mm.
Mm.
Yeah.
Mm hmm. 5 00:00:09.940 --> aN:aN:000NaN
Bold
is,
you know,
perhaps the best performing assets in the portfolio and the
agenda of the Federal Reserve in my opinion has changed.
Their goal no longer is to prop up financial assets.
Their goal now is to redistribute wealth and the end of the
currency is about inflating away the debt.
And this is consistent in what happens over every currency.
And that's the stage we're in right
now.
I never thought I would see the kind of censorship we're living through.
I never thought I'd see the kind of Spying on your neighbor,
the kind of atomization,
the kinds of restrictions on freedom of conscience and freedom of assembly.
I never thought I would see this in the United States.
Once that system is in place of 24/7 control of
every human,
which is the goal of some of these,
you know billionaires.
It's going to be very,
very difficult to turn around.
Mhm
Yeah.
Mhm.
Welcome to episode five of Endgame,
The coming collapse and how to survive it.
We are crossing now that halfway mark,
this is a nine part docuseries or nine episodes and through the
journey as you can see,
we're talking to the best experts in the world about a variety of subjects
that matter today.
Right now.
Some of these things maybe didn't matter a few years ago,
we were in the front of our minds at least as far as saying we need to give consideration
here,
but we're here to alert you.
I mean that's what revealed films.
Does it explores critical topics in very unique ways
with the best experts that you can find out there so that you can be informed in a
way that you can take action.
I also want to remind you that you can own Endgame and you'd have our deep,
deep appreciation,
I know many of you have already invested in it and if you did number one,
you have my sincere thanks.
If you didn't,
I want to ask you to consider it.
We have multiple packages.
There's steep discounting during this free viewing period.
And we also have special bonuses to go along with it that I think
really make a big difference when you get the package,
those bonuses at a lot of value to it.
So if you haven't already,
please take a look at the varying packages,
choose the right one for you and go ahead and invest with our sincere appreciation and thanks
if you did,
Thank you for already taking fast and swift action.
I'm always a believer in immediate action always wins.
So episode five,
big episode,
lot of information crossing the halfway mark here,
what a journey it's been and the journey continues.
So let's dive in.
Mhm.
Well,
when it comes to securing your financial future,
gold and precious metals are always in the
conversation and it revealed films our go to guy on gold
is Adam Burrata.
This guy knows how to sift through information,
look at what's going on on a macro level,
interpret it and then share it in a way that is very compelling.
I was not invested in gold and silver until I met Adam Burrata and now I'm one of his clients.
So I'm telling you this why?
Because I find them to be credible.
I find him to be deeply thoughtful.
I love his passion around this subject and he puts his money
where his mouth is.
His own investments.
Follow his own advice,
which is something that is important because.
Congruence c of the messenger with what they do is something
that I think is important,
don't you?
Well,
Adam Burrata is all that and more.
He's a great guy,
really enjoy my conversations with him over the years.
And this one when it comes to understanding the role of precious metals and where you need
to be positioned financially,
given all the things that are going on in the world right now is important.
So make sure you're not distracted.
Let's jump into my interview with Adam Burrata.
Adam.
I've been anticipating this interview as soon as I heard it was booked because uh we you
and I have spoken in the past for some of our previous series,
talking about wealth and money in the relationship Gold has to that etcetera.
And you've been really almost clairvoyant in some of your predictions on things that were going to be
happening.
And now we find ourselves in this covid world with all kinds of a people
and I I was anxious to see your views of it and to get your
insights on it.
Uh so so let's jump in.
Uh let's just spend maybe a couple of minutes reviewing your background,
how you got into the business you're in,
just so that if somebody hadn't seen any of the previous interviews,
they have your background and then we'll jump into the thick of it.
Sure.
Uh I guess about seven years ago I founded a precious
metals brokerage,
um uh the the impetus for that.
Well,
I've been in the movie industry for a long time,
things went sideways.
I needed a job.
I temporarily went to go work for a gold precious metals
dealer and found that it was a story I was really passionate
about,
that.
I was pretty good at explaining to people and that I had a fairly
unique perspective on uh then leads me totally immersing
myself in the topic,
uh realized we could do it better we thought than what was done
in the industry,
really make it education based And uh,
you know,
we started with four employees um in 2014,
we're now the number one precious metals firm in the country.
Um really,
I think Part of that story is uh,
the content and information that has grown as uh,
you know,
as you know,
I published my first book in 2018.
Uh,
my second book was published last year and they were both number
one national bestsellers.
So it's really,
uh,
we're speaking to a different type of clientele,
a more sophisticated investor.
And it was really the,
what we set out to do when we,
you know,
formed advantage.
Gold was to not make this about transactions and fear
and uh,
you know,
a in the moment you know pain trade really
this is something that if we can educate people on what precious metals and
gold really do in the portfolio.
Uh you know that was the genesis for the firm.
Um I've since we we built a publishing company uh
it's called Brentwood Research where the,
I don't know how to quantify this but we've grown incredibly quickly due
to some of the success of the books.
We now have a you know several 1000 V.
I.
P.
Subscribers who pay for information and we have monthly
newsletters and weekly videos and the information is now
how many of the people find our firm advantage gold and all
of that I think has helped us put together uh we've built a better
mousetrap with better information,
better process,
better service and allows us to pass on better value to our
clients and uh you know,
you've experienced that firsthand.
I know,
so that's that's a little bit of a summer,
I think.
Yeah.
So thank you.
That that's perfect.
One of the things that got our attention initially,
where you got on our radar was we saw a video of a
presentation that you gave.
That basically was looking at the steps that I think the Fed moves us
toward where they until they get to checkmate.
And um,
so in looking at how you talked about things would unfold
now,
taking where we are today and reflecting back to when you gave that presentation,
how is it unfolding is unfolding as you anticipated?
Or where are we right now?
Yeah.
So,
you know,
it's one of the really nice things Patrick about doing this over time.
Um,
you know,
our markets,
uh,
you know,
live in the moment,
um,
investing lives in the future,
right?
So we've you and I have been able to look at this over time And
that presentation you saw,
you know,
the story is unfolded,
gold was $1200 when the first book was published in 2018.
Um the great devaluation was
written and submitted when gold was 1500.
Uh it's 1750 today.
So these are stepping stones that when we look back over time are easy
to see,
And there's no doubt in my mind that you and I are going to be talking,
you know,
a year 18 months from now when Gold's,
2500,
And so the story is really full unfolding,
more or less,
as predicted.
I'm surprised by some of the speed at which it
occurred.
And,
you know,
that's really a good summary of of where we are and how we got,
you know,
how I would just,
you know,
say where we,
that,
that little journey along that way.
What's really fascinating is I think gold,
everyone understands the insurance policy of gold.
The,
I think unique message that,
you know,
really has caught on is gold is,
you know,
perhaps the best performing asset in the portfolio,
especially given where we are.
And you know,
ultimately,
uh,
just give a summary quick of each book.
Gold is a better way was really about,
I think gold's going to outperform the stock market over the next decade.
That's what I published in 2018.
Uh,
no markets are at all time,
highs valuations are in the absolute stratosphere,
it's never been this expensive and yet,
since the book was published,
gold is outperforming the market pretty significantly.
Um,
so I believe that story is only getting better
for gold.
When you look at gold as a relative asset,
you can own stock,
you can own bonds,
you can own physical medals.
Um And I think relative to stocks and bonds,
you know,
the point of gold is a better way is that gold seems like a better
place to be moving.
Uh,
you know,
investment dollars,
long term investment dollars into.
Um The,
the conclusion of that was the Federal Reserve.
If they raise interest rates are going to collapse the market,
when that happens,
when the next recession occurs,
they're only move is to print more money.
And that leads to the great devaluation,
which really said,
listen,
If interest rates are at zero And the Fed
needs to lower interest rates,
500 basis points or 5% to offset a
recession,
How do you take 5% from zero.
Um,
And effectively,
what happened when the,
you know,
the coronavirus happened in March and markets collapsed?
The Fed,
you know,
changed lowered interest rates from what was a Fed funds rate of
1.75% to 0.
And then double the balance sheet took us from,
you know,
four trillion two.
Now we're close to $8 trillion.
So that prediction was spot on.
I think in fact that's why the book was so well received.
And really what,
you know,
drove a lot of attention to us is I was saying the Fed's balance sheet
is going to continue to expand.
I did a presentation uh in uh
january uh a year ago and that presentation was
called The Great Devaluation.
It was based on the book I just submitted to Wiley,
our publisher.
And that was the conclusion that we are about to face a recession.
And when we do,
the Fed is going to do what it's saying,
it won't,
which is dramatically expand the balance sheet.
It's exactly what's occurred,
what's it mean?
Let me ask this,
what does it mean to radically expand the balance sheet?
What are they putting on that balance sheet?
Yeah.
You know,
it's I'm so glad you asked the question because it really leads into the most
recent information that I'm so excited about and something we'll get
into the balance sheet of the Federal Reserve Prior
to the housing,
uh you know,
collapse in 2008 was something that was not a tool for the
Federal Reserve,
it was just something that was the gradual expansion of the money supply.
Um and they were expanding the balance sheet at roughly 2% a year
Uh in 2008,
the balance sheet,
we had $750 billion dollars of assets on the
balance sheet.
Today,
we have $7.6 trillion,
so they've expanded the money supply 10x.
The balance sheet has grown 10 x in the last 12,
13 years.
And it's the impact of that balance sheet and how that
impacts the world that I think is the real critical,
you know,
next step to understanding,
you know,
okay,
what do we think comes next?
So now,
as you're laying this out,
and you see that,
where we've had these conversations in a pre covid world,
and it was already challenging,
you're looking at the circumstances,
and of course,
you you made very persuasive uh,
arguments around why precious metals,
why gold over.
You certainly persuaded me and I went ahead and invested through you.
