Episode Transcript
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Speaker 1 (00:23):
Hello, and welcome to the Gold, Goats and Guns podcast
for October fourteenth, twenty twenty five. My name is Tom Luongo.
We've got a lot to talk about. It's episode two
thirty four, and I have with me the great, great
pleasure of getting finally getting to meet the podfather himself,
Adam Curry. He is in the house, Adam, How are you?
Speaker 2 (00:41):
Tom? Let me just throw that right back at you, man.
Speaker 3 (00:44):
I have been listening to the GG and G podcast
for several years.
Speaker 2 (00:49):
I am delighted to talk with you.
Speaker 3 (00:50):
I'm a little embarrassed actually, because I have learned so
much from you and from your guests that I've incorporated
into my own work, into no Agenda show that I
was actually saying to my wife and said, like this
guy knows everything that I talk about.
Speaker 2 (01:06):
It's like I don't. I can't tell him anything new.
There's nothing nothing really knew.
Speaker 3 (01:10):
I got to say, particularly when it comes to what
I've dubbed it now the North Sea Nexus, which you
know you would call the Anglo Dutch system. I've learned
a lot from you and from the ladies at Promethean Action.
It has really given me the exact perspective I was
missing for many many years on the global scale, I mean,
(01:33):
and especially having lived in the UK met the Queen,
I grew up in the Netherlands, met the King and
the Queen. Uh So you know, it's like, wow, you
guys just blew me away. When I started to see it,
like scales fell from my eyes, like, oh, it's been
here the whole time. I totally totally get it, and
(01:53):
particularly at this time in history of what just happened
in Gaza and in Egypt. I mean, this is how
amazing what's taking place in our lifetime.
Speaker 1 (02:02):
It's so much fun, it really really is, and it's funny,
like I've heard for a while now, I won't maybe
but the last year, maybe about a year or so.
Then I knew that you had been were a listener
on the podcast. I saw that you at one point
you tipped me on Fountain a fair amount on one
of the podcasts, and I saw that. I was like,
very cool. But since I've never signed up on the
(02:23):
new commenting system, I couldn't.
Speaker 2 (02:24):
We call it? Do we call that? Value for value? Tom?
Speaker 3 (02:27):
That's because if you work for tips, you get tip money,
and I like to send values like I got value
I'm sending it back.
Speaker 2 (02:34):
I'm glad I saw that. Good.
Speaker 1 (02:35):
I agree that I agree, and I really like the
Fountain business model. And the first time I saw it,
this is the first thing I did was like, I
signed right up and make sure that the podcast was
sending haated over there as well. And uh so, yeah, no,
I it's gonna be fascinating for me. This is a
this is quite a treat. I just, uh, you know,
I knew that that you had been a fan, and
(02:56):
I was like, okay, well at some point and then
it was finally it was just one of our one
of my subscribers was like, dude, listen to the podcasters,
like like set up an invitation. I'm like yeah, Because
one of the things that people don't realize is that
I have terrible social anxiety and reaching out to people
I don't know, really, I really do. I don't like
doing it, and I consider myself like that too forward
(03:17):
or whatever, and I'm just terrible at it. So I
tend to really like to have people either do the
introduction for me or if it's somebody that I don't know,
what I would like to know. I like to do
a three party podcast. I don't know how you feel
about that. To do a three party podcast where I
get to meet the person in in you know, in
a neutral setting and then go from there. I did
(03:37):
that with Martin Armstrong. Did that was actually Susan Cokinda
from uh prometing an action was that we set that
up as well to do it that way. It was
just a normal thing with me. It doesn't I know,
it doesn't come across like you know it publicly, but dude,
I sweat all of these new interactions ever every time.
Speaker 2 (03:55):
It's really hard.
Speaker 3 (03:56):
Wasn't it wasn't a listener a mutual listener who connected us?
Speaker 2 (03:59):
I can't remember, I think, so, yeah, right.
Speaker 1 (04:01):
It was and that and that listener happens to be
a patron of mine. And so they pinged me either
on you know, either on our private server or in
DM or whatever. And I said, well, of course, if
you can pull that off, that'd be fantastic. So he
did so, and here we are, so all right, So
let's so let's talk about this. Let's talk about your
version of the North Sea nexts that's a really cool
(04:23):
way of putting it. And uh, let's let's you know,
let's let's let's talk about that because it's interesting looking
at what I sought the scene today today alone, there
were about two or three things that occurred that with
with the British at the center of it, that I
thought was really interesting. It was yesterday, of course, was
Trump embarrassing care Starmer at the at the press conference,
(04:44):
which was whole.
Speaker 2 (04:45):
He checked him right out of the way. Man, it
was awesome.
Speaker 3 (04:48):
It was so did you see uh the British on
Sky News? They were they because they I guess, uh,
they do a live YouTube and and so it's almost like,
I don't know if you've ever seen the Eurovision Song
contest that I grew up with that and it used
to be uh, Sir Terry Wogan, and he would because
(05:10):
the UK always comes in last, they always get a
zero point and they always say, you know, they've won
once or twice.
Speaker 2 (05:17):
But and he he would just always be making these.
Speaker 3 (05:19):
Very British, you know, innuendo like comments and you know,
always very sexually oriented about how gay this all is.
And so he so Jeremy if he gets his last time.
He was basically doing this while Trump was talking. And
so that's not on Sky, but it was on the
YouTube and and and he's just cutting up about look
(05:40):
at Starmer. It's alphabetical. Oh man, he can't believe that.
Why is he even up there? And then and then
when President Trump gets to the UK, he's like, where
where is Deer? And he comes up and he comes up,
He's gonna talk and Trump just goes right in front
of him like, okay, well that's great, because of course
this was this is a big, a big in your
(06:01):
face against exactly him.
Speaker 2 (06:03):
And the entire North Sea Nexus system.
Speaker 1 (06:07):
It was beautiful, It really was. It was one of
those moments that when I saw it this morning when
I woke up, I got up way way too early
this morning, and it was in my Twitter feed like
doing all sorts of stuff all day, and and I
watched that, and of course I have an entire research
division I like to call my my my community. We
have a private server, and these guys just sit there
(06:28):
all day like funneling as much stuff to me as
humanly possible. It's crazy, right, and I have to just like,
you know, filter the signal to the noise. And I
watched that, I was like, oh, that's just too funny.
But then what's really interesting, right, was that one of
my regular one of my my my absolute regulars, a
Serbian fellow, actually like to DM me with something in
(06:50):
case I missed something. He always dms me on on
on our private Slack server, and he d M me
this this thing this morning and happened in British Parliament
where where a guy who actually speaks for the king
was I don't remember his name, was out there in
Parliament saying that we have actual traders in parliament working
for the Chinese blah blah blah blah blah.
Speaker 2 (07:09):
I'm like, oh, oh.
Speaker 1 (07:10):
My fucking god, are you kidding me? Okay. The first
thing I thought of was, like, I've been arguing with
my friend the burling game as as what happened when
Trump went to to London to meet with the King.
I you know, somebody asked me on Twitter one day,
they said, you know, why is Trump going to meet
with the enemy, And I said, well, to offer terms
of surrender was being kind of flipped about it.
Speaker 3 (07:32):
Right with your friends close and your enemies even closer.
Speaker 2 (07:36):
You know, it's a total strategy.
Speaker 1 (07:38):
But what the other side of it was when I
said that, and I've been saying, like my friend em
was like, no, man, he offered terms of surrender. The
king accepted. But the king is trapped by this whole
system around him, and that's EM's argument. And when I
saw and so when I've been thinking about and I said, like,
you may be right, I think I'm right. Doesn't really matter.
(07:59):
We'll find out over time, events will play out and
someone will be right about this, and then you know,
we'll either buy each other or rye or whatever, and
it we'll hack it out like men. Right, that's what
we're supposed to do. Well, what was really interesting was
that that thing this morning tells me that the king
is starting to push back and they starting to make
(08:20):
his move on Parliament.
Speaker 2 (08:22):
Good observation.
Speaker 1 (08:23):
That's really interesting.
Speaker 2 (08:25):
So, first of all, very interesting. We have very similar
production models.
Speaker 3 (08:30):
We don't call our audience listeners from day one, for
eighteen years, we've called them producers. And everyone has a
responsibility to produce. And everybody is an expert at something,
and so when it comes up, or if we say
something wrong, or if we miss it or we haven't
talked about it, you have an obligation to let us know.
And that really occurs through email mainly. So I've built
(08:52):
up my system with what we call our boots on
the ground, so very similar to to your private grouped.
It is the only way to do the kind of
programming that we do. I mean, we have dude name
Mohammed and he's literally in the coffee shops in the
Middle East, and you know they love to gossip over there,
so he'll be saying, hey, you know, everyone's all in
(09:15):
on this.
Speaker 2 (09:16):
Everyone thinks this is great.
Speaker 3 (09:17):
You know, everybody was all for name on those guys
in Qatar, except when it got screwed up. They decide
to leave bb Net and Yahoo holding the bag. Oh
you screwed it up, man, We had nothing to do
with it. I mean, this kind of stuff you cannot
get as a mainstream production outfit.
Speaker 2 (09:33):
You just can't, you know.
Speaker 3 (09:34):
Like I see their credit roles. They got ten producers,
like I got three thousand, three thousand, and.
Speaker 2 (09:39):
They know the minutia.
Speaker 1 (09:42):
It's true, it really is true. And everybody has an
extra thing. I like to call them my Baker Street,
the regulars. Yeah, at homes.
Speaker 2 (09:50):
Yeah, it's very good.
Speaker 1 (09:51):
And I have my years of the ground everywhere, and
I have people I leave my dms on Twitter wide open.
You know, even even at this late date, even though
you know, you think that it would be nothing patrols
and it's not. It's nine times out of ten everybody
does really respectful of my time. They send me stuff,
they prepare, they send me a thing, and I'm like,
(10:14):
didn't know that. Excellent observation. And you know what I've
noticed is that over time people are getting better. Oh yeah, better.
Speaker 2 (10:21):
Oh they're sending me pre clipped things.
Speaker 3 (10:25):
You know, I still get the you've got to see
this is great click on the link. Three hour podcasts
like yeah, no, no, I can't, I can't do you
got to give me time codes at least, right, But
we've trained them. And you know, it's funny you call
the trolls because when we do the show, we actually
do it live, live to tape.
