Federal Government Warns Massive Bank Failures Looming As More Nations Join The BRICS— Special Report

00:00 I mean, it's a little bit conflicted, right? I mean, it's important that people understand they can be bailed in, but you don't want a huge run on the institution. But they have, I mean, they're going to be. People need to know, but I don't think you have much hope of reaching a public that doesn't have a professional need to know. I completely agree with that. I almost think you'd scare the public if you put this out. Like, why are they telling me this? Should I be concerned about my bank? Like, my insurance company doesn't tell me what they're doing with my assets if they just assume they're gonna pay my claim. I think you've got to think of the unintended consequences of taking a public that has more full faith and confidence in the banking system than maybe people in this room do. So there's a select crowd.

00:40 of people that are in the institutional side. And if they want to understand this, they're going to find a way to understand this. There's a bunch of law firms represented in this room. There's a bunch of people that will charge them by the hour a lot of money to explain this all to them. And it's fine. I don't have a problem with that. And they all have huge staffs. But I would be careful about the unintended consequences of starting to blast too much of this out in the general public. Well, when you watch that clip, Alex, They're smug and they're laughing and they're saying, well, the people trust the banks more than we trust the banks and we're behind the banks, right? It's like they don't even trust themselves because they know the dire straits that they're in. So when I say that they only have 0.72% of all deposits covered,

01:20 This is the fallacy of the FDIC. So we have $250,000 worth of insurance coverage on your checking or savings accounts. Okay, so people will look at that and say, if the bank goes under, I'm covered. Well, if there's only 0.72% of all deposits in America, what if another regional bank fails? What if two regional banks fail? What if four or five? When Silicon Valley Bank went down, there was four other big banks that went with it. That took more than half of the available FDIC asset base. So now with what's left is I just do simple math. It's like, okay, you get another four or five bank failures. FDIC is gone, Alex, it's done. We got 63 big ones about to go under. 63, and

02:09 The there was a study that was just done on commercial real estate that says the defaults on commercial real estate. There's over 282 banks. And is that what's mainly driving this, which was COVID lockdowns, which they knew would kill mom and pops. The big ones are capitalized to stay in. So this was all done. Yeah. So, so COVID started it, that put banks in a very precarious position because there was no income coming in. People started defaulting on that. That's the angrier world, Klaus Schwab said, it's the great reset. Yep, that's the great reset. And then it was extended. So, so that financial malaise and that, that harsh economy that we had that started with COVID ended up with

02:51 Boy, we had to print a lot of money to get through COVID, right? So when you print a lot of money to get through COVID, that creates inflation. Now they had to start to raise interest rates, Alex, to actually slow down that inflation. So then what? You have COVID, people weren't working, you have to print money to keep the economy afloat. Then you have to raise interest rates to slow down the inflation that you're creating. When you raise interest rates and everybody's in debt up to their eyeballs, people start to be late on their payments. And then ultimately you're late for numerous months in a row, then you default. They cancel the loan, they call it, you have to file for bankruptcy.

03:32 This is where we are, right? So this is this cycle. While other networks lie to you about what's happening now, InfoWars tells you the truth about what's happening next. Visit InfoWars.com forward slash show and share the link today. One of my favorite folks to coach with Dr. Kirk Elliott has come in from Colorado to be with us today. I've got my own stack of financial news I want to hit with him, but I want to hit all the great points and news articles that he sent to me as well. Quite the research he's done.

04:09 Doc, it's just such a crazy world with all the World War III news, heavy weapons being sent by the West to bomb Russia, Russian senators start targeting European cities. We're off the races at that point. To me, that's the biggest issue. The Kremlin calls the United States the enemy for the first time. I know you sent me a giant stack of news. I've got my own yelling saying we're not going to increase rates. In fact, we're going to accelerate inflation. Something you predicted. The runs on banks, 63 problem banks and 570 billion unrealized losses. Everything you were saying eight months ago is now happening there. That's part of my stack. You sent me your big stack.

04:48 California mulling tracking every vehicle registered in the state for mileage tax. Colorado police plan to use drones for first time. I mean, the police state is here. Kremlin welcomes Turkey's reported desire to join BRICS. That'll accelerate the end of the dollar. But the national debt clock, FDIC quarterly banking profits profile first quarter 2024. We'll be looking at all that. Yellen can't expect a strong economy with higher spending and taxes. That's some of them we're gonna hit, but Out of all of this, the conviction of Trump, the kangaroo court, the attempts out of the blue with the court not even part of it. Since when does a court not shut something down? People just try it and they try to act like it didn't happen. I mean, we are in a very insane time right now. Well, the last time we were together, we had talked a little bit about something that you had said a long time ago to me. And it's like, how does the evil win or how do they fight this battle? They break the will of the people.

05:47 Right, so when you break the will of the people, you do it economically, you do it with fear, you do it with everything that we're seeing right now where nothing makes sense in the judicial system is all out of whack and look at what's happening to you, right? And so So this is why I even brought up that article that has nothing to do with the economy, but in Colorado, drones as first responders, right? And New York. And New York, it's like if you were in a car wreck and you needed, you couldn't breathe and you needed CPR, are you gonna feel comfortable that a drone is coming to your rescue? Well, they're replacing humans. We're being taught that, yeah. We cut the police, but don't worry, the robots are on the way. Right. I mean, so you've got that kind of garbage going on. You've got

06:30 You've got tax everyone, you know, not not your viewers and not a lot of people but but you've got this world that thinks oh my word, we're got global warming the ice caps are gonna melt. We've got to clean the environment and and you've got now. Like, on that stack of articles that I gave you, wanting to tax every single mile that you drive in California. You take your stack. Oh, I've got it right here. It's right here. It's the first. Yeah. When you. Of course now, there's magically in all the cars made in the world now, tracker systems just for this. Oh, they're actually have the tracking system. Now, California is a place to always implement it first, both Newark and California. Oh, we're going to implement it. Yeah. Well, they can shut off your cars. Yeah. I mean, they can just shut them off. Right.

07:15 So when government starts to do crazy things like that, taxing miles. The proposal that's on the table to have tax unrealized gains on your investments. How in the world would that even work, Alex? When let's say you've got a stock portfolio and you invested $100,000 and now it's worth $300,000. You haven't sold anything, you don't have the income from that, but now you're being taxed on it. How do they determine what day you're gonna do that? I mean, there are so many holes in their system, but yet What it boils down to is when governments run out of money, they start to do really crazy things. Like really crazy taxing unrealized gains. Well take California, it's destroyed by its high taxes and inflation until their answer is increase the minimum wage and then it shuts down thousands of businesses. They say it's crazy, it's actually a plan to implode the economy.

08:08 It is. And, and even, even what's coming next with disease X, what the new pandemic, the, which you've talked about this a lot. And I have this clip from Fauci evil. I mean, that guy is just downright evil, but there's this clip it's it's only about a minute long. I'd love to play. Do they have the clip? Yeah, they've got it. Because he's talking about how do you bring into this world a way where people will actually want what you have, right? And you make it really difficult for them unless they comply. I mean, so that's what I wanna listen to because that's gonna apply to the economy as well. Okay, go ahead and play the Fauci Club.

08:55 you think can be done about it? I have to say that I don't see a big solution other than some sort of mandatory vaccination. I know federal officials don't like to use that term. Once people feel empowered and protected legally, you are going to have schools, universities, and colleges are going to say, you want to come to this college, buddy? You're going to get vaccinated. Lady, you're going to get vaccinated. Big corporations like Amazon and Facebook And all of those others are gonna say, you wanna work for us, you get vaccinated. And it's been proven that when you make it difficult for people in their lives, they lose their ideological bullshit and they get vaccinated. So that's what the mask he later admitted and the social distancing and locking everything was about making us take a shot. They now admit didn't work and it's killed a massive numbers of people.

09:51 But now he goes on TV and says, I never said that. I never said wear a mask. I wasn't for lockdowns. We have him side by side like saying, I'm for the lockdown. I created the plan. I make you wear the mask. I make you take the shot. I didn't say take the shot. I didn't say mask. I wasn't for lockdowns. You're a liar, Senator Paul. The guy is, did you see how arrogant he was in the hearing? In between crying? So arrogant and but this is the tactic that they're using, which is break the will of the people like what you talked about, Alex. So he's talking about making things more difficult. If you wanna get into college, if you wanna do anything, right? You just get vaxxed and you can do whatever you want. Now let's apply that to the economy and what we've talked about numerous times about central bank digital currency. If you want social security, well, you better have their digital system with the FedNow app or whatever, right? It's like how many people are going to say,

10:47 I don't know about this. Maybe it's the mark of the beast. Maybe it is intrusion on my bank account. Maybe it's this. But I need my paycheck. But I need my paycheck. Right? You make it really, really difficult to say no. And you're going to have a lot of the population that complies just like with pandemics, just like with the economy, just like with the banks. And so this is the world that we're entering into. Now, they're also making it difficult. And this is where you and I started to talk about this. on the last show that we did together, how they're attacking our food supply. And they're gonna make food really expensive. And so therefore, it's gonna be hard to eat meat. It's gonna be hard to eat chicken. But it's gonna be easy to eat bugs. It's gonna be easy to eat the things that you want to see.

