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Oct. 1, 2024 - Health Ranger - Mike Adams
01:10:45
Andy Schectman joins Mike Adams with urgent update on wars, GOLD, BRICS...
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Welcome to this very special interview on Brighteon.com.
I'm Mike Adams, the founder of Brighteon, and we are joined today by possibly the most important guest and analyst for your financial future.
His name is Andy Scheckman.
He's the CEO of Miles Franklin, and we're recording this on the day that gold Hit $2,680 and futures just peaked over $2,700.
So, Andy, welcome to the show today.
You've nailed it again and again and again.
Welcome, brother.
You have been so correct.
Thank you for joining me today.
Mike, the honor is mine.
Don't be silly.
Thank you for having me and for the kind introduction.
I'm flattered and honored to be here.
Well, you are known for a couple of key topics.
One of them, of course, you were the first person I ever heard talking about the BRICS system and global de-dollarization, which is accelerating.
So I'd love to get your input on that later in this broadcast.
But first, given that gold is skyrocketing, tell us about what you think is happening in gold.
And specifically, are we finally seeing an uptick in the retail sales of gold by regular folks, not just central banks?
One of the craziest things, Mike, about this last rally is since 2022, we saw a switch where gold was going up this way, yet the participation in the West was going down a 45-degree angle like you're skiing down the Swiss Alps.
And that's unusual.
At the same time, according to, if we really believe the The Bureau of Labor Statistics.
I'd rather, as we've talked about before, yank the L out of that and just call it the BS and the CP lie.
But if we just believe it, we have positive real yield, for example, on a six-month treasury over 5% with 3.25% inflation.
Okay, positive real yield, strong dollar and falling participation since 2022 in the In the interest, especially in ETF outflows for the U.S.
public, and yet gold continues to move higher.
That's something that most people would have thought would have been impossible, right?
It should have been the opposite of that.
Typically, the movements of the ETFs track the price of gold, and for two years they have diverged completely and totally.
And now, to your point, we are seeing finally an uptick in ETF inflows along with A pivot by Powell by 50 basis points into what I thought was such a strong economy.
Evidently the numbers are not reacting.
It's so strong we need 50 basis points to prop it up.
Right, exactly.
And now they're going to revise the GDP numbers tomorrow.
They've already revised the unemployment numbers by a million.
And everything that comes out of the Bureau of Labor Statistics is nonsense.
But as a result, what we have is something to really be bullish about.
It's like one of those deals, Mike, where you're driving your car into work one day, and you feel a little tug on the left side.
You feel a tug.
You feel a little vibration.
You're not an auto mechanic.
You don't know what the heck it is, but you feel something.
You don't know what it is, but something ain't right.
Well, that's the way I would simply say, the way I feel about the price of gold, only to the other degree, in that something is very different than anything I've ever seen before.
The strength is remarkable.
And I kind of feel as if the half of the world understands that the key to winning the game is not to do so with weapons and military aggression, but rather to do so in our own rules, in our own sandbox.
And that is that the delivery of commodities off of the Western futures exchanges, both the LBMA and the COMEX, the London Bullion Metals Association and the COMEX, It's a valve that has never been exploited.
Countries have always had the ability, and traders have always had the ability to stand for delivery, but no one ever did.
It represented less than 1% of all contracts issued.
And when you take a look at the way that things are done in London, for example, they say they trade 20 million ounces of gold per day and 290 million ounces of silver per day, yet those numbers are 10 times Understated by their own admission, because they only post the final settlement number.
But that's extraordinary, though.
I mean, the volumes you're talking about are extraordinary.
Of course.
That's three and a half times annual global mine supply in silver per day.
That's incredible.
And 200 million ounces of gold per day.
90 plus percent of those contracts are paper.
Now, I know where you're going with this.
I think you're going to say, even if a small percentage of that ends up taking delivery, Then there's no more... I mean, the metals are gone.
Well, in the month of August, 8.1% of the available silver off the London Bullion Metals Exchange was delivered, over 25 million ounces.
That's a lot!
In one month!
That's right.
And so what they are doing is they're like in a jiu-jitsu.
Guy comes at you, you grab him and throw him over your shoulder.
They're using the leverage That we've produced against us, and they're standing for delivery.
And that is why I think the price keeps going higher, independent of the Western lack of participation, strong dollar and positive real yield.
Now, when that changes, they're lowering rates, the ETF numbers are going up.
It's rocket fuel.
It really truly is rocket fuel if the American public wakes up in any meaningful way because their allocation in the West from Joe and Jane Sixpack to the Harvard Endowment Fund is one half of one percent.
You make it five percent, just a lowly five percent.
That's it.
And that's what most financial advisors would say.
Well, OK, you should own five percent, which is nonsense to me.
But if you made it five, that's a tenfold increase in demand in this industry, just in physical or in ETF inflows.
And it's enough to really propel this price higher than I don't even think that's baked into the cake yet in terms of price projections.
This reemergence of the American public is something that is should not be underestimated.
I mean, I want to talk about price, where it's going.
But first, let me mention, you've been interviewed for a key event that we have coming up at Brighton University.
It's free for everybody to register and watch with an optional purchase.
It's called Financial Survival.
Folks, if you go to brightu.com, that's just the word bright followed by the letter U. It's short for Brighton University.
Register right here.
Your name and email.
It's free.
And then beginning October 12th, I wish it would come sooner, given where we are, but October 12th is coming up.
You'll be able to watch the episodes of the interviews with you, Andy, and other experts in metals.
We've also even got David Dubin joining us.
I like David.
I'm interviewing him about a number of topics as well.
We've got Gerald Salenti is part of the docuseries.
I've done several special segments for it and some bonus segments, Q&A, things like that.
But I just want to mention to people, it's free to watch.
Each day, one episode each day, you can optionally purchase it.
You can download all the episodes and watch them on your own time and that will help support the Brighton University docuseries team that's working on now a number of docuseries events.
And I want to mention that your company, Miles Franklin, here it is, milesfranklin.com, you're the CEO of Miles Franklin.
You have graciously offered to be an official supporter of the event, and if I heard you correctly in our pre-talk, I think you said that you will match when people purchase the event to support us, you will match that as a donation to Brighteon.
Yes, I will.
There are very few people, Mike, and I'm not trying to To cozy up with you.
I would just simply say there are very few people that get it the way that you do.
I often cite your work in my podcast.
I watch as much as I can of what you do.
I read as much as I can of what you publish.
There are very few people who get it and it would be my honor to do what I can not only You know, we're all pulling the same wagon.
And some of us, like yourself, pull harder than others.
So it would be my honor and my way of saying thank you for allowing me to be a small part of it.
And we would.
We would like to do that and help you keep the lights on, if you will, and continue to do what you're doing.
Because if all you do... You know, I have people that live in my neighborhood.
The guy right across the street here is one of the biggest money managers in the United States.
Forbes top 40 in North America wouldn't know a gold or silver coin if it fell on his foot is incredibly well read just reads the wrong stuff.
