1.14.24: LT w/ Dr. Elliott: Texas moves to support Gold CBDC push abroad 2024 shaping craziness hits early. Pray!

➡ Dr. Kirk Elliott reflects on the new year, highlighting notable political and global events such as earthquakes, financial shake-ups, and ongoing fear and corruption.
➡ He discusses the potential consequences of widespread fear, as it can lead to poor decision-making or relinquishing freedom, especially where money is concerned.
➡ Elliott voices concerns about the encroaching digital currency system, warning that this could lead to loss of individual freedom as authorities possess the power to control a person’s monetary transactions.
➡ He critiques the World Health Organization’s expansive power, asserting that it undermines national sovereignties by dictating policies in times of international health crises.
➡ He disputes the reported demand for digital payments, suspecting that the surveyed population lacks a complete understanding of the implications of digitized transaction.
➡ The article “Buckle up for a bumpy 2024” is discussed, highlighting concerns of inflation, interest rates, tight housing supply, and uncertainty in the direction of the economy.
➡ The failure of prominent banks due to bidenomics is evaluated, with Elliott blaming the lack of jobs, increasing withdrawals, and unsound investment decisions on the Biden administration.
➡ Jamie Dimon’s perspective on the U.S. economy as being on a “sugar high” due to pandemic stimulus money and quantitative easing is shared, signaling cautions about the economy and highlighting challenges posed by high interest rates.
➡ The economy faces issues related to massive debt, including trillions in derivatives debt exposure by banks like JPMorgan Chase and large amounts of debt held by the Federal Reserve, along with American citizens’ personal debt.
➡ Most Americans do not anticipate improvement in their financial situation this year, which could impact political voting decisions.
➡ Housing and rental prices are on the rise even as wages remain low, which is problematic as few people can afford to pay cash for houses and banks are stricter with loan policy.
➡ The real estate market is in decline due to the lack of funds and strict lending prerequisites from banks.
➡ There is growing fear of inflation due to the continuation of money printing, and any policy implementation at this stage may negatively impact the economy.
➡ There are expectations for a market crash within the next 12 months as forecasted by President Trump, which shows a lack of confidence in current leadership.
➡ Texas, Oklahoma, and Florida, three conservative states, are aiming to pass legislation for a state chartered bank backed by gold and silver, in an effort to break away from the Federal Reserve and FDIC systems.
➡ The growing trend supports the founding fathers’ belief in the concept of federalism and gives hope for a more solid and decentralized economic future.
➡ The upcoming new year is expected to see a rise in gold investments due to factors such as a trillion-dollar interest on the national debt, high taxes, potential bank failures and higher interest rates.
➡ Silver is also predicted to outperform gold due to increased demand in manufacturing sectors like fuel cells, solar power and electronic devices that require the metal.
➡ This economic scenario poses risks for traditional markets but creates opportunities for gold and silver investments, hence the importance of being proactive and taking calculated risks.
➡ The notion of God wanting believers to be brave, and focus on being good stewards rather than comfort, is emphasized.
➡ The divine relationship is highlighted – a loving father who gives solutions and creative ideas, who is merciful, joyful, and abundant in love.
➡ The belief is expressed that God will generously fulfill needs and give freely to those who ask, exceeding expectations in all areas of life.
➡ The principles of caring for the sick, showing grace and mercy, healing, and loving others, as demonstrated by Jesus, are highlighted as the key to a fulfilling life.
➡ The speaker’s prayer expresses gratitude for God’s love, mercy, gifts, answered prayers, and especially for wisdom. They also express gratitude for Jesus’ sacrifices, declaring victory in His resurrection, and pray for protection and blessings.
➡ The discussion ends with a promise to connect again soon, hinting at the value of supportive and faith-based connections.

Well, we’re back again with Dr. Kirk Elliott. What an amazing new year it has been. We’ve had earthquakes. We’ve had all types of things happening on the money side. We’ve had Epstein Listry released. President Trump always defending himself well and proving. When he puts people out in the spotlight, like the folks in Georgia, we always find out about the corruption. Imagine that. It seems like it’s the same thing every single time anyway.

