Hello everybody and welcome to commodity culture where our goal is to make you a better investor in the commodity space my name is Jesse day before we dive in standard disclaimer nothing here is investment advice do your own due diligence we bring you the information you do your own research and today's guest is a renegade Trader technical analyst and the founder of the market sniper it's Francis Hunt somebody I Always loveed talking to great to have you back on the show glad to be back with you Jesse thanks for give me back of course now
I want to get started with a broad question I'd just like to know where your head is at when it comes to your macro Outlook what are you currently paying attention to the main themes and trends when it comes to the markets and the global economy things that maybe you think more investors should be paying attention to as well so I always start with the statement we're in a debt based collapse which also therefore has an fx stroke Fiat element to it because the two are related we've just had a bit of a Yen trade
unwind which is a risk off so when you ask about what do we watch we known for referring to the USD JPY as the fear index for the last two decades uh we talk about it so whenever you get an unwind of the carry trade people are becoming afraid uh for the Outlook of uh Risk assets so as a result you get a bit of a selloff so the USD JPY is one of those indicators I start started by saying a debt base collapse we watch the yield curves and the yield curve inversions which are
getting uh perilously close the the 30 and two is already reverted back positive and the 10 minus the twos had a spike through the zero which means they came back from being inverted and reverted to a more normal yield curve and this is the Typical point when the crisis finally lands um so we got the Yen curb trade unwind but I think there's going to be a second spell to all the the economic malays that hasn't fully played out I think this is potentially more of an initial Tremor before the main earthquake because the reversion
of the yield curve which is looking like it's uh inevitable on the T and twos uh and that's something we can check even for today because I haven't looked at it Today um if we have a look at us 10 years minus 2 this is quite a technical topic it sometimes uh loses people but it's a very important indicator um it's the yields between long-term debt and short-term debt it's another thing we watch that we treat as a very big indicator you can see for now we are uh reverting back into the inverted state but
that was the the the trema mini crisis I'm going to call it it may Not have felt like a mini crisis to some but you're reverting back we were warning quite some time ago we drawn this squeeze on here saying we're expecting an upside move on the yield curve uh inversion towards the zero line which is the reversion back positive which is the point at which you find out what the crisis is you literally touched it we got a Yen unwind Yen carry trade unwind and now we're pulling back I fear that gets a leg
two or a leg Three um because we're going to revert positive uh still in my view during this September October period I think this is happening in and around the coming election um and I think in December it there may not be so much Christmas spirit let's just put it that way if that occurs and uh we're very very close to that event happening so what's the big deal about that that's it sounds a very technocratic discussion because Most people don't understand debt markets they don't they they only understand equities and other things which are
more simple and we are almost encouraged not to understand debt markets because if we understood debt markets we would ask awkward questions it's along with FX these are the uh the biggest markets by far all your money is borrowed into existence when you buy a house you aren't buying with somebody else's savings they're actually creating New money and saying there's credit for you to buy the house we now own that asset um until you've paid us off and you pay us ursery uh on that and uh you sign a contract that agrees with that that
wasn't someone else's savings that repurposed money it was new money that was created so that is a borrowed instrument now there's a lot of that borrowing going on not just by people buying houses at the retail level but by businesses and governments so you get um Corporate debt and then you get government debt government debts are called treasuries uh and sometimes on different time durations T bills and various things so they borrow shortterm and long-term and all sorts of structures so like a personal loan for two years it can be a mortgage for 30 years
the government is borrowing in all forms and they are creating products that somebody else has to keep as an asset the problem With this is that yellen's adding a trillion every 100 days in a year that's 3.65 trillion and that is largely not productive expenditure it's been given for you know well for some it is it's not for you because every trillion obviously is diluting the dollar power and it's really strongly inflationary um but because of the recession that the one part of the economy think of a twisted balloon the retail and the Consumer is
experiencing they're spending less they've got less money they you know they're dropping down uh in this environment of high rates uh and inflation which is a taxation from below and then of course they're creeping into higher tax margins so the big narrative is the middle the working class and the Working Poor are being crushed the people that get to borrow at Japanese uh rates that buy Assets in America then and then benefit from inflation that's The shell game they they with the creation of money devalues the huge borrowing they've had I mean a million dollar
30 years versus a million dollars today it's such a huge uh difference if you'd borrowed a large sum many years ago as a billionaire um to buy properties casinos uh Farmland you name it productive asset uh my Miami uh fancy apartments or or properties on the waterfront those assets are now creeping up and actually holding in real terms Some value due to the inflation and the debt is just being compounded away into nothing uh and you've borrowed cheap because you've got a institutional broker who can let you borrow in Yen or you just getting cheap
rates in dollars um so it's a billionaire class enrichment tool and it's a middle to low class impoverishment tool so this is the creation of a two tier wealth system and this has been uh a known call it a Conspiracy if you will of talking about a two class human race almost one that gets amazing lifespan and stem cells and all of these expensive life extending therapies and they smarts and their kids go to Greater schools Etc and these sort of things so it's it's a it's a bipoc of the human population at the same
