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Top Ten Videos – September 10, 2023

Doug Casey's Take: How the World Looks in Five Years and What To Do About It Now

Doug Casey’s Take ... (From September 9)

Quick Summary Bullets:

Government and Economic Concerns

  • “The US government is our enemy.”
  • Jeff Thomas’s article on the prospects of gold confiscation provides tight, logical, and realistic reasoning, suggesting that it could happen again.
  • If all you have is a brokerage account, it’s important to be concerned about the potential impact of a financial crisis and consider diversifying into real assets like agricultural property and precious metals.
  • Banks in the US have unrealized losses of $568 billion on their balance sheets, which puts most banks at risk and could have systemic consequences for everyone.
  • “The state is the problem and getting red people there as opposed to blue people does not solve the problem which is the state itself and that way of organizing or controlling all your fellow men.”
  • “These people that say that they love the average guy. They actually hate the average guy and don’t listen to what they say watch what they do and things like this.”
  • The America we used to know and love is being permanently washed away and changed before our very eyes.
  • “I bought this Farm in Uruguay. So I sold stocks to buy that so I I moved things into other productive assets.”
  • Hearing contrarian ideas from leaders like Victor Orban can be refreshing and offer a different viewpoint.

Personal Fulfillment and Purpose

  • Changing the basic morality and ethical system of every individual is crucial for meaningful progress, regardless of economic improvements.
  • Having kids gives you a purpose for the future and is a courageous bet on optimism in a world where elites want to depopulate or destroy lives.
  • Doing meaningful things in life, such as having children, can bring greater meaning and fulfillment.

Technological Impact on Society

  • Moving towards a technocracy where experts govern our lives may lead to people becoming more isolated from the physical world and reliant on screens and technology.
  • In 50 years, assuming we don’t have a global thermonuclear war, we may have passed the singularity and entered a realm of unimaginable positive changes.

Transcript Summary:

  • 00:00 In five years, the world will become real, as the speaker discusses the use of the word “we” in reference to the US government, the potential rise of technocracy, and the preference for holding onto Bitcoin rather than using it as a currency.
    • Casey is asked why they use the word “we” when referring to actions of the US government, and they explain that it is a matter of language and clarity.
    • He discusses the use of the word “we” as a rhetorical device to create a sense of unity, but acknowledges that it is mental sloppiness and that the US government is actually the enemy.
    • Casey discusses the issue of using the word “we” and gives an example from a Lone Ranger movie to illustrate the point.
    • He discuss their use of cryptocurrencies, with one preferring to hold onto Bitcoin rather than use it as a currency, and they also mention the possibility of technocracy resulting from the dialectic between capitalism and communism.
    • Technocracy, defined as being governed by experts, is being implemented now and although it may be necessary due to our reliance on technology, it is not preferred as it isolates people from the physical world and may be associated with a high-tech digital Gulag.
    • In five years, the speaker believes that the world will become real.
  • 08:19 Millions of migrants in the U.S. are causing chaos and will face more challenges in the future, while the next five years will be difficult with economic reckoning and the likelihood of war, so it’s important to prepare by positioning yourself in a place where you can endure the difficulties ahead, keeping money in securities, owning gold and silver coins, and having real assets outside of the financial system.
    • Millions of migrants in the U.S. without homes, skills, or language are causing chaos and will face even more challenges when winter comes.
    • The next five years are going to be gruesome with international flights locked down, and there may be a positive outcome 50 years from now, but the immediate future looks very difficult with an economic reckoning and the likelihood of war.
    • Prepare for an uncertain and chaotic future by positioning yourself in a place where you can endure the difficulties ahead, as there may be a risk of brokerage firm failures and the potential loss of securities and debts.
    • Keep large amounts of money in securities instead of dollars, own gold and silver coins as they are less likely to be confiscated, and read Jeff Thomas’s article on the prospects of gold confiscation happening again.
    • If you have real assets outside of the financial system like agricultural property and precious metals, you should be less worried about the incoming economic crisis, but if all you have is a brokerage account, it would be wise to have multiple accounts in foreign countries in case the US is hit the worst, and it’s also advisable to have a lot of silver coins as they are unlikely to be confiscated compared to gold.
    • Banks are facing unrealized losses on their balance sheets, particularly from government bonds and mortgages, which could have systemic consequences if the banks fail.
  • 19:52 Individuals should prioritize themselves and their loved ones, address moral indoctrination, and focus on what they can control instead of engaging in political conflicts, as changing the system alone is not enough for success; a Libertarian Paradise is unlikely to exist.
    • Charity begins at home, so individuals should prioritize themselves and their loved ones, and while it is possible to change the system and turn the economy around with strong leadership, it is important to also address the moral indoctrination of young people to prevent societal decay in the long term.
    • Casey emphasizes the need to change the indoctrination of individuals’ thinking and beliefs in order to turn around the economy and improve society, as good policies alone are not enough for success.
    • Focus on what you can control in your own world instead of engaging in a futile battle of ideas and political conflicts, as the state itself is the problem and changing the political parties in power will not solve it.
    • Argentina is not on track to become a Libertarian Paradise, as populating an area with like-minded individuals does not guarantee a utopian society, and the speaker wants to leave the country.
    • A Libertarian Paradise is unlikely to exist as demonstrated by the failed free state project in New Hampshire, which may have become a target for rounding up Libertarians and enemies of the state.
  • 27:25 Land prices in Argentina are cheap, but it’s difficult to buy small plots; smart electric meters in the UK are causing potential consequences for exceeding electricity usage; those in power who claim to love the average person actually hate them; getting married and having children is a personal choice; having kids gives clarity and purpose; having multiple children increases chances of success.
    • Land prices in Argentina are very cheap, but it is difficult to buy small plots of land, as it is more common to buy larger plots and build a house, although it is possible to find bargains from American expats who have built high-quality properties and are looking to sell.
    • Casey discusses the implementation of smart electric meters in the UK, which allow for digital regulation of electricity usage and potential consequences for exceeding a certain amount, attributing it to the global warming hysteria and the strain on the electrical system caused by the promotion of electric cars.
    • Everything is organized for fewer people, with a smaller lifestyle and intentional restrictions, and those in power who claim to love the average person actually hate them, as evidenced by their anti-human actions, and perhaps the average person deserves the consequences for their compliance with these oppressive rules.
    • Casey discusses the idea of getting married and having children at a young age, but states that it depends on the individual’s desired path in life, and mentions their personal choice of having dogs and horses instead.
    • Having kids gives you clarity, purpose, and a vested interest in the future, making it a courageous and optimistic choice that could help steer the world back on track.
    • Having multiple children increases your chances of having at least one turn out well, despite the negative influences of the world.
  • 38:28 In the next five years, it is important to start a family at a younger age, but choose a life partner wisely and wait until you are mentally and financially established before having kids; North Korea is unlikely to become a free country or a good investment destination; there is no reliable evidence of UFO sightings and claims made by whistleblowers may be part of a conspiracy.
    • Starting a family at a younger age may have its challenges, but it can also provide opportunities for personal growth and experiences, and choosing a life partner wisely is more difficult at a younger age due to a focus on physical and superficial aspects.
    • Having kids should not be seen as an obstacle to building a remarkable life, as even if there are risks and challenges like divorce, it is still possible to make it work and find meaning in life through meaningful actions and having assets can provide motivation.
    • Casey discusses how personal ambitions and motivations are influenced by relationships and the desire to provide for others, but highlights the issue of societal corruption and the lack of responsibility in raising children.
    • Avoid getting married before the age of 30, but if you want to have kids, wait until you have established yourself mentally, financially, and in other ways, as the 25-year-old male is generally immature and lacks knowledge.
    • North Korea is unlikely to become a free country or a good investment destination in the next few years due to historical examples of divided societies like East and West Germany and Vietnam, suggesting that the values and characteristics ingrained over time are unlikely to change.
    • There is no personal evidence or reliable testimony of UFO sightings, and the speaker is skeptical of claims made by whistleblowers and believes they may be part of a conspiracy to create a common enemy for the American people.
  • 48:35 Casey discusses the importance of indentured servitude and the au pair program as a means of improving society, suggests taking action in response to permanent changes in America, and advises buying productive assets and participating in the market cautiously to mitigate risk.
    • Christianity’s role in the banning of slavery in Europe is unclear, but the speaker believes that there is nothing wrong with indentured servitude as a form of improving upon the current socialist society.
    • Indentured servitude, a practice that allowed people to finance their new life by working for a set period of time, still exists today in the form of the au pair program in the United States.
    • Having a system of au pairs would be a better way to bring in immigrants, as it allows for proper integration and responsibility, compared to the current system of allowing young males to come in and take over buildings.
    • Casey discusses the permanent changes happening in America and the need to take action, possibly by liquidating stocks and bonds, despite the possibility of a gradual process.
    • Buy productive assets like a farm in Uruguay and participate in the market cautiously to avoid being washed away by the tidal wave of risk.
  • 54:28 Freemasons are a mysterious group, the speaker discusses the difficulty of separating fact from fiction regarding conspiracies and the need for trustworthy sources of information, while also questioning the World Economic Forum’s corruption; the speaker shares their personal experience with an evil organization, and expresses mixed hopes for the future of Argentina.
    • Freemasons are a mysterious group with marvelous temples, and while some believe they conspire and have been around for centuries, the information available on them may be unreliable.
    • Most people in this example only engage with reading material for social reasons, but if you are ambitious and interested, you can gain a deeper understanding and potentially remove yourself from the group.
    • Casey discusses the difficulty of separating fact from fiction regarding conspiracies and the need for trustworthy sources of information, while also questioning whether the world economic forum is corrupted by globalists.
    • He believes that the person in question is genuine and not controlled by external forces, and also discusses the possibility of attending the WEF.
    • Casey discusses their personal experience with a previously unknown organization that was revealed to be evil and out of control, and expresses surprise at their previous lack of understanding about it.
    • He believes that the Argentine population is angry and wants change, but they are unsure of what the new leader will bring and have mixed hopes for the future.
  • 01:01:15 Malay’s populist revolt in Argentina is unlikely to succeed without physical force, Americans should listen to non-English speaking leaders like Victor Orban for a broader perspective.
    • Malay’s actions may be considered a populist revolt, but it is unlikely to succeed without physical force and overthrowing the current order, as history has shown that it is difficult to remove those in power once they have control of the state apparatus.
    • Casey discusses the upcoming events in Argentina and mentions that not many Americans are aware of the situation, but Tucker Carlson is interviewing someone there.
    • Americans should listen to leaders from outside the U.S. who don’t speak English to gain a broader perspective, such as Victor Orban’s interview with Tucker Carlson and the potential actions of Malay in Argentina.

The Media is Lying To Us All- Eric Weinstein: Why Can No One Agree On The Truth Anymore?

Chris Williamson ... (From September 6)

Make sure you watch the three minute section between 46:00- 48:56.

Quick Summary Bullets:

Distrust in Institutions and Experts

  • The destruction of bedrock reality and the inability to discern truth from falsehood is causing a widespread distrust in institutions and experts. 
  • The awakening to the realization that our perception of reality has been manipulated has caused a deep distrust in experts and institutions, leading to the discrediting of prominent figures across various fields.
  • The concept of “deconfliction” in government operations raises questions about how ordinary citizens are treated when they stumble upon sensitive information that they’re not supposed to know about.
  • Christopher Hitchens, a hero to many, held the promise of standing in a reasonable place and speaking from a simple perspective, but in today’s culture, that approach may lead to self-incineration or the need to adapt.
  • Jordan Peterson’s message had a positive impact on many people’s lives, helping them find jobs, prospects, and even relationships, despite being labeled as the “incel king.”
  • We need to stop being tolerant of the intolerant and not give a voice to extreme positions that aim to weaponize democracy, free speech, and good faith in debates.

