Read the Signs: Are We Already Operating in a New Financial System? w/ Andy Schectman

➡ The Shanghai Cooperation Organization, including Russia, India, and China, represents a significant portion of the global population, GDP, and land area. These countries have grown wealthy and are securing deals in areas like energy, not using US dollars. There’s a warning about scam gold IRAs and the importance of working with a trusted company in the precious metals space. The article also discusses the potential for silver and gold prices to rise, the economic reset, and the possibility of war. It ends with a discussion about the decreasing desire to hold US Treasuries and a propaganda war against the United States.
➡ The article discusses the influence of a few large companies on media in the U.S., creating a skewed perception of reality. It highlights the discrepancy between the portrayal of the economy by left-leaning media and the actual economic situation, including job revisions and inflation rates. The article also delves into the role of the Federal Reserve, its ownership by wealthy elites, and its potential impact on global financial stability. Lastly, it suggests that the U.S. losing its dollar reserve status could be part of a larger plan to encourage countries to trade in their own currencies.
➡ The text discusses the potential decrease in our standard of living due to the decline of manufacturing and the rise of AI. It suggests that to improve the situation, we should bring back manufacturing and revalue gold to devalue the dollar. The text also mentions the possibility of introducing a universal basic income to help during a period of high living costs. It warns that low interest rates could lead to inflated asset prices, making them unaffordable for average people, and suggests that higher rates could correct this.
➡ This text discusses the shift in global economic power, with countries like Russia, India, and China becoming wealthier and more influential. These countries are forming strong alliances and moving away from using the US dollar for trade, instead using their own currencies and settling imbalances in gold. This shift is facilitated by new systems like the Shanghai Metals Exchange and the Belt Road, which cover a large portion of the global population and GDP. The text also debates the future role of gold and cryptocurrencies in this changing economic landscape.
➡ The article discusses a credibility crisis due to lack of trust in the financial system, suggesting a need for transparency and redeemability. It criticizes the current focus on becoming influencers rather than pursuing careers in engineering or computer science, as seen in China. The author argues for the return of manufacturing and the shedding of the reserve status to grow out of the problem. The article ends with a warning about the future if these changes are not made.
➡ Martin Armstrong predicts that Shanghai will soon become the global financial hub, shifting the focus from the US. This could lead to trouble for the US, which doesn’t produce much and relies heavily on its financial sector. The speaker suggests that the US should return to its roots of manufacturing and innovation, and warns against saving in dollars due to the potential devaluation of the currency. The speaker also emphasizes the importance of cooperation and partnerships with other countries, rather than focusing solely on politics.
➡ The article discusses the potential for a financial reset due to the increasing demand for silver and gold, which are now considered critical minerals. It suggests that the suppression of silver prices by Western banks is ending, as countries around the world are buying and stockpiling these metals. The article also mentions the possibility of a dangerous year ahead due to global turmoil and the potential for war. It concludes by advising people to consider investing in these metals instead of saving in dollars, as the value of the dollar may decrease.
➡ Wealthy people keep their money in assets, not dollars, because assets increase in value over time while the value of dollars decreases. This is a lesson everyone should learn: don’t keep your wealth in dollars, but instead buy tangible assets that you can own. This way, you can protect your wealth just like the richest people in the world do. Trustworthy companies can help you do this by offering services like buying gold and silver.

If you look at, you know, the meeting that we just had, the Shanghai Cooperation Organization meeting, where Russia was there, India was there, China was there, amongst other companies, just the Shanghai Cooperation Organization alone. And I mentioned that a lot when we talk about the BRICs, because they’re very well connected. They represent 41% of global population, 34% of GDP globally, 25% of the land area of the whole world. So these countries are becoming very formidable. They’ve become very wealthy, their middle class has expanded. They’re not third world countries anymore like China and India were not too many years ago.

They have become formidable to say the least. And they’re securing deals. Not only are they securing deals in things like energy for a very long time, but they’re not going to be paid in US dollars. And that’s part of this whole new system that we see emanating from China. Just a quick break from the program. I need to share with you an urgent manner about scam gold IRAs and the important need to make sure that you’re working with a trusted company in the precious metals space. I have had hundreds of people come to me now where they have lost 50, 60, 70% of their life saving in these scam gold IRAs.

We are having nearly 100% success rate getting their money back. If you have put your life savings into a gold ira, I implore you to look and see if you have been scammed. Don’t trust the company that sold it to you. Make sure you understand what you can get as a buyback value for the gold or silver that you have in your ira. If you have noticed a significant drop in what you invested, you have more than likely been scammed. We can help you and there’s no shame. Go to sarah westall.com Miles Franklin, fill out that form and we will help you get your life savings back.

Welcome to business Game changers. I’m Sarah Westall. I have Andy Shackman back for the Friday night review. We’re going to be talking about silver being the Achilles heel. It’s incredible how much silver has been held down. Is it possible for them to hold it down any longer? I mean, honestly, they’ve been doing it for decades now and we’re going to talk about that. But the rest of the world is catching on to that and why it’s breaking loose. Also, Goldman Sachs came out and said gold is going to become going to 5,000. It’s at like 3,500 now.

So that’s interesting. A lot of people are saying it’s going to go to 10,000. But think about it, if it goes to 5,000, it’s not that much of a stretch for it to double again, right? It seems like so much 10,000 goals, how crazy is that? But doubling, it was 2,000 not that long ago. So now if it goes to 4000, that’s a double goes to 5000. Doubling is very possible. This is another one of these conversations I’m being told from everybody around, my sources and also my own research that there’s fundamental change going on which we’re all seeing, but most of it is being driven by this economic development, this economic reset that we’re having.

It’s 2025 is one of the most dangerous times probably going into 2026. We know that Martin Armstrong is all his Socrates program is pointing, all the economic data is pointing to war. This is going to be the top subject over the next year. We’re going to keep having a weekly topic on economic change and what’s happening in the markets. I hope you stick with us and tune in every Friday night if you are interested in getting silver and gold as we talk about today, you should be buying from a company that you trust. And I think Miles Franklin has proven their trust.

They’re not scamming people like so many other companies that are out there. Go to sarawesthall.com Miles Franklin fill out that form and you will get access to their private price list which they do not publicize publicly because it’s just too good. It hurts them and everybody if it’s out there publicly. But you will get access to it. Okay, Sarah Wessel.com Miles Franklin okay, we’re going to get into our Friday night review with Andy Schectman. Hi, Andy. Welcome back to the show. Sarah, good to see you. Thanks for having me. Well, it’s our Friday night economic review.

