Gold & Silver is NOT Complicated! Andy Schectman Now owns XRP! Silver "TO 200X" is THE Smart $$$

Episode Transcript
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(00:00):
It's never been more important for peopleto, I think, look to gold
and silver not as an investment,not to get wealthy. That's what XRP
is, that's what other investments are. This is to me wealth that has
outlived every World War, German hyperinflation, great depression, every pandemic,
everything the world's ever thrown at it. And in this great time of uncertainty,

(00:21):
when you see the central banks ofthe world accumulating more over the last
eighteen months than they ever have inhistory, it tells me because these people
don't just have the most money,they're closest to the playbook, they have
the most information, They know wherewe're going. How significant gold and silver
really are to one's portfolio. Itis wealth and that's why that I look
at it. Well, I justwant to thank you publicly because a few

(00:45):
people stepped up with several hundred thousanddollars investments and you guys delivered like Johnny
on the spot, like boom.But before we get started, folks,
make sure you hit the pause button. Okay, go down below, there's

(01:06):
a Rumble link. You're over toRumble and follow us over there. QFS
seventeen seventy six Dot com is withoutquestion, the holy grail of what's to
come. Okay, T shirts,you gotta get yourself decorated this way.
People will ask you, what isXRP? What is the quantum financial system?
What is this? What is that? When you send them where to
QFS seventeen seventy six dot com wherethey need to immerse themselves because we're gonna

(01:30):
burn down this system down to theground, and out of the ashes will
rise to Phoenix. There will benothing to go back to. Believe me
when I tell you that Unify TVwill take over Netflix. We're bringing in
the next genre of movie producers andstorytellers and actors and actresses, and we're
telling the story of how the worldis going to be on earth as it
isn't heaven. Jasara Nasara is coming, make no mistake about it. Gold

(01:55):
and silver, Gold and silver rightdown below. Promo code mel Carmine,
make sure you use the promo code. Almost eight billion dollars in sales.
We're directed like a bunch of mints. We are the ones that can get
you the golden silver directly to yourdoor. Okay, at the cheapest price.
Don't even waste your time looking fora cheap of price. It doesn't
exist. Also, our telegram groupsdown below if you want to learn what's

(02:19):
coming and you're sort of a littlescared, I understand. Believe me.
I was there too at one point. Our patriots are literally waiting for your
room. And if you need morethan ten thousand dollars worth of XRP or
a million dollars worth of XRP,you come see me. Send me an
email the QFAT seventeen seventy six ofGmail, and we'll get you as much
as you want. Well, goodafternoon, folks. That's exactly three seventeen,

(02:42):
and you know which team are on, seventeen being the key number.
We got Andy Sheckman in the housefrom Miles Franklin, a company that was
started decades ago, from his dadand his partner. And I want to
ask him some very very different questionstoday. This is gonna be a very
very different show. You know,basically, Nandy Scheckman has been at this
for quite some time himself. Atthis point, let me ask you some

(03:05):
questions. Andy, welcome to theshow. First of all, it's a
pleasure to have you. We haven'thad you back. This is our second
time. We should have done atleast two other shows besides us, But
I've been busy. Okay, Soanyway, let me ask you the question
point blank, what is the differencebetween a company that deals in precious metal
that is direct to the mint versusone that is not. Well, we're

(03:30):
not per se direct to the men. I mean we are, but we
are. We are. I'm oneof twenty seven US men to authorize resellers.
That means there are six or sevenprimary distributors who are direct to the
Mint. We were nominated by oneof those primary distributors fifteen years ago.
At the time, it was PrudentialBase, and it means in very very

(03:55):
large quantities we could go directly tothe Mint, but well directly with the
primary distributors who go from the Mint. But I mean, it's it's in
essence the same thing. At thislevel, you have to first of all,
you have to have a great relationshipwith all the big players in the
game, and you kind of likeeBay. You know the whole premise of

(04:16):
ebays you pay fast, you doas you say, and you get a
good rating. Well, in thisindustry, that's the same exact thing.
You make friends, you pay fast, you pay upfront, and you have
to be able to also hedge.You have to be sophisticated enough to hedge
your exposure to the inventory that youaccumulate. You have to be able to
use futures contracts to remain market neutralwith the inventory that we hold. And

(04:43):
the larger the inventory, the moreit necessitates being sophisticated enough to hedge your
exposure to what is in essence avery voluable market. But you know,
in order to even get to thispoint, you have to be very close
to the mints and very close tothe refineries, and and and really have
a reputation that is one of trustworthiness, follow through, and actually fast payment.

(05:10):
Because at this level, these thesecompanies, where the margins are so
very slim, they don't want theydon't like delays, and they don't like
they don't like problems. So theyall do what they say, We do
what we say, and the resthas been history. For over three decades.
Well, I gotta tell you,I've had some large accounts that came

(05:31):
in through you know, our codelmail Carmine code, and surprising to me,
I wasn't even expecting these chicks,but they did come in. They
weren't like, you know, astronomical, but they may be pretty comfortable for
a few months. Uh and uh, I was, it was really it's
nice what it happens. I gottatell you, you know, I'm glad.

