Latest / Financial Survival Network / Gold's Bull Market Isn't Over - John Rubino #6405

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Gold's Bull Market Isn't Over - John Rubino #6405 · Financial Survival Network

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Speaker 2: Welcome. This is Financial Survival Network. I'm your host, Carrie Letz.
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Speaker 2: John Rabino is with us. John, it's been too long.
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Speaker 2: We have a lot to talk about. Well, at least
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Speaker 2: Cuba will be free soon. They might all be starving
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Speaker 2: to death, but they're going to be free one way
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Speaker 2: or the other. Right, Hey, Carrie, Yeah, it has been
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Speaker 2: too long. Let's make it not that long next time.
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Speaker 2: You know, I'm on the other side of this forever
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Speaker 2: war thing.
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Speaker 3: You know, I don't think Iran should have happened, and
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Speaker 3: now I'm just talking about taking over Cuba.
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Speaker 2: I wish we'd stop it. I can.
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Speaker 3: I can see the the argument that the outcomes will
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Speaker 3: be positive down the road. But man, you know, I
1:11
Speaker 3: hate that there's a civil war now in the Maga
1:14
Speaker 3: community because the original the Maga Ogs, you know, they
1:19
Speaker 3: were anti war and trauma promised them no war. So
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Speaker 3: the Marjorie Taylor Greens and Thomas Massey and Tucker Carlson
1:27
Speaker 3: and Tulsi Gabbart, you know, and now they're all they're
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Speaker 3: all kind of Trump's enemies now. So I'm hating that
1:34
Speaker 3: dynamic because that was that was a dream team at
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Speaker 3: one point, you know, where you had Tucker Carlson and
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Speaker 3: Tulci Gabbard and the viag Ramaswami and and you know
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Speaker 3: three or four other guys who are just brocking, you know,
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Speaker 3: really good politicians, smart people, and they were all anti war,
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Speaker 3: and He's managed to antagonize almost all of them.
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Speaker 2: And I'm sorry about that. You know.
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Speaker 3: I hope all this stuff ends like the uh, the
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Speaker 3: war was almost over like three days ago, and now
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Speaker 3: it's back on again, and you know, hopefully it out yet.
2:08
Speaker 3: And you know, because we're kind of under under the
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Speaker 3: clock now or on the clock now because midterm elections
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Speaker 3: are coming up and if they happened today, just based
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Speaker 3: on current polling, it would not go well for the Republicans.
2:21
Speaker 3: So they know they've got to settle this stuff, get
2:25
Speaker 3: gas prices down, and make the world placid for the
2:29
Speaker 3: people who are going to go vote in November, and
2:31
Speaker 3: there's not a lot of time left for that. So anyhow,
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Speaker 3: I'm long story or long answer to what could have
2:37
Speaker 3: been simple question. But I hope we get all get
2:41
Speaker 3: past all this stuff in a hurry and then go
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Speaker 3: back to quote unquote normal, which who knows, well if
2:48
Speaker 3: you look.
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Speaker 2: Like you pulled the Maduro out of there. And basically
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Speaker 2: Marco Rubio is running Venezuela.
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Speaker 3: See Marco Rubio is one of the neocons who he
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Speaker 3: is at war with the old style Maga people. And
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Speaker 3: the neocons have won. You know, they've basically at the moment,
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Speaker 3: taken over Washington because the Democrats were always on board
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Speaker 3: for any kind of war that we could start, because
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Speaker 3: they're on the take from the military industrial complex, et cetera,
3:18
Speaker 3: et cetera, so they you know, they are they make
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Speaker 3: money when there's war, so they're not really anti war
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Speaker 3: at all. And then the Republicans have traditionally been the
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Speaker 3: war party, you know, so most of those guys are
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Speaker 3: still hawks, and so now they're in charge. And you know,
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Speaker 3: for the people who voted for Trump because he was
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Speaker 3: anti war, this is not a happy outcome.
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Speaker 2: No, But on the other hand, I think Cuba is
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Speaker 2: going to fall literally any day. They've got disease running
3:54
Speaker 2: through there. The US is going to have to go
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Speaker 2: in there, you know, because the disease is going to
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Speaker 2: read across the straits of Florida into the US. You know.
