Man in America Podcast

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STARTS AT 9PM ET: Join me for an important discussion with Dr. Kirk Elliott.
To learn more about investing in gold visit - http://goldwithseth.com, or call 720-605-3900

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What is Man in America Podcast?

Seth Holehouse is a TV personality, YouTuber, podcaster, and patriot who became a household name in 2020 after his video exposing election fraud was tweeted, shared, uploaded, and pinned by President Donald Trump — reaching hundreds of millions worldwide.

Titled The Plot to Steal America, the video was created with a mission to warn Americans about the communist threat to our nation—a mission that’s been at the forefront of Seth’s life for nearly two decades.

After 10 years behind the scenes at The Epoch Times, launching his own show was the logical next step. Since its debut, Seth’s show “Man in America” has garnered 1M+ viewers on a monthly basis as his commitment to bring hope to patriots and to fight communism and socialism grows daily. His guests have included Peter Navarro, Kash Patel, Senator Wendy Rogers, General Michael Flynn, and General Robert Spalding.

He is also a regular speaker at the “ReAwaken America Tour” alongside Eric Trump, Mike Lindell, Gen. Flynn.

Seth Holehouse:

Ladies and gentlemen, welcome to Man in America. I'm your host, Seth Hullhouse. War, obviously, is escalating, and as we're now beyond just the Ukraine war, which had drug out for some time with what's happening in Israel with the Hamas and Palestine is significant, and it's a very different kind of war than what we saw in Ukraine, and it's a much more global war, and and you could say in many ways. And so there's a lot of questions I have, and I'll be doing a lot of coverage around this in the next this coming this week and the following time periods because it's important to understand what's really going on. And if you remember back when the Ukraine war first happened, I was covering it quite a bit and under understanding, okay, what's happening with the bio labs?

Seth Holehouse:

What's happening with this? You know, are there Nazis there? I mean, just asking a lot of these important questions. And one of the important questions we have to ask as it relates to especially what's happening in The Middle East is what's gonna happen globally financially? What happens to the price of oil?

Seth Holehouse:

What happens to the price of commodities? What happens to the stock market? Is the war that we're seeing is it just some sort of cover up for a banking crisis? I think it's it's important to look at all war, not as wars, but events around the world through the lens of the global banking cabal and see, okay, how does this war fit into their objectives? And so joining us to take a look at this and help us understand what is really going on, especially from the financial perspective, is my good friend, Doctor.

Seth Holehouse:

Kirk Elliott. So folks enjoy this interview with Doctor. Kirk Elliott. Kirk, it's good to see you man. How are you doing?

Speaker 2:

I am doing so well, really good. As you can tell, I'm not in my normal studio today traveling. I wish I could show everybody, well, maybe I can. You can see Pebble, well, it's Spanish Bay, so we're at Pebble Beach area. For an amazing gala for one of the nonprofits that we support as a company and as a family, Project Rescue, and they rescue women and children from sex trafficking all over the world.

Speaker 2:

And so a lot of times people say, Well, Kirk, money You talk about money every day. It's like, You know what? Money is not bad. The love of money is bad, right? Because what we do with what God has entrusted us with is it's helping people, it's rescuing people.

Speaker 2:

We want to be known as givers, and not just givers, but extravagant givers who really want to take care of those whose lives are in the balance. I mean, you imagine being a sex slave? I mean, all dignity, gone. You have no choice on one of the most sacred things in a person's life. You don't have choice, right?

Speaker 2:

So it strips away your economic freedom, your personal freedom, your religious freedom, your choice. I mean, all of it, right? And so to me, it's like one of the biggest black eyes on humanity. I can imagine if there's something that God hates, that would be it, right? It's just bad.

Speaker 2:

So yeah, we love to support this nonprofit ministry. It's amazing. They do amazing work. That's so Anyways, long story, I answered your short little question. It's like, I'm doing great, but it's not why I'm in a normal studio today.

Seth Holehouse:

Makes sense. Well, thank you for sharing that with us. So there's obviously lots unfolded over the weekend, especially with Israel and Palestine and Hamas attack and everything. And without getting into the specifics of what's going on over there and looking at just the the bigger picture is this is a very central region, and The Middle East is central for a lot of reasons. But looking at this through the kind of global geopolitical economic lens, how do you, like I guess, how do you see this rippling?

