The Arterburn Radio Transmission Podcast
The Arterburn Radio Transmission is a blend of cutting edge commentary, fused with guests who are the newsmakers and trailblazers of our time. Your host Tony Arterburn is a former Army paratrooper, entrepreneur, and historian. Tony brings his unique perspective to the issues facing our country, civilization, and planet.
The Arterburn Radio Transmission Podcast
#487 Unveiling Economic Chaos: Gold's Rise, Elite Agendas, & War Skepticism
What if the world is not as it seems? Join us as we peel back the layers of historical and current geopolitical dynamics, starting with the seminal anniversary of the Bolshevik Revolution and leading up to the tantalizing rise of gold prices, nearly reaching $2,700 an ounce. We explore the financial undercurrents that have shaped pivotal moments in history and contemplate what these mean for our present and future. Reflecting on events like the 2011 gold price peak and the strategic moves of Federal Reserve Chairman Ben Bernanke, we examine the intricate dance between monetary policy and market reactions. Through this lens, precious metals emerge as a beacon of value amidst the chaos of economic uncertainty.
As the global economic crisis unfolds, we scrutinize the role of influential figures and institutions, questioning whether elite agendas are steering us toward radical change. With debt ballooning to unprecedented levels and economic policies under the microscope, we speculate on the potential for bankruptcy and currency debasement. Delve into the theories suggesting intentional system overloads and consider if deregulation and tax incentives offer a path to stability. Yet, the persistent hum of currency printers raises questions about the future of precious metals and the intentionality behind these economic maneuvers.
We conclude with a sobering look at the economic challenges faced in the lead-up to elections, examining their impact on the American spirit of entrepreneurship and financial freedom. As interest rates fluctuate and unemployment claims climb, the viability of the American dream is called into question, especially for younger generations grappling with inflated costs. We explore the cascading effects of economic instability on regional banks, manufacturing, and the potential collapse of the middle class, urging listeners to remain vigilant about the motivations driving modern corporate actions. The episode wraps up with a thought-provoking discussion on war skepticism, urging a critical examination of the motivations behind military actions and their broader societal costs.
We have before us the opportunity to forge, for ourselves and for future generations, a new world order. Good evening folks. You're listening to the hour of the time. I'm William Cooper. The chair is against the wall. The chair is against the wall. The chair is against the wall. John has a long mustache. John has a long mustache. It's 12 o'clock, americans, another day closer to victory. And for all of you out there, on or behind the lines, this is your song. I'm weathered, highway, highway, veteran of three foreign wars and warrior, poet, tony arbor, and takes on the issues facing our country, civilization and planet. This is the arbor radio transmission, so so.
Speaker 2:What rough beast its hour come round at last. Slouches towards Bethlehem to be born. Our come round at last. Slouches towards Bethlehem to be born. Transmitting worldwide from the Arterburn Gold studios. This is the Arterburn Radio Transmission. I am your host, tony Arterburn, broadcasting in defiance of globalist goblins, the neocons and the new world order, along with my co-pilot and co-host, beans the Brave, who's just off camera. She's going to protect us from bad vibes, woodland creatures, intruders, you name it, anything that would disrupt the broadcast. So I'm proud to have Beans the Brave here with us.
Speaker 2:It is the 17th of October 2024. Isn't that the anniversary of the Red October? That's the revolution that took place, the Bolshevik Revolution 1917. A lot of people don't realize the timeline of that. That's an interesting history. You had to have the donations and all the gold and all the setup and the financing from the banksters to make the communist revolution possible. You probably don't realize, but it was, uh, the czar abdicated in in March of 1917. And then the Bolshevik revolution wasn't until, uh, october of 1917. It took some time. You had to have. Leon Trotsky was a newspaper reporter in New York and he had to be loaded down with gold from the Warburgs and the Rothschilds and given a green light from Woodrow Wilson to get over there and start the revolution. And, of course, the sealed train car with linen, sealed with gold, from Germany. And they loosed Vladimir Lenin into Russia along with some other cohorts to kick off the revolution once the czar had lost some power there. So a little bit of lessons of history as we open up the show. Yeah, history is happening all around us. Ladies and gentlemen, what a time to be alive.
Speaker 2:I was talking to David Knight this morning and I just realized, you know I've on a long timeline, you know I'm I'm a little bit, way more bullish, uh, way more certain of change than most analysts. Um, but on a short timeline I've been proven a bit timid and, uh, that's not usual for me. It's because of all the ancillary issues that surround what drives the changes in currency and pricing and economics. I'm watching a few different things, but now it's just all the things happening at once, everything happening at once, altogether right, that's what you're seeing with the price of gold right now. I want to talk a little bit about it as we open up the because this is parapolitics and precious metals, as we open up the show, when you look at the price of gold. What are you actually seeing? By the way, I'll give you just a historical example. Everything that we're seeing is accelerating. It's happening faster and faster as the change becomes more apparent, and that's why I want you to pay attention, because even me, like when I'm in the wheelhouse of this, studying it every single day, I still get surprised. So you look at the price of gold it's nearly $2,700 an ounce.
