Hello, everybody. This is Daniel with the Ballbusters radio show podcast, Roku TV channel and josh U TV channel. Today we're going to have Mark Gunzealous on from First National Bullion and he's going to talk about a great many things. But let me get him on here so I can introduce him to you. Hello, sir, Hey, how are you. Yeah, it's been a while, yeah never yeah, thank you, thank you, sir.
So, I don't know if I was telling you about that when we were talking about the the iye thing that happened with me when I was riding my bike. I'm thinking that's what happened. So I had one good day yesterday. Now I can't see you again. It's all blurry again. Running on instinct. Yeah, I mean I could see a little bit. It's not terrible, but I could. I know this, the blurter has coming back a lot more than I was yesterday. But I was also writing on a
computer all night, so I probably strained him again. So, sir, um, you know, I didn't know exactly what links to put in here for. Uh, you know you're you're saying, well, we'll take care of that. At the end of I'll add this to the to the description. Okay, but let's uh, you know, let's get started with what you do and how it benefits and you know the importance of it, and then you know, seft pitch it in and then we'll get into the nitty gritty stuff. Okay, yeah, yeah, no problem. My name is
Mark Gonzalez, UM ideal in the precious metal sector of finance. I've been doing that for kind of the greater part of about two and a half decades. I currently UM run business and work with the first National Bullion based out
of San Diego. We now have five stores, going to be building out a few more, and I just try to educate people on the benefits of what actual hard asset currency is going to do for them and how it's going to help them as it relates to monetary policy and the default of the fight system, more importantly, the US dollar. I met you with the red Pill XBO, where I go to every single event to meet client base speak and just try to just really try to spread the word. I only know
what I know. I think I know enough to be dangerous. I definitely don't know everything, but I think I got a very very good handle on how all this plays out and unfortunately that's just not a good scenario. If you do not have physical monetary backing to your portfolio in your wealth, that's it. Yeah, And as far as that goes, I mean, I think there might be. And this is what I gather just from listening to
other people talk about it. I think a lot of people think that they're going to somehow make money by hitting it just at the right moment in the market, and then all of a sudden it's gonna blow up and then they're gonna be rich and famous and all this other stuff. I think if you want to be like sensible about it, it's more about securing the assets that you do have in a format that's not going to be devalued, so you're
basically just holding steady. I mean you could go the other direction too, But should that be the objective and the outlook or should it just be what I do have? I'm going to make sure it stays, you know what I mean, Well, first and foremost, you need to make sure you keep what you have. People work their tailoff for their entire life to you know, gain well, try to get properties, try to do the right
thing, whether one hundred percent successful or not. You know, when you have an inflation rate that is being posted at you know, four or five percent, but the actual inflation rate if you look at John Williams with shadowstats dot com, um, you're going to find out that it's it's actually closer
to about seventeen. So you're not doing a good job. Gold and Silver at least keep you on par So money, money out ten years from now is still going to get the same goods and services, whereas your grocery bill if you've gone shopping, Man, I minds just through the roof. Man, you can't even get dinner for a couple of people to make it home for anything, left on about one hundred bucks. Now, it's it's it's
insane. I don't know how doing it. Yeah, you know, it's funny because when I had my store, I had my store in San Diego, the awesome Hot Sauce store in old town San Diego for seven years and then if I could just interject, by the way, thank you, thank you so much. So you know, I didn't really think too much about prices because we were doing so well. And then of course twenty twenty happened
and things changed. But so I guess maybe I wasn't really paying too much attention to it because, you know, with the store being go, you know, going all the time, people are buying all the time, money kept going into the PayPal. I could see that we were spending a lot, but I didn't really you know. And then in that time in twenty eighteen, I started buying a bunch of silver, and I tried to do
it so that I wasn't just getting the one ounce silver rounds. I tried to in smaller denominations too, because in crisis times you're not going to be making change, so you didn't want to overpay for things by having too big of an amount that you're given out, you know. So that's another thing too that I think a lot of people miss on. It's they're getting the
bars, they're getting these other things. They're not really trying to do it denominationally so that they don't have to fork out as much for the same amount of you know, return if they're doing a trade. Well, Daniel, you you nailed it perfectly. Actually, I'm a big, big fan of the fractional product. So little a little bit of education on how this industry works. I'm sorry, I mean adjust my computer. I can kind of see myself in the side, and it doesn't look like I'm all that squared
up. When I logged on, I thought I didn't know we were jumping right from the start. So all right, So when it comes to buying precious metals, everybody pays the spread. And I discussed this a lot, so we might as well talk about it. You have a spot price and then you have the price you pay and that will vary by product. So what the spot price is spot essentially is a cash market commodity market of unrefined
or unmanufactured products. So when they're talking about the spot market, they're they're talking about a cash market. Now today it's wire transfer or media payment. But you know, I think going to an auction and buying a cow, right, buying a buying a hog, buying a pig, buying a bushel of soy, buying a bushel a week, you're paying immediate price, cash price for the spot market of that product. But that product is not refined. So the cow is just a cow, is not beef, it's not
stay ground bird or something like that. Same thing. With the with metal, you're you're buying the cash market for the unrefined product, and then that product has to go through as similar nine process refiners do something to ad minced, do something with it, and then you have that end result of bullyant
be a gold, silver, platinum, palladium in various different denominations. And much like anythings out there today, you buy in bulk, you buy larger items in one chunk, you're going to get less costs that you pay. So if you buy five pounds of ground beef at the store, be it Kroger, being Rouse, be it um you know, Jimbos, anything like that, You're you're going to pay less per pound in that five pound package,
then you will the one pound same thing. You're going to pay less per pound or less per ounce for a hundred ounces versus a one ounce. It's all going to be based by the manufacturing. And and when you get the fractional stuff, Yeah, a lot of people get deterned because they say, oh, it's it's I'm being charged too much. Well, you're being charged based on the manufacturer and whether that product unit right right, yeah,
the unit. So when you're thinking fractional metal or even dimes or quarters or gram bull whether that product is new or not. It is sold on our end based upon acquisition costs to sell to you or replacement cost of what we have, all right, and that factors in the initial manufacturing price. So you don't get a break. If the products you know und and circulated, you're you're still paying based upon the manufacturing. Now, if it looks like
garbage, I'm going to give you a better deal. So when it goes in reverse and you're going below one ounce, that's that's like buying travel size, is what I like to explain. So if you go get three and a half ounces of shampoo, you're going to pay more per ounce if you look at the packaging than you will if you get something for sixty four ounces. Where it comes into play and to your point, and I'm a huge fan of this because I know a lot of people that would buy one hundred
ounced bars keylow gold ten ounce gold. That's a huge ass chunk. When you look at the huture valuations of where this market's going to go to absorb the defaulter bankruptcy of the dollar debt which prices the world, you've got too much in one chunk. So when you have a banking holiday, which I
think is coming. We can talk about that. Yes, you're not going to have access to your accounts, you're gonna have limited access to everything, and you're going to be able to survive on what the Central Bank pushes to you in CBDC. So when you have one hundred ounces far or even if you have one ounce, and let's say silver's one hundred dollars, and trust me, it'll go way, way way beyond that based upon historic map of
where prices rise to meet the default of a previous dominated empire. But if you have one hundred dollars silver ounce, be at an eagle or anything else, and you're using that to negotiate for goods and services with your neighbor, and say you're trying to get a couple of pro pain takes or whatever it is that you're trying to get. Right, you're trying to get a loaf of bread, doesn't matter. You're exchanging value of something for another. You're
you're creating a parallel market. And the price said for the goods you're getting is eighty bucks. Well, you just gave a hundred for eighty dollars. He's the person you're giving it to. He or you know whoever it is, guy or girl, they're not giving you twenty dollars back and silver they're not breaking that off. And at that point, silver and gold will be
so hard to come by that above a manufacturing spread. To acquire that product, that typical spread, you're going to have to pay some sort of bid to give it out of someone's hands because it's going to be scarce. And my estimation, based on what I've seen in this industry, being doing it as long as I can. When silver's at one hundred bucks approximately, you're
going to pay You could pay one fifty one eighty two hundred dollars. So you just gave up twenty dollars worth of tangible metal that will cost you thirty forty fifty dollars to reacquire. It's a losing battle, so you need to have something a little fractionalized, even though you're paying a higher cost to acquire. Now, it's going to say, if you're asking the future, it really will I hide and watch. Unfortunately it's it's I see that how it
plays out. Okay, So I have two questions that you know, when I was talking to my friend, my people, the people that follow me on telegram. These these came up in to direct messages to me, and it was there is there a difference? And should it matter if you go uncirculated versus circulated, because I know you pay a higher amount for something that's not seen air or touched air. Is that something that's even going to make a difference in the crisis type of market. I don't think so. Yeah,
I really don't think so. Um, you know, I mean, you can get uncirculated coins from government men. You can get them rounds. You can get uncirculated gold. It looks nicer, right, but gold's gold. Right. That's the lot going something back to me, and you're you're
selling a product it and it really just does not look good. I'm gonna give you the metal value plus whatever premium I generally would, and I made discount of slight bit just because I know for a fact, if I house that and I sell it to the next person that comes in in, you know, in all honesty, I wouldn't feel right if I charge them the full price, right, And it may not be much in silver rounds. It could be a discount of you know, twenty forty cents that you get
less versus what I'm going to charge less. So I personally don't think that matters. Where a lot of people think that's going to matter is just the perception of value due to some sort of new mismatic or just that it hasn't been touched or circulated. And I just don't see why anybody would pay more for that. You know, doesn't make sense to me. But I mean, to each their own. Some people have their belief systems and they just
no matter what you say, they're they're not gonna change their mind. But to me, doing this for as long as I have that matters nothing. At the end of the day, you have gold, you have silver, you have platinum, palladium denominated in whatever increment Graham ounces that you own. There's a set value to that. Okay. So now the other question, and I thought this was a good one because it's like a it's like a circular argument as sense, and it's kind of like a catch twenty two.