time we're having a bipoc of the planet by the sort of uh and that's on a lower level at the top they were all friends in my view working Against each other pretending to fight but actually the attack Vector is on You and I by government status corporations uh dark States and nation state thinking where we are made to go to war with another country and they you know they cancel out some population on both teams by mutual agreement so that's kind of where I'm at as an opening statement debt Fiat devaluation and the the
cure for that was the chart I had up which is another of the charts that I Watch immensely and everybody should be saving in Gold ounces everybody should be saving in Gold ounces and just by the by if we pivot to the monthly everybody talks about how strong the dollar was and what a heroic performance it was in quarter 1 while you're seeing now a bit of the carry trade unwind uh how how weak it's suddenly become because of that degree of borrowing cheap borrowing and we don't know how deep that goes are there any
Derivatives involved in that that could really mean it goes a lot deeper than we think um are there you know what is engaged in all of that but over here you in the $2 240s dollar and today you're in the 2004 00s so you're talking about a 10x consistently and I gave an analogy with someone else on this it's like I've got Usain Bolt out to come and run alongside my car and literally I'm inan first gear going at 5Ks and he's just Loosening up and strolling next to me and I'm going okay you saying
warm up stretch those arms and he sort of you know getting these knees going we haven't even begun to caner letter loone say okay big boy give me that 9.69 pace uh let's really stretch those legs um and kick go heels back and show me what you're all about uh we are literally in the loping stage and it's a 10x in 2 24 years uh not even I think this is 2001 um but you know getting getting getting Towards a quarter of a century done a 10x and it's the it's the slow part so gold
ounces saving in Gold ounces is it it's one of the most cool things and I like to get it out early and then I'll let you unpack some of that hey guys just a quick break to hear from today's sponsor Ark silver gold osmium they offer personalized service and competitive prices with no minimum purchase for silver gold platinum or osmium here's just some of the comments Left on this YouTube channel about Ark sgo and owner Ian everard have bought from Arc good source and price I cannot say enough good about Ian and his company he
is the most honest individual I could find in order to buy precious medals if you were looking to buy precious medals I recommend Ian at ARK silver he is a straight shooter so go to argo.com and contact Ian everard today at 30726 49441 or by email at Ian argo.com and make sure to tell him that commodity culture sent you could you bring up that uh 10 to 2ear treasury chart again and maybe just break that down a little bit more and how that relates to this debt crisis you're speaking of it moved towards reverting so
reverting is the phrase for once the inversion ends and it goes back positive so I've done an annotated this is such a commonly used chart by me that I've got you know a Whole bunch of annotations uh left on here so I'll just take the the all the text first that's how it looks since 1989 so post 1987 crash um every major crisis is in the red box the red boxes the inversion the the reason why this is such a powerful powerful indicator uh is it's a leading indicator it comes first before the event yes
so the orange boxes are showing you hey there's some stuff Building up that's going to get worked out uh and it's going to be ugly and the event comes on the reversion so you had the '90s uh early 90s wobble and recession I think that did for George Bush Senior uh in his election period Then you had the Asian crisis reversions uh over uh here long-term capital and the Asian crisis you got very close and then you did uh actually have a uh in a minor inversion um with The long-term capital situation then over here
you had in 97 you inverted and everyone was saying uh no apologies uh that's the Asian crisis was 97 this is O o00 99 going into 00 you got a 2001 um major recession in the red box here is subprime where you inverted and that was 1st of February 06 the last major meaningful one was that one for me cv19 was quite quick in and out um and that was the repo liquidity of September and October in 19 that warned of a Crisis yet to get its name and you got the name subprime I remember
and I knew well there's something big coming and I was in the property game then uh and then you got bang demons going bus you see this happened quite early you had a first reversion 06 you came down again later in ' 06 and you reverted back a positive in J June of ' 07 you had Demon's Brothers going bankrupt in 8 so it leads it tells you something before it's going to happen you look at the fed And their labor stats everything lags it's the last thing that you see that turns bad once you're
already in trouble which is why they're known for being late with their interest rate policy adjustments and because they on lagging indicators they have to be certain they wait for confirmation da this is a leading indicator so we have actually been in the longest uh inversion of the yield curve On the tens and two so that's probably the most popular monitored one 10year yield versus the 2year yield and we've been in an inverted State there since August of 22 and the inversion got more extreme than it's been for the modern era so since the '
80s I'm talking the bull market of bonds literally is uh began in 1982 with faler at the super high rate and we've been in a nonstop financialization of everything creation Of money dropping of rats creation of money liquidity surges we've we've created so many pumps for the boomer generation to ensure that they pension out well I I can't tell you uh whether it started in 1987 stock market run in fact it's a stock market that even began running in ' 82 you had the housing boom you've had them all you've had the tech boom you
had the dotom boom you've had the AI chip boom you know they liquidity Central and and busts that are associated but those have been just for that cycle bust now I feel we're getting the whole 40e bust of the debt creation because there's too much debt and something to look at just if I just put the US tenure on there the long-term debt curve and show you the same uh period it's our opinion that the debt markets turned from this 87980 and don't forget what happened There gold super extreme High $800 when a dollar still
