Latest / Financial Survival Network / Martin Armstrong's Latest Calls on Iran, Ukraine and $50+ Silver - #6290

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Martin Armstrong's Latest Calls on Iran, Ukraine and $50+ Silver - #6290 · Financial Survival Network

• 0:00
  Speaker 1: People don't understand how markets function. I think that's the
• 0:04
  Speaker 1: real problem. And they call these things emotionally rather than quantitatively,
• 0:13
  Speaker 1: and markets are they function like a pendule and it goes,
• 0:20
  Speaker 1: you know, to an extreme on one side and the
• 0:23
  Speaker 1: weight brings it back the other way, and they just
• 0:27
  Speaker 1: don't understand that.
• 0:29
  Speaker 2: You're listening to Carrie Let'sa's Financial Survival Network where you
• 0:33
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  Speaker 2: thrive in today's trying times. You need the Financial Survival
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• 0:56
  Speaker 3: And welcome you are listening to and watching the Financial
• 1:00
  Speaker 3: Survival Network. I'm your host, Carry Luttz and Martin Armstrong
• 1:05
  Speaker 3: is back with us. We're going to be talking about Iran.
• 1:08
  Speaker 3: We're going to be talking about his prior call on Ukraine,
• 1:13
  Speaker 3: what that is about. And once again in the book
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  Speaker 3: The World According to Martin Armstrong Conversations with the Master Forecaster.
• 1:23
  Speaker 4: It's selling amazing.
• 1:24
  Speaker 3: Over eighteen hundred copies have sold in one form or another,
• 1:28
  Speaker 3: and the link to purchase the book is in the
• 1:31
  Speaker 3: show notes to this interview and you'll find it to
• 1:35
  Speaker 3: just click the description box. Martin's great to have you
• 1:38
  Speaker 3: on and I can't tell you how honored I am
• 1:42
  Speaker 3: to put this book out. I mean, to me, the
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  Speaker 3: best forecaster you made, maybe wasn't. The most precise was
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  Speaker 3: back in twenty eighteen when you said, Carrie, the dow
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  Speaker 3: is going to forty five thousand between I think the
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  Speaker 3: end of twenty two and twenty four.
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  Speaker 4: I believe the.
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  Speaker 3: Date was December fourteenth, twenty four. It hit forty five thousand,
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  Speaker 3: and nobody, but no one else out there made a
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  Speaker 3: call anywhere near to that. Yeah, some people said, yeah,
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  Speaker 3: the market's going up, and I think it's going to
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  Speaker 3: go higher, but nobody made the precise call that you made.
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  Speaker 3: And you know, so many people ask me, how did
• 2:24
  Speaker 3: you do it?
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  Speaker 4: How did you make that call? What?
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  Speaker 3: What did the tea leaves tell you?
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  Speaker 1: Our computer's just been very, very accurate. I mean you
• 2:37
  Speaker 1: can look. That's why they they did a documentary on
• 2:43
  Speaker 1: me the forecaster that they're doing a sequel, and now
• 2:45
  Speaker 1: they're doing a Hollywood film on it. I mean eighty seven,
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  Speaker 1: for example, computer gave the very day of the crash,
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  Speaker 1: and I came out back day and even Lyrie etels
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  Speaker 1: today he was shocked. He came out as the markets crashing,
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  Speaker 1: say okay, fine, here's the low and the market's going
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  Speaker 1: to go back and make new highs. And as Larry says,
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  Speaker 1: everybody thought I was crazy. Yeah is it? And it
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  Speaker 1: does same thing Barons wrote. I think it was two
• 3:24
  Speaker 1: thousand and nine. They thought it was a joke. The
• 3:27
  Speaker 1: Armstrong says, you know, this is the low and it's
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  Speaker 1: going to make new highs. I was barren. They put
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  Speaker 1: it out, you know, makes new highs. They people don't
• 3:38
  Speaker 1: understand how markets function. I think that's the real problem.
