8.11.24: LT w/ Dr. Elliott: Japan money woes are affecting the USA. Precious metals now more important then ever. Pray! | And We Know

Folks, it’s so good to have Dr. Kirk Elliott with us once again. A lot of folks traveling in and out of different states. We’ve been going all over the place, and it’s just been one thing after another happening this week as we get ready. We’re going to get into Japan in a moment, but you guys can go to amwino.com forward slash gold in the description box below. You can reach out to Dr. Kirk Elliott at any time. You can talk to all of his staff. They will love on you, take care of you and definitely help you with your precious metals.

401, bring in those. We’ve had a great journey, but this stuff that’s been happening every single day in politics is just driving us crazy. We’re trying to stand on the outside. We pray and everything, but man, they keep throwing folks like waltz. I say, he just waltz right into the door and it costs all kinds of trouble. It seems like sometimes that if God’s in charge of this whole thing, we know he’s in charge of everything. And he’s using people to expose the enemy. Man, he’s picking the worst characters in the world because this guy is the worst that you could pick.

I mean, have you seen videos? I know you have. That’s a rhetorical question, but videos of like Minneapolis, it looks like a third world country war zone, you know, with all the riots and protests ahead. It’s like, this has got to be like Somalia. This isn’t Minneapolis. But it was Minneapolis. It’s like, this is what happened under this guy’s watch. It’s so bad. And you know, I think it’s going to be easy for Trump to actually have the same message that he had before. You know, different opponents, same exact message because on their side, it’s the same outcome.

And no wonder Kamala picked him because it actually makes her look a little bit better, I think. I mean, good grief. This guy’s awful. He is, he’s out there spouting that he wants no free speech at all, but nobody has a right to free speech. So basically he hates our country. There’s another one out. I don’t know if you saw a video where he actually showed, I’ll show you. I’ve got it actually queued up right here. Add it to the stage. There we go. Here he is replacing the flag there in Minnesota to a Somali flag.

I mean, the guy has lost his mind. It’s just, why would they even bring this person out? It doesn’t make sense to me. Unless they’re trying to wake up the masses and all of the folks, the Democrats and those independents that for some reason think, oh, Kamala’s good, Biden was good, whatever. They’re going to maybe, maybe wake up a few more people. Who knows? Well, I think people are, I think people are waking up, LT. I mean, so when you look at what they want to bring to the table, they want to bring in complete control.

They want to, I mean, literally this is right out of the enemy’s playbook. They want to create so much fear and discord and distrust, right? It’s like, this is the Obama way of doing things, which is as a community organizer, right? How do you organize a community when he was in, you know, inner city Chicago or whatever, right? Well, you create questions in people’s minds. And then that question in a person’s mind becomes a groupthink question. And all of a sudden, everybody distrust their leaders. And once you start getting people to distrust their leaders, then you could say anything and they’ll say, yeah, you’ve got a really good idea.

Let’s get going with it, right? So you’ve got financial collapse. You’ve got politicians that they don’t know who to believe. You’ve got banks that are failing. You’ve got wars and everybody believes that Israel is the bad guy. It’s like Israel’s defending itself against all kinds of nations and groups that are like bombing the living day. It’s like, what in the world is going on? But it’s questions, right? It’s like question, question, question, authority. When you question authority enough, you start to lose trust in that authority. And then they can kind of get whatever they want. Yeah, that’s right.

That’s right. Yeah, that’s amazing. I always talk about the needle and the desensitizing of the people. You bring the needle over to the right just a little bit. I’ll just say to the left where they can go crazy. They change the definition of marriage and say, it’s not going to hurt anybody. And then that goes into the next step of what we’re going to bring books into the children. And then the next step before you know it, they have control over the parents and say, we can do whatever we want with your kids. You’re not the real parents.

We’re the ones that can take care of them. And they just whittle down at our family values, our children, and so much more. And then, of course, then it comes down to our money and how they affect that and what we’re doing in the background, what they’re doing to all of us in the background. And how they’re trying to destroy us completely. And that’s happening in the world. And you had something to share today out of Japan and how that has a ripple effect across all of us. I mean, it does. And so, OK, so you and I have been talking for like a year plus about bank failures and what’s going to come next.

