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Join me for a critical economic update with Kirk Elliott, PhD.
To learn more about investing in gold and silver visit http://goldwithseth.com, or call 720-605-3900
Join me for a critical economic update with Kirk Elliott, PhD.
To learn more about investing in gold and silver visit http://goldwithseth.com, or call 720-605-3900
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.
Ladies and gentlemen, welcome to Man in America. I'm your host, Seth Hullhouse. So back in March, Biden signed this executive order that probably would have went unnoticed as if it weren't for the people that were looking exactly for this. And it was an executive order specifically detailing the rollout of a central bank digital currency. And it sounds a little bit, you know, like, what is that?
Speaker 1:What's that really mean? Does it affect me? And I think a lot of people probably glossed over it, but it's actually one of the most important and significant executive orders ever signed in the history of our nation. And so we're gonna be digging into that today with Kirk Elliott. But before we get started, I just wanna remind folks, if you're not following me on social media, make sure you're following me on Telegram and Truth Social.
Speaker 1:My handle is maninamerica. Also, every show that we do is put into a podcast. If you wanna find it on the podcast app, just go to Spotify, Apple, whatever podcast app you use and search for man in America, and look for the smiling bearded man. That's me. Make sure you leave a five star review because it really helps me to reach more people because it helps the algorithm.
Speaker 1:So no fancy intro today. We're gonna dive right into the interview on this important topic. So without further ado, Kirk Elliott, thank you so much for joining me today.
Speaker 2:You bet, Seth. It's great to be with you.
Speaker 1:Yeah. It's funny because as we were talking about before the show, I just finished installing our new wood stove so we can heat our home off of wood instead of relying on natural gas. And I thought, you know, I'll keep my my wood chopper flannel on. You've got your flannel too. So it's kinda this is gonna be kind of like a financial prepping episode of how to survive the the central bank digital currency apocalypse.
Speaker 2:Well, we're dressed in the part. Well, I didn't install a fireplace or anything, but it is snowing like crazy here, and it's like 17 degrees. So there you go. So I've got my flannel on today.
Speaker 1:Great. So Kirk, let's start with going back in time a little bit to earlier this year, and I'm gonna pull an article up here on CoinDesk. And so this was basically what it was is back in March of this year, Biden signed this executive order on cryptocurrency. And I'm going to go ahead and scroll down to the place in the executive or just section four, which details the policy and actions related to the United States Central Bank digital currencies. And obviously, we're not gonna go and read all this information, but can you describe to us what this executive order set in place and why it's so significant?
Speaker 2:Yeah, so you're right. It did kind of just, everybody just sort of glossed over it because it's just talking about digital assets, And everyone's like, oh, cryptocurrency, here's another, here's just another executive order, like overreach into the crypto world. Right? But it's more than that. I mean, this was a long executive order for executive orders.
Speaker 2:Sometimes they're just a few paragraphs long. This was multiple pages. Right? But if you go to section four, like you highlighted, that's the one that actually details the central bank digital currency. And Scott, some really disturbing language in it.
Speaker 2:So in in just a few paragraphs, what he set the stage for in that section four was legal surveillance of all US citizens, complete control of all bank accounts and purchases, and really the ability to crush free speech and and silence opposing voices. It's like, what what does this have to do with Central Bank Digital Currency? Right. But it has to do everything with it. Because here's the thing, this is not what they will message it as is, hey, we've got to add stability to financial system.
Speaker 2:Right. Or we're going to help fight inflation. Okay, let me just stop that one. Right. Dead in its tracks.
Speaker 2:All that this is, is a digital version of fiat currency. Right. They can mine it. You know, the tokens are just like they can print dollars. There's no backing to it.
Speaker 2:Right. So it's just a digital version of paper currency, but they want to get rid of paper currency because paper currency is private.
Speaker 1:Yeah.
Speaker 2:This one is not. Like, you're paying cash for something, it's not like a credit card where you have line item of all your transactions. They're completely private. Well, that's what they want to get away. So they want to do away with all of that.
Speaker 2:So here's what this is all about. It's all about people control. It's not about financial freedom. It's not about well, it is about the transparency of transactions, but not for For
Speaker 1:them, not for us.
Speaker 2:Yes. Not for what they're gonna promote it at. Because here's what when they when this starts hitting the mainstream, this will almost guarantee this will be the messaging. It's like, oh, we need central bank digital currency to add accountability, to add transparency to the financial system. It's going to be ease of use cross border transactions.
Speaker 2:Right? It's going to make things much more efficient. But imagine a world where there's clarity of transactions. And I use these words specifically because this is what Doctor. Pippa Malmgren, one of the most well known globalist type economists on the planet, does stuff for the World Economic Forum and so forth.
Speaker 2:Well, at the World Government Summit earlier this year in Abu Dhabi, these were her exact words talking about central bank digital currency as it will bring clarity of transactions in its programmable money. Okay. So what does she mean by that? Because these are more than just nice sounding words. Clarity of transactions, the way that they're going to market this, Seth, and message it to the masses to try to get acceptance of it is imagine a world where you can know the source of funds from from all these different transactions.
Speaker 2:We'll be able to stop human trafficking. We'll be able to stop arms trafficking, drug trafficking, money laundering, you name it. Right? It's like, those are all great goals. I want that.
Speaker 2:But what I don't want is the flip side of that coin, which is clarity of transactions on everything you purchase, I purchase, whatever. So so here's here's where it starts to go south really fast. And once people realize what's happening here, they're they're really not going to like it, because what they're doing is they're going after your money. Right? So it might seem that this is not over the top.
