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Oct. 7, 2023 - Stew Peters Show
40:34
Scriptures And Wallstreet: The Triple Threat to Our Economy
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Thank you.
Just to remind you, everything on this podcast today is educational purposes only.
I am a licensed financial advisor and this is not investment advice.
If you would like investment advice, give us a call 813-448-3446 or book an appointment with us at CortezWM.com and we can get really vulnerable and really talk about how your retirement is affected in this situation.
Crazy crisis we're living in right now.
Speaking of crisis, I'm calling this podcast a triple threat to our economy because there's so much stuff going on.
And it really is a quadruple threat because of the financial crisis.
Or I'm sorry, because of the bond yields, the oil, the dollar.
And more importantly, as you guys are seeing it, Day in, day out.
It's tougher to get mortgages.
It's tougher to get lines of credit.
It's tougher to even swipe your American Express.
Because the banks are tightening right now.
Because business owners are feeling the crunch.
So, wanted just to clear the air a little bit and not be all rattled by fear.
Yes, we all got the emergency broadcast signal on Wednesday on the 4th.
And no, no one that I know of got a heart attack that were jabbed.
And the 5G didn't hurt anybody.
I immediately called my dad.
Unfortunately, he's jabbed.
But everything is fine.
Everything is fine, guys.
We don't need to fear.
And that's what this podcast is always going to have that aim of we aren't going to fear.
We are in this world.
Yes, we know the NSA. We know the three-letter government acronyms are typically corrupted and Luciferian-based.
We get that.
We understand that.
But our God is a stronger God than all of this junk that's happening.
So, bond yields.
Actually, a very interesting fact is that since 1947, there hasn't been a weaker consumer, other than two times since 1947, the consumer's weak guys, since the financial crisis and the plandemic, or COVID-19.
We are seeing that now.
The weak consumer.
Spending is way down.
Spending is way down and it's actually abysmal.
It's going to affect businesses in the next three to six months.
You're going to see some crazy atrocities happen to businesses.
We're starting to see it now as credit card companies are not lending as much.
Credit is getting tight.
The businesses are shutting down.
Foreclosures are starting to ramp up.
Mortgages are starting to go down.
I've talked to many mortgage independent mortgage consultants, and they literally are scraping for business to even get clients.
So the triple threat.
So there's a bond yield, right?
And we call this the inverted yield curve.
So when we have an inverted yield curve, typically people invest long-term America and they buy a 20 or 30-year governmental bond.
And what that basically means is they have full confidence in our U.S. government, in our U.S. economy, where they're okay buying a 20 or 30-year bond.
And in return, those bonds are going to pay a higher coupon rate.
But what happens is when credit tightens and the consumer confidence goes at a halting stop and screeching down on top of oil increasing in value, now we have a dollar that's skyrocketing.
This is why your precious metals are taking a bath right now because the dollar is skyrocketing.
The reason why the dollar is skyrocketing Not only is it manipulated, but we have foreign investors.
We have foreign investors and domestic investors that want treasuries.
The market is not safe right now.
There's too much volatility.
The volatility index is skyrocketing as well.
It's creeping up to 18.
When I started doing this, it was at 13 just a few months ago when I was bringing up the volatility index.
And I said, look at the VIX. Look at the VIX. As it increases, we are going to see more drama in the markets.
We're going to see more turbulence.
And the political garbage will be exposed.
And what do we have right now?
We have Sleepy Joe's friend, Mitch McConnell.
Look what he has to say.
Providing assistance for the Ukrainians to defeat the Russians.
That's the number one priority for the United States right now, according to most Republicans.
Like who cares about funding Ukraine?
That is not our priority.
Our priority is not funding Ukraine.
Our priority is taking care of veterans, taking care of the single moms, taking care of our children, taking care of our veterans that are getting kicked out Of their homes to make room for illegal immigrants.
Because illegal immigration is so bad right now that even New York is having a hard time accepting all these open-bordered illegal immigrants coming from God knows where.
And they're not just coming from Mexico.