(05:51):
I'm honored to be able to helpyour listeners and to be associated with
you. And and yeah, they'renot astronomical because it's not a mass of
margin business. It's volume. Butyou know, it adds up. And
yeah, I think this is it'snever been more important for people to,
I think, look to gold andsilver not as an investment, not to

(06:13):
get wealthy. That's what XRP is, that's what other investments are. This
is to me wealth that has outlivedevery World War, German hyper inflation,
great depression, every pandemic, everythingthe world's ever thrown at it. And
in this great time of uncertainty,when you see the central banks of the
world accumulating more over the last eighteenmonths than they ever have in history,

(06:33):
it tells me because these people don'tjust have the most money, they're closest
to the playbook, they have themost information, they know where we're going.
How significant gold and silver really areto one's portfolio. It is wealth
and that's why that I look atit, well, I just want to
thank you publicly because a few peoplestepped up with several hundred thousand dollars investments

(06:55):
and you guys delivered like Johnny onthe spot, like boom. It was
like, you know. Then acouple of days they had their goal,
they had their silver delivered to theirdoor. These people contacted me, they
said, man, incredible service,amazing, we'll do it again, etc.
But I had one person without mentioningthis person's name, but I do
suspect who you are. Okay,step up. What I think was like

(07:17):
one point two minutes or one pointfour million dollars worth of gold and silver,
and that was nice. Thank youto that person. And you guys
again delivered in spades. And youknow, it makes it easy because you
know, at the end of theday, this stuff is not complicated.
This is easy stuff. And thereason why I say it's easy stuff,

(07:39):
it's not digital money where you haveto buy wallets and learn how to use
the wallet and jump all to allthese hoops and learn all this digital stuff
that gives most people like me andpotentially Andy Shekman as well, a headache.
Okay, and yeah, yes,a lot of people are gonna make
a lot of money off of XRP. There's no question about it. I'm
you know, grateful and well thatI'm married to a techie. Okay,

(08:01):
my wife knows a lot about thisstuff. I'm pretty good with computers and
I could learn it. Except I'mmy mouthpiece. I'm some of the guy
that does the public relations. Ido other stuff. You know, But
how how long has your company beenaround? And the reputation, obviously at
this point from my standpoint with mycustomers, has been far launched. You

(08:22):
know, the best of the bestappreciate that I've been around since nineteen nineties,
so it's it's going on a longtime. And I came on board
early nineteen ninety one, and that'sall I know. We've been doing this
for a very, very long time. We've never had a customer complaint where
a plus rated. I left myoffice in Minneapolis when I moved to Delray

(08:48):
Beach, Florida, two years ago. After George Floyd and more importantly the
defunding of the Minneapolis Police Department thattold me it was time to go.
But I left my corporate endive inMinnesota. It's the only state in North
America where you have to be licensedand bonded to transact business and precious metals,
whether you are domiciled in the stateor sell into the state. And

(09:11):
that's why the majority of the onlinecompanies won't do business in Minnesota because of
that licensing requirement, the bonding requirementthat separates us from everyone else, because
of the fact that the state ofMinnesota is the only state in the country
that regulates the industry that isn't regulatedby the federal government. So we'd like

(09:31):
to think that we're held to ahigher standard, to say the least.
So thirty going on thirty three years, basically, it's how long that I've
been doing this nice So take itjust back to the beginning of time with
your dad and his partner, whowas instrumental in cultivating and establishing the relationships
with them. Ins I apologize,I got little construction going on outside Digital

(09:54):
ass Investor. You're not the onlyone that's got landscapers and guys with drills
outside your ow. But anyway,who was Rince Smith? Was it both?
Or what wasn't your father's partner?Or was your dad it was neither
of him? It was me.It was my dad. Yeah, my
dad. His middle name is Miles. My dad's partner who was only financial

(10:15):
lent US sixty thousand dollars in nineteeneighty nine to start the company. His
middle name was Franklin. Never workedat the company. My dad never sold
an ounce of old ever in overthirty years. He wrote a newsletter for
a very long time. He keptus out of that. He took the
chance, you know, he startedthe company. He left what was a

(10:35):
different job, but he took thechance and he got us started. And
I learned early on that relationships andreputation is everything in this industry. You
don't buy the commodity just because onecompany might be ten cents or two dollars
less expensive. You will regret buyingthe commodity. You buy the person.

