The Eric Metaxas Show - #195 - Yair Pinto

0:00Hey, the folks welcome. If you follow this program, you know who I am and you know that one of the main things in my life is standing with, how do we phrase this? Standing with the Jews. Yeah, we're against Jew hatred, which is my new term for anti-Semitism, which sounds so clinical and okay. And so I thought, wouldn't it be great if I could talk to somebody who's served with the IDF who is a TV host, Director of Operations at TBN in Israel. And we found that guy. His name is Yair Pinto, he's TV host journalist, Director of Operations, as I just said, at TBN Israel. And he has a new book out called Boots on the Ground, a War Journal of an IDF Reservist. Let's get it now.

1:01I'll burn the train. It's my time again. Forward to the book written by my friend Ambassador Mike Huckabee, Yair Pinto, welcome to this program. Thank you for having me, Eric. I'm very excited and I really enjoy the opener that you just stated about, you know, the new anti-Semitism, which is basically Jew hatred or Israel hatred. There's like all kinds of evolutions that hatred have changed in order to basically hate what God is doing here in this land and all over the world. That's what it is basically. Well, there's a lot of confusion out there. There's a lot of willful confusion and there's a lot of Jew hatred masquerading as confusion and asking questions. Notice I didn't mention Tucker Carlson's name on this program. So, but I want to talk to you because you've served with the IDF. You believe in Jesus, you believe in Yeshua, you're a Jew. You've written a book called Boots on the Ground.

2:02I'm very happy, honestly, Yair, to get you on the program to talk with you. So tell us, I mean, give us the basic background because you've been on here before but people won't remember the basic background of your life and how you came to serve with the IDF and how you've written a book about it. Well, I was born and raised in Jerusalem in Israel, a group in a believing family in Jesus which is already very, very rare in the Israeli society. I think that the percentages of Jews that believe in Jesus in Israel are 0.001%. So throughout all my life, I was the only Jewish follower of Jesus in my school, in my basketball team. And then at the age of 18, like all the other Israelis, I joined the IDF. And again, I was the only follower of Jesus then. But fast forward to the October 7 events and the attacks against these are the start of this ongoing world that we're in right now.

3:02Together with my fellow reserve soldiers, I was called to fight against Hamas terrorists in Gaza and against his Balat terrorists in the north. I had to leave my wife and three kids. My youngest boy was a three months old at the time. And I had to leave my job and everything where uniform and serve again at the age of what was I like 36 years old. And the IDF to defend the country. And God was acting throughout this entire time. And I thought people need to know that God is acting and using hard times in order to share his love with the world and to share that he is a faithful God. So that's how I came to writing the book. It's basically a whole journal about my day to day lives. And I think the cool thing about it, maybe you'll enjoy it. I want to hear your thoughts about this also, Eric, is that every single day I reported from the grounds on the front lines

4:06with TBN. So I shared what happens on the ground using my phone from the Gaza strip, from the border with Lebanon as a soldier. And the book now is connecting these moments with the readers using QR codes. So the reader can read a chapter and then see me actually in the location in Gaza or on the border with Lebanon on that very day. So this is something that I think is very interesting. And it's another way to share the truth of what's happening for Israel with people around the world so that they can pray about the situation. So that's what it's all about. It's amazing. I wanted to use that same QR code technology with my book on the American Revolution. But it was very hard finding videos from the American Revolution. And in the end, we had to give up because there's only so much time. We looked and looked, but I'm sure they exist, but who knows where they are. Well, this is amazing to me that you are there in Israel or as you pronounce it, Israel.

