REAL DEAL SPECIAL (18 March 2026): Katherine Horton & Bill Binney ON FIRE!
Catherine Austin Fitz and Katherine Horton dissect the London Metals Exchange trading halt, linking it to war in Iran and alleging NATO operates as a fraudulent money laundering front for European monarchs. They condemn DHS Secretary Christy Noem's departure amid a $220 million advertising scandal involving her chief of staff, while praising Marco Rubio and urging the removal of Kash Patel and Pam Bondi. The guests advocate reinstating Bill Binney's suppressed NSA tools like Thin Thread to expose deep state fraud, arguing that BRICS gold-backed currencies will replace the collapsing petrodollar and that tariffs will ultimately eliminate income tax. [Automatically generated summary]
This is Jim Fetzer welcoming you to another real deal special, my ongoing series with Catherine Horton and Bill Binney under fire.
I've been so enjoying these conversations.
Tonight I have Catherine.
I'm delighted.
You look wonderful.
Thank you.
Thank you.
Our U.S. state was hit by the first bout of summer, so I'm all dressed for summer.
You look great.
Absolutely great.
Have you been following what's been going on?
It's the most mind-boggling news from yesterday was that the London Metals Exchange called a complete hold to all trading.
This has never happened in its entire history.
I didn't have time to follow up what happened after that, but some very, very, very odd things are happening on the world stage.
And this is all because of the war in Iran, is it not?
I am not sure because metals trading is not directly linked.
I think there's something else happening.
I think some cabal actions, which I think might be as a result of the Iran war.
I'm not quite sure what it means yet.
Maybe some gold bugs out there have followed the situation, but all I know is that it's in the past, there were two trading stops.
One was, I think, only in copper for a very short time.
The other one was a one-hour trading delay when they started trading.
But never in the history of the London Metals Exchange has there been a complete trading in all categories, a complete trading stop.
So something extraordinary has happened.
And I'm sure they will blame it on a computer glitch, but I think it's so much more.
It's going to have to be historic.
Yes, yes.
So I just wanted to flag that for future reference.
I had time to look into it, but I think it's big and it's somehow tied to everything else.
That's utterly fascinating.
You and Bill, I'm sure, must have been following the development of the conflict with Israel, U.S. and Iran.
So I'm very keen to get your take on what's going on, how it's all unfolding and the consequences, which are likely to be enormous because they include, you know, not only the stoppage or shortage of oil to the goal, but also fertilizer and other products that are going to make a devastating impact.
I have a fellow named Michael Yon doing an interview with Mike Adams where he's predicting that there's going to be a worldwide famine as a consequence, not this coming year, but the year after, because of the fertilizer shortage.
So, I mean, this is all very disturbing.
I want to hear your take.
War Zones and NATO Leverage00:03:50
Yeah, here's the thing.
I come from a country where, you know, industrial-grade fertilizer wasn't available.
And, okay, the returns weren't that phenomenal, but still people could pull through.
I don't believe a worldwide famine at all, simply because the main producers of grain and other, they are in other places.
You can manufacture, you know, look, they can get so much done, these big, big agra, when they really want to snap into action.
I would not cry a tear for them.
They will be fine.
You know, they can go back to local production if they really wanted to, especially when they have, you know, a heads up and they know what's going on.
So look, these big companies, they plan everything so much in advance.
They immediately know what a change in one of the parameters means for them.
They have thousands of employees who do the calculation, try to find alternative markets.
And basically what you observe is that the entire ecosystem adjusts and starts trading around it.
People made a huge deal out of the strait of almost there, but also there's a land connection.
Do we remember that all these continents are connected?
It's not just this little waterway.
It's the cheapest, it's the most efficient, yes, but it's not the only way to get around.
I mean, heck, there are, you know, people going on solo bike trips all across from, you know, from Spain all the way to India.
So we'll be fine.
We'll be fine, honestly.
I think what's happening is that a lot of people are panicking and they think just because they can run a scenario that that scenario is definitely going to come true.
I don't believe that for one second.
I mean, I went back and looked into what Scott Ritter was saying and what, what's his name, Colonel McGregor was saying.
And I maintain I completely disagree with them to this day.
I see it completely differently.
And I forgot to say two things on that last time.
Number one, maybe Bill mentioned that, but Scott Ritter was one of the guys who was completely running with RussiaGate, buying everything.
And he had a really hard time peddling back, even when Bill presented scientific evidence that you cannot hack the DNC from Russia with that download rate.
It's impossible.
The whole RussiaGate thing and the Russian hack fell apart.
And yet he was still campaigning.
You know, Bill said he really had to go at bloggerheads with the VIPs, the veteran intelligence professionals for sanity, because Scott Ritter was riding that horse.
I think he can get very enthusiastic about panic scenarios, but really one has to look at the actual core facts.
Now, the other thing that people have been saying, oh, on AS, the thing about McGregor is also he was involved in the Balkans in the 90s, was he not?
So if I remember correctly, that was not exactly a success story.
Okay.
I think it ended with a big massacre in Bosnia or something.
It was horrific.
I mean, I went to school in a German major city and I went to an inner city school that was over 60% foreigners, myself included.
And we were all from war zones or refugees of some sort.
And my friends were from Bosnia and it was a time, you know, just all across Yugoslavia.
And it was just, I mean, the 90s were a mess.
And almost every week in a phase, we just heard about massacres and their relatives being murdered horrifically back home.