(10:58):
And I realized very early on thatit's relationships that make the world go round.
And over the last three decades,I have made a lot of relationships,
very influential relationships. So working withpeople in this industry, you know,
from David Morgan to to Rick Rule, to the United States Mint to
Brinks. We have worldwide exclusives andall of the relationships that I have been

(11:22):
fortunate enough to cultivate over the lastthirty years center around what I just said.
You by the person you don't youdo what you say, And I
always have and I look at whatmy father did. He gave me the
opportunity. It's the greatest gift everyoneanyone ever gave me. He also instilled

(11:43):
something upon me that maybe is thebest thing that's ever happened to me.
And when I was twenty years oldand he's, you know, new in
this industry, he said to me, we're going to start the company together.
But there's one rule, and onlyone rule, or I'll fire you

(12:03):
if you can't deal with it.But that's it. That's the only rule.
The rest we'll do this together.I said, all right, I
can deal with that. What's yourone rule? It says you'll buy something
every two weeks when you get paid, you'll buy some gold or some soul.
Period. Now, what that taughtme how to do is to pay
myself first. That taught me theimportance of saving. That taught me that

(12:24):
even though I was twenty years oldand felt like the world would go on
forever, I woke up one day, I'm fifty two years old, and
I still feel like I'm twenty inmy head, But ask myself, where
the hell did that time go.The greatest gift that he gave me in
this respect is the ability to saveand every two weeks. Even though I've
owned the company outright for two decadesmore or less, he's been retired.

(12:46):
The greatest gift he ever gave me, other than this opportunity, was to
teach me how to pay myself first, to allow me to escape the rat
race. Understand the relevance of lettingcompounding work for you instead of against you,
in this case, the compounding oftime and every two weeks. For

(13:07):
thirty three years, I have neverever missed a two week period, whether
I buy one hundred ounces of goldor one ounce of silver or anything in
between. Over that entire thirty yearplus years, I have done so.
And so to me, gold andsilver represent pure wealth. And when I
say that, I mean that,and I have these discussions, and I
like people to understand that to me, this isn't an investment, although it

(13:28):
may very well end up being adamn a good one. It's wealth.
To me that it's all I know. And so that's the history of thirty
years and The secret of my successis you don't have to be a prick
to get to the top, youknow, just do as you say and
try your best to do right bypeople. Yeah, you make mistakes along

(13:50):
the way, some of which Iregret, but I always try my best
to make them right. And that'sthat's that's really it. In a nutshell,
the best of my ability, that'sthe best I can explain it.
Yeah, how did they give usa little bit of history? How did
your dad and his partner? Didthey meet like over at the local pub
over a Corona beer? How didthat happen? So in nineteen in the

(14:16):
early eighties, both of my parentsworked in the clothing industry. My dad
worked for Champion, the sporting wearclothing company, and he sold sweatshirts and
whatnot tall the Big ten campuses andbookstores and football teams. And my mom
was in the clothing industry as well. I was a latchkey kid, you

(14:37):
know, came home to an emptyhouse my whole life. And in nineteen
eighty three they both lost their jobsin the recession, and they were this
close to filing bankruptcy. And wecome from nothing now nothing, And my
dad took a job as at acompany called Investment Rarities, which at the

(14:58):
time was the largest precious metals companyin America, but one of only two.
And he took to it. Youknow, he said, I wanted
that job like I wanted a holein the head, but I needed to
put food on the table. Therewere no other opportunities for me. He
was a history major, and herealized being a history major the relevance of
not what you need to buy,but why, and took to it like

(15:20):
a fish to water. And withina year and a half he was teaching
the new incoming brokers. Within afew years he was speaking around the world
representing Investment Rarities when he was approachedby a couple of gentlemen in Switzerland who
liked the way he spoke and said, we want you to bring the concept

(15:41):
of Swiss investments and Swiss and nuitiesto the United States. So he came
back home. He left Investment Rarities, which was the first time he's had
money in years. He went fromnearly filing bankruptcy to taking the chance where
the American dream we really are theembodiment of the American dream. He took
a chance. He sold his lifeinsurance policies. He borrowed sixty grand from

(16:03):
his friend from high school, DonnieFranklin Schiff, who we bought out a
few years later. But you know, we started a one room office the
size of a closet on a wingand a prayer selling Swiss seanuties. There
were some very influential names in theindustry who quickly understood the significance of Swiss
nuties, like Gary North and DougCasey and start promoting them. And we

(16:29):
actually became very successful selling Swiss seanutiesand realized the same person who bought Swiss
Franks bought gold. He rekindled somerelationships he had in the industry from the
years before, and the rest isreally history. We still do a little
bit of work with company in Switzerlandcalled BFI Consulting, and I owe very

(16:52):
much are the beginnings of our successto that company. But that's it.
You know, like I said,we are American dream. We come from
absolutely nothing. We took a chanceand we have strong fingertips. We've been
able to hang on and in allof this time never had a material complaint
ever. And you know that,to me is one of my greatest achievements

(17:17):
in life. Absolutely. Yeah.Listen, you guys got an impeccable you
know, triple A platinum rating reputation, hands down, no argument at all.
Zero. Here's the thing, youknow, I'm a little bit jealous.
I gotta be honest, Shandy,because I wish my father was gold
and silver. He was in cementor pizza. Okay, So how to
choose either pizzeria or cement. Cementwas too much hard work. I don't

