Latest / Financial Survival Network / Gold, Silver, and the Coming Shift in Global Power - David Stryzewski #6325

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Gold, Silver, and the Coming Shift in Global Power - David Stryzewski #6325 · Financial Survival Network

0:00
Speaker 1: You know this whole global thing is is this powder
0:02
Speaker 1: keg right now? That could cause a significant challenge here
0:06
Speaker 1: in the futures.
0:07
Speaker 2: There's just so many different pieces of unrest. Right now,
0:10
Speaker 2: you are.
0:10
Speaker 3: Listening to Carrie Letz's Financial Survival Network, where you get
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Speaker 3: in today's trying times. You need the Financial Survival Network
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Speaker 3: and get your free newsletter and gift. Financial Survival Network
0:32
Speaker 3: now more than.
0:33
Speaker 4: Ever, And welcome.
0:38
Speaker 5: This is Financial Survival Network. I'm your host, Carrie Letz.
0:42
Speaker 5: And well, what can you say about the past week
0:45
Speaker 5: in precious metals? New highs for gold, new highs for silver,
0:50
Speaker 5: what's going on with the bond market, central banks, minors
0:55
Speaker 5: where you're supposed to go, what's happening with the debt.
0:58
Speaker 5: David Strazzuski is with us now, David, it's great to
1:02
Speaker 5: have you back on. So we're in the midst of
1:06
Speaker 5: a precious metals melt up, so it would appear certainly
1:11
Speaker 5: a bull market. We've been waiting for this, I mean,
1:15
Speaker 5: gold's been been basically taking the lead. Now we've got
1:20
Speaker 5: forty plus dollars forty one dollars silver and silver will
1:24
Speaker 5: presumably take the handoff from gold.
1:27
Speaker 4: So what is your thinking on all this?
1:30
Speaker 2: Well, great to be with you, Carrie.
1:31
Speaker 1: You know a couple of things that just kind of
1:33
Speaker 1: occur right now is that if you actually look at
1:36
Speaker 1: the S and P five hundred versus just gold in general,
1:39
Speaker 1: you know, you'll see that gold, even tho over the
1:40
Speaker 1: last couple of years, has outperformed so significantly. It's up
1:44
Speaker 1: about one hundred percent in the last twelve This is
1:47
Speaker 1: a very important thing to be recognizing right now. Why
1:51
Speaker 1: because it's priced in US dollars, and so if it
1:54
Speaker 1: takes more individual US dollars to buy the same one
1:58
Speaker 1: ounce of gold or silver, and ultimately what that means
2:01
Speaker 1: is that there's actually real inflation that's taking place right
2:04
Speaker 1: now in our fiat currency. And that's really important to understand.
2:08
Speaker 1: Fiat of course, meaning that it's not backed up by
2:11
Speaker 1: anything specifically, just the good faith in the Treasury and
2:14
Speaker 1: the Federal Reserve. And so what we're watching right now
2:18
Speaker 1: is a rotation away from specifically the United States treasuries. Now,
2:24
Speaker 1: if we'll remember here, Moody's was the third rating agency
2:29
Speaker 1: that just recently downgraded the United States from triple A
2:32
Speaker 1: to double A. So it was, you know, in twenty
2:35
Speaker 1: elevens when it started. We had another one with Fitch
2:38
Speaker 1: last year in July, and then we recently had Moodies downgrade.
2:41
Speaker 1: So now the world is ultimately saying the United States treasury,
2:45
Speaker 1: specifically the ten year and long dated treasuries, are not
2:48
Speaker 1: the world's reserve standard any longer. There's something that could
2:51
Speaker 1: be better, and I believe that everyone is recognizing that
2:54
Speaker 1: gold is that answer. And so if you look at
2:57
Speaker 1: what central banks have been doing for the last decade,
3:00
Speaker 1: they've been buying more gold and less treasuries, but very specifically,
3:03
Speaker 1: in the last three years they have been buying more
3:07
Speaker 1: than a thousand tons annually. So I think that we're
3:10
Speaker 1: just at the beginning of this commodity supercycle, and there's
3:13
Speaker 1: a lot of directions that we can kind of go
3:15
Speaker 1: in our time here today in discussing, you know, what
3:17
Speaker 1: is actually going on and where will we be here
3:20
Speaker 1: in the future.
3:21
Speaker 4: All right, so where will we be?
3:23
Speaker 5: Are we going to lose the dollar as the reserve
3:25
Speaker 5: standard the reserve currency?
3:28
Speaker 4: Is that happening?
3:28
Speaker 5: Now?
3:29
Speaker 4: What's your thoughts?