Advancements in Science and Exploration

  • The importance of rough and tumble play in childhood is to learn the limits of strength, body, and how to handle losing.
  • The recent attention and response to UAP (Unidentified Aerial Phenomena) stories indicate that we are in uncharted territory, where even high-level security clearances may not provide legitimate credentials for information.
  • Eric Weinstein argues that the lack of focus on new physics is hindering our progress towards becoming an interplanetary species.
  • “For 39 years, we’ve been dominated by one community’s Madness and that Community is called quantum gravity String Theory or M Theory…It changed the questions that met defined what it meant to be a fundamental physicist.”
  • “It’s time to get serious about things we can actually do, and the most interesting thing is that nobody’s interested in interplanetary physics.” – Weinstein expresses his surprise at the lack of interest in interplanetary physics and the potential for advancements in space exploration.
  • “We’d be looking for things that would be new variables new ways of working with the world that allowed us to do things that would previously considered inconceivable.”

Impact of Perception and Manipulation

  • Experiencing breathtaking beauty can be overwhelming to the point of feeling physically sick, leaving a lasting impact on your emotions.
  • The level of sophistication and intentionality behind the construction of the Jeffrey Epstein narrative suggests that it was designed to be both fascinating and terrifying, achieving its objectives effectively.
  • The ability to weave poetry and create beautiful narratives, even when discussing technical subjects, is a valuable skill that can bring life and meaning to seemingly mundane topics.
  • Conor McGregor’s ability to predict and execute his fighting strategies showcases the power of visualization and belief in achieving success.

Transcript Summary:

  • 00:00 Parents realize too late that they have spent too much time away from their children, resulting in weak family structures; powerful individuals prepare for apocalypse; practice philanthropy and enjoy luxury; children need to take risks; Shopify powers 10% of US e-commerce.
    • The speaker reflects on the meaningfulness of traveling with his family, rediscovering parts of himself, and encountering overwhelming beauty during his recent holiday.
    • Parents often realize too late that they have spent the majority of their time with their children and now desire more time with them, as the strong market in the US has taken over family duties, resulting in weak family structures and a need for a sense of continuity and intergenerational housing, while powerful and rich individuals often feel powerless and do not see themselves as such.
    • Many powerful and wealthy individuals have become disconnected from mainstream institutions and are preparing for a potential apocalypse by investing in private services and infrastructure.
    • People should practice philanthropy and enjoy some luxury throughout their lives, even when they feel they can’t afford it, in order to avoid constantly pushing their goals further away and maintain a balance between scarcity and abundance mentalities.
    • Children need to take risks and make mistakes in order to learn and grow, and having fathers around for rough and tumble play is important for understanding limits and the value of losing.
    • Shopify is an e-commerce platform that allows businesses to start, run, and grow without any expertise, offering control over every sales channel and powering 10% of all e-commerce in the United States.
  • 15:56 Meeting Jeffrey Epstein revealed a constructed persona meant to deter people from investing, exposing the existence of coordinated groups manipulating information and leading to a distrust in official narratives, causing uncertainty and a destruction of bedrock reality.
    • Meeting Jeffrey Epstein was a disturbing experience as he seemed to exist in a world of his own, appearing wealthy but not in a conventional sense, and his behavior and surroundings were abnormal and unsettling, leading the speaker to believe that he was a constructed persona meant to deter people from investing with him.
    • Jeffrey Epstein was not a genuine financier but rather a constructed figure with mysterious origins and connections to the intelligence community, and his story was intended to be both fascinating and terrifying.
    • The internet has allowed for the debunking of false claims made by mainstream media, such as the notion that nobody cares about the Jeffrey Epstein story, and has revealed the existence of coordinated groups that manipulate social media and orchestrate information, leading to a distrust in official narratives and the labeling of those who question them as conspiracy theorists.
    • There is a belief that there is something unknown and secretive happening, possibly involving advanced technology, false flags, and a goal of creating uncertainty and confusion.
    • Our lives have become filled with uncertainty and distrust in institutions and experts due to the realization that they lie, leading to a destruction of bedrock reality and an inability to discern truth from falsehood.
    • Nobody has an answer to the question being discussed, but the speaker recommends checking out Gymshark for high-quality gym clothing.
  • 45:39 Trust in institutions has been lost, leading to a lack of trust in figures like Anthony Fauci and a need to support institutions that promote free speech, while personal destruction and discrediting individuals who spread information counters official narratives prevent civilians from stumbling upon classified information, resulting in confusion and difficulty in existing in society.
    • Trust in institutions has been lost, leading to a divide where people are influenced by their irritation with one side without recognizing the dangers on the other, resulting in a lack of trust in figures like Anthony Fauci and a need to support institutions that promote free speech and fight back against dangerous ideas.
    • Personal destruction and discrediting individuals who spread information that counters official narratives is a tactic used to prevent civilians from stumbling upon classified information, leading to confusion and difficulty in existing in society.
    • There is a lack of trust in institutions and information, leading to uncertainty and confusion among people.
    • Institutions are necessary for a functioning society, but the current inhabitants of these institutions have been selected for their ability to lie, leading to a desire to tear them down, while others cling to them despite their obvious dishonesty, and the inability to vote out these individuals highlights the flaws in our democracy, with the speaker arguing that the older generation’s unwillingness to sacrifice their own comfort for the future of their children is a major issue.
    • The speaker discusses the concept of the precipice and the need for new physics in order to become interplanetary, expressing concern that people are not focused on this and are instead discouraged by current limitations.
    • Cozy Earth offers premium bedding and loungewear made from sustainable bamboo with a 10-year warranty, and you can get a 35% discount by using the code “modern wisdom 35” at checkout on their website.
  • 01:11:52 Physicists are neglecting important questions and focusing on easier problems, hindering progress in understanding fundamental physics, while also emphasizing the need for wisdom in addressing technological dangers and exploring new perspectives.
    • The speaker criticizes the dominance of quantum gravity and string theory in the physics community, arguing that it has diverted attention from important questions and hindered progress in understanding fundamental physics.
    • Physicists are becoming ignorant about the physical world and are focusing on easier problems instead of addressing the real and difficult ones, which is a dangerous approach considering the responsibility they have towards humanity’s future.
    • The speaker discusses the potential dangers of technological advancements, such as the ability to edit viruses and the risk of nuclear proliferation, and emphasizes the need for wisdom and seriousness in addressing these issues.
    • The speaker discusses the limitations of relying solely on general relativity in physics and argues for the exploration of new variables and perspectives to advance our understanding of the world.
    • Einstein’s thinking was limited to a certain framework, while Dirac’s views on humanity are unknown, and it is now up to us to make guesses and solve the puzzle of the ultimate theory in physics by bringing together different theories and perspectives.
    • Physics and politics are intertwined, and the Sagrada Familia represents the possibility of transcendence and the importance of balancing the head, heart, and loins in life.
  • 01:42:54 Our over-reliance on technology is disconnecting us from genuine experiences and diminishing our ability to find meaning and transcendence in life.
    • The speaker discusses the use of guitar techniques to create a different effect in music and the challenge of balancing analytical description with emotional connection in composition.
    • We need to fully embody our understanding and perspective, rather than relying solely on a brain-based economy and technical explanations, in order to find something transcendent and meaningful in our lives.
    • People’s over-reliance on their phones and exposure to extreme stimuli, such as pornography, is causing a disengagement of the head, heart, and loins, leading to a need for increasingly intense arousal responses.
    • Our excessive use of technology, particularly smartphones, is diminishing our ability to connect with and fully experience the world around us, leading to a lack of genuine personal experiences and a fragmented sense of reality.
    • Certain experiences, such as visiting iconic landmarks or listening to powerful music, have the ability to evoke a visceral reaction and transcend the mundane, but the oversaturation and trivialization of these experiences in modern culture can diminish their impact.
    • The speaker discusses the power of music and the emotions it evokes, the significance of the night sky in humbling oneself, and the importance of balancing arrogance and humility.
  • 01:59:33 The complexity of truth in the modern world, the impact of social media, and the importance of balancing arrogance and humility are discussed, along with reflections on Khabib Nurmagomedov, Conor McGregor, Christopher Hitchens, Trump, and gun enthusiasts.
    • Khabib Nurmagomedov is an impressive example of someone who strikes a balance between seduction and fluidity in his fighting style, as demonstrated by Conor McGregor’s admiration for him.
    • Khabib’s behavior and actions, particularly in press conferences and his tribute to his father, made the speaker fall in love with him and question Conor McGregor’s perspective and behavior.
    • The internet’s move towards anonymity and mockery has led to a lack of agreement on truth, while both arrogance and humility are necessary for individuals to face challenges and maintain sanity.
    • The speaker discusses the complexity of truth in the modern world, where simple answers and nuance both fail to survive the impact of social media, and reflects on how the late Christopher Hitchens would have navigated this cultural landscape.
    • Sam perceives Trump as a threat to the country and is willing to back the idea that the hunter Biden laptop story might not have benefited the election, causing him to lose support from people who agree with him, as he believes that if Trump destroys the country, there is no point in being truthful, and there is a question of whether holding back information destroys the meaning of democracy, while Eric Weinstein argues that some of Christopher Hitchens’ positions were attractive because he suggested that life could be lived simply if one had enough character and
    • Gun enthusiasts who take an absolutist perspective on the Second Amendment fail to consider the trade-offs and balance involved, leading to oversimplified arguments and an inability to address exceptions and conditions.
  • 02:19:02 The speaker discusses the dangers of weaponized Wikipedia, the limitations of binary options in conversations, the division caused by the internet, the fractured modern masculinity movement, the positive impact of Jordan Peterson’s message, and the negative consequences of video games, porn, and social media on human behavior.
    • The speaker discusses the dangers of weaponized Wikipedia and the manipulation of authoritative sources, highlighting the importance of defining the argument and the power of semantic overload in shaping public opinion.
    • The speaker discusses the limitations of binary and trinary options in conversations, the impact of assumptions on discussions, the need for nuanced thought to propagate, the use of acronyms and memes in shaping concepts, the disconnect and lack of high-level interactions between people, and a specific example of a debate involving Milo Yiannopoulos and Destiny.
    • The speaker discusses the division caused by the internet, the decline of meaningful engagement, the importance of fighting as a group, the atomization of society, the impact on male friendship groups, and the belief in finding fulfillment alone.
    • The speaker discusses the fractured modern masculinity movement, highlighting how it treats women as adversaries and competitors rather than compatriots, and how the high value man concept creates negative consequences for other men, leading to disintegration and risk-taking behavior among dispossessed young men.
    • Jordan Peterson’s message of personal responsibility and self-improvement has had a positive impact on many individuals, particularly dispossessed young men, and dismissing his influence as that of an incel god is unfair; furthermore, the sedation hypothesis suggests that social media, porn, video games, and weed are contributing factors to the high rates of sexlessness and lack of anti-social behavior among young men.
    • Video games, porn, and social media have hijacked human behavior by providing a sense of camaraderie, achievement, belonging, and status, leading to a decrease in real-life experiences and the dehumanization of others online.
  • 02:47:16 Declining testosterone levels and changing preferences of women towards masculinity, along with conflicting desires and societal challenges, are discussed, highlighting the importance of creating memorable ideas and giving them catchy names, while also emphasizing the need to stop listening to extreme voices that hinder progress and endanger society.
    • Declining testosterone levels and sperm counts in males may be influenced by various factors such as birth control, environmental pollutants, diet, and lifestyle choices.
    • The speaker discusses his experience with blood testing and how lifestyle interventions can increase testosterone levels, and then transitions to a discussion on the changing preferences of women towards masculinity and the difference between sexual fantasies and long-term relationship desires, ultimately emphasizing the importance of creating memorable ideas and giving them catchy names.
    • Women face uncertainty in choosing their life paths, leading to conflicting desires for a partner who is both successful and prioritizes work-life balance, resulting in incoherent messages and decreased relationship satisfaction, while women’s socio-economic interest in their partner’s status is greater than men’s, and the increasing financial independence of women has created challenges for finding compatible partners, particularly for highly accomplished women.
    • Women outperform men in college and earn more on average, but societal norms and a lack of support for ambitious individuals are hindering progress and innovation, and the education system is stifling vitality and free thought.
    • Terrible ideas circulating without constraint can lead to violence, so we need to either have rules or a culture that discourages harmful speech, and restoring a culture of shunning when necessary is preferable to having rules that dictate what can and cannot be said.
    • We need to stop listening to extreme voices that are divorced from reality and are pushing self-extinguishing theories, as they are preventing us from finding solutions and endangering our society.

