LIVE 🔴 Global Debt Crisis Begins: What’s Next for Gold?

0:00We're keeping you guys guessing. We're keeping you on your toes today. Thank you guys so much for being here. Where do you go? I'm back now bug house videos. Thank you guys for your concern. No picture. No sound. I know I think we've got both rocking today. Thank you guys again. You know how it goes sometimes All right, just to confirm we should be back. Yes. Yes. I'm seeing the yeses come in. Thank you guys so much for your patience Yeah, if you didn't hear me before I was joking that was the show. No, we've got plenty plenty more to talk about believe me today As always there's just so much happening and there's so much noise out there with the news I love these times where we can come together and actually break down what's really going on On your toes lizard king. Yes. Okay. Thank you guys so much for being here. I was given a special shout out to I saw Ralph in the chat Ralph Shout out Ralph and I saw Gary always coming through with that number one comment Gary great to see you here. Thank you so much for being here

1:02All the way from the east coast. So thank you guys. All right, perfect. Welcome you guys So I see we have people joining from all over the world right now Just want to give about one more minute for everyone to join and then we're going to dive on in to the latest and I would say the latest and greatest but maybe the latest and not so greatest is what we're really going to talk about today Yes, our strong Judy Shelton side I emoji lots to chat about there. Don't worry. We will be talking about that for sure today I see people joining from India Texas London How is the babe the baby is doing great. Thank you for asking for anyone who doesn't know I am pregnant So yes, baby is doing great. Thank you so much for asking I get a CM on Tuesday is the next ultra sound, which is always fun So can't wait for that All right Judy Judy Judy California Texas New Zealand. Thank you guys again so much for joining today

2:05Appreciate it. This is going to be a fun chat 41 trillion by 2027 We got some predictions on the debt. Yeah, as you can see we've got that debt clock running down there in the corner 41 trillion by 2027 are you saying by the end of this year? We're going to hit it The way things are going right now with these bond yields Crazy or things have happened that's for sure You know it took us so long to hit that first trillion the amount of time it's taking us since then Crazy 80 trillion by 2030 Miss money penny yes Taylor penny coming to you live from Phoenix, Arizona. Thank you guys so much So as you guys know, oh PG welcome so many familiar faces in the house today so great to see you guys all Wonderful I think the debt clock will start running backwards by Christmas and the US will be debt free by the end of 2027 Wouldn't that be something I won't be surprised if one day they came out and weighed their magic wand and just said oh

3:09We're reducing the debt. We're getting rid of the debt in fact. We know how that works, right a reset so Okay, wonderful. Well, thank you guys so much. I see some of you saying it is your first time here So welcome for everyone who is just joining for the first time if you are new here. My name is Taylor Kenny some of you call me Taylor penny and We are going to talk about all the latest of what's going on and of course what it tells us about what's coming next So that you can prepare now because I see your comments. I see your questions You're not alone. Let me start by saying that because recently I've seen a lot of people saying that they feel very alienated. They feel lonely They're following everything that's going on in the news. They're trying to warn their friends and family You're in a great space here because you're with a lot of like-minded individuals. Okay, we are all true seekers We are digging beyond the headlines to really see what's going on and I know sometimes that can be a hard place to be in So I just wanted to start today's show by saying you're in good company here all your questions

4:12This is a perfect space to throw them in any of your thoughts. Okay, because again We all know what's really going on. We're seeing beyond the headlines. So welcome you guys Okay, perfect. Oh Woody Cape Cod Massachusetts. That's where I was born actually shout out to the Cape love that All right, so let's go ahead and smash out like button and we are diving right in here So today's news you guys the 30 year and the 10 year treasury has hit their highest yield since 2002 now if you've been following Treasury yields or the interest on US debt Over the last couple months, you know, the news has been the highest since 2007 the highest since 2005 now the highest since 2002 We're talking about almost 25 years here. Okay, that the treasury yields have not been this high This is very important to everyone out there watching. Okay, a lot of times I talked to people

5:13I say in my real life right friends family who aren't following this closely and they just go Yeah, yeah, yeah, yeah, bonds yields doesn't matter. It does matter. It matters a lot. Okay, it matters a lot and we're gonna talk about why Love the currency wall of shame. Thank you so much. I made that myself. Thank you for shouting it out. We love it Um, but this time is different Rob says, but this time is different. Yeah, absolutely this time is different, right? This is the 10 year just shooting straight up And this is the 30 year shooting straight up, but this time is different. No, definitely not. Okay, so Why does this matter so much? Why does this matter so much? Well, it's essentially the interest we're paying on our debt, right? And you can see that debt clock down there at the bottom of the screen 40 trillion in counting so the more interest we're paying, right? Where is that money coming from We don't have a surplus of funds that's going to pay off our interest, right?

6:14The only way we come up with that is by issuing more debt, which requires more borrowers And those borrowers are demanding higher yields. Yes, Rob is right on it Have to print the interest as well and Joe I see you have some questions about Judy Shulton. Don't worry We will definitely talk about Judy Shulton's appointment as counselor to the secretary treasury today So looking at these yields. Okay now Why are they rising so much and I found this article the other day you guys and I talked about in a video on Tuesday But I just have to show it again because the stupid I mean the clonery really it's just I can't keep up with it Why the surgeon bond yields could be a positive? This is what the mainstream media is trying to tell us It's even a stretch for them, you know, we know that they love to bend and stretch the truth But even for them this was just a little bit too far for me Again, when have you ever been told that the interest on your credit card or a higher mortgage rate is a positive for you

7:19Right? Is this a good thing for the United States? Absolutely not make no mistake But they're going to try and gaslight us all into believing that this is a good thing that's happening right now. Okay So what they're trying to say here is that there are two layers of yields. Okay, so there's the real yields Which is the strength of the underlying economy? Okay, so that's one layer the second layer is inflation expectations Right So essentially what they're saying here is that the reason that investors are demanding more interest for US debt is twofold It's because they're assuming inflation's gonna go up So the bonds that they're holding will be worth less so they want more to hold it And that the economy is just doing so well that things are going so well for the United States It is clear that the real yields have been the key driver this year Essentially what they're trying to make everyone believe is that the United States is just flourishing

