Forecast: Economic Conditions for Civil Unrest Are Building

➡ The article discusses the potential for economic and social unrest due to current global events. It highlights the importance of staying informed and prepared, particularly by investing in assets like gold and silver. The article also warns about the potential negative impacts of government intervention in the economy, such as the European Union’s move to manage their economy and impose quotas on imports. Lastly, it emphasizes the need for individuals to be cautious when investing, and to seek trustworthy sources for investment advice.
➡ The global energy market is facing serious disruptions, leading to increased costs and potential inflation. Countries like the UK and Germany, who have outsourced their energy production, are feeling the impact. This situation is causing fear and could lead to civil unrest as people struggle with rising costs. Additionally, the job market is being affected by automation, leading to job losses and further economic instability.
➡ The text discusses the impact of artificial intelligence (AI) on jobs and small businesses, suggesting that AI could replace many roles, potentially leading to a society with a small elite class and a large lower class. It also discusses the potential for a universal basic income and the need for change in the current system. The text also touches on the impact of sanctions and tariffs on international relations, suggesting that these actions are leading countries to seek alternatives to the US as a safe haven. Finally, it discusses a shift towards socialism and communism in some parts of society, and the challenges this presents.
➡ The discussion emphasizes the importance of reevaluating traditional assets and thinking due to the current economic climate. It suggests that capitalism and free market principles, which allow everyone an equal opportunity to succeed, are crucial. However, it also warns of potential job losses due to advancements in AI. The conversation ends with a recommendation to follow the actions of central banks, who continue to buy gold regardless of its price, indicating a potential economic shift.

Civilizations through these massive upheavals of a new system. Whether it be, you know, what did it look like after 1971 when Nixon closed the gold window, or when the dollar took over for the pound sterling, or any of these major events, you must be positioned in the right place or you end up getting destroyed. And I think this arguably is one of those times. So best to educate yourself as best as you can and stay on top of what’s happening. It gives you a fighting chance. Foreign. Thank you for listening. Thank you for sharing. And please subscribe below and think about joining my substack at Sarah Westall 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 Business Game Changers and the Financial Review. I have my friend Andy Schectman coming back. We’re going to go through some of the latest things that are going on economically that people don’t. I mean, nobody talks about these things. So we’re going to talk about the fact that the European Union people need to keep an eye out for what’s happening over there. They have moved into managing their economy, putting quotas on what’s coming in through other countries.

It’s a big deal. I want to talk about that. We also talk about the hundred percent tariffs that Trump wants to put on anybody that buys Russian oil and how not buying from Russia and their normal trading partners is increasing the oil prices for a lot of these countries, especially in the eu, who are outbidding Asian countries and forcing their prices way up beyond what they can afford. Telling you this is we’re in like a powder keg situation. We talked at the initial part of this about civil unrest and I really, unfortunately, guys, I can’t. I gotta tell you, everything I’m seeing is pointing to the fact that we’re gonna have some civil unrest.

I’m hoping it’s a limited, you know, a limited amount. If politicians and smart people rise up and do some things and mitigate things, maybe the civil unrest can be mitigated. But it’s coming. I don’t think there’s any way around it if things continue the way that they are right now. So I just think you need to be prepared. And I think the civil unrest is coming particularly because of the loss of jobs and the economy and people are going to feel very stressed. Just I’m putting that warning out there because everything I see and all the indicators are pointing to that.

I don’t know what the time frame is going to be, but unless these politicians and these business leaders can figure out some ways around this, we are going to be in some really difficult times. And so we’re going to talk about that a little bit coming in this show as well. I want to tell you that I highly recommend preparing by having some of your assets in silver and gold. You know, people listen to the show know that I highly recommend silver. I think it’s, I think it’s a better place to store your wealth. Gold is great too, because you just need a little one instead of a huge one to equal the same amount.

You know, you don’t need a pile of gold to equal a pile of silver. And so a lot of people like that. But I just think silver a better bet right now. If you can afford some silver, it’s a really good idea. I of course recommend Miles Franklin because they do not scam you. They treat you like a sophisticated buyer. So even if you come in people who, grandmas and grandpas, grandmas who come in, they don’t know anything about investing, they’re going to treat you like they’re buying from a central banker and give you really, really good rates.

