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March 22, 2024 57 mins
Matt Couch and Kirk Elliott Discuss How to Survive Financially in Joe Biden's Economy



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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(01:00):
Friday. To you, it's Fridaymorning and you're on the East Coast.
It's afternoon, so I you know, if you're on the East Coast,
I guess it sucks to be you. But I'm excited at this point in
time. I got I got aguy that I've been watching for a long
time that I'm about to bring inhere in just a second. And you
guys probably know Kirk Elliott. Heis, in my opinion, of financial
guru. He may say otherwise,but I've been following this guy's advice and

(01:23):
stuff he said for a long longtime. You've seen him on Alex Jones,
on Info Wars. You've seen him, you know, on the Hodge
Twins. You've seen him all overthe place with other friends of mine.
So I'm super stoked to bring himon. We're going to talk about,
as you know that the country isliterally in shambles right now and everyone's worried
about, you know, what's happeningwith the economy, how do we protect
ourselves? And there's no one thatI would rather go to than this guy

(01:44):
right here, Kirk Elliott, thego to guy for me. Like I
said, Man, I'm fanboy inhere. Kirk so it's honored to have
you on the program. Well,thank you for the kind words. It's
like, on my word, whois this guy he's talking about? Sounds
like a nice guy. No,thank you how much I really appreciate that.
And you know, it is absolutelya labor of love for me to

(02:06):
actually spread this message. And youknow what, people on people who need
help love it, and pretty muchpeople on the left hate it. But
you know what, it's because it'sspeaking truth. What else? What else
can you say? Yeah, no, I mean one hundred percent. I
mean we saw videos you know thatcame out yesterday and I think you you
know, literally of people overrunning ourown military on the southern border by the
tens of thousands, and they gotto a second gate that the US military

(02:28):
was just lucky enough to shut reallyfast to keep them from getting over the
wall there. So we had,you know, I mean, this is
the this is where we're headed asa country. And everybody that I know
of that you know, you know, Kirk, they can't afford groceries.
They're worried about how they're going topay their bills, they're worried about their
portfolios, they're worried about you knowwhat's going to happen in the market.
They see wars on multiple continents,and when you look at all of that,

(02:52):
you have to go, man,what do I What do I do
to protect my family? And that'swhy I love listening to you. Know.
I saw you, you know obviouslywith Keith and Kevin, you know
as well, I've seen you withAlex and uh I just you know,
what do you what's your If somebodywas saying it was to say to you,
man, what do I do?You know? What do I do?
Because because most people don't know,and I'm gonna I'm gonna turn it
over to you and let you kindof talk for a second here on this.

(03:13):
Well, there's I think there's twoparts to that that answer, Matt.
Number one is what should we notdo? And then you know,
because when when something is coming down, you get out of it as soon
as you can. When something's goingup, you get into it as soon
as you can. Right. Soif you if if you were to ask
me this five years ago, let'ssay, and when Trump was in office,

(03:36):
or we could have done the samething when Reagan was in office,
because they had very similar economic policieswhich were lowering taxes, lowering interest rates,
creating jobs. When you do that, people are working, people are
spending. Stock market booms as interestrates are coming down, the bond market
booms, real estate booms. Right. So, so back then, somebody

(03:57):
say things are just not right,right, you know, the stock market's
feeling like a little overvalued. I'mjust gonna sit sit out and pull it,
sit in cash. I'm just gonnapull out and sit in cash.
Well, you know, back then, my answer would have been that's awesome.
You know, if you're feeling uneasyabout the markets, just sit in
cash, wait till things come down, and then you can buy on the
dip. Right, I mean that'swhat everybody would do. But I can't

(04:20):
say that that's a good answer nowbecause now the banks are failing. Banks
are undercapitalized, they're running out ofmoney, and so you can't just sit
in cash. You have to dosomething different with it. So I want
to unpack that just a little bit. So if we go back to January

(04:43):
of twenty twenty three, I wasI was doing some shows back then,
and I was warning everybody that theFDIIC was under insured. They only had
one point seven percent of all depositsinsured. You know, you're checking account
savings account CDs, all of thatonly one point seven So it's like,
forget the two hundred and fifty thousanddollars FDIC insurance that everybody thinks is there,

(05:06):
right, it's not. They hadone point seven percent coverage of all
deposits. Okay, So then whathappened in March and April. Remember when
Silicon Valley Bank went under, Matt, I mean it it read havoc in
the market. Yeah, and itwasn't just them. Silicon Valley Bank,

(05:28):
Signature Bank, Credit Swiss, SilvergateBank, First Republic, five big regional
banks all went into FDIC receivership.So then you know, the FED was
applauded and people gave them, youknow, props and said, good job,
you stopped the bank run. Andwhat did they do. They didn't.

(05:49):
They didn't fix anything. They puta band aid on it. Right.
So so the band aid was calledthe Bank Temp Funding Program BTFP,
which is like stimulus money that theywere They just kept printing money and putting
it into the banking system so theywouldn't fail. They didn't want the banks
mail because I mean, think aboutit, if it were you or me,

(06:12):
or anybody watching the show, whichthere's a bajillion people wanting the show.
Is Okay, what is the safestasset in your mind that you have.
It's generally your bank account. Yeah, so if people lose confidence in
the banking system, the whole financialsystem goes into disarray. So so they

(06:34):
had to keep that thing from goingunder, and so people thought that they
did a good job. They stoppedthe bank runs. All they did was
inject stimulus money into it. Right. So so fast forward to today.
So on March eleventh, which wasa couple of weeks ago, not even
a couple of weeks ago, thatprogram sunset. It expired, it's gone.