11:37 I mean, I saw this video, I saw two videos that I just wanna share real quick too of how they're attacking our food supply. So first we heard this story in Europe where these chickens have some kind of a weird disease and they're laying eggs without a shell. So okay, well you gotta kill those chickens, they have some kind of a weird virus, we don't know what it is. So now, look what's happening in America. It's not that they're just attacking them because they have a disease or avian flu or something like that. These major chicken farms or hatching facilities, whatever you call them, they're going up in flames. So the first one is from a, this is in Illinois, southwestern Illinois.

12:23 There's a million chickens and eggs that actually got evaporated in this fire. And so then there's a second one that just happened in Texas, Alex, where 2 million chickens. are gone. And how do these chicken farms and ranches just start on fire? Right, I think they're attacking the food supply. There's record level attacks everywhere. Yeah, I mean all over the place. Europe, you name it here. So what is this? It's creating fear. It's going to make... Same reason you cut off, you don't just cut off the Keystone Pipeline and all these other pipelines. You also cut off food. You also, they're trying to shut down all the farms and ranches. Saying bird flu is everywhere using PCR tests.

13:04 Yeah, same trick again. They're just attacking different sectors because they have unlimited central banking money, but they just go to our knees to then make us go fully bankrupt to them. Right. Except the new system and the unified ledger. Absolutely. So here's where they're creating fear. And what are they going to do? They're going to expect the people to start to comply. When food becomes so expensive, yeah, we'll eat the food that you want us to have. When we can't get money out of the banks, well, we'll go to the government for our support. When everything is happening, that's fear, fear, fear, fear, fear. This is their methodology, just like what Stinkenfauci said. It's like, let's just make it really difficult for people to live a normal life unless they comply

24:36 And so it's just very simple. Everything we offer is the very best thing we can get at the best price. Like we could sell the same water filters that are the highest grade on average for double we do. We don't. Only like 35% on them and with a sale of 25% right now 10% off because it's just my philosophy. This is not a plug right now. I'm trying to explain like I just have this real problem Well, I get better PQQ and CoQ10. I get some synthetic crap and get it for 20% of the price, but if it gets real high quality, high end that really does a good job, it costs me a little more to get it, has a little bit bigger price tag, but nothing compared to people selling the actual real PQQ and CoQ10 out there. You're getting for half the cost you would with them. So with me, everything is a moral judgment because I'm very superstitious, not about rocking under ladders or breaking mirrors. No, I learned as I grew up,

25:23 that even when I didn't do something on purpose, it hurt somebody that came right back on me. I mean, you know, read what you sow, karma's a bitch. So with me, I want to be as good as I can, because I want God's mojo. And that's what this, you're also a theologian. I'm using non-Christian terms for some of the folks that aren't Christians out there, but as a theologian, maybe you could speak to your philosophy and why you've been so successful. You've told me about it. We've had dinner a few times. I got to talk a lot on the phone. It's actually my philosophy as well. You thought I'll do something nobody else has done, a very low percentage. up front, you're actually getting this gold and silver at the actual cost, and then we let you sell it back for free, which nobody else does on your scale. That's a genius model, that's why you're a new Marooner now. Yeah, well, I want God's Mojo too. So what is God's Mojo? I mean, when you live a good life, when you take care of other people, when you focus on others more than you focus on yourself, when you live a life of generosity,

26:17 I mean, God tells us to tithe, right? It's not a suggestion, it's a command. But here's the thing, God can work more with and have you be more blessed with 90% of your income than you can- I was about to say that you're a theologian, you're wrong. Is it tithing if you give to an old folks home or to disabled children or you fund a political campaign that's trying to ban abortion? Hasn't the church convinced us that's the only place to tithe? Christ, the only time he got mad was at the money changers where they were manipulating the tithe and he beat him with whips. Yeah. Am I wrong when I say that? No, so you're not wrong. So there's an

26:53 The tithe in the Old Testament, 10% of your first fruits and it's supposed to go to your storehouse, right? But in the New Testament, it talks more just about giving, right? And so yeah, give good God 10%, give him your best, right? But why limit it to 10%? Right, why not give more? Why not give out of, so here's the story. When I first got married, I had nothing, right? And I wish I were zero. I was so far in debt. I was so far in the hole. And I saw no escape out of that, Alex. And so I was just sitting there and it's like God spoke to me. And if it was audible, it was audible, but I think it was in my head, right? I don't know, but it seemed audible.

27:38 They said, you know what, give. I was like, I can't give anymore, God, I have nothing. He said, well, learn how to give out of your need rather than out of your abundance. So we started to give not just 10%, but 12%, 15%, 20%. You know, and just started to live a lifestyle of giving. And God opened up the floodgates of heaven so much of Blessing that that's his promise now. That's not necessarily financial blessing. It can be relationships It can be peace it can be all kinds of things health can be all of that God doesn't say it could be discernment Yeah, so there's this prosperity gospel that I think is is wrong right? It's but it's it's Prosperity can be part of it. But but God's blessings the blessings from heaven can be

28:22 Not financial things. They can be relationship. They can help they can be peace of mind. They can be wisdom They can be discernment those are all the blessings of heaven and when you live a giving lifestyle when when you have Faith hope and love greatest of those is love you love your neighbor as yourself You have to love yourself first, but when you love your neighbor, you're gonna do things for them that you wouldn't do to something, somebody that you hate, right? So, so it starts to change the world around you when you focus on what you have in common with each other rather than how you're different. Doesn't mean you're not going to have differences. Everyone's going to have differences, right? So it's like we have opinions, we have differences, but if you focus on what you have in common, you have this light that shines out of you and you can cast out. That's what my dad always told me. I was like, everyone went with him when I was a kid.

29:06 People came over and wanted to talk to him and loved him and everything and he was a decent-looking guy but he would say cuz I have a good attitude and he was joyful and he was funny and it was it was real and that everybody saw it and loved it and I was like well that's wealth just the attitude itself. Yeah the spirit. Yeah, absolutely. It's it's a It's a feeling, it's like this inner feeling that expresses itself outwardly when you give. And this is why there's those verses, it is more blessed to give than it is to receive, right? It makes you feel good, it helps the other person feel good. It actually unlocks the blessing of heaven when God challenges us to give.

29:46 He said, you know what, you give and you give with a grateful heart and watch what happens. You know, you won't have room enough to contain all the blessing. But then in Malachi when it talks about that, there's a verse that comes after that that nobody really watches. They just say, oh, there's this amazing blessing. No, what comes after that is the locust won't eat your field. And you're gonna be protected, right? So whatever you work on is gonna be safeguarded and it's gonna be enhanced and you're gonna be protected from the enemy. And that's what keeps happening with InfoWars, the attacks, the whole CIA, Deep State for a decade, it has been the last six years, and I'm sure when God's ready, if it's the case, he'll shut us down and come back even stronger, but it's literally God every time. You can see there's like an energy bubble or something.

30:30 Forcefield. It's it's watching miracles manifested in in your life And and that's what's really cool about what you're seeing with what you're doing even though I'm not saying that yeah You're going through a fire right now. You're going through this desert experience. You're going through hell on earth practically But yet in the midst of it God didn't say, you know, when Jesus was speaking, it's like, well, it's not going to be necessarily easy to follow him. He's just going to be beneficial. Right? Sometimes God is the peace in the midst of the storm, means the storm is still there, but he's our peace. Sometimes he calms the storm. The end result is still peace. Right? And so I take that and I apply that to

31:12 things that we go through in life, whether it's relationship issues or financial issues, but about our economy too, right? People are so concerned. They're so- just bamboozled by I don't know what to do. We're gonna run out of money. We've got these taxes, we've got inflation, we've got wars and rumors of wars and we can't afford to live. And now they're gonna shut down the economy again because now they found Avian flu in San Francisco in the wastewater. And sure enough, there's gonna probably be another pandemic. And, and, you know, those who don't remember the inventors on record, they admit it's true. They turned up on average 30 to 40 times when, when they sent in the CDC and it would make thin air bird flu. You just keep turning it up and it'll make anything that. Yeah.

31:57 So you've got that kind of stuff going on and I can see it and I can smell it and I can sense it. It's like they're coming with another pandemic, right? And it's gonna be some kind of a weird- A bird flu disease, it's all lined up. I mean, it's all lined up and now, okay, we're gonna test, PCR test every single cow in America every week. And they've turned it way up and make everybody wear hazmat gear to create the fear again. Yeah. And then it's, oh, now the, oh, the meat's sick. First there's people in hazmat gear around cows or chickens, well next you're like, well it's not safe. You see what, and then they're gonna kill the herds off, they're gonna quarantine them, and then that's gonna spike prices, oh my God. They're just bombing another part of the economy. But when World Economic Forum people say, and- You're not gonna eat beef anymore, they mean it. Yeah, they mean it, so how can they do that? They're doing it! That's what I'm saying, the New World Order is on the move, folks. Everything they say they're gonna do, they're doing.

