The Chris Cuomo Project - The TRUTH About Epstein’s “Client List”
Episode Date: July 17, 2025Chris Cuomo unpacks the truth about the Epstein documents and why so many people — especially in MAGA circles — feel betrayed. There’s no client list. No smoking-gun videos. But there is a cover...-up — just not the one you’ve been told. Cuomo explains who’s actually responsible for redacting the names tied to Epstein, why Trump’s inner circle stoked false expectations, and how conspiracy grifters continue to profit off your outrage. Cuomo also calls out leading voices on the left and right for weaponizing the issue without pushing for real transparency — and explains why the fight over these files won’t go away anytime soon. Plus, Dr. Kirk Elliott (Owner and Founder, Kirk Elliott Precious Metals) joins the show to help people cut through the noise and make clear-headed decisions in a chaotic media and political landscape. Follow and subscribe to The Chris Cuomo Project on Apple Podcasts, Spotify, and YouTube for new episodes every Tuesday and Thursday: https://linktr.ee/cuomoproject Join Chris Ad-Free On Substack: http://thechriscuomoproject.substack.com Support our sponsors: Get 15% off OneSkin with the code CUOMO at https://www.oneskin.co/ #oneskinpod Try 120Life with a 15% discount using code “CHRIS” at checkout on http://120life.com. Enjoy free shipping and get your money back – no questions asked – if your blood pressure doesn’t improve within two weeks. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcript
Discussion (0)
You want to know all the answers to what's really behind the Epstein situation and what's still out there to be known?
I have them.
Chris Cuomo here. Welcome to the Chris Cuomo Project.
Why do I have the answers?
No, not because I was close to Epstein.
I don't think I ever met the guy.
I don't know anything about him.
I never was around him.
I know people were circulating phony manifests
that I or my brother were on his plane.
This is all bullshit, which is a big part
of the Epstein story is the bullshit.
So are there real things and real answers?
Yes, and I happen to have them.
Now, I wanna talk about all of it though, all of it.
Meaning what?
So why are we here?
Why are we in this moment of people on the right
and some on the left being upset
about how the Trump administration is handling Epstein.
Because the Epstein matter isn't just about one scumbag. It's not just about one potential
child trafficking ring. It's not even about one example of a two-tier justice system. The Epstein situation is a metaphor
for so much of the grievance against the elite,
the system, the establishment,
and the institutions that protect those things.
That's what Epstein is for a lot of people,
especially in MAGA.
Of course, the child trafficking piques interest.
People care about kids.
They care about kids being protected.
They care about kids being exploited.
But they are also susceptible to conspiracy think involving human trafficking because
they've been fed it by the right fringe on a regular basis.
Pete Seguin, Clinton, the Democrats, Anderson Cooper, all this bullshit.
So people were susceptible.
And Epstein is a metaphor for the powerful, the establishment, getting away with things,
having the system work for them.
That's what it means.
And that's why it was so powerful for Trump,
who was seen as part of that world,
to become an alleged fair broker and say,
look, I know these people, I know Epstein.
And he certainly knew Epstein.
He said nice things about Epstein.
He partied with Epstein.
He knew Epstein.
Now, is part of the collapse in the transparency pledge
because of Trump's own personal involvement?
My answer is 80% no, 20% yes. Meaning what? 80% no meaning I know a lot of people involved in
this investigation as victims, as lawyers, as alleged, as the accused, counsel on both sides,
investigate.
I really have very deep sourcing on a story I really have never been that fascinated with,
to be honest.
So is there proof that Trump was a friend of Epstein?
Absolutely.
Did he party with him?
Absolutely. Did he party with him a lot?
Absolutely.
What about those pictures about him with underage girls
and his hands on them with Epstein?
They're fake.
They're fake.
That's what the investigators believe.
That's what the lawyers for the accused
and for the accusers believe.
Okay. Well, what about the videos? There are no videos. and for the accusers believe. Okay?
Well, what about the videos?
There are no videos.
