Episode Transcript
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Speaker 1 (00:01):
If you want to know how mainstream violence and the
rhetoric of violence has become among the Democratic Party, look
no further than what's happening in Virginia. There is a
Democrat who is a leader in Virginia, a Democrat Attorney General,
Hopeful Jay Jones, who is now being called out by
(00:24):
the right, and many are saying it's time for him
to drop out of that race because of what he
had to say in text messages. The Virginia Democratic Attorney General,
Hopeful Jay Jones being pressured now to drop out of
the race because the text message reveals he apparently fantasized,
(00:45):
I'm gonna say this again, that he apparently fantasized about
a Republican lawmaker being fatally shot to death. In a
social media post on Saturday, the Governor Glenn Youngkin called
out Jones for the text messages he is accused of
sitting in twenty twenty two that show him wishing for
a now former State House Speaker Todd Gilbert and listen
(01:11):
carefully his children to be killed. The New York Post
has exposed in their reporting quote this violent rhetoric, disgusting
rhetoric targeted an elected official and his children is beyond disqualifying.
J Jones said that Gilbert gets two bullets to the
(01:32):
head and then hopes his children would die. That is
what Youngkin, the governor of Virginia, said on x. He
went on to say, read those words again. There is
no gosh. I'm sorry here. Jones doesn't have the morality
or character to drop out of the race, and his
(01:54):
running mate and every Democrat elected in Virginia don't have
the courage to call on him to step away from
his campaign in disgrace. The governor added, Now you may
want to know what was actually in these text messages. Well,
I'm going to read them for you, and I want
to be clear. They are disturbing. The private messages offer
(02:17):
not only a disturbing glints into how the Democratic Party
is run in Virginia, but specifically to how Jones, who
is looking to ouse the incumbent Republican Attorney General this fall,
described as political adversaries in private conversations. I want to
go back to this allegedly in twenty twenty two. Some
(02:37):
of this is at a point where you just have
to sit there and scratch your head and go how
did we get to this point? How did we get
to a point where you have this many individuals who
are in the Democratic who are doing exactly this, saying
we want kids to die, we want people to die,
(02:59):
we want there to be more death, and asking for
and hoping for the assassination of your political opponents. I'm
going to go back to part of this conversation talking
about Joe Johnson, a D but basically an R leaked
everything to your caucus. It's why Gilbert gave him such
(03:19):
a glowing tribute. I knew what you were talking about.
Served with my dad, who had nice words with a
little choice's choice sprinkled in. I didn't look at that.
I just saw a guy died and assumed you'd have words.
He was a D. They say nice things about everyone,
(03:40):
loll if those guys die before me. Quote this is
again the guy who's trying to become the attorney general
and the Democratic Party in Virginia. He says, if those
guys die before me, I will go to their funerals
and blank on their graves, send them out a wash
in something. The guy who's responding by the rights back
(04:02):
Jay Jones. Then he says, three people, two bullets, Gilbert
Hitler and polpot, Gilbert gets two bullets to the head.
Spoiler put Gilbert in the crew with the two worst
people you know, and it receives both bullets every time. Jay,
(04:22):
please stop Lol, Okay, okay, it really bothers me when
you talk about hurting people are wishing death on them.
The person that text message responds, you weren't simply asking,
and you know it. I genuinely was. I wasn't attacking you.
I was trying to understand your logic. He writes back.
(04:42):
You weren't trying to understand. You were talking about hoping
Jennifer Gilbert's children would die. Jay then responds, yes, I've
told you this before only and again, listen carefully. Only
when people feel pain personally do they move on police.
There isn't. I point blank asked you more than three times,
(05:05):
and you dug in that you mean it. I honestly
am questioning a lot today. He writes back, I mean,
do I think Todd and Jennifer are evil and that
they're breeding little fascists? Yes? This was in twenty twenty two.
The private messages offer a disturbing look into how Jones,
(05:28):
a Democrat who's been mainstreamed by the Democratic Party is
not only wanting to ouse the incumbent Republican Attorney general
this fall, but he describes his political adversaries as fascists
breeding little fascists who deserve two bullets in their head,
not one, and their kids deserve to die. This is
(05:49):
what is happening right now in the Democratic Party. This
is how long it's been festering. This is exactly why
we have the attacks on Charlie, assassination I should say,
of Charlie Kirk, the attempt at assassinations on Donald Trump.
This is why Democrats around the country celebrated the assassination
(06:11):
of Charlie Kirk because of everything that I just told you.
