Latest / The Big Mig Show / Global Finance Forum From Bullion To Borders We Cover It All |EP494

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Global Finance Forum From Bullion To Borders We Cover It All |EP494 · The Big Mig Show

0:26
The. The welcome back to the Big meek
1:00
show global finance forum, of course powered by Genesis gold
1:03
group with your hosts Jonathan Rose, Lance Miliaccio and George
1:06
Ballentine. From bullion to borders, you
1:09
know we're your go to source for cutting edge insights into the
1:11
world of finance and of course, Genesis Gold group believes in
1:15
empowering faith driven stewardership where gold and
1:17
silver are an integral part of a balanced portfolio.
1:20
Protecting your finances with precious metals has never been
1:23
more crucial. Join us as we explore the forces
1:26
shaping global markets, the power of precious metals, and
1:29
dynamics and influence economies across borders.
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George Ballantine, my brother from another mother.
1:35
Great to see you back in the saddle.
1:36
We have been rolling, rocking and rolling non-stop it feels
1:41
like, huh? Crazy stuff.
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Friday's went from like relax to like, it's getting a little
1:46
crazy right now. Yeah, all hands on deck.
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And of course, Jonathan Rose, CEO of Genesis Gold Group, I
1:52
think the CEO. Of Jimmy Gold Bar for all this
1:55
work. Yeah, exactly.
1:57
Gotta keep working for that gold bar.
1:58
But as the prices continue to push up, I don't know that might
2:01
we might be getting slimmer chances.
2:02
We need a big dip. We need some of that $62.00 an
2:05
ounce gold that's in Fort Knox. So that's what we're looking
2:08
for. I don't the reval hasn't
2:10
happened yet did. You hear this?
2:11
He I didn't. I never knew this.
2:12
He told me about this today. How is that possible that they
2:16
value an ounce at $62.00? Well, I just goes to show you
2:20
how behind the Treasury is. The US government is in
2:25
understanding, you know, what they've got on their balance
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sheet. The number one asset that's
2:30
holding the US Treasury hasn't been reassessed or valued since
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the pre 1970s. So one ounce of gold, according
2:37
to the US Treasury is like $42.20.
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When you look at the price of gold, it's over $2900.
2:43
So yeah, whatever discrepancy we're noticing.
2:46
So me and Lance came up with a thing.
2:48
I don't know if you want in on it.
2:50
We're going to go to them. We're going to, since they only
2:52
value it at 60 something dollars, we're going to give
2:54
them $100 for each oz and take everything you want.
2:56
You want in on this. Man, I mean.
2:59
You in Lake Flynn? OK, cool.
3:01
Yeah, you know, hopefully all the gold's there.
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That's the big concern. So Jonathan Rose, of course, CEO
3:06
of Genesis Gold Group and the new company block trustira.com.
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I'm excited that you're here, man.
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There's lots going on, am I right?
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I mean, this is crazy with between the the crypto summit
3:18
and, you know, the announcements and inflation, we got a lot to
3:21
cover today. But thanks for joining us.
3:23
I know you guys have been slammed.
3:24
Congratulations on the success and and and clearly justified a
3:28
Black Trust IRA. Yeah, we're super excited about
3:33
it. It's something I really, really
3:35
believe in, especially since I've been in the crypto space
3:39
for some time. It's nothing I've ever been
3:41
super vocal about. I got involved in crypto
3:43
currencies in 2015, made some money with it.
3:47
I was very fortunate. Wasn't something I pressed super
3:50
hard on for Throttle because it was something that didn't have
3:54
mass adoption. And for me personally, I like
3:57
assets with track records, at least a five year track record,
4:00
a little bit of a history. And obviously under the Trump
4:05
administration, we know what President Trump's is doing.
4:08
He's making the US the the crypto capital of the world.
4:13
And America's going to be the leading force.
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And if you haven't done so already, now's the time to
4:17
understand why having crypto is a very crucial part of your
4:22
portfolio because I believe we're witnessing one of the
4:25
biggest wealth transfers that's currently happening.
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And if you don't invest in crypto, you're gonna be left
4:31
behind. And I wholeheartedly believe
4:34
this. And This is why we created Block
4:36
Trust IRA number one, so people have the ability to invest
4:41
safely and securely into cryptocurrencies even through
4:45
their IRA. And this could also be done if
4:47
you don't have an IRA and open to people globally.
4:51
And the second item that I'm probably is kind of creating the
4:55
most noise in the industry is that we're first to market with
4:59
Animus Technologies, which is our partnership with the company
5:03
that was awarded the number one Bitcoin trading strategy
5:08
globally with over 2000 entries. They won first place hedge funds
5:13
use it. I was able to bring this to the
5:15
retail market. And basically what Animus
5:17
Strategies allows people to do is invest in assets like Bitcoin
5:22
and Ethereum inside the IRA. But now this AI tech identifies
5:28
millions of data points, spits out these signals and
5:32
dramatically takes people out at the top into a cash position
5:37
whilst there's a downturn in the market and buys them back in.
5:40
And in fact, this is very evident on a case study that
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just happened last week when there was a big hack on an
5:45
exchange. I was sleeping my strategy
5:49
through Animus and block trust IRA sold my position at 99,000
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for Bitcoin and it's waiting to buy back in as we speak.
5:57
So there's lots of opportunity in the crypto space.
6:00
But one thing I've learned in crypto Lance and George is that
6:03
crypto does not sleep. It's a moving market, right?
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There's not an opening bell, a closing bell.
6:09
So you have to watch this 24/7 and your financial advisor isn't
6:13
going to do this, but you know who will is award-winning AI
6:17
tech. And we've brought this to the
6:18
passes and I'm super excited about it.
6:21
It's it's a big win for everyone and it just keeps making more
6:25
and more positive noise as the weeks roll on.
6:29
You know, I think it's important for people to recognize the
6:31
opportunity. This is generational wealth.
6:33
But before we dig all the way in, of course, I want to give a
6:36
shout out for the 62.2g prepper bar.
6:39
You guys know this we, we've been telling you about gold and
6:41
silver on the show. We do it regularly.
6:43
These babies are perforated and, and easily broken down into
6:46
three different denominations. And you want to have control,
6:49
right? The digital dollars coming and
6:50
with it, the government gains total control over your money.
6:53
You know, I know this is the Trump administration.
6:55
I'm not talking conspiracy theory, but just like Jonathan
6:57
mentioned that hack, a lot of people suffered the consequences
7:01
of that. And in case you can't get to
7:03
your U.S. dollars or you can't get to your digital dollars or
7:07
your credit cards, you just. Break me off a piece of that
7:09
prepper bar. Exactly, you get an opportunity
7:12
to use this and this is genius. These guys came up with it
7:14
because of course, A1 oz coin. What are you going to do?
7:16
You're going to be like the Romans.
7:17
You're going to chop a piece off.
7:19
No, with these guys, you can just break off a piece and make
7:21
payments. If you needed something, if you
7:22
get in a bad situation, you know better to have it and not need
7:25
it and need to not have it. And of course, had you bought
7:28
these a year ago when we started with Genesis Gold Group, you
7:31
would already be way up. Now remember, nothing on this
7:33
show is financial advice. But my point is, we want to
7:36
educate you and we're telling you right now, Genesis Gold
7:40
Group, if you call them them and you head over to the big
7:42
bigbar.com, they would tell you that the weight, they would tell
7:44
you 70% silver, 30% gold. And that's the first time in
7:48
history the Genesis Gold Group is, you know, overweighting
7:51
silver as compared to gold. You just want to think about the
7:54
hacking. You don't want to be frozen,
7:55
wiped out of monitor control and the government's solution for
7:57
that, more control. These prepper bars are
8:00
definitely your escape. They're real, tangible forms of
8:02
wealth that you get to hold in your hand.