Speaker 2:The goal of the bill is simple. They want nothing more than to make the dollar obsolete, again, because they don't want any kind of private transactions. So do away with paper cash. And so programmable digital tokens is what they're talking about. Right?
Speaker 2:Let's call it a Fed coin. Let's call it a digital dollar. Whatever they're gonna call it, who knows? But why is this so sinister? This is the question that we have to answer.
Speaker 2:Right. So with these Fedcoins, we'll call them for the sake of lack of a better name for it, they're going to be able to monitor your cash remotely. They can turn off your bank account at the touch of a button. Right? So they can track and record every purchase that you make.
Speaker 2:Right? So this is different than online banking. Right? And it's nothing like cryptocurrency. So cryptocurrency, like all the news that's today with FTX exchange, just blowing up.
Speaker 2:Right? So Bitcoin, Ethereum, all these things, they're cryptocurrencies, but they're decentralized. So there is privacy and decentralization through blockchain. Right. That's one of the attractive things about cryptocurrency.
Speaker 2:But when you have it centralized at the central bank level, it's completely opposite. It's no longer private. There is clarity of transactions, which is what Doctor. Pippa Momgrin was talking about. It's the equivalent of having spyware installed on your bank account is what it is.
Speaker 2:Right?
Speaker 1:I think if you look at it, to jump in, if you look at China, where they've got their social credit system, it's already rolled out there basically in in principle. Whereas, you know, someone in China, for instance, and I've read a lot of stories about this, they might be in a conversation with somebody online and might mention something about Xi Jinping or a distrust of the government, or they might share a post that has news that's not approved state news. And all of a sudden, they can no longer buy a train ticket, because they're not allowed to travel. Right? So it's it's it's really controlling.
Speaker 1:It's like, okay, what do we need every day to exist in this world for most people is money, whether you're paying off your mortgage or whether you're buying your groceries, and it gives them control of that. But if you look at the globalist central bank, you look at the central bank and its minions of say, Klaus Schwab, and the other people at the, you know, WEF level, they're talking about, oh, we should be eating bugs, not meat. So they could then use this currency to say, woah, you've already reached your $20 a week allowance to buy steak because it's part of your carbon footprint. You know, it's it's really it's all about fundamentally, as I understand, it's all about control and a technocracy. And something that is also interesting, you know, you know, the Hegelian dialectic.
Speaker 1:Right? You know, problem, reaction, solution. You know? And if you look at it, it's like that's always it's always the problem is something bad than the reaction I would see. And their solution is always less freedom and more overreach from the government.
Speaker 1:Look at what happened nine eleven. Look at the Patriot Act. Oh, it's like we're gonna protect you from terrorism, but we need to take away more of your rights. And this is what you know, you mentioned FTX and everything that happened this week with, you know, Sam Bankman Fried, etcetera. And I've covered it a lot.
Speaker 1:It's I think it's a very significant event. And part of what makes me think of what's happening is that now it becomes the perfect catalyst for them. Because they they don't want us to have decentralized currency that they don't control. They don't want us to have anything that they don't control. Right?
Speaker 1:That just that's their process of becoming this one world government. But if you look at what happened with the collapse of FTX, which is a major, you know, Bitcoin and crypto exchange, to me, it's laying the perfect narrative for them to come out and say, well, you know, look what happened with FTX. It was unregulated, and all these, you know, innocent people lost millions and millions and billions of dollars. To me, it's like they laid the perfect groundwork for them to come out and say, well, see, this is why we need to have a center a centralized digital currency because you can't trust these other ones. And and it's it's exactly, I mean, to me, it's just it's it's exactly laying the path for this.
Speaker 1:And and, like, when I see what's happening with FTX and everything, it's like, I I have a lot of other bigger picture theories about what caused it as it relates to China and Binance. But fundamentally, it could very well be a major false flag event, where it looks like they're being exposed. And maybe they are to a certain degree, because it didn't play out how they wanted it to. But fundamentally, it's now this problem. And then the reaction is everyone freaking out and saying, woah, is crypto not trustworthy?
Speaker 1:Everything. And here's the golden solution, which is the golden Bitcoin, or sorry, not the golden, the golden central bank digital currency, which then brings us up to the news of this week, which is crazy that I'll bring this bring up an article. I'll kind of pass it back to you. But it's insane that this next article I'll bring up right here. This is from Zero Hedge, which is says, here comes here come the programmable dollars.
Speaker 1:New York, Fed, and 12 banking giants launched digital dollar tests. This is from this week. The fact that this is happening at the exact same time we're seeing a collapse of public trust in cryptocurrency. It's like, what, like, what is the chance of this happening? So what do you make of this?
Speaker 2:So alright. So let me take a step back to answer that question because we have to look at the life cycle of the US dollar. Right? So when we started our currency, you know, back in the day, it was a gold backed currency, right? We used to have a $20 bill was equal to one ounce of gold.
Speaker 2:That's why the old one ounce gold pieces say $20 on it. Yeah. Right? So then here comes the Federal Reserve Act of 1913, right? Got rid of that.
Speaker 2:But so now this cartel owning bankers could just actually print money without discretion because they took away the gold back. Right. So that's when all of this sort of started. And it was this experiment in central banking, which was done by the Rothschilds who have the Bank of England, the European Central Bank, right? So, tons of banks around the world.
Speaker 2:So, we've had this one hundred years of central banking by fiat. And what that did is it created a world of debt. Everything that we have is based on this system of debt. Stock market is where it's at because of stimulus money propping it up. Everything we have is debt, debt, debt.