What we’re seeing globally is the headlines globally in other countries are people in our country don’t get to see what other countries are talking about. And what is happening in headlines around the world is the growing demand or increase of trying to figure out how to get out from underneath the dollar, ditching the dollar. And you know, with my sources, the growing animosity towards the United States. It is a propaganda war in other countries where they’re specifically putting out propaganda that is anti us in conjunction with trying to get out of the dollar that’s happening in other countries.

And it’s a purposeful. That’s part of the war that we’re in. Yeah, 100%, the gross mismanagement of our fiscal house, our silly monetary policy, our sanctions, and our ruling the world with a stick, putting 50% tariffs on India. Silly as that may seem to the folks in India, Trump seems to think it’s a good idea. And you can see it’s just pushing MODI right into the hands of China and into Russia. You know, Trump claims that we’re the largest trading partner for India. Maybe that’s true. But when you look at their global GDP numbers, it only represents about 3% of their GDP.

Buying cheap oil from Russia is far more beneficial to India than it is trading with the US as, as hard as that is for a lot of people to believe, it’s the truth. And I think that this is beginning to have ramifications. The world is pushing back. The world is pushing back against the United States and that comes in the form of lack of treasury demand. And this is just beginning. As far as I’m concerned. You’re going to see a whole lot more of this, especially as it’s becoming very, very obvious that we will lower rates once again.

So we don’t have our monetary or our fiscal house in order. We’re going the world in imposing sanctions and or tariffs even on our friends and allies like India. And then we are now going back to the inflation well by lowering rates now into, mind you, a very soft economy where the unemployment numbers continue to be revalued or readjusted rather downward. This is a very, very, I think, fragile time and I would expect to see more pushb around the world. Why would anyone, why would anyone want to continue to hold our US Treasuries when our US Treasuries are in essence paying under the rate of inflation.

And you know, you look at this year as an example. The 10 year treasury, which pays 4.5% or even a little bit less, is up about just over 2.5% 7 eight months into the year. But the dollar’s down 11% and this is a trend that we would expect to continue. You look at Trump’s agenda or Steven Mirren, who has taken over for the vacated spot out of the Fed, he’s the author of the Mar A Lago accord. Both of them are really pushing for a weak dollar and low interest rates. This is the whole idea of trying to synthetically find demand for the US Treasury.

But it’s as if they continue to believe that everything is the same as it was years and years ago, maybe even decades ago, where the United States was revered, where countries wanted to hold our Treasuries where countries wanted to hold our dollars. And quite frankly we are witnessing the opposite of that. In fact, it’s the lowest amount of central bank holdings of US Dollars in a very, very, very long time. It’s continuing to fall off. So central banks don’t want to hold our dollars. They certainly don’t want to hold our Treasuries. It game right now. And now you’re going to have the Fed come in and cut interest rates.

Might help the markets in a very, very short, you know, a very, very short time frame. But ultimately it’s very bad for the dollar, it’s very bad for most people as I believe inflation will be reignited. And I think going into the end of the year, not only will you see greater inflation, you’re going to see higher interest rates as the rest of the world pushes back against holding our, our bonds. And quite frankly I would too if I were them. Well, but there’s also a propaganda war against the United States being funded. I don’t know exactly who’s funding it, but it’s a coordinated effort.

When you like, I have people in Ireland and the UK and Europe, they’re like, Sarah, you would not believe the media and the negative, the way they put the United States in a negative light. You know, what’s going on in Israel is not cool. And we are being pinned, all that stuff that’s happening in Israel is being pinned on us worldwide. And the propaganda against us is whether it’s true or not is incredibly damaging. Well, that’s what propaganda is. I mean, I don’t know what it is around the world, but in the United States, every magazine, radio station, newspaper and television station, they’re all owned by three or four companies of the information that is coordinated.

You look at the difference between the media, the left media and anything that’s a little bit more right leaning like Fox and it’s night and day. The way that they portray stories, they create a perception of reality. And this is why I say all the time that I know a lot of very, very smart, well read people. They just read the wrong stuff. And in reading the wrong stuff you have a picture of reality that that is very, very slanted. It’s far easier I think these days to create that type of propaganda, to create that illusion with the coordination of all of the media.

And you know, like for example, just the fact that so many people think we have a strong economy yet 451,000 jobs were revised out of just May and June alone. And our CPI has stayed above 2% for 53 straight months. So when you talk about how bad it yet the left leaning media will tell you everything is great. Instead of exposing the Bureau of Labor statistics for revaluing 461,000 jobs three months later. Incompetence. Right. I mean that’s, you can’t be that bad. Well, and that’s right. Well look at the way the markets reacted when those numbers came out.

Stocks went way up, precious metals came way down. Policy is made on these types of numbers. And then quietly three months later they revise it. Now the rumor is is that between 5 and 800,000 jobs will be revalued for July and August which will give impetus to lowering rates as much as 50 basis points. Last time that this happened a few years back, gold took off and I would expect that to happen again. Well, that’s what Goldman Synax is saying, right? 5,000 they just came out with. Yes. And in particular what Goldman Sachs is really saying or hedging is that you have to have separation between church and state, meaning you have to have separation between the White House and the Federal Reserve.

And if the Federal Reserve will bend a knee at the whims of the President then you don’t have that check and balance and that the markets will lose faith in the dollar and in the treasury as they already are. It’s just adding fuel to the fire. But do you think, hold on, I got to push back a little bit about the Fed being independent from the President. I can understand independence. However, I don’t understand a Fed being owned by wealthy elites around the world and central banks. That’s not okay. Most people don’t know that though. Most people don’t know that the Fed is neither federal nor a reserve.

And most people think the Federal Reserve job is to come in and rescue the markets as they have for years and years and years. And now I just read an article talking about. Many of the banks around Europe are getting very concerned. In fact, they’re trying to pool dollar reserves because there’s somewhere in the neighborhood of. Oh gosh, I think the number is like I’m going to butcher this number because I just read it this morning too. Let’s just pretend it’s somewhere in the neighborhood of $75 trillion. And I think it’s less than that. Let’s say $35 trillion.

