Lingering IRA Scandal Central Bankers Criminal Dilemma and the Silver Squeeze w/ Andy Schectman

➡ The text discusses the importance of questioning everything, including political figures like Trump. It also highlights a massive giveaway offer where one can win a Cybertruck and cash by purchasing coffee from 1775coffee.com. The text then transitions into a conversation with Andy Schectman about the changing global economy and the issues with predatory precious metals IRA companies. The author emphasizes the importance of ethical business practices and warns against companies offering too-good-to-be-true deals.
➡ The article discusses the increasing demand for gold, with large banks like JP Morgan and Bank of America seeing massive inflows into their gold accounts. This surge in demand is causing a shortage, as there is more gold being claimed than available. The article also touches on the growing wealth gap since 1971, when the US went off the gold standard. The wealthy are benefiting from inflation as they can buy assets that appreciate in value, while those without assets struggle to keep up with the rising cost of living.
➡ The article discusses the fear of central bankers about a revolt similar to the French Revolution, triggered by people at the bottom not having access to resources like food and money. It also talks about the corruption and fraud in the system, with billions meant for the homeless being stolen. The article suggests that this corruption might lead to an uprising and a system reset. It also mentions the surveillance systems already in place and questions whether they are being used for good or bad.
➡ The article discusses the current financial situation, focusing on the impact of tariffs and trade wars, particularly with China. It highlights the risks and potential consequences of these economic strategies, including the possibility of countries moving away from the U.S. dollar. The article also mentions China’s development of a digital currency system that could bypass traditional transaction methods, potentially challenging the dollar’s dominance in global trade. Lastly, it questions whether these developments are part of a strategic plan or a result of poor negotiation tactics.
➡ The text discusses the current economic situation, emphasizing the importance of accumulating assets and reducing exposure to traditional banking systems and investments. It warns of potential volatility in equity, bond, and precious metals markets, and suggests that the wealthiest individuals are moving away from the dollar and traditional assets. The text also highlights the risky practices of hedge funds and the potential for significant economic fallout. Lastly, it suggests that gold and silver are likely to increase in value, despite manipulation in their markets.
➡ The speaker believes that silver is currently undervalued compared to gold, presenting a unique investment opportunity. They also discuss the importance of honesty in the gold dealing industry, highlighting the harm caused by predatory companies. The speaker promises to help listeners navigate these issues, emphasizing their commitment to fairness and integrity.

And it could lend itself to the surveillance state. I mean that, that’s the old question that I think people need to ask themselves. Is Trump the Trojan horse or is he riding on it? And I this comes from someone who voted for Trump and would do it again. But if we don’t question everything, we’ve learned nothing after what we’ve been through. If you don’t question, you’re stupid. Quick break from the program to share with you a huge giveaway offer. Imagine winning a prize for over $100,000 for just drinking coffee. A brand new Cybertruck and $30,000 of cash could be yours.

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This is a $100,000 prize and that prize could go to you. Welcome to business Game changers. I’m Sarah Westall. I have my friend Andy Schectman coming back to the program. We are going to talk about all sorts of happenings. I got to tell you that I have an advisor that works at, you know, with central bankers and works with, you know, I’m an investigative journalist. So I’m going to be talking to the best people I can find around the world and I am hearing from them at the highest levels that things are accelerating. They’re accelerating amongst the, the central bankers and the world leaders and leaders of countries.

Everybody’s moving and things are changing. The global economy is changing and it’s accelerating. And we’re going to be talking about that today in my show with Andy Schectman for Miles Franklin. And we’re also going to retouch on this IRA scandal that is destroying people’s lives and how they are helping people. I also want to remind you that he has a private price list that he shows my listeners. So if you have an IRA problem or if you want to get to that private price list, same form that you need to fill out. Sarah westall.com Miles Franklin and fill out that form.

If you are one that are in a situation with your ira, I hand deliver it to Andy. We make sure that someone takes care of you because we know that people are in desperate situations where people are losing serious retirement funds and their IRAs. You might not be retirement age. Those are the ones that are really being taken advantage of. For some reason they feel that the elderly are easier to prey on. But a lot of middle aged people or younger people are getting hosed over two with their IRA. So if that’s you. Sirwestle.com Miles Franklin we’re going to talk about that a little bit in the show.

You’ll just be, I mean it’s just to me it’s being able to see all these come in, you know, being part of that process, it’s been pretty, it’s been a shocker and we talk about that. And then if you are interested in getting gold and silver, we’re talking about how silver, especially silver, it’s like the best time in history right now to get it. You can go again to sarahwestall.com Miles Franklin and fill out that form and you’ll get access, not only get access to the private price list but they will contact you and help you through the process.

Okay, let’s get into this really good conversation that I have with Andy Shetman. Hi Andy, welcome back to the program. Good to see you Sarah. Thanks for having me. Well, I’m always happy to. I love having you on the program. People love watching you with all the turmoil that’s going on in the world, it’s just great to have a smart, I mean honestly just have somebody smart thinking about the global issues and being able to talk to because there are, there really aren’t that many who aren’t, who are authentic. You know, they’re not just, they aren’t representing some agenda.