(17:41):
want to break my back and thatkind of stuff. But there's another side
to that business that you can makea ton of money if you're like,
you know, sort of like aDonald Trump. Work work your way into
being a Donald Trump. Um.But I chose the pizzaree industry. I
was very successful doing that, hada total of nine pizza shops with my
family over the years, etc.Done well. The American dream was very,

(18:02):
very very nice to us, butwe worked it, you know what
I mean. Our neighbors were jealousof us. They would always ask those
questions, why do you guys ownthis big house, Why do you guys
have a built in pool, Whydo you guys have you know, new
cars every two years? Why?Y y? Why? And the answer
is very simple. We don't takethree vacations or four vacations a year.
We sacrifice. We worked seven daysa week. We know what it's like

(18:22):
to work seven days a week withouttaking a day off. And most Americans,
because they are, they become complacentand they don't realize how powerful what
the dream really means. You knowwhat I mean to live in the United
States. It's privileged citizenship, itreally is. I will relate to that
more than you will ever know.I mean, honestly, if there were

(18:45):
odds in Vegas and my parents werehippies, I was a guy that wanted
to play baseball, hurt my knee, we were the least likely cast of
characters to ever succeed in what wedid. You're right, you put your
mind to something, you work hard, keep your nose clean, be honest.
Yeah, it's it's it's it's wonderful. And the sad thing about it

(19:08):
is, I'm concerned that that environmentthat was so good to both you and
I is becoming far more difficult forour children to experience the same level of
opportunity that we did. And thenI think where we are heading in many
respects as a country is is limitingthe potential of the middle class. And

(19:34):
you know the middle class is youknow, they're people who try to produce
more than they consume and save thedifference. Yeah, and that's how they
grow wealthier. But the question isthe dollar and its value being destroyed and
so what the majority of what theyhave saved is being destroyed in its purchasing

(19:56):
power. And so this is whereour precious metals and cryptocurrencies and certain alternative
investments come into play. Because whatwe're seeing here today as an example,
with the vote on the debt ceiling, the potential agreement of another four trillion
dollars added to the bottom line,is that our government has chosen the path

(20:21):
of inflation over austerity, the waythat all governments have done in the past.
And another way of saying that aslook, even if we balance the
budget today, ignore the thirty twotrillion dollars in Debton. Remember melotrillion seconds
ago was thirty one, six hundredand eighty eight years ago. That's a
trillion seconds. Well, what noone's talking about, and I find am

(20:45):
using, is the big elephant inthe corner of the room, and that
is social security, Medicare, Medicaid, and government military pensions, social Security,
according to the twenty twenty two budgetjust came out or balance sheet rather
is sixty seven trillion dollars in thewhole. And it's either sixty seven or

(21:06):
seventy six. Escapes me for amoment, but either way, Reuter is
a week ago or two weeks agosaid it will be bankrupt in twenty thirty
three. It already is bankrupt.Medicare and Medicaid and government military pensions on
top of Social Security, which areall off balance sheet, exceed one hundred
and thirty trillion dollars. So youput it together, we're two hundred trillion
dollars in debt, and you knowwhere do we go from here? The

(21:29):
only way you will ever pay anyof this off is to inflate. That's
exactly what they have to do.Either they make their debt more attractive by
letting rates rise, which destroys theentire system, or because stops bounds in
real estate, their values, whichare inflated are inversely correlated to a rise
in rates, or you inflate,and that's what they all do, and

(21:52):
that's what we're doing right now,and that's what we will do. And
that's perhaps why you've seen the centralbanks of the world of the less eighteen
months buy more gold than they haveever and never just how about the elite
as well? I understand the eliteis stocking up on it like it's going
out of style. Absolutely, Andyou know, I believe that what's happening
with the banks, and with thethe antagonizing of Saudi Arabia, the weaponizing

(22:18):
of the dollar in which is creatinga masky dollarization, or what's happening with
the banks to many levels is intended. And I've said that for a long
time. And then all of asudden, two people emerged, and these
two people were murdered. It's anexclamation point my belief. If you look

(22:42):
at two names, one is LaleBrainerd, and I don't know if you've
heard of either of these two people, Lale Brainerd and Jared Bernstein. Lale
Brainerd spent time at the Treasury,and then when Powell was up for reappointment,
she was his main gene. Ithought she would win. I didn't
think Biden would reappoint a Trump appointee, but he did. She was inserted

(23:04):
as number two at the Fed.She's been there his whole administration. She
just left him and setting up anadvisory committee at the White House. The
Laale Brainer's whole thesis is destruction ornot destruction, and't I guess you could
argue that, but removal of allof the banks and going direct modern monetary
theory directly from the Federal Reserve,including the commercial banks. This is her

(23:26):
thesis that she presented when she ranfor the Federal Reserve spot. And she
said, although it's controversial, andshe acknowledged, she said, look,
if we need to stimulate the economy, we'll give people money. Instead of
making the commercial banks lended into existence, we'll just give it to them.
And even though people wouldn't like this, if we need to slow things down,