It is incredibly scary. It is also incredibly sick that
this is now where we are. This is what is
actually happening. We are now in a situation where the
Democratic Party is being exposed for advocating for this for years.
(06:36):
I want to say that again, for years. This is
what they have been advocating for. And when they also
talk about this elected official, they clearly talk about the
family and the children. They believe that because your dad
is in politics and they disagree with you, that you
(06:57):
are quote breeding as they described it fascists. I want
you to think about that, little fascists. Say it again,
little fascists. When you look at this and you realize
what is being said here, it is truly shocking. It
(07:20):
is incredibly scary that we are sitting in a situation
now in this country where this is what the Democrats
are saying in their private conversations. And do not tell
me this is just one. Do not tell me that
this is an outlier. Do not tell me any of
those things. This is what the Democratic Party has refused
(07:44):
to police. This is what the Democratic Party has refused
to condemn. This is what the Democratic Party has refused
to reign in. In fact, they're the opposite of that.
This is what they advocate for. This is what they
fantasize about. This is what they encourage, calling them little fascists,
(08:09):
that they're breeding little fascists. You notice these words that
they've been using long before what we've recently witnessed in
the worst case scenario in this country of people going
after and trying to kill Republicans. This is the encouragement
using the word fascists over and over again. And you
(08:31):
know what happened.
Speaker 2 (08:31):
It worked.
Speaker 1 (08:33):
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Speaker 2 (08:42):
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Speaker 1 (08:44):
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(09:07):
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two Patriot. There is another major issue that we need
to deal with, and it is I would say as
(10:56):
important as the last thing that we were just talking about.
You may not realize this, but did you know that
it was the Navy's two hundred and fiftieth anniversary. Let
me say that again. It was the Navy's two undred
fiftieth anniversary. The War Secretary Peter Hedgseth addressed a audience
of US Navy sailors in Virginia to commemorate the military's
(11:19):
branches two hundred and fiftieth anniversary, reiterating President Donald Trump's
emphasis on America First and peace through strength. But that's
not what the media wanted to talk about. They wanted
to say that the speech was hateful, means spirited, bigoted,
lacked diversity, equity and inclusion. Why because that is exactly
(11:45):
what Pete talked about, that we need in America first
and peace through strength mentality. And then he blasted with
the left guards more importantly than anything else, diversity, equity,
an inclusion. Headset, by the way, received loud applause. He
began his remarks to thousands of sailors at the Naval
(12:07):
Station Norfolk, Virginia. It's the world's largest naval station, with
over eighty two thousand active duty military that are on
base and over twenty nine thousand civilians. The Secretary of
War Pete Headseth, just took the stage at the Naval
Station Norfolk, and the sailors, well, they loved what he
had to say when he got up there, listened carefully.
Speaker 2 (12:28):
Well, good afternoon.
Speaker 3 (12:29):
How are we doing, sailors, absolute best of America.
Speaker 4 (12:40):
Honored to be at the world's largest naval base. Now,
I'm the only thing between you, the first Lady, and
the Commander of Chief. So I'm going to keep this
very brief. Looking out at all of you, I know
you know why the President always says we have the strongest,
most powerful, most lethal, most ready military the planet, and
(13:01):
he's going to make sure we keep it that way.
This is the perfect way to mark two hundred and
fifty years of the United States Navy. You know, President
Trump has made our mission clear America first at peace
through strength, with common sense at every turn. At the
War Department, it is the War Department we're committed to
(13:24):
that core mission of peace through strength.
Speaker 1 (13:27):
Now you have to ask yourself what is so controversial
about that. Calling to the crowd, the absolute best of America,
the War Secretary said, looking at all of you, I
know you know why. The President always says, we have
the strongest, most powerful, most lethal, most ready military on
the planet, and he's going to make sure we keep
(13:47):
it that way. Why would anyone think that that is controversial. Now,
Pete wasn't done there. He had another thing to say
to the Navy troops, and this is what triggered them.
Speaker 2 (14:00):
Left.
Speaker 4 (14:01):
Nobody, nobody in the world does it better than the
United States Navy. Always remember this.
Speaker 1 (14:12):
Fact.
Speaker 4 (14:14):
You are not civilians. You are different sailors, seals, marines.
You were set apart for a distinct purpose. Your diversity
is not your strength. Your strength is your unity of purpose,
your shared mission, your love of country. Generation after generation,
battle after battle, ship after ship, sailor after sailor. You
(14:36):
have set the tone.
