Planning is Over War has Started: First Stage of Economic Global War: Commodities w/ Andy Schectman

➡ The article discusses the current state of gold and silver prices, the benefits of a product called Blood Flow 7, and the potential for scams in the IRA industry. It also mentions the increasing interest in digital currency and the geopolitical tensions in the Philippine Islands. Lastly, it emphasizes the importance of healthy living and proper diet.
➡ The cost of exchanging physical silver has risen by 240% in two days, indicating a high demand and short supply of the metal. This is causing stress in the silver market as traders scramble to find physical silver. Commercial banks are trying to prevent the price from increasing, but they are being challenged by wealthy, informed traders who are demanding delivery of physical silver. This situation suggests a potential for a significant increase in the price of silver, similar to the increase in gold prices seen a year ago.
➡ China is buying land and resources globally, focusing on underdeveloped countries rich in resources. They’re building infrastructure in these countries and gaining a share of their resources. They’re also creating a new payment system to facilitate trade between these countries, reducing reliance on Western systems. This could lead to a new monetary system focused on commodities and transparency, potentially undermining the dominance of the US dollar.
➡ China is leading the way in creating a new financial structure, using digital yuan and gold reserves stored in vaults worldwide. This system will replace the current backing of currencies, potentially causing inflation and devaluing the dollar. However, this could be mitigated by backing the Treasury with gold, allowing for low borrowing costs and the possibility of paying down debt. This approach could lead to high inflation, but it could also benefit central banks globally and help manage the debt crisis.
➡ The article discusses the challenges of being the world’s reserve currency, known as Triffin’s Dilemma, which leads to trade imbalances. It suggests that the U.S. might be trying to move away from this role to protect the bond market and bring back manufacturing. The article also mentions a weight loss peptide and geopolitical tensions, including potential conflict with China. Lastly, it suggests that the U.S. might peg its currency to gold to keep borrowing costs low and regain international trust.
➡ The text discusses the evolution of warfare and the shift towards technology and AI, with drones now being controlled remotely. It also talks about the potential dangers of digital currencies and the rise of quantum computing, which could pose a threat to security. The text suggests that the world is moving towards a digital future, but warns of the risks associated with this, including the potential for a loss of privacy and security.
➡ The text discusses the importance of being cautious with investments, particularly in gold, silver, and IRAs. It warns about scams, especially those involving IRA companies, and advises people to check their investments carefully. The text also highlights the value of physical assets and the need to think outside the box. It ends by emphasizing the importance of integrity and transparency in business dealings.

Foreign? Well, I mean, and the funny thing is if you took the price of gold right now of 3350, almost just under, let’s just use that as the price. 3350 divided by. Even if we say 50, which is just above its 200 year average at $67 an ounce, at $67 an ounce, that would represent the 200 year average right now in ratio between silver and gold. I’m always looking for products that really help us as we age and make us feel better. So many of us are having suffering from energy brain fog. You know, we’re getting older so we have issues, you know, that just come with age.

And we’re taking all these supplements and we’re, you know, I’m always talking about peptides and things that make you feel better, give you more energy. And one of the overlooked areas is that you have the blood flow to get the oxygen and nutrients to all the cells in your body and to your brain. And there’s a product called blood flow 7 and it is amazing. It increases your nitric oxide by 230% and it opens up your arteries by 62% which really improves blood flow and it gets those nutrients into your cells. It helps with brain fog, it helps with energy, it helps with anti aging, it helps with maintaining a healthy heart.

If you’re interested in this, go to blood flow7.com Sarah or use the link below. Welcome to business game changers. I’m Sarah Westall. I have Andy Schectman coming back for our Friday night economic review. We’re going to talk about the commodity warfare that’s heating up all over the world. We’re going to talk about what the true reality is as far as digital currency. We’ve had a huge changeover or not really changeover. We’ve had a huge week of legislation for crypto and going to talk about the fact that that’s just our future and what that means. So also going to talk about the buildup of war and happening in the Philippine and Philippine Islands.

What does that mean? You’re going to hear quite a bit today. Also at the very end, we talk a little bit how we saved millions and millions of dollars in people’s life savings where they’re getting scammed. And we talk about specifically what you need to look for. I think that there are literally thousands of you out there. And why do I think so is because most of the big names that you’re hearing all over mainstream media are selling the companies that are scamming people and I don’t think they know. So if you have a IRA from any of those companies claiming they can give you $15,000 of free silver or they’re just pounding you with trying to get you to get into an ira, you need to look at your ira, see if you’ve done quarter ounce gold or if you have purchased silver rounds at, or silver coins at 60, you know, $70 an ounce.

Look at those things. That’ll clue you in on whether you’ve been scammed. The other thing is if you contact your company and ask them what the value is, they probably are giving going to give you the current retail value, which is bogus. What you need to ask them what is the buyback value today? If, what will you charge? What will you give me to buy this back? That will tell you what the, the true value of your IRA is. If you do that, you will learn whether you’ve been scammed or not. I really implore you to look because I think there’s thousands of you out there who are sitting there on an IRA scam situation where so many, I mean hundreds of thousands of dollars of your life savings.

I mean literally we’re getting people that have come in with $1 million worth of IRAs where it should have been. They invested $1 million and it’s now worth 400,000. Stuff like just implore you to look. And if you think that you’re one of those who’ve been scammed, go to sarahestalt.com Miles Franklin fill out that form. I personally deliver it to Andy and you can and we make sure that you’re taken care of. Otherwise, if you’re looking to buy gold and silver, because it’s silver especially, is is looking to really get a, a run here. Coming quick.

If you’re looking to purchase that, you know that you’re buying from a company that you can trust and at values, at interest rates, at premiums that you know you’re not being scammed. So go to sarah wessel.com Miles Franklin fill out that form as well. It’ll still go to all of their really highly qualified people. Okay, let’s get into this really good discussion I have with Andy Schaech. Hi Andy, welcome back to the program. Hi Sarah, Good to see you. Thank you. How are you? I’m good. We got our fight. You look fantastic, Sarah. I keep telling you that, but whatever you’re doing, it’s working work and keep it up because I’m not eating as much.

