Latest / Financial Survival Network / Silver Is Repricing the System - David Stryzewski #6366

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Silver Is Repricing the System - David Stryzewski #6366 · Financial Survival Network

0:00
Speaker 1: Unless you're doing eight billion dollars a year in distribution
0:03
Speaker 1: from their nation. They're not giving you a license to
0:07
Speaker 1: be able to export silver. Silver has become that important,
0:11
Speaker 1: especially as you know in the twenty first century here,
0:15
Speaker 1: it takes a tremendous amount of silver to create specifically
0:18
Speaker 1: solar panels. That's the number one use of silver. And
0:21
Speaker 1: China's trying to electrify their nation. I think everyone's trying
0:24
Speaker 1: to electrify. We've got again these data centers AI, they
0:27
Speaker 1: are not slowing down.
0:29
Speaker 2: You are listening to Carrie Let's's Financial Survival Network, where
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0:56
Speaker 3: And welcome you are listening to and watching the Financial
1:00
Speaker 3: Survival Network. I'm your host, Carrie Lutz. David Strzuski is
1:04
Speaker 3: with us and now one of my favorite guests. And David,
1:10
Speaker 3: it's great to have you back on. First thing, we've
1:13
Speaker 3: got to be with a Gary. First thing, we got
1:15
Speaker 3: to talk about gold and silver. I know you're a
1:18
Speaker 3: big metal guy like I am, and you got substantial
1:22
Speaker 3: holdings in someplace in the world. One hundred and fifteen
1:27
Speaker 3: dollars silver be just the beginning, isn't it.
1:32
Speaker 1: I mean, Carrie, what we're seeing right now is structural.
1:36
Speaker 1: This is not a like simple little thing that's going
1:39
Speaker 1: to get pumped up and it's going to be falling down.
1:42
Speaker 1: What we're looking at right now is a massive change
1:45
Speaker 1: and actually a revaluation of physical metals. You know, very specifically,
1:49
Speaker 1: silver has a very important commercial use in the twenty
1:54
Speaker 1: first century. So if we're going to be creating AI,
1:56
Speaker 1: we're going to be having solar panels, we're going to
1:58
Speaker 1: be connecting chips and side out of our cell phones,
2:01
Speaker 1: we've got to have silver in order to be able
2:04
Speaker 1: to connect those chips and so. Unlike gold, which ends
2:07
Speaker 1: up in a vault, silver is consumed sixty percent of
2:11
Speaker 1: it is consumed and like maybe forty percent vaulted. In fact,
2:15
Speaker 1: it's kind of interesting, you know, we've got this gold
2:18
Speaker 1: standard that we've historically looked at maybe that was ten
2:21
Speaker 1: to one, twelve to one, fifteen to one, based upon
2:24
Speaker 1: how much we could find of silver to gold at
2:27
Speaker 1: various times historically. Well in twenty twenty five, I just
2:31
Speaker 1: ran the numbers. Seven and a half to one is
2:34
Speaker 1: actually the real ratio with modern technology that we have
2:38
Speaker 1: here today. And yet we look at that price one
2:40
Speaker 1: hundred and fifteen to fifty three hundred and gold we're
2:43
Speaker 1: looking at about forty six to one still and so
2:46
Speaker 1: this is not even close to actual the real pricing
2:50
Speaker 1: of what's going on. If that's seven and a half
2:52
Speaker 1: to one, silver is used in solar and lockeed missiles
2:57
Speaker 1: and everything else, is it actually even more rare than
3:01
Speaker 1: seven and a half to one, I would argue absolutely.
3:03
Speaker 4: Yeah, oh, no question, Yeah, for sure.
3:07
Speaker 1: Percent Over the last twelve months. I mean, that's been
3:09
Speaker 1: really good for my family. But I believe this is
3:13
Speaker 1: just beginning, and you know, and the world is just
3:16
Speaker 1: waking up to it. In fact, sixty forty doesn't even
3:19
Speaker 1: have an allocation to it, and I think that that's
3:22
Speaker 1: about to change in a very very very significant way.
