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Oct. 7, 2022 - Health Ranger - Mike Adams

02:01:54

Situation Update, 10/7/22 - Groundbreaking lawsuit filed against Peter Daszak, Ralph Baric...

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	All right, big breaking news, bombshell news here on Friday, October 7th, big breaking news, bombshell news here on Friday, October 7th, 2021.
	This is Mike Adams.
	Welcome to the Situation Update.
	I've actually, I'm interrupting myself.
	I've already recorded the whole intro to this, I mean like 45 minutes of this podcast, and then I got this news.
	And so I'm breaking in on my own thing here, and I'm putting this right at the beginning.
	Here it is.
	Attorney Thomas Renz has just filed what looks to be a billion-dollar lawsuit Against Ralph Baric, who I believe is the University of North Carolina, and also Peter Daszak of Equal Health Alliance.
	It's been filed in New York, Rockland County Clerk filing.
	It alleges that the defendants were responsible for the injury and or death of the plaintiffs due to their creation and subsequent release of SARS-CoV-2 from the Wuhan laboratories in China.
	This is a massive lawsuit.
	And when I say massive, I mean in terms of the massive amount of documentation that it contains.
	And I want to go through just a little bit.
	It is filed on behalf of at least one person who is deceased.
	And then also Geraldine Finn as executor of the estate of James Finn, also deceased.
	So I guess it's two deceased people.
	And it is filed against EcoHealth Alliance, Inc., Peter Dayzak, Janet D. Cottingham, also known as Janet Dayzak, Ralph Baric, W. Ian Lipkin, L-I-P-K-I-N, and John and Jane Doe's 1-1000.
	Which I assume would be named in Discovery.
	So, just to go through this a little bit.
	Now, I'm going to have Thomas Renz on sometime this weekend to help explain this lawsuit.
	He's agreed to come on if he can manage it.
	I mean, the guy is buried in work.
	That guy works probably more than I do.
	And I'm no slouch when it comes to getting things done, as you probably noticed.
	But Thomas Renz runs circles around me.
	Anyway, here it is, a table of contents to this lawsuit, which runs 48 pages, okay? 48 pages.
	Nature of the action, the parties, the plaintiffs, the defendants, EcoHealth Alliance, jurisdiction and venue, the factual allegations, which we'll get to here in a second, the release of the SARS-CoV-2 ultra-hazardous virus into the environment, plaintiff-specific allegations, tolling of the statute of limitations, causes of action, and then strict liability, breach of warranty, and so on, a bunch of other things, wrongful and then strict liability, breach of warranty, and so on, a bunch of other things, wrongful death, survival action, conspiracy,
	and demand for jury trial, and then a bunch of exhibits.
	So essentially what this is saying is that Peter Daszak and Ralph Barak Are allegedly responsible for the deaths of these two people.
	Now, of course, if this case moves forward, then, I mean, if this is accepted or if this goes through, it could establish a precedent that a whole lot of people are responsible for the deaths of, you know, tens of millions of people around the world.
	So as part of the factual allegations, number 34 says that in 2008, EcoHealth received funding specifically related to the gain-of-function research from two U.S. government sources, U.S. Agency for International Development, it's called USAID, through a five-year program called PREDICT and the National through a five-year program called PREDICT and the National Institutes of Health, the NIH.
	And then it received grants from the NIAID, which is run by Fauci.
	Too bad Fauci couldn't be named in this lawsuit.
	Related to understanding the risk of bat coronavirus emergence.
	And then it says that EcoHealth received a total of over $16 million in grant money from the NIH and the NIAID, which was directed towards gain-of-function coronavirus research.
	And then EcoHealth, this is claim number 36, EcoHealth was funneling to the Wuhan lab sub-grants, in other words, basically laundering money, to the People's Liberation Army-run Wuhan laboratory developing biological weapons. to the People's Liberation Army-run Wuhan laboratory developing biological weapons.
	So this was through subgrants and other U.S. taxpayer funds awarded to it by the NIH. These grants were used for gain-of-function research enabled by EcoHealth after receiving an NIH exemption from a 2014 moratorium.
	That place restrictions on gain-of-function research and funding.
	And then it says that EcoHealth then directed some of the funds for gain-of-function research to a bat virus researcher named Dr.
	Zheng Li.
	Remember the so-called Bat Lady from China, which violated the terms of the grant funding for which the exemption was obtained and so on, basically claiming that EcoHealth went around the moratorium and funded money to the Bat Lady, who was actually working for the People's Liberation Army to develop biological who was actually working for the People's Liberation Army to develop
	And then that Dr. Zeng Li at the Wuhan lab, in partnership with defendants that is claimed, you know, to be Peter Dezak and Ralph Baric, they were successful in developing a dangerous genetically modified coronavirus, SARS-CoV-2, that could jump species, could infect humans, and that could jump species, could infect humans, and seem to be resistant to treatment and prevention with vaccines.
	Now, I'm not reading every claim here, obviously, but one of them says that the plaintiffs allege that the virus is collected by Dr. Zeng Li, Zhengli were genetically modified through gain-of-function research, creating a lab-made SARS-CoV-2 virus, which caused an infection associated with fever and signs and symptoms of pneumonia and respiratory illnesses and so on.
	This could be transmitted from person to person through aerosol transmission when spread in the global population has caused significant public health consequences, etc., Importantly, defendants knew that their gain-of-function virus was ultra-hazardous and that exposure thereto would cause plaintiffs severe and permanent physical and emotional injuries and economic loss.
	At all times relevant here to, it says, SARS-CoV-2, also known as COVID-19, has been listed pursuant to 42 CFR as one of what is categorized as select agents because HHS has determined...
	That the virus, quote, has the potential to pose a severe threat to public health and safety and that it should be subject to strict biosafety and containment procedures because of the severe threat they pose to public health and safety.
	And there's more, but I'm not going to go into all that.
	You get the picture.
	Essentially, what is being argued in this lawsuit, at least as I understand it, but we'll ask attorney Tom Renz himself, Obviously, he's got all the details on this.
	But essentially, the lawsuit alleges that Peter Daszak and Ralph Barak and others, how many Jane and John Doe's were in there?
	Wait.
	What is that?
	One to 1,000.
	So there could be a lot more people involved here.
	that they knew that the money they received from the U.S. government was not to be used for gain-of-function research.
	They found a workaround.
	They violated the terms of the restrictions, essentially.
	They subcontracted or funneled this money to the Bat Lady who was working for the People's Liberation Army, although that's not mentioned in the lawsuit, just to be clear.
	But that's just additional information that we already know because the PLA was directing that laboratory, by the way.
	And that then the Bat Lady, working with EcoHealth Alliance, allegedly then created this biological weapon, which the FDA and other agencies have confirmed is a threat to public health, and that they then allowed this weapon to be released to the public through some means that I haven't and that they then allowed this weapon to be released to the public through some means and that therefore these individuals are responsible for the deaths of the plaintiffs.
	Who right now is two people, looks like, well, two people who died from exposure to COVID-19, okay?
	So that's the lawsuit in a nutshell.
	Now, let me share something with you that I know that the media probably doesn't know and probably won't report, but I know this because I'm in touch with Thomas Renz.
	And I'm not going to share anything that he hasn't made public.
	It's just that not a lot of people know this, although he has talked about it.
	He has a whistleblower from EcoHealth Alliance.
	He's got a whistleblower.
	Okay, now whistleblowers...
	Have certain specific federal protections under, I don't know if it's called the Whistleblower Act or what it's called.
	But federal whistleblowers have protections and they're also able to receive financial awards, by the way, if they blow the whistle on things like, you know, government fraud, you know, financial fraud or maybe in a corporation, something like tax evasion or things like that.
	So these whistleblowers do have certain protections.
	This whistleblower has brought to Thomas Wrens some information that I believe...
	Now, I haven't seen this information myself.
	I'm just aware of the existence of it.
	This information, I believe, is going to become part of this lawsuit, and some of it may be referenced in the actual text of this lawsuit.
	I haven't read, obviously, every word of this whole thing.
	It just came out.
	I mean, I just became aware of this, so I'm seeing this for the first time, too.
	But I would imagine, knowing Thomas Renz, I would imagine he's got some aces up his sleeve.
	And you can fill in the rest of that.
	This is bombshell, folks.
	And Tom Renz is an American hero.
	He's got incredible courage.
	He's a truth teller.
	He's an American patriot.
	He's a Christian.
	He is a man who is not easily intimidated.
	And he's decided to take a stand for the truth.
	He's filed this lawsuit.
	Now, will this lawsuit go anywhere?
	Well, you know, the first thing that's going to happen is the defendants, Ralph Baric and Peter Dayzak and maybe EcoHealth Alliance, they're going to hire some attorneys and move to have this dismissed.
	Under whatever procedures, lack of jurisdiction or whatever, or I don't know, it was an emergency, you know, just claim some government emergency.
	They're going to try to have it dismissed.
	Will that succeed?
	Maybe.
	Maybe not.
	I don't know.
	Depends kind of a lot on the court and the judge and whatever else.
	But even if it's dismissed, this warning shot has been fired, and this may serve as a template for other attorneys to file similar lawsuits.
	And the reason I mention this is because I believe a wave of lawsuits is coming, not just in the United States, but around the world.
	And these lawsuits are going to start naming people like Anthony Fauci or Rochelle Walensky of the CDC, going to start suing them personally For their roles.
	Now, you know the CDC has been involved in the cover-up.
	I'm talking about the cover-up of the V-safe information, which we'll get into here shortly.
	So the CDC has carried out what I consider to be a criminal cover-up, and that's on Walensky.
	I think Rochelle Walensky is a criminal cover-up.
	Who committed criminal fraud and conspiracy to withhold from the American people the truth about the extent of the injuries, hundreds of thousands of injuries, and also, of course, deaths, hospitalizations, and so on.
	She conspired to withhold that from the American people.
	That has just come out.
	She, in my view, is a criminal.
	So is Fauci.
	And yet, by the way, this case that's being filed is a civil case, not a criminal case, just to be clear.
	But I believe a wave of lawsuits is coming against hospitals.
	Remember, I interviewed two attorneys last week that are suing three hospitals in California and also a number of doctors, by the way.
	I think lawsuits are coming against hospitals, doctors, pharmacists probably related to the vaccine, CDC officials, FDA officials.
	Probably against world health officials and so on.
	And everybody that was involved in this research and in the money laundering or money funneling of this gain of function research.
	I think this is the beginning of something that's going to get blown wide open and is going to show that this was indeed a biological weapon unleashed upon the world in order to achieve mass death and economic destruction and Incredible human suffering.
	And to try to unseat President Trump, by the way, to try to interfere with the election and to enable massive vote-by-mail fraud.
	In fact, I think that was one of the primary reasons why this was released.
	I think this was designed to deplatform Trump from the Oval Office, frankly.
	And they did not care how many people they killed in the process.
	Wow.
	Now, related to all of this is the other bombshell that's come out this week, which is the release of the V-SAFE data, finally released by the CDC, which withheld this for over 400 days.
	They had to be sued by ICANN, the Informed Consent Action Network, and that's the group that's run by Del Big Tree of the High Wire, of course.
	And Dell's group, well, ICANN with attorney Siri.
	I'm checking his first name here.
	His last name is actually Siri.
	He is a kick-ass attorney.
	He's been suing the CDC. Well, the CDC finally released this data set.
	And let me just explain where this comes from.
	So there were...
	There were millions of Americans who were given this app to self-report injuries or problems that they experienced after taking the COVID vaccines.
	So when these people took these vaccines and they started to have problems, they plugged it into the app and that got reported back to the CDC. It turns out 782,900 people sought out medical attention or emergency room visits or hospitalization following COVID. The COVID-19 vaccine.
	And remember, this was only given out to a few million people.
