➡ The discussion revolves around the concept of a global “reset” happening under Trump’s leadership, with changes in social, economic, and political systems. The speaker, Alex, suggests that this reset might be leading to a new world order where power is shared among multiple nations, rather than being dominated by the U.S. The conversation also touches on the potential for conflict with Iran and the complexities of global politics.
➡ The article discusses the constitutional and geopolitical implications of the U.S. involvement in a potential war with Iran. It argues that the U.S. President does not have the constitutional authority to declare war without Congress’s approval. The article also explores the reasons behind the tension, including Iran’s threats to Israel and its alliances with China and Russia. It suggests that the U.S. involvement may not be in the country’s best interest due to the financial burden and potential weakening of its global position.
➡ The situation between the US, Iran, and Israel is complex and tense. The US and Israel would prefer Iran not to have nuclear weapons, but Iran is unwilling to give up its defenses. This conflict could potentially escalate into a global crisis, causing significant damage to the global economy and potentially leading to a humanitarian crisis due to shortages of essential resources like fuel and fertilizer. The situation is further complicated by the involvement of other countries like China and Russia.
➡ The situation in Iran is critical, with a humanitarian crisis already underway and the global food supply at risk. The potential for a nuclear weapon being deployed is real, and the consequences could be severe. Despite the ongoing war, the speaker advises not to sell gold or silver, as their value is likely to increase due to the current economic instability. The speaker also encourages people to appreciate their safety and loved ones, and to stay informed through reliable sources.
➡ Alex joined us on the Arcadia Channel to discuss the current state of the market. Gold and silver prices are rising, with silver reaching almost $80 and gold nearing $5,000. Fortuna Mining reported an increase in gold production, and with the higher gold price, they’re expecting record profits. They’re also planning to expand their gold production, which could further increase their profits.

World’s most powerful reset. Alex, any thoughts on what is being implied in that one? It does seem like we’re watching this reset play out. And you know, whether Trump is fully in charge of this process, I suspect he’s probably not. But the fact is it is happening. It’s accelerating under his leadership. Well, hello there, my friends. Chris Marcus here with you for Arcadia Economics. We’re recording on Monday, April 13th. This will be broadcast Tuesday, April 14th. But with everything that is happening with some rather fractious. Is that a word, Alex? Fractious events in the world that are breaking things into fragments, obviously.

You know, we talk a lot about gold and silver here, but what is. I don’t remember a more binary time in the market where war goes one way, you have one set of outcomes, goes another way, you have another set of outcomes. So fortunately, to dig into all of this where I get the feeling that everything that comes out of government isn’t necessarily the exact way that it went down. So we do have an expert in. Alex Newman, widely featured guest on Greg Hunter’s USA Watchdog. Of course, he also writes for the Liberty Sentinel, the New American, and also Classical Conversations.

So, Alex, you’ve been busting up the deep state and calling out government shenanigans for. In the decades yet. I know it’s been quite a while, but anyway, it’s great to have you here. First of all, how are you? Good to be back. Thanks so much for having me, Chris. And yes, it’s almost decades. Crazy. I graduated from journalism school back in 2008, so we’re rapidly coming up on decades. Yeah, well, go figure. And I mean, it’s. It’s interesting. In my studies of the Charlie Kirk situation, one of the things that I saw him mention was that this was the.

We’re the first generation that is on track to be worse off than the previous generation in the U. S. So certainly an active time you’ve been covering things. Alex, if we go back to 2008, just real quick, since we do have our gold and silver themed audience here. Gold and silver prices were quite a bit lower back then. Here we are on Monday afternoon at 47.66 in the gold futures. $75, Alex, could you imagine $75 silver back in 2008? You would have been called a kook and quit, you know, quit being ridiculous. That’s never going to happen.

And here we are. Well, that is true. On a quick side note, I was thinking about it over the weekend where the gold price really, you know, it hasn’t just rallied the last two years. It’s been rallying the last 25 years. And when you look at where we are as humankind, the things that drove gold over the last 25 years, there’s a good chance we see a continuation of that, of which a lot will stem from really the resolution of what we’re seeing with this Iran war. Alex, is it safe to say that this hit me last week when we were waiting for the Tuesday night decision.