They're coming from all over from the southern border, as you guys know.
But I say all this because a few podcasts ago, maybe a month ago, I would say, if I had to point it, All this junk has been happening since day one they cut the fossil fuels.
You cut fossil fuels, you cut the lifeline of America.
The truckers can't go to work.
We don't have truckers, man.
We don't have economy.
They are the backbone.
They are the offensive and defensive line of our team.
They are the foundation of this economy.
And when you mess around with diesel fuel, fossil fuels, our gas, you stop America.
You stop the world.
You stop America, you stop the world.
So, we have added inflation.
We have supply demand issues.
We have supply chain issues.
We have an inverted yield curve because the remnants of all this is showing up.
The government keep on printing, printing money like it's a...
An automatic ATM machine.
To them it is.
And it's supposed to devalue the dollar, but what actually is happening is the dollar is pumping because people are afraid of the stock market.
They're putting all the money into treasuries.
And the demand for treasuries is so high.
Our money managers are in treasuries.
We've been in treasuries off and on since earlier this year because we knew this year was going to be a very awkward year.
No one could tell you if it's going to be up, if it's going to be down.
I know our feelings in our head it's going to go down.
We know the dollar is going to crash.
We know the digital reset is going to happen.
We know that there's going to be more jabs.
We know this stuff and we feel it.
But when we look at the map, when we look at the charts, it says a different story of manipulation.
So I want to just kind of clear the air.
I want to show you some facts.
Also, I want to give you a solution.
You know I don't do a podcast without a solution.
One of our solutions is giving us a call, and we can have an intimate conversation.
We can have a vulnerable conversation on how all this relates to you and your retirement.
You should not be exposed right now in this situation.
In this unknown, uncharted waters that we're in.
So give us a call.
Book an appointment at CortezWM.com.
You can simply just scroll down on the list, on the links, on the description, and just book an appointment on your phone, on your computer, and fill out a few questionnaires.
That way I'm prepared to speak to you, myself or the consultants.
And just take the fear out of the unknown.
That's the least we could do.
So Treasuries...
are up dramatically like the demand for them it's like bonds, municipal bonds just three years ago you couldn't get a hold of them treasuries are becoming that where everybody wants a piece of the pie because they're paying anywhere from four to six percent and you don't really have to worry about the stock market collapsing as is a totally different market and it's liquid it's very attractive right now so treasuries isn't a bad thing but the supply and demand for them It's
skyrocketing.
The effect of the dollar.
I mean, look at the dollar index right now.
It's at 106.
It's creeping up to 107.
Since June of this year, it's skyrocketed.
It skyrocketed over 30%.
And guess what?
Your gold and your precious metals that were there to protect, you're getting sent to the cleaners on it.
So, this is why I'm saying do not buy stuff, do not buy investments based on fear, guys.
We want to look at What is right for you?
We want to look at the analysis fundamentally and technically.
And here, I'm going to show you this chart here.
You see this channel?
This is the S&P 500.
It's this channel of this technical analysis that since this year, We are at this new support level.
It's this bottom of this channel.
It's typically going to bounce back up or it's going to go to hell in a handbasket and really the floor is going to drop on this sucker.
This is a private graphic from one of my private mastermind trading groups that I'm in.
And we were just discussing that most of us, most of us traders, we feel the market is going to go down like a very, very bad, bad situation if you're on the bad end.
So most people, most retail investors, they only make money one way.
They only make money when the market goes up.
So if we're at a blackjack table, if we're at a gambling table, And I told you, hey, the money that you are made only comes 33% of the time.
Only when you win.
Would you still gamble?
Would you still invest your money?
That's how the stock market is.
There's only three ways it goes.
Up, down, or sideways.
That's 33% of the time.
So when you're in the market, you only make 33% of the time.
When you're in precious metals or any type of red money, you only make money 33% of the time.
What we have to do is either protect your principal or make money 66% of the time.
Let's increase that ratio.
What does that look like?
Well, you need to have our covenant process.
