1 00:00:01,080 --> 00:00:05,440 Speaker 1: The Department of Justice, we now have learned, is investigating 2 00:00:05,559 --> 00:00:11,920 Speaker 1: Black Lives Matter Why for the misuse they're saying of donations. 3 00:00:12,560 --> 00:00:16,720 Speaker 1: The Justice Department is probing whether Black Lives Matter defrauded 4 00:00:16,760 --> 00:00:20,119 Speaker 1: donors who sent the organization millions of dollars during the 5 00:00:20,320 --> 00:00:24,759 Speaker 1: racial justice protests in twenty twenty. This coming from the 6 00:00:24,840 --> 00:00:29,200 Speaker 1: Associated Press. We also know that federal law enforcement authorities 7 00:00:29,640 --> 00:00:33,800 Speaker 1: have issued subpoenas and served a search warrant as part 8 00:00:33,840 --> 00:00:38,760 Speaker 1: of an investigation into Black Lives Matter. The Global Network Foundation, Inc. 9 00:00:39,479 --> 00:00:42,960 Speaker 1: That helped ignite the protests in US cities following the 10 00:00:43,000 --> 00:00:46,680 Speaker 1: death of George Floyd in Minnesota in May of twenty twenty. 11 00:00:47,240 --> 00:00:51,559 Speaker 1: That coming again from anonymous sources. Now, protests in some 12 00:00:51,720 --> 00:00:58,000 Speaker 1: locations resulted in deaths, lots of rioting, looting, fires, and 13 00:00:58,120 --> 00:01:02,880 Speaker 1: extensive property destruction. According to the Associated Press, it was 14 00:01:02,920 --> 00:01:07,120 Speaker 1: not clear if the investigation would result in criminal charges, 15 00:01:07,760 --> 00:01:12,640 Speaker 1: but its mere existence invites fresh scrutiny to a movement 16 00:01:12,760 --> 00:01:16,919 Speaker 1: that in recent years has faced criticism about its public 17 00:01:16,920 --> 00:01:21,840 Speaker 1: accounting of donations it has received. The Justice Department, by 18 00:01:21,880 --> 00:01:24,720 Speaker 1: the way, has declined to comment on the report. Why 19 00:01:24,840 --> 00:01:27,760 Speaker 1: because clearly they're working on this and they don't want 20 00:01:27,760 --> 00:01:31,920 Speaker 1: to tip anyone off. Now, the investigation actually began, just 21 00:01:31,959 --> 00:01:36,480 Speaker 1: so you understand the timeline here in the Biden administration that, 22 00:01:36,600 --> 00:01:39,679 Speaker 1: according to one of the AP sources, and has received 23 00:01:39,720 --> 00:01:45,360 Speaker 1: renewed attention during the Trump administration. The BOM Foundation said 24 00:01:45,360 --> 00:01:49,800 Speaker 1: it took in over ninety million dollars in donations following 25 00:01:49,840 --> 00:01:53,320 Speaker 1: the highly publicized death of George Floyd, who was seen 26 00:01:53,360 --> 00:01:56,160 Speaker 1: on that viral video struggling to breathe under the knee 27 00:01:56,160 --> 00:01:59,960 Speaker 1: of a white Minneapolis police officer who was later convict 28 00:02:00,120 --> 00:02:04,720 Speaker 1: did a murder. Now, critics have accused the nonprofit foundation 29 00:02:05,480 --> 00:02:08,680 Speaker 1: of not being forthcoming about how it was spending the 30 00:02:08,720 --> 00:02:11,120 Speaker 1: donations that they were receiving that were in the tens 31 00:02:11,120 --> 00:02:15,240 Speaker 1: of millions of dollars. Critics of the organization have looked 32 00:02:15,240 --> 00:02:18,960 Speaker 1: at a very shocking moment in twenty twenty two when 33 00:02:19,000 --> 00:02:21,760 Speaker 1: it was learned that some of the funds that were 34 00:02:21,919 --> 00:02:25,040 Speaker 1: raised in the name of George Floyd actually went to 35 00:02:25,120 --> 00:02:30,800 Speaker 1: purchase a six million dollar mansion in Los Angeles, six bedrooms, 36 00:02:31,000 --> 00:02:36,000 Speaker 1: six baths, a swimming pool, and other luxury amenities. The 37 00:02:36,000 --> 00:02:40,400 Speaker 1: co founder of BLM also admitted that she used the 38 00:02:40,400 --> 00:02:46,200 Speaker 1: group's six million property to host personal parties. The BLM 39 00:02:46,240 --> 00:02:50,679 Speaker 1: leader later resigned in twenty twenty three after much of 40 00:02:50,720 --> 00:02:53,040 Speaker 1: the information I've just told you went public. 41 00:02:53,760 --> 00:02:56,400 Speaker 2: The Associated Press also reports. 42 00:02:55,919 --> 00:03:00,560 Speaker 1: That no prior investigations into the nonprofits finances have quote 43 00:03:00,600 --> 00:03:04,800 Speaker 1: yielded proof of impropriety. The latest federal form filing, the 44 00:03:04,840 --> 00:03:09,560 Speaker 1: Wire Service reported, shows that BOM Foundation had twenty eight 45 00:03:09,680 --> 00:03:12,880 Speaker 1: million in assets for the fiscal year ending June twenty 46 00:03:12,919 --> 00:03:17,160 Speaker 1: twenty four. The current investigation is reportedly being run out 47 00:03:17,160 --> 00:03:19,840 Speaker 1: of the US Attorney's Office for the Central District of 48 00:03:19,880 --> 00:03:24,160 Speaker 1: California in LA. In a statement to the AP on Thursday, 49 00:03:24,560 --> 00:03:27,960 Speaker 1: the foundation said it is not a target of any 50 00:03:28,040 --> 00:03:36,160 Speaker 1: federal criminal investigation, saying, quote, we remain committed to full transparency, accountability, 51 00:03:36,760 --> 00:03:41,880 Speaker 1: and the responsible stewardship of resources dedicated to building a 52 00:03:41,920 --> 00:03:46,320 Speaker 1: better future for black communities. The Black Lives Matter slogan 53 00:03:46,520 --> 00:03:50,640 Speaker 1: that first emerged back in twenty thirteen after the acquittal 54 00:03:50,680 --> 00:03:54,280 Speaker 1: of Neighborhood Watch volunteer George Zimmerman, who fatally shot his 55 00:03:54,400 --> 00:03:58,080 Speaker 1: seventeen year old Trayvon Martin in Florida, is what was 56 00:03:58,280 --> 00:04:02,080 Speaker 1: legally ruled a standard ground case. It was the death 57 00:04:02,120 --> 00:04:05,400 Speaker 1: the following year of Michael Brown, who was shot as 58 00:04:05,440 --> 00:04:08,760 Speaker 1: he charged a police officer in Ferguson, Missouri, that made 59 00:04:08,800 --> 00:04:12,280 Speaker 1: the slogan Black Lives Matter a national and later a 60 00:04:12,360 --> 00:04:17,720 Speaker 1: worldwide rallying cry for leftists social justice. So here we 61 00:04:17,800 --> 00:04:21,039 Speaker 1: are now the DOJ seeming to do the job that 62 00:04:21,200 --> 00:04:24,600 Speaker 1: should have been done under the Biden administration, looking into 63 00:04:24,640 --> 00:04:27,560 Speaker 1: the misuse of the donations that were in the name 64 00:04:27,720 --> 00:04:30,320 Speaker 1: of social justice but in reality may have been going 65 00:04:30,400 --> 00:04:33,240 Speaker 1: just to buy luxury houses for the people at the 66 00:04:33,240 --> 00:04:37,719 Speaker 1: top of the Black Lives Matter organization. 