Latest / The Big Mig Show / Global Finance Forum Powered By Genesis Gold Group |EP445
Transcript
- 0:01Welcome back to the Big Big Show global Finance Forum, of course,
- 0:04powered by Genesis Gold Group with your hosts.
- 0:08Jacob Diaz, who's running a little late today.
- 0:10He got caught up in traffic so he'll be joining us shortly.
- 0:12Of course, myself, Lance Miliaccio and George Ballantine
- 0:15from Bullion to Borders, you know, we are your go to source
- 0:18for Cutty Jack insights into the world of finance.
- 0:21And of course, Genesis Gold Group believes in empowering
- 0:24faith driven stewardship where gold and silver are an integral
- 0:28part of a balanced portfolio, protecting your finances.
- 0:31Telling you right now, never more important than right at
- 0:34this moment. You've seen a lot of instability
- 0:36going on, so you want to think about precious metals because
- 0:39it's never been more crucial. Join us as we explore the forces
- 0:42shaping global markets, the power of precious metals, and
- 0:46the dynamics that influence economies across borders.
- 0:50George balancing my brother. How are you, man?
- 0:52I'm good, I'm good. I'm a little congested today,
- 0:55maybe a little cold, you know? Yeah, you seemed like you were a
- 0:58little off yesterday. I did give you some good advice,
- 1:00but I think you just threw it to the curb.
- 1:03No, I was busy running to go pick up the server, the Mac
- 1:08Studio, and turns out that still ain't working.
- 1:11What they said they fixed. So I was trying to figure it out
- 1:14last night and you know, got to go back tomorrow.
- 1:18Now it is. What it is at the end of the
- 1:20day, that's the tech world. Thank goodness we have a back up
- 1:23plan for you guys so you don't miss even one show.
- 1:25Let's start off with just talking about the 62.2g prepper
- 1:28bar. Still time to get these before
- 1:30Christmas. Jacob Diaz will make sure you
- 1:33get them in time. So make sure when you order you
- 1:35let them know that you've got to have it before Christmas.
- 1:37They're perforated easily. Broken down, your choice of
- 1:39three different denominations to fit a multitude of needs,
- 1:43whether it be for asset protection from inflation,
- 1:46economic turmoil, or its unique utility for barter and trade.
- 1:49The Prepper Bar makes a perfect gift for friends, loved ones,
- 1:53family members, and those precious metal lovers and
- 1:55stackers out there. This baby's really thin.
- 1:58You can't see it cause George and I have it in the plastic
- 2:00protective cases, but this will fit right in your wallet.
- 2:02It's a great backup plan. God forbid your credit cards
- 2:06aren't working or maybe the US currency is tanked.
- 2:08Here's an opportunity for barter and trade.
- 2:10So for preppers, this is a necessity.
- 2:12They're available in gold and silver.
- 2:15They only, I understand they're running pretty short on the gold
- 2:17ones. So I'm going to tell you if you
- 2:19want gold, you better get to the front of the line on that.
- 2:21You want to head over to the bigmigbar.com.
- 2:24That's right, thebigmigbar.com. Get over there, get them
- 2:28ordered. Now.
- 2:28You still got time to get them for Christmas.
- 2:30Great for the grandkids, Jim in those stockings and Georgia
- 2:33still waiting for his gold. Ones well hold on Lance, before
- 2:36we go further, I just from the Bigmig family to Jonathan, we
- 2:40wish you well and a speedy recovery.
- 2:42Hope you're doing well and Jonathan break me off a piece of
- 2:46that Gold Pepper bar. Exactly, and there's that QR
- 2:50code. George makes it easy for her to
- 2:51take a picture of that. That'll take you right to the
- 2:53big meat bar.com. Head over there and get some
- 2:55silver ones. Silver, in my opinion, is still
- 2:57very undervalued. That's not financial advice.
- 3:00I'm just telling you that that's my opinion based on lots and
- 3:02lots of research. Sounds good to George.
- 3:06Ballantine server grinding tech grinding Stock market.
- 3:10Crazy, huh? Stock market this week.
- 3:14No, listen, volatile stock markets bother.
- 3:17We've been, you know, saying it for a while now, right goes up
- 3:19and down. It's all you know, listen, from
- 3:23the last four years from this current administration, you
- 3:27don't know what's going on anymore.
- 3:29And it and no matter what politics or not, it does affect
- 3:33the markets because if there's not trust in the government, you
- 3:38know it will affect the marks because you don't know what's
- 3:40going to happen. And right from the so I mean,
- 3:43you just seen the more they're talking about an evidence of how
- 3:48they were hiding Biden's mental cognitive decline.
- 3:51So how does that say say? What does that say to investors
- 3:54that want to invest? You.
- 3:56Know so why do we always say you can always go the safe route?
- 4:00The good route, best in gold and silver.
- 4:05Well, there's no doubt the stability of gold and silver is
- 4:07a necessary part of a balanced portfolio.
- 4:09There's no doubt about it. You got to think about that.
- 4:10But let's talk about this. It was yesterday.
- 4:12It actually broke that streak. But the Dow finally broke a 10
- 4:15day losing streak. But of course, the stocks
- 4:18struggled to claw back losses after the Fed sell off.
- 4:22The indexes were mixed. You guys know that Thursday's
- 4:24investors struggled. They finally regained some
- 4:26footing after Wednesday's big sell off, but it just only rose
- 4:3015 points. I don't know what it's doing
- 4:32today. I haven't checked it because I
- 4:33was busy getting ready for the show.
- 4:35But 15 points to narrowly break a 15 day losing streak, That's
- 4:38its worst. That's its actual worst
- 4:41performance in 50 years. That's pretty unbelievable.
- 4:45Of course, the S&P 500, the NASDAQ dipped again.
- 4:49Of course, their attention was turning to the Friday's PCE
- 4:51report. And of course, those indexes
- 4:54were just wobbling on Thursday. I watched them off and on on on
- 4:58my extra screens I've got in my office and that, of course, that
- 5:01volume, the session was mixed. Following that old Wednesday's
- 5:04market route, which people were talking was just brutal.
- 5:07And they dialed back the rate cut.
- 5:09The Federal Reserve dialed back the rate cut.
- 5:11Expectations for next year. That's sent everybody into a
- 5:13tizzy. It finally gained those points,
- 5:16but after they'd already lost, we're talking about 1100 points
- 5:20on Wednesday alone. Unbelievable, George.
- 5:23I mean, this is some, this is some serious damage that was
- 5:25done to people's portfolios, right?
- 5:28Yeah, I mean, what is it? I think over a billion was
- 5:31pulled. Was it yesterday or Wednesday
- 5:33from the even through the crypto markets, you had a lot of short
- 5:36sellers. You know, everybody's going to
- 5:37play the game, do this and that. I mean, every it'll bounce back
- 5:40because we know we're going to be headed for a strong economy
- 5:45where we're bringing a lot of investments back into this
- 5:47country. So it's definitely going to
- 5:49help. Nothing's going to happen
- 5:50overnight. It's going to take a little
- 5:51time, you know, but I have faith in 2025 and I think things are
- 5:59going to turn around. It's just going to take a little
- 6:01time. Remember, we bore.
- 6:03We all bore financially for the last four years.
- 6:06A lot of heartaches between inflation, high prices of gas, I
- 6:12mean shorts everything. Yeah, a lot, a lot of sense.
- 6:16Of course, you know, we know that 10 year Treasury yields
- 6:19were up 7 basis points to 4.572 after jumping 13 basis points on
- 6:24Wednesdays. But you guys, of course you guys
- 6:25know that bond yields and prices in the stock market move in
- 6:28opposite directions, but that rate cut really impacted them.
- 6:32You know, the outlook continued to weigh in on crypto.
- 6:34Crypto, you know, Bitcoin dropped below 100,000.
- 6:37That token almost fell 5% to 96178.
- 6:40I don't know where it's sitting right now, but you got to take a
- 6:43look at all this. When the Fed dials down, it's
- 6:44Alec. I see Jacob there.
- 6:46I'll just go ahead and keep rocking and rolling.
- 6:47You can bring him in. And we, you know, of course, the
- 6:50economic growth will be much stronger than the Fed expected.
- 6:52Ed Yardini said, president of Yardini Research, which, you
- 6:55know, he's well respected. He wrote a note.
- 6:57The GDB growth, I mean, the market's pricing, you know, 66%
- 7:02chance the Fed issues one or two more 25 basis point cuts next
- 7:07year. But I don't know what that
- 7:09impact or that's going to be enough.
- 7:10I don't know what the impact's going to be on inflation.
- 7:12Let's welcome Jacob Diaz back in the saddle fighting that.
- 7:16Lai assume it's LA traffic. I don't know if I'm right or
- 7:18not. Got behind an accident this
- 7:20morning. Jacob Diaz, what's going on,
- 7:22bro? It sure was that LA traffic this
- 7:24morning, Lance. I appreciate you guys keeping it
- 7:26warm for me here. Yeah, we got to do it.
- 7:28Keep rocking and rolling. We got to do what we got to do,
- 7:30I tell. You, What's going on?
- 7:32You look at him, he's looking sharp.
- 7:33You got a nice haircut going on. Look fresh and clean.
- 7:37But wait wait, all I want to know do we have the puppy Cam?
- 7:39Is the puppy in the house? You have the puppy Cam.
