Latest / The Alex Marlow Show / Vance Gives Brilliant Answer on Cost of Living — and the Media Censor It

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Vance Gives Brilliant Answer on Cost of Living — and the Media Censor It · The Alex Marlow Show

• 0:00
  Speaker 1: It's the Alex Marlowe Show. The Alex Marlowe Show. I'm
• 0:03
  Speaker 1: glad you're here. We are just a few days away
• 0:05
  Speaker 1: from results day. It's not just election day because people
• 0:07
  Speaker 1: have been voting. So as I noted at the top
• 0:09
  Speaker 1: of the show yesterday, any big news that comes out
• 0:11
  Speaker 1: now is not going to hit. A lot of people
• 0:13
  Speaker 1: have already cast their ballots. But that's the reality we
• 0:15
  Speaker 1: live in. And I'm going to give you some updates
• 0:17
  Speaker 1: on some of the crucial races and try to frame
• 0:20
  Speaker 1: up the debate. We're also going to hear from our
• 0:22
  Speaker 1: partners in monetary gold later in the show because this
• 0:25
  Speaker 1: could be the perfect time. to get in the gold
• 0:27
  Speaker 1: space because whatever happens in the midterms, my prediction personally,
• 0:30
  Speaker 1: I'm not a financial advisor, but is that gold's going
• 0:32
  Speaker 1: to go up. So this could be a good time
• 0:34
  Speaker 1: to partner up with my folks over there. And we're
• 0:36
  Speaker 1: going to hear from a candidate in a crucial swing
• 0:38
  Speaker 1: race in Florida later in the show as well. But
• 0:41
  Speaker 1: a couple of things to start. First of all, the
• 0:43
  Speaker 1: big news item for me to open the show is
• 0:45
  Speaker 1: Nancy Pelosi trashing Abdul El-Sayed saying that his radical views
• 0:50
  Speaker 1: are concerning. And, uh, We'll see if he gets elected.
• 0:54
  Speaker 1: I find this noteworthy because Pelosi wields an amazing amount
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  Speaker 1: of clout still in the Democrat Party, particularly amongst the
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  Speaker 1: establishment wing, not in the Hassan Piker wing, but certainly
• 1:06
  Speaker 1: in the wing that is the not pro-Hamas part of
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  Speaker 1: the Democrat base. And she has been able to wield
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  Speaker 1: power in a very effective way, which I begrudgingly say
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  Speaker 1: because I don't have a lot of other nice things
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  Speaker 1: to say about her. But overall, Her ability to command
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  Speaker 1: power has been second to none in Democrat circles for
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  Speaker 1: this century, I guess. I mean, Obama's up there, but
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  Speaker 1: those two, those are the leaders. And her coming out
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  Speaker 1: and saying just a couple of days before the election
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  Speaker 1: that Abdulrahman Mohammed El-Sayed is not necessarily a guy who
• 1:39
  Speaker 1: she agrees with on issues that are Concerning and wrong,
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  Speaker 1: particularly with regard to some criticisms of the abandoning Israel
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  Speaker 1: and tones of anti-Semitism was what she was reacting to.
• 1:53
  Speaker 1: Pelosi said that she has more Jewish grandchildren than anybody
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  Speaker 1: in Congress. And she said that she does not know
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  Speaker 1: of any Democrats who engage in anti-Semitism, but there are
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  Speaker 1: a few such cases. And again, that's parsing words, I think,
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  Speaker 1: pretty carefully to say because he's not in the Congress yet.
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  Speaker 1: So she basically said that El-Sayed's position isn't a reflection
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  Speaker 1: of the Democrats in Congress. So the Congress people, the
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  Speaker 1: people she worked with when she was Speaker of the
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  Speaker 1: House and leader, is that this is not a mainstream view.
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  Speaker 1: And again, remember, Abdul El-Sayed, not just that he's got
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  Speaker 1: Muslim Brotherhood ties, is that he's also someone who minimized
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  Speaker 1: a Muslim terrorist attack on a Jewish synagogue as hurt
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  Speaker 1: people hurting people. So the innocents who were murdered in
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  Speaker 1: the synagogue were actually– part of the oppressor class that
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  Speaker 1: victimized the person who killed them which is shocking and
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  Speaker 1: should be unacceptable for people to be allowed in polite
• 2:47
  Speaker 1: society all right the next big news item to start
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  Speaker 1: the day is we just learned and this is wild
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  Speaker 1: ilhan omar's alleged brother the brother husband is gay a
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  Speaker 1: sort of i guess i don't know recall that this
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  Speaker 1: man his name is ahmed nur saeed elmi He and
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  Speaker 1: Omar were married in 2009, and they remained married until 2017,
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  Speaker 1: even though Omar had another boyfriend at the time with
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  Speaker 1: whom she bore children with both before and during this marriage.
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  Speaker 1: So remember, Omar had children before this marriage and during
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  Speaker 1: the marriage with another guy. But she was married to
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  Speaker 1: this guy who looks exactly like her, is younger, and
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  Speaker 1: is now apparently a homosexual. So again, this is another
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  Speaker 1: thing that was– this just came up in August of–
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  Speaker 1: which year was this? Was this 2009 that he wrote this?
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  Speaker 1: But I'm looking at a fresh document that had surfaced.
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  Speaker 1: As a gay man of the East African diaspora, my
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  Speaker 1: field work was never neutral. He wrote in a paper
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  Speaker 1: studying violence against homosexuals in Africa. Wild stuff. A Daily
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  Speaker 1: Caller I saw got this, and shout out to them
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  Speaker 1: if they got this first. Crazy stuff. Crazy reports. And
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  Speaker 1: so will any of this make a difference? I don't
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  Speaker 1: know because we're so divided in terms of our politics.
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  Speaker 1: And if you like the idea of Hamas and you
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  Speaker 1: like the idea of Israel, if you like the idea
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  Speaker 1: of the government funding transing of the children, then you're
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  Speaker 1: still going to vote for Democrats. But I'm hoping there's
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  Speaker 1: enough people who will hear this stuff who will now
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  Speaker 1: come off the sidelines. El-Sayed had a line about taxpayers
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  Speaker 1: funding transitioning of children into that again, you would think
• 4:33
  Speaker 1: this in and of itself would be disqualifying. Play cut 12, please, guys.
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  Speaker 1: I mean, could you envision yourself, if you want universal healthcare,
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  Speaker 1: could you pass universal healthcare plan, which would not cover
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  Speaker 1: puberty blockers for minors? Is that a compromise, I guess,
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  Speaker 1: that you'd be willing to accept?
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  Speaker 2: You know, Sarah, that's a hypothetical, but the question really is,
• 4:51
  Speaker 2: what is government for? Like, what is our politics really about?
• 4:54
  Speaker 2: And I think there are a lot of people who
• 4:55
  Speaker 2: want to distract us from the fact that our politics
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  Speaker 2: have not addressed the material needs of our lives by
• 5:00
  Speaker 2: trying to make politics about cultural war. To me, it's
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  Speaker 2: not even about cultural war.
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  Speaker 1: It's just about rights.
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  Speaker 2: It's about whether or not we stand up against the
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  Speaker 2: tyranny of government to tell people how they get to
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  Speaker 2: live their lives or not. And to me, that there
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  Speaker 2: is the real question. So to me, rights are rights
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  Speaker 2: are rights are rights. And the question of the kind
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  Speaker 2: of health care that you can get is a choice
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  Speaker 2: between you, your doctor, and if you're under 18, your parent.
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  Speaker 1: This guy's chick is going to age so poorly because
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  Speaker 1: he's so canned and it's just so performative. But the
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  Speaker 1: rights are rights are rights. He's saying that it's a
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  Speaker 1: culture war, that we don't want taxpayers to have to
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  Speaker 1: fund transitioning of children. That's what he's saying. If it's
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  Speaker 1: a government-run health care plan and that government-run health care
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  Speaker 1: plan pays for puberty blockers for children that means you're
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  Speaker 1: going to confiscate money from me and my family at
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  Speaker 1: gunpoint that I earned to pay for transitioning of children
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  Speaker 1: which is a massive hoax and should be illegal period
• 5:56
  Speaker 1: should be illegal and yet we're allowing for this to
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  Speaker 1: take place and he's saying for sure we need taxpayer
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  Speaker 1: money for it but rights are rights are rights are
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  Speaker 1: rights whatever that means These guys are completely insane, completely insane.