• 3:43
  Speaker 1: And they call these things emotionally rather than quantitatively, and
• 3:51
  Speaker 1: markets are They function like a pendule and it goes,
• 3:58
  Speaker 1: you know, to an extreme when one and the weight
• 4:01
  Speaker 1: brings it back the other way. And they just don't
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  Speaker 1: understand that. That Like when I was called into the
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  Speaker 1: Brady Commission in eighty seven, you know, I told him,
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  Speaker 1: I said, you know, you know, initially they said, oh,
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  Speaker 1: we're going to find the guy that shorted this market
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  Speaker 1: pushed it down, blah blah blah, right, And I said,
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  Speaker 1: you realize that every investigation since nineteen oh seven started
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  Speaker 1: the same way. I said, don't you understand how markets function.
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  Speaker 1: It's not some giant short that's never going to happen.
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  Speaker 1: What it is, you know, you get everybody in on
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  Speaker 1: one side, something happens, They try to get out and
• 4:45
  Speaker 1: they can't, and you call the broker and he says
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  Speaker 1: no bid. Then it goes down a bouthl points. You know,
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  Speaker 1: I've seen it so many times. Japan Russia collapsed ninety eight. Uh,
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  Speaker 1: It's just it's always the same thing. Back in eighty five, Uh,
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  Speaker 1: it was, you know, the low in gold Uh you know,
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  Speaker 1: I had Merl Lynch called me and said, look, we
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  Speaker 1: will pay you your full hourly rate from the time
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  Speaker 1: you get on a plane to the time you return
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  Speaker 1: to teach this guy how to trade. And I said,
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  Speaker 1: who the how is this? It was only over in
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  Speaker 1: Geneva and he lost twenty five million dollars on one
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  Speaker 1: day in Gold. Wow. And he was short and he
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  Speaker 1: made the low. Basically he was the short that how
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  Speaker 1: to get out. And uh so I've seen it so
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  Speaker 1: many times. I mean I was doing a conference in Tokyo.
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  Speaker 1: It was for institutions only, and this guy bribed him
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  Speaker 1: right the hotel to get in. He came up to
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  Speaker 1: me and he apologized, and he said that he just
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  Speaker 1: had to talk to me. I said, what was so urgent?
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  Speaker 1: And he brought fifty million dollars on the Japanese stock
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  Speaker 1: market the very day of the high. And what I
• 6:21
  Speaker 1: found interesting was it was he was in his late
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  Speaker 1: sixties and this was the first time he ever invested.
• 6:31
  Speaker 1: And I said, what made you buy it? He actually
• 6:34
  Speaker 1: bought the high, and he said the brokers had called
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  Speaker 1: him for seven years and kept saying, look, thenk goes
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  Speaker 1: up five percent every January, and he bought it. The
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  Speaker 1: last day December, he made the high and lost, you know,
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  Speaker 1: forty percent of his fifty million bucks. You know, I've
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  Speaker 1: seen it. I've seen it so many times. You know
• 7:00
  Speaker 1: what happens is everybody gets caught up on one side,
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  Speaker 1: bullish bearers, doesn't matter, and then some news happens or
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  Speaker 1: whatever it is, and some people start to take profit
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  Speaker 1: and that makes the market go down or up from
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  Speaker 1: shorts or whatever. And then next thing you know, you
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  Speaker 1: get in there and there's just no bid. When Russia
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  Speaker 1: collapsed in ninety eight, all right, all the long term
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  Speaker 1: capital management and all the banks, the hedge front. They're
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  Speaker 1: all on the same trade. They try to get out
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  Speaker 1: they could, So what happened that turned into a massive
• 7:46
  Speaker 1: liquidity crisis. They start selling everything else from stocks and currencies,
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  Speaker 1: any other position. They had to raise money to cover
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  Speaker 1: the losses in Russia, and so that became a huge,
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  Speaker 1: you know, liquidity crisis, and that's when the FED had
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  Speaker 1: to step in and actually bail out long term capital management.