And if all you do is follow the mainstream and not someone like yourself, you're just lost and you're not you're going to get run over by what's coming.
So it's my honor to help guy like you help get the information out there.
And I thank you for letting me part of it.
That's incredibly generous on your part.
And so just to confirm to the audience here, I mean, just to repeat it, if you buy the course at brightu.com or you can go to brighteonuniversity.com to purchase the course, Miles Franklin is going to match what you paid as a donation to the Brighton University team that's producing more documentaries.
Thank you for that.
But also, let me return the favor.
You have a secret price list that is not public and only people who watch these interviews know how to get access to that secret price list.
So give us the email address of how people can request that list.
Yeah, that would be info at milesfranklin.com.
Info at milesfranklin.com.
That's a price list we hold close to the vest.
And anything, any questions that you hear on this interview or any of the others that Mike and I have done in the past, or any questions, feel free to jot them down.
No obligation.
We're just happy to send you the pricelist if you want.
You want to be contacted, put your phone number down.
Now that's, what you sell are Traditional gold and silver coins, different mints from around the world, US mints, other world mints, also some bars as well, right?
Yes, I mean, I like to think of what we sell as being vanilla ice cream.
Anything from the six major mints of the world, U.S., Canada, Austria, Australia, South Africa, and the United Kingdom, or bars or rounds made by respected refineries around the globe.
We stay, although we can get people any of the numismatics they want, typically we reserve that for people who specifically ask for it and know what they're talking about.
It is our mission to get people as much gold and silver for the least amount of premium as possible, the least amount of commission, while never crossing over the pennywise pound foolish threshold so that you maintain good liquidity down the road as well.
In other words, you can have a giant block with no liquidity.
That doesn't do you any good.
And we'll show you the pros and the cons and the do's and the don'ts.
And we've been doing this for 35 years, over 10 billion in sales without a customer complaint.
And I'll make damn sure that your people aren't the first to ever complain.
Yeah, no kidding, but I mean, I hear nothing but positive feedback from you.
But let me ask you one more technical question about the sales, and then we'll get back to the topic.
Sure.
And I almost hate to bring this up, but a person came to me the other day with a true story that they had gone with one of these sort of bigger celebrity-endorsed gold retailers, I'm not going to mention who, And they got taken to the cleaners, man.
They overpaid.
They got talked into these like collectors series coins with weird ounces.
And they realized, they did the math and they realized they overpaid by like 50 or 60 percent.
Yeah.
And it wasn't small.
It was like a hundred grand.
You know, they got taken to the cleaners and there are those companies out there, aren't there?
It's a mission of mine, Mike.
And I've been on a lot of podcasts lately and out of respect, I don't You know, when you, when you have the ability to have a platform like this, you know, the old saying, the pen is more powerful than the sword.
I don't take that lightly.
And I never mentioned the names as badly as I'd like to, and as badly as I'd like to debate the, the, the chicken blank owners that, that, um, that are out there destroying people's lives.
And, and they are, they're truly destroying people's lives.
And I'm gonna tell you what, probably what the people bought, but before I do real quick, you know, I got a friend here in my community that I play golf with, and he worked for Stratton Oakmont, which is Jordan Belfort's company, which is the Wolf of Wall Street.
I said, you did?
He said, yeah.
I said, did you get in trouble?
He said, no.
The minute I found out what they were all about, I left.
We talked more and more about it.
He said, you know what's really interesting?
All the guys that were there who left at the same time, all of them just about went and started their own shop, the exact same mirror image of what Jordan Belfort was doing, just pillaging people.
And I think about it, that's the same model that we see in this industry.
And I often wonder to guys that are being asked to promote and being paid huge, one of the guys that was asked to promote, I won't mention his name, he's a friend of mine, was offered $40,000 a month to promote for one of these companies.
Yeah, they get really fat commissions because of all the markup.
And I don't think they know.
I don't think the endorsers know.
But I have talked about this on podcasts, and I get people sending me their statements.
And in every case, it goes something like this.
Either proof coins, but more likely quarter ounce gold coins that are sold between $900 and $1,200 each, and silver coins between one, one and a half, and two ounces between $60 and $150 each.
What?
Every single one of these companies, every one of them, and they destroy people's lives.
I look at these statements, I'm like, oh my goodness, you've lost 60% of your money in a year, and the price of gold and silver have gone parabolic.
So we have figured out a way to make people whole.
And if any of you out there are listening to this and you have been taken by one of these companies, call us.
Send us an email at infomilesfranklin.com.
You heard me on this show, and you need to talk about this, and we will tell you what to say to these companies, and we have had pretty much a 100% success rate in getting people whole.
What these people are doing is flat-out criminal, and this is what happens when you buy metals in a non-regulated industry.
And you think that just because someone with a polished background is promoting a company that it's legit.
If the promoters really knew, and I would venture to say they don't, what is happening, they would be horrified, they would yank their sponsorship, and they would sue for slander for even representing themselves in that light.
It's bad news, Mike, and it really truly is happening.
All over the place.
And it's a lot of these big, endorsed, promoting companies.
So yeah, if any of you out there have had this problem, reach out to us info.
Myles Franken and I have a very, very strong inclination that will be able to help you make yourself whole and get on the other side of this.
So that's breaking news right there.
This is the first time I've heard you say this, that if someone, let me just repeat, if someone's listening, if they've been taken by one of these dishonest gold and silver retailers that is talking people into these wildly overpriced coins, you have a method.
Yes.
That can help people contact that original company and, what, get their money back or get the amount of gold and silver they should have received?
That's exactly right.
So the most, with gold right now at, call it 2680, the most, and that's an all time high, 2680, the most that I would ever sell a quarter ounce gold coin for, ever, Right now, which would be the highest I've ever sold it for, 735 bucks or so, that's a quarter ounce 2024 Gold Eagle.
That would be the most I've ever sold, ever, in 34 and a half years, a quarter ounce gold coin for.
These people are all, for whatever reason they choose the quarter ounce, and I'm not sure, but they're always coins like you mentioned.
I know the mint, But I don't know the coin, and I've never heard of the coin, and that's one of the, you know, the sales pitch is, well, you know, this is a special coin, and you'll make a ton of money on it, and trust us, you don't want to buy that ordinary American Eagle stuff, and you want to buy this.
And I mean, they're being sold for $900, $1,000, $1,100, and it was bought a year or two ago when gold was a fraction of where it is right now.
It's it's truly despicable and for whatever reason the majority if not all of this Nonsense.
Happens in IRAs, which means they're happening to people your mom and dad's age.
Wait, wait, so people are turning over their retirement.
Yes.
They've worked their whole lives for this retirement money.
It's so gross, dude.
They're turning it over.
It's so gross.
It's awful.
And these guys are making $40,000 a month in commissions.
Andy, I'll share this with you.
I think I might have mentioned this publicly before, but I don't think I've ever shared this with you.
And it was a while ago, maybe two years ago, I was contacted by one of these companies and they offered me, I think they offered me $50,000 a month.
Yeah.
