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Market Highs: Take Profits Now - Patrick Mueller #6242 · Financial Survival Network

• 0:00
  Speaker 1: You know, now we're at all time market highs and
• 0:02
  Speaker 1: I'm pretty much still an all time market history. So
• 0:04
  Speaker 1: there's never been a better time to take some of
• 0:06
  Speaker 1: those chips off of the table and take some profits.
• 0:09
  Speaker 1: Because people will give you phrases like this when the
• 0:11
  Speaker 1: markets are down, like, oh, it's only a paper loss.
• 0:13
  Speaker 1: You know, it's not a lot until you sell out
• 0:15
  Speaker 1: of it. But it's also it's only a paper game.
• 0:18
  Speaker 2: You are listening to Carrie Letz's Financial Survival Network, where
• 0:22
  Speaker 2: you get valuable information you just can't find anywhere else
• 0:26
  Speaker 2: to thrive in today's trying times. You need the Financial
• 0:29
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• 0:35
  Speaker 2: dot com and get your free newsletter and gift. Financial
• 0:38
  Speaker 2: Survival Network now more than ever.
• 0:45
  Speaker 3: And welcome you are listening to and watching the Financial
• 0:49
  Speaker 3: Survival Network. I'm your host, Carrie. Let's say we're in
• 0:52
  Speaker 3: mid to late February. Here, we got a lot of
• 0:55
  Speaker 3: uncertainty going on in the nation's capital, new administration and
• 1:00
  Speaker 3: a new way of doing things. And if you're thinking
• 1:04
  Speaker 3: about retirement, or you're say five to ten years away
• 1:09
  Speaker 3: from retirement, this could dramatically affect you and special guests
• 1:14
  Speaker 3: on with us Patrick Muller Bellet Advisors. You find him
• 1:18
  Speaker 3: at Belletadvisors dot com and if you have any questions,
• 1:22
  Speaker 3: as always, you can shoot me an email. Klat Kerrie
• 1:25
  Speaker 3: Lutz dot com. Patrick, first time guest on the show.
• 1:28
  Speaker 4: Welcome.
• 1:29
  Speaker 3: So uh hey, planning for retirement, even under the best
• 1:34
  Speaker 3: of circumstances is difficult. What challenges are we looking at
• 1:39
  Speaker 3: now with all the uncertainty in Washington and taxes and
• 1:45
  Speaker 3: House cuts?
• 1:46
  Speaker 4: What do we do? Well?
• 1:47
  Speaker 1: It's going to be interesting coming up here, especially this year,
• 1:50
  Speaker 1: because we've got the Trump tax cuts that are going
• 1:53
  Speaker 1: to be expiring at the end of this year, so
• 1:56
  Speaker 1: next year. A lot of people don't realize that we're
• 1:59
  Speaker 1: going going back to twenty seventeen rates, which is dramatically different.
• 2:04
  Speaker 4: Yes, so we'll see that happens here.
• 2:05
  Speaker 1: And I think right now in the Senate it's you know,
• 2:10
  Speaker 1: not looking great at them being able to agree on anything.
• 2:12
  Speaker 1: So hopefully we can get an extension of the current
• 2:15
  Speaker 1: tax rates at least through the end of the Trump
• 2:18
  Speaker 1: administration and we'll see where it goes beyond that. But
• 2:21
  Speaker 1: you know, a lot of those big moves that Trump
• 2:23
  Speaker 1: is talking about as far as getting taxes off of
• 2:26
  Speaker 1: your soci you know, not being taxed on your Social
• 2:28
  Speaker 1: Security benefits, or it's going to be it's going to
• 2:33
  Speaker 1: be a tough road to prefer that.
• 2:36
  Speaker 3: So what are you supposed to do about it? How
• 2:37
  Speaker 3: do you plan when you don't even know what kind
• 2:40
  Speaker 3: of tax you're going to be paying. It makes it
• 2:42
  Speaker 3: really difficult.