Seth Holehouse:

Because from a lot of the information I'm seeing, this isn't some short instance. I mean, this is what looks like the beginning of a very significant conflict that will unfold. How will that ripple across the world economically?

Speaker 2:

Well, war is never good for the economy. It's always misspent, misallocated dollars or currency. Right? It's because you're buying bullets, you're buying tanks, things that go away. Right?

Speaker 2:

There's loss of lives. There's loss of a lot. And and, you know, I I heard Janet Yellen say a few weeks ago that the war in Ukraine is gonna be the best thing for the global economy ever. Saying what? No.

Speaker 2:

It's not. That's a stupid thing to say. Right? Because now short term, you can say that war actually impacts the economy in a positive way because you're hiring people to build tanks. You're hiring people to do this and to do that.

Speaker 2:

Right? But but it's all with borrowed money. It's all with money that they usually have to, you know, pass an appropriations bill that they print money out of thin air, and that causes inflation, and it loses lives. And then there's fewer people building into the economy. It's truly a huge waste of of resources, human capital, money that could be used elsewhere for more productive things.

Speaker 2:

Right? So So long term, war is very devastating on the economy, right? Short term, yeah, maybe it hires a few more people, and maybe that's how Janet Yellen can say, Oh, that's what I meant, right? But who knows? But what we're seeing here from everything I've read over the weekend and people that I know in Israel is this wasn't a surprise.

Speaker 2:

Right? It's the fifty year anniversary of the Yom Kippur war. They were expecting something, probably not to the magnitude of what they got because it was big. And then the retaliation after missiles flying over the entire country, right, from from Hamas was Netanyahu saying this just changed the world forever comment. It's like, what does that mean?

Speaker 2:

Right? So they retaliate back in Gaza Strip, 1 of the most densely populated places on earth with a couple million Palestinians living in that small consolidated area, now withholding food and water and necessities of life. Right? So political ramifications hurt people to war. Don't ever tell me that war is a good thing for anything.

Speaker 2:

But now you've got the geopolitical ramifications of this, are Zelenskyy in Ukraine basically calling this an act of terrorism, what Israel did to Palestine, not the first missiles being shot across. And so you've got people now picking sides. You've got other countries that are picking sides, and this is where this just escalated really quickly from a small regional conflict into something much, much bigger. Right? And it's going to be, I think, a more long drawn out thing, which is not gonna be good for the economy in a world where banks are already strapped for capital.

Speaker 2:

Now they've gotta use capital that's scarce to fund the war machine. Right? And you have to look. It's like, what is produced in that part of the world? Oil.

Speaker 2:

So some research I was reading even this morning expects the price of oil to hit $150 a barrel because of this war with Palestine Palestinian Authority and Israel. Right? It's like hundred and 50. It's like 90 something right now. So that's an increase of over 50%.

Speaker 2:

Here in California where I am today, you know, stopped at the gas station, dollars 6.91 a gallon for gas. Right? 6.91. So imagine it going up 50% of the price of oil goes from 90 something to 150 and it goes up 50%. We're talking literally $9.50, $10 a gallon gas.

Speaker 2:

If oil gets that high, it's like, oh my word, Americans are strapped. Right. They're already strapped with the inflationary pressures, with the rising borrowing costs, with everything that's happening. So you add this to the mix, war always brings political chaos because the markets generally speaking, and you can't ever say with dogmatic certainty it's like something is going happen or something is not going to happen, right? But historically, the trends are when you have war, the stock market comes down.

Speaker 2:

The bond market comes down. They print money, that's very expensive. And it's amplified when you have a country that's basically run out of money, that's facing a liquidity crisis at the banks. You know, when we're seeing everything that we're seeing, and this isn't just in America, Seth, this is a global debt pandemic that we're seeing. Central banks banks around the globe have run into a liquidity crisis, and now you've got the propensity of something that started as one, you know, the Palestinians throwing missiles at Israel, now it's getting possibly engulfed into more of a regional conflict as countries are starting to choose sides.