Speaker 2:Gold hit its all-time high while I was on air with David. Again it hit its all-time high this morning. Now, in context, what does that mean? It means that something is drastically changed in the setup of geopolitics, the monetary system, the way that finance works. You've got to pay attention to that because that drives everything else. That starts there, and then that term from the Reagan era with Art Laffer and the Lafferve you get trickle-down economics. When you get trickle-down, everything comes from the financial system and trickles down into what we perceive as reality, where it's social or economic or whatever, or political. So you go back and you look at this and the reason I'm bringing this up and why it's so important, it's not that I'm a cheerleader for gold or anything like that. I love precious metals. I love them because of what they offer for protection and their representations of value, because we all have to work. But there's something going on here. You look at the all-time high. Now what does that mean? The ATH, the all-time high.
Speaker 2:Well, I'll give you an example 2011, gold hit almost $2,000 an ounce. I remember this very well because I had to sell some gold to pay for a fuel invoice. I was running a small convenience store operation in North Texas and I needed to pay a fuel invoice. I needed those Krugerrands. So, anyway, that was my first time ever selling. It was hit its all-time high. It was $1,900 and some change. It was nearly $2,000. And that was a huge thing. It was all over the news. Gold was, you know, and silver was close to $50 an ounce. It was really pushing. And then Ben Bernanke, head of the Federal Reserve, came out and said well, we understand what's driving the metals price, because people are uncertain about monetary policy from the Fed. We had to bail out these banks that were too big to fail. We won't do that again. He calmed the market. Gold went down, silver went down and just started this like you know, it was very much a bearish time for precious metals.
Speaker 2:People went back in the markets. They trusted Ben Bernanke, they trusted the Fed. Some of us didn't, some of us went. Well, that can't work, because you have fiat currency and, by definition, it's all fake, so we're not buying that. You're able to control any outcome other than temporary, so it's transitory, to use their term. So that's 2011. So I want to walk you through the timeline. So from 2011,. Gold kind of goes up and down and does its thing, never breaching anywhere near the all-time high of 2011 of coming up to, uh, to the night and high 1900s in 2000. So that stayed.
Speaker 2:And when I started wise wolf, I think, gold was the $1,400 an ounce, um something, and it's dipped. You know it would go to $1,200 and some odd, especially in the run-up to COVID-1984. So there was this just malaise, just nothing. It happened. So 2011 to 2020, and I was live on air, I was about to interview Gerald Salente, I was hosting for David Knight on InfoWars in Austin, august 6th 2020, it broke its next all-time high, it crossed over into 2030 and some change Okay, now it didn't do anything. That was 2011 to 2020. It didn't do anything again from 2020 to 2022, and then stagnant again. It's broken its all-time high 30 times. No, that's not right, it's 32 times. It was 30 yesterday and it happened this morning, and it happened while I was in the air with David.
Speaker 2:So what does that mean? Well, everything's accelerating because de-dollarization is running faster than anybody thought possible. There is nothing in the systemrodollar. No one in this government, no one in the United States government, no policymakers stopped this from happening or tried to stop it, which is a huge tell. There's something wrong there. They didn't stop the loss of the petrodollar. 50-year agreement with the Saudis started in 1974. It just can let it lapse. So 80% of all the energy transactions that are converted from currency to energy are used in dollars right now. Well, that's going away, and the Saudis, who just joined BRICS, are in direct talks with the Chinese. The Russians are backing this move for the Petro-Yuan.
Speaker 2:I want to remind you too, there was this meeting between Xi Jinping and Vladimir Putin about 18 months ago, and they said they had this interchange and they made sure that the cameras were rolling and they both agreed that they were going to see them. They will be part, an integral part, of the most change that was going to happen in the last hundred years. Those two world leaders, they're watching the decline of the hegemon, the strength of standing for the US. They put us on this war footing. They have weaponized the dollar, they're accelerating de-dollarization, and that should be an open question for you. Is this stupidity or are they doing it on purpose? See, I'm always leaning towards the on-purpose way.
Speaker 2:History is not a series of accidents, ladies and gents. I mean the court historians will have you believe that, that everything's just an accident and everybody blunders, and all of a sudden there's a dictator and there's a war and we have to fight for freedom and all that. That's not how things work. There's plans, there's policy, there's self-preservation. And when you have a small cabal, I have a small cabal, I have a small cabal. When you have a small group of people and I'm talking very small, there's supposedly the 13 families or a committee of 300, whatever you want to call them there's a small group of people that are pushing an agenda and you have to source it back.
