Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **ALERT** U.S. Congressman GOLD STANDARD: How it Could Affect Your Silver & Gold Price

Transcript

**ALERT** U.S. Congressman GOLD STANDARD: How it Could Affect Your Silver & Gold Price · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:00
  Silver and gold prices to the moon.
• 0:04
  Let's remember we've got the moon man in Washington.
• 0:08
  Rep Mooney from West Virginia. He has.
• 0:12
  Proposed in the past, actually put forth a bill to return the
• 0:16
  United States of America back on to the gold standard.
• 0:20
  How does that make you? Feel.
• 0:22
  What would that mean for the? Price of gold What would?
• 0:25
  That mean for the. Price of silver.
• 0:28
  But wait, there's even more. Because.
• 0:30
  Congressman Mooney just last week sent a scathing letter to
• 0:37
  our old friend Gomer Pyle, Jerome Powell.
• 0:39
  At the United States Federal Reserve, we're going to read
• 0:43
  what he had to say to Jerome. This guy is a warrior for you.
• 0:48
  And me, Silver and gold, precious metals investors.
• 0:52
  But what's going on with? Kitco.
• 0:54
  Breaking. News The Kitco website is down.
• 0:57
  Let me read. This to you now.
• 0:59
  Kitco is generally regarded as. Being one of the main sources of
• 1:03
  information. For a lot of people.
• 1:06
  In the silver and gold community and as we all know.
• 1:09
  They also sell a lot. Of gold and silver.
• 1:12
  I went to the Kitco website here.
• 1:14
  And this is what it. Says Kitco.
• 1:16
  Dot com and our online store are unavailable.
• 1:21
  Our website is currently. Experiencing A disruption due to
• 1:25
  a cyber security incident our team is actively working to.
• 1:30
  Resolve this issue as quickly as possible.
• 1:32
  We are committed to ensuring. The security and integrity of
• 1:34
  our services and apologize. For any inconvenience it might.
• 1:38
  Cause you can't get. A gold quote.
• 1:41
  And they're the best source, in my opinion, of the Spot gold.
• 1:45
  Price and silver price. Is there something bigger behind
• 1:49
  this? Are they?
• 1:51
  Shutting down Kitco, I don't mean or they should.
• 1:53
  But is there. Something.
• 1:54
  Could this become a bigger? Story or is it?
• 1:57
  An isolated event they've. Shut down their website
• 2:01
  altogether. I mean, I don't know.
• 2:03
  Guys, seems a little interesting to me.
• 2:05
  Kitco. Yes, that Kitco is.
• 2:09
  Down right now. Wow.
• 2:11
  Let's get. Back to our friend Rhett Mooney.
• 2:13
  OK, he's at it again. The Moon Man.
• 2:16
  I like to call him the Moon Man. This is the.
• 2:18
  Lone Ranger in Washington, right.
• 2:22
  He. Proposed.
• 2:23
  Let's just go back. And talk about when he.
• 2:24
  Proposed the gold. Standard and let's remember
• 2:27
  something. I had this conversation with
• 2:29
  Rob. Keats from the Silver Gold.
• 2:31
  Silver Pros. One of the smartest minds in the
• 2:34
  gold and. Silver sector, the United
• 2:36
  States. Of America enjoyed its most.
• 2:38
  Productive its glory years. The years when the United.
• 2:43
  States of America. Actually did a lot.
• 2:45
  Became. Great, right?
• 2:47
  Became the great country that some of us may say we were.
• 2:52
  Right. It all happened when we were on
• 2:54
  the gold and silver standard. When we're on the gold standard
• 2:57
  and we had silver in our money, OK, that's an absolute fact.
• 3:02
  We know that right now we've got legal tender legislation on a
• 3:05
  state. By state basis sweeping.
• 3:07
  The country somebody. Just gave me a super Chad, Jim.
• 3:10
  Thank you, my friend. Hold on, let me get back here so
• 3:12
  I can see Jim Hutchinson. He says Kitko is.
• 3:19
  Down and. Ronko is up.
• 3:21
  That's right, guys, Man, you guys cracked.
• 3:23
  Me up. Thank you for being here
• 3:25
  quickly. I just want to say thank you,
• 3:27
  right. This is not me and my basement.
• 3:30
  This is. Us.
• 3:31
  Coming together? Sure.
• 3:33
  I'm in my basement. You might be in your Where are
• 3:35
  you right now, huh? Put it in the chat, I'd be.
• 3:38
  Curious. Are you in your basement or in
• 3:40
  your family room? Are you in your car, right?
• 3:43
  Let me know where you're sitting.
• 3:44
  Not not. Geographically, maybe we'll do
• 3:47
  that later, but guys? We're all coming together and
• 3:49
  yes, Ronco is up and running. Apparently.
• 3:51
  You guys can see me and hear me. That is awesome.
• 3:54
  That was. That was a.
• 3:56
  Great. A great comment.
• 3:58
  All right back. On track here, OK.
• 4:01
  We're going to talk about Mooney.
• 4:03
  Let's talk about this gold. Standard legislation.
• 4:05
  This was crazy, what he proposed and what?
• 4:08
  He had to say to the. United States government This
• 4:12
  comes from. Bear with me.
• 4:15
  Bear with me. This comes from Rep Mooney's.
• 4:18
  Website itself just listen to. What he said when he wrote this
• 4:21
  gold, and so the gold standard. Put in the United States of
• 4:24
  America, back on the gold. Standard Mooney on A.
• 4:28
  Federal nationwide level guys. Is.
• 4:31
  Our man. Right.
• 4:32
  He's like the new. Ron Paul Mooney, Mooney Mooney
• 4:37
  with the Moon Man. We love him.
• 4:39
  He's for us. Listen to what he said.
• 4:42
  The Gold Standard Restoration Act.
• 4:46
  Today, Congressman Mooney introduced HR9157.
• 4:50
  This was a while ago, but nonetheless we just want to
• 4:53
  call, he calls on the US Treasury and the.
• 4:56
  Federal Reserve to publicly disclose all Gold?
• 5:00
  Holdings and gold transactions over the last thirty months.
• 5:03
  After which time the Federal Reserve Note, also known as
• 5:07
  Unicorn Fart dust also. Known as the dollar.
• 5:11
  Would be pegged to a fixed weight.
• 5:13
  Of gold and then mark at the at its then.
• 5:16
  Market Price Federal Reserve. Notes would become fully
• 5:19
  redeemable for and exchangeable. With gold at this new fixed
• 5:24
  price with the US Treasury. And its gold reserves,
• 5:27
  backstopping Federal Reserve banks as a guard tour, whatever
• 5:31
  that were guaranteed, basically. He says.
• 5:34
  Quote. The gold standard would protect
• 5:37
  against Washington's irresponsible spending habits
• 5:41
  and the creation of money out of thin air.
