Peak Prosperity - Germany’s Stock Market is Telling a Wild Tale

Episode Date: September 27, 2024

What if the Fed doesn’t rescue the next downturn? What if the resulting rout will be used to trigger The Great Taking machinery which will then provide the cover for the rapid adoption of CBDCs? Germany’s stock market powering to illogical new highs tells us something is ‘off’ and we’re trying to figure out what.

Nothing in this program should be considered investment advice. It is for educational purposes only. Please hit pause and read this disclaimer in full. I think the stock market is getting set up for one of the greatest rug pulls of all time. This is my thesis and I'm going to explain it to you. The following is the audio version of a video released at peakprosperity.com. Visit peakprosperity.com to watch the video and to Peak Financial Investing, also Peak Prosperity, here with another edition of Finance U. Today, I'm going solo because my compatriot,

Paul Kiker of Kiker Wealth Management, is off on an anniversary with his lovely wife, Holly. So let's get started. I think we're going to have this incredible rug pull, and I'm going to center it around Germany. I mean, what the heck, Germany? Let me lay out my thesis. Before I begin, first, very simple axiom of asset prices, whether they're stocks, bonds, houses, tuna fish, doesn't matter. The prices go up, right, when there are more buyers than sellers, and prices go down when

there's more sellers than buyers. That's really it. That's the whole thing. So when we see prices going up, we can conclude, wow, there's more buyers. There's buying pressure. That's what makes prices for things go up. And conversely, prices go down when there's negative buying pressure, as it were. Okay. So as I look at the scan today so this is here on thursday the 26th of september wake up this morning and this is what the futures market looked like so these are a bunch of different futures and green means up red means down if it's sort of a neutrally color let me get my let me see if my laser pointer works today yeah so if it's one of these neutrally color. Let me get my, let me see if my laser pointer works today. Yeah. So if it's one of these neutrally colors here, eh, you know, up a little bit. So these are all the major indexes

across the top. Look at this bright green, super bright green up here. Everything's going up, including the DAX, which is the German market. So we've got the Nikkei and Eurostox and Nikkei and Eurostox here, etc. Everything's going up. Meanwhile, oil going down hard. How can that be? How can the economy be improving, which is what we're told improving stock prices mean. It means the future is brighter. You got to put on your shades. It's so bright. Meanwhile, we see gold here popped over $2,700 and silver over $32,000, closing in on $33,000. The dollar's down at about $100 on this unit, and so the dollar's going down a bit. How do we make sense of all this? But let's start here.

First, we have a new all-time high for the S&P 500. That must mean that we are at a new all-time high of economic output, activity, excitement. Well, we're really not. When we look at a lot of measures for the U.S. economy, it ain't doing all that great. It's middle and along, but it's not all-time new high great. So what is this all about? Like, how can we be at all-time new highs for the S&P? Well, you can make some stories up, and the United States is, you know, the best place to be

and everybody wants to sort of put their money here or whatever. We can come up with a variety of reasons why that might be. But how do we account for this with the German DAX also just powering to an all time new high? Now, if you had sharp eyes, you noticed not a lot of difference between these two charts. You see how they had this little, this is the yen quake, the carry trade quake that happened here in August. It was a three-day long quake, and then boom, it just reversed. You can see that on the DAX. You can see the same thing on the US S&P. So obviously these are trading like one market, one market, not two separate markets, right? You know, Germany is in very different prospects right now than the United States economically, but its stock market is trading almost identically, tick for tick, looking a lot like it. But here we are, the German DAX is an all-time new high. Now, how do we make sense of that? Well, I have a theory.

But first, let's look at this too. We also have an all-time new high for gold. Now, when we're starting to get to new highs like this, again, it simply means there's more buyers than sellers. So there's been more buyers for the German DAX, more buyers for the S&P, more buyers for gold. There have been more buyers for houses, more buyers for the S&P, more buyers for gold. There have been more buyers for houses, more buyers for everything. This is consistent with lots of people with lots of cash, right? Whether they're central banks, whether they're sovereign nations, which I think are the two main drivers of the gold price right now, it's kind of irrelevant where or who those people are. We can just look at the chart and say, hmm, looks like

there's more buyers and sellers for gold and everything, except this one thing. One really odd note in this story is oil. So oil is back to the same price it was in 2005, which is just a little over $60 a barrel, 65. Here it's at 66 today. But it's been in this really tight range with some notable pops and drops. But basically, it really is hovering like, hey, guess what? For the last 10 years, the right price for oil, wouldn't you know it, has been somewhere between $60 and $80 a barrel. And right now it's at 66, but it's falling. And it fell another hefty 2.25% this morning when I took this screenshot of the oil futures. Now, this is WTI. That's West Texas Intermediate.

