00:00:00.000What happened today that was different after all his remaining tariff threats went into effect at midnight last night?
00:00:06.040What happened today was not that the stock market tanked.
00:00:09.600It did at the beginning of the day with the tariffs in place, but that's, again, normal for a day with Donald Trump at the wheel.
00:00:16.080What was different today was not that the stock market tanked again, right?
00:00:20.440It was that the bond market tanked at the beginning of the day.
00:00:25.14026 past the hour, beautiful shot of Capitol Hill this morning.
00:00:28.880This morning, House Republicans will hold a vote on a Senate-passed budget bill after GOP leaders pulled the measure from consideration last night.
00:00:37.880It was a major setback for Speaker Mike Johnson, who is pushing Republicans to get on board with the bill and advance President Trump's legislative agenda.
00:00:47.800But several conservative fiscal hawks argue the Senate's budget blueprint would add too much to the nation's debt.
00:00:55.160It's unclear if any of those holdouts have changed their minds.
00:00:59.800You know, Willie, the issue has obviously been for quite some time, a $20 trillion addition to the United States debt, which is already sitting at $36 trillion.
00:01:09.780Nothing fiscally conservative about that.
00:01:12.140You have the Senate passing resolution and saying, well, let's just pretend that we aren't extending these tax cuts,
00:01:19.280which are going to blow a hole, of course, in the deficit and the national debt.
00:01:23.680And some, I guess I'll say fiscal conservatives, I'm glad there are a few that still at least call themselves that.
00:01:32.400And the House Republican caucus are saying, we just can't do this without additional cuts.
00:01:38.940But right now, I think some tough sailing for the speaker simply because, I mean, how does any Republican,
00:01:47.380how does anybody that calls themselves a fiscal conservative support a budget that is going and tax cuts that are going to lead to $20 trillion
00:01:57.180in new deficit and debt spending over the next 10 years?
00:02:02.200Since President Trump was elected, our two nations have done more to strengthen cooperation in a few months than we have in decades.
00:02:11.200And President Molino, who we met with earlier, we have you to thank in large part for that as well.
00:02:17.100We're partnering closely in three areas.
00:02:19.140First, securing our borders and stopping mass illegal migration.
00:02:23.800What Panama has done in the Darien Gap is incredible.
00:02:31.840Second, we're countering violent cartels and criminal enterprises.
00:02:35.800And third, we're securing the Panama Canal and countering China's malign influence.
00:02:41.920The Panama Canal is key terrain that must be secured by Panama with America and not China.
00:02:48.540To that end, that is why the United States and Panama have just signed a Memorandum of Understanding on Cooperative Security Activities.
00:02:58.440This Memorandum of Understanding will increase joint training, exercises, operations, and overall interoperability between our two forces.
00:03:08.340Re-establishing rotational and joint presence at Fort Sherman, Rodman Naval Station, and Howard Air Force Base.
00:03:17.200At Fort Sherman, reviving the Jungle School alongside Panamanian forces.
00:03:22.220In fact, right now, partnering with Panama, we have two cruisers, two USS Coast Guard cutters, F-18 fighters, a U.S. Marine Corps infantry company, over 1,000 U.S. troops supporting partner operations in Panama.
00:03:38.580In this region, as we put America first, we are putting the Americas first as well.
00:03:44.700We're doing this by confronting shared threats and shared challenges in this hemisphere.
00:03:49.900Starting, as President Trump has led the way, by securing our southern border, getting 100% operational control.
00:03:57.880Because border security is national security, and it starts at home.
00:04:01.180We're doing this by stopping illegal migration, destroying transnational cartels and gangs, and ending the era of capitulation to coercion to the communist Chinese.
00:04:11.020As I said yesterday, we are helping to take back the Panama Canal from communist Chinese influence.
00:04:18.540Like our partners across Central America and South America, the United States wants a hemisphere that is secure, prosperous, and full of sovereign nations.
