The Trish Regan Show - 🚨 The World Goes MAGA! Starmer RESIGNS, Colombia Elects 'El Tigre,' Meloni REELS | Trish Regan Show

Episode Date: June 22, 2026

The whole world is going MAGA. From Latin America to Europe — the socialists and globalists are being replaced by Trump styled conservatives. Colombia just elected ‘El Tigre’, the UK’s Kier Starmer resigned this am, and Italy’s Giorgia Meloni is struggling after turning on Trump. Plus, we’re seemingly quite close to a final Iran deal but what are the risks? Plus, special guest Hans Humes, founder of Greylock Capital -- responsible for the restructuring of some of the world's most challenged economies -- joins the show with his reaction to the Colombia election and what it means for the region. Join me live for these stories and more! ✅ Help support independent journalism — become a TRISH TEAM member: ▶️ https://www.youtube.com/channel/UCBlMo25WDUKJNQ7G8sAk4Zw/join ✅ Get my newsletter and start investing today! Https://76research.com ✅🔔 CHECK OUT MY NEW SPOTIFY SHOW AND PLEASE SUBSCRIBE FOR FULL DAILY EDITIONS: https://open.spotify.com/show/2blgbg4OaN5dqFhkBy12ii?si=HPdSujPDRrapZWtxbsgAjQ&nd=1&dlsi=979e048c08c04e13 Sponsor: To get a tutorial today on investing in gold and silver with KEPM, go to: https://TrishLovesGoldandSilver.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Wow. I mean, it's been quite a weekend and it's been quite a day. Keir Starmor, goodbye. You know, we knew this was going to come. We knew this day would be here. And it actually, if I'm completely honest, took a little bit longer than I thought because we were calling for this four weeks ago right here on the Trish Riegan show. The president said yesterday on true social, it's happening, it's happening. Keir Starmor is out.

Indeed, he is. and this morning he announced the news to the British people and cried. Really? And when I leave the biggest job in the country, I shall spend more time on the most important job. Being the best husband I can to my fantastic wife, Fick, who has been a rock by my side through good times and bad, and being the best dad I can, to my beautiful children,

who are my pride and my joy. Thank you very much. That he's out of there. Okay, so who's keeping a tally? Starmer's gone. We got a new guy in Colombia. Yeah, you know, Maga's taken over the world. Georgia Maloney is on her last legs.

I mean, not literally. I think she's got pretty good legs, but Georgia, I'm sorry, I think the handwriting's on the wall. And now this pivot away from Trump is really going to cost you. I mean, well, you know, you look at what's going on in the UK. They've had something like eight prime ministers in the last 10 years, this whole Brexit thing. They can't figure it out. Well, you know, maybe they should have listened to the people all along.

The people voted for Brexit. And what did you see with the UK? They never bothered to curb any of their migration. Oh, so you had to have the EU come out last week and say, enough is enough is enough is enough. I mean, meanwhile, you get a mess of an economy with all the regulation. You heard Andy Puzzers tell us that. just a couple of weeks ago, right? He said it is a mess, and he put the UK in with the rest of the EU. They got so much regulation, they're going to regulate themselves out of existence, on top

of which they can't figure out how to get their own oil, even though they're sitting on a whole bunch of it. Here's the president, just a moment ago, moments ago, talking about Starmer, and he wishes him well, but gosh darn it, that guy had his head up as you know what. And when I leave the biggest job in the country. No, we don't need to listen to him again. Here, let's go to the President of the United States. Here we go. Sir, you've been quite critical of Prime Minister Starmor, and he's now resigned.

Your thoughts, and who would you like to see as the next Prime Minister of the U. I was critical only from the Senate, because I think he's a lovely man, but I said, you're really messing up energy. You have windmills all over the place. In the meantime, you have the North Sea oil, and they won't let anybody drill. It's one of the great fields in the world. They haven't even found us. You know that the U.K.

much of its energy. You know where? Norway. You know where they get their oil? The North Sea. The UK has a much better portion of the North Sea. They don't want to do it for environmental purposes, okay? And I told him, he's a very nice man. I mean, he's sort of a friend of mine. I mean, he was not good to us with NATO Pete, right? He said, we can't use the island to land. That was the first for a couple of weeks. He said, well, but ultimately I gave it to you, that was a bad move. that hurt him badly, but, but, uh, I mean, I wish him well, but he's got two problems, energy and immigration and crime, but energy and immigration. I mean, you know, he's really hurt himself very, very badly, please.

He's hurt himself really, really badly. I'm just looking at your comments. Yes, guys, I am in the North country, as we say, and live free or die territory, visiting my grandparents and, my grandparents, my parents, my children's grandparents, because, you know, they wanted to see, they wanted to see Mimi and Papa. So we're up here in Live for Your Diet territory, my home base. Anyway, you can see the president there is like, look, I told them over and over and over and over again. I mean, how many times do you have to tell the guy you're sitting on this energy, go use it? I mean, not to mention, you've got to stop regulating. Andy Puster had been telling them that. They don't want our advice. They don't take our advice. And then when we do ask for a little bit of help

since we've been footing the bill for how long, like years and years and years, all the way back to 1949? When we ask for a little bit of help, you'd think they'd be there. Well, Donald Trump doesn't forget that. Okay, so Kier-Stormer's not the only one. Georgia Maloney, you are in even more trouble. He came out over the weekend, doubling down on Georgia. He's been very critical of Kier-Stormer, despite liking him, as he said, as a friend.

Did you notice how he walked over to him? Remember when he gave the I'm the boss bit? And he walked over and he kind of tapped him on the shoulder. I mean, it almost seemed like Keir was like one of his kids, right? Hmm, there we go, the kid analogy again, right? Because all the Europeans are seeming like kids. And we want to be dealing with the big boys.

We want to actually be dealing with full-fledged adults that can take care of themselves. But Trump kept telling him over and over and over again. Here we go back to last week when you had the G7 going on and he's like, Kier Stormer, I couldn't believe the guy. Watch. Not while the war was going on. I was a little disappointed.

