Episode Transcript
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Speaker 1 (00:05):
We have before us the opportunity to forge, for
ourselves and for futuregenerations, a new world order.
Good evening folks.
You're listening to the Hour ofthe Time.
I'm William Cooper.
The chair is against the wall.
The chair is against the wall.
John has a long mustache.
(00:25):
John has a long mustache.
It's 12 o'clock, americans,another day closer to victory.
And for all of you out there onor behind the lines, this is
your song Time, weather andhighway.
Veteran of three foreign wars,entrepreneur and warrior, poet,
(00:47):
tony Arterburn takes on theissues facing our country,
civilization and planet.
This is the Arterburn RadioTransmission.
Thank you so.
Speaker 2 (01:50):
The chair is certainly against the wall.
Ladies and gentlemen, this isthe Arterburn Radio Transmission
and I am your host.
I'm broadcasting from deepwithin the heart of Texas.
I've got Beans the Brave on mylap.
I don't know if she'll stay forthe entire transmission, but a
rare treat.
Well, the last couple of weeksnothing's happened right.
Did I miss anything?
(02:10):
I tried going live twice lastweek and was well, you don't
want to chalk it up toconspiracy, but gosh, it sure
looks like the way.
I couldn't use my internet forthe exact time in Branson that I
needed to go live, and no othertime was it out.
But anyway, we soldiered on andI'm back in Texas marveling at
(02:32):
the headlines, you know,wondering why it took so long
for this political machine toshow its true self.
Political machine to show itstrue self, and it gives me no
pleasure.
It actually makes me sad in away.
I was talking to Travis Knightthis morning on the David Knight
(02:54):
Show and I'm thinking about theEpstein case and the files that
you'll never see and theinvestigation that will never be
and the people that should bebrought to justice that never
will be and what it actuallymeans.
There's a great article on ZeroHedge.
That we'll get to.
But just from my personal life,I remember my first year in San
(03:18):
Antonio working Wise wolf.
At our first location andbehind the shop was some really
affluent homes.
It was a mixed neighborhood.
I mean, I lived in an apartment, I could usually walk there,
but my shop had a mixeddemographic.
And one day, right afterEpstein Jeffrey Epstein, after
(03:43):
Jeffrey Epstein didn't killhimself when he was murdered in
prison this lady came in a veryaffluent-looking, very beautiful
older woman.
She was probably in her late60s at the time.
She had this big bag of reallyexquisite jewelry and I was
going through it.
(04:03):
I bought some from her.
We talked for hours because Iwas assaying things and going
through and giving her a bid.
I'll never forget this story.
And she's looking up thetelevision with Fox News
business streaming across it andshe says you know, I was
neighbors.
I was a next door neighbor toJeffrey Epstein when I lived in
(04:25):
New York City and she said thisis back in the 80s and she's
like he was a very strange manbut very, very polite.
And then she goes you know, doyou want to know something
really weird?
She said when I went into hishome several times, but one time
when I went in, I saw hiscloset and it had strangely
(04:47):
enough it had the same outfitover and over again stacked next
to each other, and that alwaysstuck with me, because a lot of
what you see, these arecharacters that are being played
and whenever this happens,whenever Epstein gets brought up
again because I covered so muchof it you remember the days of
(05:08):
Trust, the Plan and things fromRoger Stone about what you know
Trump's revelations aboutkicking Epstein out of
Mar-a-Lago because he was handsyor whatever it was you get all
this.
It's this political buffoonery,back and forth and really what
Epstein is is a character.
(05:29):
He played a part.
He was completely constructedout of thin air, much like Obama
was, or Timothy McVeigh, forthat matter.
He existed.
He may still exist.
He existed, he may still exist.
He existed, but he wasconstructed.
He was made Interesting.
(05:50):
You know tidbits of informationthat it the attorney general of
the United States at the time ofEpstein's second arrest, when
you know, after he was housearrested in Florida and then
slapped on the wrist and nothinghappened, but leading up to his
demise was Bill Barr.
(06:10):
And of course, bill Barr wasthe attorney general for George
HW Bush.
Back in the early 90s, ciaconnected and represented Lon
Haruchi, who was the sniper thatshot Vicki Weaver in the head
while she was holding her infantchild at Ruby Ridge.
Like he's a real piece of work.
He's an insider's insider.
(06:32):
Well, he was the attorneygeneral when Epstein was
arrested and his father was theperson who first gave Jeffrey
Epstein a job to work with kids,the person who first gave
Jeffrey Epstein a job to workwith kids.
And you know it's funny becauseI remember David Knight
(06:52):
bringing this up, and this ishow weird the life can get
Epstein-Barr is what you call acommon cold, a rhinovirus, which
is coronavirus.
It's kind of weird, isn't it?
And that's like the dead manswitch or whatever it was, with
Epstein and the murder of thisagent of Mossad or whatever he
(07:18):
was.
We just definitely know thatGhislaine Maxwell was convicted
of trafficking children to noone, and if this doesn't wake
you up from how dead, dead endthe political game is, I don't
know what.
Will you have other concerns?
They cover up bigger things.
(07:38):
Honestly, there's probably somuch going on that we're not
focusing on.
I know that it's in themacroeconomics we'll talk a
little bit about today.
That's certainly bigger picture, more important.
But this is a glaring exampleof why the left-right paradigm
is a dead end and unfortunately,I think this has been a high
(07:59):
watermark.
Not only in the last 30 dayswe've seen epical events in
politics.
It's the high-water mark fornot only the Israeli lobby, with
the interview of Ted Cruz byTucker Carlson, which was genius
.
They don't have the influencethat they used to.
(08:20):
Thank God, it's waning, whichis good for our country, it's
good for world peace, it's goodfor peace in general.
It's just good for the rightthing.
But the second high watermarkwas MAGA, and MAGA is going to
be fractured at this point.
It's hobbled and it won't makeit out of this.
It's too much.
And you have whatever they'reread into with Epstein and you
(08:45):
know it's so connected.
I mean, you guys know that theZorro Trust, which Epstein
controlled, and the Zorro Ranchout in New Mexico, where it's
surrounded by state land, whereyou can't even access it, like
you can't buy land, like thislittle plot of land is his,
owned by this trust and theywere doing genetic experiments.
(09:06):
Where did he get his money?
This is how the elite of theelite traffic.
He's just the front man, he'sjust the bag man.
And the Zorro Trust won thelottery.
Did you know that?
It won like $29 million?
So what are the mathematicalchances or is that some sort
of—he won the Oklahoma lotteryfolks the Zorro trusted?
(09:27):
I confirmed it before I went onair and you can go look it up
for yourself.
This is an interconnected thingwhere if you go in and dump this
list out and you really diginto the files, what you're
going to find is that the centerof power conducts these
blackmail operations and ringsfor its own self.
(09:48):
They break the law.
Not only that, I mean, theytraffic an evil, and it's not
just oh, if you turn ontraditional brain-dead
conservative talk radio, they'llgive you this idea that if we
(10:09):
just get enough Republicans inno, this transcends parties.
That's why they're not going torelease the list.
They never were.
I don't know why they ramped itup so big.
It might have been to flushsome things out, but they never
intended to.
Actually, they gave some weirdoinfluencers some documents to
do something with.
(10:29):
What was that about?
And it was like strategicallyplaced for them to carry out
whatever that was to to showthat they were doing something.
I think that the pressure was onand we're going to get into
this article here in a second.
Then I want to talk about somemacroeconomic issues.
(10:49):
The BRICS nations are meetingGreat article on natural news
I'll get into and I'll get tothe chat today here as well.
Let me pull this article upfrom Zero Hedge, but it's
interesting.
This is all out in the open now.
I'd wondered how long it wasgoing to take for nothing to
(11:10):
happen.
That's where we are, though,folks, unfortunately here.
Let me put this up.
This is Zero Hedge.
It's a good piece, it says.
Investigative journalistexplains why Epstein case will
never progress.
This is authored by SteveWatson.
Via modernitynews, journalistNick Bryant notes in his viral
(11:36):
clip from the Sean Ryan podcastthat the Jeffrey Epstein case is
being covered up by the federalgovernment and will never
progress because it woulddestroy their entire operational
system.
That sounds like me.
Epstein had cameras in all ofhis homes.
Epstein was definitely ablackmail artist.
Brian knows the governmentwants to make sure that it does
(11:59):
not come out.
A huge part of our politicalsystem is predicated on
blackmail.
He adds Well, not only that,but do you realize what you
would need to pull off a 9-11?
Well, you would need an Epstein.
You would need this Greatexample is the way that modern
(12:23):
politics works is somebody likeDenny Hassert, who was speaker
of the House longest servingRepublican speaker of the House
was the one that was.
He preceded Newt Gingrich Actthis post-9-11, shoved all that
(12:47):
stuff through.
Now he was a pedophile and hadbeen paying people off, paying
the boys off that grew up, thathe was a wrestling coach,
whatever he was, and they usedthe Patriot Act to arrest him
because of the way that he waspulling money out of his account
.
But that's the type of peoplethey get recruited, folks they
use blackmail.
It's absolutely predicated onblackmail.
(13:08):
It's coercion.
You wonder why?
Why I wouldn't do that.
I wouldn't vote that way.
You know I wouldn't.
I would stand up for what?
Yes, you would.
You would never make it thereand some people do that are good
.
I've known people that havemade, but it's not the majority.
If you want to have the realseats of power, then they've got
(13:32):
to hold something over you.
It says if that dark, malignantcorner of the intelligence
that's using blackmail againstour politicians and or other
people, if they were usingchildren, that would make the
American people erupt, hecontinues for that dark corner
of intelligence, this is OmahaBeach.
They're not going to give aninch Well, that dark corner of
(13:56):
intelligence.
If you know anything aboutOperation Midnight Climax or
MKUltra or Operation Chaos orCointelpro, if you know anything
about those things operationsin the 1960s they'll go to great
lengths.
I mean, just look at the Mansonfamily folks.
(14:21):
The Manson family folks, lookat the CIA's involvement, all
(14:45):
the perpetrators and all theprocurers involved in the
Epstein network.
No one's been indicted exceptfor Ghislaine Maxwell.
That really shows that ourgovernment unfortunately wants
to stop it there.
Why is our government aiding,abetting child trafficking,
unless they're protecting somevery powerful people and a
(15:07):
political process, brian Posits,that's why the only way this
makes sense.
