Little Guy Investing Opposite of Large Institutions Investors Seismic Moves Continue w/ Schectman

➡ The text discusses concerns about the potential downfall of the dollar and the bond market. It introduces a product called Sloop, which is popular among athletes for its ability to mimic exercise and boost performance. The text also discusses the stock market, highlighting a shift where big institutions are buying gold while average people are investing in stocks. Lastly, it criticizes the Bureau of Labor Statistics for allegedly manipulating job market data for political reasons.
➡ The article discusses concerns about the accuracy of job creation and unemployment numbers reported by the Bureau of Labor Statistics. It suggests that these figures are manipulated to present a more positive view of the economy than is accurate. The author also believes that the Federal Reserve and the government are intentionally weakening the dollar to support the bond market and bring back manufacturing. Lastly, the author expresses concern about the sustainability of the country’s debt, suggesting that the current system cannot continue to fund it.
➡ The article discusses the economic issues caused by long-term suppression of interest rates and offshoring of manufacturing. This has led to an illusion of prosperity, high asset prices, and a lack of affordability for younger generations. The author suggests that the solution lies in allowing the market to dictate interest rates and risk, rather than manipulation by governing bodies. The article also predicts a potential collapse of real estate and a serious economic situation due to these issues.
➡ The article discusses a significant shift in the gold market, where traditionally less than 1% of COMEX contracts stood for delivery, but now every single contract is settling in physical metal. This indicates a high demand for real gold, not just paper trading. The article also mentions a concerning trend in the stock market, where the public is heavily invested and on high margin debt, while insiders and institutions are selling. Lastly, it talks about the potential use of stablecoins backed by US Treasuries to fund government activities, and the possibility of gold being used to back the end of the treasury market.
➡ The text discusses a strategy to manage the U.S. debt by increasing the value of gold, which would devalue the dollar and allow the Treasury to pay off some of its debt. This would also encourage manufacturing by making U.S. products cheaper for the world market. The text also mentions the use of stable coins to keep the economy moving and suggests that the future might involve a shift towards digital currency and away from physical dollars. The potential negative effects of this strategy, such as inflation and the widening wealth gap, are also discussed.
➡ The article discusses the potential economic crisis due to job loss and the devaluation of the dollar. It suggests that to bring back manufacturing and pay off debt, the dollar needs to be devalued and inflation should be part of the deal. The article also mentions the possibility of a universal basic income and the need for zero interest rates. It warns against saving money in dollars and suggests investing in gold and silver as a safer option.
➡ The text discusses a strategy of selling on COMEX to balance market risks. This involves selling future production at a satisfactory price, without intending to take delivery of the contract. The text also mentions a recent trend of opting for delivery, which is unusual. Lastly, it promotes a trustworthy company that offers competitive prices and ensures safe transactions, especially in the unregulated industry.

Sa Sam Like I don’t think they want to be the world reserve currency anymore. I really don’t. And I think the moves that they are making are speaking to that. I think that they want to destroy the dollar. I really do believe that and I think I know how they’re going to do it. I think they’re doing that specifically to maintain the ability to support the bond market and if there is nobility. And again, I’m trying to find a glimmer of positivity in all of the stupidity around us. And again, I’m a Trump supporter. Quick break from the program to share with you something amazing.

This is called sloop. It’s actually Slupp 332 but it’s been shortened to Sloop. And this thing mimics exercise. It seems too good to be true. I first shared this on my sub stack and I had Dr. Diane Kayser and we went through all the benefits of this, this and the whole thing sold out. You can’t get it anywhere really across the industry and the people who are using it the most are athletes and bodybuilders and people who want to see extra performance in athletics. Because this in preclinical studies with mice increased their endurance by 70% and their distance by 45%.

I mean it’s incredible. And it’s been shown to mimic exercise even when you’re at rest. In pre clinical studies with obese mice, they lost upwards of 12% of their body weight in four weeks. Weeks. And it increased muscle. So this is really taking the industry by storm. It’s actually not that expensive either. With my 10% coupon it’s about $80 for maybe a two month supply if you take one capsule a day. If you decide to up it to two capsules a day because your dosage depends on what you want, then it’s a one month supply. But Dr.

Diane recommends doing one capsule a day until your body gets used to it. You might not see the same level of results or right away that the mice did, but your body can get used to it and see if it’s something that you really want to do. If you are interested in this I will have a link below so you can try it yourself or go to sarahwestall.com under shop. Remember to use the code Sarah to save 10%. Welcome to business Game changers. This is Sarah Westall. Another Friday night economic review with Andy Schectman. We’re going to be talking about a lot of important topics from the Bureau of Labor Statistics.

Why it was it’s so corrupt. Why Trump fight fired the the head. I mean, I think that’s more symbolic. But the corruption has been going on for quite some time. But it just came to a head just recently. And we also are talking about the stock market. My gosh, you’re going to hear that the big institutions are buying and just getting delivery of gold less than 1% of the time. They would stand for delivery now. A hundred percent, that’s a 99 swing. Meanwhile, while the big institutions are moving towards that, the average person is moving towards the stock market.

We’re seeing 54% of the market being by regular people. The fear that I have is people are just, I mean, this is a setup to be really hosed over. So before we get into this really good Friday night talk that I have with Andy, I want to remind you that you’re going to feel that it is important to go get gold and silver as an investment option if you haven’t already. And I highly recommend that you buy from someone that you can trust at margins that give you the most amount of gold and silver for the money that you’re investing.

