The Alex Jones Show Live - 📈FINANCIAL BOMBSHELL： RUSSIA Increases Gold Purchases 5x!

00:00:00.000 There is way more demand for gold and silver than what the media is letting on, right?

00:00:05.400 So there is a six-to-one ratio right now of central banks purchasing in the second quarter of this year, 288.9 tons of gold.

00:00:18.600 Okay, so keep that number in mind.

00:00:20.260 288.9 tons is purchased.

00:00:22.240 And let's be clear, the governments, the institutions are all buying a hand over fist.

00:00:26.100 We're not telling the public.

00:00:26.940 And why did Russia just increase its future gold purchases fivefold?

00:00:30.960 What does that telegraph?

00:00:32.360 They know currencies are about to go into a major time of change.

00:00:36.140 We'll hit that next segment.

00:00:37.280 We're still three minutes out, but let's get into that now

00:00:39.200 because definitely Trump is trying to build a new monetary system.

00:00:42.700 We'll talk about it next segment.

00:00:43.920 We're definitely, your theory of two years ago is now a reality,

00:00:46.340 but go back to where you are, the institutions, governments,

00:00:49.700 buying gold and silver as fast as they can.

00:00:51.760 As fast as they can.

00:00:53.380 Now, who's selling?

00:00:54.480 So gold ETFs, which would be individual investors like you and me, like buying GLD or SLV or

00:01:00.480 whatever.

00:01:00.820 So the gold ETFs, which is individual investors, 44.8 tons left.

00:01:07.280 What is that?

00:01:08.200 That's individual investors listening to the news, this hot soundbites and saying,

00:01:13.240 gold and silver are done.

00:01:15.180 They're pulling out while at the same time, central banks are buying at a six to one ratio,

00:01:21.420 more buying than there is selling.

00:01:23.900 So if I were an individual investor, which I am, which you are, I would say, what are

00:01:28.620 the central banks doing?

00:01:29.580 They're the policymakers.

00:01:31.240 They're the ones that set the stage.

00:01:33.200 They're the ones that know what's coming with the global monetary order, and they're

00:01:37.380 buying gold.

00:01:38.820 Real-time, uncensored, unstoppable.

00:01:43.480 AlexJonesLive.com.

00:01:45.300 Take a stand.

00:01:46.820 Share the link.

00:01:49.360 Do you want to fight?

00:01:50.560 Do you better believe?

00:01:51.640 You got one!

00:01:52.560 The great economist, Kirk Elliott, joins us, and he's also a sponsor, but that's a side issue.

00:01:58.740 The largest silver and gold brokerage company with the highest ratings in the United States.

00:02:03.000 Where you buy it at wholesale, and we'll obviously plug that as well.

00:02:06.600 But I wanted to get him on about the economy.

00:02:08.740 Boy, are we not vindicated on the Iran war?

00:02:11.780 Are we not vindicated on it all?

00:02:13.080 We now have Trump Jr. privately breaks with his dad,

00:02:16.520 petting on officials ready to spill their guts to impeach

00:02:20.220 Hegseth

00:02:21.260 White House officials worried about Trump

00:02:23.280 frontal lobe dementia

00:02:24.260 First off, Kirk, just as a citizen, as a dad

00:02:26.660 you know, as a husband

00:02:27.800 what do you make of Trump

00:02:30.220 and just the increasingly bizarre statements

00:02:33.860 I'm really worried about him

00:02:35.680 like Laura Ingraham and Bill O'Reilly and others have said

00:02:39.840 you need to take a break

00:02:40.800 I'm really worried about the president

00:02:42.400 and I say that not to get him 25th amended

00:02:44.620 I said, if he tries to launch a nuclear war, we should.

00:02:47.980 I'm worried about him taking a break.

00:02:50.460 Kirk Kelly, your take, just big picture on Trump.

00:02:53.640 We all need to take a break, right?

00:02:55.660 It's like, imagine being the president and living under 24-7, just constant barrage of mayhem and global conflict and wars and just the constant media attention and the barrage against you and your family, right?

00:03:13.220 you you start to just i mean for me at least and i know it's probably the same for you and probably

00:03:19.480 the same for him um sometimes we just need to take a break because we start saying and thinking goofy

00:03:25.980 things right um i mean there's been a lot of snapshots and i don't want to put myself in his

00:03:31.660 shoes right but when you hear sound bites of you know everybody in iran is going to die right it's

00:03:38.280 like okay that's that's not good nobody wants war nobody wants this to keep going on um i'm

00:03:45.620 well even if you're gonna nuke iran i'm not when i do these war games folks i'm not endorsing

00:03:49.500 nuking iran i'm saying even if you're evil and gonna nuke iran you do a false flag or you say 0.84

00:03:55.180 they were firing missiles you don't say i'm getting ready to turn you an orange crater 0.99

