The Alex Jones Show Live - June 11, 2026


POWERFUL INFO： ＂Inflation MATTERS— They Are Not Going To Lower Interest Rates!＂


Episode Stats


Length

28 minutes

Words per minute

187.24

Word count

5,333

Sentence count

227

Harmful content

Toxicity

1

sentences flagged

Hate speech

13

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Inflation matters.
00:00:11.000 I mean, I don't know how else to say it really matters because it is going to impact interest rates, not just here domestically, but globally.
00:00:19.620 Right. And so, Alex, just a few days ago, consumer prices number came out up 4.2 percent in May.
00:00:30.000 This is the most inflation has risen in over three years.
00:00:34.400 Not a good time to have inflation, right?
00:00:37.380 Now, a lot of that's because of the price of oil and the surrounding conflict and everything else.
00:00:41.640 But Alex, central bankers don't get it.
00:00:44.800 They are so wrong so much of the time, right?
00:00:49.020 So I was just doing some research, you know, a couple of days ago, put this together, right?
00:00:53.780 So central banks around the world use a monetary system called inflation targeting monetary policy where they target where they want inflation to be.
00:01:05.200 If it's greater than that number, they have to raise rates to slow it down.
00:01:10.540 If it's lower than that number, well, then, you know, then the economy is cooking, right?
00:01:15.280 So here's where where is inflation compared to their target in the United States?
00:01:19.920 Fed, 2% inflation target
00:01:22.720 What is it in reality? 3.8%
00:01:25.480 So what does that mean? That's not a 1.8% difference
00:01:29.680 Literally, going from 2 to 4 is doubling
00:01:32.920 Well I was about to say consumer price rose 4.2
00:01:36.140 And we know that's even cooked down from what it is
00:01:37.880 But what about this as you predicted
00:01:39.420 Trump went through hell to get a new Fed share
00:01:41.660 We knew he had to have interest rates cut
00:01:43.360 Now they froze them, now they're saying they're going up as you predicted months ago
00:01:46.560 And here it is, ECB, European Central Bank
00:01:49.780 hikes interest rates for the first time since 2023 as iran war ramps up energy costs they're
00:01:55.320 having to do it now so this is happening and but trump says he loves it we know that's sarcastic
00:02:00.440 but he didn't even explain that people take what he says as if it's the word of god kirk
00:02:04.360 i don't love inflation because it it actually impacts all of us and everything that we spend
00:02:09.940 and we can't spend as much because everything's higher priced companies are going to have to lay
00:02:14.500 off people which is what we talked about on the last show that we did all these massive layoffs
00:02:18.760 So with the United States Fed, they're 90% wrong.
00:02:24.340 They're 90% off on their inflation projection.
00:02:27.120 It's really 3.8, and they said 2.
00:02:29.060 The euro, they're 60% wrong.
00:02:31.820 UK, 40% wrong.
00:02:33.400 Russia, 40% wrong.
00:02:34.860 Brazil, 47% wrong.
00:02:36.920 What does that mean?
00:02:38.320 When inflation is higher than your target, they are not going to lower interest rates, Alex.
00:02:48.760 all right he's just joining us for 22 minutes
00:02:52.620 and then when he leaves us i'm going to hit all this other news because i just spent most
00:02:58.800 last hour on iran because it's such a big deal and again i need trump to succeed i want trump
00:03:05.480 to succeed when he makes statements like i don't care about the average american's economic
00:03:10.220 peril i don't care about medicare medicaid uh we're a war economy now and then and then today
00:03:17.820 We already played the clip.
00:03:18.940 We'll play it again.
00:03:20.120 We played it in context last hour, but I'm just going to play the short clips now for time.
00:03:25.600 He said, are you worried about inflation?
00:03:28.880 Oh, I love inflation because we grabbed 20 other ships.
00:03:35.660 And we're not even sure that number is accurate, but they're all super tankers.
00:03:39.340 That doesn't even match what was taken out of the strategic oil reserve.