5:14Every time I'm talking to somebody who pronounces things in their native way, I feel kind of guilt. Like I should say this. Like instead of saying, yeah, here I should say, yeah, here, right? How do you say it? How do you say it? First name. Yeah, yeah, yeah, yeah, yeah, yeah, yeah, we don't have it. We don't have a, in the English world here, but you, you're there. And I'm just amazed really that we get to talk because I want to dispel the lies that are circulating that, you know, when we talk, I mean, no kidding. When I did my research on my own book on the American Revolution, I was astonished at how sadistic the British were and how Christian the Americans colonists were. And when we're talking about a war, you have to talk about that. Are you dealing with people that are on the same page, fighting for noble principles,

6:14or are you dealing with sadistic monsters? I think this idea that people throw around the term genocide, you have served with the IDF. If you don't mind me just asking you because you've been there, you're, you are, you were literally wearing boots on the ground, literally. And why do you suppose there are people who want to characterize Israel defending itself, doing what they did as genocide? I don't, I guess I'm curious because you've now written a book on this subject. How do you deal with that? Because it seems almost impossible to, to, to parry those thrusts. Yeah, listen, it's very hard, but if you look at it from a biblical perspective, it's nothing new. Like the enemy is trying to use all the tricks up his sleeve, such as, you know, spreading

7:14lies, distorting the truth, changing reality. And we see that as like evil spirits that are taking control of our world today, you have alliances between the gay community and radical Muslims, which don't make any sense whatsoever between liberal and human right activists and Hamas terrorists. So when you see these things come together, you understand that something spiritual is happening here. And it doesn't make any sense. Let me add another layer to that. Israel does not have natural resources. We don't have like abundance of gas or oil or something like that. It will be worth all the enemies launching attacks against us. All we have here in the land of Israel is God's promise to the people of Israel. And that's what the enemy is trying to destroy.

8:15And that's why he's trying to launch all these attacks against us. And the only way that I know how to battle lies and misinformation is to share the truth. And the only way that I know how to fight a spiritual war is to pray. So my purpose in the last three years, and that's what I've been doing every single day, around two hours a day in Gaza and now after the war from Jerusalem or from wherever I am in Israel and now with the book also is to share the truth of what's happening here for my perspective, to share that I don't want to fight. I had to go to fight to defend my family, my kids, because these terrorists, they just entered the country and started to kill everybody. Women, children, the elderly, that's the evil spirit that we're fighting against. And we need to unite in knowing, first of all, what's happening and also in praying for the situation. The important thing for American audience to understand is that this war will not end in

9:18Israel. It's not about Israel alone. They want to reach the right of stays. They want to reach Europe. They want to reach your hearts, each and everyone of your hearts, because they want to separate God from his promises. They want to destroy Israel because it symbolizes that God is faithful for thousands of years and that he's performing biblical level miracles today. So if they succeed in destroying us, they already destroyed God's promises in the Bible. Then who wants to serve a God that doesn't keep his promises, right? I have to ask, sometimes I come across as naive or ignorant and that's fine because I know there are people who have similar questions as I do. Why would Hamas say they launched this attack on Israel? October 7th was a 23 now. I'm getting the years confused. 2003, yeah. October 7th, 2023.

10:19Yeah. Why would they say, in other words, I'm no fan of Hamas. I think that they're evil people. But what is their statement that they come across the border, thousands of them and murder thousands of Israelis in cold blood, one of the most brutal acts of war, almost unimaginable really. But what did they say? Because the reason I ask is because when the Nazis invaded Poland, whatever it was, August 30th or 31st, 1939, they did what Nazis do and liars do. And demonically inspired forces do. They create a lie. So they said that we're going to tell the world that Poland attacked us and we retaliated. So this was the lie they put out. I write about it in my book, Born Hafer book.

11:21What does Hamas say that would prompt them to come across the border and murder women and children in this sadistic way and to do what they did? What did they say? What is the lie that they put out there? Well, suddenly it's a lie that we hear a lot in the Western world. The lie of a free Palestine is the number one lie, the lie of occupation over the land of Israel by the Jewish people is the second lie. And then you have the lie of the blue cave over the Gaza Strip by Israel. Okay, all three lies and let's like, rebuke them one by one. Talking about the free Palestine lie, the Gaza Strip has been given to the Palestinian people by Israel. We used to have cities inside the Gaza Strip and Israel removed its own population from Gaza and gave that territory to Hamas, including an airport, a port and its own borders.

