Latest / The Big Mig Show / Global Finance Forum Powered By Genesis Gold Group |EP413

Transcript

Global Finance Forum Powered By Genesis Gold Group |EP413 · The Big Mig Show

0:30
Music. The.
1:18
Welcome back to the Big big show global finance forum powered by
1:21
Genesis Gold group, of course with your host Jonathan Rose,
1:25
Jacob Diaz, Lance Miliaccio and George Ballantine.
1:27
From bullion to borders, you know we are going to your go to
1:30
source for cutting edge insights in the world of finance and you
1:34
know we're going to cover it all.
1:35
Genesis gold group believes in empowering faith driven
1:38
stewardship. We're gold and silver and
1:40
integral part of a balanced portfolio.
1:42
Protecting your finances with precious metals has never been
1:45
more crucial. Join us as we explore the versus
1:48
shaping global markets, the power of precious metals, and
1:51
the dynamics that influence economies across borders.
1:55
George Ballantine what's going on brother?
1:57
You got a dress shirt? You're all flared up today.
1:59
What's going on man? You got your fit going?
2:01
Yep. What's the?
2:02
Story I didn't want to give Jonathan any ammo to not want to
2:05
give me a gold pepper bar, so I thought let me dress up.
2:07
I put the new stock. Dressing up, that would do it.
2:10
I. Put the new stock ticker on
2:11
today too. Nobody said anything.
2:13
You know, I, you know, I guess I don't know.
2:14
Am I the only one paying attention here?
2:17
Well, we don't have mine yet, so it's hard.
2:18
To Oh, he look, he's he's bickering.
2:19
Let's just bring him on. Let's bring him on because
2:22
they're bickering. Let me give him a chance.
2:24
What's up fellas? Morning fellas.
2:27
You both look great. I got no rebuttal today.
2:29
I mean, George, you're looking like a grown up, so.
2:35
Funny, got to take that shot. But you know, that's that
2:38
British sense of humor. We were just talking about it a
2:40
few minutes backstage. Now, just for the audience,
2:42
Jonathan's going to have to leave a little bit early.
2:44
They're both a little underweather.
2:45
They both caught themselves a little bit of a flu cold bug and
2:48
not sure. So we got to enjoy them while
2:50
they're here. Before we get fired up, I want
2:52
to talk about the prepper bar. Of course, 62.2g prepper bar
2:57
perforated easily broken down into your choice of three
3:00
different denominations to fit a multitude of needs.
3:03
Whether it be for asset protection, action from
3:05
inflation, economic turmoil, or its unique utility for barter
3:08
and trade, the prepper bar of course makes a perfect gift.
3:11
Holidays are closing in and those precious metal lovers and
3:14
stackers out. You, you know, they'd love to
3:16
have this obviously exclusively made in the US, meaning that
3:20
it's mined in the US and it's minted in the US.
3:23
You don't have to worry about any fraudulent bullion in this
3:25
situation. And there's more of that going
3:27
on. You realize, I just read another
3:29
article about it that they're facing an issue of that
3:32
nationwide, actually, I should say worldwide.
3:35
So look, this obviously since it's made here, you don't have
3:38
to worry about that. And of course, it's available in
3:39
both gold and silver. They've got them in stock right
3:42
now. The slim prepper bar, I'll hold
3:44
it sideways. Of course, ours are in a plastic
3:46
case, so it's very thin, fits neatly in your wallet, and
3:49
obviously their utility enables us to use it in any kind of a
3:52
situation. You never know what's going to
3:53
happen with the US dollar. It's better to be safe as safe
3:56
than sorry. Of course, you go to
3:58
thebigmigbar.com, That's the Bigmig bar.com.
4:01
That'll get you right over there.
4:02
Of course, if you use that QR code, you can take a snapshot
4:05
now so you don't have to miss any of the show and you can log
4:07
in later. You always look for those QR
4:09
codes on our shows. Everything with Genesis Gold, it
4:11
makes it easy for you guys to find it.
4:13
So hold up. Hey Jonathan, break me off a
4:16
piece of that prepper bar. I don't know, is that going to
4:22
help Jonathan with that hurt sales that link that jangle at
4:26
George's store? With chops like that, George's
4:30
went to the top of the stocking list.
4:31
So yes. Yes.
4:35
All right, listen that. Listen, that's a good Jingle you
4:37
might have to use. We don't have to incorporate
4:39
that, you know, think about it me off a piece of that.
4:43
Are you ready? To sing that Jingle.
4:46
Are we ready to record you this weekend?
4:47
You know, I think we might get into some copyright trouble with
4:50
that one. I don't know.
4:53
Exactly. All right, well, look, listen,
4:55
the last time we had the show, obviously just tons going on,
4:57
but what I think is some of the best news, we obviously we won.
5:02
Let's face it, it's a good thing for the country.
5:03
It's a good thing for finance, it's a good thing for everybody.
5:07
Trump's back in the saddle. I'm calling it Trump 2 point O,
5:10
and I think this is going to be a really exciting time for
5:13
everybody's finances. I'm calling it an economic shake
5:17
up ahead. Give me your thoughts, Jacob.
5:18
What do you think? Is it good news that Trump is
5:20
back in the saddle? I mean, look at the smile on my
5:24
face and it doesn't matter. You know who you voted for at
5:29
this point. Everyone's going to get to reap
5:31
the benefits of a, of a Trump presidency, right?
5:34
And obviously, you know, that's not to say these issues will be
5:38
gone in the snap of his fingers. He has a great plan.
5:40
He has a great team. But like I always say, it takes
5:43
a cruise ship 5 miles to make AU turn right.
5:46
So we're officially turning back to get on the right track.
5:51
You know, I, I look forward to how much he get done, gets done
5:54
with a solid four years. Who knows, maybe we see advance
5:57
presidency afterwards and really get this shit back on track.
6:01
But I'm definitely optimistic, more so than the other the other
6:04
potential candidate. Well, look, there's no doubt the
6:07
world is watching closely. I mean, this is a big shifting
6:11
political landscape. It seems like many of the
6:13
countries are thrilled. China and Russia both have
6:16
already come out and said they're ready to, you know, get
6:17
a a better dialogue on relations.
6:20
That didn't happen during Biden. Of course, it never would happen
6:22
with Harris. And I think we have to look at
6:24
the previous administration's policies and look at the success
6:27
Trump had one he was in the saddle before.
6:30
And I think the world, you know, is excited.
6:33
And of course, we even saw Hamas offering to negotiate
6:37
immediately when they heard Trump got elected.
6:39
I don't know if that was out of common sense or fear.
6:42
What do you think, Jonathan? Trump back back in good, bad.
6:46
You know, what's what's it going to do for the markets?
6:47
Precious metals. I think it's great, you know,
6:51
happy he's back in gold, rallied 51% when Trump was in term last
6:57
time. And I think the markets are
7:00
going to react very favourably. As you mentioned, countries
7:02
around the world are are calling and they want to come to the
7:05
table to negotiate. I'm embarrassed to say, you
7:08
know, I'm from the UK, London, we're now a socialist society.
7:12
The left has taken over. And the other day when they
7:15
reported it live on air, they actually had news reporters drop
7:19
the F bombs and and walk off walk off their new set.
7:22
So it it just amazes me how polluted and disillusional these
7:30
people are that that paint Trump in in President Trump in the
7:34
wrong way. And can we kind of talk about
7:36
because I want to gloat a little bit if that's OK.
7:38
I'm not one that that likes to gloat at people.
7:41
I. Can't tell you're always
7:42
gloating at me bro, you know? On the big, big showing,
7:48
especially the Global Finance Forum, you know, at the end of
7:50
the day, we've taken a lot of hits.
7:51
I think a little gloating is not only, you know, obviously, OK, I
7:55
think it's deserved. So please gloat away.
7:57
Float away. Here you go.
8:00
Because, you know, we kind of take it on the chin and we keep
8:02
quiet. But I did have to say I got a
8:06
lot of pleasure just sitting on my phone and sprawling and
8:09
looking at all these liberals crying, sobbing.
8:14
You got that stupid newscaster, comedian, what's his name?
8:17
Jimmy here. Kimmel first.
8:19
Of all. He's not Jimmy the Whiner,
8:21
Kimmel. Wait, he's not a newscaster.
8:24
He's a late night talk show host.
8:27
Coward. A.
8:29
Late night show them all together right now, George.