- 7:41You better throw puppy Cam up before we get started.
- 7:44The audience wants the puppy Cam.
- 7:45No, the audience wants to see George get some gold bars or
- 7:48prepper bars or some gold stuff. That's what they want to see.
- 7:51I don't know. I think if they're going to take
- 7:52puppies over, I think they will take puppies over.
- 7:55George getting gold. No, because I get that gold I
- 7:57can buy some puppies. He's getting big.
- 7:59He's grown a lot, dude. He really has.
- 8:01He's full size now. He's 6, a little over six months
- 8:03old. He's adorable.
- 8:05He's freaking what's he's cranking.
- 8:07Raider, Raider. That's right.
- 8:10All right, listen, we got the puppy Cam in stock.
- 8:13I hope, hopefully the puppy's going to get some good stuff for
- 8:15Christmas. I hope he's got a stocking
- 8:16going. We'll see.
- 8:17He doesn't need any gold, that's for sure.
- 8:19But George is going to keep grinding for it.
- 8:21George has been incessant on every live read.
- 8:24I don't know if you caught any of the live reads over on our
- 8:26regular show, but George has been like he has just been
- 8:28digging for that gold prepper bar with you.
- 8:31You know what, you might you and Jonathan might want to watch
- 8:34last night's episode. Just saying.
- 8:37I will. Well, you know what they when I
- 8:39was first starting to do sales when I was younger, I was told
- 8:42that sales is a wearing down process.
- 8:45And eventually. They're eventually maybe they'll
- 8:47just say yes. You never know until you ask.
- 8:49And also just to get you to. Shut the hell up, they might.
- 8:53Hey, Lane. All right, Lane, shut up and let
- 8:55the man finish talking, bro. Oh, it's not to be interrupting.
- 8:59He's talking about, you know, how George is good at sales.
- 9:01Hey, listen, I've been involved in sales.
- 9:03No luck since 11 years old. My dad owned the car dealership,
- 9:06so you had me working there since 11:00.
- 9:08I grew up in that. And especially if you could sell
- 9:10a used car, you could probably sell anything because you got
- 9:13the old. It's used, you know what I mean?
- 9:14And I was good at it. It's all good, got a rise and
- 9:18grind doing what you do. The markets, you know, 50 day
- 9:22plunge up until yesterday we were talking about that 10 day
- 9:26racked up losses in the stock market, you know, and of course
- 9:30we know it's because of the Fed rate cuts.
- 9:33People are they, they seem like Fed rate cuts just in my
- 9:36opinion, Jacob, they just aren't having the impact.
- 9:39People are really skeptical of the Fed at this point.
- 9:41Am I right about that? Because it's how it feels to me
- 9:43on the social media. A lot of people are just trash
- 9:46talking the Federal Reserve non-stop 24/7 365.
- 9:52Yeah, I think skeptical is maybe even putting it light.
- 9:55I think at this point, the American people, when you talk
- 9:58about the Federal Reserve and the way I was taught, it's
- 10:00neither federal nor is it a reserve, right?
- 10:02It's a private institution that's just responsible for our
- 10:05money. And I think folks have realized
- 10:08that they're don't always have the best interests of the
- 10:11everyday American at heart. And you know, I was, I was
- 10:15thinking about it and how extreme of a, of a, of a
- 10:18correction there was when they only cut it by 1/4 point.
- 10:22You know, a lot of folks think that shows a hawkish outlook.
- 10:24But in reality, that response, you know, usually the markets
- 10:28have already priced themselves for the next rate cut already
- 10:32right within a couple months before.
- 10:35So this means the, the the longer term outlook in terms of
- 10:38next year with with the more hawkish approach is, is
- 10:43definitely looking like we might be in for some, for some trouble
- 10:46here. Yeah, I mean it impacted
- 10:49everything. If you look at commodities, even
- 10:50West TX intermediate, which is crude, fell 1% to 6986 a barrel.
- 10:56Brent crude, which is the international benchmark, was
- 10:58down 1% to trade at 7257 a barrel.
- 11:01Gold fell 1.6%. I don't know where it's sitting
- 11:04today. I know you probably do, but I
- 11:05think it's fell to 2611 sixty as of yesterday.
- 11:09And of course, the 10 year treasury yield was up, which
- 11:11would be expected since it runs adverse.
- 11:15Bitcoin was down. Hang on one second, George.
- 11:17And Bitcoin was down 4.7%. So those are all big numbers,
- 11:20but go ahead, George. If you look on a tick or on a
- 11:22screen, it's showing you right there.
- 11:23Gold is at 2625.69. Yeah, and my screen, it's
- 11:28extremely small. I would need maybe maybe a
- 11:31telescope or some binoculars. If you saw my screen that I'm
- 11:33looking at where the TV is, I think the the big main needs to
- 11:36get me like a 96 inch or here. You know what happens if you get
- 11:40older, you need you need bigger, bigger TV's.
- 11:44So, yeah, it's big stuff. So anyway, well, don't forget he
- 11:48who holds the credit card holds the power.
- 11:50So bricks developing tools to lead global economy.
- 11:54They attracted a bunch of new members.
- 11:55I don't know if you saw this, Jacob.
- 11:57Once again, bricks continuing to make moves even after the shot
- 12:00across the bow that Trump took. What do you think?
- 12:04Yeah, like we, I know we spent a good amount of last week's show
- 12:07talking about bricks and the impact that they're having and,
- 12:09and essentially establishing that they're, you know, here to
- 12:12stay, you know, the developing rapidly, even countries that
- 12:15aren't already involved, they're getting recruited or they're,
- 12:18you know, throwing their hat in the ring as well.
- 12:21And these are some very large economies that we're talking
- 12:23about. So it's definitely going to be
- 12:24something that we're navigating and then having to keep a close
- 12:27eye on. Hopefully President Trump comes
- 12:29in, shakes things up a little bit because if it continues to
- 12:32go the way that things are going right now, their market share on
- 12:34global economy has grown dramatically.
- 12:37I think it was in the 3030 plus percent range last time we
- 12:40talked about it. So, you know, definitely
- 12:43something to keep an eye on and something that's A cause for
- 12:45concern for the American dollar. You know, George Putin made this
- 12:49quote. I want to read it directly.
- 12:51The BRICS countries continue to create new tools to ensure
- 12:54economic growth and transform the structure of the world
- 12:57economy so that in the long term, it will contribute to the
- 13:00progress of humanity and strengthen the position of the
- 13:02group's countries as the leader of the global movement forward.
- 13:07That was an answer to a question he got from TARDIS Tan TV.
- 13:10What do you think? Because I've heard a lot of
- 13:12rumors that they are doubling down on AI related to BRICS,
- 13:16that they're making a major investment.
- 13:18I don't know what that'll be, whether that'll be trading
- 13:19platforms. I started to do some
- 13:21investigation into what the impacts of AI are going to be on
- 13:24the commodities market. We'll be talking about that
- 13:26later in the show. But George, what do you think
- 13:28about Putin's comments? You know what right now is
- 13:34struggling over there in Russia. So I think he's just trying to
- 13:38put on a face of strength because they're, they're,
- 13:43they're struggling for weapons where they need to go to North
- 13:45Korea of all places for more like missiles and stuff.
- 13:49And this is supposed to be a global power and their, their
- 13:52military supplies are like dwindling where they got to go
- 13:55to North, North Korea of all places.
- 13:58So I think Putin's just showing this as trying to show a sign of
- 14:03strength. But in all reality, I don't, I
- 14:06don't believe him on it. I think it's a sign of weakest
- 14:08because everybody knows, you know, Trump's not going to play
- 14:10games with the BRICS nations. He's going to put a hammer on
- 14:13him. I think you know it's not going
- 14:16to go as they proceeded or think it's going to be.
- 14:20You know, the one thing that I have to argue in in is support
- 14:24of bricks and the way that they operate in this.
- 14:26I'm going to go right back to a Putin quote.
- 14:27You know, the association is developing rapidly.
- 14:30Many states show interest in bricks because this work is
- 14:33built solely on the basis of. Reciprocity is what I wanted to
- 14:42say, but boy, I was just double tongue tied there.
- 14:45Respect to each other and each other's interests.
- 14:47All issues are adopted by consensus or this is very
- 14:49important there. There are no small and big
- 14:51states, more developed and less developed.
- 14:53There's an association of interests and there's only one
- 14:55interest development. The reason I think that that's a
- 14:58valuable statement is it's much different than the way the US
- 15:01operates. We've used our own US currency
- 15:04as kind of a bludgeon for other countries and, and and
- 15:07financially controlling where bricks is the exact opposite
- 15:10that they try to lift up the countries that are involved to
- 15:13the point that even Putin made some comments later on about
- 15:15lifting up India way past Russia.
- 15:18And I think that that to me that kind of community building, I'm
- 15:23not sure that's to me that seems to be the right way to do
- 15:26things. They're doing it over in the
- 15:27crypto world and it seems to be working very well.
- 15:30What do you think is that? Is that something we have to be
- 15:32worried about Jacob, do you think that the way that they're
- 15:35operating that they're operating more as a group that that they
- 15:38want to benefit everybody in the group versus the stand alone US
- 15:42system? Absolutely.