I mean, we lived through all that.
So whatever that McGregor guy says, if General Dan Raisin Kane does everything differently, I think we will be in a different, you know, in a better situation.
So as I said last time, the proof of principle for me with General Kane was that he targeted the leadership first.
Iran Missile Provocations Explained00:15:23
And that for me is the proof that it's a real war.
It's not just a staged banker war where the Rothschilds pay both sides and the lead puppeteers have to stay alive, otherwise the show comes to an end.
This is a real war.
And I think for the first time the US military is really allowed to do, well, not actually the first time, the second time after they were allowed to tidy up ISIS, they're allowed to do what they can.
And I think Iran, there's no way Iran is a match to them at all.
It's just impossible.
The US military might is just without its equal around the world.
Not even its equal in Europe.
But what was the most telling thing for me is that every single European country pretty much folded.
There was no support from NATO, from any of the NATO countries at all.
And Trump, I think, is right that they supported everything NATO did with quite a lot of money.
But when he was asking for help in protecting a strait that they were all using, none of them were willing to help.
So the question is, what's the point in NATO?
And I was very pleased when this whole thing was unmasked because I've been saying for a long time that NATO, just like the UN and all these transnational organizations, are really transnational criminal organizations and huge fronts for astronomical money laundering.
So, for example, the EU, which is generally considered a good thing, hasn't published any accounts since the late 1990s.
And this was publicized by a journalist who had the pen name Christopher Story.
And there's an entire YouTube, four-part YouTube series where he exposes this.
I think his real name was Edward Hall, but you will find it under Christopher Story, EU Corruption on YouTube.
And he said, you know, this entity, the EU, hasn't published any accounts since the 1990s because they are so fraudulent, not even the big accounting firms are willing to sign off on it, right?
And that means a lot because those big accounting firms, you know, Deloitte and all the others, they are no strangers to financial shitfuckery.
In fact, they make it work.
So you have to steal such astronomical sums that not even these professionals can make the numbers work somehow, you know?
And so anyway, the EU is a fraud, but imagine NATO when it's all under, oh, military, you know, need to know classification, blah, blah, blah, compartmentalization.
How much money can you steal then?
And I've been saying that the whole structure that's called NATO, and nobody really knows what's behind it, really, is even less audited than the Pentagon.
And the Pentagon hasn't passed any audits in our lifetime, has it?
Right?
So imagine now you have this front organization called NATO.
By the way, the people who sit on the board of NATO, those are not the presidents or the prime ministers.
Those are the heads of state.
And the heads of state for, I think, a dozen European countries are the monarchs.
All right.
So you have, you know, King Gustav or King Olaf and you have this and that.
You've got King Charles.
And all these people run NATO, but hello, they're all one family.
All right.
So you have an extended family run this show and it's otherwise totally unaccountable.
And by the way, those guys are also the senior leaders of the secret societies, as in the Masons and all the Illuminati and blah, blah, blah, blah.
So you have a structure where you're pouring money into 5% of GDP, right?
Since Trump forced everybody to pay more.
And what do they have to show for it?
Because it's really just a set of offices.
They want to create this NATO army, but where the hell is it?
Because all European countries have their own militaries.
So every time push time comes to shove, it is the German military sending their stuff.
But where do these 5% of GDP actually go?
Has anybody looked into that?
Because I wager it will have disappeared into various projects.
And the only thing that the public knows about NATO is that it was running the Gladio B program, which was the NATO stay behind armies after World War II, pulling off all sorts of terrorist attacks, like bombings at Italian train stations and so on.
So that's all the research work of a guy called Daniel Aganza, who documented the Gladio B program.
But it goes straight back to this shell organization, NATO.
So when they were funding false flag operations back then, you know, what are the chances that it's the NATO front organization that has been paying for all those false flag operations since?
You know, the one in, where was it, Marseille and this and that, all across Paris, you know, Amsterdam, Ever since the early 2000s when terrorist attacks really took off.
So, long story short, for me, the most satisfying thing in the last week was the total exposure of NATO as a complete fraud.
They are worthless.
They are totally useless.
So, I'm just hoping that Trump will turn around and go, well, you know, that's a lesson for us.
Why do we have to be part of this?
He's already talking.
He's talking about pulling out a NATO.
Yeah, couldn't come too soon.
It's costing the American taxpayer billions per month.
One of the consequences of what's taking place in the closure of Straits of Hormuz, I believe, is going to be a European pivot toward Russia because they have the cheap gas.
They have obvious opportunities for commercial interaction.
It would have gone forward but for destroying the Nord Stream pipeline, you know, a long time ago.
So I think that Russia, we disagree about the mechanics of what's going on with the war because I see Iran is prevailing.
They're in like the 70th wave of their missile firing and they have more and more sophisticated missiles.
But Israel may, out of desperation, resort to nukes.
And if that happens, all bets are off.
But China and Russia, I think, would never let Iran go down anyway if it were desperate.
In prior arrangements, Russia offered a mutual defense pact, and Iran remarkably declined.
I think they wanted to stand on their own feet.
They have all kinds of principles.
So I'm thinking NATO is likely to evaporate, crumble under the pressure.
You pointed out how they're not supporting Trump and his efforts.
On the one hand, he says we're the most powerful military and don't need anyone's help.
On the other hand, he's going begging to NATO and complaining they're not providing help that he says we don't really need.
