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Dec. 14, 2022 - Health Ranger - Mike Adams

01:16:46

Situation Update, 12/14/22 - Hot fusion breakthrough only "allowed" because of COLD FUSION...

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	Welcome to the situation update for Wednesday, December 14th, 2022.
	Mike Adams here, and I've got a story for you today that is on a subject which is the biggest story of our lifetimes, or the biggest topic of our lifetimes.
	And it has to do with energy, and a major announcement that was just made by the Department of Energy.
	But what I'm here to bring you, which no one else has covered, is the real story behind this that is amazingly positive news for humanity.
	This is going to be a really special episode.
	So let's start with the announcements that you can see online.
	If you go to CNBC.com, you'll see the headline, Nuclear Fusion Breakthrough.
	Scientists generate more power than used to create reaction.
	And this story was widely reported across conventional corporate media, by the way.
	You can confirm it everywhere.
	But here on CNBC, it says the head of the Department of Energy and other federal scientific leaders announced that a fusion reaction they ran at the Lawrence Livermore National Laboratory in California achieved net energy, meaning the reaction generated more energy than was put into it.
	Okay, we understand.
	We understand the word net.
	It's the first time, they say, humankind has achieved this landmark.
	False, false, false, false.
	No, it is not the first time humankind has achieved this landmark.
	This has been achieved for decades.
	So that's the first part of this story.
	This has been achieved for decades.
	It is a known technology.
	It has simply been kept under wraps.
	Why?
	Well, because it would create energy that's very inexpensive.
	Almost free, not quite free, but let's say a few pennies per kilowatt hour.
	And this would of course destroy the entire existing energy infrastructure of the planet or the ecosystem.
	So Much of gas and oil and fossil fuels and so on would become obsolete overnight.
	So this technology has been kept under wraps for a very long time.
	But companies like Raytheon and Lockheed Martin have possessed this technology for a very long time.
	They all have prototypes that are already working, and they've been able to even downsize it to fit on a tractor-trailer rig, by the way.
	So, again, this is nothing new.
	What's new is that they're letting it out.
	They're letting the public know that fusion reactions are going to be the future of electricity generation.
	But the real story here is why?
	Why would they let this out now, knowing that it would create energy cheaply, affordably, for the vast majority of people?
	Because, you know, the more energy you have in an economy, the higher economic growth you have, and also the higher population growth that you have.
	So since the globalists are pushing depopulation, why on earth would they push something or allow it to come out that is affordable, cheap, nearly free energy?
	And the answer is what I'm about to tell you, and this is going to be shocking, but it's also incredibly good news for humanity.
	Here's the answer.
	It's because the globalists can no longer suppress the technology that was once known as cold fusion, but is now known as LENR, Low Energy Nuclear Reactions, or LENR. This technology, LENR, is very real.
	It has been proven and demonstrated, and it is about to take off for reasons that I can't yet publicly discuss.
	I haven't been given the okay to talk about these things yet, but there will be a time shortly when I'll be able to, but I can tell you from what I know, the low energy nuclear reaction industry is about to explode.
	And we are talking not just licensing this tech to boiler makers so that they can heat water to be used in building heat, you know, for corporations and military and even apartment buildings and so on.
	We're talking about ultimately being able to replace the coal in coal-fired power plants.
	We're talking about being able to replace the nuclear fuel rods in nuclear power plants.
	Now, not right away.
	It's going to take, frankly, a few decades for those kinds of large-scale replacements, but it is feasible, it is proven, it is repeatable, it is real, and it's about to explode.
	Low energy nuclear reactions are going to revolutionize the world.
	But to understand why this caused the Department of Energy to finally make announcements about hot fusion, there are two things you need to understand.
	One is the differences between these two technologies.
	And then secondly, centralized power versus decentralized power.
	Because cold fusion or LENR is all about decentralized power.
	Where you can have a small unit at your house that generates the electricity that you need for your house.
	Whereas hot fusion is centralized.
	You have to have a multi-multi-billion-dollar reactor that generates the electricity in a central location, and then that electricity is transmitted over the existing power lines, you know, the electricity infrastructure, to the households, which is then metered and controlled and can to the households, which is then metered and controlled and can be shut off if you don't pay your bill or it can be shut down if there's a climate lockdown, for
	You see, the difference between Lennar versus hot fusion is that Lennar lets people have their own power generation at their own homes.
	Ultimately, there's still a lot more R&D to do for just how to size the unit appropriately and how to turn heat into electrical current and so on for a home, but that's coming.
	But that's all about decentralization, whereas hot fusion is about centralized control.
	So the reason the Department of Energy is now coming out with hot fusion announcements saying, oh, we made a breakthrough, first time in human history, is because they want hot fusion to dominate So that they maintain central control over your power consumption.
	And they want the smart meters with that so they can monitor what you're using electricity for.
	And then they can calculate your carbon footprint through the electricity that you're consuming, even though through hot fusion there shouldn't be any carbon footprint, right?
	There's no carbon used in it.
	But nevertheless, they're going to use climate change as the excuse for many, many decades to come to try to lock people down and control people and limit your use of electricity.
	So they have to have centralized control.
	That's what this is all about.
	That's what the Department of Energy is actually doing here.
	They're trying to create a monopoly on the future of energy in order to avert decentralization.
	This is the same thing that's happening in crypto.
	So in the crypto space, something like Bitcoin is decentralized.
	You can have your own wallet.
	You don't need central servers or central approval.
	Whereas a central bank digital currency under the Federal Reserve is centrally controlled and stored, and they can limit your use.
	They can fine you.
	They can shut you down.
	They can limit the geographic radius from your home where you're allowed to spend money and so on.
	So again, just as Bitcoin is decentralized, but CBDCs are central control, Cold fusion, or LENR, is decentralized, but hot fusion is centrally controlled.
	That's why this is happening.
	Now, allow me to explain the differences between these two technologies, because this is really critical to understand.
	Once low-energy nuclear reactions, LENR, becomes properly packaged in size and there are more gains in efficiency, you'll be able to buy an electric vehicle that That has a linear unit in the trunk, let's say, that constantly recharges the battery all the time, even while you're driving.
	So every time you park your car, it will continue to recharge itself automatically, essentially for free or very close to free.
	You won't have to stop at a recharging station.
	Now, if you're towing something with an EV truck, which we always joke about how awful the EV trucks are, they don't go very far.
	If you're towing something, you'll still use more power than the linear unit can regenerate in real time.
	But if you're not towing something, you will have incredibly long range, and at some point when the efficiency is high enough with linear units, you will have unlimited range, where you could literally just drive 24 hours a day for as many days as you want, which is kind of the way that U.S. Navy aircraft carriers operate.
	They have nuclear power plants, two of them.
	Of course, they're using regular nuclear reactions and nuclear fuel rods and so on, but they only have to refuel about once every 25 years.
	Did you know that?
	Because they're nuclear-powered.
	Well, essentially the same thing would be true with your car, but not using nuclear fuel rods, rather low-energy nuclear reactions, which is very, very safe, by the way.
	It does not produce radioactive waste, and it does not need uranium or anything like that at all.
	It's very safe.
