Episode 5096： Bovino To Leave Minneapolis; Deportations To Continue
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Summary
A major shift in strategy by the Trump administration regarding immigration enforcement in the wake of the mass shooting in Minneapolis. Sources tell CNN that top Border Patrol official Gregory Bovino and some of his agents are expected to leave the city tomorrow.
Transcript
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to CNN. Sources tell CNN that top border patrol official Gregory Bovino and some of his agents
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are expected to leave Minneapolis tomorrow. CNN's Priscilla Alvarez is in Washington with more of
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this. So Priscilla, what are we learning? Because this is obviously a major development
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here on the ground. Yeah, absolutely, Anderson. This really is a major shift in strategy here
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by the Trump administration. Recall Gregory Bovino has been a key player in the Trump
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administration's immigration crackdown and became in many ways the public face of that
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crackdown across cities in the country, most recently, of course, in Minneapolis. And we
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are now being told by sources that he is going to be departing Minneapolis with some of his
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border patrol agents tomorrow and going back to their respective sectors. What I mean by that is
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they will go back to their original offices as they had been deployed as part of this crackdown
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to his team. Now, we're also told that part of this has been influenced by the frustrations within
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the administration over the handling and the public response of Saturday's shooting. So now
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the decision has been made to have Bovino leave Minneapolis. Of course, he has been a controversial
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figure in all of this. This doesn't mean, though, that all border patrol agents are leaving. Some
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will stay to continue supporting immigration and customs enforcement. But the face, the key player
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of this is going to be leaving the city tomorrow, according to sources, Anderson.
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And very briefly, Priscilla, do you have any idea how many of his agents will be leaving with him?
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Because he kind of rolls deep with the coterie of folks around him. Is it just those people or is
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it a larger number? We're still trying to get a better sense of numbers, but numbers are always
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hard to come across because, of course, these are immigration enforcement operations and they
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typically keep those close to the vest. But all the same, his agents still make up a good share of
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the border patrol agents on the ground. So them leaving would certainly make a difference in the
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city of Minneapolis, or at least that is the intent here appearing to be the intent here over whether
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to pause ICE operations in the state potentially permanently indefinitely and to block ICE's activity
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or allow DHS agents to continue its work, which has brought terror to the people in Minneapolis
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in that community and left two of their residents dead in 17 days. That hearing comes on the heels
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of a call that Donald Trump and Governor Tim Walz had today. Walz's office said that Trump agreed to
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speak to the Department of Homeland Security to ensure that, quote, state investigators were able to
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conduct independent investigations into the federal officers' shootings of Alex Preddy and Renee Nicole Good.
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Yet Democrat leaders in Minnesota with sanctuary city policies have actively defied federal
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immigration law and the will of the people. And as a result of that defiance, two Minnesotans have now
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tragically lost their lives on the streets of Tim Walz's state. Secretary Noam said Alex Preddy committed
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an act of domestic terrorism. Stephen Miller labeled Preddy a domestic terrorist. Does the president agree
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with them? Look, as I've said, I have not heard the president characterize Mr. Preddy in that way.
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However, I have heard the president say he wants to let the facts and the investigation lead itself.
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Was he alarmed to hear his top officials referring to him in that way, rushing to that judgment?
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Okay. So this weekend, the president posted that this is a cover-up of the fraud in the state of
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Minnesota. He also posted Minnesota is a cover-up. These both happened after the shooting.
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So given that these came after the shooting, what is the this here? What is the cover-up he's
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alleging? Yes, it's a good question. I spoke with the president about this at length.
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What the president is referring to is the fact that you have Governor Walz and, again,
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the mayor, who have been encouraging these left-wing agitators to come out and to harass
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and to dox and to threaten ICE and to make this conversation about and smear lies about
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federal law enforcement who, again, are just trying to do their jobs in an attempt to distract
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from the widespread, massive fraud that has taken place in their state. Billions and billions
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of dollars has been stolen from law-abiding taxpayers in Minnesota. And the administration
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continues to be very focused on getting to the bottom of it, especially, and the president
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raised a good question over the weekend, with respect to Congresswoman Ilhan Omar, who now
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has a net worth within the millions. And one must ask themselves, why and how is that possible?
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Is she connected to the fraud rings that we have seen taking place within her state and her own
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district? It's a question the American people are raising, and the president believes it's one
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worth answering. In that lawsuit, the plaintiffs were arguing that these federal immigration
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enforcement tactics by the Trump administration have been violating the constitutional rights
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of Minnesotans. The argument is that these are indiscriminate and unconstitutional stops and
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arrests. Of course, the use of force that we've seen, they argue, also violates constitutional rights,
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including the killings of Renee Good and Alex Preddy. They were arguing, furthermore, that the
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judge should rule essentially immediately. And they were asking for an immediate pause as the
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litigation proceeds on Operation Metro Surge. But in the hearing today, it didn't seem clear that the
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judge was actually willing to act as quickly as the plaintiffs want her to. And she also expressed
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some wariness that this was her decision to make. She expressed some trepidation over wading into what
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she described as a policy dispute over immigration enforcement between a state and the federal
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government. Of course, we're also dealing with a pretty rapidly shifting political situation right
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now, in the sense that we've been hearing a pretty markedly different tune from Donald Trump himself
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than we heard over the weekend from key figures in his administration. In the aftermath of the Alex
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Preddy killing, Trump is sending Tom Homan, the borders are here to Minnesota, apparently to replace
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Border Patrol Chief Greg Bovino. You know, just context for our viewers, the types of tactics that
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we've been seeing, these types of tactics that critics describe as reckless and dangerous, and which
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my reporting and many other people's reporting shows have, you know, resulted in. And, you know,
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I should say, for example, former DHS, high-level DHS officials who are career people, not political
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appointees, have told me that these operations in urban environments in American cities put not only
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the people of these cities in dangerous positions, but also the DHS agents involved, those tactics
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could be changing in the coming days here in Minnesota, if, in fact, the Trump administration,
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who, you know, Trump also having had this call with Governor Walz, is signaling the possibility of
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a de-escalation or even potentially a withdrawal of federal agents from the city. I've spoken to some
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local and state officials here to get their reactions to what appears to be this change in the
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political winds. They say that, you know, these are empty promises until they're fulfilled. And
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until they see ICE and CBP leave their city, they're not going to be satisfied, Nicole.
