Latest / Man in America Podcast / Martin Armstrong: MASSIVE Civil Unrest Coming in 2024 & All Crypto Will Be SEIZED

Transcript

Martin Armstrong: MASSIVE Civil Unrest Coming in 2024 & All Crypto Will Be SEIZED · Man in America Podcast

• 1:33
  Seth Holehouse: Ladies and gentlemen, welcome to Man in America. I'm your host, Seth Hullahaus. Today, I've got one of my favorite guests. It's the guy that I can just ask any question and get really incredible answers I'm not hearing anywhere else, and that's Martin Armstrong. And if you're not familiar with Martin Armstrong, I just recommend you looking into him.
• 1:54
  There's a documentary produced about him called The Forecaster. Just a a truly brilliant man. Mean, this is the guy that consults governments and central banks and they bring him in for significant major things. He's a guy that was up until the, I think late nineties, he was vetting the presidents to make sure that the potential presidential candidates actually knew how the world economy works. And so, actually I just finished this interview.
• 2:19
  I'm doing the introduction now afterwards. And we went into some crazy topics. We're talking about civil unrest around the election, what his models are showing about the twenty twenty four election with Trump versus Biden, which is really interesting. He also goes and shows what his models were showing in 2020, '20 '16. So looking at those, it's like, we're heading into some crazy times.
• 2:41
  We get into pretty heavy in the central bank digital currency, the seizure of cryptocurrencies, which was really interesting to kind of hear. And there's a lot of people that are watching the show might be interested in cryptocurrencies or, but you just, you should look at what he has to say about them. We talk about precious metals and their role, the collapse of governments. I mean, it's just folks, it's a wild ride. So folks enjoy this interview with Martin Armstrong.
• 3:09
  Before we jump into it, make sure you're following me on social media, make sure you're especially subscribing on Rumble. I'm currently on strike right now with YouTube because of the G Edward Griffin show I put up. So I can't publish on YouTube. So just make sure you're following me on Rumble or all the podcast platforms as well to search for man in America. All right, folks, let's dive right into the interview with Martin Armstrong.
• 3:34
  Martin, it's great to have you back on the show. Thank you so much for taking the time to be here with us.
• 3:41
  Speaker 2: It's always a pleasure. Glad you invited me.
• 3:44
  Seth Holehouse: Absolutely. Absolutely. So there's so much to talk about, and I've got a giant list of questions I prepared in advance. I came came ready. How about we just just talk about more of the immediate the next year?
• 3:58
  We're heading into an election year, which is typically when all the crazies come out and all the wild stuff happens. What are your thoughts on what's gonna happen in 2024? I mean, do you think we'll actually get to a point where we can have an election, or do you think something will happen before then? Or what do you think is in the playbook for this upcoming election?
• 4:21
  Speaker 2: Well, our computer has picked the peak in the economy for May year. And that's six months ahead of the elections. Now what I wanna point out with this is that all these indictments against Trump are really very, very serious long term for the country. Just I mean, you take the Florida indictment, for example. The people don't realize the judge was questioning why he used the grand jury in Washington DC and then charges him in Florida.
• 5:07
  Okay? This is the first time that's ever been done. It's called venues, you know, basically shopping. You know, they would do that with a criminal charge. In other words, where's the best place I can get, you know, the most conviction?
• 5:25
  Like, they they put that one terrorist on trial. They put him on in New York because they thought they could get a a death penalty, and they didn't. You know? But that's what they do. They shop around.
• 5:38
  Now this is very serious because in law, that creates a precedent. So now if they want to come after you, they could find a jury in Southern California to indict you and then and then haul you in the court in in Virginia. I mean, it's absurd. I mean, it's actually what the the king used to do and what we revolted against. He would charge you in in, basically, in London for a crime you did in The United States.
• 6:13
  And then because the US jury would never find you guilty because it was political, they put you in a boat and ship you over over to London. That's what the whole sixth amendment is about because you're denied the right to get witnesses. I mean, the place of where the crime is. I mean, it's it's absurd. It'd be more or less like saying that putting you on trial for murder basically in The United States for one that took place in France is saying, well, you bought the bullet over here.
• 6:45
  You know? It's it's just you know, once you do that, it it's you're opening Pandora's box. And the second part of all the problem with these Trump indictments is that all these prosecutors are talking to each other. I mean, they're conspiring to interfere in the twenty twenty four election. And, you know, the Democrats, in all honesty, Biden should pardon Trump because the way politics works is that, okay.
• 7:18
  Fine. You did that to us. Now we're gonna do it to you. You get a bunch of Republican prosecutors, and they start hauling in Hillary and everybody else. You know?
• 7:27
  It's you you you completely break down the rule of law, and you're using it for political purposes. And that's, you know, extremely dangerous. What makes us I mean, all the, you know, clients I have from outside the country, they're go they're, like, baffled. They're going, what's going on in The United States? You now officially have been out of republic.
• 7:50
  You know? It's you don't use the law in this in this matter, and it's really quite absurd. And, honestly, if my concern is also that Trump's lawyers are selling him down the river. And the way the government does that is that, you know, if you don't cooperate, suddenly the IRS is at your door, you know, and this is how they retaliate with all the different agencies. I had met former executive VP of of the New York Post who they put in prison for eighteen months supposedly for hiring a shadow employee that didn't show up.
• 8:37
  You know? And then they convert that into money laundering or something something like that. You know? And he explained to me. He says, look.
• 8:45
  This is the way it goes. They call you. They say we have a favor. We want you to, you know, kill a story or twist it this way. And if you don't, they come after you.
• 8:57
  That's why a lot of people suspected the journalists that Snowden initially was talking to in California suddenly, you know, drove into a tree and killed him. You know? I mean, it's there's too much of this behind the scenes shenanigans are going on, and it's both sides. I mean, this is basically the deep state. I mean, the neocons that we everybody's starting to talk about, they're on both sides.
• 9:25
  They're not just Republicans or Democrats. And I I know some of them. I knew Bill Crystal. I mean, he used to be in the White House as chief of staff for Dan Quayle. Now he's advising the Democrats.
• 9:38
  You know? They go to any place they can to get war. That's basically what's going on.
• 9:44
  Seth Holehouse: And so you you think that they'll just keep layering on these indictments and that that they're basically trying to put Trump in jail as a way of interfering and stopping him from running in 2024?
• 9:58
  Speaker 2: Yeah. They got all these trials scheduled before the election to to they're desperate to keep him out. And gotta say this, that I've met so many heads of state. I mean, I was good friends even with Margaret Thatcher. She, you know, authorized the Falklands war, etcetera.
• 10:26
  I had gone to Trump's Mar a Largo for dinner in March of twenty, I think it was. And he was the first head of state that actually impressed me. He said that he wanted to pull the troops out of Afghanistan, but what the press didn't say why, he said he was sick and tired of writing letters to families to say your son died. For what? He said, for God, countries.
• 10:54
  What are we doing there? We're fighting over borders that they've been fighting over for a thousand years. What difference are we gonna make? And then you had John Bolton come out. Oh, this is outrageous.
• 11:06
  I mean, John Bolton would would effectively invade Canada to get one Russian. You know? Mean, he was the first head of state and probably because he was not a career politician. He actually considered the people to actually die on the battlefield. Whereas everybody else that I've ever met in my forty years of dealing with these people, never once did I ever hear anybody say, you know, anything along those lines.