- 15:45And it's, it's something that if we weren't on the other side of
- 15:48it, I think we would have, like you said, a little bit even more
- 15:50admiration for because the way that they're operating as a as a
- 15:54cohesive unit, making advances and things like AI, like
- 15:58cryptocurrency. If the United States were making
- 16:01moves like this, on the other flip side of that coin, you
- 16:03know, these are things that we would be excited about, right?
- 16:06And so unfortunately just happens to be that the goal of
- 16:09this program and this this organization is, is directly
- 16:13threatening our country and our currency.
- 16:15So, you know, you have to look at it and say, wow, the the
- 16:19amount of strides they've made over the last couple years
- 16:21alone, the progress they've made, the ingenuity that they've
- 16:24shown, you know, is impressive. But it's something like I said,
- 16:28if we don't get a handle on it quickly, you know it's going to
- 16:31be something that that causes some problems.
- 16:34Yeah. And that's for sure because
- 16:35already they're they're estimating that the trade
- 16:38turnover between these countries is between 220 and 240 billion.
- 16:42And I know as compared to global trade, that's a small number,
- 16:45but they also are implementing more than 600 joint investment
- 16:49projects. So they're doubling down and
- 16:50putting their money where their mouth is.
- 16:52And, and, and Putin thinks this is a really important component
- 16:57and we don't do this at all. He's talking about the
- 16:59humanitarian part. They're constantly holding hold
- 17:02cross years, the year of culture, the year of youth
- 17:04exchanges. They're all very important for
- 17:06people. It's the base for the
- 17:07development of economic ties and political interaction.
- 17:09So he's creating relationships that I think transcend just
- 17:13simple banking. Latin America has been
- 17:16representing as always, because they've got Cuba, Venezuela and
- 17:18the rest of the region have good friendly relations with Russia.
- 17:22They're continuing to grow those relations.
- 17:23We haven't done it really what I would consider a great job
- 17:26nurturing those relationships. We sure don't have a great
- 17:29relationship with Cuba and it doesn't make any sense
- 17:32considering the close proximity to Cuba.
- 17:34I understand that politically, but this is in my, I'm concerned
- 17:38because I see people that are agreeing to work together versus
- 17:42fighting each other. And I always think that that
- 17:45kind of behavior is always going to be a much bigger benefit in
- 17:47the big picture. And George, you know, I'd love
- 17:49to hear your input on that. Anything that involves Cuba with
- 17:56the communism is no go with in my book, just period.
- 17:59I mean, what else can go wrong with that picture, Lance?
- 18:05I mean, it's just I don't think it's feasible.
- 18:10I mean, I don't know. I'm, I'm, I'm, I'm iffy on this
- 18:14one, Lance, I don't know. Yeah, well, I guess we'll just
- 18:18have to wait and see, see how it goes.
- 18:19We'll see when Trump gets in. Obviously, he's not president
- 18:22yet, although everybody online is acting as if he's president
- 18:24the way they're harassing him to to fix things.
- 18:27He's not even in charge yet. They're really running him.
- 18:29You know, in my opinion, they're just pushing and pushing and
- 18:32pushing the, the, I'm sure you've seen it, Jacob, George
- 18:35and I talked about on the show last night, these reactions
- 18:39because they aren't allowed to just cram these continuing, you
- 18:43know, bills down our throat that are 1500 pages long.
- 18:47Their reactions to it and their reactions to Elon Musk and what
- 18:50he plans on doing with the, the Department of Government
- 18:52efficiency. The attacks are just
- 18:55unbelievable, are they not? I mean, I, I've never seen more
- 18:58cry babies in our own government.
- 19:01And if these are the brightest and the best that we have to put
- 19:03in Congress, well, then shame on them, I think, Jacob.
- 19:07I would I would agree if this is the best and brightest, then I
- 19:09think we might have some problems.
- 19:12But one thing is for sure, when they present, I think it was
- 19:1611167 pages or something like that or 1500 pages in that
- 19:20unbelievable. When they introduce a bill that
- 19:23is holding hostage $3 billion for hurricane victims and
- 19:28they've stuffed in 60 billion for Ukraine and and they've
- 19:31stuffed in a 40% raise for themselves.
- 19:35And then they gaslight the American people in the
- 19:37mainstream media to act like the Republicans want to shut down
- 19:40the government and they don't want to give money to to kids
- 19:43Cancer Research. You know, it really is nothing
- 19:47more than a gaslighting of the American people.
- 19:49They want people to believe that people who, you know, folks that
- 19:53are advocates of responsible government spending are anti
- 19:57American and anti American people.
- 19:59But the reality is we're just trying to keep the money here,
- 20:03right? Sending another $60 billion to
- 20:05Ukraine versus 3 billion for, you know, victims of a national
- 20:09tragedy here in the United States or advocating for folks,
- 20:12you know, programs that might actually be able to impact the
- 20:15American people doesn't make a whole lot of sense to me.
- 20:18But you know what we see from these, you know, Democratic
- 20:21senators and all those others coming out and talking about it,
- 20:23trying to pin the blame on Elon Musk?
- 20:26It really is. Is just trying to to get your
- 20:28focus over over here on someone else so that you don't see what
- 20:31they're really doing. You know.
- 20:33Hold on. It's nauseating.
- 20:34Go ahead, George. So the CR bill, yeah, I agree
- 20:37with you. We went from like 1500 pages to
- 20:39last night to like 114 pages, which they still couldn't get it
- 20:42passed because in this continuing resolution, which is
- 20:46only going to March, it was supposed to.
- 20:48It said it was going to add five trillion to the debt you had.
- 20:51Like, yeah, a lot of people go against it, but I feel for the
- 20:55hurricane victims. They should, they should be
- 20:58getting relief right now. But you know, the one thing you
- 21:00don't see is you don't see Biden talking about it.
- 21:03Nothing. He's just been silent.
- 21:05Well, he was going to Delaware for a vacation, and then he
- 21:07turned his plane around or turned around early.
- 21:09He's going to see the. PC Is that what he's doing?
- 21:12Is that the plan? The Pope.
- 21:13Yeah, they turned it back. Well, they also turned Kamala
- 21:16back to DC in case she needs to be a tiebreaker in Senate.
- 21:20That's a reason. You know, I have to tell you
- 21:23that I'm disgusted by our Congress.
- 21:25What's her name? The one with the purple hair?
- 21:27I mean, if that's some of the brightest and best.
- 21:29She was ranting about Musk. You know, we had to watch every
- 21:33one of them rant about and cry about Musk.
- 21:36Part of it, I think is jealousy, obviously, internal hatred that
- 21:39Musk actually really wants to fix the country.
- 21:42I'm disgusted by them, to be honest with you.
- 21:44If I was a governor of a state, I'd be trying to fire my
- 21:46congressional members right now. I'd be putting in a motion to
- 21:49get rid of all of them. You know, the governors can do
- 21:51that. They can fire them.
- 21:52They can, they can look to get rid of them.
- 21:55These guys just don't belong there.
- 21:56The majority of them, I think we might have maybe 10 or 15% of
- 21:59them that are worth their salt. The rest of them just flat suck.
- 22:03They've done a terrible job of the country.
- 22:04They've ruined it and they're and, and they're moaning and
- 22:06groaning. I mean, a 40 who gets a 40%
- 22:09raise. I mean, can I come over to
- 22:11Genesis Gold and start this week and then get a 40% raise next
- 22:14week? I mean, you know, it's, it's
- 22:16ridiculous. There isn't a country in the
- 22:17world that does that unless you get a promotion and you sure
- 22:20don't get rewarded for screwing things up.
- 22:23These people couldn't hold the job down anywhere else with what
- 22:25they've done. This country worth 36 trillion
- 22:27in debt, they want to add another three to five trillion
- 22:30in debt. They borrowed 2.2 trillion from
- 22:33Social Security that I don't think they borrowed.
- 22:36They flat stole it because every time they do one of these
- 22:38budgets, there's no plan to pay back Social Security.
- 22:40Every person that gets Social Security in the United States
- 22:42should be getting me nearly double what they're getting
- 22:44right now. Had that money not been removed
- 22:46from there, they'd be getting nearly double.
- 22:47You know the. Point of the matter is one of
- 22:49the worst things on the planet and let me just finish this and
- 22:51I'll let you jump in George. They also gave them something
- 22:54that really disgusts me, which was another back door to no
- 22:58accountability. I don't know if you saw this
- 22:59Jacob. They were, they put a resolution
- 23:01solution in there that just was gobbledygook legal speak, which
- 23:05allowed them if they're subpoenaed or otherwise
- 23:07investigated, they don't have to turn over any of their
- 23:08communications. That includes emails, cell
- 23:10phones, text messages or anything else.
- 23:13So it's just another license and approval to be a criminal.
- 23:16You know, a rules for me, not, you know, rules for thee, not
- 23:19for me. George, go ahead.
- 23:21I was just thinking, we're going back to like, we're talking
- 23:24about bricks, right? What if Trump got rid of the
- 23:27feds and actually we brought our money back by all the gold we
- 23:33have? No doubt that's what needs to
- 23:36happen. You know why we came?
- 23:37Hold on. But don't you think that would
- 23:38put a hamper down in the bricks, though?
- 23:40I'd probably put them right out. Well, for sure, because at the
- 23:43end of the day, using a currency that's a Fiat currency being
- 23:47printed by an independent company that's charging, you
- 23:49understand this. They print a bill, and I
- 23:51understand it's about $0.06 total cost.