We could also look at Brent. It's a couple dollars higher, but same exact chart pattern because, obviously, oil, a fungible commodity. If you could buy Brent or WTI for a lot cheaper, you would buy those instead. So the price always tends to equilibrate, but Brent's a little bit more expensive by a few dollars typically. So how do we account for this? Because oil tends to fall during recessions and it tends to rise during expansions. Stocks tend to do kind of the opposite, right? They rise during expansions. I mean, they

do the same thing, right? They rise during expansions. I mean, they do the same thing, right? They rise during expansions and stocks are supposed to fall during contractions. Well, this is price of oil spiking to an all-time high there of $147 a barrel intraday in July of 2008. And then, of course, we know 2000 and later in 2008, things got a little spicy and we had the great financial crisis. So we saw the price of oil fall. But then it came back up and settled around over $100,000. And then it fell again here in 2015. And that really caused a lot of hemorrhaging in the oil space.

And then even here, we saw it go very briefly negative back down here in 2020. That was a very famous moment. Rallied back up to 120 and then it's just been going down ever since here and falling. I don't believe that this price of oil is actually a real price. I think it's now a narrative controlled thing. Everything in the United States now is narrative control. It's all about narrative control. They have to control what's misinformation, malinformation, disinformation. There's a lot of people at the federal level who are very concerned that you say the right things and you don't say the wrong things and that you think the right things and you don't think the wrong things. And you're only exposed to correct information. And they've obviously extended this all the way

across, just trounced across the Constitution. Free speech doesn't mean what it means. It's like free speech with air quotes around it because it means whatever they want it to mean. And we know that our newspapers are lying to us. The question would be, do you believe that markets are still free and fair. Like there's this one wild west place you can go where it's just the pure scrum of individuals and the contest of wills and money to figure out the right prices for things. Or do you believe that there's some thumbs on the scale,

that there's official intervention, that the same people who won't trust that you can interpret a newspaper article that has misinformation in it, which is just stuff that usually is just embarrassing to them, if they don't trust that you will interpret a newspaper article that has misinformation in it, which is just stuff that usually is just embarrassing to them. If they don't trust that you will read a sentence, do you think they would trust that you would understand a price for something? Like the idea that you would have totally controlled news and information, but you wouldn't have a controlled market,

it doesn't make any sense to me. It's obviously markets are signaling devices. When they're going up, they tell people everything is fine. And that's an important signal to be running, obviously, right? So I've been seeing signs of increasing interventions in markets and official interventions, and I think I understand why. Right. It's never a good time, Chris. If the markets signaled this right now, people might lose their hope and then the economy would collapse and people would lose their jobs. I'm sure they have a rationalized narrative structure for why it makes sense to control these things. Now, the price of oil, we don't have to speculate is it controlled or not, because we know that the Biden administration took our strategic petroleum reserve and released it into the market to drive the price down for political ends.

Right. He was day trip first president in my life that day traded the price of oil. Like we need gasoline prices lower. Look, I did that. Right. Um, and so, uh, obviously at the expense of the strategic readiness of the nation to respond to, or be prepared for some future event, like, Oh, I don't know, maybe the middle East gets spicier and oil flows get cut off through the straight of Hormuz or something, right? So it would be great to have a fully topped off strategic petroleum reserve, given the geopolitical considerations like what's going on with Russia, Ukraine, etc. Now, didn't do that. Somebody

decided the right thing to do was to just sell oil, right? And I've been seeing that same behavior ever since. The level of oil in stockpiles around the world is at five-year lows. They have to carry a five-year band. It's below those levels. It's punching out a new five-year low band. So we don't have a lot in stock. Don't seem to be oversupplied. And yet the price is in a very, very negative space.

And that's because of the narrative that's been put around it. As much as anything, markets move on narratives. What would cause more people to be sellers than buyers? Well, narrative is a really important part of that. It's always narrative. Oh, AI, chips, Nvidia, that's one narrative. It's a very up narrative, right? Now, when it comes to gold and silver and corn and wheat and oil, all the commodities, the narrative that's put out in the Western press leading in the United States, it's undeniably negative. Always. Right. Oh, you know, whenever gold falls, they talk about it really quickly. When it hits new highs, they barely write about it. That's a negative narrative structure. Right. It's communicating.

It's educating you. When you see gold hit an all-time new high and nobody's writing about it, it communicates to you it's not really important. Or even when they do write about it, they make sure to slip in these negative terms and words around it, you know? It doesn't pay any interest. You know, gold has disappointed in the past. It hasn't been the most exciting of investments. It's okay, but it's really nothing that you want to brag about. You watch these terms and you start seeing them, you see there's an enforced narrative structure. And of course there is, because money is power and narrative is power. So that's how I interpret the markets now as what are these markets trying to tell me to do?