Speaker 2 (10:41):
We've always done that. And we have a chat room
which you call the troll.
Speaker 3 (10:45):
Room because literally and it's just ephemeral, right, it just
scrolls by and it's gone. And so yeah, eighty percent
is you know, trolling on specifically trying to get me mad.
But then there's a one liner, there's a fact check
that's just off, that's in real time. Man, It's I mean,
this is the model Tom, This is the model.
Speaker 1 (11:05):
It's interesting you say that, Adam, because when I was
when I first started doing this, I used to be
in actually in this room. It was laid out differently then,
where me wearing my my my old farmer's hat because
I was, you know, embarrassed by being bald in public
hour or whatever. I just like the hat. The hat
was cool, and my Brickenbacker hanged four thousand and three
hanging on the wall behind me and everything else. And
(11:26):
I was doing this into my phone on periscope before
Periscope was bought by Twitter, right, And so I sat
there the entire time with you know, my little my
little stylist from my phone doing this thing. And then
we transferred eventially to YouTube. We did a live screams
for years. But yes, you're absolutely right. It was people
trying to get you off kilter. But then you had
(11:46):
your regulars coming in and constantly pushing the narrative forward
in it was great stuff. It was news, and it
was it was difficult to tell. I don't know how
I did it back then, and I wouldn't want to
do it today. I get ought to be honest with you,
but I actually do in some ways also miss it
because it was like, you know, you were out there
(12:07):
flying without a net, right and just doing the thing right. Yeah,
and you're in real time and that's going out there
across you know, three different platforms. You're like, well, this
one's either going to suck or it's not. Then you know,
there I go, exactly.
Speaker 3 (12:20):
So I want to get back, get back to what
you're saying about the King. And I'll just give you
my my two brushes with royalty because they're they're my
experiences that are highly unimpressive. And so, first of all,
I moved to the Netherlands when I was seven years old,
so I grew up there, born in the States.
Speaker 1 (12:38):
UH.
Speaker 2 (12:39):
Moved back to do MTV in the in the mid
to late eighties.
Speaker 3 (12:44):
UH, and I had a very short college career for
about three months and decided that was not for me,
and that's probably what saved me. But uh, in the UK,
I lived there for three years, first in Guildford, you
know Stockbroker Belt, and then in South London actually Clapham Commons,
but you know that's for the poor people who want
to say they live in South London. And I got
(13:07):
an invitation from Her Majesty the Queen to come to
Buckingham Palace and was for the relaunch of her the
Royal website. And this is when Queen Queen Elizabeth was
still alive and I'm like, well, yeah, I'm going to that.
I mean, I got you know, I still have the
framed invitation. You know, it's like one of those things
(13:28):
Golden Boss and everything. And so the first thing, they
picked me up in a Mercedes, which I was.
Speaker 2 (13:34):
Like, well, that's kind of a faux pas. Okay. We
went into the front gates, the front gates.
Speaker 3 (13:41):
Of Buckingham Palace, which was wild, you know, like opens up,
you go to the back, and I mean at that point,
and I've been talking about this on the show, and Devorak,
my partner, he was like, you got to steal some
soap or a hand towel, and you know, okay, yeah,
of course, and so and so there was a bunch
of people for this relaunch and the first thing they
put into this waiting room, which is a long, long
(14:03):
corridor type room, just artwork stacked all over the place.
I mean, I'm talking van goes and rem brands that
I've never even heard of or seeing before.
Speaker 2 (14:13):
I mean, but it was obvious.
Speaker 3 (14:14):
It's like, okay, you got some stuff here, went into
the restroom, of course, uh paper towel to spenser, locked
to the wall, no soap, no little soaps. It was
all like a machine. So that was totally disappointing. But
I remember going through the reception line to meet the Queen.
You shake her hand, and of course the whole idea
(14:34):
is you don't look at the queen. I'm like, I'm
going to look this woman right in the eye. And
she's standing on a box. She was quite tiny, and
I and I, you know, I shake her hand, your majesty,
I look in her eyes. Tom nothing It's like I
was looking right through dark holes to the back of
her skull. There was nothing, nothing there now, And I'm
I've always been under the impression that none of this
(14:57):
royalty stuff is ceremonial. I've never bought into that. I mean,
we know the whole things, you know, particularly royal Dutch
shell you know, which, of course now is also Anglican.
Look at the banking. I mean, I know, I know
my history of the Netherlands, I know about the East
India Company, all this stuff that just kind of disappears
(15:21):
out of the history books at some point like well
where did that?
Speaker 2 (15:24):
God? They couldn'tn't actually end? Did it? Right? You know?
Speaker 3 (15:28):
I know who transported the slaves to America. It was
the British and the Dutch. I mean, these guys literally
did it. I grew up with, you know, the Indonesian
issue because the Netherlands was imperial. They had the colonies
all over the place. In Indonesia was a big one.
And so a couple of years ago I was invited
to meet the now Dutch king and and the queen,
(15:52):
so Prince Willem and Queen Maximo. Now you got to
know that I've known the prince. I knew the king
when he was prince. We knew him as Prince PILs
as in Pilsner because he was just a partier. He
was drinking, so we call him Prince Pills. He was
at my house literally in Amstam, that came by like hey,
(16:12):
My daughter went up to him and said, so, you're
a prince. My daughter was seven or eight nine. He said, yeah,
I'm a principal. Where's your puffy pants?
Speaker 2 (16:20):
Then?
Speaker 3 (16:20):
I mean, so this is the kind of guy. And
now he becomes king. So and he got married to
Queen Maxima who was her real name is Maxima Zorineta.
Her dad is from Argentina. She's from Argentina. He was
part of some stuff that went on. He wasn't even
allowed to attend the wedding. This is this is how
(16:40):
evil that family is. So they invited me to this lunch.
It was like twelve other people there, and you know,
and I've been flying helicopters and planes for since two
thousand and six. And the Prince is also a pilot.
In fact, on one of his main duties is to
fly KLM planes. And you know, he'll at the end
of the flight'll come out and say, yeah, I was
(17:01):
your captain. You know, this is the kind of stuff
he was doing. And so he was busting on me
right away about about flying and you know, totally nice guy.
But is this the smartest man in the world now?
And the queen this was totally interesting. So after lunch,
we're having coffee in like a reception area and everyone's
(17:22):
going downstairs to take you know, to take the big
group photo, and the Queen she's sitting there and she's.
Speaker 2 (17:28):
Talking to me, Oh, I love New York.
Speaker 3 (17:29):
And Ivanka is a good friend of mine and she's
hair flipping me.
Speaker 2 (17:33):
Tom.
Speaker 3 (17:33):
I'm like, girl, are you flirting with me? The Queen
the King actually came upstairs to say.
Speaker 2 (17:39):
Are you guys coming or what right?
Speaker 3 (17:41):
And so these people are highly unimpressive, nice people, but
there's the I mean, whoever is running it, it's not them.
So whatever the King is doing, you know, it's there's
there's a system that I haven't quite brief yet, don't
quite understand, but.
Speaker 2 (18:01):
I think it's so deep.
Speaker 3 (18:02):
And you know, what I've learned from you and your
guests is really about the city of London. And I've
always known that it was its own entity and that
you know, these are all things that you do almost
twenty years of a podcast called No Agenda and Media Deconstruction,
you learn these things, but I never you know. I
have a friend here, former banker for Bankers Trust, and
(18:26):
I think in two thousand, I want to say two
thousand and eleven, ten or eleven, I just gone to
Austin and I don't live there anymore, but I was
living in Austin and he said his wife and the
word some function, and his wife says, did you hear
we won to What do you mean we won and
(18:46):
then he came back. He came by and said, oh
you no, we won, We beat the British bankers. And
I never really understood, and I think that had something
to do with the financial crisis. I'm actually seeing him tomorrow,
so I'm going to ask him specifically what he meant.
But I know that there's this war that's been going
on between American bankers and the City of London. And
(19:06):
then when I through your guests, I started to understand
about Libor. Of course, I knew about the Libor scandal,
but didn't really understand, you know, all the all the
repercussions of it, and how how much it controls the
rest of the world. So when I started to put
it all together, and then thinking back to the Far
(19:26):
East India Company, the West India Company, Hey, it's only
been two hundred and fifty years. I think these people
still hate us. And how about Israel who started that stuff?
I mean, come on, man, it's now it's becoming so
obvious to me.
Speaker 1 (19:42):
Yeah, it's it's really funny, Adam, And you put all
that together, and I'm not gonna I'm not gonna lie. Man.
It's been on long road for me as well, I
came out it from a completely different angle, right, I
came out of through monetary policy, Austrian economics and that criticism,
right gold and all of that. And then slowly over time,
(20:03):
you know, the more I realized that I've said this,
said this in many venues that like the way I
got got here was in order to do the job.
My first newsletter gig with Newsmax is if you need
to understand gold, you need to understand the politics, because
goes gold is at the center of all money. It's
it's the center of everything, even though they say it's not.
(20:25):
It's of course whatever they you know, they say is
not true. Right, So it's so this is a very
hard one thing for me. I started out as a
kind of classic American critic on that from that perspective,
criticizing the empire, criticizing you know, the America that I
was told, you know, I was told I was supposed
to inherit. And then I'm looking at the America. I
(20:45):
got going, yeah, those two things don't match. And then
dang right, And then naturally the natural antipode to that,
especially during the twenty thirteen through twenty fifteen period, was
notice how well, Putin was standing up, starting to stand up,
real resistance to what we all perceived. This is the
American empire, right. And I remember listening to John talk
(21:07):
about this stuff, about some of the oil tray. I remember,
I remember all this stuff back then as I was
starting to learn these things. When I did two years
working with a guy over and before I got the
job with news MAC, I spent two years working with
a guy over in Vietnam and uh so we were
trying to build a business, be on a Skype call
twelve hours out of phase with you know, stockbroker who
(21:30):
wanted to become a fund manager, and that was what
we were doing. We were writing about everything, and this
is when I learned, you know, about the geopolitan I
really started to learn mckinder politics, even though I were geopolitics,
even though I didn't know what it didn't the term,
which of course was that you know that whole trying
to bottle China up behind the Straits of Malacca are
(21:50):
very very important, you know thing. And when I learned
all that, I started to watch them. Well, how can
we get out from underneath that? Well, let's build a
pipeline from kun Ming out to Central Burma and then
blow and behold. Three months later, as they're finishing the thing,
you know, the CIA is in there blowing up, you know,
starting you know, you know, interness and violence on Facebook,
(22:13):
all this stuff. And I remember, I actually I remember
now the one time, first time I interacted with John
specific as this kind of commentator by a no agenda,
which was him talking about how Hillary Clinton owned so
much of the the the the I P I versus
Tappy pipeline, and she kept pushing for the Tappy pipeline
(22:34):
because she had business interest in you know, the I
PI pipeline. Iran Pakistan India pipeline made so much more sense, right,
being Turkmenistan, Afghanistan, Pakistan, India. I remember him talking about that.