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That's Patriotmobile 94 00:06:15,920 --> 00:06:19,960 Speaker 1: dot com slash ferguson or nine seven to two Patriot 95 00:06:20,160 --> 00:06:22,680 Speaker 1: and make the switch and make a difference with every 96 00:06:22,680 --> 00:06:25,920 Speaker 1: call you make. Now, all of this is happening while 97 00:06:25,920 --> 00:06:29,960 Speaker 1: there's another story that is breaking, another shocking story and 98 00:06:30,000 --> 00:06:34,400 Speaker 1: it deals with Jack Smith. Devin Nunyez is now exposing 99 00:06:34,520 --> 00:06:38,400 Speaker 1: Jack Smith and telling us that they sought Trump Media 100 00:06:38,560 --> 00:06:42,640 Speaker 1: bank records, is what we're being told Donald Trump saying 101 00:06:42,880 --> 00:06:47,719 Speaker 1: these thugs should be investigated. Trump Media and Technology Group 102 00:06:47,920 --> 00:06:54,240 Speaker 1: Corporation TMTG CEO and former Congressman Devin Unyez on Thursday 103 00:06:54,279 --> 00:06:59,440 Speaker 1: accused former Special counsel Jack Smith of wilding a shockingly broad, 104 00:07:00,400 --> 00:07:04,840 Speaker 1: secret subpoena for the banking records of the Trump Media Empire, 105 00:07:05,279 --> 00:07:09,840 Speaker 1: despite the company not even existing at the time of 106 00:07:09,880 --> 00:07:16,760 Speaker 1: his underlying investigation. TMTG was among the more than four 107 00:07:16,880 --> 00:07:22,840 Speaker 1: hundred Trump linked individuals in organizations that were spied on 108 00:07:23,160 --> 00:07:27,400 Speaker 1: as part of Special Counsel Jack Smith's investigation of President 109 00:07:27,400 --> 00:07:31,720 Speaker 1: Donald Trump. Specifically, the Smith team issued as shockingly broad 110 00:07:32,280 --> 00:07:35,720 Speaker 1: and secret subpoena for our banking records, Nunez says in 111 00:07:35,760 --> 00:07:39,480 Speaker 1: a statement on True Social saying, quote, this is a 112 00:07:39,560 --> 00:07:44,480 Speaker 1: stunning abuse of power against a private business and are 113 00:07:44,680 --> 00:07:49,960 Speaker 1: hundreds of thousands of retail investors, especially since Trump Media 114 00:07:50,280 --> 00:07:54,040 Speaker 1: did not even exist at the time of the events 115 00:07:54,040 --> 00:07:59,920 Speaker 1: that Jack Smith was supposedly investigating. Nuniez called for answer 116 00:08:00,120 --> 00:08:03,800 Speaker 1: from both the Securities and Exchange Commission, the SEC and 117 00:08:04,160 --> 00:08:07,560 Speaker 1: JP Morgan Chase on whether they were aware of the 118 00:08:07,560 --> 00:08:12,480 Speaker 1: subpoena and whether bank records were actually leaked. According to 119 00:08:12,480 --> 00:08:16,880 Speaker 1: the subpoena issued to JP Morgan Chase, images of which 120 00:08:17,000 --> 00:08:21,440 Speaker 1: nowna is shared on social media platform. The demand covers 121 00:08:21,600 --> 00:08:25,520 Speaker 1: any in all records in your possession, custody or control 122 00:08:26,040 --> 00:08:29,400 Speaker 1: for all accounts and or trust accounts in the name of, 123 00:08:30,040 --> 00:08:33,560 Speaker 1: bearing the signature, authority of, or with the ability to 124 00:08:33,600 --> 00:08:39,280 Speaker 1: be accessed by the named parties below listing TMTG among 125 00:08:39,360 --> 00:08:44,160 Speaker 1: the named entities. The subpoena spans the time period from 126 00:08:44,200 --> 00:08:49,120 Speaker 1: September one, twenty twenty to October thirty, first of twenty 127 00:08:49,240 --> 00:08:53,120 Speaker 1: twenty one, and requests an extensive array of records, including 128 00:08:53,240 --> 00:09:01,360 Speaker 1: checking and saving account statements, opening documents, wire transfers, ach payments, 129 00:09:02,080 --> 00:09:07,679 Speaker 1: credit and debit memos, loan and mortgage payments, safe deposit 130 00:09:07,760 --> 00:09:14,440 Speaker 1: box records, debit card transaction histories, IP addresses, cookie data, 131 00:09:14,920 --> 00:09:19,160 Speaker 1: and other account inquiry metadata. In other words, a full 132 00:09:19,240 --> 00:09:26,240 Speaker 1: blown phishing expedition by the DOJ and the FBI. Meanwhile, 133 00:09:26,520 --> 00:09:30,400 Speaker 1: Smith's investigation, initiated by the Attorney General Meyrick Garland in 134 00:09:30,440 --> 00:09:34,360 Speaker 1: November of twenty twenty two, has drawn intense scrutiny. The 135 00:09:34,400 --> 00:09:39,240 Speaker 1: probe encompasses Trump's handling of classified documents, efforts ay lied 136 00:09:39,320 --> 00:09:43,120 Speaker 1: about to overturn the twenty twenty election, and alleges obstruction of. 137 00:09:43,120 --> 00:09:44,760 Speaker 2: Justice, and other matters. 138 00:09:45,440 --> 00:09:48,839 Speaker 1: In recent weeks, the Senate Judiciary Committee leaked documents showing 139 00:09:48,880 --> 00:09:53,040 Speaker 1: Smith's team issued one hundred and ninety seven subpoenas covering 140 00:09:53,120 --> 00:09:56,880 Speaker 1: at least four hundred and thirty individuals and entities as 141 00:09:56,920 --> 00:10:01,920 Speaker 1: part of an investigation dubbed Arctic Frost GOP. Lawmakers have 142 00:10:02,040 --> 00:10:06,319 Speaker 1: a q Smith of improperly targeting members of Congress and others, 143 00:10:06,679 --> 00:10:10,960 Speaker 1: and Smith's council nonetheless defended the approach as quote entirely 144 00:10:11,040 --> 00:10:15,320 Speaker 1: proper and lawful. We'll see where this goes, but there's 145 00:10:15,320 --> 00:10:18,280 Speaker 1: a very good chance this is the tip of the 146 00:10:18,440 --> 00:10:19,959 Speaker 1: Arctic frost iceberg. 