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Feb. 18, 2025 - Health Ranger - Mike Adams

02:04:54

BBN, Feb 18, 2025 – Historic J6 restitution $50 billion lawsuit...

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	Welcome to Brighteon Broadcast News with Mike Adams, the Health Ranger.
	Okay, welcome to Brighteon Broadcast News for Tuesday, February 18th, 2025. And later today, this is when we are launching the new film free, free streaming on Brighteon.com called Unpacking the Lies that We've Been Fed.
	It's a film by Ty and Charlene Bollinger from The Truth About Cancer.
	They invited me to participate in the film.
	As kind of a last-minute invite, which I was happy to say yes to, so I filmed the last-minute interview.
	We got it into the film.
	I wrote the song, which I played for you yesterday.
	I'll play it again today with a music video.
	And you're going to love the film, and it's free.
	So, hey, what's not to like?
	I'm told that's going to go live at 7 p.m.
	Eastern today, and that's going to be at brighttown.com.
	There'll be a banner up top.
	Just click the banner.
	That'll take you right to the film play page, and there you'll be able to watch the full film.
	And again, this film was meticulously pieced together numerous interviews and clips and historical news footage and so on.
	It talks about Edward Bernays and the psyops and how the food companies and the drug companies convinced people to buy things that were going to kill them, basically, you know, and the pesticide companies and so on.
	And clips of RFK Jr. are featured in the film.
	I don't believe RFK was interviewed specifically for the film, but a lot of clips of things that he has said are included in the film, including some of his Senate testimony or actually his Senate trials.
	It seems like it was a trial by fire, right, in front of the Senate during the confirmation process.
	So all that's going to be available again at brighteon.com.
	And I will play the music video for you here again shortly.
	And already got a lot of positive feedback about that music video.
	Including, I'm told that RFK Jr. saw the music video and loved it.
	And that's all we hope for, you know?
	Get the word out, spread the truth, help people get healthier, etc.
	Alright, I posted an update.
	I want to give you a little more detail of an update about our AI model.
	This, it is going to be slightly delayed, not crazy delayed.
	But I know a lot of people are anticipating our model, which is called ENOC. And I posted a little bit more of a detailed update, and here it is.
	Our ENOC AI model will be given to the world free of charge, open source, and open weights.
	It's trained on nutrition and wellness content, food production, etc., which is now in strong alignment with the head of HHS, who is RFK Jr. On
	natural medicine, organic food production, self-reliance, disease prevention, and similar topics.
	And for the techies out there, we are not simply doing fine-tuning of AI models.
	We are doing full-domain adaptation and testing it against various base models, including reasoning models.
	This includes testing on DeepSeek and OpenThinker, among others.
	When we release it, you'll be able to download and run it locally for free, and it's completely non-commercial with no ads, no surveillance, etc.
	You can run it completely offline.
	The generous license allows unlimited personal and commercial use.
	It will help if you have a capable NVIDIA GPU running on your local computer.
	The site to visit to be alerted upon the model release is brighteon.ai.
	Again, slight delay, so it won't be March 1st, but still March, it looks like.
	So, just wanted to put that out there, and I've been, you know, working feverishly with my tech team on this, and...
	The hard part about building AI is that everything changes every day.
	It's like you're building your data set on one model, and then the news comes out, oh, there's this other model that's even better, like OpenThinker just came out.
	And then you're like, well, let's look at OpenThinker.
	And it turns out that that's a reasoning model that was able to create spontaneous reasoning based on only 114,000...
	Fine-tuning question pairs.
	And you're like, whoa, that's crazy because DeepSeek used $800,000.
	But OpenThinker uses only $114,000.
	So that means we could give it reasoning capabilities for like one-seventh or one-eighth the compute cost.
	And so it's so strange to be building in this space because even when you're like halfway done building something, you realize that You need to start over because the thing that just came out is way better and costs half as much to build on.
	So it's actually hard to...
	It's difficult to know when to commit to a specific model and just follow it all the way through.
	But since we're running out of time, we're going to have to do that.
	The thing that I know for sure is that we'll be releasing multiple models this year because the state of the art is advancing so quickly.
	And clearly, many, many companies are committed to open source models.
	So as a result, we have this incredible data set.
	And really, as I mentioned yesterday, Enoch is the name of the data set.
	The data set can be applied to any base model.
	So if Mistral comes out with a new model, or if DeepSeek comes out with a new model, or Llama, or whatever, we can apply the data set to those new models.
	Or a way to say that would be, You're kind of, you're adapting the model to your knowledge set.
	But there's always a trace of the original model.
	I mean, more than a trace.
	There's kind of the original behavior of the original model that's still there.
	And sometimes some of the guardrails of the original models as well.
	And, you know, of course there's been a strong pro-pharma bias that's been in all the Western models, including Lama and Mistral.
	Anything from Google, obviously, anything from OpenAI, all pro-pharma.
	So that's a big part of what we are, of course, trying to avoid.
	Our goal has been, and we've identified this, is to find base models that are neutral on the topics that we're training on and then to give them additional knowledge with our domain adaptation based on our data set, which is extraordinary.
	So a lot of good stuff coming.
	Just stay tuned.
	I'll keep you posted.
	And I just want you to know we are 100% committed to, of course, this model is going to be free.
	It's going to be open source.
	You'll be able to run it locally.
	You don't have to run it in the cloud.
	You don't have to access any website.
	You don't have to pay anything.
	You don't have to license anything.
	I mean, you don't have to pay a subscription or anything like that.
	And it doesn't have any ads.
	It's not even possible to have ads.
	It's just free.
	It's free for humanity because I want humanity to be free.
	Make sense?
	This is the knowledge that can help set humanity free, and that's why we're doing this.
	So thank you for all your support over all these years that brought us to this point to be able to even do this.
	I'm humbled by it.
	It's an honor to be able to do this.
	All right, now I want to give major kudos to Vice President J.D. Vance because J.D. Vance recently went to Europe and he mopped the floor.
	With the European leaders for all their censorship and all their culture wars and their wokeism.
	This was at the Munich Security Conference.
	And let me read for you from an article from Free West Media that describes this really well.
	I don't know if this is Paul Craig Roberts, the author of this.
	I think it is.
	It says that for 20 minutes, the vice president upbraided the assembled gray-faced dignitaries, that's the European leaders, over their backsliding from the virtues of enlightenment.
	He lamented the retreat of Europe from some of its most fundamental values, and he invited us to rediscover the blessings of liberty.
	Vance, quote, shocked delegates with his blast at Europe, according to the wailing babies at the BBC.
	It was on the subject of liberty that he issued his most stinging rebukes, quote, Quote, free speech, I fear, is in retreat.
	And he recounted Europe's recent acts of nutty censorship.
	He reminded his audience that German cops raided the homes of citizens suspected of posting anti-feminist comments online.
	The old Stasi felt your collar if you criticize the Stalinist betters.
	The new one comes a-knockin' if you mock PC. So, great job, J.D. Vance.
	He's done a great job here.
	And frankly, the European leaders, they practically cried after this.
	Just about cried.
	And they need to be slapped down for all the insanity that they're pushing, the extreme censorship, and the extreme demands for obedience.
	And I've got a new song coming out soon called Do What We Say, which is really about COVID obedience, but I think it also would apply to the European leaders who are just so full of themselves, they're so drunk with their own power, that we absolutely need a revolution of liberty across Western Europe.
	So I hope that that happens.
	And of course, I hope it's peaceful.
	I don't know that it will be, but I hope it happens.
	The EU leaders who are all unelected bureaucrats, they need to be completely removed from power and...
	The leaders of the UK and Romania and Germany and France and the list goes on.
	They all need to be removed.
	They are horrible people who hate their own citizens and they hate liberty.
	They are opposed to everything that's important to modern civilization.
	So anyway, J.D. Vance did a great job right there.
	As you know, I'm...
	I'm brutally honest with my assessment of Vance and Trump, and when they do good things, I will say so.
	And when they do horrible, crazy things, I will also say so.
	Like, I don't know what Trump is doing with Israel or Gaza or the Middle East.
	Honestly, I can't quite keep track of it, but the things I hear sound crazy.
	So I'm kind of watching that to see what shakes out.
	I don't yet understand exactly.
	I do know that Trump...
	He's no fan of Netanyahu, and Netanyahu's got to go.
	But I also know that Trump is very loyal to Israel, and he did unleash the 2,000-pound bombs that Israel will not use for any ethical use, obviously.
	And Trump is talking about rebuilding Gaza, but not with the Palestinians.
	I'm like, who's going to remove them all?
	And how is that okay?
	I have big, big questions, but at the moment it's a little confusing what's going on there, so I don't quite have a conclusion in that area.
	Where I do have a lot more clarity right now is about Europe and what's happening with Russia and Ukraine, and right now the diplomats from the United States and Russia are meeting in Saudi Arabia to discuss some kind of conclusion of the conflict between Russia and Ukraine,
	which is really with NATO. My assessment of this meeting is that Trump may be coming into this with excessive confidence in U.S. leverage.
	And I have a feeling that he may be surprised when Russia says no.
	Russia is actually in the driver's seat in this situation right now, at least as best I can tell.
	I don't believe that Trump has a lot of leverage in this situation, and I suppose we're going to find that out.
	Now, Zelensky, for his part, is making everything worse, which he's really good at doing that.
	His nickname has become the Green Goblin because he always wears green as if he just came from battle or something, like he's wearing green fatigues all the time, which makes no sense whatsoever.
	There was a story in the New York Post.
	Trump demands 50% of Ukraine's revenues from critical minerals, oil and gas, ports and infrastructure.
	And apparently Trump's team demanded from Zelensky 50% of all this stuff as a way to repay the United States for the reported $350 billion in aid that the U.S. has committed to Ukraine.
	You know, Trump has said, look, we've got to get paid back.
	Ukraine's minerals would be one of the ways to do that.
	In the media, it says that Zelensky was given one hour to agree to those terms, and apparently he did not agree.
	So I think Zelensky told Trump to go pound sand, and that's not going to go well for Zelensky, I would imagine.
	But Trump wants the money back.
	The other weird thing about that is that a lot of that money didn't even really go to Ukraine.
	So out of the...
	I mean, I'm guessing it's $350 billion.
	Actually, that sounds high to me, but that's what I saw in the press.
	I thought it was $120 billion or something like that.
	Whatever it is.
	Seems to me like the vast majority of that money went to U.S. weapons manufacturers and then the money that actually made it to Zelensky, I would imagine at least half of that...
	It had to be filtered back, laundered back, you know, as kickbacks to U.S. senators and State Department officials and decision makers in the Biden regime, who are all corrupt, crooks, obviously.
	And so if there was, let's say, if there was $120 billion earmarked for Ukraine, but half went to the military, that's $60 billion, or the weapons companies, and then out of the other $60 billion, half of that was kickbacks, which would be $30 billion.
	That leaves $30 billion.
	And I'm just guessing, this is a wild guess, but I'm guessing that Zelensky had maybe $30 billion to play with, to use for whatever, buying mansions or cocaine, or maybe some of it actually went to the soldiers.
	I have no idea.
	But whatever that number is, if it's $30 billion or $50 billion or even $75 billion, it's not $500 billion.
	It's not even...
	$300 billion.
	And Trump is demanding hundreds of billions of dollars in minerals from Ukraine, but Ukraine actually did not receive hundreds of billions of dollars.
	You see what I'm saying?
	It kind of seems like an overzealous demand.