And I think the pressure of the war is causing Trump lots of problems, emotional, mental, political, you know, you name it.
I think he's confronting them.
He was really drawn into the war by Bibi launching it when the Oman monitor trying to negotiate a new agreement said he thought they were on the verge of a breakthrough.
Because if there had been a breakthrough, then his best argument, which was really a terrible argument to begin with, to wit that Iran was pursuing nukes, would be lost.
So he immediately annihilates the Ayatollah, issued a fat law against Iran having nuclear weapons.
In other words, this whole thing was so corrupt from the beginning.
BB wanted for 40 years to attack Iran.
It had nothing to do with nukes.
It had to do with regional rivalry and domination.
And how many wars do we have to fight for Israel?
You know, we've been through Afghanistan, Iraq, Libya, you name it.
Even Syria was a mixed bag.
But I mean, it's just awful in my opinion, Catherine, how the United States had been turned out to be a vassal of Israel.
I don't like it.
The American people don't like it.
The popularity for Israel is bottoming out.
It's actually cratering, and it's got a whole bunch of contributing factors, not just a genocide.
I mean, how long can you support a nation engaged in a genocide out there?
It's so blatant, it's so obvious.
The shooting of Charlie Kirk, which I think was staged, but most people think Israel took him out.
That opened a whole lot of criticism.
And now, of course, see now Israel has been running our foreign policy.
I think Israel's future with regard to the United States is very dim, that Americans are repudiating Israel.
And I foresee the Republicans taking a bath in November.
I think it's going to be a catastrophe.
It's going to be worse than Custer's last stand.
I think the Republicans are going to be gutted.
I wish I could say the Democrats would do something good with their power, but I don't foresee it.
I do anticipate, of course, a successful impeachment this time around, because they're going to have control of the Senate as well as the House.
Those are some preliminary thoughts.
So I just want to cast out for your reflection.
I'm very interested in your take.
Sorry, that's the phone ringing in the background.
I forgot to mute that.
I don't hear it.
You don't hear it?
Okay.
So hang on, let me remind myself of all the things you said because you said so many good things.
Well, I think what Trump was technically saying is that they don't really need anybody to protect the Strait of Hormus, which I think is also accurate.
But everything they do costs money.
So if it's Europe that's mostly benefiting from and using that for their cargo ships, then they should be contributing to the protection of it, which I think is fair enough.
Right.
So that's a very valid point.
Just one moment.
Sure.
Sorry.
So, you know, I think Trump made a valid case.
And when they were not even willing to, and also let's just realize that it's Iran attacking commercial ships.
So it's privately held ships.
If they were just attacking warships, that would be a different thing.
But it's, again, terrorist activity from the Iranians or Iranians, right?
So how does that stack up with Iran being a good guy?
I wouldn't call it terrorism.
I think it's obvious leverage, economic leverage to benefit themselves by harming their enemy in the war.
They're allowing Russian and Chinese ships to pass through the strait, but not those of other countries.
They've only been attacking the military bases on the Gulf Coast states.
United Arab Emirates already gave the U.S. 48 hours to get out.
I think that all American bases are going to be withdrawn.
I think American forces are going to be withdrawn from the Middle East, Catherine, before this is over.
Unlike your interpretation, I think Iran is very much in control here.
Didn't they also hit a high rise in Dubai, which was residential?
I mean, all I saw from their missile hits is that they were lashing out randomly, trying to cause distress to their neighboring countries, hoping they would turn on the U.S.
The Iranian missiles are very precise, and they have spent decades mapping this out.
As I may have said, they're like in their 70th wave of ballistic missile attacks.
They're not targeting civilian now.
You have invariably collateral damage.
Some missile goes astray, but it's not intentional on the part of the Iranians.
I also believe, you know, Mossad, make war by deception, is willing to throw in missiles, attribute them to the Iranians so they can claim Iran has done something wrongful.
We, of course, performed this colossally stupid act of taking out 170 little girls, you know, at that school.
And it wasn't tomahawk missile.
It was an early wave.
Iran didn't even have any missiles in the air yet.
And yet HegSat said, no, no, it was Iran.
It's just outrageous.
And Catherine, I don't know if you know how horrific this was.
It was hit by four missiles.
There was a fifth circling.
And when they got this gathering of all these girls together, it came down with an air-fuel mixture, thermobaric, and dry roasted.
They were burned alive to our crisp instantly.
I mean, it was grotesque.
We did that.
But is that proven that that was the U.S.?
Because it strikingly sounds like what Iran would be doing.
No, no, no, no.
It was the U.S.
It was U.S.
Well, how do they know it was the U.S.?
What was the because Iran didn't even have any missiles in the air yet, Catherine?
It was an initial strike.
I thought they had this distributed network that they could just, you know, unleash because they've spent decades doing it.
Here's the thing, right?
The stuff about the school, it makes absolutely.
We know it was a tomahawk.
We know Iran didn't have any tomahawks.
We actually see the FT missile.
They got the parts of it made in the USA.
I mean, this is all out there, public.
And no tomahawks have ever gone missing because there are reports of entire nuclear warheads going missing from the UK because MI6 was doing back deal, shady deals with criminal countries.
But here's the thing.
It was most certainly not Iran doing this to their own children.
They don't do that.
We may have a fundamentally different understanding of the character of the Iranian people.