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  Speaker 1: It was a hedge fun not a bank. But you know,
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  Speaker 1: it's always the same thing, and that's what we have
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  Speaker 1: to understand. And I think the best way to visualize this,
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  Speaker 1: it's a pendulum. It's wings to one extreme and then
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  Speaker 1: its own weight brings it back the other way. And
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  Speaker 1: it doesn't matter if you're talking about up or down
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  Speaker 1: or whatever. Then you have the politicians who don't understand anything,
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  Speaker 1: and market goes down, and then they want to outlaw
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  Speaker 1: short selling when the shortest, the only one has the
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  Speaker 1: courage to buy in a padic, Yeah, to go ahead,
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  Speaker 1: eliminate him and then watch what you are you gonna
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  Speaker 1: go down another thousand points.
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  Speaker 4: You know, it's.
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  Speaker 1: They just don't understand it. So we get to these
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  Speaker 1: extremes back and fourth and this is it. I mean gold,
• 9:04
  Speaker 1: the same thing I said. Look, you know, you know
• 9:07
  Speaker 1: gold's going to go up eventually. We're going to look
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  Speaker 1: at around the five thousand level. You just have to
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  Speaker 1: go to these extremes, and when you get to that extreme,
• 9:20
  Speaker 1: then it reverses. But it does matter what market you're
• 9:25
  Speaker 1: looking at. You know, on our system, we develop what
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  Speaker 1: it's called, we call it the Global market Watch, and
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  Speaker 1: it has a comment for every market in the world
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  Speaker 1: there but underneath the comment it has the number, and
• 9:44
  Speaker 1: that number is the pattern. And what I've seen is that,
• 9:51
  Speaker 1: you know, the theory I had was okay, fine, let
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  Speaker 1: the computer catalog all of the patterns and it will
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  Speaker 1: find in the same pattern in different markets. The commonality
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  Speaker 1: is human nature. It doesn't matter what the instrument is.
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  Speaker 1: So they're all trade the same.
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  Speaker 4: All right.
• 10:13
  Speaker 3: So let's talk about first Ukraine call. That was highly controversial.
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  Speaker 3: Basically you said the computer saying it's pretty much gonna disappear.
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  Speaker 4: Now, I don't know what that means.
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  Speaker 3: As a as a country or as a separate country.
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  Speaker 4: What do you think that means?
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  Speaker 1: Look, people think that, you know, like I'm anti Ukraine,
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  Speaker 1: and it's exactly the opposite. For the Ukrainian people. They
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  Speaker 1: had two employees there in Ukraine, one in Kieva, one
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  Speaker 1: in dun Esk. It is the Neo cons that are
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  Speaker 1: pushing war all the time. You had a piece deal
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  Speaker 1: and Baris Johnson hops on the plane, goes over it
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  Speaker 1: to Kiev and the zellin Ski is not allowed to
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  Speaker 1: sign it. I mean, not even made the front page
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  Speaker 1: of Provta. Look, you know they've done the same thing
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  Speaker 1: in Romania. They Europe. The EU is perfectly willing to
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  Speaker 1: sacrifice all the Eastern Europeans to reduce Russia. All right.
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  Speaker 1: They want to conquer Russia. Period. Russia's got seventy five
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  Speaker 1: trillion dollars worth of natural resources. It's the richest country
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  Speaker 1: in the world. Hitler tried to do it, Napoleon tried
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  Speaker 1: to do it, and I mean even Sweden tried to
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  Speaker 1: do it back, you know, you know Peter the Great.
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  Speaker 1: Most people don't realize that Russia was in nineteen seventeen
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  Speaker 1: had the world's largest gold reserves, and somebody hid them.
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  Speaker 1: They don't know where they're at. They didn't want the
• 11:54
  Speaker 1: Bolsheviks to get them, and so the rumor is that
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  Speaker 1: they've been buried in a far to drop to the
• 12:01
  Speaker 1: bottom of a lake or something, but would probably make
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  Speaker 1: like a movie like The Knight's Temporary, you know, trying
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  Speaker 1: to find it. But you know, this is their agenda.
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  Speaker 1: They don't care. I mean, when Zelenski ran for office,
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  Speaker 1: he promised peace and you can google it Russia with
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  Speaker 1: you know, favoring him. The death toll was one hundred
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  Speaker 1: and thirty thousand. It's now over one point two million.