So thank you and I'm very happy with that investment now.
Um,
we're seeing a circumstance where we are shutting down
businesses were having a very adverse impact on the middle class.
Um,
we're seeing the wealth gap expand,
we're seeing now trillions of additional dollars of debt,
you know,
being accumulated to try to govern the situation,
uh civil unrest,
um you know,
there's there's,
there's a real powder keg here,
which is now causing people to basically say,
things could turn fairly bad.
And I'd say,
let's try to scare anybody.
It's just literally,
we're actually looking at the circumstance and I need to prepare and there's multiple
dimensions of preparation,
but one of the key ones is your finances.
How do you get your financial house in order to prepare and hedge
against,
you know,
something kind of bad happening in the economy that that we can't
even predict right now.
So what you're,
so how does gold,
or precious metals fit into that?
Well,
I'll answer the question that you asked without touching on the gold part in the first part of
the answer.
Okay,
we have to realize is that we are in a dollar based
world and everything is measured in
dollars.
So,
uh,
the Federal Reserve,
just dramatically expanding the money supply is
actually devaluing our dollars and everything is
measured in dollars.
In fact,
are,
you know,
the momentum of the markets is fed,
puts in liquidity stocks,
and bonds go higher.
And that's really what has happened.
Okay.
We we've been living in this massive dump of liquidity,
but what's really taking place is that our dollar is devaluing
and the goal of the Federal Reserve.
And I think this is really the critical place we are at.
See we've had a Federal Reserve that over the last decade,
their main objective was to prop up financial assets.
Okay?
We had a housing collapse,
markets,
you know,
seized,
we were trying to prop up financial assets and the way that we did,
that was we lowered interest rates to zero,
we expanded the money supply and that worked.
And that agenda has been met.
You know,
the Dow Jones was close to 7000 points.
When this began,
it's now,
you know,
33,000 points.
So mission accomplished for the Fed in propping up financial
assets.
But along that path,
they've created a bigger problem.
We now have the biggest disparity in wealth between the
wealthy and the many.
And the agenda of the Federal Reserve,
in my opinion,
has changed their goal no longer is to prop up financial
assets.
Their goal now is to redistribute wealth and
ultimately what the book was about.
And then of course,
you know,
we did a big thing with you guys for our gradually and suddenly um
you know report and bundle um this is not new
and I think that's really the point that I was trying to make with all currencies go
through this cycle.
You know the reserve currency status that we enjoy is
something that typically lasts about 90 years.
And if you go back through the last 500 years,
you've got Portugal,
England,
the United States,
We became the de facto currency of the world about 95 years ago
and it always starts off typically the reserve
currency begins because of a war and a new power has been established.
So you know the beginning of a currency is usually about
strength,
the middle of a currency is about this financial ization and the end of a currency
is about inflating away the debt and this is
consistent and what happens over every currency And that's the
stage we're in right now is the Federal
Reserve.
The only way to continue to go further into debt is to
inflate it away.
And so I believe the markets aren't going to like look like they have where they
collapse.
It's going to be a gradual erosion of the value of the currency.
And one of the ways to protect against that gradual erosion is to own
physical gold.
In fact,
it's probably the best,
most tried and true way.
Can you make a distinction just in case somebody does understand when you could use a physical gold
versus what?
Well it leads into.
And it's a great question.
Um you know,
it leads into what the balance sheet really means of
the Federal Reserve.
Okay.
And if you can think about this in the following way,
I think it will bring us to some of the conclusions I've come to
look investing is really a miss finding a mismatch between price and
value.
Okay.
Um that's all investing it.
Uh there's mismatches that are about today's price and
value and then there's a future looking mismatch between what the price is today and
what we expect.
It could be down the road,
right?
Um I believe that the mismatch between where gold is priced and where it should be
valued,
our is vast.
I think gold should be $2400 today.
I believe that it will be $5,000 announced within the next 4-5
years and I think it's likely going to be $10,000 announced within the next decade
before the end of this decade.
And the way I can really put a model
to,
that is the thing that I'm most excited about,
like the transition moment we're in right now,
Patrick.
Um So I think if I talk about the balance sheet,
it will then lead to the why physical gold is so
critical to our future.
So let's let's do that and have a follow up question.
But first let's go ahead and talk about the balance sheet and what physical gold is
versus people say,
well I've invested in gold,
but it might not be physical gold,
it's something else.
What is that?
Something else?
Okay,
once you decide where you want to go,
I want to go to Mexico.
All right,
then I just need to decide the best way to get there.
Do I want to walk?
So I want to take a plane.
Do I want to take a train?
Like a bus,
drive a car?
Um Physical gold is one way to get where
you're going.
Um It's not the only way,
I mean for most people uh they're buying an E.
T.
F.
Or some paper mining stock.
Um And for me because I have a different
goal because we're not talking to traders who are looking to make
money in the moment,
We're looking to people who are trying to preserve and protect and grow their
wealth.
You know,
our businesses targeted towards retirees with retirement accounts as you know,
So we're not looking at,
you know 25 year old people who have no money and trying to take $1,000 and turn it
into 50,000.
We're talking to people who have,
you know,
established their nest egg and want to grow it and preserve it the best
way.
And you know,
I don't know how to determine,
you know how to advise people in the short term,
but I'm quite certain physical metals are the best long term strategy.
And we have a tool on,
you know,
on our platform that allows people to measure paper assets in
gold,
paper investments versus physical,
just the spot price of physical metals and physicals dramatically
outperformed the paper assets over time.
So,
you know,
if you are someone who is looking down the road 57
10 years,
which frankly all of us should be,
see,
we forget that our investing is something for the
future.
And I think what happens in these,
you know,
these times where we see this massive dump of liquidity is we all lose
sense and there is no more investing.
It's now all just risk on and gambling and
gambling can be fun,
especially when the tables hot,
but it's risky,
right?
So physical gold,
something tangible that you can hold onto that.
You have a perspective on where its value will be down the road and why
uh to me seems like the best strategy if you're a long term
investor,
as you know,
you know,
I'm putting virtually every investable dollar I have into physical
goal.
Gold staying at these levels for me is just a greater
mismatch and a bigger opportunity and I think I can share with
you a brief synopsis as to why I'm so certain about it.
Um and it's the thing I'm most excited about talking to people about right
now that's changed,
look let's take a step back before we take a step forward.
Um The Federal Reserve system was designed by J.
P.
Morgan.
Okay JP Morgan bailed out the United States in
1894.
He then had to bail out the us again in 1907,
2 major financial collapses.
And in the course of bailing out our country,
he realized that he didn't want to be the lender of last resort anymore.
And he spent uh you know,
nearly a decade planning secretly planning how the
Federal Reserve would work.
And the Federal Reserve has a balance sheet.
And it was critical for jp morgan that the balance sheet be the
following.
For every $100 in circulation,
we needed to have a 40% gold back.
Okay.
And if you think about assets,
liabilities and then equity for every $100 of assets,
we needed $40 of equity which gave us $60 of liability.
Okay.
Pretty basic stuff.
Um And from that balance sheet,
the reason he wanted it to be that way is if there was a
financial downturn,
if he needed to collect dollars,
he wanted to make sure it was real money that wasn't deluded.
So the mandate was that you can never,
a central bank can never become leveraged.
Okay,
um today We have assets on the balance
sheet of $7.6 trillion.
Okay.
We have liabilities of
$7.596 trillion.
An equity of 40 billion.
The leverage ratio on the Federal Reserve isn't 1.5 X.
Like the original design,
it's now 194 X.
It means that for every $100 in
circulation,
we actually have 52 cents of equity.
Yeah.
And here is the balance sheet problem for the Fed,
and then I'm gonna give you the secret that I think really gold plays into.
We know that the Fed is printing $120 billion dollars a month.
Right?
And as the Fed expands the
assets,
we're also creating a liability because we have to print the money to buy the
bonds and so assets and liabilities are continuing to go higher at the same
time.
This has occurred over the last,
you know,
20 years as we've taken the balance sheet,
you know what was 500 billion to now,
7.6 trillion assets.
And liabilities have continued to increase at the same pace And
our equity has remained flat at around 40 billion,
especially over the last seven years.
So as you can see if the equity stays the same and the
assets continue and liabilities continued to expand Well,
the leverage ratio is going to continue to grow and
it brings us back to what a balance sheet really is meant to tell us
to balance sheet is simply a way to identify the credit
worthiness of an entity.
You and I Patrick as individuals,
we have credit scores right,
That credit score tells a lender how good a credit risk
we are,
the better our score,
the better the risk.
It's not a guarantee that we will make our future payments.
It's just a way to determine the risk.
A balance sheet for a corporation is the same way is the corporation
over leveraged?
And the balance sheet for the Fed indicates the exact same thing I
see.
Is there too much debt or leverage taken on?
How at risk is the entity?
Well,
the entity of the balance sheet for the Fed doesn't represent a shareholder like a
stock?
Does the shareholder in,
in the Fed is anyone who is using the dollar?
And so we're all shareholders in the Fed's balance sheet.
The dollars we hold,
our that shareholder value.
And ultimately,
it's that uh dollar,
that's at risk of ongoing devaluation and
as the assets and liabilities continued to grow.
If we just print more and more and more money,
well,
the leverage ratio,
which is the simple way that,
you know,
many analysts judge a stock or a bond or
individual.
We're going to be more and more at risk.
And that Math is the problem for the Fed.
So how do you raises a question?
Right.
And the question really is okay,
well how do we get out of this spiral?
Because we know,
and this was really the conclusion of,
you know,
the big great evaluation that went viral
is we know,
the Fed has to expand the balance sheet and they're going to continue doing that.
In fact every time your own power comes on TV he keeps saying how
uh the economy is not in a place,
we're gonna keep printing $120 billion dollars a month.
So the assets and liabilities are on autopilot.