To promote them.
It might have been more.
I could tell you who it is.
I'm not going to do it.
But I know for a fact I can tell you who it is.
And it's the same.
It's the same deal.
And you'd be a hell of a spokesman.
I mean, you're the perfect person.
But I wouldn't do that.
People trust.
And if they get someone like you who already has trust established, then people don't even look under the hood.
And that's what happens to these poor folks.
The difference is you would know better.
Most of the people that they're going after, they don't know better that these companies are doing things in less than above board manner.
That's why my word means something.
That's why my reputation has values because I say no to those assholes out there that want to take advantage.
They want to pay me to take advantage of my own viewers.
Of course, and that doesn't surprise me at all.
You'd be the first person that someone like them would call to try to get in their stable of promoters, because you have such a good, loyal following.
All right.
Andy, and then for the record, just so that people don't accuse us of being hypocrites, Have I ever, have I ever asked you to pay me a dime?
Never.
Never.
And nor have we ever had any type of relationship in this respect at all on either side.
No.
And that's why I'm always so honored to come on this show and why I often cite your work publicly because There are very few people who have the pedigree that you do, the understanding that you do, the platform that you do, and the reputation that you do.
And that's why I don't ask, and you don't, and you never mention it.
It's just, it's mutual respect and something that means an awful lot to me.
So, just to be here with you is enough for me.
From day one, the first time that I saw you doing an interview, And I think I saw you first on Liberty and Finance, by the way.
I want to give those guys credit.
Good shout out to those guys.
Yes.
Excellent, excellent show.
I saw you there and, you know, I've been around in alternative media for, you know, two and a half decades, right?
And I said, my goodness, this guy, Andy, he gets it.
He knows what he's talking about.
He's the CEO of Miles Franklin.
We've got to reach out to Andy, so I did, and we had you on, and of course you blew everybody away.
And since then, I don't know how many interviews we've done, but you have been so far ahead of the mainstream, right?
And you've taken heat for it.
People called you freaking crazy three years ago.
Now they're not laughing.
Now those people are freaking out.
They're crapping themselves over what's happening.
Thank you for saying that, Mike.
But you know what?
I'm freaking out over it, too.
You know, I said these things publicly when no one else thought it was relevant.
And the fact that things are coming true and the fact that it's accelerating is frightening.
And it should be frightening to all of us.
All of us who love the status quo.
Well, not even want to go that far, but to say the privilege that we've enjoyed as being the world reserve currency and the center of free trade and this wonderful democracy, which seems to be slipping away in many respects.
It's frightening, but I thank you.
Look, the bottom line is this.
I'd rather know what's coming and have an opportunity to get out of the way of it.
Like my buddy across the street, who's the top 40 money managers in the country, he'll get run over by it.
He always says to me, you know, when the market corrects, I just double down and buy more.
It always works.
It always has worked.
Until it doesn't.
Until it doesn't.
Yeah.
Right.
But that's where we're headed.
The broken clock is right twice a day.
So let's get back to the focus here.
Now, you just mentioned there's going to be a correction of the GDP numbers.
Now, this administration, as you know, is completely full of bunk all the time.
They lie in the reports, and then they go back and retroactively correct everything.
The jobs numbers, the inflation numbers, and now the GDP numbers.
What's GDP going to be corrected to now?
I don't know the exact number, but it's going to be revised downward substantially.
Again, all of the admissions, all of the grandstanding of great economies, strong unemployment numbers, low inflation numbers, and amazing GDP all quietly get revised.
I don't know the exact number, but they said it would be shockingly lower than had been reported.
And this is the crime of it all.
You know, everything that they have touted as being fantastic is actually a lie, and we don't find out until far after, and done so in a manner that no one even notices it, unless you're one of us geeks who pay attention.
So I guess we'll see, but maybe that's why gold keeps going higher, because the people who understand the truth behind it are using every opportunity to continue to de-dollarize It's outperformed the 10-year Treasury by a factor of 2 to 1 over the last 25 years, quietly doing so with no counterparty risk.
The weaponization of the Treasury market has accentuated enough to where You've got to be out of your mind to hold any duration treasuries of the U.S.
government, and that's why when Powell lowered rates the other day, the back end of the market sold off and rates went up.
That's the rest of the world saying, hey, listen, we need some more return.
If we're going to take your treasuries, if you're going to continue to inflate to the tune of $100,000 of debt per second, 24-7, that's something that You know, you get to a point where the rest of the world says, we've had enough of your debt.
You're broke.
You're insolvent.
You're hypocritical.
And you continue to eviscerate the value of the dollar and weaponize the treasury.
That's not enough return for us to want to hold your debt for 10 years, let alone 30.
You better start cranking up the interest on the back end.
And that's the market controlling that, not the Fed.
So, interesting times.
And I want to ask you about the rise in gold and I believe gold is up something like 30% this year or close to it.
It's substantially rising but that's in dollars and dollars are losing value.
So you know gold is just kind of You know, holding the line on preserving assets.
Gold is wealth.
Dollars, you know what I call?
I call dollars shadow money, and I call gold God's money.
It's great.
I agree.
I was actually doing a sermon on this.
You know, gold is obviously mentioned in the Bible.
Did you know it's mentioned in the Bible over 400 times?
I did.
Someone sent me that recently.
Yeah.
And in the Bible, gold is mentioned in two contexts.
Number one is as an asset, something of value, something that the three wise men gave as a gift at the birth of Jesus, gold, myrrh, and frankincense.
But the other context of gold is when people, especially evil kings, they want to make gold statues of themselves and demand that people worship them.
So that's the worship of money symbolized by golden statues and then people worshiping those statues instead of God.
I think the best combination is we must give blessing to God and use God's money to preserve our future.
But we don't worship the gold, but we do stack it.
Look, we had 180 years of a gold standard in a country that worshipped God, and embraced religion, and had it integrated into society, even into schools.
And for 180 years, we had the greatest prosperity the world has ever seen, and zero inflation, and God shone his light upon this country.
And now we move away from God and we move away from gold and you can see what's happening.
Everything is unraveling.
Could it be a coincidence?
I don't know.
It bothers the heck out of me.
And I think these are the foundations of the country that made us special.
And I think, you know, if you believe spiritually in these things, there is no question that a country with that would embrace God and use gold not to become wealthy, but because it was wealth.
Backing a system would be shown favorable Would be looked upon favorably and I think there's a lot to think about that maybe that the The move away from both God and gold in that respect is part of the problem that we are where we are.
I'd like to show you just an interesting example.
Money creation in this country has averaged 7% per year for the last decade, if you smooth that out.
And the law of 70 seconds, Mike, says you take the interest rate and divide it into 72.
It tells you how long before your principal doubles, or in this case, if you are experiencing 7% money creation, which is inflation, right?
You're inflating the money supply.
It's not the CPI, it's not the prices, it's the inflating of the money supply that creates inflation.