32:53 I mean, not only are they gonna make meat more expensive, ultimately they could make it extinct, right? If they kill off everything. That's where I'm next. Okay. Let me just cover these two for you. Yeah. You know, I was gonna pull these up over, actually three overhead shot, please wait until you see this listeners overhead shot. Bill Gates connected firm, he owns it, plans to release climate change vaccine. Now, Imagine the X-Men where you get this shot or some accident happens and you survive, you become a superhuman. That's what they're saying. Now I've already read all of this. I already knew they were developing this, but it's in the news now. They're gonna inject cows with a powerful mRNA processor that literally changes their entire gut lining and the way their whole body works. They've been experimenting on cows for a decade. Bill Gates is funding this. Remember he's obsessed with gut flora in humans and animals to change with a live mutation.

33:50 Everybody knows they made Blade Runner based off, you know real science back in the 80s, which is still the same science Roy Batty goes to his maker and says I want to live longer and he goes I can augment your body give you better eyes or whatever But you're only have his life span once you set up the genetic protocol of a creature It will kill them if I give that he goes. Well, what about this? What about us? No, the patient was dead before they left the table. What about this? They were dead in two weeks They you can't go once it's already coded. They already this is a fact everything they've got 50 years old folks what you're saying, so they're gonna give cows A mRNA, they call it a vaccine. Is it a vaccine that a cow's gut suddenly operate different and don't create methane by saying methane's bad? And now a cow isn't gonna, with its multiple stomachs, break down all this cellulose into something it can process? That's why you can't eat grass and live, but a cow can. They're gonna change cow guts, and you know it's gonna kill them all, they're gonna claim it's a disease.

34:44 They're just killing the cows with it. But they're saying, I thought a vaccine was an attenuated virus or something, or tetanus, you learn your body defeats from it. Still have a side effect, but it's a real science. No, they changed the definition to anything they inject that changes your body. This is literally a mutagenic injection that changes the cow and mutates them in lifetime. You don't need to be a microbiologist or geneticist to know That cancer is you mutating off of your genetic code. Okay, that's what it is. It's cells doing their own thing. It's mutation. This is directing the cow's entire gut to suddenly operate completely new and not create a base gas. I gave you this article last week. I'd never done the numbers, so I looked it up. I was guessing it was the same or even higher. Did you know there were three times more bison

35:34 In the United States, before they started to slaughter them to shut off the food in the name of Americans, see the same story again. The communists shut off people's food as well to control in Russia, Mao did it in China. There were three times more bison before than there are cows today. And they were just free roaming, eating grass, farting methane. They're a cow. You can breed a bison with a cow from Germany. Or you can breed a cow from England, a Jersey cow, or Ireland with a water buffalo from Africa. It's the same genetics. It's just a different variety. There's black people, white people. We look a little different and stuff, but we're still a person, okay? Still got the basic stuff going on. Maybe some people got bigger horns. Some are bigger cows, smaller cows. Some cows are nicer, like a Jersey cow. Some are meaner, you know, like...

36:23 Oh, I mean, think of what's a mean cow you gotta watch. A Brahma? So, so, I'm in ranching, so I know all this stuff. The point is, is it's still all cows, folks, okay? Yeah, people are a little different, but we're still the same thing. Cows are, so, there were three times more mini cows in America before we started killing them than there are domesticated cows right now. So I'm ranting here, they were farting methane folks, it blocks and holds the, it's part of the atmosphere. It's not bad. It's always been here. They want to ban rice production worldwide because it's grown in swamp water, that creates methane. Methane is part of life. No, I'm ranting, just continuing here. So you've got this big article, now this one.

37:02 How are genetically modified humans in everyone who got COVID mRNA injections similar to DNA mutated crops like GMO corn and soy? Another article on Infowars.com. But that's not the issue. They're not even talking about mutated cows, they're talking about mutated humans. That's what this is doing. This is a giant genetic crazy takeover. Now look at this one. Top, again, Bill Gates funded group. The major university is saying we need to put bug protein, chitin, into everything without telling people. Like you do the water with the fluoride. Experts are working hard to make insects part of your diet. News today recommends hiding insect flour. Look at the lie. It's flour. That's not flour. That's not wheat. That's insect protein. But now when Harari says, you'll eat the new steak, we've got the new fish. Well, it's some GMO. It's not even a fish, not even cow. So now they say they're going to hide the bug protein. Guess what? They already are in store shelves everywhere. So that's why I wanted to cover that to just talk about this total genetic takeover that's happening. I'm going to shut up now for 10 minutes. Go ahead.

38:01 So, you've got elimination of the food supply. But before it gets eliminated, it's gonna be really expensive. And people already can't afford to live, Alex. They can't. So-. So why are the globalists assaulting the economy? Well, to break our will, to break our will, just like what you've talked about. And see if you really if you if you break it enough, people will give up all kinds of freedoms, Alex. And so but but it's just common sense. This is just math. When when Janet Yellen says that they've got inflation under control, no, they don't. When she says that they're gonna win this battle, no they're not. And now she's capitulating. Totally capitulating because now they know that they're gonna be proven wrong. So now they've gotta change this message of, well, there's reasons why we had to do things, right?

38:52 When you look at what she's doing, it's impossible. It is impossible to grow the economy when you have higher taxes, when you have higher inflation, when people have less earnings. Cutting off the energy, getting ready to kill the cows, getting ready to inject them with mutation. Bill Gates is releasing billions of GMO mosquitoes in Florida. I mean, we're living in cuckoo land. This is no due war. It's not soldiers, it's bio. It's absolutely bio and we have to call out a lie when there's a lie, right? And she's absolutely lying. The Biden administration is lying to the public. She's capitulated. She now says we're gonna have more inflation. She was wrong. Yeah, of course. But everything that they've done, their whole plan through this four years, it wasn't actually to fix an economy, Alex. It was to break our will. It was to get us to capitulate.

39:48 So we would take our- But what, it's mathematically impossible just for everybody watching to listen to the story of the economy is growing when you have higher government spending and higher taxes. The only thing that's left after that is they have to print money like there's no tomorrow. Listen, I still, I never have time, but I go out to restaurants I used to go out to like once a week, now like once a month, I'm so busy. And I go to these nice restaurants, mom and pop, it doesn't matter. There's no one in there and the owner's like, yeah, we're probably going to close. And they're closing everywhere. Yeah, because people aren't spending money. When you look at commercial real estate, so there's these articles now coming out about banks.

40:37 There is the FDIC has now said that there's 63 banks. I have this this. No, that's your neck. I had this article didn't even know you were gonna send to me. Here it is right here. Business Insider. There are 63 problem banks and 517 billion in unrealized losses. That's what you said six months ago on the show over and over again. Yep. You said word for word 500 plus billion and only how much does the FDIC have left? They have 0.72% left. 17% of all deposits is all that the FDIC has. So when you look at this list of 63 banks, you know how we can find the list is because of their quarterly report that just came out that says they're $517 billion in unrealized losses.

39:48 So we would take our- But what, it's mathematically impossible just for everybody watching to listen to the story of the economy is growing when you have higher government spending and higher taxes. The only thing that's left after that is they have to print money like there's no tomorrow. Listen, I still, I never have time, but I go out to restaurants I used to go out to like once a week, now like once a month, I'm so busy. And I go to these nice restaurants, mom and pop, it doesn't matter. There's no one in there and the owner's like, yeah, we're probably going to close. And they're closing everywhere. Yeah, because people aren't spending money. When you look at commercial real estate, so there's these articles now coming out about banks.

40:37 There is the FDIC has now said that there's 63 banks. I have this this. No, that's your neck. I had this article didn't even know you were gonna send to me. Here it is right here. Business Insider. There are 63 problem banks and 517 billion in unrealized losses. That's what you said six months ago on the show over and over again. Yep. You said word for word 500 plus billion and only how much does the FDIC have left? They have 0.72% left. 17% of all deposits is all that the FDIC has. So when you look at this list of 63 banks, you know how we can find the list is because of their quarterly report that just came out that says they're $517 billion in unrealized losses.

41:24 Well, what does that come from? That 575, it's coming from commercial real estate losses. It's coming from residential real estate losses. It's coming from delinquencies. And so we know that there's 63 banks that are on the verge of failure because they need help. How do we know that they need help? They conducted what's called a reverse repurchase agreement. So in a reverse repo- Stress test. Yeah, it's a stress test. So in a reverse repo with the Fed, what they're doing is they're selling back their stupid US treasuries to the Fed, and then the Fed is injecting cash into the banks.

42:06 So, what's happened with these 63 banks? They've had a massive injection of capital through this reverse repo, which means that they're on the verge of collapse. They need help, they needed a financial infusion or else they were gonna go under. What's the problem if they go under? FDIC only has now 0.72% of all deposits covered. And when you look at what happened in March of this year, exactly one year after Silicon Valley Bank went down, basically they closed the bank temp funding program. No more emergency funding from the Fed to a failing bank. So now what? If a bank fails, there's gonna be no more emergency funding. They're just gonna go to FDIC receivership.

42:57 Well not, FDIC only has 0.72% of all assets covered. This is very problematic, right? Because now those banks are going to fail and there's 63 banks that are on the verge of failure, right? So looking at that, it's like, okay, there's this quarterly banking profile. I'm gonna pull it out here and read, this just came out on June 3rd. So If you look at some of the numbers in here, we're looking at obviously 517 billion, but 64.2 billion in the first quarter, that's where the bank's net income went up, but that's up 79.5% from the previous. But here's the problem.

