The Prepper Broadcasting Network - Patriot Power Hour #312 - Silver $40; BTC $120K; Gold All Time High --- Financial Crisis Imminent?

Episode Date: July 23, 2025

Each week on Patriot Power Hour, Ben ‘The Breaker of Banksters’ and Future Dan explore the latest Liberty, Security, Economic & Natural news, providing the situational awareness needed to exec...ute your preparedness plans. Questions, Feedback, News Tips, or want to be a Guest? Reach out!Ben “The Breaker of Banksters” @BanksterBreaker on XFuture Dan@FutureDanger6 on X

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Starting point is 00:00:00 You Do you want statement of purpose should I email you should I put this on your action item list you decide your own level of involvement We are the prepper broadcasting network The You are now listening to the Patriot Power Hour, the newest show of the Prepper Broadcasting Network. This live episode features the situational awareness you need to practice self-reliance and independence. Introducing your hosts, Ben, the Breaker of Banksters, and Future Dan, the editor of futuredanger.com.
Starting point is 00:01:28 We are live. It is the picture power hour, July 22nd, 2025 episode 312. I'm Ben the breaker of Banksters. Future Dan will be joining me shortly. And we have, I don't know, kind of I'm gonna be talking to you starts one direction and Meanders and so many other directions like of the three hundred and eleven episodes. We've done up until today's episode 312 Each one's unique in its own way. I like going back in the archives listening to it by the way spoiler well, not spoiler more of a hint I guess or trying to gin up some Some interest in the future I guess. I guess I'll hint I Trump the Federal Reserve Trump. See when
Starting point is 00:02:45 it's the first time mentioned Trump in like 2015 2016. What was I saying? What was future Dan saying later on? Although some of the episodes was just before featuring Dan and I even started Patriot Power Hour together. So, I like going back
Starting point is 00:03:01 and listening to the archive for sure. Getting some AI to help me parse through the hundreds of hours of content. Actually good timing. Looks like Future Dan is here. Let's bring him on stage. Future Dan, what's going on? Yeah, we've got technical difficulties. We'll have to parse the course probably. We do have technical difficulties. You sound a little bit like robot though. I don't know if that's me or you. I would say try to speak one more
Starting point is 00:03:32 time and if it's still messed up reconnect Because I'm thinking. It is totally not viable at all. I'm sorry. So try to rejoin, reconnect from scratch, and we'll try to make it happen. If not, it's gonna be a pretty short show anyway, and I can ride solo, but hopefully we can get that fixed up. I'm not sure if I can ride solo that's too serious. The exercise that Intrepid Commander and I did went quite well.
Starting point is 00:04:29 I did have some lingering negative effects, hurt my shoulder a bit because I realized during the 12 mile hike, a few hours, or a few miles in, I unbuckled my belt strap and I never put it back on for some stupid reason. So for about nine miles and lots of uphill and lots of downhill, I was carrying 100% of my pack weight on my shoulders like an idiot. You should have 50 plus percent on your hips. And apparently I favored my left shoulder or maybe it was just a little tighter and it carried like 70%
Starting point is 00:05:06 of the way. I don't know. My right shoulder is not damaged. Left shoulder. I think I got a little bit of a bone bruise muscle strain. Nothing too crazy. Everything else healed up nicely, recovered nicely from that, from that hike. Make sure you got your hip belt, ladies and gents. These shoulders aren't meant to carry tons of weight future dad is back. Let's try to add him to stage future dad figures crossed Yeah sound check you is that any better? Yes. It's like it's eight out of ten Maybe seven and a half out of ten. Let me try to balance our audio so it's not too crazy I know in the past our ideas were a little
Starting point is 00:05:46 it's not too crazy. I know in the past our ideas were a little messed up when we go to this way but I'm going to bring your volume down to like 89. Try speaking now. Yeah, how's that sound Ben? It's really going to be hard for me to know but listeners can let us know. I think we're more balanced than we've been in the past and apologies for the tech issues folks. You know, it's summertime. We'll get this squared away. We'll get this squared away. Operating systems, browsers, stream yards, the app doing its own thing in ways you
Starting point is 00:06:19 don't expect, but we're fighting through it. Hey, by the way, I always cut off that waist belt when I carried a large Alice rucksack It was it was I I never wanted to wait on my lower back Okay, maybe maybe that is the more advanced thing or maybe I did something else Well, I paid the price but my shoulders hurt now and they did then, but just to be able to move with a large load in a somewhat tactical manner. Now I see the way backpackers do it, right?