	Another 2.5 million people reported missing school or work or other normal activities as a result of a health event after getting a COVID-19 vaccine.
	So it shows, again, that almost 800,000 people were injured.
	Another 2.5 million people were...
	Somewhat disabled or temporarily disabled, you might say, by this.
	The CDC had all this data, what, a year and a half ago, and they refused to release it to the public.
	And only after being sued by ICANN did the CDC release the data.
	Quote, it took numerous legal demands, appeals, and two lawsuits in over a year to Wow.
	Wow.
	Pretty kick-ass guy.
	Says that V-safe users reported about 71 million symptoms.
	Wow.
	Oh, and it also says here about 10 million people actually use V-safe.
	Okay, got that?
	So out of 10 million people, there were 71 million symptoms reported.
	My goodness.
	And frankly, almost 1 in 10 had to have medical attention.
	Really, I guess that comes out to, what, 7.7%.
	Unbelievable.
	And 25% of the people who took the vaccine had to miss school or work or could not perform normal life activities.
	Wow!
	You think this information would have been relevant or important to the American people before now?
	Shouldn't the media have told people about this?
	But of course, no.
	No, they covered it up.
	To me, that's criminal.
	This is a criminal conspiracy.
	And Rochelle Walensky is at the top of this.
	She should be indicted and prosecuted by the DOJ right now for criminal cover-up.
	Crimes against humanity, folks.
	The most common symptoms reported were chills, swelling, joint pain, muscle or body aches, headaches, fatigue, and general pain.
	Like, I hurt everywhere!
	Yeah, that's what happens when you're injected with a biological weapons system.
	Check my interview yesterday with Karen Kingston, by the way, if you missed that.
	About 4.2 million of the symptoms were severe.
	There were 13,000 children younger than 2 years old who were covered in the V-Safe data set.
	And out of those 13,000, they reported 33,000 symptoms, including pain.
	Yeah.
	2-year-old children or 1-year-old children suffering pain, loss of appetite, irritability.
	Del Bigtree said that the data, quote, reveals shocking information that should have caused the CDC to immediately shut down its COVID-19 vaccine program.
	Yeah, right.
	CDC did not respond to the Epoch Times for comment.
	I wonder why.
	And then Steve Kirsch, he's chimed in on this.
	He says, these are extraordinary numbers.
	They clearly show the vaccines are unsafe, that the CDC deliberately hid this information from the American public, and that the drug companies falsify the data in the trials.
	Boom.
	More criminal fraud, huh?
	Well, we've known this all along.
	You've known this all along.
	This just confirms that you were correct to say no to this vaccine.
	Just confirms it.
	These data clearly show that the CDC is not protecting the American people, writes Steve Kirsch.
	They're protecting the manufacturers of the vaccines.
	The mainstream media is ignoring this story.
	So is the mainstream medical community.
	None of them want the American people to know the truth about how unsafe these vaccines really are.
	And then Kirsch talks about how the Israeli government also hid their data, He said, like the CDC did with V-safe, the Israeli government hid all of their safety data from the Israeli people until someone leaked a video of the Israeli officials discussing how disturbing the safety data was.
	The press refused to cover the story.
	There was no investigation as to why this important safety data was kept secret, and nobody in Israel is calling for an investigation either.
	They don't want to know because it would make them look bad for pushing the vaccines on everyone.
	Yep.
	CDC never released this data.
	All requests have been ignored.
	It's never been even summarized for the American people.
	So now we know the truth.
	The CDC ran a criminal conspiracy cover-up.
	That's a fact.
	They withheld the data because it was so damaging.
	Because it would have encouraged people to say no to the vaccines.
	And recall what I said yesterday on this very podcast.
	This has never been about immunization.
	Never.
	They never cared about public health.
	This wasn't about helping people avoid a deadly disease.
	Nothing of the kind.
	This was about not immunization, but installation.
	That is installing some exotic technology platform in people's bodies by pretending that it was a vaccine and then burying all the data that showed it to be harmful.
	That's what this is.
	And we still don't know the final reason why they needed to install this exotic tech, nanotech operating system into the bodies of billions of human beings on planet Earth.
	What is the endgame there?
	We covered a few theories of what that might be yesterday with Karen Kingston.
	Maybe it's genocide.
	Maybe it's external control.
	Maybe the human bodies are being used or exploited as hosts to grow some biosynthetic parasite AI-controlled system of some kind that we don't even understand.
	Maybe.
	That's a theory.
	But we know it wasn't about public health.
	We know it wasn't about immunization.
	And we know they hid the truth about how harmful this was.
	Folks, We're talking about high-level criminals at the CDC, in Big Pharma, in government, the World Health Organization, high-level criminals who are part of a real-life global conspiracy to infect billions of human beings with a transhumanism,
	unsafe nanotech platform Operating system that could be used for some yet unknown nefarious purpose.
	That's what this is.
	And it's now as clear as day.
	Billions of human beings have been, they've had the system installed in their bodies.
	What happens next?
	We don't yet know.
	But believe me, it's not going to be pro-human.
	It's not about public health.
	That much is clear.
	Now, with that said, I'm going to go ahead and bring in what was the original intro to this podcast now.
	So this is my 24-minute interruption of my own podcast with the breaking news, okay?
	So next you're going to hear me reintroduce the podcast and start to cover today's news from the beginning.
	And then we'll have at least one interview after that.
	So here we go.
	Okay, I'm going to start out by bragging on you, the listener.
	This is the Situation Update Friday, what is it, October 7th, 2022.
	Mike Adams here.
	I got to tell you, you're awesome.
	And the way I know this is because every time I bring on a guest or I have a sponsor or anybody that you, the listener, interacts with, Literally every time, a day or two later, they call me or they text me and they're like, this is unbelievable, Mike.
	Your audience is amazing.
	They have the best questions, the best comments.
	They're the most informed.
	They know what they're talking about.
	And I'm like, yep.
	Because I hear this all the time.
	I probably haven't told you enough.
	But seriously, you're awesome.
	You're extremely well informed.
	And, you know, look, this podcast is for wise people, high IQ people, people who want to make it through what's coming and who don't want to live in an oblivious fashion.
	It's just, you know, we are a pretty special community here.
	I just want you to know that.
	And even the other guests, like Dan from I Allegedly, he called me.
	He's like, your people are the best.
	I've been reading their comments, you know, and they say that they listen to you.
	They heard me on your podcast, and then they have this in-depth analysis.
	They're awesome.
	So, yeah, good job.
	You're rocking it.
	All right, now that said, I want to play a video for you of somebody who's not an A-plus student in the classroom of life, shall we say.
	This is amazing.
	This is amazing.
	You know how driving while medicated is a problem?
	It's not just driving under the influence of alcohol.
	I'm talking about driving while medicated, right?
	It's a lot of that.
	And we've also heard about vaccines, you know, people who are vaccinated and so on, who have blood clots and cause lots of accidents.
	That's a sad thing.
	But driving while medicated is a major problem in the United States.
	And I got a video for you here today.
	Found this on Citizen Free Press that shows you a woman in California who Who was driving on three tires and one totally broken, non-existent wheel on the highway and had no idea what was happening.
	But when you watch this, wait to the very end because it's quite hilarious at the very end.
	Check this out.
	What the heck is going on right here?
	This person's sparking all doors open right here.
	I cannot believe this guy's car is even going down the 405 freeway, but he's making it happen here on one wheel, apparently.
	Rather dangerous situation happening here on the 405.
	Tailgate open.
	There's no tailgate party going on in sight, but this guy is just letting it all hang loose right now.
	Front wheel is definitely out.
	Now let's see what this person's smoking.
	Bam.
	Bam.
	What are you doing?
	Get off the road.
	Miss, get out of the car.
	Are you on drugs right now?
	No, not at all.
	My car gave out.
	I mean, I had somebody help me before and apparently the brake did not stop.
	Do you know you're driving on three wheels right now?
	Your wheel's completely out.
	You just crashed into this gentleman right here.
	You're a hazard.
	You're on the freeway.
	Hey, the mice on the freeway.
	On the three wheels.
	You need to get out of the car.
	I will.
	Just leave the car.
	Just get out of the car, miss.
	Just leave the car.
	You're on drugs right now.
	You're on painkillers.
	Yes, you are.
	Oh my god!
	You are on some drugs right now.
	Oh my god, absolutely not!
	Put your car- Oh my god, do you see?
	She's got the pink pills and the blue pills and the powder.
	Where's all the pill powder coming from on the seat right there?
	And then she's telling the guy she's not on drugs, has no idea she's driving on three out of four wheels.
	And frankly, I think this is a great metaphor for Joe Biden and the United States economy.
	I think the U.S. economy is on three out of four wheels, and the fourth wheel is throwing sparks, which couldn't possibly be dangerous in a combustion engine vehicle carrying highly explosive gasoline, could it?
	No, that couldn't be dangerous at all.
	Just cruising down the 405, man, throwing sparks everywhere.
	Anyway, the guy who filmed this video, great response.
	He's like, hey, get out of the car.
	You are a hazard.
	That's what we all need to be saying to Joe Biden.
	Get out of the White House.
	You are a hazard.
	You're going to wreck the country.
	Get out.
	My goodness.
	But, you know, in the context of how I opened this podcast today...
	You know, you listening to this, you're extremely well-informed, and yet we encounter these people who are on drugs or medicated or just stupid, just driving around, ready to explode, right?
	Or to wreck into people.
	How is she supposed to control her vehicle for braking or turning or anything?
	I mean, did she not notice that it's driving kind of funny?
	You know, it seems to pull to the right for some reason.
	I'm not sure.
	I'm just going to aim it to the left and go.
	But there are people like this everywhere, and I ask you, what do you think the chance of survival is for someone like that in the coming economic collapse?
	You know, how well do you think people like that are going to do?
	They're going to die.
	I mean, there's no other way to say it.
	It's just that they're not going to make it.
	They can't even function when everything's fine, much less try to function when things have all gone wrong.
	And so that's the lesson in all of this.
	We need to look around us.
	I want you to look around.
	Use this as a metaphor.
	Ask yourself, who's driving on only three wheels in a four-wheeled vehicle?
	Who's doing that around you, metaphorically speaking?
	You know, who's not prepared with extra food?
	Who's too deep in debt and just can't get out of debt, and the debt is just, you know, killing them, financially speaking?
	Who's so woke that they're not even living in reality anymore?
	They can't process reality?
	And a lot of other examples like that.
	But people – or how about people who live in cities and don't own some kind of self-defense weapon, you know, a firearm or ballistic vest or whatever?
	You're living in a city and you don't have a firearm?
	You're driving on three out of four wheels.
	Or you might be driving on two out of four, actually, come to think of it.
	Or people who don't have any kind of preparedness plan or a bug out plan of any kind.
	Got nothing.
	No water filter.
	No iodine.
	No ammo.
	Nothing.
	They're not going to make it, folks.
	No garden seeds.
	Don't even know how to grow plants or seeds.
	They're just not going to make it.
	So keep that in mind as we process the world around us because we, you listening to this and myself, we are part of a special kind of club.
	Like a private membership club, so to speak, even though it's open to anybody who wants to listen.
	But it's still kind of a club.
	We are the club of the ultra prepared, ultra aware, ultra informed.
	And we're the ones who are going to be able to navigate this and make it through.
	And ultimately help rebuild.
	And isn't it great that we are good people, that we are honest people, ethical people, that we have Christ in our lives, most of us, not everybody who listens is a Christian.
	But even those who aren't tend to be very moral, very upstanding people.
	very cognizant human beings who have compassion for other living systems and so on.
	So I think it's great that we're the ones who are most likely to survive.
	And I also think it's interesting and perhaps ironic that the Satanists in society, you know, the pedophiles, the groomers, the child rapists, the child murderers, the abortionists, whatever, those are the ones who are the least likely to survive.
