Latest / Financial Survival Network / Understanding Economy with Darryl Robert Schoon #6314

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Understanding Economy with Darryl Robert Schoon #6314 · Financial Survival Network

0:00
Speaker 1: What happened was is in two thousand and seven, I
0:02
Speaker 1: gave a talk and I predicted the collapse of the economy,
0:06
Speaker 1: major catastrophic collapse, all right, and I published a one
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Speaker 1: hundred and forty eight page paper which I put on
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Speaker 1: the web under Survived the Crisis dot com is not
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Speaker 1: I read it, obsess, not there anymore?
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Speaker 2: You read it?
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Speaker 1: Okay, Well it's in the first two months carry I
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Speaker 1: got ten thousand hits from one hundred and twenty five countries.
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Speaker 3: You were listening to Carrie Lutz's Financial Survival Network, where
0:28
Speaker 3: you get valuable information you just can't find anywhere else
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Speaker 3: to thrive in today's trying times. You need the Financial
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0:44
Speaker 3: Survival Network now more than.
0:48
Speaker 2: Ever, And welcome. You are listening to and watching the
0:55
Speaker 2: Financial Survival Network. I'm your host, Carrie Lutz. I'm also
0:58
Speaker 2: the leader of Operation Algorithm Assassin, and the purpose of
1:04
Speaker 2: that is to defeat big Tech on their platforms, make
1:08
Speaker 2: them stop censoring me and so many thousands of you
1:12
Speaker 2: out there. It's not about me, It's about the movement
1:16
Speaker 2: talking about movements. Darryl Shoon is with us.
1:18
Speaker 1: Now.
1:19
Speaker 2: Darryl, you've started a couple of movements in your life before,
1:22
Speaker 2: haven't you.
1:25
Speaker 1: It was all timing, Hey, In fact, Gary, that's what
1:29
Speaker 1: I sort of wanted to bring to the fore. You've
1:32
Speaker 1: been following me for a long time. And what happened
1:35
Speaker 1: was is in two thousand and seven, I gave a
1:38
Speaker 1: talk and I predicted the collapse of the economy, major
1:42
Speaker 1: catasrophic collapse, all right. And I published a one hundred
1:45
Speaker 1: and forty eight page paper which I put on the
1:47
Speaker 1: web under Survived the Crisis dot com is not I
1:50
Speaker 1: read its not there anymore? You read it? Okay, Well
1:53
Speaker 1: it's in the first two months carry I got ten
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Speaker 1: thousand hits from one hundred and twenty five countries, all right.
2:00
Speaker 1: I mean it was people were reading in what I had,
2:04
Speaker 1: what I was talking about gold, the markets, the collapse.
2:08
Speaker 2: All right.
2:09
Speaker 4: Well, when I had done my study of the economy,
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Speaker 4: I really looked at the Great Depression back in nineteen
2:17
Speaker 4: thirty and what people believe, and I think it's true
2:21
Speaker 4: that there were two major factors that set this thing
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Speaker 4: in motion.
2:25
Speaker 1: The first thing was, of course, of Federal Reserve printing
2:27
Speaker 1: money all right, just inflating the economy all right. Britain
2:31
Speaker 1: had a central bank since seventeen ninety five. They kept
2:34
Speaker 1: care of the Golden goose for one hundred and fifty years,
2:39
Speaker 1: became a world empire and managed to survive well. When
2:43
Speaker 1: they saw their empire collapsing, their military costs were too high.
2:47
Speaker 1: They couldn't keep control of their colonies. Their expensive were
2:50
Speaker 1: going up. The bankers knew they had to get out
2:52
Speaker 1: of Dodge and go somewhere else. So that's what they did.
2:56
Speaker 1: They transplanted a carbon copy the back of England us
3:00
Speaker 1: Centum back to the United States the centerl Reserve, private bank, Okay,
3:03
Speaker 1: and that's where they found their home. Well. The difference
3:07
Speaker 1: I had made the point before was that there's a
3:09
Speaker 1: difference between the Brits and the Americans. The Brits are
3:12
Speaker 1: very butt, not tight, very very like that.
3:16
Speaker 4: Americans, you know, Carrie, we're crazy.
3:19
Speaker 2: In your face.
3:20
Speaker 4: Yeah, we do things that other people don't do, okay,
3:23
Speaker 4: and when we have a chance, we go for it
3:24
Speaker 4: what other people will.
