Great to have Dr. Kirk Elliott with us back again. And we know.comgold is in the description box below. Folks, you can reach out to Dr. Elliott, have these conversations that I’m having now with someone on his team. They’ll get back to you within 24 to 72 hours. They’ve been inundated with all types of calls and it’s been just wonderful to watch the change and transformation of our nation since this past week. The inauguration, it’s been pretty phenomenal. A lot of shakeups going on, so many shakeups. And, and there’s so much news coming out constantly. And you know what? Trump made promises.

And literally one of the first politicians ever to keep his promises after the election. I mean, I feel so good for the J6 people who were finally released, right? And it’s like I, I was watching, you know, Trump made a lot of, like, very radical sounding promises, right? Like, let’s have tariffs pay for all of our bills rather than the irs, right? And so which we’ll get into. But I saw this clip from the Secretary of Commerce and he’s talking about the External Revenue Service and how for forever, all of our bills were paid by other countries and other companies who wanted to do business with the richest country on earth, America.

And so, yeah, you want to do business with us and make a fortune. Well, you’re going to have to pay our taxes, right? And so imagine that. I’m thinking it’s like, why would he stand up on Inauguration Day and talk about the External Revenue Service and how taxes are stupid, but tariffs are great unless they were planning on really fulfilling it or else he’d be called a liar. It’s like, you, bunch of empty promises again, right? It’s like, I’m so excited about what’s to come because we’re starting to see a lot of progress for the first time in a long time.

It’s like the wheels have caught traction and we’re actually getting out of the wet clay. It’s like, but. And I think as all of this happens, did you, I mean, I know you did because you’re watching it, but on the speech, Trump’s presidential speech at the Capitol, or really some of the best presidential speeches I’ve ever heard, I mean, they were fantastic. And just talking about the bad things that Biden and Kamala were doing while they’re sitting behind him, it’s like, oh, my word. It’s even making me feel awkward. It’s like, I would not want to be them in this room right now as the Whole world knows that they stunk it up bad.

That’s right. Trump was going to make changes. Right. So anyways, I. I was. I was. Did a lot of smiling that day, and. And it was. It was fun to watch. Yeah. It was biblical. It was biblical. He brought up something about there’s only two genders. Yes. Male and female. And he brought up folks to pray in the name of Jesus Christ, our Savior. He got rid of all the woke stuff, and it. It’s. And I would just say, again, he didn’t have to do that. It doesn’t have to be biblical at all. But he’s going more towards, hey, you plant the word of God into.

To everybody’s hearts, the whole world’s watching. And then there’s this concept, oh, my goodness, there’s male and female for all of these generations that have been transformed into believing that there’s more than one. And then all of a sudden, what. It destroys the Heavenly Father’s creation. I just thought that that was wonderful. It was so wonderful. And, you know, I. I was blessed to have gone to Trump 1.0 inauguration and got to go to St. John’s Cathedral for the. For the interfaith, you know, prayer meeting at the beginning of the day, and then the parade and everything else.

It was. It was really amazing. But that whole interfaith church service was a bunch of garbage. And when I was there, it’s like, you can’t have Catholics and Buddhists and weird witches and a Protestant talking and expect everybody to think, oh, this was fantastic. And same thing this time, as I was watching, and that female bishop gets up there and tries to lecture Trump on being kind to, like, I don’t even know. Yeah, everybody. People who are doing dishes and transgender kids and be nice. It’s like you’re assuming that Trump is automatically mean to people. Yeah, he’s not.

Trump actually took a bullet for the country because he. He loves this country, and he wants everybody to be free. Right. Then she’s just up there lecturing and turned a prayer service into a political speech. And I was so glad to see that. A couple of days later, I think it was on. On Wednesday, Trump blasted her board. It’s like, how dare you? It was supposed to be a prayer meeting, and you didn’t have any of it. That’s right. Yeah. It was right after midnight. She was getting into the LGBT stuff. And then, of course, she was getting into the compassion for the illegals here, but she didn’t call them illegals.