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Speaker 3: Well, you know, we could fix the whole Cuba thing
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Speaker 3: by being nice to them. If we just said, Okay,
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Speaker 3: you know, we're going to let Americans travel and invest
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Speaker 3: in you and everything, and let's you know, we'll give
4:17
Speaker 3: you some foreign aid and help you get on your
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Speaker 3: feet and then we'll be friends. You know, they could
4:23
Speaker 3: have totally done that, and in just another decade, let's
4:27
Speaker 3: say after that, the communists would be gone, and it
4:30
Speaker 3: would be like a Vietnam scenario where they were there
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Speaker 3: are bitter enemies until they won and we left, and
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Speaker 3: now they're a capitalist country.
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Speaker 2: So we got the way. Well, it's in Vietnam last summer,
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Speaker 2: remember I do remember that book, And they're like our
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Speaker 2: best friends. All of them want to come here. That's
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Speaker 2: what's funny. So all we had to do was leave
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Speaker 2: them alone. Yeah, brand you know.
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Speaker 3: Everybody, I mean, there's no country where the majority is
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Speaker 3: not a liberal capitalists. You know, everybody wants to start
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Speaker 3: their own business. Everybody wants to be free to live
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Speaker 3: their lives within reason and everything, and so politically they
5:14
Speaker 3: usually come around to that if they're left alone instead
5:17
Speaker 3: of tormented all the time.
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Speaker 2: Yeah, but you know, these neocons just cannot leave it
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Speaker 2: well enough around and nothing ever happens fast enough for them,
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Speaker 2: so they're always causing trouble here, and this is what
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Speaker 2: we're left with.
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Speaker 3: Well, I mean, I think as soon as they said
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Speaker 3: Earli Wran, they will go into Cuba. You're right about
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Speaker 3: what's going to happen. I'm just saying, I'm sorry that
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Speaker 3: is going to go that way.
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Speaker 2: We've pushed Cuba over the edge and they aren't willing
5:48
Speaker 2: to like give in at this point. But they're finished.
5:52
Speaker 2: They're completely finished, the whole castro regime. They're like it's
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Speaker 2: over for them. There is no the people are They
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Speaker 2: can't ride in the streets, so what they do at
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Speaker 2: two in the morning is bank pots and pans, thousands
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Speaker 2: of them at once. And the whole place, you know,
6:10
Speaker 2: having been there a couple of times ten years ago,
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Speaker 2: is just utter shambles. It's like everything is falling apart, collapsing.
6:18
Speaker 2: So we just gave them a little push. They want
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Speaker 2: to blame it on the United States, they can, but
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Speaker 2: this was the path. Socialism always winds up this way.
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Speaker 2: You know, it's just convenient when you're right by the
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Speaker 2: United States and you can blame everything on the US.
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Speaker 2: But socialism always collapses.
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Speaker 3: Yeah, that's how socialist countries support themselves is they define
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Speaker 3: an evil enemy and they say, look, I'm the only
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Speaker 3: one standing in the way of the US doing whatever,
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Speaker 3: and so if we just didn't do whatever, you know,
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Speaker 3: if we were standing by to help instead of to invade,
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Speaker 3: then the you know, the authoritarian government would have a
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Speaker 3: lot harder time staying in power.
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Speaker 2: Yeah. Yeah, well it's that it's kind of like Judo,
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Speaker 2: you know, where you use your adversary's power against them
7:14
Speaker 2: or taekwon do. Really, that's where you know, you're rushing
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Speaker 2: after the guy and he just like catches your thumb
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Speaker 2: and the next thing you know, you're sprawled out on
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Speaker 2: the floor in total agony. And that's what kind of
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Speaker 2: happens to the United States, rather than just allowing the
7:31
Speaker 2: process to unfold. And uh yeah, so what the heck's
7:36
Speaker 2: going on with precious metals? I Mean, we seem like
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Speaker 2: such a beatdown. I mean, in a way, it's not
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Speaker 2: really surprising, you know, it's just that how much longer
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Speaker 2: can the bleeding continue, especially when the debt continues to
7:53
Speaker 2: go up, when uncertainty, all those situations in the world
7:59
Speaker 2: you would think would lead to higher mental prices, and
8:03
Speaker 2: yet we're seeing the opposite.