00:03:42.840 And we'll talk to an economist in a moment.
00:03:44.560 There's so many factors to put in, but does that, does 20 tankers do anything to the overall baked-in inflation and uncertainty and fertilizer and helium and everything that's used for chips?
00:03:56.140 No, it's already caused, U.S. farmers report to the U.S. Farming Bureau, a 56% can't get the fertilizer they need.
00:04:04.040 And the diesel's way up.
00:04:05.160 I mean, give me a break.
00:04:08.060 And then Trump again, oh, we've declared victory, but we're going to blow them up tonight.
00:04:11.120 you destroyed their own military well if you've done that then why don't you control the Strait
00:04:16.540 of Hormuz you didn't destroy their military well we dropped 25 250 million dollars of bombs on them
00:04:24.340 last night oh you dropped a couple hundred bombs on them is it up to 30,000 now no it's like 27,000 0.59
00:04:31.460 bombs and missiles we dropped 7.6 million on the Vietnamese
00:04:36.040 So I want to bring in Dr. Kirk Elliott
00:04:40.700 But first here's a short compilation of Trump
00:04:42.500 Saying these insane things
00:04:43.680 What are you going to say Mr. President
00:04:45.560 About the latest inflation number
00:04:47.520 Which came out this morning
00:04:48.700 No I love it
00:04:50.200 You know what I really love
00:04:52.760 I love the inflation
00:04:53.920 You know why
00:04:54.560 Because as soon as this war is over
00:04:56.760 You know I can say it now
00:04:58.880 Something you didn't know
00:05:00.740 Do you know we've been taking out
00:05:02.000 Millions of barrels of oil
00:05:05.600 Nobody knows it.
00:05:06.620 You know who doesn't know about it?
00:05:08.280 Iran, until right now.
00:05:10.560 When you're negotiating with Iran, Mr. President,
00:05:13.280 to what extent are American financial situations
00:05:16.060 motivating you to make a deal?
00:05:18.280 Not even a little bit. 0.99
00:05:19.620 The only thing that matters when I'm talking about Iran,
00:05:22.980 they can't have a nuclear weapon.
00:05:24.320 I don't think about American financial situation.
00:05:28.320 I don't think about anybody.
00:05:29.520 I think about one thing. 0.90
00:05:31.080 We cannot let Iran have a nuclear weapon. 0.97
00:05:34.000 We're fighting wars. We can't take care of daycare. It's not possible for us to take care of daycare, Medicaid, Medicare, all these individual things. 0.95
00:05:44.060 They can do it on a state basis. You can't do it on a federal. We have to take care of one thing, military protection.
00:05:50.740 If the Democrats, the DNC had a mind control ray and they could point it at Trump and make him say whatever they wanted.
00:05:56.780 and Podesta and Obama are sitting around on the table with Hillary
00:06:01.160 deciding, what do we want to make him say that's crazy?
00:06:04.160 It's stuff like that.
00:06:06.520 And I'd be in a cult if I sat there and said, that's not insane.
00:06:10.180 And there's more quotes like this.
00:06:13.320 So I want Dr. Kirk Elliott to pop in.
00:06:16.500 He's a great economist, the number one silver and gold broker in North America
00:06:19.720 because they sell it wholesale and have the highest ratings
00:06:21.820 and they're our sponsor and you should totally get into gold and silver.
00:06:26.140 Last week, it was reported by Bloomberg, everybody,
00:06:28.280 that now the number one investment in the world is gold and silver,
00:06:31.820 no longer U.S. Treasuries.
00:06:33.460 Well, that says a lot.
00:06:35.060 And obviously, now is the time to get in.
00:06:36.800 They're ready to sell it to you right now,
00:06:38.380 and they buy it back for no cost, which nobody does.
00:06:41.980 You only do this at mass scale.
00:06:43.420 It took them decades to get to this point to give you these deals
00:06:45.580 that only mass scale can give you.
00:06:47.800 So there's nothing magic about it.
00:06:50.080 Gold and silver bullion at wholesale with their processing fee.
00:06:54.220 It's the lowest out there and no fee to buy back.
00:06:57.280 It's the place to go, KEPM.com forward slash gold.
00:07:00.680 Then we get the support when you go to forward slash gold, KEPM.com forward slash gold.