	It's a very scalable and safe technology that you can drive around with, and it doesn't explode like gasoline does.
	So it's ideal for transportation.
	Now, I want to be clear that Lener is not yet packaged in that format.
	It's going to take years for that to come true.
	Right now, it's still in the prototype stage.
	And the way Lener works is it heats water.
	So there's excess heat generated, and it's kind of a slow heat.
	It's not real rapid.
	It heats water slowly, but it can be scaled up.
	There's some amount of energy input required for it, but then the output is a multiple of the input.
	And I think the current output is 1.6 times the input, which is much better than what the hot fusion folks just announced.
	They said that they put two megajoules of energy into the reaction.
	This is the hot fusion experiments from the Lawrence Livermore Laboratories.
	And they got three megajoules out.
	So they got a 1.5 times amplification.
	Again, you put two units in, you get three units out.
	Well, the low energy nuclear reaction system is a little bit better than that right now.
	I believe it's 1.6 coming out.
	So...
	All of these systems require some amount of input, but they produce more output than what you put into them.
	Now, the cold fusion approach produces heat, and this heat then has to be converted into electricity in order to have, you know, current, obviously.
	But this is what every coal-fired power plant does.
	This is what every nuclear power plant does.
	And this can be engineered at a much smaller scale, let's say at a household scale.
	You could have water heated to create steam to drive a turbine that generates alternating current for your household.
	And this could be a small unit that sits next to your house, kind of like, let's say, your HVAC air exchanger or your heat pump.
	It could just be an electricity producer.
	And if that system is operating fully, you would be able to cut yourself off from the power grid.
	Or if you wanted a backup, maybe you have two of these units.
	But these units would provide the electricity that your house needs, and you would simply have to change out a couple of the components maybe once every two years or something along those lines.
	But it would be very, very inexpensive to do so.
	So again, this doesn't exist in that format right now today, but it's coming.
	It is a proven technology.
	It's feasible.
	And the engineering, well, the money is coming in for the engineering to produce these kinds of units.
	Now, when you combine this with the advances in battery storage technology, which are vastly improving both the number of cycles that a battery can endure without losing capacity, but also the energy density.
	So how many kilowatt hours can you store in a certain physical size, a volume of a battery, or a certain weight, the mass of the battery?
	Those numbers are vastly improving.
	Now, we need about two to three orders of magnitude in terms of improvement for those batteries in order to have reliable electrically powered systems such as tractors, airplanes or trains, even, you know, heavy duty transportation or heavy duty equipment.
	Think about excavators, dump trucks, skid steers, all these kinds of things.
	And I'm not going to pretend that that's coming tomorrow.
	No, it's going to take a while, many years.
	But that is coming.
	It is coming.
	It might be 10 years, it might be 20 years before tractors can run on electricity alone with really high-density batteries.
	But that day is coming.
	And I say this, by the way, as someone who is currently strongly defending diesel and combustion engines and fossil fuels because that's what works today.
	But I also know that that is going to become obsolete over time.
	Now, the whole green movement that's being pushed by the greenies, you know, the Biden regime and the European governments and so on, it's completely insane because they're trying to shut down all the fossil fuels.
	Well, they are doing that when there's no replacement.
	There's nothing in place that can power tractors and planes and trains and all the other equipment and heavy duty long haul trucks, rigs on the highway and all that.
	There's nothing that exists to replace the fossil fuels yet.
	So this is why I'm arguing against shutting down fossil fuels at the moment.
	You can't shut it down now.
	We still need food and farms and transportation and all these things, right?
	Or billions will starve to death, literally.
	But over time, based on what we know now, This energy creation technology plus battery storage improvements will make fossil fuels obsolete for the most part.
	It's just going to take a number of years to get there.
	But the good news is that Lenner, low energy nuclear reactions, is a technology that's going to set humanity free.
	And what the globalists have come to realize is they can't suppress it.
	That's why they're pushing hot fusion, like I said earlier, because they can't suppress cold fusion any longer.
	They've suppressed it since 1989.
	That was the original experiment, Fleischman and Pons, at the University of Utah, Salt Lake City.
	They suppressed it since then through media collusion and censorship and blacklisting and all kinds of character defamation and smears against Fleischman and Pons and so on, which is one of the greatest crimes against science in the history of science, by the way.
	And maybe one day the record will be corrected, but they can't suppress it any longer.
	As a result, it is coming out.
	And it means that power is going to get into the hands of the people.
	Now, it may be more expensive to have a cold fusion unit in your home than to get virtually free energy from hot fusion systems.
	So you still might pay a premium to be, let's say, off-grid, but you'll be entirely off-grid.
	You'll be self-reliant.
	You'll have really high-efficiency batteries in your home, and then you'll have this cold fusion unit that's just constantly generating current and either providing the real-time current that you use or recharging your batteries.
	And probably we will have what I'm going to call hybrid homes.
	And by hybrid homes, what I mean is, well, think about hybrid vehicles like what Toyota makes.
	So a hybrid vehicle has a battery pack and a combustion engine.
	That vehicle runs the engine to generate power while you're driving, but at certain times it might turn off the engine, such as when you're idling at a stoplight or what have you, or waiting at the drive-through, and then you're just using battery power.
	But if you begin to accelerate really rapidly, you need a lot of power.
	It draws power from both the combustion engine and the batteries at the same time.
	Delivering both sources of energy to the electric motors that drive the wheels of the vehicle.
	And that's why a Toyota Prius has very rapid acceleration, even though it's not a race car.
	Well, same thing can be true for your home.
	You could have a Lenner unit that's generating electricity, and then you have a battery pack that's constantly being recharged by the Lenner unit.
	And these would be advanced, you know, beyond lithium batteries, some kind of, you know, new revolutionary high-density battery storage system.
	And for most of the day, this works out fine.
	You're just using power that the Lenner unit provides or maybe just using the battery pack.
	But then if you have certain high draw times of the day, let's say you're cooking a cake in the oven, you're running your electric clothes dryer, and you're running your air conditioners, okay?
	You've got very high draw.
	You might be drawing like 5 kilowatts or something like that.
	Then it's going to run the Lenner unit plus the batteries, Which is the hybrid approach to give you that energy for the time that you need it.
	But then at night when you're sleeping, the Lennar unit is running 24-7, recharging the batteries, you see.
	So this is going to be the most efficient kind of arrangement.
	I call it hybrid homes.
	And it's going to be a very exciting solution for providing affordable power for people.
	And again, it's years away, but it's all feasible and it is coming.
	Now, what's really exciting to me about this is that once we make the shift to these clean energies, I mean, hot fusion is clean and cold fusion is also very clean, then the globalists will lose their excuse to try to control everybody with a climate score.
	Because at some point, they will no longer be able to associate your power consumption with carbon dioxide emissions, which has always been a scam anyway, because CO2 is not a pollutant.
	CO2 is a nutrient necessary for photosynthesis.
	It helps crops produce food.
	It helps rainforests grow, and it helps flowers in the rainforest bloom, by the way.
	So CO2 is good for the planet.
	In fact, when we switch to clean energy like this, hot fusion and cold fusion, we're going to have falling CO2 levels in the atmosphere, which will cause global famine as the crops fail, and they won't be able to feed humanity.