I'm like, that's really important, Okay, so noted put that
in the in the hopper in the back of the brain.
So like, this stuff is just it's all really hard
one and it's only in the last few years that
(22:56):
it became really obvious to me. I started with the
Davos crowd back in twenty seventeen, like I just watched
this hole playing out. I'm like, yeah, this well, the
group of people who think they run the world. Let's
call them Theatavos crowd. I literally wrote that one day
on the blog. It showed up on zero.
Speaker 2 (23:11):
Head the drinking the drinking club we call, right.
Speaker 1 (23:13):
The drink drinking Club.
Speaker 2 (23:15):
Fair enough.
Speaker 1 (23:15):
I'm now at the point now I'm calling it the
High Table from john Wick. Yeah, because it's actually right
if you watched the john Wick movies or like, yeah,
telling you dude right there, telling me about the organized
crime and the use of goal and all of this stuff.
There's a reason why the thing is called the Continental.
Speaker 3 (23:32):
Right, Yeah, do you get it yet?
Speaker 2 (23:35):
Yeah?
Speaker 1 (23:35):
Yeah, So so for me, I don't, so don't feel bad.
London does a really good job of covering its tracks.
And I was starting to go down this this this wrap,
this part of the rabbit hole, and then I met
Richard Poe and and everything changed.
Speaker 3 (23:51):
I mean, I've read a lot of his stuff. It's amazing.
He really knows what he's talking about.
Speaker 1 (23:56):
He is He's a house on fire. And I've been
interviewed Richard a couple of times. I haven't talked to
him recently. I really need to get him back on
the podcast. I almost feel bad that I haven't gotten
Richard back on the podcast. I'm not avoiding him or anything.
I just like.
Speaker 2 (24:12):
We know it, we get it.
Speaker 1 (24:13):
Yeah, so uh you know I love the guy. But yeah, no,
Richard really opened my eyes to this. And then when
I was like starting to really put through the whole,
it's so for in Liboard that were the big thing.
And you know, once you grab that and you understood that,
and then you start, then you put all the monetary
policy stuff together, and you put together everything you've learned
about the euro dollar system and all of these things
(24:34):
are like, oh, they were just running an art they
were just running a currency arbitrage scan the entire time.
And then I read something on Twitter. Together guy, I
was going literally chapter and verse on how the East
how the British East India Company plus the Crown Corporation
became at Breton Woods, the Bank of International Settlements, Yes,
(24:55):
the breaking IMF and DTCC and I'm like, huh, I'm.
Speaker 3 (25:00):
Actually DTCC that's the big scam. That only what's our
what's our boy's name? The overstock ceo?
Speaker 2 (25:08):
Oh Patrick Burn, Patrick Patrick Burn? Yeah, I mean he
talked about that a lot.
Speaker 3 (25:13):
It's so it really, I mean, would would Blue I've
been I was actually a gold guy back in two
thousand and nine, and I, you know, I was really
into Ran Paul during the two thousand and eight election,
and you know, I'm like, yeah, you gotta buy gold,
and Devorre was laughing at me, Oh, you're a gold bug.
Speaker 2 (25:34):
And I think I bought a whole.
Speaker 3 (25:35):
Bunch of coins at maybe six fifty something like that,
and I still have them. I still still hold on
to him. I actually had a brick. I had a
bar because I had a lot of money back then.
A lot of stuff happened in my life, and I
had this. I had a bar, and Devor's like, man,
you got to paint that black and make it a
door stop.
Speaker 2 (25:55):
Had I only done that because I lost it in
the divorce, so.
Speaker 3 (25:58):
Then that would be that's probably half a house now,
whatever that thing was worth. But then in two thousand
and ten, No. Twenty eleven and twelve, people started telling
us about bitcoin and you know, this is real money,
and you know you got and we were laughing.
Speaker 2 (26:15):
We're like, this is this.
Speaker 3 (26:16):
Beanie babies for the Internet. You know, we've seen all
this stuff. I was not looking at it. People were
sending us bitcoin, bitcoin, bitcoin, and we just I completely
ignored it. I was not at all focused on what
they were really saying. I didn't really understand money. I mean,
of course I understood the relationship the gold and money,
and I understand Breton Woods, and of course it was
(26:38):
the city of London four x that really screwed it up,
you know, which made us go off the gold standard
seventy one. And so fast forward to two thousand, twenty fifteen,
and I'm like, hey, I was day trading.
Speaker 2 (26:55):
Believe it or not, I was day trading. I was like, hey,
that stuff said nine hundred bucks. Let me go see
if I can.
Speaker 3 (27:00):
So I pull out the old laptop and like looking around,
had to sink the chain for twenty four hours, like,
oh I got sixty five of these, sell them all.
So I saw sixty five bitcoin for nine hundred bucks
apiece today trade mind you.
Speaker 2 (27:16):
So I learned a hard lesson from that.
Speaker 3 (27:18):
And then my wife and I when it dipped down
below three thousand, we said, that's it. I've studied it,
I've learned it. At this point, we've already incorporated the
Lightning Network into podcasting.
Speaker 2 (27:30):
Two point zero, it said, I get it, programmable money.
Speaker 3 (27:34):
I understand the concept and I really am a bitcoin maximalist,
So when you started talking about stable coin and how
that was going to work, it blew my mind. I'm like, wow,
this is I mean, this is when I went President Trump.
He's smart, but he also has a lot of smart
(27:55):
people around who really know what they're doing. And he
was pretty bad at hiring in his first turn, right,
you know, he did not do a good job. I
don't think he knew how rotten and corrupt it really was,
even for New Yorker.
Speaker 2 (28:07):
I think he was surprised.
Speaker 3 (28:09):
So the quality of most of the people I see
around him now is is pretty good.
Speaker 2 (28:15):
And then when.
Speaker 3 (28:16):
You see particularly this this, this, you know, this piece
accord and.
Speaker 2 (28:23):
What he's been doing to basically screw the North Sea
Nexus in so many different ways, now I'm like, holy smokes,
this is real. He gets it.
Speaker 3 (28:34):
And ninety nine percent of the world does not even
know what's going on.
Speaker 1 (28:39):
They really don't. So you sold sixty five bitcoin at
nine hundred bucks, I was day trading bitcoins at two
dollars a piece on Mount Gox, wo having sold an
old video card for two hundred bitcoin. Oh brother, on
the first version of bitcoin, like eBay or Craigslist. I
(29:02):
was there. I wrote an article. I don't know if
you know that. I wrote the first publicly available article
on bitcoin for lou Rockwell back in July of two thousand.
Speaker 2 (29:09):
Oh wow, I didn't know that. Holy oh, I was.
Speaker 1 (29:11):
I actually mined one of the original fifty fifty bitcoin
blocks on an old intel and cpuing.
Speaker 2 (29:18):
In my garage. Brother. I got it wearing away.
Speaker 1 (29:21):
And then my wife used my computer once. I hate
to throw under the bus, but this is the really
the story. She used my computer once. Somehow she opened
up the wrong email, got a keylogger. The guy was
going for my World of Warcraft password, and he literally
took and took two hundred and twenty five bitcoin at
two dollars a piece.
Speaker 2 (29:37):
That is grounds for divorce. No it's not.
Speaker 1 (29:40):
She's the most lovely person in the in the world
and I probably would have sold them all at one
hundred bucks. So don't feel bad. I was fat on
my back, I was flat on my back broke at
the time. And you know, it didn't like trust me.
I wouldn't it wouldn't have held him. But I just
think about it, I think, go back to it, and
I'm like, and it wasn't that I lost them to
the mount, you know, getting shut down. I lost them
(30:02):
to a keylogger who drained my account because mal Cox
was holding all the coins on chain at that point.
Because the network become that it could, you know, update
every ten minutes, it was no problem. It was crazy
what happened.
Speaker 3 (30:17):
And well, my wife definitely reminds me of the sixty
five bitcoin I sold to day Trade often and so
I take it.
Speaker 2 (30:23):
I take those licks every single time.
Speaker 1 (30:25):
And no, I I you know, it's fine, it's not
a big deal at this point. I'm okay with it.
I have been and so many times I have been
so ahead of the curve. Yeah, that's the part of
the problem with being ahead of the curve is that
timing becomes a real problem because you don't This is
why I had to become a better technical analyst. You know,
I don't do this in the podcast, but I do
(30:46):
go for my patrons on our market reports where I'm
literally going over you know, gold, silver, bitcoin and everything
else and doing a very rigorous and I have a
very simple trading system. Again that the fellow that I
worked with in Vietnam for two years, I actually go
Strotes's book during it's it's.
Speaker 2 (31:02):
All technical analysis.
Speaker 1 (31:03):
It's all just simple, it's all just simple handlestick analysis.
I just do very very simple, stripped down, you know,
semi quantitative analysis. So I have that in my back
pocket in order to error check what you're seeing. So
you hear me talk about this stuff on the podcast,
what you're hearing is the distillation of error checking the
(31:24):
stuff from three or four different directions. Technical analysis. You
get the cross market analysis that I can sit and
chat with people about. I've got, you know, the observational analysis,
you know of what you're seeing on the data from
the headlines, and that's all becoming one big picture on
a regular basis, and it just keeps updating. And then
as you teach people and you attract people who are
(31:44):
got better skills than you do than in things like
prop trading or whatever. This is why a guy like
Vince Launching is indispensable as a human being. Vince is
not allowed to die until we beat the City of London.
And I haven't told him that, but there you go.
Speaker 2 (31:59):
Vince.