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Speaker 3: Well, yeah, it has been brutal. And here's how you
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Speaker 3: tell a brutal correction from a circular high secular high
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Speaker 3: that's going to go down for the next ten years.
8:19
Speaker 3: In you know, when when things are changing in a
8:24
Speaker 3: long term way, then the underlying fundamentals are changing. In
8:30
Speaker 3: other words, you know, in the nineteen seventies, gold and
8:32
Speaker 3: silver went way up. But how you could tell that
8:36
Speaker 3: it was the end of the road in nineteen eighty
8:39
Speaker 3: was that the government was raising interest rates aggressively to
8:43
Speaker 3: counteract inflation. So in interest rates went up to double
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Speaker 3: digital levels and gold and silver crashed. So but that's
8:50
Speaker 3: not happening now. Now, gold and silver had a really
8:53
Speaker 3: nice run and they corrected. But the underlying problems that
8:57
Speaker 3: we have, which is massive increases in government debt everywhere
9:01
Speaker 3: where you look, and soaring interest costs on that debt.
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Speaker 3: Those things aren't changing at all. Those are embedded problems
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Speaker 3: that one are not going to change, and two are
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Speaker 3: going to force governments they're going to have no choice
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Speaker 3: but to inflate away their currencies to manage their debt costs.
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Speaker 3: So the fundamentals have not changed for gold and silver,
9:24
Speaker 3: and we're still in a long term bal market, and
9:29
Speaker 3: that means that we're getting close to an entry point here.
9:31
Speaker 3: You know, I don't know what the bottom is in
9:33
Speaker 3: this market, but we're probably getting pretty close to it.
9:37
Speaker 3: And gold bugs ought to be looking at their favorite assets.
9:42
Speaker 3: You know, which stocks would you like to add more
9:45
Speaker 3: of than you know, what kind of gold and silver
9:48
Speaker 3: physical do you want to continue to stack? Oh, by
9:52
Speaker 3: the way, the stacking story is a separate one. That's
9:55
Speaker 3: also really interesting because right now, if you go to
9:58
Speaker 3: app mex or someplace like that to see what, for instance,
10:02
Speaker 3: silver eagles are selling for, they're selling way over spot
10:08
Speaker 3: price and they're offering to buy at way below spot price.
10:14
Speaker 3: And the reason for that is that when when silver
10:17
Speaker 3: in particular really spiked, a lot of people just went
10:20
Speaker 3: and got their silverware and their jewelry, brought it in
10:23
Speaker 3: and you know, they're yeah, so there was massive selling
10:26
Speaker 3: coming out of the woodwork, and that's destabilizing the market
10:32
Speaker 3: for the dealers, so they're kind of trying to calm
10:34
Speaker 3: things down by widening their spreads. They'll pay less and
10:39
Speaker 3: they'll offer less right now, and so that's really bad
10:45
Speaker 3: if you're a stacker because you're trying to buy something
10:51
Speaker 3: the price isn't favorable. You have to pay an extra
10:54
Speaker 3: eight or ten dollars per ounce. But if you're a seller,
10:58
Speaker 3: it's also not favorable because you go in and they're
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Speaker 3: offering you way below spot for your silver. So this
11:04
Speaker 3: is just a bad time to be messing around with physical.
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Speaker 2: Well, that could be the best time, as we know
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Speaker 2: from the past when these type of anomaloust situations occur.