3:31
Speaker 1: You know, I don't believe that we're going to lose
3:32
Speaker 1: the dollars the world's reserve currency. Why because liquid markets
3:36
Speaker 1: all over the world would tell us that the dollar
3:39
Speaker 1: is going to be sticking around. There's not an alternative
3:41
Speaker 1: to it. What are you going to do the end?
3:42
Speaker 2: No way.
3:43
Speaker 1: So what we're looking at right now is just the
3:46
Speaker 1: entire system getting revalued. And we're and we're trying to understand,
3:51
Speaker 1: you know, what's actually important in the twenty first century
3:55
Speaker 1: right now. So you know, the way that I'm looking
3:57
Speaker 1: at this is just you know, followed the legislation and know,
4:01
Speaker 1: so since President Trump got in, we have a completely
4:04
Speaker 1: different world, completely different way that things are going to
4:07
Speaker 1: be patterned. And and so it's important for us to
4:10
Speaker 1: understand that, you know, of looking at even the commodities markets,
4:17
Speaker 1: there are more commodities that are that are expiring and
4:20
Speaker 1: then they're taking possession right now, they're getting tons of gold.
4:25
Speaker 2: What's going to happen with the US dollar?
4:26
Speaker 1: Well, I think that you're going to see the Stable
4:28
Speaker 1: Coin Act, the Genius Act that was recently passed, begin
4:32
Speaker 1: to develop into something greater. You know, when you look
4:34
Speaker 1: at states like Texas and Florida who were saying, hey,
4:37
Speaker 1: we're not going to do a central bank digital currency,
4:38
Speaker 1: which is what the Biden administration was saying that they
4:41
Speaker 1: were kind of moving into. They're saying, hey, we will
4:43
Speaker 1: do a gold backed, you know, blockchain based coin, and
4:47
Speaker 1: some of that got shut down, but it said certain
4:50
Speaker 1: things into motion. This Genius Act, though, made provision for
4:53
Speaker 1: gold to be considered a Tier one acid held by banks.
4:58
Speaker 1: And I believe that bitcoin can be a part of
4:59
Speaker 1: that silver, platinum, palladium, et cetera as above ground assets.
5:03
Speaker 1: And what's important to note about that is that you
5:06
Speaker 1: can create a completely different system. Now I will just
5:09
Speaker 1: share with you though I've seen some movies Oceans eleven, twelve,
5:13
Speaker 1: and thirteen, there's some creative ways to steal things. So
5:16
Speaker 1: if you steal out of that vault or a military
5:20
Speaker 1: complex shows up and destroys the system somehow, you're going
5:25
Speaker 1: to have your money system broken. So that's why I
5:27
Speaker 1: think that there is actually a third version that is
5:30
Speaker 1: going to kind of be the saving grace for our
5:32
Speaker 1: nation as we kind of look forward here into the future,
5:35
Speaker 1: and that is that we leave it in the ground
5:37
Speaker 1: exactly where God put it. The gold, silver, platinum palladium
5:40
Speaker 1: that's sitting in Yellowstone National Park. There's no reason to
5:43
Speaker 1: take it out of the ground. We've already decided this
5:45
Speaker 1: is a beautiful park, a place that we want to
5:47
Speaker 1: come and bring our family and our kids. And so
5:49
Speaker 1: what we can do is we can just tokenize those
5:51
Speaker 1: assets in ground and add that to the strategic wealth
5:54
Speaker 1: Reserve our nation. At least, this is what I'm trying
5:57
Speaker 1: to pitch and position out here, because that third version
6:00
Speaker 1: of stable coin is completely safe, lower cost to keep
6:04
Speaker 1: in the ground, don't have to secure it with you know,
6:07
Speaker 1: guards and you know armed things. It's just safely there
6:10
Speaker 1: and we can actually know that it's there in the ground.
6:13
Speaker 1: So the forty three one oh one forums, et cetera
6:16
Speaker 1: give a lot of that information. So that's where I
6:18
Speaker 1: think money's going. But the US dollar will still remain
6:21
Speaker 1: the world reserve currency.
6:23
Speaker 5: Well, I kind of got a little different take than you.
6:26
Speaker 5: I think the strategic Bitcoin Reserve. I think the US
6:31
Speaker 5: government is holding way more Bitcoin than the couple hundred
6:34
Speaker 5: and fifty thousand coins that they say maybe they created it.
