Episode Transcript
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Speaker 1 (00:10):
Warning The Root, The Root, The Roots on Fire.
Speaker 2 (00:14):
You're about to experience the most high octane pedal to
the metal controversial show of your life. Please buckle up
and hold on tightly. This station is not responsible for injuries.
This is Wayne Allen Root, direct from the entertainment capital
of the world, Las Vegas.
Speaker 1 (00:29):
What time is it? It's time War War.
Speaker 2 (00:34):
Here's your host. One hundred percent raw truth, one hundred
percent American made the Warrior, Wayne Alan Root.
Speaker 1 (00:54):
All Right, Wayne Allen Root, The Root is on Fire.
Speaker 3 (00:58):
Welcome to the Show Wars official podcast, The Gateway pun In.
Over one billion page views this year and counting over
one billion last year. Two point five million unique readers
every single day. We are the official podcast of the
Gateway Punin. I'm proud of it. We're also on Patriot TV.
You just tune in every day. One of my good
(01:18):
friend's Dave, I call him my super fan, out of Allentown, Pennsylvania, fireman,
great guy, Salt of the Earth, become a good friend
of mine. We text all day long. Dave says he's
joined the real world. He's not a dinosaur anymore. He
actually got the app for Patriot TV and put it
on his TV set, probably had his grandson do it.
Speaker 1 (01:36):
That's what I do. My kids do it. His kids
or grandkids probably did it.
Speaker 3 (01:40):
But now he showed himself in his living room watching
this show on TV every day. All you do is
go down to your app, put the app on, and
click on it and boom, this show is on as
if it's a TV show. No different than Fox News.
You don't need cable, you don't need direct TV. All
you need is an app on your TV set, and
you're watching this show every single day, and don't You
could do it on Rumble.
Speaker 1 (02:01):
I didn't even ask.
Speaker 3 (02:02):
It could be on Patriot TV. It could be on Rumble.
Maybe you got the Rumble app and put it on
a TV. But it's easy to watch the show every day.
Same thing with my weekend show, America's Top Ten Countdown.
My wife and I sit and watch it every Saturday
morning on TV on my big screen TV set because
we've got the app for Samsung TV, and on that
app they've got a real America's Voice TV and you
(02:24):
click on it. You could watch Bannon and then you
watch my show. So we're on TV all over the country.
Speaker 1 (02:30):
Even if you're over the age of fifteen. You don't
realize we're on TV. You know.
Speaker 3 (02:34):
I've been writing about this for months and months and
months and years and years and years.
Speaker 1 (02:39):
I actually wrote a book about.
Speaker 3 (02:40):
It in two thousand and five called Millionaire Republican. It
was about the fact that everybody was going to move
and should move from blue states to red states or
they won't be able to survive anymore because no one
could pay the taxes in these blue states. And if
you have income tax in a blue state, then they're
just like the IRS. They could come after you in
the same year it from the IRS and an audit
(03:01):
from California or New York or Illinois or whatever.
Speaker 1 (03:04):
Blue state you live in. But if you live in
a red.
Speaker 3 (03:07):
State, that a zero ACoM taxes like my state Nevada
or Florida or Texas.
Speaker 1 (03:12):
Or Tennessee or Wyoming.
Speaker 3 (03:15):
If you're in a red state with no income taxes,
there is no tax authority, there's no one.
Speaker 1 (03:19):
To audit you.
Speaker 3 (03:20):
There's no reason to audit you. You owe zero taxes. It's
a great thing. It really is a great thing. So
everything I ever said is coming true. And I'm going
to write a column about it next week called the
Great American divorce.
Speaker 1 (03:32):
I've talked about this for two years now.
Speaker 3 (03:34):
Marjorie Taylor Green picked up on it and started talking
about the Great American Divorce.
Speaker 1 (03:38):
We need a divorce. We can't live with these people anymore.
They are insane.
Speaker 3 (03:42):
The people on the left are insane, and their values
are so different than ours. They have to be a
different country. We cannot be in the same country as
them anymore. We need a divorce and a separation. But
you know, they're never gonna let us do that. No
one's gonna allow you to seceed from the United States.
So the second best thing, in my opinion, is to
(04:03):
stay in the United States.
Speaker 1 (04:04):
But basically give them no power.
Speaker 3 (04:07):
If all the red Republican voters of America moved to
Red States, we will have all the power and they
will have nothing.
Speaker 1 (04:15):
Matter of fact, I saw a study yesterday.
Speaker 3 (04:18):
That's said in twenty years, Republicans are gonna dominate anyway.
Conservatives Republicans maga patriots because we are having something like
two point five to six babies per couple, and Democrats
are having less than one per couple.
Speaker 1 (04:31):
They don't have children. They're afraid the.
Speaker 3 (04:33):
World's gonna end. They can't have children. It's a terrible world.
Trump is president Orange Man bad no children.
Speaker 1 (04:41):
So we're out doing them two to one in children.