Speaker 2:And the bankers make a bajillion dollars a year off of it, right? We get poor. Yeah, and we get poor. So then come to 1971. So when they outlawed gold usage for citizens, they didn't outlaw it for basically countries.
Speaker 1:Country to trade. Right.
Speaker 2:Country to country trade. So in 1971, we owed France a bunch of money. And France said, hey, we want payment back in gold. We don't want it back in your stinking US dollars. So Nixon gets blamed a lot for the inflation that we have because he closed the gold window.
Speaker 2:And he said, no, France. No more gold. We're completely just now a com just money. Right? Just by going pressing the button on the printing press, create more money.
Speaker 2:Well, France, you know, got ticked off a little bit. Well, so they took their dollars because Nixon closed the gold window. Now he gets a lot of flack for creating the inflation that we have now because it's gone through the roof when you have zero tangible backing whatsoever, not even for international trade. But why he did it was actually a good reason. He said, no way.
Speaker 2:We don't want and he understood it. He said, we don't want this paper money. We want to actually keep our gold. Right? So that's why he did it.
Speaker 2:Then what happened almost immediately after that is we got off the gold standard and we went to an oil backed standard with a petrodollar. See, because in the early 70s, now all international settlements of oil, Saudi Arabia selling stuff to China, Iran selling stuff to Brazil, whatever, right? It was all traded. If it was country to country transactions in oil, it was done in the US dollar. So that built up demand, inherent demand for our currency.
Speaker 2:So that's how we could amass all the debt that we have, because we could just print, print, print, print, get all this debt, and there was still demand for our dollar. If you were to do that, and you were just some other random country, your dollar, your currency would just trash, right? It would just go to the floor because it's like they're flooding the market with your currency. It's like monopoly money, and we don't want it anymore. But we had built in demand.
Speaker 2:Well, now take it to what the BRICS nations do, what they're starting to do now when they became BRICSs and added Saudi Arabian to it just last week. Saudi Arabia tells China, it's like, hey, China, you know what? You're you're actually our largest purchaser of oil, and we're not going to require that you pay for it in petrodollars anymore. Pay for it in whatever currency you want. You know, actually, why don't we pay for it in maybe our our own currency?
Speaker 2:Right? So so biggest nail in the US dollar coffin ever. Right? And there's and so there's all kinds of dozens of countries now petitioning to get into the BRICS nations. So it's not just Brazil, Russia, India, China, South Africa.
Speaker 2:They've now got Saudi Arabia and and 20 to 30 others that are wanting to get admitted. Right. So at this point, with the dismantling of the petrodollar system, all we are is paper money. So the dollar is slated for complete destruction because 100% of the time throughout history, fiat based currencies, which is printed by decree only, no tangible backing, they fail 100% of the time. Not good odds, right?
Speaker 2:So this is now once the petrodollar system is dismantled, that's what we are, fiat based money only. So they just kicked the big kid, the world's reserve currency, out of the sandbox. That will bring upheaval and chaos. But oh, they've got a solution. Central bank digital currency, right?
Speaker 2:And so people like cryptocurrency, it's been the hot topic for years, right? But oh, now what you just talked about, the exchange being corrupt going under $36,000,000,000 as we know of so far, just disappearing. Right. So you can't trust decentralized cryptocurrency. You can only trust centralized digital currency, right?
Speaker 2:Central bank digital currency. So I think this is the timeline of where we're headed. And this is what they want because it's all about people control, like you said. And if it were just the Federal Reserve doing it, I'd say, okay, an anomaly. It'll try to pass it, nobody will care, then it'll go away because people are going to realize, well, we don't like this.
Speaker 2:It actually has nothing to do about anything other than people control. If we step out of line with their narrative and the digital social profile that they're building on all of us, then they have the ability to shut you off. So let's say that you, Seth, go go to the gun store and buy some some brass and some Latin, some let's say, you're not in this for world peace. We're gonna shut you off. No more buying from gun stores for Seth.
Speaker 2:Or what if, like, during Obamacare, for example, health insurance premiums are going through the roof, through the roof, and they noticed that you happen to go to Burger King and Taco Bell every single day. It's like you're part of the problem, not part of the solution. No more fast food for you. Right? Or what if they don't like the political party that you donate to or the church that you donate to?
Speaker 2:Boom, boom, just shut you off. They have the ability with programmable money to turn on or turn off if your digital social profile isn't what they want. Right? So what's going to be attached to this digital social profile? Well, in this section four, it talks about all these different intergovernmental agencies that are in cahoots with each other that share information back and forth.
Speaker 2:It's like, why do all these places have to know everything about you? This is just money, right? Well, what if you don't have your health passport? Okay, you're going to get a demerit. Right?
Speaker 2:What if you don't you don't you didn't get vaxxed? All this stuff. Well, okay, you're going to get a demerit. Right? So with your digital social profile, imagine applying this.
Speaker 2:I'm just connecting some dots to your pension, to your retirement plan. Right. And they're going to know everything about you, your net worth, how much you own. They'll say, okay, you can take out of the central bank digital currency $1,500 a month as your spending money. Once you hit it, you're done.
Speaker 2:Oh, if you don't have a health passport, you only get 1,100. Right? Or, I mean, they your mind can go crazy.
Speaker 1:Ukraine. Ukraine's One of places they've been piloting a UBI, universal basic income, which is really that's what this is. Based upon your vaccine status, you have to have your your passport. I mean, it's almost like you think of these futuristic movies where they they no longer have dollar bills. They just have, like, how many credits do you have?
