Situation Update, 11/26/22 - Medical journal claims anti-vaxxers cause deadly clots...
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Welcome to the Situation Update for the Thanksgiving weekend of 2022.
And I'm recording this on late Friday night, November 25th.
You're probably hearing this on the 26th or 27th or 28th, which is all good.
I need to apologize for the lateness of yesterday's podcast.
And I was planning for it to come out on Thanksgiving Day.
It was a Thanksgiving Day podcast.
And what happened is one of our facilities lost power.
And the power grid is getting less and less reliable everywhere around the world.
So our facility that lost power was handling our internal messaging system between our content handlers, people who do editing of the podcast and create the thumbnails and things like that.
And I had a group of people that was ready to work a little bit on Thanksgiving Day, to their credit, to get all this posted.
And then that system went offline.
And even though I thought we had a backup method for communications, one of the key people who was involved in this was also out of power.
We had like two layers of failures and we could not post it.
We couldn't get it done.
So that's why it was a day late.
Maybe not a dollar short, but whatever.
Anyway, I tried.
It didn't happen.
The world is becoming less and less reliable.
The infrastructure is getting less reliable.
And we're seeing it right here in the United States as well.
And I don't know what it is about...
The Texas Power Grid, I mean, overall, it's very good, but there are sectors of it that not so much, you know?
It goes up and down.
But anyway, after that, we have decided to move our messaging system to a more reliable data server location.
So we're in the process of doing that, so hopefully it'll solve that problem.
Oh, by the way, the interview we have coming up for you today is with Andy Schechtman of Miles Franklin.
MilesFranklin.com.
And he's, of course, a gold expert, but we talk about BRICS nations and the latest developments in the replacement of the global petrodollar, you know, with China and Russia and commodities-backed World Reserve Currency System competition.
So that's a major interview.
If you want to know how the banking failures happen or what the timeline is on that, I ask him those questions.
It gives a lot of, I think, well-considered answers.
So that's coming up later.
I think you'll really enjoy that.
Now, on top of that, then, there was some breaking news over the weekend that was highly, highly disturbing.
And I'm going to read this out of involve, en-volve.com, which is a site that does a lot of great reporting on the vaccines.
And it's one of the sites that we've donated to, by the way, distributed money to.
Because we got that $100,000 from Gary Haven, remember?
And then we decided sort of who to hand it out to.
And Involve was one of the sites that we chose because they do good work.
And they carried a headline that said, NIH article blames heart attacks post-vaccination on anti-vaxxers stressing people to death.
Now, just to be clear, this is almost difficult to parse.
But essentially, this article, which only has one author, okay?
It's not a study.
It's not a clinical trial.
But it's published in Biomedicine out of Taipei.
And it's written by Raymond Palmer, apparently.
And here's what it says in the abstract.
I'll read it for you first.
Fear mongering and misinformation being peddled by people with no scientific training to terrorize people into staying unvaccinated is not just causing people to remain susceptible to viral outbreaks, but could also be causing more side effects seen in the vaccination process.
Now, do you follow the logic there?
They're saying that merely talking about avoiding vaccines causes vaccines to generate more side effects.
Or put another way, that if you tell people not to get vaccinated, and they do, you will cause them to grow clots and die.
Okay?
I know it makes no sense.
There's no logic.
There's no reason.
It's the dumbest, quote, science paper ever.
And it's getting called out.
And it is published by PubMed Central.
It's in the National Library of Medicine.
I should say it's indexed by that.
But it's in the Biomedicine Journal for September 2022.
So this is the most ludicrous conclusion ever, right?
To say that vaccines are made more dangerous by people talking about why you shouldn't get vaccinated.
Right?
How freaking crazy is that?
That would be like saying that antidepressant drugs cause suicides because some people tell others not to take antidepressant drugs claiming they cause suicides.
Therefore, when those people hear that, they freak out and stress out and they kill themselves.
Therefore, the only way to reduce deaths is for everybody to take vaccines and never question vaccines.
Or to take antidepressants and never question antidepressants.
So this is what it has come to now.
The indefensible industry of vaccines, which is mass murdering people, is now alleging that anyone who talks against vaccines is causing other people to die from vaccine side effects.
It's crazy.
It's totally bonkers.
It's nuts.
But then it hit me what this is about.
And now, actually now, it's a lot more clear.
And I will say up front, I published an article yesterday, which I retracted a few hours later.
And it's related to this.
Because this NIH article, I believe, was put out to try to attack a documentary called Died Suddenly.
Now, that's the new documentary put out a few days ago by Stu Peters.
And that documentary, of course, is telling the story of the fibrous clots and how people are dying from the clots which are growing in their bodies.
And of course, I know quite a bit about these clots too because I've done the microscopy on them.
We've done some lab testing, the mass spectrometry, and so on.
And I've interviewed people about this as well.
So...
I think that this piece is designed to attack the movie and to falsely claim that Stu Peters, again, this is the false claim that would be picked up by the media, to falsely claim that Stu Peters is killing people because he has a documentary that tells people not to take the vaccine and that's causing people to stress out and that somehow causes clots.
So, now let me back up a little bit.
I had written an article, I think I posted, I don't know, like 2pm or something on Friday.
And my article, which was defending the documentary and saying how important it was, also asked a question, which was, hey, where's Jane Ruby?
You know, because I didn't see Jane Ruby in the film, right?
So I was asking that question.
But in that same article, which, again, is now retracted for reasons I shall explain, in that article, I also said, hey, you know, this is a powerful film.
It's critical that people see this.
I said that Stu Peters should be congratulated for this effort, you know.
I said, yeah, there was...
You know, a couple of things that could have been vetted better, but it's tiny compared to the monumental message of warning about the dangers of these vaccines, right?
So that was my article.
And I put in there some interviews and stuff, times that I'd been on with Jane Ruby and the Infowars show that I'd done with Jane Ruby with the live microscopy and Richard Hirschman, the embalmer, and so on.
So I put all that in the article, and I put that out there.
And within a few hours, that article started blowing up in terms of views.
Beyond what I would have expected on a Friday, especially like a Thanksgiving weekend Friday.
I'm thinking to myself, this article should not be getting this many views.
What is going on?
And so I began poking around and I reached out to Stu Peters and I reached out to Jane Ruby and we shared some text conversations.
And the bottom line and why I pulled this article, I retracted it and replaced it with a simpler explanation, which I shall share here.
The bottom line is that this article was being picked up by a bunch of left-wing media people and left-wing commentators who were dishonestly using it to attack Stu Peters and the film.
And trying to attach my name to those attacks, right?
Trying to say, essentially, although this is paraphrased, trying to say, oh, Mike Adams is attacking Stu Peters, or Mike Adams is attacking Died Suddenly.
And even this guy of the health freedom movement, me, can't believe the film or whatever.
Those were the bad faith attacks and arguments that were taking place.
And it started happening very, very quickly.
So I had text conversations again with Stu and with Jane Ruby and some other people who offered, I think, very good feedback.
And the essence of the feedback is that I made a mistake and I did not properly anticipate that How my article could be misused or misquoted or exploited to try to shut down and censor this film.
And that combined with this, what is it, the COVID-19 NIH article that's blaming, you know, essentially blaming anti-vaxxers for vaccine side effects.
I could see now how that was going to be connected and they were going to try to wrap me into this To say, oh, you know, that the died suddenly film is causing people to die suddenly, which is crazy.
It's totally bonkers, right?
But I could see them starting to connect these dots.
And so when I began to realize that that was what was happening and that perhaps I could have stated my article earlier, In a way that couldn't be misappropriated like that.
Like, maybe I could have written it differently or just approached it differently.
I texted Stu and I texted Jane Ruby and I said, look, I'm going to retract this article.
And here's why.
Because I don't want to distract from the importance of people seeing this film and I don't want to aid the attacks.
And that's that.
So I did.
Within, I don't know, within 20 minutes or something, I had pulled that article down.
I replaced it with an explanation that you can read.
And in fact, you know what?
Let me share some of it with you here.
And I learned an important lesson in this, too, that it's not what we say that counts.
It's how people perceive it.
Actually, there's a whole theory about this, about meaning and semantics in language, and there's something called the locutionary effect of words, and then the perlocutionary, and I think, I forgot what the third term is, maybe it's the illocutionary, I forgot.
One of them means, number one, the words you say, Number two, the intention with which you say them.
And then number three, the way they are perceived by the reader or the listener.
These three things can all be different.
They can all be different.
So you can, number one, you can say something, especially in text where people can't hear your voice intonation or things like that.
You can say something, but then secondly, you might have a completely different intention or than what it says but thirdly then readers or viewers can pick up a totally different meaning than what you meant And sometimes there's a gap that's pretty huge between two and three there.
A huge gap where people start to get or to pull out of something you wrote or said, something that you never intended.
And this has happened to all of us, you know, in arguments or conversations with bosses or coworkers or spouses or family members or whatever.
This has happened to all of us.
And it happened to me.
And so that's why I pulled the story.
Once I realized what was happening, I pulled it.
But in my retraction, here's what I said, quote, Importantly, I do not wish for my questions to be used in any way to discredit the film.
In fact, my entire intention was to ask for credit to be given to Dr.
Ruby and nothing more.
Perhaps I underestimated the reach of this platform in publishing this story, as this has set off a controversy that I did not intend and that I think is distracting from the film itself, which carries a critical message for our time.
And then I say that I acknowledge that all the people involved in this effort, including myself and Stu Peters and Jane Ruby and others, have worked tirelessly to help save lives and to try to empower others with the knowledge they need to know about the mRNA experimental jabs and so on.
So, that's essentially what I said when I replaced the story.
And that's, I just wanted you to know why I did that.
And it's kind of weird in the sense that we are so censored.
I mean, you know, naturalnews.com is one of the most censored sites on the internet.
You can't even share a natural news link in a private message on Facebook.
They won't even let you do that.
It's crazy, right?
So, it's incredibly censored.
But...
When the left-wing media wants to magnify something you said because they think they can use it, Well, then they're happy to link to you, or they're happy to let that story go viral, you see.
So it's selective, and it's insidious, and it's bad faith on the part of left-wing operators and, frankly, the vaccine cultists, who are, let's face it, mass murderers.
They are killing people.
We know in America they're killing over 2,400 people every day with these vaccines, but it's never enough for them, is it?
They want to kill more.
So if they can find a story that they think that they can reframe or twist around or quote out of context or whatever, then they're going to highlight that and let that one trend.
They will never let the truth trend if they don't like it, right?
But they'll let something trend if they think they can misappropriate it.
That's how wicked they are.
But I do want you to know that if I had been a shallow person and only interested in clicks or traffic, which is a very shallow thing to be motivated by, I would have left it up because it was getting crazy, crazy traffic.
But for all the wrong reasons.
So that's why I shut it down and retracted it and posted the retraction and replaced it, all that.
And I also put out the retractions on social media to let people know what had just happened, what I had just done.
So and then after that, of course, the traffic just plummeted because then it could no longer be cited as something that they would take out of context for nefarious purposes and so on.