And that is why do people who are in the business of selling gold and silver accept FIAT for it? And why it would that be something that they would want to part with real tangible, you know, money to receive the FIA in return Okay, so you broke up a little bit at the end. So why sell your precious metals for fiat? Yeah? Why why would Why would that be a value devaluing asset that at one point? Yeah, like as a company, why would why would why would anybody even sell if
they already have it? Why would they hold onto it and invested in something or or however way that would work lays selling it? Why would first natural Buoyding sell their holdings? Yeah? Yes, for what would be paper money? Basically, you know, well, because the system still based on paper money. We're a business. Income has to be earned. I mean that right, I mean, you know, when I get paid and therefore have to pay my obligations to live. Well, the world is accepting the denomination
in the US here in San Diego of US dollar. They're not accepting gold and silver. So to live I would have to sell either personal holdings or the company would have to sell the personal hoilings to someone coming in to buy the product. Makes that spread we sell it to you slightly above our cost of acquisition, We're going to buy it back slightly below our cost to sell it back into the market, and the difference it's called a spread. That's
called your margin. That's how you know you're profitable. That's just the way the world works. I mean I hear that question a lot. But logically, I mean, yeah, I could see the point. Why the hell would you and I I got bills to pay right? And would that change? Is there a condition in the in the market that you see coming that would change to where people who are supplying gold and silver would stop because of what's happening with you know, the value of the dollar, the digital currency.
Would there ever be a time where they wouldn't want that anymore, something like I don't know, tangible realty or something like that, and return for it something that would be of substance. Okay, so now we're talking about parallel markets. Could that happen? I mean, that's going to be a case by case basis on what anybody's personal perception is going to be, or how they want to run a business or how they want to thrive and survive.
When the market gets in a super shortage, are there going to be dealers out there that may hold onto inventory knowing that they could get more in the future market. Yeah, sure, I mean people do that all the time. They hold back inventory knowing that the value is going to go up and that they're going to do it. That happened in the Great Depression.
Certain commodities are not circulated because the farmers, and you can even look back into the widermer Germany event, the agricultural market and the food market, the raw materials were held in silos, they were held on farms. They weren't pushed out there because they knew if they held onto it for another couple of days or a month, that they're going to get a higher valuation. I guess the assumption is the same thing could be happening to precious metals. But
parallel markets do exist, and that's what you're talking about. That's going to be a case by case basis. I cannot say what I see that happening. I can only say in regards to what I feel the company first national bullying is going to do or what I would personally do. And yes, in the future, I win this monetary change to go to CBDC banking holiday and markets collapse where two hundred ounces of silver is going to buy a single
family house, and I do think that's coming. Well, Um, yeah, at that point in time, if if you have something willing to sell an item for and willing to accept what you're giving for said items. Absolutely that that's gonna happen as a business model. It's it's it's kind of hard to speculate on that. I personally don't think first National Bulleting will get to the point of that, um, because not everybody. We want to serve everybody, and not everybody's gonna, you know, have that house or it's
that item. But we do, you know, we do accept crypto, you know, so if you want to, we'll take crypto and in ship your metal. And the last question was collectors commemorative coins versus just buying rounds. What's your take on that? Where do you think they Again, and in a situation like now, you might be able to find collectors, no problem. Down the road, maybe collectors aren't going to really care whether or not it's a rare coin. Rather and it's simar about the way, yep,
yep, that's exactly it. Um, No one's gonna care. No one gives a dame in my opinion, So I'm not a big fan of the collector market. I'm not even a huge fan of the US silver eagle market. Because for every three silver egals that you buy, you could get essentially four rounds, So you got to do the math to see how much
more value you have. Um On a side note, since I brought up silver eagles, the only only reason I would see someone buying us minted gold or silver egals primarily silver regals because the spread percentage wise is much higher than a gold eagle versus a one ounce gen bar, is that you've got a lot of movement in various states making gold and silver legal tender where you can actually settle your tax obligation with the state. Pay Parking finds things like that
in a gold form of us men being that it's a treasury coin. So if you look at history physical gold coins the British pound, a small handful of those would buy the swankiest flat and the nicest part of town in the collapse. Same thing in Germany. But we're relating this to when actual gold
and silver was circulated as money. So my speculation is if you were to buy those, there could be a shot where those items could be used to settle title at say real estate, and anes girl like they would accept it as money good, whereas a hundred ounced bar or around would generally probably have to be sold back into the marketplace as someone like us or anybody like us to go into the central bank digital fashion to settle that product, because you're
going to have to have title to clear the land that you're trying to buy. Unfortunately, government's always involved. To the further note of someone paying a premium to get let's say a graded MS sixty five various date whatever low mintage date of a twenty dollar gold piece SAT goadn or liberty, to pay an exorbitant premium based on what some valuation by a pneumatist is, you're not always going to get that back. I think it's wasted money. Not to say
that some old coins, because not everything old is rare. They not have just astronomical value in the future. Once all money and bank notes are removed, then maybe some of that old stuff that was used as money as super high collect I don't know. But you make your money when you buy something, not necessarily when you sell something. A lot of people sell that and say that, and people need to know, so buy low, sell high. It's as simple as that. Get as many ounces as you possibly can.
Now when markets fall apart, and you say you have ultra wealthy people are an individual that's been stocking let's say graded or numismatic rarity coins, that market collapses along with it, right, and what you as you said, you're left with that bullion that bullion weight. Kind of like any high end market in auction houses over times. It could be wine, it could be artwork, it could be collectible cars. Right, if ten people own collectible
portions and everybody goes broke the same way if they're not positioned appropriately. And this what's common is set to entirely wipe you out. If you're not position correctly. You sell what you have to. You don't sell necessarily what you want to. So if you have, you know, ten high end cars out there at five hundred thousand dollars apiece, and three or four of those
individuals go broke and they have to fire or sell those things. You know, the first one could go at four hundred thousand, next one goes at three hundred thousand, third one goes at two hundred and fifty. So you go from five hundred to two hundred and fifty thousand, even though you think you have a five hundred thousand dollar car. You got to find a buyer, right, And that's the problem. And when people go broke, they
just look for value. I mean, their sensibility comes to play. Then it's it's you know, they don't think about it going into at least not everybody. They get it kind of wrong, and they put money into those markets again to each of their own. I don't necessarily recommend it. I can do it again. I know enough to be dangerous to satisfy that if someone wanted to find I've bird dog coins before, I know, you know.