• 11:37
  It's like, oh, we gotta beat them. We gotta do it's like it's a football game. So, I mean, when Iran shot down the the unmanned drone, Bolton immediately said, oh, we have to go in and and attack Iran. And Trump said, no way. It was there was nobody dead.
• 11:56
  It was an unmanned, you know, drone. That's it. And but this is the way they are. They they just love war. And, I mean, people you know, you probably heard the headlines about Niger.
• 12:11
  They don't know what really is behind that. Why did Victoria Newland, the queen of new neocons, jump on a plane and run over there? Because the neocons blew up the Nord Stream pipeline to cut off Russia. Germany didn't say a word because they were doing a pipeline from Nigeria, and it goes through Niger, by the way, to bring gas to Europe. So when the coup happened over there, they shut down the pipeline.
• 12:44
  So now all of a sudden, the promises that they made behind the closed doors to Germany, keep your mouth shut, don't worry about it. We're bringing this to you from Africa. All of a sudden, that's, you know, maybe not gonna happen. So, I mean, there's you know, I was getting some people, why are they going to a who cares about a Niger who very few people ever heard about in the middle of Africa? I said, because a pipeline goes through it.
• 13:12
  That's the whole issue. There there's always something else that you have to look, you know, pick up the rug and look a little bit closer. But, I mean, this is what's going on. And my concern is is that they have so disrupted the twenty twenty four election. And they would not do this if they already didn't have to fix it.
• 13:38
  And anybody who thinks that the last election wasn't rigged, you're a fool. The CIA can rig anything they want. They rigged other elections around the world as you know? I mean, US interfered in Canada to make sure that Trudeau won. I mean, you had Obama actually made a statement against brick you know, Brexit, and, the British took that as very negative.
• 14:04
  How are you coming here and telling us how to vote? And Brexit won. But he was like, out there, oh, you can't do this and all this other kind of stuff. What right do we have to tell other countries how to vote? But, you know, this is this is the arrogance of the people, you know, in the neocon center in Washington DC.
• 14:25
  They think that they can rule the world, and that's what they really try to do.
• 14:30
  Seth Holehouse: Folks, I got a quick message for you. So as you're gonna see later in this interview, especially we go heavy into Martin's thoughts on precious metals, but also I think even more importantly, the Central Bank digital currency and how he thinks the rollout of the CBDCs will basically roll out and what it will look like and how he thinks it could be as early as I think it's second quarter of next year where they might just flip a switch. And at that moment, funds basically get converted to do essentially two digital currencies that are controlled and centrally programmed. The assets such as cryptocurrencies could very well be seized. We talk about that.
• 15:11
  And overall though, that point, cutting off the ability to buy gold and silver anymore. And so, one of the big takeaways from this interview, and I'll do a recap at the end of it, is really that it's physical assets or where you're going to be safe. So, food, ammunition, land, property, the items like this that you can put your wealth into that are much more difficult for them to see, either try to convert into something that's a digital form of it that they can then gain control of, but also silver and gold. This is something that I believe very strongly in precious metals, they're outside of the system. If you can, you can, you can hold them personally.
• 15:54
  As we get into what happened with the seizure of the gold in 1933 and why that wouldn't work or how that could work in modern day. So again, you might have your different investment vehicles, which is fine, but I just, folks, genuinely recommend what I'm doing. What I tell my friends and family to do have some of your assets in physical gold, physical silver right now. I recommend physical silver, but have some of your assets into physical and do precious metals. If you have someone you're working with already great.
• 16:24
  There are a lot of people that are ripping off a lot of Patriots. Unfortunately, I've talked with them in previous shows. If you don't have someone you trust and you're looking for someone you can personally, I highly recommend my good friend, Doctor. Kirk Elliott. He's a strong Christian patriot.
• 16:39
  He's got a double PhD in both economics and theology, which is pretty incredible. But he just has, he has an honest business where he is very transparent with his pricing. You can buy gold, silver, precious metals of all kinds. They do IRA transfers. They do the whole nine yards.
• 16:56
  So if you're looking for somebody you can trust, I highly recommend Doctor. Kirk Elliott. So to learn more about this today, go to goldwithseth.com. You scroll down, there's a simple form there you can fill out. That's goldwithseth.com or just call (720) 605-3900.
• 17:16
  Again, goldwithseth.com or (720) 605-3900. And so if Trump does make it to 2024, he's not, you know, behind bars and he can actually participate in an election. It's, you know, obvious they'll be I I agree that they stole 2020 and they will attempt to steal twenty twenty four, but a lot of things have changed since 2020. A lot more people are much more aware. There's a lot less trust in the mainstream media that really helped maintain the lie that Joe Biden won fair and square.
• 17:51
  So do you think that in 2024, if Trump can actually run, that they'll be able to get away with stealing an election?
• 18:01
  Speaker 2: No. I mean, our computer is showing that there's gonna be massive civil unrest after '24. I don't think anybody's gonna believe the results. And legally, Trump could run for president from a prison cell. Okay?
• 18:17
  That does not prevent him from running. What they have thought was that they will destroy disrupt his ability to even campaign. And, look, this is the old thinking process that if you, you know, you you basically slander somebody, nobody else will listen to them. And it's having the opposite effect. I mean, here he is with four indictments and everything else, and he's still the leading candidate in the Republicans.
• 18:54
  It's backfiring on them. And and that's my concern because I think that, honestly, these people are so desperate. Trump is probably actually the best for the job at this point because now he understands what they are. And at that point, he's also the greatest risk for them. So I would not put it past them for even assassinating and blaming it on some Mexican or something.
• 19:22
  You know? They can't afford to allow him to go in. He would shut down World War three. He would start firing all the neocons again. And, look, you know, this is this is what we're fighting for, really.
• 19:40
  It it's for the, really, for justice and liberty for all. And they have been showing that that does not count. So, you know, our computer basically shows that although Trump should win and I published our computer forecast. I mean, I was shocked because it projected a win at, like, 61%, and which hasn't happened since 1920. And even the twenty twenty election, our computer had projected it would be a closer race.
• 20:18
  And going back to the twenty sixteen one, out of four models, three were were all for Trump, and the and the fourth one was a tie. That was it. So, you know, that started the whole thing with Hillary blaming Putin and all this other kind of stuff. And and how many tens of millions of dollars have we wasted on the Russia gate that she just made up? But it should be pointed out that it was John McCain who was the the godfather of neocons.
• 20:52
  He's the one that handed Hillary's fake report to James Comey at the FBI to make it look like it was, you know, bipartisan. But that's what I mean. You know, they call them rhinos, but they're they're really neocons, and they really do not care. They just want war, and that's all they ever want.
• 21:11
  Seth Holehouse: And so the civil the massive civil unrest that you're seeing in, you know, the end of twenty twenty four and 2024, what does that what does that look like? What do you foresee happening potentially?
• 21:27
  Speaker 2: Well, I think we're gonna have civil unrest. Look, the even you take the the inflation, which is really for the average person probably becoming the number one economic issue, that was set in motion by locking everybody down. You created shortages. I mean, I had ordered a a refrigerator, and it couldn't come in. And I said, what's the problem?
• 21:59
  They said, oh, well, the chips come from Thailand. You know? And, I mean, to this day, you go to the store and there's still some some things that are missing. And so when they are there, you buy twice as much. That's really what, you know, helps to spark inflation because it forces us to start hoarding things.