12:27They were able to... What year roughly did this happen? It was around 20 years ago. A little less than that. 20 something years ago. In the early 2000s, I remember that while Yasser Erafat was the head of the PLO. It was... I think it was after. After Yasser Erafat. Okay. In any case, go ahead. Keep going. Anyway, so the idea we drew, it's our citizens from the Gaza Strip and we gave it to the Palestinian authority back then. And then in the first elections that they had in the Gaza Strip, Hamas won the elections. And since then, there were no elections of the Gaza Strip by the Palestinian people. And Hamas murdered all the opposition through them off roofs and started rebuilding its military presence in Gaza. If you open the Hamas charter, you will see that their goal is to take control of all

13:32Israel, no two-state solution, no cooperation, no coexistence with the Jewish people. Okay. So that's what's happening in the Gaza Strip. That's number one. Number two is that Israel is conducting a bloke against the Hamas and against the Palestinian people in the Gaza Strip. Every single day, since October 7th, Israel is allowing a truck. To enter into the Gaza Strip with tons and tons of humanitarian food, baby formula, construction materials, and agricultural supplies that they need in order to live there. And that happened even while the IDF was fighting Hamas before the cease-fire took place. Now there are around 600 trucks that are going into the Gaza Strip every single day through Israel, not through Egypt, by the way. Even though the Gaza Strip has a border also with Egypt, but the Egyptians are not providing any kind of support to the Gaza population.

14:33Israel is the one that is providing support to the Gaza Strip despite the fact that they launched an attack against us more than three years ago. So this is the big lie. And then if you talk about two-state solution and stuff like that, okay, Israel wants to talk about that. Israel has relationship with the Palestinian Liberation Organization with the Fadakh movement in Sudan, Samaria, which is by the way behind me. You can see Palestinian villages right behind me in the background. But when the other side, which is the Hamas terrorist organization, a recognized terror group by the international community, by the United States, they don't want to live side by side. Their goal is to annihilate all the Jewish people and to take control of all Israel. So how can you negotiate with that? Should I say, okay, you destroy only 50% of my population, not all of it. Let's meet in the middle.

15:33Maybe annihilate just half of my people, not all of it. You can't reach a common ground with somebody whose goal is to annihilate you. And that's how they teach their schools. That's how they teach their kids. The only future for them is to destroy the Jewish people and take back all of Israel. And take back is also a wrong word to be used because if you look geographically or you start with the difficult times, Israel was the nation of the Jewish people. And if you go to modern days, even before the establishment of the Jewish state of Israel, the Jews bought this land with money from the Arabs that lived here, some parts, and other parts from the Turks. And they got half of it from the British. So everything was done legally according to international law. There was never a Palestinian state here. So your book is titled Boots on the Ground, Award Journal of an IDF Reservist.

16:39So you are one of these Israeli soldiers. You have been one whom the pro-Palestinian leftists are accusing of genocide and of all these kinds of things. I mean, you are risking your life. You have a family to fight in the IDF. You have done this. And how do you respond? I mean, you've already responded to some extent. But how do you respond to these accusations that you're committing genocide? I mean, my take on the term genocide is that they throw these words around deliberately. I mean, you can say anything you like, but it's not a genocide. I mean, no matter the worst of it would still not be a genocide, but they throw this term around because it's propaganda. I mean, this is Goebbels' level propaganda. And it's simply what they do because a lot of the news media, a lot of the left-leaning news media accepts it. Yeah, exactly. So let's start that if Israel was trying to commit genocide against the Palestinian people,

17:44we're doing a very terrible job because the population of the Gaza Strip is just increasing and who gives food and truckloads of humanitarian aid every single day to a population that you are trying to commit genocide against them. But let me explain for a personal point of view because I'm an IDF officer and I thought inside the Gaza Strip, before we enter a neighborhood, inside the Gaza Strip, first of all, we send an airplane that throws leaflets. Basically, paper notes that tells the population and said also the terrorists that we are coming. We are coming to destroy terrorist infrastructure in that neighborhood. In this note, it tells the population the civilians to move from that location and marks a safe route to move that the IDF will protect because the Hamas terrorists are also launching attacks against their own people, preventing them from moving the communities because they have a goal