Starting point is 00:06:57 Just kind of walking upright, trying to get point A to point B in a relatively moderate pace. But in the road marching world of US Army infantry, the point A to point B in a That's where I got a little bit little bone bruise on the collarbone probably something but nothing too bad but I I
Starting point is 00:07:33 didn't feel it for two plus days but right after the exercise, James was like, hey, your shoulders really swole up or maybe it was someone else. I forgot exactly who it was. What can I say but they were like, hey, your shoulder's kind of like red and look a little
Starting point is 00:07:50 puffy and uh that was it. So, but no pain at all for a couple of days after that wasn't excruciating but it felt like I wasn't sure if I tweaked it on something or whatever but over time, I think it was more of just uh yeah, my shoulder
Starting point is 00:08:04 wasn't conditioned to carrying all that weight, I guess. Yeah, there's a certain weight where nobody's shoulders are conditioned and it's going to damage him. Right, right and so anyway, overall is a good exercise. Good little good time
Starting point is 00:08:21 hanging out with everybody. Great food. If you guys haven't seen yet, definitely go get the review of the Greyman Pack. Very legit. Firewolf Forge is happening. Firewolf Forge is stoked about 120,000 Bitcoin and $40
Starting point is 00:08:39 silver. That's why I named this show. Firewolf Forge, let us know if we're a little better balanced in doing our best here solo production, but uh, hope all is well out there. Fire Wolf, uh, future Dan, where do you want to go? Uh, I know the news blitz is not, you know, not very heavy today. You want to just knock that out real quick or what's going on? Yeah, we got to two headlines. We got one or two or three one a couple regarding the the epstein situation
Starting point is 00:09:09 And I think uh some kind of space rock flew by earth pretty close again, but Not close enough to cause a disaster. That's it It seems like there's just so much news like the the the run of the mill political cable news conversation like there's headlines. So that's going on. But doesn't really rate as dangerous news on future danger. And I've been looking. Let's take a quick look see. Zoom in a bit. the the
Starting point is 00:09:47 the the the the the the the well, uh, it's been, which is a good thing, but for news, very, very busy spring and summer. So it's frustratingly good in a paradoxal way. If you're the editor of future danger, you're
Starting point is 00:10:14 looking at a lot of BS articles that don't amount to actual threats, but at the end of the day, there's a lot of blue on the screen. So we're safe and sound this July evening, I would say. the the Jones stead this past week. So good time to have a little downtime. Maybe number one number two prep on never stop prepping. Maybe that should actually be number one. But looking here at the news blitz to have a couple articles like you stated about Maxwell and Epstein all that DOJ announces imminent meeting with Maxwell House Oversight Committee to subpoena Maxwell for testimony. Security
Starting point is 00:11:10 point of view, Iran, nowhere to be seen, nothing about Iran, very different about a month ago. China appears to be holding a US government employee hostage is topical news there. Economically, we do have the price of Bitcoin, the price of the sausage is the the the the the
Starting point is 00:12:00 the the definitely next week. And finally though, there's your asteroid spotted. That's a very close distance. 0.03. That's 3% the distance between the moon and Earth, which I mean, that's pretty close. But how big was this asteroid? Let's take a look. Um, 2.7 to 6 meters. So 6 meters, let's just say it's like a short bus. Or a big truck or a short bus. I don't know. Something like that. It would wreck house, but it's not going to destroy an entire city or anything. No. Just a reminder. Pretty cool they could find that stuff, Space Nerd. And hopefully they can keep improving
Starting point is 00:12:50 their detection of asteroids. So if there ever is a dangerous one, they see it like 20 years ahead, not three months. So anyway. Well, the title of the indicator is Backdoor Asteroid Spotted, right? So a really large one. Come and add us from the direction of the sun where our sensors are weaker or it's
Starting point is 00:13:18 not technologically possible to sense. So that the breaking headline is there's a city killer or planet killer directly on path and it's hitting in 24 hours. That would be black on red for that indicator, right? A natural disaster no one alive has ever lived through. And I was just thinking about one that might come out of the sun's glare. And going back to November 6, 2022, they were talking about a large potentially hazardous asteroid.