• 2:43
  Speaker 1: And we help folks with a lot of roth conversions,
• 2:47
  Speaker 1: and you know, it's just kind of one of those
• 2:49
  Speaker 1: things I ask people all the time, do you think
• 2:51
  Speaker 1: that tax rates are going to be going higher or
• 2:53
  Speaker 1: lower in the future, And almost nobody says that they
• 2:55
  Speaker 1: think that they're going to be going lower.
• 2:57
  Speaker 4: So if that's the case, and it's a.
• 2:59
  Speaker 1: Very small percentage of people when they retired that actually
• 3:02
  Speaker 1: end up being in a lower tax rate in retirement, yeah,
• 3:05
  Speaker 1: So a lot of these programs that people are putting
• 3:08
  Speaker 1: their money to, like four oh one k's four or
• 3:10
  Speaker 1: three b's four fifty seven account traditional iras, it's like, hey,
• 3:14
  Speaker 1: defer paying your income taxes now and you know, take
• 3:18
  Speaker 1: it out in retirement when you're in a lower tax rate.
• 3:20
  Speaker 1: It's just we rarely see that happening. So people are
• 3:23
  Speaker 1: shocked when when they see what their tax bill is
• 3:26
  Speaker 1: going to be when they're forces start taking that money
• 3:28
  Speaker 1: out when they reach RMD age of seventy three or
• 3:32
  Speaker 1: seventy five to.
• 3:33
  Speaker 4: Depending on when you were born.
• 3:34
  Speaker 1: So we do a lot of roth conversions, like get
• 3:37
  Speaker 1: money to those tax free accounts now because more likely
• 3:41
  Speaker 1: tax rates you're probably not going to go much lower.
• 3:43
  Speaker 4: In the future.
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  Speaker 3: Okay, so what about like Social Security? You know, most
• 3:48
  Speaker 3: retirees are at least partially depended on it, even if
• 3:51
  Speaker 3: they've saved and done everything right to what do you
• 3:55
  Speaker 3: think is going to be with that?
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  Speaker 4: It's a good question, you're right now.
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  Speaker 1: It's like early twenty thirty, those projected that if there
• 4:01
  Speaker 1: are no changes with Social Security and the way that
• 4:05
  Speaker 1: that rolls out, then everybody's benefits are going to be
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  Speaker 1: reduced across the board by twenty five percent, which would
• 4:11
  Speaker 1: be a huge cut. But I think there's a lot
• 4:13
  Speaker 1: of things. I was actually just reading an article this
• 4:15
  Speaker 1: morning that with the you know, with with DOGE doing
• 4:18
  Speaker 1: their research that twenty one million people above the age
• 4:24
  Speaker 1: of one hundred are still getting Social Security bnecests, right,
• 4:28
  Speaker 1: So there's people that are actually in the system right
• 4:31
  Speaker 1: now that since since before the country or crazy social security.
• 4:41
  Speaker 4: Benefits, it's insane. Yeah, so there could be a lot
• 4:44
  Speaker 4: of changes like that.
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  Speaker 1: I mean that alone, right, you're fixing that problem, right,
• 4:48
  Speaker 1: could fix the social security issue.
• 4:51
  Speaker 3: Yeah, all right, So so we got interesting times ahead here.
• 4:55
  Speaker 3: Where are you putting your clients? So what are you
• 4:57
  Speaker 3: what are you recommending to them?
• 4:59
  Speaker 1: Well, one of the things that we use in retirement
• 5:02
  Speaker 1: planning is the rule of one hundred. So take your
• 5:05
  Speaker 1: age and that should be the percentage of your savings
• 5:08
  Speaker 1: that are safe and protected from market losses. So if
• 5:10
  Speaker 1: somebody's fifty years old, then we should have half of
• 5:12
  Speaker 1: the money and things that are safe and protected from
• 5:14
  Speaker 1: market losses, and then fifty percent. It's okay to be
• 5:17
  Speaker 1: in the markets. And the reason for that is now
• 5:21
  Speaker 1: you need the money to live off. But if you
• 5:23
  Speaker 1: don't have a paycheck coming in anymore, it starts making
• 5:26
  Speaker 1: things really difficult.