So in another fifteen to twenty years they're dead. It's
all over. We're gonna dominate this country.
Speaker 3 (04:48):
Well, my answer is, every person in a red state
has a duty to get their ass to a red state.
Speaker 1 (04:56):
Every I think I say that wrong.
Speaker 3 (04:57):
Every red Republican voter in a blue has a duty
to get their ass to a Republican red state. And
before you say, oh, you can't ask me to bandon
my state, my family's here.
Speaker 1 (05:08):
Listen.
Speaker 3 (05:08):
I had a mom and dad, and a grandma and
grandpa and his sister and I love. They all lived
in New York. I lived in New York and.
Speaker 1 (05:13):
I got up one day and moved to California because
I thought New York sucked. And I was right. I
did it thirty five years before the idiots figured it out. Now,
New York.
Speaker 3 (05:21):
Socks, the taxes socked, the people sock everything about it.
Speaker 1 (05:25):
Socks. You can't do business there, and the weather socks.
Speaker 3 (05:28):
So I got the hell out of there and I
moved to California, which at the time nineteen eighty nine
was still the land of Republican red.
Speaker 1 (05:35):
It was the land of Reagan and Nixon and Governor
Pete Wilson.
Speaker 3 (05:39):
When I got there, it was all Republican, and then
over time while I lived there, turned into all Democrat,
and I got the hell out.
Speaker 1 (05:45):
I moved to Las Vegas, Nevada.
Speaker 3 (05:47):
I left behind my friends at California, just like I
left by my friends and family in New York. There's
such a thing as a phone a zoom. You can
get on a plane and visit them. Everyone who knows
me visits Las Vegas two three times a year.
Speaker 1 (06:00):
I see everybody. If I live next door to them,
I wouldn't see it more than two three times a year.
Speaker 3 (06:04):
As matter of fact, I live here in Vegas. I
only see my neighbors two three times a year. Once
in a while, I walk outside, or I walk my
dog where I'm getting pulling my car to the driveway
and a neighbor's there and I wave, hey.
Speaker 1 (06:16):
Okay, that's how often I see my neighbors. But if I.
Speaker 3 (06:20):
Lived in Vegas and they lived in New York, they
can actually fly here and see me and have dinner
with me and visit So there's no reason why you
can't move in this new age of zoom and cell
phone and the Internet and social media, and everyone can
get on an airplane, people can move. People enough to
work in an office, they can work at home. Anybody
(06:42):
can move anywhere. So it's all your duty now.
Speaker 1 (06:45):
If you're a Republican to move to a red state.
We can tilt the nation red.
Speaker 3 (06:50):
If everybody in California and New York and Illinois and
Maryland and Rhode Island and Massachusetts, who's a died in
the wool red Republican and we're to move to Florida
and Texas and Nevada and Wyoming and Tennessee and South
Carolina and North Carolina and Utah and Arizona.
Speaker 1 (07:09):
Guess what would happen. We'd have all the.
Speaker 3 (07:11):
Electoral votes, We'd have all the money from the census.
Speaker 1 (07:14):
We'd be given much more money.
Speaker 3 (07:16):
Than blue states and blue cities because we are going
to get rid of the illegals being counted in census.
And if we all moved to red states, we get
all the money, and we have the electoral votes, and
we have the congressional seats, and we've basically pulled off
a divorce without a shot, without a civil war. Without
a revolution, really without doing anything special. And you know
(07:36):
I'm right, because the numbers are out. In New York
and New Jersey have lost hundreds of billions of dollars
in resident income as Americans flee to low tech states
and Florida. I'm reading a headline, and Florida and Texas
emerged as the biggest winners in a decade long migration
shift that reshapes the American economy. It's already happened, and
it's already happening. WAYNRUD was just saying, let's speed it up.
Speaker 1 (07:59):
Every red blooded Republican.
Speaker 3 (08:00):
In America needs to move to a red state and
we will have all the power. And America is already
separated and divorced, and the red states of America will
have all the power. The blue states will have nothing
but people on welfare and nobody to pay the taxes.
Speaker 1 (08:14):
Here's another story about that.
Speaker 3 (08:16):
Another Nasdaq Titan flees to Texas as blue state exodus
builds over impossible business climate and eighty two billion dollar
company is moving to Texas to avoid a blue state's
rules and regulations. Coinbase, America's largest cryptocurrency platform, has filed paperwork.
Speaker 1 (08:33):
With the SEC to leave Delaware.
Speaker 3 (08:36):
It's a shame that has come to this, but Delaware
has left us with little choice. This choice is much
bigger than coinbase. It's part of a movement of businesses
choosing markets with favorable regulatory and judicial review systems.
Speaker 1 (08:48):
And courts that will always be against business.
Speaker 3 (08:51):
And by the way, I would argue, he didn't even
mention the word taxes. Why would you want to stay
in a blue state and pay big taxes when you
can move to a red state and pay none or
very little in the way of taxes. So all these
red states are growing and exploding and booming, and all
these blue states are dead.
