1 00:00:01,800 --> 00:00:05,400 Speaker 1: We must now re examine every single alien who's entered 2 00:00:05,440 --> 00:00:08,920 Speaker 1: our country from Afghanistan under Biden, and we must take 3 00:00:08,960 --> 00:00:12,520 Speaker 1: all necessary measures to ensure the removal of any alien 4 00:00:12,600 --> 00:00:15,800 Speaker 1: from any country who does not belong here or add 5 00:00:15,880 --> 00:00:17,200 Speaker 1: benefit to our country. 6 00:00:17,360 --> 00:00:19,680 Speaker 2: If they can't love our country, we don't want them. 7 00:00:19,800 --> 00:00:22,480 Speaker 1: America will never bend and never yield in the face 8 00:00:22,520 --> 00:00:24,680 Speaker 1: of terror, and at the same time, we will not 9 00:00:24,840 --> 00:00:28,280 Speaker 1: be deterred from the mission the service members were so 10 00:00:28,760 --> 00:00:29,960 Speaker 1: nobly fulfilling. 11 00:00:30,360 --> 00:00:34,519 Speaker 3: You're listening to the forty seven Morning Update with Ben ferguson. 12 00:00:34,040 --> 00:00:36,519 Speaker 4: Good Black Friday. So nice to have you with us 13 00:00:36,520 --> 00:00:38,960 Speaker 4: on the forty seven Morning Update. And we've got a 14 00:00:38,960 --> 00:00:42,720 Speaker 4: big economic story for you, and it deals with affordability 15 00:00:42,920 --> 00:00:46,440 Speaker 4: and major changes that have come under the Trump administration 16 00:00:46,880 --> 00:00:49,400 Speaker 4: in less than a year of being in office. So 17 00:00:49,440 --> 00:00:52,280 Speaker 4: why are the Democrats all about doom and gloom and 18 00:00:52,320 --> 00:00:56,360 Speaker 4: where the facts actually sang about prices, especially if so 19 00:00:56,400 --> 00:00:58,240 Speaker 4: many are spending big bucks today. 20 00:00:58,840 --> 00:01:02,200 Speaker 2: And we've got the good news for you. But first, did. 21 00:01:02,040 --> 00:01:04,600 Speaker 4: You see that gold just hit an all time new 22 00:01:04,680 --> 00:01:09,000 Speaker 4: high of over four thousand dollars an ounce? And if 23 00:01:09,040 --> 00:01:10,760 Speaker 4: you hear that and you're like, are you kidding me, 24 00:01:10,840 --> 00:01:14,399 Speaker 4: and you're thinking, gosh, I missed my opportunity. Well, I 25 00:01:14,440 --> 00:01:16,880 Speaker 4: don't know if you missed your opportunity, but my friends 26 00:01:16,920 --> 00:01:20,319 Speaker 4: at Kurt Elliott Precious Medals they can answer that question 27 00:01:20,440 --> 00:01:23,720 Speaker 4: for you. You also may not be paying attention to the 28 00:01:23,760 --> 00:01:27,240 Speaker 4: incredible games with silver that are happening right now as well, 29 00:01:27,720 --> 00:01:30,520 Speaker 4: and that's why I trust the guidance of the team 30 00:01:30,560 --> 00:01:34,000 Speaker 4: at kirk Elliott. In fact, I literally just got a 31 00:01:34,400 --> 00:01:37,400 Speaker 4: hundred ounce bar of silver the other day, and the 32 00:01:37,480 --> 00:01:39,960 Speaker 4: reason why is because after I talked to the team 33 00:01:40,160 --> 00:01:44,160 Speaker 4: at kirk Elliot Precious Medals, they let me understand exactly 34 00:01:44,240 --> 00:01:48,080 Speaker 4: where I could have a big upside in investing in silver. Now, 35 00:01:48,200 --> 00:01:50,360 Speaker 4: the other part that I love about them is this 36 00:01:50,680 --> 00:01:54,160 Speaker 4: they have transparent pricing. There are a lot of gold 37 00:01:54,200 --> 00:01:56,600 Speaker 4: companies that you'll hear about if you listen to talk 38 00:01:56,720 --> 00:02:00,240 Speaker 4: radio or podcasts or watch TV, but do they tell 39 