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Speaker 2: And in my special Living the Silver Back Lifestyle Report,
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Speaker 2: which for you Substack subscribers out there, it's available and
11:25
Speaker 2: you just have to sign up, I actually cover how
11:29
Speaker 2: you buy silver below spot regularly, consistently and with no risk,
11:37
Speaker 2: and that is my proprietary eBay method where I can
11:42
Speaker 2: pick out to this day, it doesn't matter how high
11:46
Speaker 2: the price goes or how low, I can always find
11:49
Speaker 2: you silver below spot right now, like the least desirable
11:55
Speaker 2: silver are like war nickels. They're thirty five percent silver,
12:00
Speaker 2: and the refiners hate them until they can't find any silver,
12:05
Speaker 2: then they love them. And the same with forty percent
12:08
Speaker 2: silver half dollars Kennedy halfs from sixty five to seventy,
12:14
Speaker 2: I believe. But you don't have to buy them. You
12:17
Speaker 2: can buy ninety percent junk silver, as we call it,
12:21
Speaker 2: and still find it for ten to twenty percent below
12:25
Speaker 2: spot value, which means that people selling it on eBay
12:29
Speaker 2: it's costing them fifteen percent off the top to sell it.
12:33
Speaker 2: They're really taking a beating, but they're getting a better
12:36
Speaker 2: deal than in coin shops.
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Speaker 3: I guess yeah, you know, because one of the things
12:41
Speaker 3: I use as a tagline on substack is keep stacking,
12:45
Speaker 3: you know, because people should be just gradually adding to
12:48
Speaker 3: their physical hordes out there. But this is just a
12:52
Speaker 3: tough time for it because you can't. It's not as
12:54
Speaker 3: simple to do now, because you can't just go into
12:56
Speaker 3: a coin dealer and pick up cheap ounces or get
13:01
Speaker 3: a good price on what you want to say. You
13:03
Speaker 3: just can't do that now, and I'm glad there are
13:06
Speaker 3: some tricks that work.
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Speaker 2: You know.
13:07
Speaker 3: I inherited a big bag of junksilver. But I've never
13:10
Speaker 3: known what to do with, you know, because you have
13:12
Speaker 3: to make that ninety percent calculation to figure out what
13:15
Speaker 3: you've really got, and I'm inherently too lazy to do that.
13:20
Speaker 2: But it's actually there's a website that will do it
13:24
Speaker 2: for you, jah called owningflation dot com. And if you're
13:30
Speaker 2: dealing with ninety percent, it will tell you how much
13:35
Speaker 2: the melth value of the silver per dollar is worth.
13:40
Speaker 2: You know, I haven't looked at it lately. It was
13:42
Speaker 2: up to seventy something dollars per space. It's probably in
13:48
Speaker 2: the fifty sixty range right now. Maybe it's less. I
13:51
Speaker 2: don't know, Like I could take a look at it
13:53
Speaker 2: here and so coin coionflation dot com. And of course
14:01
Speaker 2: it tells me a block because I have a VPN,
14:04
Speaker 2: and it doesn't like that I use a VPN in
14:07
Speaker 2: any event, to just go there, don't use your VPN.
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Speaker 2: And highly highly recommended because it gives the value of
14:16
Speaker 2: every silver coin ever minted in the world. And like
14:20
Speaker 2: in Canada they had eighty percent junk. In Mexico they
14:24
Speaker 2: had their own thing, and from there you can tell
14:28
Speaker 2: it's a very simple calculation.
14:31
Speaker 3: And yeah, but then you still have to find a
14:34
Speaker 3: dealer willing to give you that price.
14:37
Speaker 2: You can, you can probably ten to fifteen percent below
14:43
Speaker 2: spot is what they're going to offer you. But that
14:46
Speaker 2: can change so fast. And nothing has changed the fact
14:49
Speaker 2: that we have an underlying shortage deficit of silver where
14:55
Speaker 2: we're consuming way more. And just today I heard that
14:59
Speaker 2: Elon Musk is building in Houston, of all places, the
15:02
Speaker 2: mother of all uh uh, what do you call it?
15:07
Speaker 2: The solar panel factories, the biggest in the world. And
15:13
Speaker 2: guess what, guess what you need for that? Right, that's
15:16
Speaker 2: what you can do without, right.
15:20
Speaker 3: And and you know, Toyota just announced a solid state
15:23
Speaker 3: EV battery that has phenomenal specs. You know, it goes
15:28
Speaker 3: a really long way on a five minute charge, et cetera,
15:31
Speaker 3: et cetera. And most of the solid state battery formulas
15:37
Speaker 3: that are emerging now use silver, use more silver than
15:42
Speaker 3: any v with solid state battery. So that's another thing.