	Think about it.
	They are the people who are most strongly opposed to prepping, right?
	They don't own any gold and silver, that's for sure.
	They're just not ready for anything to happen.
	And so...
	It's interesting that the crazier events get in the world, and the more pressure there is from a survival point of view, with starvation and economic collapse and so on, you're actually going to see a higher percentage of demonic...
	Pedophiles and wokesters and whatever, those are the ones who are going to die more than anybody else.
	And I don't want anybody to die, just to be clear.
	I'm not wishing for that.
	It's just a matter of fact of what's about to happen.
	So the demographics are going to change substantially.
	And for those of you worried that the woke left is going to take over America, I got two pieces of news for you.
	Number one, the woke left is going to mostly die off over the next several years as all these major events take place, including possibly nuclear war and so on.
	And secondly, Democrats were trying to bring in all these Latinos that they thought were going to vote Democrat, and it turns out Latinos are increasingly voting conservative because they're pro-family.
	They don't like the grooming and the pedophiles and the drag queen story hour with the demon horns and all that stuff either.
	So the Latino community is becoming increasingly conservative.
	And I'll tell you, the Latino community people that I interact with, they really reflect American values.
	They want to work.
	They want to save money.
	They want to send their children to good schools.
	They want to protect the family unit.
	Most of them are Catholics.
	They go to church.
	They worship.
	They want to fulfill the American dream and they're willing to work to do it.
	Meanwhile, a lot of the younger generation of Americans born in America, they've stopped being Americans in the sense that they don't want to work.
	They hate America.
	They hate the flag.
	They hate the Constitution.
	It's like they're not even Americans anymore.
	Seriously, a lot of the real Americans are the recent immigrants who are becoming conservatives.
	So there you go.
	I mean, it is a replacement theory, not even a theory, it's a replacement strategy.
	It's just that it's backfiring on the Democrats, you see.
	A lot of the replacements are going to vote, you know, conservative or maybe libertarian, but certainly fewer and fewer of them will vote Democrat.
	Now, I mentioned preparedness in terms of gold and silver.
	I've got intel for you today to share with you.
	Now, you know how...
	Well, this is going to speak to the coming massive shortage of gold and silver coins.
	Because it turns out that a lot of the mints that operate in Europe that would normally be manufacturing these coins, they are no longer taking any orders for 2023 to produce these coins.
	And why?
	Well, because the mints have to use either natural gas or electricity to melt the metals.
	You know, you have to melt them and then stamp them and so on.
	There's a lot of machinery involved.
	Well, what's happening in Europe, right?
	No gas and also electricity prices are through the roof.
	So, as of right now, I'm told by a very reliable source that many of the mints in Europe are not taking orders, anything past the end of this year.
	No orders in 2023 are being accepted currently.
	Not every mint, but some mints, or most of them.
	But this will probably spread to other mints.
	And we could be looking at a year of no coins being minted in Europe.
	Not even in, you know, in London.
	So much for the Queen's coins.
	Well, I guess not going to make coins with the Queen anymore since she's no longer with us.
	But you get my point.
	No more silver coins until the energy crisis is solved, at least out of Europe.
	Obviously, the U.S. mints may still function and elsewhere in the world, but not Europe.
	So that's going to add to the shortage that is already extreme.
	Did you know that the premium on silver coins for certain coins like the U.S. eagles, U.S. mint silver coins, is some crazy number like almost 80%?
	Yeah, or 75%, something like that.
	Where a spot price, let's say, is $20, and then the premium on the coin is $15 on top of that.
	So the coins run $35, but 20 is for the silver, 15 is for the premium.
	Why is the premium so crazy high?
	It's never been this high before.
	Why?
	Because everybody wants the silver, and there's just not enough to go around.
	There's not much out there anymore.
	So I actually texted my friends over at Treasure Island, which is the sponsor for this podcast and for Brighteon, you know, the precious metal sponsor.
	And I said, do you have anything?
	What do you have?
	What's happening in the industry?
	And they said, yeah, there's not much available.
	They do have a few thousand coins right now of the one ounce Great Britain's silver Britannia's.
	That are dated 2022.
	And those do have the Queen on them, by the way.
	If you want, like, the last coins of the Queen, this is it.
	They got a few thousand of those.
	You can reach them at metalswithmike.com, of course.
	They've also got, check this out, they've got Germania Mint Kilo Silver Bars.
	So you can get a 1 kilo silver bar.
	You can get a 100 ounce silver bar.
	You can get a 10 ounce silver bar.
	They've got all those in stock.
	Or you can get some of these Britannia coins.
	And they've got other coins inbound.
	They say you'll just have to check with them, but there's not availability right now of U.S. Mint Silver Eagles unless you just want to pay through the nose crazy, crazy high prices, which personally I would not recommend getting the U.S. Mint coins.
	You get a lot more silver if you get the other coins, such as kangaroos and things like that.
	So that's the way to go right now, just bulk up on silver without paying the premium, or paying a much smaller premium, I should say.
	Anyway, their website is metalswithmike.com.
	At least that will forward you to them.
	And as you know, they don't pay us any commission.
	We don't earn any commission.
	Their prices are really, really good.
	Now, why does all this matter?
	From CNBC, Bank of England says pension funds were hours from disaster before it intervened.
	So the Central Bank's Financial Policy Committee stepped in after a massive sell-off of UK government bonds, known as GILTS, G-I-L-T-S. Following the new government's fiscal policy announcements, the plunge in bond values caused panic, in particular for Britain's 1.5 trillion pounds in so-called liability-driven investment funds, LDIs.
	Which we'll just call LSDs because I think these people are on drugs if they think that this is ever going to pay them back.
	So there we go.
	There were too many guilts.
	Ha ha!
	Which sounds about right.
	There's too much guilt in London, and it almost crashed the system because everybody was on LSD. That's pretty much the news.
	And then they bailed it out with money printing, which means they're smoking crack.
	So that's my analysis of what just happened with the Bank of England and London and the pension collapse that very nearly happened.
	And then they're not going to make any silver coins for the next year.
	So what could possibly be wrong with this picture?
	Yeah, they're driving on three wheels, throwing sparks all over the roads of London, just waiting for things to catch on fire.
	They're arsonists.
	Now, speaking of being on drugs, by the way, Joe Biden just announced a full blanket pardon for anyone who's been convicted of, quote, simple marijuana possession under federal prosecutions.
	My understanding is this affects several thousand people, something like maybe six or seven thousand people.
	So these are not state prosecutions, federal prosecutions.
	So Joe Biden says, you're pardoned.
	But you know what's interesting to me about this?
	I mean...
	First of all, I don't think anybody should be arrested for possessing some small amount of cannabis if that's what they're into.
	I'm tired of the police state existing for all of this.
	So yeah, actually, it's good to not criminalize small amounts of marijuana possession.
	But why is cannabis still a Schedule I drug listed by the DEA where people can be arrested for selling or possessing CBD? So they're letting people off who are smoking pot, but technically people can still be arrested for just having cannabinoids or CBD oil or selling it or buying it or possessing it.
	So the criminalization is still there.
	They need to revoke the criminalization of cannabis, in my opinion, and just say, hey, if you want to possess some or if you're into CBD oil, that's your deal.
	Go for it.
	Because this is not crack.
	This is not LSD. This is not heroin.
	And we don't want to let the police state have any more funding or any more excuse to run around raiding people's homes with no-knock raids and all that garbage.
	But, also at the same time, if we're pardoning people, Biden, shouldn't he pardon all the J6 guys, mostly guys, some gals, who've been arrested and rotting in jails in D.C. for merely peacefully protesting an illegitimate government and a rigged election?
	And yeah, I understand there might be a few people who did some small amount of property damage or broke a window or whatever.
	Well, Black Lives Matter got let off for all that stuff.
	Almost nobody was prosecuted unless they actually attacked a police officer or something, which, yeah, that's a crime.
	But for just breaking a window, okay, fine them $1,000, make them pay for the window, make them actually repair the window.
	Or if somebody was trespassing into the office of Nancy Pelosi, hey, Isn't that supposed to be a public office anyway?
	Isn't it we the people who pay for all that?
	That represents us.
	But okay, somebody trespasses.
	Well, what do you normally do for trespassing?
	You escort them off the property.
	You write them a ticket.
	You make them pay a couple thousand dollar fine.
	Whatever.
	We need a pardon for all the J6 people.
	That's it.
	Just pardon them.
	Obviously, that's never going to happen under Joe Biden because he's pardoning the marijuana possessors instead, but not J6 people.
	That'll never happen under Biden.
	But you know, interestingly, Trump said that if he gets back into the Oval Office, he will pardon the J6 people.
	That's still, if that even happens, that's probably a couple years away, I would imagine.
	So not a good scenario if you're a J6 person sitting in jail right now and there's a lot of torture going on there against those people because we're living under an authoritarian tyrannical regime that carries out torture against political dissidents, by the way.
	Yeah, in case you didn't know, but it's a very sad situation.
	Let's pray for those folks and let's pray that Joe Biden is removed from office, maybe by his own party, or that he resigns or something.
	And let's pray that the rigged election is overturned somehow by some miracle.
	And that Trump carries out the rest of his remaining term, and then we'll have new elections in 2024, and maybe Ron DeSantis will be president then.
	You know, Governor Newsom in California is going to be running in 2024, it looks like.
	You don't want Governor Newsom Grusom, or Grusom Newsom, also known as Governor hairdo.
	You don't want him in office.
	That'd be the worst thing ever.
	Anybody but Newsom.
	But anyway, it might be DeSantis.
	We'll see.
	Now, speaking about Europe again, here's an article from Remix, RMX.News.
	Germany could go from, quote, industrial country to an industrial museum due to worsening energy crisis.
	And this is the warning issued by the president of the German Chemical Industry Association.
	His name is Markus Steilemann.
	According to Markus, as written in this article, Germany is at risk of frequent power shortages because renewable energy is insufficient to meet the country's energy needs.
	Oh, really?
	Really?
	The wind farms didn't do the trick?
	He says that in order for Germany to run on wind power, that Germany would need to build 10 wind turbines daily.
	And by the way, I love the fact that this article did not call them windmills because they're not mills.
	They're not milling corn.
	They are wind turbines.
	So that's great to see that word used correctly.
	They got to build 10 wind turbines daily to implement this energy transition.
	And it says that every turbine needs 4,000 tons of steel.
	Did you know that?
	4,000 tons of steel?
	Did you...
	I had no idea that it was 4,000 tons in one wind turbine.
	He says, 4,000 tons of steel, that's half an Eiffel Tower.
	That means you've got to produce five Eiffel Towers every day.
	And you've got to do that for the next eight years.
	And then he says, I'd like to see how we can get that going.
	Yeah, okay.
	Yeah, just produce half an Eiffel Tower every day.
	For the next 8 years and do it while electricity prices are 1000% higher and while gas has been shut off because of the Nord Stream pipelines and Gazprom and Russia and all that.
	So you understand that Germany no longer even has the industrial output capability to build the wind turbines to complete the transition to green energy.
	This is what, you know, Greta never understood when she was screaming, how dare you?
	Who's going to build all this?
	Who's going to build all the wind turbines and all the solar farms?
	And who's going to mine all the minerals for that?
	And who's going to produce all the iron ore and all the steel?
	So that you can build that green infrastructure.
	You're going to have to use a lot of fossil fuels in order to produce the materials to build the green energy infrastructure.
	In the meantime, your electricity just went up 1,000%, and all your gas just got cut off.
	As we talked about yesterday, September was colder than usual, so gas usage in Germany was up 14.5%.
	Over the last four years of September's.
	So, it doesn't look like the German people are conserving gas, does it?
	When it gets cold, they're just like, turn it up.
	Just crank the gas, man.
	It's getting cold.
	What do you think they're going to do in January?