The Cantillon effect says it takes a little bit of time for the money to work its way out into the system to create price inflation, but at 7% money creation per year, that's 7% inflation per year, and it's probably higher than that now, but over 10 years, 7% inflation on average means At 10.2 years, the currency would have been cut in half.
Now, that was almost to the day that Goldman Sachs analysts in 2012 or 10 years ago, yeah, well, where are we?
So 2015, it was 2015, he said, well, let's just face it, gold's a pet rock.
It was in the Wall Street Journal.
So In that period of time where the law of 70 seconds at 7% money creation would say 7 into 72 is 10.2 years.
2015 our currency was worth double what it is today in terms of purchasing power.
What was gold that day?
1200 bucks.
What's it today?
Just over double.
It's doubled plus a little bit at 26 and change as the dollar has been cut in half.
Now did gold make you rich?
Or did gold maintain your level of purchasing power?
And I could go back to right here with a $20 gold coin and a $20 certificate.
If Grandpa left you 500 of these and 500 of these, two boxes, $10,000 of each, and a $20 gold coin in 1900 would have bought you a suit and an overcoat and a hat and shoes.
Same thing with the $20 gold certificate.
Well, those $20 bills, you have 10 grand when you open that box.
That's a lot of money, but that $20 bill won't even buy you the shoelaces and a tie for your shoes and your outfit.
But this $20 gold coin, which is an ounce of gold, Still buy a pretty darn nice outfit.
The point of it is that gold is not something you own to become wealthy.
It is wealth, and it will retain its purchasing power throughout all of time.
And that's a good way to look at it, as far as I'm concerned.
Let me jump in there about over time.
This is really critical, because gold is mentioned in Genesis, the first book of the Bible.
And, you know, different historians date Genesis to, I don't know the exact answer, 4,000 years ago, maybe more, 5,000 years ago.
Gold, you'll notice that in the Bible, the dollar is never mentioned, the euro is never mentioned, the yen is never mentioned.
And it's not just that those didn't exist, obviously, in that time, but there's no other currency other than, I guess, the shekel.
You know, mentioned in the Bible.
And where is, you know, the shekel today?
Well, that's not the world reserve currency, but gold still is.
In other words, gold has outlasted every form of shadow money, which is mankind's currency.
Mankind's currency does not hold value because man does not have values of God.
I mean, it's almost poetic, but that's what needs to be stated.
It's so true.
It's completely true.
And that's why you go back for 5,000 years.
And through everything, you know, two world wars, hyperinflation in Germany, the Great Depression, every pandemic, everything.
The denarius was also mentioned in the bylaw.
I do want to bring that in.
So the Roman currency was mentioned.
Where's the denarius today?
Sorry to interrupt.
No, that's okay.
And the denarius, you could argue, is the exact same thing with the dollar.
They expanded so far, their outreach became so far to maintain their empire, they had to... And this is why, if you look at, like, here's a Morgan silver dollar, and I don't know if you can see it, you see the ridges there?
All of the silver coins have ridges on them.
This is because in the Roman times, they would trim around the edges, make the coins a little bit smaller to pay their warriors all around their empire until the whole thing collapsed.
And that's their form of inflation.
That would be called ancient shrinkflation.
Yes!
But that's... The coins are getting smaller!
The more things change, Mike, the more they stay the same and go back thousands of years and that's what you find.
It's incredible.
So let me just give out your website again, milesfranklin.com, but where people need to reach you if they want gold and silver from you is info at milesfranklin.com.
That is correct.
Info at milesfranklin.com.
And then you are featured in the upcoming financial survival docuseries produced By our Brighton University team.
People can register for that right now at brightu.com.
And if you register there, you'll be able to watch it free of charge.
This is the form that you'll see.
Just enter your email and your name there.
And if you do purchase the series, which is optional, you don't have to purchase it.
If you do purchase it, you'll be able to download all the episodes and the bonus items.
immediately.
You can also share those with a friend or a neighbor or a family member, put them on a thumb drive, and you can hand a thumb drive to a friend and share that with them.
Here, watch this.
I just bought this.
But Andy Shackman is officially supporting the program by offering to match your purchase price as a donation to Brighton University so that we can produce more docuseries.
That's, again, very generous.
Thank you for that offer.
Now, where Where is gold?
Well, I want to ask where it's going from here, but I'm not claiming that you have a crystal ball or anything, but I want to bring in the fact that there's, you know, Russia just updated its nuclear posture policy, saying it can retaliate against drone attacks using nuclear weapons.
Israel is very aggressively talking about a ground invasion into Lebanon, which has implications for oil prices and regional conflict.
How do these regional conflicts, in your view, factor into where gold is going?
No, they have a huge impact on it.
I mean, anyone would be crazy to think otherwise because there's a high probability that the U.S.
gets dragged into it, the West gets dragged into it.
And not only that, I mean, when you disrupt the, you know, the Straits of Hormuz and the Red Sea and the flow of oil, it's going to impact everything.
And You know, there are unintended consequences all over the place, but whether it be the Ukraine or whether it be the Middle East, these are powder kegs waiting to happen that could very quickly spiral out of control and drag other parties into the fray.
You know, you look at Iran as an example, and now the aggression between Hezbollah and Israel, Hezbollah being an Iranian-backed proxy, You know, Iran just joined the BRICS.
They joined the Shanghai Cooperation Organization, which is the largest regional military organization in the world and is supported by, of course, China and Russia as well.
So, you know, what does it mean?
I don't know, but I think anyone to think that it isn't consequential is lying to themselves, especially as it pertains to the cost of energy, which could very quickly be turned upside down.
Yeah, the cost of energy, of course, You know, cheap energy creates abundant productivity and cheaper food.
Higher cost energy leads to food inflation and industrial collapse.
And we're seeing industrial collapse across Germany, France, Spain, the UK.
Did you know, well I'm sure you know, in Germany a Volkswagen has just said they're going to lay off 30,000 people.
We've seen the shutdown of BASF, the chemical conglomerate, in Germany, which was a key part of the European In industry, you know, providing raw materials for industry everywhere, energy is relatively cheap right now.
Like, what is oil today?
Do you recall?
$70 a barrel.
Okay, that's what I thought.
You know, I was just talking with Gerald Salenti, and he predicted it'll be at $130 a barrel very soon, depending on events, mostly related to war.
Doesn't gold usually Correlate with oil in terms of price increases?
Yes, and I think it'll have a greater correlation moving forward.
A much greater correlation because you look at the Saudis as an example, who just recently secretly bought 160 tons of gold.
And I say secretly because the mistake they made was by not reporting it to the IMF and the Swiss import-export numbers flagged it.
A lot of these institutions will use proxy banks, commercial banks, on behalf of the central bank to To remain anonymous.
In the case of China, they'll have the People's Liberation Army do it instead of the PBOC to remain anonymous, to not report it, to mask how much they are buying.
But let's look at Saudi Arabia as an example.
And what's really interesting, I prepared this for a presentation I did a few nights ago, less than a week ago.
And you'll see how fast it's changed.
Now, Saudi Arabia, as we all know, part of the petrodollar deal is we'll sell oil in dollars and we'll take the proceeds and put them into treasuries.
