Welcome to Brighteon Broadcast News with Mike Adams, the Health Ranger.
Alright folks, welcome to Brighteon Broadcast News for Tuesday, May 13th, 2025.
I'm Mike Adams, thank you for joining me today.
We've got really two big news items coming up.
One about Trump's tariff trade deal.
A big announcement of some victory, which turns out is complete nonsense, but we'll cover that with the actual numbers here coming up shortly.
And then there was an executive order announcement that attempts to end Big Pharma's drug pricing.
Now, that's a positive step in the right direction, but it doesn't affect me at all, by the way, because I don't buy drugs from Big Pharma.
Nevertheless, it does affect a lot of other Americans.
That's something.
We're going to cover that as well.
And then I've got a new song for you called Don't Believe Your Eyes.
Well, I should say a new music video.
The song has been out for a couple of months here.
I released it as part of my album that's on Spotify.
But the video is finally done, and it's a pretty amazing video.
I think you'll really enjoy it.
And then I've got an interview with Andy Shackman.
And if we have time, I might be able to get to my laboratory announcement that I teased yesterday about the aluminum and lead levels in oat milk products.
So we'll see.
We'll see if I get to that.
All right, the first thing I want to do here is just comment on Trump's big announcement that he is applying most favored nation pricing rules through an executive order.
To the prices, I mean, it's not entirely clear, but it seems like it concerns the prices that the federal government pays for prescription drugs from the drug giants.
And apparently Trump is saying that the U.S. government will pay the lowest price that Big Pharma charges any other country in the world for those same drugs.
So whatever the lowest price is, that's what the U.S. government will pay.
That seems to make sense and it will end a lot of price gouging because I remember years ago, and I think maybe it was under Obama, but there was a rule put in place that said the U.S. government is not allowed to negotiate pricing with Big Pharma and had to pay whatever Big Pharma was asking.
So in that situation, of course, Big Pharma had every incentive to just keep hiking the prices to completely insane levels, which is exactly what they did because it's just...
You know, extracting money from the taxpayers.
Obviously, Big Pharma is in business to do exactly that.
They're not in business to help people, to save lives, to improve your health outcomes, to enhance longevity.
Nothing.
To end human suffering.
No.
They're in business to make money at any cost, no matter who they kill.
I mean, look at the mRNA death jabs, right?
Look at the antidepressant drugs.
Look what that does to children.
Look at the statin drugs.
How many people are killed by statin drugs every year?
You know, the examples go on and on.
Big Pharma is just here to extract money from the U.S. economy and stuff it into their own pockets.
And at least Trump and Secretary Kennedy and I forgot all the other officials.
I think Dr. Oz was there.
They have announced that that price gouging ends now.
Okay, so we'll see.
I mean, it's an executive order.
It didn't really describe the mechanism by how this is going to happen, but I assume they'll figure it out.
It's not a law passed by Congress, however, so it can be overturned by the next president, whoever that may be.
But it's nevertheless a positive move, and I do want to give credit, you know, because I criticize the Trump administration when they do something that's foolish or silly.
And I've got a report on that coming up.
But I also want to give them credit when they do something positive.
And I want to give Secretary Kennedy credit when he does something positive.
Although my posture is that he needs to do a whole lot more, like banning mRNA completely, or at least pause all of it right now.
And frankly, you've got to end the whole childhood immunization schedule.
You've got to end all direct-to-consumer drug advertising.
That should be illegal again.
For the vaccine manufacturers.
You do those things and now we're talking.
And maybe that's the plan.
You know, maybe I need to have more patients in this process.
Okay, well, not like I have any choice.
But I wish those things would happen more quickly, is my point.
Nevertheless, this is a positive step in the right direction.
But what I tweeted out today is the following.
I said, but if you're tired of getting ripped off by Big Pharma, stop buying their toxic products.
Big Pharma never rips me off because I am not their customer.
I spend money on nutrition and superfoods, organic foods, herbs, natural remedies, fitness equipment, etc.
And I never need Big Pharma's toxic patented medications or vaccines.
And when I buy Ivermectin, I buy it labeled for pets.
So it's only 1 20th the price, but still exactly the same molecule.
I said, be smart.
Ditch Big Pharma, you'll be healthier, happier, and more financially sound as a result.
So it's funny because sometimes people complain to me or they point out like, oh my God, look how expensive organic food is.
And my answer is, have you seen the price of medications lately?
Because if you don't eat healthy food, you're going to end up on a bunch of toxic medications that cost way more than the clean food or the supplements combined.
If you invest in superfoods and high-grade supplements and the things that we sell, healthrangerstore.com, you spend money at our store, you're getting ultra-clean, high-nutrient-density products that help keep you healthy so you don't need to blow money on overpriced prescription pharmaceuticals that are actually hurting you anyway.
I mean, it's really simple.
You either invest in healthy products or you're going to spend a fortune.
Treating symptoms and diseases.
You know, it's that simple.
So, you know, a lot of people, they don't want to eat healthy, and then they want to talk about how expensive the medications are.
And, you know, yeah, it is crazy what Big Pharma is charging for those.
And yes, Trump is doing the right thing by ending the price gouging, apparently.
But at the same time, ask yourself the question.
Can you get off of these medications in a safe manner?
Are there alternatives?
Are there things that you could change about your lifestyle?
For example, a lot of people on type 2 diabetes drugs wouldn't need those drugs at all if they would stop eating ice cream and Pop-Tarts and donuts and cake all day and muffins and whatever, you know, and drinking soda all day.
Stop chugging liquid sugar and you don't have to be type 2 diabetic.
You can change that by changing your food choice.
It's really that simple.
And, you know, do a little bit of exercise here and there.
Go walking and do some swimming.
Do gentle exercises.
Or if you have some limitations, just do what you can do.
Move your body.
You know, you can do exercises sitting in a chair.
There's like chair strength training exercises.
You can do kettlebells in a chair.
There's a ton of things that you can do in a chair or with a chair.
So, you know, it's a horrible situation to surrender your health to doctors and drug companies because you know they don't have your best interests at heart.
And you know they're going to exploit you for their own power and profits.
But if you want to take back your health, there's a recipe to do that.
And that's what I teach.
And that's what we offer at HealthRangerStore.com.
And that's what we teach at NaturalNews.com.
It's taking back your power, decentralizing your life.
By taking it back from the central medical system, you know, the doctors, the pharmaceutical companies, the hospitals, etc.
And in fact, this Saturday, I'm launching a very big deal, a big course at brightu.com, and it's called Breaking the Chains, How to Decentralize Your Life.
And it's with my co-host, Todd Pitner, and we cover health and medicine, and we cover legal issues and finance.
Thought control, you know, all kinds of things and information and bypassing censorship and tech and crypto versus gold and silver versus dollars and everything else.
It's a massive collection of how-to information.
And you can watch it all for free, of course.
Just go to brightu.com.
That's the letter U, brightu.com.
Register there, and it begins streaming this Saturday, one episode each day on a continuous loop for 24 hours.
And then the next day, the next episode plays.
And you can also optionally purchase the whole course if you want to.
You can download it and get all the bonus items, and you can support us a little bit at the same time.
But that's optional.
It's up to you.
The point is, you want to be healthy, get as far away from the medical system as you can, in my view.
