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May 13, 2025 - Health Ranger - Mike Adams

01:20:44

Andy Schectman tells Mike Adams why BRICS is only ACCELERATING under Trump's trade wars

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	Welcome to today's financial interview.
	Our special guest today is our returning expert and the man who first told us all about BRICS many years ago, and he's been proven right again and again and again, and we've seen a lot more action in the direction of BRICS settlement systems.
	We'll talk about that today.
	But our guest is Andy Sheckman, the CEO of Miles Franklin.
	I'm Mike Adams, and welcome.
	Thanks for joining us all today.
	Andy.
	Welcome.
	It's great to have you on, brother.
	It's great to be here, Mike.
	You're one of the best in this industry, and I follow you and try to catch everything you're doing.
	So it truly is an honor to be here.
	Thanks for having me.
	Well, look, it's an honor to have you on.
	Let me explain to the audience.
	I'm not on camera today because I'm not in the studio today, but this is such an urgent time.
	We have breaking news where the Trump administration announced a 90-day cessation.
	of the, quote, Liberation Day tariffs that the Trump administration slapped on China beginning April 2nd, but then it cascaded into higher and higher numbers, I think hitting 145% tariffs.
	Until now, the tariffs, the imports from China, those tariffs have been dropped to 10 plus 20%.
	10% floor plus 20% as a fentanyl penalty.
	Apparently.
	So it's 30% instead of 145%.
	But Andy, I don't know of any, I'm not aware of anything that China gave.
	To me, this looks like a capitulation by Trump.
	Basically, Trump blinked, reversed it because of the severe economic damage to America that was on the way to happening to the retailers, the auto industry.
	No, I mean, I think that's exactly what it is.
	And I think someone probably explained to President Trump that, look, you know...
	There's something called Triffin's Dilemma, which basically says if you are the world reserve currency, you will maintain.
	It's almost impossible to not maintain trade imbalances.
	The world needs more dollars than they can achieve simply through trade.
	And so we export our dollars.
	Therefore, ultimately, we are offshoring our manufacturing, hollowing out our manufacturing capacity, allowing these countries to, in essence, trade us their cheap goods for our paper currency.
	It's a fair deal in most analysts' view.
	But if you realize that being the World Reserve, you will always have a trade imbalance, then you must also realize that these are the countries who have enabled us to have cheap goods, to have low interest rates, to have high asset prices, and to...
	We live arguably beyond our standard of living, and you can see what happens when we start to mess with that.
	You know, I was watching a show just the other day, and there was not one container ship in the port in Seattle.
	So you're going to start to feel reverberations, let alone the fact that so much in terms of even U.S. manufacturing, the parts and pieces come from places like China.
	I guess I'll just simply say this, Mike.
	I think that a nation that can't produce what it needs in a crisis, especially, is very vulnerable.
	And putting tariffs, strategic tariffs, on critical manufacturing things like steel, like semiconductors, like pharmaceuticals, I get that.
	But by implementing blanket tariffs across countries like China, I think we'll have...
	Ramifications, reverberations across this entire economy that could very, very quickly send us into an economic spiral, and I think maybe that's what he's realizing.
	And really, approaching the midterm election season pretty quickly here, too, with the possibility of empty shelves.
	I'm very familiar with...
	Chinese culture.
	As you know, I speak Chinese.
	I lived in Taiwan.
	I used to travel and give speeches around Southeast Asia.
	And the one thing that I know about Chinese culture, especially the leadership of the CCP, is that they're very long-term thinkers and they're willing to suffer.
	They are willing, I should say the leaders are willing to make their people suffer for an extended period of time to win something strategically.
	Geopolitically.
	Whereas the American people don't have that appetite for suffering.
	It's like if the shelves are empty one day, it's the end of the world, you know?
	So I saw that China was not going to capitulate on this from day one.
	And as far as I can tell right now, they have not capitulated.
	In fact, they were in the process of evading all the tariffs.
	They were setting up, you know, second...
	Hand factories in Thailand and Korea and many other countries, Malaysia.
	And the imports were going to bypass the Chinese tariffs anyway.
	So I don't know what this accomplished by Trump other than a massive disruption that's still going to play out.
	And the number one thing that Trump wanted to, quote, correct was the trade imbalance with China.
	And I don't think that anything has happened that's going to correct the trade imbalance.
	Do you?
	No, not at all.
	In fact, just last week, Reuters even confirmed a wave of dollar dumping across Asia was the name of the article, I believe.
	And basically, the caption said, this ends a decades-long trend of recycling surpluses into U.S. debt.
	So, no, I don't see.
	In fact, I think you're beginning to see the consequences of this type of behavior.
	And the way that you explained it, I think, is spot on.
	That they are willing to play the long game, and you can see at the same time they are willing to come to the table with the Trump administration, they are doing all they can to really build Plan B. And you can see that in the moves that they are making, whether it be by the Shanghai Metals Exchange right now, whether it be by the establishment of their new...
	Renimbi cross-border payment system, the expansion into many of the countries I'm sure we'll talk about, and then a very big announcement made by the Russian finance minister that would exactly say what you are saying, that they are indeed at the same time placating or trying to attempt to placate at least publicly Trump and come to the bargaining table.
	They are building out a plan B. And the very, very fact that they didn't capitulate.
	To me, it is not surprising at all.
	In fact, I think we could argue perhaps that the leverage that we think we have maybe is not as strong as it once was.
	Well, I'm glad you brought up Russia, too, because right now Russia is facing additional sanctions from the United States if Russia refuses to agree to, I believe, a 30-day ceasefire with Ukraine.
	And at least as far as I know right now, Russia has said, no, we're winning this war.
	We're not going to agree to any ceasefire.
	And what are you going to do?
	Add to the 25,000 sanctions that you already have on Russia?
	Oh, make it 25,005?
	You know, who cares?
	So I think what we're seeing is, in this case, Russia not capitulating.
	China also not giving in.
	No one is surrendering.
	To America's demands, except our allies like the UK, but that was expected.
	But I don't see that Trump's tariffs have done anything to build factories in the US yet.
	I mean, maybe over a few years that will happen, but I don't think it's done anything in the short term other than cause a lot of disruptions, a lot of panic, a lot of businesses going under.
	I hope I'm wrong because I'm pro-America.
	I want to be clear.
	I'm not working for China, but I'm trying to be a realist about where this is going.
	So your take, Andy, on the Russia, China, what they have in common.
	Yeah, you mentioned the UK capitulating in psych.
	I think it was Dave Kramsler who said it's like too drunk.
	The largest indebted country in the world and the second largest.
	Working out a trade deal, it's like two drunk guys standing, leaning against each other to keep each other from falling over, which I found to be very interesting.
	And you're right.
	And it's also not just China.
	It's former rivals that are also joining together, China, Japan, South Korea, and other Asian nations have jointly committed to reducing dollar dependence and expanding trade in local currencies.
	Resisting U.S.-centric protectionism.
	They've publicly come out and said that.
	And in terms of Russia, the comment that came from Sergei Lavrov to me is really the key to a lot of what I started talking with you about years ago.
	And it comes all together with exactly what you're saying, the long game that is being played.
	So if we look at What just happened?
	Like over the last two weeks, we see the People's Bank of China connected its digital RMB cross-border settlement system.