Global Financial Crisis 2.0: Black Swan Event Coming, What Yield Curve Is Telling Us — George Gammon

Kitco NEWS ... (From September 4)

Quick Summary Bullets:

  • “An inverted yield curve has incredible accuracy as far as its predictive power, with almost a perfect track record in signaling recessions.”
  • Warren Buffett and other savvy investors may have insights into the reasons behind the inverted yield curve, which is why they position themselves accordingly in the market.
  • “What would prompt him to drop rates from let’s say 5.5 percent straight back down to four three two maybe even back down to zero like we saw during covid? Well, that would require some sort of Black Swan that would create some sort or that would require some sort of like I said unfortunately world war or a GFC 2.0 and I think that’s what that yield curve is predicting right now.”
  • “Housing prices in China’s manufacturing sector went down by nine percent in July, signaling a potential crisis in an economy heavily reliant on real estate, with 30 percent of GDP and 70 percent of Chinese wealth tied to it.”
  • “The real estate crash alone wouldn’t have caused a global financial crisis, but it was the use of mortgage-backed securities as collateral in the global monetary system that created a massive increase in perceived counterparty risk with the banking system.”
  • Signs of weakness in China’s economy include slowing GDP, a significant drop in exports, deflation, and a property crisis with the bankruptcy filing of China’s second-largest property developer, Evergrande Group.
  • “I want to place whatever bet the Insiders have, because the inverted yield curve is telling me that this is going to be a hard landing.”
  • “I personally think that we are in the midst of a long-term commodity super cycle…if you do have this big recession hard. Landing that the yield curve is predicting well commodity price is going to absolutely tank but what I want to do is. I want to use that as an opportunity…keeping as much liquidity as I possibly can…getting paid 5.5 percent while you wait to see how this plays out.” – Gammon believes in the potential of a commodity super cycle and plans to capitalize on a recession

Transcript Summary:

  • 00:00 An inverted yield curve historically predicts recessions, suggesting a global intelligence syndicate with insider information, as exemplified by the lab leak scenario and Chinese military games being super spreader events.
    • An inverted yield curve has historically been a reliable indicator of an impending recession, with the exception of one instance in the mid-1960s, making it the most accurate economic indicator, and suggesting the existence of a global intelligence syndicate that may have insider information about the bigger picture.
    • Financial insiders with access to insider information, including pension fund managers and banksters like James Me Diamond, have details that the general public and even media outlets like CNBC don’t have, as exemplified by the lab leak scenario of COVID-19 in August 2019 and the Chinese military games being the first super spreader event.
    • The yield curve inverted in August 2019, suggesting a potential financial crisis, but it was not caused by the repo market blow-up in September, indicating a possible correlation with the lab leak in Wuhan.
  • 03:46 Financial insiders anticipate a global pandemic and its severity, leading to increased demand for long-term treasuries and an inverted yield curve due to the Federal Reserve raising rates at the front end.
    • A leaked information about a potential global pandemic spreads through a chain of communication, reaching influential figures in the financial industry who recognize the seriousness of the situation and anticipate it to be worse than previous outbreaks.
    • Paul Tudor Jones sends his assistant to Wuhan to gather information from a scientist about the potential severity of a problem, highlighting the power of financial insiders.
    • Paul Tudor Jones is buying long-term treasuries, causing increased demand, higher prices, and lower yields, while the Federal Reserve raising rates at the front end of the curve is causing the yield curve to invert, which is accurately predicted by financial insiders who have access to future information.
  • 06:13 The inverted yield curve suggests potential risks in the global financial system, with the possibility of a global financial crisis and the Federal Reserve lowering interest rates to stimulate the economy.
    • The inverted yield curve suggests potential risks in the global financial system, and there are three possible outcomes: it will either remain inverted, uninvert, or steepen out.
    • The yield curve is indicating a potential global financial crisis, with the likelihood of the Federal Reserve lowering interest rates to uninvert the curve and stimulate the economy.
  • 08:04 The inverted yield curve is predicting a potential Global Financial Crisis 2.0, and Jerome Powell’s concern about his legacy may prevent him from lowering interest rates unless a Black Swan event occurs.
    • Jerome Powell has a strong incentive to keep interest rates high due to his concern about his legacy, but a drop in rates would require a Black Swan event like a world war or a Global Financial Crisis 2.0, which is what the yield curve is currently predicting.
    • Gammon speculates on the potential knowledge reflected in trades made by Paul Tudor Jones and the inverted yield curve, emphasizing the accuracy of the yield curve in predicting recessions.
  • 10:30 Senator Richard Burr, chair of the intelligence committee, sold hospitality industry stocks and bought Treasury Securities before the pandemic, suggesting he had inside information.
    • In February 2020, a government official, both a Republican and Democrat, sold all his stocks and bought the 10-year treasury, anticipating a crisis and wanting to secure payment.
    • Senator Richard Burr, who was chair of the intelligence committee, sold millions of dollars worth of stock in the hospitality industry before the coronavirus pandemic hit, but also bought Treasury Securities, indicating he had inside information.
  • 12:23 The inverted yield curve suggests that China’s economic decline, particularly in the manufacturing sector, is contradicting the mainstream narrative of their economic boom, raising concerns about the country’s heavy reliance on real estate and foreign debt.
    • The inverted yield curve is likely due to China’s economic decline after reopening, contradicting the mainstream narrative of their economic boom.
    • Housing prices in China’s manufacturing sector have dropped by 9% in one month, causing concern due to the country’s heavy reliance on real estate for its GDP and wealth, as well as the significant amount of debt borrowed from foreign banks.
  • 14:11 A shortage of dollar liquidity caused by a potential collapse of the Chinese economy and real estate market could lead to a global financial crisis similar to 2008, as indicated by the current yield curve.
    • Banks in the euro dollar system, which provide most of the dollar liquidity for the global economy, will restrict lending and tighten credit if they take a hit, resulting in less dollar liquidity.
    • A shortage of dollar liquidity could lead to a global financial crisis similar to the one in 2008, as the use of mortgage-backed securities as collateral in the global monetary system created a significant increase in perceived counterparty risk with the banking system.
    • The speaker suggests that the next global financial crisis, GFC 2, may be centered around the collapse of the Chinese economy and real estate market, leading to a tightening of credit issuance and dollar liquidity, as indicated by the current yield curve.
  • 17:10 Buy treasuries based on the inverted yield curve for a potential hard landing, keep 10% in gold, 80% in paying investments, and 10% in speculative assets like Bitcoin or silver; stay informed and prepared for black swan events.
    • Gammon suggests buying treasuries based on the inverted yield curve, as it indicates a hard landing and goes against mainstream media beliefs, but advises against the long end of the curve due to liquidity risks.
    • Always have 10% of your portfolio in gold for insurance, 80% in investments that pay you to own them, and 10% in speculative assets like Bitcoin or silver; keep liquidity in short-term treasuries to take advantage of opportunities during a potential global recession.
    • I prefer physical gold, but if that’s not possible, I like the Sprott trust for gold and uranium.
    • George Gammon discusses the global financial crisis and the significance of the yield curve, emphasizing the importance of being informed and prepared for potential black swan events.

Recovery In Stocks Fizzling? Or Coiling To Blast Higher? | Lance Roberts & Adam Taggart

Wealthion ... (From September 10)

Quick Summary Bullets:

Timing the Market and Investor Behavior

  • Despite macro reasons for pessimism, the market can delay a major correction for a long time, allowing investors to participate in the rally.
  • Bear markets tend to be short-lived, lasting around 12 to 18 months, while corrections within a bullish trend are fast and the market quickly recovers back to all-time highs.
  • “There’s a huge difference between being conservative and being out of the market right. You can be conservative and be fully invested in stocks in the market that is completely doable.”
  • “If I’m in stocks I’ve got all this risk. So I’m going to be conservative somebody all in cash and then the market takes off and you’re like well now. I’m all in cash. I’ve got to get back in the market of course. Now you’re buying the market probably at a peak.” – This highlights the common mistake of trying to time the market, which often leads to buying high and selling low.
  • “I’m generally biased towards encouraging people to take risks.” – Dean Penn’s advice on taking risks in career decisions.
  • Focusing on avoiding the 10 worst days in the market can actually lead to better long-term returns than trying to catch the 10 best days.
  • The mainstream media promotes the idea of buy and hold, but active management to avoid downturns in the market is key to long-term success, as getting back to even is not making money.
  • Good risk management can lead to better returns and help achieve financial goals sooner.

Monetary System and Capitalism

  • The government’s bailout of companies like Boeing and General Electric goes against the principles of bankruptcy laws and ignores the process of allowing weak players to fail, ultimately hindering the growth of stronger and healthier companies and economies.
  • We have become a society focused on immediate gratification and regurgitating data all day long, spending our time with our faces in computers, which is a stark contrast to the visionary mindset of the past where we looked towards the future and explored space.
  • The current economic situation may be signaling the need for a cleansing and restructuring of the status quo in order to pave the way for a new growth cycle.
  • Our monetary system, which allows for unlimited creation of money through debt, has a potential end game where unserviceable debt could lead to a collapse of the entire system.
  • “As Americans, we have become complacent and avoid short-term pain, which prevents us from fixing problems and allowing capitalism to grow and flourish as it’s supposed to.”
  • The Federal Reserve may be engaging in stealth quantitative easing (QE) despite reducing their balance sheet, which could have implications for interest rates.

Economic Factors and Interest Rates

  • Economic growth and inflation are key drivers of interest rates, as lenders need to compensate for opportunity costs and adjust lending rates accordingly.
  • Technical analysis is important in the short term as it reflects market psychology, but fundamentals also play a role in generating long-term returns.
  • Lance Roberts suggests that despite the current lack of concern about a recession, the clock is ticking for the next one, with interest rates and Fed rate hikes being potential triggers.

Market Valuations and Sustainability

  • “The markets have grown a lot more than the underlying components… Essentially what they’ve done is they’ve pulled returns that we would have experienced in future years and they’ve pulled them earlier in along the timeline.”
  • Revenue growth has not been able to keep up with the rate of earnings growth, raising concerns about the sustainability of current valuations in the stock market.