8:03
Mined and minted in the US. So no counterfeit, no fraud.
8:07
Lots of that coming out of China.
8:09
So don't underestimate that. You got to be careful.
8:11
You can't go over to eBay and buy stuff.
8:13
You got to buy from a reputable source.
8:14
We teamed up with Genesis Gold because they're reputable,
8:18
they're faith driven. These guys are the real deal.
8:20
You, I can tell you this, the plan for the Big Meek is to go
8:23
the distance with these guys right now.
8:25
All caps prepper. PREPPER get you 10% off on the
8:29
silver and 5% off on the gold. And that's a very exclusive
8:33
offer. So the Big Meek bar.com, head
8:35
over there. All right, look on, use that QR
8:37
code. George will actually nag me if I
8:39
don't say that. He makes it easy.
8:41
Take a snapshot, head over there after the show, pick up a few of
8:45
these babies. Look, you don't have to buy the
8:47
gold ones. You can't do the gold.
8:48
Get a bunch of the silver ones. Load up, stack it up.
8:51
Do like George and I do. We're always stacking gold and
8:53
silver. It's part of the plan.
8:55
All right, I got to say this. First of all, I want to thank
8:57
everybody. On the last round of the Global
8:59
Finance Forum, 248,000 viewers tuned in.
9:04
That's a big deal. We appreciate you came to the
9:06
show. We appreciate the support.
9:08
We wouldn't have this show if it wasn't without you.
9:10
And I want to thank Rumble and locals for everything they do
9:13
for us over there. You know, we stream elsewhere,
9:15
but this is our home base. These guys are family for us.
9:18
We're not going anywhere. You know, we just moved the big,
9:20
big show into the Dan Bongino slot. 11:00 AM.
9:23
That's a big opportunity. Dan, of course, is going over to
9:26
serve the country. I don't blame him.
9:27
If George and I had that opportunity, we have to put our
9:30
show on hold. The point is this, these are
9:33
great opportunities. You know, the big, big show, you
9:35
know, the global finance form and don't forget now.
9:37
So global finance form may be new, moving to a new time slot
9:41
maybe an hour later than what we do it now on Friday.
9:44
So we'll let you know where that's going to happen there.
9:47
And then the Crypto Power Hour, 3:00 PM on Wednesdays, 3:00 PM
9:52
on Fridays. Now that show got 90,000 views
9:55
on the maiden voyage. Great show.
9:58
If you want to learn about crypto, you want to get
10:00
educated, we're going to have top interviews.
10:01
And our team right now, one of our hosts, Antonio Moss and Kirk
10:05
Saint Johns, the CEO, they're heading to the Crypto Summit in
10:07
DC. They're on a plane right now, so
10:10
you're going to get some incredible interviews that are
10:12
lining up and new strategic partnerships.
10:14
We'll keep you focused on that. We better dig in, guys, because
10:17
we got a lot to do today, George.
10:18
I mean, this first story comes right out of the gate, and I
10:22
hate it in my own way. Inflation surging.
10:26
Yeah, but it is what it is. Listen, US consumers are listen,
10:30
they're believed that inflation will rise.
10:32
Jonathan, this might hurt 6% over the next 12 months.
10:36
That'd be the highest since May of 2023.
10:40
You know, listen, the tariffs war, as they say, I don't
10:45
believe it's a war. Could it be affecting this?
10:47
But actually Trump just made straighten out some of the
10:50
tariffs with Mexico abiding by the agreement they have.
10:54
But listen, the annual rate of 3.5% over the next 5-10 years is
11:02
a 30 year high. That's what the Americans
11:05
believe the prices will rise to. So, you know, Trump's only been
11:09
in office two months, but it's going to take time to fix the
11:12
economy. But I can tell you what's what's
11:15
still rising and still going to keep your money.
11:17
I'm going to put a chart up. But gold right now is training
11:21
at 2900, silver's at 32.59. You don't see them going lower
11:28
now, do you? Nope.
11:30
That's why Jonathan says you got to invest in gold and silver,
11:33
precious metals. Joseph, what do you think about
11:36
these inflation numbers? What's your input?
11:38
Is it, do you think it's as bad as what they're saying?
11:40
Of course, people are freaking out about the eggs.
11:42
Now. I found an interesting thing
11:43
before you jump in. I found out that during the
11:47
Biden administration, they culled 160 million chickens or
11:55
justification over Avion flu. That was not true.
11:58
A lot of the people, the small operations were put out of
12:01
business. And that seems to be what's
12:03
impacting the egg prices. But what do you think?
12:06
Do you think these inflation numbers are going to come in as
12:08
bad as they're saying? Oh yeah, absolutely.
12:11
These, these numbers are not good and the market's not going
12:14
to like it. The market is not going to like
12:16
this at all. We've seen some extreme
12:19
volatility already and the problem with the market going
12:22
down. Look, President Trump, you know,
12:26
he outlined this, it wasn't like a State of the Union address,
12:29
but he was addressing the nation, right?
12:30
And and he told a short to midterm pain, long term gain and
12:35
inflation is definitely on the table.
12:37
It's on the cards. The market doesn't like it.
12:39
And unfortunately, when the market reacts like this, the
12:43
real losers are the retail investors like you and I,
12:47
because if you have Iras and four O 1 KS tied to the market,
12:50
we're the ones that are taking the financial brunt of all of
12:53
this. And it's people who the boomers,
12:56
people who are retiring or who want to retire, they may need to
12:59
have to work longer. And when we look at these
13:02
inflationary pressures from trade wars, let's call it for
13:06
exactly what it is, is his trade was, you know, there's a
13:09
gentleman called Jim Rickards. So has he ever been on your show
13:12
before? Jim Rickards, former adviser to
13:14
the CIA and Pentagon, wrote a book about trade wars super way
13:20
ahead of its time. I mean, this was stuff about how
13:22
to destroy a a country without putting any troops on the
13:26
ground. Currency wars, right?
13:28
And, and exactly, you know, it kind of dives into like trade
13:32
wars, what we're witnessing. But when you look at some of
13:34
these trade wars and you look at, you know, a trade war
13:38
against Canada or even Mexico, for them, it's a lose, lose
13:42
battle. They have to come to the table
13:44
because the, the gross GDP of, of, of both of those companies
13:49
combined, it's like 2 point something percent for America
13:53
versus for them. Imports from America go to
13:56
Canada and, and Mexico, it combines for like, you know,
13:59
nearly 30%. So there's a big discrepancy
14:02
going there. We don't need Canadian cars.
14:04
We don't need Canadian lumber. We have our own forests, right?
14:07
So they have to come to the table and, and, and pay and,
14:11
and, and really have a reality check to what's going on in the
14:16
world right now. We're trying to bring back jobs.
14:19
We're trying to boost the economy back with the trickle
14:21
down process here. It's not a radical idea.
14:27
You know, people look at it as right.
14:28
It's it's the right idea. It's, you know, Trump is trying
14:31
to make America great again. And he will.