• 22:18
  And so the the odds of the Federal Reserve ever getting inflation back to 2%, you know, I think is, you know, somewhere below aliens landing and and asking us to join. You know? It it's just not gonna happen. And you have to understand central banks. And, I mean, I've met with many of them.
• 22:47
  I've talked with them. And and this is it's a it's an interesting thing. They they cannot speak freely, and you have to listen very carefully to what they're trying to say. At the end of Powell's speech, he says, and international considerations. Now what does that mean?
• 23:08
  It means, basically, the number one factor in creating inflation is always war. It was Vietnam that broke Bretton Woods. And he's politely saying, you guys are spending too much money on this stuff with Ukraine. You're it's a black hole. And the more money you create and dump into there, that basically just keeps increasing the inflation.
• 23:37
  So that's what he meant an international considerations. And all these people look at OCPI, which is is been politically manipulated my entire life. Well, I would say at least in '77. And and people have to understand. Before '77 and Jimmy Carter, every agency had to go before congress and present their budget, and it had to be renewed or, you know, granted annually.
• 24:10
  He put the country on automatic pilot. So you automatically got what you had the last year and was indexed to CPI. So when the CPI for 1980 went up to, like, 17%, these agencies were getting truckloads of money that they didn't need. And so I had even met with the treasury back then. I said, guys, this is nuts.
• 24:36
  You're gonna, you know, double the national debt by the end of the decade. And, I mean, a three year old with a pocket calculator could have made that forecast. And they simply said to me, yes, Marty. We understand, but we'll be paying with cheaper dollars. And I said, alright.
• 24:54
  Fine. I guess you guys know what you're doing. And and that was in 1981. The central banks will not and cannot come out and criticize the government, and they also cannot criticize each other. I mean, I was called in by China for the ninety seven Asian currency crisis.
• 25:20
  I met with the central bank, and the capital flows had shifted. And they were all trying to get into Europe for the euro in 1998. So all the money was leaving Asia, creating a a currency crisis over there and was moving in the opposite direction. And that was what we were forecasting. And when I met with the central bank, they said, oh, you're doing a fantastic job.
• 25:42
  You know? You're right. This is what's causing it. And I said, well, why don't you, you know, come out and and confirm it, please? And they said, oh, we can't come out and criticize another central bank.
• 25:54
  And that was China, and they were just getting into the game. So they knew the rules right away. So you're not gonna find the Fed criticizing ECB or ECB. I mean, you know, they all keep their mouths, you know, pretty much closed and publicly, and they'll talk only behind the curtain.
• 26:15
  Seth Holehouse: Yes. It's a it's a small circle that that protects one another. So you think that, you know, regardless of what they're telling us about inflation numbers and CPI, that it's going to continue to get worse and spiral out of control. And that's gonna lead to more civil unrest and then other things coming on as we get towards the election that it just reaches more of a boiling point.
• 26:41
  Speaker 2: Yeah. I mean, our computer also has projected that this year should be the low in, like, natural gas prices. Everything seems to be heading back up into '25, And you can't just keep throwing all this money into Ukraine. I mean, it is a black hole. And it's all done basically by the neocons.
• 27:08
  And and, again, the mainstream press will not report, but Victoria Newland, who's the number two there in the state department, is the queen of the neocons. And it just so happens that she's Ukrainian, and she hates Russia. So she will go to every extreme to to try and, you know, basically conquer Russia. I've seen them. They've even drawn up maps of how to to carve up China to to how to carve up Russia.
• 27:41
  And many people over the years have tried to to conquer Russia because it's the richest nation in natural resources. Most people don't realize, but they actually had the largest official gold reserves in 1917 of anybody in the world. And when the revolution was taking place, there were people there in the government that took the gold reserves and they hid them, and they have never been found. Some people think they buried them in a forest someplace. Others people think they dumped them at the bottom of a of a lake, but they have never been found since 1917.
• 28:24
  But it it's the world's largest gold reserve that ever existed. Nobody talks about that one either. Interesting. They just didn't want the bullshit dick to get ahold of it.
• 28:39
  Seth Holehouse: It makes sense. It makes sense. And so with looking at the economy, you probably saw recently Michael Burry. Right? The the most, you know, kind of people like me know him because we saw a movie about him, The Big Short, which described, you know, him basically shorting the housing market and what you saw what happened there.
• 28:57
  So he, it was recently revealed that he, from my limited understanding, kind of placed a lot of money bet against the stock market. Right? So pretty strong bold move in saying that the stock market will probably come down potentially heading into a crash or something like that. What do you see happening? So last time I had you on me, you talked about it, kind of going into the depression at some What do you see happening and what are your models telling you about what the economy is gonna be doing over the next couple of years?
• 29:35
  Speaker 2: Well, the stock market is basically declining because of a lack of confidence right now. And and part of that's the Trump indictments and stuff. And but that's probably gonna bottom out by January. I mean, where where people like him you know, the problem with their analysis is that they just look at a single market and the trade. You know, they look at the facts from 1929, but that's it.
• 30:10
  They don't go beyond that. You know, they they pull out charts as the LLC went down 90%, and that's gonna happen again. The difference was The US had a balanced budget. The rest of the world defaulted in 1931. That's what took down, like, 9,000 banks.
• 30:29
  All the you can buy them on eBay. I mean, they're European, you know, basic bonds that they're permanently defaulted on also from from China. They're all available on eBay. They defaulted on on sovereign debt in 1931. So all the money was coming to The United States.
• 30:51
  That drove the dollar up to record highs. Our politicians didn't understand what was going on. And even Herbert Hoover, if you read his his memoirs for 1931, he says he characterized it very well. He says capital was acting like a loose cannon on the deck of a ship, shooting off in every which direction so fast we couldn't form a committee quick enough to figure out what was going on. And it all came to The United States, and that drove the dollar up dramatically.
• 31:27
  Now it had two major impacts. One, our politicians were looking at, well, everybody's wheat is cheaper than ours, so it's so they went into a protectionist mode. And it was all currency. Secondly, that's what why FDR confiscated the gold. There was an economist.
• 31:56
  They they called them the the agricultural economist. But he pointed out to to FDR that once Britain had left the gold standard, the Great Depression ended there. So he argued that is the example in the way out. And so that's why Roosevelt basically confiscated the gold first because it was at $20.67. Then once he got it in from all the institutions, then he he devalued the dollar and made it 35.
• 32:35
  He funded the whole operation of the New Deal by doing that. But in each case, both were caused by the sovereign defaults of '31, which pushed the dollar up. Now you have to ask yourself this question. I mean, these people are talking about a great crash or whatever. If the stock market crashes, capital moves to government.
• 33:01
  They go to bonds. They call it a flight to quality. Are you really interested in buying government bonds today? The governments are the ones that are a problem, not the private sector. So, yes, we see the the stock market coming down.
• 33:19
  It's it's gonna retest support. But as far as a crash and and end of it, no way. Once the people realize, and I I think the twenty twenty four election is part of this problem, that the confidence in government is just simply collapsing. And as that happens, you run into anything that is private. The same thing happened with the the German hyperinflation.
• 33:47
  They bought art, they bought antique coins, stamp collections, real estate, you name it. And the new currency they created out of that in 1925, they didn't have any gold, so they backed it with real estate. And that the people accepted. But you have to understand that these things are like a football match. One, you know, roughly fifty two year period, it's governments, you know, in power.