I'm not your doctor, and I'm not trying to replace your doctor.
And I'm not saying don't go to the ER if you have a medical emergency.
For what most people deal with, you know, chronic degenerative conditions, high blood pressure, cholesterol, obesity, you know, diabetes, heart issues, circulatory, cardiovascular, neurological, dementia, Alzheimer's, osteoporosis, all those chronic degenerative conditions, the hospital system is the worst possible solution.
They will kill you for profit rather than help you.
And you know that.
If you've been listening to this podcast for any length of time.
All right.
Next, we are going to play the new music video for you.
And it's called Don't Believe Your Eyes.
And I wrote this song about the AI fakery that's happening in our world.
Wearing VR goggles, and they're having augmented reality AR or virtual reality, and they're getting lost in these worlds, or some people are, I suppose.
I've actually never used augmented reality goggles.
My real reality is interesting enough as it is.
I don't need to augment it, you know?
If I want to augment my reality, I just go outside and walk in nature, and that's pretty augmented.
So I don't do augmented, I don't do virtual whatever.
But I do use a lot of computers, obviously, in my work, and I see that there's a strong tendency for, like, AI-generated characters in an augmented reality kind of context, and people are going to lose their humanity.
And what this music video also addresses is how people will form relationships with AI systems inside the virtual reality.
And so there are some images in this video that show that.
That might be quite shocking.
Nothing is obscene, but it will provoke some thoughts.
So check out this new music video.
And remember, the whole thing is AI-generated.
I mean, the music video, of course.
I created the song.
I wrote the lyrics.
It's all my passion.
And the overall message is to escape the virtual world and get out into the real world.
You'll see that message in the song.
But here goes the song.
Enjoy the song, and remember, you can download all my music for free at music.brighteon.com.
Here we go.
Floating avatars dancing across my room And I think I just bent a spoon And now there's digital voices inside my head And a crypto rig running under my bed A thousand virtual friends are liking me Wait till they see What I can see When
the world is filled with lies And your waking life is synthesized Break the illusion and realize Don't believe your eyes If you see beyond the synthetic veil Make tracks down digital rabbit trails I hope you realize It's a comic surprise Got
to install my brain today.
I got a cloud computer, gonna take its place.
I got some VR goggles, gonna morph this space.
But the truth I can never replace.
I got a quantum computer with a GPU.
A viral video, a million views.
I got a talking avatar.
Oh yeah When your world is filled with lies And your waking life is synthesized Break the illusion and realize Don't believe your eyes Don't believe your eyes If you see beyond the synthetic veil Make tracks down digital rapid trails I hope you realize it's a comic surprise Don't believe your eyes Don't
believe your eyes
My feet touched the sand for the first time today I saw the sunrise, it took my breath away I felt the wind blowing whispers across my face And I cried when I didn't recognize this place Synthesize
Break the illusion and realize Don't believe your eyes Don't believe your eyes You see beyond the synthetic Alright,
did you notice that the sheep wearing the VR goggles were walking backwards into the space vortex?
Yeah, that was a special little clip in there.
It took a long time to put together this video, even with AI rendering, and the last scene was supposed to be VR goggles being dropped from the top of the frame and crashing into the trash can.
And we couldn't make AI do that.
So we had to actually render it blasting off from the trash can, and then we had to reverse the time of it to make it look like it was falling.
It didn't really work, but nevertheless, it's still rather interesting.
Notice also the scenes about the AI, like the AI woman there with the Obey sign.
And the reason that I wanted to portray this, and there was like a Japanese guy going on a date with like a cartoon avatar with long blue hair, and there was a scene where a couple are in bed, but both of them are wearing VR goggles, so they're both in their own worlds, even though they're literally sleeping right next to each other, right?
I wanted to show these scenes because I think this is one of the real cultural dangers.
of not just AI systems, but AR or VR in particular, which is that as humans become more and more fragmented in their social skills because of their lack of real-world socialization, more of them will tend to turn to AI companions or VR companions.
You're going to see a lot of this, especially among the younger generations.
Where a lot of them don't even want to date anymore, and in countries like Japan, there are almost, I mean, the marriage rates have plummeted, the birth rates have plummeted.
Japan is suffering a demographic collapse because nobody wants to go on a date.
Nobody wants to get married.
They hardly even want to have sex anymore.
It's that bad.
They're not having babies.
The government has to give you money to try to make babies.
I mean, do you ever think we would be in a world like that?
And it's not just Japan.
This is also a tendency in places like Taiwan and even in China and in America and Europe, etc.
People are retracting from the real world and they're going into these virtual worlds and they're finding actually stronger emotional connections with their artificial companions, artificial girlfriends, artificial friends, artificial whatever.
And, you know, I'm an advocate.
Of certain uses of AI when used ethically, such as teachers, to teach skills, to develop customized lesson plans.
I think AI can revolutionize education, for example.
But I am not an advocate of AI replacing interpersonal human relationships.
I think it's critical for people to get out into the world and to interact with other actual human beings.
And not just have an AI robot agreeing with you on everything.
And part of what I fear we're going to see is a real collapse in human birth rates across the board as more and more people find that their most fulfilling relationships are with artificial machines instead of humans, you know?
We're just at the very tip of that happening and it's going to accelerate.
Especially as AI becomes more capable.
And even right now, there are people who have...
Well, there was a poll recently that showed, I think, the number one use of AI right now in Western countries is either for personal counseling or as companions.
I mean, wild, right?
I mean, I use AI every day for...
Summarizing articles and doing research and obviously creating music videos and things like that.
Didn't even think of the idea that I would turn to AI to be a friend.
It's like, are you kidding me?
Come on.
It's a machine.
It's not a real person in there.
It's not like a little person inside the box.
But a lot of people use it that way because they're craving.
Connections.
So much that they can't figure out how to navigate relationships in the real world.
And I feel for them, you know.
I feel empathy for them.
I can't even imagine what it would be like to try to be on the dating scene these days.
I mean, I can't.
What a nightmare that would be.
Can you imagine?
I mean, especially given what most of you believe and what I believe.
We're so well-educated.
We're so aware of what's happening.
We're high IQ, also high vibration.
We're skeptical of vaccines.
We don't fit in a nice box of any belief system.
We're not really liberal or conservative or libertarian or anything.
We don't nicely fit in one religion either.
Our knowledge and our belief systems We tend to transcend any fixed system because we believe in growing your own food and also natural medicine and avoiding herbicides, but also economic freedom and hard money like gold and so on.
And these kinds of belief systems very often don't go together in sort of mainstream people.
Like if you went on a dating site...
And you put in your profile that you love home gardening and gold.
Right?
You love economic freedom, but you also want to end government coercion.
You're not going to get any dates.
You know what I'm saying?
It's like, that's not what the average dating person is looking for.
At least that's my guess.
I would imagine dating sites are very superficial.
But can you imagine even...
And if you're listening to this and if you're in the dating scene, I feel for you.
That's very difficult.
I have no idea.
I have no advice for you in that realm.
I've got nothing.
Just good luck is all I can say.
Be true to yourself and hopefully you'll find that one special person.
But good luck.
But anyway, because of all that, a lot of people are going to turn to machines for relationships and then...
And that's going to be virtual at first, you know, through the keyboard or through a voice communication system.