3:25
Speaker 4: You know. It's amazing, David. I love silver too.
3:28
Speaker 3: I've been I've been stacking for better part of twenty years,
3:34
Speaker 3: and you know, for an individual, I got a nice
3:36
Speaker 3: little horde of it, and it's stashed around the world.
3:43
Speaker 4: But a silver dollar was one dollar is now like
3:49
Speaker 4: close to ninety dollars, you know that.
3:53
Speaker 1: Yeah, here's a here's a is that a round US
3:58
Speaker 1: one dollar ounce? And it's and so a one ounce
4:02
Speaker 1: coin US silver eagle is worth one dollar as a currency,
4:08
Speaker 1: but it's only worth or but it's worth one hundred
4:11
Speaker 1: and fifteen outside of this plus a premium just because
4:14
Speaker 1: we got a mint. It it's not just this paper
4:16
Speaker 1: price thing. But I got Canadian here, I got Britannica's
4:19
Speaker 1: here too, and so you know, I'm a big believer
4:23
Speaker 1: in what we've got going on. But that shows you
4:25
Speaker 1: the inflation. What was a dollar? A dollar was equivalent
4:29
Speaker 1: to a one ounce of silver in the past, but
4:31
Speaker 1: not today. One hundred and fifteen to one tells you
4:34
Speaker 1: what we've actually done to our currency with printing.
4:37
Speaker 4: Yeah, yeah, this is so true.
4:39
Speaker 3: And you know, basically a bag of a junk silver
4:44
Speaker 3: a dollar's worth is worth the over eighty dollars now,
4:48
Speaker 3: I mean, that's what our money has turned into. It's
4:52
Speaker 3: it's quite amazing. I suggest anybody wants to find out
4:57
Speaker 3: more about it, go to coinflation dot com. It will
5:00
Speaker 3: give you the value of every coin minted in the
5:04
Speaker 3: US and Canada other places over the past one hundred
5:09
Speaker 3: plus years.
5:10
Speaker 4: And it's an eye opener.
5:12
Speaker 3: And actually I'm doing a silver report because you know,
5:16
Speaker 3: the media, like you can always count on them to
5:19
Speaker 3: miss the story. What's happening now with Canada and particularly
5:24
Speaker 3: Western Canada is a whole strategic realignment. The US wants
5:31
Speaker 3: what I call the Northwest Resource Corridor, and it goes
5:37
Speaker 3: from the like Montana and the Dakota's, the Northern Great
5:42
Speaker 3: Plains up to Alaska, and that is an area rich
5:48
Speaker 3: in minerals, in gold, silver, oil, Alberta, all of it.
5:54
Speaker 3: And so that's what's being set up here. You know,
5:58
Speaker 3: the whole thing of Trump being an imperialist or whatever
6:02
Speaker 3: he's what he's doing is securing the hemisphere, Frank, whatever
6:08
Speaker 3: is going to come next, which you know something's coming,
6:11
Speaker 3: but the media, like globalist media, can't can't get their
6:16
Speaker 3: heads out of their butts long enough to actually see
6:19
Speaker 3: what's happening here.
6:21
Speaker 1: No, and just to be honest, you know, North America
6:24
Speaker 1: also includes Mexico, and Mexico has a tremendous silver deposits
6:28
Speaker 1: in it, and so again this is a very important idea,
6:32
Speaker 1: including Venezuela by the way, I mean, not only do
6:34
Speaker 1: they have old oil, but they have gold and silver. Yeah,
6:36
Speaker 1: and they were very strategic flow for the black and
6:39
Speaker 1: gray market that was going into China of the metals,
6:43
Speaker 1: and so by you know, that action in Venezuela, we
6:47
Speaker 1: actually slowed that down significantly because they weren't marking to
6:50
Speaker 1: the market, they weren't declaring that these assets were being produced,
6:54
Speaker 1: and so there was a lot of imports that were
6:56
Speaker 1: going in or exports rather from Venezuela to different places.