3:26
Speaker 1: Sometimes it works, sometimes it doesn't. Risk floridation and risk
3:30
Speaker 1: takers absolutely, and the Federal Reserve reflected that twenty years,
3:34
Speaker 1: the Federal Reserve was in power. Was was was in
3:40
Speaker 1: nineteen thirty. Twenty years later they sent in motion to
3:45
Speaker 1: the Roaring twenties, cheap interest rates. They created a bubble
3:50
Speaker 1: that the British never had. All right, with the same car.
3:54
Speaker 1: It's like they gave us a Cadillac and we're doing
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Speaker 1: wheat donuts on the free way with it. In twenty years,
4:04
Speaker 1: you know, cherry, and everybody's everybody's watching. We're going, we're
4:07
Speaker 1: at the races. In nineteen twenty nine, the bubble popped,
4:10
Speaker 1: It collapsed, and things happen. And then right after that,
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Speaker 1: Hoover puts in the smooth the tariffs and takes the
4:19
Speaker 1: world down into a great depression after our crash. Okay,
4:23
Speaker 1: now here we are twenty twenty five. History doesn't repeat itself,
4:27
Speaker 1: somebody said, but it does rhyme, Okay, and it's rhyming
4:31
Speaker 1: in my head. What I see now is in twenty
4:34
Speaker 1: twenty five we got the tariffs. Holy smarts, twenty twenty four,
4:38
Speaker 1: we had no idea. I mean, year ago, carry not
4:42
Speaker 1: that not. Now they're front and center. Okay, but we
4:47
Speaker 1: haven't had the collapse. Now the collapse I wrote, I
4:51
Speaker 1: predicted in two thousand and eight. Started the year later,
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Speaker 1: I mean in two thousand and seven. It started in
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Speaker 1: September when Wall Street banks collapsed and we were headed
5:00
Speaker 1: towards the crisis, the crises and the total economic catacalism
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Speaker 1: that I predicted back in two thousand and seven. All right,
5:09
Speaker 1: but it didn't have it.
5:10
Speaker 4: Why qt.
5:12
Speaker 1: That's something they had never done before, never ever done before.
5:16
Speaker 1: To me, it's sort of like your toilet not working,
5:19
Speaker 1: and so you've always had to go out and put
5:20
Speaker 1: water in to make it flesh. Well, what the Central
5:23
Speaker 1: Banks did was they simplified it. They took a water
5:26
Speaker 1: hose and stuck it writing in the toilet and kept
5:28
Speaker 1: it on, kept it on so this dancing would flush.
5:32
Speaker 1: And they've had it on since two thousand and nine. Okay,
5:36
Speaker 1: now that's not how toilets was supposed to work. That's artificial.
5:40
Speaker 1: And the boys who are the plumbing boys Central Banks,
5:44
Speaker 1: all right, No, it's really bad for the toilet to
5:48
Speaker 1: have that much water pressure coming in at all for
5:51
Speaker 1: a long period. It's gone over. It's like steroids. Okay,
5:56
Speaker 1: you didn't steroids. They're a game changer and a white
5:59
Speaker 1: changer for a certain amount of time after that. It's
6:02
Speaker 1: why heroin man, you're in trouble. You know, you feel
6:04
Speaker 1: good and then your name all hell breaks through. So
6:07
Speaker 1: that's so what happened is is that after COVID, after
6:10
Speaker 1: the huge amount of money that they put in just
6:12
Speaker 1: to keep us floating, and they did. If they hadn't
6:14
Speaker 1: done what they had done, we would have gone to
6:16
Speaker 1: the drink then.
6:17
Speaker 4: But they floated.
6:18
Speaker 1: But what it did is the water pressure had to
6:20
Speaker 1: be increased. So now they're the FED is trying to
6:24
Speaker 1: decrease the water pressure. Okay, they're trying to decrease it
6:28
Speaker 1: because they know the toll on the system.
6:31
Speaker 4: Well, the rest of the people, we don't. We don't
6:34
Speaker 4: care about plumbing.
6:35
Speaker 1: All we care about is taking a dump and having
6:38
Speaker 1: the dancing work and not overflow on us while we're
6:41
Speaker 1: on the toilet. That's all we care about. We got
6:44
Speaker 1: lives to live. Okay, So there we are taking down
6:47
Speaker 1: happy y'all got man? Yeah, it's all right, we're up
6:50
Speaker 1: and down.
6:50
Speaker 4: But things are wrong.