147 00:10:21,559 --> 00:10:23,880 Speaker 2: All right. I want to play for you now something else. 148 00:10:24,000 --> 00:10:26,600 Speaker 1: And this is how we're finding out so much about 149 00:10:26,640 --> 00:10:29,160 Speaker 1: the corruption of Jack Smith and how he sought the 150 00:10:29,200 --> 00:10:32,959 Speaker 1: media record, the Trump media bank records, among others, including 151 00:10:33,000 --> 00:10:36,760 Speaker 1: one hundred and sixty other Republicans that were apparently spied 152 00:10:36,800 --> 00:10:41,120 Speaker 1: on for no damn reason. Gretav Ancestern on Newsmax had 153 00:10:41,200 --> 00:10:44,440 Speaker 1: Jim Jordan on to talk about this, and she started 154 00:10:44,480 --> 00:10:48,000 Speaker 1: with Donald Trump's true social post about what we're now learning. 155 00:10:48,320 --> 00:10:50,600 Speaker 1: I want you to listen closely to this conversation. 156 00:10:51,520 --> 00:10:54,520 Speaker 3: These thugs should all be investigated and put in prison. 157 00:10:54,640 --> 00:10:58,240 Speaker 3: A disgrace to humanity. Deranged Jack Smith is a criminal 158 00:10:58,320 --> 00:11:01,560 Speaker 3: end quote. Shamed of the Houtradition Ury Committee. They released those 159 00:11:01,559 --> 00:11:04,560 Speaker 3: fileshile carsman. Jim Jordan joins me, good, you means, sir, 160 00:11:04,920 --> 00:11:08,080 Speaker 3: and do have all the FBI files on this? 161 00:11:08,559 --> 00:11:10,840 Speaker 2: Well, we hope, but we're going to continue to work with. 162 00:11:10,800 --> 00:11:13,600 Speaker 4: Director Patel and get every piece of information we can. 163 00:11:14,400 --> 00:11:17,680 Speaker 4: God blessed Cash and of course Pam Bondi, because they've 164 00:11:17,679 --> 00:11:21,000 Speaker 4: been night and day. Difference between them and what we 165 00:11:21,040 --> 00:11:23,720 Speaker 4: have with Merrick Garland and Christopher Ray. I think the 166 00:11:23,720 --> 00:11:27,280 Speaker 4: big takeaway here is how much broader and more expansive 167 00:11:27,400 --> 00:11:30,160 Speaker 4: this was. It wasn't just that they took the phone 168 00:11:30,520 --> 00:11:32,720 Speaker 4: of a sitting member of Congress when they took Scott 169 00:11:32,760 --> 00:11:35,960 Speaker 4: Perry's phone. It wasn't just that they spied on eight 170 00:11:36,120 --> 00:11:39,360 Speaker 4: United States senators. Now we learn it's over one hundred 171 00:11:39,360 --> 00:11:42,719 Speaker 4: and fifty individuals, key people in the Trump administration, keep 172 00:11:42,800 --> 00:11:47,640 Speaker 4: people that they went after getting communications, phone records, bank records, 173 00:11:47,840 --> 00:11:50,680 Speaker 4: all kinds of things they were going after. This is 174 00:11:50,720 --> 00:11:54,040 Speaker 4: how expansive Artie Frost started out, and how it even 175 00:11:54,160 --> 00:11:57,840 Speaker 4: expanded even more when Jack Smith was named special counsel 176 00:11:57,880 --> 00:12:00,400 Speaker 4: and when he took over the investigation, and finally I 177 00:12:00,440 --> 00:12:02,160 Speaker 4: would say this, Greta, this is why we want to 178 00:12:02,200 --> 00:12:04,679 Speaker 4: talk to Jack Smith. Why we've asked him to come 179 00:12:04,679 --> 00:12:08,520 Speaker 4: in for a deposition as soon as possible. We got 180 00:12:08,559 --> 00:12:10,880 Speaker 4: to ask him questions because we've already deposed two of 181 00:12:10,880 --> 00:12:14,440 Speaker 4: his deputies, and they took the fifth seventy one and 182 00:12:14,520 --> 00:12:18,120 Speaker 4: seventy three times mister Bratt and mister Wyndham exercised their 183 00:12:18,120 --> 00:12:22,040 Speaker 4: fift Amendment liberties. Wouldn't answer questions like was this all political? 184 00:12:22,040 --> 00:12:24,680 Speaker 4: Were you going after this to undermine and hurt President 185 00:12:24,720 --> 00:12:27,720 Speaker 4: Trump in a political way? How about any other people 186 00:12:27,840 --> 00:12:30,640 Speaker 4: you surveilled or spied on that in addition to the 187 00:12:30,679 --> 00:12:33,680 Speaker 4: eight United States Senators. Both of those questions they wouldn't answer. 188 00:12:34,120 --> 00:12:35,920 Speaker 4: So we want to talk to Jack Smith, the guy 189 00:12:35,920 --> 00:12:38,560 Speaker 4: who ran the investigation, find out what kind of answers 190 00:12:38,559 --> 00:12:39,120 Speaker 4: he'll give us. 191 00:12:40,400 --> 00:12:43,080 Speaker 3: Do when they went after all these records of these people. 192 00:12:43,600 --> 00:12:45,800 Speaker 3: Did they have a warrant? Did they get one from 193 00:12:45,800 --> 00:12:48,000 Speaker 3: the grand jury or assigned warrant from a judge? Do 194 00:12:48,040 --> 00:12:51,199 Speaker 3: they have a warrant or were they just being cowboys 195 00:12:51,240 --> 00:12:54,920 Speaker 3: and going through these people, these records of these the targets. 196 00:12:55,679 --> 00:12:58,360 Speaker 4: Again, questions will ask. I think they did have a warrant. 197 00:12:58,440 --> 00:13:00,800 Speaker 4: I think they moved that way. But we want to 198 00:13:00,880 --> 00:13:01,960 Speaker 4: we want to figure. 199 00:13:01,720 --> 00:13:02,600 Speaker 2: All this out. 200 00:13:03,920 --> 00:13:06,000 Speaker 4: We knew that Jack Smith had, you know, put the 201 00:13:06,000 --> 00:13:08,600 Speaker 4: gagolder in President Trump. We knew we had raided Mara Lago. 202 00:13:08,640 --> 00:13:11,600 Speaker 4: We knew that one of one of Jack Smith's deputies 203 00:13:12,040 --> 00:13:15,360 Speaker 4: confronted a lawyer for one of the defendants and looked 204 00:13:15,360 --> 00:13:17,200 Speaker 4: like the offered him. He was kind of almost a 205 00:13:17,240 --> 00:13:19,400 Speaker 4: bribe situation. He said, we thought you were interested in 206 00:13:19,400 --> 00:13:21,640 Speaker 4: this judge position. We didn't know you were a Trump guy, 207 00:13:22,000 --> 00:13:24,319 Speaker 4: you know, kind of hint hint, wink wink. When when 208 00:13:24,360 --> 00:13:27,280 Speaker 4: they talked to Stanley Woodward. Uh So there's all this 209 00:13:27,400 --> 00:13:29,480 Speaker 4: that went on, But the big takeaways for me are 210 00:13:29,559 --> 00:13:32,160 Speaker 4: eight United States senators, a sitting member of Congress they 211 00:13:32,200 --> 00:13:34,600 Speaker 4: took the phone up, and two of his deputies who 212 00:13:34,640 --> 00:13:38,640 Speaker 4: we've already deposed who wouldn't answer our questions. So that's 213 00:13:38,679 --> 00:13:39,840 Speaker 4: why we want to talk to Jack Smith. 