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Speaker 1: This is the primal scream of a dying regime. Pray

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Speaker 1: for our enemies because we're going to medieval on these people.

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Speaker 1: You're not got a free shot. All these networks lying

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Speaker 1: about the people, the people have had a belly. Phillip it.

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Speaker 1: I know you don't like hearing that. I know you

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Speaker 1: tried to do everything in the world to stop that,

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Speaker 1: but you're not going to stop it. It's going to happen.

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Speaker 1: And where do people like that go to share the

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Speaker 1: big line? Mega media? I wish in my soul, I

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Speaker 1: wish that any of these people had a conscience. Ask yourself,

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Speaker 1: what is my task and what is my purpose? If

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Speaker 1: that answer is to save my country, this country will

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Speaker 1: be saved. Worry you use your host Stephen k Ban.

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Speaker 1: I get Philip Patrick joins me. There's two things I

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Speaker 1: want to address with you, Philip, because folks who are

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Speaker 1: at an inflection point. I really Oh Philip's not here yet,

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Speaker 1: he's not odor Are we getting him up? Eleven o'clock

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Speaker 1: was call the call sheet. I know they're working the

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Speaker 1: trading desk at Birch Gold. Here's I asked Philip to

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Speaker 1: come on and normally we don't get Philip in the

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Speaker 1: morning show because during West Coast time and they're trading

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Speaker 1: off in New York time in London time. But something,

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Speaker 1: as we addressed a couple of saturdays ago, here, something

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Speaker 1: fundamentally has happened, and you're seeing the convergence now of

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Speaker 1: two major events, and it's very important for this audience,

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Speaker 1: I think, to understand both and see how they converge.

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Speaker 1: Number One, so Gold's always been a hedge, as we've

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Speaker 1: told you, through the end of the dollar empire. And

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Speaker 1: we're very proud of this work because we started this

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Speaker 1: work I don't know four or five years ago and

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Speaker 1: thinking about it, well for long time thinking about it.

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Speaker 1: But this is why we never had a gold a

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Speaker 1: sponsor that was in gold, because I always was. I

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Speaker 1: was not a goldbug. I came in investment banking at

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Speaker 1: a Harvard business school in Goldman Sachs back in the eighties.

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Speaker 1: The Harvard at that time was the west point of globalization.

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Speaker 1: That had two theological beliefs that they stamped you in

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Speaker 1: and there was no variance. Right. Number one was the

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Speaker 1: maximization of shareholder value. That was all when we're supposed

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Speaker 1: to think about the maximization of shareholder value nothing else mattered.

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Speaker 1: And the other was globalization. Michael Porter was one of

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Speaker 1: my professors there. He was the great competitive advantage comparative vantage.

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Speaker 1: These seminal works in the nineteen eighties that really drove

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Speaker 1: a generation or almost two generations of business school right

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Speaker 1: when management. Harvard Business School was set up, really at

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Speaker 1: the turn of the century. The you know, the brilliants

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Speaker 1: of the folks in the late nineteenth century, we keep

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Speaker 1: talking about manifest destiny, and then the ward understood that

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Speaker 1: the Industrial Revolution you needed management techniques that were very

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Speaker 1: mathematical and were able to you were you needed to

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Speaker 1: control things. You needed to control the manufacturing process. You

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Speaker 1: need to control production, and you need to do that

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Speaker 1: through analytics accounting. To give an example, you don't need

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Speaker 1: any financial background or no accounting background to go to

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Speaker 1: Harvard Business Going. In fact, they actually like it if

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Speaker 1: you don't. They want poets, they want they want people.

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Speaker 1: It's all about kind of IQ and drive to be

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Speaker 1: honest with you about how they selected through the GMTS

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Speaker 1: in your grades and all that. But the accounting course

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Speaker 1: is not called accounting, it's called control. And I said,

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Speaker 1: what is done? They said, because the whole process, the

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Speaker 1: whole process is to teach you how to you're going

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Speaker 1: to be a master of the universe. It's all about

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Speaker 1: how you control the modern the modern industrial economy. So

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Speaker 1: in that in Philip Patrick, he's an investment banker. Ray

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Speaker 1: Dalyo is a private equity investment banker. Jamie Diamond uh

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Speaker 1: was has been a hammer on Wall Street for decade

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Speaker 1: after decade after decade now runs His ultimate dream was