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This is the primal scream of a dying regime. Pray for our enemies, because we're going medieval on
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these people. I got a free shot, all these networks lying about the people. The people have had a belly
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full of it. I know you don't like hearing that. I know you've tried to do everything in the world
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to stop that, but you're not going to stop it. It's going to happen. And where do people like that
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go to share the big line? MAGA media. I wish in my soul, I wish that any of these people had a
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conscience. Ask yourself, what is my task and what is my purpose? If that answer is to save my country,
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Monday, 26 January, Eurovalor, 2026. I don't think you can call this anything but
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the White House blinking, right? That walls had this, you know, walls called up and
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glazed President Trump, slobbered all over him. But for what we're hearing now, that Bonvino,
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who I think Bonvino has done an amazing job in a tough situation, just put it in perspective.
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The Republican congressman sat there and allowed this to happen after year, after year, after year.
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What'd they do? They called Mayorkas up a couple of times and sent some strongly worded letters.
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They did nothing. They did nothing. 12 to 15 to 20 million illegal alien invaders didn't get here
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unless the Democratic Party drove it and the elites in our country drove it because it benefited them
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economically. And also the Marxists wanted to shred American society. But the Republican Party
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went along with it. Remember Greg Abbott, who's criticizing Border Patrol right now, criticizing
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Bavino. He never did anything. He never put the barbed wire down there and it wouldn't even tie it
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together. As the governor of the state, he didn't stop an invasion at all. That's where they're
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arguing in this primary right now. The Attorney General's race is they're really going to do
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something this time. It's not going to be like last time. What was done? The House did nothing.
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They did nothing. So naturally, they want to get, they want to get these people out there.
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They don't want to deport anybody. Maybe they want to do the worst of the worst, which is a code word
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means they're going to get the rapist, the murderers, and that's it. Then they're going to leave
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with millions and millions and millions. The president last night, not me, the president of
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the United States said we have tens of millions of criminal alien, criminal aliens in the country.
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I agree with that because all of them that came here are criminals by doing it. And they all have to
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go. Tom Homan going and being deployed is great. Taking Bovino and now not just the folks around
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here, but it looks like some of the customs and border is a withdrawal, a partial withdrawal.
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What do we get for that? Did Walls say that the city police are now going to work with them? Did we
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get the National Guard turned over to the president so we can use the National Guard and they're not in
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yellow vest, being humiliated, handing out coffee and donuts? What did we get? What do we get from
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Walls? I'd like to know what the facts are here. Homan going is fantastic if he presses the bet.
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And now Kristi Noem's got to go before the Judiciary Committee. And in addition, I bring in
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Jack Posobing. And Jack, thanks for sticking around to do this. They've turned over the investigation.
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I'm not so sure the president understands what he agreed to, if he agreed to this at all. But
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Walls is telling people that the state investigators, and Jack, can you please inform people of the
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state investigation group? What a group. These guys are the worst in the world. We've already seen
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their track record. Because supposedly he's turned an investigation of these federal officials
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stopping people, domestic terrorists, trying to, because that's what it is. These aren't just
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citizens of Minnesota. These are domestic terrorists. Jack Posobing. Well, Steve, people have to remember,
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of course, that these investigators in the state investigations offices, BCA in Minnesota,
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this is all controlled by Keith Ellison. So Keith Ellison is, he is a, of course, as we know,
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a committed jihadist, committed subversive, but also someone who has promoted and endorsed Antifa tactics,
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and specifically by name, held up the Antifa book. These are the same investigators who repeatedly
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lied about Derek Chauvin. They lied about COVID. They lied about so many things that were happening
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under walls. These are the people who couldn't find any Somali fraud. Remember, they, for all these
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years that Somali fraud was going on, these are the supposed investigators who couldn't find a single
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thing wrong with any of Minnesota's programs. And then suddenly Trump comes in and he brings in
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Bessett and he brings in Bobby Kennedy and brings in everyone else and they're auditing things and they pull
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the books. He got Nick Shirley running around 23 years old and he's able to figure it all out.
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So these investigators, they are committed Marxist. They're run by a committed Marxist. All right.
