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Speaker 1: US House panel has subpoenaed Bill and Hillary Clinton for

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Speaker 1: Epstein testimony. The House oversighte Committee also issuing subpoenas for

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Speaker 1: several former attorney generals and FBI directors. Now the House

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Speaker 1: Oversite Committee, led by James Comer issuing the subpoenas to

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Speaker 1: Bill and Hillary Clinton as well as these other that

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Speaker 1: I mentioned a moment ago, as well as directors of

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Speaker 1: the FBI. What are they demanding testimony related to the

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Speaker 1: horrific crimes perpetrated.

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Speaker 2: By Jeffrey Epstein.

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Speaker 1: Now, to be very clear, these subpoenas are going to

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Speaker 1: some of the most powerful political figures of the past

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Speaker 1: three decades, and they will testify in the investigation centering

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Speaker 1: around Epstein. I want to give you the list that

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Speaker 1: was put out so that you understand who all is

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Speaker 1: going to be testifying. Those that are now under subpoena

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Speaker 1: are number one, former US Attorney General Barr. He will

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Speaker 1: give his testimony August the seventeenth or eighteenth. Then the

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Speaker 1: former US Attorney General Alberto Gonzalez August of twenty six,

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Speaker 1: Former US Attorney General Jeff Sessions August the twenty eighth,

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Speaker 1: former FBI Director Robert Mueller, September the second, former US

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Speaker 1: Attorney General Loretta Lynch September the ninth, former US Attorney

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Speaker 1: General Eric Holder September the thirtieth, Attorney General Merrick Garland

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Speaker 1: October the second, and then former FBI Director James Comy

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Speaker 1: October seventh, Former Secretary of State Hillary Clinton October the ninth,

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Speaker 1: and former President Bill Clinton October the fourteenth.

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Speaker 2: If you look at the subpoena timeline, it's very.

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Speaker 1: Clear this is going among both conservative and liberals, and

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Speaker 1: it seems to be building towards the big questions for

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Speaker 1: former President Bill Clinton and Hillary Clinton. In October, now,

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Speaker 1: the House Oversight Committee, through Chairman Comer, the Department of

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Speaker 1: Justice for all records related to Jeffrey Epstein in accordance

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Speaker 1: with a bipartisan vote by the Federal Law Enforcement Subcommittee

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Speaker 1: on July the twenty third. Now, that vote included an

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Speaker 1: amendment from Representative Summer Lee, a Democrat from Pennsylvania, to

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Speaker 1: expand the scope of the DOJ subpoena in a separate

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Speaker 1: motion that was also introduced by Representative Scott Perry, a

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Speaker 1: Republican from Pennsylvania, and then it was approved by a

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Speaker 1: voice vote. The subcommittee then directed the chairman to compel

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Speaker 1: testimony from Bill and Hillary Clinton, along with several former

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Speaker 1: US Attorney generals and FBI directors. The move is part

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Speaker 1: of the committee's quote Broader investigation into the federal government's

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Speaker 1: handling of the Epstein case and associated individuals, including Maxwell.

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Speaker 1: You'll remember her as the woman who is in prison,

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Speaker 1: Epstein's longtime accomplice who is currently serving a twenty year

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Speaker 1: sentence for sex trafficking of miners. Bill Clinton's documented interactions

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Speaker 1: with Jeffrey Epstein also include multiple flights aboard the now

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Speaker 1: famous Loretta Express, according to his own twenty twenty four

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Speaker 1: memoir Citizen, My Life After.

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Speaker 2: The White House.

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Speaker 1: In the book, Clinton acknowledged the flights but downplayed the relationship,

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Speaker 1: writing quote, I wish I'd never met him. Epstein, also,

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Speaker 1: by the way, visited the White House at least seventeen

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Speaker 1: times alone in nineteen ninety three, during Clinton's first year

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Speaker 1: in office.

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Speaker 2: It was also reported by bright Bart News that.

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Speaker 1: The Department of Justice filed emotion in the United States

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Speaker 1: District Court for the Southern District of New York to

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Speaker 1: unseal grand jury transcripts associated with Epstein's indictment. Penning court approval.

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Speaker 1: The move, made at the direction of the Attorney General,

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Speaker 1: also comes amid mounting congressional scrutiny of the DOJ's leaderships

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Speaker 1: and present leadership, including the former FBI directors James Comy

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Speaker 1: and Robert Mueller, both of whom have been subpoena to

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Speaker 1: testify before that House Oversight Committee now. During in exchange

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Speaker 1: with the reporters on July the twenty fifth, President Trump

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Speaker 1: criticized the media for focusing on accusations against him, while

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Speaker 1: in his view, ignoring former President Clinton's connection to Jeffrey Epstein, saying, quote,

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Speaker 1: you ought to be speaking about Bill Clinton, who went

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Speaker 1: to the island twenty eight times. Trump said, then he said,

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Speaker 1: I never went to the island.

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Speaker 2: So here we are.