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  Speaker 1: And we're going to look back on this election. We think,
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  Speaker 1: I can't believe this is the slate of candidates. Even
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  Speaker 1: if they win, we're going to think this. Here's a
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  Speaker 1: James Talafrico cut 13, please.
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  Speaker 3: And I guess I'm just confused by having a rainbow
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  Speaker 3: in class is considered indoctrination.
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  Speaker 1: Why would a gay symbol being in a school for
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  Speaker 1: children be considered indoctrination? I don't know, because maybe those
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  Speaker 1: types of conversations are meant for the families. Maybe families
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  Speaker 1: should be the ones introducing that stuff. And you can't
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  Speaker 1: have some activist teacher coming in and doing some sort
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  Speaker 1: of a gay education on your kids or trans education.
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  Speaker 1: Maybe that's something that should be reserved for the home.
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  Speaker 1: And maybe for a taxpayer-funded school system, we shouldn't have
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  Speaker 1: to insist that the teachers introduce these subjects instead of
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  Speaker 1: having the families do it. Do you see why conservatives
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  Speaker 1: might see this as a big deal, why normal Americans
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  Speaker 1: might see this as a big deal? It goes on.
• 7:05
  Speaker 1: Here's a cut of Amy Acton, who's running for governor
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  Speaker 1: of Ohio, and Vivek Ramaswamy, who I've known for a
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  Speaker 1: while and is very bright and very capable, has not
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  Speaker 1: run a perfect campaign, shall we say. Shall we say that?
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  Speaker 1: Is that okay to say? But he could conceivably still win,
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  Speaker 1: partially because this is the woman he's up against. Cut 15.
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  Speaker 4: Oh, it's so good. Good to be back here at UAW.
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  Speaker 5: Yeah.
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  Speaker 4: It's about truth and.
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  Speaker 6: Justice, I just wrote on the words back here.
• 7:37
  Speaker 4: I'm honored to be here. We've been in Toledo a lot.
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  Speaker 6: There's a big energy going on here.
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  Speaker 4: I can feel it.
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  Speaker 7: Oh, my goodness.
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  Speaker 6: First of all. I just want to say to you,
• 7:53
  Speaker 6: you know, it has been quite a week this past week.
• 7:57
  Speaker 6: And Eric and I just want to thank everyone, your
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  Speaker 6: support and love.
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  Speaker 1: This honestly reminds me of the conversations you'd have the
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  Speaker 1: last conversation of the night at a college rap party
• 8:09
  Speaker 1: that you'd have. Like, you know that one, the last
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  Speaker 1: one of the night where someone acts like they're really
• 8:14
  Speaker 1: connecting with you, but it's really that they just are
• 8:17
  Speaker 1: on their seventh appletini. Like, that's exactly what it sounds like.
• 8:21
  Speaker 1: By the way, by the way, Halloween's coming up. Halloween's tomorrow,
• 8:24
  Speaker 1: for those of you listening live. And I will tell you,
• 8:26
  Speaker 1: I've got some Halloween specials coming up. I'm going to
• 8:28
  Speaker 1: get into all of my Halloween costumes all the kids
• 8:32
  Speaker 1: are doing. I'll do that with Emma Jo. I'll record
• 8:33
  Speaker 1: that today. They'll come out over the weekend. I've got
• 8:35
  Speaker 1: a Halloween special now with movie recommendations with John Nolte
• 8:38
  Speaker 1: up today. But I will tell you, tell your daughters,
• 8:41
  Speaker 1: tell your girlfriends, do not dress like Jane Doe from Cornell.
• 8:45
  Speaker 1: Don't do it. They don't. The ladies, they give themselves
• 8:48
  Speaker 1: this excuse. Once a year, you're allowed to dress like
• 8:50
  Speaker 1: Jane Doe from Cornell at the frat party, and you
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  Speaker 1: can't do that. And by the way, I have no
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  Speaker 1: idea how she dressed, but I just feel like that's–
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  Speaker 1: it is something that we do this as a culture,
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  Speaker 1: that apparently that Halloween is just an excuse to do
• 9:02
  Speaker 1: everything that would maybe invite the wrong sorts of attention
• 9:05
  Speaker 1: from the wrong sorts of people. Okay, I got a lot.
• 9:08
  Speaker 1: When I come back from the break, I'm going to
• 9:09
  Speaker 1: play for you I think maybe the most important point
• 9:13
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  Speaker 4: Oh, it's so good. Good to be back here at UAW.
• 11:52
  Speaker 4: It's about truth and.
• 11:54
  Speaker 6: Justice, I just wrote on the words back here.
• 11:59
  Speaker 4: I'm honored to be here.
• 12:01
  Speaker 1: Okay, listen, listen. This is important. You and me, we're
• 12:06
  Speaker 1: going to fix everything. Shut up, shut up. I'm not
• 12:10
  Speaker 1: even drunk. Cassie says I can't drink, but I can drink.
• 12:14
  Speaker 1: And we're going to solve all the problems. War, no
• 12:16
  Speaker 1: more war. Climate change. You and me, you and me,
• 12:21
  Speaker 1: we're going to plant trees, lots of trees, and no
• 12:25
  Speaker 1: more straws. Okay? We did that. We fixed it. Is
• 12:29
  Speaker 1: that what it sounds like? It's like it's the last
• 12:31
  Speaker 1: conversation you have at the sorority party. She could be
• 12:33
  Speaker 1: the governor of Ohio if we're not careful. And if
• 12:36
  Speaker 1: we're not careful, it's because the establishment media, I think,
• 12:40
  Speaker 1: has done a– they've reinvented fake news. We're in fake
• 12:43
  Speaker 1: news 2.0. I feel like we're in a huge fake
• 12:46
  Speaker 1: news moment. The vice president did a town hall with
• 12:50
  Speaker 1: Jesse Waters, I think it was last night, and I
• 12:52
  Speaker 1: got a cut of it in a young woman. I
• 12:55
  Speaker 1: think earnestly asked a question, which was a fairly interesting
• 12:58
  Speaker 1: question about cost of living and the vice president. This
• 13:03
  Speaker 1: is the cut. OK, I want to play for you
• 13:06
  Speaker 1: the question and the vice president's initial reaction. And then
• 13:10
  Speaker 1: I'm going to play for you his full context reaction.
• 13:13
  Speaker 1: I'm going to explain to you why I feel like
• 13:15
  Speaker 1: I'm concerned about the rate of fake news in this
• 13:17
  Speaker 1: particular election. Cut 16, please, guys.
• 13:21
  Speaker 8: That my generation hears from the right is to get
• 13:23
  Speaker 8: married young, have kids young, have as many kids as possible.
• 13:27
  Speaker 8: And I think what the right doesn't acknowledge most of
• 13:29
  Speaker 8: the time is how disincentivized we are currently because of
• 13:32
  Speaker 8: the cost of owning a home and the general expenses
• 13:35
  Speaker 8: of raising a family. And so my question is, how
• 13:38
  Speaker 8: does the right and yourself expect us to start families
• 13:41
  Speaker 8: young when the average price of a home in America
• 13:43
  Speaker 8: now costs more than $ 415, 000, which just feels out of
• 13:45
  Speaker 8: reach for us?
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  Speaker 6: Sure.
• 13:48
  Speaker 5: Sure.
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  Speaker 9: Well, first of all, again, thank you for the question
• 13:50
  Speaker 9: and thanks for the support. I want to point out
• 13:54
  Speaker 9: that I think that I've been asked four or maybe
• 13:56
  Speaker 9: five questions by my count. I've only been asked one
• 13:59
  Speaker 9: question about John Houston. And it was by Jesse Water.
• 14:03
  Speaker 9: That's what people are talking about. Maybe you should run
• 14:07
  Speaker 9: for Senate on the Democratic side here in Texas.
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  Speaker 8: OK, so.
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  Speaker 1: All right. So that's good, guys. So that's how it begins.