6:59
Speaker 1: And so you know, even even China and what they're
7:01
Speaker 1: doing right as of January first, unless you're doing eight
7:05
Speaker 1: billion dollars a year in distribution from their nation, they're
7:10
Speaker 1: not giving you a license to be able to export silver.
7:13
Speaker 1: Silver has become that important, especially as you know in
7:17
Speaker 1: the twenty first century here, it takes a tremendous amount
7:20
Speaker 1: of silver to create specifically solar panels. That's the number
7:23
Speaker 1: one use of silver. And China's trying to electrify their nation.
7:27
Speaker 1: I think everyone's trying to electrify. We've got again these
7:30
Speaker 1: data centers AI. They are not slowing down. You and
7:33
Speaker 1: I were talking, you know, a little bit before we
7:36
Speaker 1: just started recording here and we were talking about, well, hey,
7:39
Speaker 1: you know, if there's a multi billion dollar data center
7:42
Speaker 1: that's going in and silver goes up in price by
7:44
Speaker 1: fifty percent, you know, what's the real impact to this thing?
7:47
Speaker 1: You know, fifty million, one hundred million. I mean that's
7:50
Speaker 1: a significant number. But does that mean that they're going
7:52
Speaker 1: to stop the project? Not a chance. This is this
7:55
Speaker 1: is just a cost of doing business. And the reality
7:59
Speaker 1: is is that you know, the paper market, which is crazy.
8:02
Speaker 1: We could talk about that. You know, people that buy
8:04
Speaker 1: just like SLV and they're holding you know, what they
8:08
Speaker 1: believe is just the price ratio on silver. Welly, and
8:10
Speaker 1: I don't want to hold it physically. I want to
8:12
Speaker 1: just you know, hold it on as a stock. Okay, Well,
8:14
Speaker 1: that's an idea. You should be aware though, that there
8:18
Speaker 1: are at least two hundred and fifty claims on that
8:21
Speaker 1: one ounce of silver that's held there physically, to as
8:25
Speaker 1: many as four hundred and eight claims against that one
8:28
Speaker 1: ounce of silver, depending on what we're talking about and
8:30
Speaker 1: the numbers that are actually true. And so the point
8:33
Speaker 1: is is that not everyone's going to be able to
8:34
Speaker 1: get that metal and there's a significant lack in it.
8:38
Speaker 1: So they're able to pump the market based upon these
8:41
Speaker 1: future contracts. And now what's what's incredible is if you
8:45
Speaker 1: look at the futures contracts, we've got anywhere from forty
8:48
Speaker 1: to sixty million ounces of silver coming out of the
8:51
Speaker 1: commeas facilities every single month. And so people aren't trying
8:55
Speaker 1: to buy this on margin. These these these these nations
8:58
Speaker 1: aren't buying on margin. The video is not buying on margin.
9:00
Speaker 1: They're buying They're buying for the actual delivery. And so
9:05
Speaker 1: this is a trend that is not good for the
9:08
Speaker 1: financial markets in certain regards because we're about to see
9:12
Speaker 1: these prices go parabolic and one fifteen is just a start.
9:15
Speaker 1: I mean, Jim Rickards is right. Gold is going to
9:17
Speaker 1: go to twenty four thousand, and by the way, what
9:20
Speaker 1: silver's price at that point, And really that comes down
9:22
Speaker 1: to the gold of silver ratio is a ten to
9:24
Speaker 1: one that they that they valued at I'd be twenty
9:26
Speaker 1: four hundred dollars for silver. So I'm a massive believer
9:29
Speaker 1: in this move. It's just math and it's just a
9:32
Speaker 1: matter of time.
