John Perez issues SILVER PRICE ALERT in new interview with Mike Adams
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All right, welcome, friends.
Mike Adams here, the founder of BrightTown.com.
On a Friday afternoon, we are joined by one of our great friends in the metal space, and it's been too long since we've had him on, and it's great to have him back.
It's John Perez, silver is money, man.
Welcome back, John Perez.
Hey, how you feeling, buddy?
I'm on top of the world.
I mean, the market is perfect.
It's doing backflips everywhere.
Everything's great.
We've got a colossal group of people, over 400 people strong.
There's money pouring in.
It couldn't be better.
It's dreamland right now.
So just to give our audience a background, gold especially has been skyrocketing, but silver as well.
And this is even as many other assets are just cratering because of all the chaos that's been thrown into the mix.
But I'm checking the markets right now.
Looks like gold...
Earlier today, hit 32.40.
And what did silver hit, John?
Silver has been sitting still really since October when we hit 34.88.
We're sitting at 32.33, low 32s right now.
But, you know, this is going to adjust here very quickly because I've never seen gold run this long, this far, without taking silver long.
So the spring is wound up.
Silver is like a slingshot.
Where it's pulled back, but they have yet to let it go.
And it's obvious that it's being managed.
But nevertheless, you know, our mining stocks have just been absolutely soaring.
More than gold.
More than gold, which is exactly what we expected here.
So it's gold around the world.
I mean, the system's cratering.
The Treasury's market is collapsing.
The bond markets are in trouble.
And this whole tariff piece, I let my people know, hey, back in October, November, I said, The tariff plan was really cover for basically pushing gold and silver higher.
And in my opinion, I believe Trump's going to reset a new 40-year treasury in July and reset gold when they take the live feed into Fort Knox with Elon.
So this, to me, the tariff is a big story, but I think beneath this story, underneath it, I think this is cover for resetting the dollar because people are dumping the dollar and everyone's leaving the dollar.
It's my theory and belief that Trump is going to follow the Russian plan of letting the ruble drop when he got sanctioned.
It dropped and dropped and dropped.
And then Putin came in and put gold by the gram under the ruble.
And I believe Trump's going to do the same exact thing.
And that's why he's demanding lower rates.
And he's even filed a bill to fire Jay Powell and to take over the Federal Reserve himself.
Wow. Okay.
So much to talk about here.
But from what you just said –
The theory is that Trump is trying to drive down the dollar right now, which apparently is working, so that he can then more cheaply back it with the gold reserves.
This also explains all of the gold that was being flown back to New York out of London earlier this year, the first three months.
But John, I've been wanting to talk to you for a while here.
Because on Monday when the market tanked and I saw silver drop below 30, man, I called my guy and like, how much silver can I buy?
You know?
And like I bought it just under 30 spot, man.
And I felt like I got the deal of the century and I just loaded up.
And, you know, the next day, boom, it starts skyrocketing.
So here we are.
And everybody else was panicked and freaking out.
Oh my God, sell everything.
I'm like, no, this is the buy time.
I would consider looking at platinum.
A lot of people don't know this, but the price of platinum is at the same place as it was in 2020.
So platinum has not moved in five years, and platinum is five times more rare than gold, and the majority of platinum comes out of South Africa and Russia.
And it's just a matter of time before they let platinum go.
Because back in 2006, when I was a silver trader at Monex, platinum was trading at $1,800 per ounce.
Right now it's $950.
And it was double the price of gold.
And you ask guys like David Morgan, he'll tell you platinum is 5 to 10 times more rare than gold.
So I think there's really something to be said about platinum.
In fact, I've been out.
Picking up platinum this week, I said, look at the price.
It's the same price as it was in 2020.
How magical is it that platinum has not been hit by inflation?
I think it's because it's Russia.
The last thing the United States wants to do is help Russia in oil and or precious metals and mining assets here.
So I have a feeling that platinum is going to make a move and there's a platinum to gold ratio.
You can see that there's a trade there.
So right now, silver, of course, number one.
But right now, platinum is right there and worth researching and taking a look at the history of it.
Yeah, this is truly fascinating.
Okay, so here's a big question.
So silver being both a monetary metal and an industrial metal, of course.
The reason it was selling off Monday is because people thought that because of the tariffs, there would be much lower demand for silver.
For manufacturing all of the goods that are affected by the tariffs, right?
But then Trump turned around and dropped all the tariffs on everybody except China, which means, you know, for 90 days anyway, or at least dropped them back to the 10% level, which is manageable.
So that affects, you know.
Taiwan is clear now, Korea, Vietnam, all these electronics manufacturing components that use silver in all their products, solar panels, you name it.
So all that's free and clear.
So, John, why isn't silver spiking even more now?
That's my question.
Well, I'll tell you.