Speaker 2:And so Klaus Schwab said it best from the World Economic Forum. Oh, klaus, he really said it best. He said that the World Economic Forum had penetrated the cabinets of Western countries. They give you people like Castro's son. They give you Justin Trudeau. They give you a lot of our congressmen and senators here in the United States of America and cabinet members and a lot of people in the State Department and other policymakers. They penetrated the cabinets, and that's true. So a lot of policy in the State Department and other policymakers. They penetrated the cabinets and that's true. So a lot of policy is being carried out.
Speaker 2:This change that I'm asking you to pay attention to. It will affect you, no matter what, because it's all the dollars that have been created since 1944 for us to prop up the world's reserve currency and run that system. Those dollars are going to come home and when those dollars come home, they will cause more inflation, perhaps hyperinflation. The policymakers know that and it makes me wonder are they just running a Cloward and Piven operation? Is this just international Cloward and Piven worldwide? Maybe it is. Maybe it's worldwide Cloward and piven operation. Is this just international cloward and piven worldwide? Maybe it is, maybe it's worldwide cloward and piven.
Speaker 2:You do you guys know about the cloward and the economists from the university of chicago, I believe 1960s. I think they were husband and wife and they were extreme marxist socialists believed, you know, wholeheartedly in the Communist Manifesto and other things, and they thought well, how do we get all these social changes that we want to see take place, the radical social change, and that the Cloward and Piven strategy is to destroy the system by overloading it. So if the more people you put on the dole, the more people you put on the welfare rolls, the more people that you can encourage not to produce and other things or just to flood the system and create a dependency nation, it bankrupts the system. It would cause the need, the requirement, to completely replace it with a socialistic system. That's what Cloward and Piven is it's creative destruction. So if you look at what's happening worldwide, that's a good question. Is everything just Cloward and Piven at this point?
Speaker 2:There was a report that I read this morning that the International Monetary Fund, the IMF, the good old Robert McNamara, headed the IMF for a little while After he ran the Vietnam War into the ground. Mcnamara ran the IMF for a little while after he ran the Vietnam War into the ground. Mcnamara ran the IMF Pretty sure. I think he was on the board of American Express too, and so was Kissinger, but that's beside the point. The IMF comes out of 1944. It comes out of Breton Woods is one of the things that was set up for the new economic world order at the time new economic world order at the time.
Speaker 2:Well, they just came out with a report and said that global gross domestic product and debt coupled together the debt worldwide for governments it's going to be 115% of global GDP. So the debt will now exceed the entire globe. If you add up all the assets and all the production and all the gross domestic product, it's 115% of debt to GDP. That's called bankruptcy. If you or I do that. There's an old Texas expression I learned from my dad, from real entrepreneurs who actually can fail, not people like I see on Wall Street today, but real entrepreneurs. It's called you go kiss the pig. Sometimes you got to go kiss the pig and that's when you fail. That's when you have to go file bankruptcy and that's worldwide. Now you'll have some sovereign defaults.
Speaker 2:They will I mean most of these governments, these petty potentates and principalities will try to print their way out of the disaster. It will work for a little while, but then it's still. You run into the problem because you've debased your currency. That's the only trick they have. You know you're not seeing these guys like here in the U? S.
Speaker 2:If you wanted to regrow the economy, you'd have to deregulate and you'd have to offer incentives. There'd have to be a strategic you know plan. There had to be something put into place to attract corporations, have no corporate income tax, make tax-free zones in these old Rust Belt areas so you could build things again. They're not going to do any of that. What they're going to do is they're going to continue to print currency. So if that's the case and we know that that's the case and they're going to print it, they're going to create more currency.
Speaker 2:Then when I'm telling you about the precious metals price, it's an inversion. What you're watching is you're watching the decline of currency in real time. Gold's not going up in value. It's so funny. I'm just a paratrooper who likes books. How do I know this stuff?
Speaker 2:I'm watching these financial networks and they is a lot of grifting. They lowered interest rates by 50 basis points here right before the election. Is anybody surprised by that? By the way, is anybody surprised that they goosed the economy right before the election? It's the only thing that's keeping Kamala Harris even somewhat alive in the polls. That's the only, because it's like well, I mean, the economy is doing okay. There should be no surprise there. The ruling class has obviously voted. That's their vote. They lowered the interest rate. There was no need to do that, by the way, and what that is.
Speaker 2:When you see these networks and other people in the financials, they want to act like they're really smart. They're just so sophisticated, but really all it is is they're telling you to love inflation. What is the lowering of interest rates? It's inflation. Folks, they're going to go and create new currency. There's new liquidity hits the markets, new currency units. It's inflation and that's driving a lot of these prices right now.
Speaker 2:But gold is something unto itself at this point. It's a good indicator. It's the canary in the coal mine. It's the tell. It's like something is afoot. That's why I bring it up. Open the show with it.