43:49 Community banks reported only net income of 6.3 billion. They're declining. See, these things are declining now. Unrealized losses on available for sale and held to maturity securities increased by 39 billion to 517 billion in the first quarter. That's higher unrealized losses on residential mortgage-backed securities resulting from higher mortgage rates in the first quarter, and that drove that increase. So, These unrealized losses went from up to 517 billion, it increased 39 billion in one quarter. This is the ninth straight quarter, Alex, of unusually high unrealized losses. These banks are going to fail because of the weight of the defaults of commercial... And some have already started as you predicted, so what's going to happen next?

44:39 Well, residential real estate always follows commercial real estate. Why? Because commercial real estate would be your mom and pop stores, your businesses, your storefronts, your retail, your offices, your manufacturing. As that goes under, it's because there's nobody working. If there's nobody working, people aren't making money. And then residential real estate follows. I was just watching, before I came in, I had the TV on in the hotel room. And on one of the financial news networks, Grant Cardone was speaking, big real estate investor and investor guy. Well, he said this is the worst real estate market that he's seen in his lifetime, right? And he's right, we haven't seen anything this bad before ever. And it's upwards of now commercial real estate in New York City.

45:30 Alex, upwards of 20% of all of the hotels in New York City are now being used to house migrants, 20%. It's like, okay, that's income that hotels can't use for other people, right? But why are they even available? How are they being used? Because nobody else is using them. This is part of when you start to connect dots of how bad the economy really is, it paints an abysmal picture. for normal equity markets, for debt markets, like in stock and bonds. You know, still those markets go up because people spend money, because corporate earnings, profits, revenues are going up, and that's what causes stock prices to go through the roof.

46:12 But if nobody is spending money because taxes are too high and because of inflation, because there's delinquencies at banks, now banks are going to be undercapitalized and we're going into FDIC receivership because there is no more. And by the way, that's not your opinion. Guys, get the clip from last year that leaked that they didn't want out of the FDIC saying we're going to have to grab people's bank accounts and steal a big part of it called a bail-in because I got tons of new clothes, but this one you can, I can play every five minutes. I mean, this, this means this is going down. They're just not sure how they're going to pull it or what they're going to do. And we're getting closer every minute. We're already in it. Now they're trying to start world war three. I think they want that as the cover for what is about to go down. This is crazy back in two minutes under Kirk Elliott. We're continuing. We haven't even covered 10% of the stacks. He's got, there is so much crazy news here. The

46:58 people need to be focused on with the quattro. The new disease X, the bird flu, World War III, economic collapse and the civil war they're trying to start. They're trying to do it all, folks, but we're aware of it. We're fighting together. Stay with us. I don't know what I'd do if I saw Fauci walking down the street or Bill Gates. I mean, he's so outrageously evil. He's such a murderer! And we need to have... You're a Christian, you're a father, you're a theologian, you're able to be really calm and nice about this. I know you're pissed off about it, but the thing is, take action, folks. Resist them, protect yourself from them, expose them. What do we do biblically, do you think, to just spiritually be able to deal with this?

47:37 Well, we can't deal with stuff like this on our own. You have to lean on God. You have to because when you look at what He is, He knows the beginning from the end. He knows everything that we're going through. In the midst of the storm, He brings peace. We know how this game ends and we know who wins. Right? And the Bible tells us every knee must bow. The knee of sickness, the knee of disease, the knee of all these things that we're seeing. And we know what happens to the devil. Jesus throws him in the pit, right? And so we know who wins this, but here's the thing.

48:17 God never told us that this life was going to be easy. He never told us. In fact, He told us the opposite. He said, Jesus said, you know, take up your cross and follow me. People are going to oppose you. following me, but you know what? The end result is going to be better if you follow me than if you don't. So look at the opposition, take the opposition, but never deviate from that path of following truth and following victory and that strength of God who created the universe, who put all of his creativity in us because we were created in his image.

48:57 We have to realize we've got that power of God pulsating through our veins every single day because we're created in His image. And when we do that, we can have confidence that like what Psalms tells us, and we can rest under the shadow of His wings, that the enemy will come near our tent, but they can't come into it, right? So look at the enemy. They're all slaves. Satan always destroys them. Even before they die, we see them betrayed. We see them destroyed. And we see Billions and billions of dollars spent by the federal government secretly with just Walgreens and CVS alone to not prescribe ivermectin. So all this evil, you wonder why are they not giving people the drugs that they now admit works because they wanted to hurt people, they wanted people fearful, but it took billions to buy them off to do the evil and the devil has the control of the purse.

51:28 So we're going to talk about the massive number of short positions on silver and why silver is poised to explode. I want to talk about the fundamentals that are going to cause growth in that market. Number one is debt. and our unsustainable debt, our debt to GDP ratio, where silver should be because now the government's actually printing more money. There's M2 money supplies going up in the banks. We want to talk about Turkey wanting to join the BRICS nations. Putin is so excited about it, right, as he should be, but that's going to be a huge... People don't know, Turkey is the old Eastern Empire of Rome.

52:08 It's super important in Europe. It's so important, it's a big deal. It's a big deal and it's like goodbye NATO, right? I mean, this is- It's the biggest army, conventional army in Europe. Yeah, this is a big deal as the BRICS just start dismantling the West country by country by country. This is a big deal, Alex. And so not only are the BRICS nations Prospering and thriving with manufacturing, but they're amassing thousands of tons, tens of thousands of tons of gold to back their currency. They want a native gold-backed currency in the BRICS nation. So by native, I mean

52:51 Right now, they want to de-dollarize the world, right? Putin told everybody that he's going to de-dollarize the world and nobody really believed him because he's Putin. Well, that was back in August. Well, now they're sure believing him because they're doing it, right? And now what does NATO do when even Iraq or Libya, who are important, try to do it? They blow you up. Yeah, so like we're like okay, we're gonna start bombing you and it's the media. Well, I know except Russia has nuclear weapons It's not Libya dumbass. I mean They do have nukes and and what what we are now doing is providing Ukraine with US weapons to invade Russia, I mean everything long-range heavy missiles all all of these stupid decisions are

53:35 are really thousand pound cruise missiles. Those those will give you a bad day. They'll give you a really bad day. But everything that we're doing is just taking off the bricks nations, taking off Putin. And it's like have some better diplomacy, have some. I don't care if you agree or disagree with it. Right. But but everything that we're doing is just a slap in the face to Putin when they now hold the cards. And I hate to say it, Alex, but the BRICS nations hold the cards because You know, when they de-dollarized the world, it was the first- When you were on a week ago, you said watch more nations join in. And it just happens. It's happening. It's happening, right? And so, how did they do it before? They just said, we're not going to use the US dollar. We're going to use our own currencies to trade back and forth with each other. But now they want to benchmark gold. They want to benchmark gold and- And what will that do to gold?

54:25 through the ceiling, right? Because what some Russian economists are saying, let's not peg oil to gold. Let's not even peg it to our own currency. Because the first step was let's trade in our own currencies with 70% of the population, boost the value of those currencies, takes away from the US dollar. But the next step is the BRICS nations want their own native currency, their own central bank. I don't know what it's gonna be called for lack of a better term. Let's say their currency units are gonna be called the BRIC, right? So they've got this BRIC currency. Now it's aggregate all of the economies in the BRICS nations, which is 70% of the world's population with that currency backed by gold and now oil and Russia.

55:11 They want to peg one barrel of oil to one gram of gold. It's like, okay, this is interesting. They're releasing the peg from the dollar or even any other currency. And moving into real commodities. And moving into real commodities. So who does that help? It helps anybody that owns gold. Who has the most gold on the planet? China. So, so... And what are the Chinese doing? They're telling the citizens to buy silver. They're telling them to buy silver because they want to attack the Western banking system. So tell us, Dr. Kerr-Galloway, we'll come back in 60 seconds, recapping what you think is going to unfold from this, what the timeline is.

55:47 Or does the West just start nuclear war and kill everybody because they don't want to be defeated economically? Well, I think that might be an ultimate outcome as it does go to a physical war. But I think the more immediate- Stay there, stay there. We're going to work 60 seconds. Okay, so- All right, since I mentioned this clip from last year, we can't play enough because there's new FDIC announcements. Here's the Federal Depositors Insurance Corporation meeting, and they've got the board members saying, we're going to have to grab people's bank accounts. We're going to have to do a bail-in, which means we take part of their money. because we're gonna have so many regional banks fail next year. Well, we're now halfway into next year and now it's in the mainstream news that massive amounts of banks are about to fail. And then the other board member goes, well, don't tell people, it's gonna cause a major problem. So since we mentioned that, let's finish up with that and then go back into what's happening with the BRICS.