And this leads to an investment thesis and it leads to an idea I've got. So let me continue to build this out. But this oil price is like, that does not make sense. By the way, this is going to have real-world impacts because that's the real-world price of oil, that real-world people who put drill bits in the ground and go through all of the rigmarole of getting oil, wrestling those molecules out of the dirt and bringing them to market. When they are not getting a fair price or the price is below what it costs them to get that stuff out of the ground, they tend to not go get that stuff out of the ground.

Run that long enough and you find a wicked supply shortage. But, you know, corn, I mentioned, is another commodity, literally the same price. Farmers are getting the same price for today as in 2007. Can you imagine trying to live on your 2007 salary? Can you imagine that whatever it is that you sell or do in life was worth exactly the same in nominal dollars as it was in 2007? Have you pulled out an old grocery bill from 2007 and seen the prices of things? It's astonishing how much cheaper stuff was, right? So all of those same pressures apply to farmers.

Obviously, their input costs are more. Tractors cost more. Fertilizer costs more. Seed costs more. Everything costs more. Everything. But what they get for their product, exactly the same.

This, again, is because we have, in the United States, a game of rigged paper markets where it's not producers and consumers setting the prices with each other. Corn farmers, corn utilization, manufacturing, like Kellogg's. That's it. Those two, farmers sell corn, Kellogg's buys corn. But in between them is this huge giant world of hedge funds and speculators and private equity and big banks and financial centers and all those other things, busy buying and selling and trading paper promise tickets that represent corn. But nobody actually takes possession of the corn in that chain. And so there's a lot of noise. The signal is how much do producers get and how much do

consumers get at the end? That's the signal. The noise is all the people who trade on that corn or the oil or the silver or the gold, but never take any delivery of any of it. It's a broken market kind of an idea. Obviously, it's going to lead to trouble at some point. But until then, it also leads to opportunities because there is a broken narrative structure in here. Again, they, the system, wants prices for things to be lower and they don't care if it harms consumers. They don't care if farmers go out of business.

They don't care about any of that stuff. What they care about is that a political party can get to say, look, your cornflakes are not as expensive as they could be, but they squeeze the farmer. They don't squeeze the Kellogg's people. Trust me, farmers are getting the exact same amount for a box of cornflakes on the farmer end. And they cost a lot more than they did in 2007. So the problem isn't the farmers, but still farmers aren't a big organized block and they don't know how to push back and

they never can just sort of like go on strike. So they don't get to advocate for their ends. So they have no power and because they have no power, they have to put up with this junk. That's, that's what happens, right? So producers typically have very little power because they're really caught on the horns of a dilemma. Like you have to, if you don't, if you don't produce, you'll go out of business. But if you keep producing at these prices, you'll go out of business. That's the horns of a dilemma. Which do you do? Do you rip the bandaid off or do you sort of struggle and suffer along usually people struggle and suffer along and then you get a chart that looks just like this but eventually the whole thing gets wrecked now back to germany let's talk about germany for a second because i think this lays the whole thing out we

can understand the entirety of the hot mess our markets have become if we can just understand a fractal smaller representation that would be germ be Germany. So Michael A. Arouet, talking here, this was a couple of days ago, said recent job reductions in Germany, it doesn't include 30,000 at VW yet. VW is going to close factories, not slow them down. They're going to close them for a period of time, maybe forever. who knows? This is such an unusual thing in Germany. In Germany, workers actually have rights, big rights. And so to go through layoffs is actually a very, very painful, very expensive decision. It's not like in the United States with at-will employment. Adios, you know. So, Deutsche Bahn, minus 30,000 workers, ZF minus 14,000, Continental SAP thousands, thousands, thousands.

So we're seeing just a wall of layoffs in Germany. You know why? Because the German economy is sucking wind right now. It is not doing all that well. And we can see that as well in Holger Schepitz here says, good morning from Germany, where the week kicks off with more bad news. This just came out about a week ago, this news. For the economy, S&P's global flash purchasing managers index, the PMI, fell more than anticipated to 47.2. Anything below 50 means the economy is in contraction. So we now have a contracting economy in Germany. It's falling, and it fell more than expected. So these are the purchase managers. These are the people who buy the raws, the intermediates, et cetera,

purchaser, purchasing managers, also finished goods. It's a, it's a purchasing managers index is a good way to figure out where your economy is actually going. Cause they're the ones actually reading, you know, at the finished goods end, they're reading what they need at the demand side of this. And all the intermediate purchasing managers along the way deciding what they need to balance out their particular supply chain ins and outs. And they are, as a group, now in contraction, not expansion. So contracting economies are consistent with falling stock prices. And we have a contracting economy. So Germany's economy has been going backwards.

Here it is being compared by Bloomberg to California's GDP. You can see roughly the same. But it was all the way well over $4 trillion. And it slid all the way back to like three and a half. I mean, this is a pretty big erosion. So the German economy for the past few years has been contracting. Yet we see German stocks at an all-time high. What gives? What is this all about?