Speaker 2:This history is happening right now and I was thinking of william butler yates and the poem the second coming. This morning, as I was, uh, getting ready for the david knight show, I thought I'd open up the show with it. There's some, there's some great life. He wrote this right before the outbreak of world war one. It must have seemed uh, apocalyptic, kind of like. Now the falcon cannot hear the falconer, things fall apart. The sinner cannot hold the best, lack all conviction, while the worst are full of passionate intensity. Yeah, yeah, I love that line. What rough beast. It's hour come round. At last slouches towards Bethlehem to be born. Yeah, try putting that in a tweet today.
Speaker 2:All right, let's jump into some articles and again, thank everybody for being. I had some trouble with Rockfin this morning. I will correct that. I'll put the show up later. I'll load the video up to Rockfin, but I'm streaming live on the America Unplugged channel, on Rumble and on my Twitter or X or whatever it is now at Tony Arterburn. You can find me there as well as, for now, on my Facebook if you want to go friend me on Facebook.
Speaker 2:And we've got a new website, arterburngold. I put that together over. I told you I would. I've been saying that for a long time. I finally put it together, arterburngold, and I'm working on the specifics. We're going to put a store up there, but please go sign up for the newsletter and tell me what you think. I have a logo for the website. It's just something I thought was creative. I wanted to do something different. So go check out Arterburngold and I'm just going to do the Arterburn Gold studios, I think here in Branson, all right.
Speaker 2:I saw this article up on Zero Hedge. I thought this was appropriate to share on the transmission today. This is 10 signs that the economy is a giant mess. That's the election approaches. Yeah, I'm not cheerleading this economy, just to be on the safe side. This is Michael Snyder Economic Collapse blog. That's some good points in here. He says the health of the economy has been a major determining factor in many presidential elections and the health of the economy is certainly going to have an enormous influence on the outcome of the upcoming presidential election. In fact, according to a poll that was just released by Rasmussenussen, the economy is the number one issue, by a wide margin, for voters in the ultra important swing state of pennsylvania.
Speaker 2:Man, it's weird that uh, pennsylvania is a strange state. They gave you john federman, which I you know. I mean, if you really put it up like Dr Oz versus Fetterman, I mean I guess I kind of understand. I mean I don't like either one of them. But there's something interesting about Pennsylvania.
Speaker 2:It says unfortunately for the Democrats, most Americans are not pleased with how the economy is performing and it appears that conditions are now taking another turn for the worse. Well, I mentioned earlier too there's no coincidence here that they cut the interest rates 50 basis points. Drone pile to Fed. Everybody watches the Fed with bated breath. What's the Fed going to do? And they cut it right before the election and just enough time for it to kick in. By the way, this will run out like this little blip that they did the lowering of interest rates to boost liquidity. This will run out about the time that people start voting. I mean, it's really that short-lived, okay, folks says.
Speaker 2:The following are 10 signs that the economy is a giant mess as the election approaches. Number one the number of americans filing first-time claims for unemployment benefits just hit the highest level in over a year. The number of people filing for unemployment for unemployment benefits just hit the highest level in over a year. The number of people filing for unemployment for the first time was the highest in more than a year, partly due to storm damage and labor stoppages. Initial jobless claims for the week ending October 5th came in at 258,000, up 33,000 from last week's level of 225. 8,000 up 33,000 from last week's level of 225.
Speaker 2:Oh yeah, I mean the, the storms and the economic. It's such a fragile thing and they we're still reeling from. You're not essential. The supply lines that were cut, the, the hundreds of what is a hundred thousand or so small businesses at least were shuttered in 2020, 2021. I mean the cascading effect of that. It's still reverberating. We're running off a float. The fundamentals aren't there. This is all a parlor trick. This is magic and sleight of hand that we made it this far.
Speaker 2:Number two according to Primerica's latest financial security monitor report. Number two according to Primerica's latest financial security monitor report, the percentage of middle-income households that rate their personal financial situation negatively has hit the highest level that's ever been recorded. Primerica's latest financial security report, third quarter, found 55% of middle-income households now rate their personal financial situation negatively, a six-point jump from the previous survey. Well, yeah, how can you get ahead in an era of inflation? How are you going to do that? It's impossible. You work harder and harder for less and less. You work more hours for less and less. It's diminishing returns. Do you realize? Like and we'll get to it here in a minute, now, this is the next rule up here and people think oh well, you know how much does it take to retire, how much do you need? Well, you're going off old metrics. You know it's like it's like austin powers with dr evil. He's like one million dollars, like it's not any money. You know, it's like a million dollars. That's wonderful, um, looks good on paper. You can say I'm a millionaire or whatever. Uh, won't get you much, just won't not, not, not if you're in business and have payroll and other things. I mean it's not going to retire you, it's not going to go that far. Number three is I'm old enough to remember a time in this country when you were set for life if you had a million dollars.
