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Speaker 1: Coming to you from the entertainment capital of the world,

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Speaker 1: Las Vegas, Noveda. It's the Root Reaction with your host

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Speaker 1: Wayne Allan.

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Speaker 2: Roots like c Storge Cotton, never accept the fees.

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Speaker 1: Are the stories and opinions you'll never hear from the

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Speaker 1: mainstream media.

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Speaker 2: Article Brxist traders have sold us out.

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Speaker 1: If you love God, guns, gold, text, cuts, Trump, and freedom,

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Speaker 1: you're gonna love the Root Reaction.

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Speaker 3: I will give you my country when you pry it

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Speaker 3: for my cold dead pans. If you were peace for

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Speaker 3: a fair for war, this is your war.

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Speaker 1: Here's your host, Sir Wayne Alan.

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Speaker 2: Roots all right, Wayne, down the rout, the Root, the Root,

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Speaker 2: the roots on fire.

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Speaker 3: Welcome the show. This show comes to you.

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Speaker 2: From Las Vegas, the entertainment capital of the world. I'm

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Speaker 2: the hardest working man in show biz, certainly conservative show biz, with.

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Speaker 3: The fastest show in the history TV.

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Speaker 2: The show is conservative, patriotic talk on steroids, square to

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Speaker 2: the thousandth power. My command Central Route for America dot Com.

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Speaker 2: That's my last name, Root as in Wayne.

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Speaker 3: Root for America dot com. Easy to remember. That's what

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Speaker 3: I do. I root for America all day long.

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Speaker 2: At the top you'll find three tabs, watch way on TV, listen,

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Speaker 2: wait on the radio, listen, waits podcast, click and you're

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Speaker 2: on right there on my website, so you don't have

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Speaker 2: to go to any other site or takes you to

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Speaker 2: the right site, or you get a link to the

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Speaker 2: right site. You can use it any device, or you

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Speaker 2: can watch or listen to a library of all my

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Speaker 2: recent shows.

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Speaker 3: If you missed last night show, it'll be there. Root

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Speaker 3: from America dot com. Make it simple.

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Speaker 2: It's all a one place my email Waynroot at gmail

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Speaker 2: dot com. Love to hear what you think of this show.

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Speaker 2: Love to hear from all of you. Will read you

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Speaker 2: a couple of letters later on the show from some

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Speaker 2: of you. Wayne Root at gmail dot com. Keep the

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Speaker 2: letters coming, all right. Big news of the day, there's

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Speaker 2: so many stories and so many I told you so

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Speaker 2: as Wow, New Jersey mayor SIGs drones may be hunting

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Speaker 2: for missing radioactive material as the Biden administration stays silent.

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Speaker 2: You know, you know what's the most And that's what

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Speaker 2: I said on My America's Top ten show. I mentioned

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Speaker 2: that yesterday on Saturday, but I recorded on Friday morning.

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Speaker 3: Friday morning already.

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Speaker 2: Made the guests that this is either an enemy attack

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Speaker 2: and the start of World War three. They're testing us,

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Speaker 2: they're looking to see how we react. Or it's missing

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Speaker 2: nuclear material and they're searching it with drones that sniff

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Speaker 2: nuclear and if they can find some sort of radioactivity

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Speaker 2: sniffing radioactive.

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Speaker 3: They know, Look it's there, it's in that warehouse.

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Speaker 2: That's the dirty bomb that's going to go off. And

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Speaker 2: that's what everyone is now saying has been happening.

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Speaker 3: By the way, horrible. I mean, is that like a

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Speaker 3: good alternative.

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Speaker 2: It's either an enemy attack and World War three starting

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Speaker 2: and Americans are gonna die, and that's the way they

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Speaker 2: would attack.

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Speaker 3: Our homeland and our main land is with a drone attack,

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Speaker 3: or it's not and.

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Speaker 2: You have nothing to worry about. There's no enemy attack.

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Speaker 2: It's not Iranian, it's not Chinese. Oh, it's just nuclear material.

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Speaker 2: A dirty bomb loose in the United States that will

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Speaker 2: take out an entire city or part of an entire

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Speaker 2: downtown that'll be in you know, uninhabitable for a thousand years.

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Speaker 2: So it's bad, or it's super bad. Or the third

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Speaker 2: choice is I did mentioned this the last two shows.

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Speaker 2: Is this the deep state trying to fake us out?

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Speaker 2: And trying to cause some sort of problem before Trump's inauguration.

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Speaker 3: The deep state wants to lock us down.

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Speaker 2: Declare it's an enemy attack, or declare it's a Martian invasion.

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Speaker 2: You know, it's UFO invasion and we've all got to

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Speaker 2: be locked down and there's gonna.

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Speaker 3: Be martial law.

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Speaker 2: That's the third possibility that the whole thing is a

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Speaker 2: deep fake.

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Speaker 3: The whole thing is.

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Speaker 2: Is a is a deep state attempt to gaslight us.

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Speaker 3: So who knows? Who knows? But none of the choices

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Speaker 3: are good, none of them.

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Speaker 2: But here's there's one good choice that I talked about

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Speaker 2: on this show a lot for the last I don't know,

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Speaker 2: six or eight months, and that was you know again,

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Speaker 2: I don't give investment advice, but I tell you what

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Speaker 2: I think, and I tell you what I'm doing, and

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Speaker 2: I kept saying, by bitcoin, by bitcoin, by bitcoin. Bitcoin

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Speaker 2: hit one hundred and seven thousand today. It pulled back

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Speaker 2: at the end of the day to one oho six

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Speaker 2: and change, but it hit one hundred and seven thousand.

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Speaker 2: I remember when Kip Heerriage, my investment guide, comes on

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Speaker 2: the show all the time.

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Speaker 3: He came on a few.

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Speaker 2: Months ago and it was at fifty two thousand, and

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Speaker 2: he said, buy it. It's going to one hundred thousand

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Speaker 2: in this calendar year, and people thought he was crazy

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Speaker 2: and they couldn't believe. I've been converted to being a

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Speaker 2: huge believer in bitcoin, and I keep saying, this is

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Speaker 2: how we can build generational wealth. And sure enough, since

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Speaker 2: it was at fifty two thousand and kipped, you know,

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Speaker 2: advised to buy it. It's now hit one hundred and

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Speaker 2: seven thousand in this calendar year, and there's so much

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Speaker 2: more to run, he says, next year.

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Speaker 3: And the year after. Interesting Again, I'm not an investment advisor.

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Speaker 2: I'm just telling you what Kip thinks, who is one,

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Speaker 2: and what I think, who is managing my own portfolio.

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Speaker 2: Bitcoin is an amazing thing at this point in time.

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Speaker 2: I've also told you that one of the worst things

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Speaker 2: in the world are vaccines. COVID vaccine is a nightmare,

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Speaker 2: and all these children vaccines. I'm not a scientist, I'm

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Speaker 2: not a doctor, I don't claim to be. But I'm

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Speaker 2: a common sense guy. I would never allow my children

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Speaker 2: to get seventy five vaccines in the first three years

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Speaker 2: of their life.

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Speaker 3: This is insanity.

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Speaker 2: There is this explosion of autism, an explosion of mental

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Speaker 2: illnessness country in children, an explosion of illness and disease

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Speaker 2: in children. And the vaccines, in my opinion, are a

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Speaker 2: nightmare and they're all part and parcel of what's going on.

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Speaker 3: Maderna. This is the news.

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Speaker 2: Maderna halts their mRNA RSV vaccine trial for children after

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Speaker 2: five infants are hospitalized. And you know the way these

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Speaker 2: guys play the game. I'm sure it's like twenty five

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Speaker 2: babies are dead and they hide that and cover it up,

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Speaker 2: and they admit five or hospitalized.

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Speaker 3: What about the twenty five or dead.

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Speaker 2: I have no doubt some of them died already because

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Speaker 2: that's what they did with the COVID vaccine trials. They

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Speaker 2: hid the deaths. These vaccines are dangerous. You gotta be

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Speaker 2: insane to let your kid participate in a trial. Are

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Speaker 2: you insane? Are these parents insane? Or they just want,

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Speaker 2: like the five hundred dollars they give you to make

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Speaker 2: your child a guinea pig who winds up dead or

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Speaker 2: in the hospital and sick for the rest of their

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Speaker 2: lives for five hundred bucks or a thousand bucks.

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Speaker 3: Oh my gosh. And if there's anything worse than.

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Speaker 2: The vaccines, it's got to be the drug remdesevir. Again,

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Speaker 2: I'm not a doctor. I'm not a scientist. I'll say allegedly,

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Speaker 2: and it's my opinion on an opinion show, but I

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Speaker 2: know that every nurse who's ever been a guest on

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Speaker 2: any of my shows has said, it's well known in

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Speaker 2: hostile hospitals that we all call remdesevir run death is near.

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Speaker 3: That's how bad the drug remdesevir is.

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Speaker 2: That is the first choice of most hospitals in America

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Speaker 2: to treat COVID.

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Speaker 3: If you have COVID, they want to give you remdesevir.

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Speaker 2: And guess who's been giving it to their members the military,

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Speaker 2: and many of them have died, and they blame covid.

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Speaker 2: These are young, healthy men and women in the prime

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Speaker 2: of their life, in the best shape of any men

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Speaker 2: in women in America.

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Speaker 3: They're in the military.