They are in my judgment among the most honest and trustworthy and open in the world, not to mention peace loving, not having launched a war of aggression against any of the states in 1775, Catherine.
1775.
But that's not true because it was Bill himself who was tracking Iranian terrorist groups that were creating IEDs and selling them for a lot of money.
I mean, he can tell you all about it because he actually tracked it just using Google and using their business registries, which were publicly online.
So he can actually talk about that because it's like you're talking about some fringe group, one might say, some small nation of Iran.
I'm talking about the nation of Iran.
But I'm really amazed that you consider the Iranian regime to be this peace-loving thing.
The Iranian people are, yes, sure.
They are very, you know, elegant, refined, and highly educated people.
Exposing the Iranian Regime00:12:46
But their regime that was brought in by, among others, MI6, excuse me, they were a ruthless murdering gang, famous, famous for the subjugation, torture, and murder of women in particular.
So the first thing my friend, who is an Iranian refugee in Germany, said when we're talking about the school, she said, I wager that was the Iranian themselves because that's exactly what they would be doing.
Why would the U.S. bomb a girls' school?
You know, it's like the emotive, but that's the thing, the emotive like content and everybody gets upset because, oh, it's girls.
I mean, yes, of course, it's horrific, but who the F would do such a thing?
Maybe the bastard regime that is famous for murdering and subjugating women.
And they thought, oh, we can have a quick win off the hearts by just murdering a bunch of women, you know, some young girls who gives a shit.
It's just women.
You know, I was in Iran in 2014 for an international conference.
I got to know Iranians.
I visited parts of the city.
And nothing in my experience is consistent with that depiction of this horrific regime.
I don't believe it.
I haven't seen real proof of it.
Yeah.
And you know, the protest movement there, that was a classic color.
That was MI6 and CIA and Mossad.
And it was only about 32.
It was about 3,200 who died.
And it was very much provoked from the outside.
Not 32,000, 3,200.
And they were able to crack it because Mossad, they were using Starlink computers.
And Russia, by their experience in Ukraine, learned how to detect them and they shared it with the Iranians and they were able to track it down and crack down.
But I just haven't seen what you have emphatically based upon your friendship and their knowledge and so forth.
Yeah, because they travel back to Iran, they did it yearly.
I mean, my friend's parents had an apartment there just because they have all these, I mean, she has all these like, you know, 19 cousins and aunts and uncles because they are big families.
And the parents, they were old and retired and their roots and all their social network was there.
So of course they would go back to see family.
And it was there.
I mean, it was not a pleasant trip, right?
I mean, they were fine inside the house, but you have to be really guarded when you left the house because they could just arrest a woman for anything.
It was not, you know, it didn't occur to my best friend to ever move back.
Now that Iran, the regime is being deposed, like, yeah, sure.
She was saying, you know, I would love to go back as much as I'd love to go back to Transylvania.
You know, everybody wants to go back to their roots.
But my gosh, I mean, one should really listen to all those.
I think a quarter of a million of Iranians in exile in California alone.
One should listen to them.
They have family back and they all seem to be celebrating.
They're telling Trump, go back and finish them off.
Get rid of these guys because what they did was just horrific.
I mean, what?
Murdering gay men for being gay, you know, accusing women of adultery without proof.
And then what, I don't know what, 12, 20 lashes and then executing them or some shit like that.
I mean, that's not an advanced regime.
That has nothing to do with the American, sorry, with the Iranian people and their cultural heritage.
The whole veiling shit had nothing to do with their cultural heritage.
So where the hell did it come from?
Do you think Iranian women are required to wear veils now when they go out in public today?
Well, I think they still are.
Yes.
It's not as good.
I have footage from malls there and they look like Western women.
They're casually.
They're wearing jeans, all kinds of stuff.
Their hair is on all different stuff.
Well, guess what?
It's just not the case, Catherine.
But I tell you, in those temperatures, very many of them would love to wear short skirts.
Have you seen any in short skirts?
Because that's what women do when they can do whatever they want to do, right?
They all run around in long trousers, long jackets, and 40 degrees heat.
You know, some have a loosely hanging veil.
Do you know how hot it is to run around under that shit?
When you let women wear whatever the hell they want to, it's going to look like, you know, Miami Beach in that temperature.
And yet it's not.
So somebody is exerting pressure.
And I'm not saying they all have to turn into, you know, bunch of loose women overnight.
That's not the point.
But they clearly are not choosing themselves what they want to do.
Clearly, gay men cannot be gay in Iran, right?
And the crux of it is that this whole religious insanity had no heritage.
This is not what the Persian Empire was about.
They were really advanced.
They were thinkers, intellectuals, right?
So it is just an imposed sick, you know, creation.
And I can see the CIA and MI6 all over it.
Now, a telltale, you know, smoking gun evidence for me is just the UK's massive resistance to any sort of, you know, help towards Trump.
I mean, where's that special relationship they are floating all the time, right?
Not so special now, is it?
And I think that's because MI6 spent decades putting those scumbags in place.
And now they can see all their decades' worth of work.
And let's not forget their trafficking lines going through that country.
Just go up and smoke, you know, as Trump just threw over their toys, you know.
So, really, I would like to wait until May.
I think our bet expires in May when I said that by May, the war will be over and fuel prices will be going down again or something.
We had this double bet.
I have to remind myself what exactly is.
We'll have to recount it.
It's on page.
We got it on tape, so we can recount it.
Exactly.