Speaker 2:

I hope and pray that this ends quickly. I don't have a good gut feeling about it though. And the longer that it goes on, the more it's going to impact normal traditional asset classes, stocks, bonds, mutual funds in a negative direction. But it's going to cause commodities, intangible assets like oil, gold, silver to probably go through the roof because of the inflationary pressures, because of the part of the world that this is geolocated in, right? It's going to probably cause oil to go through the roof.

Speaker 2:

Think gold and silver act accordingly with that as well as a flight for safety. You know, as everything starts falling apart around us economically, the flight for safety component of gold and silver becomes really huge. Always has, always will. Political instability, uncertainty, chaos do cause gold in particular as a political metal, it's a barometer to go up. Now what we have with silver is something different, and it's something even more amazing, and that is it's got this historical ratio with gold.

Speaker 2:

Like 20 to one is what it should be. It's over 80 to one right now. That's saying silver is going to outperform. So as gold continues to go up because of these conflicts and political instability, silver should outpace it because of where the ratio is. And this is how we can start to look at some of these trends that we're seeing globally in the economic world with a political, economic, social lens.

Speaker 2:

Because when you start to put all of those puzzle pieces together, it really starts to paint a more true picture of where we are and what we can do to protect and preserve and grow and thrive.

Seth Holehouse:

You know, one thing that there's been this video flying around Twitter, it's up to like 6,000,000 views. It's something like all wars are bankers wars. And it's this guy explaining, I'm about halfway through it, but a lot of what I already knew in the loss of I didn't know, but really going into how so much of behind what's behind almost every war that we see is money and it's control over money. It's taking independent countries, collapsing them, forcing the central bank systems onto those countries. It's re it's massive movement of money.

Seth Holehouse:

I mean, I think that, you know, when these these conflicts happen, everyone jumps to take sides and look at it and say, this person did that person, this person did that. But I think that if we really take a step back, we can see that there's some significant just moves and power plays that are that are being put into place. And a lot of it is ties to global finance and but then if you also if you look at a lot of the indicators that were coming out in the past couple of weeks, and I want to get into some of these like the the what's happening with the mortgages, the housing market, the the yields, right, the treasury yields. What's you could see a lot of people were saying, like, look, we're entering into uncharted territory here, expect some sort of collapse. And so what we also know is one of the tools of these bankers and politicians is that they use these conflicts to hide their own incompetency or to hide the failing of their own system.

Seth Holehouse:

And so as part of me, it thinks it's like, okay, we just pulled the speaker of the house out that was funding Ukraine that was funneling off all kinds of money, you know, that was money laundering, and who knows what money is going into. That just got pulled out. So that money will probably slow down significantly going over to there. Yet here's this new conflict that's going to need probably more money flowing, it's going to reinvigorate that sector. So it's, I just think that it's, to understand what's happening, it's important to look at how it fits into the overall financial picture and the markets and all that.

Speaker 2:

Yeah, I mean, literally everything in life is not isolated in and of itself, right? You've got all these interconnected pieces. And when you have like Martin Armstrong, who you've talked to before, right? He puts a lot of these pieces together, too. And basically his cycles analysis show that we're entering into a war period.

Speaker 2:

What else comes with war period? Food shortages. Right? When you look back at the Arab Spring uprising, I think I don't know if that was 02/2008. I can't remember when that was.

Speaker 2:

It was a long time. Right? What caused it? Food shortage. Right?

Speaker 2:

People were hungry. There wasn't a lot of food. Right? And the inflationary pressures, was too much to buy anything for families, you know, led into a war cycle. So we've got all of this stuff happening again.

Speaker 2:

You've got food shortages, you've got inflationary pressures, you've got heat. Evidently, it was a hot summer here in Colorado, right? I'm not saying it was due to global warming. It's just probably cyclical patterns, But it's been a hot summer. So hot summer here, it's a hot summer in The Middle East.

Speaker 2:

Right? And then the more arid climates of the world. It's like people, when they get hungry and hot, get cranky. I mean, it's just part of what we're seeing. Martin Armstrong put a lot of these cycles together and it's like, they all overlap, right?

Speaker 2:

And it's pretty amazing now. There's nothing you can really do about it other than identify them and then act accordingly, right? It's like we can't change those cycles and those patterns. They are what they are. But once you identify them, you can act accordingly.

