The Economy Is Splitting in Two

➡ The discussion revolves around the idea of the ‘fourth turning’, a cycle of societal change that occurs roughly every 80 to 100 years. It also covers the current economic situation, including the declining desirability of US bonds, the struggling real estate market, and the potential misdirection in the economy. The conversation also touches on the impact of AI and data centers, the value of silver as an investment, and the widening gap between Wall Street and Main Street due to inflation and the rising cost of living.
➡ The article discusses the current economic situation, highlighting the widening gap between the rich and the poor, and the illusion of a strong economy masked by the stock market. It also touches on the potential for war as a means to cover up recession, the depletion of national defenses, and the impact of military spending on the bond market. The article further explores China’s economic strength in comparison to the West, suggesting that China is in a better position due to its infrastructure, commodities, and manufacturing. Lastly, it suggests that the U.S. could benefit from refocusing military efforts towards exploration and infrastructure development, rather than engaging in costly wars.
➡ The speaker discusses concerns about the current state of the United States, touching on issues like immigration, economic instability, and political division. They express worry about the potential for socialism and the loss of traditional values, suggesting that these changes could lead to the downfall of the country. The speaker also emphasizes the importance of holding wealth in assets rather than dollars due to the changing economic landscape. They conclude by expressing hope for a return to the principles that they believe made the country great, such as respect, hard work, and meritocracy.
➡ The speaker discusses various issues, including the loss of societal values, the controversy over gender in sports, and the economic challenges facing the U.S. They express concern over the country’s increasing debt, rising interest rates, and the potential devaluation of the dollar. They also touch on the negative impact of social media algorithms on American youth, contrasting it with China’s focus on education and development. Lastly, they predict a rise in the value of gold and silver due to economic instability.
➡ The article discusses the current state of the gold and silver market, highlighting the increasing demand and decreasing supply of silver. It suggests that silver’s true value is likely higher than gold, but revealing this could disrupt the tech industry, which heavily relies on silver. However, the author believes the tech industry could absorb a price increase as silver is used in small amounts in tech products. The article also mentions the possibility of price discovery in places like China and the Global South, where silver has been accumulated and produced for a long time.
➡ The speaker misses attending the state fair, particularly the games and food. They recall winning a large stuffed animal after successfully flipping a bottle, a game they initially thought was easy. They also reminisce about their favorite fair foods, including a pork chop on a stick, corn dog, powdered donuts, chocolate chip cookies, and French fries. They look forward to returning to the fair and enjoying these experiences again.

I think are encapsulated in the idea of the fourth turning. Are we in the fourth turning right now? Are we at that point? We’re at roughly every 80 to 100 years where the people now really don’t remember what the people during the Great Depression and World War II went through because they’re largely all gone. And so the story resets and each turning is different than the 1, 2, 3 and 4. And we are at the end of the before turning, according to many, where all of this upheaval changes and resets. To your point, do we? I don’t know.

But. Thank you for listening. Thank you for sharing. And please subscribe below and subscribe. Think about joining my substack@SarahWestAll substack.com or my newsletter. You can sign up for that as well@Sarah Westall.com and remember to give a thumbs up and to subscribe on the platform that you’re watching. Welcome to the Economic Financial Review. I’m Sarah Westall with Business Game Changers. I have Andy Schekman coming back. We’re going to talk about the fact that there’s a lot of misdirection going on. And if you haven’t noticed, there’s a lot of misdirection going on. Right. One of the things is in the bond market, why are people not people? Well, people are behind countries.

Why are countries not buying our bonds like they used to? And why is the US Bonds not as desirable? And there’s a idea that China’s not buying our bonds because they’re suffering internally. We’re going to challenge that a little bit. I think that’s part of the misdirection. I don’t think their economy is internally struggling as much as the rhetoric. And I ask him that question. What do you think about that? Then we also talk about the real estate market. It doesn’t look too good. So what’s going on there? And I brought up Ed Dowd’s analysis that 80% of the country is in recession and that the AI and the capital investment in that area with data centers and then, you know, the infrastructure of AI is papering over the recession realities.

We’re going to talk about that. And what comes after that capital flow is starts to dry out, which it does as they realize that the investments they’re making in that area is not producing the results that, that it should have. Right. Eventually AI will be absolutely massive for us. I don’t think that people know I come from this area. I don’t think that the data center build out is as the way that they’re doing it in with these massive hyperscale data centers. I just, I don’t, I don’t think that’s necessary. I think there’s a much better way to do distributed data center build outs.