Okay. A, you can trust Miles Franklin and B, you can trust that you’re also getting the most that you can for what you’re investing. And because you’re not buying crap, you’re more likely for it to be easily resold in the marketplace so it’s more liquid. Okay. I will have the link below. Otherwise, go to sarah westall.com Miles Franklin fill out that form. You’ll you will get the current price list this which is better than what they publish. And if you’re in one of those IRA gold scams, we are saving people literally millions of dollars. And don’t be ashamed because there’s a lot of you out there and there’s a lot of really big personalities that are still selling the scam IRAs.

So just be diligent and please share it. Look at your ira. Make sure you haven’t been scammed because there’s going to be a point where it might matter to you. And if it doesn’t matter, it’s just an investment that you plan on leaving to your family. You want to make sure you maximize what you leave to them. Okay. Sarah westall.com Miles Franklin let’s get into my talk with Andy Schectman. Hi, Andy. Welcome back to the program. Sarah, it’s great to be here. Good to see you. Well, we got our week. Yeah, well, you know, it’s our weekly Friday night.

You’re here most of the time we have some major developments in the economic market. I’m going to just go through some of these major points that I wanted to get your opinion on. Okay, let’s talk about the job market. It looks like the Bureau of Labor Statistics, this is the, what they’re saying now is that they artificially pumped it up during the campaign, during the Biden administration to make it look stronger than it was, create an illusion. And now they’re decreasing it to make Trump look bad. That’s what the narrative is. And getting it back to what the truth really is.

Even though they artificially inflated it before to make, you know, so it’s been just an illusion the whole time. So it’s not really decreasing, it just never increased. That’s what they’re saying. And then Trump got mad and fired the head of the Bear Bureau. Can you talk to that and what you found? Yeah, well, first of all, when we talk about the numbers that come out of the bls, I think we should pull the L right out of the BLS and call it what it is. It’s bullshit. The numbers that come out of the bls, namely inflation and unemployment, are completely, completely and totally distorted.

And I think like for example, take the CPI data. If true inflation, Sarah, was reported, then there’s no way anyone would buy a long term US bond at 4 or 5%. However, you can convince the market or the people that inflation is just 2%. Then on a 5% bond, a 3% inflation adjusted return doesn’t look so bad. But the thing is that the CPLI excludes food and energy and housing. They have something that they call hedonics, I believe, or it’s replacing things that become too expensive. If steak is too expensive, well, you won’t eat it. They’ll replace it with ground beef.

Last April, coffee was up 85%. So they replaced it I think with tea because it’s too expensive. So people won’t drink their coffee or eat that steak. They’ll do it other ways. The CPI doesn’t include maybe the most, the highest financial burden on all of us. And that’s taxes, which seem to always go higher. When we talk about the jobs report, the downward revisions is a scam again. And so yes, the numbers that came out the other day were 73,000 less than had been forecast. But that wasn’t the problem. The damage that was done. And by the way, the jobless rate did rise to 4.2%.

Right. And I want to say that I believe Powell saw the numbers before they were reported because you had two of the board members move in the other direction, you’d never see. It’s always unanimous. Two of the board members said no and voted to lower rates based on the information they had, and one of them quit. Now, we don’t know if the one that quit was one of the two that voted to lower rates, but usually it’s unanimous and there’s dissension in there. I’ll tell you about the revisions in a minute. But what you’re really getting.

Hold on. Have we always seen. I don’t know if we’ve. I think very rarely. Like, rarely. In terms of quitting, I don’t know. But in terms of dissension, in terms of not unanimous voting. Well, but quitting. Quitting based on dissension is different than just. I mean, everybody retires. We don’t know it’s quitting based on dissension. But it would seem as though that’s the case. Because what we’re really getting at here is if you look at the way that Powell lowered interest rates prior to the election, that would have been done to boost the market, which would have benefited Biden.

Here we are with numbers that would signify they should lower rates, but he’s not lowering rates. And I would think that really, if you were going to connect the conspiratorial dots here, that these two people said, what the hell are you doing? You know, the jobless rate is going higher, inflation seems to be going lower. We need to lower rates right now, and everyone else is lowering rates around the world. Why aren’t we. We did it going into the election when numbers were better than they are now. So what are we doing? Why aren’t we lowering rates? And so in any case, it’s politicized.

In other words, it seems very much like Powell is definitely politicized. But when we talk about the real damage, in my opinion that was done, it was not just the July numbers. If you look at the numbers that we saw in May and June, Sarah, it’s ridiculous. The whole economy is based upon these metrics, right? And the movements of the Fed, the movements of the market. So as an example, the main number, they had 147,000 jobs that were listed as created, but they just revised them down to 19,000. Really? And the June numbers, they had put out at 144,000, they just revised them down to 14,000.

So instead of 291,000 jobs that were created in May and June, the revision goes from 291,000 to 33,000. So you’re basically saying in essence that 258,000 jobs were just not real. And so they be that far off though, because ap, you know, I was looking at AP data’s more accurate than these guys, right? I look at them, the, the big payroll processor, right? It’s ADP is what it is. They are much more reliable than these guys. And there were many reports over the last five years that they’re like we have completely opposite reporting. Well, think about it.

How should have the Federal Reserve responded had those numbers been reported accurately? How would the markets have moved those days if accurate numbers had been reported? Gold was down 20 or 30 bucks after both occasions and the markets were up. So. So you think they were fixing it like they were? They were upping their market. I mean that’s market manipulation. They up their stocks, they cash out and they buy gold and silver. I just think that the Bureau of Labor Statistics is full of shit. I mean that’s just the bottom line. Pardon my French, but it is.

And the numbers, whether it be inflation or unemployment. Look, there’s a man named John Williams and I’ve said this on a million podcasts, shadow stats. And if people want to know what real inflation and real unemployment numbers are, go there. It’s free. It used to be called U8 I believe. And the unemployment number where you have. Let me see how many people. Yeah, what’s it at now? I mean what is the true. Because the market is soft. I mean Big Tech which is the largest companies in the world, they dominate the market caps now. Like the whole structure of the world has changed and our government is still operating in old time structure.