00:03:59.020 all of your people will die never return i'm gonna and then tune into mark levin and i mark 0.54

00:04:03.780 it's like sir use the nukes do it like you don't like it's literally if you're even going to do

00:04:08.780 the horrible evil thing you don't tee it up and i don't bring that up to defend how he did it

00:04:12.900 i'm saying it shows the mental breakdown that literally i don't care about any american's 0.99

00:04:18.140 economic peril i don't care about medicare medicaid look at that dude's delicious ass 0.99

00:04:22.500 oh my god it's so juicy what is going on here i mean you you look back at you know i'll go back 0.99

00:04:29.640 to my theology degree, right? Even God took the seventh day off, right? He created the earth. He

00:04:36.180 created the universe, and he took the seventh day off. This is why he wants us to have a Sabbath. 0.51

00:04:41.240 Why? So we can refresh, so we can get rid of the noise, so we can make wise decisions, so we can

00:04:48.180 reboot. Hear his voice more clearly, right? It's like, this is why you and I take breaks. This is

00:04:53.880 why we take vacations. This is why we need a mental reboot sometime. I can't imagine being

00:04:59.360 the president of the United States, never having one of those.

00:05:03.580 You're never off.

00:05:03.900 And it's not because we're lazy.

00:05:05.420 We're totally engaged.

00:05:06.860 Everything is like, I mean, I'd slurp up info better than ever.

00:05:09.740 My brain, but the problem is, is that that level is just unsustainable.

00:05:13.980 You got to sometimes just cool the engines.

00:05:16.840 You have to.

00:05:17.820 I'll say that's really smart of Judaism.

00:05:19.580 Judaism has people wanted to bash it all day.

00:05:21.620 And I'm mad at bad elements of it. 0.51

00:05:23.960 Great power comes great responsibility and abuse of it.

00:05:26.120 As Lord Acton said, great power, you know.

00:05:29.360 Tom's great responsibility, but also power corrupts, absolute power corrupts, absolutely.

00:05:33.120 The Sabbath is an incredibly great idea.

00:05:35.660 I'm not endorsing it on Saturday, Sunday, whenever.

00:05:38.060 Maybe do it on Tuesday.

00:05:39.280 The point is, people do need to have a day where they just don't do anything.

00:05:43.280 Yeah, one day a week, have a break.

00:05:44.840 If God did it for himself on the seventh day he rested, we're not God, right?

00:05:51.860 We're way, way different and worse, right?

00:05:55.580 So we need that break for, for just mental freshness or else we're going to start making

00:06:01.680 bad and goofy decisions.

00:06:04.080 That's it.

00:06:04.620 I mean, God's literally telling us, obviously he doesn't need to take a break.

00:06:06.920 He's showing us by example.

00:06:08.280 I just built the universe, built the planet, created the waters, created the animals, created

00:06:11.820 you.

00:06:12.600 Now I'm going to chill for a day.

00:06:16.120 Yeah.

00:06:17.080 I mean, here's the thing, Alex, you and I would be absolutely no different.

00:06:21.400 we would start saying irrational, weird, crazy things if our brains never were able to take a

00:06:28.440 rest because we get consumed by the noise. We just get consumed by it. And God wants us refreshed

00:06:35.840 so we can hear his voice better and make more clear decisions.

00:06:39.420 Well, especially once you get wisdom and knowledge, as I get older, I know stuff a lot better. I've

00:06:44.600 got so much knowledge now, but like any little factoid, I suddenly go way deep into and have this 0.68

00:06:49.240 huge understanding but then like it's almost good to be dumb because things are so simple for them

00:06:55.960 once you're smart and informed everything is so big it's so complex that's why the more knowledge 0.76

00:07:01.940 you get you more than ever have got to have turn the engine off and look at nothing because it's

00:07:07.160 an assault when you're when you are informed it is and it's hard to shut off i i know it's it's

00:07:15.840 hard for me to shut off it's hard for you to shut off because we live in a world where news dictates

00:07:21.040 our lives right we have to get news out there we have to make wise decisions like with our

00:07:26.180 clients portfolios and everything else it really is is hard to shut off but you have to make that

00:07:31.120 conscience decision to do so well you you know what i know i gotta take a break i always have

00:07:36.800 dreams about work but when i go to bed for six seven hours and it's nothing but literal work

00:07:41.560 real work obsessing and i wake up exhausted that's been happening for like two weeks straight

00:07:46.740 i mean last night i went to bed for like six seven hours i woke up like my god i feel like

00:07:51.580 i just worked 10 years i mean it was nothing but work in my sleep that's when i know okay

00:07:56.220 until i gotta take off a week because imagine trump at 80 i mean this is crazy yeah it's crazy

00:08:05.140 It's hard

00:08:06.220 You never want to make excuses for anything

00:08:11.460 But I understand why some of these statements

00:08:14.600 Start to sound a little bit irrational

00:08:16.680 Because he's said for years

00:08:18.980 Alex, you and I have both heard it

00:08:20.400 Everybody's heard it

00:08:21.220 He has the energy of the Energizer Bunny

00:08:24.460 And only needs a few hours of sleep a night

00:08:26.620 Ultimately that takes a toll

00:08:28.380 On your body

00:08:30.180 On your mind, your will, your emotions

00:08:32.120 Your soul, your spirit, all of it

00:08:35.140 Well, I know what's happening.