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  Speaker 1: It's a good question. Young people feel concerned about the
• 14:18
  Speaker 1: cost of living, particularly home prices, and it's disincentivizing them
• 14:23
  Speaker 1: to do what a lot of conservatives say, which is
• 14:25
  Speaker 1: get married and start a family and then try to
• 14:26
  Speaker 1: buy a home. So Vance goes and he makes a
• 14:30
  Speaker 1: silly joke about John Husted, which is probably– I'm guessing
• 14:33
  Speaker 1: he would have taken that back as his initial response.
• 14:37
  Speaker 1: That clip right now on the Aaron Ruppar account, which
• 14:39
  Speaker 1: is a very popular left-wing account, is at 6.6 million
• 14:42
  Speaker 1: views right now as I'm recording the show. Now I
• 14:45
  Speaker 1: want to play for you the rest of the vice
• 14:47
  Speaker 1: president's answer. Play cut 17. It's going to be a little.
• 14:49
  Speaker 9: Bit of a complicated answer because I think we have
• 14:51
  Speaker 9: to take stock of the fact that the reason why
• 14:55
  Speaker 9: housing exploded in the United States of America is in
• 14:58
  Speaker 9: part because we allowed 20 million illegal aliens into our
• 15:02
  Speaker 9: country to buy homes that ought by right go to
• 15:04
  Speaker 9: American citizens. Another reason why housing got too expensive in
• 15:09
  Speaker 9: this country is because we allowed homes to be bought
• 15:12
  Speaker 9: up by Wall Street and foreign investors when those homes
• 15:15
  Speaker 9: ought to go to American citizens. And part of the
• 15:18
  Speaker 9: reason I'm so proud of our work on the Trump
• 15:20
  Speaker 9: administration is that on both of those issues, getting illegal
• 15:23
  Speaker 9: aliens out, stopping the housing benefits that were going to
• 15:26
  Speaker 9: illegal aliens, but also banning the practice of Wall Street
• 15:29
  Speaker 9: buying up American homes. We've done all of that in
• 15:32
  Speaker 9: the last 18 months.
• 15:35
  Speaker 1: And that is absolutely a fantastic answer. And that, from
• 15:38
  Speaker 1: the Vice President's account, the Vice President of the United States,
• 15:40
  Speaker 1: his official account, at VP on XE Everything app, is
• 15:43
  Speaker 1: at 165,000 views. So you guys want to do the
• 15:47
  Speaker 1: math on that? We are talking dozens of times more
• 15:53
  Speaker 1: views for the joke about Houston and nothing with the
• 15:58
  Speaker 1: actual content, which is fantastic. Which is the major problems
• 16:02
  Speaker 1: here is, first of all, we've got to understand this,
• 16:04
  Speaker 1: where the root causes. The number one issue here is immigration.
• 16:08
  Speaker 1: Too much immigration legal, too much immigration illegal is driving
• 16:11
  Speaker 1: up the cost of housing. And who do you trust
• 16:15
  Speaker 1: more on immigration? Do you trust the people who opened
• 16:17
  Speaker 1: the borders completely and then allowed for way too many
• 16:20
  Speaker 1: H-1B workers to come in? Or do you trust the
• 16:22
  Speaker 1: MAGA wing and the conservative movement? That is the response.
• 16:25
  Speaker 1: But we don't get to that response in the viral clip.
• 16:27
  Speaker 1: What we get to in the viral clip is just J.D.
• 16:29
  Speaker 1: makes kind of a silly joke. And also there's more
• 16:32
  Speaker 1: to the answer that I think would be important to
• 16:35
  Speaker 1: point out. is that first of all, you have kids
• 16:37
  Speaker 1: and you start a family because it's fulfilling. And the
• 16:40
  Speaker 1: alternative to buying a house is worse, regardless if the
• 16:42
  Speaker 1: houses are expensive. But we can't just look at the
• 16:44
  Speaker 1: average price of a home. You shouldn't necessarily get an
• 16:47
  Speaker 1: average home when you're in your 20s. It'd be nice
• 16:50
  Speaker 1: if you're a real baller, you can do it. But
• 16:51
  Speaker 1: for the most part, maybe look at a smaller home
• 16:54
  Speaker 1: in a community with a lot of opportunity for a
• 16:57
  Speaker 1: good community plus good job opportunities. And the fact is
• 17:01
  Speaker 1: that a lot of private equity, a lot of predatory lending,
• 17:04
  Speaker 1: a lot of younger people getting indebted to universities for
• 17:07
  Speaker 1: useless liberal arts degrees and way too much immigration is
• 17:10
  Speaker 1: the reason why we have this problem. And so who
• 17:13
  Speaker 1: are the ones who are offering any sort of reasonable
• 17:15
  Speaker 1: alternative to fix it? It's the MAGA Republicans. Do people
• 17:18
  Speaker 1: know that, though, heading to Election Day? I'm not so sure.
• 17:20
  Speaker 1: We'll be right back. So I spent all this time
• 17:27
  Speaker 1: sending the radio audience to the podcast feed. But the
• 17:30
  Speaker 1: podcast feed, if you don't listen live, you miss all
• 17:32
  Speaker 1: Sean's bangers. DJ Sean McConnell here. Some Kate Bush. Nice. Okay.
• 17:39
  Speaker 7: All right.
• 17:39
  Speaker 1: So I got to tell you guys about what we're
• 17:40
  Speaker 1: going to do on election night here at Salem. We've
• 17:43
  Speaker 1: got something. We're calling it Decision 2026. Decision 2026. I'm
• 17:47
  Speaker 1: going to make that pronunciation a little smoother. But we're
• 17:51
  Speaker 1: going to have election day coverage all day long. So
• 17:53
  Speaker 1: obviously on the Salem radio stations... and on the Salem
• 17:56
  Speaker 1: News Channel, which is OTT, over-the-top streaming. If you have streaming,
• 18:00
  Speaker 1: you probably have Salem on your cable provider, whatever you got, satellite.
• 18:05
  Speaker 1: You probably have it, and if you don't, you should
• 18:07
  Speaker 1: go to the Salem News Channel, and you should figure
• 18:08
  Speaker 1: it out because we're going to have some fun. I'm
• 18:11
  Speaker 1: co-hosting with Gallagher for a couple hours, but I know
• 18:13
  Speaker 1: we're going to have up-to-the-minute results all night, and it's
• 18:16
  Speaker 1: going to be fun. I will be there as well as,
• 18:18
  Speaker 1: I think, pretty much all my colleagues, probably all of them.
• 18:20
  Speaker 1: It's going to be fun. Decision 2026. That is November 3rd.
• 18:23
  Speaker 1: That is Tuesday. And please be there because I don't
• 18:26
  Speaker 1: want to do this stuff just for Gallagher's audience. I
• 18:28
  Speaker 1: want my audience there, too. So show up. It's going
• 18:30
  Speaker 1: to be fun. I'm telling you guys about the Z
• 18:32
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• 18:40
  Speaker 1: remember the late Dr. Zev Zelenko? He was a guy
• 18:44
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  Speaker 1: and saying that, you know what? People need help. They're
• 18:49
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• 19:50
  Speaker 1: it a shot. Yeah, it's a, looking at some of
• 19:53
  Speaker 1: the radicalism, the fact that the Democrats are cheating in
• 19:56
  Speaker 1: the Alaska race, that they're trying to disenfranchise, they're trying
• 19:59
  Speaker 1: to trick the voters of Alaska. Do you guys believe
• 20:03
  Speaker 1: how appalling this is that they put a fake Dan
• 20:05
  Speaker 1: Sullivan on the ballot? The Mary Peltola campaign was well
• 20:08
  Speaker 1: aware of it, if not actively involved in it. That's
• 20:11
  Speaker 1: the Democrat campaign. Trying to trick the voters to vote
• 20:14
  Speaker 1: for the wrong Dan Sullivan. And this is tolerated. This is,
• 20:18
  Speaker 1: in fact, encouraged. The media is acting like this isn't
• 20:22
  Speaker 1: even a big deal that this is happening. I want
• 20:25
  Speaker 1: to play this cut. This is Robert Garcia, who is
• 20:28
  Speaker 1: likely to lead the Oversight Committee if the Democrats win
• 20:32
  Speaker 1: the House. So this frames up the state pretty big league,
• 20:35
  Speaker 1: in my opinion, because Robert Garcia, if he becomes oversight committee,
• 20:39
  Speaker 1: he's saying flat out, we have no interest in figuring
• 20:41
  Speaker 1: out the blatant election fraud in Alaska. Let's play cut 11, please, guys.