What an amazing year it’s turned out to be. And it’s just beginning. We’re only a week and a half or two weeks into it, for crying out loud. Lt, it’s going to be a wild one. There’s so much wackiness going on, not just here, but globally. And like we’ve talked about a bajillion times exaggeration, right? But a lot. When governments run out of money, they start to do crazy things.

When people run out of money, they will give up their freedoms, right? When people are scared, fear does one of two things. It either causes you to not act, stick your head in the sand, just hide, hope the storm goes away, or b, it causes you to make the wrong decision, right. And so you add all of this up and it’s looking like, pretty ugly, which is great for the globalist, right, because they thrive on fear and people acting out of fear, because there is no way, lt no way on earth that somebody would actually willingly vote for a currency system that’s coming, that they have the ability to cut you off from buying or selling if they don’t like you in the world.

That’s nonsense. That’s right. Who would do that? And I’ve had people that have said, well, Kirk, what if you were one of them? You would want it. I said, politicians are actually a little bit smarter than in the, in the House and in the Senate, right? Because this is why there’s stalemate. This is why a lot of times real radical stuff doesn’t happen, because they know in an instant the people in charge can turn around and then they don’t want to be attacked just like they were attacking somebody else.

So there tends to be a lot of no movement, right, just kind of stagnation. But we’ve gotten to a point now where it’s not really like that. It’s no, we are actually going for the jugular. We are going to get this voted in or legislated in or stroke of a pen through an executive order or international decree. It’s like, wait a second. How could an international decree affect the US policy? Because Biden let it happen.

That’s right. Look at the World Health Organization, for example. They have more power than any president. It’s just some guy that might make a few hundred thousand dollars a year that was like, okay, you get to be the head of the World Health Organization because I think there’s like 190 plus countries that are part of the WHO. Well, every president that signed into that pact gave up the sovereignty of their own nation.

That says under an international health crisis, the World Health Organization has the ability to shelter people in place, stop transportation, stop you from opening a bank account, force you to get vaccinated. I mean, the president has no power over that anymore because we gave up control. It’s like we, how did we do it? Because we elected that clown in. Well, he stole it, right, but he’s in. But this is how things like that like, and this is why it was such a big deal, because Trump actually got us out of the World Health Organization because he realized this is bad.

We’re spending billions of dollars for something that’s not good. That’s basically communist run organization. And then Biden put us back in. I remember when former congresswoman Michelle Bachman, who was chaplain for the United nations for a while, where she was saying, look, if this happens, this was probably like eight, nine months ago that this was going on, said, if this happens, it’s really difficult to unwind it. We can’t let this happen.

Right? And she said, no. I mean, she was chaplain at the UN. She understands international law. She was a congresswoman forever from Minnesota. And you know what? It got in, which is kind of alarming because it’s going to be hard to unwind. According to her own. Yep, according to the world scene that we’re looking at, these folks are living in fear. And before I go there, before I show this, remind everyone, nwino.

com forward slash gold, it’s in the description box below this video. All you have to do is click on that and you can have a conversation with Dr. Kirk Elliott or his staff and they’ll help you out. Okay, so here we go. I wanted to play this about these guys. It really seems like they’re living in fear now. They’re trying to implement the CBDC. There is clearly an aspiration, a desire for digital payments, much more so than it was in the past.

And this is growing. We are now, in the surveys that we’ve conducted across the 19 members of the euro area, we have more than 50% of the respondents who say we want digital payments. Well, less use of cash demand for secure and riskless payments. Where do we stand? We central bankers, we have been operating as a monetary anchor in relation to the commercial banks and the private money.

Okay, enough of that. I think we know where she’s going. That’s so sick. I mean, Lt, do you believe that for a second that 50%, okay, who did they poll? Well, they must have had a bunch of people who wrote the law that you pulled them and said, hey, do you want this? And still only 50% of those people did. I don’t believe for a second that 50% of the people would actually want it.

Unless they don’t know the full story. Right. They’re probably hearing the story that she just told. Secure payment systems, 365 days a year, 24/7 instant money transfer. The availability and the authority to track all transactions so they can find money launderers and drug smugglers and human traffickers and all this horrible stuff. That is the benefit of it. Yeah, but the ugly side of it is it’s still tracking of all transactions.