And how we’re going to have more bank failures and how there is going to be not a correction in the markets, but a collapse. It’s like this is going to be a big one. And we’ve been talking about it for a while. What we didn’t realize is what the spark could have been that caused it. Is it a credit downgrade of the US dollar? Is it some kind of a nuclear war? Is it banks failing? Is it the government running out of money? What is it? What is going to be the spark? Well, I didn’t think that it was going to be Japan.

But I think that this actually is the spark that’s going to cause a global upheaval of just about everything. And here’s the reason why. Because people have texted and called me this week and said, really, Japan? It’s like, yes, Japan. So here’s the reason why. So since, I don’t know, the 80s maybe, Japan has this this economy that there’s so much debt in it. But it was hidden debt, right? So they’ve got all this debt and they kept artificially low rates to the yen for the longest time. Like people could borrow the yen at close to 0% interest rate.

There was a time during COVID where the interest rates were negative, like negative. So when people wanted to borrow money. So that created something unique called the yen carry trade. So what is the yen carry trade? And it’s a simple, complex scenario. But in simplicity, I’ll explain it as it’s like arbitrage. If you are a country, a hedge fund, whatever, something big, right? You go and you borrow from Japan at like 0% interest rates. And then what do you do with that money that you’re borrowing? You’re invested elsewhere. So in normal, like monetary advisor economist way of thinking, you want as risk free of an asset as possible.

So you could borrow money from Japan at like zero. And even you could put it in the US Treasuries, 30 year Treasury for like 4.5%. What’s the difference? You’re borrowing at zero, you’re getting 4.5% risk free money, right? So technically risk free. It’s not really risk free. I would say the US Treasury is not a riskless investment, right? Now, but that’s the theory where you can borrow at zero and invested in anything else. That’s the yen carry trade. So this has been going on for a while. And if you look at Japan’s balance sheet today, it’s about $20 trillion.

It’s all yen carry trade. That’s what it is. So Japan’s balance sheet is a country of about $20 trillion is all this yen carry trade. So a couple of weeks ago, so they’ve had this low zero interest rate policy like forever. Well, then they decided, okay, this is where it gets squirrely. I’ll see like really squirrely. They decided, we’ve got to raise rates. It’s like, ah, the world’s shuttered, right? Because even a quarter percent rate hike, when they’ve got 20 trillion in this yen carry trade, that kills the yen carry trade on day one. But not usually just one rate increase, they’re going to have more and more and more.

So what happened was, on that announcement, the largest bank in Japan loses 21% of its value in one day, one day, the top 10 banks in Japan, they all have on their stock market, they have all these losses of like 9, 10, 12, 15, 20%. Right? It’s like all of them, they’re just come crashing down. And then that spread to the United States. And on Monday of this week, the Dow was down like 1000 points, right? It ended up closing the day at down 700 and something. But then it was down again. And it was down the week before.

I mean, this is kind of this horrible activity, because people know that the free money lending, that risk free lending and investing elsewhere, that game is over. And so so now you’ve got all this outcry, right? You’ve got what Japan can’t raise rates in the middle of a recession. Are they nuts? It’s like, they might be nuts, right? But but here’s their dilemma. They could raise interest rates, because the reason that they had to do it is they’ve got so much inflation, LT, that they have to raise rates to slow down that inflation. Okay. So if they didn’t raise rates, then then inflation persists, and it goes through the roof.

So this is our catch 22. What are we going to do? Do we raise rates and cause a recession? Do we keep rates the same or lower them? And actually, inflation goes through the roof, which puts us in the realm of Venezuela, Argentina, Zimbabwe style inflation, right? They chose to say that they were going to raise rates. Here’s the thing, that decision, it hadn’t been acted on yet, cause the whole global marketplace to fall apart, right? So so then on, let’s see, what day was it on Thursday, of this week? Or no, I’m sorry, Wednesday of this week, they decided, well, maybe we’re not going to do that.

Maybe we shouldn’t do that right now, because look what it did. But what they just said is, is it’s inevitable, they have to do it. So there, look what happened to the markets, the decision that they were going to do it, then they didn’t do it. But the day is coming, the inevitable day is coming when they are going to do it again. And imagine what happens to the markets then, LT, it’s awful. It’s off the rails, awful. This is everything that you and I have been learning about for over a year. Because just on the mere words and thoughts of that happening, the markets were like devastated.