How do we explain this? Well, we can see actually every single country that's currently undergoing the Western Civilization Dismantling Project, which if you aren't aware of that, well, it includes Western values being tested to the breaking point. These would be things like, do you have a secure border or not? You know, do you have a coherent culture? Are you elevating the best possible leaders to positions of power? Do parents actually have rights? What does it mean, you know, from a gender standpoint? Are you actually feeding your nation with wholesome foods that lead to health or the exact opposite? Yada, yada. So we're definitely under tough times here. And so we see the Dow Jones Industrial Average in the top left there.

The S&P 500 just screaming higher all these years. We have the Nikkei 225, which is Japan's stock market, screaming even though Japan, oh my God, they have a declining aging population, which is most consistent with an economy that doesn't need to be as robust. But we see their stock market going higher. And I put the quotes around it because actually what we're seeing here in all of these, this is consistent with central bank money printing. When they print a lot of cash and they create easy financial conditions and you have these giant financial machinery centers that go out and what's the definition of financialization?

It's when you make money using money. You don't make widgets. You don't make things that people need. You make money with money. This is a mechanism for making money with money. It's also a mechanism for laundering the money you make with money. And so that's why you see more buyers than sellers and all these prices rising is simply because the central banks of the world, particularly in the Western world, have been flooding their societies with freshly

printed cash. And it's just how it's been for many, many, many years. They've decided their narrative structure is, well, this is the right thing to do, because if we didn't do this, think of all the bad things that would happen, right? That's how they tell it to themselves. The only thing that I didn't put a green arrow on is the Russell 2000, which has not been making all-time brand-new highs out of this whole thing. It's kind of near its highs, but it hasn't been powering to all-time new highs. So not clear about what that actually indicates at this point in time.

Now, managing your money within this context is exceedingly important. This calls for real nimbleness because this is one of these situations where it's kind of good until it's not. And then it becomes very not good. And as I mentioned before, also the CEO of Peak Financial Investing. And if you're used to tuning in and seeing Paul Kiker, there he is right there. He is one of our top endorsed financial advisors. Just an amazing guy, does extraordinary things for people and helps people with their planning. So if you have a portfolio, if you have wealth and you want it to be, you know, have a good looking at and you want it to be managed really, really well, I invite you

to go to peakfinancialinvesting.com, fill out a simple form. Somebody from Paul's team will contact you within 48 hours and they just do an exceptional job. It's such a beautiful thing. The number of testimonials I get back from people saying, thank you for connecting me with Paul and his team. They are doing such an incredible job with and for me. I have so many emails like that now. It's just, it's wonderful. So love, love being in this ability, this system where I, business where I can connect people with great people. And just that's makes a lot of fun for me so back to the story what is this what why why why are we seeing all of this just like euphoria at this particular time i mean we've got russia ukraine the middle east all these signs of popping rivets inside of economies right house prices and real estate commercial real estate is a complete unmitigated disaster in the U.S. It's like not even denting anything in the stock market. What is going on? Well, let's get into the possible interpretations. One, well, the future is just a lot brighter than those current indications would indicate. So

I can't see it right now now but maybe everybody else can't right yay here's how the future is just going to be amazing we're going to have these really robust economies the insects are going to come back people are going to get healthy again and all these uh died suddenly things are just going to go away mysteriously and and you know the sun comes out and russia and ukraine shake hands and make up and israel and hamas shake hands and make up and Israel and Hamas shake hands and make up. And maybe that's the future. Of course, that hasn't been the trend we've been on for many, many years. And things are getting jankier and jankier. And the United States all by itself is off on a wicked tear with respect to destroying its own financial, fiscal, monetary position, right? Because the fiscal deficits of the U.S. government are mind-boggling, right? $35 trillion in debt and going up by at least $2 trillion a year,

as far as the eye can see. Crazy talk. So one possible interpretation. I love, this is how I roll. If you come up with an idea, a hypothesis, you have to consider all the possibilities. This is possibility one. The future is actually a lot brighter than seems, you know, that we can detect from the data. And the market figures that stuff out because the market is smart. Okay. TINA. That means there is no alternative. TINA. All that new cash has to go somewhere. So there's just no alternative. Like, you know, if you had to spend a bazillion dollars all at once and you're in Walmart, you might have to hold your nose and buy some things you wouldn't otherwise buy, right?

It's just what you have to do if there is no alternative. So all this new cash has to go somewhere. And the narrative structure says, well, it shouldn't go into oil. It shouldn't go into corn. Definitely shouldn't go into those things. Where would you put it? All this new cash that's being printed. Where does it go? Well, it's got to go somewhere, right? So the United States government all on its own is injecting $2 trillion of cash. Well, let me back up a quick second. When the United States government has to spend money it doesn't have, it goes to the bond market and it auctions treasury notes, bills, and bonds.