Speaker 1 (09:09):
Here's another article.
Speaker 3 (09:10):
Texas cements business friendly reputation after locking in tax bans
tax bans, so let's see what they're doing. I didn't
read this article, but it looked interesting. Voters have approved
three pro business tax amendments on election day in Texas,
ensuring that the lone Star state can never impost taxes
(09:30):
on capital gains, estates, or inheritances, and certain security transactions.
While Texas doesn't currently leavy these taxes, the new constitutional
amendments make that tax certainty permanent, sending a signal to
investors and corporations that the state's low tex structure is
here to stay. These votes make it clear that texas
Is structure isn't just policy, It's now permanent. So they
(09:53):
banned capital gains taxes, they banned the state taxes, they
banned inheritance taxes, and they banned securities transaction taxes. So
guess what, Everyone has a reason out to move to
Texas or another blue state with similar situations.
Speaker 1 (10:08):
Same thing here in Nevada.
Speaker 3 (10:10):
We have no stay income taxes, no business taxes, no
inherited taxes, no capital gains taxes, and probably half your
property taxes are probably half what they are in Texas.
That's the one thing. Texas has very high property taxes.
If I owned a house there and I paid fifty
thousand a year in property taxes, the same house in
Nevada would probably be ten thousand a year.
Speaker 1 (10:30):
So it's like one fifth or one fourth or one
third at the very worst of the property taxes.
Speaker 3 (10:38):
All right, I wrote a column and it came out today.
I read it to you yesterday on this show that
Trump should declare the Democrats socialists of America and the
Muslim Brotherhood and care and the communist part of the
United States, and other comedy groups and other Muslim groups
should be declared as terrorist organizations, not even domestic. They
should be declared as international terrorist organizations, just like the
(11:01):
drug cartels. And sure enough, new story out this morning.
Trumpministration targets multiple antifod groups as foreign terrorist organizations. They
will designate four ANTIFI affiliate groups as foreign terrorist organizations
and effort to cripple violent networks around the world. So
they should do the same thing with the Democrats, Socialists
of America, the Communist Party of America, and of course
(11:25):
every Muslim radical group out there, like the Muslim Brotherhood,
and care designate them as foreign terrorist organizations. They are
not welcome in the United States anymore, cut off their money,
to port them out of the country, or throw them
in prison.
Speaker 1 (11:38):
That's the way to run this country.
Speaker 3 (11:40):
So it doesn't get destroyed by the two groups that
are the threat to our existence in the future, Muslim
radicals and communists.
Speaker 1 (11:49):
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Hi.
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This is Wayne Allerut for Augusta Precious Metals. There's a
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That Americans are outliving their retirement savings, leaving them in
a doomed position. That's because the retirement was set up
this same old way, using outdated strategies from the nineteen seventies.
This may be good for financial advisors and retirement companies,
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why my friends in Augusta Precious Metals have put together
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If you have more than fifty thousand dollars in your IRA.
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Com or text Route to three five oh five to two.
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Speaker 3 (15:06):
All right, I mentioned in the last segment, this is
Wayne Alan Root, your secretary of War. This is the
Wayne sstream Media the War Zone. Great to be with you,
the biggest mag of mouth in the world.
Speaker 1 (15:16):
That's me. Lots of place to find me. Just go
to route for America. Click at the top. Watch went
on TV.
Speaker 3 (15:21):
Watch Wayne's podcast listen to Way on the radio, listen
to Wayne's podcast, and it shows you all the ways
to connect to all these shows. I was talking about
in the last segment the fact that I had written
a commentary sent it to President Trump that he should
go after the Democrats, Socialist of America, Declarementarist Organization, the
Muslim Brotherhood. And sure enough, there's a story out today
that he's going after many different offshoots of anti Five
(15:44):
different antifag groups are being declared terrorist groups. Hopefully he'll
go with the ones I mentioned as well. I also
sent them to President Trump just this morning. The following
text was sent to President Trump, Patar, I want you
to listen to this. I want you to hear this,
President Trump. Wayne all the root here just a four
year information. Obamacare has destroyed healthcare. My friend went to
(16:06):
the er at Centennial Hospital in Las Vegas. They kept
him for fourteen hours in the er. They ran a
few tests. He just got the bill ninety two thousand dollars.
He's over sixty five, so thank god he has Medicare.
He says, if Medicare pays the whole bill, then everyone
evolved yould go to prison. What a ripoff, and that's
not an outlier. Another friend went to the er two
(16:27):
years ago in Las Vegas at Summerland Hospital. They were
in for sixteen hours. The bill was one hundred and
fifteen thousand dollars. In both cases, they weren't treated with
anything or for anything. They just had tests and they
gave him a clean bit of health and let him
leave ninety two thousand and one hundred and fifteen thousand,
again over age sixty five, So they stuck Medicare with
(16:48):
the bill. Taxpayers are being hosed. Last story, another fan
of my show is sixty one years old, so she's
not on Medicare, and she needed a pacemaker and the
bill was three one hundred and thirty thousand dollars, so
she is now declaring bankruptcy. That is what's happening to
middle class Americans. If you get sick and you're not
(17:09):
old enough for Medicare, you will go bankrupt and ruin
your credit and your life is ruined.