meant something you know you bought something with a single Dollar in those days uh in 1982 so 1556 was the yields this has been an epic and I must log scale this so that you can see it in percentage based terms this is a final spill the cv19 event of shutting down most of the world except the oligarch that could continue to sell Goods online like Amazon shutting down most of the worlds this was an absolute capitulation this was Peak Bond valuations they were only asked paying 0.33% on the asset as they were issuing it
there that was a fear into debt no longer is fear running into the debt Market to any like the same degree because we are creating so much of it and because we bated the planet that China is no longer buying it Russia is No longer buying it we went and stole there uh and politicized the Swift system so what's actually happening is they're buying gold instead and we have pivoted here from the safety trade in which was this entire 40-year bull market in this remember the yields going down the asset values are going up um
this entire period was a def financialization a de um uh precious metals significance was said you don't need a whole gold it doesn't pay you any Interest it it's not needed you just own t bills and it was the substitution of T bills for the precious metal and they've abused that to the point that we now have an absolute pathora of t- bills they're printing up a trillion as I say every 100 days and that people just don't understand the scale of a trillion again super quick to count to a million if I count every
second that's taking me 12 and a half days to count to a billion is taking me 32 years one billion with a B to count to one trillion it's actually taking me 32,000 years of life how many generations of my lineage would have to stand there saying a number every second without ever stopping to get to 1 trillion 32,000 years worth of my Generations uh if they were prepared to accept a deal like that so that's what's happening every 100 days being added to the pot that's already at 35 trillion which is 33 * 35,000
so the scale of this is actually Unbelievable and it has to math atically by definition fail and you should be entirely focused on this because this is the thing that's happening the biggest thing that's going to happen in your life and the distractions they're going to throw up at that point of failure to to confuse you kicking up the dust while they're fighting you uh and uh throwing crackers and SES shows and oh look over there look over there you you don't even begin To know to understand your goal is to stay focused on that
Capstone that that those illuminatis conspirators show you the key event that top of the pyramid is the collapse of that top that Capstone into the ground as all the layers crumble because of an excessive debt and Fiat creation system everything else is secondary and they will throw up Wars to create demand and it is all an asset strip the military industrial complex is the Ancient M manorisms right from the Mercantilist era along the paths of Mark Polo on the Chinese belon Road where you extracted from people who are walking through the desert essentially like burglary
um and Bandit you and that was uh war or warning of other people might fight you so that you could sell arms then going to the other party and telling them they arming up uh and eventually making people fight because you got to pick up the pieces and the possessions of two people uh clashing uh So who is that third party well you could spend time trying to find that out but you may as well prepare because it's almost impossible to stop it you and I were talking off screen about you know Ser there Serbia
nobody wants War nobody really in UK wants War nobody really in the US wants War but guess what there's Americans fighting in that incursion into Russia from Ukraine as an offensive there's British involved with support and equipment in both Ukraine and arming Israel with special missiles that's bombing Lebanon we are always at War because the people at the top the coerced owners of the system are always finding reasons and even when they're not admitting it are always making War because it is enrichment for them they own the military industrial complex it's a very efficient way
for adding vast amounts of debt ammunitions and fire uh you know Munitions for planes and missiles are unbelievably expensive it's Just great extraction mechanism for adding debt which is uh huge and devalues you and that's why we getting the inflation our breed and everything it's the silent tax it's the most snide sneaky tax uh and it's military industrial complex is the best way for doing it because you put it on the debt you proliferate you overspend you dilute the currency you effectively taxing everybody in your nation state and every of the nation states particularly the
Western ones are doing it which is why I say consider leaving so that's back to you let's talk about gold for a moment because you mentioned you must save in Gold ounces I completely agree with you that holding physical gold is a very important strategy to protect your wealth against this event that you're seeing coming um this kind of collapse of the debt and um you're so right about all the distractions which I want to get to in a little while later but first Talk to us about what you're seeing for gold at this point
it off officially closed recently at another all-time high it continues to hover around the $2,500 level it's one of the few assets aside from treasuries that held up quite well when the market was correcting and the Nik crashed um what are you seeing for gold up ahead uh it's it's as I mentioned in the earlier part literally you've got one of the fastest sprinters in the world uh warming up before giving You uh in a gold medal olymp p uh rate Sprint and at the moment he's loping this is not even the beginning of the
race he's just loosening up that is I can't give a clearer analogy than that as to where we are at and that's still a 10x in 20 three years um I I see the acceleration of this trade gaining Pace uh I mean we've said many times before on record that 29 there will be a bit of a pullback at 29 an arrest and just before the 3K we might technically run The 3K on a day or two and then pull back for it and then we've said 6 and a half uh 7,800 these things are