Speaker 1 (14:39):
How is that controversial? Headseth went on to blast ei mantra,
saying diversity is our strength, instead highlighting the common mission
that unites all service members, saying quote, you're not civilians,
you are different sailors, seals, marines. Right, this is this again,
lifting them up. You are set apart for the distinct purpose.
(15:00):
Your diversity is not your strength. Think about that. Your
strength is your unity of purpose, your shared mission, your
love of country. Generation after generation, battle after battleship after ship,
sailor after sailor, you have set the tone. In other words,
it is not woke THEEI. That is not what sets
(15:23):
you apart. He continued on to reference John Paul Jones,
a Scott's born naval officer who is also known as
the Father of the American Navy for his role in
the Continental Navy during the American Revolutionary War, saying quote,
the story began with John Paul Jones when he declared,
I have not yet begun to fight.
Speaker 2 (15:40):
Today.
Speaker 1 (15:41):
We have a commander in chief who fights for all
of you and fights for our country every single day.
A commander in chief who guarantees that you, the war fighters,
have everything you need on the high season to our
enemies and if necessary went overwhelmingly. We have a president
who appreciates your dedication. He appreciates your service, your sacrifice,
(16:03):
and that of your family as well. And as I
always tell every service member, every sailor I see, he
referring to Donald Trump, has your back. Headsets, by the way,
concluded speech with a message of gratitude the sailors from
the Pentagon, saying quote, So war fighters on half of
everyone at the Department of War. Thank you, Thank you
(16:24):
for a commitment to America's navy. You stand the watch
two hundred and fifty years later. God bless you, and
may God bless our great Republic. God speed, the secretary
said to again, more of a round of applause. Now,
what in there is controversial? It's America first. It's celebrating
our men and women who saved this Country's celebrating the
(16:46):
men and women who've come before, those sailors that were
there today listening, who've given the ultimate sacrifice. What in
there is controversial? And why are Democrats losing their minds?
Speaker 2 (16:57):
Now?
Speaker 1 (16:57):
If you want to know, part of the reason is
because we're putting a Marrea and we're talking about having
a strong, not woke dei military. Something else to put
in context. Headset speech was immediately followed by short remarks
from the first lady she loves our military, which I love,
and then a forty five minute speech about America first
(17:19):
from Donald Trump. Now you have to ask yourself, what
possibly could Democrats be so angry about in this speech?
What possibly could they be so mad about? Right now?
Donald Trump getting up there, and here's what he said.
Speaker 5 (17:39):
Then a month or shortly thereafter, and speaking to them
would have been much more difficult. In recent weeks, the
Navy has supported our mission to blow the cartel terrorists
the hell out of the water. You see that, and
you know, there are no votes in the world anymore.
(18:00):
We can't find any We'll have a hard time finding them.
But you know, it's a pretty tough thing we've been doing.
Speaker 2 (18:07):
But you have to think of it this way.
Speaker 5 (18:09):
Every one of those boats is responsible for the death
of twenty five thousand American people, had the destruction of families.
Speaker 2 (18:19):
So when you think of it that way, what.
Speaker 5 (18:20):
We're doing is actually an act of kindness. But we
did another one last night. Now we just can't find
any you know, it's the old story. We're so good
at it that there are no boats, in fact, even
fishing boats. Nobody wants to go into the water anymore.
Sorry to tell you that, but we stop. We're stopping
drugs coming into America.
Speaker 2 (18:41):
That's okay.
Speaker 5 (18:42):
We're stopping drugs at a level that nobody's ever seen before.
Last year we lost I believe three hundred thousand people
and that's not talking about the destruction to families. Every
one of us knows families that have been destroyed because
the son's daughter, even mothers and fathers are destroyed by
the fence at all boring in and drugs boring in
(19:03):
well not coming in by sea anymore. So now we'll
have to start looking about the land because they'll.
Speaker 1 (19:08):
Be Let's just stop there and ask this simple question.
What is it the President said there that's controversial stopping
drugs coming in this country, using our navy to protect
America's homeway, and making sure that people aren't dying. What
is so controversial about that? And let's also just make
it clear. Isn't this exactly what Americans voted for. Isn't
(19:30):
this what Donald Trump said he was going to do,
because this is exactly why I'm happy and proud of
him being president. Let me also just go back to
something else that the President said that I wanted to
play for you, and this is him again talking to
the Navy today. He was talking about how we need
to have pay raises for our men and women in
(19:52):
the military because they're underpaid.
Speaker 6 (19:55):
Listen, how worried about it you'll worry about do not
worry about it.
