Mark Koernke and Donald Betcher discussed the October 2008 financial crisis, analyzing stock market volatility, the government's bank bailout program, and the collapse of commodity speculation. They examined the disconnect between paper assets and physical precious metals, urging listeners to purchase physical silver and gold rather than speculative futures. The show covered Iceland's financial collapse and Russian intervention, the broader global economic meltdown affecting multiple nations, and criticized federal mismanagement of the military in Iraq and Afghanistan. Caller Sir David Andrew provided detailed market analysis including gold and silver prices, international stock market declines, and warnings from economists about systematic financial meltdown.
Live 365 Your money is no longer made of silver nor of gold. You trade your wealth for paper so your life can be controlled. You pay for crimes that make our nation turn from God and shame. You've taken Satan's number. You've traded in your name. You've given government control to those who do you harm so they could burn down churches and seize the family farm and keep our country deep in debt. Put men of God in jail. Harash your fellow countrymen while corrupted courts prevail. Your public servants don't uphold the solemn oaths they've sworn. And your daughters visit doctors so their children won't be born. Your leaders send artillery and guns to foreign shores and send your sons to slaughter fighting other people's wars. Can you regain the freedoms for which we fought and died? Or don't you have the courage or the faith to stand with pride? And are there no more values for which you will fight to save? Or do you wish your children to live in fear and be a slave? Oh, sons of the Republic, arise, take a stand, defend the Constitution, the Supreme Law of the land, preserve our great Republic and each God given right, and pray to God to keep the torch of freedom burning bright. As I awoke, he vanished in the mist for whence he came. His words were true, we are not free, but we have ourselves to blame. For even now as tyrants trampled each God given right we only watching tremble too afraid to stand and fight If he stood by your bedside in a dream while you were asleep and wondered what remains of the freedoms he fought to keep What would be your answer if he called out from the grave? Is this still the land of the free? And good evening ladies and gentlemen, this is the Evening Intelligence Report. I'm Mark Cornke. And I'm Donald Betcher. One day closer to victory for all of our brothers and sisters, both on and behind the lines in occupied territories, west, southwest, central, and northeast. Well ladies and gentlemen, you are listening to us on... libertytreeradio.4mg.com, pbn.4mg.com, and we're on live 365, then go to Liberty Tree Radio. We're also on AM&FM micro stations, CB Bay stations, and alternate technologies both east and west of the Mississippi, southern and central Alaska. Well, Don, today's date is? Hey, you guys, it is 13 October, and it's just past 8 on the eastern seaboard. You've probably still got some light left there in California, so. If they are not foreclosing on your house, have a good evening. So little crack in the wall there Stock market is supposed to have gone up by how many points down? Oh, just I guess a little over 800 points you guys the market is Breathing in money sucking in those poor people who are foolish enough to throw more at an enemy that already has lost them how much? Why and again, don't worry the other problem I have there we covered this on Friday How did there a stock market come up make its little burp up before it fell back down Friday? What happened? Turns out about an hour and a half beforehand more of the shill paper this had there was no gold that was transferred these were all Future notes you know in other words speculation paper that was dumped on the market Obviously to get rid of one roll of toilet paper to back up another roll of toilet paper Okay to cover all the other you know what that's been oh ending up in the pool there, okay? So it turns out that it lasted for a few seconds and then continue down. The 800 points today, or if it was higher or lower, make no difference, is again probably the same scenario and or an extension of last week in that they're transferring digits that were moved from one fictional element of Wall Street to another fictional element of Wall Street. And this kind of speculation nonsense is what sunk the boat in the first place. Well speculation works in both directions, Mark. You could call it the two-edged sword of speculation. because you know when you buy stocks you speculate hoping that they'll go up but there are those people that you know it's been that have learned how to make money when the stock market is going down i forget what that's called right now but uh... the government banned it this is one of the reasons that the chiquit falling because speculators were betting that it was going to go down and it did and people were making money off of it i can't figure out exactly how you can make money off of something that is Well, you know, right now than it was an hour ago, but the government banned that. And part of that was... It didn't make it a law, it just, you know, banned it. What's part of that? Another law that they made a while back in order to protect the stock market was if it went down more than 300 points, they would shut down the