And if you just do the math,
120 month is about 1.5 trillion a year.
By the end of 2025 we're gonna be $14.5 trillion uh,
in on the balance sheet.
And if the equity continues to stay the same,
the leverage ratio is going to go from 194 to like 395.
Okay.
Um,
and that will mean we have $26 for every $100 of
equity.
So the question is though,
because you said,
how do we get out of it?
I think the first question is,
can you get out of it?
Well,
if you look at it from a balance sheet perspective,
this is math.
Okay.
And there's really,
uh,
you know,
a couple of ways that this works,
we need either to bring the liabilities down
okay.
Which would mean contracting the money supply.
It would mean probably uh,
you know,
causing markets to collapse in order to bring down our
risk,
right?
Or we can bring the equity side higher.
Okay.
And so how do you,
when when,
when the assets that are held are 99% bonds?
What makes a bond go higher in value?
What makes that equity increase?
Interest?
Well,
yeah,
exactly.
Right.
When interest rates,
That's exactly right,
Patrick,
we know that when interest rates go down,
bond values go higher.
So one way to keep the dollar from getting too
far out at risk is to have interest rates that go
continue to go lower.
Mm.
Well,
we have interest rates zero.
The Fed is not likely to go to negative rates.
And the reason is if they put out a negative rate,
no one's going to keep their money in the bank anymore.
Okay.
If you if the bank charges a negative 2% to keep your money there,
your 100,000 is going to be worth 98,000 in a year.
You're not going to keep your money in the banking system.
And so that's not a tool that they're going to use.
So the way that they get there is through
devaluing the currency and it's really
where gold fits in and why I believe you're about to
see gold really moved dramatically higher from here.
So I think these levels are you know,
a fantastic mismatch between price and value.
See on the balance sheet of the Fed,
there is a secret that is hiding in plain sight.
The Fed has uh 80 100 and change
tons of physical gold that we hold on the balance
sheet.
That physical gold is priced at $42 an ounce.
Why I mean,
you know,
it's not marked the market,
it's just sitting there so that so that would mean that their assets are much greater than what they're
letting on.
Uh in fact,
if you were,
that's exactly right Patrick,
if you were to mark gold to the market price,
you would have a additional 500 billion in
assets without increasing the liabilities.
And this is really the key to gold gold.
Physical gold is an asset.
It's not a liability.
It's why every central bank in the world holds it.
It's why every central Bank of the United States has been acquiring it.
Okay,
that physical gold is no one else is liability.
There's no third party that needs to perform.
Physical gold is a tangible element.
And so the gold that we hold is actually
dramatically undervalued on the balance sheet.
And what we did was we created a true
leverage ratio model for the Fed.
And that true leverage ratio model ghosts and puts in the price of
gold over the last 25 years,
so we can get a much better understanding of the true leverage when you
factor in the collateral of gold.
So it's not so,
I mean,
in essence it's not nearly as bad as it looks because the assets are being
held.
Uh you know,
show that the Fed is not as over leveraged as one might have thought.
Uh So I I guess in a sense that might be good news,
but the continued devaluation of the dollar.
So do you think that their plan is that they're gonna basically devalue the
dollar,
but increase the value of their their asset based by
suddenly marking it to market?
Or what do you think the play is going to be?
Well,
it's a great question.
Um,
So let's start with just looking at the balance sheet,
and what is c the market will determine
how gradually or suddenly this occurs.
Okay,
Right now,
we're at tremendous risk to interest rates that rise
higher.
And that's really the risk to any over leveraged entity.
See if you become over leveraged your risk,
is that interest rates rise,
You can't make your payments,
you become insolvent and you have a bankruptcy or restructuring.
Yeah.
So,
the risk to the dollar right now is that interest rates would rise
dramatically,
and that would cause,
uh,
you know,
the over leveraging that we have to be a massive problem
right now.
I think the feds painted in the corner,
they can't raise interest rates without catastrophic,
you know,
results,
right.
I mean,
they're kind of stuck.
If they did raise interest rates,
there's going to be,
you know,
all sort of calamity,
right?
That wants to do because of,
you know,
it was the cost of the service,
the debt today.
And I remember talking to,
you know,
an economist about this who So I'm not concerned about the national debt.
You know,
the debt services only you have to get that time,
600 billion a year,
Blah Blah Blah.
I said,
what happens if interest rates go up?
Because that would be a problem.
So,
so now you might there be uh,
you know,
do you conceive of interest rates having to go up?
I mean,
that their left no choice.
So it really leads to the regime change at the Federal
Reserve and why I think it's critical to for investors to
understand their new purpose.
Okay.
See the regime at the Federal Reserve understands this.
They need a the inflation rate to be
higher than the 30-year Treasury,
which is the long bond.
Okay.
Because as long as inflation is higher than the yield we have to pay,
we can inflate away the debt.
And the problem for the Fed on that rate is well,
the market determines the long bond rate.
Yeah.
Okay.
And what's happened is the 30-year Treasury has continued to
rise.
Interest rates continue to rise.
It's put pressure on the markets and we're in a stuck position.
If the market determines that we need interest rates,
uh that we have inflation and we need a higher
yield to by the government debt.
Well,
that's a problem.
How do you keep going further into debt if interest rates horizon?
And I think the solution and why for the first time
ever,
the Fed actually wants and needs a higher gold price.
And this is what when we look at the true leverage ratio model
that we've created explains and I'll just give you a quick
snapshots in time From 1996 through
2014.
The true leverage ratio on the Fed stayed pretty flat and
around 5.5 X.
C.
Gold prices that rise actually kept that leverage ratio
that that balance sheet risk pretty level.
And so in gold rising actually d risks the
dollar because we have all of the gold as collateral.
I mean an easy way to think about it is let's say you have to borrow to
make to pay your bills.
Okay and every single month Patrick,
you're putting money on your credit card,
you're borrowing money but you have a painting and that painting keeps going up in
value.
You can keep borrowing against the collateral of that painting
indefinitely.
And so it's the collateral of gold and the gold value
going higher.
That really kept the risks to the dollar stable Mm.
And then in 2014 we saw a shift we saw the
leverage ratio jumped from about 5.5 X.
2 11 X.
And then it stated 11 x over the from 2014 to 2020.
Um and what we've seen since the uh you know,
the pandemic began and the Fed doubled the balance sheet,
gold has not risen in exact unison to it.
So the leverage ratio is shot through the roof,
it's now 14.2 x.
And so my conclusion about how do we determine the
future value?
How we determine the present value of something is really the key
to how to think about gold prices long term.
And there's three ways that one can do that.
That as we look at you're gonna love to you know,
model out and I think what the leverage ratio model we built really
helps explain.
So let me ask this and then you know,
I want you to get into,
maybe there's three ways,
but here's the thing that I'm perplexed about now that you might be able
to answer or clarify for me demand for
gold.
So now we're in this covid world and um and what do people do when they
get nervous?
Uh they run to gold there under precious metals but probably especially gold right?
That that they're they're they feel that that's hedge against bad things
happening.
Uh Maybe they're seeing your way too,
that's a good investment because if the value of the dollar is continuing devalued the price of
gold rises and that you don't wanna be in cash.
If the dollars devaluing right,
you want to be in gold or some an asset that's going to go up relative to the dollar.
And right now from the people I speak to trying to
purchase physical gold is very difficult.
Meeting the demand seems to be outpacing the supply,
the current supply,
but I'm not seeing that much movement in the price at least relative
to the supply and the demand.
So is this thing kind of like a rubber band that's being pulled back and then so that's going to let go and go or how
do you see it?
Well,
the first thing you have to recognize is that the price doesn't represent the demand.
Okay.
Um And when you're looking at the gold market,
it's it's interesting um we all watched this
uh Wall Street bets situation with Melvin
Capital and Gamestop,
right?
Um It's a good way to explain gold.
See I'm not allowed to sure to stock.
I don't own.
Okay,
you have to own the stock in order to short it.
And what the Wall Street bets guys figured out in pretty simple order
was there were more shorts than existed stock,
which is really not supposed to happen.
And so the conclusion was as if the
stock continues higher.
As people who have shorted the stock are forced to what's called cover.
There won't be enough stock to cover.
And the stock can explode to the moon.
And you've seen those memes with the rocket ships to the moon.
Okay.
Gold,
the gold market,
the bullion banks.
The central banks don't need to own the gold to short it.
I can right now go in short precious metals.
Short gold,
I can short silver.
Uh JP Morgan by the way,
paid a $980 million dollar fine.
okay for shorting or manipulating the silver markets.
This was just,
you know,
six months,
seven months ago.
So they're naked shorting of metals,
keeps a lid on the price.
And it's a trade.
The reality is the demand for physical gold.
And I'm seeing it because that's the one of the benefits I get from being
a gold dealer has never been higher.
In fact,
you know,
I made a really big trade because I'm watching firsthand how we are having a
difficult time sourcing some metals because the demand is so high and yet the
price wasn't moving.
And to me,
it's a mismatch and created a big opportunity I put on a big trade last
year and it's still there.
Okay.
The market works,
you know,
lives in the moment.
And so as people chase the moment,
uh,
you know,
the trade in the short term has gotten better.
If you're a long term investor,
the prices actually come down,
but it's not indicative of demand,
and it's certainly not indicative of supply.
Okay,
And when you start to factor in supply and demand into this market,
the first thing you realize is,
listen,
if this was a market built on supply and demand,
gold would be dramatically higher.
If this was a market that was judging relative value,
like,
you know,
a gold s.
p.
is a great relatively to measure gold.
Just take the gold price divided by the s.
p.
The numbers should be close to one,
So either gold should be $4,000 an ounce.
I actually think the the S.
And P.
500 should be probably closer to 2400,
which would be gold's $24 multiple ways to value gold.
But ultimately,
we have to recognize that the gold price is not indicative of supply or
demand.