Starting point is 00:13:56 But all considered, there have not been too many of these that have come through and struck, even very, very small ones, let alone city killers. the the the the the the the
Starting point is 00:14:22 the the these. There's a lot. Gosh, I can't count them all but 150 plus 200, maybe 100, at least 150 of these in the last eight years. And pretty much from one source, the watchers.com, great website for this. And also the criteria is it doesn't even make topical news if it's more than a lunar distance away. There's really big asteroids, but they're one moon's distance away, meaning they got pretty much no chance of hitting Earth. those aren't on I'm not going to would have have hurt anybody recently. Anything else you want to hit on with these articles? Maxwell and Ebsene with latest take on that. I know in the back channels you were given some thoughts as well
Starting point is 00:15:35 some research you had done. That was about a week ago. What's changed since then or is it just anything you want to hit on there? Yeah, that would have been a great show, but I kind of lost interest until at least facts change. Does seem clear that whatever files the FBI and the Department of Justice had on Epstein
Starting point is 00:16:03 seems there's a high potential that they've been Manipulated corrupted Can't be trusted Possibly, you know just Material was inserted to just frame Trump possibly material to frame other people too, so It's a real real impasse and I think it was naive to ever assume that Trump will just become president again and
Starting point is 00:16:28 all those documents will be you know, just available with the integrity that you know like any other court documents, right so Doesn't stop the fact that there's there's there's allegations that Epstein was a asset of Western intelligence and got a very light prosecution for that fact. But were the proof that's ever going to be obtained that everybody has to recognize and admit will powerful pedophiles be exposed? I don't know. the way Trump administration has been handling this does not on his face does not look great.
Starting point is 00:17:12 I certainly and he's expanded upon this in the last couple of weeks saying look these records were done. I'm not going to be able to get a lot of people to watch this because I'm not going to be able to get a lot of people to watch this the that's true but I don't know. We gotta see something with Maxwell being subpoenaed by the house oversight committee. Any take on that? Let's see when is that gonna happen? So we got a date on that? Yeah, I don't think a date's been set but so on the assumption, you know, there's lots of scenarios in play right now, right? But the Democrats did very strangely get suddenly interested in this, right? And then Trump had to fire Comey's daughter, who was to the you know was the prosecutor for for Epstein
Starting point is 00:18:27 so What's what was left behind what kind of scorched earth left behind? Documentation was there what kind of real documentation was You know if it was ever digital then it's probably You know if it was ever digital then it's probably Unless it was in a skiff and it was on a hard drive that literally was connected to nothing Then that could be destroyed, but if it went into the cloud in any way you know it could be deleted, but it can't ever be Entirely wiped out will will this administration get to the bottom of it? For all we know, behind the scenes that whole
Starting point is 00:19:09 You know dust up with Bongino was all an act It is a rope-a-dope It's a major gambit Trump's saying a bunch of stuff to keep his base, you know, you know confused and antagonized Because he needs that angst eventually. Meanwhile, major move by the Department of Justice to target Obama, Clapper, Brennan, the Russia hoax, especially bringing information before the FISA court to allow for all those wire taps. Trump called them wire taps. Democrats had a hard time with that.
Starting point is 00:19:52 They weren't literally wire taps anymore technologically, but everybody knows what wire tap means. So that's why I said it. So I think there's a lot of maneuvering under the surface right now. And maybe what you perceive as a sloppy handling of this is part of the gambit. I hope so. I hope it's like that. I presume it is. Once it gets to, once the swamp gets involved, I know Trump's tried to weed out the swamp and he has done that a lot better
Starting point is 00:20:35 than his first administration, but still it's like once you start playing these games, it's a pretty slippery slope and wait, wait, those games have been played within the swamp for the don't fall into it yourself. Don't become the abyss by looking into it. Yeah, or fight fire with fire. You can do that temporarily. That's where you got to hope. That's where you trust in the wisdom that he's doing the right thing. I mean, that's what he's saying.
Starting point is 00:21:18 Don't be a panic kid. Trust the process. We got other bigger things going on. And so if you truly trust that, then it works out. It's or, or, or the issue really isn't that important for when, you know, increasing the majorities in the Senate and the house and, you know, a year and, and a few months and in a raw power calculation, no one on his base that really, really wanted Epstein files to be released fully if they exist anymore or ever did. All those people are still going to vote
Starting point is 00:22:00 against Democrats no matter what. So maybe he's looking at the poll numbers, what it actually takes to govern. Well, it's a gambit, but that's what the real world is. Nothing's guaranteed. The gambit is to lead Democrats down a road where, you know, they're caught in an irreconcilable problem. Right. So right now they're all cheering for some of this documentation come out for Maxwell to testify. Trump is sending his former personal lawyer, one of them to, to, to interview Maxwell.