Attorney General Pam Bondiresponded very tersely to a
reporter's question about theEpstein case Tuesday, which
(15:31):
Trump clearly disgusted that itwas still being brought up.
But the gaslighting that wenton.
It truly is astounding.
Former CIA officer on Epsteinwhitewashedwash.
I just don't buy it.
Trump vowed to providetransparency on the case, yet
(15:52):
the doj is pulling up, puttingup a brick wall, prompting many
of his supporters to call it outas unacceptable.
Many have found themselvesreluctantly having to agree with
the likes of trump hater sinkugar andur and CNN propagandist
Jake Tapper.
Well, that's how bad it got.
(16:16):
This is not a partisan issue.
This is the foundation of howthe deep state and how the state
plays.
I mean, it's no longer evenhidden anymore.
They just throw it in your faceand gaslight you and you're
(16:36):
supposed to just digest this,accept it.
I think more will come of this,but not much.
Again, this is from the highestlevels and there'll be pushes
(16:58):
to disclose some of these poststhat I'm seeing here and even
some journalists, but I thinkmost likely it'll end here.
The great work from independent, you know, alternative media,
citizen journalists have gone onfor years and done some great
(17:19):
research on this.
That's how I know about zorroranch and you know epstein
winning the lottery yeah, that'sthat's how I know.
That's why you know about it.
But we'll never get disclosurefrom the government.
That's how they run things andprobably this is very healthy.
(17:39):
If you look at you know,sometimes you have to sober up
and our political discourse hasreally gone off the rails and
it's hijacked.
It is almost cult-like and themoney that I've missed out on of
(18:09):
MAGA have made it unacceptableto even associate with it.
Because of things like this, Icannot back this.
It's one of the reasons I threwup my hands and I would not
understand.
You know what was that?
We're doing this again and wedid it again and we got to the
like Sisyphus, you know theGreek legend.
(18:33):
We rolled the rock up the hilland just have it roll back on us
for eternity.
So we continue to do that.
We rolled the rock up the hilland, as conservatives and people
that, and traditionalists andpeople that love the
constitution, I still believe inthe country.
The issue is is what does thissay about our politics?
And it shows it to be hollowand really it's an IQ test at
(18:57):
this point, isn't it, folks?
Speaker 1 (19:01):
All right.
Speaker 2 (19:03):
Well, I'm going to jump over into some other.
We'll go into some financialstuff If I have time.
I want to read some headlinesoff.
There's still stuff going onforeign policy-wise.
I definitely want to get intosome of the headlines on
anti-war.
I've got Beans the Brave withme today.
She's decided to stay on my lapfor this show.
(19:26):
Definitely glad she's here.
I mean she wanted to get down.
It's like, okay, girl, allright, let's see, you'll click
around for a little bit.
Let's jump over into thisarticle up on Natural News and
then I'll take us to the chat.
It's definitely good to be back, guys.
(19:47):
All right, let's get on naturalnews.
And this is what's really goingon.
Okay, brics nations forgefinancial independence as Russia
accelerates globalde-dollarization movement.
This is the stuff to payattention to.
(20:10):
The global financial order isundergoing a seismic shift and
the BRICS alliance, comprisingBrazil, russia, india, china,
south Africa and now expanded toinclude Egypt, ethiopia, iran
and the UAE, is leading thecharge.
With mounting distrust in theUS dollar's dominance and
(20:30):
growing resentment towardsWestern financial weaponization,
brics nations are aggressivelypursuing alternatives that
sideline the dollar and shieldmember economies from
Washington's coercive sanctions.
Well, that's right.
We have 40-plus sanctions on 36different countries.
Folks, the dollar has beenweaponized.
(20:51):
As a matter of fact, today a50% tariff went into effect on
copper for just about everythingthat has machine parts and
electric lines and tubeeverything you need.
Copper is the glue ofcivilization and we just slapped
(21:15):
a 50% tariff by the way, I'm atariff guy.
I just don't understandwhatever this is.
And the world's retaliating.
And the BRICS nations?
I've got some articles there.
They're moving away Again.
This is what highlights in thisarticle Moving away from dollar
dominance, de-dollarizing andtrading amongst themselves.
(21:41):
As Russian Finance MinisterAntov Selenev declared to RT,
national currencies offer BRICSnations a lifeline, a system
unshackled from Westernmanipulation and capable of
resisting political pressure.
The timing is no coincidenceWith US sanctions freezing
Russia's foreign reserves andrestricting swift access, moscow
(22:03):
has accelerated efforts todismantle the dollar's supremacy
, reinforcing alliances thatthreaten the bedrock of Western
financial control.
Yeah, just reading today, justgoing over the metrics for BRICS
Now, with these other nationsthat have been added to the
(22:29):
docket, 50% of the world'spopulation now makes up the
BRICS nation.
It's 50%, more than 50% and 40%of the world's gross domestic
product.
Folks.
A very powerful alliance thatis being made right now.
That's key points.
Brics is rapidly advancingde-dollarization, with Russia
(22:51):
pushing for trade settlementsand national currencies rather
than the US dollar.
Another aspect of that is goldand Bitcoin.
As you see, more and more, goldbecomes the world's reserve
currency and it's quiet, butthat's what's happening.
They're using and will use, Ithink, electronic means.
(23:12):
They're not going to create aunified currency to compete
against the dollar.
They're using cross-borderpayment systems and gold and
could be using things likeBitcoin and stable coins.
The new development bank, ndp,brics Financial Institution, is
crafting sanctions-proofmechanisms to bypass Western
(23:33):
financial infrastructure.
And this is not just aboutbypassing the sanctions, folks.
This is, and it's not just thatwe won't get our hands on or
won't be able to affect or applypressure or project power.
It's going to hurt usfinancially, hurt the United
States, the ability for thepolitical class, the parasite
(23:57):
class, to print unlimitedamounts of US dollars because we
can go willy-nilly around theworld and do whatever we want
because we're the Americanempire.
Those days are coming to an end.
Nearly 90% of Russia-Chinatrade $227 billion in 2023, is
now settled in rubles and yuan.
(24:17):
A stark rejection of dollardependency 90% of Russia-China
trade is now settled in rublesand yuan.
China is accelerating itsdivestment from US treasuries,
dumping $53.3 billion in Q1 2024, while bolstering gold reserves
as a hedge against dollarinstability.
(24:38):
Over 50 countries haveexpressed interest in joining
BRICS, signaling a growingrevolt against Western financial
hegemony growing revolt againstWestern financial hegemony.
Since the West froze 300billion of Russia's foreign
reserves in 2022, moscow haspivoted decisively towards
(25:00):
self-reliance.
Selenianoff emphasized on RTthat transactions proceed
through direct bank links,bypassing SWIFT, and dollar
clearinghouses ensurereliability and independence
from western lendinginstitutions.
Well, this goes back to what Icovered in 2022, when the
russian finance minister said uh, that dollars were candy
(25:21):
wrappers and if you look intothe russian dialect, it's like
toilet paper, like they don'tuse them, they don't want them,
and they started using theirrich energy and crude oil
reserves and started trading incrude oil and gold, and the
ruble bounced back.
Even after the sanctions,bricks pay and the death of
(25:44):
dollar diplomacy, beyond goldand local currencies, brics is
constructing a parallelfinancial architecture.
Discussions around ablockchain-based BRICS pay
system enabling CBDCs centralbank digital currencies for
cross-border trade could crippleWashington's ability to enforce
(26:05):
sanctions via dollar leverage.
Of course they will do this andI'm not, by the way, I'm not
cheering this on, but this isbrought on by the ruling class
(26:26):
and, as Gore Vidal said, it'snot a conspiracy.
If they all think alike, theseare the same schools.
They all go to the samecocktail parties.
They're the same people andthey've put us in this collision
course with the rest of theworld because of our bullying,
(26:51):
bullying.
This is why the West can'tignore the rebellion.
The dollar supremacy rests onthe petrodynamics and military
might, but BRICS is untethering.
Both Saudi Arabia, long thelinchpin of the petrodollar
recycling, now accepts yuan foroil.
That's another thing.
We lost the petrodollar,remember.
Meanwhile, nato's Ukraine gamutbackfired.
Russia's ruble, once deemedworthless by the West, has
(27:14):
stabilized through BRICS tradechannels.
Washington's response bullyingChinese banks to cut Russian
ties only fuels a revolt.
And remember it wasn't thatlong ago, maybe a year or so,
that Xi Jinping and Putin met,had a little summit and Xi
(27:38):
Jinping, before he left, turnedto and made sure that everybody
could hear.
But he turned and he facedVladimir Putin and said we are
here to witness the greatestchange in the last hundred years
.
And what he's talking about isthe demise of the current
financial, political, economicworld order structure.
(28:04):
The question isn't whetherde-dollarization will happen,
but how fast.
With 30-plus nations eyeingBRICS membership, the alliance
expansion mirrors the fall ofthe gold standard.
The West's financial dominance,like its military-industrial
complex, faces an existentialthreat, one built not in
Brussels or DC, but in thevaults of Moscow and Beijing.
(28:27):
Not in Brussels or DC, but inthe vaults of Moscow and Beijing
.
That's exactly right.
We're being out.
This is being a maneuver to getaway from the West's financial
systems, to leave us behind andto de-dollarize.
(28:50):
That is the trend.
China at one time was thelargest buyer of US-held
treasuries.
Now they're the greatest seller.
They're dumping it.
The world is dumping the dollarand the financial networks are
not going to talk about thiswith you.
That's why I do this show.
It's going to be too late whenyou start hearing the average
(29:20):
person start talking aboutgetting into gold.
Like you know, it's going to betoo late, especially at the
supply levels that we're in, andyou know I talk about this a
lot.
But just putting the numbers up,look at the metrics.
The market cap for gold is $20trillion.
The total financial, if youfinancialize the world economies
and all the assets outside ofgold, it's about could be $900.
(29:42):
It's something like that.
It's in the high 800s at least800 trillion and gold makes up
20.
So it's not even capitalizedright.
And the same thing with Bitcoinand silver Bitcoin's at about 2
trillion and silver's at about1.5, something like that.
So a tiny fraction of what theworld economic value supposedly
(30:09):
is.
All right, I've ignored the chattoo long.
I see Billy Ray's in the chat.
Good to see you, billy Ray.
Kat Goida is in the chat.
