not teaching a student how to use their reason and their critical thinking and their logic, how can they look at the world and make any sense of it? And, and if they’re not thinking properly, if they’re not reasoning properly, they’ll always come to the wrong conclusion.

So. Well, it’s important that if they don’t get that critical thinking skills, which is the only real thing that matters coming out of college is, I mean, let’s face it, because you’re going to learn so much more working in, in the real world if you don’t learn the methods of critical thinking and, and really refine that process, you, you, you didn’t learn anything. Yeah. Yeah. And unfortunately, most. I hate to say this about my own profession, even, even economists, most students exit being better critical thinkers. And that’s the sad part. So, so the way I teach, I, I show the students the theory and then I show them where all the holes are at and I show them why the theory that we’re learning will fall down in the real world.

And then how do we take that theory back to its original point where it did work, and then go from there? So what I’m doing is I’m, I’m not just teaching them the theories, I’m teaching them. We’re all to how to find the holes. How do you reason your way through a theory so that they too can see the propaganda versus what’s real? Does that make any sense? No. Totally makes sense. Yeah. That way, that way they can, they can exercise that critical thinking muscle even more. Well, your, your tenure helps. You have the ability to, to teach the independent Thought and to go out on a limb to come onto this podcast.

I mean, I taught for five years at the University of Minnesota Carlson Business School. I couldn’t. I was adjunct, you know, which is what there’s more and more professors that are adjunct who are not able to speak their mind. And because they do it for resume and for do you know, they want to give back. It’s not their full time deal. And the universities are almost weaponizing that because then they can control the narrative. Tenure is a problem for universities that want to keep costs down and want to control the narrative. And tenure is exactly becoming less and less.

Yes, yes, I know. Universities that have gotten rid of their tenure system and the professors in those universities are scared to death to speak out. They tow the property line. I know. Because the losers are the students, right? The ideas that should be discussed. Why do we laud Marxism versus free market economics and those two ideas because they’re 180 degrees from each other. They should be discussed. We should be talking about the benefits of Marxism, which there aren’t any, versus the benefits of free markets, which there are more of. We should have students comparing and contrasting within a country what happens when a communist takeover happens versus what happens when that country is freed up through democratic free elections.

We should have the conversation about what happens between countries. You know, do you have more trade with a Marxist communist country or not? Well, they’re right. They’re learning falsehoods about what free markets are too. I mean, they’re learning that free markets are, are fascism. You know, they’re, they’re learning all sorts of things that are not true. That’s right. One of, one of the classes that I teach at Marshall University is Comparative Economic Systems and the students nicknamed it the Atlas Shrug class because use Ayn Rand’s book for a good chunk of the semester. I know it’s a cautionary tale, but some people have been using it as a how to manual and to take over a country and turn it from a free market country into a communist country.

And I want students to talk. It’s a discussion based class, but I want them to tell me what are they? What, what were they taught in their other classes? That has them get into my comparative economic systems class and absolutely detest and loathe free markets or truly be just anti American. What, what were you taught? How, how did you bring these, where did you get these ideas from that you’re bringing them in and now you’re mad at me because I’m teaching you something you never learned before you’re the messenger. Bad news. Yeah. So I’m always the messenger of bad news.

Well, anything you can get people to think. I love getting people to think a different paradigm and understand it. And it’s the struggle of understanding that gets you to a whole nother level of under, of knowledge, of wisdom. Right. But one of the things, you know, I was at the forefront of the Internet when we were creating, and one of the things that I, we said and I didn’t realize, I was kind of a dumb kid at the time, in my 20s, doing all this work. And so we’re going to bring freedom to the world. And I thought that, it really thought that if people had more access to information and everyone could talk, that there would be peace, not freedom.

Peace. That we would bring peace to the world because people don’t want their neighbor bombed. We might not agree with Iran or we might not agree with China, but we don’t want our trading partners bombed. I mean, think of how much we trade with China. We, we might not want them taking over our universities and our media, but we don’t want to bomb them because we. They’re our trading partner. So it creates a different dynamic, doesn’t it? And the propaganda we now know, when we see propaganda from the mainstream media, we can all recognize it now.