Treasury notes, bills, and bonds are tier one assets. Meaning if you have a portfolio with like a billion dollars of treasury, you know, bills, let's call bills, 28-day paper. You got a billion dollars in 28-day paper, right? It's as good as cash, right? You can spend it, borrow it, against it. It's as good as cash. So when the United States government is busy throwing $2 trillion of fresh printed, minted treasury tier one assets out into the market, it might as well be just spewing $2 trillion in cash out into the market, right? Because that's what it does, right? That's $2 trillion addition. That's so stimulative. It's like off the charts. Plus, the United States government also has to emit another trillion dollars, a little over, of interest payments back. Where do those go? So this is highly stimulative. When a government is

deficit spending nearly 7% of its GDP, which the United States government is, that's a lot of cash. Okay, that cash comes out. Some of it rolls back into more government paper, but some of it probably rolls into the markets, into the rest of the market. So all that cash got to go somewhere. Here's another possibility. It's just bad narratives, false narratives. There's a rescue. There's the narrative. Chris, don't worry. You know why? You know why stocks are going up? Because we know they should be going down. And perversely, that means that we know that there's a rescue right around the corner. And we know the Fed's going to go into QE and print more money and do whatever it takes to keep the markets going up, because you just showed us all those charts where they just keep going up and to the right well that's courtesy of the federal reserve so

they're going to keep doing that they've been doing it i see no reason for them to stop doing it so i'm just front running these future rescue operations because i know they're coming okay that well that's been a true narrative for a while but it could be a false narrative or it could be that there is that metric ton of fresh central bank currency printing right around the corner. We know that. We know that. Another possible interpretation, I like to default to my man George on these things. He said the last official act of any government is to loot the treasury. Now, I think we've been seeing that with the $42 billion spent on

internet under Kamala Harris's watch, which didn't link up or sign up a single internet connection, not one, right? Or we saw those charging stations where I think they spent, I don't know, seven, $8 billion. And I, would they get like four charging stations out of the deal, this is just that's just corruption. That's just looting. That's watching run of the mill congressmen and congresswomen come in. And within a few years, their net worth has gone up by tens of millions of dollars. Right. That's just looting. It's all corruption. It's looting. The Ukraine war, we say, oh, we sent, you know, 12 billion dollars this week to Ukraine. None of it went to Ukraine. It went from a server in New York to a server in New York because, you know, it went from

the U.S. DOD to Raytheon for more missiles that got shipped over it. Trust me, when we give billions to Ukraine, it doesn't actually go there. Pro tip, right? So war is a racket obviously so it's possible that this is actually it's all kind of rigged at this point in time and the people who are in on the rigging are making out like bandits on it because they know the rigging they they know how the cards are marked in this story and that's why everything goes up into the right. And the people who know that are positioned properly and they're just, they're harvesting the situation a lot. Now here, this leads to my approach to investing and actually to life itself.

I kind of admit the stage of life where I do the exact opposite of what I'm being told to do by the keepers of the state, right? The official narrative keepers. They say, here's how the world works. You know, you should X, Y, and Z, MSNBC, CNBC, CNN, and the CDC and the FDA. I do the opposites of what they say now, right? If they say you should be really excited by NVIDIA chips, I'm kind of unexcited. Just it's it's like my default position. I'm not saying it's right. I'm not saying you should follow this.

It's not financial advice. Absolutely isn't. I'm just telling you how I operate now because I found that more often than not, that what the state wants me to do or the state media, the regime media wants me to do is actually against my better interests. Here, quick example, CDC, right? So this is pulled right off of the CDC's website, right? It's about how to, you know, eat, you know, enhancing your immunity. And they say you should eat well. CDC says you should eat well. And their definition of eating well, quote,

means emphasizing plenty of fruits and vegetables, lean protein, whole grains, fat-free or low-fat milk, and milk products. Eating well also means limiting saturated fats, cholesterol, salt, and added sugars. Now, some of that's okay. I think the added sugars, absolutely. But limiting saturated fats, now contrast that with actual science-based advice that comes to us from Paul Merrick at the FLCCC. That's the Frontline COVID Critical Care, but they don't do so much COVID anymore. So if you wanted to see that, go to the FLCCC's website. They have science-based advice on proper nutrition, which is you just read the literature and you look at actual health outcomes

and you determine that, well, fasting is simple, it's free, it's powerful, it's flexible. So CDC doesn't even mention fasting. It's like, you know, I'm totally, totally mute on that one. And they also say a low-carbohydrate, high-fat diet is the optimum choice. Saturated fats and omega-3 fatty acids are both healthy fats. Don't be fooled. Directly opposite what the CDC is saying. And the CDC is saying stuff that isn't based on science. It's based on, I don't know what, what their main sponsors within the food industry want them to say. I don't know. It's junk. It's complete junk. But isn't it weird

that every time the CDC recommends something, it almost invariably serves to make me sicker and more unhealthy, right? I mean, if you're in the CDC, you ought to be profoundly embarrassed by the fact that when we look at obesity maps for the world, that the United States is one of the brightest red places with over 40% of adults being obese. Whatever you're promoting, CDC, is obviously not working. It's obviously a complete failure. It's obviously working against the better interests of the people you ostensibly serve. Remember, you're supposed to be public servants. I wish we could just fire these people.