We have to check.
But I remember it was either like the end or the middle of May or something like that, whatever.
But let's just wait because also, I mean, from what I've seen, of course, there's this continuous disagreement about what's disinformation, what isn't.
And it's a war zone, so the military is never going to say the truth.
They didn't say the truth about the boats that they supposedly shot in the Gulf of America either.
So why would they say the truth about Iran?
But, you know, I still think when I look at the Iranian people in the U.S., they are extremely happy.
And they are the refugees from this country.
They are the ones who like to go back.
You know, I am extremely exuberant about those sick bastards having been killed, quite frankly.
And I would just encourage General Kane to go back and get another layer of leadership.
Like, keep going.
Bill always says about NSA leadership that it's corrupt up to five levels of management down.
So you have to eliminate five levels of management until you get down to people who are not psychopathic and corrupt criminals.
So I think they should just go back and keep wiping out the leadership.
It's very cost-effective.
Have you heard of the complaints coming from the men in the rank and file that their superiors are telling this is a religious war, that Trump is anointed by Jesus to bring about Armageddon?
Who said that?
Was that Hegseth telling them that?
It's Hegseth and other generals who are leading the campaign or telling the troops that this is all, it's really, you know, Jewish eschatology they're giving them.
I mean, it's god-awful in my opinion.
I mean, but this is one little aspect.
Go ahead.
Here's one thing about Hegseth that I just found very strange because there are so many topless photographs of him.
He has this massive, and I really mean massive Knights of the Sepulchre or Sepulchre, whatever it's called, tattoo.
It's basically the Vatican Knights of Templar, a branch of them, right?
He's got this massive chest tattoo, basically saying he's a Vatican operative.
And yeah, what do you expect?
Okay.
That's exactly what I would have expected that he would say shit like that.
Sorry.
Yeah.
It turns out the members of Trump's cabinet were all nominated by his Zionist billionaire supporters and vetted by BB Netanyahu and the Israelis before they're put in office.
How awful is that?
Yeah.
Yeah.
But then you appoint somebody as Secretary of War who's got a massive, supposedly Catholic, you know, club tattoo on his chest.
It kind of proves that the Zionists and the Vatican are all one club, doesn't it?
It's almost like it proves at the top they don't care about religion.
They are all one financial club.
Or that Pete Hegseth is a freak.
Is he?
I mean, you know, I think that's pretty clear.
You know, so I have many questions.
I mean, as you know, I seriously question the appointment of Kash Patel, Cash CU in Valhalla Patel, or Pam Blondie.
They're awful.
They're totally unfit.
Yeah.
But on the other hand, I mean, the way I look at the Trump admin is exactly that.
I take them as individuals, and we have to factor in that Trump can't read minds.
Okay.
He's one guy trying to put good people into position and he keeps being let down.
And he picked cash because Cash wrote this book, Government Gangsters, which you can ghost write that.
You can have AI write that in five minutes, quite honestly.
So that's not true for me.
But when push comes to shove, Kash Patel was just corrupt about everything.
He shut down the investigation into the Trump assassination attempts.
He lied about everything about the Charlie Kirk shooting or the Charlie Kirk incident.
Who knows what really happened?
And yes, after Charlie Kirk's death, now Mossad is moving in and taking everything over.
I mean, it's horrifying.
But then again, when you look at the Trump admin, there are more people there.
One guy who really seemed to have excelled is Secretary Rubio, Marco Rubio, who is said to be the engineer of all the peace treaties, which is, I mean, an astounding feat, really.
He has shown more ability for heavy lifting than JD Vance.
You know, that's for me the summary of the first year.
I have seen Rubio absolutely everywhere involved and really making good positive change.
I don't really know what JD Vance is doing that much, you know.
So for me, Marco Rubio is one of the big stars.
Still, DNI Tulsi Gabbard, I mean, she doesn't respond to Bill and Meade appealing for help, but we have to do it maybe more formally.
But so far, she hasn't done anything that I would think, no, she's not to be trusted.
Tulsi.
Oh, yes, Tulsi Gabbard.
Yes, yes.
Sorry.
She was before Congress this morning and they were asking, you know, whether Trump had been briefed about the risk of the straits of Hormuz, as though it hadn't been done by the chief of staff already.
And of course, she had reported many times in the past that RA had no nuclear weapons program and that there was no evidence they were seeking to develop nuclear weapons.
Today, I thought she was a bit tepid.
She said about the question of Iran being a risk.
She basically said Trump makes up his own mind about that.
I mean, that was a charitable interpretation of what she said.
I think many of the cabinet members feel frustrated because he's not really responsive to what they may have to say.
I think he charts his own course and he's not really equipped to do it.
You know, I did two memoranda with Robert David Steele way back when, one on 9-11 and one on Sandy Hook.
And he explained that Trump can't read more than three pages.
And if it doesn't have photographs, forget it.
We sought to accommodate, but I don't think he read any of the stuff we gave him.
It was great stuff, but I don't think it made any difference at all.
I think he may not be quite illiterate.
You know, it turns out to be that Governor Malloy during the time of Sandy Hook actually is illiterate, believe it or not.
So I don't know about Donald Trump, but he's not far removed, Catherine.
This guy, he's totally lightweight intellectually.
I mean, it's embarrassing.
The Dollar Interest Rate Scam00:06:33
I don't know.
But then again, everything he said about tariffs and the way the economy works is exactly spot on.