And if they don’t like you, you’re done. Right? You can’t buy or sell. You can’t feed your family. They wouldn’t tell people that part of it. They just tell this nice, fluffy side that even I would agree with. It’s like, yeah, I would love to stop drug trafficking and human trafficking. It’s like, are you kidding me? It’s like, who wouldn’t want that, right? But there’s a cost to this loss of privacy, and that’s what they’re not telling anybody.

That’s right. Yeah. So another thing that we wanted to address, of course, we’re talking about 2024, would be this area here. Epic Times release. Buckle up for a bumpy 2024. Inflation, interest rates, tight housing supply, and an election year. And they’re divided on which direction the economy will shake out this year. What do you have to say for that? Well, I’d say that the recession fears are truly not meant.

Times comes out some really good. We, we saw, like, I don’t know, pushing. Almost a year ago, Silicon Valley Bank, First Republic, Silvergate credit, know, they all went basically belly up, went into FDIC receivership. Why? Because of bidenomics. Really. If you boil it down to, why do banks fail? It’s because they have more withdrawals and they have deposits and because their investments that they do have stink and because of bad administrative rulings that says, hey, you don’t have to have any money on hand.

You can lend out 100% of all deposits. The reserve requirement was zero. Right. Of course. If you have a reserve requirement of zero and your investments are bad and under Biden’s economy, more people are withdrawing to live on rather than depositing because nobody has jobs. Of course banks are going to fail. Right. So now, Jamie Dimon, CEO of Chase, you know, you can like him or you don’t have to like him, but he’s a smart guy.

He’s the CEO of the largest bank in North America. Right? Well, he described the US economy as being on a sugar high from stimulus money handed out during the pandemic and the Fed’s quantitative easing. Okay, so he said they’re running through the system. So I’m quite cautious about the economy. This is coming from Jamie Dimon. So why is he cautious? Because he said high interest rates pose challenges, especially when investing.

Because companies can’t invest, they can’t do any kind of debt financing to increase the size of their fleets, for inventory, for things like that because it costs too much. It costs too much to carry that debt. But if it costs too much, oh, don’t worry, they’ll just raise prices and they’ll pass it on to the consumer. Wait a second. Consumers are already paying higher prices because of inflation and they’re already living month to month hand to mouth.

And so everything that they’re proposing, this is why diamond says this is a problem. Now, you keep raising interest rates to slow down the inflation creation of them, printing money. Well, now what? Now anybody that has debt is going to feel the pinch. Who’s got the most debt? Well, technically the banks do because they’ve got tens of trillions of dollars of derivatives debt exposure. I mean, I think JPMorgan Chase, Jamie Dimon’s bank, has well over $50 trillion of derivatives debt exposure.

50 trillion. That’s like 40% more than the entire national debt of America. But the Federal Reserve, they’ve got tons of debt. They’re buying us treasuries. They’re the buyer of last resort. And I don’t feel bad if they have to go belly up, but their assets are just toxic. Their balance sheet is toxic because all it is is us treasuries, which the rest of the world doesn’t want. Right.

So now Americans in debt up to their eyeballs with over a trillion dollars of credit card debt, right now, college students with massive amounts of student loans. Well, the propensity to pay that off is slim because you can’t get a job. If you can’t get a job, you’re not going to be able to pay off your student loan. So this is like this pickle. And now 63% of Americans don’t anticipate an improvement in their financial situation this year.

The reason I bring that up is because it’s an election year and it was Bill Clinton that said it’s the economy, stupid people are going to vote with their wallets. Right? So if 63% of Americans don’t anticipate an improvement in their financial picture, why are they going to keep voting for the people that are in? Right? Well, what if it’s the only choice? I mean, good grief, they’re taking former presidents off the ballots in numerous states.

So you don’t want competition because you know that you’re not going to get elected. If 63% of Americans don’t like what you’ve done to their wallets, well, let’s just take the opposition off the ballot completely. Right? So this is the weird world that we’re living in. And we’ve got shelter, inflation, LTE, which means your housing, your rent prices are going up, your mortgage costs are going up. Even though housing prices are coming down, rates are going up faster.