Transcript Summary:

  • 00:00 Markets are currently range-bound and struggling to find direction, but historical data suggests a potentially strong end of the year, with valuations and fundamentals indicating low returns over the next five to ten years and the importance of technical analysis in the short term, while accounting gimmicks and stock buybacks inflate revenue and earnings growth, potentially leading to future consequences.
    • Markets are currently range-bound and struggling to find direction, but historically September tends to be a weak month with sideways trading, setting up for a potentially strong October, November, and December as portfolio managers allocate funds and the holiday shopping season begins.
    • The speaker discusses the possibility of the stock market consolidating for a month before potentially moving back towards July highs by the end of the year, citing historical data and seasonality as factors to consider.
    • Stock market fundamentals are currently dismal, indicating low returns over the next five to ten years, and with valuations already overpriced, the best expected rate of return is around six percent, potentially resulting in periods of gains and losses that ultimately leave investors at the same level as when they started.
    • Valuations and fundamentals matter in the short term, but over a one to two year period, technical analysis is all that matters in the market, as stock prices appreciate based on the future value of cash flows and earnings.
    • Revenue and earnings growth in the stock market have been inflated through accounting gimmicks and stock buybacks, but at some point, these manipulations will no longer be sustainable and the lack of real revenue growth will undermine valuations.
    • Companies often manipulate their earnings to meet Wall Street estimates, creating an incestuous relationship between corporations and Wall Street, where short-term fundamentals and growth don’t matter as much as market momentum and psychology, resulting in inflated stock valuations and potential future consequences.
  • 18:04 Understanding the collusion between Corporate America and Wall Street is crucial, as analysts’ ratings are influenced by financial incentives, but being bearish in the current market conditions is risky, so it’s important to be aware of potential downturns while still being fully invested in stocks by diversifying across sectors and stocks.
    • There was collusion between Corporate America and Wall Street, similar to the Lance Armstrong era in the Tour de France, where everyone involved turned a blind eye to doping in order to maintain ratings and sponsorships.
    • The importance of Wall Street lies in corporate profits, investment banking, and relationships with pension funds and managers, with analysts often being wrong but their ratings influenced by financial incentives, ultimately driven by institutions and not retail investors.
    • Understanding the game of the stock market is crucial, as there are macro reasons to be pessimistic but that doesn’t mean a major correction will happen immediately, allowing for participation in the current rally.
    • Bear markets tend to be short-lived, lasting about 12 to 18 months, while corrections within a bullish trend are fast and swift, with the market quickly recovering back to all-time highs, indicating that the bullish trend has never been broken since 2009.
    • Being bearish in the current market conditions is risky, but it is still important to be aware of the potential for a downturn and to be conservative in investing, while still being fully invested in stocks by diversifying across sectors and stocks.
    • Investors often make the mistake of trying to time the market by going all in cash when they perceive risk, but end up buying at the peak and selling at the bottom, resulting in underperformance compared to the market.
  • 30:40 Higher interest rates and a potential recession in the next 6-24 months could pose problems for the market, making it important to understand the drivers of financial conditions and invest accordingly, while bankruptcy laws being ignored and the Federal Reserve’s focus on protecting major companies may have long-term economic consequences.
    • Yields on US Treasury bonds have remained relatively stable as economic growth and inflation rates continue to dictate interest rates, with the current 10-year treasury rate aligning with expectations.
    • Interest rates, economic growth, and inflation have a historically high correlation, and while technical analysis is important in the short term, fundamentals and psychology also play a role in generating returns in the market.
    • Higher cost of debt in the next 6-24 months will be problematic due to a debt wall, tighter financial conditions, and the potential for a recession, and it is important to understand the drivers of financial conditions such as interest rates and the Fed’s actions in order to make informed investment decisions.
    • The speaker discusses the potential for a recession and the importance of monitoring interest rates and debt spreads, noting that while currently tight, there is a likelihood they will eventually blow out, making it a good idea to start investing in instruments that will benefit from this.
    • Bankruptcy laws and processes for dealing with economic downturns are being ignored in order to bail out companies, which prevents the market from getting rid of weak players and hinders the growth of stronger companies and economies.
    • The speaker discusses the impact of the Federal Reserve’s focus on protecting major companies like Apple, Microsoft, and Google, likening it to the Communist model and warning of long-term economic damage and wealth inequality.
  • 48:16 The economy is transitioning to a service-based society with increasing debt and income inequality, and the stock market recovery requires time and effort, similar to losing weight, but the monetary system’s unlimited creation of debt will eventually lead to collapse.
    • The economy is transitioning to a service-based society with slower growth and increasing debt, leading to income inequality and a realization that the future may not be as prosperous as the past.
    • The process of recovering from a stock market downturn is similar to losing weight, as it requires time, effort, and a realization that there is no quick fix, but rather a painful and cleansing period that leads to a new growth cycle.
    • The monetary system allows for unlimited creation of money through debt, but eventually, there will be too much unserviceable debt and the system will collapse, although nobody wants to admit or deal with it.
    • The speaker plans to cut government, return most departments to the states, and address issues like Social Security and Medicare, emphasizing the need for sacrifices and sustainability.
    • The avoidance of short-term pain and the failure to fix underlying problems has led to worsening conditions in various sectors, such as healthcare, finance, and Wall Street, preventing capitalism from functioning properly and hindering economic prosperity.
    • The speaker discusses the lack of resilience and fortitude in the current generation, emphasizing the need for long-term solutions and the potential challenges that younger generations will face as older generations pass away.
  • 56:30 The Federal Reserve may be engaging in stealth quantitative easing (QE) by buying long duration bonds to offset the decline in shorter duration bonds maturing, keeping interest rates artificially low to prevent a recession, despite inflation and economic growth suggesting higher rates, and the speaker is bearish on the market.
    • The Federal Reserve may be engaging in stealth quantitative easing (QE) despite reducing their balance sheet, which contradicts the belief that interest rates will skyrocket due to the Fed selling treasuries.
    • The Federal Reserve is reducing its balance sheet by allowing shorter duration treasuries to mature and buying long-dated treasuries, resulting in a reduction of their balance sheet.
    • The Federal Reserve is buying long duration bonds to offset the decline in shorter duration bonds maturing, resulting in a need to buy additional bonds to maintain the desired runoff rate.
    • Interest rates are being kept artificially low by the Fed through the purchase of treasuries to prevent a recession, despite inflation and economic growth suggesting higher rates.
    • The Federal Reserve is trying to prevent the economy from breaking by engaging in quantitative tightening and rate hikes, which is reflected in the data on interest rates and the balance sheet, giving confidence that they can intervene if needed, while also discussing the divergence between GDP and GDI and its implications for the market.
    • The speaker is naturally bearish and finds it difficult to be bullish on the market.
  • 01:06:41 The economic data has improved, but there is a possibility of future disappointment and a high probability of recession due to increasing levels of debt diverting income and production away from productive sources.
    • The economic data has been better than expected, leading to a shift in estimates from a potential recession to a positive outlook, but there is a possibility of future disappointment, and the relationship between GDP and GDI should be considered.
    • Increasing levels of debt have been diverting income and production away from productive sources, resulting in slower rates of economic growth, and this trend is expected to continue as debt continues to increase.
    • Production is the key to economic growth, and relying on debt and temporary measures like job creation through infrastructure projects is not sustainable for long-term prosperity.
    • Gross domestic income has consistently underperformed gross domestic product, and the widening gap between the two suggests a high probability of recession in the future.
    • The speaker discusses the likelihood of a market break and the connection between GDP and GDI, explaining why interest rates are going lower and mentioning a trade involving the purchase of a 20-year duration bond.
    • A newly issued bond, about two months old, is available at a slight discount to par with a yield to maturity of 4.58%.
  • 01:22:05 Taking smart risks and managing them is crucial for long-term wealth in the stock market, with conservative value investing and active management being key to avoiding downturns and preserving capital.
    • The speaker shares a personal story about receiving advice from a dean at Stanford Business School who encouraged taking risks when making career decisions.
    • Taking smart risks can lead to gains, but it is important to manage and limit the number of risks to avoid potential negative outcomes, similar to the approach of using military force.
    • Avoiding the 10 worst days in the market can lead to better long-term returns, as the best days often occur during bear markets.
    • Conservative value investing outperforms growth investing in the long term because money rotates into value during market corrections, and active management is key to avoiding downturns and preserving capital.
    • Focus on managing risk and long-term returns in your portfolio, as outperforming during market declines is crucial for long-term wealth, and working with a financial advisor who prioritizes risk management is important.
    • The success of Buy and Hold investing depends on the starting point and market conditions, as it may work well during periods of depressed valuations and market recoveries, but not during periods of market downturns, highlighting the importance of understanding one’s starting point and acknowledging the role of luck in long-term investing.
  • 01:32:11 The speaker discusses a bond swap trade and encourages viewers to register for an upcoming online conference, while also recommending seeking guidance from a professional financial advisor and offering free resources on their website.
    • The speaker discusses a bond swap trade made this week, swapping TLT for EDV in their live traded portfolio due to a lack of an active data feed for a specific bond on their website.
    • The speaker encourages viewers to register for the upcoming Wealthy On Fall online conference, mentioning a discount for early bird registration and additional discounts for previous conference attendees.
    • It is recommended that viewers seek the guidance of a professional financial advisor who is knowledgeable about macro issues, and Wealthyon endorses a free consultation with one of their recommended advisors.
    • They offer to help people get prudently positioned in advance of fundamentals finally mattering, and if you enjoy Lance and I discussing intellectual topics on this channel, show your support by liking, subscribing, and clicking the bell icon.
    • There is a 15-minute video clip in this weekend’s newsletter that explains the reasoning behind the bond trade and discusses the economic and portfolio aspects of it, which can be downloaded for free from the website.

BREAKING! This is about to get much worse, Ukraine says WW3 is here | Redacted with Clayton Morris

Redacted ... (From September 7)

  • 0:00 Countdown
  • 31:54 Welcome
  • 36:53 WW3 Has Begun
  • 1:06:35 Shoplifting Bill
  • 1:31:19 Child Trafficking in US
  • 1:52:54 President Kamala Harris

Quick Summary Bullets:

Media and Propaganda

  • A good media environment is crucial for promoting peace, as populations need to be fooled and manipulated into supporting wars, emphasizing the importance of unbiased and critical journalism.
  • Shocking revelations about child trafficking concentration camps in the United States, where tens of thousands of children are kept as sex slaves and forced into physical labor.
  • The mainstream media often ignores or puts a propagandistic spin on stories, highlighting the importance of alternative sources of information.
  • “We’re going to talk about this child trafficking story on this child’s sex trafficking organ harvesting. It is the worst possible stuff you can imagine but we need to cover it and it’s very very important.”
  • “Foreign States is the largest trafficker of children in the world…children that are illegally kidnapped brought across the U.S Mexico border are then sold off to mostly wealthy Americans used as sex slaves and worse.”
  • The whistleblower reveals that children in the custody of sponsors were sometimes handed off even though they were crying and expressing discomfort, highlighting the disregard for their well-being.
  • The issue of child trafficking and exploitation in the United States is a multi-billion dollar industry that needs urgent attention and action.

Ukraine Conflict and Global Implications

  • “The answer to war is not more war. It’s peace and peace isn’t delivered by the barrel of a gun. It’s delivered by diplomacy by dialogue.”
  • Ukraine claims that World War III has already begun, with the conflict pulling in countries far beyond the region, and it’s about to get much worse.
  • “Anthony Blinken shows up there doubles down on support for Zelensky today and you know he’s there to basically say we will be here and support every you until every Ukrainian has been killed and then American companies will come in and buy up all the land and all the minerals and turn your country into a Garrison State for the United States.”
  • The speaker criticizes the West for spending billions of dollars on the conflict in Ukraine while walking through rows of graves, questioning the progress they claim to be making.
  • The speaker emphasizes the importance of considering the complexities and nuances of the situation in Ukraine, rather than reducing it to a simplistic “good versus bad” narrative.
  • The desperate situation in Ukraine has led to a high death toll and mass migration, with millions of men fleeing the country and refusing to return to fight for NATO, as they fear losing their land to American corporations.

