![\"\"](\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2024\/01\/Slide1.jpg\")
<\/a> ![\"\"](\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2024\/01\/Slide2.jpg\")
<\/a> ![\"\"](\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2024\/01\/Slide3.jpg\")
<\/a> ![\"\"](\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2024\/01\/Slide4.jpg\")
<\/a> ![\"\"](\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2024\/01\/Slide5.jpg\")
<\/a> ![\"\"](\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2024\/01\/Slide6.jpg\")
<\/a> ![\"\"](\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2024\/01\/Slide7.jpg\")
<\/a> ![\"\"](\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2024\/01\/Slide8.jpg\")
<\/a><\/p>\n<\/p>\n
SOURCES:<\/p>\n
https:\/\/fred.stlouisfed.org\/series\/M2SL\u200b<\/a><\/p>\n https:\/\/fred.stlouisfed.org\/series\/M2V<\/a><\/p>\n https:\/\/www.cnbc.com\/2023\/12\/25\/inflation-has-created-a-dark-cloud-over-how-everyday-americans-view-the-economy.html?recirc=taboolainternal<\/a><\/p>\n https:\/\/wid.world\/country\/usa\/<\/a><\/p>\n https:\/\/www.aljazeera.com\/news\/2023\/12\/13\/argentinas-far-right-president-starts-term-with-sharp-currency-devaluation#:~:text=Argentina’s%20government%20has%20announced%20it,worst%20economic%20crisis%20in%20decades.\u200b<\/a><\/p>\n https:\/\/www.xe.com\/currencycharts\/?from=XAU&to=ARS&view=1M\u200b\u200b<\/a><\/p>\n Milei<\/span><\/span><\/a>\u00a0Sets Up Argentina Privatizations for Airline, YPF – Bloomberg<\/span><\/span><\/a>\u200b<\/span><\/p>\n <\/p>\n VIDEO TRANSCRIPT:<\/p>\n 00:00:00:00 – 00:00:03:02<\/p>\n In 1971 when Nixon took<\/p>\n 00:00:03:02 – 00:00:06:02<\/p>\n us off the gold standard,<\/p>\n 00:00:06:02 – 00:00:09:06<\/p>\n we became our currency became purely<\/p>\n 00:00:09:06 – 00:00:12:11<\/p>\n based on the issuance of debt,<\/p>\n 00:00:12:13 – 00:00:16:21<\/p>\n and we began a supercycle by consistently<\/p>\n 00:00:16:23 – 00:00:22:10<\/p>\n lowering interest rates<\/p>\n and encouraging everyone, governments,<\/p>\n 00:00:22:10 – 00:00:25:17<\/p>\n corporations<\/p>\n and individual oils to take on<\/p>\n 00:00:25:17 – 00:00:28:17<\/p>\n even more debt.<\/p>\n 00:00:28:19 – 00:00:32:06<\/p>\n Many best about this book,<\/p>\n The Great Taking,<\/p>\n 00:00:32:08 – 00:00:38:06<\/p>\n and we’re going to talk about that today<\/p>\n because really the system is<\/p>\n 00:00:38:08 – 00:00:43:10<\/p>\n has been so abused,<\/p>\n the debt levels are so high.<\/p>\n 00:00:43:12 – 00:00:45:16<\/p>\n Some of it’s based on collateral.<\/p>\n 00:00:45:16 – 00:00:48:16<\/p>\n Some of it’s not based on collateral.<\/p>\n 00:00:48:19 – 00:00:52:12<\/p>\n But in this, it’s<\/p>\n the taking of all collateral.<\/p>\n 00:00:52:17 – 00:00:56:01<\/p>\n So when you hear people<\/p>\n talk about the greatest wealth<\/p>\n 00:00:56:01 – 00:00:59:17<\/p>\n transfer in history,<\/p>\n 00:00:59:19 – 00:01:00:23<\/p>\n it’s the great taking.<\/p>\n 00:01:00:23 – 00:01:05:16<\/p>\n We’re going to talk about it coming up.<\/p>\n 00:01:05:18 – 00:01:06:19<\/p>\n I\u2019m Lynette Zang<\/p>\n 00:01:06:19 – 00:01:09:19<\/p>\n chief market analyst at ITM Trading<\/p>\n 00:01:09:20 – 00:01:14:19<\/p>\n and I would like to welcome you<\/p>\n to the New Year.<\/p>\n 00:01:15:01 – 00:01:17:01<\/p>\n I can’t believe it’s 2024.<\/p>\n 00:01:17:01 – 00:01:20:23<\/p>\n And what an interesting year<\/p>\n this is most likely to be.<\/p>\n 00:01:21:01 – 00:01:23:20<\/p>\n There are a lot of things that I see<\/p>\n coming up,<\/p>\n 00:01:23:20 – 00:01:28:02<\/p>\n but definitely<\/p>\n the Great taking is one of them.<\/p>\n 00:01:28:04 – 00:01:29:22<\/p>\n So what’s this book about?<\/p>\n 00:01:29:22 – 00:01:32:10<\/p>\n And by the way,<\/p>\n I think Taylor Kenny is coming out<\/p>\n 00:01:32:10 – 00:01:38:01<\/p>\n also with a video on this on Sunday since<\/p>\n so many people wanted to talk about it.<\/p>\n 00:01:38:03 – 00:01:40:18<\/p>\n And what this does is just kind of put<\/p>\n 00:01:40:18 – 00:01:44:07<\/p>\n in small format size,<\/p>\n what we’ve been talking about<\/p>\n 00:01:44:12 – 00:01:48:16<\/p>\n for years and years and years<\/p>\n and what is the great reset,<\/p>\n 00:01:48:18 – 00:01:53:12<\/p>\n but a shift in the collateral<\/p>\n from the many to the few.<\/p>\n 00:01:53:12 – 00:01:54:21<\/p>\n What’s inflation?<\/p>\n 00:01:54:21 – 00:01:58:11<\/p>\n A shift from the many to the few.<\/p>\n 00:01:58:16 – 00:02:01:16<\/p>\n So this is really what<\/p>\n we’ve been talking about.<\/p>\n 00:02:01:20 – 00:02:03:10<\/p>\n Now, what is this book about?<\/p>\n 00:02:03:10 – 00:02:08:15<\/p>\n It’s the taking of collateral<\/p>\n globally synchronized debt<\/p>\n 00:02:08:15 – 00:02:13:12<\/p>\n accumulation, supercycle,<\/p>\n which is what has been engineered<\/p>\n 00:02:13:12 – 00:02:17:16<\/p>\n by the central banks<\/p>\n by consistently lowering interest rates.<\/p>\n 00:02:17:18 – 00:02:24:01<\/p>\n At the peak they were at intraday<\/p>\n I think it was 21 and change<\/p>\n 00:02:24:03 – 00:02:27:02<\/p>\n interest down to zero<\/p>\n 00:02:27:02 – 00:02:30:01<\/p>\n and was held at zero for 15 years.<\/p>\n 00:02:30:01 – 00:02:35:15<\/p>\n But it includes this great<\/p>\n taking, includes all financial assets,<\/p>\n 00:02:35:17 – 00:02:39:21<\/p>\n all the money on deposit in the banks,<\/p>\n all stocks and bonds<\/p>\n 00:02:39:21 – 00:02:45:03<\/p>\n and has all underlying property<\/p>\n of all public corporations.<\/p>\n 00:02:45:05 – 00:02:50:06<\/p>\n And I know that this can seem outrageous,<\/p>\n but the difference between inflation<\/p>\n 00:02:50:06 – 00:02:55:06<\/p>\n and hyperinflation is simply<\/p>\n the speed of that inflation.<\/p>\n 00:02:55:08 – 00:02:57:16<\/p>\n If it happens slowly, it still happens.<\/p>\n 00:02:57:16 – 00:02:59:21<\/p>\n You just don’t notice it.<\/p>\n 00:02:59:21 – 00:03:04:16<\/p>\n Privately owned personal and real property<\/p>\n financed with any amount of debt,<\/p>\n 00:03:04:21 – 00:03:10:10<\/p>\n will be similarly taken, as will<\/p>\n the assets of privately owned businesses,<\/p>\n 00:03:10:15 – 00:03:15:03<\/p>\n which have them financed with debt.<\/p>\n 00:03:15:05 – 00:03:19:00<\/p>\n And keep in mind that if you owe<\/p>\n 00:03:19:03 – 00:03:24:04<\/p>\n somebody money on that collateral<\/p>\n and you can’t pay it,<\/p>\n 00:03:24:06 – 00:03:25:12<\/p>\n guess what?<\/p>\n 00:03:25:12 – 00:03:29:01<\/p>\n They’re going to take that collateral away<\/p>\n from you.<\/p>\n 00:03:29:02 – 00:03:33:06<\/p>\n Private closely held<\/p>\n control of all central banks<\/p>\n 00:03:33:08 – 00:03:38:07<\/p>\n and hence of all money<\/p>\n creation has allowed a very few people<\/p>\n 00:03:38:07 – 00:03:43:08<\/p>\n to control all political parties,<\/p>\n governments, their intelligence agencies,<\/p>\n 00:03:43:10 – 00:03:47:17<\/p>\n major corporations,<\/p>\n and of course, the media and everything.<\/p>\n 00:03:47:17 – 00:03:52:05<\/p>\n We have a semblance or an image of choice,<\/p>\n 00:03:52:09 – 00:03:57:05<\/p>\n but in reality<\/p>\n everything is owned by a very few people.<\/p>\n 00:03:57:07 – 00:04:00:22<\/p>\n And these entities have been consolidating<\/p>\n 00:04:00:22 – 00:04:04:16<\/p>\n over the years,<\/p>\n the banks, particularly since 2000.<\/p>\n 00:04:04:21 – 00:04:11:00<\/p>\n When a bank fails, the good assets<\/p>\n go to the few and then and then the<\/p>\n 00:04:11:01 – 00:04:15:08<\/p>\n the bad assets are absorbed by the many,<\/p>\n the taxpayers.<\/p>\n 00:04:15:10 – 00:04:16:04<\/p>\n Right.<\/p>\n 00:04:16:04 – 00:04:21:13<\/p>\n So by controlling the narrative,<\/p>\n that’s that perception, manage moment<\/p>\n 00:04:21:15 – 00:04:24:20<\/p>\n where they want to control how you think<\/p>\n 00:04:25:01 – 00:04:30:13<\/p>\n and therefore how you move into<\/p>\n and through a circumstance.<\/p>\n 00:04:30:15 – 00:04:35:01<\/p>\n And it’s easier to get people<\/p>\n to cooperate with deception<\/p>\n 00:04:35:03 – 00:04:39:01<\/p>\n because once you know the truth,<\/p>\n you make different choices<\/p>\n 00:04:39:03 – 00:04:42:00<\/p>\n and that takes away<\/p>\n some level of their control.<\/p>\n 00:04:42:00 – 00:04:46:03<\/p>\n I remember we vote with our wallets<\/p>\n and we vote with our purses.<\/p>\n 00:04:46:04 – 00:04:51:00<\/p>\n And so this is<\/p>\n my vote is out of the system.<\/p>\n 00:04:51:02 – 00:04:55:09<\/p>\n And as the Bank for<\/p>\n International Settlements so aptly states,<\/p>\n 00:04:55:11 – 00:04:58:15<\/p>\n gold, physical gold in your possession<\/p>\n 00:04:58:15 – 00:05:04:01<\/p>\n is the only financial asset<\/p>\n that does not run counterparty risk,<\/p>\n 00:05:04:07 – 00:05:07:03<\/p>\n therefore does not risk<\/p>\n 00:05:07:03 – 00:05:09:18<\/p>\n the loss of that collateral<\/p>\n 00:05:09:18 – 00:05:13:16<\/p>\n money<\/p>\n is an extremely efficient control system.