• 34:22
  And then after that, it's the private sector. I mean but, you know, both go to extremes and both crash. This time, it's the government that's crashing. So I would not recommend listening to this stuff, running out, buying government bonds, or whatever. I mean, some people go out and buy the gold, and that's, you know, still the private asset.
• 34:47
  But, you know, you don't you know, the your big institutional money, you can't buy gold like that. And so, you know, though they have to go into shares or something like that, private debt.
• 35:02
  Seth Holehouse: Well, I have a quick message for you. As we're talking about, as Martin is predicting, and as I also foresee happening, a lot of unrest. One of the biggest questions I have for you is if there is social unrest, if things really hit the fan, if you can't just easily go to the grocery store to get your food, how much food do you have in your home for every person in your household? Do you have a week, two weeks, month, three months? Look, I would recommend having at least three months worth of stored food for every individual in your family.
• 35:32
  You also want to have water, you want to have medical supplies. Those are also things that I get into in some of the prepping shows I do, but your basic, the foundation of your preparations should really be a storable food. Now there's a lot of companies that make various store foods. They have food buckets. Now a lot of them, what they do is they put in a bunch of cheap stuff to make it really inexpensive.
• 35:52
  They can say, look, we're the lowest price per calorie, but you're actually buying some sugary drink mix, and some cheap oatmeal. So the company that I've found that I've had purchased that I'm confident in is because heavens harvest It just heavensharvest.com. So it's heavensharvest.com. They got the incredible high quality, even organic, if you want it, storable food that lasts for up to twenty five years on a shelf, which is really important. They've got seeds for your gardening, heirloom seeds you can use year after year.
• 36:22
  And again, heavensharvest.com, do an audit, ask yourself the same question. If you cannot buy food anymore, how long will your family get by being, before being forced to go into sort of government bread line or something that would probably gonna require your vaccine certificate and who knows what. So again, heavensharvest.com. And when you use the promo code Seth, that's Seth S E T H promo code Seth, you're gonna save 15% off of your entire order. It's heavensharvest.com.
• 36:52
  Speaker 2: But it's also why you see capital, you know, fleeing the grid. I mean, over a trillion dollars is have left the banks. Where did it go? I can tell you down here in Florida, I get two to three phone calls a week. Gee.
• 37:11
  You wanna sell your house? No. No. Thank you. You know?
• 37:15
  And I know realtors locally, houses that are, like, one to five million dollars are they're selling for cash. People are just coming down here and buying whatever they possibly can. And the Census Bureau even confirmed that, that where is all the wealth moving to? It's moving to the South. So the biggest tax revenues are starting to come from, you know, from the South rather than the North.
• 37:48
  You go down, you know, Fifth Avenue. I mean, how many stores are are still closed and vacant? San Francisco. I mean, everybody's leaving. I mean, they they won't be able to buy anything other than from Amazon.
• 38:02
  That's about it. And they better grab their package off their their front step, you know, right away. Otherwise, somebody will steal it. It just turned into a complete zoo out there.
• 38:14
  Seth Holehouse: And so
• 38:14
  Speaker 2: People in Florida are quite upset because Nancy Pelosi was down here in Naples looking at property. They're going, oh, you just you destroyed San Francisco, and now you wanna come and live, retire in in with, you know, Bonner on the beach down in Naples.
• 38:32
  Seth Holehouse: And and so, basically, it's it's helpful to understand this. So that, you know, private and government, right? You have your private sector, stocks, precious metals, real estate, etcetera. You have government bonds, the central banks, the sovereign debt, the government side. So basically what you're saying is that everyone's ill people are focused on what the stock market's doing, but what you're seeing is no, it's actually, it's sovereign debt crisis.
• 39:01
  It's the governments themselves that are going under. So what does that look like? It's easy to imagine a stock market crash. You know, we look back at 02/2008 or back in the eighties and you see there's layoffs and all this. But what happens when the the government is what crashes?
• 39:21
  What does that look like?
• 39:23
  Speaker 2: You wipe out the pension funds. You also wipe out a lot of the banks because the banks, to have reserves, must have government debt. Oh, I see. And the real problem in the banking is really in Europe because they went to negative interest rates in 2014. So just about all the reserves of the government in these banks, they're down 40%.
• 39:56
  They've lost a fortune. And nobody wants to talk about it because, you know, they changed the accounting rules and and, you know, with a wink of the eyes. Alright. Fine. You know?
• 40:09
  It's okay. We're not gonna your capitalization's really legally below par, but it's it's okay. We won't talk about it. And but, eventually, this this is what happens. There there's just no I mean, Powell can can say what he wants to say.
• 40:32
  And but, you know, just look at it this way. When the Fed raises rates, the newspapers say, oh, you know, it's speculation, and and they want us to borrow borrow less. Do politicians ever say, oh, gee, the Fed wants us to spend less so we should cut? No. They you know, it our interest expenditures will probably hit a trillion dollars this year.
• 40:56
  Alright? And I published on our site. We took the interest that they have spent every year since World War two. The entire national debt. We are approaching 70% of the debt.
• 41:13
  It's just past interest. So it didn't go to roads and and schools and helping, you know, orphans and all those other nonsense that they talk about. Oh, socialism, we care. Yeah. Right.
• 41:26
  Sure. Just look at the real numbers. A trillion dollars in interest expenditures. I remember Ronald Reagan came to power. Everybody was freaking out because the national debt was gonna hit a trillion.
• 41:41
  Now we're at at just a trillion dollars for one year's interest payments, and it's only gonna get worse. Because on top of all this stuff, honestly, I I I really think that Dumb and Dumber would have a better shot at running the the world than than what we have in here. Because here you have the neocons threatening to to, you know, support Taiwan against China and and always bashing China. Oh, it's the communist party. Well, they're not really communist.
• 42:18
  They just refuse to change the name. Communism means the government owns everything, and they gave that up a long time ago. But they just don't wanna admit that the communist party was wrong, so they keep the name. But so China's been selling off billions of dollars worth of US debt every month. You know?
• 42:44
  I mean, just look at it. Do you know? If I said, gee, I got a gun, but I don't have any bullets, would you lend me some money so I can buy some bullets so I can shoot you? I mean, this is basically what it comes down to. Oh, you gotta keep buying our debt so we can buy oh, you know, get missiles to to go after you.
• 43:02
  I mean, there is no cohesion behind the the neocons versus the economics. They don't care about the economy. They only care is about war and confrontation. But China has been the largest holder of US debt. Now you're telling them, we're gonna destroy you, basically.
• 43:27
  And how dare you go into Taiwan? So you do not own the debt of your enemy, and that's what they're doing. They're getting rid of it because if they did go into Taiwan, they know what The US would do. They would just, you know, freeze all their debt, and they would get nothing. So the problem here is interest rates can only go higher.
• 43:55
  You're telling China, the biggest buyer, we're going to attack you. So China is no longer buying. They're selling. That means the supply of debt that we're pumping out, who's gonna buy it? They're reducing the the the the purchasing power of the very people that have funded it.
• 44:20
  So and then what they did to Russia was nuts By putting in the sanctions and taking them out of SWIFT, that was you know, they never considered. I mean, that was choreographing to the world. You either do as we say or we're gonna remove you from SWIFT. So China then created their their chip system. Even Iran has an competing system, and they're going around getting a lot of countries to to join because of the arrogance of of The United States under these neocons.