15:46
Speaker 3: So anyhow, the supply demand equation for silver is still good.
15:51
Speaker 3: You know, it's still a good story. And see that
15:54
Speaker 3: that's what you have to keep in mind during a correction,
15:59
Speaker 3: is okay? Is this stories still intact? And the supply
16:02
Speaker 3: story for silver is definitely still intact, and the dollar
16:08
Speaker 3: debasement story for big governments that's intact too. So yeah,
16:12
Speaker 3: so you know, at some point I'm putting in little
16:14
Speaker 3: ball bids on some of the better silver stocks now
16:17
Speaker 3: and gold miners and getting hit with some of them,
16:21
Speaker 3: but not yet with some other ones. So I'd be
16:24
Speaker 3: okay with another bad couple of weeks in order to
16:27
Speaker 3: get those low ball bids hit, but beyond that it
16:30
Speaker 3: needs to start going back up.
16:32
Speaker 2: Yeah. Yeah, And another thing many of you aren't aware
16:37
Speaker 2: of out there the US is having an infrastructure boom.
16:40
Speaker 2: There are more like mega projects, all obviously being financed
16:45
Speaker 2: with debt that will never get paid back. That's a
16:47
Speaker 2: different story. But every mega project requires some silver. You know,
16:53
Speaker 2: whether it's wiring and buildings or you know, electronics, whatever
16:59
Speaker 2: it is, all runs on silver. So the mega project boom,
17:04
Speaker 2: like every airport you go to in the country now
17:08
Speaker 2: is going through this massive expansion. Dallas, JFK, even Miami,
17:14
Speaker 2: the worst airport in the country arguably Lax, all going
17:21
Speaker 2: through these massive expansions, and silver is at the core.
17:25
Speaker 2: It's not a lot of silver, but you know, maybe
17:27
Speaker 2: it's ten thousand ounces that were needed for all the
17:31
Speaker 2: electrical stuff there. It's all going to add up.
17:35
Speaker 3: So yeah, interesting, No, it is definitely going to add up,
17:40
Speaker 3: and we will eventually run out of above ground stocks
17:44
Speaker 3: of silver, and then then we'll have the parabolic run.
17:48
Speaker 3: And so the question is what do we want to
17:50
Speaker 3: do with this correction? And I would say keep adding.
17:55
Speaker 3: You know, now it's on sale, so keep dollar cost averaging,
17:59
Speaker 3: use low all bid, see what happens, and then at
18:01
Speaker 3: some point it turns.
18:02
Speaker 2: Around exactly exactly. Ay, So we haven't talked since SpaceX
18:09
Speaker 2: did its thing, and we haven't talked about AI in
18:13
Speaker 2: quite a while. Now they're going to put AI data
18:17
Speaker 2: centers up in space, and man, we're going to Mars.
18:23
Speaker 2: I don't know where we're not going, but we're going
18:25
Speaker 2: all over the place here. And even though like the
18:30
Speaker 2: economy shot, everything's crazy, you know, we're moving ahead to
18:36
Speaker 2: some extent. Whether AI is going to enslave us all
18:39
Speaker 2: in the long run, which I have my concerns about,
18:44
Speaker 2: or just decide that we're completely unnecessary and taking up
18:49
Speaker 2: valuable resources on the planet and we need to be eliminated,
18:53
Speaker 2: I don't know what the answer is. John but I
18:56
Speaker 2: do know that this is a period of time where
19:00
Speaker 2: more advancements are going to take place and more revolutionary innovations.
19:07
Speaker 2: Whether they're good or not, I'm not saying, but this
19:10
Speaker 2: is what's happening now.
19:13
Speaker 3: You know what, wouldn't it be amazing if with all
19:17
Speaker 3: the troubles that we have right now, a decade from now,
19:20
Speaker 3: it's like the Jetsons, you know, flying cars, robot maids.
19:24
Speaker 2: Things like that.