Speaker 1 (31:59):
If you're listening, you know the you know, the gig man,
And it's because he is so good and and so
many of these people are good and I you know,
my goal is to curate the very best and brightest
so that when we do a podcast like this, you
have no agenda, I have no noise. We could read
literally go this is the all signal, no noise podcast.
Speaker 2 (32:20):
So so, so let me ask you a couple of questions.
Speaker 3 (32:23):
Unstable coins specifically understanding this is a great way to
export our debt. I guess my main questions are one
how long will that actually keep us out of financial ruin?
Speaker 2 (32:37):
And two? How is it going to How is it going.
Speaker 3 (32:41):
To work if we have all these different stable coins?
Will they all be completely interchangeable? Will I will I
be able to, you know, buy something with US d
C that's priced in US d T. But I guess
most most importantly is how long will it keep the
boat afloat into till that doesn't work?
Speaker 2 (33:01):
Either?
Speaker 1 (33:01):
Well, that's the bigger question you should ask yourself, isn't that?
But first that can we fix the fiscal position where
there's no more debt being net debt being issued per
sex right? I think the government shutdown has given us
that that that that opening because most folk has been
sitting here and again I've got. I have some people
(33:23):
that I know at omb and they've been warning me
about this since before the election. What was coming once
they got the once they got the means by which
to do it, either by getting Congress cowed to the
point where they're going to accept whatever Trump you know,
tells him to do, or they give us a gift
like this shutdown is literally the biggest gift from the
(33:45):
universe since no kidding, yeah, since Trump getting Trump getting
missed at Butler, because they can literally now do the
reduction enforcing and star fire and everybody, and they can
start just gutting everything. You listen to Trump carefully, He's like,
we're killing it all. It's not all coming back.
Speaker 3 (34:00):
It only needs two trillion, I think, and then then
we have the books balanced.
Speaker 1 (34:04):
It's even less than that now, I mean after what
I mean, remember, you've got three to four hundred billion,
and tariff's coming in. Yeah, you should be stable. You've
got you know, we've already done a fair amount of
DOGE cuts. We've got other things coming in. Yeah. No,
I think I think going back to the twenty nineteen
budget is not too hard for me. So I've and
I've always been told that the number that they're targeting
(34:26):
is one point three trillion and uh in cuts and.
Speaker 2 (34:29):
Then we'll grow ourselves out of the rest. Right we can.
Speaker 1 (34:32):
I mean I think we can, especially with a deregulated economy.
With that, you know, I mean, they're gonna see now
that the Supreme Court and no, sorry, now that the
EPA has said the reverse of the Obama rule that
CO two is is you know, harm right or whatever
the hell the definition is that literally, So I just
(34:52):
watched sawn P today. He was just like on Twitter,
He's like, you have no idea how many trillions of
dollars this is going to open up in capital. You
have to realize the big thing here, Adam, is that
these people called them the High Table, called them, Davos
called them, they called them the North Sea. I like, TFP.
(35:15):
These fucking people is my favorite. These fucking people see
you gain five minutes of your life back, and they
figure and they spend all day scheming how to seal
four of them. Yeah, that's it. And so if you
can get back an hour of your day, imagine how
much more productive you'll be in every way not typically productive.
(35:36):
Oh I can work harder at work, No, I can
be less stress, so they can actually parent my children,
or I can enjoy, you know, an evening with my wife,
or I can, oh, my God, go out on a
date with my wife or something anything, and then we
can start fixing all the rest of it. That's the
way we have to start looking at this stuff. And
that's the deregulation angle is so big. So then we
(35:57):
moved the stable coins. Right now you're talking about the
for you at the end user, this is all middleware.
Think of this stable coin architecture that they're talking about.
It's just middleware. You don't interact with middleware. You act
what you actually you interact with the front end with
you know, rippleware or whatever the hell it's called. But
the middleware stuff is where it matters. They'll all spend
(36:18):
like dollars, they'll all that'll all be handled by a
payment layer behind the scenes. It could be Lightning or
probably be Ripple, or it could be a combination of
like five or six of them. Don't really matter.
Speaker 2 (36:28):
You really think. Just by the way the syeop of
Ripple has.
Speaker 3 (36:31):
Been so strong for at least five years now, I mean,
and it's in churches. In our church, people say Hey, man,
I bought XRP because this guy says it's going to
everything's going to be revalued, It's going to go to
three thousand dollars.
Speaker 2 (36:47):
I'm like, bro, I don't think so. I really don't
think that's why you want to go.
Speaker 1 (36:51):
My my attitude towards Ripple is that it seems to
me that the right people are choosing it, and therefore,
as far as I'm concerned, I just kind of ripple
years ago with Central Bank point right, like the first
right by everybody, by the by the old system to
digitize their system, you know. But the thing is is
that the bigger question is is who's actually in charge
of it at this point.
Speaker 2 (37:11):
I don't know.
Speaker 1 (37:12):
I don't care what I'm what I what I note
to people is, yeah, I think it's a Do I
think thirty five bucks a token as possible? Yeah? And
is that a ten bagger or twelve bagger from here?
Speaker 2 (37:21):
Yeah?
Speaker 1 (37:22):
Should you expect more than that?
Speaker 2 (37:23):
No?
Speaker 1 (37:24):
And I think just simply simply anything that that removes
the City of London four x charge system, which is
going away, like Thomas Cook, needs to end as a concept,
right because they get eight percent the banks eight eight
percent on their four x. That's why they that's why
they don't give us, That's why they don't give us
toasters gro opening up a new account anymore, right, because
(37:47):
they're making all their money on the four x and
the bank fees and everything else in the in the
standard kind of nenatre's margin banking doesn't exist anymore. When
we take that away from them, or we figure out
a way to minimize.
Speaker 2 (38:00):
It, City one nothing.
Speaker 1 (38:04):
Taking the gold market from them, it's gone lb m A.
Sorry you're not pulling the London goald pull on this
twice fuck off silver. Same things happening right now. The
ghost of f o foa smiling somewhere if you know that,
if you know that story, of course, and uh and
next is oil in my mind, as the Brent crude contract.
(38:25):
And once the Brent crude contract is revealed as being
uninteresting to most traders, which it is.
Speaker 3 (38:31):
Which I think President Trump knows. I think he knows
this very well. Yeah, So where does this leave bitcoin?
Speaker 1 (38:38):
It leaves bitcoin is becoming like old a form of
pristine collateral. And I do believe that layer.
Speaker 2 (38:45):
Do you think settlement layer? A settlement layer?
Speaker 1 (38:49):
I mean, if you there is going to be said, though,
there will be a bitcoin direct bitcoin settlement layer somewhere,
but Bitcoin will ultimately be the capital that only moves
when people really have to settle up. You know, think
about it like gold. We're going to move gold into
a position where on a day to day basis, you know,
trade flows are going to be denominated ultimately and token
(39:13):
ise gold bank accounts around the world or same thing,
you know, or in bitcoin accounts around the world, and
then they'll be settled up between central banks on a
quarterly basis. It's the way I'm expecting because you don't
really want them to move much. You want to have
a nice decentralized network of gold vaults and bitcoin wallets
and that are saved in YadA, YadA, YadA, and then
(39:34):
it doesn't really necessarily then nobody has a geographical control
over it. What onnd that was trying to do is
clearly was to move to Dubai, yeah, and doa and
Abu Dhabi. And that's why you bring up earlier. I
think the peace deal in Gaza is so incredibly important
is because in order to get that done, he had
(39:54):
to get Trump, had to get and Yahoo design on
the line. But he also needed to get Katar to
realize you don't work for the fucking British anymore. You
work for us.
Speaker 3 (40:03):
Amen. Amen to that. Oh man, I love that. That's awesome.
Speaker 2 (40:07):
How about gold?
Speaker 3 (40:07):
Do you think that? Because I'm just asking you questions now,
it's like my guru in this keep talking about they're
going to revalue it. I mean, at this point, the
way it's going, you might not have to do that.
I mean we went from you know, or what is it,
thirty five dollars now it's now it's four thousand.
Speaker 2 (40:23):
I mean, yeah, I think I have haven't even kept up.
Speaker 3 (40:28):
I've been looking at someone gave me twenty one silver
coins and a meet up the other day.
Speaker 2 (40:31):
I'm like, wow, this is actually worth something now, thank you.
I put that in this pile over here. That's kind
of cool.
Speaker 3 (40:37):
So is that something that you see is as viable
like revalue to change it's basically an accounting trick, I guess,
just to change the balance sheet of the country.
Speaker 1 (40:48):
Well, if it's not just to change the balancy to
the country, right, it is, it's the question of whether
or not they're going to take that money and stuff
it into the treasury. Right, it's basically, when you revalue
when you take the I think the mechanism, and I
don't understand. I've read the I've read the mechanism by
which this should occur like a half dozen times, and
it's still mostly Greek. But the basic idea is that
(41:09):
the FED doesn't actually control the gold on the Treasury's
balance sheet. The Fed has a receipt has you know,
it has a receipt for the Treasury's goal. The Treasury
still owns the gold, but the FED has.
Speaker 2 (41:21):
It's like a trillion dollar coin concept right now.
Speaker 1 (41:23):
What they now, what can happen is they can call
that receipt revalue goal to market and then give them
give it back to the Fed. It would be two
things immediately. One, it would add a trillion dollars to
the Fed's balance sheet, because it's currently holding an eleven
point zero four billion dollars on the balance sheet. Yeah, no, hilarious.
I read the eight point four point one report of
the balance sheet every week and there it is eleven
(41:45):
point zero four billion dollars. That's what we sold it
to a forty two twenty two an ounce back in
seventy one, and then that would go back on the
balance sheet a little over trillion, one million point one
trillion dollars, which would expand the FEDS balance sheet by
a trillion, taking it the seven point two trillion, But
it would only be seven to one leverage to gold
at that point. Because now you've got gold on the
balance sheet at one point one trillion, a total balance
(42:06):
sheet at seven point two A seven to one ratio
for the FED doesn't look too bad. I think we're
going to at least five grand in this in this
move to take gold, to take the fed's leverage down
to around five, and then we'll see where we We'll
see where we are.
Speaker 3 (42:21):
But isn't the whole point to really get rid of
the FED altogether or neuter it?