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Speaker 2: You know, they run fifty miles without one hundred pounds

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Speaker 2: of their back. You really think they died from COVID.

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Speaker 2: I had COVID, it was a two day cold. I mean,

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Speaker 2: you kidding me. But they give them remdesevir and they

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Speaker 2: wind up dead, and then the military tells the families

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Speaker 2: they died of COVID. The late lethality of remdesevir needs

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Speaker 2: to be investigated by Robert F. Kennedy Junior and his

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Speaker 2: health HHS, Health and Human Services. And President Trump promised

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Speaker 2: to get rid of vaccines that are dangerous just the

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Speaker 2: other day, and he needs to get rid of the

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Speaker 2: drug rendzevir. But again, just my opinion. Allegedly, that's what

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Speaker 2: I believe, That's what most nurses in America seen it

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Speaker 2: up close.

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Speaker 3: Scary. Here's the biggest story to me.

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Speaker 2: Trump sues the Des Moines Register newspaper and pollster J. N.

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Speaker 2: Selzer for brazen election interference after the fraudulent Iowa poll

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Speaker 2: showed Kamlala Harris ahead just right in front of the

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Speaker 2: election on the Sunday before the Tuesday election on November fifth, Tuesday,

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Speaker 2: go back to.

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Speaker 3: Sunday and here it was.

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Speaker 2: The poll in the Des Moines Register in Iowa showed

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Speaker 2: that Trump was losing Iowa and every media. I wrote this,

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Speaker 2: I wrote this the time I put up the column

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Speaker 2: the next day. I wrote it that Sunday after I

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Speaker 2: saw the poll, and then I wrote the column and

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Speaker 2: put it out on Monday.

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Speaker 3: And what did I write that?

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Speaker 2: Again, it's my opinion that the poll was pure fraud

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Speaker 2: and election interference, and it was meant was it was

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Speaker 2: coordinated by all the evil people in the Kamala campaign.

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Speaker 2: They said, give us a poll that's completely fake, based

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Speaker 2: on fake demographics, and show that Trump is losing and

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Speaker 2: a Republican read Iowa.

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Speaker 3: Republican read Iowa.

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Speaker 2: And if that's the case, he must be losing everywhere

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Speaker 2: and will demoralize Republicans and they won't come out and vote,

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Speaker 2: and will excite Democrats and they'll come out for Kumo

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Speaker 2: because she's.

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Speaker 3: Got the lead even in Iowa. She must be winning everywhere.

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Speaker 2: I wrote a coumny the balls to say a I

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Speaker 2: believe it's my opinion, it's pure fraud.

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Speaker 3: It's pure fake news.

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Speaker 2: It's a fake poll, it's fake demographics, and it's election interference.

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Speaker 2: And she should be investigated and put in prison. I

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Speaker 2: said that, And Trump is now suing her and the

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Speaker 2: newspaper for fraud and election interference.

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Speaker 3: It's happening.

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Speaker 2: This is great news because it's going to put all

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Speaker 2: these liberal fakes in the media unnoticed. Why doesn't someone

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Speaker 2: sue the media that refused to report on the COVID

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Speaker 2: vaccine debts By the way, that's only about a million

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Speaker 2: plus Americans.

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Speaker 3: All right, we're going to a quick break.

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Speaker 2: I want to mention that the reactions presented by the

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Speaker 2: main title sponsor of this show, Energized Health, this is

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Speaker 2: the program that.

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Speaker 3: Changed my life.

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Speaker 2: Now it can change yours. Go to energize health dot com.

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Speaker 2: Tell them more sent you get forty percent off. I

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Speaker 2: lost twenty five pounds of fat, not weight fat. It's

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Speaker 2: not a weight loss program. It's a fat loss program.

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Speaker 2: I didn't know I had an ounce of fat to lose.

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Speaker 2: I lost twenty five pounds in only eighty eight days

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Speaker 2: to start the program, and it turned me into a

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Speaker 2: younger version of myself.

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Speaker 3: It was my fountain of youth. It reversed aged me.

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Speaker 2: My face looked completely different than it did thirteen fourteen,

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Speaker 2: fifteen years before. I looked younger than fifteen years before.

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Speaker 3: That's under heard of.

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Speaker 2: I wound up with three TV shows, including this one.

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Speaker 2: The root reaction, Thank you, Energized Health. They've changed my life.

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Speaker 2: dot com. We'll be right back more stories.

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Speaker 4: On the root reaction.

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Speaker 3: All right, welcome back the roofs dot Fire. There's a

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Speaker 3: volage show. I was there with my wife, Cindy. I

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Speaker 3: forgot to send.

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Speaker 2: The pictures to James, my producer over at rav Oh.

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Speaker 3: Remind me to do that tomorrow. James. I've got photos

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Speaker 3: to show everybody.

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Speaker 2: We had a great time at Bellagio in Las Vegas,

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Speaker 2: which is one of the great tourist attractions of the

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Speaker 2: world for Christmas decorations this time of year.

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Speaker 3: The sponsor of.

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Speaker 2: This segment is Maga Meme coined and for a year now,

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Speaker 2: I've been telling you I went from a cryptoskeptic and naysayer.

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Speaker 2: I mean, I just thought crypto is the stupidest thing

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Speaker 2: in the world and a scam and a ripoff, and

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Speaker 2: it was like buying air. And now I'm a true

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Speaker 2: cryptos How we can all potentially build generational wealth. It's

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Speaker 2: real And who sees the light at the same time

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Speaker 2: as me, President Trump, we always seem to think alike

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Speaker 2: to New York businessmen.

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Speaker 3: President Trump has made crypto an official.

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Speaker 2: Part of his RNC platform, and now he's going to

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Speaker 2: be the first crypto president. Some call him the first

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Speaker 2: bitcoin president. And get this well, President Trump is unaffiliated

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Speaker 2: with maga coin. It's the largest token by the millions

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Speaker 2: of Trump's personal crypto wallet. Timing is everything in life.

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Speaker 2: Now is the perfect time to look into maga coin.

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Speaker 2: It's rapidly becoming one of the most popular crypto tokens

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Speaker 2: in the industry. It's cryptocurrency for Trump warriors. This is

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Speaker 2: the Maga movement on the blockchain.

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Speaker 3: Now I get it.

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Speaker 2: I love gold. I've always loved gold for twenty five years.

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Speaker 2: I've been buying gold every chance I get. Crypto is

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Speaker 2: digital gold.

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Speaker 3: Like gold.

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Speaker 2: It's a bet against Big Brother, it's a bet against

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Speaker 2: the arrogance and ignorance of government, and it's a bet

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Speaker 2: on the decline of the dollar. It's the most successful

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Speaker 2: charity driven crypto ever, having donated two million dollars for

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Speaker 2: veterans in need and to fight child trafficking great causes. So,

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Speaker 2: now this is not financial advice. I'm not a financial

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Speaker 2: advisor and I don't give financial advice. But if you

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Speaker 2: believe as I do, that this gigantic landslide win by

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Speaker 2: Trump means the next four years could be a golden

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Speaker 2: era of investing, a golden era on Wall Street, a

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Speaker 2: golden era on real estate, a golden era on crypto.

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Speaker 2: This could be a magical and remarkable time to own

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Speaker 2: maga coin, which is based on President Trump being president. Right, So,

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Speaker 2: whether your brand new cryptocurrency or seasoned crypto investor, head

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Speaker 2: on over to Maga memecoin dot com, Maga memecoin dot com,

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Speaker 2: or scan the QR code on the screen right next

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Speaker 2: to me, right now, the QR code. Scan it with

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Speaker 2: your cell phone to learn more and get involved. Find

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Speaker 2: out more at maga memecoin dot com. All right, we've

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Speaker 2: got our two guests here today at this moment is

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Speaker 2: our guest segment. We've got Martin Armstrong, who is the

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Speaker 2: legendary economic forecast.

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Speaker 3: He's been on our show. This is a repeat return

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Speaker 3: for Martin.

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Speaker 2: His website is Armstrong Economics dot com. Armstrong Economics dot com.

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Speaker 2: And James Patrick, who's the documentary filmmaker of cbd C

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Speaker 2: as in Central Bank Digital Currency, The End of Money

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Speaker 2: and his website is cb d C The Endomney dot com.

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Speaker 3: Martin and James, welcome to my show.

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Speaker 2: Merry Christmas, doll, Hey Christmas. So and we can say

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Speaker 2: that now because Trump is going to be the president,

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Speaker 2: so we can actually say Merry Christmas without being kicked off.

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Speaker 3: TV for being woke. It's good.

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Speaker 2: So look, there's a film out there that James, you produced.

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Speaker 2: It's called up cb d C obviously Central Bank Digital Currency,

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Speaker 2: The End of Money, and the website is CBDC The

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Speaker 2: endof Money dot com.

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Speaker 3: We'll start with the film.

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Speaker 2: It's a all to action for people to understand central

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Speaker 2: bank digital currencies and the threats we're facing. And I

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Speaker 2: understand that it's a nightmare because if it happens, I

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Speaker 2: am dead, I'm debanked. They will destroy my life because

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Speaker 2: I'm a conservative, I'm a Republican, I'm a I'm a libertarian,

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Speaker 2: I'm a patriot, and I hate these communist scumbags and

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Speaker 2: so they will absolutely debank me and destroy my life

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Speaker 2: once they're able to control and see everything I do

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Speaker 2: with my money. That's the whole point of central bank

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Speaker 2: digital currencies, correct, James.