• 20:45
  Speaker 10: I mean, look, obviously, Chairman Comer will be chair for,
• 20:48
  Speaker 10: I think, a couple more months, and he can certainly
• 20:50
  Speaker 10: bring up any hearing he wants.
• 20:51
  Speaker 1: I think what's important is it appears.
• 20:53
  Speaker 10: That whoever was involved in this was fired by the
• 20:55
  Speaker 10: Patola campaign over the summer. I think the state of
• 20:58
  Speaker 10: Alaska should take any lead in investigations.
• 21:01
  Speaker 1: I'm sure that they will.
• 21:03
  Speaker 10: And it's interesting, of course, that Donald Trump has been
• 21:05
  Speaker 10: trying to also cause issues and havoc with the Alaska
• 21:09
  Speaker 10: election now for weeks. And the idea that Donald Trump
• 21:12
  Speaker 10: is somehow the arbiter of good ethics in elections is crazy.
• 21:16
  Speaker 10: This guy, all he tries to do is cause chaos.
• 21:19
  Speaker 10: And so let's let the people of Alaska vote. If
• 21:22
  Speaker 10: there's going to be an investigation, we'll find out what happened.
• 21:25
  Speaker 10: But I suspect that this isn't going to be a
• 21:27
  Speaker 10: big issue in an election day.
• 21:28
  Speaker 1: People understand. This is Donald Trump is a bad guy,
• 21:32
  Speaker 1: so we're allowed to cheat in Alaska. They're trying to
• 21:35
  Speaker 1: disenfranchise Alaskan voters. That someone who is trying to impersonate
• 21:40
  Speaker 1: a Dan Sullivan, he's not campaigning at all. Do you
• 21:43
  Speaker 1: guys know that? The fake Dan Sullivan is not a
• 21:45
  Speaker 1: real candidate. He's not going on the campaign trail. Does
• 21:48
  Speaker 1: anyone in the media care about this? So a local
• 21:52
  Speaker 1: Alaska reporter pointed out that Sullivan has not done a
• 21:57
  Speaker 1: single campaign event. He doesn't do campaign events. The fake
• 22:00
  Speaker 1: Dan Sullivan, the decoy Dan.
• 22:02
  Speaker 8: Why?
• 22:03
  Speaker 1: Because he's designed just to trick voters. And the person
• 22:05
  Speaker 1: who's in charge of oversight for the Democrats in the
• 22:08
  Speaker 1: House said it's actually Trump is a really bad guy,
• 22:10
  Speaker 1: so we're not going to look into it. We're going
• 22:12
  Speaker 1: to completely ignore this. Frames up the stakes a little bit, right?
• 22:17
  Speaker 1: People who are thinking of staying home because maybe you're
• 22:19
  Speaker 1: not 100% satisfied with parts of the Trump agenda. All right,
• 22:22
  Speaker 1: we have our guests on the line, guys.
• 22:25
  Speaker 2: Okay, cool.
• 22:25
  Speaker 1: Well, Mike Beltran is with me. He's running for a
• 22:28
  Speaker 1: crucial seat in Florida right now where he's taking on
• 22:31
  Speaker 1: incumbent Kathy Castor in the 14th Congressional District. And you've
• 22:36
  Speaker 1: got an interesting story there, Micah. Glad to have you
• 22:39
  Speaker 1: on the show. So you're a guy, deeply educated, Harvard Law.
• 22:43
  Speaker 1: You find yourself down in Florida. Give me that trajectory.
• 22:48
  Speaker 3: Graduated Harvard Law School right before the recession. I worked
• 22:51
  Speaker 3: for a little while in New York, and it wasn't
• 22:53
  Speaker 3: a great situation, either economically or in terms of individual
• 22:57
  Speaker 3: freedom in New York City. So in 2010, in the
• 23:00
  Speaker 3: middle of the recession, I moved down to Florida to
• 23:03
  Speaker 3: clerk for a federal judge. I started my law practice.
• 23:06
  Speaker 3: I do business litigation here in Tampa, and I started
• 23:09
  Speaker 3: my family. And that was all... 17 years ago, the
• 23:13
  Speaker 3: Tampa Bay area has given me so much. When I
• 23:16
  Speaker 3: was a bachelor and I moved here, Kathy Castor was
• 23:18
  Speaker 3: a congresswoman and I lived in her district and had
• 23:21
  Speaker 3: to live with that. And I moved to the suburbs
• 23:25
  Speaker 3: and I served six years in the Florida House from
• 23:27
  Speaker 3: 2018 until retiring in 2024. And then they redrew the
• 23:32
  Speaker 3: districts and she was going to be my congresswoman again.
• 23:35
  Speaker 3: And this time I had some political experience and I
• 23:37
  Speaker 3: had some money and I think I had a reputation
• 23:40
  Speaker 3: in the community. And I figured this was the time
• 23:43
  Speaker 3: for her to go. I didn't want her to be
• 23:44
  Speaker 3: my congresswoman again.
• 23:47
  Speaker 1: All right, so it's a super high-profile race. The battleground
• 23:50
  Speaker 1: here is very well-funded. There's a lot of money going
• 23:53
  Speaker 1: into this, and it should technically be a Republican-leaning area,
• 23:56
  Speaker 1: but it's been redrawn, so there's always a lot of
• 23:58
  Speaker 1: concern here. You have a lot of high-profile endorsements. Tell
• 24:02
  Speaker 1: me about some of the endorsements, and tell me about
• 24:04
  Speaker 1: some of the policies that you'd like to see enacted.
• 24:08
  Speaker 3: Well, we've got all the endorsements you'd expect me to have.
• 24:11
  Speaker 3: We have Rick Scott, Ashley Moody, the Governor Ron DeSantis,
• 24:15
  Speaker 3: the President. We had Jim Jordan come down. The Speaker
• 24:18
  Speaker 3: came down. Leader Scalise came down. Whip Emmer's coming on Sunday,
• 24:23
  Speaker 3: along with some other members of the leadership. So we've
• 24:27
  Speaker 3: got a lot of great endorsements. We kicked off in
• 24:29
  Speaker 3: the primary. I had over 100 local endorsements, including some
• 24:33
  Speaker 3: of the congressional delegation from here in West Florida. So
• 24:37
  Speaker 3: we're doing really well, and then we've... We've got the
• 24:41
  Speaker 3: Hillsborough Firefighters. We've got the FOP, PBA, some other first
• 24:47
  Speaker 3: responder organizations. So we've got all the endorsements we would
• 24:51
  Speaker 3: expect to have. And we've got some good turnout, too.
• 24:54
  Speaker 3: We're about even with going into the last weekend of
• 24:58
  Speaker 3: early voting. They're up in mail and we're up in
• 25:01
  Speaker 3: early voting, early in-person voting, that is. And then we
• 25:05
  Speaker 3: tend to do very well on Election Day.
• 25:07
  Speaker 1: So give me your top three issues for you in
• 25:09
  Speaker 1: this campaign.
• 25:12
  Speaker 3: The first one is the deficit. We spend $ 2 trillion
• 25:16
  Speaker 3: a year more than we take in. That's unacceptable. Half
• 25:20
  Speaker 3: of that is interest on previously accrued debt. Most of
• 25:23
  Speaker 3: that debt has been accrued on my opponent's watch during
• 25:26
  Speaker 3: the last 20 years that she's been in Congress. She's
• 25:28
  Speaker 3: never voted for a balanced budget. When we were in Tallahassee,
• 25:32
  Speaker 3: we always had a balanced budget. And a lot of
• 25:35
  Speaker 3: that debt is being monetized, meaning we're printing and borrowing money,
• 25:39
  Speaker 3: and that's highly inflationary. It's leading to the second issue,
• 25:42
  Speaker 3: which is affordability. My opponent voted against the working family's
• 25:45
  Speaker 3: tax cut. No tax on tips, no tax on overtime,
• 25:49
  Speaker 3: no tax on Social Security. She's against all of those things.