214 00:13:40,080 --> 00:13:40,320 Speaker 2: You know what. 215 00:13:40,360 --> 00:13:43,200 Speaker 3: The other thing choices when you look at the breath 216 00:13:43,200 --> 00:13:45,280 Speaker 3: of investigation like this with you know, over one hundred 217 00:13:45,280 --> 00:13:47,040 Speaker 3: and fifty or even if you go to the lower 218 00:13:47,120 --> 00:13:49,880 Speaker 3: number that you just you just listed, is that they 219 00:13:49,880 --> 00:13:52,360 Speaker 3: didn't indict or charge any of these people. So you 220 00:13:52,400 --> 00:13:54,400 Speaker 3: get sort of the idea that they were just looking 221 00:13:54,440 --> 00:13:57,320 Speaker 3: for every thing every place you know that you know, 222 00:13:57,559 --> 00:13:59,680 Speaker 3: you know what could possibly be a legitimate reason if 223 00:13:59,720 --> 00:14:02,400 Speaker 3: they did, if they didn't strike gold on anybody. 224 00:14:03,280 --> 00:14:05,800 Speaker 4: Yeah, I think you're I think you're right they were. 225 00:14:06,040 --> 00:14:08,560 Speaker 4: I think this was political. I think this was the 226 00:14:08,679 --> 00:14:10,880 Speaker 4: left saying we're going to go after these people. We're 227 00:14:10,880 --> 00:14:15,480 Speaker 4: going to use this whole alternative elector uh reason as 228 00:14:15,559 --> 00:14:18,680 Speaker 4: as the basis for why we're doing this investigation. We 229 00:14:18,760 --> 00:14:22,360 Speaker 4: saw the one email, but between it looked like between 230 00:14:22,400 --> 00:14:25,600 Speaker 4: an agent and and a and a source talking about 231 00:14:25,680 --> 00:14:28,760 Speaker 4: former Cheapest staff Mark Meadows was involved in some kind 232 00:14:28,800 --> 00:14:33,000 Speaker 4: of treasonous activity which was just ridiculous. So this was 233 00:14:33,080 --> 00:14:35,520 Speaker 4: the mindset. I think it also gets to that who 234 00:14:35,520 --> 00:14:37,800 Speaker 4: are these folks in the FBI who were putting these 235 00:14:37,800 --> 00:14:41,960 Speaker 4: emails together saying that there's there's there's reason to believe 236 00:14:42,280 --> 00:14:44,440 Speaker 4: that the cheapest staff to the President of the United 237 00:14:44,480 --> 00:14:47,960 Speaker 4: States was engaged in treasonous behavior. That's just ridiculous. 238 00:14:48,320 --> 00:14:51,120 Speaker 2: But that reason, and it makes no sense. 239 00:14:52,120 --> 00:14:53,800 Speaker 3: I hate them when they use reason to believe. Okay, 240 00:14:54,040 --> 00:14:56,480 Speaker 3: the documents that you believe had a lot of black 241 00:14:56,520 --> 00:14:59,080 Speaker 3: spots on them, a lot of redactions. Is that something 242 00:14:59,120 --> 00:15:01,240 Speaker 3: you did or the f the FBI did. And the 243 00:15:01,280 --> 00:15:03,760 Speaker 3: reason that matters is because you really can't read those 244 00:15:03,800 --> 00:15:06,520 Speaker 3: documents unless, I mean, you know, for full transparency. Why 245 00:15:06,600 --> 00:15:09,320 Speaker 3: is everything being kept a secret? Basically, there's no I mean, 246 00:15:09,640 --> 00:15:12,200 Speaker 3: if we want to uncover what happened, you know, to 247 00:15:12,200 --> 00:15:14,480 Speaker 3: give it, you know, put to find out if anything 248 00:15:14,520 --> 00:15:16,600 Speaker 3: dirty was done. We really need this. We need to 249 00:15:16,600 --> 00:15:18,920 Speaker 3: be able to read everything, and nobody should be running 250 00:15:18,920 --> 00:15:20,520 Speaker 3: for cover with doing redactions. 251 00:15:21,120 --> 00:15:23,280 Speaker 4: We didn't put the redactions on. That's how they came 252 00:15:23,280 --> 00:15:26,560 Speaker 4: from the Justice Department. You're right, we need to have 253 00:15:26,680 --> 00:15:28,240 Speaker 4: we need to be able to read it all in 254 00:15:28,320 --> 00:15:31,560 Speaker 4: full context. But I would go a step further and 255 00:15:31,600 --> 00:15:34,080 Speaker 4: say the name's under there. I actually want to ask 256 00:15:34,200 --> 00:15:37,000 Speaker 4: them questions. I want to find out like, who's this 257 00:15:37,320 --> 00:15:39,960 Speaker 4: source giving this? Look to me when I read it, it 258 00:15:40,000 --> 00:15:42,960 Speaker 4: looks like under the redaction to be the source and 259 00:15:43,000 --> 00:15:45,680 Speaker 4: then the agent who's getting the information. I want to 260 00:15:45,680 --> 00:15:47,280 Speaker 4: know who that source is. I want to know who 261 00:15:47,280 --> 00:15:50,320 Speaker 4: that agent is saying these ridiculous things that get put 262 00:15:50,320 --> 00:15:52,640 Speaker 4: in an email and sent to someone else as part 263 00:15:52,680 --> 00:15:55,400 Speaker 4: of this investigation. So I think it's even more than that, 264 00:15:55,520 --> 00:15:57,760 Speaker 4: not just who those what those names are. I want 265 00:15:57,760 --> 00:15:59,800 Speaker 4: to talk to those people. I want to ask them questions. 266 00:16:00,120 --> 00:16:01,720 Speaker 4: So that's that's where I think we try to go next. 267 00:16:01,760 --> 00:16:04,400 Speaker 3: Well, that's the starter, the starters, to find out who 268 00:16:04,400 --> 00:16:07,440 Speaker 3: they are? Were the redactions done during the Trump administration 269 00:16:07,600 --> 00:16:10,880 Speaker 3: or during the the Brenda Biden administration or the Trump administration? 270 00:16:11,520 --> 00:16:13,840 Speaker 3: And who? I mean, who is it? Some someone up 271 00:16:13,880 --> 00:16:16,320 Speaker 3: in some room with a big black marker someplace? I mean, 272 00:16:16,320 --> 00:16:17,440 Speaker 3: who's doing these things? 273 00:16:17,560 --> 00:16:17,720 Speaker 5: Well? 274 00:16:17,920 --> 00:16:21,360 Speaker 4: I think it's just I think got standard practice at the. 275 00:16:21,280 --> 00:16:23,360 Speaker 3: Justice which is which is not good? 276 00:16:23,920 --> 00:16:24,720 Speaker 5: That's good? 277 00:16:24,880 --> 00:16:27,200 Speaker 4: I mean, And I don't know which one. I don't 278 00:16:27,200 --> 00:16:29,520 Speaker 4: know which FBI did it. My my gut tells me 279 00:16:29,560 --> 00:16:33,240 Speaker 4: it was probably That's how the documents were in the 280 00:16:33,440 --> 00:16:37,120 Speaker 4: ray FBI that director Patel has gotten his hands on 281 00:16:37,240 --> 00:16:39,520 Speaker 4: now and giving to us. But I don't know that, 282 00:16:39,560 --> 00:16:42,479 Speaker 4: but that'd be my guest. But my my, my understanding 283 00:16:42,520 --> 00:16:46,120 Speaker 4: is that's just standard names, uh, phone numbers of agents, 284 00:16:46,120 --> 00:16:48,200 Speaker 4: phone numbers and courses names and sort of that's just. 285 00:16:48,120 --> 00:16:49,040 Speaker 2: Standard how they do it. 286 00:16:49,080 --> 00:16:51,600 Speaker 4: But we want to know now because we saw how 287 00:16:51,640 --> 00:16:53,880 Speaker 4: broad and how expansive this is. We want to know 288 00:16:53,880 --> 00:16:56,080 Speaker 4: who those people are so we can ask them questions. 