I’m actually getting my weight off. You Know, as someone who spent a lot of time working out because I used to play really high level softball and all over North America. And you had to be, you had to be in good shape. And I would tell you that you can work out seven days a week and if you eat like shit, you go nowhere. So it’s, and most of it is in the way that you eat. I completely and totally agree with you. And if you eat right, you don’t even have to do cardio. You’ll get into much better physique if you just eat right.

You eat right, you’re focusing on the right things, focused on reducing my stress. You know, there’s all sorts of stuff that I’m doing. But this was the year I told myself, I’m going to get healthy. I’m just like, I’m done. I’m going to get healthy. I’m really going to settle into this. And I think it’s working. So that’s good. It is. I can tell you it is working. As someone who sees you, I’ve seen the progression. So you look great. Thank you. Thank you. Well, it’s so obvious. I looked at a picture of myself from like 8 months ago and my, my, my publicist asked me for a link to one of my shows with somebody I did and I said, oh my God.

I grabbed a picture from that and I say, look terrible. I just didn’t realize the difference. But anyways, Friday night economic review. We got the great Andy Schectman back. I wanted to talk about. There’s a few things that I really wanted to talk to you about. Let’s do it. I’m seeing charts of people dumping whoever it is who has a ton of silver, are selling a ton of it to keep, it looks like, to keep the prices down. What’s really going on there? Well, if you look at this last week’s commitment of traders report, what you would see is somewhere in the neighborhood of 80,000 COMEX contracts were sold short, that’s over 400 million ounces.

And this short position that you speak of, which is spot on, was built somewhere in the neighborhood of $37.50. And with silver roughly up a dollar right now, from that point, these banks are trapped and bleeding and they’re down over $400 million just in a week, just on the movement of silver. But it’s deeper than that. You have a guy, his name is Daniel Galley, I believe, and he’s the head of one of the head guys at TD securities. And he’s, he’s all over the place with his thoughts. But he’s arguing that the free flow, as it’s called, the float, the number of bars that are available to be delivered off of the contracts that are issued in London is at its lowest level in the history of the LBMA which is 140 year old exchange.

There’s about 155 million ounces there. He says that’s less than one day’s worth of trading in London. And at the same time. So you’re seeing massive deliveries coming out of London. And as I’ve mentioned on your show before, London is a T plus one delivery. They’re now saying it’s T plus eight weeks, four to eight weeks. Because T plus one means trade day plus one to settle. The third day the bar should be moving to you. Well, we don’t have enough in the way of manpower and trucks, says the bank of England. So they’ve been caught, seems like.

And so as a result, the borrowing rates in London are as high as 8%. That’s. I don’t know that I’ve ever seen that. You need to. The lease rates, you need to pay 8 month, 8% for a 1 month lease rate for silver. If you are trying to cover a position or too short times eight. So that would be 96% annual. Yeah, it’s. I’ve never seen it that high. And then, you know, look, it’s up 33% this year, it’s doing pretty darn well. But you know, when you talk about things that would support your statement, there’s something called an exchange for physical product where a company or a bank or a hedge fund who has a COMEX contract can exchange it for physical or the vice versa.

And in two days this week it’s gone up about 240%. The cost has. So when you see the exchange for physical price go. And that’s. You can do that without going through the COMEX settling process. I have a contract, you have bars, we can exchange them. But that cost has gone up 240% in two days this week. And that massive increase signals massive stress in the silver market. And it kind of means that the traders are scrambling to find physical silver which is in short supply. This isn’t a small move, this is a major move and it reflects tight physical markets, lack of trust in the pricing or in the market itself.

So yeah, you’re right, someone is dumping that someone are commercial banks who are trying to keep it from busting through, but they’re being challenged for the first time ever by very Very sophisticated traders, sovereign wealth funds largely, and even sovereign wealth funds masquerading, you know, or central banks masquerading as sovereign wealth funds. Very, very wealthy, successful, sophisticated, informed traders are standing for delivery off of all of the exchanges in London, the United States and even in Shanghai. So yes, it’s a desperate attempt to keep the price down. But in years past, if you would have seen that kind, I mean, the commercial banks hold the largest short position they’ve ever had ever in silver.

Right now, that’s who’s doing it. And to see the price react the way it was, it was down this morning, 50, 60 cents and well, now it’s up 25 cents. That’s action we never have seen before. Never. Where? Okay, we’re going to knock the hell out of it as it comes into New York. And guess what? There’s so much physical demand that it’s up 25 cents. And so the price right now. Let me get an accurate price right now real quick just to make my point. So if the position was put on at 3750 and Silver’s at 3831, you know, you’re talking roughly about 320 or $30 million down.

The banks are in just a few days on that position. That’s not chump change. And I wouldn’t want to be that exposed over the weekend if I were them. So maybe some of that move up today where some of these banks trying to cover that position. But all I can tell you is that’s as silly and stupid as a mud wall because the demand for silver is outrageous at those levels. And from a technical standpoint, it’s right at the top of the cup and handle formation that’s 45 years old. It’s the longest cup and handle formation which I’ve ever seen, which in technical analysis is as bullish as it gets.

You combine that with spiking lease rates. You combine that with massive spiking costs in exchange for physical massive delivery delays coming out of the exchanges. Because they’re trading more silver than they have available and they’re getting called on delivery. Yeah, it just seems that things are really changing and we’re getting really, really close to the same breakout that gold had a year ago or several months ago. But typically silver slingshots and gold goes first, silver goes much further and faster on a percentage basis. So. So what do you think it’s going to do? Double? I mean, if it goes the same that gold has it, and if it’s at 30, pretty close to a double.

I mean, yeah, about 75. Well, I mean, and the funny thing is, if you took the price of gold right now of 3350, almost just under. Let’s just use that as the price. 3350 divided by. Even if we say 50, which is just above its 200 year average, that’s $67 an ounce. At $67 an ounce, that would represent the 200 year average right now in ratio between silver and gold. So I would say to you that the chances are that, I mean, 67 would be the average price of 200 years. It’s coming out of the ground at 7 to 1.

