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This is Why Inflation Will Only Get Worse (They Planned It This Way) – Kirk Elliott Update · Man in America Podcast

• 1:14
  Speaker 1: Ladies and gentlemen, welcome to Man in America. I'm your host, Seth Hulghouse. And today we've got Kirk Elliott for an update on the economy, inflation, BRICS, all things financial. So we're gonna dive right in. So Kirk, thank you so much for joining me today.
• 1:33
  It's always a pleasure to have you. And it was great meeting you actually at the reawaken event this past weekend in Pennsylvania. It was actually really nice to meet you in person.
• 1:42
  Speaker 2: It was great to meet you in person too. It's always I I always love that. Right? And in an event like that, that was electric, you know, having that many Patriots in the same room, the energy was just it was just big. It was huge.
• 1:56
  It was larger than life. And, you know, if any of your viewers haven't been to one of those real Awaken America events, they should try to go. Speakers are top notch. Your speech was amazing.
• 2:07
  Speaker 1: Oh, thank you.
• 2:08
  Speaker 2: And yeah, and it was just great. I love love meeting you as well.
• 2:12
  Speaker 1: Yeah. It was incredible. Because if you think about it, the people under one roof, we've got Eric Trump, General Flynn. They also have these, you know, frontline doctors. Simone Gold was there.
• 2:23
  You've got Lee Dundas, Tom Rens, you just have such an amazing group of people. And it's like what's brought everyone together? It's these are people that want to save the country. Like that's, and it's an amazing energy that's throughout, not to mention you've got probably five different pastors that burned the place down as people were just, you know, going wild. There's such good energy, which I hope carries us into the midterms.
• 2:47
  And I hope that we can see, you know, coming out of some things, you know, coming out okay. But, you know, as, you know, we're working on setting up now with you, you know, doing a weekly update on just what's happening financially. I wish the I wish the financial update matched the energy at the at the Clay Clark event. But unfortunately, it seems like a lot of things are transpiring. And the overall, the dollar and everything is headed in a slightly different direction.
• 3:13
  So today, how about we do an update on what's happening with inflation and the BRICS nations and then also just how they relate to each other and what you see unfolding?
• 3:24
  Speaker 2: Yeah. So that's that's really a great question. And they do. They there's these puzzle pieces that fit together and not many people would put these together. But but I'm going to show you how they do fit together.
• 3:36
  Right. So that's very perceptive. So Ken Rogoff, Harvard professor, he just came out with an article, actually an interview in an article about two days ago. So Harvard intellectual economist, but a very well established one. He was an economist at the Federal Reserve, former chief economist at the IMF, the International Monetary Fund.
• 4:03
  So he knows this stuff, right? He's a smart guy. Well, the question was asked, you know, where is inflation going and how are we going to fix it? Well, his answer was, well, life as we have known it with these artificially low rates, we're going to have a new normal because that's not normal. Right.
• 4:25
  So so if we unpack what what normal is and what normal isn't right as as he's referring to. So historically, the average yield on a thirty year bond is about 7%. So that's what it was. Then when did it change? Nineeleven.
• 4:41
  Okay. Towers came down. Economy was in shambles and cheap credit. And so there was there was monetary easing. Right?
• 4:50
  They're trying giving credit to anybody, try to stimulate the economy, and they were printing money out of thin air. You remember all of the bills that came after that. First, it was that they had the Patriot Act, then they had TARP, and then they had all these other things in Inflation Reduction Act more more recently. Right. Raising the debt ceiling every year.
• 5:12
  All of this kind of started happened after nineeleven, where stimulus money was printed like there was no tomorrow and cheapening of credit. So so you had almost like zero to 1% interest rates for literally a couple of decades. Well, that's unsustainable. Right. And they did it to stimulate the economy.
• 5:31
  But we all got used to it. Right. So so when you get used to the cheapest interest rates in the history of the country and you're living at the margin with the cheapest rates, you know, people just overspend. They're trying to keep up with the Joneses, just live these lives of of borrowing. This caused the real estate market to boom.
• 5:51
  It caused the stock market to boom. You know, it caused all these boom and bust cycles and these these excesses. Right? Well, that's not normal. Right?
• 6:01
  That was policy mechanisms used to stimulate the economy. And so you go through time you hit 02/2009. That was rough. And it got even more extreme then, right, because they really needed to stimulate the economy. So then you head into the time now.
• 6:23
  Well, we've had decades of financial mismanagement, debt up to our eyeballs. You know, if you look at the money supply charts, things of that nature, how much the debt has exploded in value, it's out of control. Right? And that's because there's been cheap money. And when they print money, it devalues the currency that causes inflation.