00:08:36.380 I don't know if this is how it is for you, but a lot of type A personalities I know.

00:08:39.460 If I've got to perform, I can keep doing it, but then I start working even harder and more.

00:08:43.920 Then I see, though, the aggressiveness and then weird craziness coming up.

00:08:48.780 And it starts, and that's why I'm like, whoa, I can't do this.

00:08:52.780 Yeah.

00:08:53.900 I'm the same way.

00:08:55.560 Yeah.

00:08:57.000 You know you're in a bad spot, Alex, when you start dreaming about work.

00:09:00.680 You're at work during the day, and you're at work at night.

00:09:02.960 It's just like.

00:09:03.720 well the police and military will tell you this that if there's like week-long riots you can give

00:09:08.700 the cops double triple time they don't want to do it because two three days cops no sleep firefighters 0.99

00:09:13.340 no sleep they start killing people because they just get sick of the bullshit you know you ain't 0.99

00:09:18.740 slept in two days and somebody throws a mall off cocktail you're just gonna gun them down 0.99

00:09:22.020 and and you know the point is there's the restraint is gone yeah yeah i mean it is like when people

00:09:30.680 are questioning each other like at Guantanamo or whatever. What's the one thing that they do?

00:09:35.100 Sleep deprivation. You start making poor decisions. You start spilling the beans. You start doing

00:09:41.400 things that you wish you wouldn't have had because you don't operate on God's wisdom that you get

00:09:46.160 during times of peace. You're operating on your own wisdom. And when your own wisdom is really

00:09:50.660 tired, it's not wisdom at all. It's going to start making mistakes. So you agree with me? There needs

00:09:55.800 to be an intervention if it can be done. He needs to go play golf. He needs to take a vacation.

00:10:00.680 At least four.

00:10:01.620 He's got it.

00:10:02.460 I mean, Bill O'Reilly, all his friends are telling him that I've had dinner with him.

00:10:05.040 They say he's in bad shape.

00:10:07.520 Yeah, I would say he needs a vacation.

00:10:10.620 He needs some time off.

00:10:12.200 And, you know, there's going to be the naysayers that he doesn't, he can't have a vacation.

00:10:16.420 He's the president of the United States.

00:10:17.480 He always has to be on.

00:10:18.500 It's like, no, we all need time of rest and peace to hear God's voice clearly.

00:10:26.180 Well, the media will spin this, and I'm, you know, saying Trump's incognizant has got to be removed.

00:10:30.280 That's not what I'm saying.

00:10:31.580 They took it out of context when I said if he does nuke people or about to nuke, we've got to remove him.

00:10:35.540 That's illegal. 0.92

00:10:36.680 But, you know, hopefully it's good news on the Russia deal. 0.86

00:10:39.080 You see where Zelensky has agreed to give 25 percent of Ukraine, which we always knew was going to happen, ahead of a total Russian invasion. 0.60

00:10:44.820 And it looks like Trump's finally got a deal.

00:10:46.740 We're pretty close here.

00:10:48.860 Yeah.

00:10:49.760 Awesome. 0.98

00:10:50.120 I mean, we need some of these wars. 0.98

00:10:54.080 We need Russia to end.

00:10:55.500 We need Iran to end because these inflationary pressures that come from that are just being detrimental and devastating to every U.S. citizen, right, with higher interest rates and the higher prices and people can't afford to live.

00:11:11.660 A lot of that comes because of war. 0.96

00:11:14.300 Don't mistake that Russia is a massive oil supplier to the world, just like the Middle East is.

00:11:22.300 And so when you have conflict in those regions, no wonder it's part of the reason we have so much inflation and why there's all this talk about inflation.

00:11:31.720 And the more I Google search, it's like, Alex, it's not just you and I that have been talking about this.

00:11:37.240 Now, everybody seems to be asking about inflation and what it's going to mean.

00:11:40.880 But I can take you on the show two and a half years ago saying Trump's going to get reelected.

00:11:45.740 He's got a great policy.

00:11:47.200 But if he goes to war with Iran, that could derail the whole thing.

00:11:50.000 We're now how many days into this war? 0.58

00:11:51.820 I mean, baked in, this is a disaster.

00:11:54.720 Let's start talking about that.

00:11:56.420 Gold and silver rebound on support levels, as you predicted.

00:12:00.560 First, computation for silver crisis at LBMA.

00:12:06.200 Russia to increase gold purchasing 5x.