The U.K., I said, It would be nice of your sense. I didn't put a hard sell on, but it would be nice if you send some ships. And the prime minister said they'll be there as soon as the war is over. I said, did you just say that? I couldn't believe it, actually. Couldn't believe it, couldn't believe it at all. You know, you really learn in times of strife who your friends are.

Right? I'm sure every one of us has been through a tough experience when, you know, we can remember back on it, who's there for you. I remember personally when I lost my job at Fox, because, you know, I was a little too ahead of the curve, shall we say, on the whole March 2020 COVID thing. And they didn't like that. A lot of people didn't like that.

I bet you Fauci didn't like that. I bet there were a lot of calls going back and forth. Whatever. It's all water under the bridge. I'm very, very happy. No hard feelings. Boy, it was the best thing that ever happened to me, looking back on it.

But nonetheless, I remember who called me. I remember who reached out. The president of the United States was one of them. Our now defense secretary was actually another one. I mean, you know, that kind of stuff matters when you're in a crisis. So think about if you're a country and you're in a crisis, you need access to the island that the UK was supposed to give you. And they say, sorry, can't do.

Or you call up Georgia Maloney and you're like, I need to get the truth. in at Sigonella, they're going to refuel there on way to the Middle East. I mean, we're kind of doing it for them, right? We're doing it for the world. Heck, we've got lots of oil here. And by the way, we've got a heck more right down there in Latin America. Just look at Venezuela. I mean, and we're going to have more where that came from because the whole of Latin America, what do you know, it's turning out to be conservative territory. Amazing how that happens as soon as they get rid of USAID, isn't it? USAID funding dried up. And then all of a sudden the whole place goes conservative?

What's that about it? I'd like to know. I mean, I'm kind of curious. I find the timing to be rather suspicious. I'm going to ask my friend Hans about that. You're going to see in an interview coming up. But I think that there's something kind of profound going on, and that's that the world is changing in a way that gets us away from the Barack Obama days

and into the make America great. Or say, make Europe great, make the UK. It doesn't have to be all about us, right, guys? we're willing to share the wealth and the intelligence. Let's make Colombia great. Let's make Venezuela great. Let's make Argentina great. Let's make Canada great. There's a lot of opportunity for everybody to get their heads screwed on straight because they've been off in Lala, Wackoland for the last, oh, I think we can go all the way back to 2008, right, Barack Obama coming in. And you think about what ensued and what followed. And you think about things like USAID, and the influence those programs had all over the world. And you think about all of a sudden, when they're gone, the people come out and they vote for conservatives. Because human beings can't get re-engineered.

Human beings have certain basic qualities about them. And this is what capitalism taps into. This is what Donald Trump has tapped into. And when you're Kirstormer and you're over there trying to reinvent the world and say, okay, well, we can take everybody in. And over in Northern Ireland, we're going to continue taking them in, and we're going to put all these migrants into Northern Ireland, and Northern Ireland goes, whoa, and all of a sudden everything gets lit on fire.

It happened in Belfast because someone was nearly decapitated, an Irish person nearly decapitated by a Sudanese migrant, and you get angry at the people of Northern Ireland for coming out and doing it. something about it and you say it's their fault and they're a bunch of racists and then you shut down the internet and you say nobody's going to have access to internet oh we're going to cut off the kids they're not going to have access well they can have access to blue sky they can have access to the liberal crappola but they can't have access to anything else i'm sorry you know what the world is changing we're in a different place we're in a better place and the people are speaking up

they've had enough and this is what you're seeing in columbia so in columbia yesterday day. They elected a guy. His nickname is El Tigre, but he's a guy that is a conservative. He's a guy that is the opposite of the leftist corrupt. I can say that on good authority because I've heard from various people actual tales of serious, serious corruption there in Colombia. And we're getting back to basics again. This is exactly what we need. I sat down just a couple of moments ago with my friend Hans Humes, who runs Greylock Capital, and Hans has been restructuring all of these crazy countries for years and years and years, and he knows what's coming. And we were talking about how there's this massive push away from that liberalism towards strong, sound, economic

policies, and it's exactly what the people want and need. Listen to this. Join me right now for more on Colombia. And by the way, this wave that's sweeping all of Latin Central and South America. Amazing stuff. My good friend, Hans Humes, who I always like to say, you're like the guy that restructures every hellhole all over the world. And you've been busy, I guess, lately. Tell me about what just went down in Colombia. Well, you have a candidate who was described as a far-right populist who won the presidency de la SBA. It was a narrow victory, about 250,000 votes on the back of president that nobody seem to like Petro, who is contesting the legitimacy of the election now.

I heard that he would. And by the way, before going into this, he was like, the streets are going to burn, making all kinds of threats if he didn't win. Well, I don't think that's going to happen. And I think what you've seen, I mean, Colombia has definitely whipsawed politically. Petro was about his lefte a candidate as you could get. And before that, Duke, you had It's just been a whipsaw. Hans, this represents a bigger theme because Donald Trump came out in support of, he's known as El Tigre, the tiger, right? And he came out in support of him. Really has support a lot of these conservative candidates in this part of the world, and they're winning.

Yep. And I think even if you look at this somewhat apolitically, you should see this as a positive. Yeah. You know, from our many conversations over the past years, you know, I'm a huge proponent of integrating the hemisphere economically. And however you do it, it's a good thing. And we have this whole generation of young right-wing politicians from, you know, generally some of the bigger families in the country are more powerful families.

But what they've done, inspiration that they've taken from Donald Trump, is something he does instinctively where he sort of bonds with the people. They're doing it a little bit more. little bit more, they're having to work a bit more at it. But yeah. It's so important. I just, not to interrupt you, but I think about conservatism in general and how it's been given a bad name over the years. Oh, you know, they're racist. They're elitist. Donald Trump here in America has really fought back against that. I mean, heck, you know, you had the UFC, right, for fight night at the White House. So he's really said, no, like, that's not what conservatism is. We don't need to be

this elitist. Let them eat cake. And if anything, you've actually seen that on the other side. You've actually seen the left kind of embrace that sort of elitism. Now that's happening in Latin South America, and that's incredible. I think you're absolutely right. And definitely in the past, the right wing was very associated with private clubs, the buttoned down, elite business communities, very separate, broke it down racially even. The people of European descent were the upper classes.