• 6:42
  So this is why Question
• 6:44
  Speaker 1: for you, Kirk. Is because I know that, you know, they've printed what, like 30,000,000,000,000 or something insane in the past couple of years. Yeah. Right? But how how can because I've I've seen the charts that show that it's like x percent of the money supply has been printed in the past couple of years.
• 7:01
  How they've been able to do that without inflation going through the roof? Are they pulling some kind of tricks or sleight of hand to be able to print that much money if the dollar still retains most of its value, at least for now?
• 7:17
  Speaker 2: So there are some tricks. But inflation, it really truly is persisting and it's getting worse. Right?
• 7:24
  Speaker 1: So it's catching up now.
• 7:26
  Speaker 2: It's catching up, but it's it's not just here in America. It's all over the world. Right? And and so how how much is is inflation going up? Well, they change the inflation measure.
• 7:39
  Right? So that tricks people. So they did that back in 1996, though. President Clinton changed the way that they measure inflation. So you understate it so cost of living adjustments aren't aren't as big.
• 7:51
  Right?
• 7:51
  Speaker 1: Is that the CPI, which they adjusted how they measure the CPI
• 7:54
  Speaker 2: is how they measure in
• 7:55
  Speaker 1: price. Right? Basically, the CPI is kind of like how much it's costing me as an average American to, you know, pay my bills and buy my food, etcetera. Right?
• 8:06
  Speaker 2: It's it's a broad representation of things that we buy. There's about 30 goods. It's a basket of goods in the CPI. It's a great theory, right? If they were to actually measure the same things from time to time to time to time, it would tell us if that one thing, let's call it eggs, right?
• 8:22
  If eggs went up from 1985 to 1989 to 1995. But what they do is they change the things in the basket, have all these weird substitution adjustments, and it's meaningless. It's a meaningless number. So and they take out things like housing costs and energy. Right?
• 8:42
  So what? Why would you do that?
• 8:45
  Speaker 1: Well, houses haven't gotten more expensive in the past ten years. I mean, gas isn't more expensive, right? You know, why measure those things?
• 8:52
  Speaker 2: No. Well, okay. Well, here's the wacky thing about housing. So rates have gone up, and it's a little rabbit trail, but it'll blend into this conversation. So rates have gone up five months out of the last five months.
• 9:05
  Right? Housing the price of borrowing for a house, your mortgage rates have more than doubled since January. Right. Gone from about 3.2% on average to today. Just this morning, the numbers came out 7.06 is the average thirty year mortgage.
• 9:21
  So that's more than double. But yet all of these rate increases have caused the prices of housing in Austin, Texas, Charleston, South Carolina, Phoenix, Denver, Palm Palm Bay, Florida, like all these hot real real estate spots, they've come down in price about 10% since June. We're not talking since the beginning of the year. Last ninety days about 10%. So it's like, alright.
• 9:49
  This is impacting the markets. But what has the cost of owning a house done over the last year? Crazy number. It's up 80%. It's like, how can the price of housing be coming down but the cost of owning is up 80%?
• 10:04
  It's because interest rates have more than doubled. Right? These inflation but what hasn't doubled is our wages. Our wages were actually down 0.1% last month when inflation went to 8.3. So wages aren't keeping up with it.
• 10:19
  This is this is a a horrible political legislative nightmare because when you have stagflation, which is what we've got, stagnant economy, recession, people not working, not making as much, but prices are going up. That's like the worst of all possible combinations because people are making less, but prices are more expensive. Right? So so this is this is what we have. So anyways, you're going back to the CPI.
• 10:46
  It's understated. People can't afford to live. And this becomes a policy nightmare. Right. So so how over the years has it gotten to this point?
• 10:59
  Well, this excessive printing of money, right? As they're just printing money to fund every stimulus program known to humankind that that increases the money supply, decreases the value of that currency because you've got a lot more dollars chasing the same goods and it just devalues. That's inflation. So how have they been hiding it? Which was your original question, right?
• 11:23
  Well, if you look at the number of amount of money that's been created and a subset of the money supply M2, which is checking accounts, saving accounts, things that make it to the people, that hasn't changed at all in the last six months.
• 11:40
  Speaker 1: Crazy. So they're putting all this money, yet somehow it's not going into the bank accounts of the average American. Correct.
• 11:49
  Speaker 2: So this is why they're supposed to print money, right, to stimulate the economy, get it into the hands of the people so they can spend it. But they're not. They haven't increased the money supply. But what are they doing with all this money? Oh, they're using it for bail, you know, to bail and keep the stock market propped up and all this stuff.
• 12:06
  Right? All the plunge protection team, things of that nature. It never makes it to the hands of the people. So this is why we've got massive inflation and wages aren't keeping up because the money is not there for people to spend. But yet they're printing it and causing inflation.