Right, Right. Well, I heard, I heard a long time ago, like maybe almost 30 years ago. It was a very wise man and he said, when everyone can talk with everyone else, there can be no secrets. And this was back even before the Internet got really going. And I thought, wow, that, that’ll be really cool. I wonder how we’re going to do that. Well, now here we are. Everyone can talk with everyone else and, and it’s becoming increasingly difficult for secrets to be kept, and it’s becoming much easier for the truth to be known. I was delighted when Elon Musk bought Twitter.

I don’t care about the change in name, but it delighted me because it freed up an entire space where people, well, okay, more free. Yeah, it’s still censored, but it’s better than it was. It’s better than it was. It’s much better that. Than it was. And I think that since then, that was in 2022. And since then there have been a number of platforms that have really bloomed, like Rumble. I’m not sure what happened to Odyssey, but Rumble is, is going great guns. Yeah. YouTube is getting better, but, you know, they did their big. I know.

Big purge in October of 2020. It doesn’t seem like it’s come back all the way. But it’s better. It’s better, but I don’t know, you’re talking to a person that’s in a lawsuit against Google and the federal government just landed last week. So no, oopsie. It’s better, but, but it’s not perfect. It’s not to the point where you can say anything and not get banned or shadow ban. Ask you, is it better if you let, is it better to just ban them all right, outright and people believe they have to go elsewhere? Or should we bring people back and give them the illusion of freedom and, and shut them down anyways? Convince everybody else in the world that every, that they’re free and they’re just not liked and nobody gives a crap about hearing what they say.

And then it kills the actual free platforms that are really trying to get the information out there. I think it’s an economic thing. I think they are doing economic warfare with this. But that’s just my theory. I don’t know yet. You, you might actually be correct about that because how easy would it be to kill a free market platform if you shadow ban people and give them the illusion of freedom and free speech? I mean, I’m, I’m not into supporting illusions, especially, especially the illusion of choice. Well, Ray May, he emailed me and says, Sarah, what do you think they’re doing with YouTube bringing everybody back? And I said exactly that.

I said, I think they’re creating the illusion and they’re going to try to crush you. Like, I’m sorry, Ray, but I think that’s what’s happening because that’s what it looks like it’s happening. Well, it just means that we need more platforms. We don’t need fewer, we need more. And I, I don’t personally, I don’t know how to make those platforms, you know, I’m, I’m merely a guest. You’re an economics expert. But, but you see, I’m just a teacher. But it seems to me that if you, if you really value free markets, you create as many platforms as you can, a hundred thousand of them, so that they’re competing against each other.

And those platforms that really are free markets, that really allow free speech, that don’t shadow ban, they’re the ones that are going to make it because the other ones are going to be crushed. But yes, you’re right. If you only have a few platforms, say you only have six or 10 that are really used frequently, of course you could get two or three to crush the others, especially if you use nefarious methods. So I’m, I’m, I would rather have a hundred thousand platforms and then have to pick and choose than to have 10 or three. Because that’s, that’s just, you know, now we’re looking at monopoly power, and that’s not good for any consumer.

That’s right. And, and we, the monopoly is more of a monopoly than people even realize when you’re looking at countries. Google and YouTube, for example, have 100% market share in many countries around the world, and they have dominance on every continent in the world. They’re not just a US Company, they’re a worldwide monopoly. Well, they’re a worldwide propaganda platform. Am I going to get banned for saying I’ll probably get crucified, I don’t care. Well, and it needs to be. It needs to be said that there’s something not right here. And you know, when it came to my thing, they actually defended, named me, put me on the front page of Google search results relating me to a porn star.

They had for the front page search results, Sarah Westall podcast porn star stuff. Really defamatory information, hit pieces, fake channels, and none of my own stuff came up. You must be a big threat to them. Well, that’s what got me to sue them. They could be censoring me all day long and I wasn’t going to sue them. But when they started doing that, I didn’t. It was like they forced me to. They said, the only way we’re not going to attack you is if you sue us. Because that’s. That was the only option I had. I mean, it was like, why are you attacking me? That’s an odd business model.

We need to get Sarah ruffled up here. So let’s put her up next to some porn stars and defame the heck out of her. There’s some rogue people. I mean, I can’t imagine I’m that important. Well, well, like I said, you must be a pretty big threat if they’re actually doing things that are forcing you into action against them. Wasn’t that a forcing into action? I mean, because you don’t have any other. I either. If I want to stay in the business, I have to do something about it. Yeah. Or, yeah, I can’t not defend myself or I get out of the business.