You know, at first, you're typing to an AI, and then before long, they'll probably have, like, you know, very rapid voice control AI interface systems, and you'll be able to just talk to the AI, and it'll talk back to you.
And then people have, like, their laptop computer or something.
They carry it around the house so they can take their friend with them.
So they can talk to their computer all the time, and it talks back.
And then, at some point, it's going to be in a robot.
It's going to be in a robot that walks around the house with you, and then people are going to have relationships with their five-foot-tall robots.
That seems to be like the typical height of the robots right now.
To make them seem less intimidating, they're all about five feet or four foot ten, something like that.
So you're going to have these five-foot robots.
That people are going to think is their friend.
And they're going to actually have attachments to them.
Some people might fall in love, you know, with a five-foot robot.
Okay, good luck with that one.
I mean, it's not hard to imagine where this is going.
People are going to dress up their robots.
Okay?
We should do...
I mean...
Not that I have time to do this, but it would be fun to do a comedy skit about this.
It's like you go over to your friend's house and say, hey, Bob, thanks for inviting me over for lunch.
And then this five-foot robot walks out of Bob's hallway or whatever dressed like whatever is Bob's fantasy.
It's like, dude, what the hell?
What is this robot?
You know, wearing, like, I don't know, what would be a costume?
Oh, dressed up like a nurse or a flight attendant or whatever the themes of, you know, like adult attraction would be.
Can you imagine that?
But people will do that.
There's no question that people will do that.
And they'll have relationships with their robots dressed in You know, outfits and whatever.
So I guess business is going to be good for robot outfit companies.
If you want to start an online business, have like an online shop for your small robot.
And here's all the outfits.
It'd be like Halloween costumes.
Like, here, you can dress up your robot like a doctor, like a nurse, like a whatever.
Halloween.
Take your robot trick-or-treating.
You know, send it out trick-or-treating.
And all the neighbors think it's a kid.
It'll collect candy for you.
Bring it back home.
Craziness is about to happen in our world because of these AI robots.
That's for sure.
I think if I had a five-foot robot, I would dress it up like C-3PO.
And I would tell it to talk like C-3PO so I can pretend like Star Wars has come to my house.
Have a little R2-D2 running around, you know?
And I would tell C-3PO, you gotta do the dishes and you gotta pull weeds.
It would be like the chore bot.
And I've even said previously, the number one robot that I want is a weed-pulling robot.
I want robots that can save me time on chores, you know?
I want a robot that can feed the chickens and gather eggs.
Because I do that all the time.
I want a robot that does stuff around the ranch, like...
Like, pulling weeds, like I said, or picking up all the balloons that fall on my ranch because of the wind patterns out of the cities of Texas, like birthday balloons and stuff, helium balloons, and I keep finding them on my ranch, you know, these metallic-looking balloons that have, like, birthday messages on them or whatever.
I'm like, please, you know?
All you people in the cities, when you release those balloons, you know it falls on somebody's ranch.
So I need a balloon.
I need a trash-gathering robot that also knows how to gather balloons.
That's what I need.
You know what would be really fun?
If you had a five-foot robot, dress it up like an extraterrestrial.
It's about the right height.
So just put an ET face on it.
Giant eyes.
Gray skin, a little tiny slit of a mouth, you know?
No hair, no ears.
It's like an alien.
And have it walking around picking up trash.
It's like, what the hell?
ET, pick up trash, you know?
That's what I would do.
Okay, that's my decision.
If I get a five-foot robot, I'm dressing it up as an alien to freak out everybody.
All right, with that said, let's go to my special report today.
Where I am critical of Trump's new trade deal, quote, victory.
It's not a victory at all.
It's a loss for America.
It's a victory for China.
And that's why I'm critical of it.
I thought Trump's team was going to negotiate on our behalf.
It turns out they negotiated to give China a better deal.
And the U.S. has a worse deal.
So I'll go through the numbers with you.
Enjoy that report.
And we'll be back on the other side.
And I've got an interview coming up with Andy Shackman straight ahead.
Alright, welcome to this special report on Trump's trade deal, which was a total surrender to China by Trump.
And yet, astonishingly, and this is kind of the point of this broadcast, Trump supporters and the White House and the Trump media and Fox News are all celebrating this total capitulation by Trump as some kind of an art of the deal victory, which is absolutely astonishing.
And it makes me thinking I'm actually living in idiocracy.
Now, as you may recall, in idiocracy, nobody could do math.
And you could spit out numbers to trick people.
And that's exactly what the Trump administration has done here, tricking people who are otherwise intelligent into thinking this is a great deal.
Well, I'm going to break it down for you here and just explain, using basic math, why America...
Just got royally screwed by China, actually, in this deal that Trump is announcing as a victory.
But first, this 50-second clip from Idiocracy, which explains exactly what I'm talking about.
Check this out.
I supersized with you, but didn't you go to jail for not having enough money?
Okay, how about this?
You get me to the time machine, and when I get back, I open a savings account in your name.
That way, 500 years later, it'll be worth billions.
Billions!
Because?
Because of the interest, it'll be worth billions of dollars.
Oh, I like money.
Yeah.
How many billions?
Like, ten.
Yeah, suck one.
Time machine costs like 20. Yeah, okay.
Uh, 30. All right, so there's the idiocracy.
I like money.
Yeah, yeah.
It sounds like Forrest Gump, right?
Peas and carrots.
And we was running and running and running.
Anyway, that's Forrest Gump, and we're living in an idiocracy world.
So let me explain.
Let me break it down here.
So in order to understand this, we have to know what China's tariffs on U.S. goods were before April 2nd, because April 2nd was Trump's big liberation day.
And if you go to Visual Capitalist, And you read their average tariff rates by country, published April 3rd, 2025.
They compiled this just one day after April 2nd, but it was showing the rates up until Trump's Liberation Day.
China had an average tariff on U.S. goods of 3%.
Okay?
3%.
Remember that number.
Because China and the United States are part of the World Trade Organization, the WTO.
And so they have most favored nation rates between each other normally.
And so China did not have a 67% tariff rate as Trump's team claimed they did.
Not at all.
China had a 3% tariff rate.
Okay?
Now, then on April 2nd, Trump announced the big trade war or liberation.
And then over the subsequent weeks, the U.S. ended up slapping a 145% tariff on...
China made goods.
And then China reciprocated with a 125% tariff on U.S. goods.
And China said, we're not going to raise it anymore because this tit for tat, just everybody's a loser.
This is crazy.
This is insane.
And China said, we're not even going to negotiate until you just drop your tariffs back to some reasonable level.
And fast forward then to this recent weekend when Trump's team, they met with China's team in Geneva because China happened to already be there for other events.
And they hammered out this new deal, okay?
This new deal that was announced by Trump as an amazing, wonderful, great, brilliant deal for America.
This is a victory, and the stock market skyrocketed.
It's a victory, and the business community, this is awesome!
And they all screamed, I like money!
And what it actually did is it tripled China's tariffs on U.S. goods.
From 3% to 10%.
So, actually, a little more than triple.
So, from 3% to 10%.
So, remember, before April 2nd, U.S. exporters faced a 3% tariff, on average, importing into China.
Now they face a 10% tariff.
Meanwhile, Trump dropped the 145%, and he went back down to 10%, plus a 20% Duty related to fentanyl, which has nothing to do with the tariffs.