00:02:00,320 --> 00:02:04,480 Speaker 4: you how the pricing actually works well. At kirk Elliott, 40 00:02:04,560 --> 00:02:08,560 Speaker 4: they're real simple, just eight percent when you buy and 41 00:02:08,880 --> 00:02:12,880 Speaker 4: zero commissions when you sell, with no hidden fees. Ever, 42 00:02:13,400 --> 00:02:15,840 Speaker 4: that is the other reason why I recommend them to 43 00:02:16,040 --> 00:02:18,839 Speaker 4: all of you. They also don't sell you quote rare 44 00:02:19,000 --> 00:02:22,919 Speaker 4: coins are precious coins that you pay insane markups on 45 00:02:23,240 --> 00:02:24,800 Speaker 4: and then when you go to sell them you find 46 00:02:24,800 --> 00:02:27,520 Speaker 4: out they're really not worth that much. They are a 47 00:02:27,639 --> 00:02:32,920 Speaker 4: bollyon only approach. They focus on investment grade metals, no 48 00:02:33,240 --> 00:02:37,639 Speaker 4: overpriced collectibles, no gimmicks. That means you get more gold 49 00:02:37,720 --> 00:02:40,839 Speaker 4: or silver for your money at fair value when it's 50 00:02:40,880 --> 00:02:44,200 Speaker 4: time for you to sell. So if you're ready to 51 00:02:44,280 --> 00:02:46,600 Speaker 4: find out if gold and silver is right for you 52 00:02:46,680 --> 00:02:50,760 Speaker 4: in your portfolio, then call them and get a plan. 53 00:02:51,240 --> 00:02:55,760 Speaker 4: You can visit them at ke PM dot com, slash 54 00:02:55,840 --> 00:03:01,760 Speaker 4: ben that's k e PM dot com Ben or seven 55 00:03:01,840 --> 00:03:06,320 Speaker 4: to zero six O five thirty nine hundred at seven 56 00:03:06,400 --> 00:03:11,280 Speaker 4: two zero six oh five thirty nine hundred Kirk Elliott 57 00:03:11,320 --> 00:03:13,120 Speaker 4: Precious Metals online. 58 00:03:13,000 --> 00:03:16,160 Speaker 2: At k e PM dot com. 59 00:03:16,280 --> 00:03:19,640 Speaker 4: It's the forty seven Morning Update and it starts right now. 60 00:03:19,840 --> 00:03:20,959 Speaker 2: Story number one. 61 00:03:21,080 --> 00:03:24,680 Speaker 4: There's a word that a lot of you may have heard, affordability. 62 00:03:24,760 --> 00:03:27,760 Speaker 4: It is the obsession word of the Democratic Party right now, 63 00:03:28,280 --> 00:03:31,480 Speaker 4: something they never mentioned when Joe Biden was President of 64 00:03:31,520 --> 00:03:33,760 Speaker 4: the United States of America. Instead, they lied to you 65 00:03:33,800 --> 00:03:36,360 Speaker 4: and said that there was no such thing as inflation, 66 00:03:36,520 --> 00:03:39,520 Speaker 4: that it was transitory, and that things were quote getting 67 00:03:39,520 --> 00:03:42,040 Speaker 4: better and gas prices really weren't that bad. 68 00:03:42,720 --> 00:03:45,000 Speaker 2: Well, now they're wanting. 69 00:03:44,800 --> 00:03:48,000 Speaker 4: Americans to believe that the economy is a disaster and 70 00:03:48,040 --> 00:03:51,320 Speaker 4: they're trying to blame Donald Trump for everything. So let's 71 00:03:51,360 --> 00:03:53,880 Speaker 4: talk about the facts of where we were a year 72 00:03:53,880 --> 00:03:59,520 Speaker 4: ago compared to now, specifically around Black Friday and holiday 73 00:03:59,640 --> 00:04:02,160 Speaker 4: trap for Thanksgiving travelers. 74 00:04:02,200 --> 00:04:03,920 Speaker 2: There's a bit of good news. 75 00:04:04,160 --> 00:04:06,400 Speaker 4: Let me say that again, a bit of good news 76 00:04:06,400 --> 00:04:10,440 Speaker 4: for you at the pump. Gas prices are holding steady, 77 00:04:11,160 --> 00:04:14,880 Speaker 4: a far crime from the sticker shock of recent years. 