So there's an example that I think is relevant to all of us in all of our lives where you've got to make the right call.
You've got to do the right thing.
Even if you have to pull back something that you published or you, if you have to Take back something you said to somebody because it was misinterpreted or misappropriated.
Sometimes you got to take it back.
And that's what I did.
And by the way, by doing so, I made myself a bigger target for the vaccine pushers who will say, oh, you, you, you, Mr.
Health Ranger, you're the one causing clots in people by telling people that the vaccines might harm them.
See, it's you.
It's you.
Now, I did not know that I had magical mutant X-Men powers to generate clots in people's bodies just by using words.
That's a whole new level of crazy psychic biological skill sets right there.
I had no idea I possessed that power.
Wasn't there a whole movie about that?
About the psychic U.S. Army?
It was called Men Who Stare at Goats.
Wasn't that General Stubblebine that was actually the real-life character who was depicted in the film?
And Men Who Stare at Goats, where there was this U.S. Army experiment where they would try to train soldiers to psychically stop the hearts from beating inside goats.
And apparently they had done this once, I guess.
Somebody had some success and managed to give a goat a heart attack.
Anyway, there's a movie.
It's a comedy movie, but it's based on a real thing.
It's called Men Who Stare at Goats.
And so I did not realize that we all had that power.
According to PubMed, according to this biomedicine journal, we all have the power to use words to make people's bodies grow fibrous clots that kill them, which I think is fascinating because Number one, this is kind of an admission that the clots are happening, isn't it?
It's kind of an admission that some kind of side effects are happening.
They're just placing the blame on people like you and I. But this is also, is it not, the biomedicine journal claiming that all of us have psychic powers over other people's physiology, right?
Now, that's an amazing admission for a biomedicine so-called science journal to say that, you know, again, we have psychic powers.
And now if we had such psychic powers to control people's physiology with our minds, couldn't we do psychic surgery with that, right?
Psychic surgery, as you know, is something that is called total quackery.
By the medical establishment and the science established.
Oh, there's no such thing as psychic surgery.
You can't use your mind to control other people's bodies.
They've always said that, right?
Until today.
Until today when they say, except if you're saying bad things about vaccines, then your mind has incredible power to cause clots in other people's bodies.
That's the new science, in case you were keeping track.
The new science It's not quackery anymore when they call it science, okay?
Just to be clear.
So it is a kind of psychic surgery.
But now think about it.
If all of us who talk about the dangers of vaccines, if we have this psychic physiological control mechanism, then wouldn't there sooner or later be psychic clot assassins?
Like running around society, you know, staring at people, using their minds and making clots appear, and then those people drop dead, and then they would move on to the next target.
Is this what, quote, science claims is going to happen?
Psychic clot assassins.
And apparently the weird thing is that this psychic clot assassination technique only works on those who have been previously vaccinated.
For some reason.
You can't do this to someone who's unvaccinated.
You can't make clots grow in their bodies.
Only the vaccinated.
And then that's why they're dying suddenly.
So I can see what the establishment is going to say.
So here's the story that's coming from the left-wing media about the Stu Peters film called Died Suddenly.
Here's the story.
It's going to be this.
Again, this is kind of satire, but this is the headline I'm going to come up with.
Stu Peters' Died Suddenly documentary is a recruiting tool for psychic clot assassins who are targeting Democrats for instant death.
Because that's who's dying, mostly Democrats, right?
Because they're the ones who took the vaccine.
So I can just see the headlines.
Stu Peters is going to be portrayed as the psychic clot assassin leader.
And they're going to cite this science, this biomedicine journal.
They're going to cite that and say, see?
It's real.
It's true.
It's true.
Stu Peters is a psychic assassination clot brigade.
You know?
And by the way, doesn't that make us all Jedis?
You know, because Jedis can do this kind of thing, right?
Good Jedis or dark Jedis, like Darth Vader, he was a dark Jedi, right?
But he could squeeze his fingers and make you stop breathing.
Lord Vader!
I'm sorry!
Right?
He did that.
And then he follows that up with what was a line, I find your lack of faith disturbing, or something.
I can't do Darth Vader's voice, obviously.
But if we're all Jedi, we have Jedi powers, imagine how interesting the world is going to get.
Now, you may have seen stories recently, too, about dropping sperm counts.
I think the latest number I saw, here it is, 62% male fertility is plunging by 62% worldwide.
Let me bring in that story.
This was on technocracy.news, which is a great site.
And we've interviewed the founder of that site as well.
Demographic winter, male fertility plunges 62% worldwide and is still accelerating.
All right, so here's the question.
Is this also being caused by psychic anti-sperm people?
Are they focusing on scrotum damage, basically?
And then just causing sperm counts to drop.
I can see the next science article saying, you know, out of this journal Biomedicine, sperm decline caused by people talking about sperm decline, right?
Because if you say sperm is declining, then it stresses out the men, and then they go, and then they can't produce as much sperm.
See?
See?
That's how it works in the science journals.
If you talk about it, it makes it worse.
So carrying on with our Jedi metaphor, these would be the dark sperm Sith that are seeking out scrotums to reduce world population.
Maybe this would be like the Bill Gates Dark Sperm Sith Brigade, you know, to go along with the Stu Peters assassination, Clot Ninjas, or whatever the media says that's all about, right?
Remember, this is all the new science now.
This is all, quote, science.
And we, quote, we follow the science.
We believe in the science, right?
We have consensus in the science.
So what else might they blame on this?
But this study, the sperm study, was out of Israel by Haggai Levine, lead author.
He said it's a crisis.
And he said that a low sperm count can contribute to testicular cancer.
Hormonal disruption, genital birth defects, and declines in female reproductive health.
Now, I don't know how he says that low sperm counts can cause female reproductive health, but it sounds like they're pushing transgenderism again to me.
Sounds like they're saying that women can produce sperm, so I don't know.
I mean, again, this is the new science.
Anything goes.
What if the real answer to all of this, why sperm counts are falling, is because they're testing sperm in biological women who are pretending to be men?
Now, for some reason, the trans man's sperm count is zero.
And can't figure out why, right?
Scientists.
But the thing that the reduced sperm count and, of course, the vaccines have in common is they're both achieving what?
Depopulation.
Because that's the goal, obviously.
So here's a story out of expose-news.com, another great website that we quote and support.
A secret CDC report reveals at least 1.1 million Americans have died suddenly since the COVID vaccine rollout, and another government report proves the COVID vaccines are to blame.
So this website, by the way, expose-news.com, they do a really good analysis of the numbers.
They're good at charts.
They're almost like a finance kind of website, but with vaccine data.
They're really good with the charts.
So they're worth checking out.
But it says here that official reports quietly published by the CDC... Are confirming that over 6 million Americans have died since the FDA granted emergency use authorization.
Now, of course, people do normally die, you know, on any given typical day, something like 7,700 Americans die.
So they're not saying that all 6 million of these people died from the vaccines, but they're saying that About 1.1 million are excess deaths, according to CDC reports.
So specifically, 1.106 million excess deaths compared to the five-year average from 2015 through 2019.
So these are excess deaths, then the 1.1 million.
And I've often said that's where this was all going to come out, is in excess mortality.
And that's what Ed Dowd is tracking as well, excess mortality.
And if you look at excess mortality and you see the 1.1 million, that lines up quite remarkably with the numbers that Ed Dowd has come up with, which predict about a 32% excess mortality in the general population, which comes to about an extra 2,462 people per day, which in one year reaches about 900,000 excess deaths from the vaccine in America.
So those two numbers, 900,000 versus 1.1 million, that's plus or minus 10% if you center it at 1 million, right?
Plus or minus 10%, give or take, which is a pretty reasonable range for any kind of epidemiological type of study or looking at demographic data.
If you get plus or minus 10%, that's good.
A lot of those studies are plus or minus 30%, 40%.
Just saying.
So these numbers are starting to line up, and it's pretty obvious that about a million Americans or close to that are dying each year now at this point from these vaccines.
Now, during the first year of the vaccines, i.e.
2021, there weren't quite as many.
The current estimates put that at about something like 600,000 plus.
But that's because the vaccines hadn't fully kicked in yet.
And remember, they destroy immune system function over time.
Or, according to the Biomedicine Journal, it's because the Jedi clot assassins are hard at work and it takes time for their clot assassination psychic powers to kick in.
Anyway, for whatever reason, during 2021, the deaths were ramping up and in 2022, they're really kicking in.
And you could surmise from this that over time, more people's immune systems will be compromised by this.
and the deaths would increase but then again fewer and fewer people are taking the booster shots at this point which is a good thing So vaccine booster uptake is reducing.
So then maybe these numbers will come down.
It just depends on how long the long tail is on these numbers for the excess deaths stemming from the vaccine.
Because in some cases, it looks like if a person stops taking booster shots, that their bodies can clear the mRNA particles Or instructions, and then eventually they can clear the spike protein nanoparticles bioweapons.
But in other people's cases, they just keep getting worse and worse and worse over time.
So it's not clear to me yet exactly which way this is going to go.
Except to say the best thing for every human being is to stop taking mRNA injections.
That's very clear.
And by the way, you know, I interviewed Dr.
Robert Malone a few days ago, and I asked him this question, like, is there any kind of a solution to this?
How do we get rid of the mRNA out of people's bodies, right?
And, you know, he...
He didn't really have a solution for it.
He said that it would take millions of dollars just to start up a research program to even look at that question.
Several million dollars.
And, you know, you're talking about how do you hijack the hijacking that has already hijacked your body's cells?
Because that's what mRNA does.
I guess it's a reverse hijacking or a lowjacking, I suppose.
How do you lowjack the mRNA out of the body?
I don't know.
Well, neither does Robert Malone, Dr.
Malone.
And he invented this technology, you know, 28 years ago, long before any of this ever took place.
Or at least he invented, you know, some of the precursor tech that has since been, you know, altered and gain of functionized or whatever you want to call it.
So nobody knows exactly how to get rid of this.
And in the meantime, something like a million Americans a year are dying.
Now, not all of them died suddenly, obviously, which means that Stu Peters is going to have to come up with another sequel to the documentary called Died Gradually.
Yeah, because some of these people, you know, I'm sorry to say, I don't mean to laugh about this at all, but some of these people die gradually.
They die slowly.
They die from cancers, right?
So these vaccines cause cancer to explode in the bodies of many people.
And even then, they don't die instantly from the cancer.
They can die over several months or weeks or months or even years.
So that's died gradually but still died from the vaccine or so-called vaccine, mRNA injections.
And if you think about it, what's part of the evil genius of this whole thing, the mRNA depopulation bioweapon, is that it distributes the causes of death across time and many different causes, right?
So some people die from the clots.
Some people die within minutes from, I don't know, strokes or just aneurysms.
I'm not even sure why some people die within minutes or 48 hours.
I don't know, because that's not even enough time for clots to form, really, or you would think, the fibrous clots.
But some people pass out and die immediately.
Some people die within weeks.
Some people die in months.
Some people die over years.