• 44:57
  So they've already divided the world economy. You know, we're not going back to where we ever were. And interest rates can only go higher at this point, particularly when you're constantly increasing the the debt. And as interest rates go up, the interest expenditures go up, you know, sharply, and then you're dumping every, you know, everybody's pension money into into Ukraine. So I I just you know, like I said, dumb and dumber, I think, would come up with a better solution than this.
• 45:35
  Seth Holehouse: And so, basically, with with everyone in China leading the way of just dumping US debt, obviously, in the overall supply and demand, it's gonna become more and more worthless for people to hold, which I think kind of then plays into what you're talking about with the, just the sovereign debt crisis and no one wanting to own our debt. And the fact that all these banks are still stuck owning a lot of these, these bonds, which is going to play to them. So are you saying that, you know, with what we saw earlier this year with the various banks that went under, you know, a lot of times it looked like a lot of it was caused by them holding these different financial instruments that were no longer working for them. And so, do you think that once this accelerates, that we're gonna see this banking crisis pick back up again and that we'll see, you know, maybe a lot more banks failing than what we saw earlier this year?
• 46:31
  Speaker 2: Yes. Largely, particularly, the unsophisticated banks. If you look at the one in California, there was nobody on the board that had any banking experience. They're all political, you know, oh, he knew Obama or whatever. So, yeah, that's good for us.
• 46:51
  I mean, I've addressed plenty of boards in my life, and I've you know, most of them tend to be bean counters and lawyers, and they don't really understand the the business that they're in. And, I mean, look what they did to Steve Jobs. I mean, they just you know, they don't really they just look at it from a black and white perspective and then look at the innovation or anything else that it takes somebody like Steve Jobs to have an imagination and curiosity to create something. So corporate boards have a tendency to become like a communist country that fails. You you cut off your innovation.
• 47:39
  You don't understand even how it functions, and then you cannot compete. They eventually a big corporation will will will die. And this in the same manner that Russia and China Communist parties die. And so what you're looking at here is that also this woke problem where I mean, I get emails from from clients. Their their son is is white.
• 48:07
  He graduate at top of the class and can't get a job because he doesn't fit the the criteria. And you look at the one in California, they just hired a woman to be their risk manager who didn't have the experience. Oh, but we need a woman. I mean, okay. I think you better pay attention to what you're it should be the most qualified person.
• 48:32
  Not I don't care what, you know, gender or color they are. I mean, that's it. And when you start filling slots because you're checking boxes, then you're we're in trouble. And, I mean, you you I mean, you you had the White House bragging that Biden had seven aides that were all either trans they they take the climate change thing as as a more of a religion. I was talking to one the other day.
• 49:10
  Oh, well, the water is up to a hundred degrees. I said, do you realize the three volcanoes have have gone up underwater just off the coast of Sicily? There that's just what we know of. Oh, really? I didn't I I think, you know, you better take a look at what's going on here.
• 49:28
  I mean, you know, it's not everything is c o two. Climate has been changing for, you know, millions of years. Goes just go back to the seventies. The front pages of all the Time magazine said we're going into an ice age. But this is the problem with that standard type of analysis.
• 49:50
  They if it goes up one degree this year, then next year, then they projected out, oh, in fifty years, we're all gonna die. That's like saying, okay, the Dow went up a thousand points this this week. So it's gonna go up a thousand points every week for the rest of my life. I mean, it it doesn't work that way. Everything has a cycle to it.
• 50:12
  And, I mean, markets do I mean, so does climate. So does politics. You know, sometimes we have a republican president, then we flips and we have a democratic president. So if you really look at the numbers, it's only about 10% of the population that decides who's gonna be the president. They're more or less the independents, and they flip back and forth.
• 50:38
  But there's there's at least 40% of the people are democrat and who will always vote democrat regardless. And the same thing on the republican side. So it's not really we decide the elections. It's actually a very small portion. You know, you look at you know, I think Obama won, what, 51% or something.
• 51:02
  I mean, I say you have to go back to 1920 before somebody got 61. I mean, it's, you know, it's they they tend to, I think, abuse what we have. And, I mean, the worst form of government is a republican form of government because we're rep they're representatives, and representatives can be easily bought. It should be more of a direct democracy is what Athens had. A lot of people didn't quite understand it.
• 51:39
  Oh, women didn't have the right to vote. Well, no. Neither did the son. Everybody in the house was represented by the head of the household. He voted for everybody that was there, But it was a direct, you know, should we go to war?
• 51:54
  Yes or no? Women really didn't need the right to vote as long as it wasn't affecting them directly. Once you got into the socialistic stuff, then every individual has absolute right to has to be able to vote. Abortions, nonabortions, I mean, you're affecting somebody's personal life. And that was the problem with Vietnam.
• 52:24
  You know, that you were 18, you're old enough to go die for your country, you couldn't have a drink, you weren't allowed to vote.
• 52:31
  Seth Holehouse: Crazy.
• 52:32
  Speaker 2: That's not exactly democracy. You know.
• 52:34
  Seth Holehouse: It's crazy. One question I had is looking at so you mentioned the the basically, a lot of money leaving the the government sector, leaving the banks, going into private assets. You know, we've seen some movement with gold and silver, but they still seem very suppressed. When this really starts to kind of kick off, what what do you see or what are your models seeing about precious metals over the next couple of years?
• 53:03
  Speaker 2: Yeah. No. They will take off too. I mean, the problem with precious metals is that you have a lot of shills out there that just put out propaganda. Oh, gold goes up because of inflation.
• 53:17
  Well, you know, gold went down for nineteen years, and the national debt was going up for nineteen years. You know, they they they put out things that are just nonsense just to try and get people to buy. Gold goes up when the confidence in government declines. Gold bottomed in 1976 at a hundred bucks. It fell from 275 down.
• 53:49
  And it started rising, and then it went from 400 to $8.75 in the last six weeks when Russia invaded Afghanistan. Alright. It had nothing to do with inflation. Alright. And then it went down for nineteen years.
• 54:06
  It's geopolitical. There's more than anything. And because golden time of war, the Romans used to have the Temple Of Janus, and they would leave the doors open during war because the winds of war would pass through, and it was a symbol that we could also lose. You don't know the outcome. The doors would be closed when there were was no war, and now we're secure.
• 54:41
  And that's the way gold basically trades. Whenever you have a war, gold is risen. And, actually, that's what made The United States the reserve of the world because we were bankrupt in 1896. That's when JPMorgan had to lend a hundred million in gold to the US Treasury to bail it out. And by the end of World War one, we had displaced Britain as the financial capital.
• 55:14
  And after World War two, we had 76% of the entire world gold reserves. With tanks running down the streets in in in Europe, you don't leave your money in the bank over there. You move it. And that's largely part of the the strength behind the dollar too. You hear a lot of these people, oh, it's it's got really nothing to do with how much the government spends, inflation, or anything else.
• 55:47
  It it is also geopolitical to to a large degree. When North Korea started shooting missiles off over Japan, my clients in Japan go, you know, maybe you're right. We should get some money over to The States. And it was the same thing you saw in World War one, World War two. The only time we saw capital flow out on a geopolitical crisis was the Cuban missile crisis.