78 00:04:15,480 --> 00:04:19,839 Speaker 4: Gas Buddy is now forecasting a national average three dollars 79 00:04:19,920 --> 00:04:24,600 Speaker 4: and two cents per gallon over the holiday, matching yes, 80 00:04:25,200 --> 00:04:29,080 Speaker 4: a low price that we needed desperately to help Americans, 81 00:04:29,520 --> 00:04:32,720 Speaker 4: and we also now know that there's other things that 82 00:04:32,800 --> 00:04:36,760 Speaker 4: are really exciting Thanksgiving gas prices. This is the lowest 83 00:04:36,800 --> 00:04:40,640 Speaker 4: we've had since the pandemic, when the national average hit 84 00:04:40,680 --> 00:04:43,119 Speaker 4: three dollars and thirty nine cents a gallon in twenty 85 00:04:43,200 --> 00:04:46,120 Speaker 4: twenty one and three dollars and fifty six cents a 86 00:04:46,160 --> 00:04:51,400 Speaker 4: gallon in twenty twenty two. Gas prices are coming down 87 00:04:51,640 --> 00:04:54,360 Speaker 4: and for many drivers, and national stability is showing up 88 00:04:54,400 --> 00:04:59,880 Speaker 4: locally as well. Nearly thirty states now boast average prices 89 00:05:00,360 --> 00:05:05,160 Speaker 4: of under three dollars a gallon, from Colorado to New 90 00:05:05,200 --> 00:05:09,680 Speaker 4: Hampshire to Georgia. According to Triple A, Oklahoma tops the 91 00:05:09,720 --> 00:05:12,720 Speaker 4: list with an average of just two dollars and fifty 92 00:05:12,800 --> 00:05:16,279 Speaker 4: cents a gallon. That is a welcome number on many 93 00:05:16,360 --> 00:05:20,760 Speaker 4: gas station signs for consumers. Now at the other end 94 00:05:20,760 --> 00:05:23,880 Speaker 4: of the spectrum, where liberals are in charge, you've still 95 00:05:23,920 --> 00:05:28,400 Speaker 4: got paint at the pump with overregulation and taxation. Let 96 00:05:28,440 --> 00:05:31,480 Speaker 4: me give you an example of that. California is now 97 00:05:31,600 --> 00:05:35,839 Speaker 4: topping the list as the most expensive state when it 98 00:05:35,880 --> 00:05:39,000 Speaker 4: comes to buying a gallon of gasoline. When you look 99 00:05:39,040 --> 00:05:42,320 Speaker 4: at Oklahoma, a conservative state with not a lot of 100 00:05:42,360 --> 00:05:46,440 Speaker 4: regulation to make prices skyrocket, and certain blends a demand 101 00:05:46,480 --> 00:05:50,920 Speaker 4: to protect the environment right because of global warming, well, 102 00:05:51,160 --> 00:05:54,640 Speaker 4: compare it to what they're paying in California. It is 103 00:05:54,960 --> 00:05:58,960 Speaker 4: four dollars and sixty three cents per gallon compared to 104 00:05:59,000 --> 00:06:04,560 Speaker 4: just two to fifty galls in Oklahoma. Hawaii is actually cheaper, 105 00:06:05,000 --> 00:06:07,520 Speaker 4: and that's not something you hear about very often, as 106 00:06:07,880 --> 00:06:10,600 Speaker 4: Hawaii is one of the most expensive places to just 107 00:06:10,720 --> 00:06:14,560 Speaker 4: get gasoline. Two it is now less expensive to buy 108 00:06:14,600 --> 00:06:17,560 Speaker 4: a gallon of gas in Hawaii than it is with 109 00:06:17,640 --> 00:06:22,080 Speaker 4: all the regulations on gasoline in California. Hawaii at four 110 00:06:22,160 --> 00:06:24,720 Speaker 4: dollars and forty seven cents a gallon, compared to four 111 00:06:24,720 --> 00:06:29,760 Speaker 4: to sixty three in California. Washington State, another liberal bastion 112 00:06:29,960 --> 00:06:33,839 Speaker 4: of well socialism, they now are at four dollars and 113 00:06:34,000 --> 00:06:38,160 Speaker 4: eighteen cents a gallon, and rounding out the top ten 114 00:06:38,400 --> 00:06:42,000 Speaker 4: are Nevada at three eighty four a gallon, Alaska at 115 00:06:42,040 --> 00:06:45,560 Speaker 4: three seventy five a gallon, Arizona at three thirty seven 116 00:06:45,600 --> 00:06:51,440 Speaker 4: a gallon, and three states tied at three twenty nine Pennsylvania. 