It's a market that is driven by traders who don't have to own
the goal that they're shorting.
That makes sense.
Yeah,
it doesn't,
it's kind of fast,
because I think eventually supplying demand has got to come,
and,
you know,
it's got to make its way into the market.
Uh You know,
that's the that's like a law of economics,
right?
That's a theory.
It's a law.
And and so,
but what you're saying is the supply and demand outcomes are
manipulated through naked shorts,
and and other such things that could have an impact.
But I guess my interpretation is at some point,
this is gonna uh equally great,
you know,
at some point,
this price has got to go up to really reflect the true
demand and supply of gold in the marketplace.
Is that,
do you see it that way?
1000%.
In fact,
It has already done that.
Gold was $250 an ounce 20 years ago.
Okay.
It's 1750 today.
And that's really the benefit of looking at things over time.
Patrick.
Okay.
It's already happened.
The gold price has reflected these issues.
It's gone up seven times in 20 years.
The Dow Jones was at 11,000 points 20 years ago.
It's at 33,000 today.
It's going up three times.
And so where,
where this all really kind of like starts with is we as a,
as a world have somehow gotten to the idea that
gold is a doomsday asset that only works when everything else doesn't.
Okay.
And it's worked that way when we've had market selloffs,
a gold has been the best state haven when people are de risking.
So there's a reason for that insurance policy,
but it's also dramatically been a better bet than stocks over
that period of time,
outperforming the index.
It's been so far better investment than bonds,
dramatically outperforming them.
And right now that mismatch has never been greater.
And yeah,
I think it's really the difference between,
are you an investor,
are you gambling in the moment if you think the market is sending
signals for the future price of the market,
you don't understand the market.
The market is sending a signal of what's happening today.
And in fact,
the signals today have never been faster or more rapid.
And it's really why we're in such a risky position right now.
I mean,
it's interesting somehow the timing of when we release information
and the pacing of that,
it always ties with some big event.
Okay.
Um,
we watched today as the market sold off dramatically
because the biden administration is announcing announcing a wealth tax.
Okay,
politically,
I can paint a future for you that I think will blow your mind and once you
accept that political future and then the reality of what that means,
you're probably gonna want to buy a whole lot more physical gold than you own right now.
Um,
and you know that when you think about where we're headed in the future
rather than what's happening today in the moment,
this mismatch is the easiest thing in the world to identify.
And then you don't buy gold for fear.
Then you buy gold for greed.
And that's how I'm buying gold.
I am eagerly buying gold every month.
I love it.
That it is not exploded because it just gives me an opportunity to buy more.
And you know,
would you like to hear some of the future that's coming this year?
Sure,
go ahead.
The,
you know,
one of the big macro calls was that we were going
to switch from a monetary stimulus world to
a fiscal stimulus world,
explain the difference please.
Sure,
monetary is when the central bank manipulates interest rates and prints money,
the central bank is not allowed to spend their allowed to lend.
Okay,
fiscal is the treasury and the government expenditures.
And we're passing the baton from a
monetary stimulus to a fiscal stimulus,
direct payments to every single person in the country,
pause in student debt payments,
a raise of the um,
you know,
minimum wage,
a resetting on student debt,
long term these fiscal stimulative packages,
a infrastructure package where we dramatically spend,
Okay,
monetary stimulus is great for financial assets.
Fiscal stimulus is great for tangible assets,
gold,
silver and commodities.
And this transition is happening as we speak,
gold's dramatically outperforming the market,
commodities are booming and this is what the Fed now
wants because when you switch from monetary to
fiscal,
you transfer the wealth from the wealthy to the masses and it's done through
inflation.
Yeah,
that's the general summary of that.
And I laid that out in detail in the gradually and
suddenly,
uh you know,
report,
I did a whole documentary on it,
we did animation models on it that anyone who wants to see can take a look
at.
But it really tells that story.
Um and so we predicted the blue wave,
we predicted Georgia going blue.
This is when everyone was saying trump was going to be elected,
We predicted back in January of 2020 that this shift was
taking place.
This mindset shift was happening.
And This is what I'm looking at politically,
that we should all be thinking about what's coming on the fiscal side in the
coming,
you know,
9-12 months.
We know that the House and Senate are 50 50 right now,
correct.
Kamala Harris is the deciding vote on the
majority.
Okay.
A 51 50 now gets things pushed through.
Well,
when it comes to our budget,
we need a 60% majority to make big
changes Unless it's done through something called
reconciliation.
Reconciliation is a rule that allows it just to be a 51 50
majority.
They passed the last stimulus package through reconciliation.
They're going to pass the next infrastructure package through
reconciliation.
And the thing about reconciliation is has to be tied to a budget
year.
So the last stimulus package was tied to the 2021 budget.
The next reconciliation has to be tied to the 2022
budget or at least that's what it was.
Until a few weeks ago.
They they passed a rule change that allows them to
retroactively pass more
reconciliation through the last budget.
So we're already going to increase our expenditures through
reconciliation on the budget,
that's been passed.
And then here's what's coming in Q4,
we are going to pass a massive infrastructure package
through reconciliation is my prediction and that
reconciliation package will come for one main reason
in the midterms over the last 100 years,
The Majority Party,
the incumbent party,
which is now the Democrats have lost an average of 22 seats in
the house Over the last 100 years Trump,
lost 32 seats in the house during his midterms.
And I think the simple answer to that is people expect a whole lot of good things
and if they don't happen,
they quickly move back and they see the grass isn't always greener and that's why the
house typically loses 22 seats every midterm.
Mhm.
Well,
there's only a seven seat majority in the House today.
So if we,
uh,
you know,
if this average math continues to play out,
you're gonna see the Republicans win the house take back the
house in 2022.
Which means by the way,
there's not one democrat that doesn't know this math.
It means they have to get as much past as they can through
reconciliation this year so that they can pump as much
momentum into the economy so that all of that momentum gets
felt and we go into the midterms with everyone thinking
things are great.
And the way we get there is we're going to continue to explode the debt.
And now you've got the Federal Reserve in cahoots with the Treasury to make sure that
occurs.
They're not raising interest rates,
they're going to keep pumping money into the system.
And the reality is this is all coming.
So as I see it,
I could be wrong.
And if the,
if the democrats,
you know,
don't get this done and they do lose the midterms,
well,
the whole biden,
you know,
new deal,
Green,
new deal agenda is going to have a big giant derailment
and we'll see what occurs then,
Right?
So let me summarize here because you said a lot,
right?
And,
uh,
but the,
this is not,
you don't gain understanding through sound bites,
right?
And we're talking about people's money here.
We're talking about,
you know,
financial viability in your future in a world that I think is more uncertain
than it has been for either for a very long time or maybe ever,
uh,
you know.
Yes.
You know,
we've we've seen world wars,
we've seen upheavals,
we've seen things.
But this particular scenario that we're in now is
startling.
We're seeing censorship.
We're seeing,
um,
you know,
tyranny in the sense of,
uh,
you know,
I think a unholy alliance between Silicon Valley,
big pharma,
the government,
the things that they're driving not through democratic or due process,
but through edict.
Um,
and we're also seeing what I think is,
uh,
an incomprehensible,
uh,
financial policy that is not in favor of hard working people
who,
you know,
who make a living and pay their taxes,
but literally,
uh,
you're creating a wealth divide.
And it's it's it's,
to me completely irresponsible.
We're seeing,
uh,
you know,
a lot of other people in our cities.
So there's all these things going on,
which is why we looked at all this and said,
we need to make this series and have this conversation.
So in summarizing,
you know,
you said,
I think that there is no debate that the dollar is getting
devalued.
So probably the worst thing is just to keep all your assets in cash.
I mean to me the market feels like a bubble,
right?
Um and you've made arguments and you know,
I think compelling arguments in other interviews we've had,
you know,
as to why that market is a bubble.
Um the uh you know,
there's uncertainty and the market never loves uncertainty and you know,
it doesn't take but a couple of little cliques for something to bring that market
down.
Um uh they're now talking about wealth taxes and other such things.
So we start to see this whole thing sort of emerging here
and now for people who are out there who have some resource,
some money,
some savings,
some retirement That they're saying,
Hey,
my entire mint could be decimated by devaluing the dollar.
You know,
I had,
you know,
this is the thing I saw that it was probably the movie and I said boy they really address this
where a person saying,
you know,
I worked 40 years of my life paying into social security and I paid all those
dollars in and they're worth so much more than what they're giving me back.
And that's the way they inflate their way out of debt right there,
giving you back,
dollars are worth a lot less than what you put in.
So what,
what is a person to do?
And I think this is the great argument for for
physical gold has to be,
you know,
at least a part of if not a majority of what you're gonna uh
invest in to try to secure your financial future.
So is that a reasonable summary?
Yeah.
I actually think you started the interview with the way to be thinking
about it down the road.
See,
you said this is a check.
I I believe this is all a chess match,
okay.
And a master chess player is thinking,
you know,
many moves ahead,
right.
Ultimately,
I believe that it's checkmate for the Fed and it's one of those deals where,
you know,
when when a master chess player makes a move he knows,
Okay.
It's now 12 moves checkmate.
It's just a matter of time before I get to the place where this is a done deal and
it's a certainty.
So part of the benefit of understanding what comes in the
future is the Federal Reserve keeps making moves to
try and offset their problems.
And so you want to be thinking about,
what are the future moves they're going to make,
and then how does gold fit into that?
My easiest conclusion,
Patrick,
is the Federal Reserve wants a higher gold price.
They need a higher gold price and they know it and you don't want to fight the
Fed.
In fact,
that's the best investment strategy can have.
And it made a whole lot of sense to own equities,
to own financial assets when the Feds goal was to prop up financial assets.
But their goal now is to transfer the wealth from the
few to the many.