56:35 And what you predict is gonna unfold with the Bricks really taking off. Here's the clip. Really important. I mean, it's a little bit conflicted, right? I mean, it's important that people understand they can be bailed in, but you don't want a huge run on the institution. But they're going to be. People need to know, but I don't think you have much hope of reaching a public that doesn't have a professional need to know. I completely agree with that. I almost think you'd scare the public. If you put this out, why are they telling me this? Should I be concerned about my bank? My insurance company doesn't tell me what they're doing with my assets if they just assume they're going to pay my claim. I think you've got to think of the unintended consequences of taking a public that has more full faith and confidence in the banking system than maybe people in this room do. So there's a select crowd.

57:23 of people that are in the institutional side. And if they want to understand this, they're going to find a way to understand this. There's a bunch of law firms represented in this room. There's a bunch of people who will charge them by the hour a lot of money to explain this all to them. And it's fine. I don't have a problem with that. And they all have huge staffs. But I would be careful about the unintended consequences of starting to blast too much of this out in the general public. So here's the bottom line I want you to elaborate on because you're the expert as a really respected economist who made so many accurate predictions. Dr. Ker-Kelley with us this morning. The FDIC really is a federal agency. The Federal Reserve isn't. And they're saying we don't have confidence. This is all going to come down soon. Regional banks are going to fail. They know about the inflation. This is almost a year ago they're saying this. I've probably played this clip 50 times. And now we're here.

58:09 So we're not the bad guys telling you about this. They don't want you to know so they can all get pre-positioned or give you some other reason. Oh, it's the Russian war did it or it's the bird flu is the reason all of a sudden there's runs on your banks. But what you have to understand is this is really the central ledger they're getting you ready for. Once they bankrupt the FDIC with all these claims they're already upside down on massively and that you'll give them the numbers, it's hundreds of billions. Then, there's, oh, we have a way with the computer program, we've already said it's the answer, to pool your mortgage and your money and your stocks in one thing, and yeah, it'll go up and down. You'll take a haircut to stabilize it or you'll lose everything you've got if you don't do it.

58:54 This is the admitted globalist plan. This isn't my opinion. I've been talking about this 20 years other financial experts. This was coming. This was the Holy Grail in their white papers. But that was 20 years ago when it was an academic white paper. They've now built what they're into. So that's how I knew when I read Operation Lockstep from the Rockefeller Foundation 13 years ago, that they were planning it because I'd seen them do what they said before and it was enemy battle plan to use a virus for control and all this. We know this is going down, the question's the timing. So finish up with BRICS or get to that after this, but really drill through the whole situation with the FDIC because that's the open canary in the coal mine and that clip right there is just amazing. And now a year later, we see it playing out.

59:42 Well, when you watch that clip, Alex, they're smug and they're laughing and they're saying, well, the people trust the banks more than we trust the banks and we're behind the banks, right? It's like they don't even trust themselves because they know the dire straits that they're in. So when I say that they only have 0.72% of all deposits covered, This is the fallacy of the FDIC. So we have $250,000 worth of insurance coverage on your checking or savings accounts. Okay, so people will look at that and say, if the bank goes under, I'm covered. Well, if there's only 0.72% of all deposits in America,

1:00:22 What if another regional bank fails? What if two regional banks fail? What if four or five? When Silicon Valley Bank went down, there was four other big banks that went with it. That took more than half of the available FDIC asset base. So now, with what's left is I just do simple math, it's like, okay, you get another four or five bank failures. FDIC is gone, Alex, it's gone. We got 63 big ones about to go under. 63. The there was a study that was just done on commercial real estate that says the defaults on commercial real estate. There's over 282 banks. And is that what's mainly driving this, which was COVID lockdowns, which they knew would kill mom and pops? The big ones are capitalized to stay in. So this was all done. Yeah.

1:01:12 So, so COVID started it that put banks in a very precarious position because there was no income coming in people started defaulting on that's the angrier world. Klaus Schwab said it's the great reset. Yep. That's the great reset and then it was extended. So, so that financial malaise and that that harsh economy that we had that started with COVID ended up with oil. Boy, we had to print a lot of money to get through COVID, right? So when you print a lot of money to get through COVID, that creates inflation. Now they had to start to raise interest rates, Alex, to actually slow down that inflation. So then what?

1:01:50 You have COVID, people weren't working, you have to print money to keep the economy afloat. Then you have to raise interest rates to slow down the inflation that you're creating. When you raise interest rates and everybody's in debt up to their eyeballs, people start to be late on their payments. And then ultimately you're late for numerous months in a row, then you default. They cancel the loan, they call it, you have to file for bankruptcy. This is where we are, right? So this is this cycle that began with COVID. And now I'm afraid that the cycle is going to start all over again. Because we've got bird flu, we've got another pandemic and it's just constant barrage and this attack on the banking system. So this is where I say the $250,000 threshold, the insurance protection that you have in your bank accounts.

1:02:44 That's a fallacy, that's not real. Because all it takes is another four or five banks failing, FDIC is gone. When they cut off emergency funding for banks in March of this year, the only thing that's left is FDIC. And that's a problem, because FDIC is going to become underfunded. So what is the government going to do? Are they going to say, let's just let them fail and go to bail in legislation? Yes, they've already said that they're gonna do that. So what is bail in legislation? Bail in is the opposite of a bailout, where a bailout, let's say General Motors or AIG or whoever goes under

1:03:24 The government bails them out with taxpayer dollars. A bail in means that institution still gets bailed out, but it's by you. It's by the depositor that will say, okay, we're going to have to bail out our own institution, which is why it's really super important that people know how strong your financial institution is. How strong is the company that has your brokerage account? How strong is your bank or your credit union? Because if they go under under bail and legislation, which Janet Yellen after Silicon Valley Bank went down says, you know what? Too big to fail. No such thing anymore.

1:04:01 So, these places are gonna get bailed out, but it's not gonna be by us. It's gonna be by the person who has a deposit there. That's what a bail-in is, is we bail it. And so, well, when was that legislated? Well, that was under the Dodd-Frank bill in about 2010, 2011 timeframe under the Obama administration, which they wrote bail-in legislation into the Dodd-Frank bill. And so you're looking at this stuff, it's like, my word, we're toast. We're really toasted if people think that their bank accounts are insured because they're not. When it comes right down to it, they only have 0.72% left. So what do we do, right? So

1:04:49 We have to pull money out of the banking system, literally. You have to keep some in there, obviously, because we live in a cash world. And when you live in a cash world, you have to pay your expenses and you still have to have a bank account, but I would minimize it. I would have no more than three to six months of expenses in cash in your bank. The rest I would go into something that's going to grow and going to thrive and going to do well in times like this, like silver. I would go into a tangible asset that pulls away from everything Alex that you and I have been talking about here, which is Unified ledgers from the Bank of International Settlements and all of these programmable money, digital social profile, your social credit score, the ability to cut you off from your money if your ideology doesn't match up with theirs. This is the problem that we can actually help accomplish by going into tangible assets.

1:05:43 Right, so let's look at another thing here on what kind of tangible assets do we like? Well, the reason I like silver is because of this, this is one of the reasons, this report right here. So the commitment of traders talks about all the different futures contracts that are out there. So there is 865 million ounces of silver that's actually in a short position. Okay, that's a naked short position, which means the banks don't actually have it. They can sell something, which is what a short position does. They sell something that they don't have, it causes a price to come down.

1:06:23 So, so you've seen probably silver come down over the last three or four days. I mean, that doesn't make a trend that makes it a massive buying opportunity is what it makes it. Because the trend as we've already talked about is silver has gone from 1191 to 30 and a half in the last three and a half years, well up over 140%, right? So, so these naked short positions are out there and if silver goes up in price. When you own a short position, you lose money hand over fist. It's like, China saw this. China saw this happening and the day before the drones flew from Iran to Israel.

1:07:02 They basically encouraged every one of their citizens to start buying silver. That's 1.4 billion people. If they were all just buy one ounce of silver, it's like, well, now, if they did that, they would take up more than 50% of the total supply of silver mined in a year, globally. So but they don't have to do that much because India has already committed to taking 66% of the supply. So they're okay, there's only 30 something percent left. So if China starts buying silver, you're going to create a short squeeze. You're going to create a situation where the manufacturers of the world, the aerospace industry, the defense, electronics, TV manufacturers, everything that needs silver, they're not going to have physical product, but they need it to finish a product.

1:07:52 So, therefore the price goes through the roof. And what did China do? This is the brilliance of their battle plan here. Sadly, again, I hate that this is the case, but it is just reporting on it. Is they're in an economic war, practically a physical war with America. So how do you win a war without firing a bullet? By doing what they just did. Right by identifying that the US and the London based banks, the Western banks have 865 million ounces of silver in short position.

1:08:29 You encourage all of your citizens to buy silver, that causes the price to go up. That's an attack against the banks who are gonna have to cover those short positions and the price goes through the roof. So this is Alex where you see China conducting economic warfare that's even more potent than a physical war. Because you want to go back to what we started this show with, you want to destroy the will of the people. You do it by attacking their bank accounts, you do that by creating fear. Everything we've been talking about is exactly that.