289 00:16:56,960 --> 00:16:59,760 Speaker 3: Well, if you're then involved in investigation, especially a government person, 290 00:17:00,040 --> 00:17:02,200 Speaker 3: of your name not blackened out, so that we can 291 00:17:02,280 --> 00:17:04,000 Speaker 3: see who it is, we can see who's doing what 292 00:17:04,359 --> 00:17:06,399 Speaker 3: I get if it's a confidential source, it's going to 293 00:17:06,440 --> 00:17:08,560 Speaker 3: get shot on the street or something if we reveal it. 294 00:17:08,880 --> 00:17:11,439 Speaker 3: But the fact that some way and I'm told, I'm 295 00:17:11,480 --> 00:17:13,320 Speaker 3: always told that's the way it's done, well, that's never 296 00:17:13,400 --> 00:17:15,720 Speaker 3: satisfied me because that usually means it's sort of like, 297 00:17:15,720 --> 00:17:18,040 Speaker 3: welly things are classified in this town because that's the 298 00:17:18,080 --> 00:17:20,840 Speaker 3: way it's done. But that's where the lack of transparency, you. 299 00:17:20,760 --> 00:17:21,679 Speaker 5: Know, And we could get to that. 300 00:17:21,720 --> 00:17:23,840 Speaker 3: We could get to the end of this very quickly 301 00:17:24,200 --> 00:17:26,680 Speaker 3: if we could read everything and see it, and even 302 00:17:26,720 --> 00:17:28,560 Speaker 3: if they turned it over to you unredacted, it would 303 00:17:28,600 --> 00:17:30,200 Speaker 3: be good. I mean, I realized maybe it won't turn 304 00:17:30,240 --> 00:17:31,960 Speaker 3: it into the public. But you know, I don't know 305 00:17:31,960 --> 00:17:34,119 Speaker 3: how you do an investigation when you can't get all 306 00:17:34,160 --> 00:17:34,680 Speaker 3: the material. 307 00:17:35,240 --> 00:17:37,679 Speaker 4: Well, we're working on finding out what the name is 308 00:17:37,760 --> 00:17:40,800 Speaker 4: underneath those those those those black lines. We want to 309 00:17:40,840 --> 00:17:42,919 Speaker 4: know who the name is or what the name is. 310 00:17:42,920 --> 00:17:44,720 Speaker 4: We want to know who that individual is. So again 311 00:17:44,800 --> 00:17:46,919 Speaker 4: we can we can ask them questions like where did 312 00:17:46,920 --> 00:17:49,479 Speaker 4: the I think, particularly that the email I keep citing, 313 00:17:49,680 --> 00:17:51,239 Speaker 4: I won't know who that source is because I think 314 00:17:51,280 --> 00:17:54,520 Speaker 4: it's the source that they were using. Who was the 315 00:17:54,560 --> 00:17:58,760 Speaker 4: person alleging that the former chiefest staff was engaged? That's 316 00:17:58,800 --> 00:18:00,960 Speaker 4: just just the most ridicult thing I've ever heard. 317 00:18:01,040 --> 00:18:02,680 Speaker 3: Well do you know what though, But it's a little 318 00:18:02,680 --> 00:18:04,680 Speaker 3: bit like when they were using that guy Steel as 319 00:18:04,720 --> 00:18:06,639 Speaker 3: a source. They kept using it wouldn't tell but if 320 00:18:06,640 --> 00:18:09,119 Speaker 3: anyone had pulled, if anyone had investigated Steel, you wouldn't 321 00:18:09,119 --> 00:18:10,119 Speaker 3: have used him as a source. 322 00:18:10,720 --> 00:18:10,919 Speaker 2: You know. 323 00:18:11,000 --> 00:18:13,040 Speaker 3: But if you just say the person's a source and 324 00:18:13,080 --> 00:18:15,320 Speaker 3: black it out, there's no way to challenge whether it's 325 00:18:15,359 --> 00:18:17,879 Speaker 3: someone who has good information or it's someone's got an 326 00:18:17,880 --> 00:18:19,720 Speaker 3: ax to grind or whatever. 327 00:18:19,840 --> 00:18:22,760 Speaker 4: You know that's that's right not to and not to 328 00:18:22,800 --> 00:18:25,760 Speaker 4: mention the sub sources that Steele was using, who would 329 00:18:25,760 --> 00:18:28,159 Speaker 4: just further complicates it means there's more lies than that 330 00:18:28,280 --> 00:18:31,080 Speaker 4: ridiculous dossier that they relied on to get warrants to 331 00:18:31,080 --> 00:18:33,000 Speaker 4: go spaw on a presidential campaign. 332 00:18:33,000 --> 00:18:34,159 Speaker 2: No great point. 333 00:18:34,480 --> 00:18:38,919 Speaker 4: And it's again, this all now has come all getting exposed, 334 00:18:39,040 --> 00:18:42,320 Speaker 4: goes clear back to twenty sixteen when they spied it. 335 00:18:42,400 --> 00:18:44,760 Speaker 4: That's when it all started, and we're starting to unravel 336 00:18:44,800 --> 00:18:45,240 Speaker 4: at all. 337 00:18:45,560 --> 00:18:47,280 Speaker 2: So that and the reason we want to unravel it 338 00:18:47,320 --> 00:18:47,560 Speaker 2: all and. 339 00:18:47,520 --> 00:18:50,240 Speaker 4: Hold people accountable is so that it doesn't happen again. 340 00:18:51,359 --> 00:18:53,359 Speaker 3: Well, if I were if I were a government employer 341 00:18:53,440 --> 00:18:55,160 Speaker 3: or anybody, and I found out that they were doing 342 00:18:55,160 --> 00:18:57,119 Speaker 3: that to me without a warrant from a judge or 343 00:18:57,119 --> 00:18:59,800 Speaker 3: from a grand jury, I would sue from a constitution 344 00:18:59,880 --> 00:19:02,199 Speaker 3: r it's been violated because I tell you one thing. 345 00:19:02,240 --> 00:19:03,600 Speaker 3: You get, first of all, you get a big chunk 346 00:19:03,640 --> 00:19:05,359 Speaker 3: of change on the government. Secondly, you get a lot 347 00:19:05,400 --> 00:19:08,119 Speaker 3: of discovery, you get a lot of information, you know, 348 00:19:08,200 --> 00:19:10,280 Speaker 3: and we find out what the government is doing and 349 00:19:10,320 --> 00:19:12,520 Speaker 3: not doing. Chairman Jim Jordan, thanks sir. 350 00:19:12,840 --> 00:19:14,840 Speaker 1: You listen to Jim Jordan there and you hear what 351 00:19:14,880 --> 00:19:17,200 Speaker 1: he had to say. It is truly incredible they were 352 00:19:17,200 --> 00:19:20,440 Speaker 1: able to do this and abuse the power of the government. 