And the coat and tie, fully dressed up, this sort of stodgy, dusty, in the past feeling. Now you have this whole generation of people who, in Colombia, people were saying, you couldn't tell if it was a bunch of people cheering for the national soccer team or a political rally. So the conservative movement now in Latin America has completely changed. is completely broken from the past of being separate from the people. They've unified with the people. They've energized the people. It's smart.

Hey, let me ask you about, you know, there's a tweet going around. I know you saw it as well about all the countries that have shifted their bias that have gone conservative. And everybody's pointing out, oh, gosh, you know, they also lost all that USAID money. Do you think that there is any kind of correlation, were we kind of backing a leftist movement and has that since changed? And is that one of the reasons why it seems, you know, that this conservative groundswell is happening?

Yeah, I saw the same tweet, and it really caught my attention. I can't imagine that there isn't a connection. If you think about the American presence there, the American money there, and probably, you know, it might have been when you see the type of people who've won, these guys who are very populist in their approach, I think that was USAID people, Republican or Democrat. I don't know how it would happen, but I certainly could imagine that there's a connection. Interesting. Interesting. So what does this mean for the future? I mean, I think a lot of it's

going to be the proof is in the pudding, right? So you look at Malay, for example, in Argentina. He's only given so much rope, if you would, right, from the people. Like at some point, the people are going to say, this has got to work or else. And let's not forget, like, Latin America has had a history of, okay, it works. And then it doesn't work. and they'll whipsaw pretty quickly. Does it work? I really hope it does. I mean, again, I think however you get here

where these countries tie in with the United States and build a framework in which the countries, the whole hemisphere is integrated economically, that it sticks. I think we should be optimistic. Most of the people who are winning are young. They're going to be there for a while. My concern is that the tone maybe changed to the United States.

You get a Democrats win in the midterms. And all of a sudden, the focus is more on these guys are campaigning like Trump and talking about Trump. And so they attack that rather than look. And we're seeing that. Like you're seeing that right now overseas. Georgia Maloney, great example. She was all for Trump. And now all of a sudden, I think that she's saying, okay,

my country's not there, or maybe at least the media is not there. If I shift focus and I become anti-Trump, is my stock going to go up nationwide? And you run that same risk in places like, oh, I don't know Venezuela, right? Deli Rodriguez, great example. Don Trump loves Delsey, right? And he keeps telling everybody, I love her, I love her, I love her. Well, like, the more you say that, then the more the left is going to mobilize against that and use that against her. And so you could unravel Some of the good work being done gets undone that the left, including the left here in this country, right, mobilizes against people like Delsey or Bucke or Melaide, like El Tigre, right? In Colombia, that just won. You're going to see this pushback that's less to do with policy and more to do with personality. And it is so frustrating.

Because if you get stuck in a conversation. You're like, finally. Like everybody's getting their balance sheets together, just to remind everybody. Hans wants their balance sheets to be really squeaky clean, really good. He wants them paying back any money to the debt holders. I know that you were the only American on the Greek Steering Committee when Greece needed its entire situation. We worked. You had a hand in Northern and Southern Ireland.

Did you not, my friend? Did have been work in Ireland. Yep. Yep. Okay. That was an interesting one. I imagine, and I actually wonder if that one's going to come back, only because, I mean, they got rid of Starmer today, so they got that going for them. But I've said, and, you know, look, I have my biases, right?

Mother Ireland all the way. So I would love to see a United Ireland. So we'll just put that one out there. But this is the chance, I think. If I'm Sinn Féin, I'm looking at this, like, wait a second. And they're not taking advantage of it in this way. But politically speaking, there's an opportunity because Starmer in the UK has done such a miserable job that you could say, look, economically, it makes all the sense in the world for us to reunite.

Look at their economy. Look at ours. I digress, though, but I just think that there's a movement enabling us to have a better relationship and for all these economies to be more successful on their own. You look at the investment that's pouring into Venezuela right now. I mean, and Delsey's still there. I mean, they've got the Chavista in there. It doesn't fit, I guess, with the rest of my thesis, right?

That everybody's going conservative in Latin America. That one's a little bit wackier. Well, I mean, I, you know, she's doing okay. If you look at the people behind Delcy, you've got very well-trained economists. They're not front-center. They're not not there in public. But if you can build the sense that this is a partnership, an economic partnership, North-South, in this hemisphere, then we win. If we get away from, we've been sort of stuck since the Cuban Revolution, arguably before, you know, the anti-imperialists on the left, we're breaking out of that a little bit.

with the sense of sort of a national purpose being a partnership with the U.S., I think that changes the dynamic. If we can get out of this Cold War rhetoric, where we're sort of breaking the mold everywhere else in the world, let's do it here in this hemisphere, because if we just, North-South trade really keeps us away from being embroiled too much in the parts of the world where we don't have as much in common culturally. So do you see us repositioning then and focusing on, okay, we've got the Americas? I think having Marco Rubio, Secretary of State, has really been a blessing for the country

because it's somebody who has been focused on Latin America's old life. He grew up in the context of the sort of anti-Castro, you know, South Florida mentality. whatever you think about that particular issue, his focus was on Latin America. And I think that if you look at the Trump policy, it's been very focused on the wins he's had have been in Latin America. And this sort of general idea that Europe's issues should be Europe's to deal with, I think it's absolutely on the mark. In the UK, well, how much do we want to be embroiled with that?

How much do we want, frankly, to be embroiled in everything in Iran, in the Middle East. You know, these are areas of the world that have had conflicts going back, you know, centuries, millennia. We have just south of the border, all the natural resources we need. And culturally, we're much more aligned with them. So having a secretary of state. Reliiously, all of that, sure. Yep. Who's been thinking about those issues, I think has been huge for the United States. because if you actually look where we're paying attention, it's been to Latin America.