And because this is all spread out over all these different causes of death, then it's pretty easy for the establishment to hide the vaccine under the camouflage of all these other data sets you see.
It's like, oh no, no one's dying from the vaccine.
They're dying from cancer.
They're dying from neurological disorders.
They're dying from Alzheimer's.
They're dying from strokes.
They're dying from whatever.
Dying from heart attacks and heart inflammation and whatever else they want to say.
They just spread it out.
And then, by doing that, they eliminate the signal.
The signal of the vaccine-induced deaths.
And it is the signal that people like Ed Dowd are trying to tease out the data to try to filter out the noise to reestablish the signal-to-noise ratio so that you can actually see these signals.
And that's what Ed Dowd is doing.
And a lot of people like the Expose website, you know, expose.news.com, or dashnews.com, sorry, and a bunch of other sites are trying to tease out the data on all of this.
And of course, as you know, the vaccine industry also relies on censorship, you know, to try to bury the truth so that no one knows what's really happening.
So, yes, they're distributing the deaths across time and different categories of death, but they're also censoring people, obviously, to try to control the narrative, and they're paying off people, you know, to push disinformation and so on.
So, understanding that, think about what's about to happen because Elon Musk just said he's going to have general amnesty on banned Twitter accounts.
And he said, you know, he put out a poll.
Was it yesterday, I think?
And the poll asked, here it is, should Twitter offer a general amnesty to suspended accounts provided that they have not broken the law or engaged in egregious spam?
And there were millions of votes and 70% of the people voted yes.
So, then Elon Musk said, well, you know, it's done.
It's decided.
And next week, they're going to start reinstating all of these Twitter accounts.
And he's also confirmed, by the way, that only conservative speech was censored on Twitter, that there were essentially zero leftists who were ever censored or banned.
That this entire effort run by left-wing Twitter fascists was 100% focused on silencing conservative voices or people skeptical of vaccines or people talking about how bad Biden sucks or what have you.
Those are the only people that got banned.
Well, Elon Musk is about to bring them back.
And technically, I guess this means he's intending to bring back Alex Jones, too, because Alex Jones did not break the law on Twitter, and he did not engage in egregious spam on Twitter.
So technically, I think Alex Jones must be coming back.
I mean, if Elon is accurate in his explanation, that's going to be interesting.
And I guess that means that my own account will be reinstated as well.
I was banned many, many years ago.
I think I was banned before Alex Jones.
No, I'm not sure on that one.
I don't remember the ban dates on each platform, but we're all being banned around the same couple of years.
Anyway, if they let me back on, that's going to be really interesting because I'm going to start doing censorship test tweets, you know?
I'll say things like, there are only two genders.
It's like, censorship audit.
And just see if that survives.
You know, tweet something else.
Men cannot get pregnant.
Women do not create sperm.
End of story.
And just see.
See if that gets banned or not, right?
Just start stating obvious biological facts, right?
All women have X chromosomes, you know, things like that.
Things that you can look up in any science book written before the last five years.
So seeing that that was about to happen, you know, all the liberals at Apple started freaking out.
Well, we can't let Elon Musk bring back free speech.
You know, we can't have free speech.
That would destroy the world, you know, to hear both sides of a debate.
That would destroy the world.
So Apple is hinting that they're going to remove Twitter from the Apple, the iTunes store, and Google will probably do the same thing on its platform with the Google iPhones.
So Elon Musk then came out and said essentially, although this is a paraphrase, essentially he said, we'll launch our own mobile phone hardware so we can have our own phone store so people can get that phone and then use Twitter on that phone.
Basically, he's telling Apple and Google to go pound sand, right?
Which is a pretty smart move because, again, Elon Musk, no matter what you think of him, whether you agree or disagree, the guy is a marketing genius or a buzz genius.
He knows how to create buzz like nobody else.
He's really good at that.
And if you wanted to launch your own hardware phone platform and give people a compelling reason to use it, Wouldn't it be great if Apple banned Twitter and Google banned Twitter and the only way you could use Twitter from a mobile device is to buy the Elon Musk new Twitter phone hardware?
You realize how huge the sales would be?
Like, what a genius marketing strategy this is for Elon Musk to do that.
It's, again, it's genius.
And then anytime Elon just needs more traffic on the platform...
You know, to create compelling statistics for advertisers and so on, all he has to do is post a poll.
Like, should we bring this person back?
You know, yes or no.
Especially, he could put Alex Jones on there.
Should we bring Alex Jones back?
You know, and 50 million people will vote, right?
Or he could do this with all kinds of people who have been banned.
And you do realize that Elon has thought this whole thing through, because if he does the general amnesty that he already promised and brings back all the banned conservative accounts, then at that point, he can easily put up a poll that says things like, should we bring back Alex Jones?
And that's going to be a resounding yes, because all the conservatives got unbanned, right?
Again, Elon is thinking like multiple chess moves ahead on this thing, for sure.
Now, by the way, as a side note, I was on with Steve Bannon on The War Room a couple of days ago, and he was talking about Twitter and Elon Musk, and Steve Bannon says he won't use Twitter because he believes that Elon Musk, or Twitter, I believe, is too closely tied to Communist China money, you know, CCP money.
And he says that Elon's money through Tesla is very much tied to the Communist Party of China.
And also he talks about – Bannon talks about CZ at Binance being a front for the Chinese Communist Party and who else?
I think he mentioned Sequoia Capital.
The VC firm that helped fund FTX, which imploded and was a slush fund funding Democrats and everything.
I think Bannon said that Sequoia is also part of this CCP money front.
So that's something we all need to consider.
I'm going to look into that and just see if we can find, like, okay, is Twitter tied to the CCP or is it not?
Who are the investors in Twitter?
I honestly do not know.
But I think we all should know.
We should know where the money is coming from for these platforms, right?
Anything that we jump onto, like where is the money coming from?
So Rumble, for example, I don't know where Rumble's money comes from, but I would guess, although again, this should be confirmed, but I would guess it's conservative-minded or free-speech-minded, libertarian-minded investors.
I know it's investor money.
I just don't know who all it is.
Maybe it's a matter of public record.
I don't know.
I can tell you where Brighteon money comes from, and that's product sales at the Health Ranger store.
So all of you who have purchased products from us, you have provided funding for us to build and maintain brighteon.com and brighteon.tv and brighteonradio.com and so on.
That's where it comes from.
And I think, by the way, we're just getting a new annual bill for bandwidth that is crazy.
The bandwidth charges are just through the roof because of all the traffic.
And it's like, oh man, we've got to scrounge up how much money again this year?
Yeah, paying bandwidth is something.
It's worse than paying rent.
And there's no way around it.
You've got to buy bandwidth or you have nothing.
On the other hand, it's also remarkable how affordable it is compared to many years ago.
I mean, you'd be shocked.
I forgot the final numbers, but I think you could have thousands of people listen to a podcast for about a penny or something.
It's crazy how cheap it is now.
Again, don't cite me on those numbers, but it's something incredible.
So the fact that we're spending so much money on bandwidth just tells you how huge of a reach we have on the Brighteon platforms.
That's something to consider.
Anyway, I do want to say I'm going to give Elon Musk the benefit of the doubt on this.
And if Elon says he's going to bring back everybody with general amnesty, guess what?
I'm going to come back on Twitter and And the first thing I'm going to do after I say hello, bitches, is I'm going to say unban Alex Jones.
Because if Elon is going to be true to his word on this, you've got to bring back Alex Jones because Alex hasn't violated any laws and doesn't engage in egregious spam.
So there you go.
They've got to bring him back, too.
And then after that, I would start doing the free speech audit check tweets, you know, like there's only two genders and things like that.
And then just kind of see if the account survives.
Why not?
Let's try it.
And then, by the way, if advertisers flee Twitter, then all Elon has to do is reach out to conservative advertisers.
I mean, we'd love to be an advertiser on Twitter to reach the new unbanned conservative accounts.
And that's a demographic that is interested in preparedness and storable food and all the things that we offer, nutrition.
So look, hey, to Elon, you don't need all the former advertisers.
If they walk away like all those left-wing programmers, that's fine.
There's a whole new economy.
It's the economy of independent media and conservative-minded people or libertarian-minded people.
I should just say freedom, you know, health freedom, human freedom, freedom of speech, that.
Look, I don't consider myself like a party member of anything.
I just consider myself a principled, philosophical conservative that believes in freedom.
And that's it.
There's a bunch of people like you and I all over Twitter that apparently are going to be coming back.
Alright, now, last topic for today, and then we're going to move on to the Andy Sheckman interview.
So here's the topic.
Remember the Colorado Shooter Was it Colorado Springs?
Yeah.
The shooter that went into the gay nightclub was Club Q. Was it a gay club?
I don't know what it was.
And it was called Club Q. And the shooter went in there, right, and killed five people, I believe, and shot some others.
And then that U.S. Army guy retired, but a combat veteran, tackled the guy down and beat him in the face with his own pistol, which, again, you always get bonus points for that.
And then...
The guy's attorneys now, the shooter.
The shooter's attorneys then claim that the guy is non-binary.
That he identifies as they slash them.
And he's supposed to go by Mix Aldrich instead of Mr.
Aldrich.
Okay, because Aldrich is his last name.
So he's supposed to go by Mix Aldrich and his they-them pronouns.
Okay.
So...
And I ask the question, well, if this person is non-binary, then how can this be a hate crime?
Because a hate crime is typically considered when, let's say, like a white-on-black hate crime, or a black-on-white hate crime, or a straight-on-gay hate crime.
You know, the person committing the crime, if it's a hate crime, has to be the polar opposite of the victim they're targeting, right?
Kind of by definition.
But then this person comes out as non-binary, you know, essentially transgender, right?
So then it's transgender on transgender violence or transgender on gay violence is what happened at this nightclub.
And so therefore, how can this person be charged with a hate crime when they were the same, they were of the same philosophy?
So with that as a background, then there was a trans guest that came on to CNN. Who said that she or he, I don't know this person's pronouns or even their biological status, whatever.
She, we'll just say she, says that she can tell whether a person claiming to be trans is, quote, really trans or if they're faking it.
Now, this story was covered on the postmillennial.com, which is Jack Posobiec's website.
Breaking.
Trans CNN guest claims she can tell that Colorado Club shooter isn't non-binary.
Okay?
Now, follow me here.
So this trans guest says, well, I can tell if they're real trans or fake trans.
Now, immediately you might ask, does she have trans ray vision instead of x-ray vision, you know?
Trans ray vision.
How does she know if another person is faking it?
Because technically, she's faking it too, right?
Because I think in this case, this is a biological man who is identifying as a woman.
So the term for that is trans woman, but it's all in your head, right?
In some cases, people go all the way and they have the surgical procedures, but that's not even most of the cases with trans people.
In most cases, At least, this is my understanding of it.
In most cases, it's simply a decision.
It is a mental state.
And it's a mental state that you can invoke at any time.
You can also revoke it at any time.
Because it is a mental state.
So, for example, if you're a trans person, or if you're asked, you know, what do you self-identify as?