You need to have a process that is built for these type of turbulent times.
And we have that.
It's been great.
Our clients are succeeding.
They're protecting their principal.
Yes, they may have not made anything in their safe money bucket, but they didn't lose anything.
How many of you can say that?
So we want to make sure that our strategies are effectively helping you during these Luciferian times.
Give us a call at 813-448-3446.
We want to make sure that the strategy, the covenant process, our ABC process, the color of money, never tax retirement strategy is working in your favor.
So yeah, I just wanted to really just mention that the dollar is skyrocketing, guys.
And that's because...
The treasuries are in such high demand that it has an impact on the dollar.
So be very careful because I feel that the dollar will be pumped up and then boom, the rug pull will happen.
So if they pump up the stock market, you want to see the VIX go up.
You will see potentially the dollar going down because people want to get out of the dollar and back into the market.
There's a lot of weird things that can happen.
But what I want you to just really focus on is that volatility index and that inverted yield curve.
That inverted yield curve, when that happens, it used to be over 90%.
I think it's...
Around the same.
Over 90% of the time, there is an economical collapse in our economy.
Now, Jerome Powell said that we are having a soft landing.
It doesn't feel that way.
Especially with the commercial real estate crisis we are fixing to face by the end of this year.
There's over $400 billion that need to be refinanced.
Who's going to refinance at 8% interest rates?
Not me.
Hex, nah, dog.
I'm not refinancing.
So we have inverted yield curve.
It's...
It's just...
You gotta be careful.
You gotta have that safe money bucket.
And so when we have that safe money bucket, a bucket of assets...
Earmarked for safety, for growth, that can compound over time while your liquid rainy day fund portfolio, we're using that to pay your expenses.
But the problem is that everybody has it backwards.
They're using their liquid funds in the market as their retirement.
And that is such a jacked up, messed up thing to do.
Because when you have your retirement retirement, In the market, how are you supposed to plan for your retirement when you don't even have a backup, a safety net?
Don't invest without a safety net.
Not with these troubled times that we're in.
We have the pandemic issues still popping up, resurfacing.
We had a financial crisis that we are afraid of happening from 08 to now being 2023 with banks being debanking.
Obviously, banks have been debanking people this past year.
Not only that, but I'm telling you, get a credit union because they have behavioral clauses.
Like when you open up a checking account, they don't like you.
They could shut you down, dude.
They literally have that in writing.
If you look at the privacy statements, you don't own your money.
Just like you don't own your 401k.
You are a participant.
You're participating in a government-written contract.
And that's why we established 401khelpusa.com.
If you have a 401k...
And you are so scared about what to do with it, and you're close to retirement, or even if you're younger, for a nominal fee, an average fee, that's what we charge.
We're not a not-for-profit.
We are a for-profit business.
You can hire us as your advisor.
We're going to give you the advice you need on your 401k.
You don't have to leave your job.
You don't have to do anything.
Just give us a call and we will do quarterly updates with you.
We'll scan all your funds inside of 401k.
And that's the other thing.
You're very limited.
So you need a professional to help you pick these funds because we don't want you losing your you-know-whats on this financial crisis.
It's going to happen, guys.
In trading, there's something called a bias.
Like how do we get our bias?
Well, we get our bias based on evidence.
So what is the evidence for the bias?
So we have the triple threat, the bond yields, rising oil costs, rising food costs, rising consumer price index.
We have a rising dollar.
We have inverted yield curves.
We have consumer spending going down.
We have consumer debt that is crippling.
All-time high has never been this high in the history of the United States.
That is evidence that eventually the market is going to go down.
Whether it's going to be next month or five months from now, I can't tell you.
Then we have $400 billion in commercial real estate that's going to affect the real estate crisis.
That's going to affect anything associated with real estate from deliveries to consumer buying.
I mean, it has a ripple effect.
Why wouldn't the market go down?
That's common sense.
I don't know if your advisor is talking to you like this.
If you have one, you need to be having these conversations with your advisor.