00:07:04.720 And the number right there, go sign up for your free email to get a phone call consultation,
00:07:08.820 free consultation.
00:07:09.420 They can talk to you.
00:07:10.560 It's the opposite of a hard sell.
00:07:11.720 You got to tell them you want the gold and silver because it's a very light touch.
00:07:15.820 You can also roll over financial instruments.
00:07:18.620 And there's a number you can call also.
00:07:20.140 A lot of them, they answer, but they're busy.
00:07:21.320 Just leave your name and number, and they will call you back and set up the free consultation.
00:07:25.920 But let's put that on screen.
00:07:27.540 Let's put the number here.
00:07:28.840 I can just read it off here.
00:07:30.340 You've got a overhead shot right here.
00:07:33.380 Yeah, there you go.
00:07:34.080 So it's KEPM.com forward slash gold, 720-605-3900.
00:07:39.740 KEPM.com forward slash gold, 720-605-3900.
00:07:44.920 I don't steer you wrong.
00:07:46.520 We've got a water filter, highest rated, best filters, most beautiful stainless steel.
00:07:51.320 at the lowest price to get anything even close to this.
00:07:55.180 So my job's easy.
00:07:56.320 What's the highest rate or what's the best?
00:07:57.460 Boom, here it is.
00:07:58.200 What's the best best in blue?
00:07:59.300 Boom, here it is.
00:08:00.260 What's the best gold and silver company?
00:08:01.620 Boom, here it is.
00:08:02.780 I can be making $2.5 million a month,
00:08:04.960 ripping you off, selling you numismatics marked up 50%, 100%.
00:08:09.040 I don't do it.
00:08:10.860 Instead, we bring in $200,000, you barely pay the bills,
00:08:13.460 but that's because there's not a bunch of profit with Elliott
00:08:15.400 because he's not running a scam.
00:08:16.960 He does it all at scale.
00:08:18.020 You cannot get a better deal.
00:08:20.120 KPM.com forward slash gold
00:08:21.760 720-6005-30000
00:08:23.880 You're insane if you don't make that call. Now, Kurt 0.56
00:08:26.020 We got you here. You sent me a whole stack of stuff
00:08:28.140 You heard my criticism of Trump
00:08:29.960 I just don't want to see the country collapse
00:08:32.160 In the Great Reset, and it's just
00:08:34.040 It's so sad this has happened
00:08:35.320 You sent me a lot of documents, a lot of articles
00:08:38.000 A lot of analysis
00:08:38.780 Was I accurate in what I said?
00:08:41.660 What do you make of his latest statement? He loves inflation
00:08:43.840 That he must love destroying his agenda
00:08:46.220 That was great, and then where do you see this going?
00:08:48.380 Dr. Kirk Elliott
00:08:48.880 I mean, his agenda was great around put a pickle in that, right? Inflation matters. I mean, I don't know how else to say it really matters because it is going to impact interest rates, not just here domestically, but globally, right?
00:09:03.940 And so, Alex, just a few days ago, consumer prices number came out up 4.2% in May.
00:09:13.640 This is the most inflation has risen in over three years.
00:09:18.280 Not a good time to have inflation, right?
00:09:21.380 Now, a lot of that's because of the price of oil and the surrounding conflict and everything else.
00:09:25.260 But, Alex, central bankers don't get it.
00:09:28.780 They are so wrong so much of the time, right?
00:09:32.980 So I was just doing some research, you know, a couple of days ago, put this together, right?
00:09:37.780 So central banks around the world use a monetary system called inflation targeting monetary policy where they target where they want inflation to be.
00:09:49.200 If it's greater than that number, they have to raise rates to slow it down.
00:09:54.540 If it's lower than that number, well, then, you know, then the economy is cooking, right?
00:09:59.260 So here's where, where is inflation compared to their target?
00:10:02.980 In the United States, Fed, 2% inflation target.
00:10:07.160 What is it in reality?
00:10:08.440 3.8%.
00:10:09.480 So what does that mean?
00:10:11.620 That's not a 1.8% difference.
00:10:14.380 Literally, going from 2% to 4% is doubling.
00:10:17.720 Well, I was about to say consumer price rose 4.2%,
00:10:20.140 and we know that's even cooked down from what it is.
00:10:22.060 But what about this, as you predicted?
00:10:23.840 Trump went through hell to get a new Fed chair.