I personally believe that, I mean, if you look at the price of gold to silver, we've been trading for three days in a row at a hundred to one ratio, but it's almost fixed because I noticed there's a pattern.
It's been fixed.
I do believe this is a government operation.
I do believe it's the Trump administration of grabbing silver and grabbing gold.
I mean, personally, I believe we're going to go to a bimetallic system here, and it's such a fixed rate.
It makes no sense to the average person walking by.
But I do believe there's an operation going on, and they're accumulating silver as much as they can before they really let it go.
Because, I mean, we're literally trading at a 45%, 40% discount to 1980 highs.
So, I mean, this makes no sense.
But this goes back to what Trump said he tweeted out in January 2017, which we just had a seven-year delta in January.
He said silver has been money throughout all of history.
And he said silver is the most undervalued asset on the planet.
He said that.
And you and I look at silver, the price, and it's like, this is undervalued.
It is the most undervalued asset in the planet.
I do believe Trump was signaling to everyone that you need to look at the most undervalued asset, which is silver.
You look at silver right now, and it's absolutely just been left behind by gold.
And I don't think it's an accident.
I think it's by design.
And I think the people accumulating silver right now are going to be heavily rewarded because when silver moves, it moves violently to the upside.
And I've seen, I think we're going to get a $3 move here pretty soon.
And then also, we have the problem at the LBMA and COMEX, which as you know, is a big giant derivative house using that fake paper to suppress the price down.
It's a matter of time before that lets go.
And the price is run, but it's also, I believe, going to trigger what I'd call Rule 589, which is going to basically, they're basically circuit breakers that allow silver to move up $15 a day for 10 days straight.
This is called Rule 589.
A lot of people thought it had to do with XRP.
It has to do with silver.
You can go to the COMEX website and type in Rule 589.
So 10 days, $15 a day, the circuit breakers go off at $15.
And if you look at the short position, I mean, it's just ridiculously overdone with paper.
I don't think it's going to be...
If we talk about the conspiracy side, the deep state, and Trump, if Trump's trying to collapse the old system of repression, suppression, and shorting, then he has to blow up the banking system, not by himself walking over there and hitting the button, but by letting the tariff system unfold and unwind until the derivative debt.
It's too expensive to borrow to hold back silver.
So I see the tariffs as the cover story that collapses the economy to where banks that are shorting silver, they run into a problem holding onto it because they're derivatives.
And also, the new SEC secretary is coming in.
He's working against shorting, and we have the DJT.
Donald J. Trump-RICO lawsuit going here.
So there's a couple lawsuits going on against Citadel and Virtue Financial.
Both those companies are shorting DJT stock as well as shorting in the silver department.
So there's a lot of legal wrangling going on under the radar.
Nobody sees it here.
We're all ready for it.
I can already see some stock that are being let go.
They've been shorted for three years.
I've been holding on to them.
Suddenly, they're taking off here.
So there's something going on here, and it's not something we're going to read on websites or YouTube.
You really have to be a deep diving guy to get in there.
And we're all in for this.
I mean, we are all in on this and it's working.
It looks to me, I told my crew this morning and yesterday, I said, look, you guys, I'm seeing activity and these stocks moving up so aggressively.
Something is going on.
They're letting go because the shorting is decreasing on certain stocks we have and we have stocks moving.
Now, you can add to that Goldman Sachs on Tuesday.
Gave the highest conviction buy for gold with a high price of $3,520.
I saw that.
Yeah. Followed the next day by J.P. Morgan.
J.P. Morgan, on Wednesday, is now promoting mining stocks.
And today, front cover CNBC, Newmont, one of the most active movers in the pre-market, say, popped up 7%.
So, in my opinion, we're off to the races, Mike.
We're going to blow up even faster, too.
So, you know, I'm over here.
I've been waking up since 2 in the morning, working two 18-hour days, just going through the news.
I said, it's happening, you guys.
Everybody get in.
It's going to go.
I've been through this before.
This is my second rodeo.
I went through this in 07, 08, 09, and I've seen it.
But this is 100 times more powerful than the last market year.
That's why I appreciate you taking the time to chat with me, John.
It's been too long.
Before we continue, tell people how they can follow your work.
I have a new website.
I'm at realjohnfperez.com, realjohnfperez.com.
I've got all my sites on there.
I'm on TikTok, realjohnfperez.com.
I'm on Instagram, realjohnfperez.com.
I'm on Rumble, realjohnfperez.com.
I just did a really good interview with Seth Holhaus at Man in America.
Gosh, we had almost 200,000 views on that.
It was a colossal interview.
I recommend that everyone should watch that interview.
In fact, Mike, you've got to watch that interview.
I really unloaded there a lot.
My group said that was their best interview you've ever done.
And it sums up what I see happening right now.
And it's happening.