And we've talked on your show ad nauseum about, at least you and I have together, about how the treasury market has been weaponized and it's foolish to hold treasuries that, of course, were embarking upon a massive inflation with a trillion dollars every 90 days, 100,000 a second.
Interest rates spiked up 500 basis points, eviscerating those that were already on their balance sheet.
And if you don't align any logically, we'll take it from you, maybe even give it to the country.
You're in a war again.
Okay, forget the treasuries.
And how about the dollars?
Well, same thing.
The dollar is being inflated away.
We just talked about a 7% annual money creation and inflation, according to right now, John Williams of Shadow Stats, north of 10 or 11%.
So all of that, okay.
So, a few days ago, I thought to myself, well, gold at the time was $25.90 and oil $70 a barrel, where it still is today.
And at $25.90, For an ounce of gold, that would buy you 37 barrels of oil.
A week later, we have gold at $26.72.
So it's up almost $100 an ounce, just under, and that oil is the same price.
So now it's 38 barrels of oil that you would get for that one ounce of gold.
If it were the other way around, the Saudis were thinking, geez, that's amazing compared to the dollar that's losing value.
I just gained a whole bunch of value.
I just gained 5% in a week.
But look at it this way.
The example that I was using was a woman's purse that could hold 20 pounds.
And I got these numbers from my friend, John Little, and they were fascinating to me.
A woman's purse with an extra strong strap that could hold 20 pounds of gold is 290 ounces of gold.
A week ago, that's 10,730 barrels of oil, 290 ounces of gold.
of gold.
A week ago, that sold you 10,730 barrels of oil, 290 ounces of gold.
And today, just a week later, if we do the math right now, and we take 290 times 2672, divide that by $70 a barrel, and divide that by $70 a barrel, and you get 11,069 barrels of oil instead of 10,730 in a week.
Now if you're Saudi Arabia, what the heck do you want?
Do you want dollars that can be inflated, confiscated, weaponized?
Or do you want gold, which has no counterparty liability, that continues to move higher, that is going to be pegged to a new system that was reclassified the world's only tier one asset other than U.S. dollars and treasuries and shows this kind of potential day after day lately?
I think the handwriting is on the wall.
We are moving away from a period of dollar-based acceptance for energy into something like gold.
And that, to me, is why we see gold continuing to march higher, because the big money around the world says, I don't want dollars or treasuries anymore for our stuff.
Let's get something real.
More importantly, that those people across the globe cannot take from us if we don't align ideologically.
I think it's a big deal.
It's huge.
And also, of course, as you know, China is allowing treasuries to expire and they're rolling that into gold instead of buying more treasuries.
And that's the smart way to do it because they're smart.
Instead of going like this.
Dumping it?
No!
Instead, they'll just quietly let it roll off.
Just let it roll off.
Don't dump it.
Let it roll off.
Take the excess and buy treasures.
If you dump it, you cut off your nose to spite your face.
You alert the world.
You're on the cover of the newspaper.
You're on the evening news.
Why are they doing this?
Instead, they do things methodically.
China has patience.
Culturally, the Chinese culture has patience and they have very long memories and a very long term vision about what they wish to accomplish.
But I also want to mention Saudi Arabia, you know, you said 160 tons.
I just want to emphasize tons.
If you are buying as a nation, you're buying tons of gold or hundreds of tons of gold.
Think about it.
You know, a ton of gold probably ships on a on a A pallet, I suppose, right?
So if you are moving with a forklift hundreds of pallets of gold, that's a serious amount of gold.
Saudi Arabia is taking this issue seriously and the reason you and I both know is because the upcoming BRICS settlement currency with what we believe will be the unit digital representation, the unit is rumored to be 40% backed by gold.
So doesn't that mean that what Saudi Arabia knows and what China knows is that the more gold That they accumulate, that they can put in a vault and have audited and inspected, combined with 60% of a basket of currencies, they will be issued units digitally that they can use for international settlement, correct?
Correct.
But the interesting thing about it, Mike, is that if you look at the white paper, and I've talked about this a lot, I just did a simple Google search and let me pull them up here.
I don't remember if we talked about this or not last time.
But this is a list of countries over the last year and a half that have brought their gold back from the Bank of England and the New York Fed.
Oh, wow!
Germany, Austria, Slovakia, Argentina, the Netherlands, Saudi Arabia, Hungary, Belgium, Egypt, Senegal, Romania, Nigeria, Poland, Ghana, India.
India is an interesting one.
They bought one and a half times the amount of gold they bought all of last year, just in the first four months of this year.
And when I'm done with this, I'll tell you about their silver.
Plus, they brought home 100 metric tons of gold they held at the Bank of England since 1991.
They brought that home and all the gold they bought along with Turkey, France, Serbia, Venezuela, Algeria, Cameroon, South Africa, Czechoslovakia, and I could keep on going.
Now, the conventional wisdom is, well, that's because of the weaponization.
People are afraid, like Venezuela asked the Bank of England, can we have my gold back?
Nah, no, you can't.
And so they're thinking, geez, I don't want the West holding it.
The West always did hold it, Mike, because the Bank of England gave direct access to the LBMA with the Western rule of law and the Western jurisdictions, safety, et cetera, and the New York to the COMEX.
That's over now.
It's over.
You can't trust the West.
You have counterparty risk.
That's true.
That's true.
But if you read the white paper, here's the interesting thing to your point on the unit.
The white paper of the unit says That the gold and the 60% BRX plus currencies with no more than 30% weighted in any one currency that comprise that 60% Here's the key.
Will be held within the borders of the countries that possess it.
They will mint their own tokens.
The gold and the currency is moved into an escrow account that will be independently and continuously audited, but within their own borders.
So they don't have to send their gold.
Like here, everyone has to send their gold to the US or to England.
Now everyone holds their own and independently audit with strict penalties for deviation from the protocol.
But now you don't have to send it to Beijing or to Moscow or Dubai.
You hold it yourself, and if you want to be considered legit, you better do it the right way because it's going to be continuously audited.
It is the perfect plan.
You don't have to trust anyone.
It is the perfect plan.
The system itself inspires trust.
And what I love about that plan, Andy, and I'd love you to talk more about BRICS because there's a big meeting, as you know, at the end of next month, October.
But what I love about the BRICS concept, and this is what the Western world desperately needs if they had any vision, is that no country can counterfeit it.
That's right.
That right there makes it valuable.
Well, and see, it's not a BRICS currency.
And this is where everyone kind of missed it, myself included.
You know, Sergei Glazyev said there would be a BRICS currency pegged to a basket of commodities and currencies.
That's why I've said that for four years.
Well, the meeting that was just a few weeks ago that coincided with the G7 meeting where the Saudi royal crown prince was invited to Italy, he said, I'm busy.
But I'm going to send my delegates to the BRICS meeting, where we find out 59 countries have formally applied.