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Speaker 1: We have the actual paperwork that's been filed. These subpoenas

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Speaker 1: have been unleashed in Clinton, Comy, Garland Mueller are now

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Speaker 1: ordered to testify in the Jeffrey Epstein probe. The goal

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Speaker 1: here to finally get answers, and it is answers that

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Speaker 1: now span over a thirty year period and something that

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Speaker 1: every American deserves to hear the truth on. Are you

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Speaker 1: these accusations also come at a time where James Comer

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Speaker 1: is also investigating another major issue, and that is who

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Speaker 1: is running the White House When it clearly wasn't Joe

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Speaker 1: Biden who was ordering what to be signed with the

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Speaker 1: autopen and to the President United States of America even

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Speaker 1: know what the autopen was being used for. Well, James

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Speaker 1: Comer had this to say the other night on Fox

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Speaker 1: about that investigation.

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Speaker 2: Take a listen, let me let me shift gears here.

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Speaker 3: You're also spearheading the effort on the autopen. And there

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Speaker 3: was another set of another interview that I believe happened today.

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Speaker 3: Tell us where we're at with the latest on the autopen.

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Speaker 4: Well, we interviewed another person that worked very closely with

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Speaker 4: with Joe, Joe Biden, and uh, I'll say this, Joe

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Speaker 4: Biden apparently wasn't the only person that had a poor

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Speaker 4: memory in the in the Biden administration. I mean this,

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Speaker 4: our witness today couldn't recall anything, just like our witness

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Speaker 4: earlier from a couple of days ago, Doctor O'Connor, he

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Speaker 4: pled the fifth So, uh, you know what, what what

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Speaker 4: we've found thus far is nobody that even the ones

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Speaker 4: who we thought were in the inner circle of the

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Speaker 4: Biden White House ever saw Joe Biden. But according to

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Speaker 4: the report, Joe Biden was in the White House.

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Speaker 2: So you know, this doesn't make any sense.

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Speaker 4: It adds fuel to the fire that there was a

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Speaker 4: select few. And when I say a select few, Jason,

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Speaker 4: I'm talking about I can kill them on one hand

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Speaker 4: that were calling the shots. There's no evidence thus far

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Speaker 4: that's emerged that that Joe Biden knew anything about who

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Speaker 4: was using the auto pen or the process involved in

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Speaker 4: authorizing the use of opin. We're going to continue. We've

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Speaker 4: got more names to bring in for depositions. Obviously, we're

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Speaker 4: going to get to the Ron claims and maybe I

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Speaker 4: or maybe there'll be people in the Biden's family, immediate

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Speaker 4: family that'll be implicated in this.

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Speaker 2: We're going to bring them all in and we're.

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Speaker 4: Gonna get the truth to the American people. And if

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Speaker 4: Joe Biden's name was was forged on these executive orders

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Speaker 4: and these pardons, then those executive orders and pardons are

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Speaker 4: going to face a tough future in a court of law.

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Speaker 1: Let's go to the very last thing you just heard

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Speaker 1: James Comer saying. He said, if Joe Biden's name was

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Speaker 1: forged on these executive orders and these pardons, then those

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Speaker 1: executive orders and pardons are going to face a tough

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Speaker 1: future in a court of law. Why did he say

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Speaker 1: it that way, because I think he believes, and many

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Speaker 1: others believe now that the President United Its America had

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Speaker 1: no idea what his name was being signed to, including

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Speaker 1: many of those clemency and pardons that were signed remaining

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Speaker 1: hours of his presidency. We also know there may be

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Speaker 1: executive orders or even legislation that was signed by the

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Speaker 1: auto pen that the president had no idea it was

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Speaker 1: even happening. This is why so many are taking the fifth,

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Speaker 1: including the former president of the United States of America's

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Speaker 1: own doctor, who wouldn't answer basic questions when asked before Congress.

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Speaker 1: So if you look at what's happening right now with

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Speaker 1: James Comer, it's pretty clear now he's on the offense

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Speaker 1: and demanding to get answers on these major issues that

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Speaker 1: Americans are asking real questions about. As for the Democrats,

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Speaker 1: they should be terrified because now finally their abusive power, well,

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Speaker 1: they're going to have to face the music for exactly

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Speaker 1: what they did to Donald Trump and running a country

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Speaker 1: with a president that didn't know what was even going on.

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Speaker 1: Donald Trump promised that he was going to put America first,

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Speaker 1: and he promised that he was going to do it,

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Speaker 1: especially when it came to trade deals where America was

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Speaker 1: being taken advantage of by countries literally all over the world,

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Speaker 1: and he was going to do it by imposing more

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Speaker 1: tariffs to make it fair trade. He was tired of

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Speaker 1: American jobs disappearing, American manufacturing disappearing, and again America just

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Speaker 1: being taken advantage of by countries that had no problem

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Speaker 1: importing their goods in the US, but weren't even taking

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Speaker 1: our goods and even in places like the UK.

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Speaker 2: A strong ally of ours.