Do we end a civilization, including a lot of people who have nothing to do with it, or do we get a deal like, is this what it was like in the Cuban Missile Crisis, where it was like, quite intense, emotional day? Is there something else to compare it to? Or what could you say about that? Yeah, the Cuban Missile Crisis does come to mind as maybe the only thing that was even remotely parallel. But frankly, I don’t ever remember hearing an American president talking about wiping out a civilization. I mean, even when the US Government dropped nuclear bombs on Japan, they never publicly said our goal was to eliminate a civilization.

It was, you know, to bring about absolute unconditional surrender is what we were told. Okay. You know, the Japanese had indicated that they would fight until the end if they. If their God emperor was going to be deposed. And of course, they probably would have. But of course, the US Government knew that they were basically on their knees begging to surrender. And even still, we weren’t talking about ending a civilization. We did have the mutually Assured destruction idea during the Cold War. I think a lot of that was engineered partly to terrorize people into being willing to give up sovereignty and empower institutions like the United Nations.

But even then, you know, we didn’t have people threatening to wipe out civilization. So it’s a very strange time in geopolitics. And I think over the course of the next two and a half years, we’re probably going to see a very profound reshuffling of the global order, probably in ways that Americans are not going to like. Well, we can go right there because this one came out in the last couple of days. It’s active content on Donald Trump’s Truth Social feed. I, on a side note, wonder if someone could tell him, like, when you’re really typing a lot of stuff, like, is the space or is the enter button on his thing broken? We could get like a couple more paragraphs in there, although this one’s a little bit more brief.

World’s most powerful Reset. Alex, any thoughts on what is being implied in that one? Well, you have to wonder, right? The Great Reset, of course, came in during the COVID crisis. And we all remember that that began under the leadership of Donald Trump. In fact, when you had Klaus Schwab of the World Economic Forum and the head of the United Nations, Antonio Guterres, and the head of the imf, Kristalina Georgieva, and then Prince Charles and a senior leader of the Communist Party of China announcing the Great Reset in the summer of 2020, Donald Trump was still the president.

Right. So we need to remember that, you know, whether Trump was fully cognizant of how this was going to be used to try to reset everything, social systems, economic systems, political systems, I don’t know. But what we’ve seen is that even some of the things that Klaus Schwab talked about in his book on the Great Reset have been accelerated under the administration of Trump. And it makes Trump supporters uncomfortable when you talk about this. But I think it’s important to mention one of the things, for example, that Schwab talks about in his book on the Great Reset is how people are upset with globalism.

And so we’ll use, he said, an in between solution to advance the agenda. And that in between solution, he explained, is regionalism or regionalization. That’s exactly what we’ve seen accelerating now. We saw it accelerate during the first term of Donald Trump, even here in North America. Klaus Schwab talks about how the European Union could be a model for regional governments. And he says even in North America, Mexico, Canada, the United States, they could draw closer and integrate their economies more. It’s exactly what we saw with the usmca. And now during the second term, we see them talking about how they’re going to expand and deepen the usmca.

So they already brought way more areas of law in under the jurisdiction of these North American tribunals. And I think we’re going to see more of that under the second term administration. But at the same time, we’re watching the implosion of the old unipolar world order, where the United States was kind of the unchallengeable hegemonic power, and the emergence of what the globalists have been calling for for now 15 years, this multipolar world order, where communist China and Russia, the brics and the European Union would all have at least an equal seat at the table. And it does seem like we’re watching this reset play out.

And, you know, whether Trump is fully in charge of this process, I suspect he’s probably not. But the fact is it is happening. It’s accelerating under his Leadership. Okay, which brings, brings us to the key question here. Would love to get your analysis of what is actually going on where we have Marco Rubio and others said that basically Israel was going to attack Iran and they felt Iran would strike back the US So they decided to attack Iran first. His words, not my opinion. I’m trying to understand aside from that, what, what is going on here? I mean, I try to have an even sided view.