00:04:28.260And we will achieve these goals together, standing shoulder to shoulder with our allies and partners with President Trump leading the way.
00:04:36.800Liberations as recently as last night, and it's very productive.
00:04:39.780And I'm happy to tell you that this morning, I believe we had the votes to finally adopt the budget resolution so we can move forward on President Trump's very important agenda for the American people.
00:04:51.420This process has required a lot of close consultation between the White House and the Senate.
00:04:57.300And all of that has been necessary because we want to make sure that we are delivering on our shared goals in the budget reconciliation process.
00:05:04.780Our big, beautiful bill has to reflect all of that, and so it is big, and it involves a lot of areas of policy, and so it requires a lot of close coordination.
00:05:15.800Our two chambers are directly aligned also on a very important principle, and that is the principle of fiscal responsibility.
00:05:22.560We are the party that delivers and ensures that.
00:05:27.680Our aim is to deliver on our promises in this big, beautiful bill regarding things like border security and restoring peace through strength and American energy dominance and regulatory reform to get the economy really humming again.
00:05:42.020And, of course, also tax relief, tax reductions.
00:05:44.720We have to make the tax cuts permanent, and that's all involved and enveloped in this big effort and all the other promises and priorities we made.
00:05:52.080Now, it's important to note that at the same time, we also need to achieve the maximum amount of savings for the American people, because that's what fiscal responsibility is.
00:06:02.320And we even want to start reducing the deficit.
00:06:05.600So with all that in mind, our first big, beautiful reconciliation package here involves a number of commitments, and one of those is that we are committed to finding at least $1.5 trillion in savings for the American people.
00:06:18.220So we got a little pushback from some senators yesterday on tariffs, and they were able to break through to him, as well as the bond market.
00:06:26.980But something that was sort of overshadowed, because it came just before actually Trump blinked and pulled a lot of these tariffs down, the House of Representatives, as part of their legislation, took away their own power to restrain his ability, the president's ability, on tariffs.
00:06:41.780It was, they surrendered. Speaker Johnson was going to put it in the budget, like, we won't have any say on tariffs, you know, for, I believe it was six months or so, meaning it wouldn't be until the fall or later before they could weigh in on any of this.
00:06:54.940So yet another example, guys, where this Congress has, you know, the co-equal branch of government, not so much.
00:07:03.940They're willfully ceding power, more and more power, to the executive branch.
00:07:08.260All aligned on the need to make the 2017 Trump tax cuts permanent, to restore American energy dominance, to grow our economy, and to make a generational investment in our border security,
00:07:23.700and also make sure that we are ready militarily to deal with any of the threats that the country faces around the world.
00:07:31.480And those are all things that are addressed in this budget resolution, which is why it's really important that we act.
00:07:36.320The budget resolution, as you know, is the first step.
00:07:39.120It unlocks budget reconciliation, which is where all this can be achieved.
00:07:43.600But one of the principal objectives in our budget resolution and in the House's, as outlined by the Speaker, is spending cuts.
00:07:51.640We have got to do something to get the country on a more sustainable fiscal path,
00:07:55.140and that entails us taking a hard scrub of our government and figuring out where we can find those savings.
00:08:02.040And our ambition in the Senate is we are aligned with the House in terms of what their budget resolution outlined in terms of savings.
00:08:10.220The Speaker's talked about $1.5 trillion.
00:08:12.100We have a lot of United States senators who believe that is a minimum.
00:08:17.520And we're certainly going to do everything we can to be as aggressive as possible to see that we are serious about the matter not only of making our federal government more fiscally sustainable,
00:08:28.220but also deficit reduction, which is critical to a lot of our members in the Senate and I know to his members in the House.
00:10:24.160And then early this morning, the China, the market is down almost a thousand points, just right under it.
00:10:30.480After a good overnight in Asia and in Europe.