It's not part of the negotiation.
So it's not even called a tariff.
It's called a duty.
It's a different deal.
So now China and the U.S. each have 10% tariffs on each other.
Whereas before all this, the China tariff on U.S. goods was only 3%.
So if your goal is to have more U.S. companies have more exports to China, To try to solve the trade imbalance, I dare say, how is this a victory?
How is this a victory?
That's a lot of billions.
It's like, please, just watch Idiocracy over and over until your brain gets fried enough to try to understand how this is the art of the deal.
And let me explain the context here.
I'm not looking.
For opportunities to hammer Trump.
That's not at all what I'm doing, and I'm really glad Trump won the election.
Don't get me wrong.
Now, I didn't vote for him, but I was confident that he would win, and I certainly did not vote for any Democrats.
And I'm glad that he won.
And, you know, America was on the verge of total collapse before this last election.
But unlike a lot of Trump supporters, I don't put my brain into...
Like a suspension mode just because Trump got elected.
I still think.
I still do the numbers.
I still look at things critically.
I can still do math, for God's sake.
And I know that 10% is higher than 3%.
And I know that Trump, basically, he tried to bluff his way into getting something from China, which, so far, we have nothing from China.
I mean...
Was there anything announced that China gave us, or that China gave in, or that China capitulated on anything?
Has there been a single thing reported?
No.
Nothing.
There was nothing that China gave America in this deal.
And it's not even being announced as a deal.
It's being announced as a temporary 90-day suspension of the high tariffs while they try to work out a deal.
So, technically, we don't even have a deal.
The Art of No Deal is what we have.
That should be Trump's next book, The Art of No Deal.
So we also don't have anything that China gave in about.
I mean, can you think of anything?
I know that everybody's all like, happy, happy news.
Oh, it's great.
The stock market's going to go up.
Business is great.
The shelves aren't going to be empty.
It's all good now because Trump got us a deal.
And if I ask people, well, what did Trump get from China?
They can't name anything.
They can't name a thing.
Other than just both parties agreed to drop the high tariff rates back down to 10%, which again is triple, more than triple, what China was previously charging us.
So the upshot of this is that China has higher tariffs on the U.S. than before, and China didn't give us anything that Trump is asking for.
And if you go back to so-called Liberation Day, April 2nd, you may recall that Trump's team I falsely claimed that China had a 67% tariff on U.S. goods.
And I remember in the first few days after that, I got hoodwinked by that too.
I was saying, oh man, that's crazy.
Yeah, we should have reciprocal tariffs on China if they're charging 67% on all our goods.
Yeah, then it's reasonable for us to have 33% or whatever back on them.
And I believed, granted that's my fault, I believed that Their numbers that Trump was showing us on this giant board, I believed for a short couple of days, I believed that those numbers were accurate.
And then I found out those aren't tariffs at all.
There's some kind of funny math related to trade imbalances.
So Trump was saying basically there's some kind of a 67% trade imbalance between the U.S. and China.
The way they came up with that number doesn't even make any sense economically anyway, so I'm not even going to try to explain it, because it just doesn't make any sense.
So the trade imbalance issue is actually what Trump was targeting with the tariffs, right?
Right?
This is what Trump essentially demanded, was that China take steps to correct the trade imbalance.
And how do you correct a trade imbalance?
Well, it would mean that the U.S. would have to sell more goods to China, and China would have to sell fewer goods to the U.S. Okay?
Right?
Because that's the only way you solve a trade imbalance.
So I ask you this.
What has been announced or agreed upon over the weekend between the U.S. and China that would resolve the trade imbalance?
Can you think of anything?
Is there anything at all?
And the answer is nothing.
If anything, this so-called deal worsens the trade imbalance because it makes U.S. exports more expensive for Chinese people to purchase.
And those exports typically include soybeans and corn, among other things, by the way.
So now U.S. farmers just got hurt with more than triple tariffs that China is placing on U.S. agricultural products.
It's like, how is this a good deal for America?
It's not.
It's a horrible deal for America.
But what Trump has managed to do is to package it as a success.
And because a lot of his supporters are not thinking critically about this issue, apparently they can't do math at all, they think this is a victory.
And they're probably also out there buying lottery tickets because...
Lottery tickets, that's a tax on people who can't do math.
You know, I mean, I think if you can't do math in one area of your life, you typically probably can't do it in any area of your life.
This is not a good deal for America.
This is a defeat of Trump by China.
And it's exactly what I predicted would happen.
Exactly.
You heard me talk about this in the past few weeks.
I said, look, I know Chinese culture.
I mean, you know, I speak Chinese.
I lived in Taiwan.
I know Chinese people.
And I know that you don't achieve victory against Chinese leadership by insulting them in public and shaming them in public.
That is exactly the opposite of what you need to do.
You have to make them look good in public.
And then you negotiate uncomfortable details behind closed doors, okay?
That's how you deal.
With Chinese people, trust me.
And this is just proving my prediction as being completely accurate.
I also said that China will not capitulate.
China will not give in to the U.S. because of their whole history.
The history of imperial control, the history of the British Empire and Hong Kong and the Opium Wars.
The history of the Japanese occupation in World War II and the history of internal strife in China throughout all the different dynasties spanning thousands of years.
I can tell you from the history of China, they are very long-term thinkers.
They will endure a trade war rather than capitulate to what they see as an imperial force, which would be the U.S. today.
And I even pointed out that the Chinese people are capable of great suffering and great sacrifice.
And they can live with that as long as their nation wins in the end.
So I said, look, hunker down.
If China has to wait a year or multiple years, they can do that.
But I also said, part of my prediction was that the U.S. won't be able to last very long.
Now, I didn't think it was going to be just a couple of weeks before Trump.
Caved in and surrendered to China.
I thought maybe Trump would hold out through the summer or something.
You know, give him a few months to try to hold his ground on this before completely capitulating.
But I was wrong.
It turns out that Trump couldn't last a month on this.
Well, I mean, since April 2nd, it's been more than a month.
But since I made that prediction, it hasn't been more than a month.
So Trump gave in.
China just won.
China achieved art of the deal.
And all Trump did was cause chaos in the supply chain.
He introduced massive delays that are going to impact the U.S. retail marketplace and auto manufacturers and Amazon and so on because there's about a six-week gap in the pipeline from China now.
And you can't solve that.
That gap is about to arrive in the next couple of weeks.
You're going to see supply chain problems now for anywhere from one to two months.
And that's no matter what happens.
Even if China restarts all the factories today, you're going to see a one to two month period of chaos on shelves and supply chains and you can't get parts, whatever.
But hey, at least it's only one to two months.
It's not a year, which would have been catastrophic.
And I think that what happened here is that Amazon called the White House and said, you're going to put us out of business if you decouple from China.
And Walmart called the White House, and Ford called the White House, and General Motors, and pretty much every large company, manufacturer, or retailer in America called the White House and said, you're killing us here, Don.
Come on.
You've got to turn this thing around.
And a lot of the manufacturers, you know, even though they make their products in America and they're labeled made in America, they will use typically some components from China.
And if you're missing the one component, you know, you can't make the product.
So, you know, you can make 99% of a car, but you still can't sell it if it's missing one microchip or something that comes out of China.