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Speaker 1: to run JP Morgan, which he came to because he

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Speaker 1: wasn't He didn't get he didn't come through kind of

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Speaker 1: the white shoe. He's kind of a scrapper, uh And

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Speaker 1: he's classed himself up recently and trying to be a

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Speaker 1: you know, a financial guru. But he was a guy

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Speaker 1: that's really brought in to cut cost and he's definitely

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Speaker 1: not a gold bug. I mean, he's always made the

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Speaker 1: comment that it's it's not rational to even have this

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Speaker 1: in your portfolio as a hedge, and that was kind

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Speaker 1: of the mindset of the age of globalization in the

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Speaker 1: eighties and the nice it was what Cain's called it

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Speaker 1: a a relic of ancient times. In fact, he basically

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Speaker 1: called it a dangerous relic of ancient times. And that

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Speaker 1: was the mindset whether you were a conservative, whether you

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Speaker 1: believe in Milton Freeman or you know, you believed in

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Speaker 1: in Keynes, or you believed in modern the financialization of

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Speaker 1: the American economy, which is what globalization led to, that's changed.

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Speaker 1: Philip Patrick nailed it on this. Two things Philip Patrick

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Speaker 1: has done and the guys at Birch Goal have done

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Speaker 1: that I think are incredible and very smart. And this

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Speaker 1: is why when they come on the show, you get

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Speaker 1: a perspective on this you don't get anywhere else. Number One,

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Speaker 1: they actually went to Rio d Genera right to the

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Speaker 1: to the Bricks conference, and they saw there exactly what

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Speaker 1: the game's going to be. The game is going to tie.

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Speaker 1: It's about dedollarization. It's about they think that. First of

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Speaker 1: they think the West and the elites and West are

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Speaker 1: irresponsible and we're basically doing a rolling devaluation of our currencies.

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Speaker 1: And we've also weaponized the currency, so now we can

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Speaker 1: we can have a little bit of control we have

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Speaker 1: we can have off of the system where every every trade,

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Speaker 1: every transaction they do is monitored and can be stopped.

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Speaker 1: And also the dollar, everything has to be converted in dollars,

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Speaker 1: and of course Lula and Uh and Putin Uh and

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Speaker 1: all these but the head guys, the Chinese companies party

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Speaker 1: realized to take down the American Empire, the way you

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Speaker 1: have to do it is to do it through the

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Speaker 1: dollar the other and they said, hey, this is this

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Speaker 1: is all going to happen, right. You can see. You

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Speaker 1: can see these side deals, these bilat trade deals where

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Speaker 1: you're not gonna you're not going to convert into dollars.

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Speaker 1: And in fact, the countries will actually take the risk

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Speaker 1: and figure out how to hedge you risk, no hedge

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Speaker 1: it by their central banks buying wait for it, gold.

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Speaker 1: The second part, Uh, The second part was he came

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Speaker 1: on here and he said, look, traditionally, and we talk

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Speaker 1: about all the time, it's been a hedge for five

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Speaker 1: thousand years. There's something changing that is now actually getting

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Speaker 1: back to the to the nineteenth century where it was

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Speaker 1: actually still considered a financial asset, a major financial asset.

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Speaker 1: That wait for it, because of the war in Ukraine

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Speaker 1: and the European economies not having the ability to finance

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Speaker 1: the war in Ukraine because they came to finance their

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Speaker 1: own militaries. This is why President Trump has hammered them

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Speaker 1: for years to get to the two percent and then

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Speaker 1: to get to the five percent of GDP for paying

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Speaker 1: for it, at which they all lie and spind You remember,

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Speaker 1: they came here and sat in the Oval office, and

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Speaker 1: they're going to do this, and they're going to do that,

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Speaker 1: and they're going to do all this stuff. And I

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Speaker 1: said on the show, they're all broke, it's all happy talk.

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Speaker 1: Well guess what weeks later, two months later, they're all

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Speaker 1: broke and it's not happening. However, they got their hands

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Speaker 1: on three hundred and fifty or three hundred and eighty

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Speaker 1: billion dollars of the Russian people's assets. So they're going

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Speaker 1: to do something we didn't do to Hitler. They're going

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Speaker 1: to in the Nazi regime. What we didn't do to

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Speaker 1: Mussolini and the Fascists, we didn't do to Imperial Japan,

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Speaker 1: we didn't do to the Bolsheviks, we didn't do to

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Speaker 1: the Soviets, we didn't do to the Chinese Commanies party.