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  Speaker 1: And what are they fighting for? That don Boss is
• 12:35
  Speaker 1: historically Russian. Even Breshneff was born there right right, And
• 12:43
  Speaker 1: you know, forget all the propaganda from the mainstream which
• 12:47
  Speaker 1: is just put out by the neil Kons. Look at
• 12:50
  Speaker 1: the timeline. You know, reorchestrated the twenty fourteen revolution. Victoria
• 12:56
  Speaker 1: Newlan was there handing out sandwiches, and you have gentlemen
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  Speaker 1: McCain on the stage saying, overthrow your government. We're with you,
• 13:05
  Speaker 1: all right. And as soon as they did, Victoria Newland
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  Speaker 1: and there was even a tape that she you know,
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  Speaker 1: that got leaked out where she said, you know, f
• 13:14
  Speaker 1: the you know, the ego, and they stuck in their
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  Speaker 1: own people and immediately instructed them to start the civil
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  Speaker 1: war and attack the dumbas.
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  Speaker 3: Right.
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  Speaker 1: Look, I mean they don't care about the Ukrainian people. Uh,
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  Speaker 1: you know this is I don't know what's wrong with
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  Speaker 1: these people. We're seeing the same thing you got Lindsey
• 13:42
  Speaker 1: Graham saying, you know, go ahead and destroy all of Iran.
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  Speaker 1: I mean there's ninety million people there. They I don't
• 13:51
  Speaker 1: know what it is with these They have no respect
• 13:56
  Speaker 1: for human life whatsoever. They just don't So Iran is
• 14:03
  Speaker 1: just another issue. But they're all connected. They've been orchestrating
• 14:08
  Speaker 1: these things for quite some time. The computer is showing
• 14:12
  Speaker 1: that Ukraine they will fight the the West is basically
• 14:20
  Speaker 1: telling them to keep fighting until there's no Ukrainian left. Uh.
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  Speaker 1: Over eight million have fled the country. Our two employees
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  Speaker 1: are in Berlin now and there's no nobody wants to
• 14:35
  Speaker 1: go back.
• 14:36
  Speaker 3: Yeah. Mind so many people in Florida from Ukraine. It's amazing. Yeah,
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  Speaker 3: it's becoming like little Kiev down in in Dade County, Miami,
• 14:48
  Speaker 3: Dade County, so y.
• 14:50
  Speaker 1: Look, it's uh, I know, I bumped into a bunch
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  Speaker 1: of them, my shelf. It's uh, you know, this is
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  Speaker 1: what what you're looking at. And I don't see Ukraine surviving.
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  Speaker 1: They had you know, look, they were independent, all right,
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  Speaker 1: that was it. I mean, just because you know, the
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  Speaker 1: Kovich was pro Russian versus EU. They had to overthrow
• 15:19
  Speaker 1: the government and then deliberately use this to start a war.
• 15:31
  Speaker 1: You've got the same thing going on with Iran. You
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  Speaker 1: had Telsea Gabbert basically testify before Congress and say that
• 15:39
  Speaker 1: they're got eighteen months away from getting a nuclear bomb,
• 15:44
  Speaker 1: and you know, and then all of a sudden it's
• 15:48
  Speaker 1: it's urgent, We're going to do it right now. I
• 15:52
  Speaker 1: Mean the problem with this stuff is Iran has does
• 16:01
  Speaker 1: have uh, supersonic vessels. The only way you know, they
• 16:07
  Speaker 1: claim that they had, you know, domestic development of them,
• 16:10
  Speaker 1: et cetera. But most intelligent uh points to you know
• 16:16
  Speaker 1: that they were asisted by Russia. China gets about eighty
• 16:21
  Speaker 1: you know, eighty percent of all the oil from Iran. Right,
• 16:26
  Speaker 1: So if you take out Iran and this is not
• 16:30
  Speaker 1: about nuclear weapons, all right, this is regime change, you
• 16:37
  Speaker 1: get m hm. They decapitated basically the top leaders in
• 16:44
  Speaker 1: the government, and they wanted to even kill the you know,
• 16:49
  Speaker 1: the Supreme leader. Trump said no, uh, I mean this
• 16:57
  Speaker 1: is you know, it wasn't really just the nuclear stuff.