They don’t hose anyone over and that’s why I trust them. They’re going to give you the same competitive rates they’re going to give somebody that really knows what they’re doing. So if you go to sarahwestsol.com Miles Franklin, fill out that form, get access to their special price list, compare it to what you’re buying now, make sure that whoever, I mean all these influencers, a lot of them are charging way higher premiums than they should be. And people are trusting these influencers and blindly buying from who? Some of these influencers are very, very trustworthy. I mean, they come across as very trustworthy and they’re actually selling these gold companies that are scamming people or at minimum charging you a lot higher premiums than they should be.

So do me a favor. If you have been in the market for gold and silver, get access to the price list. Sarahwestall.com Miles Franklin can also ask questions. You can talk to them about whatever you need to talk about how to convert your ira, how to, how to at least take a certain portion and protect it of your savings. Do that today. Sarah Wessel.com Miles Franklin okay, let’s get into this really, you know, this one’s a little bit more intense and, but it’s real with my friend Andy Sheckman. Hi, Andy. Welcome back to the program. Hi, Sarah.

Thanks for having me. I appreciate it. It’s great to see you again. And I know you’re, you’re busy off saving the world the way you normally do and telling everyone what’s going on. So it’s always good to catch up with you for a little bit. It is crazy what is happening and what, you know, projects that both of us have behind the scenes. I am going to be sharing some of it soon and I know you are, too. I will, too. Yes. Yeah, yeah, yeah. But it’s, it’s. It’s incredible what’s going on. People are mobilizing everywhere because they’re, they’re freaked out, really.

And they should be freaked out because things are getting pretty weird. Yeah. Well, there’s, like we’ve said before, there’s an entire school of investment theory that is called wave theory. Elliot and Kondratiev. That is the psychology of the cumulative emotions of the herd. And the forward thinkers who see things clearly, who don’t rely on the mainstream, are able to control that concern and that fear because not only is it more analytical, but they’re ahead of the mass panic. Yeah. They’re able to position themselves to prepare whatever that means to them. You don’t have to be a prepper to understand what’s coming and to do what you can to better your position.

It’s when the masses, you know, it’s a gun going off in, in a crowded room, everyone runs. And, and that’s kind of. I think we’re, we’re not quite at that point yet, but yeah, it is, it is crazy. No question about it. It seems things are upside down everywhere we turn. And I think having the ability to pick your head up and see things as they are, it’s rare, but it’s because of people like you who are waking people up. But, yeah, I think it would surprise me if we get out of this year unscathed without something that maybe in a less than pleasant way does wake up the public.

And I guess only time will tell. But, yeah, I agree. The air is charged for sure. Oh, yeah. Well, okay, let’s talk about some of the headlines going on that is not being talked about. Of course we have. The EU is not just wanting to do tariffs with China, but they want to do a managed economy. They want to reduce the amount of vehicles coming in to like 15%. They want to manage the flow of, of goods coming in from China. Not from tariffs, but actual percentages. Yeah. I mean, and this is the concept of government intervention within a free economy.

It distorts everything, it creates problems. Governments don’t have the profit motive that the private sector does. And this is what happens when you allow your leaders and our leaders to make these kinds of decisions. They typically are going to end very, very badly. And, you know, I don’t know to what degree the manufacturing base is in, in Europe, but I will tell you that at least in terms of, you look at the, at the Western, the Western system, most of the west has offshored its manufacturing, its energy capacity, the things that are vital and critical, including its stockpile of things like oil and rare earths and silver and all of the things that you need for a robust economy.

And I think this is just more of the same thing that will ultimately end up poorly. You’ll see countries like China just decide to trade with other countries. For example, China just signed up trade deals with the countries in Southeast Asia, the ASEAN countries, which are 800 million people. They’re their largest trading partner by far. And why not focus your efforts on countries right there in your own backyard who want to trade with you and do it in a manner, manner that I guess maybe would benefit both countries, but certainly not give you the kind of sanctions and tariffs and pushbacks that they’re finding in Europe and in the West.

