Ladies and gentlemen, welcome to Man in America. I'm your host, Seth Holhouse. So some pretty
significant information and data has come out about the U.S. dollar and its global reserve status.
And as much as we've been talking about this for well over a year now, this figure and this report
that's come out, which we'll be diving into, in my opinion, is the most concrete example
and indicator of where the dollar is at as a reserve currency, and also where it's at in
terms of its overall value and how quickly it will collapse. But on top of that, there's some
pretty major news that's come out in this past week about the rollout of the central bank digital
currencies. And I've got a couple of videos to show you that explain how it will actually work,
because there's a lot of theoretical things like, okay, this is what's happened with central bank
digital currency. But we've got a video specifically showing exactly a case study
of how they took a country, an African country, that had less than 1% adoption rate of CBDCs
up to 60%. So anyway, this is going to be a really important show, folks. I hope you enjoy it,
and I hope you take away some positive lessons from it, because we have to be pretty aware of
what's happening. Before we get started, make sure you're following me on social media,
at Man in America, and on Twitter, at Man in America US. You can also catch the show on LFA
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the show listed over there. There's also some other really good shows you can watch on LFA TV
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All right, folks, let's jump into this interview with Dr. Kirk Elliott. Kirk, as usual, it's great
seeing you. And as usual, there is a lot to talk about. There's so much. I mean, even just this
week, we've got inundated with earnings reports, and real estate reports, and applications for
new mortgages, and pending home sales, and GDP numbers. I mean, literally, it's a busy, busy
week. And normally, in the investment world, perception is reality, right? People will respond
to news bites, 30-second news segments, and hearing Jim Cramer shouting from the rooftops,
and it's like, oh, I got to make a change, right? Well, this week is not about perception. This week
is about reality, as some of these numbers come up. Now, you have to have wisdom to discern,
because you know the inflation numbers are going to be cooked, right? You know that the unemployment
numbers are going to be cooked, right? They're going to just mutilate their true meaning of
those. But new housing sales, okay, you can't hide in the woods on that one. Pending mortgages,
you can't hide in the woods on that one, right? There's so much that's coming out.
And what I wanted to share with people, it's like when you've got official inflation hovering at
over 6%, right? I mean, unofficially, it's over 20%, but their numbers are 6%. Well,
what is gross domestic product? It's the reflection of everything that we buy,
right, at current prices, which should have inflation built into it. So if GDP numbers
are not what inflation is, you know that the economy is shrinking, right? Because that's just
the math. That's how the math would work. So I'm expecting GDP numbers to be at like 1.7% to 3%,
somewhere in this weird range, when inflation's at 6%. Even if it's at 3%, and inflation's over 6%,
means the economy's contracting by like half, right? So these are the numbers when you understand
how the puzzle pieces fit together. It paints a really horrible picture for the economy,
which is why this week, or actually last week, you saw McCarthy, I mean, the Speaker of the House,
you know, just ranting and raving about, we've got this debt ceiling, we have to stop raising
the debt ceiling. It's just implications, there's problems here. But what are they gonna do?
Raise the debt ceiling. Because they're politicians, they have to, if you don't
raise the debt ceiling, government shuts down, they don't get votes, right? So you can say all
you want in political speak, but the bottom line is they're gonna keep kicking the can down the
road, create more inflation, which is gonna wreak more havoc on the markets, cause more erosion to
the US dollar and to the American family. I mean, this is what it's boiling down to, but this week
is not about perception. This week is about numbers coming out. There's a ton of reports.
And you know what? We're just gonna identify them. The markets aren't gonna act very kindly to them.