	I mean, I know you could say, well, the money went to U.S. weapons companies on behalf of Ukraine.
	I mean...
	Yeah, kind of.
	And then those weapons, some of them got shipped to Ukraine, but a lot of those weapons have not been shipped to Ukraine, and they're not being shipped to Ukraine.
	They're actually just being manufactured and stockpiled in the U.S. at the moment.
	So obviously the accounting of all this is super wishy-washy, and it's never going to be audited.
	Even Doge wouldn't have a chance.
	If Doge went in there, they'd just throw up their hands in despair.
	Like, we have no idea where the money went, you know?
	Helicopter money.
	They were shooting it out of artillery cannons or whatever.
	The money just vanished.
	It's gone.
	Well, technically, a lot of that money probably ended up either in cocaine, crypto, or gold bars, is my guess, or maybe real estate, luxury real estate, certain places around the world.
	But I don't think that Ukraine owes America $300 billion or $500 billion.
	I think that's asking too much, and maybe that's why Zelensky said no.
	Ukraine is going to not be happy with whatever end to this conflict is coming.
	Because Trump is negotiating not in the interest of Ukraine.
	Rather, Trump is negotiating in the interest of America.
	And America's interests are not the same as Ukraine's interests.
	America's interests are to end the war and start doing business with Russia.
	Yes, and that's not Ukraine's interest.
	And America's interest is to get rid of Zelensky and get some stable government in charge there in power in Ukraine as quickly as possible.
	Zelensky wants to maintain his dictatorship as long as possible and have no elections and have martial law and total control over the press, etc.
	Well, that's not going to last very long.
	Those days are just about done.
	And thank God, because the people of Ukraine deserve better than Zelensky, as far as I'm concerned.
	And the people of Ukraine, all the families, all the just...
	You know, the citizens, the workers, the people there who have survived this three years of hell, they deserve better than Zelensky.
	They deserve their country back.
	They deserve peace.
	They deserve their democracy.
	They deserve elections.
	They deserve freedom of speech, etc.
	And hopefully Trump will be able to arrive at some kind of deal that puts Ukraine on the path to achieving those things.
	So I'm praying for the people of Ukraine, rooting for them.
	To end the conflict, end the violence, and obviously I'm always rooting for peace.
	Now, let's move over to Taiwan and China because the U.S. State Department removed some verbiage from its website that previously had stated that Taiwan is essentially just owned by China or it's a territory of China.
	Well, that's been removed from the State Department website.
	And, of course, China is flipping out because China is highly, highly sensitive about Taiwan independence, obviously.
	They never want Taiwan to be recognized by any other country in the world.
	And currently, there are only a few countries that even recognize Taiwan.
	They're basically paid by Taiwan to recognize Taiwan as the legit China rather than mainland China.
	And I don't even know what countries those are.
	I think there's one in South America.
	Maybe it's Bolivia or something.
	And there's one nation in Africa that nobody's ever heard of.
	Or maybe it's Chad or something.
	I don't know.
	There's a couple of countries in the world that don't matter to anybody that recognize Taiwan.
	But here's the question.
	I mean, I love Taiwan.
	So, you know, I used to live there, right?
	I love the Taiwan people.
	That's where I learned to speak Chinese.
	I lived in Taipei.
	I lived in Taichung.
	I love the Taiwan people.
	They're amazing people.
	And they also deserve peace, just like the people of Ukraine.
	And I'm wondering if Trump is getting ready to recognize Taiwan's independence because it's very clear that Trump is gearing up to have a big, big pushback against China.
	What Trump wants is for Russia to become allies of the United States.
	Trump wants to end conflict with Ukraine.
	Trump wants to probably just...
	Like, make the Middle East problem go away in the fastest way possible, I would imagine.
	To him, it's probably just a big annoyance, you know?
	But where Trump really wants to focus, this is my guess, is opposing China, or maybe opposing is not even the right word, but beating China.
	And how do you beat China?
	Well, you would have to unleash real economic growth in America.
	You'd have to unleash domestic energy.
	You would have to unleash technology.
	You've got to make America competitive in the STEM areas, math and science and engineering, and you've got to have open-source AI models available.
	You've got to have advanced robotics and advanced space-age materials and heavy-lift rockets, which Tesla or Elon Musk, SpaceX is already leading in that area, so that's something.
	But America has fallen behind in all of these areas, especially AI and also quantum computing.
	So Trump, if he's wise about this, and I think he's got this straight, he realizes we can't blow money on war.
	We can't just keep sending money to Ukraine or even to Israel, although I'm sure he will send money to Israel.
	The overall concept is you can't just keep blowing money on war.
	What you need to do is you need to redirect that money into R&D. You need to build superintelligence.
	You need to build advanced computing systems.
	And he did announce that, what do you call it, Stargate project?
	Half a trillion dollars investment in data centers in Texas in order to build advanced AI systems.
	So, I mean, that shows you right there that Trump is trying to pivot.
	He is trying to, in his own way, make America more advanced in technology, although I completely disagree with that particular project because I don't trust Larry Ellison.
	Mr. mRNA will surveil everybody with AI. That's his dream.
	I don't trust Larry Ellison.
	I don't trust Oracle, and I don't trust OpenAI.
	I don't trust any of those companies.
	I think AI should be...
	I'm all about the open source movement.
	And that's why our model is also contributing via open source to the knowledge base and the AI base of humanity.
	But I think Trump has made a big mistake there, funneling half a trillion dollars into the hands of these companies that, let's face it, they're evil, right?
	They're just evil companies run by dishonest, unethical people.
	And that's not going to make America competitive.
	I would say that what Trump needs to do, I mean, if you want to throw some money around, you know, put it in the hands of people who have proven that they are decentralized, independent innovators and builders and creators.
	And yes, I include myself on that list.
	I've proven it.
	I build platforms.
	I build technology.
	Give it away.
	to the public for free, but there are a lot of other people.
	There are a lot of small businesses.
	There are a lot of entrepreneurs.
	There are a lot of really ingenious people in this country who can build amazing things if they just had a little bit of help.
	Now, fortunately, we've got funding because of your support, and thank you for that support.
	Shop at healthrangerstore.com to support us and check out all of our laboratory-tested foods and superfoods, storable foods, nutritional supplements.
	Really clean personal care products.
	Everything's lab tested.
	It's an extraordinary collection of products, so thank you for your support.
	But honestly, most people who are the entrepreneurs and the inventors in this country, they do not have access to much money.
	Not at all.
	And the VC funds, they tend to give money to projects that are only about making money and not really about building the future.
	Sometimes those goals coincide.
	Sometimes making money in a project is aligned with building a better future, but not always.
	And if your focus is just profit, you're not going to build the kinds of systems that humanity needs to prosper and to be free, in my opinion.
	So I think handing over $500 billion to OpenAI and Oracle is a horrible mistake.
	We should...
	If you're going to give the money out, decentralize it, put it into the hands of a whole lot of other people, smaller inventors and entrepreneurs, etc., or just have a grant program or something where people can apply for some generous grants to build amazing things.
	Now, would I take government money to scale up our AI project?
	I don't know.
	Nobody's made that offer.
	I would consider it, but I'm not waiting around for it.
	I'm going to be doing it anyway.
	Just with our own money, thanks to your support.
	So, that's my attitude.
	I don't wait around for government money.
	I just start building.
	Okay, now, switching subject matter here.
	We've got a post from Jake Lang, January 6th political prisoner.
	Says, Federal Watchdog, that's a user on Twitter, will be filing a $50 billion January 6th restitution lawsuit this month.
	There are over 600 J6ers who have joined the lawsuit, and there's a website for that I want to mention.
	It's called j6restitution.com.
	We're going to be covering this also at naturalnews.com.
	This is newsworthy, and Jake Lang says, quote, we are coming for everything the deep state took from us.
	Make accountability great again.
	I completely agree with this effort.
	And, you know, this lawsuit is going to be really interesting.
	I don't know what it's going to be based on, violations of civil rights or violations of due process or whatever.
	I mean, ultimately the charge against the federal government should be that the government acted like a bunch of terrorists.
	That's what they did.
	And frankly, that's been observed in almost every federal agency from the...
	ATF and the DEA, EPA, CDC, obviously, FDA, IRS, you know, on and on, and the DOJ under Biden.
	Now, of course, it's a different government now.
	It's the Trump administration.
	Yes, the deep state is still there, but, you know, Doge is firing a bunch of them, like, by the hundreds of thousands, which is great.
	Keep going.
	That needs to be millions, as far as I'm concerned.
	I think, this is just my suggestion, I think that when this lawsuit is filed, I think the DOJ, the Trump administration, should sit down and negotiate with the J6 prisoners and come up with a reasonable restitution settlement.
	Because there's no need to drag these people through court again and have them cross-examined again.
	Imagine the trauma of it.
	They've already been terrorized once.
	I mean, for years in some cases.
	Many of these people have been tortured in the D.C. jails.
	And they can probably name their jailers, their captors, who carried out that torture.
	And so there probably need to be criminal prosecutions of many of the people involved in this conspiracy against the J6 peaceful protesters.
	Number one, there are probably guilty people in the Capitol Police, guilty people in Congress.
	Somebody needs to look at Mike Pence and Nancy Pelosi, etc.
	And there are probably traitors inside the Secret Service.
	In fact, I'm certain of it.
	Not all of them, but some, right?
	And some of them are probably complicit in the attempted assassination of Trump in Butler, Pennsylvania, as well.
	Nevertheless, I think Trump should sit down and make an offer and say, look, we want to settle this case for all of you.
	Maybe different dollar amounts based on how many days somebody spent in a D.C. jail for being a peaceful protester.
	And I'm just curious, what do you think that formula should be?
	I'm saying it should be based on how many days.
	And how much should one day of suffering in a D.C. jail, how much is that worth?
	What's the compensation of that?
	It's not just...
	The day.
	It's not just lost wages.
	It's also the fear, the torture, not knowing if you'll ever be free, not knowing if Trump could even win the election, if you would even ever achieve freedom.
	They might lock you up for the rest of your life.
	What does that fear feel like?
	It's also the lost time with family.
	It's the reputation damage.
	It's having a felony on your record.
	It's...
	The torture that forced you to admit to being guilty to something you did not do.
	There's psychological torture, and there's physical torture, and there's emotional torture involved in all of this.
	And surely, you know, the J6 prisoners themselves can describe this in great detail because they endured it.
	And I'm wondering what the daily compensation rate should be.
	So I'm just going to propose a number, and I think that number is $10,000 a day for every day that you were incarcerated as a J6 political prisoner.
	Even if you did a little bit of damage to the building, I mean, the whole thing was a trap.
	Even if you stole the podium or whatever, who cares?
	Nobody cares.
	$10,000 a day.
	That's what I'm saying.
	So in other words, if you were...
	incarcerated for just 30 days, you should get a check from the government for $300,000.
	90 days, $900,000.
	One full year, $3.6 million.
	And it should be tax-free.
	No federal taxes whatsoever on that money.
	So that's my suggestion.
	$10,000 a day, tax-free.
	And even then, it can't compensate for what these people have been through.
	The real way to help America heal is to not only compensate the J6 political prisoners, the hostages, as Trump called them, but to criminally prosecute the Democrats and the deep staters that were responsible for carrying that out.
	We need, in order to heal as a nation, we need criminal prosecutions of thousands of bad faith actors and operatives and criminals, most of whom have a D next to their name.
	who rigged elections who There are criminals who need to be arrested inside the FBI. There are criminals inside the FDA, the NIH, the NIAID. Fauci, in my opinion, is one of those who needs to be criminally prosecuted.