• 17:01
  Speaker 1: I mean they know that, Uh, Israel could not destroy that.
• 17:08
  Speaker 1: It's it's too deep. They don't have the missiles to
• 17:13
  Speaker 1: do that, all right. Uh, that takes the US to
• 17:16
  Speaker 1: do it, and they at the US to step in.
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  Speaker 1: But the other thing was basically too for regime change.
• 17:27
  Speaker 1: And you have to question here, given their contact with
• 17:34
  Speaker 1: Russia and China, is it just another New Khan toy
• 17:42
  Speaker 1: uh to get us involved in another endless war.
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  Speaker 4: You know.
• 17:50
  Speaker 1: And look met Yahoo. Many people don't realize, but he
• 17:57
  Speaker 1: went to school in Cheltenham, Pennsylvania. He grew up there
• 18:03
  Speaker 1: and visited the family of Bill Crystal, whose father Irving
• 18:09
  Speaker 1: started the whole Newo Khan movement.
• 18:12
  Speaker 3: And Bill is still a member. And Bill was getting
• 18:15
  Speaker 3: millions of dollars this foundation from US aid.
• 18:19
  Speaker 1: Yeah, exactly. Netan Yahoo is part of the Neo Khan movement,
• 18:28
  Speaker 1: all right. His popularity in Israel as of June of
• 18:33
  Speaker 1: last year was the last time I looked at it
• 18:36
  Speaker 1: was down to twenty nine percent. So he doesn't have
• 18:40
  Speaker 1: the the you know, the overwhelming majority of Israeli people
• 18:45
  Speaker 1: behind it either. So it's kind of like Zolenski, you know,
• 18:51
  Speaker 1: and he just won't have elections because he knows he
• 18:56
  Speaker 1: would lose. So I mean, I, in all honesty, I
• 19:04
  Speaker 1: think Trump has been played. He knew he was against
• 19:10
  Speaker 1: the neo CON's domestically like John Bolton, et cetera, Victoria Nulan.
• 19:16
  Speaker 1: I don't think he realized that just because net Yahoo
• 19:20
  Speaker 1: or bb is is the head of Israel, that that's different.
• 19:26
  Speaker 1: But he's part of the same crew.
• 19:28
  Speaker 3: So we if we get word three here, or are
• 19:32
  Speaker 3: we going to pull back from the precipice? Now?
• 19:35
  Speaker 1: Look the computer, Uh, the computer is showing volatility around
• 19:42
  Speaker 1: this globally, So it doesn't indicate that we're looking at
• 19:46
  Speaker 1: something isolated that's just going to stay with Iran and.
• 19:53
  Speaker 3: Israel.
• 19:56
  Speaker 1: Israel just trying to get the US involved. And at
• 19:59
  Speaker 1: the same time, I'm I I and skeptical whether Russia
• 20:05
  Speaker 1: and China would allow Iran to just simply completely fall apart. Uh.
• 20:13
  Speaker 1: It's it's really you know, we're pushing this up against
• 20:17
  Speaker 1: the edge again.
• 20:19
  Speaker 4: Uh.
• 20:20
  Speaker 1: Sources that I have have been saying that Zelenski was
• 20:25
  Speaker 1: conspiring with the Brits to use an old Soviet torpedo
• 20:30
  Speaker 1: to sink an American ship to blame it on on Russia.
• 20:36
  Speaker 1: M Uh. And the same thing you know, in with Iran,
• 20:45
  Speaker 1: false flags have been used to start wars all the time.