Good thing about elections in Columbia is integrating North-South, so we don't have to spend all this time in the Middle East getting embroiled in situations. Listen, I think that's the method of madness. Marco has done a really good job at outlining that for the president who knows, yeah, heck, if I can get it all right here. Yeah, yeah. You know, why not? If you have full access to the commodities from Venezuela, you don't need the headache of Iran. All right. Good to see you, my friend. Always good to talk. We will catch up very, very, very soon with more. You know, it's sort of fascinating because, again, it's all happening all at once. And it's not an accident.

Okay. It's not an accident. And, you know, conclude whatever you want about USAID. We'll be took away the money for all the lefty organizations and all of a sudden, you have all the conservatives winning. And it's a good thing. I mean, I would argue Hans is actually not that political. If anything, he might be more left than he is right. But he's somebody who's trying to make sure that all those economies are doing well so that, well, debt holders get repaid, right? Because you have all these bondholders that own the sovereign debt and all these places. And what is the best prescription? What? I mean, seriously, it's less regulation, less tax, and a good, strong court of law, right, so that you have businesses feeling like they can invest in these areas.

And so that's the transformation that's happening. And you can call it Trumpism, you can call it MAGA, you can call it whatever you want. I'm just going to call it good old-fashioned, strong economics. And so it's great to see a conservative one in Colombia. It's great to see Malay in Argentina, Yuga-Bu, Kelle, all of these people that are changing the opportunity there. I mean, that is, if you ask me, when they talk about the root causes of migration, right, what do you want to fix? Let's fix it so that it works for all of us. Hey, if I can get my hands on some of the mining operations, right, or the oil operations down there, isn't that good for our

hemisphere? Who needs the Middle East? If we can do it all here simultaneously, by having that investment and hopefully some clarity on the legal front down there, you get huge opportunities for the people that they otherwise wouldn't have. And it's kind of a travesty that we've lost that. And again, I go back and I blame Obama since 2008. And I mean, you know, look at the shift in some of these countries. Chile used to be fantastic, right? Highest standard of living outside of Venezuela when it had it. And yet that, that is a country that has just been decimated by these leftist policies. Leftist policies do not work. If they did, hey, we all been living in socialism, right? I mean, can someone please tell Mamdami Pretty pleased with a cherry on top. Donald Trump, meanwhile, doubling down on his fight with Maloney.

We've been telling you about this. And over the weekend, he just inflamed it a little bit more. Donald Trump sending out this tweet, writing Italian Prime Minister Georgia Maloney asked over and over for a picture with me during the G7 meeting in France. She is doing poorly in Italy with her level of popularity, possibly because she turned down the United States of America, a country that truly loves and protects Italy. when it came to denying Iran from obtaining or developing a nuclear weapon. But so did NATO, for that matter. She won't even let us use Italy's landing strips or runways, a great logistical inconvenience. And this despite the fact that the U.S. contributes hundreds of billions of dollars a year to Italy

and the other so-called NATO states. Now, after the United States defeated Iran militarily, she wants to be friends in order to get her numbers up. No, thanks. No, I don't want any part of that. You know, she also was offering to send two little boats from the Italian Navy. Yeah, apparently they have a Navy. I know they wear Panarai watches for whatever it's worth. That's the Italian Navy watch.

So I guess they have a Navy, and they're going to send two boats that are supposed to help with mind sweeping. I don't know if he's going to take her up on those boats because she kind of came out swinging. And she's disliked. She got a little upset because you see he went on to. a cable channel and gave an interview on a cable channel in Italy on Friday. And he said, look, she really wanted that picture. She was begging me for the picture, and I kind of felt bad for her. Okay, so I gave her the picture, et cetera, et cetera.

And so it just consumed the airwaves in Italy. So on Friday morning, our time, she came out with this little number, and she's basically like, no, no way. You know, some things deserve an immediate response. And in this case, I'm coming down with an immediate response, and I'm going to say, no, no, no, no, no. That is not how it went down, et cetera. And so he's going to get the last word, right?

So he's slamming her on her own turf, which is significant, right? Because it's one thing for him to, say, go on my former colleague Maria Barteromo's show and slam her. And he did about a month ago. And it's another thing for him to call into a cable channel in Italy and slam her, which he did on Friday. So now she's like, ah, you know, now she's angry. And he's like, okay, well, you know, two can play that game. And then he doubles down again with the true social post that he put out this weekend. You know, I actually, do we have anything?

No, I don't think they asked about Georgia Maloney in the press conference. They did ask about Starmor. So you heard that. He's like, you know, I tried with Starmor. I told him you have all the energy. I told him, you know, you got to fix the migration problem. He didn't take me up on any of that. So his prescriptions for Stramer went.

by the wayside. But with Georgia Maloney, she came into office as a big Trump supporter. And now, what do you know? Everything's changing. Here's the big article in the F.T. over the weekend. Why Georgia Maloney turned on Donald Trump. And by the way, the European press loves this. They're like giving her the best press of her life. Because, you know, if you turn on Donald Trump, then you're part of the in crowd, right? So Georgia Maloney saying, you know, oh, there's no way. That didn't happen, et cetera. I just showed you the tape. And she also kind of dinged him saying, it's a shame he doesn't show the same resolve towards the enemies of the West, with the enemies of the West, as he does towards leaders with whom he is much more accommodating.

In other words, she's accusing him of going after his friends. He's accusing her of being one of his friends and then not even being there for him when he needed her most. And so you can understand the frustration. I always say, like, who needs enemies when you got friends like Italy or friends like the UK? we know Spain is not a friend, okay? But I put Germany in this camp too. I mean, Germany, for goodness sakes. You know, where were you? They all want to say, oh, they're negotiating badly. Here's this, you know, this is the second time he did this. I just want to point this out a few weeks ago. Maybe it was about a month ago. Remember when the Pope started criticizing him? And then Georgia

doubled down, and she backed the Pope. And Donald Trump called an Italian reporter for Corriere de la Cera and he went after Georgia on her home turf with that one. So she should have known what was coming. I think that, you know, it is going to be hard for her. He's right. I mean, she's struggling in the polls. She's not doing so well. She just lost a big referendum.