19:25
Speaker 3: You know, those things are absolutely coming. So it's going
19:29
Speaker 3: to be really interesting to see if the problems that
19:32
Speaker 3: we have, you know, massive government debt, gigantic financial crisis,
19:35
Speaker 3: on the way AI stock, bubble dustin the burst, you know,
19:39
Speaker 3: all of those things are true also, So it's going
19:42
Speaker 3: to be interesting to see how we get through the
19:46
Speaker 3: inevitable problems that come from our past mistakes and see
19:49
Speaker 3: if we come out on the other side in technologically
19:53
Speaker 3: good shape. You know, we can hope, because that would
19:56
Speaker 3: be a very cool future if it worked out that way.
19:59
Speaker 2: Yes, I certainly would, and we can only hope that
20:05
Speaker 2: it's for the better, certainly health wise. You can see,
20:10
Speaker 2: you can already see effects start streaming in even when
20:15
Speaker 2: you're like trying to figure out what's wrong with you yourself?
20:19
Speaker 2: You know, the AI can really help. I wouldn't say
20:22
Speaker 2: it's a substitute for a doctor, hardly not saying that.
20:25
Speaker 2: I'm just saying that, really it's it's changing everything the
20:32
Speaker 2: way we know it, even like self driving vehicles, like
20:36
Speaker 2: in my Tesla, it's now driving ninety six percent of
20:39
Speaker 2: the time, and literally I am along for the ride,
20:43
Speaker 2: and I will admit I've actually dozed off a couple
20:46
Speaker 2: of times and it didn't notice, it didn't seem to
20:50
Speaker 2: care that I You know, I was in traffic on
20:54
Speaker 2: ninety five and we're barely creeping along and I just
20:58
Speaker 2: closed my eyes for a minute or maybe less, and
21:03
Speaker 2: no problem. So just that when you can like be
21:08
Speaker 2: stopped driving though the robotaxis, they're just out on the horizon.
21:14
Speaker 2: One or two software releases, they're going to be out there,
21:18
Speaker 2: and then you know, this is like nothing we've ever
21:21
Speaker 2: encountered before, the all degree of driving. If you have.
21:26
Speaker 2: I used to have an hour and fifteen minute drive
21:29
Speaker 2: from where I lived in Westchester County to Lower Manhattan.
21:33
Speaker 2: It was horrible. If I left at six thirty, I
21:37
Speaker 2: could get there in forty five minutes. If I left
21:39
Speaker 2: at seven. I got there at eight thirty in an
21:43
Speaker 2: hour and a half, so there was no good time
21:45
Speaker 2: to leave. And now, like, you'll be able to be
21:50
Speaker 2: able to work and you could have zoom calls and
21:53
Speaker 2: you could do podcasts, you could listen to them. You
21:56
Speaker 2: could be watching youtubees. I mean, you could be trading
22:00
Speaker 2: in your car for that matter, if you have enough monitors. Right,
22:03
Speaker 2: And it's going to change everything, well.
22:07
Speaker 3: Yeah, technology creates basically servants that rich people used to
22:13
Speaker 3: be able to or can curl any for. Like, you
22:15
Speaker 3: can have a driver if you're a Risch car do
22:18
Speaker 3: this stuff. But everybody who can't afford a driver will
22:22
Speaker 3: soon get the equivalent of a human driver with a
22:26
Speaker 3: self driving car. So all of a sudden you're living
22:28
Speaker 3: the rich person life, you know, at least in that
22:31
Speaker 3: aspect where you can work or sleep. I still can't
22:34
Speaker 3: get over till you sleep in your car on in
22:37
Speaker 3: Florida traffic. It gives me a little stomach ache just
22:40
Speaker 3: thinking about that.
22:42
Speaker 2: It's that I didn't do it for a prolonged period
22:45
Speaker 2: of time. I literally just that's how much I trusted.
22:48
Speaker 2: I close my eyes.
22:49
Speaker 3: Okay, good, Just don't make a habit of that. I
22:52
Speaker 3: don't want to see what happens.
22:54
Speaker 2: Since the high tech versions, the really advanced versions come out.