• 20:50
  Speaker 1: Hitler's you know, set fire to the right stack, you know,
• 20:54
  Speaker 1: to blame communists, which happened to be they thought going
• 20:59
  Speaker 1: after the Jews was that it was sold more of
• 21:03
  Speaker 1: a that you had Lenin and Trotsky were Jewish, so
• 21:07
  Speaker 1: communism was this Jewish conspiracy. Uh, and that's how they
• 21:13
  Speaker 1: kind of like started it. And then it's like you know,
• 21:17
  Speaker 1: the well the bankers were the Jews, and then like
• 21:20
  Speaker 1: you had Crystal Knock, et cetera. But it started in
• 21:23
  Speaker 1: and even in Ukraine. They were basically saying that communism
• 21:29
  Speaker 1: was this Jewish conspiracy. That's where we're kind of how
• 21:34
  Speaker 1: they sold it. And that's why he blamed the right
• 21:38
  Speaker 1: stock fire on the communist So you had you know,
• 21:45
  Speaker 1: you can look on Wikipedia. Uh, there's you know, Operation Northwoods.
• 21:51
  Speaker 1: Same thing they proposed to Kennedy to kill Americans and
• 21:57
  Speaker 1: blame it on Cuba to justify an evasion there, and
• 22:00
  Speaker 1: he rejected it. So they probably took him out, as
• 22:04
  Speaker 1: all the evidence is suggesting that the CIA took him
• 22:07
  Speaker 1: out because you wouldn't go into Vietnam. We just have
• 22:14
  Speaker 1: to understand it. And there was no weapons of mass destruction.
• 22:19
  Speaker 1: You can google it and you'll see that there were
• 22:23
  Speaker 1: investigations that FDR couldn't get us into World War two,
• 22:28
  Speaker 1: and so he set things up against the Japanese for
• 22:32
  Speaker 1: Pearl Harbor. And then they found out that we had,
• 22:35
  Speaker 1: you know, broken their code and knew about it in advance.
• 22:39
  Speaker 1: And I put on my site just two days before
• 22:43
  Speaker 1: and there was the Honolulu Tribune said we're going to
• 22:46
  Speaker 1: be attacked on the weekend, you know, And there was
• 22:51
  Speaker 1: a big Senate investigation on it. So obviously the conspiracy
• 22:55
  Speaker 1: theories were good enough to get a Senate It's investigation going.
• 23:00
  Speaker 1: And the conclusion is, well, we're not entirely short after
• 23:03
  Speaker 1: Yard knew we were going to be attacked in advance.
• 23:08
  Speaker 4: All right, so.
• 23:10
  Speaker 3: You know, you still adhering to your call for twenty
• 23:13
  Speaker 3: thirty two I think DAWs sixty two thousand.
• 23:17
  Speaker 1: Yeah, Look, it's it's uh. All I can say is
• 23:23
  Speaker 1: that the more you keep this cret poking that were
• 23:29
  Speaker 1: dragging on one side and the bear on the other side,
• 23:33
  Speaker 1: I mean, this is not gonna end. Well never does now,
• 23:41
  Speaker 1: I mean what wars are you know, everybody always starts.
• 23:49
  Speaker 1: They think, oh, they're gonna win, and they're gonna it's
• 23:51
  Speaker 1: gonna be short, sweeting to the point they never.
• 23:54
  Speaker 3: Are welcome us as a liberators on the streets right,
• 23:59
  Speaker 3: the s.
• 24:01
  Speaker 4: A bagda right.
• 24:04
  Speaker 1: My concern is that the computer basically does show World
• 24:07
  Speaker 1: War three and that it's englfing everything. And I can't
• 24:14
  Speaker 1: explain it, but it does seem as though there are contagions.
• 24:22
  Speaker 1: I mean this go. I mean, for example, Rome over
• 24:25
  Speaker 1: threw with uh it's king and five O nine B
• 24:28
  Speaker 1: state within the Pube Bathons overthrows as tyrant democracy is born,
• 24:34
  Speaker 1: American Revolution, George Washington's being you know, sworn in in
• 24:40
  Speaker 1: seventeen eighty nine. To French girl, that's a good idea,
• 24:42
  Speaker 1: and they're over the French revolution starts. I mean, these
• 24:47
  Speaker 1: things are common. You have tenements square within basically what
• 24:52
  Speaker 1: was the twenty six weeks the Berlin wolffalls it's and
• 24:58
  Speaker 1: what we're seeing right now it is kind of alarming
• 25:04
  Speaker 1: to me. Uh, you're even seeing wherever there were tensions
• 25:09
  Speaker 1: historical way between one group and another, they all seem
• 25:13
  Speaker 1: to be rising up again. We gave a handful of
• 25:17
  Speaker 1: of of jets to Greece and what what They even
• 25:24
  Speaker 1: made a statement that major front pages over there. Oh
• 25:27
  Speaker 1: now we can we can launch a surprise attack on Turkey.