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Speaker 1: Well, now we're hearing that Donald Trump could impose more

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Speaker 1: tariffs on China over Russian oil. But here's the point

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Speaker 1: that I want to make before we get to that

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Speaker 1: the media was wrong. They claimed it was all doom

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Speaker 1: and gloom, that the tariffs weren't going to work, that

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Speaker 1: it was going to be bare shelves for the Americans

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Speaker 1: as you went to your favorite store to get basic necessities,

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Speaker 1: and that it was going to put us into a recession.

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Speaker 1: None of that happened. Larry Kudlow at Fox News Channel

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Speaker 1: saying this.

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Speaker 5: Yeah, and you know, I remember when everyone said the

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Speaker 5: market would crash, inflation would skyrocket because of these terroriffs,

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Speaker 5: but that's not what's happening. And now you've got billions

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Speaker 5: of dollars coming in. Larry, I want to go. I

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Speaker 5: want to give it here because yeah.

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Speaker 6: That's an important point though, just to you know, we're

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Speaker 6: thirty seconds here. All the gloom and doom, tariff inflation,

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Speaker 6: tariff for session, tariff catastrophe, none of that has happened. Okay.

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Speaker 6: And in fact, as you noted earlier, the tariff revenues

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Speaker 6: are pouring in. Okay, he can do as much as

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Speaker 6: four hundred billion this year alone in tariff revenues. Imports

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Speaker 6: from China, or let's say, Chinese exports to the United States,

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Speaker 6: all right, their lowest point in over twenty years. Our

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Speaker 6: trade deficit through June is at its lowest point in

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Speaker 6: the last two years. Okay. These are all positives. And

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Speaker 6: basically what he's saying is he wants a level playing

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Speaker 6: field and he wants to protect the American economy. People

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Speaker 6: have been taking advantage of the United States and that's

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Speaker 6: coming to an end now. Instead of warfare, you know,

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Speaker 6: set of retaliation or the so called world tariff war, no,

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Speaker 6: it's deal making, deal making everywhere. The deal maker in

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Speaker 6: chiefe place, Yes, exactly, and you know a place like Japan,

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Speaker 6: which is difficult, or South Korea which is difficult, or

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Speaker 6: the European Union which is difficult. So I would say

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Speaker 6: he's gotten off to a great start on this policy.

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Speaker 1: Not only has he got off to a great start,

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Speaker 1: but other countries are starting to come to the table

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Speaker 1: quickly to make sure they get their deal done as

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Speaker 1: fast as they can.

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Speaker 2: Now.

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Speaker 1: The President has also talked about what he's going to

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Speaker 1: do with pharmaceuticals, making it clear that he's going to

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Speaker 1: be putting tariffs on pharmaceuticals. Why because he wants the

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Speaker 1: made in our country and not us depending on other

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Speaker 1: nations like China from a national security standpoint. Listen to

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Speaker 1: President on CNBC on.

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Speaker 7: That chips We'll be putting a initially small tariff on pharmaceuticals,

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Speaker 7: but in one year one and a half year's maximum,

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Speaker 7: it's going to go to one hundred and fifty percent, and.

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Speaker 8: Then it's going to go to two hundred and fifty.

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Speaker 7: Percent because we want pharmaceuticals.

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Speaker 8: Made in our country.

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Speaker 7: And that's not the chipsack like Biden did because he

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Speaker 7: didn't know what he was doing, where they gave billions

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Speaker 7: of dollars to companies that had more money than they.

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Speaker 1: Knew what to do with, Which brings me to the

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Speaker 1: new point that Donald Trump is making the new frontier

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Speaker 1: on tariffs. We're now being told from the White House

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Speaker 1: the President Trump is now saying he will announce further

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Speaker 1: tariffs on China, similar to the twenty five percent duties

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Speaker 1: announced earlier on India over its purchases of Russian depending

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Speaker 1: on what happens. He said, it could happen, Trump told

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Speaker 1: reporters after saying he expected to announce more secondary sanctions

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Speaker 1: aimed at pressuring Russia to end its war in Ukraine,

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Speaker 1: he said, quote, it may happen.

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Speaker 2: I can't tell you yet.

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Speaker 1: We did it with India, We're doing it probably with

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Speaker 1: a couple of others.

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Speaker 2: One of them could be China.

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Speaker 1: Trump on Wednesday imposed an additional twenty five percent tariff

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Speaker 1: on Indian goods, on top of a twenty five percent

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Speaker 1: tariff announced previously, citing its continued purchases of Russian oil. Now,

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Speaker 1: the White House order did not mention China, which is

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Speaker 1: another big purchaser of Russian oil. Last week, the Treasury

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Speaker 1: Secretary Scott Dessent warned China that it could also face

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Speaker 1: new tariffs if it continued buying the Russian oil. So

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Speaker 1: China is also responding to this as well, and there

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Speaker 1: is escalation between the two countries as China pushes back

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Speaker 1: at the US with their own comments against the president.

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Speaker 2: Here's what they said. China quote will.