You can have a different answer every five seconds.
And that's accepted.
Because the very definition of what is trans is simply your mental state, your mental association.
And that's what's supposed to be accepted by everybody.
That's why you ask the questions, what are your pronouns?
Or PGPs, as they're called, what are your preferred gender pronouns?
And some people come up with some pretty wild stuff.
It's not just like, she and she and she and she.
No, some people have funny pronouns like your honor, you know, and every time you talk to them, hey, your honor, you know, you have, in order to respect the pronouns, you have to say that.
Or I guess some people could have a pronoun of senator, which perhaps that's what Fetterman is doing.
He's self-identifying as a United States senator who won an election that he really didn't.
But I don't know, that's a different story.
Anyway, this person comes on and says they have powers to be able to tell who's faking their trans status.
And what's astonishing is this trans woman's quote on CNN. Get this.
Get this.
She, who is a biological he, by the way, identifying as a she, which, I mean, let's be honest, it's a man pretending to be a woman, okay?
Says, quote, I believe...
They're just saying that, talking about the shooter saying that they're trans.
I believe they're just saying that because they want to have the easy way out on this.
That's really, really offending, especially being a transgender woman myself, that a male, which it was obvious with the mugshot, that's a man.
Okay, okay.
You got that?
So this trans woman...
says that she can tell other people aren't trans just by looking at them.
Which sounds like the most racist thing that you could possibly say, right?
In a way, like trans racists, to say that you can judge people by what they look like on the outside.
Isn't the entire trans philosophy based on the idea that you can't judge people by what they look like?
You have to ask them what they identify as, right?
Because on the inside, they may be completely different from how their physiology presents on the outside.
That's the whole point of the LGBTQ philosophy, or at least the trans part of that, right?
But this trans guest has psychic powers.
I can tell your trans isn't real.
But is your trans real?
No!
Your trans isn't real either!
And this brings us to the concept of trans privilege.
So in our society today, there is something as trans privilege, which means that if you self-identify as trans, You get a leg up on getting the job because there are essentially LGBT quotas in corporations, right?
You can get into college more easily just by claiming to be trans.
You can just say you're trans, boom, you're in.
Even if you're not necessarily qualified.
You can get immunity from censorship just by claiming you're trans and then anybody who disagrees with you, you claim that they're engaged in a hate crime because you're trans, you see.
So there's trans privilege and trans people are happy to invoke trans privilege, you know, when it suits them.
But this shooter guy, when he tries to invoke trans privilege, like, wait a second, I'm trans too.
Which means you can't charge me with a hate crime.
Then all of a sudden, the trans community, or at least some members of the trans community, are saying, oh, no, no, you can't use the trans card.
Only we can, and we can tell you're not one of us.
Why?
Because of the way you look.
So this is the new tolerance of the trans community judging people by the way they look.
You're not trans enough.
That's essentially what this is.
You don't look trans enough.
You look like a guy instead of a guy pretending to be a woman.
So how much you want to bet this guy is going to dye his hair purple?
He's going to do something.
He's going to show up in court fully transed up.
His lawyers are probably going to do this.
Put a purple wig on him or something.
Dress him up.
Nose ring.
I don't know.
What is the current garb of the trans?
I don't know.
I honestly don't know, but They like to alter hair color.
They like to alter, you know, they do piercings.
We've seen that.
Some of them do.
Not all of them, but some of them do.
So is this guy going to show up kind of in court all transified?
And what would that look like?
And then would the trans community totally freak out?
Oh, he's just playing like a trans person.
And like, do you hear yourself?
Like, this guy's pretending to be trans, says the trans person who's pretending to be trans.
Like, it's all pretend.
Essentially, they're saying, oh, he's pretending to be one of us pretenders.
How dare he?
And see how crazy that is.
But you see, the genius is that the judge can't argue with this designation because it is simply a state of self-invocation.
You say you're trans, boom, you are.
The judge can't say, I don't believe you, because that would be a hate crime against the trans community, you see.
That would be a hate crime.
So the judge is going to have to accept this because those are the rules.
Those are the rules.
The left set the rules.
They just don't want to follow them except selectively.
Like, we can tell you're not one of us because your fakery isn't faked correctly.
You're not good enough at the fakery.
It's just crazy.
Now, has anybody considered the possibility that this guy is trans?
That he does consider himself to be trans?
And that He may have encountered somebody at the club who disrespected him and claimed that his trans status wasn't real and that maybe that's what made him snap.
Is that a possibility that he went to the club?
He's like, hey, I'm at Club Q. I'm one of you.
I'm trans too.
My pronouns are they, them.
And then someone at the club, a trans, kind of an arrogant trans snob, says to this guy, oh, you're not trans.
You don't look trans enough.
We know because we can judge you just by the way you look.
You look like a man.
And then he snaps, goes home, grabs a rifle, comes back and starts shooting up the place.
Is that a possibility?
I'm not saying, I mean, we don't know that that's what happened, but is that not a possibility of what happened?
Maybe he is the victim of trans discrimination.
I'm not saying that justifies this, obviously.
No, nothing justifies, you know, outrageous violence against people of any persuasion, you know, or whatever, or skin color or what have you, right?
Violence is the wrong answer to this, but Is it possible that he was discriminated against because they didn't believe his trans status?
And do you realize by the way in society no one has laid out qualifiers for being trans.
There is no list of rules that's published anywhere.
For obvious reasons, because they don't want it to be, you know, kind of pinned down on anything.
It's just, it is what you say it is.
But if they're going to judge people and say you're not trans enough, then the question is, well, what are your guidelines for being trans enough?
How does a person demonstrate that they are fully trans?
Is there a point system?
Are there checkboxes?
Do you have to talk a certain way?
Do you have to dress a certain way?
Can you describe it?
How do you qualify as trans?
And see, you notice that colleges will ask people on admissions, like, do you identify, you know, or what do you self-identify as?
What gender?
And here's a list of, like, 97 genders, and pick one.
It's like Moon Angel or whatever.
But there's no definition that you have to meet in order to qualify because no one has published a list of accepted trans requirements.
And so I say, if you haven't published a list, you can't exclude anybody from your trans club by saying that they're not real trans since there are no qualifiers necessary.
Anybody can be trans, which I think is the whole, or at least part of the philosophy of the trans community, that anybody can be trans just by saying so.
And you don't have to prove it to the world.
That's the whole point.
You don't have to prove who you are.
You can simply choose to identify as what you want.
And if that's true, then that power, that right, that privilege should apply universally to everybody who wants to self-identify as anything they want at any moment.
And there are no requirements because it is all in your head.
It's all a decision.
So remember my thought experiment on this.
There are some employers that want to keep people who are trans, but they'll fire non-trans people because, you know, they want the social scoring trans credit, basically.
And this is true.
We've covered this before.
And I've said that one of the things that you can do if you work at a place like this and you think you're going to be fired for being non-trans is you can simply go to HR and you can claim to be double trans.
So you could say I'm a biological man, pretending to be a woman, and that woman is self-identifying as the man that you see standing here before you now.
That's why I dress like a man and look like one, because I'm double trance.
So...
Pretty sure you should get double trans credits for that, which in some companies would mean more time off.
That's right.
There are special benefits that are allocated to trans individuals.
Extra time off in order to handle the difficulty of being trans.
Seriously, this is part of HR in a lot of corporations now.
So if you're double trans, that's got to be doubly difficult.
You should get double the time off.
And again, no one can argue with you.
I'm double trans.
Just, I'm not joking.
If this is a state of mind, then anybody can invoke it at any time.
Or even from a genetic science point of view, you can say, yeah, of course, of course I'm trans.
Everybody's trans.
I'm full of trans.
I'm like, what do you mean?
I'm reverse trans.
All kinds of reverse trans.
Again, what do you mean?
Transcript days, man.
Reverse transcript days.
It's part of the genetic process of the human body.
It's the incorporation of information into the chromosomes.
Reverse transcriptase.
I'm trans.
Reverse trans.
Maybe you get extra credit for reverse trans.
You self-identify as someone who is reverse transcriptase.
I mean, if they can be trans, you can be trans.
And trans doesn't have any definition, and it has no qualifiers whatsoever.
You can be trans anything you want.
And the rest of society has to accept it, and if they don't, you accuse them of being involved in hate crimes against trans.
So think about all the new powers that we've explored here in today's podcast.
I mean, not only do you have psychic physiological clot assassin capabilities, you're like a super secret blood clot ninja assassin.
Like, that's amazing.
And then you also might have the super secret power to cause male fertility or sperm production to fall around you just by psychically wishing...
Wishing infertility on people or something.
On top of that, you have this incredible trans-psychic capability, apparently.
The transmutation, transmortification, transcriptase, whatever you want it to be.
Anything that starts with trans, trans-am, I don't know.
You've got it.
You've got that incredible psychic capability as well.
Again, this is all according to mainstream science now.
You're a psychic clot assassin ninja with trans capabilities.
You can transform into anything you want.
And nobody can challenge any of this because there are no rules.
There are no rules.
And obviously it's wrong to judge people on how really trans they are just by the way they look.
And that's such a blatant hypocrisy.
It's laughable.
Now, for me personally, you've heard me say this before, and this is actually based on my literal ancestry, by the way.
I am Afro-Irish Native American.
So, right there, had I known this before, I could have probably received a lot of extra college scholarships.
It turns out the scholarships I got were all based on academic performance and, you know, the college entrance test results and things like that.
But, had I known, you know, I'm Afro-Irish Native American for real.
And I could have invoked that, I suppose.
Because, again, I've got ancestors from Africa, ancestors from Ireland, ancestors from Native Americans, Native peoples of the current Americas.
have to have ancestors from anywhere in order to invoke anything you want under the rules of trans.
You can be, I don't know, you can be, you can call yourself like Malaysian, like South American, Malaysian, Colombian.
I mean, it can be any combination.
It can be anything.
You don't even have to be, it doesn't have to be people.
You could be like 57% robot or something.
I I don't know.
I am a robot.
And you could just self-identify as trans robot, you know, AI advanced system, getting ahead of the curve, trying to merge with the machines before it's required, you know, just to do it ahead of the game.
Head start.
You can be that if you want.
The point is don't let anybody push you around since you can invoke any status at any time for any reason in any way whatsoever and nobody's allowed to question that, okay?
So be creative here, folks.
Be creative in your job, in your academic career, in your professional podcasting or whatever it is you do.
Be creative because there's no limit.
And understand this is the most inclusive philosophy possible.
See, we're not trying to defeat the trans community.
We're trying to join them.
We're all trans.
It's just a question of what you want to be.
Which, actually, interestingly, was the starting philosophy of libertarianism.
It's like, you can be anything you want to be.
Just put your mind to it.
And sure enough, that's what trans is now, too.
You can be anything.
Just say it.
Just invoke it.
Just choose pronouns.
You're done.
Amazing.
Alright, so I'm going to leave you with that note.
What a fascinating topic.
We're going to jump into a completely unrelated interview with Andy Schachman.