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Speaker 5: Yeah, it's it's more of a it's it's designed to

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Speaker 5: control people and not really to facilitate the economic exchange.

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Speaker 5: Because it's uh, the definite deviolates some of the basic

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Speaker 5: definitions of money, which is it's readily acceptable by anyone. Here,

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Speaker 5: they can put limitations and say, you know, such and

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Speaker 5: such a merchant and cannot accept money from this or

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Speaker 5: that person. So they're they're they're limiting what you can

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Speaker 5: do with your own money. So it's a digression of money,

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Speaker 5: and it's really a system of controlling people. So there's

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Speaker 5: no good in it.

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Speaker 2: And that's already it's already started in other words, around

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Speaker 2: the world. I think they're they're about to put this

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Speaker 2: into effect that God would Trump as president. I don't

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Speaker 2: think there's any chance it will happen in America for

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Speaker 2: the next four years, but they wanted it badly, and

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Speaker 2: if Kamala had won, I have no doubt it would

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Speaker 2: have happened here.

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Speaker 3: But I'm sure it's a threat to happen around the world.

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Speaker 2: And we've already had that God I forgot the name,

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Speaker 2: but that operation something in the United States that that

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Speaker 2: made sure that you know, uh, banks and credit card

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Speaker 2: companies could not or should not do business with with

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Speaker 2: gun stores and with gold stores, and you know, anybody crypto,

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Speaker 2: anybody that's anti government or sees the fallacy of depending

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Speaker 2: on government. They tried to Operation Chokehold. That was the

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Speaker 2: name Operation choke Hold. So we've already seen government in

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Speaker 2: the States trying to do a version of this, to

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Speaker 2: be a policeman and tell people who you could do

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Speaker 2: business with and who you can't. So we know this

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Speaker 2: is something I want to do. Is this what your

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Speaker 2: film is all about, James?

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Speaker 5: Yeah, The film really tracks explains what are cbdc's, the

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Speaker 5: fact that the Bank of International Settlements has piloted these

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Speaker 5: things around the world in almost every central bank around

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Speaker 5: the world. It also covers the origins of bitcoin, how

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Speaker 5: that relates to the CBDC projects, and the tokenization of

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Speaker 5: all assets worldwide. So there's It covers a number of

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Speaker 5: topics as well as natural asset companies and and really

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Speaker 5: what we can do about it? What are some solutions?

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Speaker 2: So Martin you're you're here at the same time as James,

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Speaker 2: because I assume you're a big backer of this film

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Speaker 2: and you want to promote this film, and you understand

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Speaker 2: how bad see a central bank digital currency CBDC is

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Speaker 2: for the world, and you're here to make sure all

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Speaker 2: of us hear it from a megaphone, right.

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Speaker 6: Yes, I mean in my company, we have offices around

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Speaker 6: the world. So this is not just an American issue.

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Speaker 6: We're seeing it in Europe, even the Middle East. I mean,

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Speaker 6: it's it's everywhere. As you know James put in the film,

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Speaker 6: the first experiment was in Nigeria. So this has been

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Speaker 6: a plan mainly because both sides of the Atlantic, they

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Speaker 6: assume that about thirty five percent of the economy is

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Speaker 6: underground and people aren't paying taxes, and so this is

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Speaker 6: a way to eliminate physical money.

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Speaker 3: And then therefore, in their vision.

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Speaker 6: They'll have every you know, they'll have their fifty percent

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Speaker 6: if you know, of everything.

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Speaker 3: It's right, This is just the way they are, you know.

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Speaker 6: You know, I've dealt with governments for a long time

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Speaker 6: and they see honest is the enemy. Basically that they

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Speaker 6: would not have a deficit if it wasn't for us,

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Speaker 6: you know so, and I'd argue, look, no matter what

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Speaker 6: you collect, you'll always spend more anyhouse. But you know

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Speaker 6: that's the way it is. There are no mirrors in

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Speaker 6: Washington or Brussels or anything. We are always the problem.

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Speaker 3: You know. It's it's interesting.

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Speaker 2: I know who wants to tackle this question, Martin or James,

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Speaker 2: But you know, not everybody who has cash is in

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Speaker 2: the underground economy. Everyone I know who's smart, has you know,

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00:19:42,760 --> 00:19:45,399
Speaker 2: ten thousand dollars put away to safety deposit box or

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Speaker 2: one hundred thousand or a million in their closet or

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Speaker 2: bury their backyard. It's not from ill gotten gains. I've

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Speaker 2: never been in drugs. I've never done a thing in

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Speaker 2: my life in the underground economy. But I try and

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Speaker 2: save money that I will not put in a bank

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Speaker 2: that is only available to me.

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Speaker 3: So that's money I've already.

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Speaker 2: Paid tax on. There's nothing illegal about it. What would

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Speaker 2: happen to all that money? Would that money be gone?

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Speaker 2: They go and they press a button, and we wouldn't

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Speaker 2: have that money anymore.

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Speaker 6: They assume it's It's just their new definition of money

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Speaker 6: laundering is hiding money, even in the safety deposit box.

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Speaker 3: Even if you live in already I know, you know,

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Speaker 3: they assume you didn't.

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Speaker 6: I live in Florida. We just had two hurricanes. The

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Speaker 6: internet was down for you know, about ten days, and

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Speaker 6: if you did not have cash, you were dead in

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Speaker 6: the water. They couldn't even take nobody could even take

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Speaker 6: a credit card.

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Speaker 3: Right. No, I agree. I love cash.

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Speaker 2: I've always loved cash, But I don't make cash. I

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Speaker 2: pay my taxes. Everything I make is either giving me

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Speaker 2: a credit card or a check. I pay my taxes. Obviously,

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Speaker 2: I take as many as reductions I can legally, but

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Speaker 2: I pay my taxes, and then I grab ten percent

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Speaker 2: of whatever I make and I keep it somewhere in cash.

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Speaker 3: That's none of the government's gosh darn business. Screw them.

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Speaker 2: So they would say, we've wiped your money away right

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Speaker 2: the moment they press that button.

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Speaker 3: James, and we've got central bank digital currency. Is that

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Speaker 3: money gone?

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Speaker 2: Or they'd say you have to bring your cash in

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Speaker 2: and we'll trade it for digital money.

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Speaker 3: Is it gone or you get to keep it?

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Speaker 6: Yes, that's what they'll do. In Europe, they routinely cancel

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Speaker 6: currency and you have to take the old currency into

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Speaker 6: the central bank and they swap it for the new one.

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Speaker 3: That's how they do it.

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Speaker 6: And I mean I even went behind the Berlin Wall

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Speaker 6: in the seventies they did the same thing. They confiscate

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Speaker 6: your money. Here's your receipt. You got to go to

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Speaker 6: the central bank to go get it back.

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Speaker 3: You know, got it? And I said, oh, you know,

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Speaker 3: and we don't want that. You're not capital, so we

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Speaker 3: don't want that. In America. We don't want that.

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Speaker 2: Hey, before we run out of time, let me ask

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Speaker 2: James an important question, James, how does bitcoin affect a

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Speaker 2: your movie and the things you talk about in your movie?

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Speaker 2: How does it affect central bank digitual currency. I assume

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Speaker 2: that's why goverment hates crypto and bitcoin, because it also

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Speaker 2: allows people to have some autonomy and some freedom and

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Speaker 2: not buy into the government system.

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Speaker 3: Am I am? I right about that?

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Speaker 5: Well, it's a little more complicated. I think it's possible

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00:22:24,520 --> 00:22:31,360
Speaker 5: Bitcoin was created by the central bankers and launched through

440
00:22:31,400 --> 00:22:34,800
Speaker 5: the intelligence agencies to then sort of be a trojan

441
00:22:34,840 --> 00:22:38,720
Speaker 5: horse to get us comfortable with this Internet of things,

442
00:22:38,760 --> 00:22:41,320
Speaker 5: Internet of the digital money. I don't think if they

443
00:22:41,400 --> 00:22:44,840
Speaker 5: just came out directly with central bank digital currencies, it

444
00:22:44,880 --> 00:22:46,520
Speaker 5: would be cost them a lot of money, take a

445
00:22:46,560 --> 00:22:48,880
Speaker 5: lot of time to build out all these programs. Now

446
00:22:48,880 --> 00:22:51,920
Speaker 5: they kind of got they got everyone excited, everyone's making

447
00:22:51,960 --> 00:22:54,600
Speaker 5: money on it, and they're kind of gulled into it.

448
00:22:54,680 --> 00:22:58,399
Speaker 5: So although I don't think it's not necessarily always a

449
00:22:58,440 --> 00:23:02,680
Speaker 5: bad investment, I'm a little cautious of what who who,

450
00:23:03,440 --> 00:23:06,440
Speaker 5: the true nature of what was behind it. So it's

451
00:23:06,520 --> 00:23:09,920
Speaker 5: it's really serving the purpose of testing and prototyping the technology,

452
00:23:10,520 --> 00:23:14,720
Speaker 5: softening us our acceptance to it, and while we make

453
00:23:14,800 --> 00:23:17,280
Speaker 5: money as it goes up. They kind of lure us

454
00:23:17,280 --> 00:23:23,920
Speaker 5: into a trap of of getting into this panopticon of everything, everybody, person,

455
00:23:24,200 --> 00:23:27,520
Speaker 5: object on the earth being tokenized and put into a

456
00:23:27,520 --> 00:23:31,040
Speaker 5: giant universal database Ledger, and then they can have an

457
00:23:31,040 --> 00:23:35,960
Speaker 5: AI brain run us like Sheepe. So I fought these

458
00:23:35,960 --> 00:23:40,040
Speaker 5: ideas in the film. I'm not saying it's necessarily, but

459
00:23:40,080 --> 00:23:42,479
Speaker 5: I got the editor Bickling Magazine on camera saying that,

460
00:23:42,680 --> 00:23:44,159
Speaker 5: you know, so, I.