I think the way SpaceX is doing it, doing it distributed. Now I don’t necessarily think, think that doing it in space is the best thing to do but the distributed idea is a well engineered idea and the reason I don’t like the space is because of ownership of the data. I think there’s a lot of issues there. I think the faster we get into looking at what’s really going on with AI from what’s best for us as a human race, the better it is. But that’s not what this discussion is going to be about. We’re going to talk more about the misdirection that’s going on and how is that being interpreted and some of it could be pretty good if you get people missed.

You know, if the misdirection is used in a way to implement things that are better for us than hey great, I just don’t want us to be creating some of this misdirection. Especially when we start looking at what China gets their kids get and what our kids get when they’re using social media applications. We talk about that a little bit as well. This is another great conversation with my friend Andy Schectman. If you are interested in getting gold and silver, I think silver is a freaking fantastic buy and we’re going to talk a little bit also in relation to that 60 in the 60 price range.

67 I think today I, I had an analyst and I talk about it and ask his opinion on this. I had analysts at Sarah. If silver was really priced what it was worth then the entire tech industry would collapse. And I don’t. And we he challenges that idea. But if it got, but if it got to what he said it was worth, he thinks it’s worth more than gold and that based on how much is available and how valuable it is. I don’t know if that’s true or not but there’s an argument to be had and that silver is the amount that’s actually available is nowhere near what they’re claiming there is in relation to gold.

So I think it’s a fantastic investment, I really do. But it’s really a storage of wealth, especially in this really crazy time. You need to have assets, you need to have assets, whatever it is. So if you are interested in getting some. I say buy from a company that you can trust that’s not going to scam you and they’re going to treat you like a sophisticated buyer and give you the best prices in the industry. Go to sarahwestall.com Miles Franklin get a copy of their special price list. Do yourself a favor before you buy, make sure you’re buying at the best price that you can get it at.

Okay. Sarahwestall.com Miles Franklin and here is my economic review with my friend Andy. Hey Andy, welcome back to the program. Sarah, great to see you. I appreciate it. Okay. You know, I had ed doubt on a few weeks ago when he was saying it was a perfect storm and I want your assessment on this. And I, it makes sense. 80% of the market or the people are experiencing a recession. He says that the AI investment which was absolutely massive data center AI investment of like 70% of all capital was flowing into that and papering over, making it look like we’re in a better shape than we really were.

And not, not unlike Covid where they just plowed money into Covid and made it look like and propped up the economy. They’re propping up the economy to keep it from going into a full blown recession. I mean that’s the, that’s what it looks like. Well, it’s really very true as a matter of fact. And I guess one way of summing that up would be to say that there is a large spread between Wall street and Main Street. At the same time, you have so many people that are trying because of this illusion that the economy is so strong based upon strong numbers with, with the stock market while inflation is beginning to creep higher and higher and higher, which speaks to the Cantillon effect where the rich get richer and the poor get poorer because the rich are closer to the money supply.

They can buy assets. The poor are having a hard time just putting food on the table and gasoline in their car. This will only get worse as the muted cost of energy inflation begins to express itself. As we bled down the strategic oil reserves to the lowest level in 40 years and to mute the energy disruption cost of the war. And that usually has a lag time anyway, three to six months. We are getting to that point where we will begin to see much higher inflation and costs of goods going up. We already can see it if you look, I mean I just went to Arby’s with, with my wife.

We were driving home on a long drive from the other side of the state and kind of our once in a blue Moon guilty thing. And it was $30 for two of their Arby’s value meals. 30 bucks. And it’s like, I mean, but food and energy and inflation or food and energy rather and housing are not counted in the cpi, nor are the investments, the assets that are going much higher through this inflation. That is the Cantillon effect where the assets go up much higher. But it’s interesting that the people trying to keep up the mainstream public is as invested in the stock market as they’ve ever been in history.

Percentage wise, the largest percentage of mom and pop are invested in these 10 stocks. At the same time, it is the largest exposure to margin debt. Meaning if you have a million dollars in a stock account, they’ll lend you 500,000, you go buy more stocks, so you’re levered. And also the largest exposure to options. So you have John Q. And Jane Q Public all in in stocks, roughly 10 of them. All in on leverage or margin debt and all in on speculation with options. What could possibly go wrong? It reminds me of 1929. Yeah, but that’s the reason the cost of living is so damn high that you can’t make it on fixed income.

And you have to, you know, and you mentioned, you know, housing too. It’s like, yeah, I mentioned housing before we got on that. The interest rate was really high. Housing affordability, is it the worst it’s ever been. Young kids, if they don’t speculate, if they don’t try and hit it big in crypto or in Nvidia or whatever, it may be risking to speculation at a period of maximum overvaluation in terms of the equity markets, you know, it’s difficult. And so, yeah, I think that there is a very large gap between Wall street and Main street. And the rich are getting richer and the poor not only are having a harder time, it’s eviscerating the middle class and it’s making people speculate to this massive degree in the equity markets just to keep up.