	So you want to help America heal?
	That's the way to do it.
	And as much as I'm not in favor of government spending and money printing, These J6 political prisoners, we have to make an exception for them because they've been put through absolute hell.
	They deserve, in my opinion, $10,000 for every day that they were incarcerated.
	Now, I've got a book review video for you today that you'll love.
	It's by Jonathan Ebert, the attorney, the FDA dragon slayer.
	So this book is called The Rise of Tyranny, and it's a great book, and it talks about the overarching power of the bureaucracy and how federal agencies like the FDA create their own fiefdoms by essentially writing their own law.
	And the EPA did this and got totally out of control.
	And of course, I think it was last year, then the courts ruled against what was called Chevron deference.
	Which was a harsh rebuke of the EPA's overreach, where the EPA tried to declare that carbon dioxide was a pollutant, and the EPA declared that it could regulate combustion engines.
	The courts were like, what are you doing?
	This has nothing to do with the reason you were created.
	It's supposed to be to stop pollution of the rivers and the soils.
	Industrial waste dumping in school playgrounds and things like that.
	It's not about banning engines.
	So check out this book video, The Rise of Tyranny by Jonathan E. Mord.
	And this is one of many such videos that you can find at brightlearn.ai.
	The website again, brightlearn.ai.
	Check this out.
	The Rise of Tyranny by Jonathan W. E. Mord.
	Today we're embarking on a journey through the corridors of power.
	Exploring a concept that lies at the very heart of American democracy, the separation of powers.
	This principle, championed by the Founding Fathers and inspired by the Enlightenment philosopher Montesquieu, was designed to be the cornerstone of our liberty.
	But as we'll discover, its integrity is under threat like never before.
	The Founding Fathers were deeply influenced by Montesquieu's ideas.
	In Federalist No.
	47, James Madison referred to Montesquieu as the Oracle.
	On the subject of separation of powers, highlighting just how revered he was among the framers of the Constitution.
	The Continental Congress, in its efforts to rally Canadian support against the British Crown in 1774, invoked Montesquieu's name, linking liberty directly to the separation of powers.
	The people of Boston, in their instructions to their representatives in 1776, echoed this sentiment, emphasizing the importance of keeping the legislative, judicial, and executive branches independent to prevent tyranny.
	Montesquieu's Spirit of the Laws is a clarion call against the concentration of power.
	He warned that when legislative and executive powers are united in the same person or body, liberty is lost.
	The same goes for the judiciary.
	If it's not separate, the judge becomes both legislator and enforcer, leading to arbitrary power.
	John Adams, in his Thoughts on Government, echoed this fear.
	The warnings against the concentration of power are a recurring theme in the writings of the Founders.
	Thomas Jefferson anticipated that the U.S. government might one day devolve into tyranny by concentrating power in a single entity.
	Madison, in Federalist No.
	48, agreed.
	The Founders believed that political power, when concentrated, was a direct path to abuse and corruption.
	The Constitution was crafted to prevent such concentrations of power.
	It vests governing powers in three separate branches and creates a system of checks and balances.
	For instance, the president can veto congressional bills, but Congress can override that veto with a two-thirds vote.
	The judiciary has the power of judicial review, but Congress can determine the scope of that jurisdiction.
	The president is the commander-in-chief, but Congress has the power to declare war and control war funding.
	Despite these safeguards, the founders' fears are becoming a reality.
	The Constitution and the Bill of Rights are no longer effective barriers against despotic governments or violations of liberties.
	The federal courts, once a bastion of power to enforce the non-delegation and separation of powers doctrines, have largely abdicated this role since the 1984 Chevron decision, which gave agencies broad deference in interpreting their own authority.
	Since the 1960s, Congress has increasingly delegated lawmaking power to administrative agencies, particularly in areas fraught with controversy.
	This transfer of power allows legislators to avoid accountability for unpopular decisions, deflecting blame to the agencies.
	The result is a system where the lawmaking power, constitutionally vested in an elected Congress, is often exercised by unelected agency heads.
	Delegation allows legislators to claim credit for benefits promised by regulations while escaping blame for the burdens imposed.
	This undermines democratic accountability and the safeguards of liberty provided by Article I of the Constitution.
	As David Schoenbrod explains, delegation severs the link between the legislators' vote and the law, making it difficult for the public to hold elected officials accountable.
	The New Deal era marked a significant shift in the balance of power.
	President Roosevelt's efforts to transfer power to administrative agencies were initially struck down by the Supreme Court.
	However, the switch in time that saved nine saw the court uphold New Deal legislation, effectively ending the non-delegation doctrine as a constitutional safeguard.
	Since the 1940s, the administrative state has grown exponentially, with over 180 federal regulatory agencies and commissions now wielding vast powers.
	These agencies regulate nearly every aspect of American life, from the air we breathe to the drugs we take.
	The lawmaking power, while constitutionally vested in Congress, is in practice often exercised by these unelected bureaucrats.
	Public choice theory developed by James M. Buchanan and Gordon Tulloch helps explain the behavior of agency heads linking their actions to self-interest.
	This self-interest becomes particularly dangerous when agencies are captured by the industries they regulate.
	The prospect of lucrative post-government positions in the regulated industry incentivizes agency heads to issue decisions favoring industry players, often at the expense of the public.
	The economic theory of regulation, or industry capture, explains how private firms manipulate regulations to benefit themselves financially.
	This rent-seeking behavior promotes market concentration, leading to higher prices, stifled innovation, reduced economic opportunity, and fewer consumer choices.
	The pharmaceutical industry, for example, has mastered the art of rent-seeking, and has been a part of the industry.
	using its influence to shape regulations and secure monopoly protections.
	The FDA, meant to protect public health, has become a prime example of industry capture.
	The agency's decisions are often influenced by the pharmaceutical industry, leading to the approval of unsafe drugs and the suppression of scientific dissent.
	Whistleblowers have exposed the agency's culture of intimidation and retaliation against those who raise safety concerns.
	The approval of unsafe drugs like Redux, Razulin, Avandia, and Vioxx has had devastating consequences, causing thousands of deaths and injuries.
	These cases highlight the FDA's failure to protect the public and its tendency to prioritize industry interests over safety.
	The agency has maintained an absolute prior restraint on the communication of truthful nutrient disease relationship information for decades.
	This censorship deprives consumers of vital information that could help them make informed choices about their health.
	Legal challenges to FDA censorship have met with mixed success.
	While the courts have occasionally ruled against the agency, We need
	We need fundamental reforms to restore the separation of powers, prevent industry capture, and protect the public from unsafe drugs and censorship.
	As we've seen, the separation of powers is not just a theoretical concept, but a vital safeguard for our liberty.
	The Founders understood this, and so must we.
	The future of our democracy depends on our willingness to confront these challenges and demand the reforms necessary to restore the balance of power.
	Thank you for joining me on this journey.
	Until next time, keep learning, keep questioning, and keep fighting for a better world.
	Visit brightlearn.ai for more fascinating videos like this one and naturalnews.com for full editorial coverage and breaking news on critical stories that keep you informed and aware of what's really going on. Okay, now welcome back.
	There's another book video I need to play for you today.
	And it's a book that's a couple of years old, written by Greg Jarrett.
	It's called Russia Hoax, The Russia Hoax.
	The illicit scheme to clear Hillary Clinton and frame Donald Trump.
	And this gets back to really the shenanigans that happened in the 2016 election and Trump's first term.
	Now the reason this is relevant is we all need to be reminded of what happened then.
	Because now we need to call for the arrests of the deep state operators that carried out the Russia hoax.
	But it's been eight years.
	And a lot of us have forgotten some of the details.
	So check out this book video.
	Also from brightlearn.ai.
	And this will remind you why so many of these deep staters need to be arrested and prosecuted for their crimes.
	Check this out.
	Hello, everyone.
	Today we're taking a journey through a tale that has captivated the nation and raised critical questions about power, justice, and the very fabric of our democracy.
	I'm talking, of course, about...
	The Russia hoax.
	Now I know what you're thinking.
	Haven't we heard enough about Russia and Trump?
	But trust me, this isn't just another rehash of the headlines.
	This is an exploration of a meticulously crafted narrative that has influenced public perception, shaped political discourse, and some argue, even altered the course of history.
	Let's start with the preface of this saga.
	It all begins with a man named James Comey.
	The former FBI director who, in the summer of 2016, launched an investigation into then-candidate Donald Trump.
	But here's the kicker.
	There was no credible evidence to justify this probe.
	Instead, Comey labeled it a counterintelligence matter.
	A clever move that allowed for a covert criminal investigation.
	This, my friends, is what abuse of power looks like.
	For nearly two years...
	The FBI, US intelligence agencies, the mainstream media, and Democrats, led by special counsel Robert Mueller, scoured every corner for evidence of Trump-Russia collusion.
	They were convinced that Trump couldn't have won without some nefarious conspiracy.
	But what they were really doing was searching for a crime that didn't exist.
	Now, let's talk about Hillary Clinton.
	While the FBI was investigating Trump, They were simultaneously clearing Clinton of any wrongdoing in her email scandal.
	Despite clear evidence of mishandling classified information, Comey crafted an exoneration statement before even interviewing key witnesses.
	He even went as far as usurping the authority of the Attorney General to deliver his infamous pronouncement that no charges would be brought against Clinton.
	But here's where things get even more interesting.
	The FBI's investigation into Trump was fueled by a dossier that was secretly funded by the Clinton campaign and compiled by a former British spy.
	This dossier, filled with unverified and salacious allegations, was used as a pretext to spy on a Trump campaign associate.
	The FBI actively hid the fact that Clinton and Democrats had underwritten this document, and they deployed an undercover informant to infiltrate the Trump campaign, Hoping to entrap associates into saying something incriminating.
	As the investigation unfolded, the media ran with the collusion narrative, despite the fact that collusion is not a crime under U.S. law.
	They propagated a story that Trump was undoubtedly guilty of collaborating with Moscow.
	But when the truth began to emerge that collusion was a myth, they shifted their focus to accusations of obstruction of justice.
	Comey once again became the central figure.
	When he was fired as FBI Director, he admitted to taking government memos, which he claimed as his own, to trigger the appointment of a special counsel.
	His testimony before Congress was a master class in manipulation, as he all but accused the President of obstructing justice, even though his memos offered no such allegation.
	The investigation by Mueller's team did result in several indictments.
	But none of them were related to collusion with the Russians.
	The notion that anyone in the Trump campaign had been complicit was dispelled when the indictment of 13 Russians revealed that no Americans knowingly participated.
	To date, no actionable proof of collusion involving Trump has surfaced.
	But the media's miscalculation didn't stop them from fanning the flames of suspicion.
	They argued that any contact with a Russian, even on American soil, was somehow an undefined crime.
	They vilified any chance encounter or casual handshake with a Russian, and they inflated trivial contacts beyond reason.
	As I write this, Comey is on his adoration tour, hawking his book, and pocketing millions of dollars.
	He accuses Trump of being morally unfit, conveniently ignoring that he was all too willing to serve the same president he now condemns.
	His H. Hypocrisy is underscored by the fact that the Justice Department's Inspector General is investigating him for leaking presidential memos and mishandling classified information.
	The tale of the Russia hoax is a labyrinth of intertwined stories.
	It is a cautionary tale of the damage wrought when those in power seek to undermine the very system they are sworn to protect.