14:33
It's just going to it's like a big cruise ship.
14:35
As I say, it's going to take a long time to turn.
14:38
And I tell you something else, Silver, I'm not sure if you guys
14:41
know this, but do you know how much silver is imported into the
14:45
US and, and where our silver comes from?
14:48
You guys have any idea? It's actually Mexico.
14:52
We actually, yeah, the the silver market attributes to
14:56
American silver. About 50% of silver is mined in
15:01
Mexico and brought over here. So the word on the street right
15:04
now is these tariffs are going to go into effect.
15:07
What do you think is going to become more expensive?
15:09
Silver right through the roof? Yeah.
15:12
So, so this has been a big argument right now why people
15:16
should be buying, you know, silver and and buying a lot of
15:19
it. I'm not sure if you know Eric
15:20
Sprott, Sprott Asset Management, Eric Sprott.
15:24
I mean, maybe for me, because I've been in the industry for
15:26
years, but Eric Sprott is a financial guru when it comes to
15:30
commodities. He's kind of like the Warren
15:33
Buffett of commodities, right? And he's very conservative.
15:37
You're never gonna get kind of anything too outlandish out of
15:41
Eric Sprott, but he was on an interview just yesterday.
15:46
And this is found on Kitco where he's saying, look, the way I see
15:50
it, silver could be at 2 to $500.00 an ounce.
15:53
And I knew you fell off my chair because when I say, you know, 50
15:56
to $75.00, that's me being conservative.
15:59
I can see silver going to 100. But what you're hearing one of
16:02
the top fund managers with billions of dollars under
16:05
management, and they're now saying 200 to $500.00 an ounce
16:10
for silver. You factoring everything that's
16:12
happening worldwide? Oh yeah.
16:14
It's a couple more. Yeah, happy to send you Silver,
16:18
George. You know, here's the thing.
16:22
That's a, that's a big, that's a big, big number.
16:24
You're talking about $32 an ounce right now.
16:27
That's before fees. That's the, that's the bullion
16:29
price you probably have to give. If you go to a broker, you
16:31
probably have to give 3435 or however that number would be.
16:34
But you talk about the potential to get anywhere from 5:00 to
16:38
10:00 to, well, that's like 18 times your money.
16:41
That is one incredible return. And I think the safety net of
16:45
that, the good news is you've got a way to diversify.
16:47
You're on here with Genesis Gold Group.
16:49
You go over to the big meek bar.com or you call them.
16:52
You can, you can actually buy tangible gold and silver in your
16:55
IRA. You know, to me, you you, you
16:58
might even change your weighting.
16:59
You're talking about 7030. Does the news on Kitco, that
17:03
information just provided, do you are you thinking 8020 or are
17:06
you going to stick with 7030? Where are you going with this?
17:08
Let's let's get the odds next. Yeah, I've.
17:10
Been a 7030 guy for quite some time.
17:13
I did a podcast this morning and it's almost like like, you know,
17:17
I'm the villain for having gold in My Portfolio.
17:19
All of a sudden, you know, that will that will never change for
17:23
me. OK, I've always been a gold bug.
17:26
I've always been pro gold and I, you know, never been a lover and
17:30
a believer in silver. But that changed a few years ago
17:33
when I started just looking at industrial charts and I could
17:36
see the trend. And they say the trend is your
17:38
friend. The trend really is your friend
17:40
with silver. There's no new silver mines.
17:43
Silver is very undervalued. The silver to gold ratio, spot
17:46
on. It's perfect right now.
17:48
And now you're getting some big names in the industry that
17:51
aren't too shy to come out on a public stage and throw out their
17:56
views on silver, and they're talking big, big numbers.
17:59
Can I ask you this, you know, not that I'm an expert on this,
18:02
what's your is, what's the movement on puts calls and
18:05
options on silver right now? Are we seeing a trend where the
18:08
where people are longing on silver, maybe a 12 month
18:11
contract or what do you see happening in that market?
18:13
Do you have any take on that at all?
18:15
Yeah, I haven't followed the put options market for a while.
18:19
I used to play very heavily in it and I know some people that
18:22
control some funds, but you wouldn't have to be a rocket
18:25
scientist to really just probably see some very long
18:28
positions in silver. You know, one of the other
18:32
arguments for why gold is being flown, you know, from Europe to
18:37
to London right now is because these banks got it wrong and
18:40
they were short on some positions and, and obviously
18:43
they had the opposite effect. And, and rather than cover those
18:45
positions, they're adding more gold to their portfolio.
18:48
I think that's a bunch of malarkey.
18:50
I, I think there's a reasons going a little bit further
18:53
deeper than than why they're trying to cover their gold
18:56
positions. And I think when it comes to
18:58
silver, people are still very bullish.
19:00
And if there's a, a long position to be had in silver and
19:03
you like options, I, I wouldn't be scared of that trade.
19:06
When you look at Warren Buffett, who has sold hundreds of
19:10
millions of dollars of Apple and Bank of America, and now he's
19:13
selling S&P 500 ETFs. Yeah, it was, you know, read,
19:19
read, read the writing on the wall.
19:21
Now, a lot of times people don't are Privy to this information.
19:24
I kind of take it for granted. You know, I breathe, eat and
19:27
sleep this stuff. So to me, it's just like a
19:29
regular Newsday. But for people that are busy
19:33
working two jobs or, you know, they're not tuning in all the
19:35
time to the financial markets, a quick elevated pitch to these
19:40
people is that there's a lot of instability in the world,
19:42
domestically and internationally.
19:44
These breed wars, currency wars that we're facing, they're going
19:47
to come to fruition. They can hit the financial
19:50
markets hard. And President Trump and his
19:52
organization are absolutely correct.
19:54
Expect mid term, short term, mid term pain.
19:58
But ultimate goal of this is that we will all be winners.
20:01
And I've had people call in from the retail market and say to me,
20:05
well, Trump's going to save us. Agreed.
20:07
And I'm just going to stick it out.
20:09
Agreed, but then there's a smart way to do it because if you
20:13
stick it out, how long is it going to take for a market cycle
20:16
to recoup your investment? Is it 7 years?
20:19
Is it 25 years? One Buffett smart enough to to
20:23
get out and sit on the sidelines.
20:24
There's there's, there's, there's knowing when to get in
20:27
and when to sit on the sidelines, Right.
20:29
And when it comes to gold, you know, gold is simply port.
20:32
It's, you know, you're not trying to make 1,000,000 bucks
20:35
overnight with gold. That's the wrong mentality.
20:37
The psychology is safety. It's secure security,
20:40
preservation of wealth, and it's an integral part of a balanced
20:43
portfolio. And not only that, Lance and
20:45
George, but I always hold this up and we kind of laugh and you
20:48
say I want this and, and send me more.
20:50
But if you can't hold it, touch it, you don't.
20:53
Own it, right? Yeah, that's true.
20:56
I've heard some horrible stories about people that thought they
20:58
were holding things in other people's vaults and then they
21:01
asked to have it sent to him and the gold and silver just didn't
21:03
exist. Yeah, you want to hold on to it.
21:06
Now, when you do an IRA, the gold is yours.
21:10
You own full custody of it. You can visit a vault if you
21:14
take it with you, it's considered a distribution.
21:16
But what I'm seeing right now, which is something I haven't
21:20
seen before, is that when people do liquidate and they take
21:24
where's my camera? There we go.