(06:58):
The FED said, hey, we'rewe're not going to actually keep this
stimulus money going to keep banks open. So it's done. So what does
that mean. It means the nextbank that is on the verge of going
under, they're not going to getany stimulus money. It's it's over with.
So that means they will go intoFDIC receivership and FDIC will have to

(07:19):
bail out the depositors. Oh bigproblem here, Because I was looking over
the weekend and I just wanted tocheck and see how much money did the
FDIC have now, because there werefive big bank failures last year. So
remember in January one point seven percentof twenty twenty three one point seven percent

(07:42):
deposits. Now they have zero pointseven four percent of all deposits are insured.
So those five banks eliminated more thanhalf of all of FDIC's assets.
Okay, so last week there werethere was this guy. I wish I
could re member's name, but he'sthe CEO of some big, massive national

(08:03):
real estate company. They probably dolike subdivisions, office buildings, apartment buildings,
you know, big, big,huge developer. Well, he was
on Yahoo Finance and he said,you know what, I get lending all
the time. It's what we do. We finance every project we have.
My prediction is we're going to haveover five hundred banks fail in the next

(08:24):
two years. Five hundred. Lookwhat happened last year when five went under.
It was brutal. Right, Solet's just say though that this guy's
the dumbest person on the face ofthe earth, right right, and he's
wrong, And only ten banks fail, not five hundred, Well that's still

(08:45):
double of what did last year.They cut half of fdiics so I think
this is the biggest financial story ofthe year is we are going to have
bank failures two point zero, butit's going to be bank failures on steroids
because they're so undercapitalized. So buthere's the thing, I'm not going to
take just some CEO's word for it, who obviously lives and breathes these markets.

(09:07):
Let's go to the best banker inthe world, right, Okay,
So who is that? That wouldbe Jerome Powell, Chairman of the Federal
Reserve. You know, probably selfproclaimed best banker in the world, but
he thinks that his job, right, So so he said last week he
said, you know what, Ithink we're going to have bank failures this

(09:30):
year because of the the collapse ofcommercial real estate. So he just said
that his baby, his banking systemthat he's in charge of, they're going
to see bank failures, which issaying I'm not doing a good job.
That's what he's saying. Right.But so you've got all these people now
saying banks are going to fail.But why do banks fail? Right?
So I know this is a longanswer to your short question, but but

(09:56):
banks fail because there's more withdrawals comingout than deposits going in and they simply
run out of money. It's justsimple, right. That's scary. It
is because under Biden's amazing economic planfor America, which is what raising taxes,
raising interest rates to slow down inflationthat they're creating by printing money out

(10:18):
of thin air, lowering people's wages, and eliminating jobs. Right, that's
what he does. Right, Sothat's the opposite, exactly the opposite of
what Trump and Reagan both did.Trump and Reagan both lowered taxes, lowered
interest rates, created jobs, wageswent up, and the economy boomed.

(10:41):
So logic tells us when you havethe opposite of that, you're going to
have a bad economy, which iswhat we've got, right. But you'll
you're never really going to hear thatfrom the Biden administration because they lie.
Lies, Jerome Powell lies, they'reall lying to cover this thing up.
And so I've got proof that they'refivving about it. So last week of

(11:05):
the job numbers came out and theywere bragging about how they created two hundred
and seventy five thousand jobs, Butthey don't mention the thirty you know,
thirty million jobs they cost during COVID, right, they're still still having came
back. Yeah. Okay, sothis is where it gets squirreling, Matt,
because they're bragging about how two hundredand seventy five thousand jobs are created,
but yet unemployment went up. It'slike, wait a second, how

(11:28):
do you create jobs and unemployment goesup? Makes zero sense. Unemployment should
come down if they're creating more jobs, right, So so ask your question,
Kirk on this is that because peopleare getting second and third jobs because
they can't afford to live. Isthat that your theory on this part of
it? That's that's half of it, yes, And the other half is

(11:50):
they they cook the books, theyfudge the numbers with their algorithms. So
so let's just say, okay,Matt, let's just say you lose your
job and you're walking down the sidewalk, pounding on every single storefront saying,
hey, would you hire me?No, Matt, we don't want to
hire you. You go to thenext one map he says, can I
get a job? And nope?And you do this for six months,

(12:13):
nobody's hiring you. So by thispoint you're so stinking discouraged that you say
I'm just gonna give up. I'lljust go live under the bridge for a
while, right, And so areyou employed at that point? Are you
still unemployed? Well, I meanobvious, if you're living under the bridge,
you're not doing right. You're stillunemployed. But because you've voluntarily decided

(12:35):
to stop looking for work, theBureau of Labor Stistists six pulls you out
of the numbers. They consider youemployed because you voluntarily stopped looking. So
this is how they can say unemploymentis reducing, right, even though the
number of people not working is increasing. I mean, it's so bappening,

(12:56):
it is stupid. Yeah, basicallythe nation we have nearly a million homeless
people that we know of in theUnited States. Twenty five percent of them
are in the state of California,of all places. So you're telling me
that basically, if somebody says,you know what, I give up,
I'm just going to be homeless,they literally pull them out and be like,
oh, yeah, they're not lookingfor work. It's insane, correct,

(13:18):
it's insane. So let me giveyou another example, and this one
has to do with inflation. Right, So a lot of your viewers will
remember early nineteen eighties, like nineteeneighty three. If you were to buy
a house back then, the thirtyyear mortgage was eighteen percent if you had
good credit. Wow, eighteen percent. So why did they do that?

(13:41):
Right? So, as an economist, they've got PhD, a couple PhDs
in this and stuff. It's like, okay, why I don't care what
the numbers are. I want toknow how we get to those numbers,
why these things happen, because onceyou understand the why, you can make
a wise decision to be in theright place at the right time. Right.
So, so inflation was fourteen pointthree percent then, and so the

(14:05):
only way that you can slow downinflation with interest rates is if the interest
rates are higher than the inflation rate. It's just that's how it works.
So so inflation was fourteen point threeSo Reagan said, let's just jack up
interest rates. Let's just jack upinterest rates to eighteen percent, because that'll

(14:26):
that'll stop it. Now, America, this is going to be painful,
right, but we have to stopthis inflationary beast. So what happened.
It stopped inflation. It stopped theinflation from the Carter years, which sucked.
I mean, Carter was bad.He's so Carter might be the only
person right now who's sitting there cheeringthat the economy is so bad under Biden