Maybe he or she is probably so woke because they're listening to their corporate economists that are hired by a woke company To say a certain thing, a lot of the advisors that are in big box firms, they're not allowed to even have their own opinion without the approval of a compliance corporate officer.
You don't want to be in that situation because I was in that situation and I hated it.
So, I'm just really concerned about our economy and this soft landing.
When I don't think it's going to be a soft landing.
They say it's a soft landing.
Look what happened to the banks.
Oh yeah, the financial system's solid.
And then boom, you see the chart, right?
You see the chart of the bank deposits are at an all-time low.
Like, it is melting.
And Yellen's saying a few months back ago that the financial system's strong.
It's hogwash, dog.
Complete hogwash.
So we have to understand the media is there.
And most of you who listen to this don't watch Fox Business or Bloomberg.
I watch it because I want to know what is going on.
I want to have an opinion and I want to break it down, unpack it, and see how it relates to us and what the Word of God says.
I'm sorry, that's my platform.
That's what I do.
And you don't have to agree with me.
You can call me tinfoil hat.
But I'm not here to cater to your feelings, as I said last podcast.
You guys yelled at me when I told you that the bricks are failing.
Holy cow!
Goodness gracious!
Russia has a terrible economy right now.
China is in the dumps.
India wants to have their allegiance to us.
Brazil wants to have their allegiance to us, not Russia or China.
And so, there's the Quad, right?
I talked about the Quad.
The Quad is a new forum that establishes the Japanese, Australian, American, and Indian government, those four countries, to keep China from trying to be a bully and trying to manipulate the whole hemisphere.
So, I understand that what I say may not fit your logic, and that's okay.
That's okay, but I promise to deliver the truth and to give you my opinion.
And that's what this is about.
But having the volatility index, guys, at over $18...
Get ready, dawg.
Get ready, homie.
It is going to get bad.
It is going to get bad.
You need to protect your principal.
We have the tools and it's not buying precious metals because precious metals can go down when the market goes down.
It is not a guarantee.
You need a guarantee on your safe money retirement.
You need to insure it.
You need to have a private insured account.
That will give you the ability to withstand the market falls.
That protects it and vaults it from legal issues, from creditor issues, from market issues.
That gives you written, set in stone principle of protection.
That's what we can do with our covenant process.
We need safe money.
We need money allocated to safe money.
We need money allocated to a liquid fund that you have access to.
It can be a rainy day fund.
It can be a growth fund that you can make sure that you have the ability to grow those assets.
Recently, we had a client call with a client.
He was getting a pension.
He had the option to...
To take the lump sum.
And so I always said do the lump sum and we can privately shop for the best rates.
And we looked at some high income driven annuities that when you take this income it's set for life and your money doesn't grow.
Your money doesn't grow.
It's an income annuity.
It is an insurance contract.
Your money is not going to grow inside this income annuity.
However, the other option was the pension where he never had access to it and they were going to pay him a really high rate for the rest of his life.
Well, he ended up going with his company's pension which was a little bit higher than what the street was offering.
And that's okay.
That is absolutely okay.
Because to him, he's like, as long as I have my income set for the rest of my life, I can play with other things.
And sometimes, just sometimes, the income annuities that are out right now, they're really bad for growth.
For instance, if you have a contract, or if you have an income product, and you put $100,000 in, And you waited two or three years.
Let's just say you waited three years and I was paying you $10,000 for forever.
You would have to live at least 10, 11 years for it to break even.
And so that way, 10 years from now, you are in the green on what that is.
Problem is we don't know how long we're going to live.
And the second thing is you still have access to those funds when you do a pension.
They're doing the same thing.
However, you forfeit your money when you elect for a 20-year certain or 30-year certain or joint payout.
You no longer have access to those funds.
And so this is what we call a single premium immediate annuity is what the pension company does.
It shops it out.
Who knows who's getting the kickbacks?
But you are guaranteed for life.
In exchange, you have no access to this pension fund.
Well, in this particular client, he went with the pension payout route.