117 00:06:50,440 --> 00:06:52,040 Speaker 2: Idaho, and Illinois. 118 00:06:52,839 --> 00:06:56,960 Speaker 4: Meanwhile, the most affordable gas can be found in conservative 119 00:06:56,960 --> 00:07:00,440 Speaker 4: states Oklahoma at two dollars and fifty seven and cins 120 00:07:00,440 --> 00:07:03,919 Speaker 4: a gallon, Mississippi at two sixty one a gallon, and 121 00:07:04,000 --> 00:07:06,120 Speaker 4: Louisiana two sixty five a gallon. 122 00:07:06,760 --> 00:07:07,440 Speaker 2: Those states. 123 00:07:07,440 --> 00:07:11,480 Speaker 4: The follow other conservative states Tennessee at two sixty six 124 00:07:11,520 --> 00:07:15,520 Speaker 4: a gallen, Arkansas at two sixty seven a gallen, Texas 125 00:07:15,560 --> 00:07:19,200 Speaker 4: at two seventy a gallon, Kansas at two seventy one, 126 00:07:19,720 --> 00:07:23,040 Speaker 4: Missouri at two seventy three, Alabama two seventy three in 127 00:07:23,160 --> 00:07:27,320 Speaker 4: Kentucky at two seventy four a gallon. You notice the 128 00:07:27,360 --> 00:07:31,040 Speaker 4: trend here. Where there are conservative states, there are lower prices. 129 00:07:31,400 --> 00:07:32,080 Speaker 2: And when you have the. 130 00:07:32,040 --> 00:07:35,720 Speaker 4: Most radical liberals were at what are their prices almost 131 00:07:36,000 --> 00:07:41,520 Speaker 4: double what is being paid in conservative states. TRIPLEA anticipates 132 00:07:41,560 --> 00:07:46,119 Speaker 4: at nearly eighty two million Americans will journey at least 133 00:07:46,200 --> 00:07:50,080 Speaker 4: fifty miles from home over the Thanksgiving holiday, one point 134 00:07:50,120 --> 00:07:54,520 Speaker 4: six million more than last year, marking a record high 135 00:07:54,640 --> 00:07:58,360 Speaker 4: for Thanksgiving travel. Now the revelation comes to the Trump 136 00:07:58,440 --> 00:08:03,120 Speaker 4: administration is pushing ahead on energy, dominance independence. It's a 137 00:08:03,240 --> 00:08:07,480 Speaker 4: key pillar President Donald Trump's economic and national security agenda. 138 00:08:07,640 --> 00:08:11,880 Speaker 4: And while Thanksgiving marks the year's busiest travel stretch, it 139 00:08:11,960 --> 00:08:14,960 Speaker 4: isn't the only time drivers have caught a break. This 140 00:08:15,120 --> 00:08:18,320 Speaker 4: Labor Day, motors saw the lowest gas prices in a 141 00:08:18,360 --> 00:08:21,760 Speaker 4: half a decade. So this is not just one blip 142 00:08:21,800 --> 00:08:25,120 Speaker 4: on the map. It's a clear trend because of the 143 00:08:25,160 --> 00:08:29,200 Speaker 4: President of the United States America putting Americans first, which 144 00:08:29,240 --> 00:08:32,160 Speaker 4: also brings us to what's about to happen with US 145 00:08:32,200 --> 00:08:37,120 Speaker 4: holidays spending. How do Americans actually feel about the economy 146 00:08:37,240 --> 00:08:41,800 Speaker 4: and where we are right now? US holidays spending, we're 147 00:08:41,840 --> 00:08:48,240 Speaker 4: now being told is expected to top one trillion dollars 148 00:08:48,760 --> 00:08:52,400 Speaker 4: for the first time ever. I want you to take 149 00:08:52,400 --> 00:08:54,440 Speaker 4: a listen to what they had to say about the 150 00:08:54,720 --> 00:08:59,400 Speaker 4: holidays and shopping patterns this year on Fox Business Channel. 