00:12:09.600 I mean, this is incredible.

00:12:11.160 Trump EO allowing alternative assets and 401ks.

00:12:15.460 How big is that?

00:12:16.680 29k jobs missed by 55k.

00:12:18.620 Let's start running through this, Kirk Elliott, as an economist, the latest.

00:12:22.400 Yeah, I mean, we can talk.

00:12:24.780 So let's just talk about the first thing, which is going to be this gold inflation paradox, right?

00:12:33.020 So last week, these hot CPI numbers came out, 3.7%.

00:12:38.360 Like, it's like, okay, this is pretty hot.

00:12:40.780 So what happened?

00:12:41.880 the federal hike odds surged to 53.7% that they're going to have to raise interest rates

00:12:48.280 again real soon to slow down this inflation. So gold dropped 1.5% that day because of this

00:12:56.980 now propensity that they're going to have to raise rates. What happened the next day?

00:13:02.360 The noise was over, right? This is the meaning of rest that we were just talking about.

00:13:08.280 and the noise dissipated and people thought oh wow there's actually real supply and demand

00:13:13.560 discrepancies here and gold pops up again see people when when you have time to think the

00:13:18.920 markets react the same way too they stop listening to the knee-jerk reaction story quantify that it's

00:13:24.540 like claiming oil's 80 a barrel but it's really 110 on the market gold is selling and silver

00:13:30.360 selling for way more than what the ai claims it is that level of bs can only last so long

00:13:35.580 it can only last for so long and now here's here's the problem with the physical markets

00:13:40.580 um even here in america everything goes through london right so lbma which is the the london

00:13:47.900 bullion market association it's it's where gold and silver are purchased physical gold and silver

00:13:52.900 not talking about the paper futures contracts at comex and everything else it goes through london

00:13:58.200 now london is in the middle of a huge massive lawsuit because of some mining operations and

00:14:04.220 a couple of miners that got killed in Africa. And now somebody is blaming London and bringing

00:14:09.720 them into this lawsuit. Who is that somebody? I don't know. I could speculate all day long,

00:14:14.320 but I bet it's China. Why do I say that? Because if everything goes through London,

00:14:20.080 who stands to benefit from London being out of the picture? The United States and China.

00:14:27.980 Why China? Well, because they're building a depository network in Shanghai and Hong Kong

00:14:33.680 in the United Arab Emirates to basically be the depository trading, gold trading capital of the

00:14:40.440 world, right? The default would be the United States because we've got CME, we've got COMEX,

00:14:45.800 you know, we're basically London 2.0. But here's the problem. The world doesn't trust the United

00:14:52.760 States to be the custodian of metals anymore. So country after country after country, whether

00:14:57.940 it's poland or germany or or uh india they're repatriating their gold moving it out of new york

00:15:06.320 right but it's some of it's going to london some of it's just going all the way over to asia right

00:15:11.080 so this is a big deal the super big deal so um now we've got this happening if that happens

00:15:19.020 what is this what is this shaping up to be this is shaping up to be december in january all over

00:15:26.440 again. Because what was that all about when silver went from 70 to 120 in six weeks? When gold

00:15:32.300 exploded, it was low inventory in London. The lease rates in America went through the roof

00:15:39.520 and investors couldn't get what they wanted, right? So we're shaping up for a massive upleg

00:15:47.280 here. But here's something else that I want to go over because there is way more demand for gold

00:15:54.340 and silver than what the media is is letting on right so these so there is a six to one ratio

00:16:01.040 right now of central banks purchasing in the in the second quarter of this year 288.9 tons of gold

00:16:10.380 okay so keep that number in mind 288.9 tons is purchased and let's be clear the governments the

00:16:15.820 institutions are all buying a hand over fist we're not telling the public and why did russia just

00:16:20.140 increase its future gold purchases five fold what is that telegraph they know currencies are about

00:16:26.320 to go into a major time of change we'll hit that next segment we're still three minutes out but

00:16:30.580 let's get into that now because definitely trump is trying to build a new monetary system we'll

00:16:35.220 talk about it next segment we're definitely your theory of two years ago is not a reality but

00:16:38.840 go back to where you are the institutions governments buying gold and silver as fast as

00:16:43.220 they can. As fast as they can. Now, who's selling? So gold ETFs, which would be individual investors

00:16:50.220 like you and me, like buying GLD or SLV or whatever. So the gold ETFs, which is individual

00:16:55.520 investors, 44.8 tons left. What is that? That's individual investors listening to the news,

00:17:04.080 this hot soundbites and saying, gold and silver are done. They're pulling out while at the same

00:17:09.200 time, central banks are buying at a six to one ratio, more buying than there is selling.