	It is a story of abuse, manipulation, and a blatant disregard for the rule of law.
	So, what does this mean for us, the American people?
	It means we must remain vigilant, questioning the narratives presented to us, and demanding transparency and accountability from those in power.
	The greatest peril to democracy today is not a foreign force, but the abuse of power from within.
	Thank you for joining me on this journey through the Russia hoax.
	I hope this episode has shed light on the complexities and controversies surrounding this ongoing saga.
	If you enjoyed this episode, please subscribe, share, and leave a review.
	Until next time, keep learning, keep questioning, and stay curious.
	Visit brightlearn.ai for more fascinating videos like this one and naturalnews.com for full editorial coverage and breaking news on critical stories that keep you informed and aware of what's really going on.
	Okay, now we're going to play the song for you.
	We played it yesterday.
	Just do it one more time here today called Unpacking the Lies That We've Been Fed.
	This is the music video that talks about the new film that is going to be available streaming for free today at brighteon.com beginning at 7 p.m.
	Eastern.
	The trailer and film are also available at unpackthelies.com.
	And I wrote this song to help Really publicize the film and just spread the message a little bit more.
	And as I mentioned yesterday, the very person who edits this broadcast, he's also the one who created the music video for this song.
	And he did such a great job.
	We got already really positive comments from a number of people and also heard that RFK Jr. himself saw it.
	And he really loved the music video.
	Every scene or whatever, but, you know, it's a powerful video, and I think it's strongly aligned with the goals of HHS now, which is to promote better, you know, information and decision-making about wellness and health and nutrition, and let's prevent diseases instead of spending a fortune treating them, and, you know, let's stop the psychiatric drugging of children if we can, please, and let's teach people how to prevent cancer with healthy eating and maybe vitamin D and things like that instead of...
	Spending a fortune treating cancer unsuccessfully, mind you.
	So check out this music video, and as with all my music videos, you can download the mp3 file for free at music.brighteon.com.
	Here it is, unpacking the lies that we've been fed.
	Here it is, unpacking the lies that we've been fed.
	Big Pharma owns the media, a deadly scheme.
	Psych drugs for kids, antidepressants for all.
	Drug companies laughing as we're taking the fall They own the media, they own the schools They push the narratives and treat us like fools We the people have had enough of it Cause Bobby's here to flip the script They target the thoughts inside your head Poisoned profits while we're all misled The corporations think we're better off dead
	Unpacking the lies that we've been fed Unpacking the lies that we've been fed Grabbing the bureaucrats at the FDA Keeping poisoning products, making children pay They censor the truth and silence the facts
	While inoculating everyone that talks jazz Ads on TV, they're selling us dead They want us popping pills till our final breath Edward Bernays running sci-ops for days Killing people till there's no one left They target the thoughts inside your head Poisoned profits while we're all misled The corporations think we're better off dead
	Unpacking the lies that we've been fed Unpacking the lies that we've been fed They censor the cures that could save our youth While they threaten the doctors who told the truth The products cause cancer, they know it's true
	But they're making so much profit while killing you They're killing you They target the thoughts inside your head They target the thoughts inside your head Poisoned profits while we're all misled Misled The corporations think we're better off dead Unpacking the lies that we've been fed
	Unpacking the lies that we've been fed The globalists think we're better off dead The propaganda messing with your head To save yourself, get the truth instead Unpacking the lies that we've been fed Unpacking the lies that we've been fed
	All right, what a podcast.
	powerful video.
	I hope you really enjoyed that.
	I do want to give credit to Suno.
	Suno.com.
	S-U-N-O. That's the AI music generation engine that I use for this song.
	It doesn't do the music video, just to be clear, but it did create the vocals and the instruments.
	But, you know, I'm a musician.
	I've done many, many songs over the years myself.
	I'm a vocalist.
	You know, all that.
	And I know how to write music.
	I know how to do good lyrics.
	And because I'm also building AI engines, it turns out I've just got this combination skill set of AI and music.
	And then when I discovered Suno, I was like, wow, I can own this thing, man.
	I can make Suno do backflips.
	And I did.
	I mean, with this song, it takes a lot of effort to do it well.
	Writing bad music on Suno is easy.
	You can just throw in a prompt or just choose, like, I want rock, and then throw in lyrics.
	Writing bad music is easy.
	Writing good music takes effort, even with a really capable engine like Suno.
	But their engine is amazing if you know what you're doing and if you know how to prompt it correctly with detailed prompts about vocal style, about instrument choices, about...
	Notating the lyrics for the verses and the chorus and the interlude intros and outros and spoken word styles and so on.
	If you know how to do all that, if you're good at prompting, which includes the lyrics, you can make Suno do some pretty amazing things.
	And the other songs I have coming up are also generated with Suno.
	And, you know, Suno doesn't pay me, obviously.
	I'm not, you know, a paid Suno promoter, whatever.
	But I love the fact that it helps decentralize music.
	So I encourage you, check it out, you know?
	Suno.com.
	Check it out.
	You might find that it can help you write music that you want to hear.
	I use it for the Christmas song that we put out, and I use it for Bailout Money, and I use it for Vaccine Zombie.
	I use it for all the songs, and it's great.
	I love listening to music that I've created on Suno.
	It's actually the best music.
	That I want to listen to.
	It's better than anything out of the music industry.
	Music industry doesn't create music that people like us want to hear.
	But with Suno, we can build that music and we can give it away for free, which is what this is all about.
	Just another example of decentralization.
	Wait till there's an engine like Suno for making feature films where you just describe the feature movie that you want.
	I always use the Die Hard example.
	Like, I want Die Hard 3, but a version that doesn't suck.
	Or, no, Die Hard 2 that doesn't suck.
	I think 3 was pretty good.
	That was the Simon Says with Samuel Jackson.
	That wasn't bad.
	Die Hard 2 sucked, right?
	So, I want an engine where I can say, I want Die Hard 2, but make it not suck.
	Actually, that's not the way to prompt it, but you get the idea.
	And then it could just render a whole movie with Bruce Willis and everything, I suppose, if Bruce Willis...
	We're to license his likeness into the AI movies.
	And that's actually a revenue model for actors moving forward is to license their likeness into the AI movie generation models so that if you want a movie starring Bruce Willis, you would pay a little fee.
	Or the company would pay a little fee to Bruce Willis since he's not acting anymore.
	He's got...
	You know, sadly, neurological issues.
	So he's not going to be in any more movies.
	But you could recreate Bruce Willis for a fee.
	You see what I'm saying?
	Or if you didn't mind that it wasn't Bruce Willis, you could say, like, give me just some generic white guy.
	And then there'd just be a generic white guy starring in the movie.
	That wouldn't be as fun.
	Right?
	It's like, if you want a movie with Samuel Jackson in it, you want Samuel freaking Jackson, right?
	You don't want some knockoff version of Samuel Jackson.
	Or better yet, an actor I like even better, Denzel Washington, right?
	Who doesn't love Denzel?
	So I want Denzel to be in so many movies that I watch for the next 20 years.
	Even if he's not acting in those movies, we could still pay him a royalty.
	It's like a dollar a film or whatever.
	I mean, I don't know.
	It's going to be something like that.
	That's going to be up.
	That'll be happening, and you can pick and choose the stars that you want in the films.
	So, you know, the future's changing rapidly.
	All right.
	I tell you what.
	We should be jumping into today's interview, and I interviewed Andy Sheckman of Miles Franklin, the expert in gold and gold flows, and he knows what's happening with the gold scarcity crisis that we've been talking about for a couple of weeks here.
	So, full interview with Andy Sheckman.
	Coming up, as soon as I give credit to our sponsors here today, the Satellite Phone Store, sat123.com.
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	And we've got all these incredible discounts and deals for you, de-Googled phones, goldbacks, all kinds of other things.
	So check it out at rangerdeals.com.
	And now we're going to proceed with today's interview with Andy Sheckman from Miles Franklin.
	And I think you'll find this to be very informative if you want to know about finances, currency, gold, silver, what's about to happen, the reset, the revaluation, all kinds of possibilities.
	This is the guy, Andy Sheckman.
	This is the guy who knows what's up.
	So check out this interview, and I'll be back with you tomorrow.
	Now, at healthrangerstore.com, we have the matcha superfood formula to make an instant matcha tea loaded with superfoods.
	Check out the ingredients.
	I've got it on my screen here.
	Here it is, matcha superfood latte.
	And if you go down to the ingredients here, you'll see something pretty amazing.
	Not only is it made with this delicious coconut milk powder and the matcha powder, all laboratory tested, As you can see, all certified organic here.
	But we put in some chlorella and spirulina powder, and it's sweetened with monk fruit extract powder, but it's got functional mushrooms in here, reishi, shiitake, and so on, cordyceps.
	So this has this incredible combination, including lion's mane.
	That's my favorite.
	This incredible combination of microalgae superfood as well as matcha, which has all of its own amazing benefits, plus the functional mushrooms.
	This is available right now, healthrangerstore.com.
	And show my desk.
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	We've also got our amazing instant mashed potatoes, the cheesy, creamy, buttery mashed potatoes in the number 10 cans.
	And then if you want to beat the tariffs that may be coming on Manuka honey from Australia and goji berries from the Tibet regions of China, the high elevation clean regions, you need to get them now.
	We've got the goji berries laboratory tested, of course.
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	You can find all that at healthrangerstore.com.
	And then I want to show you one other thing that's really useful this time of year.
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	It's a spagyric matake mushroom extract with shiitake and echinacea root extract together.
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	Check it all out at healthrangerstore.com and know that every purchase there helps support our platform and our work to give back to humanity for freedom, health, and happiness.
	And thank you for your support.
	I'm Mike Adams, The Health Ranger.
	Take care.
	All right.
	Welcome, everybody, to today's Emergency Global Gold Scarcity interview with our favorite guest on this subject, Andy Sheckman.
	And you won't see me.
	I don't have video today because I'm not in the studio.
	But we can see Andy, who's much more interesting to look at anyway.
	So thank you, Andy, for joining me today.
	Yeah, I don't know about that, Mike.
	But it's great to be here.
	It's always an honor to be here.
	I follow everything you do and always excited to come back and chat with you.
	So thanks for having me.
	It's an honor to have you on.
	And I will say that not only were you ahead of the curve by years on alerting people to what was happening with the formation of BRICS, and I want to ask you about that since Trump is obviously trying to sort of separate Russia from China.
	We'll talk about that.
	You're also ahead of the curve.
	You must do a ton of research every day.
	You're ahead of the curve of understanding what's happening with this gold and silver situation.
	And let me start with this.
	I'll hand it over to you.
	Clearly, the tariffs are just a cover story.
	So take it from there.
	What would you say is happening?
	First of all, thank you for the kind words.
	And I do.
	I spend, you know, in high school, I hated studying, like all kids do.
	I wanted to go play baseball and hang out with girls.
	As I've gotten into this profession, the last four years in particular, I've been doing this for 35, but the last four years speaking publicly and doing it this way on shows like your own, not only is it a necessity to be well-informed, but I enjoy it, and I do.
	I spend two, three hours a day, every day, reading, scouring the planet, looking for information, and trying to connect the dots.
	And so what I'm going to say...
	At the beginning of this is that, look, I'm not sure what the endgame is.
	But this approach that we're going to talk about, what's happening on COMEX and the LBMA, what's happening with gold repatriation, a scramble, if you will, by the most well-informed traders in the world to accumulate gold, is something very different.
	And it actually seems more heavily focused on American interests.
	But very different than anything I've ever seen.