(23:47):
we'll take money from them. Andthis is her theory. She just
left the Fed and is advising thepresident. I'll think of all the things
that are happening with the banks.Think about the fact that Janet Yellen said
that for the regional bank to bebailed out, other than Silicon and Signature,
which we're bailed out because supposedly theyare too systemic, the regional banks

(24:07):
would need to have an uber majorityvote between the FBI c the FO yourself
from the President to determine if they'retoo systemic or not. That lit a
fuse under these banks general creditor,no more bailouts. They'll be bailed in
and they won't bail them out.Well, the banks are who control the

(24:32):
money markets, are putting all ofthat money market money into the overnight reverse
repo market that the fedbacks at fiveand a half percent with daily liquidity in
money markets. So your choice wouldbe leave your money in a regional bank,
which by the way, represents seventypercent of all the small business loans
in America and close to seventy percentof all the commercial business leases and loans.

(24:53):
And you're talking the backbone of middleclass America, and you can leave
your money there where if it fails, you're an unsecure general creditor or anything
over the FDIC two hundred and fiftythousand dollars limit, you're screwed. And
by the way, FDIC only hasone hundred and twenty eight billion backing eighteen
trillion. That's less than a fifthof one percent, and they just borrowed

(25:15):
one hundred and seventy four billion fromthe Federal Reserve. Not really a safety.
Then yeah, absolutely fails you're screwed, and or you can move it
to the commercial bank, which istoo big to fail according to Janet Gellen,
and is allowed to put that moneymarket money with daily liquidity into the
reverse repo market at over five percent, where the best year get in a

(25:38):
regional bank is four and a halfpercent in a one year CD. They're
dead and everyone's going to leave.That giant sucking sound you're here is everyone
chasing yield and either going directly inthe treasury market or the commercial banks with
money markets, and so the regionalbanks are dead. That's exactly what Lel
Braided wants. But even scarier thanthat is Jared Bernstein, these an economist

(25:59):
who was US nominated Biden's top economicadvisor who in twenty fourteen. If you
google him and google after Jared Bernsteindethroned king Dollar, you'll see a report
that he wrote in the New YorkTimes where he advocates immediately for relinquishing the
world reserve status of the dollar becauseit creates distortions, trading balances, anomalies,

(26:22):
and bubbles. And so your twoadvisors advising the president who shakes hands
with thin air is one lady whowants to get rid of all of the
banks and go full modern monetary theory, and a guy his top advisor who
wants to lose the World Reserve steps. So you start to look at the
things that are happening around us,with the banks, with the formulation of
bricks, with the weaponizing of thedollar, with pushing Saudi Arabia away.

(26:47):
And look what Saudi Arabia has done, including just joining the Bricks Bank,
the Shanghan Cooperation Organization, the beltRoad Initiative formally applied to bricks. They're
leaving the West, and these thingsare happening, and I wonder have we
are we doing this intentionally? Now? Why the hell would we do that?

(27:07):
We're going back to what we justsaid, How the hell do you
pay off two hundred trillion dollars indebt in this economy, in this country
where our largest single asset according tothe twenty twenty two ballanc she is a
student debt at one point six orseven trillion dollars. That's sickening. That's
our largest asset in this country.So they're looking for a villain. They're
looking for them in that villain isjesingping and putting and OPEC. They did

(27:30):
it to us, so sons ofbitches, It wasn't us, Yeah,
twenty then the last four years inthe history of the country and suppressing interest
rates, creating massive distortions. Nowas them, And I think things are
getting nuts. I truly do.Well. They always got a point to
a boogeyman, you know what Imean. In most cases they create the
boogeyman. By the way, whenI do this to you, that means

(27:52):
I gave you a mic drop.You know you're amazing, right. What
I need, what I need toknow is we need this Okay, see
this guy here. We need thisguy will punches back. We need that
guy back. Now. I knowyou're good friends with what's his name,
Kiyasaki, and he's one of myfavorite entrepreneurs. By the way, he's
my second favorite entrepreneur. And soif you ever talked him, said Mel

(28:15):
Mel Carmine says, you are hissecond favorite entrepreneur, my favorite of all
time, even though they don't likeeach other too much. Is Grand car
dump Okay, he really likes Trump. He's written two books with him.
He told me he and his sonsare some of the greatest people he's ever
met. He told me that personallynot too long ago. No question about
it, No question, man,I want to I want to get back

(28:36):
to the beginning of the interview whenyou came on. It sounds to me,
and you can correct me if I'mwrong, Andy, but it sounds
to me that you might have changedyour tune a little bit on XRP.
I know that you might have notbeen completely educated nine months ago, I
think ten months ago when we didour first interview, but it sounds to
me that you may have been turnedaround somewhat because you said, you know,