00:10:25.880 We knew he had to have interest rates cut.
00:10:27.640 Now they froze him.
00:10:28.480 Now they're saying they're going up, as you predicted, months ago.
00:10:30.760 And here it is.
00:10:31.480 ECB European Central Bank hikes interest rates for the first time since 2023 as Iran war ramps
00:10:38.160 up energy costs they're having to do it now so this is happening and but Trump says he loves it
00:10:43.240 we know that's sarcastic but he didn't even explain that people take what he says as if it's
00:10:47.340 the word of God Kirk I don't love inflation because it it actually impacts all of us and
00:10:53.140 everything that we spend and we can't spend as much because everything's higher priced
00:10:56.400 companies are going to have to lay off people which is what we talked about on the last show
00:11:01.100 that we did all these massive layoffs. So with the United States Fed, they're 90% wrong. They're
00:11:08.540 90% off on their inflation projection. It's really 3.8. And they said to the euro, they're 60% wrong.
00:11:15.740 UK, 40% wrong. Russia, 40% wrong. Brazil, 47% wrong. What does that mean? When inflation is
00:11:23.260 higher than our target, they are not going to lower interest rates, Alex. Okay. So with the
00:11:30.000 domestic economy is in for a hard path here it really is but so I've said and this is what I
00:11:38.300 want to address with people is during times of geopolitical conflict uncertainty inflationary
00:11:43.840 pressures gold and silver go up but they didn't right they came down now why is that right because
00:11:51.320 I want to explain why that is because this to me is is a function of the narrative coming from
00:11:59.260 wall street right so wall street is giving main street america misinformation and bad information
00:12:06.280 they don't understand the gold and silver markets they understand paper they do really well in paper
00:12:12.200 they do really well let's be clear even warren bubitt for the first time is going in huge on
00:12:15.960 gold and silver the universities the governments the institutions all the smart money is going into
00:12:21.160 it but they're telling main street you need to be in the stock market that is at massive historic
00:12:27.220 bubble levels massive historic bubble i mean it's like what you're saying is gold and silver really
00:12:33.680 is undervalued right now oh it's it's undervalued so why did it come down when it should go up
00:12:39.180 during times of inflation and crisis because everybody's listening to this inflationary
00:12:43.880 narrative on oil this is what you're getting from cnbc and from squawk box and all these shows
00:12:48.520 they're traders not not traders in the sense of like bad people they're stock traders that's what
00:12:53.960 But isn't it only six stocks that are propping it all up?
00:12:59.400 It's all AI.
00:13:00.920 It's 20 out of the 500 S&P 500 shares is the only thing that's keeping the S&P 500 at historical highs.
00:13:10.200 It's 20 shares.
00:13:11.260 That's a really thin bull market.
00:13:13.280 And when it's that thin, it doesn't take too much for that bubble to burst.
00:13:17.760 So here's the thing.
00:13:19.060 They're all talking about a trader mentality, trading short term.
00:13:23.340 See, the times like this when silver came down from January until now, because of the Iran conflict, not because of fundamental reasons, because of the noise of the conflict, there's still low supply, high demand.
00:13:36.840 It's used for everything like we always talk about.
00:13:39.180 That trend never changed.
00:13:41.020 What changed was the noise and causing it to pause.
00:13:45.120 So here's where as soon as that conflict is over, I see silver at $100 an ounce within a month after that.
00:13:52.260 see who else thinks that when we talked a couple months ago about bank of america saying gold
00:13:58.100 silver is going to be 300 by the end of the year when the iran conflict and jp mark and chase over
00:14:03.600 150 goldman sachs over 150 and that's because of all the fundamentals yes and because of industry
00:14:11.000 and everything because again this is not your opinion explain it again pull the headline from