Government Disinformation and Manipulation

  • “We were pretty successful in planning information of a rather rarified nature for instance if we wanted to get across to the American public that the North Vietnamese were building up their Force structure in South Vietnam.”
  • “The U.S. government is the greatest propagator of disinformation in the history of the world.” – The speaker criticizes the U.S. government, citing examples such as the Pentagon papers and the weapons of mass destruction in Iraq, suggesting that the government disseminates disinformation.
  • False propaganda, such as creating fake photos and stories about Cuban atrocities, was used by the CIA to create an illusion of Communists committing heinous acts, revealing the extent of manipulation in covert operations.
  • “European elites and globalists, like George Soros, are concerned that a Trump victory in the next U.S. presidential election would imperil European unity and their attempts to funnel money through Ukraine for their own benefit.”

Transcript Summary:

  • 00:00 Ukraine warns that World War 3 is imminent due to the conflict with Russia, emphasizing the importance of a reliable media environment and consistent application of foreign policy.
    • The video starts with a 30-minute countdown before the show begins at 4 pm Eastern time, encouraging viewers to join the chat room and subscribe for notifications.
    • Countries like Indonesia and Israel, who are allies of the United States, are committing human rights violations, and there needs to be consistent application of U.S foreign policy and adherence to UN resolutions.
    • The speaker discusses the moral implications of feeding disinformation and expresses opposition to such activities, emphasizing the importance of truth in intelligence and the need to keep morality separate from intelligence operations.
    • Russia and Ukraine are in conflict, with Ukraine accusing Russia of spreading disinformation, but there is disagreement on what constitutes disinformation and whether the government should regulate speech.
    • Ukraine warns that the situation is about to worsen and suggests that World War 3 is imminent, while also discussing the importance of a reliable media environment to prevent unnecessary wars.
    • Secretary of State and Secretary of Defense have the responsibility to decide whether to go to war and consider various factors, such as military assessments and international support, while acknowledging the complexity of their job.
  • 22:02 Ukraine claims World War III has begun and is recruiting women to fight, while a media blackout is imposed; misinformation and disinformation are hindering pandemic efforts; the CIA uses fake stories and photos for propaganda; a new bill in California removes rules around confronting shoplifters; child trafficking concentration camps in the US are discussed; preppers prepare for worsening situation in Ukraine; US offers more financial aid while facing a debt ceiling; EPA changes rules affecting preppers’ water filter systems.
    • Support independent journalism by joining the redacted Rebel VIP Community for exclusive content and interviews, as the show is free to watch but relies on viewer support for its team and resources.
    • The CIA has multiple functions, including gathering intelligence for the president, running secret wars, and disseminating propaganda to influence people’s minds, as exemplified by their use of fake stories and photos to create an illusion of Communist atrocities.
    • Misinformation and disinformation spread by certain media organizations are contributing to polarization and a lack of understanding of basic science, which is hindering efforts to combat the pandemic and make informed decisions about the future of the country.
    • Ukraine has imposed a media blackout on the war, claims World War III has begun, is recruiting women to fight, and a new bill in California is removing rules around confronting shoplifters; additionally, the video will delve into the uncomfortable topic of child trafficking concentration camps in the United States.
    • Preppers are being prepared for the worsening situation in Ukraine, with the United States offering more financial aid while facing a debt ceiling, and the EPA changing rules that affect Preppers’ water filter systems.
    • Sign up for the free daily newsletter at redacted.inc to get more stories and links to the information discussed on the show.
  • 36:47 Ukraine claims WW3 has begun, with NATO potentially stepping in as Ukraine runs out of men, while the West benefits financially from the conflict and the media’s coverage is not accurate.
    • Ukraine claims that World War III has already begun, with the conflict pulling in countries beyond the region, and now that Ukraine has run out of men, NATO may step in with their own forces.
    • Anthony Blinken visited Ukraine to show ongoing support for the country in dealing with aggression, ensuring it has the necessary resources for defense and long-term success, while also emphasizing the partnership between Ukraine and the United States.
    • Ukraine sacrificed many lives to gain an abandoned village, while the West, particularly U.S. companies like BlackRock, has benefited from the conflict, with the U.S. spending $100 million per day on the war, leading to the construction of numerous cemeteries, highlighting the responsibility of the West for the deaths caused by their proxy war.
    • Fake bodies and photo ops in Ukraine are garnering support for the side people think is right, but it’s important to consider the nuance and not reduce the situation to good versus bad, as civilians will continue to be attacked if Russia leaves.
    • Ukraine has been engaging in conflict with Russia for the past 14 years, with Ukraine now throwing men against the line and the Western media being banned from covering the war on the front lines.
    • The Ukrainian side of the war is not being accurately covered by the BBC or CNN, who admitted to producing highly choreographed and propagandistic reports, so it is important to rely on journalists who are actually there to get accurate information.
  • 50:29 The United States is using Ukraine as a pawn in their conflict with Russia, refusing to support them fully and forcing individuals to leave the EU, resulting in a shortage of men in the war and the recruitment of women, while intense combat and violence continue with a high number of casualties.
    • The United States does not fully support Ukraine and is using them as a pawn in their conflict with Russia, as evidenced by their refusal to include Ukraine in NATO and the desperate measures taken by the Ukrainian government to recruit men to fight.
    • Ukrainian authorities are forcing individuals to leave the European Union within two weeks or be forcibly exiled to Ukraine, with the involvement of Interpol and local authorities, due to Europe’s compliance with the United States’ desires and Ukraine’s new policy of conscripting individuals regardless of health conditions.
    • Ukraine is facing a shortage of men in the war and is now recruiting women, who will receive minimal training and be sent to dangerous landmine fields.
    • The BBC released a documentary showing fresh graves of soldiers in Ukraine, with the government unhappy about the high number of war dead, and the report states that there are so many graves that they are clearing old graves to make room for new ones.
    • Ukraine is currently experiencing intense combat and violence, with a high number of casualties, and there is a need for immediate peace talks to protect civilians and prevent further loss of life.
    • The speaker discusses the biased mainstream media, their lack of billionaire support, and their curiosity about viewers from Ukraine, while expressing frustration with Anthony Blinken’s comments and the NATO’s responsibility for deaths.
  • 01:04:40 California has passed a bill that no longer requires employees to confront shoplifters, leading to concerns about increased theft and the future of businesses in the state, while supermarkets and drug stores are implementing security measures and locked cases for items, causing higher prices for consumers and benefiting companies like Amazon.
    • California has passed a bill that makes it illegal for small businesses to require employees to confront or stop shoplifters, instead only allowing them to keep a log of incidents, which has led to an increase in theft and raises concerns about the future of businesses in the state.
    • The California Bill is being edited to remove requirements for employers to have plans to keep employees safe, including provisions for violence prevention, alarm systems, training for workplace crimes, and reporting incidents or preparing for shoplifters.
    • The speaker discusses a bill in California that would no longer require employees to confront shoplifters or call the police, leading to concerns about an increase in theft in Progressive cities.
    • Supermarkets and drug stores are experiencing a rise in shoplifting, leading to increased security measures and locked cases for items like detergent, ice cream, and meat, which is causing higher prices for consumers and benefiting companies like Amazon, while the history of grocery stores and the use of shelves for products can be traced back to the invention of cardboard boxes.
    • The speaker discusses the history of foldable boxes and how they led to the rise of packaging and self-service in grocery stores, but also mentions the loss of choice and control due to shoplifting and shares an anecdote about a shop owner who prices all products at $999 to avoid prosecution for theft.
    • The speaker discusses the importance of discussing and venting about current events and expresses disappointment in society.
  • 01:26:24 People from Ukraine and other countries are unable to access a YouTube video discussing child trafficking, controversy surrounding President Kamala Harris, and the ease of finding personal information online, while data brokers profit from selling personal information and Aura offers privacy protection; the video also reveals that foreign states are the largest traffickers of children, with children being illegally kidnapped and sold as sex slaves, kept in hidden concentration camps in the US, and the US government contracts NGOs to move children from the border to sponsors without proper verification or DNA testing, raising concerns about the system and involvement of coyotes.
    • People from Ukraine and other countries are unable to watch the YouTube video due to blocking, and viewers from Canada, France, and Australia are also experiencing difficulties accessing the video on Rumble.
    • The video discusses a child trafficking story, the controversy surrounding President Kamala Harris, and the ease of finding personal information on the internet.
    • Data brokers profit by selling your information to robocallers, telemarketers, and spammers, but Aura can help protect your privacy by identifying and opting you out of these data brokers for a two-week free trial.
    • Foreign States is the largest trafficker of children in the world, with children illegally kidnapped and sold off as sex slaves, kept in hidden concentration camps in the United States, and the US government contracts NGOs to provide services for illegal immigrants, including moving children from the border to their sponsors.
    • The speaker worked at a former Walmart facility in Brownsville, Texas, where their job was to take kids out of the facility and hand them off to sponsors across the country, receiving text messages and phone calls the night before with the report time for the following morning.
    • Children are being transported to Walmart shelters in different cities where they are handed off to sponsors, who may be family members or friends, without proper verification or DNA testing, raising concerns about the system and the involvement of coyotes.
  • 01:40:39 Children in US facilities are being handed off without verification, independent journalists are denied access in Ukraine, children are being kept in concentration camps and sold off, missing children are being suppressed, Kamala Harris is being pushed as a candidate, investing in gold and silver is recommended, and being debt-free makes you controllable.
    • Children in these former Walmart facilities in the US are being handed off to sponsors without proper verification, while the government funds these facilities and guards prevent outsiders from entering.
    • Independent journalists trying to expose the situation in Ukraine were met with aggression and denied access to media tours, raising questions about why there is such resistance if there is nothing to hide.
    • Children are being kept in concentration camps in the US, funded by the government, and are being sold off as sex slaves, used for labor, and for organ harvesting, with no confirmation of their connections to the people taking them, and it’s a multi-billion dollar industry that needs to be addressed.
    • There are alarming numbers of missing and unaccounted for children, and the issue is being suppressed and not covered by mainstream media, while child abuse and organ harvesting are real and happening, and Kamala Harris is being pushed as the next presidential candidate despite an impending recession.
    • Investing in gold and silver is recommended to protect savings and retirement as digital currencies become more prevalent, and Lear Capital offers a free report called the Tipping Point to educate individuals on this topic.
    • If you owe nothing, you are controllable and can be manipulated to do whatever someone wants.
  • 01:52:21 The media is pushing for President Kamala Harris due to Joe Biden’s declining mental state, while Democrats believe age limits should be implemented for politicians to ensure mental capability and understanding of the country’s needs.
    • The video discusses the media push for President Kamala Harris due to Joe Biden’s declining mental state and the establishment’s desire to prevent other Democratic candidates from gaining traction, highlighting an interview where Harris evades a question about her readiness to assume the presidency.
    • The media is now giving attention to Kamala Harris and portraying anyone who challenges her as racist, in an attempt to prevent other Democratic candidates from running against her.
    • George Soros’s son believes that a Trump victory in the next US presidential election would be worse for Europe and imperil European unity, while the Biden administration’s actions have already negatively impacted Germany’s economy, and focusing on America’s own interests could benefit both the US and Europe.
    • President Biden’s behavior during a Medal of Honor ceremony and Mitch McConnell’s recent freeze-up raise concerns about their fitness to hold office, while the need for letters from doctors and claims of good health from politicians in their 80s and 90s seem suspicious.
    • Democrats want to replace Biden with Kamala Harris because they believe he is physically active but lacks cognitive abilities, suggesting that age limits should be implemented for politicians to ensure that those who are mentally capable and understand the country’s needs are in power.
    • Subscribe, like, and share this show to help others find it and gain enlightenment, as the host thanks viewers and announces the next episode.