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Speaker 1: Always ensure its energy supply in ways that serves our

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Speaker 1: national interests, is what the Chinese Foreign Ministry posted on

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Speaker 1: acts following two days of trade negotiations in Stockholm. Responding

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Speaker 1: to the US threat of one hundred percent tariff coercion

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Speaker 1: and pressuring will not achieve anything. China will firmly defend

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Speaker 1: its sovereignty, security and development interest, the ministry went on

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Speaker 1: to say. Now the response is notable at a time

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Speaker 1: when both Beijing and Washington are signaling optimism and goodwill

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Speaker 1: between the two countries when it comes to well getting

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Speaker 1: a deal done after climbing down from sky high tariffs

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Speaker 1: and harsh trade restrictions.

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Speaker 2: It also underscores China's.

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Speaker 1: Confidence in playing hardball, the country says when dealing with

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Speaker 1: President Trump in his administration, especially when trade is linked

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Speaker 1: to its energy and foreign policies. The president saying I'm

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Speaker 1: not afraid and making it clear that if you're buying

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Speaker 1: from Russia, it's going to be a problem for the

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Speaker 1: United States of America, which brings us to the bigger picture,

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Speaker 1: and the question is what can you expect from new

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Speaker 1: tariffs on imported goods? Well, American businesses and consumers will

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Speaker 1: soon have a better idea of how President Donald Trump's

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Speaker 1: foreign trade agenda might actually affect you directly. What US

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Speaker 1: customers can expect from the new tariffs on imported goods.

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Speaker 2: Is also something that the Associated.

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Speaker 1: Press is saying is quote turning real American businesses and

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Speaker 1: the consumers, they say, will have a better idea of

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Speaker 1: how President Donald Trump's foreign trade agenda will affect them

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Speaker 1: when the imposed higher tariffs on products from dozens of

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Speaker 1: countries hit the shelves.

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Speaker 2: Now, it's been nearly one hundred years since the.

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Speaker 1: Nation had an overall import tax rate as high as

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Speaker 1: the one set today, but the individual impact on businesses, costs,

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Speaker 1: and consumer prices could vary as much as the tariffs

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Speaker 1: applied to goods of nearly seventy US trading partners from

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Speaker 1: complicated economies like the European Union to small African nations

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Speaker 1: as well experts from a majority of them are getting

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Speaker 1: tax at fifteen percent. For a handful of countries in

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Speaker 1: Asia the rate is nineteen percent.

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Speaker 2: Products from the rest of the world.

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Speaker 1: Are subjected to taxes of twenty to fifty percent. Meanwhile,

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Speaker 1: there's still a fifty five percent tariff on Chinese made.

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Speaker 2: Goods as scheduled to take effect next.

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Speaker 1: Week if a US China trade deal has not agreed

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Speaker 1: to on or before then. Now, businesses in the US

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Speaker 1: and abroad have been dealing in various ways since February

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Speaker 1: with the tariffs. But what we found is that many

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Speaker 1: Americans are happy with what they're seeing in the stores

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Speaker 1: because many companies are actually absorbing the costs for now.

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Speaker 1: A great example of that is automakers. They appear to

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Speaker 1: be leading the pack and have absorbed the costs at

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Speaker 1: this point instead of passing it on to you the consumer. Now,

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Speaker 1: recent government data indicated that retail prices for groceries, furniture,

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Speaker 1: and appliances have started to creep up minimally in June,

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Speaker 1: far less than what the experts claimed when they said

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Speaker 1: there was going to be doom and gloom. Because tariffs

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Speaker 1: arery tax on imports, economists had expected US customers to

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Speaker 1: foot the bill and guess what.

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Speaker 2: That is not what has happened at all.

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Speaker 1: The projections were all based on analysis of duties implemented

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Speaker 1: this year through Wednesday, and they said it was going

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Speaker 1: to be terrible. But the actual price increases a bit

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Speaker 1: about one point eight percent in the short term, and

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Speaker 1: the US government has been collecting billions from the countries

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Speaker 1: at the president decided to put tariffs on so at

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Speaker 1: the end of the day, as President Trump unveiled the

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Speaker 1: sweeping import tax on goods coming into the US from

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Speaker 1: sixty six countries, the European Union, Taiwan, the Falkland Islands

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Speaker 1: in April, what did he say? He said, the reciprocal

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Speaker 1: tariffs were meant to boost domestic manufacturing.

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Speaker 2: That has happened.

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Speaker 1: It's also meant to restore fairness to global trade.

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Speaker 2: That has also happened. And here's the point that matters

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Speaker 2: to you.

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Speaker 1: The present pause the country specific tariffs a week later,

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Speaker 1: but applied to ten percent tax to most imports.

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Speaker 2: In early July.

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Speaker 1: He began notifying countries that their exports would be subject

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Speaker 1: to higher tariffs on August one unless they reached the

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Speaker 1: trade deals. A week ago, he pushed the start date

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Speaker 1: to Thursday. So here we are, it is Thursday, and

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Speaker 1: it's real. In the meantime, trump Is also announced a

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Speaker 1: thirty five percent tariff on imports from Canada, but delayed

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Speaker 1: action on Mexico while negotiating continue. However, a free trade

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Speaker 1: agreement reached with Mexico and Canada during Terump's first term

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Speaker 1: shields most of those countries' products from punishing duties. The

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Speaker 1: president also ordered a fifty percent tariffs on goods from

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Speaker 1: Brazil this week. He also's on executive order to take

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Speaker 1: India's tar freight from twenty five to fifty percent, all

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Speaker 1: because of, as I mentioned earlier, the purchases of Russian oil.