I'm their employer as a taxpayer. Just fire them all right there. You're fired. You messed up, right? This would be like, you know, you got a truck driver you just hired and they just like backed into like their fourth building this week. You're like, that's just not your job. Just not.

Stop. Go find something else to do okay this is a complete train wreck right this is obviously not working so you would think they would somehow have a corrective mechanism in there to go hmm maybe we got this all wrong but they don't do that so that's why i follow people like the flccc and paul merrick i don't do that. So that's why I follow people like the FLCCC and Paul Merrick. I don't follow the CDC. Similarly, you know, you, you open up and you see like, uh, you know, all this green going on, this is today's headline green going across all these things, but surging NASDAQ lead stock higher as chip makers rally. Well, there's this whole story going on about chips and AI, and it's just exciting. And it's just exciting and it's but

it gets i mean look at the picture look at the look at that guy almost looks drunk if he's not drunk drunk with glee and it's because shipmakers are rallying we that this is both overt and covert marketing for you to really buy into and get excited about the AI story. But nobody ever can articulate like, what is it actually doing for us right now? Like, I get the promise of it, I guess, you know, sell the sizzle. A lot of sizzle, right? But look at this. AI trade gets a boost in the US economy, gets another bill of clean health. Again, from the government statisticians who just routinely lie to us they lie to us about how many jobs we have they lie to us about how high inflation isn't they lie to us about the state of the health of the economy it's just been nothing but gaslighting the whole way

along but this is this is propaganda look at that guy all excited because chip makers are rallying you should be excited by chips now i think there's a larger story here which is why this week's piece for my subscribers at peak prosperity i got to talk about i got to talk about this there is something going on about trying to get us excited by data centers and ai that i'm not buying it just doesn't pass my smell test so we're going to talk about that tomorrow so So keep on a lookout for that. If you're a peak subscriber, this is a, this is a big deal. This is actually a big deal. Now here's what happens routinely though. When I want to talk about narrative control in the markets, because prices kind of set the tones right now, here we

see all night long gold is being bought. This is coming in through all night long in Asia, right? And so this is eight o'clock right here at this boundary between this gray and this white. That's eight o'clock. That's when the United States markets open at 830. So gold is climbing, climbing, climbing, climbing right until U.S. markets open. And then, boom, it just gets sold. Because you know what? This is how it is. The United States sells gold. We also sell silver. Same story. It's bought, bought, bought, bought, bought, bought. As soon as the U.S. markets open, boy, it just gets slammed. Now, this is why, let me articulate why this is important, because this is actually narrative control. It has nothing to do with

suddenly, all of a sudden, people became, investors became concerned that silver was like not a good investment at 830 on the dot when the U.S. paper markets opened. This is the pattern. This is a long-running machine, and I'm actually happy for it

because I like to buy silver, not investment advice for you, but for me, I happen to like buying real things. I'm one of those people. I like hard buy silver, not investment advice for you, but for me, I happen to like buying real things. I'm one of those people. I like hard assets a lot. And I like buying things cheaper than more expensive. So these are very helpful people in, as far as I'm concerned, who in Wall Street, who just, they constantly drive the price of silver down.

That's all they do. They just drive it down. they just constantly make silver cheaper now that's really bad for the producers and i feel terrible for them and i think it's really bad for helping people to understand what's really important but that's of course why they do this selling silver and gold and oil is part of their narrative control has nothing to do with is that the right thing to do? Is this good for the long-term health of the country? Does this send good signals that helps people make better decisions in their lives? Mm-mm. That has nothing to do with nothing.

This is about them being greedy little raccoons for their own narrow purposes, and the U.S. government turns a blind eye to it because it supports the government's main narrative thrusts. That's how those two pieces work. But let me show you how outrageous this is. Okay. So if you, there's two times you can buy silver, let's say. One is while the U.S. markets are open. Okay. So 830 to 430, right? Or you could buy it after that time. We'll call that the overnight market. So you either buy it in the day market in the United States, which really, you're not actually usually buying silver physical, you're buying paper representations. Those are called silver futures, right? So that's where the market price for these things get set.