We don't talk to Andy Schachman about trans-culture type of issues because he's an expert in gold and silver and money and finance and international transactions and everything.
Well, there's another trans.
Transactions.
Oh, I guess he is partly into trans stuff, it turns out.
As long as they're trans actions involving money.
All right.
There's a discovery.
No, I'm kidding.
Andy Sheckman coming up.
I think you're going to enjoy this interview.
And have a great weekend.
I'll be back with you Monday morning.
So talk to you then.
Thanks for all your support.
God bless you.
Have a great weekend.
Welcome, this is Mike Adams of Brighteon.com and our special returning guest today is Andy Sheckman, the CEO of Miles Franklin.
The website is milesfranklin.com.
Andy has been spot on with his analysis of what's happening on the global financial sphere.
Well, I mean, we're going to talk about the petrodollar status, BRICS Plus Nations, gold and silver, and also a little bit about what's happening in the crypto collapse space, which is quite an amazing way to annihilate tens of billions of apparent dollars overnight.
But Mr.
Sheckman, Andy, we love you.
The audience loves your work.
You've been just right on, spot on again and again.
Welcome to the show.
Yeah, you're too kind, Mike.
Thanks, buddy.
I appreciate it.
Thanks for having me.
It's an honor to be here.
Well, it's an honor to have you on, and I want to give a shout-out to Dunnegan and the crew over at Liberty& Finance.
That's where I first saw you, and they do a great job as well.
I love those guys and Kaiser and all the work they do.
So, folks, you can check out Liberty& Finance's channel on Brighteon and other platforms as well.
So, with that said, turning to you, Andy.
Give us an update, if you would, please, because lately, over the last, let's say, 45 days or so, I've seen so many news items confirming the things that you were talking about months ago.
For example, Mohammed bin Salman saying that China is their preferred trading partner, which means they're moving away from the petrodollar recognition.
So in your view, Andy, what has happened fairly recently here that confirms that things are moving in the direction you laid out for us?
Well, you know, I appreciate the kind words, Mike.
A lot of the things that we talked about came to a point where there had to be some supposition involved where we think things are moving, and certainly they seem to be accelerating quite a bit.
I don't know if when we last spoke we had gotten confirmation From MBS that indeed they have applied for BRICS. That was confirmed by him and by the President of South Africa a week or two weeks ago now.
So not only do you have him saying to the world, yeah, China is our biggest priority with In regards to oil this year and for the next 50, sounds very similar to what would have been said 50 years ago to the United States, but also that indeed they are joining the BRICS nations.
And I think this is a massive blow.
Now, it became very evident to me the day that We pulled out of Afghanistan in a very unharmonious way, that this was already baked into the cake.
But by seeing this type of admission, and now we see that Chi is going to actually fly to Saudi Arabia.
This is a guy who, by all reports, has only traveled once, maybe twice since 2020 with the pandemic.
That is now going, you would think, to seal the deal, I guess you could say.
Yeah, that's huge.
Yeah, it is huge.
That's a show of respect to MBS and the Saudi Empire.
Right.
That's basically saying, we'll come to you.
And if you read further into the article that talked about that statement of, yeah, well, China is our biggest priority for the next 50 years, it went on to say, we view the United States in terms of our relationship with them at this point is in terms of protection.
Well, you have these Senators now that are trying to bring a bill in front of Congress to remove the Patriot missile defense system from the United Arab Emirates, who, by the way, not only recently joined the BRICS Bank, but are also going to join the BRICS nations, and Saudi Arabia.
And so the protection Of the Saudi Kingdom for the last 50 years has been what has given the dollar its petro status.
I find it interesting that we look at the Shanghai Corporation and also, of course, the Belt Road Initiative.
All 13 OPEC-producing countries are on the Belt Road right now.
And so when you talk about a game of chess, Mike, We're really close to that point where, you know, I don't know that it's checkmate, but I think you could reasonably expect to hear something in the line of check pretty soon from a standpoint of geopolitical relationships that are being cemented amongst all of these countries.
And it gets deeper than that.
You know, we recently saw the Russian foreign minister announcing over a dozen new countries to Join BRICS. And it's interesting, I think, as we'll talk about this a little deeper, that this is a planned ascension, if you will, or a planned gathering country by country and the influence they have amongst their neighbors.
So the 12 that have recently announced Their BRICS intentions or that they are joining BRICS are, we've talked about Algeria, Argentina, and Iran, but now you have the United Arab Emirates, Nicaragua, Turkey, Indonesia, Senegal, Nigeria, who signed a joint military cooperation with Russia along with Saudi Arabia the day we left Afghanistan.
Oh, and Afghanistan, Egypt, Kazakhstan, and of course Saudi Arabia, All of these countries are joining BRICS. And, you know, it's interesting.
You mentioned Turkey in that list.
That's confirmed with Turkey?
Yeah, that they are in negotiations or have expressed their intent to join the BRICS nations.
And what's deeper or more interesting about Turkey joining BRICS is that for the first seven months of 2022, they bought more gold than any central bank in the world.
And we had the Russian finance minister come out Several weeks ago saying that they are going to issue a currency to challenge, or they called it a reserve currency, and it will challenge the West, and it will be pegged to commodities.
And so when you see, I'm going to get into this a little bit deeper in a moment, but when you see that Turkey as an example of that buying more gold that any country in the world for the first half of the year Expressing then their interest to join BRICS, gold being reclassified the only other tier one reserve asset, the finance ministers saying it's going to, this new currency will be pegged to commodities.
It begins to take shape a little more clearly.
I have a question for you along those lines, but I think Turkey is absolutely pivotal because of its role as a bridge of trade between Europe and the Middle East and even Russia.
So if Turkey is joining BRICS, That means, I consider Turkey kind of a gateway nation, right, between the East and the West.
And this is a very powerful indicator that the West is going to end up being isolated itself.
In other words, it looks like to me, of course I want your view on this, but it looks like there's going to be a global economic embargo against Western nations, essentially.
I don't know if that's the right way to say it, but it's like the rest of the nations...
Okay, yeah, go ahead.
It's exactly what it is, Mike.
I mean, it's the rallying cry, if you will, to get everyone to the table.
The Western hegemony and hypocrisy for centuries is coming to an end, and that is the rallying cry, but the glue that will make it all work will be the pegging of...
Every country will peg or pledge a commodity to a distributed ledger, and I believe it will be the rails of the Chinese digital yuan, which has been successfully transacting Sales, we call it a beta test for four years now or nearly, to the tune of over $20 billion, $25 billion in successful transactions.
They'll use the rails of this new digital yuan, which they rolled out for the public at the Olympics, I believe, to be the backing of the new digital bricks currency and the glue that will give everyone equal footing at the table that will make this work.
Is the pledging of gold or other commodities so that no one has a voice louder than the other.
Yes, right.
That, to me, is what makes it work.
The other thing that makes it work...
I'm sorry to interrupt.
Obviously, if this is pegged to commodities...
And it is distributed among these different countries, although there will surely be very dominant polar players such as China and Russia.
But no one country can flood the supply of this currency with digital money printing because it all has to be backed by commodities that I assume are going to be rigorously audited at some point.
Otherwise, the system doesn't even work.
But if no country can print the currency out of nothing, then my question to you, Andy, is wouldn't Americans want to put their savings in this system so that they don't lose 2% a month on the purchasing power of the dollar?
Well, I don't know that the Americans will have the ability to do so, but certainly most of the world will.
And when you look at the countries, you mentioned earlier BRICS Plus.
Well, those are the countries that I just mentioned.
We'll call those the BRICS Plus.
The Egypt and Afghanistan, Nigeria, Senegal, Indonesia, Turkey, Nicaragua, these are BRICS Plus, but they also have considerable influence amongst countries within their Let's call it backyard.
When you talk about Latin America and Brazil, you have Argentina.
You have Nicaragua and Central America.
When you talk about South Africa, you have Algeria, Egypt, Iran, Saudi Arabia, the United Arab Emirates, Nigeria, Senegal.
You have Afghanistan and Kazakhstan with Russia.
And in Central Asia, India and Indonesia and Thailand.
So these are strategic.
And all of these countries have either expressed interest or targeted for, I guess you could say, invitation to join the BRICS nations.
And so when you dig deeper into it, They talk about additional future potential candidates that will be expected.
We'll be in Central America, Costa Rica, El Salvador, Guatemala, Honduras, and Panama.
In Latin America, Bolivia, Chile, Cuba, Ecuador, Peru, Uruguay, and Venezuela.
In the caucus region, Azerbaijan.
In Central Asia, Mongolia, Kazakhstan, Turkmenistan, and Uzbekistan.
And in South Asia, Pakistan, Sri Lanka, and Vietnam.
Now, here's what's really interesting, right?
This is where it gets really interesting.
So of all those countries that I just mentioned, okay, let's talk about one, two, three, four, five, six, eight of them.
Here are eight countries, of which one of them, Venezuela, has already said they're joining.
And here are the gold holdings as a percentage of these countries' reserves.
Venezuela, 82%.
Uzbekistan, they have said they want to join, 65%.
Kazakhstan said they want to join, 63%.
Bolivia said they want to join 55%.
Belarus said they want to join 40%.
Turkey said they're joining 29%.
Pakistan want to join 29%.
And Kyrgyzstan, I can't pronounce it, 22%.
So you have all of these countries that have expressed interest or will be invited to join.
And they are massively accumulating gold that represent a significant portion of their Holdings as a percentage of reserves is in gold.
And these are the countries that will use that gold to give them an equal footing at the table.
The rallying cry is of the Western hegemony and hypocrisy and sanctions.
The glue is the pegging using distributed ledger technology, I guess you could say.
I don't know if I heard this from you.
It's possible I did, but I apologize if that's not correct.
But someone had said in an interview that these countries, when they join BRICS, If they had previously defaulted on debt to Western nations, that debt would be forgiven and they would not be penalized with poor credit rating inside the BRICS system if they defaulted on Western debt.
Did that come from you or have you heard of that?
No, I haven't heard that.
But here again...
You know, I guess you could say this will be a system based upon assets and commodities rather than debt instruments.
And that is what Zoltan Pozar called Bretton Woods III. This is a system where if you want a seat at the table, you better have the goods to back it up.
You bring that.
Yes.
And so when you look Back throughout time, go all the way back to Bretton Woods, when the dollar was anointed the world reserve currency, when countries could exchange, not citizens, but governments could exchange their gold back to the United States Treasury at a fixed rate, or their dollars back into gold at a fixed rate of $35 an ounce.
The world was flooded with dollars since the end of World War II. It made perfect sense for it to be the world reserve currency.
Once we went fiat and had the petro status, but no one could compete with our economy, with our military, with any of this until now, where you have countries that have advanced due to our trade deficits,
that have built and unified countries where I think it is moving to a period of time where These BRICS nations, which is now inclusive of Saudi Arabia, are purposefully separating from the West, and they're looking to forge forward with their own economy.
And when you talk about the significance of this, Mike, they have all the oil, they have all the productive capacity and all the gold.