I look at the interview and I thought, wow, it's doing exactly what I said it would do.
And you know me.
I'm out of the box in my thinking here.
So I'm on Telegram.
Our paid private group is a private group.
It's a paid group.
I broadcast all day long on Telegram at SilverIsMoney.
We have a public channel at SilverIsMoney.
You can get in contact.
People can join our group.
It's over 400 strong.
And everybody's happy.
I mean, we got money is pouring in.
It's beautiful.
We prepared for three years for this.
Couldn't be happier.
This is exactly why we're in this business.
We know gold's going up.
We know silver's going up.
But when these markets move like gold, the mining and silver stocks, they have leverage.
You get 5, 7, 10, 15x more than silver.
So if gold goes up 10%, I'm expecting, you know, 5x.
10x more in the mining assets.
And that's what's happening.
It's already happening.
We have stocks that are absolutely soaring right now.
And it's dreamland for us.
It's really, it's really, it's my whole career.
It's been 18 years in this business.
And this is absolute dreamland because the way to make money in this business, you've got to be in first.
You've got to be in the game before it starts.
You can't wait for it to move.
You've got to be in, you've got to speculate.
And it's very difficult if you don't have experience.
And that's where I come in.
I pretty much...
Coach everyone and monitor in our little stock club, and everyone is on fire.
Everyone is happy, which is really rare.
It's important also, I think, for people to understand that this is not over.
I mean, this isn't the peak.
I mean, things are just getting started.
Like, I'm still astonished that Silver hasn't moved closer to $50 an ounce, frankly.
Yeah. I think it's going to move aggressively.
I think it's going to move violently.
It's going to catch everyone off guard.
And it's going to cause a panic into silver.
This happened last time.
I mean, during the last run, I think it was 2010, I was doing a mining transaction in Arizona.
We were shipping like two tons of silver ore on a trailer.
And I'm watching the market that was trading.
And I was overseeing this project.
And when I got to Arizona, I was in Prescott, Arizona.
Silver was at $28, $29 an ounce when I got there.
We were basically selling a couple tons of ore for some bars that needed to be poured, dory bars.
By Thursday, within a two-week period I was there, silver jumped from $28 all the way to $34, then $36, $38.
Well, you know what happened?
The deal we signed suddenly was no good because it was based on the prices that were two weeks earlier, but silver had moved so fast.
We had to renegotiate that contract every three days until it was going.
And then that, it got crazy because then silver went to 38 and then 39, 40. And we're just looking at it and she's like, what do we do here?
I mean, this was insane.
So I think we're going to get that kind of move.
And ideally, in a perfect world, the COMEX finally gets liquidated, goes force majeure.
Rule 589 kicks in.
We get the big aggressive move.
And then those that listen to Trump saying most undervalued asset in the world will suddenly have the number one best asset in the world.
And by the way, gold and silver this year are actually the number one and two assets for the year.
Gold number one.
I believe silver is number two.
So, I mean, what's the Kentucky Derby?
We got the winning horse in second place right now.
Wait, you think Comax may default on its silver obligations?
Yeah, I do believe they're going to, and it's going to have to do with sorting the markets here, and it's going to have to do with the bank stocks here, because the Dow, I still believe, the Dow, I think, can go all the way down to $20,000, $15,000.
I think we still have a long way to go down.
And once these banks start getting all the foreclosures, the commercial real estate loans here, they're going to have problems here.
And this is what happened last time during the last crash.
We were watching the market crash and crash, and gold and silver were doing nothing.
Silver was moving.
And I thought, when is this going to decouple?
And then, boom, we had a day where silver, I mean, gold moved over $100, just like it did yesterday in the last two days.
$100 moves, and then, boom, it decoupled.
And I posted a chart on my Twitter feed.
On my Twitter feed, it shows the S&P 500 versus gold.
Total decoupling.
S&P is going straight down.
Gold is going straight up.
It is a technically perfect chart.
It is irrefutable that we are in a new trend, a new move of sector rotation, leaving tech stocks, biotech stocks, and all the traditional areas, and they're moving into gold.
And that's why we see gold money pouring in nonstop.
And then even the large mining stocks, we have large mining stocks that are just...
Soaring. But there's so much volume coming.
You can see there's billions and billions of dollars coming in.
But this is the smart money.
And they came in.
I told my group.
I read the JP Morgan press release.
I said, you guys, by the end of this week, we're going to see money pouring in like a tidal wave.
And sure enough, the next morning, boom, the stocks were opening up, gapping up 4%, 5%, 6%.
On Thursday, this morning again, boom, gapping up again.
I said, you guys, it's on.
Nobody sees it.
We're the 1% of the 1%.
I mean, I'm a specialist in this area here.
So we were ready, and the public doesn't see it.