• 25:52
  Speaker 3: She has done nothing for affordability. She complains about various
• 25:56
  Speaker 3: problems that have existed for all or part of the
• 25:58
  Speaker 3: last 20 years. She either attempted to solve these problems
• 26:02
  Speaker 3: and failed, or she didn't try to solve these problems, or,
• 26:05
  Speaker 3: as is often the case, she created some of these problems,
• 26:08
  Speaker 3: such as the deficit, such as the debt, such as
• 26:10
  Speaker 3: the affordability issues. And and so we need to go
• 26:15
  Speaker 3: to Washington. We need to obviously enforce immigration laws. We
• 26:19
  Speaker 3: have anchor babies and birth tourism here in the United States.
• 26:22
  Speaker 3: I've pledged to file a constitutional amendment to address that
• 26:25
  Speaker 3: and to file a constitutional amendment to redress the deficit
• 26:29
  Speaker 3: spending in Washington.
• 26:32
  Speaker 1: Give your take on immigration and the border.
• 26:35
  Speaker 3: Well, my opponent has voted against border funding. She, of course,
• 26:40
  Speaker 3: votes for trans surgeries for minors, but she votes against
• 26:43
  Speaker 3: border funding. She also votes against hurricane relief, by the way. Look,
• 26:47
  Speaker 3: we need to enforce the border laws. We need to
• 26:51
  Speaker 3: enforce immigration laws. The only people who should be coming
• 26:54
  Speaker 3: across the border should be at designated checkpoints subject to
• 26:58
  Speaker 3: government approval and subject to our immigration laws. We've largely...
• 27:03
  Speaker 3: accomplished that. But we have a lot of people, millions
• 27:06
  Speaker 3: and millions of people who crossed the border illegally during
• 27:09
  Speaker 3: the Biden administration. And I wish we didn't have to
• 27:11
  Speaker 3: deal with that problem. Biden and Harris and my opponent
• 27:16
  Speaker 3: should not have let that problem occur. They should not
• 27:19
  Speaker 3: have let all these illegal immigrants accumulate in the country.
• 27:23
  Speaker 3: They should have allowed legal immigration. And so now we
• 27:27
  Speaker 3: have to deal with that problem.
• 27:30
  Speaker 1: Okay, so talk to me about turnout because this is
• 27:32
  Speaker 1: all all that really matters at this point and there's
• 27:35
  Speaker 1: not a ton of polling that's public on the race
• 27:37
  Speaker 1: a lot of the various crystal balls considered a toss-up
• 27:40
  Speaker 1: even a lean republican some of the betting markets are
• 27:43
  Speaker 1: betting on your opponent right now so this is really
• 27:45
  Speaker 1: a nail biter an expensive one uh what do you
• 27:48
  Speaker 1: what are you seeing so far in the turnout for
• 27:50
  Speaker 1: the early voting and what's the key to getting over
• 27:53
  Speaker 1: the finish line on tuesday Sure.
• 27:56
  Speaker 3: Well, look, this is a Republican district by registration. My independence,
• 28:00
  Speaker 3: even in years like 2018 and 2020, which may not
• 28:03
  Speaker 3: have been great for Republicans, my independence tends to skew conservative.
• 28:08
  Speaker 3: That's the vibe I've been getting at the door. I
• 28:10
  Speaker 3: was at the Bloomingdale Library yesterday, and it was extremely busy.
• 28:14
  Speaker 3: And that's in my old territory here in East Hillsborough County.
• 28:19
  Speaker 3: And Because she lost so much of her territory over
• 28:23
  Speaker 3: in St. Pete and because I represented such a large
• 28:25
  Speaker 3: population over here in East Hillsboro, we've both represented a
• 28:30
  Speaker 3: large portion of the district before. So it's not like
• 28:33
  Speaker 3: I have those typical issues challenging an incumbent. And as
• 28:36
  Speaker 3: to the betting markets, I'll say that the betting markets
• 28:39
  Speaker 3: had me down in the teams even in the single
• 28:42
  Speaker 3: digits in my primary, and I won by almost 16
• 28:45
  Speaker 3: points in an eight-person field. So the idea that the
• 28:48
  Speaker 3: betting markets are accurate, I think, is kind of laughable.
• 28:51
  Speaker 3: They weren't accurate in the primary. I don't think they're
• 28:54
  Speaker 3: going to be accurate in the general. And in terms
• 28:56
  Speaker 3: of the turnout, we're not seeing the issues that there
• 28:59
  Speaker 3: are maybe countywide or other areas of the state. We're
• 29:03
  Speaker 3: roughly even in Republican versus Democrat turnout in my district,
• 29:06
  Speaker 3: which is a great position to be in going into
• 29:08
  Speaker 3: election day.
• 29:10
  Speaker 1: Yeah, it's been a tough road to hoe for the
• 29:13
  Speaker 1: polling people thus far. And so we'll see how Tuesday goes.
• 29:17
  Speaker 1: But that could be a big story if the polling
• 29:20
  Speaker 1: doesn't turn out to be what was promised. I got
• 29:22
  Speaker 1: about 30 seconds here. Mike, tell me a little bit
• 29:25
  Speaker 1: about what you want. Make a closing argument to me
• 29:27
  Speaker 1: and tell people where they should go to find out
• 29:28
  Speaker 1: more about the campaign.
• 29:30
  Speaker 3: Yeah, well, look, we can continue the course we have
• 29:32
  Speaker 3: in Florida with individual liberty, separation of powers, and limited government.
• 29:36
  Speaker 3: Or we can choose runaway inflation, confiscatory taxation, infringement of
• 29:40
  Speaker 3: the Constitution, court packing, open borders, and crime-filled streets. Those
• 29:43
  Speaker 3: are all things that my opponents voted for. You can
• 29:46
  Speaker 3: go to BeltranforCongress.com to get more information. Find out more
• 29:50
  Speaker 3: about me, and please vote on her before November 3rd
• 29:53
  Speaker 3: to cast her out. You can vote 7-7 anytime this weekend,
• 29:57
  Speaker 3: and then from 7-7 at any early voting place in Hillsboro,
• 30:01
  Speaker 3: and then 7-7 on Election Day at your local polling place.
• 30:04
  Speaker 3: The information's at VoteHillsboro.gov. Vote for Mike Beltran.
• 30:08
  Speaker 5: Perfect.
• 30:08
  Speaker 1: Mike Beltran, thank you for joining the show, and best
• 30:11
  Speaker 1: of luck to you on Tuesday. Guys, I've got to
• 30:14
  Speaker 1: tell you, after the election, I don't know what's going
• 30:16
  Speaker 1: to happen, but the bond market right now is hot.
• 30:19
  Speaker 1: And I don't want you to sleep on gold because
• 30:20
  Speaker 1: I got a prediction. I do think it's going to
• 30:22
  Speaker 1: go up. I'm not a financial advisor, but I think
• 30:24
  Speaker 1: it's going to go up regardless of who wins after
• 30:26
  Speaker 1: the election. I could be wrong, of course, but that's
• 30:29
  Speaker 1: just my thought. And it is a buyer's market for it.
• 30:32
  Speaker 1: Monetary gold has been the game for 25 years. And
• 30:34
  Speaker 1: they specialize in rolling over IRAs and 401ks. So if
• 30:38
  Speaker 1: you left a job and you got a retirement account,
• 30:41
  Speaker 1: these could be the guys that could help you get
• 30:43
  Speaker 1: that more activated in physical gold, which is a very
• 30:46
  Speaker 1: safe bet in the long run. And with a growing debt,
• 30:50
  Speaker 1: a weakening dollar, high demand from central banks, some central
• 30:52
  Speaker 1: banks buying up a bunch of gold, moving their gold around.
• 30:54
  Speaker 1: They'll help educate you. Super nice guys, too. You're going
• 30:56
  Speaker 1: to hear from one of their top people after the break.
• 31:00
  Speaker 1: But alexlovesgold.com is the website. alexlovesgold.com, 800-888-0807. That's 800-888-0807. Monetary Gold.