9:33
Speaker 3: I couldn't agree with you more and not just because
9:36
Speaker 3: I'm happy because it's going up. I'm happy that it's
9:39
Speaker 3: going up, but not necessarily for the reasons. But what's
9:43
Speaker 3: going to happen to happen here is that the government
9:47
Speaker 3: is going to say, we don't care what price we
9:52
Speaker 3: have to have it, and then you'll never you won't
9:56
Speaker 3: be looking at or grades. Like one company that I
10:01
Speaker 3: work with, they hit a massive vein up in Canada
10:07
Speaker 3: and they got like five hundred grams per ton of
10:12
Speaker 3: silver and it went up to even like fifteen hundred
10:16
Speaker 3: in certain spots. So that is economically feasible. But we're
10:21
Speaker 3: going to get to the point here, David, where economic
10:25
Speaker 3: feasibility isn't going to matter. How much can they produce
10:30
Speaker 3: as a result of it. I'm skeptical, but certainly they
10:34
Speaker 3: can increase it in the margin.
10:36
Speaker 4: You know, they might only be able to.
10:38
Speaker 3: Increase it ten fifteen percent more. You know, everything is
10:43
Speaker 3: changing here, the financial system's changing, and you know at
10:47
Speaker 3: some point they'll be running campaigns that it's your your duty,
10:51
Speaker 3: your patriotic duty to sell your metal to the government,
10:56
Speaker 3: no thank you price, who knows, And that goal to
11:00
Speaker 3: silver ratio is quickly going to become an irrelevance. See, yeah,
11:05
Speaker 3: look how much silver has gone up. I made the
11:09
Speaker 3: call if you were a subscriber to my sub stack.
11:12
Speaker 3: I made the coal in early May when silver broke
11:16
Speaker 3: thirty two fifty.
11:17
Speaker 4: This was it.
11:18
Speaker 3: Load the wagon, you know, bring the you know, by
11:22
Speaker 3: as much as you possibly can, and don't look back.
11:26
Speaker 4: And it's more than tripled since then. Yeah.
11:30
Speaker 1: I was out in New York last January and basically
11:34
Speaker 1: started the year out doing a bunch of shows all
11:36
Speaker 1: over the place, and I think silver was about twenty
11:39
Speaker 1: nine to fifty per ounce, and I was asked, Hey,
11:42
Speaker 1: what's your annual prediction. What do you think it's going
11:44
Speaker 1: to end at. I said, it'll be above seventy by
11:45
Speaker 1: the end of the year. People like, what above seventy?
11:48
Speaker 1: I'm like, absolutely, And so for all the reasons that
11:51
Speaker 1: we just mentioned, but also just a dovetail off of
11:54
Speaker 1: what you just shared. You know, you can't just go
11:56
Speaker 1: and print more silver specifically, or gold or rare earth minerals.
12:01
Speaker 1: We've got to find these things, we've got to mind
12:02
Speaker 1: these things. And even in a drill baby drill economy
12:05
Speaker 1: where you can cut some red tape, you know, it's
12:08
Speaker 1: still probably six years on the low end, but probably
12:11
Speaker 1: eight years to actually even get a new mine into production.
12:14
Speaker 1: And so it takes tons and tons and tons of
12:17
Speaker 1: rock to mine it in order to get these strategic minerals,
12:20
Speaker 1: and ultimately, we don't have the ability to just you know,
12:25
Speaker 1: pause the clock of needing you know what's going on
12:28
Speaker 1: with you know, next quarters in Navidio chip deliveries. No,
12:31
Speaker 1: we got to actually you know, have this stuff available
12:34
Speaker 1: in order to be able to continue with the production
12:39
Speaker 1: of our economy. And so we've not priced in the changes.
12:42
Speaker 1: We've not priced in what it takes to actually mine
12:45
Speaker 1: these companies. And so that's why, you know, people that
12:47
Speaker 1: are just getting involved for the first time in physical metals,
12:50
Speaker 1: I think that it's important that they would consider actually
12:52
Speaker 1: investing in metal miners. You know, when you look at
12:56
Speaker 1: the ratio of what they own under the ground. I
12:59
Speaker 1: think in many of the cases of silver miners, I mean,
13:01
Speaker 1: don't quote me specifically, but I think it's somewhere around
13:04
Speaker 1: like one dollar per ounce in many of these silver
13:07
Speaker 1: miners for the dollars that are underground, maybe it's twenty
13:11
Speaker 1: dollars on a high end to produce an ounce of silver. Well,
13:14
Speaker 1: here's the point. The input costs haven't gone up nearly
13:16
Speaker 1: as much as the actual value of that which is underground.