8:21We are doing so well the economy is growing so fast They're ultimately this is a good thing that these yields are rising. It's just telling us how great the United States is doing Absolutely not. I mean you guys tell me do you buy any of this? Tell me do you guys buy any of this what they're trying to sell us right now Let me see Because again, I think you all know how I feel about this but Yeah ministers of propaganda. Yeah, that's a good one right there. Mm-hmm Definitely so you guys let's see. Oh and shout out great gizoo. I retired today. That is we're celebrating Yes, amazing congratulations. Very exciting You know, I know for a lot of people out there who are you know retiring or getting closer retiring This kind of stuff is scary. So I definitely hope I definitely hope great gizoo Congratulations, and I hope you have your precious metals because

9:21Not to be a buzzkill today, but what we're going to talk about of course does not bowed well for the dollar for stocks for a lot of investments for people who are retiring And I know many people who are getting close to that are often looking at this stuff and going Oh boy, what's coming next what's coming next? Yeah, Justin says he's afraid to buy stocks right now Brick azoo no work for me. I have Gold Silver crypto. Love to hear it. Love to hear it. Well, congratulations to you very exciting news So What you can see is no danger to the system. Let's see so you guys as far as what's going on here So the mainstream media is trying to tell us this is a good thing It is not a good thing, okay The last time again that these yields whereas highs they are today was back in 2002 So if we go back to 2002 the US debt was roughly six trillion dollars, okay Six trillion dollars So What are we seeing today right this is even outdated, but we see it in the bomb of a screen 40 trillion dollars

10:25So you're taking the same interest rate and applying it to significantly more debt You know seven or eight times the debt you have the same interest rate That's how fast things are happening now if you look at the amount of interest we're paying look at this you guys Whoo, right just in the last five six years The amount we're paying an interest is shooting up now this again bodes very poorly for the US for the US dollar and for all of us holding it Okay, and we're gonna talk about this wow. We added 200 billion already Yeah, let's see was there overnight foreign bond selling someone told me this and I can't find news of it anywhere Wendy I don't know if there was something that happened last night I didn't see anything about a particular overnight bond selling what you might be referring to is the fact that again These yields just continue to rise which means No one wants the debt right they're demanding more debt. There is a buyer. There's always a buyer The question becomes at what cost right at what cost so the US is issuing more and more debt

11:31There's less demand meaning that that cost is continuing to rise, okay Would the interest rate increase more so this means a couple of things for us, okay? These again these yields going straight up Number one. Yes, where we can expect to see the cost of borrowing for everyone increase, right? Whether that's Again mortgages or any kind of loans anything that impacts you directly in terms of debt, right? Anything that's adjustable That is going to be increasing or going to see the cost of borrowing increase at just for the United States, but for all of us As far as if the Fed is going to continue to increase rates well, you know, who knows what's going to happen there I know many are speculating there will be more rate increases But it's kind of interesting at this point because again regardless of whether they do or they don't Globally the investors themselves are telling us what they think of US debt, okay? So let's see at what number does it really matter in your opinion

12:32100 trillion welcome silver serpents to to the chat Um No, I mean it the debt matters right now and that that's a common misconception, right? Oh The debt's been the debt forever the debt's been the debt forever at what point does it really matter? I mean when you look at these tropes you guys right like when you look at how fast things are happening For me that's the clue right that's the kicker right here. That's the acceleration that we're seeing happen So many people try and time what's coming next right? They're always trying to time it going is there are certain numbers or certain point Is there a certain red flag or alarm going off and that's when I know I need to make moves? Right, I'm sure many of us have had that question ourselves What I tell people is it's not just the size but the speed at which this is happening for me That is the alarm bell going off, okay? That is the alarm bell going off that our dollars are going to be worth less

13:32Now I showed this the other day too. I saw this image on zero hedge Let me see I I just thought it was really good because again when I talk to people about the debt Okay, they're going they're going like well How does this how does this impact the dollar? Okay, well as the debt continues to grow There's three ways that the government can honor debt Number one repay through growth, okay? And that's that's again this article over here is saying Oh, it's a good thing the bonds are you the bond yields are rising right there saying it's a good thing because the economy is growing It means it will be able to pay off our debt That is not happening. It's not happening. We are running a massive deficit. We don't have extra funds to pay off our debt So get method one out of our heads and we'll talk more about this in a second too, okay But let's see number two is a default right an official default on the debt So that's where they go. Oh, you know, we're just not going to pay this You know, we're just not going to pay anyone back. That's an official default

14:35Um, there are other ways to default too. I mean I've talked about this before because people go well the US will never default I say what's money is we actually have If you think about 1971 right what happened back then President Nixon dealing the dollar from gold That was a default on the promise to the rest of the world that they'd be able to convert their US treasuries for gold right The US has defaulted before but no one wants to default right the US doesn't want to default So what do they do instead? inflation a stealth default, okay politically invisible the modern preferred path right that robs lenders of value Okay, that is the plan and I think what a lot of people don't realize too is this isn't an accident inflation doesn't just happen. It's not something that the United States just tripped and fell into inflation one day This is actually the plan to get us out of the debt crisis wherein Which means every single dollar right that you have that I have and I'm not just talking about cash

15:40Right or you're checking or you're saving some talking about annuities talking about Everything that's dollars nominated that includes bond stock market right everything is going to be worth less They're going to devalue the dollar that is the plan that is the plan Yeah printed coupons Let's see Last time national debt was at zero as Andrew Jackson was president Yeah, we're not going to zero you guys we are not going to zero printing about to start Mm-hmm printing definitely about to start Yeah, why does the US not want to default? Well, here's the thing that defaulting right is again It's essentially ending the game right like if the US just straight up default and said we're not paying anyone back It's going to be a complete crisis. It's going to be an immediate crisis now the stealth default Keeps the game going a little bit longer. You're squeezing the juice out of the lemons and anyone who's positioned correctly, right is going to actually come out the other side

16:42wealthier But it's going to be the masses right that are holding the dollar they're going to be the ones who feel at the most So that's a good question If we look at the last you know 20 years or so too I mean, there's always been a growing divide between the haves and the have-nots They call the say wealth transfer right wealth doesn't disappear. It merely changes hands Meaning that the wealth is being taken from the many and being consolidated to the few So through inflation they are stealing the wealth of the masses and that wealth is going straight to the top Right those who are already positioned so that's ultimately how they get away with this Yeah printers go There we go Let's see Anyone is awake and wants to stop the BIS crime against humanity see me Fill up What are you talking about there? I'd be curious paying for international settlements. I'm sure there's a lot of crime there You don't have to tell me twice, but would be curious what you're talking about Okay