Speaker 1 (42:26):
Neuter it? Yeah, I think the FED. I think what
the goal is in the short term or in the
medium term, is to leave the FED in place as
a as an army, the standing army in a financial
war that is not settled yet, and be, as I've
described another podcast in very broad terms to people, the
(42:47):
enforcer of the international power value of the dollar overseas,
right and A and the garranter of the domestic credit
markets internally. So internally it's there to provide a liquidity
and backstop of the lender of last resort either in
the commercial paper market, but it's going to have to
(43:07):
be divorced from the treasury market. It will have to
give up that role of being the lender of last
resort and the treasury market. It can still you know,
make a market and repos and all the other stuff,
but it's a certain point it's going to have to
go back to its original conception, which is to only
backstet the commercial paper market. And that again, and the
Treasury is going to take over issuing a lot of
(43:29):
money through stable points and through local banks issuing stable
points against backed by US treasuries, and that then gives
us a banking model that's very similar to where we
were in the free banking system post reconstruction or leading
up to and through yah.
Speaker 3 (43:44):
Posts, where literally everyone made their own dollar, right, you
had your your own coin.
Speaker 1 (43:49):
Yeah and now and and it was and it was
fine when it was a golden silver standard because you know,
you just minuted it and you can melt it down
and restamp it. Today, what you have to do is
you have to back it with a common de nominator,
which is treasure nominator should be the US Treasury should
be the US treasuries. And if we fix the fiscal position,
the US Treasury, you know, T bills or whatever are
going to be just fine.
Speaker 3 (44:10):
So how does that work with interest rates? Then do
interest rates go down with this?
Speaker 1 (44:15):
They could? It all depends on what the market for
the you know it's gonna be. You're gonna watch the
price of dollars go up and down like they should
based on the demand for capital. And we should also
see a reregionalization, real reregionalization of the cost of capital
within the United States. So that you know, this is
one of the things that I've been I've talked about
(44:37):
in other venues and because I've discussed it in depth
in my in my newsletter, which is the durable political
advantage that was created by the singular FED funds rate
created the modern California mm hmm, okay, Now what do.
Speaker 2 (44:54):
I mean by that?
Speaker 1 (44:55):
What I mean by that is that when you have
a singular FED funds rate, similar to how you have
a singular exchange rate for the euro and everybody understands
it in terms of currency, it's easy over in Europe.
Now the deutsch Mark would be far stronger than the
Euro is and the Italian and the Italian hero would,
(45:16):
for example, would be lower. And so therefore what that
really does is it sets up and since everybody else
in the UK and the U can borrow at Germany's
credit rating, then Italy runs a durable trade disadvantage through
currency arbitrage between the Germans and themselves. And that's why
the pigs are the pigs, and that's why all the
(45:38):
political power rolled up to Germany and to a lesser extent,
France now, because that's because it's literally currency arbitrage, and
then obviously bond arbitrage and everything else is the mechanism
by which you know, you know, currencies are supposed to
to be reflective of the efficiency of capital usage within
(45:58):
the economy. Germany is getting a cheap freaking euro, Italy's
getting an expensive frigging euro. Right, So, in the United
States you do the same thing. You can do the
same analysis. If everybody's borrowing at the same rate. In Europe,
they borrow a different rates with a singular currency. In
the United States, we all quote unquote borrow at the
same rate using when we all have different demands for
(46:22):
capital and all have different capital efficiency. I did an
analysis when I started going down this rabbit hole the
for the newsletter, I did an analysis of and I
set the hypothesis like the good scientists that I am,
I said, I think this is true. And then I
went ahead and I looked, and I looked at the
share of the electoral votes of two states in the
(46:44):
United States that were both in the Union in nineteen hundred.
One was California and the other was Mississippi. And they
both had nine and then and they're both at nine
all the way up until nineteen the Banking Act of
nineteen thirty five, which created the monol the thick FED
funds rate, the singular New York Fed Fed funds rate,
and then all of a sudden, California started to take
(47:06):
off m because and Mississippi. Today California is fifty four,
Mississippi is six.
Speaker 2 (47:15):
Yeah.
Speaker 1 (47:16):
Now the and and even New York at its height
was never more than nine percent of the doctoral vote
and to California to day is over ten. It's still
ten percent, and it should be fifty one because the
census was wrong. But the point being is that what
happened was the government started funneling money into California through
the defence and Silicon Valley and all of this stuff
(47:39):
built out modern California, and then California because of that
rising to cost the capital because of the rise in
demand for dollars. Interest rates should have gone six percent
in California, yeah, and capital and Missisippi should have been
two percent if it was you know, the Fed funds
rates four right, didn't happen, so that some of those
contracts should have gone to Mississippi and there for those
(48:00):
two things wanl to balance themselves out over time.
Speaker 3 (48:02):
Isn't that exactly what President Trump is doing now with production.
He's trying to bring that back, right, Yeah.
Speaker 1 (48:08):
But he's trying to level that playing field. And also
his his salt DAX deduction or the salt deduction cap
from the first set of from tax cuts back in
twenty seventeen. I dubbed then the greatest piece of political
durable advantage, Like it's since FDR somewhere the Corps Ofsity.
FDR is smiling from on high because the FDR wishes
(48:31):
he had that kind of thing, because it's set in
motion the draining of the high tax income tax states
to the low tax states. I watched money drain in
from Florida, New York, from California in New York and
New Jersey and everywhere else in the Florida.
Speaker 3 (48:45):
Right and take my house. Yeah, exactly, exactly. Wow, Wow,
that's that's amazing. I love listening to your analysis of
this stuff. I mean, we're in I hope someone is
documenting this properly because it feels like no one is.
Speaker 2 (49:01):
We're so is everything so ephemeral? You know it's here today,
you know tomorrow you were talking earlier.
Speaker 3 (49:06):
I was just thinking about this, you know, when we
get some of our time back and we can you know,
play with our kids or go take our wife on
a date.
Speaker 2 (49:15):
You know.
Speaker 3 (49:16):
The problem is the and I'm not sure who really
is behind the new opium, but I mean, the doom
scrolling is is a is a national health emergency. It
is so I was I was reading Facebook or meta
filed with the FTC.
Speaker 2 (49:35):
I was reading this article today.
Speaker 3 (49:37):
And it's about them having to there'll be certain restrictions
on being a social media network. Age restriction just coming
for everything, by the way, every app is And I'm
sadly I think the digital ID.
Speaker 2 (49:48):
Is really in our future for this very reason.
Speaker 3 (49:50):
That's how they're gonna they They are going to usher
it in probably similar to the brit card.
Speaker 2 (49:55):
We'll see.
Speaker 3 (49:57):
And they filed a brief with the f TOC and said,
you can't call us a social media network because only
seven percent on Instagram and seventeen percent on Facebook use
any of our social tools with friends they follow. All
the rest is spent scrolling video from people they do
not follow and are not connected to in any manner whatsoever.
Speaker 2 (50:21):
And when I heard that, I'm like, we.
Speaker 3 (50:23):
Are sick, we are really really sick. We've got to
stop this this insanity.
Speaker 1 (50:31):
Well, you know, it's really funny. You'll be you'll be
imenheartened to here. And I like to bring her up
all the time because she's one because she's awesome, and
two because she's my daughter, which is that my daughter
to considers Twitter and absolute healthscape for exactly what you
just described that it's actually driving all of us irretrievably insane.
It's bad for us in every way. So you know,
(50:51):
I caught her the other days and she's and she's
and she's an online check. I mean, she's not jes Or.
She's nineteen, so.
Speaker 2 (51:00):
Yeah, oh yeah, so she's she's been saved.
Speaker 3 (51:02):
There's a whole gen part of the gen Z population
and they are they're listening to us, Tom, They're listening
to us. They are searching, they're searching for real information,
they're searching for authenticity. They are not And you know
what this is what scared is already interrupt you. But no, No,
we had to meet up in Fredericksburg and there was
a lot of people there is where I live in Fredericksburg, Texas,
(51:26):
and there were a lot of gen zs and they're
early to mid twenties, they're married, they're expecting kids, and
they say, you know, Adam, you have to understand. When
COVID hit, I was in high school, so that was yeah.
And you know where you know, soft times make weak men.
Weak men make hard times. Hard times make hard men.
(51:48):
I think that we are now in that position where
a whole group, now the whole bunch of.
Speaker 2 (51:53):
Gen Z, became trans you know. And this was an attack,
a direct attack.
Speaker 3 (51:58):
It only really happened during COVID when everybody was online,
and and so we've lost some and I'm not calling
out trans specifically, but as a as a very obvious
thing that happened.
Speaker 2 (52:12):
And there's a whole group that went no.
Speaker 3 (52:15):
No, no, no, I'm not having this, and that's that's
your daughter, that's my daughter's a millennial. But she she
already figured this out a long time ago. She also
didn't go to college, which I think is why what.
Speaker 1 (52:30):
What I'll say about what I'll say about my daughter,
And I'll say, she's actually in both camps because you know,
she has direct experience with with you know, with that
and with with with the transgenderism in her high school
and amongst her friend group. And she also has uh,
you know, has a different perspective on it in other ways.
(52:50):
So you know what's interesting with her is she recognizes
all of these things that are happening. And while she
doesn't necessarily agree with me that I happened to this,
I look at those so much of this night to say, look,
and I talked to her about this the other night.
To me, this just looks like it. And I mean
this with all degree of empathy, that this is a
coping mechanism for all of the anxiety. This is for
(53:10):
all I mean when you when you realize that the
half of these kids and you look at their parents
and you go, oh, I know, I get it, like
I get like, why you are where you are. Look
at the parents, look at the way the other kids are,
look at the look at the anxiety that we're all under.
And the fact that you know the fact that, like
the parents can't make ends meet, they're the right, they're
(53:33):
almost deracinated in their own homes. Right, So when you
realize that. And then I have millennial friends and I
remember sitting down chatting with them and I'm like, oh,
I know why you guys are the way you are. Oh,
that's easy because you watch your parents go work three
times exactly. That ain't tough. That ain't tough. And you
and your parents don't speak, do you. Yeah, not really,
(53:55):
I know why because like your parents one broke three
times and you know, and so and then I'm I
have the odd And by the way, so does Dexter White.
We have the weird thing, having been the Lake kids
from silent generation. My dad was born in twenty eight
my mom was born in thirty three days with depression.