Speaker 1:And they use 37 credits to buy their lunch. That's about what this looks like. And Yeah. You know, I'll insert a theory that I have, because if we look at where we're at in history, I do believe that we're in one of the most significant changes in in human history. It's almost like I feel like that we're at the the the flood era.
Speaker 1:Right? You know, whereas Noah's like, I gotta build an ark, right, because something big is happening. And, you know, so if you look at, you mentioned the BRICS nations, China, the Saudis, etcetera. What I see playing out is that it's really it's the money that gives the, you know, the elites or the cabal, whatever you want to call them. You know, I think a lot of folks that are watching the show now realize there's some group of very powerful, very evil people that run a lot of this world.
Speaker 1:And that's why you see, oh, all of a sudden, every giant corporation has a rainbow flag in their logo. Every, you know, major Hollywood Star, Football Star is talking the same talking points. They're all owned in some way by the banks and the system. Money is their mechanism of control. Right?
Speaker 1:Fundamentally, you know, Kissinger made it very clear. Right? Money is what gives you control at the global level. If you control their food or their energy, you can control, say, a nation or a continent, but it's money that gives you global control. But what I think is happening, though, is that the BRICS nations, they're they don't want to be part of this European ECB, European Central Banking System.
Speaker 1:And so they're actually doing the opposite in a lot of ways. Not that I trust them, because you've got Xi Jinping and the CCP in the middle of all that. But, you know, they're still fighting off this central bank. And what I think that they're doing is that they're accelerating a lot of the destruction of our currency and everything. Because, as you know, we're talking about in a show earlier today, it's almost like the process of the great reset is to set the old building on fire that all of us are living in, while there's the new building that we have to all run to all at once once the old one burns down.
Speaker 1:That new building is always the building that's hardwired for control. That new building is their, you know, vaccine passport system. It's the social credit system. It's a central bank digital currency. It's all the the elements of control that they want.
Speaker 1:But I think that what's happened is that you have these BRICS nations that out of there's a very big factions battling, and we see these little little elements of this down where we're at. But at the high levels, I think there's a massive war going on for who's going to control the world. And I think what they're doing is they're like, okay, well, your new building isn't built yet. We're gonna hurt and burn down the old building before the new one's built yet, because then they're gonna come to our building instead. And that's what I see they're doing with their currency, because they're looking at it's not just that they're collapsing the US dollar.
Speaker 1:I mean, look at what Russia's doing to Europe with the energy, you know, blockages and everything. It's it's absolutely it's incredible, actually. Like, it's it's a war being waged. A lot of don't really realize it, but there's this massive war being waged. But what they're doing is they're destroying this Western financial system.
Speaker 1:But they're in the same process, they're smart. Right? They're bringing back a gold and and commodity backed currency. Like, their their whole all their currency systems are backed on on oil, on gold, commodities, etcetera. And so it's a really crazy time because we're kind of stuck in the middle of this.
Speaker 1:And it's like, well, I don't want to be forced into the central bank digital currency. That's for sure. And I'll fight tooth and nail to avoid it. Trust me. The same way I fought tooth and nail to not be jabbed and everything else.
Speaker 1:But it just, it's a wild concept to think about, like, we're at, like, we're at the kind of nation and empire destruction phase where you're seeing massive changes happening in human society. But it's like Martin Armstrong, who actually I'm gonna be interviewing pretty soon, which I'm like, I'm wildly excited about.
Speaker 2:That's amazing. I love him. He's awesome.
Speaker 1:I'm so pumped. But if you look at how his algorithm is able to predict when kinetic wars start, it always starts financial. And that's how he can predict with his algorithms the exact day a war will start, because that war always starts first financially. And we don't really realize it, but we're caught in the middle of a massive financial war.
Speaker 2:We are. And so that's an interesting cycle, right? Because financial problems always lead to economic problems, economic problems to political problems, political problems to geopolitical problems, which is war, Right? So so you look at how this this plays out. It's like you have a banking crisis turns into an economic crisis in a country.
Speaker 2:The economic crisis turns into a political crisis. And then always something happens where it turns into geopolitical conflict. Like every single time we go through this cycle of economic problems. So what you said, Seth, is so incredibly important with the BRICS nations. They are incredibly smart in how they're fighting this battle.
Speaker 2:Right? Because not only are they backing their currency with gold, right? They're actually taking transparency Western financial system for possibly nefarious transfers. Right. So when Biden, through executive order again, took Russia off the SWIFT banking system, which is basically how the messaging board that causes international bank wires to happen.
Speaker 2:Right. So if you go off that, you can't get a wire. You can't send one out. So he did that against Russia to try to just break them economically. Well, Putin said, well, no way, Biden.
Speaker 2:It's like, I'm going to go to China and see what they have to offer because they do have their own version of a SWIFT program, but it's now this eastern bloc of nations. And so when all of that is being done there, we lose all visibility to those transactions in the West. Right? So arms trafficking, human trafficking, drug trafficking, you name it, now is going to be invisible to the West because they have their own system. Right.
Speaker 2:So with that, they can now still receive payments. But one step further, China is conducting phase two of economic warfare by dumping all of the treasuries of Western countries. So he's dumping US treasuries like it's dirty laundry, right? He's dumping European treasuries. He's dumping Japanese treasuries.
Speaker 2:And so when all of this gets these treasuries get flooded on the open market, what happens? Their price comes down. So now the dollar and European, the euro and the yen, they're all going to be tanking. Right. So then what?