21:25
And they take possession of the metal.
21:27
You got it right. Hi, Joe.
21:28
When I take possession of the metal, they're taking delivery
21:32
of it. So normally people take a
21:33
distribution, they sell and they cash out.
21:36
But people aren't doing that right now in the Iras.
21:38
They're not cashing out. They're taking distribution of
21:41
the metal. And, and that's a telltale sign
21:44
of investor confidence and, and, and where the mark is heading.
21:48
People want to hold on to this stuff and they want to stack it.
21:51
They want to store it. And and and I'm right there
21:54
with. Yeah, well, you know, I just
21:56
want to bring something up because we're, you know, we're
21:58
talking about the Trump tariff war and the first go around the
22:01
first time he had a 1.0 and let's say verse 2 point O
22:05
actually the markets are trading on on nearly the same exact
22:09
route right now. So this is something that we
22:13
experienced in 2016. Everything turned out well.
22:16
Like there might be little growing pains, but you know
22:18
what, everything's going to work out because I listen, Trump's a
22:21
businessman. He'll get he got the economy
22:23
right the first time and I'll fix it again this time.
22:26
It's just the last four years was a lot of damage.
22:29
I mean, it hurts. And.
22:30
You know, I've got to point out that as we as we talk about the
22:34
story about inflation, you have to talk about the US jobs
22:37
reports. We saw 172,000 jobs cut in
22:41
February. Now that's not really any
22:42
surprise with what's going on with DOGE.
22:44
But the year to date, government layoffs are surging plus 41,300,
22:50
three, 100%, which is a big, big number.
22:52
But DOGE is just racking and cracking.
22:54
I love what what they're doing. We need a smaller government.
22:56
I don't like what's been going on and we're seeing a tremendous
22:58
fraud and waste. We've now seen a massive 221,812
23:03
jobs cut in 2025. That's the highest year to date
23:07
total since 2009. You know, are we witnessing the
23:11
largest federal layoff in U.S. history?
23:13
We've got a chart on it. This is serious.
23:16
But again, I have to say, for me, this is good news because
23:20
smaller government means maybe we'll be able to use our money
23:23
more effectively. Maybe we can cut down being $36
23:25
trillion in debt. I'd like to hear the input from
23:28
both of you guys. Well, I like a smaller
23:31
government. I, I think it's healthy and, and
23:34
people, people want less overreach.
23:36
We want less government waste. And I think this is what we all
23:40
voted for, right? One of the things that we voted
23:42
for. So I think that box is being
23:44
ticked. And I think these other people,
23:47
I'm not exactly sure where they go or what they do.
23:50
I know there's been a lot of government buyouts, but there's
23:53
a lot of government waste and, and President Trump is coming in
23:57
and he's doing what he was elected to do, like the policies
24:01
that he sold us on and why we voted for them.
24:04
This was like top of the agenda. And I don't think I think people
24:08
are very surprised on how swiftly they've swung this axe,
24:12
right? And they're seeing immediate
24:14
results. And for me, I mean, I'm, I'm
24:17
happy. I love what we're seeing.
24:18
Some of these there's like the government jobs, like, you know,
24:22
there's still people, Lance and George, who are 360 years old,
24:26
getting paid Social Security, I mean.
24:28
How old? How old is that?
24:30
No idea where the US was. At hold on, hold on.
24:33
According to Bernie Sanders, that is not true.
24:35
There's no 1-2 hundred years old or old again.
24:37
Yeah, yeah, getting it. Yeah.
24:39
But wait, Bernie Sanders is that old?
24:41
Yeah, I think he's lying because I think he's got to be two
24:46
hundred 250 years old, at least the way he looks.
24:49
Nancy Pelosi and of course, Maxine Waters, they've got to be
24:52
in their three hundreds. You know, the point is, yeah, I
24:55
think we're going to find more and more fraud.
24:57
There was an interesting interview that I just want to
24:59
tell the audience about that was on.
25:00
It was Elon Musk on Joe Rogan, and he was actually afraid to
25:05
talk about the amount of fraud he'd located.
25:08
He said, look, I'm I'm trying to live.
25:10
I'm afraid if I really go too hard, they're going to
25:12
assassinate me. You know, they went after Donald
25:15
Trump. What's to stop them from coming
25:16
after me? So you could see his face.
25:19
Now think about that's the that's the richest guy in the
25:21
world with top tier one security, right?
25:25
They just got sworn in by the US Marshals.
25:27
They're fully armed. I understand They're even
25:29
carrying small SMGS now. So these guys are really, you
25:33
know, stacked up. Here's a guy just worth 400
25:36
billion saying I'm afraid to tell the American public how bad
25:39
it really is because these people are going to get really,
25:42
really angry. And there's a good chance I
25:44
won't survive. And he was serious, and his
25:46
trepidation was so clear in that interview.
25:49
So you guys have to think about that.
25:50
If this guy's talking like that, we're going to see more and more
25:52
fraud, these job layoffs. I think a lot of these people
25:55
were sitting on their asses at home and weren't working for the
25:57
American public. Well, listen, we just had a, we
25:59
had a ruling yesterday that this is big too, because the District
26:02
Judge rules that Trump admin can move forward with dismantling
26:07
USAID. That's a huge, that's a huge
26:10
win. That's, I mean, there's so much
26:11
waste. I want to see if there's going
26:13
to be any kind of prosecution so this doesn't happen again.
26:16
But like as far as the job cuts, I can see people spinning it
26:20
like, oh, look, there's everybody's losing jobs.
26:22
The market's going to crash. Now, a lot of those job cuts are
26:26
due to government, the government getting rid of
26:28
government workers, the wasteful government workers that we don't
26:31
need. That's a that's a big percentage
26:33
of it. Because they're saying this, the
26:36
government layoff surged. I can't believe this.
26:38
It's up 41,000% due to doge. That's huge.
26:44
We're just in the beginning. It's going to get bigger, too.
26:47
And the, and the, and the real estate market in Washington DC
26:51
is just tanking tons and tons of properties coming on the market
26:55
because we saw 60 cuts in 2024 and now we've seen 61,790 in
27:01
2025. This is sending that that
27:03
Washington DC market just tanking like crazy.
27:07
And those job cuts are all around the District Columbia.
27:09
Now I'm wondering how many people aren't even living in the
27:12
District company. So this has already hit.
27:13
So I guess the houses in Washington, DC haven't been this
27:16
cheap since January of 2020, which is pretty incredible.
27:23
We've seen the median sale price now is at 552, which is a 10%
27:27
loss already from previous, previous median sales.
27:31
So, you know, it's, it's, this is pretty interesting.
27:34
I, I, and I wonder, you know, there's a lot of these people
27:37
beefing online that are living in other states.
27:40
I've seen it on social media. You know, Jonathan, what do you
27:42
think? You know, I'm, it makes me
27:45
uneasy to think that Elon Musk is afraid to tell us the truth.
27:49
What are your thoughts? I watched that interview.
27:52
And it is kind of crazy that you got the one of the world's
27:56
richest man. He doesn't need to be doing
27:58
this. Even President Trump said he
27:59
doesn't need the aggro. He doesn't need the the
28:01
aggravation in his life, but he's doing it for the American
28:05
people. And, and he's taking no
28:06
prisoners. And possibly he, you know, he,
28:09
he could be at risk. And that's why, you know, he's a
28:12
serious detail around him. And that chart that you showed
28:16
me just now with Washington, DC, because we also talked about
28:18
Florida housing market sucking right now, right?