00:10:36.320And the reason is that it's full on engagement now in a trade war and maybe even expanded beyond that of the two titans of the world economy, the Chinese Communist Party and the United States of America.
00:10:49.320So China is fully engaged in this now.
00:10:51.760That's why Pete Heggs, I think, played that long clip of Pete in Panama.
00:12:29.640That's one of the reasons that I think the market's a little unsettled.
00:12:34.420Yesterday, something happened very important.
00:12:36.260I've talked about, and particularly since Liz Truss, the Liz Truss situation in England a couple of years ago, if countries get into these situations where it looks like, hey, you may be going in a totally different direction.
00:12:53.340And yesterday, that was both on the issue of the tariffs and the structure of the tariffs and process for the tariffs.
00:13:00.560I think it was very important to get a process in here because President Trump did not blink.
00:13:04.520President Trump has not – has not had his negotiators do anything but throw down hard.
00:13:11.860And, of course, we've cut – we've hit Canada and Mexico, two of our biggest trading partners, with pretty massive tariffs.
00:13:19.360The issue yesterday is the bond market did hiccup a little bit in the morning.
00:13:23.100They had a good treasury auction before Scott Bessett met with the president, the secretary of treasury.
00:13:31.080But as Ray Dalio warned us, you have one failed treasury auction here, particularly selling 10-year securities.
00:13:40.060The bond market gets a vote, and it's the first time that President Trump really has had – he actually said last night that bond market kind of concerned him.
00:13:52.160I think one of the reasons the market's down, two reasons today.
00:13:54.660Number one, I think yesterday was part of a short squeeze, just not guys, institutions coming in and buying long, but covering short positions.
00:14:03.340Number two, I think this Chinese – the trade war is much bigger than that.
00:14:07.540This can go on many, many, many different aspects.
00:14:09.720Pete Hex has said, hey, we're essentially seizing the Panama Canal.
00:14:12.680Now, if we have to, we'll do it militarily.
00:14:15.900Last but not least is this – whatever the financial and economic plan is going forward in fiscal year 2026, it's very uncertain.
00:15:15.780The company I trust to help you diversify into physical gold is Birch Gold, the company I buy my gold from.
00:15:23.160Birch Gold specializes in helping you convert an existing IRA or 401K into a tax-sheltered IRA in physical gold for no money out of pocket.
00:16:47.560What you have to understand is what is driving gold, and why is it a store of value, and why is it a hedge against times of financial uncertainty?
00:16:55.420The best way to do that, we think, is the guys, men and women at Birch Gold, who are just terrific.
00:17:33.360She's going to join us in a moment and give us an update.
00:17:35.320Her update yesterday was, quite frankly, brilliant and teed up.
00:17:38.720She actually broke the news that she was coming to Southeast Asia, and the first move the Chinese have done in this war that we're in is not call President Trump and say, hey, I'm going to send a team to D.C. and let's sit down.
00:17:53.160No, he's actually going to go to Southeast Asia and really show up, I think, kind of uninvited and just have a sit down with his neighbors, various neighbors.
00:18:01.840So he's also talked about part of this, and this is a multi-front war.
00:18:07.420They've been the drivers in the de-dollarization.
00:18:12.940Whether we should continue to be the prime reserve currency is an interesting and fascinating debate, and we should have it on a national scale, like even make it part of the midterms or the 2028 presidential campaign.
00:18:27.080But just to lose it overnight would be catastrophic for this country.
00:18:31.680That's what the Chinese Communist Party is trying to do.
00:18:34.060For four years, we've been working on this and giving to you the end of the dollar empire.
00:19:11.300But Caroline Wren, you kind of called it yesterday about the ASEAN conference.
00:19:16.540You gave a tip that, hey, what she was demanding is that people not sit –
00:19:22.120President Trump's laid out a process, right, to cut these deals with our various trading partners to basically get to reciprocity, but also to stop everything else.