- 23:53I have no idea what those costs are.
- 23:55Somewhere in the neighborhood is 6 cents.
- 23:56I've heard eight cents. I've heard two cents.
- 23:58There's a range that nobody really knows because they won't
- 24:00even disclose that part. They print a bill, it comes out
- 24:03on paper now it's supposed to be $100.
- 24:05Then they give us that bill and they charge us interest to give
- 24:08us the bill. They printed it with nothing
- 24:10backing it. You understand, it's a true Fiat
- 24:13currency. Tell me why we've got a private
- 24:15institution hailing our money. As far as I'm concerned, all the
- 24:18people that own the Federal Reserve institutions across the
- 24:20globe, they should be put on the international terrorist watch
- 24:23list. Every one of the families, all
- 24:25their family members. We should claw back all the
- 24:27wealth they've created on the backs of the American people and
- 24:30we should take over that institution ourselves.
- 24:32My understanding is the people that own the Federal Reserve
- 24:34Bank, you'll never see them on the Forbes list.
- 24:36They'll never let it happen. They are worth trillions and
- 24:39trillions of dollars because they've been running this scam
- 24:42for literally centuries across the globe.
- 24:47Enough's enough. I'm tired of them.
- 24:49We need to get back to a gold backed currency, but let's go to
- 24:51gold. Let's switch gears, you know,
- 24:53because you're the expert. The news says gold price is
- 24:56steady but set for weekly losses on hawkish Fed outlook.
- 25:00What are your thoughts here? I know they steadied near a one
- 25:03month low in Asian trade on Friday and were headed for
- 25:06weekly losses after the US Federal Reserve forecast a fewer
- 25:09than expected interest rate cuts in 2025.
- 25:11And I, you know, I almost got to say this.
- 25:14Did the Fed do that to try to undermine the new Trump
- 25:17administration? Did they announce they were
- 25:19going to have fewer rate cuts just to stick it to Trump?
- 25:23Took the words right out of my mouth, Lance.
- 25:25That was going to be my exact point.
- 25:27I think that there's a large possibility that, you know, sort
- 25:30of this underhanded nonsense that we've come to expect when
- 25:32it comes to dealing with President Trump is, is, is just,
- 25:35you know, business as usual, right?
- 25:39I think folks saw assets, commodities like gold and
- 25:43silver, like Bitcoin and cryptocurrency starting to take
- 25:47off And and maybe this was a bit of a manual correction.
- 25:51I don't, I don't think it honestly has much impact on, on
- 25:54these things long term. I think in the very short term,
- 25:57you know, there might be a little bit of not volatility,
- 26:00but for lack of a better word volatility.
- 26:03But our projections on the medium long term, the three to
- 26:07five year mark, which is where most of our clients are looking
- 26:10on the retirement horizon, it remains very strong.
- 26:13I'd be very surprised if we didn't see $3000 gold very soon,
- 26:17I think probably in the next 12 months realistically.
- 26:20And JP Morgan, like I said last week, who's been the most
- 26:23accurate predictor of the price of gold and silver has a price
- 26:25target for $38 or 38 and change in 20.
- 26:29So, you know, short term, you know, you don't buy gold today
- 26:34to sell it tomorrow. You don't buy the price of gold.
- 26:36You buy the security and the Peace of Mind that it offers
- 26:39you. And the reality is that with all
- 26:41of this nonsense, with the bricks, with, with, with
- 26:44everything that's going on in the global economy and here at
- 26:46home in the United States, it's just a healthy way regardless to
- 26:51have a hedge and, and A and a just in case, right?
- 26:55Jacob, no doubt. George, what do you think?
- 26:57Did the feds stick it to Trump intentionally?
- 26:59Do you think this was part of their plan?
- 27:00Because to what I see right now is a lot of things being put
- 27:03into play to really cause Trump to have his hand hands filled
- 27:08day one, right? His hands full where he's
- 27:10overwhelmed with all the garbage they've done.
- 27:12And instead of him focusing on fixing the country and doing
- 27:15everything, he wants to get us back on track.
- 27:17So my opinion is anything that's involved, the feds from the
- 27:20three letter agencies to Jerome Powell, they're going to try to
- 27:24do anything they can to sabotage Trump because you know what,
- 27:27he's a threat to them all. And you know, like another
- 27:30thing, Biden is still right now trying to push more student loan
- 27:35forgiveness, giving money away like that, but still nothing for
- 27:38the hurricane victims. What about some forgiveness for
- 27:40them? Like Jesus Christ, what do you
- 27:42got to do? But I want to get your, your
- 27:46take on this, Jacob, because this just came out this morning.
- 27:49Ukraine will stop transiting Russian gas to the EU from 7:00
- 27:54AM on January 1st, 2025. This is from the Prime Minister
- 27:59Dennis Shamal says. And then now Putin comes out and
- 28:03says war has been declared on the Russian world today, Putin
- 28:08said. What do you think this is going
- 28:10to? What kind of effect do you think
- 28:11this is going to have? I don't know, I think Putin
- 28:15declaring that someone else has declared war on him as a as a
- 28:18bit of a oxymoron there. But, you know, global conflict
- 28:22across the world is, is never really good for for, you know,
- 28:25your day-to-day Americans and and their portfolios.
- 28:28And when we see unrest to that extent around the globe, you
- 28:33know that is a big mover in the markets for safe, safe haven
- 28:37assets, commodities like gold and silver.
- 28:39I like question. I got to say this.
- 28:41I'm going to comment on that just quickly, George, and then
- 28:43I'll let you make your comment. In my opinion, it's a shakedown
- 28:46by Zelensky. He's shaking everybody down for
- 28:49money. He's already negotiating.
- 28:50He's, he was in the middle of negotiating, as was Putin to try
- 28:53to stop this. And then Zelensky and his
- 28:56infinite stupidity as a guy that I believe used his penis to play
- 29:01a piano at one point in a, in a comedy skit.
- 29:05If you guys ever saw that skit that was out there, this guy was
- 29:08installed. I think killing Kirillov was a
- 29:12major mistake. My understanding is that the FSB
- 29:15is already planning retaliation. I got that from some sources
- 29:19that I that I think are competent sources.
- 29:22I think it's only a matter of time that Zelensky is going to
- 29:24face the consequences. And now he's shaking down Europe
- 29:27by saying I'm going to shut down the gas pipeline in the middle
- 29:30of winter. To me, NATO ought to stand up.
- 29:34All right, enough's enough. We're not giving you any more
- 29:35money. And if you continue this war,
- 29:37we're going to turn on you. Zelensky needs to be stopped.
- 29:39This little, this little meat puppet is absolutely not doing
- 29:43the right thing for the Ukrainian people or for the rest
- 29:46of the world right now. And I'm tired of him coming over
- 29:48here and shaking down our politicians.
- 29:50I'm tired of the graft, the bio labs, the corruption.
- 29:54I mean, this guy's got an he bought his parents an 8 and a
- 29:57half million dollar house in Ridgepont, Israel.
- 29:59He spent $46.5 million on on resort properties in, in
- 30:07Switzerland. Of course, most of the stuff he
- 30:09does is in non extradition countries.
- 30:11He's got a $15 million penthouse in Dubai that he purchased.
- 30:15His wife bought a $4.8 million billion, $4.6 million car, euro
- 30:24car. It was EUR 4.6 million.
- 30:26I want to get that right in Europe, which was a Bugatti he
- 30:30just bought. I think it was a 50 or $60
- 30:33million resort property in a ski in ski out in in France.
- 30:39I mean, enough's enough. This guy's spending money.
- 30:40He's got a freaking a multi $1,000,000 mansion down in
- 30:43Miami. My understanding is he has
- 30:46almost $2 billion parked in offshore accounts now down in
- 30:51the the Gulf. So enough's enough.
- 30:54This guy is a criminal. It's time for him to go away.
- 30:56I'm supporting Putin on this. I'm not saying I support Putin
- 30:59on everything, but enough's enough.
- 31:00And to be honest with you, what he did with Kirilov, he never
- 31:02should have done because, you know, Kirilov is the general
- 31:04that exposed the bio labs and exposed what was really going
- 31:07on. And that's why they went after
- 31:09him, in my opinion. So I take the position it may
- 31:11not be a popular position. Listen, Putin is trying to focus
- 31:14on making Russia great again. That's his focus.
- 31:16And it should be just like we should be making America great
- 31:18again. But financing this meat puppet
- 31:21Zelenski over and over again and giving him the to continue a war
- 31:25that he lost the day he started it?
- 31:27Enough's enough. I'm done with it.
- 31:29Well, let's just look at it from financial standpoint, because
- 31:33this is a financial show after all.
- 31:35So by this government, given so much of our tax dollars to
- 31:39Ukraine, it hurts us, our economy, everything.
- 31:44But The thing is, you wonder why.
- 31:47Why would Ukraine now stop transiting Russian gas?
- 31:50Why did they do that months, years from then when it started?
- 31:53Why would the money pipelines drying up and they want to shake
- 31:56everybody down? I mean, Jacob, you tell me if
- 31:59I'm wrong, you guys tell me if I'm wrong.
- 32:00I think it's a shakedown. It seems right on the money.
- 32:03They can feel the taps are about to be turned off and are are
- 32:07desperate to keep him on. He's been living the good life
- 32:09riding the American tax dollar gravy train for the last couple
- 32:12years and and now, you know, his lifestyle is being threatened.