• 5:28
  Speaker 3: So a lot of people are going to be stuck
• 5:31
  Speaker 3: here and working for longer than they want to ever
• 5:34
  Speaker 3: anticipated working retirement. That goal, whatever it might be in
• 5:38
  Speaker 3: your mind, is becoming more elusive, isn't it.
• 5:42
  Speaker 4: Absolutely absolutely?
• 5:43
  Speaker 1: So you know, now we're at all time market highs
• 5:47
  Speaker 1: and I'm pretty much still an all time market history.
• 5:49
  Speaker 1: So there's never been a better time to take some
• 5:51
  Speaker 1: of those chips off of the table and take some profits.
• 5:53
  Speaker 1: Because people will give you phrases like this when the
• 5:56
  Speaker 1: markets are down, like, oh, it's only a paper loss.
• 5:58
  Speaker 1: You know, it's not a loss until you sell out
• 5:59
  Speaker 1: of it. But it's also it's only a paper gain, right,
• 6:03
  Speaker 1: It's not it's not a gain until you realize it either.
• 6:06
  Speaker 1: So it's just one of those things we don't want
• 6:08
  Speaker 1: to take that unnecessary risk. But you know, this year
• 6:11
  Speaker 1: with the markets, I mean, I think it's going to
• 6:13
  Speaker 1: be positive, you know. I think with this new administration
• 6:16
  Speaker 1: coming in, there's gonna be a lot of positive moves
• 6:19
  Speaker 1: for lower regulations, you know, better energy prices, lowering inflation probably.
• 6:25
  Speaker 1: So I think there's gonna be a lot of positive
• 6:26
  Speaker 1: things over over the next four years longer term. But
• 6:29
  Speaker 1: I don't think we're going to have like the twenty
• 6:32
  Speaker 1: five percent plus returns in the SMP like we've had
• 6:34
  Speaker 1: the last couple of years. I think we'll be lucky
• 6:36
  Speaker 1: to do half of that. But because of all these changes,
• 6:38
  Speaker 1: and it's been like a fire hose coming out of Washington,
• 6:41
  Speaker 1: I think it's going to create a lot of instability
• 6:43
  Speaker 1: in the market. So we're going to see a lot
• 6:45
  Speaker 1: of volatility, and I think it'll be like a twelve
• 6:47
  Speaker 1: round fight this year. We're going to go through twelve
• 6:50
  Speaker 1: rounds and get to the end of the year and
• 6:52
  Speaker 1: feel really beat up. But at the end, when you
• 6:54
  Speaker 1: look at your statements, I think they're going to be positive.
• 6:57
  Speaker 4: All right.
• 6:57
  Speaker 3: Well, you know I look at is that we now
• 7:00
  Speaker 3: find out that the prior and in it was basically
• 7:03
  Speaker 3: cooking all the books, the inflation numbers especially, but the
• 7:08
  Speaker 3: unemployment numbers, all of that, and if they were to
• 7:12
  Speaker 3: be restated, we might very well come to the determination
• 7:16
  Speaker 3: that unlike what the administration was telling us that everything
• 7:20
  Speaker 3: was fine, you know, basically, uh, it wasn't fine. Inflation
• 7:27
  Speaker 3: was actually running higher, and uh you know what does
• 7:31
  Speaker 3: that mean here?
• 7:33
  Speaker 1: Yeah, I think it's a reality check and and and
• 7:35
  Speaker 1: numbers like that coming out, it's definitely gonna wrek havoc
• 7:38
  Speaker 1: on the markets.
• 7:39
  Speaker 4: So we could.