But here’s where it starts to get a little bit weirder in my mind. So you’ve got Warren Buffett, the Oracle of Omaha, the one of the best investors that ever lived. And we talked last week about what he did with his Bank of America shares, right? He’s sold $3.8 billion worth of them. Because he doesn’t believe that banks are actually in a financially stable ground. Because there’s two reasons why people sell anything. Number one, they need money. Number two, if you’re an investor, you sell something now, if you think it’s going to go down and value down the road, because you want to lock in your profits, right? So let’s analyze that.

Does Berkshire Hathaway and Warren Buffett need money? No, they don’t. In fact, they’re sitting on $277 billion of cash. It’s like an all time record high for Berkshire Hathaway. They don’t need money. So therefore, he’s selling stuff now because he thinks it’s going to come down in the future, the banking sector. Now, what did he do on Friday? The day before the Japanese decision, he decided he’s going to sell roughly 50% of all of his Apple shares. That’s like over $50 billion worth. What in the world? So Warren Buffett’s been on record of saying he loves his Bank of America.

He loves his Apple shares. He loves them, right? But so why would he sell them? So you look at the two sectors that those comprise, the banking sector and tech stocks. He’s getting out of dodge. Well, what’s left for America? Right? We’ve had jobs that have been outsourced to Asia for decades. So we don’t have manufacturing. We don’t have tech stocks anymore, according to Warren Buffett, because he’s getting out of dodge. He thinks they’re going to come down. He thinks that the banking sector is bad because his president, Buffett’s a Democrat. He’s supported Biden. He’s like, oh, these policies are bad.

I’m getting out of dodge, right? So even Biden’s losing support from his own people because Biden, I’m extinct so bad. When we look at that, it’s like, how in the world? Either he’s listening to and we know, to kind of doubt it, or he knows something, right? He’s talking to world economic forum people. He’s talking to people at the bank for international settlements or the president himself, right? And he’s saying, okay, I’m going to sell all these things the day before the Japanese market meltdown. Are you joking me? That’s not coincidence. Not him, right? So when he did that, he got to dodge the day before.

Now, when you’re that big, I start to ask myself weird questions. Did some of the market fallout happen because Warren Buffett sold $50 billion worth of Apple and the markets collapsed? Or did he just know that it was going to happen? Everything starts to fall apart because of Japan. Either way, this guy knows something, right? And he got out of dodge right before. So we should start to look at that and say, what comes next? When we’ve got banking failure, on a word, wait till we get the action. And what’s that going to cause? You don’t raise rates, like Japan said that they’re doing, in the middle of a massive market meltdown, in the middle of a correction, in the middle of a recession, in a horrible economy.

You don’t raise rates because that will kill the markets. Well, they thought they had no choice because their inflation was so much. And that killed the carry trade. So when you do that in the middle of a recession, it’s going to slow it down even more. You know what I say goodbye to? Yeah, right? All of these stocks that are going up in this tech stock bubble that we’re seeing, you slow things down and you slow down capital and banks are going to start failing. All of these things that we have as people, not and we know listeners, right? We’re cut from a different cloth, right? But as a whole, as America, we hold our faith in money as a country.

You and I know, and we know listeners, we have our faith in God. We have our faith in something that we can’t see rather than something that we can. So this is where the world is starting to fall apart because they’re violating God’s elemental law of success is have no other God before me, right? Where people make money their God. They make this convenience their God. And so I’m looking at all this and thinking, this is a foreshadowing of things to come. It is going to get so much worse because on Wednesday, Japan said, we’re going to put the brakes on this.

We are not going to raise rates in a market meltdown, which means the inflationary pressures are going to persist. And all they’re doing is pushing it down the road. It’s going to make it so much worse. So much worse. And so this is why we shout from the rooftops every single time we can, people be safe, get out of harm’s way, get into something that actually has accountability and transparency and a realness to it that thrives during times of crisis like this. Yeah, it’s amazing how you tie it all together and you show how Japan and the United States are so closely connected.

It’s almost like what other countries have an effect on just the United States alone. But at the same time, we continue, like you said, a lot of folks move forward and think, hey, I’m okay. I’ve got these certain assets in my pocketbook. I’ve got my bank account. Everything is fine. I don’t really need to do any change in my life for when it’s over. And so the folks that aren’t paying attention, they realize like I was having a discussion today just riding with somebody in the car and like, you know, it used to be, you know, 50 cents, you know, to get a gallon of gas back in our day, 50 cents to a dollar and now, you know, $4 or $5 a gallon.