- 32:16Everything you said, Lance, I couldn't agree with you more.
- 32:19I, I think it is, you know, a good old fashioned shakedown to
- 32:21try to shake the Piggy Bank before, you know, President
- 32:24Trump gets back in. I think we're going to see a
- 32:25massive change here just in, you know, the next month as to how
- 32:29the approach is here. You know, for me it, it's, it's
- 32:33incredibly difficult to see 10s of billions, hundreds of
- 32:37billions of dollars going overseas when we have suffering
- 32:40here in American citizens. 100%. Side and and to me, that's
- 32:44probably the biggest gripe that I have.
- 32:46You know, the government's always, you know, been bloated
- 32:48and overspent, but that one hits home for me.
- 32:51No doubt. All right, listen, that music
- 32:53means we're going to take a short break.
- 32:54When we come back, we'll talk about platinum, we'll talk about
- 32:57copper's rise with China stimulus, and we're going to get
- 33:00right into congressional meltdowns over Elon Musk.
- 33:02We'll dig into that story further.
- 33:04Global Finance Forum. We'll be right back with Jacob
- 33:06Diaz, George Valentin, and Wah Lance Miliaccio.
- 33:10Stay tuned. Don't go anywhere.
- 33:12You're going to want to hear the rest of this.
- 33:13As an American who keeps up with the real news, you know by now
- 33:17the severity of the economic issues that are plaguing our
- 33:20great nation. My name is Jonathan Rose and I'm
- 33:23the CEO of Genesis Gold Group, the only major faith driven
- 33:27company in the industry. 2024 is a year full of uncertainties.
- 33:31With trillions of dollars in national debt, inflation
- 33:35impacting your savings, and the pivotal election year, your
- 33:39Peace of Mind is more valuable than ever.
- 33:42Now is the time to use physical gold and silver to preserve your
- 33:45hard earned retirement savings with a gold IRA.
- 33:49Call Genesis Gold Group today. Our team has decades of
- 33:52experience helping folks just like you take their first step
- 33:55on the path to true financial freedom with a gold and silver
- 33:58IRA. Call Genesis Gold Group today at
- 34:011-8 Hundred 200 Gold for a known commitment informative
- 34:04consultation with one of our experts to find out if we can be
- 34:07a fit for you. Call now at 1-800-200-4653 or
- 34:11visit genesisgoldgroup.com. In a world of uncertainty, be
- 34:15prepared with silver pepper bars, your ultimate hedge
- 34:19against political instability and economic turmoil.
- 34:22Introducing the Silver Pepper Bar crafted from .999 pure
- 34:26silver and proudly made in the USA, this tangible, divisible
- 34:30asset can come in handy even in the toughest of times.
- 34:34Portable, perforated, and easily tradable, the Silver Pepper Bar
- 34:37is your lifeline in times of crisis.
- 34:40When facing inflation, currency devaluation, and financial
- 34:43meltdown, Silver Pepper Bars provide Peace of Mind.
- 34:47Don't wait for disaster to strike.
- 34:49Secure your future today with the exclusive Silver Pepper Bar,
- 34:53the only silver bar on the market, divisible into three
- 34:56different sized pieces for maximum utility, all while
- 34:59fitting in your wallet. The smart choice for savvy
- 35:01investors and preppers alike. With Silver Pepper Bars, you're
- 35:06ready for whatever tomorrow brings.
- 35:08Hi folks, I'm here today to introduce you to the Prepper Bar
- 35:11from prepperbar.com, the most unique precious metals product
- 35:15we have seen in a long time. These 62g bars are perforated
- 35:19and easily broken down into your choice of three different sizes
- 35:23to fit a multitude of needs. Whether it be from asset
- 35:26protection from inflation, economic turmoil, or its unique
- 35:30utility for barter and trade, the Prepper Bar makes a perfect
- 35:33gift for all the precious metal lovers out there.
- 35:36Exclusively made here in the USA and selling out fast.
- 35:40Available in both gold and silver, these slim prepper bars
- 35:43fit neatly in your wallet and their utility enables use in any
- 35:47situation. As gold and silver prices
- 35:49continue to surge and top economists predict upcoming
- 35:53shortages, now is the time to secure your precious metals in
- 35:56the form of prepper bars. Go to prepperbar.com now and
- 36:00place your order before supply runs out and prices go up.
- 36:04All payment methods accepted. Order your silver pepper bars
- 36:07now at prepperbar.com. Silver pepper bars ready for
- 36:11whatever tomorrow brings. Order now.
- 36:37All right, welcome to Genesis Gold Grouper, powered by them
- 36:42Global Finance Forum. I change that up a little bit
- 36:45because I like to switch it up on Lance.
- 36:46He gets mad. But Global Finance Forum Powered
- 36:49by Genesis Gold Group, We're your host, Jacob Diaz, Lance
- 36:53Migliacho, yours truly, George Ballantine.
- 36:56But first, we're going to give a big shout out to Genesis Coal
- 36:58Group. We all seen at the beginning of
- 37:01this year, actually the last four years has come with so many
- 37:04uncertainties. You look, the Dow Jones
- 37:07industrial average had its first 10 day losing streak since 1974.
- 37:12What do the feds do? They keep printing trillions of
- 37:14dollars in just a few short years.
- 37:16Tax has been going up and the government is busy funneling
- 37:20half of its budget into the military industrial complex.
- 37:23As a result, the US dollar lost value.
- 37:27What we need to return to our American roots that are backed
- 37:30by gold and faith. Instead of using tricks to get
- 37:32our customers on the hook, then punishing them with huge
- 37:35spreads, Genesis Gold Group chooses to educate and serve.
- 37:39They believe in two things. We serve God, we serve our
- 37:44customers. That's why self-directed Iras
- 37:46backed by physical precious metals have been the primary
- 37:48focus for Genesis Gold Group from the beginning.
- 37:51They only work with physical golden silver because it could
- 37:53be stored securely on the customer's behalf in a
- 37:55depository. Their team has decades of
- 37:58experience helping folks just like you preserve your hard
- 38:01earned savings, and their service provides to their
- 38:03clients is truly one-of-a-kind. And the guy that's sitting on
- 38:07the screen waiting to come back on, Jacob Diaz, he'll get on the
- 38:09phone with you and talk to you if you need it.
- 38:11Even Jonathan Rose, so they also check this out.
- 38:16They also offer a free IRA guide, a lot of education
- 38:20information. As Lance says, you could take
- 38:22that IRA guide, use as a stocking stuffer to help a
- 38:26family member friend out. What's better than giving
- 38:28somebody economic security for Christmas?
- 38:31What do you have to do? You got to call Genesis at
- 38:33888-526-7154. That's 888-526-7154 or you can
- 38:39go to thebigmegold.com. And don't forget to mention the
- 38:43Big Me Show. You can have your IRA set of
- 38:44fees waived on qualifying accounts.
- 38:46And I got a bonus for you. All this a little Christmas
- 38:48bonus. You got to do it now.
- 38:51Genesis Gold Group is waving the first year storage fees and
- 38:55custodial fees. You heard me right.
- 38:57They're waving their first year storage fees and custodial fees
- 39:01as a Christmas holiday present for you guys.
- 39:05All you got to do is call or you take a screenshot of this, save
- 39:08it to your photo files, click on that QR code.
- 39:10That'll take your right to Genesis Gold.
- 39:13Can't get better than that. Don't make me send Jacob to make
- 39:16the phone call for you. He'll do it.
- 39:18I'll do it. So that's it.
- 39:20We'll make him work right through the holiday.
- 39:22We're not going to even give him the week off.
- 39:23That's not how it goes. We'll keep them working right
- 39:25through the if you guys can get the phones ringing, Jacob might
- 39:28work through a lot of the holiday.
- 39:29He might be sneaking around the house with like a headset in and
- 39:31act like this. Sneaking.
- 39:32He's going on vacation for a week and 1/2.
- 39:34You think so? Is he?
- 39:35Yeah, All right. But let let.
- 39:36Well, since we're talking about metals and stuff, we noticed
- 39:38like copper rises on U.S. data through the China's China
- 39:43stimulus hopes. So among the industry, metals,
- 39:47copper prices rebounded after a slump on Thursday as a strong
- 39:51U.S. economic data spurred some hopes that copper demand will
- 39:56improve. And why is that?
- 39:58Because people have faith in the new incoming government.
- 40:02Nothing better than having strong leadership.
- 40:05You know, copper is always a high technology need metal of
- 40:08course and you see that that's being pushed on every end.
- 40:11I wouldn't surprise the copper supply coming out of China.
- 40:14I'm I'm understanding that we may see some future upticks in
- 40:18that market. What are you hearing about
- 40:19copper? Anything, Jacob?
- 40:22So copper obviously not being one of the precious metals that
- 40:25we primarily operate and we do keep an eye on it.
- 40:27Unfortunately, we don't sell it. But generally speaking, yeah,
- 40:31when you see copper start to increase in price in the future,
- 40:33start to go up, it is generally a sign of good sentiment in
- 40:37terms of the markets, more spending, more technology, you
- 40:40know, more innovations tend tend to lead to an increase in
- 40:43copper. So maybe it's a sign of the
- 40:44times. Absolutely.