<\/p>\n 00:05:13:17 – 00:05:17:12<\/p>\n If you have<\/p>\n everybody bought into the same system<\/p>\n 00:05:17:18 – 00:05:23:09<\/p>\n because all they have to do<\/p>\n is push a button and create devaluation<\/p>\n 00:05:23:10 – 00:05:27:19<\/p>\n and they can even do that<\/p>\n by decree pretty easily.<\/p>\n 00:05:27:21 – 00:05:29:12<\/p>\n So keep that in mind.<\/p>\n 00:05:29:12 – 00:05:32:17<\/p>\n Many say an extremely efficient<\/p>\n control system.<\/p>\n 00:05:32:19 – 00:05:35:19<\/p>\n If you are dependent upon the money<\/p>\n 00:05:35:21 – 00:05:40:00<\/p>\n that you earn from the system by design,<\/p>\n 00:05:40:03 – 00:05:44:05<\/p>\n you are earning less<\/p>\n and less over time through inflation.<\/p>\n 00:05:44:07 – 00:05:49:07<\/p>\n Remember, they knew two key pieces<\/p>\n when they set the system up.<\/p>\n 00:05:49:09 – 00:05:54:21<\/p>\n Number one was that people marry<\/p>\n the legal money of the state<\/p>\n 00:05:55:02 – 00:05:57:22<\/p>\n and they cannot help<\/p>\n but think that at some point<\/p>\n 00:05:57:22 – 00:06:01:04<\/p>\n it must regain some of its former glory,<\/p>\n which<\/p>\n 00:06:01:04 – 00:06:04:10<\/p>\n it never does, because by design<\/p>\n 00:06:04:12 – 00:06:08:07<\/p>\n being debt based in the interest<\/p>\n you have to pay on that debt<\/p>\n 00:06:08:12 – 00:06:13:20<\/p>\n and the ability of central banks<\/p>\n to print us into oblivion.<\/p>\n 00:06:13:22 – 00:06:16:15<\/p>\n See, there’s lots<\/p>\n and lots of data on this.<\/p>\n 00:06:16:15 – 00:06:21:07<\/p>\n It is the same old story<\/p>\n over and over again, which also means<\/p>\n 00:06:21:07 – 00:06:25:17<\/p>\n that there are repeatable patterns<\/p>\n that if you can learn how to see them,<\/p>\n 00:06:25:19 – 00:06:31:21<\/p>\n you can make different choices<\/p>\n and not be subject to this great taking.<\/p>\n 00:06:31:23 – 00:06:32:07<\/p>\n And then<\/p>\n 00:06:32:07 – 00:06:38:05<\/p>\n finally, the money control system<\/p>\n breaks down at the end of a monetary<\/p>\n 00:06:38:05 – 00:06:42:22<\/p>\n super cycle<\/p>\n with collapse in the velocity of money.<\/p>\n 00:06:43:00 – 00:06:44:17<\/p>\n So let’s examine that.<\/p>\n 00:06:44:17 – 00:06:47:23<\/p>\n This is something that we’ve talked<\/p>\n about a lot, and it’s also something<\/p>\n 00:06:47:23 – 00:06:52:10<\/p>\n I said<\/p>\n when this shift occurs in a pervasive way,<\/p>\n 00:06:52:12 – 00:06:56:21<\/p>\n then I believe we will be at the beginning<\/p>\n of the hyperinflationary cycle.<\/p>\n 00:06:57:02 – 00:06:59:16<\/p>\n So we’re going to look at that right now.<\/p>\n 00:06:59:16 – 00:07:04:15<\/p>\n And what you’re looking at here<\/p>\n is the M2, the money supply.<\/p>\n 00:07:04:15 – 00:07:06:09<\/p>\n It’s not the total money supply.<\/p>\n 00:07:06:09 – 00:07:10:05<\/p>\n They took that away from us,<\/p>\n the M3 in 2006.<\/p>\n 00:07:10:07 – 00:07:13:07<\/p>\n But the M2 will just use as a proxy.<\/p>\n 00:07:13:07 – 00:07:17:02<\/p>\n And you can see how much and how quickly<\/p>\n 00:07:17:04 – 00:07:20:00<\/p>\n we have printed money into oblivion.<\/p>\n 00:07:20:00 – 00:07:24:03<\/p>\n But look at what we’re facing right now,<\/p>\n 00:07:24:04 – 00:07:28:11<\/p>\n which is a decline in the M2.<\/p>\n 00:07:28:13 – 00:07:31:20<\/p>\n So money is actually<\/p>\n when they’re tightening.<\/p>\n 00:07:32:00 – 00:07:37:21<\/p>\n Do you see anything that looks like that<\/p>\n leading up to this point?<\/p>\n 00:07:37:21 – 00:07:44:02<\/p>\n And this is from 1960,<\/p>\n and that would be an absolute no.<\/p>\n 00:07:44:04 – 00:07:48:13<\/p>\n So notice the deflationary shift<\/p>\n in the money supply.<\/p>\n 00:07:48:15 – 00:07:51:10<\/p>\n This is a pattern shift.<\/p>\n 00:07:51:10 – 00:07:53:05<\/p>\n It is any indication,<\/p>\n 00:07:53:05 – 00:07:57:03<\/p>\n even if you don’t know what it means,<\/p>\n it doesn’t really matter.<\/p>\n 00:07:57:05 – 00:08:01:08<\/p>\n What this tells you is things have changed<\/p>\n 00:08:01:08 – 00:08:04:19<\/p>\n or are changing<\/p>\n or in the process of changing.<\/p>\n 00:08:04:21 – 00:08:08:19<\/p>\n This is a heads up<\/p>\n that we have entered a new part.<\/p>\n 00:08:08:19 – 00:08:13:19<\/p>\n And I think the beginning<\/p>\n of the hyperinflation, even though<\/p>\n 00:08:13:21 – 00:08:19:09<\/p>\n the IMF came out and said, look at this,<\/p>\n the Fed has engineered a soft landing.<\/p>\n 00:08:19:11 – 00:08:22:11<\/p>\n zip a dee doo dah. Great, great day.<\/p>\n 00:08:22:11 – 00:08:24:23<\/p>\n This is not over yet.<\/p>\n 00:08:24:23 – 00:08:28:14<\/p>\n And the IMF is just doing their job,<\/p>\n 00:08:28:14 – 00:08:32:04<\/p>\n which is to keep you comfortable<\/p>\n and keep you in the system.<\/p>\n 00:08:32:08 – 00:08:33:14<\/p>\n It ain’t over yet.<\/p>\n 00:08:33:14 – 00:08:37:05<\/p>\n It ain’t over by a mile yet<\/p>\n because this debt<\/p>\n 00:08:37:05 – 00:08:42:08<\/p>\n supercycle is over and the central bank’s<\/p>\n popped it themselves.<\/p>\n 00:08:42:10 – 00:08:47:22<\/p>\n Now what you’re looking at here<\/p>\n is the velocity of the money supply.<\/p>\n 00:08:47:22 – 00:08:53:13<\/p>\n And it was in 1997<\/p>\n when we hit our peak right there.<\/p>\n 00:08:53:15 – 00:08:56:21<\/p>\n And you can see how much<\/p>\n that has declined.<\/p>\n 00:08:56:21 – 00:09:01:01<\/p>\n And I tried to line this up<\/p>\n so that you could see<\/p>\n 00:09:01:03 – 00:09:05:07<\/p>\n that one is coordinated<\/p>\n with the with the other,<\/p>\n 00:09:05:09 – 00:09:08:07<\/p>\n because up until the recent shift,<\/p>\n 00:09:08:07 – 00:09:14:12<\/p>\n no matter how much money<\/p>\n they pushed into the system,<\/p>\n 00:09:14:14 – 00:09:15:20<\/p>\n the velocity of<\/p>\n 00:09:15:20 – 00:09:18:23<\/p>\n money, the times that the number of times<\/p>\n 00:09:18:23 – 00:09:23:02<\/p>\n that money changes<\/p>\n hands has been plummeting.<\/p>\n 00:09:23:04 – 00:09:26:10<\/p>\n So it’s like pushing on a string<\/p>\n and it takes more.<\/p>\n 00:09:26:10 – 00:09:31:12<\/p>\n And we’ve seen this certainly through<\/p>\n all of the money printing in the QE,<\/p>\n 00:09:31:13 – 00:09:36:21<\/p>\n no matter how much more they did,<\/p>\n it really didn’t move the envelope enough.<\/p>\n 00:09:36:21 – 00:09:39:11<\/p>\n And it’s like any other kind of drug.<\/p>\n 00:09:39:11 – 00:09:44:12<\/p>\n The more you take,<\/p>\n the more you need just to feel normal.<\/p>\n 00:09:44:16 – 00:09:50:02<\/p>\n So the more that it’s taken of the money<\/p>\n printing to make things appear normal.<\/p>\n 00:09:50:06 – 00:09:51:19<\/p>\n But they’re not normal.<\/p>\n 00:09:51:19 – 00:09:55:20<\/p>\n And now you can see this shift<\/p>\n 00:09:55:21 – 00:09:59:13<\/p>\n where money is changing hands<\/p>\n a lot more quickly.<\/p>\n 00:09:59:15 – 00:10:04:09<\/p>\n Part of that is due to the inflation<\/p>\n that we’ve been experiencing.<\/p>\n 00:10:04:11 – 00:10:08:17<\/p>\n You know, if they can keep it at 2%,<\/p>\n then they’re still getting<\/p>\n 00:10:08:17 – 00:10:12:06<\/p>\n a decline in the purchasing power<\/p>\n value of the currency.<\/p>\n 00:10:12:08 – 00:10:14:01<\/p>\n But you don’t notice it.<\/p>\n 00:10:14:01 – 00:10:19:21<\/p>\n You don’t make changes in<\/p>\n asking for more money from your job<\/p>\n 00:10:19:23 – 00:10:24:17<\/p>\n or even in the choices that you make<\/p>\n and how you spend your money.<\/p>\n 00:10:24:19 – 00:10:29:02<\/p>\n But when inflation happens noticeably,<\/p>\n 00:10:29:04 – 00:10:31:21<\/p>\n you start to make the different changes.<\/p>\n 00:10:31:21 – 00:10:37:07<\/p>\n And you can see from here<\/p>\n that changes are definitely<\/p>\n 00:10:37:10 – 00:10:41:03<\/p>\n being made<\/p>\n and I want you to notice something.<\/p>\n 00:10:41:05 – 00:10:41:20<\/p>\n Okay.<\/p>\n 00:10:41:20 – 00:10:46:07<\/p>\n This peak hit in the first quarter of 22.<\/p>\n 00:10:46:09 – 00:10:49:09<\/p>\n Well, when did the shift in money<\/p>\n spending happen?<\/p>\n 00:10:49:09 – 00:10:53:04<\/p>\n And that was in the third quarter of 2021.<\/p>\n 00:10:53:06 – 00:10:58:09<\/p>\n So the shift had already taken place<\/p>\n 00:10:58:11 – 00:11:02:08<\/p>\n with more money chasing fewer goods.<\/p>\n 00:11:02:10 – 00:11:06:03<\/p>\n And this is why I’m telling you, hey,<\/p>\n I could be wrong, right?<\/p>\n 00:11:06:03 – 00:11:08:22<\/p>\n This is not something<\/p>\n that’s within my control.<\/p>\n 00:11:08:22 – 00:11:13:22<\/p>\n But I’ve been in these markets<\/p>\n on some level since 1964,<\/p>\n 00:11:14:00 – 00:11:17:11<\/p>\n and I’ve been a stockbroker,<\/p>\n I’ve been a banker, I’ve paid attention<\/p>\n 00:11:17:11 – 00:11:22:04<\/p>\n to currency issues and the lifecycle<\/p>\n of currencies since 1987.<\/p>\n 00:11:22:10 – 00:11:24:19<\/p>\n And I’m telling you, we are at the end.<\/p>\n 00:11:24:19 – 00:11:26:03<\/p>\n There’s no doubt in my mind.<\/p>\n 00:11:26:03 – 00:11:29:05<\/p>\n That’s why I’ve done everything<\/p>\n that I’ve done with my urban<\/p>\n 00:11:29:05 – 00:11:33:01<\/p>\n farm in the bug out location<\/p>\n and everything else.