Well, I appreciate that and I try a lot. You know, people would say, well he does have an agenda. He owns a metals company. I’ve done this for 35 years. We’ve done 12 billion in sales. And I, at this stage of my career putting myself out in front of the public online all the time is not a smart idea. If, if you are, if you have an agenda that isn’t legit and isn’t pure, not safe, that’s exactly right. You know, I, I try my hardest to do what’s right and I, and I think it’s important for people to realize that you can that running a business and doing right by the people.

It doesn’t have to be mutually exclusive. And that’s why I just got off an interview. I’m sorry, I was late with a man named Kyle Seraphan who is a FBI whistleblower and we met on because of it was his father in law or excuse me, his father’s best friend who was really wronged by a precious metals IRA company. And he contacted me and said I’d like to have you on and talk about these companies. So yes, I do own a precious metals company, but I try and do what’s right. I try and tell people what’s coming.

And you can’t get out of the way of what you don’t see coming. And I try to help people who have maybe made a wrong turn along the way. So I thank you for your kind words, I really do. I gotta tell you that there are a lot of predatory companies out there. And I did been doing some research too because I’ve been offered. And we’re gonna go on a show with the Meters because they. Glenn Meter, because he’s been offered this too. And it’s just you shake your head. I’ve been offered some big money to sell gold and I’m like, wait a minute, they don’t have the profit to do.

To pay me this. And I was like, there’s just something not right here. And, and that got us really talking and why we’re, you know, helping people out but, and why you really are helping. But there is a predatory industry where people like me are making a killing. And I’m sorry, I make a lot less. I’m. To be honest, I make less working with you. But I’m not taking advantage. We’re not taking advantage of people. There isn’t a, if, if people are making a killing selling gold, there isn’t a high margin in this business. So if you are like me as a host and they’re paying you a killing, you need to question and take a step back and go what’s going on here? Not that it, you aren’t making a healthy profit for what you offer, but you shouldn’t be making a killing off people because the margins aren’t that good.

And I’m shaking my head a little bit of people in my role who don’t question that. Yeah, well, I think a lot of them probably don’t know. You look at some of the spokespeople and I don’t know that people really understand exactly what these companies are doing. I, I really, I really. They can’t because they just aren’t it, they don’t come across to me as being, as being part of something like that. They don’t realize it. I think you’re right. Right. And that’s just it. And it’s some of the worst stuff I’ve ever seen, ever, ever.

And I think some of your clients who I’ve spoken with will tell you it’s been a good experience and we’ve told them what to do and how to protect themselves and how to rectify a very bad situation. But I did an interview with Mike Adams recently and I can say this publicly because Mike said it publicly. He said, look, I was offered $100,000 a month to work with one of these companies. And yes, and, and you know, so you look at some of these companies now working with, you know, people like Megyn Kelly and Donald Trump Jr.

And all of these other, I mean you have to question these companies, what are they paying and what’s, how is that, how is that transitioning to the price that people are paying for these products and other very high paid spokespeople. Without mentioning any company names, all I can tell you is the stuff I’ve seen is horrific. It truly is horrific. And in every case it’s the weirdest thing. They all sell quarter ounce gold coins from well known mints, but, but designs that I’ve never seen before in a million years at huge premiums. And again, they range between 900 and 1150, 1200 per coin.

Well that puts it at almost 5000 to 6000 an ounce, one ounce to two ounce silver coins, typically fractional, one and a quarter, one and a half, three quarter exact, something like that for anywhere from 60 an ounce to over 100 an ounce. And all these are what the wealthy people buy and nonsense. They’re just being destroyed, these people. So fortunately we, we’ve talked to a lot of your clients or unfortunately depending how we look at it, but I think you’ll find that a lot of them had good experience and we’re doing the best we can to help people and, and, and open their eyes to these predatory companies.

For sure. I remember I sent you an email a couple weeks ago because I hand sent them to you and I’m like, God, this has been, it was midday on a Sunday and I go, this been like a million and a half worth of ira, you know, funds in just today like oh my God, Andy, this is a lot. Yeah, yeah, it is, it is. And you know, and that’s the diabolical part about it is the fact that these are IRA funds from, from older folks who have worked their whole lives to, you know, to, to put themselves in that position.

And yet, you know, they, they don’t have the ability once they were treated wrong to you know, get their money back. Their, their working days are behind them. It’s really just horrific what you’ve seen. What I’ve seen? Yes, yes. Well, okay. Well at least they know they can. If you’re in that situation, go to sarah wessel.com Miles Franklin, fill out a form going to hand, give it to Andy and he has a team of really competent people that can help you. Okay. Now that we said that, that it’s just, I think it’s a time bomb or a bomb waiting to go off is people, it’s a red canary and I just really hope that people wake up some of these high profile people start looking at what they’re doing and, and realizing that wait a minute, something’s not right here.