One of the two. Because I’m like, I can’t have this. This isn’t totally inappropriate. I mean, stop it. Right? You can censor me. Okay. I probably would have just went away, been a sheep. If you were just Censoring me. But if you’re doing that, any self respecting human being has to do something. Exactly. I don’t. I just think it’s an odd business model which makes me think that you’re a bigger threat to them than you know you are. And if you’re having all manner of good guests on that are exposing more and more areas in the world to the truth of what’s happening, you are definitely a threat to them.

Well, I want to be a threat and I want you and all of every guest I have to be a threat to bad guys, to people who are not. Whose agendas are not for the people and. Right. You know, and there’s nothing wrong with wanting to make money but don’t make money at the expense of others and. Right. And I will support anybody all day long who are just doing good business and wanting to make money and helping others and providing a service. That’s free markets. Right. You want value for the value that you’re offering, you want a fair trade.

And there’s nothing wrong with making money as long as the product or the service that you’re offering is accepted at the value that both parties are willing to trade at. So I mean, you know, that’s just, that’s just basic economics. Just a quick break from the program. I need to share with you an urgent manner about scam gold IRAs and the important need to make sure that you’re working with a trusted company in the precious metals space. I have had hundreds of people come to me now where they have lost 50, 60, 70% of their life savings in these scam gold gold IRAs.

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Well, it seems to me, it seems obvious but let’s talk about the current wars. What is that going to do? Do to the. There’s a backdrop of the fiat currency term. This is the great reset. Right. The fiat. There might be more in the way they’re looking at it, but Part of the great reset is the economic reset, because the currency, the fiat currency, which is the US Dollar, has been printed so much that the value has gone down to almost nothing, and that it has to be. It has to be traded out. And because we’re at that point where it’s being traded out, this is a power vacuum where everyone’s coming in wanting to get that power that only gets traded out when there’s a currency change.

And the last time there was a currency change was World War II. Right. So what, what do you think these wars are about? The, the countries are all ramping up. Germany, I mean, it’s like, like this, their defense spending, it’s like that everywhere. The defense spending in these Western countries are. Have sky. They’re building up. They haven’t been using it yet, but they’re building up to do something. What are we going to see? That’s a good question. I need to backtrack a little bit. Back In February of 2020, President Trump put the Federal Reserve underneath the umbrella of the treasury, which I thought was an odd.

I’ve never seen that before, and I thought that was very odd. I remember that. And, and then there, on February 29, 2020, there was a little like a memo that went out that said, this is how much gold is in Fort Knox. And I’d never seen that before either. So who did it say it was? Like 8, 181. 8123 tons of gold. Okay. Which isn’t that much valued at 42.22 an ounce. Okay. Okay. So this is six years ago now. And, and I, I printed it up because I thought I’ve never seen this before, and it’s odd.

And I sort of tucked it away And I went, $42. Well, I think gold back then was somewhere around $1700 an ounce. And now it’s what, 5100 in excess of 5100. And so the Federal Reserve Note, the thing we call a dollar, is not a US Dollar. It is a private debt instrument issued by a private bank, the Federal Reserve. And as you pointed out, it’s been printed into oblivion. It’s been printed into worthlessness, in my opinion, at this point. Now, across the world, starting in about like, 2005, 2006, a couple of countries got together and decided that they weren’t going to use the Federal Reserve note or US Treasuries as the middleman exchange currency.

They decided they were going to use their own, and that was Russia and China. And this passed by my eyes Way back then. And I was like, what are these guys doing? Because Russia said to China, we’ll trade using our ruble and your yuan and we’ll skip using the US Dollar. And I think that this might have been part of the start of the brics, the Brazil, Russia, India, China, South Africa. I call it a consortium because there are now many, many more countries. And all of these countries have agreed to use their own currencies backed by gold and silver.

And, and I think they now even have what, what would be called a stable coin. I think they call it the unit. Yep. Andy Shenkman has talked about this. Where they use the bridge system, where they’re trading. Yeah. Without using the US Dollar. So when you get a large number of countries moving away from using the Federal Reserve note or US Treasuries, you’re going to have trouble in that source country in the United States. So if the Federal Reserve, a Western central banking system is going to be shunted aside, what do you need? Well, you need a whole other system.