• 12:22
  Right? So it's the worst of all possible policies. So you've got this going on. And so all that printing, though, devalues our dollar. Right?
• 12:33
  It makes it like monopoly money. It's kind of junk. So here comes the BRICS nations. Right? Because we wanted to intertwine how how these all come together.
• 12:41
  Let's say and don't get mad at me for this illustration. But Seth, let's just say that you are China. So you're China in this story. Sorry. But so you're China and you're thinking, what?
• 12:56
  We've owned all these treasuries. We've got over a trillion dollars of US treasuries, and they're devaluing their currency. And as you raise rates, what's a treasury? A treasury is is a bond. And as rates go up, the value bonds comes down.
• 13:12
  So the Fed has already announced at the end of last year that they're gonna have eight to 10 rate increases in a row. We've only had five, and we've already seen this devastation.
• 13:22
  Speaker 1: So here you are. So I'm trying to I'm holding over a trillion dollars in Treasury bonds. Is that correct? Why did I buy those Treasury bonds in the first place?
• 13:35
  Speaker 2: Because you bought US Treasuries because it's known as the safest asset in the world. I see. Because we were the world's reserve currency of the petrodollar. Right?
• 13:46
  Speaker 1: So I'm buying these bonds to to back my own currency or, you know, so may may you know, kind of like how it used to be that a country would hold a massive gold reserve. At some point, The US, you know, could convince people to trade their gold in for the US Treasury bonds, right? To say, hey, these are more stable. So kind of, so now these countries are holding all these US Treasury bonds, which is what gives our dollar the value, right? Because it's recognized as the World Reserve currency.
• 14:17
  Right?
• 14:17
  Speaker 2: Yeah. So so take a step back in time and see this progression. We used to have currency that was backed by gold in the early nineteen hundreds. Federal Reserve Act in 1913 made it illegal for people to own gold. It was no longer backed by gold.
• 14:31
  It was the Federal Reserve, some cartel owning families that own the Federal Reserve, which are now when you're looking at people who are tied to the to the Rothschilds, to the Rockefellers, right, the the ultra rich. And now are do they still own the Fed? Well, you look at the banks who are the shareholders of Fed. Citibank owns about 40% of the Fed. JP Morgan owns about 29% of the Fed.
• 14:57
  Well, who owns JP Morgan? Morgan. JP Morgan. I mean, the name on it. Right.
• 15:02
  Rockefeller's. So they still own the Fed. Right. It's still these families, but it's masked behind the bank ownership of the banks that they own. It's not federal.
• 15:11
  It's not reserve. It's not government. It's private bank. Right? So anyways, we got rid of the gold standard.
• 15:19
  Then in 1971, Nixon closed international settlements. What did he replace it with? We're now became a currency in the seventies of currency backed by oil because of the petrodollar. So we went from a currency backed by gold to a currency backed by oil, which all what that means the petrodollar means for all the viewers is all settlements in oil. Countries buying oil doesn't matter if you were American or not.
• 15:46
  If Brazil was buying oil from Saudi Arabia, they paid for it in U. S. Dollars because that's what the petrodollar is. They wanted to bring stability into that system. So then we were backed by oil.
• 15:58
  Well, now after the Russia Ukraine conflict and what Biden did to Russia and to Putin in saying, hey, we're going to get you off the SWIFT system so you can't get any money coming in or out of the country. Russia went to China and said, hey, let's go with your SIPPS program, which is like SWIFT, but it's an eastern banking version of it. Now they're pulling all these countries in to bricks. Right. So bricks is becoming the de facto go to currency of the world, vying to be the world's economic superpower.
• 16:30
  And they're doing a great job at it because now they're actually bringing in Saudi Arabia. And Saudi Arabia said no more no more US dollars, no more petro dollars and purchase to purchase our oil. They're going to use something else, the ruble or whatever else. It's just not going to be the dollar. So now country here's my prediction.
• 16:48
  Country after country after country is going to leave that petrodollar system. Now what's our backing? We went from backing by gold to backing by oil to backing by the full faith and credit of The United States, which is what it says on the note. Right. $20 bill.
• 17:04
  Well, that means nothing if you have no credit. So China now is seeing this. They're vying to be the world's economic monetary superpower. They've got a trillion dollars of US treasuries as we have to keep raising interest rates to slow down the inflation that we're creating by printing money out of thin air. They have to keep raising rates to slow down that inflation train that devalues those treasuries.
• 17:29
  So China's thinking we're going to dump this stuff before rates go up higher because next month it's going to be worth less. The month after that, it's going to be worth less. Right. So there's this mass exodus out of U. S.
• 17:40
  Treasuries, but not just U. S. Treasuries, out of Japanese bonds, out of European Union bonds. And so China's dumping everything. Right.