	And how is Germany going to produce 4,000 tons of steel every day?
	It's just, ugh.
	So, Stileman says here, quote, our companies need air to breathe quickly.
	We cannot wait for anything or anyone anymore.
	It's about saving the industrial structures that make our prosperity possible.
	Oh, I'm sorry.
	That's a quote by Entrup.
	Who is that?
	Oh, the managing director of that organization.
	Wolfgang Entrup.
	That's his name.
	So, let's see.
	The federal government must drastically increase the pace of expansion.
	Otherwise, the goal will not be achieved.
	Yeah, the goal of transition.
	And then...
	Let's see, another guy, Matthias Fredericks, the head of the Building Materials Association, is demanding that Habeck, that's the energy minister, and Chancellor Olaf Scholz connect all available capacities for generating electricity to the grid, including nuclear power plants.
	Otherwise, he said, quote, there is a risk of bankruptcies and immigration.
	He means people moving out.
	Immigration with an E, like people fleeing Germany.
	So in other words, the only way for Germany to have enough green energy to power its economy is to greatly expand its non-green energy infrastructure.
	You know, the industrial base right now and burn a whole lot more electricity and a whole lot more probably coal and natural gas in order to manufacture the green energy infrastructure.
	And yet it's already too late because no sources of energy are abundant or affordable at this point.
	In other words, they're done.
	They're done.
	Germany's industry is done.
	It's just going to shut down.
	It's going to go bankrupt.
	It could be 50% of the companies just shutter and never open their doors again.
	That's exactly where this is going, by the way.
	And it's only October.
	Hence the title of the story that Germany is going to become a, quote, industrial museum.
	When you go tour Germany in the years ahead, you know, after World War III, if anything's still remaining, if Germany is safely navigable without encountering radiation, then you're going to walk through the streets of Germany.
	Look, that used to be Basif over there.
	That was a massive chemical manufacturing facility.
	Look how big that was.
	It was shut down in 2023.
	We'll never reopen again.
	We scrapped out all the metal for parts.
	Oh, that company over there, yeah, they used to make aluminum.
	When Europe had aluminum, it was made right there.
	Now it's also shut down.
	Basically, we auctioned it off for scavenging operations, and it went in, cleaned the place out.
	And then that smokestack over there, that was a copper smelting plant.
	That's done.
	Totally done.
	There's no more copper in Europe.
	That was before the collapse.
	It'll be called European Tours, the New Dark Ages.
	2023 through 2052 or whatever.
	Not looking good.
	Hey, did I mention I have two interviews tonight?
	No, this is crazy.
	I'm only going to include one of them here, and I'm not sure which one yet.
	I'm going to do both interviews and just see which one I think is the better fit for the current topics.
	But I know, I mean, both of them are going to be just stunning.
	So I'll just leave it at that.
	Whatever interview I don't include in here, you're going to want to check it out separately.
	And you may wonder, why am I interviewing two people now on one day?
	Well, I had to reschedule one person from before, and I didn't want to push it out to the next week, so I'm just doubling down, just doing what it takes to get all these interviews done.
	But yeah, stay tuned, because one of them is going to be pretty awesome here, and another one will be posted separately.
	Now, Epoch Times reporting the U.S. buys $290 million worth of drugs in preparation for nuclear emergencies.
	This is Health and Human Services.
	And when they say drugs, I'm pretty sure they're talking about mostly iodine.
	Let's see what this says.
	Oh, wait.
	No, it's not iodine.
	It's a drug called N-plate from Amgen, USA. This must be something about restoring your blood.
	Let's see.
	N-plate.
	It's being purchased by the Strategic Preparedness and Response Division or an agency within HHS. So it's the ASPR, which most Americans have never even heard of.
	Endplate is the trade name of Romiplostim.
	I don't know where the emphasis goes.
	This is approved by the U.S. Food and Drug Administration to treat blood cell injuries that accompany acute radiation syndrome in adults and children.
	ARS, that's called ARS, Acute Radiation Syndrome, also known as, quote, radiation sickness.
	All right, this occurs when a person's body is exposed to a high dose of penetrating radiation.
	Hmm.
	So they're buying $290 million of end plate here.
	Man, that's crazy.
	That's on top of, I know they've been buying iodine previously, by the way.
	So you have to wonder, what are they anticipating where they think they need $290 million worth of end plate drugs to treat people with radiation sickness?
	Well, not hard to connect the dots on this one, is it?
	Do you realize that if you're so irradiated that you need end plate drugs, it's bad.
	Things have gone terribly wrong.
	That's right.
	And if you're waiting in line for end plate drugs while your face is melting off in the parking lot of an overrun hospital, it's a bad scene.
	Try not to be in that situation.
	And it is my assessment that the first targets, well, I should say also it's Steve Quayle's assessment, he's the one who deserves credit for this, that the first targets are going to be U.S. military bases and infrastructure targets.
	In other words, he believes, and I know that other people share this belief, that yes, Russia's going to nuke the United States, but Russia's not going to just target civilian cities for the sake of just killing people.
	Rather, Russia is going to target military bases, which is military ports as well, military command center bunkers like in Colorado, and missile silos, and also then infrastructure such as financial infrastructure, Wall Street, ports, probably municipal and also then infrastructure such as financial infrastructure, Wall Street, ports, probably municipal water systems, and definitely electrical and power grid They're going to try to bring America down.
	Now, there's probably going to be an EMP weapon launched first just to push America into the Dark Ages.
	We'll join Europe.
	We'll both be in the Dark Ages.
	And then the hard nukes will come.
	And what you've got to understand about these nukes is that in order to have what's called bunker-busting capabilities or bunker-buster nukes, It has to be a very high-yield nuke or a series of them where the first one blasts a giant crater.
	Well, let me interrupt myself.
	So they're trying to blast apart an underground bunker that might be 100 feet below ground or maybe more.
	There are underground cities and military installations and so on.
	Stockpiles, all that.
	And in order for, let's say, Russia to blow those apart, they have to have a series of...
	Well, nuclear explosions, where the first one maybe penetrates 100 feet into the earth, and then the second one goes another 100 feet, and the third one, and so on.
	There's a series of detonations of very high-yield explosive weapons striking the same location, which might be a mountain, a particular mountain in Colorado that everybody knows about.
	Now, This is going to unleash a massive amount of radiation because they're high-yield nuclear weapons.
	So radiation, let's say near Colorado Springs, Colorado, that radiation, where's it going to go?
	Well, it depends on the wind patterns, right?
	So there's a great website called windy.com.
	W-I-N-D-Y, just like it sounds, like a windy day.
	Just go to windy.com and it immediately shows you all the wind patterns.
	Wherever you're looking at.
	You can go all over the country or other continents as well.
	You can track hurricanes, all kinds of stuff.
	It's great.
	Windy.com.
	So you go there and you notice that a lot of times the wind in central Colorado is coming from the south.
	But other times it's coming, blowing out of the north.
	And then at certain times it's blowing often from west to east.
	And sometimes east to west, whatever.
	But that's obviously where the radiation fallout cloud is going to go.
	And it could go anywhere just depending on the weather of that day.
	So in other words, people could get blasted with radiation in Wyoming.
	Or it could be Utah.
	You know, it could be Kansas.
	It could be, you know, just depends on the wind.
	So now you understand why Health and Human Services is buying $290 million worth of end plate.
	But how much you want to bet they're going to prioritize treating, you know, government people?
	Not the public.
	I think they want the public to die.
	That's the whole vaccine agenda there.
	I think these drugs are for the elite.
	I think they're going to take these drugs and stuff them into their own underground bunkers.
	You know, the places where they're going to hide when the nukes begin.
	But I wonder, you know, I wonder how end plate...
	Man, you'd have to have a high dose of radiation.
	You'd have to be really close to the blast zone to need a drug like that.
	But I wonder how that compares to more traditional things like Japanese people eating miso soup, you know, or taking pectin to try to get the radiation out of the food.
	Or, I don't know, what else did people do to try to recover from radiation damage?
	I mean, your body can recover.
	You do have DNA repair mechanisms, but you know what?
	Vaccines suppress that.
	Remember how we've talked about that.
	N-H-E-J, non-homologous end-joining N-H-E-J. Remember the chromosomal repair mechanism that's built into your cells?
	Oh, but it's disabled by the spike protein.
	And I've talked about this before.
	So if America gets nuked, and maybe I should have let off with this point.
	If America gets nuked and there is some amount of radiation that blows over populations, guess who's going to die the most?
	Vaccinated people.
	Because they can't repair DNA damage.
	You realize that?
	Vaccinated people.
	The spike protein does this.
	You know, the spike protein disables the chromosomal repair.
	And, you know, radiation from nuclear weapons is deep penetrating ionizing radiation that causes the double strand breaks as they're called DSBs in your chromosomes.
	When you have a double strand break, something's gone horribly wrong.
	Your body has to guess and figure out, like, what goes together here, you know?
	Where's the other end of this?
	It goes searching for the other ends of the chromosome strand.
	It's like, I think this fits.
	Duct tape that together?
	Yeah, that's what your cells are doing.
	Just playing with duct tape, pretty much.
	You know, right after a nuclear weapon drops in the city near you, that would be a good time to remember to not take COVID vaccines.
	Or it's a good reminder to have never taken such vaccines, or frankly, maybe any vaccine.
	But if that's not exciting enough, check this out.
	Here's an article from thedrive.com, which has a sub-site called The War Zone, and they cover kind of war technology.
	Exotic weapon systems and things like that.
	They've got something there that's beyond crazy.
	They've got a rifle carrying robot dog that is being deployed and dropped off by a drone.
	So the drone comes in, carrying the robot dog, lands somewhere, drops off the dog, the drone takes off, and then the dog is cruising around, you know, a creepy robot dog with a gun, shooting everybody in sight.
	This is China's new weapon.
	I want to show you this video while I talk about it.
	Alright, check this out.
	I know this video is kind of grayish looking, but here's the drone flying in.
	And this is from some kind of military defense company out of China.
	And you see it's carrying this cargo, which is this robot dog.
	And this is a pretty heavy-duty drone.
	You know, obviously this robot dog with a gun on it is not a lightweight thing.
	So the drone drops it off, disconnects.
	The drone takes off to go get another robot dog, probably.
	Because it's going to be, you know, when they do this to attack America, they're going to have robo-dogs all over the place.
	Oh, here's another angle showing, there's landing, disconnects, and then takes off, and then watch, the robot dog springs to life with its rifle.
	I wonder how much ammo it carries, but here we go, the dog, oh, dog's waking up, zoop!
	Oh, creepy robot dog activated.
	And now there it is.
	It looks like a hundred round magazine on top of that thing.
	It's ready to start blasting, quote, the enemy, which is going to be you and me, because this is built by China.
	So, folks, folks, remember when I told you, you're going to have to learn how to kill robots, you know, because the war against humanity is coming.
	Let's see.
	Yeah, this seems to be from Kestrel Defense Bloodwing, whatever that is.
	And it's affiliated with Chinese Kestrel Defense Company known as China Kestrel Defense.
	Okay, whatever.
	I don't know what bloodwing means, but there you go.
	Flying doggy terminators with guns.
	Yeah, what could possibly go wrong?
	And they'll deploy these after the nukes fall.
	You know that China and Russia are going to coordinate their attacks on America, right?
	I assume everybody knows that.
	It's going to be, of course, Russian nukes and then Chinese personnel on the ground.
	Because China's got millions of people who can be the army.
	Russia does not.
	But Russia has thousands of ICBMs and nukes that China does not.
	So they're going to have to work together.
	It's going to be Russian nukes followed by Chinese troops.
	Probably starting with the West Coast.
	Just letting you know.
	Think about that.
	If you're still living on the West Coast, make sure you have a bug-out plan that can work more quickly than the invading force of Chinese troops.
	Just stay ahead of them.