6:40
Speaker 5: And if what happens if bitcoin goes up to say,
6:47
Speaker 5: I don't know, let's say it goes up to fifty
6:49
Speaker 5: million dollars a coin, which isn't that much higher than
6:53
Speaker 5: it is. Now, what are we talking about? Five hundred
6:56
Speaker 5: times more? The US government is the largest holder of bitcoin,
7:02
Speaker 5: and they use that to either issue a stable coin
7:06
Speaker 5: backed by bitcoin and then use that to pay down
7:09
Speaker 5: the debt. Say, guys, you can have zero interest, or
7:13
Speaker 5: you can have these stable coins and go do what
7:15
Speaker 5: you want with them, or they just hand out the bitcoin,
7:19
Speaker 5: pay off the debt and then take the balance and
7:22
Speaker 5: recapitalize the Social Security system and a couple of others.
7:27
Speaker 4: And then walk away.
7:28
Speaker 5: I mean, I see that as the saving grace here,
7:32
Speaker 5: and it's easier than gold. They we're just not going
7:36
Speaker 5: back on a gold standard. Yeah, it's just right.
7:39
Speaker 2: So here's a couple of things to note. So I
7:42
Speaker 2: like where your head's at with this one.
7:44
Speaker 1: The thing that I really recognize is that if you're
7:46
Speaker 1: an evil dictator or somebody that needs to flee their nation,
7:50
Speaker 1: you're for sure a bitcoin person because you can't take
7:52
Speaker 1: that gold and silver with you, I mean fly it
7:54
Speaker 1: around or it's heavy, right, So you have the ability
7:57
Speaker 1: to just put it up in the cloud. So that's
8:00
Speaker 1: a lot of the volume that's that's been coming in
8:03
Speaker 1: right now. I believe that bitcoin is a real reserve.
8:06
Speaker 1: I believe that, you know, the only twenty one million
8:08
Speaker 1: coins out there, my guesses were probably able to you know,
8:12
Speaker 1: only really access sixteen million of those. In the end,
8:15
Speaker 1: you know, probably five million or more. You lose your
8:18
Speaker 1: le keys, you lose your crypto. So I think that
8:20
Speaker 1: it is a lot more valuable and rare than we
8:23
Speaker 1: recognize today. And no one is buying groceries with bitcoin.
8:26
Speaker 1: They keep that stuff. You spend your US dollars that
8:29
Speaker 1: you don't want to those are easy. You keep the bitcoin, right,
8:33
Speaker 1: So you know, the strategic wealth reserves are a brilliant idea.
8:36
Speaker 1: I actually have been doing this in medals for a
8:39
Speaker 1: number of years when just one day God kind of
8:41
Speaker 1: told me to become a bank, and I was like,
8:43
Speaker 1: what do you mean?
8:44
Speaker 2: And and so I.
8:45
Speaker 1: Started purchasing medals with the idea of being able to
8:48
Speaker 1: borrow against it, do mergers and acquisitions and quickly be
8:53
Speaker 1: able to turn that into cash. And so that's literally
8:56
Speaker 1: what I do as a part of my business practice
8:59
Speaker 1: on a day to day basis. As I use my
9:02
Speaker 1: silver specifically because of the ratio of gold to silver
9:05
Speaker 1: on that. But to finish the thought on this, the
9:08
Speaker 1: one thing about bitcoin is that it's not fast. It
9:11
Speaker 1: doesn't transact quickly, but it is a real reserve. I
9:13
Speaker 1: think that you're going to be doing like big deals
9:16
Speaker 1: and real estate transactions and things like that on the
9:20
Speaker 1: most notable you know, you know, things like bitcoin, and
9:25
Speaker 1: so I think you'll be able to stake it and
9:26
Speaker 1: people will be able to borrow against it and use
9:28
Speaker 1: it as sort of a proxy, and that might be
9:30
Speaker 1: a way to get a dividend off of bitcoin in
9:32
Speaker 1: the future for those that hold some. But yeah, the
9:36
Speaker 1: US government definitely has a lot of bitcoin. But what
9:38
Speaker 1: else do we have. Well, we've got a tremendous amount
9:40
Speaker 1: of reserves that are in the ground right now, and
9:42
Speaker 1: so we need these reserves in order to actually, you know,
9:46
Speaker 1: electrify the world as an example. So yeah, copper electrifies
9:49
Speaker 1: the world. But if we're talking about semiconductors, if we're
9:52
Speaker 1: talking about data centers, you need silver. You need silver
9:56
Speaker 1: so bad if you're going to even do military stuff.
9:59
Speaker 1: We've talked about this in the past. You said, like
10:01
Speaker 1: a tamahawk wardhead had like a couple hundred ounces of
10:04
Speaker 1: silver in it.
10:05
Speaker 2: That makes sense.
10:06
Speaker 1: Everything has silver in it, including all the gear that
10:09
Speaker 1: we're having conversations on right now. That's making sure that
10:11
Speaker 1: this is electronically going through. So if you want to
10:14
Speaker 1: electrify the future, you gotta have silver and add an
10:17
Speaker 1: eighty seven to one ratio to gold when the mining
10:20
Speaker 1: ratio is actually only seven and a half to one.