00:19:31.520And quite frankly, a big part of that is going to be driving jobs back here because in the non-tariff barriers, in the currency manipulation, all that,
00:19:39.840I'm not so sure you're going to get to total agreement with everybody.
00:19:42.180So I think there's going to be plenty of room to bring particularly advanced manufacturing back.
00:19:50.020Because the Chinese companies – people understand they're just not going to surrender.
00:19:53.960The Daily Mail has got a story about how they're going to hit us with a $1.9 trillion tsunami of various things on the trade side.
00:20:01.800So the CCP, as the Wall Street Journal said the other day, they've been preparing for this for a number of years.
00:20:07.120And this is kind of what this is all about because we have to sort out the $500 billion of advanced manufacturing that the CCP has stolen from us,
00:20:16.400or they've stolen trillions, but what we get back every year as far as trade goes.
00:20:20.800Caroline Wren, your thoughts and observations from Jakarta.
00:20:24.900Well, a huge hat tip to President Trump and his team, particularly Secretary Besson.
00:20:33.300I do think that they've been playing this all strategically and truly incredibly.
00:20:37.180And President Trump's announcement of the 90-day pause on the tariffs, excluding China, really reflects his art-of-the-deal negotiation strategy.
00:20:45.820And it really does – it was a brilliant idea because it helps take a little bit of pressure off of these Southeast Asia countries.
00:20:52.140Well, it's going to take at least 90 days to negotiate these deals, and they are all – they've come to the table, every single one of them.
00:20:58.260They desperately want to make a deal with the United States.
00:21:01.760And so by lowering the tariffs to 10 percent for all those nations, I mean, Trump's encouraged that dialogue.
00:21:07.260He reduced the market tensions, but then isolated China when he did that significant tariff increase.
00:21:12.560I think, what is it, up to now 125 percent or more.
00:21:15.640So I just think he's effectively – he's surrounded China economically.
00:21:18.680He's, like, leveraging the isolation to strengthen his bargaining position.
00:21:22.580These are genius moves that we haven't seen since Dr. Henry Kissinger, quite frankly.
00:21:27.240And I think this is a combination of when you put two brilliant people together, like a brilliant dealmaker like Donald Trump and a brilliant, brilliant economist and strategist like Secretary Besant.
00:21:37.660And we are seeing the fruits of that right now, and I cannot wait to see what these deals look like over the next 90 days.
00:21:44.640But in the meantime, President Xi is not going to go quietly.
00:21:48.140As I broke on your show yesterday, I could tell as I was in Kuala Lumpur a massive amount of Chinese presence was there, particularly people that looked like our version, I guess, of Secret Service.
00:21:58.120So it was quite clear some movement was going to happen.
00:22:00.000Well, they announced that he's going to be coming on April 15th and 16th to Malaysia.
00:22:04.760Keep in mind, he has never been to Malaysia, and he's coming to come put pressure on Malaysia to not sign a deal with the United States.
00:22:11.960I would love to see the United States actually invite the Malaysia delegation to D.C. on April 15th.
00:22:17.240Maybe we force these countries to make a decision.
00:22:19.640Do you want to come negotiate at the table with Donald Trump in Washington, D.C., or do you want to stay back and host President Xi?
00:22:25.500This is a decision that you have to make.
00:22:27.180The other big thing I'm hearing right now is that while President Xi is on this, we think it's going to be about a week-long tour.
00:22:33.020After Malaysia, he is going to Cambodia and then to Vietnam.
00:23:05.820And they are going to win this trade war against China.
00:23:12.080As I say, this is going to quickly to non-trade aspects.
00:23:16.440The political pressure he's going to put on Southeast Asia is going to be enormous.
00:23:19.520But this is why Hegseth in Panama yesterday is saying, hey, we just signed a memorandum understanding with the Panamanian government.
00:23:27.180We're going to do joint military exercises.
00:23:29.620He's saying we're going to ensure the security of the Panama Canal.
00:23:34.200And it's not going to have a Chinese Communist Party participation in it.