18:46of increasing the civilian casualty because it makes the IDF looks bad. So and then we are also preparing a safe zone for these population to resign with housing and with food and protection from the terrorists. So that's one. Second of all, we are also making phone calls with IDF officers that speak Arabic to the population, telling them also to move away from that location. And then there are very strict rules of engagement that the IDF needs to take into account before carrying out any kind of attack against a so-called civilian facility such as a hospital, a school, a mosque, or a church, or any kind of religious building inside the Gaza Strip. Even though Hamas has been using these buildings as its basis of operation. So we need to think and get a million kinds of approvals before we carry out an attack

19:52against a Hamas stronghold because it is based underneath the hospital. And we've seen in this wall all the bad media that Israel got because of launching attacks against Hamas operatives that operated from inside hospitals and schools. By the way, the international law and the international war of engagement states that if a compound, a civilian compound is being used by a terrorist group or a militant group, it is no longer safe from retaliatory attacks by the army that is facing it. So still, maybe I don't know. I don't know. It doesn't talk about that. Well, the thing is this, that the people who hate to Jews believe everything you're saying is just lies, the Nazis call it Jewish propaganda. And there are many people who believe that. And there's no dealing with them, no matter what you say or whatever it is you show, they

20:52think you're liars. And that's the situation we're in right now. I know that you and Ambassador Mike Huckabee and others whom I trust know this is true. And we're in a situation now where the people who just hate Israel and they cannot believe any truth about this, they're going to spin everything you said as they want to spin it. But I know that what you're saying is true. And it does amaze me. I keep thinking of how America conducts war and how different we are in conducting war than the Japanese in World War II who were incredibly sadistic and the Nazis in World War II, incredibly sadistic. There are people, there are, there are nations that fight war in an honorable way. And to me, it's evidence of their trust in God that we're going to do the honorable thing and we believe God is with us if we do the honorable thing. And so everything I know about the way Israel has fought has been along those lines.

21:57You've been giving us some of those details about it. So your book is titled Boots on the Ground and you tell us your story. Anybody who wants to know what's really going on, I think it's very important that Americans understand what's going on. I'm grateful for you're coming on this show. And I just can't imagine what it's like to live over there. So yeah, your Pinto author of Boots on the Ground, thanks for being my guest. Thank you so much, Eric. You've often heard me talk about the golden triangle of freedom, that intersection of faith, virtue and liberty. And for that triangle to hold, we need access to the truth. Fortunately, the Medicare system often feels designed to obscure the truth, leaving millions on plans that don't actually fit their needs. That's why I want you to know about chapter. Chapter is a rare breed in the healthcare world, a completely independent advisor that

22:58puts your interests first. They help you understand your enrollment options and ensure you're getting the benefits you're entitled to without the typical high pressure sales tactics. One chapter member, Gary, said he spent countless hours trying to understand it all and it was just left more confused until he called them. Their service is free and has saved seniors and average of $1,100 per year. If you want to ensure your coverage is based on facts, not marketing, call chapter at 5-7-1-4-21-1253. That's 5-7-1-4-21-1253. It's time to find the clarity you deserve. Hey, folks, welcome. This is an important announcement. If you know me or if you've watched this podcast or you were listening to my radio show, whatever you understand, that for me, integrity is a big value. It's something I take seriously. I don't just talk about it. Honesty, transparency, these are actual values that I hold, that I mean to hold, that I

24:04take seriously and I talk about. It's not performative. Whenever we bring a new sponsor onto the show, this is very important to me because it's nice to make money from sponsors, but I have this old-fashioned view that I should actually believe in what we're selling, believe in the people behind the companies that we would promote on this program. I say all that in a heavy-handed way because there are certain times when it becomes very important to say that. This is one of them because I guess the gold industry or the precious metals industry, it's come to my attention over the years and it doesn't have the greatest reputation. I thought, well, I don't really want to be working with a company on this program, promoting