10:23
Speaker 2: This is such a gift.
10:25
Speaker 1: That's why I personally believe that even more so than bitcoin.
10:29
Speaker 1: This is a big statement for me to make. I
10:31
Speaker 1: believe that, even more so than bitcoin, silver is the
10:33
Speaker 1: most undervalued asset in the world right now. Because if
10:37
Speaker 1: bitcoin goes to a million, which it's designed to, Okay,
10:40
Speaker 1: that's taking one hundred thousand dollars today, and it'll ten x,
10:43
Speaker 1: it'll go to a million, okay. But for silver to
10:46
Speaker 1: just go to a ten x, that brings it to
10:48
Speaker 1: four hundred bucks. Okay, well man, it's never been at
10:50
Speaker 1: four hundred dollars for sure, But just understand the gold
10:53
Speaker 1: of silver ratio and the fact that gold is going
10:56
Speaker 1: to be going at least five thousand here in the
10:57
Speaker 1: short term, and then we're going to be seeing silver
11:00
Speaker 1: just rocket shipping past that, and I think that you're
11:02
Speaker 1: going to probably get down to more like a thirty
11:04
Speaker 1: to one ratio. That tends to be, you know, a
11:07
Speaker 1: decent place. But sixty to sixty five has been a
11:10
Speaker 1: historical average. We're at eighty seven right now. So all
11:12
Speaker 1: I'm saying is that there is a gift in silver
11:15
Speaker 1: today to purchase it, and then I'll allocate into gold
11:17
Speaker 1: in the future and other things. But right now I
11:20
Speaker 1: have one hundred percent silver.
11:22
Speaker 4: Hey, I couldn't agree with you more.
11:23
Speaker 5: I've I bought most of my silver at eight to
11:26
Speaker 5: ten dollars an ounce right after the Great financial collapse.
11:31
Speaker 5: I stocked up on it. You know, I never was
11:35
Speaker 5: negative on it. I've always been ahead. And I was
11:38
Speaker 5: buying junk silver, but real junk, like forty percent to
11:42
Speaker 5: silver Kennedy half dollars. And you know, at the time
11:47
Speaker 5: they were like two dollars a piece. Now they're like
11:50
Speaker 5: six or seven. And you know, I did nothing. And
11:54
Speaker 5: the good thing about when you have your money in
11:56
Speaker 5: a hard asset is when things get tough, it's not
12:00
Speaker 5: that easy to just get rid of your gold and silver.
12:03
Speaker 5: You can sell it, it's easy to do, but it's
12:06
Speaker 5: not like getting a cash advance, off off your master
12:10
Speaker 5: card or whatever. It requires labor, and then there's a
12:16
Speaker 5: built in resistance. I had a really close friend and
12:21
Speaker 5: when I was buying back in twenty ten, two thousand
12:25
Speaker 5: and nine, twenty ten, I got him.
12:27
Speaker 4: To buy it. He bought a lot more than me,
12:29
Speaker 4: and then his business went busted.
12:31
Speaker 5: He went through a divorce and I talked to him
12:33
Speaker 5: like five years later, and he said, you know, you
12:36
Speaker 5: saved me because because of you, I had that gold.
12:40
Speaker 5: I would have just blown the money had I not had,
12:44
Speaker 5: and I was able to pay off my lawyers, pay
12:46
Speaker 5: off my ex And that's the beauty. It's kind of
12:50
Speaker 5: a forced savings plan.
12:52
Speaker 4: I love silver.
12:53
Speaker 5: It just David, Like three months ago, I was buying
12:57
Speaker 5: it at underspot on eBay, Wow five to ten percent
13:02
Speaker 5: on your spot by buying forty percent uh Kennedy half dollars,
13:06
Speaker 5: and I even bought I even bought some ninety percent
13:10
Speaker 5: junk as we call it. I'll call it constitutional. I
13:14
Speaker 5: bought that for five percent below spot when it was
13:17
Speaker 5: thirty six dollars. And so anybody out there, if you're
13:21
Speaker 5: looking to buy silver at below spot, you can still
13:26
Speaker 5: do it. Limited times. Just shoot me an email kl
13:30
Speaker 5: at Carrie Letz ask for the free the buying silver
13:35
Speaker 5: below spot. Just say buy silver in the subject. I'll
13:39
Speaker 5: send you out a report tells you exactly how to
13:42
Speaker 5: do it, and insurers that you won't get ripped off.
13:45
Speaker 5: So silver is silver?
13:47
Speaker 4: Is it?