<\/p>\n 00:11:33:03 – 00:11:35:09<\/p>\n No more procrastinating.<\/p>\n 00:11:35:09 – 00:11:39:16<\/p>\n If you haven’t clicked that cowardly<\/p>\n link yet and set up a time to get your own<\/p>\n 00:11:39:16 – 00:11:43:12<\/p>\n personal strategy in place,<\/p>\n I suggest you do it today.<\/p>\n 00:11:43:15 – 00:11:48:02<\/p>\n Now, this moment,<\/p>\n 00:11:48:04 – 00:11:49:03<\/p>\n because I<\/p>\n 00:11:49:03 – 00:11:52:20<\/p>\n can’t<\/p>\n tell you when all choices will be lost.<\/p>\n 00:11:52:22 – 00:11:55:23<\/p>\n We’re seeing spot over 2000 bucks<\/p>\n announced.<\/p>\n 00:11:55:23 – 00:12:00:02<\/p>\n It’s still dirt<\/p>\n cheap to its fundamental value.<\/p>\n 00:12:00:04 – 00:12:02:21<\/p>\n So again, it bottomed.<\/p>\n 00:12:02:21 – 00:12:08:09<\/p>\n The monetary velocity<\/p>\n bottomed in Q3 of 2021.<\/p>\n 00:12:08:15 – 00:12:11:21<\/p>\n And then we saw the shift after that<\/p>\n 00:12:11:23 – 00:12:15:11<\/p>\n in Q1 of 2022.<\/p>\n 00:12:15:13 – 00:12:18:13<\/p>\n In the money that’s in the system.<\/p>\n 00:12:18:18 – 00:12:22:13<\/p>\n Personally, I think the hyperinflation<\/p>\n has already begun<\/p>\n 00:12:22:15 – 00:12:26:08<\/p>\n and all of this is smoke and mirrors<\/p>\n that you’re seeing around there,<\/p>\n 00:12:26:10 – 00:12:31:16<\/p>\n the IMF coming out and saying,<\/p>\n look at the Fed, no recession.<\/p>\n 00:12:31:18 – 00:12:34:02<\/p>\n We have not felt<\/p>\n 00:12:34:02 – 00:12:37:02<\/p>\n how bad this is going to be.<\/p>\n 00:12:37:03 – 00:12:41:14<\/p>\n But the more they protest me<\/p>\n thinks they protest too much.<\/p>\n 00:12:41:16 – 00:12:43:00<\/p>\n They know what I’m showing you.<\/p>\n 00:12:43:00 – 00:12:45:10<\/p>\n They know even more than that.<\/p>\n 00:12:45:10 – 00:12:50:04<\/p>\n But the reality is, is that inflation<\/p>\n has created a dark cloud over<\/p>\n 00:12:50:04 – 00:12:54:22<\/p>\n how everyday Americans view the economy<\/p>\n because they’re the ones that are paying<\/p>\n 00:12:54:22 – 00:13:00:22<\/p>\n attention to the gas prices, to the food<\/p>\n prices, and maybe having to make choices<\/p>\n 00:13:01:00 – 00:13:05:07<\/p>\n on whether or not they put<\/p>\n food in the farm on the family table<\/p>\n 00:13:05:12 – 00:13:10:14<\/p>\n or gas in the car to get to work or not<\/p>\n get to work or or what have you.<\/p>\n 00:13:10:18 – 00:13:12:21<\/p>\n So they want us to think one thing.<\/p>\n 00:13:12:21 – 00:13:19:05<\/p>\n But I’m thinking that the American public<\/p>\n is starting to wake up to this<\/p>\n 00:13:19:07 – 00:13:22:22<\/p>\n residual anger about high inflation<\/p>\n in recent years<\/p>\n 00:13:22:22 – 00:13:27:08<\/p>\n appears to have soured<\/p>\n consumer views of the economy.<\/p>\n 00:13:27:10 – 00:13:29:02<\/p>\n That’s not a good thing.<\/p>\n 00:13:29:02 – 00:13:33:03<\/p>\n Since the consumer is 70% of the economy.<\/p>\n 00:13:33:07 – 00:13:35:22<\/p>\n We need them to keep consuming.<\/p>\n 00:13:35:22 – 00:13:42:06<\/p>\n People are still angry about the inflation<\/p>\n we saw in 2021 and in particular 2022.<\/p>\n 00:13:42:08 – 00:13:46:15<\/p>\n There’s something about the salience<\/p>\n of the bill for lunch<\/p>\n 00:13:46:18 – 00:13:52:20<\/p>\n that you see every single day<\/p>\n that just maybe resonates in your brain<\/p>\n 00:13:52:20 – 00:13:56:19<\/p>\n relative to the pay increases<\/p>\n you get once a year.<\/p>\n 00:13:56:20 – 00:14:00:04<\/p>\n So by design and from the beginning,<\/p>\n 00:14:00:06 – 00:14:05:06<\/p>\n what why was the fiat money<\/p>\n set up in 1913 to begin with?<\/p>\n 00:14:05:08 – 00:14:06:03<\/p>\n Number one,<\/p>\n 00:14:06:03 – 00:14:10:15<\/p>\n because government wanted to tax you<\/p>\n without having to go through legislation.<\/p>\n 00:14:10:18 – 00:14:13:20<\/p>\n And inflation<\/p>\n does that because they’re the ones that<\/p>\n 00:14:13:20 – 00:14:18:10<\/p>\n get to use the money first<\/p>\n when it has the most value<\/p>\n 00:14:18:10 – 00:14:21:18<\/p>\n by the time it trickles through the system<\/p>\n and we get it,<\/p>\n 00:14:21:20 – 00:14:25:12<\/p>\n it has a far less purchasing power value.<\/p>\n 00:14:25:14 – 00:14:30:14<\/p>\n And number two, corporations<\/p>\n want to pay you less, but they knew<\/p>\n 00:14:30:14 – 00:14:33:21<\/p>\n if you’re used to getting ten bucks,<\/p>\n you’re not going to accept five.<\/p>\n 00:14:33:23 – 00:14:39:07<\/p>\n But if they can make that<\/p>\n ten bucks, spend like five,<\/p>\n 00:14:39:09 – 00:14:42:09<\/p>\n then you that creates that<\/p>\n 00:14:42:11 – 00:14:47:12<\/p>\n nominal confusion in both cases<\/p>\n where you’re looking at a higher number.<\/p>\n 00:14:47:12 – 00:14:49:07<\/p>\n So you think you’re getting more.<\/p>\n 00:14:49:07 – 00:14:53:08<\/p>\n But inflation is moving much more quickly<\/p>\n than the raise in wages.<\/p>\n 00:14:53:13 – 00:14:58:04<\/p>\n And so in reality,<\/p>\n corporations are paying you less and less.<\/p>\n 00:14:58:10 – 00:15:02:19<\/p>\n And this is what has enabled<\/p>\n that wealth and income inequality.<\/p>\n 00:15:02:21 – 00:15:06:22<\/p>\n But people are starting to wake up<\/p>\n and things are shifting.<\/p>\n 00:15:06:22 – 00:15:11:09<\/p>\n And I hope they wake up fast enough<\/p>\n because we vote with our wallets.<\/p>\n 00:15:11:09 – 00:15:13:15<\/p>\n And this is my vote.<\/p>\n 00:15:13:15 – 00:15:17:19<\/p>\n The discontent comes<\/p>\n even as a strong labor market<\/p>\n 00:15:17:21 – 00:15:21:23<\/p>\n appreciating home values<\/p>\n and the stock market rebound<\/p>\n 00:15:22:02 – 00:15:26:06<\/p>\n has made some positive<\/p>\n about their financial situation<\/p>\n 00:15:26:08 – 00:15:29:07<\/p>\n because there’s nothing more depressing<\/p>\n than opening up<\/p>\n 00:15:29:07 – 00:15:33:22<\/p>\n your 401k statement<\/p>\n and seeing your holdings go down.<\/p>\n 00:15:34:00 – 00:15:37:23<\/p>\n So if they can make things<\/p>\n appear to be going up,<\/p>\n 00:15:38:01 – 00:15:42:01<\/p>\n then you feel wealthy,<\/p>\n you’re more likely to continue to spend.<\/p>\n 00:15:42:03 – 00:15:46:09<\/p>\n But in reality, when you go to the<\/p>\n grocery store, when you go out for dinner,<\/p>\n 00:15:46:14 – 00:15:50:19<\/p>\n when you go out for lunch<\/p>\n and you see those new prices,<\/p>\n 00:15:50:21 – 00:15:55:17<\/p>\n I mean, doesn’t<\/p>\n it give you cause for pause?<\/p>\n 00:15:55:19 – 00:15:56:10<\/p>\n Doesn’t that<\/p>\n 00:15:56:10 – 00:15:59:10<\/p>\n make you<\/p>\n wonder what’s really happening here?<\/p>\n 00:15:59:10 – 00:16:03:22<\/p>\n And if you understand the truth,<\/p>\n because the truth is, is we’re at the end<\/p>\n 00:16:03:22 – 00:16:08:18<\/p>\n of of this whole fiat money<\/p>\n experiment at the end.<\/p>\n 00:16:08:19 – 00:16:12:00<\/p>\n Another potential problem,<\/p>\n the average person<\/p>\n 00:16:12:03 – 00:16:17:13<\/p>\n may not completely understand<\/p>\n that some inflation is considered normal.<\/p>\n 00:16:17:16 – 00:16:21:07<\/p>\n Who’s considered normal buy<\/p>\n because inflation is not<\/p>\n 00:16:21:07 – 00:16:25:11<\/p>\n a monetary phenomena<\/p>\n and it’s a fiat money phenomenon.<\/p>\n 00:16:25:11 – 00:16:29:14<\/p>\n It’s by design<\/p>\n because because inflation creates<\/p>\n 00:16:29:14 – 00:16:33:22<\/p>\n nominal confusion,<\/p>\n nominal confusion is really simple.<\/p>\n 00:16:34:00 – 00:16:37:08<\/p>\n You had a $20 bill a year ago,<\/p>\n you got a $20 bill.<\/p>\n 00:16:37:08 – 00:16:40:16<\/p>\n Today, it’s the same $20 bill.<\/p>\n 00:16:40:18 – 00:16:43:15<\/p>\n But what that $20 bill bought you<\/p>\n 00:16:43:15 – 00:16:47:18<\/p>\n a year ago, six months ago, a week ago,<\/p>\n and what it buys<\/p>\n 00:16:47:18 – 00:16:51:12<\/p>\n you today is vastly, vastly different.<\/p>\n 00:16:51:14 – 00:16:54:10<\/p>\n That’s where your gold comes in, because<\/p>\n 00:16:54:10 – 00:16:57:19<\/p>\n gold holds<\/p>\n your purchasing power over time.<\/p>\n 00:16:58:01 – 00:16:59:06<\/p>\n They can manipulate it.<\/p>\n 00:16:59:06 – 00:17:01:22<\/p>\n They can make it<\/p>\n look this way or that way.<\/p>\n 00:17:01:22 – 00:17:04:18<\/p>\n The truth<\/p>\n lies in the physical only markets<\/p>\n 00:17:04:18 – 00:17:08:18<\/p>\n where you can see these coins making<\/p>\n 00:17:08:20 – 00:17:11:14<\/p>\n new highs,<\/p>\n and especially in the ultra rarities,<\/p>\n 00:17:11:14 – 00:17:14:11<\/p>\n which are where the one percenters<\/p>\n hang out.<\/p>\n 00:17:14:11 – 00:17:17:21<\/p>\n But okay, some inflation is considered<\/p>\n 00:17:17:21 – 00:17:21:01<\/p>\n normal by central banks<\/p>\n 00:17:21:03 – 00:17:24:05<\/p>\n and in fact, the Federal Reserve,<\/p>\n which sets U.S.<\/p>\n 00:17:24:05 – 00:17:29:19<\/p>\n monetary policy, aims<\/p>\n for a 2% increases in prices each year.<\/p>\n 00:17:29:20 – 00:17:33:01<\/p>\n That’s<\/p>\n so that it’s low enough that you don’t ask<\/p>\n 00:17:33:01 – 00:17:36:09<\/p>\n for more money<\/p>\n and you don’t make any of those changes.