Speaker 2:Unfortunately, thanks to our endless cost of living crisis, it now costs $4.4 million to live the American dream over the course of a lifetime. You can live the American dream, but it will cost you. The lifetime tab for such aspirations is owning a home, driving new cars, raising kids and taking annual vacations. It comes to a cool $4.4 million. It's funny. They wonder why the younger generation is just tapping out and is not interested. And that's a blanket statement, because I see a lot of young entrepreneurs, but there's a spirit and I think of the younger entrepreneurs. It's not so much about making a certain amount, it's about the freedom of it, and I appreciate it. I think the younger entrepreneurs are getting a lot of it, but there's a whole swath of young people that are just tapped out. They don't want to do this anymore. They can't get ahead. Inflation is in your home. Inflation is like you go to the car dealership.
Speaker 2:I remember my 99 Dodge Ram Beautiful truck. I still got it. You don't even want to the stories of that truck, the stories Beautiful truck, I still got it. You don't even want to the stories of that truck, the stories of that truck. I've still got my brand new showroom floor 1999.
Speaker 2:I was 19 years old and I was going in the military and I told my dad I said hey, if you'll, you know, help me get this truck Co-sign, I'll pay the tax, title and license. I think it was like $3,500. I'll pay for it because I'm going in the military. Everything off the lot, four-wheel drive, v8, great truck. It was a sweet machine 1999. $26,000. Can you imagine that same truck today is, you know, 60,000. That's crazy, you know. And uh, and that's probably a minimum. It's amazing. Uh, just the everything's built. You can see the cost.
Speaker 2:And then if you're, if you grew up in an era of kind of stable economics which we did if you're a kid of the eighties and nineties, then you were growing, you're like, oh well things, you know it's a dollar, does this? And you know you had dollar stores and dollar tree and all this other stuff and 99 cent stores and it would go along. We'll still go a long way, but that's cause those days are done. That's what's happening, that's what the financial networks. They're never going to talk to you about this. They don't want to talk to you about inflation. You're supposed to. Just you know it can be tamed. No, it cannot. You cannot tame inflation with a fake currency. You can't do it. And the dollar is not real. The dollar is a fiat currency.
Speaker 2:Read your history. They go does, everyone goes to zero. And you can have all these fancy modern monetary theory, economists and acting very erudite and very sophisticated. And I'm I'm a devotee of john maynard canes and he said gold was a barbarous relic. Well, I don't care what john said, I know history. It doesn't bode well. Go look at john law's experiment in the mississippi company, the for the French government in the late 1700s or the mid 1700s. How'd?
Speaker 1:that work out.
Speaker 2:How'd that experiment go? What's the latest from the Soviet ruble? I mean, all these fiat currencies they go to zero. I mean I could just sit here and list them all day. But that's what's wrong inherently with the system, folks. That's why you can't get ahead, because you're running a rigged game. You got to look at what the super wealthy are doing and they're not hoarding cash. Some of them put themselves in cash positions, but it's only temporarily. You look at Warren Buffett selling a mass like $'s a 10 billion dollars worth of Bank of America stock. He's just selling that, putting it in cash, and he's going to go and jump on stuff when things get further down, like when there's blood in the streets.
Speaker 2:Economically, didn't Trump get in trouble for using that that's a Rothschild's phrase, by the way when you should buy? Number four, the company that produces more french fries than anyone else in North America is cutting production and laying workers off due to due to a dramatic slowdown in customer demand, lamb Weston, the largest producer of French fries in North America and major supplier to fast food chains, restaurants and grocery stores, is closing a production plant in Washington state. The company announced last week that it would lay off nearly 400 employees. Well, that's an interesting metric. When fast food is down, because that's usually along with liquor, it's usually an economic safe haven. In a downturn because people will go eat cheaper food and they'll drink more. That's just a sad reality of when things are not going well economic safe haven in a downturn because people will go eat cheaper food and they'll drink more. That's just a sad reality of when things are not going well. So that's a tell. That's something to watch. I didn't know that until I read this. I mean, I went over the article this morning but I didn't know that it even touched the fast food sector. So that's something a little alarming. Number five at one time Boeing was flying high, but it now has decided to lay off approximately 10% of its entire workforce. The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff over the coming months. Yeah, there has been dealing with a strike by 33,000 hourly workers for half his time on the job. This latest CEO has been dealing with the strike from employees. Well, they're just going to cut 10% of the workforce. Number six the banking industry continues to deeply struggle. So far this year, banks in the United states have permanently shut down over 700 local branches.
Speaker 2:What was it? Um, it wasn't dillinger, was it as maybe it was baby face nelson. Remember all the? They had some really interesting characters in the 30s, uh, during the great depression. You know bank robbers and they were. They were heroes to a lot of, uh, that pretty boy floyd. They go rob banks, uh, and then they go and you know, give it, give a lot of the money away to farmers and people so they could pay their, their debts back to the bank. Uh, they were like folk heroes and stuff. But they asked I think it was Babyface Nelson. He said why do you rob banks? And he said because that's where the money is. But maybe it's not, maybe the money's not there anymore. Banks are hard to run regardless.