going to come fast and then Furious so if if we were to meet again in time x let's say it's 3 years from now 5 years from now and I had this exact same chart this laptop was left right here and it just updated uh the the gradient between uh 2000 and uh today versus the gradient I'm expecting I think this will have Steepened immensely uh for this chart uh and it's a log scale chart as it is so I think it's probably the safest protection that most people can simply and easily still do and
you shouldn't assume that you can always be able to do it as well it may become possible that it becomes classified as a strategic asset for governments for establishing as you know balance sheet a core asset uh and I'm not saying that this will happen but don't assume that you'll Always be able to buy exact gold or that you'll always be able to buy gold that doesn't have chips tracking and a registration uh docket that goes with it in some form of digital ID for the bar and digital IDE of view as well you can
buy black gold Now by black I mean uh like black market gold essentially they're the same but my expectation is purchases of gold in the future at far higher prices will probably find that they'll need to be Registered and uh biometrically registering both the owner and the the the item almost certainly that's an expectation I have so you can either buy cheaper now and it'll become uh underground Undeclared gold for you providing you can produce an invoice of selling it to Armed El Muhammad in Qatar for them to go find good luck um but providing
you can do that you'll be able to have some dark gold uh on you all the time and that is real balance sheet and You know there they will they will try undermine the purchasing of gold probably by by even at a corporate and a status level selling fake go to try proliferate it so here's two key Trend predictions I'll give you because I'm not only a technical analyst I'm not only fundamentally alert to what is going on I like to spend forward looking futurist thinking time as to how they kill certain things they want
to kill uh or Reduce or make look unattractive if a lot of people start buying gold it will be within their interests that they contaminate often even Central aspects of Supply um and they'll let it be known to the Insiders which ones are they are so they don't buy from them but you could need to have all your gold X-ray and you'll see a proliferation of fraudulence also if they want to kill cash for example and I'm also a fan of Holding cash even though it devalues just for the the grid down moments when that
ATMs go dark when a lot of things stop working and you need to spend gold is not as easy an expenditure put even though I suggest having coins bars and everything and also silver and smaller denominations it's still not the easiest exchange for small everyday items so maintaining cash which will need to be uh still relevant is also valuable even though it's devaluing that but having a Reasonable amount of it how will they eventually kill cash they there's already a known fact uh and I've watched documentaries on this in South America and Peru and um
I think it was even Costa Rico or Ecuador that there's incredibly good um printers that actually print fraudulent money um and they're often running around trying to catch these guys and they're printing dollars So eventually if they if they go industrial at the statists in other Words the people that don't want you in cash anymore they can also unofficially go industrial on counter feating themselves on non official dollars that have a very small item Flex that is slightly different that those that know will know they will create such fraud that eventually cash can no longer
be trusted so if you eventually flood the market with fraudulent cash that's 50% of it or even more is 60% then nobody takes cash anymore and it's and it's Very good quality fraud and we already have a far higher percentage I'm afraid to say of money that's being released in USD that from just local criminals that is fraudulent when the real criminals arrive um they'll they will get a final hoay for their party bag don't forget they're making out like bandits in the crash so they'll get a whole bunch of wealth in people will give
them Goods give them services and items or physical assets with cash I'm sure and they will Get fraudulent cash out so they will Poison the Well of cash and they will also attempt to uh make it very difficult for people to buy confidently gold so you should be exploiting the time now to get registered gold that can be x-rayed well certified and getting it in your hands uh and you should already have your sale invoice prepared for uh someone who's going to be recently de ceed in 5 years time that lives in a country far
away um Because you may even have legal Le brought to bear on you to force everybody to register their assets on the blockchain with an nft so later someone like block Black Rock can proliferate the new Ubi currency of choice and purchase all the nfts and become derivative via derivative proxies owners of your assets so these are the attack vectors I'm seeing uh that are coming your way and you need to prepare for that now this is the great game this Is Game Theory that's where I'm at and gold is the solution because it's physical
All Digital assets should be treated like a trading uh stock that you never get given the trading certificates for by the way I've tried a couple times through Schwab to get my certificates on a gold company I get very little Corporation I've contacted the company's agents you should see how obstructive they are I don't own those shares I have a proxy because it was so cheap the Trading you know $30 to buy $30 to sell they a't doing anything for me they've said we'll just give you a proxy token that goes up as much as
your Equity supposedly has gone up on the day I don't hold those uh gold shares uh and until I get a certificate in paper in my own name um I that money will be lost with these brokers um that are doing it and it was quite common in Germany there were about 130 or there were thousands of banks that Went bankrupt most of them run by the mercantilist classes bit like Schwab um today so watch out for the equivalent of that great taking as well you don't own it if if it's if if if you
don't have a physical piece of paper you don't own it and even still I prefer gold on that because holding it in your hand is the item so we really as they are pushing you digit that is part of the strategy for stripping you you will own nothing and Be happy and that is not just a an essay by a you know a 30-year-old Danish teacher that is in intense they use female demure females to float some of their most Draconian schemes um I just watched an IMF video with a Dei uh female telling explaining