	They call it the bridge.
	It is Enbridge.
	It's the Enbridge technology.
	And they connected it to 10 of the Asian nations, which are the countries in Southeast Asia that you're familiar with, along with six Middle Eastern nations.
	So that in and of itself is 38% of global trade.
	Oh, wow.
	What's interesting about this settlement?
	System is that it's free from Swift interference and it takes seven seconds to clear like that, whereas Swift takes three to five days with 98% lower transaction fees.
	But watch where I go with this now, and I have not heard anyone say this.
	I think I'm the only one who's been saying this, and I don't know why everyone's not screaming what I'm about to tell you.
	But I want you to think of things in a little bit of a different context.
	You know, what turned me on to the BRICS, Mike, way back when, was learning the Belt Road, which is, I'm sure, since you lived in Asia, you understand the Belt Road Initiative is the largest infrastructure project in human history, and it's connecting, you know, Asia and South America and parts of Europe and Africa with roads and bridges and maritime channels and all this kind of stuff, commerce predominantly.
	And patrolled by military, but it represents right now north of 70% of human population, over 50% of global GDP.
	Also think about the Eurasian Economic Union and the Shanghai Cooperation Organization.
	The Eurasian Economic Union are countries that end in Stan and Kazakhstan, as an example, and the Shanghai Cooperation Organization is the largest regional financial and military organization in the world.
	The president of Belarus has been screaming that these two entities should be paired up with BRICS.
	And the Belt Road Initiative, again, all of these groups are not part of BRICS, yet they are very closely aligned with them.
	All of them are.
	And so here's where it gets interesting.
	So this deal that they just set up with the Asian nations and the Middle Eastern nations is 38% of global trade.
	Then you look at the Belt Road, which is 50% of global GDP, 70-plus percent of human population, and add in the Shanghai Cooperation Organization and the Eurasian Economic Union, not only are you talking pretty damn well near 90% of human population, you're talking the majority of all of the production of rare earths and commodities, the 70, 80, 90% of all the refining of the rare earths, the majority of shipping lanes both on land and on sea.
	Three of the four largest nuclear arsenals.
	I keep going on and on and on how big this is.
	But what's really, really interesting when you put all of this together is the comment that came out of Russia just the other day.
	Sergey Lavrov said this new system, which, in fact, Brazil is running the meeting this year for the BRICS, and it's in July.
	And the guy running it said, we want to really talk about a new payment system for the BRICS that is independent.
	Of swift interference.
	Well, here's this technology.
	Seven-second clearing, 98% less time, and it clears instantly free from...
	Swift interference.
	Well, Lavrov comes out and says, yeah, that's all fine and good, but we are also intending to offer this to non-BRICS members.
	So I want you to think of all of those groups that are tied in right now.
	And then at the same time, the Shanghai Metals Exchange comes out and says, we are in the process of opening metals warehouses in other countries like Saudi Arabia so that we can settle trades or internationalize the yuan, the complaint.
	Everyone always said they'll never do that.
	They are internationalizing the yuan to trade and settle in yuan and settle any imbalances in gold that will be in the vault that's in another country.
	So they're opening up and expanding this network of settlement systems, both the bridge system and to settle the imbalances in gold, which they've all been buying massively.
	And now they're opening it up to countries that are not in the BRICS.
	But my first thought is it must be.
	These countries that are closely aligned with the BRICS initiative and with the BRICS countries, but haven't crossed that line yet, let alone the 40 countries that have applied either officially or have expressed interest in joining BRICS to this next meeting.
	So, yeah, I think they're expanding quickly under the seams that no one really quite sees yet, but I think this deal right here is as big as it gets.
	That's huge, what you just mentioned.
	It's important to underscore that what Trump did on Liberation Day, even though he may have had good faith reasons to try to restore U.S. manufacturing, etc.
	And there were some companies announcing investment in U.S. factories, which we'll get to that in a minute.
	But if anything, this incentivized the rest of the world to accelerate their embracing of BRICS.
	It's like every time that I think BRICS is kind of slowing down, Then the U.S. does something to put turbo boost mode on bricks because everybody else...
	I mean, think about it.
	If you're in a nation like India or Turkey, if you run India or Turkey, you wake up, you never know if today our factory is going to have 100% tariff.
	We don't know.
	It depends on what Trump says today.
	Well, that's not cool, actually.
	You can't build an economy based on that level of lack of predictability.
	If you're going to make an investment and you have a 20-year payoff at a factory, you can't do that if you don't know what's going to happen with tariffs.
	So, Andy, hasn't the whole tariff situation from Trump, it's really just put another huge reason into the hands of everybody else to embrace bricks?
	Yeah, and you know, this is what conspiracy theories are born from, Mike.
	You have to wonder.
	Is it part of his actual intention?
	Is he trying to do it?
	Because to not see the unintended consequences, I think, is naive.
	Now, let me just simply say this.
	I'm a patriot.
	I thank God every day I was born in this country.
	I do, and I got three kids, and I want them to have opportunities that you and I had when we were young, and to look at the world as your oyster kind of thing, and to allow our essential industrial services,
	Telecom, like aircraft parts, like, you know, these industries, pharmaceuticals that we need that are strategic, semiconductors, whatever.
	Well, that's important.
	And especially if we can't produce it when in a crisis, we're vulnerable and we realize that.
	But the thing of it is, is that, like I said, you know, By putting tariffs on these countries, these are the countries that we have always expected to use our dollar, which we are now showing them ways to, or incentivizing them ways not to, and maybe more importantly, to reinvest their excess in treasuries, which have kept rates low, asset prices high, and goods cheap.
	Well, now it's going the other way, and just the other day, you saw the Federal Reserve come in and buy, I don't know how, $40-50 billion, quietly worth of 3-year and 10-year treasuries.
	Because there's not enough demand in the open market.
	It's those players that typically would be the buyers of our treasury.
	So you wonder, I mean, is this something that is being done to incentivize this action, or is it really out of good intention?
	Just being naive in the way that it's implemented.
	You have to wonder about this because it seems that his advisors are pretty shrewd.
	I mean, in particular, Scott Pecent was working for Soros when they, you know, beat the Bank of England.
	The guy knows ramifications.
	You know, you wonder, like, are we trying to reset the system?
	You know, back when there was the previous administration, I kept saying it's too stupid to be stupid.
	They're doing this intentionally.
	And it was right in our face.
	But could it still be that there is a drive to do this intentionally, but to masquerade it underneath good intentions?
	I don't know.
	Because I do think we need to have a lot of that manufacturing here.
	And it's like the Shawshank Redemption.
	You have to, like Andy Dufresne, had to crawl through two miles of crap to get to the other side.
	Yeah, that's going to happen however we bring those industries home.
	But to put a blanket tariff on a country like China that we are really very reliant on for our economy and is at the epicenter of BRICS, which will only incentivize the rest of the world to say, look, I mean, they're doing it to them.
	They could easily do it to Saudi Arabia.
	They did it to Iran.
	They did it to Russia.
	We're next.
	This is the type of behavior.
	Instead of extending the olive branch and the carrot, we did the stick.
	And I think either Chi is a hell of a poker player and called his bluff, or maybe there's more to it than meets the eye.
	I don't know.