(14:50):
because he's no longer the worst economicpresident ever. Right, it's like,
okay, bien that prize because he'sterrible. So so fast forward to to
well, actually, don't fast forwardto today. Fast forward to nineteen ninety
six. Okay, nineteen ninety six. Bill Clinton changed the way that inflation

(15:13):
was measured because he didn't want soso many like cost of living increases and
everything are tied to this official rateof inflation. He wanted to reduce government
spending, so he created the boskand Commission, a congressional commission, to
say, hey, figure out away to understate inflation on purpose, so
we can stick it to the peoplewho voted for us. Right. It's
like, so much for the Partyof the People. Right. But so

(15:35):
they did, and this is howthey do it. This is what I
did my first dissertation on I developeda new methodology for measuring inflation. So
what they did is they put substitutionbias and hedonic price adjustments into the inflation
numbers. Meaning the CPI, theconsumer price index, is a basket of
goods. There's like thirty goods thatthey measure from point A to point B

(15:58):
in the say, oh, ifthe price of steak has gone up thirty
percent, this part of our ourinflation numbers went up thirty percent, right,
So so they decided, hey,if steak goes up thirty percent,
we don't want that in inflation.So let's replace steak with hamburger. And
Hamburger's forty percent less than steak.So what did they say happened to the

(16:21):
price of steak? Remember it wentup thirty percent, but they now say
that it went down forty percent becausethey replaced it with something cheaper. Well,
it makes the number completely bogus,right, So this is why.
And like, let's take gas forexample. You know if they if they
put some additive in the gasoline andit makes the air ten percent cleaner.

(16:44):
So let's say the price of gasat the pumps went up forty percent,
but it made the air ten percentcleaner. What would they say. It's
saying, well, gas got tenpercent cheaper. No one didn't went up.
But so that's the perception of thevalue of what it gives you.
So now I don't my wallet doesn'tcare about perception of cleanliness of air.

(17:10):
My wallet cares about how much amI paying for a gallon of gas?
Right, so these numbers are nowcompletely bogus. So with their bogus numbers,
inflation is now three point eight percent. Wow, it's not Look at
the price of gas, Look atthe price of groceries, Look at the
price of cars, look at theprice of educations, look at milk,
look at eggs. Yeah, Imean, and here's another thing, Kirk,

(17:30):
And you can probably explain this betterthan I can. What people don't
understand is once eggs hits three orfour bucks a carton and milk HiT's five
six seven dollars a gallon. Youknow from your expertise, those prices don't
go down quickly once they hit acertain level. They don't want to bring
those back down in a hurry becausethey're making crazy money, right, Yeah,
I mean, they're so they're sticky. They're they're not sticky when they

(17:52):
go up, but they're sticky whenthey want to come down, right,
So they go up quickly, butthey come down slowly. That stickiness is
where we are right now. Eventhough wages are declining, prices are going
up. People are pinched right,they're living handmouth, like what you talked
about earlier in the show. It'slike people can't afford to live under this

(18:14):
economic plan for America. So whenpeople can't afford to live, and when
the perception of the future is nota good one, they pull in the
reins. They start saving for arainy day. They stop spending, which
means corporate earnings revenues, profits aregoing to come down, means the stock
market's going to come down. Andso when there's no spending, there's no

(18:37):
sales tax revenue, which means thencompanies are going to lay off. Now
there's no income tax revenue. See, every policy that Biden has is causing
a reduction in government revenues, butan increase in prices for people. So
that means they're going to have toprint money to fund every single program they

(18:57):
make, whether it's raising the debt, sealing, funding Ukraine, all the
entitlements, Social Security, Medicare,Medicaid, women infant children programs, food
stamps, and Department of Defense,all of that there's no money coming.
Right. So now let's add athird thing to Biden's horrible economic plan for

(19:18):
America, and that is so notonly are they creating inflation, raising interest
rates to slow that inflation down,unrelenting spending of money. Well, now
the bricks Nations, Brazil, Russia, India, China, South Africa,
they're rising up, right, Sothey've been rising up for a couple of
years. And in August of lastyear, Putin at the Bricks meeting said,

(19:44):
and smugly, he said, we'regoing to dedollarize the world. It's
irreversible. And this is our objective, is the bricks Nations. Okay,
so take this with a grain ofsalt. When Putin speaks, he wants
he's just gonna to say what hewants the world to hear. Right,
But there's a difference in in messaging, right if like, if you're telling

(20:11):
the truth, you're very confident inyour voice. If you're telling a lie,
you're kind of shaky and you're sortof shifting around. So he was
very smug, he was very confident, and so it's not just the narcissist
that he is. There was somethingelse behind that statement that I thought,
what does he know that we don'tknow? Right? So then a I

(20:36):
would be confident too if Biden wasmy opponent, for one, I mean
number two. Three days after hemade that comment, they added Saudi Arabia
and United Arab Emirates into the BricksNations, and then two months three months
after that, they added Egypt,Argentina, Ethiopia, and Iran. So

(20:59):
now the Bricks Nations have six ofthe nine largest oil producers in the world.
And what did they decide to do. They said, We're not no
longer going to use the US dollarto pay for oil, which is the
petro dollar. We're only going touse our own currencies. So that builds
up demand for their currencies, reducesdemand for the US dollar. That petro

(21:21):
dollar is the only reason why there'sbeen demand for our currency, which has
allowed us to print money without discretionand without ceasing what you know, anybody
else if you were to print asmuch money as we did, whether you're
Argentina, Venezuela, Zimbabwe, yougo into a hyperinflation because there's no more
demand for your dollar because people thinkyou're print you're treating it like monopoly money.