• 17:49
  Because what is it going to do now in this economic warfare that's being created if we don't have capital inflow coming into America, does that mean our debts go away? No. Means they're still there. But how are we gonna pay for it with no capital inflow coming in from petrodollars or anything else? Well, sure.
• 18:08
  We've got a printing press. So how about you just press the red button on it? Inflate or die is the mantra that they have. That's going to create even more inflation. See, we're at the end of a monetary age with the US dollar because we used to have backing by gold, then we had backing by oil.
• 18:27
  Now we're going to have backing by nothing, which makes us what? No different than Venezuela or Argentina or any other country in the world that isn't the world's reserve currency. When they print without discretion, their currency will fail. China knows that, and they're accelerating the story by dumping US treasuries because it forces us into an inflator die scenario. I know I said a lot, and I tried to connect a lot of dots there, but that's the progression of where we came from to where we are today.
• 19:00
  Speaker 1: So people talk about and I've seen, you know, maybe in the past ten years where you look at past, you know, shows or ads or whatnot, people have been predicting that the dollar would be collapsing at some point for quite some time. But with everything you're saying, and I follow the news, you know, I read zero hedge quite a lot. And I especially, you know, the past, you know, say six months or so, I've really honed in on following what's happening with OPEC, what's happening with Saudi Arabia. And I've really, I think, wrapped my head around what it means for the US dollar to be the global reserve currency and the petrodollar. And and really what that gives us that I mean, I think a lot of the life that we've experienced, a lot of luxury and comfort we've experienced in America comes because of that.
• 19:47
  And so even though that people have been discussing this for quite some time, I mean, I correct in saying that what's happening right now is is this kind of coming to be. Right? It's almost like someone saying, look, I've been looking at the storm charts for a long time, and there's a hurricane coming, and we're gonna hit get hit with the level five hurricane. I don't know when it's gonna be, I know it's coming. I know it's for ten years of talking about it.
• 20:11
  But then there's that day that they see that sign, and they see the wind picking up. And it's like, oh my gosh, like, I've been talking about this. I've been seeing the signs for a long time, but this is now at the doorstep. So you you mentioned being at the end of a of a monetary system. So if if if I'm looking at this, I'm thinking, okay, well, how do it's almost like there's a Chinese saying, it's like, I think it's something like, you're you're riding a tiger and you cannot get off.
• 20:44
  Right? Meaning that you get on the back of a tiger and the tiger is running, and you if you if let go, you're dead. Right? But but all you go is you keep holding on for your life until something bad happens. And I mean, is that really where this is at?
• 20:59
  Because I've talked to you, I've talked to a lot of other financial folks. No one's really put forth an idea of how to bring inflation back down. Because it seems like they've just they've they've maxed out the printing. They've maxed out everything. And it's now like it's teetering on such a cliff.
• 21:19
  And then again, when you talk about the BRICS nations and everything that's happening with them, you know, Russia, you know, backing their the ruble with gold. I mean, where do you where do you see the US dollar over the next couple of years?
• 21:35
  Speaker 2: There's a lot to unpack in that. And and you hit some really deep, deep issues, right? Because nobody's come up with a solution to how to stop inflation. But it's an easy solution. It's an easy one.
• 21:48
  It's just easy in theory, impossible playing it out in real life. Right. So how do you slow down inflation with policy? A, you raise interest rates enough so people don't borrow and spend. B, you stop the stimulus money.
• 22:07
  If you stop the printing of money, well, then it's going to slow down the economy. Right? So our politicians so and for the only way for inflation to be subdued with interest rates is for interest rates to be greater than the unofficial rate of inflation. Unofficially right now, using apples to apples comparison to like $19.83 dollars before Clinton changed things in 1996, inflation's at 24.8%, meaning Fed has to raise rates to 25% plus for it to even make a dent.
• 22:37
  Speaker 1: Nobody can afford that.
• 22:40
  Speaker 2: They're not going to do that. Politicians don't have the guts to do the right thing because then they would have to admit it's their problem, inflation that they created. Now they have to stop it. It's like it's like Jurassic Park, right, where they they built this park for for the entertainment of everybody in these dinosaurs. And then the dinosaurs got out of control and started eating everybody and they couldn't kill them.
• 23:02
  Same thing with inflation. They created it. Now they can't stop it. Right. So so the other thing that they can do is stop stimulus money.
• 23:10
  Well, then what? Well, like you and I talked about when we talked about the fall of Rome in that that episode that we did. 96% of all federal revenue goes out towards entitlements, Social Security, Medicare, Medicaid and mandatory payments. 96% of everything that we bring in. That's unsustainable.
• 23:32
  So if you actually stop stimulus money, you impact 96% of all of our spending. That's 96% of voters. Right? Pretty much. So they're not going to do that because they would never get voted back in and politicians want to get back in.