All along there’s this illusion that the economy is so great. It’s not that the economy is so great, it’s that the stock market is masking that reality. I think you’re right. And I was on some shows talking about how we really went into wartime mobilization to fund the AI on the data centers. When you look at the legislation that went through and as this capital flow works its way through, they’re going to need another thing to paper over the recession. Are we looking at possibly war to paper it over because we can’t or Is there going to be another investment? I mean, that’s the scary part.

Or are we looking at just replenishing our missiles and our, you know, drones or. I mean, that’s what usually they do is they do war for this very reason. Yeah, well, and it’s non stop war for that matter. And yeah, when I think it is an issue, this is a very big issue. And this is one of the reasons that they classified silver as a critical mineral. Silver is copiously used within the military industrial complex. This is the whole reason that they suppress silver for so long, because so much of it is used in munitions that has been depleted or is in the process of, of being depleted.

But you know, I think that the issue with the continued war and the continued going around the world using aggression is having an effect on the bond market in a big way. We’ve lost a good portion of the world’s good graces who have been the financiers of our exorbitant style of living. By graciously buying our debt and our Treasuries, they have allowed us our asset prices to be high, interest rates to be low, and the goods we buy at Walmart and target cheap. That’s changing because of this aggression, because of sanctions, because of weaponization, because of fiscal irresponsibility, and at the same time we’re depleting our national defenses.

And there’s something that just happened within the last year and that is a crossing of what’s called the Ferguson line. And the Ferguson line says when you, when a superpower, a military superpower spends more on interest than it does interest of the debt than it does on military, you will at some point cease being a superpower. So, you know, military spending is discretional, it’s not mandatory. So this $1.2 trillion military proposed military budget, the money has to be borrowed into existence. So, you know, at some point, the folks around the globe who have grown tired with the aggression, tired with the weaponization against Russia, against Iran, sanctions that are actually masquerading as tariffs, I think that that has all caused a, a feeling of, of degrading trust.

And in a system that’s all about trust. Yeah, all of this is connected, all of it is relevant, all of it is very important, but no more so than in the debt markets that are all based on trust. And so what starts out as military is just one piece of it. Putting it all together. I think it’s a slippery slope and hopefully we start to find other ways to get things accomplished rather than going around the world and getting into continued wars that seem to never stop. Well, we’d be better off if we just called bankruptcy.

I don’t know. We have to get out from underneath all this interest. Going towards a financial reset really would be nice. But okay, so we’re looking at China and not in the bond market. And the rhetoric is that China is actually struggling internally and that’s why they’re not buying their bonds. I mean, I don’t know if I buy all that. I think it’s probably a combination of not wanting to buy our bonds and struggling internally because of the oil. But Russia’s buying more of China’s goods. Africa is buying more of China’s goods. I start to wonder if this is just rhetoric that China’s actually doing stronger than we’re willing to admit because a lot of people are buying more from China and not buying it from the West.

I think it is Western rhetoric. I do. China’s been buying more gold and silver than anyone in the world. But let’s just look at it from a practical standpoint. All of the money that we’ve created, how much of it has been, to your point, spent in wars in Iraq, in Afghanistan and in Syria, in Libya, here in Iran, and all the money that we waste through fraud and all the money that is given away around the world in stupid things. And what do we have to show for it? Crumbling infrastructure, depleted military stocks, you know, what do we have to show for it? Now China, on the other hand, who has been the beneficiary of a massive trade surplus, selling us all their stuff as the engine of manufacturing, what have they built? Maybe they built ghost cities.

Infrastructure. They’re building power plants and airports and railways. Railways, yeah, to the nth degree. Right. And so okay, they may be hurting, but they also have a massive asset base and they own through the Belt Road. They own. They have deals with developing countries, resource rich developing countries. And everything China does, even the meeting two days ago of the Shanghai Cooperation Organization is done in a cooperative manner. When was the last time you saw China in a war? And then you look at the fact that the BRICS is a cooperative organization and they are building very legitimately.

They are building railways for trading that are not compatible with swift like Enbridge. They are building trade agreements around the globe and accumulating gold and building settlement systems for gold settlement in yuan in Hong Kong. It’s done. You can now sell your oil to China for digital yuan and just like that, convert it into gold. Not going into dollars if you don’t Want to hold yuan. But that is the whole premise of what the Global south is doing. Who has become educated, coordinated, motivated, sophisticated and wealthy. And they are using it against the west by accumulating all of the world’s commodities.