<\/p>\n 00:17:36:11 – 00:17:39:06<\/p>\n Deflation is when prices decrease.<\/p>\n 00:17:39:06 – 00:17:43:08<\/p>\n It actually seen as bad for the economy<\/p>\n 00:17:43:10 – 00:17:46:02<\/p>\n because have we not witnessed that?<\/p>\n 00:17:46:02 – 00:17:49:22<\/p>\n It is very important for banks<\/p>\n to make a profit, for corporations<\/p>\n 00:17:49:22 – 00:17:53:22<\/p>\n to make a profit,<\/p>\n and for the public to eat it on the chin?<\/p>\n 00:17:53:23 – 00:17:56:05<\/p>\n Have we not seen that over<\/p>\n 00:17:56:05 – 00:17:59:05<\/p>\n and over and over again?<\/p>\n 00:17:59:07 – 00:18:00:05<\/p>\n Deflation.<\/p>\n 00:18:00:05 – 00:18:05:07<\/p>\n If you have more money to buy goods and<\/p>\n services, why is that a bad thing for you?<\/p>\n 00:18:05:09 – 00:18:08:07<\/p>\n But the reality is, is<\/p>\n there’s only one way<\/p>\n 00:18:08:07 – 00:18:11:18<\/p>\n to fight inflation,<\/p>\n and that’s with deflation<\/p>\n 00:18:11:20 – 00:18:16:07<\/p>\n and only one way to fight deflation,<\/p>\n and that’s with inflation.<\/p>\n 00:18:16:09 – 00:18:19:09<\/p>\n And the way the system has been set up,<\/p>\n 00:18:19:11 – 00:18:23:23<\/p>\n it’s deflationary and you can see that<\/p>\n from the decline in interest<\/p>\n 00:18:24:01 – 00:18:27:10<\/p>\n from the seventies to the eighties, etc..<\/p>\n 00:18:27:12 – 00:18:31:03<\/p>\n And so, yeah, you use the the inflation<\/p>\n 00:18:31:03 – 00:18:35:11<\/p>\n and to counter that and interest rates<\/p>\n were the key tool<\/p>\n 00:18:35:11 – 00:18:39:09<\/p>\n in regulating the rate<\/p>\n and speed of inflation.<\/p>\n 00:18:39:11 – 00:18:42:03<\/p>\n So when interest rates were anchored<\/p>\n 00:18:42:03 – 00:18:47:08<\/p>\n for 15 years at zero<\/p>\n 00:18:47:10 – 00:18:49:02<\/p>\n and encouraged<\/p>\n 00:18:49:02 – 00:18:51:23<\/p>\n so much debt<\/p>\n 00:18:51:23 – 00:18:56:06<\/p>\n from governments,<\/p>\n from corporations, from individuals,<\/p>\n 00:18:56:08 – 00:18:59:08<\/p>\n well if your income keeps pace with it<\/p>\n 00:18:59:10 – 00:19:03:10<\/p>\n and the confidence is retained<\/p>\n in the currency,<\/p>\n 00:19:03:12 – 00:19:05:13<\/p>\n you can make it last a long time.<\/p>\n 00:19:05:13 – 00:19:08:20<\/p>\n And so people get used to it<\/p>\n like that’s the norm.<\/p>\n 00:19:08:22 – 00:19:13:04<\/p>\n But the reality is<\/p>\n 00:19:13:06 – 00:19:16:06<\/p>\n it’s a Ponzi scheme<\/p>\n 00:19:16:09 – 00:19:18:17<\/p>\n and in the end of it,<\/p>\n 00:19:18:17 – 00:19:22:05<\/p>\n whatever assets that you hold, well,<\/p>\n 00:19:22:07 – 00:19:26:21<\/p>\n you better have a strategy<\/p>\n on how to pay that wealth off immediately,<\/p>\n 00:19:26:23 – 00:19:31:01<\/p>\n because if you’re counting on this to do<\/p>\n it, it’s not going to do it.<\/p>\n 00:19:31:03 – 00:19:35:23<\/p>\n Not if this is what you’re holding on to,<\/p>\n if you’re counting on this to do it.<\/p>\n 00:19:36:01 – 00:19:39:23<\/p>\n And then when you need to pay off<\/p>\n that mortgage or the other fixed rate debt<\/p>\n 00:19:39:23 – 00:19:44:01<\/p>\n that you have,<\/p>\n you convert it into there at that time.<\/p>\n 00:19:44:03 – 00:19:45:14<\/p>\n Guess what?<\/p>\n 00:19:45:14 – 00:19:47:15<\/p>\n That’s the government strategy.<\/p>\n 00:19:47:15 – 00:19:51:01<\/p>\n You get to repay that debt with dollars<\/p>\n 00:19:51:01 – 00:19:55:07<\/p>\n that have virtually no value.<\/p>\n 00:19:55:09 – 00:20:00:10<\/p>\n So it might take 100,000 today.<\/p>\n 00:20:00:12 – 00:20:03:16<\/p>\n I’m going to show you this<\/p>\n because there was another just recent<\/p>\n 00:20:03:16 – 00:20:07:17<\/p>\n devaluation and I’m going to show you<\/p>\n what that looks like yet again.<\/p>\n 00:20:07:19 – 00:20:09:13<\/p>\n But you get to repay.<\/p>\n 00:20:09:13 – 00:20:13:12<\/p>\n You liquidate as much as you need to,<\/p>\n and you repay that debt<\/p>\n 00:20:13:14 – 00:20:18:07<\/p>\n and it’ll cost you a whole lot<\/p>\n less tomorrow if you’re in the right place<\/p>\n 00:20:18:12 – 00:20:22:23<\/p>\n at the right time with the right asset,<\/p>\n then it does today,<\/p>\n 00:20:23:00 – 00:20:26:04<\/p>\n because the reality is, is inflation,<\/p>\n 00:20:26:08 – 00:20:29:05<\/p>\n is that hidden tax in fiat money?<\/p>\n 00:20:29:05 – 00:20:34:19<\/p>\n And it is absolutely what has enabled<\/p>\n that wealth inequality.<\/p>\n 00:20:34:21 – 00:20:40:07<\/p>\n But even so,<\/p>\n if everything is built on debt,<\/p>\n 00:20:40:09 – 00:20:45:01<\/p>\n when things go candy warps<\/p>\n and you can’t repay that debt,<\/p>\n 00:20:45:03 – 00:20:49:10<\/p>\n then it becomes a domino effect<\/p>\n because it doesn’t just impact you,<\/p>\n 00:20:49:12 – 00:20:53:03<\/p>\n but it impacts the lenders,<\/p>\n whoever loan that money to you.<\/p>\n 00:20:53:08 – 00:20:56:19<\/p>\n If the collateral is now worth less<\/p>\n 00:20:56:21 – 00:21:00:21<\/p>\n than the debt<\/p>\n that you have on that collateral,<\/p>\n 00:21:00:23 – 00:21:03:10<\/p>\n you’re not even going to want to pay it.<\/p>\n 00:21:03:10 – 00:21:07:00<\/p>\n And then if it impacts the lenders,<\/p>\n then it’s harder to generate<\/p>\n 00:21:07:00 – 00:21:11:07<\/p>\n even more debt, which is what<\/p>\n this whole system is based on.<\/p>\n 00:21:11:09 – 00:21:14:01<\/p>\n Can you see the problem?<\/p>\n 00:21:14:01 – 00:21:15:22<\/p>\n And that’s what they’re talking about.<\/p>\n 00:21:15:22 – 00:21:20:19<\/p>\n The talking about the taking<\/p>\n of all of that collateral.<\/p>\n 00:21:20:21 – 00:21:24:18<\/p>\n Government backed fiat money is the wealth<\/p>\n 00:21:24:20 – 00:21:28:11<\/p>\n transfer tool<\/p>\n because they knew that people<\/p>\n 00:21:28:11 – 00:21:32:11<\/p>\n marry legal of the money,<\/p>\n the legal money of the state.<\/p>\n 00:21:32:13 – 00:21:34:20<\/p>\n This is what we’re talking about.<\/p>\n 00:21:34:20 – 00:21:38:03<\/p>\n What you’re looking at here<\/p>\n is income inequality<\/p>\n 00:21:38:08 – 00:21:42:17<\/p>\n from 1820 through 2022.<\/p>\n 00:21:42:19 – 00:21:45:15<\/p>\n Here’s where it bottomed in 1980.<\/p>\n 00:21:45:15 – 00:21:49:05<\/p>\n So the shift to take us<\/p>\n and put us on a purely debt based<\/p>\n 00:21:49:05 – 00:21:54:21<\/p>\n standard with the central banks<\/p>\n and control occurred in 1971.<\/p>\n 00:21:54:23 – 00:22:01:14<\/p>\n Then we bottomed out in 1980 or this is<\/p>\n this is the 1%.<\/p>\n 00:22:01:16 – 00:22:04:09<\/p>\n Let me put that in there. Okay.<\/p>\n 00:22:04:09 – 00:22:07:00<\/p>\n So the<\/p>\n 00:22:07:02 – 00:22:09:16<\/p>\n sort of burnt orange line<\/p>\n 00:22:09:16 – 00:22:15:09<\/p>\n is pretax national income<\/p>\n returns on the bottom 50%.<\/p>\n 00:22:15:10 – 00:22:19:01<\/p>\n So in the purchasing power,<\/p>\n we peaked in 1980.<\/p>\n 00:22:19:01 – 00:22:22:10<\/p>\n That was the most purchasing power<\/p>\n that you had.<\/p>\n 00:22:22:15 – 00:22:27:16<\/p>\n And you can see how drastically that’s<\/p>\n changed through 2022.<\/p>\n 00:22:27:18 – 00:22:30:18<\/p>\n And that straight line down there.<\/p>\n 00:22:31:00 – 00:22:32:04<\/p>\n Thank you. Inflation.<\/p>\n 00:22:32:04 – 00:22:35:15<\/p>\n It became apparent to all the blue line<\/p>\n 00:22:35:15 – 00:22:39:19<\/p>\n is the pretax national<\/p>\n income of the top 1%.<\/p>\n 00:22:39:21 – 00:22:42:13<\/p>\n So the debt based system<\/p>\n 00:22:42:13 – 00:22:46:06<\/p>\n put in place in 1971<\/p>\n 00:22:46:08 – 00:22:49:05<\/p>\n kicked into gear in the early eighties.<\/p>\n 00:22:49:05 – 00:22:54:17<\/p>\n And for those of us that were alive<\/p>\n then, you might recall the greedy eighties<\/p>\n 00:22:54:19 – 00:22:58:21<\/p>\n and so this is as they were making<\/p>\n the transition and it happens every time<\/p>\n 00:22:59:02 – 00:23:03:18<\/p>\n you allow a group to make a lot of money<\/p>\n and to be very, very visible.<\/p>\n 00:23:03:20 – 00:23:05:02<\/p>\n And then they don’t realize<\/p>\n 00:23:05:02 – 00:23:09:14<\/p>\n is that anything is changed<\/p>\n when in reality everything has changed<\/p>\n 00:23:09:16 – 00:23:14:12<\/p>\n and we are already going through this<\/p>\n change because how do you go below zero?<\/p>\n 00:23:14:12 – 00:23:18:10<\/p>\n I mean, that’s the question that I keep<\/p>\n answering asking, and I’m not hearing<\/p>\n 00:23:18:10 – 00:23:21:10<\/p>\n anybody really answer that question<\/p>\n 00:23:21:12 – 00:23:24:12<\/p>\n because they’re not paying attention<\/p>\n to the purchasing power.<\/p>\n 00:23:24:12 – 00:23:30:02<\/p>\n The purchasing<\/p>\n power is essentially at zero.<\/p>\n 00:23:30:04 – 00:23:32:03<\/p>\n So let’s take a look<\/p>\n 00:23:32:03 – 00:23:36:01<\/p>\n at this, which is wealth inequality<\/p>\n at the same time.<\/p>\n 00:23:36:01 – 00:23:41:17<\/p>\n Well, this is from 1913 to 2022.<\/p>\n 00:23:41:19 – 00:23:42:04<\/p>\n Okay.<\/p>\n 00:23:42:04 – 00:23:44:16<\/p>\n Now, this is the net.<\/p>\n 00:23:44:16 – 00:23:48:13<\/p>\n Let’s<\/p>\n see the net personal wealth of the top 1%.