But regard, let’s talk about gold coming into this country. I just saw a chart that the gold this is from bank of America Global Fund that it he this year is eclipses anything we’ve ever seen in history. Can you talk about this chart? Yeah. Well, we’ve seen massive inflows. Massive, massive, massive inflows into the comex. More so than at any time in the history of the COMEX being delivered here into the United States. We’ve become a net importer of gold. The question is who’s buying all of this gold? And typically these banks are not doing it for themselves.

They say they do it for customer accounts. Who are the customers that have the ability to take possession of this kind of metal? You’re looking at a bank like J.P. morgan who delivered. Let me see the, the what you sent me here. Yeah, that’s, that’s crazy. These are, these are customer accounts. JP Morgan delivered 4 billion in gold first week in March into the COMEX for a customer who’s got 4 billion. So yeah, it’s a Bank of America, their customer account. So every bank like Chase and Bank of America and all the big banks are looking like this.

Yes. Yeah. Chase, bank of America, JP Morgan, Goldman Sachs, they’re all. We’re seeing the largest amount of inflows into the COMX in the history of the exchange. So yeah, this is a situation where there’s a new, there’s a new awakening, there’s a new understanding of, of the importance of gold and it’s, this is not the same market that I’ve been in for 35 years, all of a sudden at all. And it’s, it’s changing, though, at the highest level. It’s changing at, at the central bank level, it’s changing at the commercial bank level, it’s changing at the governmental level.

And central banks are eagerly accumulating it and repatriating it, delivering it, taking it off of the exchanges, which is a difference because a lot of these contracts, the majority of them never settled for delivery. They would just cash settle. Now they’re saying, yeah, you know what? We’re going to want the real thing. Thank you. And that’s a problem. If you’re playing a game where you realize that maybe 1% of the contracts will ever stand for delivery, well, you can be as, let’s just say dishonest as you want. You can resell that contract 500 times. If you’re a bank with.

Just can play with the money side of it. Because knowing that maybe 1 out of 500 will, maybe 5 out of 500 will stand for delivery. Okay, that’s fine. But what if all of a sudden, that’s right, 175 or 200 or 300, Stanford delivery, you got a big problem. And that’s what we see happening in London as an example, where most of this metal is coming from. You have a situation where there’s 36 or so million ounces of gold standing behind 280 million in contracts ounces. So if everyone who has those contracts says, you know what, we want the metal, well, there’s 280 million ounces in redeemable contracts and only 36 million to deliver.

Well, that doesn’t add up. That’s a problem. And that’s the kind of the stuff that we’re seeing happening right now, where the big players are standing for delivery and taking possession of it before something like that happens, before it’s. It’s the realization stampede happens of the people wanting their money out. And yeah, first it’s Bernie Madoff is what it is. It’s. Bernie ran a great shop until everyone said, give me back my medal. So everybody’s trying to get. Yeah, everybody’s trying to get their, their Ponzi scheme, the money out of the Ponzi scheme before the Ponzi scheme collapses.

Okay, well, let’s talk about. You were talking about them wanting to get their money out. And when Nixon went off the gold standard in 1971, France had battleships out. I just heard about this this morning, about France having battleships out there demanding their gold because everybody was afraid that when we went up the gold standard, they wouldn’t be able to get their gold. And Nixon did that because the dollar was having issues. And so they converted it to the petrodollar, it got up the gold standard and went to ess know. Now it’s full blown fiat currency.

And so I want to talk about that, but I also want to talk about the fact that since 1971, the percentage of money flowing to the top.01%, I have a chart here to show, versus the bottom 75% versus the rest of the the people has dramatically increased. It’s all shifting upward. And that’s a problem not just for the people who are suffering with needing more funds, but the central bankers clearly know this is a problem. Can you talk about all this phenomena? Well, in 71, to start with, yeah, Charles de Gaulle was all the gold held because he realized that there was more money being created than for the Vietnam War and the guns and Butterfly initiative than there was gold at Fort Knox.

So he started sending warships to New York harbor filled with dollars saying, give us back our gold. And we did, until Nixon took the unconventional step of closing the gold window. And what you speak of, where the wealthy have all of the assets and are becoming wealthier, so to speak, is, is the Cantillon effect. And it’s the person closest or the people closest to the money benefit disproportionately because they have the ability to buy assets. And they buy assets that then go up higher in value in that inflationary environment. And by the time the money works its way down into the public’s hands, it’s inflated.

And the cost of living for basic necessities go way up, while the wealthy people don’t care because they continue to buy assets that continue to go up in an inflationary environment. You know, as an example, I mean, my father graduated college in 63. He was married to my mother that year. And he said, you know, Andy, I graduated college and your mom and I were living on a $5,600 a year salary, comfortably. My job, he said, right out of college, 5,600 a year, and we could live comfortably. Well, what happened? Did the dollar become worth less, or did everything else become worth more? And so when you talk about the inflationary environment where 5600, you could live very well.