Well, no, there are some videos.
There are videos of Jeffrey Epstein abusing women.
No, there aren't.
No, there aren't.
What there are are that after an alleged break-in
at Epstein's house, there were cameras put
in the living room, not in the bedrooms,
not in the bathrooms.
It wasn't that he put them in as some type of syndicate of spying, but they were in the
living room and they did capture certain things.
Are they of kids being abused or sexually assaulted or sex or anything like that?
Not to anyone's understanding that I have spoken of.
Oh no, but I heard that Tim Pool and I heard Benny Johnson, these people are full of shit.
Now, maybe it's innocent, maybe they really believe it,
maybe they've been sold on this.
I don't choose to believe that.
I choose to believe they're profiteers
and they're provocateurs and they're playing you.
And they do that a lot in the MAGA media.
And I think the Epstein thing is a great riff.
Look, the interesting thing about this story to me
is to show that MAGA is bigger than Trump.
As the populist movement that is emerging
as its counter on the left is bigger than AOC or Bernie
or the upstart, Mom Donnie, who wants to be mayor
in New York City for his first real job,
the grievance is real.
And I don't mean to disparage any of these people
when I say they are the mascot of the movement.
I'm just indicating not that AOC is bad,
Trump bad, Bernie bad, Mom Donny, none of that.
They are mascots because the movement is bigger than they.
That's all I'm saying.
MAGA is bigger than Trump. And you're seeing
it. You saw it a little bit on the vaccine, where he created the vaccine. He believes
in the vaccine. He took the vaccine. He has listened to the experts about the science
on the vaccine. He believes it was helpful in the beginning. And MAGA disagrees with
almost all of that in the extreme, on the extreme aspects of MAGA,
but they had to swallow that.
This they're not gonna swallow.
Why?
Because metaphorically it's huge for them.
So, well, what do we know?
Okay, here's what we know.
Is there a coverup?
Yes.
There is a coverup of information related to Jeffrey Epstein, his associations, and
allegations related to those still those same associates.
Wait, so there is?
Yeah, there's definitely an intentional concealing of information.
Now here's the weird part.
It's not by the Trump administration.
And I don't know why they're not telling you this.
I really don't.
I've been reaching out to A.G. Bondi.
I always had a solid relationship with her.
I'm reaching out, Ro Khanna I'm gonna talk to about this,
the Democrat, because he's got a bill
to release all the information.
There's gonna be a problem with that, by the way, because he's got a bill to release all the information.
There's going to be a problem with that, by the way, which I'll get to in a second, but,
and it's a real problem, it's something to think about.
But I don't know why Roe or Bondi or Trump or Bongino
or Patel or any of these people are telling you
who's concealing it and why.
And no, it's not the FBI, it's not the deep state.
Okay, that's the boogeyman bullshit
that these people are selling you to,
you know, profit on their podcast.
Two separate judges in New York,
concealed, redacted, okay,
the names of accusers and accused.
People saying things were done to them
and people who are accused of doing things to other people.
Why?
Two different reasons.
One, the accusers are seen as victims,
so they are protecting the identity of them.
The people accused are being concealed.
Why?
Because their lawyers argued, and one, that absent full investigation of any of the allegations
releasing their names would be highly defamatory, and none of the allegations wound up being followed
up worthy of prosecution.
So my question then is, well, if none of the accusations ever amounted to anything, why
can't you release the names in that context?
And if the allegations never amounted to anything,
why are you assuming the people
who made the accusations are victims?
If they were investigated and found lacking,
how are they victims?
I know that works for me too.
I know that works sometimes civilly.
I know that works for cancel culture,
but that doesn't work for the FBI
or the adjudication
of crimes.
So that explanation is lacking.
Why won't they release what they've redacted, which is part of an FBI document?
See, that's where the FBI is hiding it comes from.
Remember, it was suggested to Cash Patel or by Cash Patel
that the FBI had all these files
that they were keeping from them.
That was bullshit.