1:09:05 And so- And again, but if the globalists are empowered by dollar hegemony, why would they be getting ready with the bird flu, which they've done to shut down food production? Why are they cutting off fertilizer in Europe, in the US? Why are they cutting off the main pipelines? They want this. So it's a game of chicken, I guess, for the world. They think when they bring down the US economy, it'll bring down the rest of the world. But Russia and China and Turkey, they all see with the writing on the wall. So they're running for the hills with checkmates, the West. Yeah. I mean, that's what I see. I mean, that's what I see too. So it gets even a little bit deeper as you look at domestic policy is actually corresponding with their foreign policy because they don't have to work really hard to destroy the US economy. Biden's doing a really good job at that to begin with, right? So- He's the fall guy. Yeah, so he is the fall guy and

1:10:01 But he's actually a good fall guy because he can't really defend himself. Yeah, I'll never know what happened. Yeah, exactly. So you look at payrolls right now, how bad is the economy? ADP payrolls unexpectedly tumble to the lowest since January as wage growth continues to slow. Well, wait a second, I thought we're hearing the lie that the economy is doing well, that people are working, that Bidenomics is great for America. Well, A, it's not. So we've got declining wages, which means there's going to be declining income tax revenues, property tax revenues, sales tax revenues. The economy is in absolutely utter disarray. And now China doing its economic warfare on America, it's like, well, they don't have to work as hard.

1:10:49 Because when you have declining government revenues, Alex, and you still have to fund the debt ceiling and the interest on our debt, which is going to push a trillion dollars this year, our interest only payments are going to push a trillion dollars. So you've laid that out well. You made a lot of really accurate predictions, vexcarly accurate. people just seen here in the last nine months, 25 years in operations. What do you think the timeline is? We're going to hold you to it, but you've been pretty much dead on. It will take a few weeks. You said like six months ago, I think by, uh, you know, April, uh, you know, March or April, we start seeing these regional banks fail and then that didn't happen in March, happened in April. And now they're all the news saying massive one's coming. So you made a lot of, you said, I think silver will do this this year. Did you did better than what you said? So

1:11:38 Looking at this, dead reckoning. We're not holding into it, not a prediction, just gut level. Dead reckoning. What do you think is about to happen? I think probably by July, you're going to see another round of big bank failures. So it would be my guess. They just undercapitalized, they're running out of money. But as that starts happening, that is going to create fear into people that, oh, the safest asset that they have, they're checking their savings accounts going away. They're going to start pulling money out of their normal stock market. And I would predict they're going to be shutting down, because they're already saying they're going to do it. Farms beef production poultry production claiming we've got all this bird flow which they are now just do a PCR test It's all it's all transparent of your way. Yeah, that's gonna put another wet blanket on things. There's gonna be huge stop market's gonna go

1:12:26 Stock market's gonna go bloop. I think there's gonna be bank failures. Now, we're probably gonna have another pandemic before the election because it's gonna disrupt things, right? And it's like, man, this is replaying itself all over again. But I think the most immediate thing is a bank failure. Then you're gonna see stock market probably corrections because this is just the economic reality of political decisions. But I think we start to see the social impact of that is, as the economy erodes, there's always social upheaval. When people can't afford to pay their rent, pay their mortgage, feed their kids, pay their utilities, they start to get squirrely, they can't eat. So I think by that time you're gonna see economic disruption, almost like blood in the streets kind of. I hate to be a

1:13:17 gross about it, but it's just people are going to start to lash out. And this is gonna happen right during election time. Well, the The rest of the world is going to start seeing this. Well, those kind of actions cause normal equity markets, real estate, stocks, bonds, mutual funds, all of that to come down. Gold and silver will thrive in that kind of a scenario. So it's a major sell market except for everything but commodities. I would say so, yes. Gold will go up, silver will go up, even if the economy is imploding, energy will still go up, food will keep going up because they've already cut off the basis of it. Yeah. And who's going to benefit from all of this? The BRICS nations. I mean, you look at like- It's like our government's working against us. Yeah, our strategic oil reserves are depleted. We're going to have to replenish them. Well, who are we gonna buy that from? OPEC? Who's part of OPEC?

1:14:11 Basically, the Middle Eastern countries that are now part of BRICS+++. So the BRICS nations are going to benefit from our stupid policies of extinguishing our strategic oil reserves, which it was a bill that was just passed. They got rid of the Northeast Strategic Oil Reserve. A bill was passed to get rid of all million barrels of that and then shut down the pipeline. It's like what's wrong with our Congress? Like literally, what is wrong with them? They're allowed to insider trade. They're giving the inside knowledge. So they just go along with it. Yeah, they absolutely go along with it. So you've got that now, who are we going to have to replenish that with? The BRICS Nation's oil, which is going to benefit them. Well, what if that Russian economist gets his way, Alex, and you peg oil to a gram of gold?

1:15:01 And the price of oil goes up, the price of gold is gonna go up. China owns an estimated 30,000 tons of gold. That's gonna benefit them, it's gonna benefit- They're in the power position. Massive power position. I can't say it any stronger than what I already have. They hold all the cards. And so I think you asked me what was gonna happen next. We see probably by the election the massive power shift from the west to the east. And, and the BRICS nations are controlling the shots, you know, with, with Turkey now wanting to basically join the BRICS. What is that all about? You know, they just want to be on a winning team is what they want. You know, I, that's the thing. Once this becomes evident, there's a run of the exits. So the West, I don't think even did this on purpose. The global stuff, they can pull everybody it's backfired. So the final step is obviously

1:15:54 attack Russia and have a war. I mean, which is going on, but then you add to that, what I want to raise after the break is all this talk of martial law and civil war and MTG came on today and she's got her sources. She said she believes that they're gonna cancel the election using civil unrest or war. And because Trump is so far ahead. And that clip by the way is on Real Alex Jones on X. It's being posted on Infowars.com. She was on with us there in the second hour. I mean, this is big. I agree with her by the way. So. Well, and that's part of what comes next. And maybe, I didn't know that she had said that, but- Yeah guys, I sent it to you. Can you pull up? It's on Real Alex Jones on X. It's the interview from the second hour. There it is.

1:16:37 just went up like 30 minutes ago breaking exclusive MTG predicts deep state planning civil unrest slash war to cancel 2024 election and it's not just her saying it I've got all the democrats saying oh don't worry we're gonna win yeah Trump terrorists are gonna attack us we're gonna arrest them all here's uh Maxine Waters, Civil War, MAGA are all domestic terrorists. They're planning terror attacks with no evidence. So they're planning much bigger stuff than the Whitmer set up. Yeah, absolutely. And so that actually corresponds with what I just said too is after economic unrest, you're going to have social unrest.

1:17:15 And I think that she's 100% spot on and you could use that to suspend the election. And boy, if you can't beat Trump, I mean, they're trying everything that they can do. And he just keeps going up in the polls, he's raising more money. I mean, it's incredible. It's incredible what's happening, but people are- since Thursday. That is wild. But I think what that's a reflection of Alex is people seeing that there's all this government overreach and they need somebody who's got the fortitude to say no, no more. We're not gonna do this. We're not gonna bow. We're not gonna cater to the non-governmental organizations, to these international establishment people. We're not going-. So they're going into panic mode saying, follow, blow the planet up. Yeah.

1:18:05 Absolutely, that's what they're doing. So we've got issues and A debt is one of the biggest ones coming up. I don't see how that's going to be sustainable. So we're not trying to scare people, but I think everybody knows this is obvious. This is not even rocket science at this point. This is all going down. We're going to skip the next break. This is the final segment, my friend, ahead of the war with Owen Schroeder coming up in 20, no, 32 minutes from now. We're going to talk about all the other big issues on the table when we come back. I know our audience is already super informed. I'm not up here fair porting you. I want you to get ready for something before it happens. That's the only option we've got is at least know this is going down. Unfortunately, I don't think there's any way we get proven wrong on any of this. The question is the timing. So I would love to be wrong in three months, six months and have some articles. Jones said this, his guest Dr. Kirk Elliott, this economist said that. I would love.

1:19:00 L O V E in capital letters with 10 exclamation points highlighted and blazing yellow highlighter be wrong. Everybody knows we're not going to be wrong because we're not wrong. It's already happening. Okay. So That's where we are. So I want to, in the time we've got, I've been trying to be good today and let you talk, which you never complain about, but I love adding points. Can we finish up any of the points you've got? And then I have my own articles I printed that I want you to respond to. And I noticed some in my stack I got with the crew doing research, the same stuff you've got, but here it is. This is USC's clouds of financial crisis gathering on horizon. Are we going into a recession?

1:19:42 ADP payrolls unexpectedly tumbled to lowest since January as wage growth continues slowing. And I've got a bunch of other important articles. During the Great Depression, they were called Hoovervilles, but today's American shiny towns are called, I want to get your take on that. US dollar crashed, the Fed, big problem, economic collapse. I want to give that to you, but you can talk for an hour about just this. House Democrats accuse big oil of price gouging. Big oil ain't perfect, but it's not the one great monetary policy. So the great American boom is finally running on a steam. They're trying to tell us that Biden had done this incredible job the whole time, but now he hasn't, which they never did. So, oh, there's no inflation. Oh, inflation is good for you. Well, it's low inflation. Well, we're going to fix the inflation. Oh my gosh, inflation is back. But it's just they keep changing.