00:17:16.260 So if I were an individual investor, which I am, which you are, I would say, what are the central

00:17:21.300 banks doing? They're the policymakers. They're the ones that set the stage. They're the ones

00:17:26.340 that know what's coming with the global monetary order, and they're buying gold. And individual

00:17:31.580 investors are looking at this consolidation over the last six months and saying, I think I need to

00:17:37.420 get out i'm listening to the news and i'm kind of scared and these central bankers are saying

00:17:41.720 these individual investors are selling out the price is coming down we're buying on the dip

00:17:46.920 that's what central bankers have been doing because they know what's coming next yeah i mean and here

00:17:53.020 we are pitching gold and silver like i only pitch what i believe in folks and they've been suppressing

00:17:58.080 it as you said when these wars end which is starting to happen it's going to explode and

00:18:02.000 Then we were on to the races, whatever else we're going to deal with.

00:18:05.640 We're literally handing out free watermelon and iced tea in hell.

00:18:11.960 I mean, everybody should be in gold and silver now.

00:18:14.420 And they should go who has the highest ratings, that's you, at wholesale.

00:18:17.580 It's not rocket science.

00:18:18.600 Everybody makes it so complex.

00:18:20.280 They should be getting into it right now.

00:18:22.220 We're going to go to break.

00:18:23.120 I want you to do a pitch when we come back because you never pitch it.

00:18:25.260 You are a sponsor.

00:18:26.140 It's two deals.

00:18:26.500 He's here as an economist, really smart, incredible, accurate predictions,

00:18:29.940 but also is a sponsor at KEPM.com forward slash gold.

00:18:34.320 You go to forward slash gold.

00:18:35.600 They know it came from here, so he supports the show more.

00:18:38.600 KEPM.com forward slash gold.

00:18:41.300 Or you can also put the number up there on screen so folks can call,

00:18:46.820 get a free consultation if there's any problem.

00:18:49.420 And I've literally told Kirk this because I always check on my sponsors.

00:18:53.280 It's such low pressure that you have to basically demand

00:18:56.180 that they sell you gold and silver.

00:18:58.360 It's actually, which I guess is good, but just the point is,

00:19:01.820 they can also roll over financial instruments,

00:19:05.360 KPM.com forward slash gold 720-605-3900.

00:19:10.400 And you can't lose, folks, because whether it goes up or down,

00:19:15.460 you've got something real.

00:19:16.920 And in the future, the globalists are doing nothing but buying up real assets,

00:19:19.860 farmland, gold, silver.

00:19:21.460 Real stuff is the future in this hyperinflationary bubble.

00:19:25.200 That's not rocket science.

00:19:26.520 That is 100% what's happening.

00:19:28.560 Go to kpm.com forward slash gold.

00:19:30.540 We'll be right back.

00:19:30.980 Stay with us.

00:19:38.000 Discover trends and global developments years before they happen right here on The Alex Jones Show.

00:19:56.520 look i'm not a hypocrite whenever i start really having control issues because normally somebody

00:20:18.880 flips me off the red light i don't care normally i got stress i can handle it when i start like

00:20:22.760 literally thinking about killing somebody with my bare hands,

00:20:25.480 I'm taking a week off next week because I'm that stressed out

00:20:28.780 that when I start literally going, like, okay, well, that's not good.

00:20:33.380 You're taking a break.

00:20:34.520 The race car is going to pull over, turn off the engine, get new oil,

00:20:38.380 get new gas, get tuned up, get checked, just relax,

00:20:41.740 go sit out in the backyard and watch the leaves blow around

00:20:46.160 and maybe go, you know, watch some old 50s corny movie.

00:20:50.400 you know the more the more mindless the better we've got those of us that fight tyranny we're

00:20:56.120 not like the leftists and people that never take responsibility and always shirk responsibility and

00:21:01.180 those of us that want responsibility we have to understand we're the other extreme of lazies

00:21:05.600 we work too hard like a horse that all these there's all these breeds of Clydesdales you know

00:21:10.220 Clydesdale will pull coal or whatever or it's mining out of a you know mine those horses will

00:21:18.340 Pull coal out for two, three days straight until they die of heart attacks.

00:21:23.040 They will work until they die.

00:21:26.720 Just like the famous sled dogs that also hauled coal out in England.

00:21:30.720 They will work until they die.

00:21:33.300 And that's President Trump.

00:21:34.540 That's why we should pray for him. 0.97

00:21:35.880 Even the left's like, good, he's screwed up.

00:21:37.600 Let him go great.

00:21:38.500 No, he's got the nuclear weapons, folks.

00:21:40.820 Whether you love Trump or hate him or are neutral on it and upset about stuff he's done, I get it.

00:21:46.080 He's the president the next two years.

00:21:48.340 We need an intervention right now.

00:21:50.080 I just want to say that yet again, ladies and gentlemen,

00:21:52.660 because I can't imagine the stress levels he's pushed through

00:21:55.940 to keep doing what he's doing and what his mind must be like.

00:21:59.540 Because every man has a breaking point.