28:20
But that Washington, you know, maybe not people have, you know,
28:26
extra capital, but you know, it is also a buying opportunity.
28:29
But as a whole that's available for the few.
28:32
But you know, that market is going to be sucking a lot of air
28:37
for quite the next few years, I believe.
28:39
I don't know if it's buying yet like especially Florida, because
28:42
the prices still have not reflected.
28:44
They have not come down yet enough.
28:47
Still high because I was just there so I seen it.
28:49
You see, Yeah, well, Florida is still expensive, but the
28:52
housing, you know, they've got problems with the housing
28:54
market. They've got problems with the
28:56
condo associations. So they do, that's a big
28:59
problem. Insurance companies not wanting
29:02
to insure properties and, and, and if they do, they're charging
29:05
you through the roof, which is impacting people's, you know,
29:08
directly the ability to get, say for example, hurricane
29:10
insurance. So it's, it's pretty frightening
29:13
for those people. Some people lose policies, they
29:14
make a mistake and they lose their policy and they go back to
29:16
get one. They go, oh, no, sorry, we don't
29:18
offer that any longer. You know that you were
29:20
grandfathered and now that you didn't pay.
29:22
So it's a frightening proposition if you can't insure
29:25
your home. But, you know, as I look at this
29:27
and I keep keep look at this decline in the job growth, you
29:30
know, you know, interest rates are now down 60 basis points in
29:34
six weeks, you know, as dojos ramped up.
29:37
I don't, you know, I don't know, somehow I don't understand how
29:40
they're linking DOGE to interest rates.
29:41
Can anybody make this connection for me?
29:43
Because I'm confused why Doge's decisions would impact interest
29:47
rates. I understand why the
29:48
administration's position would meaning that if Donald Trump
29:52
says you got to do something about this because he's talked
29:53
about nationalizing the Federal Reserve.
29:55
Well, I, I mean, I'll try to answer this.
29:58
And, and so they're saying because you're cutting the
30:01
interest rates will go down because you're saving so much
30:03
money that it's actually going to have an, a positive economic
30:07
impact. But I'm still waiting.
30:09
You know, I do recall when Trump said he wants to cap the
30:12
interest rate on credit cards at 10%.
30:14
I, I'm still waiting for that one.
30:16
It's taking so long. But, you know, if we get to
30:18
like, do you see it as a good thing, Jonathan, with the
30:21
interest rates going down? I mean, everyone loves cheaper
30:24
interest rates, right? Cheaper borrowing costs.
30:27
I'm not sure where the correlation is.
30:29
I know the anticipation of the economics impact of the DOGE
30:34
report, but that's a tough one. You know, I'm not too sure.
30:38
I'm going to kind of stay a little bit tight lipped on that.
30:41
I'd like to see a little bit more data, but.
30:44
I'm not sure how to read that. Yeah, well, let me let me let me
30:48
switch some gears here on us. I'm going to switch it up here.
30:50
I want to talk about there's a big event.
30:52
We're on the eve of it. Everybody online is just, you
30:55
know, it's just everybody's talking and I know what that
30:58
means. Before I jump in, I just want to
31:00
tell you we're going to be talking about the High Profile
31:02
Crypto Summit in Washington, DC tomorrow.
31:05
So we're going to take a short break and when we come back,
31:08
we're going to dig into that. The strategic reserve in crypto
31:11
we trust. We're going to dig all the way
31:13
in. Don't go anywhere, The Global
31:15
Finance Forum, of course, powered by Genesis Gold Group.
31:18
We'll be right back with Jonathan Rose, George Valentin
31:21
and myself. Lance Maggiaccio.
31:24
Hey here. You're going to need it.
31:25
You're going to want to hear this.
31:29
All right, give it a second too. Cut, cut, cut right.
31:37
You're going to bring us in. You always ask that question,
31:40
you know I always bring us in, Lance.
31:41
No, no, no. I just want to make sure you're
31:43
prepped. It was all.
31:43
I mean, it's just my standard operating line.
31:46
I know. Hey, John, can you see what
31:49
Scott Besson said. The secretary Besson, he goes,
31:52
I'm going to quote him. He goes, Let me be clear. the US
31:54
does not have a revenue problem. We have a spending problem.
31:57
No kidding. Yeah, no shit.
32:00
Sure, but most people, it's like everyone in my office on the
32:02
sales floor. Yeah, hey, remember, there's no
32:06
red mugs on the sales floor and coffee's only foreclosures.
32:08
You just need to. Tell that yeah.
32:13
What movie was that? From where?
32:14
Where were you guys? Actually, You're where?
32:17
I'm in Denver. Are you in Denver?
32:20
Yeah. Where are you, George?
32:21
North New Jersey, right by New York City, right.
32:25
I live like 10 minutes from the city.
32:27
Got it. Why?
32:28
Oh. I don't think I've ever asked
32:31
that before. I got 9 cameras surrounding my
32:33
house so don't try it buddy. Yeah.
32:37
I'm telling you, I don't believe me.
32:38
Watch. I'm going to show you.
32:40
I've got 9 cameras too. Yeah, I have a bunch of cameras
32:44
also. I don't take any chances.
32:47
I don't know if can you see? Let me see.
32:49
Yeah, we could see. See all them?
32:51
What's that? Those are all the cameras ever
32:53
surrounded the house. Yeah, dungeon and someone tied
32:56
up. What's going on at your place?
32:58
Nothing. I live in a great nice
32:59
neighborhood. They just live in a good
33:02
neighborhood. They they just families live in
33:04
that house for a while. They've got a great house,
33:06
really nice. Is it one of those old like, you
33:10
know, not Victorian because I guess you know, but they've got
33:12
those beautiful. Tutors.
33:13
They've got the tutors. Tutors.
33:15
Yeah, they're they're very pretty.
33:17
No, it's no. I live in like in a ranch style
33:18
house nice like dead end St. you know but.
33:22
Yeah, they know all the neighbors.
33:24
You know, because you know my mother, my sister, like it's a
33:28
deterrent. I'm going to tell you something
33:30
I don't tell. A lot of people ask know this.
33:32
I'm hooked into other people's camera system.
33:35
So if you come around like 2 block radius and you don't live
33:39
in this area or your car's not registered, I'll know.
33:42
That's great, yeah. Yeah, yeah.
33:47
It's interesting. The world's changed.
33:49
I guess you got to be proactive versus the reactive, you know?
33:52
So just let me know if you want to come by.
33:54
I'll put you down on the you can come.
33:56
Yeah. Put me on the list.
33:58
All right, let's rock'n'roll, man.
34:00
All right, all right, here we go.
34:03
All right. Welcome back to the Big, Big
34:05
Show Global Finance Forum powered by Genesis Gold Group
34:09
with your hosts Lance Migliaccio, George Ballantine,
34:12
and CEO of Genesis Gold Group, Jonathan Rose.
34:16
But you know, listen, I got to give a shout out to somebody
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All right, gentlemen, we had the big, huge first ever crypto
35:59
summit in Washington DC. This is going to set it the
36:04
standard for crypto to make USA the number one crypto capital of
36:09
the world. I mean I'm I'm kind of bummed
36:12
that, you know, I couldn't go to the the event at Mar a Lago a
36:17
few weeks ago because of my knee can't go to this summit.