	You know, over the last several years, I was fond of saying it's too stupid to be stupid, that there are things that are being done by the previous administration that seem to drive or push us towards an intentional collapse of the dollar.
	That might be what we're seeing right here, too, mind you.
	But the difference is that the Biden administration, who was weakening the dollar, had no clear replacement plan.
	Aside from a digital dollar, we talked a lot about the number two in charge at the White House in terms of economic policy, Lael Brainard, who helped design the CBDC while working at the Boston Fed with MIT. That was the path that it seemed we were following, a path of destroying the dollar, resetting the system, and issuing this surveillance state digital CBDC, which we seem to be moving away from.
	Now, I would still argue...
	Trump is the master of reorganization.
	He understands when a company needs to file bankruptcy, he arguably understands that's the fate that we have in front of us.
	I'm not saying it's not, but his plan, what I see when putting these together, seem to be far more focused on American...
	Yeah, so look, the bottom line is, Mike, I don't know how this all plays out, but something big is happening.
	And we'll jump into that.
	And, you know, it centers around revaluing the price of gold.
	And I'll just say right out, that is where I'm hedging.
	But let's go back to the beginning and see if I can connect all of the dots.
	And stop me if you have questions.
	Well, yeah, but hold on.
	Let me stop you at revaluing the price of gold because I think the last time...
	There was any official valuation, wasn't it, like $47 or something crazy like that?
	$42.22.
	Okay, $42.
	And in the United States, that is.
	Now, all throughout Europe, it's valued at $35 an ounce.
	That's the old Bretton Woods price.
	And I guess they revalued it here in the United States shortly after Nixon closed the gold window in 1971, and it went from $35 and kept moving, revalued by the market.
	Then I'm sorry to interrupt, but let me ask you two questions about this, because if they were to revalue gold at current market price, you know, mark to market, right?
	Explain to us what that would do in terms of helping Trump balance the budget or free up assets or what have you.
	But also, there's this other conversation about possibly...
	Partially backing the dollar with gold.
	And that would value it at a much, much higher price if that were to happen.
	So please talk about these two scenarios, if you would.
	And they're not exclusive of each other.
	Like, one could happen first, and then the other one could happen.
	But what do you think?
	Absolutely.
	This is Judy Shelton's book, A Good is Gold.
	I interviewed her not too long ago.
	She was Trump's selection in 2016 to run the Federal Reserve, although not confirmed.
	She advocates for issuing 50-year treasuries backed by gold, in fact, maybe even shorter-duration treasuries backed by gold, deliverable at the end of the period, with stable coins issued off of them.
	And she has told me that she believes that Trump will issue them July 4th, 2026. The 250th year anniversary that they've discussed this a lot.
	And quite frankly, I wouldn't be surprised if she is his nominee again to run the Federal Reserve or at least be on the Board of Governors.
	So look, to your first question, Mike, revaluing gold would not magically erase the debt, but it would make the country's balance sheet look a lot stronger.
	It would provide financial flexibility.
	It would boost investor confidence.
	And if done the right way, it could be a key part.
	Or a part of a bigger plan to stabilize the economy, move away from constant relying on debt to keep things running, to incentivize demand for our treasury market, which has been, you know, as we know, waning, to say the least, as much of the countries who have financed our debt have stopped doing so and instead are purchasing gold, which, as we remember, in 2019...
	The ruling by the Bank of International Settlements reclassified gold as the only other Tier 1 reserve asset next to U.S. Treasuries.
	Many of these countries have chosen gold because it has doubled the performance of the 10-year Treasury for 25 years.
	Carries no inflation or default risk and cannot be sanctioned.
	And it has no counterparty risk.
	I really want to underscore that.
	It does not rely upon someone else to make good on their obligations.
	No counterparty risk is a big deal.
	So let's talk about what's happened recently.
	My whole career, Mike, everyone always said that the gold is flowing from the west to the east.
	I mean, I've been doing this 35 years, and that was always the statement.
	The United States is a net exporter of gold, and everything gets sent to China where it never comes back.
	Since November, right?
	And it's interesting because Trump didn't take office until January, but he won in November.
	And before I say that, look, when gold was revalued Tier 1 in 2019, two years before that, we saw the Bundesbank make a very public...
	After a few years of trying to get their gold, they put an article in the Wall Street Journal, give us back our damn gold is more or less what they said.
	And then shortly after that, within a few weeks, the central banks of Poland, Hungary, the Czech National Bank, the Dutch National Bank, the Bank of Hungary, the Bank of Turkey, all of these banks that give us back our gold too.
	From the Bank of England and the New York Fed, which always has given direct access to the LBMA in London and the COMEX in New York.
	And at the same time, they started buying gold.
	That next year, 2018, after six years of being net sellers since 2011, when the price started falling, they all started getting their gold back home in their own possession and then buying in 2018. Those same banks who repatriated their gold bought more gold as a group.
	Then they did in the 60 years previously combined, and those numbers were doubled the following year.
	And then miraculously, gold was reclassified Tier 1, the only other Tier 1 asset next to Treasuries.
	So to assume that they didn't know, they being the central banks, all part of this club, I believe, is silly.
	They knew.
	They were told, get your gold, start buying it.
	Things are coming.
	Now, I would argue the same thing has been going on all along.
	The central banks have been buying gold at a level no one has ever seen before.
	But when we look at what's happened since November, Trump wins, and he hasn't taken office yet.
	But since November, the United States has become...
	What do you mean he hasn't taken office yet?
	Pardon me?
	What do you mean he hasn't taken office?
	I meant in November.
	He's taken office in January.
	Sorry.
	But in November, when he won the election, hadn't taken office until January, the United States becomes a net importer of gold.
	In other words, he started talking to his people, I would say.
	Yes.
	The news started to get around, start bringing home the gold.
	Now, the theory is all around tariffs, as you said at the onset.
	That's not the case, as you said at the onset.
	We'll get into that.
	But since November, between 12 and 13 million ounces of gold and between 40 and 50 million ounces of silver have moved from London to the United States vaults based on this perceived threat of tariffs.
	Now, as far as silver goes, he'll never tariff silver.
	Never.
	Because we're in a structural deficit.
	80% of the silver that we need for manufacturing, we import.
	Not going to happen.
	And I don't think he'll tear off gold either.
	But if he told the world what I believe his real intentions are, they wouldn't release it so easily.
	This is just a game of back and forth.
	It's called exchange for physical, where the contracts in New York are very fungible, and they can be exchanged to London for money, and London sends the gold to the United States.
	It's a back and forth game between these banks.
	So since November, we've become net importers and have imported between 12 and 13 million ounces of gold and between somewhere in the neighborhood of 40 to 50 million ounces of silver since November.
	J.P. Morgan, as an example, for the February contract is set to deliver $4 billion worth of gold.
	It would be one of the largest shipments ever in the history of the COMEX market.
	And J.P. Morgan, Mike, their...
	Former head trader on their gold desk, Blythe Masters, has publicly said, and you can find it on YouTube, that J.P. Morgan does not purchase for the bank itself, always for a customer.
	Who's got $4 billion to buy gold?
	Yeah, good question.
	You start to wonder.
	And when we talk about just how big this deal is, when we talk about the February contract, 59,296 hundred-ounce gold contract stood for delivery.
	On the February gold contract.
	That far surpasses the previous record of 47,132 contracts.
	In other words, 12,164 contracts more, over a million two ounces of gold, more than that, than the largest ever, happened in February.
	That's 5,929,600 ounces of gold.
	Try multiplying that times 2,900, where we are basically at spot.
	And your calculator will say E. It doesn't even know how big that is.
	It's so big.
	So my point is, that's the largest ever standing for delivery on a contract ever in the history of the COMEX market for the February contract.
	47,132 was the previous, 59,296 in February.
	And then for silver, 13,735,000 ounces stood for delivery.
	In February, these are numbers that the COMEX market has never seen before.
	So now, I mean, we can do the math on this.
	We can figure this out, right?
	We just need a bigger screen.
	But we can figure it out.
	But the overall picture that you're painting here is, and I'll be the one to say this, not you.
	This is my opinion.
	I think the Bank of England has over-loaned out.
	Too much gold and it doesn't have it.
	So we're talking about fractional gold reserves, but fraud.
	Like fraud, because they claim to have the gold.
	They made loans on the gold.
	They didn't have it.
	People are demanding delivery.
	The Bank of England in particular and some other organizations, it looks to me, Andy, like they're going to default on delivering the gold.
	And right now there's a panic to borrow gold.
	You know, the monthly interest rates for borrowing gold are skyrocketing beyond belief.
	Yes, they are.
	So what do you make of this, and what happens if somebody big like that just says, well, we don't have the gold?
	Well, we could argue they already have defaulted.
	I mean, the delivery time on the London market is T plus one, meaning trade is T, trade day.
	Plus one, the settlement day.
	So you do the trade on Monday.
	One is Tuesday.
	That's the settlement day.
	You're supposed to get your gold on Wednesday.
	They're running between six and eight weeks for delivery.
	So it's two plus eight weeks.
	That's the default as far as I'm concerned.
	Yeah, the metal's not there.
	To paint a picture, it's easier to see it with silver than with gold.
	But it's just almost as egregious with gold.
	But with silver, they have 800 million ounces of silver in the London vaults.
	800 million.
	Of which they tell us 500 million belong to the ETFs.
	So that leaves a float of 300 million ounces.
	They claim on final settlement numbers to trade 2.9 million ounces on average of silver per day.
	In essence, the entire float every single day.
	However, they say that those numbers are, excuse me, 290 million ounces of silver per day, the entire float.
	They also say that those numbers are at least 10 times understated because they only post the final settlement numbers, not all of the trades that are happening throughout the day.
	So that, in essence, would be 2.9 billion ounces of silver per day.
	That's three and a half times annual global mine supply every single day, of which 90-plus percent of those contracts are naked short, meaning nothing standing behind the short contract but the bank's checkbook.
	Those Western banks are short between 4 and 6 billion ounces of silver with a bean.
	And you hear me say between.
	The LBMA is an over-the-counter market.
	It's not an exchange like the COMEX. So there's far less in the way of transparency and regulation.
	But every one of those contracts has a delivery side to it.
	And if everyone stood for delivery, there is a huge problem.
	Now, there are rumors out there that I can't substantiate.
	That the American banks are actually net long.
	It's the European banks that are net short.
	Now, I can't substantiate that, but if that's the case, they're setting up to blow up the Bank of England in a very, very big way because on gold, they're trading about two to two and a half times annual global mine supply every single day, of which 90% is naked short.
	So all of these people standing for delivery.
	Yeah, we're just really backed up with delivery time right now, so six to eight weeks.
	I know it says T plus one, but we're actually more like a T plus 56. That's a problem.
	Andy, so what you're saying is actually very consistent with what I believe Trump is doing.
	I think Trump is at war with the city of London and the Bank of England, and he's clearly about to throw Western Europe to the wolves in trying to befriend Russia.
	Do a deal with Russia, have peace with Russia, and try to peel off Russia from China.
	I think, and I want your reaction on this, I think Trump is going to end the sanctions on Russia.
	He's going to unfreeze the $300 billion of Russian funds, or at least he's going to try to.
	He'll have to strong arm a bunch of European lunatics in order to make that happen.
	I think Trump wants to do trade and deals with Russia.
	He wants to lower the price of energy in order to...
	Boost the U.S. economy and also decrease the energy revenues for Russia.