I don’t know why I can’. The number 35 trillion in global European, non United States debt in US dollars and there’s only about 7 trillion in US dollar reserves amongst all of these European central banks and they’re very concerned that the Fed won’t step in and provide relief or provide swap lines, provide the liquidity that will be needed if things go awry, like we did before when we passed out money all around the globe to these countries, needed dollars when things started to collapse. This is the whole crux of the dollar milkshake theory is that there’s so much demand for dollars because of all the indebtedness in dollars.

When you lend money, you’re creating future demand for the dollar because when you lend money in dollars around the globe, even a European bank can create a dollar based loan. And when that happens, you create future demand for the dollar because not only do you need to repay the, the loan back in dollars, but you need to repay back extra in terms of the interest. And so all of this debt that’s denominated in dollars at a period of time when there’s not enough dollar liquidity out there and not enough dollar demand, it’s starting to, you can see how this can very quickly spiral into a big problem.

And if the Fed doesn’t step in and help, these are the kind of things where, you know, very quickly you can see things spiral out of control across the globe if that doesn’t happen again. But you’re right, the Fed is owned by a bunch of very wealthy bankers around the world in very shadow, shadowy, who don’t really give a crap about the United States. No, they don’t. They don’t at all. In fact, there’s probably a good portion of them that would be very happy to see the United States be knocked off its pedestal as far as I’m concerned.

And a lot of people that I respect in particular named Tom Luongo says that this is kind of what Trump is trying to do in that he’s pushing back against the aristocrats, the old European bankers. The aristocrats who against them, who he believe? Yes. When you’re pushing back against the Fed, you’re pushing back against these families. Keep going. And he believes it was those families that created the color revolution in this country with the wokeness and the immigrations and the open borders that take us down, take us down along with, you know, the money that they are responsible, including the election interference.

He believes Tom Luongo is a very smart dude. I’ve had him on my show and he believes this very much so that the European central banks were behind this. Trump believes it and he’s pushing back. A lot of people think that’s why we’ve seen them in essence drain the lbma, the London Bullion Metals association, through all of these deliver into COMEX that were listed or explained away as well. It’s just to take advantage of arbitrage or the tariffs and everything will flow back there over time. I don’t believe that’s the case at all. In fact, I’m arguing that they brought all this back specifically for a reason to reshore it.

And the LBMA has the lowest amount of silver that they’ve had as a float in the history of the exchange. And at the same time, they’ve been eight week delivery delays instead of two days, which they’re supposed to be T1. So on the T+ one day to settle, on the third day your metal should be moving. They’ve been as delayed as eight weeks because they don’t have it. Even the head of the Japanese Commodity Exchange said that in London and in Switzerland they’re trading 3 million ounces of platinum a day. That’s a deliverable spot contract, but there’s none there.

So. So all of the deliveries out of London, a lot of people think Trump understood that this was the Achilles heel to the bank of England and that’s why they’ve been draining it to fight back against the European aristocrats and in particular the bank of England. I guess we’ll see. There’s a lot of. And I want to take it a step farther from him. Not only the color revolution and the election. I think they were behind Covid. I think they’re behind the World Health Organization, the World Economic Forum, because the World Economic Forum was clearly behind Covid.

And I think they’re behind the YouTube, Google worldwide domination. They’re the only ones with that kind of power to be able to do all of those things I’m talking about. Yeah, well, it could very well be that this is a very high level. But to Tom’s point, Trump recognizes it. And all of the things that we are seeing is specifically targeting. I can’t say that to be true or not, but what I will say is that a lot of the things that I think we see happening are happening not by mistake, but happening for real. Like if I’m right and Trump doesn’t want to retain the world reserve currency that he believes it is a hindrance to because of Triffin’s dilemma, to any hope of ever reshoring manufacturing, then a lot of the things that he is doing, like putting 50% tariffs on India, like putting huge tariffs on Mexico and Canada and Australia and the UK all of our allies.

It has been done specifically so that all these countries around the world will trade in local currencies. Okay, so if they’re all motivated to train, they’re all being incented to train in their own currencies. We lose, let’s say we lose the dollar reserve status, which all the reset models that I have seen, every single reset model I have seen makes it so that every country deals in their own currency and there isn’t a global reserve currency. It’s just. Yeah, that’s how it’s going to be in my opinion. I think so because everyone that I’ve seen, the multiple different models that I looked at, what do you think that does to our standard of living? Can we re the average person live better or are we going to see a decrease in our standard of living? Well, let’s go back and when we were a, it was an amazing benefit and we screwed the, we screwed it up because when we were the engine of growth and production and manufacturing and ran a surplus, it was a benefit for us subsequently.

Triffin’s dilemma says you’ll always run into this problem, that the world needs more dollars and we can give them through trade alone. So they need to sell their currency to buy our currency. Our currency goes up, theirs goes down. So over time, because there’s that discrepancy, your manufacturing goes to where it can be made cheapest, where corporate profits become exorbitant because of this savings. Huge savings in production. But we’ve hollowed out our manufacturing. We don’t make anything anymore. You throw AI onto it, which hollows out even more of white collar jobs and even some blue collar jobs.

You have 60% of the country with no college education. If we don’t make anything, we’re dead. And so it’s gotten to the point now where our standard of living is going to decrease. But how do you get it back? You bring back manufacturing. It’s the only way. How do you do that? You revalue the gold which devalues the dollar. You peg it to the bond market, the back end gold, make it redeemable in gold with a zero coupon. You use the stablecoin passage of the Genius act to create demand for short term treasuries to fund the daily workings of the government.

And with a devalued dollar, a higher price of gold pegged to redeemability in a 10, 30, 10, 20, 30, 50 year treasury. The 30 and the 50 may have a very small coupon. The others 5, 10, 20 and wouldn’t they would have a no coupon but redeemability and gold that allows you to bring back your manufacturing at virtually no borrowing cost. And to with a devalued dollar, sell your products to the world. You grow yourself out. Now there will be a period of time, Sarah, we talked about this before where I think they have to bring in universal basic income because it will be very bad because the cost of living will get exorbitant.

Look, there’s no way around this. We have 200 trillion in debt. How do you pay it off in an environment where the world is forsaking our Treasuries, selling them, which pushes rates up and when rates go up, everything implodes. So by holding it down, by finding synthetic ways of holding it down, it’s an illusion and it’s a stopgap and ultimately leads to the same place. We’ve gotten to a place where, where you can’t normalize your balance sheet, meaning austerity without interest rates going up and everyone freaking out. And when rates go up, stocks, bonds, real estate, the banks and the insurance companies go poof.