So yes, the potential for it to go well through 50. And if people buy today and if it gets back to the industry standard over the last 200 years, they should. They buy at 37 and it’ll. The system will correct to 67. Well, not only that, if you look at. Yes, and if you look at where the resistance is from here to 50, there’s a little bit at like 41 and a little bit at 4250. That resistance between the 1980 and the 2011 peaks that both touched right at around 50. Cumulatively in time, it hit those levels for maybe a few days max.

That’s nothing in the way of substantial resistance. And once it gets above those, there’s nothing between it and 50. If it gets through 50, it’s the same thing of gold breaking through 1900 and or, you know, 2000, which was its previous all time high. And then bang, it goes all the way up to 3,500. It’s come back a little bit to 3,350. The point of it is, is that, yeah, I mean, that was a massive move in a very short period of time once it got through resistance. And silver has been struggling for a long time to get through 31 and 32.

And then bang, it got through it and you saw how fast it jumped up and now it’s hit some more resistance. My guess is based upon all of the metrics that we’re talking about, they’re trying hard to defend it here, to not let it get up to 39 again. If it does and gets through 40, all bets are off. The sky’s the limit, really. I would say there are very few assets on the planet that have the asymmetrical pattern that silver does. Low downside, high upside, and commercial banks that are trying real hard to keep it from going there.

As the rest of the world stands for delivery. Very dangerous setup for these banks. In fact, I don’t know how any of the traders sleep at night. Going to sleep on a Friday. We’ll see what happens tomorrow. If I had to guess, it would be up tomorrow and over the weekend is when a lot of things will happen. So what do you think of the sovereign wealth fund? You made a comment that the sovereign wealth funds are forcing some of their hands. What do you mean? Have they been accumulating gold and silver for so many years now that they’re just going to force the price up? Is that what you’re thinking is happening? Well, I think they realize, yeah, they realize what the west is doing by holding down the paper price.

And because the west is holding down the paper price price, they stand for delivery. These funds that are based, you know, these, maybe Saudi Arabia, financial war, essentially. Yeah, well that’s exactly. It’s a race for commodities. And what’s really interesting about all of that is that there was a, I guess you could say a survey that just came out and the survey was of World Gold Council survey. They surveyed 36 central banks. 19 out of the 36 central banks said they are now sourcing gold and silver directly from small scale or artisanal domestic producers. And an additional four banks said they’re actively considering this approach.

This is very unusual. In other words, I’ve been talking about how China’s been going to Mexico and Peru and much of the global south buying gold and silver directly from the miners. But now you’re talking a good number of central banks are doing this which disintermediates the price. So they may be involved, as I believe they are, in suppressing the western price. Then they go all around the world and they buy it everywhere, including dore bars and concentrate Right. From the miners, which are. The dore bars are crudely refined bars before they are full purified. And then the concentrate’s a byproduct of all this.

They pay double what the west will. They ship it to China and they refine it. They’re the second largest producer of silver in the world and the largest producer of gold in the world. Okay, so going by going around the market, they’re doing an it’s off market purchases, which is. That doesn’t affect the price, that’s what I’m saying. Or how much they’re accumulating. So no one knows. That’s right. So they don’t know how much they’re accumulating. It’s not affecting the price. Do you think they’re doing that to affect the price or just because they want to.

It’s kind of like, you know, operating. It’s a commodity war. It’s he or she who. There’s that old saying, he or she who has the gold makes the rules. I think it’s a little further than that. He or she who has the commodities makes the rules. And it’s, it’s oil production, it’s rare earths, it’s always that. It’s, it’s base metals. It’s, it’s everything. And they’re doing that, and they’re doing that all around the world. The Chinese bought the London Metals Exchange and they’re now warehousing, build warehouses in China to warehouse the metals that are traded on the London Metals Exchange.

That’s the base metals like copper, zinc, lead, et cetera. The, the precious metals. Hold on. London allowed them to do that. So what does that tell you? I mean, that is the west giving in to the east leadership almost. Well, look at all the land that we let the Chinese buy here in the United States. Farmland. And I mean, it’s money talks, right? They should have never allowed it. And now they’re building warehouses to hold the metals in China that are traded in, in London. Look, look at the Belt belt Road. It’s 155 countries that are all resource rich and underdeveloped.

China goes in and develops them through infrastructure and, and building, you know, mines and refineries and oil and gold and silver and platinum and rare earths and everything. And the ability to, to get it safely across new roads and bridges and railroad tracks and maritime channels and then the refineries to refine it and they get a piece of it. But that’s all across the Belt Road. So what they’re doing is they’re going around the world and buying current and future production and anything that’s not nailed down in commodities. Because in essence, that is what matters. If you’re trying to take care of whether it be just China or the brics moving forward, you have to have commodities and promises by an insolvent country and opaque debt instruments like US Treasuries, where we’re insolvent and broke aren’t, aren’t working anymore.

Especially when we weaponize those Treasuries and these countries like, you know what, we’d rather have the commodities than the treasuries. These commodities are becoming far more worth far more than the currencies that are used to purchase them. Well, I have two thoughts on this that we need to dive into and that is the Fact that the central bankers, the west has gone have gone in, loaned out huge amounts of money for these commodities in these countries that are underdeveloped. Our international corporations have gone and used them and then they’ve paid off those loans and we’ve come up with this horrible process of dealing with that.

The Chinese could come in, sweeten the deal, treat them differently, but still have that control and just clean up because all they have to do is operate differently. Instead of making a loan, what they do is they build the infrastructure and allow them to harness their natural resources and get it to market and they get a piece of it. So it is a loan, but it’s not as onerous as you will, if you will as what the United States does indebting, making them indebted through the IMF and subservient. It’s more an issue of cooperation rather than coercion and taking advantage of.

They’re establishing it in a much better way. But then they’re still ultimately getting the same level of power but they’re treating them more as a partner. I mean who knows what’s going to happen. But we are the consequences of how we were acting for so many years. So they just have to go in. Any power player that can go in with the resources and just treat them better is going to be able to establish this. And this is what we’re seeing, isn’t it? Well and now you have the new renimbi cross border payment system which China has come out and openly said their goal is to use it to connect the Belt road which is 75% of human population.