54% of the country voted against her for that. And he's pointing out, you know, what about the people of Italy? Do they like that you guys know how many oil? This was, again, a month ago. Did they like any of this? They like that she's not willing to help us in this effort. Cigonello is our base.

she's not willing to allow for us to go there. So I would say they don't like it. And Roberto Vanacci, who's the general, right, the general, he's got a good shot of maybe unseating her. So we'll see how this all plays out. But I would just say, you know, Georgia, maybe I'll be looking at what just went down with El Tigre, right, the tiger, in Colombia, and kind of think about this. Because, again, people are people.

and whether you're talking about the UK, whether you're talking about, this is the article that was in Reuters the other day, if you're looking at the screen in Italian general rallies as troops threatening to outflank Maloney, if you're talking about the people in the UK or the people in Italy or the people in Colombia, I don't care who it is, or the people of the United States.

You know, when you, it doesn't make any sense. Think about your own small town. If your own small town was suddenly decimated with tons and tons of migrants from Syria or Sudan, and you didn't have enough spaces for them in school, and they weren't contributing to the economy. And they, by the way, have a completely different sort of mindset with a religious component to it that is so at odds with everything you are

and what you stand for morally, that's not going to work. It's never going to work. And you are a complete idiot who doesn't understand or have any empathy for human beings if you think it's going to. And so this is what Europe is up against, And this is why the Europeans are really, frankly, dare I say, screwed, unless they get a handle on this. I mean, I think Latin America is changing. Now, they don't have the same kind of immigration problem.

Nobody wants to go to Colombia. But a lot of people from Colombia would love to come to the U.S. But if you could fix things, you know, by actually having the right leaders and the right kind of legal framework and therefore getting a little bit of investment in places like Colombia, which has wonderful, you know, mining fields, et cetera, that they could really develop, there are industries that would be willing to take those chances there. And then what do you have but a good old Western Hemisphere? I mean, we got to get Canada. We got to get Canada in shape, though, too, right? More on that in a second. But a quick shout out to one of our great sponsors. Go to Trish Love's Gold and Silver. If you're interested in investing

in gold and silver, we're going to have Dr. Kirk on the show on Thursday this week. I want to ask them about this story. Do you see, I've been reading a lot of the FT lately, I guess because we've been doing so much NATO stuff, but central banks are repatriating gold as global insecurity rises. This is a big story that was just out last week. And so I wanted Dr. Kirk to tell us a little bit more about this. One of the things that struck me as pretty significant was what they were saying about how fewer central banks are currently storing their yellow metal in New York or even in London. London had typically been seen as having some pretty good liquidity. And so a lot of people kept in London, others kept it in New York. And they're apparently taking it out,

taking it out at a record pace. We haven't seen this before. France is like all over it. They're pulling everything they can from the Federal Reserve. Wow, look at that number, guys. I'm just grabbing a little bit of water here. July 25 through January 26th, they're taking all their gold and they're now storing it domestically. Really interesting. So if you are interested in storing your own, I wouldn't necessarily, I wouldn't necessarily advise this unless you get a really good security team. team. But you can. I mean, that's the advantage, I guess, with bullion. You can actually own the real stuff, or you can store it with, you know, the folks over at KEPM. I encourage you, go take a look. They'll walk you through. They get a good concierge team there, and they are very transparent on

prices, one of the things I like about them, and they'll take good care of you. I mean, they'll take very, and if they don't, you know who to call. You can tell me. Trish loves gold and silver. Go check them out of Trish loves gold and silver today. I'll tell you, though, you know, NATO, you guys are on the 9. You mentioned the G7. You saw a number of world leaders. You walked in or you said, I'm the boss. How many of them believe that?

All of them. But I was just being funny. What happened is they're all sitting. And then I walked into the room. And it was just sort of funny because there was very long table, but there's only seven of them. The table was meant for like 30 people. So the whole end of the table,

it looked like almost the perfect podium type setup, right? And I saw them all, and they're all well-known figures, right? The heads of countries. They had a couple of others in there, too, as you know, some, as an example, a Modi of India, a great guy. A lot of people came. They're allowed to come if they want and sit. But I walked in there these leaders, and I just looked at him. I said, I'm the boss, and you remember. And you know, that was done as a joke. This thing got carried all over the world. I can't believe it. I was just being cute, funny. I wasn't trying to be the boss.

He's really funny, okay? I get a kick out of that. He wasn't trying to be the boss. He was just trying to have a little bit of fun. You guys saw the tape, right? On the watch. Here we go. He walks in. He's looking around. He's surveying the place. There's Modi. You see him. Let me get my picture out of there

so you can see him. You get all the other Europeans around there. And at some point he comes up and he just looks at him and he's like, okay, just so we're all clear. Hello. I'm the boss. You better believe it. And he is, right?

I mean, this goes with being the world's... Look, there's Keir. Remember I told you he kind of petted him a little bit? Like, okay, hang in there, buddy boy. And then you got Macron. And, of course, he's getting the news started. He's the host of it there at G7. And it really is, like, he is the boss, okay?

And I'm sorry. You know, this is the benefit of being the world's hegemonic currency, right? And the world's largest economic power. I mean, the only thing is, you know, we want to share the bird. shall we say we want to share the burden with some of these guys and that's why we're telling them to pay up Pete Hagseth over there last week saying I won't play the sound because we listened to it on Friday and maybe even Thursday too but he said listen guys we need NATO 3.0 we've been in 1.0 and then we went to 2.0 1.0 you know we helped out but you guys were supposed to at some point by the time we got to 2.0

chip in well you never did and now here we are coming up on the big meeting in turkey Now, don't you think it's interesting that you got Kirstarmer coming out of the place at a time like this because Turkey's coming up. What was he going to do? Was he going to walk in there? His defense secretary already said, see ya, right? He's already out of there. He's going to walk in and say, yeah, we're not going to pay our fair share. It looks like Andy Bermbe is going to get the spot and he's got a little bit more charisma and he's got a little bit more. Yeah, we like to say Jeuniseiqua. Okay, so he's got a little bit more of that going on. He's the guy from the north and we'll see whether or He can pull anything off, but I just got to say, what? I mean, we're on number nine in 10 years?