8:31
But just watching people is honestly, I got some pleasure
8:36
out of it and it just amazes me. You know, these celebrities, you
8:40
know, the LeBron James, the Beyoncé, and you know how stupid
8:44
in and out of touch are all these people.
8:46
And I think, you know, when you look at their spending habits
8:49
leading up to the campaign, you know, they were spending
8:51
$5,000,000 a day more on social media than the than the Trump
8:56
campaign. And you even had like Elsa Hosk.
9:00
I mean, even these supermodels, they were probably paying them.
9:03
God knows how much they were paying them to indulge Trump.
9:07
And then when he gets in there crying, you know, women's rights
9:10
are going to be taken away. He's a convicted rapist.
9:13
Yet these people, I mean, Elsa Hoss, she worked for Victoria's
9:17
Secrets, which was owned by I think Ed Resnick, I think, and
9:20
and got done for sexual abuse, abusing employees, sexual
9:26
misconduct, best friends with Jeffrey Epstein on Epstein's
9:29
island. And yet you have these people
9:32
getting paid, who by the way, probably got paid to talk all
9:34
this crap about Trump. But I'd love to see how they
9:37
actually voted, because they actually probably didn't vote.
9:39
I think something Epstein was even in charge of Victoria's
9:42
Secret towards the end. He was actually running the
9:44
business operations. That's how far he'd gotten his
9:47
hooks into them. So clearly, we know what his
9:49
real plan was. And I agree with you.
9:51
The amount of money, do you know, do you realize that she
9:53
spent over a billion dollars on her campaign and in fact, she's
9:56
now $20 million in additional debt.
9:59
She overspent that billion. Well, Beyoncé and some of the
10:05
other celebrities and actors, they're going to pitch in and
10:08
donate for that, I think, right? You don't think so?
10:12
Listen, one part of the brilliancy of the Trump campaign
10:16
was they put so many ads up during football games about
10:21
transgenderism and stuff that the all the all the other side,
10:25
the hosts are talking about it like they're they're so thankful
10:28
they don't have to see them no more.
10:29
That was brilliant because you got all the males they don't
10:32
want. Who wants that in the schools?
10:34
But he did he did pick, you know, they said all you know,
10:37
they call him misogynistic, they call him Hitler, all these good
10:40
things. But he picked up in the suburban
10:42
women vote, the black vote, the Hispanic vote, everybody's vote.
10:47
So you know that you're their messaging is not working.
10:50
They're seeing right through that crap, which is finally a
10:53
good thing. But we still it's going to be
10:55
tougher though. Hold on.
10:58
Not, not only that, I have added to My Portfolio Genesis gold,
11:02
Group gold, silver, other things.
11:04
I've also bought some stocking tissue, tissue box tissues for
11:11
the liberal tears. Yeah.
11:13
What's going up? Good play.
11:14
Yeah, play. I just want you know.
11:17
I thought so, You know, You know, at the end of the day,
11:19
it's pretty nauseating. I think one of the worst parts
11:21
of the campaign that I think is the amount of people that were
11:23
paid to do the endorsements that were were driven in to rallies
11:28
to, to lie to the American public and falsify the actual
11:32
real turnouts. And I think the fact is these
11:34
celebrities, the social media influencers should have to face
11:37
the consequences of not putting paid post sponsored post, which
11:40
is, which is a actual legal obligation under FCC rules.
11:44
If you're in fact endorsed by a company or sponsored by a
11:47
company, you're supposed to put paid post sponsored post.
11:50
But none of them did it. And when you called the FCC,
11:53
because I actually did it, they actually said, Oh, well, we're
11:55
not sure if that falls under us or not.
11:58
You'd have to go over to the election, to the the election
12:01
division and find out. Of course, they all didn't know
12:04
who had the answer for that. They just run you around, don't
12:07
give you any answer because they don't want to acknowledge that
12:08
in fact, that's the case. And I think consequences and
12:11
accountability are a big part of this.
12:12
But let's go back to what we were talking about.
12:15
I want to jump back in here. What do you think, Jacob?
12:18
The stock market, obviously initial market reaction has been
12:21
good. Historically, the stock market's
12:22
been great under Trump. His policies have always been
12:25
perceived as probusiness. What do you think?
12:28
Where do we see the markets going from here?
12:29
I know we've had a little bit of a pull back.
12:31
Of course the the day one though it, you know, it blew up there
12:34
for a little bit and I think the S&P is heading close to 6000 I
12:37
think is what I read this morning.
12:40
Yeah. So for us, I think a lot of
12:43
folks are waiting for the dust to settle, right.
12:45
The markets are always going to have that initial strong sharp
12:49
reaction, right? For example, even gold, which is
12:52
historically very stable, took a 2% hit the day after.
12:56
But the day after that, it bounced back 1.6.
12:58
So once the dust settled, I think what we'll see is that
13:03
Donald Trump will put us back on the right track for our economy.
13:06
And what we what we saw in this election more than anything, to
13:08
go back a little bit, is that, you know, the folks were voting
13:12
that didn't care about what celebrities were endorsing
13:15
Kamala Harris. They were, they were voting for
13:17
their grocery bill and for their for their power bills, right?
13:21
So I think a little bit of common sense just got voted back
13:24
into the into the White House. And we will definitely be right
13:27
on the back track, back on the right track.
13:29
Can I say what will happen, You know, in the in the short medium
13:32
term, we don't have a crystal ball.
13:35
Obviously we work in alternative assets.
13:37
I still believe the, the best assets are the ones you can hold
13:40
in your hand. And they sure as hell ain't
13:42
going anywhere. You know, gold and silver are
13:44
here to stay. Price projections don't change
13:46
in our minds and in the minds of these experts across the world.
13:50
You know, I think we're still going to have a very strong
13:51
couple years. Yeah, You know, there's no
13:55
doubt. I don't think there's going to
13:56
be any impact. As a matter of fact, everybody's
13:58
still predicting a, you know, upward trend on both gold and
14:01
silver. But you know, what I like about
14:03
Trump, He's already started to really build a cabinet that I
14:06
think is about deregulation. I think they are about
14:09
accountability. I think they are about bringing
14:11
back the rule of law. But obviously, the regulatory
14:14
environment is always important because we've seen too much of
14:17
that. He said day one after he's sworn
14:19
in, Gary Gensler is going to be fired, which would probably be
14:22
one of the best things for a lot of different stuff because at
14:25
the end of the day, I often think that the SEC is just
14:27
looking for deep pockets to to, you know, go after so they can
14:30
get some money. What do you think about the
14:32
regulation, Jonathan? You think that's going to be a
14:35
big part of the new Trump campaign?
14:37
And what do you think that how does that bode for all the
14:40
different markets? One of my favorite words,
14:42
deregulation, I mean, who, who doesn't want to be deregulated?
14:47
Less bureaucracy, less red tape, right?
14:50
So I think it's going to be very favorable.
14:52
And I think that was reflective the day they announced that he
14:55
got into office where we saw the markets react positively in
14:59
terms of the work ahead. There's a lot of work ahead.
15:03
And I think, you know, there's been some, you know, damage that
15:07
could last us decades that have got to be turned around.
15:10
But I think deregulation is probably going to be one of
15:13
them. I think that's why which we'll
15:15
probably talk about a little bit more on the show, why, you know,
15:17
the crypto industry, you know, people are still partying and
15:21
probably still nursing a few hangovers with a Trump
15:25
presidency up ahead. But I think as of a whole, it's
15:28
going to be great for the market.
15:30
The the economic data still stands.
15:33
We're still $35 trillion in debt.
15:36
Interest rates have come down a quarter point the other day, and
15:40
that's going to be good to kind of get the American Dream back
15:43
on track. But historically, lower interest
15:45
rates also lead to a weaker dollar.
15:48
And when you have a weaker dollar, you need something in
15:50
your portfolio that has an inverse relationship.
15:53
And that's what gold provides. So obviously gold's not going to
15:58
be going anywhere. It's still an integral part of a
16:00
the balanced portfolio and the economic data still really
16:04
shines on assets such as gold and silver, particularly silver,
16:08
you know, because industrial uses for silver technological
16:12
environments are still here to stay.
16:14
So again, you know, I think if you're looking at the next super
16:17
cycle for commodities and alternative assets, I think
16:21
that's going to be one of the top headlines here over the next
16:24
four to five years. Yeah.