Most people are. But Big Tech is the biggest in the world now and they are soft. And so what’s, I mean so the market really is soft. The market is far softer than we are led to believe. And I’ll get to Coogler, I think is her name who quit in a moment. That’s the Fed. Erica McEnterfer is the lady at the BLS who was fired. But the thing that I wanted to mention and I think, I think I have this written down somewhere. Yeah. You know I wrote down here that on the gold price fell $17 and stock rise.

On the June numbers gold price fell by $28, stock rised on the main numbers. The real scam in all of this too is that you have, I don’t know how many wrote it down. I don’t know if it’s millions of people that are no longer counted as being here. It is I wrote this paragraph down. I said, most of us are well aware of the massaging of numbers to hide the true state of our economy. Like not counting around 100 million working age people who don’t have a job in the unemployment numbers. The reason they don’t is they fall off.

They’re considered disenfranchised. They’re just done looking for it. So unemployment numbers are way off, inflation numbers are way off. And shooting the messenger really isn’t the right thing to do either. But when you see that this Coogler who did not participate in this week’s Fed policy meeting, so I doubt it was one of the dissenters citing a personal matter. And she left. She’s gone. And what is that personal matter? I would argue that they believe that I think, and the two who voted no, in my feeling, they believe that it is being politicized, that this is about Trump.

My guess is that the Fed chair Powell saw the unemployment numbers before this and there was dissension and arguing would be my guess. That’s a guess, but that is pretty much the way that it would have seemed to me. And of all 100% of the new 73,000 jobs that were created last month, every one of them came from the health care industry, all of them. So that’s hardly a broad base or a booming economy. You know, it’s every one of the new jobs. Everyone came. Why is health care booming? I don’t. Go figure. Maybe people are getting sicker.

And that’s a, a whole nother topic that I’m sure you’ve already covered a whole bunch of. I’m just laying that out there because. And we talked, we started that there’s a collapse of. A lot of. A lot of the institutions are collapsing, most from a, you know, complete confidence collapse and people are disengaging and people need to read my substack article. But part of it is that things are occurring, like people getting sick or whatever. And the mainstream media or the media or the government institutions, Congress, everybody’s moving on as if nothing’s going on. You know, it’s, it’s quite.

And people are noticing that they’re wanting things to be addressed, Epstein. I mean, they’re making huge mistakes, assuming that they can move on in an arrogant fashion and just ignore the concerns of the people. It’s getting to the point where it’s too much now. Yeah, well, it should have been too much four years ago. It should have been. And I think it’s getting to the point now where one thing for the rest of the world to lose trust and faith in this country and its direction and its leaders, it’s another thing for the public to do so.

And I think you are seeing that. And so much of it is just lies. And we’ve seen that in so many respects. But again, they can’t be honest with the numbers that come out of the bls or things get much, much, much worse for them and their ability to keep the ball up in the air. And I think that is behind a lot of the moves we see economically right now or on the big picture, things that I’ve been talking a lot about. Like, I don’t think they want to be the world reserve currency anymore. I really don’t.

And I think the moves that they are making are speaking to that. I think that they want to destroy the dollar. I really do believe that. And I think I know how they’re going to do it. I think they’re doing that specifically to maintain the ability to support the bond market. And if there is nobility, and again, I’m trying to find a glimmer of positivity in all of the stupidity around us. And again, I’m a Trump supporter, if there is nobility in what he’s trying to do, it would be to reshore and bring back manufacturing. And the only way to do it in my mind is to softly default on the dollar to do so.

I’m happy to dig into that with some new stuff. We’ve talked a little bit about it, but I think I can sharpen it so that you understand there are very few ways out of this. There are very few ways out of this problem. Well, last week you were a little bit more positive thinking that there was. But now all this new stuff has come out. You think that possible? I know you’re positive, but you’re thinking the soft default, because that is one of the options. We can default. But you’re thinking it’s more maybe a combination of things.

It’s the default on the dollar, not on the bond market. And in other words, the mathematics of it just don’t add up. The math of how do we continue to fund our indebtedness with the current system. It doesn’t add up. Like I said, we have $28 trillion in treasuries coming due in three years. There’s a $3 trillion per year deficit. They just, the treasury just came out and said we need to borrow just over a trillion dollars for July, August and September for the quarter again. We’re already 1 trillion plus in the hole, it’ll be a 3 trillion plus dollar deficit this year.

So figure a $3 trillion deficit this year, next year and the following year into 28. That’s 9 trillion on top of the 28 trillion that’s coming due, that’s 37 trillion. We take in 15 trillion in tax revenue. The numbers do not work and they’re beginning to get worse. So the issue is how do you get demand for the treasury and how do you do that while keeping rates low? Because if rates go much above 5% on the 10 year treasury, we saw what happened to silicon and signature bank. The whole system begins to break. The whole system, you see when you suppress interest rates for as long as we did for 25 years to create an illusion of prosperity.

When you offshore your manufacturing because of Griffin’s Dilemma where the world reserve currency is always stronger than everyone else’s currency because they need more currency than we can provide just through trading. So they have to sell their currency to buy our currency. Their currencies are low, ours are high. Therefore manufacturing over there is way cheaper. That’s why we sent our manufacturing over there. Can be done at a fraction of the price which keeps the goods that we buy at Walmart and target cheap. It keeps interest rates low because they use our dollars and they buy our Treasuries and it keeps asset prices high.

Those high asset prices are a function of suppression of interest rates. That’s the whole issue. And when you create that environment of suppressed interest rates and no manufacturing, the illusion of prosperity is found in your 401k and your home. And so if rates rise, not to mention the banks and the insurance companies use U.S. treasuries as a riskless asset backing so much of their what they do if rates rise, those bonds in circulation not only in the bond market but in the banks and the insurance companies implode and you see massive problems. And so does stocks, bonds and real estate.