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This is Tim Walls, a guy who went to China 30 times and learned how to run a Marxist insurgency from the
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Chinese Communist Party themselves. That's why it seems like a Maoist cultural revolution, because that's
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where he got the idea from. They did it in 2020. They're doing it again in 2026. It's the only
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fallback. What do the Marxists do? What do the communists do? You find a martyr. You, you put up
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your useful idiot as a martyr, and then you turn around and say, you create the crisis to take the
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power. You create the prices to take the power and they will do it again and again and again if we let
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them. By the way, he sat there for years. He's part of the money laundering and embezzlement. He knew
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what was going on and what did he do? He focuses attention on what? The radical Muslim, the radical
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Muslim focuses attention, Antifa supporter focuses attention on Mike Lindell's, uh, the little
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Christian network he's got to help people in recovery that knits things together. He went
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after that. He put, he's put Mike Lindell through the changes in doing that because this is how these
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guys work. Jack, I just want you to stay through the break, but real quickly, if any custom and borders
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agents leave with Bovino, is that a deescalation? Is that a withdrawal? It is a, it is a, uh, it is
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a deescalation. It's a changing out. You know, I'd like to know if, uh, if does this mean there's
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going to be state police and local police helping with ICE? Uh, I'm a, I'm a supporter of Commander
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Bovino. I think his tactics have been absolutely appropriate given the situation that he's in and
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the lack of support that they have had from local officials. Bovino has done a magnificent job.
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The cops were against him. The National Guard was against him. The political apparatus,
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it's infiltrated. Look at, look at the signal chats. They have people in the department. They
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have people in a DMV. They're giving their licenses. Bovino was there by himself fighting
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all that. He did a magnificent job, not a good job. He did a magnificent job when the world was
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against him. And look at both of these situations where these domestic terrorists, because that's
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what they are, are trying to intrude in basic police operations. Bovino did a great job, not an okay job,
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not a good job, not a bravo Zulu. He did a great job. Everything was stacked against him. And what are
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we getting for that? Has Walls come out and said, I was wrong and that we're going to support? No,
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Jack Posobiec. Posobiec, you're an expert because you've been in the field fighting these people
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right for years. You've written books about it. You know the theory of it. I mean, the purpose of the
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revolution is the revolution. There's no issue you can settle with them. That's not how they roll.
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And they have a history of success in doing this that they're using this playbook. They're using
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Lenin's playbook, the Bolshevik playbook, kind of an updated version of the French revolution
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playbook. They know it works. What did Cho and Lai say to Kissinger when Kissinger said,
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hey, when they're sitting there, kind of a quiet period when they, Mao Zedong and Nixon left and he
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says, what are your thoughts about the French revolution? And this is 1972. Somebody says,
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too early to tell that's because he knew there would be Minnesotas in the future, right? This is
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whoever's advising the president is not giving the full, the straight skinny on exactly what this is.
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And in addition, if you're going to do something like this, which is horrible to let Bovino go,
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who's been heroic in what he's done with the world against him, what'd you get for it?
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I don't see them talking about walls coming to the microphone with Fry and saying, Fry saying,
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I was wrong. They're criminals. They're criminals. They should be arrested. Instead of Bovino leaving
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Minnesota, they should be leaving Minnesota and going to some sort of holding tank until we can
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put them on trial. The deaths of the two people are as much their responsibility as anyone else.
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And maybe I'll throw the mainstream media in there for instigating this and instigating it. Jack
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Posovic. Well, Steve, what we're seeing here, of course, is a form of what Lenin referred to as
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revolutionary defeatism. And by revolutionary defeatism, people will look and say, why,
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what is going on with Minneapolis? Why is Minneapolis a city that's, you know, 17 of the Fortune 500
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companies are headquartered there. It's a great city, the Twin Cities area, phenomenal place. Why has it
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been targeted for so much destruction? Why has it been targeted for so much destabilization?
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This is the revolutionary tactic. The point of the pro, the vanguard, the proletariat is this,
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they want their cities to fall. They want their governments to fall. So if you are a committed
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Marxist, if you are a committed Bolshevik, you want your city to fall, and then you will agitate,
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agitate, agitate, agitate until power is given to you from those who are seeking to impose
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law and order. And so they've used revolutionary defeatism. This is why they pulled out of World
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War I when they were just a couple of weeks away from Constantinople from liberating that.
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This is why they got all of Russia to back down. And eventually, what do they do? They call it the
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weakest link theory. Then they start looking for the weak links. Where are the weak links in the chain?
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Where are the weak links where we can apply pressure next? And where do they do? They move,
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just like water. They move pressure to the weak links in the chain, and they push and push and push
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until the entire status quo, the entire government, the entire civilization is destroyed. This is
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civilization versus barbarism. You cannot make deals with these people.
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Lenin loved it. Trotsky loved it. When they announced, the imperial Russians announced that
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they were going to fight the Austrian and the Hungary empire and go to war, they loved it.
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They realized that war would preoccupy. It's an opportunity cost. They would preoccupy. The same
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thing with the Chinese Communist Party in World War II. They didn't fight the Japanese. They sat there
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and fought the nationalists. They fought the nationalists and killed any people that were working
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with the nationalists. They killed more Chinese than Japanese. They used wars or used conflicts as
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time to... This is why the problem with our country, the issue in our country, is not in the streets of
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Tehran. That's all phony. Of course, they're bad guys. They're terrible people. And the people in
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Persia should take them down and do what you want with them. It's your deal. But pulling a carrier
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battle group and having all this focus and going into the national security meetings and not spending
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the time on Minnesota because that is the festering sword, that's where you got a lance to boil,
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not in Tehran, not in Tehran. And now there's all this thing. They got all this muscle and they're
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coming in. That is a waste of focus. The focus has got to be in Minnesota. And you don't focus
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by pulling Bavino, who's had the guts and been personally attacked to go out there and nobody
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helped him. Did we cut off funding for the police? Did we cut off for the national guard? Did we order
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the national guard not to report to Walls? Walls, Jews, they step back and let these agents at the
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hands of a mob, just look at the videos. Don't take it from me. Don't take it from Posobiec.