Starting point is 00:22:40 Right. So will the Democrats be so happy that they actually push for this in a few months either? to do. You know, you're going You got to keep that in mind. He doesn't have infinite credit to burn through. I don't know if there's enough people that would just throw a protest vote up like they did for Ross Perot and hand Bill Clinton eight years in the White House, which was a disaster for the country. Disaster.
Starting point is 00:23:19 I'm not at that point right now. And maybe I would be a good barometer. I think people are more savvy than that is that, you know, the safest move is to without a doubt, always vote for the candidate that has the best chance of denying Democrat power in that seat. But there could be, there could be, you know, independent swing voters still that, you know, are going to naively go with a third party in our system and essentially hand power to whichever, in this case it would be the
Starting point is 00:23:56 Democrats, right? Because the American party would, it would have to be 19 out of 20 voters for the America party would be, you know, you know, coming from a vote for Republicans, right? So. Yeah, it would be real hard to get 80 or 90% of Republicans over to America party and leave the old Republican guard behind. If anyone dreamed of that happening, that'd be very tough to do, pull off in four years. But at that point, you're just renaming parties. Well, we can leave the losers like Lindsey Graham behind. He might get primaried.
Starting point is 00:24:37 There you go. So we don't have to reinvent the party. We can reinvent the party with primaries. I like it. Yeah, it's the biggest confusion. We talked about on Page of Your Power, but the way we're set up with first past the post, the candidate with the plurality of the vote in most circumstances, seats in Congress is the winner. That alone makes it mechanically impossible to have a viable third party. And then if you're naive enough to compare us to European parliamentary systems, they do have coalition governments with third and fourth and fifth parties. It works in that system.
Starting point is 00:25:26 It just never has here. Don't think it can for long. So, yeah, I don't know what is behind all the recent moves for, you know, things that the president said about Epstein, but, you know, go back to, uh, you know, Muhammad Ali's rope a dope, get up on the ropes and let the other guy wear himself absolutely out punching, you know, wear himself out punching and then coming back. That seems like it's a possibility, but the, you know, the risk ofa-dope is you get knocked out while you're feigning. True. True, there's always that puncher's chance.
Starting point is 00:26:11 Good stuff. Anything else you want to hit on before we touch some economic indicators? Actually, we'll probably go to break before we do that, but anything else you wanted to hit on before we go to break? You talked about silver in the heat map dashboard. I guess you were asking why isn't it reflected on the heat map dashboard, if I understood you correctly. Let's take a real quick look while we're at it. Silver up to nearly $40, and in the past year to date, it's gone from $29 up to nearly $40 and in the past year to date it's gone from 29 up to 40. That in of itself, 50% or 33% increase in silver in seven months.
Starting point is 00:26:57 Gold very similar and of course Bitcoin big time. So I guess the question is, is the financial news not really reported on that as like a crisis or a problem, or maybe there's a delayed reaction. So maybe those type of articles are coming in the next week or two, or what do you think? I don't know, most of the column three economic indicators
Starting point is 00:27:23 are quantifiable, right? So silver's not reflected. Gold is, right? I mean, why would we track the second place medal when you can track the first place medal? So gold's not soaring right now. It just hit a five week high, but it's off of its all time high. But when gold's running up all time highs, that's where question about the trust in fiat comes in.
Starting point is 00:27:55 And that's why it's dangerous. You might own a lot of gold to be cheering a gold run, but it can be indicative of other bad things going on at the same time. We got no other news. It makes Silver's $40 handle. I guess it'd be interesting to discuss why, but there's no other news really out there accompanying it. The absence of news in the economics, one of the biggest non-issues right now is despite
Starting point is 00:28:28 all the warnings on tariffs and tariffs that have been imposed, we don't see trade declining in a highly dangerous way. Like shall we say like a pre-World War two decline in trade right smooth holly Those kind of tariffs that you know Historians point to is be like that's the type of environment you see right before you everybody goes to war in a world war, right? We're not seeing that so You know, I don't why silver spiking I'm glad because I have some but now it doesn't really rate on the heat map dashboard
Starting point is 00:29:07 is dangerous I don't think. Well with that let's go to break I'll answer some of those questions and talk about some of those comments and we'll finish out the show what do you say? Let's do it. Here's my question to you are you really going to build that kit? Look, it's 2025. It's time to get honest. Are you going to build out that get home kit? That bug out bag? Lima Tango Survival is the best value and the best quality, frankly, that I've ever seen in pre-made survival kits.