00:23:38.100Yesterday, we also had on the show about the NBC News piece about potential kinetic military activity by U.S. armed forces in Mexico against the fentanyl and the Mexican drug gangs who are active partners of the Chinese Communist Party in their chemical warfare attack into the United States.
00:23:59.360And then Caroline just said there's increasing activity around Taiwan.
00:24:04.940We've actually forward deployed, I know, some bomber groups over to Diego Garcia, although the ownership of Diego Garcia, I guess, is being worked out right now.
00:24:14.760And that is in the middle of the Indian Ocean.
00:24:17.100So those can go anywhere, up to Middle East or to the Pacific.
00:24:21.260But there's a lot of activity going on.
00:24:35.220One of the reasons I think it's unlikely, I'm not sure Xi would be the guy in charge of the Chinese Communist Party and the president of China if he did that.
00:24:44.380He has hardliners just like Putin has hardliners.
00:24:48.120He has hardliners who are taking a hard line against the United States and see us as their ultimate enemy as we see them as the existential threat to world peace.
00:24:57.340What's the response of people in Southeast Asia?
00:24:59.840I take it they can't be too happy with Xi coming next week when possibly they could be in Washington, D.C.
00:25:09.040meeting with Scott Besant or the trade rep or Peter Navarro trying to cut a deal.
00:25:57.280The thing about China is that if you bribe someone in a business setting in China, you get executed.
00:26:03.040If you leave China and go bribe someone in a foreign country on behalf of the CCP, you get a promotion and you get a raise.
00:26:10.380And so right now we've got to be I mean, see, the CCP is on the march and we are honest brokers in the United States.
00:26:17.180But right now what we have to the message to these, you know, all of these countries around the world is China is not a smart long term investment for you.
00:26:25.260The United States is we are more stable.
00:26:36.140They don't pay their taxes and they don't assimilate to your culture.
00:26:39.920And so I think that these nations know that, which is evidenced by, you know, 75 plus countries saying, please, Donald Trump, we want to come make a deal with you.
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00:29:30.340We have more on the Texas race this afternoon, maybe tomorrow, but it's already started out pretty vicious.
00:29:43.060Cornyn already started the smear campaign against Ken Paxson.
00:29:46.280In Texas, folks, and for the great folks in Texas, this is like the ongoing battle.
00:29:52.360We've had the impeachment of Paxson, then the trial, which this audience was very involved, making sure that people understood the consequences of voting to convict.
00:30:03.440You've had the massive, you know, a source trying to turn Texas blue and then purple.
00:30:09.520And then because of the grassroots and the MAGA movement and President Trump, President Trump won by 14 points.
00:30:17.640These are numbers that are just absolutely blowout numbers.
00:30:21.300The – but then you had the House situation where the Texas has these great conservatives.
00:30:27.940We've been down there, and that's why Glenn Sturring, the team at Patriot Mobile and their PAC has been so terrific.
00:30:33.300I went down and gave talks in Denton County and Tarrant County.
00:30:36.420It's just been – it's been incredible down there, the level of enthusiasm.
00:30:40.380And now you're going to have probably for 26, for this cycle, the most intense – although Michigan may be teeing up to be that – the most intense will be Texas.
00:31:44.580We're going to spend – Axios has a big story today about this.
00:31:48.220And it's got Charlie Kirk is giving a quote in it that we talked to them and said we're going to be very involved in this thing.
00:31:55.800And this is like a continuing – this is a continuation of these fights that we've had before.
00:32:01.060Back to capital markets and particularly gold.
00:32:04.140I mean at 3144, particularly with the market down, these markets are going to be all over.
00:32:09.020One of the reasons you've had this reaction this morning is that it is – first of all, that was – some of that yesterday was a short cover.
00:32:23.920The entire thing about the geoeconomic and the geopolitical reset is predicated around China and what our elites have done to basically empower China and make China wealthy at the expense of working-class people in the middle class of the United States.