16:26
You know, obviously you know, the crypto markets, a lot of
16:29
people, we know that only about 4.6 or 4.8% of the world deal in
16:33
digital currencies are cryptos. Obviously that leaves a lot of
16:37
room to grow. Trump was in the past skeptical
16:41
towards a lot of the crypto currencies.
16:42
We've heard it over and over again.
16:44
Of course he was. He was advised, I think in a lot
16:46
of ways in the wrong way. People talk about dark money.
16:49
He always goes back to Silk Road and Bitcoin and the growth
16:52
there. That was on the dark web because
16:53
of it. But the institutions, I think
16:55
what we're seeing is a lot of the institutions are now
16:57
investing. I see it.
16:59
And even the volumes of what's happening in meme coins and a
17:02
lot of the other coins as you as you spend time on the different
17:05
coin exchanges, there are huge amounts of volume.
17:08
We're talking about, you know, 24 hour billion dollar moves in
17:12
crypto currencies now. So the market sentiment with
17:15
Trump back in place, there's a lot of euphoria.
17:18
And here's an additional piece, George, that I'd like to ask you
17:21
about. I don't know if you've seen it,
17:22
but there are a lot of different, I want to say PACs
17:26
that are funded by crypto organizations that are putting
17:29
money into a lot of these campaigns.
17:31
And I think we're seeing that the, the, you know, obviously
17:35
Congressional of people that are running for office, state and
17:38
federal that are pro crypto, they're getting support now
17:41
financial support from the crypto industry.
17:43
I don't know how much of that you've caught, George.
17:45
Well, just look at Bitcoin, how it just soared as soon as Trump
17:48
won. You know, he said that he's
17:51
going to make crypto one of his main objectives to bring into
17:57
the government. How he's going to do it, which
17:59
way he's going to do is yet to be said, but crypto is going to
18:03
here to stay. Trump is going to put it in the
18:07
spotlight finally with America, I think in the right way.
18:10
And hopefully he said he's going to seize like all the assets of
18:14
it that they've that the government is confiscated,
18:18
hopefully use that to pay off the debt or something.
18:20
I mean, why not? We're going to go to we're going
18:25
to go to digital currency one way or another.
18:28
It's it's inevitable. I've been saying that.
18:31
But if we, the good guys, can get a on top of it first, we
18:35
have a chance. You would think like you would
18:38
think that. Dubai's put a lot of money into
18:40
the crypto market, George, and that's what Trump is saying that
18:43
he didn't. He actually was in a
18:44
conversation where he said, you know, Dubai is making some
18:46
really aggressive moves to kind of be the central location for
18:50
the crypto world. And what Trump wants to do is
18:52
potentially create some tax freestyle zones for companies
18:56
that are dealing in crypto. He's had some discussion to that
18:59
effect behind the scenes. He'd like to have something that
19:01
really puts the US market in the driver's seat for the world on
19:06
crypto. I don't know if that'll happen
19:07
or not, but of course, let's talk about gold and silver.
19:11
Safe haven demand could obviously increase.
19:14
We hope that he's going to decrease geopolitical tensions.
19:17
But of course, positioning himself and just getting back in
19:20
the track with these world leaders, I think that's going to
19:23
take some time. And I think that continue is
19:24
going to continue to drive demand for gold and silver.
19:27
What do you think, Jacob? Am I right?
19:34
Sorry about that. Quick, quick, quick muting
19:37
issue. Yeah, I think you are right.
19:40
I think that, like Jonathan said, debt is here to stay.
19:43
Inflation has not yet gone away. It's it's all about, you know,
19:48
what President Trump can really get done in four years with his
19:51
cabinet. I think he's got the right team
19:53
to do it. It's, it's going to be all
19:55
about, you know, how efficient they can be with, with the deep
19:58
state and the swamp working against them.
20:02
You know, in the past, obviously inflation in a strong U.S.
20:06
dollar have impacted, you know what the gold and silver market.
20:09
But am I wrong? I get this weird feeling because
20:12
of bricks and so much what's going on around the world and
20:15
the way that, you know, gold and silver has positioned itself.
20:19
I don't feel like that's going to happen this time.
20:21
Maybe I'm wrong. I just don't feel like there's a
20:23
strong dollar in inflation or, you know, the fact that people,
20:26
I think inflation is obviously is is going to continue.
20:28
It's going to be tough. Like you said, it's a big cruise
20:30
ship and it's going to take us miles to turn it in the other
20:32
direction. But don't you feel like maybe
20:35
gold and silver are in a different spot than they've even
20:37
been previously? And then in fact, maybe they're
20:39
going to kind of carry regardless of the strength of
20:41
the dollar because of bricks. What do you think, Jonathan?
20:46
Yeah, it's a good point, I think.
20:48
I think gold and silver can stand on its own 2 legs.
20:51
So I think whatever's happening in the world, and you look at
20:54
the history of gold and you know, I've been involved in the
20:57
gold market here in the US since 97.
20:59
So I've seen all the UPS and the downs, the times top economists
21:03
have had things right or incorrect.
21:06
And ultimately gold still always shines as a safe haven.
21:10
So, you know, sometimes over the years I look at gold's role
21:14
against inflation, against the dollar, against interest rates.
21:18
And I think maybe the the playbook needs to be rewritten
21:21
with gold because, you know, hypothetically speaking, when
21:24
you look at some of the historical data and you look at
21:28
relationships between different asset classes, gold hasn't
21:31
actually always performed like that over the past few years,
21:34
especially against rising interest rates, which
21:37
technically is meant to be bad for gold.
21:38
Well, that hasn't been the case here.
21:40
Over the past three years, we've seen gold reach new historical
21:43
highs. So and, and why is that?
21:45
Well, because more of the focus has been on the debt in the
21:48
country and obviously worldwide instability.
21:51
We have more worldwide instability than we've ever had
21:53
before. Is Trump going to fix all that?
21:56
Well, that's going to have to be seen.
21:59
You know, and like Jacob was saying with the cruise ship
22:01
analogy, you know, we have a large kind of large problem to
22:07
tackle with this trade deficit. And who knows what's going to
22:09
happen tomorrow. I think, you know, short
22:11
sightedness can't, we can't be blinded by that.
22:14
More bank failures are around the corner.
22:16
Jerome Powell's already mentioned this.
22:18
A lot of commercial loans are defaulting.
22:20
Credit card defaults are at the highest level in history.
22:25
Car loan defaults highest in history.
22:28
So I think, you know, it could be a question.
22:29
We come, come to work one day. We see this happen time and time
22:33
again where news comes out, whether it's from the US
22:36
domestically or internationally, from Japan or China, that rocks
22:39
the markets. And when that happens, that's
22:42
when people want to be prepared and make sure they have that
22:45
insurance in their portfolio, which are asset classes such as
22:48
gold and silver. That's going to protect them
22:50
from whatever's going to happen next.
22:53
I mean, they're saying that the market might take a hit.
22:56
You know, it just can't sustain itself.
22:59
But even if you look at the housing market, it's not.
23:01
It's like it's slowing down and I don't, I mean I haven't looked
23:05
into foreclosures or nothing. Have you looked anything in that
23:07
you guys any information on that?
23:09
What's going on? Foreclosures, no, I would say
23:14
here in Los Angeles, you know, I think the, the high retail, the
23:17
high, the high luxury market is still pretty much on fire here
23:21
here in Los Angeles. I can tell you that I I do know
23:26
people who are in, you know, in the car wholesale world and, and
23:30
they tell me all the time that they're at these car auctions
23:32
and brand new cars are coming up for auction every day.
23:36
Why is this? Because people are having these
23:38
cars defaulting on their car loans and they're going straight
23:41
back to the auction and they're being bought for pennies on the
23:43
dollars. And, and this is becoming an
23:45
epidemic along with credit card debt.
23:47
So this is something that people seem to be ignoring.
23:50
But the day-to-day spending, people have overspent, they
23:53
can't pay their bills. And there's going to be
23:55
repercussions with this sooner rather than later.
23:58
Yeah. Yeah, with Trump winning though,
24:01
that that real estate in LA may take a hit when all those
24:04
celebrities move out of the country.
24:06
So we'll have to keep a close eye on that.
24:08
We don't know what's going to happen.
24:09
I noticed the other day a bunch of homes in kind of a celebrity
24:13
driven neighborhood were randomly burning down.
24:16
Did you see that? I really don't know what caused
24:18
that. Any idea?