6:51
Speaker 1: What is going to I read something carried one month
6:54
Speaker 1: ago that stunned me because the collapse I predict it
7:00
Speaker 1: did not happen because of QE. But it's delayed, it's
7:04
Speaker 1: temporary delayed. It's nice steroids. And I always knew it
7:07
Speaker 1: was going to happen. Gold his skyrocket when I wrote
7:10
Speaker 1: my book Goal is a six and a quarter puts
7:13
Speaker 1: it now thirty four through. You know, it's way up, okay,
7:17
Speaker 1: and and and but the collapse still hasn't happened. All right.
7:21
Speaker 1: People look at me like chicken little. All right. They
7:23
Speaker 1: relieved that I you know, when I show up.
7:26
Speaker 2: They were leaving.
7:27
Speaker 1: I was wrong.
7:28
Speaker 4: Okay, I'm like chicken little. Hey, you know, like my
7:31
Speaker 4: timing is off, all right, But.
7:32
Speaker 1: It was because they instituted QT.
7:35
Speaker 4: I've just read last month.
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Speaker 1: A paper from the Bank of America, of all places,
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Speaker 1: the head of their investment analysis, and it's stunned me
7:47
Speaker 1: because what he did, he put what I believe is
7:50
Speaker 1: going to trigger the collapse in a context that was
7:54
Speaker 1: so real. He caught me by the new gies. I
7:58
Speaker 1: usually don't get a lot of insight from them from
8:00
Speaker 1: Wall Street, all right, but they do watch it far
8:03
Speaker 1: greater than I do. And this guy had to me,
8:07
Speaker 1: has his finger, okay if it was called. Trump says
8:12
Speaker 1: goodbye to Rehab and embraces the Golden Triangle. According to
8:16
Speaker 1: the Bank of America partner. Global stock markets are all
8:19
Speaker 1: in until the bonds collapse. What he meant was the
8:23
Speaker 1: Golden Triangle is the heroin center of Southeast Asia, all right,
8:27
Speaker 1: And he said goodbye to rehab. And what he said
8:29
Speaker 1: was this, He said, right now, the markets who watch
8:35
Speaker 1: this know that it's all in, that we're there.
8:38
Speaker 2: We're gonna go up.
8:39
Speaker 1: Why because Trump the economic conditions are faltering, and what
8:44
Speaker 1: the trup what they're gonna do is cut interest rates.
8:47
Speaker 1: They're gonna be forced to, forced to they have to, Okay,
8:50
Speaker 1: and that's all they're waiting for. Years ago I made
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Speaker 1: the observation carry that the difference between the free market
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Speaker 1: and a and a cap market is that in a
9:01
Speaker 1: free market, the.
9:02
Speaker 4: Price of goods and services is determined by.
9:04
Speaker 1: Supplying demand very easy, okay. In a capital market, in
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Speaker 1: a fiat money bank driven market, the price of good
9:11
Speaker 1: and services is determined not by supplying demand as a factor,
9:15
Speaker 1: not much.
9:15
Speaker 4: The overriding factory is a cost of credit.
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Speaker 1: Cost of credit, okay.
9:19
Speaker 4: And you know that housing everything, Okay. Business, you've got
9:23
Speaker 4: a business.
9:23
Speaker 1: You're playing against time, You're on the clock. Everything because
9:26
Speaker 1: of compounding interest, compounding it drives the whole game. Okay.
9:31
Speaker 1: And it's a very and it's and and and what
9:34
Speaker 1: the central banks do, they're like the juggler in charge
9:36
Speaker 1: of the debt and credit and debt giving them a balance. Okay.
9:40
Speaker 4: And but the credit and deathies.
9:42
Speaker 1: Have gotten bigger and bigger and bigger, I mean so
9:45
Speaker 1: big they have are having trouble juggling. All right. Well,
9:49
Speaker 1: this Bank of America guy who observes the markets, the
9:52
Speaker 1: guy sitting on toilet, issued a warning and basically he said,
9:57
Speaker 1: keep taking dumps, but that toilet is gonna blow up
10:00
Speaker 1: on you. When this happened, all.
10:02
Speaker 2: Right, well outside behind the house, Yeah, don't stay in
10:06
Speaker 2: the house when you just started hearing the sounds.
10:09
Speaker 4: And he this is the way he predicted, because.