Speaker 1 (17:15):
If you do have Medicare, then.
Speaker 3 (17:16):
The taxpayers are stuck with the insane ripoff medical bills.
Obamacare is a disaster, wayane. So I sent that to
President Trump today and then I saw this article. Trump
outlines plan to scrap stupid Obamacare and redirect the money
to Americans. President Trump delivered a game changing pitch on
healthcare during an address Wednesday, calling for a radical shift
(17:40):
in how federal funds you're distributed under Obamacare, putting Americans first.
Trump proposed redirecting massive subsidies away from wealthy insurance companies
and straight into the pockets of everyday people. I'm calling
today for insurance companies to not be paid, but for
this massive amount of money.
Speaker 1 (17:59):
To be paid directly to the peoples.
Speaker 3 (18:01):
They can buy their own healthcare, Trump stated, highlighting the
inefficiencies of the current system. So he's totally cornered Obamacare
and cornered the Democrats.
Speaker 1 (18:12):
What are they gonna say?
Speaker 3 (18:13):
He slammed the status quot, noting stocks of health insurance
company's got up one thousand percent because our country stupidly
pays them so much money with the Obamacare scandal. I
want the money to go directly to you, the people,
and vowed we will pay a lot of money to
the people and forget this Obamacare madness. The innovative approach
positions Democrats in a very tough spot, as opposing direct
(18:37):
aid to the Cistans could prove politically toxic. Obamacare is
a disaster. Currently, these payments go directly to insurers. Over
ninety percent of the marketplace participants qualify for subsidies in
twenty twenty five alone, and Republicans, including Trump, have decried.
Speaker 1 (18:54):
This as a giveaway that has bloated.
Speaker 3 (18:56):
The profits of health insurance companies, with major health insurance
stocks touring, some by as much as one thousand percent.
No matter how you cut it, Obamacare is a disaster
and a failure.
Speaker 1 (19:09):
And here's what it really comes down to that no
one wants to say out.
Speaker 3 (19:12):
Loud, because of course I must be racist, I must
be mean, I must be a terrible person. All Obamacare, ever,
was the reason for what I just told you about
one hundred and fifteen thousand dollars in ninety two thousand.
Speaker 1 (19:25):
Is it went up ten times for people who are
white or who make money.
Speaker 3 (19:30):
Most of them people who make money are white in
America and vote Republican, and most of the people who
are black in America and minority in Brown vote Democrat.
So Obama said, let's give it free to all the
brown to black people, and let's quadruple the cost for
all the white Republicans.
Speaker 1 (19:44):
That's all Obamacare ever did. That's it. Anyone doesn't get
that as an idiot. And so all the white middle
class people who've never made more than fifty to sixty
seventy thousand a year.
Speaker 3 (19:53):
In their lives are going bankrupt when.
Speaker 1 (19:55):
They get sick. Rept to visit in the er. Is
that right? Should you go bankrupt because you're white? Should
you get everything free because you're black? That's all it
comes down to, black and white. Obamacare is black and white.
Speaker 3 (20:07):
He's screwed over the white people and the Republicans who
are mostly white Republicans to give it all free to
his voters. We're mostly black and brown. That's Obamacare, all right.
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one forty eight. All Right, everything the Democrats touch turns
(22:02):
to garbage, turns to crap, turns to dog poop. Everything
they touch looks like my dog Bubba's refuge.
Speaker 1 (22:10):
And I'll talk about that as the show goes on.
Speaker 3 (22:13):
I've got so many stories here about what's happening in
blue cities.
Speaker 1 (22:16):
It's so scary. But the country as a whole is
doing fine.
Speaker 3 (22:21):
It's just blue cities run by Democrat mayors and Democrat
city councils are just turning to pure third world crap.
Speaker 1 (22:30):
That's what it comes down to. They're becoming crap holes.
Speaker 3 (22:33):
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Speaker 5 (24:01):
You waye fantastic, thanks for the intro. You know, I
got to say the market is down a.
Speaker 6 (24:05):
Little bit today, and by the way, again we've had
a great run. Yes, yes we were down today.
Speaker 5 (24:12):
But these we get a lot, a lot of questions
about this today because when it dowdrops eight hundred points
makes people a little nervous.
Speaker 6 (24:18):
That's remind everybody that.
Speaker 5 (24:20):
Is the fourteen hundredth worst decline of all time. Eight
hundred points sounds big, but it's not like it used
to be with the Dow Jones. I remember the Dow
Jones cross two thousand. You know, now we're at forty
eight thousand, So it really wasn't.
Speaker 6 (24:34):
That bad today.