13:19
Speaker 1: So I call that a misvaluation. And so if you
13:22
Speaker 1: want to understand what I'm doing personally, I personally have
13:26
Speaker 1: nearly one hundred percent of my entire financial accounts and
13:30
Speaker 1: in companies that I'm investing in actually in metal miners
13:33
Speaker 1: right now because I believe so significantly in the undervalued
13:38
Speaker 1: nature of that part of the industry. Why sixty forty
13:41
Speaker 1: doesn't even have an allocation to it. Why because we're
13:44
Speaker 1: not repricing these ounces that are in the ground nearly
13:49
Speaker 1: to what the price of the above ground is. And
13:51
Speaker 1: so if we continue to trend in the right direction here,
13:54
Speaker 1: which is higher prices on silver and gold, I mean,
13:56
Speaker 1: I'm calling that the right direction because that's his math,
13:58
Speaker 1: and I'm saying that that's going to happen, then these
14:01
Speaker 1: companies are going to be the most profitable companies in
14:03
Speaker 1: the entire world. And so my opinion is they're going
14:05
Speaker 1: to lead the next three years, five years, maybe even
14:07
Speaker 1: ten years of the entire sectors of the market. We're
14:10
Speaker 1: going to get back to manufacturing and having to secure
14:14
Speaker 1: this stuff especially with China's constraint on these assets and
14:17
Speaker 1: the fact that they have such a significant percentage of
14:20
Speaker 1: the above ground assets and the refinery power.
14:23
Speaker 3: And a couple other things. So when you start looking
14:27
Speaker 3: at things strategically, Trump's desire to basically restore order in Mexico. Yeah,
14:35
Speaker 3: it isn't just about drugs coming over. I think a
14:38
Speaker 3: lot of the drugs have been interdicted not happening. Mexico
14:42
Speaker 3: largest producer of silver in the world, that's right. And
14:47
Speaker 3: I've talked to minors in Mexico and you can't ask
14:52
Speaker 3: them out right how much are you paying the cartels
14:55
Speaker 3: to let you produce? But the cartels are getting their
14:58
Speaker 3: cut and write any of these so they'll always say, well,
15:01
Speaker 3: it's safe in our a are you here, or you know,
15:04
Speaker 3: we have the army here or whatever. It's like, I'm
15:07
Speaker 3: not buying it Mexico. That's why it has to be
15:11
Speaker 3: stabilized because of resources as as Canada.
15:15
Speaker 1: You know, so just because you know, I mean, and
15:20
Speaker 1: by the way, Mexico's should be a very close trade partner.
15:23
Speaker 1: I mean, does this mean that at some point in
15:25
Speaker 1: the future that there is like a fifty first state
15:27
Speaker 1: of Canada and maybe Mexico gets adopted to I mean,
15:30
Speaker 1: I could definitely theorize that this could happen and that
15:33
Speaker 1: we have like a North American dollar because we're backing
15:37
Speaker 1: it with the gold, we're backing it based on production.