And Delma Rousseff, the former president of Brazil, who is now the head of the Brixton Development Bank, said, we've agreed in principle, in meetings with Sergei Glazyev, who is the Eurasian Economic Union financial minister, and Putin, to the new unit settlement token that will be backed by gold.
40% instead of a basket of commodities, it's gold, which is the only other Tier 1 reserve asset.
The interesting thing about it is that if you go back to 2017, when all of these central banks all of a sudden started to bring their gold back from the New York Fed and started buying it before it was reclassified Tier 1 by the Bank of International Settlements, well, you look at all these countries bringing their gold back now, guess who's also behind Project Enbridge?
It's the Bank of International Settlements, on top of Saudi Arabia being now the fifth country to fully integrate and apply and become a full member to Project Enbridge, which the U.S.
dollar is not compatible with.
And she said, Delma said, this will all trade over Project Enbridge.
So the point of it is, is that each country will trade their central bank digital currencies over Enbridge.
So it'll be the digital yuan and the digital rupee and the digital ruble.
But, you know, you're China and I'm Russian.
Listen, Mike, I have a little bit too much in the way of digital yuan.
I appreciate all the business we've done for this order for our oil.
We would really like it if if you pay in the unit.
Sure, no problem.
And by the way, we're going to take possession of that gold too because that is an option.
So now the unit will also trade over Enbridge, but the point is each country will have a very strong interest in maintaining the integrity of their own monetary system because they're trading their own local currencies with the ability to to settle if they want for energy or commodities or whatever it is in the unit.
And so it's not one currency.
It's a settlement currency that everyone has to maintain their own ecosystem to be part of.
It's a settlement currency.
I'm really glad you mentioned that.
I want to emphasize, and correct me if I'm wrong, but my understanding is that backing the unit is 40% gold, 60% currency is the same.
That also means then the unit can be traded in for gold plus currency.
That's right.
And it is redeemable.
100% redeemable.
And that's why the auditing is important and the escrow account is important.
But the best part about it is that gold doesn't have to be trusted to anybody else like it is now in England where Venezuela says, can we have our gold back?
We don't like the way you do your things in your country.
So now everyone holds their own gold and it's a system that inspires confidence and trust.
Let me add something else about the redeeming of the unit because I've been thinking about this mechanism and the fact that this structure eliminates a counterparty risk.
Now let's say that I'm China and I take a bunch of gold, I stick it in a vault.
and a bunch of currencies, and I put it in escrow, and that's audited and inspected, and that allows the spontaneous creation of units within this BRICS system.
And then I engage in a lot of settlement trades with other countries, and then I end up with extra units, and I want to redeem those units for gold.
In China, China, as I understand it, again, correct me if I'm wrong, the units would then be algorithmically destroyed, and China would be able to free up a portion of gold and currency from its vaults and from escrow. and China would be able to free up a portion The currency and gold would be released, but it's the gold and currency that it's already sitting on.
It's just vaulted and escrowed.
In other words, China doesn't have to get gold from anybody else.
They just tap into the gold they already set aside as the units are algorithmically destroyed.
Does that sound right?
That's right, and do you think there's any coincidence that the central banks of the world are buying gold at a level the world has never seen?
And who reclassified at Tier 1?
Oh yeah, it's the BIS.
The BIS was behind reclassifying it as tier one, but for two and a half years before they announced it, all of the banks, the Dutch National Bank, the Bundesbank started, the Bank of Hungary, Turkey, Austria, Poland, the Czech National Bank, they all repatriated their gold and then went on a buying spree where the following year in 2018, they all repatriated their gold and then went on a buying spree where the following year in 2018, 2018, they buy more gold as a group than they did in the 60 years previously combined.
They doubled that number in 2019, and then somehow, mysteriously, coincidentally, the BIS says, by the way, gold's now tier one.
Like, they didn't tell them.
Well, look at the 30-plus banks that have all brought their gold home, and have been buying at a level no one's ever seen over the last two years, and now the BIS, coincidentally, is standing behind Project Enbridge, which is now going to be the settlement or the platform to trade cross-border or to settle in energy on the new unit, which Saudi Arabia is a full participant in, which is not compatible with U.S.
dollars, and the BIS just happens to be behind it.
The BIS said to all these countries, get your gold home, here's the plan.
They talk, and this is one big good old boys club, and they all talk amongst themselves, and get your gold home, start buying it, bring it home if you want to be part of what's coming next.
So Andy, I'm sorry to interrupt, but this is critical, what you just said is critical.
As Americans, most people watching this are Americans, but we have an international audience, We will probably not be, you know, allowed to purchase bricks, units or tokens or settlement, anything.
However, when we purchase gold, That is the closest proxy to participation in the BRICS system because the BRICS system is backed 40% by gold.
In other words, what I'm saying to people is if you see that BRICS is going to be the settlement financial system for the industrial world and the energy world, you know, Russia, and you can't buy BRICS and you want to get out of the dollar, the answer is buy gold.
Yeah.
It's right there.
Yep.
And you're going to see the West try to do something to mirror it.
Kristalina Georgieva, the head of the IMF, said a CBDC not pegged to something is fiat.
Earlier in that year, last year, they wrote a report that is titled Gold as an International Reserve Currency, a Barbarous Relic No More?
You're right.
There's something called Project Agora.
Project Agora would be the West's answer to Enbridge, and it would probably be compatible with Enbridge, but my guess would be backed by gold.
It'll be something that they would attempt, probably, to find a way to trade with the BRICS nations if they know what's good for them.
But either way, we are moving to a digital system that is pegged to gold.
And it's just there are too many crumbs all over the place that are pointing to it.
And Zoltan Pozar was right when he said this Bretton Woods 3.
Bretton Woods 1 when we took over for the pound sterling.
Bretton Woods 2 when we were the petrodollar, which ended a month ago, when Saudi said, yeah, we'll still take dollars, but not exclusively.
Bretton Woods 3 is now about commodities and transparency.
And that's blockchain and gold marrying one another to inspire confidence.
Because when you disrespect the punch bowl however you do that, or you spike it however you do, as often as you've been doing it, we have.
If you don't get rid of the punch bowl altogether and get a new one, a fresh one, one that inspires confidence, no one will ever drink that punch ever again.
And that's why you have to have something behind it rather than the politician's ability to destroy it, something like gold.
And instead of making it fully redeemable for you and I, now the governments can redeem it, but you and I, we can have the confidence because we see it on a On an open ledger blockchain, distributed ledger, for people to see the legitimacy of it and have it continuously and independently audited.
So I think that is where we are going.
It's the only way that the system works without making it completely and totally redeemable.
And Gaul from France proved convertible currencies convert, so I don't think that's what they want to do.
I was going to say this is history unfolding and this is really a revolution in money and currency and trade and settlements because before now every world reserve currency throughout the last six centuries that I can think of was always able to be counterfeited by one government.
The government that was in charge of that today, it's the U.S.
Empire.
You know, before us, it was the British Empire.
Look where the British Empire is now.
It's in a state of collapse.
Let's be honest.
Even militarily.