Speaker 2:

And this is where, like, one of the big cycles that I like to look at as an economist is it's like a cycle of financial problems. Right? So financial problems always lead to economic problems, economic problems to political problems, political problems to geopolitical problems, which is generally war. Let's look at the financial collapse of two thousand and nine and lay it into this cycle. So you had subprime lending, right?

Speaker 2:

Banks were lending out too much money to people who shouldn't have gotten money, right? So then banks started to fail. AIG went under, had to be bailed out by the government. So that financial problem led to an economic problem, right? They started to use different money that should have been used elsewhere to fund everything.

Speaker 2:

Now too big to fail. Right? You couldn't let them fail. So then that became a political problem. And now we started to spend all of this money, all of these misallocated funds and new bills like the Dodd Frank bill.

Speaker 2:

Right? And so starting to restrict our financial freedoms and and what we could do and when. And then that caused one of the biggest inflationary times ever in the world is because they they put interest rates to almost zero. Artificially low interest rates to stimulate the economy to get us out of this. Well, then anybody who owned US treasuries globally, like China for example, started to see their investments hit the skit because America was printing money like there was no tomorrow.

Speaker 2:

See, all of this started with a financial problem at the banks. So financial problems lead to economic, economic to political, political to geopolitical, and now the geopolitical consequences of that are manifesting themselves. And it's like, we've got too much inflation. The dollar stinks. Putin says we're gonna de dollarize the world.

Speaker 2:

We're getting out of this stinking dollar that that they keep printing like there's no tomorrow. See, we haven't ended that printing cycle. Right? But other countries now ended their cycle. We're getting rid of our US treasuries.

Speaker 2:

China's dumping. Russia's got rid of all of them. There's there's more withdrawals coming out of US treasuries than there are deposits going in. It's a sinking ship. Right?

Speaker 2:

And so this is the manifestation, the end of the cycle where financial problems could end up with geopolitical more than tensions, and maybe even more than an economic war. I could say we're in an economic war right now. It might end up in a physical war, right? Because when you start stealing money out of people's wallets that happen to be big massive manufacturing and nuclear powers, the end result could be an ugly one. So this is the kind of cycles that I look at as an economist.

Speaker 2:

Like, they're too big for us to change. Right? These are macro in scope and size, But what we do is identify them to act accordingly, and that's how we can actually thrive and preserve over time.

Seth Holehouse:

And so there's two charts I want to pull your attention to. So one is this right here. This is this guy Finance a Lot, which is Finance Lance a Lot on Twitter. Really enjoy his content. But he said the Fed pulled another $20,000,000,000 in emergency OCE liquidity away from the banks this week, 70,000,000,000 total last three weeks.

Seth Holehouse:

In 2020, they froze credit markets by pulling 100,000,000,000 away from the banks over four weeks. He says, they're purposefully causing the crash just like they did in 2020 and 02/2008. And he has some charts there. And so I know that that we've talked about that before with the liquidity, but and the other question, which I'll get into, involves the the bonds and the bond rates. But what what do you have to say about this?

Seth Holehouse:

What's what's this guy talking about with with the Fed pulling this liquidity away from the banks and how that affects things?

Speaker 2:

So the Fed we go back to well, if we go back to the beginning of this year, January 1, and we saw what the M2 money supply was, it's down $800,000,000,000 since January 1. I mean, we can look at that at usdebtcloc.org. Fascinating to look at that. Right? So 800,000,000,000 gone.

Speaker 2:

That's not just because there's more withdrawals than there are deposits. It's too big for that. Right, because we're talking almost a trillion dollars. So the Fed is pulling money out of the system. They're actually getting rid of those dollars, right?

Speaker 2:

And so some friends of ours, David and Stacey Whiter in Kansas City, so they did a little field trip with the family, right? They went to the Kansas City Fed, and they got this tour, they were looking at it, and they were showing them these pallets of almost like brand new bills, dollars, right, that they were actually shredding up and they would sell them in bags as mementos, hey, here's a million dollars of shredded up dollars, right? They're actually pulling it out of the system, and they were brand new. You know, Colton, their son, was telling me, it's like, Kirk, they were brand new. It's not like they were used old nasty currency, it was brand new stuff.