Speaker 5 (20:04):
It's all coming.
Speaker 2 (20:05):
It's coming.
Speaker 5 (20:06):
And even more because I'm supporting the across the board
pay races for every sailor and service member of the
United States enfoard. But we have to take care of
this little nat that's on our shoulder called the Democrats.
They want to give all of our money to illegal
aliens that pour into the country. And you know, I
have a bigger heart than they do. But the problem
(20:27):
is when you do that, they come in by the minions.
Everybody wants that they can't do it. But I've also
pledged the largest ever investment in our military's history. We're
spending over one trillion dollars. We've never had anything like
that before, one trillion dollars on our military. And that
includes along with your Secretary of the Navy and Pete
(20:49):
heg sayth we're going to be building lots of ships
and doing a lot of things that you haven't seen
happen for thirty five years. We'll soon revitalize our once
great ships with hundreds of billions of dollars in new
investments and people coming from all around the world, and
they're gonna build chips in America.
Speaker 2 (21:08):
We want to build in America.
Speaker 5 (21:09):
And as I told generals and admirals last Tuesday. We
are getting woke. This the hell out of our military.
Speaker 2 (21:15):
It's gone.
Speaker 1 (21:16):
You gotta love a present. It says, not only am
I supporting across the board pay raises for every sailor
and service member of these armed forces. This is the
first time we've had that in a while. It also
talks about how I think he believes that America is flourishing.
Join me now to talk about this and what's happening
in the marketplace. Kurt Elliott, he's with Kirk Elliott Precious Metals.
Speaker 2 (21:35):
Kurt.
Speaker 1 (21:36):
You hear the present there talking about sailors and saying
it's time to give them pay raises. That is not
something you hear very often. He's also saying it while
he's doing major cuts in our government. That's something that's
very exciting as well when you hear both of those
combos together. And a lot of this I think goes
back to where we are with the economy and what
we're seeing, including that quarter point that we saw come
(21:59):
off with the that was pretty impressive. Your reaction to
all that awesome.
Speaker 6 (22:04):
I mean, it's really great to see a strong leader
that really wants Americans first in the economy to flourish, right.
Speaker 2 (22:11):
And part of that is paying people for what they're worth.
Speaker 6 (22:14):
Part of that is getting rid of some of the massive,
massive government expenditures that aren't needed, right, And so this
is why we're seeing the government shutdown and and but
what we're you know, as an economist, I look at this,
It's like, Okay, we're going to see a bunch of
people furloughed this week, right, So then moving forward, we're
(22:36):
probably going to see some massive layoffs, not in essential jobs,
but in places that really aren't needed.
Speaker 2 (22:44):
So moving forward, what is this going to mean?
Speaker 6 (22:46):
As I look at it, you know, a month from now,
we're probably going to see the unemployment numbers go up.
Speaker 2 (22:53):
The left is going to blame Trump. Trump, It's not
his fault, right there.
Speaker 6 (22:58):
Nobody came to the table to actually play a reasonable
game on stopping the government shutdown. So when you look
at that, it's like, all right, he doesn't want to
spend one point five trillion dollars when the government doesn't
have money, So there's going to be a government shutdown.
But when you see the unemployment numbers that are probably
(23:18):
going to go.
Speaker 2 (23:19):
Up, what does that mean?
Speaker 6 (23:20):
Means the Fed is going to have to lower interest
rates again because the unemployment numbers are higher.
Speaker 2 (23:27):
But there's a problem.
Speaker 6 (23:29):
The problem is a lot of the BLS, which is
considered a non essential government entity, is possibly going to
be furloughed, so you might not actually see the labor
numbers and the unemployment numbers come out over the next
thirty days.
Speaker 2 (23:45):
So the Fed's got this problem that they always have.
It's like, well, we don't know what to do, we.
Speaker 6 (23:49):
Don't know where the economy is going, so they might
not do anything. Then they might not do anything this
next time, and this creates uncertainty and turbulence, and with that,
you're going to see the stock market probably come down
because of the uncertainty in the turbulence.
Speaker 2 (24:08):
You're going to see.
Speaker 6 (24:08):
Gold and silver rise because of the uncertainty in the turbulence.
You might see cryptocurrencies kind of stay static because they
don't know what's going on, and a lot of times
cryptocurrency tends to rise and fall with the stock market.