I don't see how they could, because these aren't gonna be good reports, especially the housing
numbers. Yeah. And so one of these numbers that you and I were talking about before the show,
which I'm gonna pull up an article for, to me is the most significant and shocking of almost any
number that we could be talking about. And so you and I, we've been talking for quite some time about
de-dollarization, the US dollar losing its reserve status. And a year ago, it seemed like it was more
of a conspiracy. And I saw a lot of people saying, look, the people that are pro-gold and silver
have been saying this for years, warning about the dollar collapse. And so you could say, okay,
well, is it really going to, or are we seeing all the signs and we're not really sure when it's
gonna happen? But some information recently came out that, in my opinion, and I'd love to get your
opinion on this, is the most damning information against the US dollar. And I mean, it's almost
as if it's a real-time status report on how far the dollar has fallen and how far it's
going to continue to fall. So let me go ahead and pull up this article. It's on our favorite
website, Zero Hedge. So this article titled, it says, it's a defund the global police moment,
right? Saying, you know, defund America, right? Jen, so Steven Jen, who's a former, I think,
Morgan Stanley, he has big financial guy. So Jen says, de-dollarization is happening at a stunning
pace. So I've got a few things highlighted. I'm gonna read for folks here. So it starts off,
over the last few weeks, it is seen you can't turn a page, blink at a pixel,
or hear a news report without some form of de-dollarization headline shrieking at you.
From Brazil to Saudi Arabia and from India to Argentina, an increasing number of nations are
reportedly shifting away from the dollar hegemon. So if we scroll down here, he says, but below the
surface, the dollar's fecal matter is striking, rotating objects at an increasing pace. A funny
visual there. And Steven Jen, infamous for his coining of the dollar smaller while at Morgan
Stanley, which posits that the US dollar tends to do well when the economy is soaring or slumping,
recently quantified just how rapidly the de-dollarization is occurring. So Jen, who now
runs money at Urizen SLJ, warned in a recent briefing note that the dollar is losing its
reserve status at a faster pace than generally accepted, as many analysts have failed to account
for last year's frantic swings in exchange rates. So he says, quote, the dollar suffered a stunning
collapse in 2022 in its market share as a reserve currency. So this is a key point here, Kirk, is
that, and I really want to get your thoughts on this, but when we're diving into what it means
that it has a collapse in its market share as a reserve currency. So as the Financial Time
reports, so Jen estimates that if you adjust for price changes, the dollar's share of official
global reserve currencies, it's gone from about 73% in 2001 to around 55% in 2021. And then last
year, it fell to 47% of total global reserves. So here's the chart they have there. And for the
people that are watching, you can see it. If you're listening, I'll describe it to you. You
see the line chart with the black representing the USD, basically showing that it moved from,
as you mentioned, it was 73%. So 73% of all reserve currencies were held in dollars,
as I understand it. And it's now dropped below 50% to 47%. You can see this chart and that's bad
news. Like this is, you want to talk about the process of de-dollarization or the process of the
dollar losing its status as a reserve currency. This is the graph showing that status on its way
to disappearing. So he continues, so he goes on to ominously explain that the USD is losing its
market share as a reserve currency at a much faster rate than is commonly believed. And that's
the kicker right there. The fact that it's at a much faster rate than people believed. And so
last quote here, he says, the greenbacks share in global reserves slid last year at 10 times the
average speed of the last two decades, as a number of countries looked for alternatives after Russia's
invasion of Ukraine triggered sanctions. So that's a crazy figure right there, Kirk, that
that its share in global reserves slid last year. And if you want to talk about this year yet,
like everyone's abandoning it this year, but it slid last year, 10 times the average speed of the
past two decades. This, what we're seeing is it's falling off a cliff. So anyway, I wanted to talk
about that because you're talking about the numbers that paint the picture of reality. And to me,
this is like earth shattering information. Well, and it's earth shattering and we don't, haven't
even seen the most earth shattering numbers yet because this is last year, right? And we haven't
seen what's happened over the last three weeks when, when Brazil cut a bilateral trade agreement
with China to trade in the Yuan, when Saudi Arabia, Iran and Russia cut a trilateral agreement
to trade in the ruble, when Iran and Russia cut a bilateral trade agreement to trade in the rupee,
when, when Mexico wants to actually join forces with the BRICS nations, when Japan is pulling out
and buying oil from Russia, right? There's all these countries that's gaining momentum that those
recent things over the last three weeks, haven't even been reflected in these numbers yet, right?
So this is where we started to head after the Russia-Ukraine conflict and, and what caused a
lot of this de-dollarization, really? It, to me, it kind of has this tip of the funnel when, when
the Biden administration decided they were going to kick Russia out of the SWIFT system, right?