So while the west continues to blow money to the tune of, I don’t know, a trillion dollars every three to four months and has very little to show for it but an economy that is separating from the stock market and infrastructure that is crumbling and all of these and a depleted military cache at the same time, you look at what China has, and to me, I think they’re in a better position from a standpoint of commodities, from a standpoint of infrastructure to withstand a. Whatever economic slowdown hits them, they already have. They are the engine of manufacturing globally.

They produce and, you know, mine more gold than anyone in the world. They are second in silver, they are the largest. They refine 95% of the rare earths, they mine a good portion of it. They are, in my mind, in a far stronger position just from the infrastructure and the commodity standpoint and the manufacturing standpoint than we are. Well, that’s what gives like SpaceX something if you like them or hate them, what SpaceX is doing and with their satellite systems and getting out and exploring, you know, Mars, when we could get out and start mining asteroids.

We could get out. If we could refocus the military industrial complex into more explor type activities and start bringing those investments back to the US Instead of paying all this interest payment, instead of paying all this money on wasted wars. I mean, every war is a waste of money, right? And you did it instead to flourish and to build up your own, your own environments. Think how much better we would have been if we would have done that for decade after decade, after decades. How much better would we be right now versus wasting it? Of course, and not only that.

If we just listened to what George Washington said in his farewell speech. Stay the hell out of everyone’s foreign entanglements. Don’t make the world angry at you. Bring home all of these people that are working at the hundreds of military bases around the world and build up our own infrastructure, make our border safer, put these people to work in ways that benefit the United States. To make the assumption that, you know, we have to do this and then meddle in everyone else’s affairs is foolhardy. Maybe we’re at that point where we feel we have no choice but to, but I think it would just be better, you know, I mean, and look, if it was the other Way around.

Can you imagine if the Chinese military was occupying space here in the United States? We invaded Iraq 23 years ago under false pretenses. We destroyed their country, we toppled their, their political system and we’re still there. Well, China has military in Canada and they’re big western part and they’re running a lot of their police. So that’s kind of scary. Yeah, it is scary. I’ve read that it is, but it’s still, it’s not in Washington. No, it’s not. It’s not in this, you know, it’s not in Los Angeles, it’s not in New York City. So. But your point is, is taken and, and it is valid.

And you know, look at the way that we say that it’s scary. Well, what if it was in our own backyard? Well, how do they feel about us? And this is part of the reason that you have that whole culture in the global south, in the Mideast, that resents the west. And well, that’s why bringing in the immigrants is really a scary thing. And you have a whole army of people who are infiltrating and I’m not anti immigrant. I’m married to an immigrant. Okay, so. And you’ve met them, right? I’m not anti immigrant, but I, I am.

Thank you. But he, but it, I am against allowing all of these people to. We don’t know what we’re doing. I mean, we have, when we go in, like you said, having everybody not like us. And then you have a lot of legitimate angry people at the United States wanting. They just had their family wiped out. They will devote the rest of their life to destroying our country. You know, if somebody wiped out my family, I might do that. You know what I mean? Right. And you know, immigration is what made this country great. But it was all done so the right way, through a process and bringing these people in outside of a process and then dropping them into country that has now become very expensive through inflation.

And what chances do they have? This is why you see, you look in the big cities, massive homelessness and crime. And it was to me more about the cloud piven effect than anything else, which is people should check out husband and wife. We’ve talked about it, you and I. Husband and wife professor, taught a class at Columbia university in the 60s on how to overthrow capitalism and the United States. And you know, Obama went there, Madeleine Albright, Bill Barr, Eric Holder, all these people that were part of the previous administrations went there. A lot of them were there at the same time.

Did they take the class, I don’t know. But the point of it is, if you read the Clower Piven theory, it’s very frightening. And it basically says the first step in overthrowing the United States or this capitalist economy is to overrun the welfare system with immigrants and the big cities to where it ultimately leads to universal basic income and reliance upon the state, to where you create a loyal serfdom of voters who will never vote the other side ever, because this is how they sustain themselves. It’s the first path to socialism. And then who knows where that goes from there.

But that’s a lot of. That’s why I would always. It’s a race to the bottom. Yeah, it was too stupid to be stupid, the path that we were on. And you know, say what you want about President Trump, but maybe he really does have pure intentions to make this country better. And the unfortunate human side of it is that it will, it will be sending people back to where they come from. And it’s not pleasant and I’m sure it’s very painful. And I’m sure there are examples where the people that got sent back got a raw deal, some of them perhaps.