13:47
Speaker 5: I mean we know that for sure, and now even
13:51
Speaker 5: Saudi Arabia is buying silver. We had you putting shortly
13:57
Speaker 5: we'll be putting silver on the critical metals list. That's huge.
14:04
Speaker 5: It just shows the value of the shiny metal. You know,
14:07
Speaker 5: they don't make mirrors with silver anymore, but they do
14:10
Speaker 5: make solar panels as there. They're even the solar panel
14:15
Speaker 5: recycling things. So cryptos silver, Are we getting the great reset?
14:20
Speaker 4: Here? Is that? What are you trying to tell us, David?
14:23
Speaker 1: I do think that this is a reset in the
14:25
Speaker 1: monetary system. It's been coming for a long time, and
14:27
Speaker 1: I think that it got sped up through COVID and
14:30
Speaker 1: through the deficit spending that we did during that time frame.
14:34
Speaker 1: If you just even look at the M two money
14:36
Speaker 1: supply there as things were really kicking up, you know,
14:41
Speaker 1: we added five hundred and twelve percent to our M
14:45
Speaker 1: two within a matter of about a year. That is
14:48
Speaker 1: a significant deal. That's why we saw inflation happen. We
14:52
Speaker 1: just got this cash sloshing around the market right now,
14:56
Speaker 1: and so anyway, some of that's burning off, and I
14:59
Speaker 1: think liquidity is get being a lot tighter, and I
15:01
Speaker 1: think that the average consumer is not doing as well,
15:03
Speaker 1: and so, you know more, even to your point, we
15:06
Speaker 1: need to look at, you know, what is actually valuable
15:09
Speaker 1: here in the future. And so I personally think that,
15:11
Speaker 1: you know, you want to harden up your balance sheet
15:13
Speaker 1: and so and just like you've just shared here, you know,
15:17
Speaker 1: the constitutional pre nineteen sixty five quarters and dimes is
15:21
Speaker 1: literally what I own the vast majority of at this
15:23
Speaker 1: point in time, because it tends to trend up about
15:26
Speaker 1: fifteen to twenty percent higher than just spot when when
15:29
Speaker 1: silver goes through a run. And so that's something that
15:32
Speaker 1: I've done because then I will sell and then ultimately
15:36
Speaker 1: have far more ounces in the future because of that
15:40
Speaker 1: that difference there. But I actually like to own mine
15:44
Speaker 1: at the Delaware Depository. And here's the difference between old
15:47
Speaker 1: owning it physically in person and having it physically at
15:50
Speaker 1: a depository that's a Commas level safe place. One I
15:54
Speaker 1: don't have the counterparty risk of you know, my house
15:59
Speaker 1: burns down and or someone.
16:01
Speaker 2: Steals or whatever. And it's right, yeah, exactly. So here's
16:07
Speaker 2: the point.
16:08
Speaker 1: I keep it someplace that's super safe, and ultimately I
16:11
Speaker 1: can call them and i can get a wire in
16:13
Speaker 1: the same day and I'm paying prime plus one and
16:16
Speaker 1: it's an interest only loan, just like a home equity
16:18
Speaker 1: line of credit. And so that for me is a
16:20
Speaker 1: phenomenal opportunity and way to do it. Then let me
16:23
Speaker 1: just note something really quick. My silver portfolio or my
16:26
Speaker 1: asset is up about thirty percent this year, but my
16:29
Speaker 1: actual miners portfolio, where my four oh one K is,
16:32
Speaker 1: that is specifically up over sixty percent this year. And
16:36
Speaker 1: so if you want to know the best way to
16:37
Speaker 1: make money, honestly, I think it's probably in the in
16:43
Speaker 1: the market here with the miners. You know, whether you're
16:45
Speaker 1: using the majors or the juniors, there's tremendous opportunity. If
16:49
Speaker 1: you're going to start a new silver mineor gold mine,
16:52
Speaker 1: it takes fifteen eighteen years. So if you've got a
16:55
Speaker 1: junior out there that's got something going on, and you're
16:57
Speaker 1: a major player, and you can step in because you
17:00
Speaker 1: now have capital markets that will work with you. Man,
17:02
Speaker 1: what an opportunity. So I think that you're going to
17:05
Speaker 1: see probably you know, the metal miners lead for the
17:09
Speaker 1: next three years, five years, maybe even ten years because
17:13
Speaker 1: of their profitability. They can essentially get gold out of
17:16
Speaker 1: the ground for about two thousand They can profit about
17:19
Speaker 1: two thousand dollars right now, and they're about double what
17:23
Speaker 1: their expenses are for silver today. And so these are
17:26
Speaker 1: going to be some of the most profitable companies in
17:28
Speaker 1: the world going forward if they just continue on with
17:32
Speaker 1: what is the normal trend right now. But if the
17:33
Speaker 1: price goes up, which it's going to, their numbers get
17:36
Speaker 1: even better yet. And so that's why i'm personally very
17:39
Speaker 1: very very bullish on metal miners US based, North American based.