I think these things are happening for sure. So the west entirely has done a horrible job with their interventions, whether it be monetary, fiscal policy or trade policy or foreign policy. So to think this would be any different and that it won’t end poorly, I think is probably a mistake. Well, we have energy issues right all over the world. We don’t feel it quite as bad here because we’re insulated, we’re a little bit more, we produce a lot of our own energy. But when you talk to, or you look at what’s going on in Europe, they are getting killed.

And with NATO and the Ukraine war, they can’t get energy from Russia. They won’t let them. Right. So they are buying imports from Asia and they’re, they’re significantly increasing the cost for Asian countries to get energy and to get oil. And it is, it’s scaring the hell out of people there because they’re going to have inflation in fertilizer and manufacturer and manufacturing and food and everything that they can’t absorb. So we’re looking at some pretty. When people get desperate, desperate times bring desperate behaviors. And I think we’re starting to see some of that crack, you know, in countries like the UK that sold all of their, All of their refineries for nuclear fuel to France, they offshored all of their energy production to other countries and are now feeling, you know, in favor of things like windmills, are now feeling the pinch, a very big pinch.

Same thing with, you know, with Germany and where you’re reliant on one source instead of trying to be a little bit more self sufficient. But the entire world, I would argue, has yet to really feel it because the global reserve stockpile of oil is at its lowest level ever, literally. And you have people coming out and saying it can’t go any lower. It’s not just in the United States. And now you have the pipeline, it’s called the east west pipeline in Saudi Arabia that with just a couple of drones, inexpensive drones relatively, that were issued or sent flying by a group, a group of people that aren’t even in war with Saudi Arabia, blow this up.

It’s responsible for 5 million barrels a day. And the effect of higher energy prices usually has a lag of three to six months. And you throw into it the drawdown to buffer the effect of the strategic stockpile. And then you look at things like the crack spread, which is the largest it’s ever been. And that’s the, the cost to take oil and refine it into things like heating oil for the winter coming or for diesel fuel. And everything runs on diesel. The farm combines the trucks, the ships. This is a problem. And so we will see much higher inflation.

The refining capability. There was just an article in Zero Hedge today that Zelensky blew up or his army blew up a refinery in Russia and that was kind of off limits. The refining capability across the globe is getting knocked down and it takes a long time to build these things back up. And so, yeah, there’s definitely inflation, price inflation that we haven’t really felt yet. That’s coming as a result of all of the disruption in the energy market, which hasn’t been felt yet. It’s not coming. It’s coming. And then with the jobs, you know, we talked a little bit beforehand that I just really strongly believe that there’s going to be some civil unrest to some degree and people are going to, we have to be ready for some of that because people get desperate in desperate times.

One of the things we’re seeing in Europe, I just had one of the senior party members of the AfD from Germany on my program before this show. And it, they, you know, they’re all pushing back. I mean, Europe’s in the EU is in trouble. It’s A mess. Right. It’s a dictatorship that they put in place. You have countries like Ireland. People think Ireland is maybe gonna collapse because it’s that bad. The AfD in Germany is really pushing back. They’re gaining popularity. They’ve been trying, they try to claim that they’re this extremist party, but they can’t really, when they’re leader is a lesbian whose partners from Sri Lanka, you know, I mean, they’re really struggling with that, but that’s how they’re weaponizing the government against people who are trying to push back.

The EU is in trouble. Yeah, well, you’ve seen it. You’re seeing it. The whole European Union is losing its culture. And that’s a sad thing. It is, it’s, it’s. The whole western culture is being whitewashed and, and it’s sad and it’s scary. And you mentioned it for a moment, you were talking about jobs and the possibility of civil unrest. You know, we’re told that the economy is so strong, yet in June, they again recently just revised the June numbers down by 177,000. It’s the third straight month of downward revisions. And when you think about it and realize that all of the economic movements, it runs off of news like this and you see markets that react gold down and dollar up or rates down or whatever it may be, that is continually revised.