• 23:51
  So to do the right thing is very hard. But the solution is actually easy in concept. Stop printing money or stop or keep raising rates, right, to slow down borrowing. Now, if they're not going to do that because it implicates themselves, right, They would implicate themselves by doing that. So then what?
• 24:12
  Well, then you do what Daniel Pinto actually expressed about two or three days ago, COO of JPMorgan Chase, their co president. He said, look, inflation is is not going to subside, really. I think to fix it, we might just have to have a really big and deep recession. So if you let the economy just, you know, laissez faire, keep your hands off of it, don't do stuff, just let it collapse on its own, that will bring prices down. That might be the price that has to be paid to stop inflation.
• 24:51
  Right? So there is three choices. None of them are a good outcome. All of them bring pain with them. And politicians don't want to bring pain, especially in an election year.
• 25:02
  Politicians don't want to bring pain ever because they're not going to be reelected. So that's why this keeps getting worse and worse and worse. And they keep kicking the can down the road. And to at some point, you get to a point, Seth, where it's like they're going to say, we've tried everything. No, you haven't tried everything.
• 25:20
  You've tried everything that's easy. You haven't done the hard choices. It's it's easy to do the wrong thing. It's hard to do the right thing. Right.
• 25:31
  In life, this is one of those times for them to do the right thing. They would kill the economy. And this is one of those things where the medicine that will heal the patient actually kills the patient and there's no good outcome. Right. So.
• 25:46
  I think what will happen is we have a reset. You have you just have a complete reset. It's almost like a mulligan. It's like just do it over. Right.
• 25:56
  But when you have that and people talk about great financial resets, the great reset that Klaus Schwab and that crew is talking about, it's all about people control. It's all about trying to wipe the slate clean, giving us an Orwellian society, a brave new world society where we're all serfs to the government. So everything that we do, everything that we say, everything that we spend on is becomes to them. That's the trade off. Right?
• 26:24
  That's what they want. Their their solution is central bank digital currency. Guaranteed that will do nothing to stop inflation. All it is is a digital version of fiat money. All it is is people control and complete transparency of everything you spend.
• 26:37
  If you walk away from the narrative of what they are, they'll cut you off from being able to spend. So option number two in this reset would be a gold backed currency, having some kind of accountability, some kind of transparency to the monetary system that we know it. So you can't print money without discretion. You have to have a tangible backing behind it. That's a very reasonable solution to me.
• 27:02
  Number three is Quantum Financial System was there. It's just like digital currency backed by gold. Very similar to number two, except it's a digital cryptocurrency version of it. Right. I believe this is where we're headed.
• 27:15
  But to get to that point, and I hate making predictions because you're usually wrong. Right. But but I think central bank digital currencies will win because they're so far ahead of of the game here. And like even in America, you know, Biden's executive order said, hey, we're going to start this stuff in December. Now it's going be a multiyear roll in phase in into that.
• 27:39
  And I and I want I don't want people to freak out because I do think that that's coming. But if you remember back to when the euro became a currency, like thirty five years ago, it wasn't all or nothing. There were parallel systems in place, parallel currencies. It wasn't all or nothing euro. People in France were still using the French franc.
• 27:58
  People in Germany were still using the mark. People in in the Dutch guilder was still being used, the Italian lira. They still used all those currencies, but it ultimately molded into just the euro. Right? So I think in this transition, you will have multiple currency options.
• 28:16
  I think a gold backed currency will be one of those options moving into Quantum Financial System cryptocurrency. But the people who wanted central bank digital currency are ultimately going to realize it's like, woah, is not what we signed up for. We just lost all of our financial freedom, which now, since there is no privacy in our financial transactions, we just lost our personal freedom. We just lost our religious freedom. We just lost our political freedom.
• 28:45
  We just lost our health freedom. Right. We just lost all of them. And I think there's going to be a revolt of sorts of people saying, no, we don't want this. We want something different.
• 28:56
  Right. And so what I'm saying is I think we go through some really dark times before we get to light. Light will win. Light will prevail. There is hope in this message.
• 29:07
  But during these dark times, these transitionary times, how do you successfully navigate? With a get out of the system kind of a investment like gold and silver that's physical. It's not a digit. It's not in the Internet somewhere. It's a physical asset that you take delivery of that you can use for barter, that you can just it just grows.
• 29:28
  I mean, look at what it's done over the past five weeks. Silver was at $17.60. Now it's at $19.60. It's up $2 in five weeks. That's up over 14% in just a little over a month.
• 29:42
  That's an amazing investment return. And we're just at the beginning of these stages. There is hope in this message.