• 31:11
  Speaker 1: Good guys. A lot of information for you. They could
• 31:13
  Speaker 1: help you out a lot. Check it out. All right,
• 31:17
  Speaker 1: the precious metals market is always super exciting and something
• 31:21
  Speaker 1: we can talk radio business. Keep a very close eye
• 31:23
  Speaker 1: on Matthew Sullivan, the head of marketing for monetary gold
• 31:26
  Speaker 1: is with me. And Matthew, we get a lot to
• 31:28
  Speaker 1: get into. There's a lot of economic items that are
• 31:30
  Speaker 1: always front and center for me, but gold right now,
• 31:34
  Speaker 1: Could we be seeing a gold correction? Gold fallen pretty
• 31:37
  Speaker 1: significantly from its record highs earlier in the year, but
• 31:40
  Speaker 1: at the same time, we're seeing a lot of Americans
• 31:43
  Speaker 1: put billions of dollars into gold-backed funds. So what's going
• 31:47
  Speaker 1: on here? Clarify what's the difference, and What should people do?
• 31:51
  Speaker 1: What should they make of this correction?
• 31:53
  Speaker 6: Yeah.
• 31:53
  Speaker 5: So as you said earlier, we have coming off of
• 31:56
  Speaker 5: our second month in a row of all-time, of gold
• 31:59
  Speaker 5: being down, right? Back in March, February, gold hit its
• 32:03
  Speaker 5: all-time high, over $ 5, 000. Today's prices were sitting at around $ 4, 000.
• 32:08
  Speaker 5: So about a 20% difference, correction, whatever you want to
• 32:12
  Speaker 5: call it, discount, what have you. So right now is
• 32:15
  Speaker 5: kind of a very interesting time with gold, right? As
• 32:18
  Speaker 5: you said earlier, about $ 3. 8 billion was put into gold-backed
• 32:24
  Speaker 5: ETFs just in September. And gold-backed ETF is an opening
• 32:29
  Speaker 5: to the price of gold. It's not the actual physical
• 32:31
  Speaker 5: gold itself. But if we look at Q3 as a whole,
• 32:35
  Speaker 5: $ 31 million was spent on these ETFs.
• 32:38
  Speaker 7: Now, again.
• 32:39
  Speaker 5: Difference in gold bars and coins, of course, but it
• 32:42
  Speaker 5: is showing that there is still a lot of resilience,
• 32:44
  Speaker 5: a lot of effort, and still a lot of attention
• 32:46
  Speaker 5: put onto gold. Now, if you are thinking about gold,
• 32:49
  Speaker 5: now might be a great time for you to buy
• 32:51
  Speaker 5: because you are buying at a discount. It's the old
• 32:54
  Speaker 5: idea of buy low, sell high. This is your buy
• 32:58
  Speaker 5: low point. So if you are thinking about gold, right
• 33:00
  Speaker 5: now may be the perfect time to do it, especially
• 33:02
  Speaker 5: with kind of all the things going on right now
• 33:04
  Speaker 5: and might be facing a new Washington, new government, new
• 33:07
  Speaker 5: bunch of everything. this might be your time.
• 33:10
  Speaker 1: Yeah, it is interesting. And then a lot of the
• 33:12
  Speaker 1: time with these midterms that things like precious metals go
• 33:15
  Speaker 1: up right away. So again, the buy low, sell high
• 33:17
  Speaker 1: thing is definitely something for people to consider at this time.
• 33:20
  Speaker 1: But I want to get into why is gold falling
• 33:23
  Speaker 1: when the economy is uncertain? But there's a lot of
• 33:26
  Speaker 1: positive signs. My live show audience will have heard me
• 33:30
  Speaker 1: break down some of the GDP numbers that came out today,
• 33:33
  Speaker 1: and they were sparkling. And people are not walking around
• 33:35
  Speaker 1: as if GDP is is doing as well as it is.
• 33:40
  Speaker 1: And the Fed saying they're not going to cut rates
• 33:42
  Speaker 1: right now. Break some of that down, Matthew, and tell
• 33:45
  Speaker 1: me exactly where you think gold fits in with all this.
• 33:47
  Speaker 5: Yeah, so you've made some really good points. You know,
• 33:50
  Speaker 5: GDP is up to 3.4%. Last quarter, we're sitting at 2.2%.
• 33:54
  Speaker 5: So 1.2% of drives, which it doesn't seem like a lot,
• 33:58
  Speaker 5: but it does show that there are some very positive
• 34:00
  Speaker 5: signs of the economy growing.
• 34:02
  Speaker 7: It's stabilizing.
• 34:03
  Speaker 5: There could be some of the weak points that we
• 34:05
  Speaker 5: saw over the summer with the war starting to potentially
• 34:08
  Speaker 5: ease out. Now, that does not mean things like inflation,
• 34:12
  Speaker 5: government spending, debt, overall uncertainty are going away anytime soon.
• 34:17
  Speaker 5: In fact, we are increasing more and more debt on
• 34:20
  Speaker 5: a daily basis. You mentioned inflation. Inflation is still holding strong.
• 34:25
  Speaker 5: Fuel prices are still very, very high. We're looking at
• 34:29
  Speaker 5: things like shipping costs, transportation costs. All those are all
• 34:33
  Speaker 5: factoring into this really big pile of inflation. And gold
• 34:37
  Speaker 5: is not what we would call a typical weather bell.
• 34:40
  Speaker 5: Maybe we'll have inflation, right? Inflation goes up, gold goes up.
• 34:42
  Speaker 5: That's not necessarily the case every single time. In fact,
• 34:45
  Speaker 5: we're actually seeing the exact opposite of that right now.
• 34:48
  Speaker 5: But what gold is doing is it's paying attention to
• 34:51
  Speaker 5: a lot of these things. It's seeing the markets are
• 34:53
  Speaker 5: starting to even out. It's seeing that there was no
• 34:56
  Speaker 5: rise in overall growth. that interest rates, right? They're still
• 35:01
  Speaker 5: holding at 3.75 to 4%. A lot of people were
• 35:04
  Speaker 5: hedging that interest rates were going to come up in
• 35:06
  Speaker 5: the last day or so, but they didn't. They stayed
• 35:08
  Speaker 5: sent They stayed where they were, even though it was
• 35:10
  Speaker 5: not a completely unanimous decision. Gold sees all that, and
• 35:13
  Speaker 5: it's taking kind of signals like, hey, there are some
• 35:15
  Speaker 5: interesting things going on here. This might affect the dollar's output.
• 35:19
  Speaker 5: This might be affecting the next round of policy that
• 35:21
  Speaker 5: comes through Washington. And gold's sitting back, and it's biding
• 35:24
  Speaker 5: its time. It's not a one-to-one-to-one ratio. X goes up,
• 35:30
  Speaker 5: Y goes down, gold goes up. That's not how this works.
• 35:33
  Speaker 5: So again, going back to it, gold's its own independent thing.
• 35:37
  Speaker 5: Unlike stocks, bonds, the markets doesn't pay dividends, right? It
• 35:40
  Speaker 5: goes up, it goes down. And it's all based off
• 35:42
  Speaker 5: of these things that we're seeing right now.
• 35:44
  Speaker 1: So here's what I'm finding confusing. We've got inflation, we've
• 35:47
  Speaker 1: got high energy prices, and there's all sorts of things
• 35:50
  Speaker 1: that are uncertain. Jobs market, very stable. We've talked about that.
• 35:53
  Speaker 1: We also know we got the rising debt, debts now
• 35:55
  Speaker 1: surpassed GDP, which it has in 70 years. It's not
• 35:58
  Speaker 1: a good thing. So what of all this combined at all,
• 36:01
  Speaker 1: what would make people interested in gold, especially when we
• 36:05
  Speaker 1: see gold going down right now, but what would compel
• 36:07
  Speaker 1: people to get interested at that this particular moment?
• 36:10
  Speaker 7: I mean, it's a really interesting time.
• 36:11
  Speaker 5: Again, we are about to hit a potential political turmoil spot, right?
• 36:16
  Speaker 5: If things go the way that things have been slated,
• 36:18
  Speaker 5: and let's just say the left does take the House,
• 36:21
  Speaker 5: even potentially gets more power in the Senate, it's possible
• 36:23
  Speaker 5: Washington comes to a complete and utter standstill. And here's
• 36:27
  Speaker 5: a really important thing. I believe the government budget is
• 36:31
  Speaker 5: coming due on the 11th. Now, the last time something
• 36:33
  Speaker 5: like this happened, Washington shut down for 43 days, right?