He elected a monthly payment and he was okay.
His wife not getting paid.
He was okay not having access to this money.
Because he has earmarked his money set aside for growth.
And he earmarked this money for income.
And when you have those set processes, you don't have to worry about all the notes I'm talking about, about the bond yields inverting and 90% of the time it's accurate and the oil rising and the dollar skyrocketing when you're sitting on 100 grand worth of precious metals and you're losing that hand over fist.
When you have your money allocated and the things that you need to allocate and you've done your research, you've done your homework, and you've got all the big conglomerate LGBT funding, Wall Street-based firms and funds, and you can just focus on you, God, country, and your family, and what is really important to you, you will have success.
Not only that, I think it goes beyond success, financial success.
I think it goes beyond In your marriage, I think it goes in your health.
And more importantly, when you have a relationship with Christ, He just gives you wisdom.
He gives you health.
He actually gives you wealth.
God gives you the ability to generate wealth.
The knowledge, that is a biblical concept.
Outside of Malachi 3, He gives us the ability to generate wealth.
But yet we seem to forget that as practicing weak Christians.
There's a lot of Christians that practice atheism.
They don't believe that God can handle the IRS situation, that God can handle the drug addiction, that God can handle the stalker exploitation problem, that God can't fix your marriage, that God can't help your son's salvation or your daughter's salvation.
That God can't provide at the end of the month when the rent is due, when the mortgage is due.
We serve a God that is omnipresent.
Quit acting like an atheist because he can handle all the headlines.
He knows what's going on.
And we are his children.
I think we forget those simple basic terms is that we know that we're his children and we forget that he says in Isaiah that he'll never leave us, he'll never forsake us.
So, I have a cool video I want to show you real quick.
But before I do, I'm actually kind of happy.
Because, you know how, man, dude, I'm human, man.
I'm human.
And I really shouldn't be saying this, but I'm raw.
I got happy when I found out that China was going through a recession.
Yeah.
I'm like, that's what you get, mofo.
That's what you get.
But yeah, they're going through the crapper right now.
And you know what I'm really, really grateful for?
Is that ESG... And Connor, if you can show the article, because I don't want to get steamrolled like I did the other podcasts when I said bricks were failing.
Holy cow, you guys were like, what sources do you want?
And blah, blah, blah.
You need to do your research and this and that and blah, blah, blah.
It didn't fit your agenda.
It hurt your feelings.
What did I say about that?
I'm not here to cater your feelings.
But one thing I am excited about is that there is a massive ESG backlash.
Like, it's blowing up in their face.
Kind of like the Target and the Bud Lights and what Ford, you know how they all kind of went woke and it blew up in their face and they lost business?
Well, ESG is losing their you-know-whats.
There's lobbyists for ESG that now are saying they no longer want anything to do with it.
And Vanguard, BlackRock, it's pretty much the worst asset class.
Now it's an asset class.
That they regret to have it on their platform.
If there's any good, that is great.
Because we don't want to fund LGBT. We don't want to fund the promotion of it.
We don't want to fund all this garbage that goes against our morals.
So, one question I have for all you guys, if you listen to this this long.
Call your advisor.
Call your plan administrator.
Ask them, am I funding LGBT? Am I funding abortion?
Just ask them.
And let me know.
Let me know what they say.
Just email me at info at CortezWM.com.
They may not know.
They may stutter.
I'm telling you if you own Amazon, you're funding pornography, you're funding abortion, incest, you're funding all the woke stuff.
And even if you shop there, you're funding that.
Even if you just bought a growth fund of America with American funds, and they have Amazon, you're funding it.
It's time to get real, y'all, on what you're owning.
God will never question how much money you've made.
He'll only question the character it took to make that money.
So, we are big advocates of biblical responsible investing.
We're bringing on a new money manager.
Call our office.
I'll tell you all about it.
One of our consultants will, myself, or one of our consultants will tell you all about it.
We're excited about it.
We feel that God will bless you and your retirement when you honor him, keep him first.