Well, back then, gold was $35 an ounce. Well, gold’s gone up 100 times nearly. Or did the dollar fall by that equivalent amount? Well, think of what a yearly salary was. The first Corvette my dad bought in 1973 was a convertible Stingray. And he paid $6,000 for it. Which, you know, by then we’d already seen inflation over the 10 years. So you know, it wasn’t worth what it was 10 years earlier. The dollar wasn’t. But still worth quite a bit in comparison to the products you’re getting. Well, inflation being what it is, that same car is $120,000 right now.

A new Corvette Stingray convertible. So the point of it is, is that the people closest to the money supply the closest, you know, the people who are getting. The wealthy, in other words, benefit disproportionately because they can buy assets that appreciate in an inflationary environment. And it’s getting harder and harder and harder for people who don’t have assets to make ends meet. And the wealthy get wealthier because their assets go higher. Well, I saw a report by the Rand Corporation that said that the average worker salary today, if you compared it to the early 1970s, would be making $35,000 more a year.

I mean that’s a lot. At least I believe that. Average worker. Yeah. So I believe that. Yeah. Okay, let’s talk about a little bit. Dig into the nuance behind the cantilever effect. I had a banker talk to me. He’s a Geo. I mean polit. Very brilliant man that I talked to as and I consult. We consult back and forth together. And he was saying that the central bankers at the very high level, the thing that they fear the most is a French Revolution style situation where the people at the bottom don’t have access to this. The resources that they need.

Food is really what triggers it. But money and is hand in hand with food and that the central bankers want this money getting down to the very bottom because the thing that they’re at risk most is is people rising up against that revolt. Yep. It’s the revolt. And no matter how evil or bad these guys are, they still want. It’s a very interesting concept. They want good people even though they’re kind of shady. They want good people along the way working for them because it gets the money down and they’re. They’re safer, which is an interesting concept.

Even though you know this. He’s saying they’re not that great of people, but they want people who are good for them along the way because that makes it easier, less risky for them and they do better. That’s the very center of the top. Yeah. What do you think of that? Because that makes sense. It’s kind of a dichotomy kind of thing. Like the criminals Want good people working for them, because even the criminals don’t want criminals stealing from them, you know? Well, you know, and maybe. Maybe this will all be exposed right now when you see the amount of corruption that Doge is uncovering.

And. But, yeah, I mean, you could argue that what you’re seeing right now is maybe the beginnings of that type of uprising where you have this current administration sort of. Sort of out, kind of rooting out the fraud, showing the people just how bad it is. And, you know, we need to see. Obviously, we need to see people arrested and tried and this outed. I don’t think it’ll quite be like Marie Antoinette dragged from her home. If you ever been to the palace of Versailles, you would understand why they did this. It’s the most opulent place I’ve ever been in my life.

And the people are starving. Well, it’s not quite that here, but you have people that are struggling mightily to make ends meet and are forced to pay taxes to feed this beast, only to find that so much in the revenue that the government has taken in has been squandered away, stolen, lost, or spent on things that are so stupid you can’t even make it up in a comic book. So, yeah, I mean, it is valid. And maybe it’s kind of the same thing happening right now if people really knew just how bad it was. And maybe we’ll find out, you know, like, the billions of dollars in homeless money that California has had, and they’re now federal inquiry into it, and, you know, maybe they’ll.

They’ll put guys like Gavin Newsom in jail and who knows? Maybe not. Yeah, I mean, who’s responsible for billions being stolen when they’re supposed to go to help the homeless and nothing like in California. That’s the point. Not the dying goes to them. It’s like. And the Californians, it’s like, how much do you have to stand up for all this stuff? And no, but nothing changes. That’s the point. That’s the point. So I guess only time will tell. But, you know, history doesn’t always completely repeat, but it rhymes. That’s kind of what I see is happening right now.

We’ll see how. How much traction it gets. But, you know, it’s. Maybe we’re at that point right now where, you know, the. There’s just too much inequity out there and too much corruption and fraud, and it’s about time. Well, and cleaning up the system before the whole system resets and gets restructured because you can’t have this baked in the system actually it gives them a reason to want to, gives them the people to support the reset. Right. People that are fighting it. How can you fight now? I don’t know what’s all going on with Doge and everything else, but how can you fight the.

What they’re exposing? I mean, I don’t, I would be embarrassed if I was up there fighting Doge’s exposure, you know, and they’re using it as. I got to tell you, there’s a lot of people in the independent media saying that they’re using this Doge to set up this surveillance system. Like where were you? And I keep saying, where were you when Snowden and Benny and Kirk Weavy and all the NSA guys came out, blew the whistle over 20 years ago telling you that these surveillance systems are already in place. We have parallel telecom systems, parallel banking systems, all these FBI shows that show you how they can just tap into all that stuff is already there and then suddenly it’s all Doge and Trump once they start to disclose this stuff, it’s like, really? Yeah.