36:20
I have to sit back, let other people go.
36:22
It's it's kind of heartening, but hopefully they will prevail.
36:26
I mean, there's Lance. The bliss of names are huge.
36:29
Yeah. Who's who's there?
36:31
This is racked and stacked. It's a big deal.
36:34
Everybody, all the whales, all the great whites of the crypto
36:37
world are going to be there. I think what's exciting, first
36:40
of all, let me just say this, if you haven't been watching the
36:42
crypto Power Hour, we just had our maiden voyage, 91,000 people
36:47
tuned in over on Rumble and that's Crypto Power Hour on
36:50
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So you're going to want to check that show.
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It's everything crypto, it's educational.
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It's our solution for the crypto where we're going to help you
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not miss out on generational wealth.
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But right now Kirk St. John's, the CEO and founder of
37:05
solemn Global and of course also the host of the crypto power our
37:09
and our Co host Antonio Moss and of course George and I host that
37:13
show also. They're on their way to the
37:15
crypto summit. So incredible.
37:17
We're going to have great information.
37:19
They're going to be hobnobbing with the who's who Michael
37:21
Saylor and everybody else you can possibly think of.
37:25
Is there the CEO of Kraken, the CEO of Binance, the CEO of
37:29
Coinbase, the the CEO of Bitcoin magazine, the CEO of crypto.com.
37:37
I mean, it's just it's nuts. And the point is, the reason
37:41
we're covering stuff like this and the reason we've tied
37:43
ourselves with Genesis Co Group and of course the the black
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trustira.com is because we know how important it is for you guys
37:50
to be involved in diversification.
37:52
So it's a great opportunity. XRP Ripple, they're tied in.
37:57
I, I'm going to throw something. I you might not have heard this,
38:00
Jonathan, through our sources, I've heard, I heard a little
38:02
something, a little something. The SEC is having a closed door
38:07
session right now about the Ripple case.
38:10
My understanding is that the appeal may very well be
38:15
dismissed. That's a bone for the audience.
38:19
Ripple's only a $2.00 and change.
38:21
This isn't financial advice. You might want to go out and get
38:24
a hold of Block Trust IRA and take some of your money and your
38:27
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38:29
That's up to you. Not financial advice.
38:31
Talk to your people. Talk to the experts over here
38:33
at, you know, block trustira.com.
38:35
But if that Ripple appeal gets pulled, what do you think the
38:38
impact is that going to be on XRP, Jonathan?
38:42
Yeah, very, very +1. I think.
38:45
I mean, it's XRP mania out there.
38:48
I feel like 24/7 regardless. And if this news comes out, I
38:52
think it's me very, very bullish and I think the outlook's very
38:55
bright. I mean, this current
38:56
administration, dare I say, is kind of a little bit built on,
39:01
on, on favors and goodwill. And I think there's going to be
39:05
a lot of goodwill pushed towards Ripple and, and you know, XRP
39:10
and I think it's going to be a very good situation, not just
39:14
for them, but the entire crypto community.
39:17
I know Maximilian Pace is going to be watching that real
39:19
closely. He's on top of that.
39:21
Yeah, that boy loves, he loves volatility.
39:24
Of course, that's the CEO of Animus Technologies.
39:26
He's a volatility master. He's like the ninja of
39:30
volatility. I might add a great interview if
39:33
you guys didn't watch it last week on the Global Finance
39:36
Forum. That was on Friday.
39:37
He came on for 1/2 hour. He's super busy.
39:39
Jonathan Rose pulled one out of the rabbit out of the hat and
39:42
had him jump in. He wasn't prepared.
39:44
I was even more impressed with his dialogue after he jumped on
39:47
with us. Jonathan.
39:49
I always prefer it when people aren't prepared because you can
39:51
kind of try and poke holes in their game and see who they
39:54
really are. And he walks the talk and he
39:58
grew up in this world, grew up in Silicon Valley, grew up with
40:02
a lot of the top Facebook engineers, and he really has
40:05
something special. And he's just.
40:08
And he goes to these hedge fund conferences for cryptocurrency
40:11
and, and every time he comes back, he always says, guys,
40:14
we're just light years ahead of anything remotely close to
40:18
that's great. It'll take people years to get
40:20
to, to what we have. So the fact that these people
40:23
can't replicate what he has hedge funds license, his tech,
40:27
the fact that we even have been able to bring what he has to a
40:30
retail level, I mean, it's, it's big, big news.
40:34
And I think people realize what an advantage they're getting
40:39
inside their whether it's their retirement account or just
40:42
investing in the industry in total when you can put these
40:46
safeguards in place because Lance, like you mentioned, Max
40:49
loves volatility. He does and a lot of people have
40:53
kind of being stopped investing in crypto because the volatility
40:57
scares them and and that's not the case anymore.
41:00
Through block trust IRA, people can invest and the volatility is
41:04
now our friend. We like the volatility, we
41:07
welcome it. This is how we beat the
41:09
benchmark and, and, and this is how his AI tech that spits out
41:13
these signals, makes these recommendations that that buys
41:16
at the highs and, excuse me, sells at the highs and then buys
41:22
back in at the lows and, and they rinse and, and, and that's
41:25
how they beat the benchmark of of Bitcoin and Ethereum.
41:28
It's it's, yeah, Simply put it, it sounds simpler, but it's
41:32
very, very involved. What I like about what he does
41:36
with the crypto cut of beef, right?
41:38
He doesn't go for the tippy, tippy top.
41:40
The way the AI is analyzing and all the all the data points is
41:44
pulling in. It's physically impossible for
41:46
an individual to scour that many data points simultaneously.
41:49
But using AI, you're getting, you're not getting the very,
41:52
very bottom. You're not getting the very,
41:53
very top, but you're getting that filet mignon, you're
41:55
getting that best picture right out of the center right.
41:58
You're getting the the prime cut of beef on this crypto play and
42:02
you can't do that. George and I watch crypto all
42:04
day long. We keep weird hours.
42:06
I mean I was up till 1:30 last night working on shows and you
42:10
know George is up before me and then I'll get up at 5:30 or 6
42:14
and I start getting my household ready.
42:15
So I'm I'm really on a lot. I can't be on 24/7 365.
42:19
You have to sleep, but that's the beauty of what you guys have
42:21
done that you have this security guard of AI technology paying
42:26
attention to the portfolio and making a decision based on
42:30
social media, based on the trading platforms, based on
42:33
global news. It's scraping so much data.
42:36
I was blown away by how many data points when Max described
42:39
it. Like I said, if you didn't watch
42:41
the crypto, I mean the global finance forum on Friday, you
42:44
should go back and watch. Even if you only have time for
42:46
1/2 hour, just put it on. You definitely want to check it
42:48
out because remember the key takeaways we're going to talk
42:50
about on the XRP story is look, XR, PS role in that US crypto
42:55
strategic reserve. They're part of it.
42:57
You know, there's 5 coins now, Solana, XRP, Ethereum, Bitcoin
43:01
and Cardano, which is ADA. Then you've got the SE CS closed
43:05
meeting that's going on right now.
43:07
I don't think that I think that's intentional.
43:08
It's on the eve of the crypto summit.
43:10
I think they did it intentionally.