<\/p>\n 00:23:48:18 – 00:23:53:05<\/p>\n Again, it bottomed in 1980<\/p>\n 00:23:53:07 – 00:23:55:19<\/p>\n and it has grown quite<\/p>\n 00:23:55:19 – 00:23:59:10<\/p>\n nicely ever since,<\/p>\n thanks to all of that debt.<\/p>\n 00:23:59:15 – 00:24:04:11<\/p>\n Now, what’s really interesting is<\/p>\n how much of those assets<\/p>\n 00:24:04:13 – 00:24:07:13<\/p>\n are still tethered to debt<\/p>\n 00:24:07:15 – 00:24:13:18<\/p>\n because ultimately all of those assets<\/p>\n are going to come back on to the market<\/p>\n 00:24:13:20 – 00:24:17:10<\/p>\n for whoever<\/p>\n is holding their purchasing power.<\/p>\n 00:24:17:12 – 00:24:18:08<\/p>\n Right.<\/p>\n 00:24:18:08 – 00:24:22:23<\/p>\n What I’m trying to talk to you into<\/p>\n is taking advantage of the opportunity.<\/p>\n 00:24:22:23 – 00:24:26:23<\/p>\n We can’t get out of the way,<\/p>\n but you can get into a position to retain<\/p>\n 00:24:26:23 – 00:24:30:21<\/p>\n the wealth you’ve already accumulated<\/p>\n and to grow your wealth base<\/p>\n 00:24:31:02 – 00:24:35:15<\/p>\n if you’re in the right place<\/p>\n at the right time with the right asset.<\/p>\n 00:24:35:17 – 00:24:36:05<\/p>\n Right.<\/p>\n 00:24:36:05 – 00:24:39:10<\/p>\n And that’s just a repetition of history<\/p>\n as well.<\/p>\n 00:24:39:12 – 00:24:42:08<\/p>\n So net personal wealth of the top<\/p>\n 00:24:42:08 – 00:24:47:02<\/p>\n 1% has grown quite nicely since 1980<\/p>\n 00:24:47:03 – 00:24:53:23<\/p>\n and declined<\/p>\n quite nicely for the middle 40%<\/p>\n 00:24:54:01 – 00:24:57:05<\/p>\n at the<\/p>\n same time zone are the same time frame.<\/p>\n 00:24:57:07 – 00:25:01:08<\/p>\n And what you need to understand<\/p>\n is that wealth never disappears.<\/p>\n 00:25:01:13 – 00:25:04:13<\/p>\n It merely shifts location.<\/p>\n 00:25:04:13 – 00:25:09:11<\/p>\n So you can see it went from the many<\/p>\n 00:25:09:13 – 00:25:11:14<\/p>\n to the few.<\/p>\n 00:25:11:14 – 00:25:15:22<\/p>\n It went from the many,<\/p>\n 00:25:16:00 – 00:25:19:00<\/p>\n the many to the few.<\/p>\n 00:25:19:01 – 00:25:22:01<\/p>\n This whole system has what’s enabled<\/p>\n 00:25:22:02 – 00:25:25:18<\/p>\n income and wealth inequality.<\/p>\n 00:25:25:20 – 00:25:29:14<\/p>\n Make no mistake about it,<\/p>\n 00:25:29:16 – 00:25:32:20<\/p>\n the era of debt<\/p>\n money is the era of extreme<\/p>\n 00:25:32:20 – 00:25:38:14<\/p>\n income and wealth inequality<\/p>\n even worse than it was 1929.<\/p>\n 00:25:38:16 – 00:25:40:00<\/p>\n Quite honestly.<\/p>\n 00:25:40:00 – 00:25:42:12<\/p>\n And they were kicking that system off.<\/p>\n 00:25:42:12 – 00:25:43:20<\/p>\n That was the beginning.<\/p>\n 00:25:43:20 – 00:25:46:11<\/p>\n This is the end.<\/p>\n 00:25:46:11 – 00:25:47:07<\/p>\n Argentina.<\/p>\n 00:25:47:07 – 00:25:51:02<\/p>\n I want to talk a little bit a bit<\/p>\n about Argentina, because it’s a great<\/p>\n 00:25:51:02 – 00:25:55:18<\/p>\n example of what is coming in<\/p>\n our relatively near future.<\/p>\n 00:25:55:18 – 00:25:58:15<\/p>\n I can’t tell you exactly when,<\/p>\n but it’s coming.<\/p>\n 00:25:58:15 – 00:26:02:17<\/p>\n Argentine is a starts shock therapy<\/p>\n 00:26:02:19 – 00:26:06:22<\/p>\n by devaluing the peso by 50%.<\/p>\n 00:26:07:00 – 00:26:10:06<\/p>\n Wow. That’s pretty shocking.<\/p>\n 00:26:10:08 – 00:26:13:06<\/p>\n Shock therapy already did that.<\/p>\n 00:26:13:06 – 00:26:15:06<\/p>\n Who does this really hurt?<\/p>\n 00:26:15:06 – 00:26:17:12<\/p>\n Who’s really shocked the most?<\/p>\n 00:26:17:12 – 00:26:19:08<\/p>\n People that don’t sit in gold.<\/p>\n 00:26:19:08 – 00:26:21:15<\/p>\n I’m going to show you that in a second.<\/p>\n 00:26:21:15 – 00:26:24:12<\/p>\n But your salary in the private sector,<\/p>\n 00:26:24:12 – 00:26:27:08<\/p>\n in the public sector, in the popular<\/p>\n 00:26:27:08 – 00:26:32:21<\/p>\n in social and solidaire economy,<\/p>\n in the co-operative or informal sector<\/p>\n 00:26:32:21 – 00:26:36:00<\/p>\n for retirees and pensioners, will you<\/p>\n 00:26:36:00 – 00:26:39:19<\/p>\n you will get half in the supermarket.<\/p>\n 00:26:39:21 – 00:26:44:04<\/p>\n Do you really think that people<\/p>\n are not going to protest?<\/p>\n 00:26:44:06 – 00:26:48:10<\/p>\n Are we on the verge of a global revolt?<\/p>\n 00:26:48:12 – 00:26:49:09<\/p>\n That’s my hope.<\/p>\n 00:26:49:09 – 00:26:52:16<\/p>\n I mean, I hope that it is a nonviolent<\/p>\n 00:26:52:18 – 00:26:53:18<\/p>\n revolt and we<\/p>\n 00:26:53:18 – 00:26:56:21<\/p>\n can do<\/p>\n that just by voting with our wallets,<\/p>\n 00:26:56:21 – 00:27:00:12<\/p>\n just by buying gold and silver<\/p>\n and getting your wealth out of the system.<\/p>\n 00:27:00:16 – 00:27:06:15<\/p>\n We’re at least get it properly,<\/p>\n properly balanced, so that if everything<\/p>\n 00:27:06:15 – 00:27:10:17<\/p>\n you hold in the stock market, in the bond<\/p>\n market goes away, this goes up.<\/p>\n 00:27:10:17 – 00:27:13:10<\/p>\n And so you have maintained your wealth.<\/p>\n 00:27:13:10 – 00:27:16:00<\/p>\n Again, if you have not clicked<\/p>\n that Cowlersley link<\/p>\n 00:27:16:00 – 00:27:20:22<\/p>\n and gotten your strategy in place,<\/p>\n get it in place and the sooner the better,<\/p>\n 00:27:21:00 – 00:27:23:10<\/p>\n because by design<\/p>\n 00:27:23:10 – 00:27:26:19<\/p>\n when they do this, it’s<\/p>\n those that are not holding gold.<\/p>\n 00:27:26:21 – 00:27:29:21<\/p>\n So the most vulnerable,<\/p>\n 00:27:29:22 – 00:27:32:17<\/p>\n they’re the ones that suffer the most.<\/p>\n 00:27:32:17 – 00:27:36:21<\/p>\n Just keep in mind<\/p>\n you vote with your wallet, food, water,<\/p>\n 00:27:36:21 – 00:27:41:20<\/p>\n energy, security, barter, ability,<\/p>\n wealth preservation, community in shelter.<\/p>\n 00:27:41:22 – 00:27:48:01<\/p>\n You got to have these things in order to<\/p>\n sustain a reasonable standard of living.<\/p>\n 00:27:48:05 – 00:27:51:20<\/p>\n And I’ve got to remind you of this,<\/p>\n because how can they take all of this<\/p>\n 00:27:51:20 – 00:27:54:03<\/p>\n wealth and and, you know, read the book.<\/p>\n 00:27:54:03 – 00:27:55:07<\/p>\n It was a great read.<\/p>\n 00:27:55:07 – 00:27:58:20<\/p>\n And and like I said, Taylor<\/p>\n is going to break it down even further.<\/p>\n 00:27:59:02 – 00:28:04:19<\/p>\n But I wanted to remind<\/p>\n you of really who legally<\/p>\n 00:28:04:21 – 00:28:08:02<\/p>\n owns all of these fiat money<\/p>\n 00:28:08:04 – 00:28:12:06<\/p>\n assets because it’s not you.<\/p>\n 00:28:12:08 – 00:28:15:18<\/p>\n The legal owner is up here at the top<\/p>\n and it’s<\/p>\n 00:28:15:18 – 00:28:19:12<\/p>\n C, then company, D, D, c, C,<\/p>\n and who owns that?<\/p>\n 00:28:19:12 – 00:28:24:00<\/p>\n But all these small banking conglomerates,<\/p>\n they’re the ones that own it.<\/p>\n 00:28:24:06 – 00:28:26:15<\/p>\n They’re the legal registered owner.<\/p>\n 00:28:26:15 – 00:28:29:13<\/p>\n That’s the only owner<\/p>\n that is acknowledged.<\/p>\n 00:28:29:13 – 00:28:34:05<\/p>\n That Court<\/p>\n You are way down here on the bottom.<\/p>\n 00:28:34:07 – 00:28:37:23<\/p>\n So you make all of those deposits<\/p>\n and take all of those risks.<\/p>\n 00:28:37:23 – 00:28:40:23<\/p>\n But everybody between here,<\/p>\n 00:28:41:00 – 00:28:46:02<\/p>\n you’re just the beneficial owner<\/p>\n and so is everybody in between.<\/p>\n 00:28:46:04 – 00:28:50:04<\/p>\n So when they’re talking about that<\/p>\n great taking, that’s why<\/p>\n 00:28:50:05 – 00:28:54:23<\/p>\n all of that collateral is vulnerable<\/p>\n 00:28:55:01 – 00:28:57:13<\/p>\n because it’s done on debt.<\/p>\n 00:28:57:13 – 00:29:01:21<\/p>\n And even let’s talk about<\/p>\n residential real estate for a minute.<\/p>\n 00:29:02:01 – 00:29:04:00<\/p>\n Let’s say your house is paid off,<\/p>\n 00:29:04:00 – 00:29:06:16<\/p>\n which a lot of people’s<\/p>\n homes are paid off, thank goodness.<\/p>\n 00:29:06:16 – 00:29:07:04<\/p>\n So you’re saying.<\/p>\n 00:29:07:04 – 00:29:11:12<\/p>\n Well, I’m not doing that on debt,<\/p>\n but cities, states,<\/p>\n 00:29:11:14 – 00:29:16:16<\/p>\n municipalities,<\/p>\n how do they generate income taxes?<\/p>\n 00:29:16:21 – 00:29:19:03<\/p>\n And real estate is immovable.<\/p>\n 00:29:19:03 – 00:29:24:03<\/p>\n You cannot put it on your back and<\/p>\n walk away with it and go somewhere else.<\/p>\n 00:29:24:04 – 00:29:28:10<\/p>\n So you have to make sure that you have<\/p>\n and I don’t do it with this.<\/p>\n 00:29:28:10 – 00:29:29:20<\/p>\n There’s another tool that I use.<\/p>\n 00:29:29:20 – 00:29:32:05<\/p>\n I do it with gold.<\/p>\n There’s different kinds of gold.<\/p>\n 00:29:32:05 – 00:29:36:11<\/p>\n There’s different levels of gold depending<\/p>\n upon what you need to accomplish.<\/p>\n 00:29:36:16 – 00:29:41:07<\/p>\n But the strategy that we execute<\/p>\n can determine the most likely<\/p>\n 00:29:41:07 – 00:29:46:17<\/p>\n amount of gold in the different forms<\/p>\n that you need to be able to<\/p>\n 00:29:46:19 – 00:29:48:13<\/p>\n pay off your mortgage,<\/p>\n 00:29:48:13 – 00:29:52:05<\/p>\n pay your property taxes, etc..