So all these companies were no doubt calling the White House and saying...
You've got to resolve this thing.
You're going to cause scarcity and inflation and supply chain chaos, and you're going to bankrupt U.S. companies left and right.
So what did the media report during all of this?
The media reported that China was on the verge of collapse, that China was going bankrupt, and China was struggling with the tariff war.
Not that anything was happening in the U.S. because the empty shelves hasn't happened yet because the pipeline hasn't...
I should say the gap in the pipeline hasn't yet wound its way through the system.
You see, when China shuts down factories, there's about a six-week delay before the empty products impact U.S. retailers.
So China feels the effects first, and then the U.S. feels the effects second.
Roughly about six weeks later, depending on whether it's West Coast or East Coast, what have you.
So the effects haven't yet really been fully felt by America, and even so, Trump was getting heavy domestic pressure to reverse course, you know, drop the tariffs.
And that's exactly what he did.
And then, like I said, he just packaged it as a victory.
And a lot of his base just bought it, either because they're just, I don't know, Trump groupies or something, or they...
They refuse to look at the math.
They can't do math.
They don't want to look at the numbers.
They're not interested in reality.
They just want to claim a victory when it's not a victory.
I don't know.
I mean, you pick the reason that you're most comfortable with.
But I'm telling you, this is no victory.
This is a surrender by Trump.
And it's not even officially a deal.
Because remember, it's a 90-day pause in the tariffs during which there are supposed to be negotiations.
Well, we don't know what's going to be announced after 90 days.
You know, it's very clear to me that China is coming to the table with a much stronger negotiating position now.
Because Trump was the one that begged to talk to China on this.
China's like, we don't need to talk to you.
You know, you drop the tariffs and then we'll talk.
That was China's position.
China wasn't begging Trump.
You know, Team Trump was begging China.
Like, please, come to the table.
Let's work something out.
Let's pause this so we can announce a victory.
And sure, China agreed to a 90-day pause.
But at the end of 90 days, do you think China is going to give in to now a weakened Trump administration?
Or a USA that looks even weaker than before?
A USA that couldn't even last two months in a trade war without...
Crying tears of, oh, we're all broken, we have to negotiate.
Yeah, see, China just learned that they don't have to capitulate at all.
And if you're listening to this, by the way, don't get me wrong.
I'm an American and I love America.
I'm a Texan and I love Texas.
I am not a resident of China.
I'm not favoring China.
I favor America.
We have to approach these kinds of deals in a rational way that takes advantage of America's strengths and doesn't just try to bluff the Chinese.
Because, like I said, my prediction, you can't insult the Chinese and bluff the Chinese into capitulation.
It won't work, and it didn't work.
And it's not going to work in 90 days either.
So my prediction is, in 90 days, China will still not surrender to America.
But Trump will have something that he'll be able to announce a brilliant victory.
It'll be something like, well, China agreed to open their markets to another fast food chain from the West or something.
China agreed to allow Walmart to expand in 10 more cities or whatever.
It'll be some little thing that doesn't even really matter, but it'll be announced as a huge victory and then the stock market will skyrocket and then Trump will parade around like...
You know, I got us a deal.
I defeated China with my brilliant negotiation.
And the Chinese would be laughing like crazy.
It's like, what's he talking about?
Like, we owned you in the whole negotiation.
We got what we wanted.
You didn't get jacked.
So that's no doubt the way this is going to go.
And I'm pretty sure that 10% is the same deal that the U.S. reached with the U.K. And the U.K. is our ally, right?
So Trump just gave China the best deal that our allies get.
And China is supposed to be the big enemy that we're supposed to be strategically overpowering and long-term destroying their economy or whatever the plan is.
So then we just gave them the best deal on the planet?
While Trump announces victory.
Again, I'm not going out of my way to try to hammer Trump.
I am a, let's say, an equal access critic, but, you know, I'm a high IQ, high math functioning person, and I can't help but look at the numbers and go, wait a minute, that does not compute.
And it just seems rather obvious, you know?
So, we didn't win.
We didn't get a deal.
We got reamed, actually, and in 90 days, we're probably going to get reamed far worse.
But the stock market will keep going up as long as we're living in idiocracy and people can think it's good news.
Oh, we're winning!
How many billions is that?
80 billions!
That's a big minus, isn't it?
Yeah, it's 80 billions.
So this is why it's dangerous to try to short the stock market.
That's why I don't do that.
Because even though the market may be wildly overvalued and it's propped up by mathematically illiterate Morons.
You don't know the limits of their stupidity.
Their stupidity can go on for a long, long time, and it can actually bankrupt you if you're buying put options or holding a bunch of shorts or whatever.
You can actually get wiped out because you're betting on reality when, in fact, the whole market is run by stupidity, which is set by false expectations and fake announcements of victory and whatever.
It just goes to show you...
How irrational the markets really are, which is why I prefer gold and silver, because the value of gold and silver doesn't depend on somebody's stupidity.
It depends on the table of elements.
You see?
So I would rather not jump on some bandwagon that only holds value as long as there's enough mathematically illiterate people involved who will keep propping up the price.
No thank you.
And finally, I want to mention that the empty shelves issue is still going to hit us.
It's going to hit, like I said in previous broadcasts, it's going to start hitting in about two weeks in parts of America, and you will see it throughout June at some level.
Not a catastrophic level, but you're going to see some kind of chaos.
And then sometime in July, That should start to get sorted out.
And then we have to wait and see what happens with the negotiation with China in 90 days.
And I guess we'll have to stay tuned then to find out how much more America gets screwed.
And by the way, as a final thought here, I know people say, well, it's easy to be a critic.
And I agree, it's easy to be a critic.
But sometimes people ask me, what would you do?
How would you solve this problem?
Okay, that's actually an easy answer, but it's difficult to implement.
First of all, you have to radically revamp the entire education system to stop producing woke tards out of the public schools and the universities.
So you have to end the NEA, the Teachers Union, completely.
You've got to end it.
You've got to get all the woke idiots out of schools.
Then you actually have to start teaching math and science and engineering and history.
You have to return to an education system that educates people.
And then instead of the Woketard University system, what you need is trade training programs so that a lot of kids coming out of high school can go immediately into some kind of a mentorship or an internship to learn hands-on skills.
What kind of skills?
Well, the kind of skills that you would use in manufacturing, right?
So machining skills, or 3D design, CAD design, 3D printing, whatever, materials science, minerals extraction, metallurgy, or mechanical engineering, or whatever.
All kinds of skills that would be used in manufacturing.
So that then, within a generation, you have millions of Americans who actually know how to do stuff.
One way that you would get there is you'd have to ban all mobile phones in all the high schools and grade schools.
If kids show up at school with a mobile phone, you put the phone in a box for the whole school day.
And then you've got to make school a lot more interesting, which means you have to have natural sunlight in the school.
You can't have artificial light all day because that's putting kids to sleep.
You've got to stop the mass SSRI drugging of kids.
And then you have to teach them interesting stuff.
And guess what's really good now at teaching?
AI systems.
You can use AI to build really interesting teaching programs for kids in every area.
You can teach it more easily now than ever before in human history.
So you need a radical revamp of the education system.
And then, if you do a good job with that, in about 20 years, you're going to have a workforce.
And then that workforce would allow you to build factories at that time and actually have people who could work in them.