00:14:15.440 week ago guys for the first time ever gold and silver is the number one investment by governments
00:14:22.800 institutions and rich people surpassing u.s treasuries i mean that is such a big deal
00:14:28.360 yeah this is a paradigm shifting moment which is why when the iran conflict started
00:14:34.140 why didn't bank of america say well shoot we got that wrong maybe it's not going to be 300 maybe
00:14:40.060 it's going to be $50 by the end of the year. They didn't change their tune at all. Nobody did
00:14:45.680 because as soon as this conflict is over, the trend resumes. That's why they didn't change
00:14:51.380 their projections. Why I didn't, why most commodity experts on the planet didn't. We still expect this
00:14:58.120 to grow. Now, when is this conflict going to end? I wish it would have ended last month or two
00:15:03.300 months ago, but it hasn't. So therefore, we see sideways action. Now, this is where in the
00:15:09.980 beginning of crisis moments, crisis is very bad for traders, and it's an opportunity for investors.
00:15:18.780 This is a big difference, right? So this pullback that we saw in gold and silver,
00:15:23.040 traders are freaking out because if they had long positions and the price came down,
00:15:26.540 they lose money hand over fist. If they had short positions and the price went up,
00:15:30.680 They lose money hand over fist. How much did you and I and all of your listeners lose on this
00:15:38.920 pullback? Nothing, nothing, because we didn't sell it and we're going to sell it down the road when
00:15:46.200 the price goes up. But during the beginning of conflict, especially in the Middle East,
00:15:50.580 this is what I want to focus on because this is a Middle Eastern conflict. You go back throughout
00:15:56.280 time, the OPEC embargo of 1973, the Iranian Revolution of 79, the Gulf War of 91, 9-11
00:16:05.880 in 2001.
00:16:07.620 What happened to the price of gold at the beginning of those crises?
00:16:11.380 It came down because of the inflationary pressures, because of oil.
00:16:16.560 But what happened when the crisis was over?
00:16:19.640 And you and I both know, because you're on the air, have been on the air for decades.
00:16:23.680 you generally never say never or always you know those extreme words but every time a conflict in
00:16:32.920 the middle east has ended gold has reached an all-time high not just a higher price than before
00:16:39.800 an all-time high well you can when you look at a 20-year graph and just the last year you you see
00:16:44.340 the trend on silver and gold and that's that's on silver and gold but in general the economy
00:16:48.680 with where we're going. 0.95
00:16:52.140 I don't see any end in sight with Iran. 0.99
00:16:55.040 They know that if they don't push for the troops out 0.95
00:16:58.240 and this big 500 billion they want, all the rest of it,
00:17:00.800 they're just going to keep getting hit forever.
00:17:02.720 So they're in a war of attrition.
00:17:04.340 They actually have the most of the cards.
00:17:05.840 They're winning.
00:17:06.540 Trump keeps playing this game, saying they're obliterated,
00:17:09.040 but the straits closed.
00:17:10.780 I mean, I think this is going on in six months from now,
00:17:12.440 probably, unfortunately, unless there's a miracle.
00:17:14.380 What does that do to the economy?
00:17:15.980 What should we get ready for?
00:17:17.180 because you were even on a month ago maybe there's still time turning around let's be optimistic
00:17:21.140 and i was like i don't think so kurt i'm not trying to say i was right you were wrong i wish
00:17:25.060 you were right now you came on last week and said ah it's already baked in and every week we go it
00:17:29.300 gets worse explain that to people so what they should expect and then and then how they obviously
00:17:33.300 position themselves if if this conflict ends tomorrow we've probably got nine months to a
00:17:40.100 year of massive pain if this conflict goes on for another six months i think globally we go
00:17:46.820 into an inflationary recession slash depression i mean it's worse it's like way worse because a
00:17:52.660 recession or depression means people aren't working and inflation means the prices are going