• 36:37
  Speaker 5: Really long amount of time where nothing was done. If
• 36:41
  Speaker 5: that happens, markets could panic. People could panic. Tax bills
• 36:44
  Speaker 5: that were coming due are going to be sitting there.
• 36:47
  Speaker 5: Interest payments on debt potentially might not be made. So
• 36:50
  Speaker 5: it could cause this massive, I don't want to call
• 36:52
  Speaker 5: it wave, but let's call it tidal influx of all
• 36:57
  Speaker 5: these things coming together that's going to be making this
• 36:59
  Speaker 5: really big kind of nasty stew of what's going to
• 37:02
  Speaker 5: happen next, right? And when things like turmoil, I'm not
• 37:07
  Speaker 5: even talking about war or anything like that, just internally
• 37:09
  Speaker 5: for now, all that kind of comes together, gold's going
• 37:11
  Speaker 5: to see kind of some interesting changes in prices potentially,
• 37:14
  Speaker 5: especially we start seeing a weakened dollar, right? When the
• 37:17
  Speaker 5: dollar goes down, typically gold goes up. People lose confidence
• 37:20
  Speaker 5: in the U.S.
• 37:20
  Speaker 7: Economy.
• 37:21
  Speaker 5: Yeah, GDP is up right now, but what is that
• 37:23
  Speaker 5: going to look like at the end of Q4 as
• 37:25
  Speaker 5: we're transitioning potentially to a whole new government body?
• 37:28
  Speaker 7: So again, it is a very, very positive outlook for gold.
• 37:31
  Speaker 5: And with the discount in price right now, this is
• 37:34
  Speaker 5: a fantastic time to really be looking considerably at gold
• 37:37
  Speaker 5: because there is a potential in the next six months
• 37:39
  Speaker 5: gold could skyrocket again.
• 37:41
  Speaker 7: We don't know.
• 37:41
  Speaker 5: We don't have a crystal ball. But if things continue
• 37:43
  Speaker 5: on the path they are, it does look pretty solid
• 37:45
  Speaker 5: for gold going forward.
• 37:46
  Speaker 1: So people who listen to my show have heard me
• 37:48
  Speaker 1: mention that central banks moving its physical gold right now.
• 37:52
  Speaker 1: And I want to provide some context we have admitted here, Matthew.
• 37:55
  Speaker 1: Let's talk about the Netherlands in particular. they moved a
• 37:59
  Speaker 1: huge amount of its gold reserves from North America to London.
• 38:02
  Speaker 1: Why would a country go through all that trouble? And
• 38:06
  Speaker 1: most importantly, what does that tell us about the importance
• 38:09
  Speaker 1: of physical gold?
• 38:10
  Speaker 5: Yeah.
• 38:11
  Speaker 7: So what they did, they did this back in September, right?
• 38:14
  Speaker 5: I don't know if they had a crystal ball seeing
• 38:16
  Speaker 5: what was happening now, but they took 86 tons of
• 38:20
  Speaker 5: their gold out of central banks in the United States
• 38:22
  Speaker 5: and Canada, and they moved it to London. Now, the
• 38:24
  Speaker 5: reason they said this is they want it closer to
• 38:27
  Speaker 5: home if Economic uncertainty, or in case of emergency, needs it.
• 38:32
  Speaker 5: So what they're seeing right now is all the things
• 38:34
  Speaker 5: that were happening in the United States, potentially a bit
• 38:37
  Speaker 5: of a kerfuffle happening here, and now what's happening in Europe,
• 38:40
  Speaker 5: they're now bringing, kind of calling all their cards in
• 38:43
  Speaker 5: to say, hey, if the If dollar tanks, if the
• 38:47
  Speaker 5: Euro tanks, if God forbid something happens with our government
• 38:50
  Speaker 5: and our economy starts going down, we have this now
• 38:53
  Speaker 5: massive stockpile of gold that we can fall back on,
• 38:56
  Speaker 5: keep ourselves afloat, sell it out at a premium, use
• 38:59
  Speaker 5: that to help pay our covers, help pay our bills,
• 39:03
  Speaker 5: and make sure that we stay afloat. Now, this is
• 39:05
  Speaker 5: a really important lesson to kind of think about when
• 39:08
  Speaker 5: you're an individual as well, right? We all have bills
• 39:10
  Speaker 5: to pay. We all have rising costs that are hitting
• 39:12
  Speaker 5: us every single day. If a big major shift happens
• 39:15
  Speaker 5: here and the dollar tanks, what does that kind of
• 39:18
  Speaker 5: leave you? Especially if you've saved, right? Your 401k gets
• 39:22
  Speaker 5: depleted if all you're in is stocks and bonds. Bull's
• 39:25
  Speaker 5: not necessarily going to have that exact same crazy market
• 39:27
  Speaker 5: correction as say a dollar, right? Where you could lose
• 39:30
  Speaker 5: potentially $ 100, 000 or a million dollars in retirement fund. Gold's
• 39:33
  Speaker 5: going to be a much more, could potentially be a
• 39:35
  Speaker 5: lot more of a stable option for you to hold.
• 39:37
  Speaker 5: And central banks see this.
• 39:39
  Speaker 7: That's why they.
• 39:39
  Speaker 5: Continually added more and more and more gold, not just
• 39:42
  Speaker 5: every month, every quarter. They've been setting records every single
• 39:45
  Speaker 5: year for the last two or three years now.
• 39:47
  Speaker 7: So I think a U.S.
• 39:48
  Speaker 5: Saver can really take a note from that and say, hey,
• 39:51
  Speaker 5: It'd be biggest banks in the world that are not
• 39:54
  Speaker 5: just considering about tomorrow, not considering about next month, heck,
• 39:56
  Speaker 5: not even considering about two years from now. They're thinking
• 39:59
  Speaker 5: decades down the line. They're investing in gold right now.
• 40:02
  Speaker 5: Maybe there's something that I need to look at as
• 40:03
  Speaker 5: an individual consumer as well.
• 40:06
  Speaker 1: Yeah, so many people in my audience and conservative talk
• 40:08
  Speaker 1: radio audience love the idea of the gold standard, and
• 40:10
  Speaker 1: yet not all of them own gold. So it's a
• 40:13
  Speaker 1: ask yourself that question. If that's you, if you like
• 40:15
  Speaker 1: the gold standard, but you don't have gold, then why
• 40:16
  Speaker 1: is that? So let's talk about physical gold ownership, what
• 40:20
  Speaker 1: that actually looks like, because you guys have a specialty,
• 40:22
  Speaker 1: which is gold IRAs, and you take your IRAs, you
• 40:26
  Speaker 1: can roll it over, you can take an old 401k.
• 40:28
  Speaker 1: So many of us have a retirement account from a
• 40:30
  Speaker 1: past job that we're just letting Atrophy, we're not really
• 40:33
  Speaker 1: thinking about it at all. Break it down specifically, what
• 40:36
  Speaker 1: are the options? And I should give the address, alexlovesgold.com
• 40:40
  Speaker 1: is the web address. There's a hotline, they're standing by
• 40:42
  Speaker 1: right now, 800-888-0807 for Monetary Gold. They're great partners in
• 40:44
  Speaker 1: this space, 800-888-0807, alexlovesgold.com. Tons of information there, tons of education.
• 40:54
  Speaker 1: But let's say someone is sitting on one of these IRAs,
• 40:57
  Speaker 1: one of these 401ks. It's not really working for them.
• 41:00
  Speaker 1: It's not optimized. What does this actually mean? What are
• 41:03
  Speaker 1: their options? What do you guys do?
• 41:05
  Speaker 7: Yeah.