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Speaker 1: So the President's not playing. And what we now know

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Speaker 1: is the President's telling you the truth. If you're one

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Speaker 1: of these countries around the world, you either come to

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Speaker 1: the table and get a real deal done or it

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Speaker 1: is going to hurt your country more than America. As

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Speaker 1: for the President, he has the backing of the American people.

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Speaker 1: New pulling data shows, and that's exactly why the President's

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Speaker 1: continuing to keep the course because the tariffs seem to

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Speaker 1: be working. I want to get you an update on

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Speaker 1: where we are in the economy, what's happening. We've seen

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Speaker 1: a lot of movement recently with Wall Street and a

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Speaker 1: lot of arguing in fire over interest rates where they

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Speaker 1: should be the Fed chairman back and forth.

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Speaker 2: And then the tariff issue.

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Speaker 1: Joining me now to talk about all of this is

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Speaker 1: Kurt Elliott. He's the founder of Kurt Elliott Precious Metals.

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Speaker 1: You can find them online at k E p M

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Speaker 1: dot com KPM dot com.

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Speaker 2: Kurt, always a pleasure to have you on.

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Speaker 1: Let's talk about where we are when it comes to

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Speaker 1: this economy and what it's been doing in relation to

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Speaker 1: gold and silver. We've seen a lot of fighting over

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Speaker 1: interest rates. We've seen a lot of fighting over tariffs

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Speaker 1: as well. We've seen a lot of movement in the

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Speaker 1: market over the last several weeks and that has actually

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Speaker 1: push gold prices up since last time I had you

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Speaker 1: on seventy plus dollars if I'm not mistaken, and silver's

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Speaker 1: gone up as well.

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Speaker 8: Yeah. I mean, gold and silver ben respond to turmoil

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Speaker 8: and chaos and uncertainty, and we're seeing this amazing growth

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Speaker 8: in gold and silver without without the biggest thing that's

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Speaker 8: actually going to cause their growth, which are actually be

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Speaker 8: lowering interest rates, right, so we're seeing growth before that happens,

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Speaker 8: and that is going to happen, you know, when you

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Speaker 8: look at the economy and you look at the amazing

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Speaker 8: things Trump is doing to actually grow our economy set

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Speaker 8: us up for success rather than failure. A big thing

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Speaker 8: happened just earlier today when when Stephen Mirin, you know,

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Speaker 8: head of the Council for Economic Advisors, was basically Trump's

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Speaker 8: going to put him in to the vacant seat that

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Speaker 8: Kogler had at the Federal Reserve Board of Governors. Which

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Speaker 8: is this battle, right, there's this battle between Jerome Powell

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Speaker 8: and President Trump on Trump says, you've got a lower

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Speaker 8: interest rate to stimulate this economy, and Powell says, no,

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Speaker 8: I'm not, you know, for whatever reason, political differences, who knows.

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Speaker 8: But placing somebody in there who's basically going to pro America,

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Speaker 8: pro US citizen, lower interests rates to make mortgages cheaper,

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Speaker 8: stimulate the economy, grow things is going to be so

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Speaker 8: good for the economy, bend so incredibly good because right now,

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Speaker 8: as I look at it as an economist, there's two

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Speaker 8: things that basically the president can do. Two things that

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Speaker 8: the Federal Reserve can do to grow the economy, right

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Speaker 8: the President Congress. That's fiscal policy. They can lower taxes

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Speaker 8: to grow the economy, which Trump is doing. Or you

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Speaker 8: can have productive government spending. I want to say productive

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Speaker 8: because there's a lot of government spending that's not so.

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Speaker 8: When you have productive government spending increases aggregate demand, lower taxes.

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Speaker 8: That grows the economy. What does the Fed do to

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Speaker 8: grow the economy. That's monetary policy. They can print money,

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Speaker 8: which they are printing money, you know, kind of like

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Speaker 8: field of dreams. Build it and they will come. You

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Speaker 8: print money, people are going to spend it. But the

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Speaker 8: other way to grow the economy is lower interest rates.

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Speaker 8: They are not You don't have all four of these

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Speaker 8: levers working at the same time, which is why Trump

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Speaker 8: has massive political headwinds to deal with. Which what happened

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Speaker 8: this morning with the new appointment to the Board of Governors,

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Speaker 8: This could be very, very good for the US economy.

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Speaker 1: Ben Well, I was gonna ask me, you talk about

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Speaker 1: this appointment, what does that mean for the average person listening.

