US States Make Move To Reclassify Gold And Silver
Summary
Transcript
Actually, cryptos are doing really well too. But silver and gold are doing really well because all those darn fiat currencies from Satan. It’s funny, for the last few years I’ve been talking about why it’s important to own gold. I said I own gold and back then, gold was. I don’t know what was gold. Three and a half years ago, $1,500. 01, $600. And ever since that time, all it’s done has gone up that pesticky gold.
So if you own gold or silver, type one. Actually type one for gold, type two for silver. I’m just curious what your favorite is or what you own more of. I am more silver heavy than gold. We’re going to talk about all these states are making bold moves. It says to reclassify gold and silver because we’ve lost our currency and we’re in the middle of a crash. And so, oh, by the way, I was talking to my budy Andy the other day and he said, hey, if you want, let your subscribers know, I’ll give them sell them silver eagles for $4.
99 over spot. Now I don’t know about you, but $4. 99 is insanely low compared to what we’ve seen. We’ve seen premiums between upwards of 799, 1090, 915 99. I’ve even seen it as high as like 1699 over spot during the craziness while the world was shutting down. So while the silver price is stable, if you want, just email my buddy. I put his email down in the description below and I’ll pin the comment and just tell him you want the ninja deal on the Silver Eagles 499 over spot.
That’s a smoking deal. And he is actually a friend of mine. Not joking, trust him. I’ve done business with him for years and I really like him. He’s a friend of mine. And that’s the other problem too. They’re fully licensed brokers. It’s hard to do business when you don’t know, if you’re actually going to get that physically in your hand anyway, I recommend them. So. Okay, here we go.
This is out of oilprice. com. It says here bills filed in Oklahoma and Missouri legislatures for the 2024 legislative season would eliminate state capital gains taxes on the sale of gold and silver. Every state deals with capital gains differently. Right. The feds have their own rules, some have none. And so it’s important to know what your taxation is in your state. The difference between taxes on when you purchase it.
There’s some keep trying to dissuade you from buying gold. So they say you can’t have it tax free unless you buy x amount. They keep upping that number. I don’t remember what it is now. 1101, 700. I don’t know because I buy in higher quantities. Because. Or I pay cash. Don’t tell anyone. And my point being is that because I don’t want to pay tax on God’s money and the money that our founding fathers said in the constitution is the only money we should have because with it creates zero inflation.
Zero inflation. But Satan’s money creates inflation. And that’s. Know when I first started this channel, when you start talking about gold, all the demons get riled up inside the people. They get all angry stocks and they get all freaked out. And I’m not joking, like when we’re talking about demons, because this is Satan’s money. You’re talking about Satan’s money. A piece of paper that I don’t even think I have any of it in my wallet.
Let’s see, I got my economic ninja wallet subscriber made for me. Ooh, I do have some that’s rare. This thing right here, it’s piece of crap. It’s got a bunch of satanic symbols on it and all kinds of crazy stuff, right? Worthless. It just keeps going. The only thing this thing’s good for is going down in value. So that’s why I buy gold. And that’s what all these states are starting to think about.
Like, ooh, maybe we should encourage our people in our know, the people that elect us to get wealthy and the rich people have, you know, you remember when Tesla bought a bunch of gold? Weird. Wonder why. All right, here we go. So they’re looking to eliminate the capital gains taxes on the sale of gold and silver. The legislation would also take other steps to treat gold and silver as money instead of commodities.
You’re going to see more and more states do this. In Missouri, reputative Doug Ritchie filed a document on December 11. Bill Hardwick filed one on December 15. The bills are companions to SB 735 filed in the state the senate by Senator William Ingle. Earlier this month in Oklahoma, Senator Shane Jett filed a document. I’m not going to read all the numbers. And then Nathan Durham is running SB 105.
Eight. The enactment of these bills would eliminate state capital gains taxes on the sale and exchange of gold and silver bullion. Both of these states are already among the 42 that do not levy sales taxes on gold and silver bullion. It’s so important. Sales taxes on gold and silver. It’s insane. But there are 42 states right now that do not have sales tax on gold and silver. Exempting the sale of gold and silver bullion from taxes lowers the investment costs of precious metals.