So housing prices are still through the roof, especially when coupled with lower wages. Lower wages, higher cost of borrowing, and nobody can afford to pay cash for houses, so they have to finance them. It’s like, wait, here’s a pickle. Because banks have run out of money, they’re not really lending out money for houses unless you have this magnificent credit score of like over 800 or something like that.

It’s like, who can actually even qualify for a house? Very few people. I mean, this is why the real estate market is in absolutely utter collapse. So now you’ve got higher for longer interest rates. That’s the new mantra coming out of the. I can’t, I don’t know who this guy was in this article. McBride was his name, some kind of a central banker. He said rates will settle at levels that are lower than where we are now, but are going to be much higher than what we’ve seen in 2008 through 2022, period.

Here’s where the Fed said they’re going to lower rates next year. They can’t with the inflationary pressures, but they have to do it at least once or else they lose all credibility because they said they were going to do it. So you do it just once and then, boom, down just a peg. But then they’re going to just settle there at these high rates for a long period of time because this is the catch 22.

And this is where I think Jamie Dimon and others are now seeing the absolutely zero win that they have in front of them. Number one, you keep lowering rates, which is what they were saying they wanted to do, and inflation goes through the roof because they’re not stopping the printing of money. So higher rates slow down inflation. So if you’re going to lower the rates, inflation is going to go through the roof.

That’s bad for America. Right. But you keep raising interest rates to slow down inflation, you cause a huge recession. No matter what policy they choose at this point, because they’ve let it go too far. It’s detrimental to the economy. This is why I think this rally the markets at these high lofty levels, I think that’s done. Even President Trump brought up in an interview this week, I showed it, that he says the market is going to crash within the next twelve months.

It’s going to happen. Then Biden says he’s showing his true colors. He really doesn’t like America. He wants it to fail. Trump didn’t say that he wants the economy to fail. This is why he was running for president. He wants it to succeed. But under current leadership, the economy is going to fail. Right? Yeah, he’s pointing it out. And the other thing you showed was some relief in some of this.

Maybe Texas GOP moves to support gold. What is that all about? Okay, this is super, is, so we talked about this, boy, I’m going to say five months ago, maybe because Texas had legislation to start their own state chartered central bank, backed by gold, to pull away from the Fed, to pull away from the FDIC, pull away from the Fed now system. Right. But they didn’t get it done in time.

The legislators, their session closed up. They had to wait till the next one. So nothing happened, which I was really bummed about. Right. Because with this march towards central bank digital currency, we need something of value, we need something that’s real. This was a good starting point. Right? But now they maintained the GOP House in Texas. They have conservative control. Now it’s coming up for vote in March.

So this is exciting. They’re going to vote on it again in March to have a state chartered bank backed by gold and silver in Texas. The vault is already built, the depository is already built. They just needed. And the University of Texas Endowment Fund is basically almost all in gold. I mean, it’s amazing, right? So they’ve got the backdrop already in place. Now they just have to pass it legislatively.

Well, coming off the tails of that earlier this week, Oklahoma is now doing the same thing. They want a state depository that has gold and silver in it. So states rights are rising up. You know who else is wanting to pass this? Florida. So you’ve got three conservative states that are now saying you’re never going to have a liberal state that wants to do this. Right, but you’ve got three conservative states that are saying, look, we have got to get out of this evil federal cabal type system.

That’s not their words. That’s mine. That’s my interpretation of it. But why would you put something together if something didn’t need to be fixed? They’re trying to fix something that’s broken. They know that the federal government has way too much control, and so it’s what the founding fathers wanted for America, which is states know this is how federalism works. The concept of federalism means if states can do something, then the feds shouldn’t.

And if it’s something that the states can’t do, well, then that would be the feds that do it. So what would be the difference? A national defense has to be done at a national level. You can’t have states that could defend the whole nation. Right? They’re independent now. Collectively they can. But can states have their own bank? Sure. You don’t need the federal government to issue a bank.

You can have competition in currency. That’s what the founding fathers wanted, was competition in currency. They warned against a national central bank because of the control and the power that that brings. Right. And there’s no competition. We’re seeing even this on a global scale in Argentina, where their new president, Malayal, he basically said, any contract that’s written, the currency doesn’t have to be the legal tender of the land.