And you'll probably also have some pretty advanced robots available by that time as well that can assist in that project.
But you can't just pop up factories overnight when you don't have a skilled workforce, you don't have a domestic infrastructure.
For all the factories and all the parts and all the deliveries and logistics, etc.
And you don't even have a tax structure in the United States that allows people to make a lot of investments in factories because you have this crazy long IRS depreciation schedule where if you build a factory, I mean, I know this because I build buildings.
I pour concrete.
You know, I expand operations and every time I do, it's like being punched in the gut because the IRS won't let you write it off.
You have to write it off over 30 years.
So now, you know, your cash flow is a giant sucking black hole because of the tax situation.
So if you want America to build factories, you got to get the IRS off everybody's backs.
You got to set the entrepreneurs free to actually make investments in infrastructure.
Like, if you let me Build factories and write it all off this year.
I'm going to build more factories, you know?
And I'll figure out a way to train people.
I'll have training programs right out of high school or something.
I'll have semi-automation along with the human workers that are trained.
I mean, we'll figure it out.
But the tax structure punishes businesses in America.
There are so many things that you could do immediately.
End the IRS.
End the regulatory tyranny in America.
End the Woketard education system, or I should say reform it to the point where you're actually teaching skills, and then start a massive nationwide skills-building internship type of program where even adults who are displaced by AI robots or AI agents, they could get free training paid for.
By the federal government, you know?
I mean, I'm not a big tax and spend guy, but in this case, free retraining is a worthwhile investment in the workforce where even an adult could go in and they could learn to code or they could learn to run AI systems or they could learn engineering or they could learn design or whatever.
That makes a lot of sense as a nation.
So that's how you actually solve this problem.
But it can't be done overnight, and part of it is a cultural thing.
Because in America, often in schools, it's not cool to be smart.
It's not cool to be the capable kid who knows how to do anything.
It's cool to be the dumb kid that's failing and never shows up.
That's the cool kid.
So culturally, a lot of things have to change as well.
But that's all doable.
But I don't see any of this happening.
Do you?
You see any of that?
No.
The announcements that I've seen on behalf of Trump and the White House of investments in America are all automated systems.
From what I've seen, like, what was the company, Oracle, a couple other companies were announcing big AI data centers, a big data center expansion.
In Texas, no less.
Like, I think they said $500 billion of data center expansions.
Okay.
Well, data centers don't hire a lot of people because the people aren't, like, mining the data.
There's nobody in there.
It's just racks of computers and servers and cooling systems.
So if you build a bunch of data centers, have you employed a bunch of people?
No, you haven't.
I mean, you employed people one time to build it, but once the construction's done, those people are done.
I mean, that job is over.
Or they're talking about, oh, we're going to build robot factories.
Okay.
Well, robot factories are going to be run by the robots, made by the robot factory before very long.
Well, they're talking about, oh, we're going to have a new microchip plant, you know, Samsung or Taiwan Semiconductor or whoever.
We're going to invest in microchip plants.
Okay.
Well, how many humans work in the microchip plants?
Well, fewer and fewer because of automation.
And before long, it's going to be AI robots.
Working in the microchip factories to make the microchips.
You're not going to have anybody in there except a couple of humans to hit reset on broken robots or whatever.
That's about it.
So I don't see investments happening in America that are going to create human jobs.
What I see is a bunch of automation investment that's actually going to require a massive amount of energy.
Which is one more point I should mention before I wrap this up.
If you want to make America more competitive in the world, you have to make energy affordable for the energy consumers, which would be the factories and the businesses.
So how do you do that?
Well, you've got to drop the green retard climate cult lunacy, number one.
You've got to stop with the wind farms and the solar farms because they're...
Crazy expensive.
They don't produce power reliably.
Hailstorms tear apart the solar farms and the wind turbines obviously don't generate electricity when the wind isn't blowing.
The solar farms don't generate electricity when the sun isn't up.
So what are you going to do?
Have data centers in Texas that only can process data when the sun is shining?
Well, what about after dark?
What are you going to do?
I mean...
It's insane to think that you could scale your economy on intermittent power sources that are out of your control because of things like, oh, day and nighttime, or wind versus no wind, you know?
That's crazy.
And it's the climate cultists who are irrational and scientifically illiterate who think that you can run a nation on renewable power.
Well, Spain just found out that you can't.
That's why they had...
A near total blackout a couple weeks ago because their renewable power systems failed.
If you want reliable power that you can scale, yeah, coal and natural gas, but you've got to have nuclear power.
You've got to have nuclear power plants that you can scale up by dropping more rods into close proximity to heat up the water, to drive the turbines, you know, to generate the...
The gigawatts of power that you need to power all these data centers.
So I'm wondering if they're going to invest half a billion dollars in Texas data centers, where's the power coming from?
Because you're going to need like a dozen nuclear power plants in the next decade.
And I don't see anybody building nuclear power plants in Texas, do you?
I mean, maybe I missed it, but I don't see any nuke plants going up.
Those take a long time to build.
The bottom line is, if you want America to be competitive in manufacturing, you've got to make electricity dirt cheap.
And what's the price of electricity in China?
Well, I don't know the average price, but it's well below 10 cents per kilowatt hour.
I'm certain of that.
In America, it's a lot more than 10 cents per kilowatt hour.
You've got to get it below 10 cents per kilowatt hour in order to be competitive.
So we should be unleashing cold fusion.
We should end the suppression of energy technology.
We should be working on micro-nuclear reactors that can power 100,000 homes or a giant data center.
You should have a nuke plant next to a data center so you can just scale up the power without robbing power out of the grid that's used by people to cool or heat their homes, for example.
But I don't see this kind of planning taking place.
Do you?
What I see is that the Northeast power grid announcing that they might have rolling blackouts this summer.
I covered that yesterday.
I don't see power resiliency in America.
Meanwhile, China's building a coal-fired power plant every single day, it seems like.
And they've got massive coal supplies from Australia.
They've already secured energy for the next 50 or 100 years.
America, meanwhile, is still suffering under this climate cultism lunacy where all these radical leftists think it's bad to use energy.
So you can't compete with the world if you think energy is bad.
So you've got to change that too.
And yes, some of that's changing.
I mean, we have Lee Zeldin, head of the EPA.
And that's a really positive thing, by the way.
Zeldin's doing some pretty great stuff so far.
I think Zeldin is one of the shining star examples of someone getting things done, actually, in this administration.
Whereas, like, Secretary Kennedy, RFK Jr., seems to be kind of somewhat paralyzed at HHS, but Zeldin at EPA is getting things done.
He's going to ban that stupid auto stall feature on your car, where every time you're at a stoplight, your car shuts off, you know?
The dumbest feature ever.
Like, who put this in all the cars?
Well, the government.
The EPA mandated that.
Like, every time you're in a stoplight, your car shuts off.
Like, what?
And then it has to start back up when you take your foot off the brake.
So, all your starters go bad sooner than they would, and you gotta buy starters.
You have to replace the starters all the time.
Where do the starters come from?
China.
And then you gotta pay all the labor and everything.
So...
We've got to stop with the stupidity.
We've got to end the idiocracy overlay in America and start being smart about this.