• 5:44
  That's what Mooney said. Quote.
• 5:46
  Prices would be shaped by. Economics rather than instincts
• 5:50
  of bureaucrats. No longer would our economy be
• 5:53
  at the mercy of the Federal Reserve.
• 5:56
  We. Are guys we're at the we're at
• 5:58
  the mercy well are. We or are you your own central?
• 6:02
  Bank let me pose that. Question to you if you.
• 6:05
  Hold physical silver if you hold.
• 6:08
  Gold. Right you are.
• 6:10
  At least to the extent. That you hold those metals
• 6:13
  acting as your own central bank and that is.
• 6:17
  So critical. Right.
• 6:18
  As we move into this next year guys, I'm it's.
• 6:22
  Going to be a hairy. 2024. Buckle a buttercup.
• 6:26
  Here we go. Hello Coin Shop Chris.
• 6:30
  OK, background. The Gold Standard Restoration
• 6:32
  Act also makes several. Findings as to the harm Listen
• 6:35
  to this. Listen to this.
• 6:36
  The harm that the Federal Reserve System.
• 6:40
  Now. Headed up by our old.
• 6:42
  Friend Jerome Powell has inflicted on.
• 6:44
  Everyday Americans, particularly since Richard.
• 6:47
  Nixon quote UN quote Temporarily suspended the gold backing of
• 6:51
  America's monetary system in 1971.
• 6:54
  The Federal Reserve Note. Has.
• 6:56
  Lost more than 30% of its purchasing power since the year
• 7:02
  2030% gone since the year 2000 and sit down for this one.
• 7:10
  How does this make? You feel the dollar has lost.
• 7:12
  97% of ITS. Purchasing power since the
• 7:16
  passage of the Federal Reserve Act.
• 7:19
  In 1913. So you're going to tell me,
• 7:23
  right that the. Federal Reserve is good for you,
• 7:26
  good for me. How could you say?
• 7:28
  That when the dollar that's. What you?
• 7:30
  Worked for your whole life. That's what you may be working
• 7:34
  for. Right now that's what I'm
• 7:36
  working for. I mean.
• 7:37
  How does that make us? Feel right to think, oh, I'm
• 7:39
  working. For these dollars.
• 7:41
  And if I hold on to them and save them, well.
• 7:43
  I can be guaranteed they're going to become worth less or
• 7:47
  worth less. You know what I'm saying one.
• 7:49
  Way or the other. That's what happens, OK?
• 7:54
  The bill would also require Full disclosure of all central bank
• 7:58
  and US. Government gold holdings and
• 8:00
  gold related financial transactions.
• 8:03
  Over the last six decades, it requires the.
• 8:06
  Fed and the Treasury. To disclose all records.
• 8:08
  Pertaining to redemptions and transfers.
• 8:11
  This is where it gets. Interesting because this is
• 8:14
  older legislation, but we've got new news out of Mooney that
• 8:18
  we're going to talk about redemptions and transfers of
• 8:21
  gold of the United States in the last 10 years preceding the
• 8:26
  temporary suspension of of the gold standard in 1971.
• 8:31
  Guys, this guy is fighting for. Us we love.
• 8:35
  Mooney, Mooney, Mooney. Right now.
• 8:40
  Let's just play. A little make believe if we were
• 8:44
  to. Peg the dollar to gold.
• 8:47
  Many analysts if there's a range of estimates but but.
• 8:52
  As high as three. 150,000 that's what it would.
• 8:55
  Take a gold price. Some people say 350,300
• 8:59
  thousand. I've heard numbers all.
• 9:01
  Over the place if we were with all the debt.
• 9:04
  We don't. What about the derivatives?
• 9:06
  What about everything else to back?
• 9:09
  The dollar with real gold. It's unbelievable.
• 9:13
  The numbers. It's grown.
• 9:15
  It's crazy, you know that? It's interesting.
• 9:18
  We love Mooney. We support Mooney.
• 9:20
  But it gets even more interesting because he has some
• 9:24
  new news. He's not stopping there.
• 9:28
  Hold on a second. Let me read this to you.
• 9:31
  This comes from our friends at gold market dot sub stack dot.
• 9:36
  COM it's a sub stack. Look, I'm not a tech.
• 9:38
  Guru. I'm honestly don't you can tell
• 9:42
  right. I don't stay on top of all the
• 9:43
  big tech trends, but sub stack. Is where all the type top
• 9:46
  riders. Are going now, including the top
• 9:50
  riders and analysts within the gold and silver community.
• 9:54
  This one is called Gold Market dot substack.com.
• 9:58
  I believe that our good. Friend the silver Guru himself.
• 10:02
  Right, Mr. John Little is. Behind this, but don't quote me
• 10:05
  on that, but John Little also has.
• 10:07
  The pickaxe dot pickaxe. Dot substack.com P.
• 10:12
  ICKAXE John writes stuff every day about silver, about gold.
• 10:18
  He's another warrior, but let's listen to this from Gold.
• 10:21
  Market dot sub stack dot. Com US Congressman.
• 10:25
  Ask the Federal Reserve whether. Nations, what would it mean?
• 10:29
  Let me just pose this question to you if the All right, let me
• 10:34
  get back on track here. We already know and I we talk.
• 10:38
  About it every day, every video you watch about.
• 10:41
  Silver and gold brings this up. OK, whoa.
• 10:44
  Wall of Khan. Thank you.
• 10:45
  For the Super Chat. That central banks.
• 10:48
  Thank you, Wall of Khan. I appreciate that.
• 10:50
  Super chats are never expected. Always appreciated.
• 10:54
  But we know that the world central banks are buying gold
• 10:57
  like never before. Everybody knows.
• 10:59
  And the the the that's big on its own.
• 11:02
  The reason is why are the world central banks buying gold like
• 11:08
  never before? Have you thought about that?
• 11:10
  Why? We ask why we are.
• 11:12
  Basement dwellers? We ask.
• 11:15
  Why we don't just believe. This hit me the other day.
• 11:19
  I'm so glad that this came into my mind, like when I think about
• 11:22
  you. Guys.
• 11:23
  Right, when I think about. You individually because there's
• 11:25
  just. One you watching right now, my
• 11:27
  fellow basement dweller? But we're part of a group.
• 11:31
  We ask. Why we aren't the.
• 11:34
  People that just. Look at our talking box on our
• 11:37
  family room and say, well, that's what CNN says, so it's
• 11:40
  got to. Be true.
• 11:41
  No, we ask why is this going on? Why are the world central banks?
• 11:45
  Why? Why?
• 11:47
  Are the war Why? Would the World central banks
• 11:49
  ask? Andy Scheckman?
• 11:51
  Ask Vince. Lanchy I had a new.