• 41:05
  Speaker 5: So with what we do and what other gold IRA
• 41:08
  Speaker 5: companies do out there, if you have, say, that 401k IRA,
• 41:11
  Speaker 5: you're not pleased with the yield you've been getting. You're
• 41:14
  Speaker 5: getting a little anxious about what the stock market's going
• 41:16
  Speaker 5: to do next. You can actually roll that over into
• 41:19
  Speaker 5: a self-directed gold IRA. Now, the difference between that and
• 41:23
  Speaker 5: the stocks and bonds... Everything is still insured. Everything is
• 41:26
  Speaker 5: still safety. You can treat it just like your own IRA,
• 41:29
  Speaker 5: but instead of your traditional assets, you're investing in gold. Now,
• 41:32
  Speaker 5: the process is pretty simple. Let's just say you have
• 41:35
  Speaker 5: your 401k with $ 100, 000 in it from a company you
• 41:36
  Speaker 5: worked at 20 years ago. What you could do is
• 41:41
  Speaker 5: you can open a self-directed IRA and you transition those
• 41:44
  Speaker 5: funds directly from IRA A to self-directed IRA B. Usually
• 41:50
  Speaker 5: it's tax-free, penalty-free, the.
• 41:51
  Speaker 7: Whole nine yards.
• 41:52
  Speaker 5: You're not paying a distribution tax or anything like that.
• 41:55
  Speaker 5: From there, the account holder is going to set up
• 41:58
  Speaker 5: their account once the funds are available. Instead of picking
• 42:01
  Speaker 5: the stocks and bonds you want to do, you're picking
• 42:03
  Speaker 5: the precious metals coins that you want. Now, not every
• 42:06
  Speaker 5: single coin that you're going to see off the street,
• 42:08
  Speaker 5: say that really cool Star Wars collectible coin or this
• 42:11
  Speaker 5: fun Mickey Mouse coin, is going to be eligible for
• 42:14
  Speaker 5: an IR. For a precious metal IR, geez, that's a mouthful.
• 42:18
  Speaker 5: They're very, very select about what all you can do.
• 42:20
  Speaker 5: And the FDIC, the government, tax authorities, all government bodies,
• 42:24
  Speaker 5: they really watch this very carefully. And they're very, very
• 42:26
  Speaker 5: specific about what can go into a specific gold IRA.
• 42:30
  Speaker 5: I mean, that's really the whole process as a whole.
• 42:33
  Speaker 5: And as far as if people are interested in it,
• 42:35
  Speaker 5: the number one thing I would recommend is get educated.
• 42:38
  Speaker 5: Do your homework. Do speak to a company like us
• 42:42
  Speaker 5: here at Monetary Gold. I've been doing this for over
• 42:45
  Speaker 5: 25 years, helped over 45,000 customers. Yeah, a lot of
• 42:48
  Speaker 5: people really make that transition from traditional retirement savings into
• 42:52
  Speaker 5: a gold IRA. And really what's important is when you
• 42:55
  Speaker 5: are looking for a company like this, You want to
• 42:58
  Speaker 5: know the facts. You got to ask your questions. You
• 43:00
  Speaker 5: want to do your homework. You want to get straight answers.
• 43:02
  Speaker 5: And you really want to feel like, yes, my security
• 43:04
  Speaker 5: is here. I trust these company. This is really the
• 43:07
  Speaker 5: right decision for me. And that's the best part about
• 43:09
  Speaker 5: a gold IRA. It's all about personal choice.
• 43:12
  Speaker 4: Yeah.
• 43:12
  Speaker 1: And you guys have a free guide. So if you
• 43:14
  Speaker 1: go to alexlovesgold.com or you call 800-888-07, you'll get a
• 43:18
  Speaker 1: free guide. You can speak directly with precious metals specialists
• 43:22
  Speaker 1: who will help you assess the current market, today's pricing,
• 43:25
  Speaker 1: what it can mean for you and tailor a specific
• 43:27
  Speaker 1: program for you. So there's no obligations. You can reach
• 43:31
  Speaker 1: out for free and you can request the guide. You
• 43:33
  Speaker 1: can have a conversation. You will learn something in the conversation.
• 43:36
  Speaker 1: So that's one reason why I recommend it. I'm pro-education
• 43:39
  Speaker 1: here on The Marlowe Show. So if you've been thinking
• 43:41
  Speaker 1: about physical gold, why wait another few months? Because who
• 43:45
  Speaker 1: knows if we could be on the verge of something
• 43:47
  Speaker 1: big here right after this midterm. I feel like today
• 43:49
  Speaker 1: is the day for many of you. So you should
• 43:51
  Speaker 1: definitely look into that option. But let's talk about monetary
• 43:55
  Speaker 1: gold in particular, Matt. What is monetary gold? How do
• 43:58
  Speaker 1: you guys differentiate yourself from a pretty crowded space when
• 44:01
  Speaker 1: it comes to the gold industry.
• 44:02
  Speaker 5: Yeah, look, you know, monetary gold is the oldest, I believe,
• 44:06
  Speaker 5: gold IRA company in the United States, right? We've been
• 44:09
  Speaker 5: doing this for almost three decades, right? 25, 26 years
• 44:12
  Speaker 5: of in business. 45,000 plus happy customers. If you want
• 44:17
  Speaker 5: to do your review homework, I find it very unlikely
• 44:20
  Speaker 5: you'll find a bad review based off of all of us.
• 44:23
  Speaker 5: We're extremely upfront. And with that age comes experience and
• 44:27
  Speaker 5: overall education. We have some of the best precious metal
• 44:31
  Speaker 5: specialists in the space. You know, they've been doing this
• 44:33
  Speaker 5: for a very, very, very long time. They know all
• 44:36
  Speaker 5: the ins and outs. They understand all the rules and
• 44:38
  Speaker 5: they're able to really communicate, you know, and help people
• 44:42
  Speaker 5: decide if this is right for them. It's not like
• 44:44
  Speaker 5: we need to push you into this, right? That's the
• 44:47
  Speaker 5: last absolute thing that you want to look for in
• 44:49
  Speaker 5: a gold IRA company is a fast, hard, heavy sales
• 44:51
  Speaker 5: pitch and somebody that really doesn't have your pure, pure
• 44:54
  Speaker 5: interest at heart. that's not monetary gold. You know, we
• 44:57
  Speaker 5: really do take the time to make sure that gold
• 44:59
  Speaker 5: is right for you. Because there are many instances where
• 45:01
  Speaker 5: it might not be right for you, right? And we
• 45:03
  Speaker 5: want to be able to communicate that to, you know,
• 45:05
  Speaker 5: our customers in a way that makes sense, you know,
• 45:08
  Speaker 5: not only for them, but, you know, for us, you know,
• 45:09
  Speaker 5: it's a two-way street, right? But yeah, monetary gold has
• 45:14
  Speaker 5: been doing this for a very, very long time. I've
• 45:15
  Speaker 5: been with them for a while now. And I have
• 45:17
  Speaker 5: to say, I've worked in this space for a while.
• 45:18
  Speaker 5: And They are some of the best that do it.
• 45:20
  Speaker 5: And like you said, if you are interested in potentially
• 45:23
  Speaker 5: pursuing your own gold area of yourself, I invite you
• 45:27
  Speaker 5: to check us out at www.alexlovesgold.com or give one of
• 45:32
  Speaker 5: our precious metals specialists a call at 1-800-888-0807.
• 45:35
  Speaker 7: It's no pressure.
• 45:39
  Speaker 5: Please take the first steps, get yourself educated, ask the
• 45:42
  Speaker 5: right questions, and really see if this is something that
• 45:44
  Speaker 5: really is going to make sense for you and your family.
• 45:46
  Speaker 1: Yeah, it is a sincere pitch. And I know you
• 45:48
  Speaker 1: guys are trying to help people do the best they
• 45:50
  Speaker 1: can with their retirement. And that's why you got the
• 45:52
  Speaker 1: free guide, not pushy salespeople. You speak with the team,
• 45:55
  Speaker 1: you talk about your options, you will get educated in
• 45:58
  Speaker 1: the process. I can't say enough. about monetary gold, alexlovesgold.com. Again,
• 46:02
  Speaker 1: his website, 800-888-0807. Matthew Sullivan, always appreciate these conversations. Let's
• 46:08
  Speaker 1: have another one soon.
• 46:09
  Speaker 6: Awesome.
• 46:09
  Speaker 7: Appreciate it, Alex. You have a great rest of the day.
• 46:11
  Speaker 10: You too, sir.