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Speaker 1: They're gonna cut interest rates, he said, the markets, no
10:15
Speaker 1: mortal quidding is cutting already. Central banks are just cutting, cutting,
10:19
Speaker 1: cutting around the world because they general economy is in trouble,
10:24
Speaker 1: all right, so they're trying to raise it up with
10:26
Speaker 1: more steroids or cutting cutting, cutting, Oka. He said, what's
10:29
Speaker 1: gonna happen is most of that money is gonna go
10:33
Speaker 1: and ask because people who investors have access to the
10:37
Speaker 1: leverage that the general population is not. They're in the
10:40
Speaker 1: first once at the troth, they're closer to the spigers
10:43
Speaker 1: the credit.
10:44
Speaker 4: So what happens is when they lower the interest rates.
10:47
Speaker 1: The first money doesn't go into you know, getting people richer,
10:52
Speaker 1: you know, you're creating economic movement. It goes to the
10:56
Speaker 1: finance boys who take that money go to Wall Street
10:59
Speaker 1: leverage out stocks, bonds, real estate. And since they're all
11:03
Speaker 1: by the same financial assets, that's where the bubble is.
11:06
Speaker 1: But they don't call it a bubble. They call it
11:08
Speaker 1: a rising market. Times are good, but it's a bubble. Okay.
11:12
Speaker 4: So what Hartnick says, we're in a crucial stage where
11:16
Speaker 4: everybody knows that it's risk off.
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Speaker 1: And he said this in July. So he said, bye
11:22
Speaker 1: bye bye. All right, crypto cows car and whatever. All right,
11:28
Speaker 1: it's gonna go up tail the bond markets. We act,
11:32
Speaker 1: he said, what going all in is gonna do. It's
11:36
Speaker 1: gonna put a it's gonna put a huge strain on
11:38
Speaker 1: the bond markets. Now, what people don't understand is bond
11:42
Speaker 1: markets are five times larger than stock markets. Why because
11:46
Speaker 1: bond markets are the is where they trade the debt
11:49
Speaker 1: created by debt based money and debt based money compounds
11:54
Speaker 1: and froze off more debt than the original credit issued.
11:58
Speaker 1: So that's why debt markets are five time larger than
12:01
Speaker 1: credit markets. Okay, so the debt markets are far bigger
12:05
Speaker 1: and far more consequential. I've always said than the corral.
12:11
Speaker 1: Where it's gonna happen, the big where the shootout's gonna
12:14
Speaker 1: happen is not in the stock markets. It's gonna be
12:17
Speaker 1: in the bond market. Absolutely. And that's what he says.
12:21
Speaker 1: He said, what happens, and he says the equity people
12:24
Speaker 1: don't understand this. The equity people are by by bye.
12:27
Speaker 1: All they know is growth because that's where that's how
12:30
Speaker 1: they're geared.
12:31
Speaker 2: That's yeah.
12:34
Speaker 1: The bond people are really conservative, really conservative. They're like,
12:38
Speaker 1: so they buy the debt and they trade it off,
12:41
Speaker 1: and they watch the basis points, and they may they
12:43
Speaker 1: make their their satisfied with incremental gain over the possibility
12:48
Speaker 1: of great of great reward versus great loss. They don't
12:53
Speaker 1: like playing that game. They play a much more conservative
12:56
Speaker 1: control game. But their game is affected by what's happen
13:00
Speaker 1: in the other arena. And what Bank of America analysts
13:03
Speaker 1: said is that when they're watching the arena, all right,
13:07
Speaker 1: but any point that he had an asset asset growth
13:11
Speaker 1: in twenty twenty five, the asset class that has didn't
13:15
Speaker 1: grown the most is not stocks, even though they're all
13:18
Speaker 1: at record highs, s A ped they're all at record highs.
13:22
Speaker 1: The asset class has increased the most in twenty twenty
13:24
Speaker 1: five is gold? All right? Now, Gold is not increasing
13:28
Speaker 1: because it's future. It's not like AI. You know, it
13:33
Speaker 1: has no value like that. If gold people think gold
13:38
Speaker 1: is in inflation heads, it is. Gold is really also
13:42
Speaker 1: a deflation heads. When the when the when in the
13:45
Speaker 1: nineteen thirties, when it when the stock amerkers collapse. If
13:48
Speaker 1: you had ten percent of your stock in your assets
13:52
Speaker 1: in homestate mining the world's largest gold mine, ten years later,
13:55
Speaker 1: when everybody was down ninety percent, your portfolio would have
13:58
Speaker 1: been even. The ten percent in Homesteak would have offset
14:02
Speaker 1: the loss of nighty percent of your portfolio. Okay, so
14:05
Speaker 1: it's the deflation heads, it's an inflation heads. What gold
14:08
Speaker 1: really is is a chaos hits and we are in
14:12
Speaker 1: chaos times. We are you nobody else what's going on?