And so what, which is basically all international settlements, the basically all wires going into
Russia to pay for things. They said, Biden said, Oh, we're ticked at you because of the Ukraine
conflict. And so therefore we're going to put these nuclear option of economic sanctions on you.
No wires going in or out. So what did Russia do? Russia did what, what any country would do.
They did what I would do if I had some country put economic sanctions on me,
I'm going to take care of my people. So Putin went to China, said, Hey China, we got a problem here.
We got a lot of oil. We got a lot of gas, got a lot of agricultural stuff. And my people are
going to starve. How about if we join our forces even more, right? So, so they, because China
already had the SIPS program, C-I-P-S, which is like SWIFT. And so then they pulled this in.
Well, it was that one moment that now got the ball rolling in this snowball effect of country
after country, after country, after country, leaving the Western financial system, the
transparency of transactions that we can see through that. So now you've got, I mean,
let's think about it. You've got arms dealers. You've got, you've got drug dealers. You've got
money laundering. You've got all these transactions between countries that the West has no more
visibility to because it's out of the SWIFT program and it's in their own. So who knows
what they're doing behind the scenes. But what we do know is like, okay, this attack,
if we joined forces with each other economically to be the world's reserve currency,
you need a few things to actually be the world's reserve currency.
Somebody can't just say, we want to be the world's reserve currency. So, I mean,
I want to dunk a basketball. It's physically impossible. So, so it doesn't matter what
people want, but what are the things that are needed, right? Okay. You need a strong economy.
You need a strong military. You need political clout. Well, individually, these countries don't
have it. China doesn't have it. Russia doesn't have it. India doesn't have it, but collectively
together, it's like, okay, now they really do. So you've got that framework set up. So now if
you continue to dismantle by taking away, and this is the big thing, stripping away that petrodollar
status built in demand for the U S dollar is the world's reserve currency and cut all these
bilateral trade agreements, not using U S dollars. There's no more built in demand for
the dollar. This is why you've seen that precipitous drop. But this year, we looked at
that chart next year. It's going to go off the bottom of the page, right? Because we haven't
even seen the beginning of, of the mayhem and those charts that are being reflected
this year, it's lights out. And we're only in, we're only in April, right? I mean, this is,
this is going to be devastating. And this is probably the year where we hit critical mass
and the U S no longer is the world's reserve currency because of the elimination of the
petrodollar and the momentum that has been gained by these other countries, actually,
not just, not just diminishing demand for the U S dollar by stripping away its petrodollar status,
but by building a system to replace it, right? There's two things, eight, you have to
kill what was already there to give birth to your new system. And that's exactly what's been
happening over the last year. And it seems like that you have two new systems that are on the
horizon. And it's hard for me to really understand what the relationship between those two is,
whether they're secretly coordinating on the backend or whether they're competing,
but we know that we have this, the new BRICS reserve currency basket of currencies that's
in the works. Zimbabwe just announced that they're going to be backing, they have a new
digital currency backed by gold. But then we also have the central bank digital currency coming from
the European central banks. And it seems like that for us here in America that, you know,
we don't have a Putin or a Xi or a, you know, any other leader that's in charge of our country
saying we're going to reject this, the U S dollar system. And we're building this other system
that's going to be backed by commodities. We're in a situation where we've got Biden that seems
like he is trying to actively destroy the dollar as if there's people pulling his strings and using
him like as a, as a hand puppet to further kind of put the final nails in the coffin, which you
saw that happen with the sanctions, right? That was one of the major triggers is that all the
countries around the world realized, wow, the United States will now weaponize their dollar.
If, if as an act of war, basically, like that's what that did. And so if you look at the, we had
the Fed now that was introduced. So there's a few different videos and different things we're
gonna get into right now. So we've got the Fed now system. We also have, which I'll pull up right
here, the Unicoin, right? Which, so this was just recently announced at the IMF spring meetings.