• 25:32
  Speaker 1: I mean, that's the dispute between the two of them,
• 25:34
  Speaker 1: been going on since Alexander the Great. Uh, it's I mean,
• 25:42
  Speaker 1: we had offices over in Thailand, and all of a sudden,
• 25:46
  Speaker 1: Thailand is in a border dispute with Cambodia, India and Pakistan.
• 25:54
  Speaker 1: You everywhere you go Taiwan, North Korea versus the South
• 26:00
  Speaker 1: and Japan is you know, maybe the only place that
• 26:07
  Speaker 1: doesn't seem to be in complete chaos right now is
• 26:11
  Speaker 1: maybe in Africa and South America. That's about it. Yeah,
• 26:16
  Speaker 1: just give them time. It's that's I don't know how
• 26:21
  Speaker 1: to describe it other than it seems to be like
• 26:24
  Speaker 1: a contagion. Oh that's a good idea, you know. Yeah,
• 26:29
  Speaker 1: they pissed me off a long time ago. Let's go
• 26:32
  Speaker 1: get a id all. You had the former chairman of Germany, Bismarck,
• 26:39
  Speaker 1: in eighteen eighty a. He forecasted that Europe would be
• 26:46
  Speaker 1: in a major war and he said it's going to
• 26:49
  Speaker 1: come from the Balkans. He was, you know, premature in
• 26:53
  Speaker 1: nineteen fourteen to serve child in Austrian heir to the throne,
• 26:57
  Speaker 1: the arch duke, and boom you have War three, you know,
• 27:02
  Speaker 1: World War one. So I mean it's just I mean
• 27:06
  Speaker 1: that area is you know, Look, as I said, we
• 27:13
  Speaker 1: had employees in Ukraine, one from Kiev. We had we
• 27:18
  Speaker 1: had a conference and in Greece and she refused to
• 27:25
  Speaker 1: fly back to Fense this way simply because of how
• 27:29
  Speaker 1: to stop over a Moscow. The hatred there between Ukrainians
• 27:37
  Speaker 1: and Russians are It's just systemic. Same thing in the
• 27:42
  Speaker 1: Middle East. I mean, how do you solve this when
• 27:47
  Speaker 1: you're talking about religious disputes? Yeah, it's not an economic thing,
• 27:54
  Speaker 1: all right, fine, I'll give you this, you give me
• 27:57
  Speaker 1: that whatever it's. You know, Island is still split, you know,
• 28:01
  Speaker 1: north versus South between protesting Catholic go to England and
• 28:06
  Speaker 1: they still call it Catholic a pape in that's from
• 28:09
  Speaker 1: the Civil War sixteen forty nine. Well, it's religion. I
• 28:16
  Speaker 1: just I don't know if there is any solution. I know, honestly,
• 28:20
  Speaker 1: I just don't know.
• 28:22
  Speaker 4: Couldn't agree with you more.
• 28:23
  Speaker 3: Well, I think we'll leave it at that and just
• 28:26
  Speaker 3: everybody get the book The World.
• 28:29
  Speaker 4: According to Martin.
• 28:30
  Speaker 3: Armstrong, a lot of these forecasts are in there. A
• 28:34
  Speaker 3: lot of forecasts that have come true have are in
• 28:38
  Speaker 3: there as well. Finally, gold and silver, So you think
• 28:42
  Speaker 3: gold five thousand, Silver just broke thirty seven bucks. Where
• 28:47
  Speaker 3: is silver heading?