Like Bondi saying, it's on my desk.
As a matter, it was on her desk.
She did not have a client list on her desk.
You know why? There is
no client list. Who says? Who says there's none? Now, first of all, at least you're asking the
right question. The wrong question is, prove to me there's no client list. I mean, when are we going
to get out of this conspiracy think bullshit cycle? That's not how burden of proof works.
Bullshit cycle that does not how burden of proof works
Okay proved to me that you didn't commit to crime only in military justice. Do they do that? Why?
Well a historical hyper emphasis on the hierarchy and if officers say something happened their word has to be law Even if it's wrong
So in our civilian justice system, it does not work like that.
The burden of proof is on the prosecution.
The defense needs to say nothing,
needs to say nothing.
They don't even have to put on an affirmative case.
They don't even have to counter the witnesses.
They have the opportunity through the confrontation clause
of the Sixth and Seventh Amendment.
They have the right to speak themselves on their own behalf
or not, Fifth Amendment.
But due process does not mean that you have to prove you didn't do something.
That is this very convenient, ridiculous standard that conspiracists like.
Prove to me that Epstein's not a Mossad agent.
Okay, here's what we know. No client list. Epstein said he
didn't have one. And when they were investigating him, he wasn't able to produce information about
other people that would make them interested in anyone but him. Okay. And that's when people put
up. Galaine Maxwell, you don't think if she had information about other people that could have helped her she would have brought
it up already as she rots in prison which may or may not be even a fair disposition of her own case
and level of involvement lawyers for Epstein multiple say no client list wouldn't they wanted
to know yeah they would have used it as they would have
used videos, as the videos would have been part of discovery, as would have been the client list.
So if multiple lawyers tell you they never heard of any of these things, why would they be part of
a cover-up? It worked against them not having these things in play. All right, who
else? Lawyers for accusers who receive settlements through the global fund. They got measures
of discovery. Guess what they say? No client list, no videos of women being abused.
So where does it come from? Who cares?
It's not true.
And did Bondi feed into it?
Oh yeah.
Did Cash Patel and Bongino feed into it?
Oh yeah.
That's a big part of this story,
is that you chose to traffic in this stuff
because it's profitable and provocative.
I've had multiple people explain to me that I
should be easy on Cash and Bongino because they were just operating as entertainers then.
On podcasts, you're just entertaining. I hate that explanation. It's so disingenuous. It's
such a fraud. And I've seen it used before. Tucker Carlson and Alex Jones both had their lawyers in civil matters
stand up and say, my client should not be taken seriously.
So he can't slander or defame somebody because he's not being serious.
He's not being factual.
In Alex Jones' case, the lawyer said he's playing a character.
In Tucker Carlson's case, they said he is not to be seen as being taken seriously.
He's not talking about facts.
Alex Jones is an entertainer.
Well, when is this going to be accepted among and within MAGA?
When are they going to stop using these people as some kind of touchstone of what's relevant
for conversation.
Very frustrating, very misleading, because I've got to tell you, the people who listen
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They take it as fact.
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So is there a client list? No. Is there a cover-up? Yes. How? There are names of accusers and people who were accused
that were concealed by two judges in New York.
So why doesn't Bondi tell you that? I don't know.
I think that they're a little tripping over their own feet
because that's something they should have said early on,
and they gave a false promise that they were going to deliver on this.
And it's not going away.
And I don't think it should.
And I think the media and I think the government
should pursue legal applications
to have the information released.
Now, that's gonna be touchy.
Why?
Because what you want is the big
name celebrities and Clinton and Trump and whoever that you can say, oh look
they're scumbags too with Epstein. They were being they were being protected, not
anymore. I'm getting my my measure of justice. That's not who we're talking
about. Okay? Are there some big names in
there? My understanding is yes. Like current people who are relevant? No. Some
of them are dead. None of them are in office right now in any significant
capacity. Well, then why wouldn't you just release them then? Well, because their
reputation is going to be badly damaged unless it is released
within the context that these people were found to have done nothing wrong. Now, I don't know
that the FBI did enough investigating to say that. Trump is not wrong as president of the United
States to be sensitive to this. Now, is part of the reason that he's being sensitive
to protecting people's identities because he's one of them?