14:16
Speaker 1: I mean, Trump doesn't know what's going to do tomorrow,
14:19
Speaker 1: all right. He reads the news like you and I do.
14:21
Speaker 1: But I'm like you, yeah, yeah, I exactly okay, But
14:25
Speaker 1: I'm like you and I what do we do? He
14:30
Speaker 1: has votes behind him, so everybody moves according to him.
14:35
Speaker 1: It's chaos. But this is where we are. And what
14:39
Speaker 1: blew my mind was how well the Bank of America
14:42
Speaker 1: paper enumerated is so clearical? Because I do you know?
14:46
Speaker 1: To me? You know, I have my fedillicis of who
14:49
Speaker 1: I listen to, and I don't listen to a whole lot,
14:52
Speaker 1: you know, because my my suprevicet.
14:55
Speaker 4: But Bank of America is not one of them.
14:57
Speaker 2: Okay.
14:58
Speaker 1: And I read this and I when always monks, Darryl.
15:03
Speaker 1: This guy has said what you weren't looking at in
15:07
Speaker 1: a way that you understand clearly that the it's risk
15:12
Speaker 1: on from here on out. You're on out until it's
15:18
Speaker 1: risk off. They're not gonna know what's gonna hit them
15:21
Speaker 1: because they're only gonna be looking up when it happens.
15:24
Speaker 4: But it's the bond people who bonds are performing the
15:28
Speaker 4: worst this year.
15:29
Speaker 1: They're gold is.
15:30
Speaker 4: The best starts are behind them.
15:32
Speaker 1: Bonds are the worst.
15:33
Speaker 5: And don't forget yeah, they're their asset. They're risk on
15:38
Speaker 5: asset classes, all right, if you said by crypto. But
15:41
Speaker 5: when it happens, it's gonna the risk on classes are
15:46
Speaker 5: gonna go down.
15:47
Speaker 1: Gold is not a risk on class. Gold is a
15:50
Speaker 1: risk at first class. Gold is the old and silver
15:54
Speaker 1: are the ultimate risk adverse classes.
15:58
Speaker 2: So what I see happening now and I see the
16:03
Speaker 2: I see whomever the powers that be or fighting it
16:07
Speaker 2: is a short squeeze in physical silver. That's happening, isn't it?
16:13
Speaker 1: Oh? Yes it is?
16:14
Speaker 4: And see what the deal is this? They're not even
16:18
Speaker 4: you know, Carrie.
16:19
Speaker 1: When this started, the attention of the boys, the cartels
16:25
Speaker 1: controlling the precious metal markets was incredibly powerful. They could
16:29
Speaker 1: control they would allow when it when the markets when gold,
16:34
Speaker 1: When precious mental markets finally started turning in two thousand
16:37
Speaker 1: and two, after the collapse of the dot com bubble,
16:41
Speaker 1: finally it started getting away from them. Okay, before then,
16:43
Speaker 1: for twenty years they had driven it down after the
16:46
Speaker 1: nineteen eighties, and then in two thousand and two, the
16:48
Speaker 1: momentum was so be it kept going up.
16:50
Speaker 4: So what they would do is they would allow a
16:52
Speaker 4: five percent increase. Why because they didn't want it to
16:57
Speaker 4: get to the aware of the investor class at large
17:01
Speaker 4: that to play the risk by gold less pressure rect
17:08
Speaker 4: it's the pressure release. Yeah, so a five percent they
17:10
Speaker 4: could tolerate that, all right, but they didn't want. Their
17:14
Speaker 4: big theory was the gold versus theach back then, because
17:21
Speaker 4: crypto didn't exist until two thousand and nine when they
17:24
Speaker 4: started printing money. Okay, crypto, bitcoin, what didn't even exist
17:27
Speaker 4: in two thousand and eight. It came into being on
17:29
Speaker 4: January first, two thousand and nine.
17:31
Speaker 1: All right, So what happened is is that their concern.
17:35
Speaker 4: Was gold because gold is really the day the threat
17:39
Speaker 4: to the FIAT because.
17:40
Speaker 1: And it's not a gold it's not a threat because
17:42
Speaker 1: it does anything. It's a threat because.