00:32:41.940That gets down to the beating heart of it.
00:32:44.200We've talked about it on the show for years and years and years.
00:32:47.140We consider this show to be the lead in the effort to back Lao Bajing because the United States and people in the United States can't take down the Chinese Communist Party.
00:32:56.340Their legitimacy is questioned by their citizens.
00:33:00.120And Lao Bajing, that's a term of endearment in China.
00:33:15.400He's the guy that everything kind of happens to, but it's on his shoulders that the whole country kind of exists.
00:33:21.280So it's a term of endearment, Lao Bajing.
00:33:24.880And it's – only the Lao Bajing can make a decision about who rules them and who governs them.
00:33:30.900But I will tell you they have no love for the Chinese Communist Party.
00:33:34.080The Chinese Communist Party is always – is now in a huge crisis internally about legitimacy because even from the founding of the People's Republic of China, it's been very questionable actually how they came to power.
00:34:13.420It started in the late 1940s with Time magazine and with others in the – what they called the China hands or people in the United States that were very close to China.
00:34:47.140The Chinese Communist Party has always internally had an issue with their own legitimacy.
00:34:51.580Juan Xishan and others have led an effort for years about how to do that because they realized they only exist because they've made a Faustian pact with the people of China.
00:35:02.860We will give you tremendous economic returns and really bring you into the middle class, okay?
00:35:09.620But at the cost of no political freedom and no real freedom, it's run as essentially a slave labor camp.
00:35:19.400They knew that in 1989 when Tiananmen happened, that was Bush's first and only term.
00:35:26.700The Clintons knew it when the Clintons had the Chinese generals coming into the White House with bags of cash.
00:35:31.900The fix has been in by our governing class, by the investment banks, by the providers of capital to essentially shift capital out of the United States and away from manufacturing to what was essentially a slave labor camp in China.
00:35:51.100And Kevin O'Leary gave just a magnificent summary to – on CNN the other night.
00:35:57.140And it's a good lesson I think for the – and maybe I'll play it later today.
00:36:01.380It's a good lesson for the war and posse because these are things we talk about if not every day, every other day for years and years and years and particularly the beginning of the show when we started five years ago and we shifted from impeachment to pandemic.
00:36:14.920Why were we the first people on pandemic?
00:36:17.100Well, given our knowledge of China, given the relationships we have, we knew immediately this was going to be a huge deal when other people kind of laughed it off.
00:36:28.600Now it's become clearer and clearer and clearer that when President Trump – when President Trump engaged with Bob Lighthizer and Peter Navarro to really negotiate a massive overall deal with the Chinese Communist Party.
00:36:43.460It was the deal that was the one that had seven different verticals to it, took care of all what we call the original sins, state-owned industries, their currency manipulation, all of it, counterfeiting, everything they've done and also labor practices, the crushing of their own people.
00:36:58.420So over almost two years of negotiation from 2017, very early because we did in the White House first – the accommodationist won out initially about how to kind of work out something.
00:37:11.660That took a couple of months, and it came off the trip of Xi coming to Mar-a-Lago, and President Trump was furious when he saw the product.
00:38:25.840Also, if you look at Japan and – or excuse me, but Mexico and Canada, he's got huge tariffs on them, and he's still got the 25 percent tariffs on the automotives coming in here.
00:38:35.600So people say President Trump's blink is farthest from it.
00:38:38.580What he's done is set a process to get all the other nations of the earth in here and to kind of figure this out on reciprocity.
00:38:45.580And they've got something to say about that, and they should.
00:38:48.480We're not sitting there going, this is it.
00:39:55.980This is what we're going to work with the Panamanian government.
00:39:58.080But this is going to be an asset controlled by the United States of America.
00:40:00.320This is why I'm calling for immediately what they should do is set up for Larry Fink to wire the money to Hutchinson-Wampo, to the Panamanian government.