353 00:19:20,760 --> 00:19:23,520 Speaker 1: The good news is Donald Trump is making it very 354 00:19:23,520 --> 00:19:26,880 Speaker 1: clear there's going to be accountability for people that abuse 355 00:19:27,160 --> 00:19:32,080 Speaker 1: their power in the last administration or any administration if 356 00:19:32,119 --> 00:19:37,479 Speaker 1: there's evidence of major wrongdoing. You may have noticed that 357 00:19:37,600 --> 00:19:40,800 Speaker 1: the Fed met and they did something with interest rates. 358 00:19:41,240 --> 00:19:42,680 Speaker 2: It has now had a pretty. 359 00:19:42,359 --> 00:19:46,080 Speaker 1: Big impact on the market and that includes gold and silver. 360 00:19:46,640 --> 00:19:48,480 Speaker 1: Joining me now to talk about what this can mean 361 00:19:48,520 --> 00:19:51,200 Speaker 1: for your retirement. Your four oh one k is Kurt 362 00:19:51,240 --> 00:19:53,920 Speaker 1: Elliott with Kurt Elliott Precious Metals. Kurt, So, the Fed 363 00:19:54,320 --> 00:19:57,160 Speaker 1: did what Donald Trump has been asking for and saying 364 00:19:57,240 --> 00:20:00,359 Speaker 1: is long overdue. They cut interest rates again again by 365 00:20:00,359 --> 00:20:03,159 Speaker 1: another quarter point. That is good news and theory for 366 00:20:03,280 --> 00:20:06,240 Speaker 1: a lot of Americans. What is it doing in the markets? 367 00:20:06,280 --> 00:20:07,720 Speaker 1: What's it doing with gold and silver? 368 00:20:08,080 --> 00:20:11,720 Speaker 5: Well, whenever you lower interest rates, it should stimulate the economy, 369 00:20:11,800 --> 00:20:13,960 Speaker 5: right then, I mean, this is this is why Trump 370 00:20:14,080 --> 00:20:18,320 Speaker 5: wants it done. He knows this and it did just that. 371 00:20:19,040 --> 00:20:24,920 Speaker 5: So so gold and silver doing really well. Silver had 372 00:20:25,000 --> 00:20:28,439 Speaker 5: come off of its high last week. It hit fifty 373 00:20:28,480 --> 00:20:33,560 Speaker 5: four dollars an ounce very overbought. Literally technically it was 374 00:20:33,800 --> 00:20:37,120 Speaker 5: very overbought because it went up so fast, so furious. 375 00:20:37,600 --> 00:20:40,119 Speaker 5: You know, it is up about nineteen percent in two weeks. 376 00:20:40,440 --> 00:20:43,720 Speaker 5: Then it needed to correct, right, So it came down 377 00:20:44,320 --> 00:20:46,720 Speaker 5: five dollars in a matter of four or five days, 378 00:20:47,440 --> 00:20:51,440 Speaker 5: and people thought, oh the world isn't what's up? Silver 379 00:20:51,520 --> 00:20:54,480 Speaker 5: is supposed to go up, you know what it is 380 00:20:54,600 --> 00:20:58,520 Speaker 5: because the bed lowered interest rates. Gold and silver respond 381 00:20:58,840 --> 00:21:03,560 Speaker 5: very well to interest rate reductions because for silver, that 382 00:21:03,640 --> 00:21:05,919 Speaker 5: means the economy is going to grow. Right, It's like 383 00:21:06,040 --> 00:21:08,360 Speaker 5: when when you lower the cost of borrowing, when you 384 00:21:08,560 --> 00:21:10,960 Speaker 5: when you lower that, people are going to spend more. 385 00:21:11,359 --> 00:21:15,480 Speaker 5: And silver more than anything. Is a is a manufacturing medal, 386 00:21:15,520 --> 00:21:18,080 Speaker 5: not a financial metal like gold. It's a it's a 387 00:21:18,160 --> 00:21:21,760 Speaker 5: manufacturing medal. So the propensity for growth, for usage, for 388 00:21:21,880 --> 00:21:25,560 Speaker 5: extra demand is there. And silver did the turnaround and 389 00:21:25,640 --> 00:21:29,719 Speaker 5: it's honest, way back up again. I mean, these these 390 00:21:29,920 --> 00:21:34,479 Speaker 5: markets spend, these precious metals markets are like buoys in 391 00:21:34,520 --> 00:21:37,520 Speaker 5: the ocean. You just can't keep them down. 392 00:21:37,440 --> 00:21:41,719 Speaker 1: Right now, It's it really is incredible, and it's like 393 00:21:41,800 --> 00:21:43,919 Speaker 1: you said, this is a world trading market. 394 00:21:43,920 --> 00:21:45,119 Speaker 2: When it comes to gold and silver. 395 00:21:45,480 --> 00:21:47,679 Speaker 1: There's also some changes that are coming to how you 396 00:21:47,720 --> 00:21:50,320 Speaker 1: can can invest in and deal with gold and silver 397 00:21:50,359 --> 00:21:53,560 Speaker 1: in your retirement account. That deadliner or that that I 398 00:21:53,560 --> 00:21:55,920 Speaker 1: guess door opening is coming very soon, and so there 399 00:21:55,920 --> 00:21:58,000 Speaker 1: also seems to be a lot of movement there as well. 400 00:21:58,600 --> 00:22:01,560 Speaker 5: A lot of movement, and that's part of the demand, 401 00:22:01,680 --> 00:22:05,679 Speaker 5: right because once that happens the first week in February, 402 00:22:05,680 --> 00:22:10,080 Speaker 5: when when you know for your listeners who don't know, 403 00:22:10,160 --> 00:22:14,040 Speaker 5: it's part of the executive order signed on August seventh 404 00:22:14,119 --> 00:22:17,639 Speaker 5: to democratization of alternative assets. In four to one case, 405 00:22:17,960 --> 00:22:22,080 Speaker 5: it's going to allow cryptocurrency direct and indirect ownership of commodities, 406 00:22:22,080 --> 00:22:24,960 Speaker 5: which golden silver is a commodity, and real estate in 407 00:22:25,000 --> 00:22:27,760 Speaker 5: a four to oh one k then it's a twelve 408 00:22:27,800 --> 00:22:31,800 Speaker 5: trillion dollar market like we've talked about before. So people, 409 00:22:32,000 --> 00:22:36,080 Speaker 5: if you wait until after that kind of marketplace opens 410 00:22:36,119 --> 00:22:40,400 Speaker 5: its door, well, prices are going to be way high. Right. 411 00:22:40,480 --> 00:22:43,320 Speaker 5: So people are getting in now in anticipation of that. 412 00:22:43,359 --> 00:22:46,320 Speaker 5: And that's one thing that I tell investors all the 413 00:22:46,359 --> 00:22:50,119 Speaker 5: time is I would rather be one or two or 414 00:22:50,119 --> 00:22:53,320 Speaker 5: three months early than a day late. And something as 415 00:22:53,440 --> 00:22:58,760 Speaker 5: fundamentally massive as This is it's always better to be 416 00:22:58,840 --> 00:23:02,120 Speaker 5: early than a day late because daylight you might run 417 00:23:02,119 --> 00:23:04,439 Speaker 5: out of inventory. You don't know what's going to happen. 