17:44
Speaker 1: The majority of silver, by the way, is mined out
17:46
Speaker 1: of Mexico, and so I think that that's a strategic
17:49
Speaker 1: thing that the administration is even looking at with cartels
17:52
Speaker 1: and other stuff like that. You can't have that disrupted
17:54
Speaker 1: right now. These medals are crucial. They're critical for infrastructure,
18:00
Speaker 1: for our advancement, they're critical for AI, they're critical for
18:03
Speaker 1: the future, and we can't not have these specific precious
18:06
Speaker 1: metals available.
18:07
Speaker 4: Hey, couldn't agree with you more.
18:09
Speaker 5: Hey, what's your take on the attack in Venezuela.
18:16
Speaker 2: I'm sorry, I didn't even catch the attack in Venezuela.
18:19
Speaker 2: Oh there was the drugs.
18:21
Speaker 5: Yeah, the US interdicted a drug laden ship off the
18:25
Speaker 5: coast Venezuela and blew it up, basically, And that's an escalation.
18:32
Speaker 5: No wonder gold and silver are going higher if our
18:35
Speaker 5: own hemisphere is seeing this kind of thing, right, how
18:39
Speaker 5: does this happen?
18:40
Speaker 1: Well, the cartels have been running things for like the
18:43
Speaker 1: last five six years, and they have become extremely profitable
18:48
Speaker 1: when we have an open border, when you've got fentanyl
18:50
Speaker 1: pouring over, when you got all this stuff, you got
18:53
Speaker 1: people that you're trafficking in, you got people that you're
18:55
Speaker 1: muling in. These are some of the most profitable organizations
18:59
Speaker 1: in the world. And I think the administration recognizes that
19:02
Speaker 1: and the challenge that that represents. And so you know, strategically,
19:07
Speaker 1: that is our neighbor to the south, and we need
19:10
Speaker 1: to have good trade relations, we need to have a
19:12
Speaker 1: good working environment. I just even saw, you know, like
19:14
Speaker 1: a week ago. I forget our ambassador's name, who was
19:18
Speaker 1: visiting in Mexico there, but there was like a fight
19:20
Speaker 1: that broke out on camera.
19:21
Speaker 4: I saw that, Yeah, on the floor. That was crazy.
19:24
Speaker 2: That was crazy. You know, who knows what's happening right now.
19:28
Speaker 1: I've been saying it though for a little bit that
19:30
Speaker 1: I think that we'll be literally at war with the
19:33
Speaker 1: cartels by the end of twenty twenty five, and so
19:36
Speaker 1: that we're about right there right now. I feel that
19:38
Speaker 1: there's some beer groups and battleships moving into that area,
19:41
Speaker 1: and so you might see, you know, some of that
19:44
Speaker 1: cleaned up here and then hopefully, you know, there can
19:48
Speaker 1: be the right law and order and relationships and everything else.
19:52
Speaker 1: But you know, this whole global thing is is this
19:55
Speaker 1: powder keg right now? That could cause a significant challenge
19:59
Speaker 1: here in the futures. There's just so many different pieces
20:01
Speaker 1: of unrest right now.
20:03
Speaker 5: Yeah, it's so true instability and changing world landscape. We're
20:10
Speaker 5: still working on reclaiming the Panama Canal. That hasn't happened yet.
20:14
Speaker 5: One final thing off this copic a little bit, but
20:17
Speaker 5: the federal surge in the District of Columbia, what's your
20:22
Speaker 5: take on it?
20:23
Speaker 2: Unpacked that asking.
20:26
Speaker 5: Fed's going in and basically taking over the DC Police
20:32
Speaker 5: Department and the surge of federal law enforcement marching in
20:39
Speaker 5: there and restoring order to the capital.
20:42
Speaker 1: Well, it's interesting, the capitol police don't actually have an
20:46
Speaker 1: authority over the top of them. Therefore they're basically unregulated.
20:49
Speaker 1: This is a part of the reason why on January sixth,
20:51
Speaker 1: there was, you know, not the ability to even identify
20:54
Speaker 1: the officer's name who shot Ashley Babbitt. There's a lot
20:59
Speaker 1: of the deep state quote unquote if you will, that
21:03
Speaker 1: would be considered the unelected people that are in d
21:07
Speaker 1: C or have proximity to d C or power. And
21:10
Speaker 1: then also, you know, there's a lot of disruption that's
21:12
Speaker 1: been going on, uh with conversations about lobbyists and you know,
21:17
Speaker 1: and and and maybe even term limits. I think all
21:20
Speaker 1: these are important conversations. You know, as an American people,
21:23
Speaker 1: that's our job, as we the people, is to be
21:25
Speaker 1: able to say, hey, I don't like this idea, I
21:28
Speaker 1: do like that idea, and so help us to try
21:30
Speaker 1: to identify, uh, you know, how to move forward here
21:32
Speaker 1: in the best way in order to represent us.