	But look, I'll just simply say this, Mike, and if anyone would echo this, it would be you, that if we, as much as I, and I would vote for Trump again, and I thank God he's here, but as much as everything that's happened over the last four years, if we don't try and question everything, maybe we learn nothing, you know, and that would include his motivations too.
	Well, I'm really glad you bring that up, and I concur.
	I'm really glad that Trump won the election.
	There's no question in my mind that we're better off.
	However, I have a theory, which is that the people around Trump may be living in the past.
	And his policies remind me of things that Reagan would do, which was highly appropriate in the 1980s when the U.S. had very strong...
	U.S. naval dominance, dominance over sea lanes, currency dominance, and also military technology dominance where nobody could challenge the U.S. in the 1980s or even most of the 1990s.
	Look at the desert storm and all that.
	But today is a very different world, right?
	And China has dominance in the vast majority of all technologies that are known to exist, including rare earth minerals extraction, robotics.
	Advanced materials.
	Russia has military dominance in hypersonic missiles and so on.
	So the U.S. can no longer just run around the world and make demands of everybody and carry through with those threats.
	And I think this is just my guess, but I'm curious about your reaction.
	I think that Trump's team is still thinking that we can just bark orders to the world.
	That's not the world in which we live.
	So there's pushback, and that's why China hasn't given in, and Russia hasn't given in.
	And I think that Trump's people are actually shocked, and it's a reality check.
	That's my take.
	Yeah, it could very well be.
	I think that, look, the bottom, to me, these tariffs are accelerating the erosion of global trust, especially in the U.S. debt market.
	And they're having contrary...
	Contrary, unintended consequence effects, I agree with you.
	They are living in an environment where they think that the U.S. still has supremacy over all of these things.
	I mean, look, we're completely and totally broke.
	We're borrowing money, which is discretionary, to fund our trillion-dollar military bill.
	I think the rest of the world is saying, so we lend them money to build their military so they can go around and boss us around with a dollar that's dying and a treasury market that is being, in essence, monetized by the Federal Reserve.
	You can sense, like in a fourth-turning sort of way, that we are at the precipice of some serious change.
	And I think what you see are a lot of countries that are placating Trump on one hand, but on the other hand, they are doing all they can to build their plan B. And that's what I see with the infrastructure that is being built.
	And I guess, to me, what it looks like is that the petrodollar is dying and BRICS is actively selling oil and trade in gold and in yuan.
	The dollar is no longer the only game in town, nor are the treasuries.
	Look at last year as an example.
	Treasury market, 10-year up 4%, 4.5%, gold up 40% with no counterparty risk.
	That's part of a broader trend.
	For the last 25 years, gold has doubled the performance of the 10-year treasury.
	But back during the Reagan administration, the country was at least respected and was trusted, at least in terms of our markets and our institutions.
	And I think even those things are no longer...
	Really being trusted by much of the world.
	And so, yeah, I think the tariffs were the wrong move.
	Quite frankly, I think it would have been the best to try and, you know, extend the olive branch and smooth over the four years worth of really horrific policy that we, international policy that we had and smooth things over by trying to, you know, work things out.
	Be complimentary rather than to continue this course of bullying that we have done.
	And, you know, that's why you wonder, I mean, do they really think that this isn't going to have pushback?
	I guess we'll see what happens from here, but for a guy that's supposedly, you know, so great at the art of the deal, if you completely backed up without any concessions, what kind of leverage does that leave you moving forward?
	Well, important question, and I...
	Along those lines, I hear things from, for example, Basant.
	I think he's the one who said this.
	I hear some very strange logic saying, well, in our relationship with China, we're the buyers.
	We're the consumers.
	China is the manufacturer.
	Okay, I got that.
	And then Basant would say something like, that puts us in the position of leverage.
	And I'm like, well, wait a second.
	Consumers are a dime a dozen.
	I mean, anybody can consume.
	You know what I mean?
	You know what's hard is making stuff.
	What's easy is using it or buying it or consuming it or disposing of it.
	What's hard is making stuff.
	And what's hard is building an infrastructure of factories, raw materials, supply chain logistics domestically.
	I mean, Russia was forced to do that since being cut off from SWIFT in 2022.
	Actually, because of being cut off, all the money that would have left Russia ended up being reinvested in Russian domestic infrastructure, which is why they now outbuild all of NATO in terms of munitions and weapons and steel.
	You know what I mean?
	When you say that, I think of two things.
	I mean, you think of Austrian economics, which is about...
	You know, savings, investment, and reinvestment.
	Okay, there's Russia right there.
	That's what you were just saying.
	And when you talk about, well, we buy things, well, a strong economy is not who buys things on credit.
	It's who saves more than they consume.
	That's how you build.
	And then if you save more than you consume, you take that savings and you invest it and reinvest it.
	That's the three little pigs.
	That's the brick house.
	We have the straw house that's built out of borrowing and spending more than we and consuming more than we produce.
	And when you talk about strategic things like semiconductors, airplane parts, pharmaceuticals, all of steel manufacturing, in a pinch, we're in trouble.
	And you're right, not only is China responsible for all of that stuff, they're also responsible for almost 90% of the refining of all of the rare earths.
	And when they shut off supply to five of those rare earths, I think they see very quickly just where that leads.
	And now China is building deep water ports and going into Peru, which is the third largest producer of silver behind who?
	China, number two, and Mexico, number one, who?
	We're kind of in a war against right now, I guess you could say and then respect with the cartel, and they've expressed interest in BRICS.
	You've got the three largest producers of silver in the world that are kind of moving away from the West.
	All of these things tell me that this is a long-game, commodity-based movement that these countries realize the West is in a...
	In a big disadvantage to and losing ground from a standpoint of negotiating with these countries, but they're doing it very quietly behind the scenes.
	And, you know, unless you're really digging, you would never know that China's going to Peru and buying up all the dore.
	They're the second largest producer of silver in the world, yet they're going to Peru and buying a dore and concentrate, crudely refined bars and the sludge byproduct of it.
	Bank twice with the West while shipping it back to China and refining it.
	Why are they doing that if they're the second largest producer in the world?
	If they're the largest producer of gold in the world, why do they continue to be the largest importer of it?
	They understand that this is their ticket to break free.
	I was doing an interview with Martin Armstrong the other day.
	He said, Andy, it is without question my belief that within the next five years or so, China will be the epicenter of all global finance.
	Now, I don't know if that's true or not, but...
	To me, I guess it all boils down to they're playing the long game, and they have more leverage than Trump's advisors would understand, in my opinion.
	Yeah, clearly.
	Clearly that's the case, and I'm glad you have mentioned gold in this.
	Of course, your company, Miles Franklin, is a top retailer of gold and silver to end users, and I know you can help people take custody of it.
	Can you give out the email address again?
	Yeah.
	The best way to do that, and we have a million reasons, Mike, why we don't publish them, but all you need to do is send an email, info at Myles Franklin, and just please mention you heard it on this show so we can keep track of it.
	We will send you a detailed price list that will be as good or better than anywhere in America.
	We'll answer any questions you have.
	If you just want the price list, that's great.
	If you want to be contacted, put your phone number down.
	Please say so.
	Info at milesfranklin.com.
	I appreciate that.
	Yeah, lots of crazy things happening with gold right now.
	Things, Mike, that I've never, ever, ever, ever seen before.