<\/p>\n 00:29:52:06 – 00:29:56:03<\/p>\n So it’s critically important<\/p>\n that you get this in.<\/p>\n 00:29:56:03 – 00:30:01:05<\/p>\n You get into place as quickly as you can,<\/p>\n because as I showed you in the monetary<\/p>\n 00:30:01:05 – 00:30:05:03<\/p>\n velocity chart, things are shifting<\/p>\n 00:30:05:04 – 00:30:07:10<\/p>\n things are changing,<\/p>\n 00:30:07:10 – 00:30:10:01<\/p>\n and we don’t know the exact moment<\/p>\n 00:30:10:01 – 00:30:13:00<\/p>\n when all choice will be lost.<\/p>\n 00:30:13:00 – 00:30:18:03<\/p>\n But what we do know, thanks to this Yale<\/p>\n Law Study,<\/p>\n 00:30:18:05 – 00:30:20:01<\/p>\n is that you<\/p>\n 00:30:20:01 – 00:30:24:04<\/p>\n are not the legal registered owner<\/p>\n of those fiat money products,<\/p>\n 00:30:24:06 – 00:30:28:15<\/p>\n and you can only convert them back<\/p>\n into this garbage.<\/p>\n 00:30:28:17 – 00:30:29:10<\/p>\n Right.<\/p>\n 00:30:29:10 – 00:30:35:13<\/p>\n Which means that when all confidence<\/p>\n in the currency is gone, you have nothing.<\/p>\n 00:30:35:15 – 00:30:36:18<\/p>\n Nothing.<\/p>\n 00:30:36:18 – 00:30:40:10<\/p>\n And are you ready to work<\/p>\n from scratch again?<\/p>\n 00:30:40:10 – 00:30:44:02<\/p>\n Because of what they have in<\/p>\n mind, they get to pull off.<\/p>\n 00:30:44:04 – 00:30:46:05<\/p>\n Yeah.<\/p>\n 00:30:46:05 – 00:30:48:22<\/p>\n The reality is<\/p>\n 00:30:48:22 – 00:30:53:01<\/p>\n if you don’t hold it, you don’t own it.<\/p>\n 00:30:53:03 – 00:30:58:01<\/p>\n And all of that collateral,<\/p>\n all that’s been used by God knows how many<\/p>\n 00:30:58:01 – 00:31:03:09<\/p>\n companies between you and the legal owner<\/p>\n think back to 2008.<\/p>\n 00:31:03:11 – 00:31:08:01<\/p>\n What happened was disgusting,<\/p>\n evil, despicable and everything else.<\/p>\n 00:31:08:07 – 00:31:09:19<\/p>\n But who went to jail?<\/p>\n 00:31:09:19 – 00:31:11:22<\/p>\n No one,<\/p>\n 00:31:11:22 – 00:31:14:09<\/p>\n because they’re the ones<\/p>\n that write these contracts<\/p>\n 00:31:14:09 – 00:31:17:09<\/p>\n on this stuff.<\/p>\n 00:31:17:10 – 00:31:19:19<\/p>\n And you don’t read the contracts.<\/p>\n 00:31:19:19 – 00:31:23:01<\/p>\n But the reality is you got to hold it.<\/p>\n 00:31:23:03 – 00:31:24:12<\/p>\n You got to own it.<\/p>\n 00:31:24:12 – 00:31:29:06<\/p>\n And gold is the only financial asset<\/p>\n that runs no counterparty risk.<\/p>\n 00:31:29:08 – 00:31:36:03<\/p>\n Everything else, everything else is<\/p>\n counterparty risk and is being used<\/p>\n 00:31:36:03 – 00:31:41:01<\/p>\n as collateral, which will evaporate<\/p>\n from one hand to the other.<\/p>\n 00:31:41:02 – 00:31:41:20<\/p>\n Remember?<\/p>\n 00:31:41:20 – 00:31:44:08<\/p>\n Well, never disappears.<\/p>\n 00:31:44:08 – 00:31:46:20<\/p>\n It merely shifts location.<\/p>\n 00:31:46:20 – 00:31:50:01<\/p>\n And I’ve had people. Question<\/p>\n 00:31:50:03 – 00:31:51:21<\/p>\n Well, Lynnette, how do you know that<\/p>\n 00:31:51:21 – 00:31:55:18<\/p>\n they’re going to revalue<\/p>\n the currency against gold?<\/p>\n 00:31:55:20 – 00:31:57:20<\/p>\n Well, number one,<\/p>\n 00:31:57:20 – 00:32:00:20<\/p>\n because gold is the primary<\/p>\n currency metal.<\/p>\n 00:32:01:00 – 00:32:04:00<\/p>\n And we’ve been watching<\/p>\n global central banks<\/p>\n 00:32:04:02 – 00:32:07:17<\/p>\n amass more gold than they ever have since.<\/p>\n 00:32:07:17 – 00:32:10:17<\/p>\n Tracking<\/p>\n of how much they’re accumulating began.<\/p>\n 00:32:10:18 – 00:32:14:12<\/p>\n They’re getting ready<\/p>\n for resetting the currencies.<\/p>\n 00:32:14:14 – 00:32:17:14<\/p>\n Number two, because gold<\/p>\n 00:32:17:14 – 00:32:20:13<\/p>\n is 100% functionality<\/p>\n 00:32:20:18 – 00:32:24:05<\/p>\n and 100% intrinsic value.<\/p>\n 00:32:24:10 – 00:32:27:09<\/p>\n And I know that I’m repetitive<\/p>\n with a lot of this stuff,<\/p>\n 00:32:27:15 – 00:32:31:18<\/p>\n but that’s because it takes<\/p>\n the normal person at least seven times<\/p>\n 00:32:31:18 – 00:32:35:08<\/p>\n of hearing the same thing<\/p>\n before it begins to make sense.<\/p>\n 00:32:35:10 – 00:32:38:12<\/p>\n This is all intrinsic value because it is<\/p>\n 00:32:38:12 – 00:32:41:12<\/p>\n used in every single sector<\/p>\n of the global economy,<\/p>\n 00:32:41:14 – 00:32:44:22<\/p>\n and they have never been able to recreate<\/p>\n 00:32:45:00 – 00:32:48:09<\/p>\n its attributes in a lab.<\/p>\n 00:32:48:11 – 00:32:52:15<\/p>\n So gold<\/p>\n And the same thing can be said for silver.<\/p>\n 00:32:52:17 – 00:32:57:13<\/p>\n So gold and silver<\/p>\n are have the broadest base of buyer<\/p>\n 00:32:57:17 – 00:33:01:22<\/p>\n and the broadest base of functionality.<\/p>\n 00:33:02:00 – 00:33:03:20<\/p>\n And if you’re going to reset something<\/p>\n 00:33:03:20 – 00:33:07:17<\/p>\n that has absolutely zero value,<\/p>\n 00:33:07:19 – 00:33:10:00<\/p>\n you reset it again, something<\/p>\n 00:33:10:00 – 00:33:13:11<\/p>\n that’s all value<\/p>\n 00:33:13:13 – 00:33:16:13<\/p>\n and gold has been proven<\/p>\n 00:33:16:16 – 00:33:21:15<\/p>\n over and over and over again<\/p>\n to have the confidence of the masses,<\/p>\n 00:33:21:20 – 00:33:28:04<\/p>\n you look no further than what’s happening<\/p>\n in Zimbabwe with them issuing gold coins<\/p>\n 00:33:28:08 – 00:33:32:13<\/p>\n and trying to do a gold backed cbdc,<\/p>\n which is cloudier.<\/p>\n 00:33:32:15 – 00:33:33:17<\/p>\n Okay.<\/p>\n 00:33:33:17 – 00:33:37:00<\/p>\n But they know that all confidence<\/p>\n in that currency<\/p>\n 00:33:37:00 – 00:33:40:00<\/p>\n is lost<\/p>\n because of the ongoing hyperinflation,<\/p>\n 00:33:40:04 – 00:33:45:17<\/p>\n because they don’t change behavior,<\/p>\n but they don’t change here or anywhere.<\/p>\n 00:33:45:19 – 00:33:49:20<\/p>\n They just change how they account<\/p>\n for that behavior.<\/p>\n 00:33:49:22 – 00:33:53:00<\/p>\n But going back to what we said<\/p>\n in the beginning with<\/p>\n 00:33:53:00 – 00:33:57:13<\/p>\n with the normal public<\/p>\n being really disillusioned because<\/p>\n 00:33:57:14 – 00:34:02:12<\/p>\n their experience is too in-your-face,<\/p>\n now they see it too much.<\/p>\n 00:34:02:12 – 00:34:05:12<\/p>\n And to easily and that’s my hope,<\/p>\n 00:34:05:17 – 00:34:10:17<\/p>\n is that enough<\/p>\n people wake up, vote with their wallets,<\/p>\n 00:34:10:19 – 00:34:14:00<\/p>\n make sure that they have food,<\/p>\n water, energy, security,<\/p>\n 00:34:14:00 – 00:34:17:08<\/p>\n barter, ability,<\/p>\n wealth preservation, community in shelter<\/p>\n 00:34:17:08 – 00:34:23:02<\/p>\n so that they can sustain<\/p>\n a reasonable standard of living.<\/p>\n 00:34:23:04 – 00:34:24:00<\/p>\n We can come<\/p>\n 00:34:24:00 – 00:34:27:18<\/p>\n together in community and say no.<\/p>\n 00:34:27:20 – 00:34:31:16<\/p>\n And as we’ve been learning from the gains<\/p>\n 00:34:31:16 – 00:34:36:17<\/p>\n and the winds from the unions,<\/p>\n 00:34:36:19 – 00:34:40:17<\/p>\n when enough people come together,<\/p>\n 00:34:40:19 – 00:34:43:07<\/p>\n they’ve got to hear our voices.<\/p>\n 00:34:43:07 – 00:34:44:19<\/p>\n So that’s my hope.<\/p>\n 00:34:44:19 – 00:34:50:11<\/p>\n But let’s go back to here,<\/p>\n because this is the reset right?<\/p>\n 00:34:50:13 – 00:34:52:02<\/p>\n And this is the U.S.<\/p>\n 00:34:52:02 – 00:34:56:02<\/p>\n dollar versus the Argentinean peso.<\/p>\n 00:34:56:04 – 00:34:58:13<\/p>\n Okay. So you can say, well, look at that.<\/p>\n 00:34:58:13 – 00:35:02:10<\/p>\n They revalued the peso against the dollar<\/p>\n 00:35:02:14 – 00:35:06:14<\/p>\n and look at the dollar<\/p>\n went bam, straight up.<\/p>\n 00:35:06:19 – 00:35:08:12<\/p>\n That’s on 1213.<\/p>\n 00:35:08:12 – 00:35:10:20<\/p>\n So just a couple weeks ago.<\/p>\n 00:35:10:20 – 00:35:12:11<\/p>\n So look at this.<\/p>\n 00:35:12:11 – 00:35:15:02<\/p>\n Doesn’t that mean that the dollar is good?<\/p>\n 00:35:15:02 – 00:35:18:14<\/p>\n Well, again,<\/p>\n have you been out to eat lately?<\/p>\n 00:35:18:15 – 00:35:21:10<\/p>\n Have you been to the grocery store lately?<\/p>\n 00:35:21:10 – 00:35:24:07<\/p>\n So you’re trading one Fiat for the other.<\/p>\n 00:35:24:07 – 00:35:28:20<\/p>\n And it’s this it’s the simple fact<\/p>\n that the Argentinean Pacer was<\/p>\n 00:35:28:22 – 00:35:31:04<\/p>\n devalued overnight<\/p>\n 00:35:31:06 – 00:35:34:22<\/p>\n and the US dollar was devalued.<\/p>\n 00:35:35:00 – 00:35:36:18<\/p>\n Well,<\/p>\n 00:35:36:18 – 00:35:39:20<\/p>\n with the inflation heating up, that’s<\/p>\n what made it noticeable.<\/p>\n 00:35:40:02 – 00:35:44:22<\/p>\n But if they can keep it under that radar,<\/p>\n you stay in it and you don’t realize it.