• 7:40
  Speaker 1: Definitely see a big pullback this year on a big
• 7:43
  Speaker 1: retracement because we've been in a we've been a sideways
• 7:46
  Speaker 1: market now since like late October at this point, as
• 7:49
  Speaker 1: pretty much. You know, it hasn't hasn't done a whole
• 7:52
  Speaker 1: much of anything over that time frame, and there's not
• 7:55
  Speaker 1: a whole lot of buyers on the market. We're starting
• 7:57
  Speaker 1: to see that momentum slowing down. So if you start
• 7:59
  Speaker 1: han't had like that coming out that all the numbers
• 8:02
  Speaker 1: were wrong and things are worse and that they were
• 8:05
  Speaker 1: stated previously, I mean, we're definitely going to see a
• 8:08
  Speaker 1: big pullback in the market. So that's one of those
• 8:10
  Speaker 1: twelve rounds, right that we're going to get a little
• 8:12
  Speaker 1: beat up, I think moving forward to this year.
• 8:16
  Speaker 3: Yeah, well, it's clear that you know, they were doing
• 8:20
  Speaker 3: a lot of psyops on us, but you know, you
• 8:23
  Speaker 3: got to think that the people actually know knew in
• 8:28
  Speaker 3: their heart of hearts even though the numbers from the
• 8:31
  Speaker 3: government were painting a rosy scenario. But people actually knew
• 8:35
  Speaker 3: that things were not as good as they said, and
• 8:38
  Speaker 3: that's why they voted the way they did.
• 8:40
  Speaker 1: Absolutely, it was overwhelming, and you know, people, I think
• 8:44
  Speaker 1: over time, they've been disill miss led by the mainstream media.
• 8:49
  Speaker 1: There's just been a big propaganda machine just propping up
• 8:52
  Speaker 1: these narratives for over the last few years, and it's
• 8:55
  Speaker 1: like it's almost seemed like we were an opposite world,
• 9:00
  Speaker 1: like what's bad is good and what's good is bad,
• 9:02
  Speaker 1: and seeing now you're making up to that and getting
• 9:06
  Speaker 1: sick of it.
• 9:08
  Speaker 3: You know that CIA program once upon a time that
• 9:10
  Speaker 3: supposedly was ended long ago but really wasn't. Operation mocking Bird,
• 9:16
  Speaker 3: and that's basically where they send out the message and
• 9:19
  Speaker 3: the press like mockingbirds. They call it that because they
• 9:23
  Speaker 3: imitate each other. Uh, you know, we had the mocking
• 9:27
  Speaker 3: Bird press. And while some people maybe on the coasts
• 9:31
  Speaker 3: in Washington, d C. In California, in New York saw
• 9:37
  Speaker 3: it as yeah, everything's fine, the people in the flyover
• 9:40
  Speaker 3: country who largely determine who gets elected, didn't see it
• 9:45
  Speaker 3: that way, did they?
• 9:46
  Speaker 4: Not at all? Not at all.
• 9:48
  Speaker 1: And you just saw that all across the country with
• 9:53
  Speaker 1: the Trump rallies that you saw going on, I mean,
• 9:55
  Speaker 1: just people coming out in droves, and like you said,
• 9:58
  Speaker 1: those flyover states.
• 10:00
  Speaker 4: It's so you saw.
• 10:02
  Speaker 1: It by the numbers, even though that wasn't being represented
• 10:05
  Speaker 1: well by the mainstream media. I mean, you just you
• 10:08
  Speaker 1: just saw it and you felt that that you know
• 10:11
  Speaker 1: that the tide was turning, and the tides were turning,
• 10:13
  Speaker 1: and now this new administration that they're they're not messing
• 10:17
  Speaker 1: around like Trump came in the first four years and
• 10:20
  Speaker 1: you know, under all the circumstances, you know, he ended
• 10:23
  Speaker 1: up getting a lot of things done. And now he's
• 10:25
  Speaker 1: had kind of four years to prepare for for what's
• 10:28
  Speaker 1: going to be happening for the next four years. And
• 10:30
  Speaker 1: I think that I think that you know, we're going
• 10:33
  Speaker 1: to be in for change. If you're not good with change, right,
• 10:36
  Speaker 1: you're not you can be.