And when you devalue dollars,
when you when your goal is inflation,
okay,
you're literally saying you want a higher gold price and that's their
agenda.
And believe me,
they're going to get it.
And so for me,
um,
you know,
it's you have choices when you where you put your money.
Um,
I don't like valuations that are at the highest they've ever been in human history.
I don't like buying bonds when interest rates pay nothing.
And I know inflation is going is on is the goal.
I want to own physical,
tangible real assets and I want to own them in a form that is
not at risk.
So I don't want to be on some platform where the cloud can start
raining and I lose my value overnight because of a hack.
Uh,
I don't want to be stuck because uh in assets that
are,
you know,
traded that way,
I need a asset that protects me from that devaluation that is also
different in form,
not paper,
but physical and tangible.
And I'll bet anyone that the stock market and gold if you had to put
$100,000 in each And you had to hold it there for the next
5-7 years,
physical gold dramatically outperforms the market.
And I've been saying that for the last couple of years,
I've been right,
and it's because I have a very strong perspective on the chest moves that the
Fed now is going to make in order to keep this thing going,
that makes me certain.
So the chess moves for the Fed,
you gotta be thinking,
you know,
what's their next move was their next move was their next move.
Ultimately,
they have to keep interest rates from rising.
You're going to see yield curve control.
You're not going to see them stop printing,
they're going to print more.
And ultimately,
I think it sets up really well for people who are long term investors looking to take a
position because it's a,
it's a pretty strong position to be in.
Well,
adam as always.
I love the trails that you've been going down and you're thinking.
Um,
and,
uh,
you have a great talent for being able to take what,
you know,
to a large extent complex economics and translated so that somebody like me can
understand them.
So,
uh,
I appreciate your passion around this.
And I know that you literally are driven by passion.
You know,
it's observable.
This isn't just some sort of a,
you know,
a mechanistic thing,
but you have an emotional passion behind all the stuff that you teach.
You love people seeing the light bulbs go on and people get it and understand it and lead them to higher
ground.
So I appreciate your purpose in life as well as your time here to
share with us and help us understand too.
Uh,
Patrick,
I really appreciate your time.
I appreciate you sharing this message.
Uh and the reality is these are um you know,
somewhat complex ideas.
Uh I think coming from the movie business has really helped me tell
stories in ways that people understand.
Um and you know,
look what's nice about what we've done is you can go and access
this story,
it's why the publishing firm is really,
you know,
exploded,
where our subscribers have really gotten tremendous value from
understanding it.
And when I do these things,
it's literally done with visuals that are right on the screen with me so that you
can see what I'm talking about and it really crystallizes.
So,
you know,
I love being here,
I love you know what you do,
I think what you do is incredibly important,
especially now.
And uh yeah,
we we just want to add massive value wherever we are and
happy to continue helping anyone out is looking for this information and understanding the
story,
um,
you know,
simply,
uh,
you know,
gold is better way dot com and uh,
and you can find it a lot right there.
Perfect.
Thank you so much Adam.
I really appreciate it.
Yeah,
thank you Patrick.
I think you'll agree with me.
That was a very compelling interview with Adam Burrata.
He studies this stuff day and night,
and what I love about Adam is he finds effective ways to communicate what he
learns.
So,
thank you for being here.
I was really excited to be able to share that information with you.
One of the most disconcerting things for me that's happening the world right now is the
tyranny,
the censorship and the increasing federal controls
that are happening in our country,
the United States and in the world at large.
There's ominous parallels to what's happening today and what we've seen in the
past in some pretty dark parts of human history.
Mary Holland is an attorney and she's got a unique point of view because she spent a good
amount of time in the USSR and soviet Russia.
She understands what these type of totalitarian regimes
act like and how these things unfold,
and also understands what it means when people try to take away individual
rights when human rights are being trampled and the implications of that.
She is the general counsel for Children's Health Defense,
an organization,
a non profit that was founded by robert F Kennedy Jr.
It's also an organization that I personally support out of my own pocket,
because I believe in the work that they're doing.
She is someone that is standing up for the rights of individuals and
health freedom,
and it's something that is becoming more and more critical in the world today.
I didn't know exactly where we go in our conversation before it started,
but man,
once we got into it,
it took us to places that I wasn't expecting that was stimulating and at the same
time cautionary.
So enjoy my interview with mary,
Holland mary,
Thanks for taking the time.
This is an important conversation,
we've had several over the years,
but this is I think a really important one,
so I appreciate you sharing your legal expertise with us.
Thanks for having me.
Can we start with just a little bit with your background?
Like uh how did you get to be doing the kind of work you're doing today?
Sure.
Um a really important experience for me was as a kid,
I got to live in the soviet union for a year and uh you know,
that was a communist country,
I'm the child of two physicians,
um sort of giving me a lifelong interest in health and medicine.
And uh as a teenager I actually had the occasion through my parents worked to
live in the U.
S.
R.
I lived in Moscow USSR and I attended a soviet school and I
developed this very deep interest in Russia and it was an amazing,
wonderful country,
but it was it was a very repressive government,
it was a communist government.
And uh so out of college I became very deeply involved
in human rights in the USSR,
the former USSR in Russia,
I went to law school and that was my passion.
I studied soviet and Russian law and then I clerked for a federal judge in the United
States,
but then I worked for a human rights organization and that was my passion.
And while I was living in Russia,
working as a lawyer with then an american law firm,
I had my first child.
And um when I moved back to the United States at the end of the 1990s,
my child regressed into autism and I couldn't quite figure out what had happened.
And then I did the deep time on vaccines and health freedom and
vaccines became my second passion.
But sad to say Patrick there now very interrelated as through
the sort of the prism of vaccines,
we are really looking at a future that is either fascism,
communism or calm.
You know,
fascism.
That's really where we are.
And I think the topic that you wanted to discuss today.
Yeah.
And it's interesting exactly that that intersection kind of formed in your life
uh to perfectly prepare you for being able to speak to what's going on in the world right
now.
Well,
it's really interesting,
Patrick,
because I did attend the soviet school,
so I saw what real propaganda censorship fear feels like it looks
like as a child as a teenager.
Uh and I see that happening here today,
and so it feels very familiar when you were an activist
coming back or in the soviet union,
the USSR,
which is now called Russia.
But uh when you started your activism,
did you ever anticipate that we'd be seeing these sort of ominous
parallels going on in the United States today,
Patrick,
I didn't I worked with dissidents,
I worked with some of the leading activists to
transform the soviet union.
And the good news is is I lived through the end of that system that
the people they're never thought could end,
they did not see it coming.
So the good news for me is I know these systems that look big and
ferocious and terrible and omnipotent,
they're not they're actually very fragile when they have to rely on that illusion.
They're actually very,
very fragile.
But no,
I never thought I would see the kind of censorship we're living through.
I never thought I'd see the kind of spying on your neighbor,
the kind of atomization,
the kinds of restrictions on freedom of conscience and freedom of assembly.
I never thought I would see this in the United States.
And frankly,
I'm horrified and you know,
there's a lot for us to do so in many respects,
you know,
when I watch,
which I can't stomach very often anymore,
any mainstream media.
And you know,
the way that they portray things,
uh,
you know,
some people say,
oh,
they're overblown.
Some people say that's under blown.
You know,
but you know,
I am personally experiencing and seeing the censorship,
We are certainly you see um sort of this extraordinary
overreach.
Uh you know that's tyrannical in its nature based on you know a
public health emergency which seems to be you know uh well
you know we could say it's debatable in my mind signing debatable that you know it's there's there's no real
emergency.
And then you know,
beyond that as you start describing some of these other edicts that we see coming down and
changes that are being made.
So can you,
from your view maybe make a list of what you think the
biggest affronts are right now to our civil
liberties and how severe they are meaning you are.
Are people exaggerating this or no,
this is a real serious thing that's happening and what it means to us as individual
citizens?
Yeah I want to read a quote from Justice
Alito 15 years on the US.
Supreme Court from a speech he gave in November.
And um he he was asked to talk about the current crisis
and the rule of law and he said um the pandemic has
resulted in previously unimaginable restrictions on individual
liberty.
He went on to say it's an indisputable fact that we have never before seen
restrictions as severe,
extensive and prolonged as those experience for most of
2020.
And that was he said in november and it's now going well into 2021 we
don't really see the end in sight.
Patrick,
you know,
they talked about vaccinations as your ticket to freedom uh
and you're free,
you know under God and from natural law you don't need a vaccine
passport to be free.
But I think where the biggest restrictions um the First
Amendment is the First Amendment for important reasons,
write the Constitution couldn't be ratified by the 13 colonies without those
1st 10 Bill of Rights.
The 1st 10 amendments,
the Bill of Rights and the first one is,
you know,
no restrictions on free exercise of religion,
freedom of the press,
freedom of speech,
the right to petition the government for grievances,
uh,
the right to freedom of assembly.
All of those have come under extraordinary attack in a certain
way,
not probably quite as a legal matter,
but there has been this establishment of religion of vaccination is the
only ticket to freedom.
Um,
and,
you know,
establishment of religion is also prohibited by the First Amendment,
but there have also been assaults on the Fourth Amendment.
Search and seizure.
These tracking and tracing entities in the states and sponsored by the federal
government has been very serious.
And a lot of what's happening to my mind,
Patrick,
is it sort of bypassing the legal structures we have during this pandemic.
People weren't able to have jury trials,
people weren't able to get into courthouses.
And even before that,
we've seen these trends towards executive authority,
towards administrative authority,
away from legislatures,
away from ordinary citizens being elected to make important decisions.
And we've seen this sort of bypassing of the legal system through
these arbitration provisions in contracts.
You go on to target or whatever,
you go on to Costco and you check about,
Yeah,
I give up my right to a jury trial.
So in lots of ways,
some of these trends have been sort of,
you know,
occurring,
but the pandemic just blew them up frankly.