15:39
Speaker 1: GDP becomes united because we need to strategically align if
15:43
Speaker 1: we more hemispherically become divided, if God forbid, a w
15:47
Speaker 1: W three scenario shows up. But yeah, I've actually been
15:52
Speaker 1: calling this that that Trump will go down to Mexico,
15:55
Speaker 1: He'll start addressing the cartels, He'll start addressing this and
15:59
Speaker 1: making this you know. And by the way, if we
16:02
Speaker 1: deport somebody and we can actually give them a job
16:05
Speaker 1: because we think that they're a good person, and we
16:07
Speaker 1: can give them a job working in Mexico and mining
16:11
Speaker 1: strategically at a specific place, and maybe there's some benefits
16:14
Speaker 1: to doing that, I don't know. I think that we
16:16
Speaker 1: really need to rethink some of those policies and ultimately
16:19
Speaker 1: the strategy of how we are, you know, moving forward,
16:24
Speaker 1: and some of the decisions that we're making here. But
16:26
Speaker 1: there's no question that the world is paying attention now
16:29
Speaker 1: to metals. For the first time. This was the thing
16:31
Speaker 1: that everyone was ignoring and actually in the Western world
16:35
Speaker 1: we've still been ignoring it. And I think that we're
16:37
Speaker 1: about to wake up to it in a very significant way.
16:39
Speaker 1: As I personally believe there's a lot of challenges today
16:42
Speaker 1: in debt markets, which is the bond market, and I
16:45
Speaker 1: very specifically mean the Japanese carry trade, as the Japanese
16:50
Speaker 1: bond is like sitting at three sixty six here today.
16:54
Speaker 1: That's very high, that's very expensive. That unwinds a lot
16:56
Speaker 1: of stuff, that changes the economics for a lot of
16:58
Speaker 1: deals that have been done around the world. And then
17:01
Speaker 1: Europe's got a lot of financial trouble as well, and
17:04
Speaker 1: as well as internal struggles, and they don't have you know,
17:07
Speaker 1: the first or the second Amendment, and in the Constitution
17:11
Speaker 1: to back up the people.
17:12
Speaker 4: I have any amendments.
17:14
Speaker 3: There are amendment free zone there, David, Yeah, that's right.
17:18
Speaker 3: But just getting back to so the borders are a
17:22
Speaker 3: real friction point first aide, and for Canada it's everything.
17:29
Speaker 3: Plus the North American Resource Corridor makes it easier to
17:34
Speaker 3: defend Alaska against Russia. Okay, sure, something nobody's looking at. Also,
17:42
Speaker 3: and the Arctic is there's a power play going on
17:44
Speaker 3: in the Arctic. It's partly due to Greenland. But you know,
17:50
Speaker 3: forget about the media to tell you. So going to
17:52
Speaker 3: the FED, now we're talking pre call, you'd think that
17:57
Speaker 3: a rate cut is not on the table for this meeting.
18:01
Speaker 1: Doesn't seem like it. No, And I mean, let's just
18:03
Speaker 1: be honest here. I mean, Jerome Powell, if he cuts
18:06
Speaker 1: rates a bunch, it's going to be inflationary. If he
18:08
Speaker 1: holds rates high, We've got a massive refinancing cycle that
18:12
Speaker 1: needs to happen, both in you know, personal and residential mortgages,
18:17
Speaker 1: but very specifically in the commercial side of things. So
18:20
Speaker 1: if we just think back to twenty twenty, twenty twenty one,
18:23
Speaker 1: twenty twenty two, we had record low interest rates and
18:26
Speaker 1: so if you were a CFO, it would be a
18:28
Speaker 1: crime for you to not have refinance a paper. You
18:32
Speaker 1: got a ton of debt because it was at such
18:35
Speaker 1: cheap rates. Well, here's the problem with the commercial cycle.
18:38
Speaker 1: Many of those loans are set up on five year terms,
18:40
Speaker 1: even though they pay like it's a thirty And so
18:43
Speaker 1: guess what twenty twenty Well, in twenty twenty five, those
18:46
Speaker 1: loans started coming doe. In twenty twenty one, well, that
18:48
Speaker 1: starts in twenty twenty six, I believe it was. It's
18:51
Speaker 1: between March twenty six and March of twenty seven, is
18:54
Speaker 1: the largest refinancing cycle in the United States history. And
18:58
Speaker 1: so what are the repercussions of this? When I know
19:01
Speaker 1: a bunch of people that do mortgages or used to
19:03
Speaker 1: do mortgages, but I know very few that do actual
19:06
Speaker 1: commercial mortgages. Why it's hard to get any of these
19:09
Speaker 1: deals done. It's a very specialized thing. It's actually business
19:12
Speaker 1: valuation as opposed to just a property valuation, and you know,
19:15
Speaker 1: looking at debt to equity and what you got for income.