• 28:49
  Speaker 1: Yeah? I mean, look, silver will eventually test a fifty
• 28:52
  Speaker 1: dollars level two. The thing to understand about precious metals
• 28:59
  Speaker 1: is that they do not go up with inflation that
• 29:03
  Speaker 1: is propaganda been sold around for a long time. They
• 29:07
  Speaker 1: go up with geopolitical concerns. That's why you see them rising.
• 29:16
  Speaker 1: You may see gold break out to the upside going
• 29:20
  Speaker 1: into July, mainly because this war with Iran does not
• 29:24
  Speaker 1: look like it's going to be settled. They look more
• 29:28
  Speaker 1: like it's going to be prolonged. So you don't just
• 29:34
  Speaker 1: be prepared. But I would say that that's what you're
• 29:37
  Speaker 1: really looking at it. You know, the precious metals are
• 29:43
  Speaker 1: a hedge against government. You don't know who's going to
• 29:46
  Speaker 1: win in a war, so you're based their cret go
• 29:49
  Speaker 1: in that direction, and.
• 29:51
  Speaker 3: We need all the hedges we can get. Now, a
• 29:53
  Speaker 3: platinum was under one thousand for years. Now it's in
• 29:57
  Speaker 3: the twelve hundreds. It's a tiny market. It's not really
• 30:02
  Speaker 3: reflective of the other markets. There's in dustrial uses catalytic converters.
• 30:09
  Speaker 3: But historically platinum always traded for more than gold. Are
• 30:13
  Speaker 3: we going to see that again?
• 30:16
  Speaker 1: Maybe not, because it is more on the industrial side
• 30:19
  Speaker 1: and most of your supply actually comes out of Russia.
• 30:27
  Speaker 1: Russia is actually the only country that given issued coins
• 30:31
  Speaker 1: in platinum, and they were always the most expensive, the
• 30:37
  Speaker 1: highest denominations over and above gold. But look with with
• 30:44
  Speaker 1: war expanding, and the real problem I should say about
• 30:56
  Speaker 1: the Middle East is that if this turns more into
• 31:00
  Speaker 1: a religious dispute, all right, you have already sent an
• 31:06
  Speaker 1: awful lot of people from this region, Syria, et cetera,
• 31:09
  Speaker 1: into York, and it wasn't to assimilate. They have retained
• 31:15
  Speaker 1: their distinct cultures, etc. And this turns into more of
• 31:21
  Speaker 1: a jihad. Our computer is not looking very favorably on York.
• 31:27
  Speaker 1: You're looking at a lot of civil ration in most
• 31:29
  Speaker 1: of the major cities.
• 31:31
  Speaker 4: Amazing.
• 31:32
  Speaker 3: All right, Well, we got the word directly from Martin Armstrong.
• 31:36
  Speaker 4: Again.
• 31:37
  Speaker 3: The book is the world according to Martin Armstrong conversations
• 31:42
  Speaker 3: with the Master Forecaster. The link is in the description
• 31:46
  Speaker 3: to buy the book, and like I said, we sold
• 31:49
  Speaker 3: the phenomenal number now considering I'm an independent publisher, self published,
• 31:55
  Speaker 3: no publishing house, no PR and nothing, just the truth
• 32:00
  Speaker 3: and the videos.
• 32:01
  Speaker 4: So go buy it.
• 32:02
  Speaker 3: If you've got a question for Martin or myself, please
• 32:05
  Speaker 3: shoot me an email. Klatcarrieluts dot com. Make sure you
• 32:09
  Speaker 3: go to Martin's site sign up for his notifications, his
• 32:12
  Speaker 3: daily emails Armstrong Economics dot com. Martin, we'll talk to
• 32:17
  Speaker 3: you again soon.
• 32:18
  Speaker 4: Thanks for coming on.
• 32:19
  Speaker 1: Oh, thank you for inviting me. Take care over there.
• 32:22
  Speaker 2: Thanks for listening to Carrie Letz's Financial Survival Network, your
• 32:26
  Speaker 2: solution to today's trying times. For the latest, go to
• 32:30
  Speaker 2: Financial Survivalnetwork dot com. Financial Survival Network now more than
• 32:36
  Speaker 2: ever