Do you realize that the entire military, every soldier in the British Army, if you put them all together, they wouldn't fill a football stadium?
You realize that?
That's unreal.
I mean, it's unbelievable.
And yet they're the biggest buyer of our treasuries these days.
So one broke country buying the debt of an even more broke country.
That's a good one.
Yeah, exactly.
So the world, at least the modern world, has never seen a settlement system that could not be counterfeited.
Bitcoin is one such system.
It can't be counterfeited.
But, you know, Bitcoin is not going to be directly embraced by all these countries.
They're going to do their own thing, borrowing properties from Bitcoin, such as a distributed ledger that is permissioned, not permissionless.
But I want to bring it back to the practical thing here.
For people who are watching this and they want to know what to do, I'll tell you, watch this docuseries.
It's called Financial Survival.
Andy Sheckman is featured in it.
It's at brightu.com.
You can register there.
You can watch it for free, or you can optionally purchase it, like we mentioned earlier.
And Andy has graciously agreed to match your purchase price to help support the Bright Town University documentary series.
But I can tell you...
That series, when you watch the series, you're going to want to buy gold.
And if you want to get gold right now, just email info at milesfranklin.com or go to milesfranklin.com website here of Andy Schekman.
And tell us again, Andy, when people email you, what do they get?
Well, first of all, they get any questions that they have answered.
You can put a phone number down if you want to be contacted.
Or if you just want our price list, which I promise you will be as good or better than anyone in the country.
99% of them anyway, if not more.
There's no obligation for that.
Just ask us for the price list and just let us know where you came from so that we can keep track of that.
And you saw me on this show, on Mike's show, and we are more than happy to send that out.
Again, no obligation at all.
Only contact you if you ask to be contacted.
You must have to, I mean, obviously you're updating that at least once a day.
Do you sometimes have to update that more than once a day?
We do.
And we do.
And I have many reasons why I don't want to publish it.
But suffice it to say, yes, it's continually updated.
And we do our best to maintain that.
Sometimes there's a little bit of a delay.
When you're talking to us, we're always able to make sure that you're getting the best price and the best service.
And I think where we're going, and I'm not trying to be sensational or dramatic, I think relationships will be important.
And my business was founded on relationships, my relationship with guys like you, with our mutual friend Chris, or with all the people that I've known in 30 years, 34 years of doing this.
To me, I would say that's the most rewarding and important part.
And I think it's something that's kind of been By the wayside, if you will, in a digital world where everything is about big box stores and emails and texts and nothing is a relationship.
To me, where we're going, relationship will be very important and I don't think you've ever realized how important it is until there's a problem.
So yes, that is how we do things, but we do update it very often.
And if, you know, you find that list and you find someone or something far more attractive, call us.
We'll do the best we can to make it right and to earn your trust in your business.
I can promise you that.
And we've never had a customer complaint ever in going on 35 years, which is the most important thing to me.
So we're going to be really fair, but we're going to treat you the way that you would expect to be treated, the way you would expect us to treat anyone listening to this show.
I want to ask you, now I know you left the state of Tim Walz before he completely destroyed it, which he's in the process of doing, but aren't you in Florida?
Yeah, I live in Delray Beach, Florida.
So, okay, so the hurricane that's coming is not hitting your side of the state?
No, I mean, it's been really windy today.
It hasn't really rained.
Fortunately, it's missing this side of the state, as the last three of them have, and all been on the Gulf.
Yeah.
So we'll get, you know, they'll spawn off some tornadoes.
In fact, the The phone alarm went off at about 6.30 this morning and I jumped out of bed and there was a tornado.
Funny thing was, it said take shelter immediately and go to your basement.
I'm thinking, I don't think they have basements here in Florida.
I don't have one.
It would be under the water table.
But anyways, yeah, we've been lucky.
Thanks for asking.
We'll probably miss this one.
Maybe have some shrubs in the front yard that need to be picked up.
But other than that, I think we'll be okay.
All right.
Well, if anything, though, the hurricane is a reminder of preparedness.
And, you know, there's food and medicine preparedness, but there's also financial preparedness, because I would say that hurricane is a very strong metaphor for what's coming financially.
We're living in a fake shadow economy with fake shadow stats, to borrow from John Williams' website name there.
All the numbers were given by the government are deliberately falsified and then retroactively corrected.
But what's real?
Gold and silver are real, as has been proven for thousands of years.
So are you, Mike.
You're real.
And I appreciate being here with you more than you know.
And that's the highest compliment I can give you, that you're real.
In a world where not everyone is real and authentic, you are.
And I think your listeners know that.
And that's why I'm always so honored when your staff reaches out to me, or you do, and says, come on.
I'm like, I'm there.
Well, I'm honored to have you on today, Andy.
So we'll pray for your safety and all of your friends there in the state of Florida.
You probably have some things you need to get to there with the approaching storm.
But thank you so much for joining me today.
We really appreciate your time.
You got it, brother.
I look forward to picking up where we left off.
Remember, you got three plus weeks until the meeting in Kazan.
And a couple weeks after that, the election.
That's five weeks of craziness.
Wow.
And I'm here anytime if you want to just jump in if there's anything to talk about.
But either way, thanks for having me and I look forward to chatting with you again real soon.
I hope you and everyone else out there stays well.
All right.
Thank you, Andy.
God bless you.
Take care.
See you, brother.
Alright folks, there you go, Andy Shachman.
What an incredible man.
I mean, I've just come to know and respect him so much for what he's doing, and he's helping so many people.
And now he's even offered to help support our docuseries.
So, by the way, if you go there, go to brightu.com, register there, it's free to watch.
If you choose to purchase it, you'll be able to download the entire series, and we've got numerous experts speaking there about financial survival and preparedness.
It's more than just gold and silver, but a lot of the talk does include gold and silver.
And if you purchase it, Andy Shekman has offered to match your purchase price as a donation to the Brighton University platform, so we deeply appreciate that.
That will help us create more documentaries on other topics.
So folks, it is coming down to the wire.
If you want to get into real assets, real money, real wealth, Gold and silver is where to go.
I strongly advise you, although I'm not your financial advisor, as a disclaimer, I can't tell you what to do with your money.
You do your own research.
Talk to your own experts.
Make your own decisions.
But whatever you do, I strongly encourage you, do it before the election.
Because after the election, We don't know what's going to pop off in this country.
Frankly, I would say do it before October 7th, because that anniversary date could see a lot of disruptions in this country as well, according to intel sources that I've also interviewed.
So it's time for all of us to get moving.
It's kind of like that window of opportunity is rapidly closing.
So, thank you for all your support.
Again, brightyou.com is the website to go to to sign up for this financial survival series, which begins streaming on October 12th.
Until then, everybody, take care.
I'm Mike Adams of brighteon.com.
As you know, we are headed into some very dangerous times right now.
The election coming up, you're seeing escalation of war around the world, you're seeing more violence in America, you're seeing war by these gangs like Tren de Aragua.
Well, the state of Texas has just declared war on this foreign terrorist organization that has been taking over buildings in America.