1:20:32 their stories. Hit your final articles and then please respond to what I gave you and I'm just going to give you the floor here and I'll be back at the end. I mean I'll be sitting here but I'll be back at the end with a few questions. Yeah so I want to start with the debt clock. So if you look at the usdebtclock.org I mean, this is really fascinating. I've got it right here for you. Sweet. Yep, that's awesome. So here's the rest of your stack. I grabbed it from you. Sorry. Perfect. Great. So if you look in the top left corner where it talks about the national debt, we're at $34.8 trillion. But our debt to GDP ratio is 122%. Okay, so that's one of the, that's

1:21:18 I remember Alex was like man, 2007, 2008, I was looking at that and it's like, well, we're pushing 80% debt to GDP ratio. And I started to kind of freak out a little bit as an economist thinking, cuz I know what happens when we hit 100%. When the debt GDP is 100% meaning your gross domestic product is equal to the amount of debt that you have. Those countries don't survive that ever, like 100% of the time they don't survive that. They come back with a different currency, they come back with a different form of government and we blew past that. We're now at 122%. So you look like throughout history that one of the greatest examples would be the Roman Republic.

1:22:04 So the Roman Republic, they fell because of the weight of their entitlements when one third of the population, 33% of the population in Rome was getting government assistance of some kind. Today it's 80% of America, of our budget, 80% of our budget. our income goes towards Social Security, Medicare, Medicaid, food stamps, women and children programs. So we're much greater than the third that causes the economy to collapse from the weight of the entitlements. So it's mathematically impossible once the debt to GDP goes over 100 to recover from that we're at 122. Now,

1:22:46 On this debt clock, if you look over on the right hand side where it talks about basically the dollar to silver. ratio, number. Well, what does that put silver at? It's at $153 per ounce. Okay, this is an interesting thing because of people who have been watching this and I know a lot of you viewers are watching the US debt clock. It didn't used to say 152 per ounce, it showed zero. It showed zero for the longest time. And it's like, man, Kirk, how could price, how could it be zero, right? Well, because as the money supply, they were pulling money out of the system. The M2 money supply was going negative. So when you price something by something that's negative, it comes out zero. You can't divide by zero. So what does this number tell us now? That the price is going up

1:23:44 And it's not the $30 an ounce that we're seeing on price today. It's $153 an ounce. With the amount of money in circulation and the number of ounces of silver, silver should be $153 an ounce. It's 30 and a half. Right, that makes it one of the biggest bargains in the history of the world. Right, but the reason why it's now positive is because of what we talked about earlier, the reverse repos. There's money being injected back into the banking system, right? Because they can't afford to survive, they can't afford to live, they can't afford to, they're undercapitalized.

1:24:23 So, the fact that there's money going back into the system now puts, and there's so much of it, that puts the price per ounce of silver at $153 an ounce. One other thing I'd like to show on there is the massive amount of money that's been printed over the last five years and over the last ten years. That's just right next to that on that chart. That five year number puts silver at over $1,500 an ounce. With the amount of money that's in circulation compared to the amount of silver that's available, $1,500 an ounce, the 10 year price would be $1,121 an ounce. It's like, my word, right? So what does that mean? That means that $30 an ounce of silver is the most undervalued asset on the planet, literally.

1:25:16 So, I've got clients that call in every single day and they say, well, boy, I'm gonna wait for the little price dip. It's like, what? You actually care if silver is gonna come down 50 cents or a dollar. My projections that I've gone over with you, Alex, for the last nine months are I think silver's gonna hit 75 to $100 an ounce on this run. It could go much higher. I mean, we're looking at these numbers, which makes my prediction actually look small, right? But I'd always rather under promise and over deliver rather than give some kind of a pie in the sky estimate. That's not my style. So these numbers are even greater than 75 to 100 that I've been my conservative estimate for years.

1:26:03 So you look at that and say, all right, you're not gonna care if silver's $28 an ounce, $30 an ounce, $35 an ounce when you buy it based on where I think that it's going because of the economic imbalances and the political realities that we're faced with moving forward. So I just wanted to show you all that usdebtclock.org because you can't really make those numbers lie. Economists can make numbers lie all the time, but when you're just looking at this raw data in that form, it tells a big story. So Alex, some of these articles that we went over, let's just look at the headlines. So when I look at a headline,

1:26:47 It's more than just a headline. The headline tells us what we're gonna learn about, right? But whenever you look at a news story, you have to look at two other things. A, what caused the headline? And B, what are the future implications of the headline? Right, so what caused this? What was going on to get us to write that headline? And then based on that, what are the projections moving forward? Policy-wise, politically, economically, socially, whatever, right? So you have to look at all of those three things. So the US sees clouds of financial crisis gathering on the horizon. Okay, this is an easy one for us to go over.

1:27:27 We've seen declining revenues on the stock market. People aren't spending money, declining wages. Look at that report from ADP. Number of unemployment claims is going through the roof. We've got high taxes. It's impossible to keep an economy growing when you have higher government spending and higher taxation and people are earning less and jobs are, the number of people unemployed is increasing. I mean, good grief, that's a recipe for disaster. So you look at all of these clouds, it's like the combination of a perfect storm. That's gathering on the horizon and I think that that storm starts spitting down lightning and tornadoes on all of us pretty soon. I don't think it's a distant horizon. I think we're starting to see all this stuff right here and right now. And then there's this other article we keep hearing about. We're going into a recession, boy, if we don't fix this, we're gonna go into a recession. It's like, okay, note to self.

1:28:25 As an economist, I'll tell you, we've been in a recession since COVID. A recession is simply two consecutive quarters of declining output. Well, we've had declining output since COVID, since March of 2020. I mean, we're technically pushing depression, not just a recession. We're not going into one, we already are in one. So, when you look at these numbers, like let's look at these stupid little bullet points on this chart. And this is why when I look at some of these economic writers that write these things, they don't look at the right thing. So, here the first quarter economic growth is 1.3% on an annualized basis.

1:29:14 So 1.3% economic growth, it's like well at least it's growing Kirk. It's like no it's not, not in real terms because unofficially inflation's hovering at 18%. Even Obama's economic advisor said, yeah, it's actually inflation is up there. You've got the people at some of the big hedge funds, the big banks like Jamie Dimon, the head of Bank of America saying inflation and actually it was Goldman Sachs said that inflation is really hovering at around 15%. Well, this matches up with my number from my first dissertation where I developed a methodology for measuring inflation because the way that the BLS does it's wrong, they're just wrong. So you look at it.

1:30:03 And my number is somewhere between 12 and 15% right now. Well, that matches up with some of these other projections too. But if you have growth at 1.3%, inflation at 15%, Well, you're actually losing 13.7% a year. So in real terms, we have been shrinking whenever the economic growth is less than the unofficial inflation, we're shrinking. Well, at this point, 1.3% is even less than official inflation, which is understated. So yes, Alex, we are not going into a recession, we are in one, we're absolutely in one. So

1:30:46 Next article that you want to go over here the US dollar crash The feds big problem and and so what is the feds problem? Here's where I I'm going to tell everybody that that inflation is not going away. I It's going to stay there and they want it to stay there. Now you might see all the rhetoric and the stories and the nonsense that says, hey, you know what? We're actually going to, we wanna fight this inflation. This is why we're raising interest rates. We're gonna slow it down. They need inflation because when you inflate the currency, you're devaluing the currency. That's what inflation is. It takes more of that junk currency to buy valuable goods and services.

1:31:30 We've got debt that needs to be paid off $34.8 trillion worth of it, right? So when you have inflation, you're paying off the debt with cheap in dollars, it actually makes your payments relatively less in relative terms. So therefore, they don't want inflation to go away. They wanna keep it persisting. This is the problem we're seeing moving forward is you've got this battle. You've got this messaging that says we're fighting it, but in the end, they don't really want to tackle it because they need inflation to pay off the debt because we had so much debt. Now if we had zero debt, then yeah, you don't want inflation, right? But when you have a bunch of debt that you gotta pay off, inflation kind of is your friend. So,

1:32:19 Next article, House Democrats accuse big oil of price gouging. Like what? Don't blame big oil of price gouging, blame the Biden administration for these economic sanctions going on Russia and the BRICS nations. When you've now got six of the nine largest oil producers in the world as part of the BRICS nations. And they're saying, hey, the US government, they're actually putting all the sanctions and restrictions on us. And they kicked us out of the SWIFT system and you know what? So what we're gonna do is we're going to limit production coming out of OPEC. Of course, they can do that. Six of the nine largest oil producers in the world are now part of BRICS. They can do whatever they want with their own policy. But when they do that and they limit production, the price of oil is gonna go up.

1:33:10 Who benefits when the price of oil goes up? The producers do. Who gets hit hard? The users do. So we are net users of oil and they are net producers of oil. So when they limit production, the price of oil goes up. Don't blame it on big oil for price gouging. Maybe they're a little bit, I have no idea. But the majority of the price manipulation is just simply coming from the economic realities of politics, right? You put economic sanctions on these countries, you're gonna get them to fight back economically. That's exactly what's happening. And so

1:33:53 I'm not saying that prices of oil are not going up, they are going up. I'm just saying that the House Democrats are wrong on the reason and the rationale behind it. So this one, the great American boom is finally running out of steam, leaving mountains of debt. Okay, so this great economic boom that we've seen isn't a real boom, never has been. So, well, I shouldn't say never. During the Trump years, we actually had lowering taxes, lowering interest rates and job creation, people spent money. That revenue was real, that was real revenue. During the Biden administration, there's a stock market still up. Yeah, the stock market hit all time highs.