Even the general precious metals public, and this is such a niche area, you really got to be in this full-time, which I am.
We see it.
We're happy.
And the money, I mean, a lot of people doubled down.
When it went down, we pulled back.
Millions poured in and people just dollar cost average and bam, the stocks came right up, putting people right in the money instantly.
And this is what's happening behind the scenes.
But back to the silver thing, I do believe that there's going to be an issue at the COMEX and it could be the government.
There's a lot of silver coming in.
I think the government come in and say, hey, you know, Elon live feed at Fort Knox, we're going to reset the price of gold.
And by the way, if we do that, the United States used to be on a bimetallic system.
And what people don't know is that on Liberation Day, which was April 4th of this year, that was the delta to the same day that they demonetized silver back in 1873.
So that was a signal to the world.
Liberation silver was demonetized April 4th, 1873.
Liberation Day, I told everyone, get ready, you guys.
We're going to roll here.
And sure enough, he launches the tariff war and gold just takes off.
It's like, what about silver?
I said, don't worry about it.
Let them run the gold.
That's going to be bringing the big boys.
And then later on, I go, we got the COMEX still holding the paper down.
I can tell it's an operation.
This is absolutely, it's a managed detonation is what it is.
They are literally managing.
Controlled demolition.
That's the term I'm using.
That is it.
It is a controlled demolition.
Yes. You work with a lot of traders who are actually profiting from this.
However, my audience and my message to my audience typically is simply about wealth preservation.
Just trying not to lose assets.
And by the way, I don't own any stocks whatsoever.
It's been that way for years.
I stack metal.
I've been doing that for years.
I've been telling everybody to do that for years.
And it has outperformed the stock market.
Like, every year, but especially now, it's outperforming like crazy.
But, John, speak to the fact that, you know, look, even ETFs have counterparty risk.
Stocks, obviously, counterparty risk, you know, not to mention derivatives and all that.
But physical metal in your hand, it's the only asset that doesn't depend on somebody else keeping the word on their obligation.
You know what I mean?
Absolutely. In fact, it's a requirement.
In order for anyone to join my club, they have to hold 1,000 ounces of physical silver.
That's rule number one.
I tell people, this is your economic body armor.
This is your life jacket.
This is your insurance.
You buy it, you bury it, forget about the price, and then we move on.
Then from there, we take on different risk elements above that, but you have to have that asset there because that's your life jacket, your life belt.
It doesn't cost, I mean, what is that, like $70,000 or something like that?
Yeah, it's really $1,000.
It's $30,000 plus.
What am I saying?
Yeah, you're paying $19.79 prices for it.
Yeah, so it's less than $35,000 to have $1,000 ounces of silver, right?
Oh, yeah.
Oh, yeah.
You know, I've moved probably...
$20, $30, $40 million in physical silver in my career.
And you know what?
It's the best thing in the world.
We started the club when silver was around $17, $18.
And everyone is almost up 100% on their silver.
Spent $16, $17, $18 here.
And some people bought the pre-65 coins.
Other people just bought up.
And now everyone's right now.
You get a group of people.
Everyone's, we're all in the money on our physical.
Now it's time to make money in the stock market.
And that's where we're at.
And people know, it's like, we feel it, John.
We see it.
You can see the money coming into your account.
This three days in a row, I tell everyone, your accounts are going to gap up in the morning.
You're going to wake up.
It's going to be instant green.
And every morning, three days in a row, I said, has that ever happened?
He goes, we've never seen this before.
I go, the money is on the way.
I said, why?
Goldman Sachs, highest conviction.
JP Morgan, promoting mining stocks.
I said, those are the two.
The gods of banking finance.
These people rule the world and they rule the United States.
When they speak, everybody listens.
Everyone in the banking and finance world.
And lo and behold, the numbers show it.
The stocks are all on the move after those press releases came out.
And it's incredible.
I mean, like I said, I went through this last time and I made a big deal about this and did long shows about the Goldman Sachs.
Press release, I dissected it, went over every sentence, did the same thing with JP Morgan here.
I said, we're all going up, we're all making money, and sure enough, the last two days, everybody's up.
Everybody's up.
Big, big time, too.
And not only on their physical, their gold, you know, and their silver, but now the risk assets in the mining sector here.
And that's, I see in the future when, as gold and silver go higher.
Basel III, when they finally implement their rules, they're going to require that banks have a certain amount of gold to back their loans as a Tier 1 asset.
Since gold is a high-quality liquid asset, I'm going to make a prediction here that the mining stock are going to become Tier 1 assets equal to or not superior to mortgages where housing is actually pulling back.
Well, that's a big prediction right there.
Oh, it's going to happen.
It's going to happen.
Remember the subprime mortgage collapse with the CDOs?
And of course, that's now happening in commercial real estate.
Collateralized loan obligations, right?