Yet whenever I think of Iran again, having studied the overthrow of Mohammad Mossadegh back in 1953, then you had the Shah in power for 1979. A lot of things that were not ideal happen during that time have happened since that time. And I always hear this, Iran is the great terrorist trying, legitimately trying to understand better how much truth there is to that. We’re in the end, the situation has been left with a mess. But in terms of like what’s going on that led us to that before we get to what will happen from here, anything you could shed light on.

So people are just trying to understand what is happening in the world and why can get a little better understanding. Well, I think the Secretary of State’s remarks speak for themselves. He was very clear that the reason that the US Government felt compelled to do this, I guess preemptive attack on Iran is because the Iranians were going to strike a, at our warships, at our military bases. And that they were going to do that because the Israelis were going to strike with or without us. And so, you know, the obvious question is why did the Iranians put their countries so close to our military bases and our warships? Like who do they think they are? Right.

But in all seriousness, this is very problematic. Right. Our Constitution actually has a very detailed delegation of powers among the three branches and it’s got a very detailed delegation of power to the federal government itself. And if you read Article 1, Section 8, that includes the powers of the Congress and Article 1 actually makes clear that all legislative powers are reserved for Congress. That means there’s no legislative powers for the executive, none for the judicial branch. And one of those powers is the power to declare war. Declaring war because by the President because we thought that they might attack our ships because somebody else was going to attack them.

You know, that’s not listed in the Constitution as a valid exception. In fact, there are no valid exceptions. So as far as I’m concerned, from a constitutional perspective, this right off the bat fails the common sense test, it fails the Constitution test. And we need to be honest about that. You know, people can have different opinions on the wisdom, or lack thereof, of this war. We, while still understanding that it’s entirely improper for a president or any executive branch official to just wake up one day and decide to get the United States involved in a war without the consent of Congress, whether that be because of a foreign government or because of a perceived real or imagined threat.

None of those issues are the real issue. The real issue is the Founding Fathers put the war power with Congress for a very good reason. They spent a long time thinking about this, debating it, and they did it very thoughtfully. And so if we have a problem with that constitutional structure, we have a way to change the Constitution. It’s in Article 5. People can read that. We can always change it if we don’t like it. But as of right now, as far as I’m concerned, this is unconstitutional. And we haven’t gotten a lot of reassurance from any of the top administration officials on what really is going on here.

Yeah, because it’s actually been tricky trying to figure out. It’s like, why specifically are we doing this? We hear a lot about nuclear. I’ve seen the clips of Netanyahu saying for the last 30 years that they’re two weeks away. Again, it did remind me of hearing about what we were told with Iraq, that they had these weapons of mass destruction, which it turned out not only didn’t they have, but they also knew that it wasn’t there. Went in and there’s. There’s a lot of things that leave me uncomfortable as a citizen, aside from the financial markets that I’m seeing going on here.

Is this really about nuclear or what. What do you think is really. What do you think is the reason that they’re doing this? And if. If they were forced to pin down why specifically the US Is at war with Iran is because of. What would they say and what would you say? Well, I mean, I think from the perspective of the Israelis, it’s obvious why they’re concerned. I mean, you’ve got the top leadership of the Iranian government constantly and regularly saying things like, death to the little Satan, and of course, death to the great Satan. That would be the United States of America.

And, you know, Israel is close by. It’s a very small country. They’ve got less than 10 million people compared with Iran, which has almost 100 million. It’s a very small country, very vulnerable, surrounded entirely by governments and in many cases, people who want to wipe them off the face of the map. And the leadership in Iran regularly says things like, you know, we’re going to cleanse the land from the river to the sea, which is kind of a fancy way of saying, we’re gonna get rid of all the Jews there. And so, you know, if you’re an Israeli and, you know, you’re a mom and you’re dropping off your kids at school and you hear a foreign government saying those kinds of things, you can understand why you’d be concerned.

Then you find out that that government is enriching uranium. And by the way, nobody denies that they were enriching uranium. You can understand why you’d be extra concerned. Now, it’s also true that the Israelis have a nuclear program, and they almost certainly have large amounts of nuclear bombs in their defense. They don’t go around normally saying that they’re going to wipe countries off the map or things like that. But, you know, from the Israeli perspective, I understand why they would be concerned as far as why the US Government is so interested here. Now, I think that’s a whole other question.