(28:56):
if you want to create wealth,you'd go XRP. Yeahs. Basically,
most of these tokens, where there'stwenty eight thousand of them, are
gonna go away. Most of themare complete total disaster scams. Call them
whatever you want, that's what theyare, and they're gonna go away.
They're gonna be maybe twenty thirty tokensleft standing when the dust settles. Have
you changed your tune on XHRP?If so, tell us what happened in

(29:18):
the last nine months that you mighthave may have had a change of hearts.
I don't have a tune. Imean, I just listened to guys
like you, And I'm friends withthe guys from black Swan and and I
have an open mind. Listen,the truth of it is, I don't
understand cryptocurrencies well enough to even pretendan authority on it in any respect,

(29:45):
or to even feel comfortable investing morethan a toad dip in the water.
And I am not the poster childfor finance. One on one, I
will simply tell you that I legitimizethe argument. I understand you know,
I've listened to enough of it toget it. And but no, I'm

(30:06):
not a basher in any Yeah,no, I hear you. I hear
you. But it seems that youhad a little bit of a turnaround.
And it's not exactly you're all inyou You probably you know when you say
you tipped your toe in the water. I know Andy Sheckman probably is not
broke. He's got a couple ofshekels in the bank. And you probably
when you dip your toe in thebank in the pool, that means you're

(30:26):
probably as heavy as you know,a guy like me, for example,
who's got quite a bit. Butneedless to say, but I have a
philosophy in investing, and to meit's the base of my pyramid. Are
things that would be sixty or seventyor eighty percent of my assets, like
paid for a real estate, preciousmetals, cash, short term treasuries,

(30:48):
even while I'd probably put those upone level. The middle portion of my
pyramid twenty percent would be short termtreasury six months, pang five percent or
a really good utility stock. PaintedEven in the top ten percent would be
things like XRP or Theta or bitcoinor good mining shares. And the theory
is if I lose everything on thetop ten percent and make nothing on the

(31:11):
middle twenty or thirty, I don'tgo backwards because the base of my pyramid,
which are conservative stable assets, arebig enough to allow me to speculate
up above, and so I thinkit's important to have those types of speculations.
But for me, because I don'tunderstand it as well, I keep
it to a very small allocation ofmy asset base. Sure, am I

(31:36):
the pizza guy is the pizza guyallowed to educate you, even though I'm
not a financial advisor, and youshould never follow anything the pizza guy tells
you financially speaking. Bigcoin was atest, just like the motor roll of
brick phone was a test to makesure that they could build one. Nobody
today. You don't see anybody walkingaround with the motor roll of brick phone.

(31:56):
Okay, motor role. The brickphone represents what bitcoin, what bitcoin
is and was and is about togo away at some point. It will
go away because it holds no intrinsicalvalue simply because it does three transactions per
minute. We're going into a worldthat we're going to be moving conservatively,
conservatively fifty quadrillion dollars per year.We're moving into a completely different world,

(32:17):
one hundred and eighty degree turn fromwhat it is to what it's going to
be. And bitcoin just doesn't cutthe mustard. I could tell you that
emphatically. The Lightning Network, whichthey tried to speed it up for the
longest times. I was on board, down with demand, down with the
institutions, and up with bitcoin.Okay, I was with that. Okay,
I when I learned about XRP andthe light sort of you know,

(32:40):
went on in a very very bigway, and we understand that we could
prove be on a shadow of adoubt. That's scale about the three point
five trillion transactions per second. It'snever made a mistake. We've already moved
trillions of dollars. The lawsuit isall of Kabuki Theater. Lawsuit for the
masses, because I do believe thatthere's going to be pull it, just
sorrow to sorrow. Pull it atthat jubilee, pull it, you know,

(33:02):
uh, Saint Germaine's trust. It'sall the same thing. Anyway,
I could tell you that that isgoing to take place, not maybe one
hundred percent. You could bet allthe gold you own and all the silver
your own. You'll double your bags. There's a guy by the name of
Bick Sweer. He's a good friendof yours. He lives over in Laguna
Beach. If I'm not mistaking,nice guy, incredibly smart when it comes

(33:24):
to silver, except I hate totell you, Bis you don't know jack
about jack when it comes to XRP. And I would love for me and
let's say my friend James Anthony orBlack Swan or maybe the two of them,
and he could bring whoever he wants. And because see we got you
see we've been at this for eightyears. After eight years, would you

(33:44):
say that we might learn a thingor two? And Andy yeah, okay,
we are. We have what's behindus, the facts, the facts
with backed up by what truth,logic and common sense. We could prove
all day long that well we're talkingis going to take over the world.
Gold and silver are gonna play amajor part in this whole thing. So

(34:06):
you're sitting pretty, you're okay,okay, But again, for the people
that don't understand, this is notcomplicated. This is God's money. You
buy it, you put it withyour underwear, draw whatever, and you're
safe. Get your shotguns because you'regonna have to protect it if things really
if the ship does hit the fan. But I will tell you this,
I like big swear. Nice guyknows a lot about silver, knows a

(34:28):
lot about gold. But when youwhen a guy like that who's got a
massive audience, okay, talks smackabout something he knows nothing about, and
I'm willing to challenge him publicly.Not the I'm a wise guy, but
maybe I am. You know whatI mean. I just, you know,
I just want to set the recordstraight because I think it needs to
be said straight. XRP is goingto be a force to be reckoned with.