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See what you see, see what they've done. And there's no negotiation with them.
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They don't want any illegal aliens, even the rapists and murderers. They don't want anybody to go.
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They don't want anybody to go. You know why? Their entire business model is set upon
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having 15 or 20 million illegal aliens in this country. They can't win. What did Jesse Kelly
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say? They probably got 20% of the populace to vote for them. The rest has got to be stolen
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in elections. Our illegal alien evaders, Jack, this is so basic in the present. What's happened?
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You got these classic gutless, feckless Republicans who got us this. If they had a better idea, I'm the
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first person to say, okay, I got it. What's the better idea? Let's do that. Give me the better idea.
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Their idea has been surrender. They are controlled. And Lenin told you what these people are going to be
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like. You will have controlled opposition that'll put up a phony, a cosplay on a cosplay basis.
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Don't go out to the hustings and say, yes, I'm so anti-illegal immigration and seal the border and do
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this and do that. And then not just do nothing, do the exact opposite. They will fund the $6 billion,
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the refugee program that's financing the Somalians, Jack. You can't take advice from Lindsey Graham.
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You can't take advice from these people. They're the ones that went along and caused the problem.
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You can't take it. Of course, they all want to just go away and say, oh, well, there are 20 million
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here in the Democrats. And, you know, that's not great. But they do add a point to GDP and they do
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drive down wages. So that's good. Right. Companies, the 17 companies headquartered in Minneapolis
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are going to make more money, have higher stock. We're all going to be wealthy. We'll all get a
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couple of second homes up in Lake Country in northern Minnesota. And Bob's your uncle. It's
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all great. But it's not great because you're tearing the country apart. It's not what ICE and
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Border Patrol are doing. They're not tearing the country apart. The revolution is tearing country
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apart because they want to tear the country apart. That's their plan. Posobiec. Steve, I'll give you
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example, right? Just a great example of this. You know, you go back and look, Mall of America.
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President Trump just put out this video, a video clip of New York City from about 100 years ago.
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And you see the you see the clothing that people are wearing. You see the safety as they walk down
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the streets. You see it there. You go and pull up the videos. And I post this every once in a while,
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the Mall of America, how it looked when it first opened 1991, 1992. Everyone's happy. It's it's it's
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classic Minnesota. It's Mike Lindell, Minnesota. Exactly what you'd expect to see now. What did my
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brother do this weekend? He went in there in Minneapolis and they went into a Walmart and he
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went up to the and they they recorded the whole thing. And they went up to one of the workers there
00:24:13.580
and she's got the hijab on and say, hey, I want to buy some hand warmers. It's cold up. And she goes,
00:24:18.340
hand warmers, hand warmers. I don't know. What is that? Chicken, chicken. And you walk around
00:24:24.300
and you realize that you're surrounded by people. And then when you walk up to them,
00:24:28.240
they're not speaking English. They're not speaking your language. You are completely invaded. You've
00:24:33.020
been completely occupied. That's why they call it Little Mogadishu. Now, this is a complete ethno
00:24:39.820
micro state that has imposed itself inside of the twin cities. So it's now it's the tri cities because
00:24:47.620
you've got Little Mogadishu that's there. And Steve, to your point, this is what the Fortune 500
00:24:52.960
companies want. This has been the biggest fight of all. If remigration is ever going to work,
00:24:58.540
if remigration is ever going to happen, if Western civilization is ever going to survive. And I saw
00:25:05.500
President Trump there at Davos and he talked about this. He said, Paris doesn't look like Paris
00:25:09.460
anymore. London doesn't look like London anymore. Well, this is the fight. It runs through Minneapolis.
00:25:16.000
The fight for all of Western civilization runs through Minneapolis. If we can't get it done there,
00:25:20.320
we're not going to be able to get it done anywhere. It's as simple as that.
00:25:24.340
It's not going to wave a magic wand and go back to some golden age of America. It's not like that.
00:25:29.600
How about this? If you want to sort out New York City, just take the one February date and let's
00:25:37.380
move it up to this afternoon. Let's cut off all the federal funding. They still have sanctuary cities.
00:25:42.560
President Trump said, you got to get ready. He gave four things they had to do. They haven't done
00:25:45.800
any of them. And they're not going to do any of them. The reason they're not going to do any of
00:25:49.020
them, they think they're winning now. Because Bovino, this little hero who stood in the breach
00:25:55.040
and put his own life on the line, you're sending him home.
00:25:58.680
Well, there's a cartel bounty. A cartel bounty on Bovino's head.
00:26:02.660
There's cartel bounty and you're sending his people home.