The official excuse is, well, Israel is a really good ally of ours, and also the Iranian government, you know, they don’t like us, and they’ve been killing our troops and they’ve been supporting terrorist organizations around the world. And I think all of that has at least a kernel of truth, truth to it. I think it’s also true that the Iranians are working very closely with the communist Chinese and the Russians, who I think are eventually hoping to displace the United States as the geopolitical center of gravity, whether by force or by other means. I think force if necessary.

And so I think all of those things can be true, while at the same time pointing out that it may not be in the best interest of the United States to be embroiled in this war. In fact, I would argue that it’s not. I think it’s going to make the United States weaker. They’re already Talking about a $200 billion price tag just for what’s been going on so far. The US has tens of trillions, maybe hundreds of trillions of dollars of debt when you factor in the unfunded liabilities. Even if the war was a good idea, we couldn’t afford it.

So why is the US Government actually doing this? I don’t know for sure, but I do think that if you want to understand in general why globalists love wars so much, it helps to read what they themselves have said about it. So if you go back to 1962, the US State Department commissioned a report called the World Effectively Controlled by the United Nations From A guy called Lincoln Bloomfield at the Institute for Defense Analyses. He’d been involved with the oss, which was the precursor to the CIA. He was a big time globalist. He was a member of the Council on Foreign Relations.

And in this report, he acknowledges that the task that was given to him was to figure out how we get from a world of sovereign nation states, which we had in 1962, at least relatively speaking, to a world controlled by the United Nations. And his analysis showed that it would take hundreds of years to get there using purely organic trends. Right. He believed that it would take at least hundreds of years before we could get to this one world system if we just left it to chance and let it emerge and evolve on its own. But he said if we want to accelerate that process, we can use war and the threat of war and grave crises to, to change national attitudes and to bring that about.

So that’s what we saw in World War I. Right. We saw them totally up in the social order. The men all went off to war to die. The women went into the factories, the children went into government schools for their so called education. And so total shift in the social framework. And then out of the aftermath of that war, remember, the League of Nations was born, which they were planning to use as kind of the nucleus of what would eventually become the one world system and other institutions as well. The bank for International Settlements, for example, born in the aftermath of World War I.

Now the U.S. senate, wisely, I think, declined to participate in the League of Nations. So we did it all again, World War II. And in the aftermath of World War II, we got the United nations, we got the International Monetary Fund, we got the World bank, we’ve got the European Coal and Steel Community, which is of course, what very rapidly grew into this totalitarian super state we call today the European Union. And so what Lincoln Bloomfield explained in that report, that war and the threat of war are very useful for bringing us closer to world government.

And also he explained in the report that regional government could be a stepping stone on the way to world government. We’re watching that play out right now. And you know, does Trump think about all this stuff when he’s making decisions about whether to eliminate a civilization? I suspect not. But do some of the people around him think about these things? Oh, you can take it to the bank. We know for a fact they do. Yeah. And Alex, along with that, I guess, at least as I try to think, well, where does that leave us? This is my, my best guess.

I’ll call it by no means saying this is it yet. Tell me what you think about this one. I get the feeling that Trump would love to find a way out of this on behalf of the US That Iran would prefer to not have further destruction to their country yet is more than comfortable that if they get cornered they’re willing to sacrifice their lives in many cases and deal with that closure of the Strait of Hormuz. I saw there was another strait on Monday that they were the Bob Al Mandab straight that now they’re talking about closing.

So I think that’s the feeling. I get that they’d be happy if there was a deal. I think part of it is that you’re saying to Iran, right, right or not, hey, these other countries have nukes. We don’t want you to have missiles or nuclear weapons where it’s like, well, what do you expect them to say after they’re getting bombed? So I aside from who’s right or wrong from their perspective, are they going to say we will give up all of our defense and just sit here? I think that’s why they’re willing to say we’ll deal with the consequences now.