The CLOs are collapsing nationwide.
We're going to see bank bailouts.
And the bank bailouts, the last time that happened, Silicon Valley Bank, what happened to silver premiums?
They shot up to like $12 an ounce premium on top of spot.
Remember that?
Yes, yeah, I think we've got, well, commercial real estate is just, is in big, I mean, you see buildings are selling at 55, 65, 75, 85% discounts with the largest mall in New York just went bankrupt two days ago.
Yeah, I saw that.
You know, so there's a colossal wipeout there.
And then residential real estate is literally going off the cliff.
I have a channel called Real Estate 9-11.
I document this stuff.
And people say, where are you getting this stuff?
I go, I'm in the business here.
I don't see this anywhere.
I said, you're not going to see it anywhere.
I go, that's why I do this work here.
It's specific to what we do.
It is directly related to gold and silver because it was last time when housing crashed and the MBS loans and Countrywide and everyone else went down.
They finally took down the banks and the banks, what did they do?
Remember, they cut off everybody's equity and credit lines and that wiped out real estate almost overnight because they called in everyone's equity lines because the value of the homes went down so low in the contracts, the loan to value, they don't finance 100% loans.
And if your value of your house drops 20% and you got an equity loan on that thing for 100 grand, And your house drops 20%, you're going to get a 20% margin call.
That happened last time.
Nobody talks about it.
I was in the business.
I watched it happen.
It was a total wipeout almost overnight because everyone that had an equity line, if they were making your bill payments or you had rental payments there, all of a sudden, no more credit line or they cut off your balance and left you with a balance there.
But you had to increase your margin because let's say your house was...
You know, estimated to be worth a half a million dollars when you got your loan and the house drops 10%.
Well, that's 50 grand.
And if you got your loan out at half a million value and all of a sudden it drives 10%, you look at the contracts in there and the details, there's a loan to value piece.
So if the house drops under a certain point, you got to make a margin call.
And if you're living off equity, credit and rental space, you're in big trouble.
That happened last time.
I talked about this two years ago in another interview I did.
Regarding housing, that's coming.
That's coming, too.
These are the things that people don't see, Mike, and no one talks about it afterwards here, but it's going to happen.
I mean, eventually, Washington Mutual, WAMU, was purchased and taken over by J.P. Morgan because they collapsed because they had all those bad loans.
And that was a huge bank, Washington Mutual.
And their stock went to, like, Bear Stearns.
They all had something that was mortgage and derivative-related.
Uh-huh.
Yeah, yeah.
We got a lot of dominoes coming.
Okay, so housing, but also I would imagine, you know, retailers are in real trouble too.
And the one thing, the one area where the tariffs are not resolved is, of course, with China.
Now, you know, I have a lot of sources in Taiwan and people in Asia and sources of business owners in Asia.
I'm being told by everybody, 100%, that there's no way China backs down.
China does not back down on this.
Trump's going to either just drag us through this for years or Trump's going to have to blink.
In the meantime, because I don't know what Trump's going to do, but in the meantime, U.S. retailers are screwed if they depend on a lot of stuff from China, right?
So how's that going to factor into this whole picture?
Well, I agree with you 100% regarding China is not backing down.
And in fact, yesterday I was reading that they're the ones dumping all their treasuries and they're going to be converting to gold, which I think that's a future story that will be reported.
I don't see China backing down.
And there's something else that's even bigger than all this too, Mike.
Remember when we sanctioned Russia, Russia took over all the Starbucks.
There are 5,000 McDonald's in China.
If this gets nasty...
They've already sanctioned.
I don't believe American companies in China cannot wire money out of the country right now.
And if this goes next level, which it looks like it is, and it can be, we've got Nike, New Balance, all these American manufacturers out there.
In Russia, they seized all the Starbucks.
There's 5,000 McDonald's out there.
Can collapse a lot of really big blue chip stocks if they seize assets.
So how far is Trump going to push them?
You know, that's a big, big deal.
And I think that we have a colossal structural collapse in markets here.
If Trump pushes China to maximum, when he just went to 145% tariffs, if he goes to 200 and it really starts to cost China here.
They can inflict some pain by selling more treasuries, but also basically seizing monies in China from, I mean, trillions in businesses that are operating in China.
And also, remember that China's exports to the USA only account for 15% of China's exports.
So it's not like the USA has a sledgehammer over China's head here.
You know, China can endure this.
The question is, can Trump endure it when the American people find shortages across the supply chain, including in food products.
There's a lot of food products that come out of China.
Supplements and so on.
You know, John, I'm in the supplements industry, but 10 years ago, we went China-free on everything except goji berries.
Right. So we don't even have China in our supply chain for the most part.
So we're not impacted.
But a lot of people will be like GNC stores, right?