Speaker 5 (24:34):
But what's happened here is this morning we found out
that the government's really not going to release in the
economic data because it's shutdown of course at BLS, which
is horrible and putting together data anyway, they're just really
not going to release it. How can they really anyway,
not that it should be trusted, but then they also
Kevin hass said today that not releasing it the shutdown,
(24:55):
i should say, is going to impact a fourth quarter
GDP by as much as two percent. And that's what
calls the declinent today, but you're right. We were made
incredibly bulletish. We have been for three years. We called
this a generational bull market, and we're very excited about
three joys. We think investors have to be in this
market because what are your alternatives.
Speaker 6 (25:12):
If you have to fund a retirement, you got to
put kids from school.
Speaker 5 (25:16):
You can't just sit there and keep your money in
a money market find and watch inflation destroy it. So
that's been our approach and it's worked for us for
twenty twenty three years.
Speaker 2 (25:25):
Now.
Speaker 1 (25:26):
Well, and you're a guy who has taught me so much.
Speaker 3 (25:28):
God, thank You've taught me so much about investing, and
you made me into a big winner.
Speaker 1 (25:32):
I started out I was a big loser.
Speaker 3 (25:34):
And everything I touched went down, and now everything I
touched goes up. But I'm not the one making the picks.
I'm just following your picks.
Speaker 1 (25:41):
So thank you, kid.
Speaker 3 (25:42):
But you taught me as an example not to listen
to all the bs with the big shot, high profile
guys in the media like Michael Burry, otherwise not as
big short Michael Burry, you know, is a guy everyone
listens to because he was in a movie and Christian
Bale played him in the movie, and so he became
this huge megastar on Wall Street and he got it
(26:04):
right with the whole you know, the whole real estate disaster,
all the mortgage backed securities, and he played it right,
made a billion dollars and everyone said he was a genius.
Here's an article today at zero Edge that talks about
all the times he's been wrong.
Speaker 1 (26:19):
Almost everything he's ever predicted has been wrong.
Speaker 3 (26:22):
These big celebrities get one right, and they make belief
for the rest of their lives they were a genius.
He's been wrong like nineteen out of twenty, but he
got one right, and.
Speaker 6 (26:31):
He closed his fun down.
Speaker 5 (26:32):
He just sent his money back to investors and said
I've been wrong, and I'm sorry, but this is an
important point. I'm glad you brought this. I didn't know
we're were to talk about this. I'm glad you brought
this up. The housing crisis and the market, the economic
collapse that happened in two thousand and eight scarred people
for life.
Speaker 6 (26:49):
People were so.
Speaker 5 (26:51):
Still so mentally scarred and financially scarred from this that
they haven't recovered mentally, psychologically, they just are ever there's
a around every corner.
Speaker 6 (27:01):
But something else happened.
Speaker 5 (27:02):
When we talked about this a lot, you know, you
see me write it up a bunch people also learn
from it. Americans said never again, and we deleveraged the
fastest trade in American history today. And this is one
of the reasons we're so bullish. There's so much money
in the system. Americans are really healthy financially. Forty percent
of Americans have no mortgage all time high paid, the
mortgage job. Average equity in their home now is over
(27:25):
seventy percent. There's thirty seven trillion dollars sitting in home equity,
which is why Trump and his team keeps talking about
the importance of rates coming down, because they know what's
going to happen. All this home equity is going to
start going back into the economy, which is what it's
supposed to do. You know, you're supposed to have seventy
percent of home equity as the average person. Right, that's
a very tight economy.
Speaker 6 (27:43):
But all of this is going to change next year.
The economy is going to Japal is going to be
gone again.
Speaker 5 (27:48):
The American people who got smarter, but they see a
crash around every corner, people like Michael Burry.
Speaker 6 (27:54):
You know, they don't do much good for most people.
Speaker 3 (27:57):
Well, in the media covers the Michael Berry's because it
makes for a great headline, so it sells papers, it
makes ratings go up.
Speaker 1 (28:04):
But this guy is wrong.
Speaker 3 (28:05):
Nineteen out of twenty got right once, and I even
heard the one he got right on he almost went
in the poorhouse because he was two years early. Well,
that's not really being right. If you're two years early,
you're not right. You're in trouble.
Speaker 1 (28:17):
You're wrong.
Speaker 3 (28:19):
So I did see in your newsletter several times in
the last couple of weeks that you kept saying if
and when the government shutdown finally ends, that will be
so good for stocks because there will be literally like
a trillion dollars in money that flows into Wall Street.
Speaker 1 (28:35):
And hopefully that's going to happen.
Speaker 3 (28:36):
I mean, today the shutdown's finally over and the market
went down eight hundred points.
Speaker 1 (28:40):
What's the money that's now freed.
Speaker 3 (28:42):
Up to flow into Wall Street because the shutdown's over.
Speaker 6 (28:46):
Great question.
Speaker 5 (28:47):
When you always ask the best questions, you know your
instincts are really good.
Speaker 2 (28:50):
Man.
Speaker 6 (28:50):
It's not just politics, it's the markets too.