• 11:52
  Video come out you. Got to watch this morning.
• 11:55
  Vince Lanchy, Super smart guy. He'll explain to you why.
• 11:59
  Why huh? Thank you guys.
• 12:01
  You're like. Overwhelming.
• 12:02
  Me with super chats this. Morning.
• 12:04
  Whoa, hold on one second here. Robert Della, thank you.
• 12:10
  And then wait a minute. Wait a minute.
• 12:12
  Oh boy, screwed this up. Uh oh, hold on.
• 12:16
  Uh oh, hold on. Technical problems.
• 12:18
  Hopefully you guys can still see me and hear me.
• 12:21
  See. Me Uh oh.
• 12:23
  Did I screw it up? Count Derpula, Buy.
• 12:26
  Gold Buy. Silver, Gold and Platinum.
• 12:28
  Or don't for me? Yeah, exactly.
• 12:31
  It's going to be a mad, mad rush.
• 12:34
  OK, let me get back on track here.
• 12:37
  Hold on. That's not it.
• 12:38
  That's not it. This.
• 12:39
  Is it why? Are the world central banks
• 12:42
  buying so much gold? What does it mean?
• 12:43
  And then what does this mean? What does this mean, Congressman
• 12:48
  Mooney? Asked the Federal Reserve
• 12:50
  whether. Nations are repatriating gold
• 12:54
  from New York. What would it mean that the
• 12:57
  world now is telling the West? We want our gold.
• 13:03
  You know, it used to be oh. We'll store our.
• 13:05
  Gold in new? York What would it also?
• 13:07
  Mean now that? The world is OK.
• 13:10
  In truth is truth and transparency from the.
• 13:12
  Federal Reserve Possible Or will we see more Fed?
• 13:15
  Stonewalling and jawboning the congressman.
• 13:20
  Ask Where's the gold? Listen to this crazy, OK,
• 13:23
  central banks around the globe continue to scoop up gold.
• 13:27
  US Rep Alex Mooney. Who's a Republican from West.
• 13:30
  Virginia is asking the Federal Reserve Chairman, Jerome Powell,
• 13:34
  some. Pressing questions about gold.
• 13:36
  Gold currently trades at. All time highs in most.
• 13:39
  Currencies, right. What is that?
• 13:42
  Telling us guys, Japanese yen, Chinese Yuan, Indian rupees.
• 13:47
  Are all over the world. Australia, Canada, Everywhere.
• 13:50
  Gold is at all time. Highs a couple, Sun 2.
• 13:53
  Weeks ago today we had. Gold at an all time high here,
• 13:57
  right here in St. Louis, MO.
• 14:00
  Right here in my. Basement, likely most.
• 14:02
  Of you are joining me from the United States, and a lot of you
• 14:05
  aren't. And that's great.
• 14:06
  Wherever. You are you probably already.
• 14:08
  Have gold at all time highs but. Here in the United States, we
• 14:11
  had gold. At an all time high everywhere,
• 14:14
  OK market insiders are claiming that Germany's Bundesh Bank.
• 14:19
  Bundesh Bank. Is again seeking to repatriate.
• 14:23
  Some of its gold vaulted within the the Federal Reserve Bank of
• 14:28
  New York. Wow, you guys are blowing me
• 14:31
  away this morning. OK.
• 14:33
  Thank you. For the thumbs up we.
• 14:35
  Already got 100? Thumbs up on A.
• 14:37
  Sunday morning, that means 10 Ringling dinglings of the bell.
• 14:40
  Can we get the 500 participants? If we get the 500, I'll ring the
• 14:48
  gong. OK, at 200, thumbs up, right?
• 14:50
  The cowbell gets rung. I'll give you a warning, those
• 14:53
  of you. That don't like bells, OK?
• 14:56
  So are the Germans wanting? Their gold back.
• 14:59
  Are they saying we don't? Trust you holding our.
• 15:02
  Gold, New York, Federal Reserve. We want our gold back.
• 15:05
  That's the question. But listen, the Fed recently
• 15:08
  refused. To respond to inquiries from
• 15:12
  Gotta the Gold Antitrust Action Committee about whether any
• 15:16
  foreign gold had been. Repatriated this year, so the
• 15:18
  Fed won't answer. We can't.
• 15:21
  Audit the amount of gold in Fort Knox.
• 15:24
  The Fed won't. Answer about the gold they.
• 15:26
  Have in New York. Why?
• 15:28
  Does that beg the question if gold so unimportant?
• 15:31
  If silver, so unimportant, was a pet rock, right?
• 15:36
  Just a pet rock. That's been valuable for
• 15:38
  thousands of years. Why we're asking?
• 15:40
  Why? That's what basement welders.
• 15:42
  Do Why can't we audit the gold in Fort Knox?
• 15:46
  Why won't you tell us, New York Fed about how much gold has been
• 15:52
  repatriated or? Requested to be repatriated.
• 15:56
  This year, does that make? You a little suspicious?
• 15:59
  Andy Scheckman talks about looking.
• 16:01
  For the crumbs, they don't. Tell us what's?
• 16:02
  Really going on, They feed little crumbs you got to.
• 16:04
  Put them all together, you got to look at all the trees and
• 16:08
  make the forest. Right.
• 16:09
  And you got to do that on your own.
• 16:10
  Don't listen to me. Trust.
• 16:12
  Me. OK, listen to me.
• 16:15
  Listen to yourself. Listen to other people.
• 16:17
  Develop your own thesis. But doesn't.
• 16:19
  It make you a little suspicious what is going on here back in
• 16:24
  2013, that would be 10 years ago.
• 16:28
  The Bundes Bank. Asked the New York Fed to return
• 16:31
  300. Tons of its gold.
• 16:33
  But the bank inexplicably took. More than three.
• 16:37
  Years to fulfill the request. Oh, at three years, that's a
• 16:42
  pretty long. Time to ship some gold back,
• 16:45
  right? I can understand 3 weeks, 3
• 16:46
  months, three years. Hmm.
• 16:51
  Hmm. Why the incident?
• 16:53
  Raised doubts about the status. And security of foreign gold
• 16:58
  vaulted in the New York Federal Reserve since Germany's gold had
• 17:03
  been assumed to be held unencumbered.
• 17:06
  And in a segregated area. Within the.
• 17:09
  Fed's vault? Well then.
• 17:11
  Why, if they'd? Had Germany's gold sitting over
• 17:13
  in a special little. Corner that had a German.
• 17:16
  Flag by it said this belongs. To the Germans when the Germans.
• 17:20
  Say we want some of our gold back.
• 17:23
  How did it take 3? Years.
• 17:26
  Hmm. Why, we might ask ourselves,
• 17:30
  there's more this week. The Moon Man.
• 17:35
  Moonie Mooney, Mooney Mooney. Wrote.