The price for silver doesn't get set or gold does not get set because a physical holder and a physical seller came together, agreed on a price, and that's the price you see. It's because these paper contracts get just churned out like crazy, huge quantities of them. Like yesterday's paper in silver was something close to 600 million ounces when the whole world yearly mine output for silver, that's the producer side, is about 820 million ounces. So like 75% of world mine output traded hands yesterday, all in an attempt to keep the price of silver down. And here's how it plays out over time. So again, two times, two separate times, you could possibly buy silver during the U.S. market and not in the U.S. market. We'll call

that the overnight market. So the day market, the night market. So if you're in the day market from 1970 to 2024, if you had just held gold, I mean silver, during that moment, like you buy it when the U.S. market opens at 830 and you sell it at the end of the day. If you'd done that every single time, from 1970 to 2024, silver is now trading at 13 cents an ounce if from 1974 to 2000, sorry, 1970 to 2024, it had only been allowed to trade in the U.S. markets. That's it. It went from its price in 1970 to 13 cents an ounce. However, if you had only bought silver and held it for the overnight portion of the ride, right? U.S. market closes, you buy silver, you hold it all night long, Asia's doing what it's doing, the rest of the world's doing what it's doing,

but right before the U.S. market opens, you sold it. Silver would now be worth $342.72 an ounce. So this is very simple. The United States sells silver, and that's it. The rest of the world buys silver. Now, this is a story that's it. The rest of the world buys silver. Now, this is a story that's been going on for a long time and I can smell it breaking. It's about to end. I don't know if it ends this week or it ends in five years, but this model is totally broken.

But it's what the United States does. The raccoons on Wall Street can't help it. That's the model they run. And it gives you markets that look like this every single time. So again, this would be you buying silver and holding it during the overnight, but you sell it right before the U.S. market opens and then it gets crushed. And it's just, it's a thing. And by the way, in markets, things like this don't persist for a long time because people figure them out and they trade them away, right? Then why not? Everybody should just hold silver overnight and just sell it during the U.S. market. But if everybody does the same thing, it doesn't work anymore, right? That's just the definition of markets. Everybody can't, there has to be somebody on the other side of the trade for it to work, right? Everybody can't be doing the same thing. But this is how it's been working for so

long. And I don't know how they rig it like this but this is a rigged market it is impossible for a vital industrial commodity to only ever be sold in the united states market and to only ever be bought in the outside of them it's just a crazy situation but it's where we are and that's the narrative structure and it's just it's just nuts and by the way night time night is when the mice come out to play. This is last night, starting at four in the morning, right? Which is how these things work. Starting at four in the morning, U.S. stock futures for the S&P, which is now at an all-time new high, started being bought and bought and bought. And then right before the U.S. market opened, they're just flattening out up here. So, hey, investors, they're going to say.

Investors are cheered by, you saw the headline, chips. It was chips in AI. That's what investors are cheered by. Well, investors started getting cheered at four in the morning. Right. They didn't they didn't wake up and suddenly say stocks are up and they pretend like the stock market just opened up because investors were cheered by chips and an improving outlook on the economy. The U.S. economy did not have an improving outlook at four in the morning. I'm just telling you, this is how the markets actually work. OK, and so the mice come out and they ram stocks higher in the overnight and all of that other stuff. And then, you know, when we wake up and we're told about the cash markets, oh, silver fell today, you know, stocks went up today. They didn't. They did all of that in the paper markets. And then cash prices had to adjust to those. It's just it's how it's been running for a long time.

It's just how it is. It is a gigantic looting operation. No question about it. But what do we do with that? And how do we make sense of this? And what, what are the implications? Well, here's the thing that I'm concerned about. When everybody knows the same thing, then nobody knows anything. is always going to be rescued because it's been true since about 2001 when the stock market fell. The Federal Reserve rode in and then Ben Bernanke did everything he could to just keep everything inflating. He accidentally blew up a housing bubble and then but they kept inflating it again and on and on and on. So this has been the game since for 20 plus years now. The Federal Reserve is going to come in and they are going to rescue the system.

So just play along with them. Don't fight the Fed. I get it. Here's the problem. What if, what if there's a rug bull coming? What if all this effort to keep everything's propped and suppressed is going to ultimately lead to the central banks at some point yanking the rug. What if they don't rescue the market next time?

I think you need to be ready for that. It's why I advise Paul Kiker of Kiker Wealth Management and his team because they run what are called risk managed portfolios. It's a lot more complicated. It takes a lot more effort. But boy, is it worth it because there are some risks out there and you need to make sure that those are managed appropriately. If you're all in on this story and you're thinking, listen, Chris, nah, sounds too complicated. The Fed's always going to rescue the market. Listen, you've been right. Maybe you'll continue to be right. But I'm just going to pose something. What if there's a rug pull? What if next time the Federal Reserve just says, oh, no, we we have to be they'll say some language like we have to be judicious and careful.