• 29:50
  Speaker 1: And so something I wanted to add in there is that, you know, I've been really trying to understand the great reset and break it down. And really how I've kind of broken it down is it's really quite simple. It's that there's these systems that have been in place for a long time, fifty years, one hundred years. The elites have done everything in their power to take over those systems. But the systems inherently were started when the technology wasn't there to have full control of them.
• 30:19
  So you look at our farming, for instance. You know, they've they've used, you know, Monsanto, etc, to take over and bring in this monocrop, you know, you know, agriculture. And they've gotten us hooked on to it. And so they and they've gotten the majority of people hooked on to this system because they want you in that system because then when they collapse that system, meaning all the people that just buy their weeks of, know, their groceries once a week, they go to Walmart or whatever it is, they buy whatever groceries are on the shelves. When they end that, then they can force you into their digital redline system.
• 30:54
  Like it's really about creating a, if you look at, know, same with energy. They don't want you on gasoline, want you on battery, so that they have control. They can shut off your Tesla remotely if you're on the phone and you start saying something they don't agree with, or if, you know, any number of things. Look at China's social credit system. And so same with financial.
• 31:13
  So what they're doing is they're trying to to herd people, like they want people to be in the old system. So that way, when that old system collapses, they're, they have nothing else. And so they're forced to just take whatever they're given. And so if you use food, for example, you know, right now, you know, we go shopping really, really, we would we would need to go shopping maybe once a month. We grow a lot of our food.
• 31:38
  We've got chickens that give us eggs. We've got bulk grains, everything we buy from, you know, small Mennonite, you know, bulk food places. We're not in the the mainstream food system. In a lot of ways, food is off grid, right? In our food production, we've got a little hand mill for grinding wheat berries to make flour, etc.
• 31:56
  And so I look at currency as the same thing. And this is, know, people ask me a lot about prepping. You know, I cover a lot about prepping. And and the big thing that I've kind of learned to frame it is you have to look at getting off grid. But what that means is not like I'm getting off grid, I live in the woods with you know, solar and an outhouse.
• 32:14
  What it means is like to me, the grid are the systems that the cabal controls, right? The cabal controls the central power grid controls the your county water, all those things are things they can turn off. And so if you take moves to get off of that, to me, that's what off grid really means, is it's getting out of a system that the cabal can control you with. And so as you know, what I've done personally with money is I'm thinking, okay, to me, everything looks like they're trying to collapse the dollar. They want to collapse the dollar.
• 32:48
  It's not, you know, because if you look at the policies, they're not doing that to help us out. It's like they're doing it purposefully, because it's almost like they know it's gonna collapse or printing as much as they can beforehand, get squeezed as much as they can out of it. And then the whole thing's kind of falls down. So that's why I think, again, like what you're saying to me, owning gold and silver is actually the same thing as, you know, having, you know, you know, 500 pounds of bulk wheat berries as my food source or having a garden that I can grow my own tomatoes, and I can barter and I can trade someone, you know, say 30 pounds of tomatoes for two gallons of diesel fuel to run my tractor. These are all things they no longer have control over.
• 33:30
  Speaker 2: Right. I mean, this is what they want. They want complete subservience to a higher power them. Right. And this is I mean, it's not really even open for speculation.
• 33:45
  It's the banks have shown us that this is what they want to do. When when in July of last year, the Fed took 2 and a half trillion dollars of liquidity out of the banking system when banks needed to lend money the most. It's called a reverse repo mechanism, and you can look at it on charts. They did it. Why?
• 34:05
  People mom and pops, when people needed money the most and there was no money for banks to lend, well, to what end? Well, it's easy. If people still need money, they still need money. They'll do an end run around private capital, around the banks and go directly to the government. Right.
• 34:22
  If you start connecting some of these dots, it's real easy and plain to see what they want to do. And it's it's it's quite it's quite easy. And and even if you look back at the at the Federal Reserve, what the purpose of the meetings were on Jekyll Island in 1910, they stated it right. It was to pull money creation out of the hands of the government, into the hands of private individuals, because then the government's not involved. These bankers make a ton of money.
• 34:57
  And this was all planned. It was like preordained. But when you do something on other people's money, it ultimately always fails. It will always fail because you run out of other people's money. The weight of that burden of the interest payments, it collapses.
• 35:15
  It can collapse a currency. It can collapse an economy. It can collapse a bank. I think we're at the precipice of all of that happening like now because it's and this is why you've seen a more alarming and extremist quotes from Jamie Dimon, CEO of JPMorgan Chase, talking about we might not have money for our depositors in the near future. We have we have a problem here.
• 35:39
  There's a huge recession. They're telegraphing so they can tell people we saw this coming and we warned you. They're just not saying that it was their fault. Right?