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Speaker 8: So for the average person listening, you've got these seven

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Speaker 8: people that are on the Board of Governors, and they

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Speaker 8: vote for policy at the federal reserve level. So even

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Speaker 8: if Trump is fighting against Jerome Powell, right, it's like, well,

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Speaker 8: maybe he doesn't have to focus so much on fighting

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Speaker 8: with Jerome Powell if he has another person on board

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Speaker 8: that could be the deciding vote on saying well, let's

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Speaker 8: just lower interest rates. Right, So maybe this is going

440
00:25:50,480 --> 00:25:53,080
Speaker 8: to push them over the edge to actually do something

441
00:25:53,119 --> 00:25:57,080
Speaker 8: that's actually really really good for the American consumer, to

442
00:25:57,280 --> 00:26:01,440
Speaker 8: stimulate the economy, bring jobs back to America. Which, boy,

443
00:26:01,960 --> 00:26:07,160
Speaker 8: the tariffs that we're seeing, Ben this is when after

444
00:26:07,280 --> 00:26:12,200
Speaker 8: win after win, that Trump is just like doing such

445
00:26:12,400 --> 00:26:17,800
Speaker 8: amazing things. I mean, I can't believe that he got

446
00:26:17,840 --> 00:26:22,320
Speaker 8: Europe to say, yeah, fifteen percent tariff on of European

447
00:26:22,359 --> 00:26:26,080
Speaker 8: goods coming in, zero percent on US goods going there,

448
00:26:26,359 --> 00:26:29,200
Speaker 8: and then committing to buying seven hundred and fifty billion

449
00:26:29,240 --> 00:26:32,000
Speaker 8: dollars worth of energy in America. It's like wow. And

450
00:26:32,040 --> 00:26:35,720
Speaker 8: the same thing with Japan fifteen percent tariff on Japanese goods,

451
00:26:35,840 --> 00:26:38,679
Speaker 8: zero percent on Americans going in. And how about the

452
00:26:38,720 --> 00:26:43,840
Speaker 8: fifty percent tariff on India if they continue buying Russian

453
00:26:43,960 --> 00:26:46,679
Speaker 8: energy products. It's like, oh, my words, Trump is not

454
00:26:46,840 --> 00:26:50,200
Speaker 8: messing around when he's using this as a negotiating tool

455
00:26:50,640 --> 00:26:53,960
Speaker 8: to not just bring money back into America, have other

456
00:26:54,040 --> 00:26:57,560
Speaker 8: countries basically put our tax bill, right, That's that's what

457
00:26:57,600 --> 00:27:01,000
Speaker 8: tariffs are all about. But what he's doing is he's

458
00:27:01,119 --> 00:27:06,240
Speaker 8: leveling the playing field that's been so unfair for so long.

459
00:27:06,680 --> 00:27:11,240
Speaker 8: And I've never been so excited about the future of America,

460
00:27:11,359 --> 00:27:15,320
Speaker 8: the economic growth that's coming. And when you think about it,

461
00:27:15,680 --> 00:27:19,160
Speaker 8: how do we invest during times of economic growth? Tangible

462
00:27:19,200 --> 00:27:22,440
Speaker 8: assets go up a lot. Silver. The demand for silver

463
00:27:22,520 --> 00:27:26,040
Speaker 8: is going to go through this ceiling then, because it's

464
00:27:26,080 --> 00:27:29,160
Speaker 8: going to be used for more solar and electric vehicles

465
00:27:29,520 --> 00:27:34,320
Speaker 8: and battery technology, and military industrial complex and nuclear power

466
00:27:34,359 --> 00:27:37,000
Speaker 8: and all of the demand and AI. Right, it's like

467
00:27:37,600 --> 00:27:41,480
Speaker 8: there's a lot of demand, which will be even more

468
00:27:41,920 --> 00:27:43,560
Speaker 8: as the economy grows.

469
00:27:44,280 --> 00:27:46,840
Speaker 1: Yeah, it really is incredible to witness this right now,

470
00:27:46,920 --> 00:27:50,200
Speaker 1: and you look at it, these numbers, they keep hitting

471
00:27:50,200 --> 00:27:52,800
Speaker 1: these highs. Certainly on the gold side, I mean we're

472
00:27:52,800 --> 00:27:57,479
Speaker 1: almost at thirty four hundred ounce. Silver is actually many believe,

473
00:27:57,680 --> 00:27:59,760
Speaker 1: one hell of a deal right now at around thirty

474
00:27:59,800 --> 00:28:03,399
Speaker 1: eight and ounce because of how much of it is

475
00:28:03,440 --> 00:28:05,840
Speaker 1: going to be needed, as you just mentioned, and when

476
00:28:05,840 --> 00:28:08,000
Speaker 1: you look at this. For people that are listening right now,

477
00:28:08,760 --> 00:28:10,960
Speaker 1: is it insane to think, hey, maybe I want to

478
00:28:11,000 --> 00:28:13,120
Speaker 1: go more into silver. It just seems like it might

479
00:28:13,119 --> 00:28:14,200
Speaker 1: be a better value.