	Oh, yeah.
	$100 moves per day.
	Yeah, well, and, you know, Jim Sinclair always used to say we would see that eventually, and he's been right.
	But we've also seen since Easter.
	34.5 tons of gold and a record 11,692 silver contracts have stood for delivery.
	That's 1,993 tons.
	That's on COMEX.
	And so we are seeing huge, huge deliveries coming in to COMEX.
	In fact, the May COMEX gold contract had the second highest number of contracts stand for delivery, 9,306, but it didn't stop there because In the days that followed, we saw over 10,000 contracts that were written, and these are contracts that are written after the first day of delivery notice.
	So when you talk about that, that is...
	Far more than we ever see.
	In fact, that's a record.
	More contracts written after the first notice day than any other COMEX contract in history.
	Those contracts typically settle for delivery.
	This is a full-blown run on metal.
	And not only that, 13,581 silver contracts have been delivered on the May contract, which is an all-time record.
	And it's also interesting to note that almost 16 million of those ounces, now at 13,581, that's times 5,000.
	So you're talking huge amounts of silver.
	Of that 13,581, 3,165 or roughly 16 million ounces were transferred from banks to non-banks.
	That's the third largest net sale by banks in COMEX history in a single contract.
	What it kind of says to me is that the banks are afraid of silver.
	They're buying the heck out of gold, but they're covering and delivering silver.
	They're delivering lots of silver.
	Over 110 million ounces of silver have been delivered in the last few months by these banks.
	Delivering means covering or closing out their shorts.
	I think they realize silver is a very big problem, and they are...
	It kind of looks like they're kind of getting out of the silver game at the same time institutions are rushing to take possession.
	There's so much stuff going on.
	I think they realize that to be short silver right now in this environment is an existential threat.
	And you're seeing them, I believe, start to quietly close out their short positions.
	Okay.
	I want to segue to...
	A discussion about the importance of self-custody of gold and silver.
	Now, I know that vaulting is also a great option for people.
	But something just happened the other day over the weekend that reminded me of the importance of self-custody.
	And it has to do with crypto.
	There's a very popular crypto wallet, an application that runs on Windows and Macs.
	It's called Exodus.
	And the most popular privacy crypto is called Monero.
	I just happened to load up Exodus because that's one of the wallets that I use.
	I loaded up Exodus and I saw a pop-up.
	It said, you know, warning, you have 88 days to remove Monero from Exodus, from your Exodus wallet.
	Otherwise, and I went to the Exodus website and read about it, your Monero balance vanishes in 88 days.
	So if you have...
	I don't know, $10,000 in Monero or $100,000 or a million.
	It's gone.
	It's just gone in 88 days if you don't transfer it out of the Exodus wallet.
	Well, what if you don't launch that wallet except a couple times a year?
	You're going to load it up in September and it's gone.
	Your Monero is just gone.
	Well, that can't happen with gold and silver in your hands, right?
	So talk to us about...
	The importance of self-custody.
	And also, gold and silver doesn't require a password.
	It doesn't require a computer to boot up to be able to have it.
	I'm not anti-crypto, just to be clear, by the way.
	How can Exodus do that, Mike?
	How can they just say it's gone?
	Well, apparently there's a hard fork coming from Monero, and Exodus is not participating in that hard fork.
	And they couldn't even hold it in an escrow wallet or something on behalf of these poor unsuspecting folks?
	You won't be able to see your balance.
	You won't be able to transfer.
	You won't be able to access your Monero balance.
	Nothing in 88 days.
	Sounds like a massive lawsuit coming to me, but yeah.
	Yeah, I wonder.
	But, you know, like I'm installing.
	I mean, I have a Monero wallet from Monero, the company Monero or whatever the project.
	So I'm just transferring it to that.
	But a lot of people are not going to know about this.
	And what I love about gold is.
	You know, I can stick it in the ground or something for 10 years and dig it up, or if I buried it in 1971, I'd be really happy today, right?
	Yeah, well, you know, and that's, I think you could look at it on a bigger picture.
	You know, the April COMEX contract had a delivery of 64,514 contracts, or 21.5 billion in gold, 6.45 million ounces.
	And this is unusual behavior because contracts, you know, usually would settle by cash.
	There wouldn't be delivery.
	This is, you know, you're talking the largest deliveries that the COMEX has ever seen, and it talks about or it speaks of big incentives to stand for delivery, as far as I'm concerned.
	At the highest level.
	And what does that speak of?
	You look at the 40 countries that have brought their gold home from the Bank of England and the New York Federal Reserve.
	Same thing.
	Counterparty risk and the systemic risk of a system that is so interconnected.
	I think that's one of the beauties of having gold and silver is that it's one of the few things left in a very digital and progressively digital world that's analog.
	Having physical possession of it.
	You know, there are very few things that you can physically possess that have intrinsic value and, you know, at the same time, sentimental value when you pass it on to your family.
	But intrinsic value that is, you know, biblical.
	Gold was mentioned, I think, 400 times, if I'm not mistaken, or more.
	It's a little over 400 times in the Bible.
	Yeah, in the Bible.
	And so when you talk about...
	You know, this is going to go way...
	You didn't ask me this question, but I did a presentation that talked about ancient Egypt, and we talked about the symmetry of the Great Pyramid of Giza and how it's aligned to 1 15th of a degree to true north.
	And if you multiply the base or the height by the number of seconds in the equinox at 31,600 or something...
	In either case, the height, you get the circumference of the earth to 99.8% and the base to the radius of the earth to 99.8% accurate.
	Like, this is stuff that couldn't have been known 5,000, 6,000 years ago.
	And then you look at the Egyptians and their affinity for gold and how did they know where to mine it, how to refine it, how to fashion perfectly symmetrical masks without any tools or anything.
	There's something big about gold.
	There just is.
	And the more things change, the more they stay the same, and things are coming full circle with gold.
	I just think that having physical possession of an asset like this that is becoming, again, in my mind, maybe centered to the new monetary universe.
	It was important 5,000 years ago.
	It was important in biblical times, and it's becoming important again now.
	And the biggest money understands that and the one common denominator about all of this buying is the repatriating of it.
	And that is the bringing it home from the trusted, supposedly, trusted epicenters in New York and in London.
	And the same thing should be true here.
	I mean, there are very few things that you can own that no one in the world knows what you have or where you have it.
	That's right.
	And there's something to be said for that.
	That's critical.
	I always remind people gold is on the table of elements.
	Well, so is silver, so is platinum, obviously.
	So it is immutable in this 3D physical reality.
	It's atomic.
	And the other day someone said to me, well, hey, didn't you read that physicists have found a way to turn lead into gold?
	At the Large Hadron Collider.
	And I said, really?
	Well, let me look that up.
	So I went and looked at the story.
	I'm like, wow, they're going to turn lead into gold.
	So yeah, for the cost of hundreds of thousands of dollars of electricity and infrastructure, they were able to create 29 trillionths of a gram for a fraction of a microsecond.
	Where did it go after that?
	It just disappeared?
	Yeah.
	Well, it didn't disappear, but it...
	Reverted back to other atomic elements.
	So if you can accelerate lead nuclei to 99.999993% of the speed of light, then you too can create 29 trillionths of a gram of gold for a fraction of a microsecond.
	There you go.