They announced the Unicoin. So it's like, Kirk, we've been talking about a central bank digital
currency. And here we have, it says during the last week's international IMF, international
monetary fund spring meetings, the digital currency monetary authority announced the launch
of an international central bank digital currency known as the universal monetary limit, which is
also being referred to as the Unicoin. So this is it. I mean, it's the, this is like the, what
we've been so worried about is like literally accelerating. And then we also have the Fed
now system. So I'm going to jump to a quick video where a guy explains the Fed now system. And I
want to go back to you and see your thoughts on this, but let's give this a quick watch because
this is also significant because people are thinking, well, how is it going to work? And
how can I get out from under it? Well, check out this video on the Fed now system.
You need to say goodbye to Venmo, Zelle, PayPal, and Cash App because Fed now is coming and you
don't have a choice. Fed now is a payment service by the government coming out in July that your
bank will have to sign up for, which is the first step to make the dollar digital. Now, how does
this work? Well, if you buy something on Amazon, your money won't go directly to Amazon anymore.
It will first go to the Fed's account and then go to Amazon. This means the government will know
everything you use your money for. And if they want to, they can reject any purchase you make,
take money out whenever and decide what you can and can't spend your money on. Yes, it will be
faster for payments to settle, easier to get stimulus and lowers costs that you have to pay
to your banks, but your privacy is gone. So is it truly worth it? And guess what? You don't even
have a choice to participate or not. Our banks are the ones who will decide for us. So follow me to
So there we go. I mean, and I've got another video to kind of show in a little bit here about
how they force people in Nigeria to adapt, adopt the central bank digital currency. But
when you see that video on the Fed now, and you see the news about the Unicoin,
what is this telling you? Well, it tells you what's coming next, right? I mean, so,
so everyone's all concerned about the Fed now because this is central bank digital currency
of the US, right? Getting rid of Fiat-based paper dollars, which are private, right? You can
go to a farmer's market, you can go anywhere and still use paper dollars and nobody know that you
did it. If you don't know that you spent money, it's hard to tax that, right? So, so part of this
is all about government revenue streams. The other part is completely controlling the masses,
making them some subservient to the big global structure, which is not just an economic thing,
it's a political thing, right? Because telling people what they can buy or sell, basically
making you a slave to the system is how you can truly control people, right? So, so what that,
what that video said was your funds aren't going to go directly to Amazon. Like they do if you use,
like, well, they don't technically don't go directly there now. If like, if you use
Visa or MasterCard, right? Goes to that clearing house and then it goes to them and then they pay
the banks, right? So, but this one cuts out all the middlemen, right? And it goes directly through
the government to the payee and the payor, right? So that it's that conduit, it's that tunnel.
But in that tunnel is everything about you, your spending habits, your digital social profile.
Actually, there's more to this tunnel, like the FedNow app than what people could possibly
imagine when it's tied to your digital social profile. Just this morning, I read an article
about Biden's next plan for, for getting mortgages, right? Anybody who has a high credit score,
like 700 or above is going to pay an extra $60 a month. It's like, what? I thought if you had a
big, high, nice credit score, you could get a lower rate. No, he wants to actually help riskier
buyers, but he's not having the banks do it. He's going to have people with good credit,
supplement the people with bad credit. This is 2009 on steroids, right? 2009 happened because
of subprime lending, right? And people getting mortgages that they shouldn't, right?
And so they made this into a racial thing in this article that you have pulled up there,
basically saying what the average black community's credit score is, what the average Hispanic
community credit score is, what the average white community credit score is. Anybody can have bad
credit. Anybody can have good credit. Race has nothing to do with it. Ethnicity, political,
religion has nothing to do with it, right? So what are they doing here? They're starting to build
your social credit score, your digital social profile, where if they simply don't like you,
they're just going to withhold your money or charge you more or charge you less,
cut you off from buying or selling altogether. All these pieces are going together. But in the
banking industry right now, there's massive consolidation. Small banks are being bought
by medium-sized banks. Medium-sized banks are being bought by the big banks. Because if you're
going to a new system, well, it's really hard to control all of these sheep and these lemmings,
right? All these different banks out there, thousands of them. But what if they're all
controlled by the big six? It's easy to control six banks to go into your system.
Well, then how about globally with the Unicoin that you're talking about? It's like, okay,
so you've got everything consolidated into the Fed now, and maybe you have one of those in Asia.