how inflation is supply and demand thing you know coffeee went up because there was droughts in um XYZ country and also you know cars and things went up because um there was Co and no one was making Anything and there was too much demand go oh oh that's kind of Handy no mention of the debt all the stuff you and I have been talking about and again so they use females particularly with this to tell some of their worst and dastardly lies and it's not what they're saying is entirely wrong it's what they're leaving out
which is the great big lie there can be uh localized inflations in individual items because of supply and demand what you don't get is both coffee beans that Are grown at different altitudes and in different nations from Vietnam to Brazil all having droughts and floods at the same time that the Robusta Bean goes up that the Arabica Bean goes up that Coco uh which is also grown again in different countries and different places also didn't all have simultaneous floods or droughts also gone up and they've all gone up 4X um no no that is devaluation
of money they avoid the biggest narrative by Talking around the side of the issue that's how they lie it's the cunning lie the LIE is what they don't say uh and the misdirection it's always the misdirection to what isn't the real driver that could be in a unique circumstance but right now is not the narrative U that IMF video I mean it's just just such a puff piece so we spend our time debunking lies that are misrepresenting the true situation to people so that people can best Understand the truth I want to live a life
I've determined certain principles I intend to live by and that is no matter how uncomfortable search out for what is the exact truth of the the the situation and the story uh because it's only through understanding fully and deeply the immensity of a situation that you can understand the immensity of your needed reaction and solution if you think it's just a Nick you bring a Band-Aid if you ride if you Arrive and the machete has chopped a chunk out of somebody's chest you're sitting there with a Band-Aid and you actually need 10 rolls of gors
uh stitching surgery and a whole bunch of different things you're underprepared so tell me the full immensity of the situation so that I can make a proportionate logical and rational cure for those that I attempting to protect and I am attempting to protect my community myself my family but even help With uh quite a bit on a free level through my YouTube channel uh people that just take the time to look for truth and are sick and tied of beers very well said I want to unpack a couple things you said there one was that
if you don't hold an actual stock certificate then you don't actually own that share it's being held for you I mean this we we've both read uh David Rogers web the great taking I think a lot of people watching have as well if Not I recommend you do it's a free pdf you can find it online pretty terrifying scenario in there will it come to pass I'm I'm personally not sure however is there should people proceed with caution when it comes to the equity Market do you think at this point in time it's not smart
to have the majority of your net worth in equities and as as a follow-up question um what's the alternative in terms of if you're looking to make alpha you know obviously Holding gold and silver is great to protect your wealth and to have an asset that's removed from counterparty risk and to store your wealth but if people are should be cautious about entering the stock market how can they then seek to increase their wealth in the way that an equity Market allows people to what I just said about debt doesn't hold for equities in the
same way at all so debt is something I absolutely won't own um you'll hear George gam and I have taken Calls on TLT and all of this I won't even take a shortterm option on it even if I think it's going to go up like it on a bit of cuts news that it will because it could suddenly turn and fall and it's in such a capitulation so I'll just show you the TLT it's a it's a essentially a fund of long-term 20e plus related debt that's the elevator it's been falling down that's the top
call in the bond market that we made a a few months uh around August uh September Over here we then got The Head and Shoulder uh that we've drawn many times we made that Head and Shoulder Target we've collapsed now you you did get more recently a little bit of rallies you can see some green candle action I'm not interested in ever catching any of that for me this asset category largely effectively goes to some value very close to zero if not zero at some point and May at any point violently uh under re begin
To undertake its Journey down there so it's really like trying to catch a b of soap that's uh slipping down a pipe down the road uh to the gutter I'm not interested in it it's just it's just uh of no value a long term and the flow that is going to need to come out of ever greater crisises all the risks are to the downside all the solutions are more more money creation and the efficiency is reducing um the return on it the amount borrowed and the amount The effect on GDP is greatly reducing it's
well below one: one um so everything is just a parabola against you so I'm not interested in it uh equities is slightly different that's not to say overall on valuations the US Equity Market because we'll talk about the US market now is good value I don't see uh genuinely it's being good value but you have a lot of substrates in this equities you have you can talk about gold miners you can talk about mag 7 you Can talk about the equities that have been left out of this larger Equity bull market remember it's been driven
by largely status oligarch technocratic surveillance Finance system companies chip companies Microsoft Amazon Netflix uh Tesla uh meta social media which largely always ends up in the Israeli data hands they have all of this including WhatsApp which is why they bombing know exactly how to bomb on point bombing certain people with phones And devices I mean those guys government is creating new money and handing it to them and they making out like Bandits and you're getting the inflation because they are doing this there should have been antitrust on the likes of Google absolutely ages ago um
they ran YouTube they have Android which has vastly proliferated more more than even iPhone IOS is for apple although they should be anti trusted as well they've you know they've got two dominant position in far Too many things but it serves the statists to have one Corporation and one CEO to go to to get all the the data collection all the YouTube algorithm adjustments all these various things instead of it being broken up in lots of medium-sized fairly strong companies it's all pulled together like a monster and so we have this oligarchy and as long