Well, these are the same dipshits, pardon my French, on your show that didn’t stand up for the little boy, the 13 year old kid who had all the surgeries, brain, the cancer didn’t stand up for him when he was awarded an honorary, you know, Secret Service badge. Or the same dipshits who didn’t stand up for Lincoln Riley’s family or mother. You know, some things are just, you know, as an example, you had four Democrats vote for the, the real ID for, you know, voting integrity for an every Republican. Now maybe there are some legitimate reasons, maybe not, but point of it is the partisan side of politics has gotten to the point.

That’s what’s bothered me more than anything. And so for them to expect them to stand up for something principle based when they don’t stand up for a little boy who the politics should have nothing to do with it at all. Not with that. You know, you got to wonder, maybe these, these are the criminals, these are the real criminals. These are the people that should be rooted out, thrown out and exposed for being the horrible people that they really are. They’ve lost their humanity in favor of hatred against Donald Trump and against the Republican Party. And I do want to talk about, yeah, but I do want to talk about the real id because people are saying the real ID is the digital id and it’s like, well, how do we deal with things that are good and things that can potentially be used against Us, how do we deal? It’s hard.

It’s very hard. If it is the same as the ID 2020 which was backed. I don’t know if it is. I think it is. You have the Rockefeller foundation, the Gates foundation, and I think it’s Sarna, the vaccine corporation, that all have patents in it and it could lend itself to the surveillance state. I mean, that’s the old question that I think people need to ask themselves. Is Trump the Trojan horse or is he riding on it? And this comes from someone who voted for Trump and would do it again. But if we don’t question everything, we’ve learned nothing after what we’ve been through.

If you don’t question, you’re stupid. You’ve learned you have to question everything. Well, you do have to question everything. While like I question that. But then I also push back about with all the people saying that Doge is the one that’s creating the surveillance state, because I know that’s pure propaganda. No, Doge isn’t that propaganda because I know for a fact this stuff has been going on for years. And so the people who are saying that. You got a question of what their motives are? Yeah, those are the people that are just scared that they’re, they’re going to get in trouble and that their gravy train is coming to an end.

Doge is not the problem. Quite to the contrary. Those are the same people who wouldn’t stand up for the little boy. These are the people that, you know, are probably on the other end of, of what could be a jail sentence if it’s fully exposed or realize that all the funding for their stupid projects are coming to an end. I don’t think Doge is the problem. And I find I have a hard time, you know, understanding how these people have lost their bearings to such a degree that they wouldn’t stand up for, for cost saving. For a country that is 200 plus trillion in debt.

We have $6 trillion in bonds coming due by next week. Six trillion. We have 28 trillion that come due by 2028 in the three years. That three year window will only take in 15 trillion in tax revenue. Well, that gets us half the way. There’s doesn’t take into account all the debt that we have incurred this year and will for the next three. We’re broke, we’re insolvent. We are, we’re not any different than the rest of the world, but than most of the rest of the world. Right. And then you have these idiots standing up and saying, you Know, this stuff is bad.

I mean how far gone are these people? How, how far detached from reality and this partisan politic nonsense is just, it’s disgusting. And they, and a lot of these people, to be honest, are in the alternative media or the independent media and they have a very trusted audience and they are swaying a lot of people, which is sad. But let’s talk about the tariffs a little bit in China in particular because China is the tr. The trade wars going on strong with China and a lot of these other countries have come to the table. But I just heard today, Caroline Lovett saying that we don’t have to work with China, they have to work with us and the deal’s on the table.

And that’s not, I mean, I know that’s negotiating tactic and you will need to sound strong when you’re negotiating, but that’s not entirely true. The controller pharmaceutical industry, they have, I mean we’re dependent on them. They have the rare earth minerals that so much of our high tech is dependent on. Not that we don’t have rare ear minerals here that we could mine, but we’re not ready. We don’t have the plants and the manufacturing. So while we might not need them long term if we brought everything back, we need them now because we don’t have our manufacturing here.

So what do you think is. But they need us too. They need their consumers. If we stop buying from them, I mean we’re, we’re at a stalemate with them. Let’s, let’s be honest. I mean, we don’t want. They’re our customer and our supplier, so we don’t want to bomb them. That would be really stupid. So what do you think is happening with the tariffs and China? You know, I ultimately. Look, I, I think I gave you a hard question. I know. No, you really didn’t. I mean I ultimately I think that, I think that on one hand I feel it’s.

If I, if I were going to speak against it, I would say it’s somewhat. There’s a lot of hubris thinking that we have to charge countries of tariff for the privilege of working with us, doing business with us. You know, you can look at. On the other hand, yeah, we pay more in terms of tariffs than these other countries. They don’t pay any tariff. So that would obviously look bad on, on a, on a balance of trade perspective. But let’s not forget that these countries are expected to use our dollar as a world reserve currency and then put the reserves into US Treasuries which then lower Interest rates make all our goods very cheap, allowing us to live beyond our means, allowing us to live on credit.