That's what I don't understand.
How can people call him stupid after this moron parade of George W. Bush Jr., right, Clinton?
I did not have sexual relations with Clinton, right?
Obama, who's got a fake wife, you know, and basically lied about everything else and started more wars than Trump has any time to.
You know, what Trump said about tariffs was spot on.
People were saying, oh, inflation is going to run through the roof.
And these said, no, it's not going to because companies will put their factories here.
That's what they did.
Here's the problem about the dollar.
The petrodollar is basically dead.
These countries are going to trade in any currency.
They're not going to continue to trade in the dollar because the agreement was, we'll trade in the dollar and you'll provide us security.
But the U.S. has not been able to provide them any security.
Even Saudi Arabia said they felt betrayed.
He wasn't there to protect us.
He was there to protect Israel.
And I think that's exactly right.
Well, here's the thing about the petrol dollar.
The petrodollar, the only backing to the petrol dollar is the U.S. military's firepower.
That's the truth, because it has been printed so into oblivion.
And the money printing is much, much, much worse than what, you know, the currency that is issued formally, because every time somebody takes on a loan from a credit card, every time you swipe a credit card, money gets created out of thin air.
The money that you spend on a credit card never ever existed before you swipe that thing.
Most people don't realize that.
So when you pay it back, that virtual money disappears.
And if you're stupid enough to clock up interest, you pay interest, which is real money being sucked out of the economy.
But every credit card company is involved in counterfeiting, which is why if you just don't pay back your credit card bills, it gets passed to what's it called?
These companies that basically, God, the name escapes me, they basically buy debt for pennies on the dollar.
And then they try to, you know, chase up the debt themselves.
The name for them is going to come back to me.
But anyway, they buy debt for pennies on the dollar because nobody owned the money to start with.
The credit card companies don't incur thousands of losses.
Instead, they make an infinite profit on nothing every time you pay a dollar in interest.
So they just pass on, you know, this debt to somebody else and they couldn't care less.
And they will do it very quickly after three or four months.
You are just of no interest to them.
So, but anyway, so yes, the petrodollar or the dollar, the US dollar is a fiat currency that has been so printed into oblivion, it really pales compared to hyperinflation in Germany, right?
But the point is that the way the whole thing is being kept alive is that nobody notices how worthless dollars truly are.
And that's because the banking crime cartel has their own way of settling things and setting prices for everything using their computers and basically creating an illusion.
And they can keep this illusion running as long as the music keeps playing, right?
And the way the trick is actually done is because you never ever buy a share or any commodity directly.
You always go to a market.
Well, who runs the markets?
The banks.
Every time you buy a share certificate, you buy it electronically.
And before the sale goes through, the Bank of International Settlement or the Banking Crime Cartel has all the buys and all the shares in that second that will enter the market.
And guess what?
They can swamp or drain the market depending on how they want the price to go up and down because they have full information of all the buy and sell orders just a fraction of a second before that.
So they can buy and sell from themselves.
And that has already been proven to be the case in the gold market.
This is how the gold price is being regulated.
It was central banks selling and buying gold from each other, swamping the market and setting the price by hand so that nobody finds out how worthless fiat currencies truly are compared to gold.
This has already been proven.
The crime has not been stopped, but it has been proven to be running.
So yes, the thing about the petrodollar, absolutely true.
But on the other hand, what the hell can Trump do about it?
Because he comes in as a president, he can't outlaw credit card companies overnight.
He has a hard time just making Powell, what's his name, Jerome Powell in the Fed, do what's right in just lowering interest rates.
Because there's no law of nature setting interest rates, by the way.
The interest rate set by the Fed is the asset-stripping rate of the banking crime cartel.
They look at the U.S. as a little slave colony and they think, hmm, how much can we actually draw out in terms of profit from that little colony without making it so, you know, bleed it so dry it becomes inefficient?
And that sets the interest rate, despite what everybody else will tell you.
That is what sets the interest rate.
So, why is Powell still dragging his feet?
Well, it's because the banking crime cartel is punishing America for daring to try to go its own way.
They will, if they can, they will bleed the country dry.
There's no reason to keep interest rates this high, but they want to embarrass Trump because the high the interest rates, the more you freeze out the real economy, because nobody can take a loan, nobody can cover shortfalls in operating income because it's just too bloody expensive.
And more than that, anybody who buys a house will buy a house for themselves and will, by the time they paid off the loan, have bought a house for the bank when you look at how much interest payment somebody makes over 30 years.
You know, so the truth is, there's Trump, and everything I've seen just the man Trump do, which was his tariff, the tariffs, the trade deals, bringing factories back to the U.S., it was phenomenal.
And every single category of his achievements went against all the so-called experts.
You know, there were Nobel Prize winners saying, oh, you can't impose tariffs without letting inflation go through the roof.
Fort Knox Gold Truths Revealed00:14:18
Turns out you can.
They will just put the factories here.
It takes, what, two months to pull up a factory fully functional?
Well, in eight weeks' time, everything's back to normal.
Right.
So the point I was making in relation to the war is that the Gulf Coast states are no longer going to restrict their transactions to the dollar.
So the petro dollar is gone.
And I don't see what there is to preserve the value of the dollar.
I mean, it was a brilliant, it was a brilliant scheme, Catherine.
Well, here's the thing.
We blew it.
We blew it in this last couple of weeks, it seems to me.