E-Trading. You know, the electronic trading? Well, they haven't done that as of late, because, you know, if it goes down 300 points, and they shut off the E-Trading, there should not be another five or six hundred point drop in a single day. So, you know, they're much like, we've said it before in different arenas, the pitcher throws, everybody makes up new rules, the ball goes across the place. And the pitcher throws the game anyway. That's right, so think about it. It's not a matter if, it's just a matter of when, and as I said, Guys, why would it be stupid or foolish enough to give people money that have just lost trillions of dollars that somebody now can't get back? People have lost their retirement. People have lost all of their future with regard to whatever digits they collected and the same thieves and scallywags that stole it from One Direction supposedly it's just dropping out of the sky now pulling it out of their hind end. Same stuff that they lost only a couple weeks ago or that just disappeared from accounting all of a sudden they've just pulled it out of their hind end. Well part of it is true they've also pulled other resources out of somebody else's lifeblood slash circulatory system and that's the American people with a gun to their head demanding more taxes because that's exactly what they're going to do. Now here's the thing, they're rewarding these jerks on the other side for the mistakes, well intentional fabrication slash they're calling them mistakes. Otherwise you'd normally be firing them Don. You're right, you know I've watched something over the weekend about a wine manufacturing dynasty what you might call it a dynasty, a wine manufacturing family in Italy, Mark. They've got a number of vineyards spread up and down the peninsula, but they have owned them all more than five. Now, 500 years, that's a good long time. When you think of Henry Ford Motor Company just celebrated 100 years a little while ago. And you have to think that if Henry Ford, the original Henry Ford looked and said, today, wow, Ford Motor Company stock, is it? $2.41 and it went up $0.40 through the day. It's in $0.39 and went up $0.40 through the day. That tells you that sometime through the day, Mark, Ford stopped $1.99. Now in 1906 or 1908, Henry probably would have been pretty proud of that. But this is another thing about taking a family business and turning it into a entity with global control. In fact, I think the president a Ford Motor Company right now, barely speaks English. It's not his first language and you wonder why they're getting ready to transfer their headquarters to Brazil. Well, again, if you've got a family business, you should struggle to keep it in the family. One of the reasons why you're grandpa, I'll be quiet now, Mark, it's just you look at some things and you can't help but just you compare them to other benchmarks and you can't help but be disgusted with what's going on in America today. We've got a lot of other things that are going on around the country we're going to touch on real quick here and give an update on what all happened out in Knob Creek. I want to say thank you all of our friends for supporting us. We'll be back in about three minutes. Don and Mark, the Intel Report, here on Liberty Tree Radio. Collectors, outdoor enthusiasts, survivalists. The Army-Navy Store from your memory as a child is just that, on memory. But there is still one place to find everything from gas masks to ammo cans and find it cheap. 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For more information, send us self-addressed stamp envelope to... and it is third but I do believe it was the art of the hour with the it's the eighth of October and we're officially communist social it now with the bailout banks or the pranks one might call it the nationalizing of the bank you guys we can late last week an English paper ran a news ran the headline again we are all so let's now you can probably find it someplace if you look around on the internet I don't have a you know an address for you to go to but if you're ambitious and I'm certain you can find it. to face two armies on the field, then one coward behind the scenes to have to deal with would have been better, to have to deal with one in the scenes or to be subject of the machinations, you know, the workings of one coward behind the scenes. But in this instance, Mark, it's been more than one coward and more than one skunk and snake. I've offered up the example, you guys, you know, a lot of you still, you know, I know that the people who listen aren't have freed themselves from that human inertia known as football season. Oh, you know, we're right into the middle of the beginnings of the World Series. I'm just so excited. No, I'm not. I'm not excited about it at all. I would be excited about it if the team was lived right next door to me. Great distractions. A lot of people are shaking those off, but again, it's going to take some work. There's how America's going to have to tighten its belt, but we'll get through this. And we've seen this before and the stock markets have always come back. Well, it took 29 years for the stock market to gain what it lost in the Great Depression. I told you that after 9-11, it went to about 8 or 9 thousand after 9-11. Lost took 29 years for the stock market to come back from the Great Depression. And as an example for it to gain some aberration, something that was Here's something that's hardly ever