24:20
Did you see that story at all? Jonathan?
24:21
That's a legit story. I just gave.
24:23
There was a, there was a neighborhood in LA that it was
24:25
like, it wasn't like houses in a row.
24:27
It was like one over here, another one over here.
24:29
Yeah, like 10/12/15 high end homes burned.
24:32
I don't, you know, to me it looked like arson.
24:34
But I'm, you know, like I can't jump the guns.
24:36
That's just. Me they they didn't paint their
24:38
roofs blue, you know and the. Exactly.
24:42
All right, Well, listen, let's talk about inflation.
24:44
Trump's got a plan. We know that he's already got
24:47
Elon Musk and Ron Paul ready to team up to get the the budget
24:51
under control. They're talking about cutting $2
24:53
trillion out of the US budget. They're going to take a, you
24:57
know, a playbook page out of the Miele playbook about shutting
25:01
down the Board of Education and many other institutions and
25:03
firing lots of people. We know Elon Musk excels at it.
25:08
But the other big part of the plan is Trump's plan for taxes.
25:11
He's he even suggested he might completely get a rate rid of
25:15
income tax. Now, I don't even know if that's
25:17
possible, but that's what his plan is.
25:19
Of course, Ron Paul is an N the Fed guy.
25:22
We know that the Fed has been a big part of this problem just
25:24
printing money and then charging us for at a private institution.
25:27
We even had the head, the head of the Federal Reserve saying
25:30
that if Trump asked him to resign, then would he do it?
25:33
And he said absolutely not, obviously falling under the fact
25:37
that the Federal Reserve is a private institution federally
25:39
mandated by statute. So what do you think We.
25:43
Can abolish it. If you think these moves, you
25:46
think inflation is going to get under control, we're going to
25:49
see it at the pumps. And of course, he wants to make
25:51
us energy independent again. What do you think to that,
25:55
Jacob? You could pop out first.
25:57
Yeah, I'm going to let. Yeah, absolutely.
25:59
I've got to, I've got to jump off.
26:01
I I just got my notification. So gotcha, you guys, you guys
26:05
are in good hands. And if I have time, I'll try and
26:07
jump back on. But until next week, gentlemen
26:11
and it's always a pleasure. And so I have to bow on you
26:14
early. Not a problem, Jonathan Rose.
26:16
We appreciate it very much. CEO of Genesis Gold.
26:18
You go to your meeting, Jacob Diaz, you're carrying the ball
26:21
down field, Brother, don't, don't.
26:22
Don't fumble. What?
26:24
Do you think you've got? Policies.
26:26
Trump policies. Are we ready to go?
26:29
You know, when I first of all, speaking to the energy
26:31
independence, I think that's probably the most valuable step
26:35
of, of Trump's plan in terms of where it'll affect Americans,
26:39
right? They'll feel it at the pump.
26:40
They'll feel it in their, their energy bills.
26:42
And that's the foundation for why everything has gotten so
26:45
expensive, right? My, it's not a concern because I
26:49
do trust the man. He's the right man, the right
26:51
team for the job is think about how many goals that Trump has
26:56
that are the right goals. But he's only got 4 years,
26:59
right? He doesn't have 8 consecutive
27:01
years to get this done. So my only concern is that he
27:05
attacks all the right problems and all the right ways, but
27:08
doesn't get to finish the job before it's already election
27:11
time, you know, four years from now.
27:13
Because if the government moved quickly, you know it wouldn't be
27:16
the government. I think that's well said.
27:20
And of course, the damage that's been done to our economy, you
27:24
know, has been so tremendous during the Biden Harris
27:27
administration. They, they knew nothing about
27:30
business. They were, you know, obviously
27:31
they were installed into their positions and they allowed the
27:35
damage to continue on their watch and they even obviously
27:38
fueled it. So, you know, the Federal
27:40
Reserve response has not been great.
27:43
Federal Reserve right away. I told you that he, he came out
27:46
yesterday and said, oh, no, I, I wouldn't resign if he, I was
27:48
asked to resign because he, he feels that he doesn't have to
27:50
because it's a private institution.
27:52
But you know, my, the days of the Federal Reserve, I wonder if
27:54
we're coming to an end. George, what do you think?
27:57
I sure would hope so. I mean, it would be great if
28:00
they get rid of the Federal Reserve.
28:01
We don't need them. They just all they do is add
28:04
more chaos to the government, to the people.
28:07
I mean, the interest rates late of course they lowered another
28:11
quarter point the other day, but but they've done nothing the
28:15
last four years and all they've done is cause us to pay more for
28:21
everything and everything across the board.
28:24
Yeah, you like you're just talking about those car like
28:27
loans defaulting on cars. I wonder if it's because maybe
28:31
the interest rates might go down and they're paying such higher
28:33
interest rates that are like, ah, let me just get rid of it
28:35
and get something else with a lower interest rate.
28:36
Who knows? That's possible, but.
28:39
I mean, look a Ford diesel truck now a dually Ford diesel truck,
28:43
I think it's 120 or $130,000. I mean that that just that is
28:48
just a, an astronomical price. When you look at the prices for
28:52
new automobiles, they're really excessive.
28:55
They've gotten to the point that, you know, to get into a
28:57
new car, you're looking at an 800, twelve, $100 car payment
29:00
even with a sizable down payment for something decent.
29:03
And that's kind of a frightening number.
29:04
It never used to be like that. So, you know, going forward,
29:08
obviously people are concerned Trump's plan is to get, you
29:10
know, reduced government spending.
29:11
But of course, he wants to bolster defense and
29:14
infrastructure, which could obviously tax cuts along with
29:18
additional spending on that could cause some budget
29:20
deficits. He's talking about some of the
29:22
social programs that are out there.
29:24
I think there's enough fat. I don't need to know whether or
29:27
not that if you feed quail cocaine that they will fornicate
29:32
more. That was one of the things that
29:33
our U.S. government put spending into that was.
29:37
I don't know how do they justify that though.
29:39
I, I have no idea. You know, that's actually a
29:41
legitimate program. Paul Randolph obviously outed
29:44
that last year in his famous speech that he does once a year.
29:48
I, you know, I'm tired of that kind of stuff.
29:49
I don't need, I don't need to feed sunfish psychedelics to
29:52
find out whether or not it's going to make them more
29:54
aggressive. It's not even that.
29:55
It's another campaign. They also, they also put in all
29:59
these bills they sneak money into like Syria or Afghanistan
30:03
to teach transgenderism. I mean for what?
30:07
Yeah, I'm not, I'm not sure about that one either.
30:09
George is a good point. But you know, I think Trump's
30:12
plan when we talk about the economy is job creation and to
30:15
reduce unemployment. He was highly successful doing
30:18
that even during the the pandemic.
30:19
He did a good job, and obviously, he's always been
30:22
strong on trade policies. What do you think about job
30:24
creation under Trump? Do we expect to see a bunch of
30:27
growth? Because the pandemic really
30:29
taught businesses that they could run a business and they
30:32
didn't have to have an office and they could cut their staff
30:34
and they could, you know, run it on any smaller scale and be more
30:37
efficient. It was kind of a force thing,
30:39
but it happened. What do you think, Jacob?
30:40
Are we going to see unemployment numbers go down?
30:43
Because we know under Biden, they've lied to us about the
30:45
numbers and acted like it went down, when in fact all it did
30:48
was go up, up, up, up, up, up, up, up.
30:51
Right. Well, the number one thing that
30:53
we can hope for with this new administration is going to be
30:55
transparency, right? And then that they stop
30:58
gaslighting the American people with with false numbers and fake
31:02
news. You know, and that's a big
31:03
problem because when the American people don't know what
31:05
to expect, things can happen on a great scale that affects them
31:09
that they were in no way prepared for, right?
31:11
So what I hope for with this administration and what I
31:13
believe will be the case is that we will be given accurate
31:16
numbers when the government has them in the best interest of the
31:19
American people. I do believe that the stage has
31:22
been set. Obviously, like you said, we're
31:24
in a very different world post COVID.
31:28
The, the job market, I know right now to be extremely
31:30
difficult. I have, I have friends with, you
31:33
know, obviously different situation, my friends with
31:35
master's degrees who can't get entry level jobs.
31:37
So the market has certainly shifted, but I do think that,
31:41
you know, if you talk about drill, baby drill, that'll
31:44
create some job opportunities as well.
31:45
And I, I think he has a plan and I trust the man to do his best.