Thanks for being here.
So if we're over on YouTube,you can find my show.
It streams over on YouTube.
You can find my show.
It streams over on YouTube.
(30:33):
One comment says the thepropaganda has become as lazy as
cinema.
It's like the script doesn'teven work anymore.
You're not even trying.
The predecessors of you knowthe people that put together the
JFK assassination, were, were,were, were very careful.
(30:55):
It was a miraculous, you knowcrime.
I mean it is.
You have to, you have to tipyour hat for the evil genius of
those.
And, and you know, nine 11 was,was on par with that.
It was a lot more sloppy.
Oklahoma City was sloppy too,but nothing is sloppy like
they've had with the last five,six years.
(31:18):
It's been absolutely insane.
They're just kind of going allout, definitely gaslighting you
and expecting you to forget.
Yeah, there's so much going onhere.
(31:40):
I'm just reading the chat here.
Guys, bear with me a second.
I want to check the Rumblestream too.
We're also on the AmericaUnplugged channel over on Rumble
.
Yes, in Texas you can use goldas legal tender.
That's just been passed.
I think they're going to take acouple of years to really get
(32:02):
that through and it will take awhile for adoption to happen.
But we got some cool news herein Texas.
I just put a lease on a bank,an old branch bank in downtown
Denison, and it's still got thesafe, it's got the drive-through
(32:25):
window, it's got the tube andeverything.
So I just signed the leaseyesterday.
It's still got the safe, it'sgot the drive-through window,
it's got the tube and everything.
So I just signed the leaseyesterday.
So Wise Wolf is going to haveand we're going to do it a
little different this time I'llmake an announcement right
before we go live on it.
But Wise Wolf is going to bethe only gold, silver, bitcoin
physical exchange in Texas thatI know of.
(32:47):
Especially I will be the onlyone with a drive-through Okay.
So we're going to work on thatand that's something that's
going to be great for Dennis and, you know, something that
Dallas doesn't have.
So I just did that yesterdayand beans and I are going to go
work on that as soon as we'redone with the transmission, so
I'll have more more for that,more on that front very soon.
I want you guys to make thatpossible.
(33:10):
If you're a member of Wolfpackand you support Wise Wolf,
either gold, silver or Bitcoin,we appreciate you.
We expand because of you.
All right, let's go.
I've got some more articles onsomething from the World Gold
(33:30):
Council I found interestingTwisted.
Communicates says Tony is thepresident of Texas.
Accept the facts.
Harp says Tony's become abanker.
No, I'm not a bankster, harp, Ibought.
I have an old branch bank.
It's a tiny little branch bank,a tiny one.
(33:50):
It's 1,400 square feet, but itstill has the drive-through.
I thought it was cool, so you'llbe able to do drive-through
gold and silver or Bitcoin.
I don't know anybody that doesthat.
I'm just making.
I'm doing innovations.
My friend, maybe the coppertariff is to hurt other nations
(34:13):
in building their AI databases?
Ai is the new space race.
It's possible, but that hurtsus because it'll make the price
because of our domestic coppermining.
It's not enough.
It's not fast enough and I'msure that this will be something
that will be dropped in someway, but it makes the futures
(34:40):
markets jump.
Let's put this up on the screen.
This was off Kitco and I'lltalk a little bit about what we
got going on at Wise Wolf heresoon.
Kitco, kitcocom Trillions innew US debt will push gold
(35:01):
prices higher even without afiscal crisis.
This is from the World GoldCouncil.
Out a fiscal crisis.
This is from the World GoldCouncil, gold prices will
benefit from soaring US deficitsand mounting fiscal instability
, even if no near-term crisisoccurs, according to analysts at
the World Gold Council.
Well, that's true, and it'sjust metrics that, even with the
(35:24):
dollar not backed by gold, that, even with the dollar not
backed by gold, it still followsthat it's the amount of M2, the
money supply buttressed withthe amount of debt, and you get
a formula that will show you therising price of gold.
With the passing of the one bigbeautiful bill, the US is
(35:48):
staring down an additional $3.4trillion in debt over the next
decade and a US $5 trillion liftto the debt ceiling unless the
Trump administration can deliveron its lofty growth forecast,
they wrote on Tuesday.
Add that to Elon Musk's launchof the America Party and a
(36:09):
political charge backdrop andthe risks, both fiscal and
political, are stacking up.
The analysts said that theseuncertainties have already
triggered a global reallocationof capital, as the weakening US
(36:31):
dollar has driven gold pricesand treasury yields higher.
At the weakening US dollar hasdriven gold prices and treasury
yields higher, pressures mount.
Bond market volatility islikely to persist, ultimately
supporting demand for gold as asafe haven asset.
Of course it is?
Of course it is.
(36:53):
I was looking just at the tweetfeed of Gold Telegraph and
that's a great account.
I have no association with it,but it's a great account for
news on precious metals and rareearth, minerals and even crypto
.
But it just shows like thecentral banks added 20 tons of
gold in May and there'scontinuing to accumulate in the
(37:20):
face of what's happening on amacro level around the world.
And it's the intersection ofhistory where you have fiat and
infinite colliding with finite,and that's why yesterday, I
think this is part of it butBitcoin had its highest day ever
, had another all-time high at112,000.
(37:45):
And that is again.
If there was no Bitcoin, goldwould be at 5,000 plus or more
right now.
Silver would certainly behigher and there's only so much
of that transfer going on rightnow, but that trend is picking
up.
That's why you see Bitcoinexpanding and that's why you see
gold and silver continuing topush higher.
(38:09):
We'll talk more about silver inthe coming weeks too.
I'm doing some analysis on that.
Just looking at the timelines,I can certainly see a lot of
things changing on the groundlevel with the physical ordering
in shops.
The physical ordering in shops.
(38:31):
The World Gold Council outlineda detailed list of the potential
impacts of this new fiscallandscape on the gold market.
First there was Liberation Day,when Donald Trump's initial
tariff announcement set offalarms and unprecedented
sell-off in US Treasuries, theynoted.
The market has barely recoveredfrom that turmoil and is now
pondering the potential impactof Trump's big, beautiful bill,
which we're going to read abouthere in a second.
(38:52):
There's a great article up onActivist Post.
The analyst said that investorsare watching to see what
impacts the spending bill willhave on asset allocation
strategies.
On asset allocation strategies.
With uncertainties everywhere,it's likely that gold will
continue to be an attractivesafe haven for investors
navigating a volatile world inwhich fiscal concerns are adding
(39:15):
to investor risk.
Well, that's the World GoldCouncil and I'm looking to
statements that have beenfloated to by the IMF lately the
Bank of InternationalSettlements, the EU and, it's
(39:38):
funny, they all agree that theprice of gold is going to go
higher if you really read intoit.
But some are alarmed by that,like the European Union is very
alarmed.
They said that gold threatensthe economic order of things
because their currencies aredying in comparison, because
their entities are dumpingcurrencies.
(40:00):
Institutions are dumpingcurrencies, not just the dollar,
it's fiat is being liquidated,folks, and that's what's
happening.
That's why there's a trendgoing into hard assets, sound
money.
That's just the place inhistory that we are, and it's
(40:22):
only just begun.
You didn't miss the boat, by theway, because, you look at, I
had this article up, but this isright off the bat.
Let me put this up too.
This is kind of in line withwhat we were talking about in
that article that brought upElon Musk, and you're going to
(40:42):
see more of this kind of stuff.
Elon Musk calls the US dollarhopeless and says his America
party will embrace Bitcoin.
Elon Musk slammed the dollar onsocial media, calling it
another fiat money hopeless.
His America party will embracecrypto.
(41:04):
He says that could set upanother area of contention with
Donald Trump, who was hispolitical ally for many months
yeah, that didn't last long, didit, but he's already done this
and a lot of the crypto peopleand Bitcoin people that were in
the Trump camp.
You know there's going to be, Ithink, some flow over to
(41:26):
whatever this is, but that'swhat happens at the end cycle of
something and like, especiallyin a fourth turning, you're
going to see, uh, I think,multiple political factions and
parties and also the, the, theold order, and I will continue
(41:49):
to say this.
I think that we've seen thehigh watermark For whatever MAGA
was, and we'll get you.
I see Billy listening off.
He's in the in the green roomhere on the stream.
I love to get his take on thatsometime.
Maybe we'll talk about it onAmerica Unplugged.
I definitely think that we'rewatching something.
(42:10):
The midterms are coming.
Trump is scrambling to replacejerome powell at the federal
reserve.
So they can.
What do they remember what wetalked about?
Why is trump mad at powell?
It's because powell won't lowerinterest rates, because powell
sees the, and rightly so.
(42:31):
If you did that, it willtrigger further inflation, which
will continue the demise andthe weakening of the US dollar
In a long enough timeline.
That thing's going away right.
The dollar hegemony, whateveryou want to call it, that
leverage that the globalistshave in the American empire and
(42:57):
those who are the stewards ofthat fiat currency don't
necessarily want it to die thatfast and that would accelerate
it, but it'd be good short-termpolitically.
So you're going to be fightingthat.
You'll see that.
That fight will start coming upin December and going into next
year and they'll rapidly startlooking for somebody to replace
(43:18):
Powell, and it's interestingthat you can't replace him.
Now, right, it's interestingthat the chief executive of the
United States doesn't have theauthority to replace the head of
the Federal Reserve, which issupposed to be the Federal
Reserve, isn't it?
But it's not federal, it's aprivate banking consortium.
The Federal Reserve, isn't it,but it's not federal, it's a
private banking consortium.
But you never really get to seethose headlines or any breakdown
(43:39):
of that logic with themainstream.
All right, all right.
Last article of the day I foundthis over on Activist Post,
great piece.
But we talk about the bigbeautiful bill.
That's another thing that it'salmost like there's so much
(44:05):
We'll get into that too.
It's so massive.
And the grift in this thing andthe bloatedness of it.
And you got to wonder, likethese kinds of headlines with
what is the Epstein, what?
What is that?
The non, the non-disclosure,disclosure, telling you what it
(44:28):
is without telling you what itis.
What does that mean for theseheadlines?
Is that what this was put outthere for?
Perhaps to cover up some ofthis stuff?
This is Activist Post.
This is the big beautiful billin America's real welfare queens
(44:48):
.
And again, my friend CharlieRobinson, you got to visit
Activist Post.