It can be whatever the two parties of the contract decide on. So you could have central bank digital currency, you could have the US dollar, I don’t know, you could use the japanese yen, you could use gold, you could use silver, you could use a cryptocurrency. It doesn’t matter. Whatever the two parties of the contract want, that’s what they get to trade, and that’s now legal tender in Argentina.

So I think we’re moving down this direction, globally, nationally. With states rising up like Texas, Oklahoma, Florida, other states that have already said gold is legal tender in their states, they just haven’t gone down the road of having a state depository. Right. But this is exciting to me. In a world where we started the show with a bunch of bad news, there’s hope, there’s a solution, and this is what’s really exciting moving forward.

Yeah. So when you guys go in the description box, amwino. com forward slash gold, all you have to do is click on that link and you’ll reach out to Dr. Kirk, Ellie and his team. They’re going to help you out in many ways, especially when you’re talking about gold and silver. That’s the big one. We transferred our IRA over to you into silver. It was absolutely amazing. It’s been growing and so I really appreciate your help.

There any other words on that? For this new year coming up? There’s been all kinds of economic forecasts that are now saying because of the trillion dollars of interest only payments we have on our national debt, because of the high taxes, because of the probable bank failures, because of higher interest rates, they’re expecting gold to soar. And I agree. Every one of those things that I just mentioned are fundamental forces that cause gold to go up.

Silver will actually, I believe, outpace gold because of the manufacturing demand and the increased demand even in a sluggish economy for things like fuel cells and solar power and all electronics that need silver. Right? So it’s like, boy, everything that we’re looking at is the death now for normal traditional markets, but it’s great for gold and silver. So all we’re doing is minimizing risk, maximizing return, being wise stewards with what God’s given us and being in the right place at the right time and having the boldness and the courage to act right.

That’s what God wants. He wants us to take that leap of faith. He wants us to have boldness. He wants us to have courage. He wants us to do the right thing because this is bigger than just us. It’s just bigger than our retirements. God doesn’t care about our comfort level here on earth. He cares about our eternity, right? But what he does give us is solutions and creative ideas to navigate through the crisis where we actually can be comfortable.

I mean, this is the cool part about God. He’s a very loving daddy. He’s not the judgmental just going to slam you down whenever you make a mistake that a lot of people portray him to be. He is a loving father. He is so full of love, perfect love, which is full of grace and mercy and joy and peace that surpasses all understanding. That’s the God that we serve.

And I’m excited. The scripture tells us, what if we needed a piece of bread? Well, he’s going to give us a full loaf. He’s going to give us more than what we ask for because that’s who he is, whether it’s wisdom, right? It’s like if James says, if you lack wisdom, ask God for it, he’s going to give it to you. He’s going to give it to you freely.

Right? So everything that he does for us is a free gift. And he gives us more than what we could ever hope or dream. Like, I can’t imagine what life would be like without Jesus. That was a free gift. You just have to choose to take him, right. And accept him and abide by his way of life. That he showed us how to live. He left heaven paradise to come down to earth and to die and be resurrected.

Right. And he showed us how to live. He lived a perfect life. Now we’re never going to live a perfect life, but he showed us how. And all we have to do is. And what did he do? He cared for the sick. He was full of grace, full of mercy, full of healing. And love your neighbor and love God and everything else is going to fall into place.

That’s easy. The gospel is actually not that hard. That’s right. Amen. And that’s a great point to end with today. We’ll go to the Lord in prayer, if you don’t mind. Yeah. Heavenly Father, thank you so much. This reminder of how much you love us for your grace and mercy on our lives is absolutely mind boggling. At times especially, we just feel like we don’t deserve the forgiveness that you provide us all the time, the gifts that you provide us and your overwhelming answers to prayer, especially when we ask for wisdom, it seems to just pour in, in droves.

And so we’re just appreciative of you. We thank you for the sacrifice of your son and for him rising again from the grave and we just declare victory on that every single day. And we continue to lift up Dr. Elliott, his team as they go through you so much in helping so many. Would you continue to bless them and protect them from the enemy? We ask all this in the name of Christ our savior.

Amen. Amen. Well, thank you so much, brother. We’ll talk again soon. Sounds good. Lt. We’ll see you. .