And so can we have it both ways? Can we have it where these countries will still buy our Treasuries and can we have it where these countries will still want to use the dollar that we want to suppress its value? We want to push interest rates lower. What incentive do they have for doing that? And now they have to pay a tariff as well. So can you have it both ways? Are we incenting people to move quicker to the brics and to other. Yeah, he is. Economic systems. And is he playing with fire? I mean negotiating is always playing with fire.

I mean let’s, we have to face the music. You know, negotiating in a business transaction is always risky. But how risky is this? It’s, it’s, it’s very risky as a matter of fact. But maybe that’s part of the game. Maybe he’s trying to do that. Maybe he’s trying to incentivize this reset. He is indeed. I mean look, you see Japan, China and South Korea have meetings together to how they can sidestep the tariffs and work together. These are countries that really aren’t allies, but they’re becoming. These are countries, two of them, that hold the most amount of treasury debt out there.

Do you really want to rattle that bush now? Let me see if I can give you the exact info and think I can here, hold on. There’s something that just happened as this said. I think it is something that just happened yesterday. I think I have it here. Where did I put that? Be right here. Inbox. Well, there’s so much happening on a daily basis, it’s just incredible. Well, there was an email that I just read. Man, I get a lot of emails. Holy moly. Okay, I think it’s right here. Let’s see. So see if I can read this real quick because it’s a huge deal.

If not I can paraphrase it because I remember what it said. We’ll just paraphrase it, it’s fine. No, it’s a good one if I can find it. I don’t know that I can anyways. Well, what it basically said is that China, just through the group of countries, I believe the acronym to these countries is as. Here it is right here. So the People’s bank of China has announced that its digital renminbi cross border settlement system is now fully connected to 10 ASEAN countries. They’re the, the Asian countries, like I don’t know exactly which ones they are.

Just look up ASEAN countries. These are, some of them are in BRICS, some of them aren’t in BRICS, but they’re all right there about ready to join BRICS anyways. 10 of these countries and 6 Middle Eastern nations that this development enables approximately 30% 38% of global trade to bypass the traditional SWIFT system which is predominantly used for transactions within the United States dollar or within the United States dollar system. Allowing these trades to be settled directly in digital rmb. Highlighting how blockchain technology is fundamentally altering the global economic framework. In practical terms, China’s digital currency bridge has significantly reduced cross border payment processing times from the typical three to five days associated with SWIFT to approximately seven seconds.

For instance, a pilot transaction between Hong Kong and Abu Dhabi demonstrated that a company could pay a Middle Eastern supplier using digital rmb, eliminating the need for multiple intermediary banks. We have to first convert into dollars, then back to the currency you’re buying or into the Abu Dhabi currency and whatever and all these banks in the three to five days anyways. It says that eliminating the need for multiple intermediary banks and achieving real time settlement with a 98% reduction in handling fees. This achievement is part of China’s broader strategy to internationalize the RMB with initiatives like the Belt and Road and challenge the dollar dominance in global global trade.

It’s accelerating. The only difference is we’re not hearing enough about it right now because of what the bank of International Settlements did to the BRICS at their meeting by pulling out of enbridge at the 13th hour. Because they said well we can’t. China, Hong Kong, Thailand, United Bare Emirates developed Enbridge with the bank of International Settlements innovation hub for four years. It’s Chinese technology. And after it was fully developed, this is it what they’re talking about here, this bridge technology. It is Enbridge. But they pulled out of it at the 12th hour and said well we can’t be part of any system that allows countries that are being sanctioned by the west to transact outside of swift.

Well did they just realize that Russia was the iron bricks? They didn’t. And I think, I think this is my theory and I don’t have enough proof to prove it, but I do know that the central bankers in the imf, they’re infiltrating all these different factions and I would guess that they’re either putting the screws on and this is their tactic of negotiating or they’re realizing their infiltration didn’t work. One of the two, yeah. And I don’t know, but that’s My guess so you’re probably right. Look, the bottom line is that they are continuing to integrate.

Indonesia just became a full member. They have the largest supply of nickel in the world. In ground, their president had called for an OPEC style cartel of rare earths. You mentioned rare earths. China is now boycotting, sending rare earths to the United States in retaliation. You need these rare earths. Not only do they produce about 90% of them, they refine 100% of them. And so what are the reverberations? Are we incentivizing the world to break free from the West? You could argue we are. Is that part of the deal? Is he trying to do this? Is he trying to reset the system? Maybe.

Or is he maybe not as shrewd at negotiating as one would think? Maybe, I don’t know. But a lot of, you know, if you’re a poker player, you don’t go all in and then say, I’m going to pull it back. Let me change my mind. You’ve just outed yourself. And so by him going all in with the tariffs and then pulling it back for 90 days, I think wasn’t because he’s a master negotiator, it’s because the bond market nearly blew up. It did. He had to. He was forced to. But in his defense, all the countries except China, I mean all, almost all of them came to the table.