Speaker 2:Countries, just because they lose their foreign capital inflow doesn't mean their debt goes away. We still have entitlements. We still have expenditures. We still have infrastructure. We still have to raise the debt ceiling every year.
Speaker 2:Right. I mean, we still have all of this stuff. So he is forcing and by he, I'm talking about the president of China, is forcing the West to actually inflate or die. Right? So now we have to print all this money to fund these expenditures because we're not getting foreign capital inflow.
Speaker 2:When that happens, it devalues the dollar even more. We get even more inflation. You have to raise rates even more to try to stop that inflation. And he knows what he's doing there. That he's not crazy president of China.
Speaker 2:Right? He's he's actually fighting an amazingly smart economic battle and winning. And so now when you dismantle the financial centers of the West, boom, great reset, central bank digital currency, programmable money, complete control of all people. And that's how they're playing this battle. Right?
Speaker 2:I mean, when you when you connect some of these dots, when you put these puzzle pieces together, it's not too hard to see what they're doing.
Speaker 1:No. It really is.
Speaker 2:The timing of what that article that you just brought up, the 12 banks doing a test, right, with the cryptocurrency exchange going under same week, it's like, you got to be joking. This is not coincidence, right? So here's what I think is happening with those 12 banks and doing this digital money test, right? So you can't change a currency and fail because it would be devastating, right? You can't make a mistake on it.
Speaker 2:So like, okay, let's look at the rollout of Obamacare. Okay. Colossal blunder, right? Said nobody could get insurance. I mean, it was they were trying to sign up for the dumb thing and nobody could get it.
Speaker 2:Right? So colossal fail of a rollout of something. Right? So you can't have a colossal fail of a rollout of a new currency. So therefore, they're testing it with 12 big banks.
Speaker 2:See how it works. See if there's any hiccups in it, any kind of snafus. Are the banks talking to each other? Is this digital programmable money actually going to work? Right?
Speaker 2:So they're testing it, which tells us that we're pretty close. Because in Biden's executive order, the date that they actually want to start rolling this out was in December next month of this year. Right. So does that mean it's all or nothing come December? No, probably not.
Speaker 2:It's going to be probably a multi year phase in would be my guess. And during that time, this transition is actually when the battle is going to be won or lost. Don't think because we get a central bank digital currency that we've lost the battle. Yeah. Right?
Speaker 2:Because you're going to have parallel currencies that kind of emerge. It's like, not every merchant's going to say, I don't want that. Right? They're going to say, No way. This might be the mark of the beast.
Speaker 2:This might be something else. Right? And so they're gonna take other things in exchange other than central bank digital currency. So let's look at when the euro became a currency. Right?
Speaker 2:This was, I don't know, thirty five, forty years ago, whenever it was. Right? It wasn't all or nothing euro. So it was an option, but people could still transact business in the German mark and the French franc and the British pound, the Dutch guilder, I mean, for a while until it did actually transition into the currency of the land. Right?
Speaker 2:So I don't see it's foresee how it's going to be any different this time. Right? You're going to have parallel currencies that come to play. And this is the battle of the ages, Seth. It's like, who's going to win?
Speaker 2:Right? So you could have a gold backed currency, gold backed dollar, or gold backed something kind of currency, maybe Quantum Financial System currency, which is decentralized cryptocurrency backed by gold. That might be an amazing option. Right? So I think you're going to have all of these things running parallel for a bit, and people will realize, oh my word, we didn't realize that central bank digital currency was what it was.
Speaker 2:This is it has nothing to do with sound money. It has only to do with people control. In fact, they I'm I'm now getting messages from from the government that says you can't buy or sell at this place anymore. You're on warning. Right?
Speaker 2:Or they just shut you off. I mean, this is like the dystopian future that you watch in movies, this Orwellian brave new world that's not actually future cast anymore. It's like now, right? So how would you navigate through that with success? You have to get out of the system with something that's I hate to use the word barter because it sounds like conspiracy theory, right?
Speaker 2:But with a tangible something. Right?
Speaker 1:We are both in our flannels. So I think I think bartering are. We are. And I'll throw something out there really quick, Chris. It's kinda is that I you know, how I how I look at this is, you know, a lot of people say, okay.
Speaker 1:Prepping. What does prepping mean? Yes. The doomsday prepper on TV. To me, it's about, I see the writing on the wall.
Speaker 1:You can you can, you know, go watch hunger games. Like, that's where they're trying to take things. Go watch Blade Runner. And he's that's where they wanna take things. 1984.
Speaker 1:So I see the writing on the wall, which is why I just installed a wood burning fireplace. That way they can't say, hey, Seth. Like, you know, we we we're not really happy with how you've been talking about Biden online and your your whole Biden joke about him pooping his pants. We're not happy about that one, so we're gonna cut off your gas this month so you can't heat your home. Like, that's where we're headed.
Speaker 1:So for me, it's like, okay. We dug a well. Okay. We're now independent. We have well water coming.
Speaker 1:We're trying to pay off a little bit of land. So it's okay. We own that. They can't come take it, or at least hopefully, I can keep paying the taxes on it, which that's a whole other issue of, like, how far we are from the original constitution. It's like, you're taxing my land.
Speaker 1:Right? But then it's, you know, food, you know, getting you know, prepping up food, learning how to grow your own food. It's really it's about this lifestyle of, you know, not really to say getting off the grid to go live in a cabin in the woods with solar, but to get outside of their system of control in every way possible. Now not everyone can go dig a well or install a wood burning fireplace. You have to look at the small ways that you can.