But the point I’m making is that we’ve gone so far astray from what made this country great that where do you start? How do you create unity instead of divisiveness? How do you create an environment where you’re not validated or viewed upon by who you voted for in the last election? Is it bad to be a patriot and to love the country and respect the foundation by which we all grew up? That’s the question. And we’re deviating too far from it. And all of these things kind of, I think, are encapsulated in the idea of the fourth turning.

Are we in the fourth Turning right now? Are we at that point where roughly every 80 to 100 years where the people now really don’t remember what the people during the Great Depression and World War II went through because they’re largely all gone. And so the story resets and each turning is different than the 1, 2, 3 and 4. And we are at the end of the fourth turning, according to many, where all of this upheaval changes and resets. To your point, do we. I don’t know. But it’s all, look, I’m not here to tell everyone to buy gold and silver.

What I am here to say is that where we are from a standpoint of mathematics and logic and the fact that we are a trust based system that has squandered the trust and the good graces of our foreign creditors who have given us this wonderful lifestyle. It’s changing, is that if you do not hold your money in assets, you will go broke. Whatever that means to you by assets. If it’s land, if it’s crypto, if it’s metals, if it’s guns, if it’s. If it’s art, if it’s women’s handbags, I don’t care. Those are actually pretty good, by the way.

Oh, yeah. I’m like, really? I just learned about that a couple months ago, by the way. It is stupid good, but keep going. Look at those Bergen bags or whatever. They’re 30, $40,000. Who would buy this? And then I realized, but that’s the point. Assets go up, assets will feed you, liabilities will eat you. And all of these things we talk about are connected and coming to a head. And that’s why I think holding your wealth in dollars is the biggest mistake you can make. Period. Well, you know, the other weird thing is that you said, is it bad to be a patriot? Is it bad? Is it bad to want freedom and liberty, small government and sovereignty? It’s like, that’s out of style.

Like, freedom is bad itself. And then they’ve almost made it cartoonish that it’s. It’s like these redneck, you know, rednecks who are cartoonishly brutes and are just, you know, have women by the hair in a cave or something. I mean, they’re just. They’re obnoxious Tate types. That’s what they’ve equated. Anybody that wants freedom, liberty, and small government, when that used to be something that was just basic across the board. Yeah, Well, I come from a home in the set. My house was like the 70s show. And although I was kind of a jock and went on a path of playing baseball in college and stuff, my house was like the 70s show.

Liberalism, to me was sex, drugs, and rock and roll. And what. To me, the radicalization is not in the right, it’s in the left. And, you know, I’m not a partisan person. I’m socially liberal, fiscally conservative. I grew up respecting lifestyle, didn’t have to celebrate it. And, you know, I come from a period of meritocracy where you earn your stripes through working your ass off. As did you. Because I know your past, and not about the fact that you are a woman, but the fact that you were better than both women and men and you worked hard and the same thing.

It’s not about all of the things that we’ve been through about equality. It’s about equal opportunity. All of these things that made this country what it was, where people excelled, where that is capitalism. Make it better, make it cheaper, and earn the business. And that’s why we have wonderful innovation. You move to a socialist agenda. There’s 35 candidates running on a socialist platform for Congress. Socialism kills incentive for greatness. Why should I work harder when I have to distribute my wealth amongst those who don’t? People have a very poor understanding of history and what made this country great.

And we’ve gone so far away from it. I hope we find our way back. I do. That’s why I do these things. I try to do it respectfully and let people know, man, I mean, my parents were hippies and my house smelled like weed and my sister was a Vikings cheerleader for the Minnesota Vikings. And I saw stuff in my house that I could write a play about, but write a book about. But still, I mean, it comes down to respect and the things, the foundations of this country. That in my mind, is what made it great.

I will tell you, as someone who’s done this for 36 years, without question, the most wonderful people that I ever had the good graces of talking to were those of the World War II era when I first started working. And it was, yes, sir, yes, ma’. Am. And it was my word is my bond. And it was long, meaningful conversations. And it was. There just. It was a different era. And, you know, I’m not trying to drag us back, you know, 70 years. I’m just simply trying to say that I think, you know, into some respects, we’ve lost our way.

And that is part of the reason much of the world is finding incentive to find alternative routes. Well, I love your background that take away from the dollar hegemony. Just a quick break to tell you that we have the Labor Day sale going on right now for peptide. So there’s a 20% off wide sale. And. And when you stack that with my coupon code Sarah, you can save quite a bit. Everything’s on sale from Ready True Tide to 5Amino to Sloop to JHK to SCU to BPC157, all of it. So take advantage of it. The sale ends soon and you do not want to miss this again.