(21:44):
So this is what why Putin wasso smug, because he knew that
they were going to destroy the dollar, decreased demand for it, increased the
value of their own currencies. Sonow when when we go up to debt
ceiling talks coming up again, whatthroughout history Congress has always said, let's

(22:06):
just raise the debt ceiling. Youknow the ramifications of not raising the debt
ceiling. The government's gonna shut down. Shut down the government. That means
if they're shut down, it meansthey're not spending money. That's probably a
good thing, right, But sothey always raised it because there was built
in demand for our currency and theyknow that they can pay for it.
Now we don't have that anymore,so we're gonna have to have discretion of

(22:27):
spending. But they're gonna print theirway out of it because they can't raise
taxes anymore. And if they keepraising interest rates, it's gonna put us
into a deep recession. So Ipaint this picture to say Biden's economy stinks.
So the first step in your questionis what do we do get out

(22:48):
of these failing markets? Because everythingI just talked about will cause the stock
market, bond market, in realestate to come down. But everything that
I just said actually causes gold andsilver to go up. Right, So
these tangible assets always rise during timesof inflation, And think about it.
If it's a thing, it goesup with inflation. We already talked about

(23:11):
eggs and milk, groceries, bicycles, cars, oil gas. If it's
a thing, it goes up intimes of inflation. Well, you know
what. Gold and silver is athing, right, So that's why they're
performing so well. But they alsohave this non tangible, tangible effect in

(23:33):
people's minds, meaning as the foundationsaround us start to erode, gold and
silver throughout history have acted as aflight for safety kind of a vehicle.
So when stocks, bonds, mutualfunds are coming down and people say,
I want something that's real, Iwant something that's tangible. I want something
that I can trust. And there'sthere's demand for for tangible assets. So

(23:55):
you've got that. But here's boy, Matt, this is the I know
I'm dumping a lot on you,but no, no, and and I'm
just you know, I'm excited.I've got questions. But also it's it's
you know, you know where you'reheading with this. I mean how I
mean, I don't want to jumpahead right because I mean I've I've done
some research and I mean we've wrotearticles at dcpatrio dot com about this,
but our media is not talking aboutthis. Obviously, our government's definitely not

(24:19):
talking about this. But when youlook at commodity baskets and you look at
things like that, you know,Russia, China, Araan have all decided
to put their currency on the goldstandard again, especially and that's what the
bricks has done as well. Yep, and we're not there and that how
bad is that going to hurt ustoo? You know, kirk going forward
as a country. So that's avery good question and it opens up a

(24:44):
Pandora's box of an answer. Soyeah, So so you look at other
countries and I want to I wantto encourage everybody who's listening, don't listen
to what they say, watch whatthey do, right, because actions speak
louder than words. So, fordeck, central banks around the world have
been pooh pooing gold and something.It's like, oh, it's an ancient
relicant, stupid. Why don't youjust take our fiat based currency, our

(25:07):
money because we can control the growthand shrinkage of the economy by raising interest
rates, printing money whatever. Right, So they said it's easier, Well,
China now has over five thousand tonsof gold, not ounces, not
pounds, tons, five thousand tons, that's a lot of gold. The
European Central Bank has ten thousand,five hundred tons, the Fed has eighty

(25:30):
five hundred tons, Russia has onethousand tons, Kazakhstan, who's Pakistan,
India all have over six hundred tonseach. It's like, man, that's
a lot of gold. So whywhy are they amassing thousands or hundreds of
tons of gold? Because I thinkthey know that the system that they created
is broken and there's a change coming, right. This is why states like

(25:52):
Texas are voting in May to havea state chartered central bank backed by gold.
This is why Oklahoma has similar legislationpending. This is why Florida wants
to do the same thing. They'repulling away from a central bank. Fiat
based money meaning just print money atwill. That's what FIAT means by decree

(26:14):
so and going into something that's real, in something that's tangible. Now,
why would they do that, well, because they know that the system that
we have is broken. That createsinflation, It's a system based on debt
and so now, since twenty nineteen, there's a movement globally to replace the
current financial system with a digital currency, central bank digital currency. So this

(26:40):
is where it starts to get reallyreally ugly and really really fast. So
they're going to say, central bankdigital currency is great because it's complete transparency
of all transactions. So we canfind money traffickers, you know, you
know, money launders, We canfind human traffickers, drug smugglers, arms
dealer, you know, because weknow the source of funds and the use

(27:02):
of funds and it's an instantaneous Howdo I know that it's instantaneous. Don't
take my word for anything that Isay. Look at the source documents and
I'll show you. You go tothe Bank for International Settlements, look up
Project Icebreaker, and that says ifthe ideology of the use of the funds

(27:22):
doesn't match up with ours, we'regonna cut off bankwires, which means if
they don't like what you're spending moneyon, they're gonna divorce you from your
money. They'll just shut you off, right, And then Project Aurora basally
yes, so, and Project Aurorasays, real time transaction monitoring for every
person in every bank in every country. That's everybody, right, So why

(27:45):
do you need real time transaction monitoringto test if the ideology matches up with
theirs. Now, this goes toreferences the World Economic Forum meeting at the
World Government Summit at Nabu Dhabi intwenty twenty doctor Pipamal Ngred and they're chief
economists basically, their spokesperson for theWorld Economic Forum said, digital money,

(28:06):
central bank, digital currency. It'sprogrammable money, meaning based on your social
credit score, your digital social profile, your ESGS. If you're a company,
if we don't like it, wecan shut you off. That's a
programmable money means. So they're sayingthat money is going to be shut off
if the use of funds doesn't matchup. So let's just say you tie

(28:32):
it to your church. Well,they think that your church promotes hate speech,
cut you off no more. Thatchurch can't receive your money. What
if you drive a big gas guzzlingtruck and they want you to drive an
electric vehicle. No more gas foryou, Matt, no more gas.
You're not in it for clean climate. What if you buy too many burgers
and steaks and they say, whatwe told everybody there, we're going to

(28:56):
eat bugs and like it. Wedon't like it that he's buying steak.
We're gonna cut him off from buyingmeats before. Yeah. No, yeah,
So that's what programmable money means.Now let's add two more steps in
there. The United Nations has saidthat that how can they institute this,

(29:17):
So they want to institute this completelyglobally by September of this year in their
own documents, and they can haveemergency control of people's money, to separate
them from their money if there's aglobal health pandemic, if there's a financial
emergency, if there's a black Swanevent, or if there's an intergalactive event

(29:42):
in outer space. It's like whatwhat I mean? So basically they said,
if any of these things happen,we can control your money, and
we have authority to do so indefinitely. This isn't a limited time thing.
So now you look at that,and you go back to what Biden did

(30:02):
in twenty twenty Executive Order one fourzero sixty seven, where he said in
America, we're going to have centralbank digital currency. Then you look at
what the Bank for International Settlements hasdone saying we're going to packet everybody's assets,
their stocks, their bonds and mutualfunds, their bank accounts, they're
houses anything, that has a titleinto a packet and a unified ledger.