Speaker 2:But when you start talking about and I think a lot of this is just a controlled demolition, I mean, let's be honest, and I know a thing or two about the banking industry from my family and like growing up in the 80s in Texas and I watched what they did to Texas banking. We should do a show on that. I should get my old man I don't. He hates talking about it. It was, I mean, really bad time in his life. I mean, he started a bank in his late twenties, built it from the ground up and, uh, this is before there was, there was no Wells Fargo in Texas. There was no JP Morgan. There was none of these. Net they could, under the charter of the constitution of Texas, you couldn't have these banks. Well, they federal government uh, surprise, surprise, uh, the federal government and uh, those in power started putting a lot of pressure on these small banks in Texas to try to get them to break. And they did that so they could say, look, we need to come in there and you need these national branches.
Speaker 2:So I watched this as a kid and I didn't really know what was going on. But I know that, I know it now. I know it in hindsight and I remember it. It's deeply ingrained in me and I see how these megacorporations, these banking consortiums and combines, I know how they work and they try to destroy anything regional, anything independent, anything that serves people, because they want you to be inside of a digital pod Eating bugs for Greta in your digital pod. Um, eating eating bugs for greta and your digital pod? Um, they definitely hate uh choice. Um, even that's what that's their politics. They love the choice of politics right, so long as you're going to, uh, kill a baby, uh but they don't want any choice when it comes to banking. Um, and this is where you get the 700 branches closing.
Speaker 2:I think a lot of this when you look at the FTX, what happened with Sam Bankman Fried and how that spilled over into some of the Silicon Valley Bank and they killed Silvergate Bank. There was a stress test there. I think they were running a. I think they're just running a probe. This is where it's going to hit. It's going to hit the smaller regional banks. Bank of America closed the most locations of any bank, shuttering 132 between January and September. There's another reason Warren Buffett sold $10 billion for the stock. You'll see it. It will just be like you'll see the. The bleed will come from the regionals. It will start there and then the big banks will do their thing. They'll get bailed out and they'll buy, uh, the assets of the smaller banks. Number seven after 75 years, true value has been forced to file for bankruptcy and will be selling substantially all of its operations to a rival. True Value, a 75-year-old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations. Well, these are another consolidation. Who's the rival for True Value? Is it just Ace? That's the only thing I can think of that would be able to pick up something that large. But you think about it.
Speaker 2:Home improvement and the housing industry is really the back wall that holds the. It's the glue for this entire economy Since we went off the gold standard and stopped making things, the production. That's why they call it a rust belt. They send all the manufacturing over to places like china and mexico and you know these giddy republican congressmen that all voted for nafta, just trying to send those, just pushing those jobs faster as we can just get the jobs out of here. They love the, they love those free trade concepts. They they also like John Maynard Keynes. They like fiat currency too, but they made sure we didn't have anything to make anymore and have that rust belt get rusty. That's what NAFTA, the North American Free Trade Agreement, did, and the.
Speaker 2:World Trade Organization and all that stuff GATT, the General Agreement on Trade and Tariffs. I know a thing or two about trade and it's unfortunate because the that interchange Was it is Trump talking to? What outfit was the guy with? It was one of the think tanks. That was it Bloomberg, I think it was Bloomberg and Bloomberg's economic analyst and he was talking to him about the dangers of tariffs. And at least Trump was funny with that. He pushed back on it and I'm not really in agreeance with what is happening with the plan that Trump's calling for on tariffs, but I do think that tariffs work if used correctly.
Speaker 2:You have to have a bit of strategy. Of strategy can't be based off nation to nation. It needs to be based off of, uh, you know, whatever. The whatever is going to serve the american worker. What's ever going to make, make it more competitive for american companies? That's what it's supposed to be. It's not meant to be a punishment.
Speaker 2:Uh, number eight did you ever think that you would live to see the day when hundreds of 7-Eleven stores would be closing? Sadly, that's now arrived. Several hundred underperforming 7-Eleven locations across North America are closing. Seven and One Holdings. The Change Japan-based parent company revealed an earnings report Thursday that 444 locations of 7-Elevens are shutting down for a variety of issues, including slowing sales, declining traffic, inflationary pressures there you go and a decrease in cigarette purchases. Somebody who comes out of the convenience store business I know exactly well. There's a structure thing with 7-eleven too, but that's a tell, that's another thing. Goes along with the french fry store like convenience stores. You know there's a. I read a history of money some years ago and um it talked about the poor people.
