2:35:55 And it's all, again, about a consolidation, how the few have controlled the many since time immemorial. And that is going to play out to be a lot more extreme moving forward here. I think housing is in a massive bubble. I would still rather own than rent, honestly. I don't know where the bottom is. No one knows where the bottom is. But we'll pick that up in just a little bit. I think we're going to be going to break relatively soon. Absolutely. I'm speaking with Greg Manorino. TradersChoice.net is the website. You really do need to visit and get on his list. because his emails are killer, they're awesome. And his motto, in life there are sheep who live in fear and then there are lions who capitalize on it. And I have to agree, Greg, I mean, many people are worried, they don't know where to put their money, they don't know whether to take it out, they don't know what to put it in. And so I'm glad that you're answering a lot of these questions for everybody. I'll be right back more on the Alex Jones Show today with Greg Manorino, my guest.
2:36:50 Welcome back to the Alex Jones Show. I'm Kate Dally, your guest host from katedallyradio.com. My guest is Greg Manorino. And when we're talking money, he's my go-to guy for a reason. Traderschoice.net, you need to subscribe to him. Also, I want to ask you too, commodities, EFTs, place to move forward and the upcoming Supercycle 2. And of course, where we left off. There's just a whole lot to talk to you about, Greg. What can I say? Yeah, I got a lot to say, I guess. I don't know. Yes, I do agree with this. We're going to see a commodity super cycle. I mean, it's a no brainer to me. And for people, look, it maybe seems a little easier to me than maybe it would be for most people. And I don't think anyone should look into any anything without putting a lot of their own thought behind here. I'm out here
2:37:39 sketching out things for people, what they should look at and understand, and at least try to get a grip on this system, which really makes no sense anymore. I mean, it's a zombie system. You have to understand that right now, what's going on, this whole thing died in 2008. That was when this whole system, what actually is a market crash? Why does a market crash? Why do we get meltdowns here? It's very simple to understand. A market has one job, a real market has only one job. That is to determine fair value. Generally, any type of a transaction, a stock, an exchange traded fund, a commodity, whatever it is, you have a buyer on one side and you have a seller on the other side. This guy's willing to buy an asset from this seller here and they're going to agree on a price. That's how it works. But what we've had here,
2:38:34 since the last meltdown is a third party. That third party, at least here, this is a global phenomenon, is central banks, central bankers who have gotten in here and tried to prop up a dead system, creating this zombie system that we have now that's been propped up on oceans of easy money. And the situation is dire. All of this cash that's been pumped into the system here since 2008, we're starting to see it rear its ugly head in the form of inflation. They can't let people know that. See, central banks must remain blameless. The regulators must remain blameless. The Treasury here. You can't just hyperinflate the money supply by pumping debt into the system. Debt is cash
2:39:18 The cash that we have in our pockets at its most basic level, these are units of debt. They are not units of wealth. When a central bank issues their currency to the people, it's their currency. They allow us to use their currency. They own the currency. We owe it back to the issuing central bank plus interest they create out of nothing. A central bank produces one thing, debt, and they issue that debt to the world. That's how the system works. It's completely debt-based. This is why we can't have a budget. This is why we see cash pulled into the now to fund wars and whatever else they want to fund here. They can't let people in on the big secret that without doing this, the entire central bank
2:40:03 run system will implode on itself. If we had a real system, a commodity-backed system, it would erase the power of central banks. Their power resides in one thing, their ability to inflate, their ability to issue debt. It's an amazing thing. Imagine coming up with a concept where you have people that are dependent on your product that you allow them to use and then you charge them to use it. It's outrageous, but this is what we've allowed to happen. Central banks are the enemy. Central banks have a stranglehold on the world and they manipulate the entire system. When you see something big go down, whatever it might be, the arrest of President Donald Trump, for example, realize they want you to look there.
2:40:49 They want you to focus there because they're gonna do something else on the other side. The moment, the nanosecond that I heard about this, I said, oh, what are they gonna pull off? Why do they want us to look here? Why was the airwaves flooded with it? Let's look over here because they're pulling something else off here. It's what they always do, it's how they operate. So, and that's another thing people need to take away from the system, how twisted it is. And there's going to be a price to pay, and we're paying for it now in the form of skyrocketing inflation, which is not going to get better. The farce that has been sold to the people of the world, and it's been a farce since day one, and I told everyone it was a farce since day one, right on my blog on YouTube, I said, I don't care how
2:41:33 much they want to raise rates, it's not going to do a thing to stop inflation. Inflation is going to continue to rise. And that is exactly what has happened. What did they do? They use the catchphrases temporary, transitory, trying to ease the people. Meanwhile, they all knew it wasn't going to work. And it was never meant to work. Central banks are going to continue to inflate. But anyway, that's really what this is. Realize how twisted the system is. And with regard to risk in this market, right on my website, TradersChoice.net, I have an indicator there. It's free for everyone. It's called the MNC. M M R I Manorino market risk indicator. It's a color coded and it has a number. You can see where risk is going in this market right now. Risk is dropping because of all the cash being pumped into the market. That's going to reverse. I'm not telling people they should jump into this market and start buying stocks.