• 17:41
  The Gomer. Pyle at the Federal Reserve.
• 17:43
  And said this, dear Jerome, I remain interested in the
• 17:49
  federal. Reserve's activities with
• 17:51
  respect. To the gold market.
• 17:54
  The gold. Price now hitting all time
• 17:57
  highs, is in some way a report card on your management of the
• 18:02
  current system of unbacked Federal Reserve notes and bank
• 18:07
  credit. Thank you.
• 18:08
  Mr. Mooney, you. Summed it up, you basically said
• 18:12
  to Jerome. We're sick of your Unicorn fart
• 18:15
  dust, Fiat paper, electronic, whatever the heck you're.
• 18:18
  Doing OK, What is going on? It gets better, Mr. Mooney.
• 18:23
  Mooney Mooney said. I am increasingly concerned that
• 18:28
  actions by the Fed. The US Treasury and deficit.
• 18:31
  Spenders and Congress have undermined the world's
• 18:35
  confidence in our. Currency that would be?
• 18:39
  The Unicorn fart dust, Why don't you Mooney?
• 18:41
  The only problem I have is one that you just call it what it.
• 18:43
  Is next letter you send to. Jerome, we want to hear, we want
• 18:46
  to see Unicorn fart dust in there.
• 18:48
  You have my full permission to use that.
• 18:50
  OK, making our nation more financially vulnerable, to say
• 19:00
  nothing of the impact of inflation on our own citizens,
• 19:05
  Right quench off. Chris and I just made a.
• 19:06
  Great video. It'll be out.
• 19:07
  Later today he did an unbelievable, unbelievable
• 19:12
  analysis of remember that movie Home Alone when Kevin
• 19:16
  McAllister. Went to the grocery store.
• 19:18
  How much? Kevin spent at the grocery
• 19:20
  store. In the movie Home Alone in 1990
• 19:23
  compared to how much he spent. Today, compared to the silver
• 19:28
  price did. Silver would Kevin had been
• 19:30
  better off buying Silver and if he had, back in 1990.
• 19:35
  How much of those groceries could he get today?
• 19:38
  I'm sorry, you're going to have to watch the video to find out.
• 19:42
  But it'll be out later. Today and also will we sing
• 19:45
  Jingle Bells at the end of that? Video It is the holiday.
• 19:48
  It's the holiday season. Holiday season?
• 19:52
  Will Coin Shop Chris join me and singing Jingle Bells?
• 19:55
  You'll have to watch the video to find out.
• 19:57
  I'm sorry. Let's get back to.
• 19:58
  Mooney. Mooney, Mooney.
• 20:02
  Please. Respond.
• 20:03
  This is This is Mooney to Jerome.
• 20:05
  Please respond in writing to the.
• 20:08
  Following. Questions no later than January.
• 20:11
  15th. 2024 And Can't I mean who's Mooney to be bossing
• 20:15
  around, Jerome? Powell at the Federal Reserve.
• 20:19
  Poor Jerome. He looks so scared when he does
• 20:24
  his press conferences. He's like a little boy.
• 20:26
  Who's Who's trying to say? I didn't steal.
• 20:29
  The cookies from the cookie jars, what it reminds me of, you
• 20:32
  know he's. Scared.
• 20:33
  He I think Jerome's a good guy at heart, but he.
• 20:36
  Knows that he is. He's just in a.
• 20:39
  Position where he's manipulated the.
• 20:41
  United States things are so. Screwed up it's.
• 20:43
  Horrible. Anyway, Mooney, Right, It's
• 20:46
  telling Jerome you. Got to get back.
• 20:48
  To me in writing and. Doesn't the the Federal Reserve?
• 20:51
  Guys is not part of our government.
• 20:54
  They lied about the federal. The Federal and Federal Reserve
• 20:58
  is no more federal than the Federal and Federal Express the
• 21:03
  Federal. Reserve is a privately.
• 21:05
  Owned bank, period. So we can boss them around.
• 21:09
  They work for you and me, supposedly as they.
• 21:13
  Steal our money. What a great deal.
• 21:15
  Here's what he. Tells them he wants to know has
• 21:17
  the federal. Reserve or the Federal Reserve?
• 21:19
  Bank of New. York repatriated any gold to?
• 21:23
  Foreign nations this year? If so, to which countries and
• 21:28
  how much point? #2 How much gold is the Federal
• 21:31
  Reserve vaulting? For foreign nations now and.
• 21:36
  How doesn't this? Compare to the amount vaulted at
• 21:38
  the end of 2022 and final question, Jerome.
• 21:43
  Does the New York Fed? Statement of November 9th.
• 21:46
  Asserting that the Federal Reserve.
• 21:48
  In the US, Treasury Department did not intervene in the foreign
• 21:52
  exchange markets during the July to September 2023.
• 21:57
  Quarter Cover the gold market. As well, were they manipulating
• 22:02
  the gold market during that quarter?
• 22:05
  Man, this guy is fighting for you and me, gold, silver,
• 22:09
  saying, you know brother and sister, right?
• 22:11
  He's saying. Gold but look for us silver
• 22:15
  enthusiast He's. Talking about silver.
• 22:18
  Is well can we get to 200 thumbs up guys.
• 22:21
  I'm going to ask him to beg you if you're.
• 22:23
  Having fun in the basement? I hope you are.
• 22:25
  It's a big. Honor, you're here.
• 22:26
  All I ask is you press. That thumbs up.
• 22:29
  It's like right down here somewhere, probably on your
• 22:32
  screen. That would be much appreciated.
• 22:34
  When we get to 200 thumbs up, I will ring the cowbell, which is.
• 22:36
  Loud and obnoxious. Just like our love.
• 22:39
  For each other and my appreciation for you being here
• 22:42
  with me in the basement. OK, Mooney's question about the
• 22:47
  Federal Reserve interventions in the gold market.
• 22:50
  OK, Fed interventions in the gold market.
• 22:54
  Echo concerns raised by some. Traders interesting in policy
• 22:59
  makers that the. Fed may be surreptitisily.
• 23:04
  What the heck does that? Word mean.
• 23:05
  Can somebody please type that in surreptitisily managing the
• 23:11
  gold? Price, I'm sorry, I should have
• 23:13
  looked that. Word up before I came on Look,
• 23:15
  math is my strong point, not writing or English.
• 23:19
  Surreptitisily. The central bank has disclosed
• 23:24
  its interventions in many other market markets, but it has not
• 23:29
  admitted to manipulating the gold market quote.
• 23:33
  Oh, this is. Great, This is great.
• 23:35
  And here's a quote. Americans, American, let me
• 23:39
  start over. And this is.
• 23:41
  Live, you know, So I screw up sometimes.
• 23:45
  Here, hold on. Hey, don't forget about Pembex.