mentioned, Mark, in the stock markets anymore. There's a basic formula that men used to use when they thought about purchasing stocks. It's the P&E, it's the price versus earnings. You try to keep the price versus earnings right away from 16 to 1. You'd pay 16 times would earn in a year and hopefully it would get better. Maybe that would come down to 3 to 1. and you'd make your money back in three years. Literally make your money back in three years. Again, that stands 16 to one. You look at people who were borrowing money to buy on marks that were 40, 50, 60 to one on price versus earnings. And thinking to themselves, and some of them actually even saying out loud, my, what a bargain. When you throw the wind, ignore all traditional signs of to why I should and when market you're going to get gutted just what happened 40 to 1 pees and what a good buy 32 what would be the next one 6 yeah 48 almost three times the traditional measure of what should buy that stock and they were just rushing headlong to him I would finish this little tirade with simply the word And interestingly enough, we're seeing the same scenario played out again in several different areas where again, the people who were the criminals have been rewarded by this. Now, I will say this, we had a lot of good friends that came up and it was a compliment in that a lot of people have been listening and it's nice when I get to talk to our friends close up. One of the things that was pointed out as one friend said is that in listening to what we were talking about years ago, especially with regard to pulling your money out. There was more than one or two people that came forward and talked about this this weekend. That literally they saved their savings by getting it out of the market and investing it into other areas. Now silver and gold aren't at prices that they were about say 10 years ago or eight years ago, not by a far cry. And we tried to explain to everybody the progressive escalation of silver. It's still going to continue. It is not going to go down. It is not going to change. You know what? There's a reason for that. Literally, we can change the structure. And I, oh, I don't want to hear this. B.S. Well, they can double a million ounces on the system. Do you realize how many Americans out there want silver right now? How that facet would be picked up, it would be like Spongebob. It would be, yeah, it'd be like... It would be like that one little piece of drip of water that hits a hot skillet, a frying pan before it has grease in it. A million is a joke. Even 6 million. Let's put it this way. How many of you out there right now would like to buy 5 ounces of silver? But you may not be able to find the five ounces of silver you're looking for because that is true a lot of people were finding out that There may be a quote on the price of silver, but silver isn't physically available in your area What's the most common quote that's being given? Oh, it'll be five to six weeks before we get the material in Now what that means is just like ammunition. There's this pool of material available as being jockeyed around and it's in limited form So, you know what? I want the system to dump more real silver. I don't care about that. The promissory notes, the paper BS people, that's how we got the stock market inflated the way that it was because of commodities failures. This is a commodity scam, just like the one with wheat back in the 70s and with steel in the 80s. And by the way, there were a number of different actions. They've taken their pick of different commodities. silver and gold are one where all these paper worshippers were like oh well there's paper it's a promissory note they think that maybe kind of with their speculation two years down the road they'll have fill in the blank okay So what they've done is they've taken their white, you know, their butt white paper after they've already put in some nasty marks on it and dumped it into the system. People have speculated on it, then they speculate on it again. What happens, and they don't explain this, how this works, something it is introduced in paper like that, it's say 21 to 23 percent of its actual value. In other words, 23 cents on the dollar, okay, or 21 cents on the dollar. What happens is they buy it and then they're hoping they can dump it back out there without anybody thinking too quickly at 26 cents on the dollar and then 28 cents then 30 cents and then 55 cents and then 75 cents and then wait a minute what happened when it's one to one or even beyond hey wait a minute especially since it's really not worth even the base price it's written on it you see Well, what they did is they dumped into the system, but they did not bring in hard currency. Show what I said before, Tom Cruise, show me the money! The money! Show me the money! Well, show me the silver. Where is this? That supposedly was dumped because it was, you know, so many hundred million dollars worth of whatever fill in the blank or tens of billions of dollars. Where is it? In fact, it doesn't exist. It's the same BS as before, artificial expansion, because they are full of hot air. from our end here's the difference every piece of silver that's out there that I'm talking about just junk silver one ounce rounds, half ounce rounds, quarter ounce weren't rounds, five ounce ingots whatever you can get your hands on 100 ounce ingots are not as common or readily available as everybody thought they were going to be there in