31:49
But more than anything, I just hope for transparency.
31:52
Yeah, You know, a lot of people have tried to use some of his
31:55
policies. Of course, they always go go to
31:57
Project 2025 as one of the reasons they say that things are
32:00
going to be horrendous. But before we go into this next
32:03
thing, when we come back, we're going to talk about trade
32:05
policies, corporate growth under the new Trump administration
32:09
that's coming in. And then of course, gold
32:10
rebounds to 2700. Let's find out what's going on
32:14
in that gold and silver. We've got our expert Jacob Diaz,
32:18
CFO of Genesis Gold, and of course, George Ballantine,
32:21
myself, Lance Camanacho. We'll be right back.
32:24
The Global Finance Forum, don't go anywhere.
32:26
Stay tuned if you want to know what's going on in global
32:28
markets. American who keeps up with the
32:31
real news. You know by now the severity of
32:34
the economic issues that are plaguing our great nation.
32:37
My name is Jonathan Rose and I'm the CEO of Genesis Gold Group,
32:41
the only major faith driven company in the industry. 2024 is
32:46
a year full of uncertainties. With trillions of dollars in
32:50
national debt, inflation impacting your savings, and the
32:53
pivotal election year, your Peace of Mind is more valuable
32:57
than ever and now is the time to use physical gold and silver to
33:01
preserve your hard earned retirement savings with a gold
33:04
IRA. Call Genesis Gold Group today.
33:07
Our team has decades of experience helping folks just
33:10
like you take their first step on the path to true financial
33:13
freedom with a gold and silver IRA.
33:17
Call Genesis Gold Group today at 1-8 Hundred 200 Gold for a no
33:20
commitment and formative consultation with one of our
33:22
experts to find out if we can be a fit for you.
33:24
Call now at 1-800-200-4653 or visit genesisgoldgroup.com.
33:30
In a world of uncertainty, be prepared with silver pepper
33:33
bars, your ultimate hedge against political instability
33:37
and economic turmoil. Introducing the Silver Pepper
33:40
Bar crafted from .999 pure silver and proudly made in the
33:45
USA, this tangible, divisible asset can come in handy even in
33:49
the toughest of times. Portable, perforated, and easily
33:52
tradable, the Silver Pepper Bar is your lifeline in times of
33:56
crisis. When facing inflation, currency
33:58
devaluation, and financial meltdown, Silver Pepper Bars
34:02
provide Peace of Mind. Don't wait for disaster to
34:05
strike. Secure your future today with
34:07
the exclusive Silver Pepper Bar, the only silver bar on the
34:10
market, divisible into three different size pieces for
34:13
maximum utility, all while fitting in your wallet.
34:16
The smart choice for savvy investors and preppers alike.
34:20
With Silver Pepper Bars, you're ready for whatever tomorrow
34:24
brings. Hi folks, I'm here today to
34:26
introduce you to the Prepper Bar from prepperbar.com, the most
34:30
unique precious metals product we have seen in a long time.
34:33
These 62g bars are perforated and easily broken down into your
34:37
choice of three different sizes to fit a multitude of needs.
34:41
Whether it be from asset protection from inflation,
34:44
economic turmoil, or its unique utility for barter and trade,
34:48
the Prepper Bar makes a perfect gift for all the precious metal
34:52
lovers out there. Exclusively made here in the USA
34:55
and selling out fast. Available in both gold and
34:58
silver, these slim prepper bars fit neatly in your wallet and
35:01
their utility enables use in any situation.
35:04
As gold and silver prices continue to surge and top
35:08
economist predict upcoming shortages, now is the time to
35:11
secure your precious metals in the form of prepper bars.
35:14
Go to prepperbar.com now and place your order before supply
35:18
runs out and prices go up. All payment methods accepted.
35:22
Order your silver pepper bars now at pepperbar.com.
35:26
Silver pepper bars ready for whatever tomorrow brings?
35:29
Order now. Welcome back to Global Finance
35:42
Forum with our sponsors Genesis Gold Group.
35:46
But you know, before I got to give them a shout out like I
35:49
always do every show, right? You have to.
35:52
So we all seen that the beginning this year has come
35:54
with so many uncertainties. Will red hot inflation continue?
35:58
Well, you know what, Trump just went office.
36:01
So things might change a little bit.
36:03
Will interest rates continue to rise?
36:05
Thankfully, Trump is in. But the feds, they still promise
36:08
a soft landing. You just seen Jerome Powell, he
36:11
don't want to leave. So who knows what's going to
36:14
happen, right? But interest in physical gold
36:17
and silver has been skyrocketing so many Americans are moving
36:21
their retirement counts the precious metals that some
36:24
companies have had a hard time keeping up with the man.
36:27
If the beginning of this year has shown you one thing,
36:31
inflation is not slowing down yet hopefully, and the Fed is
36:35
completely incapable of fixing these issues. self-directed Iras
36:39
backed by physical precious metals have been the primary
36:42
focus for Genesis Gold Group from the beginning.
36:45
They only work with precious metals like physical gold and
36:47
silver because they can be stored on the customer's behalf
36:51
of the depository. Their team has decades of
36:54
experience helping folks just like you preserve your hard
36:56
earned savings. And you can see right now that
36:58
Jacob and Jonathan are on this show.
37:01
Give me their insight so their service provide to their
37:05
clients. It's truly one-of-a-kind because
37:06
you don't see nobody else doing shows for you guys.
37:08
So call Genesis Gold Group to help get your money back on the
37:11
gold standard. They have a free IRA guide.
37:14
That's right. I said free.
37:16
There's a lot of information education in there.
37:18
All you got to do is call Genesis now at 888-526-7154.
37:23
That's 88875267154. Or you can go to
37:28
www.thebigmiggold.com. Don't forget to mention the big
37:32
MIG show. You can have your IRA set up
37:33
fees waived on qualifying accounts.
37:35
Also, take a screenshot of this, the QR code, save it to your
37:40
files. You click on it, it will take
37:42
you right to the gold site. You can't.
37:43
We're making it easy for you. Free guides, free advice.
37:48
Go there, call Genesis. Now see.
37:52
Yeah. And at the end of the day, I, I
37:54
can tell you, Jacob, just to let you know that the people really
37:56
appreciate this show and they appreciate your guys
37:59
transparency and that you guys aren't hard, pushy salespeople.
38:04
That's what I've heard more than once now that they like the fact
38:06
that you guys feel like you want to work with a person for the
38:09
long term. You're not just trying to make a
38:10
quick hit and move on, that you're trying to advise them
38:13
about their finances for life, hopefully becoming not only, you
38:16
know, kind of a family advisor that's there for the long term.
38:20
So just want to thank you for the way you treat the clients
38:22
that do come in that come off our show because you guys can be
38:26
trusted. We vetted a lot of companies and
38:27
that's why we went with you. Let's talk about Trump and trade
38:31
policies. Man, there's just a lot of fear
38:34
mongering online. They want to talk about all
38:36
these other garbage. They're talking about his
38:38
tariffs, trying to act like, you know, some companies supposedly
38:42
somebody posted up to the company, cancelled their year
38:45
end bonuses because they weren't sure what was going to happen
38:48
with the tariff policies, what was going to happen to the
38:50
company. I don't even know if the story
38:51
is true. I don't think so.
38:53
But business friendly tax measures are also a positive for
38:56
companies. And we want to encourage
38:58
corporate expansion and stimulate the economic activity
39:01
is what Trump said. George, what do you think?
39:03
The tariffs, you think it's overdue with China and many
39:07
other countries that about obviously taking advantage of
39:09
this no tariff policy and of course, has caused a lot of
39:13
companies to move their manufacturing out of the
39:15
country. What do you think?
39:16
Well, hell yeah. I think it's it's the right
39:19
thing to do. You know, if you look at just
39:22
you can't go like sell American cars in China, you know, in
39:26
other countries, they just why is everybody, why did always our
39:30
government officials let everybody take take advantage of
39:32
America and our money? It's you know what, no, it's
39:35
time for the terrorists. And most importantly, I want
39:38
Congress to pass laws on this to keep these tariffs.
39:42
So God forbid after Trump's done, whoever gets in, they
39:46
can't, you know, they can't overturn this.
39:47
You know what tariffs and we cannot pay income taxes anymore.
39:51
I mean, who would not want that? Only someone that's delusional.