Whatever our puppet government say is to distract us from the threat to our freedom | Neil Oliver

GBNews ... (From September 5)

Quick Summary Bullets:

  • The puppet government is steering the ship of state towards a destination that none of us wants, except for those who plotted the course long ago.
  • “The Romans inflicted on Carthage by plowing salt into fertile Fields so nothing would ever grow there again” – Our puppet government’s actions can have long-lasting destructive consequences, just like the Romans’ tactics.
  • “Agenda 21 is a plan for the whole of the 21st Century whatever the puppet government and the puppet opposition say about anything is always and only to distract from the real plan and therefore the real threat to our freedom and way of life.”
  • The cost of living crisis is not caused by inflation, but by government and banks working together to enrich themselves at the expense of everyone else.
  • Our puppet government distracts us from the threat to our freedom by serving the bank for international settlements, which continuously devalues currency and puts people into debt.
  • The mainstream may dismiss it as a conspiracy theory, but the evidence of Agenda 21’s existence is readily available and cannot be denied.
  • The push towards sustainable development is seen by some as a means of control, with all aspects of life being centralized and decisions taken away from the people.
  • The proposals of C40, such as banning beef and lamb and ending traditional building materials, are joyless, totalitarian, and anti-human.

Transcript Summary:

  • 00:00 The government is using distractions like the EU and migration to implement surveillance and control, while the true leaders are steering the ship towards a destination that the majority of people don’t want.
  • 01:32 Oliver questions the credibility of politicians and journalists, suggesting that their words and actions are distractions from the true threats to our freedom.
  • 02:22 Agenda 21 is a plan for one world government that is misrepresented as good news, and the puppet government and opposition use distractions and lies to hide the real threat to our freedom and way of life.
  • 03:26 The government and banks are working together to enrich themselves by printing money, causing a cost of living crisis and devaluing currency as an invisible tax on the population.
    • The population has been miseducated and subjected to propaganda, leading them to believe that inflation is to blame for the cost of living crisis, when in reality it is caused by government and banks working together to enrich themselves through the printing of money.
    • The creation of excess money by central banks, such as the Federal Reserve in the United States, is a deliberate tactic to devalue currency and impose an invisible tax on the population.
  • 05:43 All governments are controlled by the Bank for International Settlements, leading to continuous debt and currency devaluation, while distractions like wildfires and migrant displacement divert attention from the impending collapse of national currencies and the implementation of Central Bank digital currencies.
    • All governments, regardless of their political ideology, are controlled by the Bank for International Settlements in Switzerland, which uses banks to put people into debt and continuously devalues currency, making it nearly impossible for anyone to be free of debt.
    • Oliver highlights various distractions and issues, such as wildfires, covid variants, and migrant displacement, while emphasizing the impending collapse of national currencies and the implementation of Central Bank digital currencies as part of Agenda 21.
  • 08:10 Oliver  argues that various government actions, such as surveillance, cycle lanes, and debt, are part of a larger plan called Agenda 21, which aims to destroy the old way of life and usher in a new, sustainable future, despite being dismissed as a conspiracy theory.
  • 09:40 Oliver warns that a global agenda is being pushed by an alliance of corporations, NGOs, and governments to concentrate the population in cities, strip power from the people, and undermine the efforts of London Mayor Sadiq Khan.
  • 11:18 And he criticizes C40’s proposals to combat climate change, arguing that they would lead to a joyless and totalitarian existence.

Andy Schectman: If You Don't Hold It You Don't Own It - Myth or Reality?

Arcadia Economics ... (From September 8)

Quick Summary Bullets:

Key insights

  • “There is wisdom in the statement that if you don’t physically own or possess it, you don’t own it.”
  • “Gold and silver are performing really well in other currencies, blinding the reality of their strength due to the dollar’s dominance.” – Schectman suggests that the dollar’s weakening reserve status could lead to a significant rise in gold and silver prices.
  • “The truth of the matter is that we’re still the minority in this ecosystem of finances, and until the public wakes up and realizes the importance of protecting themselves with something like precious metals, it’s gonna be frustrating.” – Andy Schectman
  • “I believe it will be the banks that light the fuse for higher prices and premiums, with potential bank failures and bail-ins.”
  • “Gold and silver are assets that maintain no counterparty risk or are not someone’s liability simultaneously with your ownership.”
  • “If you don’t hold it, you don’t own it.” – There is credibility to the idea that physical possession of gold or silver is necessary to truly own it.
  • In a world where things are upside down, it’s best to hold your own assets and remove counterparty risk to protect yourself from potential system manipulation.
  • Andy Schectman emphasizes the importance of holding physical gold and silver before considering storage options, highlighting the value of personal possession.

Transcript Summary:

  • 00:00 If you don’t physically possess or own something, you don’t truly own it, and the price of silver is being manipulated to maintain the illusion of a strong currency, but people in the market see it as a positive development despite frustration.
    • If you don’t physically possess or own something, you don’t truly own it.
    • The price of silver is being manipulated to maintain the illusion of a strong currency, but people in the market understand this and see it as a positive development despite their frustration.
  • 02:44 It is important to understand the fundamentals of gold and silver and trust in their long-term value, even if prices are not currently rising significantly.
    • You don’t walk into a store hoping to pay full price, but rather looking for a sale.
    • Schectman discusses the importance of understanding the fundamentals of gold and silver, and suggests that while prices may not be rising significantly at the moment, the strong fundamentals indicate that higher prices will come in the future, and it is important to be patient and trust in the long-term value of holding gold and silver.
  • 05:19 He discusses the impact of influential interviews on the gold and silver industry, expresses frustration with people not understanding the importance of protecting themselves with precious metals, and believes that bank failures and bail-ins will cause higher prices for physical assets.
    • Schectman discusses the impact of two influential interviews on the gold and silver industry, the increase in production of silver eagles, and the stabilization of premiums.
    • He expresses frustration that the majority of people do not understand the importance of protecting themselves with hard assets like precious metals, despite central banks doing so.
    • He believes that there will be bank failures and bail-ins that will cause a higher price and premiums for physical assets, but is surprised that the demand and premiums for physical assets have not increased significantly yet.
  • 08:28 Gold and silver are undervalued assets that have gained more investment this year, but it is important to physically own them in order to truly possess them, even though storing large amounts at home can be difficult.
    • Gold has gained more investment this year due to instability in banks, but silver still remains dominant, with people pulling out large sums of money to protect themselves and be their own bank.
    • Gold and silver are undervalued assets that have no counterparty risk, and it is important to physically own them in order to truly possess them.
    • If you don’t hold your gold or silver, you don’t truly own it, but storing large amounts at home can be difficult, so using storage facilities may be a risk to consider.
  • 11:39 Hold your own precious metals to minimize risk and eliminate counterparty risk, but if that’s not possible, store them with a reputable institution like Brinks as an alternative storage option.
    • Store your precious metals with a reputable institution like Brinks to minimize the risk of losing your money, although there is still a possibility of them being confiscated by a government.
    • Store your metal personally if you can, even if it means getting creative and digging a hole in your backyard, because in the current world, premiums aren’t going to increase significantly.
    • In a world where things are unpredictable and upside down, it is safer to hold your own possessions and eliminate counterparty risk, as there is a higher chance of being ripped off by the system than by a burglar, although Brinks is still a reliable option.
    • Hold your own assets because insurance policies may not cover all risks, and if that’s not possible, there is an alternative storage option available.
  • 15:41 Diversifying storage locations for precious metals is important due to potential changes in laws and the rise of digital currencies, as relying solely on cryptocurrencies or holding assets in private locations may not guarantee safety from the system, but storing in a secure facility is a good option if you can’t keep it at home, although possessing it yourself is still preferable.
    • Diversifying storage locations for precious metals is a good idea due to potential changes in laws and the rise of digital currencies.
    • Diversity is important because relying solely on cryptocurrencies or holding assets in private locations may not guarantee safety from the system.
    • Storing precious metals in a secure facility is a good option if you can’t keep it at home, but it’s still preferable to possess it yourself, although as the owner of a company, the speaker has no choice but to use storage facilities.
  • 18:36 The BRICS meeting, which includes major oil and agricultural producers and represents 30% of global GDP, has expressed interest in joining, potentially impacting the price of gold, but financial ministers will report back next year after conducting due diligence.
    • The BRICS meeting included major oil and agricultural producers, as well as the fastest growing economy in Africa, making up 30% of global GDP.
    • 46 percent of the world’s population and 43 percent of the world’s oil production, along with significant amounts of rare earth metals, have expressed interest in joining BRICS, which is a significant event that people are not considering, as they were expecting the price of gold to increase but instead the financial ministers of these countries were tasked to do their due diligence and report back next year.
  • 20:41 Concerning shifts in global cooperation and expansion, including Iran’s membership in the Shanghai Cooperation Organization and the decline of Saudi Arabia’s oil exports, indicate the need for close monitoring, while potential resolutions to tensions between China and India and the possibility of a gold settlement currency by BRICS countries remain uncertain; specials on silver and gold are available.
    • Iran’s membership in the Shanghai Cooperation Organization and the decline of Saudi Arabia’s oil exports and treasury holdings indicate a shift towards cooperation and expansion, which is concerning.
    • Belarus is proposing a joint summit between the Eurasian Economic Union and the Shanghai Cooperation Organization to discuss their convergence with the BRICS nations and the Belt Road, which signifies the growing expansion and unity of these organizations in terms of population, utility, GDP, commodities, and military power.
    • China and India have agreed to seek a resolution to tensions along the Himalayan border, which is a trend that is not good for the dollar and needs to be closely monitored, while the possibility of a gold settlement currency being worked on by the BRICS countries is still uncertain.
    • Specials on silver and gold include the 2023 110th ounce gold eagle at $37.50 over melt value and the Val kambi kilo silver bar at $1.99 over melt value per ounce, both with certificates of authenticity, and there will be more to discuss next week.