This new system allows for these countries to settle or to trade with one another using central bank digital currencies over which it is enbridge. They can trade over it in seven seconds, not three to five days that the Swift system takes going back and forth dollars at a 98% reduction in fees and then settle in balances in gold. And the Shanghai Metals Exchange just completed building a vault in Hong Kong which allows immediate conversion of yuan into gold and deliverable in Shanghai. Their goal is to build a series of vaults throughout the Belt Road. The next one is in Saudi Arabia and then they’re going to build them all throughout the Belt Road in Asia and Africa and the Middle east so that these countries can trade with one another outside of Swift interference over the M bridge for a 98% reduction in fees in seven seconds and settle imbalances in gold and they’ll put gold throughout all of the vaults.

So if you’re Saudi Arabia, or if you’re China, you put gold in all of the vaults. And if you’re Saudi Arabia, you do the same thing. And if you’re any of the countries that are trading amongst you put little bits of gold in all of these vaults, you trade your local CBDC that they all have over Enbridge without swift interference. And then any imbalance, or if you want to trade everything into. You take the currency you just got from China as an example, you send it to the vault and you take the gold out. So it enables these countries to trade free from Western interference.

Instead of holding excess in Treasuries, they’ll hold it in gold, which has done way better than the treasury market and have zero Western interference. It’s a trend that should not be underestimated. It’s a very scary thing. This is a race, Sarah, to accumulate the world’s commodities. And I think maybe the Trump administration is wise to this, at least in terms of gold and silver and oil. But let’s hope so, because this is a new monetary system that is coming up, one that will not be about promises from the United States and begging people to hold their Treasuries backed by nothing but debt versus, you know what? We’d rather have commodities that will help us build our infrastructure and our growth spurts as we move along.

Well, we can’t underestimate the fact that the central bankers and the west have been thinking about how to do a global structure with CBDCs and that they are working with these people. I think there’s two factions going on. There are the new faction. There’s probably more than two. There’s multiple. There’s always multiple factions. And the global elites aren’t just one faction either. And that there has been an exerted effort to work with the BRICS, with the CBDCs and the west and, you know, XRP and all these things. They’re not necessarily separate, but they’re probably a different faction.

Yeah, well, you’re right, they’re not. But it just points to the reality that a change is coming, a new monetary system is coming, one that I think focuses on commodities and transparency. Like blockchain, like xrp, A bridge network. That is what Enbridge is. It is a bridge network connecting central bank digital currencies free from the dollar, the pound or the euro. And the key to it all is what Sergei Lavrov said. The Russian foreign minister just came out and said that they are opening this technology up to other nations. And that’s why it’s important to think of the Belt Road and the Shanghai Cooperation Organization and the Eurasian Economic Union, not to mention they just publicly said We’ve connected 11 Asian countries, those in Southeast Asia and five Middle Eastern countries to this technology.

They are now integrated into it. Done. That’s 38% of global GDP itself. But if you add in the Belt Road and the SCO and the Eurasian Economic Union with the BRICS and these Asian countries and the Middle Eastern countries, you’re 90% of human population with all of the resources that they have and the commodity production refining. Vietnam just joined brics and between Vietnam and China you have the manufacturing. You have the majority of all the rare earth production in the world and almost all of the rare earth refining. You got all the commodity production. They produce and consume more wheat than we do in the west, the whole nine yards.

Not to mention the majority of trade routes on land and on sea, and three of the four largest nuclear arsenals. Now, they’re not all connected like the European Union. And The BRICs are 10 countries. And now they have another 20 or 30 that are partner countries or have expressed interest. But you open this up to all of the countries that are aligned with them, like the Belt Road, the sco, the Eurasian Economic Union and those countries that just signed up, that’s a whole different ball of wax. Because now you start to drastically undermine the settlement feature of the dollar.

And if all of these countries are holding reserves in gold and silver instead of Treasuries, which is what the plan is, through the expansion of these multi jurisdictional vaults all around the Belt Road and Asia, Africa, ultimately South America and the Middle East. Now you disintermediate, if you will, or you make it more of a system that not everything is held in one jurisdiction. Like the bank of England holds most of the gold or the New York Federal Reserve holds the gold for the comex, the bank of England for access to the lbma, those are the only games in town for a long time.

They hold everything. Well, ask Venezuela how that worked out. When they asked their gold back from the bank of England, they said no, not giving it back to you. Ask Russia how it worked out. When we said, no, we’re keeping your treasuries. So it’s this type of weaponization, this type of unipolar world that these countries are pushing back against and they’re doing it. China’s taking the lead right now with this new structure. The Talk of the BRICs, Common Settlement Currency that we were told the unit that’s. I think they’re putting that on the sideline right now to wait Trump out.

And instead China is doing it internationalizing the digital yuan. So the digital yuan is the rails of this and they’re the ones that are doing it with all of the expansion of the Shanghai Metals Exchange in all of the vaults that they’re going to build, starting in Hong Kong and Saudi Arabia, then through Asia and Africa. The point of it is, is that this will be the rails of the BRICS unit currency that will slide right in and the settlement of gold in all of the vaults. You just saw a new vault be built or is being built in St.

Petersburg. They already have one in Moscow that’s experienced an 80% increase in volume. You have the vault in Dubai, you have the Shanghai vault, you have the new BRICS vault that’s being built. You have all of these vaults around the world that will all be the skeletal system, if you will, or the backing of the system. So gold isn’t replacing currencies, it’s replacing what backs the currencies. That’s right. Instead of the petrol Treasuries. Yeah, well, it’s the Treasuries backing the. Yeah. And if you think of the petrodollar, the whole idea of the petrodollar was to trade in dollars.

That’s the idea. Take oil for it and then imbalance or excess reserves go into Treasuries. Treasuries keep interest rates low and asset prices high and supports our spending. But if you stop using the currency, well, the currency loses its settlement value and starts to lose value and come back home, creating inflation. And then if you stop buying the treasury in place of gold and other commodities, well, you got a real big problem now. Interest rates start to spike and how do we pay off our debt? And that’s the whole idea of Judy Shelton pegging gold to Treasuries.