	He'll make Russia the friend, and then he'll try to turn Russia and the world against China, which is the far bigger threat, like geopolitically, technology, AI, all that stuff.
	What do you make of that analysis?
	I think it's plausible.
	I see the logic in it.
	I don't know how close Xi Jinping and Putin have become.
	Yeah, I don't either.
	I think that would be the beginning of the right thing to do.
	Look, the BRICS nations became a thing largely because of the way that they were treated by the West, the strong-arming, the sanctions, and I think going after them with a stick is...
	Is not the answer.
	In fact, saying that they're going to impose 100% tariffs on them is not the answer.
	And that's not a tariff.
	That's a sanction.
	I agree.
	So yes, I would be all for it.
	If the BRICS broke up, fine.
	I'd be all for it.
	If we had a world that was safer for our kids to grow up in, and this path that we have been led down over the last four years was...
	A very frightening one if you have children and grandchildren.
	And the world that they were growing up in, God help us, had the previous administration won.
	And thank God for Trump.
	I mean, look, he has reignited what it means to be an American.
	I mean, I come from nothing, Mike.
	And my family started this company 35 years ago in an office the size of a closet.
	We are a byproduct of meritocracy.
	We are a byproduct of outworking the competition.
	And I'm all for what he's doing.
	Well, see, I think Biden really wanted to destroy the dollar and destroy America.
	Trump is trying to save the dollar, clearly.
	Is it too far gone?
	I don't know.
	But let me mention this.
	So talks between Russia and the U.S. are going to happen in Saudi Arabia, pretty much a neutral place.
	That's a big deal.
	And I also want to...
	I just want to mention, because I didn't give you credit of your company, milesfranklin.com.
	I want to mention your website, milesfranklin.com, and also just ask people how they can reach you if they're interested in gold and silver.
	Can you give that information?
	Yeah, the best way to do it is to send us an email at info at milesfranklin.com.
	And although you're always very quick to point out, and I respect this about you to the nth degree that...
	We're not paying you anything and you aren't sponsoring us or vice versa.
	I'm honored to be on your show, period.
	And for those who do want information, our price list at info at milesfranklin.com and just put Mike Adams sent me just so we know where you came from.
	Our price list will be as good or probably better than every company in America.
	And there's a million reasons why I don't post them online.
	But send us an email and we will, with no obligation, whether it be questions you've heard on this show or just want the price list or any other questions you have, send it to you with no obligation.
	Info at milesfranklin.com.
	Appreciate that.
	I think that's wise.
	Yeah, that's kind of like a VIP price list.
	And let me mention, too, in an honest assessment, coming out of, you know, gold goes up when there's more insecurity in the world, when there's more war.
	When there's more chaos, if Trump and Russia sign a peace deal, I would expect on that day, gold would go down substantially on that day.
	Now, it's going to bounce around.
	The long-term trend is up, up, up, obviously, in dollars, which dollars keep losing value.
	But isn't it true that, you know, we don't hope for war.
	I hope there's peace with Russia.
	And if gold drops $50 that day, I'm thrilled.
	You know what I mean?
	I completely do know what you mean, and I'd be thrilled as well.
	I mean, I could argue gold is not an inflation trade.
	It's an uncertainty trade.
	And you could certainly say that the uncertainty poking the bear the way that we have has certainly led to a lot of that.
	But it's also, you know, like I was saying, it's great to see change.
	I've done two interviews with Cash Patel, smartest guy I've ever talked to.
	You're right up there, Mike, but this guy's a genius, and he looks right through your soul.
	What better guy to bring into the FBI? I mean, and the electoral system, the judicial system, the healthcare system, everything that we've all really been bummed out about as Americans, as people who grew up when we did in the 70s and 80s, you look at the world and say, what the hell's happened to my great country that...
	Gave me so many opportunities.
	And to see that stuff come back is heartwarming and inspiring.
	And I kind of likened it to the Shawshank Redemption where Andy Dufresne had to crawl through two miles of crap to get to the other side.
	And I think we still have to do that from a monetary and fiscal standpoint.
	So no matter how euphoric we all feel about reestablishing our culture and getting, you know, civility and law and order back and...
	These types of things, which are quite important, we have been led down a path and more or less crossed a Rubicon that's very difficult to come back from, and that is crossing the 100% debt to GDP level nearly at 125. I don't know that a country's ever come back from 130. And we're right there.
	They either hyperinflate or outright default.
	We have been creating $100,000 worth of debt per second, 24-7, a trillion dollars every 100 days.
	And Doge had just came out and said, look, you know, we probably will be lucky to do a trillion in savings, not the two we had aspired to.
	But the thing of it is, is that you have to stop spending.
	Trump won't touch Medicare or Medicaid.
	He won't touch Social Security.
	The spending is an issue.
	The Congressional Budget Office said, even with a balanced budget, the interest on the debt alone by 2031 would encompass 100% of tax receipts, that and Medicare and Medicaid and Social Security, the mandatory entitlements that are off balance sheet, which would mean, how can a country like ours retain its power of being the military superpower of the world when military spending is discretional?
	And it's not mandatory.
	And so we have to borrow that.
	Even if he cuts off a trillion plus, he still is going to have a trillion per year in deficit spending.
	You come in at 36, you leave at 40, 41. It's very difficult unless we make those very difficult decisions.
	Now, there are things that they can do, which we're going to talk about in a moment, which will help that.
	But the bottom line is that from a monetary standpoint and years of fiscal irresponsibility at zero-bound interest rates have created some big hurdles that we have to get very creative in order to get past.
	But there is reason to be optimistic.
	God willing, he puts these things in place that give us the ability for our kids to look at their future with hope and with optimism.
	Father of three kids, that makes me happy.
	Yeah, indeed.
	I have a sense of optimism for the first time in many years, even though we're still facing a really big, massive financial problem.
	So let's talk about that.
	So what Elon Musk and Doge are doing, we're all thrilled about it.
	It's all mind-blowing how much waste and fraud has been found in USAID. And Elon wants to now do a live streaming walkthrough of Fort Knox to see if the gold is really there.
	That would be interesting.
	But it's still just rearranging the deck chairs on the Titanic, the numbers that they're talking about.
	Now, you got to start talking trillions, right, to get the spending under control.
	Trump just proposed cutting military spending in half.
	So we could say roughly that could save half a trillion a year.
	And then you talked about...
	The issuance of long-term 50-year treasuries redeemable in gold.
	Well, I believe that plan is also part of the so-called Mar-a-Lago Accord, and I believe that Trump is going to use tariffs to try to strong-arm other countries into converting their 10-year treasuries into 50-year treasuries, right?
	And then that could drastically reduce the debt service cost annually.
	Paying out on lower interest rate 50-year treasuries.
	So in that way, he could reduce possibly, I'm just guessing, another half a trillion.
	But even cutting those two things, that's still only a trillion dollars a year.
	And then if you end the IRS, which we're all cheering for, well, then you lose about $3 trillion or so in revenue, which I still think is great because I think taxation is theft.
	So what, I mean...
	You can't touch social, like you said.
	You can't touch Medicare, like you said.
	You can't touch federal pensions.
	Is it the only way out of this to effectively hyperinflate, devalue the currency, and pay it off with devalued dollars at some point?
	Well, that's the path that they've always chosen, and even revaluing gold would kind of lead us down that path.
	But to your point, we have over $28 trillion in U.S. government bonds that mature by 2028, in three years.
	So we're taking in under $5 trillion a year in tax revenue.
	For three years, that's $15, if you're lucky, a little less.
	And we need to come up with $28 just to cover the bonds that are maturing.
	That doesn't take into account the next three years' worth of deficit spending.
	At the same time, foreign demand for U.S. Treasuries is declining.
	That means the Fed has to intervene at some point.
	That's why Marco Rubio...
	Came out and said within five years, the U.S. may not even have the ability to impose sanctions anymore due to reduced dollar dominance.
	But what we see happening with the rapid repatriation of gold suggests a strategic shift towards something else like monetization.
	Before I mention that, I just want to mention one other piece to this puzzle.
	You know, I always found it grotesque that J.P. Morgan, who paid the largest fine the Justice Department ever issued out at that point a couple years ago of $920 million for manipulating the metals market, was allowed to continue to be the custodian of the world's largest silver trust, SLV. They and BlackRock.
	Never made sense to me.
	That year, in fact, they were fined $100 million.
	$920 million, their desk, the traded metals, made a billion.
	So they walk away up $80 million, have a little slap on the wrist, but they're still allowed to be the custodian of the largest silver trust in the world, along with other ETFs.
	Well, somewhere not too far from November, I don't know exactly when it happened, when we started becoming a net importer.
	Ironically enough, J.P. Morgan took over from HSBC Bank, J.P. and BlackRock.
	As custodians of GLD. Now you have GLD and SLV, two of the largest stockpiles of metal in the world, held by J.P. Morgan.
	J.P. Morgan in two vaults, one in London and one in New York, hold more gold than the majority of the G20 countries.
	Now it belongs to the ETFs, but people have asked me forever, you know, like Roosevelt confiscated gold there and then devalued the dollar.
	By 40%, making gold worth 40% more just like that.
	This has happened before.
	So let's just get that out there, this concept of gold revaluation.
	And by the way, how many people know this little tidbit?
	Gold on every balance sheet across the globe for central banks.
	The name of the account that it's held in?
	Can't make it up.
	The gold revaluation account.
	That's the name of it on the central bank balance sheet, including our own central bank balance sheet.
	So now J.P. Morgan is the custodian of these two massive funds.
	And it's interesting because, remember, J.P. Morgan is set to deliver $4 billion in gold to the COMEX. This is one of the largest deliveries ever.
	So they're very active in this.
	This is for the February contract.
	But one of the things we've heard a lot about, and this is the media.
	You know, I have some very well-read friends that just read the wrong stuff, and they're completely misled and misdirected.
	By the mainstream.
	And the mainstream's narrative is usually very wrong, as it is here, where we've seen 16 tons of gold exit GLD as the price of gold has been climbing and climbing and climbing and climbing.
	Now, the conventional wisdom, if you're watching CNBC, is, well, these are ETF outflows because of...
	Stronger interest rates, stronger dollar, profit-taking, playing the Trump trade and NVIDIA and Bitcoin and Apple.
	No, that's not what it is.
	That's what they want you to believe, because the public would never want to hold something like gold, right?
	Well, instead, what it is, is if you look at the GLD prospectus, or SLD, You cannot pull the medal out.
	You have to be an authorized participant who funded the basket to begin with.
	Big, big players, huge players, who have the ability to withdraw it in copiously large amounts.
	My feeling is that this is a far deeper shift in the whole financial system, and the big players are cashing out through share redemption before potential exposure to this.
	And what do I mean by scheme?
	Let's use SLV as an example.
	SLV right now has a short position in it of, what is the number?
	Right now has a short position of 953 million ounces of silver.
	You are actually allowed to naked short these ETFs, which is the dumbest thing ever.
	It's as dumb as a mud wall.
	So just a couple of points on this.
	The borrowing fees to borrow the shares to short SLV have gone from 0.5% a few weeks ago to 12% in just a few weeks.
	A 24-fold increase.
	Not good if you want to short this or to buy back your shares.
	And the number of shares that were available to do so were at $10 million a few weeks ago.
	They're now at $10,000.
	That's a 99.9% reduction.
	953 million out short position.
	This is setting up for a historic short squeeze.
	And again, you know, how much of that is the European traders that are involved in this?
	I don't know.
