And that's why you buy gold. Because even if they put gold at the bottom of the World Trade Center, you can dig that up. That's still valuable. If you are selling me gold under the Twin Towers on 9-11.

Genesis and Ted Anderson are co-defendants in Lafferty.

He was a sponsor of mine in 1997. A year later, he started the GCN Radio Network because he was already financing a bunch of shows.

And then about nine years ago, 10 years ago, when the gold market was way down and Ted couldn't pay me anymore, I parted ways with Ted, but said, you can still carry my show and syndicate it to stations. I'll syndicate myself. Two-thirds of my stations are with us, and about 90-something are with him. And we're still friends, but he couldn't, you know, pay me anymore.

He gets sued four years ago by the Sandy Hook Democrat lawyers. And he has nothing to do what I said on air or did.

That is the kind of thing that not only should you not accept a commercial advertising money from that, you should denounce it. This is the kind of thing that Ted Anderson should be forced to apologize for. Accepting advertising money to air that is something that there would be a scandal. In any other media outlet. Like getting in bed with something like this. No, I know. That's like somebody running an advertisement from Hitler in 1937 in the New York Times. Just like straight up, hey, let's kill Jews. It's a bit much. I would humbly request that Ted Anderson pull that commercial and also apologize.

Accepting advertising money to air that is something that there would be a scandal. In any other media outlet.

Because he's a scamming thief. Scammy guy. He's a fraudster.

But in 2015, he was suspended, had his license taken away because anyone can go read those court filings. Yeah, I mean, honestly, he could restart because he doesn't really need to have that much gold on hand. The whole idea was that it's imaginary. He was made to pay hundreds of thousands of dollars in restitution to customers that he had defrauded. He's a scammer.

So I was listening to, I accidentally left it on during the commercials during the feed. And it turns out that Ted Anderson, the guy who runs Genesis Communications Network and formerly Midas Resources, before he had his gold sale license revoked by the state of Minnesota, and Alex had to probably help him pay off some legal fees, maybe. Anyway, this guy still running scams. Okay. I was going to say, I didn't, I kind of thought he faded into the background. I have a reason to believe that he was the reason that Alex did that sort of infomercial with Jeunesse because Alex and the InfoWars brand didn't seem to end up working with Jeunesse. Right. But Genesis Communications Network did. Okay. On the Genesis Communications feed of Alex's show, you'll hear commercials where George Nori promotes the InfoWars life, or I'm sorry, the Genesis life. The Jeunesse. Yeah, it used Jeunesse, but sold through Genesis Communications. So George Nori from Coast to Coast AM has cut a commercial for them that airs. And so that seems to be maybe the scam that Ted is on more these days. Ted is more on the pyramid scheme. It seems like the MLM multi-level marketing is there. But he's got another thing cooking, and it's a little bit of a sweepstakes.

Smash cut to two years later, Ted Anderson loses his gold license. Because of a systematic history of defrauding customers.

And that's why when Ted lost his license to sell gold and had a million dollars that he had to pay off for his malfeasance. And Alex immediately after that did a money bomb. Like that's why that sort of thing is like that is not a coincidence. Absolutely not. This is him paying off. The fines that Ted Anderson needs to pay or else he'll be fucked.

Ted Anderson moved out of Minneapolis because of the code enforcers harassing him. I mean, it's a radio network. And it's guys on the phone, you know, brokers selling gold and silver. So he moved to St. Paul. They harassed him out of there.

And not many people do this, Ted. It was a stroke of genius.

Because these are all very predictable for the most part. It's just people selling gold. The second half of this interview is very predictable. Okay. It's the gold part. Right. But generally when Ted comes on, it's all business because it's a commercial. That's why he's there.

Hey, Bob Chapman, how good of a deal as a gold and silver expert is the offered Ted is offering? Fantastic. Absolutely fantastic.

So the scam is, I bought this gold when it was $70 an ounce. Yeah. Now it's $85. I'm going to sell it to you for $75. Right. Somewhere like that. So I'm still getting my profit margin. Right. And you're getting even more profit margin than I am? How is that not already like, wait, wait, wait. So you're telling me a business is selling me something so I can make more money than that business? That's how capitalism works. In reality, he might have the price at the $75 an ounce, but there's all kinds of brokerage fees, hidden costs, those sorts of things that bump it up to. I've read all the reports from people who've done business with them. You end up with $95 an ounce as opposed to the $85 that it's worth. Just because of all the hidden fees. Right, right. So that's the reality behind the scam. Gotcha. No matter what the price is, you're paying more for it. And then also the people who work for him, like all the dealers that you actually individually coordinate with, from all the reviews that I've read, they also do a lot of like, well, if you want to sell it back, we're probably only going to be able to get $65 an ounce. Of course. Of course. You can get your profits out if you want, but you're going to take a cut. Right, right. You're going to take a hit. So they do that to hold people's gold hostage. Yeah. Essentially. That's how a lot of these gold and precious metal operations that aren't very reputable operate.

And Ted doesn't really even make money doing this. He buys the gold and silver when it's low, and he sells it when it's low, and he sells it.

He's buying Midas Resources ads. Oh, yeah. He's not buying Alex Jones show ads on Hannity's show. Why the fuck would Hannity accept an ad campaign from another conservative radio show that's on a competing network at the same time live as him? He would never do that. Ted Anderson is playing these guys because Ted Anderson, oh, get this. His whole business model also involved putting ads on competing conspiracy theory blogs to sell his gold, the Midas Resources stuff. Because it was two separate businesses, it never really seemed like all that much of a trouble. So all of these shows had Midas Resources stuff going. All of them. Anybody who makes anybody else, Rush Redbaugh, Neil Bortz, all of these guys, Mark Levin, all of them had ads from Midas Resources to sell gold.

He's running gold sale commercials on those shows.

And it's crazy because Ted just wants to fucking sell gold and he's using you and Alexander. He's using all of you.

Before this segment ends, I want to bring Ted Anderson, the owner of the Genesis Network that syndicates this radio show, on because he also owns Midas Resources, 30-year gold brokerage.

Because Ted bought gold when it was $815 an ounce. Now it's over $900 right now.

And there's a reason that he lost his fucking Booyah license in 2015.

What actually ended up getting Ted Anderson's bouillon license stripped. He got taken to court a number of times because people were suing him for overpricing. You go to the ripoff report, there's complaints filed there.

Advertiser was Ted Anderson of Midas Resources. Yep. And he really wanted him to spread panic in order to sell gold. You got it. That is why he did that.