480
00:28:15,240 --> 00:28:17,800
Speaker 8: It's it's not insane, it is it actually is a

481
00:28:17,800 --> 00:28:20,960
Speaker 8: better value. That's why as a firm, we're allocated more

482
00:28:20,960 --> 00:28:24,879
Speaker 8: into silver, because with gold you have this flight for

483
00:28:25,080 --> 00:28:28,320
Speaker 8: quality type demand. Right, the worst things get, the more

484
00:28:28,680 --> 00:28:31,760
Speaker 8: unstable they are, the more inflationary pressures you have, the

485
00:28:31,800 --> 00:28:35,000
Speaker 8: more geopolitical conflict, the better gold does. But it's a

486
00:28:35,080 --> 00:28:39,360
Speaker 8: financial metal. Silver has all of those characteristics as well,

487
00:28:39,520 --> 00:28:44,160
Speaker 8: but it also has industrial demand. It's used in electronics

488
00:28:44,160 --> 00:28:46,120
Speaker 8: and all the chips that are used for AI and

489
00:28:46,160 --> 00:28:49,640
Speaker 8: cryptocurrency mining and all this other stuff. Like, you've got

490
00:28:49,640 --> 00:28:53,480
Speaker 8: this whole extra element of demand that you have that

491
00:28:53,560 --> 00:28:57,000
Speaker 8: you don't have with gold. But here's the thing, economics,

492
00:28:57,000 --> 00:28:59,320
Speaker 8: one on one, let's just boil it down to simplicity.

493
00:28:59,640 --> 00:29:04,600
Speaker 8: When you have more demand and less supply, prices go up. Right,

494
00:29:04,680 --> 00:29:09,840
Speaker 8: Which is why we're allocated so heavily into silver, is

495
00:29:09,880 --> 00:29:14,560
Speaker 8: to actually minimize people's risk. Right, You minimize risk by

496
00:29:14,600 --> 00:29:17,480
Speaker 8: going into the thing that's going to grow and outperform

497
00:29:17,520 --> 00:29:20,160
Speaker 8: the market. Now, not God. I don't control things. I

498
00:29:20,200 --> 00:29:23,880
Speaker 8: can't make guarantees right, But all the fundamentals that are

499
00:29:24,000 --> 00:29:27,800
Speaker 8: pushing gold and silver up, I don't see them stopping

500
00:29:27,920 --> 00:29:29,720
Speaker 8: or slowing down anytime real soon.

501
00:29:31,360 --> 00:29:33,440
Speaker 1: Let's talk also about where we're going to go with

502
00:29:33,520 --> 00:29:36,920
Speaker 1: this economy and what can happen there. It seems that

503
00:29:37,360 --> 00:29:40,440
Speaker 1: almost everybody out there is saying the idea that we

504
00:29:40,440 --> 00:29:44,400
Speaker 1: were going into recession is now a dead idea. And

505
00:29:44,480 --> 00:29:46,840
Speaker 1: now that's where you're seeing Wall Street, I think take

506
00:29:46,880 --> 00:29:49,280
Speaker 1: off and people are looking at big opportunities now.

507
00:29:49,800 --> 00:29:52,240
Speaker 2: Is that something that also excites you as well?

508
00:29:53,840 --> 00:29:56,719
Speaker 8: It very much excites me because what we're seeing for

509
00:29:56,760 --> 00:30:01,480
Speaker 8: the first time and literally since like maybe nineteen thirteen,

510
00:30:02,280 --> 00:30:04,760
Speaker 8: you know, because back then he had the irs. The

511
00:30:04,800 --> 00:30:07,880
Speaker 8: Federal Reserve came into a fact that the Federal Reserve

512
00:30:07,960 --> 00:30:12,680
Speaker 8: Act is now with Trump issuing stable coins, the Genius Act,

513
00:30:12,680 --> 00:30:16,280
Speaker 8: the Stable Colin Act. What are people doing they're saying

514
00:30:16,760 --> 00:30:20,440
Speaker 8: by them saying, I like cryptocurrency. Stable coins are a

515
00:30:20,480 --> 00:30:23,120
Speaker 8: way to actually invest in the US dollar outside of

516
00:30:23,120 --> 00:30:26,080
Speaker 8: this paper money that the Federal Reserve is printing, because

517
00:30:26,080 --> 00:30:30,960
Speaker 8: it can be issued by tether or circle or PayPal.

518
00:30:31,120 --> 00:30:31,280
Speaker 3: Right.

519
00:30:31,600 --> 00:30:36,880
Speaker 8: Stable coins are blockchain versions of US dollars creates demand.