461
00:23:44,119 --> 00:23:48,200
Speaker 2: Don't want to hear any more about this. Just carry me, Martin. Martin,

462
00:23:48,280 --> 00:23:51,200
Speaker 2: let me ask you about tomorrow, Martin. Is the FED

463
00:23:51,240 --> 00:23:53,199
Speaker 2: gonna cut rates? Where do you think they're going with

464
00:23:53,280 --> 00:23:57,040
Speaker 2: interest rates?

465
00:23:57,920 --> 00:24:00,320
Speaker 3: They may the Fed reales.

466
00:24:00,760 --> 00:24:05,520
Speaker 6: The biggest problem actually is that Kinges in economics is dead.

467
00:24:06,680 --> 00:24:12,080
Speaker 6: They were raising interest rates to stop inflation. When Kings

468
00:24:12,640 --> 00:24:15,800
Speaker 6: came up with this theory, it was the nineteen thirties

469
00:24:16,840 --> 00:24:20,120
Speaker 6: when the US had a balanced budget. Today the government

470
00:24:20,200 --> 00:24:21,600
Speaker 6: is the biggest barrower.

471
00:24:21,280 --> 00:24:21,760
Speaker 3: In the room.

472
00:24:22,480 --> 00:24:26,400
Speaker 6: So the problem is they raised interest rates to fight inflation,

473
00:24:26,960 --> 00:24:30,920
Speaker 6: and we have our interest expenditures this year will be

474
00:24:31,119 --> 00:24:37,600
Speaker 6: above military and hit a trillion dollars. So actually the

475
00:24:37,040 --> 00:24:39,439
Speaker 6: FED is if we didn't run out.

476
00:24:39,280 --> 00:24:42,080
Speaker 3: In the heart place, if we didn't have Trump, I

477
00:24:42,080 --> 00:24:44,680
Speaker 3: think the economy will go under. We'd have a massive collapse.

478
00:24:45,119 --> 00:24:48,280
Speaker 2: But Trump is good with money, and he's pretty good

479
00:24:48,320 --> 00:24:51,280
Speaker 2: with debt because he used to be so heavily in debt.

480
00:24:51,160 --> 00:24:53,240
Speaker 3: He got out of it. He might be a magician

481
00:24:53,640 --> 00:24:55,840
Speaker 3: getting us out of it. I hope, I hope we

482
00:24:55,920 --> 00:24:57,080
Speaker 3: have a golden age coming up.

483
00:24:57,280 --> 00:24:59,280
Speaker 2: But we'll have to have you back again to talk

484
00:24:59,280 --> 00:25:01,480
Speaker 2: about this because we're at a time there's cream in

485
00:25:01,480 --> 00:25:01,679
Speaker 2: my ear.

486
00:25:01,720 --> 00:25:02,640
Speaker 3: We'll getting a ten count.

487
00:25:02,880 --> 00:25:06,040
Speaker 2: How do we find Martin Armstrong Armstrong Economics dot com?

488
00:25:06,160 --> 00:25:10,119
Speaker 2: How do we find James Patrick's film C B d C.

489
00:25:10,440 --> 00:25:13,879
Speaker 2: The End of Money dot com, Central Bankdigital Currency, the

490
00:25:14,040 --> 00:25:16,800
Speaker 2: Endo money dot Com. Thanks for having you both on, guys,

491
00:25:16,800 --> 00:25:19,560
Speaker 2: Merry Christmas. We'll be right back, Wayne, alarut. This is

492
00:25:19,600 --> 00:25:20,600
Speaker 2: the root reaction.

493
00:25:34,680 --> 00:25:36,120
Speaker 3: That I rapped a couple.

494
00:25:36,200 --> 00:25:36,320
Speaker 7: Now.

495
00:25:37,760 --> 00:25:39,080
Speaker 3: I don't know why it random.

496
00:25:39,080 --> 00:25:41,520
Speaker 2: I picked the ones I pick, but I know I

497
00:25:41,560 --> 00:25:43,680
Speaker 2: get letters to all of you afterwards saying.

498
00:25:43,520 --> 00:25:45,840
Speaker 3: You pick, bye, you pick by Wayne, I love you.

499
00:25:46,320 --> 00:25:47,960
Speaker 2: So uh the first one I'm not sure if I

500
00:25:48,000 --> 00:25:51,239
Speaker 2: can pronounce her name, but I know it's an Irish

501
00:25:51,280 --> 00:25:53,480
Speaker 2: female name, sea Bon se Bon.

502
00:25:53,920 --> 00:25:55,639
Speaker 3: Sia Bon says, good afternoon, Wayne.

503
00:25:55,640 --> 00:25:57,840
Speaker 2: I just wanted to let you know that I had

504
00:25:57,880 --> 00:26:01,720
Speaker 2: sent your book How Democrat To Made America Great to

505
00:26:01,840 --> 00:26:05,639
Speaker 2: my sister in law in Alexandria, Virginia. She just receives

506
00:26:05,680 --> 00:26:08,359
Speaker 2: it and she loves it. She's placed on a coffee

507
00:26:08,400 --> 00:26:11,159
Speaker 2: table for everyone to see. You were a genius and

508
00:26:11,200 --> 00:26:14,760
Speaker 2: you made her day as well as mine. Thank you, Siabon,

509
00:26:14,920 --> 00:26:17,840
Speaker 2: Thank you, Siabon, thank you. And then this one is

510
00:26:18,880 --> 00:26:24,440
Speaker 2: is really nice. This one is from Andrea in Oklahoma,

511
00:26:25,160 --> 00:26:27,480
Speaker 2: and she says, mister Ruth, you are seriously number one,

512
00:26:27,520 --> 00:26:30,720
Speaker 2: my absolute favorite on every level, my favorite show, my

513
00:26:30,800 --> 00:26:35,000
Speaker 2: favorite choice for President twenty twenty eight. President Trump and

514
00:26:35,040 --> 00:26:37,400
Speaker 2: you are tied in many ways I know by this one,

515
00:26:37,440 --> 00:26:39,480
Speaker 2: she says, and in many ways you exceed him.

516
00:26:40,040 --> 00:26:40,280
Speaker 3: Yes.

517
00:26:40,400 --> 00:26:43,560
Speaker 2: In fact, I'm also emailing to thank you for answering

518
00:26:43,600 --> 00:26:44,720
Speaker 2: most emails you receive.

519
00:26:44,800 --> 00:26:46,440
Speaker 3: As you stated a couple of nights ago.

520
00:26:46,600 --> 00:26:48,919
Speaker 2: And I know this firsthand. You are thoroughly good to

521
00:26:48,960 --> 00:26:52,879
Speaker 2: your soul. Thank you for not making viewers feel insignificant.

522
00:26:53,359 --> 00:26:58,960
Speaker 2: Please look at your wife and think first lady. Sincerely,

523
00:26:59,119 --> 00:27:02,600
Speaker 2: Andrea in Oaka, Oklahoma. Thank you, Andrea, Thank you, Cia Bond.

524
00:27:02,600 --> 00:27:05,280
Speaker 2: We've got a great guest with us now. I love

525
00:27:05,320 --> 00:27:08,560
Speaker 2: my fans. I appreciate all of you. Tyler herriage is

526
00:27:08,600 --> 00:27:11,160
Speaker 2: with us now. You've seen Kip Erridge on this show

527
00:27:11,240 --> 00:27:14,560
Speaker 2: so many times. He is our economic guru or economic genius.

528
00:27:14,600 --> 00:27:17,879
Speaker 2: Speaking of geniuses, Tyler is his son, who is his

529
00:27:18,040 --> 00:27:21,520
Speaker 2: partner and his co owner of the business and who

530
00:27:21,600 --> 00:27:25,800
Speaker 2: is an economic expert partner at Vertical Research Advisory. The

531
00:27:25,840 --> 00:27:29,879
Speaker 2: website is VR insider dot com. That address is only

532
00:27:29,920 --> 00:27:32,920
Speaker 2: for my fans. You automatically get two weeks free when

533
00:27:32,920 --> 00:27:36,080
Speaker 2: you join at vr insider dot com, so you can

534
00:27:36,160 --> 00:27:38,120
Speaker 2: check it out for two weeks, but you also get

535
00:27:38,160 --> 00:27:40,960
Speaker 2: a preview on the show of how smart these guys are.

536
00:27:41,320 --> 00:27:45,120
Speaker 3: Tyler genius number two. Kip is one year two. How

537
00:27:45,160 --> 00:27:47,000
Speaker 3: are you hey?

538
00:27:47,119 --> 00:27:49,119
Speaker 4: Doing great? Wayne? Thank you for having me back on.

539
00:27:51,119 --> 00:27:52,639
Speaker 3: That's my honor and pleasure.