(30:26):
Now the unified ledger, since it'snow digital, they can just change ownership
on the one with the flip ofa switch. Well, how can they
do that? So this goes allthe way back to two thousand and nine.
Remember when Layman Brothers and bear Stearns, you know, collapsed and went
under, caused the big financial rushingcorrection of two thousand and nine. What

(30:48):
did they do. They changed therules for financial institutions then, and they
said because because bear Stearns and LaymanBrothers, they had so much derivatives debt,
so much debt that they couldn't payor that they needed more collateral.
So what they did is they changedownership of your bank accounts. People didn't
know that this happened, but it'sbeen in effect since two thousand and nine.

(31:11):
So your deposits in savings accounts andyour checking accounts and your brokerage accounts,
Matt, they're no longer yours.You are now a beneficiary of that
because you gave ownership to the financialinstitution. So because they had to do
that, because how can you pledgecollateral to your debtors if you don't own

(31:33):
it. Like if I weren't debtup to my eyeballs and I had to
pledge collateral to this debt, orit's like, all right, I'm gonna
I'm gonna Matt's not using his car, it's stuck in the garage. I'm
gonna pledge his cars collateral for meto pay off my debt. We can't
do that, you'd say, Kurt, get out of my face. You
can't pledge my cars collateral because Idon't own it. And the same thing

(31:56):
with banks. They can't pledge collateralssomething they don't own. So they changed
ownership to them. We are nowa beneficiary of our own deposits and they'll
give it to us if we needto. So this is how this unified
ledger. They can flip off theswitch of ownership. They don't even need
our permission because we already gave itto them. When you open up a

(32:19):
bank account, you know that folderthat you get with all the papers in
it, it's in there. You'reno longer the owner of it. So
this is all happening now. IfI were to tell you, hey,
Matt, we've got this central bankdigital currency thing, it's going to be
pretty sweet. We can cut youoff from buying or selling if we don't

(32:39):
like you. Are you going tosay sounds like a good deal. No,
you're gonna hate it. And here'sthe thing, everybody, I don't
care what your political persuasion is,you're going to hate this because people on
the left are going to say,if Trump had the ability to cut me

(32:59):
off buying or selling, I can'tstand that guy, just like people on
the right are saying, if Bidenhas the ability to cut me off for
buying or selling, I can't standthat guy. So it doesn't matter who's
in charge. It's the point ofhaving spyware on your bank account, the
ability to cut you off from buyingor selling. Nobody's going to like that.
So therefore, how do you getpeople to want that system. You

(33:22):
create a crisis that's so bad,like a banking crisis, a financial crisis,
where if people can't afford to feedtheir family or pay their rent,
or pay their mortgage, or paytheir utilities or anything, they'll say,
government, please fix it. Please, We'll give you up. We'll give
up our freedoms, we'll give upall of our freedoms. Just make sure

(33:45):
that my family doesn't start. See, this is where I think that we're
headed. This is very Hegellion innature, you know that, the old
pilosphere. It's like, if youcan't get something voted for, well create
a crisis. It's so bad thatnow all of a sudden, what you're
looking for it's good. It's likea distinguished gentleman with Eddie Murphy in real
life. Yeah, exactly, exactly. So this is where they're headed.

(34:07):
And this is why I'm shouting itfrom the rooftops to anybody that will listen
and have been for a while,because I've been reporting on this for a
couple of years now. And thatis, you can't have too much money
in the banks because I think thatthey're going to fail. Right, so
you can't get rid of all ofyour cash. We still live in a

(34:28):
cash world. You still have expenses. You still need to have an emergency
fund, right, but try theyhave three to six months of expenses in
cash. Anything over that, Iwould put it in silver. You know,
five years ago you'd probably been finekeeping in the stock market or bond
market because it was growing. Butthat's very flawed and it's held together with
stimulus money you know that band aidthat they put on the banking crisis with

(34:51):
the stimulus money. You pull thatthing off. There's still a huge gaping
wound under there. They never healedthe wound, they just covered it up.
And so this is where we're headed. So how do you protect silver?
I would do silver. You know, in the last month, silver's
up ten percent, ten percent inthe last month. In the last sixteen

(35:13):
months, silver was seventeen ninety sevensixteen months ago. Today it's twenty five
except like over forty percent in thelast year and a half. In the
last three and a half years,it's gone from eleven ninety one to twenty
five. It's up over one hundredpercent three and a half years. That's
a really good return, right wheneverything else seems to be faltering. And

(35:36):
gold's now at an all time high, right high, because people do not
like what they see in the traditionalfinancial markets. Now they're getting out of
dodge, they're fleeing for safety.Their supply is running out, demand is
going up. That always equals higherprices. And here's the thing. We

(35:58):
talked to hundreds of people every singleday. You know, we've got twenty
five thousand clients all over the world. What is there when they call us?
What are they? How does thatcall go? They're consumed and paralyzed
with fear, right or in America. We should not be paralyzed with fear
in America, But yet ninety ninepercent of the people that call me are

(36:21):
because And what does fear do?Fear does two things, and neither one
of them are good. Number One, it causes you to do nothing,
put your head in the sand likean ostrich in a windstorm, and hopefully
the storm goes away, you know, Or it causes you to make a
wrong decision. See what I tryto encourage people to do is look at
the logic. Listen to the lastthirty minutes that we've had on the show.