00:40:09.900Just had the Panamanian government bless the deal.
00:40:13.020Wire the money to Hutchinson-Wampo because the CCP has stopped the deal to transfer the docks, the management of the docks and the stevedores and all that into Panama Canal from a Chinese company.
00:40:23.900Does that sound familiar about what they do?
00:40:26.280Hutchinson-Wampo, one of the most important trading companies in Hong Kong.
00:40:30.320To transfer that to Larry Fink and BlackRock.
00:40:54.600Number one, their senior cadres can't kowtow.
00:40:57.980If they kowtow to what we wanted today, my strong belief is that they would be removed by certain ultra-nationalist elements in the military and also in the party.
00:41:08.300Remember, the Chinese Communist Party is run by about five factions.
00:41:22.240They have more wealth and stolen more wealth from the Chinese people than like the monarchies in the Gulf Emirates, particularly Saudi Arabia.
00:41:34.660The Chinese Communist Party senior cadre personnel is some of the wealthiest in the world.
00:41:39.820The other I recommend, and I understand President Trump is not for this.
00:41:43.960President Trump very much wants the American universities to educate foreign students and bring the best embrace here.
00:41:52.620His thinking on this is very sharp and very dug in.
00:41:56.420He's kind of immovable on this, although I recommend, given everything that's going on and the commitment that the Chinese students – not their fault.
00:42:05.600They have to make a commitment to the Chinese government and essentially to their intelligence services to do a monthly update where they're here as an exchange student.
00:42:13.440I think it's just better for this moment in time of what's going on with us vis-a-vis the Chinese government that we immediately revoke all 350,000, which I believe the number is – does that number shock you?
00:42:28.720Revoke the student visas immediately, get them on a plane and get them out of here, and allow all American students to fill those billets immediately, those student billets a lot, and some of the best universities in the country.
00:42:42.940So I strongly recommend we do that as we're going to have to go to other measures here besides just the tariffs because the Chinese Communist Party is not going to bend the knee.
00:42:52.620As Carolyn Wren just said yesterday at ASEAN, they were telling people, don't go to the United States, do not go to the United States, do not engage in this process.
00:43:01.140Now they're actually saying, hey, next week we're showing up, so be there.
00:43:54.600Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency in your financial future.
00:44:02.180His latest book, Money GPT, exposes how AI is setting the stage for financial chaos, bank runs at lightning speeds, algorithm-driven crashes, and even threats to national security.
00:44:13.660Right now, War Room members get a free copy of Money GPT when they sign up for Strategic Intelligence.
00:44:20.440This is Jim's flagship financial newsletter, Strategic Intelligence.
00:44:49.400Markets are all over today, and a lot of turmoil is going to be like that.
00:44:53.440The reason is this, that the – and Asian had a good night overnight, and particularly Japan and Europe had a good day, not a bad day.
00:45:03.540Very turbulent U.S. markets, and the headline right there, hits China harder.
00:45:07.200This is the game, and Chinese – and anybody associated with President Trump that's telling him that the Chinese are going to kowtow immediately, hey, maybe they do, and that would be monumental, and I'd be the first to say, good on you.
00:45:21.060This – what President Trump has done is brilliant.
00:45:23.920He's going to isolate the Chinese Communist Party.
00:45:25.700And you see now, Caroline Wren yesterday from Kuala Lumpur, today from Jakarta.
00:45:32.200The Chinese Communist Party is all over trying to get people to turn on the United States, and they're going to be making – she's going to be making personal visits.
00:45:39.620And remember, the head of China does not travel easily.
00:45:45.080He doesn't show up on places randomly.
00:45:48.080It's the predatory capitalism that's kind of the British East India Company model that they've done in reverse is very, very powerful, very, very powerful for the one belt, one road.
00:45:57.560Virtually all the countries that took it regret it because the projects are not finished or they didn't turn out like they thought they were, and now they own the debt.