• 23:54
  That's our sponsor Pinbex Pi MB. EX.
• 23:56
  Pinbex dot. Com Online Bullion Dealer.
• 23:59
  I'm going to make. It quick and simple.
• 24:01
  If you want the most silver, gold, or platinum for your
• 24:05
  money, check out Pinbex online bullion dealer.
• 24:09
  I learned about them from you. The viewers I bought silver.
• 24:13
  From them on my own, OK, after I did my.
• 24:17
  Research I was very happy. Months and months later.
• 24:21
  Right. Because I.
• 24:22
  Said I'd sent him an e-mail. I said I.
• 24:23
  Really like your company? Blah blah blah, they they we we
• 24:26
  got in. Contact.
• 24:27
  We got together. They now sponsor the channel,
• 24:31
  right. I was a happy customer.
• 24:32
  Before they sponsored the channel, I'm a happy customer.
• 24:35
  After they sponsor the channel, I'm going to tell you this based
• 24:38
  on the. Feedback.
• 24:39
  I've. Gotten, which has been
• 24:40
  overwhelming. Positive The basement.
• 24:43
  Dwellers love PIM Becks too. You want to maximize the amount
• 24:46
  of metal you get for your money. Maximize your medal for your
• 24:49
  money. You can do that with Pembecks,
• 24:52
  and it's also true if you're ever considering doing an IRA.
• 24:55
  Rollover talk to them, call. Them, right?
• 24:59
  Listen to what they have. To say.
• 25:01
  Do your own due. Diligence.
• 25:02
  Do your. Own I'm not telling you or.
• 25:04
  Anybody what to do? But I will say you may benefit
• 25:07
  from talking to the guys at Pembecks whether you're buying
• 25:10
  bullion to get. Delivered to your house or.
• 25:12
  Doing an IRA comp comp comp conversion conversion, right.
• 25:17
  I think Pinbex is best. I think you will too.
• 25:20
  Pinbex dot. Com and it's.
• 25:21
  Fun to say, Pinbex. Maximize your medal for your
• 25:24
  money. That's my new slogan for Pinbex.
• 25:28
  OK, oh, here I got this flag. America, I'll ring the cowbell
• 25:34
  on a second. Mooney.
• 25:38
  We love Mooney. Right?
• 25:41
  Mooney the Moon Man. This is.
• 25:43
  Listen to this, Americans. Well, I don't think this isn't
• 25:47
  Mooney, but somebody else. I'll tell.
• 25:49
  You, who said this? Americans.
• 25:51
  That's this. These people deserve to know
• 25:55
  more. Details about the status.
• 25:57
  And use. Of US gold reserves and all
• 26:00
  other aspects of. Government gold activities,
• 26:04
  particularly as runaway debt. What do they mean, runaway debt?
• 26:11
  We're in good shape. We can just print more.
• 26:12
  Money. That's all we do.
• 26:14
  Right. Runaway debt and deficits.
• 26:16
  You mean like Biden, Ometrix? Where the.
• 26:19
  President of the United States of America spends $1 trillion
• 26:24
  more than the government brings in in revenue.
• 26:29
  That would be like you making 100.
• 26:31
  KA year, but you. Spend 180.
• 26:33
  K per year, That doesn't. Work, but anyway combined with
• 26:37
  the. Weaponization of the SWIFT
• 26:39
  payment. System threatens the world's
• 26:41
  confidence in the Federal Reserve.
• 26:43
  Note that was from Stefan. Excuse me, Gleason.
• 26:48
  He doesn't seem very. Glee, he's the president of.
• 26:51
  Money Metals exchange Rhett Mooney has long been a leader on
• 26:55
  a sound money issues in Congress, having introduced
• 27:00
  reforms. Such as the gold reserves.
• 27:02
  Transparency Act and the Monetary Metals Neutrality Act
• 27:07
  and the Gold Standard Restoration Act and the Digital
• 27:11
  Dollar Pilot Prevention Act. Woah, man.
• 27:16
  Then this goes on to talk about the.
• 27:18
  Gold Silver to gold ratio. I was talking to Coin Chef Chris
• 27:21
  this. Bears.
• 27:22
  We love gold. OK, we love Mooney.
• 27:25
  I got to ring the bell, then I want to talk about.
• 27:26
  This it's a very special. Thing when we get to 222 Thumbs
• 27:33
  up for you. I'm going to ring the bell.
• 27:35
  That's a tradition here in the basement.
• 27:37
  For some reason whenever I start to.
• 27:40
  Ring it, The Internet slows down.
• 27:57
  here, but we'll do a. Little extra for Annie.
• 28:02
  Tassie Silver. Oh, I forgot.
• 28:04
  Hey guys this is. One of the most important parts
• 28:07
  of the show. This is when, uh oh oh boy, hold
• 28:11
  on a minute. We've got technical problems.
• 28:14
  Oh no, my kids must be on the Internet.
• 28:16
  Hello. Oh, there you oh.
• 28:17
  Wait a minute. Did I lose you guys?
• 28:20
  Oh, no. Tommy, can you?
• 28:23
  OK, I think we're back. Wow.
• 28:25
  You guys, this is crazy. We got over 400 people on a
• 28:28
  Sunday morning. Hey look this is not possible.
• 28:32
  Without the eights the Great. Eights.
• 28:35
  That's the moderation team. Please tell them thank you,
• 28:38
  Annie Oakley. Jim and our friend coin Shop.
• 28:41
  Chris, I think Craig is here. Who did I sassy silver.
• 28:46
  I don't know who else is all here, you guys all.
• 28:48
  Of you, each and every one of the moderators make this show
• 28:51
  possible. Please give them some eights.
• 28:54
  Guys, seriously. All right, let's get back to
• 28:57
  this this. Article then goes on to talk
• 29:00
  about. Briefly, the gold to silver
• 29:01
  ratio, Silver to gold ratio. It takes, I don't know what, 85
• 29:06
  ounces of silver to get one ounce of gold.
• 29:09
  We. Love gold.
• 29:10
  We're not putting gold down. But I just want you.
• 29:12
  For a second to imagine. You've got four tubes.
• 29:16
  Of American Silver Eagles A. Tube, right.
• 29:18
  The plastic tube. It's got 20 American.
• 29:21
  Silver Eagles in it, right? That's like, whoa, that's heavy.
• 29:24
  That's cool you got. Value in your hand, baby.
• 29:26
  Timeless value. Imagine.
• 29:28
  Four of those tubes. Right, right.
• 29:31
  That's 80 coins. It actually takes more than
• 29:34
  that, but. You can trade those four tubes.
• 29:37
  And a few extra coins on top of it for one ounce of gold, I
• 29:41
  mean, and we love. Gold, right?
• 29:43
  The central banks of the world love gold in that same silver.
• 29:46
  There's only 8. Ounces of silver that are.