Because if you do that and make them 50 year in duration and let the price go much higher or even revalue it, now you instead of having huge interest rates to incentivize countries to take our treasury after mismanagement and inflation and weaponization rates have to be much higher to get people to buy our Treasuries. Ultimately you put gold to it. You can have a zero coupon treasury where it’s redeemable in gold on maturity, which removes the need for high interest rates. It is the inflation hedge. It’s the only way that we can keep, I believe, borrowing costs low while attempting to reshore our manufacturing and grow our way out of this problem.

Otherwise they have Two choices to inflate or default. This is a soft default, ultimately, I think they’re trying to do by sacrificing the dollar. We owe 28 trillion dollars in three years with 15 trillion in tax revenue projected. How do we do that? And that doesn’t take into account the 3 trillion a year in deficit spending over the next three years. Yeah, the debt’s incredible. And it’s actually like any other bankruptcy company. You just can’t flourish if you’re floundering in all this much debt when so much of your, your payment, your money needs to go out, pay the debt instead of doing investments.

But I was hearing, and I’ve been hearing on the background chatter of we could pay off their debt at any point by just using all of our commodities and the assets that we have in the country to, to back a new system. And every country in the world could. If the central bankers aren’t controlling your, your commodities. What do you think about that? Is that something that, realistically, Jim Rickards is going around telling everybody that’s what Trump’s going to do and get us out of debt, and he’ll be the most popular president in the history of the world, if you will, because he’s going to get us out of debt by backing it with commodities.

It’s not any different than the gold guys that I’m talking about, trying to use gold to get everybody out of debt. There’s these. He’s trying to do that same thing. What do you think of that? I don’t, I don’t know how you do that. Because, I mean, if you look at the balance sheet of the US government, it’s 5 trillion. And the largest asset is student debt, it’s 45%. But if you use the assets, if you use the commodities we have in the ground and all the assets the United States has, could you back and get us out of debt that way? Is that what you want to do then? You want to know of all of our assets and give them.

I’m just saying. I don’t mean you. I mean, is that what we want to do when we, we would give away all of our natural resources to the rest of the world just to get out of debt? I don’t think we have extra spending now. We’re screwed because now we sold everything we have. That’s why I like the idea of maybe working with some gold resources that are out there. Well, what you do is instead of backing the currency, you let the currency inflate and you sacrifice the currency. You Back the Treasury with gold. Because if you back the treasury with gold with long duration treasuries, you will incentivize the continued purchases of our Treasuries, which is redeemable in gold.

But it then eliminates the need for there to be any coupon. You could do a zero coupon bond that is redeemable in gold at the end of maturity. And now you have low borrowing costs so that you can continue not only to pay down your debt but also to reshore your manufacturing. And James Rickards also says he could see gold at $24,000 an ounce revaluing, by the way it’s held in the gold revaluation account. That’s the name of it. All of the United States gold on the balance sheet is a gold revaluation. And his numbers of $24,000, he has a way of getting there by taking the gold that’s supposedly there, that hasn’t been audited and dividing it into the money supply.

And he got 24,000, which would every $4,000 increase in gold would give the Treasury General Account 1 trillion free and clear. Treasury would issue treasury certificates to the Federal Reserve and the Federal Reserve then would print money and give it to the Treasury. It’s an accounting gimmick. The Fed holds the gold does not have claim to the gold but to the dollar value of the gold. So the gold belongs to the treasury and the people. So the treasury would get $6 trillion, they can start to pay down their debt and gold goes way, way higher, which would benefit every central bank on the planet.

Number one, it would massively devalue the dollar. Number two, just like when Roosevelt confiscated gold at 20, paid everyone 2067. In 1933, 67 cents was a lot and then devalued the dollar by 40%, making gold 35. Well, in this case, if they valued it at 24,000. Just saying it’s a, it’s happened three times. 1933, 1972, 1973, gold was revalued. Number two, it would devalue the dollar that helps exports. That’s what Trump wants. Let’s, let’s think about this for a second. An average home. So people can put this in the context, would an average home that’s currently worth 500,000 go up by six times and now be worth.

It would go way up the price. So you’re going to see massive inflation, no question about it. I don’t know supply, demand, how it would work out, but the dollar’s value would go way lower. Inflation McDonald’s hamburger may be $25. Not quite hyperinflation, but maybe very, very high inflation. So yes, you have high inflation which devalues the dollar. However, inflation is when it gets out of control. High inflation is that without a. You could argue we have 11% inflation right now, not the 3 they tell us. That’s what Shadowstats.com will tell you. Just the way it used to be measured.

But. So if you devalue the dollar, you have high inflation. You make it easier to pay off the debt and the gold. Higher gold benefits all of the central banks. But then you can take that gold and peg it to a 50 year treasury, to Judy’s point, starting with 50 year and then shorter duration later. But if you peg gold deliverable upon maturity to a Treasury, you can have zero interest rates on it because it replaces the function of higher interest rates. You can’t have high interest rates at this stage of the game. You will blow up the stock market, the real estate market, the bond market, the banks and the insurance companies are all levered to the gilt in Treasuries.

If rates go up and Treasuries go down, the whole thing blows up. So instead you peg gold not to the dollar, because convertible currencies convert and they will. That’s Gresham’s law. Bad money will chase out the good. President De Gaulle of France proved that when he came and gave back all the dollars for gold in 71. That’s why Nixon closed the gold window. Instead, you sacrifice the dollar so that you can pay down your debt. You have super low borrowing costs. You onshore and reshore your manufacturing at very low rates. You then have the ability to grow our way out of this problem.

The problem is called Triffin’s Dilemma. That’s a healthy way. It’s the only way. You either inflate or you default. But Triffin’s Dilemma is the dilemma being the world reserve currency. It says you will always have a trade imbalance, always if you’re the world reserve currency. Because the world can’t get enough dollars just through trade alone. So we export dollars. Countries sell their currency to buy. Ours makes their currencies cheap, ours high. Their manufacturing in that case is much less money. So we send it that way because they can sell us their goods that we buy at Walmart and target very cheap.

So we have low priced goods, we have low interest rates and high asset prices. That’s the privilege of being the world reserve currency. So pushing all of these countries with high tariffs, knowing that that in fact, Vice President Vance wrote on White House letterhead and said because of Triffin’s Dilemma, being the world reserve currency at this stage of the game, when we’re so far indebted and we really don’t have much in the way of options really isn’t a benefit anymore. So are they trying to in essence move away from being the world reserve currency and destroying the value of the dollar in order to protect the bond market? Which is something that is more important because if you have dumping of Treasuries, interest rates spike to the moon and everything resets like that.