17:43Let's see yeah, they screwed over the worker in society 100% This is not a great reset or wealth transfer event It is the fleecing of hardworking Americans that never saw this coming dead king I mean, I would argue that that is the definition of a wealth transfer right? That's the whole beauty of it It's the horror of it really depending on how you're looking at it right is it they're getting away with it Because most people don't understand this is coming now you out there watching all of you in this chat right now You guys see what's coming you guys see what's happening and the more more people we can wake up to this the more people can protect themselves Which is why we're doing this right? Which is why we're doing this Yeah, I mean the masses are dumb for listening to crooks rob says You know I struggle with this because I'm out here every day like with the megaphone trying to get people to listen I don't think it's that people are dumb. I just think that it's the system is designed They're designed so that people don't realize what's going on. This isn't taught in schools Right, they don't want you understanding these fundamentals

18:46Most people if you walked around and asked him some basic questions have no idea now you could put the onus on them and say Hey, there's a lot of resources out there. They could go learn But I think a lot of times like if your parents or your grandparents didn't understand what was going on Or you didn't learn it in school right or you don't have that introduction that light bulb moment to it's really going on That's them winning because they designed it that way. They don't want people to know what's going on. That's the truth They don't want people to know what's going on How do you protect yourself? Okay, good question good question So Let's see you guys so we know what do we know we know that the dollar right that this is always going to be worth less Tomorrow than it is today. We know that this debt crisis is continuing to grow So what does this mean for what's coming next? Well, it's interesting because a lot of people right are wondering what's going on with gold Because gold is the obvious answer right when we talk about currency Life cycles and the devaluation of currencies from other countries

19:50Gold historically always protects those who hold gold on the other side. Okay So many of you have written it and said why is gold not surging? We're seeing these headlines about US debt right what is going on with gold? What is going on with gold Um, what's interesting about it ultimately is that you know actually you think Okay, let me back up. So part of what's happening with gold right now is short-term pressure Okay short-term pressure on gold. What do I mean by that? I mean that when yields are going up and the dollar is strengthening People look at investment opportunities where they say okay. I could make a real return on holding something like government bonds Right, there's an interest there. We just saw the interest is going up So because of that we see this move sometimes away from gold especially when rates are being raised right We'll see a sell-off in gold, but that is a short term pressure The bigger reason why is you have to understand long-term

20:53Why are the yields going up? Okay, and as I said the yields are going up Because of inflationary pressures geopolitical pressures right this move towards away from the dollar and towards a new monetary system And when you zoom out and take all of that in well then the case for gold becomes very clear So what I believe is very sad is there are a lot of people who aren't understanding this bigger picture versus this short-term movement And they're not realizing that this is all applying ultimately. It's gold that will truly protect you on the other side It's gold that will truly protect you on the other side Yeah, don't trust the official inflation rate multiple multiple by three for the real inflation I see another one inflation real inflation is nearly 20 percent don't listen to the BS that came out of this administration Yeah, you know the the numbers come from The BLS the Bureau of Labor Statistics. I call it drop the L

21:57You know the BS because ultimately they've already come out even said they're going to change the way that inflation is being measured They've already done it multiple times many times So we know inflation is far worse again. It's all gaslighting right they're all just trying to make us believe inflation is not that bad Let me ask you guys you think inflation is worse than it is We just got the latest numbers and they said what oh it was actually better than we anticipated right I don't know how do you guys feel in your daily lives do you feel like inflation is better than you anticipated? Do you feel like prices are lower than what you thought they were? And see so if yield is up as gold supposed to go down Historically that is what we see in the short term again. So yes, that is what we see in the short term It's very common we've seen this throughout history, but again, it is a short term pressure on gold Long term if you understand why it's happening right that is when we're going to see real moves here So I actually thought this article is interesting too

22:59um So again, we could expect that yields are rising there's the short term pressure on gold But the real reason is why okay? So after back if we go back to when the United States froze and seized Russia's official reserves Right central banks accelerated efforts to diversify away from the dollar and Supporting gold right why did they start to do that because they realized their US treasuries right they weren't safe They could be frozen or seized with the push of a button Right, this is when we started to see the bricks nations band together and say we got to move outside of the US dollar Now remember the dollar is the foundation of the entire global monetary system So the more that we're seeing this alternative new system being built outside of the dollar That is where we're going to see more pressure on the dollar in these yields rising Now that system I'm talking about that these other nations are coming together and building what are they building it with

24:03gold Gold why would they do that right it's not just China right it's central banks all over the world Okay, we're seeing massive amounts of gold buying why would they be buying gold People like to say oh, it's outdated. It's slow. It has no place in a modern monetary account Okay, well then tell me why are all the central banks buying gold? What do they know that we don't if you think about it the central banks They're the ones who print the currency right they print this and they don't want it What does that tell you about this? What does that tell you about this that the ones creating it don't even want it No, they want something you can trust They see the writing on the wall. They understand what's coming next. They understand what's coming next Yeah, the dollar is trash 100% Let's see Only by physical definitely not GLD. Yeah, a lot of people ask Physical or paper gold right which one and my answer to that is always why are you buying gold said this before

25:06I'll say it again. Why are you buying gold if someone tells me I just want price exposure short-term Okay, great. Yeah, don't invest in a gold ETF. That's perfectly fine But if someone tells me I'm worried about inflation I'm worried about the future of the dollar. I'm worried about banks closing the exits Right, I'm worried about a CBDC. I'm worried about digital control Well once I hear all that it is a no-brainer that you want the real deal physical right Because this has no counter-party risk. It's why these central banks are buying physical gold They're not buying gold ETFs Right this chart isn't gold ETFs. What are they buying physical gold? Why because they can trust it It lives within their borders Central banks have been repatriating their gold or bringing their gold back home Within their borders right they're not just letting someone else hold it anymore. Why not Because things are heating up remember earlier. I said there's an acceleration happening That's another tell right you've got to keep your eyes open to everything that's going on. I know many of you in here already do

26:13Yeah, global debt crisis has begun My niece understands she tried to throw a dollar pill in the trash can silver Eagles. That's funny I Love that. I love that. She is five. Yep. That's the spirit though, right? That's the spirit Maybe we're not throwing away our bills yet. We're not burning them for fire and warmth yet But I love that she's got that spirit in her Yeah, you will own nothing and be happy. That's the truth right? That's what they want. They want a nation of Renters. They don't want people to be owners, right? This is true ownership This is financial freedom not even just financial Right, if you own your gold in your silver physical gold and silver This gives you the freedom beyond right when we think about a digital society and digital control This is what's going to give you your own freedom and privacy moving forward Otherwise, yeah, the end goal is oh nothing and be happy all they want is people to have access Access to everything right if you think about it these days