Speaker 2:Uh, and that's. It's universal, whether it's the united states or whether it's india or wherever, it doesn't matter. Poor people and it's universal, whether it's the United States or whether it's India or wherever, it doesn't matter. Poor people lower economic scale will go day to day. They'll pay a little bit more. They don't buy in bulk, they don't do that. They don't really go to Costco Now, some do, but I'm saying on a general rule, like your urban areas and things like that lower economic, they go to places like 7-Eleven, they go to convenience stores. They spend a little bit more, but they spend every day. They pay a little bit more and they don't stock up. They go day-to-day earnings-to-earnings, hand-to-mouth kind of thing. If you're watching the decline of fast food and you're watching the decline of things like 7-Eleven, these are also tells right.
Speaker 2:Anytime you hear some, some analysts talking about how great the was it Robert Reich or one of these people that worked for Clinton is talking about how great the economy is Are you losing your mind? You fundamentally can't have a healthy economy if there's no production. You have to make things and we have slowly, and well slowly then suddenly started just gutting everything that we've made what made us great in the first place. Number nine Home Depot apparently believes that rough times are ahead because they are dumping millions of square feet of warehouse space. Home Depot is hastily exiting warehouse space to the tune of 3.2 million square feet in a month, according to BizNow. Since late August, home Depot has put up nearly 4 million square feet of warehouse space for sublease. So true value, home Depot. You understand. These things go together Because the housing when we went off the gold standard, we had to find something, and it's the American dream.
Speaker 2:It's housing. Every time you purchase a house, that's currency creation. It drives the market. There's new liquidity, hits the system. That's why housing prices are insane. That's why younger people are starting to give up on owning a home because it's like you got to have.
Speaker 2:I mean it's, it's a, it's a stupid price, because it's inflation. All that inflation had to go somewhere. Right, it's not in a vacuum, it's in your house. It's showing them the price of housing. So how do you denominate that?
Speaker 2:Well, the issue here is that when you see a decline in the housing market less construction, less things going on, less improvements you can become a renter society. Well, these places start to have less and less sales. Does that make sense to you? And then you see and not by accident, by the way you see Vanguard and BlackRock, and they're buying up all this residential housing. Why do you think they're doing that? Well, one you can't. It's harder and harder for the average person to go and buy a home, but they want to create a nation of renters. You will own nothing and you will be happy.
Speaker 2:So said the World Economic Forum. The World Economic Forum, blackrock, vanguard, multinational corporations, the ruling set. I'm repeating myself over and over. These are the same people. Just pay attention to what they say, pay attention to what they say and then watch what they do. They're not following the same plan that you and I are. They have their own agenda. They don't drink their own, they don't take their own medicine, they're not high on their own supply. I promise you that. Number 10,.
Speaker 2:At this point, things are so bad that even Disney is laying off workers. According to sources cited by Deadline, disney is pushing ahead with new layoffs as part of a broader cost savings initiative. About 300 employees across Disney's corporate divisions will be impacted. This week, do you guys remember? I covered a story and I think it just got lost in the shuffle over the years. Um, but sometime ago, disney in sourced not outsourced it. In sourced people from India to take over jobs of people that were here in the U? S and they made the people that were going to be replaced by these new workers to train them. So you know, a corporation's with a heart. These corporations don't even make sense to me anymore. And you used to say, well, it's all about the profit. I'm not so sure anymore, does that? What does that even mean in a day, in the days of going woke and going broke and all these things? I mean, look at the disney. I mean it's having to lay people off, but it's still around. Didn't go broke, it's just, uh, not not a company that cares about its people.
Speaker 2:Last part of the article here Michael Schneider's economic collapse blog. Our society is getting crazier with each passing day and I'm deeply concerned about where all this is heading. Sadly, the tough economic times that we are experiencing now are not even worth comparing to the pain that is coming if we don't turn things around. Our system is literally crumbling right before our eyes and, unless something dramatic happens, economic conditions in this country will soon become extremely harsh. Well, unfortunately I agree with him and for all the reasons I've already pointed out and it'll have a cascading effect, a domino effect, if you will, where you have some bank stress, bank failure, store closings, less jobs right, and then the jobs that are produced, they're not going to pay anything. So you literally end up with a coast-to-coast bankruptcy of most of the middle class. That's what it would look like, and I'm not saying everybody, but this would be. The middle class have been suffering in this country by design since 1973. They were put on the chopping block.
Speaker 2:You can go back and look at the timeline I do this all the time, but do it yourself. 1971, two things happen Nixon takes us off the gold standard and the world economic forum is born. 1972, they opened China, china being a, you know, a backwater. At the time it had nuclear weapons, but it was not the economic powerhouse that it is today. In 1973, the Trilateral Commission was born.
Speaker 2:This is Zygmunt Brzezinski, the Rockefellers creating the globalist conditions. They used the term in-run-around sovereignty and they wanted to transmit or transmute, however you want to put it, sovereignty, and they wanted to transmit or transmute, however you want to put it, the power and socioeconomic wealth of the West to Asia to do a pivot, and they did that. In 1974, the United States ran its last trade surplus. We've never ran a trade surplus again. That was our heritage. It was also 74 is the year that gerald ford made it legal for you to own gold.