So what's what's interesting um,
in what's evolving or emerging right now Is the fact that
we're 50 different states and,
you know,
we certainly have a lot of federal um influence,
you know,
going on.
And the federal government seems to be uh basically,
in a guess,
an unholy alliance with our collaboration with Silicon Valley,
you know,
the tech platforms as well as the pharmaceutical industry etcetera.
Maybe we can talk about that a little bit,
but what we're seeing is the regulatory environment can bury
pretty significantly from a state like California to state like
florida,
where,
you know,
what they're doing.
You know,
what the mandates are,
what the shutdowns are or aren't etcetera,
uh barry from from one state to another.
Uh and I think we're gonna have data that's gonna tell the real story,
you know,
it's actually starting to now,
but you know,
uh again,
they try to accuse each other falsifying data now and what have you.
So what are your main concerns as far as
the federal overreach versus what individual states can do to try to retain some sense
of sovereignty in some sense of allowing their citizens to have the rights that they're,
you know,
the constitution guarantees?
Well,
the 1st 10 amendments were set out to protect against the federal government,
and then they've come over the 20th century to protect against state governments as well.
I think one of the great um guarantors of liberty at this point in the United
States is that so much authority is actually founded in the States,
and not at the federal government level.
I think that's allowed us to see these huge differences between what's going on in florida and what's
going on in California,
what's going on in new york and what's going on in texas.
I think we're the better off for that federation,
which many countries don't have to the same extent that we do.
Um but even,
you know,
at the federal level we see,
and at the state level,
we see these kind of executive orders.
We see this over reliance over more than a year to do things
as emergencies.
And,
you know,
Patrick,
this is an old trick.
If you want to do anything that is nasty and obnoxious and unpopular,
you do it under the aegis of an emergency.
And so,
for instance,
in new york where I live,
the legislature basically run by the same party as the governor.
They gave virtually unlimited control to the governor over a year
ago and they gave it to him for a year.
That is incredibly anti democratic.
And so this is what we're pushing against.
I also see this kind of deep entrenchment of these political parties.
You know,
I think we elect people to represent their constituents and to vote their
conscience.
I don't elect somebody to get on a colored team and do whatever the
leader of the team says.
And yet it seems like again in my state in new york,
you almost don't see any variation among how the democrats vote and the republicans vote.
What's that about?
I mean,
that's not a democracy,
that is just,
you know,
two parties going at it.
It's we really have lost sight of
how our founding fathers,
you know,
expected us to govern ourselves.
It seems that there is a growing polarization,
um there's certainly civil unrest uh going on in
several cities.
Um where can this lead?
I mean,
you know,
is there a real challenge to,
you know,
the rule of law being abandoned and us getting into a pretty degenerative situation?
I think the risk is real Patrick.
Um I think there are these polarizing forces.
I think there is unrest.
I think these lockdowns of course,
have created widespread poverty that didn't exist before.
Of course,
when the government is printing money as it has been for the last year soon enough,
it's likely that there will be some level of inflation that money becomes less valuable
because it there's so much of it around.
I think there's a lot of rest.
There's going to be debt traps,
right?
Pretty soon.
People are gonna be expected to pay their rents if you haven't paid your rent for a year because you're
unemployed,
How are you suddenly going to turn around and be able to pay your rent?
I think we can expect that there will be increased homelessness.
We know that a lot of medicine,
medical clinics and so forth have had to close because everything was oriented toward
covid schools,
teachers unions are saying,
we're not ready to go back.
I I heard someone tell me last week that a teacher in a union meeting
actually said,
well,
we're not going to go back to normal for five years.
Uh,
you know,
these things are just astonishing.
So is there a recipe for,
you know,
real unrest in this country?
Yeah,
I think there is.
I don't think it's inevitable,
but I think,
do we have sort of the,
the kindling wood to light a fire?
Yes,
I think it's increasing every day.
So,
what are you seeing is maybe some of the parallels between your experience in the
USSR,
the former soviet union and what we're seeing now and
what,
you know,
where the things that should have,
I guess,
should capture our attention the most.
Well,
you know,
as I've thought about it over this last year,
Patrick,
I think the three critical ingredients um,
that have to be in place to have a communist or fascist
society,
fascist being sort of where the corporations run the government,
communism,
where the government runs the corporations,
right?
There are essentially two different mirror images of one another.
The essential ingredients you have to have our propaganda.
The government has to tell you how to think there's got to be censorship of alternative
viewpoints and you've got to induce fear,
right?
And so when I lived in the soviet union as a teenager and then I went back,
I cement spent a semester in college and then I went back and worked as a young lawyer
after law school and a clerkship and things were changing.
They were sort of breaking out of those shackles,
but but the propaganda was everywhere,
the censorship was everywhere and the fear was everywhere,
there were militia on almost every corner.
Everybody had a story about the KGB,
Everybody knew somebody in the twenties and thirties who had been liquidated,
who had been part of a purge.
So there was palpable fear,
there was real fear like your job could be turned off,
you could be cancelled,
it was like the ultimate cancel culture,
right?
And so what have I seen here in the last year?
I I sort of jokingly refer to the new york times as Pravda because
it is the propaganda mouthpiece.
It is telling you what pharma and the government wants you to know on a daily basis.
How are they going to handle this problem in what's happening?
You know what is the narrative?
It is the new Pravda in the United States.
The censorship isn't direct Patrick,
it's happening through these vehicles like the new york times,
through facebook,
through amazon,
through google through our search engines through being d platform
robert Kennedy from instagram being put in jail on twitter.
You can't use your account for five more days until you have right think on your platform it's
happening through this quasi indirect way.
But Children's health defense where I were were litigating against facebook because facebook is
openly saying we're working with the C.
D.
C.
The Centers for Disease Control to give factual reliable up to date information about
vaccines and the C.
D.
C.
Is saying and the biden administration we're partnering with facebook so we're saying
no the government is violating our First Amendment rights because the government
through this Egypt of these social media platforms is censoring our
speech and the fear Patrick has been through this fear of the virus right?
So the fear hasn't been directly to date.
The fear of the spies,
the fear of the government.
But it has been this omnipresent fear of the virus which
has translated into the neighbors,
pointing at one another.
You're not wearing a mask,
you're not observing social distancing,
you're having guests over to your house and that's not allowed the sort of
atomization of society which is a byproduct of the fear which is essential to
this kind of of a new form of government that is all in place.
And remember this track and tracing this is aggressive stuff,
right?
If you don't report in,
if you don't get your test done and look at the fear around people going to get vaccines today,
they feel rightly like I may not be able to keep my job.
I may not be able to go visit my grandchildren.
I may not be able to get on an airplane so people start to preemptively obey
right?
People start to preemptively censor themselves or to do what the government they
know wants them to do.
Like go get your two doses of,
you know,
whatever Pfizer and be fully vaccinated.
It's chilling.
As you say this saying here are the elements,
you know,
propaganda fear.
And what was the third one?
Uh,
censorship?
Right.
And that's exactly we have that in full bloom as you just
cited.
I mean,
the censorship is very real.
The propaganda,
I mean,
we're we've experienced that firsthand.
The propaganda is absolutely
pervasive at this point.
Uh,
you know,
it's basically here's the propaganda,
here's the party line.
And if you're not on it,
you get censored,
you get canceled,
you get deleted.
And of course,
fear is the is the real pandemic.
You know,
spreading fear,
uh,
an effort to gain control.
Now,
you said something interesting about,
uh,
kind of the way that you make a distinction between fascism,
communism.
And did you say that fascism is,
uh,
is the corporations controlling government and vice versa for,
for communism,
because we sort of have this and it's,
I'm like,
hmm,
I wonder which is in the lead here,
because they seem to be in lockstep with each other.
I'm not sure which it is.
You know,
I think we're really approaching a new kind of hybrid,
which is that really the,
the elites that the billionaires club,
the World Economic Forum,
which is working so closely with the World Health Organization,
is working with the Communist Party of china.
I mean,
the supply chains for America's biggest corporations and global corporations
are in china and china's legal model.
Patrick is taken right from the soviet union.
So I have a feeling of visceral feeling for that model.
And um,
china,
you know,
has the chinese people who historically have been,
you know,
a remarkable people.
And so in china you have this kind of quasi communist,
you know,
fascist regime of corporations and the government being in lockstep.
And and really there is an effort by this billionaire's club and apparently by
Western governments around the world to create this kind of global model and they call
it stakeholder capitalism,
right?
That's the phrase from Klaus Schwab of the World Economic forum,
you know,
you can call it stakeholder capitalism.
To me it is a hybrid of communism and fascism.
Um it is one where the population is absolutely controlled,
24/7 cannot step out of line.
If they do,
their social credit score will be knocked down and they will not have privileges in
society.
And this is where the world is going right now,
and this is,
you know,
we have to stop that because once that system is in place of 24
7 control of every human,
which is the goal,
explicit goal of some of these,
you know,
billionaires.
Um,
it's going to be very,
very difficult to turn around.
Yeah,
I mean,
I always look and in a sense,
I look at communism,
fascism and really socialism,
They're all forms of state is,
um,
right.
And you know,
so the dynamics of might vary slightly,
but it's all state is,
um,
which is antithetical to the concept of individual rights,
you know,
and guaranteed rights.
And uh,
and uh,
and it is interesting because it is sort of this new hybrid,
because we still have the rule of law here.
We still have a Supreme Court,
although they're trying to mess with that right now.
Um,
you know,
in an effort to try to get an agenda done.
But what I find really um fascinating and
scary all at the same time is uh is how
they could get this done,
meaning things start to become privileges and not right and these privileges can be
taken away like can I fly on an airplane?
Um well that's a privilege.
And if you want to enjoy that privilege you better have a vaccine.
Can I drive my car?
That's a privilege.