(36:44):
These are logic, This is math, this is real, This is
the you know, the legislation andthe rules that are being established. So
then once you understand that, youcan have a smile on your face.
It's like, Okay, I seethat this is here. It doesn't make
me happy, but there's a solution. When you know the solution, you

(37:06):
can have a smile on your face. And people who are allocated into tangible
assets in a world where their freedomis eroting where they could cut off your
bank accounts. See, that's thesecondary nature of gold and silver. To
me, it's not just a growthasset that's doing really well right now.
I mean that didn't do well duringthe Reagan years because everything else is booming
right but it certainly is to me, it's the only thing that's doing good

(37:29):
now. But that's almost almost secondaryto why people would want tangible assets right
now that are a private transaction becausethey want to get out of the system.
They don't want to have their digitalassets or their paper certificates, you
know, be flipped off with awe haven't talked about like social credit scores

(37:52):
or things like that, that wherethey want to take. You know,
let's say you're saying it's if weand of course this goes into the election
thing on November fifth, that's wholeother story, like you and I talked
about before we went on the air, but with what you're talking about also
why this is important, Kirk,guys want to throw this on the fire.
I mean, you've got a bigbonfire build. I don't know where
to, I don't know what thedraw I would not to at this point,

(38:13):
but they also are trying to makeit to where if you say something
that they don't like and your money'sin banks, right, your money's in
this, they're going to try tofreeze that. Just basically they don't like
something. They don't like your rhetoric, they don't like your tone, they
don't like what you said. Theywant to be able to freeze your assets
there too, because they're going totry to, you know, demean you
as dangerous or something. Right.Well, yeah, so since j six,

(38:37):
you know, a lot of mainstreamChristian organizations like Alliance Defending Freedom Family
Research Council, their bank accounts werefrozen because FENCEN said these are religious terrorist
organizations. It's like, what,well, they're not. But here's the

(38:57):
thing. They're social credit scores.What they think and believe. Their ideology
doesn't match up with the globalist ideology, and they're not hiding behind it.
They said from the Bank for InternationalSettlements, if your ideology doesn't match up,
we're going to block bank wires.If your digital social profile doesn't add

(39:17):
up, we're going to shut youoff from your money. I mean,
that's exactly what they're doing. Sowhy should we be surprised that these kind
of horrible things are happening when they'rebragging about it. Five years ago,
somebody would have said, this isa conspiracy theory. It's like, oh
boy, no, it's not atheory. It's a conspiracy against us,
is what it is. But it'snot a theory because it's reality. It's

(39:42):
actually happening. And so what weneed to do is be wise and prudent
and discerning and understand the times thatwe're living in. And then once you
do that and you act accordingly,well then you can get out of harm's
way and you can thrive. See. But what it takes is an action
step, but it's a leap offaith. It's like I don't know this

(40:02):
Kirk guy. You know, mapseems to like him, but I don't
know who he is. It's like, well, call us and see,
because what we'll do is we'll listento you. We'll listen to your fears,
your goals, your aspirations, everything, and map out a strategy for
success moving forward, to use tangibleassets like golden silver to protect you from

(40:22):
all that nonsense. And you knowwhat, if you don't like it,
you can say, hey, Kirk, thanks for your time, but take
a long walk off a short peer. I'm not interested. It's like,
right, okay, I mean it'syour money, it's not. My goal
and anointing and gifting in life isto educate and to put together a strategy.
And if you like it, that'sgreat. We have tens of thousands

(40:45):
of clients all over the world todo. But if you don't, that's
okay. It's no harm, nofault. My goal is to actually be
a purveyor of truth and help youget out of harm's way and start melting
away that financial anxiety. And peopledon't understand a lot of times when they're
new to this that you can puttangible assets gold and silver into an IRA,

(41:10):
right right, it's a tax freerollover, and it's not paper.
I'm not talking about stocks, bunds, mutual funds, ETFs. Those are
all paper proxies. They don't actthe same. You need to have physical
silver, physical gold, not allgold and silver created equal. Don't do
any rare stuff, don't do anythingwith a story. Don't do anything that's

(41:31):
high premium because it comes with thehigh commission. That's what most people that
you will see online are selling becausethey want to make a higher commission,
right, not how we operate lowcost bullion where there's always a market for
it. Because it's a global commodity. You don't have to have some shady
salesman calling up somebody else when youwant to sell it and say, hey,

(41:53):
Jane Doe, find not a dealfor you. We just got this
inventory in and I'll give it toyou for five percent off today if you
but it's going to be gone inseventy two hours. You need to act
now, right. We've all heardthat kind of stuff. So for me,
when you're dealing with bullion, youcall the depository, Hey, I'm
selling five thousand ounces of soever theygive me a price, we lock it

(42:14):
in done. Because it's a manufacturingindustrial metal used globally in electronics, for
defense, for aerospace. Everything it'sused for is costing cell phones to go
away, the demand to go up. There's always a market for it,
and it literally takes us seconds tolock that and we don't have to make

(42:35):
a market for it. Well,and it's worth a phone call to protect
your family, I mean, justyou know, just it is your family
worth a phone call, whether youwhether you you know, decide you know
for it or against it, oryou agree with what Kirk's saying or not.
I mean, it's worth a phonecall. I want to also,
uh you know, say this too. Thanks to you know, Kirk and
his team, They've created a couchcoldot com too, to where you guys
can go and uh you know andfind the information out. Kirk's contact information

(42:59):
is on there. You could inquire. So thanks to thanks to you guys
for allowing my followers to check outcouchcold dot com. That's from my followers.
Go to couchcold dot com. Checkit out. Kirk's contact information is
team stuff is on there and youcan you can find a lot of great
information out. So I really appreciateyou guys going to bat and giving my
followers a chance to check this out. And I look at the other thing

(43:21):
too, and I when I talkabout they can seize your assets, they
can freeze your bank accounts, andthey're doing it. It's not like it's
something And I'm a living testimony tothis. I don't tell this story a
whole lot publicly. I've done itin the past. I was in Las
Vegas investigating the Las Vegas shooting withLaura Lumor back in twenty seventeen. We
were sitting at dinner with our teams, and we were funding our investigation through