But my recommendation is to be value. How many ounces do you have multiplied by where the price is going, and there's math to where it could easily go. Decide for yourself. And then you want various increments one hundred ouns bars a couple of those going to buy a house, right, the dimes and quarters from nineteen sixty four, the Graham gold the gold backs, which I'm a huge fan of. That's going to get you through the hard times. That quarter is going to be a fifty dollars bill, maybe even
more. Yeah. I think Liz Lyndon Johnson wasn't it in nineteen sixty five who changed the coinage forever with a statement something like we don't have any attention of ever turning back on this, yeah, telling the medals. Yeah, and well that's that's because it just became too expensive. And we're there now even with the base metals. It's been a long time since I thought about this, but yeah, what does it cost over two cents to make a penny? It cost over ten cents to make a nickel. Right in sixty
four, it was costing over twenty five cents to make the quarters. So they took it out and then they reduced in the half dollars from sixty five to sixty nine. They reduced it from ninety percent silver to forty percent, and then they had some commemorative you know, eight dollars and and things like that, which we just buy on weight. We don't we don't buy them on any again, collectible value. But that's a that's a clear sign.
Right When governments, even back in sixty four, start removing the product from the actual weighted monetary value from their coinage, you know they're on the decline. The Roman Empire did that. They had a pure silver coin of ninety nine percent silver, and they devalued it all the way below fifty. Well, right, so they're falling apart, and now not even with gold and
silver and our monetary base. Now you're just looking at the base metals and in some of our minted coins, it's it's cost costing twice the face value of what that coin is actually worth in spendable use. When you go to the store, you spend a penny, you get a penny, but it's costing over two cents to make. So we're going in reverse. And the US dollar is a utility marker to extract value for global training debt. It is done, and it's going to, in my opinion, be revalued,
repriced um and I believe that happens very very soon, very soon. Okay, So I know you have a lot of knowledge on a lot of the the collapse that's happening. So what does your take on bricks and how that affects everything, And you know, the petro dollar and this hold, this whole push. I mean, I think even India had already almost overnight, they had pulled money from I don't know if it was the entire country, but they they had reverted to digital and basically made everything worthless in a link
of an eye. So I mean, where are we headed, how fast is it heading that way? And what do you see coming in the in the short end and the long term. What are the actual elements there that we need to be cognizant of. Well, the writings on the wall and it's it's just whether you're willing to look at it for what it is and not listen to the speak of of what, let's say, a Jerome pallor
politicians say because they lie all the time. First of all, we'll start by saying this, I do not believe, in my opinion, that there is a right or a left on a political party. I do not believe there's an East and West on a global dominant scale. I believe the world is incorporated, and you have the government incorporation, and you have the banking incorporation, and the world has rulers and it has for a very very long time. So you got to look at history on how they play this out
and not listen to the BS speak that's going on. So I'll kind of give you a scenario of how I think this plays out in terms that I find most people can digestum. So, the world is one big corporation. Right, you got DC, you got London, you got government. You know they're they're incorporated, right, States, cities, they're all incorporated.
It's it's a business and that's funded by the business model of the banking system, primarily dominated by the Bank of England and the Rothchilds and has been for centuries. And if you look at the world as one big corporation and each country is a division of that corporation, you could have research and development, you could have whatever it is, right, m business is not doing all that great because the marker of valuation and accounting for accountability is failing all right,
And an accounting you have plus you have minus. That's that's really it. Um You can massage numbers to get any alcohok you want through hydemics and what you decide to admit or allow, but it's simple math plus an accounting. The corporation of the world is not doing very well. So the world business has to go through some sort of consolidation and restructuring, which we're seeing with the move from the supposed west to the east. We have to go
through a scenario of mass layoffs. And I'll leave that to people's imagination of what that actually means and what I'm saying. Yeah, I think I know what you mean there. Yeah, and then you need to have some sort of AI or digital structure implemented for better servicing and the old business model, right, think SVB Bank, they had ninety some billion dollars worth of bonds. They're good bonds. They had way more than that. The rest was crap. But this is the semi good stuff. It was bought for I
think thirty one thirty two cents on the dollars. So when companies go out of business, they're generally bought out for pennies on the dollars. So the old business model is going out of business and we're restructured a new one. So the dollar debt with dominates the business model. Right, debt makes currency.
Debt is currency mindcy of interest is zode your viewers. I'm sure know that that is going to get bought out by the new digital model, and it could be as low as one to five cents for every dollar, right, and that discharges the debt. It's just a currency of reevaluation. And then we move on to what's next where the bricks comes in. I don't
believe the Bricks will be a dominant world reserve. I will. I do believe that they will be a reserve in general, and I believe it's going to be a commodity based, not backed money, but commodity based based on what a country's involvement has in natural resources or what it brings to the table. Puts it on a tier compared to its partners on where they stand in that pecking order, what people really need to be aware of, and most
people, I'm assuming your listeners already are. If not, I'll say it just with the applications of Bricks membership in the last year and now Frances wanting to be really pushing to be a part of it. It doesn't end here, but just where it stands right now. If Bricks, all these applications were to go through the GDP or measure again of the business profit or revenue of the Bricks nations would exceed the US dominant marker for world business. It
would exceed our current GDP. I think like forty or fifty percent. I mean, it's it's an astro clinical number. If all these people get involved, the population control of those that are in this world, within these regions would exceed fifty percent of global population. And the resources, the things you need to make durables, the oil, the refinements, the ores, the metals, natural gas would exceed sixty percent of all that's available on the planet.
That is a huge reality, right. So are we going to the east? Yes? Is that a political move? I don't think so. Is it a business decision by the government incorporated entities? Hell? Yes, And it's allowed to happen. And what should drive it home for people to realize that is real? Like me, because I talked to a lot of people. I talked to a guy two days ago. He was saying, the stickiness of the dollar, there's always going to be demand for it.
Now there's not because it's going to get revalued and you moved to something else. So this is allowed to happen because you have not only Iraq, Iran and Saudi Arabia within the last year all mentioned openly that they would like to circumit the dollar or just we're gonna sell oil. We want to start selling
oil in something out of dollars. We may make bilateral trade. And keep in mind the petrol dollar, as you mentioned, to talk about that, the petro dollar was initiated I believe in seventy seventy five, coming off the exchange of gold, simply because you had to have a demand to circulate that Ponzi scheme. Again, a dollar borrowed creates a dollar of utility, but the thirty cents and interest is never made, but it's owed. So the
world goes more than it has the ability to pay. You must continuously roll that over. How do you do that in a bond market where grandmas are buying less treasury bills to give to their kids in the stocking It usually that ends up going into them taking your natural resources and can controlling it as a as a payment back la default exactly. And you have these three countries, and these aren't the only three, and there's been other things. Arguchinas is
circumitting the dollar, Brazil. I mean, there's so many countries that are circumitting the dollar on certain levels, with the bricks and the Chinese. You want, so back to the point, you have these three countries that say, hey, by the way, were we just want to get something different for dollar? They talked about it crickets, then they actually went and did
it. Nothing happened all right, remember Kaddafi, Yeah he was. He just a little too soon, I mean, because still had that perceived utility. It was not exhausted yet. But when he mentions it for reasons of different perspective, what do we do. We bomb the hell out of the country. Yeah, So this is allowed to happen. Everything else's kabuki theater.
It is allowed to happen. The dollar has run its role due to expansion of the currency system, to create more debt, to create more currency, to push market evaluations up, give people the illusion that they feel well are they're wealthy, and then something happens to that fluency. Something happens to
the rate of repayment which goes up or the fluency of it. And when that happens in conjunction, you can't put your hands on new liquidity to satisfy the old liquid When you're constantly barn Peter to pay Paul in a liquid market, and that happens about every seven to ten years, then you get a change in that which forces the defaults to happen. Defaults lower a monetary base, give the country of dominance a little cleaner or cushion on their balance sheet.
They live to fight another day. The assets that individuals or businesses borrow against to perform living, drive their cars, operate businesses, those get reclaimed by the financiers, so they take your wealth from you. The interest is still owed even though it's never made, and through the extraction process they've made people broke independent on this liquidity system. There's so many people that you know, even if they know what's coming, they're just not doing all the right
things. They're they're living off credit cards, are taking lavish trips, and they really should be buckling down and getting out of debt and acquiring the assets that are going to carrying them through. Then you come to the end of the expansion where a currency like the dollar has run its course and it no longer has any utility or vitility because it cannot even afford the interest on its
debt. And then you get countries like Iran, Iraq and Saudi Arabia saying, hey, by the way, we're thinking of something other than dollar. Nothing happens. By the way we're doing it, nothing happens. It's allowed to happen. Now, I when this goes down, and I know I'm kind of all over in the place, but I can I interject something real quick and just ask you this? So are you talking about what you want
to talk about it? Do you think that the the you know, halting of the oil pipelines and stuff like that, is an indication that we don't own our natural resources anymore? Do you think that's I mean, we defaulted in nineteen thirty three, didn't we go to bankruptcy then? So basically we don't have sovereignty anymore. If you're in bankruptcy, somebody else owns you.