So what do you do by pushing rates down like he’s talking about? First of all, they can only push rates down on the short end of the market. The very, very overnight lending rate the government pays in order to push rates down on the back end of the market. You have to have demand for it and if no one else is buying it, well then who buys, creates money out of thin air and buys it. That’s monetization. That leads to Weimar Republic, that’s hyperinflation. We’re at that point now where there are very few alternatives. So that’s why I think they’re going to do this.

We are moving towards a third world country kind of status where we have really wealthy elite and then we have everybody else that’s poor because our middle class totally being decimated. So I think that we are going to like you said, go through that sludge. The, the, the elites won’t make as much money country in either. Everybody will suffer. But if they bring back the middle class, there’ll be more people over time. There’ll be more people with some wealth. The elites won’t have that extreme difference. So they will make less I think and I don’t think that’s a bad thing.

But we won’t over time. Poor. Yeah, over time. But I agree with you. I think the universal bank basic income which I, I am with, so I was on Twitter fights with people saying how bad it is and I Still think it’s really bad, but I think how bad it is, the alternative might be worse. I mean, I literally, for me, saying that after being so against it says a lot because I’m still against it. Except I’m against the other situation even more because it’s so bad. When people wake up to no welfare checks or food stamps, there’ll be, you know, chaos.

As, as someone, what’s his name, Gerald Celente, says, when people lose everything, they lose it. But at first, the lower rates because of the Cantillon effect will benefit the top 1% as their asset prices remain inflated, which locks out the average person from homes and investments. Higher rates is what would correct valuations, making assets more affordable for regular people, but would hurt the portfolios of the wealthy because these low rates make everything more expensive and make them more affordable. It seems counterintuitive. It seems counterintuitive, but it’s not. Think of your house. That’s the best way to do it.

If your house before any of this happened. So let’s just say we’ve been. It’s 1999. Let’s say it’s 2010 and everything is relatively normal. And you could have 3% interest rates, rates or 13% interest rates. Well, the higher the interest rate, the lower the price of your home goes because there’s fewer and fewer and fewer people that can afford it. So the laws of supply and demand come in balance. If you jack rates way down to 3% now everyone can afford it because money’s cheap. So now there’s more demand and the supply starts to fall. So, so, you know, that’s why it works that way.

Because the cost of money, if money’s really cheap, everyone can afford it. And everyone understands in this country that debt is our birthright. For some reason, we’ve been fooled into believing debt is a good thing. I’ll give you an example. I have zero debt. By the grace of God, after 36 years in this industry, I’ve been able to pay everything off. I have no debt. And my credit score keeps going down because I have no debt. I know that sucks. You have to have. You have supposed to have debt and pay it off. We are being indoctrinated and this falls right into the hands of the wealthy European bankers who established this system.

Debt slavery, servitude. They want us in debt and so, you know, they lower rates. Well, I can afford that nicer car and I can just do 72 months, you know, 0% interest and I can buy a bigger house and you know what, maybe we’ll expand our business and buy another building. Yeah, we’ll have to take out another mortgage. But this is what they want. When rates are high, no one can afford it. So asset prices come down because there’s no demand for it. That is counterintuitive until you look at it that way. But this is exactly what ultimately lowering rates is going to do.

It’s not going to make home prices more affordable for first time home buyers. It’ll be the opposite of that. Rates will go down, house prices will go up because more people will be able to borrow money money and purchase it, which means there’s less supply. It would be the higher interest rates that would drop asset prices, including real estate, way down. Well, let’s talk about the some of the trade deals that are happening. China and Russia just went into a 30 year energy deal where China, they’re going to build a new pipeline, I think it’s through Mongolia.

And they’re going to supply China with cheap oil will for 30 years. They are strengthening their relationships. Meanwhile we are in a war with them. What does that mean to us? 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 Kaiser and we went through all the benefits of 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 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 Right recommends doing one capsule a day until your body gets used to it. You might not see the same level of results 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%. It just simply means this accelerates de dollarization and it is cementing relationships. If you look at, you know, the meeting that we just had, the Shanghai Cooperation Organization meeting, where Russia was there, India was there, China was there, amongst other companies, just the Shanghai Cooperation Organization alone.

And I mentioned that a lot when we talk about the BRICs, because they’re very well connected. They represent 41% of global population, 34% of GDP globally, 25% of the land area of the whole world. So these countries are becoming very formidable. They’ve become very wealthy, their middle class has expanded. They’re not third world countries anymore like China and India were not too many years ago. They have become formidable to say the least. And they’re securing deals. Not only are they securing deals in things like energy for a very long time, but they’re not going to be paid in US dollars.

And that’s part of this whole new system that we see emanating originating from China, where they’re internationalizing the yuan. And then the Shanghai Metals Exchange has started building vaults in other countries. They just built one in Hong Kong, that is done. They’re building one in Saudi Arabia right now. And they’ll build them all through the Belt Road. Well, the Belt road alone is 75% of human population, 50% of global GDP. And they will then, in essence, to your point earlier, they will trade in local currencies. So China will buy oil from Saudi Arabia. They’ll pay for it in the yuan, and that yuan is immediately convertible into gold on the Shanghai Exchange in Hong Kong and deliverable.

And so now that means you don’t have to convert to dollars first. So any of this trade back and forth will be with digital ruble, digital yuan, digital, real digital rupee, and imbalances will be settled in gold. And what that does is the continued sett settlement outside the dollar chips away little by little by little by little by little at the settlement status of the dollar. And then the big one is that all of these global reserves used to go into Treasuries, which kept interest rates low, asset prices high, and the goods we buy at Walmart cheap.

Now I don’t want Treasuries because not only have they underperformed where last year the 10 year was up 4%. Gold was up 40. This year the 10 year is up 2.5% so far. Dollar’s down 11. Negative 8.5%. Gold’s up 40. That’s a 50% difference over almost 60% difference. So the point of it is that the rest of the world is now not buying treasuries or putting their money into Treasuries with their reserves or putting it into gold. Because gold will be the de facto settlement settlement vehicle. Not a common currency, but a settlement vehicle for all of these nations who want to do business opposite the dollar and the new trade platform, the bridge platform, as we’ve talked about.