Was it a brilliant scheme, though?
Because it was a scam more than a scheme.
Now, I'm glad you brought it up.
What could possibly be backing up the petrodollar if it's not the military might of the superbully?
Well, how about gold?
And here's the thing: right, the BRICS countries were trying to set up an alternative system for really nation-level inter-trade based on gold, trying to bring integrity back to this whole financial system, which has gone down the criminal path, right, beyond redemption.
Now, here's the thing: remember the time when Trump and Elon Musk announced that they were going to visit Fort Knox?
Have you ever heard of them going?
Have you ever seen any footage from Fort Knox?
Any publicity photo shoots outside Fort Knox of Elon Musk and Trump there, maybe?
No, right?
Because they probably Trump.
There's nothing in it.
Exactly.
Exactly my point.
And I think what happened is that when Trump said, Hey, I'm going to come over.
How about next Tuesday?
Everybody in Fort Knox literally shut themselves and said, What the fuck are we going to do?
Right?
Because suddenly those people who were monitoring the gold market were saying that the most stupendous amount of gold started to be shipped to New York.
If I have to check out the exact details, but suddenly metric fuck tons of gold made their way to the US.
And I think it was the banking crime cartel trying to cover up the hustle that they had conducted years ago, which is taking all the gold and selling it off to China.
And they had to put it back before Trump arrived.
Now, if I had to guess anything, that thing about the London metals exchanges and precious metals might have something to do with people trying to cover the shortfall and say, hang on, if the BRICS are putting their currency gold-backed, you know what's going to happen when there's one currency that's gold-backed?
It's like a ginormous suction sound.
Everybody wants to have that currency because everything else is toilet paper in comparison.
So if the US wants to be level with the BRICS, and China, by the way, as one gold bug said once, I think it was Sinclair, who's really Mr. Gold.
He said, every ounce of gold that ever went into China never came back out.
So the Chinese have been building up their gold stocks to put their currency gold backed a long time ago.
The US was still busy with Clinton and his affairs, right, at the time.
And then we had Obama.
So the Americans were asleep at the wheel.
So if Trump wants to really protect Americans for the future, he would have to start buying massive amounts of gold or put guns on people towards people's heads and say, where the fuck is the gold, man?
Where the fuck is the gold that's meant to be in Fort Knox?
As soon as he does that, a lot of gold will make its way back.
You know, it's amazing how much, how far he could go with a bit of blackmail.
And if I had to make a wild-ass guess, that's probably what's happening right now.
Because it fits.
Do you know what I mean?
There was already a shitstorm when he announced he's going to visit Fort Knox.
And now, while everybody else is busy with Iran and Ukraine, we've forgotten about Ukraine, by the way, but we're busy with Iran.
You know, suddenly hell freezes over on the London metals exchange.
Like it has never frozen over before in the whole history.
So something is happening in the background.
And I think it's much more significant than we know.
And if there's one thing that Trump understands very well, it's the economy.
It's currencies.
He doesn't really understand what a scam cryptocurrencies are, but hey, you know, so I think there's some ass covering exercise in the background and it's a good thing.
You know, that's how I read the situation.
So you still think Trump is doing good things for America?
Oh my God, yes.
Fuck yes.
But I always put in a little asterisk and say Trump, okay?
With a very, very limited, you know, radius around Trump, who else is doing good work in my view, which is Trump and Rubio and Tulsi Gabbard, right?
I think they're, I don't have any reason to say they're doing rubbish work.
I just saw good stuff.
Caroline Leavitt is really pulling her weight, really trying her absolute best, right?
So that group seems to be doing great.
The people who are appalling and get a total fail are Kash Patel at the FBI, Pam Bondi at the DOJ, which is terrible because the deep state in the US just doesn't, you know, keep doesn't is not being drained.
I have no idea.
No, Christy Noam at DHS.
Oh, God.
Did you hear about the scandal of her spending $220 million on an ad campaign of her riding a fucking pony in a cowboy hat?
Did you hear about that?
Run that much?
Oh, my God.
What?
29?
200!
20 million.
That's insane, Catherine.
It is.
It is.
And what was already insane.
You did that with a home camera.
You could have produced that for $10.
Yes.
What was already insane is when the Secret Service spent, I think, $2 million on a Super Bowl ad that in the end wasn't even aired.
But at least it's there.
You can air it whenever.
But imagine you're spending 100, no, 11, 110 times, 110 times that.
110 times that fuck up.
And that's when you arrive at 220 million.
And also keep in mind that at the same time, DHS employees who actually do the work, the TSA agents, I think also Secret Service agents and ICE border agents, everybody who falls under DHS, they're not getting paid at the moment.
So my question to Trump is, could there be like a temporary interagency loan from income from tariffs being used to cover the wages?
Because these are, you know, everyday people going to an everyday job.
They have to pay their mortgages.
They have to pay, you know, the upkeep of their life and their families.
What is happening to them?
You know, so, but then again, that's the Democrats withholding that money.
It has been voted on twice.
What's his name?
Mark Mullins said that.
You know, he said, we voted on this multiple times to release the money, but now it's being blocked by a legal mechanism I don't quite understand as a European.
But, you know, what about that?
That's horrific.
And meanwhile, there's Christy Noam who just let $220 million exit the door at DHS.
That's just incredible.
Sickening.
It's absolutely sickening.