21:35
Speaker 2: I feel like there is an opportunity right now in.
21:39
Speaker 1: This next election cycle to start talking about constitutional values
21:42
Speaker 1: again and start leading from the place of strength, start
21:45
Speaker 1: leading from the place that makes America different and better
21:48
Speaker 1: and greater and and so that's going to come with,
21:52
Speaker 1: you know, having law and order and and and and
21:54
Speaker 1: not the opposite. That's going to come with, you know,
21:57
Speaker 1: not specifically, you know, targeting your adversaries, but everyone should
22:00
Speaker 1: be treated equally under the law. You know, just because
22:03
Speaker 1: someone is a different opinion than you. That we were
22:05
Speaker 1: founded on the principle.
22:06
Speaker 2: That we should be able to bad ideas and then
22:09
Speaker 2: it comes to a vote, and then ultimately the people decide,
22:12
Speaker 2: and you know, the free and fair election ideas is
22:15
Speaker 2: something that is you know, not necessarily.
22:19
Speaker 4: I don't know.
22:19
Speaker 1: You still send men and women to die for this nation.
22:21
Speaker 1: And there's at least some questions on how some of
22:24
Speaker 1: this stuff has gone. And so I think that that
22:28
Speaker 1: that you're going to need to see change at that
22:31
Speaker 1: higher level in order for it to trickle down to
22:35
Speaker 1: main street. But I just want to remind everyday families this,
22:38
Speaker 1: just because you got something going on in DC, you
22:42
Speaker 1: need to do things in your local community. We need
22:45
Speaker 1: to be really particular right now about you know, the
22:49
Speaker 1: jurisdictions that are ours. Just because someone gets into the
22:52
Speaker 1: white House, or we get new administrations in different ways,
22:55
Speaker 1: doesn't necessarily mean that the world just changes in the
22:58
Speaker 1: best way. We've got to fight for some of the
23:00
Speaker 1: right things here, and so this is where it's important
23:02
Speaker 1: for people to have a voice, to have the ability
23:05
Speaker 1: to stand up, to be able to communicate what your
23:07
Speaker 1: positions are, and ultimately my hope is is that we
23:11
Speaker 1: become a better America. We become that resilient nation that
23:16
Speaker 1: has led, innovated, gone through wars, and ultimately people come
23:21
Speaker 1: together because we are the United States of America, not
23:25
Speaker 1: the divided States of America, although maybe the latter is
23:28
Speaker 1: what we kind of feel like a little bit more
23:29
Speaker 1: so today.
23:31
Speaker 5: We really do have the power here, but that's the
23:34
Speaker 5: whole system that's designed. They don't really care a left
23:37
Speaker 5: right center. It's just divide and conquer, and they've done
23:41
Speaker 5: a wonderful job of it so far. I couldn't agree
23:44
Speaker 5: with you more about what you're talking about here with
23:47
Speaker 5: the way in which you know this is shaken out.
23:51
Speaker 5: And people's right to safety in their own homes and
23:53
Speaker 5: their own communities is a fundamental right. That is the
23:58
Speaker 5: biggest responsibility of government, particularly the president, to protect us
24:04
Speaker 5: from enemies within and without, and we certainly don't need
24:08
Speaker 5: to be bringing in any more enemies from without. We
24:11
Speaker 5: got enough of them during the last administration. And now
24:16
Speaker 5: it's clean up in Aisle seven, and Trump is bringing
24:20
Speaker 5: them ups right.
24:21
Speaker 4: Yeah.
24:21
Speaker 2: Absolutely.
24:22
Speaker 1: And you know a lot of the people are out
24:23
Speaker 1: there like, oh, he's just apporting everybody.
24:26
Speaker 2: Actually, there's a lot of.
24:27
Speaker 1: People that have come in that have been kind of
24:29
Speaker 1: bad guys or have have have histories or places that
24:32
Speaker 1: we suspect that they trained on that stuff in Afghanistan
24:36
Speaker 1: that we left behind when Biden pulled out, and their
24:38
Speaker 1: military age men, most of them, and many of these
24:42
Speaker 1: and so you've got to go and break those things up.