different pockets in different places and you probably aren't going to go out and buy a hundred ounce or anyway But if every one of you listening, everybody listening, just goes and absorbs the silver, the price is simply going to continue to go up for one reason. They're desperately trying to get everybody to speculate to bring their hard bullion back into the system. You see how that works? Now, what do you do to your enemies? You deny them assets and resources. What's the one thing our enemy wants to do? They want to try to entice to absorb the physical ounces of silver that are out there. Have you noticed I haven't even mentioned gold? You know why because I've heard this a thousand times. I don't have that much money to spend silver silver and silver Yep, it's your working man. It's the working man's metal. It's your affordable investment in our nation doesn't mean that gold isn't important to if you can do that that's fine But the average person can spend rather than buying a Big Mac or rather than buying a pizza this weekend could afford to take that money and spend it on however many ounces of silver it equates out to if you can find it now here's the other problem the if you can find it part. Now, if it's not on the shelf, if you can't get it right now, you don't give anybody any money for something that might show up later. That's worse or just as bad as the speculation paper that the bad guys generate. It's worthless. Instead, what you need to do is to make sure that you find where somebody has it on the shelf, they have it in hand, you pick it up, everybody's happy. You give them the FRNs or whatever you want to use for an instrument, They give you the specie slash the hard currency and lo and behold you've got the cash and they've got what they wanted to circulate. There we go. Now the difference, that one ounce or five ounces does not go back into speculation. If every one of you listening does this and sits on it, watch the price of silver. Oh they could throw more junk paper out there but ain't nobody going to accept that either and it's not going to do them any good. It's just like the stock market. Right now if you have stocks that were worth, it's like we're talking about Ford. Well guys if it was worth 15 it's worth less than a dollar now. Put it in your pocket so to speak. Don't sell that stock. Have the stock broker get you these stocks, put them in an envelope and put them in your drawer. I hear the music we're going to be backing about. Three minutes here Liberty Tree Radio Intel Report down on Market and it's Monday. Be right back. We're kind of in the same. They wanted to free the slaves and now they want to make us slaves. And again, you know, Mark, I've said it before, that you know when you think about the war of Northern aggression, the war between the states, the Civil War, whichever moniker you choose to put on it, depending on how you were taught about it, the bottom line is the federal government, American citizens, so bamboozled that we were killing each other. is that and when it should have been directed to just a few people and it would have been over. Instead, the bloodiest war in American history happened here on our own soil and it wasn't Forrest killing us, Americans killing Americans. Again, if that song doesn't make you think, really, you really need to pay more attention and you really need to learn a bit of history and American history in particular. You know, that's one of the things we try to do for you here is in some of the blanks, isn't it, Mark? reminder again most everybody has seen it but i shot that up all of our friends that i could again uh... showing one of these fema potlickers calling the founding fathers terrorists now this is in line with a bunch of bs that goes even into my favorite of politically correct slash cutting-edge if you want to know what your enemies going to be doing watch it and that's star trek which was so busy doing so many goofy spins and it wasn't an accident they were doing that guys they were so busy trying to create the political statement for the moment that the only option they had was to do some kind of BS time nexus thing where finally it was like the timeline had all changed because they had to completely contradict the whole history they had painted before which is classic George Orwell 1984. In other words today it was this, tomorrow it's something else and a third day it will be back into a third category. In other words it can keep shifting and changing. So anyway real quick here. When 1984 as with Star Trek one of the things that started way back when they had space out 9, I mean deep space 9, there we go. is you had the militia. Remember the Bajoran militia, also the Cardassian militia by the way, which they hated the idea of using that, so they twisted it. And then the Federation militia, the Maquis too, that's right. So here's the thing, is they started saying, here they had the militia that were fighting the occupiers. They were calling themselves terrorists, quote unquote. And I said, whoa, wait a minute. Ain't nobody gonna call themselves a terrorist out there. That's all BS propaganda always used by whatever regime is in place, okay? Everybody else is the terrorist when you get dictatorships. We're doing it now to July all just like all the other dictator BS, okay? But it's funny that they had to make it appear that well that's just a normal vocabulary thing and everybody's gonna use it that way. They