(54:15):
There were kids. My dad was forty when I was born. Okay,
so he's the youngest of eleven of the young I'm
the youngest of four of the youngest of eleven. My
grandparents all came over on the boat one hundred and
twenty years ago. Yeah, okay, so in many ways, so
as Dexter White's the same thing. They didn't have their kids,
you know, they didn't have their kids until they were
late too, right, So we are we are these these
(54:38):
like kind of high gen X kids. I'm born in
sixty eight. He's born around the same time, Like we're
born in that era of like the peak of jet
What is gen x in terms of the ethos. We
don't have boomer parents, not even early boomer parents. We
have we have World War two generation parents. Yeah right,
my dad just missed going to World War two who
(54:58):
wound up in Korea. So we have a different perspective.
And we grew up during the depression of the nineteen seventies. Yes,
we had depressionaier parents with a depressionaier childhood, and so
we have a just a different mentality. And I think
that so we get why these kids are this way
and why they're you know, we have empathy for them,
(55:20):
but we also don't have patience, no or because you
can't have patience for it. You have empathy, but you've
got to go. This is time with big boy pants.
I'm sorry it sucks. I apologize my daughter all the time.
I know, leaving your world of shit, doing my best
to not leave your world of shit. But we'll get
through it together. The first long as I'm still here, you.
Speaker 3 (55:38):
Know, as I'm listening to you, I'm reflecting back on
my own child. My parents were both born just before
the Second World War, so not really Bobby socksers, but
not really hippies. Actually, my dad was more want to
be hippie if anything. My whole family is government, you know,
all kinds of from military to intelligence. My uncle is
Donald greg He was now security advisor to Bush Senior.
(56:03):
He held that role until I ran Contra. Then after
he had to go to become ambassador to Korea. Uncle
Donna is still with us, and he's let me ask
him a lot of things. I've learned a lot about
the pickle factory and how that works. But my parents,
(56:24):
so we moved to the Netherlands in seventy two, and
that was right when the oil crisis hit, and so
the couple first. I remember that the dollar was five
guilders at the time, which is unthinkable now, and we
(56:44):
had Carlss Sundays. So there was literally you could not
you know, talk about rationing. You could not drive on Sunday.
We'd be riding our bikes on the highway on Sundays.
It was the most bizarre thing. And then living there
and then going through the euro which literally this is
when I we really started the podcast once the Lisbon
Treaty got signed, because if you recall the Lisbon Treaty,
(57:07):
Ireland didn't sign it. They said no, they voted no.
And then you know, the.
Speaker 2 (57:12):
Jackals came out and went, you voted wrong.
Speaker 3 (57:14):
We think you need to do that again. Oh yeah, yeah, yeah,
we need to vote again. You're right, And so I'm like, well,
hold on a second. And then I looked at the
Lisbon Treaty because the way it was being sold was
you'll all.
Speaker 2 (57:24):
Have the same money.
Speaker 3 (57:25):
It's great, no more changing at the at the border.
And by the way, no more border. This is going
to be great, no more passports. It's going to be awesome.
Except for that Shanin thing over there. Don't worry about
those guys. And it was anything but awesome. You literally
went from a cup of coffee for two and a
half guilders six months later two and a half euros,
(57:46):
and the exchange for the euro to the guilder was
two ten, so you know, the price is double, but
wages didn't of course, and everybody's like, oh, it's for Europe,
It's good for Europe. I was just like, what is
going on on? I saw everything happened. I saw the
because I came back to the States at the end
(58:09):
of ninety nine to go back, and you know, lived
in Holland for a while and then Belgium, then England,
and I remember coming back in ninety nine and of
ninety nine and I and.
Speaker 2 (58:23):
There was what has happened to the country.
Speaker 3 (58:25):
And there was this famous politician, Pimforton, and he was
this very educated, I mean to the elitist.
Speaker 2 (58:32):
Level, six foot five my height, bald, gay, but.
Speaker 3 (58:37):
Dressed in these beautiful suits, and he was saying, we
have to stop the Islamification of our country. And I
had missed all this in the in the years that
I'm being gone, and I look around him like, wow, Wow,
something something is going on here. His party won by
a landslide posthumously because he got assassinated two weeks.
Speaker 2 (58:59):
Before thee in Hollands. He got assassinated outside a radio studio,
you know, by of course.
Speaker 3 (59:06):
Some crazy uh, some crazy guy who was an animal lover,
bull crap who was now out. You know, he served
his twenty years and he's out and he's free again.
Speaker 1 (59:17):
And and then's he's free to get the gold watch
well whatever and the book deal and you know.
Speaker 3 (59:22):
And then there was Teo Direct descended to Van Go
and he was quite famous as a journalist.
Speaker 2 (59:31):
As a writer, very like kind of like a real
leftist type of guy.
Speaker 3 (59:36):
And he invited me on his on his TV show
once and then he said, Adam, I got to talk
to you. I got to talk to you. So yeah,
come by the house. And he came out and says,
what are you doing here? What are you doing here?
You're an American?
Speaker 2 (59:48):
Leave while you can, leave while you can. And I
was like, wow too, like you're kind of crazy. He
was murdered, shot.
Speaker 3 (59:56):
Down by some Islamic Jihadis nut job and stuck a
knife in his chest with a note of the other people,
which was Ironhir Sciali, who they were going to go
and kill. I mean, the stuff that happened in the
past twenty twenty five years in Europe in particular, like
my daughter's still there, she's thirty five.
Speaker 2 (01:00:19):
Now, and you know she has a dual nationality.
Speaker 3 (01:00:23):
I'm like, baby, really consider coming over here at some
point because this is not going to end well. I mean,
they don't care about their own people. You look at
the UK, just bring it back to the North Sea Nexus.
They do not care about their citizens at all, at all,
at all. This goes back to the population bomb people,
(01:00:43):
the you know, climate change, which has been you know,
part of their mission forever. They just want less people.
They just want to kill people. And I don't know,
it's it's insane. I mean, I don't know if they're
reptiles or what they are, but it's an insane, insane
mentality they have towards the world.
Speaker 2 (01:01:00):
Is just nuts.
Speaker 1 (01:01:02):
They're they're they're you're you're correct, they are insane. You're right.
Speaker 3 (01:01:09):
In breeding, man, It's got to be inbreeding of the
royal bloodlines.
Speaker 2 (01:01:12):
I can't see any other reason.
Speaker 1 (01:01:15):
The thing is that even even that leadership, I don't
even know that they're like as you as you pointed
out earlier, they're not They're not deeply impressive people. And
then who's who's who? You know, who aren't who's actually
running things? And and think, of course the answer to
the question, of course, is that nobody's running things. I
always like to use the phrase those people who think
they run the world, not the people who run the word,
(01:01:35):
because there always nobody that runs the world. But there
are people who are close enough to the top of
the power structure who have the ability to give orders
to Like I like to call it, now, you have
the high table, and you have upper management, and you
have middle management. That's the way I like to look
at it now.
Speaker 3 (01:01:48):
I loved I think it was you who said, Hillary Clinton,
middle management.
Speaker 1 (01:01:52):
Middle management, people middle management, middle management, middle management, order
taker or order maker? You decide, right, George Sorows is
upper management. He's the upper mentor of the high tables strategy. Yeah,
it was interesting about where we are in this moment
in time. And this is one of the things I
started thinking about. Literally, I think it was on Sunday
(01:02:14):
I was doing with the market report for the patrons,
and I was doing the kind of free association ranting
thing that I always do. And there I do like
an off the cup anywhere from twenty five to thirty
five or forty minute private podcast where I just literally
riff right. I do this three times a week, twice
for my patrons and once.
Speaker 2 (01:02:32):
For Newsman.
Speaker 1 (01:02:34):
News Maxim only do fifteen minutes. They have me like
found down to thirty minutes and get out, which is fine.
Speaker 3 (01:02:40):
Fine, but you get more people listening on the podcast.
Speaker 1 (01:02:43):
So yeah, it is what it is. It's just meant
to be a short update for the people. It's actually
just hard for their It's not it either here nor there.
I understand why they want it that way, and it's fine.
So it's actually good discipline for me. But what I
was thinking about the other day was that. And again
this goes back to converse I've had with the m
Berlin game I've had with even my friend Alex Craneer
and others. We've all talked about like what's the process,
(01:03:06):
what's Trump doing? Like what we can see he's winning,
we see he has a strategy, and then you think
about it, and it starts with public money first. So
he cut off all the public money, all of our
tax money going to turn us into more into perpetual
tax cattle, right, And that's the USAID, that's national now
for democracy, that's the Ford Foundation cut off that's Harvard,
that's all that, that's all public money, right, cut all
(01:03:28):
that money out, that's easy, you have it under control.
And Russ Folks is going to cut off even more
of that money, you know, every day now until Chuck
Schumer finally like Knuckles under Upper Management's money. Is the
organized crime, that's the North Sea nexus. Drugs, drugs, drugs,
hiss organs, you know, all of it, the kids, all
(01:03:52):
of it, right, and Ukraine is of course a nexus
for all of this crap.
Speaker 3 (01:03:57):
When I was growing up Ukraine, like Ukraine, that was drugs.
You wouldn't even go there to get hookers. I mean,
I grew up in Amsterdam, so you know, we go
around the corner. But that's where you know the Beatles
saying about it. The Ukraine girls really knocked me out
back in the USSR. I mean, it was like everything
(01:04:19):
bad was in Ukraine, and we all knew it. Like Ukraine,
I'm not going there, no way. You don't want you
get killed in Ukraine.
Speaker 2 (01:04:26):
It's horrible. We all knew that. That's how we grew up, right.
Speaker 1 (01:04:30):
So what's funny is that's why he's going after the
Upper Management money. Now, He's going after the cartels. He's
going after the you know, the Pentel Trays, going after
Maduro in Venezuela in order to shore up the Gulf
of America, right, because yeah, right, and the Panama canal. Right,
you just like start thinking about things geographically and all
of a sudden, like the Brits do nothing but geographic
(01:04:53):
analysis of how the world's supposed to operate, then maybe
we should to do the same thing. That's why he
wants the Polar Sea routes and why he wants can
and he wants it all makes sense when you start
thinking about it that way and you create fortress North
and South America is really what he's doing.