00:17:58.040 up so when prices go up when people aren't working that's devastating that's the worst policy for any
00:18:03.900 policymaker to try to get out of it's stagflation it's the late 70s when they had to jack up interest
00:18:09.940 rates to the teens to low 20s to slow down on inflation that's what we can do let me interrupt
00:18:16.520 you i didn't see the usa today article jd vance said don't worry it'll only take a year now
00:18:20.960 what will a year of the strait being closed do devastating to the domestic economy devastating
00:18:27.640 to the global economy um devastating to the iranian economy right i mean is with the strait
00:18:35.400 being closed it's not just oil that comes out of there there's fertilizer imagine the food shortages
00:18:40.140 that are going to come if the yields aren't high well when we read the news it's like russia's
00:18:45.160 economy's in trouble so is europe so is ours they just ignore this yeah it's it's a very important 0.62
00:18:52.800 straight it really is and and now the chinese are in the strait of malaka threatening to close it 0.78
00:18:58.380 yeah so so what happens is countries are going to debase their currencies they are going to print
00:19:05.280 out of it right that's if there's no money coming in from tax revenues and you can't
00:19:11.080 let's be clear they were already doing it and you predicted six months ago they would accelerate it
00:19:15.060 You predicted two years ago, before Trump even got in, you said the big threat will be Iran, Strait of Hormuz.
00:19:19.700 We played those clips. 0.92
00:19:20.880 That would be the one thing, and that and a pandemic, a plandemic that could take it down.
00:19:24.520 And we now got the war.
00:19:26.820 The U.N. is trying to launch a new hysteria, pandemic, plandemic.
00:19:30.000 But here we are.
00:19:31.900 And for people that don't understand, when China does this, when the EU does this, when they all print out, so do we, that just amplifies all the inflationary pressures.
00:19:40.640 How bad, then, if it's still closed in six months, which it looks like that's where we're, that's a dead wrecking.
00:19:47.020 That's what I had to guess.
00:19:47.960 It's not a prediction.
00:19:48.720 But I think at least six months, you know, magically the moolah's fault. 0.82
00:19:52.760 I mean, who knows? 0.95
00:19:53.440 But six months, six more months of this, what does that do?
00:19:57.900 I mean, if we get out tomorrow, it's about a year of pain.
00:20:01.400 If we get out six months from now, it's probably two years of pain.
00:20:04.900 it just multiplies because of the backlog and you miss an entire growing season of food where
00:20:12.060 there's no fertilizer right i mean this is going to be difficult so country why do you think trump
00:20:16.860 said he loves inflation all those smart mouth comments how does that help him i don't think
00:20:22.820 it helps him at all other than he's saying he's focused on on iran not having nukes but to say
00:20:28.420 that you're not concerned about inflation is is problematic because it's like you said two weeks
00:20:34.600 ago or this is an economic nukes already gone off yeah see it's not just us that's going to be
00:20:41.500 bear the brunt of inflation it's literally every country around the world see this is where the
00:20:47.040 bankers are salivating alex because it's like okay this is time for us to usher in our new system
00:20:52.140 of central bank digital currency of complete control we'll say that we're going to fix it
00:20:56.520 right it's very hegelian dialectic if you can't get what you want by normal means you create a
00:21:02.260 problem that's so bad that all of a sudden your solution seems like a good one i mean this is
00:21:07.620 where i think that we're we're headed is full speed ahead into an inflationary spiral around
00:21:15.680 the globe but here's where don't let crisis causing gold and silver to come down that's a
00:21:22.060 temporary blip see if you're a trader mentality and you're in for a day or a week or a month yeah
00:21:27.800 You could lose money if you need to sell it, and it came down during that time frame.
00:21:31.820 This is the buying opportunity of a generation.