25:04to you my trusted viewers or my beloved viewers who trust me, who have graciously put your trust in me. I don't want to take advantage of that. I say all this because the guest I'm about to bring on to talk about grace precious metals. The company is Bill Armour. He spent nearly a decade in the precious metals industry, he brings extensive experience to the metals market and the broader financial landscape. He is the co-founder and CEO of Grace, precious metals, a company completely reshaping in industry that, as I mentioned, doesn't always have the best reputation. Let me say first and foremost, Grace, precious metals is a Christian organization led by Christian men who believe their faith should be reflected in the way they do business. I know a lot of companies that make that claim, but Grace, precious metals has taken some,

26:05I would say, pretty concrete steps to back it up, which is why it is my joy to bring on as my guest, Bill Armour, the co-founder and CEO of Grace, precious metals. Bill, welcome, forgive that. Ponder is introduction, but I actually think it's very important because I want my audience to know how seriously I take this kind of thing. Yeah, absolutely. Thanks so much for having me on and it's a pleasure to partner because, as you said, I know that integrity does matter to you and it's so hard in an industry. A lot of people don't know. Metals oftentimes, people are coming to metals for the first time. They don't have a tremendous amount of experience in purchasing precious metals. They're at sort of a disadvantage and companies know that and companies for a long time, precious metals companies, have prayed on that and take an advantage of that knowledge gap. One of the things that's really different about us is we try to eliminate all of these areas of disproportionate opaqueness here and make sure that people understand exactly what they're

27:08paying, what they're getting, how much do metals need to appreciate for their sort of in the green? What does a buyback look like? All of these different things that metals companies gloss over and they do that intentionally because again, they want to get people across the finish line here, whether it's in their best interest or not, and ideally, here without the client really ever knowing how much they've paid or how much they're going to get back for those metals. We take that a step further here in the way that we have transformed the industries, we publish everything. There's no questions. No client is ever, they don't even have to call us. The client doesn't have to call us to figure out what is it going to cost me to get this done? What am I going to get for my buyback on my metals if everyone wants to sell them down the road? All of these things are published and not just published but put in writing. This isn't just a claim that someone comes out and says, we have the best buyback in the industry. We'll show you exactly what our buyback is. We'll show you exactly what the cost of the metals is. People are free to make informed consumer decisions. Go out, compare that to any other vendor they want.

28:10The thing that we're confident in is that they will come back and say, wow, that really is the best available offer. For a long time, these commission sales people whose jobs has been to drive people, build a fictitious relationship with people and get them across the finish line. This is the first time I would say in the industry ever that we're letting the consumer give them all of the tools here and letting them make the best decision. This is a big deal. This is why I opened up with my heavy handed comments because I think, I mean, listen, we have to be honest. There are certain things that are standard practice. That's one way I'm saying everybody does it. This is just, you know, in the precious metals world, this is how everybody does what they do. But some of us have a higher standard and we really believe that, well, it's nice that everybody does it but we don't have to do it that way. Is it possible not to do it that way? You take that really seriously. And so specifically, Grace Precious Metals publishes your precious metal spreads directly

29:19on the website so that people can see what they're making instead of having to call a salesperson just to find out. You focus exclusively on bullion, golden silver purchased for the actual metal content, not high markup coins where you're paying a huge premium for the picture stamped on the outside. So I say that upfront, and I didn't say that people can go to Metaxismetals.com. That's the website, Metaxismetals.com. But before we get into the more of the details on the economy and markets, I wanted my audience to get to know you because again, to me, that's at the heart of this whole thing. It's about the relationship with somebody, you know, whom I want my audience to know they can trust and that we kind of put our reputations on the line. We take this very seriously. So where, first of all, where are you? Where do you come from? How do you end up doing what you're doing? Yeah, absolutely. So originally from Arizona to San Arizona, I have a twin brother actually who's one of

30:22the co-founders with me. I actually went into, I went to school while I was in the Army for a year. I got out, went to school for vocational ministry. And eventually just didn't feel like my calling was vocational ministry. And wanted to do ministry in some way or another. So I went into finance and was serving people in that way. And eventually made my way into the precious metals sphere. Largely on a belief that I think biblical finance is centered on transparency, on just weights and measures. And I think that you see that a lot less in the broader, shall we say, economic system that exists the Wall Street system. You see a lot more in things like Goldensilver because, or at least you should, by virtue of metals is what it is. It can't be tampered with, can't make more of it. I think there's almost an originality to it, and a sacredness to it that I think allows metals to be a really trustworthy piece of investment of a portfolio.