So now they basically can black and bare term cancel or quarantine
me restrict my activities and control me 24 7 as you described,
you know,
by taking away my ability to virtually do anything because I don't want
to uh follow the party line.
Is is that sort of the way things are moving.
Well,
I think that is the concern Patrick,
I think one of the things that's recently come into view is this notion of a
vaccine,
passport,
its so called and that's actually going to be voted on by the european parliament this
week.
European union is 600 million people.
If that goes through.
As is likely,
that's an incredible precedent for the United States.
The biden administration so far has said no,
no,
we're not doing that.
But there are already these kind of passport systems that are being piloted in new
york.
The excelsior past,
there's a common past.
United Airlines is talking about it,
walmart is talking about it.
These are major economic players.
And what people don't really get is that once you step onto
that 24 7 platform,
you have to show your QR code that you've been vaccinated or that you have a negative
PcR test.
Once you step onto that platform,
it is a tweak on the back end to have that connected to criminal
records connected to financial records connected to credit score is connected to
government.
I'd connected to everything else.
And that's where the system goes.
That's where the system wants to go and that already exists in china.
So in 2014 China started a social credit scoring system and it's
now in full bloom and that is everything you do.
There are 600 million cameras everywhere in the country.
They use facial recognition.
They know what each person is doing all the time.
And if you hang out with the wrong people,
if you go to the wrong club,
if you show it up,
a demonstration that you shouldn't be at.
If you're not,
you know,
working well in your job.
If you Jaywalk,
you're going to have either points added or points demoted and those things are
going to be to affect your privileges.
Can you get on the train?
Can you buy an airplane ticket?
Can you visit France?
That's what already exists,
Patrick.
And that seems to be the model of corporations here like Salesforce and Microsoft that are
developing some of these platforms.
Well,
this is very Orwellian,
right?
I mean technology is getting to a point where I didn't realize that china
had instituted this type of thing.
Um,
and so now,
I mean,
if I play this out,
it's extraordinarily scary and disturbing because
really the tracks are being laid for all of what you just described.
But I also know that there's a very large rebellious
faction within the country that,
you know,
uh,
that will take to the streets and,
and well,
and that's where I think the government saying,
oh,
it's not the government's,
you know,
United Airlines is saying,
you need to,
you know,
so we're not we're not governments not mandating it,
but the people that,
you know,
that the government,
you know,
these corporations that are now almost to some degree,
indistinguishable from the government.
When you have the government giving indemnity to vaccine manufacturers,
when you have the government,
uh,
indemnifying tech platforms saying that you can't be held responsible for what's posted
on your platform.
Um,
you know,
suddenly now the government is in their business,
subsidizing their business and,
and reciprocally to keep enjoying those benefits,
they're going to keep funding the campaigns and the people that will keep that going in there.
You have a circumstance that,
you know,
that gives us what we have today.
If you say that's exactly right,
that we are already seeing this melding of governments and corporations and they put it
under this nice euphemism of public private partnerships,
But this is a fusion of mega corporations and the government.
So just as an example when it comes to covid vaccines,
the Moderna vaccine is a joint venture between the National
Institute of Allergies and infectious diseases and Moderna government scientists
get up to $150,000 a year for their scientific
contribution to the modern a patent.
These people are in partnership.
Obviously that is a fantastic conflict of interest.
How can you know,
the government be a regulator if they're in business and they
are?
And this is not new.
I co wrote a book about the human papilloma virus vaccine.
The same thing there to scientists at the National Cancer Institute are in a
partnership with Merc and with GlaxoSmithKline,
they get money every year,
the federal government is in on it.
How could they possibly be an adequate regulator?
As robert Kennedy who might work with says,
you know,
the regulators will become sock puppets.
They are just the mouthpieces for what the pharmaceutical industry wants.
What did we see last week?
They put a pause on the johnson and johnson vaccine.
All of these vaccines are causing blood clots.
That's what the evidence shows.
That's what the adverse event reporting system shows.
And yet they said,
oh,
we'll pause for a week.
Oh,
we looked into a couple of people died,
some people were severely injured,
but nothing to see here,
Let's just go back.
I mean,
this is not independent,
right?
This is the fusion of these megacorporations and this pandemic and
the response to the pandemic has eviscerated the middle class patrick
restaurants,
small businesses.
Um,
you know,
anything that was not a mega corporation,
churches,
you know,
non governmental organizations,
through people being unable to gather.
It has absolutely been devastated.
Well,
and,
and to your point,
um,
you know,
by who are the freest people,
but are the entrepreneurs,
You know,
the,
you know,
the the,
that there are main street,
you know,
if you work for amazon and with all their employees,
they say you have to get a vaccine and I wonder,
you know,
if that can be tested legally.
Maybe you can answer that in a moment.
Uh,
you know,
that's one thing.
But,
you know,
frank's pizza on Main Street,
it's frank.
And his five employees and frank says,
you know,
screw you,
We're not getting a vaccine,
I'm not making my employees get a vaccine.
And,
uh,
you know,
so they're the freest people.
They they have their own independent means of creating their own income.
Uh,
they they're not subjugated to,
you know,
big corporate uh,
edict,
but they've gotten destroyed through what's happened,
you know,
during this,
this whole covid shutdown.
Well,
I make an analogy sometimes to what happened during the formation of the
soviet Union,
there were a lot of independent farmers,
especially in Ukraine.
They were called co ops for a fist.
They were fierce,
they were independent.
And who did they really have to starve and go after?
They had to go after the independent farmers and they collectivized agriculture.
And then for decades the soviet union didn't have enough food,
even though the Ukraine has been called the bread basket of europe,
because they had to get rid of the people who were independent.
So it's a different time,
it's a different country,
but the strategy of getting rid of the most independent people is
very similar.
Yeah,
so uh this and again it gets interesting because now,
you know what happens,
So if you're passes this thing,
uh and you know,
now a bunch of people from United States maybe are going to travel to europe,
because I don't know if there's so my understanding,
Patrick is the out of the box passport for europe is going to
be either you're fully,
fully vaccinated,
you have a negative pcr you have some kind of certification that you recovered from covid.
So,
right out of the box,
it's not only vaccination,
but my understanding is that the long range plan is it's only vaccination.
So I think that's going to be devastating to tourism in europe.
I think the notion is that that's supposedly going to open tourism.
I think exactly the opposite is going to happen.
It's going to be a lead balloon and it's going to impoverish europe that thrives on
tourism.
So I don't know whether people will be able to push back if it goes
through.
Certainly we have a Children's health defence europe,
they are pushing back.
They are striving to see this,
not go through.
But if it does,
I promise you,
there are some fantastic lawyers in europe who are going to challenge this and
I would expect within four or five months when there is no
tourism as a result of this or much,
much less that people will be pushing back.
Yeah,
it's going to be interesting to see how that pans out and Europeans,
I think as a whole.
Yeah,
they've they've never been really fond of vaccines anyway.
Uh you know,
at least less so than than we are here.
Um,
So that that would be interesting to see how that plays out.
And then here in United States,
I I know that data,
some surveys from maybe a few months ago were saying that about half the people
United States that they don't want the vaccine.
Is that still true?
Or or has that changed?
It was very interesting right now.
The mainstream media at the new york times.
You know,
our product is saying they're hitting a vaccine wall and and the
first headline they had this week was now it's time for a hand to hand combat.
And I guess they thought that was a bit too graphic.
And they changed the headline to something like,
you know,
we have to start work harder.
But they are having a while Patrick,
people are not going back to their second doses.
People are not filling up the appointments.
Uh,
there's no demand for this huge amount of vaccines that are available at
this point.
And so now is the time when we're going to see a lot more
pressure towards mandates.
So that will escalate.
But it's interesting to me that a lot of people are saying no.
Even people who would say yes to other vaccines are saying no to this one.
They're not buying the propaganda.
And I think the elites that you refer to earlier,
I think that their weakness is the fact that they underestimate the intelligence of
people they have.
And that's what we call Molina's,
right.
They look down,
people are too dumb.
They'll do what you tell them.
They look at a bunch of sheep.
They don't realize there's a lot of people that basically can see through the propaganda and,
you know,
and think for themselves.
And,
uh,
and now it's gonna get interesting because again,
we do have all these different states,
Um,
and,
uh,
but as they start to amp up the pressure,
I guess the question becomes,
do we,
you know,
devolved into some sort of real civil unrest and maybe even civil war,
where,
you know,
there's gonna be real,
real,
uh,
challenge riots,
etcetera,
where people aren't gonna,
I'm gonna tolerate this.
You know,
we see a collapse because it can happen in a few ways.
It's not just that.
So we're upset,
everything's fine,
but we're upset about what the government's doing.
It's,
uh,
there's a financial collapse which based on the behaviors of what's going on.
It's not a matter if it's a matter of when,
uh,
then there's,
of course,
all the edicts,
then there's the,
you know,
the shutdown of all these businesses and how they're being destroyed.
Then there's the redistribution of all this,
this wealth,
you know,
etcetera,
trying to keep people placated.
Um,
yeah,
I I,
yeah,
we're seeing that there could be some real trouble in the not too distant future that people have to
be prepared for.
I don't have a crystal ball.
Um some of the people that I find very interesting,
like Catherine,
Austin,
Fitts and Whitney Webb who writes for unlimited hang out.
I mean they are looking at these Scenarios from the World Economic Forum,
much like event two or one was a scenario about a coronavirus
epidemic.
They're looking at these scenarios for financial collapse.
I don't think we should,
you know,
disregard what the World Economic Forum tells us as a scenario at this
point.
So I don't think that's out of the question at all.
And I think one of the things that that those kinds of people are telling us
is,
you know,
the world financial system has already said they want to move to
Blockchain.
They want to go to digital currency,
central bank digital currencies.
And one of the ways that that might be more easily obtained or achieved would be
through a financial collapse,
I don't know if that's going to happen or not.