And again my friend CharlieRobinson, you've got to visit
Activist Post.
It's a great news aggregator,some great articles over here.
It's by Matt Smith, doug Caseyhe says stupid me.
(45:09):
I started reading the billrecently passed by Congress.
I just started reading therecently passed bill endorsed by
Trump at 829, pages 829.
It promises a differentgovernment than we had with
Biden.
Many of his pet policies areeliminated, but the new
government it promises is bigger, more wracked with debt and
(45:30):
even more oriented to what you'dexpect in a war economy.
But some context first.
The Big, beautiful Bill startsoff promisingly enough.
Early provisions cut $30billion from the Supplemental
Nutrition Assistance Program,snap, over 10 years.
It implements stricter workrequirements for adults age 50
(45:52):
to 54 without dependents.
For instance, some adults whoclaim disability aren't
classified as totally andpermanently disabled now and
they have to return to work tocontinue to receive benefits.
So far, so good.
The bill also eliminatesMedicaid eligibility for
undocumented immigrants andtightens verification
requirements, which the CongressBudget Office, the CBO,
(46:16):
estimates will reduce Medicaidrolls by over 3 million people,
mostly recent immigrants ornon-citizens.
In parallel, states areincentivized to be more
aggressively purge enrollmentfor technical noncompliance like
missed paperwork.
Additionally, the bill imposeslimits on eligibility and
funding for the earned incometax credit, removing or reducing
(46:40):
benefits for many part-timeworkers.
The justification America isbroke, we're told.
We can't afford to fundable-bodied people living on
government handouts.
Who can argue with that?
He says.
Now it's the big, beautifulcontradiction.
And then I got to page 28.
Here the bill dramaticallyboosts farm subsidies, including
(47:06):
many that are completelyuntethered from actual
production.
It's a contradiction so bad italmost escapes notice.
It's a contradiction so bad italmost escapes notice.
The government cracked down onwhat conservatives once called
welfare queens, then handedbillions to the real welfare
aristocracy in America,politically protected farmers,
(47:30):
especially huge agribusiness.
For all the cultural emphasison rugged independence in rural
America, farming is, after all,one of the most heavily
subsidized sectors in the USeconomy.
The vast majority of thesesubsidies go to producers of
just a handful of crops corn,soybeans, wheat, cotton, rice,
peanuts, sorghum and barley.
(47:51):
These are the so-called programcrops that are eligible for the
most Title I commoditysubsidies.
Notably excluded are mostfruits, vegetables and nuts,
referred to as specialty crops.
These crops receive minimalfederal support and are often
(48:12):
subject to planting restrictionsif a farmer wishes to receive
Title I subsidies.
No wonder America is the landof monocrops.
So the policy choices madedecades ago and reinforced every
farm bill cycle continue todictate what gets grown in
America and what doesn't.
The result is a federal foodpolicy that supports
(48:35):
calorie-dense, commodity-basedagriculture over nutrient-rich,
diversified farming.
This is someone who grew up infarm country.
Government farm policies thatamount to welfare have always
bothered me.
Farmers are somehow a group youcannot criticize.
Meanwhile, our farm policiescrush small farmers and deliver
(48:56):
lavish welfare benefits to thebig boys.
Well, that's what we do.
We have socialism for the richand free enterprise for the poor
.
Price loss covers welfare byanother name.
(49:18):
The way these programs arecalculated isn't just
complicated, it's complicated onpurpose.
The more arcane the math, theeasier it is for congress to
disguise who's getting paid andhow much.
The big beautiful bill raisesthe statutory floor from $3.70
to $4.10.
A bushel then sweetens the mass, so payouts climb even higher.
(49:41):
This really started under FDR,and they'd pay you not to grow,
cops.
They would pay not to growTrying to do price controls by
other means.
Here's how it works.
(50:01):
The US Department ofAgriculture, the USDA, takes the
last five years of corn prices,drops the highest and lowest
and then sets the referenceprice at 88%.
On that average, that figurebecomes the effective reference
price, unless it exceeds 113% ofthe statutory floor.
Well, don't you lovecentralized control?
(50:22):
It says yes, you read it right.
Plc payments are based onhistorical planting data, not
current production.
These base acres wereoriginally calculated using
planting history from 1991 to1995, and in some cases, were
(50:43):
updated in later farm bills,like 2002 or 2014, to reflect
more recent trends, but theystill are mostly based on data
that's decades old.
Beyond PL, the welfare gravytrain.
(51:05):
In addition to direct supporttied to real and hypothetical
production and price guarantees,some of the largest subsidy
recipients, particularly inspecialty crop regions like
California, benefit fromconservation and water
infrastructure programs.
For example, the Resnick'sBillionaires, owners of the
(51:28):
Wonderful Company, have longbenefited from federally
supported water projects inCalifornia's Central Valley.
Benefit from federallysupported water projects in
California's Central Valley,though not always listed under
farm subsidies.
These water programs enableotherwise unsustainable farming
in arid regions by deliveringsubsidized acres of water.
What's funny about this article,too, is he continues to list
(51:51):
all subsidies and he gets downand he just tells you hold on,
I'll get there in a second.
This is again he said I'm onpage 28.
And we'll get to the end herein a second In fiscal year 2023,
.
Federal crops insurancesubsidies cost $12.5 billion.
(52:12):
Insurance subsidies cost $12.5billion and it is, you know, the
historical relevance of theFarm Bill.
That was one of the ways thatthey showed that Ronald Reagan
(52:34):
was still alive when he was shotby John Hinckley in 1981.
They had him sign the farm bill.
Well, he didn't actually signit.
He had Nancy helping him.
I mean, it was like he wasunder anesthesia and everything.
Just sign the farm bill.
It'll show that you're stillcognizant.
Show that you're stillcognizant.
(52:58):
There's increases in the new.
I grew up hearing farmerscomplain about the weather.
With subsidies like this, whocares?
With guaranteed income from thegovernment, farmers have little
to fear about from bad weatherand no market incentive to
diversify or innovate incentiveto diversify or innovate.
The new bill significantlyboosts support, raises reference
(53:23):
prices for key crops like cornand soybeans.
Increases the effectivereference price multiplier from
85% to 88%.
Expands cost sharing of cropinsurance premiums.
Adds new payments for poultryinsurance.
Increases ARC and PLC capsslightly.
He's really.
This is again.
(53:44):
He just dug into the part ofthe bill that's for the bloating
up the farm subsidies.
These programs are deeplyentrenched, he says Americans
like farmers.
I do too.
Pointing out this longstandinggrift is akin to criticizing
(54:07):
firemen, but let's face it thesystem is broken and this bill
makes it even worse.
While the average farmerparticipates in the grift when
he can, the big beneficiariesare large landowners and
agribusiness, not small familyfarms.
According to USDA data, the top10% of subsidy recipients
(54:34):
collect more than 70% of thepayments.
He says so what's next in theBBB?
So now I'm on page 40 of thisbig, beautiful bill only 789
pages to go.
Scanning ahead, it looks likeit gets way worse from here.
The policies most most agreewith are usually front loaded in
the text of the bill.
Is it even worth continuing on?
(54:55):
It's a lot of brain damage toread through these bills.
So if you want me to continueto break down what I see, let me
know.
That's Matt Smith over atCrisis Investing.
He made it Only 789 pages to go.
(55:15):
Well, that's the big, beautifulbill, ladies and gents, all
right.
Well, I want to get into somepricing.
We'll call out spot pricesbefore we go, and I wanted to
(55:39):
mention I didn't get to talklast week.
I tried twice, by the way, butI wanted to tell you.
I've been giving it some thoughtand I want to bring back one of
my sponsors that I've neglectedto plug.
I've been with them for 23years but in in light of
everything that's happening inthe culture and um, it's just a
(56:02):
good program for everybody tocheck out and that's with legal
shield.
That's, uh,peoplesprotectionplancom.
Like I've been with them for 23years, I highly recommend
recommend it if you are in needof audited for your federal
income tax and you get movingviolations are taken care of
(56:39):
with your vehicles, all of that.
They'll review documents,everything that's done.
For less than a cup of coffee aday, you go to
peoplesprotectionplancom and getyourself a plan.
I've had one since I was 22.
I've never been without it.
Haven't been one month withoutit for all those years and I've
used it extensively.
(57:00):
I highly recommend it.
Anybody listening to me youshould definitely check it out.
I will bring that up again.
I've neglected to do that andI'm going to be talking to some
of my other hosts about it aswell.
All right, let's uh, let's dospot prices really quick.
Pull that up.
Today gold is at 3317luciferian bankster notes per
(57:26):
troy ounce.
3317 federal fiat reserve notesper troy ounce of the yellow
metal.
Uh, silver is up since the timeof this broadcast.
Uh, 36.79 a troy ounce for thewhite metal uh, totally
undervalued, I think both thesemetals are, but especially
(57:48):
silver that is extremely cheapgiven the global economic
strength of currency versusmetal and what silver actually
represents.
So that is gold and silver.
Lbns make up one Bitcoin, andremember there are 22 million
(58:25):
millionaires in the US andthere's only 16 million
available Bitcoin.
So not even every millionairecould own one Bitcoin in the US.
Bitcoin is very scarce.
That's why its price is doingwhat it's doing right now and
again in comparison to what'shappening with the rest of the
world in the fiat system.
(58:47):
So do your homework and checkout some of these things, some
of these articles that I'vethrown out to you, and do your
own thinking, because we'redefinitely in a time when you've
got to think for yourself andthe political system should show
you that Don't let other peopledo your thinking for you.
You'll pay a dear price.
(59:07):
So I appreciate each and everyone of you.
Thanks for being here.
I will be up on AmericaUnplugged Saturdays.
Join me and Billy Ray Valentineand the legendary Don Jeffries
every Saturday, 11 am CentralTime, 12 Eastern for America
Unplugged.
Always a great conversation andmore announcements from Wise
(59:28):
Wolf coming soon.
If you go to Wolfpackgold, ifyou've been a member of Wolfpack
and you want to come back, wehave a promo code backpack and
it gets you free silver, sodon't miss out.
Okay, backpack is the code andwe've got all sorts of new
programs coming out.
I'm working with Yeka to getsome gold backs on there
(59:50):
permanently, but we are workingaround the clock to get product
too.
So it's interesting times.
Join us if you can.
All right, we'll be back nextweek from Beans the Brave and
myself.
You guys take care of eachother.