This is where it gets very interesting. The bridge platform, which used to be Mbridge but because the BIS pulled out at the 12th hour, they call it the bridge or the renminbi cross border payment system system allows these countries privately, without swift interference or swift knowledge to trade in seven seconds for a 98% reduction in fees. Where the dollar and the euro and the pound and the swift system is not compatible with it. It’s expensive too. It takes a long time. It’s expensive and takes a long time. You’re right. So now they trade with each other like that and they settle in balances in gold and if they don’t want to hold the currency currency, they take the gold and don’t convert to dollars first.

Well, that’s why companies like Remitly and some of these trade companies that are US based, those are important strategic advantage for our country if we utilize them properly. Yeah, well, I think just about anything right now that gives an alternative to the old system is important because the old system is dying right here in front of us. Well, okay, I would argue with the passage of the Genius act that we’re into a new monetary system. We are, we are creating synthetic demand for treasuries. Yes. Okay, well, let’s, let’s talk about there’s some pushback or not push.

It’s different opinions. You know, gold was reevaluated as a tier one asset putting on the par with the dollar. So we got to keep that in the backdrop. But people are saying that cryptos are going to take over and it’s not going to be gold in the long run. It’s going to be, be. Crypto is backed by a variety, a basket of assets. And what is your opinion of that? I would think gold is part of those assets. What is your opinion when people say gold is not? What isn’t the future? It’s critical. I disagree I want to hear your opinion.

I mean you could see gold backed stable coins I guess in essence. But I disagree. The central banks would say just by their very actions that would say it’s not true. The tier one by re evaluating gold as a tier one asset and it makes it is the point. Their action shows that it’s not true. Not only that their accumulation, they’re buying it hand over fist and then repatriating it from the bank of England, the New York Fed, they’re taking delivery off of it, off of the exchanges. So no, I don’t think that is the case.

And when you talk about a basket of commodities, you have issues there. Who audits it? How do you maintain the integrity of a basket of commodities? Or you know, when you talk about assets. Yeah, I mean, well, I mean and that basket valuation change continuously. They’re trying to say it’s the assets of the country that you’re part of. But the other thing that I’m hearing, how do you deliver it? How do you deliver those assets? I mean it’s, that’s, that’s, these are the questions that I think are going to be worked out and what does that mean? And then there’s also a floating idea that, that as they go into the US Mint and they realize the gold’s not there, which is fairly known.

I mean I could be wrong but it’s pretty widely thought that it’s not there. There’s going to be some unrest and part of this repatriating and getting gold is to deal with that situation. What are your thoughts on that? It could very well be. But you know, also you look at anything that I’ve seen floated that has legitimacy like the U.S. you know we talked about the Unit which is what? Delma Rusoff, the head of the New Development bank, the BRICS New Development bank, she’s the former President of Brazil, she said we’ve agreed in principle to a new settlement currency, not a common but a settlement currency called the unit which is 60% basket of local currencies, 40% gold backed, deliverable upon redemption request.

I think the key to any asset backed token or currency is the ability for redeemability. You can’t ignore this as 40% gold, bottom line. No you can’t. And redeemable was part of the whole thing. So now they’re just, see now they’ve put the Unit on hold because I don’t think they want to continue to piss off Trump. And so instead they’re saying they’re letting the Chinese take the Lead calling it internationalizing the yuan. But at the same time, the Shanghai exchange says we’ve just now implemented a yuan for gold gold swap program where you don’t need to swap into dollars first, you go right into gold from the yuan.

And so in essence what they are doing is creating, it’s almost as if the currency is backed by gold, although it’s not, it’s redeemable in gold. In essence, right now it’s the same thing. And so all of these countries that will trade outside the swift 7 seconds, 98% reduction in fees without SWIFT or Western interference or threat threatens, threatening sanctions, they can just do it like that and switch to gold and take physical possession. That’s the key is can you take physical possession? You know, when I’ve talked about this before, the one question I get about all of these vaults is who’s going to audit them? Well, exactly, that’s the point.

It has to be audited. And that’s the whole concept of distributed ledger. But also validating the distributed ledger portion of it, but the ability to take possession of, of it is what gives the credibility. Well, it doesn’t. Here’s the deal. We have a credibility crisis because nobody, very few people believe there’s gold in the mint. And like you said, who’s going to audit it? Well, they’ve created, if that’s the case and we don’t know one way or the other because it hasn’t been audited and been publicly available, they could just make crap up, make up whatever they want.

And that’s what the rest of the world is having an issue with. Of course. And that would be the whole point of you make a system that is going to challenge the dollar, it has to be transparent and it has to be universal. And gold is, I think both. And if you have a distributed ledger or a blockchain that does constant auditing of it the way that they do, and have third party independent auditors validate and verify with the ability, you know what I want, want to take possession. See, this won’t be for the average person, right? That’s like BRICS Pay, which is B2B.

You can’t take possession of gold, but a central bank sure as hell can. And so if a central bank says, you know, I’m going to settle the imbalance in gold, I want it. And the minute something goes wrong, that whole system goes to hell. And so I think that if they’re going to do this, you know, people’s pushback is, well, who trusts China and Russia? Great who trusts us anymore. And so the whole thing is who trusts anybody? Who trusts essential bankers? Who trusts anyone? Anybody, Nobody. And that’s why redeemability has to be at the heart of any, the root of any new system.

Transparency a la the blockchain. Redeemability at the highest level, which creates the veracity and which creates the trust. And that’s the sad part of all of this, is we’ve squandered the trust. We’re not trusted anymore. And then we, we, you know, if there’s any indictment of President Trump, who I’m a fan of and would vote for again, it’s that he’s overplaying his hand comparison to anything we had before. I mean, what we had before was so it’s not even close. I was afraid, I was afraid for my children’s future when Kamala was, you know, the prospect of her running this country.

If she took over the country, I mean, she just represents a continuation of Biden and all that of kind crap. If she took over the country, that’s the, the continuation of the purposeful destruction of the United States. It’s better to have somebody in there that’s actually trying, that actually wants to make us better than even if you disagree with them on 50% of what they do, at least they’re trying to make us better than to have somebody in there that purposely is doing the bidding of destroying our country. Yeah. And you know, just so you know, President Modi came out and said that he will not trade long term interests for short term appeasement of President Trump.

He is saying his long term interest is his relationship and the cheap gas that they’re getting from Russia and they’re deepening ties with them in defense and in energy and in security and they’ll continue to buy their oil. And then we would talk about the way things are moving, the way the country look at the future. Right now I read an interesting article that in China, starting immediately there is mandatory in elementary school, mandatory all the way through high school, mandatory AI education from primary school on up to build a national AI talent pipeline. And so when you talk about the way these countries are moving, it’s funny.