Use the coupon code Sarah for 15% off. And you’re going to have to sign up as a VIP in order to buy any peptides. So the link is below and make sure you hurry because it’s only through Labor Day. I love your background because it’s kind of an. It’s a. It’s kind of extreme for that time. You’re a hippie. But what. What we had in common, all everyone had in common was those basic respects. Not everyone. There were still people that didn’t value freedom, but for the most part, people live and let live. You can do what you want.

You’re free. That was what the Constitution. You’re free to do what you want in your own home. You. You can be who you want. You can. It was a meritocracy, and we were moving in that direction. Racism was. Every ism was decreasing. Everyone was moving in this beautiful direction. The. The country seemed like it was doing good, and people were all kind of unified in that way. Right. At least the middle of the country was. And then it went off the rails. Yeah, well, you know, again, I don’t want to get. I don’t want to get political or say things that will make people angry at me, but I’m watching the, you know, this congressional race in Massachusetts, and they asked the candidate, I think he’s leading it, might have even won it.

Do you think boys should be allowed to play in girls sports? Yes, I do. And I just want to throw something at the tv, like, you know, what does that mean for the parents who raised their young lady to be the best swimmer around and got up every day at five in the morning to bring her to swim school or swim class or coach and every weekend to a different swim meet and sacrificed and worked hard for years and years and years, but some dude who thinks he’s a girl comes in and just destroys her and changes in the same locker room and wins all of the.

Because he’s born with testosterone and larger muscles that girls just can’t have. Knowledge is what it is. One gal. And it was Brittney Grimes, the one who went to jail in Russia. She was the only one in college basketball that ever dunked a ball. Yet you got. You got boys in junior high school dunking balls. I mean, let’s just simply say there is a difference in strength and athletic. Athletic ability between men and women. That is not a chauvinistic statement. I played sports my whole life. That is not chauvinistic. I’m all about women’s rights. I’m all about this stuff.

But I also have two daughters, and I would be furious if it was the other way around. And, you know, it’s silly. It’s like no one. No one says, well, you know, Mike Tyson should get into Women’s boxing. It’s always that way, never the other way. I don’t know, it’s. To me, it’s just. It’s just silly. And I think that these are the kinds of things not to go so far from where we were talking, but these are the kinds of things that all are pieces of the same issue that is destroying the credibility, the trust, the admiration of this country and makes it easier for other countries to divest of US Treasuries and dollars.

This is why you’re seeing interest rates going up. And in an environment where we are as indebted as we are with such a low savings rate and 10 trillion in treasuries that need to be refinanced in the next 12 months, you can’t afford for rates to go through the roof. And as more and more countries find less reason to own our treasuries, less desire and to replace it instead with things like gold, which have outperformed it, which is a Tier 1 asset which has 10X’d it over the last four years, doubled it over the last 25 gold over the 10 year.

These are all problems that are all starting to come into focus. Well, I think it gets any better anytime soon. I think they’re just trying to humiliate everyone and it’s humiliating some of the things that you’re talking about. It’s just humiliating and it’s embarrassing and people are distracted by it and then you’re not paying attention to the more important issues. Right. We need to be. Well, I hope President Trump is behind the scenes using that misdirection in a meaningful way. I just did an interview with Tom Luongo on my channel this morning and people should check that out because he has a different take on all of this that Trump is actually using.

All of this chaos and confusion and doing something meaningful, trying to reshore manufacturing, trying to wrestle away the flow of money from what he thinks has never. Well, I hope he’s not the source or the City of London. Yeah. And I had Tom Luongo on as well, and I’ve had Mike Steger on the Promethean Action Group and had multiple people, but I just hope they’re not the source of some of this, you know, because we have. It’s not. It’s not helpful. Using it as a distraction to go and do something else is good, but I think the distraction that.

And how harmful it is to our kids and our youth, you know, like TikTok, TikTok in China, if you look at the same App, you know, they call it something else, but it’s the same company that developed it. What their youth is getting is all like, like the meters that it’s like spinach and algorithm. It’s all stuff that nourishes their brain and their thinking and their critical thinking skills and helps them feel better about themselves. It helps them want to learn. They all want to be scientists and engineers over there. Here. Our algorithms are to dumb you down, get you sad, get you depressed, get you addicted.

It is by design. Yeah. I believe that to be 1000% true. I’ve read a lot about that. And I’ve seen having three young kids that have grown up in this era, not so young anymore, but I’m very familiar with it. And you’re right, China’s churning out engineers and scientists, astronauts and all of these things that are important. This is the point about going back to it, you know, not only their infrastructure physically, but also the infrastructure upon education and upon how they’re turning out young people with a mission to better themselves and their country. 60% of the United States has a literacy rate under the sixth grade.