In fact, job openings have now been Revised lower in 38 of the last 43 months. So I mean, that’s a trend, right? That’s, that’s only, that’s only they quietly five months, that’s, that’s only 10%, 90% of the time. Over the last four years, roughly 90% of the months have been revised. And so yeah, things. And we’re not being told the truth on inflation and on employment and there’s a growing disconnect between Wall street and Main Street. And yeah, it’s ripe. You bring in AI, which can massively increase efficiency at the expense of jobs. And the rich get richer.

And all the money creation pushes asset prices up, but makes things like oil and food and gasoline, of course the byproduct heating your house and travel, all of these things that we’ve taken for granted can become very expensive very quickly, including the agricultural side, where not only has it been not a great growing season, but the cost of fertilizer has gone straight up and now diesel. And so not only does it cost more to fertilize your field in a poor growing season at that, but to the combine to the trucks that bring it to and from the grocery store, we’re going to feel it.

And when you talk about that, you’re concerned about the civil unrest side of it. Well, when people are hungry and people lose everything, they lose it. It’s a scary thought, but these are the reasons. And I hate being someone who focuses on this kind of stuff. But it’s the fourth turning. You have to be realistic about it as well. And doesn’t hurt to be prepared in every single way. But I do think mathematics would dictate keeping your wealth in dollars as the absolute worst thing that you can do right now. And you can see that by what’s happening with the bond market and the fact that interest rates, no matter what, keep going higher.

And what does that do to the indebtedness? What does that do to the system? And what is inflation? When they keep telling us it’s. We raise rates by a quarter, 25 basis points, a token raised too little, too late. Think that’s gonna have anything to do meaningful to inflation? Absolutely not. So you got a diesel shot, a diesel price that just hit a record high, and an energy sh. Shock and an inflation shock and all of these things. And diesel runs everything from freight to farms to construction. Yeah. It’s time to, I think, realize that maybe pairing your exposure to traditional assets is not a bad idea for a little bit.

Well, you know, my kids are in the tech industry and I know your son was, what was he with Goldman Sachs? He was with a big financial company. Right. And he lost his job because they replaced all of the financial analysts. My kids are in tech. And, you know, and I know a lot of people in tech, and they’re freaked out because what’s happening is they’re seeing firsthand how they’re automating jobs like crazy. But they have to, because in order to keep their job, in order for their company to stay afloat, they have to keep automating.

And everybody’s just sitting there going, what are we doing? We’re automating ourselves and everybody out of jobs. But we have to, to keep our job and for the company to stay afloat. And so it’s this horrifying situation that people, I mean, they’re really. People are really struggling with these ideas. Yeah, well. And again, you. You decimate the labor force at maximum efficiency. But what does it cost to maintain security? It security in this world? And what does that do to the small business? They go, by the way, the dodo bird. And you just create an environment of bigger and bigger and bigger companies, corporate and everyone else suffers.

But yeah, what do you need a financial analyst for? Yeah, you need someone there to talk to people, but to analyze the markets, you don’t need that anymore. What do you need? An accountant to analyze balance sheets or to do forensic accounting when AI can do it? Sure, you need someone there. But the hard part is, how does that someone learn a job if they never learned from the ground up? My cousin I had dinner with here not too long ago, he’s a cardiologist. He spends most of his day looking at scans and reports. What do you need him to do that for? He’s not doing surgery.

AI can do it. Done. And all the 184 that you had on your desk? Done. The world is changing. And that’s where I think things get very concerning. Does this usher in things like Universal Basic Income, Kind of a socialist world where, you know, you have a couple of. You have an environment where you have an elite class and nothing in between. You hollow out manufacturing and kill the small business. The small business used to be the cornerstone of the GDP of this country. It’s not anymore. And the small business is the one that can’t afford the high, huge IT budget and the ability to bring AI in and have it, you know, materially transform its business.

And if it does, then what happens to the workers that are the backbone of the country? It’s a very concerning thing. I wish it weren’t, but Pandora’s box has already been opened. So, you know, I guess we’ll see. And now they frame it as that. If we don’t keep forging ahead, then it becomes a national security deal in the race to supremacy and military safety with other countries like China. But then we’re told there’s a 10% chance that, you know, AI hates us all and it’s going to destroy all humanity. Doom and gloom sucks. That’s not why you own precious metals.