39:56
Yeah. I mean, I don't disagree with
39:58
you. Obviously, everybody loved to
39:59
have no income. It works.
40:00
That'd be an immediate win and believe that money will come
40:03
back into the economy. Listen, it was working when he
40:06
first took office and to get the full effect, you needed eight
40:09
years of it. You know, they want to talk
40:11
about I raised it that no, but you didn't give me a chance
40:13
because you wanted to put all that Russia stuff and all those
40:17
fake news up. But you know what, Jacob, you
40:19
talked about like with the news and stuff.
40:21
Now I just want to bring this up, what Trump should do in the
40:25
administration when it comes to the press corps is they
40:28
shouldn't let CNN and all the fake news reporters not even let
40:33
him in there. Let people are going to report
40:35
the truth. If Trump does something bad,
40:37
sure report it, but report on the good too.
40:40
Get rid of them and make it make a point.
40:42
Hopefully they said it might be a podcaster administration.
40:46
I know Lance and I are ready. Well, there is a lot of talk
40:49
about Alex Jones for press secretary.
40:51
Jacob Diaz. What are your thoughts on that?
40:52
Alex Jones for press secretary. Well, George, you know, I I'd be
40:57
inclined to agree with you on the keeping CNN in them out, but
41:00
I don't know if you remember how much fun it is to watch Trump
41:03
take him to school every once in a while or, or or whoever his
41:07
his press secretary. You know, but doesn't.
41:08
It's true. Media deserve an opportunity to
41:11
participate after the long hard 9 year fight we've been in.
41:15
Don't they deserve those seats just as much as CNN and MSNBC?
41:18
And here's the other thing. Let me add this before you go,
41:20
George. I also believe that if they, if
41:22
they intentionally misrepresent the truth, they should not.
41:27
They not the first couple times they should, they should have to
41:29
pay fines and sanctions. And the next time I think their
41:32
FCC license should be at risk that it could be taken away
41:35
because there's too much fake news getting disseminated by
41:38
these groups and there's too many opinions.
41:40
I don't believe the the news should be so much.
41:42
It should be so opinion driven and so fake news driven that
41:45
they could just continue to do it and get away with it.
41:47
I think that it should be driven based on a neutral position of
41:50
both left, right and the rest of the information.
41:53
What do you think, Jacob and George?
41:54
What let me let me answer this for you, Lance and guys.
41:57
So my belief is they should do this is so people who always
42:03
watch CNNMSNBCCBS all the fake news, if they if they're not
42:09
there at the White House reporting, they're going to be
42:11
forced to go watch somewhere else to try to see what's going
42:13
on and it will get the truth. So in hopes of that not letting
42:17
him in the press corps, people that will that are always
42:21
brainwashed by the manipulated by the news will be able to go
42:24
get the real news like the big big show, other shows or you
42:27
said Alex Jones. I don't think they should do
42:28
that even though they were floating it for like a two week
42:30
thing. It's fun.
42:32
It's fun, but we don't. But I don't think he should
42:35
start off in a stunt like that. I think it's not.
42:38
I think he he's got an opportunity.
42:40
He's won a lot of voters over, so we need to keep that that
42:44
persona and momentum going. That's the last thing you need
42:47
because they're just going to tear them up.
42:49
Yeah, Jacob, give me your thoughts.
42:51
You know, this is a, this is a bit of a tough one because a
42:54
large part of me wants to agree 100% with George.
42:57
If you're not going to, you know, be an honest journalist,
43:01
you don't have a place in that room, right?
43:04
But you know, we, we sort of have the same conversation.
43:07
You know, I, I like to go on X, formerly known as Twitter.
43:10
And so I can sort of see the opposition and what both sides
43:13
are saying. So I can come to a conclusion on
43:15
my own. And if you don't have that sort
43:18
of back and forth, it's difficult for people, even those
43:21
who are on the right side to, to, if you accept one truth
43:25
without seeing the other possibility.
43:27
I, I don't think it creates as strong as a conviction versus,
43:30
you know, folks like ourselves who obviously do our research
43:34
and, and look at all the sides, you know, it leads to a really
43:36
strong conviction in what the actual truth is.
43:39
But I do believe, like you said, Lance, there could be some form
43:43
of enforcement of, of, of a fine or something if it is blatantly
43:47
untrue. Or, you know, what bothered me
43:50
the most was you see Harris supporters and even Harris
43:53
herself continuing to push the lie that Project 2025 was a
43:56
project of President Trump. That was her entire campaign.
44:00
When it was a shy OPS so. When was this?
44:03
And so when, when it gets that egregious, I think there needs
44:06
to be someone to step in and have a small amount of
44:10
regulation. But you know, it's a slippery
44:13
slope towards censorship. And I certainly don't believe in
44:15
that well. I agree with that.
44:16
OK, But listen, how what would be good for investments?
44:21
And so if they actually reported on on how the economy was doing
44:26
with Trump and people see it like the other side, you would
44:30
see more investments, more, more people switching to retirement
44:34
accounts to like Genesis gold with gold and silver because
44:37
they want that security. But when you're not hearing
44:40
that, people stand back because they don't know what's going on.
44:43
But the one thing that's not fair is when you had ABC and
44:45
CBS, when they altered gave questions to Kamala during the
44:48
debate, that's that's interfering with a, with an
44:50
election, they should be held 100% accountable for that.
44:54
Yeah. I agree with that.
44:56
I want to keep the moving for you guys here because obviously
44:58
we want to cover some of these other topics for the audience.
45:00
So gold obviously took a little hit when first announced with
45:03
Trump, but then boom, rebounds right back up.
45:05
It's covering right around 2700. Silver also halved, you know,
45:10
some of this activity, but then boom, going back up again.
45:14
So what do you think? You're the expert, Jacob
45:16
Phillison, What do you see? I know you're not a predictor of
45:19
the future always that you try to play the conservative role.
45:21
But obviously lots of people are are wondering.
45:24
And I personally, my personal opinion is this, after looking
45:27
at all the markets, looking at what the demand is for gold and
45:30
silver across the globe, I think, I think gold and silver
45:34
have moved into a position where they're less vulnerable to a
45:37
strong U.S. dollar and much less vulnerable to inflationary
45:41
concerns. What do you think?
45:43
I think you just, you just nailed the hit the nail on the
45:46
head there, Lance, because I think gold has entered a new
45:51
level where it is a bit separate from those from those factors.
45:54
Not to mention, I think a lot of folks forget that the gold
45:57
market isn't tied to the United States.
46:01
Gold has a place in every economy and every market and
46:04
against every currency on planet Earth.
46:07
So you know, when we see Chinese consumers buying up gold because
46:12
they have fears about their real estate market and their stock
46:15
market, that's just as likely to drive prices higher here.
46:19
So it's sort of has surpassed this state where it's simply
46:22
dependent on, you know, inflationary pressures or, or
46:26
the strength of the dollar. And I really do think it's going
46:28
to have a strong couple of years to me, once the hangover passes,
46:32
as Jonathan likes to say, and and the dust settles, I I think
46:36
it's business as usual. You know the same issues are
46:38
still here. Well, you know, Western demands
46:41
up. A lot of people are thinking
46:42
that Chinese consumers are going to return to the gold markets
46:45
and buying more gold jewelry. And obviously that that's all
46:48
going to depend on whether China introduces an economic stimulus
46:52
package, which there's a lot of story that they're going to
46:55
that's going to be happening very soon.
46:57
Lots of Chinese investors are are spending that kind of money
47:00
and time. What do you think about the
47:02
foreign markets? What do you think the impact is
47:04
for the bullion markets? You know, like I was saying, I,
47:08
I think people have underestimated the ability for
47:11
foreign markets to impact our markets here, right?
47:14
You know, when we saw I, I was ever grant a couple years back
47:17
that went under in, in China, you know, we see the ripple
47:20
effect from such a strong economy or large economy, I
47:23
should say, like the Chinese and then continuing to be impacted
47:27
by bricks. You know, there's so many new
47:29
factors that have sort of come to the mainstage in the last
47:32
couple of years that I, I think the case for gold is it has the
47:36
same foundation, but there's a couple new factors that are
47:39
really going to contribute to its growth and, and our our
47:42
price targets over the next 5-10 years.
47:44
We still say three $5000 an ounce very soon and and
47:47
ultimately 10 plus. I think we'll see, you know,
47:50
later this decade or in the in the next one.
47:53
Yeah, well, the technology demands continue to increase.