31:22So I really was drawn to that and see how the benefits here, the debatement of the dollar, so moved into the precious metals arena. And over my time in the precious metals arena, I became really fed up with, again, these strategies here that companies push. One of them you alluded to a moment ago, which is they try to sell people, what are called numismatics. And that's just a really fancy word for saying collectible coins. They may not even advertise them as collectible. They may call them private bullion or any sort of limited vintage and any number of different ways to basically say that what you're getting, the value is not just the metal, it's something beyond that. The problem, isn't it go back to this information sort of difference between the consumer and the metals company, is you have no idea, the average person has no idea if that stamped coin is in fact worth twice the metal content in it. And oftentimes it is not nearly worth that. But again, you don't have the information, you can't make an informed decision on that. And so you have to trust the person on the other end of the line.

32:26And the difference here is when we talk about bullion is we're saying this is worth, you can go online right now, you can type in gold price, you could go price.org as a number of places you could find this. And you can see exactly what the content of that metal is. And then you can compare that to exactly what you are being sold. So you'll never wonder, well, this actually worth more is worth less. You'll know exactly what your metals cost, what you can get for them on the open market. There's no information disadvantage. And I think that that's really key. And to add on to that, no investor, at least no one I've ever talked to actually wants to be a coin collector. They want metal for metals content. They don't want to say this is, this is almost funny to me because it's like what you're saying is what you see is what you get. It's like gold and silver. That's it. I mean, look, this reminds me a long time ago when I was a kid, you know, I was in collecting coins and stuff. And it was always kind of like with stamp collecting. You see like the blue book value or the, it says that, you know, you're whatever it is, you know, 1930 mercury dime in very fine condition is worth this.

33:32You know, you're looking to get, but if you try to sell it, you find out, no, you can't get that money for it. So there's this kind of hazy thing that's theoretically worth this. But I mean, you see it's a lot of industries, but when it comes to, you know, people, this is just, we're just talking about investment here, folks. When we're not talking about, if you want to collect coins, collect coins, but this is simple investment and to cloud it really with, you know, the world of, of numismatics and that there are collectors out there who want this and want that. It just introduces this whole other layer, which I think you have figured out. And as I've talked to you, I've figured it out that it's a, it's a way that people involved in this can kind of fool the customer a little bit because customers don't understand this stuff. And so it, in a way, what you're doing is you're just taking that completely off the table and you're saying, you know, we're not going to get into that. We're just going to deal with gold and silver with bullion. That's it. It's simple. Nobody has to guess because that's the actual worth of it.

34:35There's no debate. That's the actual worth. Yeah. Yeah. Yeah. You hit it exactly on the head there. Because I mean, really buying gold should not be as complicated as it is. It shouldn't take a PhD to buy gold. It should be, this is what gold is worth. This is what you pay. You know, this is what the dealer makes. And this is, you know, where, you know, this is where gold is headed. So really, I think that the idea that gold buying has been so complicated is just a tool. Just like, I mean, think about what buying a car was 20 years ago. Now there's so much information out there. People can kind of, you know, you can go on so many different sites and figure out what a car is really worth. You know, 20, 30 years ago, you had to just kind of rely that the guy at the dealership was not ripping you off. And that's where we really are today. You know, the gold industry is behind that. We're, you know, 20, 30 years probably behind where we should be. And I think that it will catch up. I truly believe that what we are doing will make a difference that people will not pay these exorbitant markups. Markups, so oftentimes these major metals companies, metals companies you'd see on Fox News or any of the major networks where they're charging