151 00:09:00,000 --> 00:09:03,080 Speaker 4: Concerns about the economy, people are still looking to spend. 152 00:09:03,160 --> 00:09:07,719 Speaker 5: Jerry Willis has the numbers, She joins us Now, hey, Jerry, Yeah, 153 00:09:08,040 --> 00:09:11,520 Speaker 5: you know, it's interesting everybody asking just how generous American 154 00:09:11,559 --> 00:09:15,640 Speaker 5: consumers will be this holiday season. The question still under debate. 155 00:09:16,040 --> 00:09:19,960 Speaker 5: Both Price Waterhouse and Deloitte surveys of consumers showing Americans 156 00:09:20,000 --> 00:09:23,360 Speaker 5: tightening their purse strings with declines of anywhere from five 157 00:09:23,440 --> 00:09:26,800 Speaker 5: to ten percent. Gen Z the most cautious, saying they 158 00:09:26,880 --> 00:09:30,400 Speaker 5: plan to spend twenty three percent less than last year, 159 00:09:31,000 --> 00:09:34,760 Speaker 5: but the National Retail Federation sees sales rising two point 160 00:09:34,880 --> 00:09:38,280 Speaker 5: nine to three point four percent, breaking through the one 161 00:09:38,679 --> 00:09:40,600 Speaker 5: trillion mark for the first time. 162 00:09:40,679 --> 00:09:41,680 Speaker 2: Matter now. 163 00:09:41,720 --> 00:09:45,080 Speaker 5: Meanwhile, the big discounters like Walmart, TJ Max showing strong 164 00:09:45,160 --> 00:09:48,839 Speaker 5: early results. But what can consumers expect is they hit 165 00:09:48,880 --> 00:09:52,720 Speaker 5: them all. Some fire up their web browsers this holiday season. 166 00:09:53,280 --> 00:09:56,920 Speaker 5: One retail consultant says, potential Price hikes loom with the 167 00:09:56,920 --> 00:10:00,440 Speaker 5: elimination of the Dominimu's tariff, which allowed goods under one 168 00:10:00,480 --> 00:10:04,520 Speaker 5: thousand from offshore to enter the US duty free. She 169 00:10:04,640 --> 00:10:08,120 Speaker 5: says it could cost sticker shock for some consumers. 170 00:10:08,240 --> 00:10:11,160 Speaker 6: Listen, you need to buy now because we don't know 171 00:10:11,200 --> 00:10:14,280 Speaker 6: what's going to happen. Tariffs could go up at any point, 172 00:10:14,640 --> 00:10:17,600 Speaker 6: in which case those prices will get passed on. The 173 00:10:17,600 --> 00:10:20,000 Speaker 6: price increase we will immediately get passed on to the 174 00:10:20,000 --> 00:10:21,280 Speaker 6: consumer now. 175 00:10:21,400 --> 00:10:23,840 Speaker 5: Travel snaffoos could also make it difficult to get your 176 00:10:23,840 --> 00:10:28,079 Speaker 5: presence delivered on time, so Herzog is also recommending shipping 177 00:10:28,200 --> 00:10:32,240 Speaker 5: presents early by December seventeenth at the least, plus the 178 00:10:32,280 --> 00:10:35,719 Speaker 5: big the best prices that is on big ticket electronics 179 00:10:35,720 --> 00:10:40,280 Speaker 5: will be available after the holiday season January fifth and later. 180 00:10:40,760 --> 00:10:43,840 Speaker 5: Bottom line, if you want to save money this holiday season, 181 00:10:43,920 --> 00:10:48,920 Speaker 5: make a list, stick to it, and start early now. 182 00:10:48,960 --> 00:10:51,880 Speaker 4: This is also happening as we're seeing something else that's 183 00:10:51,880 --> 00:10:54,559 Speaker 4: going to make you very happy, and that is Thanksgiving. 184 00:10:54,559 --> 00:10:58,400 Speaker 4: Mail costs have declined to the lowest level in four years. 