Speaker 2:

So they're pulling money out of the system and to what end to prepare us for central bank digital currency is what I believe. But they started this a while back with what's called a reverse repo mechanism. So a reverse repo means the Fed pulls cash out of the system and injects the banks that they pulled the cash from with worthless U. S. Treasury bills or bonds.

Speaker 2:

So the banks now have these treasury bonds, they don't know what to do with them, They're a sinking ship, but yet they pulled cash out of the system. This was during COVID when mom and pop business owners, when people on Main Street, Restaurant Owners, everything needed money bad, right, to make ends meet. And the Fed was pulling money out of the system rather than injecting it to lend out. Well, to what end? Really?

Speaker 2:

And you've got to start asking these weird questions because I think there's weird answers. And I think it's like, well, I don't necessarily think that they want the system to succeed. You know, if you were really trying to stimulate the economy during COVID, inject it with a bunch of cash, inject the banks with capital that they can lend out. They were doing the opposite. They were pulling it out, and now they're continuing that today where actually they're destroying the currency, not just pulling money out of the system, they're reducing the money supply, right?

Speaker 2:

So I would say the end game there is they want central bank digital currency. You can't have parallel paper currency and digital currency at the same time because it violates what they want, and that is complete people control, the ability to cut you off from buying or selling if your ideology doesn't match up. You can't track that with paper currency, but you can with digital currency, you can track it all day long every day. So I think that's where we're headed. Now it's just one person's opinion, right?

Speaker 2:

It's like my I'm looking at these things, but I can't come up with a sound rational solution other than that because rationally, macroeconomics one hundred one. If you need to stimulate the economy, you inject it with capital so people will borrow it. They're doing the opposite, absolutely the opposite at the worst time in history to do that.

Seth Holehouse:

I mean, the more you learn about these systems, at least in my journey of learning about these systems, can see that they're actually very little of what they do, if any at all of their actions are for the benefit of us. It's all about their own system, keeping their own system alive, keeping their own control in place, and that's just how they operate. So, you know, you mentioned, you know, how they're basically pulling this money out and forcing them to buy these treasury bonds. So this gets us to the other thing I wanted to ask you about because this is why I saw, especially last week, this is really coming up in a lot of financial news I've been following, talking about how the thirty year treasury yield just surpassed the 5% threshold and how the last, this level was last seen in August 2007 right before the financial market collapsed. So help me understand that because whenever you see something on a chart, and especially like this, and it says, hey, this trend was happening right before 1929, right before 02/2008, right before the 80s crash, whatever, you have to look at it and say, why is it happening again?

Seth Holehouse:

Now, and I saw a lot of people talking about this. So what does it mean that the thirty year Treasury yield just surpassed five percent? And why is that important?

Speaker 2:

So look at that. So keep that chart up there if we can. So if you look back, what happened after 02/2007 to 02/2009? Artificially lowered interest rates to stimulate the economy. Right?

Speaker 2:

Rates kept coming down, coming down, lower the cost of borrowing so people will spend. Now at the same time, it was a dual pronged approach. Right? So they were lowering interest rates to entice people to spend while they were printing money like there was no tomorrow to fund every stimulus under the sun. Two things.

Speaker 2:

Now you keep printing money like there's no tomorrow. Ultimately, the rest of the world no longer wants it. It's it's commoditized. It turns into monopoly money, pretty much. So then how do you entice the rest of the world to allocate into your junky currency that you're printing like there's no tomorrow?

Speaker 2:

You raise rates. You raise rates to basically offset the risk of a devaluing currency with the reward of a higher interest rate for investing in it. So now we've got this dual combination of artificially held low interest rates plus massive printing of money, like by trillions of dollars a year in excess of what we actually need, which is why our national debt keeps exploding and everything else, right? So now we get to this point of kind of like critical mass maybe. At 5%, when you've got actually all of this money out there and people are in debt up to their eyeballs, which is the system that they created.

Speaker 2:

Now to slow down that inflation, they have to raise rates to entice more foreign capital. It's like the death knell of a currency. I mean, because there's too much debt. Debt is the Achilles heel of the economy. The raising interest rates to slow down the creature that they designed is really bad.