- 40:46Let me ask you, Jacob, we talked last week.
- 40:48I don't know if you're allowed to.
- 40:49I'm going to throw it to you kind of out of a this is kind of
- 40:51a left field pitch. You said you might have some
- 40:54announcement stuff for the audience.
- 40:55Are we prepared to do any of that yet?
- 40:57I, I actually forgot. OK, so let's stop for a minute.
- 41:00We were going to go into the Elon Musk meltdown, which I
- 41:02definitely want to talk about. But let's talk about the
- 41:05announcement and let me let me focus on this for a second for
- 41:08the audience. Pay close attention because I
- 41:11have investigated part of this. We weren't able to talk about it
- 41:13because we were under NDA, but what they're getting ready to
- 41:17do, this is a big deal and and has a potential to really change
- 41:22people's economic future. So, Jacob, take it away,
- 41:25brother. Possibly help get George that
- 41:26gold bar too. But go ahead.
- 41:29So, so, so the new project will be Iras obviously, instead of
- 41:35with gold and silver, which has been our bread and butter for so
- 41:37many years, doing that with crypto currencies, any of the
- 41:43largest 60 on the planet. Additionally, the, you know,
- 41:47there's a couple halfway decent companies out there that can do
- 41:50it, but they charge really excessive fees, you know, and
- 41:53that's been a big problem. And we saw a lot of folks
- 41:55struggling to get on, not only get through the educational part
- 41:59of it where crypto can be confusing, right?
- 42:02There's lots of jargon. There's lots of, you know,
- 42:04there's been a lack in the marketplace for folks who just
- 42:07want to make it simple. And that's been our goal.
- 42:10Combine that with, with massive fees, three, 5% straight up
- 42:15upfront and, and you've got, you know, something that holds back
- 42:18a lot of folks from getting into the cryptocurrency market,
- 42:20unfortunately. So our goal when we started this
- 42:23new venture, which I'll get to in a second, was to eliminate
- 42:28those excessive fees, make things simple in a way that we
- 42:32know, we know the IRA world so well and really come to the
- 42:35market with something that nobody else can offer.
- 42:38And that's what we've managed to accomplish.
- 42:39It's been 18 months to two years in the works will be the first
- 42:44company in the United States to offer this, which is a managed
- 42:49cryptocurrency IRA. One of the largest fears that
- 42:53folks have being that the crypto market is 24/7.
- 42:57And if you're entrusting your retirement into the
- 43:00cryptocurrency space, you know, your financial advisor that you
- 43:04might have out there, he's watching your money, depending
- 43:06on which coast you're in, from 9:30 to 1:00 or 9:00 to 1,
- 43:09whatever it might be, right? And the crypto market moves
- 43:1324/7. So inherently there's a lot more
- 43:16opportunity, but there's also a lot more risk when nobody's shy
- 43:19about that. So essentially what we've
- 43:22managed to do is we combined our IRA knowledge with the number
- 43:26one crypto fund in the world that won a national competition
- 43:31in Bitcoin Magazine, which is the number one publication in
- 43:34the world for crypto currencies. And what we've essentially done
- 43:37is we've combined award-winning strategies for managed accounts
- 43:42with the IRA capacity for limiting capital gains or
- 43:47eliminating capital gains. So essentially what you end up
- 43:50with is an account that you can put into the cryptocurrency
- 43:53market. Bitcoin or Ethereum are the two
- 43:56that are available for these particular strategies and it's
- 43:58constantly monitoring it for you with award-winning strategies so
- 44:01that you don't have to. Essentially what it does is it
- 44:04gives you exposure to the cryptocurrency market where you
- 44:07own Bitcoin and Ethereum and it buys and sells it for you.
- 44:12However, you know you don't have the responsibility for watching
- 44:15it, especially with volatility like we've seen recently.
- 44:18Imagine this, you know, last week we saw Bitcoin at 104,000,
- 44:23or was that earlier this week even?
- 44:25Sorry, my days get a little bit jumbled.
- 44:27Today we see it at 98 right. Imagine that there was an AI
- 44:31machine that sold it for you at one O 4 and re bought it for you
- 44:35at 98. And that's the technology that
- 44:38we've been able to bring to the market inside of an IRA.
- 44:41And so this will be available to you know, these sorts of
- 44:46strategies and this this level of advanced AI capability has
- 44:50typically been reserved for for hedge funds or ultra high net
- 44:54worth individuals. And one of the main goals of
- 44:56this project was to bring, you know, things, strategies and
- 45:01capabilities that typically haven't been made available to
- 45:03the American people to everyone. And by doing that, allowing
- 45:08folks to really accelerate the growth of their IRA with, with
- 45:13extremely limited downside. The crypto market inherently has
- 45:17very large amounts of volatility, which if you're just
- 45:21buying and holding is your greatest fear.
- 45:24But if you're using the volatility to your advantage to
- 45:26turn that into increased profits with the tax deferred benefits
- 45:29of an IRA, this is going to change the lives of folks who
- 45:33want to get into cryptocurrency but don't necessarily want to
- 45:36manage it and try to time the market themselves.
- 45:39It's unbelievable. Hold on for the audience.
- 45:40Let me say this, George, and I'll let you go.
- 45:42Then you'll jump right back in, you're combining basically
- 45:45quantum computing, AI and the ability to play the market up
- 45:49and down and you're simplifying it.
- 45:51And I think for the audience, one of the complexities and
- 45:54George, This is why I wanted you to wait 'cause I was going to
- 45:56throw this to you. George and I are, are dealing in
- 45:58crypto cause we've got the new Crypto Power Hour show we're
- 46:00going to be doing. And I guess, Jacob, I assume
- 46:03that's part of the announcement you talk about this show that
- 46:05you guys are going to be doing because I think that's also
- 46:07innovative, George. And I have really identified
- 46:10that, that, that of course, there's the far end of the
- 46:13spectrum. The they're trading crypto.
- 46:15They're already starting at 12/13/14 years old, which is
- 46:17unbelievable. And they're trading up to 2530
- 46:20year olds. But there's the other part of
- 46:21the market that are very confused.
- 46:23You have to have 15 wallets. You have to be on so many
- 46:25exchanges. You're trying to figure out
- 46:27where to buy what, how do you get this, this point or
- 46:29otherwise? Now you're taking the blue chip
- 46:31crypto part of the market, which is like the ISO 20022 cryptos
- 46:36like XRPXLMXDC. You've got Bitcoin, Ethereum,
- 46:40which are obviously the king and queen of the crypto market.
- 46:43And now you're combined mining in the technology, the
- 46:45innovation of AI along with having somebody managing it for
- 46:49you. And let me just throw, I don't
- 46:51know if I can do this or not. So I have to ask you before I do
- 46:53it. My understanding is this company
- 46:56that perfected this system that you have partnered with, they
- 47:00had a return I think since in four years in my right of about
- 47:03400 plus percent. Is that accurate and should I
- 47:06have even said that? No, that's OK.
- 47:08So the, the benchmark over that time period that you're
- 47:11referring to the benchmark meaning the, the token itself,
- 47:13Bitcoin increased about 400% and the strategy returned 670%.
- 47:21So a massive, massive difference with by the way, the most
- 47:24impressive year. Just to, to speak to your
- 47:26audience a little bit about the potential that this, this, this
- 47:30technology has. In 2022, Bitcoin fell in value
- 47:36over 40%, almost 50%. The strategy itself returned
- 47:4260%. So instead of losing 40%, which
- 47:46you would have if you had just been buying and holding Bitcoin,
- 47:49thanks to how advanced the strategies are, it was able to
- 47:52make you 60 instead of losing 40.
- 47:55It's really, really incredible technology.
- 47:57You know, I'll be honest with you, I'm not even going to
- 47:59pretend to understand, you know, the complexity of how this
- 48:03works. But I was actually introduced to
- 48:06these gentlemen who are now very good friends of mine about two
- 48:09years ago. And they're some of the most
- 48:13impressive people you'll ever meet.
- 48:14The amount of, you know, data that they're able to gather and,
- 48:18and the AI that they've built to analyze the data and spit out
- 48:21these signals is beyond anything that most of us can comprehend.
- 48:25But, you know, they have fully audited financials, fully
- 48:28audited returns. And what that means is, you
- 48:33know, our, our organization, our, our goal is going to be the
- 48:37face that you look at when you come and say, I want to get some
- 48:40exposure to crypto. I don't want to miss this wave,
- 48:43but I don't fully understand it. And what we're going to be able
- 48:46to accomplish for our clients, especially those who might not
- 48:48be as technologically savvy, is breaking it down in plain
- 48:51English, handling the entire back end for them from from the
- 48:56purchase to the wallets, to the storage, to the security, to the
- 48:59management. We will handle that for you.
- 49:02You, all you have to do is come to terms with the fact that
- 49:06crypto is here to stay. I want X percentage exposure of
- 49:10My Portfolio to it. And, and, you know, my advice
- 49:13would be, you know, once we have full capabilities of, of, of
- 49:18helping as many people as we know are going to want this,
- 49:21we're, we're issuing a soft launch in the beginning of the
- 49:23new year. And, you know, try it out, you
- 49:29know, let us show you what we can do.
- 49:32He doesn't necessarily have to be everything he'll ever say to
- 49:34put everything. But, you know, I think folks at
- 49:37this stage would really be doing themselves a disservice.