540
00:27:53,320 --> 00:27:56,720
Speaker 2: We've seen a great post election rally, fueled by the

541
00:27:56,760 --> 00:27:59,800
Speaker 2: excitement of President Trump returning to office. We just hit

542
00:27:59,840 --> 00:28:02,480
Speaker 2: all all time highs and of course now we're in

543
00:28:02,760 --> 00:28:05,680
Speaker 2: kind of a crappy period because I just read today

544
00:28:05,840 --> 00:28:06,640
Speaker 2: at CNBC.

545
00:28:07,119 --> 00:28:10,120
Speaker 3: This is what the ninth data world. The market's down, first.

546
00:28:10,000 --> 00:28:13,920
Speaker 2: Time that's happened since the nineteen seventies. So where are

547
00:28:13,960 --> 00:28:16,439
Speaker 2: we going from here? We got the all time highs

548
00:28:16,800 --> 00:28:18,600
Speaker 2: and we got a terrible nine day run.

549
00:28:18,880 --> 00:28:19,960
Speaker 3: Where are we going from here?

550
00:28:21,680 --> 00:28:23,200
Speaker 4: And no way, that's exactly right.

551
00:28:23,280 --> 00:28:25,440
Speaker 7: We did just have a rough stretch for the Dow

552
00:28:25,600 --> 00:28:28,760
Speaker 7: Jones here, which, like you said, nine down sessions in

553
00:28:28,800 --> 00:28:32,199
Speaker 7: a row, the most since nineteen seventy eight. On the

554
00:28:32,200 --> 00:28:35,200
Speaker 7: flip side, we did just have the Naszac hit an

555
00:28:35,200 --> 00:28:39,400
Speaker 7: all time high yesterday. And one more clarifying point here

556
00:28:39,400 --> 00:28:42,480
Speaker 7: for the Dow Jones. Yes, it's been rough nine sessions,

557
00:28:42,800 --> 00:28:45,480
Speaker 7: but they'd hit all time highs before that as well.

558
00:28:45,520 --> 00:28:49,120
Speaker 7: We're only three point seven percent away from all time

559
00:28:49,200 --> 00:28:51,760
Speaker 7: highs in the Dow Jones, so you know, kind.

560
00:28:51,640 --> 00:28:53,280
Speaker 4: Of a run of the mill pullback here.

561
00:28:53,320 --> 00:28:56,640
Speaker 7: It's been a phenomenal rally since the election for all

562
00:28:56,720 --> 00:28:58,520
Speaker 7: kinds of access asset.

563
00:28:58,200 --> 00:29:01,760
Speaker 4: Classes, and we do think that this is just the beginning.

564
00:29:01,840 --> 00:29:05,840
Speaker 7: Of what we can expect from the Trump economic.

565
00:29:05,400 --> 00:29:08,680
Speaker 4: Miracle two point zero. But we didn't just start saying this.

566
00:29:08,840 --> 00:29:11,520
Speaker 7: Kip and I published our book The big bribe two

567
00:29:11,600 --> 00:29:15,080
Speaker 7: years ago where we call it for an innovation revolution

568
00:29:15,480 --> 00:29:18,680
Speaker 7: and the Roaring twenty twenties as well. And now that

569
00:29:18,720 --> 00:29:21,720
Speaker 7: we do have the Trump Economic Miracle two point zero

570
00:29:21,840 --> 00:29:24,600
Speaker 7: where we can hopefully get back to a more lase

571
00:29:24,800 --> 00:29:31,080
Speaker 7: fair style of economy, deregulation, task cuts, unleashing the American

572
00:29:31,120 --> 00:29:35,720
Speaker 7: consumer and company bringing animal spirits back to our markets

573
00:29:35,760 --> 00:29:39,000
Speaker 7: here has us even more bullish than we were at

574
00:29:39,000 --> 00:29:41,760
Speaker 7: the beginning of this year. So we do look for

575
00:29:42,160 --> 00:29:45,680
Speaker 7: a continued run in this bull market here where we

576
00:29:45,800 --> 00:29:47,720
Speaker 7: remain very bullish going forward.

577
00:29:49,120 --> 00:29:51,000
Speaker 2: You know, I'm a very open minded guy. And the

578
00:29:51,040 --> 00:29:53,600
Speaker 2: proof is that I hate electric cars. I want to

579
00:29:53,600 --> 00:29:56,240
Speaker 2: throw them in the garbage and set them on fire.

580
00:29:56,720 --> 00:29:59,920
Speaker 2: I hate them. They don't work, they're stupid that we'll

581
00:30:00,080 --> 00:30:03,719
Speaker 2: run our economy. Everyone's losing all their money except for Tesla.

582
00:30:03,960 --> 00:30:05,200
Speaker 2: I hate electric cars.

583
00:30:05,280 --> 00:30:06,000
Speaker 3: I made that clear.

584
00:30:06,520 --> 00:30:08,880
Speaker 2: But your dad, you told me to invest in Tesla,

585
00:30:08,960 --> 00:30:11,480
Speaker 2: and I did. And it's up through the roof and

586
00:30:11,520 --> 00:30:14,719
Speaker 2: I've made a lot of money. So it's it's up

587
00:30:14,840 --> 00:30:17,760
Speaker 2: eighty four percent since November three.

588
00:30:18,240 --> 00:30:22,640
Speaker 3: It's really quite amazing. And Elon Musk is now made

589
00:30:22,640 --> 00:30:26,040
Speaker 3: an extra two hundred billion dollars. This is crazy.

590
00:30:26,640 --> 00:30:30,440
Speaker 2: So I may hate electric cars, but thank you guys

591
00:30:30,600 --> 00:30:31,280
Speaker 2: very very much.

592
00:30:33,960 --> 00:30:35,760
Speaker 4: No, I would agree with you there, Wayne.

593
00:30:35,960 --> 00:30:39,360
Speaker 7: I'm not a big fan of electric vehicles either, except

594
00:30:39,520 --> 00:30:41,680
Speaker 7: for Tesla, who somehow.

595
00:30:41,240 --> 00:30:43,560
Speaker 4: Elon has figured out how to do this right.

596
00:30:43,680 --> 00:30:47,880
Speaker 7: No, exactly, and Elon has done it, you know, incredible vehicles,

597
00:30:47,920 --> 00:30:50,880
Speaker 7: the cyber truck, and so many different areas that this

598
00:30:50,960 --> 00:30:54,520
Speaker 7: company has potential in that we may not have enough

599
00:30:54,560 --> 00:30:57,040
Speaker 7: time to get into all of them here today, but

600
00:30:57,120 --> 00:30:59,280
Speaker 7: I do want to make a pretty bold prediction here

601
00:30:59,320 --> 00:31:01,800
Speaker 7: for your list of just how bullish we are on

602
00:31:01,840 --> 00:31:05,360
Speaker 7: Tesla as well and really on Elon Musk as a whole,

603
00:31:06,080 --> 00:31:10,280
Speaker 7: that over the next five years, Tesla has the potential

604
00:31:10,680 --> 00:31:14,880
Speaker 7: to make Apple look like a toy company going forward.

605
00:31:15,520 --> 00:31:18,160
Speaker 7: As we see it, Apple is the largest company in America.

606
00:31:18,280 --> 00:31:21,600
Speaker 7: Great company, so I'm not trying to talk down about Apple,

607
00:31:22,360 --> 00:31:24,760
Speaker 7: but they are the largest company in America right now.

608
00:31:24,880 --> 00:31:27,760
Speaker 7: Tesla is less than half the size of Apple at

609
00:31:27,760 --> 00:31:30,520
Speaker 7: a one and a half trillion dollar valuation. But there

610
00:31:30,520 --> 00:31:34,360
Speaker 7: are five parts of Tesla's business, most of which don't

611
00:31:34,400 --> 00:31:37,720
Speaker 7: even get talked about regularly, that we think could call

612
00:31:37,840 --> 00:31:41,920
Speaker 7: for a one trillion dollar valuation a piece, so taking

613
00:31:41,960 --> 00:31:45,280
Speaker 7: Tesla to at least a five trillion dollar company. Again,

614
00:31:46,560 --> 00:31:49,560
Speaker 7: real innovations here, beyond what Apple is doing. So I

615
00:31:49,600 --> 00:31:51,720
Speaker 7: think that that's the future we have to look forward to.

616
00:31:54,480 --> 00:31:56,640
Speaker 2: I think the message is, Tyler, you want me to

617
00:31:56,720 --> 00:32:00,960
Speaker 2: keep holding my Tesla, don't sell it it I get

618
00:32:01,000 --> 00:32:02,960
Speaker 2: it no matter where it goes, add to it. I

619
00:32:03,000 --> 00:32:06,360
Speaker 2: feel that way bit Bitcoin too, now again the same way.

620
00:32:06,400 --> 00:32:08,960
Speaker 2: I always had a red hot hatred for electric vehicles,

621
00:32:09,160 --> 00:32:11,520
Speaker 2: and I think it's a big scam other than Tesla,

622
00:32:11,560 --> 00:32:12,600
Speaker 2: and they're all losing money.

623
00:32:12,600 --> 00:32:13,680
Speaker 3: Other than Tesla.

624
00:32:13,760 --> 00:32:17,520
Speaker 2: I've always hated crypto at Bitcoin, I thought it was

625
00:32:17,560 --> 00:32:19,600
Speaker 2: a scam. I thought it was like the tulip scam.