You're you're something, they're You're a benefactor now. And I mean, would it take twenty years from nineteen thirteen to nineteen thirty three for them to completely destroy the country to expansion and contraction cycle? First depression in twenty one barrier we talked about, and then uh in twenty twenty nine, and then the government squeeze the market agriculturally and drop rces zero. What they didn't ease because
they had to create as much pain to go from one structure another. As regards to the flow of natural resources, do I think we own them? I don't know. I doubt it, right, I mean, what's happening in Canada with China and basically they Yeah, that's the oldest play in the book. I mean, um and that and actually, uh, the IMAP over in the Europe and IMF being kind of a lender of last resorts UM
with the World Bank like the Federal Reserve to the US. When the IMF gives loan to the world, they'll work in agreements where if the loan is not paid, they they get your electoral get grid, they get your water
source, they get your resources. So yeah, that's the case. And then if you look UM, which I won't talk too much about because I'm not a huge expert in it, but if you look at the structure with the WHO backed by the UN of what they can do in the next fear of God scenario, which I believe is going to be engineered for sure, why wouldn't they take advantage of that UM that superseds any sovereign government or constitution
and gives them claim to all resources as well. So yeah, you again, you own nothing and you're happy because because if you speak about it, you lose your credits. That's why you have to be happy at least appear to be happy. Yeah, or play along, right, play long? Um, I believe this was the the IMF in twenty fourteen that loaned something like something small by by these standards today, but six billion dollars to Ukraine. But they split, They cut their pensions by fifty percent, they jacked
their utilities like like eighty percent. And that's the condition they left the man just because a couple of Ukrainians got together and said, hey, you know, we kind of like what Putin's got going on. We want we would rather be united with Russia. And then then everybody moved in and just cause havoc for them, including NATO. Yeah, and you can see something similar happening here when this banking holiday happens. And I do believe a banking holiday
is going to happen. Does that mean they just close when you say holiday, I'm sorry, what when you say banking holiday that that term is that? I mean they just closed and they should they locked their doors or what? Oh? Yeah. In my opinion, I think at some point, all exchanges and everything's just going to halt. Um nasdack doubt you know, Russell, uh, money markets, banking, I think it's all it's all going to come to a halt at some point. Um for our better good
to have it figured out what went wrong? Because global debt is currently at over one point five quadrillion dollars with two percent observes being generous, someone has to be the pipe or if we're going to this business buy out or structure of one structure to another. As I mentioned, Yeah, the heavy lifting is a good old fashioned market collapse. But there's not enough assets to sell
into a marketplace and generate capital to pay back promises. Um, so everybody's gonna everybody's gonna get screwed, and they'll shut it down for our better good in my opinion, as everything's for our better good, and I think that's which a digital currency is really going to be enforced. And when this happens, I don't know. I I it'll happen when those that control the system are on the right side of the trade and they're in they're generally for the
most part, out of risk. So, um, they're not going to get us hurt. Then they'll let it happen. They'll shut it down. If you still want to get gas or go to the grocery store, Hey, download a fed now app. Yeah. The biosecurity element of it is what makes it absolutely terrifying. I mean it's if that's if that's linked to how much credits you have, you know, how much you're allowed, and the fact that they can just turn you off if they don't like what you're
doing. God forbid you drive a car too much or even you know, be still maintain mobility. I mean that could be a crime in and of itself too. You know, it's it's very it's very very uh not just despotic, but I mean this is communism on a whole different level. If it happens the way it appears that it's going to happen now, I I would agree it's it's um, it's terrifying. Yeah, it is absolutely terrifying. And I know people that say, you know, I'll never be a
part of it. I don't know how you're not gonna. And I had a claim, I had a claim that I had a good conversation with about a month ago on this. And he's very well off, lots of acreage, lots of everything. I mean, he could he could live for quite a long time, probably longer than he has enough resources to probably outlive him. But not everybody does that. Right, I'm forty nine years old,
like I think I'll live for a while. Um, how do you put enough resources together to live outside of that system, let's say, like a hermit forever till the day you die. At some point I think you have to reintroduce yourself or or get involved in it. Yeah, it's it's it's scary, the thing they're talking about with the surveillance. There's a video I
watched by a guy I believe our Urman Jabi. He blew a whistle working for UM surveillance in phones and cameras at Silicon Valley, and he did a really really well good put together video that extends about every so often whenever he's interviewed, he adds about another eight to ten minutes to it, and his claim was, um, and I have nothing to back this up other than his claim, but I will mention it that he mentions that the US has
more surveillance capability than China and UK combined. It's just a matter of flicking the switch. Yeah, that that should scared the hell out of everybody. Um, it really should. So more to the point on what metal right, because that's kind of what I'm here to talk about. What looking for
you? If you don't have it, you're in trouble. You are in trouble if you look at what you mentioned how deep this can go with surveillance of what you're allowed and not allowed to do with a digital currency that will be used at one place and not another and have an expiration date. And you know, if you have a million dollars, well, who needs a million dollars? We'll tell you what, give it to us, and we'll dole it out to you as we need to. You're talking total control.
And if you don't have something of value to keep yourself buffered from that system, or at the very least that rises in value to match a default of a dominant yield. And this goes all the way back to the Roman Empire. Guys, you're not going to be able to pick up on those deals with land and real estate. You still got to try, right, This is like two thousand and eight on Crack. It's the Great Depression on Crack.
It sucks that it's going to a digital fashion. I've been waiting for this for a very long time, and the digital system is not something I saw coming twenty years ago. It really did. It's it's a wrench in my plan. But if you don't have something to work with your dead you are absolutely dead in the water. I think that's literal and physics and figurative. I would imagine, yeah, yeah, yeah. If you get ten twenty five cents on every dollar and a revaluation, and you think you're wealthy,
then you don't have enough to work together to buy anything. And if you have a family or you have needs of your own, what are you gonna do. I mean, that's the reality of it, um, But more to that point, um, And I'll tell you this if you don't mind, you seem like you were going to ask me another question. Actually I'll stop. Well, I would just I would just when when you had brought up the guy having a lot of fun land and stuff like that,
and he's got a great day, cridget all this stuff. A lot of these people who have these plans of you know, growing their own food and doing it, I just keep you know, was circling. Not to make that funny, I'll go back to that statement. But the Bolsheviks, without any technology, we're able to find every tiny little farmer out in the middle of nowhere and execute them. And they did it so well that we had to actually send them aid because they were starving to death, because they killed
all the farmers. Anybody who is at any independence whatsoever, they either killed them or raped him and put him into camp, or sent them off to Siberia or in the Ukraine, just starved him all to death. I mean, there's I don't see how with drones and all the technology that they have here, you're gonna be hiding in a place where you can still get sunlight to grow your crops and think that everything's gonna be okay in this isolated area
that's apparently nobody can see from above. You know, it's like, where does this place exist? You know that you're going to be okay and everybody else you're just gonna let anybody else, you know, hang off to the wind, you know. And that's the scary thing about it. You're absolutely right. And I thought about that too, especially with the by laws being changed by imminent donain being able to take property due to its inability to be
lived on um the blms all over that. Yeah, So it's it's you're you're absolutely right, and it's it it sucks, it's it's it's terrifying. I try not to think about that. So much because you don't want to get paralyzed, right, Um, you gotta go on the historic measure and do the right thing for yourself for your family based on history and then based on your personal level of of how things are going to work. Now we're at a very different historic point in time. Um, so you're very right.