It’s for the people that are in, in our country. How dare we mistreat them? Which kind of gets into a clip I wanted to share before we get into your. The tariffs and more. We had this huge push by the mainstream media, right? Those that continue to watch them, like Bloomberg Radio here, they’re getting into, you know, the money side of getting rid of the illegals and what it’s going to do to our GDP. The American immigration council that say that could reduce GDP by 4.2 to 6.8%. The economic policy Institute found that without immigration, the prime age workforce would have essentially seen no growth at all in the past quarter century.

What is the economic impact potentially of the kind of deportation he’s talking about? Where would you find those workers otherwise? Well, let’s go back because I find all this pretty duplicitous for my entire career, probably most of your entire lives. The academic economist said, oh, no, absolutely. The unauthorized new arrivals do not put downward pressure on wages. Then lo and behold, in this cycle when we had the massive inflation we get, whether it’s 11 million new arrivals or as President Trump thinks, 21 million new arrivals, it does push down wages on, on the bottom quintile, which I think is abominable.

These are working people, Americans who are seeing their wages get pushed down. So now it’s what I always believed, what you could see, what you could observe. It does push wages down. And I would just say I dispute those GDP numbers because if it were good, why wouldn’t we just have a road from Terra del Fuego to the Rio Grande and let everybody who wants to come in. We could double gdp, but per capita GDP per American would drop substantially. It is about American citizen standards of living. The American immigrant, this guy right here, Scott Bessant, I believe, Treasury Secretary, Right.

I believe he’s going to be coming in and doing some great things too. It’s just great to have common sense once again brought back to these folks who are trying so hard to switch the minds of the people to say, oh my goodness, if we lose these people, they, they can’t wash our dishes anymore and clean our homes. According to that Bishop, whatever her name was standing up there, I mean, just totally throws that one out the door. I mean, what a rude thing to say, right? I mean, it’s just, it’s just so dumb. But Vicente is right in the sense of there’s only a static number of jobs right? Under the Biden administration, jobs are actually decreasing available jobs.

And when they got, I mean, here’s where they, they try to be Nice to all these people. Right. And they’re, they’re underpaying the people coming across the border illegally. But that just means they don’t really care about them. They just want to pad their own, their own pocketbook, and Americans aren’t working. This is the point that he was trying to get, because there’s a static number of jobs. You give it to somebody else and somebody else can’t get it. Right. So. So if you push the people back across the border where they came from, Americans will get jobs.

Americans who have been will actually pay into the system. Right. This is going to help government revenue. This is going to help our expenditures. I mean, when you’ve got people that have come in that never paid into the system, that expect to get benefits, no wonder they have to keep raising the debt ceiling and have all these stimulus plans, because they simply run out of money. Mm, that’s right. That’s right. So, speaking of money, we’re gonna get into the tariffs here. You sent me a couple of things from Zero Hedge. Zoomed in here onto the left side.

It’s hard to read on the screen unless I zoom in, so we can scroll left to right if you need me to do that. But right there, you’re showing this part here. Scenario base case and risk cases for trade, new tariffs and, and more. What is this all about? So this is like post policy analysis, right? Where. What is Trump going to do here? You know, when he talks about tariffs, when he talks about, like, what we talked about, external revenue service, collecting money so we as taxpayers don’t have to fund our country. Right. So what’s he going to do? So tariffs on China up to 60%, which is a 20% increase more than what we’ve seen.

Okay, that’s, that’s like a 50% increase. Right? That’s pretty good. However, on Mexico, they want to do tariffs of 100%, which right now it’s two and a half percent on, on Chinese electric vehicles manufactured in Mexico to come across the border. Right. So it’s cheaper for China to manufacture in Mexico when you can just drive it across the border, rather than shipping stuff all the way across the ocean with fuel prices and everything else. Right. So. So what’s Trump going to do? He’s going to say, all right, instead of two and a half percent tariff or tax, we’re going to do 100%, which is going to make them ultimately very uncompetitive and they probably won’t sell anything.