00:22:01.420 I have one, you have one, and Trump is getting very close to his,

00:22:05.700 and we don't want to get there.

00:22:06.600 Back to Dr. Kirk Elliott.

00:22:07.960 So epic level what's happening just baked into silver

00:22:14.740 for all the industrial uses and batteries and the rest of it.

00:22:18.340 I'm surprised they've been able to suppress it this long,

00:22:20.860 but you keep predicting, your predictions always come true,

00:22:23.460 that as soon as these wars start to cool down, that's why it explodes.

00:22:27.720 I'm not a smart economist like you.

00:22:29.500 I would think uncertainty would push gold and silver.

00:22:31.500 It normally does.

00:22:32.580 But how has this uncertainty been suppressing it artificially

00:22:35.860 while the institutions grab it with both fists?

00:22:39.240 Well, uncertainty, conflict, everything that we're seeing

00:22:42.400 usually causes gold and silver to go up.

00:22:44.240 This time it's so much different because what's the number

00:22:48.260 one commodity that's being affected because of this uncertainty it's oil and everybody on earth

00:22:53.120 uses oil right so as the price of oil goes up you know it's jacked up to 110 so that makes it the

00:22:59.020 focus energy is the focus energy is the focus because of where this conflict is right so so

00:23:05.820 normally in a normal world turbulence chaos uncertainty all of that would cause gold and

00:23:11.900 silver to go up there's that that push for that to happen but yet the the narrative has been but

00:23:18.240 this this high price oil and we have to raise interest rates to take care of that that generally

00:23:23.060 causes gold and silver to come down why because in in a in a world where you're listening to the

00:23:28.960 sound bites of of the cnbcs of the world it's like it yields are up that means people that 0.63

00:23:35.520 there's going to be more demand for bonds because people get a higher yield it's like that is such

00:23:40.660 a crazy dumb thing for people to actually focus on because with yields at five percent let's say

00:23:47.960 inflation unofficially is over ten percent you're still losing money right and and when they say 0.94

00:23:53.720 well it's like well people that have savings accounts are finally going to make more it's

00:23:56.880 like only 2.8 percent of america has savings accounts but people who have debt is like 100

00:24:02.400 percent of america they're focused on the wrong thing interest rates going up are not good right

00:24:08.360 But this is why when this conflict ends, I think gold and silver absolutely soar, right?

00:24:14.360 And it's like, so let me just say, Nixon took us off the gold window.

00:24:20.280 He closed the gold window completely in 1971, right?

00:24:23.800 So now we're basically a completely fiat-based currency, right?

00:24:28.060 So what's happened to currencies all over the world, not just the U.S. dollar?

00:24:33.760 Since 1971, the U.S. dollar has lost 87% of its value.

00:24:38.900 You had a dollar in your back pocket.

00:24:40.660 I was born in 1970.

00:24:45.060 So when I was one year old, my grandma gave me a dollar,

00:24:47.960 and I still had it in my pocket.

00:24:49.340 It's only worth 13 cents today.

00:24:51.880 See, that's how much it's eroded.

00:24:53.480 Every country around the globe, the best currency has been the Swiss franc.

00:24:59.820 It's down 66% since 71.

00:25:03.300 And so people, the naysayers, will say, well, Kirk, gold and silver, all they're responding

00:25:08.060 to is a devaluing dollar.

00:25:09.720 Well, that's not true, or else it wouldn't be up as much.

00:25:13.960 So how much is gold and silver up since 1971?

00:25:18.920 This is a surprising answer.

00:25:21.360 Realize, the dollar's down 87%, right?

00:25:24.500 Or 83%.

00:25:25.380 So silver was $1.80 in 1971.

00:25:30.720 Today, it's 58.

00:25:32.300 that's up 3 268 the dollar didn't come down that much and gold even better gold is 43 98

00:25:42.240 an ounce 43 dollars and 98 cents in december of 71 nixon signed that order in august gold is up

00:25:51.420 9 378 don't tell me that gold and silver are just a perfect inflationary hedge and they go up as the

00:25:59.800 dollar comes down there's excess demand because people want something that's real well let's

00:26:05.920 expand on that and closing on this topic i want to actually have this other other thing that ties

00:26:09.820 into it it's on record that jp morgan goldman sachs the chinese the russians the university

00:26:16.200 of texas are all doing record purchases of gold and silver mainly gold because that's a

00:26:21.800 bigger commodity they can't even get enough silver if they wanted it

00:26:25.220 And so it's a no-brainer

00:26:28.440 The institutions are in there getting it

00:26:31.180 Thank God the general public hasn't figured it out yet

00:26:34.220 Because if you look at the facts

00:26:36.800 I feel like it's going to just absolutely explode

00:26:38.620 But briefly, what are the numbers?

00:26:40.920 I had them a few weeks ago

00:26:42.200 Like what is Goldman Sachs, JP Morgan

00:26:43.840 Aren't they predicting like skyrocketing gold and silver?