Speaker 3 (01:05:08):
Right, Yes, Oh, it's totally shifted to North and South totally.
Speaker 1 (01:05:12):
And kicked the Brits out of Argentina.
Speaker 3 (01:05:14):
And rub and Rubio is doing a good job. Ruby
Rubiano is exactly and he speaks Spanish. He's the perfect
guy for the job.
Speaker 1 (01:05:20):
And he has all and he has a he's a
bad ass when it comes to he's well respected within
all of those communities. Yes, Marco, you know, I like
to can we call him foam party Marco because.
Speaker 2 (01:05:29):
We know we know what he used to do. We
all know, we know that.
Speaker 1 (01:05:33):
But you know, and when and when and when the
globalists were in power, he was a neocon. And now
that he's unleashed and been given a very specific role.
Now he's the hardest work. Now he's the honorary Haitian
in the Cabinet's what every job there is?
Speaker 2 (01:05:45):
Right?
Speaker 1 (01:05:46):
So did I say that out loud?
Speaker 2 (01:05:50):
I heard it. I love it. I love it.
Speaker 1 (01:05:52):
I love it. So no, So, but then go back
to the public money, private money, upper Management's money. How
do you once you start taking out Upper Management? Now
the High Table doesn't have anybody to issue orders to.
But the interesting part about this is, and I started
thinking about, how can you get the High Table to
put their money on the table into the system that
(01:06:14):
they've they've been stealed. They've been using the system to
extract all the wealth, all the bank goes and the
memorants we talked about earlier, the thousands of tons of
gold they have in bolts and banks that and the
ones ever heard of, right, all the James Bond stuff,
that's true, right, Just real bankers don't have Wikipedia pages,
you know, the whole nine yards.
Speaker 2 (01:06:32):
Right, So when you.
Speaker 1 (01:06:33):
Think of it that way, right, what would it take
to get them to put their money on the table.
Maybe you take away there, you start going after the
gold bullyon trade. Oh that didn't get you, that didn't
get your attention. You weren't going to caugh up your gold?
Well how about all your goddamn silver? And if that
doesn't work, what happens when we fire all of these
(01:06:55):
government employees that are all sitting on these mortgages on
these houses that black Rock and State Street and Vanguard
have been buying up and then doubling them and then
selling to each other. Like black Rock buys a house
for four hundred grand, sells at the Blackstone for seven hundred,
sets the market in the area, and then prices everybody
out of their own out of their own neighborhood, and
then rents their own house back to the well.
Speaker 2 (01:07:16):
You had. You had such a good, such a good rundown.
Speaker 3 (01:07:20):
I actually played it on the show about the Petit Bourgs.
Speaker 2 (01:07:23):
We the middle class? How do you screw the middle class?
Speaker 3 (01:07:27):
And you know you do this by zero interest rates,
get everyone to buy you get the financial crisis, then
pop them, then pop them with inflation. I mean, wow,
that is like classic, you know for centuries, for centuries,
this tactic has been applied.
Speaker 1 (01:07:41):
So what we're doing now is we're trying to get
as opposed to the money rolling up from us to
middle management to upper management to them. We're trying to
get them to put their money back on the table
to keep the system they have from deflating. Was if
their system deflates before they can pry it.
Speaker 2 (01:07:56):
The thing I've been thinking about Adam, and I've been like.
Speaker 1 (01:07:59):
A lying this model everywhere is they have to still
think they can win. Oh sure, because if they still
think they can win, then they're gonna put their money
on the table. It's like the sucker at the at
the poker table. If you don't know that you're who
the fish is at the poker table, it's you. Yeah,
it's so what you got to do is keep letting
them think that they're not the fish, right, and they'll
(01:08:22):
keep putting their money on the table. In the same
way that I think this is how Putin's been running
the operation in Ukraine. Keep giving NATO this or you know,
the European armor of NATO this illusion that they can win.
They'll keep dumping men and material in Putin can blow
it up with one hundred and fifty five millimeters shells and drones.
It's cheap, it's effective asymmetric warfare.
Speaker 2 (01:08:41):
And Trump is playing along with it. Hey, buy our stuff,
buy our stuff, buy more of our stuff. Buy go
ahead and buy our stuff.
Speaker 1 (01:08:48):
And I you know, and I'll be honest with you.
What's funny is I was. I was talking to Vince Launchi.
It didn't make it into the podcast. Eventually reminded me
of it about this after we stopped recording, but then
he posted the chart up on his Twitter feet a
couple of times said you have to realize, Tom, I
can see it in real time. The Chinese and the
United States are going back and forth. It's your turn
to buy cold No, it's your turn to buy golf. Now,
(01:09:09):
you should buy some gold. Now, I'll back off and
you can buy some gold. And they're just playing. And
they're doing the same thing in the silver market now
and the price up, and that's what's tippy, tapping the
price up and every time so that then the United
States backs off. Then London comes in and tries to
set the price, and the Chinese come in and whack
them in the head and they take and they take
physical delivery of everything, and the next month of the
(01:09:30):
United States does it and they think they're they're oh, yeah, no,
this is this is like a rag doll and you
got the Chinese on one side to get the United
States on the other. In London's in the middle, and
they're going, yeah.
Speaker 2 (01:09:41):
Pull, wow, it's beautiful. That's mind blowing.
Speaker 1 (01:09:46):
Wow, Wow, it's beautiful, and you're like, it's funny. You
only get perspective like this when you've actually been at
a at a at a table, right, when you've actually
physically been at a table and you've done this to
other people on a board game setting or a live
action role playing setting, which I've done. And so I'm like,
I've done this a thousand times. I'm going to play
(01:10:08):
that guy allver that guy, and then I'm gonna take
no apart and then I'm gonna win. And so to me,
this comes naturally because I've done it a thousand times.
It's just like wow, you know, it's just one of
those things. But you know, and then there's there's a
whole well, let's stink what would mberor Palpatine do?
Speaker 2 (01:10:23):
Right?
Speaker 1 (01:10:24):
And then you say you ask yourself that question, can
you get yourself in that headset space. I can't every
once in a while and then I have to go
take a shower. But you know, it's also the way
I get my job done. And I'll just.
Speaker 3 (01:10:35):
Add one thing just because I feel obliged to. I
got saved three years ago here in Texas. And when
I look at throughout history what God has done and
what our country was really founded on.
Speaker 2 (01:10:47):
I mean, if you really.
Speaker 3 (01:10:48):
Look at the documents, you really look at the Mayflower Compact,
if you really look at why people came here by
the way to get away from the Church of England
run by the king.
Speaker 2 (01:10:57):
You know, for a whole bunch of reasons. God loves
bad boys.
Speaker 1 (01:11:02):
Man.
Speaker 3 (01:11:02):
He loves making the broken, the flawed, the nutjobs, the liars,
the philanderers, the thieves.
Speaker 2 (01:11:10):
He loves using them.
Speaker 3 (01:11:12):
And I my prayer is, thank you God, thank you.
Speaker 2 (01:11:16):
I think you've done it.
Speaker 3 (01:11:17):
And you're using President Trump and he might even know
it at this point kind of a little bit, but
it doesn't matter.
Speaker 2 (01:11:25):
You know.
Speaker 3 (01:11:25):
I get a lot of Christians saying, you know, there's
no Jesus, like he's my president.
Speaker 2 (01:11:29):
I didn't vote for my pastor. This guy's being used.
Speaker 3 (01:11:33):
He's being used for something and we've got a couple
of years and enjoy the show because this is this
is a hand that's coming from above.
Speaker 2 (01:11:41):
There's really something beautiful going on here there.
Speaker 1 (01:11:43):
You know, I'm not particularly I like to still consider
myself ecclesiastically confused.
Speaker 2 (01:11:51):
That's that's oh way, okay, brother.
Speaker 1 (01:11:54):
Okay, that's good. But at the same time, when I
went to the Cornerstone up in Calgary this year before my
friend Sean Newman, I did a fifteen that speech about
quantum mechanics and eigenstates of being in Philip K. Dick
and said, look, we chose to be in a different
we chose a different timeline when when we looked at
Butler Pennsylvania said no, he misses. I don't want to
live in that timeline, and we just decided to live there.
Speaker 3 (01:12:14):
Wow.
Speaker 1 (01:12:15):
Yeah, I'm okay with that.
Speaker 2 (01:12:16):
Good way to look at.
Speaker 1 (01:12:17):
It, Yeah, you know, And then I brought it into
The Lady and the Tiger and some other stuff, and
I said, you know, in my in my version of
Lady and the Tiger, who says the tiger's bad because
it could be a sleeping tiger and the lady could
be fucking Hillary Clinton.
Speaker 2 (01:12:31):
You know, that's right.
Speaker 1 (01:12:33):
So it all depends on your frame of reference, and
it all depends on whether you want to cast somebody
as the hero the victim of the villain. And in
you saying that, one of my favorite pieces of fiction
that wasn't written by Philip K. Dick is Stephen Donaldson's
Thomas Covenant series, which is a classic story of how
God uses the worst man imaginable, a leper rapist, to
save the world. Yeah, and save himself in the process. Yeah,
(01:12:57):
it's an amazing story. These stories exist for reason, man,
and it's there's a reason why that that book was
the you know, the reason why that book in the
nineteen seventies, nineteen seventy seven gave us Stephen Donaldson and
Star Wars to unbelievable pieces of redemptive fiction or a generation,
and it was you know, people don't realize this now
(01:13:20):
because they haven't lived on you know, because we've all
outlived all this. But that was the thing that was
the series that brought fantasy literature back from the wasteland,
you know, after Tolkien hit its peak, hit his pay
for twenty years, it was it was in the wasteland
and then Donaldson.
Speaker 3 (01:13:37):
Just in Tolkien, man, that that's his stuff is biblical.
Speaker 2 (01:13:41):
His stuff is biblical. It really is. It is beautiful, Yeah.
Speaker 1 (01:13:44):
It is. It's it's a he explicitly, explicitly meant it
as a Catholic allegory, and well he hates the word allegory,
but you know what I mean. And I love the
fact that when I realized, you know, things I know
about what Tolkien did and reading and writing that novel
(01:14:04):
an immense piece of work, which was he didn't how
to end it. It took him ten years to figure
out the ending. He had it all written and he
couldn't figure how to end it.