But when you realize that you are at the end of a cycle, at the end of the fourth turning, and I suggest everyone read the fourth turning because it’s very compelling. And it basically says that we are at a period of time where things need to change, some form of a reshuffling of, of a new system that takes hold. And does that coincide with the Genius act, which is the way money moves in January, or the integration of new monetary systems globally? What does that look like? What does AI look like to the labor market? These are all very, very important things.

And if you go back and look at civilizations through these massive upheavals, of a new system, Whether it be, you know, what did it look like after 1971 when Nixon closed the gold window or when the dollar took over for the pound sterling or any of these major events. You must be positioned in the right place or you end up getting destroyed. And I think this arguably is one of those times. So best to educate yourself as best as you can and stay on top of what’s happening. It gives you a fighting chance. Yeah, I agree with you.

And I think that, you know, the, the radiologist friend that you have, the, the problem with AI reading all the charts and then humans not under having that skill anymore is that we aren’t going to develop the, the, the skills that we need. There’s not going to be enough people. You have to have people that under. It’s kind of like when the, the calculators came out and they realized, well, kids can’t use calculators until they’re older. They need to learn this firsthand. We’re building a whole generation of kids that don’t learn how to critically think if they’ AI to give them all the information.

We can’t do that. Yeah, that’s, it’s, it’s not going to work. Well, Trump put through a. Is, is, is threatening to do a hundred percent tariff on anybody that buys Russian oil. What do you think of that? It’s not a tariff. It’s a, it’s a sanction. And these are the reasons you’re seeing countries join the brics. This is the rallying cry, a system based upon trust where countries wanted to work with the United States they’re now being coerced into and they look at our fiscal irresponsibility and they look at us as being hypocritical in our actions around the globe.

It’s a recipe for detreasurization. It’s what you are seeing. That’s why you’re seeing rates go higher. Countries don’t want to hold our treasuries and our currency if it means you face these types of punitive actions for trading with people that you’re not involved with the conflict. Well, and that’s why the NATO countries and why Europe is struggling so much because they’re forced to buy oil and forced to have energy costs that are soaring because they’re not allowed to have the traditional trading with Russia that like Germany had great trading partnership. They’re, they’re not allowed to do that.

So they’re just collapsing. Right. Well, China and then it’s having effect on Asia, hurting them. Right. But, and this is the problem, you know, I mean, it’s like you continue to put your finger into the holes as they, you know, the leaks spring. But a tariff was meant to protect domestic manufacturing. To say, I’m going to put 100% tariff on you, that’s punitive, that’s a sanction. And I think the world’s getting tired of it, of continual, you know, sanctions and coercion rather than cooperation. And this is the reason you are seeing alternative plumbing systems being built like SIPs, like Enbridge, why you’re seeing BRICS pay, why you are seeing accumulation of gold and shedding of Treasuries.

It’s not to replace the dollar, but it’s the realization that when the west decides to plug up your pipes, best to have another set of pipes to use. And that is what is incentivizing the move away from, you know, looking at the United States as the ultimate safe haven in times of trouble. Normally you would see the treasury market be bought up and the yields fall as the world would run to Treasuries. In this time of global strife, it’s the opposite of that. They don’t want to hold our Treasuries anymore for many reasons, not to mention fiscal monetary irresponsibility.

But this is exactly why coercion and, and, and ultimately freezing and sanctioning. If you end up violating what they tell you, you’re not allowed to do. A quick break to share with you this wonderful product called Masterpiece. It is proven to taking out graphene oxide, aluminums, heavy metals, microplastics. They also are looking at these Mac addresses and there’s more and more research and there’s studies coming out. There’s four documentaries that are being made on their studies about how they’re able to disable Mac addresses that are somehow put into people. This is amazing stuff. I highly recommend I buy a whole box of it and I make sure my whole family has it.