Maybe you have one in South Africa or South America. Maybe you've got one for the European
nations and for Africa. Just bringing in these regional central bank digital currency systems
all into one, right? It's easy to control a few, especially if you're all in cahoots with each
other. It's really hard to control the thousands and the thousands and the thousands of different
banks in different systems. They want everybody to be in the same thing. And this is where you're
right. This Unicoin that's being put together by the kingpin of the economic globalists, right?
That's probably it. That probably is the global centralized currency that we've all been dreading.
And I think that that's probably it. And so when I hear about this, it sounds, again,
similar to the de-dollarization. We've been talking about the concern of CBDC for quite some
time. And before, it sounded like people were like, okay, well, maybe eventually, but is it
really going to happen that soon? And I think for a lot of folks, it's kind of like you go into this
thinking, say you watch this program and say, you're really aware of this. And it's like, well,
how are they going to roll it out? What's it look like? Will they be able to successfully
roll it out? And so I think that we have to look at other countries as examples of what they've
done. And if you look at what we experienced in the last couple of years, we experienced a
mass vaccination campaign. Well, guess where those same campaigns were tested and pushed for decades
before? America and Africa. Africa has always been the testing ground for this stuff. And so
I've got a video now because you and I have talked before about what's happened with Nigeria and some
of the other countries over there, but I want to bring up a video of this guy talking about
how exactly the rollout of a central bank digital currency worked in Nigeria.
So let me go and pull this up. And this video is a little bit alarming. Actually, it's very
alarming, but I think we had to look at this and just be very, just say, Hey, let's just look at
for what it, what it really is. And he's very sober about it. So I'll play this video now.
Well, let me bring you up to speed folks. Today's post is for anybody doubting that
central bank digital currencies are definitely a thing and that a cashless future is absolutely
imminent. Did you know that Nigeria is basically cashless now and that they have a central bank
After a three week delay, Nigeria's digital currency is now legal tender.
In October of 2021, the central bank of Nigeria announced the E-Naira.
Well, after about a year, only 0.5% of Nigerians signed up. Yes, big surprise. Most people don't
want a central bank digital currency. They limited the amount of cash that people could withdraw
from the banks and ATMs to $44 per week. Now the average Nigerian needs $40 per day to survive.
The long queues at ATMs and banks nationwide,
oftentimes in the middle of the night and up to seven hours long.
Scenes of destruction are evident at different banks.
Some have had their windows smashed and ATM pawns damaged.
Steal the Togo vault to get cash, a sign that the cashless policy of the CBN is yet to feed
into the system. They banned cash. The government came out in October of 2022 and said that they're
no longer accepting the old bank notes. So they said, we're going to give you new bank notes.
But then the bank stopped issuing the new ones and people couldn't get the new ones and then
nobody could get any cash anymore. You can't use the old ones and you can't get the new ones.
Cash shortage sparked by the replacement of paper notes,
a crisis which has left people cashless and has forced businesses to close.
The ATMs are not working. Even when you walk into the bank,
they will tell you they are not giving that money, that they don't have the cash.
The banks are making the new Naira notes very difficult for Nigerians to accept.
So what happened? A 60% increase in people who are using CBDCs because guess what?
Children were starting to starve. They starved their own people
into adopting central bank digital currency. And so this is a case study.
This is a cautionary tale. The world leaders are taking notes on this,
and we the people need to take notes on this. Only the American people can stop this because
if the central bank digital currency happens there, it's going to happen everywhere,
especially here in Canada. Write a letter to your congressman, your representative.
Keep the pressure up. Keep your eye on this. Make sure Congress does not approve
the move to a central bank digital currency. And if you don't think that a central bank
digital currency and a cashless society, just like Nigeria, isn't coming here,
then you need to be a little bit more sophisticated in your thinking.
Because why would we allow Nigeria, a developing country, to have a more advanced technology and
payment system than us? Of course not. We're the first world. We have to be more advanced.
We have to have better technology than them. People actually died in the streets. There was
rioting. They didn't care. They burned down the banks. They don't want the banks to exist. They
want the banks gone now. They don't care about the banks. They don't care about the riots in
the streets. They don't care about the kids and the families that are starving, adults who aren't
even eating food. So that to me has been, I've been reading up almost, you know, like an addiction
on understanding what's happening with the dollar and the central bank digital currency.