- 49:40The same way I always talk about gold and silver.
- 49:43It's. Generational wealth, That's what
- 49:44you're talking about. Generational.
- 49:46Wealth, it's such a massive opportunity.
- 49:49So let me, George, go ahead. Let me go for some people.
- 49:53So when you expect this to go operational?
- 49:57Our our goal is for a hard launch mid January.
- 50:01OK. Now is there any someone, let's
- 50:03say someone new starting off, they want to start off with an
- 50:06IRA where you guys were doing the crypto, What is there a
- 50:09minimum investment they got to put in or?
- 50:13So you know, not I, I usually say, you know, you can, you can
- 50:18pretty much start anywhere. Our, most of our, our minimum
- 50:23typically just due to the size of the strategy and, and the way
- 50:26things work and it would be about 25,000.
- 50:30Obviously, you know, exceptions can be made for, for folks you
- 50:35know, who listen to yourself and you know, have obviously been
- 50:37very good to us. We'll we'll do that for them,
- 50:39but it's. Innovative and getting them
- 50:41started this half the game because that's a learning curve.
- 50:43And I and I want to talk about that.
- 50:45George, go ahead. Did you have something else you
- 50:46want to add, George? Because I don't want to step
- 50:48well, I, I and I don't know, we, you know, let me be clear, guys,
- 50:51we didn't prep this before the show.
- 50:53I didn't discuss it with Jacob. He was really busy.
- 50:55Jonathan's been sick. Can you?
- 50:58First of all, I don't know if we're going to be.
- 51:00We've been in discussions. We're probably going to be doing
- 51:02a show. Are we going to be doing the
- 51:02show with you? Is that probably likely?
- 51:04I think more than likely, yeah. OK.
- 51:06Can you explain to the audience what that show is going to be
- 51:09about? Because I think what's really
- 51:10important, number one, you guys are hearing this fear first.
- 51:13So realize this is breaking news.
- 51:14And I think the opportunity here is massive.
- 51:16This is not an infomercial. We try to bring things to the
- 51:19big, big show, you know, audience and, and to do things
- 51:22with Jacob and these guys that we think will benefit the
- 51:24audience. Protecting your assets, growing
- 51:26your wealth, creating generational wealth.
- 51:28That's what our new show, the Crypto Power Hour is going to be
- 51:30about. This would be our second show.
- 51:32First of all, have you guys determined a name for the show?
- 51:34What are you going to call the show?
- 51:35Do you know yet? You know, we've been so busy
- 51:37getting everything else up and running so that you can handle
- 51:40handle the clients that come through the door.
- 51:42Don't say any names that you're thinking of, because if it's
- 51:44not. I'm not people.
- 51:46Don't do it if you haven't already locked up the URL, don't
- 51:48do it because it'll be gone in 5 minutes.
- 51:50OK, so, but can you explain to the audience what the show would
- 51:54be doing with you? What, what, what have you got in
- 51:56mind and what that's going to mean for the audience?
- 51:58Because finance, when it comes to crypto, this is an extremely
- 52:02complicated world. You're talking about Web 3
- 52:04blockchain, people are talking about quants, they're talking
- 52:07about, you know, short term contracts, they're talking about
- 52:09fulfillment, they're talking about transactional data.
- 52:11As compared to SWIFT, It's really a whole new lingo.
- 52:15Even myself, I've had to relearn almost, I feel like I'm learning
- 52:18a brand new language because I've been doing it for now for
- 52:21about four months. With Solemn Global.
- 52:23Can you explain to the audience what the concept of the show is,
- 52:25how that will help people? Absolutely.
- 52:28So our goal is really to go from from the first show A-Z on
- 52:34everything crypto without diving so deep unless, unless your
- 52:39audience really has a demand for it.
- 52:41But the reality is the the majority of people who who have
- 52:44that extreme knowledge of crypto have probably already figured
- 52:47out something themselves. The, the, the goal of not only
- 52:50this company, but the new show is going to be to, to break
- 52:53things down in plain English, eliminate the jargon and the
- 52:56complexity and, and, and really just get down to what can
- 53:00cryptocurrency do for me? Why is it the right time to look
- 53:04at it? How do I know that this is the
- 53:07company that my money should be with?
- 53:09And, and the answer to that is we're simply coming to market
- 53:11with something that absolutely nobody else has.
- 53:14And, and that's the most exciting part of this is that,
- 53:17you know, Animus Technologies is the name of the company that
- 53:20powers the strategies themselves.
- 53:21They've been around for seven years, which you know, for a
- 53:24financial institution doesn't sound long.
- 53:26But when you consider the cryptocurrency space has only
- 53:29really existed for 10 years in the mainstream, you know, that's
- 53:33a pretty long time. And you know, to, to your point,
- 53:36Lance, it's like, how do you how do you learn how to talk about
- 53:39something that's only existed for 15 years?
- 53:41It is like completely learning a new language.
- 53:44And so, you know, it's really to break things down in plain
- 53:47English, make sure that people understand their options and how
- 53:50simple it is. And more than anything explained
- 53:54that it shouldn't be scary. Just because something is new
- 53:57doesn't mean it should frighten people and, and, and let them
- 54:00miss out on a generational opportunity.
- 54:03Because I do think that the same way some folks who bought
- 54:06Bitcoin back in 2010, you know, now have made, you know,
- 54:09millions and millions of dollars, except maybe we lost
- 54:12Lance there. You know, everyone, everybody
- 54:18knows somebody who knows somebody who made a killing
- 54:20because they bought Bitcoin in 2012 or 2014, right?
- 54:24And I think we're going to have another stretch here in the near
- 54:28future, especially with this pro cryptocurrency president, where
- 54:32folks who don't adopt at least a portion of it, we're going to
- 54:36look back on it with really, really large amounts of regrets.
- 54:39And our job is to get to the top of the tower and get the bull
- 54:42horns out and say, this is an opportunity here.
- 54:45You don't have to fully understand everything.
- 54:47You can trust us and and and let we'll try to take people to the
- 54:51promised land. Yeah, Lance.
- 54:53Lance just had a power Power Hour just text me.
- 54:56So when would the show be rolling out?
- 55:02I would say probably end of January, maybe February, if I
- 55:08had to, if I had to guess, give us some time to.
- 55:11Because The thing is that that I know because just speaking to
- 55:15people in our personal lives and clients of ours and people who
- 55:18we have business relationships with every single person that
- 55:21we've even teased this idea at is is busting down our doors to
- 55:25get in. And so we, we know with
- 55:27confidence that once we have the ability to, to hold the volume
- 55:32of folks that which we already have the infrastructure set up.
- 55:35Obviously we've been running Genesis, which is a very large
- 55:37company. We have all the infrastructure,
- 55:40but you know, we need a finger on the pulse of, of the way
- 55:43things are going. So we know what to expect, and
- 55:45then we're going to dive right into, you know, exactly what
- 55:48we've done with Genesis, which is try to bring it to the
- 55:50people. Yeah.
- 55:50I mean, you know, it's still, it's going to take a little
- 55:52time. You got to eventually pick out a
- 55:54name and make graphics and you know all the production that you
- 55:58know. You just don't want to rush
- 56:00anything, you know? Perfection takes time.
- 56:02Something like this is it's, it's unbelievable news.
- 56:06I think more people hear about this are going to go what I
- 56:09mean, it's going to, it's revolutionary in my opinion,
- 56:11because let's face it, if you can take an AI and build, build
- 56:16it and create algorithms to put your money in, if it's going to,
- 56:21if it's going to, the price is going to go low.
- 56:23We'll sell it at that high price and then it will buy back in at
- 56:26the low price. I mean, it's, you don't have to
- 56:29sit in there in front of the computer.
- 56:30So it's it's, it's saving you time.
- 56:32It's, it's investing your money the right way.
- 56:35It's like a no win win situation.
- 56:37You can't. It's.
- 56:39You know, a lot of times, yeah, a lot of a lot of companies, you
- 56:43know, in the in the gold space. What's made Genesis different is
- 56:47has been our approach to our clients, right?
- 56:49At the end of the day, folks are buying gold and silver.
- 56:52It's not rocket science. There's nothing, there's nothing
- 56:54really new about it, despite the fact that it might be the right
- 56:56time. Gold and silver hasn't changed
- 56:58for thousands of years. That's part of the beauty of it,
- 57:01right? The difference here is that our
- 57:04new company will have something that nobody else on planet earth
- 57:08has. The these strategies powered by
- 57:11Animus Technologies have only been available to hedge funds
- 57:14and ultra high net worth individuals for the last five
- 57:17years. And when I was connected with
- 57:19them, I started thinking well, what would happen if we were
- 57:23able to get these these strategies and make them
- 57:25available to the American people.
- 57:26What sort of impact could that have where average Americans are
- 57:30seeing 67% average returns on their IR as I mean think about
- 57:36that compounded over 10/15/20 years of retirement savings.
- 57:41This could change people's lives, and I honestly believe
- 57:43that it will. I think it will too.
- 57:45I mean, listen, it's, it's definitely a life changer, no
- 57:51doubt. And we're going to see it happen
- 57:53sooner or later. It's going to it's going to, I
- 57:56think once people actually see it and even to just be educated
- 58:01on the show, what's going on, you think it's going to be huge,
- 58:04huge potential because let's face it, going into these crypto
- 58:08wallets is, is sometimes it's difficult for me.