If you are interested in trying this and really cleaning up your body from microplastics, graphene oxide, you can also test yourself. You can get your hair test to see what you are before and what you are after. You use this for a few months. They stand behind what they’re doing with test studies and real results. And look for the link below where you can buy Masterpiece yourself. It’ll provide you a discount. Or you can go to sarah westall.com under shop. Well, I have a question. Why? You know, we have this big movement in this country towards communism, right? We got this far left movement that’s really supporting this communist agenda.

They’re so anti fascism. Right. Government involvement, but they’re not anti government. Controlling everything. And then working with corporations. What is really, why can’t they see the centralized problem exist, whether you have corporations or government? I mean, it becomes the same thing when you look at any historical country that’s done this. Because I think they are junior communists. They’re more along the lines of socialist. They are, you have 30 or 35 candidates trying to run on the socialist platform, congressional. And I listened to one of them and she said, yeah, all the big companies should be taken over by the state.

I mean that, that is more or less fascism. And that is fascism. Yeah. And at the same time, we should empty out the jails and we should give amnesty to all the people here illegally. And you know, it blows my mind. It truly, truly does. And this is the whole concept of the fourth turning, where, you know, you got, you go back to the folks that fought in World War I and II, they’d be spinning in their graves if they heard this. And then you get their generation, which, you know, the peace loving, you know, the hippies or whatever in the 60s, and you know, it was a different time then, which gave birth, birth to our generation.

And now it’s this new generation and this new generation. You go back, the first generation’s gone. All of them just about and their stories, living through the Depression and fighting tyranny across the globe and communism and all this stuff, it’s gone, it’s forgotten. And now you have all these young people who look around and say, well, we can’t afford a house. The rich are getting richer, you know, can’t even afford gas to drive anywhere. The job opportunities suck, College costs a fortune. This sucks. We deserve ours too. Well, that’s where we’re at. And that is the antithesis of what made this country great.

That is the fourth turning. And when you get to that point, you have to have a reset. And after that reset, whatever happens, you go back, gets bad enough, you go back to the first turning where you start to mend and it’s rebuilding. It gets scary, but that is where we’re at, where to think the people don’t realize that capitalism is what made this country special, where you have an opportunity not because the government says so, because it’s an equal opportunity to succeed. Well, it’s not even capitalism that we shouldn’t even. I mean, it is, but it’s freedom, it’s free market.

It’s. You go out there and do it, you go do it, and then you can reap the benefits. And it just by pushing the power down as low as possible. So you’re empowered, everybody’s empowered to make a difference and you can do it better at less cost, and you build a good business. Socialism destroys incentive for doing anything special. Why would you. So it’s a scary time. It is. God only knows how it ends up. But I think the moral of everything we’re talking about here is that traditional assets and traditional thinking needs to be reevaluated on every level.

Health, monetary, retirement valuations, everything. You need to rethink about where this ultimately goes. And if you look close enough, you see a lot of people at very high levels preparing in ways that is very unusual, things we haven’t seen before. So sometimes you have to tune out the noise and listen to people like you, Sarah, and follow your lead on many levels. I think people will be much better off when the dust settles and there will be opportunity again. But we have to go through the tough times. That’s just the way it goes. And when we’ve suppressed interest rates for a very long time and created tons of money, there’s distortions in assets, in resources, and that has to recalibrate.

And it won’t be fun, it won’t be pleasant, but get out of the way of it. So when it does recalibrate, maybe you have the ability to buy blue chip stocks or that great property on the lake or whatever it is at real values instead of being run over by it like most people who get stuck inside the vacuum. Sitting outside of it is probably the best advice right now. Well, I have a friend who’s really into AI and he believes that AI is going to create jobs. But he, he, he realizes, and I say, well, God, it’s, it’s.

We’re going to lose jobs. We are now before we’re going to gain jobs or we’re going to go through a really rough time before we get to that. Whatever you think is going to happen. I don’t know if I agree with them or not, but there is a theory that in the end it’ll create more jobs. Is that even possible based on everything? Maybe. I mean, everyone said the same thing about, I’m sure, about the Internet and the printing press and all these things. It did other opportunities that you don’t think about. But, you know, you look at a country like China who’s pumping out engineers and scientists and astronauts, and you look at what we’re pumping out of our institutions of higher Learning and, you know, it’s not the same thing.