were planting a seed now first of all That was, that's been years ago now, but that's still the basic premise for what the next goofiness and conditioning you see where you have these torps, these pea brains, these bottom feeders, now giving little classes telling everybody that the founding fathers were terrorists. Well, you know what? That bugger needs to be arrested. That bugger is involved in treason. He's also an alien. He needs to be run on down the road and overseas and stuck somewhere else. See, that's the one thing they don't explain about the founding fathers. It was called justice tempered with mercy. and we are going to apply that many cases. I don't care about these characters, I don't care what they do to each other, they can bottom feed all they want somewhere else. Just don't come back here if you do, then we are going to finish the job. Okay, in some cases we are going to finish a job. We're going to arrest them, try them, and then they'll be dealt with accordingly. But there's a whole bunch of goofs out there that bought into this BS and you can't have them behind you when we win. You can't have them around you. So our best bet is to deport them. Just get them out of the gun. Yeah. That two armies on the field at that moment, won't we? Yep. And we do not need an enemy behind us. And that traitor, we are not going to be like our enemy. Okay, they would murder everybody they could. They'll murder anybody and everybody. They brag about it. They'll laugh about it. We are much better than that. Remember what the one son said in the Patriot? We're better than that. And it's true, we are. We're better men than that people. We're better men than the scumbags on the other side. We are going to maintain a standard and we are going to demonstrate why it is we are going to show you step by step why it is we are going to win. Because we're not at the level that they are and we are able to fight better, we are able to fight farther, we are able to fight stronger and we are more intelligent in general with regard to our response rather than the knee jerk reaction which is what they're pushing. Anyway, I want to plant that because of this whole thing like I said, the Star Trek terrorist thing. Now we have a caller. We have. Good evening. This is Sir David Andrew. I guess maybe you wanted a special PBN report on the market for the day. Yeah, go right ahead. Jump in there please. Okay. In any case, the market did crime 936.2. But, as you have said before, Mark, they're playing a game. The gold prices fell by 17.80 to 38.32 where it was 915 last Thursday. They were dumping gold futures today to prop the market. Put some squiggles on this with French, Midlap, Izzy Blattenstein, and Busy Botzenberg. Okay, and Associates. And we promised that we're kind of going to dig some gold up in the future here, maybe kind of, sort of. We think. And we're going to put a spot on this, and here's, oh, we got some good squigglies on the side, and I put a little gold seal. Got that off the loaf of bread in the house, guys. Got my little loaf of bread seal here that says Quality & Close. And by the way, I signed it at the bottom and I got two other people to sign it who are all fictions. And there's your gold future. In contrast, when you look at the Australian dollar gained back all of its losses last Friday, the British pound, the Canadian dollar, and the euro gained about half of their losses against the dollar last week. So they came up while the dollar was not going up. The Canadian dollar closed today $1.14 to the American dollar. $1.14 Canadian for an American dollar. But that was higher considerably than what it was last Friday. It came up about 2 or 3 cents from where it was. I'm looking here at a report that a London economist, economic expert, Will Hilton, or Hutton put out. In this report, there's an interesting fact that he shows that the Wall Street in 1929 crash fell 23%. However, what's interesting is the stock market in Wall Street last week fell a total of 18% last week. On the London and Frankfurt markets, it fell 21%. The Japanese stock market fell 24%. Does anybody think that we're talking much bigger dollars now than 1929 dollars? They were mighty big fall that took place this past week. And again, when we look at percentages, we're looking at comparable percentages, but if we look at the actual fictional digits, the fictional digit loss would be in excess of the overall available resources of 1929. Every dollar sent, yen, Deutschmark, Frank, whatever was out there would be swamped simply by the loss, this fiction that has already been created, and where it went with its new fictional numbers between Friday, of course, Monday through Friday, and then even today. The most important thing here is that the futures that are being pushed are not realistic and this is one of the things this is the warning will robinson danger danger will robinson as the robot flails his arms okay not because he's stupid because it is order to warning danger memory of the lightning bolts anyway the the gold futures are gonna go somewhere guys and where they gonna go now gold's not gonna go anywhere tangible gold is sitting there somewhere but not for those pieces of paper And musical paper is what killed the stock market. So what do you think musical paper is going to do to the commodity market, which then is going to hit the stock market again? See- In a report released by Nick Bloom of Stanford University, an economist, he