And certainly in the past we have seen Flexibility on the
part of Pharma and some of these big actors um in pulling
back and the government's remember in the 70s there was this swine flu epidemic.
They wanted everybody in the country to get vaccinated when they saw deaths and beyond
beret.
Uh,
they backed off the government and pharma backed off.
We saw this swine flu epidemic in 2010.
Again,
you know,
fear mongering,
propaganda,
all of it corruption,
you know,
huge conflicts of interest and one that once that was exposed,
they backed off again.
So I I think there could be sort of tactical retreats.
But I do think that this time the sort of the the attack on
civil liberties,
the attack on kind of all of our rights,
travel,
assembly,
expression,
assembly,
you know,
trials,
all of it.
It is unprecedented as I quoted Justice Alito.
And so I do think it's going to be harder for those powers that be
to tactically back off this time.
And I think certainly a lot of what has happened does rise to the level of
criminal behavior,
criminal conspiracy to um,
to,
to you no harm people.
And so it is harder for me to imagine the tactical retreat,
but it's not impossible.
So one other thing that I'm wondering if you thought about
is the fact that it seems that
this virus is had escaped from a lab in
Wuhan china.
Um,
you know,
I'm not a scientist,
I'm a virologist,
but I certainly have,
you know,
looked at the two arguments that it was a naturally occurring thing or it was a,
you know,
man made virus that escaped the lab.
And I think the evidence is overwhelming,
that it's it was man made,
it escaped the lab.
And what happens,
you know,
uh,
if we try to start holding china accountable,
I mean,
look at the damage,
the death of mayhem.
Yeah.
What,
what ensued from this literally disrupted and change the world?
Um,
you know,
uh,
might there be governmental conflict over,
you know,
trying to reconcile the fact that,
uh,
that they did this and there needs to be accountability?
Well,
I think we we haven't gotten to the bottom of of what the origin of the virus is,
and I think it's essential.
So Children's health defense is calling on Congress,
calling on people to write to their legislators in Washington and say
have hearings on this.
They haven't had a hearing on this Patrick.
It's been over a year and there hasn't been a single hearing on,
you know,
how did this happen?
You know,
where does the virus from?
What are the different theories?
Um,
you know,
I don't think we know,
I tend to agree with you that it seems very suspicious that the world's leading that coronavirus
expert worked a mile away from where it allegedly appears at a wet market,
which seems a pretty odd story.
We can't forget that that,
you know,
doctor she the bat the bat lady,
right?
She learned her trade here in the United States with dr baruch down at the
university of north Carolina.
Uh,
and that the U.
S.
Government was funding that,
that coronavirus research and so far what I have seen observed is,
you know,
we've got the fox guarding the hen,
the hen house,
Right?
So peter dash ac,
who is head of Eco health Alliance,
who got the funding from NIH to go to Wuhan Institute of Virology.
He was on the W.
H.
O.
Panel that was investigating what happened in china.
I mean,
that's absurd.
That's just absurd.
That's obvious conflicts of interest.
And frankly,
even all the scientists in the United States who said,
oh it's definitely natural origin.
Well,
I looked them up,
they all had got millions of dollars of NIH grants.
I mean those grants can be shut off if these people say something that is
embarrassing or problematic to the government.
So the likelihood in the near term,
because I think there really is a partnership here between some of the
key leaders in science in the United States and the key leaders in
china who may have been responsible.
I don't know.
I think unfortunately in the near term,
I don't expect the federal government to be leading the charge to figure out what
happened,
and that's what we've seen for over a year.
Is there a need now for an international kind of independent commission?
I I think that need is growing.
I I admire greatly the work of Attorney Reiner,
full mission Germany has had since the beginning of the pandemic,
the coronavirus investigative committee,
and he's been interviewing with other lawyers and and others in Germany people
from around the world.
I think a deep investigation of what has happened and
why and who's behind it is,
you know,
it's essential.
And if it turns out that it becomes conclusive,
I mean,
I don't I have I've lost all trust.
So,
at this point,
yeah,
I think people would say,
well,
we know that it was something they caused,
but be too disruptive to let the truth come out.
So we'll just bury that.
Um and and everybody is happy and they're nice powerful positions and and having the control they
have.
So maybe we'll even send the chinese a thank you note.
But so it's it's really very very disturbing.
But you know I guess the good news but also the thing to be prepared for is
I can sense just for our work and the size of the
audiences how to show even with all the censorship,
the audience is building bigger and bigger and uh and they're they're not having it
and uh rebellion is on the horizon.
No question.
I mean you know the good the bad news is that all of this is happening.
The good news is that every day more people wake up every day more people are
saying this doesn't add up for every day.
People are you know they're friends who just got vaccinated is telling them I can't walk or
I'm sick or I'm not going to go get that second shot,
are they?
Somebody dies suddenly a week after they got vaccinated.
People are starting to ask good,
serious questions.
And and that's the good news Patrick.
You know,
the truth is never in Pravda,
you know,
in the United States.
Did we ever see articles about vaccine injury?
Did we ever see articles about vaccine?
Hesitancy?
Did we ever see articles about corruption and the manufacturers who aren't
meeting good manufacturing standards?
So,
so things are changing.
But on a certain level,
we are in a race against time,
right?
We we are up against a lot of bad guys and they have a real agenda and they
don't want this to take very long to Push people onto the platform
through vaccine mandates they want to get people onto this,
you know,
online digital identity,
so that people can be tracked 24/7,
that's the agenda.
And people have to understand that it really doesn't have much to do with the virus.
It really doesn't have much to do with the vaccines.
It's a coercive tool that they can they believe they can get away with
to push people onto this platform so that humans can be controlled literally
like cattle.
So,
very one last question,
do you have any advice for people?
What can people do?
Yeah,
I I painted a dark picture,
but I don't want to leave people with a negative message.
People are waking up and we can win in this
situation.
I was just listening to uh the Professor Shoshana Zubov's
who's written sort of the book on surveillance capitalism,
which we're living in.
And they asked her at the end,
you know,
do you think surveillance capitalism is a foregone conclusion?
And she said,
no,
it's been around for two decades.
Democracy has been around for a few centuries.
We can overcome this,
we can put in place restrictions,
we can put in place laws that that hold this back.
So I'm not a fatalist at all.
But I do think that we need to resist and come together.
We need solidarity among people who think that this is an unprecedented assault on individual
liberty.
So if people aren't in their local,
their urban,
their county,
their state help freedom groups,
I really urge them to join one,
because you need to be with like minded people,
you need to feel that strength and you need to act together.
You need to go and talk to your elected officials at the state level,
at the county level,
at the federal level.
And those elected officials need to understand that you will vote them out
if they are all about restricting your individual liberties.
So I I just don't wanna were litigating if people haven't joined Children's
health defense for free to get on the subscription for the defender.
I would really urge them to do that.
We basically put out a daily newspaper that's covering these issues.
We have a covid watch so that we have a Big Brother watch.
We we really are getting that information out.
So people aren't reading that.
I think they should.
Um,
and people can join for $10 for a lifetime.
And we are litigating these issues were not sitting by.
We do believe that the courts are not as um,
you know,
we do believe the courts can make a difference.
We do believe that courts,
federal courts have lifetime appointed judges.
Their salaries can't be reduced.
They are independent.
And we do believe that many of these issues are now issues that courts can
well thank you for that.
And I'll just also echo saying on a personal level,
I'm a big,
uh,
not only emotional with the financial supporter of the Children's Health Defense.
And I,
I couldn't think of a better place actually to uh,
invest my money to see results that are gotten for the values that I hold dear.
Uh,
so I,
I appreciate the work.
I encourage all people really to get the defender because that's a great source of updates
and news.
You know,
I love getting that newsletter.
And then secondly to support your efforts financially because there were the
efforts,
if you care about this stuff,
if you wanna know what you can do,
you can support you guys.
So again,
thank you.
Uh,
thank you for the work that you do in this wonderful nonprofit call,
Children's Health Defense and thanks for taking the time to share everything your expertise was here
today.
Thank you.
Country that completes my interview with Mary Holland,
brilliant attorney,
very scholarly and also someone who has personal
experience that lends to her passion to reveal what's going
on in the world and take action on making positive changes so that we don't
end up having history repeat itself.
Yeah.
Mhm.
Well,
that completes episode five.
We've crossed the halfway mark in our journey.
It's a very exciting milestone,
but we have a long way to go.
There's a lot of information you still need to know about.
So thank you for being here,
go right through this entire episode right to the end.
It's a pleasure to be with you if you haven't already.
I'm going again,
encourage you to look at the varying packages.
We have to own this information.
I think it's a vital part of any library To go out and have this.
Many experts comment on things that you need to know and give you actionable advice.
I think it's something you want at home.
We have steep discounts multiple packages,
so it's affordable to anybody.
And we also have some great bonuses.
So check that out if you already invested in endgame,
thank you.
You have our sincere thanks.
I look forward to seeing you in episode six. 2781 01:51:57.060 --> aN:aN:000NaN
Now,
the real economy needs stimulus and it's just like any other drug and the fact that will need
more and more and more and more just to have the same effect.
When governments take power,
they rarely ever give it back and they're going to continue this And eventually
takes us to a state of complete totalitarianism.
The social unrest we have seen in 2020,
it's gonna get worse.
Everyone needs to have a plan b.
Unfortunately,
the way preparedness works for most people is something happens.
And then preparedness is an afterthought of that emergency that's happened to
them.
So there's a tipping point in someone's mind where they personally had enough because
something's going on in their personal lives along with what the news is telling them.
Coronavirus killer,
hornets,
civil unrest.
So it has just a cascading effect where at a certain point people just snap and like,
you know what,
I'm gonna do something about this,
I'm gonna prepare.
I'm gonna get my family prepared and it really brings peace of mind.
Mhm.