And if you want any chance of bringing back manufacturing to grow your way out of this problem, instead of I don’t defaulting or hyperinflating completely and totally, you have to bring back manufacturing. You can only do that with low interest rates. And the only way you’ll get that done is to peg something like gold to the treasury and revalue it. And we’ve become net importers since November. We’ve imported more gold since November than any time ever in the history of this country. So something is changing. My feeling is that is closer to reality than actually pegging it to the dollar.

That’s not what we want. We don’t want a strong dollar, we want a weak dollar. If we’re following his playbook and we want strong demand for our treasury which the more dollars we create, the higher the value of the gold that’s backing the Treasury. You will have incentive to own Treasuries but very, very, very low if zero bound borrowing costs for the US the result is we have to sell our or give up our gold in 50 years and then maybe she goes to 30 as she was talking about then 20 and 15 shorter duration treasuries.

Eventually those low interest rates and low borrowing costs would enable us to bring back manufacturing and start to grow our way out of this problem. Maybe we could just a short break from the program to share with you an amazing peptide to help you lose weight. It’s stronger than Ozemp. 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. 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 sarah wessel.com and to 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 sarah wessel.com under shop or use the link below and remember to use coupon code Sarah let’s talk about war a little bit because war always accompanies this stuff.

And I was listening to an admiral speak, I think it was yesterday and he was talking about how the Philippine islands which are very strategically positioned before China, if you’re going to do a war with China, which really sucks that he’s talking about this but he was talking about how they’re building their fleet out in the Philippines and it seems like they’re positioning themselves to have some kind of conflict with China or it was propaganda, I don’t know. But I was listening to him specifically talk about that. What do you think is going to happen? They’re just not going to lie back and let somebody take over the power of the currency.

There are the geopolitical, economic power. Nobody who wants that, who’s in that power. Just let some. Okay, you can have all the power. We’re at your mercy now. It’s just not. Well, I think that China, certainly not Iran and if you mess with a country like China, I think you’ve lost your damn mind on a military basis. You do not want to get into a hot war with a nuclear powered country that has hypersonic missiles. And you know, this country has never had bombs dropped on it and like we do around the world. Imagine if there were bombs and missiles flying into California and New York and Miami.

Yeah, I mean it’d be over in two seconds. I mean it’s just, it’s. But I’m just saying that’s what he’s saying. But what do you think of that? Is that posturing because of this or do you think they’re smart enough to avoid that? Because the, the technology behind these weapons are just too strong now. We’re just, we’re too advanced. It’s, it’s, it’s too frightening. I mean, hypersonic missile can be hit the, the California coast in probably less than 10 minutes. So. Yeah, and you’re talking nuclear weapons. This is not the war or the country you want to be involved with.

And that’s, that’s the idiocy of the military industrial complex and the never ending war cycle. No, I, I would hope the cooler heads would prevail. You know, doing what we did with Iran, bombing very strategically their nuclear sites far away from public, is not a war. A war is full on decimation. And God forbid that we got into a war with a country like China. It would be the silliest thing that we would ever, ever embark upon to extend the United States hegemony when we are a paper tiger in that respect. Now look, I’m a, I love this country, Sarah, but we’re broken, insolvent.

And that is not what we should be doing at Glasgow. You’re the messenger. So here’s the deal. What do you think when the, when an admiral, Navy admiral is talking about that he’s talking about in a major national show with a lot of huge audience, what are they doing? Why are they saying that? Is it propaganda to scare? It’s kind of all bluffery right now. You know, our aircraft carriers would be sitting ducks, and that’s the truth. If you really tried to build up Navy presence in the South China Sea and we got into a war, those big aircraft carriers would be sitting ducks to hypersonic missiles and massive drone attacks.

It’s not even funny. That’s why China’s built a whole slew of tiny little aircraft carriers, mini carriers, because they’re a little more nimble. But that big aircraft carrier carrying, you know, a whole fleet of airplanes and whatnot, yes, it would be mutual destruction assured. But it’s just, it’s stupid. I know it’s stupid. Is moving far past this. And it would be. You don’t want to get to that far past point where it’s now hypersonic missiles being shot in the United States, God forbid. So I think I would like to hope that that’s off the table when you talk about the finances of it all.

The biggest mistake we ever made was weaponizing the dollar against Russia. The world doesn’t trust us anymore. They don’t want our treasuries and so the only way you’re going to get them to continue to finance our debt is to peg it to something real, like gold, which would keep borrowing costs low. I don’t know how else you get past this stuff. A war with Iran is not a war with China or a war with Russia. A real war with Russia, not a conventional war like you see in the Ukraine. Yeah, well, it’s all war. That’s the last thing we want.

Well, and all wars are preceded by the real wars. These wars are preceded by tariffs and commodity warfare and shutting down as soon as they feel that they are forced to go to war. The difference of today and yesterday is our technology is so much more advanced that, I mean, hopefully we just don’t have crazy people running all this stuff, because that’s what they’d have to be. I mean, now, hopefully we don’t have AI running it where AI. You know, where it’s. You don’t have the human element. Well, you might have AI if they initiate it, but the initiation wouldn’t be AI.

Well, it could. You ever. When you were a kid. I bet you did. Did you ever see the gay. The movie War Games, Matthew Broderick, where they played tic tac toe and then they. Yeah, but. And if you. If you watch the way it happens in the simulation, you know, one entity launches missiles, the next one senses it and launches missiles, and within 10 minutes, the whole world is gone. Yeah, God forbid we saw something like that. But there is that kind of power that these nations possess. It is. Yeah, we. But even. Even that, you know, separate from software, the technology that these weapons have are so much more advanced.

You don’t even need people. It’s all drone warfare. It’s. It’s not even people. They just go. And everything’s automated. And you don’t. You know, when they talk about soldiers and the. We need all these guys and these Navy. Now. I love Navy seals. I love these Green Berets. I love their mindset, Right? What I love about them. But I was trying to explain to somebody, somebody in a wheelchair now could be our top military person, because they’re out there controlling the drones. I played golf with a guy in Las Vegas. I asked him what he did.