• 10:37
  Speaker 4: Like in this administration. But it's been yeah, it's been
• 10:40
  Speaker 4: one a month, you know, less than a month.
• 10:42
  Speaker 3: That it's been nineties from the day we're speaking on Tuesday,
• 10:48
  Speaker 3: February eighteenth, which is like can you believe it? Have
• 10:51
  Speaker 3: you ever seen anything like this. Let's put aside personal
• 10:55
  Speaker 3: political preferences, because they change like the weather, but just
• 11:00
  Speaker 3: the way they hit the ground running, it was like
• 11:03
  Speaker 3: time is of the essence.
• 11:04
  Speaker 4: You know.
• 11:05
  Speaker 3: It's like it reminds me when I'd be working on
• 11:07
  Speaker 3: some papers to file in court and I got like
• 11:10
  Speaker 3: eight hours to get them out, and it's like, just
• 11:13
  Speaker 3: leave me alone, let me do what I want to do,
• 11:16
  Speaker 3: and I'll talk to you later.
• 11:17
  Speaker 1: Right, Yeah, yeah, you don't you don't really have a
• 11:20
  Speaker 1: whole lot of time for anything. It's like been a
• 11:23
  Speaker 1: fire hose so far. But they've they're they're shotgunning and
• 11:26
  Speaker 1: stuff out there, especially with the with Elon Musk and
• 11:30
  Speaker 1: and the dog. Every every day something, you know, some
• 11:33
  Speaker 1: new kind of scandal is is coming out when Little
• 11:36
  Speaker 1: Superno is now it's old, right, is there actually gold
• 11:38
  Speaker 1: at Fort Knox?
• 11:40
  Speaker 4: Well, we're going to find out.
• 11:41
  Speaker 3: Uh, you know that's going to be interesting because what
• 11:46
  Speaker 3: if there's no gold in Fort Knox and all of
• 11:49
  Speaker 3: our enemies, our adversaries have been hoarding gold like crazy, right, Yeah,
• 11:54
  Speaker 3: well you've had that.
• 11:55
  Speaker 1: You've had Russia and China buying up gold like crazy
• 11:59
  Speaker 1: for a very long period of time.
• 12:01
  Speaker 3: Now it's like, yeah, for for a decade, they've been
• 12:04
  Speaker 3: doing it. You know, since I got into this space,
• 12:08
  Speaker 3: they have been doing it. So what Yeah, I guess right,
• 12:12
  Speaker 3: like Donald Rumsfeld said, there are known unknowns and then
• 12:16
  Speaker 3: there are unknown unknowns, And I don't know which is worse,
• 12:19
  Speaker 3: the unknown unknowns or the known unsownce here.
• 12:24
  Speaker 1: And it's just good though, a lot of this stuff
• 12:26
  Speaker 1: is just coming out because and unless we really know
• 12:28
  Speaker 1: what's going on, how can we possibly get better or system,
• 12:31
  Speaker 1: and everybody kind of feels it like it just seems
• 12:33
  Speaker 1: like the government's always have been putting band aids on things,
• 12:36
  Speaker 1: and yeah, kicking the fan artificially and you know, keeping
• 12:40
  Speaker 1: keeping the markets afloat. So at some point the things
• 12:43
  Speaker 1: are going to hit the fan and and we're going
• 12:45
  Speaker 1: to see a big move, but I don't know to
• 12:48
  Speaker 1: have a positive foundation to lift off of it. At
• 12:51
  Speaker 1: this point, I feel like the country almost needs that absolutely.
• 12:55
  Speaker 3: And look, you're intelligent, you work with money. You always
• 12:59
  Speaker 3: knew that the money was getting wasted, right, You knew
• 13:02
  Speaker 3: it because you know, you know the government, it's other
• 13:06
  Speaker 3: people's money, er PM, and they don't care as long
• 13:10
  Speaker 3: as their nest gets feathered. But you didn't know the specifics.