No, but that does get us into the 20%.
Remember I said 80-20?
It's not about Trump and protecting him.
80% it's not.
There's nothing to protect him from with Epstein
other than the fact that he was friends with him,
but everybody knows that.
And then he said good things about a guy
who was a piece of shit, but everybody knows that. And then he said good things about a guy who was a piece of shit, but everybody knows that.
The 20% is that he does seem sensitive to the interests
of rich and powerful people.
And I think that's because he has respect
for rich and powerful people.
I don't know, some of you will think that's a bad thing,
some of you will think that's a good thing,
I just think it's a thing.
I don't have a problem with it.
I would hope that you respect people regardless of their means, but okay.
And I think he is sensitive to people having shit said about them when it isn't true.
Now, is that a little hard to swallow?
Yeah, a little bit.
Why?
Because even though that does sound like the President Trump that I know away from politics on a personal level,
it does not sound like Trump the politician
who has no problem smearing anybody
with stuff that he often knows is not even close to true.
So why would he care about these people?
Well, he doesn't see them as political rivals.
They're not coming after him.
So maybe he's got a different level of civility about it.
Now, do I think the name should come out?
It's not an easy call.
I mean, it's an easy call.
Yes, it's not going to hurt me.
It's not going to hurt anybody I care about,
but that's not really the right standard.
Should accusers' names come out if they don't want them out?
Look, unless they're minors, there
is an argument to be made that yes, especially with where we are culturally
and how many false accusations have been made and how many people have gone down
on the basis of an allegation, not legally, look, look at Diddy, okay? You know,
look at, you know, other cases we've seen where you try to prosecute somebody for
these things.
It's not as easy as Me Too, as cancel culture, which is just a crowd-sourced consequence
of how people feel based on who knows what level of information.
So we've seen an allegation is not enough in court, and that's the way it should be.
You should have to corroborate and make proof beyond a reasonable doubt, meaning no other
story makes any sense except this one.
No story makes better sense than the one that the prosecution is telling.
So why wouldn't you want the information out?
Well, if the accusers don't want it out, you got to think about that.
If they're adults, you don't have to think about it as much.
If the accused are going to be flogged
as having been accused of something
and the context isn't handled right,
that nothing ever amounted from these accusations,
I still think it's going to be damaging for them,
but the record is what it is.
I've had accusations about me put out
that are complete bullshit.
That's the way public life goes.
Now, they could say, well, I didn't sign up for public life.
I'm a private individual who was at a party
and I got falsely accused by some woman looking for money.
Okay, maybe that's the case, maybe it isn't.
But I do believe there should be litigation on this.
You should petition for the information to be unredacted. The judges' rulings do not
necessarily have to stand. I think the media should be involved in this, but more importantly,
I think that the Trump administration should be leading this. They're the ones who promised.
They're the ones who aren't being open about what happened. And that's why Epstein matters. It's
not just about what the far-right MAGA people want, which is the names of the rich
and famous who are part of a pedophile ring.
That's what's been sold to them.
That is almost 100% bullshit.
Why almost?
Well, because Epstein's a scumbag who was involved with underage girls and is a monster.
Oh, well, so is Ghislaine Maxwell.
I don't know that.
I really don't know how much she knew.
I don't know that she's not just a fall guy
because Epstein's gone and they needed somebody.
Now, what else do I know that you wanna know?
Was Epstein murdered?
Nobody believes that.
Nobody with any knowledge of the case on any serious level
believes that they could show that beyond a reasonable doubt,
that they could show that to any reasonable level
of proof-based satisfaction.
So then it was just a suicide?
No, it may not have been just a suicide. Why? There is a set of circumstances
of convenience that surround the suicide that are suspicious to me. Suspicious of what?