00:26:46.780 Yeah, so they predicted triple digits

00:26:50.000 By the end of the year for silver

00:26:51.660 And $4,900 at the end of the year for gold

00:26:54.520 I mean, we're nearing the end of October

00:26:58.580 But even if they're wrong about when it happens

00:27:02.340 The point is, they see all the market issues

00:27:04.980 If they're early, it doesn't matter

00:27:07.520 It's so common sense

00:27:09.280 Yeah, they see the supply and demand discrepancies

00:27:13.920 Now, this is why I've been such a huge proponent of silver

00:27:17.660 Because gold, when you think about it, Alex

00:27:20.040 It doesn't diminish

00:27:21.940 It doesn't go away

00:27:24.120 right it just changes hands so one central bank to another central bank to a hedge fund it just

00:27:29.700 never goes away silver is a consumable it's used up you know once it's gone into an electronics

00:27:36.500 and there's flat screen tv here in my office and then i throw that thing away the silver is gone

00:27:41.580 it's not just that it changed hands it's a depleting asset so when you look at the numbers

00:27:47.060 that were published last week,

00:27:49.400 silver has five years left until it's gone.

00:27:53.380 Five years.

00:27:54.120 Now, what is that measuring?

00:27:55.440 The amount of silver coming out of the mines

00:27:57.380 versus the current demand.

00:27:58.960 It doesn't include all of the silver

00:28:00.920 that's already out of the ground,

00:28:02.280 but we've already had six years in a row

00:28:05.180 of not enough ounces coming out of the ground

00:28:07.960 to meet demand.

00:28:09.000 Yeah, yeah.

00:28:09.820 It's a no-brainer.

00:28:10.980 It's guaranteed,

00:28:11.820 especially with industrial use for everything.

00:28:13.680 Silver more than gold, I agree, is the pure bet.

00:28:15.760 It's the best bet in the world right now

00:28:17.120 other than the relationship with Jesus Christ

00:28:18.440 and trust and love in your mother's eyes.

00:28:20.420 In closing, I know you've got to go.

00:28:22.240 What about this graphic you sent me?

00:28:24.640 Historic team, a new monetary system.

00:28:27.300 You've been saying this for three or four years.

00:28:29.160 Now they're admitting that's the plan.

00:28:30.760 I hope the plan works so the U.S. remains dominant

00:28:34.140 because all we've got basically is the dollar 0.88

00:28:35.920 and our military.

00:28:37.680 This is a great infographic.

00:28:39.420 Describe to listeners what's happening here.

00:28:42.660 The biggest thing on this dream team

00:28:45.260 You know, Trump is the visionary behind it.

00:28:47.660 Scott Bessent, you know, he's been saying, well, we have to have the Treasury intervene

00:28:52.340 and buy U.S. Treasuries as the rest of the world is dumping them.

00:28:55.820 Double Treasury operations, this is problem.

00:28:57.900 This is inflation.

00:28:59.160 So now what does he do?

00:29:01.160 He hires Judy Shelton, who's the number one, literally most well-known hard asset, sound

00:29:10.340 money proponent on earth, right, to actually come in and be his top advisor. Does he know what she

00:29:17.460 thinks about gold? Yep. Does Trump know what she thinks about gold? Yep. So, but yet they still

00:29:23.140 hired her. Why? Because they have to compete with China, who's building up a depository system,

00:29:29.060 amounting masses amount of gold. And so now the fact that she has entered the scene tells me 0.84

00:29:35.620 they're thinking about sound money again because what is even scott percent knows that this well

00:29:41.680 we know russia and china as you predicted years ago are now saying they're looking at a basket

00:29:45.760 of commodities gold silver uh oil to prop up their currencies as well so they they see the

00:29:52.880 writing on the wall trump always wants to be first to do it it's absolutely true and so what is judy

00:29:58.680 shelton's idea this is so important it's a treasury trust bond where it's not the currency that's

00:30:05.120 backed by gold. It's the US treasuries that are backed by gold. And upon redemption, the people

00:30:11.240 will have a choice. This is her idea to either take redemption and fiat money or gold. Now,

00:30:17.200 let me explain real quick how this works, because this is so cool. So it would be a zero coupon bond,

00:30:24.520 right? Meaning you have a million dollar face value bond and you buy it at a discount. You buy

00:30:29.900 it for, let's say, $750,000. Now, when it expires 50 years from now, you get your million, but you

00:30:36.300 only paid $750,000 for it. So let's say today's price, $4,000 gold. I'm just rounding. So if you

00:30:44.060 had a million dollars, that gets you 250 ounces of gold backing this bond. Now let's go to maturity.

00:30:50.800 Let's say that gold came down and it were $3,000 an ounce instead of $4,000. What would people say?