626
00:32:19,920 --> 00:32:23,320
Speaker 2: You own nothing, it's ridiculous. In the last two years,

627
00:32:23,320 --> 00:32:26,400
Speaker 2: because of your dad and you, I started to love

628
00:32:27,000 --> 00:32:29,840
Speaker 2: the whole crypto story and the bitcoin story. And now

629
00:32:29,880 --> 00:32:32,800
Speaker 2: I've bought into it and I own Bitcoin, and it's

630
00:32:32,840 --> 00:32:36,720
Speaker 2: gone through the roof since Trump won. I think it's

631
00:32:36,800 --> 00:32:39,360
Speaker 2: up the same kind of number as Tesla.

632
00:32:39,720 --> 00:32:42,920
Speaker 3: It's amazing. It hit one hundred and seven thousand today.

633
00:32:43,400 --> 00:32:46,240
Speaker 2: Your dad came up my show and told everyone, even

634
00:32:46,240 --> 00:32:47,960
Speaker 2: though he recommended it starting.

635
00:32:47,640 --> 00:32:48,440
Speaker 3: At two thousand.

636
00:32:48,840 --> 00:32:50,800
Speaker 2: He came to my show a few months ago and

637
00:32:50,800 --> 00:32:52,280
Speaker 2: it was at fifty two thousand.

638
00:32:52,280 --> 00:32:52,680
Speaker 3: That day.

639
00:32:52,920 --> 00:32:55,440
Speaker 2: That number seared in my brain because that was the

640
00:32:55,560 --> 00:32:58,560
Speaker 2: day I bought a ton of bitcoin. And now it's

641
00:32:58,600 --> 00:33:01,520
Speaker 2: at one hundred and seven thousand, and he said, it's

642
00:33:01,520 --> 00:33:05,280
Speaker 2: going through the roof. Where do you think bitcoin's headed silent?

643
00:33:06,840 --> 00:33:09,440
Speaker 4: Now, that's a great question there, and there's no doubt

644
00:33:09,480 --> 00:33:09,880
Speaker 4: about it.

645
00:33:09,880 --> 00:33:12,520
Speaker 7: It's been one of the biggest winners since Trump has

646
00:33:12,560 --> 00:33:13,840
Speaker 7: been re elected.

647
00:33:13,920 --> 00:33:14,200
Speaker 4: Here.

648
00:33:14,240 --> 00:33:16,760
Speaker 7: Our year in target at the beginning of twenty twenty

649
00:33:16,800 --> 00:33:20,680
Speaker 7: four was for one hundred thousand dollars a bitcoin. We've

650
00:33:20,760 --> 00:33:23,360
Speaker 7: hit that level now, and so we go on to

651
00:33:23,440 --> 00:33:26,440
Speaker 7: our next target. Our two year target from here is

652
00:33:26,640 --> 00:33:29,640
Speaker 7: two hundred and fifty thousand, and I agree with you there.

653
00:33:29,720 --> 00:33:32,360
Speaker 7: You know, there's a lot of speculation out there. Is

654
00:33:32,400 --> 00:33:36,239
Speaker 7: this a tula Mania kind of bubble. You know, we

655
00:33:36,280 --> 00:33:38,560
Speaker 7: could get to the point where that might be the case,

656
00:33:38,600 --> 00:33:42,120
Speaker 7: but we're still in the early innings here. As Trump

657
00:33:42,160 --> 00:33:46,800
Speaker 7: reemphasized yesterday his plans to create a strategic bitcoin reserve,

658
00:33:47,400 --> 00:33:49,400
Speaker 7: we think that's going to add fuel to the fire

659
00:33:49,560 --> 00:33:52,680
Speaker 7: for this market, not only because of the US reserve

660
00:33:53,000 --> 00:33:56,120
Speaker 7: but other countries will follow suit try to front run

661
00:33:56,200 --> 00:34:00,560
Speaker 7: the US into that point, and companies as well adding

662
00:34:00,600 --> 00:34:03,360
Speaker 7: bitcoin to their balance sheet. We've seen what success that

663
00:34:03,400 --> 00:34:07,120
Speaker 7: has done for companies like micro Strategy. Tesla also has

664
00:34:07,160 --> 00:34:10,360
Speaker 7: some bitcoin on their balance sheet as well. We expect

665
00:34:10,480 --> 00:34:13,600
Speaker 7: more and more companies to do that going forward, which

666
00:34:13,640 --> 00:34:16,080
Speaker 7: further legitimizes.

667
00:34:15,320 --> 00:34:18,000
Speaker 4: Bitcoin, as we've seen in sec rulings.

668
00:34:18,160 --> 00:34:22,200
Speaker 7: Now the launch of ETFs and options further legitimize this

669
00:34:22,360 --> 00:34:26,120
Speaker 7: as an asset class. So we do remain extremely bullish

670
00:34:26,160 --> 00:34:29,040
Speaker 7: on this as well. Early innings here for bitcoin that's

671
00:34:29,040 --> 00:34:31,560
Speaker 7: tough to say when we just crossed one hundred thousand

672
00:34:32,239 --> 00:34:35,920
Speaker 7: on such a massive year like we've seen, but we

673
00:34:36,040 --> 00:34:39,400
Speaker 7: do continue to expect bitcoin to run to the upside

674
00:34:39,440 --> 00:34:39,880
Speaker 7: as well.

675
00:34:41,520 --> 00:34:43,799
Speaker 2: You're being a little on the humble side because your

676
00:34:43,880 --> 00:34:46,720
Speaker 2: dad said a million, it's going to a million two.

677
00:34:46,600 --> 00:34:49,439
Speaker 3: Fifty in the next four years, but eventually it's going

678
00:34:49,480 --> 00:34:50,080
Speaker 3: to a million.

679
00:34:50,400 --> 00:34:54,080
Speaker 2: So Tesla, I'm a bitcoin, gold and gold mining, which

680
00:34:54,080 --> 00:34:57,320
Speaker 2: you are at the four prongs of my portfolio, because

681
00:34:57,320 --> 00:34:59,960
Speaker 2: they are the four prongs of what you've been recommending.

682
00:35:00,400 --> 00:35:02,680
Speaker 2: I would say the idea is to hold them all,

683
00:35:03,040 --> 00:35:05,680
Speaker 2: don't take profits, don't run away for them. They have

684
00:35:05,880 --> 00:35:08,000
Speaker 2: more to run, a lot more to run. Am I

685
00:35:08,040 --> 00:35:09,399
Speaker 2: on the right trail here?

686
00:35:10,520 --> 00:35:13,799
Speaker 7: That's exactly it and going forward from here, We've said

687
00:35:13,800 --> 00:35:15,960
Speaker 7: it for the last two years and our view remains

688
00:35:16,080 --> 00:35:19,399
Speaker 7: unchanged that buying the dip, any pullbacks that you get,

689
00:35:19,560 --> 00:35:22,600
Speaker 7: use those as buying opportunities, and like you said, don't

690
00:35:22,640 --> 00:35:24,160
Speaker 7: sell those existing positions.

691
00:35:25,880 --> 00:35:26,280
Speaker 3: Yeah.

692
00:35:26,320 --> 00:35:28,719
Speaker 2: Just in the last few months, I built a portfolio

693
00:35:29,120 --> 00:35:32,839
Speaker 2: just based on your advice as in VRA insider dot

694
00:35:32,880 --> 00:35:37,320
Speaker 2: com Kip and Tyler erriage, and I'm up over forty percent.

695
00:35:37,840 --> 00:35:40,279
Speaker 2: The average person's thrilled if they're up five percent for

696
00:35:40,320 --> 00:35:42,560
Speaker 2: the year, Tan is like the greatest year ever.

697
00:35:42,880 --> 00:35:44,759
Speaker 3: I'm up over forty percent.

698
00:35:44,800 --> 00:35:47,520
Speaker 2: I think it's like forty four or forty five percent

699
00:35:47,600 --> 00:35:52,160
Speaker 2: in four months thanks to your recommendations. I really appreciate it.

700
00:35:52,400 --> 00:35:55,360
Speaker 2: We have one minute left, give me like a thirty second.

701
00:35:55,840 --> 00:35:58,640
Speaker 3: How do you do it? You guys have a crystal ball.

702
00:35:59,000 --> 00:36:01,920
Speaker 3: I've never caught you. You're wrong? How's that possible?

703
00:36:03,560 --> 00:36:05,600
Speaker 4: Well? Wait, first of all, great to hear that.

704
00:36:05,800 --> 00:36:08,120
Speaker 7: Love hearing that, and that's exactly what we strive to

705
00:36:08,160 --> 00:36:11,439
Speaker 7: do for our clients here on a daily basis. We're

706
00:36:11,480 --> 00:36:14,759
Speaker 7: different from most Wall Street firms. We're a financial publisher,

707
00:36:14,840 --> 00:36:18,040
Speaker 7: so we publish our newsletters on a daily basis, every

708
00:36:18,080 --> 00:36:22,160
Speaker 7: morning before the market opens. And what's different about us

709
00:36:22,239 --> 00:36:24,440
Speaker 7: is that we don't manage your money, so we have

710
00:36:24,680 --> 00:36:28,560
Speaker 7: none of the classic Wallstreet conflicts of interest. We tell

711
00:36:28,600 --> 00:36:32,880
Speaker 7: you exactly what we're doing with our funds here and

712
00:36:32,920 --> 00:36:34,880
Speaker 7: then you can make the decision of what's best for

713
00:36:34,960 --> 00:36:38,759
Speaker 7: you and your portfolio. And as you mentioned, it's been

714
00:36:38,800 --> 00:36:41,319
Speaker 7: an incredible run here from the bear market lows of

715
00:36:41,360 --> 00:36:45,120
Speaker 7: October twenty twenty two. Our average position is up over

716
00:36:45,239 --> 00:36:46,840
Speaker 7: ninety percent and now we're.