	Well, I mean, and that's kind of the point.
	It's out of this world.
	It comes from out of this world.
	You know, it's supposedly when...
	You know, meteors collide with the earth or whatever, thousands of years ago.
	And you're right, it is on the period.
	The only tattoo I've ever had, I have the periodic table.
	Oh, I love it!
	It's palladium and silver, platinum, and gold.
	So in case I ever forget.
	But yeah, you're right.
	And, you know, there's just something to be said for it.
	The interesting part about all of it is that there's such a mad rush to accumulate it.
	It's been hovering over 3,000 in this range at all-time highs.
	And the biggest money in the world is rushing to get it and to add it to what appears to be a new monetary system, and it's gaining really no notoriety from the mainstream.
	It reinforces my belief that there's something bigger happening than we are led to believe.
	We, those of us who are paying attention, the most...
	Most of the mainstream has no idea.
	They're focused on other things, like the MAG-7, like crypto, as the biggest money in the world not only is accumulating gold, but repatriating it.
	And the United States reshoring more gold than at any time since the Bretton Woods Agreement at the end of World War II when everyone sent us their gold.
	That's how much gold is being imported.
	It's so far an outlier.
	It's like, you know, I live in Florida.
	It's like waking up here in July with four feet of snow in my backyard.
	I'm not going to have my sister send me my two snowmobiles that are in her house, in her garage in Minnesota, because it's an anomaly.
	And I would know that.
	And that's exactly what we are seeing right now.
	In every sense of the word, whatever is happening in the United States and their realization of the importance of gold and silver, it's an anomaly to anything I've ever seen in 35 years in this industry.
	Yeah, yeah.
	Let's get back to Trump policy here, because a couple other interesting points that I'd love your commentary on.
	So number one, Congress is looking like they're going to approve raising the debt ceiling of U.S. government debt by at least $4 trillion.
	So there's another 10%, nearly over 10% of the current debt level, and that might be just for, you know...
	a couple of years.
	And then secondly, my second question is that, you know, with these tariffs, Trump was saying that we're going to use the tariff receipts to end the income tax.
	Remember that?
	Yeah.
	But now he's backing off the tariffs.
	I'm starting to feel like there's a George Bush read my lips moment coming.
	You know what I mean?
	What do you make of these two things?
	I mean, what about all the promise of all this tariff money that's now apparently not going to be there?
	And what happens to the dollar if we keep adding trillions to the national debt?
	Well, I mean, and that's maybe part of the reason you saw Powell come out and say the Federal Reserve may ultimately have to think of abandoning its dual mandate.
	In other words, inflation is just something that will be part of the fabric of the system.
	And when you see the Fed come in and purchase $30 billion, $40 billion worth of Treasuries, three in 10 years, it again shows you that the demand for our Treasuries, our debt, is waning.
	We're a country that, obviously, even with Doge, we can't get rid of anything meaningful in terms of debt.
	We're already at, I don't know, well over a trillion dollars in debt here this year, and it's only May.
	I think that maybe to your point earlier in the discussion realizes that these tariffs are having an adverse effect on the economy.
	It won't work in the way that he is thinking.
	Look, it's one thing to put tariffs on our auto industry, right?
	I get that.
	I understand that.
	But to lay blanket tariffs across the...
	You know, across the spectrum, when we expect these countries to take our dollar and to reinvest the proceeds in our treasuries is foolhardy.
	You can't do that.
	And it is that cycle of using the dollar as a settlement currency and using the treasury as a reserve vehicle.
	It is that cycle that allows us to have our standard of living, keeps our assets high and our rates low.
	And are goods cheap?
	You move that away, and then the byproduct, the opposite of that, is high-priced goods, high interest rates, and a lower standard of living.
	And the higher interest rates and the high-priced goods put massive strain on the companies and the industries, mass layoffs, more entitlement payments.
	Higher inflation.
	This is hyper-stagflation you're talking about, where the depression meets the printing press because no one wants our treasuries.
	So the Fed comes in and monetizes the 3 and the 10. They'll start buying everything else up because no one wants it.
	And the companies and their goods are so expensive, no one can afford it.
	They're dying on the vine.
	Their valuations are so stupid high from 20-plus years of interest rate suppression that when they finally do fall, To find equilibrium in a rising interest rate environment and a slowing economy, you're talking a collapse of the entire system.
	And that's where, again, where conspiracy theories are born.
	I mean, are they trying to do this?
	And then point to the rest of the world for being unfair with us in the way that we conduct business.
	So, you know, the system's going to reset.
	We're going to tie gold to it.
	We're going to, you know, I mean, I don't know, Mike, because when you break it down that simply, you would think he has to have advisors that say, look, what are you going to do now?
	And why didn't you think about this to begin with?
	You know, it's not a good endgame.
	And you can see that a lot of the countries are already pushing back against accumulating any more of our treasuries.
	We're using our currency for settlement.
	That's what all these new systems are built around.
	This is the big aha of our talk today, Andy, is that this does appear like the endgame of the U.S. financial system, at least as we know it.
	And everything keeps reconfirming that.
	For example, I'm looking at CNBC right now.
	It says that the tariffs that Trump...
	Collected in April were $16 billion.
	It's nothing.
	And they said that's going to help cut the budget deficit.
	But then we're talking about an increase of the debt ceiling of $4 trillion.
	So I believe $4 trillion is 250 times larger than $16 billion.
	And the tariff revenues are about to vanish because new tariff deals ordinarily vanish.
	So that's not going to be there.
	Well, at the same time, you have Japan's finance minister hinting that the country's $1 trillion in treasuries could be used as a negotiating card.
	So you have our allies who are now meeting with China and South Korea and discussing ways around these tariffs and pushing back against the West.
	And this bullying type of mentality and threatening not only to stop buying but to actually sell the treasuries.
	When our allies are joining with former adversaries to push back, that's not a good sign.
	You're running out of runway very, very quickly.
	And this is where we get into, well, who buys our treasuries?
	And that's when you get into the Federal Reserve being the buyer of last resort.
	It's not a good thing.
	It really isn't.
	And then at the same time, you have Reuters confirming a wave of dollar dumping across Asia.
	And so, you know, this is ending that long-term, long decades-long trend of recycling the reserves into Treasuries.
	They're not doing it anymore.
	This is a problem.
	At the same time, we want to raise our debt ceiling.
	We have like $6 or $7 trillion that are due next month in June.
	On treasuries, and $28 trillion are due by 2028, he'll be lucky to take in $15 trillion in tax revenue.
	Where do we come up with all of that money on top of the raising of the debt ceiling and the indebtedness that we get to that point?
	The rest of the world understands that.
	We are actually at a disadvantage.
	This is maybe why Besant says we need to get rid of the reserve currency, because it creates these imbalances you can never...
	I mean, one way or the other, we have to pay that bar tab or have to have that moment of pain.
	You were saying earlier that China would allow that to happen for an extended period of time to their citizens.
	Well, it's got to happen to our citizens, too.
	And, you know, with China now trying to internationalize their yuan and settle imbalances in gold, And setting up networks to trade with the majority of human population through this new bridge system, you can see the writing is on the wall that maybe Martin Armstrong isn't far off, that China indeed will be the epicenter of finance in the next decade because of silly moves like we're doing right here, pushing everyone away instead of bringing them closer to the center.