That someone helped Epstein. You mean they killed him? I don't know that anybody killed him.
But the cameras being on and off
and the people not being aware,
there are just enough things that lined up
that it seemed that there is a chance
that Epstein wanted to kill himself,
was afraid he wouldn't get away with it,
and he made sure that he'd be left alone to do it.
It's a little bit of a stretch.
I would not want to bet my life on this theory,
but that is the best I've been able to put together
in terms of what people with knowledge
of these circumstances suggest.
They do not suggest it was a murder.
They do not suggest that there's any proof
that there was a homicide on any level.
They are open to the suggestion that the cameras
were intentionally off.
Do we know that as a matter of fact?
No.
So what is the truth?
It was a suicide, maybe an assisted one.
There is no client list,
but judges did seal
names of people who made accusations and people who accusations were made about.
And that necessarily does not have to stand.
And the Trump administration knew that when they were telling you they were going to release things and knew they couldn't.
And they are guilty of that.
Trump should have stayed a 100 miles away from this.
Of course, he played with it during the campaign
because it worked for him.
But his people now own it.
The left playing with it is stupid
and is proof of our poison politics.
Hakeem Jeffrey should not be talking about Epstein.
And I'll tell you why.
He's got way bigger problems to deal with
for the American people that matter a lot more
to the many and not just the few.
But why isn't he asking for them to be released?
Why hasn't he ever asked for them to be released?
The Biden administration had these files.
Merrick Garland never did dick with them.
Why?
If it's so bad for Trump,
but they're lying and concealing and all that, why don't you
ask for him to be released?
Why don't you go and petition the court?
He says there are two options.
One, that they are, that they lied, and two is that there's a cover-up.
Well, what about three?
Which is the truth?
Which is what I just said about the judges redacting the FBI document?
Do you really, does he really not know that?
As the lead Democrat in Congress, really?
And you're talking about it in public anyway.
And just assuming perfidy on the part of a presidential administration, that's convenient.
And look, AOC, same thing.
What's the chance that a rapist would complicate
releasing the Epstein files?
Donald Trump is a rapist.
Yeah, Eugene Carroll, he was found to be a rapist.
No, he wasn't.
Now, is it a little bit of a semantical difference?
Yeah, but it's a real one.
And as a lawmaker, you should probably respect it.
And George Stephanopoulos and ABC News got jammed up pretty good
for calling him a rapist and I was actually pretty surprised that he didn't
go after AOC for it. I think the words you use matter. Now is
it a semantic difference? Yeah, he was found liable for doing
really disgusting things to E. Jean Carroll by a jury.
Should that matter?
Yeah, did it?
No, not really.
Is that sad?
Yeah, to me it is.
But we are where we are.
And there are things that matter a lot more to people.
And I don't fault them for that.
The pain is real in this country.
The fear of destiny or a misguided destiny is real.
Affordability is real.
Culture issues about what we're about and who we are are real.
I care about those less so
than I do the affordability issues.
And whether government is for the people and by the people,
I think those matter much more than a lot of the other things
that we spend time arguing about
because they matter to the many.
And I am much more pre-possessed with issues
that matter to the many than those which are a fascination
of the few and not just because it's alliterative
and not because I don't care about minorities or minority rights or interests. Our country's set up to protect the minority, but
that's being abused in our politics. It's not that we're talking about civil rights. We're talking
about Epstein files. Okay? And Epstein files aren't going away, but that's not necessarily a good thing. Now I'm okay with it because they put up
and then they shut up.
They put up that they were gonna release these things.
And after they knew that that's not how it was gonna go,
they kept on promising it.
And they are people who trafficked in this.
And I think there should be a price.
There should be an accountability.