Seth Holehouse:

I see, I see. So, now this is the thirty year treasury yield when it just surpassed that 5% threshold. So, this is not my area of expertise, obviously. So what is a thirty year treasury yield? Right?

Seth Holehouse:

And what does that 5% represent?

Speaker 2:

Well, that 5% represents something that we haven't seen in a long, long time, is what it represents. I mean, it's almost like pre okay, so we haven't seen it since 02/2007. We had it before then, right? It's like these kind of interest rates that we're seeing are actually kind of the norm. People say, well, interest rates are so high right now.

Speaker 2:

It's like, no, it's kind of the average. You know, we've gotten so used to these artificially held low rates when it reminds me of the dream in the bible where there was seven years of fat cows and the seven years of skinny cows. It's like, what are these seven fat cows and seven skinny cows? Right? Well, what did it represent?

Speaker 2:

Seven big fat abundance years for an economy followed by seven years of need, right, and shrinking. Right? So what needed to have happened during the seven fat years, which we had fat years during the Trump years, we had a lot of fat years during the Reagan years, right? A lot. So what did we do?

Speaker 2:

We didn't save up for the seven years of famine. I'm not saying famine, famine, but in the sense of this biblical message, seven years of plenty followed by seven years of famine. Apply that to the economy. Seven good years followed by some really bad years, right? Where if people were to save during the fat years, the lean years wouldn't really matter because they could live off their savings.

Speaker 2:

We never did that as a nation. In fact, we tried to keep up with the Joneses, right? We kept this desire, this insatiate need for we've got to spend, we need more stuff, we're gonna live beyond our means because we can afford it because interest rates are really low. Well, interest rates never stay low forever. In fact, they were held artificially low.

Speaker 2:

So now that they're getting back to the norm, but during this last twenty plus years, we've had cheap debt. This all actually started not in February. This started during nineeleven, right, in the early 2000s, when that's when they started to stimulate the economy with cheap money. So now it's time to pay the piper. That's simply where it is.

Speaker 2:

I don't care if if the yield on thirty year treasury is 5% or 10% or 20% if we have no debt. It doesn't matter. If people don't have debt, who cares what it is, you're not paying that off at those high rates. But the fact of the matter is we're in debt up to our eyeballs, And at 5%, that's double what it was at 2.5%. It's not like your payments went up 2.5%.

Speaker 2:

Your payments doubled off of those low rates. We got down to 1% prime rate, right, for quite some time. So going from 1% to 2%, two % to 4%, we're more than doubling twice during that timeframe. This is why this debt is gonna be the Achilles heel of our economy is people aren't going to be able to keep up.

Seth Holehouse:

I see. Okay. Okay, that makes sense. So just when you mentioned earlier that they raise rates to attract in some part to attract foreign capital, right? That inflow.

Seth Holehouse:

Okay. So basically, it's it's just that it's this catch 22 of, like, we're gonna say that the age old battle of a fiat currency, right, of inflation versus money printing. And so, you know, kind of circling this back to what's happening in Israel, do you get some sort of sense that, you know, there's always indicators of the of the markets and, you know, just the just the way of life in America, the credit card debt, delinquencies and credit cards and auto loans that that something is coming to the head and perhaps that this war that that could be just the final blow that really sets things off?

Speaker 2:

I do because I think that's gonna cause oil prices to go through the roof. Right? And everything that we consume basically as some kind of petroleum based source, whether it's plastic in your electric vehicle dashboard, whether it's the rubber in your electric vehicle tires. Right? I don't care if you're a % electric car.

Speaker 2:

You still use petroleum based products. Right? Rubber, tape, the gears and the machines that make paper, everything uses grease or oil or gas of some sort. So when the price of that goes up the way that they're expecting, it'll put a pinch on people who are already pinched in a pretty bad way.

Seth Holehouse:

And and what about so you mentioned earlier, gold and silver, as it relates to war. Now I know that during the, 02/2007, '2 thousand '8, '2 thousand '9 collapse, that there was you saw initially a lot of the commodities go down with the rest of the market, but then gold and silver both spiked to levels well before the, you know, the collapse. So now, you know, we've had we've had the war in Ukraine, you know, for, gosh, a couple of years now, it seems. I I think it's probably right. I mean, it's crazy how long it's been going on for.