They’re incentivizing kids to be, be, you know, understand computer science, understand engineering. Yes. This is what I tell people. It’s true. It is, it’s true. And you know what? Do you know what the number one aspiration is? Over almost 50% of Gen Zers were asked what would your perfect job be? Do you know what it is? Influencer it’s you. It’s an influencer. It’s. That’s what it is. That’s stupid. Yes. And so they want to be influencers. And my kids are. China is pushing their kids to be engineers. I push my kids to be engineers. That’s what they are.

And I didn’t encourage, I didn’t encourage them to be an influencer. I encourage them to be engineers. And the conference presentations that I give, I talk about how we have almost no one in Congress. We have one computer scientist in the Senate, zero in the Congress. Congress. We have two electrical engineers in the Senate. I don’t think we have any in, in Congress. We have like 15 medical doctors, which is actually not bad. And we, we just, we have all lawyers. We have. That’s why with the world going towards AI and going to all this advanced stuff, which most of it is happening in computer science and electrical engineering in that realm, and we got nobody that understands, whereas we got China.

It’s funny that you say that. Yeah, then we get China. Yeah, and then we get China. I’ve been talking about, I’ve been showing people the data and then we get China, who is not only gets it, they’re really pushing it through kindergarten, through high school. That’s in that they fundamentally get it. And that’s what I’m trying to tell people. And we can get our freedom back by getting it because then we look at the actual algorithms, we look at things. We have people who get it it. And we, we just don’t anymore. I mean, and you can tell people don’t, like, when I start talking, they glaze over and they pass over me.

They’d rather talk to influencers. They don’t, you know, like, I don’t get a lot of opportunities to talk at conferences and stuff because I’m talking about this. And this is what we need to be talking about. Right? Well, and it’s very evident. And you know, we, if we have no manufacturer. When kids don’t want to work hard and they want to become. I’m not saying that being an influencer isn’t hard work. It is. I mean, I study my ass off. I know you do, too. But the point of it is if they don’t want to take the work to become an engineer or a rocket scientist or an astronaut or any of the things that these Chinese kids are doing, and we don’t manufacture anything anymore, and we’re massively indebted and it’s increasing and they’re going to try and lower rates, which is only Going to make inflation worse.

Do you see how this is going to a very bad place? Well, it’s really bad. But. But we aren’t. We aren’t influencers first. Andy, you’re a business owner first. You’re a finance guy first. I was an engineer first. That we didn’t start like this. We’re just. This is true. This is true to this. This is true. Fair enough. I’m glad to say that. Go ahead. I had to correct it. No, I’m glad you say that. No, yeah, it is, it is. And I think of trying to start a gold company now like I did 36 years ago before the intern Internet.

And I can’t believe that I pulled it off. I really can’t. But this is the point. You know, the amount of effort you had to put into your career to get to where you are. I just don’t know if people’s intention or aspiration is to be an influencer. I think this country is in very big trouble. So these types of drastic actions have to happen. We have to lose the reserve standard, we have to bring back manufacturing, or we’re in trouble. And maybe at the heart of everything he is doing is this. And as unconventional and crazy as it feels and sounds, we’re at that point where things like this need to be done.

And I would expect it to become a very interesting second half of the year when you see Goldman Sachs saying $5,000 if just a tiny percentage of people pull out of Treasuries and move into, into, into gold, you know, I mean, what does that really say? A lot of the stuff that I hear, and I believe if they are going to revalue gold sometime into next summer, that they would want to let it rise first and get as close to the number before they revalue it. You know, so if it, if it got to 5,6000 by next summer, I’m not saying it’s going to, but if it did, it would be a lot easier to revalue it to 10,000 than it would be from 3,500.

So maybe that is what they’re trying to do, that all of these very provocative, unconventional things that we see coming out of the White House are done specifically to shed the reserve status. And without admitting that that’s really what we want to do, to give us a leg up on growing our way out of the problem. And we don’t grow our way out until we bring back manufacturing. Manufacturing. It’s a few steps before we get there. But I mean, you’re right. If we don’t. If we don’t, I think within less, by the time our kids are full grown, the opportunities in this country will be very few and far between.

And the dominance, as Martin Armstrong says, who you’ve had on your show, he’ll tell you, I don’t know if he said it on your show. He said on mine that his computer model says within just a few years that Shanghai will be the epicenter of finance on the globe, that everything is moving towards China. I didn’t say that. He did. And if that’s the case, what do we have if we are not the epicenter of global finance anymore? We’re not, you know, we don’t make anything. We’re in big trouble. So I think maybe it’s the realization that this stuff has gotten to the point where if we don’t take these very unconventional steps towards going back to our roots of manufacturing and ingenuity, then we’re in trouble.

So, yeah, I think the moral of the story is you save in dollars, you’re dead, period. You’re going to lose everything. You’re going to go broke. You do not want to save in dollars, period. And so whether it’s cryptos to the crypto crowd or precious metals to the hard assets asset community, it doesn’t matter. You just want something that isn’t in US Dollars because I believe they’re going to sacrifice the dollar in order to hopefully bring back manufacturing and sell it. You want a very weak dollar to sell your goods. And if we really are as creative, fundamentally, and intuitive and with our backs against the wall, we’ve proven we can do it, then you definitely want a week down and you definitely want very low interest rates on the back end of the bond market in order to achieve bringing back and building new manufacturing capacity.

It’s going to take a few years to get there, but it does give a platform by which we can actually maybe see the light at the end of the tunnel. But it could be a generation away before we even get close to working our way through this. Got to start somewhere. We do have to start somewhere. And if we don’t start somewhere, we’re going to be forced to start somewhere. So. So, and I’d rather start somewhere where we are acknowledging it and, and where we have some ability to control it versus being forced to do it, because then we’re in a weaker spot.

And you know what the whole concept of the, the Shanghai Cooperation Organization meeting was? The whole stated goal was to stress partnership, not rivalries. And so all of These countries are stressing cooperation. The name of it, the Shanghai Cooperation Organization and partnerships, including Russia and China, where Modi and Xi Jinping met and discussed border issues and cooperation and where Modi comes to China for the first time in six years and the strategic alliances. And we’re doing the opposite of, of that even to our, even to our allies like India. And so. Well, one thing that General Galilee said, he came on my program and he didn’t, people didn’t like listening to it, but he said we got to stop looking at everything from a political prism.