2:42:22 I want people to understand that everyone has a different situation. If you have cash to play with, it probably wouldn't be a bad idea to look at energy. Crude oil is getting bid up. Energy companies are going to do well. I think the big banks are a spot to be in here as well as the cash is being sucked out of the smaller institutions and repositioned in the larger banks. Commodities as well. There's a lot of ways to gain exposure here. Again, the most best way I like is physical. I want to hold it in my hand. But there are exchange traded funds that will also give people exposure to this. And I have a free newsletter. I send all this stuff out. Look, I didn't get the nickname the Robin Hood of Wall Street for nothing. I do it because they give all this stuff away. I want people to
2:43:00 To take what I give them and evaluate it for themselves. Does it make sense? This entire show we've covered a lot, okay? But does it make sense to you? Does it make sense what I'm saying? People know the truth when they hear it. And then I want people to look into it. Hey, you know what? Greg said this. Let me see if he's right. Let your fingers do the walking, all right? It's really that simple. That's so true. China and Russia a lot of articles lately about the dollar, China and Russia. What's your feeling on China and Russia real quick? What they're doing? It's very, very, very simple. Okay, right now the Federal Reserve holds, the United States holds the world reserve currency of the petro dollar here. The benefit of a nation holding, any nation holding the reserve currency is unbelievable. It allows any country that holds the world reserve gets to export,
2:43:53 export inflation to the rest of the entire world. And it allows generally their environments to thrive. Right now, the system is coming down. That's why we're seeing this, what we're seeing now, especially with surging inflation here. Now, China and Russia, of course, they would, I think China has wanted the World Reserve currency for a very, very long time. They're forming alliances, the BRICS nations here, trying to circumvent the dollar. It's a real threat. There's no doubt about it. And I think because of the way the dollar is being managed right now, it could absolutely fall as the world reserve currency. But look at other alliances that are being made here. We have every nation around the world arming themselves to the teeth.
2:44:38 Obviously, and this should be pretty evident to people, if in fact there is a direct threat to the US dollar as the world currency, we will see war, more war, not just regional wars, but global war. The Federal Reserve has already, via the Vietnam War, trying to establish the petrodollar system, killed millions of people to gain that power. The petrodollar, for people who may not understand it, is OPEC nations have agreed to price their oil in US dollars but for guaranteed military protection of that oil. Okay, people don't know that, but that's how the petrodollar exists. The US military must defend
2:45:22 OPEC nation's oil. That's how we keep the petro dollar. Now China could say, hey, you know what? We'll defend it and look what we have to offer here. So there's going to be a big tug of war here, but this is a real threat to the people of the world if in fact the US dollar does become dethroned or the threat of it becomes more real. and diversify your money, diversify any wealth that you have. You gotta be out, you gotta be in a lot of things. There's no doubt about it. You gotta be in a look. And I'm invested in a lot of things here. Anyone who puts all their eggs in one basket is probably looking for a disaster. But if I had to pick one asset, if I had to pick one, I don't sell this stuff, but that would be it.
2:46:03 Physical silver, I think it's the most undervalued asset on the planet. Look at the Dow gold ratio, gold silver ratio, and you will see why I say that. I know we're running out of time here, but this has been fantastic. And thank you for having me. Thanks, Greg Manorino. TradersChoice.net is the website. Go and subscribe. And of course, I just the Robin Hood of Wall Street. I mean, what can you say? Thanks, Greg. I really appreciate all the heads up, the advice. And it's awesome. Be right back on the Alex Jones Show. Back here with you, last segment on the Alex Jones Show today. So glad to be here with you. I'm Kate Dally, your guest host from The Kate Dally Show. Really happy and I mean not happy that our world's imploding, not happy that all of this is going on, obviously. But I do find some hope that they're trying so hard to manipulate us in the press that they still have to do that. I've mentioned that on the show before. They literally have to do all that because they don't own everything yet. They don't own us yet.