418 00:23:04,480 --> 00:23:08,199 Speaker 5: In fact, London, we have to remember this. In the 419 00:23:08,200 --> 00:23:12,720 Speaker 5: financial world, financial world and in the precious metals world, 420 00:23:13,240 --> 00:23:17,520 Speaker 5: all roads lead to London. They do for every single country. 421 00:23:17,560 --> 00:23:21,399 Speaker 5: All roads lead to London. Well, London is for all 422 00:23:21,480 --> 00:23:26,680 Speaker 5: intents and purposes out of silver. They've depleted their free 423 00:23:26,680 --> 00:23:31,320 Speaker 5: flow silver supply. Well, you know, for investors say, okay, 424 00:23:31,320 --> 00:23:33,639 Speaker 5: we can lock in silver prices, but maybe it's going 425 00:23:33,720 --> 00:23:38,200 Speaker 5: to be delayed delivery because refineries now are basically going 426 00:23:38,240 --> 00:23:41,639 Speaker 5: flat inventory. They're not holding anything because the cost of 427 00:23:41,720 --> 00:23:45,920 Speaker 5: carrying is too high, so they're manufacturing on demand. This 428 00:23:45,960 --> 00:23:51,639 Speaker 5: is where it gets tricky, Ben. That doesn't work. If 429 00:23:51,720 --> 00:23:56,000 Speaker 5: you're Tesla or Lockheed Martin and you're making missiles and torpedoes, 430 00:23:56,080 --> 00:23:59,280 Speaker 5: or your Sony and you're making flat screen TVs, having 431 00:23:59,280 --> 00:24:02,840 Speaker 5: a one to two delay in delivery times because the 432 00:24:02,920 --> 00:24:07,560 Speaker 5: exchange is out could mean the life or death of 433 00:24:07,600 --> 00:24:10,440 Speaker 5: their company. Or if you're an investor, yeah, it's to 434 00:24:10,480 --> 00:24:12,480 Speaker 5: pain points at stressful. It's like, am I ever going 435 00:24:12,560 --> 00:24:16,280 Speaker 5: to get myself? It's different when you're talking about a company. 436 00:24:16,320 --> 00:24:19,840 Speaker 5: So what are they going to do when London runs out? 437 00:24:20,200 --> 00:24:23,760 Speaker 5: I have a feeling they're going to start going directly 438 00:24:23,920 --> 00:24:26,480 Speaker 5: to the source. They're going to go to the refineries 439 00:24:26,520 --> 00:24:28,720 Speaker 5: of the world and say, hey, look, we don't if 440 00:24:28,760 --> 00:24:31,160 Speaker 5: at silver sixty dollars ounce, we're going to offer eighty, 441 00:24:31,400 --> 00:24:33,639 Speaker 5: we'll offer one hundred, we'll offer one hundred and twenty. 442 00:24:33,720 --> 00:24:36,960 Speaker 5: We need to be at the top of the queue 443 00:24:37,400 --> 00:24:39,000 Speaker 5: because we're not going to pay for it, We're just 444 00:24:39,040 --> 00:24:41,199 Speaker 5: going to pass it on to the consumer. This is 445 00:24:41,359 --> 00:24:45,480 Speaker 5: economics one oh one, and it's the lifeblood of your 446 00:24:45,640 --> 00:24:49,600 Speaker 5: company needs a commodity that the exchange ran out of, 447 00:24:50,119 --> 00:24:53,960 Speaker 5: They're going to skip the exchange and go directly to 448 00:24:54,040 --> 00:24:57,439 Speaker 5: the source, the refinery and get it that way because 449 00:24:57,480 --> 00:25:00,400 Speaker 5: the lifeblood of the company depends on it. I mean, 450 00:25:00,480 --> 00:25:04,520 Speaker 5: this is what happens in an industrialized world where silver 451 00:25:04,640 --> 00:25:08,840 Speaker 5: is needed for electronics and aichifs and cryptocurrency mining and 452 00:25:08,880 --> 00:25:14,000 Speaker 5: electronics and electric vehicles and everything that we use right now, 453 00:25:14,680 --> 00:25:18,040 Speaker 5: if you don't have it, you don't have the product, 454 00:25:18,040 --> 00:25:22,200 Speaker 5: and those companies can't manufacture, so they will find it, 455 00:25:22,600 --> 00:25:26,280 Speaker 5: and we as holders get to ultimately sell into that strength. 456 00:25:26,359 --> 00:25:28,560 Speaker 5: And that's the amazing part of all of this. To me, 457 00:25:28,600 --> 00:25:32,280 Speaker 5: there's hope in this message. 458 00:25:32,200 --> 00:25:34,080 Speaker 2: And hope is the other aspect of this. 459 00:25:34,119 --> 00:25:37,239 Speaker 1: I think that people are really wanting to ask, is 460 00:25:37,400 --> 00:25:41,159 Speaker 1: looking forward in the future, where do we see, for example, 461 00:25:41,240 --> 00:25:44,240 Speaker 1: gold and silver going knowing that there is a lack 462 00:25:44,280 --> 00:25:46,120 Speaker 1: of silver in different parts of the world right now, 463 00:25:46,119 --> 00:25:48,439 Speaker 1: and it's being bought up for so many different things. 464 00:25:49,960 --> 00:25:52,119 Speaker 5: Yeah, I mean, it's being bought up for everything that 465 00:25:52,160 --> 00:25:54,880 Speaker 5: we just mentioned. But we're still in a war torn economy, right, 466 00:25:54,920 --> 00:25:57,919 Speaker 5: This is a war economy that we're in. When you 467 00:25:57,960 --> 00:26:01,280 Speaker 5: look at what's happening with Russian and in the Middle East, 468 00:26:01,359 --> 00:26:05,840 Speaker 5: and I mean, so missiles and torpedoes need silver, nuclear 469 00:26:05,840 --> 00:26:09,280 Speaker 5: power needs silver, solar power needs silver, electric vehicles need silver. 470 00:26:09,680 --> 00:26:12,920 Speaker 5: All electronic circuit boards and AI chips need silver. Right. 471 00:26:13,000 --> 00:26:16,400 Speaker 5: So it's like, I don't see any of those things 472 00:26:16,560 --> 00:26:20,840 Speaker 5: diminishing in demand. In fact, I only see them increasing 473 00:26:20,880 --> 00:26:24,600 Speaker 5: in demand. It's like, oh, wait, there's a problem. Supply 474 00:26:24,760 --> 00:26:31,600 Speaker 5: isn't increasing. Supply is actually diminishing, right, So when you 475 00:26:31,640 --> 00:26:35,560 Speaker 5: when you look at what's happening London being out of 476 00:26:35,680 --> 00:26:39,000 Speaker 5: silver because they have to now buy it on the 477 00:26:39,040 --> 00:26:42,680 Speaker 5: open market to fulfill the over selling that they've done. 478 00:26:42,760 --> 00:26:45,960 Speaker 5: This is how they've manipulated the markets for decades. This 479 00:26:46,040 --> 00:26:49,160 Speaker 5: is not a new thing. Then what's new is they've 480 00:26:49,200 --> 00:26:52,720 Speaker 5: actually run out. You can't manipulate something where you have 481 00:26:52,800 --> 00:26:56,919 Speaker 5: no inventory, because if somebody wants