What has happened to the UK? Really? I mean, the people voted for Brexit, and don't blame it on Brexit for a second, because part of Brexit was you were not supposed to have all this migration coming in. That's what people were fighting against. And Stommer, while he said, okay, I understand, from the economic perspective, we need to do more to really stimulate this economy. And he tried to put some better policies in. He didn't on the immigration front. So the immigration front got worse and worse and worse and worse. And he had more people coming in and seeking asylum. And you've seen the video. We showed you all the fires going on in Ireland. That's in Northern Ireland, which is still part of the UK. You have the rape gang trials that just came out. That information last week,

250,000 young women since 1950, have been trafficked by these Pakistani migrant gangs. I mean, gangs, it's bad. And if you're not going to take some accountability and responsibility for that, then you're going to have problems. Donald Trump has warned you repeatedly. And we've kind of just, we've had it. So now you're looking at possibly us getting out of NATO altogether. That was the Carnegie report from last week. And I think the folks over in Europe are actually starting to take this pretty darn seriously. They're going to have the NATO meeting in Turkey. They just had the Brussels meeting, that's where Pete warned them, we're coming up on NATO 3.0, and you guys better be willing to contribute. You've got to pay your bill. And if you don't, there's going to be

consequences, very, very significant consequences. Let me see, do I have Pete saying that? Yeah, it's worth hearing. Let's take a listen. At the same time, going forward, our annual NATO dues will be contingent on other countries meeting their defense spending targets, where other allies do not spend with urgency, our dues contributions will go down. NATO will be a two-way street. It's only common sense. America cannot care for or pay more for Europe's defense than our allies do. And this review will think outside the box. Our national defense strategy states clearly that we're going to incentivize and enable our allies to step up and do their part. So we're going to keep a close eye

on allies who are not doing that and who say no or maybe or wait and see when it matters most. So this is why, reminder, subscribe if you haven't, this is why Georgia Maloney is in so much trouble because she does not want to give her 5%.

You've got Spain that basically deserves to get kicked out all together. I don't even know why we have Spain, frankly. Given their Huawei thing, They just did a deal with Huawei out of China that would provide China with a backdoor access to all of the intelligence from NATO because they're going to be able to listen to every phone call. I mean, it's bonkers.

Why would you allow that? And then why do you get to stay as part of the EU? This might actually, I mean, if we really take this forward, guys, you might start to see some kind of breakup of the EU. If they can't actually put the wheels on the bus and find themselves some kind of Alexander Hamilton of modern error to unite all of these places, if you're going to continue to have, you know, one team not paying their fair share, and then the other getting saddled with the rest of the bills. Sorry, we're not going to do it, right? We're just not going to do it,

and we've made that abundantly clear. Here, you know, who else we're making it clear to Canada? Our friends up in the real North country there. The president coming out and saying, you know, that deal, it's expiring. Like July 1st, okay? We're a couple of weeks from the total expiration of the Canada-Mexico trade deal, and he has no interest. And seeing it continue on, it was supposed to just roll over and we were going to have another 16 years of this. And he's like, I don't think so. I don't think so. I think that we need a better deal. And I want to see reciprocity. You can't take the fuss on stuff if you do. We're going to tear a few. And I want to see more accountability on the cars. I mean, think about the cars they're importing from China.

And I want more accountability on things like fentanyl crossing our border. And I want more accountability. on migration. And again, it's all part of basically shoring up our hemisphere right here, because this is important for our future. Monro, Donro, Doctrine. Here's the President of the United States talking last week about Canada. This got missed by everyone. I'm telling you, nobody's paying attention to this. I want you to know. How long do you hope U.S.MCA negotiations or reviews go on? Well, it's not something that's, to me, I think it's better without it. I mean, to be I'm not a big fan of it. I liked it because it got us out of NAFTA.

In other words, after six years you had a closet, got us out of NAFTA. That's the thing I liked about at Mosque. We do better without an agreement. Do you want to just leave it in rolling? I would rather leave it unsigned. I'd rather have it terminated. You'd rather terminate?

Those are different things, sir. I just want to become clear. I would rather not have the agreement, but I may sign it. Right. But I would rather, we do better as a country if we don't have an agreement. So are you thinking of... Yeah, I'm thinking about maybe we won't be able to make a deal. I would rather not have the USMCA.

The primary reason I wanted it was because there was no way out of NAFTA, which was the worst trade agreement ever made, like ever. And they had no termination. And it was very hard to get USMCA for that reason. And I had a six year close. Who would have thought I would have been here in the six years? They got it six years because they hoped I wouldn't be here. My term was supposed to be over with.

So on top of everything else it comes to, I would prefer not having an agreement, but I'm open to doing it. We'll see what happens. So as of now, it's going to stick around for 10 years. You're not? No, it's not sticking around. It'll be terminated. In other words, after a decade. It expires.

Yeah, yeah, in a decade. It expires. I prefer that. I view it is possibly expiring immediately. Whoa, expiring immediately. Okay, so just to kind of give you a little bit of a primer on this, we do have a U.S.-Canada trade deal. I believe that includes Mexico, too. So, hey, Claudia, you better wake up down there in Mexico.

I have a feeling. Somebody on the conservative side of the aisle is going to need to replace you relatively soon, just like we saw in a multitude of other countries there in our Latin America region. Anyway, you have pretty high tariffs on things. like steel and copper and aluminum, and he wants to get rid of that. Again, he's like, okay, fair trade is fair trade, and I want to shore this thing up. So the bottom line here is he's threatening additional tariffs, 25% onto all of these products coming in unless Canada comes up with something better.

Now, I don't think Canada can. I actually think there's a real risk here that there's a problem with our trade deal, because if you listen to Carney, I mean, he's all in bed with the Europeans. he too won't pay his lousy 5%. I mean, these guys, it's unbelievable. And he kind of thinks that, well, who's going to rule the world? Europe. It's Carney. And as the president mentioned a few weeks ago

at the European political community in Yeravan, I was honored to attend. And I said at that meeting that I believe that the next world order will likely be built out of Europe. And Canada will be part of that effort. Dream on. Dream on, dream on. You keep going there, Carney.