17:44
Speaker 4: When the occurrencies get threatened, everybody goes to gold. They
17:47
Speaker 4: always have all.
17:49
Speaker 2: Is it doesn't do anything.
17:50
Speaker 1: It's doesn't do anything exactly, it's there and as value,
17:55
Speaker 1: it's just valuable.
17:56
Speaker 4: So what happened is is that all their concern was
17:58
Speaker 4: on gold and silver, and they control the control.
18:01
Speaker 1: The control. Now the difference carrying now is this, you're right,
18:04
Speaker 1: they are watching the squeeze, they are watching what's going
18:07
Speaker 1: on in gold and silver markets. Okay, because the truth
18:09
Speaker 1: is when the breakout happens. Silver traditionally has led gold
18:14
Speaker 1: in the breakout. Now, silver has not up till now,
18:17
Speaker 1: and gold the breakout started in January. Okay, they're up
18:22
Speaker 1: twenty their way up, okay, and gold has led it.
18:25
Speaker 1: Which is which the price be? All right, because silver
18:28
Speaker 1: has always now but you're what I believe you may
18:31
Speaker 1: be onto something here is that silver is about to
18:34
Speaker 1: break out and more people are more people connecting the
18:36
Speaker 1: silver than gold. Gold is the big boy game. Silver
18:40
Speaker 1: is the investor game, all right. It ends yeah, yeah,
18:43
Speaker 1: common money and people are afraid of well, the most
18:46
Speaker 1: common money is debt. When they say gold, gold is
18:48
Speaker 1: the is the currency of pinions, Silver is the currency
18:51
Speaker 1: of merchants, and debt is the is the currency of
18:54
Speaker 1: the rest, all right, And so that's where we are.
18:57
Speaker 1: So it's if silver takes off and breaks out, the
19:00
Speaker 1: people on the bondom will notice that more and just
19:03
Speaker 1: the tide. That's where they're afraid. They're they're they're afraid
19:07
Speaker 1: that the people trapped in the arena because because there's
19:13
Speaker 1: only so many exits now there they weren't forced in there,
19:16
Speaker 1: they were in there by their on the cord they're
19:19
Speaker 1: in there because they that's where the action is, all right. Now,
19:22
Speaker 1: the truth that circumstances has forced them in there, and
19:24
Speaker 1: it's forced them into at the lowest tiers. The people
19:27
Speaker 1: who are in there by choice are the ones that
19:29
Speaker 1: the higher tiers sort of running things all right, but
19:33
Speaker 1: they're gonna go down because everybody goes down to one.
19:35
Speaker 1: Are these things?
19:36
Speaker 4: I mean, the flip is phenomenal.
19:39
Speaker 1: Those rich people with all their gold and silver are
19:42
Speaker 1: at the same time highly leveraged in highly vulnerable markets
19:46
Speaker 1: are Goo services and life inserviance policy. But they've got
19:50
Speaker 1: their real assets in the markets, all right. So of
19:54
Speaker 1: course when the markets go, they're in trouble. So everybody
19:59
Speaker 1: is in arena, okay. And what the Bank of America
20:03
Speaker 1: guy said was that that areda, the noise is gonna
20:06
Speaker 1: become deafening. It's already loud record levels, but the decibels said,
20:10
Speaker 1: stay in there, but get out of the door.
20:13
Speaker 2: Yeah, time pable. What's the time table for all this?
20:16
Speaker 1: He he he, that's what it is. He doesn't he
20:20
Speaker 1: gives the he ala he says, is this the United
20:24
Speaker 1: States will reach an epic depth shock, okay. Hartnick believes
20:30
Speaker 1: that the long term bear market for the dollar has
20:33
Speaker 1: just begun, okay, and that's the critical piece. And he
20:37
Speaker 1: recommends increasing allocations to commodities, cryptos, international markets, and emergency
20:42
Speaker 1: markets in the latter half of the twenty twenties. Now
20:46
Speaker 1: he doesn't know when the market, when the bond market
20:49
Speaker 1: is going to finally react, when the bond market is
20:52
Speaker 1: going to go. Japan is already having trouble selling slacker god, okay,
20:56
Speaker 1: we Japan is the canary in our gold matt there
21:00
Speaker 1: are they They had there the knee collapse in nineteen
21:04
Speaker 1: eighty nineteen ninety, it went down eighty percent. That was
21:07
Speaker 1: the biggest drop since the Great Compression in the United States.