<\/p>\n 00:35:45:03 – 00:35:48:11<\/p>\n And it really is like a spring<\/p>\n 00:35:48:13 – 00:35:51:13<\/p>\n if you hold the spring down<\/p>\n because this is a suppression<\/p>\n 00:35:51:13 – 00:35:54:13<\/p>\n of gold prices to its true<\/p>\n fundamental value<\/p>\n 00:35:54:19 – 00:36:00:10<\/p>\n you hold that spring down when you release<\/p>\n that spring it shoots in a direction<\/p>\n 00:36:00:15 – 00:36:04:16<\/p>\n and this is still not<\/p>\n the spring going to keep looking,<\/p>\n 00:36:04:18 – 00:36:07:17<\/p>\n but it shoots in a direction<\/p>\n 00:36:07:17 – 00:36:12:10<\/p>\n monetary reevaluations always<\/p>\n have to be against more stable money.<\/p>\n 00:36:12:13 – 00:36:15:10<\/p>\n So at the moment<\/p>\n 00:36:15:10 – 00:36:20:05<\/p>\n the dollar is a bit more stable<\/p>\n 00:36:20:07 – 00:36:22:09<\/p>\n than the peso. Right?<\/p>\n 00:36:22:09 – 00:36:26:02<\/p>\n And if I walk into your house<\/p>\n every night over 30 years<\/p>\n 00:36:26:02 – 00:36:29:10<\/p>\n and I take one button<\/p>\n at the end of 30 years, I’m going to have<\/p>\n 00:36:29:10 – 00:36:32:10<\/p>\n an awful lot of your buttons,<\/p>\n but you’re probably not going to notice.<\/p>\n 00:36:32:13 – 00:36:36:16<\/p>\n If I go in tonight<\/p>\n and take 95% of your buttons tomorrow,<\/p>\n 00:36:36:16 – 00:36:39:16<\/p>\n when you go to get dressed,<\/p>\n you’re probably going to notice that<\/p>\n 00:36:39:19 – 00:36:43:03<\/p>\n that’s the difference<\/p>\n between inflation and hyperinflation.<\/p>\n 00:36:43:05 – 00:36:47:00<\/p>\n That’s also the difference<\/p>\n between revaluing one currency against<\/p>\n 00:36:47:00 – 00:36:52:01<\/p>\n another currency, which is a smokescreen<\/p>\n so that you don’t know what’s going on<\/p>\n 00:36:52:07 – 00:36:57:02<\/p>\n and revaluing it against gold<\/p>\n because all you have to do<\/p>\n 00:36:57:07 – 00:37:00:15<\/p>\n is look at the purchasing power of the US<\/p>\n 00:37:00:15 – 00:37:05:00<\/p>\n dollar to see how much that’s declined<\/p>\n 00:37:05:02 – 00:37:06:21<\/p>\n and it’s only going to get worse.<\/p>\n 00:37:06:21 – 00:37:10:08<\/p>\n As I showed you in the monetary velocity,<\/p>\n 00:37:10:10 – 00:37:11:12<\/p>\n Maybe I’m wrong.<\/p>\n 00:37:11:12 – 00:37:12:18<\/p>\n I don’t think I’m wrong<\/p>\n 00:37:12:18 – 00:37:14:00<\/p>\n and I’m not usually wrong<\/p>\n 00:37:14:00 – 00:37:17:19<\/p>\n about those things because I’ve been<\/p>\n living in this arena forever.<\/p>\n 00:37:17:21 – 00:37:20:20<\/p>\n My job is not to keep you in the system.<\/p>\n 00:37:20:20 – 00:37:25:13<\/p>\n My job is to get you to protect yourself<\/p>\n from what they intend to do.<\/p>\n 00:37:25:13 – 00:37:28:06<\/p>\n Because the more of us that understand<\/p>\n what’s happening<\/p>\n 00:37:28:06 – 00:37:32:15<\/p>\n and move forward appropriately,<\/p>\n the more power we have collectively,<\/p>\n 00:37:32:17 – 00:37:36:17<\/p>\n we have to come together in community<\/p>\n 00:37:36:19 – 00:37:38:17<\/p>\n because that’s not getting better.<\/p>\n 00:37:38:17 – 00:37:42:13<\/p>\n Now, this is spot gold versus<\/p>\n 00:37:42:13 – 00:37:47:20<\/p>\n the Argentinean peso and in reality,<\/p>\n 00:37:47:21 – 00:37:51:19<\/p>\n gold, physical gold is still worth<\/p>\n a whole lot more than that.<\/p>\n 00:37:51:23 – 00:37:57:14<\/p>\n But you can see that it has the same kind<\/p>\n of initial price action<\/p>\n 00:37:57:18 – 00:38:01:14<\/p>\n to a 50% revaluation.<\/p>\n 00:38:01:16 – 00:38:03:17<\/p>\n Can you see it?<\/p>\n 00:38:03:19 – 00:38:06:12<\/p>\n But physical gold is simply<\/p>\n 00:38:06:12 – 00:38:11:09<\/p>\n the most stable money there is.<\/p>\n 00:38:11:11 – 00:38:16:10<\/p>\n And if you want to know the US dollar<\/p>\n to the physical gold market,<\/p>\n 00:38:16:15 – 00:38:19:18<\/p>\n I keep showing you<\/p>\n that which is making new highs,<\/p>\n 00:38:20:00 – 00:38:24:10<\/p>\n especially where the one percenters<\/p>\n live in the ultra rarities.<\/p>\n 00:38:24:12 – 00:38:27:00<\/p>\n So what are you going to do? Right?<\/p>\n 00:38:27:00 – 00:38:29:18<\/p>\n What do you want to go into this<\/p>\n reset with?<\/p>\n 00:38:29:18 – 00:38:32:22<\/p>\n You want to go into it with dollars.<\/p>\n 00:38:33:01 – 00:38:37:10<\/p>\n And this is supposed to be I don’t know<\/p>\n 00:38:37:12 – 00:38:43:16<\/p>\n the best horse in the glue factory, right?<\/p>\n 00:38:43:18 – 00:38:46:02<\/p>\n Because here’s the opportunity.<\/p>\n 00:38:46:02 – 00:38:49:02<\/p>\n If you hold your purchasing power<\/p>\n and this is what I really wanted<\/p>\n 00:38:49:02 – 00:38:53:04<\/p>\n to talk to you about today,<\/p>\n because melee sets up margins.<\/p>\n 00:38:53:05 – 00:38:56:12<\/p>\n Argentina, privatizations,<\/p>\n 00:38:56:14 – 00:39:01:00<\/p>\n privatizations<\/p>\n mean that you’re going to sell off assets<\/p>\n 00:39:01:02 – 00:39:04:21<\/p>\n that the government holds to the public.<\/p>\n 00:39:04:23 – 00:39:07:20<\/p>\n Like, I don’t know, let’s say the official<\/p>\n 00:39:07:20 – 00:39:11:21<\/p>\n and the and the chief police station,<\/p>\n 00:39:11:23 – 00:39:14:05<\/p>\n they’re going to sell them off<\/p>\n because they need the money<\/p>\n 00:39:14:05 – 00:39:15:08<\/p>\n and then they’re going to turn around<\/p>\n 00:39:15:08 – 00:39:18:16<\/p>\n and lose some back for you<\/p>\n because they need the police station.<\/p>\n 00:39:18:18 – 00:39:20:21<\/p>\n Right. You see what I’m saying?<\/p>\n 00:39:20:21 – 00:39:23:04<\/p>\n So opportunities are coming.<\/p>\n 00:39:23:04 – 00:39:25:14<\/p>\n This is not the time to be doing this.<\/p>\n 00:39:25:14 – 00:39:30:13<\/p>\n And your pockets are likely<\/p>\n not deep enough for this yet.<\/p>\n 00:39:30:15 – 00:39:34:07<\/p>\n But history has shown us over<\/p>\n and over again<\/p>\n 00:39:34:09 – 00:39:39:13<\/p>\n that these opportunities<\/p>\n will be will be up.<\/p>\n 00:39:39:15 – 00:39:41:09<\/p>\n They’ll be so much of it.<\/p>\n 00:39:41:09 – 00:39:44:09<\/p>\n If you can advantage of them.<\/p>\n 00:39:44:12 – 00:39:46:14<\/p>\n Again, wealth never disappears.<\/p>\n 00:39:46:14 – 00:39:48:10<\/p>\n It just shifts location.<\/p>\n 00:39:48:10 – 00:39:51:16<\/p>\n So start looking at,<\/p>\n what would I like to own?<\/p>\n 00:39:51:18 – 00:39:55:19<\/p>\n Because by the time we see that<\/p>\n cup formation on the bottom,<\/p>\n 00:39:55:19 – 00:39:58:07<\/p>\n when things have bottomed out<\/p>\n and I’m going to show you that<\/p>\n 00:39:58:07 – 00:40:03:01<\/p>\n because I’m going to show you when I’m<\/p>\n starting to shift some of my gold holdings<\/p>\n 00:40:03:01 – 00:40:07:04<\/p>\n into these income producing assets<\/p>\n when they are undervalued.<\/p>\n 00:40:07:07 – 00:40:10:00<\/p>\n Right now you have gold down here.<\/p>\n 00:40:10:00 – 00:40:15:22<\/p>\n You have those other producing assets up<\/p>\n here, but that’s going to flip flop.<\/p>\n 00:40:16:00 – 00:40:18:12<\/p>\n And once we see that cup formation,<\/p>\n 00:40:18:12 – 00:40:22:03<\/p>\n that’s when we’re going to start<\/p>\n to convert somewhere near a bottom.<\/p>\n 00:40:22:03 – 00:40:26:04<\/p>\n And frankly, if I ever get to the bottom<\/p>\n or out at a top, that’s luck.<\/p>\n 00:40:26:09 – 00:40:29:09<\/p>\n I’m never looking<\/p>\n really looking to do that.<\/p>\n 00:40:29:13 – 00:40:32:11<\/p>\n But I know how to read the signs<\/p>\n 00:40:32:11 – 00:40:36:21<\/p>\n and that’s what we want to do. So<\/p>\n 00:40:36:23 – 00:40:38:00<\/p>\n repeal rules.<\/p>\n 00:40:38:00 – 00:40:43:06<\/p>\n So what they’re doing in order<\/p>\n to privatize and be able to sell this off<\/p>\n 00:40:43:08 – 00:40:49:01<\/p>\n to private entities, private corporations,<\/p>\n individuals that they repeal<\/p>\n 00:40:49:01 – 00:40:54:04<\/p>\n the rules that impede the private,<\/p>\n private ization of state companies<\/p>\n 00:40:54:06 – 00:40:56:14<\/p>\n listing the reforms and bullet points.<\/p>\n 00:40:56:14 – 00:41:01:16<\/p>\n He added that all state businesses<\/p>\n would have their legal structure changed<\/p>\n 00:41:01:18 – 00:41:05:06<\/p>\n to fully clear the path to privatization.<\/p>\n 00:41:05:08 – 00:41:07:13<\/p>\n That’s going to happen here as well.<\/p>\n 00:41:07:13 – 00:41:10:10<\/p>\n With his privatization push, Melaye mimics<\/p>\n 00:41:10:10 – 00:41:14:07<\/p>\n a similar policy pursued by ex<\/p>\n president, blah, blah, blah.<\/p>\n 00:41:14:09 – 00:41:20:03<\/p>\n The market friendly leader of the 1990s<\/p>\n who sold several strategic assets<\/p>\n 00:41:20:03 – 00:41:25:00<\/p>\n in an attempt to downsize government<\/p>\n after a period of hyperinflation.<\/p>\n 00:41:25:02 – 00:41:28:09<\/p>\n This is a repetitive pattern.<\/p>\n 00:41:28:11 – 00:41:33:13<\/p>\n You want to be in the right place<\/p>\n at the right time with the right asset.<\/p>\n 00:41:33:15 – 00:41:39:01<\/p>\n This is what puts you in that position<\/p>\n because again, I can’t<\/p>\n 00:41:39:01 – 00:41:40:23<\/p>\n I cannot repeat this.<\/p>\n 00:41:40:23 – 00:41:43:17<\/p>\n Enough wealth never disappears.<\/p>\n 00:41:43:17 – 00:41:45:13<\/p>\n It just shifts location.<\/p>\n 00:41:45:13 – 00:41:49:00<\/p>\n If you bought a stock at 100<\/p>\n and it’s sitting at a buck,<\/p>\n 00:41:49:01 – 00:41:50:17<\/p>\n that wealth didn’t disappear.