27:15Access to food everything's a subscription model right whether it's food your music your videos You're renting right they now I don't know if you guys have seen the propaganda. It's all about renting Not to shame anyone who can't afford to buy because I know many people are struggling right now for sure But it just makes me laugh that it's like oh rentings actually better right we want you renting private equity Snatching up all the single-family starter homes. This is where we're headed next you guys and again It's happening really quickly. It's just happening all over the board in a lot of different areas And I think because it's happening that way it's harder for people to pick up on all the little pieces and put them all together Right okay Let's see. I know I've been yapping for a while. I have plenty more to talk about but let's see what you guys are saying out there All right access not owning that way they have the ultimate decision 100% I Will Golden Silver help when they force us to submit digital ID to be on social media

28:17I mean listen if you ask my opinion you guys digital ID right digital dollars total control It's scary stuff. It is coming. It is it's happening right now right they're building the infrastructure. They're building the rails as we speak So if you ask me there's no getting away from it. It is coming Um, unfortunately Like the powers that be are just too strong So yes, what we can do is make sure we do own our physical golden silver outside of the system Now People say well what happens when the entire system is digital and I only have my golden silver right? I don't want to have to go back into that system I think that my thoughts on it is it's going to be impossible to avoid the system But by having physical golden silver outside of the system You are protecting yourself because you will have options options. You want otherwise have right the same way that when people ask about buying silver gold and they go, you know, well, I don't you know

29:20I'm thinking about buying it, but you're really doing this is real money, right? This is real money But you're really doing is you're trading your fiat dollars in for real money Now when the time comes you could always trade your real money in Orfia dollars and at that point it's going to be worth significantly more, right? And that just gives you the options and opportunity Why you have bought your golden silver have not happened yet or anyone out there when people talked to me about selling I go, well, why did you buy it? They again tell me oh, I'm worried about total control the digital future This and I go well then why are you selling it right now, right? Hold on to your golden silver hold on to your golden silver These centralize is good centralized is bad absolutely Revolution to avoid total control in a surveillance state. Yes. Yes 100% I mean listen their strength and numbers again. Do I believe that this is already happening? Yes, but the more that we can wake up and resist the better, right? United States. We have a history here of

30:22You know being rebels right and fighting back So I know there's a lot of strong-minded strong-willed individuals out there who feel the same way which is good thing for those of you joining us from Other countries, you know, I know lots happening very quickly in Europe I've been covering that too with the digital euro And I tell people that's not just a Europe problem, right? It's a blueprint for what's coming next But they are pushing it and they are pushing it hard They cannot wait to get everyone in that system the sooner the better And it's going to give us a perfect clear view of what's coming next. That's for sure Thank you for joining PG Thank you so much for being here. All right, let's see If it folds it ain't gold. I haven't heard that one before I like that Welcome from Denmark welcome Yes, hold on to your medals until you need something from within the system then cash in only as much as you need Okay Wonderful you guys any other questions about anything here before I hop back to what I was talking about

31:23Just want to keep checking in with you guys for a second again great crew. Thank you guys so much for being here Love it Appreciate you guys being here. Thank you for all the little hearts coming in you guys are the best Okay, what's the point holding when it's going down? Well again, this is all about short-term long-term, right? I mean Listen cheap and expensive are relative terms right how many people out there who did not buy gold five or six years ago Wish they had bought then right but back in 2020 how many people did I hear going? Oh my gosh It's so expensive. It's so expensive right but today you go wow back then. Oh my god half a third of what I'm paying for now Right, oh is so cheap Well the exact same logic could be applied today. Oh my gosh gold is is so expensive or so cheap It's all relative terms gold is cheap today compared to what it will be in the future right again Especially if you understand that all central banks are moving towards a gold-based future, okay

32:29so Thank you for waking us up. Thank you for being here. Thank you for being awake Let's see I survived hyperinflation in Yugoslavia in 1993 Um, I cannot pronounce your username srb ski But if you have anything else to share about that, please throw it in the chat I'm sure all of us would love to hear about that if you feel comfortable because hyperinflation is no joke and people ask me do you think hyperinflation could happen here in the United States? Absolutely absolutely look at what's going on Inflation right is not just going away the debt is not stopping a big print is coming And it always follows a pattern right I'm not just making this up out of thin air I study currency life cycles throughout history right that's what we do here at ITM trading We study currency life cycles and they always follow a pattern the dollar is no different What's different about the dollar is that it's the global reserve currency and as we're seeing

33:29yields rise and less demand for the dollar And more happening outside the dollar that position is in jeopardy The one thing that's been holding us in the powerful position we've been in right so That's what's going to come next all right Let's see Okay Perfect I saw yes from you about the hyperinflation Yugoslavia Brode and if you have anything else to say and I see a bunch of you guys in here asking about Judy Shelton news So Anyone who missed that news yes today there was news they came out about Judy Shelton joining the treasury Okay now for those of you who aren't familiar with Judy Shelton She is a long time proponent of sound money strategies I've read her book before good as gold I actually have it over here on my bookshelf. She she's incredibly wise and has been advocating for essentially a gold backed

34:33treasury bond okay now she was just appointed to the counselor of the secretary of the US treasury department Many people have speculated that with Judy Shelton here here she is here too if you guys don't know who she is That if she continues to move forward that there would be a gold revaluation right so She's moving closer to the center of the treasury today For those of you who aren't familiar with a gold revaluation it would essentially be a Huge a huge move right where we would be re-valuing the price of gold the United States would because as it stands today Gold is on the US books for $42.22 cents. It's abysmal compared to the actual spot price of gold right So if the United States were to come out and re-value gold either at today's spot price or likely for higher Right that instantly would increase the price of gold now. There's a lot of speculation around this

35:34There has been for a couple of years. I know many people became very attached to the idea This was going to happen on July 4th Which I did not think was going to happen in that time window But people been following clues thinking that this is building right now. Do I think it's possible? Absolutely Anyone out there who says oh, that's impossible. That's impossible. They can't do it. I say um go back to president Roosevelt Right what happened there was a gold revaluation right where they confiscated the gold boolean from American citizens Right rare and unusual coins were exempt which is why it's always important to make sure you understand your different types of gold But as soon as they had the gold what did they do? They turned around and re-valued it right this instantly created more funds for the United States when they were in a Time of need right we were going through the biggest banking crisis We were in over our heads right so what did they do a stole from the American people they re-value the gold now everyone who held their gold Came out on the other side tremendously wealthier right whereas everyone who held dollars lost half of their wealth overnight