We've also got now a .5 rate cut by the Central Bank, the Federal Reserve.
This is going to cause more inflation.
It's going to cause more cheap money to flood into the system.
You're going to see more food inflation and you're going to see devaluation of the dollar rapidly over the next several months, especially as the government keeps printing trillions of dollars.
Right now is the best time to trade dollars for things that will hold value and things that can help you prepare for what's coming.
So here at HealthRangerStore.com, well, I'm going to give you several different solutions here, but HealthRangerStore.com, we've got some really strong solutions for you that are never going to be less expensive than they are right now.
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And, of course, your purchases help support this network, our interviews, our infrastructure, brightown.com, brightown.io, which is the decentralized social media network, brightown.social, and so much more.
Now, for the fact that the dollar is going to continue to erode in its value, we've got gold and silver options for you that really make a difference.
This is a big deal.
Let me show you a couple of things.
If you go to verifiedgoldbacks.com, you can see that we have lab-tested goldbacks, or a link to the goldback company there, and we share all the lab testing reports right there.
These have physical gold in them.
The 50 has 51 thousandths of an ounce of gold, the 1 has 1 one thousandth, and this is the testing.
We used a kiln, we melted it down, we dissolved it, we did ICPMS mass spec testing, and also acid stone testing, and we verified the mass and the purity, everything.
We show you all the results on this website.
Here I've got, I've been collecting this, so I've got some stacks of goldbacks right here.
See, this is nice to have in a collapse because everybody loves gold, and everybody loves goldbacks because it puts gold in a format that is very easy to see.
You're actually looking at the gold.
When you look at this, you're seeing the gold inside the layers of polymer.
There's a polymer laminate there that makes it very durable, but inside that is the actual physical gold, and if you were to melt this down, you would get a thin gold foil.
Now, that's just one option for very divisible gold.
We also have this as highly divisible silver.
These are called prepper bars, and as you can see here, these pieces break away into parts, smaller parts, like each one of these is one-tenth of an ounce of silver.
So right there, you see the bigger chunks.
Those are a quarter ounce each.
The really small chunks on the bottom, those are one, I believe those are one twentieth of an ounce.
Overall, the entire bar is about two ounces and you can get them in stacks like this.
And they are made in the USA.
They're beautiful.
They're labeled with how many grams are on each piece right there.
So you can use these for trade and barter.
And this is, of course, real physical Silver with very high silver purity that's labeled.
So these are options for divisible precious metals.
You can also go to metalswithmike.com and there's my photo from like 15 years ago.
This is with the Treasure Island Company and this is where you can request to talk with them or you can just check out their real-time prices here on their website and they're very competitive.
They offer The universal mints, you know, the recognized mints, gold and silver coins, and also constitutional silver or so-called junk silver coins.
You can get those through Treasure Island.
These are all either affiliates or sponsors of our show.
And we only work with them because they are trustworthy and they have kept their word.
They provide secure, discreet, guaranteed delivery.
They do what they say they're going to do.
And when we test their products, the tests always pass.
In other words, they have what they say that they have.
So the dollar is going to accelerate its decline.
And if you look at gold and silver right now, Let's bring up Kitco.com.
What is gold today?
Alright, here it is.
Gold at about $2,550.
It briefly went over $2,600 and it came down shortly, but gold is trending massively higher.
It was barely over $2,000 two years ago.
February of 2022, when Russia first invaded Ukraine there, the Donbass region, gold just peaked over, I think, $2,050.
Now, it's over $2,500, and it's headed into, I mean, who knows how high gold is going to go.
It's not about speculation.
It's not about having more dollars for your gold.
It's about having more ounces of gold, because dollars are going to be history.
It'll happen over time, not instantly, but the dollar is being destroyed by money printing, hyperinflation is coming to the West, and people who have gold and silver in various formats, gold coins, silver coins, gold backs, silver bars, prepper bars, all these different formats, these are the people who are going to have assets that still count.
When the currency collapses and back to our products, healthrangerstore.com, these products are not going to get any cheaper.
The supply chain is becoming more difficult, more expensive.
You can stockpile these items and we have many, many storable food items online at our store right now, healthrangerstore.com.
Many storable foods.
You can stock up now on freeze-dried apples and bananas and blueberries and these have an extremely long shelf life.
These number 10 cans are practically rodent proof.
They're easy to store.
They're easy to transport.
We've got fruits and vegetables and superfoods and miso and microalgae and so much more, either in number 10 cans or in pouches.
And by the way, most storable food products out there, you know, kind of the low-cost kits where you buy a one-year supply for X number of dollars, you know what they're lacking?
They're lacking real nutrition in terms of fruits and vegetables, especially the lacking in vitamin C. You know, they can throw in a lot of calories with sugar or with textured, you know, vegetable protein or whatever, I don't know about you, but I don't consider that to be food.
I mean, I want to eat real food and not just barely survive on processed crap, you know, with salt and sugar in it.
If you want real food for the times that are coming, go to healthrangerstore.com and you'll be supporting us at the same time that you are preparing yourself.
And we thank you for all the support that you've given us over the years.
And by the way, go to rangerdeals.com, let me bring it up, rangerdeals.com, and this shows you, it gives you links to what I've mentioned here.
Here's the prepper bars, here's verified goldbacks, here's above phone, which is de-googled phones.
Kind of a good time to think about getting a phone that probably won't explode on you when your government remotely detonates it, right?
So, do you trust your phone?
You want to get a de-googled phone?
This is the company above phone.
You can save $50 with this discount code right here.
You can get satellite phones for emergency backup communications.
You've got to connect a mobile to defend your privacy with a service that replaces AT&T or T-Mobile.
Here you go.
We've got 10% off holsters, the best holsters in the world that don't break.
I know that because I've been using them now for well over a year and they don't break.
We've got body armor where legal.
We've got Treasure Island.
Here's the body armor here.
Treasure Island coins and precious metals.
This is Shield Arms that has legal arm brace folding AR pistols.
And much more custom Glocks.
I mean, that's what I carry.
So check out ranger deals.com.
Get yourself prepared.
You will thank yourself based on what's coming.
Times are incredibly risky, dangerous chaos is coming.
We are, you know, a little over a month out from the election at this point.
And who knows what's going to happen before, during, or after the election.
But I'm not counting on there being, you know, peace and quiet.
We're going to prepare for a collapse of the dollar.
We're going to prepare for social or civil unrest out there, probably by the radical leftists.
We're going to prepare nutritionally in case there are disruptions in the food supply.
And I also encourage people to stock up on natural medicine.
Because what's going to happen when if there's a bank collapse or if there are disruptions in the supply chain, you can't get the products that you need.
We are in the most dangerous times of our lifetime right now.
And this window is going to continue for many months to come.
So get ready and help support us.
HealthRangerStore.com and RangerDeals.com.
I'm Mike Adams, the Health Ranger.
Thank you for your support.
God bless each and every one of you.
God bless America.
And join me in praying for peace and praying for the restoration of our constitutional republic.
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