• 56:18
  Then the capital fled The US and went to Europe. It sure seems to try to always get away from wherever the conflict really is, which makes sense. It does. A common common thing. If you got tanks running down the street, you're not gonna leave your money in the bank.
• 56:34
  Seth Holehouse: No. No. You're gonna be you're carrying it or selling it to inside of your clothes or burying it somewhere out in the forest so, you know, you know where it's at. Of course, now, do you think that there could ever be a time again where we have the government that confiscates gold? Like, think it was, what, '33 when they did that?
• 56:52
  Do you think that could happen again?
• 56:58
  Speaker 2: I think the biggest threat we face are the central bank digital currencies. Look. They what this is really about is their power. It has no economic benefit whatsoever. And I'm doing a special report on it because there's a lot that people just really do not know.
• 57:25
  But they did a pilot project in in Nigeria, and they canceled the currency with no notice, which is what they will do. And it turned into riots and burning banks and and mean, you their their excuse is, well, that was extreme because 60% of the economy was underground. They said ours is only 20%. They think by going to a digital currency, it's all about taxes, that their revenue will increase by 20%. You hire a 16 year old girl next door to babysit while you and your wife go out.
• 58:09
  Well, where's her taxes? How did you pay her? You know, you know, a 13 year old kid comes up and he he cuts your lawn and, you know, used to give him $5 or $10 or whatever. And, oh, did he pay his taxes? You know?
• 58:26
  All these things are are the way they look at it. Alright? They they see us, and they really do look at us as scum. They do not believe anybody pays all the taxes they should. They think we're all cheating.
• 58:44
  You had Janet Yellen out there wanting to lower the threshold for eBay to $600. And so, oh, we're after the rich. I don't think Elon Musk is selling a used bike on the on eBay for $600. You know? It's it's absurd.
• 59:01
  But so with the with the these currencies, what they will do is it's all about power. So they will confiscate all cryptocurrency. They will be the ones who decide what you're gonna get for it. I would suspect they will also outlaw buying gold or silver. These things are gonna be programmable.
• 59:31
  I mean, on my side, I've got a clip of of Christine Lagarde from the ECB admitting, yes, that there's gonna be, you know, they're gonna be programmable. So if they you saw you had a prelude to that in Canada. Trudeau froze everybody's accounts who was donating to the truckers. And the social credit score that you see in China is is here. I mean, you know, I know Nigel Farage.
• 1:00:04
  I mean, he's, you know, a good friend of mine. And what they did to him over there, it's starting to he said now there's probably over a million people that they've done that to. They it's called deep banking. We don't like your political views, and and they close your account. So will they allow you to even donate to somebody like Trump or, you know, block that?
• 1:00:29
  That's what's coming. And they may not confiscate gold, but I would not have gold in a storage facility in all honesty. You have to understand how they did confiscate it in '34. All the banks, you know, that had gold, you had to turn it in. They didn't go house to house and say, give us all the gold you got in your sock drawer.
• 1:00:57
  You know? But any official place that had gold in storage, they all had to turn it over. So I would suspect if they were to confiscate gold for money, it would probably be along the same lines, any official storage facility they would go after. Whether it would even still trade in futures is is debatable. But you have to understand what these people are are doing.
• 1:01:36
  Its government is collapsing, and they know it. That's what this whole CBDC is all about. You know, I've I've got a clip I was gonna publish also of of Klaus Schwab. Oh, we all have to accept transparency. And if we have nothing to hide, then we shouldn't be afraid.
• 1:01:58
  That's the same nonsense. And you do have something to to be afraid. I mean, I saw you know, our legal system is so corrupt. It's ridiculous. What they were doing to the to the mafia guys in New York, they would tap their phone and and an FBI agent gets on the stand, and and the phone call is pick up two peaches on the way home.
• 1:02:28
  In my vast years of experience, that's a code word to buy two keys of cocaine. And then the jury goes, oh, he's from the FBI. I guess he's right. You know? And whatever you say, they they can do that to you.
• 1:02:42
  Oh, you know, pick up the laundry. Oh, no. That was the code word for this. I mean and they they lie through their teeth all the time. I mean, just look at all the you know, they were tapping phones on on Trump while he was in office, no less.
• 1:03:01
  Yeah. I mean, all and people don't realize they will do whatever they want to do, and there is nobody stopping them. The the supposed court that was supposed to look over things, they lied to it. That's been that's come out. There is nothing you can trust with these people.
• 1:03:23
  They do not prosecute them themselves. I mean, even in the declaration of independence, that was a complaint. Staging mock trials for killing citizens and protecting his his agents. They would never be prosecuted. That's right in the Declaration of Independence.
• 1:03:45
  We're right back there again. Yeah. We are. History does repeat because human nature doesn't change. We are.
• 1:03:52
  Seth Holehouse: There's one thing I wanted to ask, and we're nearing need of our time. You mentioned the cryptocurrencies, and and there's a lot of folks that are saying that this is the solution to privacy. This is the solution to escape the central bank digital currency. Put your money into Bitcoin or these privacy coins. So you think that that could be almost a trap and that even though it seems like those are private anonymous, that that they'd have somehow some way of confiscating all those funds?
• 1:04:20
  Speaker 2: Oh, absolutely. Look. I mean, back in the seventies, I mean, going into in the early eighties, I was in the gold business. I was probably one of the three largest buyers in the country. All these stores that were selling scrap gold or whatever, it it had to be refined.
• 1:04:44
  There were basically three of us that were buying it from all the stores in the country. We put it together. We we would refine it and then go on. I mean, the minimum lot back then was a hundred ounces. So at $8.75, and it took six weeks to get paid after being refined.
• 1:05:02
  So all these small stores could not afford that. You know, they didn't have that kind of money. You know? The IRS basically walked into me and said, well, our interpretation is you're a bank. I said, I'm a bank.
• 1:05:20
  And you have to comply with all the, you know, reporting of any transactions at $10,000 or more. And he actually said to me, he says, it's a $50,000 fine for everyone when you didn't report. And I looked at him. I said, what are you asking? You just want the keys?
• 1:05:37
  And he says, no. We understand you didn't know you were a bank. I said, no. I didn't know I was a bank. And their interpretation was that gold was money.
• 1:05:47
  It had not been actually, you know, altered in the in the constitution. So therefore, I'm dealing in money, and that meant I was a bank. The state of New Jersey walked in, and they said I should have been collecting sales tax. And when gold was legalized in 1975, senator Ferrand came to me, and he said, would you write the law for you know, the goal is not taxable because it was gonna start trading on futures. I said, okay.
• 1:06:21
  Fine. So I wrote the law for the state and said, is not taxable unless converted to use. I went to court against them. I lost. They wouldn't even allow me to testify.
• 1:06:37
  They said whatever I had in my mind that the senate asked me to write, I may have misunderstood. And their interpretation was somebody bought gold. Therefore, it was an investment use, and that made it taxable. I mean, you can't win with these people. Trust me.
• 1:06:59
  I mean, the cryptocurrency, you have to understand what are they doing. They want total absolute control. Alright? Programmable social credit scores. I mean, this is why would they allow cryptocurrency to be the exit or even gold coins?
• 1:07:20
  I I think that they will block you from buying any gold or silver after they do a CBD, and they're just gonna confiscate all cryptocurrency, period. They they can't if you allow that to exist, then the whole purpose of the central bank digital currency collapses. They lose total control. So why do this? It's all about they know they're losing power.