Speaker 5 (28:52):
There's almost one triggion dollars sitting in the Treasury General account.
This money, by law, used to pay down Unfortunately, this
money has to go back and pay bills. It's got
to go back in the financial system, economic system. It
flows throughout the economy almost some trillion dollars because in
the shutdown that money has been locked up. It's one
of the reasons we've had this volatility in the markets
of late. But starting next week that money starts coming
(29:15):
back into the markets. So we think this again, We've
been buying the dips, as you know, for three years.
We think today's dip is another opportunity to buy stocks,
especially the ones that we like. We're long term investors,
we're not day traders. We're going to take positions in companies.
Speaker 6 (29:29):
That we know.
Speaker 5 (29:29):
We know their management teams, you know, as you know,
in several of our positions we have gained a several
hundred percent.
Speaker 6 (29:35):
I've got one investor that made kind of the one
that made my name.
Speaker 5 (29:39):
We have made twenty thousand percent on that because we
got to know the management team.
Speaker 6 (29:43):
We find them early and then we hold on to
them for a long time.
Speaker 5 (29:47):
And so that's our approach here, and it's worked pretty
well for us, really over my whole four of year career.
Speaker 3 (29:51):
All right, well, I didn't add anything today, but I
also did in sell anything. I'm keeping everything that you recommend,
and I know it'll all do great.
Speaker 1 (29:58):
It's already done great.
Speaker 3 (29:59):
But when it goes down, it doesn't scare me anymore
because I know it's going to go back up again.
This happened several times in the last two years. Every
time my instincts would be to panic and go, oh
my god, I've already got profits, let me lock them
in and sell, and Kip's newsletter says, no, don't sell,
it's going much higher, even in the face of it
going much lower. He says that, and then three weeks
later or three months later, it's much higher. So I've learned,
(30:22):
and I don't sell anymore. I keep everything. Sometimes i'd
buy more, but in the case of today.
Speaker 1 (30:27):
I didn't add anything. I didn't have any time to
add anything.
Speaker 3 (30:29):
So I just keep everything, and I don't worry about
it because I know if Kip says to hold it,
I just hold it.
Speaker 1 (30:35):
You also talk about.
Speaker 3 (30:38):
The fact that this is a generational bull market. Why
do you say that? In other words, this is going to.
Speaker 1 (30:43):
Go up for years to come.
Speaker 3 (30:45):
In your opinion for forty thousand, Now, where's it gonna be?
Is it gonna go around your thousand?
Speaker 6 (30:49):
In the book?
Speaker 5 (30:50):
And I booked the big bribe who my oldest son
and I. We're a family, family business and wife works
with us both our sunder here you know, fifth and
sixth duation, Native Texans and Redpill all the way through
big Trump supporters and and we said three years ago
that it was a roar in twenty twenties.
Speaker 6 (31:05):
Again, a big part of it is just the money.
Speaker 5 (31:06):
There's so much money out there, twenty two threeion dollars
and into money supply. My mentor has taught me money
supplies everything. That's an all time high seven and a
half threeion dollars sitting in the money marketing accounts. Again
when I talked about earlier, with all the money sitting
in home equity, and the whole world is like that.
Ninety percent of global stock exchanges are at all time highs.
Speaker 6 (31:27):
But no one talks about that.
Speaker 5 (31:28):
They focus on the negatives, as you say, like Michael Burry,
the big short. And so there are three things happening here,
the big three. It's number one the Trump economic miracle,
his attack cuts, deregulation and tariffs. It just it's economic brilliance,
is what it is. It's going to be going on for
a long time, well into the twenty thirty if we believe.
And also again the ocean of liquidity and this innovation revolution,
(31:51):
this is so much broader than just AI.
Speaker 6 (31:54):
It's happening across every industry. Folks.
Speaker 5 (31:57):
Within a few years, we're going to have multiple new industries,
new businesses, new creations that are coming, and they're very close. Now. Again,
it's not just gonna be robotics and autonomous vehicles. AI,
of course, is gonna be a major boom. We're in
the first and second inning of this. You know, during
the dot com melt of ninety five to two thousand,
I was, you know, a financial advisor then managed over
(32:18):
one hundred million dollars, took three companies publicly, and I
remember that time. Well, you know, the Nasdaq wut at
five hundred and seventy five percent. Nasdac's only up one
hundred and thirty percent now in the first two two
and a half years of this bowl market, So we.
Speaker 6 (32:29):
Have forever to go.
Speaker 5 (32:30):
We're nowhere near bubble again, we believe that investors are
going to make We think massive wealth is going to
be built in the markets.
Speaker 6 (32:38):
As you know, we also like.
Speaker 5 (32:39):
Bitcoin, gold and silver and things like that, so we're
well diverse byed. But we think people have to be
in this market and they'll be well paid off for
doing it.
Speaker 1 (32:46):
And you even left one out that I think is
the biggest factor of all. You left one out.