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Starting point is 00:30:52 Future Dan, I'll probably start talking about a couple of things you mentioned. How about that? We'll say that's a yes. A little quick technical right there. OK. I'm back up. that's a yes. We'll say that's a yes. A little quick technical right there. Okay. Yeah. I'm back up. Good. Good. Okay. So,
Starting point is 00:31:21 silver. Honestly, we always talk about interest rates. We talk about Federal Reserve and bailouts and debt but silver has an industrial aspect to it and there is just a reality that in the last several years the demand industrial demand for silver has been higher than the supply the new supply mind now that wasn't too much of a problem when silver was 18 20 24 dollars but now it's been skyrocketing another and this is a little more conspiratorial, but we've seen millions of dollars in fines
Starting point is 00:31:50 against JP Morgan and other banksters for manipulating prices. I've been doing a little research, and it seems that the ability to short a stock, especially naked short selling has run out for the banksters and any of their minions trying to game the system. The shares available to be borrowed in order to ship too short are out. That's kind of let's just say
Starting point is 00:32:20 the low hanging fruit for being able to short the market, meaning keep the price low, push it low, manipulate it so that it goes high and low and you're able to time it perfectly. You know, that's really what they're trying to do. They can make money going up and down if they know when it's gonna happen. That's pretty much what it is.
Starting point is 00:32:40 Anyway, I've seen just some indications in a couple YouTube guys as well talk about how they're out of those shares to short and they may not get more til silver's 50, 60, or 100, but really no one wants to sell their silver, especially the real physical silver. And here's the upshot. We always talked about paper silver versus real here's the real physical silver and here's the the upshot. We always talked about paper silver versus real silver. And the ratio between
Starting point is 00:33:14 paper to real has been growing. Meaning there's more and more fake paper silver for every real ounce of silver. That's just been growing and growing. And now they've hit a point where really what happened in the I believe it was in the 80s where there was that short squeeze on silver and it rocketed up from like seven bucks to 40 bucks in just a couple of years. Some are saying it's silver's poised to rock it up from 30 bucks to two, three, four hundred dollars because of the
Starting point is 00:33:44 short squeeze, all this manipulation coming to an end. You300, $400, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200, $200 you know, for for situations in, you know, very dire situations. But it is heavy though. So, you know, you don't want too much in your bug out bag. Let's say that. Yeah. I I don't know. Like, you're talking about running out of short options to
Starting point is 00:34:22 short. You're just silver, not generally, right? Paper silver, like the paper market essentially is run out of gas, and so they're not able to keep it down at 20 or 25 or 30 bucks. Partly that manipulations run its course for now, for now, and also the actual supply and demand from the industrial use is huge.
Starting point is 00:34:43 Yeah, I gotcha, I gotcha. It's very plausible to me. I saw an article today, you know, the whole meme stock, AMC GameStop, the apes and the guys posting the ridiculous losses just at a pure sport, borrowing money so they could make a big bet and then lose while they were trying to uphold the price and kill the shorts on GameStop. That whole phenomenon in 2021. I think I saw something that's, that's, that's on its way back. We're getting back to some
Starting point is 00:35:32 retail, you know, crowds coming up against the actual hedge funds, trying to short stuff again. Not sure what it means for the entire financial system, but we did cover that phenomenon the first time it happened pretty hard. Yep. And for those that are watching on YouTube, X or Rumble, the live video showing the GME GameStop stock price going back to November 2021. Real high level summary. GameStop was going bankrupt. Wall Street saw it as like uh the the you know, a lot of them just average just for fun said, let's buy GME because of enough of us crazy apes, those crazy monkeys
Starting point is 00:36:36 just burn 20 bucks or 50 bucks and we don't care if we lose it but if enough of us get together, all of a sudden, it's 5,000, 50,000,,000. And that'll screw Wall Street because Wall Street's like so over leveraged to drive this thing to zero, they think there's absolutely no way anyone would go against them. But these apes did and they drove the price from like $1.85 up to $120 in like a few weeks because everyone went crazy.