And so this is really the issue. How do you get demand where mathematically it doesn’t work for Treasuries, where we have to, we owe, we’re borrowing money every month to pay the money, the indebtedness that comes due, in other words, the bonds that are maturing. We’re borrowing money to pay for those bonds that are coming due. We don’t have enough money. If we were to calculate Medicare, Medicaid and Social Security and the government military pensions on our $37 trillion debt, we’d be north of 200 trillion in debt. There’s never been a country that’s crossed 130% debt to GDP and come back without hyperinflating or defaulting.

Right now we’re at 120ish, 125. You add that we’re well over 200. And so the dilemma is how do you sell bonds without rates going to the moon? I mean there’s always a buyer for us Treasuries, but at what rate? And why would, as I said earlier, why would Anyone buy a 4 and a half or 5% treasury with any duration when John Williams will tell us real inflation is 11%? And you can see mathematically that they will have to print money to inflate in order to do this. Now we’ve already seen the dollar lose 11% this year.

So they are doing it. The question is how bad will it get? And my belief is it will get very bad. That they will destroy the value of the dollar by printing it away. I also believe they will revalue the price of gold to devalue the dollar like they’ve done three times before. Like would benefit every central bank on the planet. Like it’s held in the gold revaluation account. That’s the name of it on the balance sheet. Well, and it’s just a matter of time, right? We just don’t know what the timing is and it’s just this looming thing that’s, that’s happening.

Right. The other thing you were talking about homes and the, there’s a report that just came out. It’s been there forever. It’s not like it’s hidden data. But the younger people are at an all time low, Millennials and prem millennials, whatever that is, Generation Z or something. They are at a four decade low at buying homes. I saw that. They can’t get homes. And it coincides with my article. You know, people are going to have to go look at my substack article on the collapse of trust and people. And this all comes into it, it’s, it’s from every direction.

And it wasn’t even that. It was being at age 30 being married and having a home. It’s straight down like when our parents, my mom and dad, My mom was 18 when she got married and my dad who was 23, I got married at 27 or whatever. I mean and now and had a home. And I wasn’t making great money back then, but the cost of home homes weren’t, weren’t as expensive as they are now. It’s the all time most highest unaffordable hunt, the highest unaffordability for housing ever. It’s over 44% of, of your income. But at 30 and married, it’s the lowest level ever.

In other words, the American dream. Having a family and a home at 30 is the lowest it’s ever been. But the other problem is, is that’s our people’s biggest asset. That’s their retirement fund, that’s their everything. So it’s becoming a serious issue. You have Trump and Powell openly fighting publicly. I don’t know if that’s theater or not. I need your. I mean you’ve never seen that in America. Because he wants rates lower, which he thinks will increase home affordability and make it easier for younger people to get loans. But think about it and go backward thinking that is okay, yes, it does make it easier to go into that difference.

But, but no way would it, would it, I don’t know, the homes are going to skyrocket, that’s the point. So if you have easier money, yes, it’s easier for young kids, younger folk to get a loan, perhaps. But you’re right now more people who have more money than those folks have an easier time getting a loan and affording it. So the home prices go higher and higher and higher. This is what got us into the problem to begin with. You see, interest rates should not be created or controlled by 12 governors or one person. It should be created by the market.

The market should dictate the risk and the reward. That is free market enterprise. When you manipulate interest rates for so long and keep them so low, you create distortions. And by having a federal funds rate at zero for all of those years where a 30 year mortgage was 3 and 4%, the asset prices as a result of those mortgages became distorted. Because the question is the home that you live in right now at 3%, 30 year mortgage rate, what’s it worth? That’s why people won’t buy or won’t sell because they’re now it’s at 7. Well, they’re in these like 3% mortgages and it’s at 7, so nobody wants to sell.

And then, well, you can’t move laterally because the cost of money is doubled. But not only that, now that it’s at 7, is it really worth what you think it is? And if you bought it at 3% or refinanced based upon a valuation, is it worth that? In other words, the only thing that will fix this is lower prices. Really. Because the issue is that prices are too high for this interest rate environment. But because no one can Sell and wants to realize those losses and the inability to downsize, even because the cost of money is so expensive now, two and a half times what it was a few years ago.

It’s the distortions and the misallocations of resource and capital and the distortions of asset prices that were a function or a factor of suppressing interest rates. Well, how long does it take to get out of this, though, right? Because it takes some pain, it takes a collapse, it takes a collapse of real estate. And you can have a 3% mortgage, Sarah, and that’s great, but if you lose your job, how great is it, can’t pay for it, then what happens? I’m not saying that’s going to happen, but the simple point of it is that people die, people lose their jobs, things happen, and those lofty prices have to come down to meet demand.

The spread between houses for sale and houses selling is like the biggest ever. And there’s a lot of houses for sale, but they’re not selling because they’re too unaffordable. And they’re unaffordable because they’re still priced at the level three years ago when interest rates were at 3% on the 30, yet money’s two and a half times higher. So the county may value your house at a million dollars, even though 10 years ago, seven years ago, six years ago, it was worth 700,000. But then they stepped on interest rates and all of a sudden everyone’s buying homes, 3% mortgage, the price shoots up, and here we are.

It’s never corrected to the fact that rate’s gone back up. He wants lower rates. It will only add more fuel to the fire. Manipulating rates is the problem that got us into all of this. That’s not gonna change. They’re in a corner is really what the problem is on every single level. I know, but that’s why we’re seeing a collapse. A very real serious situation that we haven’t seen. I don’t. In my lifetime. I. It’s. It’s really, you know, you are seeing purchases. We’ve talked about purchases off the comex before and how it was skyrocketing. Now it’s.