Speaker 1:And in terms of looking at solutions, I mean, that's what I've look, I've learned a lot from you. And that's where the obviously, you can see that the attack, this particular attack, is on the financial aspect of it. Right? So in terms of financial prepping, like, that's where you come in.
Speaker 2:Yeah, it is. It's preparedness. It's if a hurricane's blowing in on the West Coast Of Florida, what do you do? You generally board up your windows and go inland. Yep.
Speaker 2:Get some water. Or if you're going to hunker down, get up on the top floor, hunker down, right? Get your water, get you some food, whatever. Or else you just leave for a bit. Right?
Speaker 2:The point is you're going to prepare, you're going to get out of Dodge to protect yourself, and then you go back later. This is all that we're doing with currency, right? With our investments is we see this tsunami coming, we see this storm coming, and we're just going to get to safe ground, right? We're going to what worked in the past isn't going to work in the present or the future if something changes. So we have to look at this.
Speaker 2:It's like when people voted last week, I think it was last week. Mean, I think time flies, right? Yeah, whatever. So when they voted, the economy stunk before they voted. They voted.
Speaker 2:Nothing really changed. So therefore, the economy is going to stink after. Right? Really? Nothing really changed.
Speaker 2:The senate's about the same. The house
Speaker 1:I think it's gonna get worse. I think that even if you look at Biden begging the Saudis to not, you know, not to mess with the oil production to keep the oil per gas prices down, I think that they've been trying to keep the economy together and keeping it held together up until the midterms. That way, they can say, look. We have done that bad. Whereas I I think that now that it we're we're through that time period, it's now overdrive of how to destroy America as quickly as possible.
Speaker 2:Well, and that could be a very prophetic statement that you just said, because I just read an article two days ago about OPEC. For the fifth month in a row, they're seeing declining demand for oil globally because the global economy stinks so bad. So what are they gonna do? They're gonna cut their production. Basically, I don't think it's because of global demand.
Speaker 2:I think it's because who's part of OPEC? Well, you've got all the Russian coalition, Saudi Arabia and China coalition, BRICS nations, They're basically saying if we cut supply, prices are going to go through the roof. Our research article I read, if they do what they say they're going to do, oil could be $300 a barrel. If oil gets to $300 a barrel, it's tripling from where it is right now, right? What does that do to America?
Speaker 2:Crushes us.
Speaker 1:Right? Because not just the gas in our car. It's not just everything. Everything that we buy just about is plastic
Speaker 2:It's oil. It's home heating oil. It's manufacturing. When you buy that flannel shirt that you're wearing, it was built in a machine that has oil, right, to grease everything. I mean, it's everything.
Speaker 2:Everything that's plastic like this, it's petroleum based, right? So even even people who have electric cars have petroleum in the gears. Right. Even even the the power plants that have to create power to actually plug in the electric cars to our coal. And they have petroleum based stuff in there to make sure all that those machines are running right.
Speaker 2:Right. It truly impacts everything. Everything. So this to me has nothing to do. They use the decreasing global demand as their rationale to cut production.
Speaker 2:I think they cut production to really stick it to the West. So the BRICS nations can can actually have one more nail in the coffin to get their way.
Speaker 1:Absolutely. Absolutely. Well, what do we do? Yeah. If you've got your money sitting
Speaker 2:in a
Speaker 1:four zero one k or an IRA or, in these places where it's vulnerable, what do you do?
Speaker 2:You have to reallocate, right? See, normalcy bias is usually what kills people's productivity and profitability, because here's what you say. I've invested in the stock market for a long time and I've been through crises before and it always goes up. My advisor tells me it always goes up in the long term, right? True.
Speaker 2:That's a true statement, right? The stock market higher now than after the correction in 02/2009? Yep, it is. How about after February when it came down 80%? Yep.
Speaker 2:Very, very accurate statement. However, the problem with that statement is it took eight years to recover from 02/2009. It took nine years to recover from February. Why write a trend up and then take eight years just to break even again? You don't have to do it that way.
Speaker 2:So the better way to do it is identify these trends, and I would get out. I would truly get out of stocks, bonds right now because mutual funds, because what causes growth in the stock market? It's people spending money, right? It's job creation. It's lowering taxes.
Speaker 2:It's lowering interest rates to to decrease the cost of borrowing. What do we have right now? We have rising taxes, rising interest rates, rising inflation so people can't afford to spend. Right. And oh, by the way, there's no job creation.
Speaker 2:In fact, wages are coming down and they're paying people to stay home still. That's silly. So all of that's going to cause I'm just using logic. It has nothing to do with anything other than if you have a declining revenue, you're going to have declining stock prices. How do we know that the economy is in decline?
Speaker 2:Jeff Bezos said it. Right? He knows everything. He's not just teasing. But he did.
Speaker 2:He said, hey, everybody, guess what Amazon's doing right before the holiday season when most retailers make 80% of their revenue for the year? They're laying off 11,000 people.
Speaker 1:It's crazy, isn't it?
Speaker 2:What about Stripe? You know, that little, you know, credit card reader thing. When everybody's spending money during the holiday season, they're laying off 14% of their workforce. What about FedEx Freight? This is all news from this week, right?
Speaker 2:FedEx Freight furloughing. They didn't say the number of employees, but it's got to be pretty bad if it made national news because already three months ago, FedEx Express, the overnight delivery basically, I said, they're putting a hiring freeze on any new employees and they're shutting down 90 corporate offices, right? So if nobody's shipping, it's because nobody's buying.
Speaker 1:All the writing's
Speaker 2:on the
Speaker 1:wall right now.