00:30:57.160 we want our paper dollars we'll just take the million dollars in paper dollars we don't want

00:31:01.440 the gold because it's worth less but what if gold goes to six thousand dollars and you have 250

00:31:07.220 ounces of it that means your million dollar bond now you can redeem for ounces of gold what's worth

00:31:13.620 1.5 million now do i think for a second that gold is going to be six thousand dollars an ounce 50

00:31:20.600 years from now? No, probably going to be $70,000 an ounce 50 years from now, right? So what Judy

00:31:28.120 Shelton is doing is saying, we want to shore up our treasuries to bring in demand from other

00:31:35.460 countries again by having a gold-backed treasury where people can have gold backing their paper

00:31:42.520 bond. I mean, this is absolutely fascinating. What's even more fascinating is Scott Besant

00:31:49.500 hired her to be his number one advisor

00:31:53.580 on this issue to compete with China. Alex, this is

00:31:57.320 great news for everybody that's holding gold and silver that they're

00:32:01.280 actually starting to think in terms of sound money

00:32:05.120 moving forward. That one thing could shore up the U.S. dollar.

00:32:10.640 It's like that's where this is going now. This is crazy.

00:32:14.100 Yeah. All right. People should go to your site

00:32:17.260 right now kepm.com forward slash gold you can roll over financial instruments you name it

00:32:22.120 to me this is only steer listeners and what i believe is the best place to go to me it's a

00:32:27.740 no-brainer people should look at what's happening right now even though gold and silver is up

00:32:30.940 as a buying opportunity compared to what is going to happen and what is baked in it's that simple

00:32:36.180 kepm.com forward slash gold 720-605-3900 thank you so much dr kirk elliott you bet bye-bye

00:32:43.800 Buy gold and silver bullion at wholesale.

00:32:46.880 You can look every day at what the price is.

00:32:48.400 I mean, what's wholesale gold and silver?

00:32:49.820 And then you get it from them with a little processing fee,

00:32:52.800 and then they buy it back for nothing with no cost.

00:32:55.180 That's unprecedented.

00:32:56.300 It's so easy.

00:32:57.740 They're the real deal, folks.

00:32:59.160 You want to get in there.

00:33:00.160 You want to get a consultation.

00:33:01.600 Financial insurance, you want to roll over.

00:33:02.720 But just spot price, price of the metal in the ground.

00:33:06.120 Miners haven't even touched it yet.

00:33:07.640 Then they pull the metal out of the ground. 0.57

00:33:09.500 They dig their tunnels.

00:33:10.320 They drive it to the refinery.

00:33:11.280 They melt it down, make it into a coin or a bar.

00:33:13.180 that's wholesale we charge eight percent on top of wholesale when you liquidate we charge zero

00:33:18.380 see all all dealers around the country are getting at wholesale so then why are some people charging

00:33:25.220 200 over over spot because it's commission i mean it's it's insane i have these companies i had

00:33:31.400 them laugh at me last week they go look we're not ripping people off we're doing 40 that's standard

00:33:35.500 come on man two and a half million right now a month and i'm just like they said i'm not doing

00:33:40.460 and just laughed at me.

00:33:42.040 Well, hey, you go ahead and act like that.

00:33:43.600 You go ahead and behave like that.

00:33:45.720 I mean, that's how they can afford

00:33:46.700 to pay $2.5 million a month.

00:33:48.840 I mean, it's insane.

00:33:50.440 So these companies,

00:33:51.240 if you ever see a collectible, a commemorative,

00:33:54.840 and you talked about it early on,

00:33:56.500 it's like you have that for a fundraiser,

00:33:59.280 for the voice of freedom,

00:34:01.500 but don't invest in that.

00:34:03.340 It doesn't have a good ending.

00:34:04.680 I don't know how these people sleep at night.

00:34:06.720 It's like bank robbing.

00:34:07.720 I could not do that to my listeners.

00:34:10.460 I mean, I couldn't either, and if anybody wants to read about the intricacies of that,

00:34:15.480 Dale Whitaker wrote a great book called The Gold Grift.

00:34:17.900 It's fantastic. It explains all of it.

00:34:20.000 So that's why bullion is so important.

00:34:21.500 It's 100% liquid because it's a global commodity used for manufacturing.

00:34:25.120 You press a button, you sell it, and we don't charge anything when you liquidate it.

00:34:28.700 You could do that in an IRA.

00:34:30.780 You could do that with an old 401k.

00:34:32.480 You could do it with a current 401k as long as you're 59 1⁄2 and just roll it into an IRA.

00:34:36.880 People need to call you right now, Dr. Elliott.

00:34:39.460 Now is the time.

00:34:40.320 Thank you so much, and God bless you for the incredible information.

The Alex Jones Show Live - October 21, 2026

📈FINANCIAL BOMBSHELL： RUSSIA Increases Gold Purchases 5x!

Episode Stats

Transcript