520
00:30:37,600 --> 00:30:40,680
Speaker 8: And if Trump gets his way and allows for real

521
00:30:40,760 --> 00:30:43,800
Speaker 8: estate and cryptocurrency to go into four oh one KSE,

522
00:30:44,360 --> 00:30:48,200
Speaker 8: this is going to open up the door to alternative assets,

523
00:30:48,240 --> 00:30:51,200
Speaker 8: to a way of people thinking, Wow, I didn't trust

524
00:30:51,200 --> 00:30:53,760
Speaker 8: banks before, I didn't trust the government, but look what

525
00:30:53,800 --> 00:30:57,680
Speaker 8: Trump is doing. He's giving me options to invest the

526
00:30:57,720 --> 00:31:00,520
Speaker 8: way that I want to. And when you start to

527
00:31:00,560 --> 00:31:05,400
Speaker 8: see people moving away from the assets that they've known

528
00:31:05,440 --> 00:31:09,840
Speaker 8: since nineteen thirteen, paper based money printed by FIAT to

529
00:31:10,000 --> 00:31:14,080
Speaker 8: something that's different like gold and silver or decentralized blockchain

530
00:31:14,080 --> 00:31:19,120
Speaker 8: and cryptocurrency, that's a pendulum shifting moment which I think

531
00:31:19,360 --> 00:31:21,560
Speaker 8: we're going to be at the forefront of a new

532
00:31:21,600 --> 00:31:25,680
Speaker 8: digital economy, a new alternative asset economy that's going to

533
00:31:25,760 --> 00:31:28,320
Speaker 8: be just different than what we've known for the last

534
00:31:28,440 --> 00:31:31,600
Speaker 8: hundred plus years. And I'm excited about that because we're

535
00:31:31,640 --> 00:31:33,040
Speaker 8: going to be at the forefront of it.

536
00:31:33,760 --> 00:31:35,120
Speaker 2: Yeah, it really is incredible.

537
00:31:35,160 --> 00:31:36,959
Speaker 1: If you want to find out more about what all

538
00:31:37,000 --> 00:31:40,600
Speaker 1: they do at Kurt Elliott Precious Metals their company, I use,

539
00:31:40,720 --> 00:31:43,840
Speaker 1: I trust them and they will work with you to

540
00:31:44,000 --> 00:31:47,280
Speaker 1: make sure that you're reaching your goals and your aspirations

541
00:31:47,320 --> 00:31:50,640
Speaker 1: for your future. They also do a great job of

542
00:31:50,840 --> 00:31:55,200
Speaker 1: just selling you gold and silver, not jacking up prices

543
00:31:55,280 --> 00:31:59,480
Speaker 1: on quote rare coins. They can make huge profits and

544
00:31:59,520 --> 00:32:01,640
Speaker 1: they also so are easy when you want to go

545
00:32:01,760 --> 00:32:03,640
Speaker 1: and sell your coins as well.

546
00:32:03,680 --> 00:32:05,200
Speaker 2: You can find out more.

547
00:32:05,600 --> 00:32:10,160
Speaker 1: At Kurt or at k e PM dot com. That's

548
00:32:10,360 --> 00:32:12,760
Speaker 1: k e PM dot com.

549
00:32:13,000 --> 00:32:15,280
Speaker 2: And when I say they're.

550
00:32:14,560 --> 00:32:17,240
Speaker 1: Just real simple, one of the things I love is Kurt,

551
00:32:17,320 --> 00:32:20,040
Speaker 1: you guys actually tell everyone what you are going to

552
00:32:20,200 --> 00:32:22,920
Speaker 1: what the transaction looks like. If you're buying gold or silver,

553
00:32:23,440 --> 00:32:26,800
Speaker 1: you know exactly what you're paying over the spot price

554
00:32:26,920 --> 00:32:28,720
Speaker 1: right now, and when you go to sell it, you

555
00:32:28,760 --> 00:32:31,200
Speaker 1: guys don't take a huge fee. That's why I love

556
00:32:31,240 --> 00:32:33,840
Speaker 1: the honesty and transparency. So thanks for doing that way

557
00:32:33,920 --> 00:32:34,320
Speaker 1: as well.

558
00:32:35,280 --> 00:32:38,080
Speaker 8: Oh you are so welcome. You know it is simple

559
00:32:38,240 --> 00:32:41,280
Speaker 8: eight percent. You purchased zero percent when you liquidate. If

560
00:32:41,280 --> 00:32:43,680
Speaker 8: anyone's trying to sell you high grade rare coins that

561
00:32:43,720 --> 00:32:46,080
Speaker 8: are super expensive and high premium, if you tried to

562
00:32:46,080 --> 00:32:47,840
Speaker 8: buy that from us, I would send you back and

563
00:32:47,880 --> 00:32:50,600
Speaker 8: it's like I don't sell those, it's not a good investment.

564
00:32:51,080 --> 00:32:56,200
Speaker 8: So bullion only, low cost transparency, Wow, that's how you

565
00:32:56,320 --> 00:32:59,920
Speaker 8: grow and compound your ounces and gain wealth.

566
00:33:00,800 --> 00:33:01,640
Speaker 2: There you go. I love it.

567
00:33:01,760 --> 00:33:04,600
Speaker 1: Check them out online k E p M dot com.

568
00:33:04,720 --> 00:33:08,120
Speaker 1: Kurt always a pleasure. Thank you, sir, don't forget Share

569
00:33:08,160 --> 00:33:11,280
Speaker 1: this podcast please with your family and your friends wherever

570
00:33:11,560 --> 00:33:14,880
Speaker 1: they are, and I will see you back here tomorrow