And most of the world's commodities.
And I think that this is just the very beginning of the end of the Western dominance because these countries now combined have a larger GDP, a more imposing military presence, and they are coalescing using commodities to back what is a flawed system here in the West.
The system based upon debt and debt instruments rather than one based upon the anchor and that is some form of a commodity backing a currency and what better way to roll out a central bank digital currency than to use the immutability of what is being held and the veracity of it on a central bank digital currency platform for everyone to see.
This is the next big question I wanted to ask you.
So in addition to gold and likely silver, to your knowledge, is there discussion of energy commodities or mineral commodities that could be used as collateral by nations to participate in this system?
For example, could a nation bring copper or barrels of oil or something like that?
The Russian finance minister, when speaking of this, actually mentioned things such as grain or oil or natural gas or any of these things.
And people will say, well, how do you make that work?
Well, if you have a digital currency or a digital platform, So maybe one country pledges grain.
Well, you have to keep this amount of grain rotating in a reserve, you know, in order to have your seat at the table or whatever it may be.
I mean, there will be guidelines in order for you to have equal say at the table.
So, yes, he made it sound as though it would be things such as precious metals and other commodities such as oil and grain and And the like.
So yes, that is the way that it sounded.
Now, I think it would be better if it was just gold.
It would be more straightforward, but I'm sure that they will figure out something that, look, anything that is backed and tethered to a commodity, when you're talking about a money supply problem, is certainly better than a currency that can just be created out of thin air with the keystroke.
This is something I think the world will be looking happily to move towards.
For this system to work, however, it has to be audited physical material on hand and not ETFs or contracts on gold like, you know, the COMEX scams and all of that.
I mean, this has to be physical stuff that is inspected, audited, certified.
You know, if you're a country participating in this, you can show you've got the fertilizer or the grain or the oil.
Or the billion cubic meters of natural gas or whatever it is.
Otherwise, it's no better than the U.S. system, which is all based on BS. Well, it's interesting you say that because that's always my one comeback when people talk about stable coins backed by gold.
Well, who's holding the gold?
Who's auditing it?
You know, what kind of gold is it?
Whatever.
So you're right.
And in order for them to make it work, it would have to pass the smell test.
So maybe they have it held in Swiss vaults or maybe they have it audited by independent auditors.
I don't know what the criteria will be.
But if you're going to try and issue a currency pegged to commodities to challenge, you know, the dollar, you better have all your ducks in a row.
And I think that's exactly what they will do.
It's what I would do if I were formulating this game plan.
But, you know, look, you can really, really, really see that it's happening.
And when you add on to it, Mike, the amount of metal that's been exported out of the United States just in the last quarter, let alone the last year, or really the last three years, things are starting to get really, really interesting when you try and put all the pieces together.
Follow the crumbs.
They're leading 100% to the East.
And we can talk about that if you'd like, because what's coming off of Comex right now is almost unbelievable.
And last week we saw an article from Reuters and Bloomberg talking about this.
And it's something that I think people should know about in terms of putting an exclamation point on these countries and their accumulation of commodities, really at the expense of the West.
Well, yes, yes.
I think so many countries in the world have come to realize that they are materially poor because the US petrodollar status effectively looted their countries for many decades in an unfair manner, and I think they're tired of being ripped off, right?
So what's going to displace the US system would be a system that is...
And no cheating is happening.
And the amount of abundance that will come out of that...
Would be extraordinary.
I mean, imagine if you're a country that produces something.
So you produce, let's say, corn.
You put up corn as your asset into this system.
You get currency against your corn reserves.
You can use that currency to buy oil or gas or fertilizer or whatever instead of the current system, which is you sell corn to the U.S. and you get debt bullcrap.
Right?
You get useless crap dollars and treasury bills for your corn.
And that's insane.
Well, what you just said is exactly what I was trying to say.
The rallying cry is just that.
Look at how we've been cheated.
That gets everyone to the table.
And when you look at the decisions that the current administration has made, and in particular weaponizing the dollar, Weaponizing the dollar as the world reserve currency is something that is very foolhardy, unless it was intended.
Unless it was intended to light the fuse to blow up the system to reset, because you're $150 trillion indebted.
When you talk about consequences of blowing up the system, the rest of the world says, look what they did to Russia.
Are we next?
They stole their assets.
They kicked them out of the swift.
Look at how big of hypocrites they are.
Look what they do to the world.
And yet they have the power to say, you can and you can't use the dollar.
And not only that, we're going to take...
What you have.
And so that has incentivized the world to expedite things like SIPS, the cross-interbank payment system, or Enbridge.
And I don't know if you know much about Enbridge.
No, I don't.
Embridge, as in Mary, is a technology that was invented by several or three or four countries In particular, I believe it was the United Arab Emirates, China, and I want to say Singapore, perhaps.
I forgot the third country.
Anyway, they just finished I want to say somewhere in the neighborhood of a 12-week beta test.
And it is a technology that allows cross-border payment systems using central bank digital currencies, all of which circumvents The U.S. intermediary banks.
In other words, it circumvents the Swiss system.
Right.
And so these countries are rallying against the hypocrisy of the West, as you said.
And in order to make it work, to be paid in something that is real, it has to be backed by something instead of backed by debt bullcrap, as you said.
And that's exactly right.
And that's if done right.
This is why it will work.
It'll work because you have the rallying cry.
And, you know, this Enbridge system, they processed something like $25 million worth of transactions.
All of it went immediately between two countries and their central bank digital currencies.
It was China, UAE, and Thailand.
And it worked.
And so they're building systems to circumvent SWIFT. You can see the pieces are being put together right in front of us.
What I find so fascinating about sending money internationally or clearing transactions internationally, even the SWIFT system, as you know, Andy, the SWIFT system doesn't actually send money anywhere.
It's a communication system where both parties agree to implement The instructions like you add 100 million over here and then you deduct 100 million and we both agree to do that and that's it.
That's how money is sent.
It's a messaging system.
So the system you're talking about, what did you call it?
The M system?
So the first is SIPS, Cross Interbank Payment System, and the other is M-Bridge, which transacts central bank digital currencies cross-border.
There we go.
So all M-Bridge has to do to work is be secure and to be agreed upon on both sides and Audited, you know, checksummed, confirmed on both sides.
And then, boom, it's a money transfer system, so to speak.
It just has to be a secure communication system that both parties agreed to abide by.
And that's it.
Yeah, well, and that's what's happening.
And so, you know, we've incentivized the world to do this.
And, you know, when you talk about A lot of people say to me, you know, Andy, you know, these things you say, they're frightening, and it's crazy, and if these things are happening, why isn't gold and silver reacting?
Yeah, there's an interesting question.
It is, and it's, you know, talking to someone like you or to your listeners, it's easier to talk to them about this, because they'll understand what I'm saying.
You try to talk this way to someone who is mainstream, they look at you like you have horns coming out of your head.
Like we're speaking Klingon or something.
Right.
They have no idea how money works at all.
So the bottom line is simply this.
If I didn't see what I see from the top on down, I'll explain this in a moment, The suppressed prices would be something that would start to get to me by now, where a handful of commercial banks can suppress the price forever.
People say, well, what's going to make them stop being able to hold down the price with levered futures contracts, which they've been doing forever, where the commercial banks suck in the speculators by letting the price rise, the hedge funds buy the options, and then they smash the price at options expiration.
The options expire worthless, the price collapses, and they rinse, wash, and repeat it, on and on and on and on.
And it's a system that has made a lot of people grow weary.
Now, someone looking from the outside says, well, you have a world that is in chaos, and 40-year high inflation and wars and gold and silver really aren't doing what they're supposed to do.
Well, this, first and foremost, is by design.
It is called misdirection.
But what I see happening betrays the manipulation of price and rhetoric.
Now, we could scour the COMEX reports and the exchange for physical reports and all of the numbers that would easily allow me to explain manipulation.
We could talk about it for an entire hour.
But let's just sidestep that for a moment and agree that the markets are suppressed by the biggest money in the world, and they're able to do it with levered futures contracts, where the price of the commodity is controlled by the futures market, not by the underlying commodity.
That in and of itself is a problem, but where five six seven thousand dollars controls a hundred thousand dollar gold contract the ability of these big banks and hedge funds to control the price through futures contracts is extraordinary but Here's what's betraying that.
When we talk about the supply, now in 2020, I started talking about this group called the Others.
You go back and listen to my podcast.
Three years ago, you'll hear me talking about where did these others come from?
Who are the others?
The COMEX publishes a report Every week it's called the Commitment of Traders Report and it shows the positioning of the largest traders on the exchanges, on the COMEX. It used to only be the commercial banks on one side and the hedge funds called the speculators or specs on the other.
And in 2020 there was this new group of reportables that came out of nowhere on the Commitment of Traders Report called the Others.
And they're believed to be family offices and sovereign wealth funds.
Really?
And they have been draining COMEX Literally for three years, to the point where in 2020, they took more silver off the COMEX than had been done in a decade's worth of time prior.
More gold in one year in 2020 than the Bank of Japan holds in their official reserves.
Whomever these others are, are very, very wealthy and in the know private investors.
But let's just focus in a little bit more recently.
When we talk about the LBMA, the London Bullion Market Association, their silver vault levels have been contracting sharply.
And at this point, last I looked, there was only about 300 million ounces within the LBMA. And if you realize that just in the month of July, They delivered off the exchange 46,500,000 ounces.
You keep deliveries like that, and by mid-2023, all of the silver on the LBMA is gone.
In fact, their stockpiles right now are the lowest it's ever been since they started keeping records of inventory, ever.
And on the COMEX, the registered stockpile is the lowest it's been since 2016, and it's fallen by over 70% in the last 18 months.
Right now, there's only about 35 million ounces of silver on the COMEX exchange in the registered category.
That's just over 7,000 contracts.
You're talking about something, that amount of silver backing the price-setting mechanism of the world where India is expected to import 300 million ounces this year, where in the month of September they imported 45 million or so ounces.
And so you're seeing Massive deliveries come off of COMEX, where just a few weeks ago, in one day, 45% of all of the kilo gold bars on COMEX were delivered in one day, which represents about 26 million ounces.
So who's got that kind of money to do this?
But Andy, to complete your thought here, how does the dwindling available supply of these metals make it more and more impossible for the paper manipulation of silver and gold pricing?
So that's a great question.
So there was an article that came out Just the other day by Reuters and by Bloomberg, and it talked about the mysterious gold whales.
And it said that the central banks bought 399 tons of gold in the third quarter of 2022, which was 340% higher than Q3 2021, and almost double the previous record in 2018.
It also marked the eighth consecutive quarter of net purchases and brought the year-to-date total to 673 tons, and that's higher than any full year ever since 1967.
But Bloomberg called the buyers mystery whales, and they postulated that the mystery buyers were likely either China, Russia, Saudi Arabia or India.
Now, where have we heard those names before?
Right.
Same group.
And the interesting thing is that of the 400 tons purchased, only 120 tons were registered or were attributed to a specific country.
Two-thirds of it, they had no idea where it was going.