as we are in this environment the government's going to continue to destroy your currency tax You from under up and these people will be getting the bulk of those profits um if you have a look technically at the chart on the Spy this is uh a hammer that's reversed you had a little bit of a shooting star I'll go back to uh there there it is this is a very positive technical so right now I wouldn't be telling anyone sell all your stocks you had a bit of a shooting star that was a warning something
was coming and then the next candle you've had your Dip this is of course on a monthly time frame I always suggest looking at candlesticks on a monthly time frame and you have reverted all the way through this Yen trade unwind narrative um and this dip that we've had you will make new highs so but hold on that's totally different to the debt Market well the US Equity Market is the chosen destination for the carry trade Capital even if you're a Swiss bank and you're borrowing Yen you're not buying the Swiss stock Market you're buying
the status corporations that are running the surveillance Finance system currently housed in America or you're buying us treasuries because they raised rates fastest for longer to highest point and the US needs people to be buying treasuries because otherwise no one else will get him so that's why there's still a bit under treasuries to any level because they're getting to borrow at much lower rates and then they Get a fixed rate of return you can calculate how much you're going to make a month it's a Cash Generator imagine you could borrow 500 billion you and I
we could sign a contract for500 billion dollar worth of Yen and just stick it in TBL uh it's a great trade if you can get it and that's that billionaire class that gets access to that kind of funding so this is a re this will go higher this is a beautiful Hammer it's come all the way back up we literally today talking You and I Jesse today and you have come right back to where where the crisis started that is a dogee candle the open and the current Mark to market today on the Spire is
the exact same place you've had the whole bed wet and you reverted right the way back up that is still a strong Market that's uh yes there was some sphere and some debt but that's not even like this sell off this is going to look like small beer I remember when it was happening I was Saying yeah it's not even 1987 it's not uh it's not a lot of crashes compare it to how we came off in 20122 for most of the year that was when the 6040 portfolios blew up because the bond market fell
through the floor and the equity markets fell through the floor and that was like wow what's better the bond market should have protected us for the Equity pullback no you don't do 6040 anymore you can use you can have the equities so when you Ask the question about equities it's is it gold equities is it those have been you know languishing they owe they owe a big run but they're going to need the gold market to move more they're going to need the silver market to start getting to new highs and then only do they
come online because they need long-term proof of consistent high prices and they've had the inflation costs on breaking holes in the ground they've got all this ES G Taxation and Difficulty they can't raise Finance cheaply anymore unlike the carry trade for the bloody bankers and the cartel that mercantilist that can get facilitated cheap money they don't that you can't if you lend to they have to go to hedge funds there's people that were in the oil tanking business you can't even get a bank to talk to you anymore so by making Finance for certain kinds
of companies very difficult you raise their cost of capital they end up Issuing more equity and they are diluting um gold in the ground per share so their share value should reduce because they're having they they proliferating themselves but they proliferate in script so there's not nearly as much gold assets per share as well so they are diluting so until we start getting consistant higher prices at a rate that significantly so until gold starts outperforming inflation at the moment it's barely broadly held Inflation what's happened is it's going to start chronically outperforming inflation that's when
the gold miners will start to really really get their running shoes on as well but if you're talking tech stocks as as long as this is reverting back up and the good old uh proliferate is going they're going to do just Dy if we get the yield curve reversion a sudden Spike up they'll have another selloff potentially but people will get bored and it will probably Revert quite quickly if we get to a proliferation again but we don't get to see rates go to zero again uh in fact the next major significant move we're going
to be cont controversial here is rather than uh the cuts that PO is probably going to do people are penciling in two cuts and Then followed by another two the following you know at the end of the year or whenever October November December um that's essentially four .25 we think you you may not even Get all of that and in the next major move of multiple percent we think is going to be a spike to the upside on a debt collapse and that's how they will impoverish everybody who's on borrowed money and The American Nation
is on borrowed money they borrow for their cars they borrow for every item they produce they put it on monthlies and that's a warant well let's talk about the distractions in a little bit more detail which you alluded to earlier Because we're seeing a lot of Madness unfolding around the world obviously hot Wars going on with Russia Ukraine as well as in the Middle East that seems to be heating up um you know Putin recently declaring that there's no no longer going to be any peace talks with Ukraine since their incursion into Russian territory um
in the west we've seen a US presidential election where one candidate was nearly assassinated the other drops out of the race the UK Police are now threatening not only their own citizens but everyone around the world who dares to post on social media anything against the regime's narrative which is orwellian is perhaps too polite a term for that we've got the EU commissioner the Bretton sending Elon Musk a letter saying you'd better censor your interview with Donald Trump or we're going to come after you I mean the list goes on it's just getting completely insane