Bill Holter: Complete Collapse & Meltdown - The Dollar Will be Destroyed

Palisades Gold Radio ... (From September 9)

Quick Summary Bullets:

  • “We live in a fantasy world. Now reality has been destroyed. This is the time that you really need to pay attention.”
  • “I think we have a complete collapse and meltdown directly in front of us.” – Bill Holter predicts a complete collapse of the financial system.
  • Owning physical metals and holding them yourself eliminates counterparty risk and provides proof of ownership, protecting against potential financial collapse.
  • “The reason you own gold is to get your serious wealth from here to the next system intact and still have capital.”
  • “The best way to protect your purchasing power is with gold and silver.”
  • “There’s going to be defaults all over the place and the only two monies that cannot default are gold and silver.”
  • Rather than defaulting on its debt, the U.S. is more likely to print whatever money is needed, even if it means destroying the dollar in the process.
  • “The Dollar Will be Destroyed”

Transcript Summary:

  • 00:00 Gold’s value is expected to increase significantly as interest rates cause the value of U.S. treasuries to decrease, leading to an affordability crisis in real estate despite higher prices.
    • Gold’s value is expected to increase significantly, making it a favorable investment in the current economic climate.
    • The increasing interest rates are causing the value of U.S. treasuries to decrease, which is shrinking the collateral and weakening the foundation of the financial system.
    • Interest rates have been gradually decreasing since 1982, but now that they have reached the levels of 2001-2002, it is causing an affordability crisis in real estate despite prices being more than double what they were back then.
  • 03:54 Higher interest rates are causing a collapse in banking and real estate, with four big banks already collapsing and a liquidity crisis looming, indicating an imminent crash in the equity markets.
    • Higher interest rates are causing a collapse and meltdown in the banking and real estate sectors, with commercial real estate prices already dropping significantly.
    • Four big banks collapsed, with their combined assets greater than the 2007-2009 financial crisis, leading to a liquidity crisis and impacting the real economy, indicating an imminent crash in the equity markets.
  • 07:14 Owning physical stocks and metals in certificate form and holding them yourself eliminates counterparty risk and ensures ownership in the event of a collapse or meltdown scenario.
    • To protect yourself during a time of risk, it is important to have stocks delivered to you in certificate form as holding them with a broker puts them on the broker’s balance sheet, and in a meltdown scenario, if the clearinghouses go down, you may lose your capital.
    • To ensure ownership of stocks in the event of a collapse, request physical certificates from your broker and transfer them to a transfer agent for a small fee.
    • Owning physical metals and holding them yourself eliminates counterparty risk and ensures ownership regardless of bankruptcies, similar to owning stocks in a company that doesn’t go bankrupt.
  • 10:20 Cash may temporarily rise in value during a collapse, but it will eventually lose its value as people realize it’s just paper, while silver is expected to outperform gold in the next system.
    • Cash will likely rise in value temporarily during a collapse scenario when access to credit cards and debit cards is lost, but at some point, it will lose its value as people realize it is just paper with printed numbers, while silver is considered more speculative and volatile compared to gold.
    • Silver should outperform gold in the next system based on the current ratio of 80 to 1, despite the fact that it comes out of the ground at a ratio of 10 to 1.
  • 12:45 Gold and silver are undervalued compared to fiat currencies, and as the global economy collapses, they will be revalued higher, potentially triggered by a failure to deliver on the COMEX, leading to a currency war and a high risk of escalation into a hot war due to the lack of physical metal to meet demand.
    • Silver has a storage problem and is undervalued compared to gold, but as fiat currencies are debased, gold and silver are a good way to protect purchasing power.
    • Gold and silver cannot go bankrupt, unlike every currency on the planet which will likely go bankrupt due to non-payment or overprinting, leading to defaults everywhere, making gold and silver the only two monies that cannot default.
    • Gold and silver will be revalued higher due to the end of their artificial suppression and the event that triggers this could be a failure to deliver or a decision by China and Russia.
    • There will be a failure to deliver on the COMEX, whether it’s caused by a default or a revaluation, and this will lead to gold and silver being valued more than dollars.
    • The risk of a currency war escalating into a hot war is high due to the lack of physical metal in the vaults to meet the high demand.
  • 18:54 The US’s lack of audited gold reserves, potential hot wars, and China’s large gold holdings may lead to the destruction of the dollar.
    • Hot wars between Russia and the United States, as well as the potential invasion of Taiwan by China, pose significant global risks, while gold is flowing towards China and Russia.
    • China has over 25,000 metric tons of gold compared to the US’s claimed 8,300 tons, which has not been audited since 1956, suggesting that the US’s gold reserves may not actually exist.
    • The US cannot remonetize its gold due to the high amount of debt, and instead, they may resort to nationalizing gold mines or printing more money, leading to the destruction of the dollar.
  • 23:26 The declining M2 money supply, rising interest rates, and decreasing velocity of the dollar could lead to a loss of faith in the currency and a shift away from the petrodollar system, causing a complete collapse and meltdown of the dollar.
    • M2 money supply has been declining for 18 months, which is unprecedented since the Great Depression, and this, along with rising interest rates, is a cause for concern.
    • The problem is that it’s requiring more money to make debt payments, and for the first time in 20-25 years, velocity is turning, which could lead to a Hot Potato moment where no one wants to hold dollars because they are losing faith in them and recognizing that they don’t buy as much tomorrow as they do today.
    • The petrodollar system, where oil was exclusively traded in dollars, is changing as countries like Saudi Arabia now accept other currencies, leading to the liquidation of dollar reserves by foreign sovereigns and a decrease in the percentage of global commodity contracts priced in dollars.

Randall Gillespie– Would the US Military turn on Americans?

Grunt Proof ... (From September 6)

Intense profanity warning! Do not view if you might be offended.

Quick Summary Bullets:

Concerns about the US military turning on Americans

  • The speaker believes that a significant portion of the US military would turn on Americans due to their political leanings and eagerness for a job and purpose.
  • Extremist briefings in the military labeled anyone who referenced the Declaration or the Constitution as an example, potentially demonizing those who questioned the leftist narrative.
  • The speaker found himself liking some of the local Taliban guys more because they understood and empathized with the challenges of their way of life in Afghanistan.
  • “I think the vast majority would fall just fall in line…just like in L.A with riots.” – The belief that most service members would blindly follow orders, even if it meant turning against their own citizens.
  • The speaker expresses concern about the possibility of the American military turning against its own citizens, highlighting the importance of upholding the values outlined in the Constitution.
  • “Unfortunately, there’s been too much of people not doing their job in the last 13 years, so given the opportunity to go out and do some work, dudes are going to jump on it.”
  • The speaker highlights the terrifying thought of America being in a state where survival is what matters, emphasizing the potential loss of comfort and safety.

Controversial government policies and actions

  • The withdrawal from Afghanistan was seen as a sick joke by the speaker and his team, highlighting the lack of concern from higher-ranking officials for the consequences of their actions.
  • “You can basically report your neighbor and they can show up and take their guns.” – The controversial nature of red flag laws and the potential for neighbors to report each other.
  • The idea of mass non-compliance is suggested as a way to resist and combat the current societal attacks and control.
  • The purging of ncos and officers in the early 2000s under Obama’s administration set a stage that created a loyalty test and potentially laid the groundwork for military mobilization against Americans.
  • The speaker expresses concern about the Obama Administration’s plans for a civilian Marshall police force, comparing it to the brown shirts and socialist ideologies.
  • The comparison between the response to a murder on a military base and the lack of consequences for the loss of 13 service members in the Afghanistan withdrawal raises questions about accountability and fairness within the military.

Importance of upholding constitutional values

  • “How can you uphold something that you haven’t read or attempted to interpret yourself?” – A thought-provoking question about the importance of understanding and interpreting the law before enforcing it.
  • The speaker questions the violation of the Second Amendment and argues that every law on the books infringes upon the phrase “shall not be infringed,” which is the supreme law of the land.

Transcript Summary:

  • 00:00 Most US military members would turn on Americans if given the chance, influenced by culture and politics, labeling certain beliefs as extremist, potentially leading to fighting against fellow Americans based on government definitions.
    • Most members of the US military would turn on Americans if given the opportunity due to their eagerness for a job and purpose, regardless of political leanings or the current state of the military.
    • The speaker, a retired military member, discusses how American culture and politics influence the military, leading to the labeling of certain beliefs as extremist and the potential for the military to turn against Americans who hold those beliefs.
    • Americans have the right to question the election and express their opinions, but the speaker believes that the military would turn on its own citizens and use terms like “Marxist” and “extremist” to demonize them, and he would choose to talk to them and understand their perspective before taking any action.
    • Infantry soldiers are considered the most patriotic and would be the last line of defense for American Patriots, but their loyalty could be compromised if given orders during a crisis due to years of indoctrination, and they may end up fighting against fellow Americans based on the government’s definition of “good guys” and “enemies.”
    • In remote areas of Afghanistan, the speaker encountered corruption, bureaucracy, and a lack of understanding of the local culture among American military officers, leading to a preference for the local Taliban who understood the challenges faced by the people.
    • The speaker disregards warnings and risks his life, believing that if it’s his time to go, he will be fine.
  • 32:31 The US military’s misplaced priorities, lack of physical fitness standards, and integration with local populations may hinder their effectiveness if they were to turn on Americans, but the main issue lies in their blind obedience to a potentially corrupt government and their simplistic categorization of Americans as either good or bad.
    • The US Army has misplaced priorities, with a lack of enforcement of physical fitness standards and the integration of Special Forces with the local population being a key aspect of their training and operations.
    • The speaker discusses the failure of the US military’s withdrawal from Afghanistan and expresses optimism that if the military were to turn on Americans, they would not be as effective as the Afghan fighters because Americans have experience in both counterinsurgency and insurgency.
    • The US military may be halted by a group of armed American citizens, but the main issue lies in the fact that the military and police forces are expected to enforce laws and follow orders that come from a corrupt government that the soldiers and officers may not fully understand due to a lack of education.
    • The military’s simplistic thinking and reliance on misinformation leads them to categorize Americans as either good or bad, with anyone who spreads misinformation or voted for Trump being considered bad.
    • The military operates based on trust in the system, with lower-level soldiers following orders without questioning the validity of their targets, while higher-level officials who have never been on the ground fail to question the intelligence they receive, resulting in potential misidentification of targets.
    • Americans in the military may be seen as bad guys and face consequences for disobeying orders, even if they are listening to Lynyrd Skynyrd or displaying Confederate flags.
  • 47:38 The speaker believes that the US military may turn on Americans due to some members having psychopathic tendencies and a willingness to follow orders, despite the Posse Comitatus Act, but acknowledges that only a few would stand up against the government.
    • The speaker believes that the US military, from E5 and above, is filled with useless politicians who would turn on the American population.
    • The speaker discusses the possibility of the US military turning on Americans and invites viewers to join a live chat to discuss the topic, emphasizing the need to be on camera and keep the conversation short due to a high number of participants.
    • The speaker believes that the US military may turn on Americans, especially if special forces are involved, due to some members having psychopathic tendencies and a willingness to follow orders, despite the Posse Comitatus Act prohibiting the use of active duty troops against US citizens.
    • Most service members would comply with orders, even if they disagree, and only a few would stand up against the government.
    • The speaker, a non-American from Switzerland, discusses his experience serving in the Swiss militia and his mother’s dislike of guns, while also mentioning his mixed heritage and his mother’s career as a radiologist.
    • The speaker expresses concern about the possibility of the American military turning against its own citizens, citing the importance of values in the Constitution and drawing comparisons to Switzerland’s militia system and its history of not being invaded due to its role in storing stolen wealth.
  • 01:16:23 The speaker discusses the possibility of the US military turning on Americans and emphasizes the importance of consistency in applying the Constitution and acts to prevent such scenarios, expressing concern about heavy propaganda and training soldiers to label civilians as extremists.
    • Neighbors in Switzerland can report each other to the authorities, resulting in the seizure of weapons, similar to red flag laws in the US, highlighting the importance of self-trust.
    • The speaker discusses the possibility of the US military turning on Americans and emphasizes the importance of consistency in applying the Constitution and acts to prevent such scenarios.
    • The military is divided 50/50 between conservatives and progressives, and while most would be against rounding up Americans, the heavy propaganda and cultural influence could sway opinions.
    • The speaker discusses how the military is training soldiers to label civilians as extremists and expresses concern about the potential for the military to turn on Americans, suggesting mass non-compliance as a solution.
    • The speaker discusses his change in opinion about Trump, the importance of voting, his frustration with the government, his love for his country, and his question about whether it is frowned upon for civilians to wear grunt style shirts.
    • Truck drivers should be allowed to carry firearms for self-defense, as the speaker discusses the importance of personal protection and questions the effectiveness of COVID-19 measures.
  • 01:41:41 Soldiers may hesitate and experience moral conflict if ordered to use force against Americans, as seen in past loyalty tests and purging of officers, with concerns about the Obama Administration, COVID-19, and a shift towards identifying as Libertarian.
    • There is a possibility of military mobilization against Americans, as seen in the past with loyalty tests and purging of officers, but there may be hesitation and moral conflict among soldiers if they are ordered to use force against their own people.
    • The speaker discusses their concerns about the Obama Administration, the COVID-19 pandemic, and their shift towards identifying as a Libertarian.
    • The speaker discusses the changes he observed in the US military during the Obama Administration, including a shift in culture and mindset, increased focus on administrative tasks and mandatory training, and concerns about retirement for reserve component officers.
    • The speaker discusses the lack of accountability and consequences for the military leadership involved in the withdrawal from Afghanistan, contrasting it with a previous incident where multiple individuals were relieved of duty for one murder, highlighting the need for accountability in the military.
    • The speaker discusses the failures of leadership at various levels, from the president down to lower level commanders, and expresses disbelief at the lack of progress in Afghanistan despite years of planning.
    • Mid-career officers in the military seem to prioritize mission-focused goals over character and unit cohesion, while lower-level leadership, such as squad and platoon leaders, prioritize the well-being of their fellow soldiers, leading to a disconnect in the military hierarchy.
  • 01:59:55 Soldiers in the US military may follow orders, but it is crucial for them to think critically; higher-level decision-makers could manipulate lower-level soldiers, but there would likely be pushback if the military were deployed against American citizens without local support, so peaceful resolutions and empathy are important.
    • Soldiers in the military are likely to follow orders from their superiors, even in chaotic situations, but it is important for them to think critically and consider the changing circumstances.
    • The speaker reflects on their evolving understanding of the Constitution and the importance of concepts like political power and private property, while also discussing their experiences in Iraq and during Hurricane Katrina.
    • Lower level soldiers are generally good and willing to serve, but higher level decision-makers may potentially label Americans as the enemy and manipulate the lower level soldiers to do their bidding for personal gain.
    • The speaker discusses mistreatment of wounded soldiers and the reluctance of officers to challenge the system, suggesting that it would take a bold action for important people to say no and potentially lead to significant changes.
    • If the military were to be deployed against American citizens without the support of local governors, there would likely be significant pushback from soldiers at all levels, and it is important for people to consider peaceful ways to resolve issues and have these discussions.
    • Americans need to understand the true hardship and potential violence that could occur in the country, and it is important to reach out to law enforcement and military personnel to promote empathy and understanding, as well as to prioritize individual freedom and preparedness.
  • 02:28:42 Be prepared to defend yourself and know the law, as the speaker emphasizes the importance of individual motives, challenges faced by those in authority, and the need to educate others about the Constitution.
    • Be prepared to defend yourself and know the law you are enforcing, as it is important to read and interpret the Constitution that you swore to defend.
    • Service members often forget the purpose of their job and get caught up in technicalities, but the speaker would have willingly participated in events like Hurricane Katrina without hesitation.
    • The speaker discusses the violation of the Second Amendment and the potential for questionable orders in the military, emphasizing the importance of individual motives and the challenges faced by those in positions of authority.
    • To get involved with like-minded people and contribute to the community, consider volunteering with search and rescue organizations or non-profits like Rubicon that respond to natural disasters.
    • People in the speaker’s community, including gun store owners, beekeepers, mechanics, blacksmiths, and farmers, are focused on survival and preparedness, and the speaker plans to connect with his neighbors and host local events to gather like-minded individuals for training and preparedness discussions.
    • The speaker discusses the importance of aligning actions with personal values, the negative connotation of militias due to media programming, their personal connection to the military community, the lack of constitutional education in schools, and the need to educate others about the Constitution and common sense.
  • 03:00:08 Younger Americans are seeking like-minded individuals to work towards a better future, emphasizing the importance of attending local meetings and engaging with city officials, while also suggesting finding a local veteran service organization for assistance with VA claims.
    • A former military member discusses his experience with the vaccine mandate and how some people complied while others refused.
    • Younger Americans are becoming more aware of the negative impact of taxes and government control, and are seeking influencers and like-minded individuals to work towards a better future.
    • Finding like-minded individuals and taking action to improve oneself is crucial, as there is no one-size-fits-all solution and the environment and people vary depending on location.
    • Attend local city council and school board meetings to stay involved and have a voice in what is being taught to all children, as anyone can attend these open and public meetings, even if you are not from the area.
    • It used to be normal for people to attend town hall meetings and engage with their city and county officials, but nowadays it is seen as strange, even though it is still possible to walk into public buildings and request information about public officials’ salaries.
    • Find a local veteran service organization to help you file a claim with the VA.