Every time I talk to you practically, it’s a new record. So it’s really crazy. And, and by the way, I want. I do before I go there. Well, when we talk, I’d like to talk a little bit about stablecoins and that will help answer a lot of what we were just talking about here with interest rates and stuff. When we get to that Point if we have time. But when you talk about what’s happening on comex, I’ve never seen anything like it. Now I used to say as just a matter of fact that COMEX contract, which gold contracts are 100 ounces apiece and silver contracts are 5,000 ounces apiece, five 1,000 ounce bars and one 100 ounce gold bar.

And I used to say all the time that 1% or less of these contract stand for delivery. Just 1% or less. And what we are seeing right now is crazy. Just to give you an example. So keep in mind what I said about the fact that less than 1% ever stood for delivery. So the August delivery on the COMEX is off to, I guess you could say an insane start. And that we’re three days in four days into the August delivery contract. Now I only have the first three days of data, but in the first three days of the August contract, 20,126 contracts good for delivery.

That’s 2 million. Let’s do the math here. 20,126 times 100, that’s 2,012,600 ounces of gold that is worth right now $6.84 billion. Now that was just in the first three days. Now here’s the crazy thing. You know, I mentioned that. Oh, what did I just do there? I want to get that back so I can dot the I’s and cross the T’s on this. All right? Okay. So anyways, you know, I mentioned that the delivery is crazy. Every single contract, every single one is settling in physical metal. In other words, less than 1%. My whole career used to settle for metal.

In other words, they would be rolled over, they would be paper settled. This is a one to one ratio for this month. That means physical delivery is taking place on every single one of those 20,126 contracts in just be less than 1%. So, so that, that’s $7 billion worth of gold in the first three days. That signals massive investor demand for real metal, not just paper trading. Change. That’s the kind of fundamental change I’m seeing. That’s a 99% swing. Yeah. And, and when you realize that across the entire futures complex, almost all futures are closed out before delivery, they trade for profit or settle in cash.

And when you see physical metal actually changing hands, and this is only three days in, there’s a lot of open interest left. That means contracts that can actually do this and every issued contract standing for delivery is, this is a change. And so this goes hand in hand. With what I’ve been saying about, I believe it’s the US treasury probably through the exchange stabilization fund that is standing for delivery on all of this. And this is what we know of. I’m sure they’re taking it through all different avenues. I really believe they’re going to back at some point the back end of the treasury market with gold.

So. Well, it looks they’re going to do that behaviors. Right, That’s. But the same time do you think that they’re pumping up the stock market and the average person is going to get screwed? I mean that’s. Well, you have, you have the largest allocation of stocks in the history of the stock market by the public right now. 54%. That’s bigger than the. And not only that, what’s even worse than that is that you have the all time highest margin debt level ever in the history of the stock market. Over a trillion dollars in margin debt. And if you have margin debt, if you have a margin account at your brokerage, that means you have $10,000 of your own money.

You can borrow another 10,000 from the broker you now control 20. But if the price goes against you, they sell your stock unless you pony up more money. It’s gambling. So the public has all time leverage, margin, all time participation. And since June just few months ago, Bezos has sold 6 billion worth of Amazon stock. The three biggest traders or three biggest stockholders and board members for Nvidia have sold hundreds of millions each. You have Buffett sitting on 500 billion in cash. You got all the insiders selling. That’s right. Institutionals, the hedge funds are selling between 2 and 4 billion a week and the people are buying.

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 of 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. 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 tests, studies and real results 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. And at the other end of the spectrum you have people with very little exposure to commodities like gold and silver. Very little. And yet we’re seeing in three days 7 billion which is following suit for month over month over month over month over month over month is the beginning of the year.

Record deliveries and become a net importer of gold. So between the central banks for the last three years draining the world’s exchanges and the sovereign wealth funds that act as a proxy to these central banks, you now have the most intuitive, well informed traders in the United States. Standing for delivery for billions and billions and billions of dollars worth of gold. In the public is completely polar opposite the insiders and the institutional selling into the hands of the public who’s going on margin. It’s sad. They take their money by commodities and the public has no exposure.

What could possibly go wrong? That’s a revolution waiting. I mean that is so sad. Okay, now let’s talk about the CBD. The not CBDCs, you might as well call them that. But the stable coins people are saying that this is the CBDCs in a cloak. But, but I remember last year we were talking a lot about how they were going to put us into a situation. I don’t even know if they did it or not. People, you don’t even have to be doing it on purpose. But we’re in a situation where almost the solution is also the cage.

It is 1,000%. And so you have Treasury Secretary Bessant says stablecoins can create up to 2 trillion in demand for U.S. treasuries. And it’s true. I went on a couple podcasts last week. It’s funny. And I said that you’re going to see corporations worldwide issue stablecoins because they’re all backed by U.S. treasury on flow. And so here’s the crazy thing. So before I answer this, I want just to clarify my belief is they’re going to use these Stablecoin issuances and you’ll see every corporation. I’m going to give you an example in a minute. As opposed to stock? No.

Kind of. But they’re going to back the front end of the treasury market with it. The part that has low interest rates up to two years. And every single stablecoin that is sold will be backed by US Treasuries. That’s the legislation part of it. They will control the on ramp and the off ramp. Even though these are individual corporations, the Fed will see who’s coming in and who’s coming out. As I mentioned to you last week, the BRICS pay technology has kyc, KYT and AML Technology. AML is anti money laundering. KYC is Know youw Client. That’s, that’s for all of us companies.