(34:51):
Hence the reason why the lawsuit theygot to slow it down because we're
going into a transition, and thetransition is huge. It's the biggest train.
It's for of wealth. We're livingthrough it right now. Get used
to it in gold and silver.Like I said, we'll play a major,
major part. But that acid rightthere, Make no mistake about it.
The Ripple Company, the XRP storywill be the greatest story ever told

(35:15):
when the smoke clears, and thatsmokes about the clear um. I don't
think we're gonna go to the SupremeCourt. If that does happen, we'll
win there too, but you betterpush the you know, the can down
the road probably twenty twenty five ifthat does happen. Let's hope that that
doesn't. I don't believe it will. Where are you how many are you

(35:37):
allowed to say? How much ofa toad you dipped into water? Was
a half a toe? Was itthe whole toe? Or was it just
a little, very small amount.It's a very very small amount of cryptocurrencies,
and you know it's a it's ahalf a toe if that And it's
my way of just not wanting toshoot myself if if I miss out,

(36:00):
because there are guys like you andblack Swan and others that I respect talking
about it so here again, whileit doesn't resonate with me deeply the way
that gold and silver do, I'mnot naive enough to not say that,
you know, maybe I'm wrong.I've just learned that I have best success

(36:20):
in doing what I know. Andmaybe that's a naive position, maybe it's
one that keeps me from fully takingadvantage of opportunities. But you know,
you've been around the block as longas I have. You learn what works
for you. And there have beena lot of opportunities thrown at me.
A lot of them I've taken advantageof and wished I didn't. Some I'm

(36:45):
glad, I tell you. Itook two days off. I went to
one of my favorite beaches here calledPunta Leona, here at Costa Rica.
Just got back yesterday at an incredibletime, and I met these guys from
Texas, a bunch of good oldboys, you know, my kind of
people, and I started talking tothem about bitcoin and XRP and the difference

(37:08):
in the history and all of that. I says, imagine, as says
you were sitting in the water.They're drinking their you know, m beers
there, you know, but Bolls, yeah, exactly, And I says,
imagine, let's go backwards fourteen yearsand I'm sitting here pitching you bitcoin
at point zero zero zero eight ofa penny. That means for a penny

(37:30):
you could buy eight bitcoins. Fora dollar, you could buy eight hundred.
For ten dollars, you could buyeight thousand. And bitcoin today is
that, you know, almost thirtygrand as imagined that? Okay, I
said, the opportunity today is thesame with XRP XRP Andy is the final
and improved bitcoin after this in thirtyyears, forty years, forget about it.

(37:53):
Like we're saying Brooklyn, money isgoing to cease to exist because technology
is going to take over can provideyou with anything you want. Making money
up seat gonna take fifty years becausehumanity is a bunch of f ups.
Yes, Can it take sixty becausewe're screw ups, Yes, but it's
going to ultimately disappear. Technology isgoing to speed up every year, conservative

(38:19):
by by twenty thirty years. Imean it's every year. It's gonna be
like twenty thirty years in advancement becausewe're not going to have the forces that
are going to hold everything back.Does that make sense? No? No,
I mean it's already you can alreadysee it accelerating tremendously as is.
So No, I don't again,this is why I've dipped too. Sure,
sure, I'll tell you what Iwant to do a testiment you.
I know you're a busiest guy inthe world, but man, if you

(38:40):
ever find the time, go toour website QUFS seventeen seventy six dot com.
We have about thirty six videos.I promise you, whether it's you,
whether it's the Indy checkman, orwhether it's the guy that works at
Subway, or whether it's a guythat works at Wall Street. You go
to our website QUFS seventeen seventy sixdot com and you watch the videos.
It was about thirty six or thirtyeight of them in order top to bottom.

(39:05):
They're put in a sequential chronological Theseare the most elementary videos you'll ever
find on XRP the quantum financial systemwhere this iron thing is going. I've
had people call me Andy from Germany, from Sweden, from Italy, from
all over the world saying can weplease take your website and translate it over
My answer is always the same knockyourself out. I'm not here to take

(39:30):
over the world by myself. I'monly pizza guy. I'm a small guy
with a big chair, right right, So if you are ever to go
there and watch the video stop tobottom, you're gonna get something. It's
called fomo fear of missing out.And I guarantee you the next time we
have a meeting, well, thenext time you and I do a podcast,
you're gonna say, mel I didn'tstick my foot, I didn't stick

(39:52):
my toe, and I stuck mywhole should try and do these a little
bit more often. It's been along time since we've done one, and
while I've been busy, I'm alwayshappy to come back on. I agree,
and I think, you know,I'm getting better. I'm like wine,
you know, I get better withage. So I've been you know,
I've done about a thousand of theseat this point. So I'm getting
really comfortable in front of the camera. I'm not nervous at all anymore.