The US Bankrupting Itself on Wars -w/ Ron Paul, Alexander Mercouris & Glenn Diesen

The Duran ... (From September 4)

Ron Paul discusses how the United States is on the path to moral and financial bankruptcy due to unsustainable military spending, excessive borrowing, and a lack of accountability. Yet there is still hope for positive change if individuals prioritize peace, prosperity, and personal liberty.

Quick Summary Bullets:

Economic Impact of Wars

  • “The US bankrupting itself on wars.”
  • The US spending money on wars overseas contributes to the bankrupting of the country, with little to do with national security.
  • The idea that a war is beneficial for the economy and job creation is a misconception and not supported by evidence.
  • “It’s good for killing people. It’s good for running up debt. It’s good for hurting the middle class.”
  • “You have to declare bankruptcy because you can’t pay your bills. That’s what we’re in the middle of and more every day there’s going to be the Declaration of the bankruptcy.”

Importance of Prioritizing Peace and Personal Liberty

  • “I wasn’t looking for a war. I was looking for getting out of the military and getting out of this policy” – Ron Paul emphasizes his opposition to war and his desire to prioritize peace over military intervention.
  • The biggest harm caused by the current system is the erosion of personal liberty, which hinders individuals’ ability to own property, work, and live their own lives without depending on the government.
  • The historical policy of the United States was to seek peace and avoid a military-industrial complex in order to promote prosperity and democracy within the country.
  • “The mistakes are we’re aware of it and this is why I remain an optimist because I believe that the message is not complex and all we have to do is expand its popularity and the opportunity is here because the system we have now is not working.”
  • “The only way we can reintroduce sound economics and our moral system is for this thing to fall apart.”

Transcript Summary:

  • 00:00 The US is bankrupting itself on wars due to the military industrial complex prioritizing profit over national defense, with no legislative control or accountability over spending and no audits of funds or the Pentagon.
    • The video discusses the US bankrupting itself on wars and the new great power rivalry between the United States, Russia, and China.
    • The military industrial complex is a problem as it prioritizes profiteering over national defense, with politicians justifying spending on weapons as a jobs program.
    • There is a lack of legislative control and accountability over the US government’s spending on wars, as there is no audit of the funds and the Pentagon never gets audited.
  • 04:02 The US is bankrupting itself through wars and deficit financing, resulting in inflation and a regressive tax on the middle class and poor, despite the belief that wars create jobs and prosperity.
    • The US is bankrupting itself through wars and deficit financing, leading to inflation and a regressive tax on the middle class and poor, despite the belief that wars are good for job creation.
    • Wars may decrease unemployment numbers, but they do not necessarily create good jobs or contribute to a prosperous economy; instead, they result in the consumption of wealth rather than its production.
    • The speaker discusses the importance of following the Constitution, particularly in regards to declaring war and restraining government growth, in order to enhance the people’s abilities to earn a living, save money, and be responsible.
  • 07:17 The US’s shift towards great power rivalry and its constant search for enemies is leading to bankruptcy, as patriotism and national security are used to silence those who question military actions.
    • The shift from small wars to great power rivalry has led to a preference for unipolarity and a move towards dedolarization, which is likely to continue and pose a threat to the dollar in the future.
    • The US constantly seeks enemies to justify its patriotism and support for the military-industrial complex, currently focusing on China and Russia, but this approach is not beneficial for the economy or security and is leading to bankruptcy.
    • Patriotism and national security are used to silence those who question military actions, even though supporting the military does not mean supporting war.
  • 10:29 The US military-industrial complex and its reliance on debt and interventionism may lead to the downfall of the American empire, harming personal liberty, as the current political class departs from a policy of peace and prosperity through a small Armed Forces.
    • The speaker believes that the US military-industrial complex and its reliance on debt and interventionism will eventually lead to the end of the American empire, and while the current system may hold together for now, it is causing harm to personal liberty.
    • The United States historically sought peace and prosperity through a small Armed Forces and avoiding a military-industrial complex, but it seems that the current political class has departed from this policy.
    • Isolationists are not the ones who provoke wars and sanctions, but rather those who isolate themselves and build up their own country.
  • 13:59 Americans are losing faith in the fairness of their judicial system and elections, while the US should prioritize peace and prosperity over military spending to avoid further animosity.
    • America’s reputation for having a fair judicial system and honest elections is diminishing, as people are becoming disillusioned with the current state of affairs and believe that the Department of Justice is being manipulated for political gain.
    • Americans believe they have a moral obligation to force their beliefs on others, but this approach only breeds more hatred and the US should focus on promoting peace and prosperity instead of military spending.
  • 15:57 The US is on the path to moral and financial bankruptcy due to unsustainable money printing and declining morality, but there is still a remnant of people who believe in preserving values of liberty, justice, peace, and honesty, despite the distortion of truth and deterioration of society, with the main driver of US foreign policy being a combination of the military-industrial complex, obsession with hegemony, and a mix of idealism and power ambitions.
    • The current system is failing and will lead to a moral and financial bankruptcy, as evidenced by the unsustainable printing of money and the decline in morality in institutions like schools.
    • There is a remnant of people who believe in liberty, justice, peace, and honesty, despite the distortion of truth and the deterioration of society, and it is our responsibility to preserve these values.
    • The main driver of US foreign policy is a combination of the military-industrial complex, an obsession with hegemony, and a mix of idealism and power ambitions, with Woodrow Wilson’s mission to make the world safe for democracy being a turning point in US foreign policy.
  • 19:53 Politicians deceive people and vote in their own interests, but they should follow a simple rule of not taking what doesn’t belong to them, including debasing the currency, in order to bring about positive change.
    • Politicians use propaganda to deceive people and vote in favor of their own interests, but they should follow a simple rule of not taking what doesn’t belong to them, including debasing the currency, in order to bring about positive change.
    • Why do so few people in Congress understand common sense?
    • Politicians conform to destructive policies due to pressure from lobbyists and their desire for wealth and power, while the average person is indoctrinated to believe in government redistribution of wealth without realizing it worsens the situation.
    • The government penalizes working people to support those who break the law, defunds the police, and fails to punish repeat offenders, all while claiming to help those in need.
  • 24:00 The US is bankrupting itself through excessive borrowing, with most of the money going to the rich in banking, pharmaceutical, and military industries, and the only way to fix this is for the current system to collapse, but it will be difficult if people continue to be educated in the government school system that teaches nonsense.
    • Most of the money from transfers goes to the rich in the banking, pharmaceutical, and military industries, making our problems worse, and the only way to reintroduce sound economics and a moral system is for the current system to collapse, but it will be difficult to switch over if people continue to be educated in the government school system that teaches nonsense.
    • The US is bankrupting itself through excessive borrowing and will eventually face inflation and currency destruction.
    • Ron Paul believes that getting the US out of its foreign policy crisis and avoiding war with Russia and China would be difficult but possible, as the president has the authority to end illegal wars and control the troops.
    • Don’t engage in endless wars without clear objectives and public support, like the US has been doing in the Middle East for the past 20 years.
    • Take away food stamps from corporations instead of the poor to address the deficit and prevent the middle class from suffering higher prices.
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