Speaker 3 (32:51):
If I run a business and I'm well funded, I
know it's always going to work. Every business I've ever
started that has enough money does great. Every business that
I've ever done that failed was underfunded. The United States
under Biden, was underfunded under Obama, underfunded under Trump. He
just convinced foreign countries to invest seventeen trillion dollars in
the United States.
Speaker 1 (33:11):
That's gonna trickle down in the next year and two
years of three year.
Speaker 3 (33:13):
It's gonna make the economy explode. It's gonna absolutely explode
the economy up. So Trump's doing a great job. Kip
Errige is doing a great job, and he's got it
all in his newsletter vra insider dot com vr insider
dot com two weeks free automatically because you're a fan
of Wayne Root, and you'll stay for life.
Speaker 1 (33:30):
Thank you, Kim. Hi, this is Wayne Allen Root.
Speaker 3 (33:34):
If you're sick and tired of supporting wold companies, I
have great news for you.
Speaker 1 (33:38):
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Fill out the form, They'll contact you right away and
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That's great Patriot Store dot com.
Speaker 1 (34:32):
Hi, this is Wayne Allerroot for Augusta Precious Medals.
Speaker 3 (34:34):
There's a new report out that Americans are outliving their
retirement savings.
Speaker 1 (34:38):
Leaving them in a doomed position.
Speaker 3 (34:40):
That's because the retirement was set up the same old way,
using outdata strategies from the nineteen seventies. This may be
good for financial advisors and retirement companies, but often it
leaves your life savings position poorly. That's why my friends
in Augusta Precious Medals have put together an important free
report just for my fans.
Speaker 1 (34:56):
If you have more than fifty thousand dollars in your
IRA four oh.
Speaker 3 (34:59):
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(35:21):
Precious Metals right now for their free report at Wayne
loves goal dot com.
Speaker 1 (35:25):
Wayne loves gol dot com.
Speaker 3 (35:27):
Or text route to three five oh five to two
Text route to three five oh five to two.
Speaker 2 (35:33):
Hi.
Speaker 3 (35:33):
This is Wayne Alan root for VRA Vertical Research Advisory.
After fifteen years on Wall Street at the highest levels,
in two thousand and three, Kip Errich found at VRA
his global investment and economic newsletter.
Speaker 1 (35:44):
Since then is top performing recommendations.
Speaker 3 (35:47):
I've beaten the market eighty six percent of the time
eighteen out of twenty one years. I've followed Kip's newsletter
investment recommendations every morning for more than twenty years.
Speaker 1 (35:56):
I'm a witness. He recommended goal.
Speaker 3 (35:58):
To three hundred fifty thousan an ounce bitcoin.
Speaker 1 (36:00):
At two thousand. He's really that good.
Speaker 3 (36:02):
From growth stocks, the ETFs to preshus metals and bitcoin.
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You'll get his best selling book, The Big Bride for
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(36:24):
vr a insider dot com. That's vr a insider dot com.
Speaker 1 (36:48):
Guitars Bay directories. Lie to me for thirty five years
about the time.
Speaker 3 (36:51):
Wayne get back yours thirty seconds, Wayne rush ten seconds,
because he knows. I'm always perennially late for everything, right.
I'm late for every restaurant. I'm late for every airport.
I'm running through the airport like O. J. Simpson used
to run.
Speaker 1 (37:04):
I'm always late, right.
Speaker 3 (37:05):
And when I was a kid in high school and
in college, I would I would study, like if the
test is this morning, I was studying last night at
two in the morning for the first time. I'm always late.
I wait till the last second. So Batorrows lies to
me and says.
Speaker 1 (37:19):
Thirty seconds, and there's really fifty.
Speaker 3 (37:21):
Seconds left, and I get here. We make little bets
about it. I say, yet, it's not thirty seconds. If
you say thirty, I probably have an entire minute before
the camera comes on. It's our little game that we've
played for thirty five years, and.
Speaker 1 (37:32):
He still does it.
Speaker 3 (37:34):
And it's the only reason I get here on time,
so I can't complain about it.
Speaker 1 (37:37):
So and boy on TV, you can'tnot be here.
Speaker 3 (37:40):
Can imagine if you got here all this time and
there was nothing in the camera the camera's.
Speaker 1 (37:45):
Looking at discreet there's nobody here. Wayne's late again.
Speaker 3 (37:48):
Wayne didn't make it for the For the third segment
of the show, once Bustling mall worth one point two
billion dollars is sold in Sanford's le go. This is
a mall in San Francisco. Let's see if I've got
the name of it. The San Francisco Center Mall, previously
(38:09):
known as the Westfield Emporium, sold at auction on Wednesday
to the lenders Deeytsche Bank and JP Morgan Chase. And
it was worth one point two billion dollars about ten
years ago, and appraisal at the end of twenty twenty
two valued the property at only two hundred and ninety million,
(38:29):
and it was bought at auction for one hundred and
thirty three million. That's five cents on the dollar. By
the way, for those who were math challenged, I think
it's five cents on the dollar, right. Oh no, I
was thinking it was two point one billion. It's one
point two billion it was worth and it was sold
for one thirty three so it's.