	And by the way, they can also put RPGs on these robo-dogs, you know?
	RPGs, other kinds of anti-tank weapons systems, things like that.
	It doesn't have to be a rifle.
	All kinds of different robo-dogs.
	All right, folks, we're about to jump into an interview with Tom Wongo.
	He's an economist, an analyst, and I think he's brilliant.
	And he's got the best analysis of what's actually happening in Europe and the Federal Reserve at war with European banks.
	In essence, American dollar hegemony at war with the euro itself, the very viability of the euro and the EU. We're talking about currency wars on a global scale.
	We're going to bring in Tom Luongo here shortly.
	And it should be one of the more fascinating interviews that we've had in a while.
	Although, I've got to say, we have awesome interviews every day.
	Have you noticed that?
	It's like every day is something just mind-blowing.
	It's even blowing my mind.
	I'm so glad I'm inviting all these people for interviews because I learn something every day.
	And today's podcast, before we get to that, is sponsored by the Satellite Phone Store.
	Remember, they've got about 1,000 sat phones coming in.
	I don't know if they're all spoken for yet, but these are the InMarsat satellite phones, which have been almost impossible to get this entire calendar year.
	They've got about 1,000 coming in.
	I think they're arriving end of this month or early next month, some kind of timeframe like that.
	You can pre-sign up for those if they have any left.
	I should have checked, but just go to sat123.com, contact them, see if they've got sat phones left if you want to get one.
	If not, they have the bivvy sticks in stock right now, which is the two-way satellite text messaging system that is fantastic.
	That's the one that my border patrol guys are using to nab a bunch of traffickers coming across the southern border.
	Remember that interview I did?
	Yeah, it's a very effective technology.
	They've also got push-to-talk satellite walkie-talkies that are available.
	Although they are quite expensive and normally you need to get five of those for it to make economic sense.
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	Find all of that plus the EcoFlow solar generators or power storage devices at sat123.com.
	Now with that said, let's jump into this interview with Tom Luongo and see what intel he's got to share with us about what's going on with Global Currency Wars.
	All right.
	Welcome, folks.
	Mike Adams here, the founder of Brighteon.com, and we are joined today by a very special guest, someone I'm so impressed with.
	I'm so glad he's able to join us.
	This is the first time I've been honored to interview him.
	His name is Tom Luongo.
	His website is TomLuongo.me.
	He's the author of Gold Goats and Guns, and he has got a whirlwind of knowledge to share with us about finance and currency and so much more.
	Mr.
	Luongo, it's an honor to have you on.
	Thank you for joining me.
	Thank you, Mike.
	The pleasure is all mine.
	Well, I got to say, I'm so glad I heard your interview recently with Sean over at SGT Report.
	I was blown away by what you had to say.
	And I want to start with, in fact, one of the key points of that interview, which was, I believe, you can correct me if I'm saying this incorrectly, but I believe you were talking about how the U.S. Federal Reserve appears to be at war with the euro currency and the ECB itself.
	Can we start there and give us your thoughts on that?
	Sure.
	That's the big one, right?
	That's the one that's got everybody kind of scratching their heads or yelling at me or just dismissing me outright as some kind of like, you know, former libertarian, now fed chill or something, however you want to put it.
	What started for me is I started mapping the incentives of the people involved in all of this.
	So if we look at the World Economic Forum, that's their real goal.
	Their real goal is the end of commercial banking.
	Through the advent of a central bank digital currency, which is fully programmable, that will allow them to track us at all of our transactions everywhere we go.
	Sure, 100% tax compliance and basically, how I like to put it, minority report with more Germans.
	And that's the kind of the basic thing.
	So when you start thinking about that, you ask yourself, well, who's the most powerful political lobby in the world?
	The U.S. banking system.
	Who controls the most powerful central bank in the world?
	The New York banks, who are the shareholders in the New York Federal Reserve, and therefore everything else, right?
	And yeah, there's Wells over the San Francisco Fed and blah, blah, blah, blah.
	But really, the New York Fed is the most powerful of the 12 regional central banks that make up the Federal Reserve.
	And so the shareholders of the Federal Reserve, they're the ones who appoint the Fed chairman.
	They're the ones that really, at the end of the day, set policy.
	In the same way that California tries to set policy for the rest of the United States, or Germany tries to set policy for the European Union, because they're the most powerful economic actor.
	So I just sat back one day and right after Powell and the Federal Reserve last June, at the June meeting in 2021, they raised a technical little cared for interest rate that they have at their disposal called the reverse repo rate.
	And they raised it five basis points above the Fed funds rate, which at the time was Basically, for all intents and purposes.
	And they raised it by five basis points.
	And I didn't think anything of it.
	Zero had to make a big deal out of it.
	But I just noticed on the same day that that happened, that over the course of the next 48 hours, the euro bull market that had been teetering collapsed.
	And the euro dropped from $1.22 to $1.19 within 48 hours.
	Now, currencies don't move 3%.
	Right.
	Like that, unless something big had just happened.
	And then all of a sudden, we started getting more headlines about how the reverse repo facility that the Fed has is ballooning in balance, right?
	The outstanding balance in the reverse repo facility, which at the time held about $450 billion and then started ballooning out to the $1 trillion.
	Within a couple of weeks, it was that $1 trillion.
	And then by the time we got to Jackson Hole at the end of August, it was that $1.5 trillion.
	And everybody's like, what's going on here?
	And from the moment that happened, I just sat back and I said, and all these little things that I had read in different places, like Martin Armstrong mentioned this thing, and this guy mentioned that thing, and that guy mentioned that thing, and I put it all together and I went, wait, is the Fed honestly not down with The big Great Reset thing.
	And then I remembered that in the beginning of June, at a major convocation of central bankers over in Europe, Christina Lagarde, the unbelievably obnoxious president of the ECB, He comes out and says, look, we have to, as a group, coordinate global monetary policy in order to fight climate change.
	Otherwise, we're all going to die.
	And Jerome Powell kind of stood up like the guy in the life of Brian.
	Yes, we are all individuals.
	I'm not.
	And that guy, right?
	And he's like, that was Powell.
	He just at the meeting, he's like, I'm not doing that.
	I'm the head of the Federal Reserve.
	I have a dual mandate for...
	It literally says this to the Guard.
	I have a dual mandate of stable prices and full employment, and I work for the United States.
	And she lost her mind.
	She got mad at him right in the middle.
	She certainly wasn't expecting this.
	And that was two weeks before he raised the reverse repo rate and then started draining the world.
	Because what he did when he did that is he drained the world in global liquidity terms.
	Think of it like Based money, right?
	When the Fed creates money domestically by lowering interest rates, it incentivizes the banks to go and grab some.
	They grab some from the Fed and they lend it out 10 times to us consumers to buy cars and iPhones and mortgages and all the rest of it.
	That's called fractional reserve banking.
	And it works domestically and we understand it, but it also works offshore, as Jeff Snyder has talked about for years in his Eurodollar University segments they used to do.
	They still do.
	But there's a big split between Jeff and I, because I think that Jeff is wrong about what's happening with the Eurodollar market and that the Eurodollar market is imploding.
	And I honestly believe that the Fed is trying to regain control over monetary policy, of original monetary policy, because the offshore dollar markets, the so-called Eurodollar markets, are vastly bigger than the domestic dollar markets.
	And so if...
	Okay.
	Well, if I could jump in here real quick, just to help clarify this.
	So I think what you're describing is that we're looking at, well, all the bankers are gangsters, and there's a gangster turf war happening on a global scale.
	And the US Federal Reserve gangster cartel is saying, we're not down with the global cartel.
	We want to control banks.
	The dollar, not only domestically, but also internationally.
	And thus, we're going to wage this turf war.
	And they're doing that by raising interest rates, which is punishing the European system.
	I mean, punishing to the point where they're begging to stop.
	But just to make sure that everybody understands the mechanism...
	And the incentive structure.
	So the important part here is, and you're absolutely right when you say, don't think of them as the good guys or anything.
	Just think of them as another group of mafiosi.
	And it's the perfectly valid frame with which to look at this.
	Now, the Fed could also be looking at this going, This is how we're going to save the United States is the 50-day compact as well, because it's clear that we're being torn apart politically and culturally from within and without by the Biden hunting.
	Which I use the word Biden with air quotes, of course, because, you know, Biden isn't really a real person at this point.
	He's just a script puppet that runs when they stick their hand up his backside and tell him to say things.
	Obama's running the country.
	Don't let anybody kid you.
	The policies of the Biden administration.
	I've called him the first fungal president for two years now because, you know.
	He's just sporifying in the White House and they feed him Jell-O at 3 o'clock in the afternoon and they give him his ice cream and then he reads all the cue cards and he's done.
	He can't even do that well.
	So it's clear that the policies of the quote-unquote Biden administration are different than the two terms under Obama.
	They were fully in line with everything that the World Economic Forum has now unleashed on us during the tail end of the Trump administration.
	When they came out and told us, they told us the plan.
	Like, they came out and sort of monologuing like they were, like this was a James Bond movie or something.
	And that's what the whole, you will own nothing and like it and all that stuff.
	They just literally came out and sort of monologuing.
	You know, the only thing, I was just waiting for Edna Mode to come out from the Incredibles and go like, okay.
	And then, you know.
	But...
	Regardless, that's where we are, right?
	That's what I think is going on.
	But since then, since you did that previous interview about this, we saw in the media that there's a group that's part of the United Nations.
	I forgot the name of it, but they came out and they were essentially begging the Fed to stop raising interest rates.
	And instead, I believe they were saying you should use price controls to stop inflation, which is the most insane idea I've ever heard.
	But what are your thoughts on all that?
	Well, no, it's very clear.
	And it's the UN Commission on Trade and Development or whatever.
	And it's so very European, if you say it that way with the long A. So it's really kind of, you know, just sad.
	It's clear that that, to me, was the big tell of all time.
	I've been talking about this for over a year.
	I watched it because I didn't even believe it when I started saying this.
	Some of my patrons at the time were hedge fund managers and guys who know the people in the know.
	They know Jamie Dimon.
	They know these people.
	They're like, oh yeah, that makes perfect sense.
	Because Private Equity Powell was obviously hired by them, and they're not going to give up their gig.
	And I just put it out to them.
	I said, does anybody really believe that Jamie Dimon is going to turn the keys to the candy store of J.P. Morgan over to Klaus von Kami schnitzel?
	Really?
	What world do you live in?
	I don't see that happening.
	I don't think Diamond is any kind of savior or anything, but I just don't think he's going to, like I said, he's just not going to turn JP Morgan over to a bunch of Euro-trash commies.
	He's just not going to have that.
	Well, right, right.
	They're not suicide mission operators.
	Right.
	Right.
	Oh, they're rational actors.
	Right.
	But doesn't this mean, in doing this, in raising the interest rates, they know, whoever is actually making the call on this, they know they're going to significantly harm the U.S. economy to some degree.
	I mean, they're going to shrink it, they're going to implode it.
	But is this kind of like global currency chemotherapy, where it's like, let's poison everything and then we'll save the patient when the tumor's gone?
	That's actually a really good way of putting it.
	And that's a great metaphor, chemotherapy.
	It's like, well, we have to poison the patient just enough to kill him.
	It's like how you treat your dog for heartworms.
	You load them up with an arsenical poison, strychnine, basically, to kill the heartworm, then keep them quiet while the worm is digested and hope that you don't kill the dog.
	Right, right.
	It's like financial chemo, basically.
	Yeah, it's like financial chemo.
	And this is the part that nobody wants to wrap their brains around.
	The global financial system is so insolvent and the global and the individual defined benefit pension systems around the West are so in arrears to their liability, their future liabilities.
	They're all in negative net present value or net future value positions.
	I don't care if we're talking about CalPERS or we're talking about France.
	It doesn't matter.