(43:43):
PayPal at the time, right literally, PayPal, which owns Venmo froze all
my assets and all Laura Lumer's assetsbecause they didn't like what we were reporting
on in Las Vegas with the shooting. Wow. And so if you don't
now, keep mind this was sevenyears ago, seven eight years ago,
and so you don't think they cando that. I'm living proof. So
its lower lumers. So were others. I know other influencers. James o'keefs

(44:06):
another one. They have frozen ourassets, you know, canceled our banks,
things like that. I know tonsof influencers that literally like Wells,
Fargo and Jase have canceled them justbecause they don't like what they say on
the internet. So what you're saying, man, it rings really. It
resonates with me, probably as highas it can if that makes sense,
Kurt, No, it does,and that's why I again, don't take

(44:29):
my word for it. Just lookat the empirical evidence, look at the
truth and all the source documents thatI reference every single time. I just
I just repeat what they wrote down. You just repeated what actually happened to
you in real life. Right,So this is why we want to get
this message out because here's the thing. Do I think it's gonna get better?

(44:51):
Yes, it's gonna take a changein presidency or change in Congress to
do that. It's gonna take Americawaking up. And I think that's happening
because the over each has gotten soextreme that people are now saying, what
what this isn't This isn't the Americathat I grew up in, Right,
this I don't. I don't believethe numbers that I don't know that when

(45:13):
I walk down Main Street, Americaand every third store in Denver has a
four lease sign on it, Right, Like, people, how do they
say that jobs are increasing? What? How do they say unemployment's coming down?
How do they say that inflation isnot a problem when our wallets say
we simply don't have enough money atthe end of the month to survive.
Right It's there's there's manipulation in lyingin the numbers, and I think people

(45:37):
are waking up to that. Andthen you see stories not just here,
but stories in Canada where the trucker'sbank accounts were shut down. We're seeing
stories in Australia where they're limiting theamount of cash that you can pull out
of an ATM machine to five hundreddollars, or banks are eliminating cash altogether.

(45:59):
In Europe. You know, ChristineLegard, head of the European Union,
has said what she said, anyeuro transactions more than five thousand euros
is now illegal. They don't wantpeople to use cash. Why because if
you use cash it's not trackable.If you use digital assets, well then

(46:21):
they can track everything about you.So you can't have the two running parallel
in their new system. So youhave to eliminate the old to create the
new. And this is happening rightunderneath our nose, and I want to
let people know and sound that warningsiren that this is happening and you can
actually protect yourself from it by allocatinginto tangible assets to get out of that

(46:45):
system. It's like one of thelast private transactions, safe transactions on Earth,
because everything else will be classified intoa unified ledger. It's digital,
it's paper. It can cut youoff with the flip of a switch if
they don't like you, right,But something that's real that you take delivery
of or you store it's not thesame, right, and that's why it's

(47:07):
such a safe haven investment that's actuallygrowing. And to me, when you
have both of those things happening atthe same time, don't wait to call
you know. Here's the thing.Did people see that Silicon Valley Bank was
going to go under before it wentunder? Yeah, there was a lot
of warning signs. So would theyhave cared if they got out of the

(47:30):
bank three months, six months ornine months prior. Nope, not after
it went down. But if youwere a day late, you'd have been
really sorry. You would have wishyou were three, six, nine months
early. Right, it's the samemessage now if you see that the writing
is on the wall, if yousee that things just don't feel right and
they're collapsing and they're falling apart,and there's no revenues, there aren't any

(47:52):
jobs. Inflation is going up,taxes are going up, cost of borrowing
is going up. That's not agood recipe for a solid financial future for
America. So therefore, until itrectifies itself, until you get a new
president, until you get a newCongress and they change legislative actions to cause

(48:13):
growth again, which should be loweringtaxes, lowering ancestrates, creating jobs.
Until then, we just have toact accordingly. And everything that I'm saying
is not a permanent investment. It'san investment for right now to actually protect
and preserve, grow and thrive duringthese times that we're living in. It

(48:34):
absolutely is. And I mean,I think that's the key here. Like
you said, it's going to getbetter, but it's going to take time.
You know, we talked about that. You talked about the stickiness of
you know, of things in inflationwith milk and bread and eggs and that
stuff. You know. You know, it's talking with somebody this morning on
another program that I that I host, and it's just, you know,
this stuff doesn't come down quickly,folks. You know, they don't like

(48:55):
to relinquish that kind of profitability.So if they can sell eggs for three
ninety a dozen, like I've seeneven in Arkansas where I'm at, you
know, in some places, theydon't want to bring that back down to
forty five cents of a carton ofeggs, right or ninety cents a carton
of eggs. They're having too muchfun with it. And you brought up
you know, also with the thingthat scares me the most with the brick

(49:15):
situation we talked about earlier is thefact that they're going away from the petro
dollar, They're going away from theUS dollar in general. They're basing their
entire bricks movement on the gold standard. It's it's a chance that if you're
not paying attention, you know,it's it's like, you know, you
know, Gene Hackman, you know, says in Hoosiers, you know,
don't get caught watching the paint dry. Yeah, you know, And and

(49:37):
that's where a lot of Americans areat. You know, you've got to
make sure you're protecting your family andand and that future as well, because
right now until we get a newpresident, and I think that's gonna happen
on November fifth, and then he'sgonna have a lot of work, you
know, Donald Trump's gonna have alot of work on his hands to try
to fix the mess that's been createdthe last three or four years. It's

(49:58):
gonna be a lot of work.And so this is it's not turning around
overnight. But there is a wayto protect right Kirk, There is you
know, in the meantime allocated intotangible assets like silver. I would do
silver over gold. I wouldn't dogold right now. I would do silver
because it's lower cost and it's outperforming. Simple when it's they're both low risk

(50:20):
and one's doing better, will youjust do the one that's doing better that
happens to be silver. And you'reright. Nobody can grow the economy like
President Trump. He's proven that overand over again. He's amazing at it.
Best economic president this country has everseen. Will he be able to
turn this ship around? Yes?Is it going to take some time,
absolutely, But there's not a betterperson to do it than him because he's