43:12
I believe they're going to be coming out with some great news
43:14
and that's got a lot to do with what I believe is going to be
43:16
this strategic and and a major shift in government policy.
43:21
You got the the go ahead, George.
43:22
I, you know, I just told her something.
43:24
I, I wish Max was here because I'd like to ask him the
43:26
question. I don't know if you've seen it,
43:27
Jonathan, when Trump put out his, his post on post on true
43:31
social and he talked about Solana, Cardano and XRP being in
43:38
a crypto reserve didn't have no other mention.
43:41
And then like 20 minutes later and he put, of course, Bitcoin.
43:45
But within that time frame, you know, all the Bitcoin people
43:47
were crying up a storm. They're still crying, they're
43:50
still crying. I just wanted to know what Max
43:52
thought what when he's seen that like.
43:55
But you know, that's a perfect moment for what these guys do.
43:58
It's an opportunity because they weren't in their right to begin
44:00
with. I'll bet you immediately Bitcoin
44:01
took a little bit of a drop. If we saw it on a chart.
44:04
I don't know what happened. Jonathan comment.
44:08
You know, when it comes to Max, I've asked him before, you know,
44:10
what's your favorite crypto? And he says I don't have 1 And I
44:13
was kind of what do you mean you don't have one?
44:15
He's like, I'm not here with an orange mine and a hat and a
44:17
pickaxe. He's like, I'm just looking at
44:19
volatility and I'm looking at the market cap and, and it going
44:24
up and the data points and getting out.
44:26
He's he's scientific with with all of this.
44:29
So there's there's no emotion. So I think, you know, if we were
44:32
to ask him that, I think he would probably he'd probably
44:35
give us round about the same answer.
44:36
But George, do you remember what you you told him and brought up
44:39
to your audience last week about his servers?
44:42
He has servers worldwide crunching millions of data
44:46
points per second. And a couple of those servers
44:50
are kept in Ireland. And he received a letter from
44:52
the government in Ireland saying what the heck are you?
44:55
What do you guys do that you're quantifying this much data?
44:59
They're they're, they're crunching more data than any
45:02
other country in Ireland and they got a letter from the
45:04
government just to say so. So that's just two servers in
45:07
Ireland. He's got servers in other places
45:09
too, but that's how much data that they are quantifying by the
45:14
minute by the. Because a, because a person, no
45:18
matter how skilled they are, no matter how efficient they are,
45:22
even if they keep weird hours like George and I and they're up
45:25
for, they're sleeping 5-6 hours and they're up the rest of the
45:27
time. My point is that's the beauty of
45:30
what you guys have done. Because it's, it's like having
45:32
this AI is like having an employee that you can count on
45:36
to, to take care of your business 24/7, 365.
45:40
And I can't emphasize that enough.
45:41
And that is not a sales pitch. This is not an infomercial.
45:44
This is the fact that you need to be aware of of AI and crypto
45:48
and what that relation. These are two things going
45:50
together that has never been met in history.
45:52
So this is generational wealth. But let's go back to the summit.
45:55
I, I hold on, I have a great, I would, I would love for our
45:58
government to give Animus Technologies a billion dollars
46:01
and put it in that fund and then let it just build so we could
46:04
just eliminate our, our debt. Yeah, how about some of the
46:08
Social Security money and Animus technologies?
46:10
I like to see that. How about giving those seniors a
46:13
nice boost instead of just having it sit there and people
46:15
are using the money, which I've heard in other investments, but
46:18
yet they're getting this crappy return.
46:19
And then, of course, the government owes Social Security
46:22
2.2 trillion. But listen, this summit is huge.
46:25
It's a gathering of all the key industry leaders.
46:27
I think they're going to pressure the SAC to soften its
46:30
stance and get away with trying to use Wall Street statutes to
46:33
control crypto. You know, Garlin House is going
46:35
to either the Ripple CEO, he's already locked in.
46:39
A lot of people are saying he might not be there.
46:40
He's definitely going to be here.
46:41
I heard about the confirm the market implications for not only
46:45
the ones in the strategic reserve, but if we hear that
46:48
they've really made a decision to back off regulation and try
46:52
to come up with some some laws and regulation that makes sense.
46:55
I'd like to see some regulation on rug pulls, but I don't want
46:58
to see that controls markets and I don't want to see government
47:00
control because that's the idea behind the blockchain.
47:03
And then of course, bitcoins market performance is going to
47:05
be affected. You can't you can't really
47:07
refute that. Bitcoin is the 800 LB gorillas
47:09
still. They still are limited access,
47:12
21 million. Some of it's sitting in
47:14
landfills. Satoshi Nakamoto's bitcoins not
47:17
coming back. We don't know who owns that,
47:18
although I think it's Paul LaRue.
47:20
There's a lot of stuff. But that closed door meeting, I
47:23
think this is a turning point. Jonathan and I, you know, I want
47:26
to get your input. I think this is massive and I
47:29
think the timing's intentional. Closed door meeting, the 6th
47:32
Crypto Summit, the 7th. What do you think?
47:34
Always are definitely on on these meetings.
47:37
So the real question is, are there going to be any bombshells
47:41
of the drop? And, and the, and the second
47:44
thing a lot of these traders are going to be looking at is has
47:47
the market baked in the price in anticipation of, of the news for
47:52
tomorrow, right? That's, that's gonna be the
47:54
biggest question, right. Well, XRP.
47:56
Is up 3% right now. Well, then, then that's, that's
48:01
a telltale sign, you know, of of yeah, positive.
48:04
The market's already baked it in in anticipation.
48:07
We could see, we could see a little rally.
48:09
You know, we're we're gonna have to see and, and understand
48:11
something. Folks with rallies, what comes
48:14
up comes back down. It's it's like anything.
48:16
So just because there's great news and and it goes up and then
48:20
and then, you know, people thwart it because all right,
48:22
drop back down again. That's when people in this
48:26
industry make the money. And if you know how to do it,
48:28
then that's why we talk about generational wealth and and keep
48:31
harpering on this, like having the correct tools to kind of of
48:35
watch your investments because a financial advisor isn't going to
48:38
do it for you. He's there for the opening bell,
48:40
closing bell. This market doesn't sleep right.
48:43
There's going to be news that's coming out 24/7 that that that's
48:47
going to fly right by you. And that's fine, providing you
48:51
have the necessary tools to watch this type of news and
48:54
adjust your portfolio plus plus and, and, and you know, minus.
48:59
So do I think it's going to be a big day for crypto on this news?
49:03
Absolutely. I think it's, you know, there
49:04
could be something ground breaking or it could be
49:07
something that's already baked into the market and that's why
49:09
we're seeing already a positive outlook.
49:12
Well, I'm going to throw the audience one note more bone from
49:15
our sources. I just heard something about an
49:19
hour ago that it's very possible one of the other announcements
49:23
is going to be for the XRP spot ETFs, which of course you guys
49:27
know those are exchange traded funds.
49:30
It looks like they may be announcing the regulatory
49:33
approval of of an XRP focused ETF.
49:37
So that could be that could drive major institutional
49:40
inflows and that could push that price towards 5 bucks.
49:43
That's at least what the experts are saying if that was to
49:45
happen. But I'm hearing it's likely that
49:48
that may be part of the announcements that happened
49:50
during this summit. I'm hearing they stacked the
49:53
deck with some stuff and I've heard it from really, really
49:56
reliable sources. So let me say, I'm not telling
49:58
you to bet on this. I'm not telling you to invest on
50:00
this information. I'm providing it to you.