Speaker 2 (01:14:12):
It's so true. Couldn't figure that one out, Yeah, exactly.
Speaker 1 (01:14:16):
And then he finally came up, of course, with the
perfect ending, which is that photo fails and then he's
saved by the wreck, right.
Speaker 2 (01:14:25):
Dude, you give me homework.
Speaker 3 (01:14:28):
Now there's things I got to read now that I
haven't read this stuff I got to bone up on.
Speaker 1 (01:14:33):
No, I mean, I'm not a very well read man, Adam.
I I larp as one brother, No, man, I really
am not. I just really know the ship that I
know really well, and I just use it over and
over and over again, and I care deeply about again
all signal, no noise. I don't read a bunch of crap.
But you know, I curate my music very carefully, and
(01:14:53):
I you know, and I curate my my literature very carefully.
And I'm a little bit you know, I'm a little
bit freer with what are.
Speaker 2 (01:15:00):
You listening to? What kind of music? A you're listening to?
Speaker 1 (01:15:02):
I'm a I'm I just got scored Rush tickets for
the fifteenth time.
Speaker 2 (01:15:08):
Are you kidding?
Speaker 1 (01:15:09):
I've said I saw them on every tour from Race
under Pressure.
Speaker 2 (01:15:12):
It's not the same without Getty, man, it's kind of weird.
It's kind of weird. It's not the same without Getty
Lee me Neil, Neil, I'm sorry. Yeah, yeah, it won't.
Speaker 1 (01:15:22):
Be, but it won't doesn't have to be be something different,
and it'll be fun for it to be something different.
I'm looking forward to watching the exercise and Ghosts.
Speaker 2 (01:15:29):
So it's modern. It's a new new version of deadhead man.
It's like that fish.
Speaker 3 (01:15:35):
It's so many friends of mine just love Rush, just
just love it. All their passwords are twenty one twelve.
You really got to do something about that.
Speaker 1 (01:15:45):
Yeah, I know, that I agree with. We'll agree with
that with that as well. And that brings me back
to you know, when I was a teenager and I
was a huge Rush fan. Back when I was a teenager,
when you were on MTV, I used to like scour.
I used to watch MTV for hours, like we did
not We didn't play enough. I think, really it didn't.
But I watched what I could watch and I had,
and I would sit there with the VCR and I
(01:16:05):
would tape it and I remember getting getting a great intro.
I got two minutes of the absolutely gorgeous Martha Quinn
and then the Big Money video and I'm like, I
lived with that like throughout all of my high school.
It was brilliant.
Speaker 3 (01:16:18):
So oh man, the fact that VHS it comes up
in the conversation is crazy.
Speaker 1 (01:16:23):
By Oh, I'm sorry, I had a Beta Max. How
was that much of a g.
Speaker 3 (01:16:26):
I I had the V two thousand system from Phillips,
which was far superior to everything, and literally went nowhere.
Speaker 2 (01:16:33):
It just went nowhere at all.
Speaker 1 (01:16:35):
Yeah. Oh yeah, no, it's it's really funny, like I like,
this is a this has been the kind of conversation
which is just of course sparks, all sorts of of
of memories and everything else like my entire life. But
you know, I get called on my my inveterate use
of pop culture references all the time. But you know
what's funny is you bring up you know, you bring
(01:16:57):
up you know you're having been saved, which is you know,
it's phenomenal for you. I'm very happy to hear that
that that's what works for you, truly, you know, for me,
like the temple for me in growing up was the
movie theater during the mid eighties, and I really did
spend a lot of That's where you know, I was
a very very disillusioned, disaffective kid. So I like when
(01:17:18):
I say these kids, these post COVID kids, I have
empty more than I'm like, dude, like, you know, barely
off my fucking house. And as a kid, and you know,
it was that was the refuge and the things that
I cared about were the things I cared about, and
it was the way I could, you know, I could
I could function. So yeah, we didn't.
Speaker 2 (01:17:38):
Really have that the Netherlands. Going to the theater.
Speaker 3 (01:17:41):
I mean, first of all, the media landscape was two
television stations, right, and the come on at seven pm
the same bong news five minutes, and then they would
go off air at eleven thirty. I mean radio was
even worse. You had four radio stations, all government controlled,
which is why I very early on I became a
(01:18:01):
pirate radio broadcast. So that's how I started. I was
doing pirate radio in Amsterdam. I had radio decibel. Oh yeah,
I was seventeen, and we had a big pylon mast
on the roof and the FCC they were listening, So
that'd come by every six weeks. Okay, we got to bus.
You guys, come downtown. We'll take your stuff. We were
on the air. Within eight hours, we're back on the
(01:18:22):
air and we were playing so mind you, the Top forty,
the popular music station in Holland at the time, was
playing polka music, Lawrence Welk.
Speaker 2 (01:18:31):
You know, we could hear Wolfman Jack on long wave.
There were some of the older pirate stations on the
North Sea.
Speaker 3 (01:18:39):
But we were FM guys, and so we were playing
Chicago Warehouse Import records. Madonna came by before she was Madonna,
you know, did hash.
Speaker 2 (01:18:49):
Under a glass right there in the studio.
Speaker 3 (01:18:51):
I mean, we were and that's how what I really
learned about community, which you know, you and I have
both we talked about that in the beginning community how
community is so important to the product that you make,
you know, And they were they were really a big
part of it.
Speaker 2 (01:19:05):
Not just because they were bringing me weed, you know,
but but they were.
Speaker 3 (01:19:08):
They were bringing records they had they had got in
from somewhere. You know, it was all import stuff and
you know, someone had been to America, came over, brought
some It was all vinyl of course, and and just
stories and experiences and it was it was so completely
different from from the socialist, uh very socialist country that
(01:19:28):
it was and still is.
Speaker 2 (01:19:30):
Honestly, it's just kind.
Speaker 3 (01:19:31):
Of covered up a little bit with with you know, commercialism,
but it's still completely socialists and you can see all
all the problem. I mean, I've lived in socialist countries. Brother,
it does not work. It's no good, and it ultimately
pits people against each other.
Speaker 2 (01:19:45):
It's just it doesn't work.
Speaker 1 (01:19:46):
Well, no, no, it's it's it's like I said, like
I like to call it the unquenchable envy of Marxism.
Speaker 2 (01:19:54):
Yes, it's so true, it's so true.
Speaker 1 (01:19:59):
So yeah, oh man, I don't know, like we have
anything else I want to talk about.
Speaker 2 (01:20:04):
No, you know, I think we quit, well we're ahead.
Speaker 3 (01:20:07):
I would love to do this again in the future,
you know whatever, whenever it works out for you, when
you feel it's appropriate or I have something to say.
We don't have an interview show. You know, it's just
John and Adam, your two uncles were almost car talk.
Speaker 1 (01:20:22):
But I remember with hype.
Speaker 3 (01:20:25):
Oh yeah, you know, you come for the media deconstruction.
Speaker 2 (01:20:29):
You stay for the stories because we got stories, of course.
But I love what you're doing. I love your guests,
I love your show. I love you.
Speaker 3 (01:20:38):
I love the ladies from Promethean Action. They are like
they're updates, like oh yeah, you know, like I'm ready,
I'm good to go. I thank you really for the
work that you're doing. It's been very impactful for me
and for for the No Agenda family as well. Because
you know, you were talking about the pipelines that was
episode one twenty one. We're now at eighteen oh seven,
(01:21:00):
and I remember, you know, the pipelines that was. We
talked about that.
Speaker 2 (01:21:02):
For for years and years and years and would.
Speaker 3 (01:21:05):
Be tracking the pipelines and like, look, all all conflicts
are about turf. Three things turf resources and there's always
a hooker involved somewhere. It's always the same thing. And
so the pipelines thing, we really you know, we had that,
and then you know COVID, which you know, I'm sure
you had the same like you know, that was a
whole different deal.
Speaker 2 (01:21:26):
Uh.
Speaker 3 (01:21:26):
And people, we really helped people without even knowing it.
I think through that period they would just they just
needed community, you know, community that wasn't insane, and so
that that that helped. And now you know with everything
going on with the with Trump too. Uh, it was
just it was the wake up call that I needed
(01:21:48):
to rekindle all these memories, all these things that I
inherently knew, all the history. I mean, I went to
Dutch school since fifth grade, so I understand what the
Dutch did and I have more of a more insight
than most people get going through the American education system.
Speaker 2 (01:22:06):
So it just all clicked. And I really thank you
for that, brother. It's been really really helpful.
Speaker 1 (01:22:11):
But you know, you're welcome. I guess the only thing
I can really say, and that's all you wanted to
hear that, and I appreciate it, and you know, well
we'll just leave it there. Then, Adam Curry, this has
been a blast. You will, of course, are welcome back
on the show whenever you want. And if you know
you want to bring John along for the ride one
of these days, He's more than welcome to that'd be fun.
Speaker 2 (01:22:30):
You should have him on by yourself. I should have John.
You would love that.
Speaker 1 (01:22:35):
If you want to set up the the invitation, because
you know that I'm socially awkward, I would really appreciate it.
Speaker 2 (01:22:41):
I will make the connection. He will love.
Speaker 3 (01:22:42):
He doesn't get asked enough and quite honestly, he doesn't
leave the house much, so be able to do this
on Zoom would be great.
Speaker 2 (01:22:50):
He would have a.
Speaker 3 (01:22:51):
Ball because that is a smart guy with more historical
knowledge than you and I have put together.
Speaker 1 (01:22:58):
He really that would be fun and I would.
Speaker 2 (01:23:00):
I would love to do it, and I'll make that happen.
Speaker 1 (01:23:02):
As I like to say, I understand the whole idea about,
you know, not getting out of the house, because on
the best days, I'm barely fit for human consumption. So
with that said, Adam Curry, this is He's the No
Agenda Podcast, one half of the how About This? The
better half of the No Agenda podcast, No No, No,
and then I'm Tom Lulongo. You can find him on
(01:23:22):
the R. Where are you on Twitter?
Speaker 2 (01:23:24):
I'm at Adam Curry on Twitter.
Speaker 1 (01:23:26):
At Adam Curry on Twitter, I'm TfL seventeen twenty eight Patreons,
last Gold, Goats and Guns. You guys know the drill.
I be well, take care and keep your stick on
the ice.