Speaker 1 (38:45):
Ten cents on the dollar. There you go. This mall
was sold for ten cents on the dollar.
Speaker 3 (38:51):
I was telling one of my friends about this story
earlier today, and I misquoted the numbers. I said, from
my memory was two point one billion it was worth,
and it was sold for one hundred and thirty three million,
and that would be five cents on the dollar. But
it turns out it was one point two billion and
now sold for one hundred and thirty three million, ten
cents on the dollar. And that's that's what the whole
Democrat Party's worth, right. The Democrat parties ten cents on
(39:12):
the dollar. They should change the name to the ten
cents on the dollar Party because everything they touch, they
turn to sh you know what, Everything becomes ten cents.
Speaker 1 (39:21):
On the dollar.
Speaker 3 (39:23):
And one of the reasons why excuse me, one of
the reasons why is this story right here? Gallup reports
that forty percent forty percent of women I think it's
white women age fifteen to forty four would like to
leave America permanently. And that's four four times higher than
(39:49):
the ten percent of women who said that in twenty fourteen.
And they're calling them awfls women And I don't know
what eight wfls stands for, but I soon the ws
were white, maybe angry white women. I don't know, but
it's truly amazing, and it's an outlier because there's no
other percent of the population that thinks that way. The
(40:12):
percent of younger women wanting to move to another country
first rose decisively in twenty sixteen, the final year of
Obama's presideny.
Speaker 1 (40:19):
So it's not just Trump. It's not just because Trump.
Speaker 3 (40:22):
Last year was Biden's presidency, and Gallup surveyed last year
and last year went up dramatically. It hit forty four
percent in Biden's last year in office and remains near
that level in twenty twenty five.
Speaker 1 (40:37):
It suggests a broader shift in opinion among younger women.
Is this merely a chick thing?
Speaker 3 (40:44):
No, it's exclusively an AWFL American woman thing.
Speaker 1 (40:48):
They're not telling me what a WFL stands for. Is
that angry white I don't know. I don't know what
it stands for. I have no idea.
Speaker 3 (40:56):
It's just young women who want to flee America. So
among all adults, the number of wish to exit America
permanently is twenty percent, also near a record, But that's
almost completely made up of these angry women. Only nineteen
percent of men want to leave women age forty five
plus only want to leave fourteen percent.
Speaker 1 (41:18):
Eight percent of men.
Speaker 3 (41:19):
Want to leave over the age of what is it
over the age of forty five? Forty five? So the
big number that changes everything is the forty percent of
women that want to leave.
Speaker 1 (41:33):
And you know what I say about it. I say
that Trump should.
Speaker 3 (41:36):
Offer them gigantic bonuses to get the hell out. He
used to give them free plane trips and ten thousand
dollars and some new furniture for the new apartment in Zimbabwe.
Speaker 1 (41:46):
Good luck to you, good luck.
Speaker 3 (41:48):
Let him go to Venezuela, let him go to Haiti,
let him go to Gaza.
Speaker 1 (41:52):
How about Gaza. I'll setle on Gaza.
Speaker 3 (41:54):
I think that forty percent of young women, and I'm
gonna say it's white women. I think it's all liberal
white women that want to leave the country, affluent white females.
Speaker 1 (42:02):
Is that what it is? Female liberals? Is that what
you think it stands for? Okay? Cool? So that's the deal.
It's what I thought it was. It's people.
Speaker 3 (42:09):
Basically, it's white women who've got money from elite colleges.
I'm sure they all went to the best colleges in
America and they're all big liberals. They want to leave,
and God help any man who swipes the wrong way
and meets one of these women, because they hate men,
and they're angry and they're bitter and they're unhappy, and
they're going to make some man's life miserable.
Speaker 1 (42:29):
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Speaker 3 (42:31):
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(43:01):
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Speaker 1 (43:03):
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so I'm gonna get right back to you to answer
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Speaker 3 (43:10):
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Speaker 1 (43:13):
Hi, this is Wayne Allen Route.
Speaker 3 (43:15):
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have great news for you. You don't have to anymore. You
could shop where my wife Cindy and I shop at
Great Patriotstore dot com. My number one best selling Great
Patriot bycotbook is filled with real American patriotic companies. My
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above all.
Speaker 1 (43:34):
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Speaker 3 (43:38):
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Speaker 3 (43:46):
Great Patriots Store dot com is run by conservatives and patriots.
Twenty thousand American families are joining every month and you
should too. And now they've got the beef pasture raised
with no hormones, antibotics or mRNA ever exclusively available only
to the members. Like coscor Sam's Club. He needs to
become a member. Go to Great Patriots Store dot com.
Fill out the form, They'll contact you right away and boom,
(44:07):
you remember. Go to Great Patriots Store dot com. That's
Great Patriot Store dot com.