But I think there should be a criminal investigation because also I think some of that money went to an advertising company that's owned by the wife of somebody in her office.
It was so complex.
The whole thing is just, it's just absolutely disgusting.
But yes, Trump replaced her.
And I think there should be a real kick-ass investigation into that money and into that woman.
Yeah, I don't know.
The other thing I heard about her also is that she is married to this guy who she's married to for over 30 years.
They have a number of kids together.
And yet they kind of live separate and she's hanging out with what looks like her lover, who's also her chief of staff.
And really, that's another man who's being humiliated, you know.
And he's just a Christian and he thinks that, you know, marriage is forever.
So he's basically being humiliated by this woman who now humiliated DHS.
And I just say, look, the way you are in your personal life is the way you are in public life.
You know, so what a disaster.
So yes, but I think how would have Trump known?
How would have anybody known she's such a disaster?
You know?
So all he can do is replace her.
And then who would investigate that?
Oh, hang on.
That would be Pam Blondie, right?
Is she going to investigate anything?
Really?
That's my problem with the whole Trump administration.
And if I can just say one thing, it's like, oh my God, every time he puts these like super attractive looking cosmetic surgery babes in power, it goes bottom up.
And I just want to say, look, if you have a woman who invests that much money into her looks, her looks are what she makes her, you know, money off.
Try to pick women who make their money off their brains, right?
Maybe high-flying lawyers who don't look like sex bombs because they don't need to, because they get hired for their brains.
Maybe, I mean, pick anybody, really.
How about Catherine Austin Fitz?
Yes, yes.
Now, I want to see Catherine Austin Fitz's live public accounting reinstated.
She was destroyed, nearly murdered, I think several times over, but for her live accounting platform and for finding the black, basically the black budget in the military being laundered through HUD.
Yes.
And I would say there's absolutely no way that the Trump legacy or the MAGA legacy can stay.
unless her live public accounting is put in practice.
Because look at it, they found massive fraud in Minnesota.
They just found equal and bigger amounts of fraud in California.
Nobody's surprised, right?
But how do you do it automatically for 50 U.S. states?
It's by implementing live public accounting so every taxpayer can watch their money being spent live.
Every time your local council swipes a debit card or a credit card or your state government or anybody or pays a contract, you can see it online because it's your money.
So if there's any fraud or you can suddenly see that there's $50 million being paid to a local daycare and you drive past there every day and you know that there's nobody there ever, you can flag the fraud immediately.
That's how you really decentralize the fraud investigations.
You use the full power of the 320 million Americans for that.
So yes, we need Catherine Austin Fitzback.
That's my final word for the day.
We need Bill Binney and Catherine Austin Fitz instead of these losers.
God.
Yeah, Bill's methods are so brilliant to solve problems.
If you want to solve problems, but they don't want to solve problems.
The people at Tatop know they're going to be exposed, Catherine.
So they're covering their ass.
They want to have the truth out.
Yeah.
And just as a, now that we talked about numbers, I remind everybody, Bill's Thin Thread costs $3 million, including development all the way to deployment, $3 million.
The Secret Service Super Bowl ad, $2 million, right?
So with Thin Thread, you can.
That's pathetic.
Right.
You can uncover any organized crime.
In fact, Bill had a program called Well Grounded, which was Catherine Austin Fitz's equivalent for the classified realm.
He was automatically auditing classified projects, but what have also showed up, you know, the fraud in them instantly within seconds.
So his superiors told him at NSA, you're never going to do that program.
You're never going to, you know, make it live ever.
So that, but, you know, what you know, you're above the target when you take the flag.
We need to go back to exactly these areas where people got destroyed in the past because those are the pain points of the deep state.
And those are Catherine Austin Fitz's live public accounting, Bill Binney's Thin Thread and Well-Grounded programs at NSA.
And it's also, I mean, they killed Ted Gunderson because he exposed that the FBI was running child trafficking and satanic ritual sacrifice networks.
That was in the 1990s and he was poisoned by the FBI with arsenic.
So yeah, we need to get back to where these people left off, you know.
But still, we have still more hope than with Kamala.
Remember that.
What do you want to say to the American people who are distraught over the war, the tariffs, the deportation, all the chaos in America?
What would you say to them, Catherine Horton?
I would say about Iran, wait until May.
Don't be sad about tariffs because they work like a fantastic charm and make America really richer than it has ever been.
And by the way, as Trump already said, that's the way to get rid of income tax.
That's how the U.S. used to be run.
No income tax and instead tariffs.
So he's absolutely historically right and economically right about that.
And I would just say, hey, you know, don't stress that much.
Listen to the Iranian people in California, the expats.
What are they saying about this war?
They are loving it.
They want to see more war.
Tariffs Replace Income Tax00:00:57
You know, when was ever that the case?
When were Iraqi saying, hey, go back and finish off the others?
Right?
So I think it's all going fantastically.
Well, I would say to the American people, help me to get Trump to talk to Bill Binney and help me to stop my targeting with directed energy weapons and all the other targeted individuals and help me to get rid of Kash Patel and Pam Blondie because that's the currently the jam log, you know, log jam.
Love jam.
Well, I love our weekly conversation because every week is like a glass of ice water in my face from you, from Bill, and it makes me think: could I miss some along the way?
Many issues here today, Catherine.
I cannot thank you enough.
Thank you.
Jim Fetzer, Real Deal Special Reports, Catherine Horton on fire today.