35:3630 or 40% spreads. So that's that that's to say that if you put $100,000 in there, there are companies that are taking 30 or 40,000 dollars of that and you're winding up with with less than half. You need gold to effectively double or silver to effectively double just to get even. And people across the country have no idea this is happening. And that's why this is so near and dear to my heart is there's people out there who will not be able to retire because of the actions of a few, what I would consider fraudulent actors. That's a big deal and it's heavy for me to talk about this because I see all those advertisements. And I guess I'm just glad that you exist that you take this seriously and you're willing to create a business model that says we're going to make we're going to make money the old fashioned way. We're going to do it clearly, transparently. And you know, I well, so the website I want to say if people want to if people go to

36:38mtexas medals.com, what do they find there? They're going to get a guide that's going to go over really the entire metals buying process, more of the specifics of what I talk about. So if you're ever going to buy metals, that guide I would say is instrumental in understanding what tactics, you know, whether you buy from us or any company, what tactics might a metals company use to disguise the price to overcharge you. It's going to give you a list of questions you can ask any dealer, including us, that will allow you to fully understand exactly what you're being charged. And I think that it gives you the tools I would say to be an informed buyer. That's the that's really what you're going to get in that guide. Obviously, you know, our stance, our spread, everything like that is in there. So again, you don't have to call us to figure out, you know, what our price is, that's all listed on our website and the guide, et cetera. But it'll give you the tools as well to find out what other people would charge also. I would like to think that what you're doing, which is brave and beautiful, is going to

37:39reshape the industry when people begin to figure out that the others are not doing this. Yeah. That's the hope. I mean, when I, you know, I had sort of a, as I began to see this happening, me and my brother, as we talked about this, we had this idea that I could leave this industry and wash my hands of it because I was so disgusted with it. And that's a perfectly viable thing. But doing that doesn't solve the issue that exists here. People are still going to every person that isn't aware of this is still going to be. And these are people that, you know, we genuinely think our good people, good conservative honest Christian people that are being taken advantage of. And so the better option, you know, in my estimation, is to provide an alternative and to use the system, you know, capitalism as a whole to create something that is a better alternative to what already exists. And because I do believe people, you know, and we can talk about the finance about this, but I do believe that metals are a tremendous investment that they are instrumental in protecting your wealth, especially given where we are in this country and in the time period we

38:42find ourselves, you know, economically. So I think they're really important. I think people need them. I just think that, you know, the, the facet by which people have been going about getting them has been so distorted and so ruined that we just need something, a wholesale change. Well, again, I'm grateful to you. It's funny. The other day I was just thinking about how God created gold and silver and they're intrinsically valuable. And I say intrinsically, in other words, when we get to heaven and we say the streets are paved with gold, you're not going to get to heaven and say, oh, the streets are paved with gold. Let me get some of that and trade it in for money. Like, no, no, no, the actual thing itself is beautiful. They're paved with gold because gold is beautiful and glorious and not because you can hack away a chunk of it in heaven and go cash it in and buy something with it. You don't need to buy anything. You have everything you want in heaven. It's just intrinsically beautiful created by God. It's kind of amazing. I didn't mean to get into that, but I was just thinking about the inherent beauty of

39:43it and how God created gold and silver. All right. So the website is mtaxismetals.com, but we have a few minutes maybe to get into the, I don't know if you want to talk about the jobs report from July or about inflation and the Fed or any of those kinds of things. Yeah. Absolutely. I'll speak maybe broadly to all of the above just so we don't take up too much time here, but a couple of things. The first piece I would mention is you just talked about the jobs report. I think that's incredibly important because it's one of the reasons you've seen markets go haywire here the last few days. And that is that the most recent jobs report was 80,000 jobs lost. The estimation, the assumption was that it was going to be a 20,000 job gain. So it's about 100,000 job differential, which may not sound like a tremendous amount. Maybe it does. Maybe it doesn't, but it's one of the biggest misses we've had in years. And it comes on the exact same day that we get a revision back on the previous two months of another 100,000 jobs. So effectively in one day, we find out that we have 200,000 jobs lost from expectation