So it did serve its purpose for the most part. Correct, Correct. But we’ll see how it all plays out. It’s hard to read this, isn’t it? I know, yeah, it’s how you read it and I guess spin it either, I can spin it in either direction. And just like you’re having a debate, right? You’re taught as a debater you can take either side, you can spin it either way and really make a case for it. But because it’s not a debate, we’re not here to, to take aside, we really here to try to help our country and to get information out.

I’m like, I don’t want to take one side or the other. I want to understand this situation fully. That’s exactly right. And you know, I think the bottom line is to, to realize that, that the changes are happening right now and they all seem to center around assets in your possession. That’s what the wealthiest money in the world is doing. The biggest money in the world is accumulating assets, getting away from the dollar, getting away from tradition assets. And what we saw with this index trade blowing up right in the face of the Hedge funds, you’re this close to seeing something very substantial happen where being in dollars, being in traditional assets will be the worst place to be.

Well again, who’s been accumulating all of the assets for the last four years quietly when everyone else was enamored with US based assets or investments? The central banks, the biggest money in the world. And now you’re seeing it start to spin faster. My advice to people would be to to do what the wealthy people have been doing for generations. Accumulate assets. Don’t have too much exposure to the traditional banking system. Don’t have too much exposure to any duration in treasury market. Six months or less only. And if you have a profit in the equity market, get out.

You have the lowest exposure to the Mag 7 in two years by the hedge funds. You have all the insiders selling at a 7 to 1 clip to buying. You got all the big CEOs cashing out. They’re all doing it. Yes. So you should do it too. Yeah, I got to do it too. I got to do more. Honestly, you know, even if you don’t have a lot of funds, figure out just what can you do because anything that you do will keep people protect you in the next coming months here year. I mean it’s happening, it’s accelerating.

Like I said, I have advisors that are working on the international stage and they’re saying Sarah, this is accelerating and we don’t have much time and they’re excel central bankers are accelerating it. So I mean this is real. I know we’ve been talking about it for many years and when is it going to happen? But I’m getting more and more and we’re seeing indications, number indications through graphs and, and you know what we just showed today and, and the movements by the central bankers and leaders of countries telling you it’s accelerating. Yeah, well it is, it is.

And you know, I think this is the time to be very conservative. This is not the time to be that’s greedy or speculative. This is the time to reign things in and get as far away from the potential liability as you can be. Look in, in two, I don’t know if it was 99, 98, 99. It was the long term management, long term Long term management capital, something along those lines. These are all Nobel laureate economists. Some of them had won the Nobel prize in economics. These are the smartest of the smart doing the same index trade that now just almost blew up last week and they had to be bailed out by the Fed.

They were this close to blowing up the Entire system and it was only billions of dollars. You’re talking trillions of dollars right now, many magnitudes higher. The Fed has already issued a statement privately saying that they’re considering having, if that were to happen, taking the positions of the hedge funds, bailing out the hedge funds so they don’t learn from their mistakes. And you know you’re talking about massive leverage. Where these hedge funds in e. Because they passed a law where hedge funds, these banks can’t be after the Dodd Frank act, they can’t invest in speculative stuff.

So they buy things that are supposedly risk free, like Treasuries and they’ll buy Treasuries and then short the 10 year future so they buy 10 year physical, which the Fed likes, buying bonds because central banks are dumping them. So the hedge funds will buy them and then simultaneously short the, the paper derivative of it and make the little spread because those trade at a premium. Well, that works. And these are risk free supposedly. And they’re able to capture just a little bit, but they lever it up so a hundred times so that little bit amounts to a lot of money.

And if the short term borrowing cost moves against you, as it hasn’t for a long time but all of a sudden blows out like we saw here, you know, if you have 20 times leverage and get a 5% loss, that’s 100%, you’re done. Well what if you have 100% leverage, a 1% loss, you’re done. Well, that 1% doesn’t happen very often. But we just saw hasn’t blown up yet. But you see how close we are. That doesn’t even take into account all of the selling by the central banks around the world which are pushing rates higher.

Again, we’re at a precarious position. This is not the be greedy or speculative. This is the time to reign things in. And I have a feeling the last few months of the year, the second half of the year will be very, very, very volatile for the equity markets, for the bond market, for the precious metals market. And who would have thought we’d be at 30, almost 3,300 gold without any fanfare at all by the media. I know. What do you think’s going on with the silver? Because silver took a dive and they’re squeezing it. What’s happening? And I’ll show a chart right here on silver.

What is going on? Same thing with silver. I mean, but it’s worse than gold. I mean look at the dip. They’re like gold. I don’t know. What do you, I I have a speculation that they’re, they’re purposely pushing it down. Well, they’ve been doing that with gold and silver anyways. But silver is like, because it’s so tech based. Are they purposely pushing it down more like. Well, there was a massive long position by the managed money. The hedge funds and the commercial banks are in big trouble because all of the delivery requests and maybe it was one last push.