36:40Okay So absolutely it could happen again. It could definitely happen It's funny people saying send her to the fed right yeah jude's one of us jude She's been a huge proponent you guys of of gold And sound money in general if you're not familiar with her actually highly recommend you look her up He used to affect Basically goldbacked or bust right so she's she said that the only way we can regain trust right is by Restoring the dollar through sound money now. This isn't the same some of you ask this isn't the same as a gold standard Okay, it's different the idea is is that the treasury bonds themselves would be backed by gold Okay, but again, it could be part of a much larger gold revaluation um Do I think that this is going to solve the US debt crisis? No, I don't but do I think that if this happened Again, these are going to be worth even less overnight and anyone holding gold right is going to come out the other side

37:42wealthier absolutely right and people are going to be scrambling to get more gold if this happens I mean forget about it. So absolutely Let's see How high can gold go under a revaluation? Um, you know, that's a good question. So there's many people who speculate on this The lower end is spot price right just bring it to spot price Um, which again would create instantly. I don't know the numbers off the top my head Um, but over a trillion dollars essentially would be wiped off of our balance sheet now looking at that US debt clock 40 trillion in counting that's where many people go uh That's not going to do that much. So likely it would be higher and that's where you start to see numbers being tossed around like 10 20 100,000 125,000 I am not going to tell you what it's going to be revalued at because again, it's all speculation Um, would it be enough to wipe out the US debt right we're talking really high numbers at that point could it happen?

38:46Absolutely do I think it's going to happen I don't know that's that's a pretty high-ask but many Many believe it would be closer to 10 20,000 But again, who knows right it could be anywhere from spot up until Again, I've seen numbers even as high as 140,000 an ounce it just depends Um, so essentially it's just because they're trying to get rid of this debt And it's a way to wipe it out instantly and again for anyone who says they can't do it They can do whatever they want Right, that's the real truth here. They can do whatever they want. I'm seeing some guesses coming in I'm seeing uh 40k 10 to 20k per ounce Yeah, I'm seeing a bunch here Would they revalue gold just long enough to wipe out the debt and then let the value go down again That's a good question most likely not so other nations have done gold revaluations before like I said the United States has even done one And when you do a gold revaluation, I don't believe I've ever seen it go backwards. It's not something that's been done

39:49Um, so most likely no they wouldn't revalue it and then go backwards It wouldn't work like that. It would be something that they would do if you're interested in this to the Fed even wrote an article last year about this Which is where many people start You know saying okay, this is very real right because the US at this point It's not just speculation anymore. The Fed's not just wasting their time Just researching things and creating notes about things that they have no interest in right online Let me see if I can even find it. Is the Fed research note Revaluation I don't know if you guys remember this or you saw this It was at this and they literally know it's not this they went and studied I wish I had it handy They went and studied other Countries who have undergone a gold revaluation. I don't know where it is you guys, but it's on there somewhere I'll find it. I can always link it later Um, but yeah 100 percent so So Has essentially they'd create the floor for it. That's how it would work

40:51So many people again who aren't holding gold now who think that this is coming. It's like if you don't already have your gold Definitely would want it beforehand. So big news today with that Judy shelon um, I know it's a big win for sound money advocates in general Right, it's funny because some people go Do we really want to move in closer to the center of the system because can you fight this system from the inside? That's something I always wonder right But she is held true to her word every step of the way right she has not changed her opinions on this So it will be very interesting to now see her being a counselor right to Scott Besson Scott Besson Scott I am the house Besson Um Yeah, I was saying earlier to Edgar who is the man behind the magic my wonderful producer and editor That maybe we'll get a little sound button and I'll play I am the house right whenever we're talking about the US For those of you who didn't see that clip of Scott Besson saying you know, you can try and bet against me Um, that didn't end well for him did it because treasure yields continue to rise

41:55Right all we're seeing them do is go straight up So the US is going to be forced to do what issue more debt to pay off our debt. Yeah, good luck with that right Welcome, I see some crustacean army in the house welcome welcome All right Let's see what other questions do we have coming in about all of this I know again as always yapping the house always wins Ralph thank you for being here Ralph always love seeing you in the chat Awesome you guys Gold always wins for 5,000 years. Yes, it's true, right and that's again when people go Why would gold be at the center of the new monetary system? It's old It's outdated Yeah, exactly it's old in the sense it is was stood every war right every shift of power Every chapter of America of not American history of worldwide history gold has been a truth to our value because it's intrinsic

42:57You cannot just create more units of it out of thin air. That's why gold. That's why there's a return to gold right when all else fails You go back to what to the basics to what you can trust That's the truth I Miss the whole show darn it plant Papa John. Well welcome now. Thank you for being here now It will be recorded so you can always watch it afterwards Uh, let's see the fed needs to be abolished completely yes 100% I agree with that absolutely. I don't think again that The fed isn't going to save us. I've talked about this before but it just it drives me up a wall you guys This whole idea that the fed somehow is going to stop inflation the fed is not going to stop inflation the fed is responsible For the inflation that we're in okay. Yeah, no All right, let's see what other questions do we have? I see some jokes coming in grab jokes. All right. What else let's see

44:01What's the news in a nutshell Matthew? I know you're not trying to get me to summarize the last 45 minutes in a nutshell Uh, what's the news in a nutshell? US debt is screwed the dollar is going to be worth last tomorrow than it was today Buy your gold and silver protect your wealth. We have more. So many advocates moving closer to the center of the system In the clown show of a bunch of people who are trying to tell us what's really happening gaslighting us to believe That things are good right now when we all know the truth. They're bad I know I know that you don't have to be sorry. I was just teasing you a little bit there If you've watched before you know, I like to tease a little bit you guys um All right, let's see some more about confiscation Yeah, people ask me all the time do you really think a confiscation can happen again? Absolutely Absolute what's to tell us it wouldn't honestly honestly, you know

45:01desperate times what I always say is that they can change the rules at a moment's notice and again when things get worse in times of crisis That's when we see rule changes, okay, and I've said this before the second you hear there's something being done to stabilize the system Right to stabilize the system That's when you know that we're all cooked that it's too late, right? The second you hear those words a politician or someone in power come out and say that they're doing something to stabilize the system You better hope you've already hit the exits and I'm talking about the exits from the system because that system They're trying to save right that's That's going to come at a cost to you and I They will Brade it as if it's something that will benefit us But if you actually look at who benefits right in the short term long term who gets more power who gets more control and who gets more wealth It's never the masses right it's always for those up at the very top. That's how it works, okay? Yep So never turn in your gold or silver no absolutely not that's why you want to make sure you have physical