You need a different system that doesn’t use anything that the Federal Reserve and all of their compatriot central banks are using. And so the BRICS countries have moved away from Swift system. Biden kicked Russia off the Swift system February 2022. And I saw that and I was like, that’s nuts. Why would they do is accelerate what they’re trying to do. Exactly. So this, what we’ve been seeing then is an acceleration moving away from these central bankers, the Federal Reserve, the European Central bank, the, I don’t want to call it the bank of International Settlements, although I suspect they’re in the mix too.

But you’re seeing a worldwide shift of countries getting up and leaving. I’m not using your currency anymore. And, and here’s another thing President Trump said not too long ago, I think it was a year ago when he was running in 2024. He says, we are not going to replace the US dollar. I said, we don’t have a US dollar. We have a Federal Reserve note. That’s not a true constitutional dollar. What is he doing? And all of a sudden I realize we’re getting ready to get rid of the Federal Reserve System and all of their Federal Reserve notes.

And we’re going to go to a gold back silverback dollar. We’re going to go back to constitutional money. And I started hearing Judy Shelton, who is, who was supposed to be bad chair back during President Trump’s first term. And I’ve been listening to her, and she is gung Ho, on a gold back 50 year treasury note. Didn’t you go back that on July 4th of 2026 at the 250th anniversary of the country that that’s when it’s going to shift over, isn’t that. She notoriously said that. I think that’s what I heard too. And that made my ears perk up because I’m, I’m thinking, okay, well how do you make this happen? Well, first of all, I think this is just me.

I think you have to print the dollar until it becomes totally worthless so that the people out there are saying, hey, my dollar is worthless and inflation is skyrocketing and we need something else. Why don’t we go back to gold and silver? It’s got to be, I think it’s got to be a push or it has to look like a push or it has to look like it’s a solution to a problem that was. People won’t adopt it. Is that what you’re thinking? They’re not going to. But see, we’re getting, we’re getting some good, getting some good stuff from across the world because not two months ago, I think I heard President Xi of China say, oh, by the way, we’re going to back the yuan with gold.

Five years ago he was saying, we’re never going to do that. We don’t want the yuan to be a world reserve currency. Two months ago he’s like, yeah, of course we want the yuan to be a world reserve currency. We’ll back the yuan with gold. And we know that President, we know the president, we know that President Putin did that back in February 2022. He backed the ruble with gold. What does that mean? I, I want you to expand on that. What, what significance does it mean when China says that and Putin says that? Well, what, what it means is now there does that.

Yeah, their currency is now more valuable than ours. Because if you pull a, if you put a Federal Reserve up note out of your wallet, hold it by the tip, that’s how much equity is left in that dollar. The entire dollar is debt. It’s worth nothing. And so instantly the yuan becomes more valuable, instantly the Russian ruble becomes more valuable than the US Dollar. And what that means is that the, the buying power of those currencies remains stable. They have very little inflation. It’s so much better for their people. Let me ask you, gold was made a, a tier one asset just like.

Right. I don’t know if the dollar is going to stay there. But you said it’s going to be backed by silver as well. Do you think silver is going to turn into something? That’s because it has the, the technical, the technical infrastructure. It can be a conduit for high tech. And will they use it as a currency as well? I think they will because about 60% of the silver that comes out of the ground, and I think we produce something like 820 million ounces of silver a year. You’ll have to check with Andy on the number of ounces, but about 60% of that goes directly into industrial production.

And we don’t know how much is going into military use. But because they stopped telling us that about 30 years ago. So of the 40% that’s left, people are now using. They’re now buying silver rounds and silver bars and silver jewelry. And at the beginning of the year, January 1, China slammed the door on exporting silver out of their country. They only have a, like, something like 42 or 44 companies that are allowed to export, but they need permission. So China is hoarding their silver and their gold. And so when you take, when you take all of the gold, all of the silver that’s coming out of the ground, you chuck aside 60% of it, you’re left with 40%.

You’ve got countries around the world that are hoarding it. Now that silver becomes really valuable. And I think it’s going to be like palladium. I think it’s going to really jump up. And also because it’s more valuable than gold from a technical standpoint, from the production standpoint. From production, I think it could bypass gold because the market conditions, I’m looking at it from a pure market product standpoint, it’s going to be more, it’s more valuable than gold from a market standpoint. And I have heard experts. See, I’m not the expert. Andy Shenkman is. Bill Holter. I’ve listened to Martin Armstrong.