	And And at some point, in order to survive, you will have to have either CO2-intense greenhouses, which already do exist.
	Some growers use CO2 generators that essentially use propane or natural gas to produce CO2 in the greenhouse for the plants.
	Or you'll have to do a large-scale terraforming type of operation to release CO2 into the atmosphere so that crops might grow again.
	So all that CO2 that's being sequestered right now by it's getting sucked out of the atmosphere, turned into liquid, and then stored underground.
	And that's what's happening all over the planet.
	And those projects are being constructed.
	Those projects are giant famine engines to starve humanity and cause crop failures.
	At some point, if humanity wants to survive, you're going to have to knock the lid off those underground storage chambers and release all the CO2 back into the atmosphere so that crops will grow once again.
	That day is coming, although again, it's probably decades away.
	But I'm able to see pretty far into the future on things like this, so we're talking decades down the road when we'll actually have a shortage of CO2 in the atmosphere.
	That day is coming.
	Now, the other good news in all of this is that both hot fusion and cold fusion cannot blow up.
	They can't go into a criticality type of event like a traditional nuclear power plant.
	They can't melt down and blow up and release radiation.
	It doesn't work that way.
	The physics aren't there.
	So you're not going to see a hot fusion plant just go into a mushroom cloud and irradiate a whole city.
	Nor can cold fusion.
	Nothing of the kind.
	Not even close.
	Even the elements don't even exist in it.
	It's a low energy nuclear reaction, hence the acronym, low energy.
	It's fusion, but it's happening at a very low level with a very, very solid safety margin.
	There's almost nothing that can go wrong that would harm anybody.
	For the most part, if something goes wrong, you just don't get the electricity out of it or it doesn't generate heat.
	And same thing with hot fusion.
	If it goes wrong, you just don't get the electricity.
	So, you know, a lot of experiments are yet to be done on both of these technologies, but they're both coming.
	And this is good for humanity long term.
	Now, food is really a product of energy inputs.
	So when you look at the price of food today, it's really based on the price of oil.
	Because oil is what creates food.
	You know, because of tractors and combines and harvesting and transportation and also synthetic fertilizer made using natural gas, a fossil fuel through the Haber-Bosch process that we've talked about before, creates ammonia NH3 and that becomes the basis of urea and then nitrogenous fertilizers or nitrogen-based fertilizers that feed 4 billion people on the planet.
	What happens if you reduce the cost of energy substantially?
	What happens to the cost of food?
	And the answer is, the cost of food plummets.
	Food becomes more affordable as energy becomes more affordable.
	Now, as food becomes more affordable, populations explode.
	And this is exactly what happened in the 20th century with the mechanization of agriculture and the rise of combustion engines and fossil fuels.
	Look at what the population has done just since 1960, for example.
	We just crossed 8 billion people.
	And this is why a lot of globalists are freaking out and trying to achieve depopulation.
	Because they know that once both hot fusion and cold fusion are brought into the economic system or the equation, that agriculture is going to become a lot less costly, food will become a lot more affordable, and that populations will explode yet again to a whole new and that populations will explode yet again to a whole new level on planet And the globalists, of course, do not want to see that because they see humans as, well, weeds, right?
	And they see human exploitation or expansion as destroying the ecosystem and polluting the planet and so on.
	And they're not wrong about every single point.
	I mean, there is a massive amount of plastics pollution and microplastics pollution in the oceans.
	There is a lot of ecological destruction, rainforest being clear cut to grow food and genetically modified soybeans and things like that.
	There's a lot of ecological destruction.
	But population alone is not what is destroying this planet.
	It's the practices of the toxicity, the heavy metals, the pharmaceuticals, the hormone disruptors.
	It's the plastics.
	It's the contamination that's being caused by these consumers and corporations and so on.
	If we stop that, then a lot of the planetary destruction would cease.
	Nevertheless, globalists see population itself as the problem, and they don't want to see the population on this planet explode to, let's say, 15 billion people or 16 billion, double the current population.
	So this is why they are introducing depopulation vectors right now, which I've covered extensively, and I've done special reports with people like Steve Quayle.
	We have a video called Kill Grid Countdown that talks about all the depopulation vectors.
	That includes the dismantling of food infrastructure, the dismantling of the fossil fuels energy infrastructure, and also starting wars and cultural disruptions with the transgenderism and the LGBT push onto children and then promoting abortions and promoting, you know, lesbianism and also starting wars and cultural disruptions with the transgenderism and the LGBT push onto children and then promoting abortions
	All of these are efforts to achieve global depopulation before the launch of the new hot fusion and cold fusion energy systems, which will be a major pivot point for humanity and will cause food to become cheap and populations to explode yet again.
	So this is why they're pushing COVID and COVID vaccines, which cause infertility and stillbirths and spontaneous abortions, but also instant death or clots, myocarditis, strokes, what have you.
	This is the last desperate die-off phase being pushed by the globalists before the rolling out of essentially free energy, but I don't want to say it's free.
	It's not free.
	It's just close to free.
	It's going to be close to free.
	It's going to be stupidly affordable.
	So affordable that people will waste it more than they do now.
	When you have people living in the desert, It's 110 degrees outside, but they'll use this kind of system to cool their home to 67 degrees Fahrenheit.
	Okay, that's going to take a ton of energy, but since it's going to be essentially free, or close to free, and nobody will think anything of it, and if food costs go down as well, then that means people have all kinds of additional discretionary income.
	It's the opposite of what is happening right now in 2022.
	Right now, of course, food inflation is getting bad.
	Scarcity is getting bad.
	It's going to be bad for a couple of years to come.
	Energy prices going through the roof, especially in Europe, up to 10 times higher electricity prices right now than what they used to have.
	But all of that eventually is going to be reversed.
	It will take time, but it's coming.
	And when it reverses, the populations will explode all around the world.
	So how will the powers that be control populations?
	It's very simple.
	Pandemics, biological weapons, lockdowns, forced vaccinations, which are really mRNA injections that cause infertility and death.
	That's going to be the population control mechanism.
	And currently, at least in the United States, it is a voluntary system.
	So when the globalists are trying to tell themselves that they're not evil, they say things like, well, people consent to it.
	People ask for it.
	Some people beg for it.
	So if they're taking themselves out of the human gene pool and ending their family tree because of infertility, well, that's their own choice.
	That's the kind of logic that the globalists are telling themselves.
	But of course, it's not really informed consent when they're lied to, when the powers that be falsely claim that these are vaccines even because they're not, or when they say that they're safe and effective and that they should be given to pregnant women.
	It's all deception, but it's deception with the purpose of achieving global depopulation before the massive explosion of of human populations due to cheap food and cheap energy coming from hot fusion and cold fusion both of which are going to come out essentially in parallel Now, I also want to point out that hot fusion is very, very complex, whereas cold fusion is very, very simple once you know the recipe.
	In fact, it's going to be replicated and pirated very quickly across the globe.
	You know, China will have cold fusion knockoffs very quickly.
	But hot fusion, totally different story.
	So in this recent experiment that's been announced here, they had to use 192 high-energy lasers That we're blasting a small capsule like the size of a thimble of deuterium and tritium.