21:10
Speaker 1: They had a the only reason it was smaller, the
21:13
Speaker 1: country smaller. The effect there was damaging. And what they
21:18
Speaker 1: did carry was they started QE. They borrowed their way
21:22
Speaker 1: out at all the bankers of the Burger. You guys
21:25
Speaker 1: are doing the round thing. Yeah, you know what we
21:28
Speaker 1: started doing ten years later because you're there, so I
21:32
Speaker 1: think you know all that didn't Yeah, all of your
21:35
Speaker 1: good advice doesn't matter. It's survival.
21:37
Speaker 4: So we are in the same thing.
21:39
Speaker 1: But your question is the real question, When is the
21:43
Speaker 1: bond people, when are they gonna we at? He said,
21:46
Speaker 1: he does give some parameters when the when the interest
21:52
Speaker 1: rate on the US Treasury goes to five point one,
21:56
Speaker 1: on the long term bond goes to five point one,
21:59
Speaker 1: watch out, it's gonna happen after that. It won't happen before,
22:02
Speaker 1: but it will happen after that. And he also gives
22:04
Speaker 1: in that article, uh uh for the Back of AMRA
22:09
Speaker 1: for the it was I think Japanese yen and and
22:13
Speaker 1: the British panel. He gave, you know, interest rates when
22:17
Speaker 1: they when it when it's gonna exceed it, but I
22:19
Speaker 1: think the US one was around five point one, Bill
22:22
Speaker 1: Beck it is. The article is entitled you can google
22:25
Speaker 1: Trump says goodbye to rehab and braces the Golden Tragle.
22:28
Speaker 4: That means he's out of there. He's going to where
22:31
Speaker 4: they grow opium.
22:32
Speaker 1: Right, that's what it is, you know, according to the
22:36
Speaker 1: Bank of America, Back of America, Heartener, Global credit markets
22:41
Speaker 1: see all in until the bonds collapse. Google that the
22:46
Speaker 1: articles there. It caught my attention.
22:49
Speaker 4: I believe that the people who watch this will probably.
22:53
Speaker 1: Have that same kind of reaction that I did.
22:56
Speaker 2: Okay, all right, so uh have to find that report.
23:02
Speaker 2: It's on Bank of America someplace.
23:05
Speaker 4: Well, I just googled it generally, and that was the title.
23:07
Speaker 4: Is His name is Heartnett Michael.
23:10
Speaker 1: Harton heart met h A R. T n E.
23:13
Speaker 2: T t.
23:14
Speaker 1: Chief investment strategist at Bank of America. The article was
23:18
Speaker 1: posted July thirteenth, twenty twenty five. So if you get
23:22
Speaker 1: an article around there and the title is Trump says goodbye?
23:26
Speaker 1: Do we have Yes?
23:27
Speaker 4: Trump says goodbye? Do we have embraces?
23:29
Speaker 1: The golden title, that's the article.
23:32
Speaker 2: I love it. I love it. Well, Hey, you always
23:35
Speaker 2: give us a lot to think about here, Darryl. I
23:38
Speaker 2: don't think he's really telling us anything that you and
23:41
Speaker 2: I in our community didn't figure out already.
23:46
Speaker 4: Yes, but we didn't. It was to me it was
23:49
Speaker 4: the fact that he had narrowed it down two dynamics
23:53
Speaker 4: that are writing.
23:54
Speaker 1: You know, Carrie, you've been at this so motherfucker.
23:57
Speaker 4: Yeah, it's too long, all right, And that's why I
24:00
Speaker 4: don't write anymore. That's why I'm talking anymore, you know,
24:02
Speaker 4: because I've said it.
24:04
Speaker 1: You know, I just you know, I got a horse,
24:07
Speaker 1: I'm all, you know.
24:09
Speaker 2: But when I saw I feel the same way man.
24:12
Speaker 1: When I saw a guy from the Bank of America
24:14
Speaker 1: from that side of the table see what I have
24:18
Speaker 1: been seeing for years, and went wow, with such clarity.
24:22
Speaker 1: I was amazed. And you know what, when the blind
24:25
Speaker 1: began to see, horses will start flying.
24:28
Speaker 2: Look out. All right, Hey, so Daryl, so you're not
24:34
Speaker 2: riding anymore, so, but we'll put the link up to
24:39
Speaker 2: your site anyway. So people, Yeah, I do keep.
24:42
Speaker 4: A news thing every day. I mean I do post
24:45
Speaker 4: generally every day what I see going in articles of interest.