47:56
We're seeing demands on all levels of technology.
47:58
We also know that the military technical demands for both gold
48:02
and silver used and obviously microprocessors and obviously in
48:06
lots of other ways, that's going to be greasy.
48:08
And of course, we've talked about that EV technology before
48:11
on the show. And I think Trump's policies,
48:13
you know, I think they're going to run, they're going to create
48:15
a strong economy, but I think they're going to continue the
48:17
demand with bricks. It's going to continue to grow.
48:19
Although I do have to say, interesting news today.
48:22
I don't know, George, if you saw this, Putin came out and said he
48:25
was not going to abandon the US dollar.
48:29
What do you think he meant by that, George?
48:32
He's scared of Trump. You think so?
48:36
I mean be that. Wait, he respects.
48:38
Trump and he wants to work with him.
48:41
Yeah, he's afraid of Trump, so he respects him.
48:43
Yeah, but I mean, listen, he's he was he he it's it is
48:49
definitely something to think about and it's mind boggling
48:51
because he's part of bricks and been pushing that.
48:55
So, you know, bricks may be may die off we'll see.
48:58
I mean, American dollar still a lot stronger than bricks.
49:00
So listen, Trump can definitely turn it around with the with the
49:05
crypto. He they I'm going to give Trump
49:08
a chance. I think Putin's knows what's
49:10
going to happen. So why not?
49:13
Well, I'm going to, I'm going to switch gears here a little bit.
49:15
I think that's AI think you're right, George.
49:17
I like, but of course, Putin and Donald Trump have always had a
49:19
good plan. XI has already said he wants to
49:22
work on relations with the US, which obviously means that he
49:25
wants to work with Trump because he sure as hell never said that
49:28
during Biden and the Harrison administration, probably because
49:31
he already felt like he had that administration under control and
49:34
he knows he won't be able to control this one.
49:36
Kash Patel is rumoured to be the CIA chief.
49:39
George, it seems like he's going to be the pick for CIA chief.
49:42
And he's announcing a massive declassification, which is going
49:46
to incur under Trump's administration.
49:48
He's talking about the Epstein files, the ditty list and more.
49:51
We've got a media clip I want to play.
49:53
Let's play that. And then I want comments from
49:55
both of you guys. What do you think this does to
49:58
the global perception of the US and even the financial
50:02
perception by by really just declassifying things that have
50:05
been under lock and key for so long?
50:07
Do you think it'll be positive or negative?
50:09
But let's play the clip 1st. And then, George, you come in
50:12
and tell us your thoughts. And then, Jacob, you tell me
50:14
yours and. Then when we go back to DOJ and
50:16
FBI, we still don't have all the lists, all the Fisa's, all of
50:20
the stuff they did to 275,000 Americans illegally in one year.
50:26
Put that out there. I'm not saying in the rest of on
50:29
how to do it. We can keep the hood on the
50:32
engine, but we can show the American people how they
50:35
violated our rights. And to me, what you said is the
50:38
most important, restoring trust in our agencies and departments
50:42
that the way to do that is not to get a pinata and just punch
50:46
him mercilessly and hoping for some bubble gum to pop out.
50:49
The way to do that is to literally give the American
50:52
people the truth. And that's what they feared
50:55
about Donald Trump. He's going to come in there and
50:57
maybe give him the Epstein list and maybe give him the P Diddy
51:00
list. You know, he's going to come up
51:01
there and maybe do all these things.
51:03
And they are terrified. Yeah, I I believe that's part of
51:06
the part of the. Reason why Jimmy Kimmel was
51:08
crying last night on his program, but also I believe that
51:11
this is something that the American public desperately
51:13
want. And most importantly, this is
51:16
how you restore honor and how you restore trust.
51:19
Now, many may not know, some will, that you are personally
51:24
responsible for the research on the Russiagate collusion.
51:28
Everything we know about Russiagate and we know maybe
51:30
like less than half of what really happened with Russiagate.
51:34
Cash Patel is the one who found it out with Devin Nunez.
51:38
So Cash, you have an excellent pedigree in rooting out the
51:41
truth. Will we get the full ditty list?
51:44
Will we get Epstein? Will we get JFK?
51:46
Will we get the rest of what happened with Russia collusion?
51:51
That's what I want, that's what I want.
51:52
It's me as an American citizen, that's what I want.
51:54
In terms of achieving that restoration of respect for
51:58
government in DC, that's been gone for like 50-60 years,
52:01
right? I have said on the campaign
52:02
trail, when I was on the Team Trump bus door or surrogate
52:05
somewhere, I said America has a chance to retire the dynastic
52:08
families that have rained down corruption in Washington, DC on
52:11
November 5th. You could have retired the
52:13
Bushes, the Cheney's, the Clintons and the Obamas.
52:15
And you know what, Benny? For the first time I get to say
52:18
they did. And part of that mandate that
52:21
they deliver to Donald Trump is simply they want the truth.
52:25
And I don't know why it has been.
52:26
Well, I do know why, but I believe and hope President Trump
52:30
is going to go in there and just be a vehicle, a conveyor belt
52:33
for the truth and just put it out nonstop.
52:35
Agriculture Department, education, labor, all of it,
52:38
everywhere. And Congress is going to play
52:40
such a critical role in these oversight investigations.
52:44
Just think of what you can accomplish if you have a
52:45
director and or a secretary who actually works with the
52:49
Republican chairman or chairwoman on oversight.
52:52
It's incredible, not just for corruption revelation purposes,
52:55
but to see how we actually budget and stop lighting your
52:59
money on fire. Well, you know what, Lance?
53:03
Sounds all good, sounds great. But when will it be done?
53:08
And is anybody going to be held accountable?
53:12
This is what this is what I want to see.
53:14
You can release all the information.
53:16
We can oust all the people, but what about the people that held
53:19
the information that was part of the corruption like Clapper,
53:23
Comedy, Brennan, Brennan, You know, there's a bunch of them.
53:28
They should, they need to be all their security clearances #1
53:31
should be pulls all them 51 intelligence plus the eight that
53:34
they said pull their security clearances.
53:37
They should be actually charged with interfering in the
53:39
presidential election on top of all the other charges they
53:41
should have coming to them. I mean, enough's enough.
53:45
If not, yeah. But if nothing, if nothing gets
53:48
done, it just tells them that they people can continue to do
53:51
it. And that's what they
53:53
consequence. Revamp it is so, yeah.
53:56
Well, but I think, I think transparency, honesty, I think
54:00
the American public at this point wants that and they
54:03
expects it. They expect it.
54:04
And I think the, I think the message that would send to the
54:06
entire planet that we're literally putting out the real
54:09
information, I think would be moving America back to center
54:13
where there's a country that can be trusted versus what's
54:16
happened. These rogue agencies have done a
54:18
horrendous job in, in turning the American country into
54:22
something that the, not the, the, the world knows they cannot
54:25
trust. And that's not where we, we
54:26
really need to be. Jacob, give me your thoughts.
54:29
Transparency, honesty and integrity.
54:32
Yeah, I couldn't agree with George Moore on that one.
54:35
All the lists coming out will be great to realize the offenders.
54:38
But if there's no punishment, there's no aversion to to
54:41
behavior like this. Again, I think there needs to be
54:43
a full cleaning of the house, draining of the swamp, whatever
54:45
you want to call it. Although, you know, I truly
54:49
believe that transparency is the way that the American people
54:52
will start to trust the government again.
54:53
Not wholeheartedly, right? That wouldn't.
54:55
There's a long way to go before that.
54:57
But you know, I, I think that putting people out on Front
55:01
Street who thought they could do whatever they wanted because of
55:03
the affiliations that they had, whether it's a powerful family
55:06
or an A list actor or whoever it might be.
55:09
You know, the average American people have nothing in common
55:13
with that person, right? They're just, they're just
55:16
concerned about, like I said earlier, their energy bills and
55:18
their grocery bills. So to see these people who
55:21
thought they could act however they wanted, who are, who are
55:23
living the high life and hurting people, to be the hell, to see
55:26
them held accountable, to have a little bit of actual justice in
55:30
this country, I think we'll go a long way with the American
55:32
people. Yeah, there's no doubt.