00:26:06.500
And I don't see where liver lip walls or that little pimp fry are coming to the microphone
00:26:13.300
and saying, yeah, we've reverted all the sanctuary city laws and we sent all the criminals to
00:26:19.520
President Trump. And we're going to get rid of, we're going to tell the police they got
00:26:23.720
to support. I haven't heard, it's crickets. It's crickets because they're spiking the football
00:26:28.600
over there. The only thing that works is applied leverage, whether that leverage happens to be
00:26:39.200
law enforcement or financial or political, but you got to bring leverage. And you can't give
00:26:46.080
your leverage away. The people they're advising, Stephen Miller, my recommendation is Stephen Miller
00:26:50.960
ought to fly it there with Homan. And Homan's a good man. I think a team of Homan and Bovino
00:26:56.860
would be amazing. And that's who I'd like to see on the scene. But Stephen's got to get out there
00:27:01.300
and, you know, he's got to lay, here's the plan. And the plan is we're still in the business of mass
00:27:08.720
deportations. They're all worried about the polling and independence and got guys walking
00:27:13.800
over the independence. Are you down 20 points? Hey, I got news for you. Look at the poll of
00:27:18.940
Whatley in North Carolina. He's a 24%. And the reason he's at 24%, you have the people that vote for
00:27:25.900
Republicans all the time. Yeah, we'll vote for Wiley's a Republican. We'll vote for him. You don't
00:27:29.440
have MAGA going to vote for him. Your problem now is you got to get MAGA to turn out. 10% of MAGA
00:27:36.260
doesn't come. We're turning the economy around. We can hold this and pick up some seats, but not if
00:27:43.960
you surrender in Minneapolis. Jack, this is like Fallujah and Najaf round one. Jack, where do people
00:27:51.780
go? Thank you for sticking around, staying away from the family. Social media, where they go on
00:27:56.120
Twitter to get you, sir? Of course, we're at Jack Posobiec. And Steve, by the way, I'd love if it were
00:28:02.200
happening that Commander Bovino, if you're going to redeploy him, fine. Redeploy him to Maine.
00:28:07.560
Redeploy him to Los Angeles. Redeploy him to Lewiston. Redeploy him to New York City. Have him go give
00:28:16.180
Mondami once four. Look, Commander Bovino is one of the best of the best. And I suspect we haven't
00:28:22.400
seen the last of him. Redeploy that. Short break.
00:28:29.020
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Okay. Historic weekend in that gold went over 5,000, silver over 100, and it's still there.
00:30:35.100
Philip Patrick from Birch Gold, which, Philip, I've been telling everybody to get, you know, go to our
00:30:40.720
different alternatives onto Birch Gold and to get out, reach out to you and your team personally.
00:30:47.300
First off, what got us to this moment? This is, I mean, if you and I, we first started doing this
00:30:52.900
five years ago, if, you know, as much as we're sitting there going, hey, the dollar is under
00:30:57.560
assault, you can see it'll take one guy, you know, we didn't know Biden was going to come,
00:31:01.540
but one guy like Biden and, uh, and this, this thing could collapse. Um, but we never thought
00:31:08.160
it'd be at 5,000 bucks an ounce. Uh, what has got us here, sir?
00:31:13.160
Yeah, look, I, it's, it's so many factors have been contributing. You mentioned probably the
00:31:19.060
biggest one, which was, uh, uh, you know, Biden's weaponization of the dollar back in 2022. And I
00:31:24.580
think what we're seeing now is not even really a precious metal story. This is more of a credibility
00:31:31.120
story. What I tell people all the time, gold didn't suddenly become valuable overnight. What
00:31:37.140
changed, I think, over the last few years is the confidence in everything else priced around it.
00:31:42.900
We're talking currencies, government debt, growth, growth forecast, all of it. And markets, when they
00:31:50.180
see things like this, they don't panic. What they do is just reprice. And I think that's ultimately
00:31:55.880
what we're watching playing out in, in front of us, a slow structural repricing of, of credibility.
00:32:02.300
And I think people focus a lot on, on prices, but I don't think the real story sits in prices. And I'm
00:32:09.380
taking your line, essentially, I think what prices are, are a thermometer. And they're telling us that
00:32:15.280
the system, and I'm not just talking domestically in the United States, but the global financial
00:32:20.720
system is sick and essentially has a fever. Now look at the mainstream media. We've been talking
00:32:27.780
about precious metals, you and I, for the last four years, Bloomberg, CNBC, they're catching on today and
00:32:34.840
they can't decide in the current climate whether to call this trend a panic or a mania. But I think they
00:32:41.620
would be wrong on both fronts, right? A panic is emotional. And what we're seeing today is very
00:32:47.340
different. It's institutional. The biggest buyers today, they're not hedge funds. It's not the Reddit day
00:32:53.440
traders sort of hyping up a market. This is central banks who are buying quietly, frequently, and often
00:33:00.060
undisclosed. Poland, for example, just bought 150 tons of gold bullion. And they came out publicly and
00:33:08.180
said, listen, pricing doesn't matter to us. This is about stability, right? China have been stockpiling
00:33:15.120
gold reserves for many years now. They don't even report half of their purchases. So China's official
00:33:21.700
numbers will be much lower than actual. And ultimately, when the institutions that issue money
00:33:28.900
decide that they need an asset without counterparty risk, without political risk, with no printing
00:33:35.140
presses behind it, I think it shows us that the system has changed. Silver is a little bit different. It's
00:33:42.320
both monetary and a strategic mineral. It has been undervalued as well, I think, for a long time. Global
00:33:48.980
supply has fallen short of consumption for the last six years. We're seeing an explosion now on the back of huge
00:33:55.960
investment in AI data centers. A typical node for a data center uses about two ounces of silver. AI nodes
00:34:05.840
require six ounces. So we're seeing huge demand. And of course, silver is a necessary component in
00:34:12.120
everything from electronics to complex weaponry. So we're seeing a realization around the world and a
00:34:18.100
scramble now to secure silver. On the back of that, China have added more export restrictions on silver.