Starting point is 00:37:04 And it went from just a few thousand people doing this to all of a sudden like a few weeks because everyone went crazy and it went from just a few thousand people doing this to all of a sudden like a million people were doing this just to screw Wall Street. And then guess what? The stock exchange, all of them bankers said nope, we're going to close trading. You can't do this anymore. It's a fraud or some sort of crap. There's documentaries. You can go get the technicalities, but pretty much after that happened, the stock went from 120 bucks down to 10 bucks. So a lot of people got wrecked, but then it bounced back up, had another huge run up. They tried to get momentum again to 87 bucks, but it dropped whatever. I like fighting Wall Street like
Starting point is 00:37:41 this. Let's do it with actual physical silver, physical gold and Bitcoin instead of GameStop. I love GameStop as like a millennial freaking video gamer, but on the other hand, like this is not the right instrument to fight them with. And they still almost blew them out of the water. Some hedge funds collapsed or nearly collapsed and really they got bailed out in the end. Melvin Capital, wasn't it that was one of them. I forgot the only claps are almost claps or I You know it all mixes together, but that was definitely one of them Yeah, and ultimately it's the irrational economic activity too Which could do stabilize the whole system?
Starting point is 00:38:23 That makes it all interesting, right? So here's without getting too deep into it, there are now companies that buy Bitcoin and put it on their balance sheet because the US government has authorized Bitcoin as being a legitimate asset for companies to keep on their balance sheet. Instead of cash or other instruments, you can keep Bitcoin on there. Well, MicroStrategy and several others
Starting point is 00:38:51 have done that. MicroStrategy being the largest. GME GameStop was going to do that. They announced they were going to do that. Their stock went from, and hard to see here, but their stock went from, and hard to see here, but their stock went from like 25 bucks up to 35 bucks in like a couple days. Guess what? They did not do that. And in the meantime, Bitcoin went up like 60%. So GameStop stuck at 24 bucks, Bitcoin 120,000. If only it had just had bought Bitcoin or gold or silver
Starting point is 00:39:25 instead of screwing around with GameStop. You know, lesson learned, power to the people, power to the apes, but you know, I just think gold, silver, Bitcoin, and preps, prepping on, having some real physical land in your name, legally, all that as well. Claim your asset. That's how you can fight
Starting point is 00:39:49 against them better than trying to out leverage the banksters. That ain't gonna work. Yep. What about Jerome Powell? How's he's how's he doing in your eyes? Man, next week is gonna be one of the more dramatic rate cuts or potential rate cuts. Who knows of a long time. So we got to put it on the calendar. We'll be having the show right.
Starting point is 00:40:12 I think the night before the actual announcement one way or the other. So if he cuts rates by 25 or especially 50 basis points, then he may get a reprieve. What's that? His committee. Yeah. Well, he's the front man. He can't do anything. He can't do anything by himself. What I think you're going to see is the, the, the FOMAC, the FOMC, the Ford Ford open open market committee I got that right that it's always had this very Politburo feeling about it right if even if they disagree they rarely you know make it known And if there are dissenting votes, they hedge their words and explain it in the mildest terms, right? So it does come off like a USSR, you know, apparatus check kind of, you know, committee, which makes it easy for Trump to say that Powell
Starting point is 00:41:20 needs to lower rates. But in reality, you got to have seven out of 12 votes to make a decision. And what I think Trump's pressure is going to result in is, and he's going to appoint more members in the future, and he's not going to put them in there because they can neutrally evaluate the data. They'll be there with a political agenda. What you're actually going to see is the FOMC is going to become a political body and the boat's going to matter. And the dissent and the differences on that committee are going to matter. And I'm not entirely certain
Starting point is 00:41:59 that all this isn't a good thing. But it will destabilize. The first time we see what will be, the Bloomberg types will all say that it's dysfunctional and it's broken and it's politicized. There'll be a tantrum. Wall Street will have a tantrum. But in the end, I'm not sure it's a bad thing. that's a good get lost in the fold. I hope Trump does not do this. I hope PBN listeners won't be like this that hey, if the fed cuts rates by half a
Starting point is 00:42:53 percent and then the next meeting another half percent and then the next meeting another half percent and everything starts booming. That doesn't mean that the federal reserves like the good guys now because they're working with Trump. Like the fed is not the good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing.
Starting point is 00:43:08 That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing.
Starting point is 00:43:12 That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing.
Starting point is 00:43:16 That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing.
Starting point is 00:43:19 That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good thing. That's a good He said Trump should appoint no one. I like it. Do you think that would fly? What would possibly force the president to make a nomination?