So we’ve dumbed ourselves down just in time for AI to come and kneecap jobs. So these are all things that you and I have talked about for a long time and they seem to be coming to a head faster and faster. You know, it’s about mathematics right now, Sarah. This boils down to mathematics. And there are very few ways that you can deal with this in a world where you consume more than you produce. And so if you really are trying to reshore manufacturing, re industrialize this country, then the one thing that will have to sacrifice will be the dollar.

You cannot sell your goods to the world as the reserve currency. So I believe they are in the process of continuing to print money off the charts, continuing to let the dollar devalue. They want gold go higher this time. In my opinion, it will go higher than people think possible because that will allow the dollar to be devalued as the only neutral reserve asset. And all of this gold that Tether is buying more than anyone in the world the last three years. And except for the Central bank of Poland, all of the gold being delivered to comex, in my mind, in both instances, it’s the Treasury Department by proxy.

You look at how tether has embedded themselves with the Justice Department and Bo Heinz, Trump’s CEO or Trump’s crypto czar, is now their CEO of USA Tether. They’re accumulating gold. They want it to go Much higher. Well, now do you think that silver will go up with gold? Because There is a 90 to 95% correlation through all of history between the two. So absolutely. They don’t always move in unison. But one will not go to the moon without the other following along. Silver is far more leveraged than gold will make you a lot more money, will also make your hair go gray faster and it’s more volatile because of how important it is.

And so they’re going to. Well, it’s a critical mineral now and all of the gold and silver that is being imported into the COMEX that no one is asking about, but seemingly me, if it were Scott percent under the aspice of the exchange stabilization fund, who he controls it as a treasury secretary, he wouldn’t need congressional approval to do this stuff. I think there’s a lot more to it than meets the eye. There’s a lot more going on. It’s all going to be volatile. But look at gold today. Started out this morning down and was down after the nonsense fed meeting.

But gold’s up 100 bucks today and silver’s up $2. That’s right back where it was. Where is 500 bucks now? Where there are 40? Where’s silver at? Silver is at 60. It’s a good buy. 7:20. I have, I had a it feel. It doesn’t feel like a good buy to somebody who bought it when it was 25, but it’s a good buy compared to 120 that it was at. But I, I was talking to another analyst and he was saying, Sarah, they can’t bring silver to what its true value is. It’s probably worth more than gold, but they can’t because it would crash the entire tech industry.

And I kind of think that’s true. And when you look at price discovery happens, you can only hold back price discovery for so long before the natural market forces take it over. But you know, the one thing about the tech industry and silver in particular, it’s used in a form called inelastic. It’s inelastic meaning it’s tiny little bit for a large price tag item. I think it could absorb a price 3, 4, 5 times this and it wouldn’t really affect that much at all. I mean if there’s 30 bucks of silver in here and it went to 250, well, it’s not even that.

It’s like an eighth of an ounce or less than that. So what would that be? 6 bucks worth of silver. So it goes to 50 bucks worth of silver. So this phone, Instead of being 1,000 bucks, it’s 1,050. I think they could, I think more so than people, could it go up, could it go up to $1,000 and we could absorb it throughout the military, it would create a mad dash for physical supply and you would see everyone running to secure. It’s more about the reality that silver is in the sixth year of a deficit, structural deficit over supply.

We have, there’s more demand than supply for six straight years. I think it’s more the realization that silver is depleting and if people knew how scarce and rare it was to his point, they would rush to get it. That pushed the price up in and of itself. I guess it’s just that what is real price discovery? And I guess we’ll see. But all manipulations end badly. All of them do. And when you have the whole western complex pulling along with you and suppressing silver for the military industrial complex to avoid price discovery, when that breaks and everyone is running to get it, especially a coordinated and educated and motivated global south, good luck trying to hold it back.

And that’s why you’re seeing these exchanges pop up like in Hong Kong, which is same day settlement in yuan, not in dollars. So there is a Comex contract where you can exchange for physical to Hong Kong. So someone buys a contract, says I’ll take delivery in Hong Kong. And if the prices are arbitrage, where they’re starting to show the real price and we still have this paper price, you’re going to see metal and arbitrage just flow out of the COMEX and the LBMA to real price discovery in places like China and the Global south who have been accumulating and producing this stuff forever.

And they will be incentivized to see real price discovery. So yeah, he’s right. But maybe won’t be because I think price discovery will find its way. Well, and also maybe they’ll find another material that can be conducive, maybe not as great as silver, but they’ll use some backup if it gets too expensive. That’s copper and top is going through the roof too. And you know, I think the bottom line is, is that when you mess with mother nature through suppressing commodity prices, suppressing interest rates which create distortions in, in prices by far. What’s your house worth at 3 versus 7% mortgage creates misallocations in capital and resources.