46:03Going back to that question earlier physical or paper right make sure you have your physical Because if you don't have the real deal, it's ultimately still trapped inside the system, okay Let's see heard from a David Morgan interview another possible confiscation yet I don't know which interview you're talking about I love David Morgan He's a great guy and if he's talking about it I mean yeah, he knows what he's talking about he might have been talking about I know he's obviously big silver guy silver confiscation too sometimes people talk about that Absolutely, there's no reason again to believe in my opinion that there couldn't be a gold and or silver confiscation in the future 100% I Sounds like you are all outlaws fill up says Hey, I don't know about outlaws, but I would say that those of us in this chat We are rebels in our own right right? I think anyone who's this how money advocate It's so funny because if you think about it like this is real money, right? This is real money

47:06We're not doing anything crazy here talking about real money yet Somehow it does feel like we're outlaws. Why is that right? That's the brainwashing the programming and the propaganda machine telling us all Right that we have to be in the system Right going against the grain, but in fact what we're doing is going with thousands of years of history of true money And looking very clearly out what has happened to us in the past and making sure Pull me once you don't fool me twice right shame on me. We're not trying to do that again Okay, 100% Only real money because someone said it's real money. I'm not sure what you're talking about majestic I'm assuming you're talking about the dollar right real money yet They tell us this is money. This isn't money. It's currency Very different things money and currency. They're not the same thing Right and again, this is what they don't teach you you ask any child walking around what is this they say money All right, it's no fault of their own right they say money Money has to be a true store of value

48:08This is not a true store of value right this is a true store of value Money is a true store of value. Okay, this is currency So they can change the value. They're already changing the value through inflation and they can officially change it through a reset Right they control this the rules on this. Okay You were talking about gold, but okay Gold is real money. I'm not sure who the day is that saying this is real money that you're referring to I mean, I absolutely would say yes. This is real money. It ticks every single box Right, it's portable. It's divisible fungible. Right. It's every single thing that real money is including a true store value Because it has intrinsic value and that's why it's been considered real money again for thousands of years Let's see Taylor another great podcast day. Thank you Gary deniela had a great interview on her podcast yesterday Both of you are terrific along with your company. Thank you so much for the shout out Gary. I appreciate you always being here

49:11Great to see the familiar faces in the chat for those of you who are joining who are new tell me if you're new in the chat here I'm always curious I see again a lot of familiar faces, which I love. Thank you again so much for being here Tell me if you're new in the chat. I want to hear Let's see What other questions do we have new welcome orios delicious? Love it. Thank you for being here Matthew new awesome Perfect Goldens over has no counter party risk, which is why bricks is going to use in other commodities to back their you on Yeah, I've been actually have a video coming out next week about China and gold in particular Because again There are a lot of people ask me. Okay, well the dollar right goes under what's going to replace it? What currency is going to replace it now The most common answer that people are throwing around is the you want because of course everyone's watching what China is doing But what's interesting and that might be their end goal right? I'm sure they would love nothing more than to be the new global reserve currency

50:14The way they're going about is they're not trying to say oh we're replacing the dollar with you on They are building the infrastructure again with gold physical gold at the center And they are allowing trade to happen right in you on But then settlement settlement just being when you get paid in physical gold Because most countries out there. I'll tell you guys they don't want to repeat They don't want a 2.0 a Bretton Woods. They don't want united states to be in power now Suddenly China's in power and they have to count on to China. That's not what they're looking to do So China's coming to the rest of the world and going hey you guys all you have to do right trade with us But we will actually settle will square up with physical gold That's a pretty good deal because you can do whatever you want with your gold right Gold isn't tied directly just to one you know political party to one nation To one alliance right. It's not it. It is universal So a lot of countries are going this is a pretty good deal Right and so China is pushing forward an alternative to the dollar system and it hinges on gold which also tells us where we're going next

51:22Okay All right Thank you. Thank you mark for the shout out love that Let's see Global digital tokenized social credit system will be the only money Let's see What else do we have gold is freedom? Yes, it is yes, it is You expect silver to follow closely behind gold if gold gets a drastic Revaluation will silver go up even faster more than gold You know people ask me this all the time and I always tell people listen. I love my golden silver. I have both Right, I love my golden silver. They have different functions and the way I look at golden silver Right as I study as I mentioned earlier currency resets currency life cycles throughout history And what I am preparing for is inflation that leads to hyperinflation That ends in a currency reset, okay When that reset happens if you study this throughout time right whether we're looking at

52:28Argentina, Venezuela, Mexico, YMAR right you name it any of these currency resets throughout history Every single time on the other side if you look at golden silver Yes, they both go up absolutely silver goes up to But gold goes up far greater in relation to silver So if you're asking me my opinion on it what's going to happen? Do I think silver will outperform gold Go higher than gold no because that's not what history has shown us in these situations And that's what I'm preparing for does not mean you shunned on both does not mean silver's not going to go up to But if you're asking me specifically do I think it's going to overtake gold for me at this point? No And that's just based on what I've studied in history If that makes sense so I get I have both I have both I think everyone needs to have both Um, but that's my answer as far as that Let's see I can't buy a loaf of bread with my gold. I need to invert it into something fungible

53:30Yeah, I mean listen I'm not taking this today to the grocery store and trying to buy a loaf of bread right? It's not happening at this point in time my daily transactions are still within the system Right But there could be a time right when things are happening so quickly if we move into hyperinflation And prices are again doubling right that is when you're going to want your gold and silver because that is when Everyone who is stuck inside the system is going to be losing their wealth their purchasing power so quickly But what you hold is going to be protecting you and actually going up compared to the failing fiat currency All right Let's see Would I buy a bond backed by gold in the future rather than by gold today Larry No, if you're asking my opinion no definitely not no no no no no no Um, it's a good question right maybe others out there asking it, but the answer is no Why okay think about it this way