19:19
Speaker 1: And so I think that there could be a significant
19:22
Speaker 1: crisis that comes as a result of this, while also
19:26
Speaker 1: you know, taking a look at our own national debt
19:28
Speaker 1: and treasuries, I mean, closing in on forty trillion in debt.
19:31
Speaker 1: I mean, who wants a future ioe you on the
19:33
Speaker 1: irs when we're not backed by goal at this point,
19:36
Speaker 1: I think that you know that that is something that
19:38
Speaker 1: we got to be paying attention to here, and it
19:40
Speaker 1: could cost some hiccups. So harden up your balance sheet,
19:43
Speaker 1: all right.
19:43
Speaker 3: So we're talking also pre call about crypto ethereum, bitcoin
19:49
Speaker 3: and you're very much plugged in.
19:53
Speaker 4: Just tell us your take on where it's heating.
19:56
Speaker 1: Okay. I mean, so what we're seeing right now is
19:59
Speaker 1: we've got a pro blockchain president for the first time.
20:02
Speaker 1: So I mean, just think about where we were last
20:03
Speaker 1: year in January as this guy was taking office for
20:06
Speaker 1: the first time. This is like, now we actually have
20:08
Speaker 1: a direction on where things are going. So I'm a
20:11
Speaker 1: very significant investor in blockchain technology and very specifically I
20:16
Speaker 1: care about real people and how this technology can benefit
20:19
Speaker 1: them in the real world. And so you know, the
20:21
Speaker 1: question is ultimately like how do we take this really
20:24
Speaker 1: cool technology, how do we take this this more efficient
20:27
Speaker 1: way of either transferring money or information, and how do
20:31
Speaker 1: we apply it? And so I personally have you know,
20:35
Speaker 1: a very significant holding in a company that is working
20:38
Speaker 1: with grocery stores at reducing the price of groceries across
20:41
Speaker 1: the board. And this is going to very significantly impact
20:46
Speaker 1: you know, the average family. Why because if we can
20:49
Speaker 1: drop grocery prices by twenty two to twenty five percent
20:52
Speaker 1: for you and that's seventy percent of GDP, well guess what,
20:54
Speaker 1: we got more money to be able to buy and
20:56
Speaker 1: to do things. But the average consumers in big problems
21:00
Speaker 1: right now. And so we've actually applied AI to that technology. Uh,
21:04
Speaker 1: you're going to be able to have smart lists for
21:06
Speaker 1: for how you shop at the grocery store. Hey, I
21:09
Speaker 1: want the expensive items, a cheap list, a hybrid of them. Uh,
21:12
Speaker 1: and then ultimately we can even provide delivery for those
21:18
Speaker 1: groceries at the time that you're coming home. Because the
21:20
Speaker 1: AI has the ability to help you to manage your
21:22
Speaker 1: life in a more efficient way. And so real world
21:25
Speaker 1: application is where you're going to see the value of
21:29
Speaker 1: these these cryptocurrencies. And and I like to think of
21:33
Speaker 1: them more as instead of currency, I like to think
21:35
Speaker 1: of them as the algorithms the technology that that that
21:38
Speaker 1: allow meaningful things to ultimately be done with you know,
21:44
Speaker 1: less efficient systems. And so I've got a bank that
21:47
Speaker 1: will be live here in about three months, and and
21:51
Speaker 1: we do blockchain settlement, We we have custody, we do
21:54
Speaker 1: cross border transfers. There's seventeen primary ways of doing cross
21:58
Speaker 1: border transfers. Swift payments are just one of them. And
22:02
Speaker 1: so you know, we've got an AI technology that helps
22:05
Speaker 1: us to determine, you know, what's the lowest cost way
22:07
Speaker 1: to do that transfer. And if we're open twenty four
22:09
Speaker 1: to seven, three sixty five, you're going cross border. You know,
22:12
Speaker 1: you don't have the cutoffs on the banks at five pm,
22:16
Speaker 1: and it doesn't take multiple days to get this stuff
22:18
Speaker 1: cross border. It's just silly that we're operating out in
22:21
Speaker 1: banking times. And so for those that are out here
22:23
Speaker 1: today thinking about the future, those are out here today
22:27
Speaker 1: trying to dream about where the areas that we could
22:30
Speaker 1: you know, really really change some things. I think that
22:32
Speaker 1: you're going to see a lot of incredible adoption and
22:36
Speaker 1: just far more efficient ways of transacting doing life, just
22:40
Speaker 1: like AI now is integrated into our lives and is
22:42
Speaker 1: you know, helping us to respond to emails and you know,
22:45
Speaker 1: put some notes together and put some ideas together, help
22:47
Speaker 1: us parent better whatever.