And that video put it together for me better than I've seen anywhere so far. And the big part about
it just being how, this is how they work. They will use whatever leverage possible to bring
this system in. So even like in Nigeria, for instance, when they went from being a 0.5%
adoption rate to 60%, what they do, they got rid of cash and they basically made it. So you
couldn't even feed your family. So this is why, I mean, this is why we talk so much about prepping
in all different aspects. But anyway, before we get into that, I mean, what did you think about
that video, Kirk? Well, it's, it's really creepy, but, but yeah, not surprising. Cause we've talked
about this, Seth. We've talked about how if you want compliance with something, you create a
crisis that's so bad. If it's so bad, people will give up their freedoms. They will give up their
security. They'll give up pretty much everything in exchange for perceived peace and security.
What's more important to food, to a family? Hardly anything, right? So when they needed,
when most Nigerians need $40 a day, they limit it to $40 a week. How are you going to survive?
Right. Truly. How, how are you going to survive? That's only surviving one out of one day out of
the week in reality. So what about the rest of the time? So it's like, well, we'll take care of you.
We'll take care of you. Just sign your life away here. And it's like, boom, that's how they got up
from 0.5 to 60% compliance. See, but I don't see how that's going to differ in any other region,
any other country around the world when it comes right down to it. And nobody wants to give up
their freedoms, which is why they had 0.5%, you know, adoption rate at the beginning.
Nobody wants to give up something to a government run bank that has the ability to cut you off from
buying or selling. Who would? I mean, that's, that's a horrible thing to say. Yeah, that sounds
great to me. Nobody wants that. But whether, whether you're forced with eating, sure.
No, let's, let's just do it. You know, let's talk to your wife. And it's like,
okay, let's just do it. How about here in America fed now? What, how many people are
going to want that? Not probably very many at first, but what if every government worker,
what about people on social security? What about people getting their, their government pensions?
Say, okay, you want your government pensions forced to comply or else we're just not going
to pay you. This is the new system. And it's like, okay, well, boy, kind of think this,
that this might truly be the mark of the beast, but all right. We got to feed ourselves. Right.
I mean, people are going to be snookered into these things out of eating out of survival.
Right. And, and the case in Nigeria, very good case study. I mean, this is how it happens.
Yeah. I mean, this is, that's literally one of the things in the back of my mind,
I, you know, when we're, I spent all morning today outside working, you know, building our
garden beds, you know, planting, you know, getting ready. That's exactly what's on my mind
where I'm thinking about what, what is one of the scenarios I'm preparing for? It's, it's, it's that
because of that, you know, of that 59.5% of people that didn't want the central bank digital currency
and then were forced to get it. I would say that they were forced to get it for a few reasons. One
is they probably did not have a store of food, enough food so that they were now they couldn't
feed their family. So they had to go out and abide by that system. They probably did not have
any cash outside the bank or very little cash outside the bank, because you could see that
one of the things they did is they just stopped, they just stopped allowing withdrawals.
So if people, if they would have thought ahead and had some money outside the banking system
that would have given them a little bit of safety net and, and my guess is that they didn't have
any of their assets in other forms other than just that local currency. And so all, you know,
all three of those items basically turned them into a slaves to the system. And it's just like
in Ukraine, after the war kind of kicked off, they introduced the, the universal basic income,
basically where they're going to be giving people money to help kind of compensate, but they were
going to require that you got your, your jab passport. And that's how it works. It's like,
so all the people that even that resisted getting that thing, I said, you know, I'm not going to get
it. You know, I don't believe in it for whatever reason. If, if you, if, if it's now, if you want
to feed your family, you have to go get your third booster, your fourth booster. That's where this is
all headed. But what you can see though, even in Nigeria is that 40% of people still chose not to
comply. And that's what gives me faith in this, because I believe that there's a lot of Americans
that will just say like, I'm not going to comply. And I think that you're going to have, you know,
it's like, okay, well, you can't get cash anymore. Well, we're just going to barter.