And I'm glad that MAGA is, or, you I'm not mad, I'm glad I'm, I'm impressed. I'm impressed that MAGA is pissed off at Trump
and Co. They should be. You have been poorly served here. You've been bamboozled. You've
been led astray. You've been run amok. And all the other things that Malcolm X said you've been had you've been took
Bamboozled let us stray run amok
There is no client list there are no videos
There is no list of some bodies who are partaking in disgusting things
with
Epstein there are names of people who were, some of whom you might identify or recognize,
and they have been redacted by judges, not by the administration, not by the DOJ, not
by the FBI, not by Trump, not by the left.
Judges.
And it can be undone, and it should be argued by the media and by the administration and
lawmakers on the left and right, as far as I'm concerned.
Do I know what the right outcome is?
No, not really.
No, not a hundred percent.
To me, I always err on the side of more and better,
but I know it's not going away
because MAGA has been deceived about something
that matters to it and not just on the petty level
of this prurient interest,
this vicarious appetite to see big shots go down,
but it's about accountability,
especially where kids are involved.
That there's one system, that there is fairness under law
and that she is blind as justice.
And that that's what Trump was supposed
to represent to people. Look, I know some of you are rolling your eyes what Trump was supposed to represent to people. Look, I know
some of you are rolling your eyes like Trump was supposed to represent. Listen, we had an election,
he won. This is a reason people voted for him. And he didn't deliver on it. And it matters. And it's
not going away. And him telling people to leave it alone isn't going to work. It's not. And damn
Bon Gino, if he wants to quit and go back to being a pod guy, I guarantee you he
starts selling that there's more there than they want you to know.
Guarantee it.
Now I'm not besmirching him.
It's just what works in that world.
And he's already invested in it.
I met him once.
I found him to be a decent guy.
And you may say, fuck you, I hate him.
That's fine.
People feel the same way about me.
I don't care.
I can't use how you feel about people
to inform my own feelings.
I have to go on what I know and what they show to me, okay?
And I think you should do the same.
You shouldn't form your opinions about people
based on what I tell you about them.
You should check it.
You should make sure it's accurate. You should make sure it's fair, and you should see what context you can put
together yourself. But there is information about Epstein and the people around him that you're not
being given, and there is something that can be done about that. And I don't know why the administration
is not saying it, and I don't know why they're not doing more about it, but we're going to stay on it
because that part matters,
because it was made too much to the American people.
And now it's got to pay off one way or another.
And there has to be accountability.
But Epstein is not going away.
And I don't think that the left should pick up the mantle unless they're
looking to go to court and get the names released.
If they're not doing that, then they're just part of the problem.
That's all.
And they're just fanning the flames
of the fires burning within the MAGA world right now.
Now there's one other thing about Epstein that matters.
Epstein is still being used as an article of convenience.
Have you noticed that this splinter group within MAGA
that has a weird ally in the fringe left.
You now have Tucker Carlson lining up
with like Cenk Uygur on the left fringe.
How so?
Epstein is now a Mossad agent.
Trump is now protecting these people
because of Israel's telling them to.
What the fuck?
Where does that come from?
Nowhere.
But Benny Johnson and Tim Pool and these other guys, they're trafficking in it.
Why?
Because they're going to use it the same way they used it before.
They used it before to bash the government, to have you distrust the institutions of government
and only trust them with their little ski hat on
and their little tight shirt. Now they're using it for you to be anti-Zionist. The same people who didn't want Trump to bomb in Iran, which I understand and I think the process of that was
perverted and Congress should have had a role in it and didn't and they're a bunch of pussies.
But those people who are against foreign engagements,
who are the real nativists, the real nationalistic fuck everybody else, America first and only people
do not like Israel, do not want us involved in Iran, do not want us involved in Ukraine,
and they are going to use Epstein as a wedge issue on that. How? Epstein's dead by saying he's a
Mossad agent, by saying this is about Israel. Epstein lives as a wedge issue
until it is finally put to bed. And Trump isn't doing that and his people aren't fighting for it
as far as I know and I don't know why. Those are all the best and most complete?
answers and the most relevant questions
surrounding the Epstein files
Those are the right answers. Those are the best answers. They may not be the most satisfying
but
they are true or
More true or closer to the truth than anything else that I've
heard out there. And it's not going away.