You have to have a high, you know this, I mean your level of, and your family’s level of understanding of high tech stuff and your previous background as an engineer. That’s a lot of schooling to be able to do those things. Maybe, I don’t know, I don’t know how much I’d love to talk with him and get his thesis. Because if I were being honest, I would say it eviscerates jobs. Yes, it will create some. But the things that were staples, like, like so much of the stuff that goes into being a lawyer, except the arguing itself.

So much of the stuff of being an accountant, of being a radiologist, of being a. I know, you know, all of these jobs that provided, you know, livelihoods of so many people. I don’t know, I think a lot of them go by the way of the dodo bird. I would love to talk to that person. Well, I need to set you up with that. Well, I know you have a short time. Let’s talk about how they can get, they can buy from Miles Franklin, which I think people should. They’re going to be treated like a sophisticated buyer.

I think having, I mean, that’s the difference. You’re not going to say, okay, this person’s an idiot, let’s take advantage of them. You never do that. You treat everyone like they’re a sophisticated buyer and you give them competitive rates. And you are, you respect people that way. That’s why people love you. You’ve helped so many people out of scams. And I just keep saying this is, I know that when, you know, silver went up and then dropped again. And so people got spooked, right? And people are scared to buy now because they feel like they’ve lost a lot.

When in reality this, to me, I’m like, this is an opportunity to buy. I’m like, well, this is almost good. I like it when it pulls back because I think that’s the opportunity to buy. The biggest money in the world is standing for delivery across the globe, everywhere. And whether it be the central banks, in particular, the commercial banks here, whoever is doing it, which I think is the Exchange Stabilization Fund. But you, I think, don’t do what the mainstream does, do what the central banks are doing. The most well informed traders in the world, they are, they haven’t slowed down at all, at all.

And they’re lying about the amount that they produce. In fact, they’re getting caught saying that they’re producing or purchasing less than they actually have. Been. And the second quarter of this year was the largest second quarter purchases by central banks, the central banks in history. And so yeah, they’re not stopping, not even a little bit. And Nora is, nor is countries like China or in the global South. And the three month adjusted pace of gold per month by the central banks is now 91 tons per month. And if you take 91 per month on an adjusted basis times 32,150, that’s almost 3 million ounces of gold a month.

Times, let’s just call it 4300, that’s $12,580,000,000 a month that they’ve been buying for pretty much 22 straight months nonstop, some months higher, some months lower. But that is the average right now of the last three months is about 12 to 13 billion. They don’t care what the price is and they continue to do it because they know where this ultimately ends. And I think that’s all you really need to understand more than anything. So, yeah, we consider it a privilege to work with your clientele. And in the coming weeks and months ahead, we’ll have so many more things to offer them and including a completely new renovated website and many things that I can’t wait to tell people about that will, will offer utility in ways that they may not have thought of and options.

So. But it’s always great to see you, Sarah. And I. And I, like I said, I’m honored to be here and I look forward to picking up with you again real soon. Well, let’s quickly say if they want to get their special price list, you publish one every two or twice a week. They go to sarawestall.com Miles Franklin, fill out that form and they’ll get access to your price list that you don’t publish. And you publish it. You publish it twice a week privately. We’ll answer it. And if you find prices better by a major retailer, let us know.

We’ll do our best to beat it. But if you have questions, put it on that too and we’ll answer them free from any obligation whatsoever. Her. Thank you, Andy. Have a wonderful day, Sarah. You stay well. I’ll talk to you soon. Thank you. Okay. I hope this works. I’ve had a bunch of people tell me that I need to get on with this. Blaine Holt, Brigadier General Blaine Holt. After I talk with him today, I’ll tell him I was just on with you and that he should really reach out to you as well. Oh, perfect. I will do that, I promise.

Okay, thank you. Talk soon. Yeah. Because this is a big deal. Okay, Bye. Bye.
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