And so we're going to step back from this. And, you know, we can't we can't risk inflation, whatever. They will come up with it. So you might have a whole portfolio. This is supposed to represent a portfolio. You know, you got some stocks, you got some indexes and you're like're like well the fed's always going to rescue this whole thing but oh no oh no there's a big giant nasty downdraft and it's you know what it's so bad that it actually activates the machinery of the great taking now if you don't know what the great taking is you really should i'll tell you more a little bit about that in a second but the great taking is a bunch of legal triggers that have been installed in the united states and also world mostly western world legal code that says under certain circumstances things get bad enough they end up taking your stuff because you

know the system it would be terrible terrible unthinkably awful if if one of the central clearing parties or an intermediary or depository trust corporation or a major brokerage house actually failed. That would be terrible. So because it's so terrible, we're going to have to take your stuff and make sure they're whole and cared for. Anyway, more about that in a second. So, oh oh no your entire portfolio is coming to come oh no listen we ah this is terrible your five hundred thousand dollar portfolio you still have it but it kind of looks like it might actually be taken because of this great taking thing it could happen um we're very sorry listen wait a few years and maybe the legal system will churn through and i don't know maybe you'll get it back

more likely at some cents on the dollar kind of a thing, or maybe it goes to zero. We don't know. We're really sorry. It's going to be years before you can even access that again. Oh, you have retirement costs today. We're really sorry. Oh, good news. You have a beneficent central bank and you know what we're going to do? One-time offer. Got to make a decision quick. Limited time offer. 24 hours. Figure it out. We'll make you whole. Your entire $500,000 will be given back to you in the form of a central bank digital currency.

We good? And a lot of people will take that deal. And I totally understand why. And under certain circumstances, I might take that deal. But if you watch what just happened, you weren't made whole. You held ownership interests in companies. You had an ownership piece. Now you just have slave bucks, right? And why do I call them slave bucks? Because that's what they'll be. The programmable currency. They can program anything into it they want. I had lunch with RFK Jr. about a year ago and asked him,

if you had a single platform you could run on, just one, one plank, what would it be? And he said, central bank digital currencies. Because once we get those, it's all over. No freedom, no vitality, no entrepreneurialism, no more growth, no more all that, because all of a sudden our every decision and our movements will be in the hands of bureaucrats and little mini dictators all over the place. And so this is the end of freedom, right? And it puts your life into complete control. And if you don't understand all of that, I did a great podcast with the even greater aaron day

you can find it at that link down there um this is a this is a is a great podcast uh just put it on listen to it aaron's got a bunch of other stuff find find air aaron is the world expert on on really what we're facing here and he's just a wonderful communicator so um check that one out if you want more context on that. And if you don't understand The Great Taking as well, you can find it on YouTube. You can find it at my website at Peak Prosperity. I have a nine-part series on The Great Taking, going through it in great detail, because that's how I am. I'm a source information kind of guy. I like, you know, really diving in. The Great Taking, of course, is the book and outlined by David Rogers Webb.

It's amazing. Read that book as well. The Great Taking. You need to understand The Great Taking. It's really important. And once you do, you might go, oh, I should probably do something about this. But what can you do? It's tricky.

But we do have a Great Taking webinar series that you can find back at Peak Prosperity. And this is a webinar series that talks through seven specific steps you can take to protect your wealth from the great taking if you so desire. So that's who I am and what I do. Listen, education that leads to some sort of like conclusion that you can't act on. I'm not interested in that stuff. It's time to become resilient. It's time to become prepared. It's time to understand how the system has been made overly complicated

so we don't understand it, specifically so that they can raccoon our prosperity and our wealth away from us. That's how it's been playing out. There are ways to avoid that. But first, you have to understand the system. That's the context. That's what I do at Peak Prosperity. If you think this way or this resonates with you, you're definitely going to want to become a subscriber at Peak Prosperity because, well, you deserve to know what's actually going on. I'm an information scout.

I like figuring stuff out and explaining it in clear ways so that people can understand it. But then two, you need to be taking action around this stuff. I believe in being resilient and our community that we've, that's assembled around this also believes in that. Remember, hey, plant a garden. Remember, it doesn't have to be this way. And you know what? I'm going to go further and say it shouldn't be this way, but it is. So got to play the game. If, you know, we can't set the rules of the game, we understand the rules of the game at least. So that's what I do. Help us understand the rules of the game. I think something's going on with our markets. It doesn't smell right. And the AI data centers don't smell right, and we're going to have to understand what this means, what the implications are, and what we can do about it. So with that,

thanks very much for listening. We will see you next time, and I hope you got something from this. Leave your comments down below, and I hope you get something from this even more. To the point, I hope you take action. Bye for now.