I mean san Diego. Am I going to be here forever? Now? Absolutely not? Am I going to be in California? Hell no, Um, san Diego. But Man SDG and Nique kicked our butts. Oh my god, they've come down a little bit um or at least my my bill has. But yeah, there was there was a point in time where my bill was near five hundred bucks. It was just seven because we had like a house that had, like, you know, not as good eventually whatever. So yeah, it was easily seven a month. It's yeah,
it's ridiculous. I don't I don't know how people do it. And these are obligations that they can control you. And want to know how you can get control of don't pay your seg need bill for three months and then turn it off and then your demand to pay all before you get it turned on. How are you going to survive. You wonder why people go homeless. But more to the point, you know, where do you go? I don't know. I mean I did various places here in the US. I've
looked at places out of the country. But eventually the plan is to have this globalization structure of nowhere to hide. How fast does it happen, I don't know. I believe other countries will be allowed a little bit longer a time. I like what El Salvador is doing with the crime and what they're doing with the bitcoin being accepted. I've got a friend in a client down
there right now, get it as a residency. I've got a business partner that I'm going to take a trip down there sometime in the fall to kind of check it out. I'm a Mexican resident. I got my Mexican resident get in. Yeah. I did work for citizenship as well. So I'm doing what i can to try to bother right and just you can't live in fear. That's the biggest thing I want to express to anybody listening, because there's a lot of stuff where it's like it's overwhelming and it can really get
to you. That's the pot I'm at every every day having a daughter, you know, yeah, how old your daughter c six six? Yeah, that's a that's a one of the age. My kids are twenty two and one gonna be twenty one, so I'm past that point. Um, But there's still obligations. I mean, it's it's not like when I was twenty I was starting a company, you know. I mean, you can still do that, but it's a little harder nowadays for people. So parents are
always going to have an obligation. Plus you love them, You're there no matter what. But I just don't want to be like the guy who dies in the blaze of glory and then it's oh, that was a good five minutes and I got seven bullets out, you know what I mean. And then yeah, and then what what does your family do? Now? You know, you're you're a piece of meat now, you know? Yeah, no exactly. I mean if they push comes to show and it comes to that, and that's your only option, yeah, I mean, it's your
only option by all means. You know, if someone ever comes knock him meaning something, and the alternative is well, you're dead anyway. So I mean you got to do something. You gotta do what's right for your family. But I don't think people should live so much constantly in fear because human ingeneerity and the spirit of humanity is huge, it really is. And the more tyranny and the more structural confinements that we're being faced with, the more
people fortunately are waking up. And the benefit to all this and I'm not saying this is going to happen, because I don't know if it's going to happen in unacy, but the benefit to everything that's going on is if there's mass non compliance, it's done. Yeah, it's over. The only thing gives a power is the compliant complicity of it. So you know, try to be non compliant as best as you can and um to a limit that's good for you and your family. And if that all happens in unity,
that is over. So it's just it's it's hard to see where that's going to happen on a global scale to make it stop immediately. But I'm hopeful. You know, you just gotta you gotta prepare, you know, and above all, outside of you know, the relationships you have that are going to carry you through. Right the person you know that has chickens and you can get a person you know that has the propane, the deep freezers, the generators that you know that the team, our tribe that you know.
And fortunately, through travels um like red Pill and other things I've done, and just traveling in general, I feel very blessed that I've been able to surround people in my life that that have those type of resources that I could count on and they would count on me. Um So I do have options. So that's first and foremost is you just need to be prepared to carry
yourself through. But above all, the currency model is going to get revolved, are revalued, and if you have utility in a marker of what has perceived value, which really is dogshit and that's the US dollar, better start getting a move on if you haven't already, and if you do, go even deeper and get those supplies taken care of, and above all, get monetary metal. At the end of this, there's going to be a link below and call me up. I'll talk to you personally. I can ship
domestically, I can get metal internationally. We have storage in San Diego, we have storage in New York, we have storage in Massachusetts. I'm working on a deal in the Cayman islands. So we have options and get tangible physical metal because everybody's going to be scrambling for this, and that valuation is going to go higher. Given you at least some options. It almost sounds like you're telling me from earlier that the real estate thing might actually be a
bunk idea too, because of you know, whatever they just passed. They can strip it from you no matter what if they feel like it. Repurpose the tangible asset here wouldn't just be the real you need the precious metals. You need the precious metals. But at least that gives you options. So here's how this, here's how this works throughout history of a revaluation. And I'll tell you're really where the price of metals I believe can go on a
low end. So I mentioned that precious metals gold and silver, for one, it's God's money. If it's all the markers of money. You can take metal. You can bury it in the ground, dig it up one hundred years from now and it's still there. You can refine it to jewelry. You can write and refine it to any purity, any denominal size of circulated value. Can put it to a gram. You can put it to
one hundred ouncespar doesn't matter, but it's it's it's God's money. But you can only extract it or increase a monetary base based on metal as fast as you can get it out of the ground, whether you're you know, Roman Times, where you're doing it through pick acts and actual backbreaking labor, or you have to extract the oil and the gas to power the machines and pay the wages to have a big tractor extract or out the same way. There's
a cost involved based upon the extraction. But in the let's say the Roman Times, Romans downfall is they took the silver sidinceory coin. They took it from roughly pure silver through one marker one unit down to below fifty dust devalue in it. So when you go to the store and where it usually we'd cost one, now we'd cost you know, two to three because the monetary basis devalued. They did this because they couldn't extract it out of the ground
fast enough to increase the monetary base. But you got the bread and circus, get everybody liquored up, feed them food, let them watch some gladiator show ufcay. Yeah, that's right. That's the only thing that was allowed to stay open throughout the whole lot things. They are still finding venues the whole time, and there's purpose for all this stuff. The other way, why, you know, because days go quick, they really do. You
know. Last week was last week, last month, last year, And it all happens very fast, and it seems like it's speeding up, especially the older you get. But they would devalue these coins to where eventually it would take a certain amount of the devalued coins to equal the value of the
previous pure That's what I mean. And when you go from one dominant currency, and this happened in thirty three, they reclaimed I don't believe they confiscated the pre thirty three gold because it was treasury property, right, treasury, you can't own something that technically isn't yours. They let it circulate as money, so they wanted to back they paid you. The scam is they raised it to thirty five bucks, thus devaluing the dollar by seventy five percent.
Then the Federal Reserve put marker or credit to the member banks right to where that five dollar gold backing equaled roughly forty percent of our monetary base even though we didn't have a gold backing. They went back on a restructured gold standard essentially for themselves, not circulated, interschangeable nationally, and that screwed us. Then you look at seventy one. If you look at seventy one, where the price of gold went to nineteen seventy nine nineteen eighty, the price of
gold rose organically where it could back a portion of our monetary base. And three at the time, which is not reported, and two was underreported. So there's a certain math of this. So Isaac Newton, a lot of people know who he was, not many people know that he was the headmaster for the Royal Men back in the early seventeen hundreds. He was a lot of things, but he was also the headmaster, and he came up the
structure of forty percent gold backing versus a monetary base for circulation. He had an exchange of silver to gold on a ratio, but silver was it was in the favor, it had a higher exchange, so silver didn't get circulated
as much as gold. So they can then and they just went to the gold back into forty percent, and that's when we had twenty dollar gold pieces right turn of the century here up to nineteen thirty three, the ten twenty, the ten to five, even the smaller denominations one big and small, that was set to roughly the forty percent back into our monetary base for circulation. So gold and silver rise naturally organically back to those levels, and it
happened. It happened in nineteen eighty, it happens systematically in thirty three, and I believe it's going to happen again. That is why central banks are buying and governments are buying as much gold and silver because it rises to cush in that default they have the assets, you're not protected, you get revalued in the bank. Holiday you're screwed. They went and then more control, more control, more control. So it's it's it's a playbook that goes back,
you know, hundreds and hundreds and thousands of years. So if you were to look at where gold and silver I believe it's going to go. If you were to look at our monetary base into which is the broadest measure, and I know M two's declining slightly, so I kind of redid the numbers again today to do this. I revisited it every now and then.
But here's your general rule. Take into which is a redacted number meaning underreported, and the reason it's underreported because about two years ago, if you were to look at the month or a month adjustment to HIM two, you would see extraculating it out to an annual basis. That too, monetary base was growing greatly access to what the stated inflation was. So you can't have a
astronomically higher growing monetary base than you have stated inflation. That's also the same reason they got rid of HIM three, which still exists, just not reported in two thousand and five, because it was growing at a clip extraculated annually in about ten percent. When we're saying inflation is three, right, those numbers don't actually whenever something's inconvenient ship or under report him. Right. Anybody
thinks inflations for five percent is not paying attention where they're shopping. It's much higher. So we know that. So looking at a reduced M two, you got about twenty Just just for the audience, when you're saying M three, M two could just explain what that means. Okay, So h M one in two M three those were our measures of money in different in kore and its MUND would be essential BFED balance sheet M and M two would have been the balance sheet. It would have include it M one. Each one
included the previous and just grew. M two would include the d M one and still does, but then it would go on to include the public sector bank deposits so Chase, Union bank credit Unions, UM, CDs, UH money markets, the monetary play there as well as the cash circulated as the Treasury says is still circulating UM. And then M three, which is no longer reported as of two thousand and five, It would have included one and two, but it then would have gone on to include eurodollars, which isn't
euros, right, or euro dollars, it's it's US dollars physically held overseas or reserve for a global structure. They got rid of that because that monetary base was growing way, way higher than inflation, and as of a couple of years ago, they changed how they structure the M two, So it's a redacted number. But these are the numbers we go on, all right, and economists look at them. So based on M two, which is about twenty point six trillion, right, if you take forty percent of that
you've you've got a little over eight trillion. If you take our gold ounces that we have and you've simply just factor in, do a little bit of math, you're going to find out out what does each ounce need to be valued at to cover forty percent of our monetary base? Right, that's that's like thirty one hundred dollars or I'm excused me, thirty one thousand dollars.