(40:14):
So yes, you're right. Yeah, Well, if I'm going to do
something, I got to get tothe top of my game, you know
what I mean. So, yeah, if you're that good at what you
do, I'm sure you make ahell of a pizza. I made one
of the best pizzas in the world. Not to get off track, but
I'll tell you a cute little story. My brother wanted me to be partners.

(40:37):
We opened up Soprano's Pizzeria. Whenwhen Soprano was in the height of
its success in New Milford, NewJersey, I was living on the beach.
I was a bachelor. I wasliving the most incredible fantasy bachelor life
any bachelor would want to live.I had a nice, you know,
penthouse apartment on the water in abuilding called the Manatee right in serf side.

(40:59):
Uh. And like I said,I was living incredible life. My
friend came down to visit me fromNew Jersey. We used to hang out
with this whole crew in Garfield,New Jersey, and we went downstairs.
We went to go fishing, andthe lifeguards. This is during the season.
The lifeguards moved all the tourists outof the way. He goes,
hey, guys, you got tomove because mel and his friends gotta fish.

(41:21):
I was like a gangster. Ihad a lot of respect from a
lot of people, and they movedall the tourists so that we could fish.
And that day, Andy, Idon't know why we couldn't finished putting
the hook in the water. Wewould catch a fish like that. We
caught twenty seven fish. We cameupstairs. My phone starts ringing, and
who is it? It's my brothertrying to grind me down to go to
New Mill for New Jersey to takea piece of the shop. And I

(41:43):
took over the shop. I'm gonnafast forward, I'm gonna skip through all
the fluff. And we changed thename from Maria over to Sopranos. Put
a very exotic style of pizza thatwe found in South Beach, which is,
you know, very very exotic toppings, not you're run of the mill
pepperoni and sausage, that kind ofstuff, you know. And next thing
you know, we change the nameSoprano. My brother says, are you

(42:05):
crazy? You can't change the nameSoprano because you know HBO owns the name.
I said, listen, you're notan attorney, and neither am.
I let me call my attorney.So I called Troy. I said,
Troy, could we do this?Could we lock up the name Soprano's pizzarea?
He calls me back. Andy intwenty minutes. He said, not
only could you lock it up becausesoprano has to do with something with a

(42:28):
singer's picture the voice, not evennot even HBO can trademarket or patent it
because if you want it, goes, I can lock it up for the
entire state of New Jersey for twohundred and eighty eight dollars. I said,
what are you waiting for? Let'sgo. So we put up the
name, we change the stylus Heatza, we build our whole counter with thirty
eight flavors. And let me tellyou something. There was a line outside

(42:52):
the door. Okay, if youwanted to te pizza from this dude,
you're waiting forty five minutes to buyyour two favorite flavors. But minutes.
Yeah, so yeah, that's atrue story. And uh you know,
but I'll tell you what. Igave up an incredible lifestyle to go do
that, and had I known whatthe outcome was going to be, which

(43:15):
I don't want to get into theinto the air my dirty laundry. I'm
sure everybody, every family out therehas got some dirty laundry, me included.
Okay, I would have never doneit, you know what I mean?
But it is what it is.You know, life is all full
of experiences. Is what you doand how you dust yourself off, and
how you pick yourself back up,and how you move forward to counts.

(43:36):
You know what I mean. Butand listen, it was a pleasure.
I'm gonna hold you off a littlebit. Guys. If you want gold
and silver, okay, the promocode mal Carmine. Don't even waste your
time looking for cheaper prices. Theyalmost don't even exist. Okay, we'll
get you the gold directly to yourdoorstep deliver. It doesn't matter whether you
buy one hundred dollars worth or onehundred thousand dollars worth, or like one

(44:00):
my clients one point two or onepoint four million dollars recently. Whoever you
are, thank you and we'll catchyou on the next week. Guys,
make sure you spread this video fourand hyde we'll catch you before I let
you go. And people can goto the Miles Franklin website and at the
checkout they would put in mel Carmine. But the if that only is up

(44:21):
to ten thousand dollars anything over that. If you if your listeners are looking
for larger orders, make sure theysend us an email at info at Miles
Franklin dot com, say Mel andMel Carmine sent me, and we'll make
sure that we send them a pricelessand make sure it's a really good experience
on every level for all sizes ofyour listeners at want to purchase precious medals.

(44:43):
So no order minimum, no ordertoo big. And appreciate the time
here and the association, and I'lllook forward to picking up where we left
off real soon. Absolutely so ifthey want to buy fifty dollars worth,
they could, or or fifty million, they could anything a million dollars worth,
see that. Okay, Hey thereyou go, all right, thank
you, Andy. I'm gonna holdyou over for a couple of minutes if

(45:04):
you don't mind. I know you'rebusy, but guys, get this out
there. Thank you,

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