54:30Throughout history okay, let's actually take this dollar you guys stay with me on this okay This dollar was not always or this federal reserve note was not always just this piece of paper right if you went a couple Hundred years ago and went around to people and let's just say you know I rip off a piece of my paper here and say hey This is as good as gold. This is as good as silver. This this is money What would people do? They would laugh at you they would laugh at you and go I don't want that I'm not holding on to that. Why would I possibly ever trust this? This is nothing. It's a piece of paper smart Right So what does the government do they say oh, you know, we're gonna do We are going to take silver or gold We're going to back it by physical silver gold and this is just as good. This is just as good as the asset backing it Okay, well now maybe I'm open to that Okay, now maybe I'm open to that I can take this and I can convert it what I want right into my silver and my gold Okay, I'm cool with that Well, then what happens eventually they stop the convertibility

55:32So now you're just stuck with the paper and then what do they do they sever the link between the two and all your left with is this So Larry to answer your question What you don't ever want is an asset backed by the asset you really want right the underlying asset the underlying asset is the true wealth Okay, because anytime you have a promise or something backed by something You are counting you are counting on that promise Continuing to remain true even during times of crisis and as I said earlier that is when they change the rules on you So you want to make sure to really protect yourself you have the underlying asset you don't just have a Promise or a claim on it does that make sense? Let me know if that makes sense Okay And thank you guys for such good questions too everyone out there Thank you guys for joining me on this beautiful Thursday I love seeing the energy come through on here seriously. It just gets me all fired up talking to you guys every single time

56:37um because honestly it it's just great like and I've said this before and I even started today's episode for those of you who missed the beginning of this I know it's a common theme. I've been hearing a lot I know many of our analysts that I talked to have said they've heard it on the phones from those of you calling in from our clients are wonderful clients Um that there's a lot of people right now who feel alone or alienated right they just don't know who to talk to About any of this stuff or how to get advice or even where to go when you're feeling down because A lot of people just don't understand or they don't care and that can be a hard place to be so thank you again for being here today and being a part of this Um and not only fills my cup, but hopefully it's filling your guys is cup too. So thank you guys Okay Let's see What other questions do we have coming in Could silver be used to back the dollar if we go back to a gold standard Listen, I don't think we're going back to a gold standard those handcuffs are off. I don't think they want them

57:40The gold backed treasury bonds are different than a gold standard, right Um, which is why I think many people think the judy shelms proposal is so genius Because it's not a gold standard But it still would establish trust potentially with us debt Um, would we go back to silver Probably not you know silver is a dual function metal as many of you know, especially those of you who love silver right I mean, it's not just monetary. It's also industrial and I know it's a very sensitive subject for many people and we talk about um, you know silver crime that happened in terms of You know demonetizing silver essentially Back in the day in the United States But part of it was because of industrial demand that actually Was causing too much fluctuation they couldn't hold on to it. So If we think that silver demand is going to continue to escalate which I absolutely do right We know that there's not enough silver production and industrial man's going to continue to grow

58:41It probably isn't going to be their first choice to back. So that would be my that would be my thought Let's see Family and friends used to think I was stupid buying gold in the last few years They asked how do I get some yeah, isn't that a kick right there and then you know what yep Let's see Central banks aren't buying silver get over it. I mean I think maybe there's what it's an India is buying a little bit of silver But for the most part no central banks are buying gold and again, that's when I say it just depends right on why you're buying it I think central banks again are looking at history in terms of what happens when there's a new monetary system Historically, it has always been gold. Gold is what we always reset to that is why I believe there's this race for gold Right because again gold is being positioned at the center of the new system does not mean you shouldn't have silver Doesn't mean silver doesn't have a place and that it's not going to go up But it's gold that traditionally historically goes up Bar greater compared to silver in these times. That's what history shows us

59:45All right Perfect If hyper inflation happens will other countries accept the dollar for trade? I mean no not likely right that that's going out the window You guys that's not that's not what's going to happen definitely not Let's see What else I gave silver to all my adult nieces and nephews last Christmas They all accepted the gift but no one asked me about how to buy silver I see a lot of questions about how do you get your kids your grandchildren? You know interested in sound money My advice I was tell people's you're doing the right things right by educating them by exposing them You guys know my story with my grandpa right? I was lucky enough to have him be a huge sound Money advocate, but what's interesting is that the lessons that he taught me when I was younger I appreciated them, but I didn't quite fully understand them grasp them or implement them into my life until much later So it's one of those things where the knowledge was there the exposure was there

1:00:50Um, but then you just start living your life especially when you're younger, right? You have other priorities It does not mean though that those lessons aren't being ingrained and as they get a little bit older and start making more financial decisions for themselves That they start to realize wow You know grandpa sewn so or aunt sewn so was right about that Um, so do not feel you know defeated if they're maybe not jumping out of their chair going Oh my gosh, you know, I'm a silver bug. I want to be a stacker tomorrow It might just not be happening right now does not mean that those lessons you're teaching them aren't gonna have a place later on For sure All right The Fed has 25,000 employees who pays for that Richie, I feel like I've seen you send that a couple times. I wasn't trying to ignore you I was just talking about other things and that came through I don't know who pays for that I'm gonna write that down right now Who pays for the feds employees? I don't know if any of you guys know throw it in there I'm gonna do some research because I'm curious myself, but I don't have a good answer for you. So I'll look into that

1:01:56All right Can we see the revaluation of gold by the treasury of so what would the price be for ounce? We talked about this a little bit earlier. Daniel. I said it could be anywhere from spot price all the way up to I've seen people You know kind of throughout 140 150,000 Basically enough to wipe out the entire debt versus a revaluation just a spot My theory is if there was a gold revaluation It would be above spot, but it wouldn't be that high. It would be something still within like a reasonable range But again, it's all speculation. We don't know taxpayers everyone saying tax fairs Tax fairs tax fairs. Yes, Ralph says taxpayers. I love that US taxpayers No, you guys are probably right. I mean ultimately you pay for everything. Don't I? Everyone who uses the dollar pays for everything. So Yeah, the fed private organization a scam self-funded See, that's what's funny the fed is self-funded. That's where it's like

1:02:56Yeah, okay, anyway, I'll do some more research into that but And the fed rich. Yeah, that's basically the bottom line right the federal reserve It's a scam all they're doing is stealing from us. They're not here to help us Everyone out there who's buying the propaganda that they somehow we're gonna save us. It makes absolutely no sense It actually makes me mad um, so no Let's see Half of the people are saying gold is going down half of the people are saying gold is going up As I said at the beginning of this there is a short term There's a short term scenario right now where we're seeing yields go up because of that gold is going down That always happens long term the thesis for gold has not changed you guys the thesis for gold has not changed The same way right the same way that central banks are preparing with gold Every single individual my advice is make sure you have your gold and silver now If you don't already have a plan in place for what's coming next right or you have any of these questions because I see some of you guys

1:03:58Saying what should I do what should I do you can always call us at the number below call us after this live Call us the numbers right there say that you were just watching my live that Taylor sent you okay Because I work with our team every single day. They are truly the best in the business I don't just say that right like I spend a lot of time with our team. I have learned a lot from them So I know you guys will too. They're always happy to help we've been here for 30 years helping people Just like all of you prepare for what's coming next with the plan that you can execute before the next crisis Okay Yes some people saying gold is stable 4000 support very strong. I mean honestly That's what's funny too about these yields rising hitting the highest level since 2002 You'd almost think right would gold even be lower the fact that it is where it is is even telling us how strong gold is which is funny Right, but long term we know it's going up like I said, it's all relative. Okay all relative Let's see When is the bubble going to pop what happens when the bubble pops?