Speaker 2:I think they're all anticipating this. Um, because we're in an experiment. Fiat currency is an experiment. This is called modern monetary theory, not, not. It. It's not modern monetary law, it's theory. It's theorized, and they showed us what their projections were and they were wrong. So I mean, look at the economic conditions. We wouldn't have these conditions. I will continue to point out if you had a stable currency and that currency backed by something that was trusted by the rest of the world, that we could all decide on what value was.
Speaker 2:Whenever something's free-floating like this, it's very volatile. The rest of the world knows that. They're dumping it. They're dumping the dollar. They're buying precious metals. Last week I announced that russia was going and putting silver in their strategic reserves as well. This is a huge move. This is not like sovereign country, like sovereign wealth funds holding silver. It's a major development. So I'm in greens with michael snyder andder and pray things get better. Maybe there's a change on the horizon. Collectively, we all start making better policy decisions, but until then, be your own bank and understand that the order of the day is change, not stasis.
Speaker 2:Ladies and gents, I was looking at the comments. Is that right? I had 96 comments. Do we have a lot of back and forth on my chat on my Twitter? Good to see I see Jason Barker, martin Thorns in the chat, john Henry 3777. Good to see all you guys. I appreciate you being here.
Speaker 2:I didn't get to the chat today, but I see the great guard Goldsmith. I need to go and get on his program, liberty Conspiracy. We need to talk about what's going on here. The same. This conversation needs to continue. I just you know I gotta bounce stuff off guard because, uh, he's smarter than I am. He's the hardest working and one of the hardest working him and charlie robinson should do a con. We should do a contest. See who's the hardest working man in alternative media. Uh, go and follow uh, guard goldsmith. Yeah, I see some people asking about the rock fin that it's an issue on Rockfin and I'll have the show loaded up. That is something I noticed as well. That shouldn't happen again. I'll fix it. But I appreciate all of you being here today.
Speaker 2:Let me take this one down and we got. Let's see, just a few minutes left before I get you guys out of here. Let me see how do few minutes left before I get you guys out of here. Let me see how do I want to end the show. There's a survey out. This is natural news. I'm trying to end on a positive note. It's really hard when you're doing actual analysis. Maybe I should have picked a Babylon Bee article, but no, let's just look directly into the abyss. Ladies and gentlemen, let's just do it together. Let's stare right at it. Let me put this up. This is natural news 80% A poll recently.
Speaker 2:Natural news 80% of Americans are concerned about World War III. This is by Richard Brown brown over on natural news. Eight and ten americans are concerned about the prospect of world war iii breaking out, according to a survey conducted by talker research. The survey conducted on october 1st and 2nd polled 1,000 Americans across various political affiliations. 84% of Republicans and 83% of third-party voters expressed concern over a potential world war, while only 74% of Democrats had the same concerns. Well, that's interesting. Democrats don't have concerns about the world war and they're the most adamant I've never seen anything like. I mean, the only time that you can find the uh, a comparison in history with the way that the democrats are about war is the jacobins.
Speaker 2:And like the bolshevik revolution, it's that there's a spirit in that. Like you go back and look at the french revolution and the, the terror, the, the reign of terror, with all the guillotining and the murder and all that stuff, they were just adamant it was a revolution. They destroyed the churches, they took over, they destroyed all the religious icons. Gosh, they moved. They even took philosophers out of their tombs and moved, I think Descartes and Rousseau. They reburied people. There was a spirit about it.
Speaker 2:Now they tried to make it out like they were having the Church of Reason and all this stuff and they were supplanting. The Ancien Résime is what they called it. They were going to get rid of kings and priests. They were going to get rid of kings and priests. What was it? Diderot said that man will not be free until the last king is strangled with the entrails of the last priest. That's what their mentality was.
Speaker 2:Well, it's funny. You fast forward to 2024. You're supposed to have this kind, inclusive and we're all welcoming, we're all one human family, but bomb them. That's the left. I mean they. They get so animated about ukraine and russia and any war, I mean they just get behind it. I mean you just watch that. Watch that pro-left uh ideology roll. Um, so that's a. That's something that's happened over my lifetime. That is pretty amazing. All right, well, uh can't, I don't have time to finish the complete article, but you get it.
Speaker 2:I think a lot of people are concerned with the prospects of of war, and you should be. You should be concerned. There is uh ample evidence to show that that's what the ruling overlords want. They want to put us in that position. It will cover up their mistakes. War is the health of the state. That's why, as a Christian, as a conservative, as a constitutionalist, as a human being, you should always be skeptical of wars, because it's the old men, it's these old bankster types, these internationalists. They want to send your kids off to war, but not their own and not themselves. So always be skeptical, as wars are bracket. All right, you guys have a great weekend. I appreciate each and every one of you, from Beans the Brave and the crew and everybody here in Branson. End of transmission.