55:35
I mean, I'm obviously lots of people are excited about the
55:38
Trump campaign and a lot of people, the regular American who
55:41
voted for him, we've seen he, not only did he win the
55:43
electoral votes, he won the most popular votes, you know, and we,
55:47
we saw some numbers across the country, some big swings,
55:50
Pennsylvania, obviously, even California, most maybe the the
55:54
reddest ever, surprisingly. So the entire center of
55:57
California went full red. So maybe there's still hope.
56:00
Maybe if we can get Newsome out of there.
56:02
But let me read you guys a quote and then I want your thoughts on
56:04
this. This came out of Reuters.
56:06
Small government, broad deregulation and tax breaks for
56:10
corporations and the wealthy are widely expected.
56:13
In particular, a softer antitrust stance and less
56:16
regulation in areas such as banking and cryptocurrencies
56:19
could boost corporate profits and spur deal flow, they said.
56:23
He is probusiness and anti regulation, said Yuan Reilly, a
56:27
Co founder and managing partner of investment bank BDA Partners.
56:32
His instincts are to cut taxes. All of that will help the M and
56:36
A market, which is mergers and acquisitions.
56:38
George, what are your thoughts there?
56:42
I say cut all government spending.
56:45
If you bring, if you lower the tax rate for corporations, they
56:49
will come back into this country.
56:51
You'll have jobs for Americans instead of giving it overseas,
56:55
and that will all make the economy flourish.
56:58
It's simple economics, people, unless you want to keep letting
57:03
other countries get rich off of us when we can take care of our
57:06
own right here. And I can't understand why
57:09
people don't get that, that in their heads.
57:11
It's just, it's mind boggling. I mean, we, you know what they
57:16
need to do. They need to send a lot of these
57:17
people to other countries to see how they live and let them live
57:20
there for a little while and see how it is, see if they like it.
57:23
When we start talking about let's get the ball rolling and
57:26
the market's reaction to Donald Trump, obviously the big bankers
57:30
want deregulation. They want less, less restriction
57:34
when it comes to mergers and acquisitions.
57:36
What do you think, Jacob? You know, do you think these
57:38
expectations are right on point when it comes to where we're
57:41
heading here? I think it's, I think it's
57:43
reasonable. I think it's the the one part
57:46
that, you know, when we're talking about the amount of
57:48
massive debt that the US has and how it's continuously getting
57:52
worse. The one strategy that the
57:55
Democrats or the left would never employ is how about some
57:57
economic growth, right? What might that do for, for, for
58:02
the levels of debt that we're experiencing and how poor things
58:04
are going. So I, I think, you know, the
58:06
administration is going to put us in a position where producing
58:12
is not vilified, where that encourages spending, that
58:16
encourages starting new businesses, where you can
58:18
actually not be kneecapped as you're trying to find success in
58:21
this country. I really think we're going to
58:23
see a rebirth of the American dream and have the foundation be
58:25
laid for that which we haven't seen in a long time.
58:28
I love that. I love that closing thought.
58:30
Obviously, we always want to give some good.
58:32
You know, for so long, it's difficult.
58:34
We get on these shows and we you never want to be the purveyor of
58:37
doom and gloom. You know, it's a tough job.
58:39
We want to report the truth. So I appreciate your thoughts
58:41
there. I like the American dream
58:43
thought. We're going to close on that
58:44
here at the Global Finance Forum.
58:46
If you like the show, take the short form.
58:48
The long form. George is going to do his usual
58:50
thing. We'll have short form content up
58:51
for the show. Feel free to share that on every
58:53
platform. Of course.
58:55
Jacob Diaz will be here again next Friday along with Jonathan
58:59
Rose, CEO of Genesis Gold Group. Don't forget holidays are coming
59:03
up. The prepper bar, great gift.
59:05
You're going to like this bar. Ability to barter and trade,
59:08
it's just great. And in fact, we believe silver
59:10
is heading into all new time, high times.
59:13
Of course, you get over to the Big Meat bar.com and grab one of
59:17
those. And of course, you can head over
59:18
to the Big Meat gold.com and get your free IRA guard from Genesis
59:22
Gold Group. Still lots of time to do it and
59:24
they've got some great new stuff on the horizon.
59:26
I've been sworn to secrecy. Can't talk about it yet, but
59:28
we'll be announcing a lot of it on this show and we might be
59:31
potentially doing a new show for them.
59:33
We're excited about that opportunity they may be offering
59:35
us. Of course, the big MIG show
59:39
tonight, Roger Stone, Roger Stone tonight.
59:44
You know, we love Roger Stone. He's a friend of ours.
59:46
He's got big news from 47. He's on the inside loop.
59:49
You know that he's on the inside team.
59:51
So you're going to get great information tonight on that
59:53
show. And of course, don't forget,
59:55
we've got the Big Meg talk radio show this weekend, Saturday and
59:58
Sunday. I'm dealing with tons of snow
1:00:00
here in Colorado, so I won't be talking about good weather.
1:00:02
So again, Global Finance Forum, we're out of here.
1:00:06
Take the short form, the long form.
1:00:07
Don't forget to subscribe. We love you guys.
1:00:10
God, country, family, look at your finances.
1:00:13
Genesis Gold Group's part of your team.
1:00:15
George, last words. Break me off a piece of that
1:00:18
prep ball. See you tonight, y'all.
1:00:25
As an American who keeps up with the real news, you know by now
1:00:29
the severity of the economic issues that are plaguing our
1:00:32
great nation. My name is Jonathan Rose and I'm
1:00:35
the CEO of Genesis Gold Group, the only major faith driven
1:00:39
company in the industry. 2024 is a year full of uncertainties.
1:00:43
With trillions of dollars in national debt, inflation
1:00:47
impacting your savings, and the pivotal election year, your
1:00:51
Peace of Mind is more valuable than ever and now is the time to
1:00:55
use physical gold and silver to preserve your hard earned
1:00:58
retirement savings with a gold IRA.
1:01:01
Call Genesis Gold Group today. Our team has decades of
1:01:04
experience helping folks just like you take their first step
1:01:07
on the path to true financial freedom with a gold and silver
1:01:10
IRA. Call Genesis Gold Group today at
1:01:14
1-8 Hundred 200 Gold for a no commitment informative
1:01:17
consultation with one of our experts to find out if we can be
1:01:19
a fit for you. Call now at 1-800-200-4653 or
1:01:23
visit genesisgoldgroup.com. In a world of uncertainty, be
1:01:27
prepared with silver pepper bars, your ultimate hedge
1:01:31
against political instability and economic turmoil.
1:01:34
Introducing the Silver Pepper Bar crafted from .999 pure
1:01:39
silver and proudly made in the USA, this tangible, divisible
1:01:42
asset can come in handy even in the toughest of times.
1:01:46
Portable, perforated, and easily tradable, the Silver Pepper Bar
1:01:50
is your lifeline in times of crisis.
1:01:52
When facing inflation, currency devaluation, and financial
1:01:56
meltdown, Silver Pepper Bars provide Peace of Mind.
1:01:59
Don't wait for disaster to strike.
1:02:01
Secure your future today with the exclusive Silver Pepper Bar,
1:02:05
the only silver bar on the market, divisible into three
1:02:08
different sized pieces for maximum utility, all while
1:02:11
fitting in your wallet. The smart choice for savvy
1:02:14
investors and preppers alike. With Silver Pepper Bars, you're
1:02:18
ready for whatever tomorrow brings.
1:02:20
Hi folks, I'm here today to introduce you to the Prepper Bar
1:02:23
from prepperbar.com, the most unique precious metals product
1:02:27
we have seen in a long time. These 62g bars are perforated
1:02:31
and easily broken down into your choice of three different sizes
1:02:35
to fit a multitude of needs. Whether it be from asset
1:02:38
protection from inflation, economic turmoil, or its unique
1:02:42
utility for barter and trade, the Prepper Bar makes a perfect
1:02:46
gift for all the precious metal lovers out there.
1:02:48
Exclusively made here in the USA and selling out fast.
1:02:52
Available in both gold and silver, these slim prepper bars
1:02:55
fit neatly in your wallet and their utility enables use in any
1:02:59
situation. As gold and silver prices
1:03:01
continue to surge and top economist predict upcoming
1:03:05
shortages, now is the time to secure your precious metals in
1:03:08
the form of prepper bars. Go to prepperbar.com now and
1:03:12
place your order before supply runs out and prices go up.
1:03:16
All payment methods accepted. Order your silver pepper bars
1:03:19
now at paperbar.com. Silver pepper bars ready for
1:03:23
whatever tomorrow brings. Order now.