stated in his report released this weekend that Great Britain was looking at the next year as being the worst year that Great Britain has ever had since the 1930s. Dominic Stewart Kahn, who is the head of IMF, warned that measures so far have not yet achieved the goal of stabilizing the market, bolstering its confidence. He went on to say, Intensifying solvency concerns about a number of the largest US-based and European financial institutions have pushed the global financial system to the brink of systematic meltdown. Mind you, this is the head of International Monetary Fund. Warren Buffett stated that the market is worth more than $516 trillion. roughly 10 times the value of the entire world's output. It's been called the ticking time bomb. Then Yale economist Robert Schirler went on and he stated, if you look at the track down your missing money, figure out who has it now. Maybe if you ask, to have it back, you might be disappointed to learn that it never really was money in the first place. Nothing that you lose in a pile of money whenever the stock market tanks is a fallacy. He says the prices of the stock have never been the same thing as money. It's simply best guess of what the stock is worth. It's people's It's in the people's mind, he stated. We are just recording measures of what people think stock is worth, what people who are willing to trade today, who are very, very few people, are actually trading at. So we just extrapolate that the thinking will, maybe that's everybody's way of thinking it's worth something. Well, you know there's a parallel to this you guys and a lot more people might grasp this one You know when you go out to buy an old car Maybe you want to buy an old Mustang or or a Hemi something, you know I wished I'd have bought a Hemi when I was 18 and kept it in pristine condition or four of them I'd be a millionaire now, but one of the things that's going on and this really caught a lot of The fire caught on in this, Mark and Dave in 1989, rather 1999, and people were looking at, some of them were looking at Y2K and looking to grab hard parts. People were buying cars at prices they expected them to be, like a L88 Corvette or a Shelby 500 KR. Very few of those Shelby 500 KRs out there, you guys. A 429 shotgun motor and a real cool factory roll cage. I'd like to have one, a really rotten looking one, mostly a rust bucket, about $70,000 now. And then you're buying that $70,000 rust bucket Mustang on the thought that, well, I'm going to hang a new floor pan in it and quarter panels and put another $30,000 in it. Then it'll be worth $140,000 maybe. And the same thing happened in the stock market, didn't it, you guys? Except it was all rust. Yes. That's the problem with this. When we get into the futures issue, I'm going to tie this in real quick here. It's in the same scenario here. The problem with the futures is production. Okay, now it's a little, it would be more of a gamble if you were looking even at the say the ultra perishable commodities like wheat, pork bellies, you know, like you saw in the one movie, even orange juice. Okay, remember that one? Well, with gold and silver, they know how many ounces they're putting into production. They know what mines are operating where. So this is not a guesstimation thing where they can go, well, we just kind of didn't know. just the reverse is the case. In fact, they absolutely beyond a shadow of a doubt know what's above ground, they know what they've got coming out of the ground, and they also know what's in circulation. What I truly believe has mucked them up, and I will pat all you on the back for it, is that everybody did what we asked. Yummy, thousands of people said that to me this weekend. And I'm not exaggerating about that. I talked to a lot of, in fact it was just run, run, run. I had a chance to look at Hardin' and Anything at all at Knob Creek this weekend. And I didn't bother for the most part at certain times, even though I could have laid back and ogled the weapons, you know, ogled the range. But the point is guys, I was busy with other things. Because everybody had to, you know, wanted a little bit of time, and wanted to talk a little bit here and there, which is great. But the point is this. I had a thousand times People come up and say, we did what you said. And thank goodness we did. Back when we told everybody when silver was $2 an ounce, buy the silver. There ain't nobody buying $2 an ounce silver, guys. And there's another part of this formula, and I will acknowledge this is my overall goal. We have millions and millions of listeners, and then we have millions of, hear what I would call them, our para-listeners. Everybody goes, huh? Well, how many people are you talking to out there that are kind of listening? They wait for you to give them a copy of something because they don't listen directly out of fear or whatever. They're all listening. They're all paying attention. Whatever they do, for whatever excuse. They don't have the time. They don't have the technology. They're doing two jobs. I don't care what it is. They went out and bought silver and gold just like everybody else. It's in the Patriot movement. And they didn't turn it back in to speculate. We broke that pattern so that they had to be more honest. However, as was pointed out a month and a half ago, a bunch of scurrilous swine gravitated to New York, as is almost always the case, and these Yahootie, these characters, lied about what they were