<\/p>\n 00:41:50:17 – 00:41:54:10<\/p>\n It just went to the person,<\/p>\n that soldier, that stock at 100.<\/p>\n 00:41:54:12 – 00:41:58:17<\/p>\n Same thing<\/p>\n with all of these real estate assets.<\/p>\n 00:41:58:19 – 00:42:00:08<\/p>\n Now, what’s going to survive?<\/p>\n 00:42:00:08 – 00:42:04:01<\/p>\n Because we’re going through<\/p>\n a complete transformation<\/p>\n 00:42:04:03 – 00:42:09:18<\/p>\n of the financial system,<\/p>\n the social system and the monetary system.<\/p>\n 00:42:09:20 – 00:42:12:06<\/p>\n We don’t know that yet.<\/p>\n 00:42:12:06 – 00:42:17:17<\/p>\n But we will moving into the future,<\/p>\n we will absolutely know.<\/p>\n 00:42:17:19 – 00:42:21:23<\/p>\n And when we see that the smart money<\/p>\n has begun to accumulate,<\/p>\n 00:42:22:04 – 00:42:27:09<\/p>\n like we’ve seen<\/p>\n the global central bankers do with gold,<\/p>\n 00:42:27:11 – 00:42:28:14<\/p>\n that’s when we make our<\/p>\n 00:42:28:14 – 00:42:31:14<\/p>\n shift and we do it straight logically.<\/p>\n 00:42:31:16 – 00:42:34:05<\/p>\n So you should be thinking about that now<\/p>\n 00:42:34:05 – 00:42:37:02<\/p>\n so that when the time comes, you’re ready.<\/p>\n 00:42:37:02 – 00:42:41:09<\/p>\n But if you want to be ready, what<\/p>\n you should be doing is accumulating gold<\/p>\n 00:42:41:11 – 00:42:43:23<\/p>\n and there are different kinds of gold.<\/p>\n 00:42:43:23 – 00:42:45:09<\/p>\n So you want to accumulate.<\/p>\n 00:42:45:09 – 00:42:47:21<\/p>\n In my opinion,<\/p>\n and what I’ve done personally,<\/p>\n 00:42:47:21 – 00:42:52:08<\/p>\n not what I think you should do,<\/p>\n but what I’ve done personally is you want<\/p>\n 00:42:52:10 – 00:42:56:18<\/p>\n I want to own the kind of gold<\/p>\n that is least likely<\/p>\n 00:42:56:18 – 00:43:01:03<\/p>\n to be taken away from you,<\/p>\n or even if you say, Well, I’m<\/p>\n 00:43:01:03 – 00:43:06:08<\/p>\n not going to turn in my gold,<\/p>\n I want the kind of gold that legally<\/p>\n 00:43:06:10 – 00:43:10:18<\/p>\n I can use in the normal marketplace<\/p>\n to take advantage of these opportunities<\/p>\n 00:43:10:20 – 00:43:13:13<\/p>\n that are coming.<\/p>\n 00:43:13:15 – 00:43:15:00<\/p>\n Thank you, Uncle Al.<\/p>\n 00:43:15:00 – 00:43:15:17<\/p>\n Seriously.<\/p>\n 00:43:15:17 – 00:43:18:17<\/p>\n Thank you, Uncle Al,<\/p>\n because he was holding<\/p>\n 00:43:18:18 – 00:43:21:12<\/p>\n at least 3000 ounces of gold<\/p>\n 00:43:21:12 – 00:43:25:04<\/p>\n when it was in the right form,<\/p>\n 00:43:25:06 – 00:43:29:01<\/p>\n when it was illegal<\/p>\n to hold more than five ounces<\/p>\n 00:43:29:05 – 00:43:31:09<\/p>\n because he was holding it<\/p>\n in the right form.<\/p>\n 00:43:31:09 – 00:43:33:04<\/p>\n The pre 30 threes.<\/p>\n 00:43:33:04 – 00:43:37:06<\/p>\n And since gold spot<\/p>\n gold is so severely suppressed<\/p>\n 00:43:37:06 – 00:43:39:12<\/p>\n and undervalued, it’s a bargain.<\/p>\n 00:43:39:12 – 00:43:44:23<\/p>\n Even above 2000 an ounce, it should be<\/p>\n at least 15,000 an ounce minimum.<\/p>\n 00:43:45:04 – 00:43:49:14<\/p>\n And I don’t know what that ratio<\/p>\n is going to be yet.<\/p>\n 00:43:49:14 – 00:43:52:14<\/p>\n Nobody’s going to know it<\/p>\n until they announce it.<\/p>\n 00:43:52:14 – 00:43:56:22<\/p>\n But you just saw in Argentina,<\/p>\n a 50% devaluation<\/p>\n 00:43:56:22 – 00:43:59:22<\/p>\n is not going to be the last one.<\/p>\n 00:43:59:23 – 00:44:04:08<\/p>\n So you really want to<\/p>\n look at the last video<\/p>\n 00:44:04:08 – 00:44:09:03<\/p>\n that I did in uncovering the truth<\/p>\n about who really controls inflation,<\/p>\n 00:44:09:08 – 00:44:14:00<\/p>\n because we are not inside of a true<\/p>\n supply demand market.<\/p>\n 00:44:14:02 – 00:44:16:12<\/p>\n We’re inside of a Wall Street market.<\/p>\n 00:44:16:12 – 00:44:19:04<\/p>\n And Daniela had a phenomenal interview<\/p>\n 00:44:19:04 – 00:44:22:04<\/p>\n with one of my favorite people,<\/p>\n Jorge Gammon.<\/p>\n 00:44:22:04 – 00:44:24:20<\/p>\n We all know I love him so much.<\/p>\n 00:44:24:20 – 00:44:27:16<\/p>\n So you want to catch that interview<\/p>\n 00:44:27:16 – 00:44:30:14<\/p>\n And Taylor, does the Fed have authority<\/p>\n 00:44:30:14 – 00:44:35:07<\/p>\n to issue a CB DC<\/p>\n without Congress’s approval?<\/p>\n 00:44:35:09 – 00:44:40:12<\/p>\n Well, you know, it’s pretty easy to change<\/p>\n the rules and the laws and all of that.<\/p>\n 00:44:40:12 – 00:44:43:15<\/p>\n So catch that video as well.<\/p>\n 00:44:43:17 – 00:44:44:09<\/p>\n So if you<\/p>\n 00:44:44:09 – 00:44:47:14<\/p>\n haven’t, again, click<\/p>\n that cowardly link below.<\/p>\n 00:44:47:17 – 00:44:50:17<\/p>\n Set up a time<\/p>\n with one of our strategy specialists.<\/p>\n 00:44:50:21 – 00:44:52:01<\/p>\n Get your own strategy.<\/p>\n 00:44:52:01 – 00:44:55:19<\/p>\n You’re not just in place to make sure<\/p>\n that you are in the right place<\/p>\n 00:44:55:19 – 00:44:58:01<\/p>\n at the right time with the right asset,<\/p>\n 00:44:58:01 – 00:45:02:08<\/p>\n that you protect your current wealth,<\/p>\n that you’ve managed to accumulate,<\/p>\n 00:45:02:10 – 00:45:06:21<\/p>\n and that you put yourself in a position<\/p>\n to accumulate more.<\/p>\n 00:45:07:02 – 00:45:09:21<\/p>\n Because we are definitely going<\/p>\n 00:45:09:21 – 00:45:13:05<\/p>\n into a position<\/p>\n where they’ll just be the few.<\/p>\n 00:45:13:05 – 00:45:17:15<\/p>\n It’s like the feudal system<\/p>\n where they’ll just be a few hands<\/p>\n 00:45:17:20 – 00:45:20:20<\/p>\n and everybody else that has to lease.<\/p>\n 00:45:20:22 – 00:45:24:02<\/p>\n I don’t know about you,<\/p>\n but I definitely do not want<\/p>\n 00:45:24:02 – 00:45:27:19<\/p>\n my children to be in that position.<\/p>\n 00:45:27:21 – 00:45:29:18<\/p>\n Make sure you subscribe.<\/p>\n 00:45:29:18 – 00:45:34:19<\/p>\n Give us a comment, give us a thumbs up<\/p>\n and watch the other videos.<\/p>\n 00:45:34:19 – 00:45:36:07<\/p>\n But so important.<\/p>\n 00:45:36:07 – 00:45:37:15<\/p>\n Share, share, share.<\/p>\n 00:45:37:15 – 00:45:40:02<\/p>\n We do have that five minute video.<\/p>\n 00:45:40:02 – 00:45:42:05<\/p>\n I guess it’s 5 minutes and 40 seconds.<\/p>\n 00:45:42:05 – 00:45:45:00<\/p>\n You said something like that.<\/p>\n 00:45:45:00 – 00:45:46:22<\/p>\n So that is that is complete.<\/p>\n 00:45:46:22 – 00:45:48:20<\/p>\n And if you’re watching this,<\/p>\n 00:45:48:20 – 00:45:51:14<\/p>\n you can watch it on our<\/p>\n I don’t know if they’d put it<\/p>\n 00:45:51:14 – 00:45:55:14<\/p>\n on a landing page that it’ll be<\/p>\n in the description of this video.<\/p>\n 00:45:55:17 – 00:46:00:10<\/p>\n It’s okay, but it’ll be in the<\/p>\n in the description on this video.<\/p>\n 00:46:00:16 – 00:46:05:02<\/p>\n And this is one<\/p>\n that was specifically designed for you<\/p>\n 00:46:05:02 – 00:46:10:09<\/p>\n to share to people that don’t believe<\/p>\n it’s not going to scare the crap.<\/p>\n 00:46:10:10 – 00:46:12:10<\/p>\n Well,<\/p>\n it should scare the crap out of them,<\/p>\n 00:46:12:10 – 00:46:15:15<\/p>\n but it’s not designed to scare the crap<\/p>\n out of them.<\/p>\n 00:46:15:16 – 00:46:20:04<\/p>\n It’s designed to just open their minds<\/p>\n just a little bit<\/p>\n 00:46:20:06 – 00:46:22:18<\/p>\n so that they can see what’s happening.<\/p>\n 00:46:22:18 – 00:46:25:18<\/p>\n We don’t need everybody to understand<\/p>\n this.<\/p>\n 00:46:25:20 – 00:46:31:05<\/p>\n We just need to build and grow this<\/p>\n community of people that understand it<\/p>\n 00:46:31:07 – 00:46:39:04<\/p>\n and are more and more vocal<\/p>\n and more and more people are waking up. So<\/p>\n 00:46:39:06 – 00:46:40:01<\/p>\n let’s hope we can<\/p>\n 00:46:40:01 – 00:46:44:01<\/p>\n have a peaceful revolution.<\/p>\n 00:46:44:03 – 00:46:47:12<\/p>\n Back to sound money<\/p>\n 00:46:47:14 – 00:46:49:14<\/p>\n and until next we meet.<\/p>\n 00:46:49:14 – 00:46:51:23<\/p>\n Please be safe out there. But.<\/p>\n","protected":false},"excerpt":{"rendered":" From Nixon taking us off the gold standard in 1971 to the current supercycle of consistently lowering interest rates, Lynette Zang, […]<\/p>\n","protected":false},"author":23,"featured_media":35014,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1710,1207],"tags":[27,59,83,124],"class_list":["post-35013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-blog","tag-american-economy","tag-gold-2","tag-inflation","tag-us-dollar"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=35013"}],"version-history":[{"count":2,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35013\/revisions"}],"predecessor-version":[{"id":35024,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35013\/revisions\/35024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/35014"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=35013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=35013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=35013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}