Seth Holehouse:

And now that would seem more like a regional war. Of course, you had NATO, you know, getting involved in some of the European countries and Biden sending money over, but it still seemed more like a a regional conflict that, know, had some ripples globally with, say, food prices because of the, you know, natural gas exports and petroleum based fertilizer, etcetera. But with what's happening in The Middle East, this just like, that seems like it's it's almost like you go to a concert in the different stages, you know, like the side stage. Well, it's like, well, Ukraine's a side stage. If you have a war in Israel, that's the center stage.

Seth Holehouse:

So am I correct in understanding that what's happening there, if it continues and say continues as long as Ukraine does, it's gonna affect things globally in a much more significant way than Ukraine. Is that right?

Speaker 2:

I would say so. Yeah. Yeah. Much more significant. I mean, Ukraine is a big agricultural producer.

Speaker 2:

Israel seems to be tied into everything. Right? And then, I mean, whether it's close to oil, close to gas, you've got political ramifications because of different allies that need to partner up during times of war. I mean, it has the ability to be way more expensive, way more damaging the economy than Ukraine ever was.

Seth Holehouse:

I see. And so you mentioned before just the ripple of this in terms of stock market and everything. So I mean, to me, actually fits in. It's funny because I just interviewed, Doctor. Charles Niner recently.

Seth Holehouse:

You know, they're, know, kind of a Martin Armstrong esque person, you know, cycles guy. And he was like, Look, like everything's pointing towards, like, the the war cycle is only intensifying. And this was before anything happened in Israel. And it seemed like that, you know, like Ukraine was maybe it's slowly petering out. You're hearing less and less about it.

Seth Holehouse:

It's not like what it was at the beginning, but he was like, No. Like, this is it's just intensifying. And he might have even said that he expected more war to spill out from those regions. But I think that's just, it just seems like that's where the cycles are at right now. We're not at the cycle of peace.

Seth Holehouse:

Like, maybe Trump gets back in 2024, '20 '20 '5, starts exerting his effort on the international stage and maybe we have a little more peace at that time but it just seems that over the course of the next couple of years that it's not going to be not going to be an easy time.

Speaker 2:

Agreed. I agree.

Seth Holehouse:

So I guess, do you have any kind of closing thoughts on just the overall situation as it relates to the war economy, the banks?

Speaker 2:

Yeah, I mean, historical patterns tend to repeat themselves because they're patterns, right? And there's fundamentals that drive those things. War is very inflationary. So when something's inflationary, how do you protect and preserve? You invest into things, right, generally speaking.

Speaker 2:

Things go up with inflation. I don't care if it's a car, oil, gas, groceries, gold, silver, they're all things. So I would invest into something that's easy, that you can do without leveraging yourself, that you can do without debt. Would actually allocate into silver because it makes sense. I mean, is what I'm doing myself, right?

Speaker 2:

I'm just telling people what I do myself. You can make your own decisions, right? It's not necessarily advice. I'm just saying this is what I do. And if it makes sense to you, I would recommend you do the same thing.

Seth Holehouse:

Yeah. That's my strategy as well. I'm not a stock market guy. I this is something I like about just holding a piece of silver. So, well, so if folks do want to get ahold of you, we've got a website set up that forwards.

Seth Holehouse:

It's goldwithseth.com. And your phone number (720) 605-3900, right? Is that those are two ways to get ahold of you?

Speaker 2:

Two ways to get in touch with me is the website, link that you've provided or call our office directly and just let us know that Seth sent you.

Seth Holehouse:

Perfect. Well, Kirk, it's always good having you. Unfortunately, it's not like we do these shows and it's like, what's happening? Like, well, everything's great. It's just not where the world's at right now, unfortunately.

Speaker 2:

It's not. I can't wait till we can get to that point. We can talk about happy thoughts, but we're not there. But at least we have solutions that can help people.

Seth Holehouse:

Yeah. Well, thank you so much, Kirk. It's always good seeing you.

Speaker 2:

Brad, it's great seeing you.