	But the rumor is that the U.S. banks have gone net long to, as you were saying, go to war with the Bank of England.
	This would be a way to certainly do it.
	So things are...
	Are rapidly changing.
	And then we look at the last piece of the puzzle.
	And as you mentioned, you know, Judy, she wants to issue 50-year treasuries redeemable in gold.
	And I talked with her about the fact that Fort Knox hadn't been audited.
	She says it's the dumbest thing ever.
	She said they say it costs too much money and logistically challenged.
	And she said we're the United States, for goodness sake.
	Just spend the money and do it.
	Well, now it appears as though they're doing it.
	I asked her, I said, Judy, do you know its goal is held in the revaluation account?
	That's the name of it.
	Will it be revalued?
	And in a very roundabout way, quite articulate, she said yes, that she believed that it would be revalued to a much higher level.
	And then we get to Scott percent, whose largest holding is of...
	Gold, who just recently said we're going to monetize the asset side of the balance sheet.
	Wait a minute.
	I'm sorry, but his largest personal holding is gold, correct?
	Yes.
	He himself holds.
	He is personally as a personal investor.
	Right.
	And he said we're going to monetize the asset side of the government balance sheet.
	Well, if you look at it, we have about $5 trillion in assets backing $200 trillion in liabilities, both on and off balance sheet.
	The largest asset is student debt, about 40-plus percent.
	Not going to monetize that.
	The second largest asset is military.
	Bases, bullets, guns, etc.
	Not going to monetize that.
	You could monetize land.
	But how about gold held in the revaluation account?
	Wasn't it Senator Loomis, Cynthia Loomis from Wyoming, who advocated for revaluing the gold, held in the gold revaluation account?
	Yes.
	In order to fund the strategic Bitcoin account?
	We've heard it from the head of the Dutch National Bank and members of the Bundesbank for the last three years.
	Let's revalue the gold held in the revaluation account to offset our liabilities with this asset that's still valued at the Bretton Woods number.
	You put it all together, Mike, and everything that you look at, I look at, tier one, net importer, Massive, massive, massive deliveries.
	JP Morgan taking over custodianship of GLD, already custodian of SLV. Massive delivery delays of eight weeks coming out of London.
	Scott Bessent talking about monetizing the balance sheet.
	Judy Shelton talking about issuing 50-year treasuries backed by gold.
	And Trump shaking things up because we are at a point where we're in a debt spiral.
	Things need to happen.
	And I think the Trump tariff ruse is specifically engineered so that the countries would relinquish the gold without saying, well, wait a second.
	You know, if we don't ever get it back, there's going to be a problem here.
	He's doing it as a cover for his real intention.
	And that would be my guess, because these are things that are so far outside of anything anyone's ever seen in COMEX or the LBMA. Doesn't do it justice.
	This is a four feet of snow in my backyard here in Delray Beach in July.
	Doesn't happen.
	It's an outlier.
	And so I'm saying, while I don't know how it all plays out, they're setting up for something much bigger than just tariffs.
	All right, Andy.
	Outstanding analysis.
	You've laid out this trail of...
	More than crumbs, you know, data points that clearly begin to paint a picture that Trump wants the gold in the U.S. He wants it there for a purpose.
	He's clearly trying to save the dollar or something, you know, maybe a parallel currency, maybe a new dollar backed by gold or something like that.
	Like this, whatever is happening is truly historic.
	And clearly it's designed to weaken bricks.
	To bring those countries back to the dollar, to try to make dollar trade the global standard again, because that has taken a big hit over the last few years as countries like Russia and China and India and Turkey have been trading in their own native currencies, not using the dollar very much, and Saudi Arabia as well in some cases.
	So let me ask you this, Andy.
	For the people listening...
	If you understand what's about to happen, if you are on the right side of this historic announcement or change, and I think being on the right side probably means owning physical gold, then you're going to be extremely happy.
	What happens if you're on the wrong side of this and you don't know this is coming and all your savings are in dollars or treasuries?
	What happens to those people?
	Well, he wants a weaker dollar, and by letting gold go much, much higher, in essence, you're weakening the dollar.
	So the dollar will lose ground, inflation will accelerate.
	We're at that point where there is no easy way out of this.
	And I would say if governments and central banks are hoarding gold the way they are, what does it really tell you about the future of fiat currencies?
	I think that should be...
	Front and center.
	I think the bottom line is simply this, that the most well-informed traders in the world are scrambling and scurrying to get a hold of physical metal in their own possession.
	No counterparty risk.
	I think that should be front and center as well.
	You do not see them running to gather other assets.
	It's a rush to gather this.
	And I would say, on top of that, when you look at the insider selling in terms of the market, It's six to one, selling versus buying.
	The insiders are selling.
	All of the metrics that we would use to gauge if a market is overvalued are screaming the market's overvalued.
	So I would say now is the time to focus less on the Trump risk on trade, focus less on return on your money and more.
	Return of your money.
	That's the most important thing right now because people will get caught up in this euphoria and largely rightfully so, but it will lead them down the wrong path in terms of their own personal finances.
	I would distance myself from traditional assets if I had a big profit in any of the Magnificent Seven or in anything that is traditional or even crypto.
	Take profit.
	It is not a four-letter word.
	Leave your initial principle if that's what you want.
	Put some profit.
	Take it off the table.
	Put it in real money.
	Because these traders that are doing this with gold and silver are not just the most well-funded, they're the most well-informed traders on the planet.
	And they don't just do things like this for the hell of it, Mike.
	They're doing it because they know what the ultimate outcome is.
	And one other point to your point about BRICS, you know, here again, I don't know if he's going to him and saying, look, I respect your right to want to continue to forge other relationships.
	Even though he's saying the bricks are dead, by revaluing gold, you do play right into the hand of all of the countries that have been accumulating gold the way that they have.
	So it's not as easy in black and white as you would think, but I think what that would also entail would be perhaps more cooperation between these countries.
	I guess, look.
	All I can say is this, and that's why I said it at the onset.
	I can't see past the wall.
	I don't know how it all plays out.
	I will just simply say this.
	This is a once-in-a-generation move to get on the right side of the trade because everything I see right now is screaming.
	You need to have gold and silver in your own physical possession.
	And I think the way that they get around confiscating gold that Roosevelt did to have enough gold to back the Treasury market with and to usher in a new system.
	Remember, every $4,000 increase in the price of gold gives the Treasury General account $1 trillion free and clear.
	And the unit settlement token that Del Marussoff, the former president of Brazil and the head of the New Development Bank, came out and told us they've agreed in principle to a 40% gold backing of their new unit token.
	Well, that's what the Swiss franc was, 40%.
	That's how guys are getting to $12,000 per ounce of gold, by taking M1, the amount in M1, and dividing it into the number of ounces held at Fort Knox, and you get about $12,000 an ounce of gold.
	Is that crazy?
	Not really.
	I mean, it wouldn't even require that much in the way of congressional approval.
	Trump tells Scott to tell Jerome Powell to revalue gold and bang, it's revalued.
	And we just tell every country on the planet, you want to sell us your gold for $12,000, deliver it to the Treasury.
	And it's done.
	That is the price if that's what they're willing to pay.
	And if we did get to a level like that, it would never come back down because it's pegged to a new system.
	Yeah, that's 100% backing there.
	That would be 40%.
	Oh, that would be 40%.
	You take the M1 number and do the 40% of it divided into the ounces, you get 12,000.
	Ah, okay.
	So 100% would be more like 25K or something like that.
	Yeah, it would be.
	But, you know, look, if they wanted to push it up to 145,000 an ounce in a world where Bitcoin is 100,000, why is that so crazy?
	I'm not saying they're going to, but if they did, it would render our balance sheet completely and totally.
	Neutral from assets and liabilities.
	Then you get to the Mar-a-Lago Accord.
	And if I read that correctly, what he's telling many of the countries of the world is if you want our protection, you're going to take 50-year treasuries with zero coupon.
	And you are going to then, if there's an Article 5 from NATO, will be there to protect you.
	If your ships are being attacked in the middle of the Red Sea, will be there to protect you.
	If not, you're on your own.
	And that's his way of, I think, paying down.
	Just leveling gold up to a level high enough to offset your liabilities doesn't get rid of the liabilities until you sell it.
	Well, I think he's looking for other ways, including cost savings and spending cuts on top of charging for protection, kind of like a fee, if you will, for the U.S. Navy patrolling the seas.
	And that's his way of paying down the debt amongst others, like the Bitcoin account and whatnot.
	But interesting times to say the least, man.
	Isn't that the truth?
	Let me state, though, too, as a disclaimer, I haven't included this to our audience, you know, what Andy and I are talking about here.
	We are not your investment advisors, right?
	So do your own research, make your own decisions, and understand that we're talking about...
	Events that have never happened in the history of this nation.
	The signs are pointing in this direction.
	Neither one of us are certain how this is going to go because we don't have the high-level classification clearance.
	But somebody knows.
	And I tend to think, Andy, that really wealthy people know because, Andy, you and I both know a lot of wealthy people.
	Just from the business that we're in, right?
	Influence and metals and everything.
	And every wealthy person that I know is accumulating more metal.
	And they're not accumulating dollars.
	They're dumping dollars and buying metal.
	And you figure, well, these people probably became billionaires by getting things right when it comes to money, right?
	And that's what they're doing.
	Yeah, I'd agree.
	It's the volume.
	One of the very interesting contrarian indicators, Mike, and I believe a lot in contrarian indicators, they seem to always point in the correct direction more often than not, is that the majority of the public, the majority, is chasing the shiny objects while the most informed money in the world is doing the opposite.
	And to your point, The volume in this industry is way down.
	Therefore, premiums are the lowest I've ever seen ever in my career, yet the number of very large, very, very large orders that we're doing is higher than ever.
	So the volume is the same or close to it in terms of sales, dollar value, but the number of sales is way, way off because most people don't see what's coming.
	And you're right.
	Some of the more sophisticated people who are Maybe run in circles where they're getting more information, at least maybe more fair information, are moving to that degree.
	They're less concerned about profit and more concerned about preservation, return of their money rather than return on it.
	And let's just be fair, gold has done very well.
	It was up 30% last year.
	It's up quite a bit.
	It's up 30% in just a couple of months right now.
	So it's moving in the right direction.
	But most people don't notice it because instant gratification in this country over the last half a dozen years is not fast enough.
	But for the very knowledgeable investor, I think they do see what's coming to a degree there's concern permeating throughout the monetary system.
	But the average person, unfortunately, can't get out of the way of what they don't see coming.
	So, yes.
	It's more about, and that's why I focus on when I say these people are the most well-informed.
	This is all about who knows the playbook, and I think these folks do.
	So I agree with that.
	I remember in 2022 when Russia first attacked eastern Ukraine, that was the first time gold went over 2,000.
	It hit 2050, I believe, the next day.
	And now it's almost 3,000.
	We're almost at a 50% gain in dollars since that war began, which wasn't...
	I mean, three years, let's say, right?
	Three years, roughly.
	Almost exactly three years ago.
	So that's one thing.
	The other thing that really shocked me, I read an article that said that if you take all the available gold in the world, that is, all the gold that's ever been mined, and you divide it by all the people, the total global population, turns out that there's about one ounce of gold per person on the planet.
	Yeah, I saw that the other day as well.
	Right?
	So I'm just thinking to our audience, if you own more than one ounce of gold, You're ahead of the average of the entire population.
	And if you own 10 ounces of gold, you start really moving up rapidly.
	And Andy, let me ask you what you think about this.