I’ve. I’ve listened to experts, real experts, because I’m not the expert in the silver and gold industry, but I’ve heard people who I respect say that the price of silver per ounce will exceed that of gold because it makes sense for, because even if you’re not a money expert, if you’re just a business expert. Expert, right? That’s what a product dynamic is. And you, you throw out all the money stuff and just look at it from a product standpoint, there’s. It should bypass it. Right. And because the supply is so restricted, you know, we’ve only got the 40% and we’ve been, we’ve been using in excess, I think something like 200 million ounces per year in excess of what comes out of the ground for the last four or five or six years.

Which means we’re, we’re digging into those stockpiles of silver. That’s right. We’re not producing. You can only pull it out of the ground if it’s there. When it’s not there, the supply of silver becomes so restricted that. Yes, it becomes a vertical supply curve. And then the demand hikes up and there goes the price. It’s going to be crazy. I think this is one hell of an opportunity to buy something that’s way undervalued. I mean it’s. Right, it is like an opportunity of a lifetime right now. Right, Right. And the price, and I know that Andy has talked about this, the price you see on the comex, that’s, that’s really a fake price.

That’s not the actual market price of silver. We, we don’t, we don’t actually know what the market price of silver is because we’ve got these fake paper markets that have been manipulating the price of silver and gold for the last 30 or 40 years. That’s right. So we don’t really know. And when that price is released into the wild for the free market to take hold of, you know, even if you paid $95 today for it, when that price goes up into the four and five digits, you’re gonna think you got yourself a really good deal way back when.

Yeah. When you bought it for 25 or whatever. Right. Even at a hundred. Right now it’s a, Even at a hundred. If the price of silver goes to 1500 an ounce, you’re talking. I know. That’s some serious wealth. 1500% in the next couple. I, I, we can’t be. But it’s the dynamics, the market dynamics is so ripe for this. Okay. And that’s, and that’s why when Judy Shelton talks about backing the 50 year T bill with gold, it makes perfect sense to me to have a true US dollar, a constitutional dollar backed by silver, just as it’s defined in our Constitution.

So then you have a stable price. That currency can’t be printed into oblivion because you can’t print more silver. Of course we’re going to need some responsibility, some fiscal responsibility over in Washington. Well, we don’t. Maybe eventually we’ll get there. What do you think? People are being so frustrated, they just kick them out. I mean, God, I hope so. It’s so bad. Okay. Now, what in the world do wars do from an economic standpoint, other than filling vacuums and people fighting for that power? Does it have a positive. And they obviously use it whenever they need to pump up them.

It’s an economic boom of some sort. Right? What are they doing? It just, I don’t, I don’t believe. I never believe a war. Some of it’s real, but most of it isn’t. I don’t think at the end of World War II, the amount of construction that had to take place to rebuild large, large areas, it provided jobs, it provided growth, it provided new buildings and increased monetary spending. Wages went up. I mean, it’s like Hazlet’s broken window theory. You know, you can, you can have economic growth if you just destroy everything and then you have to go rebuild it.

But does. Is that really growth? Is or is that. No, of course it isn’t. Okay. Of course it isn’t. It’s like, let’s burn our house. It’s one thing if we got insurance for a house, but it’s like burning down your house without insurance and then spending it, acting like you gain. Right. But, but see, the people who benefit through all of this destruction and then rebuilding aren’t necessarily people like you and I. It’s not the common people on the street. They’re the ones that suffer the most. Right? Their, their homes are destroyed, their jobs are destroyed.

The people who benefit the most are, you know, part of the military industrial complex, they’re part of the banking complex. Yeah, they all benefit. They’re part of. Right. I mean, all of our favorite people. And so, no, going around destroying things and bombing countries is not economic growth. It can’t be. It’s depopulation. I mean, some people think that it will do that too. Some people think that cutting off the fertilizer and the trade routes are going to cause some mass starvation, and it’s part of their plan. I mean, I don’t know, when you read some of the Kissinger files and some of the, you know, deep state files and how they used.