00:21:36.160 And this is the same reason Bitcoin went down.
00:21:38.500 People are dumping assets, too, to be able to get into these IPOs on AI.
00:21:42.680 Oh, yeah.
00:21:43.280 They're dumping crypto to go into AI because all of a sudden, the massive gains you could get on crypto don't look as high as what you could get on AI.
00:21:52.700 It's irrational exuberance.
00:21:54.680 Right.
00:21:55.160 And what happens on generally speaking on IPOs, it's this hype at the beginning.
00:22:02.120 And within a month after that, the price is lower than the IPO price.
00:22:06.080 Now, it will eventually grow.
00:22:08.320 But IPOs, I don't like.
00:22:10.020 Well, let me raise this in closing.
00:22:11.800 You sent me zero hedge articles.
00:22:12.960 Now there's gold and silver from pullback to perfect setup.
00:22:16.660 Yes.
00:22:17.060 And that's what a lot of the economists are saying.
00:22:18.380 Silver third wave.
00:22:19.820 Bears are running out of time.
00:22:21.240 um i mean that's what the analysts are saying is what you're saying is this is the key to the
00:22:26.840 gold and silver markets explain that in closing and tell people about i can also roll over
00:22:30.300 financial instruments uh right now so what that means this this pullback is the perfect setup
00:22:36.500 for growth why because there's something in technical trading it's a 200 day moving average
00:22:41.660 it's the average price of silver for the last 200 days that trend is still going up which means the
00:22:47.620 price of silver over a 200-day span is still going up. We just hit on this pullback that 200-day
00:22:53.800 moving average. Now, when the trend is still going up and you retrace to that, it means it's the
00:23:00.460 setup for something fantastic. What would be the opposite? If the 200-day moving average were
00:23:06.200 coming down and you went below it, well, then you could see the floor, right? It could just keep
00:23:10.820 dropping. It's not where we are. We're rising trend, rising 200-day moving average. We just
00:23:16.920 hit it, which means this is the buying opportunity of a generation because it was a big retracement.
00:23:24.180 So this is the difference between an investor mentality and a trading mentality.
00:23:29.060 Traders hate this crisis. Investors see it as the opportunity of a lifetime. Now,
00:23:33.760 you have IRAs, old 401ks, cash in a brokerage account that you want to protect from
00:23:40.220 bank failures, from illiquidity at the banks, from this inflationary spiral. The best way
00:23:46.800 literally the best way to protect yourself against inflation is to go into a tangible asset because
00:23:53.440 tangible assets go up with inflation it's what they do things go up when prices go right so
00:23:59.520 so this is where we can we can handle that we can do ira rollovers people need to call you they need
00:24:05.240 a free consultation you got to make them sell you gold and silver folks it's ultra low pressure
00:24:09.480 because i've called and tested it but we'll put it back on screen the number to call to get a free
00:24:13.980 phone consultation the website sign up get a call back kepm.com forward slash gold or 720-605-3900
00:24:24.100 thank you so much kirk elliot we'll talk to you soon my pleasure alex talk to you later powerful
00:24:29.400 info kirk's marketing strategy has never been to bash the competition and i've known about kirk for
00:24:35.340 20 years and we were having dinner like three years ago he was coming on as a sponsor i said
00:24:38.620 i think now it's time to get the markets i know you're right he said i really don't want to attack
00:24:41.960 the other companies but i feel so bad i want to warn people that people call us up getting ripped
00:24:45.920 off and i want to name names and stuff and i said whenever you're ready we'll do it but i mean it's
00:24:50.880 basically everybody and and it's it's it's that it makes gold and silver look bad because these
00:24:56.520 people are out there doing that because the public doesn't understand it it's it's so easy folks
00:24:59.620 buy gold and silver bullion at wholesale you can look every day what the price is type and what's