	Yeah, it's very interesting.
	You and I are both seeing that it's...
	It's all window dressing right now, and there are not substantive infrastructure improvements to the dilemmas that the U.S. economy faces.
	Here's another example.
	I see McDonald's, which is a company that supports Trump, announced they're going to hire 375,000 workers this summer, and it's a big announcement with Trump's labor secretary.
	Well, here's the thing.
	McDonald's hires hundreds of thousands of workers every summer because hundreds of thousands of workers quit and they have to replace them because people don't work at McDonald's forever.
	So this is not even news, but it's being touted like it's creating 375,000 jobs.
	Nothing of the kind.
	If you own a fast food chain, you're constantly hiring because people are quitting all the time.
	So it's non-news packaged as an economic victory.
	You know what I'm saying?
	That's where, again, even the measurements and the statistics and the news reporting, all is involved in the erosion of trust.
	No one trusts the Bureau of Labor Statistics.
	No one trusts the mainstream media.
	No one trusts the institutions.
	That is symbolic of the fourth turning, where institutions are torn down.
	And you're more...
	Far more of a credible news source than 60 Minutes or the Evening News.
	And, you know, that's the thing, is that they're packaging that as something significant when in actuality, to your point, it's not.
	Just like much of the things that they talk about.
	And that's why so many of the public will be run over by what they never saw coming, because the media isn't alerting them to what's really important.
	And I guess that's your job.
	You're cursed.
	You're crossed to bear, I guess.
	And you're doing a hell of a job of it.
	And hopefully more people will start to realize that the things that we've been talking about for a long time, you know, that they're rooted in logic.
	And you're beginning to see it in real time.
	And the crazy thing about it is that you can see it expanding at the same time no one's talking about the bricks anymore.
	It's kind of been forgotten.
	Yet I believe where they are right now and opening up their payment system to the non-Brix nations is the one thing no one saw coming.
	And that in and of itself is game-changing because everyone said they're not big enough to do it.
	Right.
	Now you're talking almost 90% of the world's population will be open to taking other settlement systems.
	Then the U.S. dollar, and instead of buying U.S. treasuries, you will buy things like gold, which will be used to settle trade imbalances.
	I mean, it's very elegant and simplistic, and if they do that, what can the U.S. do to compete?
	Well, they can buy gold, which will only devalue the dollar and raise the price of gold, which strengthens the other countries, and if they continue to suppress gold, Stupidly on the Western exchanges, well, that's an existential threat to those banks because of all of the delivery calls right now.
	And it just plays right into their hand.
	They play the long game.
	Our suppression of the commodities enabled them to accumulate the lion's share of them.
	And any bank stupid enough to hold these short positions, when you have sovereign wealth funds calling for delivery, very quickly can...
	They greatly blow things up, just like the LBMA now is supposedly T plus eight weeks because of a shortage of trucks and manpower.
	It's a T plus one exchange.
	And they said, well, it's too hard to get trucks and manpower to move these bars so it could be up to eight weeks before you get your delivery.
	That's a detail.
	Those are the kind of things that I think you will see.
	In fact, I would argue China already controls the price setting of gold, and you will see.
	All of the setting of the world's commodities, I think, shift to places like United Arab Emirates, to places like the Shanghai Metals Exchange, or to eventually both the BRICS Grain Exchange and the BRICS.
	And remember what the guy who set up the Bricks Grain Exchange said last year.
	We produce more and consume more commodities like wheat than the West does, but we can't control the prices.
	They're done so on COMEX, but when the Bricks Grain Exchange is fully operational, that will change.
	Well, the same thing is true with the Metals Exchange.
	They know what we're doing, and they're using it against us, and now they're standing for delivery in an accelerated fashion.
	So, yeah, things are going to start to get very interesting, I think, very quickly.
	And I wonder if Trump's advisors understand that.
	I guess we'll see what his policy decisions are moving forward.
	But you could argue that they haven't been maybe the right decisions to this point, at least on the surface.
	Yeah, exactly.
	And the last question I want to ask you is about silver, because up until...
	I don't know, about late last year, silver was trading for quite a while within a pretty narrow range, like $20 to $26, something like that.
	But since late last year, it's been like $28 to $34.
	And it really likes to hover around kind of where it is now, $32 or something like that.
	A lot of people were surprised that silver hasn't had the big breakout that gold demonstrated.
	I've heard you talk about this as if it's maybe a slingshot ready to be unleashed because silver eventually will follow gold and the ratios are off right now.
	But what are your thoughts on silver and people maybe considering silver as a good, safe way to protect assets?
	I think the term is asymmetrical.
	It has the lowest Risk and the highest reward profile I've ever seen of any asset.
	And price is a tool of misdirection by the big money.
	They understand that.
	But when you see almost 14,000 contracts delivered in the May contract, the highest ever, it should tell you that people at that level, which you're talking the highest level of sophistication financially, understand this.
	The biggest money in the world is accumulating and repatriating silver.
	Silver is used in particular, my belief with silver, Mike, and I said it a million times.
	You know, I have a client who is a consultant for the DOD who told me I was right in saying that there is indeed about 14 kilograms in a cruise missile.
	In a Tomahawk or a Patriot, and in all of the high-tech weaponry.
	So who owns all of the military contracting companies?
	It's BlackRock.
	BlackRock is also the custodian of SLV with JP Morgan, the largest silver trust in the world, and now primary custodians.
	They just took over for GLD.
	But you have BlackRock, who is deeply involved in the silver market in things like SLV and other ETFs.
	Who owns all the military contractors?
	Then they build all the high-tech weapons that need silver.
	So you need inexpensive silver.
	They fund the wars all around the world.
	A place like the Ukraine gets blown up.
	And who gets the reconstruction contracts?
	Well, it's the companies that BlackRock owns.
	So it's been a game that they've played for a very long time.
	Well, that works unless the rest of the world understands what is happening.
	And I think...
	We've come to a place where they do understand that.
	So silver is one of these games, and maybe that's why you're seeing the banks here sell the most ever, the third most ever from non-banks, from banks to non-banks.
	The banks are covering and selling, and it just seems like they are trying almost to leave, get out while others are rushing in.
	It just tells me that there's something very, very, very big behind silver.
	Technical formations are extraordinarily bullish.
	It's just a symptom of the West being able to hold down the price for a very long time.
	But you can't hold down the price when the rest of the world understands the significance of it in your possession and starts standing for delivery.
	Maybe that's why we're seeing the rush to onshore it here in the United States.
	Maybe that's why we're seeing what appears to be the banks weaning down.
	And if I had to guess, the American banks are long in London and short in New York, covering their shorts here, and it's the European banks that are short in London, where for the longest time, they've been trading upwards ends of 2.9 billion ounces per day, three and a half times of annual global mine supply, only trading it off of about a 280 or 90 million ounce float, which is now down to about 260 or less.
	And so you're trading over 10 times the available silver every single day that you supposedly have.
	You stand for delivery.
	You have problems.
	It's been suppressed because the West needed it to wage war and rule the world militarily.
	The countries that understand this now were never coordinated or motivated or sophisticated enough to do anything about it, and they are now.
	This is a game that will change.
	Time is one of these things where...
	It could be tomorrow morning or it could be three years.
	Who knows?