	And they heated it to over 3 million degrees Celsius, which is what happens in stars, you know, in our sun.
	And then due to this intense heat, then there is atomic fusion that takes place.
	And as this fusion takes place, it gives off energy in the form of electrons.
	Now, this takes place in something called a tokamak, which is, I think it was a Russian-engineered chamber that uses powerful magnetic fields to hold the fuel in place, deuterium and tritium, which is really just hydrogen gas, just isotopes of hydrogen.
	And it's held in place, and then, you know, the fusion takes place with all the heat, and it gives off free electrons, I believe.
	It's not clear to me how this is harvested.
	But it is.
	I mean, the physicists know better than I do how it's harvested.
	The point is that this is a reliable way to generate safely excess energy.
	It just takes billions of dollars to build one of these units and to make it work.
	And it has taken decades to make it work.
	So it's not a simple thing to do.
	But now that they know the recipe, they're going to be able to build these and run them and provide power all over the world.
	Now the other thing to remember in all of this is water because it takes water to grow food.
	So I said that cheap energy creates cheap food which results in population explosions, right?
	But you need water as well.
	Well, it turns out that cheap energy creates very affordable ocean water desalination because desalination is an energy-intensive process.
	So once you have virtually free energy, you can run pumps through the membranes, you know, classic desalination plants, and you can turn ocean water into farm water.
	And of course, you're not destroying any of the water in the process.
	You're just using it.
	That water eventually gets evaporated back into the atmosphere and it rains back down into the oceans.
	So again, you're not losing water.
	You're just using it.
	You're just borrowing it for the crops.
	So There are no losses there, and it's a green source of energy.
	So using up a bunch of ocean water, actually, it could be a green process, except there is some waste at the desalination plant, basically brine, very high salt content brine that has to go somewhere, typically back into the ocean.
	But Overall, if you just dilute that back into the ocean, it's going to be fine.
	You just don't want to put all that in one place because it belongs in the ocean.
	It came out of the ocean.
	Anyway, the point is that low-cost energy creates affordable food and affordable water if you're close enough to some kind of ocean or some other body of water as well.
	But clean energy makes all that possible.
	So that's my overview of hot fusion, why it's coming out now, hot fusion versus cold fusion, low-energy nuclear reactions, and how this is going to change the future of humanity and could even, of course, achieve a lot of decentralization of power through the cold fusion vector.
	And that could be very good for all of us.
	There are good news nuggets to be found out there, even as the world that we know is collapsing.
	It is collapsing.
	You know, energy, food, civility, the rule of law, elections, governments, war, all of it, it's bad.
	But the future for humanity is very bright on the other side of that.
	All right, now we're going to shift gears and go into the FedNow digital currency system.
	Which is coming in July of 2023, according to the Federal Reserve itself.
	So the digital wallet is right around the corner.
	Now, Brandon Howes did an outstanding interview with a woman named Rebecca Walzer, W-A-L-S-E-R, Rebecca Walzer.
	Her website is walzerwealth.com.
	I was not familiar with her work.
	Brandon called me.
	He said, you got to see this interview, Mike, with Rebecca.
	So I'll be on with him.
	But I watched the interview with Rebecca Walzer and it was it was really stunning.
	She's got a solid grasp of exactly what's going on with the digital currency system.
	And what she was pointing out, which we have since confirmed, is because it's public information, actually, but she's connected the dots on all this, is that the Fed now digital currency system from the Federal Reserve goes live no later than July 2023.
	And this is, in fact, announced on the Federal Reserve's own website.
	It's also been covered by Kitco, Kitco News.
	Which is talking about this and what it is.
	It's a digital currency transaction payment system.
	And phase one is going to be used by banks and institutions and members to instantly send digital money through the Federal Reserve System.
	But that's phase one.
	In phase two and beyond, guess what?
	It becomes the new central bank digital currency.
	That's exactly what this is.
	So phase one rolls out next year, July 2023.
	In fact, as Kitco says, quote, the government plans to roll out the service in phases with the first phase focusing on clearing and settlement.
	What do you think the second phase is?
	Well, if you go to the federalreserve.gov website and you look up the following headline from August 29 of this year, Federal Reserve Updates FedNow Service Timing to Mid-2023 Marks Beginning of Full-Scale Pilot Testing.
	On that article, it says the following, Currently, more than 120 organizations are participating in the FedNow Pilot Program.
	Recent newcomers include U.S. Bank, Exchange Bank and several payment processors and solution providers, including Alacrity Payments LLC, ECS Fin Inc., Form 3, and Modus Box Inc.
	So what this is going to end up being, just in phase one, is...
	A competitor to Visa, MasterCard, and American Express merchant services.
	So once you have an account in the digital currency system, should you choose to do that and sell your soul to Satan and join the Mark of the Beast system, once you do that, you'll be able to spend your surveilled Fed money on websites like Amazon, for example.
	And of course, every transaction will be tracked.
	That's the point of the program.
	Every transaction will be tracked.
	And ultimately, what this is going to morph into is a system that provides universal basic income.
	So, you know, your food stamps, especially to the poor who are desperate to afford food because food inflation keeps getting worse.
	So they're going to sign up in droves for this system.
	But also any kind of a federal benefits program, think about it, Social Security, pensions, Medicare payments to medical institutions, any kind of payments that the federal government makes are going to be ultimately moved over to this FedNow program, and that's going to be one of the ways they usher in the digital currency system.
	And at some point, they may require tax payments in this same system.
	So In order to pay the IRS what they claim you owe them in their, quote, voluntary system, then you're going to have to sign up to the FedNow program, surrender to Satan, and then participate in their Mark of the Beast system, and otherwise, you know, they will come confiscate everything that you own.
	Because that's what the IRS threatens to do all the time.
	So that's what the FedNow system is going to be.
	And again, it launches July of next year.
	And that is according to Esther George.
	Last name is George.
	President and CEO of the Federal Reserve Bank of Kansas City and the executive sponsor of the FedNow program.
	Quote, we are pleased with the collaboration and dedication our pilot participants have brought to advance modern payments in America.
	See?
	So part of the description of this says, quote, through financial institutions participating in the FedNow service, businesses and individuals will be able to send and receive instant payments at any time of day.
	And recipients will have full access to funds immediately, giving them greater flexibility to manage their money and make time sensitive payments, blah, blah, blah.
	Access will be provided through the Federal Reserve's FedLine Network, which serves 10,000 plus financial institutions through the FedLine Network.
	their agents.
	And you can go to the following website, fednowexplorer.org, if you want to confirm this.
	And if you go there, fednowexplorer.org, it says, Welcome to FedNow Explorer, where pioneers of now are building the future of payments.
	Now, what it should say, of course, is...
	Where the tyrants of now are building the future of surveillance.
	Because that's what this system is, obviously.
	And it's here.
	I mean, it's coming in July of 2023.
	They said it could happen as early as May, maybe June, but definitely by July they say they're going to roll this thing out.
	So, of course, at first it'll be voluntary.
	It'll be a parallel system.
	Oh, you can choose it if you want.
	And then After a while, it'll be, you know, coercion.
	Oh, you kind of have to use it, unless you don't want to get paid.