50:02
You can go online and you can see, Hey, Lance, I think you're
50:04
full of it. I don't believe you or hey,
50:06
Lance, you were right. Maybe I'm going to be Kreskin,
50:09
right? I'm going to be a psychic.
50:11
But but it's because we get real, we get real sources of
50:13
information. George and I are lucky enough to
50:15
get a lot of good sources. So this is another thing that
50:18
might get announced. So, you know, I'm, I'm excited
50:22
about that. And maybe we'll see some real
50:24
statements. You know, Bennett's going to be
50:26
there, Pam Bondi's going to be there.
50:28
The head of the CFTAC is going to be there's just, there's a
50:31
line up. Forget only the industry
50:33
leaders, it's the government people that are making these
50:36
decisions and are going to all be part of it.
50:39
The AIS are, of course, you know, David Sachs is there.
50:42
So stay tuned on this. I think this is important.
50:45
But you know, one of the things we got to cover on this show
50:48
because it's what it's all about, right?
50:49
This is part of it. From bullion to borders, gold
50:52
down, silver firm as Trump sends copper 5% higher and the euro
50:57
hits a four month USD high. This is your area, Jonathan.
51:01
I always got to throw the bone to you because there's nobody on
51:03
this show that knows more about gold and silver than you.
51:07
These gains in London trade, silver held on to those gains
51:12
and we see that kind of on this chart we talking about.
51:14
The Frankfurt DAX index edged another .5% higher after leaping
51:18
3.4% on Wednesday. There's big borrowing and
51:21
spending plans from the German Chancellor.
51:24
I, I have no idea if they even had the money.
51:25
I thought Germany was in trouble economically, but what do you
51:29
think? I mean, and, and what's with
51:31
copper? Why did copper blow up?
51:33
What happened here? Well, now you're looking at the
51:36
base metals market. And it's funny, when I worked on
51:38
the London Metal Exchange, I worked on the base metals
51:42
market, copper, aluminum, tin, zinc.
51:44
And obviously I gravitated towards gold because I believed
51:47
in having something physical, which is precious metals market,
51:50
copper market, you know, it's hard for me to comments on that
51:54
because we're looking at industrial tonnage.
51:56
So there's something going on behind the scenes.
51:58
Copper's always obviously a really important conductor and,
52:03
and look, you know, people are even stealing it, you know,
52:06
from, from cars, you know, catalytic converters and
52:09
platinum. That's a big deal if thefts are
52:11
crazy here in Denver. Oh, you know, copper's always
52:14
been a very, very strong probably probably say copper and
52:19
aluminium or aluminium as we pronounce it, are probably the
52:22
two strongest of the base metal markets out there.
52:25
When you look at silver and you're going to kind of hear
52:28
this a lot more, this expression, but but silver is
52:31
the new gold. You know, you're going to be
52:33
hearing this phrase a lot more. Silver is the new gold.
52:36
And I think if we go back to my eyes are bad guys, is that the
52:40
silver chart? Yes, it is.
52:42
Yeah. So that's a 5 day.
52:44
Just so you know, I pulled the five day chart this time because
52:47
I wanted people to see the trend and I heard the support level at
52:51
$31.00 and change has really, really been reinforced like a
52:55
lot of people are saying we may not see the other side of 30
52:58
again. Cheap, cheap, cheap.
53:00
That is, I mean, I don't I agree with that.
53:02
I think you're not going to see silver, silver sub 31 year
53:06
silver up 33%, five years up 91%.
53:10
You know, I'm a big believer in having at least a five year
53:12
window, three to five year window.
53:14
I'm not so much in the intraday trading, but you know, word on
53:18
the street and finger on the pulse.
53:20
A lot of these asset managers are coming out.
53:23
They're very bullish on silver. You know, now, you know, I'm
53:27
probably going to start looking at some of these option
53:29
contracts, seeing when they're expiring and seeing who's taking
53:33
out these positions because I think Silvas got a long way to
53:37
go. It's undervalued, it's
53:39
inexpensive and it's also from a retail perspective who people
53:44
feel like I've missed the boat with gold, which you haven't by
53:46
the way, because gold isn't just vehicle to make money in.
53:50
It's a vehicle to protect what you have.
53:52
But silver I think has a, has a long, long way to go to hit that
53:56
50 to $75. And when you have these asset
53:59
managers with billions of dollars under management saying,
54:02
hey, look very realistic to see silver 200 to $500.00 an ounce.
54:07
They're not pulling these fingers, you know, these figures
54:10
out of a hat. They, they are getting data,
54:13
they're crunching the data, they're quantifying the data,
54:16
they're working with their analysts.
54:18
And these are big, big companies.
54:19
So there's there's a reason, there's a reason for that.
54:22
And when I mentioned earlier about, you know, tariffs and
54:24
silver being imported through through Mexico, in my opinion
54:28
and again not financial advice, I think there's a very strong
54:32
buying opportunity with commodities such as silver right
54:35
now. Yeah, I think you've nailed it
54:37
because of course people are blaming the 5% increase on the
54:41
US copper futures on the tariffs again, because of course Donald
54:46
Trump included that as of yet untariffed base metal in the
54:50
list of commodities that are going to be subject to a 25%
54:53
import duty. Of course that was in his
54:56
America his back speech to Congress, which the Democrats
54:59
are still whining about. They were incredibly
55:01
disrespectful to so many people that were honored then,
55:04
including a 13 year old child with brain cancer.
55:07
I still can't imagine how you wouldn't stand up for this
55:09
child. And of course many others really
55:12
showing that they don't care about the country or its people.
55:15
They care about their greed and their theft and their fraud.
55:18
That seems to be the top priority for them and making
55:21
making smart alecky stupid videos that seem to be all over
55:24
online. But I agree this, I don't know
55:27
where all these metals futures, you and I should dialogue more.
55:30
This could be an incredible opportunity as these tariffs
55:32
move forward. I don't know if you know Mexico
55:35
is going to completely buckle. I did hear about it.
55:37
A discussion I want to mention the president of Mexico has been
55:42
engaged in some discussions that concern U.S. military
55:45
interaction and going after the cartels.
55:48
A New York Times article came out.
55:49
The cartels are shaking in their boots, so that might that might
55:53
change rapidly. We might see these tariffs
55:55
pulled back, but let's phase it. I hate it.
55:57
We're out of time for today. Global finance forum.
56:00
I hear that music. I know what that cue is.
56:03
Listen, if you like the show thumbs up comment share like
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Valentin, the big big show, Lance Miliacs and solemn global.
56:15
There's so many but come over join the show subscribe I'm not
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56:32
of generational wealth. And don't forget, make a move,
56:36
go over to block trustira.com, get involved in this crypto
56:39
revolution and be secure with a company that knows what the hell
56:43
they're doing. Same goes for Genesis Gold
56:45
Group. If you want to diversify, now's
56:47
the time. Again, not financial advice,
56:50
Maybe take a look at silver and gold for your portfolio and
56:53
really, maybe silver's the move. At the end of the day, you don't
56:57
want to take a chance. Go with the expert Jonathan Rose
57:00
and the team over there. They're the guys.
57:01
Jacob Diaz, George Ballantine, my brother.
57:04
Last words, buddy. You all have a blessed weekend.
57:08
Buy gold and silver.