We got to look at it from a reality prism. And that’s doing these negotiations, that’s doing these partnerships and deals, and everything isn’t war, everything isn’t politics. We have to get a hell of a lot smarter because we’re, we’re, I think it’s a luxury of being wealthy that that’s our prism because the, the other countries can’t afford to think that way. Well, some of them are, are being able to now. Some of them, most of them can’t. But, but you’re right, I mean it. And I think the reality, it’s beyond politics. Look, that’s my point, and even Trump.

But the previous administration made it all about politics. This one does, too, because one was inept and was being ruled by whoever with a shadow government were making the decisions because the goofball couldn’t even walk across the stage. And this one’s the antithesis of that, where he’s making it very much. He’s the central focus of it. But the reality of it is the math. The math of it says we’re dead in the world water. And that’s the most important part. A trillion seconds ago was 31,688 years ago. We’re creating 3 trillion a year in debt. We are 200 trillion in debt.

We’re spending a trillion every hundred days. These are numbers that are unsustainable. That’s the reality of it. And the reality of it is we’re not revered and respected the way we once were. That is the reality of it. And instead of mending fences through cooperation and partnerships, we are doing the opposite. And so you have to ask yourself is this is the political side of it being done to achieve a goal, to address the reality, and that is we cannot afford to be the reserve currency anymore. Every day that we are creates a larger trade imbalance for us.

And you can’t bring manufacturing back at the way that all of the business is set up right now. You’ll bankrupt all these companies, companies, they are not set up to pay much higher wages for their manufacturing and much higher input and labor costs. They can’t do it. So things fundamentally have to change. And I think that’s where we’re going. And if I’m right, the absolute worst place to be is in dollars, period. You’re destined to go broke. Now that may not be the case for our grant kids. Well, yeah, what do you expect people to do? But instead of having a ton of, you have to have some dollars because otherwise you’re hosed.

But what do you expect, you know, because you can’t buy just basic groceries and stuff. But what should people do? Just have some gold, silver that you can cash in when you need food and extra, you know, when you need to pay extra bills or crypto. What do you, what do you suggest people do? I think you have, you keep, you keep enough cash for however many months you think you need. Six months of operating expenses, you keep the rest in assets. I don’t care if it’s Bitcoin or it’s XRP or it’s gold or it’s silver or it’s platinum, whatever it is.

The one thing about the metals and the cryptos is they’re liquid. You need liquidity to be able to do it. But just by leaving your money in dollars in six months, if you had a million dollars in gold and a million dollars in just since the beginning of the year, your million in cash is worth 890,000 purchasing power. Your million in gold is worth 1.4, 1.5 million. So that’s the difference. In just half a year, it’s going the complete opposite direction. Gold is up 40%, the dollar’s down 11. But this is a trend that will only accelerate.

And that’s look at Steven Mirren who is now on the Fed and he’s the architect of the mir a lago. Of course, a weaker dollar is what they want. This is just beginning. You could see the dollar go all the way down to 70 on the index. And if that happens, you’ll see gold and silver higher than you can imagine. But when you see companies like Goldman Sachs saying $5,000 and $4,000 by next year, no matter what. I mean, they have been selling this all the way up right now. And I would expect today to be a little bit of a pullback because the non farm payroll numbers come out tomorrow where they always try to paint the that in a certain way.

But right now, the futures, let’s look at the futures the silver market futures are down a bit at 4,129 and the gold futures are at 3,603. So if it goes up to 36, it goes up to 4,000 for sure. That’s a good 10%. That’s not. But if it goes up to 5,000 now you’re talking 30%. Yeah, well, and, and, but that’s short period. Yeah, it’s up that much the first half of the year. It is, yeah. And if you go up to 10,000 now you’re talking almost, you’re talking triple your money. Right. And a lot of people think that it will go that high or higher once it is revalued.

And revaluing gold. Remember the most important concept to remember when you talk about gold revaluation is that it’s not about revaluing gold per se. It is, but it’s about devaluing the dollar which is the whole idea behind being able to sell manufacturing goods. The pegging of gold at a much higher level to the treasury allows us to bring everything back with low interest rates. It allows us to keep the back end of the treasury market market cheap with low interest rates. Yes, you have to buy the gold or if you already have it, if the government has it, they just hold it.

They have to deliver it at some point. But all of the demand for those Treasuries won’t cost the government any borrowing costs. So if you have zero coupon on those bonds, redeemability and gold down the road, then all of that borrowing which will fund the ability to bring back manufacturing is at zero borrowing costs. Yes, they have to deliver the gold. So, so what if they really do have it and all of this reshoring is part of that, then that’s okay. The stable coin passage of the Genius act and all of the companies that will issue dollar based stablecoins, synthetic demand for the treasury instead of organic demand, that’s what funds the day to day of the government.

So now you have the ability to bring back manufacturing inexpensively, to sell it through a weak dollar. Everyone’s trading in their local currencies and maybe you got a way out where your GDP starts to really pop because you’re making things again and putting people back to work. And to me it’s the only way out. I see. Well let’s say gold goes to 5,000, silver would go to. If it’s at 40 it would follow, wouldn’t it? I mean if gold went to 10,000, silver would go to 120. Well look, the long term average between the two. The ratio for the last hundred plus years has been about 45 to 1.

70 to 1 is way higher than it should be. It’s coming out of the ground at 7 to 1. If we took 70 to 1 right now. Just take 3550 bucks divided by 70, it’s 50 bucks right now. Silver at bare minimum should be 50. At bare minimum, 70 to 1% higher right now. And that would still be higher than it should be. Roughly 20% higher than its average for the past hundred years and ten times higher than it’s coming out of the ground at. This is all a function of central bank suppression which is ending.

Why is it ending just this year alone in September? Let me just give you the September numbers. Just in September alone, okay, in September. 42 point. And this is just in the first few days of the September contract, which is not a delivery month for September. Some months are, some months aren’t. The ones that aren’t are typically quiet. They still take deliveries. But a primary delivery month, silver is not September. Remember, 42.1 million ounces or 1,308 tons, just in the first week or so of the September delivery has been delivered 42.1 million ounces. Now if any of you have ever held a mint box that’s 500 ounces and know how heavy it is, imagine holding 42 million ounces that came into Comex just this month for September delivery.