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Speaker 1: All these monsters that have roamed the earth for the

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Speaker 1: bloodiest century of mankind's history, the twentieth century, the short

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Speaker 1: twentieth century from nineteen ten fourteen to nineteen eighty nine,

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Speaker 1: We're not going to do that. We're aushly going to

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Speaker 1: steal the Russian people's assets and we're going to use

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Speaker 1: that to pay for the Ukraine War. Well, it turns

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Speaker 1: out that all those are based in European banks, and

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Speaker 1: they're all in euros And Philip Patrick said, you know what,

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Speaker 1: I think A guy red Birch Gole said, this is

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Speaker 1: not only it's a hedge, but it's going to something different.

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Speaker 1: It's actually now going to be in the ranks of

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Speaker 1: financial assets. And central banks and money center banks are

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Speaker 1: thinking about this very differently. And when they do that

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Speaker 1: and they start figuring out what in their asset class

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Speaker 1: they have to have, things are going to change. You

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Speaker 1: had the geopolitical risk. President Trump is put out of fire.

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Speaker 1: And this is why I say the Middle East is

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Speaker 1: a side show and Israel is a side show to

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Speaker 1: a side show. If you see what's happening in the

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Speaker 1: world today and what is going to affect this country

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Speaker 1: and what's going to affect you and your community and

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Speaker 1: your children, grand children, it ain't coming out of the

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Speaker 1: Middle East. And don't get me wrong, President Trump's right

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Speaker 1: still three thousand years a cockpit of those folks at

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Speaker 1: each other's throats and even goes beyond religion. Right, the

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Speaker 1: central part is what's happening in the Eurasian landmass and

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Speaker 1: what's happening in the global financial markets. About the finance

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Speaker 1: that we have three hundred and eighty What is three

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Speaker 1: hundred and eighty trillion dollars? I think three fifty Let

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Speaker 1: me round down three hundred fifty trillion dollars a debt

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Speaker 1: at every level, from credit card debt to student loans,

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Speaker 1: to the United Nations and all the stuff in Geneva

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Speaker 1: and the countries the United States, Russia, China, add it

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Speaker 1: all up, everything, junk bonds, private debt, all of it

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Speaker 1: three hundred and fifty training dollars. And I keep saying that,

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Speaker 1: Philip Patrick keeps saying it. That is a lot, that

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Speaker 1: is a highly leveraged The world is a leverage buyout.

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Speaker 1: And if the world doesn't hit his business plan, and

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Speaker 1: it ain't hitting his business model right now, God bless Ai,

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Speaker 1: it is not hitting his business model. So eventually you're

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Speaker 1: going to have a margin call. And what does that mean?

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Speaker 1: You've got to put a little something under the debt. Well,

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Speaker 1: what's the something we're going to print more money. We're

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Speaker 1: printing as fast you can. No, they're gonna want like, no,

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Speaker 1: we want real essets underneath this, or the DES's gonna

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Speaker 1: come crashing down and Bob's your uncle. You're gonna have

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Speaker 1: something that's so much worse than the Great Depression. And remember,

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Speaker 1: go back to your parents or your grandparents and think

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Speaker 1: it would form them as people, particularly with your grandparents

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Speaker 1: certain age. It's not World War Two. It was the

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Speaker 1: Great Depression. It left an indelible stamp. If those kids

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Speaker 1: were you know, eight, nine, ten years old, all the

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Speaker 1: way up to their teens, they remember what America looked

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Speaker 1: like in nineteen thirty two when Roso came in, he

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Speaker 1: had twenty five percent unemployment. They remember all the stuff

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Speaker 1: in the Great Depression, all the stuff in the FDR.

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Speaker 1: They were throwing stuff up. They had you know, CCC,

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Speaker 1: and they had you know, they were doing the job training,

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Speaker 1: and they were, you know, trying to make sure everybody's

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Speaker 1: wages came up. They were flooding the market with with

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Speaker 1: cash and trying to get everything up. By nineteen thirty eight, folks,

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Speaker 1: and this is why read the Supreme Court, nothing had worked.