It's biblical.
And not only that, financial success, but just protection, that Malachi 3 protection.
So check this out.
I'm at one of my favorite places, which is my doctor.
And if you need a good doctor, go ahead and visit Premier Clinics.
I'll post his link below.
And also, you can call him 813-257-9372.
He does virtual appointments.
Crazy story is that he actually, God used him to save me from Resdemivir and my hospital stay.
You guys remember two years ago I got locked up in a hospital and nearly almost died.
And I was talking with Stu and Stu had all you guys praying for me and I really really felt it.
So, Dr.
Demasi, 813-257-9372.
He's not going to force a jab.
He doesn't really agree with the jab.
He has a very intimate story about what happened to him and the jab.
But you need a pro-life...
Doctor that loves taking care of people like his heart is literally to do the better good For your health and I I just I applaud him for just standing in the gap and being a patriot and it's a it's awesome to have a doctor that you can call upon and just Be yourself.
Be yourself.
So when you align yourself spiritually, financially, economically, and you keep God first and you keep Him in your habitual habits in the morning.
So part of my story is I was so focused on the business, on being a stockbroker, on building my practice, I neglected family.
I neglected my fitness.
I neglected relationships.
I neglected my faith.
I neglected myself.
I developed type 2 diabetes.
Pretty much my wife and I were in a brink of divorce because of my actions.
I was broke financially.
And I applied for life insurance.
They said my blood was high risk.
I could have a heart attack at a very young age because of the stress.
And to get that report on my blood that I'm completely healthy and pretty much reverse diabetes, it was...
It is a testimony that we serve a God that still makes miracles happen.
And this is not a lie.
Guys, I got res demivir.
I had long COVID. I had the Delta variant.
They tried to force jab me.
My blood Clean bill of health, man.
I give all the honor and glory to God.
Not me.
Not me.
I'm definitely second.
Maybe even below, below, below, below than that.
But I give it all to God.
Give this platinum form to God.
I hope this inspired somebody so that you can accept Jesus in your heart.
Maybe you're like me.
You're broke financially and medically and spiritually.
God can change your life around, man.
You just gotta spend that time with Him in the morning.
Seek His face, and all these things will be added upon you.
So my verse today, guys, is...
So, my verse today is Proverbs 1.7.
The fear of the Lord is the beginning of knowledge, but fools despise wisdom and discipline.
I'll read again.
The fear of the Lord is the beginning of knowledge, but fools despise wisdom and discipline.
Proverbs 1.7.
That hits home.
Like when we fear God, our lives change.
It's really that simple.
He just wants us to fear Him, to have a relationship, to know that He can have a heart.
But people that don't have discipline, that are lazy spiritually...
They will never have a relationship with God because they're getting out of their comfort zone and God is calling you a straight-up dummy.
He said, you are silly.
You're a fool.
And you don't want any wisdom.
Everybody wants a wedding, but they don't want the marriage.
Don't be the fool.
We need to start fearing God.
And not fearing what this podcaster says or the latest report from Even Stew or X22 or Bongino or Steve Bannon or whoever podcaster you listen to.
We need to start fearing God.
And that all these things will be added onto you.
Finances, your wealth, your health, your family, your marriage.
The most successful people are the ones that have the most successful marriages.
Anyways, I hope this administers you.
Don't forget our sponsors.
A, CortezWM.com, obviously.
If you need some great retirement advice and you want to protect your principal, go to CortezWM.com or click the link below.
And if you want precious metals and do not want to pay a lot or boatload over 20% in commissions, Call Cornerstone, 888-747-3309.
They're a great group.
You can also even add Bible scriptures to your silver coins if you want silver.
But also, you want a precious metals dealer, not a gold dealer.
You want a precious metals dealer, one that specializes in different types of metals.
Palladium, copper, gold, silver, gold.
Because there is value in diversification in precious metals.
But Cornerstone will educate you on that.
888-747-3309.
Let them know that I sent you.
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And with that being said, God bless you guys.
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