generating in the way of paper, which is why silver came down about a month and a week ago. Now about five, six weeks ago now, okay? Now that burp has already been absorbed and we're pretty well right back up just about where the silver was but that burp was purely because Everybody said well the paper is not real. Well that paper is not real, but our silver and gold is Now who do you think has a superior standing right now? Guys think about it We may not have millions per person, but we have a force of tens and tens and tens of millions in tangible dollars in the hands of the American people. Well, there is another economy, you guys, and you didn't hear about the Indian stock market, did you? You know, the rapidly growing industrial nation known as India. Well, little known fact here, you know, per capita, you know what I mean, the phrase per capita, the Indian people, the Hindi people, own more silver per capita than any other nation in the world. Hiding it under the pillow or digging a hole in the back room, in the bedroom that never got a floor in it, they just bury it in the ground or whatever, but they hold more silver per person than any other nation in the world, India. You don't hear about their stock market right now, do you? There is an Indian stock market to believe that. You're just not hearing about it. That's right, Don. What amazed me though is each of these economists I was looking at the reports, they're talking about real money versus not real money or in the eyes of the beholder or what people presume to be real. They use terms like that, especially coming from the IMF. Here's the other thing that you need to know that happened Friday on the market. Iceland went belly up. Iceland is basically being offered for sale. It was bought. It was $2.5 billion they already borrowed trying to stay afloat. Russia, the Putin guy, the same people were called the American Economy, a stinking corpse three days ago. I think he gave him hard currency because it says he's got $256 billion. cash on hand in general funds and $32 billion in welfare funds Russia presently has in the blue. They are one of the few nations in the world that is not running in red. It says that he bailed them out because the money that they loaned that they were going to default on was on four or five major banks in Europe. Russia depends on those banks for its economy and it could not afford the possibility of them banks being closed or going belly up themselves. They figured it was cheaper to bail Iceland out than it was. to have their own back door crash behind them. The other thing is Russia is looking for a seaport, which I probably is going to be part of the deal. They gave them the money at less than a half percent interest on 4 billion bucks. Well, let's back up here a second. This is why I was talking about hard currency because I'm going to explain. Remember what I have talked about for years on this? Whoever scrapes the table clean and starts using hard currency owns themselves. You realize what they just did? We talk about wanting to do this with a state or a county or a township. What do you do when somebody steps in and offers the hard currency to scrape the table clean and it's a whole nation state that does this? No. See because there's another there there's a tit for tat. There's gonna be rubbing on each other's back on this one for sure. They get a porting facility. Another thing that ties in with that remember the kosher mafia was really PO'd at Iceland here. They have been for quite some time. Remember where Bobby Fischer is. I don't know if he's still there, but remember he was looking for a place where he would be secure because Koshar Mafia was wanting to try and attack him. He's been talking openly about what's been happening in the Middle East, and he's been talking very openly about the Koshar Mafia and what they're up to. And Iceland, I believe, is the one that gave him sanctuary. Now Russia turned around. And remember, they've been kind of shaking the chains off in certain categories, so this is an interesting twist. It does serve their purpose with regard to the banks, but there are other political statements and there are very deep ramifications with regard to being able to cash out a debt. If you cash the debt out, what do the bankers have to come back with you on in your country if somebody cashes you out of the game? How can they come back and twist their arm and tell them you're going to buy Izzy Blatsonstein's Yamaka plant in Haifa and pay for it with whatever national resources you have? How can you do that when they're not in the banking system if they're out of that racket? You see the problem here? This is an interesting twist. It's not a big country. Iceland is a dot on the map. First of all, you'd have to ask what do they have to offer? They have some manufacturing, little. But like Canada, they have tourism, and they are a small nation state. And they have several herbal products that are only available in Iceland because Iceland does not allow fertilizer or pesticides. And they're the only place left on Earth that's certain herbs and herbal products are still available. That's their biggest export. So it makes sense. See, there's a lot of other subroutines tied into this. This is a good point. We need to watch to see what other comments are made about Iceland or if they kind of turn a blind eye. It's not on the beaten path, so to speak. It's not like it's the center of the