The problem is everybody's so dumbed down from vaccines and chemtrails, and I covered this yesterday, all the heavy metals, all the pesticides and herbicides and the fluoride.
There's a mass dumbing down cognitive attack on America, and it has worked.
People are dumber than they've ever been in the history of this country.
Right now in America, they're the lowest IQ people ever.
I mean, seriously, in the history of the whole country, because of all the deliberate attacks on their neurology.
Vaccines cause brain damage, fluoride causes brain damage, chemtrails, heavy metals, you know, all the things I mentioned, and a lot more.
5G, electromagnetic exposure, you name it.
People are dumbed down like never before.
So it's very difficult to suggest anything.
That makes sense that would also be recognized by people as making sense.
Hence, me playing the clip from Idiocracy.
We are living in idiocracy.
And it won't be long before when you say something in English to somebody, when you say something like, well, why are the corporate tax rates going to 25%?
Then the typical moron is going to say, you talk like a fag, you know, because that's a line out of idiocracy.
To speak in English in a way that makes sense is to, quote, talk like a fag.
You know?
And don't forget the doctor scene out of Idiocracy.
You know, like, your bleep's all effed up and is like, yeah, yeah, you know?
Like, that's the way the doctor talks.
And that's just about where we are in society right now.
Remember, it was a couple years ago that I was at, I think it was an office supply store, and there was an item that was 10% off, and I brought it up to the cashier, and they couldn't scan it.
It was unscannable, you know, which freaks people out.
That's also a line from Idiocracy.
And they were just befuddled of how to calculate 10% off, you know, and let's say it was like...
$90 or something.
And they couldn't just in their head say, oh, it's $9 off that, so it's probably $81.
That's too complicated for today's youth for the most part.
So I remember that this cashier, it was a young woman, she pulled out a calculator and then she was staring at the calculator like just...
An actual retard, you know, just like, like hoping that the calculator would solve the problem.
And I said, look, you know, you type in 90 times.9.
And she literally said to me, because I was, you know, obviously I'm trying to give her the formula for how to calculate 10% off.
She looked at me, and as I remember, she said, how do I know that's the right formula?
And I'm like, oh my God.
How are you even working as a cashier?
That's insane.
And that was years ago.
I think that was pre-COVID.
It's gotten a lot worse since then.
But that's how dumbed down people are.
We're living among a species that we can only call not homo sapiens, but homo stupidus, let's say.
Homo stupidus.
That's the species that's all around you.
They're homo stupidus.
Because they can't do basic math.
And you know, like, freaking chimpanzees can do math.
You know that?
You know dogs can do basic counting also.
Primates can count pieces of food and things like that.
But these humans that come out of the education system, they can't do basic math.
Homo stupidus.
Yeah, that's the species we're living among.
And that's why it feels like you're on an alien world sometimes.
When you're the only person that knows how to process integers and things, it feels like you're in an alien world because you can tell people.
If you were to go out to dinner with a typical group of dumbed-down morons, which hopefully you wouldn't go out to dinner with people like that, but if you did and you were trying to calculate a 15% tip on a $100 tab and if you say it's $15 and they'd be like, We're not sure that's right.
We're going to have to Google that.
It's like, oh my God.
How do you tie your shoes?
I mean, how do you function if you can't do basic math?
So don't believe everything you hear about trade deals and tariffs and numbers.
Actually look at the numbers and you'll find out that you've been lied to by the establishment.
What else is new?
Right?
And look, I'm willing to give credit to Trump where it's due, and he has done some positive things recently, and I'm covering those separately, and I'll say some positive things about that.
I'm always trying to be fair in my assessment, but I'm not a groupie, and I'm not going to cover for Trump or anybody.
If they do something that is a loss for America, I'm going to call it out and just be upfront and honest about it.
You want me to do anything less than that?
By the way, that quote from Idiocracy, it's so hilarious because as I recall, that character is asking the question of what's the minus of 20 and 30?
What's the minus of 20 and 30?
Instead of saying, what's 30 minus 20?
He's like, what's the minus of 20 and 30 or something?
He said it some way like that.
Even hard to remember because it's so bizarre.
But it was perfectly scripted by Mike Judge, who actually wrote that film, to sound like a mathematically illiterate moron.
So he absolutely nailed it.
Alright, thank you for listening.
Mike Adams here, The Health Ranger, naturalnews.com, and brighteon.com.
And yes, we can do math and we can code.
So I hope you enjoyed this.
Take care.
All right, welcome back.
I've got a Bright Learn book review video for you today.
We're going to go to that next.
It's called When Healing Becomes a Crime, The Amazing Story of the Hoxie Cancer Clinics and the Return of Alternative Therapies by Kenny Alzebel.
And this book, it's been around for a few years.
I read it many years ago.
It's a great book.
And so we review the book with an AI illustrated review and summary here that I think you'll enjoy.
It's about seven minutes, and then we'll be back on the other side with our main interview today with Andy Sheckman.
Enjoy.
Kenny Ausubel's 2000 book, When Healing Becomes a Crime.
The amazing story of the Hoxie Cancer Clinics and the return of alternative therapies.
takes us on a journey through one of the most controversial and captivating tales in the history of medicine.
It tells the story of the Hoxie Cancer Clinics and the man who dared to defy the medical establishment, Harry Hoxie.
Picture this.
It's 1840 and we're in the heartland of Illinois.
A horse farmer named John Hoxie is tending to his prized stallion when he notices a malignant tumor on the animal's leg.
As a Quaker, he's unwilling to euthanize the horse, so he lets it roam freely in the pasture.
Weeks later, he observes something astonishing.
The tumor has stabilized, and the horse is grazing on plants that aren't part of its usual diet.
Within three months, the tumor has dried up and separated from the healthy tissue.
This chance observation sets John Hoxie on a path of experimentation.
He begins concocting herbal formulas based on what he believes the horse has self-prescribed.
These formulas, passed down through generations, eventually land in the hands of his grandson, Harry Hoxie.
Harry, with his father's guidance, starts treating animals and, later, people, claiming remarkable results.
But here's where the story takes a dramatic turn.
By the 1920s, Harry Hoxie is operating clinics across the United States, and his treatments are gaining popularity.
However, the medical establishment, led by the American Medical Association, AMA, and its formidable spokesman, Dr. Morris Fishbein, brands Hoxie as the worst cancer quack of the century.
He's arrested more times than any other person in medical history, yet his clinics continue to thrive.
Why such hostility?
Well, Hoxie's methods were unorthodox to say the least.
His treatment consisted of an internal tonic and external pastes, all derived from herbs.
But it wasn't just the treatment that riled the medical establishment.
Hoxie was a master of publicity, using radio broadcasts and public demonstrations to spread his message.
He even challenged the AMA to test his remedies.
A challenge that fell on deaf ears.
Fast forward to the 1950s and Hoxie's Dallas Clinic has become the world's largest privately owned cancer center with branches in 17 states.
Patients flock to the clinic, many of them terminal cases who have been given up on by conventional medicine.
Among them is Mrs. Margaret Griffin, a woman diagnosed with lymphosarcoma.
After being told she had only a year to live, she turns to Hoxie and claims to have been cured.
Griffin noticed an improvement in her health after taking the tonic, with everything turning around by the tenth month.
X-rays of her chest showed no tumors, allowing her to return to work and continue for many years.