22:49
Speaker 3: Write books, hybooks, sure, I mean I wrote the books,
22:53
Speaker 3: but the AI made it so much easier to do.
22:57
Speaker 3: And you know, I'm writing a new book right now,
23:00
Speaker 3: leasing something about a scandal that touches every one of
23:02
Speaker 3: us personally many times per week. And yeah, I wrote
23:08
Speaker 3: the book, but then I was proofing it and I
23:10
Speaker 3: had about fifteen uncommon punctuation errors, tenses wrong and things
23:16
Speaker 3: like that, and man like now, the thing is perfect,
23:20
Speaker 3: the grammar is perfect in it, so can't stress it enough?
23:24
Speaker 3: Well dated, How do we connect with you? How do
23:27
Speaker 3: we find you on the web? Where's your website?
23:30
Speaker 1: Website for our financial advisory firm is my SPG dot com.
23:35
Speaker 1: We are located here in the Greater Seattle area, but
23:38
Speaker 1: we have we're SEC so we are nationwide. I will
23:42
Speaker 1: have an international component to that with the bank, but
23:45
Speaker 1: you know, people can find me on Instagram and Facebook
23:48
Speaker 1: too and all the various ways. But you know, we
23:53
Speaker 1: were I believe that it's really important right now that
23:57
Speaker 1: that people are listening to voices that are going to
23:59
Speaker 1: be in the truth, voices that are going to be
24:01
Speaker 1: able to share the ideas that can actually make a
24:04
Speaker 1: difference for them. And so that's that's our thesis, that's
24:06
Speaker 1: who we are, that's what we're trying to accomplish, and
24:09
Speaker 1: not just you know, towe some line because this is
24:11
Speaker 1: the way things have been done. I think that we
24:14
Speaker 1: need to wake up to the reality of where things
24:17
Speaker 1: are here. And I'll be starting a podcast in the
24:20
Speaker 1: next month that folks will be able to watch, you know,
24:23
Speaker 1: on YouTube, et cetera as well.
24:24
Speaker 3: Right, excellent all right, Hey been great having you on.
24:28
Speaker 3: Questions comments for David myself. Shoot me an email kl
24:32
Speaker 3: at Carrie Lutz dot com. Make sure you sign up
24:35
Speaker 3: on my substack so you get the first to notice
24:39
Speaker 3: when the scandal breaks, which I'm hoping it's going to
24:42
Speaker 3: be next Wednesday when I file my lawsuit and release
24:46
Speaker 3: the book.
24:47
Speaker 4: David. Been a pleasure. We will talk to you again
24:49
Speaker 4: real soon.
24:50
Speaker 1: Pleasure mind, Carrie Blessings, Talk to you soon.
24:52
Speaker 2: Thanks for listening to Carrie Letz's Financial Survival Network, your
24:56
Speaker 2: solution to today's trying times. For the latest, go to
25:00
Speaker 2: Financial Survivalnetwork dot com. Financial Survival Network
25:05
Speaker 1: Now more than ever,