um are we witnessing The Western Empire in Decline is this all part of the distraction you're speaking of to to take people's eyes off the real issue what what are your thoughts Twitter uh and social media is actually an emotional outrage provoking algorithm designed to manipulate your mental state and your reactions so you you you go out there and you hate on um immigrants ISL islamists when actually most of them might be schoolgoing family loving Pretty straight up and don't run around with machetes that's the jail Squad that they emptied out of Libya that they
just finished voting in just the day and you think it's you know the guy's been there for five two or three generations and runs uh you know a 71 store on the corner is always honest and opens gets up early every day he's putting his kids to school just like you he just happens to have you know he happens to be is lamic and have a a beard um so you know Don't don't be that guy don't look at fear and all of this that's how they divided and conquered very successfully with the cv19 as
well so social media is designed to do that and Elon Musk is doing a great job of promoting the outrage uh as part of this in the name of freedom for speech he's actually manipulating people as well and the point of this is understand that the sites have been put on the relative wealth of the western Man and in a great leveling game the people that need the greatest deflation of their nation state and undermining of their rights for a future surveillance Finance system are people living in the west so you may be at the
highest Apex and always thought you know you know when you lived in London or the UK you always thought uh or the states for example you're better than someone who lives in Indonesia or Latin America or baliy I'm actually saying to you that They are at the lower end trending up and you're at the top trending down and actually put up with a couple of things that may less convenient than maybe some aspects of Living in America or the UK you're actually going to have a better Journey up in those other destinations then you are
watching the steady decline and the undermining of Rights plus don't forget the deagle stats and all that they have planned there is an absolute Target not only on the financial wealth And living standards of the white European in Western Nations but also on the population numbers of that particular tribe or ethnicity and I think you've got to be safe and be amongst other people um which are less targeted in some instances and I continue to say and will continue to say and I'm expecting to be a Cassandra on this point and everyone will look back
in 20 years time and saying damn I should have done what That guy did said because most it's very hard to leave your home nation I've had to do it myself and it was tough you can always revisit you're not leave leave leaving you're just ceasing to be a permanent taxpayer and passport holder and Company owner and all those things in one nation state you're saying I'm no longer a tax resident you've got to sack your slave master in the western nation and find a new one that will offer you better terms of your for
your slavery And your tax contributions uh in another nation that has to make it attractive to get other people because you weren't born there like the locals and you always get better terms as a nonpatriarchal um indigenous Georgian Latin American if you're coming from somewhere else and if you're bringing a reasonable amount of wealth or your own means at least at minimum so go where you treat it best and it isn't the West at the moment uh Being a white European in the west you're a second rate citizen in your own country and it's by
intent and it's going to get worse and there's going to be less of you when they're done and you're going to be a whole B Bunch poorer so understand that it's a Bolshevik cycle that went for Russia um and you need to miss that uh it really is that's that's a dark prophecy and I'm sorry to be the one delivering it because people don't like nasty messages You can have an amazing life taking Community friends family members to other places reestablishing where there is not an attack Vector on you where they're happy to have you
so for example in Panama greenos are very well looked after where you are uh because they need the wealth they need the money they want the tourism you know um you your word might even be taken above a local indigenous Panamanian in an event of a you know car accient or VM bashing or Something just because and and you recognize that you must be protected why why not be there why not be there why not be there where you can have a property purchase that has 40 years no uh 30 years my apologies no tax
because what are they going to do they're going to throw me out of my properties in the west how are they going to do it they're going to increase the tax until I can't hold it anymore and they're going to put rental controls that I can't rent it for What I need to rent it to pay all the taxes for because there's too many poor people and I'm a rich bastard who's got some assets and they're going to create you know they want all the crabs in the bucket and the other crabs are going to
pull me down to their level because they've all been leveled by the system don't be caught in those assistance go where you welcomed and this is part and parcel of a of a message that's it's a hard message to Deliver because you've got a Sati but you can always go visit and love your favorite football team and go on holiday in your old home nation but get some Freedom elsewhere get optionality I'm tired of having to debunk everyone should be all in Bitcoin and volatility is a feature and all of this Spin and how many
chairs are you sitting on like why be Diversified you know like Michael stor cranky analogies uh you know you're the fastest horse cranky analogy have a Stable of horses we only sit on one chair because physics is a guaranteed fact financial performance and beta on the future and who's controlling what is an unknown that's why we have portfolio Theory so you have gold and you can speculate and have a bit of Bitcoin and you can have some uh property but property in different nation states that give you optionality how do you position this is the
big question everyone is asking that is watching okay Francis I Think some of the things you're a drama queen but I think some of the things you're saying Could Happen how do I position this is our this is our game how do you position for reset economics where people are coming to strip you coming potentially even to reduce your ethnicity substanti uh are undermining you in every aspect and that's never not been a precursor to a genocide by the way where an entire media system is turned against and That's what happened to the Zars romanovs