Right, right. And then tariffs in the European Union, 22.5% increase from. From where it was. Right. And then overall 3.4% increase on, on tariffs for, for all US imports from from everywhere. Right. So, so you start to add up all of these numbers. It comes up to trillions of dollars. This is why you can actually use tariffs to pay for everything when you couple it with the fiscal stuff that they want to do. Right. So that’s just the tariff stuff that becomes the revenue generating arm of America rather than taxes. Amazing, because we’re gonna have more money left at the end of the month as people so we can go spend it and then, you know, that just grows the economy.

But fiscally, what, what is Trump going to do here? So he wants to do a full extension of the expiring tax cuts. So he made a bunch of tax cuts in 2017. And Trump 1.0 administration, well, they expire this year. So you’re just going to extend them so people will get tax breaks. Now the biggest tax break ever is if he gets rid of the dumb irs. Right. So let’s hope and pray that that actually happens. But outside of that, you know, this is what they’re planning on. And then they want to expand SALT deductions, which are state and local taxes.

They want to extend those, which is about a $30 billion a year savings. They want to exclude an extra 50% overtime income tax, which means people who are working overtime, they half of the overtime they don’t have to pay tax on. Right. They want to lower corporate income taxes for domestic manufacturers, again, make America great again, bring jobs back into America. So manufacturers have a corporate tax of 15% rather than the stinking high corporate taxes right now. Right. Reinstate more generous corporate incentives, 100% bonus, depreciation, R and D expensing interest deductibility, all kinds of stuff that went away during the Biden administration.

And then he wants to limit green subsidies. Right. Which would be great. And this is in the speeches that we saw why he’s talking about US Automotive industry so much. Because he wants to get rid of some of these green subsidies and why he was kind of making fun of the stupid wind farms that are killing whales. It’s like, wait a second, you environmentalists want all this wind power, but yet it’s killing whales. But yet you want to save the whales and say, come on, you can’t have both. Right? So, so all of this to say there’s some really good proposals on the table now, is he going to be successful in getting them done? Is the next question.

A lot of this is going to be done via executive order because it’s just kind of unwinding Biden’s previous executive orders. It’s like, all right, Biden did a bunch of executive orders that caused harm, so just unwind those. They don’t need congressional vote to get it done, which is great. Some of these things are going to require congressional support, which is why we as people really need to support Trump and his policies. Because Speaker Mike Johnson only has a surplus of two. Right, right. It’s like, well, I can’t say that those are pro Trump Trump conservatives.

Right. Many of them are not. So these are going to be difficult things moving forward. But you know what? I am not concerned about. Even Goldman Sachs did kind of a little report here on these tariffs, and they gave it a great. A propensity. How, how likely do they think some of these things are going to happen? Well, some of them are 90% like the ones on China. Yep. So what Trump wants to do. I’m sorry, excuse me. What does 90% mean? 90%. 90% chance that these tariffs as stated are going to happen. Okay, gotcha. Okay.

Yep. So, and you look at these numbers and that’s like these are big numbers and this is part of the economic plan. Right. And so what, what Trump didn’t say in the speech when he said, you know, he’s going to put. Which is probably why Trudeau had to step aside in Canada, because Trump wants to put a 25% across the board tariff on Canadian goods and on Mexican goods. Right. Unless they clean up the border. Right. In Mexico especially, and stop the human trafficking and sex trafficking and fentanyl trafficking and. And just the sieve that it is.

Right. So, so Mexico is blustering and saying, well, you can’t do that and we’re going to fight back. It’s like they have no teeth. That’s a dog without teeth. So I wouldn’t listen to it. Trump is going to win on a lot of these things. And Goldman Sachs is giving these propensities of them happening. 90%, even the most extreme ones, they’re given like 40% chance of winning, which tells me that Trump has got a lot of. Because Goldman Sachs is not necessarily conservative. Pro Trump organization. Right. Globalist empire organization. And what Trump is doing is getting rid of a lot of the globalists and changing that for pro America type policies for the first time in.

I don’t even know. Well, in four years at least. You know, Trump, he had his stint in there for four years and Trump 1.0. But prior to that, we had decades of globalist presidents, right, who put the, who put the needs of the world above the needs of Americans. And shame on you. You’re the President of the United States, not the President of the world, right? So here’s where it starts to get a little bit interesting. And I think Trump has got a lot more momentum than what people actually think. I’m not saying this is going to be a walk in the park.