KYT I’ve never heard of Know youw Transactions. So they’ll know what you buy, who you are and where you got your money. But, so they’re going to use that to fund the government’s activities. The front end. Instead of dollars that we normally would do through wires and stuff, you’ll use stablecoins through all these institutions which are one to one pegged to the Treasury. So it’s a synthetic demand for Treasuries when the organic demand is dying and the back end of the market where the real debt accumulation would would go. With this inflationary deal that we’re doing, they would have to be much higher interest rates but that would blow up the market.

So instead they peg gold to it. All the gold that comes in, they peg it to gold, make it redeemable in gold down the, that acts as the high interest rate. You have zero borrowing costs. If you revalue gold first, as everyone is talking about now and you and I have talked about for a while, it’s held in the revaluation account. James Rickards says 24,000. That’s the number he gets dividing M2 into the gold that we supposedly have. But it would benefit every central bank. But when you, if you make gold, 24,000 and the Treasury Secretary would just tell the Fed chief, make it 24,000.

That would give the treasury general account 6 trillion free and clear. Every $4,000 increase in gold gives the Treasury $1 trillion. They would issue gold certificates to the Fed. The Fed would create that money out of thin air, give it to the Treasury 6 trillion which would massively devalue the dollar. The Fed does not have claim on that gold. It’s the people’s gold. They just have claim on the cash value, but they hold it in their vaults as collateral. In any case, the 6 trillion would allow the Fed or the treasury to start to work off some of its debt.

The devaluing of the dollar tremendously would allow us to bring back our manufacturing at zero interest rates because those bonds would have a zero coupon rate but deliverable in gold. The stupider we are with our monetary and fiscal behavior, the higher the price of gold goes. It acts as the interest rate. It Acts as the inflation hed. So you have the stable coins that are going to be. I’m going to give you an example how it just happened last night. It freaked me out because I’ve been saying this for two weeks now. The last night I’ll read you but.

So they use the stable coins to run the front end of the market at low rates to keep the spending of the government moving the back end. They put zero interest rates. They peg it to gold deliverable in gold which puts zero interest rates. They revalue it decreases massively. Devalues the dollar, brings back manufacturing at zero interest rates and allows us to sell our products at a devalued dollar to the world and grow our way out. That is what I think they’re trying to do because you can’t sell your manufacturing at a high dollar price and you can’t be the world reserve currency at a high dollar price.

That’s why they’re tariffing all of their allies, countries that we are supposedly close with and they understand. Vance even came out on White House letterhead and said Griffin’s dilemma means it’s bad to be the world reserve. You hollow out your manufacturing and we’re too far down the line. It’s not good for us anymore. I think they’re pushing against everyone to find alternatives to the dollar settlement system. The world reserve system. Now the bond market is just the dollars. The bond market’s different. So the dollars if you save in dollars, you’re dead. It’s already down 11% this year.

So they let the dollar die. That’s how they print their money and devalue their money in order to pay off the mountain the 200 plus trillion in debt that they have. And how many seconds ago was a trillion seconds or how many years ago? 31,688 years ago was a trillion seconds worth 200 trillion in debt. You peg gold deliverable out into the future with zero coupon on those bonds which allows no borrowing costs and a devalued dollar by revaluing the price of gold. Bring your manufacturing back at zero interest rates and a devalued dollar lets you sell to the world cheaply.

You’d revalue gold much much higher in order to devalue the dollar and peg it to the bonds. You use the stablecoin issuance to back the front end of the treasury market to keep the game going. Now I said that every, every corporation on the planet is going to start issuing them. Listen to what I just saw last night. J.P. morgan, I can’t see crap. But that’s a problem being old. You got to get your glasses, J.P. morgan. Yeah, I know. I think I can get this. J.P. morgan. This is as of last last night, J.P. morgan partners with Coinbase to integrate banking and crypto like never before.

Starting in fall 2025, Chase customers will be able to do the following. Link bank accounts directly to Coinbase Wallets. A first for a major US bank fund. Coinbase Wallets using their Chase credit cards. Listen to this one. Redeem Chase ultimate reward points for USDC $1 equals 100 points. Those are stable coins. USDC is the circle. Goldman Sachs circle stablecoin. And then he goes on to say the twist. It’s coming straight from the bank led by Jamie Dimon who not so long ago was calling Bitcoin a fraud. Talk about a 180% on digital assets. This institutional adoption and action an explicit signal crypto isn’t going away.

In other words, they are using the issuance of stable coins. And, and think about my, my show, it’s called Little by Little. Well, think about how recently we started hearing about stable coins. Year ago, two years ago. I mean it was Bitcoin forever. But usdtc, you know, at usdt I think. Yeah, tether. But this, it was more of a niche market, right. They were testing. It’s almost like little by little by little. And now the Treasury Secretary is coming out and telling you, flat out telling you that he’s going to. This will enable to get interest rates.

Now remember we talked about. Well, let me just find the actual thing. I want to read you here because here it is right here. It says Secretary Bessant openly stated. He said, well I’ll read you. With a projected national debt rising to 60 trillion by 2035, fiscal irresponsibilities baked into the cake. Treasury Secretary Bessant openly stated he expects to push rates lower when Powell steps down, suggesting direct fiscal control over monetary policy. And in other words, if all of a sudden the treasury isn’t, is behind all of the issuance of Treasuries because of the stablecoins, the Fed’s job becomes much less significant.

They won’t be able to come in and do all of these things that they do to control monetary policy. It’s kind of fiscal monetary policy combined. He says. Dissent is reportedly a potential candidate replace Powell as Fed chair. This signals a planned strategy to influence interest rates via fiscal tools. If enacted, their approach could trigger massive renewed inflation cycles, especially with anticipated timeframes starting next summer. He said we’re going to go big on stable coins and we’re going to get rates low. If you get rates low, that means inflation. That means the dollar is going to die.