Who the hell’s doing this? Where is it going? I mean, who’s got the foresight to do this? In gold, it wasn’t as big, but 267,200 ounces or 8.3 tons. Who is bringing all of this metal into the United States? Do they know something we don’t? Now let me tell you the amount of sophistication it takes to do this. And wealth is extreme. The fact that no one on the mainstream is talking about it tells me that this is a much higher up strata where the people doing this are connected. They know what’s coming. They know what is coming.

As far as I’m concerned, you have silver right now with another 200 million ounce deficit for the fifth straight year where demand for military and AI and green energy is creating a permanent floor under the price of silver. Especially when you now inject into it reclassification as a critical mass mineral. These are places the US Government is telling you they’re going to stockpile it. They sold their strategic stockpile years ago. They have to go into the open market. To buy it, to make eagles. So this should tell you that the government is telling you we’re going to put a floor under the price of silver.

We need it. It’s now critical, by the way. Platinum is critical too. And the interesting thing is, if you look at the most shorted commodities in the history of the COMEX market, market number one is silver, number two is platinum, number three is gold. So there’s eight Western banks that for the past 20 years have been suppressing the crap out of silver. Number one, the largest concentrated short position in the history of the COMEX market. Silver. Can they do a flavor? Gold, can they do that? No. They could have. They could have. But now the rest of the world has caught on.

And the rest of the world is sophisticated and coordinated. They’re now doing things cooperatively. They’re motivated and they understand that this is the Achilles heel. But they do things in a manner whereby they’re not going to do it so fast that they blow up the markets and then they lose. They’ll do it just fast enough through continuous and repetitive delivery requests. These exchanges, these contracts have delivery mechanism that less than 1% ever stood for delivery, and now we’re seeing massive deliveries. That’s how you win. You win by taking delivery. And that’s what all of these countries are doing.

The sovereign wealth funds and the central banks. That’s what we’re doing now because we understand that they’re doing it. They could have done it forever. The only successful way to manipulate a market over time is to push it in the direction that it is going. And when you think of China, Russia and India and Saudi Arabia, all of these countries, Saudi Arabia has always been aligned with the West. And these other countries were not wealthy or sophisticated or coordinated or motivated to do this. India and China were third world most of our lives, and now all of a sudden, they’re wealthy, they’re coordinated, they get together and they say, this is happening.

Let’s drain the exchanges. And I say it over and over and over again. The grain exchange, the guy that’s behind it, the BRICS grain exchange, said we consume and produce more grain than they do in the West. But with the development of the BRICS grain exchange, that will change. They know what we’re doing with all the other commodities too. That’s why the Chinese bought the London Metals Exchange, the base of metals, all of the copper and the zinc and the lead. They’re buying everything that would be strategic for the future. So no, we can’t do it when there’s that much demand, that much wealth, that much coordination and standing for delivery.

Never happened before like this. It is now. It’s unfolding. So the suppression, Sarah, it’s coming to an end. You know what this year. And I’ve had many people tell me me this and I’ve had, you know, I like to talk to remote viewers and people who see, see things and like Dick Allgire. Yeah, I like those guys. I, you know, Daz Smith and those guys. I also have contacts all around the world, probably as you do. And people are telling me, and I’ve also had, you know, military people contacts and stuff. They’re telling me this year is not only a year of turmoil, which I, I know, I can feel it myself.

Our own research tells us that. But it is probably the most dangerous year probably in our lifetimes as far as what’s happening and what’s going on. Like it’s, it’s, there’s going to be a lot happening. And look at Martin Armstrong. I mean he says war, war, war. That yeah, it’s scary point Martin Armstrong. And I’m going to have him on, on a regular basis too because it is the, this is this year year. It’s a year to, for this whole financial reset. It’s going to change our lives period. You know, there aren’t many people who have the courage to say what you do.

And you’re right, I do think, you know, when I started saying reset, I was saying it in the context of Klaus Schwab. I’m like bullshit, not gonna happen. And the more you re research it and this is beyond Klaus Schwab, it’s me. Half the system has to reset. It’s the western system. And you go and look at world reserve currencies going all the way back to the 1400s and each one has about a hundred year run. Well, you know, we’re past that right now. And so I would just, I would just simply say that. I mean the average number really is 50 years.

We’re well past that. Something has to change. And you can see not only by the coordination across the globe, you can see it by the actions here of our own government. And the interesting thing is, all of which I find to be maybe the most important piece of information is all the metal that’s coming into comex. It signals something much bigger. As gold is a tier one, it has been revalued by the most powerful bank in the world. Silver is now a critical mineral. Platinum is now a critical mineral. You see all of these deliveries coming across the globe.

You have the head of the Japanese market saying there is no platinum in London or Switzerland yet. They’re still trading 3 million ounces a day for delivery. All of this stuff tells you we are on the cusp of it. And you’re right, it is dangerous, it is frightening. But let’s just simply say this and I’ll keep hammering at home and I guarantee you that every week from this point forward there will be so much stuff to talk about. Sarah, this is just beginning right now. Now that I will just simply say if you are not a contrarian, you’re going to be a victim.

It’s time to understand that saving in dollars is what we all used to do. It is the absolute fastest way to go broke, period. I don’t care what your vehicle is to save in. If it’s, you know, this is the whole thing. Assets feed you, liabilities eat you. And the wealthiest people in the world due to the Cantillon effect effect, all of their assets or all of their wealth primarily is in assets. And over the last 50 years, look at what asset prices have done and look at what dollar valuations have done at the same time.

$10,000 50 years ago was worth a hell lot more than it is today. But look at any of the assets that you have held for 50 years. What has happened to their value? And that’s the lesson that you should take away from all of our discussion. Do not hold your wealth in dollars. Immediately start to think outside the box and start to look what the biggest money in the world is doing. And that is to de dollarize and to buy tangible assets in your own possession. Well, thank you so much for joining me today. They can get hold and they can get gold and silver and protect themselves.

@SarahWestAll.com Miles Franklin they get the private price list and the best service and the most important thing thing is trust. You can trust your company. Thank you. I appreciate that. And I promise you your people won’t be the first customer complaint we ever had. It is an honor to work with someone who is as courageous as you are and as smart as you are. And it’s. It truly is and I love being here and I look forward to seeing you next week. Sarah, have a wonderful weekend and, and thanks again everyone else. Have a good sa.

Sam.
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