40:47here, which is a big, a big change from where we thought we were. We were really, or at least I should say economists were looking at this saying, okay, well, the job market is strong. Yeah, inflation's still a little bit high, but the job market is strong. Now all of a sudden, you have to revise that thought process and say, wait a minute, people are losing jobs. And in fact, another statistic interesting is the active people looking for a job has decreased dramatically too. So there's not just our people losing jobs, but a lot of people are saying it's so hard to find a job right now that I'm not even going to try. I'm going to take unemployment, long-term unemployment. I'm going to retire. You know, many different things. So we're starting to see the labor market shrink dramatically, which if you keep that, that's one thing you keep in the backyard. Okay. So jobs aren't hiring, not great jobs. But then you tie that into the fact that inflation is still about three and a half percent. So almost double what the Fed target is. So you've got sky high inflation on one hand. You've got jobs shrinking. And it leaves the Fed in kind of a no-man's land.

41:48What do they do with that? Well, do we raise rates, do we lower rates? Both are bad options. The economy is in trouble, but inflation's out of control. The term people have probably have heard and will remember is stagflation. And that's where we are really kind of starting to cement ourselves right now. Stagflation basically means decade, could be decade or decades of not great growth in the market or bad growth or losses in the market, not great, not great increases to wages. So these are just things here that for the average consumer, that's really, really bad news. And it typically couples itself with potentially the bubble in the market popping. You've got sky high stock market valuations. I like to point to something called the Schiller ratio, which for those who don't know, it's a fancy way of saying how valuable are stocks relative to what they actually produce. So not just what people think they could be or this would have, but what do you actually do? What do you actually make in money? And we're at the second highest valuation in history behind only the dot com crash. So you start to look at these things.

42:49You say, okay, bad job growth. You say inflation's high. You say stocks are at all time highs. This isn't necessarily painting a picture that if I'm a retiree, if I'm 65 and I've got my money in a 401k, I'm not looking at that saying, yeah, I'm going to do just fine. I would be looking at that saying, wow, if I don't take some really prudent steps, I am in a position here where this could dramatically negatively impact my retirement. And I know I kind of threw a lot at the wall there, but I would just kind of hone in on the fact that people need to think critically about this kind of stuff. And I think you have to in a way we haven't had to in a long, long time. So what then can Americans do? What's your suggestion? I assume it's buying precious metals, but say more. Yeah, yeah. I would say absolutely. I think that, you know, one of the things I'll give an example here is you look at what's going on around us with the war in Iran. And historically speaking, we always see the same thing that this sort of trend here where

43:52oil goes up, the dollar gets a little weaker and metals maybe pull back a little bit. And then once that war ends, you see metals scoop up dramatically. And that's been through the 70s through just about every major Middle Eastern conflict for a variety of reasons. But what I would say to people is right now gold and silver are quite depressed relative to their what they probably should be valued at. Gold was over 5,000 here not too long ago. Silver was over 100, not too long ago. And so both of them have come down in response to this war, which again, very traditional here. It happens almost every time. So you're provided here. The average investors provided with a really great opportunity to get into metals at a discount. And that's something that here long term they can feel very confident about, but they can get it here at a little bit of a discount. So you know, I'm not saying move every single dollar you have into precious metal, but I'm saying that if you're not diversifying right now, if you're all in on the market or all in on these different financial products, I think that you're incredibly exposed. And that again, I'm not telling anyone to do anything necessarily, although I would,

44:56I'm saying that people should at least be having these conversations. And if you're not having these conversations, if you're bearing your head in the sand, then I think, you know, imagine if you're driving down the highway and you kept seeing signs that warning, you know, turn around, turn back now. It's like if you're, if you're not at least considering here, you know, what do those signs mean? What should I do with that information? Right. And I think you're driving towards your ruin. Well, Bill, armor with grace, precious metals, I feel really thrilled that we have he has a new sponsor for reasons that we've been talking about. And folks, you can go to metaxis metals.com, metaxis metals.com for more information. Bill, thank you. Thanks so much. Hey there, folks. Suzanne and I want to invite you to join us for something extraordinary. It is a Socrates in the city cruise on the Mediterranean August 24th through September 1st, 2027. That's a year from now. We'll spend eight glorious nights aboard the magnificent sea cloud spirit sailing under

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