	Markets can stay irrational much longer than you can stay solvent.
	But if you look closely enough, you can see that is what is happening, that it is being unnaturally held down by Western interests that I think are losing not only the capacity to do it, but also the willingness to do it.
	It is an existential threat to anyone stupid enough to be naked short huge, huge amounts of silver when you have Obligations to deliver if called upon, and I think that is what we are slowly seeing and accelerating.
	You could see silver become the investment of a generation, but it won't be for the faint of heart.
	It will be volatile.
	You'll have to have strong fingertips, and you have to go into it with open eyes, knowing that it's a game that's been held back for a long time, but all manipulations end badly in the end.
	You want to be holding silver when that happens.
	Well, and I strongly encourage people to not speculate.
	In a leveraged way, but rather to dollar cost average into accumulating metals.
	I'll just say, look, I'm not your financial advisor, everybody, and don't take this as financial advice.
	But what I am buying now, whenever I have extra out of my paycheck, I am stacking gold and silver, period.
	I'm not buying treasuries.
	I'm not buying crypto.
	I'm not buying stocks.
	I don't own any stocks.
	I do own crypto, but I'm not buying any new crypto.
	I'm just sitting on what's there, trying not to have it vanish when wallets fork or whatever.
	You know what I mean?
	But gold and silver are the only thing I'm buying and vaulting.
	That's it.
	Because I've made a decision.
	I've done the analysis, and I've come to realize that those are the only things, at the end of the day, that I have absolute certainty I can trust.
	They have no counterparty risk, as you have often mentioned, Andy.
	And they're a tier one asset, which means they're going to be recognized globally.
	Even if countries fall, even if empires collapse, gold and silver will always, always, always have intrinsic value, period.
	No exceptions.
	100%.
	And again, you know, talking about...
	The fourth turning, you know, the end of a cycle, it's usually marked by mistrust or distrust of the institutions.
	The bond market and the stock market have been the epicenter of the universe for the last 40, 50 years.
	That's changing.
	Look at young people now.
	They'd rather buy other things like cryptos or other things that they can do to make money.
	There's so many different ways that have come out of tech.
	Opening up packs of baseball cards online.
	They're not putting their profits into stocks.
	They're not putting their profits into treasuries.
	They're doing things like crypto and even to some degree into commodities like precious metals.
	You're beginning to see, I think, a change in the way that these markets and systems are viewed.
	When I came into this industry, Mark, the Nikkei was...
	40,000 in Japan owned everything.
	Rockefeller Center, Pebble Beach, casinos in Vegas, etc.
	They made anything with an engine or a motherboard better than we did.
	And here we are, 35 years later, and today the Nikkei is at 37,000.
	It's just below where it was literally 35 years ago.
	It's just climbing back up there.
	It took a whole generation to come back.
	And I think that's kind of...
	And that's what...
	This would symbolize that we are entering a new system and new things will take priority.
	So, yeah, I think you have to think outside the box.
	You have to think differently.
	And look at what the big money is doing.
	Not what the mainstream is doing, but the big money.
	They're buying commodities, taking possession, shedding treasuries.
	Look at what Warren Buffett is doing on his way out in wreck $500 billion in cash.
	And I mean, well, he's the greatest value investor of all.
	Why isn't he in stocks?
	Why are the insiders selling at a 7-to-1 clip to buying?
	So that's kind of, you know, you're seeing the insiders and the people in the know move away as the public is fully invested in these things.
	That's going to change.
	I think that will change with this new cycle.
	And I think you have to look at return on your money being great, but return of it being more important.
	And that's where...
	Physically holding it yourself, removing the counterparty risk, and doing what the big money is doing is so important.
	I've never told people to buy gold or silver to become wealthy.
	It is wealth.
	And it's outlived everything the world's thrown at it.
	And here we are, full circle, 5,000 years later, after it was mentioned 400 times in the Bible, and the biggest, smartest, most well-informed money in the world is accumulating it over traditional forms of wealth like U.S. Treasuries.
	That's what I would do.
	It's just a shame that you and I represent the pimple on the elephant's rear end, and the elephant is blissfully whistling Dixie into a hurricane, potentially bearing down upon them.
	So, you know, I thank you for letting me be a small part of what you do.
	I'm honored to be here and to talk to your listeners and to listen to you talk, because the logic that you speak of every single day is extraordinary.
	Far greater than anything anyone would ever hear on the 6 o 'clock evening news like we used to listen to when we were young.
	Now you can't even waste your time.
	30 seconds you get sick and hear them listening bashing Trump or something else that has no newsworthy credit whatsoever.
	Well, I'm always thrilled to be able to spend some time with you.
	Thank you.
	Likewise.
	I'll just remind the audience, if they listen to you Two-plus years ago and got gold, the dollar value of that gold is up over 50% right now.
	And that's without having to manage it.
	See, what I love about metals is you buy it, you stack it, you vault it, and then you forget about it.
	You don't have to file paperwork.
	You don't have to file taxes on it unless you sell it.
	At a profit, obviously.
	You don't have to log in and see if it's still there.
	You can't get locked out of your account.
	You don't have to worry about it.
	People say to me sometimes, well, I want my investment money working for me.
	I want it to do something.
	Like, okay, well, then you're going to give custody to somebody else.
	So then you've got to keep tabs on it, make sure it doesn't vanish.
	But if you look at 1971, when Nixon closed the gold window, gold was 35 bucks an ounce.
	So either gold has gone up, you know, a thousand percent or the dollars lost 99 plus percent of its value.
	In other words, you know, gold doesn't need to pay any interest.
	It continues.
	You can look at what the average cost of a house was in 1961.
	It was or 1960 was $17,000.
	Gold was 39 bucks an ounce.
	Or $35 an ounce in 1960.
	So, you know, it would have taken 435 ounces to buy that house in 1960.
	You can do this all through time, and you'll see it's almost consistent always.
	That 435 ounces right now is $1.2 or $3 million, and the average house in the United States right now is about $400,000 or less.
	It buys you three houses.
	And that's earning no interest for the last 60-plus years.
	You can go through all the time, and you will see that what gold does is it admirably keeps up with the standard of living.
	And to those who say they need their money working, go back to 2000.
	It's doubled the 10-year treasury.
	It's beat the S&P 500 with dividends reinvested, which is about 9.7%.
	Gold's been 9.9%.
	So I'm not saying it will always outpace.
	And there are reasons where, you know, compounding of interest is extraordinary.
	So is compounding of time and effort, mind you.
	That's why I've been buying something every two weeks for 35 years.
	It's the greatest gift my dad ever gave me.
	Made me do that when I was 19, and I still do it to this day.
	So I'm a big advocate of compounding.
	But the argument that it doesn't pay any interest, well, you know, it's shown admirably.
	That it's done admirably well against all of these interest-bearing assets without.
	And that's not why you own it.
	You own it to get out of the way of this end-of-cycle switch where things that once were considered mainstream and prudent places to go may be shunned just like the Nikkei has been for going on 35 years now.
	You still aren't back to even if you held Nikkei stocks 35 years ago.
	That's right.
	You know, sometimes you have to take a step back and reevaluate the narrative, and that's kind of what this is all about.
	Not about getting wealthy, it's about accumulating wealth.
	Give us the contact again, and I just want to remind the audience that I don't earn anything off of this.