	Or you kind of have to use it to pay taxes.
	You kind of have to use it.
	And then, a little bit later, it'll be, oh, you don't have any other choice.
	You must use it.
	For example, you'll be required to pay property taxes using this system because your local government Won't accept payments in any other system.
	So that's how they're going to force everybody into this system.
	One of the ways.
	One of the ways.
	Plus, they're also going to, of course, destroy fiat currency.
	They're going to crash the debt-based system.
	They're going to crater a bunch of banks.
	And then they're going to pose as the saviors.
	Oh, good thing we have this FedNow mark of the beast system.
	All your digital money is safe and sound.
	All you got to do is sign up and give us your iris scan.
	And you're in.
	Now, of course, the entire FedNow system is a total fraud.
	Why?
	Well, because the Federal Reserve keeps creating money out of thin air backed by nothing, effectively stealing the purchasing power of the dollars in circulation.
	Now, when it's all electronic, digital controlled by the Fed itself, the temptation to create money out of thin air is going to be even harder to resist.
	They're going to create money like crazy, digital money in this case.
	It's going to be worse than FTX. That's the thing.
	If you thought FTX was bad, which we'll talk about here in a second, the Fed system is a far bigger crime.
	So that's coming.
	Of course, it's going to be backed by nothing.
	Now, we've covered, of course, the BRICS nations, the BRICS Plus, and how they are working on rolling out a new global reserve currency.
	And we've had guests on like Andy Sheckman, who's talked about that.
	Now, the BRICS Plus world reserve currency system will be backed by gold and other commodities.
	And this is why China, for example, just bought in the last quarter, as we reported, 300 tons of gold.
	Tons.
	That's a boatload of gold.
	And they may have something like 20,000 tons of gold on hand, which is an enormous amount of gold.
	So China, Russia, India, Turkey, Iran, a bunch of other countries, Brazil, are going to roll out this new currency system backed by gold.
	Meanwhile, the Federal Reserve will have a digital currency system backed by nothing!
	Nothing at all!
	And it begs the question, which system would be more wise to use?
	Let's say a system backed by gold or a system backed by nothing?
	And the answer is obvious.
	A system backed by gold or other similar commodities.
	It might be silver.
	It might be copper.
	It might be gas.
	It might be, I don't know, wheat.
	But at least it's something real where the FedNow system is backed by nothing.
	Just vaporware.
	It's like, yeah, it's good because we say it's good.
	Really?
	You?
	The Fed?
	Who have stolen trillions of dollars from the American people?
	Well, people all over the world by printing new money?
	You?
	We're supposed to trust you?
	The creature from Jekyll Island?
	Come on.
	1913, the whole deal?
	Yeah.
	So there's going to be a lot of people who reject that system.
	The FedNow system, obviously.
	I will be one of them.
	Which means we're going to have a parallel economy of a lot of people who simply do not wish to participate in the FedNow system.
	But at the global level, you're going to have this competition between the BRICS Plus system and the FedNow system.
	And I believe my assessment based on what I know right now is that the Fed now digital dollar system will be the loser in this global competition and that the new currency from China, Russia, the BRICS system will be the obvious winner.
	Why?
	Again, because it's backed by gold, which is why China is buying up all the gold.
	And it's not just about convincing you or myself or the American people.
	It's about convincing the other nations around the world.
	Those nations are looking at the United States and its dollar dominance and.
	And they see the US as a bully, a bully on the world stage.
	I mean, what happened when Gaddafi said he was going to start selling oil in something other than petrodollars?
	What happened in Libya?
	Oh, yeah, Hillary Clinton and the State Department came along and destroyed Gaddafi and, by the way, gutted Libya, too.
	Oh, mission accomplished, she said.
	We came, we saw, we conquered.
	Wasn't that what she said, laughing her silly, ugly face off?
	Because that's what happens when you don't sell oil in petrodollars, you see.
	What happened with Iraq?
	Desert storm.
	1991, was that?
	91, I think?
	Early 90s.
	What was the deal?
	Oh, Saddam Hussein, he didn't want to sell oil in dollars.
	He wanted to sell it for gold.
	So what happened?
	Oh, the U.S. declared a war and made up a bunch of bogus, like, yellow cake weapons of mass destruction.
	Fake intelligence.
	Totally fake.
	Totally rigged.
	The intelligence community made that up, just like they made up the Russian accusations against Trump, right?
	Totally made up.
	They made it all up.
	They launched a war against Iraq.
	And they claimed, George Bush claimed, we're freeing the people of Iraq.
	No, they weren't.
	They weren't freeing anybody.
	They were enslaving the world under the petrodollar.
	That's the whole point of that war.
	It wasn't even about oil per se.
	It was about the petrodollar status of buying and selling oil.
	And the U.S., through the corrupt criminal State Department and the empire of violence around the world, has threatened and coerced and assassinated and blackmailed and destroyed and bombed all kinds of countries over the last years.
	what, 70 plus years simply to protect the status of the petrodollar.
	And so the rest of the world sees this And they're not brainwashed by the Washington Post.
	They're not reading the US media every day.
	So they're not brainwashed like the American people are brainwashed.
	The rest of the world sees this and says, it's a horrible system.
	We want out.
	We want out of the SWIFT system.
	Look what they did to Russia.
	They cut Russia off from SWIFT to try to destroy Russia's economy.
	I mean, look at these bullies in the West, which is the United States of America, the dollar, the UK, the British government, and so on, NATO countries.
	Look at these bullies.
	So the world, it's obvious at this point, the world is going to choose the BRICS plus currency system.
	Whatever that looks like.
	And they're going to reject the FedNow system, which means that the digital dollar is going to fail on the global stage, even though the U.S. government may be able to coerce a lot of Americans, force them into accepting it domestically.
	But because the world will reject the dollar, remember Operation Sandman is coming, the dollar will be repudiated by 100 plus countries around the world.
	When that day comes, the United States loses its ability to create new money out of thin air without incurring the hyperinflationary effects because the U.S. will no longer be able to export its inflation to other countries.
	In other words, stated another way, yes, the Federal Reserve will continue to print money because that's all they know how to do, but it will be hyperinflationary when they do so after the collapse of the petrodollar.
	In other words, there won't be – I know this is like the third way to say this, sorry, but there won't be other countries around the world willing to keep buying dollars.
	Especially as those dollars become useless and especially as those countries no longer need dollars.
	Why would they want to buy dollars when they can buy and sell oil and fertilizer and food and everything else using the BRICS currency system, you see?
	So dollars will become near worthless on the international stage.
	And all that money will come flooding back into the United States and Flooding the money supplied domestically, which will devalue the currency even more.
	And what will the Fed do?
	They will print more money, more stimulus money.
	Here, have a universal basic income.
	Here, have a refund on your taxes.
	Here, boom, have a bailout.
	For what?
	For anything.
	Just have bailout money.
	Whatever.
	Helicopters dropping digital dollars out of the sky.
	Okay, digital helicopters dropping digital dollars out of the sky.
	Flooding your wallet with credits.
	And what is that going to cause?
	Hyperinflation and the end of the currency.
	That's how this ends.