And that’s what they want to do. They want to destroy the dollar but allow enough demand for the treasury. Well how do you do that? If you destroy the dollar and inflation, you have to have rates high. No, you peg it to gold and have zero interest rates on the long end. So you can bring back manufacturing. And the devaluation of the dollar through revaluing gold allows you to sell your products to the world much more deeply. But the world reserve status and the dollar saving dead. Okay, well if that happens, the dollar, there won’t be physical printed dollars anymore unless they come up with a new thing.

The only thing that will stand withstand that is gold and silver. As far as being a printable money, I mean that or money that we have. I mean because if they kill the dollar, they’re going to have to print enough. Do you think they’re going to get rid of. They’re going to force everybody into a digital commodity and not. Well, the world is moving cashless. I agree, we are cashless. But that’ll overnight make it. I mean can they do that? You know what I’m saying? I mean if they kill the dollar, will they, will they stop printing something physical? Well, I mean maybe what is, what is the average person gonna do that isn’t.

Not everybody is digital the home. I mean they would end up. Some of them are. I mean, I don’t know, maybe they get some form of, of universal basic income from the government on some form of a credit card or something. But that’s what they’re. But you know, anyway, every year we have to talk about UBI universal basic income at some point because I’ve been completely against it because of how it destroys people’s willingness to work. But I’m rethinking it. Not because I don’t. I, I think it still does that. Right, but what are we going to do? I mean I almost think we’re in a corner again.

Well, I mean what are we going to do in this environment you have very, very wealthy people and very very poor people. The middle class and the poor will be, will find it much harder to make ends meet in an massive inflationary environment. And the Cantillon effect says that people who have assets will make lots of money. They’ll be much, much wealthier because their assets will appreciate what’s going to happen. Is there going to be Pitchforks. I mean, are we talking the pitchfork situation that we saw during the French Revolution? I mean, what I see happening, I could see Trump coming on TV and saying, look, we messed up, we messed up a very good deal of being the world reserve currency, but we are far too indebted and the rubber is meeting the road.

This is what we need to do in order to bring back our manufacturing. 60% of America does not have a college degree. AI is going to eviscerate a lot of white collar jobs. Where’s everyone going to get living? Where are they going to work? What are we going to do? We have to. We have to. We don’t make anything anymore. We don’t. We make it. And financial assets, financial instruments. So instead, the only way to bring back your manufacturing. So, you know, as I mentioned, Triffin’s dilemma means that you will always have a trade imbalance because it’s cheaper to make your goods elsewhere because your dollar is too high.

So they don’t want that. Number one, even Vance said it. And in order to bring back manufacturing, you have to devalue the dollar and, and the inflation has to be part of the deal to pay off the debt and to devalue the dollar further to make our exports more attractive. But to get the manufacturing back here, you have to have zero interest rates. That’s the gold backing. But this deal will make it very, very difficult for the poor. There will have to be, I’m sure, some form of universal basic income. But they’ll say, look, we messed this up and for our children and for our grandchildren and for us down the road, we need to be the engine of ingenuity and manuf again.

And the only way to do that is to reverse what we’ve done by being the world reserve currency and bring it all back and sell to the world. Because we have the most natural resources, we have the greatest schooling, the greatest ingenuity. We can dig ourselves out of this. But it’s going to take a little bit of time and some pain. There is no easy way. Richard Russell, my mentor, used to say, 15 years ago, the Fed is so far down the indebted path, they have two choices, inflate or default. Well, this is the third choice, default on the dollar to maintain the integrity of the bond market, to bring back manufacturing, to regain legitimacy down the road.

This is kind of like the fourth turning, you know, where everything has to change. We have exploited so much out of the system that there really is no easy way to do it any longer. There isn’t And I think this carries with it the least amount of pain. But I’m very confident that is what’s going to happen. If I’m right, the worst thing that you can do is to save your money in dollars. You’ll go broke. And if you aren’t a contrarian right now and people who listen to this show are, you’re going to be a victim.

I do believe that dollar is lost. It’s funny, you know, we talk about the Federal Reserve and all the things that they have done. Section 2A of the, of the Federal Reserve Act 1913. I was just reading this yesterday. It made me chuckle. It said that the Fed is supposed to maintain stable currency. Yet since 1913, the dollar’s lost 97% of its purchasing power, the source of destabilization. It’s going to get worse now. It’s going to get worse because it’s. The only way out is to inflate away the problem and devalue the dollar in order to address the real issue.

And that is how do we pay off our indebtedness and bring back our manufacturing to grow because we have nothing that allows us to grow any longer. We’re seeing a collapse of confidence. And in a lot of these, that’s what. But the, the problem is the people don’t have, the people who are collapsing don’t understand anything about economics. They just know that they can’t get a job, they can’t get a house, they can’t trust the government. Their, their family members are dying from an illness that nobody gives a about. That’s the stuff that they’re seeing. Well, think about it.

What’s the mantra of the US Government? The full faith. What faith? That’s lost? Faith and trust and credit. What credit? We’re broke, we’re insolvent. So the full faith and credit of the US Government in a system that used to be backed by a faithless, trustless system. In other words, it was exchangeable for gold. We had no inflation. And now not only have we lost faith and trust in our currency and in our treasury, but also in our institutions. Like the line coming out of the Bureau of Labor Statistics. Like the things that we saw the last four years under the Biden administration.

Election integrity and border issues, immigration, two tier justice system. All of the stuff that drove me insane. These are the things that are happening now. I just wanted to mention, just to put an exclamation point on something I brought up with you last week. Remember I was talking about maybe the last few weeks about The BRICS bridge and it’s the M bridge and how China connected it with these countries in Southeast Asia. They’re called ASEAN A S E a N. I brought it up to you saying that the BRICS bridge technology which is central bank to central bank was fully connected and working with these 11 countries in the ASEAN region.