Speaker 2:If Jeff Bezos is laying off 11,000 from what should be a blockbuster year for Amazon, right? Because gas prices are so expensive, Nobody's driving to malls to go get their stuff. They're just going to sit on their couch and buy stuff, It's not happening because people don't have money. So stock market in failure mode, bond market in failure mode because interest rates are going up. So that means the value of bonds comes down, which also means most insurance companies are about 90% allocated into bonds.
Speaker 2:That means if you have annuities, that's not good either. Right? So I would get out. I would truly get out. Don't worry about it's hard to make a blanket statement, right, because everybody's different.
Speaker 2:And this is why we want to have a free consultation with you to map it out. But I'm speaking in generalities, right? If something's coming down, get out. If something's going up, get in. Right?
Speaker 2:So so what's going up? Silver, gold, tangible assets. This is how you protect yourself in this kind of an environment is tangible assets that aren't debt based. Right. Because let's talk about real estate, right?
Speaker 2:You could buy real estate, but it's debt based. It's not going to go up in value because people have to finance it and interest rates are going through the roof and people's interest income is coming down, prices are going up. So so but but the Americans, Seth, have lost $1,500,000,000,000 in equity in their homes since May. Insane. That's a lot, right?
Speaker 2:But what I'm talking about tangible assets that are even better are ones that are not debt based, like gold and silver. In the past seven weeks, silver's up, even after today it had a little bit of a correction, it's up 22%, seven weeks. It's amazing.
Speaker 1:That's like on an annual basis, that's great.
Speaker 2:People would love a 20 plus percent of return on their investments in a year. How about seven weeks? Right? So this is just trends. Right?
Speaker 2:We're just analyzing the trends, looking at them. But you have to then ask one more question. What causes the trends? Because you don't want to get into something when it's peaked out. Right?
Speaker 2:Just because the trend looks good on a chart doesn't what if it's at the end of the chart? Well, what causes gold and silver to go up? Well, unsustainable debt. Check. We got that.
Speaker 2:Inflationary pressures. Yep, we've got that. Political instability. We've got that geopolitical conflict. We've got all of the things that cause gold and silver to go up are still intact, and I don't see them going away anytime soon.
Speaker 2:So the trend is going to continue on. What causes stocks and bonds to come down? Rising interest rates causes bonds to come down. People not spending money causes stocks and bonds to come down, causes real estate to come down too as interest rates rise. Well, good grief.
Speaker 2:What did Jerome Powell say last week? And when they raised rates three quarters of a point, he also said a very scary thing for investors. He said inflation is the worst thing facing America, so therefore we've got to kill it. We are going to keep raising rates until inflation is dead. Okay.
Speaker 2:Before the end of last year, they said they were going have eight to 10 rate increases. There's no longer a limit on it is what he just said, which means they could just keep raising them indefinitely. You know, he also said he realizes that raising rates like they have three quarters, three quarters, three quarters, three quarters for the last four months has been devastating to the economy. And they realize, oh my word, we're raising rates to slow down inflation. But has inflation slowed down?
Speaker 2:No. Hasn't done anything. So what they're doing isn't working because they're printing money like there's no tomorrow. Right? You can't print money like there's no tomorrow and then have your solution to raise rates to slow down the inflation you're creating.
Speaker 2:You have to stop printing money, but they're not gonna do that because the economy, if you don't have stimulus right now, would die. They know that. And so here's where it does get worse. Like what you said, it does get worse because they're not going to stop the printing of money. Inflation is going to persist.
Speaker 2:Jerome Powell said they're going to keep raising rates, but at a slower rate, instead of three quarters, maybe they'll do half. Maybe they'll do a quarter because if they keep raising rates at this rate, they do kill the economy overnight. So what are they going to do? Slow the rate, but have an indefinite period of raising them because they said they're going to keep raising it until inflation dies. Inflation's not going to die until they stop printing money.
Speaker 2:So this is the problem. Right?
Speaker 1:It's the death cycle.
Speaker 2:Is the death cycle. So this is why I say because I wanted to give a strong rationale as to why I'm saying get out of stocks and bonds, right? That's why. So those exact reasons that cause decline in those markets cause growth in gold and silver because we just went over the fundamental reasons that cause growth. So allocate into it.
Speaker 2:If you have IRAs, if you have old 403Bs or old 401Ks from a previous employer, you can roll those into an IRA. Allocate into physical silver. Right? I'm not talking about mutual funds, ETFs, mining shares, thousand ounce bars, hundred ounce bars, 10 ounce bars. The physical commodity itself.
Speaker 2:Right? If you have a brokerage account, you can buy gold or silver there, too. You take delivery of it home or store it at a depository. Easy enough. It's an easy process that my team helps you navigate through if you're so inclined to do so.
Speaker 2:All that I'm trying to say is paint the picture as to what worked in the past isn't going to work now. Your normalcy bias will kill your portfolio if you say, I've been able to ride out storms before, and you just put your head in the sand and think, oh, this will blow over in time, it'll go up. Some of us might not have an awful lot of time, right? This one is different, though. This one is different.
Speaker 2:It's not just a subprime lending collapse like we saw in 'nine. It's not just a tech stock bubble like we saw in February. It's an everything bubble, Seth. It's debt based, which impacts every single asset category that there is.
Speaker 1:Yeah. And I'll say is why, like, I always keep this little 10 ounce bar on my desk. Right? This little silver bar. Because it reminds me, it's like, this will never be worth zero.