When they drove it down by two bucks. They washed out over 15,000 long contracts the hedge funds covered because the price was going against them. They got scared. They covered. That’s 15,000 times 5,000. So what does that work out to? 15,000 times 5,000 is 750 million. Is that right? 7,500,000 ounces ago of silver, right? 1, 2, 3, 3. Yeah. 75, 75 million ounces of silver and 75 million ounces of silver bank. Just like that, they covered and then the price spiked up. So that’s what they were doing. They were messing with, they were washing out the managed money in gold.

28,000 contracts. So 28,000 times 100. Were they just helping their friends or what? What do you do? They were bailing out the commercial banks and they’re helping their friends one last time maybe. And then gold went up 200. So they, they, they did, did it before. They raised the gold because they knew it was going to go up. So they, they washed their help, their friends. And then once her friends were okay, then the gold shot up. Yeah. Nine billion. That’s how the world works. I’m sorry. Yeah, nine, 90 billion. Is that right? Let’s see. One, two, three.

One, two, three. Well, what, I don’t know what number 903. No, it’s 1, 2, 3. 1, 2, 3. One, 2, 3. Nine billion. $30 million worth of gold. You have to count up the zeros, right? Yeah, I know. Even if you sit on a calculator like, okay, wait a minute, how many? 9 billion, 30 million worth of gold was covered because they pushed the price down and, and then the price went up $200. So one of these days they’re not going to be able to continue to play this game. And so look, we’re getting closer. I really do believe that gold has outperformed everyone’s expectations.

Silver will too. Silver is, is a coiled spring. It’s because the military industrial complex needs cheap silver to make the weapons. Well, it was easy to do when no one was standing for delivery, but now everyone is standing for delivery and that’s it. And it’s a Short window. Right. Of being able to get silver at this lower prices. It’s, it’s, it’s not that it’s that low, but it’s shocking to me that gold has done what it has and silver hasn’t followed suit. It’s not unusual for silver to lead tremendously and then silver to catch up and, and outperform gold to lead and then silver to catch up and then outperform it on a percentage basis.

The, the technical setup for silver is off the charts, really is. So I would expect good things all through history. Right. I mean like literally it’s, the ratios are off right now of what it has been all through history. Way off. And at some point you can’t, it’s about 100 to 1 right now and it’s, that’s about 1/10 of 1% of the time over the last hundred plus years that it’s been anywhere near that. So yeah, it’s a, it’s a once in a generation opportunity. Okay, where do they go? Sarahwestall.com Miles Franklin. Yes. And they need to.

You’re the most honest. I mean there’s some other honest gold dealers out there, but not many. And thank you so much just for being a good human being. I mean, honest to God, I mean, I appreciate that and you know, I’m glad that you’ve been able to see it with your own eyes. It’s one thing for me to tell you these things, it’s another thing for you to see the number of people that have been affected by, by things that are less than fair and honest and leave it at that. But to simply say, since I started talking about on your show, the people who have, you know about people who have been affected by these predatory companies, the amount of response from your listeners is off the charts.

There have been a lot of people that have been hurt very badly by these companies who are, who are being promoted by reputable people who have no idea the people they’re promoting are destroying people’s lives. And you’ve seen it. I’ll show you more of the numbers. It’s actually horrific, but we can talk about that again another time. But just simply to say, in my career I’ve never seen anything quite like this and it’s kind of taking on a life of its own. Like I said, I was on Kyle Serafan show today, who’s an FBI whistleblower, former FBI employee, really cool guy and his father’s best friend was taken by one of these.

And so now this is his mission too. So There’s a lot, lot, a lot of it going on. And anything I can do to help your people, I promise not only if they just want to get our price list reserved for your listeners and info Miles Franklin and Sarah Semi or to contact what’s what’s how do they.com Miles Franklin, if you fill out that form, you’ll get the price list? Yes. Or if you have an issue with your ira, I’ll hand deliver it to you. I go through all of them to make sure all of them get to your people.

But the ones that where they’re like their whole IRA is under attack, I send those directly to you. But you have such good. They all go directly to your good people. So don’t worry about getting somebody really good helping you out. Well, and, and my only all I ask from the people who were helping is if, if it works out well, send Sarah a note. Let her know. Yeah that it worked out well. That’s all I care about because I will always be straight with you. Sarah, I’ve always told you I admire the heck out of you, not only because we’re both from Minnesota, but you’re courageous.

You’re lovely, you’re honest, you’re everything that people should aspire to be. Do the right thing, work hard, be courageous and look out for people. So it’s my honor to be here and I thank you very much for the trust. I’ll never let you down. You have my word. Thank you, Andy. And you have a great day. Thank you so much for joining us. You too, Sarah. Talk to you soon.
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