Right, So for gold to do what it's done hysterically, should go to thirty thirty one thousand dollars on a redacted number with a under or non existent reported still exists but nonreported. In three and then global debt levered up many many, many, many many times over with a dollar base supporting global trade of reserves. With the dollar about review at revalued, that global debt is
an excess of excess of one point five quadrillion. There's a thousand, a thousand trillion in a quadrillion and it has roughly two percent of reserves being generous, and it's abouty to go poof. Right, So this is the stilp that people need to realize. Now we're silver. I think silver has the better play um and he does you think silver does? I do, just because it's it's um one, It's it's historically been circulated more as a monetary
metal. Gold has been kind of the state or government coin in Roman Empire. You'd have to exchange your silver at a ever increasing devalued basis, and it's kind of like a class system exactly. But now we're talking supplying demands.
So silver is industrial. So coming out of World War Two, when we had kind of the tech expansion think Texas instruments and the like, and the electro or manufacturing properties of silver were found, we started hoarding our silver out for a cheap buck, you know, for profit for industry, and there just wasn't enough cost to extraction. So that stuff's gone. It's in
landfills. Will businesses start emerging to extract silver out of electrical items in the future, probably, but the pricess to warrant anything for it to do, so there's there's a cost to do anything, and if you lose money, it just doesn't get done. When it's profitable, it will happen. So
I think that happens at some point. But the monetary base for silver is drastically smaller than that of gold, even though it used to be historically way way more so, that's that's unofficially suppressed by the by the it is,
it is artificially suppressed. But I do believe that that comes to an end at some point or gets reduced at some point, because again, the people that control the monetary system of the world, they know the value of the actual product itself rises to match a default or extinguish the bankruptcy of the currency that that prices the world, So at some point they let that rise.
And I do believe that a lot of these uncovered positions are being sold in both gold and silver, primarily gold because Basil three made gold money again, but only gold money, not the derivatives, right, Derivatives on a balance sheet no longer care any weight of marker of monetary value. It's only the ounce of gold is self. So you have to get rid of those derivatives
to buy the ounce of gold to actually perform on your balance sheet. So when these institutions are on the right side of the trade, and then again they're no longer in harm's way, right, they're going to turn their back on and they're gonna let it go because now they benefit. So that's one aspect. But the aspect I'm talking about is the silver market is let's say, yay, big gold is he can't see it, but much much bigger. So when you have investor demand going into this market, just forget the
applications of industry. When you have people increasingly see that there went from a buck fifty for a dozen eggs to four fifty two six bucks to ten and in one point, I think it could be forty fifty sixty bucks. They're going to look for anything that they can to find a way to protect their value, right, and it's going to rush into what they can afford. Silver again, market being smaller, so both gold and silver are going to rise to meet that into valuation of the US dollar, okay, or the
marker of global trade as it pertains to exchange to other countries. But silver, due to market supply, it is going to grow at a greater pace. And that that happens again throughout history. So look at the last run up in precious metals, and you can see this on really a volatile daily or weekly price point in two thousand and eight from the bottom to the top. In twenty eleven, silver verse gold silver went six times higher as six
x gold went two and a half. So silver outperformed gold. And if you look at the price of gold and silver today, it's pretty much a flat day. But look at a price where maybe silver's up or down, you know, forty fifty eighty ninety cents or a bucker more. Look percentage wise where that increase or decline percentage wise relates to the increasor decline percentage of gold, and it's multiplied. So you have this thing called the gold of
silver ratio. Take gold, divide silver into it, and you're going to see what the exchange rate is like a currency outside of spread. Obviously, you're looking at the spot price for this, and you're gonna find I didn't do the map today, so anybody can do this, but you're going to find the exchange of silver to gold. It's going to take roughly the upper seventy to maybe eighty ounces of silver approximately, I would think now currently to
get one gold at least probably like seventy two seventy five. That's where it's at. Well, it was upper seventies almost eighty in two thousand and eight, and then since silver opperformed gold in two eleven when silver was at fifteen, gold was just over two thousand. It only took a little over thirty one ounces of silver to get that one ounce of gold, right, so gold silver became more valuable in dollar terms for races to gold or that exchange.
So historically that exchange rate is roughly In the Roman Empire it was a twelve. It was set at twelve silver to one gold. In our Coina Jact in late seventeen hundreds it was set at fifteen. Right, the exchange organically in nineteen seventy nine went back to just over fifteen. It was like fifteen point three. It gave back a little and when they raised the margin rates to collapse the market, So that downfall or the decline in precious metals
in starting in January nineteen eighty was artificial. So you know, listeners need to know that they raised the margin, meaning that if you needed ten thousand dollars in reserves at a commodity exchange to control x amount of gold or x
amount of silver, the next day it was twenty or thirty thousand. So they just raised the cost to maintain that position and not everybody's liquid, so it forces selling, right, they did that in nineteen eighty, and then they blamed two guys unfortunately called the Hunt Brothers, saying they manipulated the market.
They didn't do crap, the who was rigged from the beginning. And then they also did it in April twenty eleven to keep silver from rising above fifty, which it was and it would have because JP Morgan had such an undercover uncovered short position that if silver in three days would have been sixty five dollars, and it could have been, and JP Morgan got called, they'd be buying metal at seventy bucks to satisfy crap. They sold it twenty would
have put him out of business. So that happened. But looking at that historic ratio, let's let's just look at you know, a fifteen to one, and I personally think silver changed to gold could go from ten ounces of silver to one ounce of gold. But if gold is thirty thirty one, thirty five thousand with a redacted monetary base, we don't even know how much we have, where's that put silver? It puts silver over two thousand dollars.