00:34:26.440
They're the number two miners of silver in the world. So we're seeing tight supply on the back of an
00:34:32.120
increase in demand. So all in all, it's the perfect storm for precious metals. And I think what's driving
00:34:37.980
them isn't fear or panic or mania. It is very simple math at this point.
00:34:43.180
Those people that might not have gotten the end of the dollar empire a couple of years ago
00:34:52.200
or gotten your free with no obligation, if he takes Bannon, B-A-N-N-O-N at 9-8-9-8-9-8,
00:34:59.240
you can get the free guide, no obligation to investing in gold and precious metals. If people
00:35:03.860
haven't done that or haven't gotten the, haven't gone to Birch Gold with promo code Bannon and gotten
00:35:09.000
the end of the dollar empire and read any of the installments, I think we got seven now in a hard
00:35:13.640
edition that I'll sign personally, if you, uh, with the appropriate investment, uh, if they haven't
00:35:20.620
done that and they're saying, they're going, Hey, I should have done this years ago, but I didn't
00:35:25.200
right. I didn't listen to Philip. I didn't listen to Steve. I should have done it, but I didn't.
00:35:29.680
And this thing is just so crazy about what the price is. Uh, you know, did I miss out? What would
00:35:37.320
you do? What do you tell those customers that are coming to you for the first time?
00:35:41.360
Look, I, I would say this and I wouldn't say it in any way dismissively because I understand the
00:35:46.840
question entirely, but I think in many ways it's, it's the wrong question to ask. Look, this isn't
00:35:52.220
about catching a trade central banks. They didn't wake up one day and say, listen, gold's on a rally.
00:35:57.760
Let's buy it. Gold is up because they're buying it. Right. And for people like you and I, I think
00:36:05.220
it's a case of swapping risks for certainty. And the real risk in my mind, isn't the prices pull
00:36:11.060
back five or 10%, although I don't think that's going to happen in this climate. I think the real
00:36:16.240
risk is that the purchasing power of our savings keep eroding and look at what's happening now.
00:36:22.280
Central banks forecasters are scrambling aggressively to adjust their targets. And they've been doing
00:36:28.400
that for the last couple of years, just constantly increasing. But in my mind, the biggest risk right
00:36:34.160
now is, is not owning some precious metals as part of our retirement. One thing's clear,
00:36:39.820
the global financial system is changing. We're moving from sort of a post-World War II order of trust
00:36:48.420
and compatibility, a world policed by the United States into a more fractured world where trust
00:36:53.960
is breaking down. And precious metals and a move away from government debt will be the reality of
00:37:00.080
those climate or the new world, I believe. So forecasts now are increasing significantly.
00:37:07.140
I think we will see $10,000 an ounce gold. Rickards, as I've said a few times, has been calling that
00:37:13.340
for probably 20 years. But I think he is going to be right very, very soon. So for those that are
00:37:18.880
on the sidelines, there is a ton of opportunity. And I will steal your line again. Don't focus too
00:37:26.060
much on price. Look at what's driving the price. Because if they do, I think they'll realize we'll
00:37:35.940
One thing, you came on the show, you guys did the rear reset. And one of the reasons I love Birch is
00:37:41.000
they'll go. They went down for the huge meeting, the BRICS meeting. And you guys did amazing
00:37:46.080
reporting there, as you said, in all the sidebar conversations. Then you came back and it was about
00:37:50.900
a month later. You said, something's fundamentally changed here. And because you and I coming out of
00:37:56.080
investment banking, gold was just, it was a non-entity back in the 90s, right? With the internet
00:38:02.440
coming on, there were so many other things that I wanted to focus on. But you said, hey, gold has been
00:38:08.440
traditionally a hedge in times of uncertainty, or the repricing of risk, or is a safe harbor.
00:38:16.280
But you can tell now with the massive purchases, because we're in the third year, starting the
00:38:20.620
fourth year of record year every year by the central banks. And central banks that kind of have the
00:38:25.900
opinion that Poland has, but don't say it. They're really not concerned about the price,
00:38:30.480
because this is a long-term hold. That gold is actually becoming now an additional, a new kind
00:38:37.760
of financial asset, where it used to just be equities or government bonds or corporate bonds.
00:38:44.600
This has actually taken its place now as a real asset people look at. That's fundamentally in those
00:38:50.760
three months or four months since you said it, you can see, remember, I think gold has increased in
00:38:56.380
value. Is it 80% in a year or 75% in a year? You can see that something fundamentally is shifting
00:39:03.220
about this, sir. It's absolutely correct. Listen, I bought silver three and a half weeks ago for
00:39:10.080
myself. It is up 50%, okay? These are not performing as they have historically. Gold last year, 70%,
00:39:19.060
silver, 150. So not only are they safe haven assets and wealth preservers, but they're outstripping
00:39:25.660
almost every other asset class from a growth standpoint. Now, I still, when I talk to clients,
00:39:31.540
you know, for me, the argument is not, hey, this is get rich quick. It's not that. But I think what
00:39:37.240
we are seeing, as we said earlier, is a repricing. And I think at the end of the day, gold and silver
00:39:41.760
were undervalued for a long time. And it was because people like you and I forgot their value,
00:39:49.040
right? We didn't see it. And today, the world has been reminded of why precious metals have endured
00:39:54.400
for centuries. And I think the experiment that really started dramatically in the 80s to shift
00:40:00.800
away from sound money towards government debt, that has failed. Debt to GDP in the United States
00:40:06.980
is over 120%. It averages over 110% for the entire Western world. And I think the world has realized
00:40:14.600
the problem in many respects is unsolvable. It's a case of, you know, slowing the pace of decline.