1:05:03Yeah, I mean, I don't think it's popping right now, right? I think they're gonna just kind of try and keep it going But we know all bubbles pop all bubbles pop right not some not a few But all and when they pop they pop violently right so it's coming you guys It's coming for sure. They're gonna kind of just keep running it up running it up Which means the fallout will be even worse We know that the stock market is completely overvalued right now, right? We know that homes are overvalued It's all gonna come crashing down. It's just a matter of time Just a matter of time you know what penny Thank you for acknowledging some of my questions have a good night Philip Thank you so much for joining us today. I appreciate it You think we'd be able one day to use our silver or gold to pay for housing I mean, yeah, absolutely Absolutely, it just depends right if you look again at other nations who have undergone currency resets Absolutely, you know, it's the gold in the silver

1:06:04This is what you want because this is gonna be your daily driver right on the other side And this is what's gonna give you that opportunity right so not only to pay Let's say your property taxes or whatever it might be But we know people right we have clients we have people even who work here who have survived currency resets Okay, and this is what's given them the opportunity to snatch up assets for cheap on the other side We're talking about property businesses, right? You name it because again if everyone's wealth is going like this Who stuck in the system but you're going like this with gold right what's gonna happen? There's gonna be a fire sale on everything That's what's gonna create that generational wealth and really set you up on the other side Okay, so that's why it's also so important again to talk to people who understand all of this If you watch Gold Rush hour I don't know if any of you do with Eric and I this past Sunday We ended it actually by talking about you know challenging people to go ask their financial advisor about a reset About what happens during hyperinflation about how they're protected against what's coming next

1:07:06Um, and I saw some good comments on there because of course they have no idea. They don't know how to answer that It's not what they're paid to do right so you want to make sure you're working with someone who understands all of this Okay, it's not just about owning gold and silver. Yes, owner gold and silver But understand why Understand the pattern understand what's coming next right because that's how you truly can protect yourself All right Let's see Money printer go brrr Uh Who are the other 10 states besides florida where gold is legal tender kevin ass I don't have them all off the top of my head um if you want there is uh I would look up sound money defense league They have a ton of incredible information jp quartet who runs it. He is awesome um He keeps it super up to date with every single new piece of legislation Where we are with all the rules on every single one gold silver all the stipulations Um, so if you're interested in learning more about that that would be the resource. I would recommend

1:08:12All right Perfect Google states using golden silver as legal tender. Yes, sure you could do that too Definitely um, but I do recommend it is really interesting like if you truly are interested in besides just knowing it tick box There's a lot of different legislative pieces that are moving around he keeps track of them all um and every single one is a little bit different too so And they have to be us sovereign coins. Yeah, that's what I mean. There's a lot of different stipulations on them even in florida right what's interesting is a push You know, and this has been happening in texas too with their uh depository A push to get citizens to deposit their physical gold and silver into these depositories where you then get a plastic card like a debit card where you can spend and use Your golden silver which if you ask me Absolutely not we just talked about confiscation right why would I ever give them the real deal today so I can spend it

1:09:12No, no, no, no, no, no, no, no, no, no, no, I don't want them touching my physical gold and silver personally if you ask me Um, anyway That's sorry a little bit of a ramp there Um perfect any other questions you guys and again Thank you guys so much for being here today as always love to see you guys Everyone's been awesome. Gary says my banker never heard of a bail in isn't that funny? What do you tell you if he had That clip from the FDIC of all them sitting around laughing at the american people for not knowing what a bailin is right yeah No, but ultimately it doesn't surprise me if he's never heard of a bailin um of course It's not again something that they want anyone knowing about right It's not something they want anyone knowing about Of course not U.S. Housing bubble is popping tea drinker says yeah, I mean It's it's funny because like I said, I'm like the bubble is just gonna keep growing But at a certain point every single bubble does pop. I think we're seeing all those cracks right when it actually pops

1:10:18It's gonna be brutal um, we're not quite there yet, but it's it's coming. It's coming. That's for sure I Question what is the average ounce of gold a household should keep to ensure financial safety Snacklacks that is a great question I can't answer that because every household is different right how many people are in your household? What are your You know, what's your income? What's your output? Um, what are your needs? What do you want to live comfortably? What are you concerned for? Um, what assets do you have otherwise right? It's a lot that goes into this if you have those kinds of personal questions Around how much gold is right for you? I again recommend calling us at the number below Talking to one of our experts analysts who can actually walk you through all that and again tell them Taylor sent you Um, and let them know that you're on this life, you know, and they'll be able. They'll be happy to help you again All right Perfect Well you guys We are coming up here on just over an hour. I think that we've covered most of

1:11:22I had some other stuff I was going to go over but honestly my favorite part is just rip in with the chat with you guys and going through everything So I appreciate you guys being here so much as always I'm sure there's going to be a lot more to talk about. They're never as a shortage right there's always something going on Um, and you guys always bring the best questions too So for everyone who is new I know we had a lot of new faces a lot of returning faces Thank you for joining if it was your first time I hope to see you back next time for everyone who is here Who's been here before like Ralph. Thank you Ralph shout out Ralph shout out Gary some of those day ones Appreciate you guys for always showing up and bringing the hype in the chat and as I said multiple times now knows in my fields Um, it's just nice to come together with a community of people and you know who all think the same so It's just it's a feel good. It's a feel good not to get sappy at the end on you guys, but anyway Thank you again so much for being here. I hope that you guys have a wonderful rest of your week

1:12:24A great weekend and as always continue to keep those eyes peeled watch what they're doing not just what they say Right look beyond the headlines as I know all of you do you're always digging into everything. Yes, mushy mushy And uh, thank you guys so much as always until next time You