He says, I work for the Air Force. I said, oh, were you deployed? He says, yeah, in Afghanistan. Except via Grand Forks, North Dakota. I’m like, what do you mean? He’s like, I fly drones from Grand Forks, North Dakota, in Afghanistan. This is a couple years ago. I’m like, wow, think about that. For a moment, it’s like a video game. He’s a young guy. You’re sitting in a chair in North Dakota in the middle of winter, and you’re. He says, he says, yeah, there’s someone who helps me take them take off and land. But I fly it from that point forward in North Dakota.

So you’re right, it is, it is becoming a. A very scary form of warfare. And I hope that’s something we never have to cross. But these are the kind of things that happen, I guess, as empires fall. Things are changing, Sarah, no matter what. And I think there is a great push to push back against the United States hegemony. And it centers around blockchain technology and commodities. And let’s just hope that cooler heads prevail. But I think we’re past the point of it being something to discount any longer. And the likelihood of the dollar fizzling out, losing legitimacy, I think it just becomes less legitimate.

It won’t. Maybe not all at once like that, but slowly fizzles out as the rest of the world is looking for other alternatives. Now, if it happens to the treasury, then things get real. Then you get that all of a sudden that reset because of rates spike because we held rates down for so long. The distortions in all asset prices are extreme. Stocks, bonds and real estate, you put interest rates at 20%, what happens to all of those assets? And then the banks at 5% start to blow up. At 10%, half the banking system is gone because they’re over leveraged and under capitalized.

And the systemic nature of it all brings it all down. And the insurance companies that insure everything are loaded with Treasuries too. So the whole thing is built on a house of cards. And it’s very hard to try and figure out how it all plays out. But I’ll simply say this. If you’re not a contrarian, you’re destined to be a victim right now. And if you save all of your money and dollars, you’re destined to go broke. Much of the world understands that already. And this stuff doesn’t happen in a nanosecond. It takes time. That’s the part that makes people dismissive of it.

My job is to follow the trend, and the trend is accelerating. And at this point, to your point, I don’t know what President Trump can do, really, but threaten things like war, which, God forbid we get to that point, then we all have bigger problems on our hands than the value of the dollar. Well, there’s three cryptocurrency, big legislation, that just went through today or that’s being voted on today. This whole week is kind of like a crypto week. I would argue that the whole world is kind of digital already, but we’re moving towards a. I’m sorry, but there’s going to be digital currencies, CBDCs, we’re digital already.

It’s going to, hopefully it’s backed by real commodities like gold. But we’re going to move past blockchain because blockchain is a simple data structure that it doesn’t work that great. So there’s going to be better data structures, distributed data structures that are faster and more nimble, but essentially for the common person to blockchain different data. If you want to think of a blockchain as a data structure, we’re just moving to different, better data structures. But that’s the future. It just is what it is. And I think that they’ve identified that and they’re going to try to compete on that.

And I don’t know if it’s already been laid out because the central bankers are on the, on Bitcoin’s board. I mean, that’s been known for a long time. So this has been in the works for a long time. The question is, is whether bricks and this whole switch is if they’ve been behind that or is it multiple factions or how does all that geopolitical stuff play out? And that’s why I love talking to you, because you’ve given me so much insight, give people so much great insight on the moves, the actual moves. Because unless we’re in the back room when they’re making these, these board decisions, it’s really hard to know what the hell they’re doing and what you, you are looking at this and analyzing it at a more sophisticated level than almost anybody else on the planet.

And I gotta tell you, I’m really impressed with some of the stuff that you talk about. And so thank you for coming to the program and talking about this. But we’ll see this. I think we’re gonna see this whole digital currency landscape really unfold. You know, go ahead. What’s really scary about that, Sarah, for everyone out there, Google or look up the Google Willow chip. The Google Willow chip, which is already a prototype, China just came out with a faster one. You’ll find it as an attached article, I think, but it’s the quantum computing. Now, I didn’t even know how big this number was, but it says the Google Willow chip claims to be able to do what the fastest supercomputers in the world can do in it can do it in 10 minutes.

What the fastest supercomputers in the world supercomputers can do in ten septillion years. I didn’t know what septillion is and I forgot. Let’s just look real quick. I think it’s 10 to the 21st power. Septillion is 10 to the 24th power. You’re way past trillion. So you’re talking in 10 septillion years. You’re talking like before the earth was formed. That’s how fast these new chips can do computations at that in 10 minutes. So you think about digital that we’re going to run the whole is anything safe anymore? I mean and I’ve seen presentations where people say we’re going back to handwritten in the ledger type of stuff because it gets so far down that road in terms of anything that is alphanumeric.

I mean how do you protect it? How do you protect any passcodes? How do you protect all of your banking information? One last thing and then one last thing. JP Morgan as it is right now spends over a billion a year on IT security. What happens when we progress to quantum computing? Then what happens? Well that’s what I mean. They’ve been spending 90 to a billion dollars a year on surveillance technology for decades. And so this whole thing, I had Bill Beanie on my show just like a week ago talking. He’s an NSA whistleblower that came before Snowden, who was the Snowden mentor in the Snowden movie.

He’s the real deal. He created the, co founded the 6000 Person Surveillance Organization at NSA. That thing in Utah, right? Yes. And he said that in 97 we had the ability to hack every fiber telecommunication line in the world. Yeah, I mean it’s frightening as hell. I mean it is. And that’s the point with going so far into digital technology. You know, bad actors and supercomputers with new technology, quantum computing. How safe is anything anymore digital? So we may go so far that way that we end up slingshotting back to, to the stone age, I’m not sure.

But what I do know is that you can see as a result every government on the planet is racing to get hard commodities and maybe more telling is the repatriation of them from the exchanges to remove counterparty risk. You cannot hack gold. Gold doesn’t get hacked. But you certainly can hack a computer or a network or a system. And you know, if you watch the Zero Hour movie it goes, this was done a long time ago. How the Israeli Mossad tried to get into the centrifuges in Iran and couldn’t do it because it was underground. So they hacked the power company that the power went through the centrifuges.