1:34:37 But the reason is not the same. See, the stock market's going to go up as a function of revenue. Well, revenue can be one of two reasons, real or not real, right? So when people spend money, that's real revenue. When the government prints money, it's still revenue, but it's not real, that's debt. You have to pay it back. So during the Biden administration, That basically, this American boom is running out of steam because we're running out of money. We've hit this point of critical mass where people simply can't afford to buy anything because the inflationary pressures from printing so much money are so extreme. And like we just talked about, they do want some inflation.

1:35:27 But here's the problem. If you keep printing money like there's no tomorrow, and the rest of the world is no longer buying your US dollar, which is our problem, it's being de-dollarized the whole world because of the BRICS nations. This is cause for massive amounts of inflation. Because we're gonna print money like there's no tomorrow, it's going to devastate the US economy, because we're going to be forced like Weimar Republic Germany, like Argentina, like Venezuela to print our way out of it. So yeah, we're running out of steam, but the steam that was there for the last three and a half years has been fake. It's been just money being printed on a thin air, not real economic growth like what we had during the Trump or the Reagan years.

1:36:18 Okay, next article, how AI could basically royal the next economic crisis. So you look at AI and it's taking away jobs, right? And it's designed to do that. It's designed to replace humans with computers. Well, what kind of jobs could be replaced? Anything that's mathematical Right, you can have your accountants be replaced easily with a computer. How about a lawyer? Lawyers could be replaced by computers. Now you lose the intuition that God gave us, that gut feeling where it's like I'm gonna make this decision even though it might not sound like logically the best decision, but I just have a good feeling about it, right? That kind of stuff, right? That's the Holy Spirit speaking to people, that's God whispering in still small voice into your ear. That's where that wisdom, discernment, intuition comes from.

1:37:18 But computers don't have that. Computers are black and white, right or wrong. But imagine a lawyer that's a computer that can look at all the precedent, all the case law written prior, and they could craft an argument with every single legal case ever. I mean, so AI could replace that. I was at the red carpet room for United as I was traveling. And you get like snacks and food up there or whatever. And they used to have somebody that would come around with the dirty dishes bin and you'd put them in there. That job is no longer there. It's now a robot, right, with a bin on it. And it stops right in front of you and it says put your trash in here. And it's like, okay, so you do. So even those kind of jobs are being replaced, right? How about

1:38:08 Uber drivers, taxi cab drivers with self-driving cars, right? You look at where technology is going, it is going to replace so many human jobs. Now when human jobs get displaced by computers, computers don't spend money, computers don't pay taxes. So government revenue streams are gonna come down. But yet the amount of withdrawals coming out of the government, people saying, hey, I need unemployment insurance. I need Social Security. I need Medicare. I need Medicaid. I need this because some stupid computer took my job. Well, now we've got an issue because something that was created they thought was for good, displacing people from their jobs. They're now gonna come for benefits, but there's no income stream coming in because all the government taxation revenue streams have been put to the wayside, gone forever. It's a problem, right?

1:39:04 So, we already discussed this a little bit, but this is where I think the next big crisis is going to come from, is the number of problem banks in America. It's climbing during the first quarter. We've got 63 banks that had to go into a reverse repo, meaning they had to have an injection of capital coming into the banks. So, they're on the verge of collapse, on the verge of failure. Now add to that the things that we can see. A lot of times you can't see the behind the scenes, how much derivatives debt exposure do they have, whatever. What we can see

1:39:41 the number of delinquencies, we can see the number of defaults. We can see that wages are declining, their unemployment is skyrocketing. That people can't afford to buy commercial real estate or residential real estate because of rising interest rates, a slowdown inflation that they created. This is a mess, it's an absolute mess. And so what we want to do is take these items, identify them, act accordingly to be in simply in the right place at the right time the majority of the time. So every single one of these articles, Alex,

1:40:17 You know, it's got an easy explanation like what we just went over. We're coming to the end of the Ponzi scheme. They want to use a virus, a war, a race war, a civil war as the cover to jump us onto their new system. You don't want to be in the CBDC, total control grid, market the base. You want to move into silver and gold and farmland and church with your family and just whatever you can now before the race to the exits happens. Yeah, absolutely. I mean, community is a huge thing. I mean, imagine. People you can work together. That's God, community, food, and then if you've got assets, silver and gold, that's going to be the only thing that's going to perform well in this overall. People need to call you right now at 720-605-3900 and talk to your consultants to get a plan together.

1:41:03 720-605-3900 or KEPM.com forward slash gold. Send an email, your name and number. Ask for consultation. Get it set up, do it now. We're out of time. Owen Schwartz coming up in a minute and a half. You did a fabulous job. I shut up and let you talk because I want to be able to say what you had to say. Even though you don't complain about me, I have a lot of points to add. I think we help each other, but overall incredible job, great predictions. Wish this wasn't all happening, but we've got to have the softest landing we can. And just remember, This place will be padlocked right now and shut down outside of a judge's order with all the stuff going on behind the scenes. So every day here is a precious day, every show is a precious day. Get all the downloads off Bandai Video. It may not be here next week. Get everything you can.

1:41:45 spread the word. I think we'll be here in a few months is the best estimate, but the enemy's closing in. They want us off the air before the election. I haven't moved alternatives, but it's gonna be very hard to shut me down being heard. But right now support our sponsor, support these great folks because they're wonderful and they'll continue on and drjonesnaturals.com. My dad's coming. It's separate from Free Specialist. and any orders you get in, the judges said they'll keep it open. You'll get everything shipped to you. We ship in like within 48 hours on average, so that's no problem. 40% off sale right now in Forrestore.com. Big sales also at drjonesnaturals.com. They're both critical places, but several free speech is drjonesnaturals.com. So if you really want to support me, I'm asking you go there. Great products. Get them now. Next, a little foundational energy, green fiber caps, all the nano silver products, drjonesnaturals.com. Dr. Elliot, great job coming into town, buddy. Thank you. Another amazing interview.

1:42:32 And hey, we're making lemonade out of lemons, silver lining. We've got double the audience we had a week ago since they made this move. So thank you for all tuning in. Huge reports posted at Infowars.com and X. Follow me at X. They shut us down today. I'll still be at Real Lock Shows on X. Follow me there. Tell everybody you know, follow me there right now. HSBC and JPMorgan Chase. So you look at what do they do? What are they the biggest banks in the world? Those two are number one and number two largest short sellers of silver on the planet. Those two banks. And now we're starting to see.

1:43:11 a short squeeze happening in silver, but we had 568 million ounces of silver being shorted, naked shorts, meaning they don't own the assets. They just put these futures contracts on them to shorts to drive the price down. Well, when you have a short position and the value of the underlying thing that you're shorting goes up Alex, you lose money hand over fist in multiples, not dollar for dollar, but multiples. The day before Iran basically sent those drones into Israel, China made this announcement.

1:43:53 said, hey, everybody in China, start buying silver. Don't just buy gold. Buy silver. You made the point that China was trying to call the naked shorts of the Western central banks. Look at what's happened to silver since that time. skyrocketing. You've got low supply, you've got high demand, you've got a short squeeze starting where the manufacturers of the world, the defense contractors, the aerospace industry, the fuel cell technology people, the solar people, they all need silver and there's not much available because India has already committed to 66% of the world's supply

1:44:31 this year. So here's where we've got this short squeeze happening. Physical supply coming out of inventory, not available for the manufacturers to purchase. And what has happened to the price of silver in the last two and a half months? Literally, the last 75 days or so, silver's gone from 22 and a half to almost 32. It's up like 45% in two and a half months. And you've got those Western banks that have millions, hundreds of millions of ounces of silver short.

1:45:07 and the price went up 45%, they are losing money hand over fist. So part of me says this kind of being on the wrong side of a price move when it's leveraged could cause HSBC and JP Morgan Chase to have a really, really, really big financial problem. And their CEOs are jumping ship. They're getting out of Dodge. Our firm is just different. We charge 8% when you purchase, 0% when you liquidate. We buy directly from the depository in Shiner, Texas, the Texas Precious Metals Depository. So their wholesale prices, you tack on 8%, they ship it directly to you. When you sell it back, we take nothing.

1:45:53 zero and whatever the depository prices are you get all of it. See that's a huge difference from from buying a rare coin something that has a high commission high premium where even after the big move in silver that we've seen you still haven't even broken even. KPMG.com forward slash gold. Check them out, go on the site, call them, get a consultation, email them, talk to them. 720-605-3900. Again, that's 720-605-3900. One of the most important calls you would make, obviously, and like he's been saying, get silver, it's up 40% on the year.

1:46:30 He says he'll make such profits in silver when the gold run starts, you use that profit to buy the gold and you sell it back to Dr. Kirk Elliott with zero cost, which no big broker, no big company does. That's why there are 4.7 star ratings that nobody else has. KEPM.com forward slash gold. KEPM.com forward slash gold.