22:58
Speaker 2: I've traveled over fifteen thousand miles in full self driving,
23:03
Speaker 2: so you know, like it's not a habit I want
23:06
Speaker 2: to get into. And probably you know, there's people listening
23:10
Speaker 2: think I should be locked up, But that's how good
23:13
Speaker 2: it is. So you know, what can I say? It
23:18
Speaker 2: is definitely coming. I mean.
23:22
Speaker 3: The way that self driving has progressed in just the
23:25
Speaker 3: last few years kind of implies that it's going to
23:28
Speaker 3: be almost fool proof, you know, in another few years.
23:31
Speaker 3: So that is coming. I just you know, personally, I
23:35
Speaker 3: want to wait until it's perfected completely before I trust it.
23:40
Speaker 3: But you know, you're trustling it and it's working for you.
23:44
Speaker 2: It's we're that close. That's the great thing. And you know,
23:49
Speaker 2: it's it's really been the amazing experience, you know, having
23:55
Speaker 2: driven so much myself before there was full self driving.
23:59
Speaker 2: Now I get into a a and I actually have
24:01
Speaker 2: to drive it and I have to like kind of
24:03
Speaker 2: remember what I'm doing here. So and you know, the
24:08
Speaker 2: whole concept of education written about this, you have two
24:13
Speaker 2: like educations totally lipped. Now it's going to shortly, there's
24:19
Speaker 2: just the ability to tell our learning to the individual
24:23
Speaker 2: rather than tailing tailoring it to the middle. So the
24:27
Speaker 2: kids who are slow they get screwed, and the kids
24:30
Speaker 2: who are fast learners they get screwed, and the hypothetical middle.
24:35
Speaker 2: That's what education is geared towards. And yeah, they have advanced,
24:41
Speaker 2: you know, courses for the fast learners and remedial but
24:46
Speaker 2: the whole system is a mess. It stopped working a
24:49
Speaker 2: long time ago. So maybe there's some hope there that
24:52
Speaker 2: we get back, we recapture education as a priority and
24:59
Speaker 2: that can really adapt to the individual learner, which it
25:04
Speaker 2: can't right now.
25:05
Speaker 3: Yeah, the potential for individualized education is exciting, and the
25:13
Speaker 3: risk of kids just completely depending on AI and never
25:18
Speaker 3: learning how to do anything themselves is scary. So we
25:21
Speaker 3: have to figure out how to get the good without
25:23
Speaker 3: the bad. And you know, we'll see that can be
25:27
Speaker 3: a free market thing, where charter schools just figure out
25:32
Speaker 3: how to do it and then everybody else adopts those
25:35
Speaker 3: ghost practices.
25:36
Speaker 2: We'll have to see, but I hope that's the way
25:37
Speaker 2: it works out. Hey, And no interview would be complete
25:44
Speaker 2: without me pushing my latest book just came out here,
25:48
Speaker 2: the All News Speeder's Guide to Avoiding Tickets. It's fifty
25:52
Speaker 2: years of fifty plus years worth of driving experience. I've
25:57
Speaker 2: mastered it. There was a state trooper that wrote the
26:00
Speaker 2: original speeders Guide to Avoiding Tickets back in the early nineties,
26:05
Speaker 2: and I've just added to that, gone into technology, psychological
26:11
Speaker 2: ways to handle a stop, and also courtroom strategies adjourn
26:17
Speaker 2: adjourn adjourn, especially if it's a state trooper involved, because
26:21
Speaker 2: there's a good chance he won't be there. You can
26:24
Speaker 2: find it at Speedersguide dot com, on Amazon and wherever
26:28
Speaker 2: fine books used to be sold. Right now, it's just
26:31
Speaker 2: the ebook, but the hard copies will be out soon.
26:35
Speaker 2: And we'll leave it at that and make sure you
26:37
Speaker 2: sign up. Go over to John's substackrabino dot substack dot
26:42
Speaker 2: com and check out his writing. The best on the Internet,
26:49
Speaker 2: I have always said, John and some of the most prolific.
26:53
Speaker 2: And I guess we'll pick up in a few weeks
26:57
Speaker 2: where we left off. John. Thanks, Garry, talk to you soon.
27:00
Speaker 1: Thanks for listening to Carrie Letz's Financial Survival Network, your
27:04
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