	And the day of that is rapidly approaching in my analysis.
	What will survive all of this?
	The obvious things that we always talk about.
	Physical gold and silver and land and, you know, the whole deal.
	Buildings, vehicles, ammunition, firearms.
	Things that have actual real physical value.
	Now, I want to make an announcement as the founder of Brighteon.com, Brighteon.tv, and the Health Ranger store.
	We are not going to participate in any Mark of the Beast system, period.
	We're not going to force you to participate in any such system.
	Because I happen to know that joining that system means the end of your soul.
	It really means surrendering yourself to Satan.
	So there is no incentive that could possibly be placed upon my mind in this realm, in this lifetime, that would be, quote, worth it.
	No, it's never going to be worth it.
	I would rather not have any business at all.
	I would rather shut down the whole operation than to sell my soul by participating in a Mark of the Beast system.
	So we will never use it.
	And we will never require you to use it.
	Even if it means we have to resort to, like, you have to send in checks if you want to buy food or something.
	Okay, we'll do that.
	If that's what it takes, that's what we'll do.
	But I have a feeling there will be a lot of alternative systems.
	And by the way, I think crypto actually does have a strong future after this detox period that it's going through right now, where crypto is going to be very boring.
	Non-speculative, but it will have high transactional utility.
	That's where I think crypto is going, which is what crypto should be.
	It should be a technology for transactions, not some kind of speculative get-rich-quick bubble Ponzi scheme, which is what it has been most of the time.
	We're going to get to FTX here in a second.
	But I just want you to know that being a customer of ours, whatever that looks like down the road, you will never have to use a Mark of the Beast system.
	To acquire products from us.
	And even if Walmart requires it, even if your Target requires it or Best Buy or what have you, we will not.
	We will not.
	Now, let me bring you some news about the crypto world because this is intertwined with our futures because there will have to be parallel systems outside of the FedNow digital wallet system.
	Crypto has promise for clearing transactions.
	So we've got to cover a couple of things here.
	A quick correction.
	Yesterday, I think I said the...
	I think I used the word Bahamanian to mean what should have been Bahamian or Bahaman.
	It's still not clear.
	But somebody told me that Bahamanian has one too many syllables, which I agree.
	That does seem correct.
	Anyway, in the Bahamas, they arrested Sam Bankman fraud.
	So you would call these police like the Bahamian police.
	Would that be correct?
	Or would it be Bahaman?
	I think it's Bahamian.
	Perhaps somebody from the Bahamas can set the record straight for me, and I apologize for screwing this up.
	But nevertheless, nevertheless, Sam Bankman freed.
	I keep calling him fraud so many times I have to remember his name is actually freed.
	He was denied bail, and he was walked out of the Bahamian court in handcuffs.
	He's denied bail, folks.
	So, the guy that's supposed to be the richest 30-year-old in the world, I don't know, the J.P. Morgan of crypto, the boy genius, whatever, oh, he's in handcuffs, and he's going to be extradited to the United States.
	And he's not only facing criminal charges from the Southern District of New York, which is the circuit federal court of the United States in Manhattan, obviously.
	He's facing wire fraud charges, and he's facing...
	What else?
	You know, conspiracy and whatever.
	We covered some of this yesterday, money laundering.
	Turns out he's also facing criminal charges from the SEC and then also civil lawsuits from the CFTC as well, which is the, what is that?
	The Commodities Futures Trading?
	I forgot what that stands for.
	But anyway, they're coming after him as well because they say he misrepresented the What he was offering customers.
	Well, of course he misrepresented it.
	That's pretty much the whole crypto ecosystem.
	They all misrepresented it.
	They said it was going to go to a million dollars.
	No, it didn't.
	It was all misrepresented.
	But the point is that Sam Bankman-Fried is not getting away with this.
	And, of course, he was going to testify today.
	I think today or was it yesterday?
	No, today.
	I think he's going to testify today before Congress.
	And isn't it interesting that he was arrested in a hurry right before he could possibly testify?
	What might he have said during his testimony that would have given us a lot of illumination, let's say, about the Democrat campaign finance violations, slush fund operations, all of that?
	Isn't it interesting that they made sure he could not testify?
	Now, since he's going to be in jail in the Bahamas until reportedly February 8th, for some reason that date has come up as the extradition date.
	How much you want to bet he's, quote, suicided by, let's say, February 7th?
	Yeah.
	Almost a 100% chance that he gets Jeffrey Epstein in a Bahamas or Bahamian prison system before February 8th.
	Now, it's sad to say this.
	I don't wish death upon anybody, not even someone like that who has destroyed the lives of who knows how many countless people.
	But It's obvious that they can't let him say what he knows in the court.
	They can't let him put on the record all his deals with the Clintons or the Democrats or election rigging, slush funds, Ukraine, money laundering, all that kind of stuff.
	So they're going to Jeffrey Epstein this guy.
	And the countdown has begun.
	He's got less than two months to live by my accounting.
	Less than two months to live.
	So I've been nice knowing you, Sam Bankman-Fried.
	I'm very sorry that you crossed the wrong globalist, it turns out.
	He thought he could buy them off, but they're going to shut him up, is where this is going.
	So, yeah, just mark your calendar.
	By February 7th, he's going to, quote, commit suicide in the Bahamas.
	Now, the contagion effects of the FTX fallout are still spreading.
	And Binance has experienced apparently $3 billion in customer withdrawals in the last 24 hours.
	This is being reported by Yahoo Finance, and by the time you hear this, it's going to be many hours old.
	It might be a lot more.
	But $3 billion exiting Binance in 24 hours?
	That's a lot.
	Binance, of course, is run by CZ, the guy who essentially, with a couple of tweets, crashed FTX by exposing its fraud.
	Well, CZ said you shouldn't trust any crypto exchange that has to move money around to meet its audits, and then the money moves out after the audit.
	And that's exactly what Binance just went through.
	They did that just now, just recently.
	And a lot of people are wondering if Binance actually has the reserves they claim to have.
	So $3 billion has exited Binance, and there are going to be questions about whether Binance is solvent.
	Now, I suppose my guess is that Binance is solvent.
	Mostly solvent, but hey, a bank run can tear down almost any exchange, even if they've leveraged only a little bit.
	So is Binance safe?
	Well, my opinion is none of these exchanges are safe.
	You should have your own crypto on your own wallet, on your own hardware.
	Off the internet, cold storage, as they say, and make sure you own your keys, you control your keys.
	Otherwise, as they say, not your keys, not your crypto.
	So I don't think there should be anybody putting money in these exchanges and just leaving crypto there, which makes you wonder, what's the point of these exchanges other than Just translating coins temporarily and then people moving those coins back off the crypto exchanges very quickly.
	It's like you should have your crypto on the exchange for all of about 30 seconds and then pull it back off and that's it.
	You do the exchange and you take it back out.
	In fact, that's the whole utility of crypto, in my opinion.
	Not a store of value.
	It's not digital gold.
	That's a joke.
	Come on.
	It's not digital gold.
	It doesn't hold value.
	It has no intrinsic value whatsoever.
	Where it's good though is in handling rapid international transactions.
	It has great mobility for that purpose and some of the coins have very strong privacy.