End of transmission.
We have before us the opportunity to forge, for
ourselves and for futuregenerations, a new world order.
Good evening folks.
You're listening to the Hour ofthe Time.
I'm William Cooper.
The chair is against the wall.
The chair is against the wall.
John has a long mustache.
(00:25):
John has a long mustache.
It's 12 o'clock, americans,another day closer to victory.
And for all of you out there onor behind the lines, this is
your song Time, weather andhighway.
Veteran of three foreign wars,entrepreneur and warrior, poet,
(00:47):
tony Arterburn takes on theissues facing our country,
civilization and planet.
This is the Arterburn RadioTransmission.
Thank you so.
Speaker 2 (01:50):
The chair is certainly against the wall.
Ladies and gentlemen, this isthe Arterburn Radio Transmission
and I am your host.
I'm broadcasting from deepwithin the heart of Texas.
I've got Beans the Brave on mylap.
I don't know if she'll stay forthe entire transmission, but a
rare treat.
Well, the last couple of weeksnothing's happened right.
Did I miss anything?
(02:10):
I tried going live twice lastweek and was well, you don't
want to chalk it up toconspiracy, but gosh, it sure
looks like the way.
I couldn't use my internet forthe exact time in Branson that I
needed to go live, and no othertime was it out.
But anyway, we soldiered on andI'm back in Texas marveling at
(02:32):
the headlines, you know,wondering why it took so long
for this political machine toshow its true self.
Political machine to show itstrue self, and it gives me no
pleasure.
It actually makes me sad in away.
I was talking to Travis Knightthis morning on the David Knight
(02:54):
Show and I'm thinking about theEpstein case and the files that
you'll never see and theinvestigation that will never be
and the people that should bebrought to justice that never
will be and what it actuallymeans.
There's a great article on ZeroHedge.
That we'll get to.
But just from my personal life,I remember my first year in San
(03:18):
Antonio working Wise wolf.
At our first location andbehind the shop was some really
affluent homes.
It was a mixed neighborhood.
I mean, I lived in an apartment, I could usually walk there,
but my shop had a mixeddemographic.
And one day, right afterEpstein Jeffrey Epstein, after
(03:43):
Jeffrey Epstein didn't killhimself when he was murdered in
prison this lady came in a veryaffluent-looking, very beautiful
older woman.
She was probably in her late60s at the time.
She had this big bag of reallyexquisite jewelry and I was
going through it.
(04:03):
I bought some from her.
We talked for hours because Iwas assaying things and going
through and giving her a bid.
I'll never forget this story.
And she's looking up thetelevision with Fox News
business streaming across it andshe says you know, I was
neighbors.
I was a next door neighbor toJeffrey Epstein when I lived in
(04:25):
New York City and she said thisis back in the 80s and she's
like he was a very strange manbut very, very polite.
And then she goes you know, doyou want to know something
really weird?
She said when I went into hishome several times, but one time
when I went in, I saw hiscloset and it had strangely
(04:47):
enough it had the same outfitover and over again stacked next
to each other, and that alwaysstuck with me, because a lot of
what you see, these arecharacters that are being played
and whenever this happens,whenever Epstein gets brought up
again because I covered so muchof it you remember the days of
(05:08):
Trust, the Plan and things fromRoger Stone about what you know
Trump's revelations aboutkicking Epstein out of
Mar-a-Lago because he was handsyor whatever it was you get all
this.
It's this political buffoonery,back and forth and really what
Epstein is is a character.
(05:29):
He played a part.
He was completely constructedout of thin air, much like Obama
was, or Timothy McVeigh, forthat matter.
He existed.
He may still exist.
He existed, he may still exist.
He existed, but he wasconstructed.
He was made Interesting.
(05:50):
You know tidbits of informationthat it the attorney general of
the United States at the time ofEpstein's second arrest, when
you know, after he was housearrested in Florida and then
slapped on the wrist and nothinghappened, but leading up to his
demise was Bill Barr.
(06:10):
And of course, bill Barr wasthe attorney general for George
HW Bush.
Back in the early 90s, ciaconnected and represented Lon
Haruchi, who was the sniper thatshot Vicki Weaver in the head
while she was holding her infantchild at Ruby Ridge.
Like he's a real piece of work.
He's an insider's insider.
(06:32):
Well, he was the attorneygeneral when Epstein was
arrested and his father was theperson who first gave Jeffrey
Epstein a job to work with kids,the person who first gave
Jeffrey Epstein a job to workwith kids.
And you know it's funny becauseI remember David Knight
(06:52):
bringing this up, and this ishow weird the life can get
Epstein-Barr is what you call acommon cold, a rhinovirus, which
is coronavirus.
It's kind of weird, isn't it?
And that's like the dead manswitch or whatever it was, with
Epstein and the murder of thisagent of Mossad or whatever he
(07:18):
was.
We just definitely know thatGhislaine Maxwell was convicted
of trafficking children to noone, and if this doesn't wake
you up from how dead, dead endthe political game is, I don't
know what.
Will you have other concerns?
They cover up bigger things.
(07:38):
Honestly, there's probably somuch going on that we're not
focusing on.
I know that it's in themacroeconomics we'll talk a
little bit about today.
That's certainly bigger picture, more important.
But this is a glaring exampleof why the left-right paradigm
is a dead end and unfortunately,I think this has been a high
(07:59):
watermark.
Not only in the last 30 dayswe've seen epical events in
politics.
It's the high-water mark fornot only the Israeli lobby, with
the interview of Ted Cruz byTucker Carlson, which was genius
.
They don't have the influencethat they used to.
(08:20):
Thank God, it's waning, whichis good for our country, it's
good for world peace, it's goodfor peace in general.
It's just good for the rightthing.
But the second high watermarkwas MAGA, and MAGA is going to
be fractured at this point.
It's hobbled and it won't makeit out of this.
It's too much.
And you have whatever they'reread into with Epstein and you
(08:45):
know it's so connected.
I mean, you guys know that theZorro Trust, which Epstein
controlled, and the Zorro Ranchout in New Mexico, where it's
surrounded by state land, whereyou can't even access it, like
you can't buy land, like thislittle plot of land is his,
owned by this trust and theywere doing genetic experiments.
(09:06):
Where did he get his money?
This is how the elite of theelite traffic.
He's just the front man, he'sjust the bag man.
And the Zorro Trust won thelottery.
Did you know that?
It won like $29 million?
So what are the mathematicalchances or is that some sort
of—he won the Oklahoma lotteryfolks the Zorro trusted?
(09:27):
I confirmed it before I went onair and you can go look it up
for yourself.
This is an interconnected thingwhere if you go in and dump this
list out and you really diginto the files, what you're
going to find is that the centerof power conducts these
blackmail operations and ringsfor its own self.
(09:48):
They break the law.
Not only that, I mean, theytraffic an evil, and it's not
just oh, if you turn ontraditional brain-dead
conservative talk radio, they'llgive you this idea that if we
(10:09):
just get enough Republicans inno, this transcends parties.
That's why they're not going torelease the list.
They never were.
I don't know why they ramped itup so big.
It might have been to flushsome things out, but they never
intended to.
Actually, they gave some weirdoinfluencers some documents to
do something with.
(10:29):
What was that about?
And it was like strategicallyplaced for them to carry out
whatever that was to to showthat they were doing something.
I think that the pressure was onand we're going to get into
this article here in a second.
Then I want to talk about somemacroeconomic issues.
(10:49):
The BRICS nations are meetingGreat article on natural news
I'll get into and I'll get tothe chat today here as well.
Let me pull this article upfrom Zero Hedge, but it's
interesting.
This is all out in the open now.
I'd wondered how long it wasgoing to take for nothing to
(11:10):
happen.
That's where we are, though,folks, unfortunately here.
Let me put this up.
This is Zero Hedge.
It's a good piece, it says.
Investigative journalistexplains why Epstein case will
never progress.
This is authored by SteveWatson.
Via modernitynews, journalistNick Bryant notes in his viral
(11:36):
clip from the Sean Ryan podcastthat the Jeffrey Epstein case is
being covered up by the federalgovernment and will never
progress because it woulddestroy their entire operational
system.
That sounds like me.
Epstein had cameras in all ofhis homes.
Epstein was definitely ablackmail artist.
Brian knows the governmentwants to make sure that it does
(11:59):
not come out.
A huge part of our politicalsystem is predicated on
blackmail.
He adds Well, not only that,but do you realize what you
would need to pull off a 9-11?
Well, you would need an Epstein.
You would need this Greatexample is the way that modern
(12:23):
politics works is somebody likeDenny Hassert, who was speaker
of the House longest servingRepublican speaker of the House
was the one that was.
He preceded Newt Gingrich Actthis post-9-11, shoved all that
(12:47):
stuff through.
Now he was a pedophile and hadbeen paying people off, paying
the boys off that grew up, thathe was a wrestling coach,
whatever he was, and they usedthe Patriot Act to arrest him
because of the way that he waspulling money out of his account
.
But that's the type of peoplethey get recruited, folks they
use blackmail.
It's absolutely predicated onblackmail.
(13:08):
It's coercion.
You wonder why?
Why I wouldn't do that.
I wouldn't vote that way.
You know I wouldn't.
I would stand up for what?
Yes, you would.
You would never make it thereand some people do that are good
.
I've known people that havemade, but it's not the majority.
If you want to have the realseats of power, then they've got
(13:32):
to hold something over you.
It says if that dark, malignantcorner of the intelligence
that's using blackmail againstour politicians and or other
people, if they were usingchildren, that would make the
American people erupt, hecontinues for that dark corner
of intelligence, this is OmahaBeach.
They're not going to give aninch Well, that dark corner of
(13:56):
intelligence.
If you know anything aboutOperation Midnight Climax or
MKUltra or Operation Chaos orCointelpro, if you know anything
about those things operationsin the 1960s they'll go to great
lengths.
I mean, just look at the Mansonfamily folks.
(14:21):
The Manson family folks, lookat the CIA's involvement, all
(14:45):
the perpetrators and all theprocurers involved in the
Epstein network.
No one's been indicted exceptfor Ghislaine Maxwell.
That really shows that ourgovernment unfortunately wants
to stop it there.
Why is our government aiding,abetting child trafficking,
unless they're protecting somevery powerful people and a
(15:07):
political process, brian Posits,that's why the only way this
makes sense.