Like, probably 80% of their stuff comes out of China, I would guess.
Oh, okay.
Yeah, that's where people get, like, all the vitamin C in the world, except for ours, it seems, comes out of China.
So anyway, Trump's going to take a lot of heat from people because they're going to end up having to pay more.
You know, price inflation at retail is going to be high.
And as far as I can tell, John, I think this is just going to drive more and more people to sell the dollar and buy gold and silver.
Yes. Because they're going to see the writing on the wall.
Yes. Yes.
And one more thing.
This morning, Trump put in a bill to write up to delist all Chinese companies.
Now, everyone should go to the Chinese stock market and count how many of the largest companies in the world are publicly traded that trade in China.
But they're listed here, but they trade in China.
And if China shuts them down, that stock market will be such a...
Trillions and trillions lost overnight.
So if Trump delists Chinese companies here and China retaliates by doing the same thing, which seems to be what they're doing, they're playing ping pong, we could see, they can just sit there and say all monies that are blown to American companies are going to be held,
seized, until Trump releases Chinese companies to be traded in America.
This is a multi, multi-trillion dollar time bomb.
That Wall Street will not be ready for.
No one's going to see it.
And it has to do with how far will Trump push them?
If he delists these Chinese companies, then that opens up the door for China to retaliate and say, well, we're going to do the same thing.
We're going to take your publicly traded companies and we're going to shut them down.
You're not going to work until further notice.
You know what the stock market will do, don't you?
Imagine if McDonald's gets shut down.
Oh, yeah.
The market cap there.
I mean, people are holding, these stocks are in gigantic index funds, funds, pension funds, mom and pop, retirement funds, and that stock goes down.
I mean, I just want to know one thing.
Did Warren Buffett sell his McDonald's stock?
I didn't find out.
Who has recently sold big chunks of McDonald's stock?
That would probably be a signal there.
Right, right.
At the same time, you know, China can wreak havoc not only with the rare earth minerals export restrictions and not only selling off treasuries, but China can wreak havoc by threatening Taiwan and threatening the microchip industry.
And on top of that, you know that China has a lot of influence with a lot of other countries.
So China can just move factories to Vietnam and just export out of Vietnam.
So, you know, this happens all the time in Asia, right?
So Taiwan...
China has set up a lot of factories in China over the past 25 years.
Well, Taiwan's going to bring a lot of those factories back to Taiwan and just make it in Taiwan, set those up.
But it's still going to be, a lot of it's going to be Chinese raw materials that are shipped to Taiwan.
You know what I mean?
Like China, you can't really just blockade a whole country like that.
Oh, no, I think people underestimate the strength of the Chinese economy.
And then also, I mean, I don't see, if Z rolls over, He's not going to because this gets down to a pride and identity issue with China as a country that Trump comes in there and just blows him over like a paper tiger.
And as you said, the amount of exports coming out there, it's not going to prohibit them.
In fact, I think a move against publicly traded companies in America, I mean in China, operating in China.
You know, like all the shoe manufacturers.
I mean, there's so much being manufactured over there.
And I think that that is probably, if that goes, Trump will have to deal with the American blowback here.
Well, I mean, you see people 401ks and retirements, like McDonald's just got, you know, was shut down or seized.
Or all of a sudden, Z just said, hey, we're going to shut you guys down.
You're only going to work, you know, three days out of the week.
You know, not five.
We're not going to shut you down completely.
I mean, that would send shockwaves around Wall Street.
But I got to throw this in here.
In Trump's first term, do you remember when Trump publicly told all the companies in China, bring your manufacturing home.
We'll repatriate you.
We'll give you tax breaks.
And what did they say?
They said, screw you.
We're staying here in China.
So Trump, he's got to get out of jail card.
We made him an offer.
They could have came home and repatriated.
They chose to stay in China, and here we are.
So that, to me, was down the road.
If they come against Trump, say, hey, look, I asked these guys to come home and bring manufacturing and jobs home.
And now, if China delists these companies or puts them out of business to where they're out of business for a certain period of time, then manufacturing here at home, Wall Street is going to say, well, he did.
Give you the option to come home with tech breaks.
Now you did it the hard way.
Trump operates on that level.
He says things, Trump, and he doesn't forget.
He holds grudges.
He tells you, you know, the eye for an eye.
That's Trump.
He's an eye for an eye guy here.
And he's going to say, look.
You know, we gave you guys the option to come home and you could have gave you tax breaks, but you waited.
And what is he trying to do?
He's trying to bring jobs back to America.
Manufacturing, he offered them to come home, but they chose not to.
And now here we are in a tariff war and they had a fair choice to come here.
I honestly think that that is going to come out and it's going to play out in the news down the road.
If it goes to that point, we see stocks go down.
What's going to happen?
Trump wants a weak dollar.