But they’re resolute and then on the third leg that Israel and this is why I think, I thought from when this broke out that there was going to be a problem is that even if the US And Iran were able to reach a deal, from what I see, and I’m trying to be very sensitive how I phrase this, it seems like Israel does not they’re not saying how do we reach resolution. They seem to want to continue to duke it out. Is that reasonable or anything you could add or correct there? Well, I think the Israelis see the government of Iran as an existential threat.

They think that as long as that government is there with the current beliefs that its leaders publicly hold and with the at least semi realistic prospect of being able to enrich enough uranium to create a nuclear weapon, that’s some indeterminate point in the future, you know, they are not going to accept that. And if they can get the Americans to help disrupt the status quo to the point where you have a change in the situation, I think that would be their preference. That would be in their best interest. You know, whether they’ll get that, I don’t know.

But I think from the Iranian perspective, you know, if these mullahs and ayatollah, if they truly believe the things that they say they believe, you know, there’s a big theological component to this as well, you know, they, they are followers of their deity Allah and his prophet Muhammad. And they have certain eschatological views that I think play into this. They have certain views on their religious obligations that play into this. And, you know, I think those are all important factors. And one of the things that’s so interesting about this particular conflict is that the Arabs have kind of sided with Israel and the United States against the Iranians, which, you know, they all share, at least on paper, the same religion.

It’s true that Iranians are the Shia denomination, and most of the Arabs are from the Sunni denomination. But it’s very, very interesting to see this kind of dichotomy developing, this rift within the Islamic world. You know, how much you can read into that, I don’t know. But I don’t think the Israelis are going to be satisfied with just having a weakened Iranian regime. I think their preference would be to have the whole thing collapse, or at least have the country collapse into a civil war, if that’s not an option, and then let the chips fall where they may.

Whether that’s in the best interest of the United States or not, I don’t know. I don’t think anybody wants to defend the Iranian regime. But having Iran collapse into civil war would be an absolute catastrophe. I mean, you thought the migrant crisis was bad when the. When Syria was in civil war. You haven’t seen anything yet if Iran descends into that. So I don’t think the Iranians have any intention of giving up. I think they’ve prepared for this for a very long time. You know, how long Israel can sustain its campaign without the backing of the United States is a whole other question.

You know, I don’t know that Trump will be willing to provide endless amounts of support, diplomatic cover, and also military support to keep this going on forever. But now we’ve just seen this pretty significant escalation where, as of Monday, that now the U.S. government is going to be blockading Hormuz and we’re going to be blockading their ports. So I still think this could spiral out of control into a potential third world war. And I don’t think you can understand the conflict with Iran, again, without understanding that the Iranians are working very closely with Beijing and with Moscow.

Yeah. And, Alex, I guess that leads into the next question of, as. I largely agree with everything you’re saying there. And that leaves me thinking that we have a situation where there’s not any. Well, at least if they agree on this, then there you go. It seems like every potential solution, there’s someone who has no. Someone Blocking it somewhere. The board is blocked. Meantime, we’ve already seen diesel shortages, fertilizer issues. So it’s the clock is ticking with a very expensive, you know, prodder about to get branded air. What do you think happens from here? Well, again, I wouldn’t be surprised at all to see this expand into a third world war.

I think already the damage that’s been done to the global economy is going to be very significant. And obviously the Trump administration doesn’t want people to talking about that. But let’s be real here, the exports of LNG have stopped. That is already causing fertilizer prices to skyrocket. It’s already causing energy prices to skyrocket. And you know, this is just the beginning, right? If that strait doesn’t get opened back up soon, we’ve got a big problem. And even if it does get opened back up soon, so much infrastructure has been damaged both on the Iranian side and among the Arabs among the Gulf states there.

It’s not just we’re going to flip a switch and suddenly everything’s going to go back to how it was. This is going to take a long time to fix and that’s assuming it stops sometime soon. So I think the world is headed in a very dangerous direction right now. It kills me to see the CCP acting like the grownup in the room, oh, you need to open the strait of Hormuz, Mr. Trump. That’s not in the interest of the world. It’s truly incredible. But I think there are very powerful forces, Chris, that want this to end in a third world war.