So mathematically, on a percentage basis, silver sitting at you know, roughly twenty three twenty five dollars an ounced for gold nineteen fifty to two thousand dollars announced. Who wins silver does, right, Probably a hell of a lot bulkier, right, And when you got to get out of dodge, it weighs a lot more. That way. We offer storage options. I think storage is a fine thing to do, and if you want to get at home, we ship it to you. But there's a means to an
end. You just got to think it through and what's going to be best for your family. But yeah, silver outperforms, and I think it's going to outperform, you know, one hundred x more than gold. I really do. Right now, when it comes to the brokerage of this silver has you know, it's usually like a depending on what type of silver it is,
there's a certain set dollar amount above spot that you get. But isn't in a percentage when it comes to gold, like fifteen percent or something like that, or is that just now depending on the store you're going to whatever, it's going to depend on the location and their inventory. And you know, like if I buy something from someone that comes in to sell it to us, obviously my cost to acquire that is less than if we have to go to our dealers of the wholesale market to buy something to sell to you
or replace our inventory. Right, So if someone comes and sells me a gold bar in the morning, then then you come in in the afternoon you want a gold bar, and I sell you that same gold bar. I can I can do a little bit better spread. You know, we're not looking to you know, take advantage of anybody. It's just what the company needs to make is what the company needs to make. That's what it is. So the premiums um they're not necessarily going to be a set percentage above
spot, right, because that is always going to change. And an example, there's been times and it's still existing today, especially since you know our twenty twenty lockdowns. Again for our better good that the day, the Monday before California shut down, silver dropped about thirty eight percent, right, eleven
dollars and five cents. But all that, yeah, well here's the thing, here's a caveat So it's eleven dollars and five cents, but by the end of the day it was costing you twenty two dollars to get why because by the end of the day it was costing US twenty one dollars to get it to sell it you for twenty two there was no silver. Yeah, right, so you can have price go down and you can still pay percentagely. You know, you may save a little bit of money depending on the
inclimb. But if silver drops three dollars, doesn't mean you're saving three dollars because my cost could go up ninety cents. Right, I can't get it to you so and we do a lot of volume, right, We're always moving, moving a lot of a lot of inventory. So in that case, I have to base it on my cost to acquire. And people like a moving market. So if silver was to go from here to thirty bucks, there'd be higher demand, thus taking more ounces off the availability for you
to buy or me to buy for you. My cost is going to go higher, means you're paying a higher cost. If silver was to drop the fifteen dollars in a hurry, let's say over the next thirty day, then you're you're still paying you know, thirty dollars. Announced why because there's just not a lot of it there um and silver going back to that market supply, it will be the first to become very difficult to buy, so that
should be the primary not to mention smaller and fractional in value. So it's going to be a little bit more divisible than say a one ounce of gold at thirty thirty five grand. Does fnb uh stamp their own rounds too? Do you have like your own? Has? We have in all denominations like we've done. We've done, We've done rounds, We've done ten ounce bars, we've got kilos, we're working on it. We've done some hundred ounces
bars, so we we do. UM. We run out of those pretty pretty quickly, right, so it's hit or miss if we have them, have them in stock. But if I have them, you know, and you want them, I can, I can generally get them for you. But they go very very quickly. UM silver is in high demand. Even with the slight pullback in premium soften a little bit, you would think the demand stopping. But we're busier than we've ever been, right, UM we can get That means people are starting to get smart. I hope, I
hope that's what that means. Well, it is, I think it is. UM. We got to steady flow of people that we see constantly, UM where they come in once a week, once a month, or once every quarter, and people will buy based underneath. Some people will come in and only buy ten ounces of silver or one ounce of gold at a time because that's really their their price point of what they can do. They still have to leave, they still have to pay enormous prices to Sdgenie, they
have to pay you know, increasing prices for their burger. So yeah, I mean I get it. Everybody's in that position. But people are going to buy what they can. But as an example, if we were to have a delivery and we get deliveries generally on a Wednesday and a Friday, Um, and we'll get metal today, I don't you know what order is going to be on that truck, but you know, let's say it's uh, you know, two three thousand ounces of silver. I mean, it'll
be gone by Monday afternoon. It's awesome, right, Um, it's it's it goes quick, it really does. And this is the calm before the storm, right, good point. This isn't even rush yet. You yeah, you don't wait the days of waiting the end of the way. Something was a long time ago. It was it was extremely a long time ago, but Unfortunately people do that for whatever reason. And to be fair, some people just are so busy it's hard for them. Some people don't have
enough money to contribute. But do anything you can get announced the silver, get you know, five dollars in guyings in quarters that are fractional. If you can get gold, get gold, get larger stuff, get smaller stuff. Everything's going to be purposeful. You don't want one hundred ound silver bars, you know, at one hundred five hundred thousand, two thousand dollars valuation, and the mass says it can go there? Do I believe it is? Yeah? Is it going to We'll find out, but history says it
does. So I'm going to base it on that. And I know banks are buying it, Central banks are buying it, governments are buying it. What do they know that we don't know? When we know that we're not bombing people because they're circumventing the dollar, Wake up, right, It's allowed to happen, So get prepared. It's not always going to be one hundred ounces bars because one hundred ounced bar at acts price, I mean, it's
going to be too much. If you're trying to sell it, you have to have fractional amounts or different amounts to where the purpose of selling it, whether to pay off your own debt, whether to survive, whether to acquire assets that are going to be dirt cheap right, whether we're going to a digital structure or not. Try, Yeah, I gotta have practicality in there by the world, because I do know one thing. The wealthier you are,
you can buy your way in or out of something. When people were forced to mask up or had proved this, they had this or that and restricted travel to get on a plane. If you had enough loot, you could jump on a private plane, pulled right up to the tarmac. No one's wearing a mask, drink waiting for you. Boom. You're done. So get as much wealth as you possibly can. If it's going to be a classystem, try to try to fight to rise up right very worse.
At least you did is gave yourself options with the higher value versus a deep value that's declined at sixteen seventy percent, and that will go into hyperinflation. It absolutely will. If global reserves which support other countries currencies. The argument is dollars going to stand because you need to create in buy dollars to pay off the old debt. But if you're going to revalue the old debt model, and everybody's in on this game, no West, no ease, no
right, no left in the world has rulers. If everybody's in on this damn thing, they're only going to keep enough dollars on hand to satisfy the obligations, knowing that if they have a billion in debt, they're going to wake up and it's only going to be fifty million dollars, so they don't need to pay it. What are they going to do with the access reserves? They're going to have to find a house to get utility again, like you should be doing to take advantage of this time, They're going to find
a home to unload those two extract some more sort of value. Why these are still deemed valuable? What countries are going to still exect dollars at the end of this US all that shit's coming home? And can I ask you this too, because I think people have a misconception of this when it comes to the treasury or the country at large. How much gold do we actually have in reserves? Do we even have anything? Because yeah, I think
I really think we do to answer that question. So we have like over eighty one hundred tons of gold, which is you know, one hundreds and hundreds of millions of ounces. Because the things that I look at is, are you know, Jacob Schiff funding the Bolshevik Revolution right after you know, they implanted and installed the Federal Reserve, all of a sudden, our assets
we're in ours anymore. And twenty million dollars in nineteen hundreds of money in gold went on trains to Russia, you know, to to fund a revolution. That was a huge amount of gold coming out of our country. And then I believe we also helped prop up Britain with our gold as well when they were changing their monetary system as well. So that was two times where a ton of our gold got redistributed back to the you know, across the ocean. So I wasn't sure how much I had less and said it absolutely
did. And a lot of our gold went over there in thirty three just because if you what the treasury and what the price paid for gold coming from let's say Europe, after the revaluation of twenty to thirty five dollars, you got the thirty five dollars you didn't get the twenty dollars for it. So the wealthy and the know they shifted their gold and they brought it back. And the reason we close the exchange of gold two dollars internationally and seventy one
is the amount of reserves we have. We're depleted by about sixty percent, so they had to shut it. So does gold travel across seas to settle debt payment anymore? I'm sure to some degree it is, but now in today's stage and age, it's it's pretty much just the accounting leisure and then it's still stored at one location. But then you have the right. So if you look at what the gold we do have, or supposedly we do have, and you and you look at where it's held and what it is,
the majority of it is not debt selling agents. It's it's not a good delivery um product. Most of it is refined product from the reclaim in thirty three, so it's it's off by a slight purity to announced level. So it's not a debt set in the agent. But what it is used for and what it can be used for is they can lease and loaan the hell out of it, right, so in my opinion, the Fort Knox was to be audited, I don't think. And again maybe I'm optimistic about
this. And then the bottom line is no one knows, no one, no one knows. We're not a part of that club. Yeah, but I would believe that if you got audited, if if they were to allow a Fort Knox auditum and the you know, activity of the Federal Reserve as it pertains to four Knox, I think if those doors open, you're probably
going to see some gold. Now, if you look at the balance sheet of what's allocated and what's not, and how many times it's it's levered up to mark a valuation to somebody else's balance sheet, I think that'll be quite surprising. I think it would be counted many, many, many, many many times over. But as far as a reserve base of actual metal, I'd like to believe that it's still there. I don't know. You know, the numbers I'm going on are at the assumption that we still have title
or control of what gold we claim. I do we or do we not? I don't know. But if you look historically where the price is going to go proportionate to a monetary base. You got to go with the information you have, and I do believe that the price of metals rises to meet that monetary base. Otherwise government's central banks would not be hoarding this at the fastest pace that they've they've ever done before. They know something's coming. We'll
find out maybe maybe the FED will be added. I doubt it. Maybe we'll actually crack up in for an ox and see, I doubt it. You know, that's the problem is you're given the information you're given. You got to do the best you can and have some discern it. And our notion of United States versus United Nations and who actually you know operates and calls the shuts is another thing too. If somebody does have, you know,
control over that gold, who's that someone? And is it really something that it's even attached to our government or is it the government of the government? So, and what are they putting it and what are they doing with it? You know? Yeah, and if they're if they're holding it, is a marker on the balance sheet of actual money, because it is still an actual money marker, right gold is now tier one asked why wouldn't they let the price rise and be revalued to whatever they want it to be. It
protects their best censuries. So advice is again to your listeners. Hit me up right, you know, we'll have a conversation. Start getting gold, start getting silver. Um. You can structure in retirement accounts, you can have it stored, I can have it sent directly to you. You can do a combination of anything. And you make yourself your own you know, and insulated. You know. Central bank so to speak, out of the banking system, absolutely right, and TikTok. You have very very little time.