He wants that dollar as low as it can possibly go, the rates as low as possible.
So what?
If he gets it down to, say, 1% or 2%, he can refinance all the debt.
Everyone can refinance their houses, you know, and we can refinance the debt.
If the Dow Jones goes down to 20,000 points, he can reset the price of gold in Fort Knox at a Dow 1 to 1 there, let gold run.
Back the 40-year treasury in July with Judy Shelton.
Back the 40-year treasury with gold after it crashes down.
And then all of a sudden, just basically follow the same Russian model there.
And it's very complex, but this is what I gave in my interview with Seth this weekend on that.
And it was complex, but I try to keep it in plain English here.
Trump did offer everyone the chance to bring their factories home.
Bring home jobs, and they chose not to go there.
Remember in Mexico, Maytag?
If you open up in Mexico, 100% tariff, and they said no, he's not going to hold back.
I think Trump has got there with a billy club.
I think he meant business when he said that.
But let me counter this by saying that as an employer myself, and running manufacturing in Texas and monitoring all this, I think it's a myth that You can set up a factory in America and that there are all these skilled,
ready, healthy workers just waiting to jump into nine to five factory jobs.
Like, that doesn't exist in America.
I can assure you that doesn't exist.
And the only people...
Yeah, I mean, look, the typical American doesn't think they should have to work.
They're like, I'm a consumer.
Just give me a UBI and let me buy shit.
But I don't make shit.
No, the illegals make this stuff, but the illegals are being increasingly deported, which means, like, who's going to run the factories?
And the only answer I can come up with, which is going to take a couple years, is robots.
Because, look, I mean, I'm in my mid-50s.
The only people 50 years and older actually had, like, the hands-on job experience working in a factory, running machines, doing things with their hands, you know, for the most part.
There are a few exceptions, but you know what I'm saying?
But today's 20- and 30-year-olds, they can't change a car tire, man.
You can't bring them in and say, hey, let's run this factory.
No, they're like, what?
I need my mobile phone, you know?
You see what I'm saying?
Yeah, no, I agree with you.
I think there's a problem here.
And I think, you know, just some of the rumors and some of the talk about Trump dropping all these welfare programs here, they're digging into a lot of things there.
We have too much, I think we have too much of a safety net that almost gives people the right to stay home and just have kids and not work.
You know, it's like, you're a single mom, get divorced, here's some money.
It's like, you get another kid, we'll give you more money.
You know, that system is there where it doesn't, it's not really a motivating factor, but I agree with you on the job side of things.
There's going to be, there's no doubt there's going to be pain coming here in the future here.
And I don't know how they're going to deal with it, but I think the cost of living is going to come down.
And Trump made another comment regarding real estate.
Trump said in a speech that he was going to bring the price of housing down so a single employed income could afford the price of a house.
I thought, well, you can't do that unless you've got a 60% downstroke on the price of housing.
Yeah, you've got to crash real estate.
There was another article yesterday about how the Chinese can crash the housing market.
Well, the Chinese hold, I think, $1.8 trillion in mortgage-backed securities that are American-based.
And they can dump them.
Well, if they dump them, that would be great PR for Trump.
And Trump's going to go back and forth.
I think he's going to make a deal, no deal.
I think at the end of the day, Trump is going to make a deal, but there's going to be damage control no matter what.
But there's got to be a deal here, because if it goes...
If it goes, you know, FUBAR, then we can see American companies seized or shut down in China, and that would just trash the S&P 500 and the Dow because so many large multinationals are trading on the markets.
They also manufacture there in China.
Yeah, well, I think it is going to go somewhat FUBAR.
Maybe FUBAR divided by two.
I don't know.
I'll end it with this, because I want to be respectful of your time, John, and thank you.
But I think whatever happens, Trump is going to print currency like crazy, no matter what.
Whether it's UBI, bailing out the banks, bailing out the pension funds, bailing out subprime mortgage collapse 2.0, whatever, the big short.
He's going to print like mad, and that means...
The best way to preserve assets is gold and silver, period.
Absolutely. 100%.
100%. Yes.
I mean, listen, people out there, go get silver.
Go get physical silver.
Bring it home.
Buy it and bury it and forget it.
It's going to blow up.
The price is going to go up 100%.
Silver and gold, I mean, that's your life jacket.
That's, you know, your economic body armor against printing, against the man, against the Fed, because they have a license to print.
And of course, it's...
If it's national security, they're just going to be printing and pouring 55-gallon drums of green ink into a machine every hour until they get what they need to get done.
They won't hesitate on that.
That's right.
They'll print trillions.
Yeah. Gold and silver skyrocket.
Dollar will go down.
And then guess what?
They're going to jack the rates down.
And Trump knows.
He knows.
Look at oil.
Oil has gone down.
We're under $60 a barrel.