	They're all They're all in really, really serious trouble.
	And so, you know, as always, government is over-promised and underproduced, and now we're in this situation.
	And these people are trying to figure out a way to get out from underneath it.
	Now, I think there's another angle on this, which is that there's also clearly an ethnic angle.
	Which is that you have the people who are really behind the World Economic Forum.
	And I know a lot of people, you know, think that the WEF was started by Henry Kissinger as a U.S. project and all this.
	I've heard all these arguments.
	Whatever it was in the 1970s when it started, it's clearly not that today.
	Okay?
	Because Kissinger went to Davos this year and told everybody, stop.
	We need to sue for peace for Putin or he's going to eat our lunch.
	And everybody ate in Oregon.
	Okay?
	So, we had our tell this year that Soros and Kissinger, you know, both of them came out.
	They did their, you know, the 90-year-old oligarch cripple fight.
	And, you know, Tim A beat Jim A. And, you know, that's where we are, right?
	And...
	That's it.
	Like, that's the situation.
	And, you know, the ideologues, the Klaus Schwab's and the Soros's, who are the real open borders, you know, destroy the nation-state communists, beat out Mr.
	Realpolitik.
	And now we're into fantasy.
	And they've got all their agents in place all across the European Union.
	And I think they're using the incredibly rapacious or incredibly obnoxious U.S. and British and now Polish neocons to start World War III to cover their insolvency.
	Meanwhile, the Fed is trying to assist, I think, in their own way, not coordinatedly, but in the same way that Putin is running a financial attrition war on the European Union by starving them of energy, Powell's on the other side starving them of dollars.
	Right, right.
	Now, and let's talk about industry because we've got to bring in, of course, the Nord Stream pipeline sabotage.
	I'd love to hear your view on who did that.
	But regardless of who did it, by the way.
	Industry in Germany in particular is just about to nosedive into oblivion right now.
	No, they've done a real number on, they've put ideological greed of a German variety, which also have a very, very neoconservative worldview in terms of Because they're not just green ideologies, like Robert Habeck, the vice chancellor, and the defense minister.
	These people are not just true believers about the climate change.
	They are true believers in that oil is the root of all evil.
	And so therefore, it's very easy for them to then transfer that psychologically and turn their Jungian shadow into Vladimir Putin.
	And that's where they are.
	And they're very easily manipulated and to coordinate.
	So as far as the Nord Stream pipeline is concerned, my theory on this or my view on this is very complicated.
	I wrote a big piece for my blog, which was on the front page of Zero Hedge for all of Sunday.
	It did about 400,000 views.
	It was the best article I've ever had at Zero Hedge.
	And I was really just kind of free associating when I put it all together.
	I wasn't really set in my thinking on this.
	And the day after I did that, I also did a podcast.
	I said that on my good friend, Alex Crainer, who you, by the way, you should also interview.
	Because Alex is brilliant.
	And we did a podcast going over why...
	Alex thought that the British and the Poles together did this with Davos kind of looking the other way, what I call the Davos crowd, the European oligarchs looking the other way because what they really wanted was the Nord Stream pipelines destroyed because in order for them to default on all their debt, And issue the big digital euro.
	Go for the big great reset and the full fiscal and political integration of the European Union into the EUSSR with dominion over all of Europe.
	In order for them to do that, they have to destroy the German middle class.
	They have to take away everybody's property.
	They have to kill the bourgeoisie.
	This is like, this is Lenin 101.
	This isn't some grand conspiracy theory.
	This is just Lenin.
	And they're just literally following the script.
	But the Germans are so tied to their green policy, they don't realize they've been stabbed in the back by their own, quote, allies?
	And their own government.
	And the German people get it, but they don't know what to do.
	Right.
	They're literally frozen because politically, from what I understand about the average, from the people I've talked to in Europe about this, is that the German people are very conservative with their money, and they're very conservative in their political thinking, and they're not used to political turmoil.
	If you're looking at the polling that we have in Germany right now, just in general, there's six parties, right?
	Right.
	And that's not normal for German politics.
	German politics is closer to American politics, even though they have a proportional representation system where, you know, you have two dominant parties, the SPD, basically nominally the Democrats, and the CDU, CSU, which is nominally the Republicans.
	And then you have a bunch of minor parties, and they're always all supposed to have between 3% and 5% with some amount of small representation in the Bundestag.
	And that's it.
	But for the most part, they just flip-flop back and forth between their versions of the Republicans and Democrats with the minor parties nipping at their heels.
	If you look at the board today, there's like five parties.
	And they're all polling above 7% or 8%, and no party ever can hold on to more than 25% of the German electorate for more than about six months.
	This is weird territory for the Germans.
	It's making them very uncomfortable as people.
	They don't really know what to do with what's happening.
	They don't know who to believe.
	And German media, if you think our media is biased, you ain't seen nothing until you see German media.
	German media is as literally neoliberal interventionist as you can get.
	It makes the New York Times look like a bastion of non-interventionism.
	It's really bad.
	There's Spiegel and all of that.
	It's really bad.
	So Germany is facing really an industrial wipeout, and the sabotage of the Nord Stream pipeline sort of cemented that.
	There's no possibility of getting enough gas to really keep industry running.
	We're talking about...
	Yeah, go ahead.
	Well, what I was saying...
	Let me interrupt, but all I'll say is this.
	The situation with Nord Stream is a little bit less...
	Settled than we think it is.
	Because the Russians have come out and said, pipelines are repairable.
	We just found out this morning that one of the pipes running to Germany from North Street wasn't damaged.
	And by the way, the Germans have been stealing gas from all the rest of Europe all summer.
	Their stocks are full.
	It's places like Italy that are actually in trouble.
	Because the Germans and the French and In concert with other folks, have been stealing the gas that was supposed to go to Italy, or through sanctions, stopping the flow of gas into Italy.
	Germany has always wanted to be the owner of the marginal therm of gas coming into Europe.
	That was the whole point of Nord Stream 2.
	Trump wasn't wrong when he called it a political pipeline, but it was for internal European politics, not for general European politics.
	You're right, but let me throw this in.
	The pipeline that can be repaired, according to Russia, is Nord Stream 2.
	Nord Stream 2 was never active because it didn't have, I believe, the proper licensing approval from Germany, which was pressured by the rest of NATO to keep that shut down.
	And finally, why would Gazprom even turn the gas back on if the pipeline were repaired unless Germany backed off sanctions?
	Of course.
	This is the point of bombing Nord Stream 1 and 2, which is why I think the Germans, why I think not the Germans, why the Poles and the British did it and why Davos looked the other way and were happy that they finally go to the British and the Poles.
	They're doing it.
	Okay.
	And this is why, like I said, who did it is one thing.
	Who gave the orders is different and why they gave the order or why they were willing to look the other way to give the plausible deniability and all that.
	Is because the Poles understood that Nord Stream 2 was a political weapon for the Germans to keep the Poles under their belt, under their thumb.
	Because the old Ukrainian pipelines and the old gas transit pipelines into the contracts into Poland would expire and then they'd have to buy their gas in Germany.
	Coming in from Nord Stream 2 and then backflowed back into Poland through the global pipeline and some other pipelines, which is why the Poles then created that deal with Norway to get the pipeline to just open the same day that the bombing happened.
	So that was always the point of Nord Stream 2.
	But from the British perspective, who are fervently anti-Russian and have been for 200 years, They saw the opportunity to take away Putin's economic leverage over Germany and the rest of the EU in case they decided to wait until they decided to wobble, leaving Putin with nothing but military options.
	Because what the Brits want is to get the United States to fight another World War for the same way they got us to fight World War I and World War II. This was Churchill's plan in both of those freaking wars.
	Because Churchill was an undersecretary, I think, during World War I and then became prime minister.
	He was involved in both of them.
	And then there are other members of the British establishment who were involved as well, obviously.
	But You know, this has been British foreign policy, and they've used America as their physical empire's wane.
	They've just turned their influence over the United States to soft power and then used that to dominate our foreign policy thinking.
	I try to explain to people all the time, even if you don't believe that MI6 agents literally work at the CIA and the State Department, that's fine.
	But who writes all, you know, if you look at our military doctrine, if you look at our foreign policy doctrine that's taught in political science courses over at Georgetown and, you know, VMI and all the rest of it in the Ivy League and then, you know, in the military doctrine at West Point, what do you see?
	You see exactly the same things that the British have been talking about for 200 years.
	It's all this Wolfowitz, Halford, all this Wolfowitz doctrine stuff that goes back to Halford Mackinder in the 1850s about controlling the World Island.
	And if we can't control the World Island, then no one can.
	There's some other elements, though, that are relevant here that I want to get your take on.
	So you just mentioned the British want America to fight their war, but the Americans want the Ukrainians to fight the war with Russia, with American munitions.
	But the munitions have to be manufactured by an industrial country.
	America is dangerously low on a lot of munitions.
	Even the latest HIMARS that they said they're going to ship to Ukraine are now just beginning to be manufactured.
	It's going to be a couple of years before they're even delivered, which is insane.
	And then Germany, how is Germany, even if Germany wanted to supply munitions to Ukraine or to NATO, they can't run their factories when electricity is a thousand percent higher and you have gas restrictions, which, by the way, the German government favors residential use of gas first, meaning most of the cuts have to come from industry.
	So how are you going to manufacture weapons to win a war if you have no energy?
	Because they don't think they actually are going to win a war.
	I think what's setting up here is that they need to create an environment.
	I read a great Substack article today by a guy named Big Surge.
	I don't know if you've heard of him.
	Yeah, I have.
	I have heard of him, yeah.
	Okay, he wrote a great article about Putin and von Clausewitz this morning, the other day.
	And I've been thinking about this for a while now, and I've been arguing with my partner in Gold Goats and Guns, a man by the name of Dexter White, who's very, very sharp.
	And he and I don't agree, you can see eye to eye on what's going on with the war in Ukraine, but he's more of a historical bent than I am.
	And so I respect his opinion on these things, even when I don't agree with him, which is what makes our relationship great.
	We can argue with each other and still respect each other in the morning, which is almost verboten in political analysis in the United States anymore, right?
	No less, you know, kind of run a business together.
	The thing about what Big Surge was talking about in his article today was that Putin understood at the beginning of all of this, and along with his people, that this was an existential fight for Russia.
	He understood that at this moment in time, given the vulnerabilities for the West, they're only out here, was to blame Putin.
	A war with him and Russia on the default and the insolvency of the West.
	And at the same time, then turn all of that anger and frustration from the people in the West and turn that into a reason to go to war with Hitler.
	And that's why they've been trying to turn him into Hitler.
	And they've been doing this for 20 years.
	Putin, on the other hand, they almost got me saying that.
	Putin, on the other hand, also understood that he didn't have a majority of the Russian population who believed that this was an existential fight now, a civilizational war, as Alistair Crook and I have talked about many times, that this is a civilizational war between two different civilizational ideologies, and that he had to make that argument.
	The only way for him to do so was Was to effectively start a war and prosecute in a way that didn't finish the war, but then exposed the absolute hatred and depravity of that hatred all across the West to get the Russian people fully on board and mobilized.
	Which is exactly what happened, even when the tennis championship was banning Russian players and NASCAR was banning Russian drivers and the Russophobia.
	Yeah, you're right.
	And, of course, the economic sanctions.
	And the sanctions, which explicitly targeted Russian people.
	Absolutely.
	With American senators and British MPs saying things like, the Russian people need to overthrow Vladimir Putin or we're going to starve you.
	Until you do.
	Now, how do you think that played in the regions around Moscow?
	Do you think that played the way Lindsey Graham thought it was playing?
	No.
	No, but this reminds me of America's Pearl Harbor.
	It was Pearl Harbor that convinced the American people to jump in and back the war.
	Right.
	Now, we haven't had that moment yet, have we?