Stories like Griffin's are not uncommon.
Patients report miraculous recoveries.
And the clinic becomes a beacon of hope for those desperate for an alternative.
But the medical establishment remains unconvinced, dismissing these accounts as anecdotal evidence and accusing Hoxie of exploiting vulnerable patients.
The battle reaches a climax in 1949 when Hoxie sues the Hearst newspaper chain and Fishbane for libel and slander.
The trial is a spectacle.
With Hoxie's patients testifying to their recoveries and Fishbean defending his stance against what he considers quackery.
In a surprising twist, the court rules in Hoxie's favor, awarding him a nominal sum and vindicating his claims.
But the victory is bittersweet.
The AMA doubles down on its efforts to discredit Hoxie, and the Food and Drug Administration joins the fray, raiding clinics and seizing medicines.
Despite these setbacks, Hoxie continues to treat patients, even as the political pressure mounts.
Enter Mildred Nelson, Hoxie's chief nurse and later the torchbearer of his legacy.
Mildred is initially skeptical but becomes a believer after witnessing the treatment's effects on her own mother.
She takes over the clinic in Tijuana after Hoxie's death, keeping the treatment alive despite ongoing legal challenges.
Mildred's dedication is unwavering.
She treats thousands of patients, often for free, and maintains the clinic's commitment to helping those in need.
Her story is one of resilience and compassion, a testament to the power of belief and the enduring fight for medical freedom.
But the question remains, does the Hoxie treatment work?
The answer is complex.
While the external pastes have been acknowledged by the medical community for their effectiveness, the internal tonic remains unproven by conventional standards.
Yet, the stories of patients who claim to have been cured cannot be ignored.
Judge William Atwell, who presided over the 1949 trial, noted that the Hoxie treatment was not injurious and that some patients were cured.
He even went so far as to say that Hoxie healed his patients like Jesus Christ.
Today, the debate rages on.
The Hoxie treatment is still available in Tijuana, but the future is uncertain.
The medical civil war continues, with patients caught in the crossfire, fighting for the right to choose treatments that they believe can save their lives.
As we reflect on this extraordinary story, we're reminded of the importance of open-mindedness and the need for rigorous, unbiased scientific investigation.
The Hoxie saga is a powerful reminder that the quest for healing is as much about the journey as it is about the destination.
This has been a Bright Learn video from brightlearn.ai on the book When Healing Becomes a Crime.
The Amazing Story of the Hoxie Cancer Clinics and the Return of Alternative Therapies by Kenny Osubo.
Visit brightlearn.ai for more fascinating videos like this one.
And visit naturalnews.com for full editorial coverage and breaking news on critical stories that keep you informed and aware of what's really going on.
Alright, welcome back.
We're about to jump into the interview with Andy Sheckman.
We're talking about international trade, geopolitics, gold and silver, China, the U.S., so much more.
Always have a great time talking with Andy, and he's the guy that first started talking about the BRICS settlement currencies, and he was absolutely right about that.
Before we jump into the interview, let me give credit to today's sponsors.
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Now, speaking of gold and silver, Andy Schechtman here, he talks about a lot of issues related to gold and silver, but also international trade and tariffs and the dollar and so much more.
And he's a brilliant guy.
He's always ahead of the curve.
He does a tremendous amount of research every day.
I think he spends hours going through the financial news every day.
That's why he's always at the top of his game.
So enjoy this interview with Andy Schechtman, and then I'll be back with you tomorrow.
Here we go.
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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.
I'm Mike Adams, and welcome.
Thanks for joining us all today.
And 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, you name it.
Is that also the way you see this, or is it something different the way you see it?
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...
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.
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 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.
You know, 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, you know, the UK capitulating in psych.
I think it was Dave Kramsler who said it's like too drunk.
You know, 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.
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, 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 bricks.
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, like...
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.
You know, 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, you know, 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 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.
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 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.
And, you know, 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, you know, 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 and be complimentary rather than to continue this course of bullying that we have done.
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 hear, 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 Besant 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, 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.
And 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 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.
You know, and now China is building deepwater 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 in respect with the cartel, and they've expressed interest in bricks.
You 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 big disadvantage and losing ground from a standpoint of negotiating with these countries, but they're doing it very quietly behind the scenes.
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, banked 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.
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.
And 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 and please say so, info at MylesFranklin.com.
I appreciate that.
Yeah, lots of crazy things happening with gold right now.
Things, Mike, that I've never, ever, ever, ever Oh, yeah.
$100 moves per day.
Yeah.
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.
And 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.
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.
There are very few things that you can physically possess that have intrinsic value, and at the same time, sentimental value when you pass it on to your family.
True.
But intrinsic value that is 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 away.
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.
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!
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...
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.
So, and then he's saying we're going to tax the rich, which I'm starting to feel like there's a George Bush read my lips moment coming.
You know what I mean?
Yeah.
It's like so 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 year.
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 or using our currency for settlement.
That's what all these new systems are built around.
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 or nearly vanish.
So that's not going to be there in June or May and June, July, etc.
So it's like...
You know, rearranging deck chairs on the Titanic, seriously.
Well, at the same time, you have Japan's finance minister hinting that the country's one 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, ever work out of.
That's Triffin's dilemma.
So I don't know.
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 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 close
Yeah, it's very interesting.
You and I are both seeing that it's all window dressing right now, and there are not substantive infrastructure improvements to the dilemmas that the US economy faces.
Like, 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 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.
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.
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 BRICS anymore.
It's kind of been forgotten.
Yet I believe where they are right now and opening up their payment system to the non-BRICS nations.
It's 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 than 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.
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 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 all of the...
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, Both the Bricks Grain Exchange and the Bricks Metals Exchange.
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.
And the highest reward profile I've ever seen of any asset.
And, you know, price is a tool of misdirection by the big money.
They understand that.
But, you know, 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 are, you're talking the highest level of sophistication financially, understand this.
And, you know, 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 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.
And 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, even like...
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.
And 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.
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.
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.
So 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, you know, the 6 o 'clock evening news like we used to listen to when, you know, 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.
It 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 listened 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 have gold in your possession...
In 1971, when Nixon closed the gold window, gold was $35 an ounce.
So either gold has gone up, you know, 1,000%, or the dollar has 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 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.
So 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 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.
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 know, you offer your...
You know, your pricing to our audience.
So go ahead with that.
No, I mean, 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's, you know, 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 know, you saying that.
It means a lot to me knowing that at least I'm 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.
We have, you know, a lot of brokers.
They're all qualified.
Some are more qualified for some questions than others.
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, and it's an ongoing issue altogether.
So if anyone has...
Feels that they have not been treated fairly with buying precious metals IRAs.
Typically, the model 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 Myles Franklin.
We will help you.
The amount of response I've got by talking about this on a few shows is mind-blowing, and 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.
Let me be clear what you're saying.
If you don't mind me just clarifying that.
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 medals for them?
Or what exactly are you offering?
Tell them 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, $8.75.
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, I'm not...
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, and the stuff I have seen is right out of, I mean, it's worse than, 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...
Into the guy's living room, set up computers, and started this new company.
And the amount of damage that they have created is unlike anything I've ever seen, ever, in finance.
So 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.
It's kind of become a...
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.
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.
1000% true.
And, you know, 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 your biggest...
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.