So at the pump...
Gasoline's cheaper.
Well, that's a side benefit for transportation and stocks and shipping companies.
That happened in the last crash, too.
We went straight up and then we pulled all the way down.
There's one more thing.
There are two aircraft carrier task groups on their way towards Iran.
Yeah. Yeah, I know.
We got so much going on, Mike.
I mean, I've been doing this for a long time.
And I mean, I tell my people, I cannot keep up.
With all the fundamental reasons that are going to launch silver and gold to the moon.
There's too many rockets.
It's like we have a 10-stage rocket ship with silver at the tip, and there's a million reasons for it to go higher and higher.
In fact, it just came out today.
The energy secretary said, we are looking at military action against Iranian foreign energy assets.
And I know what they're going to be looking at.
Just remember this name.
Karg Island.
Karg Island there in Iran.
That is where I think their action is going to be because that's an oil terminal where they fill foreign tankers at.
And they were very specific about looking at Iranian foreign shipments of energy.
And Karg Island was the place they hit last time in the 80s.
I think they're going to do it again.
Well, it's just like the U.S. Navy blowing up the Nord Stream pipeline that serves Western Europe and then saying, hey, all you suckers, buy our natural gas from America.
Good luck.
Did you know that one of Trump's biggest donors is now trying to buy the Nord Stream 2?
At a discount, I would assume.
Yeah. So, Hideo, yeah, there's so much going on.
Of course, they just landed some B-52s and B-2s over at Diego Garcia.
Yeah, so they're ready to go to town.
There's some stuff that's going to happen.
And you've got the Taiwan issue.
I think we have yet to see that.
I think keeping an eye on the direction of carrier groups here is going to be a big ticket item here.
But we'll see.
I can see Trump pushing it to the limit and saying, deal, no deal.
Because another thing, this week they had one of the biggest destructions in shorts in history when we had that big run-up.
Everyone... Was shorting the market and Trump said, hey, we got a deal.
The stock market went up.
And then he goes, oh, they're going to retaliate.
Then the stock market goes down.
I mean, he is whipsawing the shorts and the longs.
And Trump is not a stock guy.
He's not a Wall Street guy.
He's a real estate and leverage guy.
He is a debt leverage guy.
And he's looking out.
You know, he has a choice.
Is he going to please Wall Street or is he going to please Main Street?
I mean, Wall Street's never going to be pleased with him except certain players.
But he knows that Main Street.
Is expecting him to get the job done here.
So I think in a lot of ways, we have to look at Wall Street and Main Street.
Hey, if Main Street has silver and gold, I mean, you could almost say, hey, why is silver staying down so low?
It's like, well, Trump did say it was the world's, you know, most undervalued asset.
There's nothing stopping someone of his caliber and his presence to basically put an order in that, of course, none of us would ever see to keep the price of silver down to let more and more people accumulate that.
A wild theory of mine, but I do believe that's in the cards too.
There's too much upside in silver for Trump not to say anything.
In fact, there's one thing for sure.
You will never hear Trump ever say the word silver.
He won't say it.
He will not say the word silver.
He'll say gold, but he won't say silver.
And I know why he won't say silver, because there's too much national security demand for it, jewelry demand, industrial demand.
Monetary demand.
And the minute he said silver, it will explode.
In fact, Trump could destroy the COMEX and the LBMA.
All he has to do is say, hey, look, everyone should consider taking a look at silver.
The price is so cheap.
Here it is sitting at 1979 prices.
What did he say the other day?
He said it's a good time to buy to the stock market.
And the stock market soared.
Oh, how I wish he would have said it's a good time to buy silver.
Well, maybe we could get him to say sliver.
There's a sliver of a chance that something good might...
Did he say silver?
No. He said sliver.
He's dyslexic.
Okay. Well, John, this is an awesome update.
Thank you so much for taking the time.
Hey, keep in touch and we'd love to hear your analysis down the road.
In the meantime, everybody should check out your website, MikePerez.com.
That's it, right?
Thank you very much.
That's it.
Yes. All right.
Yes, I'm very active on Instagram and TikTok.
Very active there also.
And my Twitter feed is at Comstock Royalty.
I'm on there also.
I've got a lot of videos coming out and stuff.
So a lot of fun.
Thank you very much, Mike.
I appreciate it.
All right.
Thank you, John.
Have a great rest of your day.
Okay. Bye.
For the fact that the dollar is going to continue to erode in its value.
We've got gold and silver options for you that really make a difference.
This is a big deal.
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Those are a quarter ounce each.
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So get ready and help support us.
HealthRangerStore.com and RangerDeals.com.
I'm Mike Adams, the Health Ranger.
Thank you for your support.
God bless each and every one of you.
God bless America.
And join me in praying for peace and praying for the restoration of our constitutional republic.