00:40:20.520
And we're seeing a reversion back to sound money. And I don't think that will stop. I think the pace
00:40:29.720
In a world where we have roughly, I think, $390 trillion of debt, and I keep saying we're going
00:40:36.440
to have the world's biggest margin call. In a world where we have $39 or $40 trillion of U.S. debt or
00:40:42.120
government debt, and we're running over $2 trillion of deficits every year. Really,
00:40:48.160
we're all Keynesians now. You just got to, we're all Keynesians now. It's ironic that Keynes would
00:40:55.260
refer to gold as a, what is a barbaric relic, a relic of our barbaric previous age. He could,
00:41:04.080
he could, he, he, we're all Keynesians, but he's dead wrong on what gold turned out to be, correct?
00:41:09.940
Oh, correct. And listen, I shared his view. I was a banker. I, I had, I laughed at clients at the turn
00:41:18.300
of the century for looking at gold. There was so many better options. And today I kick myself and
00:41:24.340
listen, I tell people, you know, what we've seen from 1945 up until today, peace, prosperity,
00:41:30.860
strength of currency, that is the historical aberration. Any student of currency understands
00:41:36.620
the history of currency is a history of devaluation and destruction. And that's why you go to countries
00:41:43.040
like China, they buy gold, the people buy gold hand over fist, because they understand in a way
00:41:49.000
that we haven't up until now, the fragility of currency. But I think what we're seeing that now
00:41:55.120
is a reversion back to the historical norm. And I think, you know, the historical norm in terms of
00:42:01.680
central bank reserves, we will see a reversion back there as well. And we're seeing it.
00:42:06.620
Uh, where do people, how do people get to you, sir? I want as many people as possible to come
00:42:12.140
and make contact. This has been amazing for me, Steve, the amount of clients that have called me
00:42:18.360
over the last few months and saying how we changed their lives, just listening to them. It has been
00:42:23.680
absolutely incredible for me. So birchgold.com forward slash Bannon, get the information. That's
00:42:30.420
all we want you to do. Birchgold forward slash Bannon or text Bannon to 989898. Get free information.
00:42:38.880
What you do from there is all on you. If you need us, you can call us from there, but get the
00:42:43.720
information first. It's going to show you what to do. Yeah. It's interesting when we talked about
00:42:50.440
putting end of the day, we thought about, well, how are we going to do this? How are we going to
00:42:54.160
actually explain this to people? And we focused on Bretton Woods and we focused on the dollars of
00:42:59.860
fiat currency, right? And we, then we started writing the different installments, the people
00:43:04.440
that got in there and learned, it changed their lives. It changed, and some, it changed their lives
00:43:09.680
fundamentally. They're in a very different financial place today. Anyway, Philip Patrick,
00:43:14.160
you and the guys at Birch are superstars. So thank you for doing this. Thank you for being on today,
00:43:17.740
explaining this. Thank you, Steve. Go talk to him. It's important for you to understand it.
00:43:27.420
Even if you don't invest, it's important for you to understand it just so you understand how the world
00:43:31.680
works, how the world works. It's one of the things we do here in the war room is try to bring in global
00:43:39.340
economics and capital markets into a political and cultural discussion. Short commercial break. I think
00:43:46.640
we've got the editor of the California Post, the new launch of the New York Post, with us next.
00:43:56.320
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00:45:49.540
New York City Council member Chiyose and I represent Bed-Stuy and Crown Heights in the City Council.
00:45:58.680
And while we're calling to abolish ICE, that most certainly is not enough. We need Nuremberg
00:46:06.540
trials for the people of ICE, for the people who are committing crimes against humanity here
00:46:13.760
in our country. I refuse. I refuse to call them law enforcement. They are agents of chaos.
00:46:24.900
They are destroying the fabric of our country. We move further than calling to abolish ICE,
00:46:33.180
something that many of our leaders in the Democratic Party are still afraid to do.
00:46:37.900
I don't want to hear about reforming ICE. I don't want to hear about training these ICE agents.
00:46:56.300
We're heading to our government shutdown because that's the funding of ICE. Let's go to Mike Lindell,
00:47:00.580
who's running for governor. Mike, that's a city councilman. That's what you're dealing with,
00:47:04.880
brother. Your thoughts? It's pure evil, Steve. I mean, it's pure evil. You talk about brainwashing
00:47:11.160
and, you know, that's our Minnesota media, too. They're like a step above covering up and brainwashing
00:47:17.800
the people of Minneapolis and Minnesota in general. And it's around, I'll tell you, Steve, running for
00:47:26.000
government. You know, when I announced all this came out about three days later, it just exploded.
00:47:29.860
And, but you know me, I still look at it all as a blessing. I believe it's got to get bad so people
00:47:36.420
see all the problems we have. And, and one of the things when I'm governor, the first day I said it
00:47:43.440
earlier today, I'm going to ban Sharia law. I'm going to enforce the protesting rules that have to
00:47:48.920
be enforced. I mean, it's such a common sense thing. Our president puts out, you have success stories
00:47:54.860
like Memphis and Washington DC and all these other cities where the Democrats mayors are in
00:48:01.560
cooperation and they enforce their laws, their, their protesting laws, and they don't get to,
00:48:07.520
you don't get to impede with any law enforcement at all. I mean, this is, you know, back in the day
00:48:13.600
when I get to, I can't even imagine, you know, growing up and going, Hey, you can follow police
00:48:19.740
office around, or you can just tell them, Hey, we're going to block your police car. We're going
00:48:23.880
to block you. This is just, it's beyond, it's not, it's beyond anything I've ever seen.