- 58:13And I can't imagine people that really not, don't know tech like
- 58:17it's difficult. And I always say the person, and
- 58:19I'll say this again, the person that creates a wallet or
- 58:23exchange, I'm going to say where you can buy any cryptic oil in
- 58:26that exchange. You don't have to go to this
- 58:27one. That one when makes the process
- 58:30simple. It's going to be the forefront
- 58:34of making billions of dollars because it's crazy.
- 58:37Now you have to go to this one to that one.
- 58:39It shouldn't be that complicated.
- 58:40Unfortunately, it is right now. Hopefully someone will come up
- 58:43with that idea. Maybe your guys, the goal, the
- 58:46goal is early. Early is simplicity.
- 58:49And I, I really think that's what we've accomplished because
- 58:51the reality is with the way the crypto market is set up right
- 58:54now, there are a lot of moving pieces.
- 58:56But, and right now your average everyday American who wants to
- 59:00go and buy crypto has to manage all of those pieces themselves,
- 59:03right? And the idea here with this new
- 59:05venture is that you have one company that you're talking to
- 59:09that's trusted, that has a reputation in the industry, that
- 59:12has years of expertise. That's who you're facing.
- 59:15And, and we handle all the, all the nonsense for you because the
- 59:19reality is overcomplication. It will hold people back from
- 59:24making a decision that they know is good for them.
- 59:26And what I want to say, George, before, before, you know, we
- 59:28sort of wrap things up, I would, I do want to say if anyone
- 59:31that's listening has any interest or wants to register
- 59:35their interest, they can e-mail me directly and I can get some,
- 59:38some preliminary information for any of your viewers.
- 59:42It's my emails. J dot Diaz at Block Trust.
- 59:46That's the name of the new company, Block trustira.com.
- 59:49Or if you if you don't get. That.
- 59:51Or you can reach out to one of us and we'll pass that
- 59:53information on to Jacob More than happy to.
- 59:57Go to that way. Yeah.
- 59:58So just let Jonathan know I'm going to take it easy on on the
- 1:00:01crypto part. I'm just going to tell him I
- 1:00:03need 1/4 of Bitcoin. You know what, that might be a
- 1:00:06harder sell, but we can talk about talk about lighting, some
- 1:00:10fees for you or something. He's not off the hook for the
- 1:00:15gold, though. I can't wait for this other
- 1:00:18show. It's going to be more more the
- 1:00:19same, I hope. Well, yeah, you know, listen, if
- 1:00:23you can make, I always say if you can educate people, but make
- 1:00:26it interesting and fun because you remember back in school you
- 1:00:30sent a teacher and teachers just like reading out a book, like,
- 1:00:32no, no, not like you're like, huh, It's boring.
- 1:00:36You always have to achieve it with public speaking.
- 1:00:38You always have to do something with your hands.
- 1:00:39You have to track to keep their attention.
- 1:00:41So you know, that's what we do. Not enough our good looks, you
- 1:00:45know, US 2, you know, Jonathan and Lance are something else to
- 1:00:48be. We don't want to go there, but
- 1:00:51you know. But.
- 1:00:53So before we get cut out, we Genesis goal group, the big, big
- 1:00:58show, we all want to wish everybody a very Merry Christmas
- 1:01:04healthy. And you're not going to be here
- 1:01:06for New Year. So we'll see him.
- 1:01:07We won't see you till next year, right?
- 1:01:09I believe I'll be seeing you on the third, maybe the 4th.
- 1:01:15Be nice. All right.
- 1:01:17Well, happy new year from Genesis Gold Group.
- 1:01:21Our prayers are with Jonathan to a speedy recovery.
- 1:01:24We got any last things? I don't even know tonight.
- 1:01:26We have. I don't even know who we have.
- 1:01:27We have. I can't remember his name.
- 1:01:29It's like stuck in my head today.
- 1:01:32I got this head cold going on. We have a big show tonight,
- 1:01:35though, Colonel WI believe. Yeah, we make sure.
- 1:01:42Or I could let you go 'cause you're early anyway.
- 1:01:44Oh, no, Allen W, he'll be on the show tonight, 7:00 Eastern.
- 1:01:48Make sure you're there. And don't forget, take these
- 1:01:52clips, pass it around, pass this big news out that Genesis Gold
- 1:01:57Group is going to have the availability for you to do your
- 1:02:03IRA, invest your IRA using crypto.
- 1:02:06That is a win win situation. Pass this information around.
- 1:02:10They're going to have a big crypto show.
- 1:02:13We'll be part of it hopefully and then you know what it's
- 1:02:15going to be fun bringing information.
- 1:02:16I can't wait for to hear the, the feedback from people when
- 1:02:21they start investing just to, you know, the feedback that's
- 1:02:25going to be free because. We've got a lot of great
- 1:02:28testimonials from folks who've been working in, in these
- 1:02:30strategies for, for the last couple years and they've made a
- 1:02:33lot of money. And generally speaking, when you
- 1:02:35when you run a clean operation, you make your clients money,
- 1:02:38folks tend to be pretty happy. So like I said, reach out to to
- 1:02:42George and Lance if you have any early interest.
- 1:02:44It's probably the best way to get it done and they can pass it
- 1:02:46on to me. But we'll have more concrete and
- 1:02:49exciting news for you guys in the new year.
- 1:02:52And this is what they say when Genesis Gold Group says they
- 1:02:54believe in two things, that we serve God and our customers
- 1:02:57right here. They're just telling you right
- 1:02:59now what they're doing. They're serving God, their
- 1:03:01faith, and they're serving their customers the right way.
- 1:03:05Amen. No secret tricks, none of that
- 1:03:07stuff. They're very upfront, honest
- 1:03:10people, and that's why we're here with them.
- 1:03:11So you all have a great weekend. God bless.
- 1:03:13Merry Christmas, Happy New Year and stay frosty.
- 1:03:18God bless. As an American who keeps up with
- 1:03:24the real news, you know by now the severity of the economic
- 1:03:27issues that are plaguing our great nation.
- 1:03:30My name is Jonathan Rose and I'm the CEO of Genesis Gold Group,
- 1:03:34the only major faith driven company in the industry. 2024 is
- 1:03:38a year full of uncertainties. With trillions of dollars in
- 1:03:42national debt, inflation impacting your savings, and the
- 1:03:46pivotal election year, your Peace of Mind is more valuable
- 1:03:50than ever and now is the time to use physical gold and silver to
- 1:03:53preserve your hard earned retirement savings with a gold
- 1:03:57IRA. Call Genesis Gold Group today.
- 1:03:59Our team has decades of experience helping folks just
- 1:04:02like you take their first step on the path to true financial
- 1:04:05freedom with a gold and silver IRA.
- 1:04:09Call Genesis Gold Group today at 1-8 Hundred 200 Gold for a known
- 1:04:12commitment informative consultation with one of our
- 1:04:15experts to find out if we can be a fit for you.
- 1:04:17Call now at 1-800-200-4653 or visit genesisgoldgroup.com.
- 1:04:22In a world of uncertainty, be prepared with silver pepper
- 1:04:26bars, your ultimate hedge against political instability
- 1:04:29and economic turmoil. Introducing the Silver Pepper
- 1:04:32Bar crafted from .999 pure silver and proudly made in the
- 1:04:37USA, this tangible, divisible asset can come in handy even in
- 1:04:41the toughest of times. Portable, perforated, and easily
- 1:04:45tradable, the Silver Pepper Bar is your lifeline in times of
- 1:04:48crisis. When facing inflation, currency
- 1:04:51devaluation, and financial meltdown, Silver Pepper Bars
- 1:04:54provide Peace of Mind. Don't wait for disaster to
- 1:04:57strike. Secure your future today with
- 1:04:59the exclusive Silver Pepper Bar, the only silver bar on the
- 1:05:03market, divisible into three different sized pieces for
- 1:05:06maximum utility, all while fitting in your wallet.
- 1:05:09The smart choice for savvy investors and preppers alike.
- 1:05:13With Silver Pepper Bars, you're ready for whatever tomorrow
- 1:05:16brings. Hi folks, I'm here today to
- 1:05:19introduce you to the Prepper Bar from prepperbar.com, the most
- 1:05:22unique precious metals product we have seen in a long time.
- 1:05:25These 62g bars are perforated and easily broken down into your
- 1:05:30choice of three different sizes to fit a multitude of needs.
- 1:05:33Whether it be from asset protection from inflation,
- 1:05:36economic turmoil, or its unique utility for barter and trade,
- 1:05:40the Prepper Bar makes a perfect gift for all the precious metal
- 1:05:44lovers out there. Exclusively made here in the USA
- 1:05:47and selling out fast. Available in both gold and
- 1:05:50silver, these slim prepper bars fit neatly in your wallet and
- 1:05:54their utility enables use in any situation.
- 1:05:56As gold and silver prices continue to surge and top
- 1:06:00economist predict upcoming shortages, now is the time to
- 1:06:03secure your precious metals in the form of prepper bars.
- 1:06:06Go to prepperbar.com now and place your order before supply
- 1:06:11runs out and prices go up. All payment methods accepted.
- 1:06:14Order your silver pepper bars now at pepperbar.com.
- 1:06:18Silver pepper bars ready for whatever tomorrow brings?
- 1:06:21Order now.