Starting point is 00:43:36 There's no mechanism for that. Right, I don't know what the paperwork and the law says, Congress passed the Federal Reserve Act. I don't know what it says if that's even part of it. No, never anticipated. Really? The Congress changed the law. Congress had changed the law against the will of the president with supermajorities in both
Starting point is 00:43:59 houses. I mean, with enough political will, anything's possible. Educated the bankster breaker. But I agree. Well, I got right here, going back to silver, the silver chart. Look how crazy that was. What year exactly was that? January 1980.
Starting point is 00:44:22 Right when stuff was going crazy in the bond market to say the least interest rates out of control late 70s into the 80s that those were cut down. So, that was part of the reason and this is kind of full circle into hey, if silver's climbing back up to $ dollars of golds at nearly all time high. Bitcoin's at 120 K but our interest rates are not at 0% or 1% or 2%.
Starting point is 00:44:52 What happens when interest rates are cut if they're cut? Um significantly in the next year. Don't think silver is going to be going down in price. Don't think anything is going to be going down in price. So, that's something to watch. Yeah, more, more lower cost of to borrow money means there's more money, more
Starting point is 00:45:09 money chasing goods and services means increase prices. Pretty simple economics. If I had to totally depoliticize everything, I would say I would still like to have these interest rates where they are right now for another 6 months. We saw inflation start to dry up a little bit in the last reading. Let's confirm that we've had so much horrible inflation in the last decade. Let's just keep rates a little higher. Let the housing market deflate another 5-10% next year. A little more appropriate
Starting point is 00:45:47 and then consider maybe, maybe cutting in a little bit. That's just what I, if I was the Fed, if I just called me the Fed, that's what I would do. If I could totally, I would hold these higher interest rates a little longer. They're not even high. They're just normal. So keep taking our medicine. That's what not even high. They're just normal. So, keep taking our medicine. That's what I would say. I don't know. The people could convince me that we're so close
Starting point is 00:46:12 to imploding with the debt bubble that we absolutely have to go into overdrive. It's like if you're about to get sucked into a black hole, you have to hit everything possible or you're not going to get out. It may be too late already.
Starting point is 00:46:24 Okay. Maybe I can be argued about that future, Dan, but that's what I see. Yeah, I don't think you're looking at it the way Trump is though. No, definitely not. Again, a little more short term, but he may, I mean, he could be more, he could be correct too that we need to blast through this, but you know, there's some political aspect to it, but that's fair. That's what he is. So what we noticed during the pandemic was we had to get our surgical masks from China and our circles from China and increasingly foods imported to the United States of America, imported food, somebody my age, that doesn't sound right. Right?
Starting point is 00:47:09 Like, we gotta import, you know, basic proteins, cereals and grains. It doesn't make sense. We got the greatest farming capacity on the planet. Right? it. So redesigning our economy with a bigger picture of what national security is, bringing back the electronics manufacturer. If we hope to achieve that, sitting on top of high interest rates is like sitting on top of monetary policy designed to cause that to fail. That's how Trump looks at it. There's definitely a balance to it and I can see why he wants to push for a weaker dollar to get more US exports from for example maybe we could be more competitive on electronic
Starting point is 00:48:04 scene with a weaker dollar. Our dollar's been so strong. Again, this is kind of we're returning to the mean. Right now, I'm looking at five-year US yield yield on the five-year US instrument going back to 1988. It was 9.97% 10%, let's call it. It hit a low of 0.16% right around COVID, the summer of COVID. And before that, in 2013, it was essentially 0%, maybe like half a percent. So from 10% to half a percent that's 20 X
Starting point is 00:48:48 essentially that you know difference and now it's at 3.88% so it's really where it's at currently is about where always was between the year 1998 and right before the financial crisis. So if you remember like 98 to 2007, what we have now are normal interest rates. Now they're totally not normal interest rates since 2008. These are the highest and the rest of the world, especially in the past six months, they've been cutting rates. So ours are higher as compared to many others for
Starting point is 00:49:23 sure. So you know are higher as compared to many others for sure. So, you know, nerdy stuff. I love it but it's so important. So, many trillions of dollars at stake with this stuff. It's very impactful. Reshoring these industries is is with some of
Starting point is 00:49:38 the changes in tax code too. Being able to like immediately expense capital expenses when you're building factories That's what that's what trump's looking for right? You know just widespread industrial investment and It's smart too because if it happened our factories would be the most recent built on earth, right they they No one would invest their money to build a factory from the 20th
Starting point is 00:50:11 century model. These are going to be high tech factories. But if the cost of money stays at 3%, you just won't get as much of that as if it was cut. And that's really what's driving him. He'd also like to come back and talk about how the federal government's debt is starting to plateau, not hockey stick. He'd like to be able to campaign on that too. But it's just going to put more money into the environment and ultimately it's going to show up in inflation. Inflation in great things that you know if you own land now, it's going to inflate. If you old gold, bitcoin, silver now, it's going to inflate. If you don't, you're going to be poorer. That's a fact. As a fact, get some now if you already have some. Get more, don't sell it. First rule, gold, silver, Bitcoin, probably land,
Starting point is 00:51:06 good land too. Don't sell it unless you absolutely have to. That will be my financial advice. I won't tell you what to buy, but I'll tell you what not to sell. Bitcoin seems to me a little bit overbought right now. It looks like it could suffer a spike down. It has in its history, right?