These are the countries in Southeast Asia and five Middle Eastern countries. They had signed up to it. It’s working. They can trade with one another, cross border using their central bank digital currency and settle in balances in gold in this new multi jurisdictional vaulting system that China is building. First one is done in Hong Kong, the next one is under construction right now in Saudi Arabia. And then they’re going to be going around the Belt Road. We talked about that, we talked about BRICS pay, which is the retail side of that, which is business to business, consumer to business, consumer or bank to consumer, all these things and they too are connecting with the Asian countries and the Belt Road initiative.

This is 90% of human population ultimately. But it was a big deal to me when I saw that the bridge had signed up with these countries, these Asian countries. And then I read something a couple days ago and it was a Forbes article. I’m going to read it to you. Forbes pointed out that China is now just the third largest trade partner for the United States, a distant third behind Mexico and China. In the month of May, China represented less than 6% of US trade which was the lowest level in over 20 years. Wow. Then there are the Asian countries, the countries in Southeast Asia and together they have a population twice as large as the United States, over 700 million people.

Now remember they’re connected to these new cross border payment systems that have free from swift interference, settle in seven seconds and have a 98% reduction in fees and then they can settle in gold. These are the Asian countries and together they have a population twice as large as the United States, over 700 million people. These are also some of the fastest growing consumer markets in the world with a fast growing middle class in this group of countries is now China’s largest trading partner by far, way ahead of the European Union and the United States. So their largest frickin rush to destroy ourselves.

We’re stupid in what we’re doing. Well China is two steps ahead of us. They see what’s happening, they understand what is happening. That is why they are selling treasuries. They are now number three. They used to be number one, Number two is the UK now two broke countries buying each other’s debt. It’s two drunk guys standing against each other so they don’t fall over. And number three is China rapidly becoming less so? All of the countries that used to buy our treasuries are no longer buying treasuries and they’re buying commodities. This is exactly why you are seeing them.

Have to come up with stablecoin deals out of nowhere, little by little, and bang, it’s everywhere. And every company, including JP Morgan, who laughed about it, is now issuing stablecoins because every stable coin will support the treasury market on the front end. Why are we bringing back billions and billions and billions and billions and billions and billions and billions worth of gold? It’s the only way to back the back end of the treasury with zero interest rates. Well, they have a plan. Maybe, but I think we’re kind of back. Yeah, it’s a hail Mary. We’re kind of backed in the corner.

You know, there’s a lot of people saying we got to get out of the system and don’t. The only way to retire really protect yourself out of the system right now is gold and silver, if you really are looking for that. And I mean, we’re going to keep talking about this. If 99 of the contracts coming back are now our hundred percent are going in and never seen that before, by the way, Swing into gold. That. I mean, that’s incredible. You’re saying that I’m like, oh, geez, I gotta buy some more. That’s gonna. Well, honestly, that’s kind of where I’m thinking.

I’m like, oh, man. And just so you understand that. Go ahead. If I’m a producer of gold or I’m a precious metals company, if I have. If I have 5,000 ounces of gold in my warehouse and the price of gold goes down a hundred dollars, I’m out $500,000. So I hedge it. I sell on COMEX. I use a contract to offset my risk. One goes up, one goes down. It allows me to be market neutral. I’ll sell 5,000 on COMEX, though. If the price goes down, what I sold short goes up, my inventory goes down. I’m market neutral.

I have no intention of standing for delivery. A producer who’s producing gold will sell his future production out into the marketplace at a price that he’s happy with. He’s not intending to take delivery of the contract. He’s selling his metal. In other words, he’s selling short. He’s selling something he has coming out of the ground. And so the other entity. Normally these are Just being done to offset risk. No one’s going to stand for delivery on the contract itself. It’s just been done either to speculate, make money or to hedge risk on one side or the other.

Not to stand for delivery. The delivery option, which is kind of something no one ever even realized. Well yeah, we can do it I guess. Now everyone’s doing it. And 100% delivery ratio in three days to the tune of $7 billion. I mean it’s just not. And then not only that, most of it’s leaving the comex too. It’s not just staying inside the come ecosystem. It’s never happened. Where is it going? Yeah, never ever. So okay, on that note, people can if they’re interested in getting some for themselves, which is a really smart idea. You buy from somebody that you can trust.

You can go to sarah westall.com Miles Franklin and fill out that form. Get our price sheet and get your price sheet which is the best in the country. You and if, if, if you see it. Yeah. If you see a higher price or lower price elsewhere, these. The sheet that we do it for specific reasons is not updated every day. Let us know. More often than not we’re going to beat every price in the country or come real damn close to it. And you know we are in the state of Minnesota, the only state that licenses requires licensing and bonding.

We’ve never had a complaint, but we are. Most companies won’t do business in Minnesota because of the requirements. It’s the safest transaction. We have the best reputation. No customer complaint in 36 years and 12 billion plus in sales. And we’re licensed and bonded and that is very unusual in a federally non regulated industry. To me trust and licensing and bonding in this case means that you cannot work with a safer company in this industry and I will make sure of that. If they come from you, they will be treated with kid gloves. So keep in mind if you see a price lower, let us know.

We’ll do the best we can. Typically we can, but nonetheless it will be as competitive as anywhere and you won’t have to worry about any issues or problems. And if there are any problems, we are very good at addressing them and making them right. Well, considering how many scammed IRAs you want someone that you can trust and that gives you really good prices. I mean as a business person, that’s what you’re looking for. Okay, thank you so much. Until next time. There. You’re the greatest. Yep, I’ll see you next week. You stay well and thanks for having me.

It’s. It’s always nice to be here, Sa.
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