• 1:07:52
  They have in this mind that you didn't pay that girl, you know, to babysit. So that's the whole problem behind the the economy. And if everybody had to pay, then there wouldn't be a deficit. This is you know? And I've been arguing with them in meetings.
• 1:08:10
  I said, I don't care how much you collect. You'll always spend more. But you know? And then they put, oh, well, that end the all the illegal activity, you know, bank robberies, prostitution, whatever. I said, well, you know, World War two, they gave a girl a chocolate bar and some, you know, stockings, and that was enough.
• 1:08:32
  Well, you're just gonna force this into barter. You know, I got a term turnip and you got some potatoes. Let's swap some, you know, and that's that's where we're going. And I our computer says that it all collapses after 2032. And then we get to restart a new government and new political system.
• 1:08:55
  I'm hoping at that point, it will be more of a direct democracy. We should have the right. Do you wanna you know, shall we go to war with Russia? Yes or no? We're never asked questions like that.
• 1:09:10
  And they just do it, and then they draft our children, and then they go off and they get you know, they're dead and, oh, he died for God and country. No. He died for you. That's basically what what this is about, not for them. I think the oldest surviving veteran from World War one said, all the people that died, he said, we should have just taken the leaders, throw them in into a cage, and said, you settle it.
• 1:09:37
  Yeah. Because that's really what it's about. It's not anything else. They demonize a head of state. They did that to Saddam Hussein.
• 1:09:48
  You can Google Tony Blair's apology, you know, for for the whole Iraq war. Well, we thought we were gonna really free the people. This is the nonsense that they do. They're doing with Russia again. They think, oh, we'll overthrow Putin.
• 1:10:05
  We'll walk in and the and the and the Russians will give us a ticker tape parade. Not gonna happen. It's never happened once. They used that nonsense in Vietnam. They used it in every single war, and it's never worked once.
• 1:10:20
  Seth Holehouse: And so so you think I guess, I mean, it's my final question because we're we're ending, you know, the hour. So so basically, I'm extrapolating this information correctly, that if your models are showing that everything has collapsed by 02/1932, then what that tells me is that this whole agenda 02/1930 and their plan to have us all living under this system where they control, that that plan will fail and that even that will collapse along with the other, you know, other things around the world.
• 1:10:52
  Speaker 2: Well, communism collapsed because it tries to basically destroy human nature. And the the the very thing that creates advances is our curiosity. I mean, even Einstein said if he wasn't curious how it worked, you wouldn't discover anything. And in communism, you're not allowed to have curiosity. We need somebody to, you know, to sweep the floor.
• 1:11:28
  Alright. You're next in line. That's it. Individualism does not exist. Alright?
• 1:11:34
  It's the state that that takes it. I I had a a friend that lived in East Germany, and the day the wall fell, he went and got his father got the this his Stasi file, and he came back and he started punching holes in the wall. He thought his father was, you know, going nuts or something. He's pulling out microphones. In the Stasi file, they were they had his whole house bugged, and everybody he thought was a friend was riding on I mean, I went behind the Berlin Wall.
• 1:12:08
  I saw it myself, you know, before it fell. A friend of mine had had was when he was seven years old, happened to be walking on the right side of the street with his grandmother, so he became American, but the rest of his family was trapped. So I went with him to go see. And his cousin, if anybody was close to us, she would say, oh, the government, this is a They take such wonderful care of us. And as soon as that nobody was around, she'd call them every curse word in the in the book.
• 1:12:42
  It's that's what they want, and that's why communism failed. Alright. You got the nineteen fifty nine kitchen debate with Richard Nixon and Khrushchev showing that, let's see. Our living standards are better than yours because people have the freedom to create things. You come up with an idea.
• 1:13:04
  Oh, gee. This might be really good. That does not exist in the world they're creating. And I know Klaus Schwab. Alright?
• 1:13:14
  And the two of us have been going back and forth since at least 1985. Alright? We did our first World Economic Conference in '85. He copied it and started his in 1987. I mean, everything.
• 1:13:34
  His great reset is our 2032. Marcus Vetter did the the movie on me, the forecaster. He got a producer to hire Marcus to do one on him called the forum. It's just it's been back and forth between us for a long time. You even went out and found somebody with the name Martin Armstrong, I don't know, some headhunter or something, and puts out a note as, oh, Martin Armstrong's part of the WEF.
• 1:14:00
  And I got all these emails. I'm sorry. It's not me. You know? It it's it's been a war between us back and forth for a long time.
• 1:14:10
  He is a a control freak. You you can't you know, god help you make even one mistake in the WBF. It it is extremely regimental, and it's this is is the problem. He's he knows our computer forecast. He just calls it the great reset.
• 1:14:35
  He's trying to push the tree when it falls in his direction, and I don't see that. We're we're going from a a totalitarian type state. We're not gonna go deeper into it. Human nature is going to respond against that. And I think particularly when they they come in with the central bank digital currencies, and they may even do that as sooner than than people expect.
• 1:15:07
  They might even pull that off as early as the second quarter next year before the elections because they're losing ground in every which direction, and they know that. All these indictments against Trump just show how desperate they are. If they weren't worried about Trump, why bother? And, I mean, even you take Kennedy. I mean, the Democrats hate him because he stands for everything against what they're and he's not a politician.
• 1:15:47
  I mean, I was part of the vetting process for picking presidents up until 1999. And it was all about, do you think he's intelligent enough? I was sent in to explain how the world economy really functioned. And it was really a vetting process. Do you think he can handle it, etcetera?
• 1:16:07
  Then all of a sudden, I was told, oh, Fine. We want you to go down to meet Bush junior. Oh, but this one's different. I said, what's different? They said, oh, he's really stupid.
• 1:16:19
  I said, what? They're the ones that picked Dick Cheney and stuck him in. And Obama, you can Google that. He never attended, like, 60% of his morning briefings. They don't want somebody who is, on top of them.
• 1:16:39
  And they especially do not want anybody who's not from Washington. Even when Reagan was elected and I was down there in Washington, they were beside themselves as, oh, gee. We're gonna have to train him. I said, what are you talking about? Oh, he's a governor.
• 1:16:55
  He doesn't know how it works. That's why you had, you know, John McCain handing Hillary's fake brief to Comey. They don't care. It's not Democrat versus Republican as long as you're from the swamp. That's it.
• 1:17:12
  And so Trump, he's he's the biggest threat to them, and that's why they're against him. I I think a great ticket would be him and RFK, basically, but they would probably assassinate them both. They don't do not like anybody who is not there from Washington, period. That that's the main goal.
• 1:17:39
  Seth Holehouse: Exactly. Exactly. Exactly. Well, Martin, before we sign off, I just wanna bring up your website, which is a great resource that I really encourage people to check it out. It's it's armstrongeconomics.com.
• 1:17:54
  So when people go there, what can they find and what can they get access to?
• 1:18:01
  Speaker 2: It's it's completely open. We don't sell ads. You don't have to, you know, we're not tracking people or anything like that. So we try to make it a public service and even go in there and search for anything. I mean, they've they've been I mean, tons and tons of research and reports have been issued for, you know, for for decades, and you can find stuff there.
• 1:18:29
  Even going back to the euro when the euro was being funded, you know, the like I said, central banks don't like they can't talk publicly. The Bundesbank was giving us all the notes and everything and because they were against the euro, but they couldn't come out and say that. So we put all those reports on. I mean, it's this is it's it's mainly for a public service.