• 29:50
  Mined every year for each one ounce.
• 29:53
  Of that gold it is. It's like a magnitude.
• 29:56
  Of 10. It's unbelievable what is going
• 30:00
  on right now. Absolutely unbelievable.
• 30:04
  OK and. Why are?
• 30:05
  Why? Why?
• 30:06
  Why? Why?
• 30:06
  You know what? I wrote this down on the notes.
• 30:10
  I wanted to talk to you. We'll.
• 30:11
  Talk with you guys today. We talk about $300,000.
• 30:16
  Gold, right? If we go.
• 30:17
  Back on the gold standard. All that goes back to this idea
• 30:21
  that. Silver and gold are the.
• 30:23
  Base. Of the world money supply.
• 30:25
  Is it true? Is it real right?
• 30:28
  I don't know. You remember it's been 3 weeks
• 30:31
  and two days since I last. Talked with you about this.
• 30:35
  Extras Pyramid. EXTE.
• 30:39
  R Now who? Is John Exter Well, he worked
• 30:41
  for the. Federal Reserve in his entire.
• 30:44
  Career. He I think he only died like 15.
• 30:47
  Years ago, he was a fervent believer of this idea that all
• 30:52
  this digital. Money.
• 30:53
  All this electronic money. All this CB He see he.
• 30:57
  Didn't he didn't? Even know about CBDC's but all
• 30:59
  the derivatives. Everything.
• 31:02
  Everything. All this money, $307 trillion of
• 31:06
  debt in the world. All of this money, all this make
• 31:09
  believe fantasy world money that we're living with right now,
• 31:14
  right? Because, because the USA.
• 31:16
  Was the Hegemony power? For the last. 50 years and could
• 31:19
  do. Whatever they want and did all
• 31:21
  this. Craziness issued.
• 31:22
  All this debt. All of it.
• 31:24
  All of it. Is it's an upside down pyramid
• 31:28
  and down at the bottom. Right down here, this little pot
• 31:31
  right there that I see you, I can see you.
• 31:35
  That little pile at the bottom that backs up everything is
• 31:40
  silver and gold. But let's let's circle back and
• 31:45
  remember who. Wrote this, this was somebody.
• 31:48
  That actually worked for the federal.
• 31:50
  Reserve. OK, that silver and gold are
• 31:53
  the. Base.
• 31:54
  Of all money right now. Look, I already told you that my
• 31:58
  opinion, OK? There's going to come a day when
• 32:01
  everybody wakes up. I'm not saying we're going to
• 32:04
  have zombie apocalypse. We could.
• 32:06
  We could, right? I'm not.
• 32:08
  One of these guys that says you better get.
• 32:09
  Some silver and gold because you might need it to, you know, go,
• 32:14
  you know, cut off. Pieces.
• 32:15
  Little chunks of silver to go buy some.
• 32:18
  Bottled. Water or whatever we could.
• 32:20
  OK, I'm not putting anybody down.
• 32:22
  I don't in my mind think that's going to happen, but I.
• 32:25
  Do believe. That we are in the process right
• 32:28
  now of moving back the pendulum is the pendulum, right The
• 32:33
  pendulum swung. Way over here over the last 50
• 32:37
  years, right? Unicorn Fart does.
• 32:38
  Fantasy world, right? Paper money.
• 32:41
  And now that pendulum is swinging back.
• 32:45
  Can we look at history? As any indicator.
• 32:48
  That this is a. Yes, Lynette saying.
• 32:51
  We know why I had her on. Right.
• 32:53
  Talks about like. Hundreds and hundreds of.
• 32:55
  Paper, currencies. Fiat.
• 32:57
  Any Fiat? Money.
• 32:59
  Currency. In history, this is not the
• 33:02
  first time we think it's so different.
• 33:04
  It's because it's different. It's like your problems do you
• 33:07
  have? Problems in life, right?
• 33:09
  Like we're the only. Like sometimes it feels like
• 33:11
  we're the only. Person who has problems the.
• 33:12
  Reality is everybody has problems.
• 33:14
  The reality is the reality. Is this money system right, This
• 33:18
  Fiat? It's all we know, but guys, all
• 33:21
  we have to. Do is look at history.
• 33:23
  They've all failed. And what do they always go back?
• 33:27
  To silver and gold Right now are we in a new world?
• 33:30
  A new likely not, Likely not. And when things.
• 33:35
  Get hairy this. Time it's going to go.
• 33:37
  Back just like the previous. Occasions go back to silver and
• 33:42
  gold, right? They've been valuable for
• 33:44
  thousands upon thousands of. Years.
• 33:47
  What about geopolitics, right? That this is something do you do
• 33:52
  you find? Yourself, because I do.
• 33:55
  I'm in in error on this when it comes to the value of the
• 34:00
  metals. I don't think that I give
• 34:02
  enough. I look at it all.
• 34:04
  From an I'm because I'm a numbers guy from a numbers.
• 34:07
  Perspective. The value of silver gold.
• 34:09
  But there's. This other massive component.
• 34:12
  Right world geopolitical turmoil.
• 34:16
  That plays a major, major role in the gold and silver prize,
• 34:20
  absolutely plays a major role. Vince Lanci, when I was talking
• 34:25
  about and talked about how you know the world, the world is
• 34:28
  becoming more nationalistic. The Chinese are looking out more
• 34:32
  for the Chinese. The Americans are looking out
• 34:34
  more for the Americans. The Mexicans are looking out
• 34:37
  more for the Mexicans. Everybody's encamping themselves
• 34:41
  within their own little bubble and not trusting each other as
• 34:46
  much. And do we have geopolitical?
• 34:48
  Turmoil, guys. We have war in Europe.
• 34:50
  We have war in Israel. Five years.
• 34:54
  Ago. Today, you and I sitting.
• 34:56
  Here in the basement, if I told you that in five years we're
• 34:58
  going to have a. Big war in Europe and a big war
• 35:01
  in Israel. In the Middle East.
• 35:04
  You wouldn't have believed me. If I told you that half the
• 35:07
  world. Population right China.
• 35:10
  India. Brazil.
• 35:12
  Russia. Right.
• 35:14
  Saudi Arabia. The United Arab Emirates.
• 35:16
  Who else? Iran are banding together an
• 35:20
  alliance. Basically against the United
• 35:23
  States, you wouldn't have believed me.
• 35:26
  We don't give this. Geopolitical component of silver
• 35:30
  and gold, enough credit and some of the big guys and I've heard
• 35:33
  this. Lately.
• 35:34
  Because I, you know, we want to keep our minds open, say that
• 35:37
  that is one of the. Major, major drivers that that
• 35:41
  does bleed through. To the numbers and that does
• 35:45
  have a massive. Massive impact just over the
• 35:49
  weekend we're getting. Reports more drones being shot
• 35:52
  down in the. Red Sea, The Houthi.