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Speaker 1: They were essentially by thirty eight kind of back where

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Speaker 1: they started a little bit better, but they all came

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Speaker 1: to the conclusion, Hey, kind of the way you get

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Speaker 1: out of this is kind of the way Germany got

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Speaker 1: out of this. Because Germany was the basket case and

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Speaker 1: now all of a sudden their economy is on fire.

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Speaker 1: How do they do that? Hillery just said, Screwberry, We're

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Speaker 1: going to rearm and eventually I'm going to use those arms.

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Speaker 1: So we're going to rearm first. And that's what happened

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Speaker 1: in late nineteen thirties. You started growing the army, you

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Speaker 1: started building a navy, you started getting ready for a

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Speaker 1: war they knew was coming. And why did they know

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Speaker 1: that war was coming? Because we were in a negative

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Speaker 1: feedback loop on the global economy and you had to

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Speaker 1: punch the reset. And what better way to punch a reset,

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Speaker 1: if you study the four turnings, what better way to

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Speaker 1: hit a reset a global conflict. And that's why today

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Speaker 1: I've said we're in the beginning of the kinetic part

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Speaker 1: of the third World, where we've already passed the place part.

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Speaker 1: You see that in this Friday and this Friday in Washington,

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Speaker 1: d C. In the Oval Office, Zelenski's coming. He's got

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Speaker 1: a menu and a plan. Just give me offensive, gimme tomahawks,

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Speaker 1: let me strike them deep. Let me get to Moscow,

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Speaker 1: let me get to Saint Petersburg, let me hit them

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Speaker 1: where they live. Let me hit the criminal at Putin.

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Speaker 1: They ain't that tough. And if I can hit them

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Speaker 1: and I got those weapons, the whole dynamic of the

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Speaker 1: Ukrainian War will change. We got two point eight million

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Speaker 1: dead or one that they're ready. That's the dwarfs. Anything

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Speaker 1: in World War two for the for that same period,

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Speaker 1: dwarfs it. But even more importantly than that. And make

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Speaker 1: sure if you take any thing away from this morning show,

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Speaker 1: you take this away. The Chinese Communist Party is kind

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Speaker 1: of the same shape that Roosevelt and the guys were

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Speaker 1: in the late nineteen thirties. They've tried everything, They've thrown

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Speaker 1: everything in and it's not working. And America trying to

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Speaker 1: get its commercial relationships right and right and trying to

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Speaker 1: bring those manufacturing jobs at the Wall Street and the

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Speaker 1: tech oligarch sent over there, they've gone full scale economic war.

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Speaker 1: They've said, hey, we're putting restrictions on everything to every

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Speaker 1: country because we don't want it to get to America,

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Speaker 1: and On top of that, you guys have sold us

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Speaker 1: the rare earth processing because your corporatists are so greedy

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Speaker 1: they'll sell out the country. They'll actually do what Lenin said.

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Speaker 1: What at Lenin say. The capitalists will sell us the

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Speaker 1: rope in which we will hang them. That's what rare

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Speaker 1: earths are. And she knows us. These people are smart,

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Speaker 1: they're tough, they're strategic, and they're pure evil and they

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Speaker 1: hate this country and they are now at a full

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Speaker 1: scale economic war with the United States of America and

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Speaker 1: economic war. Folks, I'm telling you we can win it

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Speaker 1: if we use every tool in the toolbox. But in

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Speaker 1: winning it, it's also going to make people around the

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Speaker 1: world go, well, hang on. The way these guys win

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Speaker 1: it is to their own economic process, particularly around their

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Speaker 1: dollar and around this whole system of how money transfers.

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Speaker 1: It will only drive it will only drive the interest

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Speaker 1: in gold. I'm not here to hog gold to you.

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Speaker 1: I'm here to tell you reality. You make your own decisions,

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Speaker 1: but now you need to do your own work. Birch

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Speaker 1: Gold's provided the information and we're going to provide more.

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Speaker 1: But this is something you need to do for your family,

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Speaker 1: for your country, for your community that you need to

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Speaker 1: understand it. You need to understand it exactly where we

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Speaker 1: are today, and don't listen to any of the happy

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Speaker 1: talk that's out there. We're in it now. We're in

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Speaker 1: the Third World War, the economic part of it, the

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Speaker 1: political part of it, the kinetic part of it. Philip

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Speaker 1: Patrick joins us next in the World