They put a bug into the power company. It was this little. All they had was a USB device. Yes. And it spun the centrifuges so fast, they blew up. And when you think about technology that’s increasing so fast, I don’t know, I prefer analog to this craziness. But it’s good to talk about. It’s good to be aware of it. And I think it underscores the reason to have an open mind and to think outside the box and to not have everything tied to the Matrix. That’s one of the reasons I feel so good about gold and silver at the same time.

The biggest money in the world is doing the same thing. But, hey, there are more important things in gold and silver. But it’s something people should be thinking about. Well, it’s outside the Matrix, and you’re just. It’s. I don’t want people to be lost in fear, though, because. Because there’s more to life than that, too. It’s. At a certain point, you just got to be like, okay, whatever. I got to live my life. It’s good to know about this, but protect myself with actual physical wealth and assets. But, you know, you have been. You have proven to our audience that you are trustworthy.

We’ve been getting people. We just did a show with the privacy group, the Glenn, Me, you know, Glenn Meader and Eric Meter’s group of Privacy Academy on how we’re getting people’s. They help people with scams. And we. We both went on there to talk about the scams with the IRA scams and how people are getting back millions of dollars. And one of the things that people don’t realize, and I want to make this quick so we can end this, but people don’t realize that so many of the big names that are out there, the biggest names out there, are selling IRA scams.

And I, for a fact, I know a lot of them don’t know that they’re doing that. They do not realize that the companies they’re representing are selling scams. But you have successfully. Your team. And I’ve brought you personally, I’ve brought you. I don’t know how many. Probably a couple millions. Yeah. Millions of dollars of life savings that you have recovered for people. And I’m telling you that this is happening. People need to go look at their IRAs, their IRAs. And what is the number one thing they should do to check? Because they can’t, their company’s not going to voluntarily give them this information.

How do they check to see if their IRA has been scammed? If the company they bought from their homepage is primarily IRA based, that’s a sign. If the coins they bought are quarter ounce gold coins that they’ve, you know from mints, that might be respectable. But if you look online and can’t find them anywhere else and they were sold between 900 and $1,300 each, you’ve probably been scammed. If you bought silver coins that average between $60 and $120 each, you’ve probably been scammed. And any of these IRA companies that have to your point, very popular, noteworthy credible spokespeople who have no idea the companies they’re representing.

Because as you and I talked about on Glenn’s show yesterday, part of the recovery process is that these people are forced to retract negative statements on the Better Business Bureau and and whatnot. And it allows them to have these good reputations free from blemishes. By signing the NDA, they get made whole. It’s difficult to discern, but I’ll just simply say this. They all follow the same model, either proof coins at a huge premium which you don’t need, or quarter ounce gold coins. And I don’t know why they all sell quarter ounce but they do from either Australia, Canada or the UK from between depending upon when you bought them, between 900 and 1300 and silver coins from 1/2 ounce, 3/4 of an ounce, 1 1/4 ounce, 1 1/2, 2 ounces or 1 ounce rounds that you pay anywhere from 60 to 120 apiece for.

You need to reach out to us and Sarah Westall.com Miles Franklin did I get that right? That’s right. And I want to add a couple two more things. If you’re hearing that the company that you bought it from claim that they can give you thousands, $15,000 worth of free sensor. That’s the flashing red. Yeah, I mean it doesn’t work that way. The average markup by a company like mine, SD Bullion, JM Bullion, apmex, Money Metals, these are all good companies, legit if you’re making anywhere. If you make over 2, 2.5% on a small order, 3% on a really small order, you are out pricing yourself.

So do the math. If you do a million dollar order and make 1%, that’s still a nice commission. It’s $10,000 on a million dollar order at 1%. You do anything over than that, all of those other companies beat you. How are you getting $10,000 in free gold on $100,000 order? How much are they making? And so that’s just not understanding the industry. And you know, I would love to mention the names of these companies. We’ve had this discussion before, but people need to listen to the interview that you did. What was his name? Whistleblower Dale Whittinger.

He’s got to listen to Dale Whitaker’s interview. He mentions the names, he has the courage to it. Yeah, right. He doesn’t mention all of them, but yeah, but listen to it and he’ll tell you how it actually happens. As far as I’m concerned, it’s as close to organized crime as I’ve ever seen in my life. And this is a non regulated industry. This is why I left my corporate office in Minneapolis when I moved to Florida. It’s the only state that regulates what is a federally non regulated industry. We are licensed, bonded and background checked. I would lose everything and go to jail in the state of Minnesota if I did these things and were found guilty.

These companies won’t do business in Minnesota for this reason because it’s a federally non regulated industry. And what they are doing in my mind truly amounts to crime. And so we would love to help. Sarawesthall.com Miles Franklin she’ll put you in contact with us and we will do everything we can to help you and do so on a very professional, above board, transparent level. If you decide you want to, then continue and take the recovered funds and go to precious metals. We’ll make sure you get the best price in the country. But that’s not a prerequisite and we don’t charge anything for our service.

Well, and one last thing is that if they are looking into their IRA and their company, they need to call their company. They won’t give them the value. Maybe they’ll give them what they claim is value. You have to ask them what would you buy this back for? Yeah, not the value they’ll give you the retail value that they’re hurting other people with. You have to ask them what you can can get this bot back for. And that’s where you get the reality of it. And thank you, thank you for everything you’re doing because I know you’re putting your, literally putting your ass on the line.

You know what? And you’re worth it. Your listeners are worth it. They’ve been great to work with. I am attempting to take the first vacation I’ve taken in forever. This next week I will be gone. I will be back with a smile on my face to see you a week from Tuesday, I think. Do we do them on Tuesday? We do a week every. Yeah. And we can move them closer. We’re doing this one. We just did this one yesterday. So whatever works. Let’s just say I’ll be back next week and taking a week hiatus. But I appreciate you, Sarah, so very much.

And it’s my honor to be a small part of what you’re doing. And I hope people know that you have integrity that is far higher than most people in your position. And I respect it and I respect you and I thank you and have a wonderful weekend. I look forward to seeing you again in a week. Thanks, Andy. Talk soon. SA.
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