717
00:36:46,640 --> 00:36:49,200
Speaker 4: On track to beat the market again this year, which

718
00:36:49,200 --> 00:36:49,800
Speaker 4: will make.

719
00:36:49,800 --> 00:36:54,799
Speaker 7: Eighteen out of twenty one years beating the markets for

720
00:36:54,880 --> 00:36:57,880
Speaker 7: our clients here. And we do so with the VR

721
00:36:58,239 --> 00:37:01,600
Speaker 7: Investing system, which is our Pase dirietary model made up

722
00:37:01,680 --> 00:37:06,640
Speaker 7: of twelve screens seventy percent fundamental, thirty percent technical, which

723
00:37:06,640 --> 00:37:11,319
Speaker 7: helps us remove the emotion from investing is such a

724
00:37:11,320 --> 00:37:14,360
Speaker 7: big problem for many investors out there. That's what keeps

725
00:37:14,440 --> 00:37:17,560
Speaker 7: us on the right side of the market and outperforming

726
00:37:17,600 --> 00:37:20,399
Speaker 7: the markets for our clients year in and year out.

727
00:37:20,520 --> 00:37:23,440
Speaker 7: Right now read eleven out of twelve screens bullish. That

728
00:37:23,640 --> 00:37:26,960
Speaker 7: is a record here, So you know we love what

729
00:37:27,000 --> 00:37:30,520
Speaker 7: we do here as well research, economic research, and at

730
00:37:30,520 --> 00:37:32,560
Speaker 7: the end of the day, our ultimate goal is always

731
00:37:32,600 --> 00:37:34,600
Speaker 7: to help our clients crush the market.

732
00:37:36,200 --> 00:37:37,239
Speaker 3: Tyler, We're on the run.

733
00:37:37,280 --> 00:37:40,080
Speaker 2: Always great. Talk to you and your dad, Kip. You

734
00:37:40,160 --> 00:37:43,360
Speaker 2: guys are the best. You've got a crystal ball, no stradamis.

735
00:37:43,480 --> 00:37:46,759
Speaker 2: We're looking right at it. Vra insider dot com two

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Speaker 2: of Wayne Alarut. Vr insider dot com automatically two weeks free.

738
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Speaker 3: Check it out.

739
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Speaker 2: You'll become a believer like me, and you'll go there

740
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Speaker 2: for life once you've tried them out for.

741
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Speaker 3: Two weeks weeks.

742
00:38:00,280 --> 00:38:06,960
Speaker 2: Way out route the show is root Reaction, Tyler, Merry Christmas.

743
00:38:07,640 --> 00:38:27,000
Speaker 3: We'll be right back. This is the last set. I

744
00:38:27,000 --> 00:38:28,320
Speaker 3: will tell you. It's a final four.

745
00:38:28,880 --> 00:38:31,719
Speaker 2: It's not in any specific order like the Final four is.

746
00:38:32,239 --> 00:38:34,120
Speaker 2: We don't count down to number one. But there's a

747
00:38:34,160 --> 00:38:36,960
Speaker 2: lot of great stories still to come, including one that

748
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Speaker 2: I think might be the biggest story in all of

749
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Speaker 2: America for the year twenty twenty five, which is the

750
00:38:41,840 --> 00:38:45,120
Speaker 2: fraud committed by Democrats with jobs. But we'll get back

751
00:38:45,400 --> 00:38:47,360
Speaker 2: to that in a second. Let me mention my book

752
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Speaker 2: How Democrats have Made America Great, the perfect Christmas gift.

753
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Speaker 2: no better Christmas gift than How Democrats have made America Great?

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757
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758
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Speaker 2: Wrap it on Christmas morning, tell them to get out

759
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Speaker 2: their cell phone and put on the video feature and

760
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Speaker 2: show them opening the gift.

761
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Speaker 3: And they will laugh so loud when they see it's

762
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763
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764
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783
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787
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796
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800
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Speaker 3: All right, So I was talking.

801
00:40:58,000 --> 00:41:00,480
Speaker 2: In at the end of segment number one, the opening

802
00:41:00,520 --> 00:41:06,160
Speaker 2: segment today about Trump suing the Des Moines Register, a newspaper,

803
00:41:06,160 --> 00:41:10,759
Speaker 2: and polster Ann Selzer for brazen election interference after the

804
00:41:10,760 --> 00:41:14,800
Speaker 2: fraudulent Iowa poll. Let's say, the allegedly fraudulent Iowa poll

805
00:41:15,239 --> 00:41:18,360
Speaker 2: showed kaml haris a hit, and I believe the final

806
00:41:18,440 --> 00:41:20,000
Speaker 2: number was. I don't have it in front of me,

807
00:41:20,400 --> 00:41:23,799
Speaker 2: but if my memory serves me, Trump won Iowa I

808
00:41:23,800 --> 00:41:27,000
Speaker 2: think by thirteen points. And she said the kambo is

809
00:41:27,000 --> 00:41:30,760
Speaker 2: winning by three, So she was only off by sixteen points.

810
00:41:31,120 --> 00:41:34,040
Speaker 2: Have you ever heard of any credible polster off by

811
00:41:34,120 --> 00:41:38,000
Speaker 2: sixteen points? And the thing was, I spoke to several

812
00:41:38,080 --> 00:41:42,320
Speaker 2: really smart posters, including my buddy Patrick Basham of the

813
00:41:42,360 --> 00:41:45,480
Speaker 2: Democracy Intitude. He analyzed her poll as the two of

814
00:41:45,520 --> 00:41:49,759
Speaker 2: my other buddies, and all her demographics and Seltzer's demographics.

815
00:41:49,960 --> 00:41:50,600
Speaker 3: She's supposed to be.

816
00:41:50,600 --> 00:41:53,160
Speaker 2: The most famous credible poster in the history of Iowa.

817
00:41:53,280 --> 00:41:56,560
Speaker 2: Her demographics were garbage, they were fake, they were lies.

818
00:41:57,120 --> 00:42:01,040
Speaker 3: Allegedly, it's my opinion. She had met and white men

819
00:42:01,080 --> 00:42:02,880
Speaker 3: and ioware running away from Trump.

820
00:42:03,280 --> 00:42:06,640
Speaker 2: Most ridiculous demographic stat in the history of the world.

821
00:42:07,000 --> 00:42:08,720
Speaker 3: She based the poll on lies.

822
00:42:09,520 --> 00:42:12,480
Speaker 2: She must have been paid millions of dollars in an

823
00:42:12,520 --> 00:42:16,360
Speaker 2: offshore account. Allegedly my opinion, only I don't know it

824
00:42:16,400 --> 00:42:19,280
Speaker 2: to be a fact. Somebody must have paid her off

825
00:42:19,640 --> 00:42:23,000
Speaker 2: to ruin our reputation, ruin her credibility, destroy her career,

826
00:42:23,360 --> 00:42:26,160
Speaker 2: and she retired and walked off into the sunset. But

827
00:42:26,280 --> 00:42:29,319
Speaker 2: she must have several million in some offshore account. Why

828
00:42:29,320 --> 00:42:31,800
Speaker 2: else would you destroy yourself like that and then retire?

829
00:42:32,200 --> 00:42:34,799
Speaker 2: Why would you want the last thing anyone remembers you

830
00:42:34,840 --> 00:42:38,360
Speaker 2: for After a lifetime of getting everything right, you suddenly

831
00:42:38,360 --> 00:42:40,799
Speaker 2: made the biggest mistake of all time and put out

832
00:42:40,840 --> 00:42:44,520
Speaker 2: the most ludicrous poll of all time. Somebody's getting paid off,

833
00:42:44,560 --> 00:42:48,799
Speaker 2: That's all I could say. Allegedly, it's my opinion. But

834
00:42:48,920 --> 00:42:52,120
Speaker 2: now I ask you, if you think it's bad and

835
00:42:52,160 --> 00:42:58,480
Speaker 2: it's brazen, and it's fraud, and it's propaganda, and it's gaslighting,

836
00:42:58,520 --> 00:43:01,640
Speaker 2: and it's election interference, to put out a poll that

837
00:43:01,680 --> 00:43:04,920
Speaker 2: shows Trump is losing in a totally red state, so

838
00:43:05,000 --> 00:43:07,960
Speaker 2: that the mainstream media immediately is set to pick it up,

839
00:43:08,160 --> 00:43:08,839
Speaker 2: and they put it.

840
00:43:08,800 --> 00:43:11,560
Speaker 3: Out all over the country forty eight hours for the election.

841
00:43:11,640 --> 00:43:14,160
Speaker 2: Trump's gonna lose. Trump's losing an eye. We must be

842
00:43:14,200 --> 00:43:16,840
Speaker 2: losing everywhere. And I told everyone I held it. You know,

843
00:43:16,840 --> 00:43:19,239
Speaker 2: I'm not the guy who holds the flag. In Mel

844
00:43:19,280 --> 00:43:21,959
Speaker 2: Gibson in that movie about the American Revolution, he's holding

845
00:43:22,000 --> 00:43:25,920
Speaker 2: the flag and he's saying, don't run, don't retreat, follow me,

846
00:43:26,400 --> 00:43:28,640
Speaker 2: hold it, hold the hill, Hold the hill.