Attorney General Pam Bondiresponded very tersely to a
reporter's question about theEpstein case Tuesday, which
(15:31):
Trump clearly disgusted that itwas still being brought up.
But the gaslighting that wenton.
It truly is astounding.
Former CIA officer on Epsteinwhitewashedwash.
I just don't buy it.
Trump vowed to providetransparency on the case, yet
(15:52):
the doj is pulling up, puttingup a brick wall, prompting many
of his supporters to call it outas unacceptable.
Many have found themselvesreluctantly having to agree with
the likes of trump hater sinkugar andur and CNN propagandist
Jake Tapper.
Well, that's how bad it got.
(16:16):
This is not a partisan issue.
This is the foundation of howthe deep state and how the state
plays.
I mean, it's no longer evenhidden anymore.
They just throw it in your faceand gaslight you and you're
(16:36):
supposed to just digest this,accept it.
I think more will come of this,but not much.
Again, this is from the highestlevels and there'll be pushes
(16:58):
to disclose some of these poststhat I'm seeing here and even
some journalists, but I thinkmost likely it'll end here.
The great work from independent, you know, alternative media,
citizen journalists have gone onfor years and done some great
(17:19):
research on this.
That's how I know about zorroranch and you know epstein
winning the lottery yeah, that'sthat's how I know.
That's why you know about it.
But we'll never get disclosurefrom the government.
That's how they run things andprobably this is very healthy.
(17:39):
If you look at you know,sometimes you have to sober up
and our political discourse hasreally gone off the rails and
it's hijacked.
It is almost cult-like and themoney that I've missed out on of
(18:09):
MAGA have made it unacceptableto even associate with it.
Because of things like this, Icannot back this.
It's one of the reasons I threwup my hands and I would not
understand.
You know what was that?
We're doing this again and wedid it again and we got to the
like Sisyphus, you know theGreek legend.
(18:33):
We rolled the rock up the hilland just have it roll back on us
for eternity.
So we continue to do that.
We rolled the rock up the hilland, as conservatives and people
that, and traditionalists andpeople that love the
constitution, I still believe inthe country.
The issue is is what does thissay about our politics?
And it shows it to be hollowand really it's an IQ test at
(18:57):
this point, isn't it, folks?
Speaker 1 (19:01):
All right.
Speaker 2 (19:03):
Well, I'm going to jump over into some other.
We'll go into some financialstuff If I have time.
I want to read some headlinesoff.
There's still stuff going onforeign policy-wise.
I definitely want to get intosome of the headlines on
anti-war.
I've got Beans the Brave withme today.
She's decided to stay on my lapfor this show.
(19:26):
Definitely glad she's here.
I mean she wanted to get down.
It's like, okay, girl, allright, let's see, you'll click
around for a little bit.
Let's jump over into thisarticle up on Natural News and
then I'll take us to the chat.
It's definitely good to be back, guys.
(19:47):
All right, let's get on naturalnews.
And this is what's really goingon.
Okay, brics nations forgefinancial independence as Russia
accelerates globalde-dollarization movement.
This is the stuff to payattention to.
(20:10):
The global financial order isundergoing a seismic shift and
the BRICS alliance, comprisingBrazil, russia, india, china,
south Africa and now expanded toinclude Egypt, ethiopia, iran
and the UAE, is leading thecharge.
With mounting distrust in theUS dollar's dominance and
(20:30):
growing resentment towardsWestern financial weaponization,
brics nations are aggressivelypursuing alternatives that
sideline the dollar and shieldmember economies from
Washington's coercive sanctions.
Well, that's right.
We have 40-plus sanctions on 36different countries.
Folks, the dollar has beenweaponized.
(20:51):
As a matter of fact, today a50% tariff went into effect on
copper for just about everythingthat has machine parts and
electric lines and tubeeverything you need.
Copper is the glue ofcivilization and we just slapped
(21:15):
a 50% tariff by the way, I'm atariff guy.
I just don't understandwhatever this is.
And the world's retaliating.
And the BRICS nations?
I've got some articles there.
They're moving away Again.
This is what highlights in thisarticle Moving away from dollar
dominance, de-dollarizing andtrading amongst themselves.
(21:41):
As Russian Finance MinisterAntov Selenev declared to RT,
national currencies offer BRICSnations a lifeline, a system
unshackled from Westernmanipulation and capable of
resisting political pressure.
The timing is no coincidenceWith US sanctions freezing
Russia's foreign reserves andrestricting swift access, moscow
(22:03):
has accelerated efforts todismantle the dollar's supremacy
, reinforcing alliances thatthreaten the bedrock of Western
financial control.
Yeah, just reading today, justgoing over the metrics for BRICS
Now, with these other nationsthat have been added to the
(22:29):
docket, 50% of the world'spopulation now makes up the
BRICS nation.
It's 50%, more than 50% and 40%of the world's gross domestic
product.
Folks.
A very powerful alliance thatis being made right now.
That's key points.
Brics is rapidly advancingde-dollarization, with Russia
(22:51):
pushing for trade settlementsand national currencies rather
than the US dollar.
Another aspect of that is goldand Bitcoin.
As you see, more and more, goldbecomes the world's reserve
currency and it's quiet, butthat's what's happening.
They're using and will use, Ithink, electronic means.
(23:12):
They're not going to create aunified currency to compete
against the dollar.
They're using cross-borderpayment systems and gold and
could be using things likeBitcoin and stable coins.
The new development bank, ndp,brics Financial Institution, is
crafting sanctions-proofmechanisms to bypass Western
(23:33):
financial infrastructure.
And this is not just aboutbypassing the sanctions, folks.
This is, and it's not just thatwe won't get our hands on or
won't be able to affect or applypressure or project power.
It's going to hurt usfinancially, hurt the United
States, the ability for thepolitical class, the parasite
(23:57):
class, to print unlimitedamounts of US dollars because we
can go willy-nilly around theworld and do whatever we want
because we're the Americanempire.
Those days are coming to an end.
Nearly 90% of Russia-Chinatrade $227 billion in 2023, is
now settled in rubles and yuan.
(24:17):
A stark rejection of dollardependency 90% of Russia-China
trade is now settled in rublesand yuan.
China is accelerating itsdivestment from US treasuries,
dumping $53.3 billion in Q1 2024, while bolstering gold reserves
as a hedge against dollarinstability.
(24:38):
Over 50 countries haveexpressed interest in joining
BRICS, signaling a growingrevolt against Western financial
hegemony growing revolt againstWestern financial hegemony.
Since the West froze 300billion of Russia's foreign
reserves in 2022, moscow haspivoted decisively towards
(25:00):
self-reliance.
Selenianoff emphasized on RTthat transactions proceed
through direct bank links,bypassing SWIFT, and dollar
clearinghouses ensurereliability and independence
from western lendinginstitutions.
Well, this goes back to what Icovered in 2022, when the
russian finance minister said uh, that dollars were candy
(25:21):
wrappers and if you look intothe russian dialect, it's like
toilet paper, like they don'tuse them, they don't want them,
and they started using theirrich energy and crude oil
reserves and started trading incrude oil and gold, and the
ruble bounced back.
Even after the sanctions,bricks pay and the death of
(25:44):
dollar diplomacy, beyond goldand local currencies, brics is
constructing a parallelfinancial architecture.
Discussions around ablockchain-based BRICS pay
system enabling CBDCs centralbank digital currencies for
cross-border trade could crippleWashington's ability to enforce
(26:05):
sanctions via dollar leverage.
Of course they will do this andI'm not, by the way, I'm not
cheering this on, but this isbrought on by the ruling class
(26:26):
and, as Gore Vidal said, it'snot a conspiracy.
If they all think alike, theseare the same schools.
They all go to the samecocktail parties.
They're the same people andthey've put us in this collision
course with the rest of theworld because of our bullying,
(26:51):
bullying.
This is why the West can'tignore the rebellion.
The dollar supremacy rests onthe petrodynamics and military
might, but BRICS is untethering.
Both Saudi Arabia, long thelinchpin of the petrodollar
recycling, now accepts yuan foroil.
That's another thing.
We lost the petrodollar,remember.
Meanwhile, nato's Ukraine gamutbackfired.
Russia's ruble, once deemedworthless by the West, has
(27:14):
stabilized through BRICS tradechannels.
Washington's response bullyingChinese banks to cut Russian
ties only fuels a revolt.
And remember it wasn't thatlong ago, maybe a year or so,
that Xi Jinping and Putin met,had a little summit and Xi
(27:38):
Jinping, before he left, turnedto and made sure that everybody
could hear.
But he turned and he facedVladimir Putin and said we are
here to witness the greatestchange in the last hundred years
.
And what he's talking about isthe demise of the current
financial, political, economicworld order structure.
(28:04):
The question isn't whetherde-dollarization will happen,
but how fast.
With 30-plus nations eyeingBRICS membership, the alliance
expansion mirrors the fall ofthe gold standard.
The West's financial dominance,like its military-industrial
complex, faces an existentialthreat, one built not in
Brussels or DC, but in thevaults of Moscow and Beijing.
(28:27):
Not in Brussels or DC, but inthe vaults of Moscow and Beijing
.
That's exactly right.
We're being out.
This is being a maneuver to getaway from the West's financial
systems, to leave us behind andto de-dollarize.
(28:50):
That is the trend.
China at one time was thelargest buyer of US-held
treasuries.
Now they're the greatest seller.
They're dumping it.
The world is dumping the dollarand the financial networks are
not going to talk about thiswith you.
That's why I do this show.
It's going to be too late whenyou start hearing the average
(29:20):
person start talking aboutgetting into gold.
Like you know, it's going to betoo late, especially at the
supply levels that we're in, andyou know I talk about this a
lot.
But just putting the numbers up,look at the metrics.
The market cap for gold is $20trillion.
The total financial, if youfinancialize the world economies
and all the assets outside ofgold, it's about could be $900.
(29:42):
It's something like that.
It's in the high 800s at least800 trillion and gold makes up
20.
So it's not even capitalizedright.
And the same thing with Bitcoinand silver Bitcoin's at about 2
trillion and silver's at about1.5, something like that.
So a tiny fraction of what theworld economic value supposedly
(30:09):
is.
All right, I've ignored the chattoo long.
I see Billy Ray's in the chat.
Good to see you, billy Ray.
Kat Goida is in the chat.
Thanks for being here.