But let me try to explain what this really means.
Is that possible?
What anonymous gold buyers?
Yes.
But let me tell you what that really means.
So I have had the good fortune of doing some fairly significant silver orders over the last six months or so.
One of which was $35 million worth of 1,000 ounce silver bars.
And They were going to be stored in our Brinks program.
And we have vaults throughout Canada and the United States, including New York JFK and Salt Lake City.
Salt Lake City Brinks is probably their bellwether facility.
It is, I believe, the biggest in North America.
And the client wanted to store these COMEX silver bars at Salt Lake City.
So I spoke to the gentleman whom I got the bars from, who was very high up the food chain, and I told him this, and he said, listen, you'd be better off having the client keep them at Brinks JFK, where they're located right now.
They'll have, it'll be in their best interest.
And I'm like, well, what do you mean?
Brinks is Brinks.
And he said, because Brinks Salt Lake City is not a COMEX depository, but Brinks JFK is.
And I said, well, so what?
Brinks will have brought the bars in their truck to Salt Lake City.
They will have maintained within the Brinks chain of custody the entire time.
And he said, yeah, but they left the COMEX chain of custody.
And now they're no longer a COMEX-approved or eligible bar.
And I said, well, okay, does that diminish the liquidity?
No, you'll get great liquidity at Salt Lake City, but what you won't get is the industrial liquidity, where if Elon Musk says I want to pay $27 an ounce over spot for anyone who wants to sell me a 1,000-ounce bar, You would have to have them re-put back into the system and re-assay, even though they never left Brink's custody because it left COMEX custody.
So the point I'm trying to get to you is this.
If all of this metal is leaving the COMEX and being delivered off the exchange, and all of this metal, because our official gold holdings haven't changed according to the U.S. government, yet 400 tons were exported this quarter Where is it coming from?
Well, it looks like it's coming off the COMEX as a one-way street.
Why is palladium allowed to trade where it is or rhodium?
Because there's not enough of it if players start to call for delivery for the traders to manipulate it.
We are entering a period of time where the biggest money in the world is using price and rhetoric to clean the shelves.
And by the time the public wakes up to realize that they need to have gold and silver, it will be gone because where does it all come from?
It comes from the COMEX and the LBMA. Those bars are what are used to make the blanks that are used to make the coins.
But what if you can't get any good delivery bars, gold or silver?
Then what?
Because the biggest money in the world is front-running what is coming and the massive acquisition by other countries, in my opinion, to clean the shelves before everyone else realizes it.
And it really seems to be happening this way.
And that is why These prices in and of themselves don't discourage me because it is being betrayed by the sophisticated buyer using that as cover to empty the shelves.
Right, and that action has a limited window of time because eventually you run out.
And if I have a contract and I say, I don't want cash settlement, I want delivery, well, I can't get it.
What's it worth?
The price goes parabolic.
So why are they pulling it off the exchange?
Because maybe they see that time coming and they are positioning.
I think these wealthy, informed, connected individuals, my guess is what they know is that debt-based currency systems are going to collapse.
So they're trading currency for gold and silver, taking the metal off the grid, storing it, waiting for the currency reset, right?
And then After the reset, there will be the ability to buy, using metal, a tremendous amount of whatever new currency there is, which may give you a thousand percent return or more on what the old currency would have been worth.
So they're going to buy their way back in at a much higher stake while the masses are completely screwed.
That's exactly right.
It's like 1933, Mike.
In 1933, when gold was confiscated, all of FDR's buddies and cronies, like, you know, me and you go to high school together, and I'm FDR, and you're my buddy, and I'd say, hey, there might be a gold confiscation in the near future.
It might be worth it for you to get all your $20 gold pieces on the steamship that me and my buddies have it on heading to the central banks of Switzerland.
And we'll put them in there.
And I have a friend here in Florida who is the largest importer of gold numismatic coins, U.S. coins.
In North America.
And he has told me that the majority of the $20 gold pieces that this market has seen over the past decade have come imported from central bank vaults or safe deposit boxes.
The wealthy knew that gold was going to be confiscated and they started to send their metal to the central banks, the safety of the central banks in Europe.
And so, you know, that's the exact same thing we're seeing here.
It was front running of the inevitable and the people that are doing these things that have the anonymity of being called others are closest to the information.
Just like the buddies and the wealthy that were connected to FDR and the people pulling the strings in 33 all sent their gold to the safe deposit boxes of FDR. You're up.
So this is front-running.
This is misdirection.
And I talk about misdirection all the time, Mike, in any game you've ever played in athletics, whether it be chess or basketball or football or any sport more or less where there is an opponent or opponents, the objective is to misdirect.
And misdirection is pervasive in everything from athletics to finance to warfare.
And I think this is classic misdirection where price and rhetoric is being used to allow these people to reposition before it becomes very obvious that this is what needs to be done.
There's so much money out there.
Where a guy like Steph Curry, you know, could buy half the available stock on COMEX. So it's a situation where this has been done methodically, where over the last 18 months, 70% of the registered bars, those are the bars registered for delivery, have been delivered off the exchange.
In my whole career, Mike, 1% or less of COMEX contracts would settle for delivery.
It was never used as a delivery mechanism until now.
And it's only being done by the most sophisticated, well-funded, well-informed traders on the globe.
So when they're front running, it's important folks to pay attention to what they're doing because you might want to join the inner circle who have inside information rather than following the herd off the cliff.
Now, Andy, let me ask you a different question here.
I just want to go back to the BRICS A global reserve currency question here, and we'll do about another 10 minutes if you're okay with that.
I know it's getting late where you are.
But any idea of the timing of this?
I know it's difficult, but can you give us your best estimate of when that system will be embraced and actively taking over international clearing of transactions between the BRICS plus nations?
I think it'll be sooner than most people think, but I don't think we're quite there yet.
I don't know when it would be.
I think it'll be before this administration is out of office.
I think it'll be sometime in the next year or two, if not much sooner.
But when you see The things like the Enbridge technology test that was just passed.
When you see China saying that, or Saudi Arabia saying rather that Saudi Arabia, pardon me, Saudi Arabia saying that China is our biggest priority for the next 50 years.
When you see these things starting to happen, to me, it just tells us that we're getting much, much closer to it.
I don't know exactly when it happens, to be honest with you, but I think it's getting much, much closer than Than it's ever been.
And I think if you're going to do something like this to dethrone the dollar, it has to be done the right way.
And it's interesting when you see the amount of gold acquisition by all of these countries that have expressed interest in joining, like Turkey, who bought more gold over the first seven months of the year than any country on the planet.
They are, I think, strategizing and they're going to do it the right way.
So I don't know, but if I had to guess, it'll be before we see a 2024 election, we will see the BRICS nations.
In fact, if I had to guess, I'd call 2022 the year of Ukraine and 2023 will be the year of the BRICS, if I had to guess.
Okay.
All right.
Well, then that means we may not have an election in 2024, just depending on how quickly the dollar implodes.
You know, think about a U.S. regime, like the Biden regime, being unable to just print money and pay everybody off and bribe everybody and run slush funds and send billions to Ukraine and have half of it come back as kickbacks.
If they lose that ability, they fall, you know?
Well, why would Saudi Arabia want anything to do with this when a week or two ago Biden stood on a stage and talked to the members of the Paris Accord and said, we are so sorry we left, but we are going to continue to push away from fossil fuels and we're going to pay developing nations $20 billion for all of our pollution.
Well, we're telling Saudi Arabia that we are moving away from From fossil fuels and combustion engines when the countries and all of the people that are joining BRICS nations will represent north of 75% of human population.
And they're not moving away from the combustion engine.
And they have a bigger military.
And they don't have to worry about having their currency or their wealth sanctioned by the West.
But in order to do this, this is a deal where I think the West will Kick and scream and try to bring as much down with them as they possibly can.
So this is not going to be something that is just easy to do, but it has to be done the right way.
So I guess when all the pieces are in place, but if you're looking From above, you can see that they are certainly being little by little put into place.
So I would say 2023 will certainly, we will begin to talk more and more and more and more about the coalition of the BRICS nations and the plethora of countries that will continue to sign on to the BRICS accord.
I think it's going to be funny after all of this.
I mean, this is kind of sarcastic, but after the BRICS Plus announcement takes place, the dollar implodes, the U.S. is going to start complaining on the world stage, asking, what should we do?
And the rest of the world is going to say, get a job.
Like, produce something.
You know what I mean?
Like you would say to a teenager that's been sitting around at home collecting money, living in the basement, eating Pop-Tarts and pizza.
Like, get a job, man.
Get out and do something.
The whole world's going to say that to the United States.
It's going to be well.
And what do we produce?
We don't produce anything, really, but we export debt and inflation, and we've outsourced all of our production capacity.
That's exactly right.
And that is part of the rallying cry.
And look at these lazy, fat hypocrites.
This will get everyone to the table.
And if they do it the right way...
And they use a fair, commodity-backed system that allows everyone equal footing at the table and equal save, it'll work.
And I think you'll get more and more countries.
I mean, look, you got the German chancellor now who's going to China to meet with Xi, and rumor is it is to have him intervene in the war because I think, you know, a line was drawn when the pipeline was busted and Germany is going to freeze.
I buy bars from Swiss refineries who tell me, look, we're not sure if we can commit to orders this winter because we don't know we're going to keep the lights on full time.
And so when you talk about alliances being broke, at some point it's every man and woman for his or herself.
And I think that's kind of what is happening.
And when you look at the countries that represent the West, They are all broken and solvent.
Yes.
And I think they are losing their, really, the lure that has been the West and the United States for all of our lifetimes has been squandered.
And I think that is the perception that these countries are beginning to realize.
Yeah.
That's what is starting to really speed things up.
Last question, subject area for you.
Now, for many years, the crypto proponents said that Bitcoin is digital gold.
In the last year, the crypto space has gone from a total aggregate valuation of $3 trillion to now, I think, 800 billion, something like that.
So a loss of, what, $2.2 trillion of value.
It's been a bloodbath, right?
So most of these are down 70% or so, some a lot more, a few a little bit less.
So clearly the debate is over.
Crypto is not digital gold, period.
In fact, it never was.
And I always laughed at that statement because the thing that makes gold gold is that it's not digital.
That it's real and physical and in your hands.
But, Andy, do you want to comment on the FTX implosion and crypto versus gold?
Or are you seeing some people come out of crypto and get into silver?
Kind of just contrasting those two realms.
What are assets, really?
Well, you know, look, I think, to me, cryptocurrency has always been digital error.
And it was something that always...
I don't know.
Frightened is the wrong word, but it's something that made me very uneasy.
The safety of it, the validity of it, the safekeeping of it is something that always was...
Very concerning to me, but I never looked at it as gold.
I looked at it as something that was nearly make-believe, and I couldn't believe the amount of people who stake their reputation on these cryptocurrencies.
What do I think of it?
I think that this is, if I had to guess, was Almost orchestrated to the extent that what did they think was going to happen?
They flooded the economy with money.