	Such as Monero that I've mentioned before.
	Privacy coin, I think, has, frankly, the best tech out there for privacy.
	But if you're going to pay with Monero or Bitcoin or something else, you move your money into it, you make the payment, and you're done.
	So you don't have exposure to the volatility of crypto prices fluctuating, and you don't have exposure to crashes of the exchanges or bank runs or any of that stuff.
	The best use for crypto is a really boring use.
	It's a stable price.
	It's used for transactions.
	You're in it for a few seconds and then you're out.
	Job done.
	You made a payment.
	You bought a service or a product or sent money to a friend or whatever.
	Happy birthday.
	And that's it.
	You don't leave it sitting there like the hodlers do because that's how you get wiped out.
	As hodlers are discovering.
	It's a very expensive lesson to learn, by the way.
	But every generation learns it.
	Now, speaking of generations, I've been wanting to say this for a while.
	I think there's an entire generation of young men in America who refuse to work real jobs because of crypto.
	Because they thought they were going to get rich in crypto.
	And for a while, it seemed like that was working, you know, for a while.
	And they thought this was going to be their future.
	And an entire industry grew up around this with, you know, the talking heads talking about all their crypto picks and crypto investing strategies and books and courses and how to and all these YouTubers who mostly ended up being shills for FTX, by the way.
	And during this process, the promise was, especially to young men in America, oh, you don't have to go to college.
	You don't have to get a skill.
	You don't have to work a job.
	That's for suckers.
	No.
	All you have to do is learn how to buy and hold crypto.
	And then you're going to be a billionaire one day, was the promise.
	And For years, these young men have been sucked out of the job system, the labor force.
	And so they have not learned job skills, and they have not built up their resumes.
	I mean, what's your resume?
	Five years in my parents' basement, buying Bitcoin and losing 70%?
	Oh, that's not a great resume.
	That's really not that great.
	Whereas some other kid your age learned how to weld, got a job in a warehouse, learned how to drive a forklift, learned how to crunch some numbers, maybe did some accounting or something.
	Learned a skill, did something.
	Learned how to repair cars, I don't know.
	There are a lot of real world skills that have value.
	And some people chose to go learn those skills and gain that value, and other people chose to just sit around for year after year trading crypto and thinking that was their career.
	And it wasn't.
	It was a tulip bubble, a digital tulip bubble.
	It was an illusion.
	And I remember taking a lot of heat from people, what, six, seven years ago, when I was warning that this is exactly what was going to happen.
	I called it years ago.
	I called exactly this scenario.
	There's going to be a big crash.
	People are going to lose everything.
	A lot of media stories talking about how it's destroyed the lives of so many people.
	You know, the digital tulip mania would pop as it is popping now.
	Crypto as a whole is down 70% roughly and still falling.
	And people told me at the time, oh, you just don't understand it.
	You're just not technical enough.
	Oh, really?
	Of course, they didn't know me.
	They didn't know my IQ, my history, running a software company, being a coder, actually writing code, running software development teams, running a laboratory, doing analytical science and the whole deal.
	I guarantee you I understood crypto better than they did, which is why I knew that this day was coming.
	That's why I knew it, because it's backed by nothing.
	And sitting around doing a bunch of digital work on your GPU to solve mathematical problems as proof of work doesn't mean anything if the work isn't meaningful.
	The work accomplished nothing other than generating heat, using electricity, solving problems to what?
	To mine coins that don't even exist in the real world and are backed by nothing and can vanish overnight as we just saw, thanks to Sam Bankman Freed.
	So, in effect, Sam Bankman-Fried has just proven my warnings about crypto from many years ago.
	And the other part of my warning was that if you don't understand cryptography, especially asymmetrical cryptography, then you shouldn't be in crypto because...
	You need to know how it works.
	You need to know the vulnerabilities or what is a blockchain?
	What's the difference between public keys and private keys and so on?
	How are exchanges hacked?
	What are the trust factors?
	What is intrinsic value?
	These concepts.
	And almost everybody that was involved in crypto, I mean, not 100%, but most people did not understand these concepts.
	And so they were shocked when things started to go down because they thought it was just going to go up forever.
	No, it's not.
	It was just tulip bulb mania.
	And Binance may be the next to fall.
	But remember what I've always said about things like gold and silver.
	I've said it's not speculative.
	It's not about an asset that goes up.
	It's about freezing the value of your savings.
	Freezing it.
	Hitting pause.
	That's the way I've consistently described it.
	That is, if you earn money and you want to set it aside and put it in a freeze, a deep freeze, where it doesn't lose value, that's what gold and silver are all about.
	But a lot of people say, well, I want my money to work for me.
	So I'm going to buy Bitcoin, I'm going to buy FTX, I'm going to buy Ether, whatever.
	I want my money to work for me.
	Well, that's a nice phrase, but it doesn't really mean anything in the world of crypto when it's not real to begin with.
	How can crypto produce anything?
	How can a line on a shared spreadsheet actually produce something in the economy?
	It can't.
	It can't manufacture anything.
	It can't provide a service.
	It doesn't do anything except sit there.
	So how can that work for you?
	How can it actually produce value?
	It turns out all the value of so-called yield farming was all a scam.
	It wasn't producing value.
	It was all made up.
	So if somebody says, well, your gold just sat there and didn't earn anything.
	Yeah, and your crypto is down 70%.
	So who's the winner in this race?
	I wasn't looking for gains.
	I was looking to freeze the value, and that's exactly what gold does.
	Freezes the value.
	Gold just spiked something like $30 yesterday, by the way.
	It really went up.
	But again, that's just a reflection of the I mean, some volatility in the marketplace, but a weakening dollar.
	So I always say, even if gold is worth, you know, X number of dollars one day, if that X is a really large number, it doesn't mean that gold itself has more value.
	It just means the dollar has lost value.
	The dollar keeps losing value, so of course, dollar denominations of gold are going to look like bigger and bigger numbers.
	But in effect, gold just freezes your purchasing power.
	And that's why I recommend people look into gold and silver.
	Our sponsor, which is the sponsor of today's show, is Treasure Island Precious Metals Company, metalswithmike.com.
	If you haven't yet spoken to those folks, do so.
	Reach out to them.
	They'll answer your questions.
	They're really professional.
	They offer very competitive pricing.
	I mean, seriously, compare their pricing on gold and silver, the physical stuff delivered discreetly With insurance, guaranteed delivery into your hands.
	And they'll answer your questions.
	And they also run silver IRAs for you as well, if that's what you want to do.
	Fully IRS compliant.
	Again, for an IRA. So metalswithmike.com is the website.
	And they have helped a lot of people get squared away on all of this.
	And again, gold and silver are not speculative.
	They're not going to go up in value.
	They're going to hold value as they have for thousands of years.
	That's what they're going to do.
	Gold and silver will outlast our civilization.
	It will outlast the rise and fall of humanity.
	Gold and silver will be here on the day planet Earth is consumed by the expanding sun.
	And there will be gold and silver in the sun.
	Seriously, as there probably is some there right now, come to think of it.
	Because how do you think gold and silver get created?
	Exploding stars!
	That's how they get created.
	Table of Elements.