00:25:04.260 wholesale gold and silver platinum anything you you know and then you get it from them with a
00:25:09.700 little processing fee and then they buy it back for nothing with no cost that's unprecedented
00:25:13.820 it's so easy there my problem is because whenever i have a sponsor you know i trust them i call up
00:25:20.160 and talk to people and do it because i had a few gold sponsors come on promise and they do what
00:25:24.500 kirk did and then not doing it so i just said i'm done with gold for like 14 years because the other
00:25:29.080 company was moral couldn't make money at the low cost so they shut down so i couldn't find a moral
00:25:33.520 company i wasn't i said it was time to just get out of it and and i'm like the problem we can get
00:25:39.300 with elliott's people is they're too low pressure i mean we're talking like no blood pressure here
00:25:45.140 okay they're like oh you're sure well what about your oh but that's because they're they're the
00:25:49.560 real deal folks you want to get in there you want to get a consultation financial instrument roll
00:25:53.900 over but just two minutes on what to look out for basically it's real simple anybody not selling
00:25:58.980 wholesale right yeah so so i'll give just a brief layman's explanation like you just described
00:26:05.920 spot price price of the metal and in the ground manufacture miners haven't even touched it yet
00:26:10.800 then they they pull the metal out of the ground they dig their tunnels they drive it to the
00:26:14.720 refinery they melt it down make it into a coin or a bar that's wholesale that's usually three to
00:26:19.280 five percent over spot we charge eight percent on top of wholesale when you liquidate we charge
00:26:24.040 zero see all all dealers around the country are getting at wholesale so then why are some people
00:26:31.260 charging 200 over over spot because it's commissioned let me ask you what's the average
00:26:36.760 ripoff like 40 yeah when you're dealing with with semi-numismatics of 40 to 200 i mean it's
00:26:46.740 insane i have these companies i had them laugh at me last week they go look we're not ripping
00:26:50.660 people off we're doing 40 that's standard come on man two and a half million right now a month
00:26:54.880 and i'm just like they said i'm not doing it and just laughed at me well hey you go ahead and act
00:27:00.020 like that you go ahead and behave like that i mean that's how they can afford to pay two and a half
00:27:04.260 million dollars a month right i mean it's insane so these companies if you ever see a collectible
00:27:10.780 a commemorative and you talked about it early on it's like you have that for a fundraiser to for
00:27:16.460 for the voice of freedom right that's not an investment that is to help you that is how you
00:27:22.360 should look at that stuff look at it as a collectible look at it as a way to help but but
00:27:26.860 don't invest in that that it's it's doesn't have a good ending i don't know how these people sleep
00:27:32.340 at night telling people it's a good investment and then i mean i know the average is like 40
00:27:37.080 percent routinely 200 i mean i i want to i mean it's like bankruptcy i just i could not do that
00:27:43.780 to my listeners i mean i i couldn't either and if anybody wants to read about the intricacies of
00:27:50.040 that dale whitaker wrote a great book called the gold grift it's fantastic it explains all of it
00:27:54.600 but literally these these companies will make their own commemorative coins that they are the
00:28:00.960 only ones that sell those there's not liquidity on the back side of that right there's just not
00:28:06.280 so that's why bullion is so important it's 100 percent liquid because it's a global commodity
00:28:10.020 you get your manufacturing you press a button you sell it and we don't charge anything when
00:28:14.000 you liquidate it you could do that in an ira you could do that with an old 401k you could do it
00:28:19.360 with the current 401k as long as you're 59 and a half and just roll it into an ira people need to
00:28:23.820 call you right now dr elliott now is the time thank you so much and god bless you for the
00:28:28.180 incredible information