• 1:18:58
  Seth Holehouse: Great, great. Well, Martin, thank you again for taking time with us today. It's always, it's just, I love asking you all these questions and listening because you've got such as well informed answers that I'm not really hearing from a lot of people. So I appreciate what you're doing. I appreciate the fact that we're doing these interviews.
• 1:19:16
  And, you know, as we probably get closer to the end of the year, we'll have you back on again for some more updates. I'm sure that the next twelve months or so, you know, heading into next year are gonna be quite interesting to say the least.
• 1:19:29
  Speaker 2: Oh, that's probably an understatement. I've just been in the middle of all this stuff for for decades, so I know just simply the way it works.
• 1:19:40
  Seth Holehouse: Yeah. Well, thanks again. Take care, and God bless, Martin.
• 1:19:44
  Speaker 2: Well, thank you very much for inviting me. Take care.
• 1:19:48
  Seth Holehouse: All right, folks. I hope you enjoyed that interview with Martin. I mean, he's honestly one of my favorite guests to have on. Now, look, I ask him questions. You know, Martin is not someone that I have any kind of financial relationship with.
• 1:20:01
  He's a very independent thinker. So, when I ask him for instance, hey, what do you think is going to happen with gold and silver? He might come back and say, look, it's worthless. It's going to be, it's going to bottom out. Mean, he has no allegiance to anything like that, but I tend to agree with him.
• 1:20:16
  And this is what I've talked about. It's actually, it's good for me because obviously, I recommended gold and silver in the past. And if I have an expert on like Martin Armstrong, that's saying, Hey, that's a bad idea. That would make me really rethink my recommendations because I don't want to be leading you astray. Now there's also, there's a reason why I've never recommended cryptocurrency because I have always had the same belief that Martin shared towards the end of the show today, that he thinks that once they roll out central bank digital currency, regardless of how private you think it is, he thinks that they will just seize it.
• 1:20:48
  So that's a, that's an important thing to consider. Now, the one thing you talked about with storing precious metals in the repositories, that's something you should consider. Say you've done a large IRA transfer, you didn't wanna pay the penalties or the fees for that. And now that those precious metals are sitting in a storage unit somewhere, storage facility somewhere, maybe in Texas or whatnot, you look maybe not today, but as we get closer to the election next year, if you start to sense that things are getting turbulent in our society, if you're seeing more indicators of a central bank digital currency rollout, if you feel that that switch might be flipped on pretty soon, you might wanna say, you know what, I'm gonna deal with the fees and penalties. And I wanna have that money.
• 1:21:32
  I wanna have that precious metal physically in my hands buried in my backyard, whatever it is. I've had a lot of you folks have asked about the, what happened in 1933 where they seized gold. So it was helpful to hear his response for that. And that's, again, that's what really gives me confidence in this because I'm thinking, yeah, I agree with them. They're not gonna be coming and knocking on your door and looking in your underwear drawer and saying, hey, give me every gold coin that you have and giving this gold necklaces.
• 1:22:00
  I just don't foresee that happening. But when, as we're looking at what's coming and look, I I don't wanna be a fear monger, but I think that, look, we're heading into an election year 2024. I think it's probably the most important election in the history of our country. I mean, this is everything is on the line right now. They stole 2020.
• 1:22:18
  They're gonna become even more brazen in 2024. But as his models are showing the support for Trump, he's showing it 61%, which is way more than what he was showing it was at in 2020. So I think they're gonna get really desperate and they really want to have these control systems put into place. So this is why I talk about having storeable food, having seeds, living in the middle of a big blue city, if that's possible, being closer to land, knowing your farmers, but if you're looking for how to preserve your assets, so again, precious metals and his opinion is what Kirk has also said, it's what I've also thought too, is that when there is blood in the streets, there's low confidence in the government, which our confidence that government is going like this. I think that they've been suppressing and they've been artificially holding down the prices of gold and silver, but I suspect that once this really opens up, that we are gonna see the prices of the values of gold and silver really go up as more people turn to it.
• 1:23:17
  That doesn't even mention what happens if bricks unveils a central bank or sorry, a gold backed currency, which we could also see a massive shift in what's happening with gold and silver. And so look, as we're entering into the next twelve months, my overall motto is just be prepared, be prepared for whatever might come. If you're watching this show, you're already in the 1% of people who are more aware of what could potentially be happening. Unfortunately, a lot of our country, they're still just sleepwalking through life, but a lot of people are waking up, which is encouraging. So if you want to, if you're looking for ways to be prepared financially, again, my recommendation aside from, look, if you don't have any food set aside, don't go and buy silver, right?
• 1:23:59
  Make sure you've got your food, make sure you have your ways of protecting your food, water supplies. But if you're looking for ways of preserving your wealth, best you can and making sure you can make it through whatever this next stage is, my recommendation is precious metals, physical silver, physical gold. It's best if you can hold it in hand, but if you want to put it into a, one of the repositories and have them hold it until you are watching and you say, you know what, things have gotten bad enough. I think now it's time to pull it out. That's another strategy.
• 1:24:28
  Now, if you have someone you already working with, great. I have to warn you though, as we've talked about in the show with Kirk before, there's a lot of companies that are absolutely ripping off Patriots. Now, I'm not naming the names publicly, but you can look at your own invoices. If you bought from some these other big companies that a lot of the other big influencers recommending, if you're paying more than say $30 an ounce for silver, more than a little over $2,000 an ounce for gold. If you look at that and you see they're charging you $50.60, $70 an ounce for silver or 2 and a half, $3.04 or $5,000 an ounce for gold, you are being robbed.
• 1:25:04
  Like that's, there's no way, the other way of putting it. So if you have something you trust, you vetted, you've looked at those invoices, they make sense. Great. If you don't though, the person that I recommend, and this is all I recommend to my friends, my family too. I also personally use is Doctor.
• 1:25:19
  Kirkcalia. He's a good friend of mine. He's a Christian, he's a Patriot. And he's just transparent about his pricing. He says, look, this is a fixed fee that we charge you over spot.
• 1:25:28
  It's very transparent. There's no shenanigans. And that's why I'm confident recommending him. So if you want to explore the option of putting some of your wealth into physical gold and silver, or you wanna have it shipped to your front door, or you put into an IRA transfer, Kirk Elliott and his team can absolutely help you. So to learn more about this, go to goldwithseth.com.
• 1:25:51
  So again, it's goldwithseth.com. You scroll down and you're going see a simple form there. You fill out to set up an appointment with one of his wealth advisors. They'll get a free call to ask you questions already really helpful. No, nothing required.
• 1:26:06
  There are no contracts. It's a free consultation. You can also call (720) 605-3900. Again, 206053900. And one of the things is that folks, whenever you purchase from anyone that sponsors my show, it helps me.
• 1:26:24
  So look, I'm putting this content out for free. I'm not behind a paywall. It's actually, it's the folks, it's you that are actually calling up these people that are working with me, you know, buying their products. That's what helps me stay on air and continue to put this show out because I think this is very important information. And I hope you agree.
• 1:26:42
  Also, if you wanna share this, that's also one of the best things you can do as well because the YouTube, they're kicking me off. They're constantly getting strikes for things. Can't publish for a week or two weeks. So sharing the content really, really helps as well. All right, folks, take care.
• 1:26:56
  Have a wonderful rest of your day.