• 35:49
  Speaker 1: They're not out telling us. They're not like, they don't want us to be in gold and silver. Like the cabal, these banking families, the Rothschilds, they want us to be stuck in their system. So that way when it collapses, they can move us in their next control system. And that's why, you know, and I know that's a big principle about around what you do in dealing in gold and silver is it's not about, you know, like, it's not like you're selling new widgets, right?
• 36:16
  It's a deep, deep thing.
• 36:20
  Speaker 2: Right. It's deep. It is deep. And what we're doing is when you purchase the right kind of gold, the right kind of silver, low cost bullion where there's no premiums. It's not a historical coin.
• 36:34
  It doesn't have a story. It's not a collectible.
• 36:36
  Speaker 1: Stuff like this, which is just a 10 ounce bar. You know?
• 36:40
  Speaker 2: Easy.
• 36:41
  Speaker 1: There's no markup on this. It's a few percent over spot. It is what it is. It's just a chunk of silver. That's it.
• 36:47
  Speaker 2: See, that's what you should buy because anything else that has premiums that has a story to it. I've been doing this for twenty seven years. I haven't seen yet when an investor is made whole, when they recover that premium. Right? So just one of the keys to wealth, get as many ounces as you can, be in the right place at the right time.
• 37:07
  There's time when you want to be in silver, there's time when you want to be in gold. But what we're saying here is by the low cost, inexpensive bullion type items, that will be a de facto currency moving forward. There's this flight for quality out of these things, out of the hands of of the elite in their banking system, which is all about control and people control. And it's not about financial freedom. Look, I'm viewing precious metals right now, not just as a great investment.
• 37:35
  I'm viewing it as people's financial freedom that will help them restore their other freedoms. Because if you don't have the finances, it's hard to fight the battle to restore your other lost freedoms. Right. But our other freedoms, they take a collective voice, Seth, our political, economic, religious freedoms, our health freedoms. It takes all of us speaking together loudly to hopefully wake up politicians so they can vote and we can regain some of those lost freedoms.
• 38:04
  Right. Our finances doesn't take a collective voice, takes an individual voice, yours to make a decision right with your own finances. And that's the easiest thing that we can do. It's not hard. You might think it's hard because you're stepping out of the box, getting rid of that normalcy bias of, hey, I've invested in stocks or bonds or mutual funds in the past.
• 38:26
  They've worked them. So they're going to work in the present and the future. Doesn't work that way when things change around us. Right. So what is cool about this decision is it's an individual decision.
• 38:37
  It's not a collective decision. If you wanna do it, you take that step, that leap of faith, that first action, and you do it, and you get out of the path of that hurricane.
• 38:47
  Speaker 1: Yeah. And that's why I, you know, I tell people, you know, I've been saying it for years. You know, look, I'm not a financial advisor, but I say, look, you're safe in gold and silver. And they say, look, if people have someone that they work with, I, the big thing that I've always told people is don't buy fancy stuff is exactly what you say. Right?
• 39:05
  Maximize ounces. If there's a if there's a bullion dealer that's trying to sell you this special edition something, and you're like, wait, you know, gold is at $17.93 an ounce. Why is that $3,000 for what your special 1 ounce coin? Run away from that. And that's actually in a lot, that's why one of the reasons why I've really, I feel so comfortable and confident working with you and even recommending folks to work with you.
• 39:32
  Because look, I've, look, I've bought the wrong kind of gold before. Right? And trust me, it's not, it's not good because you're like, wait, why did I why did I pay for this premium? And it's part of the learning process. But I just want to encourage people that if you are interested in this, that, you know, Kirk, your team is incredible.
• 39:49
  And and my experience in dealing with you, and I've gotten, you know, I started working with you really about a month ago, I made the switch to work with you. I've gotten more positive feedback from the audience than I have with any other business I've worked with on this show. You know, people and it's not just like, oh, hey, I got my t shirt and it's great. It's like my husband and I couldn't sleep. And we were so worried about our four zero one ks.
• 40:13
  We were so worried about our savings since we've got three grandkids. And, you know, Kirk's, one of Kirk's advisors walked me through how that works and that now like we know we're safe. So I just want to give you kudos to you because I I I really I see how you run your business. And it's like, honestly, it's the best that I've found. And I really and look, I I take the trust that the audience puts in me so seriously.
• 40:38
  It's why I would never recommend crypto. You know, some people are crypto, can make a lot of money trying to sell crypto. Trust me. I don't believe in it. That's why I believe in buying food, buying chickens, buying land, buying ammo, buying gold, buying silver.
• 40:51
  Like, know, I believe in these real hard assets, I think will enable us to get on the other side of this. And so, know, Kirk, if someone wants, like, what's the process if someone does want to work with your company?