It’s going to be difficult because the globalists will fight. But Davos, the World Economic Forum started their meeting in Davos the exact same day as the inauguration, right? So they’re meeting all these big muckety mucks, right, that want to control the world and destroy the world. WF Only half of the people showed up. And it’s really quiet there. Nobody’s really talking. Well, Klaus Schwab started off the meeting saying in his weird German accent or whatever it is that, you know, we’ve got some reputation damage, people don’t trust us. Well, of course, because you’re evil. That’s why.

But then the very first meeting, it was like this 45 minute, four panel discussion. Some lady from the Middle East, a guy who is the editor for the Economist, a guy who is an editor for Time magazine, and then the commentator who is putting it all together from India. So the guy from India, the ones who’s putting us all together, obviously World Economic Forum through and through, Globalist. And he asked the first lady from, from the Middle east. This is what’s interesting to me, said, so you had a peace treaty, right? And this is really great.

And so what happened between Hamas and Israel and blah, blah, blah. And how did this all happen? You know, probably not expecting the answer that he got, which was, it was all because of Trump. Like what? The lady from, from Al Jazeera or wherever she was from, said it was all because of Trump. And the guy didn’t. You could tell. It’s like, oh, okay, well, explain why, you know, kind of a thing. She said, well, he put his foot down. He said, you will have a peace treaty before the inauguration or else. Right? And that works.

Strong leadership works. So then they get to the Economist guy and he’s him han around. And then they get to the guy from Time, the American dude, and obviously flaming liberal, right? And they said, so what do you think of Trump’s economic policies? He said, well, I don’t think they’re going to work because they’re not pro growth policies. It’s like, what? Okay, what. What kind of weird air are you breathing? Because. And then I thought about it and he’s absolutely right. Trump’s policies are not pro growth for the rest of the world. They are for America.

And this guy is a globalist. And so of course they’re ticked. Right. It’s like, yeah, they’re not pro growth for China with the tariffs going on. China, they’re not pro growth for Mexico, they’re not pro growth for all these countries that we’re gonna slap tariffs on, but it is pro growth for America. That’s right. And, and Trump’s strong leadership in the Middle east caused a. It’s probably not going to be permanent. They can never stop fighting over there. But a temporary ceasefire, right? It’s which. They’ve been going at it for a year because they got no opposition from Biden.

Right. At all. So here’s where things start to get really interesting. Moving forward. I’m very eager. LT to see what the first 90 days looks like, what kind of things get done and how the rest of the world starts to react. Because if Trump gets his way, even on 50% of these things, the economy is going to grow. It’s going to grow robustly. But I am expecting massive opposition. Don’t, don’t get me wrong, I think it’s not going to be an easy journey, but here’s where I’m excited. When you have a growing economy, everything that you and I have talked about, how do you succeed during this time? Well, you could do cryptocurrency.

If you trust it, that’s going up. Trump seems to be very pro crypto. But most of my clients, I’m, I have a, you know, precious metals dealership, as all of your viewers know. They’re like, majority of my clients are 50 plus. They wouldn’t touch crypto with a thousand foot pole because they don’t trust it. They don’t know how to set up a coin wallet, they don’t know how to do any of that stuff. Right, Right. They go back to what has been tried, tested and true for millennia. We’re not not centuries. But gold and silver, it’s what kings and kingdoms have fought after since Old Testament times, right? That’s right, because it’s real and it’s transparent.

And I’m not saying that other things aren’t going to grow. I’m just saying that gold and silver are going to grow. And here’s the reason why gold will go up, because central banks are buying it by the tens, hundreds or thousands of tons. Right. To back their currency. Because they know in a world where we’re moving from paper to digital, most people aren’t going to like that. When I did my first PhD in public policy, one of the main things is how do you get policy enacted? You have to take incremental steps. You have to have a common thread from policy to policy for people to accept it.

Right? And so if you just went from paper to digital money, there’s nothing in common there and people would probably reject it. But if you go from just like, let’s take the, the life cycle of money, you went from, you went from gold, you know, that was currency to gold backed money like $20 bill equaled 1 ounce of gold. All right? So people accepted the new money, the paper money, because it had gold backing. Well, over time they get used to that and you dropped the gold backing and now it’s just paper. So now you start to have credit cards.