Gosh, is this amazing that he got elected? You got to admit, it's kind of amazing. Amazing that he got elected to anything. Anyway, so now we've got to go back to the drawing board. As I said, that deal is set to expire on July 1st. And again, they thought they were going to just do a 16-year extension. And President Trump is saying, no, no, no, no, no, no, no, no. We need to actually revisit this entire thing and renegotiate the

entire thing all over again. So the idea here, again, make America great again, America First Policy. Let's make sure that we have a reciprocal arrangement on trade. Don't forget, who are our two biggest trade partners? It's actually not Europe. It's basically, you know, maybe they're in the top three. No, they're number two, because China slipped, okay, China slipped. So number one and two, are Canada and Mexico. So with Canada and Mexico in those leading positions, you sure as heck want to make sure you have a fantastic arrangement with them, right? And so again, like, when did we ever have a president that talked about this much

in terms of deals and trade? Never, okay? Never. I mean, he's really, he's rolling up his sleeves of getting all in, and he is trying to basically put us on a very different path. And so when you see this global shift, this is what's happening, guys. is a response to one person and one person only. So it's amazing. A lot of people have thought, well, you know, one president can actually affect that much change. This president can, and he continues

to do so. If we look at what's going on in Iran right now, it looks like we'll get a deal, although he stays very flexible on that, just to make it clear that Iran, you're going to have to play by the rules. A reporter just a short time ago asked in the Oval Office, hey, you know, what happens if they use all this money that were unleashing, right, for food? So just so we can back up for a moment, over the weekend, part of the deal that was negotiated was an allowance for food. So they have some frozen funds here in the U.S. and we don't want to give them any money, right? But we did say, listen, we can help your people with this food if you buy it from U.S. farmers. So corn, wheat, et cetera. Here is this question, which is an important

question. I want to say one thing. A lot of people dislike Trump. I get it. A lot of people badmouth him and say, oh, he's always spinning this, that, and the other. He actually answers this question. I thought pretty straightforwardly, because it's a concern I naturally have as well. You give them money, and what if they do something else with it? Well, listen to his response. Here we go. Because right now that people are very hungry, and they're buying it exclusively from us, corn, soybeans. It should be a lot of money. I hope it's a lot of... If they're more with our...

Okay. So in other words, if we unleash this, what happens? And he said, well, they're not supposed to do that. The reporter wanted to know, what if they go out and they try and fortify their military and this, that and the other? He said, well, they're not supposed to do that. And I think, as he told us last week, hey, you know what? You guys screw up and I'll be just as happy to drop a few more bombs on your head.

I want to go to the general. General Keene, I have tremendous respect for him, and he's really knowledgeable at all this stuff. I think he's been casting doubt on this sort of from the beginning, and I think he's reluctant to see what the upside is here for us. Again, I'm a realist, and I understand that this thing can't go on forever, right? Because you've got to get elected, right? And the president's got to get elected, and he's done what you can. You don't want to have a situation where Iran has a nuclear weapon.

And if you had intel that said, yes, they've got a nuclear weapon, then you're going to do something about that. But at what point do you keep going and keep going and keep going, and then run the risk that you see conservatives get desktable, at midterms, et cetera, and you have a real struggle with the American economy. Well, the general has been very thoughtful in his analysis, and I want to go. He was on my former employer, I have a few of them, on Fox Business today with my friend, Stuvarnie, and he was explaining here, General Jack Keene, four-star U.S. retired general,

what the challenge is, if you were to allow, say, the U.N. inspectors in there. We don't want U.N. inspectors checking to see whether or not they've got the nuclear stuff. We want our own team. Listen. Yes and no. On the inspectors, let's take that one first. Certainly, these are IAEA for our audience. Those are UN inspectors that have been inspecting in Iran for multiple decades. The problem with that is the Iranians have manipulated them for years.

They can only go certain places at a time of Iran's choosing, and they tell them how much time to spend there. When they raised the question, well, we want to go over here because we have information that there may indeed be a secret nuclear site there, they're denied that access. So what do we really need here? The IAE inspectors can come, but they can accompany United States military and civilian nuclear experts who will do the inspecting along with the IAEA who has practical experience there. We have to drive it. And, Stuart, it's got to be anywhere, any time inspections. We tell them we're coming now.

We don't give them a lot of warning. Here's where we're going. And we're going to stay as long as we want. That is the only way it can be. The president has goals he wants to achieve with the nuclear enterprise of Iran's and taking it all away from them. We need our people on the ground executing our president. goals. The IAEA fine. We're going to feel good about having their experience with us,

but they cannot be the inspectors in charge. They have been manipulated for years. Wow. Just to confirm, Emerit Pierce, Jr., yeah, we're live. We're live. This is a live show. Sometimes you guys are watching it on the West Coast repeat, as I like to say. We always pin it to the top of the page, and it's also available to you all on Spotify. So please go check it out on Spotify, check the show out if you miss the live every day. The full program is there, but I'm looking at your comments. Mr. Blee, yes, we are live in real time. It is not a premiere. We are indeed live, which is why you see the sun setting right behind me. And I'm like, okay, I got to get through this show before it's pitch blackout. Okay, that's the problem was starting a little bit later

in the day. Anyway, I think that the general is making some really good points there, and it would be good to see that we have our folks in there. Over the weekend, the president got really annoyed because there's a lot of spin coming out. Iran loves to spin this, and they get a lot of social media farms that do their hands in spinning. And you had him say, wait a second, the headline, I mean, they're even spinning the New York Times, if you would. The headline in the corrupt and failing New York Times, he writes, is, what changed after almost four months of war? Analysts say not much. Really? And the president writes, their military has gone, Their Navy is gone. Their Air Force is gone. Their launching pads, missiles, drones,

manufacturing of same is almost gone. Their top two sets of leaders are gone. That's kind of a big deal. I mean, heck, I'm going to add to this because I don't think he has this in there. The Ayatollah's gone. The first one anyway, you've got Sonny Boy, who is apparently quite hurt, who's in there now. So you've got two top sets of leaders gone. He goes on. Their inflation is at 250 percent. Their economy is broken. Their soldiers aren't being paid. The Hormor's Strait is open. The oil is gushing, and the U.S. stock market and jobs are at record highs. That's what has changed.