So if we're over on YouTube,you can find my show.
It streams over on YouTube.
You can find my show.
It streams over on YouTube.
(30:33):
One comment says the thepropaganda has become as lazy as
cinema.
It's like the script doesn'teven work anymore.
You're not even trying.
The predecessors of you knowthe people that put together the
JFK assassination, were, were,were, were very careful.
(30:55):
It was a miraculous, you knowcrime.
I mean it is.
You have to, you have to tipyour hat for the evil genius of
those.
And, and you know, nine 11 was,was on par with that.
It was a lot more sloppy.
Oklahoma City was sloppy too,but nothing is sloppy like
they've had with the last five,six years.
(31:18):
It's been absolutely insane.
They're just kind of going allout, definitely gaslighting you
and expecting you to forget.
Yeah, there's so much going onhere.
(31:40):
I'm just reading the chat here.
Guys, bear with me a second.
I want to check the Rumblestream too.
We're also on the AmericaUnplugged channel over on Rumble
.
Yes, in Texas you can use goldas legal tender.
That's just been passed.
I think they're going to take acouple of years to really get
(32:02):
that through and it will take awhile for adoption to happen.
But we got some cool news herein Texas.
I just put a lease on a bank,an old branch bank in downtown
Denison, and it's still got thesafe, it's got the drive-through
(32:25):
window, it's got the tube andeverything.
So I just signed the leaseyesterday.
It's still got the safe, it'sgot the drive-through window,
it's got the tube and everything.
So I just signed the leaseyesterday.
So Wise Wolf is going to haveand we're going to do it a
little different this time I'llmake an announcement right
before we go live on it.
But Wise Wolf is going to bethe only gold, silver, bitcoin
physical exchange in Texas thatI know of.
(32:47):
Especially I will be the onlyone with a drive-through Okay.
So we're going to work on thatand that's something that's
going to be great for Dennis and, you know, something that
Dallas doesn't have.
So I just did that yesterdayand beans and I are going to go
work on that as soon as we'redone with the transmission, so
I'll have more more for that,more on that front very soon.
I want you guys to make thatpossible.
(33:10):
If you're a member of Wolfpackand you support Wise Wolf,
either gold, silver or Bitcoin,we appreciate you.
We expand because of you.
All right, let's go.
I've got some more articles onsomething from the World Gold
(33:30):
Council I found interestingTwisted.
Communicates says Tony is thepresident of Texas.
Accept the facts.
Harp says Tony's become abanker.
No, I'm not a bankster, harp, Ibought.
I have an old branch bank.
It's a tiny little branch bank,a tiny one.
(33:50):
It's 1,400 square feet, but itstill has the drive-through.
I thought it was cool, so you'llbe able to do drive-through
gold and silver or Bitcoin.
I don't know anybody that doesthat.
I'm just making.
I'm doing innovations.
My friend, maybe the coppertariff is to hurt other nations
(34:13):
in building their AI databases?
Ai is the new space race.
It's possible, but that hurtsus because it'll make the price
because of our domestic coppermining.
It's not enough.
It's not fast enough and I'msure that this will be something
that will be dropped in someway, but it makes the futures
(34:40):
markets jump.
Let's put this up on the screen.
This was off Kitco and I'lltalk a little bit about what we
got going on at Wise Wolf heresoon.
Kitco, kitcocom Trillions innew US debt will push gold
(35:01):
prices higher even without afiscal crisis.
This is from the World GoldCouncil.
Out a fiscal crisis.
This is from the World GoldCouncil, gold prices will
benefit from soaring US deficitsand mounting fiscal instability
, even if no near-term crisisoccurs, according to analysts at
the World Gold Council.
Well, that's true, and it'sjust metrics that, even with the
(35:24):
dollar not backed by gold, that, even with the dollar not
backed by gold, it still followsthat it's the amount of M2, the
money supply buttressed withthe amount of debt, and you get
a formula that will show you therising price of gold.
With the passing of the one bigbeautiful bill, the US is
(35:48):
staring down an additional $3.4trillion in debt over the next
decade and a US $5 trillion liftto the debt ceiling unless the
Trump administration can deliveron its lofty growth forecast,
they wrote on Tuesday.
Add that to Elon Musk's launchof the America Party and a
(36:09):
political charge backdrop andthe risks, both fiscal and
political, are stacking up.
The analysts said that theseuncertainties have already
triggered a global reallocationof capital, as the weakening US
(36:31):
dollar has driven gold pricesand treasury yields higher.
At the weakening US dollar hasdriven gold prices and treasury
yields higher, pressures mount.
Bond market volatility islikely to persist, ultimately
supporting demand for gold as asafe haven asset.
Of course it is?
Of course it is.
(36:53):
I was looking just at the tweetfeed of Gold Telegraph and
that's a great account.
I have no association with it,but it's a great account for
news on precious metals and rareearth, minerals and even crypto
.
But it just shows like thecentral banks added 20 tons of
gold in May and there'scontinuing to accumulate in the
(37:20):
face of what's happening on amacro level around the world.
And it's the intersection ofhistory where you have fiat and
infinite colliding with finite,and that's why yesterday, I
think this is part of it butBitcoin had its highest day ever
, had another all-time high at112,000.
(37:45):
And that is again.
If there was no Bitcoin, goldwould be at 5,000 plus or more
right now.
Silver would certainly behigher and there's only so much
of that transfer going on rightnow, but that trend is picking
up.
That's why you see Bitcoinexpanding and that's why you see
gold and silver continuing topush higher.
(38:09):
We'll talk more about silver inthe coming weeks too.
I'm doing some analysis on that.
Just looking at the timelines,I can certainly see a lot of
things changing on the groundlevel with the physical ordering
in shops.
The physical ordering in shops.
(38:31):
The World Gold Council outlineda detailed list of the potential
impacts of this new fiscallandscape on the gold market.
First there was Liberation Day,when Donald Trump's initial
tariff announcement set offalarms and unprecedented
sell-off in US Treasuries, theynoted.
The market has barely recoveredfrom that turmoil and is now
pondering the potential impactof Trump's big, beautiful bill,
which we're going to read abouthere in a second.
(38:52):
There's a great article up onActivist Post.
The analyst said that investorsare watching to see what
impacts the spending bill willhave on asset allocation
strategies.
On asset allocation strategies.
With uncertainties everywhere,it's likely that gold will
continue to be an attractivesafe haven for investors
navigating a volatile world inwhich fiscal concerns are adding
(39:15):
to investor risk.
Well, that's the World GoldCouncil and I'm looking to
statements that have beenfloated to by the IMF lately the
Bank of InternationalSettlements, the EU and, it's
(39:38):
funny, they all agree that theprice of gold is going to go
higher if you really read intoit.
But some are alarmed by that,like the European Union is very
alarmed.
They said that gold threatensthe economic order of things
because their currencies aredying in comparison, because
their entities are dumpingcurrencies.
(40:00):
Institutions are dumpingcurrencies, not just the dollar,
it's fiat is being liquidated,folks, and that's what's
happening.
That's why there's a trendgoing into hard assets, sound
money.
That's just the place inhistory that we are, and it's
(40:22):
only just begun.
You didn't miss the boat, by theway, because, you look at, I
had this article up, but this isright off the bat.
Let me put this up too.
This is kind of in line withwhat we were talking about in
that article that brought upElon Musk, and you're going to
(40:42):
see more of this kind of stuff.
Elon Musk calls the US dollarhopeless and says his America
party will embrace Bitcoin.
Elon Musk slammed the dollar onsocial media, calling it
another fiat money hopeless.
His America party will embracecrypto.
(41:04):
He says that could set upanother area of contention with
Donald Trump, who was hispolitical ally for many months
yeah, that didn't last long, didit, but he's already done this
and a lot of the crypto peopleand Bitcoin people that were in
the Trump camp.
You know there's going to be, Ithink, some flow over to
(41:26):
whatever this is, but that'swhat happens at the end cycle of
something and like, especiallyin a fourth turning, you're
going to see, uh, I think,multiple political factions and
parties and also the, the, theold order, and I will continue
(41:49):
to say this.
I think that we've seen thehigh watermark For whatever MAGA
was, and we'll get you.
I see Billy listening off.
He's in the in the green roomhere on the stream.
I love to get his take on thatsometime.
Maybe we'll talk about it onAmerica Unplugged.
I definitely think that we'rewatching something.
(42:10):
The midterms are coming.
Trump is scrambling to replacejerome powell at the federal
reserve.
So they can.
What do they remember what wetalked about?
Why is trump mad at powell?
It's because powell won't lowerinterest rates, because powell
sees the, and rightly so.
(42:31):
If you did that, it willtrigger further inflation, which
will continue the demise andthe weakening of the US dollar
In a long enough timeline.
That thing's going away right.
The dollar hegemony, whateveryou want to call it, that
leverage that the globalistshave in the American empire and
(42:57):
those who are the stewards ofthat fiat currency don't
necessarily want it to die thatfast and that would accelerate
it, but it'd be good short-termpolitically.
So you're going to be fightingthat.
You'll see that.
That fight will start coming upin December and going into next
year and they'll rapidly startlooking for somebody to replace
(43:18):
Powell, and it's interestingthat you can't replace him.
Now, right, it's interestingthat the chief executive of the
United States doesn't have theauthority to replace the head of
the Federal Reserve, which issupposed to be the Federal
Reserve, isn't it?
But it's not federal, it's aprivate banking consortium.
The Federal Reserve, isn't it,but it's not federal, it's a
private banking consortium.
But you never really get to seethose headlines or any breakdown
(43:39):
of that logic with themainstream.
All right, all right.
Last article of the day I foundthis over on Activist Post,
great piece.
But we talk about the bigbeautiful bill.
That's another thing that it'salmost like there's so much
(44:05):
We'll get into that too.
It's so massive.
And the grift in this thing andthe bloatedness of it.
And you got to wonder, likethese kinds of headlines with
what is the Epstein, what?
What is that?
The non, the non-disclosure,disclosure, telling you what it
(44:28):
is without telling you what itis.
What does that mean for theseheadlines?
Is that what this was put outthere for?
Perhaps to cover up some ofthis stuff?
This is Activist Post.
This is the big beautiful billin America's real welfare queens
(44:48):
.
And again, my friend CharlieRobinson, you got to visit
Activist Post.
And again my friend CharlieRobinson, you've got to visit
Activist Post.