Like, you know, I'll give you some rice and you give me some gasoline. I'll give you a chicken.
You give me some bullets. But I also think we're going to see a parallel economy, a rise in
alternative currencies as well. But so what are you, what are your thoughts on just how that would
play out here in America? Well, when you have something that's so egregious and so bad,
the central bank digital currency, you're going to have so many people groups that this reminds me
of Pelosi when, when basically, I don't know if it was the CARES Act or what it was when she said,
hey, we've got to read the, we've got to pass this thing to find out what's in it.
Remember that stupid statement? Well, this is like central bank digital currency.
Once you have it, you're going to realize how bad it really is. So I think from the jump,
people are going to realize this is not what we thought it was. This is complete loss of privacy,
complete loss of freedom. And there will be like a revolt, so to speak. People are going to say,
we're not using it. But here's the thing. Once you get into it, it might be hard to get out
because they have the ability to cut you off from buying or selling. So by that point, it might be
too late. Once you are in it, I don't think you're getting your stuff out. This is why
the preparedness part of it is I would much rather be nine months, six months, three months early
than one day late. Right. So, so as this starts to happen, there will be systems that I believe
establish themselves, whether what could some of them be silver for barter, right? Just taking
tangible asset and trading it back and forth. People, a gold back currency will probably
emerge, maybe quantum financial systems, some other cryptocurrency. There will probably be
numerous parallel economies and systems that rise up almost from the get go that we could utilize.
But here's the thing. Once you go into that system with the part that you put in there,
it's going to be very, very difficult to get it out. Right. So I would encourage everybody,
when you see your bank unleashing Fed now, don't do it. Really find a different bank,
find something else, buy yourself some time to get yourself more prepared because we don't want that.
We don't want big brother on our, on our, one of our most basic freedoms, our ability to buy or
sell what we want to and use the money that we worked really hard to accumulate to tell somebody,
yeah, you can buy this or you can't. It's like, who are you to say? Right. But they're telling
us that all the time. Yeah. And this is going to be really bad.
Dare they, you know, like we work so hard and we're already paying off huge amounts of money
to the IRS and a corrupt government. And they now want to say that we're going to control how you
spend. I mean, it's like, it boils my blood to think, and it makes me want to spend it. I get
so far out of that system, you know, that it's like, it's just, yeah, it really, really gets
under my skin. Yeah. Me too. And people should get out of that system and you can with tangible
assets. Like that's an easy one to start with now, right? Other stuff will start to manifest
itself down the road and different strategies will develop. But, but I love it where you talk
about preparedness food. So I love it that, that we can have silver for BARDA that we can get out
of something that's digital. You don't want to be a digital slave in somebody's digital world,
right? So get something that's real, get something that's tangible, whether it's investing into,
into metals through your IRA or non-IRA, whether it's investing into, it's weird to think of food
as an investment, but it is. Yeah. Right. So some long-term storage food, investing the things that
provides sustainability moving forward and how you live, right? Whether it's, whether it's a
chicken coop. I mean, some people like me, I'm, I'm, I'm a city slacker, right? We live in downtown
Denver. Some of those things are not feasible for me. So therefore you get long-term storage food,
right? Just get some cans. Every time you go to the grocery store, get a few more,
right? I mean, just start to do what you can do to move forward. And here's the complaint I get
from a lot of people. It's like, Kirk can't afford it. We can't even afford to live,
let alone just do a little bit extra. Then I would urge you find something that you can pull out
anything, right? It's like, I don't, I don't know everybody's budget's going to be different,
but this is an important enough thing where you should reassess and start to do whatever you can
do to protect yourself with food, with your finances. Right. And, but here's the thing,
if you can't afford it, well, at least then allocate your IRAs or retirement plans into
something that's growing like silver, which is up over 20% in the last two and a half weeks.
That's incredible. Ultimately you can maybe sell off some of your growth assets to buy some of
these things you couldn't afford because the income's not there, right? Just start, just get
in the right path, get in the right space. Give us a call and we'll help you navigate through that.
I mean, that's what this show is all about. It's not about focusing on the storm, but some people
think that it is. It's about focusing on the solution, right? Because there's peace in the
solution where there's turmoil and stress in the storm. Not saying that the storm's not there.