00:46:05.720And so you've had kind of elite capture with predatory capitalism just like the Brits used to do it using the British East India Company, and it's worked out terribly for the countries that took the money.
00:46:19.540That's why gold is now over 31 – it's 3,144, still close to it.
00:46:42.280Easiest way to do it to start off, just take your phone out and text Bannon, B-A-N-N-O-N, 989898, and ask for – and get the ultimate guide for investing in gold and precious metals in the era of Trump.
00:47:02.260Get some pattern recognition here, folks, because it's going to be turbulent for a while, that I can tell you, in this turbulence.
00:47:10.360Natalie Dominguez, by the way, the response on the Triple Lock, on the Million Dollar Triple Lock protection offer, program, has been extraordinary.
00:47:22.520Yeah, so, you know, normally we talk about news stories, and I know we've talked about squatters in the past, but I wanted to bring up this story because I just found it to be incredibly wild.
00:47:31.220A woman in Florida has done this to two homes.
00:47:53.780But what happened was she had gone into the home, started squatting, and then presented a quick claim deed to the police saying, nope, I own this home now.
00:48:01.440Luckily, when they researched the record, it hadn't actually been filed properly with the county, so the county hadn't accepted it, but she had filed it.
00:48:11.620And this is, like, just the wildest thing to me.
00:48:14.300One, she told the police that she had seen other people doing this to properties, and that's what gave her the idea to do it, was going in and essentially squatting and then filing the quick claim deed and then taking over the property.
00:48:27.800And she said, I was going to take care of it.
00:48:30.240And it just, the mentality of this is crazy.
00:48:33.480The part that killed me the most was that the state attorney came out afterwards, and I quote, said, although the deeds were not accepted by the clerk of court in this case, if it had been, excuse me, there would have been drastic and expensive consequences for the homeowner.
00:48:48.720And then continues to say that the homeowners can easily protect themselves against this crime through monitoring systems.
00:48:55.500So basically, this is what I'm hearing.
00:48:57.540It would have been devastating for the homeowners, but homeowners can protect themselves.
00:49:02.560But the only thing that stood between this woman and owning this person's home was that she didn't fill out part of the transfer document properly.
00:49:09.500There's no, there's nothing set up at the county side that would have stopped them from taking it other than maybe a signature or an address not filled out.
00:49:21.300No, here's – now I'm glad I got home title luck.
00:49:25.600You're telling me that the squatter could just go down to the county, fill a quick claim deed, nobody does any checkings, that it might have slipped through if it wasn't for some technicality.
00:49:37.000And then the owner – and the state attorney says then the owner is going to have a long fight.
00:49:42.180First of all, somebody else is in your property, which is bad enough, but you're going to have a long fight paying lawyers to dig them out of there.
00:49:47.600And maybe it might be some small possibility that that doesn't work and they take the home.
00:49:55.760And I know you guys have had Matt Cox on, the criminal that did this like 20 years ago and went to prison for over a decade.
00:50:01.380He said that's something he used to do.
00:50:02.580He would go and he would actually rent a property, be in the property for a little bit, and then get all the information he needed and then file the quick claim deed and then go take out all the equity.
00:50:11.380So, you know, that's why we built our million-dollar protection the way that we did.
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00:50:28.860We have built a network of legal experts across the U.S.
00:50:32.420No matter what jurisdiction you're in, whatever we're dealing with, we're prepared, knowledgeable, and ready at a moment's notice to fight for these homeowners.
00:50:39.560The last thing that you want is someone living in your house while you're fighting a two-year-long legal battle.
00:50:43.420So you can go to HometitleLock.com, use the promo code STEVE.
00:50:46.700You're going to get a 14-day free trial and a title history report to make sure that you are not already a victim.
00:50:52.740This is the most important thing that you guys can do today, especially in this uncertain, you know, the market.
00:50:58.040Everything that's going on with homes right now, make sure that you're not in a legal battle for the next two years trying to figure your stuff out.