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Look, I think we should be more focused on what matters to the many and what's influencing
affordability and what's influencing real grievance than these pet issues and peccadillo
like Epstein.
Is there an accountability issue, a transparency issue?
Yeah, there is. But a lot of
that has been hyped up. And it distracts us from what really matters. For example, and I want to
use it as a pivot. While we're talking about this, we're not talking about what's happening on Main
Street in the economy. We're not talking about small businesses. We're not talking about what we see in the job rate. We're not seeing the impacts of interest rates on consumer debt and people.
So what do you focus on?
What are you supposed to be asking about and researching and paying attention to when there's
all this noise and stuff being brought your way?
That's why I partnered with Dr. Kirk Elliott of Kirk Elliott Precious Metals.
His head on what matters,
what he's looking at as an investor,
what stories, what narratives, what themes,
what data matter to him in making investment decisions
and his advice to the rest of us
about how we stay focused on our finances
in this machine of noise that we're all trapped in.
Here's Dr. Kirk with his take.
Dr. Kirk, let's see if you can help me figure out
how to deal with what's happening all over us,
which is people get paid to stir you up.
People get paid to provoke you.
And online, we're more and more receptive
because we're more and more living through our phones.
And I'm sure that you have gotten an increase
in contacts of people saying,
hey, I heard this, I need to do this now,
or someone said that this is gonna happen,
or I just found out this conspiracy theory.
There's so much propaganda going on,
so much misinformation.
From an investment perspective,
what should people pay attention to and what matters to you?
You're the king at asking really hard questions
and good ones, which is great.
So, but you're right.
Our phones ring off the hook
with people asking that exact same
thing.
So, people are people, right?
And people are emotional creatures, which we all want something to believe.
All of us, right?
Whether it's a conspiracy theory or whether it's a Pollyanna moment where it's like, oh,
I'm just going to put my head in the sand and if I keep it down there long enough, the storm will go over
and I'll pop back up and everything is going to be just fine.
Everything possibly isn't going to be just fine economically.
If you do something right though, if you act accordingly, you can withstand the storm.
In fact, you can
thrive during the storms. Like for example, when interest rates are going up, you don't
want to be in bonds because the price comes down. When interest rates are going down,
the price of bonds goes up. It's like, look, that's a great time to be in bonds. If you're
holding a bond for interest income, well, you don't want to lock in
a 30-year bond when interest rates are 4%. You'd want to do that in like 1983 when they were 18%.
Right? So, but people have this perception that, oh, when stocks stink, let's go into bonds. When
bonds stink, let's go into stocks. Chris, what about when they both think at the same time together,
because we've got an inflationary environment
with this geopolitical conflict globally.
Nobody knows what's gonna happen.
And when people invest,
they want consistency of future expectations.
They want to be able to know,
let's just say you're investing in any stock,
Microsoft, I'm just making up. It's like, Oh, I love their management. I love their
products. Everybody's using them. The economy is booming and I'm going to invest in this
stock because five, 10, 20 years down the road, I want my retirement to grow. I'm not
picking on them as a company. I'm just saying, just pick the name, right?
But so let's now say there's some kind of a hurdle. There's a war in the Middle East.
A bunch of jobs get laid off. What about all the tariffs and all the talk of that? Is that
good or bad? Is it really going to drive income into America? Are we going to be able to get
rid of our taxes because terror and you know, IRS taxes because tariffs are going to pay for them instead?
Nobody knows. Right.
So so when you think of that, it's like.
There's a bump in the road here.
I'm going to pull back the reins.
I'm going to sit in cash because I don't I don't want to invest if I don't know
what the future looks like.
Well, here's the problem.
because I don't want to invest if I don't know what the future looks like.
Well, here's the problem. We've got banks where liquidity is, they're starved for liquidity.
Banks are undercapitalized because since COVID, you have more withdrawals going out than you have deposits going in. That's what happens when people lose their jobs
and when their wages aren't keeping up with inflation.