	We have had a PR campaign with Zelensky running around like he's on tour, like he's freaking, I don't know, Taylor Swift, right, running around on tour trying to drum up support for the Ukrainian people, backed by the WEF, backed by the British neocons, because they're all agreed about one thing, right?
	They're all agreed that they need to kill Russia because they want to kill them and take their step.
	Like geopolitics is a game of D&D as prosecuted by 14-year-olds.
	Yeah, exactly.
	I mean, what is this?
	What is this?
	World of Warcraft, for Christ's sake?
	Yeah.
	That's the way these people are.
	Honestly, you know, we'll just go in and we'll just kill them and take all their stuff, and then we'll go home and we'll play with all our bounty and our loot.
	No, and if you call for peace, like Elon Musk put out that survey, if you want peace, then suddenly you're a traitor and the worst evil in the world.
	Yeah, exactly.
	So, you know, we're going to...
	So, what I'm seeing, as this is playing itself out now, Is the very dangerous possibility that since the beginning of the war, who has tried like four or five times, I don't know, I've lost track at this point, of trying to frame Russia for some horrible, heinous war crime of mass graves or shooting civilians in the streets.
	Yeah, Zelensky.
	Yeah.
	Yeah.
	No, it wasn't Zelensky.
	Who's the master at this?
	Well, I thought it was Boris Johnson at one point.
	It's the Brits.
	It's always the Brits.
	It's always the British.
	The gas attacks in Syria, all staged by the British.
	White helmets, the white helmets in Syria are British NGO backed by Soros money.
	Those organizations tie directly back to all those guys coming out of MI6, all the Bill Browder types, and Igor Kolomoisky is the latest iteration of this.
	It's all the same stuff over and over and over again.
	The dumber these things look, Assad gassed his own people when he was winning.
	Right.
	Or that Russia blew up their own pipeline.
	Putin bombed a nuclear power plant that he controlled.
	Oh, I know.
	That was always insane.
	I never understood who would believe that.
	Let's see some narratives out other than the people who still think that geopolitics looks like a James Bond movie.
	The guys who think they still run the world like James Bond.
	I'm dead serious.
	When I look at this stuff, I just can't see anything else anymore.
	But then, okay, throw into this mix the Bank of England practically facing insolvency because of the pension bond collapse crisis that they had to jump in with massive, essentially, quantitative easing, buying up all the bonds.
	So is that...
	And that's got to be a result of the interest rate increases.
	Right.
	Let's go ahead.
	Okay, so this brings up a different angle.
	I touched on it a couple minutes ago, but I'm glad you brought it up because here's the gig.
	So who's still angry?
	Who's still really, really angry about Brexit?
	Angry about what?
	Brexit.
	Oh, Brexit.
	Well, the European Union.
	Yeah, the EU's.
	The globalists.
	Brussels, yeah.
	Right, exactly.
	Exactly.
	Who are the two financial centers in Europe that are not a part of the EU anymore?
	Or one never was, and one now isn't.
	The Vatican and the City of London?
	No, not the Vatican.
	The Pope is pure WEF, and he's not even the real Pope.
	Yeah, right, right.
	No, it's Switzerland.
	It's Switzerland.
	Zurich and the City of London.
	And who are the two in the two weeks after the Queen dies and Liz Truss takes over and she's attacked 18 ways from Sunday?
	Not that she's like anything great or anything.
	I don't even like Liz Truss.
	I think she's a moron.
	But like it's so very clear that the two big moves by Davos are In this fight for control over who's going to...
	See, what's happening right now, this is what this factualization, all the stuff we've been talking about.
	Putin is easy.
	They all hate Putin.
	But the question now, but the big question is, and what Putin is...
	A war of economic attrition and physical attrition is done in Ukraine is expose all the cracks within the factions here in the West.
	As the political situation here deteriorates, as the economic situation here deteriorates, as inflation rages out of control, and they stop winning.
	What's the first rule of a hockey team?
	Winning solves all problems in the room.
	When they start losing, people start pointing fingers.
	And, you know, I slept with your wife, and why didn't you back-check with that guy?
	I'm an old hockey fan, so for me, this is the easy way for me to think about it.
	So this is what's happening in the West.
	And right now, you've got an existential fight over who's going to control Western policy to fight Putin and the Chinese, right?
	Right.
	And is it going to be Europe?
	Is it going to be the United States?
	And Britain's caught in the middle.
	Switzerland's caught in the middle.
	And so the European Union, or Davos, saw the opportunity after the Queen died to try and take out the British because they lost the fight for the Tory party.
	Liz Truss was not the first choice of the WF.
	So trust nominally you have to put in the camp of old British neocons and American.
	Yeah, like Margaret Thatcher.
	And she's too dumb to realize who she's actually working for or whatever.
	I don't care about any of that.
	But you put her in that camp, right?
	And then you've got Sunak, who's clearly going to put the kibosh on invoking the Northern Ireland Protocol and finally finishing off the hard Brexit that Johnson had mostly negotiated.
	So they had to stop that.
	So what did they do?
	They ran some stops on the UK guilt market after the stock markets are down 35% and the pension funds are all short of collateral.
	This wasn't hard.
	And the very next weekend, they start a whisper campaign about Credit Suisse going belly up, which didn't materialize.
	Because the Bank of England actually responded correctly to the threat by having to reverse course.
	But then that turns around.
	They try to use that to play into the, hey, Fed, you can't do this.
	You can't keep raising interest rates.
	The C, the BOE, they just pivoted.
	The RBA over in Australia, they only raised by 25 basis points.
	The UN is screaming at you to not raise interest rates because think of the children.
	It's ridiculous.
	But the Fed has said it is committed to a multitude of continued interest rate raises.
	So in essence, this is an interest rate carpet bombing of the United Kingdom by the United States.
	By Europe, the Bank of England was the first one to start raising rates, Mike.
	They raised three times by a quarter point before the Fed even started setting their rate hike schedule.
	Mm-hmm.
	So the Bank of England already understood what was happening, which was that Powell was in control.
	The Fed had weathered the storm in 2021 to try and oust Powell.
	And they started raising interest rates slowly but surely.
	This is the way everybody expected Powell to raise interest rates, a quarter point at a time.
	Yeah, no, he has a quarter point at a time.
	And then they tried to slip out from underneath it.
	And then I think Boris Johnson was nuts and sluts out of office.
	And then the big push by Brussels to win back the UK and force them back under the thumb, they failed there.
	Again, I keep saying over and over again, when you look at these moves, you have to ask yourself, who has the power, really, to affect these political outcomes?
	And that's a good question.
	Well, I think it's the New York banks.
	So, let me ask you some practical, then, conclusions of what we're talking about here.
	First question.
	I guess it's two questions.
	Do you think that the Fed will pivot, or when it will pivot, or how high will it raise rates into 2023 in your analysis?
	Okay, I've answered this question a couple of times, and I like to get flipped when I say so, just because I don't have a...
	I'm not a hard...
	You know, I'm not a hardcore bongo, right?
	I'm not.
	I don't, and I don't even try and mark that.
	What I try to do is understand it from the, I stand just enough of this so I can explain the geopolitics and explain the politics.
	But there are hardcore guys out there, done the work.
	They think they, you know, looking at the maturity schedule of the U.S. Treasury maturity curve, all of that stuff.
	I can say the following.
	I've said many times, picking a number out of my head, saying 6%.
	That's where I think the Fed pivots.
	So that's into the spring of 2023, roughly?
	Easily.
	The Eurodollar futures market is now trying to figure out when the Fed's going to pivot.
	They keep wanting them to pivot in December, and it doesn't.
	And then it's now this March, then it's June, but the curve keeps flattening for all of 2023.
	And now it may be...
	By the time we get to the midterm elections, the inversion may move out all the way to September.
	And if that's the case, then that's when they think the euro dollar futures market doesn't know what to do.
	You know why?
	It's been drained of its liquidity.
	And just like every other market that's seen high volatility, when you whipsaw guys out of the market, guess what?
	There's no players left.
	See, think of it this way.
	We've been watching oil now since the beginning of the war in Ukraine.
	Go look at a weekly chart of the price of Brent crude, and you'll see before the war, there was a certain amount of volatility.
	If you know how to read a candlestick, you know how the bar, the size of the bar tells you the volatility for the week.
	Then look at it after the war, and the bars are three times as big.
	But when you can whipsaw in an algorithmically traded market where there's no humans involved anymore, really, there's just headlines, there's just computers reacting to headlines, then you can whipsaw guys out of the market, both legitimate hedgers, producers and consumers, and speculators.
	What also did the UN talk about the other day?
	They wanted to get all the speculators out of the futures markets.
	Like, this is sincere stuff.
	And now, they've already done this, though, by stop-washing these poor guys.
	Rather rinse, repeat, and just washing them out of the market.
	So there's not nearly the same volume as there was at the beginning of the year.
	You can go back and look at a multitude of headlines where Goldman has come out and said, the oil market doesn't make any sense.
	Because the spot price and the futures price are like, there's no relationship between them.
	And same thing we've been waiting for to happen in gold for how many years now?
	Same thing in silver.
	Well, it's happening in oil.
	It's happening in copper.
	It's happening in nickel.
	It's happening in cattle futures.
	It's happening everywhere.
	Because they're using the headline volatility to wash people out of the market so that then they can take the market and move it where they want when it's thinly traded.
	So they can turn the entirety of the commodity futures market into the average CDS market.
	The credit to Baltimore market.
	A guy can walk in with $5 million, move the thing 100 basis points, and then start a whisper campaign in the boiler room on Yahoo Messenger and take a company.
	Gee, that doesn't sound safe.
	This is what they're doing.
	Well, what's your prognosis for the euro itself?
	How long will the euro endure all of what's going on?
	I don't know that it's going to endure much longer.
	What I keep seeing is every bounce in the euro gets weaker and weaker.
	We just had a bounce in the last four or five days.
	It was a nice shortcoming rally thanks to the BOE intervening.
	And everybody wanting to resurrect the whole Fed pivot thing.
	By the way, to answer your original question, I think the Fed pivots sometime in the first half of 2023...
	Not pivots, but they stop raising rates.
	Okay.
	But they're not going to cut rates after that.
	Not unless there's sincere issues within the American financial system.
	Now, I don't believe...
	I do believe that the Fed has put liquidity tools in place and they have fine tooth control over the flow of dollars domestically to such an extent that we're not going to see a replay of 2008.
	When Italy's bond market blows up or Spain's bond market blows up because there's been a disconnection between the indexing of rates in Europe and City of London and America.
	Our debt is not indexed to LIBOR anymore.
	Our debt is indexed to SOFR, the Secured Overnight Funding Rate.
	The Secured Overnight Funding Rate, the fundamental difference between those two things is that one's collateralized, SOFR, and one isn't.
	It's just an opinion of a bunch of bankers that get together on the phone and go, yeah, let's set it at 3.9% this morning.
	Okay, that sounds good, even though they were trading at a 4.5%.
	Well, we'll set it at 3.9%.
	You know, LIBOR is an anachronism.
	So, for how long?
	I'm sorry.
	I don't know how long the ECB can survive.
	Timing is for the gods.
	Well, and I'm wondering, actually, what about the yen?
	And then also, isn't the Fed buying bonds?
	Isn't the Fed really floating in the debt market right now?
	No, the Fed is serious about cryptocurrency.
	The Fed is serious about QT. Daniel DiMartino Booth has made it abundantly clear that, look, the Fed started selling U.S. Treasuries in June, and they started selling some mortgage-backed securities in June.
	Now that they buy some here or there, there's other transactions, of course, they're up.
	But most of these transactions take three months to clear.
	And then it takes another two weeks to report the trade as being cleared because the clearing only happens on the 15th of the first of the month.
	So you can have a transaction that was executed in June not show up on the Fed's balance sheet until October.