• 35:54
  Rebels and Iran's involved and everything else we're kind of
• 35:58
  living. Do you feel?
• 36:00
  Like we're living in a. Powder keg world like it?
• 36:03
  Feels like things. Could get crazy.
• 36:06
  Like, super, super. Quick I don't know.
• 36:09
  Am I? You know, am I?
• 36:11
  Am I? And at the same time here in the
• 36:15
  United States, we're suffering from something.
• 36:19
  Yes, we're suffering, right. We're suffering from, we'll call
• 36:23
  it Silver and Gold Ignorance Syndrome.
• 36:29
  We know they say the United. States has an obesity.
• 36:31
  Problem has a problem with mental.
• 36:33
  Health, as all these problems we also have.
• 36:36
  Silver and Gold Ignorance syndrome.
• 36:39
  People just don't know. People just don't understand,
• 36:43
  right? They're in the fun house.
• 36:45
  I'm sorry, I'll. Stop it but I.
• 36:47
  Gotta say it one more time, this analogy, it's like all your
• 36:50
  fellow Americans are inside a fun house.
• 36:52
  There's. Smoke.
• 36:53
  There's those contorted mirrors that are like, hey, this is
• 36:56
  great, look how. Skinny I am.
• 36:58
  Look how good looking. Everything's wonderful, right?
• 37:01
  Right, They don't. Realize and everything's great
• 37:03
  inside that funhouse. And Jerome's adjusting the
• 37:06
  mirrors. Jerome's like, you know, like.
• 37:07
  The Wizard of Oz or. However, you want to say it
• 37:10
  right. They don't realize that they're.
• 37:12
  In a funhouse, they're living in a fantasy world, and the world
• 37:16
  is changing. The Saudi Arabians and the
• 37:18
  Chinese, even the Japanese, are saying, sorry, the United
• 37:21
  States, we're not going to finance your overspending
• 37:25
  anymore. We don't want your debt anymore.
• 37:28
  So they keep adjusting. The mirrors and hey.
• 37:30
  America, everything's great. Oh, consumer confidence is great
• 37:32
  in the United States. Unemployment is.
• 37:34
  Great. Here's a big consorted mirror.
• 37:37
  Here's a here's. One of those funny mirrors.
• 37:39
  You know the ones I'm talking about that are WAVY and right.
• 37:42
  Look, employment's great. As long as you got three jobs
• 37:46
  you're doing wonderful. Congratulations, right?
• 37:50
  People don't realize, right? You do.
• 37:53
  You're standing right by the exit of the fun house.
• 37:56
  Or maybe you've left the fun house.
• 37:58
  All together because at some. Point, right?
• 38:01
  Everything's great inside that fun house until, boom, it
• 38:04
  catches on fire. And that's when everybody runs
• 38:08
  for the door and that door. To that funhouse has silver.
• 38:13
  And gold. Emergency exit silver and gold
• 38:17
  written below it. And it's a little door and
• 38:19
  there's going to be a lot of people trying to run through it.
• 38:22
  At the same time, you aren't. You're going to want to be.
• 38:25
  Through the door. So you want to be?
• 38:28
  Right by the exit or out the. Exit already I'm standing
• 38:31
  outside. I feel like I've got.
• 38:32
  My 2 feet outside the door maybe?
• 38:34
  You got a foot inside. I don't know.
• 38:36
  And look, this is just my opinion.
• 38:38
  I want you to do your own work, make up your own mind.
• 38:41
  I'm not giving financial advice, I'm just sharing.
• 38:44
  With you what I see. Going on in the.
• 38:46
  World, right now, can we get to 300 thumbs up?
• 38:48
  Guys, we're going to ring the gong.
• 38:51
  Where's the gong? Where's the gong?
• 38:54
  There it is. That gong right there.
• 38:58
  Right above the bags of charcoal 'cause we're going to do it.
• 39:04
  Today it is happening. Congratulations, America.
• 39:12
  You're finally buying gold from Costco.
• 39:14
  Yes, CNBC themselves, $100 million of gold were bought from
• 39:20
  Costco. Yeah, maybe I'll get some.
• 39:23
  Toilet is that? Is that the way it works?
• 39:25
  Now I think I need one of those giant things of toilet paper.
• 39:28
  Some rib eye steaks and man, what the heck, might as well.
• 39:31
  Buy an ounce. Or two of gold. $100 million
• 39:35
  Americans bought from Costco. Now I look at.
• 39:39
  Costco as like a. Cross section of the country I
• 39:44
  think. Wealthy people go to Costco.
• 39:46
  I know some. Wealthy people that go to.
• 39:48
  Costco. I know some middle.
• 39:49
  Class people that go to Costco. And I know some, you know, you
• 39:53
  know, maybe people that are struggling to make ends meet.
• 39:55
  That go to Costco. Costco is a good cross section
• 39:58
  of the country. And people are buying.
• 40:00
  The guy the CFO. Is like we can't keep it in
• 40:04
  stock. We put it on our website and
• 40:08
  it's gone OK. Guys, it's like a cry.
• 40:12
  It's, it's just. Starting to percolate all right
• 40:15
  when it. Really catches up.
• 40:17
  You want to make. Sure.
• 40:18
  You're already through the exit door.
• 40:20
  That is critical. Because there's going to be a
• 40:22
  mad. Rush.
• 40:24
  To get hands on silver and gold, people are going to wake up, I
• 40:28
  think. What could happen?
• 40:29
  Is a bout of for lack, we'll say.
• 40:33
  Hyperinflation. But a spike in inflation next
• 40:37
  year? OK.
• 40:38
  When that next spike happens, right when people 'cause right
• 40:42
  now we kind of are in a deflationary environment
• 40:45
  temporarily, which will freak the.
• 40:46
  Fed out? OK, this is great.
• 40:49
  We just figured. It all out, guys.
• 40:50
  Now we know why. All right, All.
• 40:53
  Right. Let let let's talk about this.
• 40:55
  Now we know why. On Wednesday, Jerome said.
• 40:59
  We're going to have to lower rates next year.
• 41:01
  We're going to have to lower rates.
• 41:02
  You know why? Because we are dealing.
• 41:05
  With a. Little bit just a tiny teensy
• 41:07
  weensy, and it just takes a teensy weensy.
• 41:10
  It's like kryptonite, the Superman A tiny.
• 41:13
  Teensy weensy bit of deflation. Go to your local.
• 41:17
  ALDI go to your local. Walmart Grocery.
• 41:19
  Store the, the, CFR the. CEO of Walmart, Even said.
• 41:23
  It a couple weeks ago that they're.
• 41:25
  Foreseen deflation, even the tiniest hint of the that means
• 41:30
  prices of. God forbid that prices go.