Starting point is 00:51:29 So if the tariff situation draws out another tantrum from Wall Street or the firing of Jerome Powell for lying to Congress, which has been referred to the DOJ by a congresswoman. If you know, both of those things, Powell getting fired as chair, which by the way, doesn't necessarily mean he's removed from the board itself. But if he had any, you know, integrity at that point, he quit, quit all of it. But you might not, you know, those two things I could see getting, you know, Wall Street in a panic and the next time Wall Street panics, right. Bitcoin always gets a major discount. Good way to put it.
Starting point is 00:52:29 You gotta have your money on the exchange ready to go but you can get some nice discounts. Example, after the election last year, Bitcoin went from about 66 thousand to 108 thousand in just about a say don't sell the highs but buy the lows. Very volatile to say the least. I think if interest rates go down, Bitcoin's going up. If there is a financial crisis though, easy
Starting point is 00:53:12 come easy go, especially the Wall Street folks, ETFs, they would, you know, if there is a crisis and stock market crash, Bitcoin in the short and medium term would follow with a 20, 30, 40, 50% crash until the bailouts happen and then it's all bets are off. That's how I see it. Yeah, yeah. I've said before my strategy is next time there's bank failures, if the president does anything, you know, relative to power with a Federal Reserve that shakes the Federal Reserve to its foundation. Even if there's a meme stock phenomenon or other things like real facts about Epstein's client list coming out and powerful players on Wall Street are in it.
Starting point is 00:54:05 Any of that would cause a panic and in a panic, Bitcoin's liquid and people are going to need to cover their shorts and they might be immediately pulling money out of Bitcoin price drops, but you and I both don't expect it to ever stay there. I'm just saying there might be a serious window of opportunity if you have dry powder for that occasion. I think so. If there's one of the three that you can do that with more, it's Bitcoin.
Starting point is 00:54:36 Gold and silver on the other hand, I think just be a little harder to play that volatility. Just buy those at the bottoms. Future Dan, even a little harder to to play that volatility. Just buy those at the bottoms. Um future Dan, even though we had a short dashboard, I think we got through a lot of good stuff
Starting point is 00:54:54 today. Were there any other topics or thoughts you want to hit on for this 312th episode Patriot Power Hour? I don't think there is Ben but uh for the audience, thank you for listening. If we got heat map dashboards that don't really have threat indicators on, it could be more occasions where we're just going to pass for the week, but not for too long. And trust me, we're always looking.
Starting point is 00:55:21 We're always looking at emerging threats. Luckily, that whole security column has calmed down. We don't have riots this summer that persisted. Currently there's, you know, relative peace in the Middle East. So at any moment, you know, we'll be back on with Patriot Power Hour special, if it's called for. But yeah, this is a great time to enjoy life. know we'll be back on with Patriot Power Hour special if it's called for but
Starting point is 00:55:45 yeah this is a great time to enjoy life enjoy the fact that you know things are a lot safer than they have been for a lot of years. Absolutely great show I'll talk to you next week how about'll be able to do it. I'm not sure if I'm going to be able to do this in the future, but I'm sure I'll be able to do it. I'm not sure if I'm going to be able to do this in the future, but I'm sure I'll be able to do it. I'm not sure if I'm going to be able to do this in the future, but I'm sure I'll be able to do it. I'm not sure if I'm going to be able to do this in the future, but I'm sorry. So Thank you.

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