185 00:10:58,840 --> 00:11:01,880 Speaker 4: Another example of a affordability the Democrats are trying to 186 00:11:01,880 --> 00:11:04,840 Speaker 4: say is terrible and actually it's running yet again in 187 00:11:04,880 --> 00:11:08,480 Speaker 4: the right direction. The costs of a traditional Thanksgiving meal 188 00:11:08,559 --> 00:11:12,200 Speaker 4: down sharply, falling to the lowest price since twenty twenty one, 189 00:11:12,760 --> 00:11:16,480 Speaker 4: according to the American Farm Bureau. The Farm Bureau's fortieth 190 00:11:16,520 --> 00:11:19,640 Speaker 4: Anniel survey found that a classic Thanksgiving dinner for ten 191 00:11:19,679 --> 00:11:22,840 Speaker 4: people will cost fifty five to eighteen that is down 192 00:11:23,080 --> 00:11:27,680 Speaker 4: five percent from last year. Since nineteen eighty six, volunteers 193 00:11:27,720 --> 00:11:31,400 Speaker 4: across all fifty states in Puerto Rico have been organized 194 00:11:31,440 --> 00:11:34,800 Speaker 4: by the American Farm Bureau to record local prices for turkey, 195 00:11:35,360 --> 00:11:41,280 Speaker 4: cube stuffing, sweet potatoes, dinner rolls, frozen peas, fresh cranberry, salery, carrots, 196 00:11:41,320 --> 00:11:46,079 Speaker 4: pumpkin pie mix and crust, whipping cream, and whole milk. 197 00:11:46,559 --> 00:11:49,440 Speaker 4: Price is soared during the presidency of Joe Biden, with 198 00:11:49,559 --> 00:11:53,000 Speaker 4: inflation rising to the worst pace in forty years. The 199 00:11:53,040 --> 00:11:56,240 Speaker 4: price of a classic Thanksgiving meal searched fourteen percent in 200 00:11:56,280 --> 00:11:59,880 Speaker 4: twenty twenty one alone, Biden's first year in office, then 201 00:12:00,040 --> 00:12:02,160 Speaker 4: hitting a record high of fifty three to thirty one, 202 00:12:02,880 --> 00:12:07,040 Speaker 4: despite the administration's insistence that the price increases were transitory 203 00:12:07,559 --> 00:12:10,560 Speaker 4: or the result of a temporary supply shock. The following year, 204 00:12:11,040 --> 00:12:13,720 Speaker 4: what came to be called Biden, inflation was even worse. 205 00:12:14,120 --> 00:12:17,319 Speaker 4: The price of a Thanksgiving meal jumped another twenty percent 206 00:12:17,800 --> 00:12:23,480 Speaker 4: to a skyrocketing sixty four oh five. By Biden's final Thanksgiving, 207 00:12:23,559 --> 00:12:26,000 Speaker 4: the price of a traditional family holiday meal was twenty 208 00:12:26,040 --> 00:12:29,440 Speaker 4: four percent higher than it was when he took office. Yes, 209 00:12:29,559 --> 00:12:33,760 Speaker 4: almost a twenty five percent increase. This year's decline was 210 00:12:33,840 --> 00:12:36,040 Speaker 4: driven by a sharp fall in the price of turkey. 211 00:12:36,480 --> 00:12:38,920 Speaker 4: A sixteen pound turkey will cost an average of twenty 212 00:12:38,920 --> 00:12:42,880 Speaker 4: one to fifty That is down sixteen percent from Joe 213 00:12:42,960 --> 00:12:49,400 Speaker 4: Biden's final year in office. So is the economy getting better? Yes, 214 00:12:49,840 --> 00:12:52,959 Speaker 4: It's pricing getting better for you, yes? And is this 215 00:12:53,040 --> 00:12:55,760 Speaker 4: something we should all be excited about? You better believe it. 216 00:12:55,920 --> 00:12:58,600 Speaker 3: Thank you for listening to the forty seven Morning Update 217 00:12:58,760 --> 00:13:02,840 Speaker 3: with Ben Ferguson. Please make sure you hit subscribe wherever 218 00:13:02,920 --> 00:13:05,920 Speaker 3: you're listening to this podcast right now and for more 219 00:13:05,960 --> 00:13:09,719 Speaker 3: in depth news, also subscribe to the Ben Ferguson podcast 220 00:13:10,000 --> 00:13:11,760 Speaker 3: and we will see you back here tomorrow.