	Atomic Fusion.
	Hot temperatures.
	This gets back to what we talked about earlier.
	Hot fusion for energy creation.
	Well, when suns explode, it forms heavier elements, such as gold and silver, then eventually things like lead and tungsten and so on.
	So that's where it comes from.
	It's going to be around longer than Earth.
	You can't say that about crypto.
	In fact, FTX was only around for like, what, three years or something?
	It didn't even last 10 years.
	Whereas gold has been around how many billion years according to mainstream cosmology?
	How's the universe?
	What do they say?
	14.8 billion years old or something?
	If that's true, gold has been around most of that time.
	Not at the very, very beginning because that was hydrogen and then some helium.
	But eventually some gold and it's been here ever since.
	So there you go.
	Whereas FTX made it all of about three years.
	It's pathetic, right?
	CNBC is also reporting something interesting about copper prices.
	Here's their headline.
	Copper prices, traditionally a barometer for the global economy, are expected to soar next year.
	Says the metal has endured a tough 2022 due to tighter U.S. monetary policy.
	The energy crisis arising from Russia's war in Ukraine and China's combination of strict COVID-19 lockdowns and a weak property market.
	Boy, that's a lot of reasons.
	But Goldman Sachs and Bank of America have both suggested a combination of short-term supply tightness and long-term energy transition-related demand will push the red metal north from here.
	So they're saying basically copper is going to go up in price.
	And there's a lot of copper that's used in off-grid systems and solar systems, battery systems and inverters and so on.
	A lot of copper in wiring of all kinds, right?
	And electric vehicles.
	The more electric vehicles are made, the more copper they're going to need.
	So copper is going to have a resurgence.
	But the reason I'm bringing this up is because copper is another physical element, like gold is and silver is and so on.
	And copper may be one of the commodities that backs the BRICS plus global reserve currency system because it's going to be backed by commodities, including elements.
	So think about what elements would be of value to our world.
	Like, what elements do we need to function as a modern civilization?
	Well, you need copper.
	You need aluminum, don't you?
	Yeah, you need gold and silver, especially silver.
	What else do you need?
	Magnesium.
	You need nickel.
	You need iron ore.
	In order to make alloys and steel and then stainless steel.
	So you need chromium.
	You need all these other things.
	And that's just for industry.
	That's just for electronics.
	You know, computational systems, medical devices, not to mention agricultural use.
	You're going to need nitrogen.
	You're going to need carbon and carbon dioxide for plants, right?
	You're going to need all these elements.
	You can't live without them.
	So when a global reserve currency system is backed by the table of elements, you know you can count on that because the table of elements is not going anywhere.
	It's not like, oh, we're going to lose carbon tomorrow, or there goes oxygen, you know?
	No.
	It's going to be there until the universe ends.
	Until the, not the big bang, but the big, what would be the opposite of that?
	The big whimper?
	I don't know.
	The big collapse?
	The big implosion?
	When that day comes and then all the elements are squished into an impossibly small, impossibly dense piece of matter that warps the fabric of the cosmos until that day comes, you can have faith in copper.
	You can have faith in gold and silver and aluminum and chromium and iron and so on because they're elements.
	I don't have faith in crypto.
	I don't have faith in fiat currencies.
	I don't have faith in rigged elections, rigged governments.
	I don't have faith in big pharma, toxic medicines, government regulations, and frankly, even in that many people.
	I do have faith in the table of elements.
	It's been there long before you and I came along and it's going to exist long after we're gone.
	I believe in atomic nuclei.
	I believe in the orbital patterns of electrons, you know, orbital shells and so on.
	I believe that atomic physics is a real thing.
	So there you go.
	Now here's a headline out of Remix, which is rmx.news.
	Britain's wholesale electricity prices soar to record high as cold weather sets in.
	And it says they're suffering from a wind drought.
	Have you heard that term before?
	It's a wind drought!
	I thought drought meant lack of water, but apparently now it's a lack of wind.
	Well, why did you build all the wind turbines in a place that has wind droughts?
	It would be like building a giant dam somewhere where there's no rainfall.
	It's a hydroelectric dam.
	There's just no hydro.
	Sorry.
	Damn.
	Well, there's a wind drought where the wind farms are.
	Who would have thunk that, huh?
	And there's minimal daylight, they're saying.
	Could that be because of the axial tilt of the planet relative to its seasonal orbital position as it orbits the sun?
	And then the axial tilt causes daylight hours to be reduced the farther north you are from the equator during this time of the year.
	Could that be it?
	Wow, what a great place to set up solar panels.
	Right next to the wind farm where there's a wind drought.
	But this is Europe.
	This is Europe's energy policy.
	Let's build solar panels where the sun don't shine.
	Anyway, or at least a lot of the year, the sun doesn't shine.
	So let's see.
	The percentage share of Britain's electricity production from renewable resources...
	Has plummeted and the country's power network has fallen back on fossil fuels to keep the lights on at the coldest time of the year.
	Basically, oh, it's cold outside.
	Well, going to have to burn coal again because there's a wind drought.
	Go outside and blow.
	On Monday, it says wholesale energy prices reached 1,650 British pounds per megawatt hour, which is above the yearly average of just 200 British pounds.
	Due to a combination of cold weather, ongoing issues with supply, yeah, I'll bet, and the particularly low efficiency of renewable energy sources such as wind and solar.
	To my point, why are you setting up wind and solar in places that don't blow and have sunshine for a lot of the year?
	And also there's a ton of rain in a lot of areas of Europe and it's like, eh, good luck with your solar project.
	If only they had a partner somewhere to the east, a partner that was rich with natural gas resources, if only they had a partner that had a pipeline where they could move the gas into Europe.
	Hmm, if only.
	That would have been a brilliant idea, right?
	Somebody should have done that.
	Except they did.
	And then the U.S. and the U.K. came along and blew up the Nord Stream pipelines and cut off Russia from the SWIFT system, and now there's no gas for Europe.
	So, well, here we are in winter now.
	Just as we predicted, it's going to be cold.
	It's going to be expensive.
	It's going to be people freezing and starving to death this winter all across Europe.
	And it was entirely preventable.
	The entire crisis is man-made.
	And in this case, it's mostly men.
	There might be a few women in the mix, but it's mostly man-made.
	It's the men in Europe who are trying to be woke, trying to pretend they're not men, trying to pretend they're sissy soy boys, like woke Britons, because the British people, for whatever reason, love to be woke conformists.
	They just...
	I don't know what it is about being British that's just, oh, we have to conform to everything!
	No.
	No.
	Now I understand why we broke away from that empire.
	Oh, unreal.
	But they're going to freeze and starve and die this winter.
	And it was entirely preventable.
	Because they don't understand elements.
	They don't understand commodities.
	They don't understand the importance of being able to produce your own energy.
	And now they're paying a very dear price for it.
	So that's my take on things.
	Thank you for listening.
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	Multiple uses.
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	Take advantage of inventory while we've got it.
	And thank you for your support.
	God bless you all.
	Thank you for listening.
	We'll talk with you again tomorrow, which I'm sure will be another exciting episode because the news is moving very quickly at this point.
	Thank you for listening.
	God bless you.
	Take care.
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