And whether they use Iran as catalyst, whether they use Ukraine as the catalyst, whether it’s communist China trying to take Taiwan, whether it’s India and Pakistan. Right. Pakistan is very closely aligned with their buddies in Iran, very closely aligned with their buddies in Beijing. You know, any one of these, Korea, the Korean peninsula could be one too. Any one of these could easily turn into a kind of global conflagration that would end up devastating not just the global economy, but, but the global population of people. So we’re in a very dangerous situation. And you’re right, it’s very hard to find an off ramp here.

There’s no like easy. Well, we all agree that this would be the best thing and so let’s just all sign here and we’ll be done with it. You know, they tried even for the two week ceasefire and the Israelis went and bombed the southern Lebanon like crazy all the way into Beirut. So, yeah, I don’t see an easy resolution to this I’d like to see one because I think things are going to get worse quickly if we don’t find one. But I don’t see an easy out from this based on everybody’s publicly stated demands. I agree with you.

And what concerns me there is that also there’s the probability of bad event happening already seems on the high end. Yet also it’s like, hey, if you get a $10 fine, if the penalty isn’t that bad. But I say this in a sense that in the seven or eight years I’ve been doing this show, really hope this comes across. But I’ve gone out of my way to not like fear monger or Sensationalize. Although, hey, what do I know about a supply chain? Yet as I sit here and study, it seems like what we’re facing here could.

Is it inappropriate to say humanitarian crisis if you have fertilizer not getting through, if you have fuel shortages? I mean, and we’ve heard desalination plants as targets? I mean, it am. I, I don’t want to be like alarming people unnecessarily, but it seems like there’s some really serious stuff if this doesn’t get resolved at, in the midst of a situation where it looks very difficult for it to get resolved. Is that fair? I think that is very fair. And I think that’s, that’s where we’re at. Right. And yes, humanitarian crisis is already, I think, baked into the cake here.

The question is, how bad is it going to get if the US Government were to do what Trump has publicly threatened to do? Excuse me, I apologize to interrupt, but did you say that basically, did I hear correctly? You said a humanitarian crisis is now baked into the cake? Yes, it’s coming. In fact, if you live in Iran, you’re already there. But even just based on what has already happened, I think the global food supply is at risk. Now, that may not affect Americans nearly as dramatically as, say, somebody in Congo or somebody in Laos. But if you’re living right on the edge of survival, if you’re just barely making enough money to be able to buy rice and maybe some beans for your children, a doubling of food prices is going to absolutely destroy you.

Now, if you look at Iran in particular, some of the, some of what’s already been bombed is going to be very, very damaging. A lot of the energy infrastructure, for example. But if you look at what Trump has been talking about publicly, some of the threats, like he’s going to bomb all the power plants, I mean, this is deadly serious, right? What happens when you bomb power plants, what happens when you bomb bridges? This very rapidly becomes a catastrophe. You don’t have power for hospitals anymore yet. What about all the bio labs? Right. We know the Iranians have been engaged in biowarfare research.

What happens if these laboratories suddenly lose power for weeks or months because all the power plants have been bombed? You don’t want to know what happens, trust me. I mean, some of the consequences of this kind of stuff are going to be very serious. And, you know, Syria was a relatively small country, and it did a number on Europe. If you don’t believe me, go check out Sweden, go check out Germany. You know, go see how that went. Now, imagine a country orders of magnitude larger than Syria also dumping out into Europe, into what’s left of the Western world, and this would be a nightmare for everybody involved.

So, yeah, we need to hope and pray that this ends quickly, but we also need to be realistic and recognize that that is unlikely to happen, at least in the very near term. And so I think we should act accordingly. Alex, do you think there’s a realistic chance we do see a nuclear weapon deployed? I think there’s a very realistic chance that we see a nuclear weapon deployed. You know, whether that is Trump deciding one day that he wants to end a civilization, which I hope won’t happen, but it probably will, as he said, or whether that be the Israeli.