universe. Hell, it's one of the few European countries that has not been overlord. You know Sweden had its chance, Norway had its chance, Denmark had its chance, France had its chance, Germany had its chance. Iceland isn't remembered for a whole lot of conquering Europe, okay? So they're a unique nation state across the board. Well, Iceland also has a restricted population. If you're not an Israelite, you're not allowed to move there. Oh, with regard... well, yes, we understand that. Yes, they have immigration... They have a segregated population. They have a specific immigration policy, yes, that's been in place for a long time, which is the other thing that the kosher mafia has been rather agitated about, as we know. So there's a lot more going on there, too. But anyway, point is that, thank you for bringing that up. Now, another thing real quick, what was the spot on silver and what was the spot on gold again? The gold closed today at 8th. It was $8.3210, where last Thursday it was $9.15. So it came down to $0.00. Silver closed at $10.67 today. It was up $0.50 from Friday. But the fact that the gold went down shows me that they sold gold and bought stocks to pump the market back up. Two other issues I want to catch before the top on this here is that Hungary tried to sell bonds last Friday and nobody bought any of the bonds at their auction and they're on the verge of going belly up as well as Ukraine is also on the verge of going belly up. Another reason for the war guys in Georgia why they wanted to orchestrate a Russian front. A great way to conceal that type of debt issue is to create the confusion of war and then everybody in the pickle smoking mirrors and while the bullets are flying well with all of that going on nobody's going to look at the core issues because it would be crisis and the national interest don't you know. Yes and Georgia's next door neighbor, Askar Stans, That one's also on the verge of bankruptcy, which is the land of the Jew. Those are the three nations that are teetering right now. So we're looking at it. Yeah, so that's where the war was going to break out, and I guess bolster their economy. The world didn't quite work the way it was supposed to. Oh, okay. Anyway, oh well, let's put it this way. The Russians sortaed in, dealt with the problem, nobody was really ready for it the way they planned. Obviously, like somebody pointed this out over the weekend, that the only option we would have had was really to go nuclear, and nobody was really going to see any sense in going nuclear over Georgia. Which is really interesting Pearl Harbor, you're right. Yeah, the fleets the fleets are down the troops are pretty well exhausted or have been consumed and Not even in what we would consider major actions people they have ground down the US military in a secondary action to push the dope the opium in Afghanistan and to steal the oil in Iraq And in reality they could have done a better job, but because of the intentional and always garbage mismanagement of the neocons and the liberals, oh did I say neocons and liberals? The neocons slash liberals. We're in the situation we're in. There aren't any conservatives involved in what happened here. These were all the same old socialists, one step over the other, again, coming out of the stock market, same kind of criminals, operating in all of these other areas and given far too much authority and leeway in a situation where we have checks and balances we're not using. And it's time that we did, but a problem is this, as somebody pointed out, actually one of the military people I was talking to this weekend, and he goes, well, who do we arrest first? And who decides? I said, well, it sounds like you've got a bunch of command personnel who need to decide to arrest the ones who are quite obviously up front first and just give an opportunity to start pointing fingers. How does that sound? Because as we've already seen, they're not exactly sticking together. In fact, they seem to be using that double-bladed executive letter opener, guys, in every direction. And a lot of characters who thought they were fellow travelers. Well, they ain't traveling with them anymore. In fact, they got cut off at the knees with that executive letter opener. First one like, ooh, plop. Then the other, ahh, ooh, that hurt. And the rest is history. Well, recent history. Now, it's not over. Oh, yes we are. We're at the top. Dave, thank you for the report. Thank you, sir. And again, give us a follow-up tomorrow if you would, please. Yes, sir. Okay, thank you. And as always, God bless the Republic. Death to the new world order. We shall prevail, ladies and gentlemen. The Empire is on the run. But we are on the march both day and night. Ooh, raw. Fix bad heads, chase them to the coast, give them a backpack full of dye-ball machines, and let them slim halfway back to the spiders. They ain't gonna make it. Dom, thank you. God bless you, Mark. God bless you, America. Thank you again, Dave. Are you losing precious sleep on these long hot summer nights? Are you paying outrageous energy bills trying to stay cool while you're sleeping? If so, have I got great news for you. The bed fan is an amazing device that installs at the foot of your bed and circulates cool air between your sheets. Your average body temperature is over 98 degrees and your air conditioner simply can't penetrate your blanket or your body heat is being trapped. 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