I’ll buy the Escalade over the, you know, over the Tahoe because it’s, I can take an 84 month, you know, interest free loan or I’ll buy the bigger house. When you suppress markets instead of letting real price discovery happen, ultimately it creates distortions so big that when it does break, there’s an awful lot of pain. And I think ultimately price discovery in an environment where the whole world is accumulating it versus an understanding that no one ever stood for delivery, that’s now changing. So too will the price of silver. Where it stops, don’t know. But if you told me that it would at some point be 200, 250, 300, I would believe it.

And I wouldn’t think it would really blow things up on an industrial side as much as people think because it’s such small amounts in a given object. If it’s the soldering points on a motherboard, who gives a crap? If it’s an eighth or a twelfth of an ounce in a phone, who cares? You need it to make your product the most efficient it can be. So I guess we’ll see. It’ll be an interesting. We’re going to see some interesting. There’s greater price potential regardless of what it would do to the tech industry than people would think.

Okay, where do they go? Sarawestsolid.com Miles Franklin? Yes, ma’. Am. And what do they get if they fill out that form? They will get. Any questions that they have, we will answer with no obligation. You can get our price list, which we only publish prices to up to $10,000 on our website. But even still, our price list that we will send you will be as good or better than any prices in the country. We can send you a link that is constantly updated as much as possible. And if you find prices from a major retailer that are better, let us know.

Chances are we’re able to match it and in many cases beat it. And we’ve never had a customer complaint in 36 years and almost 16 billion in sales. I promise you, Sarah, yours will not be the first. We make mistakes, we stand by them and we make them right. Should we do that? But working with someone like yourself and having your trust means the absolute world to me and my entire team. And we will make darn sure that your listeners are treated properly. And you do. And that’s what I hear from everybody. Thank you so much, Andy, for joining the program.

Thanks for. You know what, I don’t know if I’ve ever said this to you publicly, but just thanks for being you, for having the courage to take care of people with all those scams. That takes a quality of character. That’s not Typical. And so just. I don’t know if anybody’s thanked you publicly, but you deserve, you deserve a lot more than what you’ve done. So, yeah, it means more to me than you’ll ever know. And, you know, if you heard some of the stories I had, I’ve heard some. Last thing I’ll say before I go. I’ll never forget this as long as I live.

I was giving a. I was speaking in Ottawa, Jean Claude’s event, and I said something along the lines of, well, if you have this, if you’ve done this and these are the products you probably would have gotten, chances are you’ve gotten scammed. And a man came up to me, probably 85 years old, hysterically crying. I mean, I’ve never seen that before. And he’s like, my wife is in there and if she figures out that I just squandered our entire retirement, she will leave me. And please, please, please help me. Things like that I have seen and these people have, who are doing this to older folks through their IRAs, their largest asset.

Have no conscience, have no soul. And some of the things that I’ve seen are so heart wrenching like that, it’s my pleasure to do it. And I thank you more than you will ever know. And I try to do it respectfully. I’ve never once outed any of these crooked companies, never. I just simply say if you bought this, this or this, and they all do the same thing, then you got ripped off. And we try and help them best we can. So. And you do the issue, you have a process for doing it and getting them to make the company, to make them whole.

And it’s just been horrifying some of the things that, that I’ve seen. So I can just imagine what you’ve seen, because I get to see the front end and I’ve send you hundreds of people, but you see, I mean, you get to work with them. So then that’s where it really starts to get ugly. But thank you so much for doing that. I always love being on with you. And I’ll see you in two weeks. And I hope you stay well and go to the state fair. It’s the one thing I miss more than anything here in Florida.

I’ve gotten, you know, that stupid thing where you take the ball, the. I watched the bottle. You know the ring where they take and they flip the bottle up? Yeah, I watched it. And I’m like, I watched the guy and I said, I bet you I can do that. So then I paid a buck. And I tried, and then it took me $2, and I got it, and I won this big ass stuffed animal. Like, I know I can do it because I’m like, it’s not that hard. And I’m like, I don’t want the biggest stuffed animal.

I just want to do it and say I can do it. Well, for me. For me, it’s the pork chop on a stick, the corn dog, the powdered donuts, the chocolate chip cookies. I’m missing something. And the French fries, those five. I mean, it’s like you walk out of there probably eight pounds heavier than when you walked in. But I missed so much, so I know where to go. Anyways. You okay? Okay, we’ll talk soon.
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