They didn't regulate an industry where you have billions of dollars running through the hands of a very small group of inexperienced and unsophisticated and You know, individuals who created a mania.
And it certainly, you know, the FOMO of it certainly made a lot of people wealthy.
But if you would have asked the government to come in a couple of years ago and talk about regulating this ecosystem that was always sold as a...
As something that was decentralized, it would have been fought tooth and nail.
Well, now you're seeing one exchange after another, after another, the systemic drawdown of not only trillions of dollars in value, but also in not just in market cap, but in people's life savings and pro athletes. but also in not just in market cap, but in And all of these people are getting clobbered and losing money.
And pension funds, Canadian teachers' pension funds.
Exactly.
And now that gives the West or the government the ability to come in and say, see, you all need regulation.
And that's what they're going to come in and do.
And they're going to come in and regulate this industry.
And cryptocurrency, I think there's no coincidence that you have all of these new IRS agents who are coming in.
I talk to clients all the day.
There's this one gal who tells me all of the Cryptocurrencies that she's traded amongst, you know, within her ecosystem, within her account from one to another to another to another and never reported the sales.
I said, are you out of your mind?
I mean, that's trading from A to B to C to D back to A to D to E to F. Those are all taxable.
Well, no one knows.
Right.
Well, when you leave the ecosystem and you went in with A and you come out with D, how did you get there?
And I think that this is going to be an environment that not only is going to get regulated because of things like this, but is also going to be highly scrutinized.
And I don't think we've seen the end of it.
I think that this is only the very beginning.
I mean, it's like if If you look at what happened in 2008 when the banks collapsed, it started with the housing market going belly up the year before.
Well, when you look at the systemic nature of all of the players involved in this, I think the final chapters of this haven't been written yet.
And all I want to know is why is this Bankman Freed not in handcuffs yet?
Which really bothers me why he is not already...
And when you look at, when you talk about systemic, you know, a few days later you see this Genesis Global and they suspended redemptions.
Well, people might not know what Genesis Global is.
I didn't until I realized that they were the liquidity provider for the Grayscale Bitcoin Investment Trust, which is a $6.7 billion ETF. And that is now trading at a 40% discount to its net asset value, as I'm sure people are freaking out about its exposure to Genesis Global.
But you're talking bringing down a lot of people and a lot of money, and these accounts are levered and rehypothecated and used as leverage against other assets.
You know, you're talking, this could be a very, very big, big fallout that is yet to be resolved.
And that is exactly why you will see massive regulation moving forward.
And the cryptocurrency universe that people thought they were getting into over the last several years, I think, is going to change dramatically.
Not to mention you have the government just came out last week and said with a half a dozen or so of the biggest commercial banks in the world, including MasterCard, they're issuing a 12-week beta test on the new central bank digital dollar.
So, you know, just in time to usher that in.
One comment and one clarification on that.
I believe that Genesis only halted redemptions from its lending unit, not the entire exchange.
However, that may be coming.
But the other point is, think about this with me, Andy.
How many terawatt hours of electricity were wasted over the last five years mining cryptocurrency that is now on the way to being worthless?
I mean, just think about the electricity usage, the coal burning, the higher rates that other people paid on the grid because there was so much demand from crypto mining on that same grid.
It's extraordinary.
There was so much energy used In finding tokens or mining tokens, solving pointless mathematical problems on these GPUs and mining units that effectively did nothing of any actual utility in the real world.
It comes to nothing.
Zilch.
You got nothing to show for it.
At least if you had a shovel and you were digging for gold, you would have found a few flecks by now.
You know what I mean?
That's exactly right.
It's been tough to have...
My opinion has always been it didn't have to be a one or the other.
And I think...
The whole concept of what Bitcoin originally was what stood for decentralization and private money and outside the dollar.
Well, that's what gold is to an extent.
I mean, gold is one of the only assets in the world that is not simultaneously someone else's liability.
It's in your own possession.
There's no counterparty risk.
It's been money for thousands of years and it can't be inflated away.
That's what I originally thought that Bitcoin was all about.
And it's turned into something much more than that.
It's turned into a casino and a Ponzi scheme.
And, you know, the purity of it is...
It has been lost, in my opinion.
But there will be applications for distributed ledger technology and there will be uses for it, I guess you could say.
It's going to be the foundation of every currency moving forward.
The Bank of International Settlements said that every country that is part of the BIS network must have a central bank digital currency by 2025.
It's coming.
No question about it.
But the wild, wild west, that is, cryptocurrencies, I think not only is going to be vastly different with the IRS officials and the regulation that's coming and the fallout of this that is yet to be resolved, but it's also going to be the era of central bank digital currencies and probably the removal in the very near future of anything that resembles cash.
And I'm willing to bet that the new BRICS World Reserve currency won't be run by 10 college roommates living in a frat house, sleeping with each other on beanbag chairs and being unshaven, dirty vegans who don't do math.
I'm pretty sure that's not the plan for the new currency.
Yeah, and when you realize, you know, the amount of...
People that should have caught this along the way, it really becomes a whole other story.
But yeah, you're right.
They won't be.
And that's why I think that's why these things were allowed to happen, for everyone to come in and beg for Regulation.
And when you, you know, I think it was Ben Franklin who said, when you give up your privacy for a little bit of short-term safety, you never get it back.
And that's something to that extent anyway, he said.
And that's what you're going to see here.
You're going to see regulation in this industry will never be the same again.
Most of these cryptocurrencies will never pass the sniff test of regulation and they'll all die.
And the ones that won't will be the ones, as you said, perhaps that offer some form of utility.
But these other meme and Dogecoin and things that have enriched and made people very wealthy also hurt a lot of other people.
I think that's it.
It's going to be gone.
And I wouldn't be surprised if...
2023 is also the year of massive cryptocurrency regulation.
Well, every time that crypto crashes, Andy, I have a little stack of silver coins on my desk.
You might be able to hear some of that right there.
It's just a little stack.
And every time crypto crashes, I turn my head to the side, I glance at this stack of silver, and amazingly, none of it has vanished.
It's all still there, and I marvel at the atomic reality of silver and how this does not depend on anybody else in the world to buy or sell or cheat or be honest or anything.
It's all right here, physical.
So, Andy, tell people how they can reach you if they're interested in this amazing atomic substance.
I really got to tell you, I love your work.
I love being on your show.
I really appreciate being here, and I think you do a great job.
Keep doing what you're doing.
I watch everything you do.
Our new website literally, I want to say, is a week or so away from launching.
I believe we're going to open it up on Monday of this next week to my office as a soft launch to go through the bugs, which will allow people for the first time to purchase online.
Our website right now, milesfranklin.com, is really laughable.
It's good for information.
It doesn't allow purchasing.
The new website is fancy and will.
Within somewhere between the first and second week of December, it will be live.
People who are interested in getting a price list from us can send an email to info at milesfranklin.com.
We will send an updated price list.
We are always amongst the most competitive in North America.
We are licensed and bonded.
We are one of only 27 U.S. Mint authorized resellers.
We have never had a customer complaint.
And I'd like to think we're the best in the business, but I'm a little bit prejudiced.
Nonetheless, info at Myles Franklin and put that you saw this show, Mike Adams, and we will give you special attention.
Make sure your listeners get the best price.
Answer any questions if you have any.
Put a phone number if you want to be contacted.
And...
I think your listeners will be happy with the results.
And again, within the next week or two, we'll have a brand new website that will allow online purchasing.
Well, if you're looking for any programming help on that website, I hear there are some former FTX employees and Twitter employees, but they will demand that you have grooming operations on the site if you hire them.
Yeah, you know, I think...
I think I'm going to pass on that, but actually the people helping me with my site are someone you know very well, our friends in North Dakota, and we're getting real close.
We're almost done, and we're excited to join the 21st century.
I've done things Mike Oldschool my whole career, and I believe to a certain degree that metals belong We're an analog part of a digital world, and I have run my business that way.
I finally have acquiesced to a degree, but nonetheless, we're in a relationship-based company, and I think where we're heading, relationships will be important.
And I think, you know, if you called me or texted me and said, Andy, I need your help, I'd be there for you, Mike.
And I have that relationship with a lot of my clients, too, and I think where we're going is That'll be worth something.
And so although we will get with the digital world, we're still a relationship-based company and all my brokers are very, very well trained in geopolitical events and worldwide events and are happy to chat with people if they want.
If not, we can do things in a more digital capacity here in a week or so.
Okay.
All right.
That sounds good.
And final thing, I don't know why I always feel compelled to say this, but just in the area of transparency, Andy and I, we don't have a sponsorship arrangement.
This is not a paid interview or paid gig of any kind.
We have one sponsor, and Andy, you know those guys as well, and that's the one we have.
We're contacted all the time though by other gold retailers that want to pay us To have them on.
And I'm like, you know what?
I'm just going to have Andy on.
Because Andy knows exactly what he's talking about.
I don't need the sponsorship.
Andy, you have such great information.
I'm always happy to have you on.
And I'm happy when our people contact you and you take care of them.
Because you're nailing it.
You're a great communicator.
So thank you for that.
You're awesome, Mike.
And coming from you, that means a ton, honestly.
And...
Yeah, I can understand why people would want to have a relationship with you.
You're a breath of fresh air and you're talking about things that are so important.
And so I'm honored to be here.
I really am.
And I'm a phone call away anytime you want to chat about what's happening with bricks or want to know what's going on in the metals industry or just want to chew the fat a little bit.
Certainly something that I... I'm always happy to do, even on the spur of the moment.
I just want you to keep me posted when big alerts happen so that I can share that with my audience.
Everybody wants to be ahead of the curve on this.
I can promise you, and that'll be my pleasure.
I'm always looking for a chance to come on and talk to your people.
To you and everyone out there listening, I want you all to have a very happy holiday season and a safe new year.
2023 is gonna be a crazy year, so buckle up, get your house in order, do all the things that Mike's been talking about, not just about metals, but Everything else that he talks about that's so important.
And if anyone out there needs help with metals, we'd love the opportunity.
And Mike, I'd love the opportunity to come back again whenever.
But until then, I'll look forward to picking up where we left off.
We'll do that again soon.
And so, folks, again, Andy Sheckman, milesfranklin.com.
And I just want to encourage you to share this interview, if this resonates with you, or if you think it can help other people get squared away.
Go ahead and forward them this interview.
The disclaimer is that neither Andy nor I are financial advisors, and we're certainly not your financial advisors.
So don't take this as financial advice.
Do your own research and get your own professional advice based on your risk and appetite for risk versus assets and all that stuff, okay?
So thank you for listening.
I'm Mike Adams, founder of Brighteon.com.
I've got a stack of silver right here, and it's staying right where it is.
And I might try to make that stack a little bigger, too.
So I practice what I preach.
But thank you all for listening.
God bless you.
And thank you, Andy, for staying up late, late, late, late at night.
People don't know how late it is there.
It's late, and I appreciate you, man.
So take care.
Pleasure is mine, brother.
You guys all take care.
Thanks again, Michael.
All right.
Thank you.
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