00:48:32.260
Last night, they destroyed a hotel, broke everybody's windows. I was just, that's right.
00:48:38.300
I was down there last week on, on TV. And you guys, it's a Minnesota needs, they need
00:48:44.480
new leadership and from the, from the top all the way down. And that's another thing, Steve,
00:48:50.160
when I get in, I'm going to surround myself with the best team of people. And, um, you know,
00:48:55.320
just like the president, everybody, they're going, why are you campaigning so early? Well, you know
00:48:59.560
what, right now I'm learning all these different things that we're going to be able to do. This
00:49:03.820
gives plenty of time. And, and, uh, I think you asked me before about, or somebody did on the other
00:49:08.780
show I was on about beating Amy Klobuchar. I remember this all happened under her watch too.
00:49:13.760
This happened under her watch and there's, and, uh, it's just disgusting.
00:49:18.580
Oh no, she's terrible. Hang on, hang on for one second before it was a great pitch. Before
00:49:23.180
we get to the pillows, I want to, we've got a big special announcement here. Joel Pollack
00:49:26.860
joins us. Joel, you're, they've launched, you're launching the California post today,
00:49:31.720
which I take it's the California version of the New York post. You're the editor.
00:49:37.800
I'm the opinion editor and I'm here in the newsroom, which you can see behind me, the sports
00:49:40.780
guys have the office space behind me, which is why they have the sports on the monitor
00:49:45.660
where the opinion desk and over there is the news desk. And it it's, it's super, super exciting
00:49:53.920
here. Just people running around doing stories. It's, it's, it's a fantastic environment.
00:50:00.060
Okay. The New York post is the best tabloid in the country and one of the two or three best in
00:50:04.760
the world, they dominate New York and they've got a huge cultural reach throughout the country.
00:50:09.320
Why would they say, let's launch in California? It seems like California is not a tabloid place.
00:50:18.620
California is the subject of so much of the tabloid journalism. Think about what goes into a
00:50:23.640
page six at the New York post. People are reading about celebrity news. You think about the New York
00:50:27.100
post sports section, which is probably the best section in the newspaper business. And so much
00:50:32.120
of it is covering California sports. Yes. You have your tri-state area sports. You have your SEC,
00:50:39.320
your big 10 and so forth, but there's so much material out here. And plus there's such an
00:50:44.200
underserved market. There are so many people in California who are desperate for an alternative
00:50:49.080
to the traditional mainstream media with the left liberal slant that you get from most publications
00:50:53.720
in California. It's simply having refreshing news first publication that doesn't talk down to the
00:51:00.460
readers, but speaks for the readers with the readers. It's an amazing opportunity. And they've
00:51:05.120
moved in here with a serious investment and they are putting a huge amount of effort into making this
00:51:10.820
successful. And this is launch day. You're seeing it live from the newsroom. So Joel, where did we go?
00:51:16.600
Where do people go? Are you going to do a printed copy? Is this going to be online? Where do people go
00:51:21.540
to find the California version of the post? In fact, we have a print edition and we have these
00:51:33.820
print editions. You think they're going out of style, but they're a lot of fun. And you can find
00:51:38.580
them at newsstands. You can subscribe to them. They'll deliver it to your home, but also at
00:51:43.300
californiapost.com. And you'll find us online there. You can also switch to the California site when you're
00:51:49.360
on the New York site. So it really has become a bi-coastal publication with the New York Post and
00:51:54.740
the California Post. And yes, we do have old-fashioned newsprint. If you want to get your fingers dirty
00:52:00.040
and thumb through the sports section, you know, I got a 10-year-old boy. He's got no interest in news.
00:52:04.700
When you flip the paper over and show him the sports section, he's interested in reading it. So that's
00:52:09.360
how we got him hooked. Well, it's the president's, let's say this, if it's not the president's
00:52:16.360
favorite paper, it's maybe his second favorite paper, but it's one of the first ones he gets
00:52:20.960
to every day, Donald Trump. Joe, where do people, online, where do people get you on social media?
00:52:27.040
californiapost.com. And speaking of the president, we have several exclusives that are out today,
00:52:31.140
right now, with our sit-down interview in the Oval Office. I was there with the president last week,
00:52:36.100
and we've got a massive story coming tomorrow. That is Tuesday, January 27th. So watch
00:52:41.220
californiapost.com. Perfect. We'll get it up in the morning. Joel, thank you very much. Great job.
00:52:51.100
Mike Lindell, I need you to hang around for a second. I'm going to take you through the break,
00:52:55.860
and we'll kick off the next hour, War Room Texas, with you telling us what a great deal we're going
00:53:02.760
to get. People are hungry for this deal, so we'll stick around. War Room Texas, we are packed
00:53:09.700
in the second hour. You just heard Mike Lindell right there. He said the first thing he's going
00:53:14.660
to do is ban Sharia law in the state of Minnesota as governor. Well, this is the thing we're fighting
00:53:21.620
for down in Texas. On March 3rd, it's going to be a ballot initiative, Prop 10 in the primary,
00:53:28.160
to put it on the main ballot of banning Sharia. Don't Sharia my Texas. All next in the War Room.
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