(50:45):
not a politician, right, antipolitics, He's he's a smart business guy
who loves America, who's a nationalistfor America. See this is where people
belly ache about Putin because oh,he's a nationalist. It's like, dude,
every president in the world should bea nationalist, meaning what the needs

(51:06):
of their country before other countries.That's all that a nationalist does, you
know, But what do we have. We don't have a nationalist. We
have a globalist for a president whoputs the needs of the world ahead of
his own. People for crying outloud, We've got people whose retirements are
falling apart in America, and who'shungry, and we're funding the Ukrainian pension

(51:29):
system right, like, what gives? What gives that is not a president
who loves our country more than therest of the world. It's a president
who or occupier who loves the restof the world more than his own country.
See, that's not that's not whatcountries need. Not just talking about

(51:50):
America, I'm talking about any country. Sure, they need a president that
loves their people, that loves theircountry, who will do everything that it
takes to make sure that we havea framework for success where we can work,
where we can thrive, where wecan live life without fear, and
and just you know, you workhard, you get benefit from it.

(52:13):
You don't work, you don't eat, right, I mean that's the reality
of the world. Hostile or oryou don't survive in this. And I
agree with everything you're saying. Imean, you look at New York with
the illegal immigrant situation there, theillegal aliens. Okay, I don't know
why we've went to migrants and immigrantswith our terminologies there, that's a whole
other story too. But you lookat this and you know they're offering up
fifty three million dollars and putting tenthousand dollars on visa debit cards of tax

(52:37):
payer money to give to illegals,while they've got, you know, fifty
thousand homeless in their streets. Andthis is you know, this is what
the guy you know, they're not. They're showing hand in hand that they're
like you said that they're not caringabout Americans and they're not putting Americans interest
first. They're not putting America first. And so you've got to do that
yourself. You've got to take theinitiative. You've got to be proactive,

(52:58):
not reactive. And and you know, I encourage you to vision, you
know, to visit couchcold dot com, see what Kirk has to say,
see what his team has to say, and and you know, be once
again, I always say that inlife, you know, be proactive,
not reactive. Kirk. Yeah,absolutely. And you know what you said
about New York and the homeless situation. Did you know that Denver is now

(53:19):
a border city at least it lookslike it. I mean seriously, well,
our office is right across the streetfrom Union Station, and I see
just piling in over two hundred peoplea day coming in and there's no place
for him. And they live inthe streets, and they're not sending their
best and brightest, as President Trumpsays either. No, they're not.

(53:40):
But you know what, if Ireally needed a clean windshield every other corner.
True, it's getting cleaned, whetherI want it to or not.
That's true. That's true. Youcan definitely get your car cleen ad a
good price nowadays. And you know, it's just an insane thing. Kirk.
I want to think we've taken upalmost an hour of your time,
man, and I want to thankyou for for giving our audience that time

(54:01):
and for coming on and dropping someknowledge. We're gonna do this again.
I hope soon you and I good. And of course, folks go to
couchcold dot com. Kirk's team setthat up for my followers, so you
guys can see what he's talking about. Protect your investments, protect your family.
But mainly, if you followed melong enough over the last seven eight
nine years on this journey in politics, you know what I always say,

(54:22):
which is you've got to protect yourfamily. You've got to be vigilant,
you've got to keep your head ona swivel. This is the way to
do it. Financially. They areliterally freezing accounts. They are shutting down
people they don't want to. Theyare taking away and that's the way they
undercut you. If they don't agreewith your politics, They're going to try
to take out your finances because thatsilences you, that shuts you down.
And Kirk and his team have gotaway around that. Kirk Any closing remarks,

(54:45):
Man, I'll let you get outof here. And I can't believe
we went a whole hour crazy.It flew by. You know. My
only closing remarks would be don't don'tlet fear paralyze you into inaction, because
that's exactly what the enemy would want. Right. It's like if if if
you're a Christian, Evangelical Catholic,right, it's it's you know, this

(55:09):
is what the enemy wants. Thisis what the devil tries to do to
get you to not move forward inlife. This is what the opposing political
party wants to do is control byfear. You know, the best way
to control somebody is to control whatthey spend their money on, who,
with whom, where, when,how why. If they can do that,
they can control a person. That'swhat this is all about, is

(55:30):
controlling people. It's not about fixinga broken system. In fact, I
think they want to break the systemso they cannot. So don't hesitate after
you hear this. It's like,man, that rings true and call us,
just simply call us. Don't letfear cause you to not act.
Absolutely and you know and you andobviously you know my background as a Christian

(55:51):
too, So it's like, guys, obviously you know God doesn't give us
the spirit a worry or fear likeKirk's saying, you know that comes from
that comes from another place, thatdoesn't come from from God. So don't
let don't let fear, don't letworry. Uh, make the phone call,
go to couchgold dot com. Protectyour assets, protect your family.
Uh. And then what a whata wealth of knowledge you are man.
I always watch you. Now Igot a chance to have an hour long

(56:12):
conversation with you once again. Iwas fanboy when we started. I'm gonna
be fanboy and telling my friends aboutthis tonight. Uh. I'm excited man
to uh see how you and Ican help people and help their help their
lives out together. So Kirk blessedto have you on here. Give you
a heads up ahead of time,since I don't know if you've been on
the pro we we've seen the programor not. But I'm gonna get this
out of here, and there's gonnabe some really loud Toby Keith music because

(56:34):
that's how we end the show.So I'm gonna I'm gonna pull you and
I out. Guys. We're gettingout of here for Kirk Elliott. I'm
Matt Couch. Guys, thanks fortuning in to a DC after Dark UH
daytime special and we'll be back againwith Kirk really really soon. Guys.
This was an amazing time. Kirk, thanks so much, brother, appreciate
you. All Right, let's getout of here. Man Loco, I

(57:01):
let you what rossing the Bary,Rossing the Bary
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