and the white Russians boy did they lose people the biggest single genocide ever committed against Orthodox Christians that's the history you never get told and have much of a fuss about you get told other history this is a real warning the the the Orthodox Christians of Russia are the Western white Europeans of today so don't be there when it happens and I will die for my country as If it's a declaration of heroism and courage it's a declaration of inertia and stupidity your nine mil does not compete with whatever is causing those California fires that's
coming out of the sky your n mil you know does not compete uh with whatever you know I'll die grimly with them you know in their hand why not live happily and why not take be a better care a custodian for your kids that might also like a life to have a wife fall in love do various Experiences so sometimes you know Art of War Sun Su says The Greatest Warrior is the one that didn't fight that managed to get his objectives without having to pull your sword out by the time you pull your sword
out both of you have lost even if you're a great swordsman are likely going to win the fight you might still get a cut a Nick an injury you might be unlucky you're always better off if you get uninjured 100% guarantee and you still get what you want so the Greatest war is the war of the mine so go be where your chances of survival the Outlook and the demographic Trends are all up you have you look at Japan the US the demographics are awful and they inverted and there's this coal coming in my opinion
go to Indonesia barley these places you've got a big youthful group you will be relatively Rich slightly older than the bulk of the generation you'll have Services massages for free you'll have little phone services where You can get someone who will come and clean your kitchen for $5 in in a in five minutes and you'll show up on a scooter you can have a great home you can be by the Sea you can have people bring you fresh fruits every day and give you back rubs you know what what's wrong with that and it's going
to get better and better and they're going to get wealthy and you know you'll always be a liked person who's bringing employment and spending money and and Raising their living standards you know what's wrong with that and go on holiday to watch the Miami Dolphins once in a while with your old schoolmates if you're an American from Florida or you know wherever go go go go back to London to see you know Tottenham Hotspurs get thrashed by Liverpool whatever whatever is your boat makes your boat thr you know you're not been seed from wherever you
were born but you should retain more of your income you know I also give this Piece of advice just double a dollar and do it uh every year for 20 years and you end up with a million over a million dollars uh amazing isn't it so I my goal to you is find a dollar and double it 20 years in a row double a dollar and pay 30% tax at the end of the year and then only get to double the net the following year what do you think you have after 20 years that's fantastic
advice and uh you're preaching to the choir here obviously I left my home country of Canada in October of 2021 and it was a surreal moment because as this was just before the our lovely prime minister declared or just after I should say if you don't take a vaccine you can't leave the country and I was like you can't leave like this is on another level so I'm booking my ticket to the Balkans I'm out of here and when I came across people and I was like I'm getting out of here I'm going to to
at the time I was going to Croatia and they're saying what You're leaving and I was simultaneously thinking what you're staying what you thinking um but yes uh some some excellent uh words of wisdom there and I mean the the amount of money you can save on taxes leaving a place like Canada just as one example unfortunately Americans get tied into their tax system wherever they go but for candidates surrender your passport surrend yourport sever your ties to your slave master in full if then the fact That they make it difficult means it's all the
more reason you should be doing it yeah that should make you more determined surrender your passport get a passport you can get a Mexican passport you can get a Georgian passport you can get anything surrender your passport get out of it just because it's hard and inconvenient doesn't mean you shouldn't be uh losing it get rid of it absolutely um 100% by the way the answer is 24 Grand if you pay 30% tax that's the Difference between a million dollar and 24 Grand you owe it to yourself not to fund these criminals that are giving
that money to Ukraine Israel and all the other nefarious projects organ harvesting out of your dead Ukrainian soldiers all these other dirty dirty businesses they are vile dirty businesses and it's a money laundering scam you've seen it with FTX and Ukraine you've seen it on all these things there is so much skull duggery at the top They're nothing but a Haven of Thieves uh so get out of that system get out of those systems and get somewhere else and you can be a per a permanent tourist of the world yes and Save in Gold absolutely
well Francis this has been a fantastic conversation greatly appreciate it for those who want to hear more from you tell us about the market sniper and anywhere else people should seek you out online yes we have two YouTube channels the that market sniper And the crypto sniper the first deals with technical analysis on generally gold debt a lot of these key drivers that tell us when the big things are going down as you saw from today the yield curves close to reverting when that comes back a bigger event is almost certainly waiting for us and
we think it will likely be the reset you could lose your money in your Banks ATMs could go dark all these things that people salute doomsday nihilism for but actually has a Much higher probability of happening There's real opportunity in that be the one that survives be the leader be the man who took action be like Jesse who left just before people started to mandate take action yeah I'll put links to all of that in the description below thank you once again Francis it's been a blast as always absolute pleasure thanks for having me on
Stay Well for now and thank you for joining us today as a reminder this episode is brought to you By Ark silver gold osmium for all your precious medals needs Head to argo.com and contact owner Ian everard today at 30726 49441 or by email at Ian argo.com and make sure to tell him that commodity culture sent you and I'll see you guys in the next episode commodity culture is a series on Commodities and natural resources if you would like to see more be sure to subscribe and hit the Bell notification So you're always up to
date with the latest episodes