It also takes a step toward treating gold and silver as money instead of commodities. Taxes on precious metal bullion erect barriers to using gold and silver as money by raising transaction costs. Let me ask you really quick, type three. If you do not own any gold and silver, just be honest with yourself and with us. I’m just curious, real quick as I read this, imagine if you are asked a grocery clerk to break a $5 bill.
All right, we see somebody. I got to talk to you right now. Bing bong. I’m not here to. Mikey does and whoever else is typing three right now. This is a legitimate thing. I want to talk to you guys. And ladies, true wealth is all up in here. When we can control our spending and then create money by working hard and saving, or by inventing or by being an entrepreneur, we could create it.
True wealth comes by being able to hold onto it, not lose it, and then cause it to grow. One of those, what I believe to be the pillars of wealth is owning the bedrock of money, and that is gold and silver. And this is what I’m going to ask you to do. And type four, if you’re going to answer this call, you don’t own any gold and silver.
I want you to go down. This is not financial advice because what I’m telling you right now costs $3. And if you don’t have $3, you’ve got bigger issues. Now, to everyone that tells me you don’t have $3, give me five minutes looking around your car, in your home, wherever you live, even if you live under a bridge. And I can tell you right now, you got $3.
Okay? So go down to a pawn store or a coin shop and buy a silver dime. A silver dime. If you want to go crazy and spend $6 and splurge and get a couple. I want you to take those, and I want you to clang them together. Just drop them on top of each other in your hand, feel the vibration from it. And then I want you to take some other fake dimes, just normal dimes, and put them in there, too, and then mix them around and just look at them.
And I can guarantee you, I can guarantee you this $6 experiment is going to change your life forever. And type five. Everyone that understands what I’m talking about and agrees with what I’m saying to the people that don’t own any gold and silver, look it around. And what is going to happen is you are going to change. You’re going to look at this and you’re going to say out loud, well, it feels different.
It definitely looks different. And you’re going to start to see how precious it is. You’re going to actually go, you know what? There is something here. And it is going to cause your mind to start moving in a different direction. It is going to tilt your head to a different path when it comes to finances. And I’m not telling you to go put all your money into it.
That would be bad advice. Right? Do I believe it’s going to be worth more in the future than it is today? Yes. Do I believe it could dip down because of traders on Wall street or, honestly, Satan himself trying to keep that price down? Yes. I am telling you that. Okay. That’s not what we’re doing here. We’re changing your mindset about wealth creation, the fundamentals of wealth. All right? You get those dimes, and then possibly you buy yourself a gold coin and you check that out and you hold it, and it’s something that’s different.
And I’m telling you, your financial path will change starting the day you take that advice. It’s not financial advice. It costs $6. It’s motivational advice. It is for you to change the pitch, the frequency of how you are handling your finances right now. Now, right now we’re reading this story about all these states that are going into this. Now they’re talking about making this money, right? It says here, think about this.
Imagine if you asked a grocery clerk to break a $5 bill and he charged you a 35. I went past it. Here it is. Gold and silver is legal tender under provisions of this Missouri bill. Gold and silver is in physical or electronic form, would be accepted as legal tender, and would be receivable in payment for all debts contracted in the state of Missouri. The state would be required to accept gold and silver for the payment of public debts.
Private debts could be settled in gold and silver. Party’s discretion. I know a friend that just bought a property, a state park actually, and he bought it in gold. He actually put down, all of the down payment is in gold. And why is that a big deal? It’s because it’s a different type of transaction. It’s a transaction with honor. But these states, there’s other states that have already made gold and silver legal tender.
And what they’re finding is people aren’t using it. Why? Because once you own it, like I just told you, just put two silver dimes, it’s going to cost you $6. The same cost as some demonic freaking starbucks. I know everything’s demonic right now. Well, that’s literally a spirit on the front of their cup if you guys want to check it out. But my point being is, look at their politics, too.
But my point being is that what happens is when you find out how precious this it is, you hold onto it. You see the reason why the price has been kept suppressed. It’s a little secret that most people don’t understand is because there’s always more sellers than buyers because of a fake paper derivatives market. There is a day where that’s going to come to an end. And what we’re already seeing, and I told you about that deal, the $4.