847
00:43:29,080 --> 00:43:32,040
Speaker 3: I held the hill man. I told everyone it's a lie,

848
00:43:32,200 --> 00:43:32,920
Speaker 3: it's fraud.

849
00:43:33,360 --> 00:43:36,799
Speaker 2: Trump is winning by a landslide, and that poll is fraud.

850
00:43:37,120 --> 00:43:37,719
Speaker 3: Allegedly.

851
00:43:37,920 --> 00:43:40,240
Speaker 2: I keep saying that no one could ever Alex Jones

852
00:43:40,280 --> 00:43:44,600
Speaker 2: me allegedly. It's my opinion on an opinion show. So

853
00:43:44,640 --> 00:43:46,960
Speaker 2: if you think that was bad, then what do you

854
00:43:47,080 --> 00:43:51,840
Speaker 2: call the fact that for an entire year, from March

855
00:43:51,840 --> 00:43:55,640
Speaker 2: of twenty three and March of twenty four, the Labor

856
00:43:55,680 --> 00:43:59,680
Speaker 2: Department and the United States government under Joe Biden added

857
00:43:59,800 --> 00:44:02,240
Speaker 2: a one hundred and eighteen thousand jobs that didn't exist,

858
00:44:02,239 --> 00:44:04,439
Speaker 2: and they had to take them all away. Those jobs

859
00:44:04,440 --> 00:44:06,600
Speaker 2: didn't exist. But wait, we're not done. That's not the

860
00:44:06,640 --> 00:44:09,360
Speaker 2: bad one. The bad one is the next quarter that

861
00:44:09,480 --> 00:44:13,440
Speaker 2: starts April, May and June of twenty twenty four. In

862
00:44:13,520 --> 00:44:18,560
Speaker 2: that quarter, the Philly Philadelphia Fed finds all jobs created

863
00:44:18,880 --> 00:44:22,680
Speaker 2: in the second quarter were fake. Well, we don't know

864
00:44:23,080 --> 00:44:25,239
Speaker 2: this from zero handgs. Well, we don't know the specifics

865
00:44:25,719 --> 00:44:29,000
Speaker 2: of the revisions. Those will be revealed on February seventh,

866
00:44:29,080 --> 00:44:31,960
Speaker 2: twenty twenty five, when the final numbers are published.

867
00:44:33,000 --> 00:44:35,080
Speaker 3: We do know that all.

868
00:44:34,920 --> 00:44:38,680
Speaker 2: The jobs reportedly created in the second quarter of twenty

869
00:44:38,719 --> 00:44:42,840
Speaker 2: twenty four were actually fake. There were no net jobs

870
00:44:42,880 --> 00:44:46,160
Speaker 2: created at all, and in fact, the US lost jobs

871
00:44:46,200 --> 00:44:50,920
Speaker 2: in the second quarter. Translation, in his latest attempt to

872
00:44:50,960 --> 00:44:55,680
Speaker 2: create an impression of economic growth, Biden administration lied about

873
00:44:55,760 --> 00:44:59,840
Speaker 2: everything again. So if you're gonna go after Ann Selzer

874
00:45:00,440 --> 00:45:04,359
Speaker 2: for election fraud and election interference, which you should, and

875
00:45:04,400 --> 00:45:07,560
Speaker 2: it's a great president Trump is seting, then Trump needs

876
00:45:07,600 --> 00:45:10,440
Speaker 2: to go after the entire United States government and all

877
00:45:10,480 --> 00:45:13,360
Speaker 2: the officials at the Bureau of what is it b

878
00:45:13,719 --> 00:45:17,719
Speaker 2: LS'SAU Bureau of Jobs, I can't remember the name, the

879
00:45:17,760 --> 00:45:22,440
Speaker 2: Labor Department, the Bureau of Labor Statistics BLS Bureau of

880
00:45:22,520 --> 00:45:24,879
Speaker 2: Labor Statistics. Took me a second to get it right.

881
00:45:25,360 --> 00:45:28,920
Speaker 2: Everyone there has got to lose their job because again

882
00:45:29,239 --> 00:45:32,920
Speaker 2: on an opinion showed my opinion allegedly they're all criminals.

883
00:45:33,320 --> 00:45:37,840
Speaker 2: That was brazen election interference, higher than Anne Selzer.

884
00:45:38,280 --> 00:45:40,200
Speaker 3: This is the US government cheating.

885
00:45:40,239 --> 00:45:42,640
Speaker 2: You would tell you that jobs when there are no jobs,

886
00:45:42,920 --> 00:45:46,920
Speaker 2: so that Biden can win an election or Kamala.

887
00:45:46,360 --> 00:45:50,080
Speaker 3: Can win an election. By the way, it's also perfect.

888
00:45:50,400 --> 00:45:53,520
Speaker 2: This story is perfect for Biden because you're dealing with

889
00:45:53,640 --> 00:45:56,399
Speaker 2: such crooks. You see what crooks there, and you knew

890
00:45:56,400 --> 00:45:58,959
Speaker 2: that already because he extorted leaders all around the world

891
00:45:58,960 --> 00:46:04,160
Speaker 2: through Hunter. But Biden commuted the sentences for scammers who

892
00:46:04,200 --> 00:46:08,719
Speaker 2: defrauded five billion dollars from over one million victims.

893
00:46:09,280 --> 00:46:10,240
Speaker 3: This just happened.

894
00:46:10,239 --> 00:46:15,400
Speaker 2: Biden is the king of pardons and commuted sentences in

895
00:46:15,440 --> 00:46:17,839
Speaker 2: the history of America. No president's ever commuted so many

896
00:46:17,880 --> 00:46:23,000
Speaker 2: sentence or pardoned so many people combined. And he commuted

897
00:46:23,080 --> 00:46:26,200
Speaker 2: all these people who were scam artists, including here in

898
00:46:26,600 --> 00:46:31,960
Speaker 2: Vegas there's a guy who stole fifty billion dollars from homeowners' associations,

899
00:46:32,320 --> 00:46:34,960
Speaker 2: and he let him out. Why why'd you let him

900
00:46:34,960 --> 00:46:36,399
Speaker 2: out of jail? Why in the middle of his sentence

901
00:46:36,440 --> 00:46:37,120
Speaker 2: does he get out?

902
00:46:37,480 --> 00:46:39,640
Speaker 3: Why do all these people they show.

903
00:46:39,480 --> 00:46:42,040
Speaker 2: Pictures and they tell you the scam. These were all

904
00:46:42,120 --> 00:46:45,000
Speaker 2: people who stole a billion and a billion and seventy

905
00:46:45,040 --> 00:46:47,320
Speaker 2: two million, and one hundred million and nine hundred and

906
00:46:47,320 --> 00:46:47,920
Speaker 2: thirty million.

907
00:46:49,040 --> 00:46:50,239
Speaker 3: Oh, you gotta guess here.

908
00:46:50,640 --> 00:46:54,440
Speaker 2: Money has been deposited in Biden crime family offshore accounts

909
00:46:54,680 --> 00:46:57,600
Speaker 2: to make sure these people get pardoned and their sentences commuted.

910
00:46:57,960 --> 00:47:01,000
Speaker 2: Come on, and then along the same laws, the House

911
00:47:01,040 --> 00:47:04,479
Speaker 2: GOP accuses Liz Cheney of tampering with a J six

912
00:47:04,560 --> 00:47:08,719
Speaker 2: witness and asked the FBI to investigate criminality. It was

913
00:47:08,840 --> 00:47:13,640
Speaker 2: up to me, I'd put Liz Cheney in Guantanamo for the.

914
00:47:13,560 --> 00:47:14,600
Speaker 3: Rest of her life.

915
00:47:14,800 --> 00:47:18,279
Speaker 2: She's a crooked, evil witch, and she tried to put

916
00:47:18,320 --> 00:47:21,080
Speaker 2: everyone in jail for doing nothing but going to a

917
00:47:21,120 --> 00:47:24,400
Speaker 2: peaceful protest on January sixth, and she changed the narrative

918
00:47:24,680 --> 00:47:25,400
Speaker 2: and tried.

919
00:47:25,160 --> 00:47:27,399
Speaker 3: To put Trump in prison for the whole thing.

920
00:47:27,440 --> 00:47:30,440
Speaker 2: That was one big scam and entrapman by the Biden,

921
00:47:30,840 --> 00:47:33,760
Speaker 2: by the United States government, by the FBI, by the DOJ,

922
00:47:33,920 --> 00:47:36,520
Speaker 2: by the CIA, and by the Capitol Police.

923
00:47:36,760 --> 00:47:37,799
Speaker 3: And by the mayor of DC.

924
00:47:38,360 --> 00:47:41,640
Speaker 2: Just my opinion on an opinion show, she belongs to Gauatanamo.

925
00:47:42,160 --> 00:47:43,040
Speaker 2: I'm waye Alan.

926
00:47:42,840 --> 00:47:45,640
Speaker 3: Route because this is the book reaction Bye by Liz Chaney.

927
00:47:45,960 --> 00:47:48,479
Speaker 2: I hope we're going have to do whateverything you got cash,

928
00:47:48,560 --> 00:48:07,480
Speaker 2: matel put her away, said her off the leg irons,