You corrupt and unethical cowards and more. Yeah, I mean, look, I think he wants this to be seen as a win. The reality is, you know and I know, the media will never, ever present this as a win for him. But this is not unique to the Iran situation. It's unique to anything situation. whatever he does. They hate him, they detest him, and they will never give him any credit for anything. Meanwhile, you've got a lot of people spinning this in Iran. And J.D. Vance read him the Riot Act.

He's over there to sign the deal, and he said, listen, you guys cannot keep doing this. Let's go to his tape. What we told the Iranians yesterday is when you guys engage in what us millennials might call trash talk, you can't expect the President of the United States not to respond and not to correct the record. So when they say things that aren't true, the president is going to respond to it. I'm going to respond to it. Americans are going to respond to it. When they make threats that aren't rooted in reality, they have to accept that the President of the United States is actually going to set the record straight.

That's all that happened. So yes, there was a little bit of threatening. There was a little bit of whining. But at the end of the day, the talks continued, and we made great progress. Fantastic. Okay. So we're getting there. Something's going to happen.

We'll see. I mean, Lebanon's kind of complicating. at the president making this comment on truth social just yesterday, Iran must immediately stop their highly paid proxies in Lebanon from causing trouble. If they don't, we'll hit Iran very hard again, just like we did last week, only harder. So he keeps making this point of saying, hey, you know, we can go back and we're going to continue to go back. I want to just give a quick shout out for my model portfolios, which have been doing quite well. Sad story about Greenspan today. We'll get to that in a second. He, you know, obviously is quite a legend, and I know not everybody loves him.

some of us even. Thank you, Kevin, for the generosity. He says the only way for Alberta to avoid the USA tariffs on Canada coming January 1st after USMCA is canceled, July 1st is to win the October 19th. Alberta Independence Referendum. Oh, wouldn't that be neat? You know, Alberta has a ton, a ton of oil and natural gas. So, you know, Alberta would be like really, Alberta, Canada would be like a big win for us. Very interesting comment there and appreciate the generosity again. But take a look. Those are some really, really nice looking portfolios. Are they not? I just want to, you know, I saw as I came to air today that Alan Greenspan had passed away. Alan Greenspan, I've had the chance to interview quite a few times actually in my career. He's kind of a legend for his Greenspan's

peak. Remember, like you had to decode it? Like, you know, you were all the more of that. valuable, right, as a reporter, if you could figure out what the heck he was saying. And it was kind of funny because we'd watch Congress, like, try to figure out what he was saying, and they never had any idea. They never had any idea. A lot of people have said, you know, Greenspan, in some ways, created the subprime bubble, or at least helped fuel it, right? Because he left rates too low for too long. And when he was asked about this, he'd say, well, hang on, hang on, you know, isn't it great that everybody owns their home? You know, look, this is the problem with the Fed. You know, you have people that sometimes get it right and people that sometimes get it

wrong. I'd also say he got this one wrong. Here he is with me on Bloomberg a number of years ago. This must have been 2012. And Bitcoin was nearing, I want to say maybe 100, at some point maybe it even crossed a thousand. I'm trying to remember when we did this interview. And he told me he's pretty sure it's a bubble. So, you know, it could still be a bubble, but it's a heck of a bubble if it is, right, because you would have made a lot on the way. Look, not everybody can be right on everything. And I think he certainly tried hard, but there were a lot of things that went in to the debacle that was 08, right, that Barney Frank, who also recently passed away, Barney Frank had a big hand in making sure everybody in their cousin could get a no interest,

no income loan, those nina loans, no asset, no income, no asset. No income, no forgive me, no income, no asset loans. That was a mess, right? Because you had people that couldn't afford houses getting houses. And they didn't seem to understand that at some point their mortgage rate would reset. And all the banks, they have a hand in this too, right? Because they got greedy and they started buying up all this stuff. And I like to describe it this way. You know, you think you go to the diner and you get an omelet and it looks really, really tasty. And it's got all these fabulous looking vegetables in it. But, you know, maybe some of them are a little expired. And so some of the vegetables are bad vegetables, but they present it together.

And oh, it looks like a fantastic omelet. Well, you still can't eat it if you get bad vegetables inside. And so that's what those subprime loans were. They were packaged away inside other. They called them CDOs, right? So they put these CDOs together, and they'd have lots of good loans, but then they'd have a few bad puppies in there. And those bad puppies took everything down.

And so, look, there's a lot of Monday morning quarterbacking that we, of course, can do. I will tell you this, guys, we figured our way out. Okay, so we didn't legislate and regulate up the wazoo. We did some of that, but we didn't do what London did. London went bonkers. They just started regulating and regulating and regulating. What did they do? They regulated themselves out of business.

So when you look at the British economy today, the UK, I'll tell you, the Atlantic has a big article this week on it, and they're all about, oh, you know, what went wrong? What went wrong? All the regulation you guys put in. That's what went wrong. coupled with your immigration policy, so you brought in all these people that you couldn't afford, and all of a sudden you're responsible for all these people, and you get nobody that wants to do business with the UK or in London because they can't. There's too many rules. So all those rules

cost them. It's once again the triumph of capitalism over socialism. Socialism does not work. Anyway, back to Greenspan. Just a little side note for you. He was a jazz musician. A lot of people don't know that about him. And loved jazz music and actually studied music, I think in his undergrad at NYU, was a jazz musician. I thought that was always very interesting. And he loved opera. So he and I had that in common. He absolutely loved opera. So we will miss him. I don't think we can blame him for everything with 08. I think there was a lot of reason to be upset with a whole lot of people. But again, great to have you guys here. I saw some familiar faces, Alphonse in the house, Aunt Andy, great to have you guys here. Please do me the favor. Make sure you subscribe.

to the show. Tell your friends, tell everyone, you see the subscribe button right down there. I am in New Hampshire all week long, so I will be coming to you live every day. Thank you for all you do to make this show a success. I will see you back here on the program tomorrow.