It's a great news aggregator,some great articles over here.
It's by Matt Smith, doug Caseyhe says stupid me.
(45:09):
I started reading the billrecently passed by Congress.
I just started reading therecently passed bill endorsed by
Trump at 829, pages 829.
It promises a differentgovernment than we had with
Biden.
Many of his pet policies areeliminated, but the new
government it promises is bigger, more wracked with debt and
(45:30):
even more oriented to what you'dexpect in a war economy.
But some context first.
The Big, beautiful Bill startsoff promisingly enough.
Early provisions cut $30billion from the Supplemental
Nutrition Assistance Program,snap, over 10 years.
It implements stricter workrequirements for adults age 50
(45:52):
to 54 without dependents.
For instance, some adults whoclaim disability aren't
classified as totally andpermanently disabled now and
they have to return to work tocontinue to receive benefits.
So far, so good.
The bill also eliminatesMedicaid eligibility for
undocumented immigrants andtightens verification
requirements, which the CongressBudget Office, the CBO,
(46:16):
estimates will reduce Medicaidrolls by over 3 million people,
mostly recent immigrants ornon-citizens.
In parallel, states areincentivized to be more
aggressively purge enrollmentfor technical noncompliance like
missed paperwork.
Additionally, the bill imposeslimits on eligibility and
funding for the earned incometax credit, removing or reducing
(46:40):
benefits for many part-timeworkers.
The justification America isbroke, we're told.
We can't afford to fundable-bodied people living on
government handouts.
Who can argue with that?
He says.
Now it's the big, beautifulcontradiction.
And then I got to page 28.
Here the bill dramaticallyboosts farm subsidies, including
(47:06):
many that are completelyuntethered from actual
production.
It's a contradiction so bad italmost escapes notice.
It's a contradiction so bad italmost escapes notice.
The government cracked down onwhat conservatives once called
welfare queens, then handedbillions to the real welfare
aristocracy in America,politically protected farmers,
(47:30):
especially huge agribusiness.
For all the cultural emphasison rugged independence in rural
America, farming is, after all,one of the most heavily
subsidized sectors in the USeconomy.
The vast majority of thesesubsidies go to producers of
just a handful of crops corn,soybeans, wheat, cotton, rice,
peanuts, sorghum and barley.
(47:51):
These are the so-called programcrops that are eligible for the
most Title I commoditysubsidies.
Notably excluded are mostfruits, vegetables and nuts,
referred to as specialty crops.
These crops receive minimalfederal support and are often
(48:12):
subject to planting restrictionsif a farmer wishes to receive
Title I subsidies.
No wonder America is the landof monocrops.
So the policy choices madedecades ago and reinforced every
farm bill cycle continue todictate what gets grown in
America and what doesn't.
The result is a federal foodpolicy that supports
(48:35):
calorie-dense, commodity-basedagriculture over nutrient-rich,
diversified farming.
This is someone who grew up infarm country.
Government farm policies thatamount to welfare have always
bothered me.
Farmers are somehow a group youcannot criticize.
Meanwhile, our farm policiescrush small farmers and deliver
(48:56):
lavish welfare benefits to thebig boys.
Well, that's what we do.
We have socialism for the richand free enterprise for the poor
.
Price loss covers welfare byanother name.
(49:18):
The way these programs arecalculated isn't just
complicated, it's complicated onpurpose.
The more arcane the math, theeasier it is for congress to
disguise who's getting paid andhow much.
The big beautiful bill raisesthe statutory floor from $3.70
to $4.10.
A bushel then sweetens the mass, so payouts climb even higher.
(49:41):
This really started under FDR,and they'd pay you not to grow,
cops.
They would pay not to growTrying to do price controls by
other means.
Here's how it works.
(50:01):
The US Department ofAgriculture, the USDA, takes the
last five years of corn prices,drops the highest and lowest
and then sets the referenceprice at 88%.
On that average, that figurebecomes the effective reference
price, unless it exceeds 113% ofthe statutory floor.
Well, don't you lovecentralized control?
(50:22):
It says yes, you read it right.
Plc payments are based onhistorical planting data, not
current production.
These base acres wereoriginally calculated using
planting history from 1991 to1995, and in some cases, were
(50:43):
updated in later farm bills,like 2002 or 2014, to reflect
more recent trends, but theystill are mostly based on data
that's decades old.
Beyond PL, the welfare gravytrain.
(51:05):
In addition to direct supporttied to real and hypothetical
production and price guarantees,some of the largest subsidy
recipients, particularly inspecialty crop regions like
California, benefit fromconservation and water
infrastructure programs.
For example, the Resnick'sBillionaires, owners of the
(51:28):
Wonderful Company, have longbenefited from federally
supported water projects inCalifornia's Central Valley.
Benefit from federallysupported water projects in
California's Central Valley,though not always listed under
farm subsidies.
These water programs enableotherwise unsustainable farming
in arid regions by deliveringsubsidized acres of water.
What's funny about this article,too, is he continues to list
(51:51):
all subsidies and he gets downand he just tells you hold on,
I'll get there in a second.
This is again he said I'm onpage 28.
And we'll get to the end herein a second In fiscal year 2023,
.
Federal crops insurancesubsidies cost $12.5 billion.
(52:12):
Insurance subsidies cost $12.5billion and it is, you know, the
historical relevance of theFarm Bill.
That was one of the ways thatthey showed that Ronald Reagan
(52:34):
was still alive when he was shotby John Hinckley in 1981.
They had him sign the farm bill.
Well, he didn't actually signit.
He had Nancy helping him.
I mean, it was like he wasunder anesthesia and everything.
Just sign the farm bill.
It'll show that you're stillcognizant.
Show that you're stillcognizant.
(52:58):
There's increases in the new.
I grew up hearing farmerscomplain about the weather.
With subsidies like this, whocares?
With guaranteed income from thegovernment, farmers have little
to fear about from bad weatherand no market incentive to
diversify or innovate incentiveto diversify or innovate.
The new bill significantlyboosts support, raises reference
(53:23):
prices for key crops like cornand soybeans.
Increases the effectivereference price multiplier from
85% to 88%.
Expands cost sharing of cropinsurance premiums.
Adds new payments for poultryinsurance.
Increases ARC and PLC capsslightly.
He's really.
This is again.
(53:44):
He just dug into the part ofthe bill that's for the bloating
up the farm subsidies.
These programs are deeplyentrenched, he says Americans
like farmers.
I do too.
Pointing out this longstandinggrift is akin to criticizing
(54:07):
firemen, but let's face it thesystem is broken and this bill
makes it even worse.
While the average farmerparticipates in the grift when
he can, the big beneficiariesare large landowners and
agribusiness, not small familyfarms.
According to USDA data, the top10% of subsidy recipients
(54:34):
collect more than 70% of thepayments.
He says so what's next in theBBB?
So now I'm on page 40 of thisbig, beautiful bill only 789
pages to go.
Scanning ahead, it looks likeit gets way worse from here.
The policies most most agreewith are usually front loaded in
the text of the bill.
Is it even worth continuing on?
(54:55):
It's a lot of brain damage toread through these bills.
So if you want me to continueto break down what I see, let me
know.
That's Matt Smith over atCrisis Investing.
He made it Only 789 pages to go.
(55:15):
Well, that's the big, beautifulbill, ladies and gents, all
right.
Well, I want to get into somepricing.
We'll call out spot pricesbefore we go, and I wanted to
(55:39):
mention I didn't get to talklast week.
I tried twice, by the way, butI wanted to tell you.
I've been giving it some thoughtand I want to bring back one of
my sponsors that I've neglectedto plug.
I've been with them for 23years but in in light of
everything that's happening inthe culture and um, it's just a
(56:02):
good program for everybody tocheck out and that's with legal
shield.
That's, uh,peoplesprotectionplancom.
Like I've been with them for 23years, I highly recommend
recommend it if you are in needof audited for your federal
income tax and you get movingviolations are taken care of
(56:39):
with your vehicles, all of that.
They'll review documents,everything that's done.
For less than a cup of coffee aday, you go to
peoplesprotectionplancom and getyourself a plan.
I've had one since I was 22.
I've never been without it.
Haven't been one month withoutit for all those years and I've
used it extensively.
(57:00):
I highly recommend it.
Anybody listening to me youshould definitely check it out.
I will bring that up again.
I've neglected to do that andI'm going to be talking to some
of my other hosts about it aswell.
All right, let's uh, let's dospot prices really quick.
Pull that up.
Today gold is at 3317luciferian bankster notes per
(57:26):
troy ounce.
3317 federal fiat reserve notesper troy ounce of the yellow
metal.
Uh, silver is up since the timeof this broadcast.
Uh, 36.79 a troy ounce for thewhite metal uh, totally
undervalued, I think both thesemetals are, but especially
(57:48):
silver that is extremely cheapgiven the global economic
strength of currency versusmetal and what silver actually
represents.
So that is gold and silver.
Lbns make up one Bitcoin, andremember there are 22 million
(58:25):
millionaires in the US andthere's only 16 million
available Bitcoin.
So not even every millionairecould own one Bitcoin in the US.
Bitcoin is very scarce.
That's why its price is doingwhat it's doing right now and
again in comparison to what'shappening with the rest of the
world in the fiat system.
(58:47):
So do your homework and checkout some of these things, some
of these articles that I'vethrown out to you, and do your
own thinking, because we'redefinitely in a time when you've
got to think for yourself andthe political system should show
you that Don't let other peopledo your thinking for you.
You'll pay a dear price.
(59:07):
So I appreciate each and everyone of you.
Thanks for being here.
I will be up on AmericaUnplugged Saturdays.
Join me and Billy Ray Valentineand the legendary Don Jeffries
every Saturday, 11 am CentralTime, 12 Eastern for America
Unplugged.
Always a great conversation andmore announcements from Wise
(59:28):
Wolf coming soon.
If you go to Wolfpackgold, ifyou've been a member of Wolfpack
and you want to come back, wehave a promo code backpack and
it gets you free silver, sodon't miss out.
Okay, backpack is the code andwe've got all sorts of new
programs coming out.
I'm working with Yeka to getsome gold backs on there
(59:50):
permanently, but we are workingaround the clock to get product
too.
So it's interesting times.
Join us if you can.
All right, we'll be back nextweek from Beans the Brave and
myself.
You guys take care of eachother.
End of transmission.
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