it, you could say, oh, 482 00:26:56,920 --> 00:26:58,960 Speaker 5: well play with the paper price, we'll short it, we'll 483 00:26:59,000 --> 00:27:01,840 Speaker 5: do this, we'll do that. But ultimately, if you have 484 00:27:01,960 --> 00:27:05,439 Speaker 5: no inventory and there's an exchange for physicals and the 485 00:27:05,480 --> 00:27:08,600 Speaker 5: manufacturers of the world needed, they're going to start offering 486 00:27:08,680 --> 00:27:14,359 Speaker 5: any price and London could go bankrupt over this. By London, 487 00:27:14,400 --> 00:27:18,240 Speaker 5: I'm talking about the LBMA, the London Boyant Marketing Association, 488 00:27:18,520 --> 00:27:23,719 Speaker 5: where all the metals are stored. Well does China care? Literally, 489 00:27:23,760 --> 00:27:26,159 Speaker 5: this is a question we ask ourselves, Well, why wouldn't 490 00:27:26,200 --> 00:27:29,040 Speaker 5: they just sell They have silver, they've been buying it 491 00:27:29,080 --> 00:27:32,600 Speaker 5: so as comat Sills India. But all roads lead to London. 492 00:27:32,880 --> 00:27:36,040 Speaker 5: If it's not in the right place, it can't be fulfilled. 493 00:27:36,359 --> 00:27:39,240 Speaker 5: So why don't they release it? Well, because maybe they 494 00:27:39,320 --> 00:27:44,199 Speaker 5: want to squeeze London out of business. Maybe they want 495 00:27:44,240 --> 00:27:47,520 Speaker 5: to say, hey, look we want to take over the 496 00:27:47,520 --> 00:27:50,480 Speaker 5: Western financial banking system. We want to take over the 497 00:27:50,680 --> 00:27:53,760 Speaker 5: supplies of gold and silver and that supply chain globally 498 00:27:54,119 --> 00:27:57,080 Speaker 5: and have it go to the Shanghai gold extent. So 499 00:27:57,240 --> 00:27:59,520 Speaker 5: I don't think that China is in this for profit. 500 00:27:59,600 --> 00:28:02,679 Speaker 5: I think are in this to destroy London as the 501 00:28:02,720 --> 00:28:04,919 Speaker 5: gold and silver capital of the world, and they're doing 502 00:28:04,960 --> 00:28:06,040 Speaker 5: a pretty good job at it. 503 00:28:07,640 --> 00:28:10,600 Speaker 1: Yeah, they really are finally for this And for anybody 504 00:28:10,600 --> 00:28:12,800 Speaker 1: listening right now, if you want to get more information 505 00:28:12,920 --> 00:28:14,800 Speaker 1: about what we're talking about here, you can go to 506 00:28:15,560 --> 00:28:20,000 Speaker 1: k e PM dot com, Kurt Elliott Precious Metals k 507 00:28:20,119 --> 00:28:23,919 Speaker 1: e PM dot com Kurt. When you're looking into the 508 00:28:23,920 --> 00:28:27,359 Speaker 1: holidays here, what traditionally do you see with gold and 509 00:28:27,359 --> 00:28:30,440 Speaker 1: silver over the holidays? And also if you combine that 510 00:28:30,520 --> 00:28:32,880 Speaker 1: in with the rules that are about to change retirement accounts, 511 00:28:32,920 --> 00:28:34,920 Speaker 1: it's going to change when it comes to crypto and 512 00:28:35,200 --> 00:28:38,040 Speaker 1: also gold and silver. Is that going to change things 513 00:28:38,040 --> 00:28:39,440 Speaker 1: over the next ninety days. 514 00:28:40,080 --> 00:28:44,360 Speaker 5: Well, generally during the holidays it's low volume trading, you know, 515 00:28:44,640 --> 00:28:47,520 Speaker 5: the markets kind of come down a little bit. I 516 00:28:47,560 --> 00:28:50,040 Speaker 5: don't see that that's going to be the case this year. 517 00:28:50,120 --> 00:28:54,280 Speaker 5: This year is something completely different again. The fundamentals of 518 00:28:54,800 --> 00:28:57,400 Speaker 5: what's going on. Are there going to be tariffs on 519 00:28:57,480 --> 00:29:00,800 Speaker 5: strategic metals or are there not? Is there going to 520 00:29:00,840 --> 00:29:04,160 Speaker 5: be continued war or is there not? About what about 521 00:29:04,160 --> 00:29:06,840 Speaker 5: the consuming public? Are they going to keep spending or not? 522 00:29:07,400 --> 00:29:10,120 Speaker 5: There's so much different this year that I don't see 523 00:29:10,160 --> 00:29:14,320 Speaker 5: a downturn in metals prices really during this holiday season 524 00:29:14,480 --> 00:29:16,880 Speaker 5: like we normally see. Then you add to that the 525 00:29:16,920 --> 00:29:20,520 Speaker 5: black swamp of the Executive order and gold and silver 526 00:29:20,600 --> 00:29:22,880 Speaker 5: being available for four to one k is you know, 527 00:29:23,000 --> 00:29:26,400 Speaker 5: if the administrators will allow it. You know each company. 528 00:29:27,480 --> 00:29:29,800 Speaker 5: I mean, we've got a lot of built up demand. 529 00:29:29,920 --> 00:29:32,040 Speaker 5: This holiday season I believe is going to be different. 530 00:29:32,880 --> 00:29:34,040 Speaker 2: It's going to be very different. 531 00:29:34,120 --> 00:29:36,400 Speaker 1: Don't forget if you want to find out more about 532 00:29:36,400 --> 00:29:39,960 Speaker 1: what they do at Kirk Elliott. I just bought into 533 00:29:40,000 --> 00:29:42,920 Speaker 1: some more silver recently. I've got some ten ounce bars 534 00:29:43,400 --> 00:29:46,640 Speaker 1: I'm looking at right now point nine nine nine fine 535 00:29:46,640 --> 00:29:50,600 Speaker 1: silver ten troy ounces. They also have book bars as 536 00:29:50,640 --> 00:29:52,480 Speaker 1: well that are a hundred ounces. I have one of 537 00:29:52,520 --> 00:29:56,600 Speaker 1: those as well. It is an incredible investment tool and 538 00:29:56,680 --> 00:29:58,280 Speaker 1: you can see what it's been doing. You can find 539 00:29:58,280 --> 00:30:02,160 Speaker 1: out more from them. K E p M dot Com. 540 00:30:02,160 --> 00:30:05,640 Speaker 1: That's k E p M dot com Kurt Elliot Precious Metals. 541 00:30:05,760 --> 00:30:07,720 Speaker 1: Check them out there. Kurt, always a pleasure and I 542 00:30:07,760 --> 00:30:08,800 Speaker 1: really appreciate. 543 00:30:08,400 --> 00:30:08,880 Speaker 2: You coming on. 544 00:30:09,360 --> 00:30:10,600 Speaker 5: Oh you bet, it's my pleasure. 545 00:30:11,240 --> 00:30:13,360 Speaker 1: Don't forget to share this podcast, by the way, with 546 00:30:13,440 --> 00:30:15,840 Speaker 1: your family and your friends on social media wherever you 547 00:30:15,880 --> 00:30:18,000 Speaker 1: can hit that subscribe or auto download 548 00:30:18,040 --> 00:30:20,200 Speaker 2: Button and I'll talk to you again tomorrow