	You and I don't have, you know, I don't get a slice of every order, nothing like that.
	And you're not paying me to appear here.
	We've always had this really respectful professional relationship where I have you on because of your knowledge.
	And then you offer your pricing to our audience.
	So go ahead with that.
	You're someone that anyone in my position would love to be tied on to.
	And I've never asked because you've made it clear that is your...
	And I actually respect it even a little bit more.
	It makes me feel like I'm earning my stripes coming on someone of your pedigree.
	Without any affiliation whatsoever, and I appreciate you saying that.
	It means a lot to me knowing that at least I'm doing something right.
	Yeah, the address is info at milesfranklin.com, and I would like to know that they came from you.
	It helps me a lot in the way that we answer questions and pass them to people who are qualified.
	You know, a lot of brokers, they're all qualified.
	Some are more qualified for some questions than others.
	But I did want to mention, and it's info at milesfranklin.com.
	I did want to mention one last thing before I let you go.
	You know, we had talked last time about the IRA scams that we've been seeing in the industry.
	Oh, yeah.
	Since we did that interview, I must have spoken to 50 people that came from your list.
	It's an ongoing issue altogether.
	So if anyone feels that they have not been treated fairly with buying precious metals, IRAs, typically the motto or the standard operating procedure is to buy quarter-ounce gold coins.
	They sell that you've never heard of before that range from 1,000 to 1,300, or one ounce to two ounce, typically fractional, one and a quarter, one and a half silver coins.
	Between 80 and 120 an ounce, send us an email at info at miles strength and we will help you.
	The amount of response I've got by talking about this on a few shows is mind-blowing.
	These companies are criminal as far as I'm concerned, Mike, and it's only getting worse.
	There's a gentleman who was on Kyle Serafin's show.
	I sent you a copy of one of them, but this gentleman was the CFO for one of these companies, and he's a whistleblower, and it's pretty much mind-blowing.
	I would suggest people check out Kyle Serafin, the FBI whistleblower, his YouTube channel for questions on that.
	So let me be clear what you're saying.
	If you don't mind me just clarifying.
	So if anybody listening, if you have been hoodwinked by some kind of IRA investment, Precious metals scam, and you didn't get the ounces that you should get for the dollars that you put in, then what you're offering to do, Andy, is to help them, what, contact the original company and try to get them more metals for them?
	Or what exactly are you offering?
	What to say and give them the ammunition.
	And, you know, I've tried to be very respectful about this.
	I've never mentioned anyone's name.
	But at $3,500 gold, that's what a quarter-ounce melt value should be, $875.
	So even add 10% to it, which is ridiculous.
	You're talking, what, $960.
	These people, for years, have been selling those quarter-ounce coins north of $1,200.
	And they claim them to be special and exciting.
	But in reality, the dealers like me will pay 99% of melt value because no one buys them.
	They sit on our shelf.
	We melt them down.
	And it's industry-wide.
	And yes, we will tell them what to say, counsel them.
	And the success rate has been fantastic.
	Look, the reason I don't mention their names is because I don't believe in stepping on the competition to elevate myself.
	But this is a non-regulated industry.
	It's horrific.
	I'll just put it to you that way because the people they're preying on are folks that can't afford to go back to work to make that money back.
	They've worked their whole lives and they attack their IRAs and they know exactly what they're doing.
	Any company that focuses specifically on IRAs when you go to their website, run.
	And if you have been hooked up with them, we can tell you what to say, what authorities to contact to give you ammunition, attorneys to speak with.
	And more often than not, these companies don't want to drink their bath water.
	So their model is kind of like, yeah, let's screw as many people as we can.
	And those that speak up, well, we'll grease the squeaky wheels and the rest will just, you know, whatever.
	And that's pretty much...
	It's ridiculous.
	One last thing I'd like to say is that, you know, I was always confused why there were six or seven or eight or ten companies doing the exact same thing.
	The exact same thing.
	It's like they all learned from somewhere.
	This CFO talks about they all came from one company, the CFO of a particular company.
	And if you go and listen to Kyle, he'll talk about it.
	But he said that company folded and 12 of them went into a...
	I thank you for letting me not only come on and talk about economics and monetary theory and gold and the bricks, but also letting me talk about that.
	The mission of mine, and I wish I could have all of the CEOs of these companies on a show like yours to debate them.
	The reason you never see any of them and you see high-paid spokespeople is because they know that they don't want to put their face to this scheme, and the people that they are paying to speak on their behalf have no idea.
	What they're up to.
	So anyways...
	But they pay huge percentages out to the influencers.
	Well, and they pay the influencers up front.
	Like, I'll pay you X amount of dollars a month and 30, 40, 50,000 a month, and it sounds like, whoa, that's insane.
	Well, you know, these are the same companies that say if you spend $100,000, you'll get $10,000 of free metal back.
	Well, number one, on a $100,000 order, if I made...
	If I made $2,500, it would be way higher than I ever make.
	I mean, it's like we make 2-ish percent and then pay for shipping and everything.
	It works to just over 1%.
	And they're paying 10% right off the top.
	Well, how does that happen?
	How much are they making?
	And they value it at the prices that are so far stratospheric, you're really not getting that.
	The point of it is that, yeah, they are paying their way into robbing people.
	I think I've said this with you before, but just for those who haven't heard it, it was a couple years ago, I was offered literally $100,000 a month up front.
	I mean, that's insanity.
	To promote this gold-silver outfit.
	You know, of course I said no once I understood what it was.
	I'm like, are you kidding me?
	Most people will never take the time to understand it.
	They go home and say to their wife, I just got offered $100,000 a month to promote this company.
	Oh, my goodness.
	And that's where it ends.
	And if you weren't listening to someone like me or Kyle Serafin, you would never know, or you, that this is an issue.
	But it is, and it's horrific.
	And I'm not saying this for any other reason, but that it is one.
	Thousand percent true.
	And if we can help in any way, we will.
	You're supposed to buy precious metals to protect you and to have wealth and to pass on to your family, not to be massively ripped off at the twilight of your life.
	I've had people call me crying.
	You know, my wife is going to leave me when she...
	I mean, it's a break-your-heart kind of stuff, but I wanted to thank you for giving me the platform there, and I hope we've helped some of your listeners.
	I do believe we have, and, you know, anything I can do, I'm happy to do so.
	All right, well, stand by, Andy.
	I'm going to wrap up this interview, but don't disconnect yet.
	I just want to thank you again for your time.
	I know we've gone over an hour, but your information is really valuable.
	So, for those of you watching, thank you so much for watching, and again, You know, you heard, just to be clear, I bring Andy on to help you get informed so that you can make it through this, like navigate this financial minefield that we're all walking through.
	At the end of the day, you have medals, you're going to be a happy camper.
	If you don't have medals, if you just have dollars, I don't know what's going to happen.
	But hey, do your own research, get your own financial advice.
	I'm not your financial advisor, and I guess every decision has some level of risk in it.
	But I think you're bigots.
	That risk is sitting on dollars while dollars lose value and get printed into oblivion.
	That's the risk.
	All right.
	I'm Mike Adams.
	Brighttown.com is where you can find more interviews.
	And thank you all for watching today.
	We'll have a lot more interviews for you at brighttown.com and news coverage at naturalnews.com.
	Take care.
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