	And that's why it makes me angry when I hear commentators who should know better try and make it look like the Fed hasn't followed through on anything.
	It gets me really angry when I see that from people who are more veteran market analysts than I am.
	So if I know this stuff, they know this stuff.
	So what book are they running?
	You know, I'm not running a book, Mike.
	Like, I don't own any stocks anymore.
	The minute I got into this and I got into the newsletter business and the punditry business, I'm like, I can't own any of this stuff.
	I know myself too well to know that I would talk my book, just like every other freaking punter in the world.
	Do I own gold?
	Sure, I own gold.
	There's any rational person in this world today looking at what's around.
	If you don't own any gold, you need therapy.
	True.
	Like, you know, should you own a little Bitcoin?
	Yeah, you should own a little Bitcoin.
	Like, it's not, you're not puff, but there's, but when it comes to everything else, well, that's a more complicated scenario.
	And so when I recommend stocks to people in my newsletter, understand, I tell the people, I don't own any of them.
	Because while some would say I don't have any skin in the game, I would say I'm allowed to beat myself much needed objectivity because I know myself too well as a very emotional person that I won't be able to get away from that trade.
	It's bad enough I'm putting my reputation on the line.
	Forget my money.
	So let's talk about your newsletter and what you offer, because I want to be respectful of your time.
	We need to wrap this up, but tell people what you offer at TomLolongo.me.
	Okay, so the public blog is just the public blog, right?
	So I write public articles all the time, but I also have a Patreon.
	And that's really where, I'll be honest with you today, that's where most of my work is.
	I try to write one or two public blog posts a week anymore, but I write at least two private blogs every week, which are really my notebook.
	As I see things unfold, and I do a kind of...
	Bill Blaine has his morning forage where he just kind of throws out whatever he's seeing in the market.
	It's his way of journaling in the morning, a lot of financial time.
	They just do their journal in the morning.
	They sit down for half an hour and they write what they're thinking.
	Well, I do the same thing.
	I usually pick an issue and then talk about it and then spin it out.
	And because I've got so much stuff swirling in my head, what used to start out as like 300 little words, little stubs.
	I've now turned into 1,500 words.
	And then some of those get turned into public blog posts later if they're still relevant a week or two later.
	And I also do twice weekly market reports.
	They're usually about 45 minutes, a mixture of commentary and chart analysis of the major strategic markets like gold, like silver, like Bitcoin, the Dow.
	I will go over the Eurodollar futures curve.
	I try to explain what I think is happening.
	I'll do oil here or there.
	I also do bespoke Research for my people.
	So if someone wants a cold chart read on a company that they're invested in, I'm more than happy to throw the chart up at home when I think of it.
	Okay.
	And that's the base level.
	That's $4 a month.
	Oh, wow.
	And then if you want that and you want the newsletter, we actually put it all together with about an 11 to 12-page monthly newsletter with all original material and a portfolio strategy with honest-to-God picks and buy prices and all the rest of it.
	That's $12 a month.
	Well, that's what we do.
	And I'll be honest with you, like, you know, I can't see it.
	You know, I also write for Newsmax.
	I also write a financial newsletter for Newsmax.
	I write Ultimate Wealth Report for that.
	But yeah, the Patreon, that's how it works.
	I field everybody's questions on a daily basis.
	I try to give them at least four bits of content a week.
	It's mostly to keep me in the game.
	Because I feel the obligation to write or record four times a week.
	If I don't, then I feel like I'm falling behind.
	Well, folks, so for the price basically of one kilowatt hour of electricity in France, you can get a whole month of Tom Luongo.
	If that's your bag, man.
	For a Starbucks coffee.
	Yeah, it's the deal of a lifetime, frankly.
	I mean, yeah, I think so too.
	I have my patrons tell me all the time I'm not charging enough money.
	But it's funny.
	We may have to call in the inflation tax.
	But as far as that, I don't care.
	Because honestly, it's not about the money.
	It truly isn't.
	Look, if you do good work like Mike, you get rewarded for it.
	You will drive people.
	Quality sells itself.
	You will drive loyalty.
	You will drive...
	Brand recognition.
	Eventually, you get there.
	Okay, quick read before you go.
	Quick read on silver.
	Where do you think silver is?
	Any thoughts?
	Yeah, I have a lot of thoughts on silver and a lot of interesting thoughts on silver that a lot of silver bugs aren't going to like.
	First, I think that silver is now the premier industrial metal in the world that is no longer a monetary metal.
	Okay, so that's the first thing.
	But I think it's replaced Dr.
	Copper as the leading indicator of where the industrial metals market is going.
	Not to say that there isn't a monetary character that would waste silver trades, but it is much, much less important than it ever has been in the history of silver.
	I would give silver no more than a 15% monetary character and about 85% industrial character.
	Look, the entire chip industry, the entire tech industry runs on silver.
	Yeah, and a lot of the green energy components use silver.
	Of course.
	And there is no stock to flow ratio in silver.
	It has a stock to flow ratio of zero.
	Like oil, it has a stock-to-flow ratio of zero, whereas gold and Bitcoin have immense stock-to-flow ratios, meaning they act as stores of value in the minds of the people who are holding it, whereas silver is a free-flowing metal around the world.
	So that being said, I think the silver market is horribly manipulated.
	I think it's a mess.
	I think it's incredibly volatile, and I think it's also an important bellwether.
	For where we are in the monetary cycle.
	So right now, as of right here today, what's interesting of the three quote unquote safe haven assets, right?
	Gold, silver, and Bitcoin.
	About three weeks ago, if you look at a weekly chart and you just...
	I don't use like RSI and MACD and Fibonacci.
	I don't use any of that stuff.
	I just look at bars.
	I just look at bars.
	I look for trends and I look for reverses.
	That's it.
	And maybe some horizontal support and resistance and I note highs and lows and those are the things that matter.
	You look at the pattern of the chart, it's very simple.
	About three weeks ago, when gold was breaking down to $1,600 or trying to break below $1,600, Bitcoin has been basing for a while.
	If you looked at the trade on the three of them, Gold's chart is technically the weakest.
	Silver's leading into that was technically the weakest and was pointing towards 1550 on the downside.
	And then silver quickly reversed while gold still continued to drop and Bitcoin kept basically futzing around, not doing much.
	It would break out and then it would immediately collapse.
	It would break above 20 and then get crushed two days later into the weekly close.
	It was not interesting.
	It still isn't very interesting.
	Bitcoin is basing between 18 and 22.
	Silver, on the other hand, turned the technical corner on the weekly chart two weeks before gold did.
	Wow.
	So I'm not saying it's in a bull market situation.
	What I'm saying is that silver turned the corner two weeks before gold.
	It has a couple of technical hurdles to get over.
	It really needs a close this week above $21.
	If it gets a close above $21 this week, that's going to be really significant from a technical perspective because then you're going to get an even more shortcut run.
	But it was clear that both the move in gold below $1,700 and the move in silver towards $1,800 were what Martin Armstrong would call a false move down, where the shorts pushed the market well below where it was comfortable, and the shorts got themselves way overextended.
	And when the shorts get way overextended, then the snapback rally in the opposite direction is that much more violent.
	And we saw it in silver, and we're starting to see it in gold.
	Bitcoin hasn't moved yet.
	Wow.
	So that's the way...
	This is the kind of thing I do in the market reports for people when we do these.
	I do them on Wednesdays and Sundays for a reason.
	Wednesdays, because we're looking at the midweek, trying to anticipate what the close for the week is going to look like, and then we do the close.
	And we do that on a weekly basis, and then we get to the end of the month, the end of the quarter.
	Obviously, I then take a report and look at the quarterly chart or the monthly chart, depending on where we are, and then broaden out and look practically through time to see what it looks like.
	Because that's the way you're...
	Everything in chart analysis is fractal, right?
	You use the same rules to look at a one-minute chart as you look at a one-year chart.
	Yeah, exactly.
	So, you know, what you're looking for is always, if you see a breakout on the weekly chart and it doesn't propagate and change the state of the monthly chart, then it's just a A minor blip.
	An artifact.
	It's not important.
	But if you see it propagated into the monthly chart and the quarterly chart, now all of a sudden you've got something that's...
	Now you've got a really powerful trade setup where if you're writing a monthly newsletter, you can go, yep, that market's turned the corner and I probably got nine quarters.
	I can go buy something now, anything in that space.
	Let's buy the best company in that space and let's put that in the portfolio and let's ride that for two years or three years.
	Yeah.
	Okay.
	Well, you've got a lot to offer people.
	And I just want to, again, give out your website, tomluongo.me.
	And I really want to thank you, Mr.
	Luongo, for spending this time with us.
	This has been a fascinating conversation.
	We've covered a lot of ground.
	Appreciate it.
	And anytime you want to do it again, just give me a ring.
	I'm happy to do it.
	Love to do that.
	Yeah.
	Well, I'm sure we're going to have some fireworks happening in the next few months.
	We'll want to have you back on to help analyze it.
	Okay.
	Well, have a great night.
	Thank you, too.
	Okay.
	Take care.
	All right, well, I hope you enjoyed that interview with Tom Luongo.
	That certainly was interesting.
	Kind of drinking from a fire hose there, wasn't it?
	Yeah, Tom Luongo has got a lot of knowledge, very technical knowledge, too.
	We're going to have to parse all that out here, try to translate some of that later on.
	But he knows his stuff, and he's got some very strong views about what's actually happening.
	So, hey...
	It's a very dynamic world, a lot of different factions at work, a lot of different types of warfare taking place, currency wars, biological wars, kinetic wars, spiritual wars, all kinds of things happening.
	So do your best to get prepared on every front.
	So I'm going to wrap this up now.
	I'm about to interview Brad Cummings.
	He's the publisher of The Founder's Bible.
	That interview will be posted separately.
	It might be posted Saturday, actually.
	I'm not sure yet if it's going to be today or Saturday.
	But check out that interview, which should be fascinating.
	Brad Cummings has a lot to offer, a lot of wisdom, a lot of spiritual wisdom as well, but also stays in tune with what's happening in our world.
	So you don't want to miss that interview.
	And the Founders Bible is something to check out as well.
	The website is thefoundersbible.com if you want to know what I'm talking about there.
	But I'll wrap this up for today.
	And given that I think it is Friday, right?
	Is it not?
	It is.
	Yeah, it's Friday.
	So, well, I may not do another long format like this until Monday, but I probably will have some other shorter podcasts posted over the weekend.
	And especially if any breaking news happens, anything big happens, I'll chime in on that and get something posted for you.
	So thank you for listening and for all your support.
	Don't forget, healthrangerstore.com is where we will have Ranger Buckets available Tuesday morning at about 11 a.m.
	Central.
	We'll have some quantity of the, remember, certified organic, lab-tested, long-term, storable food that is packed in some really rugged and nitrogen-flushed and then vacuum-packed and then formed into very, very durable, storable food that is packed in some really rugged and nitrogen-flushed and then vacuum-packed and then formed into very, very durable, we call them bricks, but obviously they're not bricks, but very
	You can see what's in it, and it's all lab-tested.
	It's all certified organic, and it's in the Ranger buckets themselves.
	Two buckets go together for one set.
	And we can never keep these things in stock.
	So hard to find.
	So hard to make.
	But we'll have them available Tuesday morning about 11 a.m.
	Central Time.
	So that's the...
	It might be one of the last chances to get some of those.
	So thank you for listening.
	Thank you for all your support.
	God bless you.
	Thank you for your prayers as well.
	We'll be with you again soon.
	Use the time wisely because you know what's coming.
	All right.
	Take care.
	A global reset is coming.
	And that's why I've recorded a new nine-hour audiobook.
	It's called The Global Reset Survival Guide.
	You can download it for free by subscribing to the naturalnews.com email newsletter, which is also free.
	I'll describe how the monetary system fails.
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