24:49
Speaker 1: And I realized the reason why, you know, I lost
24:53
Speaker 1: my website from so I lost most of the people
24:54
Speaker 1: who were always watching me.
24:56
Speaker 4: But I realized most people don't want to see that
25:00
Speaker 4: news concert and that's what I see both so true.
25:05
Speaker 2: Who wants bad news? All these stuff?
25:10
Speaker 4: When we go to parties. Starting years ago, Martha would
25:13
Speaker 4: say to me, garryl shut up. These people are here
25:18
Speaker 4: for a good time.
25:20
Speaker 1: Shut up.
25:22
Speaker 4: Let them had a good time.
25:26
Speaker 2: I'm sorry, I can't help but laughing, but I know
25:29
Speaker 2: it's like nobody wants to hear this stuff, but everybody
25:32
Speaker 2: needs to hear it, right, That's it, that's it, fine mess,
25:37
Speaker 2: you've gotten us into here.
25:38
Speaker 1: Darryl.
25:40
Speaker 4: Hey, Oh, it was opened my eyes.
25:43
Speaker 2: You know.
25:43
Speaker 1: I wrote a novel once and I said, I said,
25:46
Speaker 1: it's going bad, but I don't know why I'm the
25:49
Speaker 1: one that has to see it. Yeah.
25:51
Speaker 2: Well I feel the same way, man, the same way.
25:55
Speaker 2: But I'll tell you what my former law partner always
25:59
Speaker 2: used to say to me. He used to say, Carrie,
26:02
Speaker 2: the situation is hopeless, but never serious.
26:08
Speaker 1: Good.
26:09
Speaker 4: I take that in a very positive sense. It's it
26:12
Speaker 4: is hopeless. And you okay, I look at what's happening.
26:15
Speaker 4: You look so good. You do, and your books and
26:18
Speaker 4: you're selling. You're on a roll, Carrie. I've known you
26:20
Speaker 4: a long time. Yeah, roll, you're rolling, keep rolling.
26:25
Speaker 2: You're right, that's okay. Now that's the kid. And you know,
26:30
Speaker 2: don't let the bastards get you down right out. No,
26:34
Speaker 2: I mean, you know, my saying was.
26:38
Speaker 1: My tagline on every when I started writing articles in
26:41
Speaker 1: two thousand and seven, was by goal, by silver, have faith.
26:48
Speaker 4: And that's really what it is.
26:49
Speaker 1: And I think at this time faith is even more
26:52
Speaker 1: important than it was that because the the crisis that
26:56
Speaker 1: we're heading into is going to be a game changer.
26:59
Speaker 1: The game is it about to chant? And I think
27:01
Speaker 1: it's going to change for the better because book Minister
27:04
Speaker 1: Fuller wrote nineteen eighty two that Manki was entering an
27:07
Speaker 1: unprecedented crisis that's going to transform humanity, and he said
27:11
Speaker 1: the reason why it's going to transform is that the
27:13
Speaker 1: institutions that have been in control, economic, political, and religious
27:20
Speaker 1: are all being to loser grip on humanity des and
27:24
Speaker 1: humanity will find its own way by itself, which is
27:29
Speaker 1: going to end up better for everyone. But the transition
27:34
Speaker 1: is not going to be easy.
27:35
Speaker 2: No, I'm not going that easy, Fond Yep, They're not
27:38
Speaker 2: going that easy. Will not be fun, that's for sure. Well,
27:43
Speaker 2: Daral appreciate you coming on any questions for Daryl myself.
27:46
Speaker 2: Klat Kerrie LUTs dot com. And remember you'll be getting
27:52
Speaker 2: some emails about Operation Algorithm Assassin. Keep your eyes open
27:58
Speaker 2: for them. Very important because we're going up against the
28:02
Speaker 2: big platforms. You know who you are out there. You're
28:05
Speaker 2: probably monitoring everything we're saying now anyway doesn't matter. You
28:10
Speaker 2: can't stop what's going to happen, just like nobody can
28:13
Speaker 2: stop what's going to happen to the global monetary economic system. Daryl,
28:18
Speaker 2: we'll talk to you a soon. Be well.
28:20
Speaker 3: Thanks you do, Gerry, thanks for listening to carry Letz's
28:23
Speaker 3: Financial Survival Network, your solution to today's trying times. For
28:28
Speaker 3: the latest, go to Financialsurvivalnetwork dot com. Financial Survival Network
28:34
Speaker 3: now more than ever,