People are using credit cards along with paper and the concept of digital money is going well with it. Now you move to cryptocurrency and people can drop the paper money because there’s always this common threat, right? So now what I see happening is with central bank digital currencies coming, there’s got to be an alternative, right? Because that’s complete people control. That’s probably the mark of the beast, right? And so you have other kind of digital money. And here’s what I’m starting to see. There is this article in Saudi Arabia which is blending the old and the new.

So Project Enbridge, which is a project between many of the BRICS nations, the Islamic oil nations, OPEC and the bank for International Settlements. Project Enbridge is a cross currency platform where money can change between countries quickly and easily. It’s digital, but you can also have it commodity based and move gold back and forth as payments. It’s like, wow, they actually put together a system where they will accept commoditized money or backed with gold, backed with silver, backed with any kind of commodity and they built the platform. Why would they need to build that platform if they thought everybody was just going to go for digital money, you know, hook, line and sinker? Because they know that they won’t, right? They need to have something that’s tangible.

And Saudi Arabia is moving away from just oil as their mechanism for survival. Right? So, so going into, they’re going to now start having currencies that are backed by gold, backed by copper. They’re going into different rare earth materials in Saudi Arabia because they know that things change, things always change. Everything has a Life cycle, whether it’s, whether it’s currency, going from tangible to paper to paper, intangible to crypto. Right. Digital. I mean, everything changes. And we’re on the cusp of these things changing right now right underneath our nose. And when you can identify that and you can identify the commodities that currencies are going to need to survive to back their currencies, be it gold and silver.

Well, you allocate into that strength. It’s not that you’re participating in a beast like system. You’re not taking the digital money. You’re actually profiting from something that’s time tested and true. Gold and silver since the beginning of time. Right. And this is why they want it, because they know that they need it to actually get public acceptance moving forward. And if you own it, you can sell into that strength. And that’s how I think using biblical wisdom and understanding and identifying these trends can really propel you financially into a time of peace in your mind. When you put your head down on the pillow at night, you’re excited about it because you know you’ve done everything you can do to protect and preserve and you don’t have to let the foundations eroding around us, you know, financially, globally, wars and rumors of wars, you know, there’s more than just Trump that’s going to bring good news.

You can actually profit financially by doing the right thing as well. And that’s what, what I’m excited about. That’s right. Yeah. It’s pretty cool. This last article that we’re looking at, Gold finance is shifting and Saudi Arabia is driving change of bulb mineral investment, stronger China ties and new trade strategies. And it says in bold commodities could soon become the foundation of a new financial order. Yeah. Wow. I mean it looks like it is Money as we know it, I think is a couple years away from going extinct, which is central banks issuing paper. I think two years from now we’re not going to have any more paper.

It’s probably going to all be digital, whether it’s central bank digital currency or decentralized blockchain. Now the ultimate would be, is you have some kind of digital money that, that’s like a stablecoin. It’s backed by gold, it’s backed by silver. Which is exactly what states are not trying to do making gold and silver legal tender like in Texas. Right. Like what countries are trying to do like Saudi Arabia, Project Enbridge. Having digital money that’s backed with a gold or silver commodity. I mean this is actually I think wisdom speaking. And we get to take advantage of that.

That’s right. Yeah, that’s right. Because all the states, a lot of them been stepping in and doing that, and so it’d be great to have it play out for the entire United States of America. That’d be wonderful. Of course, we can all be a part of this and start now and early just by getting in touch with you. And we know.comforward/gold, and they can also call you. What’s that number again? 720-605-3900. There you go. If you make that call, folks, you’re going to be taken care of. You’ll even receive prayer. If you ask for prayer, they’ll pray with you and help you and guide you in the right direction.

What a great team. Thank you. Dr. Kirk Elliott. What a great first week after the inauguration. A couple of things here and there that we have to get through, but I think it’s going to be a great first 90 days, that’s for sure. I do, too. Can’t wait. All right, we’ll see you again soon. Bye.
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