• 13:14
  Speaker 3: You knew the macro. The macro is obvious for anybody
• 13:18
  Speaker 3: who looked at it. But the micro is way worse
• 13:21
  Speaker 3: than we could have ever imagined. I mean, without getting
• 13:25
  Speaker 3: into everything they were wasting money on. So bringing it
• 13:28
  Speaker 3: back though, what's your doge insurance portfolio?
• 13:32
  Speaker 4: Look like? Yeah, it's going.
• 13:36
  Speaker 1: To be interesting to see all the different things that
• 13:39
  Speaker 1: come out here. But one of the things, you know,
• 13:42
  Speaker 1: like I was talking about that rule of one hundred
• 13:43
  Speaker 1: making sure there's so much money safe and it's not
• 13:45
  Speaker 1: tied to the market. It's the problems come in when
• 13:47
  Speaker 1: everybody has too much of their money tied to the
• 13:50
  Speaker 1: daily market. So we use a lot of things like
• 13:52
  Speaker 1: structured notes and things of that nature that aren't really
• 13:57
  Speaker 1: affected by the day to day markets. But like the stuff,
• 14:00
  Speaker 1: you know, moving forward, like with all of this stuff,
• 14:02
  Speaker 1: you know, technology is going to be a big driver.
• 14:05
  Speaker 1: AI is going to be a big driver. So probably
• 14:07
  Speaker 1: your magnificent seven stocks you're going to probably fare pretty
• 14:10
  Speaker 1: well this year. And and things like energy. When it
• 14:13
  Speaker 1: comes to infrastructure, we've got these big data centers that
• 14:17
  Speaker 1: are being built all around Atlanta here. You've got a
• 14:20
  Speaker 1: bunch of tech companies, so you've got a lot of
• 14:22
  Speaker 1: these massive data centers and they need energy to support
• 14:26
  Speaker 1: these these big centers. So I think focusing on infrastructure
• 14:30
  Speaker 1: like that, semiconductors, things things of that nature. Even even
• 14:34
  Speaker 1: some gold, right, especially if they don't find the gold
• 14:36
  Speaker 1: in four knocks, right, is going to you know.
• 14:39
  Speaker 3: Be at the gold in your fillings might be the
• 14:42
  Speaker 3: only thing you have that's worth any money. And they
• 14:44
  Speaker 3: don't even use golden fillings anymore, Patrick.
• 14:47
  Speaker 4: You know exactly all right?
• 14:49
  Speaker 3: Hey, so uh Della Advisors dot com. That's the place
• 14:54
  Speaker 3: to go, Yes, find out more info. You can always
• 14:58
  Speaker 3: send us an email k l at Harry LUTs dot
• 15:01
  Speaker 3: com and a link to patrick site is in the show.
• 15:05
  Speaker 3: That's to this interview on Financial Survival Network dot com.
• 15:09
  Speaker 3: All we ask is that when you visit the site,
• 15:11
  Speaker 3: you please sign up for your free newsletter. Over seventy
• 15:15
  Speaker 3: thousand of you have done it so far. We're getting
• 15:17
  Speaker 3: so many because of the uncertainty, because nobody knows what's
• 15:21
  Speaker 3: going to happen. We've been tracking these trends Patrick for
• 15:24
  Speaker 3: fourteen years since I started this podcast, and as a result,
• 15:29
  Speaker 3: we've called all this. I can't say I called it
• 15:32
  Speaker 3: to the day and I never expected the system to
• 15:36
  Speaker 3: attempt to heal itself, which is basically what Trump's election
• 15:40
  Speaker 3: is about. But the fact is this was obvious. You
• 15:44
  Speaker 3: could see it coming a mile away. If they save
• 15:47
  Speaker 3: a trillion and a half dollars Patrick on the budget,
• 15:50
  Speaker 3: and then they bring in another half a trillion in tariffs,
• 15:54
  Speaker 3: the world's looking like a different place.