• 41:34
  Down. God forbid the prices go down
• 41:37
  that Americans. Actually get lowered prices,
• 41:41
  right? Oil prices have been down,
• 41:43
  right? Because the world economy is
• 41:46
  slowing down, baby. It's the.
• 41:50
  Brakes had been put on, you know, like the big locomotive.
• 41:54
  That slammed his brakes. On and it takes a.
• 41:56
  While for it to slow, but it's really.
• 41:58
  Happening now. So we're seeing prices, God
• 42:01
  forbid, go down. Places like the grocery store.
• 42:05
  Go talk to somebody who sells cars.
• 42:07
  Go talk. To somebody who sells houses, go
• 42:09
  talk. To I'm talking to people.
• 42:11
  Everywhere I I was at a local. Restaurant the other day buying
• 42:14
  a gift card for my sister. For for.
• 42:16
  Christmas and I asked the lady selling me the gift.
• 42:18
  Card, I said. Are you seeing people?
• 42:20
  And it's a kind of a like an upper and not a, not a.
• 42:24
  It's a step above. Applebee's, but not like a.
• 42:26
  Super expensive restaurant. But a nice.
• 42:29
  Place, I said. Are you?
• 42:30
  Seeing I have a question for you, gift card salesman lady,
• 42:34
  are you seeing that people are eating out?
• 42:37
  Less this year as composed as opposed to last.
• 42:40
  Year. And she didn't say, Oh my God,
• 42:41
  yes, it's crashing, but she said.
• 42:43
  Definitely. A slowdown this year as?
• 42:46
  Opposed to what we saw. During the holidays last year,
• 42:48
  so the economy slowing deflation.
• 42:51
  Let's talk about Rocket. Fuel for the price.
• 42:53
  Of silver and gold okay rocket. Coin shop?
• 42:57
  Chris loves that. When we talk about rocket fuel,
• 42:59
  Rocket fuel, huh? You deserve it.
• 43:02
  We had. Rocket fuel during the 70s.
• 43:04
  Could we see that? Again, yes, because the
• 43:07
  situation now is incredibly more precarious than we were in in
• 43:11
  the 1970s. But now, now, right now, we're
• 43:15
  seeing some deflation. And what does deflation do to
• 43:18
  the Fed? They.
• 43:18
  Flip. A lid, I'm telling you,
• 43:21
  Basement. Dwellers if we all got on a bus.
• 43:23
  A silver colored bus. And we went to Washington and
• 43:27
  all. Stood outside the Fed.
• 43:29
  And all together, all at once. I want you to join me right now.
• 43:32
  Let's all make. Believe we're at the Fed.
• 43:34
  We're all standing outside the fence.
• 43:36
  They have to put up outside the federal.
• 43:38
  Reserve and we all put our. Hands like this, and on three
• 43:41
  we're going to yell deflation. 123 deflation.
• 43:46
  Now what you're going to see when we do that?
• 43:49
  Is they're going to scurry out like rats out the doors, out all
• 43:53
  the emergency? Exits.
• 43:54
  Like when the fun house catches on fire.
• 43:56
  Like we talked about earlier. Deflation will make the Fed
• 43:59
  freak. So does that explain, does that
• 44:03
  Aha, remember we? Always ask why?
• 44:07
  Why did? Jerome suddenly become dovish on
• 44:12
  Wednesday. I wonder if it has anything to
• 44:15
  do with the D word deflation. And then we get deflation and
• 44:22
  the Fed's freaking and the Fed is going to.
• 44:25
  Cut rates. That's their new bazooka.
• 44:27
  Now is rate cuts like Elmer Fudd, right?
• 44:34
  Jerome's kind of like a combination of Gomer Pyle and
• 44:36
  Elmer Fudd. They're going to shoot.
• 44:40
  They're going to do rate cuts next year.
• 44:42
  Rate cuts are going to make inflation spike when inflation
• 44:47
  spikes next time. Americans are like.
• 44:49
  Oh boy, I learned my lesson last time.
• 44:52
  This is bad. I need to do something.
• 44:55
  What do you think they're going to do?
• 44:56
  They're going to buy silver and gold.
• 44:58
  We get to 300 thumbs up on a Sunday morning.
• 45:01
  You guys have been. Super generous with super chats.
• 45:03
  I need to ring the gong three times gong warning this.
• 45:12
  Is for you. That was a bad.
• 45:17
  Hit We'll do one more. I bought this yesterday, a 1996
• 45:29
  Kawasaki Bayou. That, I now learned, has an oil
• 45:33
  leak and has me. Very upset, We all have.
• 45:35
  Problems in life. You're not alone.
• 45:37
  I bought a used ATV that supposedly didn't leak oil that
• 45:40
  I woke up this morning and I got a oil leak on my garage floor.
• 45:44
  Anyway I can be a? Little obsessive.
• 45:47
  Sorry about that. So guys, let's put it all.
• 45:50
  Together we got the moon man fighting for us in Washington.
• 45:54
  Gold Standard. He's nailing Jerome Powell.
• 45:58
  He wants answers. We're going to be watching by
• 46:01
  January 15th. Is he going to get the answers?
• 46:04
  Is the Fed. Is the Fed through their?
• 46:07
  Whatever committee manipulating the price of silver and gold, I
• 46:12
  mean, we know that JP Morgan manipulates the price of silver
• 46:16
  and gold. It's going.
• 46:17
  To be super. Interesting as we're in this
• 46:21
  environment now which is becoming very alert.
• 46:25
  I think Americans, right, the biggest economy in the world,
• 46:28
  are becoming very alert. We're already.
• 46:31
  Alert. We're already 2 feet.
• 46:33
  Out the funhouse. the Fed funhouse.
• 46:36
  We're not falling for the smoke and mirrors, right?
• 46:39
  We are a little bit ahead of the curve.
• 46:42
  All of this when we're in this environment where?
• 46:45
  Geopolitics have. Have become critical component
• 46:50
  to. The support price for.
• 46:51
  The metals. We want to protect ourselves.
• 46:54
  Look, you know, we know this can be a bumpy ride.
• 46:57
  It's not going to be straight up, but I think right?
• 47:00
  I believe you do. Your own due.
• 47:02
  Diligence that most of us have positioned ourselves.
• 47:06
  To be protected if. Indeed, even.
• 47:10
  Part. Of what we're afraid of.
• 47:12
  Comes to fruition, you know. I'll be here for you through it
• 47:15
  all. I appreciate.
• 47:15
  You being here today. Don't.
• 47:16
  Forget please. Subscribe to the channel.
• 47:19
  We're fighting for 31,000. By the end of the year we'll
• 47:22
  have a big party. If we hit it OK.
• 47:24
  Thank you for being here. Happy holidays and have a great
• 47:26
  day.