You know, and again, the Israelis don’t like to talk about it publicly, but they neither confirm nor deny that they have a nuclear program. But we all know they do. It’s a Dimona. They probably have dozens, if not hundreds of nuclear warheads. And if they feel like their continued existence as a nation is under threat, I have no doubt that they will drop one. And of course, we got Pakistan, which has huge numbers of nukes. We got China, which has huge numbers of nukes. So I don’t think it’s out of the question. Now, there is a kind of narrative by the global elitist that we all need to live in perpetual fear of a nuclear weapon.

Right? That’s supposed to convince us that we need the UN to take control of all the militaries of the world. So I don’t think it’s helpful to fear monger about the possibility of nuclear war. But if you just look at what’s happening in Iran, objectively, based on what is known publicly, I think there’s a very real chance that we could see a nuke dropped maybe in the not too distant future if things don’t settle down. All right, well, I guess for any of us that are sitting around here still living, seeing gold and silver sell off quite a bit in the midst of all of this.

Curious if you have any thoughts really. Ever since the war broke out, I certainly have a couple theories myself of why we’ve seen this. But any, anything you’ve been seeing or hearing on the gold and silver front. Well, you know, I’ll say for me personally, I have not sold any gold or silver and I don’t intend to start selling any gold or silver anytime soon. You know, all of the structural issues that have caused the meteoric rise in the price of both metals are still in place. They’re still printing money like there’s no tomorrow. They’re still borrowing money like there’s no tomorrow.

The economy is not doing nearly as well as certain US officials would like you to believe. And so, I mean, for me, it’s a no brainer to have at least some part of your portfolio in precious metals. You know, I never give anybody financial advice, but I’ll tell you, as for me and my household, you know, we’re going to serve the Lord and we are going to keep at least some significant portion of our little bit of savings in precious metals. I still think there’s a lot of upside. And you know, we started off talking about 2008.

You know, if you had told people in 2008, $5,000 gold, $75,000, so they would have laughed at you. They would have said that’s crazy. Well, I’m going to tell you here and now, unless we see radical change to the monetary system geopolitically, 10,000, 20,000, the sky’s the limit. I don’t know when that’ll hit. But if things continue as they are, it will come. Well, I mean, when you think about it, if you look, if you guess at what’s gonna happen in the next 20, 40, 50 years, it’s a lot harder for me to see governments getting spending in control than it is to see spending printing as amazing as it is to outdo what we’ve just seen.

I mean, look, obviously we just talked about it for the last half hour, the reasons why. So yes, I do think, and as someone actually who had some cash and was hoping to get things at a cheaper price, I was not, not financial advice, but we’ll see in due time. I do think that this is kind of like if you wanted to buy mining stocks or gold and silver. I think this is, I want to say the whole situation is a gift because it’s an Absolute travesty what’s happening yet. I think the gold and silver prices are cheap for whatever that’s worth in the cotton.

It might not be the most important thing, but anyway, Alex, I think what is important out of all of this is that makes you appreciate every day you wake up somewhere safe. You can see your family, you can see your friends. And certainly I appreciate that you’re digging through a lot of this stuff, helping to make. I’m gonna make it so people can navigate what is as best as possible. And perhaps you could just let everyone know where they can find your great research. Hey, well, thank you so much, Chris. It’s an honor and a pleasure to be with you.

So my personal website, liberty sentinel.org we put out a free newsletter that people can find there. You see some of it is through substack, so you can check that out. Liberty Sentinel and we put out a lot of very useful information, the things that we consider to be the key issues of the day. I’m also senior editor at the New American magazine. Encourage people to check it out. We do a lot of work to expose all the evil, including the stuff we’re not supposed to talk about, like Jeffrey Epstein and all the rest of it. And then last but not least, if you’ve got school age children or grandchildren, you want to have a decent education, go check out Classical Conversations.

I serve as a fellow there. In fact, my own children are enrolled there. It’s the world’s largest homeschool program, 140,000 students around the world. It’s just a great, great network. And yeah, again, appreciate you having me on the program, Kris. Thanks for what you’re doing to bring clarity to the gold and silver markets and all these other complex issues and hopefully we’ll talk again soon. Yeah, and I’ll also get your Twitter link down in the description field as well as those other links. Alex, you’re doing a lot of good research and especially that last one you mentioned with the homeschooling.