And historically, some of the, you know, philosophers talking, how they use wars specifically for depopulation, you start wondering. I mean, we’ve seen that. We’ve seen that, haven’t we? Haven’t we seen that World War II and World War I were exactly 20 years apart. So how do you get rid of the people who were born during World War I and you have a population bloom, how do you get rid of them, have another war 20 years later? But, you know, if you go and you look at the frequency of wars that we’ve had even since, say, the revolution.

It, it can’t, it can’t look but weird and planned. Do you, you think it looks weird and planned? You think human beings. I don’t believe that it’s natural for the normal human beings to have wars. I think it’s something that, a certain psychosis that’s not natural has wars. I mean, I’m going, I mean, I, I, I’m just like, I have a hard time getting inside of the mind of someone who, or, or a group of people who want to destroy. I, I can’t think like that. I, I don’t, that’s my, doesn’t make any sense. Yeah, it doesn’t make any sense to me.

There’s something different about them that would want to do this and, and would look the other way just so they could make money. And that’s the awful part of it. People who would do, People who would destroy their own country or someone else’s or both at the same time. People who would deliberately murder populations for whatever reason just to make money. That’s reprehensible in my opinion. It’s not. And I can’t, I can’t think like that. I don’t understand that kind of thinking. But, but I understand it’s got to take some serious hatred towards people. Well, I think the propaganda doesn’t work anymore because like we said, the Internet and we don’t want to bomb our neighbors.

We don’t want to buy, we don’t care. We don’t think like them, but we still don’t, we don’t kill them. We talk to them all the time. We do business with them. And so I think we’d rather trade with them. We would, I think we would trade with them. I don’t want China, I don’t want them. I don’t want anybody bombed. And we, I’d rather have them as my trading partner. And most businesses trade with these guys. Yeah, but as you pointed out, Google is worldwide. How many other multinational corporations, it doesn’t matter to them if they’re, if they’re one little corner over here, because they’ve got 15 other different countries that they’re working in.

You know, I’m, I just have this suspicion that multinational corporations, they could be good, they could be benevolent, but I, I don’t know that they are. I’d like some proof, and it all depends on who. I’d like some proof. I’d like some proof. I love that. I, I You know, a hammer is a tool. You know, you can use it to destroy everything around you or you can use it to help you build something. And. And I think that. I think that most people would rather build something than. That’s right. Be destructive, because it’s not helpful.

It’s. It’s not good for their. It’s not good for their own self. It’s not good for their own karma. It’s not good for their children. It’s not good for their community. It’s. That’s right. The amount of destruction that we’re seeing in these last 10 days since February 28, I think it might be. I hope it’s not horrific. Let me put it that way. I. I hope that what I’m seeing isn’t true, but I fear that it. Once again, I’m being lied to. I don’t know who to trust. I don’t know. I don’t know where the truth lies.

And that’s a difficult position to be in. That’s exactly right. And I think that’s where everybody feels right now. They’re just. And we just don’t want the bombing. Well, you are amazing, and I have to have you back. I’m so glad I found you on that. Dave is like, this woman’s gonna hate you. Gotta speak to her. Thank you so much for coming on the program. Where can people learn more about you and possibly. Do you have any books out? What do you got going on? I have a website. It’s where I post all of my interviews and my classroom lectures.

The website is lynxync.com It’s L Y N C-S-Y N C.com and I’ve got my Atlas Shrug class. Those are the freedom lectures. I’ve got my. In the classroom. That’s all my economics lectures. And then I’ve got all of my interviews. And. And there are plenty of them, so. Yeah, and so. So anybody can watch your lectures. They can go there and watch your atlas. It’s as if you’re taking a college class. They can just sit and watch your lectures. Yeah. Excellent. That’s right. Yep. Other than that, I really don’t do social media. I. Well, I don’t blame you if you don’t have to.

I wouldn’t. Yeah, I, you know, I don’t mind being. I don’t mind being criticized and I have been thrown under the bus more than once, but I have. I wisely decided to stay off social media. Way back when MySpace came out. Well, yeah. Otherwise you’re just like a freaking. Yeah, you’re getting ran over non stop. I don’t have a choice. So I just get beat up. But that’s, you know. It is. You’re far braver than I am, Sarah. I just refused. I’m like, okay, bring it on. No, no. I’m stupid. Okay, well, thank you so much for coming to the program, Sa.
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