I don't know when it is. But Augustine Carson of the Bank for a National Settlements, he runs it. And the Bank of International Settlements has had control of the central banking for a very very very long time. Nothing happens in the world of central bank movement without this bank's approval. And they do write the structured accords for margin, what's money, what's not, what's allowed to happen, what is allowed to happen. And Jerome Pale has a
boss, and that guy's name is Augustine Carson. He said in twenty nineteen that twenty twenty five all bank notes are to be removed to go to central bank. Digital currency Jesus right, So he said that, then are we ahead of schedule? We could be. You know, I don't know that that skeleton key of it made everything go faster, didn't it. Well, yeahdull doors. Yeah, And it's just it's just so just be defensive.
Be as absolutely defensive of your assets that you have, fight to protect them, fight to ensure them, and go on the offense when it comes to acquiring assets. Why you still have time. Don't wait until you start to see the next leg up of inflation when pal raises rates again, and then you have this market event that collapses the market. Then you're locked out. You're forced on a digital currency and what you wish you could have done you
can no longer afford and it's not available to you. Yeah, and just a while ago I had I had a liquidate of a thousand dollars worth of my silver a couple months ago. And if anybody's worried that it's hard to do, it's not hard at all. So it don't feel like you can't go back and forth when you need it, because that's what it's kind of
there for. It's not there for that major thing that's going to happen once it's there for whenever that problem happens, and if you need something, at least you can look at your safe and be like, well, I can't really spend that, so I still have it. Lucky me, I can go use that if I need it to take care of a problem, if
something comes up, if car breaks down, something like that. You got in there, say if you got to somewhere and it's it's again protecting yourself and you're having a cushion and you can aways get it back again, you know, It's that's that's with the beauty of it. It's not that hard to acquire and it's not that hard to move at all. And when I bought mine, it was like seventeen and I got twenty five for it. I think it's close to twenty five when I when I sold it back,
So I did okay, you know, yeah it did well. If you buy more, you know where to find me. Absolutely, I'm I'm this is absolutely going to go because I go to San Diego a lot and I want to actually come talk and we'll get together. Man, I'll take you out to dinner. Awesome, thank you. Um, So, what's the best way to contact you and I'll put this in the in the notes too. But is it you have a number an email website would to contact me?
Because I'm not going to be able to answer phone calls in the fashion that they may come in. I don't know. My phone gets pretty busy emails. UM if I if I'm busy, it's going to be you know, hard for me to get back to everybody Like that shirt MANU so at the at the bottom of the U the link in the show notes for it. What Daniel's gonna do is he's gonna put a a landing page up and if you click on that, it's going to take you to a portal that
comes directly to me. Just give me your information, give me your name, give me your number, give me your email. UM, put into description if you'd like to what you what's on your mind? Right? Or you're looking for silver, you're looking for gold? Do you want to sell? Do you want to buy? Or you're looking a store? Do you look? You just whatever you think? You want to give me a heads up of what the conversation is going to be about, UM, and I'll
reach out to you. Can we talk about pladium? Do we even want to talk about that real quick, and just what the difference is, I don't know. Yeah, I mean, well, gold, silver, platinum, palladium, all or precious metals. I think the coming inflationary tide and reevaluation, the tide's going to raise all boats um. I like palladium um. Palladium sword up. I mean I like all plash of precious metals. I like anything of value really, but palladium shot up with the VW scandal
of emissions. When they're fudging their admissions. I think, what is it twenty seventeen or eighteen, it's it's time flies. But if you remember that, because palladium is a great substitute for platinum in the auto industry and as well as an industry in general. So platinum got sold at a valuation of about seventeen bucks. Platium was just under seven hundred bucks, so it got bought. Palladium was a very thin market and it was very over sold,
so it shot up. I can't say if palladium is at true value or not where it's currently at, and I haven't even looked at it in a while, so I couldn't tell you the price, but I think it probably could be if I had to have a pecking order of precious metals, I would probably say silver first thing, gold then platinum, then palladium UM is me as a general rule, I think platinum is still way way undervalued. UM. Again, all markets are going to rise. I think silver rises
to the greatest percentage. Gold is the core historic god money that the emperors and governments hold. So you want to get load of that palladium between two common people, you know, it's a lot easier to explain silver and gold to them than it is that if somebody doesn't even understand the platinum or palladium,
you know. I mean like if you're if you're getting goods from your from your farmer or something like that, you know, you're I'm thinking the gold and silver would be a lot more you know, recognizable than say like the padium or the platinum in that and that type of environment. Am iron, Yeah, Yeah, Palladium and platinum, in my opinion, is just going to be a protection that's going to increase due to devaluation and reprice of the dollars. So it's going to come up. I don't think it would
be harmed. Buying it right means on a barter situation. Yeah, it's going to be a little bit harder, is it. Valuation of platinum doubles, that's two thousand, um, you know, call it round to two thousand platium doubles. It is what it is um. If silver doubles, it's fifty sonounces of silver's fifty bucks. If gold doubles. You know, now you're talking almost four thousands. So which one's going to have better utility? It's going to always be the silver. Yeah, you know, um
so yeah, good question. I mean I sell them all. If people want platinum, if people want palladium, I'll do it. And again, I like value. When I speak value to my clients, I try to get the biggest bang of their buck for them as I would myself. I don't do or request anybody to do something that I wouldn't be willing or think is a good ideal that I would do for myself, my family, or recommend to my best friend or or you know, brother or sister. M
So that's kind of how I operate. And if I see something that shows me, hey, platinum is a good bye even in the short term, then yeah, I'm gonna say, let's let's buy some platinum. Right, you're going to do pretty well with this thing. I can buy for this. I think our art for sale is this, and and let's go for it. Yeah. I'm just having this conversation with you. I can tell that you're very well versed in what you're what you do, very very eloquently
spoken, very knowledgeable. Blown away by it, having to stop and think a little bit about what you're saying, it through it a couple of times, because this isn't usually my realm of things, like I understand functionality things, you know, like I'm into let's get it done. Let's get it
done. When it comes into all the details that you filled in today, it was very enlightening and I really appreciate that because it gives me a better understanding as what's going on, how they manipulate and just just markets in general, and how this actually works. And that that to me was a great benefit because this isn't something I usually spend a lot of time into because there's so many other things I'm going on going on in my life. But this
is really very valuable information and I really appreciate your time here. Thanks Mark, I mean thank you, thank you a lot. Thank you appreciate you having me. This was a lot of fun. There's going to be a link below, um, the one I sent you. Just put it up, fill out your information. I'll get back to you. We'll take the time as simple as that, and do it when you're ready. You know, I suggest people move faster than they think they should, but do it
obviously when you're ready. Now, Daniel, let me ask you. Are you gonna be at the Red Pill and the Moines? Are you going to that? It's only like seven makes a way. I don't think I'm gonna able to make it. Man too bad? Um, you you're going huh yeah, yeah, yeah. We've been a part of that for a while. Um, it's one of my favorite events. I always meet new friends. My best clients and my best friends, um that I've met are at these events, right, So we do that. We do various other events.
I was in Aca Poco for Anarco Poco. I'm gonna start doing frequently. Um. So you got that. Andrew Cuffman was out there and all those Yeah, he was actually uh he he came over. He makes it means steak, I'll tell you that much. And he steered it up. Um it was one of the most delicious steaks I had. He's a great guy. I having the pleasure to speak and yact with him personally, UM for quite a while. I like what he has to say and look forward to to seeing him again, hopefully soon as well. Yeah, if I
get out there, it's because I got my book done first. If I get my book done first, I might be able to finagle away. If I if I, if I talk to the right people to actually have some of the you know, I might be able to get there. I'll just say it. Let yeah, Well, if you do, would love to see you. But if not, then I mean you you have a direct contact to me, and I mean absolutely let's keep in touch. If you make it to San Diego, even for a couple of days, just hit
me up and we'll we'll meet up what's convenient for you. And you know, just I appreciate you having given me the opportunity to bring me on. UM, I hope you have a wonderfully successful channel. Knowing you, I think you will. Your hot sauce is incredible and back to having that tribe you know you're in mind. I got your back. Thank you very much, sir, and I thank you for your friendship and for your time and for all of your expertise, for sure. And I'll get that link up
as soon as we say goodbye. And I'm going to do that. Now, stick around. I'll just go ahead and all right, guys, that was the day. And you'll see that, you'll see the link pop up very very shortly, all right,