I know that’s something you’ve written books about and talked about for years where I do not have children, although certainly what I’ve seen of government and government schools. If I do have children one day, it’s nice to know that there will be some guidance of how to do these things a different way. And either case, stay safe out there, my friend. And thank everyone at home for watching. Hope you are well and we will check back in with you soon. Well, thanks to Alex for joining us. Obviously quite a popular guest. Nice to get to know him personally a little bit over the past couple years as well and certainly an important time to get his perspective.

Hope you enjoyed that and appreciate you being here and spending part of your day at the Arcadia Channel. And before we wrap up, since that was recorded yesterday, I’ll just, just take a quick look at the pricing where you see the gold futures having a nice day up 85 bucks to $4,852. And silver also doing quite nicely on the session, has been rallying all morning. And now you see the silver futures up 387 on the day to 79.53 climbing all throughout the morning. Nice. I don’t know if I’d call that a 45 degree angled line, but it’s consistently going higher if you’re a silver investor is of course always lovely news.

And look at that. I mean we were back down. We’ll back this chart out a little bit. You can see 6120 is the low that I know over the past couple of months. Somewhere in there we got down to 6,120. I don’t know if it’s showing it on the longer term chart yet. Here we are back up at almost $80. Did we hit 80 today? No, today’s high of the day at least as of 12:30 central time. That’s right. I’m not on east coast time anymore. We had 79, 70 and also in China, interesting to see up at 89 bucks.

So basically almost $90 silver again in China. And that’s interesting. We see that even though China has been closed for a little bit that the spread is up at 10 bucks even as the western spot is rising. So we’ll dig into the silver flows of where things are going shifting here and there later on in this week. A great reason to hit the subscribe button and the notification bell so that way you can stay posted when we do that. Also a look at oil. You can see that oil price down 660 and that is with this headline here saying more US and around peace deal talks are in discussion discussions.

So either case, I think Alex laid out pretty clearly the not that they’re not all significant, but hopefully that interview was helpful in terms of laying out clearly where we are. And I understand we tend to focus on the economics in gold and silver yet to really have any idea of how those are going to play out. I think this is underlying all of it. So anyway, hit the thumbs up button if you had fun here. And then one last please piece of news from Fortuna Mining as they put out their first quarter production numbers where they reported production of 72,872 gold equivalent ounces, which was an increase versus the first quarter in 2025 where they had 70,386 ounces.

And also an increase over the fourth quarter production where they had 65,130 ounces. Yet there is even further good news, especially if you’re a Fortuna shareholder, because when you look back here at the gold price, this isn’t exactly the fourth quarter and the first quarter, because this starts on the 19th. We’re at the six month chart here. Yet you can see that the gold price in the first quarter was higher than in the fourth quarter. You can also see how in the fourth quarter Fortuna reported record free cash flow at 132 million. And now basically you’re finding out that they produced more gold at a higher price.

So last quarter was a record and then they just produced more at the higher price. Which is one of the reasons that I did buy some call options around the first quarter earnings release, which will be coming up in May. Again, that is not any way licensed financial advice and Fortuna is one of the proud sponsors of our show. So I just want to be completely upfront and forthright. Although this news certainly helps me to feel a little bit better about my trade. And of course, in addition to what they’re already producing, they are nearing a construction decision on their Diamba Suit gold project, which could even further substantially increase their gold production at a time where, despite the sell off since the war began, we’re still just a couple hundred bucks away from $5,000 gold, which is a stunning margin for some of these companies.

And similar to how I said a couple months ago that once those fourth quarter earnings started coming out and the market saw how much some of these companies were making, that that would start to change the perception. And I think we’ll see an even bigger effect of that after the first quarter earnings. And to find out more about Fortuna, well, we actually bring Jorge Ginoza, the CEO of Fortuna on on a regular basis and to discover what is actually going to be happening with Fortuna before the end of the second quarter. That just in being completely honest, most of the rest of the market has no idea about.

Well, just click on the video coming your way now to hear from Jorge Ginoza directly. SA.
[tr:tra].

See more of Arcadia Economics on their Public Channel and the MPN Arcadia Economics channel.