• 41:04
  Speaker 2: So the process is is quite simple. You just give us a call. (720) 605-3900, and say Seth sent it sent you. Or they can go to the link to the URL that you provide and fill out some information. Right?
• 41:19
  Speaker 1: Which is goldwithSeth. So goldwithSeth.com. And the phone number and the link I'll have in the description. But can you just tell the phone number one more time so we can write it down?
• 41:29
  Speaker 2: Yeah. (720) 605-3900. And but say that Seth sent you, when you call in my so we have processes here and you actually spent a lot of time vetting us with with our CEO, Ashley. You went we let you go under the hood, saw the processes, the pipeline, all the interactions that are there, right? Because we wanted you to feel comfortable.
• 41:54
  Speaker 1: Probably ask questions that most people don't ask. Like, I wanted to know.
• 41:59
  Speaker 2: Asks the questions that you ask.
• 42:00
  Speaker 1: Because I feel responsible. You know, really Right? Yeah.
• 42:04
  Speaker 2: It's great. We're happy to do it. But you know, so so you'll call in, they'll ask you some questions. What was it the Seth and Kirk we're talking about that caused you to want to reach out? Do you have IRAs, non IRAs, whatever, right?
• 42:15
  They'll they'll then match you with an adviser that fits your your personality. Right. Because we want you to feel real comfortable. And then we go from there. We'll strategically map out a plan of success for your for your financial future.
• 42:30
  Right. And then it goes to our asset transfer team because that's the hardest part, you know, and it's like cumbersome. But we want to make the transition easy and the burden like you just have to fill out a couple of forms to move money from your old IRA to the new one. My team takes care of the rest. Then we give you a call once the funds arrive.
• 42:49
  Say, hey, your funds arrive. Let's go over it because it's your money. It's not ours. And I I technically I don't believe it's your money either. I believe it's God's.
• 42:56
  Right? So we all need to be wise stewards with that. But we give you a call when the funds arrive because we'll help you aim the gun to be on target. You pull the trigger because it's your money. Right?
• 43:07
  So always transparent, always accountable to you. And at that point, after all of that, that's where our relationship begins, because we'll always let you know when it's time to buy, sell, reallocate, get out of dodge, do whatever needs to be done to make sure you're in the right place at the right time the majority of the time. But all of this starts with filling out that form or giving us a call.
• 43:31
  Speaker 1: I also wanna tell people this quickly is that it's not a it's not a process that takes one day. And so I just wanna just set everyone's expectations. If if it was that simple, I probably wouldn't recommend Kirk because this is a complex thing. It's almost like if you go to a, you know, you want to go buy a house, and like, oh, hey, this this buy this one. This is good for you.
• 43:49
  You know, you you know, give me a check. This is a it's a process that they want to they want to make sure you're talking to the right adviser. They want to really ask questions to understand your situation. Do you have grandkids? Do have children?
• 44:02
  Are you saving for some reason? How are you storing? So they go through a process of asking you all these right questions and really take care of you. So it's something that, you know, it usually can I think it can take a, you know, a couple of days or a week or two weeks or so? But for people that are like, when I call up, say, you know, you know, I wanna buy some gold right now.
• 44:19
  This accept understand that there's a process. Now, yeah, if if you call up and say, look, I want to buy, you know, 500 ounces of silver, you know, mail you a check, that's easy. But especially for the more complex or bigger purchases, you want to make sure that you're doing the right process, because these are big it's a big move. It affects your future. And Kirk's team really understands that and they make sure that they guide you each step of the way.
• 44:44
  Speaker 2: We do. We can handle all of the above. But where we thrive is on that relationship piece. And that's why we have lifetime relationships with our clients. That's what it's all about.
• 44:55
  It's people over profit, Seth. And that's what we live. And that's what we feel. It's not just a saying. It's who we are.
• 45:03
  Speaker 1: Yeah, absolutely. Well, Kirk, I know I've kept you late, and I have a hard time, you know, only having a twenty minute discussion with you. But I really appreciate you taking the time to speak with me. I really appreciate everything that your team has done for the Man in America audience. And, you know, you're just you're you're do I I feel like you're doing God's work.
• 45:22
  I honestly like because I think that, you know, when we get to the tough times in the future, the people that prepare properly now, and they follow the the guidance and trust of people that have their best intentions at heart, they're gonna realize like, wow, I'm so glad I did that. You look in hindsight, and that's that's so important. That allows me to sleep easy at night.
• 45:44
  Speaker 2: Well, thank you for those kind words, and we're honored and blessed to do so. Honored to help sponsor your show. Keep your amazing voice out there. It's it's truly a blessing that we don't take lightly.
• 45:56
  Speaker 1: Thank you, Kirk. Have a wonderful night, and we'll be in touch. Thanks again.
• 46:00
  Speaker 2: You bet. Bye bye.