I'm saying that there's an answer. And if we focus on the solution that will bring peace.
I think that we shouldn't act out of fear, but we also shouldn't bury our heads in the sand
and looking at could that happen in America where one day, you know, you go to your local bank,
JP Morgan Chase or whatever it is, say it's a regional bank and they say, sorry, we don't have
any more cash to give out. You know, that could be, that could, that could be weeks away. I mean,
it really could be, I don't want to be a fear monger, but maybe it's a year away. Maybe it's
two years away, but you can see the writing on the wall. All of this is happening. And
the demise of the dollar, the collapse of the currency that, you know, the federal reserve
note, we know as the U S dollar, I think is just, it gives them the perfect opportunity to come in
and say, look, you know, fiat currencies has to have a life cycle and the dollar because of China
and Russia, you know, the dollar has now collapsed and your cash is useless. So here's your, here's
your digital token instead. And so anyway, as you talk about prepping, you know, buying food,
long-term storable food, you know, rice, beans, dry food, ammunition, right. Even buying a box
of nine millimeter, that's going to be an amazing barter item, seeds, heirloom seeds. That's going
to be huge, right. Be able to produce your own food. And of course, precious metals, gold and
silver. I got one final thing to kind of show as we're closing up, but it's like, do you think
it's any coincidence that as this article just came out, that's the central bank gold buying
is at its highest since the 1950s, right? So that the central banks are buying gold at the highest
amount since the 1950s. And we're seeing it. They see the writing on the wall. There's a reason why
the people that know are putting their assets into precious metals, because you're right.
It's better to be six months, three months, four years early than to be one day late. So Kirk,
if folks want to get ahold of your team, right. And set up a free consultation with you,
they can visit. So we've got the URL, make it really easy on you, goldwithseth.com. If you go
to the website, if you want to do it this way, you just go scroll down. There's a really simple form
that you fill out and one of Kirk's team will get ahold of you and set up a meeting so that it might
take a couple of weeks. Just be very patient. I know it's, there's an urgency, but just being
realistic for you guys have been so busy and you're still really organized. It might take a
week to get a phone call just to set that appointment up. So you can go to goldwithseth.com
or call 720-605-3900. Again, it's 720-605-3900. So Kirk. Yeah, just give it. Yeah. I mean, look,
that last one, central banks are going into gold. Why? Because they know that it's real.
And, and so if they're doing it and they realize that they need to back up their fake phony money
with something that's real, we should do the same thing. They're covering themselves for their own
system of demise. Well, they know that there's reward in that. So we should do the same,
right? If central banks are looking at the precious metals, right. And, and you know,
they're going into gold. I would say go into silver because silver is outperforming gold,
still a precious metal, right? But, but here's where we can take advantage of these trends,
rather than the trends taking advantage of us, be in the right place at the right time, grow,
thrive, and start to come to that point of peace by focusing on the solution rather than on the
storm. Yeah. I mean, and while, you know, for a lot of people, they're watching their house value
now declining after it's going to hit that peak. They're watching inflation happen. You've got
silver up close to 30% in the past six months, gold up over 20% in the past six months. So I think,
I think it's just the beginning of that. So anyway, Kirk, it's, it's always a lot of fun
and just a pleasure to have you on the show. I really appreciate you coming on. And I have to
say that I consistently get feedback from people saying, I love the economic updates from Kirk.
Because you have a way of explaining it, that you can explain it to the average person. If
I can understand what you're talking about, then it's like your average third grader is
going to get it too. So thank you for that. It's my pleasure. I've been doing it. This
isn't my first rodeo. I've been doing it for 30 years. And you know what? If I can teach this
stuff in a university classroom setting where everyone's bored out of their mind with economics
and they don't get it. And by the end of those classes, they love it and they get it. You know
what? If I can do it to a kid who all they want to do is ski, I know that we can do it to people
who really care, right? About their retirement portfolio. So, so there you go. It's just how I
am. So thank, but thank you for those kind words. I really appreciate them and love them.
Absolutely. Well, thank you, Kirk. Take care.