• 15:56
  Speaker 4: Isn't it. It's going to get a whole lot better
• 15:58
  Speaker 4: that's for sure. I think they're going to do it.
• 16:01
  Speaker 4: For sure.
• 16:01
  Speaker 1: They're they're on a mission, and all the right people
• 16:03
  Speaker 1: are getting confirmed and getting put into the right places,
• 16:06
  Speaker 1: and it's it's going to it's going to be a masterclass,
• 16:09
  Speaker 1: I think, and and what what can be what can
• 16:12
  Speaker 1: be achieved.
• 16:13
  Speaker 3: I just have to pass this on to you. I've
• 16:15
  Speaker 3: worked with governments, you know, courts. I was an attorney
• 16:20
  Speaker 3: for thirty five years. And the inefficiency, the incompetence, the
• 16:25
  Speaker 3: time wasting ability, you know, we've got to see a
• 16:29
  Speaker 3: dramatic restructuring of our legal system.
• 16:31
  Speaker 4: Okay, I you know.
• 16:34
  Speaker 3: I wanted to do a podcast and a website called
• 16:37
  Speaker 3: the Legal Theft, which basically deals with all the ways
• 16:41
  Speaker 3: that attorneys screw over their clients. But this thing is
• 16:45
  Speaker 3: out of control. And they asked Donald Trump who's the
• 16:48
  Speaker 3: most powerful lobby in Washington and he said the lawyers.
• 16:52
  Speaker 3: So I guess everything in its time, and I'm sure
• 16:56
  Speaker 3: that's coming too. But we've become I'm a society that
• 17:00
  Speaker 3: doesn't attempt to basically quickly resolve disputes. We've been a
• 17:07
  Speaker 3: society that intentionally prolongs them to generate fees for attorneys
• 17:13
  Speaker 3: and as one famous writer said, uh, when they had
• 17:18
  Speaker 3: the line of prisoners going in to be arraigned, they call.
• 17:22
  Speaker 4: That the chow.
• 17:23
  Speaker 3: Well, we're the chow of the legal system, and until
• 17:26
  Speaker 3: that gets resolved, we're not really going to be able
• 17:29
  Speaker 3: to solve anything.
• 17:31
  Speaker 1: And you're seeing that a lot with judges, with some
• 17:33
  Speaker 1: of that information that just came out, with judges basically
• 17:36
  Speaker 1: getting money from the USAID through the MgO's and getting
• 17:42
  Speaker 1: paid off, and it's it's unbelievable, like with a lot
• 17:45
  Speaker 1: of these judges what they're doing and trying to stop,
• 17:47
  Speaker 1: like like right now, trying to stop the president as
• 17:50
  Speaker 1: administration from finding the fraud inside of.
• 17:54
  Speaker 4: Yeah, well it's kind of we're just like a huge
• 17:57
  Speaker 4: cover up.
• 17:57
  Speaker 1: That's the rats are starting to jump the sh Did
• 18:00
  Speaker 1: you see that in the news all the homes going
• 18:03
  Speaker 1: up for sale and everything, and.
• 18:04
  Speaker 3: Yeah, over fifteen thousand homes and prices were down substantially.
• 18:10
  Speaker 3: And it's kind of like that guy said in Vietnam
• 18:13
  Speaker 3: we had to kill the village to save it. We
• 18:15
  Speaker 3: kind of have to kill our government to save the country. Here,
• 18:19
  Speaker 3: we'll leave it at that, Thanks so much for coming on,
• 18:21
  Speaker 3: and we'll talk to you again so pleasure.
• 18:22
  Speaker 4: Thank you Kerris, thanks for having me.
• 18:24
  Speaker 2: Thanks for listening to carry Lets's Financial Survival Network, your
• 18:28
  Speaker 2: solution to today's trying times. For the latest, go to
• 18:32
  Speaker 2: Financial Survivalnetwork dot com. Financial Survival Network now more than ever,