	People ask me, how much gold should I own?
	Or how much gold should I get before I start investing in crypto or speculation or whatever?
	And I say, well, look, I'm not your financial advisor.
	But what I suggest to family and friends is if you have the money.
	Own an ounce of gold for every month that you plan to live.
	Because no matter what happens in the world, in the markets, if you have an ounce of gold, you can buy food, you can have shelter, clothing, whatever.
	For an ounce of gold per month, you can get by.
	It's funny you say that.
	The first conference I went to in Switzerland in 1990. There was a man who was retiring from a Swiss bank.
	I think it was called the Mercky Bauman was the name of the bank.
	And the man was very interesting.
	And he said, you know, during my career, I bought one ounce of gold a month or one ounce of gold a week.
	I think it was a month.
	Maybe it was a week.
	I was 20 years old then.
	And he said, now that I'm retiring, I will sell one ounce of gold a week or one ounce of gold a month.
	I don't remember if it was week or month.
	He said, you will never see me begging for food or sleeping on a park bench.
	And that's exactly right.
	I mean, that is certainly one way to look at it.
	I look at gold as wealth that has outlived two world wars, German hyperinflation, the Great Depression.
	I look at it as wealth, not an investment.
	And there's no question that I think we are heading back to a period of time, Mike, where gold will be re-injected into a system.
	And I've said for years, even on your show, and I still believe there will be a marriage between blockchain technology And gold to inspire immutability.
	You heard what Elon just said.
	He said, let's put all of the government spending on a blockchain.
	Oh, yeah, 100%.
	Gold holdings on there and inspire confidence.
	The treasuries, the stable coins, all of these things in order to inspire confidence and immutability.
	That's the road that we have to go down.
	So, yeah, I think it's never been more important to own gold, not to become wealthy, but because it is wealth.
	And the smartest money in the world is moving in that direction.
	And that's the thing about it.
	For that gentleman who would sell an ounce a week to fund his retirement, it's there when you need it.
	Not just for emergency, for opportunities or for being your own bank or your own annuity.
	And if not, there are very few things you can leave for your kids that will be wealth in the year 3000, long after the bill in your billfold right now.
	Is hanging from a frame in the Smithsonian as an example of what used to be money.
	So I've never been more bullish on the reasons to own gold.
	And aside from that, let's just remember, it was reclassified by the most powerful bank in the world as the only other tier one reserve asset on the planet.
	There is something in store for gold.
	Whatever it is, however it plays out, you can see.
	That Trump understands that this is the key and that the previous administration, for allowing the commercial banks to continue to suppress the price of gold, which maybe he's putting a kibosh on.
	Maybe this really is blowing up the LBMA. Maybe it is.
	But that that played right into the hands of the countries who have been sophisticated, coordinated, and motivated enough to stand for delivery.
	To drain the global exchanges.
	I don't know if we have maybe rectified that with these countries and they'll start to backpedal and come away from it or not.
	But I do like the fact that we don't have to be the antagonist always and have everyone around the globe no longer want to do business with this country.
	This is one of the main questions I want to ask you, and we're actually about to run out of time here, amazingly.
	Give us the latest update on BRICS because I believe that Trump is now, you know, he's a strategist.
	He's a dealmaker.
	Clearly, he's going to try to dismantle BRICS. There has been, I think, at least one setback on BRICS or a delay, let's say.
	How is that shaping up right now, BRICS versus Trump?
	Well, you know, I don't think the BRICS want to be open about things anymore.
	They spent four years building Enbridge with the BIS Innovation Hub.
	And at the 12th hour in Kazan, when they're doing their meeting, the Enbridge is operational.
	And this was what Delmarusov said, we will issue the unit over Enbridge.
	And at the 12th hour, the Bank of International Settlements, which is a Western institution, said, no, we can't be involved with something like this with a country.
	That is being sanctioned by the West.
	It's if they just realize that Russia's iron bricks and pulled out.
	So that is the setback.
	They've changed the name to Bridge.
	But we just saw the other day that Indonesia just became a full member of BRICS. So they're still moving in that direction.
	Indonesia has the largest nickel fields in the world.
	Their president, Vadudu, has called for an OPEC-style cartel of rare earth metals.
	Another 25 or so countries have fully applied to be full members.
	They have eight or nine new observational members.
	They are still moving, and if I had to guess, they will continue to strike deals in local currencies using gold to settle any imbalances and still move forward because, look, Trump won't be in office forever.
	Maybe they are able to.
	He is able to slow down the progression, but until we get our spending in order, until we prove to the world that we can once again be trusted, That there's rationale for holding our treasuries and for holding our dollars and selling us their goods and services in dollars.
	They will continue to de-dollarize.
	I just think it will not be...
	Because one of the things that really struck me, Mike, was that when they came out with their...
	During the meeting in Kazan, they came out with a recap, more or less saying that they wanted to integrate into the Western system.
	They wanted to be part of the IMF. They wanted to be part of the BIS. They even wanted to be part of the...
	WHO and the United Nations, I was shocked by all of that.
	They said, we don't want to fully assimilate.
	We want to assimilate and change the system.
	We want a reworking of the system to integrate fairness amongst us all, not just be Western-centric.
	And then the BIS did this.
	To me, it's espionage.
	It's right out of a James Bond movie.
	And so I don't think it will be in their vested interest.
	To be straight with Trump or anyone else, they'll continue to do it in a much more cloaked way.
	But I would not bank on this being the end of the BRICS. Quite to the contrary, they are growing still in size, in scope, in GDP, in military might, in resources, and in shipping lanes.
	And this can be something that they just continue to do but keep things closer to the vest.
	It's interesting how quiet it is about it.
	It's extraordinary what Secretary Rubio said about all of this, right?
	In five years, that's right.
	Yeah, it's going to be a multipolar world.
	He's saying that.
	And the U.S. can't just maintain this dollar dominance and military dominance over the entire world.
	We can't be the world's police.
	And he implied the dollar can't be the only dominant currency in the world, and we can't just sanction our way into global power.
	To hear the Secretary of State saying those things is astonishing, but true.
	Well, it's honesty.
	And even Trump said it on the campaign trail that we're losing the World Reserve currency, which would be worse than losing any war.
	But, you know, how can you make people want to take a currency that is being inflated away?
	We lie about the inflation numbers.
	Inflation's 11%, not the three that they tell us.
	Ask John Williams of ShadowStats.
	And if you're on the wrong side of...
	The U.S. agenda, like Trump said, we are going to put 100% tariffs on you guys if you keep doing this.
	That is not a tariff.
	That's more sanctioning.
	A tariff is put in place to protect your domestic manufacturing, which we don't have.
	And if he really does want to onshore all this and bring back the manufacturing, you're looking at the Great Depression.
	Because just the cost of bringing all that back, building the facilities, getting them modernized, teaching people and paying the salaries to...
	People in the United States, you're looking at a massive, massive increase in prices, and the supply chains will just crumble.
	They won't be as big and robust in a globalized world as they have been in a world that is more dollar-centric, protectionist.
	It's going to be an interesting, bumpy ride, and I don't think the BRICS have given up their aspirations, but what I do think is that they realize that they've got to keep a lot of this information closer to the vest.
	And worry less about the West and more about themselves.
	But you're right.
	This is a whole different administration than the previous.
	And I think there is an amount of respect and patriotage that you have to pay to Trump administration to not get on the wrong side.
	So it's going to be straddling.
	It's going to be less transparent, more opaque.
	But I do not believe that they have abandoned whatsoever.
	Their desire to continue to de-dollarize and build the BRICS ecosystem.
	They'll just do it in a different way.
	Yeah.
	Well, exciting times ahead, that's for sure.
	And I want to give out your website one more time, milesfranklin.com, and the email address, I think you said info.milesfranklin.
	Yep, that's the best way to get prices or questions.
	And please put Mike Adams sent me just so that we are able, or you saw me on the Mike Adams show.
	Just so that we are able to keep in our own records where all of this came from.
	And you have my word that we will do all we can to offer your listeners the best price, the best service.
	All of our brokers are very, very knowledgeable.
	Most of them had careers on Wall Street, private equity, Wharton School of Business, etc.
	I've known most of them my entire life outside of business.
	And I'm honored that they all work for us, as I am honored to be here.
	You know, the Chinese curse, may you live in interesting times.
	There's reason to be optimistic, but I'm telling you, I have a feeling, at least as far as the price of gold and silver is concerned, this may be the most exciting year for people who hold metal than anything we've ever seen.
	And the last four years have been crazy.
	Well, I've said, Andy, people ask me if I'm optimistic or pessimistic about the future.
	And I've said, I'm very optimistic for people who own gold.
	Very pessimistic for those who don't.
	I mean, this is going to redefine who is wealthy, I believe.
	If you have gold, you're the new wealthy or maybe the old wealthy that made it across the chasm.
	If you don't own gold, you're the new impoverished because you're sitting on dollars that won't buy anything.
	Well, and the worst thing you can do is think you own gold by having it all in GLD and SLV, which in my opinion will be the way for them to scoop up the lion's share of all that gold and silver held by the criminal cartel bank that has been the one to suppress it for all of these years, who paid the largest fine the Justice Department ever handed out.
	For suppressing the price of gold and silver, and they can look the world in the face and say, we didn't make it illegal.
	We didn't activate eminent domain.
	The prospectus gives us the right to do it.
	If you're in one of those funds, get out.
	Stop paying the 40 basis point management fee or thereabouts and buy the real thing in your own possession.
	Get out of the way of the great taking.
	Get out of the way of what's coming in traditional assets and hold assets.
	In your own physical possession, the way that the central banks are scurrying to do themselves.
	Yep.
	Well said.
	All right.
	Well, Andy, brilliant as usual.
	Thank you for your analysis.
	Thank you for your time today.
	And we'll do this again at some point.
	I hope so.
	Yeah, probably soon.
	It would be more honored to be on your show.
	I know I've said that, but it's true.
	There are very few people like you in this industry who see things as clearly as you do.
	So it is an honor just to be here.
	And I will look forward to picking up where we left off, and we'll see how things play out.
	But if Judy Shelton is right, and he's going to issue those treasuries by July 4th, 2026, we got about 15, 16, 17 months or whatever.
	Before things change for good, what's it going to look like between now and then?
	I have a feeling very interesting.
	Until next time, I look forward to picking up where we left off.
	If gold does go to $25,000 an ounce, I'll send you a few ounces that I'll be happy to let go of in exchange for $25,000.
	You can say you heard it here first.
	And I think, to be honest with you, it's going to go higher than anyone thinks possible.
	I really do believe that.
	Not to entice you to go get wealthy, but so that you understand that this system of a fiat currency that's lost confidence, the only way they get that back is to reinstill confidence through transparency and immutability, and that is exactly what this would be, but it has to be at a higher level, and it's ironic, or is it?
	It's coincidental that it's held in the gold revaluation account.
	I would argue it's a little bit more than coincidental.
	It's a plan.
	They know where it's going.
	They know what they're going to do.
	And we're watching it in real time right in front of us.
	Exactly.
	All right.
	Andy Sheckman, everybody, from milesfranklin.com.
	And the email he gave out is info at milesfranklin.com.
	So thank you all for watching today.
	I'm Mike Adams here of Brighteon.com.
	This is not a sponsored show, as Andy said.
	He doesn't pay me.
	I don't pay him.
	We're just helping you with information, and your dogs love the show as well.
	So thank you, Andy.
	Thank you for joining me, and take care.
	You too, Mike.

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