24:45
Speaker 1: You've got to go in and take out the bad,
24:47
Speaker 1: the worst of the worst, bad guys for sure. You know,
24:50
Speaker 1: you've got to allow the immune system of the body
24:52
Speaker 1: to be able to call balls and strikes, and then
24:55
Speaker 1: the T cells to be able to come in and force.
24:57
Speaker 1: And you know, this is this is just a very
25:00
Speaker 1: interesting moment that we find ourselves in. I just believe
25:02
Speaker 1: that that right now, real leadership can step in, real
25:05
Speaker 1: conversations can step in, and well, then my hope is
25:08
Speaker 1: that real leadership and real conversations can come in and
25:11
Speaker 1: that we can ultimately be more united as supposed to
25:14
Speaker 1: divided because we can see each other as brothers and
25:17
Speaker 1: sisters once again. We can see ourselves as we the
25:19
Speaker 1: people and not just red or blue or something in between.
25:22
Speaker 1: But unfortunately we've become so politically divisive, and that's where
25:26
Speaker 1: they want us. They want us to say that politics.
25:29
Speaker 4: They want us hate each other.
25:31
Speaker 5: Hey, So just one final thing is that having a
25:36
Speaker 5: crime ridden community it's a political decision.
25:40
Speaker 4: That's what this is proving.
25:42
Speaker 5: And having a safe community just requires political will and
25:47
Speaker 5: the desire to act. We saw it with Juliani. He
25:51
Speaker 5: wrote the blueprint for what's happening now in DC, the
25:56
Speaker 5: Broken Windows theory, all of that. Thank you, Rudy Juliani.
26:00
Speaker 5: Pray that you're okay. Got into a bad car accident
26:03
Speaker 5: the other day, seriously injured spinal injury. Pray that he's okay. David,
26:08
Speaker 5: Just tell us where do we find you? How do
26:10
Speaker 5: we connect with you on the web?
26:11
Speaker 1: Well, most people know me as a financial advisor. My
26:14
Speaker 1: company is called Sound Planning Group myspg dot com.
26:16
Speaker 2: Pretty awesome.
26:17
Speaker 1: We just got named one of the fastest growing companies
26:19
Speaker 1: again in America according to Ink magazine, top five thousand
26:22
Speaker 1: in the top five hundred workplaces. So be successful, that's awesome.
26:26
Speaker 1: Be good people probably more important. But ww dot MYSPG
26:30
Speaker 1: dot com. We've got people that.
26:31
Speaker 2: Call in all the time.
26:33
Speaker 1: They check us out, check out the Google reviews, all
26:35
Speaker 1: the wonderful things that are going on, and they want
26:37
Speaker 1: to learn more. I've got classes that are happening here
26:40
Speaker 1: throughout the year. We're teaching about medicare taking about SoC
26:43
Speaker 1: security and taxes. By the way, the Tax Cuts and
26:46
Speaker 1: Jobs Act two point zero happened this year, and it's
26:48
Speaker 1: created the single greatest opportunity in any of our adult
26:51
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26:55
Speaker 1: So we're teaching people how to coordinate their distribution strategy
26:59
Speaker 1: through diversification, not just asset diversification, which is really what
27:03
Speaker 1: we've been talking about here today. Adding asset diversification and
27:06
Speaker 1: better strategies, really important tax diversification. It's going to help
27:10
Speaker 1: you to keep more, forfeit less and ultimately, you know,
27:15
Speaker 1: enjoy the retirement that we believe that you deserve. So
27:18
Speaker 1: that's a little bit about us, and so much more
27:21
Speaker 1: on the site and if folks want to reach out.
27:24
Speaker 5: All right, and the links in the show notes to
27:26
Speaker 5: this interview Financial Survival Network dot com. We're now just
27:31
Speaker 5: gone strictly to substack. I'm no longer paying for the
27:34
Speaker 5: overhead of maintaining a website. That websites are kind of
27:38
Speaker 5: yesterday's technology. They've been around almost thirty years. Now enough
27:44
Speaker 5: is enough, and substack it's a beautiful thing manages your
27:49
Speaker 5: mailing list. I feel like I'm doing an ad for them.
27:52
Speaker 5: But in any event, just over to Financial Survival Network
27:55
Speaker 5: dot com points.
27:56
Speaker 4: Over to our substack. David.
27:58
Speaker 5: Always a pleasure. We'll definitely talk to you again soon.
28:01
Speaker 4: Be well.
28:02
Speaker 3: Hey, appreciate you, Gerry, thank you, thanks for listening to
28:04
Speaker 3: Carrie Letz's Financial Survival Network. Your solution to today's trying times.
28:10
Speaker 3: For the latest, go to Financial Survivalnetwork dot com. Financial
28:15
Speaker 3: Survival Network now more than ever,