So there's a lot of turbulence right now. Right But
with that, I'm so encouraged, so encouraged that I don't
(24:32):
care how long this government shut down last, whether it's
two weeks or two months, we're going to start to
see some enhancement to the economy. Ultimately, they will have
to lower interest rates to stimulate the economy, just like
Trump what was asking for. And that's going to be
good things for all Americans. But in the meantime, we
(24:52):
have to play the hand that's dealt us, and that
is turbulence. The Fed isn't probably going to do anything
meaningful over the on October twenty ninth, and so what
we do we allocate into strength. As an economist, as
an investor, we have to allocate into strength. And that
strength is during times of uncertainty. Gold and silver really rise,
(25:16):
and they rise a lot.
Speaker 1 (25:18):
You talk about the rise, and this is one of
the things that I do love about what you guys
do over Kurt Elict Precious Meals, and you can check
them out online as well and you can see what
they do. It's k e p M dot com k
e PM dot com. But what you guys look at
is the overall diversification. You look at gold right now,
it's crazy. It is almost almost four thousand an ounce.
(25:43):
It's at thirty nine hundred and change. Solver is it
close to the all time high at forty eight. Like there,
people around the world are running to this because of
all the things that you just mentioned.
Speaker 6 (25:55):
Well, exactly right. I mean you look at gold that's
at an all time high. You look at silver, it's
sixty cents off of its all time high. And why,
I mean everything that we just mentioned is going to
propel it further. But year to date, I mean it's
it's October right. Year to date, gold is up probably
forty six percent year to date, not too shabby. Silver
(26:19):
is up over sixty six percent year to date. And
the reason is silver has a double layer of demand,
which is it's in manufacturing medal.
Speaker 2 (26:28):
It's an industrial metal.
Speaker 6 (26:29):
It's needed for everything that we're seeing, solar power, electric vehicles,
new battery technology, electronics, AI chips, cryptocurrency mining.
Speaker 2 (26:39):
All of that needs silver.
Speaker 6 (26:41):
Where where gold thrives been on uncertainty, turbulence, turmoil, inflationary pressures,
everything that we're seeing, which is why central banks around
the world allocate.
Speaker 2 (26:52):
Into it by the hundreds of thousands of tons.
Speaker 6 (26:55):
Silver now acts as a financial medal just like gold does,
but it has this extra layer of demand and that
supplies are diminishing.
Speaker 2 (27:04):
I don't know if you and I talked about it.
I don't know if we've talked about.
Speaker 6 (27:08):
It on air yet, but when we met earlier this week,
you know the TV Securities Toronto Dominion, you know like
TV Ameritrade, that TV their chief commodities analysts said it
actually amplified what I've been talking about for months, which
is London LBMA, the massive depository throughout the world. They
(27:29):
are going to be depleted from silver in four months.
What does that mean for the manufacturers like Samsung and
LG and Sony and Boeing and Lockheed Martin When they
need supply, they need physical delivery to make sure that
they can make flat panel TVs, and they can't get
it because it's running out, Prices just go up. This
(27:49):
is economics one oh one. And this is where I
get really excited, because when we can strip the emotion
out of our investment decisions and actually operate on logic,
you can be at the right place at the right
time and capitalize on this turbulence and turmoil and uncertain
Because one thing is not uncertain, that is metals are
(28:10):
running out, physical inventories are running out. How do I know, Well,
when you look at the futures price like of silver,
for example, the futures price is less than the current
spot price.
Speaker 2 (28:25):
What does that mean.
Speaker 6 (28:26):
It means that they need metals for physical delivery. They're
actually offering a higher price right now because they don't
have it. Then it's not there, and when the manufacturers
of the world need it.
Speaker 2 (28:38):
And it's not there, they offer a higher price.
Speaker 6 (28:41):
That's what that number tells me and us as investors
when we want to minimize risk and maximize return, play
into that market in what Trump is doing in this
economy is going to grow it.
Speaker 2 (28:54):
I love It's incredible.
Speaker 1 (28:55):
I love the way you say play into what Trump
is doing, play into what we need know he's doing
and what is happening right now. I couldn't agree more
with you on that. Look, if you guys that are listening
right now want to talk more with Kirk Elliott and
his team, they do an amazing job. I'm literally holding
a ten ounce Troy bar of silver in my hand
as we speak. I just got a hundred ounce bar
(29:17):
the other day because I'm diversifying. And if you want
to see everything they have for you, you can go
online to k e PM dot com. That's k e
PM dot com.
Speaker 2 (29:29):
Don't forget.
Speaker 1 (29:29):
Share this podcast wherever you can with your family and
your friends, and I'll see you back here tomorrow