Speaker 1:I can have a stack of hundred dollar bills. I could have a digital wallet. I could have a lot of things that, you know, could realistically bottom out and be worth next to zero. It's not gonna happen, especially with all these other nations backing their currency with precious metals. And I also wanna say too that, you know, for the folks that are watching, like, my as you probably see from watching Made in America, a big part of what I do is I try to think about what's coming and then try to advise people to my best understanding of how to protect yourself.
Speaker 1:You know, talk about gardening, talk about, you know, securing your food and water. And to me, precious metals is one of those things. And so and if you have someone that you know that you work with, great. Like, that's like, I would say, like, doesn't like, whether you work with Kirk or not, to me, it's not about that, actually. You know, Kirk, obviously, he's he's a great guy I trust, you know, Christian patriot.
Speaker 1:He's who I recommend my friends and family. And actually, I just talked to my mom earlier today. Like, mom, you gotta move your four zero one k over into silver. I gotta have you talk to Kirk. And and she watches the show.
Speaker 1:So she's like really right there in in terms of doing that. But this this is really about like, I I really feel like the storm is coming. Right? And and we have all these different arcs that we can build. And this is one of the arcs.
Speaker 1:It's like, don't get caught. Don't just say, it's just gonna be a heavy rain. It'll pass. Right? That's not where we are at in history.
Speaker 1:Like a significant flood is coming, and all of us have to, in ways that we can, do what we can to survive that and to get through it and to not get wiped out and not lose your entire house when the flood comes by, but actually be able to sustain and be able to take the actions now. And so I I thought that was just a caveat because, you know, you don't see me on here recommending Bitcoin or anything like that, because I don't believe in those things. But I genuinely believe in gold and silver. Someone comes to me and says, look, Seth. Like, I've got a friend of mine locally that owns a small coin shop.
Speaker 1:Should I keep buying from him? I say, yes. Keep buying from that person. But if you don't know someone that you can trust, because it's really like, I used to work in this industry. My previous life was, you know, in the in the Jewelry District in New York City, in the Diamond District of all places, and did a lot of precious metals trading.
Speaker 1:There's a lot of really, really corrupt people out there because it is unregulated. And so, you know, trust of who you're dealing with is everything. And so I bring Kirk on because he's a guy that I call if I wanna get more silver. And I feel like that, hey, for those of you that trust me, I feel comfortable saying I trust him. But again, it's it's to me, it's not just about one person.
Speaker 1:It's about the global climate. And I think that the window is really closing on this. Like, I I see all these indicators. And it's like there's like a big forest, and there's all this dry wood laying, and kids are playing with fireworks over there. There's someone smoking over there.
Speaker 1:It's like one spark. It's like all the conditions are there for this to happen, this this massive change. And when it happens, you don't want to be saying, gosh, I'm gonna go try to give up to silver and gold, and you find out that you can't anymore. And that's what this is about.
Speaker 2:It's 100% what it's about. So I'd rather be three months early than a day late.
Speaker 1:Yeah.
Speaker 2:Right? Because if you're late on this one, it might be too late. So follow the trends. It's really how you minimize your risk and maximize your return by being in the right place at the right time the majority of the time. And literally everybody's different.
Speaker 2:Everybody that I talk to has different goals. Some of them are income based, some of them are growth based, some of them are just complete protection of everything they've worked their whole life to accumulate. That should be your number one goal right now, quite honestly, forget about growth, just asset protection because you worked really hard for your money. Right. And you don't want some dumb government policy that you can't control to actually erode that.
Speaker 2:Right. So asset protection. But with the metals right now, you get asset protection plus growth. Kind of a rare time in history. Normally, if you want high growth, you have to settle for high risk.
Speaker 2:And if you want low risk, you get low growth, right? We've got the best of both worlds right now, low risk and high return. It's amazing. Take advantage of that trend, and we'll help you do that.
Speaker 1:Yeah. So folks, if you want to learn more, or even if you just want to call and talk to one of Kirk's advisors, set up an appointment, just just, you know, walk through the process, you know, what's your gut tell you? And the great thing is that they do small purchases as well. So even if you want say, look, I'll spend $1,000 with you to start, just to see how the process is before I want to move something bigger, that's fine. So you can go to goldwithseth.com, which is is this a redirect to their website.
Speaker 1:Or the with the phone number, what's the best phone number to call your team, Kirk?
Speaker 2:Seven two zero six zero five three nine zero zero.
Speaker 1:Okay. So one more time so folks can get their pens out.
Speaker 2:Yep. (720) 605-3900. And just say that Seth sent you over. Right? So we'll we'll know what the topic of the conversation was.
Speaker 1:Yeah. And the thing is just just ask ask some exploratory questions. I can tell you that Kirk's a good guy. He's a great team, And I feel confident working with him. So thank you so much, Kirk, for being here.
Speaker 1:It's funny because I always say, okay, Kirk, we're gonna do half an hour. We're going in an hour. But there's just there's too much to talk about. There's too much happening right now in this world to just compress it into like a quick conversation.
Speaker 2:Right. Yeah, it's tough. I mean, there's never a dull moment. There's never That's true. We can talk all day long about stuff.
Speaker 2:But the cool thing is we've got solutions, and that's what puts a smile on my face.
Speaker 1:Absolutely. And, folks, I'll make sure that I put the phone number in the website in the description below the video or the podcast if you're watching or listening. So alright, folks. Well, thank you for being here. Kirk, thanks for giving me your time.
Speaker 1:I know you're a busy man. It's always good to see you and have you on here. And I guess we'll see you next week for some more updates. So take care, and God bless.
Speaker 2:Sounds good. Bye bye.
Speaker 1:Bye bye.