99 over spot for silver eagles. That’s one of the lowest prices I’ve heard of in the last year, right? Actually in the last three or four. Three years before COVID started. If you want that, I’ll put the link down below the email to my friend. But my point being is, and someone I trust and I do business with, my point being is this, you start to sit there and go, wait a minute, I don’t want to let this go.
And we’ve seen times where the premiums, like on a silver eagle, go all the way up to 1699 over spot because there’s none to be found. And the question is, are you going to be ahead of the trend? We’ve heard stories before, Venezuela, Turkey, and then go back to like, Republic of Germany where gold just goes so up in value. We’re seeing gold hitting highs in countries all around the world right now.
We’re at highs right now in our terms. So I want you to understand that before the last crash, gold trended down slightly in the nerve, the stock market crash, it dropped the paper price, right. If you own physical back then, you know it’s a totally different market. Totally different world. But are you going to be ahead of the curve? Are you going to go right now and go buy some silver eagles for $4.
99 over spot? Or maybe a silver dime for. I don’t even think it costs $3 right now. Maybe it’s like 275 or $2. 60. But what’s crazy is you don’t own what only like less than 1% of the world’s population owns. And all it would cost you think about this. To get into an elite mindset, what do you do? You do what the elite do. Well, the elite own precious metals.
They don’t have all their money into it, but that’s the bedrock of their finances. Good financial advisors always say, you always want a certain percentage of your allocation of your net worth in gold in case of turbulent times and throughout history of markets crashing and stuff, they found that that 10% usually saved their entire portfolio. But most people don’t do it because it’s a relic. Well, you know who says that? People like Ben Bernacki, Jerome Powell, they all talk about, like, gold is a relic.
It’s because they want to sell you Satan’s money. Now, here’s the deal, and I’m going to get a little preachy on you. How many people believe in Jesus Christ? I’d like to see a number. Type seven, if you believe in Jesus Christ. I’m curious. And if you believe in Jesus Christ, type a seven plus an eight, if you believe in Jesus Christ. But you don’t own any gold and silver.
And this is really important to state. And the reason why is because this is the money that God put on this earth. And then Jesus got so angry when the money changers were changing out the money with this note on papyrus that he went and fashioned a whip and was whipping them. He was so angry because people think that it was because they were doing commerce in the church.
That’s not it. It’s because they were changing the face of God’s money and stealing the wealth of the people. That is what governments and banks are doing around the world for the last 30, 40 years. And it’s been hitting fever pitch in the last ten years. So here’s the thing. How many people can sit there and go, no, I go to church. I love Jesus. You’re like, well, do you know anything about his money? Do you know anything about tithing and why you need to do it? Not only is it going to save your life, it’s going to save your finances, it’s going to make your life so much better.
I’m not making a dime off of this, telling you this stuff. This is how it changed my life. And so once I had that foundation of gold and silver, my wealth grew exponentially. Not because the gold and silver went up in value. That’s what most people. Will it go up in value? Yes. Has mine gone up in value? Yes. Have I made a lot of money from it? Yes.
But nowhere near the amount of money I made in other aspects because of the way my mind changed forever once I learned about the fundamentals of gold and silver as money, the way that God created it and intended it to be. So the question is, yours or it’s all in your lap? It costs like, two. And actually, they’ve got a deal right now. Ask them about that. I was just talking to Andy and they said they were doing, like, $3 over spot.
I think it was for what they call junk silver, which isn’t junk, it’s constitutional. It was 90% silver in our currency, and I love that stuff. I love 90% dimes. And he’s selling it right now for, like, $3 over spot. That’s another great deal right now. So I like the silver eagles, too, at 499. Why wouldn’t I buy a silver eagle, though, when it gets more expensive, I get junk silver.
But my point being is this. If you want to go get some, go get just a couple, rub them together, and know that you’re doing. Doing what 98% of the world is not doing or 99% of the world’s not doing. I’m going to put that email down below. Hope you guys have a great day. The economic ninja is out. Bye. .