Yeah. And when did it change where you walk in a store and you get, you know, some candy for, you know, a nickel or a dime, and now you’re paying, you know, $1, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5, $5. Well, to add to that, because that is so wise, you know, having trust into something that’s real rather than something that’s not. So Marjorie Taylor Greene had this post on Monday, the Market Meltdown Day.

And our company was impacted by this, right? So, and a lot of people don’t know because we’re savvy and quick on our feet, right? But we get in and markets are melting down, stock market down 1000 points, right? And it’s like everything’s happening and blowing up. So oddly enough, on that day, there’s a website where you can track things that are going down, right? So we’re like, the people have called in, they can’t access their website. Who was down that day where nobody could access their accounts? Yeah, so Market Meltdown, people are trying to sell their stuff, and they couldn’t access their accounts.

Now, it gets worse than that. On that page that you’re seeing there, Lumen, that’s not a financial advisory account. That’s an internet service provider. That’s the one that we use as a company. We have it’s like high speed, you know, fiber optic network. I mean, that’s what we use. Well, we couldn’t get on the internet that day. It’s like, oh, my word. So we called tech support. It’s like, we can’t get on. And they come up with some crazy cockamamie scheme that says, Yeah, there was an HVAC issue and the cool and the coolant system was down.

So what does that have to do with the internet? It’s like, you don’t understand this in this financial world, biggest market meltdown since 2009. In one day, and we can’t access our accounts for our clients. Well, it was kind of a little fib, so to speak, because all of my everybody at the home office said, Okay, log on to your hotspots, we’re not going to be shut down. And we didn’t, we weren’t even shut down for more than two minutes, because we logged into our hotspots, because thankfully, AT&T and Verizon weren’t down.

But look, when when they wanted to stop a massive market sell off, they don’t have to put the brakes on the markets and say, and stop trading like they did in Japan when the Nikkei was was actually shut down. So people couldn’t even trade anymore. And they put trading restrictions in. They actually went one step further here in America and said, Schwab, Fidelity, Vanguard, Ameritrade, E-Trade, can’t access your accounts. And then they went one step further, CenturyLink, Lumen, Spectrum, you couldn’t get on to your internet provider. It’s like, who’s at fault here? Right? Is it? If it were just one LT, if it were just Schwab, I’d say, Oh, man, their IT person is probably getting fired.

They’re having a really bad day on a market meltdown. They’re shut down. But it was across the board. This was so weird. Which is why Marjorie Taylor Greene posted this and said, this is not coincidence that this is happening today. There is some kind of big thing going on, right? And she’s right in my heart, in my gut. It tells me that she’s absolutely right. And this evil government will go to no ends to control people and to get their way. I mean, this is this is insanity, which is why it’s so important to me.

And I know it’s important to you that people have tangible assets that aren’t digital, that aren’t paper, that aren’t connected to things like this, like physical gold and silver that you take delivery of or have something physical you store in your IRA. You’re kind of out of the system, which is why it’s so important. That’s right. That’s right, man. You just bring up some great, great information. We so appreciate you. I mean, we have gone through this now, year and a half. And so I’ve asked you the questions, and many have grown, and it’s just very, very appreciative of how you are able to tie things together.

I mean, your wealth of knowledge and research and more have just really been overall protection for many. And even the Doctorate Theology has helped out, of course, with our Realizing to Am We Know listeners, most of them do tune into the Word of God, and they listen intently knowing that the Holy Spirit’s guiding you. And so we really appreciate that. I’m going to pray for you real quick before we close. Thank you. Thank you, Father. Thank you so much for Dr. Kirk Elliott, what you’ve done in his life and how you’ve just prepared him for such a time as this.

We can’t just thank you enough for him, his family, all those around him that continue to work so hard to provide just the steady balance in this rough, crazy world and these rushing waves that continue to hit us of, you know, information. You know all that’s going on. You’re in control. And just ask for continued protection over him as he continues to go through battles with people that just don’t like what he’s doing. The enemy definitely can’t stand the support that he’s bringing to so many across this earth. We just thank you for him.

We ask all this in the name of our Savior, Jesus Christ, amen and amen. Amen. All right, brother, we’ll save travels and we’ll hopefully talk to you again soon. Again, amwindo.com forward slash gold. Below this video, click on that link, folks, you will have a blast having a conversation with Dr. Kirk Elliott, just like we’re doing here, right? And we’ll talk to you again soon. See ya. [tr:trw].

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