Well, this is why banks fail, Chris,
is because you've got more withdrawals coming out
than deposits going in,
and banks are investing in the same things that we are.
Well, what if it's just on large scale?
Well, what if that's not doing so high?
Banks are gonna fail.
I'm seeing what's coming next in this economy is, is a cycle of bank
failures, maybe even much bigger than Silicon Valley bank, signature bank,
credit Swiss first Republic, when the one they all went down a couple of years ago.
Um, because we've got this.
Crisis happening.
So, so here's where I say, well, don't, don't have too much money in the bank if you don't know that
they're going to.
So when people don't put money in the bank, it's going to exacerbate that problem.
So what do we do?
What do we do?
Tangible assets, things that are real, whether you're talking about land, real estate, gold, silver, things that are tangible
and never go to zero, right?
Because there's an intrinsic value to them.
Now, I wouldn't necessarily look at real estate as a phenomenal investment right now, even
though it's tangible, because you have to borrow to get it.
While banks are running out of money.
The propensity for them to lend out money is not going to be there, which is why
real estate is coming down.
So tangible assets that you don't have to borrow for gold and silver.
I love it.
Nobody, nobody takes out a loan to buy gold or silver and, and gold or silver
have no political, um, risk to it.
There's no counterparty risk, right?
Even if a currency like the Russian ruble is going to back their currency with gold,
let's say, well, the ruble can fall out of favor.
You can have exchange rate risk, political risk, people might start freezing their assets.
But if you own the asset that they are backing their currency with, there's no counterparty risk to it.
It is what it is.
So I always look at things in their simplest form, buy what people want, right?
When that's increased demand, that'll cause supply to come down and prices will go up.
And then when they don't want it anymore, it's going to be at a high point.
So then you sell it at the high point.
This isn't rocket science, Chris, but you have to understand how the puzzle pieces fit
together politically, economically, socially, people's worldview, their perception of the
future, their confidence or lack thereof.
When you add all that together, it really becomes kind of easy to determine
what is going to go up, because these are big macro trends,
way bigger than you and me, way bigger,
and we just identify them.
How hard is it for you to deal with clients these days
who are taking in so much political stuff
and so many versions of reality
that may or may not be true?
It becomes harder every day because
most people are becoming podcast junkies
or news junkies, right?
And they go from your show to somebody else's,
to somebody else's, to somebody else's,
and they're watching maybe 15 different narratives all in the same day.
And what people have to do is start to identify which one of those narratives
has been right most of the time.
Who do I trust and continue to listen to them, amplify the time and magnify the
time you're listening to that one and start to get rid of some of the rest.
Because that confusion, that noise is start to get rid of some of the rest because that confusion that noise is gonna cause you to
ultimately
Get confused and stressed and not make the right decision because he said this she said that I don't know who to believe anymore
I'm just all over the place, right? So so I just tell people sake. Who do you like?
Who has tended to make the most sense to you in the past and currently what's resonating with your heart?
And then I encourage people just listen to them, right?
Because too much noise will cause confusion.
Confusion causes people to make bad decisions.
Well said, Dr. Kirk, appreciate it.
My pleasure.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah. Yeah. Thank you to Dr. Kirk for helping us keep it straight in this ever more confusing and
noisy world with all these narratives and false narratives and what we're supposed to
pay attention to and what's true today is untrue tomorrow.
So thank you for a little bit of clarity there and thank you for going along on the ride with me here at The Chris Cuomo Project.
Thank you for subscribing and following, checking me out on Substack.
Every Thursday I'm going to do a live there with somebody and if you are a paid subscriber,
I will address your questions and I will ask them to our guests.
So thank you for that.
Thank you for checking me out at NewsNation AP and 11P every weekday night.
And thank you for being an independent critical thinker and wearing your independence
with your free agent gear.
The more you buy, the more money we have
to give away together.
My brothers and sisters, the problems are real.
We know the approach.
Let's get after it.